The Business Times, 20 July 1990

Microfilm: NL17037
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday July 20 1990 75*
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  • NEWS SUMMARY
    • Article
      Bonn pumps more money into E German economy
      66 1 EAST GERMANY'S economic collapse, which has doubled unemployment in the last two weeks, forced West Germany yesterday to pump more money into East Berlin's coffers. East German Finance Minister Walter Romberg said West Germany had allowed his government to grant more credit
      66 words
    • Article
      Joint call on benefits
      49 1 BOTH the president of Singapore National Employers' Federation and the deputy secre-tary-general of National Trades Union Congress have urged that full-time employees be granted the same benefits that part-time workers will enjoy under a set of new guidelines announced by the Labour Ministry Page 2
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    • Article
      Russian connection
      24 1 AT LEAST US$l2 million worth of deals are currently being negotiated between Asean companies and companies in the Soviet Union Page 2
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    • Article
      Common market plan
      26 1 THE PHILIPPINES plans to propose the creation of a South-east Asian common market at a regional meeting in Jakarta next week. Page 8
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    • Article
      Import ban to be lifted
      37 1 THE THAI car industry policy committee has reached agreement with the private sector on a proposal to lift a ban on imports of cars with 2,300 cc or smaller engines. Page 8
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    • Article
      Bill seen as tactical
      29 1 ASIA'S textile exporters say a Bill passed by the US Senate to restrict imports is designed to strengthen Washington's hand in trade talks Page 9
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    • Article
      Madonna exposed
      14 1 MADONNA: Just who is that girl who calls herself Madonna? Page 15
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    • Article
      Traffic to Burma rises
      27 1 MORE SHIPS are going to Myanmar's (Burmese) ports, prompted by a rash of new business ventures coming up there. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      34 1 WALL STREET gave ground in early trading yesterday, weighed down by earnings disappointments at several hightechnology companies. The Dow Jones average of 30 industrials dropped 9.90 to 2,971.78 in the first hour'.
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    • Article
      Footsie lower
      48 1 LONDON share prices were slightly lower at midday yesterday, having moved little either way in spite of a spate of British economic indicators at late morning At about 1115 GMT, the Financial Times-Stock Exchange 100-Share Index was down 2.1 points, or 0.1 per cent, at 2,399.9.
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    • Article
      Plaza lot auctioned off
      35 1 A RARE freehold lot in Lucky Plaza belonging to property developer William Goei yesterday went under the hammer for $904 per sq ft, or a total of $8 million Page 3
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    • Article
      LKN makes placement
      31 1 LIM KAH NGIAM has made a placement of 10 million ordinary shares of I each at 1.95 per ordinary share with the Development Bank of Singapore Page 3
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    • Article
      Stanchart unit moves
      31 1 ENCOURAGED by its success in "tough" markets such as South Korea, Taiwan and Japan, Standard Chartered International Trustee Limited is moving into the fast-growing Asean markets. Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 812.44 -3.02 Kuala Lumpur ....629.33 -0.74 Hongkong 3,523.58 -4.71 Tokyo 33,055.62 +7.51 Sydney 1,608.2 -7.5 Wednesday Change New York 2,981.68 -18.07 London 2,402.0 -13.0
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    • Article
      CURRENCIES
      22 1 Exchaagc rain US$ SSl.8155 Yen S$ 1.2300 V S Hut rates SS0 6709 Overnight 5 5/8 1/8 3-month 7 1/8% -1/8
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    • Article
      COMMODITY
      33 1 IntaM PM fix US$362.30 USS2.90 yporcAug... 155.00*/kg +0.50 M'sia Aug M231.00 Vkg +0.50 KL Tin Turnover 67 tonnes +10 Spot M$15.90/kg +0.10 Crude palm «N Turnover 481 lots -544 Aug M$665/tonne +3
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  • Article
    San Teh Rubber seeks listing on main board
    491 1  -  By William Chia, Claire Leow THE RECENT cool response to newly-listed local companies has not deterred San Teh Rubber Industry from seeking a listing on the main board of the Stock Exchange of Singapore (SES). The local manufacturer of rubber-based components submitted
    491 words
  • Article, Illustration
    Liem of Salim, Hai Sun Hup in three-party tie-up
    387 1  -  By Lee Han Shih LIEM SIOE LIONG, the wealthy Chinese Indonesian, has set up yet another joint venture with Singapore companies to exploit the growing business links between Singapore and the Riau islands. His partners this time are locally-listed shipping group
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  • Article
    Two held in Tokyo over alleged share manipulation
    207 1 Reuter THE TOKYO District Prosecutors Office yesterday arrested two men on suspicion of violating Japan's Securities and Exchange Law. A spokesman for the office said Mitsuhiro Kotani, 53, president of Tokyo realestate company Koshin Co, and Shuichi Gon, a Korean national, were
    Reuter  -  207 words
  • Article
    US shift on Cambodia will not help find settlement, says Alatas
    312 1 AP WITHDRAWAL of US recognition of the resistance coalition will not help efforts to find a comprehensive solution to the Cambodian conflict, Indonesian Foreign Minister Ali Alatas said in Jakarta yesterday. "The position of Indonesia together with Asean has
    AP  -  312 words
  • Article
    Trustee stocks: five join list, Acma removed
    302 1  -  By Abdul Hadhi FIVE MORE stocks have been designated trustee stocks following the Central Provident Fund's revision of its dividend payment basis for trustee stock status. The five which qualify for the status from today are recent listings Hotel Plaza and Pacific Carriers,
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  • Article
    CPF Board modifies interest rate formula
    319 1  -  By Quak Hiang Whai WITH THE Big Four local banks quoting a multi-tier interest rate structure for deposits, the Central Provident Fund has modified its interest rate computation to move in line with this trend. The CPF interest rate, which is payable to members,
    319 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      182 words
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      Page 1 Advertisements Column 2
      94 1 Personal Investment Finance Fire-breathing attraction Buy or sell? Get a better triple-first for Philip Cushing. recruitment and search handle on the local stock Inchcape Bhd's new jungle. Batey Group joint market with the BT-MGA managing director talks venture Berkeley Executive investment statistics. about leadership, and Resources explains how to go
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        PWD lifts closure order on Asia Radio Building
        63 2 THE PUBLIC Works Department (PWD) has lifted the closure order for the Asia Radio Building after studying a report submitted by an engineer hired by the building's owner to study the building's structural integrity. The building's third and fourth storeys will, however,
        63 words
      • Article
        PPD takes over plant centre
        56 2 A NEW $1.8 million Plant Health Centre, at Sembawang Field Experimental Station, will be handed over to the Primary Production Department today. The plant will provide back-up support for horticultural production and services. Its 1,350 sq m floor area comprises a laboratory block, three plant
        56 words
      • Article
        Telecom extends service to NZ
        67 2 SINGAPORE Telecom has extended its international toll-free service to include New Zealand. The service, an effective marketing tool for Singapore businessmen, will allow customers and potential clients in New Zealand to contact businesses in Singapore by telephone or facsimile directly without having to pay for
        67 words
      • Article
        Dr Hu to flag off walkathon
        80 2 FINANCE MINISTER Dr Richard Hu will flag off and lead 5,000 public sector employees and their families on a five-kil-ometre mass walk this Sunday at the Marina Promenade. The Walkathon, which will be held in conjunction with the Pesta Sukan National Jog-Walk '90, is
        80 words
      • Article
        Esso sports scholarship
        54 2 THE SINGAPORE Sports Council is inviting applications from post-secondary students for this year's Esso Sports Scholarship Awards. First given in 1975, the $800 per annum scholarship is open to students pursuing post-secondary education in pre-university centres, junior colleges, the Singapore Polytechnic, Ngee Ann Polytechnic and the Vocational
        54 words
    • Article, Illustration
      SNEF calls for same flexibility for full-timers
      412 2  -  Guidelines for part-time workers By Yong Pow Ang FULL-TIME employees should enjoy the same flexibility, along with part-time workers, in exchanging benefits like annual leave and public holidays for cash, says the president of Singapore National Employers' Federation, Mr Stephen Lee. "It is
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    • Article
      Ten S'pore jewellers for US show
      205 2 IN A move to capture the jewellery market in America, 10 Singapore jewellery companies will take part in the Jewellers of America International Show in New York for five days from this Saturday. The participation at the yearly show is organised by the Trade
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    • Article
      Chee Wee: Make training part of wage pact
      268 2  -  By Chuang Peck Ming MAKE training part of the wage pact to get bosses more committed to training, suggested union leader Goh Chee Wee yesterday at a human resource management conference. Union and management can work out the details to be included
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    • Article
      Soviets expect to reap US$12m sales from fair
      255 2  -  By Genevieve Cua ASIAN COMPANIES are currently negotiating to buy at least US$l2 million worth of goods and equipment from their counterparts in the Soviet Union. About two-thirds of the total value of goods could be bought by Singapore companies which are
      255 words
    • Article
      HDB halves prices of recessed areas
      256 2  -  By Elaine Koh THE HOUSING Development Board has decided to halve the selling price of the recessed areas outside some flats, with immediate effect. Those who have already bought the recessed areas will have the difference refunded to them, said the HDB yesterday. The
      256 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      113 2 CHARTPOINT Every Saturday in Business Times Bf A B 4 B B HJ* l£ *r IS |JH^^H^^H|^^K P^HBH >*' 1 -r- H Our Korean spirit is moving in the air. It's a spirit of untiring service, ceaseless effort and ageless charm that flows from Korean traditions perfected over thousands of
      113 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      M Credit properties enjoy $260m valuation surplus
      529 3  -  Lim Mui Khi THANKS TO the buoyant property market, Malayan Credit Ltd's (MCL) two core investment properties have recorded a more than $260 million valuation surplus. The value of both 78, Shenton Way, an office and commercial complex; and Ardmore Parte, a residential
      529 words
    • Article
      Foreign limit unlikely to be breached
      420 3 THERE APPEARS to be little danger of the 15 per cent limit on foreign shareholding of Singapore Aerospace being breached following its public offer of 100 million shares. Foreign applications numbered about 23 per cent of the total issue. Speaking to the press at
      420 words
    • Article
      Freehold lot in Lucky Plaza sold for $8m
      296 3 A RARE freehold lot in Lucky Plaza belonging to property developer William Goei yesterday went under the hammer for $904 per sq ft, or a total of $8 million. The 8,847 sq ft of space on the sixth floor of Lucky Plaza,
      296 words
    • Article, Illustration
      Lion aims to be world steel player
      521 3  -  MARKET TALK By William Chia THE LION CORP of Malaysia is no stranger to steel manufacturing as it controls the country's largest steel mill through 28.5 per cent-owned associate Amalgamated Steel Mills Bhd (ASM). It was also steel manufacturing that gave the group
      521 words
    • Article
      UIC raising $643m from rights issue, sales
      434 3 UNITED Industrial Corp Ltd (UIC) is in the process of raising a total of $643 million from its proposed rights issue and the recent sale of selected assets, the bulk of which will help to part finance its recent successful takeover of property
      434 words
    • COMPANY BRIEFS
      • Article
        Chuan Hup buys rest of offshore services firm
        56 3 CHUAN HUP Holdings Ltd has on July 9 acquired 50 per cent of East Asia Offshore Services Pte Ltd (EAOS) for $4.23 million, making EAOS a wholly-owned subsidiary. EAOS is' involved in the chartering of vessels and the company current- ly owns
        56 words
      • Article
        UMW appoints group MD
        61 3 UMW HOLDINGS has named Abdul Rashid Abdullah as group managing director with effect from Aug 1. Mr Abdul Rashid, 46, is currently a director of Komplek Kewangan Malaysia, a subsidiary of Permodalan Nasional Bhd. He is an accountant by profession and has served in various senior
        61 words
      • Article
        Mulpha expects a turnaround
        210 3 MULPHA INTERNATIONAL Trading Corp Bhd, which has been suffering a loss since 1985, expects to show a consolidat- Ed pre-tax profit of M 5742,000 for the year ending Dec 31;- -i 1990. The profit is expected after the completion of itsproposed one-for-one rights issue of 156
        210 words
      • Article
        KFC to buy PJ property
        81 3 KFC HOLDINGS Bhd (KFC) has entered into a sale and purchase agreement to buy two acres of land and the buildings erected on it in Petaling Jaya from Permanis Sdn Bhd for MS6 million. KFC said the total purchase consideration would be financed from proceeds
        81 words
    • Article
      LKN makes share placement to raise $19.3m
      241 3 DIVERSIFIED construction group Lim Kah Ngam (LKN) is making a private placement of 10 million new shares, or about 10 per cent of its issued capital, to raise $19.3 million. The company yesterday announced that it had appointed the DBS Bank and DBS
