The Business Times, 27 June 1990

Microfilm: NL17024
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday June 27 1990 75*
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  • NEWS SUMMARY
    • Article
      Bush abandons no-new-taxes campaign vow
      51 1 PRESIDENT George Bush yesterday abandoned his 1988 no-new-taxes vow and said that tax revenue increases would have to be part of any package to reduce the US Budget deficit. He said this after a two-hour breakfast meeting with senior Congressional leaders in the president's private
      51 words
    • Article
      Support for unions
      20 1 EMPLOYERS have been urged not to inadvertently undermine unions by giving nonunionised workers higher wages Page 2
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    • Article
      New NPB programme
      27 1 COME AUGUST, a more flexible training programme will be in place when the National Productivity Board launches a new video-based training initiative Page 2
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    • Article
      KL's inflation threat
      21 1 THERE is a division of opinion over whether inflation poses a threat to Malaysia's economic success Page 8
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    • Article
      Utilities investment
      19 1 INDONESIA will allow private investment in the development of public utilities to supply industrial estates. Page 8
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    • Article
      Pricing and savings
      31 1 US AND JAPANESE negotiators tackled Japanese pricing mechanisms and American shortfalls in savings and investment yesterday as talks on structural trade problems enter their second day Page 9
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    • Article
      EC help for Moscow
      23 1 EC LEADERS have agreed to explore ways of helping the Soviet Union to repair its shattered economy Page 10
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    • Article
      Hard act to follow
      24 1 THE grandchildren of the wartime leader of Britain, Sir Winston Churchill, find him a tough act to follow. Page 19
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    • Article
      Fleet Feat
      21 1 SINGAPORE-based Nordic Oriental Shipmanagement has projected a near doubling of its managed fleet by 1992. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      45 1 WALL STREET stocks headed higher yesterday morning, after declines in the last two sessions. The Dow Jones Industrial Average rose 22.28 points to 2,867.33 at 1430 GMT in the first hour of trading. Advancing issues outnumbered declines by about three to one.
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    • Article
      Footsie higher
      40 1 LONDON share prices were higher at midday yesterday, boosted by a buoyant futures market and a shortage of some stocks. At about 12:15 pm (1115 GMT), the Financial Times-Stock Exchange 100share index was up 10.8 points at 2,409.3.
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    • Article
      Johor land purchase
      19 1 PENTEX-Schweizer's whollyowned Malaysian subsidiary has bought 10 acres in Johor for M 52.05 million Page 3
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    • Article
      Intraco oil trade
      33 1 TRADING GIANT Intraco Ltd has consolidated its petroleum business under a subsidiary and recruited a professional oil trader to enhance its trading position in oil and related products Page 3
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    • Article
      Who's tops
      30 1 FINANCIAL survey firm Extel Financial Ltd has ranked James Capel as the top UK research firm; but for Singapore and Malaysia, it ranked Baring Securities first. Page 3
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    • Article, Illustration
      STOCK INDICES
      28 1 Tuesday Change BT-MGA 786.47 +1.88 Kuala Lumpur ....583.95 +3.34 Hongkong 3,292.35 +15.91 Tokyo 31,571.77 +447.58 Sydney 1,513.5 +1.6 Monday Change NewYofk 2,845.05 -12.13 London 2,398.5 +20.0
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    • Article
      COMMODITIES
      20 1 Exchange rates USS SJI.8440 Yen SSl.1881 MS SS0.6798 Meney nsrket rates Overnight 6 1/2 unch 3-month 7 1/4% +1/16
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    • Article
      CURRENCIES
      35 1 London Gold PM fix US$349.35 -US$4.05 Rubber S'pore July l56.25«/kg -1.00 WstaJuly M231.50 Vkg -1.00 KL Tin Turnover 66 tonnes -14 Spot M$16.40/kg -0.05 Crude palm oil Turnover 441 lots +329 Jul M$667/tonne -5
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  • Article, Illustration
    Foreign ownership limit for local banks raised
    488 1  -  S'pore 'Foreign' shares fall in UK By Soh Tiang Keng IN A MOVE that sent share prices of several Singapore counters down sharply during early trading in London, the Singapore government said it has decided to raise the limit on foreign ownership of
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  • Article, Illustration
    Cost of Clarke Quay project doubles
    444 1  -  By Lee Han Shih THE ESTIMATED cost of DBS Land's Clarke Quay project, the most ambitious restoration work ever to be undertaken in Singapore, has nearly doubled to more than $230 million. Work on the more than 60 dilapidated warehouses flanked by the Singapore
    444 words
  • Article
    Case underlines special position of CPF savings
    520 1  -  Administration of Muslim Law Act does not apply By David Gabriel A RECENT High Court ruling has reinforced the special position enjoyed in law by savings in Central Provident Fund accounts. In the judgement, Mr Justice LP Thean said that under the CPF
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  • Article
    Part-time work should find a permanent place
    370 1  -  National Employers Conference By Anna Teo WITH A sizeable potential pool of housewives and retirees, labour-strapped Singapore should make part-time employment a permanent feature and alternative work pattern. This is the recommendation of a Singapore National Employers Federation subcommittee formed in January 1990
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  • Article
    Lock icon Indon system will not lead to NIE status
    142 1 Bernama INDONESIA will never become a newly-industrialised economy because of its economic system, which is based on equity development, an economist said in Jakarta. Professor Sumitro Djojohadikusumo acknowledged that Indonesia could become an NIE if it developed industrial growth centres on several
    Bernama  -  142 words
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      4 1 More stories, Pg 2
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Seminar on East Java business opportunities
        142 2 A SEMINAR on business opportunities in East Java is being organised by the Trade Development Board. The one-day seminar will cover a wide range of topics such as the impact of the Indonesian government's deregulation policy, and business practices to observe when in Indonesia.
        142 words
      • Article
        Using industrial robots safely
        87 2 A TECHNICAL committee under the Singapore Institute of Standards and Industrial Research (SISIR) has drawn up a set of guidelines on the safe use of industrial robots. The code lays down a set of requirements for matters relating to safeguarding and preventing personal injury when designing,
        87 words
      • Article
        Incentives for NTUC cabbies
        37 2 NTUC COMFORT has implemented an incentive scheme to increase the efficiency of its dial-a-cab service. Working on a bi-monthly basis, the scheme is aimed at those drivers with the Sin Ming radio service.
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      • Article
        Primary One registration dates
        89 2 REGISTRATION of children for admission to preparatory year and Primary One classes in 1991 will be carried out between July 10 and August 17. Children born between Jan 2, 1984 and Jan 1, 1985 may be registered for Primary One classes. Those born between Jan 2,
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      • Article
        Appeal for Iran quake victims
        58 2 THE Muslim Religious Council of Singapore (MUIS) is appealing to Muslims to donate to a fund for victims of the recent earthquake in Iran. Contributions can be made at 69 mosques throughout the republic from Friday, July 6. It is also appealing to Malay and
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      • Article
        Sikh directory being prepared
        65 2 TO COMMEMORATE Singapore's 25th Anniversary, a group of young Sikh businessmen has launched the first Sikh Business Directory, featuring Sikh personalities in Singapore business. The directory will also carry an article on the history of the Sikhs in Singapore, and list registered Sikh societies and related
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    • Article
      Moving Fast Forward with new training clip
      500 2  -  National Employers Conference By Anna Teo LATEST figures from the Skills Development Fund show a healthy commitment to worker training in a tight labour market. But two groups of workers older workers and those in smaller companies remain undertrained, said Brigadier-Gen-eral (Res) Lee
      500 words
    • Article, Illustration
      Don't undermine unions: BG Lee
      352 2 EMPLOYERS, especially those in non-unionised companies, must be careful not to inadvertently undermine unions by giving non-union-ised workers higher wage increases, said BrigadierGeneral (Res) Lee Hsien Loong yesterday. This is particularly so if the increments are built into basic salaries. Urging employers and unions to
      352 words
    • Article
      ENV to revamp fee structure
      145 2 HAWKER FEES for stalh managed by the Ministry of the Environment (ENV) wiU be restructured from next month, the consequence of which will be slightly higher monthly charges. The fees will be streamlined according to the charges for the Housing and Development Board's markets and
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    • Article
      Nets in $1m media blitz
      111 2 THE NETWORK for Electronic Transfers (Singapore}, or Nets for short, is launching a $1 million media blitz to promote its usage. Nets general manager Patr rick Yi yesterday said a series of advertising and public relations programmes will be launched from tomorrow. Mr Yi said
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      573 2 The Humming Bird has the fastest u>«ng beat rate of 90 beats per second. The East African Cheetah at 101 km/h is the world's fastest land mammal. A bolt of lightning discharges energy at speeds of up to 140,000 km/sec. The Epson DFX-8000 whizzes at an incredible 1066 characters per
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      3 2 Leader, Page 12
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Pentex-Schweizer buys M$2m Johor property
      326 3  -  By Magdalene Ng THE WHOLLY-OWNED Malaysian subsidiary of Singapore listed Pentex-Schweiz-er has bought a piece of property in Muar, Johor, for M 52.05 million from Dai Mei Sdn Bhd. The property will be used as an oflfice-cum-warehouse and factory to make singlesided printed circuit boards.
      326 words
    • Article
      James Capel, Baring get top rating in survey
      547 3  -  By William Chia FINANCIAL survey firm Extel Financial Ltd has ranked James Capel as the top UK research firm; but for Singapore and Malaysia, it ranked Baring Securities first. Extel said in its 1990 Investment Analysts' Survey that James Capel, which has
      547 words
    • Article
      Lock icon MAS may have received M$30m as compensation
      274 3 MBT MALAYSIA AIRLINES is believed to have received nearly Ms3o million as compensation for the late delivery of two 8747-400s by US aircraft manufacturer Boeing. The compensation resulted in an extraordinary gain of M 529.5 million and contributed to the airlines' 43 per
      MBT  -  274 words
    • Article
      Lock icon D&P to spend M$80m on property projects
      337 3 MBT GARMENT manufacturer Dragon and Phoenix will be spending about MsBo million to develop its existing and new property projects over the next two to three years. Managing director Cheng Wai Keung said that the MsBo million budget excludes the proposed construction of
      MBT  -  337 words
    • Article
      Why the keen interest in MUI
      544 3  -  MARKET TALK By Abdul Hadhi MARKET ATTENTION was diverted to one Clob International stock on Monday, namely, Malayan United Industries (MUI). The stock quickly outstripped other counters in volume, and rose from $1.46 to $1.65 on 7.82 million units. By comparison. Tan Chong, the
      544 words
    • Article
      Intraco consolidates oil business under subsidiary
      253 3  -  By Abdul Hadhi TRADING GIANT Intraco Ltd has consolidated its petroleum business under a subsidiary and recruited a professional oil trader to enhance its trading position in oil and related products. Wholly-owned subsidiary Sintra Oil Pte Ltd, which is involved in the physical trading
      253 words
    • Article
      Metrobilt calls off sale of M'sian unit to CASH
      227 3 METROBILT Pte Ltd, the Metro group's construction arm, has scrapped an agreement to sell a Malaysian subsidiary to property group Construction and Supplies House Bhd (CASH). This was because certain conditions had not been met, said a release from Metro Holdings
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    • COMPANY BRIEFS
      • Article
        Sime deal sealed
        43 3 THE SALE and purchase of Bakke-Sime Darby Shipping Pte Ltd pursuant to the agreement of May 24, 1990 between Sime Singapore and The East Asiatic Company has been completed following receipt of the necessary approval from the Trade Development Board.
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      • Article
        Metroplex still in talks
        53 3 METROPLEX BERHAD said it was still in the process of discussing with parties concerned two deals, namely the proposed purchase of Strawberry Park Hotel in Cameron Highlands and seven storeys of office space in Apera-ULG in Kuala Lumpur. It was, therefore, "premature" to disclose any details
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      • Article
        Harimau's NTA
        22 3 THE net tangible assets backing for each $1 ordinary share of Harimau Investments as at May 31, 1990 was $1.97.
