The Business Times, 7 August 1990

Microfilm: NL17094
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Tuesday August 7 1990 75*
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  • NEWS SUMMARY
    • Article
      Possible German unification this week
      70 1 A GIANT labour union and the second-largest parties in both German states said yesterday that East Germany can only be saved by dissolving quickly and that German unification could occur this week. Horst Ehmke, deputy chairman of the West German Social Democrats, said yesterday that
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    • Article
      Ngee Ann City's gain
      33 1 NGEE Ann City developers could gain some $50m in rent by awarding the superstructure tender for the projert to Shimizu Corporation despite the contractor's higher tender bid. Page 2
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    • Article
      Higer building costs
      35 1 RISING building materials prices and wages are likely to drive construction costs for private sector projects up by about 8 per cent this year, according to a quantity surveying firm. Page 2
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    • Article
      Manila forecast
      20 1 PHILIPPINE economic planners have forecast a 4.5 per cent growth this year, the lowest since 1986 Page 7
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    • Article
      Bright prospects
      23 1 LEADING Thai and foreign business figures and senior government planners are optimistic on the development of the southern seaboard. Page 8
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    • Article
      Soviet expectations
      22 1 THE Soviet Union expects up to USsl2bn to boost perestroika reforms if Moscow joins the International Monetary Fund. Page 9
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    • Article
      Moscow fair
      27 1 SHANGHAI will stage a 10day trade fair in Moscow next month in an attempt to boost the city's trade with the Soviet Union Page 9
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    • Article
      Right literary note
      28 1 AFTER 15 difficult years, Dennis McFartand has finally come out with a first novel that has been hitting all the right literary notes. Page 17
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    • Article
      Mixed reaction
      20 1 THE Kuwaiti conflict has drawn mixed reaction from some liner shipping companies in Singapore. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      38 1 WALL STREET stocks plunged in heavy trading yesterday but by 10.45 am EDT (1445 GMT), the market had regained some of its composure. The Dow-30 was off 87.87 points, or 3.14 per cent, at 2,721.78.
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    • Article
      Footsie lower
      46 1 SHARE PRICES plunged on London's Stock Exchange yesterday as worries over increasing oil prices gripped the market. At about 12.15 pm (1115 GMT), the FT-SE 100-share index was down 60.4 points, or 2.6 per cent, at 2,224.2. Volume was 377.6 million shares at midday.
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    • Article
      Keppel doubles profit
      21 1 KEPPEL Corp almost doubles its after-tax profit to $83m for the first six months to June. Page 3
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    • Article
      Sassoon statement
      36 1 SASSOON Holdings, in which the Kuwait Investment Office owns a stake, said that events in Kuwait will not have any effect on the group's capital structure, financial position, on-going operations and management Page 3
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    • Article
      OUS profit down
      27 1 OVERSEAS Union Securities suffered a 44-per-cent drop in group post-tax profit to 1.09 m for the six months ended Jun 30, 1990. Page 5
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 734.78 -51.95 Kuala Lumpur ....584.71 -31.23 Hongkong 3,107.98 -248.97 Tokyo 28,599.53 -916.23 Sydney 1,551.1 -36.9 Friday Change New York 2809.65 -54.95 London 2284.6 -19.9
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    • Article
      CURRENCIES
      21 1 ExckMge rates USS SS 1.8040 Yen SS 1.2051 MS..... SS0.6684 Mtny nurkct rates Overnight 3 2 3/4 3-montn 7 +1/8
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    • Article
      COMMODITIES
      36 1 London Gold PM fix USS382.25 US$ 1.55 S'pote Sep.... l53.25«/kg -0.75 NTsia Sep M232.00 Vlcg -0.50 ML Tin Turnover 75 tonnes +23 Spot M$l6.IO/kg -18 Crado pain oil Turnover 519 lots +290 Aug.....— MS659/tonne -I
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  • Article, Illustration
    Lock icon Singapore faces no immediate oil shortage
    457 1  -  Impact of Iraq's invasion of Kuwait By Lilian Ang, Conrad Raj THE OIL INDUSTRY in Singapore, totally dependent on crude oil imports, has inventories to feed the domestic market for the next three weeks. Between them, the six oil companies Shell, Esso, Caltex, British
