The Business Times, 2 August 1990

Microfilm: NL17094
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times 75* MCI (P) 170/12/89 Thursday August 2 1990
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  • NEWS SUMMARY
    • Article
      China's premier to visit Singapore, says news agency
      68 1 CHINESE Premier Li Peng will visit Singapore on Aug 11 following talks on the setting up of diplomatic relations between the two countries, the official New China News Agency reported yesterday. The agency, quoting a Chinese Foreign Ministry statement, described Mr Li's
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    • Article
      Wearnes on the move
      25 1 THE WEARNES GRpUP is making strong inroads into the personal computer market in the Philippines as well as Malaysia. Page 2
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    • Article
      River plot for sale
      29 1 THE THIRD and last piece of conservation land along the Singapore River is on the market with a floor price of $41 million Page 2
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    • Article
      Thais uncover scam
      32 1 THE THAI Interior Ministry claims to have identified 10 major real-estate investment companies that are 100 per cent owned by foreigners, a contravention of an ownership by-law Page 7
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    • Article
      Shortage amid plenty
      23 1 MOSCOW is piling up a record harvest, but much of the grains and vegetables are expected to rot Page 9
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    • Article
      Chinese investment up
      34 1 INVESTMENT in China's state-run industries climbed 4.2 per cent in the first half of this year as the government eased austerity measures aimed at cooling off the overheated economy Page 9
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    • Article
      Green light for drug
      34 1 AN ADVISORY committee of the US Food and Drug Administration has recommended that the first drug shown to work against a common viral hepatitis be approved for marketing. Page 15
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    • Article
      More trouble for BOS
      35 1 THE FINANCIAL problems which have been dogging Baltic Orient Shipping have landed it into another dispute, this time with a group shippers and freight forwarders in Singapore. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      36 1 WALL STREET STOCKS were mixed yesterday as investors studied new signs of sluggishness in business activity. The Dow Jones average of 30 industrials rose 5.44 to 2,910.65 in the first hour of trading.
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    • Article
      Footsie higher
      38 1 SHARE PRICES were higher at midday yesterday, helped by gains in oil shares and some strong futures activity. At midday, the Financial Times-Stock Exchange 100-Share Index was up 13.3 points, or 0.6 per cent, at 2,339.5.
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    • Article
      SSL profits up
      41 1 THE BUOYANT property market saw Straits Steamship Land report a 22 per cent rise in net profit to $12.64 million for the interim period ended June 30, against $10.36 million for the same period last year Page 3
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    • Article
      Jakarta venture
      26 1 THREE financial institutions from Singapore have formed a joint venture with two Indonesian parties to establish a stockbroking and underwriting in Jakarta Page 3
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    • Article
      ABC gets China deal
      31 1 THE SINGAPORE branch of Arab Banking Corp has won a mandate to arrange and leadmanage a US$2O million syndicated loan for China's Fujian Investment Enterprise (Holdings) Pi«e6
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 811.43 +1.96 Kuala Lumpur 632.22 +1.93 Hongkong 3,468.64 30.15 Tokyo 30,837.99 -197.67 Sydney 1,586.9 +14.2 Twaday Change New York 2,905.20 -12.13 London 2,326.2 +9.70
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    • Article
      CURRENCIES
      17 1 Exchange rates US$ S$ 1.8050 Yen SS1.2321 M$ SS0.6693 Overnight 4 +3 1/2 3-month 7 3/16
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    • Article
      COMMODITIES
      31 1 London Qold PMfix US$370.65 -US$1.65 154.25*/kg -0.50 M'sia Sep M232.50 Vkg -0.50 KL Tin Turnover48 tonnes -22 Spot M$l6.40/kg +0.19 CnMi pain oil Turnover 853 lots +262 Aug..... M$672.50/tonne +2.50
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  • Article
    Singapore's stake in US property on the rise
    452 1  -  By Chuang Peck Ming THE SINGAPORE government was a big investor in American real estate last year, according to the US Department of Commerce. "The Government of Singapore made several real estate investments, including a sizeable one in California," it said in
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  • Article, Illustration
    Lock icon Local dollar hits new high against greenback and ringgit
    330 1  -  By Quak Hiang Whai THE SINGAPORE dollar yesterday touched a record high against both the US dollar and Malaysian ringgit, following the continued weakness of the American currency. In Singapore, the American unit fell below the SSI.BI level for the first
    Charts by TeleTrac  -  330 words
  • Article
    Lock icon US creditors reject Bond offer
    197 1 Reuter THE FUTURE of Australia's crumbling Bond Corp hangs in the balance after US creditors rejected the group's latest offer to buy back US$5lO million worth of bonds. A spokesman for a committee representing about 70 per cent of the creditors said in Sydney yesterday
    Reuter  -  197 words
  • Article
    Terengganu a good place for investment, says SMA chief
    406 1  -  SMA mission to Terengganu From Shoeb Kagda in TERENGGANU BOOSTED by the discovery of oil and the establishment of a steel industry, Terengganu has developed the infrastructure necessary to support a manufacturing base, said the president of the Singapore Manufacturers' Association
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  • Article
    Lock icon Jakarta to broaden T-bill market
    168 1 Reuter INDONESIA wants to sell treasury bills to a wider range of people in a bid to suck money out of the banking system and cut rising inflation, central bank governor Adrianus Mooy said in Jakarta yesterday. But bankers said interest rates would have to
    Reuter  -  168 words
  • Article
    Hostile bid for two Evergo companies
    482 1  -  Froa Catherine Ong in HONGKONG TAIWANESE-BACKED interests have finally launched a HKSB.62 billion (Ss2 billion) hostile bid, the biggest in Hongkong so far, for two companies in the Evergo group. Three weeks after Taiwanese businessman Hwang Chou-shiuan, who is behind the Chyau Fwu and
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  • Article
    Lock icon Indonesia to speed up Batam import procedures
    103 1 AFP INDONESIA has slashed administrative red tape oa the iadas trial isiaad of Bataas, promisiag to cat import procedures from 16 days to just four hours, the Fiaaace Ministry said yesterday ia Jakarta. The streamli aed service was aimed at speeding up the
    AFP  -  103 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      278 1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. StafVMt: Phone, *****33 (Mb Lum#er Phone 757 0233 Panaa* Phone, 615 90V619 014 Jakarta: Phone. 374 065/*****72 A QUESTION OF PROFIT 11 BREWERY OPENS DOORS 12 Advertising Marketing 12 Money Changer Rates 25 World News 8, 9 Aircraft Schedule 25 Money Market 23
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      Page 1 Advertisements Column 2
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Result of bids for Kansai flight kitchens soon
        92 2 A DECISION is expected in a fortnight on who will bag the coveted concessions to operate the flight kitchens at the new Kansai International Airport in Japan. Singapore Airlines subsidiary SATS Catering has teamed up with eight other foreign companies to bid
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      • Article
        McDonald's buys building
        75 2 NUTkI-METICS, a three-storey office cum showroom building in Upper Bukit Timah Road, has been sold to McDonald's Restaurants for $8.8 million. A Richard Ellis newsletter said that the building may be used as the headquarters of McDonald's Restaurants. Built in the early *****, the building has a
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      • Article
        OCBC raises housing loan rates
        75 2 OCpe Bank yesterday raised its housing loan rates by half a percentage point. One to five-year loans are charged 6.25 percent, and six to 10-year loans 6.5 per cent. Loans for 11 to 30-years have an interest rate of 6.75 per cent. First-time homeowners will
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      • Article
        Visiting Sri Lankan minister
        29 2 THE FOREIGN Minister of Sri Lanka, Mr Harold Herat, wilKcall on Mr Wong Kan Seng, the Foreign Affairs Minister and Minister for Community Development, today.
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      • Article
        Don't forget your country
        71 2 MORE and more Singaporeans will work overseas, but they must not forget their country, said Mr Tan Guan Seng, Parliamentary Secretary (Education and Home Affairs). Speaking during the Hougang constituency's National Day celebrations yesterday, Mr Tan said that Singaporeans mug work hard to preserve the uniqueness
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      • Article
        Thanks for supporting Cosec
        89 2 A COSEC FORUM was held yesterday to present letters of commendation to 10 companies for their support of the Core Skills for Effectiveness and Change programme. Deputy Speaker of Parliament and MP for Siglap, Abdullah Tariirogi, gave away the certificates. Since Cosec was conceived four years
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    • Article, Illustration
      Wearnes unit plans to double sales in M'sia
      380 2  -  By William Chia THE WEARNES GROUP is planning to double its sales of personal computers (PCs) in the Malaysian market after being in business for one year there. The Wearnes group, which started marketing its PCs in West Malaysia through subsidiary MUMPS
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    • Article
      Company to supply Manila bank with computer system
      330 2 WEARNES Technology, which has only been marketing its personal computers in the Philippines for only a few months, has won a tender to supply the Philippine National Bank with a computer networking system. The tender, comprising 275 units of Wearnes Boldline 'M'
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    • Article, Illustration
      EAC's Robertson Quay sites put on the market
      401 2  -  By Elaine Koh THE THIRD and last piece of conservation land along the Singapore River is in the spotlight, with the East Asiatic Company putting its two Robertson Quay sites on the market with a combined floor price of $41 million. The
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    • Article, Illustration
      Dorma-Baubeschlag plans $10m in new investments
      281 2  -  By Claire Leow GERMAN maker of door controls and hardware, Dor-ma-Baubeschlag, will celebrate its 10th year of operations in Singapore with new investments of more than $10 million by next year. This would bring its total investment here to over $34 million. The new
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      183 2 1 FOR SALE (BY TENDER) VACANT LAND PARCELS FOR WAREHOUSING DEVELOPMENT Location Western side of Kaki Bukit Avenue 2 Title URA Parcels 146 and 147 Lot 2763 Mukim 23 Land Area Approximately 21,380 m* Tenure 60 years HDB leasehold from 26 February 1982 Ownership No restriction on foreigners Development: Approved
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      Page 2 Advertisements Column 2
      89 2 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSMfSS fife Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
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      Page 2 Advertisements Column 3
      107 2 1 FOR SALE (BY TENDER) VACANT LAND PARCEL FOR INDUSTRIAL DEVELOPMENT Location Junction of Eunos Road 2 and Eunos Avenue 3 Tide URA Parcel 138 Lot 2645 Mukim 23 Land Area Approximately 11,750 m 2 Tenure 60 years HDB leasehold from 14 November 1981 Ownership No restriction on foreigners Development:
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Straits Steamship Land's interim profit up 22pc
      530 3  -  By Lim Mui Khi THE buoyant property market saw Straits Steamship Land report a 22 per cent rise in net profit to $12.64 million for the interim period ended June 30. This compares with $10.36 million for the same period last year. However,
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    • Article
      General Lumber revises forecast
      257 3 GENERAL LUMBER Holdings Bhd has revised its group pre-tax earnings forecast for the current financial year upwards from M 523.1 million to M$6S.6 million The company announced on Tuesday that it has decided to adopt the merger method of consolidation to account for the Sri Damansara
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    • Article
      Lock icon BBMB to launch 2nd unit trust fund
      270 3 Bernama FOLLOWING the success of its first unit trust, Bank Bumiputera Malaysia Bhd yesterday announced that it would launch a second fund with more innovative features before the end of the year. The bank statement said the second fund would provide a new
      Bernama  -  270 words
    • Article
      Are retailers gearing up for battle?
      733 3  -  MARKET TALK By Lim Mui Khi COMPETITION among retailers is growing in spite of poorer earnings forecasts for the sector. Isetan has agreed in-principle with the Shaw group for a fourth shop at Shaw House. Robinsons just announced plans to open more JL outlets.
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    • Article
      S'pore, Indon parties in broking tie-up
      314 3  -  By Abdul Hadhi DBS SECURITIES Holdings, Tat Lee Bank and Asean Finance Corporation (AFC) have entered into an agreement with Bank Dagang Nasional Indonesia and PT Gadjah Tunggal Mulia to establish a stockbroking and underwriting joint venture in Jakarta. In an announcement yesterday, DBS
      314 words
    • Article
      Gold Peak unit given pioneer status in M'sia
      181 3 A SUBSIDIARY of the Gold Peak Industries group of Hongkong has been granted pioneer status in Malaysia for its specialty battery manufacturing operations. The subsidiary is GP Batteries (Malaysia) Sdn Bhd, a member of GP Batteries International Limited (GPBI), the regional company
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    • COMPANY BRIEFS
      • Article
        Foreign holdings in OCBC hit 40pc ceiling
        47 3 OCBC BANK yesterday announced that the percentage'of foreign shareholdings in its issued share capital has reachedthe permitted level of 40 per cent as at July 31. Thus, the bank will not register any more transfers of shares in favoui*«f foreigners.
