The Business Times, 6 July 1990

Microfilm: NL17036
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday July 6 1990 75*
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  • NEWS SUMMARY
    • Article
      KLSE tightens listing rules
      102 1 THE KUALA LUMPUR Stock Exchange yesterday amended listing rules for stockbroking companies wishing to go public in a move analysts say will ensure the companies stay in professional hands. KLSE executive chairman Nik Mohamad Din Yusoff said that a new rule required broking houses seeking public
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    • Article
      Priority markets
      29 1 WHILE the British government still considers Singapore, Thailand, Indonesia and Malaysia as 'priority markets', it will not bribe or induce its companies to move overseas. Page 2
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    • Article
      Garuda to Beijing
      26 1 GARUDA INDONESIA plans to start air services to Beijing in August when China and Indonesia restore diplomatic relations after 23 years. Page 7
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    • Article
      Aid for Europe
      53 1 THE EMERGING East European democracies of Czechoslovakia, Bulgaria, Yugoslavia and East Germany will also benefit from the economic aid programme currently enjoyed by Poland and Hungary, foreign ministers from 24 leading industrial nations agreed Page 9 THE PARTY'S OVER 10 THE STATELESS CORPORATION 11 UNTYING THE KNOT
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    • Article
      Worse prose
      31 1 THE SCARY THING is not that Scott Rice runs a contest for the best example of bad writing, but that 10,000 people around the world submitted entries Page 15
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    • Article
      CSX's direct presence
      42 1 CSX Corp, one of the largest inter-modal transportation operators in the US, may be setting up its own operations in the Far East following a series of successful cooperative agreements in the Soviet Union recently. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      31 1 THE US stock market declined broadly yesterday morning. The Dow Jones average of 30 industrials fell 17.57 to 2,894.06 at 10.30 am EDT (1430 GMT) in the first hour.
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    • Article
      Footsie lower
      39 1 LONDON share prices were lower at midday yesterda>. At about 12.15 pm (1115 GMT), the Financial Times-Stock Exchange 100-share index was down 11.8 points, or 0.5 per cent, at 2,343.7. Volume was 240.3 million shares at midday.
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    • Article
      Basir behind Roxy
      51 1 Prominent bumiputra businessman Tan Sri Basir Ismail said to be the major player behind Roxy Electric Industries, a company in which Mr Oei Hong Loeng of UIC has a substantial stake, per cent growth in group post-tax profit to $8.66 million for the current financial year Page
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    • Article
      Slowdown at Isetan
      27 1 JAPANESE retailer Isetan is experiencing a slowing down in earnings gauging from its results for the 16 months to March 30, 1990 Page 3
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    • Article
      Tokyo banks dominate
      17 1 Seven of the world's 10 largest banks last year were from Japan Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Thursday Change BT-MGA 797.01 +2.22 Kuala Lumpur ....592.98 +6.59 Hongkong 3,356.44 -7.05 Tokyo 32,351.67 -94.25 Sydney 1,558.1 +18.7 Wednesday Change New York Closed London 2355.50 -16.2
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SSI.8310 Yen SSI.2134 MS SS0.6764 Money market rates Overnight 7 -3/8 3-month 7 11/16% +2/16
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    • Article
      COMMODITIES
      37 1 London Gold PM fix US$359.70 -US$2.80 Rubber S'pore Aug... 157.50*/kg -0.25 M'sia Aug M233.00 */kg unch KL Tin Turnover 72 tonnes +16 Spot M$ 16.04/kg -I Crude palm oil Turnover 373 lots -446 Jul M$677/tonne -3
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  • Article, Illustration
    Straits Trading may lose $30m in land acquisition
    459 1  -  Govt compensation to be pegged at 1986 prices By Lilian Ang CASH-RICH Straits Trading group stands to lose over $30 million if the government follows through with its intention to acquire the company's land in the Gallop Road area. Based on current
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  • Article
    Lock icon Jakarta approves US$ 4.56b worth of foreign investment
    200 1 AFP THE Indonesian government has approved U554.56 billion of foreign investment in the six months to June, down from US$4.7 billion in the whole of 1989. Sanyoto Sastrowardoyo, chairman of the Investment Coordinating Board, told a press conference in Jakarta yesterday that
    AFP  -  200 words
  • Article
    Tiger Balm takes Jack Chia-MPH to court
    466 1  -  By William Chia HAW PAR Brothers International and its subsidiary Tiger Balm have taken Jack Chia-MPH to court for manufacturing and marketing Golden Lion Shield Balm products and allegedly passing them off as Tiger Balm products. This is the latest indication that all
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  • Article
    Lock icon Miti ponders humanitarian goals for '90s
    133 1 Reuter JAPAN should stop concentrating on money-making in the 1990s and offer more humanitarian contributions to the world. This is the conclusion of a panel of leading academics and industrialists whose report, "International Trade and Industrial Policy in the *****", went to the powerful
    Reuter  -  133 words
  • Article, Illustration
    Keep away from Cambodia, govt reminds investors
    376 1  -  By Lee Han Shih SINGAPORE businessmen, said to be among the active investors in Cambodia, have been asked by the Singapore government to withdraw their investments from the country immediately or face impounding of their passports. In a statement yesterday, the government issued
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      334 1 MMWWHWMHMaHMMV J I OF LONDON I i ihng Instruments I ashion Watches Pocket l ighters Executive (iitt Sets Rmv; Ms Dolly lan for a tree catalogue Unlay. Anton Tan Agencies Pte Ltd Tel 272-1143 fl Focus 12 Money Changer Rates 25 World News 9 Aircraft Schedule 25 Money Market 23
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      Page 1 Advertisements Column 2
      135 1 Have wine collectors had a little too much to drink that m?. $40,000 to build nice cold grapes? Not really, according C jl to several well-heeled and J HHL *1 I 1 well-travelled professionals *Ji who are willing to pay the Personal Finance Where hi h s P irits are
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      Page 1 Advertisements Column 3
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      180 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Clipsal Singapore unveils $4m factory
        59 2 CLIPSAL SINGAPORE, a wholly-owned Australian concern, yesterday unveiled its $4 million factory at Chin Bee Road. The factory, which produces switches and sockets for markets in Indonesia, Sri Lanka, the Middle East and Africa, was officially opened by the Senior Parliamentary Secretary (Communications Information) and
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      • Article
        Number of cars rises by 206
        52 2 THE NUMBER of cars on Singapore's roads rose by just 206 in May, a considerably lower net increase than was seen in May 1989 when 1,415 cars were added. In May this year, a total of 1,933 new cars were registered while 1,727 cars
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      • Article
        Aussie minister tours town
        50 2 THE NEW SOUTH WALES Minister for local government in housing, Mr David Hay, yesterday visited the Potong Pasir Town Council and later toured the constituency. He was received by the chairman of the Town Council, Mr Chiam See Tong, and briefed on its duties and operations.
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      • Article
        Disbursement of Charity Fund
        56 2 A sum of $1,635,471 has been disbursed to 20 welfare organisations by the 25th Anniversary Charity Fund Disbursement Committee. The committee was set up by the Minister for Community Development to distribute money from the Fund to welfare organisations and designated programmes and projects including those
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      • Article
        Bruneian visit
        42 2 BRUNEI'S Permanent Secretary Prime Minister's Office cum Director of Broadcasting and Information, Pehin Udana Khatib Dato Paduka Ustaz Haji Awang Badaruddin Bin Pengarah Haji Othman, will pay a courtesy call on Communications and Informations Minister Dr Yeo Ning Hong today.
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    • Article, Illustration
      Singapore still a priority market: UK minister
      407 2  -  By Yong Pow Ang DESPITE the importance it places on the Single European Market, the British government recently identified Singapore, along with Thailand, Indonesia and Malaysia, as "priority markets", said British Trade Minister Lord David Trefgarne yesterday. At a luncheon talk organised by
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    • Article
      Fourteen Chinatown shophouses attracted more than 70 bids
      317 2  -  By Lilian Ang OVER 70 bids were received for 14 shophouses in the Chinatown conservation area, reflecting the growing interest in restoration projects in the Central Business District. The bidders were mainly a mix of companies with businesses ranging from property development
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    • Article, Illustration
      Excellent Indon-Singapore relations not by chance
      227 2 A CONSCIOUS political decision by the governments of Singapore and Indonesia to cooperate has been the key factor for the excellent state of relations between the two countries, said Foreign Minister Wong Kan Seng yesterday. Both countries, he said, had decided it was to
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    • Article, Illustration
      DBS, Ohbayashi sign contract for 38-storey extension
      175 2 EVEN AS DBS Bank formally signed an agreement with Ohbayashi Corporation for the building of its new extension yesterday, preliminary work was well underway. The new 38-storey extension will stand on the site of the existing low-rise podium in Shenton Way. The latter
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
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      Page 2 Advertisements Column 2
      42 2 For yowr distinguished guest... Wf Wf f AWAMUD* ORIGINAL ITALIAN FURNITURE Plan Singapura t# Orchard Road #04-01 Singapore 0923 Tel 339W33 (Bus.n«. hour* lUm 9mmi World Trade Centre 1 Maritime Square •02-50 Singapore 0409 Tel: *****11 Fax: *****11 (Busnns houn IZnoon Spin)
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Tan Sri Basir acquires 1.4 m shares in Roxy Electric
      526 3 PROMINENT bumiputra businessman Tan Sri Basir Isniail has acquired 1.4 millioit shares in Roxy Electric Industries (M) Bhd in his personal capacity and has just been appointed a director of the company. "We invited him to the board because of
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    • Article, Illustration
      Isetan experiencing slowdown in earnings
      345 3  -  By Conrad Raj JAPANESE retailer Isetan is experiencing a slowing down in earnings, gauging from its results for the 16 months to Mfrch 30, 1990. Its group after-tax profits for the four months to March 30 amounted to only $3.6 million compared with $8.43 million
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    • Article
      Lock icon ROC investigates Sungei Besi's revision of share issue price
      461 3 NST SUNGEI BESI Mines Malaysia Bhd is under investigation by the Registrar of Companies for revising the issue price of its new shares from MS 12 to Ms 4 each in relation to its purchase of a stake in Tradewinds (M)
      NST  -  461 words
    • Article
      i Guthrie GTS should ride out its current troubles
      508 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh A PARTNERSHIP that had appeared promising for Guthrie GTS has just ended, but the effect may be less significant than expected. Mr Low Hua Kin, who had bought into the company a year
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    • Article
      Lock icon CSM appoints ex-Harrods director as its MD
      277 3 NST COLD STORAGE (M) Bhd (CSM) has appointed a former Harrods director and consultant to the helm of the retail group which also operates Jaya supermarket and Guardian Pharmacy. Mr J R Alastair Walker, who is now the managing director of CSM, still
      NST  -  277 words
    • COMPANY BRIEFS
      • Article
        Polytek Wearnes Pty buys company
        57 3 POLYTEK Wearnes Pty Ltd (PWPL), a wholly-owned subsidiary of Polytek Wearnes Holdings Ltd, has acquired an inactive company, Arakellu Pty Ltd, a company incorporated in Australia, for AsBlo. Arakellu has been renamed Polytek Food Equipment Pty Ltd. The company will take over the activities currently
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      • Article
        125,000 FCC shares sold
        39 3 LEE Kim Yew (Pte) Ltd in which Mr Lee Kim Yew has an interest had on June 27 sold 125,000 shares in First Capital Corporation at $1,738 per share for a total consideration of $217,250.
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      • Article
        Sunshine call option lapses
        48 3 SUNSHINE ALLIED Investments Ltd has received an advice from its shareholder Juncrown Ltd that its call option of 2.87 million shares representing 27.78 per cent of Sunshine given to Mr Ishwar Nahappan expired on June 30. Mr Nahappan did not exercise the call option.