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      • Article
        MGIC unit gets funds licence
        75 3 MALAYSIAN General Investment Corp (MGIC)'s whollyowned MGIC Securities was awarded a portfolio management licence to run institutional and individual funds last month. With this, the company, through MGIC Securities, can now offer its services to external clients, chairman Tan Sri Dr Mohd Rashdan bin Haji
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    • Article
      Lock icon EON share issue oversubscribed by 22 times
      249 3 Bernama EDARAN OTOMOBIL Nasional Bhd's share issue was oversubscribed by 22.03 times. MIDF Consultancy and Corporate Services Sdn Bhd (MIDFCCS) received 237,003 applications for a total of 301.8 million shares from the public against the 13.105 million shares, valued at M556.3S million, available
      Bernama  -  249 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      45 3 The Choya shirt. For people who recognize a smart investment. w CHOYA TOKYO-JAPAN Available at Daimaru, Isetan Orchard, Isetan Havelock, Sogo, Tokyu, Yaohan Orchard and Arrow Shops. Licensee and distributor Apparel World (S) Pte Ltd Tel *****12 Apparel World (M) Sdn Bhd. Tel: (03)71 *****
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mazda sets up company in Bangkok
        141 4 MAZDA Motor Corp has set up a car sales company in Bangkok with Japanese trading firm Toyo Menka Kaisha Ltd, and Kijkamol Sukosol Co Ltd (KKS) of Thailand, a Mazda spokeswoman said. The venture, named Sukosol and Mazda Co Ltd, is capitalised at 150
        141 words
      • Article
        Malaysian newsprint venture
        145 4 A MALAYSIAN-LED consortium plans to set up a Ms2oo million newsprint mill, the country's first, by 1993, company officials said. The 100,000-tonne capacity mill will be run by Cominco Paper Mill Sdn Bhd, 70 per cent owned by Malaysian interests. A UK and a Scandinavian firm will
        145 words
      • Article
        Yaohan goes to Macau
        95 4 JAPAN'S international department store chain, Yaohan International Co Ltd, has signed a joint venture agreement with Hongkong's Shun Tak Development Ltd to open a shopping centre in Macau. Yaohan and Shun Tak officials said they would share equally the HK$36O million total investment in the Jai-Alai
        95 words
      • Article
        US Mitsubishis for Europe
        82 4 JAPAN'S Mitsubishi Motors Corp said in Tokyo yesterday that it planned to export cars it produced in the United States to Western Europe. Some 200 Mitsubishi cars will be shipped monthly from the United States to Europe from next spring, company officials said. Japan's Honda Motor
        82 words
      • Article
        Daikyo lease approved
        100 4 JAPAN'S giant Daikyo Corp received Australian state government approval on Monday to take over the lease of two Queensland tropical island resorts in partnership with an Australian building society. Queensland Treasurer Keith De Lacy said the government had approved Daikyo's proposal to enter a 50-50 partnership with
        100 words
    • Article, Illustration
      Lock icon Pickens silent in face of fresh accusation
      530 4 AFP TEXAN oilman T Boone Pickens declined to comment yesterday on fresh charges by Japan's Koito Manufacturing Ltd that he still has links to a Japanese speculator who twice tried to greenmail the company. Mr Pickens, who has been waging a 16-month battle
      AFP  -  530 words
    • Article
      Lock icon Military gains boost Lankan bourse
      315 4 Reuter GAINS BY government troops battling Tamil separatist guerillas have revived a boom on Sri Lanka's stock market, officials and brokers said. "Investors are heartened by the news that the security forces are winning on most fronts against the terrorists and are re-investing their money,"
      Reuter  -  315 words
    • Article
      Lock icon Dairy Farm to buy Woolworths NZ from Lion Nathan
      216 4 Reuter INTERNATIONAL food group Dairy Farm International Holdings Ltd said it had agreed to acquire supermarket chain Woolworths (New Zealand) Ltd from Lion Nathan Ltd for NZ$2BO million in cash. A statement from Hong-kong-based Dairy Farm, whose ultimate parent company is
      Reuter  -  216 words
    • Article
      Lock icon Manila state firms may invest in controversial petrochem plant
      255 4 AFP THE STATE-OWNED Philippine National Bank (PNB) and Philippine National Oil Company (PNOC) may invest in a controversial US$37O million Taiwanbacked petrochemical project, PNB president Edgardo Espiritu said yesterday. Mr Espiritu said that the country's largest commercial bank was interested in
      AFP  -  255 words
  • Page 4 Advertisements
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      33 4 service Wlftl y An «JST* a| I at any time, allowing you to monitor your cash flow. In Is your paperwork being sent I i The Hongkong and Skangtai Banking Corforatim LMi«« s
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Saatchi sells US consulting firm Peterson & Co
      350 5 Saatchi sells US consulting firm Peterson Co AFP TROUBLED British advertising group Saatchi and Saatchi announced on Monday the sale of one of its remaining five US-based management consulting concerns, Peterson and Co, in a deal which leaves Saatchi with less than US$l5 million in proceeds. Saatchi bought Peterson in
      AFP  -  350 words
    • Article
      Lock icon Thyssen lines up ventures with East Germans
      271 5 Reuter THINLY-VEILED criticism from Bonn that West German firms are too slow to invest and create jobs in East Germany does not apply to Thyssen AG, its management board chairman said. "We have a lot of projects in progress," Dieter Spethmann said, referring
      Reuter  -  271 words
    • Article
      Lock icon Cellular industry heading for major turf battle
      464 5 Reuter THE ADVENT of digital and satellite cellular networks could sharply curtail the cosmic growth in traditional cellular business that had been expected to continue into the next century, analysts said. Separate plans by Motorola Inc and American Telephone and Telegraph Co to
      Reuter  -  464 words
    • Article
      Lock icon Motorola, Hitachi agree to settle legal dispute
      244 5 AFP MOTOROLA Inc and Hitachi Ltd announced an agreement on Monday to settle an 18-month legal dispute over microprocessors. The two companies will jointly seek a stay pending appeal of a court order barring them from manufacturing and selling powerful computer chips that
      AFP  -  244 words
    • COMPANY BRIEFS
      • Article
        Siemens plans venture with Soviet car firm
        87 5 WEST GERMAN electronics and telecommunications group Siemens is setting up a joint venture with Soviet vehicle firm Moskwitch to make and sell programmable automatic systems. The joint subsidiary will be called Mosmatic and have its headquarters in Moscow. Siemens will hold 51 per
        87 words
      • Article
        Melville to buy drug store chain
        138 5 •r 7 US RETAIL group Melville has announced plans to buy Peoples Drug Stores from Canadian concern Imasco for about US$33O million. Pending US government approval, the deal with Imasco should be completed by August, Melville said. With some 490 stores on the east
        138 words
      • Article
        Unilever eyes Swedish firm
        84 5 THE ANGLO-DUTCH food group Unilever wants to buy the 50 per cent of Swedish Margannbolaget AB which it does not already own, the company said. The Swedish company is in the margarine and milk products business, and is based in Stockholm. It has annual sales of
        84 words
      • Article
        Plans to axe Marshall Field jobs
        105 5 DAYTON Hudson Corp plans to dismiss 850 of Marshall Field's 1,550 central office employees in Chicago in a move to consolidate operations at Dayton Hudson's headquarters in Minneapolis. Such a move has been expected since April, when the Minneapolis retailer's US$l.O4 billion offer prevailed
        105 words
      • Article
        Nissan to use more EC parts
        77 5 THE JAPANESE Nissan car plant in Sunderland, England, is to increase its orders for European parts by one third by 1992, a company spokesman said on Monday. The factory, in the north-east of England, is to increase its orders for parts from £450 million
        77 words
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      237 5 -.y 1 j fc" 4 <: T s ITS ELECTRIC. ■■■:<# < Pi k takes a fraction over 12 aeoondi for the XJ-S Vl2 Convertible to bring back all the joys of open top motoring And to automatically stow heated glass rear neatly out of sight On the open road
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  • Page 6 Advertisements
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  • FINANCIAL NEWS
    • Article
      Lock icon Malaysian bankers want more BLR flexibility
      341 7 Bernama BANKS in Malaysia should be allowed to adjust their base lending rate (BLR) so as to be able to move freely in response to higher interest costs, the Association of Banks in Malaysia (ABM) said in Kuala Lumpur on Monday. It is not
      Bernama  -  341 words
    • Article
      Lock icon Japanese report backs financial services reform
      176 7 Reuter JAPAN should proceed with reform of its financial services industry to promote efficiency and the customer benefits derived from tougher competition, a Japanese Ministry of Finance (MOF) banking committee report said. The report is in sharp contrast to a report released this month
      Reuter  -  176 words
    • Article, Illustration
      Lock icon Aquino seeks bankers' support to cut rates
      269 7 Reuter PRESIDENT Corazon Aquino has sought the support of bankers for the Philippines' new economic restructuring package, asking them to help reduce interest rates, Philippines central bank Governor Jose Cuisia said. "The president made an appeal to the bankers to help the government
      Reuter  -  269 words
    • Article
      Siam City signs US$137m facility
      251 7  -  By Hong Lee Tiam SIAM City Cement Co Ltd, Thailand's second largest cement maker, has signed a U*****.5 million guarantee facility with Chase Manhattan Asia Ltd in Hongkong. The facility provides three offshore bank guarantees for a supplier's credit granted by the Danish Export Finance
      251 words
    • Article
      Lock icon Chase alerts staff to US$300m cuts
      246 7 NYT CHASE Manhattan Corp, which last week named new executives to its top two executive positions, told employees on Monday it was aiming to reduce costs by US$3OO million. In a memorandum warning of rapid changes as the company tries to build profits, Chase
      NYT  -  246 words
    • SMALL CHANGE
      • Article
        National Australia to pull out of stockbroking
        63 7 THE NATIONAL Australia Bank Ltd will withdraw from the Australian stockbroking industry and "focus more sharply on core banking activities." The bank's withdrawal follows 18 months during which 13 brokerage houses have closed, an Australian Stock Exchange spokesman said. Share market turnover fell
        63 words
      • Article
        Huge loans for Indon projects
        86 7 TWELVE Japanese city banks and one European commercial bank will lend a total of US$2OO million to expand nickel mining projects in Indonesia, said a spokesman at the Long-Term Credit Bank of Japan Ltd, sole lead manager for the loans. The projects are being managed
        86 words
      • Article
        Pakistan to open capital market
        77 7 PAKISTAN plans to open its capital market to foreigners as part of an ongoing policy of deregulation, a financial official said. "The main strategy of the government is to open the capital market to foreigners and develop it," V A Janfery, the prime minister's adviser
        77 words
      • Article
        Dresdner in E German tie-up
        57 7 DRESDNER Bank AG said it had set up a joint venture with the commercial banking arm of East Germany's former central bank which would take over 72 bank branches in East Germany. The joint venture between Dresdner Bank and Deutsche Kreditbank AG, Dresdner Bank Kreditbank
        57 words
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      Page 7 Advertisements Column 1
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      202 words
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      Page 7 Advertisements Column 2
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  • Page 7 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        'KL took four years to make Labuan decision'
        51 8 THE MALAYSIAN government took four years to plan to develop the federal territory of Labuan as an international offshore financial centre (lOFC) based on the laws of lOFC countries that are developed and well-known, deputy finance minister Datuk Loke Yuen Yow said
        51 words
      • Article
        Rafidah to visit Argentina
        58 8 MALAYSIAN Trade and Industry Minister Rafidah Aziz said on Monday that she will make a four-day official visit to Argentina from July 7-10 to develop bilateral trade opportunities. During her visit, she is scheduled to have discussions with President Carlos Menem and his Cabinet ministers, as
        58 words
      • Article
        More tie-ups for sister cities
        65 8 KUALA LUMPUR and its sister city Ankara, Turkey signed a memorandum of understanding on Monday to cooperate more in city development, business ventures, tourism, culture and environmental issues. The two cities have agreed to exchange technical experts on urban planning, housing and environmental issues and
        65 words
      • Article
        JVC making TVs in Vietnam
        60 8 VICTOR Co of Japan (JVC) said yesterday it has started production of colour television sets in Vietnam using parts imported from Japan. The production was aimed at avoiding the 40 per cent import tax levied by Vietnam on the finished products, said JVC which has
        60 words
      • Article
        Khmer Rouge on Hanoi's failure
        59 8 THE KHMER ROUGE yesterday said Vietnam had been unable to consolidate the government it had set up in Cambodia because of widespread discontent, as well as infighting among the Phnom Penh leadership. The Khmer Rouge was commenting in a radio broadcast on a recent announcement
        59 words
      • Article
        Thai-Burmese store opens
        59 8 A THAI-BURMESE joint venture store was opened on Monday in Burma's capital, Rangoon Radio said in a dispatch monitored in Bangkok. The Myanmar-Pornsri store was set up by the Burmese Trade Ministry and a Thai firm, Saha Pornsri Ltd. It is to sell construction equipment and electronic
        59 words
    • Article
      Lock icon MTUC accuses critics of distortion
      254 8 Bernama THE MALAYSIAN Trades Union Congress (MTUC), which has been under fire over its stand on the generalised system of preferences (GSP) issue, has accused its critics of trying to curry favour with the government and seeking cheap publicity. The congress held a forum specially
      Bernama  -  254 words
    • Article
      Lock icon Vietnam clamps down on consumer imports
      393 8 Reuter VIETNAM'S communist government, fighting a desperate shortage of money, says it will clamp down on consumer imports and cut out budget deficits. But a government report to the National Assembly confirmed a commitment to opening up the centralised economy to market forces and
      Reuter  -  393 words
    • Article
      Lock icon M'sian inflation a rising threat, say analysts
      489 8 Bernama THE MALAYSIAN economy is poised to sustain steady economic growth, but several quarters have expressed concern that inflation poses a rising threat to Malaysia's success while others feel that there is still no cause for alarm. There is general consensus among economists
      Bernama  -  489 words
    • Article
      Manila urged to protect HK earnings
      162 8 PROMPTED BY fears that domestic helpers and other nationals from the Philippines may not be allowed to work in Hongkong after 1997, the Philippine government is being asked to set up a task force to protect its interests, according to the South China Morning
      162 words
    • Article
      Lock icon Private firms may supply utilities to, Indon industry