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      • Article
        JC-MPH buys firm for $280,000
        127 3 JACK CHIA-MPH yesterday bought all the issued share*,' comprising two shares of 1 each, in Ammon Communications Marketing for $280,000 in cash from Mr Simon Sim Ngoh Hwu and Madam Fong Tsi Houn. JC-MPH has pa& 60 per cent of the consideration, while the balance
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      • Article
        Goodwood buys Alexandra shares
        40 3 CLAYMORE (Pte) Ltd has sold its 20 per cent stake in Alexandra Holdings Ltd to Goodwood Park Hotel Ltd for $8.8 million. The sale of the four million Alexandra Hokliogi shares took place on July 25.
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      • Article
        Wing Tai unit ups paid-up capital
        89 3 WING TAI Holdings said its Hongkong-listed subsidiary, United Success International (USI), yesterday raised its paidup capital to HK5227.75 million from HK$ 128.39 million through the issue of 198.71 million HKSO.SO shares each On the exercise of warrants by the warrantholders. Thus, Wing Tai, which
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      • Article
        New directors for L&M Group
        73 3 L&M GROUP Investments yesterday appointed Messrs John Lee Sok Khian, Sim Cheng Chye, Ben Yeo Chce Seong and Yap Boh Pin to its board of directors. The company has abo changed the names of the following subsidiaries Supervac to L&M Envirocare and Spiral Tubes to
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      • Article
        Nod for Tronoh Mines purchase
        68 3 SHAREHOLDERS of Tronoh Mines Malaysia bhd yesterday approved their company's proposed acquisition, together with Malaysia Mining Corp, of a 30 per cent stake in Pioneer Mineral Exploration Ltd. At an extraordinary general meeting in Kuala Lumpur, they also approved a resolution allowing Tronoh and MMC
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      128 3 Since 1735 there has never been a quartz Blancpain be. Model shown: 6595-1418-58 iff. BlancpaiN j Faithful to the traditional art of j watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker, t In all, only four ladies' watches and six men's watches, each
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Thai Airways told to make another evaluation
        100 4 U fIHAILAND S TRANSPORT and Communications Minister has ordered Thai Airways International to have another evaluU ion of its shares for listing on the Securities Exchange of according to The Nation. Minister Montree Pong- anitch disagreed with a preliminary price evaluation, con- dieted
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      • Article
        NTT to support share price
        81 4 iHIPPON TELEGRAPH and Telephone Corp President Kojima said on Tuesday NTT is considering taking various measures to support its share price. "We will Ufce action in September to realise those measures," an fcCTT spokesman quoted Mr Kojima as saying. NTT will be to make bonus
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      • Article
        Hitachi to design in Penang
        65 4 HITACHI LTD will start designing semiconductors at its chip assembly plant in Penang later this year to meet the .needs of Japanese and foreign consumer electronics makers ifere, a company spokes said on Tuesday. Hitachi will aaign semiconductors used in consumer electronics prodHrcts, including linear
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      • Article
        Bridgestone profits up 27pc
        64 4 fzJ Japanese TYREMAKER Bridgestone Corp said on Tuesday its net profit grew 27 per cent from a year earlier to 24.4 billion yen (US$l6O million) in the six months to June. Sales rose 5 per cent to 352 billion yen. Domestic sales climbed 6 per cent
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    • Article
      Lock icon Tokyo brokers ponder changes to listing rules
      477 4 Reuter A PASSION among Japanese investors for maiden share issues, highlighted by a recent disenchantment with major stocks, has some Tokyo brokers wondering whether current pre-listing rules are due for an overhaul. "Recently, new companies have been listed at much higher values than
      Reuter  -  477 words
    • Article
      Lock icon Hitachi to market improved sub-system
      174 4 AFP HITACHI Ltd will market a new magnetic disk storage sab-system with the world's largest atoray capacity, the major Japaaese computer maker said oa Tuesday. The aew H-6587 series of oiagaetic disk storage sabsystems, due to eater the market yesterday, has a capacity of 35
      AFP  -  174 words
    • Article
      Central Group buys land to develop hotel
      333 4 CENTRAL PLAZA Group, one of Thailand's oldest and biggest hotel and department store chains, has purchased 20 rai on the banks of the Chao Phya River to develop a large-scale riverside hotel/shopping/condominium complex, The Nation has reported. It will be the Central Group's
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    • Article
      Seavi takes minor stake in Thai film
      256 4 SINGAPORE-BASED South East Asian Venture Investment Ltd (Seavi) has acquired a minor stake in Thai stainless steel manufacturer EKH Co Ltd in a step that will help the Thai company boost its export potential and consolidate its financial position, according to Bangkok daily
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    • Article
      HK company plans to float oil interests on Thai exchange
      565 4 FIRST South China Corp plans to float its interests in the Sukhotai oil field in Thailand on the Securities Exchange of Thailand as soon as possible after the oil deal is completed, the South China Morning Post reported. Shareholders met
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      188 4 t NOW EMIRATES-FIRST AND BUSINESS CLASS TO DUBAI Ifck. r Fly with Emirates to Dubai, a first class business and leisure destination. Relax in the comfort of our Airbus A3lO-300's. Stretch out in First Class head-to-toe sleeper seats or recline in Emirates' Business J I Class spacious sleeperettes. i Sample
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Dutch department store buys toy and gift retailer Schwarz
      424 5 NYT FAO SCHWARZ, the 128-year-old toy and gift retailer, has been acquired by leading Dutch department store chain, Koninklijke Bijenkorf Beheer NV, for an undisclosed sum. The Dutch company, known as KBB, said on Tuesday that it bought the business from
      NYT  -  424 words
    • Article
      Lock icon Chrysler profits down 47pc in 2nd quarter
      252 5 NYT CHRYSLER CORP has reported a 47 per cent decline in second-quarter profits, reflecting lower vehicle shipments and the increased cost of offering bigger incentives to car and truck buyers. The same two factors also depressed the quarterly earnings reported last week by
      NYT  -  252 words
    • Article, Illustration
      Lock icon Walt Disney plans US$2b waterfront project
      233 5 NYT INTENT ON creating a second significant attraction in southern California, home of Disneyland, Walt Disney Co disclosed plans on Tuesday for a US$2 billion waterfront project about 20 miles southwest of Disneyland. To be called Port Disney, the big park and resort in
      NYT  -  233 words
    • Article
      Lock icon Ford and Fiat merging two units
      274 5 AP FORD MOTOR Co has signed a deal to sell an agricultural equipment subsidiary to Fiat Group of Italy. If the deal, announced on Tuesday, is approved by the US and Italian governments, Ford New Holland will merge with FiatGeotech in a new joint
      AP  -  274 words
    • Article
      USX Corp reports 15.2pc fall in earnings
      116 5 USX CORP, which operates the US*s largest tied business and has major energy holdings, on Tuesday reported a J 5.2 per cent drop in second-quarter earnings. The oomfliwy'i results were hurt by lower earnings in steel and a US$99 million charge for a
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    • Article
      Merger of steel firms approved
      95 5 THE EUROPEAN Commission said on Tuesday it cleared the way for the trade bloc's two largest steel prodn6ers, France's Usinor-Sacilor SA and British Steel pic, to eapand further into specialist markets. The Commission said Usi-nor-Sacilor's Sol lac unit can purchase Societe des Fonfli de Basse-1
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    • Article
      Siemens busy with Nixdorf
      104 5 WEST GERMAN electronics group Siemens AG said it was too busy after taking over Nixdorf Computer in April to consider expanding ties with Japan's oomtfliter maker Fujitsu Ltd. "At the moment, we are going through a stage where there is no scope (to consider increasing cooperation
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    • Article
      Whirlpool in joint venture
      64 5 WHIRLPOOL CORP said it hat established a joint venture with Matsushita Electric Industrial Co Ltd to produoe vacuum cleaners for the US and export markets. The move follows a tentative agreement announced on June 5. Matsushita Floor Care Co will produce a line of canister, upright
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    • Article
      Groupe Bull to cut 3,000 jobs
      139 5 THE FRENCH computer firm Groupe Bull SA announced on Monday plans to cut 3,000 job* during 1990 and said losses for the first six months this year stood three times higher than the same period in 1959. The troubled computer maker said in a
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      159 5 features even luxury 111 go oh for hours about the really '<&*■- Smiflmm iwmtif if Akin ♦I TAMrUAXTr# CAMCIiAmDm /C\i7TT TTT\ n" oww» canmK m mjurr timah kmd sfNOAjpti 21H TtL tttmi off* amr mct» to sm >»om tAM 10 and sun hmuc hols fkmi tAMtorm mx» cmirms ortu rvsraur
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        ADB approves grant for Thai securities study
        71 6 TFjEAsian Development Bank (ADB) yesterday approved a U*****,000 technical assistance grant to Thailand for a study on ways to rationalise and strengthen the regulation of its booming securities market. A bank statement said the rapid growth of the Thai economy has been accompanied
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      • Article
        Seoul easing share limit rules
        134 6 SOUTH KOREA is easing shareholding limits to help support Uto flagging local slock market, the Securities Supervisory Board announced. The board said South Korea would alkJWotisting major shareholders to increase the ratio of their hotdkgfr and will remove a 10 per cent holding limit for
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      • Article
        Lanka opens credit data bureau
        97 6 j- M SRI UtNKA's Central Bank opened a credit informationbureau with private sector backing yesterday to help banks seeking information on the credibility of a borrower. Central Bank, Governor Neville Karunatillake said the bureau would assemble all kinds of information on borrowers and help to
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      • Article
        Bank Leu earnings improve
        90 6 SWITZERLAND'S Bank Leu AG, controlled by Credit Suisse parent;CS Holding, said its earnings had improved in the secbrid quarter. Without giving specific figures, it said earnings tidm securities trading had returned to a satisfactory level after a setback in the first quarter. But it added in
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    • Article
      Arab Banking Corp to lead-manage Fujian loan
      319 6  -  By Quak Hiang Whai THE SINGAPORE branch of Arab Banking Corporation (ABC) has won a mandate to arrange and lead-manage a US$2O million syndicated loan for China's Fujian Investment Enterprise (Holdings). The borrower, a Chinese government-linked investment company, was set up to facilitate
      319 words
    • Article, Illustration
      Lock icon NZ needs firmer monetary policy: Reserve Bank chief
      468 6 Reuter RESERVE Bank of New Zealand governor Don Brash said in a statement there was a need for slightly firmer monetary conditions. "The monetary conditions the bank monitors now suggested, on balance, a need for firmer monetary conditions," he said. Mr Brash
      Reuter  -  468 words
    • Article
      Lock icon SEC chairman against universal banking in US
      316 6 Reuter SECURITIES and Exchange Commission (SEC) chairman Richard Breeden said he is opposed to the adoption of a universal banking system in the United States as an alternative to existing arrangements. "I do not believe that universal banking will prove to be acceptable
      Reuter  -  316 words
    • Article
      Lock icon Dresdner's profit from client business up 1.8pc
      296 6 AFP DRESDNER Bank, secondbiggest private bank in West Germany, has made a profit on client business of 956.1 million deutschemarks (U*****.7 million) in the first half, representing an increase of 1.8 per cent over the first six months of 1989, the bank said
      AFP  -  296 words
    • Article
      Lock icon London forex market set to consolidate
      665 6 Major shake-out ruled out; banks forced to hold down costs Reuter THE RAPID growth of the London foreign exchange market through the 1980s, a result of the US dollar's roll-er-coaster ride, has lost its momentum, forcing banks to take steps to hold down costs,
      Reuter  -  665 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      100 6 V A We are pleased to announce the opening of our I Singapore Representative Office I Six Battery Road #11 -04 I Singapore 0104 I Tel: 225 2260 Fax: 225 3390 I m Mr Hideki Nakatsubo I Chief Representative I i NIKKO SECURITIES INVESTMENT TRUST I MANAGEMENT CO., LTD. I
      100 words
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      Page 6 Advertisements Column 2
      103 6 THE COMPUTER-BASED SERVICE FOR Technical Analysis CHARTAMATIC the industry standard charting software. 500 days/ weeks and moreof history from an extensive database of SES, KLSE, SEHK stocks, Thai indioee and sectorials, wodd market indices, currencies, KLCE commodities, precious metals and much more! A thoroughly professional system wth an exhaustive range
      103 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Bangkok reveals foreign hand in real estate firms
      366 7 THE Thai Interior Ministry claims to have identified 10 major real estate investment companies that are 100 per cent owned by foreigners, according to The Nation. The companies which are still being investigated are listed as being 49 per centforeign owned, but
      366 words
    • Article
      Lock icon Thailand shelves dam project
      262 7 AFP THAI Prime Minister Chatichai Choonhavan on Tuesday shelved a controversial dam project as thousands of supporters and opponents of the plan protested in the capital. In an attempt to defuse the issue, Mr Chatichai suspended a plan to build the Kang Krung hydroelectric dam in
