The Business Times, 25 August 1989

Microfilm: NL16694
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 46/12/88 FRIDAY. AUGUST 25. 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    241 1 Dow up WALL STREET stocks retained modest gains in mid-morning trading yesterday, despite Treasury bonds losing most of their early rise. The Dow Industrials were four points higher at 2682, while advances led declines by a seven to four margin. Reuter Footsie up LONDON share prices were
    241 words
  • Article, Illustration
    Singapore shares hit by late profit-taking
    285 1 SHARE PRICES in Singapore fell across the broad on late selling and widespread profit-taking, with the Straits Times Industrials Index plunging 19.48 points to 1,357.26. Brokers said blue chips and quality stocks were major losers, while Malaysian speculatives and lower-liners continued to dominate trading.
    285 words
  • Article, Illustration
    Guthrie Overseas declares 7.5pc stake in L&M
    370 1  -  By ROSIE TAN A NEW substantial shareholder of specialist contractor L&M Group Investments Ltd has emerged following two weeks of exceptionally high turnover of the company's shares on the stock exchange. L&M disclosed yesterday that Quthrie Overseas Investments Pte Ltd (GOI) had purchased
    370 words
  • Article
    S'pore-based banks lend more after Thai tax move
    525 1  -  BANGKOK EXTENDS TAX HOLIDAY By HONG LEE TIAM SINGAPORE-BASED banks are doing brisk lending business in Thailand following the suspension of the withholding tax on interest paid by Thai borrowers on foreign loans. The withholding tax was first suspended by the Thai
    525 words
  • Article
    Top execs: Hay forecasts 8pc pay rise
    485 1  -  By ANNA TEO TOP EXECUTIVES In Singapore can expect an 8 per cent pay rise over the 12 months from July the same rate of increase they reported in the previous 12 months. Details of the projected increase in the total pay packet
    485 words
  • Article
    Lock icon HK inflation rate
    59 1 AFP HONGKONG'S year-on-year inflation rate remained in double digits in July, with prices 10.3 per cent more than in the same month last year, official statistics showed yesterday. The increase, due largely to higher restaurant and transportation charges, was recorded in the government's Consumer Price Index 'A',
    AFP  -  59 words
  • Article
    Matsushita subsidiary to invest in US plant
    384 1 IN WHAT is further evidence of Singapore's economic coming of age, the local subsidiary of the Matsushita group will invest in a new company that the Japanese electronics giant is setting up in the United States. Matsushita Refrigeration Industries will take a 5
    384 words
  • Article
    Lock icon Twelve senators endorse call to close US bases
    359 1 AP TWELVE FILIPINO Senators endorsed a resolution yesterday calling tor closing US military bases in the country in 1991, co-spon-sors said. The number would be enough to block ratification of any agreement extending the facilities. The US maintains Clark Air Base, the
    AP  -  359 words
  • Executive Lifestyle
    • Article, Illustration
      Gone with the wind
      120 1 HOW MANY WEEKENDS have you said you'd Ilka to try sailing, but aomehow never moved from the comfort of your water-bed? Thie week, one deckhand triee to entice the listless landlubber to take that now very aoceesibls first step off dry Ishd. "The sailing fraternity Is
      120 words
    • Article
      Personal Investment
      20 1 HOW SIGNIFICANT is the Hongkong factor in the Singapore residential property market? The benefit of low coupon bonda
      20 words
    • Article
      Executive Jobs
      53 1 MICROCHIPS and aluminium products are as dWerent aa chalk is from cheeee. But that did not prevent the regional director of an MNC from proving hia mettle in the Big Move. Guess who. A home-grown recruitment agency spreads its wings to bring in skilled personnel. A professional institution
      53 words
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      Page 1 Advertisements Column 1
      140 1 Kjyn>» ART TO WEAR. For the best in Sichuan and Seafood Dishes >• "V Steamed Red Fish with Soya Bean Crumbs MIC* Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour some of the marvellous delights from our menu comprising of over 188
      140 words
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      Page 1 Advertisements Column 2
      252 1 Full report, PAGE 16 Regional mkte, PAGE 18 World mfcts, PAGE 19 Editorial Comment: ..10 Young Indonesians Back to basics in marketing Business first, then politics COMPANY NEWS 15 Prima holders asked to reject offer from Cheng family Aaean common market niMi h 7 Promet cuts first-half Uiinjnm losses by
      252 words
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      Page 1 Advertisements Column 3
      9 1 Singapore to host nut year's Alpo congnw, BACK PAGE
      9 words
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      Page 1 Advertisements Column 4
      69 1 v 2"* 4 -t 'N I'tv y# BALLY otSmtzaianJ t .JBBB3 f: (fmrn* a »r At.: >9 The Best of BALLY is to be found at me foflowrvg authorised »AUV dectefv Baty BouNqu*. RoWtos City Hotel Duomo BouHqu*. far E«t to '^an. SkvKBOM Datmaru Lana Court Complex Robinaon t. C«rrfi«po*>t
      69 words
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  • HOME NEWS
    • Article
      Singapore expects 4.5m visitors
      409 2  -  STPB EXPECTS Bpc GROWTH IN NUMBER OF TOURISTS By SUZANNE SOH IT LOOKS AS THOUGH Singapore will easily see tour-and-a-half million tourists this yssr, and vsry possibly mors. At ths half-year msrk. mors than 2.2 million tourists hsd visitsd Singspors, according to statistics from ths Singapore
      409 words
    • Article, Illustration
      Hu Ping calls on PM
      107 2 CHINA'S Minister of Commerce, Mr Hu Ping (abovm Ml), met Prime Mlnleler Mr Lee Kuen Yew et Hie Mono yeetardey. Mr Hu ie heeding e Chlneee mleelon to Slngepore. The mleelon le seeking to drum up more Investments for Chine. Investment* ere believed to heve
      107 words
    • Article
      Seminar to feature latest in automated systems
      188 2 A SEMINAR featuring the latest automated systems and their future applications in the manufacturing sector will be held at the World Trade Centre on Sep 27. The one-day Automation in Manufacturing (AIMB9) seminar will also examine locally-de-signed materials' handling systems. Among them are
      188 words
    • Article
      Hotels as venues for dialogue sessions getting popular
      485 2  -  By SHOEB KAGDA HOTELS have become a talking point, literally. And Increasingly so. Ministries and Qovernment Parliamentary Committees are turning to them as venues for dialogue sessions and forums involving members of the public. While the move from community centres (popular venues
      485 words
    • Article
      MEMO PAD
      390 2 r m spminars ana r i11i ■vr,. Courses V.E Tel: *****13 Tlx: RS ***** CEGSP Fax: *****86^ Aug 24-25 Improving Interpersonal Hilton Avant-Oarde *****33 and Communication International Training Associates Management Aug 24 25 How to MaftOQ© SIM Management Singopore Motivate and Mointoin House Institute of an Employee Team
      390 words
    • Article
      World air cargo agents to meet here in October
      310 3 ABOUT 90 air cargo agents from around the world will meet in i Singapore this October for the S World Air Cargo Organisation (Waco) Conference. Held from Oct 16-20, the con- ference will examine the implications of the formation of a
      310 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      218 3 FREIGHT Links Express Re Ltd has appointed TERENCE TAN as human resource manager and RUDI CHUAN as accountant. Mr Tan has more than nine years' experience in the personnel department and is a graduate in management. He has diplomas in marketing and personnel management. Mr Chuan has
      218 words
    • Article
      Tioman Island Golf Club to launch second membership drive
      320 3  -  by WALTON MORAIS WITH ITS first batch ot 300 golf memberships sold in double quick time, Tioman Island Golf Club is launching a second drive in Singapore at almost twice the original price. A further 200 individual memberships and 100 corporate
      320 words
    • Article
      Singaporeans need not fear competition: Dr Yeo
      210 3 COMPETITION begets competitiveness, snd in turn, more wealth for all, and this must be so if Singapore is to continue to thrive in a complex world, said Communications and Information Minister Dr Yeo Ning Hong yesterday. Speaking at the Ngee Ann Polytechnic's graduation
      210 words
    • Article
      Indian overstayer charged in court
      91 3 AN INDIAN NATIONAL yesterday became the first overstayer to be charged under the amended Immigration Act since the final amnesty expired earlier this month. Kaainathan Ravi, 29, pleaded guilty and was fined $1,500 for overstaying for 09 days. He was arrested by immigration officers on
      91 words
    • Article, Illustration
      Workshop proves useful and inspiring
      427 3  -  Participants eager to see proposals translated into action By WALTON MORAIS CLOSE TO 40 major proposals were submitted during the three-day National Marketing Workshop, which ended yesterday. An Economic Development Board statement released at the end of the workshop said the brainstorming session ended with
      427 words
    • Article
      Govt actions must complement words
      346 3 GOVERNMENT officials should ensure their actions match the promotional materials on Singapore when they deal with potential inveators, aaid marketing guru Theodore LevttL This is because when deeds connict wnn worn, in® mosMQ® becomes more powerful, the Edward W Carter Professor of Buainsss Administration at
      346 words
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      Page 2 Advertisements Column 1
      108 2 wgmgmmm TRAVELS WITHOUT COMPROMISE The new Renault 21 is styled for he who enjoys full sized shape and strength; faultless aesthetics, (CX 0.29) For he who enjoys or needs inside space, the Renault 21 provides the biggest in its category, together with a brand new dashboard. New Renault 21: the
      108 words
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  • FOREIGN NEWS
    • Article, Illustration
      Lock icon Cheney assails House for slashing arms spending
      481 4 'Soviet military threat not diminishing' NYT AMERICAN Defence Secretary Dick Cheney on Wednesday assailed his former House colleagues for cutting the military budget, saying they acted on the mistaken assumption that the Soviet military threat is diminishing. He also accused the lawmakers of
      NYT  -  481 words
    • Article
      Lock icon Further decline of Dutch independent arms industry
      438 4 AP THE PLANNED takeover of the biggest Dutch defence contractor by a French electronics giant marks another stage in the decline of the Netherlands' independent arms industry But the deal, announced on Tuesday and involving the sale by Philips, the Dutch electronics multinational,
      AP  -  438 words
    • Article
      Lock icon Walesa praises Gorbachev and asks for meeting
      228 4 AFP SOLIDARITY leader Lech Walesa said on Wednesday he was a great "admirer" of Mikhail Gorbachev and, calling the Soviet president a "great juggler", said he wanted to meet him. "I would like to speak with Gorbachev, whom I admire very much," Mr
      AFP  -  228 words
    • Article
      Lock icon NZ ministers off to Canberra for talks on frigate project
      241 4 AFP NEW ZEALAND Prime Minister Geoffrey Palmer said yesterday that he was despatching his finance and defence ministers to Canberra next week in a final bid to negotiate a better price from Australia for warships being constructed under the proposed
      AFP  -  241 words
    • Article, Illustration
      Lock icon Poles condemn 1939 Nazi-Soviet pact
      328 4 AP SOLIDARITY and communist deputies in Parliament, split on the direction of Poland's next government, on Wednesday were able to agree on one measure a statement condemning the Soviet-German non-aggres-sion pact signed 50 years ago. As the resolution passed 349-0 in the Sejm, or lower
      AP  -  328 words
    • Article
      Lock icon 'Filipinos themselves have to master technology'
      157 4 OANA-PNA THE PHILIPPINES needs to harnass fully and at a faster pace local resources on science and technology, if it is to achieve newly industrialising country (NIC) status by the year 2000. Dr Roger Posadas, dean of the college of physics at the state-run
      OANA-PNA  -  157 words
    • Article
      Lock icon S Africa has easy means to avoid sanctions
      330 4 Reuter ALTHOUGH ECONOMIC sanctions against South Africa are increasing around the world, the loopholes available to avoid them are considerable, according to a United Nations report. In an analysis of economic sanctions to protest against South Africa's apartheid policy, the report, issued
      Reuter  -  330 words
    • Article
      Lock icon Philippine real estate offering 'a big success'
      210 4 Reuter FOREIGN underwriters said faith in the Philippines' construction boom made Tuesday s public offering by Robinson's Land Corp, a Philippine real-estate developer, a big success. Citicorp International Ltd, the Hongkong arm of US-based Citicorp CCI said it was the first time a