      284 8 AFP INDONESIA will allow private investment in the development of public utilities to supply industrial estates, Junior Minister for Industry Tungki Anwibowo has said. He was quoted by the Jakarta Post yesterday as saying that the policy was expected to help overcome
      AFP  -  284 words
    • Article
      Lock icon Investment in the Philippines slows down appreciably
      235 8 AFP PLANNED INVESTMENTS in the Philippines grew by only 8.8 per cent in the first five months of the year, with Japan and Taiwan accounting for more than half of foreign equity. The Board of Investments (BOI) yesterday said that in the same
      AFP  -  235 words
  • Page 8 Advertisements
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      667 8 nmb postbank qroep n.u Registered Office: De Amsterdamse Poort 1102 MG Amsterdam Zuidoost, The Netherlands BALANCE SHEET AS AT 31 DECEMBER 1989 PROFIT AND LOSS ACCOUNT FOR 1989 AFTER APPROPRIATION OF PROFIT conaoMMM Consolidated IM9 1988 1989 1988 millions of Quild6fS) (in millions of guilders) ASSETS Interest 4,098 4,082 Cash
      667 words
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      Page 8 Advertisements Column 2
      93 8 A W& 1921 A l^V\^ uLEDGEBu NO W OPEN AT THE mmkmFrma ORCHARD EMERALD! Get Sledgers today at our new boutique! Q£ Sledgers are made in France with perfect cut and o O superb finish using only the finest leather ensuring absolute fit and comfort. Today's professional knows that looking
      93 words
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  • THE WORLD 1
    • Article
      Lock icon Trade talks' focus shifts to Japanese prices, US savings
      474 9 AP US AND JAPANESE negotiators tackled Japanese pricing mechanisms and American shortfalls in savings and investment yesterday as talks on structural trade problems moved into their second day. Though the talks were originally scheduled to end yesterday, it was possible they
      AP  -  474 words
    • Article
      Lock icon G-7 urged to remember Third World interests
      247 9 AFP WORLD BANK President Barber Conable has urged industrialised nations to ensure the interests of developing countries "are fully represented in any agreement on breaking the present deadlock" in global trade liberalisation talks. In a letter to US President George Bush, released on
      AFP  -  247 words
    • Article, Illustration
      Lock icon Mandela rejects Bush's appeal
      390 9 AFP THE African National Congress (ANC) will consider ending hostilities once the Pretoria government removes obstacles to negotiations, black South African leader Nelson Mandela said in Washington on Monday. Mr Mandela, the ANC deputy president, was speaking after an almost threehour meeting with US President George
      AFP  -  390 words
    • Article
      Lock icon North Korea's trade fell back in 1989: Jetro
      352 9 AFP NORTH KOREA'S trade in 1989 suffered its first decline in six years as its stagnant economy was drained further by spending on a world youth festival, a Japanese trade promotion agency said on Monday. "Depending on how it responds to the
      AFP  -  352 words
    • WORLD WATCH
      • Article
        Soviets resume paying Tokyo for imports
        98 10 THE SOVIET UNION resumed in late May payments for Japanese imports, the Nihon Keizai Shimbun reported yesterday. Since then, Moscow has paid back 20 per cent of its total debt to Japanese trading firms, estimated at US$45O million before payments resumed in late May,
        98 words
      • Article
        Party's role in doubt: poll
        77 10 MORE THAN HALF the Soviet people believe that the Communist Party has lost its position as the leading force in society, according to a poll published on Monday, a week before a major party congress. Only 18 per cent of those polled were firmly convinced
        77 words
      • Article
        Call to make Berlin capital city
        85 10 The MAYORS of East and West Berlin made a joint plea on Monday for their city to replace Bonn as the capital of a united Germany. Speaking at a press conference in Bonn, Tino Schwierzina and Walter Momper, both Social Democrats, said a blueprint
        85 words
      • Article
        Pledge of support for Israel
        70 10 THE PRESIDENTS of the West and East German parliaments, who are on a joint visit to Israel, pledged on Monday that a united Germany would be a strong supporter of the Jewish state. Rita Suessmuth of West Germany and Sabine Beismann-Pohl of East Germany said
        70 words
    • Article
      Lock icon EC agrees to explore aid ideas for Soviet economy
      385 10 AFP EUROPEAN Community (EC) leaders agreed on Monday to explore ways of helping the Soviet Union to repair its shattered economy, concurring sources said early yesterday, reporting a major new step by the Community in its aid for Eastern Europe. France
      AFP  -  385 words
    • Article
      Lock icon EC accepts two-thirds of 1993 measures
      204 10 AFP THE European Community has agreed on two-thirds of the laws needed to remove its internal barriers to trade by 1993, European Commission President Jacques Delors told the EC summit in Dublin on Monday. Of the 282 measures proposed in the Community's White Paper
      AFP  -  204 words
    • Article, Illustration
      Lock icon Gorbachev wants West to back reforms: Kohl
      312 10 AFP SOVIET President Mikhail Gorbachev wants the West to back the reforms in the Soviet Union, West German Chancellor Helmut Kohl said in a letter to members of the European Community (EC) meeting in Dublin on Monday. Mr Kohl indicated in the letter,
      AFP  -  312 words
    • Article
      Lock icon Tough debate seen on move to freeze Vilnius declaration
      344 10 Reuter A DEEPLY DIVIDED Lithuanian Parliament was due to open debate in Vilnius yesterday on a Kremlin proposal to freeze the Baltic republic's declaration of independence and launch talks with Moscow on its future. In Moscow, meanwhile, Boris Yeltsin, president of
      Reuter  -  344 words
    • Article
      Lock icon French arms sales drop 40pc
      337 10 Reuter WEAPONS EXPORTS by France, the world's third largest arms seller, have dropped 40 per cent in recent years, mainly because of a fall in orders from Arab states, organisers of the top French arms show said in Paris on Monday. But the experts, speaking
      Reuter  -  337 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      42 9 S CHILEAN NATIVE TIMBER We offer 3,500 cubic metres of the finest native Araucarian Pine and 750 cubic metres I of top-quality native Oak at most g competitive prices. I Contact Austfarm International, I of Sydney, Australia Fax: 6-2-971 4331 (Dr. Brotherton).
      42 words
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      Page 9 Advertisements Column 2
      201 9 Lancia Dedra. Possibly the best mid-sized saloon for the *****. But don't just take our word for it. The new Lancia Dedra is Europe's acclaimed top choice in mid-sized p The Dedra's ride-handling balance is amongst the best we have encounsaloons, flying in the face of competition from some of
      201 words
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      Page 10 Advertisements Column 1
      176 10 EMIRATES. REFINING THE SHAPE OF AIR TRAVEL 17th June saw the introduction of Emirates' twice weekly services between Dubai, Singapore, Manila and Bangkok. These new routes will allow travellers to experience the real enjoyment and pleasure of flying with Emirates: voted Executive Travels' 1989 Airline of the Year to the
      176 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      204 11 f BBfeß -> 'pi'i 'V, 1 'i' tiH&*sfei*£> lI'Tl-0 iMH^^B IB V^bSA^XhHM^^H^^H v £Sl*i* v v '''i'''""- -V IV> "4'^' v SiiSs 'it j4*-S*3»s,..> .*'j£^^j^Ml^^MßßßßBß^ll AJSO t I Manufactured by Motorola, it is packed with more features than you'd find even on a full-size phone. It weighs a mere 300g
      204 words
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  • Article
    The impetus of training
    443 12 EDITORIAL These are trying times for managers in Singapore, and it can only get testier. The battle for trained bodies and minds continues, as the labour squeeze shows no signs of easing. Workers themselves, who know a hot market when they smell one, are getting increasingly
    443 words
  • WHAT THE OTHERS SAY
    • Article
      Who's to do the dirty job?
      227 12 THE general standard of cleanliness in public housing estates clearly leaves much to be desired. The question is why? Two MPs from the Eunos constituency have complained publicly of the problem, partially attributing it to cleaning contractors' inability to find enough Singaporeans willing to
      227 words
    • Article
      Friends in deed
      112 12 MUSLIM and non-Muslim countries including the West have gone immediately to Iran's aid following its appeal for help in the wake of severe earthquakes hitting the country. The tragedy has refocussed attention on Iran's standing in the international community. The sympathy shown by the world community and
      112 words
    • Article
      Volunteers, anyone?
      157 12 MOST people cite the lack of free time as a reason for not doing social work. Of course, there is no denying that life today is busy and hectic. Whatever time is squeezed out of the day is spent with the family. But, the situation can be redressed.
      157 words
  • REGIONAL VIEWPOINTS
    • Article
      Visit Malaysia every year
      163 12 THERE are different sets of figures marking the number of tourist arrivals in Malaysia in the first five months of this year and the amount these tourists have spent during their stay here, but even the least of the figures indicate that the promotion and organisation
      163 words
    • Article
      That's not the way
      217 12 CANADA'S Constitution allows provinces to exercise very wide sovereignty under the guidance of the federal government in Ottawa. But the concept is creaking under pressure from predominantly French-speaking Quebec, presenting a threat to the continued unity of the country. The Prime Minister, Brain Mulroney, has failed
      217 words
    • Article
      Quick action needed
      128 12 WHERE insurance is concerned, many Malaysians are illiterate although it affects many aspects of their lives such as in property coverage, accident and hospitalisation policies, life insurance, etc. They care for little more than having to pay as low a premium as possible. This attitude has prompted
      128 words
  • Article, Illustration
    Lock icon Let's wait and see
    946 12  -  Will Quebec pursue its push for independence or will it stay in the Canadian confederation after the collapse of the Meech Lake accord? John Burns reports John Burns NYT AS CANADA assessed the wreckage of its latest bid to placate Quebec, its leaders' attempts to soothe
    NYT  -  946 words
  • Page 12 Advertisements
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      416 12 GOOD IDEAS KEEP COMING UP Buy any of these. PC-4641 JX-9500 Compact Laser Printer QA-50 Professional Computer I arpc Supertwist I.CD with HI. backlighting I mulates MP laser Jet Series 11. Projection Panel (64° x 401) pixels) Ep»n KX-80. IBM Graphics Pnnter. Jght easy tQ up and •40 MH hard
      416 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Foreign debt: Jakarta's sitting pretty
      710 13  -  Steady growth in Indonesia and a change of strategic priorities among Western donors have transformed the background against which the country can ask for soft aid. John Murray Brown reports John Murray Brown FT Much has changed on both sides of the table at Indonesia's
      FT  -  710 words
    • Article, Illustration
      Looks like China's turn to sulk
      1225 13  -  Taiwanese investments in the Philippines have been on a runaway trend during the past few years. A 1 O Labita Jr, writing for BT from Manila, examines the gradual shift by Manila from its 'one-China' policy Al O Labita Jr WHEN the Philippines and
      1,225 words
    • Article, Illustration
      Lock icon An old friendship comes under scrutiny
      767 13  -  The Korean War is no longer the tie that binds the US and South Korea. Sonya Hepinstall explains Sonya Hepinstall Reuter SOUTH KOREAN and American soldiers slogged side by side through mud and snow in 1950 to fight the bitter Korean War, but 40
      Reuter  -  767 words
  • Page 13 Advertisements
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      83 13 ACROSS THE NATION AROUND THE WORLD Tenders Close 4.00pm Friday, July 27,1990 Chinatown Precinct holds the key to a new Retail Dynasty. Refurbishment or *2 Mall/3 Street Frontages Redevelopment Site Area: 5360m 2 approx Plot Ratio: 4:1 Q.F.A.: 20,000 m* approx With the Council and Qovernment's committed strategy to the
      83 words
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  • FOCUS
    • Article, Illustration
      Lock icon Problems of success
      1283 14  -  Patrick L Smith says things have gotten so good for East Asia that they've started going bad now Patrick L Smith IHT After years of high economic growth, East Asia faces a new and potentially disruptive challenge: inflation is expected to be a lasting problem throughout the
      IHT  -  1,283 words
  • Page 14 Advertisements
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      1675 14 TONG BEE FINANCE COMPANY LIMITED AND SUBSIDIARY (I rtC o<Tf>Of I %wO HI .urrr. IMa INCOME RECOGNITION Term charges or hire purchase are apportioned equally over BALANCE SHEETS DECEMBER 31, 1989 the period in which the monthly instalments are due Tilt CQIMIDY TIW GfBIU Interest income on mortgage loans are
      1,675 words
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      Page 14 Advertisements Column 2
      142 14 JS& aunuai ROSE GARDEN Z, SICHUAN RESTAURANT fS l evel 5, Golden Landmark Hotel 390 Victoria Street. Singapore Br Sichuan Cuisine at its spicy best. In a new locale, where East meets West The Ro>e Garden Sichuan Restaurant at the Golden Landmark Hotel. A new name in a new location
      142 words
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      212 15 From Andorra To Aruba. From Cameroon To Costa Rica. From Hong Kong To Holland. From Kenya To Kuwait. From Malaysia To Martinique. From Turkey To Thailand. i J# —^MH|H||MHBHp ai -T Baiaiaiiiiia,>iiaiiia -----<^S9ltf^SMK IK^flu^^Vl9BUflMßPl£»f'j7^^^^K^BiHNy^H^^^9 O™ By One. To earn your trust, not just your business. This has always been the
      212 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Becker, Lendl avoid opening-day spills
      556 16 AFP WORLD number-one Ivan Lendl and defending champion Boris Becker came safely through their first round matches as the 1990 Wimbledon championship kicked off with the usual thrills and spills. Pat Cash displayed all the fighting qualities which have helped him climb back to the
      AFP  -  556 words
    • Article
      Lock icon Doctors slap training ban on injured Maradona
      128 16 AFP DIEGO MARADONA cannot train before Argentina's World Cup quarter-final on Saturday. The team doctors have ordered complete rest for him after he hobbled off the pitch with a swollen left ankle after wrecking Brazil's World Cup dreams on Sunday. Maradona has been
      AFP  -  128 words
    • Article, Illustration
      Lock icon Schillaci and Serena strike as Italy go through
      505 17 AFP SALVATORE SCHILLACI, the new goal-scoring hero of Italian football, and substitute Aldo Serena, the forgotten man on the international scene, saw Italy to a 2-0 win over Uruguay in the Olympic Stadium in Rome on Monday night. Schillaci, the Sicilian plucked
      AFP  -  505 words
    • Article, Illustration
      Lock icon O'Leary, Bonner bring Ireland glory
      377 17 AP IN THE TWILIGHT of his career, David O'Leary scored the goal that gave Ireland its greatest soccer triumph. The 32-year old Dubliner, unable to hold a steady position with his club and corning on as a substitute in his first World Cup match, stroked
      AP  -  377 words
  • Page 16 Advertisements
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      1787 16 1989 Swiss Bank Corporation in facts and figures nlqa q Balance sheet as at 31 December 1989 Swiss Bank corporation in together with the previous year s figures: atler acceptance ot the Board s proposals concerning distribution ot protit Cash flow for the financial year rose by 13.2% to Sfr.