    Chart by TeleTrac  -  457 words
  • Article
    Shares plunge on Mid-East tension
    267 1 SHARE prices on world stock markets plunged yesterday on fears the Middle East crisis will reduce the supply of oil and result in escalating oil pncts. On Sunday, Japan joined Western nations in banning imports of oil from Iraq and Kuwait, a move which raised
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  • Article
    Lock icon Four million Iraqis to be evacuated from Baghdad
    328 1 Agencies IRAQ prepared to evacuate Baghdad's four million people and distributed automatic rifles to tens of thousands of ruling party members yesterday in preparation for an anticipated American attack. Iraqi troops controlled Kuwaiti ports, government buildings and key installations, and an administration
    Agencies  -  328 words
  • Article
    Hongkong to pass special law to freeze Kuwaiti assets
    370 1  -  From Catherine Ong in HONGKONG THE HONGKONG government is expected to pass special legislation within the next 24 hours to freeze Kuwaiti assets in line with requests by the British Foreign Office, acting Financial Secretary David Nendick said yesterday. An emergency
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  • Article
    Tourism market markedly softer this year
    483 1  -  By John Tan JUST about everybody now agrees that the tourism market has become markedly softer since the beginning of this year. What they cannot agree on is whether this situation will improve in the months ahead. According to hoteliers, travel agents and retailers,
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      274 1 Nikon The World's Finest Photographic System, CALIFORNIA CRAWLING 10 Mrasft Schedule 27 Money Chancer Rates 27 World News 9,10 OmnfflKm 26 Money Market 25 uypbc Crossword 27 Reponal News 4 E (Moral 12 taponal Stock Markets 24 For market wkces, edrtonai. Franco! News 6 SES 19, 20 advertising and circulation
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    • Advertisement
      Page 1 Advertisements Column 2
      29 1 Scrambling for oil; another blow for Opec, US$lOO billion in financial limbo, Pg 10 '•Oil prices: A matter of psychology, Pg 26 k Butcher of a Baghdad, Pg 13
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    • Advertisement
      Page 1 Advertisements Column 3
      119 1 Nikod World s Fmest Photographic System 1 BT's National Day special out tomorrow SINGAPORE will turn 25 on Thursday. BT commemorates this milestone with a collection of thoughtful essays on matters that touch the core of future Singapore. Among the issues assessed by our contributors are: The changing face of
      119 words
  • Page 1 Miscellaneous
    • Miscellaneous
      Page 1 Miscellaneous Column 1
      110 1 will abide by President George Bush's ban on crude Scrambling for oil; another blow for Opec, US$100 billion in financial limbo, Pg 10 Oil prices: A matter of psychology, Pg 26 start a chain in ThaiU has also applied to st tion fuel at Changi A In international o kets
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        MUIS president's term extended to year-end
        81 2 PRESIDENT Wee Kim Wee has extended the appointment of Hjyi Ridzwan bin Haji Dzafir as president of MUIS from now until year-end. At the end of the year a successor will be appointed to replace him. President Wee Kim Wee has also appointed Haji
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      • Article
        Be prepared for future problems
        102 2 IN TAKING stock of its achievements, Singaporeans must also be prepared for the possible problems that may be encountered in the future, Senior Parliamentary Secretary (National Development), Mr Lee Yiok Seng said yesterday. Mr Lee, who is also the MP for Bukit Panjang, said this
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      • Article
        NS term is barest minimum: Yeo
        163 2 GIVEN Singapore's small population and the present slow birth rate, the two to two-and-a-half years of full time national service is the barest minimum to give the Republic a viable defence force, Minister for Communications and Information, and Second Minister for Defence (Policy), Dr
        163 words
      • Article
        Science Council exec director
        114 2 DR CHOU SIAW KIANG, a former senior lecturer at the National University of Singapore, has been appointed executive director of the Science Council of Singapore. Among his key tasks will be to see to the implementation of the upgrading and expansion of the Science Council into
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      • Article
        Vehicle entitlements tender
        26 2 THE AUGUST tender for vehicle entitlements will close at 4.00pm today. The boxes will be opened at the Registry of Vehicles tomorrow morning.