      AFP  -  262 words
    • Article
      Lock icon Manila going ahead with oil price decontrol
      257 7 AFP PHILIPPINE officials reiterated that the government would deregulate oil prices, adding that it could not subsidise prices any longer. Finance Secretary Jesus Estanislao said, "The policy is already in place. We have always said that the government cannot afford to continue giving
      AFP  -  257 words
    • Article
      Lock icon Indonesia urged to diversify economy
      281 7 Bernama AN INDONESIAN minister has suggested that the country move away from a ricebased economy in the next 25 years to achieve higher economic growth. Minister of Population and Environment Emil Salim said yesterday that a non-rice-based economy would yield higher growth and Indonesia should
      Bernama  -  281 words
    • Article
      Lock icon Philippines to redevelop two prime Tokyo sites
      173 7 Reuter THE PHILIPPINES plans to bulldoze its embassy and ambassador's residence in Tokyo so that it can develop the two prime sites commercially, an official said on Tuesday. The plan follows a ruling by the Philippine Supreme Court last Thursday stopping President Corazon
      Reuter  -  173 words
    • NOTE BOOK
      • Article
        Indon exports in first five months up 10pc
        63 7 INDONESIAN EXPORTS rose 10 per cent during the "first* five months of this year compared with the corresponding period last year. Information Minister Harmoko placed .tte total value of exports through May at U559,405 billion.' Commodities other than oil and gas accounted
        63 words
      • Article
        Aussies eye Thai investments
        92 7 AUSTRALIAN FIRMS are interested in investing in Thailand, which some want to use as a springboard for Indoctyife* a leading businessman said in a report yesterday. Mining aha telecommunications are among several investment areas tpb£ explored by some 100 Australian businessmen expected ,te. attend the third
        92 words
      • Article
        Thailand-Finland trade growing
        113 7 IN THE WAKE of a substantial increase in bilateral ttfufe and investment between Thailand and Finland, outgoing Finnish Ambassador Benjamin Bassin says Finnish entrepreneurs do not invest there primarily to exploit cheap labour, The Nation reported. The Ambassador said he foresaw ftp economic links with Thailand strengthening
        113 words
      • Article
        Rise in Aussie CPI slows down
        87 7 AUSTRALIA'S Consumer Price Index (CPI) rose 1.6 per cent in the June quarter, reducing the annual inflation rate to J7„7< per cent for the fiscal year ended June 30, the Bureabv 1 Statistics said yesterday. The CPI rise was 0.1 per cent Iqwqr. than
        87 words
      • Article
        Doubts over nuclear safety report
        105 7 ANTI-NUCLEAR activists in Hongkong yesterday expressed doubts over the accuracy of reports by experts pronouncing China's Daya Bay nuclear plant near Hongkong safe. The Reverend Fung Chi-wood, convenor of the Joint Conferfnce for Shelving of the Daya Bay Nuclear Plant, said the ment-initiated report on
        105 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      235 7 I SI treasured that watch. Glen had given it to me as a token of his Kul love before he left to study abroad. 1 was shattered when I saw it in pieces.j We had discovered the watch at Sincere, exactly four years andjKUmf eighteen J days ago. That was
      235 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Drop in Japanese exports to China
        92 8 EXPORTS TO CHINA by 18 of Japan's largest trading houses dropped by about 4G per cent in the first half of this year in the face of Beijing's two-year-old import austerity programme. The exports fell by 37.8 per cent to 192.8 billion y«Q from
        92 words
      • Article
        Taipei sets terms for easing ban
        71 8 T/QWAN will not lift its ban on the import of Japanese cars unless Japan reduces its trade surplus with the island, Taiwan's Industrial Development Bureau said yesterday. Local car importers recently asked the government to lift the ban. But bureau director Yang Shih-chien said
        71 words
      • Article
        Move to keep scientists in US
        110 8 THE US needs more scientists from abroad and must change its laws to attract them or it will see other countries get the advantage, US scientists told Congress on Tuesday. ''Some countries like Taiwan and (South) Korea have programmes to repatriate their science and
        110 words
      • Article
        US productivity rated poorly
        60 8 US FACTORY PRODUCTIVITY lagged behind all but one of the world's major industrial countries last year, and analysts blame the poor showing largely on the country's weak savings and investment rate. According to a US Labour Department survey, Norway had the best productivity performance with a
        60 words
      • Article
        Obstacles to EC single market
        73 8 HIGH LEVELS of state aid to industry, agriculture, railroads, and coal production hinder the completion of the European Community's 1992 single market programme, the. European Commission said on Tuesday. In its second sunrey on aid to manufacturing and other sectors, the Commission said that in
        73 words
      • Article
        Hungarian paper corporatised
        65 8 HUNGARY'S largest circulation daily Nepszabadsag, the former mouthpiece of the defunct communist party, has become a joint stock company with foreign participation. The state MTI news agency reported on Tuesday that Nepszabadsag Joint Stock Company comprises the editorial staff of the paper, Hungarian banks, a Hungarian publisher,
        65 words
    • Article
      Lock icon Albania relaxes curbs on freedom and enterprise
      462 8 AP COMMUNIST Albania announced on Tuesday it will permit joint ventures and foreign economic activity, and would allow limited freedom to stage public demonstrations. The new economic measures decreed by the Tirana leadership appeared designed to alleviate economic backwardness, provide technical knoWhow, improve
      AP  -  462 words
    • Article, Illustration
      Lock icon Business chiefs see danger of recession in UK
      277 8 AP INDUSTRIAL LEADERS on Tuesday warned that Britain is in danger of sliding into recession in the second half of this year as companies report falling output and demand, exports stagnate and business confidence falls to a low ebb. A report from
      AP  -  277 words
    • Article
      Lock icon House committee cuts Bush defence plan
      403 8 Reuter A POWERFUL congressional committee has approved a bill that would cut US President George Bush's defence requests by US$24 billion, slice his Star Wars and military personnel proposals and stop further production of the B-2 Stealth bomber. The House of Representatives Armed Services
      Reuter  -  403 words
    • Article
      Lock icon E Germany seeks Bonn aid to shore up crumbling economy
      271 8 Reuter EAST GERMANY has cried out for billions of marks of emergency aid from Bonn to rescue its shattered economy,« saying it is about to close entire sectors of industry. Labour Minister Regine Hildebrandt, painting the most alarming picture so
      Reuter  -  271 words
    • Article
      Lock icon Hongkong's trade policies win Gatt commendation
      295 9 AFP GATT yesterday commended Hongkong for its trade policies which it said were formulated and implemented on the basis of a clear and transparent legal framework. A report by the General Agreement on Tariffs and Trade noted that customs duties on imported goods were
      AFP  -  295 words
    • Article
      Lock icon Investment in China rises but productivity falls
      259 9 AP INVESTMENT in China's state-run industries climbed 4.2 per cent in the first half of this year as the government eased austerity measures aimed at cooling off the overheated economy, it was reported yesterday. Meanwhile, however, productivity in those industries fell 0.18 per
      AP  -  259 words
    • Article, Illustration
      Lock icon Moscow faces shortage amidst plenty
      466 9 AP THE SOVIET UNION is piling up a record harvest, but much of the grains and vegetables are expected to rot rather than ease the country's worsening shortage of food. The centrally planned economy has been unable to adjust to the bounty, and the stunning
      AP  -  466 words
    • Article
      Lock icon Caricom sees need for economic integration
      277 9 AP POLITICAL LEADERS of the 13 Caribbean Economic Community members began a three-day meeting in Kingston, Jamaica, on Tuesday, saying their countries had no alternative but to integrate their economies to deal with changes in the international market. The speakers at the opening session
      AP  -  277 words
    • Article
      Lock icon Japanese business makes the elderly its business
      482 9 Reuter BIG BUSINESS is planning to cash in on private-sector care for Japan's growing elderly population, until now a burden on the public sector. "The service industry for the elderly is still in its infancy, but with government support it will grow into
      Reuter  -  482 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      181 8 t Why it's in your interest to know what made the chicken cross the rood to the other bank. I .f.i 1 3f! Facts that figure: Monday through Saturday,Zaobao Business. China, Japan and the 4 NIEs are the formidable in Chinese entrepreneurs on foreign soils. paper, the business section is
      181 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      481 9 I Straits Steamship Land Limited I H (Incorporated in the Republic of Singapore) fl The Directors advise the following unaudited results of the Company and the H Group for the six months ended 30 June 1990: H Company Group I 1990 1989 1990 1989 I I $'000 000 $'000 000
      481 words
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      Page 9 Advertisements Column 2
      263 9 NOTICES THE COMPANIES ACT, CAP. 50 PRECISION MEASUREMENT PTE LTD (In Liquidation) At a general meeting ol PRECISION MEASUREMENT PTE LTD duly convened and heid on the 27th day ol Ml 1980 the Mowing MSClsl resolution was passed: SPECIAL RESOLUTION Thai the Company be wound up voluntarily pursuant to section
      263 words
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      Page 9 Advertisements Column 3
      404 9 Official Opening Keynote Address by Chief Minister, Penang Y.A.B. Dr. Lim Chong Eu Can Penang remain competitive in the dynamic economy of the Pacific Rim? What sort of new industries will drive the economic growth of Penang as it enters the 21st Century? What are the business opportunities and investment
      404 words
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  • Article
    Apec's contributions
    483 10 EDITORIAL NINE-MONTH-OLD fledglings barely talk. This particular nine-month-old, the Asia-Pacific Economic Cooperation torum, however, has demonstrated that the Asia-Pacific region has found a voice in Apec. The grouping displayed at its second ministerial meeting its authoritative, though collective, voice that comes from packing under its umbrella 12 of
    483 words
  • WHAT THE OTHERS SAY
    • Article
      Without fear or favour
      247 10 THE Stock Exchange of Singapore in recent days has put no fewer than three companies on the carpet. Yes, the SES is stern. Yet, surely it is not too much to expect, say, Singapore Airlines one of those reprimanded to clarify without SES prompting a newspaper
      247 words
    • Article
      Better educated parents
      118 10 THE gaps in the educational backgrounds of Malay, Chinese and Indian parents are closing. But that between Malay parents and others is still big and more can and needs to be done to improve their education. It is also good for their children. Data have shown that
      118 words
    • Article
      Opec in control again
      119 10 THE sudden US$3 surge in crude oil price marks the successful return of the Organisation of Oil Exporting Countries as an oil cartel. Led by Iraq, the hard-liners now seem to have regained the upper hand and are calling the shots for price rises. The eight-year
      119 words
  • REGIONAL VIEWPOINTS
    • Article
      One step at a time
      238 10 DEVELOPED countries such as the US and Canada are only now stressing their status as Pacific Rim states. Some in Asean also view the development as an attempt to dilute the South-east Asian bloc's influence and strength by creating a larger association that can ingest
      238 words
    • Article
      Hand-in-hand
      115 10 THOUGH Australian Foreign Minister Gareth Evans' proposal for a conference on a security cooperation in Asia (CSCA) is not new, it is an idea whose time has come. Asean can, after resolving the Cambodian conflict and improving ties with Indochina, be a better prime mover for an Asian security
      115 words
    • Article
      Testing time
      121 10 THE need for moderation from all would be tested yet again, now that the tenure of the New Economic Policy is fast drawing to an end and the implementation for the post-1990 NEP drawing near. These will be testing months as various communities raise voice to impose their
      121 words
  • Article, Illustration
    Lock icon Change of costume for Nato forces?
    817 10  -  The end of the Cold War in Europe calls for a re-examination of the role of Nato. Frederick Bonnart reports Frederick Bonnart The writer is editor of Nato's Sixteen Nations, an independent military journal published in Brussels. IHT THE present Soviet weakness and pre-oc-cupation
    IHT  -  817 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      100 10 KNOW THE NEWS CONTEST Nfew LAN VIN 1 Designed for active lifestyles. Model 571 SO creates a sporty yet fashionable statement for ladies and \S. men. The innovative interplay of colours and graphics adds an interesting dimension to the face. The distinctive Lanvin name is engraved on the ruthenium plated
      100 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Better housing and more food for all first
      792 11  -  Mikhail Gorbachev has to come up with a coherent economic programme soon to convince the people of the Soviet Union that his reforms will give them a better life in the short term as well as in the long haul. Melvin Fagen
      IHT  -  792 words
    • Article, Illustration
      Lock icon So which is the most profitable company?
      1229 11 A new method of calculating company profits could change the way businessmen, regulators and economists think about corporate performance The Economist WHAT IS the world's most successful company? Royal Dutch/Shell is one contender: it made more money than any other business last year.
