The Business Times, 29 August 1989

Microfilm: NL16694
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, AUGUST 29, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    219 1 Dow down WALL STREET stocks trimmed their losses as bond prices, which had been down more than half a point in early trading, lifted off their lows yesterday. The Dow was off 4 points at 2728, with declines leading advances by a three to two margin. Reuter
    219 words
  • Article, Illustration
    Markets fall ahead of US GNP figures
    263 1 THE SINGAPORE stock market closed lower in thin trade, while Japanese share prices also fell ahead of US economic data to be released today. Local share prices opened firm but later slipped on profittaking and a lack of followthrough buying after recent gains.
    263 words
  • Article
    Singapore Telecom can be privatised: report
    477 1  -  FEASIBILITY STUDY ONLY THE FIRST PHASE: BOARD CHAIRMAN By JOHN TAN SINGAPORE TELECOM has moved one step closer to being privatised with the favourable conclusion of a feasibility study. The report, submitted to the Ministry of Communications and Information about two months ago, has
    477 words
  • Article, Illustration
    Telecom's three years of record revenues
    318 1 FOR THE THIRD YEAR running since 1986, Singapore Telecom has turned in record revenues, making it one of the most profitable statutory boards. In the year ended 31 March, 1989, the telecommunications authority posted another record net revenue of $620 million. After allowing $60
    318 words
  • Article
    Lock icon Kaifu to tell Bush US must attack basic trade woes
    282 1 Reuter JAPANESE Prime Minister Toshiki Kaifu plans to tell US President George Bush on Friday that Japan is ready to discuss its root economic problems but the United States must be prepared to do the same. Mr Kaifu, who took
    Reuter  -  282 words
  • Article
    'S'pore offer to US implies M'sian threat'
    530 1  -  By DAVID CHEW AN UMNO leader says that Singapore's offer to host US military facilities has given the impression that the Republic sees Malaysia as a threat and hence, the need for a deterrent. Datuk Abdullah Ahmad Badawl, a vice-president of the United
    530 words
  • Article
    Dai Nippon, Times Pub in tussle for control of Tien Wah
    527 1  -  By LEE HAN SHIH PRINTING giant Dai Nippon Printing of Japan is engaged in a behind-the-scenes tussle with newly-listed Times Publishing Ltd (TPL) of Singapore for control of Tien Wah Press Pte Ltd. Sources said TPL has made several
    527 words
  • Article
    How far can unit trusts grow?
    102 1 AFTER 16 months of uncertainty, Singapore's unit trust industry is poised to expand. But just how far can it go? Fund managers are relieved that the government's latest ruling has finally clarified the tax status of unit trust profits. Still, they argue that even
    102 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      164 1 Nikon The World s Finest Photographic System. Beef is Boss atJackjs What makes Jack's Place one of Singapore's favourite Restaurants It's not only our ambience, the friendly service and the affordable prices. It's because we serve our famous mouth-watering, tender juicy steaks just the way you like it, everytime. Be
      164 words
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      Page 1 Advertisements Column 2
      167 1 Full report, PAGE 16 Regional mkts, PAGE 18 Editorial Comment: 10 Conflicting interests Batam Island 11 Poised to move into next century Changi Beach Club 2 Members resist rule change Transtech Venture Management .2 Investing in contact lens maker Superskllls 3 Taking the hi-tech path US bases 4 Congressional mission
      167 words
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      Page 1 Advertisements Column 3
      8 1 More stories on Back Page and Page 4
      8 words
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      Page 1 Advertisements Column 4
      48 1 Nikon The World s Finest Photographic System Sm PAGE 10 y c 'onto. dp Wy 1: POUR HOMME /ado/ 6e Cartier mu/t" d? Cartier Boutique/ SINGAPORE #01 -36, Lucky Plaza. 304 Orchard Road Tel *****27 #01 -04. The Shopping Gallery, Hilton International Singapore. 581, Orchard Road Tel: *****95
      48 words
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  • HOME NEWS
    • Article
      Number of vehicles rises to 510,327
      196 2 THE NUMBER of vehicles rose by 6.7 per cent to 510,327 at the •nd of last month compared to July last year. Of this figure, motorcars made up over 49 per cent, according to the Registry of Vehicles. Overall growth rate for 1988 was
      196 words
    • Article
      Taxi surcharge for current phone bookings up $1
      170 2 TAXI COMMUTERS wanting the luxury of being picked up from home will have to pay more from Friday. The surcharge for current telephone bookings will go up from $1 to $2, but the surcharge on advance booking will stay at $3. Any
      170 words
    • Article, Illustration
      Changi club members resist rule change
      484 2  -  By MAGDALENE NG THREE HUNDRED members of the Changi Beach Club (CBC) have voted in favour of two resolutions aimed at keeping their membership transferable at an extraordinary general meeting held last Saturday. The members now want the Singapore Sports Council (SSC) and the
      484 words
    • Article
      Honours for Prem, Choo Hoey
      184 2 GENERAL Prem Tinsulanonda, former Prime Minister of Thailand, and Choo Hoey, music director and resident conductor of the Singapore Symphony Orchestra, will receive honorary degrees this morning at the first of 12 convocation ceremonies of the National University of Singapore this week. President Wee Kim
      184 words
    • Article
      CPF hotline logs three million calls
      109 2 ALMOST three million calls have been made to 732-9944, the Central Provident Fund's phone-in information hotline, since the service started in 1986. According to a CPF statement yesterday, the board's Personal Auto Link service also received 8.2 million inquiries from members over the three
      109 words
    • Article
      PWD to take over car park planning
      113 2 RESPONSIBILITY for planning of public car parks will be transferred from the Urban Redevelopment Authority to the Public Works Department under the Planning Act 1969 from Sep 1. A National Development Ministry statement yesterday said the transfer would enable the PWD to carry
      113 words
    • Article, Illustration
      W Australian trade show at Raffles City
      321 2  -  By SHOEB KAGDA SOME 100 Western Australian companies will take part in a trade and consumer exhibition to be held here in October, seen as an effort to maximise Singapore's locational advantages. Though the exhibition is expected to attract about 400,000 people, the
      321 words
    • Article
      RSAF to unveil fault-testing device at Bandung QC convention
      174 2 AN AIR FORCE Work Improvement Team will be presenting homemade fault-testing device for anti-aircraft guns at a quality control circle convention in Indonesia next week. According to a defence ministry statement, the RSAF WIT 12 technicians and mechanics who call themselves
      174 words
    • Article
      Venture capital firm invests $1.4m in contact lens maker
      379 2  -  By GENEVIEVE CUA A VENTURE CAPITAL firm will be pumping about $1.4 million into Oculus Contact Lens, the Republic's sole contact lens maker which is gearing up to triple its capacity by next year. Transtech Venture Management will be financing the
      379 words
    • Article
      TDB's Young Designers Award draws more than 500 entries
      199 2 A TOTAL OF 551 entries has been received for the Trade Development Board's Young Designers Award competition being held aa part of the national design promotion effort. This includes a doubling of entries from the secondary achools, junior colleges and pre-university
      199 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      456 2 «—I "4. ■»r~——« r ■wtoiiir.i u V» (»»jrttdtotih# COMPAQ DESKPRO 386s »v Sau-dettfrsi I I,t r# MMIWIi Ik r— tarn I t.p- I r rs fdW --4 v »f ImJ COMPAQ PORTABLE 386 CD r® COMPAQ DESKPRO 386/33 The Ccmpaq 386 line of personal computers. Think of it as a
      456 words
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  • TECHNOLOGY
    • Article, Illustration
      Lock icon Almost touching the clouds of Neptune
      106 3 AFP THE SPACECRAFT Voyager 2 was 4.8 million kllomatres from Nsptune whan this photograph was taken. The Image waa the first that tested the accuracy of the weather forecast that was made eight days earlier to select targeta for the Voyager narrow-angle camera. Three
      AFP  -  106 words
    • Article
      Lock icon FBI hails DNA profiling as forensic breakthrough
      648 3 NYT QUIETLY, without fanfare, the Federal Bureau of Investigation in recent weeks introduced into everyday American criminology a revolutionary laboratory identification process ONA profiling that is considered the most important breakthrough in forensic science since fingerprinting. The procedure had been confined to very
      NYT  -  648 words
    • Article, Illustration
      Superskills — taking the hi-tech path
      512 3  - Superskills taking the hi-tech path LOCAL TYPESETTING FIRM INVESTS $1m IN NEW EQUIPMENT By JEFFREY TSANG COMPUTERISATION has been a keystone in the phenomenal success of local typesetting company Superskills Graphics. The company, which has captured a lion's share of business in Singapore, is investing more in high-technology to increase
      512 words
    • Article
      PostScript printers — if money is no object PostScript printers — if money is no object
      732 3  - PostScript printers if money is no object PostScript printers if money is no object to Jeffrey Tsang POSTSCRIPT is the buzzword among DTPers (desktop publishers) looking for an upmarket printer. And now, the most frequent question asked by PC users in general is: which laser printer to buy, the PostScript
      732 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      209 3 Ask me why I'm getting a new Cefiro and IV lie. 11l tell you about how the Cefiro has features not found on even the most prestigious European luxury sedans 111 go on for hours about the Cefiro's DUET-EA, for enhanced road handling and fuel efficiency. And theDUET-SS Supersonic Suspension
      209 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      218 4 iV V v > xT JV £3?^ Jfe. e V <?* f Finally a laser printer that doesn't assume your company prints money Desktop publishing as won earts g ut th e pocket books of few. N°* Epson removes the final barrier to affordable laser printer excellence with the GQ-5000
      218 words
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      Page 4 Advertisements Column 2
      18 4 SHANGRI-LA INTERNATIONAL: SINGAPORE 235 1311 SHANCM LA IWTMMATIONAL NOTU-S M HSMTS OWN* Wl HONG KONC MALAYSIA HNbAKMK THAILAND
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      74 4 ///A Global tamparalura* and wtithtr conditions on Aug 27 Singapore OUTLOOK: Sti pactod In Mw ••port for 24 .to 7,30pm on RaMaN In nan..... RalnM ftta arth_ Rainy day* Ma m 33/23 Rain 18/14 dowdy 27/18 door 18/14 Cloudy 25/18 Cioar Madrid Manila Moxieo City Mlomi Montreal Moscow Nassau Now
