The Business Times, 6 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 Monday August 6 1990
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  • NEWS SUMMARY
    • Article
      Marines sweep into Liberia to evacuate Americans
      69 1 MORE THAN 200 airborne US Marines swept into Liberia and evacuated 59 Americans from the US Embassy without any shots being fired or resistance encountered, the White House said. Rebel leader Charles Taylor immediately called on all Liberians to fight to "oppose all
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    • Article
      GES's big venture
      35 1 HOME-GROWN computer manufacturer GES Singapore is forging its biggest joint distribution venture in France, a business which is expected to rake in sales of around $25m within a few years Page 2
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    • Article
      US-Viet talks open
      29 1 IMPOVERISHED Vietnam is waiting with bated breath as the first political contacts between Hanoi and Washington for 12 years open in New York today Page 7
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    • Article
      India invites oil firms
      29 1 INDIA will invite foreign firms to explore for oil but will offer them the country's more difficult blocks to drill, say government officials. Page 7
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    • Article
      Second term approved
      32 1 THE US Senate Agriculture Committee has approved the re-nomination of Wendy Lee Gramm to a second term as the head of the Commodity Futures Trading Commission (CFTC) Page 8
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    • Article
      Successful crossovers
      31 1 THE Berlin Phil cellists playing Beatles and Benny Goodman playing Beethoven are not the musical misalliances they appear to be. J Gordon reviews two successful crossover albums Page 15
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    • Article
      MISC to buy 4 tankers
      39 1 THE Malaysian International Shipping Corporation (MISC) plans to order a new Aframaxsized tanker for crude oil trade and three medium-sized tankers for product trade to meet growing demand from shippers. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      NOL to raise loan
      41 1 WITH SEVERAL credit lines maturing and its redeemable preference shares due for redemption, national shipping line Neptune Orient Line is planning to raise about $350 m from the loan market within the next two months. Page 3
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    • Article
      Pico defers listing
      50 1 PICO ART, a leading local exhibition and design company, said that it has deferred its listing application to the Stock Exchange of Singapore pending the outcome of a corruption case against a manager of Pico (B) Sdn Bhd, a former subsidiary of the Pico group. Page 3
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    • Article
      QAF to build KL plant
      34 1 FOOD GROUP QAF Ltd is investing Msl6 million through its Malaysian subsidiary, Gardenia Bakeries (KL) Sdn Bhd, to build a new bread manufacturing plant in Shah Alam Page 3
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    • Article
      New vessels
      28 1 HAI SUN HUP is positioning itself for further growth through capital investment in its ship-owning business by acquiring two new vessels for long-term charter Page 3
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    • Article
      JCB eyes S'pore
      30 1 JAPAN'S biggest credit card company, JCB International, plans to issue its own brand of plastic plates in Singapore through the United Overseas Bank next year Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Friday Change BT-MGA 786.73 -9.81 Kuala Lumpur ....615.94 -6.83 Hongkong 3,356.95 -58.23 Tokyo 29,515.76 -729.42 Sydney 1,588.0 -28.6 Friday Change New York 2809.65 -54.95 London 2284.6 -19.9
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.8080 Yen SS 1.2106 MS SS0.6695 Money market rates Overnight 5 3/4 1/2 3-month 6 7/8 1/4
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    • Article
      COMMODITIES
      38 1 London Gold PM fix US$380.00 -US$0.70 Rubt)^r S pore Sep I54.00*/kg -0.75 M'sia Sep M232.50 «/kg -0.50 KL Tin Turnover 52 tonnes -21 Spot MSl6.28/kg -12 Crude palm oil Turnover 229 lots -120 Aug MS660 /tonne unch
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  • Article
    Interest rates, Singdollar likely to remain strong
    565 1  -  Impact of Iraq's invasion of Kuwait UOB raises prime; PUB expected to adjust charges; uncertainty surrounds oil companies' Kuwaiti contracts By Lilian Ang, Alvin Tay LAST THURSDAY'S Iraqi invasion of Kuwait may mean that high local interest rates as well as a strong
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  • Article, Illustration
    Lock icon Iraqi withdrawal: US sceptical
    407 1 Reuter, AP, AFP IRAQ said its troops began a phased withdrawal from Kuwait yesterday leaving behind a nine-man puppet interim government, but the United States expressed serious scepticism and could not confirm any withdrawal. Asserting that the US had "no independent or confirmable information on this
    Reuter,; AP,; AFP  -  407 words
  • Article
    Chok Tong: Don't seek to shorten national service
    274 1 SINGAPOREANS should not press for the period of national service to be cut, said the First Deputy Prime Minister, adding that Iraq's invasion of Kuwait held a lesson for Singapore and the Republic must never allow itself to become a Kuwait. Goh
    274 words
  • Article
    Convention firms looking to govt for more support
    387 1  -  By Genevieve Cua COMPANIES in the multimillion dollar convention and exhibition industry are concerned about rising business costs and are looking to the government for greater support. Their views will be expressed in a paper which the Singapore Association of Convention and
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  • Article
    Growth of 40-50pc seen for exhibition industry
    228 1 JUDGING BY net exhibition space, Singapore's exhibition industry is likely to post a strong growth of 40 to 50 per cent this year. Net exhibition space refers to the space allotted to exhibitors alone, excluding passageways. According to Mr Stephen Tan, president of
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  • Article
    Lock icon Japan suspends ties with Iraq
    236 1 China to stop arms deliveries Reuter, AFP JAPAN halted trade, credit and other commercial links with Iraq yesterday, joining the United States and the European Community in applying stiff sanctions against Baghdad for its invasion of Kuwait. Japan banned imports of oil from Iraq and
    Reuter,; AFP  -  236 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      406 1 The best just keep getting better... and better..." H5 MAGAZINE I 1 1 wroii [brother NEW AUSSIE MOOD OVER DUMPING 10 THE RIGHT WORKING ENVIRONMENT 12 ACCOUNTABLE MANAGEMENTS 12 Awcraft Schedule 25 USE 21 World News 8 Commodrties 24 Money Change* Rates 25 World Stock Markets 22 i V 00
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      Page 1 Advertisements Column 2
      179 1 Assurance from Dao Heng Bank, Pg 4 Arms shares soar, Pg 5 Experts gauge after-shocks A more unstable and hawkish Opec, Pg 9 Bid for safer oil routes, Shipping Times, Pg 18 m M JAL knows how important a Economically designed to relaxing flight is if you want to cradle
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      Page 1 Advertisements Column 3
      15 1 W_BUSINESS TRENDS EXECUTIVE PLACEMENTS S *****62 SINGAPORE KUAI A LUMPUR JAKARTA HONG KONG SVONt V
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Ring a discount on National Day
        102 2 SINGAPORE Telecom and Hawaiian Tdephond Company (HTC) will offer IDD (International Direct Dialling subscribers a 25 per cent discount on calls made to "Hawaii and Singapore respectively to mark each other's National Day. Calls from Hawaii to Singapore will enjoy tfie dncdunt on Aug
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      • Article
        Science Council upgrading
        62 2 THE Science Council of Singapore has appointed an axecutive director, Dr Chou Siaw Kiang, to takft trfwftge of the implementation of a plan to upgrade the oouqcil into a statutory board. Just last week, the government announced that the Science Council would be Science and Technology Board
        62 words
      • Article
        Batam projects
        48 2 INDONESIAN developers yesterday launched" &atam industrial and residential projects in Singapore. Developer PT Trisatya Usaha is offering a comprehensive package of labour and cargo handling services to investors in the First Triangle Industrial Park. Its associate company, PR Srimaslfeya International, launched a residential project, Pakn Sprmg.
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      • Article
        Watch it, litterbugs
        64 2 IN A FURTHER step to fight litterbugs at hodSMtg estates, three town councils will get $50 for every (ittereug turned in to the Environment Ministry. The ministiy said list .Saturday that by the end of the month Jurong East, PotpifePasir and Tiong Bahru town councils will be
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      • Article
        Make use of opportunities
        59 2 INDONESIAN businessmen should t&ke pore's strategic position as a regional financial'3l4 ttainess hub, said Junior Minister of Industry T Afbribagf?><*nSaturday at the opening of the first in Singapore. Mr Ariwibowo, who is also the yice-cKimiian of the Batam Industrial Development Authority, s&id the exhibition would give
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      • Article
        Feathered gift from PNG
        60 2 ANOTHER precious bird will become part i)f the Jurong Bird Park family next week in conjunction wkh we 3fih anniversary celebration. The Raggiana Bird of P&adtop is VfeXia New Guinea's national bird. Dr Kwa Soon -flee, Jia6ag Bird" Park chairman, will receive the gift from tyon
        60 words
      • Article
        Corrections & clarifications
        45 2 Corrections clarifications IN THE report on United Overseas hfttf-year results in the Aug 4-5 Weekend Edition of ran the logo of the Overseas Union Bank hit i£s actoffipartying table. The logo used should have bead that Of We are sorry for the error. J j
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    • Article, Illustration
      GES in big French venture
      304 2  -  By Genevieve Cua HOME-GROWN computer manufacturer GES Singapore is forging its biggest joint distribution venture in France, a business which is expected to rake in sales of around $25 million within a few years. GES (Goh Electronic Systems) vice-president and general manager Daniel Yeong told
      304 words
    • Article
      MPs reiterate need for internal cohesion
      261 2 SINGAPORE has attained a good measure of prosperity after 25 years but, to ensure more good years, the country must not only work closely with its neighbours, but it must also foster internal cohesion. This was the gist of most of the speeches made
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    • Article, Illustration
      SES shortlists two designs for corporate logo
      269 2 THE Stock Exchange of Singapore's three-year search for a new corporate logo will soon be over as two winning designs have been selected from a design contest. The competition received a record number of entries a total of 259 comprising 122 entries in
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    • Article
      Sustained oil demand growth expected
      280 2 THE 1990s will see occasional periods of excess capacity in the oil and chemical industry, but the problem is not likely to be as serious or as prolonged as in the 1980s. This was the projection of Shell's former chairman and chief executive Dick van
      280 words
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      Page 2 Advertisements Column 1
      113 2 t- V-JL U,14. $sx ~'*#P|M£ij^^^^B r( r y^li^pßß|^^^^^^BWiife p ifagi i^ 1 *'J w cmstma %JMf .u^riEHi J m* We're one of the world's major freight c W&* with an advanced, all-cargo fleet, including eight 8747 freighters. With our capacity, schedules and routes, we fly anything from sensitive computer parts
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      NOL to raise $350m through two RUFs
      284 3  -  By Quak Hiang Whai WITH SEVERAL credit lines maturing and its redeemable preference shares due for redemption, national shipping line Neptune Orient Line is planning to raise about $350 million from the loan market within the next two months. The group, which has
      284 words
    • Article, Illustration
      Hai Sun Hup acquires two long-term charter vessels
      303 3 SHIPPING GROUP Hai Sun Hup is positioning itself for further growth through capital investment in its shipowning business by acquiring two new vessels for long-term charter. The group's ship management business should also see a boost if discussions with MO Ship Management
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    • Article
      Lock icon Mycom expects M$14.9m profit after LC acquisition
      358 3 MBT MYCOM has forecast a group pre-tax profit of MS 14.90 million for the 18 months ending Dec 31, 1990, if the acquisition of Lotteries Corp (Sabah) (LC) is completed on Sep 1. Without taking into account the acquisition, Mycom which intends to
      MBT  -  358 words
    • Article
      Lock icon Sungei Way to make vitrified clay pipes
      132 3 MBT THE SUNGEI WAY group has set its sights on becoming the market leader in the supply of vitrified clay pipes, a market currently dominated by Goh Ban Huat (GBH). Deputy group managing director Chew Chee Kin said yesterday the Sungei Way group
      MBT  -  132 words
    • Article
      Lock icon Good prospects for Bedford