      The Economist  -  1,229 words
    • Article
      Lock icon A push in the right direction for Latin America
      705 11  -  Peter Riddell and Lionel Barber examine the US initiative for a newly-enterprising hemisphere Peter Riddell,Lionel Barber FT PRESIDENT George Bush's proposal for a new economic partnership with Latin America represents in direction, if not in detail, the equivalent of a Europe
      FT  -  705 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      84 11 1:1 11 n? 1 UNIT OF RADIAL AUTO INSERTION MACHINE Model: PansertNM 214 X. Power source: AC 100 V. 50/60 Hz. Air supply 5 kg/cm 3. B) 1 UNIT AXIAL AUTO INSERTION MACHINE Model: PansertAANM 2051. Power source: AC 100 V, 50/60 Hz. Air supply skg/cm3, Variable pitch: 5 mm
      84 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Asia-Pacific Breweries opens factory to visitors
      414 12  -  By Claire Leow p IGER BEER may I already be I well-known to I visitors to Singa--JBh. pore but there's nothing like seeing how the golden froth is brewed. With that in mind and with an eye on raising its corporate profile, Asia-Pacific Breweries
      414 words
    • Article
      Lock icon Anheuser-Busch launches campaign in America to 'can the beer tax'
      480 12 NYT ONE of the newest campaigns from An-heuser-Busch is steeped in "America the beautiful" sentiment, with shots of farmers walking through their fields and working men at lunch, as an announcer explains how the country was built by people willing
      NYT  -  480 words
    • Article
      Hour Glass spending $1m to advertise new image
      273 12  -  By Genevieve Cua UPMARKET watch retailer The Hour Glass is pumping a total of nearly $1 million to advertise its new corporate identity. Press and television advertisements take off later this week, in which the limelight will be on a handful of
      273 words
    • Article
      Here comes Leo
      82 12 HERE comes the sun, goes a well-known song. Leo Property Management has caught on to the idea that it hears the name of a zodiac sign, Leo, which is ruled by the Sun symbol. Its latest advertising campaign, "Singapore's prestigious addresses are born under Leo" is designed
      82 words
    • Article, Illustration
      Nike sets up distribution centre at Kim Chuan Dr
      293 12  -  By Claire Leow NIKE International is seeking a firm footing in the regional market for sports footwear and apparel by setting up its own distribution centre here. Set up in May, Nike Singapore will oversee the marketing operations in Singapore and
      293 words
    • Article
      Lock icon Bo knows how to be a winner in TV commercials
      511 12 NYT IN Bo Jackson's latest commercial for Nike Inc, there does not seem to be anything the versatile sports celebrity cannot do. Playing on the well-known Nike theme that "Bo knows," the spot shows the professional baseball and football player
      NYT  -  511 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      191 12 Ejtf SOUP/SALAD jfl MAIN COURSE J|P jjKf BEVERAGE jtt i*F^ $33.00 new concept in dining from |3M|*|i§H the Terazza at Sheraton Towers. A la carte dining at a guaranteed price. I miim 1 1 TERAZZA At Sheraton lowers, }9 Scotts Road, Singapore 0922. Tel: 7i7 6888. To find out just
      191 words
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  • SPORTS
    • Article, Illustration
      Lock icon Edberg cruises to easy victory
      528 13 AP TOP SEED Stefan Edberg needed 75 minutes to defeat Malivai Washington 6-2, 6-4 in a Volvo men's tennis tournament on Tuesday after stumbling in the second set when he allowed Washington a 3-1 lead on a double fault. Washington lost the next game on
      AP  -  528 words
    • Article, Illustration
      Lock icon Evert defends Navratilova
      433 13 Reuter CHRIS EVERT has come to the defence of her good friend and old rival Martina Navratilova and chided former tennis great Margaret Court for suggesting that Navratilova is a bad role model for young players because she is gay. "One of the things about being a
      Reuter  -  433 words
    • Article, Illustration
      Lock icon Foreman extends comeback win streak with KO
      179 13 AP GEORGE FOREMAN withstood a jarring right hand from Ken Lakusta to knock out the overmatched Canadian heavyweight boxing champion at 1:24 of the third round on Tuesday in Edmonton, Canada. Foreman, 41, the former world heavyweight champ, floored Lakusta with a left
      AP  -  179 words
    • Article
      Lock icon Reebok's international arm sees big profits
      315 13 Reuter REEBOK International Ltd chairman Paul Fireman says the athletic shoe manufacturer's international sales will top US$l billion a year by 1993 or 1994 and eventually surpass US sales. Speaking in Chicago on Tuesday, Fireman added that Reebok would get more earnings contribution from
      Reuter  -  315 words
    • SIDE LINES
      • Article
        Nolan Ryan equals pitchers' record
        96 13 NOLAN RYAN became only the 20th pitcher in US major league baseball history to win 300 games when his Texas Rangers beat the Milwaukee Brewers 11-3 in Milwaukee on Tuesday. Ryan, who is also in the record books as the all-time strikeout leader and the
        96 words
      • Article
        Dominican retains WBO title
        68 13 DOMINICAN Rafael Torres, fighting off a gruelling challenge from Ray Husni of Indonesia, retained his World Boxing Organisation mini-flyweight title on a split decision in Jakarta on Tuesday. Two of the American judges gave the match to Torres and the third, from Puerto Rico, favoured the
        68 words
      • Article
        Evans bounces back to triumph
        89 13 JANET EVANS, who lost her 400 m individual medley title last Sunday, bounced back and won the 400 m freestyle on Tuesday at the US Swimming Long Course Championships in Austin, Texas. Evans, who holds the world record in three distance freestyle events, turned in
        89 words
      • Article
        Three-way tie for first place
        93 13 ANDY NORTH, Donnie Hammond and Jim Gallagher, shared top honours in the pro-am Jerry Ford Invitational Golf Tournament in Vail, Colorado, each taking home US$l6,OOO at the meet's end on Tuesday. Each capped their two days of competition with 10-under-par scores of 133, with play
        93 words
      • Article
        Kelesi survives early scare
        114 13 NINTH-SEEDED Helen Kelesi of Canada survived a daylong rain delay and an early lapse of concentration on Tuesday to beat Carrie Cunningham 7-6 (8-6), 6-3 in the Player's Challenge women's tennis tournament in Montreal. "It was hard to keep focus," Kelesi said. "I woke up at
        114 words
      • Article
        Easy match for Wheaton
        112 13 SIXTH-SEED David Wheaton of the US required just 51 minutes to gain a 6-1, 6-4 opening-round victory over Kelly Evernden of New Zealand at the US$2OO,OOO US Pro Tennis Championships in Brookline, Massachusetts on Tuesday. The 1.9 m Wheaton placed forehands in the corners and allowed
        112 words
      • Article
        Club bid to head off controversy
        108 13 THE SHOAL CREEK COUNTRY CLUB accepted a black businessman as an honorary member in Birmingham, Alabama, on Tuesday in a move to head off the growing controversy that threatened this month's PGA Championship. Birmingham's black mayor Richard Arlington, who has been negotiating with Shoal
        108 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      121 13 We custom-make Arch Supports To Correct Flat Feet Other Foot Problems Video Assisted Gait Evaluation Expert Advice on Running/Jogging, Walking and Exercises for Health Fitness We also Stock Top Quality Sports Shoes SPORTS Pie. Lid. Pearls Centre 100 Eu Tone Sen Street #02-12 Singapore 0105. Tel: *****71 (next to Outram
      121 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      282 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot ipPPs A [Tp: p■■■■r- 11 Th« Szcchuan Court is proud u> present the return of The Xi'an Master Chefs from The Golden Flower Hotel of Xi'an. With skills as legendary
      282 words
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      Page 14 Advertisements Column 2
      308 14 (f ll Happy 25th ALL OUTLETS Vanda Cocktail 9.50** PETE S PLACE 25th Anniversary Cake lkg $28.00*. I.skg $42.00* 25th Anniversary Pizza 25 Ingredients $13.90** PLUM'S Singapore Dinner Buffet August Ist-12th only Adult $24.00** Child 16.00** Singaporean High Tea 2.30pm-5.30pm $14.50** •Plus 4% govt uu ••Plus 10* »ervice charge 44*
      308 words
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      Page 14 Advertisements Column 3
      206 14 HAWKER FEST 1 15 AUGUST Lunch Dinner only Adult: $16.00 Child: $10.00 t Cafe Plaza sggaj|§t) I I Feasv o* oces gaisgiSO^^' 06 etU^ Served nightly from 7.00pm I L e v«ry SJJJX,onW $15.00++ Adult V o $10.50++ Child aoon««? ol th For reservations, oil 297 2828 Ext 8353/4 V<e
      206 words
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      Page 14 Advertisements Column 4
      264 14 Say cheese to— r < SWISS A The Swiss have such wonderful ways with cheese Savour them and more at The Belvedere's Swiss Buffet this month J SWISS BUFFET LUNCH 4 August 1 31, Noon 2.30 pm < Adult: $36++, Child below 10: $18+ K, We serve the world to
      264 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      669 14 TELEVISION AND RADIO rI U rvvf 0 I 700T*C BCI2 ioo 444 BUSINESS ON RADIO ine next lj years ai Mutx? 1 I «.00 Amarfea Hurts: The Drug Ep- Our KS" 1 S.3opm! 3.2 Sam: Financial News I I idcmic (Documentary, See 10Jf lew ij«alien Mmuta*. §.30 upm Quran. A
      669 words
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  • LIFESTYLE
    • Article
      Lock icon Sale of hepatitis drug urged
      720 15  -  There is hope for sufferers of non-A, non-B hepatitis, for a US Food and Drug Administration committee has recommended that a drug found effective against the disease be approved for marketing. Gina Kolata reports. Gina Kolata NYT An ADVISORY committee of the US Food and
      NYT  -  720 words
    • Article, Illustration
      Lock icon Beauty potions extraordinaire
      685 15  -  The Roman woman's quest for beauty knows no bounds, John Follain finds out John Follain Reuter DONKEY urine, rat excrement and placenta of cow would not look out of place on the average witch's shopping list. But witches are not alone in coveting such ingredients. They were
      Reuter; Punch  -  685 words
    • Article, Illustration
      Lock icon Rock singer testifies at suicide trial
      368 15 AP THE lead singer for the rock band Judas Priest testified on Tuesday that he once recorded a phrase backwards on an album, but he denied planting hidden messages in his music to promote suicide. Singer Ron Halford testified in a civil trial on
      AP  -  368 words
    • Article, Illustration
      Lead singer of country music duo engaged
      481 15 n _^T7 WYNONNA JUDD, the daughter and lead singer of the Judds' mother-daughter country music duo, has announced her engagement to a songwriter. The singer, 26, is engaged to Toay King, who is best known as the co-writer of Ricky Van Shelton's No.