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    • Article
      Plan for supercomputing resource centre
      338 2  -  By Anne Lee A NATIONAL Supercomputing Resource Centre (NSRC) will be set up to develop local capability in exploiting supercomputing technology, said Dr Tay Eng Soon, Senior Minister of State for Education. The NSRC is being jointly set up by the National Computer Board (NCB)
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    • Article, Illustration
      Shimizu nudges out Takenaka to win Ngee Ann City job
      356 2  -  Lim Mui Khi THE DEVELOPERS of Ngee Ann City have awarded the superstructure contract for the project to Shimizu Corp although its bid is $13.5 million higher than its rival, Takenaka. According to Ngee Ann Development Pte Ltd (NAD) and
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    • Article
      Metro to run Ngee Ann City store on its own
      289 2 RETAILER Metro (Pte) Ltd will operate its department store at Ngee Am City nlone, ending speculntiou that it is looking for another partner after an earlier tie-up with Seibn of Japan fell through. At a press conference to announce the
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    • Article
      Building costs in private sector expected to rise 8pc this year
      297 2  -  By Lilian Ang RISING prices of building materials and wages are likely to drive construction cost for private sector projects up by about 8 per cent this year. According to a recent Rider Hunt Levett Bailey (RHLB) report, the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      97 2 Pp t Cheese Fondue, Swiss Cheese Raclette, Cheese Pudding the Swiss have such wonderful ways with cheese. Savour them at The Belvedere's Swiss Buffet this month. Whilst you're at it, don't forget the Veal a la Zurich, Barley Soup, Sauerkraut and Kirsch Cake. Our spread of over 60 Swiss favourites
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    • Advertisement
      Page 2 Advertisements Column 2
      79 2 100 Hand-knotted Persian, Village, P§ jgg Tribal and Workshop pieces. All lots are guaranteed and backed by jqfra juSM a full trade in value at our showroom. Slßf MSAuctioneers: Cheong Koon Seng (CKS) SiftS aj&J Auctioneers Valuers Pte Ltd CotS #03-28 Ontre Tel: 338 811W38 8468 .<■ i Certified Public
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Keppel sails ahead with 75pc rise at half-time
      442 3  -  By Conrad Raj KEPPEL CORPORATION has cruised in with a strong set of interim earnings described by executive chairman Sim Kee Boon as auguring well for the group in the coming decade. Group profits after tax and minorities rose 75.1 per cent
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    • Article
      Singapore Shipbuilding's share offer defies bearish mood
      373 3  -  Oversubscription said to be nearly 100 times By AJ Leow SINGAPORE Shipbuilding Engineering's share offer of 46 million shares at $1.20 each has surprisingly defied the bearish mood in the local stock market to turn in a "fairly high" subscription level. On a
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    • Article
      OUS posts 43.7pc decline in interim profit
      274 3  -  By Magdalene Ng OVERSEAS Union Securities (OUS) has suffered a 43.7 per cent drop in group after-tax profit to $1.1 million at half-time this year, the second closed-end investment company to see sharply reduced profits this reporting season. Last week, United International Securities
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    • Article
      MISC raises net profit, revises rights issue
      287 3  -  By Dexter Lee MALAYSIA flag carrier Malaysian International Shipping Corporation, which reported a 9 per cent increase in interim group net profit to M 5229.55 million yesterday, has agreed to a revision in its proposed rights issue which will now raise total proceeds
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    • Article
      Sassoon issues statement
      137 3 THE Sassoon Holdings* group of companies said in a brief statement last night that events in Kuwait will not have any effect on its capital structure, financial position, ongoing operations and management. The statement was issued in the wake of Iraq's invasion of Kuwait last week and
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    • Article
      Lock icon Ayer Hitam Tin to pay M$75m for three acquisitions
      301 3 MBT AYER HITAM TIN, which has already diversified into a few sectors, is to make three more acquisitions costing a total of Ms7s million. The acquisitions, to be paid for in cash and shares, are in plantations, property development and a