      241 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        More Pertamina gas for two Japanese firms
        134 4 INDONESIAN state oil and gas firm Pertamina signed a contract with Tokyo Electric Power Co Inc and Tohoku Electric Power Co to supply an additional 124 cargoes of liquefied natural gas over the next 14 years. A cargo is 56,000 tonnes. The Japanese
        134 words
      • Article
        Philips wins Taiwanese order
        90 4 DUTCH electronics group Philips said*on Wednesday it had won a US$ 11 million order to provide air pollution measuring equipment for Taiwan. TTie order from the Taiwan Environment Protection Agency includes a central control unit, 59 fixed measuring stations and three mobile units, Philips said in
        90 words
      • Article
        Petrocorp tests encouraging
        105 4 PETROCORP Exploration Ltd, a unit of Fletcher Challenge Ltd, said latest tests showed encouraging oil flows from the Si Thep-1 well, 250 km north of Bangkok. The weU, the second in the current three-well programme in the SWI concession by Petrocorp, was drilled to a total depth
        105 words
      • Article
        Tokio buys into US company
        120 4 THE Tokio Marine and Fire Insurance Co, through a whollyowned subsidiary, has made a US$lOO million equity investment in WSGP Partners, a limited partnership just founded by former US treasury secretary William Simon and former assistant US treasury secretary Gerald Parsky. Announcing the move on
        120 words
      • Article
        Ashton extends offer
        76 4 ASHTON Mining Ltd said on Tuesday it had extended its 60 Australian cents a share offer for Carr Boyd Minerals Ltd to Aug 16. It said it had about 75 per cent of Carr Boyd. It needs to acquire 90 per cent before it can move to
        76 words
    • Article
      Adsteam clarifies debts, hints of record profit
      397 4 Reuter ADELAIDE Steamship Co Ltd has debts of around AsBoo million and expects to report a record profit for the 1989/90 year ended June 30, according to managing director John Spalvins. Addressing the Securities Institute of Australia in Sydney yesterday, Mr Spalvins confirmed
      Reuter  -  397 words
    • Article
      Juko plans major industrial park in China
      199 4 Reuter HONGKONG-LISTED Juko Laboratories Holdings Ltd has announced plans for a major US$6O million industrial park in Huizhou, China. Jett Fung, chief executive officer of the Hongkongbased chip and computer products manufacturer, said in a statement the company was forming a joint venture
      Reuter  -  199 words
    • Article
      NZ not planning more asset sales to repay debt
      292 4 Reuter THE NEW ZEALAND government will not sell any more state assets to reduce public debt, but may continue privatisation, using the revenue for other purposes. In a speech in Auckland yesterday, State-owned Enterprises (SOE) Minister Richard Prebble said: "The programme
      Reuter  -  292 words
    • Article
      BHP may build refinery in Pacific Rim
      340 4  -  Froa Brian Gomez in HONOLULU BROKEN HILL Pty Ltd (BHP), Australia's largest company, will decide by the end of next year whether it will build an oil refinery costing between Ssl billion and SSI.6 billion in the Pacific Rim. BHP's oil refining arm,
      340 words
    • Article
      Bayer Malaysia to set up plant in Shah Alam
      130 4 Bernama BAYER Malaysia, the subsidiary of West German chemical giant Bayer AG, is to build a new manufacturing plant and distribution centre in Shah Alam. The project would cost more than Mslo million and the company has acquired a 1.7-hectare site
      Bernama  -  130 words
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      114 4 f 3^" {J Lm right here in the privacy !■H r of your bedroom.... ■iMMraffl J IP* Breakfast with Class HraMA JZ'WT t _m) This comfortable top A *LM H I surface provides a marvellous space to |k V rn i ijteni nim breakfast, read and I tjfijl f work
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  • Page 5 Advertisements
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      182 5 i j* -ii IV -n -ii e si jni In ad Xj. Z .A l£. -Si ori v/s -w -31 -lii /JH *«HI cK^BmK'>"•v.HI aLllf Carrot. A Apple Singapore I tL Purchase any of the Macintosh II family of systems', Apple LaserWriter NT, NTX laser printer or Macintosh SE/SE 30
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        UK group to export privatisation know-how
        86 6 A GROUP of British bankers, lawyers, stockbrokers and accountants have joined ex-publicly-owned companies in launching The British Privatisation Export Council, which will become a consultant for privatisation programmes overseas, Council director Peter Young said in London yesterday. The experts are combining to export the
        86 words
      • Article
        BICC raises stake in cables firm
        112 6 CABLE and construction group BICC pic said it had raised its stake in Spanish cables firm Grupo Espanol General Cable (GEGC) to 45.66 per cent from 20 per cent. On June 27 BICC announced it was buying Bankers Trust New York Corp's 19 per
        112 words
      • Article
        Harrods owners seek new ruling
        119 6 THE EGYPTIAN owners of House of Fraser Holdings pic's Harrods, accused by the UK of lying their way to victory in a takeover battle for the store, said they planned to seek a new ruling on the case at the European Commission of Human Rights
        119 words
      • Article
        VW zooms ahead
        73 6 GERMAN mass car maker Volkswagen has widened its lead at the top of the Western European car market, despite spluttering home demand, an industry newsletter said. VW raised its market share to 15.2 per cent in the first half of 1990, up from 14.7 per cent in
        73 words
      • Article
        Asea Brown in Lisbon tie-up
        105 6 SWISS-SWEDISH engineering firm ABB Asea Brown BoveriAG said it had reached agreement to form a power and transport firm with Portuguese companies Mague and IPE. ABB said in a statement the new business, to be known as Sistemas de Energia e Transportes (Set) would be
        105 words
    • Article
      Fujitsu poised to take major stake in ICL
      393 6 Takeover will restructure Europe's computer industry FT FUJITSU, Japan's leading computer manufacturer, is expected within two weeks to take a majority shareholding in ICL, Britain's largest computer manufacturer, in a deal that will fundamentally restructure the European computer industry. The agreement, which
      FT  -  393 words
    • Article, Illustration
      EC fines six top steel producers
      394 6 AFP THE EUROPEAN Commission has announced its first anti-trust fines in the steel sector, hitting six EC producers with levies of more than US$5OO,OOO for running a cartel that bolstered stainless steel prices. The European Community's executive said the move marked the first fine
      AFP  -  394 words
    • Article
      IBM may sell marginal businesses
      363 6 Reuter INTERNATIONAL Business Machines Corp is considering selling about US$52 billion of marginal businesses including a Lexington, Kentucky, plant that makes electronic typewriters, Wall Street sources said. The sources, asking not to be identified, said IBM has been discussing the sale of the unit since
      Reuter  -  363 words
    • Article
      British Steel and Spanish group eye stake in Aristrain
      294 6 AFP BRITISH Steel and Spanish industrial group La Corporation Banesto (LCB) are each planning to take a 40 per cent stake in Spanish steel maker Aristrain, the British group said in a statement in London on Wednesday. Details and a price
      AFP  -  294 words
    • Article
      Philip Morris second quarter earnings surge by 27pc
      337 6 NYT PHILIP MORRIS Companies Inc, the world's largest consumer-products company and the maker of Marlboro cigarettes, reported on Wednesday a surge in its sec-ond-quarter earnings by 27.2 per cent to US$94B million, or US$l.O3 a share, from the year-earlier US$745 million, or
      NYT  -  337 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      570 6 I Standard Chartered PLC I I (Incorporated in United Kingdom) I Head Office: 38 Bishopsgate, London EC2N 4DE I Audited accounts for the year ended 31 December 1989 1 Consolidated Balance Sheet Consolidated Profit and Loss Account 8 31 December 1989 for the year ended 31 December 1989 im» 1968
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      72 6 I SKI LANKA §t I FERTILIZER PLANT FOR SALE |fp I PLANT AND EQUIPMENT OF A NAPTHA BASED AMMONIA/UREA fiM. b FERTILIZER COMPLEX IN OPERATING CONDITION ARE AVAILABLE FOR |§p SALE. FOR DETAILS PLEASE CONTACT ||P P THE SRI LANKA HIGH COMMISSION IN P SINGAPORE FAX NO: (65) *****01 QE
      72 words
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  • FINANCIAL NEWS
    • Article, Illustration
      Stanchart trust group moving fast into Asean
      451 7  -  By Shoeb Kagda ENCOURAGED by its success in "tough" markets such as South Korea, Taiwan and Japan, Standard Chartered International Trustee Limited (SCITL) is moving aggressively into the fast growing Asean markets. h t As the economies of Indonesia, Thailand, Malaysia aftd, to
      451 words
    • Article
      Thrifts more risky in US: analysts
      359 7 IHT THE US savings and loan industry, currently involved in a TJSS3OO billion bailout, is a comparatively more risky business than thrifts in the world's other developed financial centres, according to credit analysts in the US and Europe. Two principal reasons were put forward
      IHT  -  359 words
    • Article
      M'sian banks can set up branches in tax-haven Labuan
      272 7 Bernama BANKS incorporated in Malaysia will be allowed to set up branches and subsidiaries in the proposed tax haven of Labuan, a Bank Negara official said on Tuesday. Mr Abdul Murad Khalid, manager of the central bank's bank regulation department, said
      Bernama  -  272 words
    • Article
      Federal insurer's funds running low
      251 7 Reuter THE FUND that insures US commercial bank deposits is running dangerously low, but no taxpayer-financed bailout should be necessary as long as the economy avoids serious recession, William Seidman, chairman of the Federal Deposit Insurance Corp said. "The system is under stress," Mr Seidman
      Reuter  -  251 words
    • SMALL CHANGE
      • Article
        Continental Bank hurt in second quarter
        79 7 CONTINENTAL Bank Corp said its second quarter results were adversely affected by a US$4B million pre-tax restructuring charge and a US$2l million loss on the sale of long-held government bonds. The results were also hurt by lower net interest and other revenues, a higher
        79 words
      • Article
        Drexel revamps board
        86 7 DREXEL Burnham Lambert Group Inc said it restructured its board of directors to provide for majority representation! by outside directors. Ralph Saul was named to sucoeed John Shad as chairman of the board, Drexel said. Mr Shad is former Securities and Exchange Commission chairman and Ambassador to
        86 words
      • Article
        Spain to slash capital gains tax
        99 7 SPAIN plans to cut tax on capital gains made by investment < funds to one per cent from its present level of 13 per cent, making it one of the lowest in the European Secretary of State for Finance Pedro Perez said. The measure,*
        99 words
      • Article
        Italy to propose bank rides
        81 7 ITALY'S five-party coalition agreed to present draft legislation. regulating shareholding links between banks and industrial groups, Christian Democrat parliamentary leader Vincenzo Scotti said. "There's an accord on the basic principles,** Scotti said. He said party leaders were in agreement on limiting industrial stakes in commercial
        81 words
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      Page 7 Advertisements Column 1
      177 7 TT 1 1 l- l H V I Here s jour chance to own a beaiitmil iuiglisn J Be amongst a select few to own a Only terrace houses, 10 semi-detached LAST SUNDAY brand new house with garden in the housesand one bun ga low for immediate sale OVER 1300
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  • Page 7 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Malaysian firms set up offices in Bremen
        115 8 SEVEN MALAYSIAN companies are to set up trading offices at the Asian Pacific Trading, Exhibition and Distribution Centre (APTC) in Bremen, West Germany, in efforts to establish a foothold in the European market. The six-storey centre, the construction of which would be completed
        115 words
      • Article
        Fiji's economic renaissance
        53 8 FIJI'S ECONOMY is experiencing an economic renaissance three years after military coups brought an unprecedented depression, Fiji's interim prime minister said yesterday. Prime Minister Ratu Sir Kamisese Mara attributed Fiji's "astonishing economic progress" to the government's outward-looking policies, but employers and foreign investors to increase native Fijian
        53 words
      • Article
        Power station in Dongguan
        65 8 CHfNA'FDuangdong province is planning its biggest-ever power station in Dongguan, the Beijing-owned China News Service (CNS) said. The coal-fired plant would have a capacity of 1.3 kilowatts and would significantly improve the province's power supply situation, the agency said without elaborating. It said the station, to
        65 words
      • Article
        Housing benefits for HK staff
        83 8 MAJOR foreign firms in Hongkong are providing housing benefits to more local staff in order to keep them from emigrating abroad, a survey released in Hongkong said yesterday. The survey, conducted by a human resources consultancy firm, William M Mercer Ltd, found that 62 per
        83 words
      • Article
        Indian-Pakistani talks
        64 8 INDIA and Pakistan opened negotiations on Wednesday aimed at reviving trust in the subcontinent, where a rebellion in Kashmir has raised new fears of war between the two countries. The two sides met for four hours at the Pakistani Foreign Ministry and "had a general exchange to try
        64 words
      • Article
        Trinidad seeks KL ties
        68 8 TRINIDAD and Tobago hopes to collaborate in various fields with Malaysia, its Minister of Industry, Enterprises and Tourism, Dr Bhosudradatt Tewarie, said in Kuala Lumpur on Wednesday. Dr Tewarie told newsmen after his meeting with the Malaysian Minister of Trade and Industry, Datuk Seri Rafidah Aziz,
        68 words
    • Article
      S-E Asian market plan gets cool response
      458 8 Reuter THE PHILIPPINES plans to propose the creation of a South-east Asian common market at a regional meeting in Jakarta next week, but most of Manila's neighbours are cool to the idea, saying it remains premature. Philippine Foreign Secretary Raul Manglapus says he
      Reuter  -  458 words
    • Article, Illustration
      Manila discusses emergency loan