      481 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      159 15 AND ENTERTAIN The Happiest Hours In Town. HAPPY HOLRV -spm DAILY OPENING M«.Sr Sr-* rtl V. iiam mi am Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. A® Centurv Park Sheraton Singapore
      159 words
    • Advertisement
      Page 15 Advertisements Column 2
      160 15 Tn/\||/ a Restaurant and 1 KUIIV/\ Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE 25th Anniversary Promotional Menu at $35.00++ with a complimentary FESTIVAL COCKTAIL. Ist to 10th August 1990 A La Carte as usual Restaurant Hours w nC j c Karaoke Hours Mondays to Saturdays Dailv 11-JOam to 2-30pm 6.30pm
      160 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market ends mixed as institutions stay away
      4488 16  -  By Abdul Hadhi WITH institutional investors staying on the sidelines yesterday, share prices on the Singapore stockmarket ended the day on a mixed note. Brokers said that persistent uncertainty in the major overseas markets was uppermost on the minds of the big institutional
      4,488 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4233 17 Main Board FAN 865 +15 +1.8% SIA 1460 +10 +0.7% SIA 200 1460 +10 +0.7% I OCBC 935 +10 +1.1% FELS 50» 715 +10 +1.4% Semb Maritime 446 +10 2.3% Summa Inv Wt 71 +10 +16.4% Pentc* 50» 172 +8 +4.9% Summa lnv 163 +7
    4,233 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      72 18 tmmmn Data Yur Grwip Nat Nat Mrnlngt Graa* aim to profit/lost (L) por »hara divMand (•000) (canto) Murata Jul 27 Ma/ 90 I8.309p(20.925p) 94 2(107.2) 30(30.8) 8 Sembawarw hil 5 Mar 90 $13.454($6.793) 56.1(28 3a) 35n(15a) Metro Htdgs Jul 4 Mar 90 $8.006<$10.219) 14.6(18.7a) 4<2.7a) Rotlwnans M Jul
      72 words
    • Article
      PRELIMINARY RESULTS
      100 18 Com wry Date Year Group pre-tax Net earnings Crete ann to profit/les* (L) per slur* dividend (•OOO) (cant*) Mer-Pacific Jul 30 Apr 90 MJ100.038(J41.133) 7 0(2 8a) 10(6a) Beun Corpfl Jul 27 Apr 90 MJ101.209(J70.023) 8 0(9 la) 12(7.7a) Rhone Guan Jul 27 Apr 90 $190t($1,0491) «<*> Kamuebnc
      100 words
    • Article
      INTERIM RESULTS
      236 18 Company Data Half-yaar Group pre-tax Interim aim to profit/loss (L) dividend COOO) Kappi Finance Jul 31 Jun 90 $2,344 ($1,420) Semb Shipyard Jul 31 Jun 90 $37.927($27,883) 7(6) Submarine Jul 31 Jun 90 $13,707(19,190) Steamers Jul 31 Jun 90 $5.683($5.281) 'Ui Securities Jul 31 Jun 90 $1,358(52,806) -<-)
      236 words
    • Article
      CORPORATE DEVELOPMENTS
      586 18 jul 31 GX Goh Holdhgs has set up a full licence stockbroking venture in Jakarta through an agreement with PT Perusahan Dagang Industri Ometraco, the parent company of the OiMtraco group. M JO kitoiiliiil Oxygen toe said its wholly-owned subsidiary Swee Lam Estates (M) Sdn Bhd has entered
      586 words
    • Article
      DIVIDENDS ANNOUNCED
      469 18 Current Ex Baafcs Date Tatel far Tatel far payment date ck»a payaMa tha yaar last yaar Mei rtdp 6* Aug 28 Sep 7 Sep 26 6% 6% MM 10% Sep 21 Oct 5 Nov 1 10% 7.5%(a) MffP 2 75sen Jun 20 Jul 5 Aug 15 2 7Ssen
      469 words
    • Article
      RESULTS DUE
      569 18 Singapore Stocks Last Full Year Canpany Period Date Ttar Nat EPS Gnu ftet mwced en** (canb) <* P«• Ust yur (I'OOO) Leonf Hut Intenm Mar 30 Dec 89 5351(h) EMS Intenm Apr 26 M 90 9.3(1) 2.3TE(a) 4.747 Tat Lm France Final kin 1 Dec 89 12.3 8
      569 words
    • Article
      APPROVED ISSUES
      306 18 Company Right* l**ue KB Corpn One-tor three <& MSI 60 per share S30 131m If Convertible Unsecured Loan Stock of MSI 00 nommal value to be issued on the bass ot 1 CULS tor every aght shares held Ex-date ton 6 Books close ton 20 Acceptance t Payment
      306 words
    • Article
      BONDS, LOANS & WARRANTS
      651 18 BONDS, LOANS WARRANTS fimrr~T CwwurriM pmfod Cmnmtkm >w ter mm tBmty rtw CK Nt Before 26/4/93 1 warrant plus $3.09 cash Cwnewiy Low Cauaway Nt 2/10/89 to 20/10/9* 1 warrant phis SI cash or 1 warrant phis $1 nominal amount of loan stock dun (Mai dun N» March 87 to
      651 words
    • Article
      PROPOSED ISSUES
      568 18 Company Rights Issue Cmmmi kw Capital reduction scheme to reduce par value of shares from $1.00 to $060; R«hts issue of 3:2 ft $0 60 per share CAM One-tor-one ft M$4 00 per share Every tour rights shares would be issued with one ISO. EMS One-tor two ft
      568 words
    • Article
      COMPANY MEETINGS
      263 18 United Mustriai Corporation Ltd: EGM at Shangn-La Hotel. Orchid Room, Orange Grove Road, Singapore 1025 on Friday, August 3, at 9am. Golden Hope Plantations Bhd: 14th AGM at the Sarawak Room, Basement 2, Shangri-la Hotel, 11 Jaian Sultan Ismail, ***** Kuala Lumpur, on Wednesday, August 8, at 11.30
      263 words
    • Article
      RECORD HIGHS & LOWS
      133 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 1* 1435 43 (16/7/90) I* 1*IU (27/3/90) 1990 tow; 1254 18 (2/5/90) J90 5l 1*7 76 1989 Hftt 1322 00 28/12/89) J» g* 1989 tow; 917.42 (4/1/89) *J 030.J9 4/1/89 1988 N* 1043.86 (8/8/88) Jf »gJJ J 1988 tow; *****
      133 words
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      Page 18 Advertisements Column 1
      149 18 Executive Style STYLE The executives want it. It makes a statement. It sets them apart from the mainstream. It gives them that added edge in a world where impressions, like it or not, do last. You, as the purveyors of style, should know what we mean and we invite you
      149 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares gain ground despite profit-taking
      3810 19 18 sen to MS4.74. Bernama, MBT PERSISTENT profit-taking yesterday failed to dampen the strong buying support on the Kuala Lumpur stock market, sending the KLSE Composite Index to a record high close. The market barometer ended at 632.22, up 1.93 points, while the KLSE Industrial
      18 sen to MS4.74. — Bernama, MBT  -  3,810 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      159 19 Ui 1 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling
      159 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market ends lower on index-linked selling
      2258 20 Reuter TOKYO SHARES closed down yesterday but off their lows on afternoon selling in sympathy with weakness in stock index futures, after rising in the morning, brokers said. "The market just has no climbing momentum," said Tetsuya Fukami, head of equities at Shearson Lehman
      Reuter  -  2,258 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Higher close despite afternoon pull-back
      2421 20 Reuter HONGKONG STOCKS posted a substantial gain in a relatively featureless day marked mostly by an absence of selling pressure yesterday. "It's been a hands-off, wait-and-see market with all eyes on the (US) dollar," said a broker at a local firm. The dollar hit a
      Reuter  -  2,421 words
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  • REGIONAL STOCK MARKETS
    • Australian stocks close higher
      • Article
        AUSTRALIA
        996 21 THE AUSTRALIAN sharemarket finished firmer yesterday despite the Nikkei index falling neariy 200 points, the Dow Jones shedding 12 points on Tuesday and a firmer Australian dollar. One broker said the broader US market had been firmer so the local market ignored the Dow's fall. There was good interest
        996 words
      • Article
        BANGKOK
        698 21 THAI STOCKS closed sharply higher on active bargain hunting yesterday. The composite SET Index rose 2<>.90 points to 1,142.63 in heavy trade with banks and construction issues lead- ing the rally. Siam Cement rose 260 baht to 7,346, Siam City Cement four to 233 and Bangkok Bank 46 to
        698 words
      • Article
        MANILA
        539 21 MANILA SHARE prices ended steady yesterday as traders moved to the sidelines awaiting political and economic developments to lift the market, brokers said. The Manila Stock Exchange composite index closed at 935.52, down 0.50 from Tuesday's close of 936.02. The market was expected to move sideways in the near-term
        539 words
      • Article
        TAIPEI
        366 21 TAIWAN SHARE prices closed higher almost across the board on late buying yesterday in the heavily weighted finance sector. The weighted index gained 153.07 points, or 2.7 per cent, to finish at 5,771.28 compared with Tuesday's 5,618.21 close. Turnover was NTSB6.S billion against NTSB9.4 billion. Dealers said investors started
        366 words
      • Article
        SEOUL
        798 21 SEOUL STOCK prices rose sharply yesterday in brisk trading on news that authorities would take steps to support the market but closed off the day's highest levels. The composite index, which opened the day at 678.38, rose 18 points by midday but profit-taking pared some of the gains. It
        798 words
      • Article
        NEW ZEALAND
        422 21 LEADING NEW ZEALAND share prices eased in afternoon trade yesterday, after interest rates increased when Reserve Bank governor Don Brash said monetary conditions had been tightened. "It was dead flat (yesterday) morning and off this afternoon, totally on the back of Brash's comments," said Buttle Wilson's Paul Nicolson.
        422 words
      • Article
        JAKARTA
        541 21 PRICES ON the Jakarta stock exchange closed mixed, with turnover rising to 2.75 million shares from Tuesday's 2.32 million. The composite index fell slightly to 611.98 from the officially revised 613.57. Nickel producer Inco crept up 50 rupiah to 7,950 on turnover of 224,500 shares. Cellophane producer Trias Sentosa
        541 words
      • Article
        Untitled
        424 21 CVmc Pixtw 1 SYDNEY All Ordinaries Index 1,586.9 1,572.7 +14.2 All Industrials Index 2,443.0 2.423.0 20.0 v AH Resources Index 930.0 920.6 +9.4 Turnover (million) 77.47 67.31 +10.16 BANGKOK SET Index 1.142.63 I.I 15.73 +26.90 Turnover (nearest-000) 54,333 51.172 2,461 JAKARTA Composite Index 611.98 613.57 -15.9 Turnover (nearest "000) 2,750
        424 words
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  • WORLD STOCK MARKETS
    • US blue chips end moderately lower
      • Article, Illustration
        NEW YORK
        1036 22 US BLUE CHIPS succumbed to late futures-related sell programmes and steep losses in the transportation sector especially in shares of UAL Corp to close moderately lower on Tuesday. "What just killed it (on Tuesday) was the incredible plunge in United Airlines. It just cast a pall over every-
        1,036 words
      • Article, Illustration
        LONDON
        735 22 LONDON SHARES finished higher at the close of a quiet session on Tuesday. There was little company news to move the market, but prices moved higher from the opening on optimistic performances in markets abroad. At the closing bell, the Financial Times-Stock Exchange 100-shares index was up 9.7 points,
        735 words
      • Article
        AMSTERDAM
        226 22 DUTCH SHARES were quietly lower at midsession yesterday, shedding a mid-morning rise. Traders said they were settling down for the results of AKZO this morning which will inaugurate the half year results season. The CBS all share index was 0.1 lower at 119.1 having reached 119.3 at one point.
        226 words
      • Article
        FRANKFURT
        272 22 WORRIES ABOUT the cost of German unity amid persistent demands from East Germany for more funds again struck West German shares, with the 30-share DAX index ending 26.23 points or 1.4 per cent lower at 1,892.89. 'The few buyers that were around (yesterday) morning soon switched to the sellers'
        272 words
      • Article
        BRUSSELS
        175 22 BELGIAN SHARES started mixed yesterday with a lower bias and dealers said trading volume was still small. They said some concern about the economic situation in East Germany and the weakness of the dollar were making investors wary. Belgium's stock market follows economic trends and the stock market in
        175 words
      • Article
        JOHANNESBURG
        350 22 JOHANNESBURG GOLD shares shares were narrowly mixed in slow trading at midday yesterday after Tuesday's rally, but the rest of the market was firm despite being weighed down by recent strength in the financial rand. Dealers said the bullion price rally to above US$37O again recently was very supportive,
        350 words
      • Article
        MILAN
        198 22 ITALIAN STOCKS started lower across the board in featureless trading yesterday, with profit-taking hitting blue chips after yesterday's gains. The MIB was down 0.3 per cent at 0900 GTM. Nervousness on foreign markets and uncertainty about the confidence vote in Parliament over the broadcasting legislation made investors cautious. Fiat,
        198 words
      • Article
        PARIS
        241 22 FRENCH SHARE prices held steady in midday trading yesterday after a weaker start, but volume was at rock-bottom in a becalmed summer market, dealers said. There's absolutely no volume," said one dealer. After opening at 1,959.27, the CAC-40 index had risen to 1,963.76 by 10.50 GMT, down 1.81 points
        241 words
      • Article
        TORONTO
        368 22 TORONTO STOCKS rallied to ctoae on Tuesday at the day's high on strength in oil, gas and gold shares, and in spite of Wall Street's late drop, dealers said. Integrated oils and oil and gas producers make about 9 per cent of the TSE-300 index. Golds also account for
        368 words
      • Article
        Untitled
        320 22 July 31 Ctoe PittioH NEW YORK Dow Jones 2,905.20 2,917.33 -12.13 NYSE Financial 139.91 139.50 -0.59 SAP 500 356.15 355.55 +0.60 Turnover (million) 173.81 146.47 +27.34 LONDON Financial Times 30 1,844.5 I.S3S.I +6.40 FTSE 100 2,326.2 2,316.5 +9.70 Turnover (million) 301.5 341.7 -40.2 AMSTERDAM CBS General 198.60 197.70 +0.90 Stock
        320 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      American dollar firms in late morning trading
      1246 23 FOREX MARKET REPORTS THE US dollar yesterday moved up in late morning trading in Europe as rumours of escalating tension between k Iraq and Kuwait in their row of oil and land swept through the market. As if to add weight to the
      1,246 words
    • Article
      INTERBANK FOREX RATES
      392 23 I Cross rates Au< uai US$ SS MS Dm Yen SFr AS NZS USS 1.8065 2.6955 1.5900 146.20 0.5382 1.3495 1.2579 1.6821 <» SS 0.5536 1.4921 0.8802 0.8093 0.2979 0.7470 0.6963 0.9311 7 MS 0.3710 67.02 0.5899 0.5424 0.1997 0.5006 0.4667 0.6240 IT Dm 0.62*9 1.1362 1.6953
      392 words
    • Article
      MONEY MARKET
      558 23 Interbank rates S> Bid Offer Overnight 4 5 1-month 6 7/8 7 2-month 6 15/16 7 1/16 3-month 7 7 1/8 O— mode: 5-1/4 US# Bid Offer 7 days 7 15/16 8 1/16 1 month 7 7/8 8 2 months 7 7/8 8 3 months 7 7/8 8
      558 words
    • Article
      Lock icon US$ set to test post-War low
      296 23 Reuter MAJOR central banks are likely to tolerate a further fall in the dollar, as long as the drop is orderly and does not cause turmoil in financial markets, said traders and economists. They expect the beleaguered US currency eventually to test the post-War
      Reuter  -  296 words
    • Article
      FINANCIAL FUTURES
      1520 23 SIMP EMMMLLM Open High Low Sett Est Vol Op/lnt Vol Sep 90 92.12 92.13 9lTi 92.12 3060 ***** 7206 Dec 90 92.21 92.23 92.20 92.21 4S73 ***** 9012 Mar 91 92.25 92.26 92.24 92.25 1520 5330 3375 Jun 91 92.10 92.12 92.09 92.12 604 757 129 Sep 91
      1,520 words
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  • COMMODITIES
    • Article
      China opts for more M'sian palm oil
      379 24  -  By David Chew CHINA has stepped up its imports of Malaysian palm oil in the first five months of this year in an attempt to meet its shortfall in fats and edible oils. Statistics released by the Kuala Lumpur-based Palm Oil Registration and
