The Business Times, 24 August 1989

Microfilm: NL16694
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, AUGUST 24, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    249 1 Dow Jones up THE US stock market gained ground yesterday morning as interest rates turned downward. The Dow Jones average of 30 industrials rose 4.93 to 2,655.92 at 1430 GMT in the first hour of trading. AP Footsie up LONDON share prices fell from their best levels
    249 words
  • Article, Illustration
    Local stocks end broadly lower
    211 1 SHARE PRICES in Singapore were broadly lower on profit-tak-ing. although the Straits Times Industrials Index finished marginally higher. Brokers said two-digit gains in some component stocks pushed the index up 5.88 points to 1,376.74, while Malaysian lower-liners continued to be the focus of trading interest.
    211 words
  • Article
    Lock icon US$ overvalued, says Sumita
    114 1 AFP BANK OF JAPAN governor Satoshi Sumita said yesterday that the dollar was overvalued against the yen and vowed to intervene with other central banks to curb any excessive appreciation of the currency. "A strong dollar is not desirable because it will hamper Japan's efforts to
    AFP  -  114 words
  • Article
    Asean meeting agrees on precautions against single EC market
    487 1  -  By AL O LABITA Jr ASEAN parliamentarians yesterday turned down a Philippine proposal to create a regional common market, but backed Singapore's call for the six-member regional bloc to take precautionary measures against the European Community's plan to establish its single
    487 words
  • Article, Illustration
    UIC could incur big paper loss
    581 1  -  IN-PRINCIPLE APPROVAL TOR AMUSEMENT PARK USES WITHDRAWN By LEE HAN SHIH,MAGDALENE NG THE LISTED United Industrial Corporation (UIC) has reluctantly completed a property deal that could lead to an immediate, massive paper loss. After hours of huddling with its lawyers from Lee Lee, UIC
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  • Article
    'Lack of passion' remark not directed at ministers
    499 1 PRIME MINISTER Lee Kuan Yew has clarified that he was not referring to his younger colleagues as "washouts" when he spoke of a lack of passion during his National Day rally speech last Sunday. Touching extensively on Singaporeans migrating in increasing numbers,
    499 words
  • Article
    Kyowa Bank to arrange US$50m revolving credit facility for Thai group
    212 1  -  by HONG LEE TIAM THE SINGAPORE BRANCH of Kyowa Bank Limited has clinched the mandate to arrange a US$5O million revolving credit facility for the Charoen Pokphan (CP) group in Thailand. The CP group, one of the largest home-grown,
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  • Article
    Lock icon Aussie domestic flights stop
    111 1 AFP THE Australian government called on the air force and international airlines yesterday to carry passengers in Australia as airlines shut down their domestic system after standing down pilots in an escalating row over wages The three major domestic carriers, Ansett, EastWest and the governmentowned Australian
    AFP  -  111 words
  • Article
    Lock icon 'Thailand does not face threat of US trade sanctions'
    276 1 AFP THAI Prime Minister Chatichai Choonhavan has said that Thailand, on a US hit list of unfair trading partners, faces no threat of trade sanctions. In an interview with the pro-government Bangkok Post published yesterday, the premier said he would ask
    AFP  -  276 words
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      Page 1 Advertisements Column 1
      129 1 ~1 > i s v > v fßurberrys >S ,co -^M| r^^'- v T i ,^7^ s < Reigns when it pours X GREAT franc AND! HCW SMALL COMR\NESTURN IDEAS INTO REALITY As the Small Industries Finance Scheme (SIFS) specialists, Great Pacific Finance can help small companies get big ideas
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      Page 1 Advertisements Column 2
      182 1 {/:[{{)"`.${?<|$^%\%\"(<[;+$!{? Editorial Comment: 10 Towards a new Singapore Inc Property 10 Japanese's elusive dream Bumiputras face obstacles Land transport policy 2 Committee seeks your views US economy 3 Durable goods orders down I.9pc Investment 4 More Taipei businesses in KL Marketing A boutique just for kids Cities 12 Building castles
      182 words
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      Page 1 Advertisements Column 3
      4 1 Mora stories, BACK PAGE
      4 words
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      Page 1 Advertisements Column 4
      95 1 TOTAL TRANSPORTATION 51 te1:265-3833 CROWN PACIFIC i vw \frond Tavilum RESTAURANT (Chinese Swimming Club) Cantonese cuisine takes on a whole new dimension m ii I +<* J 111 I I r* Kf I Dine on excellent Cantonese cuisine in the comfort of grand luxury. You'll savour the experience long after
      95 words
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  • HOME NEWS
    • Article
      Committee seeks your views on land transport policy
      448 2  -  By JEFFREY TSANG THE PARLIAMENTARY Select Committee on Land Transportation has thrown an invitation to members of the public to give their views on land transport policy. At the same time, the GPC for Communications and Information has appointed a resource panel
      448 words
    • Article, Illustration
      More mature phase for Botanic Gardens
      318 2  -  t>y ANNA TEO SOME $51 million will be spent over the next four to five years to re-develop the 130-year-old Botanic Gardens as the best in the equatorial belt. For the past two decades, the gardens have been managed as a recreational park for
      318 words
    • Article
      Promotions for Parks and Recreation officers
      226 2  -  -bf ANNA TEO FOURTEEN Division One Parks Recreation officers were promoted this month, including three to Superscale grade. Another nine horticultural assistants in the department became assistant curators, going from division three to division two. The three newly-promoted Superscale officers, who went from grade
      226 words
    • Article
      Beijing ready to consider an investment zone for Singaporeans
      319 2  -  By JAYARAM MENON CHINA may set aside an investment zone for Singapore investors if they desire it, said the country's Minister for Commerce. Hu Ping was speaking to reporters after a closed-door seminar with members of the Singapore Chinese Chamber of
      319 words
    • Article, Illustration
      VITB to launch schemes to upgrade workers' skills
      507 2  -  By SHOEB KAGDA TO ENSURE that Singapore workers retain their position as number one in the world, Senior Minister of State for Education, Or Tay Eng Soon, yesterday announced two new training-relat-ed schemes. The schemes, to be launched by the Vocational and
      507 words
    • Article
      More food handling offences to carry demerit points
      214 2 FROM NEXT month, food handlers and operators of eating establishments will face a longer list of offences which carry demerit points. These offences come under the Points Demerit System introduced in 1967 to improve food and personal hygiene of licensees/food handlers in
      214 words
    • Article
      Move to curb use of asbestos
      117 2 THE Ministry of Environment is' to introduce measures to reduce the use of asbestos by replacing asbestos products with asbes-tos-free substitutes. The move comes after studies in many countries have shown that asbestos causes respiratory illnesses in industrial workers who are frequently expoeed to
      117 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      467 2 It appeals to both sides of your brain. For every purchase from 1 Jul. to 30 Sept. 1989 (hi hi turd interfaces make it easy to bring outside help from a mouse, printer, modem or other toots Fife expansion slots give wu room to grow one for highspeed memory- and
      467 words
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  • FOREIGN NEWS
    • Article
      Lock icon Credit card users may pay more in Britain
      254 3 AFP FT PAYING by credit card in Britain could cost more than paying cash if the government accepts Monopolies and Mergers Coml mission recommendations published in London on Tuesday. i At the end of a two-year enquiry, the commission has rec- ommended
      AFP; FT  -  254 words
    • Article
      Lock icon Japanese steel a makers to resume exports to China
      93 3 AP JAPAN will resume steel pipe exports to China after a twomonth suspension following the L, June 4 military crackdown on •1 pro-democracy demonstrators in Beijing. Sumitomo Metal Industries Ltd, Japan's top seamless steel pipe maker, said yesterday a group of
      AP  -  93 words
    • Article
      Lock icon Made-in-India cars to be exported to France
      207 3 AFP THE FIRST of about 2,500 cars produced in India will be exported to Paris by the end of September under an agreement with a French company. The Maruti-800's, produced in collaboration with Suzuki of Japan but with 70 per cent Indianmade content,
      AFP  -  207 words
    • Article
      Lock icon Bush, Kaifu to discuss global partnership
      207 3 AP THE US-JAPANESE global partnership will be a theme of wideranging talks in Washington next week by Japan s new prime minister and foreign minister, the State Department said on Tuesday. Making an early get-acquaint-ed trip to Washington in the tradition of many previous
      AP  -  207 words
    • Article
      Lock icon Orders for US durable goods down 1.9pc in July
      514 3 Fourth successive decline despite lower interest rates AP A FOURTH successive decline in orders for "big-ticket" durable goods announced on Tuesday showed US manufacturing continuing to struggle despite recent intereet rate declines. The Commerce Department said demand for durable goods fell
      AP  -  514 words
    • Article
      Lock icon 'Japanese dumping drafting machines'
      184 3 AP THE US Commerce Department has made a preliminary finding that Japanese-made drafting machines and parts are being dumped in the United States at low prices unfair to competing US makers. The US in 1988 imported from Japan US$23.B million worth of drafting machines and parts,
      AP  -  184 words
    • Article
      Lock icon Taiwanese joins billionaires club
      397 3 AFP, AP THE SON of a poor Taiwanese rice farmer who made his fortune in hotels and insurance was among the k most recent arrivals to the world's billionaires club, Fortune magazine reported on Tuesday. Tsai Wan-Lin, 64, was the most dramatic entry into the club
      AFP,; AP  -  397 words
    • Article
      Lock icon More Taiwanese investing in Malaysia
      402 4 AFP TAIWANESE businessmen are flocking to invest in Malaysia, attracted by the stable political environment, a developed infrastructure and abundant manpower, industrialists in Taipei say. Statistics released by the Investment Commission, a government supervisory body, show that in 1968 Taiwan businessmen invested US$BOO million in
      AFP  -  402 words
    • Article
      Lock icon Thailand as export centre
      141 4 Bernama-TNA HONGKONG and South Korean investors have urged Thailand to be a centre for their exports to Indochinese markets, the minister in the prime minister's office Korn Thapparangsee said in Bangkok yesterday. He said that at seminars held by the Thai government last week in the
      Bernama-TNA  -  141 words
    • Article
      Lock icon Bank denies big tin disposal