      611 3 MARKET TALK MBT BEDFORD, now under the Malaysian Hong Leong group following a reverse takeover, is expected to post a pre-tax profit of Ms4o million to Ms4s million for the year ending Dec 31, 1991, according to a broking firm. Malaysian stockbroking firm K N Kenanga
      MBT  -  611 words
    • Article
      Pico Art defers application for SES listing
      402 3  -  By Elaine Koh PICO ART, a leading local exhibition and design company, said that it has deferred its listing application to the Stock Exchange of Singapore pending the outcome of a corruption case against a manager of Pico (B) Sdn Bhd, a former
      402 words
    • Article
      Lock icon Approval for revised Magnum bonus issue
      141 3 MBT MAGNUM CORP has received approval from the Malaysian Capital Issues Committee (CIC) for its bonus issue but on revised terms. It said the issue had been revised to one new share for every eight shares held, for a total of 14.12 million new
      MBT  -  141 words
    • Article
      QAF unit to build M$16m bread plant
      285 3  -  By Lim Mui Khi FOOD GROUP QAF Ltd is investing Msl6 million through its Malaysian subsidiary, Gardenia Bakeries (KL) Sdn Bhd, to build a new bread manufacturing plant capable of producing four times its existing capacity in Shah Alam. The investment, partly funded
      285 words
    • COMPANY BRIEFS
      • Article
        Budweiser appoints Malaysian distributor
        96 3 BUDWEISER, a leading American beer, is aiming to carve a niche in the imported beer market in Malaysia and has appointed soft-drinks manufacturer Yeo Hiap Seng as its sole distributor. The president of Hongkong-based Anheuser-Busch International Inc (Asia-Pacific), Johnson Leung, said in Kuala Lumpur last week
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      • Article
        Melaka Merlin to be renamed
        59 3 THE 236-ROOM MELAKA MERLIN HOTEL in Malacca will be renamed The Emperor Hotel by its new owner, Cockpit Hotel International Group. The company, which bought over the hotel for M 533.5 million from its receivers, is expected to spend some Mslo million on renovation and
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      • Article
        Mayban Finance profit up 30pc
        108 3 MAYBAN FINANCE Bhd, a wholly-owned subsidiary of Malayan Banking Bhd, has recorded a 30 per cent increase in pre-tax profit to MJ42.38 million for the year ended June 30, 1990. General manager Wan Ismail Abdul Rahman said the encouraging performance was due to the substantial
        108 words
      • Article
        IOI explains land sale
        76 3 INDUSTRIAL Oxygen Inc Bhd subsidiary Swee Lam Estates (Malaya) Sdn Bhd's proposed sale of 169.9 hectares of its estate land will enhance the development potential and valuation of the remaining 2,127.7 hectares. Answering a query from the Kuala Lumpur Stock Exchange, 101 said the sale would
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      • Article
        Bandar Raya profit up 30pc
        110 3 BANDAR RAYA DEVELOPMENT BHD recorded a 30 per cent increase in its unaudited pre-tax profit to M 57.057 million for the first six months of this year while group turnover jumped 35 per cent to M 544.403 million in the same period. The company said
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      • Article
        Muda shares to start trading
        46 3 MUDA HOLDINGS BHD's 13.75 million new 50-sen shares, arising from a recent one-for-four rights issue at M 52.20 per share, will be listed and quoted on the Kuala Lumpur Stock Exchange from tomorrow, the KLSE said in a statement last Friday.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      199 3 -r ss itii/ NEW BANKING POWER IMR- 1 jfc-" > -iM uL. fc— 5 VVf x y TTrE Multi Link. Multi-uses. Greater HIGH DAILY INTEREST 24-HOUR BANKING convenience. Maximum benefits. Earn higher interest of 4% p.a. on Enjoy 24-hour banking via Autocash The answer to your banking needs balances of
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Tokyo, European firms win Indonesian contract
        73 4 JAPANESE trading house Marubeni Corp and three European heavy electrical equipment firms have jointly won a 29-billion-yen order from the Indonesian government to build power substations. A spokesman in Tokyo said last week that Marubeni, Cogelex Alsthom of France, BBC Asea Brown Boveri AG
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      • Article
        Parisco buys property
        51 4 PARISCO INTERNATIONAL (Holdings) has bought a property in Tsim Sha Tsui, Hongkong, for HKS3O.S million. According to the South China Morning Post, the company through wholly-owned unit Jetsmart Investments had agreed with Right Element to buy a shop on the ground floor of Chungking Mansion at Nathan
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      • Article
        Subaru marketing arrangement
        67 4 FUJI HEAVY INDUSTRIES Ltd and trading house Mitsui and Co Ltd will market the former's Subaru vehicles in East Germany, spokesmen from both companies said. Subaru Deutschland GmbH, the West German sales agent for Subaru in Friedberg, Hessen, had chosen 20 independent dealers from 170 East German
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      • Article
        Atlas profits down 69pc
        63 4 ATLAS CONSOLIDATED MINING CORP's net profit fell 69 per cent in the first half of this year from the same period last year. A spokesman said in Manila last week that the Philippine company's net profit fell to 100 million pesos (US$4.2 million) in the first
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    • Article
      Ex-journalists take up 20pc stake in Credit Lyonnais unit
      327 4 TWO FORMER Hongkong business journalists, Jim Walker and Gary Coull, have acquired a 20 per cent interest in Credit Lyonnais Securities Asia, the Hongkongbased French-owned broker they manage, according to the South China Morning Post. The deal is part of a
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    • Article, Illustration
      Bond-Bell brewing deal in the balance as bank pulls out
      582 4 THE Asl.B BILLION sale of Bond Brewing Holdings to Bell Resources Ltd was let floundering last Wednesday after the National Australia Bank withdrew support for a discounted buyback of US$5lO million of securities held by US investors, according to The
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    • Article
      Caltex's Thai refinery project under threat
      436 4 THE THAI government's insistence that the country's fifth oil refinery be located in the South could effectively kill off Caltex's proposed US$52O million refinery scheme, according to the Bangkok Post. Caltex Oil (Thailand) chairman Sukavich Rangsitpol, who has campaigned strongly to have the facilities
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    • Article
      Thai oil shipping company seeks listing
      278 4 THE PHENJATI family, a major shareholder of Jutha Maritime Co, has applied for oil shipping firm CP Co to be listed on the Securities Exchange of Thailand, according to the Bangkok Post. C P chairman Chano Phernhjati said last Thursday that the application had
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    • Article
      HK body clears air over Dao Heng's KIO links
      348 4 THE OFFICE of the Commissioner of Banking in Hongkong has assured shareholders and depositors in the Dao Heng Bank that the Iraqi invasion of Kuwait would not adversely affect the group, according to a report in the South China Morning Post.
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    • Article
      Lock icon Pertamina signs deals with foreign firms
      215 4 AP INDONESIA'S state-owned Pertamina oil company has signed three contracts with foreign companies, including two on productionsharing. Conoco Indonesia Inc of the US signed a 20-year extension of its production sharing contract in Jakarta last Friday. Conoco is exploring for oil and gas off
      AP  -  215 words
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      Page 4 Advertisements Column 1
      216 4 I 1 I I HOW TO SAVE i YOURSELF PRIME i OFFICE SPACE i I I I I I J W&T RECORDS STORAGE AND MANAGEMENT SERVICES CAN FREE YOUR PRESENT STORAGE AREAS The most expensive place —t 1 These will be locked and stored under 24 i r ITTT^TTTI to
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      Page 4 Advertisements Column 2
      46 4 YOUR PRIVATE JET ANYTIME, ANYWHERE... r-:' I CHARTER YOUR PRIVATE JET: for Corporate Travel, Leisure, Medical Evacuation, Diplomatic Flights. We can also arrange for Trading, Leasing and Management of business jets. 20 Kramat Lane #04-07 United House Singapore 0922. Fax: 65-*****39 a member of the group.
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      Page 4 Advertisements Column 3
      3 4 Focus, Pg 9
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon British companies facing further pressure on profits
      685 5 Reuter UK COMPANIES, already reeling from a barrage of profit downgrading and disappointing earnings reports in June and July, face further pressure ahead of the September half-year results season, equity analysts say. Most of the downgrades so far have been based on sterling's
      Reuter  -  685 words
    • Article
      Lock icon Ford agrees to sell aerospace operations
      532 5 Loral Corp to pay USs7lsm in cash AP, NYT FORD MOTOR CO said on Friday it agreed to sell its Ford Aerospace Corp subsidiary to the defence electronics company Loral Corp for US$7l5 million in cash. In addition, New Yorkbased Loral will assume Ford
      AP,; NYT  -  532 words
    • Article
      Lock icon US arms shares soar following Iraqi invasion
      291 5 Reuter SELECTED STOCKS of US defence contractors sowed in reaction to Iraq's invasion of Kuwait late last week, but analysts said the rally was largely emotional and the conflict was not likely to change the fundamental decline of the defence industry. "I'm looking
      Reuter  -  291 words
    • COMPANY BRIEFS
      • Article
        US Senate approves market reform bill
        102 5 THE US Senate yesterday approved a bill that allows the Securities and Exchange Commission to halt trading during a market emergency and to get reports on the riskiness of a brokerage firm's parent company. The stock market reform bill is the first major update
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      • Article
        More securities bought
        54 5 JAPANESE purchases of foreign securities rose from USSS.6I billion in May to US$6.3 billion in June as increased buying of stocks offset declining purchases of bonds. The Finance Ministry said last Friday that net purchases of foreign stocks jumped from US$624 million the previous month to US$l.5B
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      • Article
        Southland amends statement
        84 5 SOUTHLAND Corp has filed an amended registration statement for its exchange offers and expects the Securities and Exchange Commission to declare them effective on Thunday. Southland said during the weekend that its previously announced exchange offers had been extended to expire at midnight EDT, Aug IS, from
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      • Article
        New SFO director
        115 5 AN EXPERIENCED criminal prosecutor has been appointed to head London's Serious Fraud Office (SFO), which handles the investigation and prosecution of big city fraud cases. Barbara Mills QC, whose appointment as director from Sep 3 was announced on Friday, is one of the SFO's team in the
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      • Article
        No comment from Fiat
        64 5 RAT has declined to comment on whether it was interested in reopening negotiations with the Italian state-owned telecommunications group STET about a possible joint venture. Franco Nobih, president of the state industrial holding company htituto per la Ricostruzione Industrial*, which controls STET, told the Italian weekly
        64 words
      • Article
        Receivers sell Coloroll units
        61 5 THE receivers of ColoroU, the consumer products group which recently went into reoeivership, have sold Staffordshire Tableware, comprising ColoroU's ceramics companies, to a management buy-out team for £29 million. Staffordshire tableware, which includes Staffordshire potteries and biltons, was one of the laigest parts of the ColoroU
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      108 5 Focus, Pg 9 Hr mM I| H > -fernS3P9E&? ft 4 A new name, a renewed n This year 1990, )ohn Lysaght is celebrating its 2Stb AnnlV on service primacy in building materials technologyof Singapore, and 25 years which adds further s ,on S tradition is further enhanced by the
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        HK$ deposits up 4.7pc
        76 6 HONGKONG dollar deposits in the colony's banking system in June continued to respond to higher interest rates that have ruled since April increasing 4.7 per cent to HK5490.83 billion from HK5473.48 billion in May. The higher level of local dollar deposits they have now risen 7.4
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      • Article
        Danish bank opens HK office
        51 6 DENMARK'S largest bank, Den Danske Bank Aktieselskab, has opened a branch in Hongkong after receiving government approval. The bank is the third foreign bank to be granted a licence to operate in the British colony this year, bringing the total number of licensed banks to
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      • Article
        Mongolia seeks membership
        47 6 MONGOLIA'S membership application will be taken up by the Asian Development Bank (ADB) this week and no problems stand in the way of its approval. ADB officials said that once the directors approve the application, it will go up to the board of governors.