      379 words
    • Article
      Lock icon Japanese group seeks tariff system for rice imports
      256 24 Asahi A PRIVATE Japanese research group called on Monday for the country's virtual ban on rice imports to be lifted and replaced with a tariff system. The proposal made in Tokyo by the Forum for Policy Innovation, a group of economics and
      Asahi  -  256 words
    • Article
      Lock icon Kitingan notes timber's role
      137 24 Bernama TIMBER is the only large scale resource available to the Sabah government for use as capital to develop the state, says Chief Minister Datuk Joseph Pairin Kitingan. He said this was because in the case of Sabah and Sarawak, oil revenue was largely retained by
      Bernama  -  137 words
    • Article
      Tin continues to surge ahead on buying support
      852 24 REPORTS THE PRICE of tin rose another 19 sen to MS 16.40 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday on good buying support and sellers' reserve. "Buyers continued to dominate the market today as they remained bullish especially with
      852 words
  • Article
    PRICES
    1313 24 Rubber t Scents/Vj Noon Clot Inl 1 RSS Prompt IS3.7V154.75N I54.00/I55.00N IM I RSS Sep 90 154 00/154 50 154.25/154 75N Int 1 RSS Oct 154.75/155.25 155.00*155 SON Int 2 RSS OP 151.50/153.50N I5I.50/153.50N IM 3 RSS OP 147.00/I49.00N 147.00/I49 00N Int 4 RSS OP I43.00/I45.00N I43.00/145 00N Int
    1,313 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      690 24 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Mr Wee Chan Yuon of Blk 271, Queen St #06-212, Singapore (0718), have applied for a Wholesale liquor shop licence in respect of premises at M/s Hua Bao Agency Pte Ltd at Blk 7, Tanjong Pagar Plaza #01-106, Singapore 0206, and that
      690 words
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      Page 24 Advertisements Column 2
      522 24 THE COMPANIES ACT. (CAP. SO) AND IN THE MATTER OF FEBCO ENTERPRISES PRIVATE LIMITED (Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of Febco Enterprises Pte Ltd duty convened and held at 11.00 a.m. on the 26 July 1990 the following special resolution was duly passed. "That
      522 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide Co investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1034 25 Cfty Ftht ETA FH* ETD Afca MmM GA887 1225 KL840 2115 GA975 1300 GA894 2350 KL839 1415 AMaMa QF81 1950 QF82 2200 SQ228 2015 flwilniam SQ23 0720 GA975 1300 SQ24 2200 KL839 1415 GA894 2350 nttlini 0A472 0050 nnrtit»n< BA11 1455 SQ325 2045 Ma ala QF5
      1,034 words
    • Article, Illustration
      The Acropolis undergoing face-lift
      714 25  -  LETTER FROM ATHENS ASS? vvvvw jamm By Stephen Weeks The acropolis temples, towering over Athens and recalling the glories of ancient Greece, are undergoing their most ambitious restoration since Pericles had them built 2,500 years ago. The project, expected to run well into the next century,
      714 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pin yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.*****.***** Canadian dollar 1.5540 1.5740 NZ dollar 1.0610 1.0810 Sterling pound 3.3350 3.3650 US dollar 1.8010 1.8110 Local dollars to 100 units of foreign currency Austrian schilling 15.90 16.0 Belgian
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      78 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Aug 2-3 Marketing Ming Court Malaysian 03-*****39 Sep 15-18 International Paris Semaine 1/*****569 Strategy Hotel Stategic Leather Week Internationale KL Consultancy Du Cuir Sdn Bhd Sep 15-20 International Germany Munchener 89/***** Sep 7-17 International Switzerland Schwetzer Muster
      78 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      46 25 Ihi per-, ii khniic ivirv luiml.i\. M 1 B I f lhursljv.Vituril.il ml I h.mc I I I r m \trpor! it ":!■> hour* nil arriving it o'H.irt -A-M lntcrn.ition.il \irp<>rt the l.'llomrn; n A f. i; \i li <>1 i; i: sii A 11; Air Canada
      46 words
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      Page 25 Advertisements Column 2
      324 25 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF K.B. WAREHOUSE PTE LTD At an Extraordinary General Meeting of the Company held on 25 July 1990 at 96 Robinson Road #02-00 SIF Building. Singapore 0106. the following resolutions were passed 1. SPECIAL RESOLUTION WINDING-UP That
      324 words
    • Advertisement
      Page 25 Advertisements Column 3
      83 25 FOR BITS AND BYTES Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
      83 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      161 25 in cave (6) 28 Oid ships at end of booked in retirement (8) YESTERDAY'S SOLUTION passage? (8) 7 Mark of very little intelli- A |cicininlNlTMrlHl Iplplflpl gence? (8) Ly L |g^y u j^y N |j A y! DOWN 14 Fit tap that turns (3) |c[uAß|oMßMvfflTmcUjNj 1 Our colonel first to
      161 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      213 25 Singapore Outlook: Showers over i few areas in the late morning and afternoon Report; Max temp. 32.4* C Assoc humidity 65% Min temp. 26.4 Assoc humidity 92% Hrs of sunshine 7.05 Rainfall in mm Nil Rainfall this mth Nil Rainy days this mth Nil World forecast Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      42 25 >y o u *emem6e£ i AUOAYS VesTe/SDAy i ffcsseD ine DON'T TprtJCTn me I JMSCLF asp HOSP.TfcL ALutfWS I'm nPTA SOCGEON 7 J COOfcK>**G vesenitwit T 10 J y y~ x su)66€Jf! gs I I O EVEMNO STANDARD CO. LTD, INMM IIU
      42 words
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  • Article
    Building sector jobs expected to be worth $6.5b
    396 26  -  By Lilian Ang DESPITE the government's move to defer some building projects, nearly $6.5 billion worth of contracts are expected to be dished out this year in the booming construction industry. The latest projection is $300 million more than a Construction Industry
    396 words
  • Article
    Lock icon Tokyo can ride out US slowdown, say analysts
    385 26 Reuter JAPAN will feel the impact of any slump in the US, which still absorbs over half of its exports, but an American slowdown does not spell immediate trouble for Japan, say analysts. News last week that the US economy grew by
    Reuter  -  385 words
  • Article
    Lock icon Index of leading US economic indicators flat in June
    248 26 Reuter THE INDEX of leading US economic indicators, Washington's main barometer of future trends, was unchanged in June, the US Commerce Department said yesterday in a report that showed more weakening in several key measures of economic activity. The index is
    Reuter  -  248 words
  • Article
    Lock icon Employers worried about KL wage rises
    181 26 Bernama THE MALAYSIAN Employers Federation (MEF) is concerned that the escalation in wages has been unmatched by a growth in productivity. Its president, Datuk Dr Mokhzani Abdul Rahim, said that employers were concerned that the trend would make Malaysian industry less competitive in the
    Bernama  -  181 words
  • Article, Illustration
    Beware of false prophets
    671 26  -  The Bottom Line DAVID FULLER DAVID FULLER The writer is chairman of Chart Analysis Ltd A FASHIONABLE theory among equity investment managers for a number of months has been that most stock markets would weaken during the first half of the year, and would strengthen thereafter.
    671 words
  • Article
    Lock icon HK depends on West, China: Gatt
    136 26 Reuter HONGKONG'S future prosperity hinges on how widely Western markets open themselves to its exports, and on what happens in neighbouring China on which it is increasingly economically dependent, says a Gatt report. More than 16 years of Western restrictions on shipments of textiles
    Reuter  -  136 words
  • Article
    Lock icon EC fears being saddled with E German farm problems
    295 26 AFP THE EUROPEAN Community is worried that East German agriculture will cost it dear, fearing that it will not only be faced with the costs of unemployment among farmers but also rising East German agricultural surpluses. East German farmers have been
    AFP  -  295 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      83 26 Piagel JMILLIER EN HORIOGEKIE DEWIS 1874 GENEVE Bi v^ (3ERRUTIIBBIITUJW39 LADIES' BOUTIQUE HUyiTUOfl 2HKIAJ #02-61 Wisma Atria, Orchard Road Tel: 733 1886 MEN'S BOUTIQUES 83UQITUO0 B'H3M #01-1$ The Paragon, Orchard Road Tel: 235 %55 #02-S4/60 Wisma Atria, Orchard Road Tel: 734 93*0 #01-45 Forum Galleria, Orchard Road Tel: 733 1882
      83 words
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      Page 26 Advertisements Column 2
      120 26 PiageT 1 fWIIIER EN HORLOGERIE DEPMS ISM GWUVE DESARU RESORT GOLF CLUB ("THE CLUB") The Desaru Resort Golt Club, a proprietary club, is now owned by Desaru International Resorts Sdn Bhd through Kejora Golf and Realty Development Sdn Bhd. All members, potential members, and members of the public are hereby
      120 words
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      Page 26 Advertisements Column 3
      8 26 HK trade policies wia Gatf commendation, Pr 9
      8 words
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  • Shipping Times
    • Article
      Baltic Orient Shipping in dispute with clients
      488 27  -  By Dexter Lee THE FINANCIAL problems dogging Baltic Orient Shipping (BOS) have landed it into another dispute, this iime with shippers and freight forwarders in Singapore. The shippers and freight forwarders complained that their cargoes, which were booked with BOS and worth $2.8S
      488 words
    • Article
      Lock icon BA appeals for an end to British flight restrictions
      274 27 AP BRITISH Airways said on Tuesday it plans to appeal to the government later this year to scrap restrictions on flights to and from Britain. The airline recently won approval to introduce two additional Boeing 747-400 flights a week to Australia
      AP  -  274 words
    • Article, Illustration
      Box cargo handled by Kelang terminal up 26pc
      387 27  -  By Othman Abu Bakar THROUGHPUT at the Kelang Container Terminal (KCT) shot up by nearly 26 per cent in the first half of this year over the same period last year to 229,518 twen-ty-foot equivalent units (TEUs). In June, KCT shot past
      387 words
    • Article
      SCICI looking at new method of financing ship acquisitions
      405 27  -  From Shirish Nadkarni in Bombay THE Shipping Credit and Investment Company of India (SCICI) is looking at introducing a novel method of financing ship acquisitions along the lines of the limited partnership system prevailing in Norway and other European countries that
      405 words
    • Article
      Jakarta to allow private companies to manage ports
      282 27 THE INDONESIAN government is formulating a decree for the establishment and management of commercial sea ports by private companies, says Transport Minister Azwar Anas. This was announced at a seminar organised by the Indonesian Engineers Association (PI I) on Monday, where he
      282 words
    • Article
      Laem Chabang operations likely to face delay
      360 27 OPERATIONS at Thailand's first deepsea port, Laem Chabang, are expected to be delayed by the failure to have support facilities ready on time. Although construction of Laem Chabang Port is progressing ahead of schedule, the delivery and installation of support facilities are not
      360 words
    • NEWS SUMMARY
      • Article
        RCL to diversify into non-shipping areas
        63 27 REGIONAL Container Lines (RCL), one of the largest shipping groups in South-east Asia, has embarked on a diversification path into ventures outside the shipping world. The company, which is listed on the Securities Exchange of Thailand, is also poised to apply for a listing
        63 words
      • Article
        Aussie Labor party calls for meeting
        30 27 THE AUSTRALIAN government's controversial privatisation plans for Australia's airlines and telecommunications hinge on a specially convened meeting of the ruling Labor party Back Page
        30 words
      • Article
        Refineries not affected by Houston closure
        49 27 THE closure of the Houston ship channel because of an oil spill is not causing any immediate problems for the halfdozen refineries in the area, but it could hinder operations if oil deliveries are withheld for the rest of the week Back Page
        49 words
      • Article
        Mexico to auction off Telmex on Nov 15
        34 27 MEXICO, which announced plans to sell off its state-run telephone company Tetefonos de Mexico (Tetmex) last year, will auction it off on Nov IS Back Page
        34 words
    • LOG BOOK
      • Article
        Japan orders inspection on 36 Boeing 737s
        98 28 JAPAN'S transport ministry has ordered local airline companies to inspect 36 Boeing 737s and DC-9s after part of a Boeing 73Ts engine cover fell off during a flight, a ministry official said on Tuesday. The official said the Civil Aviation Bureau told four
        98 words
      • Article
        PAL operating normally
        84 28 THE state-owned Philippine Airlines (PAL) said on Tuesday it was operating normally despite the suspension of eight top officials linked to multimillion-dollar irregularities. A PAL statement said subordinates of the suspended executives would take over their functions, and that the firm's president Dante Santos had assured there
        84 words
      • Article
        NYK plans to buy Comercial
        82 28 NIPPON Yusen KK plans to take an as-yet unspecified stake in Comercial Combalia Sagrera SA, its agent in Spain, as part of moves to strengthen its intermodal distribution services around Europe, a spokesman for the leading Japanese shipping company said. The Barcelona-based company has been
        82 words
      • Article
        Mitsui hopes to expand sales
        97 28 MITSUI and Co Ltd said it hopes to increase sales of a chemical material used to energise automobile airbags that protect front-seat passengers. The Japanese trading firm will export sodium azide made by Masuda Chemical Industries Ltd initially to the US and later to other
        97 words
      • Article
        Navistar signs distribution deal
        68 28 NAVISTAR International Corp said its Navistar International Transportation Corp subsidiary signed a distribution agreement with Perkins Group Ltd of Peterborough, England. Terms call for Perkins to market and sell Navistar's 466 family (7.6 litre) of mid-range diesel engines to its customers worldwide. Navistar said the agreement
        68 words
      • Article
        Workers set 72-hour treaty
        65 28 WORKERS for the port of Rio de Janeiro approved a 72-hour treaty with management in assembly on Tuesday, an official of the Port Workers Union said. The treaty ended the threat of a walkout at midnight on Tuesday at Brazil's second largest port. "This treaty, which
        65 words
    • Article, Illustration
      RCL plans non-shipping expansion
      1179 28 Thai-based Regional Container Lines is fast expanding, with plans to diversify into several non-shipping areas. The article below looks at the developments Regional container Lines (RCL), one of the largest shipping groups in South-east Asia, has embarked on a diversification path into ventures outside the shipping
      1,179 words
    • Article
      COCKETT BUNKER MARKET REPORT
      957 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      957 words
    • Article
      THE SHIPPING GUIDE
      12746 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,746 words
    • Article
      SHIPPING AGENTS
      3361 41 A.BC ContainerUne NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S).