      Reuter  -  210 words
    • Article
      Lock icon New Zealand imports at three-year high last month
      215 4 Reuter NEW ZEALAND posted its first trade deficit in eight months and its highest level of imports In almost three years in Juty. figures from the Statistics Department show. Preliminary data show imports outstripped exports by U*****.6 million in July against a
      Reuter  -  215 words
    • Article
      Lock icon De Klerk to meet Zairean president
      171 4 AFP ACTING SOUTH African President Frederik de Klerk will travel to Zaire today for talks with President Mobutu Sese Seko, the South African Press Association (Sapa) reported on Wednesday. The meeting comes only three days before Mr de Klerk and South African Foreign Minister
      AFP  -  171 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1049 4 ARRIVALS Operator Service number Local From time IPA swt MAS SIA UA MA >A SAS UA SU rHA MA SIA GIA SIA rtr MAS SAB SU SU SU FIN SU MAS SU su KIM THA SU GU KJA SU MAS THA CPA MAS PAS MAS MAS AU
      1,049 words
    • Article, Illustration
      Lock icon 'Cambodia conflict will die down after Viet withdrawal'
      347 5 AFP THAILAND'S Prime Minister Chatichai Choonhaven has said the decade-long conflict in Cambodia would die down after Vietnamese occupying troops withdrew next month, a Thai newspaper reported yesterday. The premier told the pro-gov-ernment Bangkok Post that ideological differences would weaken the three
      AFP  -  347 words
    • Article
      Lock icon Indonesia denies joint peace plan with France
      107 5 Reuter INDONESIA, co-chairman of the Paris International Conference on Cambodia, has formally denied it had proposed a joint peace plan with France, saying the plan was purely a French project. "The proposal is purely from French delegates," said Hoesni Thamrin, spokesman at the
      Reuter  -  107 words
    • Article
      Lock icon Building of Mekong bridge to start in 1991
      254 5 AFP CONSTRUCTION of a bridge across the Mekong River linking Laos and Thailand is to start in November 1991 and take about three years to finish, a senior Thai official said on Wednesday. Prapath Premmani, head of the National Energy Administration, said
      AFP  -  254 words
    • Article
      Lock icon Cambodia cannot support monitoring force, says UN mission
      268 5 Reuter A UN fact-finding mission just back from Cambodia told a Paris conference on Wednesday that the country was so run-down that an international monitoring force would have to be self-supporting, diplomats said. The mission was sent to Cambodia by the 19-nation
      Reuter  -  268 words
    • Article
      Lock icon Deng ill and under medical care, say Chinese officials
      626 5 NYT CHINA'S senior leader, Deng Xiaoping, who turned 85 on Tuesday, is ill and is receiving special medical care in a beachside resort, Chinese officials and an East European diplomat say. The officials gave varying accounts of the seriousness of his
      NYT  -  626 words
    • Article
      Lock icon China plans to form aviation companies
      179 5 AFP CHINA is to set up two major civil aviation companies in a bid to steer the aviation industry away from defence production, the official China Daily said on Wednesday. The Xian Aircraft Industrial Corp and the Chengdu Aviation Corp will concentrate on research,
      AFP  -  179 words
    • Article
      Lock icon Beijing University's president replaced
      139 5 NYT THE Chinese government has replaced the president of Beijing University. China's most prestigious academic institution and the vanguard of the democracy movement last spring. The president. Ding Shisun, was regarded as a protector of his students, and his dismissal was widely forecast by students and
      NYT  -  139 words
    • Article
      Lock icon Young Indonesians prefer business to politics: survey
      415 5 AFP INDONESIA'S younger generation is more interested in making money fast than meddling in the country's politics, a survey carried out by a leading Indonesian news weekly Editor shows. A total of 42.7 per cent of the more than 900 Indonesians aged between
      AFP  -  415 words
    • Article
      Lock icon Proposals to eliminate pollution of Johor Straits
      358 5 Bernama POLLUTION of the Straits of Johor, due partly to untreated and semi-treated sewage, could be overcome by the implementation of the Johor Baru sewerage master plan, Science, Technology and Environment Deputy Minister Law Hieng Ding said yesterday. The other option was to
      Bernama  -  358 words
    • Article
      Lock icon Honda Motor's profit slump reflects fierce competition
      257 5 AFP HONDA Motor Co, Japan's third biggest-car producer, said its net consolidated profit plunged 41.6 per cent from a year earlier to 15.1 billion yen (US$lO6 million) in the three months to June. The slump in earnings reflected a "fiercely competitive" market in
      AFP  -  257 words
    • Article
      Lock icon Super anti-heat material
      91 5 AFP THE Japanese government's Science and Technology Agency has developed a material capable of withstanding temperatures up to 1,800 degrees Centigrade, officials said. The anti-heat properties of the material, made from powdered ceramics and metal, is 300 degrees greater than the materi- al used on the surface
      AFP  -  91 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      69 4 challenge to businessmen who think there's enough out there for everyone. Quite simply, there isn't. Because the greater the profit potential, the tougher the competition. Which is why you need BILLION. The only international magazine about doing business in Asia-Pacific. BILLION. Now on sale. In limited quantities. At select newsstands.
      69 words
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      Page 4 Advertisements Column 2
      41 4 The business person's choice every Tuesday, Thursday Saturday and Sunday. Leasing Chaagi Airport a! 22:05 hours and arriving at Lester B. Pearson International Airport the following day. CjII your Travel Agent or Mr Cuuda M 7J2tSSS. A BREATH OF FRESH AIR
      41 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      34 4 BY GARRY TRUDEAU NOT BAP. YOUfRB GRBAT. SO HOW'P NOW LOOKING AT I JUST rOUMAKB 7HZ NOVAMBA&A- PICKBVUP OUT, J/MMY* j OORTOGPBUB' SMV£N< SUitDZN* mi...1... YOU WHAT 7 rZk 1 y m I <cei\
      34 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      78 5 ihiuu y u iiU h S L'tit'd! 'J< </</ > ite Piaget. Don't show your hand. TK A r>r-T sfaw— mdSmmCi+u Siw&m §02-*****,58/ OnMßttd, YlAubl Sm#tmOm. Td: *****55. TJaRS ***** PIAGET ft* 7332/22 #0/-0/ sisGArou muv Tir Mtmirm Smgjm, 333 Odwrf Rmd Smgtfm 0923 W. *****3 PIAGET NUUjiU Sdn Bid:
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      64 5 1 '""A Global temperatures and weather conditions on Aug 23 »ai temperatures I .i weather conditions Singapore 24/11 Clear 30/19 Claor 33/24 Roin 18/14 Cloudy 33/20 Clear 24/14 Claor 22/16 Oaor Madrid Manila Mexico Oty Miami Montreal Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome
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  • MONEY AND EXCHANGES
    • Article
      Lock icon UK current account gap dashes hopes
      523 6 Reuter THE JUMP in Britain's current account deficit for July to £2.06 billion, the second biggest monthly shortfall on record, confounded financial markets and dashed recent hopes of an early cut in UK interest rates. Sterling sank two pfennigs and one cent immediately after
      Reuter  -  523 words
    • Article
      Government Securities Market
      114 6 Treasury bills Day's Period Issue Yesterday's dosing code Maturity WO OFFER HIGH LOW 3 months RQ*****X 16.11.89 4.20 4.15 4.16 4.10 6 months BS*****V 18.01.90 4.10 4.05 4.15 4.02 1 year BY*****F 24.05.90 4.28 4.23 4.25 4.19 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      114 words
    • Article, Illustration
      World interest rates
      189 6 Indicates the average of the prime lending rates of 12 ma|or banks In S'pore Interbank market rates (offer/bid) on Aug 24 us$ DM SWFC Y«n 7 days t 8 7/8 U 1/8— 14 6 IS/16 13/16 7 7/16 S/16 S 3/8 S 1/4 1 m* 9 S
      189 words
    • Article
      Money markets
      54 6 THE overnight rate on the Singapore money market closed unchanged at 5-1/8 per cent yesterday. Term rates were similarly all unchanged. S$ Interbank rates at the close yesterday: OfFtt MO 5 1/8 S 1-momti 5 1/4 5 1/8 2-month 5 1/4 S 1/8 3-ffiomh 5 1/4 3 1/8
      54 words
    • Article
      IMM
      271 6 IMM currency futures finished lower on Wednesday, posting marked losses in some contracts after technically breaking down. The dollar's rise above key resistance levels against the mark and yen eroded futures values. Traders had a brief respite during recent sessions as contracts rallied on technical considerations and speculation European
      271 words
    • Article
      Comex gold/silver futures
      171 6 Gold futures on August 23, 1989 100 troy ounces. USS per troy ounce Opon Mtgti Low S«M« Aug 347.80 348 30 363.30 365.80 -2.10 S*P 366.30 -2.30 Oct 371.00 371.30 366.30 368.10 •2.60 0*c 374.70 375.40 370.50 371.90 2.60 F»b 90 375.30 376.00 375.30 375.60 -2.70 *****
      171 words
    • Article
      Options
      1330 6 CBE: the Chicago Board Exchange; CBT: tha Chicago Board of Trada; CME: tha Chicago Marcantlla Exchanga; Comax: Naw York'a Commodity Exchanga; tha IMM: tha Intamatkmal Monatary Market. CURRENCY FUTURES OPTIONS Thursday, August 24, 1989 OEUTSCHEMARK (SIMEX) kpNcHk Hirsft I n» 1 Un see M puis MP 52 "•V" uiw
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      402 6 THE KUALA LUMPUR STOCK EXCHANGE MALAYSIAN STRATEGIC CONSULTANCY sth Annual National Securities Industry Conference THE SECURITIES INDUSTRY IN MALAYSIA PREPARING FOR THE 1990'S Official Opening Keynote Address By YB DATO' PADUKA DAIM ZAINUDDIN. MINISTER OF FINANCE sth 6th Sept 1989. The Merlin Subanq. Selangor Darul Ehsan Important changes are taking
      402 words
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      Page 6 Advertisements Column 2
      103 6 FOR BITS AND BYTES Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, the TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
      103 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Euros close higher
      529 7 Simex BA Futures SEPTEMBER EURODOLLAR futures yesterday opened 6 ticks higher than the previous Simex close at 91.12 following good demand for the 5-year note auction. Prices eased from the high on profit-taking with dealers watching the Bundesbank Council meeting for any surprises. The September contract ranged
      BA Futures  -  529 words
    • Article
      Forex markets
      865 7 SINGAPORE: Sentiment was bullish with the US dollar finishing higher in fairly active trading yesterday. The US dollar recovered overnight on waning speculation that West Germany will raise interest rates and also from weakness in sterling following the release of a wider-than-expected UK external deficit on Wednesday. The
      865 words
    • Article
      Asian dollar market
      285 7 ASIAN DOLLAR deposit rates closed unchanged at opening levels in quiet trade yesterday, with the market awaiting last night's outcome of the US Treasury's auction of U559.25 billion of one-year bills. Short-dates were steady at the outset and hardly moved thereafter. Thursday/Friday, weekend and week-fixed ended at
      285 words
    • Article
      Citibank gears up for Visa launch
      339 7  -  By QUAK HIANG WHAI CREDIT CARD issuers are mounting an advertising blitz to protect their market share as Citibank puts the finishing touches to the launching of its Visa card next month. Sources say Citibank will launch the credit card around Sep 15. Its
      339 words
    • Article
      SIMBL achieves 41pc jump in after-tax profit
      371 7  -  By SOH TIANG KENG THE SINGAPORE International Merchant Bankers Ltd (SIMBL) has achieved a record after-tax profit of $4.02 million last year, up 41 per cent over 1967. Chairman Charles W Tresise said in the merchant bank's 1968 annual report that the sharp
      371 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      50 7 r 01 ivmi 11 wnu wm piwvui FRENCH FUTURES MARKET on Monday, 28th August 1989, 9pm at the Oriental Hotel MATIF The Leading European Futures Market with 16,300,000 contracts in 1988 and 13,130,000 first semester 1989 fI jFRENCH BUSINESS ASSOCIATION CMDtT IYONNAt CIC GROUP f i oosuz SOCltTt OtHtMAIM ;ÜBAF
      50 words
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  • COMMODITIES
    • Article
      Lock icon Sawmillers urged to relocate in Sarawak
      280 8 Bernama SAWMILLERS in Peninsular Malaysia have been urged to relocate their mills in Sarawak if this can help assure their survival. State Industrial Development Minister Abang Johari Tun Abang Openg said this week that Taiwanese, Koreans and Japanese investors had been studying the feasibility
      Bernama  -  280 words
    • Article
      Lock icon Malaysia firm on not joining cocoa organisation
      190 8 Bernama MALAYSIA is firm in its stand against joining the International Cocoa Council Organisation (ICCO). According to Primary Industries Minister Datuk Seri Dr Lim Keng Yaik this week, Malaysia prefers to remain on the sidelines until the organisation sorts out its "domestic" problems.