      160 4 AFP MALAYSIA'S Bank Bumiputra Bhd, a creditor bank of the defunct International Tin Council, said it has no tin stocks available for disposal, Bernama news agency reported. The bank was denying reports that it had released 6,000 tonnes of tin either through sale or by
      AFP  -  160 words
    • Article
      Lock icon Shell's Bintulu project to come onstream by late 1992
      201 4 Bernama THE MSI.B billion middle distillate synthesis (MDS) project at Bintulu, the first commercial natural gasbased project of its kind in Malaysia, would come onstream by late 1992, Shell company officials said. While middle distillates would be the main product, the
      Bernama  -  201 words
    • Article
      Lock icon S Korea heading for trade deficit next year
      247 4 Oana-Yonhap SOUTH KOREA may suffer its first trade deficit in five years next year if the current sluggishness in exports continues, the Korea Foreign Trade Association forecast yeeterday. It predicted that exports will reach U5563.5 billion this year and US$6B billion next
      Oana-Yonhap  -  247 words
    • Article
      Lock icon On Manila's inflation
      44 4 AFP THE PHILIPPINES can expect 12 to 18 months of double-digit inflation, but this will not hurt economic growth, a prominent economist, Bernardo Villegas, senior vice-president of the Centre for Research and Communication, a conservative think-tank, said in Manila yesterday. AFP
      AFP  -  44 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      683 4 ARRIVALS Operator Sorvic* number Local From MM MA MA HA MA rHA gu MA rHA CPA MAS GU MAS MAS AUC SIA AH JTA r»Y SIA SIA SU SU GiA GU MAS SU SU POT PAL SU SU JAL MAS QFA CAL SU MAS QFA JAL SU
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      181 3 Singapore Manufacturers* Association Technical Training Centre Seminar on "EXPORT MARKETING FOR MANUFACTURERS TRADERS" Objective: 20 21 September 1969 $320 per participant Hotel Equatorial, 429 Bukit Timah Road This 2-day seminar is specially designed to highlight the essential steps to take as exporters Key Topics: Examining Your Company's Export Potential Basic
      181 words
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      Page 3 Advertisements Column 2
      235 3 P*r*p«ctJv«, PAGE 10 The sort of meeting room you can look forward to at Saujana. Not many hotels in Malaysia can claim to have a pair of championship golf courses practically sitting in their backyard. But then, not many hotels in Malaysia are like Hyatt Saujana. Lying just 23 kilometres
      235 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      51 3 Vmm 1 r; Global temperatures and weallier conditions on Aug 22 CHy Max/ Note Singapore Madrid Manila Maxlco City Miami x Montreal Moscow Nassau k-i r\.M.i nfW UVlfn New York Nicosia Oslo Paris Perth Rio 'Janairo Rom* San Fris'oo San Juan Santiago Seoul Stockholm SydiWy Taipei Tokyo Toronto Vancouver Vienna
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      282 4 A futuristic interpretation of a legendary design: The Movado® Sapphire Museum SD® Watch. The famous Movado Museum dial represents the quintessence of the modern design movement. Simple, functional, tasteful. Its purity of design has won it a place in the permanent collection of the Museum of Modern Art. Yet, the
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      Page 4 Advertisements Column 2
      162 4 The business penon's choice e*ery Tuesday, Thunday, Sarurdw and Sunday. Leaving Qnng Airport at 2255 hours and arming at CHart International Airport the following day. CJI your trrvel agent or Atr C*n*d* tt 732 tiff. A BREATH OF FRESH AIR OLYMPUS it-WI'WWW<4W«III<i>I>»"IHH#W OLYMPUS Pea'icoroer 5930 The new Peartcorder 5930 from
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      74 4 Doonesbury OUR NEXT LOT IS A MOST CHALLENGING POSTING THE REPUBLIC OF RWANPA! UJHAJ AM I BiP FOR THIS PISTINGOISHEP AfifiOtmWT? SHALL WE START U/TTH*SO,OOO? WHO LULL dtP ******? PO I HEAR ******? *20,000? m as M 'l^wr -S.. ?***»«< 4 BY GARRY TRUDEAU i *10,000? POIHEAR $10,000? iWERETHE HELL
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  • COMMODITIES
    • Article
      Lock icon Soybean
      140 5 Reuter CBOT SOYBEAN futures closed higher on Tuesday in sympathy with corn after the August contract expired and removed uncertainties about another delivery crisis, traders said. Prices declined in the morning on forecasts for more rain across the Midwest into next week. Rumours that the Soviet Union inquired about
      Reuter  -  140 words
    • Article
      Lock icon Wheat
      134 5 Reuter CBOT WHEAT futures closed fractionally mixed in light trade. A lack of fundamental news gave traders little reason to aggressively push prices either higher or lower. Early sales in March by Rosenthal/Collins sent values to session lows, pit brokers said. But light local short-covering in sympathy with persistent
      Reuter  -  134 words
    • Article
      London Markets
      266 5 London Commodity Exchange Buyer/Seller dosing prices on Aug 22 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option OF London Sop 773/774 (759/761) High/Low 778/765 Nov 766/767 (764/766) High/Low 783/766 Solos (4011) Cocoa Sop 772/774 (770/771) High/Low 774/751 Doc 827/828 (825/827) hflgh/Low 830/805
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    • Article
      KL Tin
      146 5 SHORT-COVERING by consumers saw the Kuala Lumpur Tin Market (KLTM) pries |ump SS ssn to M 522.05 kg yeaterday, broksrs said. Tussdsy's sharp rlsa on ths London Motal Exchange (LME) prompted rsnswsd buying domand as reflected In lha opanlng bids at 277 tonnsa against oltsrs o4 81, they
      146 words
    • Article
      SSR and SMR
      82 5 SEPTEMBER 1989 OCTOBER 1989 (currant month) (forward month) RAS NOON NOON Svyan S*n*ri •uyan Saltan S» 30 152-50 154.50N 153.50 155 JON SSI 50 150 JO 152 JON 151.50 153 JON MRELB Suy«n Saltan ftuy an SaMan SMI CV 214.50 2I6.50N 216.50 218. SON SMS I 215.50
      82 words
    • Article
      Produce Prices
      196 5 Chinese Produce Exchange Sellers' noon dosing prices on August 23 (S*/100 kg) Coconut oil Bulk FOB 93.00 Old drum FOB 103.00 New drum FOB 107.00 Copra Mixed (loose) 50.00 sellers Pepper ti. >-L .kjtmWHO* wniT® FOB Ntw 497.50 Sarawak white FOB faq NIW 487.50 Sarawak spedal black FOB
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    • Article
      Rubber
      146 5 SINGAPORE: Rubber prices closed slightly higher yesterday, with September 1 RSS buyer quoted at 168.50 cents a kg. up 0.25 cent from Tuesday's close. Dealers said prices hovered within narrow bands on some short-covering in quiet afternoon trade. On the TSR-20 Award market, prices closed firmer on covering interest
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    • Article
      RAS and MRELB
      310 5 RAS prices In S c«nts/kg, FOB In balm 1 NOON CLOSE Buyor* S#N#cs Bwyors Sellers to 1 RSS Prompt 168.25 169.25 168.50 169 JON to 1 RSS S«p 168.25 169.25 168.50 169 JO ln» 1 RSS Ocf 171.25 172.25 171.50 172 JO to 2 RSS Of 167.50
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    • Article
      Palm Oil
      522 5 MALAYSIAN CRUDE PALM OIL FUTURES (CPO) futures yesterday eased slightly on profit-taking. Dealers said the market opened higher following the higher overnight Chicago soybean oil market but the strength failed to follow through. News that Pakistan is tendering for some 6,000 to 12,000 tonnes of CPO today under
      522 words
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      209 5 ITS ELECTRIC. im m II ti >• ■M mm IS®?; .;*&y£fc -jf' IfrßrB 1 *p$ gfPj& i Mi *fc 4 28 |Sr f >•; r-*,'; 5S :;.",t sfc»L •*->'?•*> •f I V»* il «1 -ssJr'-* m m 'Mfth > 18 t tfe V t M m m r I™ 8%2c3a»
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      979 6 SINGAPORE: SHORT-COVERING and buying on dips helped the US dollar recover some ground yesterday following its fall overnight on stoploss selling triggered by the breach of a major support point at 1.9500 marks and speculation that the Bundesbank would raise interest rates at its council meeting today. Range
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    • Article
      Comex gold/silver futures
      153 6 Gold futures on August 22, 1989 100 troy ounces; US$ per troy ounce Opan Mflh Low Satta Aug 368.50 368.60 368.00 367.90 -0.50 S*o 368-60 -0.20 Oct 370.00 371.50 370.00 370.70 Dac 374.10 375JO 373.90 374J0 Fab 90 377.80 378.20 377.80 378.30 Ap* Jgn 382.30 382.50 382.30
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    • Article
      Asian $ market
      276 6 Asian market ASIAN DOLLAR deposit rates yesterday closed little changed from their opening in quiet trading. Dealers said operators are now watching for clues to any change in Fed credit policy after its Federal Open Market Committee meeting. Term rates were steady to slightly higher at the outset and remained
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    • Article
      Money markets
      59 6 THE overnight rate on the Singapore money market closed 1/8 point lower at 5-1/8 per cent yesterday. Term rates were all unchanged. S$ In rates at ftv cioM yesterday: OWH NO 0*m- <*+* 1 mortt 1 Own 5 i 5 1/4 i 3 1/4 I 3 1/4 Igttf
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    • Article
      Lock icon IMM
      271 6 Reuter IMM CURRENCY futures ended higher on Tuesday and near the peaks of the day on speculation that European central bank intervention and rate hikes could be in the offing. Rumours carried the market higher, but traders reported no fundamental change in bullish dollar sentiment. Talk that West Germany
      Reuter  -  271 words
    • Article
      Government Securities Market
      105 6 Treasury bills Day's Period Issue Yesterday's dosing code Maturity BID OFFEt HIGH LOW 3 months BQ*****X 16.11.89 4.15 4.10 4.15 3.95 6 mmittw BS*****V 18.01.90 4.10 4.05 4.09 4.02 1 yor BY891OOf 24.05.90 4.20 4.15 4.17 4.10 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      105 words
    • Article
      Options
      1241 6 CURRENCY FUTURES OPTIONS Wodnosdoy, August 23, 1989 DEUTSCHE MARK (SMtfEX) Sap m cam MM* Laa 1 Ml Sopi Mgh M puM low Ml 52 53 54 Wednesday, Au gust 23, 1989 64 160 252 JAPANESE YEN (SIMEX) SopMcwO. M*> low M* Law Mi 71 42 169 169 166 £2
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    • Article, Illustration
      World interest rates
      178 6 tha prima tending rates of 12 major banks In Singapore Interbank market ri itee (offer/bki) on Aug 23 US) DM SWFC Y«i 7 4mr% 9 7/4 14 1/4 14 4 15/14 13/14 7 3/4 7 1/4 3 3/4 3 1/4 1 *1/1* 13/14 13 13/14 13/14 7
      178 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      149 6 Your products are at home in markets worldwide. So are we. The successful introduction of products to worldwide markets requires a bank with international resources. Deutsche Bank, with offices in more than 40 countries around the globe, is such a bank. First-hand information, international know-how and professional advice on business
      149 words
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  • BANKING AND FINANCE
    • Article
      Precious Metals
      347 7 HONGKONG: Gold ended easier in thin, quiet trade yesterday on a iack of fresh factors, dealers said. "South African producers sold gold at US$367 in New York, which encouraged investors' wait-and-see attitude (yesterday)," a dealer said. Light physical demand by local investors supported gold at US$366, he added.