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    • Article
      JCB plans to issue credit cards through UOB
      345 6  -  By Quak Hiang Whai JAPAN'S biggest credit card company, JCB International, plans to issue its own brand of plastic plates in Singapore through the United Overseas Bank next year. In an interview with BT, the visiting president of JCB International, Masaaki Ikeuchi,
      345 words
    • Article
      Lock icon UK banks face domestic debt problems
      426 6 Reuter BRITAIN'S commercial banks, barely free of the burden of Third World debt after a costly provision programme, have been caught out again by risky loans this time at home. Britain's leading clearing banks, among the most generous lenders to the Third World in
      Reuter  -  426 words
    • Article
      Lock icon Bundesbank banking on short-term measures: dealers
      369 6 Reuter AN injection of public authority funds into a tight West GermaMßoney market a on Friday H|irs that thai Bundesbank is using very short-term measures to steer an uncertain market, dealers said. The central bank injected funds undefSection 17 of the Bundesbank Act at
      Reuter  -  369 words
    • Article
      Lock icon East German bank borrows to offset deposit outflow
      403 6 Reuter EAST GERMANY'S Staatsbank Berlin, faced with massive deposit outflow, entered the West German market twice last week to raise 10 billion marks. West German economists say the heavy borrowing will continue. The Staatsbank, the former East German central bank, lost its
      Reuter  -  403 words
    • Article, Illustration
      Lock icon Brazil financing capital flight, says Citicorp
      501 6 Reuter BRAZIL'S central bank is financing capital flight by selling its gold reserves to artificially lower parallel market rates for dollars, Citicorp chairman and chief executive officer John Reed said. "It is financing capital flight," Mr Reed said on Tuesday to Reuters in confirming
      Reuter  -  501 words
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      Page 6 Advertisements Column 1
      299 6 > iw f CRANFIELD MBA W QwffeW School of Management, one of the UK's top postgraduate bosmea schools, is offering a 2-ye«r MB A programme commcncing January 1»1 in Singapore. comptadpbusiness wviwamt. It aim a vtfiity oI Ulwt learnfam mtihirria. including distance learning techniques. ah ,ri,ih This MBA degree is
      299 words
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      Page 6 Advertisements Column 2
      195 6 t^SSMBSSmS^ World Trade Centre, 4 —12 August 1990 Open to pubfc: 4,5,9,11 and 12 August (10am— 10pm) I 6, 7, 8 and 10 August (2pm 10pm) I For Business visitors only: 6, 7, 8 and 10 August (10wr)-2pm) Explore more than 1000 kind of Indonesian selected products for export, See
      195 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Vietnam and US to meet after 12 years
      437 7 Reuter THE FIRST political contacts between Vietnam and the US for 12 years, which open in New York today, have sent a pulse of anticipation through the impoverished communist state. Many of Vietnam's 65 million people identify better ties with the US
      Reuter  -  437 words
    • Article
      Lock icon Bangkok okays plan to float retail oil prices
      269 7 AFP THE THAI government has approved a plan to float domestic retail oil prices to reflect the global oil price situation, the state-run Thai News Agency (TNA) said on Saturday. The new system will take effect after Prime Minister Chatichai Choonhavan, who
      AFP  -  269 words
    • Article
      Lock icon Foreign firms allowed to explore for oil in India
      305 7 Reuter INDIA will invite foreign firms to explore for oil but will offer them the country's more difficult blocks to drill, petroleum ministry officials said. "We wi11... continue to intensify oil exploration by encouraging competition," an official said. "However, foreign firms
      Reuter  -  305 words
    • Article
      Lock icon 3 Manila bases on alert
      99 7 Reuter THE PHILIPPINE military has placed three major bases ia Manila oa fuU alert after ramoors that right-wiag army dissidents might launch another coap, military sources said yesterday. The alert was declared on Sntnrday night at the headquarters of the army, air force aad paramilitary
      Reuter  -  99 words
    • Article
      Drafting of Thai forestry plan stalled by non-government agencies
      453 7 THE THAI government's plan to draft a comprehensive plan for forestry development has hit a snag following the refusal of nongovernment rural development agencies to take part in formulating the plan unless the government removes "fundamental defects" in its policy guideline.
      453 words
    • NOTE BOOK
      • Article
        Philippine inflation rises to 12.6pc
        97 7 THE Philippines' year-on-year inflation rate rose to 12.6 per cent in July, breaking a two-month decline, mainly because higher food prices after two powerful typhoons. The National Statistics Office in Manila said yesterday that the latest inflation rate compared with 12,2 per cent in June
        97 words
      • Article
        NZ economy for from open
        137 7 RECENT economic reforms have exposed New Zealand's economy to more foreign competition but it is still far from being open, the General Agreement on Tariffs and Trade (Gatt) said yesterday. Most export incentive schemes and subsidies have been eliminated, the state's role in trade reduced,
        137 words
      • Article
        Target year 2000
        106 7 THE head of a conservative economic think tank on Friday forecast that the Philippines would be a newly-industrial-ised country (NIC) by the year 2000 even if the economy grows at its present levels. Enrique Esteban, president of the Centre for Research and Communications (CRQ, pre* dieted that
        106 words
      • Article
        Seoul accused of dumping
        129 7 SOUTH KOREAN sweaters made of man-made fibres are being sold in the US at less than fair market price. The US Commerce Department said on Friday that this means the US International Trade Commission will hold hearings to decide whether to impose punitive duties on the
        129 words
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      301 7 Improve your Communication Skills! The British Council's Business Communication courses are just what you need to get ahead in business! Programme for August September Confidence in Speaking uj A course on correct pronunciation to help you speak with 111 confidence and poise. -Jm Dates: Uiur, Fri23&24 Aug '90(9am spm) Sat
      301 words
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      52 7 HHK Maurice Lacroix breaks tradition with Les Mfcaniques Limited edition timepieces that combine traditional old movements with new faces. (Tlourkc Lacroix —v Of svrrzERLANO Sole Agent: SC C) S.A. Desco Singapore Pie Lid 10 Shenton Way #17-01/02 MAS Building Singapore 0207 Tel: 220 3022 Fax: 221 6021. Available at leading
      52 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Bigger cut in US troops in Europe rejected
        108 8 THE US Senate rejected a proposal to remove 80,000 US troops from Europe next year, up from 50,000 proposed in a defence bill pending in Congress. By a 59-40 vote, the Senate rejected the proposal by Senator Kent Conrad, who said the
        108 words
      • Article
        Russian investment law drafted
        82 8 A US-SOVIET study group on business relations has drafted a law designed to encourage foreign investment in the Russian Republic. The draft will be submitted to the republic's Congress of People's Deputies for consideration this fall, according to the group of Western and Soviet economists and
        82 words
      • Article
        Mexico and US hold talks
        66 8 CABINET MINISTERS from Mexico and the United States will meet on Wednesday in Washington to discuss bilateral issues including trade, immigration and the environment, the Foreign Ministry said. The meeting follows discussions between President Carlos Salinas de Gortari and George Bush in June during which
        66 words
    • Article
      Lock icon Committee accepts renomination of CFTC head
      337 8 NYT THE US Senate Agriculture Committee, in a voice vote, on Friday approved the nomination of Wendy Lee Gramm to a second term as the head of the Commodity Futures Trading Commission (CFTC). Her renomination came in the wake of close scrutiny by US
      NYT  -  337 words
    • Article, Illustration
      Lock icon Soviet republics invited to economic reform talks
      483 8 Reuter ALL Soviet republics are invited to take part in economic reform talks organised by President Mikhail Gorbachev and Russian republic leader Boris Yeltsin, the head of the Russian government said. "Work on an accord between the leaders of the Soviet Union and
      Reuter  -  483 words
  • Page 8 Advertisements
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      263 8 T" GOOD IDEAS KEEP COMING UP Compact. mmU i.. TVif. nPW laser nrinter that's It emulates sof the most popular Flexible paper handling manual IH£ new laser printer mats printers: HP LaserJet Series 11, Epson feed acceptTeven envelopes and small in Size, big on quality. FX-80, IBM Graphics Printer, IBM
      263 words
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      98 8 Mfc! IIS i kU4 I MJ I■ jßTin A Challenger Company 120 Tanpng Rhu Road #04-00 Khong Guan Building Singapore 1543 Tel: 447 4822 Fax:6s-345 5072 PERTH, WESTBRfI AUSTRALIA "CABLE HOUSE* Prime CBO office bulkllng 03,020 sq It fully leased to corporate tenants, A$ 12,000,000,9.2* ylekl ~TCCIKHJSF Modem office buDdlng,
      98 words
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  • FOCUS
    • Article, Illustration
      Lock icon Experts gauge the after-shocks
      813 9 Impact of Iraq's invasion of Kuwait Iraq's brutal and brazen invasion could have an impact on the world's economies, with Japan being one of the most vulnerable countries in this unfolding grisly drama AP, Reuter, AFP IRAQ'S invasion of Kuwait may have serious repercussions for the
      AP,; Reuter,; AFP  -  813 words
    • Article
      The real danger lies further into the future
      778 9 Iraq's aggression shows that a more powerful Opec may also be a more unstable and hawkish Opec PRESIDENT Saddam Hussein's threat to the world economy lies four or five years' hence, when the power of the Organisation of Petroleum Exporting Countries and
      778 words
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      180 9 j r .'-9 Br 9 R -•>■*?? vv. V \«1 M B^ \!l V K 3 Bffe U. \ft t, K Ik B v Ku* B \w ifl C I f« B^^^Hl 2 .'J t <£Ma jfl -w jM > v r fflHMy "j| "wife. iiMWika. >t <» llm I
      180 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Greenspan the pragmatic market mover
      979 10 Mr Fed is said to be facing his most difficult challenge FT THE US Federal Reserve chairman, Mr Alan Greenspan, sometimes calls to mind mystic phrases about the unmoved mover of the universe; or perhaps the true story of King Canute, who took his courtiers
      FT  -  979 words
    • Article, Illustration
      Aussie firms wake up to new mood over dumping
      1229 10  -  Australia, once a highly protectionist economy, has made an about-turn in its international trade policies so much so that Australian companies face problems bringing an anti-dumping case against foreign exporters. Florence Chong reports Florence Chong THE NUMBER of antidumping cases quadrupled
      1,229 words
    • Article
      Lock icon Is the party over for Brazil's alcohol fuel programme?