      Bernama  -  190 words
    • Article
      Lock icon KLCE moves to boost futures liquidity
      218 8 Reuter THE Kuala Lumpur Commodity Exchange (KLCE) will seek clearing house approval to reduce charges on its commodity contracts to boost liquidity. According to Chief Executive Officer Syed Jabbar Shahabudin on Wednesday, the KLCE wants to cut the entrance fee for personal account holders
      Reuter  -  218 words
    • Article
      Lock icon Call for a unified timber industry body in Sabah
      440 8 Bernama SABAH's Chief Minister Datuk Seri Joseph Pairin Kitingan this week urged those involved in the timber industry in Sabah to form a single body to look after their common interest more lyHe said there were now three organisations representing the
      Bernama  -  440 words
    • Article
      Palm Oil
      532 8 MALAYSIAN CRUDE PALM OIL FUTURES closed slightly higher on the Kuala Lumpur Commodity Exchange (KLCE) yesterday on support by commission houses. Dealers said good news that Pakistan had bought 8,000 tonnes of CPO in tender yesterday also provided support to the market ihe steady cash market also aided
      532 words
    • Article
      Gold little changed in Hongkong trade
      404 8 Precious Metals HONGKONG: Gold ended little changed in moderate two-way trade after drifting earlier yesterday. "Buying by London and local investors boosted gold to close in line with the open." Bullion ended at US$363 90/364.40 an ounce unchanged from its opening and little changed
      404 words
    • Article
      Lock icon Crude Oil and Products
      151 8 Telerate FUEL OIL prices were little changed in Singapore yesterday. Trading was quiet with buyindications remaining at $85-$B6 mt FOB Sing level. A major bought a 20,000 mt Sep CST-180 lot at $86.35 mt FOB Sing. Taiwan bought 80,000 mt of one per cent sulphur fuel
      Telerate  -  151 words
    • Article
      KL Tin
      170 8 Tha Kuala Lumpur Tin Mar kat (KLTM) price roaa eight canto to M 322.13 a kg an further buying Interest yeat«rday Tha rtoa m In aympathy wHh «m sharp gain an tfw London Matol Exchange (LME) and aMad by Nghar opening bkto of 164 tonnaa agalnat offers of
      170 words
    • Article
      RAS and MRELB
      288 8 RAS prices ro« NOON 1 In Mm CLOSE 8vyon (JLm iwyon g-M os sen In* 1 ISS Prompt tat 1 KSS Sop tat 1 ISS Oct tat 2 KSS OP tat 3 KSS OP tat 4 KSS OP tat 5 KSS OP 169.00 169 XX) 172.00 167
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    • Article
      SSR and SMR
      86 8 SEPTEMBER 1989 OCTO»a 1989 (currant month) (forwor d monlh) RAS NOON NOON Bvyan wWWO Ivytn Saltan ssa 30 152-50 1 54 JON 15X50 155 JON SSJt 50 ISO JO 152J0N 151 JO 153 JON MRELB Buyan S*ll*r> Iwyan Saltan SMI cv 215.00 217.00N 217.00 219.00N SMI I
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    • Article
      Produce Prices
      194 8 Chinese Produce Exchange Sotiort' noon doting pricos on August 24 (S$/100 kg) Coconut oil Bulk FOB 93.00 Old drum FOB 103.00 Now drum FOB 107.00 Copra Mlxod (looso) 50.00 sollors Popper Muntok whh* FOB NLW 497JO Sarawak whha 487JO FOB faq NLW Sarawak spadal 387JO black FOB NLW
      194 words
    • Article
      Rubber
      236 8 SINGAPORE: Rubbar pricas closad slightly aasiar yaatarday with September One RSS buyer quoted at 168.00 cents a kg, down half a cent from Wednesday's cloae. On the TSR-20 Award market prices closed marginally lower in quiet trade. September buyer was quoted at 147.50 cents a kg, down one cent
      236 words
    • Article
      Lock icon Wheat
      223 8 Reuter CBOT wheat futures closed quietly mixed on Wednesday. Traders were reluctant to push prices aggressively in either direction because fundamental news was lacking. Weaker prices for corn and soybeans brought wheat off session highs on profit-taking but did not fuel selling pressure. A lack of export news and
      Reuter  -  223 words
    • Article
      Lock icon Soybean
      228 8 Reuter CBOT soybean futures eased from midday highs to close lower on Wednesday, under pressure from the widespread rains across the Midwest. Local and commodity fund buying continued to support values In the morning in the face of bearish news of much-needed rains in lowa overnight and the still
      Reuter  -  228 words
    • Article
      London markets
      179 8 Patmoil cn»d* OF UK/Rot»«fdam Sap 325 Oct 320 Nov/Doc 322.5 Jon/Mar 337.5sir M'sian R6D FOB S*p/Otf 290 Now/ Jon 292.5slr M'ston R8D OWn FO« Sep/Oct 300 Nov/Doc 302iir M'»lan R&D *t»arV>« FOR p«r rorm* Oct/D*c 272-5«lr Philippines eoconwt oil 3pc ffo OF Rollerdom Aug/Sop/ S*p/Ocf/ 490sir Oct/Nov M'$Jan
      179 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      59 8 c: Specialists in Fine Hand-knotted Carpets i H j) 'b' Sunday, Aug. 27, 1989 Grand Ballroom Hilton International Singapore |3%J V 100 Tribal And Fine Oriental Carpets Rugs ■i V» i' I'll All lots are guaranteed and backed by a full trade in value at our showroom. Auctioneers: Cheong Koon
      59 words
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      Page 8 Advertisements Column 2
      51 8 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personaftouch and comfort. For short-or long-term lease, call Florence/Dina at
      51 words
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  • FOCUS
    • Article, Illustration
      Lock icon Conservative Party calls for more apartheid
      755 9 AP THE FAR-RIGHT Conservative Party says the solution to South Africa's political and racial turmoil is simple: strengthen apartheid. The blunt call for strict segregation at a time of political uncertainty earned the Conservatives 26 per cent of the country's white vote in 1987,
      AP  -  755 words
    • Article
      Lock icon The main parties at a glance
      632 9 Reuter FOLLOWING are sketches of the main parties contesting the September 6 elections to the white House of Assembly. the senior chamber in South Afrca's parliament. NATIONAL PARTY (NP): In power since 1948, the NP was born as the voice of the country's Dutch-descended
      Reuter  -  632 words
    • Article, Illustration
      Lock icon White liberals go for slick image
      756 9 Parliamentary elections will be held in South Africa on Sep 6. As white liberals pitch themselves against the far-right conservatives and the ruling National Party, FOCUS examines the positions adopted by the three main parties contesting the elections. AP WITH THE HELP of Hollywood-style
      AP  -  756 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      685 9 Intel gave the 386 chip life. Novv; the Power to triple3B6 is yours with the very fast, very powerful, 33 MHz ACER 1100 Personal Computer. Not everyone can triple the Power of 386. But Acer has done it and we invite you to experience it for yourself. With the newest,
      685 words
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  • PERSPECTIVE
    • Article
      Back to basics in marketing
      523 10 THERE WOULD have been some in the 1,700strong audience the night of marketing guru Theodore Levitt's lecture who felt the evening was not quite worth the $200 they each had to fork out. After all, much of the well-publicised Harvard University professor s lecture dwelt
      523 words
    • Article, Illustration
      Why Asean common market scheme will remain a dream
      1175 10  -  Manila has again failed in its bid to push through the Asean common market scheme. Its latest attempt at the ongoing meeting of Asean parliamentarians was shot down unceremoniously, says AL O LABITA, JR. He explains why Mrs Aquino's idea is
      1,175 words
    • Article, Illustration
      Lock icon Cyprus — more than a holiday island for the US and USSR
      817 10 Cyprus more than a holiday island for the US and USSR Reuter DIPLOMATS call it microwave alley. Why, they ask, did the Soviet Union and the United States decide to build new embassies on the holiday island of Cyprus within an electronic whisker of each other? Glasnosff Perestroika? A sign
      Reuter  -  817 words
    • Article
      Lock icon Oil industry opting for cleaner petrol
      684 10 NYT THE OIL business, faced with government proposals to clean the air by replacing petrol with methanol, compressed natural gas or electricity, is suddenly espousing a previously overlooked substitute: cleaner petrol. The reformulated fuel announced by ARCO last week for older cars that run
      NYT  -  684 words
    • Article, Illustration
      Lock icon Moscow keeps close watch on developments in Warsaw
      670 11 POLAND NYT SOVIET and other Warsaw Pact military leaders are keeping close watch on the developments in Poland because of its military importance to the East bloc. There seems to be no prospect of an attempt to withdraw Poland from the Warsaw
      NYT  -  670 words
    • Article
      Lock icon Despair grips citizens as economy slides
      673 11  -  MYANMAR By HARUHITO KIYOTA Asahi WITH EVERY strategic point in the capital of Myanmar, formerly Burma, placed in the tight grip of martial-law troops, things ostensibly look calm but political prospects are anybody's guess, as the national economy is on the verge of a
      Asahi  -  673 words
    • Article, Illustration
      Lock icon Fulfilling the American dream
      771 11 UNITED STATES FT BUDGET directors are supposed to be political technicians, not strategists or thinkers. Yet Mr Richard Darman is aspiring to be both. Not only has he taken centre stage in the White House's negotiations with Congress on fiscal policy, but he has turned into
      FT  -  771 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      560 10 TAN CHONG MOTOR HOLDINGS BERHAD <1 PI Ill) UNAUDITED INTERIM RESULTS FOR THE HALF YEAR ENDED 30TH JUNE 1989 The Board 0> Directors ol TAN CHONG MOTOR HOLDINGS BERHAD wishes to announce the unaudited results of the Group and the Company for the half year ended 30th June 1969 as
      560 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      161 11 DO YOU WANT TO SPEND YOUR TIME CHANGING SCREENS OR CHANGING WORLD MARKETS? Telerate's new Forex Page 262 gives you all the market-moving Forex in1 formation you need on one screen. That means you spend your time concentrating on the Forex market and not the keyboard. Telerate's Forex 262 gives
      161 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Greetinas to anyone else out there
      685 12  -  SPACE »y JIM WOLF Reuter I M 'VOYAGER 2. its informationgathering duties soon to end as ft exits our solar system, will continue its work as a cosmic message in a bottle on a mission that could outlive the Earth. The one-tonne space probe,
      Reuter  -  685 words
    • Article, Illustration
      Lock icon Cable network homes in on Molly Dodd
      971 13  -  TELEVISION By JEREMY GERARD NYT WHEN NBC cancelled The Days and Nights of Molly Dodd last summer, despite good ratings and almost universal praise from the ritics, the show was snapped up by Lifetime Television, a young, New York-based cable network. Lifetime was
      NYT  -  971 words
    • Article, Illustration
      Lock icon Drama takes centrestage at Edinburgh
      774 13  -  THEATRE By MICHAEL BILLINGTON The writer drama critic for The Guardian IHT EDINBURGH, as Kenneth Tynan pointed out 40 years ago, is a festival for gluttons rather than for gourmets. This year's festival (running until Sep 3) offers a three-week deluge of plays, operas, concerts,
      IHT  -  774 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      320 12 Where to entertain... Where fv entertain... Where to entertain... Where to Wl. 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 Stamford Road. Singapore <>617. WESTIN Hotels Resorts THE PERFECT
      320 words
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      Page 12 Advertisements Column 2
      142 12 f AT JADE LOUNGE nightly for your favourite songs. A miMO COURT HOTEL SINGAPORE No. 1 Tanglin Road Singapore 1024 m **v f Not one but TWO resident bands to entertain you! Gerry Lachica's LACHICA-GO belts out the latest hits with Anita whilst Doris and V3 renders the oldies and
      142 words
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      Page 12 Advertisements Column 3
      216 12 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per person.