      347 words
    • Article
      Lock icon Crude Oil and Products
      145 7 Telerate FUEL oil prices slipped $1 mt on the buyer's side in light trade. Traders attributed the weakness to availabilities from South Korea and Taiwan which have failed to find buyers in Japan. Demand was light in Japan due to the inactive bunker market, traders said.
      Telerate  -  145 words
    • Article
      Simex
      357 7 r Trading on Augurt 23, 11 m Opan Mgh low San Est Vol Op/ha Vol EURODOLLAR Sap 89 91.12 91.13 91.10 91.13 1083 ***** 1517 Dae 89 91.23 91.23 91.20 91.23 9533 ***** 4712 Mor 90 91.45 91.48 91.45 9147 1334 5255 882 tun 90 91.40 9143 91.38 9142
      357 words
    • Article
      Lock icon Higher currency futures
      164 7 BA Futures SEPTEMBER EURODOLLAR futures yesterday opened 6 ticks lower than previous Simex close at 91.12 following poor demand for the US Treasury's auction of 2-year notes and concern about yesterday's response to the 5-year notes. The September Eurodollar contract traded within a narrow range of 91.10
      BA Futures  -  164 words
    • Article
      Lock icon Deutsche Bank insurance unit starts operating in September
      181 7 Reuter DEUTSCHE BANK will begin selling life Insurance on Sep 1 through a new whol-ly-owned unit Lebensversi-cherungs-AQ der Deutschen Bank, bank officials said at a news conference in Frankfurt Deutache Bank, West Germany's largest bank, is so far the only West German
      Reuter  -  181 words
    • Article
      Nippon Shinpan may introduce its credit cards here soon
      340 7  -  CONSUMER CREDIT FIRM'S TIE-UP WITH DBS CARD CENTRE POSSIBLE By DEXTER LEE CREDIT CARDS issued by Japan's largest general consumer credit organisation. Nippon Shinpan. may be accepted tor payment of goods and services in Singapore soon. This was indicatsd in s
      340 words
    • Article
      Lock icon Taiwan's central bank raises discount rate to 7.75pc
      285 7 AFP TAIWAN'S central bank announced on Tuesday that it was rsising its discount rate, the rata it charges commercial hanks for loans, by 2.25 percentage points to 7.75 per cent annually. The move was made to rationalise interest rates of the banking
      AFP  -  285 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      71 7 i m Mm :L. I SeUteSSiiSL 15 $218.00++ S^S-^° ,iMSeWine Steamed Live s e Ribs 1 Imperial paste 1 SteOT !lllbtowS.^ ie<ie Mu J roomS Braised Vegetabl Bean Curd I II Fresh Fruits Delight I ALSO AVAIWBIf ,188.00^ iIU Set Menu groupsI 1'" W* m m*m >: a I r
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      Page 7 Advertisements Column 2
      228 7 A TOWERING SUCCESS STORY! Ist SEMESTER I—ICJ 13,000,000 CONTRACTS M JANUARY 1.700.000 FEBRUARY 4,300 .000 MARCH APRIL MAY JUNE: 0 7QO 000 8,900.000 10,700.000 13,000.000 16,300,000 CONTRACTS ESTIMATED TRADING VOLUME AT THE END OF MAY 89 FRANCE'S MOST BEAUTIFUL MONUMENT IS PROUDLY CELEBRATING ITS 100 TH ANNIVERSARY. IN THE SAME
      228 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      A boutique just for kids
      391 8  -  By JOCELYN TOH BARELY two months after opening the Flyers boutique in Centrepoint for young professionals, clothes retailer Chomel is carving another niche in the fashion scene. This time, it is going into children's clothes, with an aptly named shop, Just Kids Boutique. A children's
      391 words
    • Article, Illustration
      Burberrys to open first outlet next month
      304 8  -  JOHN TAN AFTER ALMOST 10 years of retailing through department store corners, Burberrys will open its first outlet next month. The outlet, based on a "store within a store" concept, will be located in Halley's Department store. BT understands that Burberrys will pay
      304 words
    • Article, Illustration
      O & M gears up for record growth this year
      342 8  - O M gears up for record growth this year By GENEVIEVE CUA ADVERTISING agency Ogilvy Mather's network in Asia is gearing up for a record growth of 25 per cent this year, with Taiwan and Thailand leading the pack. O&M regional director for Asia. Harry Reid, said the agency expects
      342 words
    • Article
      Importance of databases in direct marketing
      280 8 THE SECRET of successful direct marketing is to take information (which is useless), turn it into knowledge (which is usable). then apply it to make and keep customers. Speaking on the importance of databases, or customer profiles, in direct marketing, country head of Ogilvy
      280 words
    • Article, Illustration
      Chiat/Day/Mojo merger offers opportunity for local office
      443 8  -  By SANGEETA MULCHAND THE MERGER between Australian advertising agency Mojo MDA and Chiat/Day of the US means that Chiat/Day/Mojo Singapore may get to handle some of the US agency's plum accounts. In an announcement to the Australian Stock Exchange last month, Chiat/Day said
      443 words
    • Article, Illustration
      Video-based encyclopedia for the family
      230 8 ENCYCLOPEDIAS have gone high tech. Video Ed is marketing a new product which it calls "videopedia". Basically, the product is a collection of 120 documentaries on 25 tapes of two-hour duration each. Set up recently with an initial investment of $200,000 two months ago, Video
      230 words
    • Article
      Ball WCRS Partnership bows out of a possible $1.5 million account
      192 8  -  Br n SANGEETA MULCHAND THE BALL WCRS Partnership has bowed out on a potential $1.5 million regional account from the Australian Tourist Commission. The agency, which handles the Singapore Tourist Promotion Board's regional account, was one of the agencies
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      272 8 AN YOU WRITE COLOURS AND PICTURES? PR MAKE THEM JUMP OUT OF A PAGE? AN YOU SELL A MICROWAVE OVEN TO A MARTIAN? It's a tough job alright. But somebody's got to sell the fridge to the Eskimos. Or put up the Eiffel Tower for sale. What we could use
      272 words
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      Page 8 Advertisements Column 2
      26 8 WHAT OTHER MEDIA CAN REACH A CUSTOMER ON THE WAY TO YOUR COMPETITOR AND DROP HIM AT YOUR DOORSTEP? Pearl Dean on the mrt 732 9088
      26 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      161 9 EVERY TIME THERE'S A ROAD ACCIDENT. YOU GET HIT WE'LL CHANGE THAT Until now, motor insurance in Singapore has tended to favour the guilty party: The more accidents he has, the more your premium goes up. At Citicorp we're changing all that, by bringing in a policy that's actually fair.
      161 words
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  • PERSPECTIVE
    • Article
      Towards a new Singapore Inc
      513 10 BUSINESS TIMES THURSDAY, AUGUST 24, 1989 FIRST there was the vision for tomorrow. 1990 s Singapore, an economy of hard, indisputable technological achievement, as well as a society of cultural grace. More recently, that vision has been enlarged and extended further into the future, a
      513 words
    • Article, Illustration
      Why Japanese search for the dream home remains elusive
      1275 10  -  Japanese land prices shot up through the roof in the early 1980s. Although prices have fallen slightly in the past three years, they have hardly lessened the impact of a 300 per cent rise in the preceding years. Aggravating this is
      1,275 words
    • Article, Illustration
      Lock icon Is the new Japanese Prime Minister just a caretaker?
      615 10 Asahi AT AGE 58, Japan's newly elected Prime Minister Toehiki Kaifu is relatively young among Japanese politicians. His election marked the first time in 17 years that a man in his 50s assumed the nation's highest office. The last was Kakuei
      Asahi  -  615 words
    • Article, Illustration
      Lock icon Sacking of Datuk Koding brings matters to a head in timber-rich state
      552 11 SABAH Reuter A LONG-RUNNING FEUD within the Sabah government has broken into open conflict with the dismissal of the deputy chief minister, political analysts said. The analysts said that the sacking of Datuk Mark Koding by Chief Minister
      Reuter  -  552 words
    • Article, Illustration
      Lock icon India hopeful of concluding a deal to settle crisis soon
      667 11 SRI LANKA Reuter INDIA has high hopes a deal will be struck soon to end the serious dispute with Sri Lanka over when Indian troops should leave the island, senior officials said on Tuesday. "The agreement that has emerged from
      Reuter  -  667 words
    • Article, Illustration
      Lock icon Setbacks facing bumiputra entrepreneurs in IT sector
      1087 11 MALAYSIA Bernama BUMIPUTRA entrepreneurs are trying hard to carve out a share for themselves in the fast-grow-ing Information Technology industry but cannot always agree on what the problems are and on what needs to be done. Industry sources* say that bumiputras do not
      Bernama  -  1,087 words
    • Article
      Lock icon Scope of sale of govt-owned firms to bumiputras expanded
      343 11 Bernama THE MALAYSIAN government has reviewed its share transfer scheme and has agreed to expand the sale of government-owned companies to bumiputra individuals. a statement from the Implementation and Co-ordination Unit (ICU) of the prime minister s department said. Bumiputra entrepreneurs.