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  • FOREIGN NEWS
    • Article
      Lock icon US mission confident about bases
      464 4 CONGRESSMEN CONSCIOUS OF IMPORTANCE OF FACILITIES AFP A US CONGRESSIONAL delegation yesterday expressed confidence about the future of US bases in the Philippines amid mounting opposition in Manila to the American military presence. "I feel very strongly that we are close allies and we'll be
      AFP  -  464 words
    • Article
      Lock icon Seoul plans tax on land owners to curb soaring prices
      285 4 AFP SOUTH Korean President Roh Tae-Woo announced plans yesterday for a heavy new tax on land owners from next year to halt rampant real estate speculation and skyrocketing land prices. Mr Roh said that land prices had increased 8,000 per
      AFP  -  285 words
    • Article
      Lock icon Better days for South Korean building firms
      171 4 Bernama SOUTH KOREAN firms which were hard-hit by the recession two years ago are bracing for an upturn In the construction industry, especially in South-east Asia and West Asia. A statement from the office of the Korea Trade Promotion Corporation (Kotra) in Kuala
      Bernama  -  171 words
    • Article
      Lock icon Khmer Rouge must be part of govt, says China
      322 4 Reuter THE Khmer Rouge must be included in a future Cambodian government, China said yesterday in a hard-hitting commentary issued shortly before peace talks were due to resume in Paris. China is the main supplier of weapons and aid to the
      Reuter  -  322 words
    • Article
      Lock icon China closing some companies to 'clean up and rectify' businesses
      299 4 AFP CHINA has decided to shut down a number ot unwanted companies in a campaign to "clean up and rectify" existing businesses, the official New China News Agency (NCNA) said on Sunday. Companies that are redundant unqualified, badly managed, insolvent
      AFP  -  299 words
    • Article
      Lock icon Spain to end state TV monopoly
      221 4 NYT THE SPANISH government has awarded three 10-year commercial television licences, marking the beginning of the end of state monopoly over television broadcasting. The competition for the licences attracted international media investors, including Silvio Berlusconi and Rupert Murdoch. All three successful bidders have strong
      NYT  -  221 words
    • Article
      Lock icon Presidential aspirants in 1988 spent US$210.7m
      169 4 NYT THE 16 candidates who received public money in last year's presidential primary elections raised U*****.8 million and spent U*****.7 million, a final tally by the Federal Election Commission shows. Of the total. US$l4l.l million, or 66 per cent, was from individuals, U5565.7 million,
      NYT  -  169 words
    • Article
      Lock icon Malaysian exporters urged not to depend on cheap ringgit
      294 5 Bernama MALAYSIAN exporters should learn to stand on their own feet to ensure the competitiveness of their products rather than depend on a cheaper ringgit and subsidised interest rates, a financial consultant said. "As such, the ringgit should be allowed to
      Bernama  -  294 words
    • Article
      Lock icon KL plans coastal reclamation stretching from Perils to Johor
      219 5 Bernama THE MALAYSIAN government will launch a 3.2 kmwide coastal reclamation project along the peninsular west coaat from Perlia to Johor to increase national land surface area, Datuk Seri Or Mahathir Mohamad said yesterday. The Malayaian prime minister announced this when
      Bernama  -  219 words
    • Article, Illustration
      Lock icon Queensland PM faces leadership challenge
      253 5 AFP QUEENSLAND Premier Mike Ahem faces a leadership challenge at an emergency party meeting today after three of his senior government ministers resigned yesterday. Mr Ahern, state premier since 1907 when the archconservative Sir Joh Bjelke-Petersen was dumped in a party coup, said he would
      AFP  -  253 words
    • Article
      Lock icon Japan set to replace US as Asia's top trading partner
      435 5 MBT JAPAN will overtake the US as Asia's leading trade partner in two years, according to analysts interviewed in PHP Intersect, a Matsushita publication. This finding is drawn from Japan's imports from Asia which grew 66.6 per cent from 1986
      MBT  -  435 words
    • Article
      Lock icon LDP-backed man wins narrowly in mayoral polls
      373 5 AP A CANDIDATE backed by the ruling Liberal Democratic Party in a major mayoral election in Kyoto squeaked past a divided opposition on Sunday, in an election being interpreted as a weathervane of how the floundering conservative party may do in upcoming national
      AP  -  373 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    981 5 ARRIVALS Operator Sorvfco Local From numbor Hmo MAS MH630 0920 Km ACA AC888 092S YYZ/LON/BOM SU SQ103 0950 KLM. CAL a 806 1000 CGK OA CX710 1000 CGK IAW IA0U 1020 LHR/AUH MAS MH33A 1020 KUL GU GA893 1045 AMS/VE/AUH GU GA960 1100 CGK 1 su SQ105
    981 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      236 5 NEW YORK CdU your travel agent or Air QmscU at 732 #555. The business person's choice every Tuesday, Thuntby, Saturday md Sunday. Leaving Chang Airport at 22:05 hours and arriving at La Guardu or Newark International Airports the following day. A Breath Of Fresh air <s> Air Canada Improve Your
      236 words
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      Page 5 Advertisements Column 2
      97 5 Followers or leader... 1.... >*v. Kn y 2 3 •t; f}: m V $4135**5 /i > V X um tv ii> Baume Mercier GENEVE MAITRES HORLOGERS DEPUIS 1830 II kUlii* IN >i i A'/' it m BKYONI) PERFECTION. li. J I'll I Ul. t<Minis .m«1 srv in-1 i-nlri'-c >t.llii.< K
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      68 5 SHE U/ORKS UKE A P6MON AT this urne decorating amese I SET UP FD& HER, ANP YET SHE STILL PENCILS IN PLENTY OF TIME FORME' I CANT TELL YOU HOW SUPPORTIVE THIS UTTLE GAL IS! 1 BY GARRY TRUDEAI KATHY MAG ALWAYS TEARJNG ME POMN, REMINDING ME OF WHERE I
      68 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Options
      706 6 Hongkong Bank SINGAPORE: THE FOREIGN exchange market was quiet yesterday, with London and Hongkong on holiday. The US dollar's underlying bullish sentiment remained intact but fears of central bank intervention and the release of a batch of US economic indicators this week capped the dollar's rise. The Bank of
      Hongkong Bank  -  706 words
    • Article
      Lock icon IMM
      236 6 Reuter IMM CURRENCY futures closed lower last Friday after unflagging demand for the dollar plagued contract values, traders said. With no change in fundamental factors, trading was slow. Prices rose ahead of the close of European markets as traders covered short positions ahead of the UK holiday yesterday. But
      Reuter  -  236 words
    • Article
      Options
      1276 6 CURRENCY FUTURES OPTIONS Monday, August 28, 1989 DEUTSCHE MARK (SIM EX) 3 !< i i Sap i 88 pxli Low 52 nign II* 53 203 54 300 JAPANESE YEN (SIMEX) 3«p M calls MM I a. N Ss( t m pun 71 IS LM SaO 72 259 73 356
      1,276 words
    • Article, Illustration
      Money markets
      74 6 THE overnight rata on tha Singapore monay market closed 1/16 point lower at 5-3/16 per cent yesterday. Term rates were all unchanged. IndklM Mm >wf>Q» of the prime landing rales at, 12 major banks In S'pora S$ bit erbank rates at the das* yesterday: rv ow» to WW«»g*
      74 words
    • Article
      Government securities market
      109 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BIO Offfft UGH LOW 3 iwewrtu BQ*****W 23.11.89 4.26 4.21 6 BS*****V 18.01.90 4.19 4.14 1 y«or BY*****F 24.05.90 4.30 4.25 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BID OFFK HtGH LOW
      109 words
    • Article
      World interest rates
      168 6 Interbank market ratee (offer/bid) on Aug 28 us$ DM SWFC Y«n 7 doyi 1 <■* 3 ■*> 13 M* •7/* 7/« i J/16 13/1* IS/1* 13/1* 71% 3/4 M i/a—14 14 —13 7/a 13 IS/I* 13/1* 13 7/a 13 3/4 13 1/3— 13 3/a IS/U— 13/1* 7
      168 words
    • Article
      Lock icon Asian dollar market
      275 6 Reuter ASIAN DOLLAR deposit rates ended at their opening levels in quiet trade yesterday, dealers said. Most operators were sidelined and reluctant to open new positions in the absence of fresh factors and ahead of this week's release of a batch of US economic figures. Short-dates and
      Reuter  -  275 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      83 6 $10; -t-'jr? 3; ■I SKW MK M sits K in un*i K :wi hk is 2 11 i s rcMKic taj< P&F&JS&P IJEwiara I -4» ;«i Miiis ;ik •if i« rial I tfllMflKtS rjgtlipllivaviii L'<i V- i T/'* Hit, x WK, V-. v"I C aws W' I >'>7Ni- m >#
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  • BANKING AND FINANCE
    • Article
      Lock icon Simex
      512 7 Reuter EURODOLLAR futures closed lower yesterday compared with last Friday's Chicago levels on profit-taking and position adjustments in quiet trading, dealers said. They said most operators were cautious about taking large positions before this week's release of a batch of US economic figures, including today's revised second quarter GNP
      Reuter  -  512 words
    • Article
      Lock icon Japan may raise Euroyen open position limit
      148 7 Reuter THE JAPANESE Finance Ministry is considering raising limits on the open positions allowed in threemonth Euroyen futures contracts listed on the Tokyo International Financial Futures Exchange (Tiffe), a ministry official said. Foreign traders have comfAained that current restrictions are keeping them from
      Reuter  -  148 words
    • Article
      'Open outcry still the best in promoting futures liquidity'
      240 7 OPEN OUTCRY trading is still the best system to promote liquidity in futures trading despite the introduction of electronic trading, said Gerard Pfauwadel. The visiting chairman of Matif, the Paris Financial Futures Exchange, said during a half-day presentation in Singapore yesterday
      240 words
    • Article, Illustration
      Citicorp chief in S'pore as part of Asian-Pacific tour
      255 7 JOHN S REED, the chairman and chief executive officer of Citicorp, the largest financial group in the US, will be in Singapore for a three-day visit. Mr Reed, 50, is on a tour of Citibank branches in the Asia-Pacific. Citibank is
      255 words
    • Article
      Hong Leong Finance to attract customers with gifts, lucky draws
      239 7 THE HONG LEONG Finance group is set to win more fixed deposits in the coming months when its gift-cum-lucky draw scheme comes into effect this Friday. From Sep 1, fixed deposit customers with Hong Leong Finance or its 75 per
      239 words
    • Article
      Lock icon Tokyo stock market to list US bond futures
      106 7 Reuter THE TOKYO Stock Exchange (TSE) is to list US Treasury bond futures contracts in early December, a TSE official said. The TSE will list standard 20-year maturity 8.0 per cent bond futures con- tracts, the official said. Five contracts will be
      Reuter  -  106 words
    • Article
      Lock icon Nomura Securities' profit expected to fall 7pc