      216 words
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      Page 12 Advertisements Column 4
      210 12 Sky Garden Poolside Fridays to Sundays 6.30 10.30pm Adults: $11.90++. Children: $8+ By Popular Demand The Gazebo turns NOSTALGIA Come join us as we turn back the hands of time. SING! DANCE! BE HAPPY! Memories of yesteryear come alive in the cosy ambience of The Gazebo, where we rub shoulders
      210 words
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      Page 12 Advertisements Column 5
      219 12 THEKASBAH I H\ TOP 40' i. GOLDEN OLDIES. Nocturnal Rendezvous GLAMOUR AND GUTTER Perfect for a fling OODLES OF FUN Let your hair down Something hot is always happening at the Kasbahl Here's to you I Celebrate with 'Courvoisier XO and get a $20/- voucher with every purchase. Or a
      219 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      170 13 entertain.. Afternoon Tea Will Be Served In The Park. Tea-tune at Cafe-in-Tbe-Park is delightful. You 'll enjoy exquisite teat at welLas a tasty buffet spread of oven-fresb pastries, scones and other delicious afternoon delights. Afternoon Tea: Monday to Friday, 3pm to spm. $9.50 per person. Century Park Sheraton Singapore !6NowpHt
      170 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      650 13 CRYPTIC PUZZLE ACROSS 4 Remains of a broken slicer (6) 7 Figure the position from afar (8) 8 That of leap year? (6) 10 With which to rebuild an abode (5) 13 Girl about to get serious (4) 14 Name for a twisting lane (4) 15 Sound a cracked note
      650 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1240 13 TV and RADIO Custer's career r> i\w L UF-Cai if hi 4 r~ i IV ii f ii! H ffl &> ii i IJF* OtMa dm HavlHand and Enrol Flynn In They Dtod with Thok Boo* on. OUR CHOICE THEY DIED WITH THEIR BOOTS ON, 10.30pm, SBC 5 The flamboyant
      1,240 words
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  • SPORTS
    • Article, Illustration
      Samson posts best card for the day
      595 14  -  SEA GAMES By CHARLES SAVAGE In Kuala Lumpur SAMSON GIMSON donned his lucky red tee-shirt and charmed the Saujana greens yesterday just enough for the greens to give him two birdies and to post the best card for the day, an even par
      595 words
    • Article, Illustration
      Lock icon Three more golds for Singapore
      396 14 SINGAPORE won three more golds yesterday, one of them unexpected, but lost two others when certain favourites failed to pull off golden performances. David Lim continued his domination of the pool, winning the 200 m backstroke in a relatively slow 2:09.85, edging out compatriot Tan
      ALBERT SIM  -  396 words
    • Article
      Lock icon Unnamed athlete tests positive for drug
      300 14 TRACK FIELD AP LIKE A BAD DREAM that won t go away, the drugs' scourge that i« tarnishing the name of world track and field keeps coming back. As the Ben Johnson scandal still reverberates across the world, the sport s governing body announced
      AP  -  300 words
    • Article
      Lock icon Lendl, Graf get top seedings for US Open
      301 14 TENNIS AP THREE-TIME men's champion Ivan Lendl and defending women's champion Steffi Graf have been made the No 1 seeds for the US Open tournament. Lendl was seeded first for the fourth consecutive year while Graf earned the top spot for the
      AP  -  301 words
    • Article
      Lock icon Easy victory for Lendl in Hamlet
      49 14 AFP WORLD NUMBER ONE Ivan Lendl breezed to an easy two-set victory over Argentine Guillermo Perez-Roldan in New York on Wednesday in the Hamlet Challenge Cup, an exhibition warm-up to next week's US Open. Lendl beat Perez-Roldan in his opening match 6-4. 6-2.
      AFP  -  49 words
    • Article, Illustration
      Lock icon Evert takes defeat matter-of-factly
      485 14 Reuter AFTER a stunning defeat at the hands of unseeded Anne Minter on Wednesday in her opening match at the Canadian Open, Chris Evert was quite mat-ter-of-fact. "You can't force the intensity," said Evert, the 34-year-old winner of 18 Grand Slam singles titles. "I'm surprised I'm
      Reuter  -  485 words
    • Article, Illustration
      Lock icon Sanchez advances in Player's Challenge
      194 14 AP FRENCH OPEN champion Arantxa Sanchez, seeded fourth, beat Jo-Anne Faull in straight sets on Wednesday, but No 7 Hana Mandiikova was eliminated by unseeded Jana Pospisilova in second-round action at the Player's Challenge in Toronto. Sanchez, a 17-year-old Spaniard, beat Australian Faull. 6-1, 6-4,
      AP  -  194 words
    • Article
      Lock icon Williams claims Tyson hit him with head butt
      207 14 BOXING AFP CARL "The Truth" Williams, who lost in 93 seconds to Mike Tyson more than a month ago. said in New York on Wednesday that the world heavyweight champion did the damage with a head butt and wants a rematch. "You've
      AFP  -  207 words
    • Article, Illustration
      Lock icon US team breaks 800m relay world record
      458 14 ATHLETICS AP SIX-TIME Olympic champion Carl Lewis teamed with three other top American sprinters on Wednesday to break the world record in the 800-metre relay at the Koblenz international track and field meet in West Germany. Lewis and team-mates Danny Everett, Leßoy Burred
      AP  -  458 words
    • Article
      Lock icon E Germany wins team trial
      319 14 CYCLING AP EAST GERMANY, reduced to three racers over the last 15 kilometres, won the men's team time trial on Wednesday at the World Cycling Championships in France. The Soviet Union edged defending champion Italy in the women's race by less than a second. The
      AP  -  319 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Win-win situation or a zero-sum game?
      672 15 mm mm*** HOCK LOCK SIEW THE UNCERTAINTY over whether United Engineers (M) Bhd's takeover bid for Cement Industries of Malaysia Bhd (CIMA) is a "win-win" situation for both companies or a "zero-sum" game with CIMA the loser has led to a gradual erosion in
      HOCK LOCK SIEW  -  672 words
    • Article
      Lock icon MAS aims for M$300m pre-tax profit for current year
      492 15 Bernama MALAYSIAN Airline System, projecting rising passenger and cargo traffic in the airline industry worldwide, has targeted a pre-tax profit of at least Ms3oo million for the year ending March 31, 1990. Last year, it made a M5204.5-million profit. Managing director
      Bernama  -  492 words
    • Article
      Yeo Hiap Seng posts lower profits despite higher turnover
      395 15 INCREASED COSTS and operational start-up losses have pushed down Yeo Hiap Seng Ltd's post-tax profit by 30.1 per cent to $5.35 million for the six months ended June 30. This was despite a 6.4-per-cent improvement in turnover to $105.89 million, from
      395 words
    • Article
      Hotel Royal earnings jump 85pc in first half
      186 15 HOTEL ROYAL Ltd yesterday reported a strongly improved after-tax profit to $221.000 for the half-year ended June 30, an 85 per cent increase over the same period last year. The group, which runs a hotel of the same name in Newton Road,
      186 words
    • Article
      Promet cuts first-half losses by more than 90pc
      483 15  -  By KEVIN GWEE MASSIVELY-RESTRUCTURED Promet Bhd has slashed its losses by more than 90 per cent during the first six months on the back of the upturn in the property and marine fabrication sectors. For the half year to June 30, 1989,
      483 words
    • Article, Illustration
      Prima holders asked to reject offer from Cheng family Prima holders asked to reject offer from Cheng family
      656 15  -  By HERMAN PHUA INDEPENDENT directors of Prima Ltd, on the advice of DBS Bank, have asked minority shareholders to reject the Cheng family's recent cash offer for their shares in the flour
      656 words
    • Article
      Lock icon Smaller KL broking firms expected to merge
      353 15 Bernama SMALLER stockbroking companies are expected to consider merging to improve their financial strength during the next decade. a seminar in Kuala Lumpur was told. Some of them might even consider listing the companies on the Kuala Lumpur Stock Exchange (KLSE) before the
      Bernama  -  353 words
    • SES
      • Article, Illustration
        Index ends 19 points lower after heavy afternoon selling
        1098 16  -  br JOSEPHINE CHAN LOCAL SHARE prices yesterday fell sharply on heavy selling, with the Straits Times Industrials Index ending 19.48 points lower at 1,357.26. The market, which was looking tired, fell sharply in the mid-afternoon, after losing 5.32 points at noon.