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      • Article
        LTAT raises Boustead stake
        71 3 LEMBAGA Tabung Angkatan Tentera (LTAT) acquired another 100,000 shares of 50 sen each in Boustead Holdings Bhd at M 52.85 a share on July 3, Permata Merchant Bank Bhd said. Announcing this in a statement on behalf of LTAT, the bank said the purchase increased LTATs
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      • Article
        Additional Bolton shares
        69 3 BOLTON Properties Bhd's additional 2.284 million Msl shares issued for the special issue of 11.59 million new shares to bumiputra investors at Msl.Bo apiece, will be listed and quoted on the Kuala Lumpur stock market from 10am today. The Kuala Lumpur Stock Exchange said in a circular
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      • Article
        July 9 date for YTL shares
        93 3 YTL Corporation Bhd's additional 24,358,324 shares of 50 sen each arising from the one-for-five rights issue of M$ 1.70 each, will be listed and quoted on the Kuala Lumpur Stock Exchange from 10am on July 9. The Kuala Lumpur Stock Exchange said in a
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      36 3 CHARTPOINT Every Saturday in Business Times i i tel 7U2259 *M88^ > 1 "*—1„ SS^O -mMfrk .MM Hi 4MB JSHRRBr fiß^-. wM,\ ■>'" >*"i 1?* "tithf tM Ml% -4» 4P s *SZ 9Bk f jpi^r v v^ > '^fcf
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Nomura appoints first non-Japanese to board
        96 4 NOMURA SECURITIES CO LTD, the world's largest brokerage, became the first Japanese financial company to appoint a foreigner to its board of directors last week, a Nomura spokeswoman said. Max Chapman, co-chairman of Nomura's Nomura Securities International Inc US unit, was elected to the
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      • Article
        NZSE to begin traded options
        95 4 THE NEW ZEALAND Stock Exchange (NZSE) said it would begin a pilot scheme in five stocks for its first exchange traded options on Monday, July 9. It will offer call options in Brierley Investments Ltd, Fletcher Challenge Ltd, Goodman Fielder Wattie Ltd, Carter Holt Harvey
        95 words
      • Article
        Kidder offers real estate trust
        97 4 KIDDER, PEABODY INTERNATIONAL Corporation, a General Electric Co affiliate, has begun selling shares of a real estate investment trust (REIT) to Japanese institutional investors, a Kidder official said. Kidder is offering shares of General Electric Real Estate Investment Fund Inc, a US closed-end real estate
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      • Article
        Malaysian importers sought
        146 4 THREE WEST GERMAN manufacturers and a car/automotive parts trader are looking for Malaysian importers, said the Malaysian-German Business Group in its June newsletter. The manufacturers named by the MGBG were Maria Soell GmbH of Eichelsdorf, which makes paper and plastics based packaging materials for food, chemical and
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      • Article
        Sumitomo to start London firm
        60 4 SUMITOMO BANK Capital Markets Inc, Sumitomo Bank Ltd's wholly owned currency swap firm in the US, will set up a currency swap firm in London, a spokesman for Sumitomo Bank said. The London unit, SBCM (UK) Ltd, will be capitalised at US$2O million and will
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      • Article
        Pickens to increase Koito stake
        88 4 T BOONE PICKENS JR pledged to increase his stake in Koito Manufacturing Co to press his demand for a say in running the Japanese car parts supplier. Pickens, who last week had his bid for four board seats soundly rejected at Koito's annual shareholder meeting,
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      • Article
        Dai Nippon builds new plant
        101 4 DAI NIPPON PRINTING CO LTD began construction of a new production plant in Okayama prefecture this month, a Dai Nippon spokesman said. The company plans to invest five billion yen in the production plant, which will be completed by July 1991, and begin manufacturing 20,000
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    • Article, Illustration
      Far East Hotels buys Regal stake for HK$226 million
      267 4 DEACON Chiu's Far East Hotels Holdings International (Fehil) has bought 8.7 per cent of the issued share capital of Regal Hotels International Holdings for HK5226.4 million. According to a report in the South China Morning Post, the acquisition of the shares
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    • Article
      Lock icon Plan for jet engine servicing plant
      466 4 MBT SIFCO INDUSTRIES, a US steel and aircraft maintenance company, has proposed to set up a full-scale commercial jet engine servicing plant in South-east Asia. Its chairman Charles Smith said Malaysia stood a good chance of landing the job. The plant will be Sifco's
      MBT  -  466 words
    • Article
      Lock icon Capital Steel studies Philippine mill project
      109 4 AFP CAPITAL Iron and Steel Corp, one of China's biggest state enterprises, expects to finish a feasibility study on a proposed Philippines steel mill by October, the China Daily newspaper reported on Thursday. If the plan goes through, Capital Steel would supply equipment and
      AFP  -  109 words
    • Article
      Lock icon Tomson Pacific to buy into property company
      110 4 Reuter TOMSON Pacific Ltd said it had agreed to acquire 200,000 shares, or 10 per cent, of the issued share capital of Macau-based Sociedade de Turismo e Desenvolveimento Insular SARL for HK$5O million. STDI owns 767,373 sq metres of land on the island
      Reuter  -  110 words
    • Article
      Hopewell sells stake in Wu Chung project
      385 4 GORDON WU's Hopewell Holdings is to get a muchneeded cash injection with the sale of about 41 per cent of its massive Wu Chung House development in Wan Chai to Herald Venture Ltd for HKS6SS million, according to the South China Morning Post.
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    • Article
      Royal Garden to open three more hotels
      281 4 THE ROYAL Garden Hotel Group will open three hotels in Bangkok, Chiang Mai and Phuket by the end of this year, making it one of the largest first-class hospitality chains in Thailand. According to Bangkok's The Nation, the sites for the establishments were
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    • Article
      Lock icon National Mutual says it has A$ 2.5b to invest
      185 4 Reuter NATIONAL Mutual Life Association of Australasia Ltd said it has A 52.5 billion in cash and is "looking to buy into the depressed equity and property markets which currently provide good value for long term investors". National Mutual sector director
      Reuter  -  185 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      144 4 Dragon Dig SICHUAN RESTAURANT (Established 1984) Dragon City Sichuan Restaurant will be closed for renovation and maintenance works on 9.7.90. We will resume business on 23.7.90 (Monday). The Management apologises for any inconvenience caused. Our subsidiary restaurant Grand City Chinese Restaurant at Cathay Building, will be most happy to be
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      Page 4 Advertisements Column 2
      106 4 FOOT EEIFLEXOLOGY V"jif V J v Docs it really promote blood circulation, correct yin/yang imbalance, and relieve tiredness and tension? Or is it, as some sceptics say, all in the mind? We invite you to find out for yourself. Let our experienced, China-trained therapists assist you. Then, when you feci
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Philips decision could affect EC plans
      498 5 Reuter DUTCH electronics group NV Philips Gloeilampenfabrieken's decision to review its commitment to European research projects could put the European Community's 'technology programme at 'tisk. "If Philips decided to back out of plans like JESSI /(a super microchip pro- gramme) it would be the
      Reuter  -  498 words
    • Article
      Lock icon Berisford ready to sell British Sugar
      206 5 Reuter •'UERISFORD International 'pic said it is prepared to sell any of its businesses, including British Sugar as part of a restructuring to reduce gearing and generate maximum value for shareholders. The statement accompanied news of a 41 per cent fall in its six
      Reuter  -  206 words
    • Article, Illustration
      Lock icon Nixdorf seeks capital rise to cement Siemens' takeover
      373 5 Reuter NIXDORF Computer AG is asking shareholders to approve a 1.32 billion mark capital rise to 1.876 billion marks in a move that will cement Siemens AG's takeover of Nixdorf. Siemens said it would hold 78 per cent of the new merged
      Reuter  -  373 words
    • Article
      Lock icon UK to force French to cut stake in water company
      355 5 FT MR NICHOLAS RIDLEY, the UK Trade and Industry Secretary, is to force France's largest water supplier to cut its investment in a British water company. Compagnie Generale des Eaux, which already owns four UK water companies, will have to
      FT  -  355 words
    • Article
      Lock icon Mannesmann achieves higher third-party sales
      133 5 Reuter STEEL AND engineering group Mannesmann said third party sales in the first half of 1990 rose 8 per cent to 11.1 billion marks from the year-ago period. Management board chairman Werner Dieter also said in a speech prepared for the annual shareholders' meeting that
      Reuter  -  133 words
    • Article
      Lock icon Saatchi reaches accord on sale of Gartner
      312 5 FT SAATCHI AND Saatchi, the struggling communications company, has reached conditional agreement to sell Gartner group, one of its US management consultancies, to Information Partners, a US investment fund, for US$7O million. Gartner, which specialises in computer services, was one of the largest
      FT  -  312 words
    • COMPANY BRIEFS
      • Article
        Nasa awards contract worth US$ 42.6m
        65 5 NATIONAL AERONAUTICS and Space Administration (Nasa) said its Marshall Space Flight Centre in Huntsville, Alabama, awarded a U5542.6 million, two-year contract to Rockwell International Corp's Space Systems Division to continue providing Space Shuttle systems engineering and integration services. Terms of the cost-plus-award-fee contract permit
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      • Article
        Perrier may buy cheese maker
        91 5 SOURCE PERRIER, the producer of bottled water and cheese, is interested in acquiring privately owned Bridd, France's fourth largest dairy group, Perrier's new chairman Jacques Vincent said. "We're looking at it very closely, as are most of the big dairy groups," Mr Vincent said in
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      • Article
        Nissei interested in E Europe
        58 5 JAPANESE ELECTRONICS maker Nissei said on Wednesday it would launch a joint venture to produce and sell photocopiers in Eastern Europe. Nissei is to link up with finance house MEI Japan and Swiss firm MEAG Electronic AG and East Germany's Robotron Electronik to establish the
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      • Article
        Takeover of Spanish operations
        94 5 AUSTRALIAN-BASED transport and security group Maytoe Nickless Ltd said on Wednesday it had expanded its European operations through the takeover of two Spanish security operations. Managing director lan Webber said in a statement the company had bought Commercial International de Seguridad SA (Cinsesa) and GMIC Seguridad
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      • Article
        Securitised ownership
        97 5 JAPANESE LEASING company Orix Corp has started selling securitised ownership of a nine-story office building in Westminster, London, to Japanese investors, a company spokesman said. He said Orix bought Romney House, built in 1931, last week for about 18 billion yen. Britain's Department of Environment will rent the
        97 words
      • Article
        Volvo offers warrants
        73 5 TWO OF Volvo's largest stakeholders on Tuesday said they would offer 100 top executives covered warrants on a total of 300,000 Volvo restricted B-shares, to be exercised in 1995. The programme, the first for Volvo executives, was developed in conjunction with Volvo's board and is being offered
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  • Page 5 Advertisements
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      43 5 I dehghTs Corner I RIBS STEAK HOUSE i 7 Maxwell Road 6th Level Annex R MND Building Singaporp 0106 To! *****00 I (Opposite Maxwell Traffic Police) F Parking after prn Monday Saturday. Sundays A Public Holidays ■■■■MB Delight Catering Services Pte Ltd HfIHBH
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      191 5 I SPECIAL TRIBUTE I I TO OUR NATION I 8 AN EXCLUSIVE PAIR OF MOTHER-OF-PEARL WATCHES 1 TO COMMEMORATE I I SINGAPORE'S 25TH YEAR OF INDEPENDENCE I omnom B omtunoo out SM6AHM P The B I this pair of elegant time- This exqui3l,e pair I pieces is inspired by the
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  • FINANCIAL NEWS
    • Article
      Magazine rates Dai-Ichi world's largest bank
      535 6  -  By Quak Hiang Whai JAPAN'S DAI-ICHI Kangyo Bank has been ranked by Business Week as the world's largest bank in terms of total assets last year, while six other Japanese banks also made it to the top 10 list. The American business weekly, in
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    • Article
      Lock icon Financial futures premature for KLCE?
      184 6 Bernama WHILE the authorities have yet to decide on the feasibility of launching the proposed financial futures contract, investment analysts have expressed concern over whether Malaysia is actually ready for the big leap forward. Some agreed that the new instrument will go a long way
      Bernama  -  184 words
    • Article
      Lock icon Farrow Group's collapse a further blow to Victoria
      316 6 Reuter THE COLLAPSE of the largest building society group in the state of Victoria has set off a flurry of sales in stategovernment paper and dealt a further blow to the state's public borrowing authorities, market analysts said. The failure of Farrow
      Reuter  -  316 words
    • Article
      Lock icon Japanese not in a hurry to bank on East Germany
      364 6 Reuter MAJOR Japanese banks are not rushing to finance economic development in East Germany now that it has come under West Germany's monetary umbrella, bank officials say. The Japanese bankers say it is still not completely clear how drastically East
      Reuter  -  364 words
    • SMALL CHANGE
      • Article
        Keppel Finance raises fixed deposit rates
        87 6 KEPPEL FINANCE has raised its fixed deposit rates by 0.5§ to 0.875 percentage point across the board with effect from* Wednesday. Its one-year fixed deposit rate, for example, is» now 6.5 per cent for balances below $30,000, up from 5.75JJJ Ser cent previously. Depositors
        87 words
      • Article
        Swiss to ban money laundering
        71 6 MONEY laundering will become illegal in Switzerland from 3 August 1, the Federal Justice and Police Department said. The law bans the laundering of criminal proceeds, obliges J financial institutions to check the identity of their depositors* and mandates fines or imprisonment for anyone who
        71 words
      • Article
        Westpac reviews performance
        97 6 A REVIEW of Westpac Banking Corp's direction and strategy will result in its withdrawal from poorly performing activi-* ties, chairman Eric Neal said. "There will be withdrawal from* some activities where earlier potential has failed to material- p ise, as was the case with Westpac Pollock Inc,"
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      • Article
        Austria to continue 'hard' policy
        90 6 THE NEW president of the Austrian National Bank says she wants to use the country's tradition of economic stability and the schilling's links with the mark to steer Austria into the European Community. In an interview, Maria Schaumayer, the first female president of the Austrian
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      52 6 EVOLTI Europe is changing fast. In the East, Marx is just another four-letter word. While in the West, revolutions are afoot in foreign policy, defence, and the 1992 programme for a single market. Find out why Europe's revolting in The Economist this week. 1992 Survey in The Economist. On sale
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Garuda to start air services to China
      389 7 Agencies INDONESIA'S state airline, Garuda Indonesia, plans to start air services to Beijing on August 8, when Jakarta and Beijing restore diplomatic relations after 23 years. An airline spokesman said Garuda would either use its own planes or buy seats from China's state
      Agencies  -  389 words
    • Article
      UK urges Bangkok to reduce tariffs, protect copyrights
      368 7 A BRITISH trade minister earlier this week urged Thailand to reduce and "bind" import tariffs and increase protection for intellectual property such as copyrights, patents and trademarks. The Nation, a Thai newspaper, reported that at a meeting with Thai Commerce Minister Subin
      368 words
    • Article, Illustration
      A burning desire for... what?