      Bernama  -  343 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      227 10 THE COUNTDOWN HAS BEGUN FOR THE HOHG KONG INTERHATIONAL ELECTROHICS FAIR. wm V N i N *'> V V "W f: > W V s s 4 i. L v- af< V V V r c^kHiifntttmi rnnrnnnimrni r ~v fc a. si OOOBBt W-1% 198% *ITHE HOIK KON6 CONVEHTIOH AMD
      227 words
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      Page 10 Advertisements Column 2
      47 10 Sjpeciaiittt m Fine Hand4a%oaed Carpea 1 Sunday, Aug. 27, 1989 Grand Ballroom Hilton International Singapore esC 100 Tribal And Fine Oriental Carpets Rugs All lots are guaranteed and backed by a full trade in value at our showroom. Auctioneers: Cheong Koon Sen| (CKS) Auctioneers Valuers Pte Ltd
      47 words
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      Page 11 Advertisements Column 1
      108 11 SIHGAPOfie 0// Singapore Symphonia Company Ltd o^J£sgj»jS presents The Singapore Symphony Orchestra in (sola Petfi&tmtznce conducted by £diMtt(l4leetli former Prime Minister of United Kingdom Elgor Overture Cockaigne (In London Town) Tchaikovsky Variations on a Rococo Theme for Cello ond Orchestra (Soloist: Felix Schmidt) Dvorak Symphony No. 9 in E minor
      108 words
  • Page 11 Miscellaneous
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Trying to actually build castles in the air
      769 12 CITIES AP IN MANHATTAN, where even the air and river bottoms are for sale, developers are wheeling and dealing to keep building higher and denser on an island that is not getting any bigger. Billionaire Donald Trump wants to use the rights
      AP  -  769 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      796 12 Wfiere tv entertain... Whete tv entertain... U/frere tv entertain... Wfjere tv BAR The best live jazz in town Hours: 5.00 pm 2.00 am Level 3, The Westin Plaza Happy Hours Mon-Fri: 5.00 pm 8.00 pm The Westin Plaza Raffles City 2 Sum ford Road. Singapore <1617. WESTIN hotels Resorts Taiwan
      796 words
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      Page 12 Advertisements Column 2
      170 12 THEKASBAH TOP 40's. GOLDEN OLDIES. Nocturnal Rendezvous GLAMOUR AND GLITTER Perfect for a fling OODLES OF FUN Let your hair down Something hot is always happening at the Kasbahl Here's to you l Celebrate with 'Courvoisier XO and get a $20/- voucher with every purchase. Or a $10/- voucher with
      170 words
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  • SPORTS
    • Article
      Profit forecast down
      379 13 SEA GAMES By CHARLES SAVAGE in Kuala Lumpur THE SEA GAMES are expected to make a profit but with the record number of athletes and recent rises in the costs of hotel accommodation, the net profit may be less than the Mss million expected just two weeks
      379 words
    • Article, Illustration
      Lock icon Stadler, Sindelar take first prize
      297 13 GOLF AP CRAIG STAOLER had birdies on six of the first 10 holes and his team-mate Joey Sindelar sank a crucial 8-foot putt on the 17th on Tuesday to take the US$lOO,OOO first prize at the U*****,000 Fred Meyer Challenge golf tournament. Stadler and Sindelar
      AP  -  297 words
    • Article, Illustration
      Samson Gimson falls behind
      305 13 SAMSON GIMSON forced his affections over-eagerly on the Saujana greens yesterday but they spurned their suitor, leaving him six strokes adrift at 79 (40.39). His long game got him to the greens in regulation but his short game failed him. "I've played here twice before and
      305 words
    • Article
      Peng Siong breaks 100m butterfly record
      300 13 SINGAPORE won five more gold medals to add to the second day's three. Two came from swimming, two more from bowling and one from shooting. Ang Peng Siong virtually made the pool his own, breaking the record in the 100 m butterfly in 56
      300 words
    • Article, Illustration
      Sponsorship enters big league
      549 13  -  SPONSORSHIP By A SURENDREN SPORTS SPONSORSHIP comes to Singapore in a big way when Corporate Sponsorship Services international sets up its regional office here. Named CSS Pacific, Barris Gill, the chairman of CSS International, has sppointed Michael de Kretser as its managing director and popular sports
      549 words
    • Article
      Lock icon Martina comes back to beat Fernandez
      382 13 TENNIS AP TOP SEED Martina Navratilova came back from a first-set deficit to defeat Gigi Fernandez 3-6. 6-1, 6-3 in her first match at the Player's Challenge tournament in Toronto on Tuesday night. Fernandez, ranked No 39 in the world, broke Navratilova, ranked second,
      AP  -  382 words
    • Article, Illustration
      Lock icon Pernfors upsets Mansdorf
      187 13 AP UNSEEDED Mikael Pernfors upset seventh-seeded Amos Mansdorf of Israel, and fellow Swede Anders Jarryd gave up only four points in nine service games while beating Slobodan Zivojinovic in first-round action at the Hamlet Challenge Cup tennis tournament in New York. Pernfors, a former college champion at
      AP  -  187 words
    • Article
      Lock icon Barcelona unlikely to stage equestrian events
      293 13 OLYMPICS AP JUAN ANTONIO SAMARANCH, president of the International Olympic Committee, indicated on Tuesday that there was little chance that Barcelona could stage equestrian events at the 1992 Summer Olympic Games. The equestrian events have been threatened by the spread of the African equine
      AP  -  293 words
  • Page 13 Advertisements
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      669 13 CRYPTIC PUZZLE ACROSS 1 Ribbon with thick string on (6) 7 Viewers' professional helper (8) 8 Colour one would rather not have? (4) 10 Steady there, Dobbin, you're hornet (6) 11 Not full publicity (6) 14 Go and be clever) (3) 16 As in "Count" (5) 17 The thing to
      669 words
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  • Page 14 Advertisements
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      266 14 if'. '(fls f (j\{i I .*> <; t I ■h$ r I 7-sIU tri wf 1 jpTfSSK* .A Z :K' ?.-vt f*4r b-fe'ru,; hm -*s?r~"unttii'iinn ©im 4,44 ril S£i bfti Ss2vi ;V •fVi r|- I^®? -1 ,v», J 1* IM-: 'I I 3SU b g»9 t&ssasa*: *c-n -.or- f^>. a
      266 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      1285 14 OUR CHOICE STRIPES, 10.50pm, SBC 5 Catch Bill Murray in another of his wacky movies. As John Winger, Murray loses his job, car, apartment and girlfriend all in one day. Left with only one feasible option, he decides to enlist into the army and persuades his good buddy to join
      1,285 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Boustead: synergistic benefits for JC-MPH
      713 15 mob mm™ HOCK LOCK SIEW UNITED KINGDOM-based Boustead pic may be "too far away" for Hongkong's IHD Holdings Ltd to have an interest in, but not for the Singapore-based Jack Chia-MPH group of companies. Last week, two companies in the JC-MPH stable jointly bought a
      HOCK LOCK SIEW  -  713 words
    • Article
      Yeo Hiap Seng M'sia profit up 21.6pc
      316 15 IMPROVED MARKET conditions helped boost the after-tax profit of Yeo Hiap Seng (Malaysia) Bhd by 21.6 per cent to M 54.25 million for the six months ended June 30. Turnover rose to M 5113.16 million from M 5100.05 million for the previous corresponding
      316 words
    • Article
      Samanda in technical tie-up with Japanese firm
      309 15 SAMANDA HOLDINGS Bhd has entered into technical assistance and sales agreements with a Japanese company. Through these agreements, Modern Plastic Industries Co Ltd (Modern) of Tokyo will provide technical services to Samanda's three associate companies, Loytape Industries Sdn Bhd, Central Industrial Corporation Sdn
      309 words
    • Article
      Emtex explains sale of Dayapi shares
      314 15 PLANTATION-BASED Emtex Corporation Bhd said it sold its 20 per cent stake in quarrying group Dayapi Industries (Malaysia) Bhd for capital gain. In a letter to the KLSE, Emtex said the sale will result in an extraordinary gain of Ms 3 million net. The
      314 words
    • Article
      COMPANY BRIEFS
      74 15 WEARNE Brother* Ltd does not expect sales of the Boldline M-series personal computers recently launched by subsidiary Wearnes Technology to have any material impact on its results for the current year. The group clarified that press reports of a $1-billion sale of the computers in the next 12
      74 words
    • Article, Illustration
      Analysts forecast record profits for Sime Darby
      501 15  -  By HERMAN PHUA MALAYSIAN CONGLOMERATE Sime Darby Bhd is expected to report record profits for its latest financial year ended June 30, 1989. The group's results, including those of its listed subsidiaries, are due to be released this weekend. Analysts are expecting Sime
      501 words
    • Article
      Lock icon PEDC defers sale of Cima shares to UEM
      225 15 Bernama THE PERLIS Economic Development Corporation (PEDC) has deferred a decision to accept the offer of United Engineers Malaysia (UEM) to buy PEDC shares in Cement Industries of Malaysia Bhd (Cima) pending receipt of a comprehensive professional report. Chief Minister Abdul Hamid
      Bernama  -  225 words
    • Article
      Alcom posts M$208,000 interim after-tax profit
      502 15 By ROSIE TAN ALUMINIUM COMPANY of Malaysia Bhd, which returned to profitability in 1988 after four years of losses, has reported an interim after-tax profit of M 5208,000 on a turnover of M 583.25 million. Earnings per share stood at a modest 0.3 sen
      502 words
    • Article
      Lock icon KL relaxes restrictions on purchase off shares by banks
      181 15 Reuter COMMERCIAL and merchant banks in Malaysia are now allowed to buy shares in two state-controlled firms, property trusts and in manufacturing companies, Bank Negara said. Previously, the banks had been allowed to invest only in safe areas such as government
      Reuter  -  181 words
    • SES
      • Article, Illustration
        STII edges up but market ends lower across the board
        1104 16  -  by JOSEPHINE CHAN SHARE PRICES yesterday closed lower across a broad front, while rises in some index stocks boosted the Straits Times Industrials Index to a firmer close. The index closed 5.88 points higher at 1,376.74, while share prices were
        1,104 words
      • Article
        Unit trusts
        310 16 Managers' prices Royal Trust Sec Asia for Aug 24 »T S pore Gr Fund 0 865 0 905 RT Asia-Pac Gr Fund 1095 1 145 Singapore Unit Trust The Commerce 1 19 1 26 OCBC-SIMBL Investment The Sovmgs fund 106 1 12 Savers Capital Fund 104 1 06
        310 words
      • Article
        COMPANY MEETINGS
        51 16 SEMBAWANG SHIPYARD LIMITED: EGM at the Lecture Theatre. #04-00, 456 Alexandra Road, NOL Building. Singapore 0511, on Aug 29, Tuesday, at 9.30 am. JOHAN HOLDINGS BERHAD: 64th AGM at Poinsettia 2, 2nd Floor. Petaling Jaya Hilton. Jalan Barat. Petaling Jaya, Selangor Darul Ehsan, on Aug 30, Wednesday, at
        51 words
      • Article
        SES SHARE INFORMATION
        6245 16 1989 High Low Tel Code Company Last Sale AUG 23 crVol ('000) Day High Low Last Quote Buyer Seller Gr's Dtv Dlv C'vr Gr's Y'ld Net P/E M Cap $mll 172 93 216 74 98 121 101 101 196 91% 104 175 1C0 104 SESDAQ 120 t
        6,245 words
    • KLSE
      • Article, Illustration
        Index up but market easier
        3533 17 EARLY BUYING on the Kuala Lumpur stock market was not sustained and share prices fell back under late selling to close slightly easier yesterday. However, selected blue chips weathered the selling to close firmer. At the close, the scoreboard showed losers leading gainers by 125
        3,533 words
    • REGIONAL MARKETS
      • Article
        Lock icon M&A may be key to Japan's restructuring