      243 7 Reuter NOMURA SECURITIES Co Ltd will see a 7 per cent drop in current profit for the interim ending Sep 30. 1969. from the previous six months, while results for the other big three brokers will be largely unchanged, the Nikkei Shimbun reported
      Reuter  -  243 words
    • Article, Illustration
      ECICS posts $2.3m operating surplus in first half
      446 7  -  Factoring now the group's main business By QUAK HIANG WHAI INSPIRED BY its growing factoring business, the Export Credit Insurance Corporation of Singapore group (ECICS) has reported an unaudited operating surplus of $2.3 million in the first half of this year. This
      446 words
    • Article
      Lock icon Uphold integrity of insurance contracts underwritten, says Jaffar
      671 7 Bernama INSURANCE COMPANIES must maintain financial discipline and uphold the integrity of insurance contracts underwritten if they are to improve their image and gain public confidence, the director general of insurance Tan Sri Jaffar Hussein said yesterday. While calling on directors and
      Bernama  -  671 words
    • Article
      Lock icon Philippine fund to be launched
      144 7 AFP JAPAN'S Nomura Securities, Credit Lyonnais of France and the US's Merril Lynch and Dil-lon-Read will take part in a mul-ti-million dollar Philippine special fund, the Philippine News Agency (PNA) said. The fund, which aims to pool investments worldwide for channelling into ventures in the
      AFP  -  144 words
    • Article
      Lock icon BNZ rights issue undersubscribed by 1.3pc
      277 7 Reuter BANK OF New Zealand Ltd's seven-for-10 rights issue to raise NZ$4O5 million was undersubscribed, the bank said in a statement. Chairman Syd Pasley said 7.5 million shares, 1.3 per cent of the 579 million on offer, had not been taken up. "That is
      Reuter  -  277 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      66 7 Continental Bank Bringing Partners Together By Creating Strategic Business Opportunities Global Fund Raising for Venture Capital Funds Direct Venture Capital Investments Private Equity Placements Cross Border Mergers Acquisitions Over 350 Institutional Investors Throughout The Asia/Pacific Region Offices in Asia: Singapore Hong Kong Tokyo In Singapore contact: James M.F. Yip Senior
      66 words
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      Page 7 Advertisements Column 2
      55 7 Today's Business Observation: Now pleasure is only 5 minutes away from business. THE Hyatt TOUCH HyattQkinabalu International llvatl KiiuKalu International jalan lXiiuk Salleh Sukmg Kola Kinahalu Sahah Malaria Iclcx: H0036 A [*KK lei. 088-*****4. Fax. 088-2259/2 hTrvwaimns at over 150 Hvan Hotels and Rcvirs mirUwide. tall v.»ur nearest llvatt Hotel
      55 words
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  • COMMODITIES
    • Article
      Lock icon Surge in registrations of Brazilian coffee exports
      530 8 Exporters rush to take advantage of low prices Reuter BRAZILIAN exporters rushed to register exports during the week, partly to take advantage of low minimum registration prices. Also, there were fears the Brazilian Coffee Institute (IBC) would halt exports. Despite the surge in
      Reuter  -  530 words
    • Article
      Lock icon M'sian miners deplore large disposals of tin stocks
      332 8 AFP MALAYSIAN MINERS said yesterday that the tin market was soft and sensitive and should not be disrupted by huge disposals of the metal to traders. Tin prices were depressed in recent weeks by large disposals on the London Metal Exchange. Dealers
      AFP  -  332 words
    • Article
      Lock icon Jakarta to retain current oil-pricing formula for Japan
      268 8 AFP INDONESIA will retain its current oil-pricing formula for sales to Japan, Mines and Energy Minister Ginanjar Kartasasmita said in Jakarta last Friday as talks with Japanese buyers continued. "There have been calls for change in the pricing formula for Indonesian oil,
      AFP  -  268 words
    • Article
      Lock icon Rubber
      344 8 Reuter SINGAPORE: Rubber prices closed slightly higher yesterday, with September 1 RSS buyer quoted at 169 00 cents a kg, up one cent from last Friday's close. Dealers said prices were tittle changed throughout the afternoon in quiet trade. On the TSR-20 Award market prices held steady from early
      Reuter  -  344 words
    • Article
      RAS and MRELB
      296 8 RAS prices In 3 omMo, FOB In bnta NOON CLOSE Bwyofs Sellers Ivyors So) Ion bt 1 RSS Prompt 169.00 170.00N 169.00 170.00N bt 1 RSS Sop 169.00 170.00 169.00 170.00 bt 1 RSS Oct 171 JO 172 JO 171 JO 172 JO Int 2 RSS Of
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    • Article
      SSR and SMR
      83 8 SEPTEMBER 1969 OCTOBER 1989 (currant month) (forward month) RAS NOON NOON kytn Saltan >wy«n S*M*n SSR 30 1 J 3.00 155.00N 154.00 156.00N SSR 50 151.00 153.00N 153.00 1 54.00N MRELB Buy*" SaBri 8vy«n h rl SMR CV 316.00 31 BOON 318.00 330.00N SMR I 316.50 318.SON
      83 words
    • Article
      Produce Prices
      199 8 Chinese Produce Qoabtg prtoos on August 28 Exchange Coconut Oil (M*/ 100kg) SoMon' noon doting pric *i on Now drums 133.00 August 28 (SS/100 kg) 2nd hand drums 127.00 Coconut oil Mi Local In bulk 118.00 115.00 Bulk FOB 93.00 Copra (m$/i ookg) No 1 (ostato) Otd drum
      199 words
    • Article
      KL Tin
      158 8 STRONG BUYING demand helped the Kuele Lumpur Tin Merket (KLTM) price rtee 17 een to M 522.82 a kg at the dose yesterday, broker* said. Laet Friday'* eherp rtee on Vie London Metal Exchange (LME) eparked short-covering, which waa a* rtntcito n in® upwi wwi high bide of
      158 words
    • Article
      Lock icon Crude Oil and Products
      135 8 Telerate FUEL OIL prices were notionally unchanged from late last week's levels in quiet dealings yesterday. Traders said market sentiment remained bearish on the back of high availabilities still uncommitted. A first-half October cargo was reportedly sold at $86.35 mt cif Sing. Sell indications were at
      Telerate  -  135 words
    • Article
      Palm Oil
      371 8 MALAYSIAN crude palm oil futures (CPO) losed mixed in quiet trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers said the decline on the Chicago Board of Trade (CBOT) last Friday and buyers' reserve prompted operators to the sidelines. There were no other factors to stimulate activity and
      371 words
    • Article
      Lock icon Precious Metals
      307 8 Reuter TOKYO: Yen-denominated gold futures closed five to 10 yen per gram easier in thin, lacklustre trade yesterday, dealers said. Follow-through selling after weak New York prices last Friday pulled prices down at the opening. However, losses were cut in later sessions on the dollar's strength against the
      Reuter  -  307 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      156 8 At the Carlton Brasserie, you droit bane to be French. Just busy. m 7 a ►7 c t/ At the businessmen's lunch in the Carlton Brassene, you'll find an informal, friendly setting with French cuisine, some with a taste of the Onent. daily specials and an excellent selection of wines
      156 words
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      Page 8 Advertisements Column 2
      98 8 OUR HEARTMEST CONGRATULATIONS TO THE MANAGING DIRECTOR OF QMS PTE LTD MR CHUA LEW KEE (PBM) ON BEING AWARDED THE BBM 1989 BY THE PRESIDENT OF SINGAPORE From MANAGEMENT A STAFF OF AIM MARKETING CONCEPT (S) PTE LTD COURSE OBJECTIVES At the end of the Seminar,you will be a more
      98 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      341 9 IFYOUCANFMD FOR LESS, WEIL GIVE YOU OURS FREE. It won't be easy to find a computer that offers you more than our new Wearnes Boldline M Series for less than our very reasonable price of 552,550. For starters, no other computer has a built-in upgrade system on the motherboard, capable
      341 words
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  • PERSPECTIVE
    • Article
      Conflicting interests
      512 10 THE STOCK Exchange of Singapore is now ooking into ways of preventing too incestuous a relationship springing up between the broking business and the corporate entities it trades in. rhere is talk that the SES could be looking at lew rules that will bar broking directors from sitting
      512 words
    • Article, Illustration
      Unit trusts: a sigh of relief
      2292 10  -  The uncertainty clouding Singapore's unit trusts has finally been lifted. Plans for a sliding scale tax scheme have been scrapped in favour of a plan that levies an effective rate of about 3 per cent. Local fund managers believe the new ruling will enable
      2,292 words
    • Article, Illustration
      Lock icon Extending make-believe world to the polls
      593 10 Reuter STARS of the world's biggest film industry will transform India's coming general election into a glamorous fantasy if events run according to the script of a southern state s chief minister. Many of the stars have already taken sides between Prime Minister Rajiv
      Reuter  -  593 words
    • Article, Illustration
      Lock icon Batam Island poised to move into next century
      1259 11  -  By SUKARDI ABDUL GHANY Bernama LYING just 20 kilometre south of Singapore and linked to the island republic by an efficient and regular ferry service, Batam Island was once part of the larger Malay Sultanate that ruled the archipelago a few centuries
      Bernama  -  1,259 words
    • REGIONAL VIEWPOINTS
      • Article
        US bases debate goes on
        507 11 INDONESIA "THE REACTIONS caused by Singapore's recent announcement that it is willing to offer certain facilities to US military forces, and the debate that this has started in neighbouring countries, especially Malaysia and Indonesia, have been beneficial in the sense that they have encouraged Asean
        507 words
      • Article
        Case for revamping bank lending policy
        371 11 MALAYSIA "FOR FAR TOO LONG Malaysian banks have depended on collateral-based lending as a form of insurance against bad lending decisions. However, some of them found out to their extreme chagrin that even ample collateral is inadequate in times of severe downturns for property
        371 words
      • Article
        Beijing officials are wrong to stay away
        316 11 HONGKONG SENIOR mainland Basic Law drafters should reconsider their decision not to visit Hongkong because of perceived public hostility to the Chinese government. The negative feelings towards the Chinese authorities can only be eased by dialogue, not distance. Staying away at this time
        316 words
      • Article
        Peace movement back on track
        278 11 JAPAN THE ANNUAL RECURRENCE of war rememberances has been less tense than ever in the last two week os antinuclear arms activities centring on August 6 and 9 and ceremonies on Tuesday marking Japan's defeat in World War 11. Evidently, the change of era to
        278 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      177 10 Managers must manage. BT shows you how every Monday. Goodness OfQuality US Beef Rices! i l. n iff Tender, succulent cuts done Japanese or American style. Now, you can enjoy the wholey some goodness of quality M US Beef in a wide selection of q* preparation styles. At valuepacked prices!