      3,361 words
    • Article
      COURIER SERVICES
      234 41 Abacus Couriers Td: 545-8011.448-6415. Air Express Service Td: 533-5771. Fax: *****44. Airborne Freight Corporation Td: 542-8844 Fax *****16, *****80. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Td: 344-3377. Fax: *****50. Ouster link Supplies Services Td: 296-5720. DHL International Td: 344-8911. Fax: *****61. DPE Courier
      234 words
    • Article
      AIR FORWARDERS
      1468 41 Abex Express Freight Td: 542-7171. Fax: *****84 Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroliak K G Freight International Td: 545-5992. Aerosoeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air
      1,468 words
    • Article
      PORT CONDITIONS
      2730 42 ARGENTINA Saa Loruk Port busy; 7 vessels operating of which 6 loading pdletized meal/by-products, I discharging chemical products; 4 vessels tn roads awaiting berths to load grain/by-products. Bcaariir Four vessels in port of which 1 loading sugar, I vegetable oil, 2 pdletized meal; 2 vessels in roads awaiting
      2,730 words
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      Lock icon SHIP SALES & TANKER RATES
      597 42 SHIP SALES TANKER RATES Reuter, AFP VESSELS SOLO FOR FURTHER TRADING Mk catikit HnalilaaH 19,122 dwt and built 1971, was purchased by Greek interests for around US$2.l million. Silver Bill: 41,300 dwt and built 1990, sold to unnamed buyers for around US$l9 million. Resale Leonhardt 9,132 dwt and built 1975,
      Reuter,; AFP  -  597 words
    • Article
      AIR FREIGHT SCHEDULE
      494 42 ARRIVALS DEPARTURES Q» Flight Type ETA Frw Of night Tyye ETD To TODAY TODAY KAL KE697 B747F 0155 SEL KAL KE697 B747F 0440 BKK NCA KZ203 B747F 1935 NRT SIA SQ/BA822 B747F 0700 DXB/LHR FDX FM75 B747F 2130 JFK/IND/ANC/ NCA KZ204 B747F 2335 BKK/NRT NRT/TPE KAL KE685
      494 words
    • Article
      CRUISE & FERRY SCHEDULES
      367 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Art IVp Name of Vessel ETA ETP Port Ageat Porte of Calk AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-Freman tie-Jakarta-Kobe 28 29 Andaman Princess 0800 1700 Andaman Cruise Cruise to nowhere 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to
      367 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        577 43 VMM toy Ni BarM Antral Dapartm VaaaM Vay Na Mi AntaM Dapartare Kippd Wk H Karaata 93 P3E 02.08/2000 0108/0130 /Mil Qmm 5 K18 0108/2300 Hamdah 16/90 P2C 0108/1530 02.08/0600 Rata Barsa E-859A K33 05.08/0600 Honi Wbon ***** P2B 02.08/1900 03.08/1200 Ma Bartan 35/30 K32 02.08/1900 JanM
        577 words
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        CONTAINER SCHEDULE
        1020 43 RECEIVBK OF EXPORT Fa COWTAIWERS AND LCI CARGO beard Mb S# Voy No Mod From To Fran PofDbcMSpm H Goncharw 22S80 3 02/0700 02/1159 02/1400 Anson *****N 2 01/1700 02/0659 02/0900 4 02/1200 02/1459 02/1700 Mt m 9012 1 01/1500 01/1659 01/1900 B Bntev 01N 2 01/1700 02/0669
        1,020 words
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        IN MALAYSIAN PORTS
        318 43 Not Hm SmIi Pert on Ami 1: Hoegh Drake berth 2; Soon Hoe berth 3; Janwin berth 4; Swee Long Satu berth 7; Swee Arm Satu berth 7 A. KCT; Wan Hai 201 berth 8; Mhon berth 9; Evergjfted berth 9; Benalder berth 10. North fort Ifcra
        318 words
    • Article
      DAILY FREIGHTS
      1026 43 The dry cargo freight market held largely steadv in routine business with fixings made on the US Gulf to Japan grain route at broadly unchanged levels, shipping broken said. The BFI index was up four points at 1,165 while all the key US Grain route subindices were marked
      1,026 words
    • Article, Illustration
      Lock icon Aussie Labor party calls for privatisation meeting
      434 44 Reuter THE AUSTRALIAN government's controversial privatisation plans for Australia's airlines and telecommunications hinge on a specially convened meeting of the ruling Labor party, which by tradition determines policy. Labor Party national secretary Bob Hogg said that the conference, to be held in late
      Reuter  -  434 words
    • Article
      Lock icon US postpones complaint against Airbus
      145 44 Reuter THE US is postponing a complaint over alleged illegal subsidies to Airbus Industrie after a new European Community proposal to end the dispute, the US Trade Representative's Office said. Spokesman Timothy O'Leary said "we are review- ing the situation. There are signs of flexibility."
      Reuter  -  145 words
    • Article
      Lock icon Mexico to auction off Telmex on Nov 15
      213 44 Reuter MEXICO, which announced plans to sell off its state-run telephone company Telefonos de Mexico (Telmex) last year, will auction it off on Nov 15, the government news agency Notimex said. It said the exact terms of the privatisation will be disclosed
      Reuter  -  213 words
    • Article
      Lock icon Houston channel closure has not affected refineries
      344 44 Reuter THE closure of the Houston ship channel because of an oil spill is not causing any immediate problems for the half-dozen refineries in the area, but it could hinder operations if oil deliveries are withheld for the rest of the week, oil
      Reuter  -  344 words
    • Article
      Lock icon Board blames Exxon in part for Valdez oil spill
      204 44 NYT DRINKING by the ship's captain, a fatigued and overworked crew and inadequate traffic control by the Coast Guard all contributed to the enormous oil spill by the Exxon Valdez off the Alaskan coast last year, the US National Transportation Safety
      NYT  -  204 words
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      31 27 SWEEHENG METAL CO PTE LTD I No 13, Tuib Avenue 14JTPORE 2283 FAX 861-2946 I TEL: 861-6666 fLME&fI HI Commercial Cleaning Equipment HJ Industrial Maintenance Equipment Ako wrtd I repair. ONSAUNOW.
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      51 27 Mr Forwarders 15 Mr Fretftf SdwMe IS Cockett Report 2 Contra Schedule 17 Ceaner Servim J5 Cram t Ferry schedules IS My Fn*fe 17 Mb to Advertiser? 13 Port Contains IS Sep* ferns 15 S*pn| Glide IQJI Shpsates/Tanker Rates 16 SMpi Port 17 Support Tries 17 Weaker Mi See Conttoi
      51 words
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      149 28 Executive Style STYLE— The executives want it. It makes a statement. It sets them apart from the mainstream. It gives them that added edge in a world where impressions, like it or not, do last. You, as the purveyors of style, should know what we mean and we invite you
      149 words
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      1759 29 mromk swmNG Afioicics Ml \uh/ 5 Ssirs'io"» Ki,S'* t s ot KSwM3_' FG39I ®S"Sw»«s i a Vftrtr PESAKA JARDINE SHIPPING AGENCIES SON. BHD. PORT RELA NG TEL *****11 TELEX NO. MA*****/MA***** SS±S PENANB TEL (***** TELEX NO MA***** CFS TEL 349K6 Undtcated to Ouality CH?»vk:t! RMl|fflE| PGUDANG TEL *****2/3 TELEX
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      972 29 MDEX TOfIDVWmS I MaerskLine 3 4/5 1 1 *MISC 14 1-3 ABC Containerize 13 5 M'sia Shpg Corp 9 1/2 Accord Shpg 8 1-3 Mendelssohn 5 1/2 Albatros Sea-Air 14 S MOL 18 4/5 APC Line 14 4 MOSK (Forest) 5 5 APL 5 3-5 Mutiara Samudra 18 I Arrow
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      Page 29 Advertisements Column 3
      1865 29 Vw* Vo* ETA ETD -port 'Pwwno] KMang DESTINATIONS r TN» wMk MM* M 900© Clowng Tim* FtM« by jffWWIWIHWII— CY 7rn o*oo MRS M rtno a era- mmmmw M T oak |lob hou mem ati mia cks bal phl myc mom tST "ETTE M BOOS 7f% 8/8 In Pt 4/8
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      1052 30 ROTTERDAM/I VOY NO S POflE P. KELANO SOUTHAMPTON HAMBUWO BREMERHAVEN ANTWERP LE HAVRE KATSURAOI 01/890 2/8 212 212 23/8 252 BENAVON 96/888 V 8 22* 2S£ 27/8 HAMBURG EXPRESS 97/892 W8 afnal DCR 96/506 12/8 29/8 31/8 5/9 KOWLOON BAY 96/596 16/8 I S2 22 im TOKYO BAY 99TC89 19/8
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      449 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I. FLOREANA 28/8 11/9 16/9 21/9 ALSO ACCEPTING CARGO VIA SUVA TO: IAUTOKA, rAGO PAGO, APIA I RUKUALOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP I. FLOREANA 28/8 4/10 5/10 9/10 aim KM*inc Carpi to Callae (Pern) via Vaija AfIWHK SINGAPORE: *****06
      449 words
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      1126 30 Misassiii &m REGULAR INDEPEHOENT RILL CONTANgW OEWVICg WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM J* 2& Sfc Vm NOR ASIA MUBARAK 1022-3 03/ M 24/J6 2WB 29/06 Bg mS IIS SS N-AL MANSOORAM 0023 3 IWOB 3 02*» fcg» 07J9 OJ9 09j» UJ» UP JAPAN SEA
      1,126 words
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      1740 31 RgSteamers Maritime Holdings Ltd mp&o STRAITS SHIPPING f* Dmmmal CAM# iContainers EuS&rsZSZ"*"** Voy No P Want S pore S ton M bur| O'hamn Rdw La* ACCEPTS DOC SAILS KATSURACI 01,550 »T SHU4I3O/7 (X 3« 2M4 2201 24/04 20/01 27» CARGO KNAVON »553 OAR-31/7 KM H» Hff 27» BINTANG SERIA VI4E
      1,740 words
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      Page 31 Advertisements Column 2
      1683 31 SpWSfllTfflllllTO TO: EUROPE TO: FAR EAST SP IN RDM HAM B'HVN FIX SPORE HK KAO KOB BU HANJIN OAKLAND 009W 7/1 25/1 2M 27/1 29/1 31/1 HANJIN HAMBURG 001 El/l 11/1 12/1 IS/I 11/ l t CHOYANG SUCCESS 010W 11/ l 5/9 &/9 7/1 1/9 10/1 HANJIN ROTTERDAM 009E 13/1
      1,683 words
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      Page 31 Advertisements Column 3
      377 31 pyy/j/ffiK^Bi/Blgyn/wTyni STRAITS/ JAPAN/ STRAITS SERVICI SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASIAN TANJUNG PIONEER STAR EMAS VOY. NO 7 114 10 S'pore 12/8 IS/I 20/8 P. Kelang 14/8 20/8 22/8 Penang Hong Kong Yokohama 5/9 9/9 10/9 Nagoya 3/9 7/9 8/9 Osaka 5/9 Senboku 1/9 6/9 Kashima Hochiminh "Fof
      377 words
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      600 32 DJASAGETRI A Joint Europe Service Of. P T. OJ/UUUITA LLOYD M. SttURI LLOYD F.T. SAMUOIRA INDONESIA P.T. TRIKORA LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE 'VSI/VOY SPORE R'DAM/ H'BURC BREMEN ANTWERP ADAM PANJANW2CWB 3-6,8 31/1 4/9 1/1 11/9 KUTAI/7SWB 11-22/1 23/9 2179 5/10 ■ATARAM/27W8 22 W 22A0 2S/10 29/10 2/11
      600 words