        536 18 Reuter JAPAN'S economy is in need of restructuring and a hefty dose of mergers and acquisitions (M&A) may just do the trick, securities experts say. But while economic forces, regulatory changes and foreign pressure are creating a more favourable climate for mergers and
        Reuter  -  536 words
      • Article
        Lock icon Samsung to invest US$23m in Thai plant
        186 18 AFP SOUTH KOREA s Samsung Business Group is to invest some US$23 million in a large-scale plant producing electronic components outside Bangkok, according to industrial sources on Tuesday. The sources said the plant, to be completed by June next year, would produce key
        AFP  -  186 words
      • Article
        Cathay Pacific's group net profit up 34pc in first half
        401 18  -  By FOO CHOY PENG CATHAY PACIFIC has reported a 34 per cent increase in group net profit to HKSI.36 billion on a 19 per cent rise in turnover to HK$B.26 billion for the six months ended June 30, 1989. Earnings
        401 words
      • Article
        Lock icon Sabah Gas signs deal with S Korean group
        156 18 Reuter MALAYSIA'S state-owned Sabah Gas Industries Sdn Bhd (SGI) has signed a deal to supply 500,000 tonnes of methanol to South Korea s Sunkyong Ltd over the next five years. Sunkyong will be the sole distributor in South Korea of SGl's methanol,
        Reuter  -  156 words
      • Article
        Lock icon Toyota, Mitsui in Turkish venture
        93 18 AFP JAPAN'S Toyota Motor Corp and Mitsui and Co are considering a US$2OO million venture with Turkish conglomerate Sabanci Holdings to produce cars in Turkey. Kyodo News Service said on Tuesday that a factory would be located at Izumit and initially produce 10,000 cars a
        AFP  -  93 words
      • Article, Illustration
        Lock icon Weaker in thin trade
        554 18 Tokyo Reuter SHARP DROPS in Japanese government bond prices and rumoured repercussions for stocks sparked afternoon selling yesterday, knocking prices down in thin trade. Bond market talk, termed unbelievable by a Bank of Japan source, said a few city banks had huge losses in yen-bond trading.
        Reuter  -  554 words
      • Article, Illustration
        Lock icon Sharply higher close
        497 18 Sydney Reuter CONTINUED DEMAND for quality stocks boosted Australian share prices with a late buying spree carrying the market to a sharply higher finish yesterday. Brokers said the bullish trend was expected to continue, especially if Wall Street remained positive overnight. The All Ordinaries Index closed 15
        Reuter  -  497 words
      • Article, Illustration
        Lock icon Lower in sluggish trade
        1276 18 Hongkong Reuter SHARE PRICES closed weaker in sluggish, cautious trade yesterday, inhibited by worries about the health of China's 85year old leader Deng Xiaoping. The Hang Seng Index eased 22.17 to 2,521.39 and the broader-based Hongkong index fell 14.58 to 1,663.06. Turnover continued low at HKS6O4
        Reuter  -  1,276 words
      • Article
        Lock icon Seoul: Rally in heavy trade
        254 18 Reuter SEOUL stocks surged in bullish trading yesterday on expectations the government will take steps to ease monetary policies and boost falling exports. m The composite index, which has risen for four consecutive sessions, closed at 931.83, up 13.31 points from Tuesday. Turnover was a
        Reuter  -  254 words
      • Article
        Lock icon Taipei: Share prices end lower
        521 18 Reuter THE Taiwan stock index finished sharply lower after a day of frantic trading yesterday that saw the market bouncing unsteadily all day. The weighted index lost 245.73, or 2.5 per cent, to end at 9,581.99 against Tuesday's 9.827.72 close. Falls led rises by 126
        Reuter  -  521 words
      • Article
        Lock icon New Zealand: Quietly higher
        222 18 Reuter PRICES of most leading shares managed just small gains in quiet trading yesterday, and some brokers said they expected the market to ease in the next few days following its breathless advance so far this month. The Barclays Index rose 4.76 points to 2,409.33. "The
        Reuter  -  222 words
      • Article
        Bangkok: Index up
        188 18 THE Stock Exchange of Thailand index yesterday closed at 667.91, up 4.38. Turnover amounted to 17,306,133 shares valued at 2,283.95 million baht. The Bookclub Index finished the day at 577.51, up 3.87. AUG 23 1 IAKT American Standard Ao Kham Thai Aywdhya Invaatmant Bangkok Aground Bangkok Bank
        188 words
      • Article
        Lock icon Manila: Stocks end higher
        84 18 Reuter PHILIPPINE share prices closed higher in Manila yesterday. A successful initial listing of Robinson's Land Corp, a real-estate developer, helped drive up prices in the commer-cial-industrial sector. "It's-a tremendous success," said Manuel Tordesillas, executive director of Citicorp International Ltd, the Hongkong arm of US-based Citicorp
        Reuter  -  84 words
      • Article
        Bombay: Prices mixed
        90 18 SHARE PRICES closed mixed yesterday after rumours of a payment default in Ahmedabad sparked nervous selling. A buyer on the Ahmedabad Exchange, India's fourth largest, defaulted on payments exceeding one billion rupees. A Bombay Stock Exchange spokesman could not confirm the rumour. Institutional buying had supported the
        90 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Small gains for blue chips
        787 19 New York Reuter FUTURES-RELATED buy and sell programs buffeted share pricee on Wall Street on Tuesday, but late buying helped blue chips finish with small gains. An unexpectedly strong upward revision in June durable goods data set off renewed early selling in the bond and
        Reuter  -  787 words
      • Article, Illustration
        Lock icon Equities finish mixed
        914 19 London Reuter SHARE PRICES remained mixed around the midpoint of the day's trading range in late business on Tuesday, despite renewed declines on the New York market after US data further reduced prospects of a near-term cut in interest rates. The London market's lack of selling pressure,
        Reuter  -  914 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1566 19 Reuter ZURICH: Swiss shares closed higher in lively trading yesterday. The allshare Swiss Market Index closed 9.5 points higher at 1,218.3, just below the new all-time high of 1,218.6 points reached earlier in the session. Dealers said after several days of consolidation domestic and foreign investors returned
        Reuter  -  1,566 words
      • Article
        Lock icon US investment banks turn to Europe for acquisitions
        612 19 Reuter US INVESTMENT BANKS, after labouring to build niches in Europe. are now seeing a surge in buyouts on the Continent as merger mania fades in the US, bankers say. Kohlberg, Kravis Roberts and Co (KKR), the premier leveraged buyout house, has
        Reuter  -  612 words
      • Article
        Lock icon Philips sells defence interests to Thomson-CSF
        226 19 FT PHILIPS, the Netherlands-based electrical and electronics group, is to sell a large part of its defence interests to Thomson-CSF of France and is expected to dispose the remainder in a strategic exit from the military market. Under plans announced on Tuesday the state-controlled
        FT  -  226 words
      • Article
        Lock icon Nixdorf not searching for partner despite US$156m interim loss
        380 19 FT NIXDORF, the West German computer group, has reported a DM297 million (US$l56 million) pre-tax loss for the first half of 1989. But, amid continued speculation that the company might be a takeover candidate, chairman Klaus Luft said the company was
        FT  -  380 words
      • Article
        Lock icon Wang Lab gets financial reprieve from banks
        358 19 FT WANG LABORATORIES, the US computer maker, has secured a breathing space for its troubled business with an agreement from its banks to maintain their loans to the company. The agreement, which was reached after a weekend of grinding negotiation, buys a little
        FT  -  358 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      130 15 CAN CONSULTANTS PTE LTD mhmk. i mmmr YOUR CONTACT IN ASIA CAN CONSULTANTS specializes in assisting Canadian firms to establish a hold in Asia. Providing both information as well as practical assistance, CAN CONSULTANTS' range of services include preliminary research, planning negotiations, project implementation, publicity and promotion on an on-going
      130 words
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      Page 15 Advertisements Column 2
      201 15 Gerald genta 11.., II tech usi jFFICE ICE AU 15-171 Raffles Ci The .\ere at 1 treated to what it v ffice environment. Tc e most advanced aui 1 of the environmem 1 increase productivit fits to the businessm staff and a better si ryone. show you how to re;
      201 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      320 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 WATCHES OF GENEVA ft JEWELLERS (S) PTE. LTD. (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of WATCHES OF GENEWA JEWELLERS (S) PTE. LTD. duly convened and held at 583 Orchard Road 81-12 Forum Gallerla, Singapore 0923
      320 words
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      Page 18 Advertisements Column 2
      397 18 IN THE HIGH COURT Of THE REPUBLIC OF SINGAPORE Originating Petition No. S4 of I*9 In the Matter ol the Companies Act. Cap 50 And In the Matter of STAL-ASTRA REFRIGERATION SOUTH EAST ASIA PTE LTD ADVERTISEMENT OF PETITION NOTICE IS HEREBY GIVEN that a Petition was on the 27th
      397 words
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      Page 18 Advertisements Column 3
      309 18 THE COMPANIES ACT, CAP. 50 STANDARD ENTERPRISES CO. PTE. LTD. (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of STANDARD ENTERPRISES COr PTE. LTD. duly convened and held at 101, Upper Cross Street #04-43, People's Park Centre, Singapore. 0105 on the 21st August 1969, the following Special
      309 words
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      Page 19 Advertisements Column 1
      11 19 ■a Look out for the day's scoop in The Straits Times
      11 words
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      Page 19 Advertisements Column 2
      183 19 Safes Secure in the knowledge it's a Chubb D^ 1 Behind the world famous name of J? Chubb is a depth of knowledge that goes back 170 years. Knowledge and experience that has established their position as masters of their trade. J| j I A reputation yd such as this
      183 words
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  • Article
    Lock icon S'pore govt blasts Times of London over letter on JBJ
    227 20 AFP THE Singapore government blasted The Times of London with a half-page ad in a competitor paper yesterday that charged the daily with altering an official letter about an opposition politician. The bold-face notice in The Guardian said the Singapore
    AFP  -  227 words
  • Article
    Fresh ideas emerge at milestone meeting
    325 20  -  'VERY FRANK AND LIVELY DISCUSSIONS' SINGAPORE /7l\\ NMW# NATIONAL MARKETING WORKSHOP By GENEVIEVE CUA PARTICIPANTS of Singapore's first National Marketing Workshop emerged from their daylong brainstorming session yesterday with praises for the "very frank and lively discussions". Concrete proposals apparently emerged among the various
    325 words
  • Article
    The purpose of being in business
    220 20  -  By WALTON MORAIS MARKETING GURU Theodore Levitt last night invited a shirt and tie audience into the living room of his marketing imagination and told them that the purpose of being in business is not to make money but to get and keep customers.