      374 8 Reuter THE PHILIPPINES and the World Bank are discussing an emergency loan to rebuild infrastructure destroyed by a devastating earthquake that has killed more than 600 people, officials said yesterday. Finance Secretary Jesus Estanislao said the Philippines would need a loan from the World Bank to
      Reuter  -  374 words
    • Article
      Thai car makers agree to ban removal
      204 8 THE THAI vehicle industry policy committee on Tuesday reached agreement with private sector representatives on a proposal to the Industry Ministry to lift the long-run-ning ban on imports of cars with 2,300 cc or smaller engines and to remove the ceiling on series
      204 words
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      Page 8 Advertisements Column 1
      169 8 i rr. t' Will coffee beans today make you a has-been tomorrow >a I ID Facts that figure: July *****0, Zaobao Business. China, Japan and the 4 NIEs are the formidable Jf MLM 888 behind Chinese entrepreneurs on foreign soils. paper, the business section is undergoing a radical economies that
      169 words
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  • THE WORLD
    • Article, Illustration
      Washington's move may be two-edged sword
      614 9 US shift on Cambodian policy AP T|H? US policy shift on Cambodia improves the pijfcpects for a negotiated settlement, but could the fighting in a laiitf that has known only war years. The US decision to withdraw recognition of the Cambodian resistance isolates the
      AP  -  614 words
    • Article
      Hongkong suffers big fall in trade surplus with US
      388 9 HONGKONG's trade surplus with the US its most important market outside China shrank again in May to just US$lO million, from US$3O million in April and US$9O million in March, according to the South China Morning Post. The fall in Hongkong's
      388 words
    • Article
      Asian exporters see US Bill as tactical move
      359 9 Reuter ASIA'S textile exporters say a Bill passed by the US Senate to restrict imports is designed to strengthen Washington's hand in trade talks, and they doubt that the Bill will become law. The US Senate on Tuesday voted 68-32 for the
      Reuter  -  359 words
    • Article
      American chip makers failing to meet orders in Japan
      245 9 Asahi JAPANESE semiconductor users say it is becoming increasingly difficult to obtain US-made computer chips due to growing demand in both the US and Japan. The US has been pressing Japan to boost the share of the country's semiconductor market held
      Asahi  -  245 words
    • Article
      Large development projects give Sydney, Melbourne a boost
      220 9 SYDNEY and Melbourne are set for a dramatic increase in property investment due to large-scale developments in those cities, according to a Jones Lang Wootton report on Australian investment property. A growing demand for more and better space and intense competition in
      220 words
    • Article
      Beijing to continue aiding Khmer Rouge
      328 9 Agencies CHINA indicated yesterday that it will continue aiding the Khmer Rouge in spite of the US decision to withdraw recognition of the Cambodian resistance coalition to which it belongs. All Cambodian factions must be included in any political settlement, said Chinese Foreign Ministry
      Agencies  -  328 words
    • WORLD WATCH
      • Article
        Moscow denies debt renegotiation report
        80 9 THE SOVIET UNION, struggling to keep up with Western debt repayments, said on Wednesday that it is trying to ease its problems with longer-term loans. But a spokesman for President Mikhail Gorbachev denied a report that the Kremlin wanted to renegotiate some of its existing
        80 words
      • Article
        Call for EC data security law
        68 9 THE EUROPEAN COMMISSION has urged the 12 members of the European Community to set a common law to protect personal data. Italy, Spain, Belgium, Portugal and Greece had no laws to control organisations which accumulated or swapped computerised data on private lives, and the
        68 words
      • Article
        Brazil begins privatisation drive
        71 9 A GOVERNMENT COMMISSION set the ball rolling on Brazilian President Fernando Collor de Mello's privatisation programme by agreeing on Wednesday on a list of the first eight state firms to be sold, starting later this year. Steel firms Usiminas, Companhia Siderurgica de Tubarao, Acos Finos Piratini,
        71 words
      • Article
        UK leads European food sector
        98 9 BRITISH-OWNED COMPANIES dominate the European food and drink industry, with 14 of Western Europe's 20 biggest manufacturers, according to a report published in London in Food Europe magazine. Anglo-Dutch giant Unilever tops the list in terms of sales, profits and total employees, turning over U5535.3
        98 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      59 9 ANNOUNCING THE ARRIVAL OF |'pjj MADE IN UK. flMpl' I ENGLISH STYLE FOR THE 90s INTRODUCTORY OFFER 40% OFF FULL RANGE MENSWEAR PLUS SPECIAL OFFER FOR JULY 1990 60% OFF ON ALL MISSONI TRAVEL WEAR KNITWEARS BLAZERS RAINCOATS OVERCOATS TROUSERS JACKETS EXCLUSIVELY AVAILABLE AT 03-18 DELFI ORCHARD 402 ORCHARD ROAD
      59 words
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      Page 9 Advertisements Column 2
      319 9 U. S. FOODS CROWNED PRIXCE i T —fry I ;v. .m Mr .iw /^nKv***********" flay/ rvqJ»»»»*»*********' Bf// i_ ltt ri»»»*»»»*»»****" I****ll L*»»»»*****q sfr/ \0 ti".*»»»»»wi/ n h ffV V I Y »tt»»t******' Xl»*»*»**f I S A>* il".»»»»»»»»»»* ***-IH]L vSw^l"**********'!! A vm»»»»*cvvi J\ VN****»l\\l /i *****I!Ia \*»»*»)i I 1 Vv***9> A
      319 words
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  • Article
    A complex development
    466 10 EDITORIAL American secretary of state James Baker dropped a bombshell in Paris on Wednesday when he announced that Washington would no longer recognise the UN seat held by the Cambodian resistance coalition and would begin negotiations with Vietnam on resolving the conflict in Cambodia. Mr Baker argued
    466 words
  • WHAT THE OTHERS SAY
    • Article
      Not-so-natural disasters
      223 10 TO CALL such events as the earthquake that shook the Philippines recently "natural disasters" is to say they are acts of God beyond the control of man. Though earthquakes or floods, avalanches and volcanic eruptions are natural phenomena, the accompanying disasters are fundamentally human events. The hand of
      223 words
    • Article
      School and belonging
      94 10 PRIME MINISTER Lee Kuan Yew noted at the Raffles Institution fund-raising dinner that aided schools have a stronger sense of belonging than government schools. More schools should therefore become independent. Even though Singapore has become more affluent, we still need education philanthropists and professionals to volunteer their
      94 words
    • Article
      All for one and one for all
      110 10 MENDAKI's new corporate plan, together with the setting up of a high-level committee to administer the $10 million government grant for education, has helped to raise its profile in the Malay-Muslim community. It is important that the community continues to be kept posted
      110 words
  • REGIONAL VIEWPOINTS
    • Article
      No confidence in whom?
      156 10 MANY would argue that this no-confidence debate against Prime Minister (Chatichai) and his Cabinet represents a milestone in Thailand's political development as the prime minister could have done something to avoid the censure had he really wanted so. This may be some consolation. But let's not
      156 words
    • Article
      The world's watching
      157 10 THE grace period on the ivory ban expired yesterday with Hongkong still holding a 460-tonne ivory stock, the disposal of which has become a keen item of interest for conservationists. The government responded yesterday to conservationist pressure by gazetting regulations controlling tourist purchase of ivory, though the
      157 words
    • Article
      Time to act
      174 10 THE Sabah state election has produced a 100 per cent victory for the Barisan Nasional (BN). But nobody sees it that way, not in the face of the intense antagonism between the two component parties, Parti Bersatu Sabah (PBS), which has been returned for a record third
      174 words
  • Article, Illustration
    Ploughing away at farm talks
    1067 10  -  The just-ended Houston summit helped set the stage for farm talks in Geneva next week. David Rosenbaum reports on the intricacies involved and the consequences if the talks fail David Rosenbaum NYT WHEN international trade talks re-convene in Geneva next Monday, the negotiators will resume
    NYT  -  1,067 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      112 10 2 iigiTi L ...to browse or to buy, tffo ASIA ART GALLERY 18-22 Juty A rare chance to see works 11am —7pm presented by artists from W </JBiMr AUCTION 21 July Unique historical pieces of 3pm antiques, paintings WMMNL sculptures are put tor sale by auction Auction catalogue to avaMabta.
      112 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article, Illustration
      Refining a strategy for success
      1396 11  -  The stoiy of the growth of Singapore's chemicals industry is a fascinating of how a ►carefully engineered has guided lahe development of pjfcwhat has become one of the key E sectors in the Seconomy, reports Lilian Ang. But jllith success comes ever-increasing vigilance. The Environment
      1,396 words
    • Article, Illustration
      Staying ever-green and clean
      1484 11 T NASSUMING and softI I spoken Khoo Chin Hean (I |L/ has a heavy weight on his that of keeping Singapore's soil, water and air as qfean as they can possibly be. The head of the Environment J Ministry's pollution control de- partment is aware that
      1,484 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      82 11 Personal touch. Gracious living. Smiling, friendly faccs await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping a your doorstep. A choice location near exciting Orchard Road and the central business district. And t jjr+r v most of all, that
      82 words
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  • FOCUS
    • Article, Illustration
      A giant garage sale in Argentina
      814 12  -  Argentina and Brazil, with their enormous overhang of foreign debts, not to mention other economic woes, are taking bold initiatives like privatisation and the removal of trade barriers. There is hope yet. By Ed McCullough AP PLANES, trains, ships, ports, casinos, racetracks, hotels, radio
      AP  -  814 words
    • Article
      President Menem: producer, director and star
      572 12 AP PRESIDENT Carlos Menem has made the country his stage. If Argentina were a play, he would be producer, director and star. In the first year of his presidency, by personality as much as policy, Mr Menem staved off hyperinflation, social tension and the
      AP  -  572 words
    • Article, Illustration
      Reviving Brazil Incorporated, a company that went broke
      676 12  -  By James Brooke NYT HAVING started an overhaul of the economy and a striking removal of trade barriers, the government of Brazil is now looking to the international financial community for support. With talks going on now on Brazil's foreign debt, the
      NYT  -  676 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      197 12 Take your First Bite with our at Singapore's First Apple Centre As Apple Centr- Techßiz Systems Pte Ltd, we are here with Apple's seal of approval! In addition we have Apple-trained staff and training facilities to provide you better support, service and consultation than any other Apple reseller. See how
      197 words
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  • SPORTS
    • Article, Illustration
      Agassi struggles through
      354 13 AP TOP-SEEDED Andre Agassi, playing for the first time since his loss in the French Open final, struggled through a first-set tie-breaker before defeating Brad Pearce 7-6, 6-3 on Wednesday in the second round of the Sovran Bank Classic in Washington. Agassi, ranked fourth in the world,
      AP  -  354 words
    • Article
      LeMond survives scare to stay in running
      344 13 AP GREG LEMOND used the old team effort to stay on course for the Tour de France title although he thought his dream of another title may have gone flat. Meanwhile, Dimitri Konyshev recorded another first as he became the first Soviet to
      AP  -  344 words
    • Article
      Rose's Hall of Fame hopes may hinge on court decision
      325 13 AP PETE ROSE will have to beat the odds to stay a free man and to realise his last cherished baseball dream election to the Hall of Fame. Baseball's all-time hits leader could be sentenced to jail on two felony
      AP  -  325 words
    • Article
      Wilander crashes out of Mercedes Cup
      191 13 AP UNSEEDED Franco Davin of Argentina beat Mats Wilander 6-1, 4-6, 6-2 in a sec-ond-round match at the US$l million ATP Mercedes Cup tournament in Stuttgart on Wednesday. Wilander, who has fallen from the world's No. 1 spot to 42nd in two years, had
      AP  -  191 words
    • SIDE LINES
      • Article
        Wynn accused of trying to delay title fight
        90 13 EVANDER HOLYFIELD's promoter has accused hotel operator Steve Wynn of trying to delay the heavyweight title fight between Holyfield and James "Buster" Douglas so that Douglas will have a better chance of winning. Dan Duva made the accusation on Wednesday after he
        90 words
      • Article
        Play safe, says Yamaha chief
        121 13 IF CHAMPIONSHIP LEADERS Wayne Rainey and John Kocinski go all out to win the French Grand Prix races at Le Mans on Sunday, they will face the wrath of Yamaha r team manager Kenny Roberts. 'The important thing now is to get them so they're
        121 words
      • Article
        Cram out of Goodwill Games
        88 13 STEVE CRAM, the world mile record holder, pulled out of the Goodwill Games in the US on Wednesday because of ongoing injury problems. The Briton was aiming for the 1,500 m in Seattle, Washington, next Monday as one of th£ key races in his build-up
        88 words
      • Article
        Ex-champion jockey penalised
        56 13 FORMER Hongkong champion jockey, Gary Moore, has <<• been fined a total of HKSI.3 million (U*****,000) and rtiyn disqualified for five and half years, racing authorities in the British territory said yesterday. The Royal Hong Kong Jockey Club found Moore, a 37-year-old Australian, guilty v, of 66
        56 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      59 13 AXIMUO" ORIGINAL ITALIAN FURNITURE Cbrotne neei fnme or Hack Lacquer Reel fhene Genuine Black LBATHEJI SEAT ERICA $155 Vif* PBTA $177 BRA VO fl W SHALLY/P $199 VAIXY $155 TWA $144 wAssnjs26s Flee* call Tel: 271-2211 for Immediate delivery. II U Orchard Road #o*-01, S'portOWJ. T«fc JWW3J il» Hn ,to»n.