      MBT  -  301 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      55 3 t SOMEIIPG Something Scmotng Personal lour Glass. Today The Hour Glass takes on a bold and refreshing new step in watch retailing. It's a step committed and sincere. Ifs something which will make others in Singapore turn green with towards excellence in customer service. It goes beyond being friendly. Ifs
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Benguet Corp hit by 25pc fall in output
        98 4 BENGUET CORP, the Philippines' biggest gold producer, has suffered a 25 per cent drop in daily production due to suspension of work at an underground mine after last month's earthquake. Senior vice-president Rogelio Laraya said the July 16 quake had flooded the
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      • Article
        New plant for motorcyle parts
        82 4 NIPPONDENSO CO Ltd, a leading manufacturer of automotive electrical components, will start construction of a plant to make electrical generators for motorcycles by January 1991. Nippondenso's wholly owned Densotrim Co Ltd manufacturing unit will spend some two billion yen in plant and equipment. The plant,
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      • Article
        Property services division sold
        94 4 THE PROPERTY services division of state-owned Works and Development Corp (New Zealand) Ltd has been sold to a company jointly owned by property services management and British-based Serco Group pic, Works said in a statement. The sale price was not disclosed. The division, formerly part of
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    • Article
      Satellite move puts off Hongkong cable TV firm
      320 4 HONGKONG'S cable television company may abandon its multi-billion dollar investment in the project in the wake of last week's government decision to license sat-ellite-receiving systems. Although Hongkong Cable Communications has yet to respond officially to the move, sources close to the five-member
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    • Article
      Seiyu to open store in Hongkong next month
      291 4 JAPAN'S third biggest store conglomerate, Seiyu, is breaking into the Hongkong retail market with the opening of a 150,000-sq-ft department store next month. The HK$ 100 million store is a joint venture with Wing On, Hongkong's largest department store chain, and will
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    • Article
      Soft US market causes Winsor's profit to fall
      625 4 WEAK MARKET conditions for textiles and garments in the US have caused a 13.4 per cent drop in Winsor Industrial Corp's attributable profit to HK5248.07 million for the year ended March 31, said chairman T K Ann. Mr Ann said high inflation,
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    • Article
      Lock icon Canberra defers decision
      147 4 Reuter THE Australian government has deferred a decision on its plans for partial privatisation of the telecommunications and airlines industries until after the Labor Party debates and votes on the issues next month. Further discussion h required and the plan will not be ready for the Aug
      Reuter  -  147 words
    • Article
      Kam Shing sets its sights on leisure-based stakes in region
      481 4 HONGKONG-BASED Kam Shing Commercial and Industrial Development is negotiating for the acquisition of regional leisure-related interests and properties. But it is not considering injecting its parent company's major local asset, the Ritz Carlton Hotel, into the Hongkong listing, according to
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    • Article
      Morning Star eyes Indonesian hotels and travel agencies
      310 4 PT MORNING Star Tour and Travel Service, the Indonesian joint venture between the Lippo Group and Morning Star Holdings, plans to make acquisitions in preparation for a listing on the Jakarta Stock Exchange (JSE). The South China Morning Post reported that the
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      148 4 MPRVPPQm A KBgfljtga MONTHLY AUGUST 1990 "Take me away from all of this." To take over or not to take over; that was the question. And the reason why every company report since 1869 was on his desk. Figures danced in his head, hunger rumbled in his stomach. He could
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    • Advertisement
      Page 4 Advertisements Column 2
      226 4 DATABASE ANALYSIS FOR THE EQUITIES MARKET TECHAMATTC-a Database Analysis module. Offers an exhaustive list oT number-crunching facilities indispensable to every Research Department. Select from a comprehensive Hst of analyses on Stock Price, Volume, Price Changes dafly, weekly or monthly. In-depth Comparmtiv and HrniUhg stucfies can be performed on the extensive
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon UK insurers set to post losses