      682 10 Reuter JUST as the United States and Europe are waking up to the "green" potential of alternative fuels in cars, the country which pioneered them is abandoning the idea as a failure. More than four million Brazilian cars are powered by
      Reuter  -  682 words
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      164 10 CHARGE TO DINERS AND GET IT FREE OF CHARGE. Camphor Tea €g There are so many delicious Long Jiang Sichuan Restaurant. lts not just its famous Sichuan fare There's also vl the elegant ambience and r —l the attentive service I \fr JT*'l A" o were about to give you
      164 words
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      39 11 IVvb CHANGI. UTA, The French Airline, flies to Paris every Tuesday and Friday, non-stop. French cuisine, French wines, French stewardesses are all on board, so why wait 'till you get there? Now, Paris starts at Changi. ———IjMBI j||f W)
      39 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Creating the right environment for staff
      790 12  -  During the past eight weeks, David Gabriel had discussed the basic elements involved in the delivery of quality customer service. For the next two weeks, he looks at the management of the service system starting first with internal standards and measures David Gabriel 1N
      790 words
    • Article
      National Mgt Game: 24 incur losses
      89 12 DURING the sixth trading period of the National Management Game, 24 companies incurred losses while 86 returned with after-tax profits. During the fifth trading period, only 18 lost money while 92 were profitable. Periods seven and eight, the last two periods of round one,
      89 words
    • Article
      Lock icon Managements must always be accountable
      830 12  -  By Gordon White Sir Gordon White is chairman of Hanson Indiatries, New York. FT YOU HIRE a lawyer to fight the facts of the case. If you want an opinion, call the expert witness. Martin Lipton is a New York lawyer, a breed not normally
      FT  -  830 words
    • Article
      MEMOPAD
      294 12 Seminars and courses Duration Tide Vw« Organiser Td Aug 6-8 Effective Public Marina Mandarin Ewing Communication *****00 Speaking Pte Ltd Aug 7 Audit of Computerised Hilton Hotel Institute of *****20 Systems Certified Public Accountants of Singapore Aug 13-14 TV Presentation Skilb Marina Mandarin Ewing Communication *****00 for Managers Pte
      294 words
  • Page 12 Advertisements
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      81 12 J————■————MMBE USA Focus from m\ When it comes to fashion accessories, the Focus attache from Samsonite takes off where your cuff links end. But along with its high-tech European design, Focus is remarkably durable. Which will assure that it'll stay in fashion a long, long time. i k O Samsonite'
      81 words
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      Page 12 Advertisements Column 2
      31 12 Management Consultancy Sl# I T r 1/ Seminars And Training Kill II K Business Assistance 11 I L L I L l\ Manpower Recruitment CONSUL! ANTS Business Centre Direct Mailing I
      31 words
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      202 13 j« 4 v **.-/.V; v %*-vC* k v' './''i r, A; k L "i j|i 'jfjy* > re* i 7 i jr» i v **'V^l!B3SBveft/ vjS* "t Hr r ,>^v s^^£§f\ statistic. I could comnarc it to. sa\. I lie tcclini! I iicl when I boaid a 4 ()r step
      202 words
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  • SPORTS
    • SIDE LINES
      • Article
        Two Steelers make it to Football Hall of Fame
        113 14 RUNNING back Franco Harris and linebacker Jack Lambert on Saturday became the fifth and sixth members of the four-time Super Bowl champion Pittsburgh Steelers of the 1970s to be enshrined in the Pro Football Hall of Fame. Harris and Lambert were
        113 words
      • Article
        Reynolds back in action
        126 14 AFTER almost three months off due to an injury, world 400-metre record holder Butch Reynolds returned to action in the Hungalu Grand Prix track and field meet in Budapest yesterday. The Hungarian meet reopens the European track season with a series of major meets over the
        126 words
      • Article
        Best leads finalists
        99 14 GREG BEST of the US on Gem Twist, a two-time silvermedal winning pair at the 1988 Olympics, led the list of four finalists after Saturday's qualifying events in the show-jump-ing competition at the World Equestrian Championships in Sweden. Greg, 26, finished the three qualifying events ahead of
        99 words
      • Article
        De Lorenzi in lead
        69 14 MARIE-LAURE de Lorenzi overcame soreness in her left wrist to shoot a 1-under par 72 on Saturday and take a one-shot lead after three rounds of the the British Women's Open. De Lorenzi, the leading money-winner on the women's European circuit for the past two years,
        69 words
      • Article
        US crushes Soviet Union
        81 14 KENNY ANDERSON scored 23 points and Billy Owens and Alonzo Mourning added 18 apiece as the US avenged a Goodwill Games loss and crushed the Soviet Union 98-73 in an exhibition game on Saturday. The US, silver medalist in the Goodwill Games after losing to Brazil
        81 words
    • Article, Illustration
      Lock icon Edberg dominates Sampras
      491 14 AP TOP-SEEDED Stefan Edbeig sandwiched two excellent sets around a mediocre second set and beat No 3 Pete Sampras 6-2, 6-7 (7-6), 6-1 on Saturday in the semi-finals of the Volvo Tennis Los Angeles tournament. Ed berg advanced to yesterday's final and was to play the winner
      AP  -  491 words
    • Article
      Lock icon Mucha leads by one shot in LPGA Boston Five Classic
      425 14 AP BARB MUCHA, seeking her first LPGA victory, birdied the 485-yard, 18th hole with a two-foot putt on Saturday to take a one-stroke lead after three rounds of the LPGA Boston Five Gassic. Her total of 8-under-par 208 led Laura
      AP  -  425 words
    • Article
      Lock icon Chinese girl youngest to win Goodwill medal
      343 14 AP, Reuter TWO US boxers punched their way to gold medals on Saturday just before the shooting started at the Goodwill Games in Seattle, where an 11-year-old Chinese girl fired a shot heard around the swimming world. In a rare internationalstyle shootout, the
      AP,; Reuter  -  343 words
    • Article
      Lock icon Cash loses to Carlsson in ATP qualifying match
      364 14 AP FORMER Wimbledon champion Pat Cash lost in a firstround qualifying match of the Association of Tennis Professionals Championship in Ohio on Saturday. Cash was defeated 4-6, 7-6 (10-8), 6-4 by Johan Carlsson of Sweden. Cash, who has been bothered by injuries
      AP  -  364 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      120 14 SMT COUPIL V Voted best buy in "Which Computer Magazine", in U.K. July 1990. Awarded best design at CEBIT Hanover 1989. The new French rtrtJV Goupil Golf K has all the makings a modern day 9°f Financing Available; Goupil Golf 286 W/40MB 5&4.950 Dowm»|tm, Ssl,ooo V *24 Monthly instalments: Ssl9s
      120 words
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      Page 14 Advertisements Column 2
      132 14 ROSE GARDEN SICHUAN RESTAURANT H Level 5, Golden Landmark Hotel 390 Victoria Street, Singapore Jr Sichuan Cuisine at its spicy best In a new locale, where East meets West The Rose Garden Sichuan Restaurant at the Golden Landmark Hotel. A new name in a new location. An age-old tradition in
      132 words
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  • THE ARTS 1
    • Article, Illustration
      Commendable crossovers
      760 15  -  The Berlin Phil cellists playing Beatles and Benny Goodman playing Beethoven are not the musical misalliances they appear to be. J Gordon finds much to applaud in two crossover albums released on the Teldec label. J Gordon PERFORMERS of jazz and classical music are not supposed to be
      760 words
    • Article
      A beautiful fusion of language and music
      441 15  -  PY Van reviews the Arcadia Gesellschaft concert held at the DBS Auditorium last week P Y Van THE Arcadia Gesellschaft from Kobe, Japan, returned to give a second performance in Singapore last Thursday. The concert, held at the DBS auditorium, was presented by
      441 words
    • Article
      Lock icon US prima ballerina discusses signature role
      448 15 AP WHEN ballerina Cynthia Gregory talks about her signature role in Swan Lake, the white and black swans sound more like old friends than characters from a fairy tale. Odette, the white swan, is her favourite. While other ballerinas dance the role with melancholy
      AP  -  448 words
    • Article, Illustration
      Lock icon Taking stock at the Prado
      897 17  -  It took 30 years to prepare an inventory of the Prado's vast collection, but at last the Spanish museum knows what paintings it has. Alan Riding reports. Alan Riding NYT WHEN Alfonso Perez Sanchez joined the Prado Museum in 1960, the young art historian was
      NYT  -  897 words
    • Article
      Lock icon Indonesia's ancient bronzes on tour in America
      426 17 NYT INDONESIA'S robust bronze tribal artifacts made before the eighth century help to explain the earthiness seen in later objects of the Hindu-Buddhist period, which dominates the The Sculpture of Indonesia exhibition at the National Gallery of Art in Washington DC. At the
      NYT  -  426 words
    • Article, Illustration
      Lock icon Rembrandt to get one-man show next year
      357 17 AP Rembrandt win get his first one-man international show next year, with 130 of the 17th century Dutch Master's works touring Berlin, Amsterdam and London, organisers said last Tuesday in Amsterdam. Rembrandts have been on tour before, but the Septem-ber-May show will be
      AP  -  357 words
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      227 15 iThe Audit Committee I A workshop for company directors I The audit committee of a Singapore listed company has prescribed functions. How does the committee translate these functions into practical acts? How does the committee relate to the company's management, its internal audit function, the external auditors? How often should
      227 words
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      Page 15 Advertisements Column 2
      692 15 A Bangkok Bank Limited (INCORPORATED IN THAILAND) Balance Sheet As at December 31, 1989 ASSETS 1969 1988 LIABILITIES AND BAHT SHAREHOLDERS' CASH AND DEPOSITS EQUITY IM9 1988 AT BANKS BAMT Cash and deposits at banks nFPrKrrc In Thailand 9,730,290,810.76 7,791,757,142.22 DoMttcdepanb oUtride IHUAKiZTtmai 2lMfi4*2»»»i Interest-bearing 2004*481,170.87 200,505,*****3.83 Thailand >4,044.845,300.00 21,862.462,880.26
      692 words
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      227 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... CALIFORNIA DREAMING. West Coast Cuisine at The Palm Grill, August 6 18. Chef Lawrence Vito of The Stanford Court Hotel, San Francisco is a master of this refreshingly different style of cooking. Acclaimed for
      227 words
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      Page 16 Advertisements Column 2
      354 16 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** ChHd 16.00** Singaporean High Tea 2.30pm 5.30pm $14.50" •Plu« 4% govt tax **PKu 10% service charge A 4% govt
      354 words
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      Page 16 Advertisements Column 3
      224 16 Sky Garden Pootelde Dally: 6.30 10.30 pm Adult: $12.50 Child: $8 •Complimentary birthday cake for a Plaza Hotel minimum of ten Please make »<uw »t otoq»r«t nrmrm't reservations 4 days In advance. "7b vt 1 ROSEGARDEN SICHUAN RESTAURANT §M Le«d J, GoMen Landmark Hotel 390 Victoria Street, Singapore Introducing our
      224 words
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      Page 16 Advertisements Column 4
      414 16 4 mhhi > 1 —Saycheeseto I SWISS I The Swiss have such wonderful ways with cheese. Savour them and more at The Belvedere's Swiss Bufiet this month. p. SWISS BUFFET LUNCH 4 August 1 31, Noon 2.30 pm 4 Adult: $36++, Child below 10: $18+ 4 k We serve the
      414 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      695 16 TELEVISION AND RADIO Suspicious thoughts SBc SSSSSfS?* A 715 pn jnrtifim Cricket- 12-®® W Spieid Di- 7JI Magma Prayer Cai c •>fYni 1 Financial News mmnfFws*maam ir^Es* Fe ival (SUS z-2 eSSEX 00 8.30 Dinting Mb d Monte Carte M a M IwyMi Www (M). Daiu<i cm A in vur
      695 words
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      146 17 AND ENTERTAIN Tempting Treasures From The Deep. The tempting Fish and Oysters Promotion is on every night from August 7 to 25, at the Hubertus Grill. We guarantee you'll fall for it, hook, line and sinker! A®. Century Park Sheraton Singapore 16 NASSIM HILL, SINGAPORE 1025. TEL: 732 1222. CENTURY
      146 words
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      Page 17 Advertisements Column 2
      160 17 Enjoy health foods the herbal way Hua Tuo Jelly Prepared from an ancient recipe "Guangzhou Sanhutang" which uses 20 superior herbs, Hua Tuo H9 Guiling Jelly contains no /r preservatives. It is famous JL for its health-giving effects. I jsm] Herbal Cooling Tea The 24 Herbal Cooling Tea Miwhich is
      160 words
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      Page 17 Advertisements Column 3
      86 17 Car very LUNCHEON i K ust I s I!i ■!h K' H \i I i -I, 1: I > I Ili < II I>V M .1 M \KI\ \l> O )I I <>1 \I K\ < M H »i \l \KI\ .KI I \MM M'< M\l ii i::: i: =>
      86 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Uncertainty expected to hang over local market
      4878 18  -  By Abdul Hadhi UNCERTAINTY is expected to continue to reign over the Singapore stock market this week after the Iraqi invasion of Kuwait last Thursday sent share prices on major world stock markets spiralling. Iraq announced over the weekend that it was withdrawing