      177 words
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      Page 10 Advertisements Column 2
      29 10 TAKE ADVANTAGE Buy with PARF price. RK\\l I I 1 TTy, U' v 14 HI \\l I I n A V M LBS KH ROM) SMMPOK 0315 TB. *****11
      29 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      34 10 Rn Stow: FiarJc I vrs Aofuu-v outer jnvcs is on MOLID«7. ,cC*S we Scveß ft GfcfcfcT BUT prf lepsst mc CO^NY... Y& TON€i£§s UMiSTL£.."ruc \NRHG GtGGIX. -TV4G QOCP»SIOMAI STING F*gn gfc «*u. ft.rnec pfl^R
      34 words
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      Page 11 Advertisements Column 1
      144 11 DRIVE OR BE DRIVEN? Ti un Q nrinrj r<i jn ij ■J I J! J I z Either way, with a Hertz car you're okay. But if you happen to be a busy executive, you'd probably appreciate our chauffeur-driven vehicles. That way, we do the driving and you can concentrate
      144 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The dazzle of night fishing
      730 12  -  LEISURE -*y MARGOT PAGE NYT •THE THING about night fishing is that you, well, fish at night. That's in the dark, with bugs, Unfamiliar terrain to stumble f>ver, and worst of all, in our v*Vermont streams, bats. So night fishing is not somejfcing I seek
      NYT  -  730 words
    • Article, Illustration
      Lock icon Soviet magazine publishes Gulag
      1543 13 LITERARY EXPRESSION NYT FIFTEEN YEARS after Aleksandr Solzhenitsyn was banished from the Soviet Union and from its press, the magazine Novy Mir, long the sober centre of the Soviet literary world, last week published the first chapters of his prison-camp epic, The Gulag Archipelago. It is
      NYT  -  1,543 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      268 12 Where tv entertain... Where tv entertain... Where tv entertain... Where tv BAR The best live jazz in town Hours: 5.00 pm 2.00 am Level 3, The Westin Plaza Happy Hours Mon-Fri: 5.00 pm 8.00 pm TheWestin Plaza Raffles City 2 Sumlord Road. Singapore <Hil7 WESTIN Hotels Resorts 111 V An
      268 words
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      Page 12 Advertisements Column 2
      234 12 SEMSATIONAL SIZZLING SATAY AT Gaf-e f T 0 Q 3 ■fi 9. m Sizzling satay, the all-time local favourite. Succulent mutton, chicken and beef skewered and grilled on an open fire, complimented by a rich peanut sauce, and accompanied with fresh bits of cucumber, pineapple and onion. Try a cool
      234 words
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      Page 12 Advertisements Column 3
      276 12 OUIfTK?-3^ THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy o gourmet buffet luncheon of on ungourmet price* For starters, take your pick of our cold dishes prawns on ice. fresh oysters, smoked salmon, melon and dried ham. vegetable temne. mixed seafood salad, cooked assorted vegetables and homemade dressings Select your
      276 words
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      Page 12 Advertisements Column 4
      205 12 Buffet Lunch Dinner Aug 1-31 Adult: $1350" Child: 9.00" Come, join us for a delicious spread of local favourites from the gourmet centres of this surprising tropical paradise. EAST COAST Squid Prawn Crab Mussel SERANGOON Chicken Curry Beef Ren dang Mutton Dachar Mee Goreng CHINATOWN Chicken Fungus Soup Crab Meat
      205 words
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      Page 12 Advertisements Column 5
      177 12 PABTy AT THE LIBRARY It's nonstop action and fun every night at Tho Übrary. Each minute 's pachad with dank and excitement. Come over for a Extra! Extra! A $20 vouchor is yours with every pwthase of *Courvoisior XO. And a $10 vouchor with every 'Batentina 's 12 years p
      177 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      192 13 entertain..., A The Businessman's Lunch Is In The Paek. Tbe businessman's lunch at Hubertus Grill offers you tbe opportunity to dine in tbe relaxing ambience of a bunter s lodge and to enjoy a sumptuous spread of appetizers, soups, salads, fruit and desserts. Plus, tberc is a selection of delightful
      192 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      669 13 mmmm CRYPTIC PUZZLE ACROSS 3 Where briefly, a number go in taxis (5) 8 Mark may be cool to a certain point (5) 10 Teams are in the running for this (5) 11 A capacious female? (3) 12 Attack or onset, possibly (3. 2) 13 She upsets beer on some
      669 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1206 13 OUR CHOICE THE MAN WITH THE GOLDEN SHOES, B.oopm, SBC 12 The long-publicised but never materialising series on The Celts finally makes its appearance. In the debut episode, the identity and origins of the Celts are explored. Celt writer and presenter Frank Delaney films in numerous countries such as Hungary,
      1,206 words
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  • SPORTS
    • Article, Illustration
      Singapore's winning edge
      626 14  -  SEA GAMES By CHARLES SAVAGE SINGAPORE WON four gold medals and entered the final of the soccer competition to boot in the South-east Asia Games yetterday. Singapore's boys just did it by the skin of their tetffr, beating Indonesia 1-0 through a Fandi Ahmad goal necr the
      626 words
    • Article
      Need to develop strong core of golfers
      478 14  -  By CHARLES SAVAGE SINGAPORE IS FLUSH with success after taking a gold, silver, and bronze medal in the golf event at the SEA Games XV at Saujana. But while the athletes deserve a cheer, Singapore's future prospects are not bright. If Samson does
      478 words
    • Article, Illustration
      Lock icon Senna wins Belgian Grand Prix
      447 14 MOTOR-RACING AP WORLD CHAMPION Ayrton Senna of Brazil won the Belgian Grand Prix on Sunday with brilliant wet-weather racing to narrow the gap in the world standings on McLaren Honda teammate Alain Prost of France, who finished second Nigel Mansell of Britain, driving a Ferrari,
      AP  -  447 words
    • Article
      Lock icon Frost in playoff victory over Crenshaw
      320 14 GOLF AP DAVID FROST'S scrambling par on the second extra hole gave him a playoff victory over Ben Crenshaw at the World Series of Golf on Sunday. Frost, a native of South Africa who now lives in Dallas, dropped a 3-foot par-saving putt for
      AP  -  320 words
    • Article
      Lock icon Lyle asks to be left out of Ryder team
      294 14 AP SLUMP-RIDDEN Sandy Lyle was omitted from the European Ryder Cup team at his own request, the husky Scot said on Sunday. The decision, he said, was "based entirely on my performance over the last few months". "It was not up
      AP  -  294 words
    • Article, Illustration
      Interest in professional fights growing
      597 14  -  BOXING By A SURENDREN LEATHER AND LINIMENT, hand in glove that is the kind of close relationship that boxing has with the big bucks. It explains the phenomenal sums of money that are paid to the likes of Mike Tyson. Sugar Ray Leonard and Thomas
      597 words
    • Article, Illustration
      Lock icon Lendl rebounds after first set loss to win Hamlet final
      429 14 TENNIS NYT IVAN LENDL's matches at the Norstar Bank Hamlet Challenge Cup were close enough to make fans occasionally think they were going to witness a rare Lendl loss. But every time his opponent would start to roll, and the
      NYT  -  429 words
    • Article
      Lock icon Parry walks away with German Open golf championship
      148 14 AP CRAIG PARRY of Australia won the one million mark (U*****,000) German Open golf championship on Sunday after a sudden-death round with England's Mark James. Parry and James had finished the fourth round with scores of 266, 18 strokes under par. Michael
      AP  -  148 words
    • Article
      Lock icon Navratilova wins US$375,000 Canadian Players Challenge
      167 14 AFP TOP-SEEDED Martina Navratilova was glad history did not repeat itself in Toronto on Sunday as she beat fourth-seeded Spaniard Arantxa Sanchez 6-2, 6-2 to win the U*****,000 Canadian Players Challenge. Sanchez, the defending French Open champion, had stormed back from 3-6, 1-5 to
      AFP  -  167 words
    • Article
      Lock icon Greg LeMond wins world championship race
      321 14 CYCLING AP NOTHING SEEMS to be stopping Greg LeMond now. Not rain, not a near blowout, not even a generally bad feeling that made the American cyclist almost stop in the world championship race. "I was ready to quit the race but I figured
      AP  -  321 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Hong Leong Group, Bedford emerge as winners
      675 15 liß mm™ HOCK LOCK SIEW THE reverse takeover of Bedford Bhd by the Hong Leong Group (HLG) has been well received by the investing public. Perhaps too well received. Although the deal came almost as no surprise after Bedford requested its shares suspended
      HOCK LOCK SIEW  -  675 words
    • Article
      United Plantations post-tax profit up 15pc in first half
      386 15 UNITED PLANTATIONS Bhd has reported a group post-tax profit before extraordinary items of M 56.89 million for the six months ended June 30, up 15 per cent from the M 55.97 million recorded in the previous corresponding period. This performance came
      386 words
    • Article
      Lock icon Several parties eyeing Oriental Bank and Supreme Finance
      393 15 MBT SEVERAL financial institutions have expressed interest in acquiring Oriental Bank and Supreme Finance, both of which are now controlled by Bank Negara. Some of the institutions, however, have requested assistance from the Malaysian central bank, including soft loans to operate the
      MBT  -  393 words
    • Article
      LATEST RESULTS
      347 15 TONG MENG Industries Ltd: Group profit after tax of $192,000 ($225,000) on a turnover of $2.89 million ($2.74 million) for the six months ended June 30, 1989. Earnings per share of two cents (three cents). With narrower profit margins, directors say they do not foresee any significant improvement
      347 words
    • Article
      Menang in joint project to develop Perlis coast
      365 15  -  By WILLIAM CHIA PROPERTY-BASED Menang Corp and three other parties have signed an agreement to undertake a MslBo-million land reclamation project off the Perlis coast. Menang announced yesterday that its partners for the privatisation of the Kuala Perlis reclamation project were the
      365 words
    • Article
      Singatronics after-tax profits fall 63pc
      373 15  -  By HERMAN PHUA POOR PERFORMANCES from subsidiaries and lower profit margins have resulted in poor first-half results for Sesdaq-listed Singatronics Ltd. For the six months ended June 30, 1989, group after-tax profits fell 63 per cent to $1.55 million compared with $4.23 million in the
      373 words
    • Article
      Lock icon J C Enterprises expects all units to be profitable
      209 15 Bernama INVESTMENT holding company Jack Chia Enterprises (M) Bhd is banking on all its divisions to trade profitably in the current year. Chairman Jack Chia said in his latest annual report that the consumer products as well as the books and
      Bernama  -  209 words
    • Article, Illustration
      NISM to spend $64m on upgrading of machinery
      511 15  -  By MAGDALENE NG NATIONAL Iron Steel Mills (NISM) has earmarked some $64 million out of total proceeds of $94.3 million from its proposed rights issue for the purchase of plant and equipment to upgrade and expand its steel production capacity in Singapore.