      761 5 Companies hit by storm damage, rising claims and flat premium rates Reuter BRITISH general insurance companies are set to report dismal first-half results in their reporting season beginning this week, share analysts said. For the first time, analysts say four out of the five
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    • Article
      Lock icon Drexel loses right to approve sales, purchases
      348 5 NYT FOR THE first time since its parent filed for bankruptcy in February, Drexel Burnham Lambert Inc has lost its ability to exercise independent control of purchases and sales of securities in its portfolio. In a decision signed late on Friday, US Bankruptcy
      NYT  -  348 words
    • Article
      Lock icon Chrysler vehicle prices to rise 0.9pc next year
      218 5 AP CHRYSLER CORP's 1991 cars, jeeps and minivans will cost a modest 0.9 per cent more than this year's vehicles, a smaller increase than is expected by other two of the Big Three automakers, an executive said last week. But Chrysler wants
      AP  -  218 words
    • Article
      Lock icon Creditors file petition against Stotler
      155 5 NYT STOTLER GROUP Inc, a financially troubled commodity firm based in Chicago, announced on Friday night that an involuntary Chapter II bankruptcy petition had been filed against it by three parties that say they are creditors. In the last few weeks the venerable grain dealer
      NYT  -  155 words
    • Article
      Lock icon Warburg integrates operations
      89 5 Reuter S G WARBURG Group said that it was reorganising its activities in Switzerland to integrate its Swiss investment banking business with its international operations. Warburg will acquire full ownership of SG Warburg Soditic SA, a Geneva-based finance and issuing business, for 84 million Swiss francs. It
      Reuter  -  89 words
    • COMPANY BRIEFS
      • Article
        Fanuc raises CNC output to 4,800 units
        92 5 FANUC LTD will increase output of computerised numerical control (CNC) equipment at its US unit by December 1991. GE Fanuc Automation North America Inc, owned jointly by General Electric Co and Fanuc, will boost annual production of "Series 0" and "Series 15" CNC
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      • Article
        Agip to start mining in late '91
        101 5 AGIP AUSTRALIA Pty Ltd said it expects productions its Radio Hill nickel/copper deposit in Western Australia to begin late next year following an agreement with MIM Holdings Ltd to use Isasmelt technology. Agip, wholly owned by Italy's Agip SpA, said the deposit has
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      • Article
        Ford sales down 14.5pc in July
        85 5 FORD MOTOR CO said late July US car sales fell 14.5 per cent to 60,515 from 70,736 in the same period a year afo. US light truck sales for the July 21-31 period rose 11.7 per cent to 51,755 from 46,322 a year ago.
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      • Article
        Philips mails proxy materials
        89 5 PHILIPS INDUSTRIES Inc said it sent off proxy materials for its special Shareholder meeting to consider its previously announced merger with a Tomkins pic subsidiary.' The meeting will be held on Aug 22 at its corporate headquarters. Shareholders of record as of July 5 may vote
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      • Article
        Gain of US$700,000 from sale
        80 5 McDONALD CO Investments Inc said it has reported a gain of US$7OO,OOO, or 12 cents per share, from the sale of its interest in an investment banking venture, Meuse, Rinker, Chapman, Endres A, Brooks Inc to Banc One Corp. McDonald A Co said it received
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      • Article
        Amended deal for Integrated
        90 5 INTEGRATED RESOURCES INC said it signed an amended agreement with an affiliate of Krupp Cos for sale of Integrated'* interests in the general partner of the American Insured Mortgage Investors series of partnerships. The agreement is to be executed this week. As a result of the
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      88 5 m New Symbol Qwmes Our brand new logo symbolises the shape of things to come. It's a distinctive green, our From today all Hour Glass outlets will reflect more than just another sleek new identity. It symbol of honour. signifies the unequalled customer service that you'll discover the moment you
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        ANZ Bank to raise rate
        102 6 ANZ Banking Group (New Zealand) Ltd said it will raise its index lending rate to 16.25 per cent from IS.7S per cent, effective Aug 10. ANZ's home mortgage rate will rise to 15.4 per cent from 14.9 per cent from Aug 17, general manager Michael