      40 7 An American flag was burned during a rally by about 100 leftists near the US Embassy in Manila on July 4. The demonstrators were demanding the immediate dismantling of US military bases in the Philippines.
      40 words
    • Article
      Lock icon Cambodian ceasefire pact in danger
      204 7 AP AN ACCORD on arranging a ceasefire in Cambodia is in danger of unravelling as the factions again quarrel over the role of the Khmer Rouge, the largest and most feared guerilla group. i Prime Minister Hun Sen of the Vietnamese-backed Cambodian government in Phnom
      AP  -  204 words
    • Article
      Lock icon Cambodian government may be facing bankruptcy: analysts
      319 7 Bangkok Post CAMBODIA, still one of the world's poorest countries, has been severely affected by recent political developments in Eastern Europe, according to analysts in Bangkok. Since the Soviet Union started directing aid away from Cambodia towards Eastern Europe and as the Eastern
      Bangkok Post  -  319 words
    • Article
      Lock icon Aquino opposes cap on debt servicing
      117 7 Reuter PHILIPPINE President Corazon Aquino said she opposes a proposal in Congress to put a ceiling on the servicing of the country's U5526.6 billion foreign debt. "I am against the foreign debt cap bill as this would be violative of our international obligations and
      Reuter  -  117 words
    • Article
      Lock icon Taiwan's trade surplus plunges in first half
      258 7 AP TAIWAN'S trade surplus during the first half of 1990 totalled U554.94 billion, a 20.1 per cent drop from the same period last year, the government announced yesterday. But the monthly surplus for June was US$l.O9 billion, up 22.8 per cent from a
      AP  -  258 words
    • Article
      Lock icon China closes centre for study of capitalism
      193 7 AFP CHINESE authorities have ordered the closure of a research centre devoted to the study of Western capitalism in China's southern special economic zone of Shenzhen, an independent newspaper said yesterday. The Hong Kong-Macau Economic Research Centre, set up in 1988 to study
      AFP  -  193 words
    • NOTE BOOK
      • Article
        S Korea wants to open trade office in Vietnam
        136 7 SOUTH KOREAN trade officials want to open a commercial office in Vietnam, but are running up against a US embargo on relations with Hanoi. An official at the Korea Trade Association (Kotra) in Seoul said yesterday that South Koreans wanted to
        136 words
      • Article
        Canners ban 'dolphin' tuna
        98 7 THAI tuna processors are to stop buying white tuna caught in driftnets, the Thai Food Processors Association (TFPA) said on Wednesday. TFPA president Monkol Saraneeyatham said tuna from driftnets accounted for 3 per cent of Thailand's annual 15 billion baht (US$6O million) exports of canned tuna.
        98 words
      • Article
        Judgement against Imelda
        86 7 A $15.1 MILLION judgement has been entered in Manhattan against former Philippine first lady Imelda Marcos based on a federal court verdict in Washington state. The Washington state jury found her and her late husband liable in the 1981 killings of two cannery workers. Mrs Marcos was
        86 words
      • Article
        Saw Maung issues warning
        61 7 MYANMAR's military leader General Saw Maunc has warned against any party rewriting the Constitution for its own ends without taking into account the interests of the whole country, the Working People's Daily reported on Wednesday. Gen Saw Maung cautioned against a single party "taking power by
        61 words
      • Article
        Insurgency hits tea growers
        95 7 TRIBAL insurgents have unleashed terror in the tea gardens of north-eastern Assam state, jeopardising India's plans to meet burgeoning domestic demand and regain its place as the world's largest tea exporter. Scores of executives from 11 leading tea companies have fled Assam, India's largest tea producing
        95 words
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      Page 8 Advertisements Column 1
      218 8 Jk f,. You've turned our trees into money Your response to the public offering of 27,200,000 newly issued shares in PT Inti Indorayon Utama was overwhelming. Between 21st and 29th May 1990 we J received applications for a total of 83,880,950 shares, J valued at Rp.826.2 billion. As a result,
      218 words
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  • THE WORLD
    • Article
      Lock icon G-24 agrees to expand aid to East Europe
      401 9 NYT FOREIGN MINISTERS from 24 leading industrial nations agreed on Wednesday to expand their economic aid programme for Poland and Hungary to include the emerging East European democracies of Czechoslovakia, Bulgaria, Yugoslavia and East Germany. Wednesday's decision did not involve any specific
      NYT  -  401 words
    • Article, Illustration
      Lock icon No comment, folks
      33 9 African National Congress deputy chief Nelson Mandela is playfully silenced by his wife Winnie as they leave their closing press conference in London's Whitehall on Wednesday. AFP Picture AFP Picture
      AFP Picture  -  33 words
    • WOLRD WATCH
      • Article
        Delors rules out 2-speed monetary union
        53 9 EUROPEAN COMMISSION President Jacques Delors ruled out two-speed European monetary union on Wednesday, quashing an idea put forward recently by West German central bank governor Karl-Otto Poehl. "It is extremely important to keep the Community moving together, even if it means using transition clauses,"
        53 words
      • Article
        Two million Greeks on strike
        58 9 TWO MILLION Greek workers went on strike on Wednesday to protest against the policies of the Mitsotakis government. Most of the private sector and some public sector services ground to a halt as strikers called on the government of Prime Minister Constantin Mitsotakis to scrap
        58 words
      • Article
        Cyprus seeks to join EC
        56 9 CYPRUS applied to join the European Community on Wednesday but Cypriot Foreign Minister George lacovou admitted the island's political divisions could prove an obstacle to membership. "There are bound to be some... difficulties because Cyprus, against its wish, remains a divided but at the same
        56 words
      • Article
        Brazil ready to repay debts
        59 9 BRAZIL'S government is ready to negotiate an agreement with creditors to resume payments of its US$ll4 billion foreign debt, Economy Minister Zelia Cardoso de Mello said on Wednesday. Antonio Kandir, secretary of economic policy, will go to Washington next week to show the IMF "the
        59 words
      • Article
        E German strikers get warning
        52 9 EAST GERMAN WORKERS who launched warning strikes as their country switched to capitalism got a stern warning in return on Thursday from West Germany's economics minister. East German industry must become more productive before its workers can afford to make pay demands, said the minister,
        52 words
    • Article
      Lock icon Chinese economy picking up
      325 9 Reuter CHINA'S economy is showing signs of recovery after bottoming out in the first quarter of this year, but sustained expansion will depend on the pace of reforms, Hongkong-based analysts say. "The economy is going upward and solid gains are expected in terms of industrial output,
      Reuter  -  325 words
    • Article, Illustration
      Lock icon Aid issue may isolate Japan at summit
      385 9 AFP JAPANESE Prime Minister Toshiki Kaifu leaves for Houston today to attend his first annual economic summit, with Japan risking isolation over its stands on aid to China and the Soviet Union. !Mr Kaifu is scheduled to meet US President George Bush for
      AFP  -  385 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      136 9 HH /m B >-• ./I v V Rp I -flf Sb 4^:; xi• g :x ■■< i S r »-•:>«- v 1 Vpp ifr *"< ij m .IT ibWi f J9f >ffc- -^s'* ,t fct b BBH^^ »iPSr 1 |P| Each S.T.DupontHas a Story To ell, cS&SkuiofiL PARIS -Jt mfeg&o&\
      136 words
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  • Article
    The courteous corporation
    481 10 EDITORIAL SINGAPORE'S courtesy campaigns began twelve years ago. Twelve years which have seen a lot of time and energy spent on putting across the most basic of messages that a little courtesy from each of us goes a long way in making life for all so much
    481 words
  • WHAT THE OTHERS SAY
    • Article
      Mending broken ties
      243 10 THE normalisation of ties between Indonesia and China after 23 years of political estrangement is of historical importance. To fully appreciate its true significance, one should recall the events that led to their break-up in 1967. Two years before, a commu-nist-inspired military coup had failed to overthrow
      243 words
    • Article
      A dream shattered
      102 10 FROM next year, there will be a $100 differential in the foreign worker levy for skilled and unskilled labour. Employers will pay $250 a month if the worker is skilled and $350 if he is not. The new computation will help boost standards in the construction industry.
      102 words
    • Article
      The tunnel lesson
      147 10 MUSLIMS all over the world must be shocked over the tunnel stampede disaster in Mecca. Sure, on hindsight, the disaster could have been prevented. Even though the air-conditioning system of the tunnel had failed, the stampede could have been averted if crowd control had been stringent. The
      147 words
  • REGIONAL VIEWPOINTS
    • Article
      War on arms' peddlers
      175 10 ONE dire consequence of the Cambodian conflict is the proliferation of war weapons smuggled across the border into Thailand. Cambodian troops from all factions seem to have plenty of surplus weapons and ammunition to sell. Many of them have good connections at the border and operate
      175 words
    • Article
      Climb with a view
      155 10 THE GROUP of illegal immigrants who climbed the scaffolding at a building site in the New Territories could not have calculated the impact their action would have. Their attempt to escape arrest has focused attention on the sensitive issue of Hongkong's labour controls, at a time
      155 words
    • Article
      In the public interest
      214 10 THE Kuala Lumpur Stock Exchange Committee has publicly reprimanded Sungei Besi Mines Malaysia (SBM) for the downward revision in share issue price by the company directors from MS 12 to Ms 4 per share in respect of the additional new shares in SBM to be issued
      214 words
  • Article, Illustration
    Lock icon The Party's over
    823 10  -  All the signs point to the need for a new political beginning in the Soviet Union. But Mikhail Gorbachev and his closest allies seem to have chosen to ignore them. A M Rosenthal reports A M Rosenthal NYT THE PARTY is a corpse. Unless Mikhail Gorbachev at
    NYT  -  823 words
  • Page 10 Advertisements
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      324 10 alo b a l fund The Asia-Pacific... the new frontier of growth in the 21 st century, and Singapore... the manaqemen t 91 regional financial hub and one of the world's fastest growing business centres... provide the perfect setting for the Global Fund Management Conference and Exhibition. International Conference and
      324 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      55 10 DOONESBURY BY GARRY TRUDEAU ITMASUEW. J. J.! &EN SOME MKT wriLy NO NO UHILE MY MOUTH HJAS AC- OF ME WAS OVERCOME WITH J \UEU,TMrs ZZLp HtSMFE CEPTIN6 THE JOB, EMOTION- REVULSION, ANPJUST UPANP I WHERE TT G&5 /cuTi TEACHES ALV/, I (OAS CLEANING j QUIT! I MEAN, I'M STRANGE.
      55 words
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  • ANALYSIS
    • Article
      Untying the knot of fear in South-east Asia
      638 11  -  What does the restoration of ties between Jakarta and Beijing augur for South-east Asia? The leading Chinese daily in Hongkong, Ming Bao, offers some insights. Translated by Chia So-Shyng dated by Chia Su-Shyng of The Straits Times' Translation Unit AFTER twenty-three years
      638 words
    • Article, Illustration
      Hark, the stateless corporation calls
      1032 11  -  As the fast-moving electronics industry enters the *****, the big players are positioning themselves to emerge unscathed at the tail-end of a decade that promises to swallow up the non- competitive firms. In an exclusive interview with BT, Alain Gomez of French electronics giant Thomson
      1,032 words
    • Article, Illustration
      Lock icon Summit of stress
      794 11  -  The first post-Cold War economic summit looks likely to show up more divisions than bring about a bridging of differences. Rich Miller reports Rich Miller Reuter IT IS SHAPING up to be a summit of discontent. Less than a week before they meet in the heat of
      Reuter  -  794 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      162 11 sth-Bth July 1990 11 a.m.-6.00 p.m. World Trade Centre Hall 3, Singapore Meet the challenges of the 90s right here at Asia Weldex/Fastener 90. Asia Weldex/Fastener '90 promises to be the most successful event that promotes the welding, engineering, metaiworking and building industries To the prospectrve visitor Asia Weldex/Fastener 90
      162 words
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  • FOCUS
    • Article, Illustration
      Lock icon US banks losing their stature overseas
      1586 12  -  US banks are retreating from Europe and other foreign markets. Michael Quint reports. Michael Quint NYT ONCE the pacesetters for global expansion in the financial industry, US banks are retreating from foreign markets, losing business and stature to competitors from Europe and Japan. The
      NYT  -  1,586 words
    • Article
      Lock icon Thin line against conmen
      1255 12  -  Practically anybody can register as an investment adviser in the US by paying a paltry US$ 150 fee. So-called investment 'boiler rooms' can set up one day, lure in investors' money, and disappear shortly afterwards. Janet Bush looks at the US financial regulatory system. Janet Bush
      FT  -  1,255 words
  • Page 12 Advertisements
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      206 12 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.