      511 words
    • Article
      Carlsberg earnings jump 85pc to M$14.3m
      311 15 SHAREHOLDERS of Carlsberg Brewery Malaysia Bhd have much to drink to with the group announcing an after-tax profit of M 514.27 million for the half-year ending June 30. This figure is an 84.5 per cent gain over the profit for the corresponding period last
      311 words
    • SES
      • Article, Illustration
        Share prices fall across a broad front in quiet trading
        1081 16  -  -by JOSEPHINE CHAN LOCAL share prices drifted broadly lower in subdued trading yesterday, when widely anticipated bargain hunting failed to materialise. Brokers said prices languished following the market's recent gains on widespread selling and profit-taking. A rally at the start
        1,081 words
      • Article
        Unit trusts
        298 16 Managers' prices for Aug 29 Royal Trust Asset Mgt r S'por* Gr Fund 085 0 89 IT Ajjo Poc Gr Fund 1.10 1.15 Singapore Unit Trust Tt» Commute* 1.17 1.24 Tk« Savings Fund 103 1.09 S'por* Frog Fund 0.47 0.51 S'por* Sac Fund 0.74 0.79* S'por* Invast Fund
        298 words
      • Article
        COMPANY MEETINGS
        45 16 SEMBAWANQ SHIPYARD LIMITED: EQM at the Lecture Theatre. #04-00. 456 Alexandra Road, NOL Building. Singapore 0511. today, at 9.30 am. JOHAN HOLDINGS BERHAD: 64th AGM at Poinaettia 2, 2nd Floor, Petaling Jaya Hilton. Jalan Barat. Petaling Jaya, Selangor Darul Ehaan. tomorrow at 9am.
        45 words
    • Article
      SES SHARE INFORMATION
      6033 16 1M9 High Low Tol Cod* Compony LMI AIM 28 OTVol C000) Day High Low Last CK BuyorS Star Qr's Mv Mv Cw Qr's VW Nst ME MCap SmN 284 81 45* 66* 87* 66 193 72 96 18 62 97 124 86 71 90* 92 72 146
      6,033 words
    • KLSE
      • Article, Illustration
        Shares suffer small losses
        3555 17 THE Kuala Lumpur stock market closed broadly easier yesterday as profit-tak-ing wiped out early gains. However, retreats were mostly marginal. Brokers noted that institutional interest had slackened somewhat with the holiday closure of the Hongkong and London bourses yesterday. Following a higher start share prices turned
        3,555 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Honda sets up UK regional company
        276 18 AFP HONDA MOTOR Co Ltd is to set up a new company in Britain to oversee its European operations, joining rival carmakers Toyota Motor Co and Nissan Motor Co to boost sales in the region. The London-based company, Honda Motor Europe Ltd, is to
        AFP  -  276 words
      • Article
        Lock icon Suntory acquires Coca-Cola unit
        230 18 NYT SUNTORY Water Group Inc, an Atlanta-based US subsidiary of Japanese beverage manufacturer Suntory Ltd, has acquired Belmont Spring Water Co of Massachusetts from Coca-Cola Co, according to Japanese company officials last week. The price was not disclosed. Interested in the rapidly growing mineral water market
        NYT  -  230 words
      • Article
        Lock icon 'Foreigners bullish on Jakarta bourse'
        341 18 AFP MORE FOREIGN investors are likely to flock to the Jakarta Stock Exchange (JSE) although share prices in the tiny market have already reached high levels. According to Philip Brewer, vice-president of Jardine Fleming Nusantara Finance, a newly-formed joint venture with an Indonesian firm, recent
        AFP  -  341 words
      • Article
        Lock icon Taiwan's turnover worries analysts
        197 18 Reuter FRENZIED TRADERS in Taiwan's stock market exchanged US$7.5 billion worth of stock in three hours yesterday, setting a new turnover record, but analysts worry that the good times may not last. "It's unreal," said Danny Chan, managing director of Fidelity Securities Investment Consulting. "One third
        Reuter  -  197 words
      • Article
        Lock icon Iran studies bids for Kharg repair
        168 18 Reuter THE National Iranian Oil Company (NIOC) is reviewing bids for reconstruction ot the T-jetty on the eastern side ot its main Kharg Island export terminal, the Middle East Economic Survey (Mees) said. The Nicosia-based newsletter said contracts would include rebuilding of 600 metres
        Reuter  -  168 words
      • Article
        Lock icon Former Rothwells head hits out at W Australia govt
        359 18 AFP THE FORMER head of the failed Auatralian merchant bank, Rothwells Limited, has hit out at the Western Australian government following his arrest by State Corporate Affairs investigators in Perth. Laurie Connell, 43, claimed his arrest last Saturday was aimed at
        AFP  -  359 words
      • Article
        Lock icon Matsushita profits rise 2pc
        193 18 Reuter MATSUSHITA Electric Industrial. the world's biggest consumer electronics company, on Sunday reported its net profits rose a scant 2 per cent in the latest quarter, on sales up 6 per cent from a year earlier. The maker of National, Panasonic. Quasar and Technics products said
        Reuter  -  193 words
      • Article
        Lock icon A dull performance expected
        370 18 Hongkong Reuter HONGKONG'S stock market appears unable to shake off the doldrums and brokers tip a dull performance in the four-day week ahead. The market was closed yesterday to commemorate Liberation Day. ChinTung Securities attributed the creeping paralysis that infected the market last week in part
        Reuter  -  370 words
      • Article, Illustration
        Lock icon Equities firmer
        514 18 Sydney Reuter AUSTR ALI AN stocks closed firmer after a day of quiet trading and low volumes yesterday. The All Ordinaries finished 6.6 up at 1,770.9, marginally off the day's peak at 1,771.4. Final prices were unavailable until 0635 GMT due to a computer malfunction shortly before 0400
        Reuter  -  514 words
      • Article
        Lock icon Manila: Shares weaken
        169 18 Reuter PHILIPPINE shares closed mostly lower as investors shifted interest to government Treasury bills and anticipated new stock listings yesterday. The Manila Stock Exchange composite index slid 9.59 points to 1,148.31, reflecting losses in commercial and oil issues. "T-bills are absorbing some liquidity in the market," said
        Reuter  -  169 words
      • Article
        Lock icon Wellington: Quietly weaker
        78 18 Reuter THE share market posted its third straight solid loss yesterday, but brokers said turnover was light and sentiment was still optimistic. "The orders just weren't there," one broker said. Brokers said it was a typical Monday and be- cause overseas investors had been driving the market,
        Reuter  -  78 words
      • Article
        Lock icon Taipei: Turnover record
        344 18 AFP A RECORD NT$l94 billion (U557.56 billion) worth of shares changed hands on the Taiwan stock exchange yesterday but the market dipped 11.41 points to cloee at *****.2. The previous record for a day's transactions on the Taipei bourse was NT$l4O billion (U555.45 billion), registered on Fri-
        AFP  -  344 words
      • Article, Illustration
        Lock icon Lower in thin trade
        587 18 Tokyo Reuter SHARE PRICES got a few jolts from foreign brokers buying cash to arbitrage with December futures contracts yesterday, but otherwise trading was lifeless and prices closed broadly lower. Talk that some hightech companies may revise earnings forecasts downward soured sentiment "It's a fact that
        Reuter  -  587 words
      • Article
        Lock icon Bangkok: Index up
        183 18 Reuter THE Stock Exchange of Thailand index yesterday closed at 677.66, up 7.15. Turnover of 17,120,400 shares were valued at 2,020.55 million baht. The Bookclub Index yesterday closed at 566.12, up 6.60. Reuter i i i +<■ American Standard. Ao Kham Thai 390 unch Ayudhya Invaatmant 40.90
        Reuter  -  183 words
      • Article
        Lock icon Seoul: Rally in active trade
        205 18 Reuter SEOUL stocks yesterday rallied in active trade on strong investor interest in manufacturing stocks that was boosted by their good liquidity. The composite index was 973.59 near the close, up 13.05 points from Saturday's half-day trading. Turnover was 813.9 billion won against the previous
        Reuter  -  205 words
    • INTERNATIONAL COMPANY NEWS
      • Article
        Lock icon Heineken sees second half earnings at 1988 level
        306 19 Reuter DUTCH BREWER Heineken NV expects net profits for the second half of this year to be on a par with the 170.8 million guilders net earned in the same 1988 period. "We expect profits in the second half of 1969 to
        Reuter  -  306 words
      • Article
        Lock icon US firms split over benefits of program trading
        545 19 Reuter THE CONTROVERSY over program trading that has pitted re-tail-oriented firms on Wall Street against those that serve institutional clients has intensified with the market's rise to record levels. Program trading was widely depicted as a villain when the markets plunged two
        Reuter  -  545 words
      • Article, Illustration
        Lock icon EIE chief turns attention to Europe
        1003 19 A LOOK AT PROPERTY DEVELOPER H TAKAHASHI'S BROADENING HORIZONS FT HARUNORI TAKAHASHI. a fastmoving Japanese developer who built a property empire around the Pacific is now turning his attention to Europe. Mr Takahashi, 43-year-old owner and president of EIE Development. is negotiating to buy
        FT  -  1,003 words
      • Article, Illustration
        Lock icon Analysts concerned over GM's market share
        538 19 Reuter GENERAL MOTORS Corp's eroding share of the North American car market and its excess plant capacity are two of the primary issues that concern vehicle analysts as they prepare to attend a meeting with the company in Milford, Michigan, this week. Analysts said
        Reuter  -  538 words
      • Article
        Lock icon Nixdorf expects operating results to break even next year
        252 19 Reuter TROUBLED computer maker Nixdorf Computer AG, which last week reported a 297 millionmark operating loss in the first half of 1989, is expecting operating results to break even in 1990. Nixdorf spokesman Anton Cromme said Nixdorf would reach the break-even
        Reuter  -  252 words
      • Article, Illustration
        Lock icon Cost weighs against retaining Continental
        676 19 NYT FRANK LORENZO has decided to give serious consideration to the sale of Continental Airlines primarily because he thinks its parent, Texas Air Corp, will find it difficult to afford the investment needed to keep the carrier competitive with the huge airlines forming under deregulation,
        NYT  -  676 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        623 19 Reuter MILAN: Italian shares closed slightly higher on continued buying interest yesterday, rising to a new 1989 high for the third straight session despite the low level of foreign buying due to the market holiday in London yesterday. The MIB index finished 0.16 per cent up at
        Reuter  -  623 words
      • Article
        Selected indices
        113 19 HONGKONG Hongkong Index Monday dosed Friday 1,659 56 Week ago 1.***** Hang Seng Index Monday closed Friday 2.516 78 We** ago 2.528 75 All Industrials Monday 2.7986 Friday 2.797 4 Wwi ogo 2.7607 NEW YORK Dow Jones Friday 2.732.36 Thursday 2.***** WnI ago 2.687 97 TOKYO Nikkei Average
        113 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      154 15 CURRENCY INVESTMENT AMI KK I \|»KI ss [> TEL: 321 3333 FOR SALE BY TENDER YEN SAN BUILDING (No. 268 ORCHARD ROAD, SINGAPORE) A rare opportunity to own a prestigious office building within the main shopping and hotel area and central business district. The whole of Yen San building is
      154 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      771 18 NOTICES lit the Matter of The Companies Act, Cap. 50 and In the Matter of JONQUIL INVESTMENT PTE LTD (In Voluntary Liquidation) NOTICE 18 HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the PINAL GENERAL MEETING of the Members of the abovenamed Company will be
      771 words
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      Page 18 Advertisements Column 2
      620 18 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, HL Tankers Pte Ltd, of 141 Middle Rood, #06-07 OSM Building, Singapore 0718, hereby give notice that In consequence of the proposed change of name of the vessel "Shunel Maru" we have applied to the Registrar of Singapore Ships under Section
      620 words
    • Advertisement
      Page 18 Advertisements Column 3
      22 18 South Korean prtcoa woca not availoblo at Tho Bombay stock mart at raport waa not availaMa at praaa-ttma yartarday Technology every Tuesday
      22 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      37 19 WHAT'S HOT IN FASHION AROUND YOUR NEIGHBOURHOOD? Latest on SEA GAMES XV Call 730-5005 A service by The Straits Times I'll Subscribe now. Call 740-1840/1. it straight n Singapore. The Straits Times mm ovtau» 1/ ryi J
      37 words
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  • LATE FILE
    • Article
      Lock icon US trade deficit narrows
      32 20 AP THE US FOREIGN trade deficit narrowed to U5527.72 billion from April through June, the smallest quarterly imbalance in four years, the Commerce Department reported yesterday. A P
      AP  -  32 words
    • Article
      Lock icon Free trade zone in Vietnam
      41 20 AFP NORD FRANCE has signed a one-billion-franc (US$l5l million) deal with the municipal authorities of Ho Chi Minh City to build a free trading zone intended to attract foreign companies, the company said in paris yesterday.