    220 words
  • Article
    Lock icon Phnom Penh makes significant concession
    492 20 Reuter, AFP AFTER REJECTING a FrancoIndonesian peace plan for Cambodia, the Phnom Penh government has made a significant concession to resistance demands with its own counterproposals. At an international conference in Paris on Tuesday night, the Phnom Penh delegation proposed that free elections be held
    Reuter,; AFP  -  492 words
  • Article
    Lock icon Taiwanese textile giant merges with Manila firm
    226 20 AFP FAR EASTERN Textile Ltd, the Taiwanese textile giant, has linked up with Filsyn Corp of the Philippines in a multi-million-dollar merger. Far Eastern said yesterday it would double the Philippine company's output in two years. The Taiwanese company will initially inject US$l5O
    AFP  -  226 words
  • Article
    Lock icon S'pore offer won't replace Manila bases, say US officials
    448 20 Reuter US DEFENCE officials said on Tuesday no decision had been made on whether to accept Singapore's offer to provide military bases and stressed that such a step could not replace major US bases in the Philippines. "People are thinking we
    Reuter  -  448 words
  • Article
    Lock icon Banks accept Thai terms
    73 20 Reuter THAILAND'S Finance Minister Pramual Sabhavasu said four foreign banks have fully accepted Thailand's terms in exchange for Thai branch licences. The minister told reporters he asked Bank of Nova Scotia. Mitsubishi Bank Ltd. Barclays pic and Societe Generate to submit their initial three-year operation plans
    Reuter  -  73 words
  • Article
    Lock icon China launches new purge of Communist Party
    300 20 AFP, Reuter CHINA has launched a new purge of the Communist Party to weed out anyone linked to the studentled pro-democracy movement an indication of the gravity of the split in party ranks. Chinese sources said yesterday that a four-day party meeting which
    AFP,; Reuter  -  300 words
  • Article
    Lock icon Opposition drafts bill to end Japan's sales tax
    220 20 AFP FOUR Japanese opposition parties hoping to form a government, yesterday announced draft legislation to abolish an unpopular new consumption tax but offered no alternatives to offset the fall in revenue. The bills seeking to abolish the 3 per cent tax on
    AFP  -  220 words
  • Article
    Soviet Union warns against 'militarisation'
    501 20  -  By AL O LABITA Jr THE SOVIET UNION yesterday warned Asean against its "continuing process of militarisation" and declared it is willing to put an end to such "dangerous development". The warning was issued by Soviet parliamentarian FikryatA Tabeyev, chief of a five-man delegation to
    501 words
  • Article
    Lock icon 'Intra-Asean conflicts starting to emerge'
    179 20 Bernama A SENIOR military official in Jakarta said intra-Asean conflicts are emerging because member countries are more abeorbed in their commitment to safeguard national interests to the extent of ignoring regional commitments. Indonesia's defence institute governor, Major-General Soebijakto, said on Tuesday that Asean countries currently
    Bernama  -  179 words
  • Article
    Lock icon Comex gold and silver
    85 20 Reuter COMEX GOLD futures were barely traded early yesterday, with only the October and December contracts moving. Most-active December hovered above unchanged at U*****.70 an ounce, up US$O.2O, having traded in a US$O.6O range in the first 45 minutes of dealings. Comex silver futures slipped lower
    Reuter  -  85 words
  • LATE FILE
    • Article
      Lock icon Seoul agrees to cut tariffs
      56 20 AFP SOUTH Korea has agreed to gradually reduce the tariff on Indonesian wood products. Indonesian Forestry Minister Haajrul Harahap said yesterday. Seoul has agreed to cut the tariff from the current 20 per cent to 8 per cent (freight on board) within five years, Mr
      AFP  -  56 words
    • Article
      Lock icon US pressures Seoul on won
      59 20 AFP AMERICAN Treasury Secretary Nicholas Brady has asked South Korean Finance Minister Lee Kyu-Sung for talks on revaluing the Korean won and on opening South Korea's financial market, Seoul press reports said. South Korean officials interpreted the request, made in a letter, as US pressure
      AFP  -  59 words
    • Article
      Lock icon Kim Doe-Jung refutes charges
      35 20 Oana-Yonhap OPPOSITION leader Kim Dae-Jung said yesterday he had disproved all the charges against him in connection with a visit to North Korea by Suh Kyong-Won, a lawmaker from his party.
      Oana-Yonhap  -  35 words
    • Article
      Lock icon Iran supports Jakarta's bid
      29 20 Bernama IRAN fully supports Indonesia's bid for the presidency of the Non-Aligned Movement in 1993, Iranian Deputy Foreign Minister Ali Mohamad Besharati said yesterday. Bernama
      Bernama  -  29 words
    • Article
      Lock icon Thai army buys 25 Bell choppers
      67 20 Reuter THE Thai Cabinet has approved a Defence Ministry proposal to buy 25 Bel 1-212 helicopters from Bell Helicopter Textron Inc of the United States for about US$llB.2 million, government sources said. The officials said payment for the helicopters, which will replace the existing
      Reuter  -  67 words
    • Article
      Lock icon Air France hijack ends safely
      66 20 AFP THE hijack of an Air Franca Airbus which landed in Algiers yesterday ended with no reported victims after the lone hijacker was overpowered. Air France announced. The hijacker was overpowered around 1430 GMT, about an hour after the Airbus A-300 had landed at Houari
      AFP  -  66 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      199 20 The office is your business IT'S MORE than just a place to work. Your office is home to your business, your livelihood. It is where critical decisions are made, where information vital to those decisions must be readily available. It pays to plan your office. And it pays to advertise
      199 words
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      Page 20 Advertisements Column 2
      181 20 SPOTLIGHT ON SCIENTIFIC TESTMG AND MEASURING Two events bringing you the latest scientific developments in testing and measuring the vital factors in ensuring quality production. China Symposium and Exhibition of Measuring Instruments '89. The National Institute of Metrology (NIM) of China will present a showcase of the latest advances made
      181 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Compulsory registration in India
        102 21  -  by Shirish Nadkarni INDIAN SHIPOWNERS will now have to register their vessels with the Indian Register of Shipping (IRS). Previously, registration with the classification society was optional, and most Indian shipowners opted for foreign classification. Some chose dual registration. Shipping sources said the compulsion to register
        102 words
      • Article
        Lock icon Motor vessel refloated
        40 21 Reuter THE 14.67&-DWT motor vessel Vishva Amitabh, which was grounded near Karanja Island, 6.5 km south of Bombay on July 28, was refloated on Aug 18 and anchored in Bombay inner anchorage, Lloyd's Shipping Intelligence Service said.