      206 words
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  • SPORTS
    • Article, Illustration
      Lock icon No Argentinian showdown for Brits
      846 13 AFP WEST GERMANY booked a return match with Argentina in the World Cup final when they beat England in a nervewracking penalty shoot-out in Turin yesterday morning after a rousing semi-final had finished 1-1 after extra time. Four years ago in Mexico City, the Germans
      AFP  -  846 words
    • Article, Illustration
      Lock icon Real men don't try drop shots, they blast their way through
      651 13 AP THEY BLAST ACES and service winners, or crush volleys at the net. They don't bother with dainty lobs or baseline rallies. Real men don't try dropshots. And real men win especially on the Wimbledon grass. Ivan Lendl, Boris
      AP  -  651 words
    • Article
      Lock icon Caniggia laments being left out of World Cup final
      262 13 AP CLAUDIO CANIGGIA, a key player in Argentina's resurgence, was left to ponder the foolishness that will rule him out of Sunday's World Cup final. Striker Caniggia was cautioned for handball during the defending champion's semifinal victory over Italy in Naples
      AP  -  262 words
    • Article
      Lock icon Australians to meet tenacious All Blacks
      353 13 AFP AUSTRALIA, fresh from winning a three-match Test series against France, will arrive in Auckland next week to meet New Zealand's All Blacks, the rugby union world champions unbeaten since 1987. The Wallabies arrive on Monday for a six-week tour and hope to return
      AFP  -  353 words
    • SIDE LINES
      • Article
        25 foreign pros for Tiger Beer Open
        67 13 THE 18th TIGER BEER Open Golf Championship 1990 tees off today with a field of 25 foreign pros from Australia, Japan, the US and neighbouring Asean countries joining our local pros. Held at the Sembawang Country Club, this year's championship promises to be
        67 words
      • Article
        Squash tremors
        56 13 CHRIS DITTMAR, world number three in the international squash scene, and Peter Hill, East Asia champion, are about to set tremors to the local squash scene in their forthcoming challenge match. Cathay Pacific has made this event possible, scheduled to be held on July 10 at the East
        56 words
      • Article
        Fignon drops out
        57 13 GREG LEMOND will not have Laurent Fignon to beat on the final day of the Tour de France this year. Fignon, who narrowly lost on the final day to LeMond in last year's Tour de France, dropped out in the fifth stage of the 1990 race on
        57 words
      • Article
        A change for the better
        117 13 MARK MOULAND changed his putter and his caddy on the eve of the Monte Carlo Open and was rewarded on Wednesday with a career best first round of 63. The 29-year-old Welshman was forced into drastic remedies after a slump in form since he was
        117 words
  • Page 13 Advertisements
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      46 13 Win Boctok p 1 I Check I I Out I I The I New i Paper's I I Sunday I I World I I Cup Editions p June 10, 17 &24 jl July 1 8 Available At llf All 7-Eleven Outlets And p Convenience Stores pf
      46 words
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      Page 14 Advertisements Column 1
      1091 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, PINE... Some like it hot The Szechuan Court is proud to prwent the return of The Xi'an Master Chefs from The Golden Flower Hotel of Xi'an. With skills as legendary as the great historical city
      1,091 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      582 14 TELEVISION AND RADIO •m. T" caniff i-" .V 10.30 Celebration Wwhi Anita Good Friends Get Together BUSINESS ON RADIOH >?; I TAltit/\l9 ■-<' ••< Sarawak: Entertainer 4.44 Asar Prayor CaH. \VI I IH II 111 Extraordinare. 4.50 It Taint a TMaf (Cont'd). BBC, 89.9 mltz In VHF Band It J.
      582 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The stuff of bad novels
      707 15  -  Since 1982, a Californian has run a bad-writing contest which thrives on dark and stormy prose. Paul Ben-Itzak reports Paul Ben-Itzak Reuter THE scary thing is not that Scott Rice runs a con- I test for the best example of bad < writing, but that
      Reuter  -  707 words
    • Article, Illustration
      Lock icon American airlines strive to cook up better fare
      850 15 NYT Kevin greene hates jokes about airline food. And as director of catering services for Pan American World Airways at Kennedy International Airport, he's heard them all. "It's unfortunate we get a bum rap," he said, proudly displaying a tray of lobster
      NYT  -  850 words
    • Article
      Bobby Brown's father charged with rape
      809 15 CHATTERBOX THE FATHER of US rap music star Bobby Brown has been charged with raping one female and assaulting another in a Brisbane hotel room, police said yesterday. Herbert James Brown, 60, was granted bail of US$4O,OOO after appearing in Brisbane's Magistrate Court yesterday.
      809 words
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      286 15 AND ENTERTAIN A Taste For vlian Masterpieces. SS&m ITALIAN HIOMOTION BUFFET DINNER S&K M A ALL PRICES SLBIE) T IfXA- TO 10* SERVICE B&t.J. CHARGE AND CESS ?rom 6 to 16 July, wc present you with the sensations of Italy. Authentic specialties red with the freshest ingredients. And to you
      286 words
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      Page 15 Advertisements Column 2
      178 15 £3Mtui*& For Lunch only Roasted Peking Duck I *§^75F^Sp^| 6-Course I -±4- Set Menu I 4 Steamed Duck Soup 1. Roasted Peking Duck with Vegetable 2 Maple Leat Special 5 Steamed Rice in wn Bean Curd Bamboo Tubes Jjfc 3 Shredded Duck wtt 6 Longgan White 1 1 Green Pepper
      178 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Renewed interest in the afternoon firms prices
      4338 16  -  By Magdalene Ng SPECULATION of renewed institutional interest, National Day goodies, Malaysian elections and company go-ings-on revived interest in the local stock market in the late afternoon yesterday, leading share prices to close firmer for the day. With no fresh incentives in the
      4,338 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4207 17 Main Board SPH Foreign 1090 30 2.8% Keppel Corpn 790 +25 +3.3% SIA Foreign 1850 20 +11% UOB Foreign 710 +20 +2.9% Sunshine Allied 402 +18 +4.7% Asia Pacific 995 +15 +1.5% Metal Clainera 162 +12 +8.0% Spore Land 1480 +10 +0.7% DBS 1270 +10
    4,207 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      232 18 C—ff Ml Viir firwf IW Mrai«g« 6r*M MR to profit/loss (L) par ikin dhrMmd COM) (cMtt) Metro Hides Jul 4 Mar 90 $8.006($10.219) 14 6(18 7a) 4(2.7a) Spore Fodder Jul 2 Dec 89 $5901(*****) Transmarco Jul 2 Mar 90 $9,243(115.641) 37.0(62 6) 6(6) Juror* Eng Jun 27 Dec
      232 words
    • Article
      PRELIMINARY RESULTS
      203 18 C—I M«y Data Yur Grwip pre-tax Itot Mnttag* #r*i ann to pr*IK/toM (L) p«r slur* dtvtdMd ('000) (canto) Alex HMgs Jun 29 Mar 90 $1,786(51.672) 5.4(5.6) 6(6) Nm Sun Hup Jun 29 Mar 90 $17,429($15,638j) 9.2(9.6) 10TE(NA) Uttatock Jun 29 Mar 90 $7,171 (J5.280) 20.8(14.5) 10(8) Poiytefc Jun
      203 words
    • Article
      INTERIM RESULTS
      142 18 Caaipaay Date HaH-yaar fir««p pn-tu latariai ana ta praflt/laaa (L) dhridaad (*000) Ganda Hldgs Jun 29 Mar 90 M$3.237L($2.236L) Pacific Can Jun 29 Mar 90 $68L(—) Samaria Hldgs Jun 28 Mar 90 M$4.997($5,120) CASH Jun 26 Feb 90 M$669t($500l) Aw Pacific Jun 22 Mar 90 148.108(151.412) 15.4(12.3) F&N
      142 words
    • Article
      CORPORATE DEVELOPMENTS
      486 18 M 4 Bedford Bhd proposed to purchase four companies JB Parade Sdn Bhd (45 per cent), Oakland Holdings Sdn Bhd (30 per cent), Guobena Sdn Bhd (100 per cent) and S« Ferringhi Sdn Bhd (100 per cent) and two parcels of land in Petaling Jaya and Port Dickson
      486 words
    • Article
      DIVIDENDS ANNOUNCED
      762 18 Carraat Ex Backs Date Tafel «ar Tatal Jar d#$6 (Myibit tlM yty Isst Nn (Up 6t Aug 28 Sep 7 Sep 26 61 6% MffP Jun 20 MS Aug 15 129sat Amcti 10% Jun 18 Jun 28 Jd 16 10% 10% Mi Padfc 15.4% (I) Jd 4 Jd
      762 words
    • Article
      RESULTS DUE
      432 18 Singapore Stocks Lad FaN Yaar C«m taM Date Yaar PW ffS ton M —iwcid M*| (eanb) prafl last r«« Lmm Huat Interim Mar 30 Oec 89 5361(h) EMS Intcran Apr 26 M 90 9.3(a) 2 3Tl(a) 4.747 Tat Lm Fiuki Fatal iun 1 Dec 89 12J 8.0 2J06
      432 words
    • Article
      APPROVED ISSUES
      197 18 Company Rights tow £8 Cap Onetorlhree MSI 60 per share $30 131m 1% Convert** Unsecured Loan Stock o* MSI 00 nomnal value to b* issued on the bass at 1 CULS tor every aght shares held Ei-date Jun 6 Books dose ton 20 Acceptance i Payment: Aug 6
      197 words
    • Article
      BONDS, LOANS & WARRANTS
      621 18 BONDS, LOANS WARRANTS Cw*My finiinlia piiiii CMMnbatmhr««iM)in C&C m Before 26/4/93 1 warrant pto 83.09 cart C—i Lea J fini) Ml 2/10/89 to 20/10/94 1 warrant pto 81 cart or 1 aarat amount ot ton stock. Chan Np Nates Qm%R March 87 to 31/12/91 155 »«rrats pto >1.55 cart. J
      621 words
    • Article
      PROPOSED ISSUES
      588 18 Company Rights Issue Causeway to Capital reduction scheme to reduce par value ot shares tram SI 00 to SO GO: foghts issue of 3:2 fe SO GO per share Cm One-tor one fe 1*14 00 per share Every tour nghts shares would be issued with one TSR [IB
      588 words
    • Article
      COMPANY MEETINGS
      231 18 Khta Kebs kivestments Pubic Ltd Co: AGM and EGM at 28th Floor, Menara Haw Par, Jaian Sultan Ismai, ***** Kuala Lumpur, Malaysia on Friday, My 6, at 9.45 am. Jacks Wemafaul Limited: AGM at the registered office, 11 Jaian Lembah Katang, Singapore 1233 on Monday, July 9, at
      231 words
    • Article
      RECORD HIGHS & LOWS
      138 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 N* 1402 22 (6/2/90) 22/2) 1990 tow: 1254 18 (2/5/90) J*® JTT am/89 ISIS >*t 1322 00 (28/12/89) J* «776 WJ™ 1919 low: 917.42 (4/1/89) J* J'J g 1S88 h*tc *****6 (8/8/88) *8 Htft 1177*7 8/8/H 1988 tar 737.83 (4/1/88)
      138 words
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      Page 18 Advertisements Column 1
      138 18 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they riflmflnri more space and more research than can be given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      138 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Selective buying helps stem decline
      3661 19 MBT SELECTIVE buying partially stemmed the overnight weak spell at the Kuala Lumpur stock market yesterday and share prices closed mixed. A broker said investors were showing some confidence. He said the interest in some blue-chips was a good sign, probably signalling a return of
      MBT  -  3,661 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      341 19 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME Notice Is hereby given that In consequence of the intended purchase of the ship by our principals, CHARTERINO VENTURE PTE LTD, we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) In
      341 words
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      Page 19 Advertisements Column 2
      371 19 M THE MATTER OF THE COMRAMES ACT, CAR M AND IN THE MATTER OF CATHAWJOHT T—m PRODUCTS CO PTE UD VOLUNTARY WINOMO UP) At an Extraordinary General Maatmg ol toe members olCathay«tft Timber Products Co Pto Lid convened and held t 6 Batt»r> Road. #27-01 Standard Chartered Bank Buddmg. Smgeporeolo4on.Xine29.