      AFP  -  41 words
    • Article
      Lock icon Sihanouk's suggestion
      43 20 AFP RESISTANCE leader Prince Norodom Sihanouk has suggested that if the international conference on Cambodia fails to reach a global solution, it could at least adopt a declaration on those points where there was agreement, a Japanese spokesman said yesterday. AFP
      AFP  -  43 words
    • Article
      Lock icon Hungary to set up refugee camp
      41 20 AFP HUNGARY plans to set up a third refugee camp to accommodate the flood of East Germans using Hungary illegally as a crossing point to the West, the government daily Magyar Hirlap reported yesterday. AFP
      AFP  -  41 words
    • Article
      Lock icon Prosecution asks for 20-year term
      46 20 Reuter THE MILITARY prosecutor has asked 20 years in jail for former Cuban Interior Minister Jose Abrantes and lesser sentences for six aides on charges laid after a drug-traf-ficking scandal rocked Cuba in July, the official newspaper Granma reported yesterday. Reuter
      Reuter  -  46 words
    • Article
      Lock icon Poland seeks Japanese aid
      33 20 Reuter POLAND, which has just ended more than 40 years of communist rule, deserves and wants low-interest official loans from Japan, a Polish Embassy spokesman said in Tokyo yesterday.
      Reuter  -  33 words
    • Article
      Lock icon China to release video on unrest
      40 20 AFP CHINA WILL soon release a video cassette in 10 languages tracing the official version of the 50 days of "social unrest" in Beijing from April to June, the People's Daily said yesterday. AFP
      AFP  -  40 words
    • Article
      Lock icon HK police storm island
      35 20 Reuter 250 HONGKONG riot police yesterday moved by sea and air to regain control of a barren island where 1,000 Vietnamese refugees rioted at the weekend, driving police guards away. Reuter
      Reuter  -  35 words
    • Article
      Lock icon Philippine rebel admits killing
      30 20 Reuter A CAPTURED communist rebel has admitted being involved in killing a US Army colonel in a Manila street ambush in April, Philippine police said yesterday.
      Reuter  -  30 words
  • Article, Illustration
    Govt forms committee to provide policy directions on immigration affairs
    293 20 A COMMITTEE comprising three Ministers of State and three Members of Parliament has been formed to look into immigration affairs. Formed this month, it met for the first time yesterday. In response to queries, a Ministry of Finance spokesman said,
    293 words
  • Article
    Lock icon NS shifting some local operations to M'sia
    457 20 PENANG CHIP FACTORY WILL BE WORLD'S LARGEST MBT, AP NATIONAL Semiconductor Corp of California plans to relocate some semiconductor manufacturing from Singapore to Malaysia, making its Penang factory its largest semiconductor factory in the world. Lan Burgess, general manager of National Semiconductor Penang,
    MBT,; AP  -  457 words
  • Article
    Lock icon 'US to keep Asian military presence'
    216 20 Bernama A US CONGRESSMAN has expressed Washington's determination to continue maintaining its military presence in Asia and rejected a proposal to swap the withdrawal of US forces in the Philippines with a Soviet naval and airforce pullout from Vietnam, it was reported yesterday. Stephen
    Bernama  -  216 words
  • Article
    Lock icon Comex gold and silver
    88 20 Reuter COMEX gold futures edged higher in slow early trading yesterday, with the buying derived mostly from bargain hunting after Friday's slump to contract lows. December gold gained US$O.9O to U*****.60 an ounce, holding last week's low of U*****.50. Spot was up US$O.BO at U*****.50. Comex
    Reuter  -  88 words
  • Article
    Lock icon Rafidah urges industries to boost productivity
    139 20 Bernama MALAYSIAN Trade and Industry Minister Datuk Seri Rafidah Aziz yesterday told industries to resist the temptation of being complacent about productivity when the economy is good. Speaking at the official opening of three training programmes organised by the National Productivity Centre in Petaling
    Bernama  -  139 words
  • Article
    Lock icon Japanese in race for CFC alternatives
    456 20 Reuter CASH-RICH Japanese companies. starting from behind US and European rivals, hope that their resources will enable them to still gain the lion's share of profits from alternatives to chlorofluorocarbons (CFCs). "The US and Europe seem more advanced, but Japanese companies are frantically and
    Reuter  -  456 words
  • Article, Illustration
    Indian minister coming for trade talks
    288 20  -  B* JOHN THOMAS INDIAN Commerce Minister Dinesh Singh arrives on Thursday for what will be the highest-level meeting here between New Oelhi and Singapore to increase the momentum of growing economic relations between the two countries. Mr Singh, who will be accompanied on the
    288 words
  • Article
    Lock icon Soviet party paper calls Moldavian protesters power-hungry separatists
    406 20 Reuter THE SOVIET Communist Party daily Pravda yesterday branded thousands of Moldavians who took part in a rally demanding official status for their language as power-hungry separatists. In the second critical article on Moldavia in two days, the newspaper said the crowds
    Reuter  -  406 words
  • Article
    Lock icon Aussies consider chartering airlines
    269 20 AP A PILOTS' walkout crippled Australia's domestic air service for a sixth straight day as a US DC-8 arrived yesterday, the first charter aircraft from overseas to help with an emergency airlift. Transport Minister Ralph Willis said officials were considering a move to charter airlines from
    AP  -  269 words
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      117 20 /H€RRV For a complete pack* i call PET Computers 15 Queen Street #02-00 Tan ChongTower Fax. *****18 Tlx: RS ***** ZENITH Ticketing Dept. Tel: *****66 Tour Dept. Tel: *****88 Our achievements and track record in international tradeshow and exhibition arrangements have enabled us to offer the following packages: IGAS '89
      117 words
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      Page 20 Advertisements Column 2
      1254 20 (1) dBASE IV for Managers September 11 -13,1989 Objective F## S s9o SIM mem t >er s Ss69o non-members This three-day intensive hands-on workshop is intended to give a comprehensive introduction to dBASE IV. It consists of a series of briefings and hands-on sessions on the key aspects of Database.