      4,878 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4177 19 Main Board H Negara 490 +20 +4.3% Semb Maritime 444 +16 +3.7% ICB 540 +15 2.9% Summa Inv Wt 71 13Vi +23.5% GE Life 1390 +10 +0.7% FAN 870 +10 +1.2% C Properties 630 +10 +1.6% Poiytek 5fr 151 +6 +4.1% S Land Wrts 755
    4,177 words
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  • MARKET REVIEWS
    • Article
      Lock icon Stocks suffer heavy losses
      790 20 Outlook for US economic growth and inflation darkens IffiWWRK FT IT TOOK just 24 hours, and an unlikely combination of Iraqi tanks with the mildmannered statisticians at the US labour department, to completely knock the stuffing out of Wall Street last week. The Iraqi invasion of
      FT  -  790 words
    • Article
      Lock icon Gulf tension pushes Nikkei below 30,000
      571 20 ■Hi AFP SHARE PRICES tumbled last week on the Tokyo Stock Exchange (TSE) following Iraq's invasion of Kuwait on Thursday, with the key indicator closing the week below the 30,000-yen level for the first time in three months. The Nikkei Stock Average of 225
      AFP  -  571 words
    • ASIAN MARKETS ROUNDUP
      • Article
        BANGKOK
        64 20 THE Securities Exchange of Thailand (SET) index tumbled on Thursday and Friday as investors got the jitters over the future of world oil prices following Iraq's invasion of Kuwait. An SET spokeswoman said the index fell 31.84 points on Friday to close at 1,097.52 points. Turnover rose slightly from
        64 words
      • Article
        MANILA
        82 20 THE Iraqi invasion of Kuwait had a delayed effect on the Philippine stock market which fell slightly on Friday as news of the attack spread. At the Manila Stock Exchange, the Composite Index fell by 0.24 per cent to 922.33 during the week while at the Makati Stock Exchange,
        82 words
      • Article
        TAIPEI
        70 20 LIVELY TRADING buoyed share prices on the Taiwan Stock Exchange (TSE) early last week but the Iraqi invasion of Kuwait wiped out the gains. Following three weeks of rallies, the 207-issue weighted price index plunged 273.91 points, or 5.1 per cent, last week to close at 5,128.73 points on
        70 words
      • Article
        SYDNEY
        91 20 THE Australian share market made strong mid-week gains before closing sharply lower on Friday on mixed signals from the Middle East tension, brokers said. The main market indicator, the All Ordinaries Index fell on Friday to finish at 1,588.0 but was still 9.3 points up for the week. The
        91 words
      • Article
        JAKARTA
        83 20 PRICES on the Jakarta Stock Exchange (JSE) continued to fall last week despite stronger trading registered in overall transactions. The JSE index dropped one per cent to 613.494 on Friday from 624.987 a week earlier. The Jardine Fleming Nusantara index fell to 143.79 from 145.25 with the industrial sector
        83 words
      • Article
        SEOUL
        74 20 THE sagging Seoul Stock Exchange continued its downward slide that started last Wednesday to hit a record low on Saturday as its composite index dropped by 5.76 points in a day to 672.61 points, the year's lowest. Specialists said the continuing market retreat is due less to the Iraqi
        74 words
      • Article
        Lock icon BOMBAY
        84 20 AFP INDIA'S unending stock boom was marred by a strike by brokers in Bombay last week after authorities imposed a sudden restriction on trading to avert a feared payment crisis. Brokers were in for a surprise on Tuesday when stock exchange authorities imposed an all-round restriction on trading. The
        AFP  -  84 words
    • Article
      It would have been a bad week even without the Iraqi invasion
      889 20  -  By Ray Heath LONDON'S reaction to Iraq's invasion of Kuwait was a delayed drop. A casual reading of the index suggested that the resilience that prices have shown in the face of purely domestic problems would continue to
      889 words
    • Article, Illustration
      Lock icon Hang Seng Index closes below 3,400 barrier
      970 20 nvraarwrtu DBS Securities THE Hang Seng Index fell sharply during the past week, spurred by the Iraqi invasion of Kuwait, losing 128.85 points or 3.7 per cent to close at 3,356.95 on Friday. Average daily turnover also dropped to HKSl.76 billion (US$230 million),
      DBS Securities  -  970 words
  • Page 20 Advertisements
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      57 20 IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg., 4-8-1 Hatcho bori, Chuoku, Tokyo 104, Japan Tel: 03 553 6961 Fax:o3-555-2892 «**tt Engineering Export Promotion Council (India) WE HAVE MOVED TO 10 Anson Road #23-02 International Plaza Singapore 0207 Tel: *****82/83 Fax:
      57 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Gains in early part of week wiped out
      4002 21 MBT THE Iraqi invasion of Kuwait and its ramifications sent jitters down the Kuala Lumpur stock market last Thursday and Friday, resulting in a broadly lower close last week. Whatever gains notched up in the earlier three trading days were virtually wiped
      MBT  -  4,002 words
  • Page 21 Advertisements
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      520 21 J —7=Z V M PHILIPPINE NATIONAL BANK iSSSL COMPARATIVE STATEMENT OF CONDITION COMPARATIVE STATEMENT OF EARNINGS AND EXPENSES AaotDalae Indicated (In Million Paaoa) (In MiMon Peaoa) December 31, December 31. DKamtor 31, December 31. ASSETS Ittl 1988 EARNINGS 1988 1988 Cash and Other Cash hams 1,128.8 732.4 Interest Income 4,4944)
      520 words
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  • WORLD STOCK MARKETS
    • US stocks and bonds take a beating
      • Article, Illustration
        NEW YORK
        1233 22 STOCKS AND BONDS fell sharply on Wall Street on Friday, oil prices rocketed to their highest level in four years and the dollar ended mostly lower as financial markets felt the impact of Iraqi invasion of Kuwait. The jump in oil prices has raised fears that inflation could
        1,233 words
      • Article
        AMSTERDAM
        295 22 DUTCH SHARES feU sharply for the second consecutive day as nervousness following Iraq's invasion of Kuwait led investors to sell off shares on Friday. The CBS all-share trend index closed 3.2 points or 2.7 per cent lower after shedding 1.8 points on Thursday. "I wouldn't go so far as
        295 words
      • Article
        FRANKFURT
        284 22 WEST GERMAN shares ended 1.5 per cent lower on Friday as worries about the consequences of Iraq's invasion of Kuwait and growing concern about the costs of East German economic reform to West Germany unsettled the market. Dealers said British investors sold in low volumes early in the session.
        284 words
      • Article
        JOHANNESBURG
        394 22 JOHANNESBURG GOLD shares closed mixed on Friday, helped by a late rally from their lower opening levels as the bullion price rebounded back towards US$3BO an ounce after and early downward correction to Thursday's overdone gains on the Iraq/Kuwait crisis. Dealers said the partial early retreat in gold shares
        394 words
      • Article
        MILAN
        128 22 ITALLAN STOCKS finished weaker on Friday but above the day's lows as light demand in the banking sector helped reduce heavy selling pressure. The MIB index, down more than one per cent at midmorning, finished seven points lower, 0.68 per cent, to 1,015. On the week the MIB dropped
        128 words
      • Article, Illustration
        LONDON
        799 22 SHARE PRICES closed lower on London's Stock Exchange on Friday, weighed down by the fear of rising inflation and higher interest rates because of dearer oil prices. Stocks at first drifted narrowly as investors tried to assess the impact of Iraq's invasion of Kuwait on Thursday. London stocks then
        799 words
      • Article
        BRUSSELS
        176 22 BELGIAN SHARES slumped on Friday on concern about the Gulf crisis. Dealers said higher oil prices could ultimately lead to a recession in the West and that share prices were also battered by the chaos on world financial markets. The main forward market index lost 174.71 points in busy
        176 words
      • Article
        PARIS
        155 22 FRENCH SHARE prices tumbled in Friday afternoon trading, depressed by continued tension in the Gulf, disappointing US unemployment figures and sharp drops at the Wall street opening. The CAC-40 index broke through the 1,900 barrier and ended 49 points, or 2.55 per cent, below Thursday night at a final
        155 words
      • Article
        TORONTO
        180 22 A SHARP FALL on Wall Street due the Iraqi invasion and fears of a slumping economy pulled down Toronto stocks on Friday. The oil, pipelines and utilities sectors were the only indices that closed in the black. The composite index lost 30.03 to 3,516.94 on volume of 30.31 million
        180 words
      • Article
        ZURICH
        278 22 SWISS SHARES ended weaker on Friday but above the days lows as late moderate buying support helped to lift prices from earlier depressed levels. a "Uncertainty rules after Iraqs invasion of Kuwait and foreign investors are selling shares of leading Swiss firms," one dealer said. The fall of world
        278 words
      • Article
        Untitled
        192 22 Aug 3 Close Previous NEW YORK Dow Jones 2809.65 2864 60 -54.95 NYSE Financial 133.41 135.71 -2.30 SAP 500 344.86 351.48 -*.62 Turnover (million) 300 00 253.09 -46.91 L0ND0M Financial Times 30 1793.4 1811.4 -18.0 FTSE 100 2284.6 2304.5 -19.9 Turnover (mjUion) 523.4 561.5 -38.1 AMSTERDAM CBS General unav 199.3
        192 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Talk of Iraqi withdrawal sparks mild dollar selling
      405 23 FOREX WEEKLY ROUND-UP LATE Friday afternoon news .that Iraq said it plans to start withdrawing its troops from Kuwait yesterday sparked some mild US dollar selling, Ending the US unit mostly 'lower by the close in extremely thin trading. "At this point
      Chart by Teletrac  -  405 words
    • Article
      Lock icon US dollar down against most currencies
      547 23 ASIAN CURRENCIES AFP THE US dollar rose sharply on Thursday and Friday as news of Iraq's invasion of Kuwait sent investors scrambling to buy the greenback, seen as a secure currency in times of crisis. ,The dollar's gains at the end of the week
      AFP  -  547 words
    • Article
      INTERBANK FOREX RATES
      394 23 Cross rates Aug: USS SS MS Dm Yen SFr AS NZS USS 1.8080 2.7000 1.5960 149.80 0.5402 1.3570 1.2706 1.6835 SI 0.5531 1.4934 0.8827 0.8285 0.2988 0.7506 0.7028 0.9311 -3JC MS 0.3704 66.96 0.5911 0.5548 0.2001 0.5026 0.4706 0.6235 Dm 0.6266 1.1328 1.6917 93.86 0.3385 0.8503 0.7961
      394 words
    • Article
      MONEY MARKET
      539 23 Interbank rates S$ Bid Offer Overnight 5 3/4 6 1-month 6 3/4 6 7/8 imonth 6 13/16 6 15/16 3-month 6 7/8 7 Overnight mode: 6 1/2 USS Htfl Low 7 days 8 7 15/16 1 month 8 7 7/8 2 months 8 7 7/8 3 months 8
      539 words
    • Article
      Lock icon Bank Negara monitoring ringgit-sterling rates
      410 23 Bernama BANK NEGARA is closely watching the brisk movements in ringgit/steriing trading which has accompanied the rise of the pound to above the Mss level, forex market sources said. They added that the central bank would always be there to ensure that the strengthening of
      Bernama  -  410 words
    • Article
      Bank of Thailand urges banks to limit credit growth in second half
      540 23 THE Bank of Thailand has asked commercial banks to limit their credit growth in the second half of this year to 12 per cent, according to The Nation. The move is intended to curb credit expansion for the
      540 words
    • Article
      Traders struggle to cope with events
      438 23  -  GOLD FINANCIAL FUTURES REPORT 1 Sin Huat Bullion THE trade in Loco-London gold last week was marked by exceptional turbulence as traders struggled to cope with the barrage of events and conflicting fundamentals crucial to the metal's fate. Early bearishness fostered by US recessionary
      438 words
    • Article
      FINANCIAL FUTURES
      288 23 COMEX Aug3 COLD FUTURES (100 oz) USS/oz Open High Low Settle Change Aug 375.20 382.30 373.00 377.40 +0.60 Sep 382.00 382.00 378.00 379.60 +0.50 Oct 377.50 386.00 377.50 381.60 0.40 Dec 383.00 390.80 384.20 386.40 +0.50 Feb 91 390.50 395.00 389 50 390.80 +0.50 Apr 390.50 397 00
      288 words
    • Article
      PRIME LENDING RATES
      507 23 BANKS %< ABN Bank 8V Allied Irish Bank PLC i American Express Bank 8V Am'Dam R'terdam Bank 8V; Arab Banking Corp 8.62! Arab Bank Lid 7VS Asia Commercial Bank IV, ANZ Banking Group 8V Ban Hin Lee Bank i Banca Commerciale 8M Banco do Brasil Bangkok Bank
      507 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Gold will be volatile but the trend is up
      396 24 Reuter GOLD'S near-term outlook is volatile due to continued uncertainty over Iraq's aggressive moves in the Middle East, but the metal's bias is upward, said US analysts. "If you can tell me what Iraq will do, I'll give you a price
      Reuter  -  396 words
    • Article
      Lock icon Sugar market dealers assess the China factor
      232 24 Reuter US traders are uncertain whether China will enter the world market to buy sugar despite a drop in prices to their lowest levels in 19 months. At the Coffee, Sugar and Cocoa Exchange, world raw sugar prices plummeted to their lowest levels
      Reuter  -  232 words
    • Article
      Lock icon Prices of Brent crude hit four-and-a-half-vear highs
      881 24 REPORTS AFP BRENT crude oil prices hit their highest level for four-and-a-half years after Iraq's invasion of Kuwait on Thursday, in a week dominated by the conflict between the two Opec members who represent more than 20 per cent of the cartel's output.