      1,787 words
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      1488 17 Wayfoong Mortgage And Finance (Singapore) Limited BALANCE SHEET as at 31* December 1989 PROFIT AND LOSS ACCOUNT I 9. OTHER DEBTORS I*B9 1988 for the year ended 31st December 1989 a< aot Note 1989 1988 Accoums receivable 45.893 SS Kir-.. IOM IQJUI Interest receivable 30,472 88,831 Note 1989 1988 Deposits
      1,488 words
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      253 18 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot The Szechuan Court is proud to present the return of The Xi'an Master Chefs from The Golden rlower Hotel of Xi'an. With skills as legendary as the great historical city
      253 words
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      Page 18 Advertisements Column 2
      338 18 A SBMttIING APPEARS TONIGHT ABCM SCOTIS RO\D BAR With itN spectacular glass frontage, the Canopy Bar lis (he Kleal place lo see the stars It's also\Singapore's newest and most exclusive rendezvous The Canopy Bar, upstairs at the Hyatt Ala/carte steamboat promotion rftT 3yWjß W^ k L iII "i MMm." iK
      338 words
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      Page 18 Advertisements Column 3
      187 18 *.JABW^E«WI>TSBT> fPick up some Japanese Lunch or dinner Adult: $18 Plaza Hotel SINGAPOVf ■TJllukwk 117NV4 JMHUMI ROSEGARDEN SICHUAN RESTAURANT G* Level 3. Golden landmark Hotel 390 Victoria Street. Singapore Introducing our new Set Lunch Promotion 6-course Lunch for 3 to 4 persons at $48.00++ 7-course Lunch for 6 to 8
      187 words
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      Page 18 Advertisements Column 4
      314 18 x*jt~ liSr *5? ,> I kbi 1 t ELEMENTS OF GUANGDONG I UjwV The art of unlocking the delicate iflfA flavours of fowl, fish and game with 1 wi CQMtT, subtle touches of condiments. That's 35th floor Guangdong cuisine. Taste for yourself J' its delicious variety at the Pine Court
      314 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      684 18 TELEVISION AND RADIO n* 1 11 P SBCI2 7.30 Nows(M). 8.00 NattoMl News (M). BUSINESS ON RA|ljo| y I 1 TA ■■<■<£••■■■—.— 7.50 Teer of Duty Promised i3O Malay Theatre Antara Dua -m s\ II s\ 111 111 r~ 6.55 PM Italia '90 Highlights. Land The assassination of Hati. Rosnani
      684 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Living in the long shadow of Churchill
      1201 19  -  The grandchildren of the wartime leader of Britain find him a tough act to follow, reports Robert Barr Robert Barr AP Hurrying back to London after a weekend in the country, Winston Churchill ignored the pleas of his grandchildren. "Don't go, grandpa," begged
      AP  -  1,201 words
    • Article
      Greek actress to run for post of mayor of Athens
      480 19 wwmmm MELINA MERCOURI, Greece's popular actress turned fiery Socialist politician, will seek to become mayor of Athens in municipal elections in October. The Panhellenic Socialist Movement (PASOK), which was defeated in a general election last June after eight years in
      480 words
  • Page 19 Advertisements
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      256 19 AND ENTERTAIN AYen For Fresh Japanese Food. Hi LUNCH: U NOON Fag 5 TO 2.15PM. *j SdS S DINNER 6.3CPM TO Bl 10.15PM. £5 I S I PRICES SUBJECT E=£-r l^^EvSilPa-1 CH 8 TO 10% service IMH I CHARGE AND 4% CESS. Unkai flies in fresh ingredients daily from Japan.
      256 words
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      Page 19 Advertisements Column 2
      41 19 THE BEST OF SEAFOOD VIETNAMESE CUISINE LUNCH OFFER 40 DISHES at $4 each DINNER OFFER FREE STEAMED GARLIC PRAWNS (till 31/7/90) TRoncAiTO Seafood |restaurant 0S& uic s3.*.*.=Brm. 82-0 I Basement. Shopp'nc Centre. "bngfln Rd. Spore 1024. (mmem+'omaßm. **«*t*Tß2-oi) S *****20 *****63
      41 words
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      Page 19 Advertisements Column 3
      175 19 Ik 4hb pHpHH|HßV9H^B|^^^^^HJym|||^^H^H^mp l l V- g r 1 Come, taste our tradition At Lhao Phaya. where <>u experienced inai cl>efs welcome you to taste tlieir authentic lhai cuisine The dis«inctive aromas. The evMic ->pk s The freshest mouth-watering seafood Ai.cl even our homely Thai nospitality lo satisfy your exquisite
      175 words
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      Page 19 Advertisements Column 4
      209 19 I TIENGOURT* I n SICHUAN CUtS''<E I For a Wealth of Exotic 1 Sichuan Delights! i OM Whether it's our mouth-watering steamboat prepared V horn the freshest ingredients in a rich, savoury stock or the spiciest, tangiest Sichuan dishes expertly prepared V by our experienced chefs. Tien Court promises St
      209 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market finishes firmer on Tokyo's rebound
      4472 20  -  By William Chia SHARE PRICES on the Singapore stock market closed firmer yesterday on selective bargain hunting after Monday's falls. Brokers said market sentiments improved on the back of Tokyo's rebound yesterday which saw the Nikkei Index recovering 447.58 points after two days of
      4,472 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3939 21 Main Board CK Tang 406 +22 +5.7% Spore BusF 500 690 +20 +30% The H Glass 25* 160 +12 +8.1% HongFok 256 +11 +4.5% SIA 200 1340 +10 +0.8% OCBC 840 +10 +1.2% Semb Shipyard 720 +10 +1.4% Prima 630 +10 +1.6% Singatron 20* 116
    3,939 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      249 22 Cm»m) Data Yaar Graap Hat Nat aarnings Grass ann ta pcafit/lass (I) par shara dividend (•000) (cants) SIA Jun 25 Mar 90 $l.200.600(J985.300) 188 4(159 0) 35(15) Jacks tat Jun 22 Jan 90 $2281 ($33) -(0.3) MM Corpn Jun 15 Dec 89 M$4.897($3.148) 93(4 9a) 7(4 3a) Ktan
      249 words
    • Article
      PRELIMINARY RESULTS
      178 22 Company Date Year Gra«» pra-tox Nat aarningt Grots ami to profit/lott (L) par thara dividend ('000) (canto) CK Tut )un 25 Mar 90 $10.670($6,732) 24.7(15.0) 6(6) At H Glass Jun 25 Mar 90 $10.936<S8.781) 15.4(12.2) 5(5) MC HUgs Jun 22 Mar 90 HK$376.566($228.198) 113.0(106.0) 40(40) ,B Sembawang Jun
      178 words
    • Article
      DIVIDENDS ANNOUNCED
      925 22 Current Ex Books Date Total tor Total for payment date doso payable tlw yoar last year MfP Jun 20 Jul 5 Aug 15 1 29sen knot 10% Kjn 18 Jun 28 Jul 16 10% 10% Asa Pacific 15 4% (I) Jul 4 Jul 16 Jul 20 154% 35
      925 words
    • Article
      RESULTS DUE
      546 22 Singapore Stocks Last FnN Year Corparry Penod Date Ye» Net EPS Gran IW naixtd nh( (cants) <•» pro* tot year (TOO) baton Final Feb 28 Nov 89 391 10.0 11.728 Marca No Final Mar 27 Dec 89 3.471L Leant Huat Wenm Mar 30 Dec 89 5351(h) EMS Interim
      546 words
    • Article
      INTERIM RESULTS
      180 22 C«MM«y Date Half-year Group pro-tax Interim ann to profit/k»s (L) dhri«toi»d <•000) Asa Pacific Jun 22 Mar 90 $48.108($51,412) 15.4(12.3) F&N Jun 22 Mar 90 $75.678($75.627) 9.2(9.2) Avmo Jun 8 Mar 90 $1,571(16.126) 7.5TE(10TE) Itt Kepong Jun 1 Mar 90 M$54,868($102,481) NYA(5) Wearnes May 23 Mar 90 $28,406($19,539)
      180 words
    • Article
      CORPORATE DEVELOPMENTS
      385 22 Jun 25 HaM Proptrtits Ltd bought an 80% stake in Waterfront Cruises Pte Ltd tor $600,000. Mcapi Bhd acquired Kim Shipping tor $825,000 cash. Lion Cerp's joint venture with China Steel Corp of Taiwan to set up the largest integrated steel mill in South-east Asia will cost up
      385 words
    • Article
      APPROVED ISSUES
      273 22 Company Rights Issue £8 Corjir One-torthree 6 MSI 60 per share *****1m It Convertible Unsecured Loan Stock of M$100 nominal value to be issued on the basis of 1 CULS for every eight shares held Ei-date kin 6 Books dose Jun 20 Acceptance Payment NYA Midj Mdgs One-for
      273 words
    • Article
      PROPOSED ISSUES
      539 22 Company Rights lssu« Causeway hv Capital reduction scheme to reduce par value ol shares from SI 00 to JO 60; foghts issue of 3:2 $0 60 per share CMA One tor one n, MJ4 00 per share [very tour rghts shares would be issued with one TSft FAC8
      539 words
    • Article
      BONDS, LOANS & WARRANTS
      636 22 BONDS, LOANS WARRANTS C imp my CmwiIib CiiiiiiIu I— far m*mn UC m Betort 26/4/93 1 warm* pte (309 art Cawaway Loan Caoaway IB 2/10/89 to 20/10/94 1 warrant pte $1 cart or 1 warrant pte $1 nommal amount of loan stock Qhi ft* Nate Chuw H* m Marcti 87
      636 words
    • Article
      RECORD HIGHS & LOWS
      138 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 hide 1402.22 (6/2/90) 1990 H*t 1607.12 (27/3/90) 1990 tow: 1254.18 (2/5/90) 1990 to* 1458.18 (2/5/90) 1919 Melt 1322.00 28/12/89) 1919 N* 1487.76 26/12/89) 1989 tow: 917.42 (4/1/89) 1989 tow: 1030.69 (4/1/89) 1988 h«tr 1043 86 (8/8/88) 1988 M* 1177.87 (8/8/88)
      138 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      243 22 STOCK EXCHANGE OF SINGAPORE SUPPLEMENT 1990 The global equity market is losing much of its shine. Volatility rules the day, and the technology that brings markets closer to each other also exposes one market to another's weaknesses. But with the increased risk or volatility also comes greater opportunity for profit.