      1,254 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Navix orders Cape-sized bulker
        84 21 BULK shipping company Navix Line has ordered a Cape-sized bulker from Namura Shipbuilding Co. The date of completion is scheduled for February 1991, and Navix will register the ship under a foreign flag. Navix operates 15 Capesized bulkers, which is the largest in Japan. It is
        84 words
      • Article
        Lock icon Talks resume on Iran-Japan project
        103 21 Reuter TALKS resumed in Teheran on Sunday on the fate of the war-damaged Iran-Japan Petrochemical Co (UPC) project, which the Japanese want to quit, the Iranian news agency IRNA reported. It quoted the daily Kayhan as saying the head of *he Japanese partner, a consortium
        Reuter  -  103 words
      • Article
        Lock icon Ships collide in Mediterranean
        59 21 Reuter THE Indian bulk carrier Jag Jiwan, 23,711 tonnes dw, was in collision with the Sudanese vessel Merawi, 12.111 dwt, on Aug 25 in the Mediterranean near the coast of North Africa, Lloyds Shipping Intelligence Service reported. The Jag Jiwan was damaged in the stern. There
        Reuter  -  59 words
      • Article
        Lock icon Crippled vessel berths at Jeddah
        92 21 Reuter THE Panamanian vessel Bipasha which was rolling in bad weather without engine power about 32km north-east of Socotra island in the Arabian Sea earlier this month has now berthed at Jeddah under its own power, Lloyds Shipping Intelligence Service reported. The vessel had earlier
        Reuter  -  92 words
      • Article
        Lock icon Chemical tanker grounded
        55 21 Reuter THE Bahamian chemical tanker Stolt Entente, 25,200 dwt, was grounded at 4km in the access channel to the south dock at Buenos Aires port on Aug 21, Lloyds Shipping Intelligence Service reported. The tanker was entering the port loaded with cargo. Lightering operations to assist refloating
        Reuter  -  55 words
    • Article
      Japan objects to Philseco plan to service US war ships
      257 21  -  By AL O LABITA Jr writing for BT from Manila JAPAN has opposed plans of the state-run Philippine Shipyard and Engineering Corp (Philseco) to service American military vessels to keep the financially-be- leaguered company afloat. Diplomatic sources said Japan's objection
      257 words
    • Article
      Index to advertisers
      874 21 ABC Contoinerline XI 5 Accord Shpg VIN 3/4 Arrow lines XI 5 ANl III 1/2 ARC lin« VII 5 API V 3-5 ASCI V 1 Austrosto line VII 1 Bait-Canada line IX 4/5 Bait-Orient line IX 4/5 Boltic Orient Shpg XI 4 Bonglodesh Shpg VII 2 Bonk
      874 words
    • Article
      UK group studies set-up of coal ports
      202 21 NATIONAL POWER, part of Britain's state-owned electricity business to be sold next year, said it plans to investigate the possible development of two new deep water port facilities to handle imported coal. National Power is one of two power firms to be formed
      202 words
    • Article
      Lock icon South Korean committee to bail out three ailing yards
      198 21 AFP SOUTH KOREA'S Industrial Policy Deliberation Committee has approved a financial bailout package for three ailing shipyards, including the giant Daewoo. The debt-ridden Daewoo Shipbuilding and Heavy Machinery Company, the nation's second largest shipyard, is to get fresh funds and tax
      AFP  -  198 words
    • Article, Illustration
      Sea Sun to launch cruise service
      513 21  -  Singapore-based company plans two joint ventures By JEAN FOONG SINGAPORE-BASED Sea Sun Cruises is set to launch a cruise service in this region by the end of next year. "In the next three months, we will also team up with European partners to set
      513 words
    • Article
      Lock icon Hyundai seeks GFNS funds for five ship orders
      164 21 Seatrade Week AN ORDER for five 4,000 TEU container ships for Hyundai Merchant Marine will be among applications for government-financed newbuilding scheme funds under South Korea's 14th GFNS, according to a survey by the Korea Maritime Ports Administration. Also in larger-sized container
      Seatrade Week  -  164 words
    • Article
      Lock icon Philippine Navy hunts for Malaysian boat
      105 21 Reuter THE Philippine Navy is hunting for a Malaysian motor launch with 11 people on board reported seized by Muslim pirates in the southern Philippines. Police on Jolo island said about 40 pirates in five speed boats commandeered the launch on Friday between the
      Reuter  -  105 words
    • Article, Illustration
      Lock icon W German yards need help despite full order books
      763 22 Reuter WCST GERMANY'S shipbuilders have orders stretching past 1990 but the industry says it still needs government help to survive. Fierce competition from Asian builders with lower production costs has decimated West German yards, whose global market share has shrunk to
      Reuter  -  763 words
    • Article
      Shipping events
      594 22 Sep 4-8 Rendezvous de Septembre, 33rd annual international reinsurance meeting, Monte Carlo, Monaco. Sep 5-8 Offshore Europe, Aberdeen Exhibition and Conference Centre, Aberdeen, Scotland. Sep 6-8 P I, Lloyd's of London Press shipping seminar, The Ramada Hotel, 10 Berners St, London Wl. Sep 7- 10 International marine trades
      594 words
    • Article, Illustration
      Lock icon Floating hotel arrives in Vietnam amid fanfare
      341 22 AP THOUSANDS of residents lined the Saigon River on Sunday to await the arrival of a luxury floating hotel as it neared the end of its long voyage from Australia's Great Barrier Reef. The US$7O million hotel a symbol of Vietnam's new open-door
      AP  -  341 words
    • Article
      Lock icon Tanker rates
      235 22 AFP THE VOLUME of tonnage available in the MiddleEast Gulf declined below demand over the past week, enabling owners to obtain improved rates, London brokers E A Gibson said on Friday. The total utilisation of tonnage from this area amounted to 3 million deadweight tonnes (dwt). leaving only
      AFP  -  235 words
    • Article
      Container schedules/Ships in port
      2077 22 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Voy Arrival Tranatalner Schedules Blk Op Gdn D«t«/Tlm« Time From Tlm« To Booking Gate Amon Trmu 30 08 89 2200 29/1230 29/1300 NA 2 Q7 00 res 8903 29/23X *****9 NA 2 Aatja B MOB 89 1700
      2,077 words
    • Article
      Lock icon Abu Dhabi quarantines Australian sheep
      197 23 AFP ABU DHABI authorities have put into quarantine 17,000 Australian sheep amid mounting concern in the Gulf that Australian sheep may be diseased. The sheep that arrived in the port of Abu Dhabi were undergoing tests for diseases and would be put on the market
      AFP  -  197 words
    • Article
      London Freights
      772 23 A FURTHER grain cargo was fixed Friday to Algeria, the fourth this week, but there were few other features and the London market was quiet on Friday ahead of Monday's UK holiday, brokers said. Grain from the US Gulf to Algeria made U5522.50, down from $23 paid in
      772 words
    • Article
      SHIPPING LIST where your ships are due
      4454 30 AftflHUß London Expreee. Trtot Aug 30(P«). Ever Good*. Evergreen. Aug X Kaauga 1. Trlot. Aug 31 Anl Mee'ix Mmk Lm. Aug 31 Noraaia Pearl. Noraaia Una. Sap-1 Villa da Safcirna. CM DAfti etemam Sap 2 Ming Promoßon. Yang Ming. Sap 3 Toyama ScenOulcht.
      4,454 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      42 21 mm Avtobte at air good bookthop* Federal Publication* Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      42 words
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      Page 21 Advertisements Column 2
      62 21 "The Illustrated Encyclopedia of Wildlife" Wild lift A Fortnightly at all good bookshops and news-stands r o f>% BTP Distributor* ON SALE NOW! si v-t /t 1' ■r r- GOING GLOBAL Singapore Companies Eye The World Alan Yeo f Chairman of Yeo Hiap Seng mmM < Channelling talent Into RAD
      62 words
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      Page 21 Advertisements Column 3
      112 21 W German yards recovering WEST GERMANY'S shipbuilders have orders stretching past 1990 but the industry says it still needs government help to survive. PAGE II Hotel arrives in Vietnam THOUSANDS of residents lined the Saigon River on Sunday to await the arrival of a luxury floating hotel as it neared
      112 words
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  • Page 23 Advertisements
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      1189 23 OOCL [fjjjh Dtklicuted fu nprpnii JAROINE SNIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint, Smjapore 0201 Tel *****11 TELEX NO RS ***** TERMINAL,CfS Tel *****1! 220 BOOKINGS Tel *****34 23S PESAKA JAROINE SHIPPING AGENCIES SON. BHO. PORT KELANG TEL: *****18 Telei No. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS
      1,189 words
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      Page 23 Advertisements Column 2
      1061 23 MAERSK LINE DESTINATIONS LARS M REGIHA M LAURA M LEXA M MCKMNEY LEOA M Vt M 124 IM IM 204 2M 274 3/10 4/H IQ/IO 11/11 17/10 IS/li 24/10 25/11 31/8 2/9 74 9/9 14/9 IM 21/9 23/9 304 VlO I 7/10 12/10 14/10 18/10 119/10 2M 2V9 27/9 30/9
      1,061 words
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  • Page 24 Advertisements
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      690 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BONN EXPRESS CARDIGAN SAY BENALD6R KURAMA MARU BENAVON TOKIO EXPRESS ALSO ACCEPTING CARGO TO: ALL UK INLANO DESTINATIOI I. AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. NATIONS. BELFAST. DUBLIN. COPENHAGEN, AMSTERDAM. CARIBBEAN I S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG CONV/SEMI-CONTAINER SERVICE TO MED
      690 words
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      Page 24 Advertisements Column 2
      432 24 7*% COLUMBUS LINE REEOEREI GMBH < A SERVICE OF HAMBURG SUDI V EXPRESS SEMI CONTAINER SERVICE TO B3E?H!®r TAMAITAI SAMOA VIM 21/1 FORTH BANK V-2SM U/10 IVY BANK V-2SH Ml (ASIA-SOUTH PACIFIC JOINT SERVICE) ■OftAYBANK VI2S COLUMBUS NIUGINI VK Accepting LCL cargo for fain ports discharge and also to Ntwak.
      432 words
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      Page 24 Advertisements Column 3
      702 24 t L 52Js T O I -j TO EUROPE NORASIA PEARL VH23-3 MO*ASIA PRINCESS M 24 3 NORTH SEA 52SW NORASIA SINGA 82^3 REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEDER) m/I Df Mt ROT ANT LEH I 1710 19 '10 20a0 21 10 22,10 2310 Asr w ?wfß"s^ t0 U
      702 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      508 25 Steamers Maritime Holdings Ltd V STRAITS SHIPPING P&O Containers RSGL Australia Straits Contalnar Line (A member of ANNO) ROTA HAWAII PEGASUS PIONEER HA I HUI PEGASUS PROGRESS BANGKOK BORNEO A6ENCIES LTD. BANGKOK TEL *****00 Hll f»F*.T :f.\ i\ CALL OUR CUSTOMER SERVICES PERSONNEL JUNE TAN OR FAUZI JOHANN AT TELEPHONE
      508 words
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      Page 25 Advertisements Column 2
      880 25 "Q.CHO YANG LINE IHmi'JLIM!] WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE ACCEPTING REEFER CI NANJIN LENA VIE KM QUEENSWAY •RIDGE OIOW CHOYANC PARR MM HANJIN OAKLAND tm LM ROM KM BIC FUC ion i\ft nn 24/ i art vn an art i/u z/u 4,10 SIC MO 1/10 *10
      880 words
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      Page 25 Advertisements Column 3
      379 25 /y Hfli Sun Hup Co (Pte) l td 22 r <S ***** s RS KASTKKN AK I.iNKK 1.1 !> STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT VESSEL seki lm serene koggegracht cosmic unv S"WMKI LAOr TRADER VOY. NO 73 14 4 2 Sport 30/t 12/9 12/5 14/9 P.