        Reuter  -  40 words
      • Article
        Lock icon Stolt unveils US$10m expansion plan
        95 21 Reuter A US$lO MILLION expansion of Stolt Tankers and Terminals' Houston complex will follow a similar one just completed. Officials said the most recent expansion added 36 storage tanks to the facility, bringing the total to 63. The tanks ranged in size from 3,400 to
        Reuter  -  95 words
      • Article
        Group adopts fuel adjustment factor
        70 21 THE WEST COAST/MIDDLE EAST and the West Asia Rate Agreement (WAME) has adopted a fuel adjustment factor (FAF) covering all origins and destinations served by the agreement, effective from Sep 1. The surcharge, which is intended to recover extraordinary costs due to rising fuel prices,
        70 words
      • Article
        Vietnamese line starts new service
        71 21 A NEW MONTHLY SERVICE has been launched between Ho Chin Minh City and Manila by Saigon Shipping Co. The company will be using the Ben Thanh, a 2,535-dwt general cargo ship, for the service. According to Saigon Shipping's Philippine agent, the Vietnamese line will be
        71 words
    • Article
      Lock icon Australia suspends live sheep exports to Saudi Arabia
      178 21 Reuter AUSTRALIA'S Meat and Livestock Corporation has suspended all live sheep exports to Saudi Arabia over what the statutory body called unwarranted rejection of 300,000 sheep the Saudis said were diseased. Australian Primary Industries and Energy Minister John Kerin said in Canberra
      Reuter  -  178 words
    • Article
      Index to advertisers
      855 21 ABC Contoinerline XI 5 Accord Shpg VIII 3/4 Arrow lines XI s ANi HI 1/2 A PC tin* VII 5 API V 3-5 ASCI V 1 Australia tin* VII 1 Balt-Canoda line IX 4/5 Bait-Orient line IX 4/5 Baltic Orient Shpg XI 4 Bangladesh Shpg VII 2
      855 words
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      Lock icon Nymex gets green light for residual oil futures contract
      303 21 Reuter THE COMMODITY Futures Trading Commission has approved an application by the New York Mercantile Exchange to trade in a residual oil futures contract which is expected to begin by the end of the year. The commission voted in favour of
      Reuter  -  303 words
    • Article
      Manager sees S'pore as alternative to HK
      411 21  -  COLONY'S SHIPMANAGEMENT SECTOR FACING LABOUR SHORTAGE By RAHITA ELIAS SINGAPORE APPEARS to be the best alternative site for Hongkong shipping companies, says a senior shipmanager from the British colony. The Republic had "almost everything for the shipmanager", said Mr A Atre, managing director
      411 words
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      Lock icon Sea Containers seeking help from EC
      319 21 Agencies SEA CONTAINERS has asked the European Community's executive body to block a hostile US$63-a-share takeover bid by Temple Holdings, contending that the offer would violate the community's competition laws. Sea Containers, a Bermudabased cargo, ferry and port operations company, has rejected the Temple
      Agencies  -  319 words
    • Article
      Singapore considered 'ideal gateway' for EC's 1992 single market
      361 21  -  By JEAN FOONG SINGAPORE will be an "ideal gateway'' in the Far East providing free access to goods from the European Community's 1992 single market. Mr George Ho, managing director of Expeditors International, expects that "together with the capability to supply
      361 words
    • Article
      Lock icon Proposal for general cargo dock in New Orleans area runs into opposition
      209 21 Reuter THE NEW ORLEANS Steamship Association and the International Longshoremen Association are opposing the development of a former Kaiser Aluminum plant into a general cargo dock. The St Bernard Port. Harbour and Terminal District is pushing the development
      Reuter  -  209 words
    • Article, Illustration
      Lock icon HK managers caught in crisis of confidence
      1227 22 Shipping community reviewing options following political turmoil in China Lloyd's Shipmanager and Shipping News International 'EVENTS IN CHINA in the past two months have shaken confi- dence throughout Hongkong. i Property prices have < [slumped, expansion plans in >both mainland China and the
      Lloyd's Shipmanager and Shipping News International  -  1,227 words
    • Article
      APC trains to serve Mexican plant
      227 22 Z AMERICAN PRESIDENT Companies (APC) is to transport parts and offer logistics management services to Ford Motor Co's car plant in Hermosillo, Mexico. Under the five-year arrangement, which begins next year, APC will run its double-stack container trains (stacktrains) from Detroit to Hermosillo. The
      227 words
    • Article
      Shipping events
      474 22 Sep 4-8 Rendezvous de Septembre, 33rd annual international reinsurance meeting, Monte Carlo, Monaco. Sep 5-8 Offshore Europe, Aberdeen Exhibition and Conference Centre, Aberdeen, Scotland. Sep 6-8 P I, Lloyd's of London Press shipping seminar, The Ramada Hotel, 10 Berners St, London Wl. Sep 7-8 Sibcon '89, World Trade
      474 words
    • Article
      Lock icon Papua New Guinea holds fishing talks with Soviet Union
      243 22 AFP FISHING TALKS have begun is Port Moresby between the Soviet Union and Papua New Guinea. The talks, coinciding with negotiations underway with another delegation from Moscow on th| establishment of a Soviet diplo matic mission in Port were expected to
      AFP  -  243 words
    • Article
      Container schedules/Ships in port
      1548 22 Ship Al Muqob Al Shoiujh An FrwnonH* An Joyokorta Anro Tanwnak Anion Armtodt B Malat. Bonglor Sho*) Bonn Expraa Cronadi 1 ItMn I GM EVM fong Tun Hi Wtaon j§n)iol Koitdas KM Prorokov ICoto Matati Kola Maira Krn lamono Kuo Chang la Soma Umpung Mild Victory
      1,548 words
    • Article
      Lock icon Van Ommeren expects profits to drop
      240 23 Reuter DUTCH TRADING, transport and storage flroup Van Ommeren Ceteco NV expects net profits this year to fall below the levels seen last year when the company posted a 54.6-million-guilder net profit. "We expect profits in the second half to be in line with
      Reuter  -  240 words
    • Article
      London Freights
      798 23 DRY CARGO vessel chartering remained faily thin on Tuesday with only a handful of new bookings emerging for single voyage business, brokers said. There were rumours that a firm U5524.50 had been- fixed for grain on the US Gulf/Japan run, which was given some substance with its Baltic
      798 words
    • Article
      SHIPPING LIST where your ships are due.
      4785 30 AARHUS U Bonung o|Magalrl. Aug 22/25 City at Edinburgh. Trtot. Aug 24 Evar Otoalul Eimnw. Aug 2*. UM'U Tokyo. Mmtm Llna. Aug 24 Noraato Sun. NorMla Una. Aug 29 Ming Ocoan Yang Ming Aug 2*. Saiandto. ScanOulcht. Aug 2B Sha Ha. China Ocaan
      4,785 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      28 21 limya! A lively way with mm wonb Am*abb tan good bookthop• For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      28 words
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      Page 21 Advertisements Column 2
      19 21 Lines and services represented by Members of the Registry of Accredited ?if(7)l Shipping Agents. Singapore National Shipping Association NqJIBP
      19 words
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      Page 21 Advertisements Column 3
      413 21 HK manager* caught in crisis of confldancs, PAGE II SHIPPING AND DISTRIBUTION IN THE 1990'S SingaPort'9o 7 to 10 February 1990 World Trade Centre Singapore International Conference and Exhibition for the Maritime Industry Theme for '90 Skipping and Distribvtion in the 1990'S Globalisation has become the key strategy for businesses
      413 words
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      Page 21 Advertisements Column 4
      144 21 INTERBANK SUPPLY CI (PTE) LTI T*4:*****33 llftM) The IMCCO R*****6 Fax *****77 Caught in crisis of confidence STATEMENTS from Beijing, following the brutal crackdown in the mainland, that re-stated China's commitment to the Sino-British agreement and urged the UK not to delay the timetable for the accord have not stopped
      144 words
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  • Page 23 Advertisements
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      1226 23 OOCL Dedicated h.) Qualify St'r'vit t' JARDINE SHIPPING AGENCIES 200 Cantonment Row) #12-05 Sooth point. Support 0201 Ttl *****11 TELEX NO RS ***** TERMINAL/CFS TH *****18 220 BOOKINGS T«t *****34 235 PESAKA JARDINE SNIPPING AGENCIES SON BHD. PORT KELAN6 TEL *****18 Telei No. MA*****/HA***** PENANG TEL *****4 TELEX NO MA*****
      1,226 words
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      Page 23 Advertisements Column 2
      1194 23 MAERSK LINE DESTINATIONS METTE M. LAM M. REOMA M LAURA M LEXA M. 2M 30/8 H 6* 12* l» 19* 20* 2M 27/9 3/10 4/10 10/10 11/10 17/10 ivio W PT 25* 31* 3/9 7/9 9/9 14/9 16/9 21/9 23/9 2*9 30/9 VlO 7/10 12/10 13/10 16/9 16/9 20/9 21/9
      1,194 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      801 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT p KELANQ I SOUTHAMPTON HAMBURG BWEMERHAVEH ROTTERDAM/ ANTWERP CITY OF EDINBURGH LONDON EXPRESS KASUGA 1 BONN EXPRESS CAROKJAN BAY BENALDER KURAMA MARU BENAVON TOKIO EXPRESS ALSO ACCEPTING CARGO TO: AIL UK INLAND AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO, CONTAINER SERVICE FROM UK/CONTINENT VOY NO. I
      801 words
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      Page 24 Advertisements Column 2
      396 24 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUDI EXPRESS SEMI CONTAINER SERVICE TO 1L w i«n ND TO P (ASIA-SOUTH PACIFIC JOINT SERVICE) MO4AYBANK VUS COLUMBUS NItIGINI V* Accepting LCL cargo for main ports discharge and also to Kavieng, Kieta, Honiara via Transhipment Port Kelang's Agent: H C Tbl:
      396 words
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      Page 24 Advertisements Column 3
      585 24 NOR ASM SUN 1822-3 WO*ASIA PEARL VHZ3 3 NOR ASIA PRINCESS 824-3 NORTH SEA 92SN REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEDER) PEN PKL SIN FIX HAM BRE ROT ANT I 23/1 24/1 25/1 19/9 21/9 22/9 23/1 24/9 1 T, "S S Ti. iS i!S 13/9 14/9 15fl 1000
      585 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      863 25 i T i »rrn l Steamers Maritime Holdings Ltd STRAITS SHIPPING P&O Containers I CONTAINER SERVICE TO uTcONIiNEN^THI rrrN rm momi Um irka« n««rtai un m iw w w> u/i vn an an nn an an w w on an an an an an ■n an an an an am