        1,098 words
      • Article
        Unit trusts
        303 16 Managers' prices for Aug 25 Singapore Unit Trust The Commerce 1.17 1 24 The Savings Fund 104 1 10 S pore Prog Fund 0.47 0.51 S'pore Sec Fund 073 078* S'pore Invest Fund 083 088 S pore Equity Fund OSS 059 Asia Unit Trust Mol Invest Fund 1
        303 words
      • Article
        COMPANY MEETINGS
        51 16 BEMBAWANO SHIPYARD LIMITED: EQM at the Lecture Theatre, #04-00, 456 Alexandra Road. NOL Building, Singapore 0511. on Aug 29. Tuesday, at 9.30 am. JOHAN HOLDINGS BERHAD: 84th AGM at Poinaettia 2. 2nd Floor. Petaling Jaya Hilton, Jalan Barat. Petaling Jaya. Selangor Darul Ehsan. on Aug 30, Wednesday, at
        51 words
    • Article
      SES SHARE INFORMATION
      6211 16 1 f Mm Tol Cod* Company Laat Sale orAUQ 24 Vol (*000) Day «gh L L cm B« Mt QUO iyor Sol lor Ofs Or's Dtv Dtv Y*ld Net Cvr P/E M Cop DEBENTURES, M 3NOS, LOANS 264 81 45* 66* 87* 06 183 72 95 18
      6,211 words
    • KLSE
      • Article, Illustration
        Extensive double-digit losses
        3582 17 SHARE prices succumbed to selling pressure to close widely easier at the Kuala Lumpur stock market yesterday. Blue chips, which had been supported by selective buying the past lew sessions, also fell. The selling left a trail of double-digit losses. The scoreboard showed losers leading gainers by
        3,582 words
    • REGIONAL MARKETS
      • Article
        Lock icon Small-capital Japanese stocks making big gains
        733 18 Reuter GOOD THINGS come in small packages for Japanese investors looking for profits in a stock market hobbled by firm interest rates. Low capital issues listed on the Tokyo exchange are touching record highs almost daily. The 450-share second section of the Tokyo exchange,
        Reuter  -  733 words
      • Article
        Lock icon 'Direct entry into Taipei market years away'
        240 18 Reuter DIRECT foreign investment in Taiwan's booming bourse is still years away, blocked by the fast pace of the island's financial success, according to a senior regulatory official. Lu Tung-Ying, vice-chairman of the Securities and Exchange Commission, said in an interview on Wednesday
        Reuter  -  240 words
      • Article
        Lock icon Seoul: Stocks soar
        219 18 Reuter SEOUL STOCKS rocketed paat the 950 mark yesterday for the first time in over three months as trading reached one of the highest volumes this year, brokers said. Brokers said three factors pushed up the index: a looser monetary policy expected for the Chuaok holiday season
        Reuter  -  219 words
      • Article
        Taipei: Sharply higher
        390 18 ENTHUSIASTIC investors pushed the Taiwan stock index to a sharply higher finish yesterday In a daylong rally fueled by strong gains in small industrial shares, dealers said. The Weighted Index jumped 232.96. or 2.43 per cent, to end at 9,814.95 against Wednesday's 9,581.99 finish, while turn- over
        390 words
      • Article
        Lock icon Wellington: Sharply lower
        204 18 Reuter THE NEW ZEALAND market ignored Wall Street's solid overnight gain to close sharply lower yesterday and was on tenterhooks with the announcement after closing that Sir Ron Brierley would step down as Brierley Investments chairman. Brokers said the fall was overdue, but a surprise when it
        Reuter  -  204 words
      • Article
        Lock icon Manila: Slow recovery
        180 18 Reuter MANILA'S main share index rose yesterday on the back of commercial and industrial issues, which led the market in a slow recovery from previous week's jitters over rising interest rates, trade gaps and inflation, brokers said. The Manila Stock Exchange Composite Index gained 7.99 points to
        Reuter  -  180 words
      • Article, Illustration
        Lock icon Prices ease in sluggish trade
        1314 18 Hongkong Reuter, DBS Securities SHARE PRICES eased in sluggish trade yesterday, with the Hang Seng Index ending just below the key psychological level of 2.500 points. The Hang Seng Index fell 22.31 points to 2,499.08 and the broader-based Hongkong Index 14.94 to 1,648.12. Turnover was
        Reuter,; DBS Securities  -  1,314 words
      • Article, Illustration
        Lock icon Bearish market
        542 18 Tokyo Reuter PLAYERS jittery that the key Nikkei Index had risen too quickly sold in reaction to bearish talk yesterday, leaving prices easier but off their lows at the close in thin trade. Many expected a correction because index-linked buy programmes caused much of the recent gains. it
        Reuter  -  542 words
      • Article, Illustration
        Lock icon Active trading
        561 18 Sydney Reuter AUSTRALIA'S share market cloeed higher yesterday after an active day's trade and brokers said the bull run looked set to continue today. The All Ordinaries Index ended 9.6 points up at 1,747.2 and the All Industrials Index 6.2 points to 2,779.42. National turnover totalled 170 million
        Reuter  -  561 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Bond rally pulls shares out of rut
        783 19 New York Reuter A RALLY in bond pricee on s weil-re-ceived five-year note auction helped US stocks break out of a trading rut and gave blue chipe their biggest gain in nearly two weeks on Wednesday. The Dow cloaed up 27.11 to 2,078.11.
        Reuter  -  783 words
      • Article, Illustration
        Lock icon Firmer in early trading
        840 19 London Reuter SHARES IN LONDON were firmer ahead of the official opening yesterday. Buoyed by a closing 27-point gain on Wall Street, the market looked set to break above the FTSE 2,400 level in the morning. Bass slipped 19p to 1128 after announcing the acquisition of
        Reuter  -  840 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1613 19 Reuter FRANKFURT: West German shares ended higher yesterday but were below their peaks after a tense session as participants waited for the outcome of the Bundesbank council meeting. "It's embarraaaing because nobody ever earnestly believed the Bundesbank would raise rates," one dealer said. Already brittle nerves on
        Reuter  -  1,613 words
      • Article
        Lock icon Wang picks 'ailing companies' expert as president
        251 19 Reuter WANG LABORATORIES Inc haa appointed Richard Miller, regarded as an expert on turning round ailing companiee, to the poet of preaident left vacant when founder An Wang forced hia own eon out Mr Miller, 48, former head of General Electric Co's US$3.3
        Reuter  -  251 words
      • Article
        Lock icon Hoylake campaign to buy BAT gets a boost
        932 19 FT SIR JAMES GOLDSMITH Hoy- I lake consortium has boosted its campaign to take over BAT In- i duatriee. the tobecco-based conglomerate, by conditionally agreeing to eell Fanners Group. BATs US insursnce subsidiary, to Axa Midi, the French-baaed insursnce group, If the
        FT  -  932 words
      • Article, Illustration
        Lock icon Kodak to cut 4,500 jobs, sell units
        515 19 NYT THREE WEEKS after reporting a sharp drop in second-quarter profits, Eastman Kodak Co aaid on Wadnaaday that it would eliminate 4,500 joba this year, or about 3 per cent of its workforce, and sell some businesses. Kodak did not apecify what it
        NYT  -  515 words
      • Article
        Lock icon Bass buying Holiday Inns for US$1.98b
        306 19 Reuter BRITISH BREWERY to hotel group Bass pic is acquiring the Holiday Inns hotel business in North America tor US$l.9B billion. The payment will be made in the form of US$l25 million in new Bass ordinary shares and re-financing of certain debt in Holiday
        Reuter  -  306 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      73 15 9 s v It took more than 10,000 hours' to develop n> this masterpiece. Exclusively at The Hour Glass MR. HENRY SY has acquired 6,500,000 shares of KEPPEL PHILIPPINES SHIPYARDS, INC. and has accepted nomination as a director of the Company SUN HUNG KAI SECURITIES (PHIL), INC. advised both parties
      73 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      961 18 I USE! IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF ZHONG YANG OIL TRADING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Zhong Tang Oil Trading Pte Ltd, duly convened and held on the 18th day of August 1909, 9
      961 words
    • Advertisement
      Page 18 Advertisements Column 2
      524 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80. AND IN THE MATTER OF FIRENZE (SINGAPORE) PTE LTD i i:i :i:k VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of FIRENZE (SINGAPORE) PTE LTD. duly convened and held at 586 North Bridge Road #08-06, Blanco Court, Singapore 0718
      524 words
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      Page 18 Advertisements Column 3
      324 18 Seoul stock prfcM wara not av«ll«b4« yaatarday. Tha Bombay Stock Exchanga waa cloaad for Paral Now Yaar and will romaln cloaad today for a Hindu foatlval. Trading roaumoa naxt Monday. NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHARTER 50 AND IN THE MATTER OF JURONG CREATE
      324 words
    • Advertisement
      Page 18 Advertisements Column 4
      207 18 Bangkok: Slightly lower THAI STOCKS edged slightly lower across the board yesterday in an active session focused on construction and mining counters, brokers said. The SET Index tell 3.05 points to close at 664.86, with talis leading rises 69 to 43. "Strong gains at the opening were offset by profit-taking
      207 words
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  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      19 19 More jobs in the sales/service industr waiting you in The New Paper Fastads today. L %> Tin Employment QosmW Sadion
      19 words
    • Advertisement
      Page 19 Advertisements Column 2
      125 19 CONSULTANTS PTE LTD 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 basis. CAN CONSULTANTS will
      125 words
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  • LATE FILE
    • Article
      Lock icon Taiwan banks adjust rates
      54 20 Reuter SEVERAL banks in Taiwan have adjusted their deposit rates to comply with the Central Bank's policy of restructuring bank interest ratss, bsnksrs said. Thrse stateowned institutions, Chsng Hwa Commercial Bank. Hua Nan Commercial Bank and First Commercial Bank, cut short-term deposit rates by 0.25 percentage
      Reuter  -  54 words
    • Article
      Lock icon Aluminium import barriers
      69 20 Reuter THE US GOVERNMENT is likely to name alleged Japanese barriers to imports of sluminium semi-fabricated products as a target under the Super 901 clause of the IMS US Trade Act, an official at the Japanese Ministry of International Trade and Ministry said. Japan will discuss the
      Reuter  -  69 words
    • Article
      Lock icon Major Soviet gas find
      43 20 Reuter THE SOVIET Union may have made a major gas find in the strstegicslly vital Barsnts Sea, scene of coetly but fruitless Arctic oil exploration in the last few years, s top Soviet Oil Ministry officlsl said yesterday. Rsuter
      Reuter  -  43 words
    • Article
      Lock icon Japan oil imports down
      46 20 AFP JAPAN'S crude oil imports in July dropped 28.4 per cent from a year earlier to 15,749,000 kilolitree, the Ministry of Internstionsl Trsde and Industry said yesterday. The decline was s reaction to an unusually high level in July last year. AFP
      AFP  -  46 words
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      Lock icon Lift anti-Red law: Chavalit
      37 20 AFP THAI armf chief General Chavalit Yongchaiyuth has called for Thailand's anticommunist act to be lifted and a broader security act to be introduced, the state-run Thai News Agency (TNA) said yesterday. AFP
      AFP  -  37 words
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      Lock icon Hongkong gets fewer tourists
      39 20 AFP The number of visitors to Hongkong, especially from Taiwan, dropped sharply in June following the crackdown on the democracy movement in China, a spokeswoman for a tourist association in the British colony said yesterday.