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      • Article
        USSR expects US$12b credits
        57 6 A TOP Soviet banking official has said he expects credits of up to US$l2 billion over three years to boost perestroika reforms if Moscow joins the International Monetary Fund (IMF). Viktor Rakov, chief currency expert at the central state bank, Gosbank, said IMF membership could also
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      • Article
        Cuba seeks debt talks
        56 6 CUBA, starved of hard currency and burdened by debt to the West, said it wants to revive stalled debt negotiations with its creditors but it cannot repay what it owes without fresh financing. "We're very interested in normalising our situation with our creditors," National Bank of
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    • Article
      Prudential to give S'pore unit greater autonomy
      246 6  -  By Quak Hiang Whai BRITISH insurance group Prudential Assurance will localise its life insurance operations in Singapore by transfering its business to its new wholly-owned subsidiary here. Mr Trevor Perry, the general manager of Prudential who will also be the managing director of
      246 words
    • Article
      Lock icon Nine foreign insurance firms get revamp prod from Negara
      314 6 NST BANK NEGARA has requested the remaining nine foreign insurance companies in Malaysia, which have yet to restructure, to submit their proposals for the exercise. A Bank Negara spokesman said: "Plans and negotiations are being undertaken by these foreign companies to
      NST  -  314 words
    • Article
      Lock icon Conflict threatens conduit bank for E Europe
      223 6 NYT US support for a new lending organisation intended to be the main conduit for assistance to Eastern Europe could be cut off by a dispute between Washington and the organisation's management, Bush Administration officials warned. Financing for the US$l2 billion European Bank
      NYT  -  223 words
    • Article, Illustration
      Citibank to launch 24-hr banking Citiphone
      304 6  -  By Abdul Had hi THE SINGAPORE branch of Citibank will launch its 24-hour personal banking Citiphone on the eve of the Republic's National Day, the first among banks here to have officers on line round-the-clock to assist customers. The bank's Citiphone officers will assist
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  • Page 6 Advertisements
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      453 6 i( a (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the 6th Annual General Meeting of the shareholders of Polytek Weames Holdings Limited will be held at 18, Jalan Kilang Timor #03-00, Singapore 0315, on Wednesday, 29 August 1990 at 11.00 am for the following
      453 words
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      Page 6 Advertisements Column 2
      576 6 ww mm Ml jnajf in 1 World Trad* Centre, 4-12 August IMO >' I Open to pubic: 4.5,9,11 mtd 12 AuoM(loam-10pm) I 8,7, 8 and 10 Augu* (2pm-iCfm) t For Business visitors only 6, 7, 8 and 10 August (10am 2pm) Explore more than 1000 kind of Indonesian selected products
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  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article
      Manila points again to Asean EC-style market
      314 7  -  Froa Al O Labita Jr in MANILA CHANCES are high that Asean will eventually adopt the Philippines' long-standing proposal for a European-style common market, Philippine Trade and Industry Secretary Jose Concepcion said yesterday. At a press conference, Mr Concepcion said Indonesia lately abandoned
      314 words
    • Article, Illustration
      Lock icon Rise of yen, mark favours Proton Saga
      314 7 Bernama APPRECIATION of the Japanese yen and the German mark has augured well for the realisation of the Malaysian government's plan to increase local content in the national car Proton Saga. Pan Malaysia Cycle Motor Parts Traders Association vice-president Ong Seng Tee said
      Bernama  -  314 words
    • Article, Illustration
      Lock icon Manila forecast hit by quake, Kuwaiti plight
      219 7 AFP PHILIPPINE economic planners have forecast a 4.5 per cent growth this year, the lowest since 1986, mainly due to the recent killer earthquake and Iraq's invasion of Kuwait. Manila press reports, quoting preliminary estimates, said yesterday that the government had revised the
      AFP  -  219 words
    • Article
      Lock icon Rice prices double in Ho Chi Minh City
      214 7 AP VIETNAM has been exporting so much rice that domestic prices for the staple have doubled in Ho Chi Minh City since June. According to Radio Hanoi, exporters "have rushed to the city to buy up ail the rice available for export.