      59 words
    • Advertisement
      Page 13 Advertisements Column 2
      142 13 L| I lYi I When it's t \v Vy V* Pm seeker T>m *n<»«r» Go* Club Company If you want your golf to look as stick as an Armani suit, then irt time you tried Pinseeker clubs from the USA. Pinseeker are designed to bring out the best in every
      142 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      199 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WfE, PINE... FIESTA FILIPINO JULY 9 22 AT THE TEA ROOM The exotic heritage of Filipino cuisine, an exuberant i blend of Malay, Chinese, Spanish and American dishes n prepared by master chefs specially flown in
      199 words
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      Page 14 Advertisements Column 2
      339 14 DELICIOZQ HYATT Mama Mia! Pete s Place introduces more exciting gastronomic treats for ail lovers of Italian food SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of
      339 words
    • Advertisement
      Page 14 Advertisements Column 3
      224 14 An annivera^ W It's our anniversary W w; ln i u «y l J With $30 spent after I 8 pm you I complimentary I' souv enir liquor to Cheers to an romance over at club^ Feast on our Chefs Specialty f Rsh Head Curry at only $17.50 OTP j
      224 words
    • Advertisement
      Page 14 Advertisements Column 4
      278 14 Oyster Bwlwbllw Roast PotUota with rhtMw a Pnrwro Creole, Flap Jacks, Apple Pie... the bst goes on at The jl Belvedere's American Buffet in July. For a true-Blue American JL meal, c'mon over to The Belveocre. in I||fct ~.r L if July I*3l, noon 2.30pm Adult $36++, Child below l£
      278 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      617 14 TELEVISION AND RADIO 1 Money or marriage? g£i-r f umentary). This weeks edi- t ss Ratnam 2-00 Sriua Malaysia II (L from LIT* r2?Zi P' IHVSTII'ViI'faITiTSB fitr-V- in" his team of doctor who Sarawak). 5JOp«, 125 a* Financial News ■KSUUIQUSI > discriminate cross breeding brou£. hop. to childless T.W CM.
      617 words
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  • LIFESTYLE
    • Article, Illustration
      The secret life of Madonna
      1008 15  -  She's got it all. More wigs than Paul Daniels. More corsets than Pavarotti. More costume changes than Superman. Duncan Terrace investigates and speculates about the material girl Duncan Terrace Punch WHO'S that girl? Who is Madonna? It is a question that has puzzled critics and
      Punch  -  1,008 words
    • Article, Illustration
      Relief for endangered reefs
      512 15 AFP TOURISTS, divers and collectors threaten coral reefs in 90 out of 106 countries where they exist, with the Caribbean and east Africa hardest hit, according to a report by conservationists. Curiously, the greatest threat to the reefs comes from infrastructures set up to facilitate access
      AFP  -  512 words
    • Article
      Garbo's furniture books to be sold in November
      440 15 CHATTERBOX. THE public which Greta Garbo held at arm's length in a lifetime she dedicated to being "left alone" will now have a chance to buy her art works, furniture and rare books. Sotheby's New York announced on Wednesday that it will
      440 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      295 15 AND ENTERTAIN Wild About Game game promotion I 16 TO II JULY 1990 C DINNER 7PM TO ALL PRICES SUBJECT ft;J| to io% service CHARGE AND MS cess Wc bring you the best of the hunting season roast pheasant, succulent saddle of hare and aromatic wild duck. All prepared in
      295 words
    • Advertisement
      Page 15 Advertisements Column 2
      157 15 TEOCHEW THAI SEAFOOD Spicy. Tantalising. Mouth-watering. Come experience these tempting treats at Siam Square Restaurant today! 'Only ala carte menu f 3 Coleman Street Peninsula Shopping Centre S pore 061 ui 41 Chinese cuisine, flavoured vEI t best of Thai. Cher 120 mouthwatering specialities ;j pt and an array of
      157 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Poor overseas leads dampen local bourse
      4470 16  -  By Magdalene Ng WALL STREETs overnight fall and Tokyo's mixed performance dampened trading interest on the local bourse, leading share prices to close generally softer yesterday in quiet trade. Brokers say foreign fund managers and institutional investors lack commitment in this area and thus
      4,470 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4194 17 Main Semb Shipyard 725 +30 +4.3% Sunshine Allied 420 +30 +7.7% BAT 22* 35* +14 +4.1% C4C 490 +12 2.5% Haw Par 306 +11 +3.7% SPH Foreign 1180 +10 +0.9% Inchcape 530 +10 +1.9% Lee Kim Tah 50* 137 +10 7.9% Robinaon 298 +9 +3.1%
    4,194 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      238 18 I vV^Ww mm to prvM/lMt (L) par star* divMaad ('060) (ctnts) 8 Sonfcawang Jul 5 Mar 90 $13,454($6,793) 56 l(2« 3a) 35n(15a) MatroHMp Jul 4 Mar 90 $8,006($10,219) 14 6(18.7a) 4(2.7a) KomnamM Jul 4 Mar 90 M$105.988($98.362) 37.1(34.5) 30k(45) Sport Fodder Jul 2 Oac 89 $590l($763l) Tramurco Jul
      238 words
    • Article
      PRELIMINARY RESULTS
      235 18 Cwmh Dad Ymr Cmp pre-tax Nat Mnriags Craw MM to praM/tea* (L) par ahara dMd«Md fNI) (cmmIS) Choc *od Jul 18 Mar 90 M82.112(M81.231) R»M Hunam M 13 May 90 M830,105(M815,338) 21.8(11.1) 5(4) PeJaa® 8M Jul 12 Mv 90 M814.247(M810,387) 6.5(4.6) 10(8) tutan Jul 5 Mar 90 S32.090p(S19.078)
      235 words
    • Article
      INTERIM RESULTS
      151 18 Ciapim Bate lUtf-yaw trwf pn-tu iMterta mm t» prvltt/lMS (L) <M<mm< COM) M Ofl»nt JM 12 May 90 MJ29,627(MJ14,717) 7.5(C) Gawb Mdgs Jw 29 Mar 90 *53,2371 (*2,2360 Pabfc Can Mm 29 Mar 90 J68l(-) Saoianda rtdp Jun 28 Mar 90 M$4,997(f5.120) CASH Jun 26 Feb 90 M«69L(J500t)
      151 words
    • Article
      DIVIDENDS ANNOUNCED
      608 18 Carrtat Ex Ms Date Trfal tor TtM tor payaMat Mi dm payaMt tlw jmt Ih* yaar Nn Wp 6% Aug 28 S«p 7 S«p 26 6% 6% MR NYA Jun 20 MS Aug 15 NYA 1 29sen Mi Padk 15.4% (I) Jul 4 Jul 16 Jul 20 154*
      608 words
    • Article
      CORPORATE DEVELOPMENTS
      808 18 Jul II Staga*** Soviet Shipping (Sinsov), a shipping agency 50 per cent owned by United Industrial Corporation, is planning a public listing in Singapore. Mht tmcm btowMnl Ltd (USI). a Hongkong listed subsidiary of Wing Tai Holdings, is acquiring a 29.6 per cent stake in UK-listed garment manufacturer
      808 words
    • Article
      RESULTS DUE
      734 18 5te|»iri Stacks Last FaN Year C a*a* NM Mi Tw M 9S (M M M yw (TM) leant HaM Mm Mv 30 Ok 89 S35L(h) OS Meran Apr 26 JM 90 9 3(a) 23TE(i) 4.747 Tat La FMaca FmM Jim 1 Dk 89 12.3 8.0 2206 FIN Mm
      734 words
    • Article
      APPROVED ISSUES
      254 18 Pomp my Rights ISMM SB Cap One-tor-three MSI GO par share $30 131m It Convert** Unsecured Low Stock of M)100 mmnal v*e to be mad on the bass of 1 CULS lor every agM s/vares hatd Ei-date Jan 6 dan; Jan 20 Acceptance A Payment Aug 6 KWa
      254 words
    • Article
      BONDS, LOANS & WARRANTS
      602 18 BONDS, LOANS WARRANTS C&C M Baton 28/4/53 1 awrwl pto $109 art Cmmmt Laa 21 Camay M 2/10/0 to 20/10/94 1 warrant SI a* ar 1 warrant $1 wmmat aamnt of toa Ml q—*»■*■ 0— Hp M Marcfa 87 to 31/12/11 1.55 mrnts ptoi gJ6 art Qm Mf MM l/l/»
      602 words
    • Article
      PROPOSED ISSUES
      482 18 Company Rights Issue CjuMwsy kw Caprtal reduction scheme to reduce par value of shares from SI 00 to »60; ArMs issue of 3:2 fe JO 60 per share QM One-tor-one fe MJ4 00 per share Every tour rfhts shares would be issued with one TSR. EMS One-tor two
      482 words
    • Article
      COMPANY MEETINGS
      185 18 Transnarco Ltd: AGM at 65 Chuiia Street #33-00 OCBC Centre. Singapore 0104 on Friday, July 20, at 11.30 am. Metro HoMnp Ltd: 17th AGM at 65 Chuiia Street #33-00 OCBC Centre, Singapore 0104 on Friday, July 20, at 12 noon. Smgapore Mm United: 18th AGM at the Bencoolen
      185 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      620 18 WW Swiss Volksbank Balance Sheet as at 31 December 1989 Profit and Loss Account Mart appropriation of net profit for year ending 31 December 1989 Assets 1989 1988 taceme 1969 1988 SFr. mill. SFr mill SFr mill SFr mill Cash. Giro and Postal Check Accounts 533 450 Interest Received 2
      620 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Shares end mixed after roller coaster ride
      3797 19 MBT, Bernama SHARE PRICES went on a roller coaster ride to finish mixed for the third consecutive session on the Kuala Lumpur stock market yesterday. The KLSE Composite Index eased 0.74 of a point to 629.53 A broker said investors were still cautious
      MBT,; Bernama  -  3,797 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      72 19 PPIP 1, ROALD DAHL Ah, Sweet Mystery Of Life In this compelling new collection of tales, Roald Dahl's urbane and sophisticated wit is directed at the unfathomable mysteries and eccentricities of rural life. iROALDI DAHL "A sophisticated account of village life the rural characters are moulded by the author's dark,
      72 words
    • Advertisement
      Page 19 Advertisements Column 2
      275 19 > Haw Par Merchant Bankers Ltd, a subsidiary of Haw Par Brothers International Ltd, seeks suitably qualified candidates for the position of:ASSISTANT MANAGER INVESTMENT DIVISION Thg Job The selected candidate will be required to deal actively in the local as well as international equity markets within guidelines set by the
      275 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Last-minute buying shores up prices
      2256 20 Reuter TOKYO stocks closed mixed yesterday after buying of the cash index in the last minutes of trade brought the benchmark average up from a 200-point dip. But despite relatively high volume, brokers said underlying market sentiment was weak, with many looking to take profits
      Reuter  -  2,256 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Shares consolidate in heavy volume
      2482 20 Reuter PROFIT-TAKING went hand in hand with buying as Hongkong shares consolidated in heavy trade yesterday, brokers said. "The market is quite stable after Wednesday's late rally and it is showing strength," Crosby Securities executive director Ferris Bye said. "Volume is a good indicator and
      Reuter  -  2,482 words
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  • REGIONAL STOCK MARKETS
    • Taipei stocks break 5,000-point barrier
      • Article
        AUSTRALIA
        1082 21 THE Australian sharemarket finished weaker yesterday, but off its lows following the 18-point fall in the Dow Jones on Wednesday, brokers said. Trading was slow with most volume confined to the majors. A broker said the index fell too quickly in early trade, but closed at a reasonable level.