      AFP  -  39 words
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      Lock icon Jobless figures unchanged
      40 20 AFP THE NUMBER of unemployed urban workers in China totalled 2.86 million at the end of July, an unemployment rate of two per cent for the fifth consecutive year, the New China News Agency said yesterday. AFP
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      Lock icon Mazowiecki elected
      34 20 Reuter SOLIDARITY activist Tadeusz Mazowiecki, a former political prisoner in communist jails, was elected Poland's prime minister yesterday in a vote breaking more than 40 years of communist domination of Eastern Europe.
      Reuter  -  34 words
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    Lock icon The Times defends its decision to reject ad
    354 20 AFP THE Times, in a stinging count-er-attack yesterday, condemned the "impudence" of paid advertisements placed by Singapore in competitor newspapers in London after a Times article on alleged political persecution in Singapore. In a six-column commentary titled, "A lively trade in vilification",
    AFP  -  354 words
  • Article, Illustration
    United Parcel to use S'pore as major hub
    326 20  -  MOVE FOLLOWS THAT OF FEDERAL EXPRESS By JAYARAM MENON SINGAPORE aviation rsceived a boost yesterdsy whsn Unitsd Parcel Service (UPS), one of the world's lesding courier companies, announced that it was to make Singapore a major hub for its South Asia, South-east
    326 words
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    Lock icon Two Malaysian Chinese groups quit economic council
    250 20 AFP TWO INFLUENTIAL ethnic Chinese sssocistions have quit a multi-racial economic council ordered by Prime Minister Dstuk Seri Dr Mahathir Mohamad to draw up an economic blueprint for Malaysis for post-1990. Ths Unitsd Chinese School Teschers Association and ths United Chinese School Committees
    AFP  -  250 words
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    Lock icon Another sex scandal hits Japanese Cabinet member
    184 20 Reuter ANOTHER. JAPANESE Cabinet minister has become embroiled in a sex scandal, but reaction from both the ruling and opposition parties has been muted and the minister is under no immediate pressure to resign. Chief Cabinet secretary Tokuo Yamashita admitted at a news
    Reuter  -  184 words
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    Lock icon Comex gold and silver
    92 20 Reuter COMEX GOLD futures extended Wednesday's drop early as selling yesterday from a stronger US dollar against most major foreign currencies pressured values. Most-active December gold slipped below Wednesday's low of U*****.50 an ounce to post an early bottom at U*****.30. Comex silver futures stood up
    Reuter  -  92 words
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    Lock icon Bank Negara warns of penalties
    147 20 Bernama BANK NEGARA said it would not hesitate to take action against any offending institutions or their directors and staff for any breach of the law or guidelines issued by the central bank. In a statement issued on the third day of the five-day 18th
    Bernama  -  147 words
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    Lock icon Private US study recommends bringing NIEs into OECD fold
    535 20 AP GRADUATION OAY is approaching for nawiy industrialised countries into the circle of wealthy nations that share in global decision-making and help the lees fortunate, says a private US policy study. "Individual NIEs (newly industrialising economies) should be enlisted as soon
    AP  -  535 words
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    Singapore to host next year's Aipo congress
    354 20  -  By AL O LABITA Jr SINGAPORE will host the 11th annual general assembly of the Asean Inter-Par-liamentary Organiaation from Sep 3 to 8 next year. The Republic s hosting of the Aipo meeting, now being held in Manila, waa agreed upon by the
    354 words
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    Lock icon Fund for technical aid to Asean
    156 20 AP SOUTH KOREA plans to create a special fund to finance technical aid to the Associstion of South-east Asian Nations, the Foreign Ministry said yesterday. Officials did not specify the size of the fund, but said fund operations would begin next year and last
    AP  -  156 words
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    Lock icon Australian pilots resign en bloc
    401 20 AIRLINES COULD FACE SERIOUS PAYMENT PROBLEMS Reuter AUSTRALIA'S domestic airline pilots resigned en masse yesterday after airlines started sacking them one-by-one over a pay dispute thst has shut down the nation's air services. The Austrslian Federation of Air Pilots, in an unprecedented move, delivered the
    Reuter  -  401 words
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    SIA carrying domestic passengers
    276 20  -  By SUZANNE SOH STRANDED passengers in Australia can now fly Singapore Airlines on its interline (from one Australian airport to another) flight if seats are available, said an SIA spokeswoman. SIA received the go-ahead from the Australian government on Wednesday to carry fresh passengers between the
    276 words
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      13 20 WJ /H€RRY For professional advice, call PET Computer# 296 7222. 1 I m
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      Page 20 Advertisements Column 2
      292 20 CHEERS! Nothing could —|m Ilia »ii liw of Ihe wines wfw halis »h twra better than 'Ma Ma Mia' and «Oo la la*! From the north of Italy to tha South of Franca. And along tha. way, tha cool coat of Normandy. ou've tried spaghetti and ravioli, now troat your
      292 words
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  • SHIPPING TIMES
    • PORTSIDES
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        Lock icon Melbourne Port back to normal
        62 21 Reuter PORT TRAFFIC in Melbourne has returned to normal after seven days of sporadic strikes by waterfront unions, a Port Authority spokesman said. Two ships remained at anchor in Port Phillip Bay but were expected to dock shortly, the spokesman said. Work bansJmposed by a
        Reuter  -  62 words
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        Mitsui team to hold talks in Teheran
        68 21 MITSUI AND CO LTD sent a mission yesterday to Iran to continue talks on the fate of the stalled Iran-Japan Petrochemical Co (UPC) project. A Mitsui spokesman in Tokyo said that Hirosni Watada, president of Iran Chemical Development Co, the Japanese partner in
        68 words
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        Lock icon NZ seeking lower price for frigate
        83 21 Reuter NEW ZEALAND PRIME MINISTER Geoffrey Palmer is despatching his finance and defence ministers to Canberra next week in a final bid to negotiate a better price from Australia for warships being constructed under the proposed joint Anzac frigate project. Mr Palmer said in
        Reuter  -  83 words
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        Lock icon Shootout in hijack attempt
        82 21 AFP A SHOOTOUT between police and pirates attempting to hijack a fishing trawler in a southern coastal district of Bangladesh left one person dead and seven wounded, press reports said on Wednesday. In an unrelated incident, sea pirates stormed a jetty in Chittagong Port and fled
        AFP  -  82 words
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        Lock icon Seamen held for smuggling cocaine
        48 21 Reuter JAPANESE POLICE arrested a Korean crewman of a Panamanian freighter on Wednesday on suspicion of smuggling the largest amount of cocaine ever into the country. The 12 kg of cocaine was worth 840 million yen (US$6 million), they said in Tokyo. Reuter
        Reuter  -  48 words
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        Lock icon Collision at Chittagong
        36 21 Reuter THE 13,930-DWT Yugoslav motor vessel Trsat reported it was damaged after a collision with the 12,750-dwt Maltese motor vessel Dorm at Chittagong Outer Anchorage on Aug 20, Lloyds Shipping Intelligence said. Reuter
        Reuter  -  36 words
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      Lock icon Court lets certain subsidised tankers ply domestically
      178 21 Reuter THE US COURT of Appeals for the District of Columbia has upheld the right of the US Department of Transportation to allow oil tankers built with federal subsidies to be used in domestic trade if the subsidies were paid back, according to
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      Index to advertisers
      1104 21 ABC ContainorUno s Accord Shpg VIII 3/4 AffS XIH 3 Ahrankiol l»w XII AC Toopfor Xl 5 Amoncon Niogini XII Arrow linos Assoc Corriogo 5 ANl 'Z 2 A PC Urn v 4 ATI V ASCI Alias tin* X* Bolt-Canada bo. IX 4/5 Bolt-Orient Una IX 4/5
      1,104 words
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      Lock icon Fishermen want tanker owners to post bonds of US$2b
      304 21 Reuter ALASKAN FISHERMEN want the US government to require owners of foreign-registered supertankers to post bonds of US$2 billion to cover the costs of any oil spill. Cordova District Fishermen United, a group representing fishermen affected by the massive spill of
      Reuter  -  304 words
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      Calcutta Port unveils ambitious upgrading plan
      275 21  -  By SHIRISH NADKARNI CALCUTTA PORT has worked out an ambitious 5.6-billion-rupee (US$336 million) modernisation programme for India's eighth fiveyear plan, which covers 1990 to 1995. A detailed proposal of the upgrading. which will cover Haldia as well as Calcutta, has been submitted to the
      275 words
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      New M'sian factories boasting initial annual run of 54,000 boxes
      390 21  -  PLANTS EXPECTED TO SUPPLY REGIONAL MARKET By ZULKIFLI ALWI TWO CONTAINER manufacturing plants that are being built in Malaysia will boast a combined initial production capacity of 54,000 boxes once they are completed. Both the plants, being built by Evergreen
      390 words
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      Singapore's bunkering fleet to get two new additions
      301 21 THE UPGRADING of Singapore's bunkering fleet is gathering momentum with the delivery of another two new modern bunker tankers by the end of next month. The 4,000-dwt sister tankers were ordered by Neptune Shipmanagement Services Pte Ltd (NSSPL). which will charter one
      301 words
    • Article, Illustration
      Lock icon The tide turns for world shiprepair industry
      1335 22 Yards flooded with work after a decade of despair Seatrade Business Review RE-ORGANISATIONS, closures, cuts m the workforce. These have become all too familiar in the shiprepair industry over the past decade. Each contrttC*hether large or small, has furiously been fought for by
      Seatrade Business Review  -  1,335 words
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      Lock icon Huge US oil imports fuel optimism among tanker owners
      691 22 Reuter STRONG US DEMAND for imported oil is keeping tanker owners optimistic of higher financial returns in the usually more active fourth quarter, tanker brokers said. "US oil imports were some 8.55 million barrels per day for the first six months
      Reuter  -  691 words
    • Article
      Oakland to standardise rates
      352 22 THE FORT of Oakland will gradually standardise local and overland common point (OCP) wharfage rates for all commodities except cars and steel by April 1 next year. 9ince July 1 last year, the difference has been 75 US cents per revenue ton (US$3.9O per revenue ton
      352 words
    • Article
      Consortia