      371 words
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      Page 19 Advertisements Column 3
      384 19 CAM II THE MATTER OF EfcPJL SANTA CI—IMA HWCM.TWU AtAFTE LTD WOHCE B HEREBY OVEN ttl tha crodkxs d tie diove compeny Mi li being n|im% woundif), an nqdnd on or baton, Btfi difyd August 1990. to send in their lan d their debts and ciaimihivid the names and addnaaea
      384 words
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      Page 19 Advertisements Column 4
      414 19 IN m MATTES OT THE COMPANIES ACT, CAP. M AND IN THE MATTES OP HALDANE PTE LTD (la Meaafeor*e VetanAavy I lad li Hi a) NOTICE 0* BBOLCTWM Parses* to SaaMea M(S)(b) At an Extraordinary General Meeting of the Company held at 28th Floor, Three Exchange Square, Central, Hong Kong
      414 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Prices slide on Soviet political fears
      2266 20 TOKYO STOCKS closed lower yesterday on late selling after the dollar rose against the yen on reports of political unrest in the Soviet Union. The market decline ended a day of quiet, steady trading and followed three straight days of advances. i4 A stronger
      2,266 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Stocks end easier in subdued trading
      2523 20 HONGKONG STOCKS ended easier yesterday with many investors sidelined on a lack of mar-ket-moving news, brokers said. "Underlying sentiment is strong and bullish, but trading is subdued after recent gains," a broker with a UK house said. The Hang Seng index fell 7.05 to
      2,523 words
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  • REGIONAL STOCK MARKETS
    • Taiwan stocks at lowest since May 1988
      • Article
        AUSTRALIA
        1015 21 TtlE AUSTRALIAN sharemarket finished higher for the third day running ort strong buying interest from both local and offshore investors. Yesterday, the All Ordinaries index ended 18.7 ppints firmer at 1558.1, but off the day's high at 1561.0. The index has gained 6LI points since Monday. r "All the
        1,015 words
      • Article
        MANILA
        591 21 PHILIPPINE shares rebounded from days of decline and closed higher yesterday as bargain prices lured fresh buying in an oversold market, brokers said. But the rally failed to impress analysts, who said transactions were far and between. The Manila Stock Exchange composite index closed nearly 4 per cent higher
        591 words
      • Article
        BANGKOK
        675 21 THAI stocks closed off mid-session lows yesterday after plunging in early profittaking led by the banking sector which made huge gains this week, brokers said. The official SET Index lost 17.33 points to close at 1070.18 after plunging 27 points at one point in the session. Declines led advances
        675 words
      • Article
        INDICES & TURNOVER
        90 21 INDICES TURNOVER Close J«i> 5 Pr^te-s SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1558.1 2453.6 877.9 142.33 1539.4 2426.0 866.1 107.96 18.7 +27.6 11.8 34.37 BANGKOK SET Index Turnover (nearest *000) 1070.18 NA 1087.51 93,779 -17.33 NA JAKARTA Composite Index Turnover (nearest '000) 627.42 NA
        90 words
      • Article
        SEOUL
        837 21 SEOUL stocks closed lower yesterday on selling from unsettled accounts and profit-takers, losing some of the ground gained on Wednesday. The composite stock index shed 12.20 points to 723.10, with volume weak at 125 billion won against 260.2 billion on Wednesday. Falls led rises 523 to 183, with 123
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      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        339 21 la local cvreacy la S$ la USS Index %day year day year day year Jnly 4 change change change change change dnny World 431.9 0.3 -7.1 0.0 -11.0 0.6 -7.1 JEAFE 602.0 0.2 •11.6 0.4 -15.0 1.0 -11.2 Europe 454.7 -0.2 0.9 -0.3 3.2 0.4
        339 words
      • Article
        TAIPEI
        392 21 THE TAIWAN stock index yesterday finished at the lowest point since May 1988 as the plunging financial sector led the market down. The weighted index fell 152.63 points, or 3.3 per cent, to close at J 4,524.55, the lowest since May 31, 1988. Turnover fell to NTS3O.9 billion from
        392 words
      • Article
        NEW ZEALAND
        300 21 NEW ZEALAND share prices retreated in afternoon trading yesterday after the Barclays Index ixxe six points at the end of morning call. It ended an estimated 3.69 down for the day at 1,797.66. "I was surprised it drifted back. (On Wednesday) it exploded out of the blocks on
        300 words
      • Article
        JAKARTA
        523 21 SHARES on the Jakarta Stock Exchange ended mixed with the official Bapepam index down 2.29 points to 627.42 yesterday. Astra International was the most active share on the regular market, trading 284,000 shares in lots of between 500 and 9,500 shares. It closed 450 rupiah higher at 24,450. "The
        523 words
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  • WORLD STOCK MARKETS
    • Sterling's strength intimidates market
      • Article, Illustration
        LONDON
        757 22 SHARE PRICES closed lower on London's Stock Exchange on Wednesday, depressed by mounting concern about the strengthening pound. The pound's continued rise heightened nervousness about stocks with considerable overseas business, dealers said. This prompted some selling, they said. "People are concerned that, on a currency translation basis, a number
        757 words
      • Article
        INDICES & TURNOVER
        81 22 INDICES TURNOVER July 4 Close i rTc'luUS NEW YORK Dow Jones Closed 2,911.63 NYSE Financial Closed 144.95 SAP 500 Closed 360.16 Turnover (million) Closed 130.50 LONDON Financial Times 30 1881.10 1894.71 •13.6 FTSE 100 2355.50 2371.70 •16.2 Turnover (million) 353 447.3 •943 AMSTERDAM CBS General 197.60 198.30 -0.70 Stock Index
        81 words
      • Article
        BRUSSELS
        174 22 BELGIAN shares opened mainly lower yesterday but recovered slightly in the first half hour of trading. Traders said volume was low despite the start of a new forward market account. "Gients don't know what to do," said one trader. Steel maker Cockerill Sambre, insurer AG and travel and tourism
        174 words
      • Article
        FRANKFURT
        528 22 WEST GERMAN share prices weakened after early gains to end broadly lower yesterday as follow-through orders failed to emerge and a technical correction set in, dealers said. "There were no laige buying orders to push the (DAX) index across the 1,930 (point) level," said a trader. The 30-share DAX
        528 words
      • Article
        PARIS
        261 22 FRENCH share prices hovered around the 2,000 resistance level in an obstinately quiet market which dealers said was responding only to bad news yesterday. The CAC-40 index dropped 15.16 to stand at 2000.77 at 1059 GMT, and some dealers speculated it could fall below the 2,000 level by the
        261 words
      • Article
        TORONTO
        261 22 TORONTO stocks held early gains at the close after a day of very thing trading due to the US July 4 holiday, dealers said on Wednesday. The composite index rose 15.34 to 3,575.24 on volume of 10.9 million shares. Advances led declines 275 to 217. Among active issues, Sears
        261 words
      • Article
        JOHANNESBURG
        376 22 JOHANNESBURG gold shares drifted lower in quiet morning trading yesterday in the absence of any fresh factors to stimulate activity. Dealers said investors are still cautious about the bullion price, which is at present holding just above US$36O on thin overseas markets awaiting the reopening of US markets after
        376 words
      • Article
        ZURICH
        377 22 SWISS shares traded mixed to slightly lower at midsession yesterday. Dealers said profit taking set in after prices had edged up in early trading, pushing the SMI index to a new year-high of 1,850.3 points. One trader said a consolidation was needed in chemicals after reoent strong gains. 'Trading
        377 words
      • Article, Illustration
        Untitled
        904 22 Mew York Jdy 3 US$ Aetna Life 52* AJcan Alumin 23 Alcoa 64% Alleg Intl Allied Prd 7* Allied Sig 36% Am Brands Inc 65* Am Cyanamid 59* Am Elcc Pwr 29* Am Express 31* Am Home Prod 52* Amax Inc 25* Amer Info 61 unch Amer Med 7* unch
        904 words
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Page thumbnail Page 23
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Simex to launch Euromark futures by end-September
      361 23 Reuter THE SINGAPORE International Monetary Exchange -(Simex) will launch a Euromark futures contract by the end of September, its new chairman Francis Yeo said. In an interview, Mr Yeo also said he is optimistic Simex will join Globex, a 24hour global trading system
      Reuter  -  361 words
    • Article
      Lock icon Poehl not keen on UK idea
      291 23 AP DEUTSCHE Bundesbank President Karl Otto Poehl said on Tuesday he wasn't enthusiastic about a British counter proposal to European monetary union. Speaking to a committee in the House of Lords, Poehl restated his demand that an independent European central bank be given full
      AP  -  291 words
    • Article
      FINANCIAL FUTURES
      1525 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.84 91.85 91.82 91.83 3109 ***** 4181 Dec 90 91.85 91.86 91.82 91.83 3049 7334 4488 Mar 91 91.82 91.83 91.80 91.81 1538 3151 959 Jun 91 91.67 91 68 91.65 91.66 340 815 252 Sep
      1,525 words
    • Article
      Greenback edges lower in European morning trading
      653 23 FOREX MARKET REPORTS THE US dollar edged lower in Europe yesterday morning, after staging overnight gains and testing the upside in early business. Dealers said the US dollar's rise overnight was mainly due to short-cov-ering, but expectations of lower US interest rates meant
      653 words
    • Article
      INTERBANK FOREX RATES
      401 23 Cross rates 3 USS S$ MS Dm Yen SFr AS NZS USS 1.8310 2.7065 1.6505 151.00 0.5620 1.3965 1.2523 1.6949 SS 0.5461 1.4782 0.9014 0.8247 0.3069 0.7627 0.6840 0.9257 MS 0.3695 67.65 0.6098 0.5579 0.2076 0.5160 0.4627 0.6262 *Dm 0.6059 1.1094 1.6398 91.49 0.3405 0.8461 0.7588 1.0269
      401 words
    • Article
      MONEY MARKET
      578 23 Interbank rates Bid Offer Overnight 7 7 1/4 1-month 7 11/16 7 13/16 2-month 7 11/16 7 13/16 3-month 7 11/16 7 13/16 Overnight mode: 7-3/4 US$ Bid Offer n days 8 1/4 8 3/8 1 month 8 3/16 8 5/16 '2 months 8 3/16 8 5/16 3
      578 words
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  • COMMODITIES
    • Article
      Lock icon Open tin sales get cautious response
      416 24 Bernama THE OPEN sales of US stockpiled tin via the auction system, which began on Monday, brought a bearish cloud over the price of tin, industry analysts said. The US National Defence Logistics Agency (NDLA), formerly the General Services Administration (GSA), resumed commercial sales
      Bernama  -  416 words
    • Article
      M'sian pepper exports fall 20pc
      272 24 A TOTAL of 4,517 tonnes of Malaysian pepper were certified for export for the first quarter of this year, down by 19.8 per cent or 1,115 tonnes against the corresponding period in 1989. The Pepper Marketing Board (PMB) said in its quarterly publication pepper market
      272 words
    • Article
      Lock icon Cocoa grinding on the rise
      134 24 NST MALAYSIA'S domestic grinding of cocoa beans is expected to show a sharp increase this year as a result of several new factories beginning operations in 1989, according to the latest report of the Federal Agricultural Marketing Authority (Fama). Fama forecast this year's grinding to
      NST  -  134 words
    • Article
      Bearish mood drags tin price down another sen
      795 24 REPORTS THE Kuala Lumpur Tin Market (KLTM) drifted further to close one sen lower at M$ 16.04 per kg yesterday on buyers' reserve and poor fundamentals. At the opening of M$ 16.05 per kg, bids were 78 tonnes against offers of 143
      795 words
  • Article
    PRICES
    1357 24 Rubber jm y s S eents/kg Noon Close Int I RSS Prompt 156.75/157.75N 156 50/I57.50N Int 1 RSS Aug 90 157.75/158 25 157.50/158.00N Int I RSS Sep 159.25/159.75 159.00/159 50N Int 2 RSS OP 154.00/156.00N I54 00/156 00N Int 3 RSS OP 149.50/151 50N 149.50/151 50N Int 4 RSS
    1,357 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      725 24 NOTICES JERSEY HOUSE PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) NOTICE Of FINAL MEETING NOTICE HEREBY GIVEN that pursuant to Section 306(1) of the Companies Act. Cap 50 the final meeting of the company will be held at 190 Middle Road #16-03 Fortune Centre, Singapore 0718 on 6th Aug 1990 at
      725 words
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      Page 24 Advertisements Column 2
      399 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PURSUANT TO SECTION 290<2)(b) AND IN THE MATTER OF HUA KEONG COMPANY (PRIVATE) LIMITED At an Extraordinary General Meeting, of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore 0719 on Thursday
      399 words
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      Page 24 Advertisements Column 3
      15 24 Read Charlpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 25
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1066 25 City Flight ETA Flight ETD AJM Dfcahi GA976 0010 SW187 1955 GA890 2240 GA970 2255 fifrittifr SQ225 2215 PI ww in RJ182 1445 RJ183 2320 Amsterdam KL835 1415 KL836 2115 SQ23 1810 SQ24 2200 QF16 1820 GA890 2240 Athens SQ31 0825 SQ24 2200 QF16 1830 0M71
      1,066 words
    • Article, Illustration
      Moving from 'blue' to 'green' tourism
      696 25  -  POSTCARD FROM HUNGARY By David Lewis AMBRUS Ballo stands proudly in his yard. Around him arc his home, a horse and carriage, a stable decorated with farm implements and a tiny cellar to serve as a bar. All he needs is guests. Ballo, 37,
      696 words
    • Article
      MONEY CHANGER RATES
      151 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4680 1.4780 Canadian dollar 1.5610 1.5810 NZ dollar 1.0650 1.0950 Sterling pound 3.2500 3.2800 US dollar 1.8280 1.8380 lx»cal dollars to 100 units of foreign currency Austrian schilling 15.30 16.30
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      92 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel July 12- Property Financing Hilton AIC 03-*****43 July 24 How To Profit From Hyatt AlC 03-*****43 13 Kuala Conference A 25 The Cost Control Aryaduta Conference Lumpur Revolution Hold Jakarta July 12 Effective Marketing Hilton AIC 03-*****43
      92 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      44 25 T, i» -y rhc hu>ini'Nv person's choice tf\cr\ lucnijv. I 4 I Thur%Ja\. Saiunlav ami Sunilav. leaving 1 J I I W hanp \irpOrt at 22:C> hours and arriving H I I -X- A S-JL Heathrow c.irl\ the following morning. (3r) t i i
      44 words
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      Page 25 Advertisements Column 2
      240 25 SEND A COUIXIRY REPORT Mow and then, you send performance reports to your head office or The StaiitsTLmes O princ j,pt!; m ir w» h WEEKLY OVERSEAS EDITION JSfSL 1 Make your report compete with a country report. But don t bother doing MtrimmimwiJiiLrßiWitmjimTßzmvEMm it yourself. Because there's The Straits
      240 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      301 25 1 Splendid native race (5,8) 10 To irritate a six-footer 3 9 11 Encourage the production 10 T j 11 I of meat in a broadcast (7) aIH 12 A country where revolutionaries have a point (4) i2~~ I I 13 Jack remains must be 14 Move carefully among the
      301 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      214 25 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report: Max temp 31.1* C Assoc humidity 73% Min temp 24.4* C Assoc humidity 94% Hrs of sunshine 5.10 Rainfall in mm 2.S Rainfall this mth 6.4 Rainy days this mth 2 World forecast Asia-Pacific Hi/Lo* Cond.