        1,082 words
      • Article
        SEOUL
        719 21 SEOUL stocks fell on profit-taking yesterday with political instability continuing to plague the market, brokers said. The Composite Index closed at 693.44, down 4.57 points from the previous session. Turnover was 110.4 billion won against 141.3 billion at Wednesday's close. Seoul Worn COO) Anam Electric Ind 192 3 Anam
        719 words
      • Article
        MANILA
        499 21 MANILA shares eased further in lacklustre trade yesterday after reports of more destruction caused by a powerful earthquake reached the Philippine capital. The Manila Stock Exchange Composite Index shed 1.74 points to close at 880.48. The combined volume at the two bourses rose to 371.46 million shares worth 104.14
        499 words
      • Article
        TAIPEI
        354 21 TAIWANESE stocks finished sharply higher yesterday, breaching 5,000 on a technical rebound as investors bought back in at low prices, dealers said. The Weighted Index rose 235.21 points, or 4.9 per cent, to finish at 5,013.05 compared with Wednesday's 4,777.84 finish. Turnover was NT$5O.3 billion against 36.6 billion. Rises
        354 words
      • Article
        BANGKOK
        712 21 BANGKOK stocks rallied broadly yesterday, reaching a second successive re- cord index close, but were off earlier highs on profit-taking focused on finance issues, brokers said. The composite SET Index ended 12.40 points higher at a record 1107.68 after advancing 27 points midway through the session. Winners led losers
        712 words
      • Article
        NEW ZEALAND
        335 21 NEW ZEALAND shares ended lower yesterday in line with Wall Street's easier close but brokers said continued overseas buying helped lift the market off its lows. The Barclays Index Estimate dosed* 11.70 points down at 1,897.60 on rca-! sonable volume. "The most interesting thing was that; it eased
        335 words
      • Article
        BOMBAY,
        163 21 BOMBAY share prices shrugged off fresh curbs on trading to rally strongly on Wednesday, boosting the Bombay Stock Exchange Index to a new high, brokers said. The Exchange Index rose 9.99 points, or 1.09 per cent, to 926.92. The National Index gained 5.50, or 1.15 per cent, to 482.82.
        163 words
      • Article
        Untitled
        886 21 Close PiwfaM J sly 19 SYDNEY All Ordinaries Index 1,608.2 1615.7 -7.5 All Industrials Index 2,497.2 2510.2 -13 All Resources Index 928.7 932.2 -3.5 Turnover (million) 86.82 99.77 -12.95 BANGKOK SET Index 1107.68 1095.28 +12.40 Turnover (nearest "000) NA NA JAKARTA Composite Index NA NA Turnover (nearest '000) NA NA
        886 words
  • Page 21 Advertisements
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  • WORLD STOCK MARKETS
    • US blue chips close moderately lower
      • Article, Illustration
        NEW YORK
        1075 22 A HIGHER-THAN-EXPECTED rise in June US consumer prices and comments by Federal Reserve chairman Alan Greenspan drove US blue chips to a moderately lower finish on Wednesday as US bond prices ended down sharply. "The overriding concern in the (stock) market is the bond market," said Hugh Johnson,
        1,075 words
      • Article, Illustration
        LONDON
        840 22 BRITISH shares were a fraction weaker in dull trading at midsession yesterday, as the market quietly absorbed a clutch of economic indicators. The economic data showed UK average earnings rose 9.75 per cent in the year to May after rising 9.5 per cent in April. June unemployment rose 5,600
        840 words
      • Article
        JOHANNESBURG
        338 22 THE Johannesburg stock market remained mostly unchanged at noon yes- terday in the absence of any clear clues to the market's direction. Dealers said US Federal Reserve chairman Alan Greenspan's testimony to Congress failed to inspire any enthusiasm in a market still clouded by economic and political uncertainties. At
        338 words
      • Article
        MILAN
        192 22 ITALIAN stocks ended weaker yesterday but above the day's lows in volume estimated to be below Wednesday's 316 billion lire, brokers said. The MIB Index slipped one point, or 0.09 per cent, to finish the day at 1,088. Demand for banks and insurers helped reduce a wave of profit-taking
        192 words
      • Article
        ZURICH
        322 22 SWISS shares traded steady at midsession on moderate volume yesterday, dealers said. Nestle bearers and registered shares and Roche GS, actively traded, led the bourse higher from a lower opening. The SMI Index of leading shares was down 1.6 points at 1,833.7 and the SPI All-Share Index traded 0.3
        322 words
      • Article
        PARIS
        193 22 FRENCH share prices opened easier yesterday as profit-takers moved into the market ahead of the end of month account, dealers said. Wall Street's lower dose also dampened sentiment in what is a fragile market of thin volumes. "After Tuffier's problems, a lot of foreigners are nervous about using a
        193 words
      • Article
        AMSTERDAM
        234 22 DUTCH share trading came nearly to a standstill on Wednesday, with prices barely changed, as investors paused ahead of the first half of 1990 corporate results due in August, brokers said. The All-Share index opened 02 higher at 122.0 per cent Wall Street's failed attempt to break the 3,ooojpoint
        234 words
      • Article
        BRUSSELS
        193 22 BELGIAN shares dosed mixed in moderately active trading on Wednesday on the last day of the current two Week forward market account. The Brussels Forward Market Index eased 15.18 points to 6,181.09 and the Cash Market Index eased 4.88 points to 6,257.23. Volume totalled one billion francs. Retailers and
        193 words
      • Article
        TORONTO
        203 22 TORONTO stocks extended early losses on Wednesday after a bigger than expected rise in the US consumer price index for June weighed down shares in morning trading, dealers said. Weak US bond prices also depressed the market, they added. The Composite Index dropped 26.0 to 3587.4 on volume of
        203 words
      • Article
        FRANKFURT
        282 22 WEST GERMAN shares ended mostly lower in cautious trading yesterday, as a lack of follow-on orders eroded early gains. The 30-share DAX drifted gently lower in the last 30 minutes of trade. Dealers said hopes of reaching a new high yesterday evaporated as buyers hesitated, uncertain which way the
        282 words
      • Article
        Untitled
        191 22 July IS Ooac PurtaB NEW YORK Dow Jones 2.981.68 2,999.75 -18.07 NYSE Financial 145.38 146.14 -0.76 SAP 500 364.22 367.52 -3.30 Turnover (million) 168.76 176.79 -8.03 LONDON Financial Times 30 1900.60 1,912.9 -12.30 FTSE 100 2402.00 2,415.0 -13 Turnover (million) 589.8 493.6 96.2 AMSTERDAM CBS General 201.5 202.40 -0.90 Stock
        191 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Sterling drops slightly on thin volume in volatile trading
      1237 23 FOREX MARKET REPORTS STERLING yesterday fell slightly in volatile European morning trade because of thin volume. Dealers said profit-taking pushed sterling down after the market went long of sterling on Wednesday, taking the currency to just above 3.00 marks. "Many people
      1,237 words
    • Article
      INTERBANK FOREX RATES
      391 23 Cross rates July 19 us$ SS MS Dm Yen SFr AS NZS 1.8170 2.7060 1.6465 147.85 0.5516 1.4140 1.2715 1.6892 SS 0.5504 1.4893 0.9062 0.8137 E 3036 0.7782 0.6998 0.9297 •MS 0.3695 67.15 0.6085 0.5464 0.2038 0.5225 0.4699 0.6242 a 0.6073 1.1036 1.6435 89.80 0.3350 0.8588 0.7722
      391 words
    • Article
      MONEY MARKET
      568 23 Interbank rates Bid Offer Overnight 5 5/8 5 3/4 1-month 7 1/8 7 1/4 2-month 7 1/8 7 1/4 3-month 7 1/8 7 1/4 —Overnight mode: 7-3/4 L'SS Bid Offer 7 days 8 8 1/8 I month 8 8 1/8 2 months 8 8 1/8 3 months 8
      568 words
    • Article
      Japan sets 3-year deadline for rate liberalisation
      238 23 Reuter JAPANESE Financc Minister Ryutaro Hashimoto said the Ministry of Finance (MOF) expects to complete the liberalisation of interest rates on time deposits within the next three years. But he told a meeting of regional bankers that the ministry would carefully watch its
      Reuter  -  238 words
    • Article
      FINANCIAL FUTURES
      1580 23 SIMEX Eimoootm Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.94 91.94 91.93 91.94 3244 ***** 3241 Dec 90 91.94 91.95 91.93 91.95 4618 ***** 2561 Mar 91 91.91 91.93 91.91 91.93 839 3327 934 Jun 91 91.73 91.74 91.73 91.75 153 876 187 Sep 91
      1,580 words
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  • COMMODITIES
    • Article
      Oil traders split on price direction after Opec meeting
      578 24 Reuter FAR EAST oil traders are certain oil prices will move after next week's Opec meeting, but they have sharply conflicting opinions about the direction in which they will go. "I am rather optimistic this time," says Hideo Ito, operating officer
      Reuter  -  578 words
    • Article
      Steel output of 40 nations down slightly in first half
      169 24 Reuter STEEL output by 40 countries, accounting for 87 per cent of world production, fell by 2.7 per cent in the first half of this year compared with the same period of 1989, the International Iron and Steel Institute said.
      Reuter  -  169 words
    • Article
      Tin recovers to M$16 on the KL market
      832 24 REPORTS THE PRICE of tin rose another 10 sen to MS 16 per kg on the Kuala Lumpur Tin Market (KLTM) on strong demand and sellers' reserve, traders said. Buyers are covering their short positions as they expect prices to rise further
      832 words
  • Article
    PRICES
    1326 24 Rubber July 19 ■M(t* !■>*») S centVkg Noon Close Inl I RSS Prompt 154.00*155 OON 154.00*155 OON Int I RSS Aug 90 155.00*135.50 155.00/1 S5.S0N Int t RSS Sep 155.00*155.50 155.00*155.50N Int 2 RSS OP 152.50/154.50N 152.50/154.50N Int 3 RSS OP 148.00/150 OON 148 00/150.00N Int 4 RSS OP
    1,326 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      932 24 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF MED4NFO PTE LTD /I— »a i \lf» PMmOtri voluntary Liquidation) NOTICE OF SPECIAL ANO OROINARY RESOLUTIONS [Pursuant to Section 2so(2)(b)] At an Extraordinary General Meeting of the Company held at 15 McCallum Street. *04-01/02 Na
      932 words
    • Advertisement
      Page 24 Advertisements Column 2
      725 24 IN THE MATTES OP THE COMPANIES ACT, CAP. M AND IN THE MATTES OP PENTA ENGINEERING SERVICES (PTE) LTD (la Member*' Velaatary UqaMattea) Special Beeetatteae NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of PENTA ENGINEERING SERVICES (PTE) LTD. duly convened and held at 601 Sims Drive, #01-07
      725 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide Co investing in the stock market. Every Saturday in Business Times.