      243 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close higher as interest returns
      3746 23 Bernama RENEWED buying interest pushed share prices to a higher close on the Kuala Lumpur Stock Exchange yesterday. Ready turnover improved to 33.285 million shares valued at M 578.921 million compared with 30.174 million shares valued at M 591.128 million on Monday. Interest in
      Bernama  -  3,746 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      71 23 ppp^ 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. ROALD DAHL "A sophisticated account of village life the rural characters are moulded by the author's dark, inquisitive
      71 words
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      Page 23 Advertisements Column 2
      286 23 APPOINTMENT I.E„ KXX I MANAGER I Required for a shipping company engaged in breakbulk liner service I between U.S.A., Europe Far East Incumbent must have at least 15 I years experience and well versed in I all aspects of the shipping business, including Chartering B Operations I Commercial I Agency
      286 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices rebound after two days of losses
      2257 24 Reuter TOKYO stocks closed sharply higher yesterday on bargain hunting after two days of declines. Brokers said expectations that trust funds would enter the market over the next few days brought several other institutional investors back to the market toward the close. "Institutional
      Reuter  -  2,257 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market fails to break a major barrier
      2503 24 Reuter HONGKONG share prices were capped by profit-taking yesterday with the main stock gauge closing higher but failing to break a major barrier as expected, brokers said. The Hang Seng index closed 15.91 points higher at 3,292.35, but below both the peak of
      Reuter  -  2,503 words
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  • REGIONAL STOCK MARKETS
    • Taipei stocks dive to a 17-month low
      • Article
        Untitled
        342 25 In local currency In S$ I« US$ S da> S vear day year day year June 25 Index change change change change change change World 426.3 -0.3 -8.3 -0.5 -12.7 -0.6 -10.0 tFARF 593.9 -0.8 -12.8 -09 -17.5 -0.9 -14.9 Europe 454.6 0.4 0.9 0.7 2.3 0.6 5.5 Pacific 1000
        342 words
      • Article
        Untitled
        86 25 Close Previous June 26 SYDNEY All Ordinaries Index 1513.5 1511.9 +1.6 All Industrials Index 2382.0 2377.7 +4.3 All Resources Index 853.6 853.9 -0.3 Turnover (million) NA 139.51 BANGKOK SET Index 1037.38 1032.54 +4.84 Turnover (nearest '000) 35,742 29,892 +5,850 JAKARTA Composite Index NA 626.14 Turnover (nearest '000) NA NA MANILA
        86 words
      • Article
        AUSTRALIA
        1020 25 THE Australian sharemarket closed al- most steady yesterday after morning gains were shaved by arbitrage programs, brokers said. The All Ordinaries index closed 1.6,;*j»int firmer at 1513.5, off its high of 1518.6. One broker said trade was very thin with little corporate news to drive co prices. CSR, which
        1,020 words
      • Article
        BANGKOK
        658 25 -THAI STOCKS closed mixed yesterday "rSn cautious trade after early gains in the and property sectors were trimmed by late profit-taking, brokers said. The official SET Index gained 4.84 points to close at 1037.38. Declines led advances 72 to 63. Most active were Star Block, Nava Finance and Union
        658 words
      • Article
        MANILA
        521 25 PHILIPPINE share prices dipped on a second day of profit-taking yesterday, but traders were careful not to overdo it, brokers said. "Profit-taking remained within the day's trading range," said Cecille Molano, an analyst at Equitiworld Stock Brokers Inc. She said it indicated that selling was not aggressive. The Manila
        521 words
      • Article
        TAIPEI
        384 25 TAIWAN STOCKS fell sharply yesterday to a new 17-month low in the last minutes of trading as nervous investors rushed to sell when one banking counter started to tumble, dealers said. The weighted index fell 274.43 points, or 4.9 per cent, to finish at 5,294.12. Turnover was NT$4B.4 billion
        384 words
      • Article
        SEOUL
        812 25 SEOUL stocks fell further in slow trade yesterday as buyers and sellers engaged in a tug-of-war, with the index staying in a narrow range around 735 until the market stabilisation fund intervened in late trade, brokers said. The composite stock index lost 3.38 points to 736.42, with volume slightly
        812 words
      • Article
        NEW ZEALAND
        423 25 The New Zealand market rose in morning trade yesterday but ended the day on a flat note. Turnover was $27.9 million and the Barclays Index fell an estimated 0.16 to 1,784.88. Volume was boosted by a crossed trade of 5.5 million BNZ shares at 88 cents. Brokers said
        423 words
      • Article
        Untitled
        426 25 Jakarta JtNE Rupiah VotfOO) ABDA 6550 unch Aqua Golden Missisipi ***** unch Aster Jawa 5000 unch Astra Graphia ***** unch Astra Infl Inc ***** +150 675 Asuransi Bintang Ind 5500 unch Asuransi Dayin Mitra 6900 unch Asuransi Jiwa Panin ***** unch Asuransi Ramayana 6500 unch Bakrie Brothers ***** unch Bank
        426 words
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  • WORLD STOCK MARKETS
    • Wall Street loses ground on low volume
      • Article, Illustration
        NEW YORK
        1169 26 THE US stock market bowed by a load of worries including weak corporate profits, little change in credit policy and soft bond prices staged a moderate retreat on low volume on Monday. Takeover-related issues were among the rare gainers. Caterpillar Inc helped the session start on a sour
        1,169 words
      • Article, Illustration
        LONDON
        870 26 LONDON share prices were higher at midday yesterday, boosted by a buoyant futures market and a shortage of some stocks. But the market retreated from its morning peaks. With the June Financial TimesStock Exchange 100-share futures contract opening at a 15-point premium to the underlying Footsie Index, equities surged
        870 words
      • Article
        FRANKFURT
        194 26 WEST GERMAN shares ended slightly lower yesterday as investors took profits after seven straight days of gains. But dealers said the market's mood was still positive. "We were expecting a reaction after the last week, so no one was really surprised," said one trader. "And there is very little
        194 words
      • Article
        MILAN
        147 26 INTEREST in telecommunications stocks and second-line firms boosted Italian shares slightly in early trading yesterday, with initial volume running higher than on Monday. The MIB was shown 0.3 per cent higher at 0900 GMT. "The positive tone on major foreign bourses helped overall sentiment," one operator commented. Early demand
        147 words
      • Article
        AMSTERDAM
        250 26 DUTCH SHARES traded mainly steady on a thin midsession market yesterday but were slightly retreating from firmer opening levels as demand faded. At 1115 GMT, the CBS All-Share Index was 0.1 point up at 121.1, after reaching 121.4 in early morning trade. "There was domestic retail demand early in
        250 words
      • Article
        ZURICH
        281 26 SWISS shares traded quietly steady at midsession yesterday. Dealers said volume was low and trading lacked direction as no new factors were seen. The all-share SPI Index stood at 1,188.2 points, 0.1 point above Monday's close. During the session the index fluctuated within a range of two points. The
        281 words
      • Article
        PARIS
        259 26 FRENCH share prices were firmer in quiet trade at midday yesterday, with a few special features like Michelin and Havas pulling the market up. The CAC-40 Index was 5.31 points higher at 2,045.39 by 1100 GMT. It had opened 2.39 points up at 2,043.60. Michelin was heavily traded, bouncing
        259 words
      • Article
        BRUSSELS
        149 26 BELGIAN shares opened mixed to higher in light volume yesterday. Traders said the fall in June's inflation rate to 2.98 per cent lifted some prices but the market was calm ahead of the start of the summer holidays in July. Steelmaker Cockerill slid three francs to 193 after it
        149 words
      • Article
        JOHANNESBURG
        343 26 GOLD SHARES in Johannesburg remained firm at midday yesterday, after Monday's sharp gains, supported by revived, but selective, interest following Monday's rally in the bullion price to around US$353. The partial recovery in world gold prices was prompted by news of South African Reserve Bank intervention in the gold
        343 words
      • Article
        STOCKHOLM
        49 26 STOCKHOLM share prices firmed in brisk trade yesterday, with morning turnover of 184 million crowns amounting to the total turnover on Monday. The bourse General Index rose 0.48 per cent to 1,263.26 by 1100 GMT, while the top-16 index firmed less strongly by 0.18 per cent to 1,180.09.
        49 words
      • Article
        TORONTO
        207 26 TORONTO stocks closed at the day's low on Monday, dropping in late trade on program-selling in New York. "The expected adverse effect of the failed Meech Lake agreement has not occurred," said Rolie Bradley, an analyst with Levesque Beaubien Goeffrion Inc. The Composite Index lost 16.6 to 3,474.2 on
        207 words
      • Article
        Untitled
        45 26 Vienna June 25 Asch Akg Holding 4950 unch E. Allgem (PreO 1%00 -400 Jungbunzl ***** 300 Laenderbank (PreO 800 +10 Lenzing 1850 +50 Leykam 720 unch Montana ***** +1100 Oesterr. Brau 4750 +100 Semperit 173 +2 Steyr 224 unch Veitscher 1140 +5 Source: Austrian Laenderbank
        45 words
      • Article
        Untitled
        86 26 June 23 Close Previous NEW YORK Dow Jones 2.843.03 2,857.18 -12.13 NYSE Financial 143.06 144.58 -1.52 SAP 500 352.31 355 43 -3.12 Turnover (million) 133.1 172.6 -39.5 LONDON Financial Times 30 1.929.4 1,913.0 +16.4 FTSE 100 2,398.5 2,378.5 +20.0 Turnover (million) 379.1 497.8 -118.7 AMSTERDAM CBS General 198.7 198.7 unch
        86 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback closes lower against yen, firmer against D-mark
      1268 27 FOREX MARKET REPORTS THE US dollar yesterday ended lower against the yen but firmer against the mark in what traders termed technical adjustments after the yen was oversold on Monday. It closed at 155.23 yen and 1.6813 marks in Tokyo yesterday after
      1,268 words
    • Article
      INTERBANK FOREX RATES
      389 27 Cross rates m2t USS SS MS Dm Yen SFr A$ NZS US$ 1.8430 2.7115 1.6815 155.15 0.5784 1.4135 1.2747 1.7007 SS 0.5426 1.4712 0.9124 0.8418 0.3138 0.7670 0.6916 0.9228 MS 0.3688 67.97 0.6201 0.5722 0.2133 0.5213 0.4701 0.6272 Dm 0.5947 1.0960 1.6125 92.27 0.3440 0.8406 0.7581 1.0114
      389 words
    • Article
      MONEY MARKET
      567 27 Interbank rates SS Bid Offer Overnight 6 1/2 6 3/4 1-month 7 3/16 7 5/16 2-month 7 1/4 7 3/8 3-month 7 1/4 7 3/8 OwCTMlht mode: 6 3/4 L'SS Bid Offer 7 days 8 5/16 8 7/16 1 month 8 1/4 8 3/8 2 months 8 1/4
      567 words
    • Article
      Lock icon Political uncertainty takes its toll on yen
      258 27 Reuter THE YEN now seen as the weakest major currency is set for further selling by investors on political uncertainty ahead of next month's German monetary union and Soviet Communist Party congress. Spurred on by political jitters, Japanese investors are selling the yen
      Reuter  -  258 words
    • Article
      FINANCIAL FUTURES
      1529 27 SIMEX EUROOOUAR Open High Low Sett Est Vol Op/lnt Vol Sep 90 91 68 91.69 91.67 91.68 6709 ***** 4024 Dec 90 91.61 91.62 91.61 91.61 2018 $976 I4S9 Mar 91 91.56 91.56 91.55 91.56 470 1985 443 Jun 91 91.38 91.38 91.37 91.38 72 643 69 Sep
      1,529 words
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  • COMMODITIES
    • Article
      Lock icon Norway scraps curbs on N Sea output
      325 28 Reuter NORWAY, accusing Opec of exceeding its oil production quotas, said it was scrapping curbs on its North Sea oil output designed to help stabilise prices. Norway, which is not a member of Opec but is Westem Europe's biggest oil producer after Britain,
      Reuter  -  325 words
    • Article
      Lock icon Opec oil production drops
      189 28 AP OPEC oil production has dipped to an estimated 23.2 million barrels a day so far this month. But it is too soon to determine whether it will be cut back to a level agreed to by the cartel, the Middle East Economic Survey reported on
      AP  -  189 words
    • Article
      Lock icon US to resume public sales of stockpiled tin from July 2
      236 28 Reuter THE United States Defence Logistics Agency (DLA) said on Monday it will resume public sales of excess tin from its stockpile from July 2. The plan to sell the surplus tin has been criticised by major Asian tin
      Reuter  -  236 words
    • Article
      Tin loses five sen on higher offerings
      849 28 REPORTS THE price of tin on the Kuala Lumpur Tin Market (KLTM) shed five sen to close at M$ 16.40 per kg on higher offerings and lower demand. Traders said the market's undertone was weak in line with sentiment on the London Metal
      849 words
    • Article
      PRICES
      1389 28 Rubber June 26 MS hi fcalw) S ctnts/kg Noon Close Int I RSS Prompt 154.75/155.75N I54.7VI55.75N Int I RSS July 90 156 25/156 75 I56.2V156.75N Int I RSS August 158 25/158 75 I5S.2VI58.75N Int 2 RSS OP 153.75/155.75N I53.7VI55.75N Int 3 RSS OP 149.25/151.25N 149 2*151 25N Int 4
      1,389 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1220 28 NOTICES I BANKING HOURS on Saturday, 30 June 1990 NOTICE IS HEREBY GIVEN that due to the midyear closing of books, member banks operating on Saturdays will open for business on Saturday, 30 June 1990 up to 11:30 am only. •yOidMOflteCtundl Ong-Ang Ai Boon, tH THE ASSOCIATION OF BANKS IN
      1,220 words
    • Advertisement
      Page 28 Advertisements Column 2
      15 28 Read Chartpoint, a guide to investing in (he sloek market. Every Saturday in Business Times
      15 words
Page thumbnail Page 29
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    991 29 City FHfht ETA Flight ETD City Flight ETA Flight ETD GA895 1235 GA886 0010 SQ105 SQ107 SQ109 1050 1305 1405 MH641 SQ1I0 MH631 315 445 QF7 2025 SQ227 2250 610 GA895 KL813 1235 1455 KL814 SQ24 Qf 15 1720 2200 2215 MH642 SQ 111 MH613 SQ113
    991 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Where you can drink, chat and be merry
      862 29  -  LETTER FROM LONDON By Neville Stack THERE are many delightful things the visitor can do in an English pub. You can quafT a few foaming bumpers of Australian beer-type fizzy water. Or get deeply involved in one of those conversations that have
      862 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4400 1.4600 Canadian dollar 1.5500 1.5700 NZ dollar 1.0680 1.0980 Sterling pound 3.1780 3.2080 US dollar 1.8400 1.8500 Local dollars to 100 units of foreign currency Austrian schilling 15.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      107 29 Duration Title Venue Organiser Td Jun 15-27 Trieste Italy Ente Autonomo (39X*****61 International Fiera Di Fair Trieste Jun 25-29 3rd Asia-Pacific Hongkong Asia-Paciric *****77 World Publishing Convention Worid (Singapore Direct Exhibition Publishing Secretariat Marketing Congress Centre Congress 65-*****77 Exhibition 65-*****09 "Pubpnnt '90" Jan 25-27 Eurocon 90 Joensuu
      107 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      51 29 I He [H r>.on i hou t cvc r v g I I M rhur\dj>.Sj(urdj\ jndSundjv I caving! hangi B M\ IK W \irport at hours and jrriv in»; Jt Lcslcr B. R JL JL. Pcirvin Inttrnjtiorul Airport the follow ingd.it. A Hi: I I H I- Fi;i: > I!