      AFP  -  881 words
  • Article
    PRICES
    1130 24 Rubber MS(t*twfcilw> Scents/kg Int 1 RSS Close July 30 155.00 July 31 154.50 Aug I 154.25 Aug 2 154.75 Aug 3 154.00 INKLB (tefc \m fcdg) Mcents/Vg Int 1 RSS Close July 30 233.50 July 31 233.00 Aug 1 232.50 Aug 2 233.00 Aug 3 232.50 UWW(Au|3) pence/ki Ctoae
    1,130 words
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Page thumbnail Page 25
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1043 25 aty fhm eta miit no MaMfe Qf81 1900 SQ225 2215 SQ228 1915 I—— RJ182 1445 RJ183 2320 IhMH KL841 1055 GA892 0110 SQ23 1200 QF005 2230 AacMafe TE25 1800 TE26 1920 SQ388 2025 ■safer Sari B4421 1105 SQ182 0915 BtpMl SQ181 1410 BI422 1205 ***** 2030
      1,043 words
    • Article, Illustration
      Where Gypsy violins still play
      750 25  -  LETTER FROM BUDAPEST By Paul Hofmann Always playing, the violinist in his gold-embroidered blue tunic strolls to the table where a couple are halfway through their roast duck dinner and asks for their selection. As something is murmured, the fiddler strikes up the plangent opening
      750 words
    • Article
      MONEY CHANGER RATES
      154 25 As at 3pm on Aug 3: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4150 1.4350 Canadian dollar 1.5560 1.5760 NZ dollar 1.0580 1.0880 Sterling pound 3.330 3.360 US dollar 1.8050 1.8150 Local dollars to 100 ■•its of fordf cirtncy Austrian schilling
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      83 25 Duration Title Venue Organiser Td Duration Title Venue Q r P nacr Sep 7-17 International Switzerland Sehweizer Muster 61/686.20.20 Sep 15-20 International Germany Munchener 89/***** Fair Mustermesse Trade Fair for Messe t.Attt.n. the Food and Sep 10-16 International Spain Foire 3/423.31.01 Catering Industries TV, Sound and De
      83 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      294 25 1 Soft cry of pain from Joey's -u— 4 Scorchers avoided by hav- ing a cold perm (4,5) j j j j j j 9 Turned on tormen- ""■a""TBT" tors, but with sign of roughness (7) 11 Distant rumblings conceal a 12 Let go without payment (4) BH—JHL 13 Lady
      294 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      201 25 Singapore Outlook: Fair Ripnrt Ma* temp. 32.6"C Assoc humidity 58% Min temp 25.7 Aaaoc humidity 96% His of sunshine 10.70 Rainfall in mm Nil Rainfall this mth 36.9 Rainy days this mth. 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 13/05 Rain Bangkok 35/27 Showers Beijing 34/26 Hot Brunei 33/25 Showers
      201 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      32 25 Wocvr'g -rear.. p>llTm€ oEtc>»NP>L uvfe f >iou'VC rnisseo THE. [5 ljvtc. CBOIoD HftVC BC£N I ygfeTigeD...... I osec TO KNOOJ -tweSC P«£. PiLL. fltw aaretg... C eVEWWO «TAWOAW) CO. LTD.. IfC-1«W iU»
      32 words
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  • Article
    Lock icon US economy risks being caught in a double bind
    470 26 Reuter THE United States appears to be in danger of suffering from the worst of both worlds rising inflation from soaring oil prices driven by the invasion of Kuwait and falling employment from a weak economy. The Labour Department said on
    Reuter  -  470 words
  • Article
    Lock icon US adopts US$289b military budget
    264 26 AP THE US SENATE approved a US$2B9-billion defence bill that cuts US$l billion from President George Bush's request for the Strategic Defence Initiative. But the bill leaves intact his fiscal 1991 proposal for two B-2 bombers. In a rush to finish before a summer recess,
    AP  -  264 words
  • Article, Illustration
    Motorists pay the price
    46 26 A petrol station attendant in Chicago hangs a sign that announces a 10 US cent per gallon increase in the price of petrol. The price increase is linked to fears over Middle Eastern oil supply stemming from the Iraqi invasion of Kuwait.
    46 words
  • Article
    Lock icon Teheran seeking to restore ties with London
    271 26 AP IRANIAN President Hashemi Rafsanjani has said that Teheran will restore ties with London, more than a year after his country severed relations over the late Ayatollah Ruhollah Khomeini's order to kill author Salman Rushdie. In London, the British Foreign Office reacted coolly,
    AP  -  271 words
  • Article
    Lock icon Aquino sets deadline for reconstruction
    127 26 AFP PHILIPPINE President Corazon Aquino yesterday set herself a six-month deadline to rehabilitate her country from last month's killer earthquake, and urged critics to put aside their heckling. She said in a statement that a presidential rehabilitation task force which she formed last week had
    AFP  -  127 words
  • Article, Illustration
    Asean may set up export trading institute
    364 26  -  By Schutz Lee ASEAN may soon have its own export trading institute to promote export orientation among its small to medium enterprises should Brunei agree to fund the project. This is one of the issues on the agenda of the latest Asean Chambers
    364 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      127 26 PiageT JfMJJER EN HQRLOGERIE IXPUGIX74 GENfVE JHT l- >-»• fc ■l mi^M *HB|i t^ -rA' Dauphin Sitzkultur A HEALTHY BACKBONE IS ESSENTIAL FOR PERFORMANCE. Distinguished design and high quality materials express the identity of a company: Master Line is a programme of executive chairs made in West Germany. Master Line
      127 words
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      Page 26 Advertisements Column 2
      102 26 EAST GERMAN JOINT VENTURE Wholesale and retail market Germany, Poland Russia. Locksmiths full range supply to equip outlets In Germany. Instant printer equipments and used new copy machines. Restaurant equipments, new/ used for wholesaler/ installer In DDR. Office machines, new/ used, other related consumer goods. Client 141 Staff, Sale repair
      102 words
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      Page 26 Advertisements Column 3
      310 26 PugeT JtMILUER ENHORUOGERIEIJFJVISIB74 GENEVE TWO PRIME FREEHOLD HOTEL DEVELOPMENT SITES in the Proposed Robertson Quay Conservation Area Overlooking the Singapore River Closing Date: 28th Aug 1990, 3 pm. Parcel A Parcel B Site Area 8,587 sm (92,430 sf) Site Area 1,992.7 sm (21,449 sf) Tenure Freehold Tenure Freehold Reserve Price:
      310 words
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  • Shipping Times
    • Article
      MISC to buy four more tankers
      368 27  -  By Othman Abu Bakar THE MALAYSIAN International Shipping Corporation (MISC) plans to order a new Aframax-sized tanker for crude oil trade and three medium-sized tankers for product trade to meet growing demand from shippers. The proposed purchase of the crude oil tanker is said
      368 words
    • Article, Illustration
      Kwai Chung port realises pre-Tiananmen forecast
      203 27 HONGKONG'S Kwai Chung container port handled 14 per cent more cargo in the first half of 1990, surprisingly realising the official forecast projected before the Tiananmen massacre last year. Marine department figures reported in the South China Morning Post showed a total cargo throughput
      203 words
    • Article
      NOL's bid for stake in Lorenzo arouses fears
      189 27 NEPTUNE Orient Line's bid to take a stake in Lorenzo Shipping Corp has drawn the fire of Philippines' Maritime Industry Authority (Marina), said a report in Seatrade Week. According to the report, Marina has asked the Securities Exchange Commission to investigate NOL's
      189 words
    • Article
      Thai, Norwegian firms in shipping tie-up
      341 27 CF SHARP SIAM Co has tied up with Norwegian shipping company Ivaran Lines to provide services between the Far East, the United States and South America. CF Sharp Siam Co is a joint venture between CF Sharp of the Philippines, the base agent of
      341 words
    • Article
      Mitsubishi to conduct VLCC review
      259 27 MITSUBISHI Heavy Industries (MHI) is to review its approach to very large crude carrier technology, following the discovery of cracks in the cargo tanks of VLCCs. According to Lloyd's List, a senior official of MHI has questioned whether technology is not racing ahead of inspection
      259 words
    • Article
      P&O Containers shifts box control centre here
      345 27  -  By Dexter Lee IN A MOVE to better manage its containers which are plying Asian routes, UKbased P&O Containers Ltd (P&OCL) has shifted its control of these boxes from Hongkong to Singapore. The new container logistics control centre was set up in mid-July
      345 words
    • Article
      Thailand closer to becoming cargo centre
      173 27 THREE international airlines British Airways, Lufthansa German Airlines and KLM Royal Dutch Airlines have signed a technical cooperation agreement with Thai Airport Ground Services Co (TAGS), bringing Thailand another step closer to becoming a regional freight centre. The agreement, signed last week, provides for
      173 words
    • Article
      Lock icon Eva Airways to lease two planes
      89 27 Reuter EVA AIRWAYS Corp, a subsidiary of the Evergreen Group, the world's largest container operator, has signed a contract with Britain's Monarch Airlines to lease two Boeing 767-300ER passenger planes. Company spokesman Lou Wei-hua said the three-year and nine-month contract was signed by Eva
      Reuter  -  89 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        FAA approves Boeing 757 jetliner
        103 28 THE Federal Aviation Administration has approved another version of the Boeing 757 jetliner to operate up to three hours away from an approved landing field. The decision means that airlines can use the more economical twinengine plane on long routes over water or unpopulated areas,
        103 words
      • Article
        Work on Kuwaiti order continues
        89 28 AIRCRAFT manufacturer McDonnell Douglas Corp said last week it will continue production on a US$l.B billion Kuwaiti order for 40 fighter jets, despite uncertainties due to Iraq's invasion of Kuwait. A company spokesman at McDonnell's St Louis headquarters said the F/A-18 jets, scheduled for delivery
        89 words
      • Article
        US, UK ships asked to stay out
        101 28 US AND UK merchant flag ships have been advised to stay out of the Gulf. Lloyd's said in a three-line dispatch that the US-flagged vessels had been instructed to move east of the 54 degrees 30 minutes east latitude line which runs approximately
        101 words
      • Article
        American Airlines files complaint
        38 28 AMERICAN Airlines has filed a complaint with the Department of Transportation against the BAA pic, the former British Airports Authority, for its refusal to let American handle its own passengers at airports in Britain.