      15 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1044 25 CKy FlgM ETA ETD Ata DfcaM GA976 0010 SR187 1955 GA890 2240 GA970 2255 SQ225 2215 Umm RJ182 1445 RJ183 2320 Olllari— KL835 1415 KL836 2115 SQ23 1810 SQ24 2200 QF16 1820 GA890 2240 fltiiBi SQ31 0825 SQ24 2200 QF16 1830 0A471 2205 kKMmi TE25 1800
    1,044 words
  • THE TRAVEL PAGE
    • Article, Illustration
      From red stars to red lights
      633 25  -  LETTER FROM HUNGARY By Alex Bandy THE change from communism to democracy has made sex a growth industry in Hungary. Red lights now glitter where red stars once shone brightly. Budapest kiosks feature at least a dozen sex magazines. A pornography shop joint venture
      633 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4260 1.4460 Canadian dollar 1.338 1.3780 NZ dollar 1.063 1.093 Sterling pound 3.2730 3.2930 US dollar 1.8120 1.8220 Local dollars to 100 units of foreign currency Austrian schilling 13.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      94 25 Duration Title Venue Organ ber Td Duration Title Venue Organiser Tej July 24 How To Profit From Hyatt AIC 03-*****43 1-2 New Trends In The Hilton Hotel AIC *****98 A 25 The Cost Control Aryaduta Conference Re#ort Jlkaru Conference Revolution HcxeUakarta Industry Aug 2-3 Marketing Ming Court
      94 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      55 25 1. Aop- .K; T' "T" persons ocr\ m I 4 I Ihuml.u. >it is r»!.i v .iml Sundn I living 1 M I m I h.inci \irp«>rt it hours jinl arming .n Jl S _JL Hc.lthrow c.irK the loli«min<; mnrntn'4. (X) Al:i:l.\rliiM' I- K I s li A 1 1;
      55 words
    • Advertisement
      Page 25 Advertisements Column 2
      117 25 DO YOU KNOW? Is it sale lor women to smoke, drink or take drugs during pregnancy' Does drug-taking impair sexual (unction? Can we consume alcohol with our medicine? Is it harmful to our bodies it we take drugs to stop pain? Find out the answers to these questions and many
      117 words
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      Page 25 Advertisements Column 3
      346 25 NOTICES IN THE HIOH COURT OF THE REPUBLIC OP SINGAPORE COMPANIES WINDING UP NO. ltf OP ISM IN THE MATTER OP THE COMPANIES ACT (CHAPTER (MM REVISED EDITION) Aai IN THE MATTER OP MAIRA ENTERPRISES PTE LIMITED ADVERTHEMENT OP PETITION Notice la hereby given that a petition for the winding
      346 words
    • Advertisement
      Page 25 Advertisements Column 4
      215 25 r— j NOTICE j I NOTICE IS HEREBY GIVEN that. I CHUA TENG I THIAW of No. 406 Bedok North Ave 3 #02-191 I Singapore 1646 have applied for a BEER HOUSE, I FIRST CLASS licence in reepect of premieee at M/tTaiChuan Eating Houee at 60 Waterloo Street Singapore 0718,
      215 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      193 25 The head 12 Go in sports to check progress (5) 26 Woman's voice offers love to Nicaraguan rebel lieu- I I I I 27 He presents a fellow with the alternative (5) tartStf) YESTERDAY'S SOLUTION 28 Incomparable advice to uoiuci yj) the over-zealous marriage Corporal punishment for bureau (9) hefty
      193 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      210 25 Singapore Outlook; Showers over several areas in the morniag Report Max temp 32.5* C Assoc humidity 64% Min temp. 24.9* C Assoc humidity 93% Hrs of sunshine 8.15 Rainfall in mm 3.3 Rainfall this mth 56.2 Rainy days this mth 7 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 15/08 Showers Bangkok
      210 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      37 25 five: vißy last- look -me -rue. TV*e LWST A \JTHif4G y I OP Pi FIOORBOhSD I >#0U OO &eFbfce._VOU T<JRN IN VRNO S€£.«OU> muCH I've SOT U6FT.... V A yr ii .ftljf c Kvtwwo trowoowp co. LTT^,tm.tw»
      37 words
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  • Article
    Singapore, HK investors eye stake in Indon tyre cord maker
    415 26  -  From Genevieve Cua in JAKARTA INVESTORS in Singapore and Hongkong are keen on having a stake in Indonesian tyre cord manufacturer, PT Branta Mulia, which will make its debut on the Jakarta Stock Exchange in two to three weeks. All
    415 words
  • Article
    Retrofitting work likely to hit $700m this year
    294 26  -  By Lilian Ang OVER $700 million worth of retrofitting work is expected to be dished out to the construction industry this year, more than 10 per cent higher than last year's $626 million. And by 1993, when the public housing upgrading programme
    294 words
  • Article
    No imminent change in rates, hints Greenspan
    322 26 NYT IN SPITE OF increased pressure from the Bush administration for a quick reduction in interest rates, the chairman of the Federal Reserve Board suggested on Wednesday that rates will not be lowered soon, except to offset unusually restrictive commercial lending practices. Mr
    NYT  -  322 words
  • Article
    Hawke wants Constitution updated
    154 26 AFP AUSTRALIAN Prime Minister Bob Hawke yesterday invited his countrymen to prepare M a more contemporary Constitution'* to celebrate 100 years of federation in the year 2001. The present system of a federal administration, six state governments and two self-governing territories had produced inefficient public services,
    AFP  -  154 words
  • Article
    Tokyo's foreign banks cut forex operations
    219 26 Reuter SEVERAL foreign banks in Japan are making drastic cuts in their foreign exchange operations. Four banks have already started cutting back and several others could follow suit before the end of the year, officials say. A year ago, foreign bankers in Tokyo were
    Reuter  -  219 words
  • Article, Illustration
    Mandela celebrates birthday
    40 26 Black South African nationalist leader Nelson Mandela celebrated on Wednesday his first birthday since his release from prison in February. His 72nd birthday party was held in Soweto, complete with cake and candles. AFP picture AFP picture
    AFP picture  -  40 words
  • Article
    Indonesia set to gain from ties with China: Alatas
    309 26 AFP JAKARTA will profit both politically and economically from the upcoming resumption of diplomatic ties with Beijing, Indonesian Foreign Minister Ali Alatas has predicted. Normalisation of ties "will remove one obstacle to us fully developing our role, especially in the Asia-Pacific
    AFP  -  309 words
  • Article
    BP, Mitsui, Sumitomo in Indon tie-up
    152 26 AFP BP CHEMICAL Investment Ltd of Britain, and Mitsui and Co Ltd and Sumitomo Corp of Japan yesterday joined forces ia a US$BOO million polyethylene venture in Indonesia, company officials announced in Jakarta. The three companies, with a group of Indonesian investors, would build
    AFP  -  152 words
  • Article
    Indonesia may join nuclear project
    189 26 Reuter INDONESIA, short of electric power, is considering taking part in a research and development project for a new type of nuclear power plant designed by General Electric Co, a spokesman for Mitsui and Co Ltd said in Tokyo yesterday. The project, in which Mitsui,
    Reuter  -  189 words
  • Article
    Why govt curbs on AWSJ continue
    273 26 RESTRICTIONS on the Asian Wall Street Journal will continue until its parent company Dow Jones pays more than lip-service to Singapore's foreign press rules, the government said yesterday. In a Communications and Information Ministry-issued statement, the government said Dow Jones vicepresident Karen Eliot House
    273 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      57 26 Baume Mercier GENEVE 1830 fine CARPETS for the Discerning Buyer RARE OLD A NEW OLD TRIBAL AUTHENTIC PERSIANS AFGHANS NEW PAKISTAN TIENTSIN WOOLLEN/ PERSIAN A SHANGHAI SILK BOKHARA DESIGNS A PERSIAN DESIGNS AMIR&SONS ltd (SINCE 1921) #03-01 Lucky Plaza, 304 Orchard Road, Singapore 0923. Tel: *****83 *****12. Fax: *****35. WEEKDAYS:
      57 words
    • Advertisement
      Page 26 Advertisements Column 2
      165 26 _0L Baume Mercier GENEVE 1830 Im^'ulK^leom *jr\ E I SfsM WV X,™ T Enjoy supreme Continental cuisine in the elegant and conducive ambience of The Grill Room. Savour our Chefs specialities: Roast Breast of Duckling with Peach, Fresh Lobster Noilly Prat and Tournedos of Beef Embassy amongst others. Complement your
      165 words
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  • Shipping Times
    • Article
      S'pore-Myanmar shipping services on the rise
      482 27  -  By A J Leow MORE SHIPS are going to Myanmar's (Burmese) ports, prompted by a rash of new business ventures coming up in the once-isolated country. The latest from Singapore is Myanmar Container Line, a new joint venture between Myanmar interests and a Swiss
      482 words
    • Article
      NCT expected to go into box retrofitting this year
      222 27  -  By Othman Abu Bakar MALAYSIAN depot operator NCT is likely to move into the box-retrofitting business by the year's end. The private operator recently started operations at its container maintenance and repair (M&R) facility at Port Kiang NCT executive director AHM
      222 words
    • Article
      S'pore popular among UAE airline customers
      215 27  -  By Sangeeta Mulchand SINGAPORE has proven to be a favourite destination for travellers in the new range of Far East tours launched by Emirates, the international airline for the United Arab Emirates. Singapore, Bangkok and Manila three new destinations for the UAE airline accounted
      215 words
    • Article
      Thai docking facilities for luxury liners?
      192 27 THE Tourism Authority of Thailand (TAT) is looking at building docking facilities for tourist ocean-going vessels in a bid to tap the international luxury cruise market. A seminar will be organised in October to discuss the plan, said TAT deputy governor Seree Wangpaichit. Thailand
      192 words
    • Article
      Seoul and Moscow to open direct sea routes
      104 27 Reuter SOUTH KOREA and the Soviet Union have agreed to open direct sea routes this year to promote bilateral trade, officials at the Korea Maritime and Port Administration (KMPA) said. The accord was reached during three days of talks between Soviet and
      Reuter  -  104 words
    • Article
      EC calls for single transport network
      161 27 Reuter THE European Community's Executive Commission called on the 12 EC states to unite their national road, rail, sea and air transport systems in a single trans-European network. Fusing the EC's diverse transport structures is essential to create a barrier-free internal market by the
      Reuter  -  161 words
    • Article
      Air Canada bans smoking on Europe flights
      141 27 Reuter AIR CANADA will make all its Europe flights non-smok-ing from Oct 1, except for those to Singapore and Bombay, which carry a higher proportion of smokers. This move will make it the first international airline to offer only non-smoking seats to all
      Reuter  -  141 words
    • Article
      EC ready to cut subsidies to aeronautics industry
      302 27 AP THE EC Commission on Wednesday proposed a strategy to bolster the position of European commercial aircraft makers that includes cuts in subsidies if competitors, notably the United States, do the same. "We want a progressive reduction" in subsidies to the EC
      AP  -  302 words
    • Article, Illustration
      Cargolux to operate third service via S'pore
      390 27  -  By Rahita Elias AIR-CARGO freighting specialist Cargolux of Luxembourg, which last week boosted its capacity by 40 per cent with a new service, is planning to start a third service via Singapore in September next year. The company this month also set up
      390 words
    • NEWS SUMMARY
      • Article
        Long-haul jets reshape Asian sky war
        41 27 AFTER years of promoting beautiful stewardesses and gracious service, Asian airlines are spending billions of dollars on the latest long-haul jets in a bid to become mega-carriers by the end of the *****. Pace 2
        41 words
      • Article
        Japan sees more profitable lines
        30 27 INDUSTRY rationalisation, the use of more foreign crews and and better door-to-door container services are likely to raise profitability among Japan's major lines. Back Pa^e
        30 words
      • Article
        Japanese yards enjoy export boom
        38 27 JAPANESE shipbuilders last month signed contracts to export 13 ships, all tankers, totalling 1,001,350 tonnes, a rise of 31.1 per cent from a year earlier, the Japan Ship Exporters Association said. Back Page
        38 words
      • Article
        Argentina awards airline tender to Iberia
        40 27 ARGENTINA awarded t tender it held to sell an 85 per cent stake in its Aerolinea* Argentinas carrier to an investment group led by the Spanish airline Iberia Hineas Aareas de EspanaSA Back Page
        40 words
      • Article
        Jeuro to ship Mongolian goods
        31 27 LEADING Japanese forwarder Jeuro Container Transport has signed an agreement with Mongolia's Foreign Trade Transport Corp to act as its exclusive agent in Japan. Bade Page
        31 words
    • LOG BOOK
      • Article
        Cockett Marine Oil chairman resigns
        99 28 NEIL COCKETT has resigned from the chairmanship of leading bunker fuel specialists Cockett Marine Oil after selling his shares to Middle Eastern interests. He has set up a buoker-operating office and consultancy service in Dover, Kfcnl, where he will continue to offer specialist services in
        99 words
      • Article
        Thai port deregulates further
        73 28 THE Port Authority of Thailand (PAT) has further deregulated container handling to accommodate traders and speed up document clearance procedure. PAT director Pongsak Vongsamoot said that shipping documents can be presented td'PAT units concerned for containerised cargoes and for intxwnd containers which may be transported outside
        73 words
      • Article
        Indian lading law in the offing
        99 28 THE INDIAN Ministry of Surface Transport has finalised the draft legislation on the long pending trade and industry demand for permission for non-vessel operating common earners to issue bills of lading. Commerce Ministry sources say the draft has already been vetted by the law
        99 words
      • Article
        Demand for LPG carriers growing
        91 28 DEMAND FOR liquid petroleum gas carriers is forecast by London consultants Drewry to grow by 20 per cent by 1995 from 7.4 million cubic metres in 1989 to 8.9 cubic metres. A similar rise in seaborne trade in LPG, ammonia and petroleum gases to 46.2
        91 words
      • Article
        PIA gets woman pilot
        93 28 PAKISTAN International Airline (PIA) has for the first time iigdocted a woman pilot into its fleet. Maliha Sami, 26, after logging 1,200 hours of flying in civil aviation and recently completing a training course with the airline, is now flying a F-27 Fokker flight from Karachi
        93 words
      • Article
        Seamen strike on Spanish vessel
        61 28 ABOUT 30 crew are on strike over pay aboard the Spanishregistered Laura Pando in the Port of Amsterdam. The vessel had almost finished unloading a cargo of US Corngluten feed pellets when the strike began on Sunday, a spokesman for bulk cargo handler OBA said.