      51 words
    • Advertisement
      Page 29 Advertisements Column 2
      200 29 !l Qhe Kinta-Mani Indonesian Delicious, SplCy /r Restaurant serves dcliaous and spicy T J M Indonesian cuisine. The menu J- HClOnCSlClrl features authentic Indonesian dishes 4 such as Gado Gado, Opor Ayam, ClwlSlTlG > Rendang Sapi, Tahu Telor, Udang Delightfully B^.nd,™,od«r,>««lM«. .f> ft iSf Qhe superb fare, cosy conducive satisfying.
      200 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      316 29 ACROSS hi B 3 1 15 —I 16 I V P 1 Solitaire makes Margaret utterly bored (3-5) H H MB 5 A former PM is in retirement, quite obviously (6) 3 I I I I I I I 9 What the streaker docs to leave the others standing 10
      316 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      212 29 Singapore Outlook: Showers over a few areas in the late afternoon. Report: Max temp. 33.6* C Assoc humidity 58% Min temp. 24.2* C Assoc humidity 83% Hrs of sunshine 8.3 Rainfall in mm Nil Rainfall this mth 116.3 Rainy days this mth 7 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 16/08
      212 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      26 29 (sw -rae Pouefts vesteD in roe..T UGLL, ueu.... so V F£l€.ND HF\S VOUWD H\roseLF Coo'. AX t too' "iMi e EVENING STANDARD CO. LTD.. I*2-I»tc 9eoS
      26 words
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  • Article
    Lock icon Economists raise growth forecasts for Japan
    411 30 Reuter SEVERAL of Japan's most prestigious private research institutes have raised their forecasts for Japan's economic growth in the year ending March 31, 1991. The revisions are a result of strong demand for Japanese products in Japan and abroad, as well as recent falls
    Reuter  -  411 words
  • Article, Illustration
    Lock icon Jiang promises quicker economic reform
    239 30 Reuter CHINA'S Communist Party chief vowed to accelerate the pace of economic reform during a tour of the prosperous southern Chinese province of Guangdong, the China News Service (CNS) said yesterday. "We will not only carry on the reform and open-door policies... but move one
    Reuter  -  239 words
  • Article
    Lock icon Taipei trade team leaves for Beijing
    181 30 AFP A 100-MEMBER delegation led by Taiwan legislator Chang Shih-liang left yesterday for a seminar with officials in Beijing to boost economic and industrial ties across the Taiwan strait, an assistant to Mr Chang said. The delegates, mostly representatives from private Taiwan enterprises, will
    AFP  -  181 words
  • Article
    Lock icon UK rejects Marshall Plan for E Europe
    181 30 Reuter BRITAIN does not favour a western-government aid effort to rebuild Eastern Europe on the lines of the US Marshall Plan for Western Europe after World War Two, Junior Trade and Industry Minister John Redwood has said. The newly democratic East European countries
    Reuter  -  181 words
  • Article
    Lock icon Tokyo not resuming China loan despite dissidents' release
    318 30 Reuter JAPAN said yesterday it would not resume payment of China's biggest cheap credit programme despite the release of the country's top dissident. Fang Lizhi and his wife arrived late on Monday night in Britain, after being allowed to leave Beijing where
    Reuter  -  318 words
  • Article
    Hotel Plaza eyeing Philippine hotel and Thai Embassy site
    570 30  -  By Lim Mui Khi HOTEL PLAZA Ltd, which said recently it was interested in a third hotel, has identified two possible hotel projects, both in the five-star category. Sources said the company is considering bidding for the Westin Philippine Plaza Hotel
    570 words
  • Article, Illustration
    Textile merchant arrested by CID
    132 30 THE ClD's Commercial Crime Division yesterday confirmed that a textile merchant was arrested two weeks ago at his home in Telok Kurau and is now helping police with investigations into a commercial crime case. Jarmal Singh, head of the ClD's Commercial Crime Division, added that
    132 words
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      112 30 iRNS' PYE2 and lifting urea to Softer feel on Color-Coded mmm? i New clubhead irons weighting /LWms Jj 'EB Lunch or Dinner a Village MM Atmospheric Restaurant, IV 11 wfl H| of the very few in Singapore! a m H| H We serve the best under one ill roof, Singapore,
      112 words
    • Advertisement
      Page 30 Advertisements Column 2
      10 30 EC to explore aid ideas for Soviet economy, Pg 10
      10 words
    • Advertisement
      Page 30 Advertisements Column 3
      98 30 M I 'A m Incorporates heel and toe weighting B to produce overapin J. Tor truer role. -^SR^pingiA PUTTERS Marine Desaltor 1 MEETING YOUR DRINKING WATER REQUIREMENTS:- ON YOUR LEISURE BOATS FISHING BOATS WORK BOATS TUGS, ETC BY CONVERTING SEA WATER INTO FRESH WATER ■jJJJI.IIJJ.UIMJJI Super small Light weight Handy
      98 words
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  • Shipping Times
    • Article, Illustration
      NOS expects to manage 30 ships by 1992
      468 31  -  By Dexter Lee SINGAPORE-BASED Nordic Oriental Shipmanagement (NOS) has projected a near doubling of its managed fleet by 1992, following the buyout of minority shareholder Sven Salen AB by a Swedish company late last year. NOS general manager Kjell Sundberg told Shipping
      468 words
    • Article
      HK pressing ahead with legislation for independent shipping register
      424 31 DESPITE the controversy surrounding shipowner charges, the Hongkong government is pressing ahead with legislation for an independent shipping register, the South China Morning Post reported last Saturday. The Merchant Shipping (Registration) Bill 1990, which lays out the legal framework for the
      424 words
    • Article, Illustration
      Far East Bank to lend money to shipping industry
      313 31  -  From Al O Labita IN MANILA FAR EAST Bank and Trust Co (FEBTC), one of the Philippines' largest banks, has joined a growing list of financial institutions lending money to the shipping industry. In a statement, FEBTC said that last year
      313 words
    • Article
      Accusations may affect PAL's privatisation
      248 31 SENIOR executives of stateowned Philippine Airlines (PAL) said accusations against 22 of its officials had damaged the company's reputation and could affect the airline's privatisation plan. Solicitor-general Francisco Chavez said last week that 22 people "in the uppermost level of PAL management' were involved in
      248 words
    • Article
      Lock icon Asian airlines expand in wake of travel boom
      376 31 Reuter ASIAN AIRLINES are scurrying to take advantage of a travel boom in Asia, ordering billions of dollars worth of advanced aircraft which they hope will help maintain their share in a market where they face growing competition from giant US and
      Reuter  -  376 words
    • Article
      More JAL KL-Tokyo freighter services unlikely before 1992
      273 31  -  By Othman Abu Bakar JAPAN AIRLINES (JAL), which recorded a full load factor for its Kuala LumpurTokyo freighter service last year, will have to wait until 1992 before mounting additional services due to a worldwide short supply of freighter planes. JAL's 10
      273 words
    • NEWS SUMMARY
      • Article
        Fighting for a place in the courier market
        50 31 COMPANIES are fighting for places in a courier and express market that is expanding rapidly. This is expected to lead to a rationalisation in the 1990s which will concentrate business among a few global players. But will the mergers pay? Page 2
        50 words
      • Article
        TWA to embark on a downsizing plan
        44 31 TRANS WORLD Airlines Inc chairman Carl Icahn said he will eliminate service to seven cities and sell or mothball IS aircraft by October under an aggressive downsizing plan aimed at returning the carrier to profitability Back Page
        44 words
      • Article
        US box traffic growing at a healthy pace
        33 31 FIRST QUARTER results in the US container trades show traffic growing at a healthy pace, despite concerns about overcapacity and dangerously low rates Back Page
        33 words
      • Article
        EC to order BAe to repay £44m
        34 31 THE European Community will order British Aerospace pic (BAe) to repay at least £44 million of hidden government aid received when it bought Rover Group Back Page
        34 words
      • Article
        Tanker fire in North Sea mishap
        30 31 THREE people were killed when explosions and fire rocked a British tanker loaded with 70,000 tonnes of oil in the North Sea Back Page
        30 words
    • LOG BOOK
      • Article
        British Columbia plans third west coast port
        92 32 BRITISH COLUMBIA IS LOOKING into building a third commercial seaport for Canada's west coast. Northern Development Minister Dave Parker said the port would be "a full-service marine terminal" capable of handling container ships, barges, ferries and cruise ships in Kitimat Harbour, nearly 500
        92 words
      • Article
        Consolidated, H and M deal
        62 32 CONSOLIDATED RAIL CORP has signed a long-term contract with H and M International Transportation Co to operate its major double-stack intermodal terminal serving the New York-New Jersey Metropolitan area. The company said H and M would.also operate the facility's Container Freight Station and bonded US
        62 words
      • Article
        Airlines to match fare cuts
        70 32 AMR CORP, NWA INC AND TWA INC said their airlines will match fare cuts introduced by Continental Airlines Holdings Inc's Continental Airlines unit for the July 4 holiday week. Spokesmen for AMR, the parent of American Airlines, and for Northwest said they will match the
        70 words
    • Article, Illustration
      Lock icon Players jostle for position
      1113 32  -  Companies are fighting for places in a courier and express market that is expanding rapidly. This is expected to lead to a rationalisation in the 1990s which will concentrate business among a few global players. But will the mergers pay? Paul Abrahams poses this question in
      FT  -  1,113 words
    • Article
      Lock icon WEEKLY FREIGHTS
      650 32 AFP A SHARP downturn in rates during the usually firm northern hemisphere spring has run into a stronger-than-usual summer slide, brokers noted here this past week. As the summer equinox came and went, the Baltic International Freight Futures (Biffex)'s Baltic Freight Index (BFI) lost 67 points last week,
      AFP  -  650 words
    • Article
      THE SHIPPING GUIDE
      12592 40 This is a list of ships loading at Singapore for ports around j the world. It tabulates, by destination, the name of the ship, the shipping line in- j volved and the estimated dates of arrival and departure j from the Port of Singapore. Advanced dates are