        38 words
      • Article
        Thailand-Malta air accord
        81 28 THAILAND has signed an air service agreement with Malta, which allows both countries up to five flights per week using any type of aircraft. A Maltese airline will begin flying to Thailand en route to Australia twice a week from April next year. While Thailand has no
        81 words
      • Article
        Mitsui to build plant in Bahamas
        71 28 MITSUI Engineering Shipbuilding Co Ltd and its Danish subsidiary Burmeister Wain Scandinavian Contractor AS (BWSC) received a nine-billion-yen order from the Bahamian government to build a 53-megawatt diesel power plant, a Mitsui spokesman said. Mitsui Engineering will supply the diesel engine and power-generating equipment,
        71 words
    • Article, Illustration
      When too many ships chase too little cargo
      1163 28  -  The overcapacity plaguing shipping lines may worsen, according to cargo analysts. The Journal of Commerce International reports Journal of Commerce International For a shipping line executive, it's a nightmare. After years of work to develop container volume on a particular route, liners
      1,163 words
    • Article
      COCKETT BUNKER MARKET REPORT
      840 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
      840 words
    • Article
      THE SHIPPING GUIDE
      13020 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
      13,020 words
    • Article
      DAILY FREIGHTS
      1061 43 THE FREIGHT market was largely quiet on Thursday because of the general uncertainty surrounding freight rates following Iraq's invasion of Kuwait, brokers said. Interest was further dampened when the War Risks Rating Committee reclassified to a held cover basis all cargo insurance to or from Iraq, Kuwait and
      1,061 words
    • Article
      AT CONVENTIONAL WHARVES
      573 43 Vtad Voy No Berth Amvji Oepartart Vtttd Voy No B«r1h Arrival Dtpjriui Kappd Wharves Sembawang 8 Prus IS K29 alongside 06.08/1830 Hwangkumsan 2/90 S05 alongside 0608/0600 Brest 020A90 K15 alongsde 06.08/1200 0ra«*e Moon 3 S01 alongside 05 08/2300 Keban 01A/90 K33 alongside 0508/1300 Str Pnde 15M S02
      573 words
    • Article
      CONTAINER SCHEDULE
      1132 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Boofcin/Babnce 1Mb Ship Voy No Period From To From P of DbcBaf Space Aa Jade 7A 2 05/1700 06/0659 06/0900 4 06/1200 06/1459 06/1700 Aa Lotus 26 1 05/1500 05/1659 05/1900 2 05/1700 06/0659 06/0900 3 06/0700 06/1159 06/1400
      1,132 words
    • Article
      IN MALAYSIAN PORTS
      341 43 Port Klawt Sorih Port on Aug 3: Petro Niaga berth 1; Aditya Vaihav berth 2; Peiego Iso berth 3; Million No 2 berth 3; Hong Soon berth 4; Kuala Siak/KKDV berth 7; Meiaka laya berth 7A. KCT: Bunga Dahlia berth 10; Melisa berth 10. North Port: Stellanova
      341 words
    • Article, Illustration
      Aussie inquiry into tariff cuts
      609 44  -  From Florence Chong in SYDNEY AUSTRALIAN importers are potentially facing an increase of duties totalling Asl.s billion a year, if an Industry Commission inquiry returns a finding to abolish a commercial tariff concessions system and a by-laws system. The inquiry into the commercial tariff concessions
      609 words
    • Article
      Lock icon Attack a bid for safer oil routes, say experts
      238 44 Iraqi invasion of Kuwait Reuter THE Iraqi invasion of its tiny, but rich, neighbour Kuwait may reflect a bid for safer routes for oil exports, its only reliable source of national wealth, Tokyo oil and shipping experts said. "That's why Iraqi
      Reuter  -  238 words
    • Article
      Lock icon Sabotage ruled out in plane explosion
      197 44 AFP FEDERAL safety authorities in US have ruled out sabotage in the May 11 explosion aboard a Philippine Air Lines Boeing 737 which killed eight people, saying a faulty switch or wiring was likely the cause. National Transportation Safety Board chairman James Kolstad said
      AFP  -  197 words
    • Article
      Lock icon France must recover cash if yard opens
      101 44 Reuter FRANCE will have to recover two billion francs in state aid hand-outs if it allows its La Ciotat shipyards to reopen, the EC executive said. The European Commission, which vets all state aid to preserve competition within the 12-nation market, allowed Paris
      Reuter  -  101 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      85 27 THE SPECIALIST Ht Wire Rope Slings e Lashing j& HteriaJs testing iM a I FACIUTUS Jv Lining ]M[ OTEBMAEINE SUPPLY CO. (PTE) LUX BUI IUfCCO HI M»—FT m SWEE HENG METAL CO PTE LTD 13, Tuas Avenue 14, Singapore 2263 Telex RS ***** SHMCPL 5555 (sHm»s) Telefax 861 2946 vtoW'JhP'*'*'*'*'*."*JLLLß
      85 words
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      Page 27 Advertisements Column 2
      29 27 Coctatt report s 2 Container Schedule 17 (My (remits .17 Mr to Advertisers 3 Shnvf Code 10.11 Staps m Port 17 Sffppore Tries 17 Weather and Sea Contains .17
      29 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      150 28 Executive Style x 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
      150 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2085 29 lAROINE SHIPPING AGENCIES 200 Cantonment Road #12-05 Soutfipoint. Singapore 0208 All WWW Tel *****11 TELEX NO RS ***** VM*nW TERMINAL;CFS Tel *****11 220 r Buuua'l BOOKINGS Tei *****34 235 L wWQf M PESAKA JARDINE SHIPPING AGENCIES SOM BHD H PORT KELANG TEL: *****11 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX
      2,085 words
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      Page 29 Advertisements Column 2
      1071 29 MUX TO ADVERTISERS Maersk Line 3 4/5 I X I Mainfreight 15 4 I 1 .MISC 14 1-3 ABC Containcriine 13 5 M'sia Shpg Coq> 9 1/2 Accord Shpg 8 1-3 Mendelssohn 5 1/2 Adkris Business 16 3 Meng Homg Shpß 15 2 Albatros Sea-Air 14 5 MOL 18 1/2
      1,071 words
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      Page 29 Advertisements Column 3
      2292 29 Vmmi voy ETA I ETD 'Port 'Panang DESTINATIONS Singapore Kaiang Thw waak Kant M 900* Cloatng Tma Faadaf by »0400 HRS M Farco > CFS 21M HfiS U Tauro OAK LOB MOO MEM ATL MIA CHS BAL PML NYC MOM TO« METTE M 9006 7/8 6'B iw [sid ?V8 27/8
      2,292 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1103 30 ROTTERDAM/ VOY NO S PORE P. KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENAVON 95/593 6/8 23/8 26/8 28/8 HAMBURG EXPRESS 97/592 9/8 3/9 28/8 30/8 27/8 2/9 BENALDER 96/596 12/8 29/8 31/8 5/9 KOWLOON BAY 96/595 16/8 10/9 4/9 6/9 3/9 9/9 TOKYO BAY 99/599 18/8 5/9 7/9 10/9
      1,103 words
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      Page 30 Advertisements Column 2
      472 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I. FLOREANA 26/8 8/9 11/9 15/9 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA, PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I. FLOREANA 26/8 29/9 30/9 3/10 Alto accepting Cargo to Cilteo (Poni) via Vilpi Agents: SINGAPORE: *****56 VS.
      472 words
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      Page 30 Advertisements Column 3
      1133 30 El &smm regular independent full contamer service WESTBOUND FOR EUROPE VSL'VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA A. j ROT) HAM) N-AL MANSOORAH 9023-3 11/08 01/09 03<09 06/09 08/09 11/09 10/09 12/09 13><R JAPAN SEA 024-W 17/08 07/09 09/09 12TO 14£S W 6W IMB
      1,133 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1808 31 SgSteamers Maritime Holdings Ltd] WP&O mSTRAITS SHIPPING! Containers MKa" I**1** Vo* Ne P.Klaag S port S'tn H'burg I'tnv I'taa Ltd *5.211* SAILS I KNAVON M*so BAR-31/7 OM* 2301 2V® 27/ M CARGO HAMBURG amss »/W TBHUM-0M DM> aj/W 2M4 JtyOi Vim WB BINTANG SERIA Vl4£ Bint, BUri, KB Daily In
      1,808 words
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      Page 31 Advertisements Column 2
      1610 31 TO: EUROPE TO: FAR EAST sP LH ROM HAM B'HVN FIX SPORE HK KAO KM Ml HANJIN OAKLAND 00»W J|| W W W W HANJIN HAMWW,WE W }W J* iS CHOYANC SUCCESS 010W 11/ l S/» 7/1 10fl HANJIN ROTTERDAMOME 13* 1W 17* 200 OJ HANJIN HAMBURG OttW 2SH 12fl
      1,610 words
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      Page 31 Advertisements Column 3
      20 31 3'PORE LOAMNO FOR MORA 14/1/90 PHNOMPENH/KOMPONGSOM NMA 15/S/M HOCHMMN/VUNQTAU SELM SHIPPING TRADING PTE LTD TEL: *****73 TLX: R*****7 PAX: 224M4C
      20 words
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      Page 31 Advertisements Column 4
      387 31 W77MTWnSnInIIHK9!wn7rBVWni SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASIAN CHAMPION PIONEER STAR TRADER VOY. NO. 7 114 11 Sport 14/1 20/1 21* P. Kelang 16/8 22/1 24/1 Penang Hong Kong Yokohama 7/9 11/9 Nagoya 5/9 S/9 Osaka 7/9 Senboku 3/9 Kashima Hochimtnh •For Discharging Only V NOTE: ALSO CALLING OTHER
      387 words
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      Page 32 Advertisements Column 1
      517 32 CR NBR **********0-0 EXPRESS SEM-CQNTAINERSMP SERVICE VSL/VOY SWK R OAM/ H BURG BREMEN ANTWERP ADAH KUTAIffIWB It-22/1 23/1 Hp 21/1 5/10 MATARAM/27W8 22-26ff 22/10 26/10 20/10 2/U FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERIBEO CARGO wm Pott AM—ntla, CB>>W,nß fi&*£S?I l £J l n R conventional cargo via T/S BKKr 1810 wmm
      517 words
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      Page 32 Advertisements Column 2
      1126 32 IfifrHANJIN SHIPPING full container service HANJIN OAKLAND 0M» I I Vs"" W**" w" B Sffiff.MHM jj (IKSK choyanc SUCCESS iw w ,w ,/s ws im 2 SSL w im HANJIN HAMBURG N2W 25/112/9 13fl 14fl IW US CHOYANC CHANCE 04tt BUSAN ia3t i 0 HANJIN ROTTERDAM ÜBN 1/9 |1» W
      1,126 words
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      Page 32 Advertisements Column 3
      1185 32 i d "In I d d IPKL SCf HUC UC W.C FUS HKI OS* W Tiro LAI CM Ml. lITC LH* ANW KM fix HBC w I I GOUT RE«I tit H M 1M I'll M Sil M M 7H IP 24* 21* »l <|II VH Ul W Wl E
      1,185 words
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      Page 33 Advertisements Column 1
      1605 33 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS' UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFIQf :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA CICOO O ciuxu K.L.-(03) *****33, P.Kelang-(03)
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      Page 33 Advertisements Column 2
      1193 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FPU WESTBOUND I »osas wim |spq« |mmLA hkowc" wtket turn mjm weuec rmvoi thjury rqtt l t rnmiv
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      Page 34 Advertisements Column 1
      1468 34 4\\ W Wm T AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 1244I*****0M) mA TEL: *****77 TELEX KAWAKIRS23I6S FAX: *****79 J M_rj MALAYSIA: HARPER WIRA SON BHO \V TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. ftxroKT N. AMERICA PACIFIC SOUTH-WEST N /wwr N. AMERICA
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      Page 34 Advertisements Column 2
      709 34 PHILI-ORIENT LINES PTE LTD 1 (The Complete NVOCC Package) J* j ■■■■■■■maMHHiHHH VANCOUVER, S"WESTERN ONTARIO. 9 AUG M U USCAT D RAhJA N |N K X I DHAR| A LONWN S 7hUN C o€R A &AY, WINNIPEG, Hs££L BAHRAIN ABU DHABI REGINA, SASKATOON, SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON, PENTICTON
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      Page 34 Advertisements Column 3
      433 34 GOLDEN LINE GUAN GUAN SHIPPING IfrSLjXV (PTE) LTD I 'X.M n A TaiokAvar Straat SW6APORE DM 1 TEL: SM3M> (M HUES) F« BOX (CR Ms. MUHMM) tmm^WMUwowiinTiai S'pon P. Mmi Pmmii GOLDEN HAVEN Catoato/KmcMMMi 12/14 Auf QOLOEN BEAR CotofMXk'KjrKto/Dubfc saygg Ml TUN SHAN XaMVFwtMu 21/21 Aaf CHANCOU PMr Gudanf/Huarifpu 11/12
      433 words
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      Page 35 Advertisements Column 1
      1658 35 pacific international lines (pte) ltd ESSSSSSE iV mt JHV p,l Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA 1 I BANGKOK "1 VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EDEN 9024 7/8 718 14/1 KOTA SINGA 21N 7/8 10/1 14/6 MAJAPAHIT 5958 7lt B/8 PEGASUS PIONEER
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      Page 35 Advertisements Column 2
      1247 35 r BEN LINE CONTAINERS ~LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint IV% Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN R'DAM L'HAVRE Benavon 95/593 6/8 Via Bar 23/8 26/8 28/8 Hamburg Express 97/592 9/8 3/9 28/8 30/8
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      Page 35 Advertisements Column 3
      314 35 tegk MYANMA |Bk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen MYOMAYWA VI29W 1/12 AUG HPA-AN VIS3W 13/15 AUG PATHEIN VIO4W 15/17 AUG PAGAN Vl6o* 21/23 AUG MERGUI VIOIW 21/30 AUG THE BANK LIME (A eervlc* oi Andrew Weir Shipping) \\V SEMI-CONTAINER SERVICE VI HEAVY
      314 words
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      Page 38 Advertisements Column 1
      737 38 »nsR-i imfsmA INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV RDM ANT HBG RST PANAMA SEN WFO3I 7/1 30/1 31/1 1/9 3/9 5/9 T WENOA SW IS/1 7/9 8/9 10/9 12/9 AMERICAN SEN WFO34 21/1 13/9 14/9 IS/9 17/9 18/9 0.