        61 words
    • Article, Illustration
      Long-haul jets reshape Asian sky war
      1552 28 After years of promoting beautiful stewardesses and gracious service, Asian airlines are spending billions on the latest long-haul jets in a bid to become mega-carriers by the end of the 1990s The Economist IN A BOOK to be published later this year, Mr Simon
      The Economist  -  1,552 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      537 28 July 16 DmftyHattr Rtudut A* AtmUun Sedbmnt OwdjWita kk U*amt ~~S?| KG/M*3% V/V M/M M/M PPM method KG/IT3% V/V M/M M/M PPM iwttiod BO/Ctaac Imrtt Spec £25 9911.0 15.0 0 10 30* 0.10* Spec G35 9911.0 18 0 0.15 30* 0.10* Eastwn USA 180 Aw 9810.5
      537 words
    • Article
      THE SHIPPING GUIDE
      12226 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,226 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        509 43 liH* »rt fciW UprtH *ml BHi Artwl top*w iMMlWkarm Br»!« 01/90 P20 20.07/0700 20 07/1800 llook 0902E CIO 20.07/2300 tntet* 10 A P3W 20.07/2330 21.07/2300 m HI ****** R35 Horjade 19.07/1500 Ho* Hwa *****A P2C 19.07/1530 21.07/1500 Qmm*i 1/90 K32 atorwsrie 19.07/1900 Lmpwc 12/90 P18 20.07/0830 21.07/0600
        509 words
      • Article
        CONTAINER SCHEDULE
        1066 43 ■BECOWW6 Of EXPORT Fa CONTAIWtBS AND LO. CjggO beard 8«Uif/B*nt» Ms A Voy No Mod Fran To Fran PofDbcMSpaco I *M Gondnrov 20S90 3 20/0700 20/1159 20/1400 4 20/1200 20/1459 20/1700 **m 53A 2 19/1700 20/0659 20/0900 "Z. 4 20/1200 20/1459 20/1700 M 11/479 3 20/0700 20/1159 20/1400
        1,066 words
      • Article
        IN MALAYSIAN PORTS
        331 43 PwtKtot So* Nrt on My It Tomoe 568 berth 1; Encounter berth 2; Pac. Ocean berth 3; Kris Merut* berth 4; Hung Lee 4 berth 7; Choon Hong I J. BCT; Petro Mewah J. She*. KCT: Anro Adelaide berth 8; Bunga Dahlia berth 10; Hai Hng berth
        331 words
    • Article
      DAILY FREIGHTS
      935 43 ALL SECTORS of the freight market were quiet on Wednesday with most activity centred on time-chartering, brokers said. A report that USSI7.SO had been paid for grain from the US Gulf to Japan was said to be not a representative fixture. Among the Panamax size time-charters were two
      935 words
    • Article, Illustration
      Japan sees more profitable lines
      313 44 Reuter INDUSTRY rationalisation, the use of more foreign crews, an improvement in world shipping markets and better door-to-door container services are likely to raise profitability among Japan's major shipping lines, the Japanese Transport Ministry said in an annual report on the industry. Japanese-flag ocean-going ships
      Reuter  -  313 words
    • Article
      Japanese shipyards enjoying export boom
      235 44 AFP JAPANESE shipbuilders last month signed contracts to export 13 ships, all tankers, totalling 1,001,350 tonnes, up 31.1 per cent from a year earlier, the Japan Ship Exporters Association said. The June orders included five very large crude oil carriers (VLCCs), three mediumsize oil tankers
      AFP  -  235 words
    • Article
      Jeuro to be agent for Mongolian corporation
      114 44 AFP LEADING Japanese forwarder Jeuro Container Transport has signed an agreement with Mongolia's Foreign Trade Transport Corp to act as its exclusive agent in Japan. Under the agreement, Jeuro will carry Mongolian mineral ores, cashmere, leather and other products to Japan, Europe and
      AFP  -  114 words
    • Article
      Argentina awards airline tender to Iberia
      244 44 Reuter ARGENTINA awarded a tender it held to sell an 85 per cent stake in its AeroJineas Argentinas carrier to an investment group led by the Spanish airline Iberia Hineas Aareas de Espana SA, a cabinet minister said. "President Carlos Menem signed the decree
      Reuter  -  244 words
    • Article
      Consolidated Rail expects weaker second-half results
      172 44 Reuter CONSOLIDATED Rail Corp executives said that they expect the company's second half results to be less strong than they had previously estimated. "We still see some strength in the second half but not as much as we had expected," Conrail's senior vice president
      Reuter  -  172 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      103 27 SSWEE HBHG METAL CO PTE LTD 11 TU* AVE H. eiNO*FOAe a»l TELEX; W W7» SWBFt TEL: Ml mSSfitnat) TWi.trAX M 1 MM c£*mm w*« BWTOH OOIQN mnovation OERMAN OUAUTY ehowwh*^ INTRODUCING A NEW I 1 DIRECT SERVICE TO 1 AUSTRALIA NUSANTARA EXPRESS I I FORTNIGHTLY SERVICE 1 IST AVAILABLE
      103 words
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      Page 27 Advertisements Column 2
      19 27 Contancr SdaMt 17 My Intf* 17 Mb to Morton 3 SNvmbrii -Jfcll Stop Port Snppon T*m 17 taterapart 2
      19 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      68 28 HAVE A CONVENTIONAL VESSEL ACCEPTING BREAKBULK CARGOES ETA SPORE 4TH AUG '90 FOR: ADEN, TRIPOLI (LIBYA), ALEXANDRIA FOR BOOKINGS PLS CONTACT ARTHUR KHOO/CAROL SOON/CAROL SEAH AT *****11/*****07/*****21/*****28 E> AGENTS am BORNEO SHIPPING PTE LTD C-C MAS BULOMG *****A7 LfllUfMII V-U 1% 10 SHENTON WAY. STORE 0207 TLX RS ***** CABLE
      68 words
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      Page 28 Advertisements Column 2
      76 28 $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS Defence group restructures its sprawling empire e How should Singapore use its reserves? e A tax haven on Singapore's doorstep e Scouting new territories for markets e The Singapore label finds a niche abroad e It's time for Malaysia's Silicon Island to move
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      1903 29 -rrn~r 200 Cantonment Rotd #12-0$ Southpomt, Sinpport 0201 \llVf# T«t *****11 TELEX NO RS TERMINAL/CFS Td *****11 220 VrßrtrtMTl BOOKINGS TH *****34 235 L vCQQr J pcsaxa jardine shipping agencies son bhd PORT KELANG TEL: *****18 TELEX NO MA*****/*A39/01 PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 pjaicated k>
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      Page 29 Advertisements Column 2
      1274 29 MDEX jorogggs Page Col Col A~- 1 Mainfrnght 15 4 I MISC 14 1-3 ABC Conuineriine 13 5 M'sia Shpg Corp 9 1/2 Accord Shpg 8 1-3 Mendelssohn 5 1/2 Albatros Sea-Air 14 5 Meng Horng Shpg 15 3 Alfred C Toepfer 15 5| «MOL 18 1/2 Ahrenkid Liner 16
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      Page 29 Advertisements Column 3
      2228 29 p—— I—" y Vhhl Voy ETA I ETO "Port 'Panang DESTINATIONS 1» Singapor* Katang V Th» MargrMh* M SOW Clowng TWm FmM try at MP 0400 HRS M Farca CFS 2V7 <36# HAS M Tauro OAK LQ6 HOU MEM ATL MIA CHS BAL PML KYC MOM |K» I MAROnETHE M
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      1088 30 rage I- ROTTERDAM/ VOY NO S PORE P. KELANQ SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CARDIGAN BAY 96/563 19/7 13/8 7/8 9/8 6/6 12/6 CITY OF EDINBURGH 90/567 24/7 6/6 12/8 15/8 KURAMA 06/566 26/7 20/8 15/8 17/8 13/8 19/8 TOKIO EXPRESS 94/569 31/7 17/8 19/8 22/8 KATSURAGI 01/500 2/8
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      Page 30 Advertisements Column 2
      501 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU §UV PPT CARGO T<P(LTO*A, B £ACO PANAMA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 27/7 3/9 5/9 7/9 _Ato* RecaeMwß CfD to Calleo (Peni) via Valps Ag«nte: SINGAPORE: *****56 VS. JAYA. 03 *****23 BOOKINGS: *****00 PBNANG: 04-*****7 JOHORR 07-*****2 J NORTHBOUNO
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      Page 30 Advertisements Column 3
      1315 30 B3 TOiflOTfl Mjrim REGULAR RWEPCHOENT FULL COMYA—M MRVKt J WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL PEL ROT ANT HAM ONE LNA (VIA (VIA (VIA Ale) ROT) NMQ ARABIAN SEA 020-W 20/07 10/01 12.-06 15/01 20« 21M QM NORASIA SHARJAH 9021-3 27-07 IJm 1906 22/06 24/06 27« 26/06 26/01 29*6
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      Page 31 Advertisements Column 1
      1653 31 SgSteamers Maritime Holdings Ltd P&O I PnV STRAITS SHIPPING I j Containers VoyNoPKlanc Spara Stan M'turf B'luvw R'San La* rMT CITY OF EDUHBURG WW *CAN2Of7 2S/07 12/00 13/00 ISM ACCEPTS DUE SAILS kurama mm +UA W aw tm \*m um urn m«s cabco TOtOO EXNEJS Mia +t.WM-ap iw iw nj«
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      Page 31 Advertisements Column 2
      1606 31 TQ: EURQPE TQ; FAR SAST SP LH ROM NAM B'HVN FIX SPORE NK RAO KM Ml HANJIN FELIXSTOWE 003W 21/7 l/l Vt 1M 12/1 13/1 CMOYANC SUCCESS ME 3*7 2/t 1* W M CMOVANC PARK MM H|7 UH U|l UK 1M W HANJIN HAWURC OWE H M 1M 13* 1M
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      Page 31 Advertisements Column 3
      360 31 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN ASIAN AMAUKA 'j'l TRADER CLIPPER VOY. NO. 3 125 57 Sport 21/7 23/7 2S/7 P. Kalang 23/7 2S/7 2J/7 Pmang 21/7 Hoof Kong Yokohama 12/1 I*w» W 10* vt Osaka S* 1/1 Sonboku l/S t Kaihtma Hochiminh •For Dtacharging Only A IMLintermaritime SOUTHERN
      360 words
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      Page 32 Advertisements Column 1
      595 32 sT > 4 2 -i. I A ftf Burtfttf 1 oft CR NBR **********0-0 EXPRESS SEMI-CONTAINEIISNIP SERVICE VSUWY S'PORE R OAM/ H BURG BREMCN ANTWERP A OA* S. PMUANC/2CWB 2*7-1/1 27/1 31/« 4/9 7/9 KUWBU— 11-22/1 23|) 2S|9 21/9 5/11 MATARAM/27W8 22-2S/9 22/10 21/10 29/10 2/11 i l——— 1 FAST
      595 words
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      Page 32 Advertisements Column 2
      832 32 I67VHANJIN SHIPPING li lfll FULL CONTAINER SERVICE S'paral LaMavra R'dam H'burf B'Kavan Fttnaa FEEDER VSL SIN LINE HAUL LAX OAK I a/7 14 94 104 124 134 CHOYANC SUCCESS ONE 30/7 H POMANC 101E 244 214 I 2S/7 154 1«4 Vlt 194 204 HANJIN HAMBURG OOU (4 H CHEJU OS3E
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      Page 32 Advertisements Column 3
      1491 32 -4 J —I .T|J I -IhTß' A mhJ a 1 L m 1 MBM W wML*■ I I I I IPKL SCP HKC KSC KLC PUS MKT OSK SRU TYO LAX lAL NYC UW WW ROM FLX MS MP I E GOING RE 4M M/ 7 JSP Ml ftp VI
      1,491 words
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      Page 33 Advertisements Column 1
      1669 33 y NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 MM TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 IMy MW CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L-(03) *****33,
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      Page 33 Advertisements Column 2
      1217 33 SINSOV I! SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR Wt)gF>£NDENT SERVICE) §f;l M |J I 3| W H P| I^l DISCHARGING FROM EASTBOUND ytssas wita Iswx |mahil> hkow wtaci gout mums hiuw
      1,217 words
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      Page 34 Advertisements Column 1