      161 22 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits porta/Australia, Straits/Japan and the (nember lines: ACE (Far East/Europe): "K";l.ine Korean Shipping Corporation Nep&ne Orient Lines Orient Overseas Container Line Cho> Vang Shipping ANffp (Straits/Australia): Australian National Line Auaftitfla/Straits Container Line Djakarta Lloyd NedOoyd Lines Neptune
      161 words
    • Article
      Container schedules/Ships in port
      2025 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Op Gdn Ship Voy Arrival Tranatainar Schedule* Blk Date/Time Tlma From Tlma To Booking Gate Act Co ntr A»I5» *****9 1400 26/0915 25/1045 Tlnfoit 2 Q5 00 rat 905 Ai Mirqab 43A 2808 89 0700 26/2146 25/2245 NA
      2,025 words
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      Lock icon Aussie reputation under threat
      203 23 AFP AUSTRALIA'S reputation as a supplier of highquality and healthy livestock is under threat as fears of sheep disease spread through the Gulf states of the Middle East, officials in Qatar said yesterday. Australian experts currently in the Qulf to deal with Saudi Arabia's rejection of
      AFP  -  203 words
    • Article
      London Freights
      1049 23 CHARTERING on the dry cargo freight market on Wednesday remained dull with only limited fixing reported. although four iron ore cargoes were covered, brokers said. This business included cover of 90,000 long tons from Tubarao to Kaohsiung at U5514.15 and compares with fixing seen on Monday of three
      1,049 words
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      SHIPPING LIST where your ships are due
      10502 30 AARMUS U Bontang. Djaaagakl. Aug 22/29 NoraaM Sun. NoraaM Una. Aug 2a Ming Ooaan. Yang MMg. Aug 2a SalandM. ScanOutcht. Aug 28. Sha Ha. China Ocaan Shpg. Aug 2a London Ctpraaa. Trtot, Aug 30<P1Q. Evar Ooada. Evargraan. Aug 30. Kaauga 1. Trtot. Aug
      10,502 words
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      15 21 "The Illustrated Encyclopedia of Wildlife Wildlife > Fortnightly at all good bookshops and news-staii 7 STPDMributon ~%|.-}?)]~"\%_{@][%%\;/&,<@/~/'
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      Page 21 Advertisements Column 2
      18 21 Lines and services represented by Members of the Registry of Accredited (jJfQjJj Shipping Agents, Singapore National Shipping Association
      18 words
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      Page 21 Advertisements Column 3
      320 21 Awfefcteafa* good bookthopt Tide turns for shiprepair yards AFTER languishing in a buyers' market for more than a decade, the world's shiprepair yards now face the prospect of filling up bulging order books. PAGE II US oil demand fuels optimism STRONG US DEMAND tor imported oil is keeping tanker owners
      320 words
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      1011 23 JARDINE SHIPPING AGENCIES %11If# 200 Cantonment Road #12 05 Soutl.po.nt. Singappre 0201 \IIIWW Td *****11 TEIiX NO RS ***** OOCL [wi PORT KELANC TU: *****18 Telei No. MA*****/NA39i D«dic„. t .d...cM» v s.-VU., ■mmi.mi sassrar TERMINAL/CFS Td *****18 220 BOOKINGS Tel *****34 235 PESAMi JAROtNE SNIPPING ACENCIES *****6 NORTH AMERICA
      1,011 words
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      Page 23 Advertisements Column 2
      1295 23 MAERSK LINE DESTINATIONS METTE M LARS M REQINA M LAURA M LEXA M MCKXMEV leoa m M Kotx A M Tauro Sailed IK) P( 31* 3/9 7/9 9/9 14/9 21/9 123/9 30/9 5/10 I 7/10 12/10 113/10 To CAliform.i US Gul» 16/9 IS/9 20* ?3/9 25* 27/9 30/9 2/10 4/10
      1,295 words
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  • Page 24 Advertisements
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      862 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ONOON EXPRESS EXPRESS BAY URAMA MARU ENAVON OK tO EXPRESS R P KELANQ SOUTHAMPTON 1/9 1M 2V9 a/S 26/9 2/10 IS/9 3/10 9/10 22/9 10/10 IS/10 29/9 18/10 HAMBURG BREMERHAVEN 21/9 23/9 19/9 21/9 26/9 3Q/9 26/9 28/9 9/10 7/10 3/10 5/10 12/10 14/10
      862 words
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      Page 24 Advertisements Column 2
      382 24 COLUMBUS LINE REEDEREI GMBH |A SERVICE OF HAMBURG SUDI EXPRESS SEMI CONTAINER SERVICE TO EZ3 TAMAITAI SAMOA V-16N 20/9 FORTH BANK V-25N 13 10 IVY BANK V-25N Wll 'Alm AccapHng FCI la Aetwer^Wreewi/F SOUTHBOUND TO PAPUA NEW (ASIA-SOUTH PACIFIC JOINT SERVICE) BORAYBANK VI2S COLUMBUS NIUGINI VK Accepting LCL cargo for
      382 words
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      Page 24 Advertisements Column 3
      774 24 TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEDER) PW. SIN FIX HAH BftE ROT ANT I 23* 24 /8 25/8 19/9 21/9 22/9 23/9 24/9 1 MOftASA SIW *922-3 23/1 24/1 2S/S 19/9 21/9 22/9 23/9 24/9 25/9 NOR ASIA KARL V 823-3 29/8 30/8 IS 2S/9 28* 29/9
      774 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      876 25 CONTAINER SERVICE TO UK CONTINENT fpm PJUaag Sla iTMg tnmmrtm IM an nn w oil oi w m an an w an w w an an an an an am am an a/a an an an am im an am am am am am Mn am am am am am
      876 words
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      Page 25 Advertisements Column 2
      780 25 tk.CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE EPTINQ REEFER jSX. #<mmm MONTHLY LASH LINER SERVICE TO: N«w York, Norfolk, Baltimore, Philadelphia Charleston, Savannah. New Orleans, Mobile Pa sea goo la, Houston, Galveston, Beaumont Camden, Jacksonville FROM: Port Sudan, Karachi, Jamnagar, Bombay Cochin, Madras, Calcutta, Chittagong
      780 words
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      Page 25 Advertisements Column 3
      150 25 ///Mai Sun Hup Co (Ptt J tci 'f. i K \STKKN \l; I; straits/ japan/ mum service 5 iPECIALIST IN RO-RO t HEAVY LIFT sou lm si MATSUYAMA LADY 71 14 OMK' TRADER 2 Mil.IM IMLintermaritime AFRICA (FOREST PRODUCTS SERVICE) T. HAMKK SP PR LOABM6 RMh JOVIAN LOTUS VTPS 17/
      150 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      668 26 IXSINOSE] MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE MTHOOUCMO KYOWA FAST DIRECT B/BULK/CONTAMER SERVICE FROM S'PORE/PK TO QUAM/SAVAN AND MICRONESIA PORTS* ETA SPORE LOAO FOR:EAfiU'Vl 15 SEPT GUAM. SAIPAN 1 SEPT a SEPT 31 ANO MICRONESIA PORTS* •WCROWSIA PORTS DIRECT CALLS ON INDUCEMENT BASIS AND/OR T/SNPT
      668 words
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      Page 26 Advertisements Column 2
      593 26 QO HAN JIN SHIPPING xy FULL CONTAINER SERVICE TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST iAKXN U HAVRE MM Juan's «AY BRIM* I 3WVAMMMM* S par* UHmt* Ita HtV| fIWH 14mm nit \w HH W llfl IW Hi an ivi nit Mfl tut *n va an an i/w
      593 words
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      Page 26 Advertisements Column 3
      102 26 INTEROCEAN UNE 78, 2nd Floor, Jalan 2/71. Taman Tun Dr. lamall, ***** KL. Ta4: 71M734, *****94, *****2® TLX. NO. MA-379U FAX: 03-7173t11 Panang ON: Tat: *0427, *****2 accepting cargoes for the following ports -H GUANGZHOU MARITIME \<g TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG
      102 words
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      Page 26 Advertisements Column 4
      548 26 n EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) evu arriß EVU GREET EVU OOLOCN EVU OOK IVU GIANT 25 S SB m& m «S w u5 w MKT OK TVO ML as as ss ss HH «u w «u uu ALSO ACCEPTING CAMO TO I) MOVMCNCE. MM, MVANNAM. ROCTQN MMONU, wiunncton. xmuoA.
      548 words
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  • Page 27 Advertisements
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      671 27 CONTAINER SERVICES LILI-I li I'L-'I i' yj Uifj -Tf? -ri 1 yy v;T";H M MIM kldtmV^ mm si/a M 7N M 1M IM 4/10 1V1« 14/14 CONVENTIONAL/SEMI-CONTAINER SERVICES •*3** •U HONQKONQ 9BMAPORE LOAOMQ FOR: 17-22/9 09-12/10 11-19/10 I'pWMW .in KARACHI/M.E. GULF VOY HOMOK KOTA RATNA l-HJ 99-10/9 KOTA AOUNQ KOTA
      671 words
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      Page 27 Advertisements Column 2
      414 27 \a BEN LINE CONTAINERS TO UK/COfmNENT M W vm art an an va vm v* im v* ma va na va va va tm m» wp* wm am uv «h hw m am vim a Mf» aw am am ICE FROM UK/CONTINENT FOt u NK&. MO am. in. w m
      414 words
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      Page 27 Advertisements Column 3
      299 27 hrt |«M, Nrt Miiiiik Ow, TIMI. ALSO ACCENTING BOTH CONTAMUS,COhVOITIOMt CAJTOO VIA T/S TO UK ram MUX, L£ NAVM. OSLO, COfCNHACCN, AAMNIS, v r STRAIT! DJAKARTA LLOYD INDONESIAN NATIONAL LINE (A MEMBER OF ANROI mycn MMOMTMMTJMMn VH V 0 fiLW mho «WA»rru/7ino *1 UN l» IW M an V.APORt tna
      299 words
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      Page 27 Advertisements Column 4
      359 27 SHIPPING AGENCIES Sa rin MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon S'port P.Kciang Ptnang Bangkok tVWAVUM Ami jw a«« VMM 31 Auc/3 Sapt «g far THE BANK TAMAfTAI SAMOA VIM 2*9 FORTHBANK V2SN 13/1 IVY BANK V2SN J/1 M 2*9 17/11 21/* JMI irii 4m ii/u 17/
      359 words
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  • Page 28 Advertisements
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      922 28 agtr v 111 K LINE KAWASAKI MM N KAISHA. I ll) iwri M r jw\ifTi»TTi 24(10 a 10 01/11 •PK/PNG 'INDO 2* 3/1 S* l«fl 16* 17* 23* 24* NEPTUNE GARNET OOCL FAIR VIA FEEDER OOCL FORTUNE AMBASSADOR BRIOGE NEPTUNE GARNET OOCL FAIR VIA FEEDER FEEDER VESSEL OOCL FORTUNE AMBASSADOR
      922 words
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      Page 28 Advertisements Column 2
      543 28 EXPRESS CONTAINER SERVICE AcfpOng FCL/FCL Container* MoOn> <u at f-tm f mtm »Aaf ft tS«* 3 S«ft 3 S«pt ft 10 Oct 4 Oct 4 Oct ft S Oct 11 Oct W Oct ft »No* tl Mw 19 No* ft MTM 11 INDIA EXPRESS CONTAINER SERVICE AccspNng FCL/FCL Container* Senwon
      543 words
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      Page 28 Advertisements Column 3
      336 28 G& GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 71 Ttlni a.m C| r 01M TU iXJIB (10 LINCS) Ftl U4JMX STRAITS'POSIAII GULF SERVICE: tton P. K*« FW« 1 80UCJI M«U OriartiMaracMXM to Nrt OOLMN »tM CoiomtoMrKMJub* !/»s•* cm ma soma Ml VIM BiAJI Tantan/Otm to Nrt mifiHfitmn n/u CHINA OCEAN
      336 words
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      Page 28 Advertisements Column 4
      567 28 a PHI LI-ORIENT LINES PTE LTD HEAD OFFICE '0b ROBiNSCN R CMC. BUI.DiNG SINGAF TELE» RS 2B'2P PMILI l'T BEssaiviii, 1 m ITT7T« R3 M.KONG, KORL TOKYO, KEQ.UM, iMMA. MMROK. M SUSAN. JAKARTA MADRAS, CALCUTTA CHITTAQONG IST/WEST AHUCA/ME9. 3M rd 4 LCI I ytr Vi ff' I .1 VUFCLftLCL LOW,
      567 words
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      Page 29 Advertisements Column 1
      960 29 NEPTUNE AGENCES PTE. LTD. 1 K fCPIME SON BHD sr srsf 73*041 (CR NO. **********0E) NEPTUNE ORIENT LINES LTD »i',2 EXPORT UK (VIA SUEZ) I KG 9CP MOTMB VBL/VOY 34/08 B/QS O. Honour 1W 31/00 01/W R. Brid(« 4W 07/0* 06/08 H. Bridf* 5W 14/09 16/0* N. Zircon 3W 21/08
      960 words
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      Page 29 Advertisements Column 2
      124 29 PAN OCEAN >AN) SHIPPING COMPANY LTD REGULAR CONVENTIONAL SERVICES ON"INEN T 3 0 DT 5 •Also accepting inbound cargo from Persian 6ulf/Red Sat Ports on inducement basis. TO USA PORTS S pore BALISA AGENCY PTE LTD 8C p a-aje 3oac '3-0' 02 Parade Singapore '544 Tp'e« RS ***** 3A_SA Fof
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      Page 29 Advertisements Column 3
      27 29 HEIGHT SERVICE BANGKOK 27/8 HONGKONG 30/8, 1/9 BRISBANE, ADELAIDE PORT KELANG 27/8 TEL: *****66 |8 lines) TmrTTTj SOUTHEAST ASIA PTC. Lit INTERNATIONAL FREIGHT FORWARDERS GUARANTEE WEEKLY CONSOL
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      Page 29 Advertisements Column 4
      815 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****1/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PC NAM F. HUM HUSKS MAI THONG SNIFFING 127 Pana«Straal Pan«« Materia M/S HANDLING SYSTEM CO SIM.