      214 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      37 25 (OG-Rfc OH PGPif?, EXTENDED Mg. FUD&C SMftU. > DO,?J n Qo^&nc d* 1/ <~i y _~k K< fP\ C\Pffr\D MC'S NO"V\ 1 L z: W€LKG-.... H€.'S t v TO R i C EVtHIMO STANDARD CO. LTD, IM2-IMO ft >■
      37 words
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  • Article, Illustration
    Pondok Indah developing residential project in Batam
    366 26  -  By Suzanne Soh INDONESIA'S Pondok Indah Group, partly-owned by Mr Liem Sioe Liong's Salim Group, is developing its first residential project in Batam. To cost some $20 million, the first phase of the ShangriLa Gardens project will be developed by PT Bumi Shangrila
    366 words
  • Article
    Lock icon Gorbachev gives himself a two-year deadline
    364 26 AP MIKHAIL GORBACHEV says that if Soviet citizens aren't better off in two years, the Kremlin leadership should resign. Mr Gorbachev's remarks to reporters, broadcast on Wednesday on national television, were the first time the Soviet president and Communist Party leader had given a
    AP  -  364 words
  • Article
    Lock icon KL plans to upgrade telecom facilities
    150 26 Bernama THE Malaysian government will spend about Msl.s billion on telecommunication infrastructural facilities in the next five years, Energy, Telecommunication and Posts Minister Datuk Seri Samy Vellu said yesterday. He said better telecommunication facilities such as complete cable lines and additional sub-telephone exchanges, would
    Bernama  -  150 words
  • Article
    Lock icon Nato set for pact with Warsaw states, says Kohl
    313 26 Reuter WEST GERMAN Chancellor Helmut Kohl, pressing for full German unification before the end of the year, said yesterday that Nato was ready to bury the Cold War with a joint declaration of peaceful intent with Warsaw Pact members. Mr Kohl,
    Reuter  -  313 words
  • Article, Illustration
    Lock icon Photo of Vincent van Gogh found
    80 26 This picture found on Wednesday in the municipal archives in Dordrecht, the Netherlands shows the famous Dutch painter Vincent van Gogh (left), according to the head of this town's public record office. The picture, made by the Dutch photographer L de Koningh, was probably
    AFP Picture  -  80 words
  • Article
    Lock icon Arms cuts for Western aid
    126 26 NYT PRESIDENT BUSH said on Wednesday that a reduction in Soviet military spending like that suggested by Foreign Minister Eduard A Shevardnadze could open the door to greater economic aid from the West to Moscow. Pausing on the 18th hole of a Fourth of July
    NYT  -  126 words
  • Article
    Lock icon Suharto, Alatas to arrive in Bangkok today
    315 26 AFP INDONESIAN President Suharto, who arrives in Bangkok today for a two-day official visit, is expected to discuss the Cambodian conflict and ways to expand economic and trade ties between the two countries. Officials of the Thai Foreign Ministry said yesterday that Mr
    AFP  -  315 words
  • Article
    Lock icon Johor faces serious cement shortage
    245 26 NST JOHOR is once again facing a serious shortage of cement, according to the Johor Master Builders 1 Association (JMBA). The association claimed yesterday this was caused partly by a breakdown in a cement plant in Singapore. Its secretary, Tan Wee Hiong, said the existing
    NST  -  245 words
  • Article, Illustration
    Lock icon Menteri Besar raps critics of second link plan
    407 26 NST THE SECOND LINK proposal between Johor and Singapore should not be politicised, Menteri Besar Tan Sri Haji Muhyiddin Yassin said yesterday. He said sceptics of the project did not understand its concept or scope and should therefore stop politicising it. The
    NST  -  407 words
  • Article
    Lock icon Philippine budget faces tough ride
    223 26 Reuter PRESIDENT Corazon Aquino's proposed 1991 budget increases spending by 18 per cent but is likely to face a tough ride in Congress as it is financed by new taxes and further foreign borrowing, analysts say. Mrs Aquino and her Cabinet approved on Wednesday a
    Reuter  -  223 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      156 26 JtL Baume Mercier GENEVE 1830 For Sale Transportable Gold Treatment Plant A transportable CIP/CIL Gold Treatment Plant is offered for sale by D J Coates and SAL Fraser acting as Agents for the Mortgagee in Possession of the Assets of Gold Processing Australia Limited. The Plant is comprised of a
      156 words
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      Page 26 Advertisements Column 2
      5 26 The Party's over, Pg 10
      5 words
    • Advertisement
      Page 26 Advertisements Column 3
      48 26 JIL Baume Mercier GENEVE 1830 piamcßPS OFFICE SYSTEM Stylishly finished. Aesthetic and practical. PLANSCAPE-Superbly designed for optimum use of space. 1 V 1 A m u -\f TANGLIN CORPORATION [■m (PRIVATE) LIMITED ■H| 39. Sungei Kadut Street 1. Sungei Kadut Industrial Estate Singapore 2572 Tel: *****81 Fax: *****81.
      48 words
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  • Shipping Times
    • Article, Illustration
      CSX may have direct presence in the Far East
      456 27  -  By Dexter Lee CSX Corporation, one of the largest inter-modal transportation operators in the US, may be setting up its own operations in the Far East following a series of successful cooperative agreements in the Soviet Union recently. These agreements, which
      456 words
    • Article
      Lock icon Consortium proposes HK$ 2b HK sky railway system
      360 27 Reuter A CONSORTIUM of Hongkong and European companies is proposing to spend about HK$2 billion to build and run a light sky railway system. The planned 4.7 km Kowloon Sky Rail link will run from east to west across Tsim Sha Tsui,
      Reuter  -  360 words
    • Article
      World-Wide plans systematic tests for drugs and alcohol
      191 27 HONGKONG-based WorldWide Shipping will soon introduce a systematic alcohol and drugs testing programme for all its ship staff, in both the bulk and the dry cargo fleets. Helmut Sohmen, chairman of World-Wide, said World-Wide was determined to help fight drug and alcohol
      191 words
    • Article
      Lock icon Lufthansa to invest 10 billion marks to expand its fleet
      207 27 Reuter DEUTSCHE Lufthansa AG, West Germany's statecontrolled airline, plans to spend up to 10 billion marks by the end of 1992 to upgrade and expand its fleet, board chairman Heinz Ruhnau said. Lufthansa expects to add 66 aircraft to its
      Reuter  -  207 words
    • Article
      Lock icon Narita still the world's most expensive international airport
      345 27 FT NARITA AIRPORT remains the most expensive international airport in the world from which airlines can operate, according to a report on airport charges by the TM Economics/Avmark group. The next most expensive are Newark in New Jersey; Manchester, England; and Oslo,
      FT  -  345 words
    • Article
      Cargolux to resume operations in Malaysia
      371 27  -  By Othman Abu Bakar CARGOLUX, Europe's largest all-cargo airline, will resume its Malaysian operations on Tuesday after a nine-year break. The weekly flight, using a 8747-200F which can carry up 100 tonnes of cargo, will leave Kuala Lumpur international airport every Tuesday. It was
      371 words
    • Article
      SSE wins high-speed catamaran ferry contract
      277 27 SINGAPORE Shipbuilding Engineering has made a breakthrough into the high-speed catamaran ferry business with a contract to build a 250-passenger vessel for a ferry service between Hongkong and China. Upon the buyer's request, SSE, a member of Singapore Technologies, did not disclose who ordered
      277 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Mitsui to form air cargo venture in Thailand
        52 28 MITSUI and Co Ltd plans to set up an air-cargo joint venture in Thailand later this year with Airborne Freight Corp of the US. Other details, including capitalisation, have not been decided yet, a Mitsui spokesman said. Mitsui sells used freight planes
        52 words
      • Article
        Indian line invites tenders
        53 28 THE STATE-OWNED Shipping Corporation of India is inviting offers for the construction of 1,450-container vessels through an international tender. No details were given on the number to be built. The shipping line is also inviting offers to build 140,000-deadweight-ton tankers. Sources said up to six vessels
        53 words
      • Article
        Mitsui Osk buys Dutch firm
        81 28 MITSUI Osk Lines has bought Wassing B V, a land transportation, freight forwarding and warehousing firm in The Netherlands. The purchase for an undisclosed amount was made through Mitsui subsidiary M O Logistics Netherlands B V, a Mitsui spokesman said. The Netherlands-based M O Logistics
        81 words
      • Article
        US container-rental tie-up
        54 28 US-BASED Textainer Equipment Management last month joined forces with two other American companies to set up a new container rental company. The new set-up, A QuikSpace, is also owned by Quik-Space and Storage Containers. It currently owns 1,000 containers and plans to grow assets under management to
        54 words
      • Article
        Pan Am gets new Airbus planes
        70 28 PAN AM Corp said it has received two new Airbus Industrie aircraft, bringing to 34 the number of Airbus aircraft in Pan Am's fleet. The new A3lO-300s, powered by United Technologies Corp's unit Pratt and Whitney's PW 4000 engine, are configured with 12 first-class
        70 words
      • Article
        Container vessels collide
        61 28 THE container vessel La Fayette, 22,842 dwt, bound for Antwerp from Bremen was in collision with the Kamilla, 2,785 dwt bound for Rotterdam from Antwerp, Lloyds Shipping Intelligence said. The collision was near Konijnenschor, buoy 65, and the La Fayette ran aground off buoy 62. La Fayette
        61 words
      • Article
        China clamps down on medicine
        103 28 CHINESE customs authorities have decided to limit unofficial exports of traditional medicines to end a flourishing trade of the often-rare products, the semi-official China News Service said. New customs rules, which came into effect on July 1, prevent persons leaving China for Hongkong or Macau
        103 words
    • Article, Illustration
      Lock icon AT&T hanging on to manufacturing
      857 28 Some analysts wish that in the face of weak equipment sales, AT&T the world's largest producer of telephone equipment would sell its manufacturing business and focus on long-distance service. But AT&T says it has no intention of leaving the equipment business. NYT A GENERATION ago,
      NYT  -  857 words
    • Article, Illustration
      Lock icon TNT expanding into new territories
      663 28 FT TNT, the Australian transport multinational, last year learned the full cost of dependence on a workforce that owes the group no direct allegiance: aircraft pilots. Strike action by Australian pilots during 1989 grounded thousands of delivery flights and contributed to a 41 per cent
      FT  -  663 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      495 28 CartMn ljtoot July 2 DwwtrWater ftwidw Wi Hmw+m U4mm* D—KyW«t« tattw fa» I M/M Euoo "fV RG/IT3* V/V M/M M/M PPM method KG/M*3* V/V M/M M/M PPM MdHHl ISO C«?uc fcrfti soec E25 ***** 150 OH) 30* 0.10* Eastern USA 180 Ave 9820 5 13.7 0
      495 words
    • Article, Illustration
      Freight Management
      929 36 Towards a fully integrated, value-added and comprehensive distribution and transportation service Freight management Pte Ltd, Singapore (FMS). was established in July 1976 to provide cargo handling and forwarding services. In the initial years. FMS focused on the local market and provided serv ices such as ship stevedoring, custom
      929 words
    • Article, Illustration
      Message from the managing director
      193 37  -  Beh Weng Yam THIS YEAR, on our 14th Anniversary, we mark the completion of our Asean link with trie opening of our Indonesian office this month. For the fiscal year ended June 30, 1990, FMS continued to record improvement in its performance. While much remains
      193 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        628 43 hatt %Hi Barlh km* Dapartae Vassal No Barth km* Papartaa wtunNM Tw 07/90 P20 alongside 05.07/1530 VI" uy (K07/n«*) M/ 90 P2 06.07/0730 0707/0600 5/90 IS 0707/2300 Bad. tong 8 2/90A PIC 06 07/2330 07 07/1200 *»4 K33 06 07/0600 10 2/9W PlC *07/1130 06 07/2300 32/90
        628 words
      • Article
        CONTAINER SCHEDULE