      12,592 words
    • SHIPS IN PORT
      • Article
        DAILY FREIGHTS
        1155 47 DRY CARGO freights continued their slow decline in the traditional summer downturn, with the Baltic Freight Index (BFI) marked down four points to 1,148 points at midday. The lower BFI stemmed largely from the reduction in two key contributary grain routes in the underlying sub index US Gulf
        1,155 words
      • Article
        AT CONVENTIONAL WHARVES
        596 47 VhmI toy Hi Berth frmal Pepartae Kappd Wharves C R Douaia 28 W C09 aiongside 26.06/1200 Edo Mm 1 K17 alongside 26.06/2300 Kota Tmur [856 K31 alongside 27 06/0600 Kota Wangi E 857 K32 alongside 3006/0600 New Utopia 09/90 (P) K29 alongside 01.07/2300 Proa 21 K34 alongside
        596 words
      • Article
        CONTAINER SCHEDULE
        1353 47 RECEIVING Of EXPORT Ftt CONTAINERS AND La CARGO Traretarer Schedules Shi) Voy No Air Date fine From To Bookini Gate Bk Op Gdn to ladt IA 2706.90 1900 27/0800 27/0859 Tlx/fax 1 fl 00 F05 Aka Bhum 26S 29.06.90 0700 27/1945 27/2044 Portnet 1 C2 00 F05 28/0500
        1,353 words
      • Article
        IN MALAYSIAN PORTS
        299 47 Port King South Port on Jim 26: Tomoe 98 berth 1; Stolt Span berth 2; Alam Aman berth 3; Kris Madura berth 4; Melaka Jaya berth 7; Swee Long Satu berth 7A, Southern Cross berth Jetty She* KCT: Ragna berth 8; Mae nam Bridge berth 9; Bunga
        299 words
    • Article
      Lock icon TWA embarks on downsizing plan to restore profitability
      441 48 Reuter TRANS WORLD Airlines Inc Chairman Carl Icahn said he will eliminate service to seven cities and sell or mothball 15 aircraft by October under an aggressive downsizing plan aimed at returning the carrier to profitability. Three of the airports to be
      Reuter  -  441 words
    • Article
      Lock icon Seabox bid rejected
      90 48 Reuter THE BOARD of the Isle of Man Steam Packet Co pic recommends that its stockholders take no action over the 115p a share cash bid by a unit of Sea Containers Ltd, stockbrokers Baring Brothers said. lOMSPC Chairman Norman Corlett said: "Stockholders should have no hesitation
      Reuter  -  90 words
    • Article
      Lock icon EC to order British Aerospace to repay £44m of hidden government aid
      360 48 Reuter THE EUROPEAN Community will today order British Aerospace pic (BAe) to repay at least £44 million (US$76 million) of hidden government aid received when it bought carmaker Rover Group, European Commission sources said. The sources said on
      Reuter  -  360 words
    • Article
      Lock icon Tanker fire in North Sea mishap doused
      211 48 Reuter THREE PEOPLE were killed when explosions and fire rocked a British tanker owned by Royal Dutch/Shell's Shell UK loaded with 70,000 tonnes of oil in the North Sea off Norway. Firefighters doused the blaze early on Tuesday and no oil has apparently
      Reuter  -  211 words
    • Article
      Lock icon US container traffic growing at healthy pace
      243 48 Seatrade Week FIRST QUARTER results in the US container trades show traffic growing at a healthy pace, despite concerns about overcapacity and dangerously low rates. According to data compiled by the Port Import/Export Reporting Service, the top 100 lines serving US ports hauled
      Seatrade Week  -  243 words
    • Article
      Lock icon Exxon oil spill trial set for April 1991
      130 48 Reuter THE CRIMINAL TRIAL of Exxon Corp stemming from the oil spill in Alaska's Prince William Sound last year has been set to start on April 10, 1991, a clerk at the US district court in Anchorage said. The trial was originally
      Reuter  -  130 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      353 31 I VTTTI UNITED ElilS LEASING* SEtVKIS PTC LTD Call Te1:471 3033 SIB CON' 9 0 13 &14 September 1990 World Trade Centre Singapore International Bunker Trade: Price vs Services Singapore is once again hosting the 3rd Singapore International Bunkering Conference (SIBCON '90), following the overwhelming support for the previous events
      353 words
    • Advertisement
      Page 31 Advertisements Column 2
      28 31 Container Schedule 17 (My treats 17 Index to Advertisers 3 Shppmg Gwde 10.11 Ships n Port 17 Singapore Ides 17 Weather and Sea Conditions 17 WeeWy tre«hb 2
      28 words
Page thumbnail Page 32
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      408 32 FOR HI-SPEED PASSENGER CATAMARANS We have a number of used vessels for immediate delivery; details:58* 20 kts 2xPerkins 100 pax. 100. AUO 420,000 108'28 lets 2xMWM 450 pax. AUD 2,250,000 60* 24 kts 2xGMIOO pax. AUD 425,000 98 1 31 kts 2xMWM 400 pax. AUD 3,300,000 65" 21 kts M.A.
      408 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      2137 33 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12-05 Southpoint. Singapore 0208 Wmw&w Tel 221 SOU TELEX NO RS ***** WTtllim TERMINATES T«H *****11 220 PWKAJ *1 BOOKINGS T«< *****34 23S L VW# A PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: ***** It TELEX NO MA*****/MA***** p( NAN6 (***** TELEX
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      Page 33 Advertisements Column 2
      1192 33 INDEX TOfIDVERTISERS I X ~~1 I ~~1 f Mac-Neb Agencies 14 1/2 ABCC«x«a.nerli.K 13 I Macol.ne 18 2/3 Accord Shpg 8 1-3 Madju Sdn Bhd 16 1/2 Maersk Line 3 4/5 fred^° epfa \l < Ma.nfrt.ght 15 4 Ahrenkiel Liner 16 5 APC Line 14 4 •MjSC 14 -3 APL
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      Page 33 Advertisements Column 3
      2338 33 Vmh< Voy ETA I ETO 'Port 'Panang DESTINATIONS 1 Singapore Kalang TMa mmk Uarchan M Cto«tng Tkna Faabar by BEE Of in 0400 MRS M Farca ft IV Hi MHI CFS 2/7 1000 HRS U Tauro OAK LOB MOU MEM ATV MIA CHS BAL PML NYC MOM TO* MARC MEN
      2,338 words
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      Page 34 Advertisements Column 1
      1070 34 ROTTERDAM/ VOY NO S PORE P. KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE MONTE ROSA 06/574 2*7 18/7 20/7 18/7 23/7 LONOON EXPRESS 12/578 30/8 18/7 20/7 23/7 HONGKONG EXPRESS 95/577 8/7 1/8 28/7 28/7 25/7 31/7 LIVERPOOL BAY 99/581 8/7 25/7 27/7 30/7 KASUGA 10/580 12/7 8/8 31/7 2/8
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      Page 34 Advertisements Column 2
      576 34 W^L SIN SUV PPT CAPE MALEAS 27/6 14/7 21/7 Also accepting cargo to Lautoka via Suva DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 27/6 6/8 7/8 11/8 Also accepting Cargo to Callao (Peru) via Valpa tssa^^ss 6 NORTHBOUND TO UKC IS PORE I RDM/A DAM HBG HULL(U.K.) FORTHBANK
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      Page 34 Advertisements Column 3
      1543 34 QJ roBASKA sm s REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LHA I JJA MA MA NORASIA AL-MUNTAZAH 9017-3 01V07 2W 27/07 29/07 3O0? 31/07 01/08 02/01 I NORASIA SAMANTHA 9011-3 06/07 10/07 27/07 29/07 01/08 03*08 04/08 05/08
      1,543 words
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      Page 35 Advertisements Column 1
      1709 35 £jgSteamers Maritime Holdings Ltd MS™a.TS^H.^G Containers MJW i gaiaßßMMnaEHgnmimMM ACCEPTS DUE SAILS V* No P KIMI S port S ton H bur t Kannß d*«i Ltd WX.TE ROSA 00.V4 111-80 am am 1707 1907 1107 22*7 tfNOON EXP 12/379 <-118-250 &07 1907 71/07 2907 MERCURY PEARL VOK Kuch, lint, Miri
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      Page 35 Advertisements Column 2
      1692 35 TQ: EUROPE TO: FAR EAST SP LN ROM HAM B'HVN FIX SPORE HK RAO KOB BU NANiIN ROTTERDAM 009W 30/ i I*7 I*7 2*7 22/7 23/7 HANJIN FELIXSTOW COSC 2/7 *7 *7 *7 12/7 CMOYANC CHANCE 04M 7/7 2*7 2*7 27/7 2*7 3*7 CHOYANC PARK 00K *7 12/7 13/7 I*7
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      Page 35 Advertisements Column 3
      366 35 WY^MUigAUdMMMMjmmmtmgggm^ 7 ■|HBH||HHH||||l^^H/ STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO Si HEAVY LIFTS ~.j VESSEL COSMIC CHAMPION YOUNG PIONEER TRADER SOLDIER i i VOY NO. S 10 7 Sport 30/6 14/7 14/7 P. Kelang 3/7 Penang Hong Kong J Yokohama 23/7 ,Q Nagoya 20/7 Osaka Scnboku Kashima Hochiminh 'For Discharging
      366 words
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      Page 36 Advertisements Column 1
      571 36 m Wk tunl TUMDU tim CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY S PORE R OAM/ H'BURG BREMEN ANTWERP i FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO 9ub)act to taucamant AMo aocapflng cargo to Caaafctanca, Port Said, Port Atuandrto, Genoa, Trteeto. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TO UK
      571 words
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      Page 36 Advertisements Column 2
      773 36 (ft HANJIN SHIPPING yy «r FULL CONTAINER SERVICE I S'pora I LaMavra R dam H'burg B'haven Fitem FEEDER VSL SIN LINE HAUL LAX OAK HANJIN ROTTERDAM OOMT I 30/6 I 11/7 19/7 20/7 22/7 23/7 HANJIN FELIXSTOWE OKE 2/7 H CHEJU «2E 27/7 29/7 CHOYANC CHANCE 04M I 7/7 I
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      Page 36 Advertisements Column 3
      1459 36 IPKL SCP HKG KSC KLG PUS HKT OSK TYO BAL LHV ANW ROOI FIX NBG MP I mo ex ace v 7 v? 12/7 io 14/7 17/7 I*7 21/7 24/7 21* 3*o 31* i* 2/1 4* 27* EVER GLEAMY 7/7 12/7 13/7 24/7 M/ 7 27/7 si 1 Sfl 0*
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      Page 37 Advertisements Column 1
      1663 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 V AUST/INDIA/PAK SERVICE *****18 USA SERVICE *****16 9V FAR EAST SERVICE *****48 DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 NEPLINE SDN BHD MALAYSIA EXPORT: *****53/*****04 K.L.-*****33, P.Keiang *****87, Penang-*****0, J.Bahru-*****3, *****4 FROM EUROPE/ UK
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      Page 37 Advertisements Column 2
      1203 37 m sinsov 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 DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VESSELS VOYAGE Iswx |MANILA HAONS VOYACf SWH KLAJK NWM SHAVE* TNJUItT HOTT ANTWERP K. KANEVSKIY 14ES0 SU
      1,203 words
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      Page 38 Advertisements Column 1
      1270 38 Wy A\> IV V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 \H—M J M MALAYSIA HARPER WIRA SON BHO TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. X ES,A P S UTI TE US Ta
      1,270 words
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      Page 38 Advertisements Column 2
      136 38 Continental Pacific snipping jy TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR MARYII SM Sid RDM/ANT/FLU/UK CRYSTAL B Sid SETE/RDM/ANT/FLU/UK SHIBUMI lU 11/7 NTS/ROM/ANT/FLU/UK ANTONIS PLEMOS IS/7 SETE/ROM/ANT/FLU/UK Loads Sabah/Indonesia MULTIPORT AGENCIES (S) /0\ PTE. LTD. I I TEL: *****77 FAX: *****31 f P.K. MULTIPORT SDK BHD.