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      840 32 HANJIN SHIPPING yy FULL CONTAINER SERVICE I S port I L«Ha«r« R dam H burj B'havw F»tow« FEEDER VSL SIN LINE MAUL LAX OAK 7/8 25/8 26,1 27/8 29/1 3M HANJIN ROTTERDAM 00X 13/8 H. SEOUL UK 7/J 9/9 1878 I 5/9 6/9 7/9 9/9 IQ/9 CHOYANC CHANCE 048E 28/8
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      Page 32 Advertisements Column 3
      1590 32 —if j H-(H a PPKL SCP HKG KSC KLG PUS MKT OSK SOU TYO LAX CHS BAL NTC U4V ANW ROM FIX H« SGP D RE-032 1A In PI 7/0 H 1H 13H 1» 1!« I» M n* 1M I'O W M W M !*l 1M 2VU At-an u M
      1,590 words
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      Page 33 Advertisements Column 1
      1658 33 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 mm AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 •HQS TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 BW;26l4o3^"f?<c!) A *****87, Pwung-(04) *****0, J.Bahru (07) *****3,
      1,658 words
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      Page 33 Advertisements Column 2
      1190 33 *swsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 IPENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FOB WESTBOUND yarns vovmi |vok |mmhu nkom votme vom hum nkjk nuvm nuun nn mrm* t uaxv 155
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      Page 34 Advertisements Column 1
      1462 34 4\> W Wm X AS AGENTS KAWASAKI SINGAPORE (PTt) LTD (CR No: 1244B*****0M) Vn K4 TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 \M J MALAYSIA: HARPER WIRA SON BHD TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. /jxrorr N. AMERICA PACIFIC SOUTH-WEST /jr*ro*T N. AMERICA PACIFIC
      1,462 words
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      Page 34 Advertisements Column 2
      729 34 PHILI-ORIENT LINES PTE LTD Sfi, 1 (The Complete NVOCC Package) 5 AJG MONTREAL, OTTAWA, TORONTO, Vancouver, s"western ontario. /TI CHARLESTON, CHICAGO, 9 AUG DUBAI, DAMMAN, KUWAIT, DOHA, I LONDON, THUNDER BAT, WINNIPEG, MUSCAT, BAHRAIN, ABU DHABI, I REGINA, SASKATOON, SHARJAH I CALGARY, EDMONTON, KELOWNA, I KAMLOOPS, VERNON PENTICTON 3 AUG
      729 words
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      Page 34 Advertisements Column 3
      397 34 r GOLDEN LINE A YVrrV guan guan shipping (PTE) LTD 23 Tatak Avar Straat SINGAPORE OM 1 -TEL: 5343 M (W LINO) Far. BOM (CD IOUMMMV) «W*n»WI«MOWIWKI S"por» p. Kataot Pcdm| GOLDEN WONDER CotomMUricMfcita. ta Part GOLDEN HAVEN CatomtwlUradu/DulMi l/lt Awf cwa—ncm DAI TUN SMAN Xiamn/FuAou 2WO Aug CHANGDU Panr
      397 words
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      Page 35 Advertisements Column 1
      1528 35 SSSSsUmm pacific international lines (pte) ltd WmtEmWM BMP PIL Building, 140 Cecil Street KttOO, Singapore 0106. r-»*K«RTA I BANGKOK vessel voy am jkt sin vessel vov SIN bkk sin KOTA RIA MSB i/l M KOTA NAOA 13N 4/1 7/8 11/6 KOTA MCLATI 14SS M 7/S 1M PEGASUS PROGRESS 82SN 7/8
      1,528 words
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      Page 35 Advertisements Column 2
      1133 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint liA Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL |VOY SPORE PKLANG S*HAMPTON| HAMBURG B~ HAVEN R'DAM LHAVRE Katsuragi 01/590 3/8 27/8 21/8 23/8 20/8 26/8 Benavon 95/593 6/8 Via Bar 23/8 26/8 28/8 Hamburg Express 97/592 9/8 3/9
      1,133 words
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      Page 35 Advertisements Column 3
      317 35 MYANMA VBk FIVE STAR LINE (Myanmar National lino) Loading for Yangon (Rangoon) Sport P.Kelang P*» MERGUI VIOOW IN PT MYOMAYWA VI29W ¥7 AUG HPA-AN VIS3W I*l4 AUC PATHEIN VIO4W 12/11 AUG THE BANK UNI (As«fvtc«ef Andrew W*«r Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA HEW GUINEA 1
      317 words
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      713 38 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUT #00 NO SN FIX MV RDM ANT HK RST ULMICHT iflO InPt 2MW2M3M PANAMA SEN WF#H 7/1 3M 31>* 1/1 3/1 Sfl T. WENOA M IS/4 7/9 1/1 10/1 12/1 AMERICAN SEN WFVM Z& 11/1 14/1
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      Page 38 Advertisements Column 2
      1302 38 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OKI CMMUMTM SERVICE Tfc FAR EAST PORT KELANG 10/8 ft 17/8 MANILA 4/8 ft 11/8 PENANQ 10/8 A 17/8 BUSAN 5/8 A 12/8 BANGKOK 5/8 8/8 TOKYO 9/8 10/8 HONG KONG 6/8 10/8 YOKOHAMA 9/8 16/8 KAOHSIUNG 5/8 12/8 KOBE 9/8 16/8 KEELUNG
      1,302 words
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      Page 38 Advertisements Column 3
      252 38 [QBHHHB LOAOINC FOR LOADING FOR BUENOS AIRES VtSKL MM CM OM MIIICS NVIOtO *10 STS VIT PttUA MOSTVfEN 1M 2MI/I- Ufl m w VtuAMA m w Ul* on llfll V Mfti C ISAKL UH alO yu l/U lifll •osMntN i uni aiu w wu ivu -a/12 V.TRA DISCHARGING FM BRAZIL
      252 words
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      Page 38 Advertisements Column 4
      1231 38 i£. CHINA OCEAN SNIPPING COMPANY v 1 "wS"FULL CONTAINER LINER SERVICE telex*! Srasw- i-ut-t ..MiMin in im CABLE: COSTARU WE General Agents: 006 TAR SHIPPING PTE LTD A vessel/vov so ax rot ham ant ow ytsstuvor fix iot ham ant duk luo imm mm am am am hm an he/me
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      699 39 nihon-asTaH CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 10/8, 17/8 I EUROPE all Ports 4/8, 11/8 BANGKOK 7/8, 13/8 1 HONGKONG/CHINA 7/8, 18/8 SYD, MEL, ADEL, BRIS 8/8, 15/8 FREMANTLE 12/8, 21/8 MANILA 10/8, 17/8 PKLG/PENANG 5/8, 12/8 Port Koiang Branch Tel: *****21/2/3 Fax:
      699 words
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      253 39 SnHPBnBBTBBHB B pte W g TEL: *****33 (12 Llnaa) m FAX: *****15/*****03 fH TEUEX: RS ***** RISHIP (3 Llnaa) r ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCI AND CONVENTIONAL VESSEL VOV ETA jLOAOINO FOR SPOBE ASSAY WOMZ 25W8 tM OAME3SALAAM. MOMBASA. DJWOUTI A3BAB. MASSAWA. HOOCOAH NETSANET 20MB
      253 words
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      721 39 tea.P T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS Of S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. > WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 hKhMw- inoonou omvicc i VSL VOY SIN
      721 words
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      Page 39 Advertisements Column 4
      527 39 <^iiriiiiTAß^Z> BANGKOK _J_ CEBU/MANILA wvw --I L.. 1 11 1 MAMA BHUM# 2BN Tlwr lnH Sm g SO. OBIEWT M > > M MEKHANIK KURAKO MN Frl 3/» Maw AKA BHUM 32S 10* 1* 1* SIR I BHUBM Um Sun 5/0 Wtd SO ORIENT 17/» 2* CMAIYA BHUM# 00* Tut
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      Page 39 Advertisements Column 5
      269 39 TO AUSTRALIA/NEW ZEALAND f nmi ttt~ ttF 5i vi Sji "5» 5i wmi m m T"*» "5 5» tit ivu m~m vn wa w uJS »ii COT w» wi nm {Sir 55 w M» aaplhl orp tacAUSTMUA AMaMa Br Man* NEB KALANO —Wrtlißfton, Nap*. Chnstdwrt* TO USA/CANADA ml [Tfppiri In
      269 words
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      1162 40 MAC HFI t SINGAPORE Eimr tel tnzta nmr til «iwm fl| PfNANG TEL: (04) *****6 KK I TEL: (086) *****01TAWAU TEL: (069) *****9 p. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 IZJ \J
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      Page 40 Advertisements Column 2
      507 40 BLUE STAR LIU SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY BAIUNGB DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOB AUCKLAND, NAPIER, WELUNGTON, BLUFF, CHRISTCHUBCH, DUNEDIN, LYTTELTON, INVEBCABGIL, FIJI AND TAHITI SJN N. PLY AUCK ITT MAHSURI 0578 10 Aug 21 Aug Via NPt. 2<l Aug
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      Page 40 Advertisements Column 3
      1101 40 I THONG SOON UNES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una Iwt lira Ikit «ia nr if Imw KIM SOON LI 30/90E 4 AUG
      1,101 words
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      13 42 National Day Supplement Free with your copy of Business Times on Aug 8
      13 words
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      Page 42 Advertisements Column 2
      57 42 I VESSEL NAME V£Y ETA £T£ DESTINATION SEAIIAR 16/90 4/8 6/1 VANGON (BURMA) TOMOH SATU 3/90 l/S 10/8 VANGON (BURMA) MAN HO 1 11% 130 15/1 YANGON (BURMA) FOONG SUN SHIPPING A TRADING (PTE) LTD #25-09 A international Plaza 10 Anson Road Singapore 0207 Til: *****73. *****17 Fax: *****50 Telex:
      57 words
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      Page 42 Advertisements Column 3
      88 42 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S par* P. Gudang P. Kel«ng Loading For PUJIANG M UW HUANGPU HUAXIA ISA 17* HUANGPU iXINGANGAJINGQAO LBHUI 15fl M HUANGPU GUANGSHUI 11/8 m 17# HUANGPU/XIAMEN/SHANGHAI O*OE 228 HUANGPU JtANCHANG HUANGPUfXINGANQQINGDAO TAI DONG HAI M HAIKAO SCHINDON TRADE ft FREIGHT SERVICES 47 BEACH RD,
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      Page 42 Advertisements Column 4
      18 42 VSL ETA LDG FOR JN 1 5-8/8 BANGKOK CICELIA 8-10/8 YANGON TEL: *****83 FAX: *****36 TLX: ***** JNMARI
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      411 43 TIDES AND WEATHER ————> TODAY'S TIDES (toght in metres) JR 13 1 1 09 0.9 10 1.1 15 1.4 15 1.8 15 15 13 1.4 1.4 15 15 15 2.1 23 25 14 25 15 ft 15 1.0 0.9 19 0.9 10 L 2 L 4 15 1.7 1.7 li
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      Page 44 Advertisements Column 1
      416 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -fEBr SHIPPING CORP., KARACHI. INDONESIA ft MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/7/90 INDONESIA ft MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA ft JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI
      416 words
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      Page 44 Advertisements Column 2
      690 44 AHYUNDAI MERCHANT MAHNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBN OAK SEA HKC SIN HYUNDAI INNOVATOR 34E 21/07 02/01 20/01 23/00 26/01 2S/0B LALANOIA 32W 25/06 21/06 01/07 19/07 26/07 HYUNDAI EXPLORER 33E OS/OO 00/08 27/00
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      Page 44 Advertisements Column 3
      555 44 ALL SeT WaaiMg IASHiHS CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 |Fm«« tnm |V* PKIPKL |Mto Vanat |v* lux I owl mom law. |«.|tc| I Myna 111 iCOi in*a wmmrnT vjh T" vjT a mufw vjmT tji" a* |27/ i I*. I*. |m l»» larferl OUR
      555 words