        1191 43 RECEIVING Of EXPORT FCL CONTAINERS AND La CARGO Record Wh Si 1 SNp Voy No Period From To From P of UuBai Space Ad Goncharov 18SI90 2 05/1700 06/0659 06/0900 3 06/0700 06/1159 06/1400 N Ahmadiah 64 3 06/0700 06/1159 06/1400 4 06/1200 06/1459 06/1700 PI M Shamiah
        1,191 words
      • Article
        IN MALAYSIAN PORTS
        310 43 Pft Kl—f South Port on My 5: Aditya Vaishav berth 2; Million No 3 berth 4; Meiaka Jaya berth 7A; Petro Vantage berth Jetty She*; Petro Mewah berth Jetty SheN KCT: Anro Australia berth 8; Anson berth 9; Maersk Fair berth 10. North Port Songnm berth 11;
        310 words
    • Article
      DAILY FREIGHTS
      887 43 CHARTERING on the dry cargo freight market on Wednesday was at generally steady rates and sentiment was that rates now appear to be bottoming out, brokers said. The Baltic Freight Index fell by only two points to 1,073 at the midday fix. Sentiment was turned around by an
      887 words
    • Article
      Lock icon India's Feb crash: Probe clears A-320 aircraft
      301 44 AFP AN INDIAN government-or-dered probe into the first crash of a commercially operated A-320 has vindicated the high-tech aircraft of fault in the accident. The submission of the enquiry panel's final report was followed this week by a decision by the government to
      AFP  -  301 words
    • Article
      Data-ship unveils new series
      83 44 SHIPPING SOFTWARE specialist Data-ship (HK) Ltd has unveiled the first in a series of packages designed for the IBM AS/400 hardware. The new generation of shipping software will cover a full range of ship management applications, including accounting, budgeting, crew management, chartering and purchase order tracking
      83 words
    • Article
      HK to pass two bills to seal loopholes in current rules
      145 44 THE HONGKONG government has gazetted two bills aimed at improving existing ordinances relating to shipping. The Merchant Shipping (Safety) Amendment Bill 1990 and the Shipping and Port Control (Amendment) Bill 1990 are expected to be introduced in the Legislative
      145 words
    • Article
      Lock icon Venezuela plans US$ 5b expansion
      114 44 AP VENEZUELA plans to launch a US$5 billion expansion of its petrochemical industry over the next six years, aimed at tripling production, the president of Petroquimica de Venezuela (Pequiven) announced on Wednesday. Most of the plans will require hefty foreign investment. Among the projects is
      AP  -  114 words
    • Article
      Lock icon Cost-cutting moves help Swissair to raise profit, volume
      223 44 Reuter COST-CUTTING measures introduced by SwissairSchweizerische Luftverkehr AG to reverse a slump in business in the early part of the year are starting to bite, the airline said. Swissair froze new hiring, restricted staff travel and expenses and began to review routes
      Reuter  -  223 words
    • Article, Illustration
      Thai Airways presses for checks on US airlines
      405 44 THAI AIRWAYS has for the first time officially thrown its support behind the government's policy to press for restrictions on American carriers' fifth-freedom rights. Without restrictions on the rights to pick up passengers along the Far Eastern routes, it fears its market
      405 words
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      279 27 BSWff HENG METAL CO PTE LTD 13 TUAS AVE 14 SINGAPORE 2263 TELEX RS ***** SMMCPV TEL: 861 SSSSISknM) TELEFAX: Ml 2W« tnU BH Torqw iro irotr UALAtttA Converter THAILAND. IMXJKMH 1 IPG rmiirrmta !!vmZa*l C«n«»n« M«n««r» and Sfcilte tivvm Wa>«tYX>M Tfucfc» Caxan*' "*rm PiM True*# Ml rtnui'tpo BRITISH DESIGN
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      Page 27 Advertisements Column 2
      28 27 Contaner Schedule H Daily traghte 17 Index to Advertisers 3 Shippng Gurfe 10,11 Ships m Port H Singapore Tries 17 Veritas report t Weather and Sea Conditions 17
      28 words
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      170 28 APPQtJTMENT Chinese Seaman recruiting centre looking for employer in Singapore. We joint venture with China Seamen Corp., and able to despatch Chinese crew for cargo vessel or fishery boat. Please contact "TRUE DRAGON IND LTD" HK CTC: BARRY CHONG TEL: 852-*****39 FAX: 852-*****24 SP CTC: ABLE CHAN TEL: 224 5290
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      Page 28 Advertisements Column 2
      49 28 HAVE A CONVENTIONAL VESSEL ACCEPTING BREAKBULK CARGOES ETA SPORE 18TH JULY '90 FOR: ADEN TRIPOLI (LIBYA) FOR BOOKINGS PLS CONTACT ARTHUR KHOO/CAROL SOON/CAROL SEAH AT *****11/*****07/*****21/*****28 AGENTS B BORNEO SHIPPING PTE LTD MAS BULDWiG il W3*>7 10 SHENTON WAY. STORE 0207 ■I*'" TLX. RS ***** CABLE SHIPBORNE FAX *****88
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      Page 29 Advertisements Column 1
      2176 29 7 JARDINE SHIPPING AGENCIES %«l|## 200 Cantonment Road #12 06 Southpont, Singapore 0208 AllVFr *****11 telex no rs ***** ■rcTTTmva terminal/cfs t«i *****1s 220 fflftftfl bookings t«i *****34 23s VA*# PESAKA JARDINE SHIPPING AGENCIES BHD PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL
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      Page 29 Advertisements Column 2
      1201 29 INDEX TO ADVERTISERS rr* 1 J Madju Sdn Bhd (6 1/2 I J Maersk Line 3 4/5 ABC Containerlinc 13 5 frc !J Accord Shpg 8 1-3 M SC OL l \'l Albatros Sea-Air 14 5 Msia Shpg Corp 9 1/2 Alfred C Toepfer 15 5 Mendelssohn 5 1/2 Ahrenkiel
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      Page 29 Advertisements Column 3
      2326 29 V«M*I Voy ETA ETD "Port 'Panang mwm destinations Tn« »Mt Mam.uM M 9006 closing TMn* FM» t>y cv io* 7 0400 mrs m farco t CFS W! 1800 M«S M Tfturo OAK LQB MOO MEM ATI MIA CMS BAL PML NYC MOW TO* MATMILOt M 9006 10/7 |11/7 SW Tfl
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      Page 30 Advertisements Column 1
      1116 30 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HONGKONG EXPRESS 95/577 8/7 30/7 24/7 26/7 23/7 29/7 LIVERPOOL BAY 99/581 8/7 25/7 27/7 30/7 KASUGA 10/580 12/7 8/8 31/7 2/8 30/7 5/8 TOLAGA BAY 10/584 15/7 1/8 3/8 6/8 CARDIGAN BAY 96/583 19/7 13/8 7/8
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      Page 30 Advertisements Column 2
      493 30 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT CAP£ MALEAS 6#'7 20/7 27/7 Also accepting cargo to Lautoka via Suva DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 6/7 12/8 13/8 17/8 Also accepting Cargo to Callao (Peru) via Valpa Aoenta- (sTsfiH/Niffl SINGAPORE: *****56 BOOKINGS: *****00 VS. JAYA: 03-*****25 JOHORE:
      493 words
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      Page 30 Advertisements Column 3
      1378 30 DSnrnMSMM &BSB REGULAR INDEPENDENT FULL CONTAINER SERVICE westb6und f6r eur6pe t t VSL/VOY SIN CLM ALG BCL PEL HAM BRE ROT ANT LHA (VIA (VIA (VIA ALQ HAM) ROT) NORASIA SAMANTHA 9018 3 06/07 10/07 27/07 29/07 01/08 03/06 04/06 05/06 06/06 07/06 NORASIA SUSAN 9019-3 13/07 17/07 03/06 05/06
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      Page 31 Advertisements Column 1
      1732 31 SfljgSteamers Maritime Holdings Ltd Containers Voy No P Klanf s port S ton HW| B'kavaaß'tfaai Uk ACCEPTS DUE SAILS MONGKONbEXP 9W7 »Tot-B/7 DM7 01* 2V® 1W 23*7 11*7 CARGO JJ2J luSw W> Wt UJO Kl» X«M MERCURY JADE VObE Kuch. Bint. Wri Daily »M W ?SiAY WW *BAN-W7 IVW Sua
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      Page 31 Advertisements Column 2
      1649 31 TO: EUROPE TO: FAR EAST SP LM ROM HAM B'MVN FIX SPORE MK RAO KOB BU CHOYANG CHANCE 04IW 7/7 2S/7 M W 2*7 30/7 CHO YANG PARK OOCE 1/7 12/7 13/7 11/7 11/7 HANJIN LEHARVE 000# 14/7 1/1 2/1 3/1 S/t i/t HANJIN OAKLAND OOBE IC/7 IV 2*7 23/7
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      Page 31 Advertisements Column 3
      24 31 S PORE LOAOMO FOR MORA SS7/W PHNOMPENH/KOMPOMOSOM NMA 1/7/90 HOCHIM MH/V UNQT All SELM SHIPPING TRADING PTE LTD TEL: 2255C73 TLX: RS2US7 FAX: 224M4*
      24 words
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      Page 31 Advertisements Column 4
      332 31 STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC VOUNC CHAMPION PIONEER SOLDIER TRADER VOY NO 6 7 10 •S'port Sailed 13/7 17/7 P. Kelang In Port Penang Hong Kong Yokohama 27/7 Nagoya 24/7 Osaka Sonboku Kashima HochWninh •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG,
      332 words
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      Page 32 Advertisements Column 1
      653 32 A Joint Europe Service Of: r.T. UJUUITA UOYD tX. 6ESURI LLOYB rx siumem tnomstA twkwalloyo CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE Wt/VOY S'POUE R OAM/ H'BURG BRUKN ANTWERP ADAM SRIWIJAYA/nwß 20-24/7 1M 23/1 2W 30fl S. PANJANC/2MB 2W-31/7 27/» 1/9 4/9 1/9 KUTAI/20WB 2-ifi 2/1 sfl Iff U/l FAST TRANSIT
      653 words
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      Page 32 Advertisements Column 2
      781 32 HANJIN SHIPPING i W FULL CONTAINER SERVICE S pore LeHavre R dam H'burg B'Kaven FKerne FEEDER VSL SIN LINE HAUL LAX CHOYANG CHANCE MM 9/7 2V7 26/7 27/7 29/7 30/7 CMOVANG PARK ONE 8/7 N. lUSAN IKE HANJIN LE HARVE OOSW 14/7 1/8 2/8 3/0 5/1 6/S HANJIN OAKLAND 8881
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      Page 32 Advertisements Column 3
      1389 32 —I T o»J 1 —j *fji lii* a lit '-a i PKL SGP HKG KSC KLC PUS HKT OSK SM2 TYO BAL NYC LHV AN* ROM FIX NBC SCP I ever gleamy ip up up 27* *y» m m ifi i/i i«i vu EVE* GROWTH 10/7 17/7 2*7 23/7 27/7
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      Page 33 Advertisements Column 1
      1806 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0G) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE-*****16 mm AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE-*****48 TERMINAL: *****22 DOCUMENTATION: *****44/*****14 11V CFS: M 2 IMPORT: *****69/*****50 CFS:M2 EXP0RT:*****53/*****04 NEPLINE SON BHD MALAYSIA K.L-*****33, P. Ketang-*****87, Penang-*****0. J. Bahru-*****3, *****4 PTINTI TRIDENT NUSANTRA INDONESIA Jakarta
      1,806 words
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      Page 33 Advertisements Column 2
      1178 33 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 WgtlS WIMt S*** NHOwT VQYAg SPORt HUAM6 H»UtC IMAVtW TMJUHT IWTT AWTWIRP K. KOaOVSKIY MB> SM SIC SM
      1,178 words
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      Page 34 Advertisements Column 1
      1594 34 J K line KAWASAKI RISEN KAISHA. LTD. I tXPOtn N. AMKAICA PACIFIC SOUTH-WEST I t mPOKT N. AMEJtICA PACIFIC SOUTH-WEST I I FEEDER VESSEL SGP VOYI^^^KCWN! I QUEEN'S WAV BRIOGE 03 5/7 6/7 7/7 GEORGE W BRIDGE 38 2*7 1/8 3* 5* U MAC INAC BR?OGE 36 Ml U i«6
      1,594 words
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      Page 34 Advertisements Column 2
      1181 34 PHILI-ORIENT LINES PTE LTD S2 (The Complete NVOCC Package) JULY MONTREAL OTTAWA, TORONTO, VANCOUVER, SWESTERN ONTARIO. JULY u'lKrAT o 'rahrai'n*AßnnHiSJ LONDON^THUNDER WINNIPEG, 1? Mil V cuiDiAu BAHRA,N ABU DHABI REGINA, SASKATOON, JULT SHAKJAM CALGARY, EDMONTON, KELOWNA, j 111IW KAMLOOPS, VERNON, PENTICTON 13 JULY COLOMBO, KARACHI, BOMBAY, AND ALL INLAND bESTINATIONS
      1,181 words
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      Page 35 Advertisements Column 1
      1634 35 (hipping Times, Friday July < It— PACIFIC INTERNATIONAL LINES (PTE) LTD mSSSSSSE Ml m/ BKK pil Building, 140 Cecil Street *****, Singapore 0106. I JAKARTA I I BANGKOK VESSEL WWw JKT SM VESSEL VOV SIN BKK 9M EDEN 9020 9/7 9/7 13/7 PEGASUS PROGRESS 924N 7/7 10/7 14ft DELTA MAS
      1,634 words
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      Page 35 Advertisements Column 2
      1154 35 BEN LINE CONTAINERS LTD A 200 Cantonment Road Tel: *****22 #13-05 Southpoint m V_m Fa* l *****63 Singapore 0208. Telex: RS ***** W EXPRESS CONTAINER SERVICE TO UK/CONTINENT ESSEL |VQY SPORE PKLANG SHAMPTON) HAMBURG B'HAVEN ROAM L'HAVRE ong Kong Express 95/577 6/7 31/7 26/7 25/7 23/7 30/7 iverpool Bay 99/581
      1,154 words
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      Page 35 Advertisements Column 3
      243 35 MYANMA IBS* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'porc P.K«lang Pw PAGAN VISS V JUL HP A-AN VIHW Wit JUL MERCUI VIOWT a/17 JUL ■YOMAYWA VI2W 21/31 JUL THE BANK UNE (A Mrvlct ot Andrew W*tr Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CARABHI TV I I EXPRESS
      243 words
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      Page 36 Advertisements Column 1
      247 36 coxaRATVIATIONS TO I t f w~ wt» Sm I-and m Freight Management (Malaysia) Sdn Bhd Jl ;> m ,ew h 200 Cantonment Road #C m 38 Lorong Cempening, 4200 Port Kelang, Selangor, W. Malaysia. pi *orwarder CO., Ltd. Southpoint Building m Tel: *****98, Fax: *****88 Ijf Singapore 0208 H x/-.