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      Page 38 Advertisements Column 2
      1316 38 TEL: *****88/*****22 ow coisouoATitm sennet it FAR EAST PORT KELANG 10/8 17/8 MANILA 11/8 18/8 PENANG 10/8 17/8 BUSAN 12/8 19/8 BANGKOK 9/8 13/8 TOKYO 9/8 16/8 HONG KONG 10/8 15/8 YOKOHAMA 9/8 16/8 KAOHSIUNG 12/8 19/8 KOBE 9/8 16/8 KEELUNG 12/8 19/8 JAKARTA 12/8 19/8 SRI LANKA INDIA CHITTAGONG
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      Page 38 Advertisements Column 3
      280 38 XtBCT:lif i UI»l:I.Mi.'l« LOADING FOR LOADING FOR BUENOS AIRES VESHI SPOUt CM M* MIRIS MVIMO RIO STS VIT PAGU* ■OSTWENI 1M OJt W IV) W 2M V MMI 2 ■M SABANA 2JM W 11/1 77/1 1/M 4/M U/M VMHU C ISAMI WW 12.10 alO VII Ml MM VMM 2 MOSmiN
      280 words
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      Page 38 Advertisements Column 4
      1394 38 <**■ CHINA OCEAN SHIPPIMG COMPANY 2, MISTRI ROAD, HMC BUILDING TEL: *****00 #15 00, SINGAPORE 0207 FULL CONTAINER LINER SERVICE TELEX: RS KOO COSHIP CR NO **********0 M FAX: *****66 General Agents: COTTAR SHIPPING FIE LTD CABLE COSTARL,NE «v I TO EUROPE f"OH EUROPE Vessn-VOT SCP FIX NOT HAM AKT
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      Page 39 Advertisements Column 1
      1028 39 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 10/8, 17/8 EUROPE all Ports 11/8, 18/8 BANGKOK 10/8, 13/8 HONGKONG/CHINA 11/8, 15/8 SYD, MEL, ADEL, BRIS 8/8, 15/8 FRE MANTLE 7/8, 17/8 MANILA 10/8, 17/8 PKLG/PENANG 12/8, 19/8 Port Ketang Branch Tal: *****21/2/3 Fax:
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      Page 39 Advertisements Column 2
      1370 39 MASKAPAI PELAYARAN P&PULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS ofTWRE, INDONESIA, I MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. m WE SERVE FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL *****55 kMttwm-riwww* stwvici P.... VSL VOY SIN
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      Page 39 Advertisements Column 3
      280 39 TO AUSTRALIA/NEW ZEALAND cvowuKawiS m M ni Hi 5» /umKHK* zsT aji m "5i w u/» *#i twt txmss mHi m» "55 "55 5/5 m» LHUOWS7 55 >55 5S 55 an 1* DATS TO STDNKT! TO USA/CANADA w£ |HOrt»— [tttrtwf |Hillii*pWi [Wrtto c wowuksw u* Sji 55 55 55 mtSMTE
      280 words
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      Page 40 Advertisements Column 1
      1170 40 MAC-NELS SINGAPORE[""MIT tel ama iwm 10= mtm] PfNANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 H J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 UV \_HJ JAKARTA TEL:
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      Page 40 Advertisements Column 2
      517 40 BLUE STAR LINE |]l^^^ r SINGAPORE TO BJNEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL 4 LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AOCK ITT MAHSURI 0571 10 Au« 21 Aug Via
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      Page 40 Advertisements Column 3
      1151 40 I /ftfITHONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH «sa |m I m I KIT una m eti KIT KIM SOON LI 31/90E 11 AUG
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      Page 41 Advertisements Column 1
      683 41 compania peruana TO&A DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI, ILo*«ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnang* P. Kelang Singapore THOMASEVERETT K3O/7 Aug ROSEEVERETT 18/20 Aug 21/22 Aug SHAPIAEVERETT 25/27 Aug 2S/29 Aug ,"EVERETT ORIENT LINE" JAPAN/BAY OF
      683 words
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      Page 41 Advertisements Column 2
      580 41 vsl Ivor fs'PQtE Mainliner [lax Ikst Isav Myc [wrx ZIM KOPER lit 14/8 ZIM LIVORNO l»/9 n/9 a/9 *9 2/10 ZIM ELAT HE 25/8 ZIM GENOA 24/9 1/18 4/10 4/M M/W ZIM SINGAPORE 3SE 30/8 I*4 GENOA M/ 9 3/10 4/10 1/10 10/10 LEEWARD 4E 2IM LIVORNO 14/9 23/9 2t/9
      580 words
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      Page 41 Advertisements Column 3
      642 41 SING KWANG HANGI ■wwa nuuwo«rr*now tn*) ltd WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 8/8 11/8 JENWEL 11/8 1 I 13/6 VESSEL S PORE BANGKOK A VESSEL 8/8 10/8 A VESSEL 11/8 13/8 DESTINATIONS ETA SINGAPORE PORT KELANG 10 AUG MANILA AUG HONG KONG. ALL CHINA PORTS 10 AUG
      642 words
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      Page 41 Advertisements Column 4
      520 41 la PERINTIS LINE I I BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PONTIANAK* PELOPOR 953 05/08 08/08 TANTO SEJATI 09 08/08 11/08 PELOPOR 954 11/08 14/08 TANTO SEJATI H 15/08 18/08 TANTO UTAMA 95 10/08 13/08 TANTO UTAMA 97 17/08 20/08 TANTO UTAMA 99 24AM 27/08 TANTO UTAMA
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      Page 41 Advertisements Column 5
      432 41 91 gum 12/8 KEELUNG/KAOHSIUNG 12/8 BANGKOK 10/8 MANILA/CEBU 11/8 JAKARTA/BELAWAN/SURABAYA 10/8 PORT KELANG/PENANG/E. Malaysia 8/8 BUSAN 10/8 TOKYO/YOKO/KOBE/NGO/OSA 13/8 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamefl/Xingang/Shanghai SIN E9MPE/UK 11/8 LDN/FLX/LVP/SOU 11/8 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaha/Czech. SIN USA CANADA 11/8 LOS ANGELES/NEW YORK all IPI po.nts
      432 words
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      Page 42 Advertisements Column 1
      396 42 "ST CB SHIPPING rt® 8 MARINE SERVICES north queensland/papua new guinea services Monthly service accepting FCL, LCL and breakbulk cargo to and from Lae, Port Moresby > (P.N.G.) and Townsville (Australia). Also other ports sub|ect to inducement. Next vessel "ANKE" VI6SB ETA Singapore 18-19/8/90. Also starting regular service for project
      396 words
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      Page 42 Advertisements Column 2
      504 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE A.N V.13-90W 16/8/90 11/9/90 1/9/90 6/9/90 MB V.13CW90 2/8/90 24/8/90 25/8/90 1/9/90 B A V.14CW90 16/8/90 31/8/90 10/9/90 15/9/90 N.C V 14-90W 20/8/90 16/9/90 6/9/90 11/9/90 K.S V.15-90W 28/8/90 21/9/90 12/9/90 16/9/90 K.V.T V.15TW90 27/8/90 18/9/90 20/9/90
      504 words
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      Page 42 Advertisements Column 3
      233 42 BUSINESS IT** CORPORATION PHIUPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT. ALL HEAVY LIFT WELCOME M.V.'DAGOHOY' 06/90 15TH AUG MNL/BISLIG TBN 22TH AUG ILIGAN/BISLIG TBN END AUG MNL GENERAL ACT: CALSOURCE SHIPPING A TRADING PTE LTD. Q ROBINSON RD. «OS-Ol AFRO ASA BLOC
      233 words
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      Page 42 Advertisements Column 4
      790 42 GF OCERnSERUICE g LCL/FCL SERVICE TO/FROM ft/7 KL: AU.ittn.MK SINGAPORE: /y^X m 04-*****2 *****8055 778 5522(22 linesi ®EEA) Marina Ong Smmh CMm ANc* YnMmt Yao I FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 12NB VIGOUR PAOFIC 13NB 22/6 JAKARTA PELOPOR ETA; 4/8 SURABAYA TANTO UTAMA (93) ETA: 10/8 BANGKOK 5/8 9/8
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      426 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOIK 0000 0100 0200 0300 0400 0500 0(00 0700 OMO 0900 1000 not 1200 **********001(*****01M01*0 2000 2100 *****3 M ft 28 2.3 1.7 11 0.8 a 5 0.4 0.5 0.8 1.4 1.9 12 2.3 12 1.9 1.4 1.1 0.9 1.0 12 1.6
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      Page 44 Advertisements Column 1
      429 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL 48Br shipping corp., Karachi. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8 INDONESIA
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      Page 44 Advertisements Column 2
      686 44 HYUNDAII MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI COMMANDER 19E 11/08 16/08 04/09 07/09 09/09 <*/09 HYUNDAI CHALLENGER V* 02/07 OS£7 08/07 2W07 04/08 HYUNDAI PIONEER 34E 18/08 23/08
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      Page 44 Advertisements Column 3
      493 44 CHARTPOINT Every Saturday in Business Times TxporttoT^^^^ UK/CONTINENT (TRIO) HAIKUK EXPRESS »J»°" M*"" Jw*" IS «ott.nl*. toArtwp AmLnto* CHIo Stockholm Hotw*. BENALDER U« SW lfl 2* ■L* KOWIOOM BAY 1M 1M 4/1 l/l IS South**** :to <11 UK totfiutKm. Mm Md Out* in TOKYO SAY IM VI M lOfl MEDITERRANEAN
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