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      316 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (34 lines) FAX *****39/*****76 THEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LINES l EB DE'JTFRACHT SEEREEDERE 1 ROS T OCK <1 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE Q2QSHIK3 rm'ii lmnLMm-LMkJLMm^L mwmWSmmuiMWSM
      316 words
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      Page 30 Advertisements Column 2
      299 30 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA 25/8/89 ETD 30/8/89 Duty mMf cargo at PPW/iurong Port/Manna/Sambowang Perita Shpg Trdg P L Tel No 5338&2S Tli: 42% Fax *****86 PERITA CONTAINER LINE Ml AN6KASA MY* ETA In Port ETD K*W
      299 words
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      Page 30 Advertisements Column 3
      358 30 ltd >.REGIONJI CONTAINER LINES ASEAN PORTS BANGKOK sailings a week mm. TW jyi yrrrrr Thur 7/1 TW 7/1 iiO tj I 23 Si tJl.'.Mi' r-.t.n □i 113 i ■-a. a J P.KELANG 3 SAILINGS A WEEK DASWANI Sdn Bhd Pkl (Tel: *****59) PENANG- 2 SAILINGS A WEEK ii;':"irmr?nij'.T' 11 JAKARTA
      358 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      147 30 t Regional Weather ft Wj J. f. 'I 'a. ft A Si SH I SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. AUG 2S. 11 R T T::X' <*«*" Rom Wo»e height Cloudy Sky S«rfoc« winds ore indicoted by ftfiowl which Hy with the wind Q One lull circle ttptcunH
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      477 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE fOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S POKE LOADING FOR 2V* Iraq/Jap* LOADING M iAPAN CSIA/SAIA,</ B. S. C. BANGLADESH NATIONAL LINE (Bangladesh Government Enterprise) MV Banglar Swapna MV Banglar Progotl S PORE
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      334 31 RICHFIELD MARINE AGENCIES |S| PTE LTD TEL *****33 (10 Lines) BIFA* *****15 I TELEX RS ***** RISHIP (3 Lines) IT TITT" (National Lint of Ethiopia) ACCEPTING FCL AND CONVENTIONAL PBVFKO ETA LOAONQ F0« NCTSANCT 2M OAMEBSALAAM. MOMe««». OJWOUTI VOrWM ASSAB MASSAWA. MOOOOAH ■TV ANOMET 20/10 OAAE3BALAAM. MOMBASA. OJMOUTI ASSAB. MASSAWA
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      808 31 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 .4IIHIII.[tTKI 1:1 > I TOKYO/YOKO/KOBE LE HAVRE/HAMBURG FELIXSTOWE/R'DAM KEELUNG/KAOSHIUNG SYDNEY/MELBOURNE L 29/9 A 2/9 27/• A 30/9 1/9 ft 9/9 29/9 4/9 Z7/9 ft 3/9 29/9 ft 4/9 2/9 ft 9/9 VlftlM 9/9 ft 20/9 5/9 ft 9/9 1/9 ft IS/9
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      196 31 BALTIC ORIENT SHIPPING PTE LTO. BAY OF BENGAL SERVICE TIGER BAY 77* 26/8 I. YAMBURENKO *****9 29/8 SUSAK 78N 30/8 LEUVE 9110 5/9 TIGER BAY 79* 6/9 CALABAR 76CNB 12/9 VIETNAM SERVICES HI Ui ITMMTMI ALL LCL/FCL ACCEPTABLE FOR COMPETITIVE LCL RATE CONTACT ANWAR/JEYA CONTACT KMO TELEPHONE NO. TELEX/FAX NOS
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      81 31 DESTINATION ETA SINGAPORE FARGO SHIPPING CO (P) LTD 19, Kappel Raod, #05-07/08 Jit Poh Building, S'pore 0208 L W: *****22, Fax: *****72, k Cable: FARGOLINE ABC CONTAINERIZE N V TO AUSTRALIA/NEW ZEALAND nrr oms as 1* DATS TO STDNET! TO USA/CANADA Norte*. •aMMrt, Na* Yort, Beaten MontrMl, Toronto. St. Mm
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      148 32 EAST PACIFIC MARINE TRADING PTE LTD (SIN6APORE) SCHEDULE SINGAPORE K K M.V. 'AMRTA JAVA I' VOY 3 13 S£PT 54 SEPT ACCEPT INC CARGO FOR KAVIENC, HONIARA, SANTO. PORT VILA. NOUMEA PLUS ANY OTNCR CLOSE PORT. L.N. SHIPPING PTE LTD, TEL: *****11 FAX: *****61 m S.C.I. SMPPVK SML BM. TLX
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      673 32 OcerrSeru/ce m 900 terminah/offieat in mr 36,000 tractors ft tmd 00,000 points in U.S.A. to LCL/FCL tarvicas. Ganaral Agents: C SAV Camp<im.i SudAmeric.m.i de V.tpure> SA Chilean Line Eat 1872 EXPRESS SERVICE TO/FROM CHI XJt (srottl MOTHER VESSEL NK TOKO MICA KM ANTOfVALP SAI STC to. V 1 M AT
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      713 33 Everett Lines VpMv COMPANIA PERUANA \EHL DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* ANO ALL OTHER ialilkJlliMllUi.b'iillk CPV THROUGH BILL OF LADING TO FINAL DESTINATION. MANOLOEVERETT ROSEEVERETT JOHNEVERETT P. Katonc* mi Sap Singapore 21/30 Aug 71 9 Sip 19/21 S»p "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
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      Page 33 Advertisements Column 2
      507 33 Z I M FULL CONTAINER SERVICE MCMtIM FCL/LCL carfOM toI«JW Bert Cent. Carrtbtean.East Canada, HAITI CuitU.li, Vanenoia and Honduras i r-'inT AUSTRALIA CONTAINER SERVICE ZIM YOKOHAMA 26,1 ZIM KOPER tt/9 ZIM MELBOURNE 28/9 TV) !M 11/IO 17/10 26/10 22/10 21/10 ACCEPTING CARGO TO AOELAIOC VIA MCLBOURHI AHO ALSO FCL TO
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      564 33 SING KWANG HANG SHWPMQ TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE L!l l;M :T.W.I P a. VESSEL A VESSEL A VESSEL PORT KELANQ 25 AUG MANILA 25 AUG HONG KONG. ALL CHINA PORTS 26 AUG KEELUNG. KAOHSIUNG 27 AUG BUS AN 29 AUG TOKYO. KOBE 29 AUG CHITTAGONG 28 AUG DUBAI
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      460 33 PERINTIS LINE II weekly full container service WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA PRASETIA PRABHAKTI PRASETIA VOY SINGAPORE JAKARTA ETA ETD ETA ETD 18-19 26/06 28/08 30/06 30AM V .290-291 29/08 30/06 2/09 2/09 20-21 2/09 4/09 6/09 6/09 SINGAPORE TANTO UTAMA General
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      411 33 PTC CONTAINER LINES FCI LCL SERVICE fmiait KEELUNG/KAOHSIUN6 BANGKOK MANILA JAKARTA PORT KELANG/PENANG BUSAN TOKYO/YOKO/KOBE HONG KONG also accepting cargo to Huangpu/Shenzhen/FuAou/ Xiamen/Xingang/Shanghai LDN/FLX/LVP/SOU RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland destinations ■M/MiiM TT^ L.A./NYC/SFO VANCOUVER/TORONTO/MONTREAL G«n«ral Age n t» POH TIONG CHOON SHIPPING (PTE) LTD T E.
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      755 34 iA k w TO PBW HYUNDAI INNOVATOR HYUNDAI EXPLORER HYUNDAI COMMANDER HYUNDAI PIONEER MERCHANT MARINE CO., LTD. EASTBOUND TO USA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE HYUNDAI CHALLENGER SIN HKC LBN OAK SEA FROM P3W 2IE 2IP 31P 11/09 21/09 24/09 HYUNDAI CHALLENGER 2SE Olp 07/ M 29/09 2S/M W/10 HYUNDAI
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      483 34 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST NAGOYA YOKOHAMA OSAKA SRI LANKA/ INDIA AS EUROPE/ UK KARACHI CALCUTTA CMITTAGOMC II wrn ALL PORTS 11/8/19 REGULAR CONVENTIONAL SERVICE TO bsm SWISS SHIPPING PTE LTD S3 T«lok BUacah Road OM-OT. T»lok BlMnk
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      457 34 jm- r— f KC&TMi FN DMA •AM MAM WA KWAI S-a-lt:- His Cl! r* -M« Aco-bw La Cmm to OUMI 'wqMoSrvu ouAo TO: SOUTH AFRICA ITA «N DUWAA f. aa 9*£ rnm WIMO 52 1* Sfi WDU.OYD COLOMO «P W» TO: SRI lANKA/INDIA/PAKISTAN nA SM COtOBK MAACW OCCAII UmtMWI MA
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