      863 words
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      Page 25 Advertisements Column 2
      928 25 CHO YANG LINE EHEiiran-iuiiE CCEPTING REEFER WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE I M I I I lIM "H I'l l I FMG Q FLOTA MERCANTE GR ANCOLOMBIAN A S A (NATIONAL LINE OF COLUMBIA! CHOYANG f ARK MX HANJIN OAKLAND 003 C CHOYANG SUCCESS ONE HANJIN
      928 words
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      Page 25 Advertisements Column 3
      357 25 Hai Sutt Hup Co (Ptr) Ltd fc- KAS I I l:\ STRAITS/ JAPAR/ STIAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS Hong Kong Yokohama m Nafoya Funabashi •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN I CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MQHTHLY SAILINGS
      357 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      515 26 HXSINOSEj MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Sept lAN OAR ANAS KYOWA LINE MTHOOUCMQ KYOWA PAST OMCT B/BULK/CONT4 service from s*pore/pk to quam/sa»an ano LOAD FOR 6U AM, SAIPAN SEPT a SEPT 31 lAfiL£' VI ETA STORE H2ELS •MICRONESIA PORTS DIRECT CALLS ON INDUCEBENT BASIS AN IVOR
      515 words
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      Page 26 Advertisements Column 2
      589 26 GO HAN JIN SHIPPING FULL CONTAINER SERVICE TO EUROPE VIA SUEZ mrt TO USA PACIFIC SOUTH WEST i* m i;/i w» m nit ms w W» 2M a« mo y* too >w w w wo TO FAR EAST PORTS IR TO PACIFIC NORT.I WEST CANADA CMOYANO PAJIK CMOYAN6 SUCCCB I
      589 words
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      Page 26 Advertisements Column 3
      133 26 INTEROCEAN LINE 78, 2nd Floor, Jaian 2/71, Toman Tun Dr. IwnaN, ***** KL. Tal: 71«07J4, *****04, *****20 TLX. NO. MA-37M3 FAX: 03-*****11 Ponang 0* Tat *****7. *****2 accepting cargoes for the following ports loading fop SYO MELB Ao€ BRIS FREM LE HVE. HBG BREMEN R DAM GENOA. ANTWERP UK PORTS
      133 words
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      Page 26 Advertisements Column 4
      573 26 m evergreen Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) evh gifted EVU fIKIT EDO QOLDEN Mil GLOK EVU BANT ALSO ACCEPTING I I) WQWBU. I m w nm km ku pus as ss s ss as ss uw mm vm ivS a£ vm vm um w iw m OR no M 3! SS
      573 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      693 27 SHIPPING TIMES, Thursday, August Z4, mro Tffcv PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES rr VOY SIN n EI it QLOAY QLORY QLORY QINQDAO SM NKQ CONVENTIONAL/SEMI-CONTAINER SERVICES VESSEL VOY KOTA SEJATI E-91S KOTA PUSAKA 1411 KOTA WANQt E-911 KOTA WARUNA E-417
      693 words
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      Page 27 Advertisements Column 2
      422 27 \a SEN UNE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT HAM t'MAVM ft'DAM NAVM 1 VMM flftiwi IMM U Swm MM IIW MM hi ftWI NK& MO nm, mm. n r TASMAN ASIA SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE (TS) HKG NOUMEA SUVA AKL NAP TW
      422 words
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      Page 27 Advertisements Column 3
      361 27 I m m* wuvor 1 PANJAHG/ZIM 9MMJAVA/Z7W S'fOM AMTMRf o CONTAMCMtD CAMO) (AoSSmMcSncimoiiAL AM CONTAMOHKD CAMO) Al— A,| "on mh. Ron AMiinoni, vivnoi. i nttaa also Accthmc botm contmWk cotoomoNAL camo via t/s TO UK TOUTS, NULL. Lf NAVM. OSLO, COfOMAfiU, AAANUS, 2«W t \7W T 5 i Va.«i r-i
      361 words
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      Page 27 Advertisements Column 4
      375 27 BOUSTEAD SHIPPING AGENCIES MYANMA Htii FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'por* P.Kelang Penang Bangkok MAYWA VUM TifK Auf 24/27 At« ■AN VI44W k-AN VMM 44 Sa* THE BANK UNE EMI-CONTAINER SERVICE u .'I. I »l f»li SPORE ROAM HMBG MULL AMAITAI SAHOA VIM H 17/10 O/M
      375 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      623 28 Kline KAWASAKI KISI N KAISIIA. I ll) 3 (ft' MM EXPORT W r IMPORT Si CHICAGO NYC MOTHER VESSEL MANHATTAN BRIDGE HENRY H BRIDGE MACKINAC BRIDGE BROOKLYN BRIDGE VOY LB 25 17/9 27 24/9 29 1/1 23 1/1 *PK,'PNG 22/S VOY *INOO 20 21/1 II 2M 22 11A FEEDER VESSEL
      623 words
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      Page 28 Advertisements Column 2
      473 28 IMEfI MM I'AIH 10. HACAUND V.44 U.S.A. SERVICE Owiplni FCL Contain wb and CaiwawMonal Cargo rI up >11' i P.Mmi Paaa* laa*a| tar A VESSEL a SaW La» Hapln/QrtlaX/ SnimilOtoMtoMbit ITALY/MEDITERRANEAN SERVICE Tlmbif/Bfiikbuii Also FCL CoviMntri ftr*. MMIIIbsm, |m^n VMfcr Ate* Trtoato. P. SaW, Uliiwttl (lak)irt to Mkmhl) NW« P
      473 words
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      Page 28 Advertisements Column 3
      261 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 71 T*taA A*#f SINCAPOttF 0104 Til U4MN (10 LINCS) f». U4SM ITS/PERSIAN GULF SERVICE: S*pm N HAVEN MmMKotcMM* hi Nrt N MAD Coton**Kjr*cWOul>a l|lh| CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA a* Fl» k'wtrf 5 ss MP up a/» ivm
      261 words
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      Page 28 Advertisements Column 4
      557 28 yo vvi PHILI-ORIENT LINES PTE LTD MfAOOfUCt '08 HOBIKSCN BOA: GMG feUUDISC. 'Ob T f.F* Bf ij':: PH'L 22SV- EAST/FAI EAST Ftt ft I* DESTINATION COtOMSO KARACHI MADRAS, CALCUTTA east/wkst maun. m Fa ft La »v« r*: —TTTmrrrrrrrr-wr-n BORA, TAMATAVE, P REUNION, TAMA, P. LATTAKU, RENChAII ALOU. TRIPOLI ALEXANDRIA. PORTttIO,
      557 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1099 29 NEPTUNE AGENCIS PTE. LTD. General Bookiws Bookings ImMrd/ Tanwnal CfS Emories Ft EUMUST r ?A SEA Outward *****22 *****53 27t»/7 *****53 27*5742 27J7W4 1 1 w NEPIVC SON BHD Ss£T 23KM1 (CR NO. **********0E) NEPTUNE ORIENT LINES LTD EXPORT TO-EUHOPE UK (VIA SUEZ) RDM HAM 13/09 15/09 30/06 22/09 27/08
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      Page 29 Advertisements Column 2
      895 29 r m smsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P. KELANG MESSRS MAI THONG SNIPPING 127 Penanc Straat. Pananj, MaJayua W HANOCINC SYSTEM
      895 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      334 30 V SINGAPORE SHIPPING^ CORPORATION (PTE.) LTD. rtl 225 6868 (34 Imtsl FAX *****39/*****76 TUEX RS ***** A/B SSCMA. RS ***** A/B SSCAO DSR-LINES l EB DEUTFRACHT SEEREEDEREI ROSTOCK .<1 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE OUTBOUND T. VCNOA TH fcuamiClSlMimCll N. CEGIELSKI
      334 words
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      Page 30 Advertisements Column 2
      280 30 Th« complete Shipping List will Im publiihtd tomorrow. FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANGI SEMARANG/PANJANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA 25/S/C ETD 3CVS/89 Daily ratawmc orjo at PPW/iurong Port/Marina/Swntwmni YBffc Perita Shpo Trda P L t- n *****25 t,i: Fa> *****16 AMU JAVA 290
      280 words
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      Page 30 Advertisements Column 3
      343 30 UTp'REGIONiL COMtINEF LINES PORTS BANGKOK sailings a week Hock fearer Co Ltd BKK (T«t W SONGKHLA -1 sailing a week Haam Hocfc Agency Co Ltd Skla (Tel: *****4) EEX wmTi P.KELANG 3 sailings a week DASWANI Sdn BM Pkl (Id: *****59) PENANG- 2 SAILINGS A WEEK K *>1 /J IkililiATU:-!!—■
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      163 30 r N Regional Weather I %w, ■■V-\ /if 2 VI r r« i S! 5M s .> viilw SIGNIFICANT WEATHER AND SEA COMDmONft AT 7JO AJML AUG 24. II b^' Wrxj <ftr*ction «m(i ipHd n knot* R Thund*r*torm T*nnp*coh». c A Puiiihi W«ath«r Wind fraction with vp*«d in knot* Rain
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      522 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 D IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S'PORE LOADING FOR 25/8 Iraq/Japan TROUGH Mil to BAQHOAO UPON REQUEST ALSO AOXPT& MNTAINERS UPTO AQABA ft BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINOa)roMVUTIONAL CCO
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      Page 31 Advertisements Column 2
      333 31 SfIICHFIELD MARINE AGENCIES |S| PTE LTD TEL *****33 (10 Lines) I FAX *****15 j TELEX RS ***** HISHIP |3 I ines) ACCEPTING FCL AND CONVENTIONAL TCN/FKQ ETA LOAOMQ FOfl NCTSAMCT 2M OAHeaSALAAM. MOMBASA. OMOUTI WVWW ABSAB. MASSAWA. MOOCOAH MV ANOMCT »10 OARESSALAAM MOMBASA. OJWOUTt VOY 17WB ASSAS. MASSAWA. HOKDAH Other
      333 words
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      Page 31 Advertisements Column 3
      557 31 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK BUSAN BOMBAY COLOMBO HONGKONG MUARA/LABUAN/KK KUCHING/SIBU TOKYO/YOKO/KOBE LE HAVRE/HAMBURG FELIXSTOWE/R'DAM KEELUNG/KAOSHIUNG FREMANTLE SYDNEY/MELBOURNE DURBAN 26/8 28/8 26/8 26/8 29/8 (CmiAN NATIONAL LIMB) GREAT ANDES SERVICE FEEDEUVSL SP KEE MOTHER VESSEL KEE VAI N EHERALO 1(N 27* ATACANA
      557 words
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      Page 31 Advertisements Column 4
      217 31 BALTIC ORIENT SHIPPING PTE LTD. I u ftliUL M a, n 11 i fa* rrrr. i» Hamburg West Germany Tiger Line VOT SIM «AA CAI TIGER BAY W 8)1 TJT CAUMI 7SCMB 2M V» SUSAK 7W 1/1 TICE* MY 7*l Ifl IV» CALAMI 7CCNB 13/1 OH SUSAK Km lift Tin
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      Page 31 Advertisements Column 5
      103 31 \-r-1: REGULAR EXPRESS FCL LCL SERVICE ETA SINGAPORE PORT KELANG (FCL ONLY) KEELUNG, KAOHSIUNG JAKARTA (FCL ONLY) TOKYO. KOK, BUSAN (FCL ONLY) KARACHI, BOMAY, COLORBO (FCL ONLY) an n*. \m, w. w* ILAALI FARGO SHIPPING CO (P) LTD 19, Kappd Raod, #06-07/08 Jit Poh Boitdint S pore 0208 Tat: *****22,
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      912 32 k I k k. TO PSW HYUNOAI INNOVATOR HYUNDAI EXPLORER HYUNDAI COMMANDER HYUNDAI PIONEER MERCHANT MARINE CO., LTD EABTBOUND TO UBA »N HKG UN OAK SEA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE HYUNDAI CNAIIfNGfR TO PNW SCVENSEAS MlOtf TONES MlOtf BAY MlOtf OOUXN GATE MlOtf IK M UN IP a* HP
      912 words
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      Page 32 Advertisements Column 2
      485 32 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST KAOHSIUNC KEELUNG SRI LANKA/ INDIA BEE All PORTS 24/8/81 REGULAR CONVENTIONAL SERVICE TO SWISS SHIPPING PTE LTD aa Talok BUaffah Road ill 9-91. Talok Blunk Houm SIMUOn MM. T«1 7mm U«M) TU *****
      485 words
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