      247 words
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      Page 37 Advertisements Column 1
      343 37 ONB TO Freight Management Pte. Ltd. 11 II P i 11 PT. Maskapai Pelayaran if If I v If SH! II |WSS^ s ,m li RriohTv I Sfe« ll II EAC-PNSL SERVICE l| Gaoaral/tenia.-. j 11 Forwarder Co Ltd 1 200 Can,omnen, Road .05-03 i Shipping Services g Bakke Ltd
      343 words
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      Page 38 Advertisements Column 1
      653 38 /J|gp_Sß LlhESjp^ INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBC RST E THAELMANN 4/90 In Pt 30/7 30/7 1/7 2/7 ATLANTIC SEN WTO2S 14/7 M 7/1 M 10/1 N PIECK MO 19/7 13/» 12/1 14.1 IS/I PARIS SEN
      653 words
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      Page 38 Advertisements Column 2
      1510 38 roc COKVPmONAL MKKVICm Vnul P KLC PNC PC. Lm4m| for A VESSEL m Rott«rd*n/Antwerp CHP4A FULL CONTAWEK IHVICT Vmml PKL PNC SPORE BKK HKG SHA QtN LYC SHANG CHENC 121 21/5 23/5 27/5 4/» 1/6 YANG FANG KOU 129 31/5 29/5 4/f 12* lift Accepting FCL Ciffo for all other
      1,510 words
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      Page 38 Advertisements Column 3
      259 38 1 P DOWOWftMA u*m\ SPO«E PKL PNC HKC INC BSN SINGAPORE CI OPT VOK I Jul 17 Jul 1» Jul MALAYSIA GLORY VOtt 11 Jul Jul 10 Jul Jul 22 Jul MAI YINC WO7 IS Jul It Jul N Jul 21 Jul OCEAN CROWN VW) 21 Jul Jul 31 Jul
      259 words
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      Page 38 Advertisements Column 4
      614 38 POSEIDON CONTAINER Y? (J\ TRANSPORT GMBH HAMBURG V" SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA TRANSSIBERIA SERVICES ACCEPT TO A FROM INLAND DESTINATIONS CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SIN 9/7 20/7 25/7 31/7 (VIA ILYICHEVSK) IRAN Djulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) EASTERN/CENTRAL FAR EAST EUROPEAN PORTS SINGAPORE
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      Page 38 Advertisements Column 5
      567 38 Ngo» m Agenc Co Lta BKK *****80) Sirn BHUM* 4>4N S«t 7/7 Tim U<l PIYA BHUM Z32N Sun tp UP HAHA BHUM# ITU Wad 11/7 Set UP MEKHANIK KUBAKO 17N Wed 11/7 Set 14/7 SHI BHUM# ggl_ Fri 117 Men M/ 7 PITA BHUM 233N Sun U/7 Wad 11/7 MAMA
      567 words
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      Page 39 Advertisements Column 1
      332 39 CALCUTTA DIRECT SIN CAL SUSAK 97 CNB 10/7 16/7 TIGER RIVER 98 CNB 14/7 21/7 SUSAK 99 CNB 24/7 1/8 TIGER RIVER 100 CNB 30/7 6/8 (Conventional Service) ETA S PORE LOADING FOR BANGUR KALLOL 15/7 CTG, MONGLA BANGIAR PROGOTI 19/7 S KOREA, JAPAN ETA S PORE LOADING FOR MV
      332 words
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      Page 39 Advertisements Column 2
      534 39 (f&ll RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Liiwa) gZm FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Llnea) T\ ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY ETA LOADING FOR SPORE ABBAY WON 2 25W8 2SDB DARESSALAAM MOMBASA DJIBOUTI ASSAB
      534 words
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      Page 39 Advertisements Column 3
      789 39 taj.P T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDCR SERVICE TOICE-WEEKLY/WKKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORE, INDONESIA. MALAYSIA THAILANO ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 tmoAPOViE Indonesia service VSL VOY SIN JKT PAJ SIN
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      Page 39 Advertisements Column 4
      1335 39 r wtl Sa 1 5? CHINA OCEAN SHIPPING COMPANY 2. MISTRI ROAD, KMC BUILDING jrt *****00 S'N^TO^ 07 FULL CONTAINER LINER SERVICE telex: rs aaao cosmip CR NO 117t7HuuuuM *****(6 General Agents: COtTAA MtfWWP PIS LTD CABLE costarline mmnmn VESSEL/VOY SCP fU ROT NAM ANT Q*K VESMUVOT ru ROT HAM
      1,335 words
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      Page 39 Advertisements Column 5
      137 39 TO AUSTRALIA NEW ZEALAND lIUSUI H2 z>H 5 w u* u» m c vcmuk s ~~a S» 55 55 5» 5» mmmii oT a 5 55 5» "55 iw w» tut upttss mwS 55 55 "55 u/» 1* DATS TO SYDNEY! TO USA/CANADA ya s»i^ip«rl |W Otlmw [CliTHrtw MwlKelphii Hjlttii
      137 words
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      Page 40 Advertisements Column 1
      1209 40 MAC-NELS SINGAPORE [""iff TEL mtm 1 I»h«T til TEL: (04) *****6 '.TEL: (088) *****0 TAWAU TEL: (0891 *****9' KELANG TEL: (03) *****77 |<ijCHING'TEL: (082) *****3 SKAN TEL: (089) *****2 I -f\-/\"I J BAHRU TEL: (07) *****2 |SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9| X JAKARTA TEL: (21) *****7 |MEDAN
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      Page 40 Advertisements Column 2
      381 40 BLUE STAR LINE ISINGAPORE TO J NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. Pit AUCK IVT MANOAMA 0576 14 Jul »JM NPL 2* Jul
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      Page 40 Advertisements Column 3
      1177 40 /ffITHONG SOON LINES PTE. LTD. 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 SINGAPORE TO SABAH ma hwr leti Inn una m In» *w KIM SOON LI 27/90E 7 JUL PENANG JENHOL 10/90E
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      Page 41 Advertisements Column 1
      651 41 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* 4 OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang P. Kelang Singapore KAMALCVERETT 15/16 Jul 17/11 Jul THOHASEVERETT 27/21 Jul SHAPLAEVERETT 11/12 Aug "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
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      Page 41 Advertisements Column 2
      606 41 FCL/LCL cargoes to USA East 8 West Coast, Carrlbbean.East Canada, HAITI Guatemala and HonAiras VSL [S PORE iMAINLINER [LAX EST hAV |WYC |HFX A VESSEL 7/7 ZIM SAVANNAH W M 11/1 W 15* LEEWARD 15/7 ZN TOKYO U0 Hjt V* W/l W» im TRIESTE 11/7 ZIM TOKYO IS/I 2U 17*
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      Page 41 Advertisements Column 3
      684 41 SIN 6 KWANG HANGI ■■Mia tiuuwoiitatxw irTt) ltd WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 8/7 11/7 I JENWEL 9TT I 12/7 VESSEL S PORE BANGKOK A VESSEL 8/7 IV7 I A VESSEL 10/7 I 12/7 DESTINATIONS ETA SINGAPORE PORT KELANG 14 JULY MANILA 10 JULY HONG KONG.
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      Page 41 Advertisements Column 4
      533 41 'ERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA i VESSEL VOY SPORE JKT S'BAVA PELOPOO 949 7/7 10H TANTO SEJATI 01 11/7 14/7 PELOPOR 950 14/7 17/7 TANTO SEJATI 03 18/7 21/7 TANTO UTAMA 87 11/7 14/7 TANTO UTAMA 89 19/7 22/7 TANTO UTAMA 91 27/7
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      Page 41 Advertisements Column 5
      377 41 SIM POJAJI 8/7 KEELUNG/KAOHSIUNG 8/7 BANGKOK 7/7 MANILA/CEBU 7/7 JAKARTA/BELAWAN/SURABAYA 7/7 PORT KELANG/PENANG/E. Malaysia 7/7 BUSAN 7/7 TOKYO/YOKO/KOBE/NGO/OSA 8/7 HONG KONG also accepting cargo to Huangpu/Shenitiw/Fuzhou/ Xiamen/Xingang/Shanghai SIN EiMPt/H 7/7 LDN/FLX/LVP/SOU 7/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgaria/Czech. SIN USA/CANABA 9/7 LOS ANGELES/NEW YORK all IPI points
      377 words
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      Page 42 Advertisements Column 1
      569 42 r~s~\ PLATOU PACIFIC V SHIPPING SERVICES V NEOULAR PAR (AIT N. AMERICA BREAK MILK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: *****59 HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 27/07 JAKARTA 29/07 SURABAYA 01A* LOS ANGELES 22/07 03/09 OAKLAND 27/07 09/09 VANCOUVER B.C. 30/07 13/09 Gtoneral Agents: ANGLO
      569 words
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      Page 42 Advertisements Column 2
      345 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B.M.T V.IICW9O Sailed 26/7/90 27/7/90 2/8/90 I.Y Vll-90W 11/7/90 3/8/90 23/7/90 29/7/90 K.V.U V.12CW90 15/7/90 10/8/90 11/8/90 16/8/90 Y.M V.12-90W 25/7/90 23/8/90 14/8/90 18/8/90 A.N V.13-90W 14/8/90 8/9/90 29/8/90 3/9/90 MB V.13CW90 31/7/90 21/8/90 22/8/90 27/8/90 B
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      Page 42 Advertisements Column 3
      243 42 i IpMADKRIS BUSINESS IPSm CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME M.V. DAGOHOY' 07/90 810 JULY MNL/BISLIG M.V.'DAGOHOY' 08,-90 22 24 JULY MNL/BISLIG TBN IST AUG ILIGAN/BISLIG GENUAL ACT CALBOURCE SHIPPING ft TRADING PTE LTD. S3 ROBINSON
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      Page 42 Advertisements Column 4
      491 42 SSwr?^— PENANG KL: allied-LINK SINGAPORE: /g^N 04-*****2 09-*****55 778 6522(22 lines] SEE&, \f IMm ONfl tow CMm ANc* YmMwc Y« INBOUND SERVICE FM USWC/EC/GULF SIN BXK ENCOURAGEMENT 012 17-20 Jul MERCURY RIVER 014 01-02 Aug 05-07 Au| KONGO MARU 016 14-11 Aug 21-22 Aug ACCEPTING H/LIFT CARGOES TO BKK FCL/LCL
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      549 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOIK 0000 0100 0200 0300 0400 0500 0(00 0700 0100 QMQ******************** *****C0Q*****H01JOO 2000 2110 2200 2300 ft 12 18 13 10 07 06 07 09 1.2 1.6 1.9 2.1 2.0 1.8 1.5 1.3 1.2 1.2 1.4 1.8 12 2.7 2.9 25 5
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      Page 44 Advertisements Column 1
      326 44 CHARTPOINT Every Saturday in Business Times 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 PALEMBANG P. BAHRU JAMBI TBN 30/6 INDONESIA COLOMBO
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      Page 44 Advertisements Column 2
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      Page 44 Advertisements Column 3
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