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      Page 38 Advertisements Column 3
      137 38 REGULAR CONVENTIONAL SERVICES tS'pore P Ketone loading tor 1 PAN GLORIA Ski In Pt Antw/Rdm/UK'Nantes I KALLIOPI L 5/7 J/7 Antw/Rdm/UK, Nantes. I SAMMI MANNA 25/7 21/7 Antw/Rdm/UK/Nantes I KYRENIA 28/7 24/7 Antw/Rdm/UK/Nantes J I S pore Loading for I I PAN RISER 1/7 Dubai/DaTiman/Umm Qssr I I SWAN 3/7
      137 words
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      Page 38 Advertisements Column 4
      1126 38 PHILI-ORIENT LINES PTE LTD (TheCompleteNVOCC Package) 7. member of SF FA 4 JULY MONTREAL OTTAWA, TORONTO, VANCOUVER, S"WESTERN ONTARIO. FCL LCL SERVICE CHARLESTON, CHICAGO, I 30 JUNE DUBAI, DAMMAN, KUWAIT, DOHA, LONDON, THUNDER BAY, WINNIPEG, MUSCAT, BAHRAIN, ABU DHABI, REGINA, SASKATOON, 8 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, v KAMLOOPS, VERNON
      1,126 words
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      Page 39 Advertisements Column 1
      1654 39 PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSbV f|i PIL Building, 140 Cecil Street #0300, Singapore 0106. IJAKARTA T "BANGKOK l L Y ZL J l\ VEMeL vov S,N u *5 22 KOTA JADE OSN 30/6 3/7 7/7 L T A *1 W PEGASUS PROGRESS S23N MM V 7 7n "*2 52
      1,654 words
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      Page 39 Advertisements Column 2
      731 39 r BEN LINE CONTAINERS LTD y 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL ~VQY f" SPORE "TKLANG SHAMPTON HAMBURG ~B HAVEN R DAM L HAVRE Monte Rosa' 08/574 2876 23/7 17/7 19/7 16/7 22/7 London Express 12/578 1/7 Via Lib 18/7
      731 words
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      Page 39 Advertisements Column 3
      49 39 ASIAN HOPE 04S m wraiv rot fcl ii/i, n/i n/i, 27/t LCL 27/1 HONG KONG 5/7 APIA (WESTERN SAMOA) 1/8 PAGO PAGO (AMERICAN SAMOA) 2/8 PAPEETE (TAHITI) 6/8 RAROTONGA (COOK ISLANDS) 8/8 NUKUALOFA (TONGA) 13/8 SAVU SAVU (FIJI) 15/8 HISBEN LINE AGENCIES (S) PTE LTD TEL: *****22 FAX *****63
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      Page 39 Advertisements Column 4
      269 39 MYANMA H FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen Bkofc HAKHA V4OIW 21/30 JUN PATHEIN VIQ3 29/2 JUt PACAN VIM 4/7 JUL PINYA VIIOW 7/7 JUL HPA-AN VIS2W 12/15 JUt THE BANK UNE (A service o< Andrew We If Shipping) SEMI-CONTAINER SERVICE Y4 HEAVY
      269 words
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      Page 42 Advertisements Column 1
      699 42 aausK-i 'nfs» > INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FIX BRV ROM ANT HBG RST E THAELMANN 4/» 4/7 2111 2W 30/7 ATLANTIC SEN WFO» 10/7 2/1 3/1 4/1 M PUCK MO 11/7 U/T lilt PARIS SEN WFO2I 24/7 11/* 17/1
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      Page 42 Advertisements Column 2
      1501 42 UKC CONYINHOMti —via P. KLG PMC P. 6. Loading far A VESSEL 20/8 RottardimJAntwerp CHINA ruu. COKTAIMKM WKVICK Vms*l PKL PNG SPORE BKK HKG SHA QIN LVG SHANG CHENG lit 21/5 23,5 Vli 4/t lli TANG FANC KOU 129 31/5 »/S 4* 12* 1M 2M Accepting FCL Cjrfo for *11
      1,501 words
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      Page 42 Advertisements Column 3
      226 42 I S'W« PKL PNC MKC INC BSD BUSAN GLORY VHI 2 in) 1 M 7 iyl U M 14 M SINGAPORE GLORY VOO6 I Jul 17 M U M MALAYSIA GLORY V00t... U Jul t Jyl M Jul 21 Jul 22 Jul HAIYINGVW 14 Jul U Jul 25 Jul 27
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      Page 42 Advertisements Column 4
      1135 42 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel *****80) vpaa wi vmhhm mmm ■AHA ■MUM# 15N gj In Pt Sat gfi MEKHANIK KURAKO 15N Thur gg Sf 1# SHI BHUM# 453N Fri gg V PIYA BHUM > 231N Sun 1/7 Wed 4/7 MAMA BHUM# ltN KM 4/7 St 7/7
      1,135 words
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      Page 43 Advertisements Column 1
      367 43 9T9HI^^ CALCUTTA DIRECT SIN CAL TIGER RIVER 96CNB 28/6 5/7 SUSAK 97 CNB 6/7 13/7 TIGER RIVER 98 CNB 14/7 21/7 SUSAK 99 CNB 22/7 29/7 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALLOI 15/7 CTG, MONGLA ETA S PORE LOADING FOR MV ALRA2I 18/7 Ummqasr/Baghdad/Basrah !3a TICCR-IK I
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      Page 43 Advertisements Column 2
      525 43 Sfl RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Linos) rr) FAX: *****15/*****03 fTI TELEX: RS ***** RISHIP (3 Linos) I ETHIOPIAN SHIPPING LINES V (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOAOtNO FOR SPOHE ABYOT 21WB IN PT OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
      525 words
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      Page 43 Advertisements Column 3
      674 43 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS Of S PORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG > AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT
      674 words
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      Page 43 Advertisements Column 4
      1343 43 CRYSTAL FREIGHT <CT5> SERVICES PTE LTD v TEL: *****88/*****22 OM CMMUMTIM KUVKE Tk FAR EAST PORT KELANG 29/6 6/7 MANILA 1/7 8/7 PENANG 29/6 6/7 BUSAN 29/6 6/7 BANGKOK 29/6 3/7 TOKYO 5/7 12/7 HONG KONG 29/6 3/7 YOKOHAMA 5/7 A 12/7 KAOHSIUNG 1/7 8/7 KOBE 5/7 12/7 KEELUNG 1/7
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      Page 43 Advertisements Column 5
      139 43 TO AUSTRALIA/NEW ZEALAND Wl [TrwwMX [A*H»K[Pi«M— I MO CMC 2SB M W Uff W W M MUSKI 2S *7 w M i» I'* C VE*OUK KJ M tM HA M 5» V» ANHKRPfN n* nji 2M S m uH u5 IS DATS TO MELBOURNE! TO USA/CANADA vsi I" on— |ciwi«rt«i»
      139 words
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      Page 44 Advertisements Column 1
      1093 44 MAC-NELS TEL: *****22 import TEL *****02 TEL: (04) *****6 TEL: (008) *****0 TAWAU TEL: (069) *****9 1 KELANG TEL: (03) *****77 INCHING 1 TEL: (082) *****3 SKAN TEL: (089) *****2 -K=/\" J BAHHU TEL: (07) *****2 fSIBU TEL: (084) *****2 LABUAN TEL: (087) *****91 v— lvy Djakarta tel (21) *****7
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      Page 44 Advertisements Column 2
      387 44 ffofc 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 N PIT AUCK LYT PROSPECT 07S 29 Jun 14 Jul Via NPL 1(
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      Page 44 Advertisements Column 3
      847 44 251 THONG SOON LINES PTE. LTD. I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH VUSEL I*IT lETD OEJT VESSEL VtT ETI JBT KIM SOON LI 26/90E 30 JUN
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      Page 44 Advertisements Column 4
      310 44 JponpaaHppßK ftlilißilliiMTOJ IRANIAN SERVICE I Singapore loading for:- I IRAN TEYFOURI 27 JUNE Bandar Abbas 1 IRAN EKRAM MIO JULY Bandar Abba* (NaUwal Um If Maries) HX WEST CSAST/MDOCO/COITML AMERICA CONTAINS SStVICf HftC LB CNSENADA L CAftKNAS S.CHUZ ■AN2ANIU.O wmios mu n* nn wi nu an 1* Alto accepting to
      310 words
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      Page 45 Advertisements Column 1
      742 45 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore KAMALEVERETT 11/12 Jul 13/14 Jul THOMASEVERETT 26/27 Jul SHAPLAEVERETT 12/13 Aug 14/15 Aug WSY"EVERETT ORIENT LINE" JAPAN/BAY OF
      742 words
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      Page 45 Advertisements Column 2
      653 45 FULL CONTAINER SERVICE icceptine FCL/ICL eerfees to USA East t West Coast, Carribbean.Ejit Canada. HAITI Guatemala and Honduras I VSL [S'POUe [MAINLIMEW [LAX |KST |SAV [NYC |WfX ZIM SINGAPORE 2/7 2* SAVANNAH W7 M ttl/» 13* |}V» A VESSEL 7/7 2M SAVANNAH 30/7 I l/l Ul/I U/l UM LEEWARD 15/7
      653 words
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      Page 45 Advertisements Column 3
      696 45 WSING KWANG HANG wema a jrr«) ltd WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 29/6 2/7 JENWEL iff I I 6/7 VESSEL SPORE BANGKOK A VESSEL 29/6 1/7 A VESSEL 1 1/7 I 3/7 DESTINATIONS ETA SINGAPORE PORT KELANG 30 JUNE MANILA 30 JUNE HONG KONG. ALL CHINA
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      Page 45 Advertisements Column 4
      498 45 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SPORE JKT S'BAYA PRASE TIA 105 A In PI 30/6 PELOPOfI 948 30/6 3/7 TANTO SEJATI 01 4/7 7/7 PELOPOR 949 7/7 10/7 TANTO UTAMA 86 30/6 3/7 TANTO UTAMA 07 7/7 10/7 TANTO UTAMA 89 14/7
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      Page 45 Advertisements Column 5
      458 45 —r-i e! :> SIN FAi EAST 1/7 KEELUNG/KAOHSIUN6 30/6 BANGKOK 30/6 MANILA/CEBU 30/6 JAKARTA/BELAWAN/SURABAYA 29/6 PORT KELANG/PENANG/E. Malaysia' v 29/6 BUSAN 30/6 TOKYO/YOKO/KOBE/NGO/OSA 2/7 HONG KONG also accepting cargo to Hua-gpj Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EUROPE/UK 27/6 LDN/FLX/LVP/SOU J 27/6 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 25/6
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      Page 46 Advertisements Column 1
      446 46 PLATOU PACIFIC yyt I SHIPPING SERVICES V REGULAR PAR EAST N. AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE FAX: 22*2659 HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 27/07 JAKARTA 29/07 SURABAYA 01/08 LOS ANGELES 22/07 03/09 OAKLAND 27/07 09/09 VANCOUVER B.C. 30/07 13/09 General Agents: ANGLO FRENCH
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      Page 46 Advertisements Column 2
      655 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B.M.T V.IICW9O 5/7/90 26/7/90 27/7/90 2/8/90 I.Y V.ll-90W 7/7/90 1/8/90 23/7/90 27/7/90 K.V.U V.12CW90 18/7/90 8/8/90 9/8/90 14/8/90 Y.M V.12-90W 24/7/90 17/8/90 8/8/90 12/8/90 A.N V.13-90W 29/7/90 23/8/90 14/8/90 18/8/90 MB V.13CW90 31/7/90 21/8/90 22/8/90 27/8/90 B.A
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      Page 46 Advertisements Column 3
      491 46 <EF OCERnSERVICE r LCL/FCL SERVICE TO/FROM MSg Ommnt Aewits: a/) PENANG KL: allied LINK SINGAPORE: /fT^X £Q& 0+*****2 *****8055 778 6522(22 lines) SH& \T MartM One tan CMn AKo.VnMm.Tw PORT ETA S'PORE Bombay 30/6 2/7 Calcutta 28/6 4/7 Chittagong 28/6 3/7 Colombo 29/6 6/7 Karachi 30/6 2/7 Madras 3/7 9/7
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      Page 47 Miscellaneous Column 1
      437 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 00M 0100 0200 0300 MOO 5500 0600 B7W MOO ******************************00 ***** IN ISM 2IM 21M 2201 23M JR 2.7 3.1 3.2 3.0 26 2.0 1.3 0.9 0.5 0.4 0.4 0.7 1.3 1.8 U 2.4 U 2.1 1.6 12 1.0 1.0 12
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      Page 48 Advertisements Column 1
      340 48 LIQUID CARGO PROBLEM? NEED PUMPS AND SUPPORT SERVICES? Read the advertisement on the right! PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 02/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN
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      Page 48 Advertisements Column 2
      496 48 /HYUNDAI MERCHANT MARINE CO- LTD. TO PSW SIN HKG LBH OAK SEA FROM PSW LBH OAK SEA HKG SIN HYUNDAI COMMANDER 18E 30/06 05/07 23/07 26/07 29/07 HYUNDAI INNOVATOR 32W 28/05 31/05 03/06 21/06 28/06 HYUNDAI PIONEER 33E 07/07 12/07 30/07 02/08 05/08 HYUNOAI EXPLORER 31# 04/06 07/06 10/06 28/06
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      Page 48 Advertisements Column 3
      138 48 mwtm bintang mas shipping pte. lto. Tel *****16/*****73 Til US 422* SINMER Far 725 /5*4 ■aj Depot Tel *****71 S port Agents: STRAITS SHIPPING PTE LTD Tel *****18 Tli *S ***** Far 225 0117 PC Agent* KRIS PAHLAWAN SON BHD Tel: 07 SUW/I TLX: MAM 676 Fai #7 514*47 TO
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      Page 48 Advertisements Column 4
      556 48 Call *****58 or Fax *****82 SINGA PUMP SERVICES PTE LTD RENTAL AMD SUPPPORT SER .'ICE^ P ir~ T He H. T.- EMERGENCY RESPONSE SERVICES FOR lAC KLIN AN, LIQUID CARGO PROBLEM Hg r Trars'c P„~p -g Re j C ccr TXPORTTO: UK/CONTINENT (TRIO) Hjmfcurf to Cm»nMg»n Aarhut Gattwflkurf, Mamo SwtHwli
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