      1484 34 I KLI N E KAWASAKI RISEN KAISHA. LTD. t w. ameuca pacific south-west irmPORT n. amemca pacific southwest LIONS SATE BRIDGE 04 IV »7 A/7 HENRY H BRIDGE 38 12/1 i£| 17/t MR ill «<*« "»'0« 1/ M M M *7 LIONS SATE BRIDGE 4 10/7 21/7 B I qucars
      1,484 words
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      Page 34 Advertisements Column 2
      1152 34 PHILI-ORIENT LINES PTE LTD M ft (The Complete NVOCC Package) I JULY MONTREAL, OTTAWA, TORONTO, VANCOUVER S-WESTtRN ONTARIO. 23, JULY DUBAI, OAMMAN, KUWAIT, DOHA, wiNMiPFfi MUSCAT, BAHRAIN, ABU DHABI, *?ffi N, «!iffl?Bn»i WINN,PE6 97 lIIIV cuadiam REGINA, SASKATOON U JULT arIAKJAM CALGARY, EDMONTON, KELOWNA, 07 it it v ort o
      1,152 words
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      Page 35 Advertisements Column 1
      1543 35 PACIFIC INTERNATIONAL LINES (PTE) LTD MMW P"-Building. 140Cec<Street HKXHX). Singaporeolo6. I JAKARTA 1 I BANGKOK VESSEL VOY SM" JKT SM VESSEL VOV SIN BKK SIN EDEN 9022 22/7 24/7 2S/7 KOTA MAGA 11N 21/7 24/7 2S/7 DELTA MAS IMS 22/7 24/7 20/7 PEQASUS PROGRESS IMN 21/7 24/7 2S/7 ..OOWA ma
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      Page 35 Advertisements Column 2
      1067 35 r BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint til Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOV SPORE P.KLANG SHAMPTON| HAMBURG BHAVEN R'DAV LHAVRE City of Edinburgh 90/587 2*7 Via Cai 12/8 15/8 17/8 Kurama' 06/586 25/7 20/8 14/8
      1,067 words
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      Page 35 Advertisements Column 3
      273 35 MYANMA FIVE STAR LINE 1 (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen HPA-AN VIS2W SU HER GUI VlflON 23/27 JUL MYOMA TWA VU9K 29/ 1 AUG vga THE BANK UNI (A Mrvtce of Andrew Weir Shipping) \Vr SEMI-CONTAINER SERVICE V( HEAVY LIFT CAPARItITV I 1 EXPRESS TO
      273 words
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      736 38 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT NBC RST M. MECK «flO Hi Pt M 0 13/8 150 180 PMIS SEN WFO2I 24/7 180 170 180 20/8 22/8 W UIBRICHT MO l/| 240 250 Bit an PANAMA SEN
      736 words
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      Page 38 Advertisements Column 2
      1138 38 CRYSTAL FREIGHT < CPS > SERVICES PTE LTD v TEL: *****00/*****22 m cmiuMiwi giwcf it FAB EAST HONG KONG 27/7 1/8 BUSAN 25/7 1/8 BANGLADESH CHITTAGONG 24/7 2/8 SRI LAHKA COLOMBO 27/7 3/8 ACCEPTING CARGOES AT KEPPEL PPW P.KELANG: 83 *****35 BANGKOK: 2M Mt PENANG: MjBMI HONG KONG: OMWIM OUTBOUND
      1,138 words
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      Page 38 Advertisements Column 3
      226 38 LOADINC FPU LOADING FOR BUENOS AIRES WSSII SPORE COO DON BAIKS WnOCO MO m *1T MJUA ■OSTWBNB 1M I**B UflUfl-W* 4TmMNA 22* W W Oil 2W l*» n» VZ& on w» oi» m»- w VMM 2 DISCHARGING FM BRAZIL ONLY SPOMI MM. H* «t OUSAA TO* ■«> *08 m. saiana
      226 words
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      Page 38 Advertisements Column 4
      1172 38 tSI &4* I§i I CHINA OCEAN SHIPPING COMPANY I 2, Ml ST RI ROAD, HMC BUILDING TEL: 2261*0 I #15-00, SINGAPORE 0207 FULL CONTAINER LINER SERVICE telex rs an cosnip I CR NO: 117t7WXKXP FAX: 22BKS I General Agents: OOITAI SHIPPING WTE LTD CAtLL COSTA-U,lt I VESSEL/VOT SO FIX HOT
      1,172 words
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      574 39 CALCUTTA DIRECT SIN CAL SUSAK 99 CNB 25/7 1/8 TIGER CREEK 100 CNB 1/8 8/8 I SUSAK 101 CNB 10/8 17/8 TIGER CREEK 102 CNB 17/8 24/8 J [#]k Ik I (Conventional Service) I ETA S PORE LOADING FOR BANGIAR KALLOL IN PT CTC, MONGLA BANGLAR PROGOTI U/7 S. KOREA,
      574 words
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      Page 39 Advertisements Column 2
      464 39 (S) PTE LTD TEL: *****33 (12 Uom) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) [T<F\ ETHIOPIAN SHIPPING 55 r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING fOK SPOffE ABBAY WON 2 25W8 2VOB OARESSALAAM MOMBASA DJIBOUTI ASSAB MAS3AWA MOOEIOAH NET SANE T 20WB
      464 words
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      Page 39 Advertisements Column 3
      702 39 taj|-P.T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTFORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL SENTOSA 46S
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      Page 39 Advertisements Column 4
      653 39 jj BANGKOK MANILA/CEBU i\ wsapow I vow. \rn j rrm\ CNAIYA BHUM# KN Sat 21/7 Two N/7 SO ORIENT 2M In Port M/ 7 W, f *5 5= m Tn iT" MAHA BHUM* m Wod 25/7 Sit 21/7 s; —5 Si T 2 2 2 !2_-v CHAIYA BHUM# 07N Sat
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      Page 39 Advertisements Column 5
      363 39 i I^wbmhhhhvhimv TO AUSTRALIA/NEW ZEALAND Mtussa 5 W li m iii iS m c vorauK 2s lii oj> pi m w 1 AMmnKMsT «i ii iii 55 j tut 5555 w w 5i i» w» 55 1* DATS TO MELBOURNE! TO USA/CANADA ML Stappm N. Otlmm Ckcrtatfa Mhi Mtussa 5
      363 words
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      Page 40 Advertisements Column 1
      1108 40 iMAC-NELS »IHWOBEf">WT til «MMT| www TEL mimm] PENANG TEL: (04) *****6 ||kk fTEL: (088) *****0 TAWAU TEL: (069) *****91 KELANG TEL: (03) *****77 ||<UCHING 1 TEL: (082) *****3 SKAN TEL: (089) *****2 I^K-/Vv "l j BAHRU TEL: (07) *****2 lISIBU TEL: (084) *****2 LABUAN TEL: (087) *****91 > JAKARTA TEL:
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      Page 40 Advertisements Column 2
      493 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN W. PIY AUCK IYT PREMIER 07S a Jul 7 Au« "JJ- MAHSURI 0571 10
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      Page 40 Advertisements Column 3
      1179 40 THONG SOON LINES PTE. LTD. 1 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) J SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH t una \wi lira |m una Iff Itn law KIM SOON LI 29/90E 21 JUL
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      772 41 ouppng imicß, rniHiy ««j peruana DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO MATARANI HO* 4 OTHER PERUVIAN PORTS' UTHT/S AT KOBE ON CPV THROUGH BILL OF LADING. Ponang* P. Kelang Singapore KAMALEVERETT 24/26 iul 27/21 Jul THOHASEVERETT 05/06 Aug 07/06 Aug SHAPUEVERETT 17/19 Aug 20/21 Aug yfffk
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      Page 41 Advertisements Column 2
      618 41 West Coast. Carrihbean.Eatt Canada, HAITI. Guatemala and Honwrit VSL [S PORE NIAINLINER [LAX |KST jSAV [NYC |HFX 2IN YOKOHAMA 27/7 2IM PUSAN 2S/S 3/9 t/9 1/9 10/9 CARMEN CARINA 2/S 2IM CALIFORNIA 2/9 11/9 14/9 l*/9 11/9 2IM KOPER L2/S 2IM LIVORNO 12/9 21/9 24/1 2t/9 21/9 2IM VENE2IA M
      618 words
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      Page 41 Advertisements Column 3
      719 41 MSING KWANG HANG 1 1 f MMN t nUMSrOATATION (FT*) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 24/7 27/7 JENWEL 27/7 I I 29 7 VESSEL SPORE BANGKOK A VESSEL 24/7 27/7 A VESSEL I 27/7 29/7 DESTINATIONS ETA SINGAPORE PORT KELANG 27 JULY MANILA 30 JULY
      719 words
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      Page 41 Advertisements Column 4
      547 41 1 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VEB6EL VOY SPORE JKT 6'BAVA PELOPOR 951 21/7 24/7 TANTO SEJATI 05 2S/7 28/7 PELOPOR 952 28/7 31/7 TANTO SEJATI 07 1/8 4/8 TANTO UTAMA 91 27/7 30/7 TANTO UTAMA 93 3/8 6/8 TANTO UTAMA 95 10/8 13/8
      547 words
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      Page 41 Advertisements Column 5
      479 41 m—m 22/7 KEELUNG/KAOHSIUNG t 22/7 BANGKOK 22/7 MANILA/CEBU 28/7 JAKARTA/BELAWAN/SURABAYA 27/7 PORT KELANG/PENANG/E. Malaysia 27/7 BUSAN 27/7 TOKYO/YOKO/KOBE/NGO/OSA 23/7 HONG KONG also accepting cargo i to Huangpu/Shenzhen/Fiulttu/ Xiamen/Xingang/Shanghai sin HMffl 28/7 LDN/FLX/LVP/SOU s, 28/7 RDM/HAM/ANT/LE HAVRE/GENOA :3^ also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgaria/Ciech. ||N MMMMM 23/7 LOS ANGELES/NEW YORK
      479 words
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      Page 42 Advertisements Column 1
      329 42 PLATOU PACIFIC I V I SHIPPING SERVICES V REGULAR PAR EAST AMERICA MEAKBULK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: 22S2S8S HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 31/07 JAKARTA 02/08 SURABAYA 05/08 LOS ANGELES 31/07 07/09 OAKLAND 05/08 18/09 VANCOUVER B.C. 09/08 17/09 Qtntral Agents: ANGLO FRENCH
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      Page 42 Advertisements Column 2
      410 42 ■ÜBiMBiHHH SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE K.V.U V.12CW90 24/7/90 14/8/90 15/8/90 20/8/90 Y.M V.12-90W 28/7/90 26/8/90 17/8/90 21/8/90 A.N V.13-90W 16/8/90 11/9/90 1/9/90 6/9/90 MB V.13CW90 3/8/90 25/8/90 26/8/90 2/9/90 B.A V.14CW90 16/8/90 31/8/90 10/9/90 15/9/90 N.C V.14-90W 26/8/90 21/9/90 12/9/90 17/9/90
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      Page 42 Advertisements Column 3
      267 42 "ife*ADKRIS business IT*i CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT. ALL HEAVY LIFT WELCOME. M.V. 'DAGOHOY' 07/90 25TH JULY MNL/BISLI6 M. V.' D AGO HO Y' 08/90 BTH AUG MNL/BISLI6 TBN 22N0 AUG ILIGAN/BISLIG GENERAL ACT CALSOURCE SHIPPING A TRADING PTE
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      Page 42 Advertisements Column 4
      638 42 JMFOmnSmncE I LCL/FCL SERVICE TO/FROM Qf /f^jV Sfflpk 04-*****2 *****8059 778 6522(22 lines) WW Marine Onf (MM WrtTWrt—M CMm AMoe TmMmt Ym MA CONVBfTKNAI S9VKB MV NORTWEEN SLEVIK MV NORTWEEN NOVA ETA MASAN 23/7 ETA SINGAPORE 13/8 FROM BRAZIL FROM ARGENTINA MV TBN MV CAP VILLANO ETA SANTOS 28/7 ETA
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      590 43 TIDES AND WEATHER j TODAY'S TIDES (height in routes i HOW MM IIM t2M UN MM MM MM I7M UN MM IMOIIMI2MI3M 14M ISM 1M 17M IMI 19M 2M121M 22M 23M ft 1.7 1.2 OJ 06 05 03 08 11 L 6 1.1 2.1 U 2.0 1.7 1.4 11 U
      590 words
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      Page 44 Advertisements Column 1
      423 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL W SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 29/7 INDONESIA
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      Page 44 Advertisements Column 2
      677 44 ▲HYUNDAI MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBN OAK SEA HttG SIN HYUNDAI CHALLENGER 35E 21/07 26/07 13/01 10/00 19/01 11/01 HYUNDAI PIONEER 37W IS/B6 21/06 24/06 12/07 19/07 HYUNDAI INNOVATOR 34E 26/07 02/06
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      Page 44 Advertisements Column 3
      453 44 All ski waaisis iashino CONTAINER LASHING EQUIPMENT*! TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 UK/CONTINENT (TRIO) T.X. IS'POftf IrTon triune rhavcn rdam i» i" 1 1 CITY or urnmuroi an M HJ y*" www. m »>■- "•»>" RUMBA »-7 2M 1« 1V» 1M 1* T 11 Ma TOKIO UPRtSS
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