      379 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      634 26 n SINOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES MEEAO PJL 6/7 U* BANDAR ABBAS KYOWA LINE MTMXMJCMO KYOWA FAST MUCT S/BULK/CONTAMER SERVICE FROM S'PORE/PK TO OUAM/SAPAN AND MICRONESIA FORTS* ETA SPORE LOAD FO*:EAGLE' VI 15 SEPT'» GUAM. SAIPAN SEPT a SEPT 3B AND MICRONESIA POUTS* •MICRONESIA
      634 words
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      Page 26 Advertisements Column 2
      555 26 60 HANJIN SHIPPING FULL CONTAINER SERVICE I TO EUROPE VIA SUEZ HANJIN LI HAVRt MM QUEEN'S WAT BRIDGE HANJIN OAKLAND I I TO FAR EAST PORTS FROM EUROPE VIA SUEZ UHnnrtw H'kurf rtmnFilM 9/1 10/1 11/1 llff 14/1 IC/I 17/1 11/t M 21 It 23/» 2«/ l 2S/I Wt 2M
      555 words
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      Page 26 Advertisements Column 3
      138 26 INTEROCEAN LINE 78, 2nd Floor, Jalan 2/71, Taman Tun Dr Ismail, ***** KL. Tal: 71W734, *****94, *****24 TLX. NO. MA-***** FAX: 03-7173*11 Panang Oft: Tal *****7. *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LCL'fCL AUSTRALIA UK/EUROPE USA CANAOA LOADING fOR SYO MELB AOE BRIS FREM LE HVE. HBG BREMEN R
      138 words
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      Page 26 Advertisements Column 4
      829 26 II EVERGREEN Cnniame' Se r itc>-Round-The-World East Bound (FE/CARIB/pSEC/EURO/FE) Ml aFT to EVER CHUT EVU GOLDEN £VU CLOK EVER ***** ALSO ACCEPTIM I 1) PROVIOENCE, I aswisisssriSlsisia&SKSAS iMi3SmSSaS%'' I S JS l iS'SJ>ni%iSuSuini <*" ™> >AL UW AM RM FIX NK W gww«g. aas tm pmlarelpma. MUMNGTON ItnUDA ITC Q
      829 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      558 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES VOY SM mx M MM 17M am im VOY MM 44m 1M mm in< ian« ivit ian« i MUMUftAM/TOMAKOMAI/HITACHVTOYAMA CAAOO VIA MKO SURABAYA/SEMARANG VOY SM MY rtct M T It MM SIN VOY 8M MM
      558 words
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      Page 27 Advertisements Column 2
      415 27 BEN UNE CONTAINERS TASMAN ASIA 0 SHIPPING TO NEW CALEDONIA, FIJI AND NEW ZEALAND $iir| MAIN LINE (TS) HKC NOUMEA SUVA AKL NAP TW TA EXPLORER 3S W 16/10 20*10 23/10 26/10 22/9 TA MARINER JS VtO lyil VII 7/11 11/11 7/ldi TA VOVAOER 4S 20/10 15/11 19/11 22/11 21/11
      415 words
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      Page 27 Advertisements Column 3
      367 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA UOTi P.T. KSURf LLOYD P.T. SAWKftA INDONESIA P.T. TMKOM LLOYD >«»'5 I- If' VSI/VOY 1 PANJANtyZXIB SRIWIJATA/77W1 rPOK ANTWERP m w i ivm (ACCEPTING CONVENTIONAL CONTAINERISED CARGO) Bm lap (ACCEPTING CON I CONTAINERISED I H» 1 wi (ACCEPTING CONVENTIONAL CONTAINERISED CARGO) ivT*rW
      367 words
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      Page 27 Advertisements Column 4
      466 27 BOUSTEAD SHIPPING AGENCIES pi MYOMA YW A VIIOW PAGAN VI44M HPA-AN VI4M HTONEYWA V2SOW MYANMA FIVE STAR LIME (Burmese National Line) Loading for Rangoon S'port P.Kelang Ptnanf Bangkok 'fa z Wiu* 5/7S*T THE BANK LINE )NTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HMBC HULL TAMAITAI SAHOA VI6N 20/9 17/10 a/10
      466 words
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      867 28 v im linn— Export WWW NEPTUNE GARNET OOCL FAIR Kline KAWASAKI KISI.N KAISIIA. LID OOCL FORTUNE MMASSAPOR BRIDGE NEPTUNE GARNET OOCL FAIR VIA FUDU FEEDER VESSEL OOCL FORTUNE AMBASSAOOR BRIDGE NEPTUNE GARNET OOCL FAIR *Vu ftt&tf FEEDER VESSEL VO NEPTUNE ZIRCON 21 NEPTUNE RUBY SI OOCL HOPE II NORHANDIE BRIDGE
      867 words
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      Page 28 Advertisements Column 2
      498 28 .11 fill EXPRESS CONTAINER SERVICE AccopWng FCL/FCL Container* Tuts I OAS 43 KAIIOAS V.fi TULSIOAS *44 KALIOAS V.« TULSIOAS »4S Tram* Im Sm Mottar \M B* F«d* By FaMr I fag IS* 3S* F 10 Oct 4 Oct Oct F H Oct 11 Oct 19 Oct F saw If Hn
      498 words
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      Page 28 Advertisements Column 3
      331 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTO li TeioA Street siMCAPOtf om TIL •Mim at link) f«. UOJOI BULF SERVICE: S*por« P. K«i»ng Nnaxf STRAITS/PERSIAN GULF SERVICE: S *n aOUMKMCMIMdNMi MS* OOUXN MMVUT CatOTta/KwacMMMi MfM U CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA rOak Oaa Rwt KM
      331 words
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      Page 28 Advertisements Column 4
      648 28 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 108 ROBINSON ROAD ~07 00 gmg building Singapore 3'06 TEIE* RS 28'20 PHILI FA* *****76 EAST/FA* EAST Id ft 10. SBmCE ETA SINGAPORE DUftAI DAJMUM, KUWAIT. DOHA, MUSCAT BANtAIN AM DHABI A jhAIUAtt j.v'f.r. Prr —'.I'M r v-| t222E235Z3 WT/WI WBOLMB Fa ft La
      648 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      885 29 Agents S pore WIUNE MENCK PTE. LTD. Otneral Book no Bookings Inward/ Tvm Emwnas Ft EU/AU3T TfA/StA Outward ***** 27*77 27tt7S *****42 Z*****4 *****19 *****11 *****13 *****41 (CR NO. 123O074OOOOE) 1 NEPTUNE ORIENT LINES LTD KMCSMM EXPORT -EUROPE UK (VIA SUEZ) m VBL/VOY PEN PKG SCP MOTHS* VSL/VOY Ptrkiii 908
      885 words
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      Page 29 Advertisements Column 2
      884 29 SIM SO V 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 ***** KMM P. KELAMC IK SMS MAI TNOMC SHIPPING 127 Strwt fW* MeNyae WS HANDLING SYSTEM
      884 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      350 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTO. Ttl 225 6868 (34 Lmes) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LINES VEB DEUTFRACHT SEEREEDEREi ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE i .in .mmr V fMJ 11 'til El
      350 words
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      Page 30 Advertisements Column 2
      79 30 PT MUTIARA SAMUORA AGUNG SAMUDERA 102 31/S PERAWANG/P BARU KUALA SIAK IV 4/9 BATAM/B AMPAR (SEKUPANG) KUALA SIAK II 7/9 DUMAI/PERAWANG 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM A SUMATRA PORTS Also accepting cargo for ports in Jawa A Kalimatan. We specialise in project A heavylift
      79 words
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      Page 30 Advertisements Column 3
      85 30 w. T. TANTO INTIM LINE SINGAPORE/SURABAYA WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL LCL/FCL CARGOES VOY S'POWE TANTO UTAMA 11/19 OMB TANTO UTAMA 20/21 13-09 16-09 TANTO UTAMA 22/23 20.T0 23,09 TANTO UTAMA IMS 17-09 30/09 WEEKLY NVOCC SERVICE— FCL/LCL SYD/MEL BRI 04/9 FREMANTLE/ADE 06* KEELUNG 07/9 KAOHSIUNG 01/9 MANILA 01/9
      85 words
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      Page 30 Advertisements Column 4
      280 30 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA 30/8/89 LTD 20/10 CMy receiving cargo at PPW/Jurong Port/Marina/Sembawang YRyik Perita Shpa Trdg P L WQftl Tel No *****25 Tlx: 4292 Fa« *****86 PERITA CONTAINER LINE MV. AN6KASA JAYA ETA In Port
      280 words
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      Page 30 Advertisements Column 5
      317 30 11C L> REGIONAL CONTAINER LINES ASEAN PORTS BANGKOK < sailings a week Ngow Hock Agency Co Ltd BKK (Tel: *****80) rrw SONGKHLA -1 sailing a week Hock Agency Co Ltd Skla (Tel: *****4 VESSEL IVOY P.KELANG 3 SAILINGS A WEEK DASWANI Sdn Bhd Pkl (Tel: *****59) PENANG- 2 SAILINGS A
      317 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      161 30 I Regional Weather 4 i Si S* 1 v> X '4 m •4 A is K 3! 8 31 ik 1 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. AUO 29. IM9 R IhuTKjerstorm c A $h ower Wfolhw Wind deection with speed knots Roin Cloudy Sky W V Surface
      161 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      401 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 G IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR 1/9 Iraq/Japan THROUGH B/L* to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AO ABA BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERS/CONVENTIONAL
      401 words
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      Page 31 Advertisements Column 2
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      775 31 e SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 P.KELANG: 0-*****5 PENANG: M 362 tH BANGKOK: *****21 HONG KONG: 04M1II m (CnLBAM NATIONAL LINE) GREAT ANDES SERVICE FCEOU VSL SP KEE BOTHER VESSEL REE VAL m. ivory n* tarn l i 2 2ft N. EMERALD 17H 10*1 17JN LAJA
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      245 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE ux xsmsa mwfm m ».f. STMMTWI V4MFH 3/1 11/1 ALL LCUFCL ACCEPTABLE FOR COMPETITIVE LCL RATE CONTACT ANWAR7JEYA CONTACT PERSONS TELEPHONE NO. TELEX/PAX NO®. MS TAJ/ANWAR *****10 *****71, (S UIMM) RS ***** SALTRA/*****73 CHMOIMII7 Hamburg West Germany Tiger Line ran bat
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      715 32 A k MERCHANT MARINE CO., LTD. FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE TO UK/CONTINENT BULK CONTAINER SERVICE P.COG P. KIG CAPT BOUGAINVILLE CAPT KEMOAOEC CAPT MAGELLAN 10/10 CAPT PADON 17/00 AGENTS: BOUSTEAD SHIPPING AGENCIES SINGAPORE KUALA LUMPUR PORT KLANG PASIR GUDANG TEL 02-*****66 03-*****00 03-*****01 07-*****1 FAX 02-*****71 03-24H682 03-*****2S 07-*****5
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      446 32 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST >•*» KAOHSIUNC KECLUNC TOKYO Koac NAOOYA YOKOHAMA OSAKA an* «f» w 11* apt «i ant vi an* v» an* v» SRI LANKA/ INDIA EUROPE/ UK SETREGULAR CONVENTIONAL SERVICE TO I*_ t i «1
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      412 32 IQM Mitsui OSKLines JLtd CUNNECTING AT ro EXPORTS TO PSW DOUBLE STACK TRAINS [T A i ".l i.'.m'.l hi: x I T "I 'l/' ICOIBOI 5C 1(2=11 H7 101 1(2=11 BH UddJJJdd n r'n 'v. ■irngni cjrjcjfjnjrjfjn CM m-'vw ■■mn ULJLJLJLJIJIJLJ rn-vrvjiT-in naaaaaaa uf" -v ■■mnaaaaaaaa CZfl f""\. I, -IQD
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