      AP  -  214 words
    • NOTE BOOK
      • Article
        US-China Cambodian talks make progress
        65 7 HASTILY ARRANGED TALKS on the Cambodian conflict. between a senior US envoy and Chinese officials over the; weekend made some progress, a Western diplomat said inBeijing on Sunday. US Assistant Secretary of State Richard. Solomon arrived in China last Saturday, giving just four hours of
        65 words
      • Article
        Indon dailies welcome Li Peng
        80 7 INDONESIAN NEWSPAPERS hailed the visit of Chinese Prime Minister Li Peng to Indonesia yesterday, which marks the resumption of diplomatic ties between the two countries, as a "new chapter" in Sino-Indonesian ties. Not one of Jakarta's 20 daily newspapers, apart from dozens of other provincial
        80 words
      • Article
        Pakistan to get Aussie planes
        88 7 AUSTRALIA'S delivery of 50 Mirage-111 aircraft to Pakistan would start in the early part of next year, Foreign Minister Gareth Evans said in Islamabad on Sunday. But, he told a press conference, the schedule could be changed if there is an outbreak of hostilities between
        88 words
      • Article
        Cambodian minister quits
        93 7 CAMBODIAN Minister of Information and Culture Cheng Phon has resigned, an official source said in Phnom Penh on Sunday. Mr Cheng Phon officially resigned for health reasons, the source said, adding that the respected minister stepped down about two weeks ago. The source did not know if
        93 words
      • Article
        Laotian minister visits Burma
        75 7 LAOTIAN Deputy Foreign Minister Soubanh Salithilath ar-. rived in Rangoon on Sunday for a five-day official visit to Burma, the state-run Rangoon Radio reported. Mr Soubanh, who headed a ministry delegation, was invited to Rangoon for talks by the Burmese Foreign Ministry director-general Ohn Gyaw, the
        75 words
      • Article
        Laotians in democracy protest
        83 7 MEMBERS of the Laotian community demonstrated in Paris on Sunday for the independence of Laos and the withdrawal of Vietnamese troops from the country. The demonstration at the Place Victor Hugo, organised by several groups, attracted some 300 Laotians carrying signs calling for human rights and
        83 words
    • Article
      Thai southern seaboard faces both optimism and scepticism
      746 8 LEADING Thai and foreign business figures and senior government planners have taken an optimistic view that the massive programme to turn the southern isthmus into an international transhipping route, oil, industrial and trade centre will get off the ground. The Bangkok Post
      746 words
    • Article
      Thais may liberalise gold imports by next March
      440 8 THE Thai Finance Ministry is likely to liberalise gold imports by March 1991, aimed at supporting the government policy on monetary relaxation. The Bangkok Post reported an informed ministry source as saying that the gold import liberalisation policy would be more possible
      440 words
    • Article
      New entity to take over Thai state oil agencies
      429 8 TWO EMBATTLED Thai state petroleum agencies the Petroleum Authority of Thailand (KIT) and Bangchak Petroleum Co will be shut down to pave the way for a new national oil company, a government subcommittee on national petroleum affairs decided last week. The
      429 words
    • Article
      Aussie, Taiwanese investors plan sugar mills in Indonesia
      282 8 INVESTORS from Australia and Taiwan have expressed interest in building sugar factories outside Java, according to AT Birowo, secretary of the Indonesian Sugar Council Mr Birowo was quoted by the Antara news agency as saying that their intention to build the sugar
      282 words
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      Page 7 Advertisements Column 1
      103 7 AtXheMgumGlass, HIRES AcmsTiME For A SMK OR TWO. .jttQtp: BKbb I tB feL. \>9 IMMW -^f,™ Smiles that are pure, innocent,spontaneous.Smiles that can only be described as sincere. cosy atmosphere.lt makes for more relaxed and comfortable shopping. More importantly, Step inside any of our shops and you'll immediately be greeted
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      Page 8 Advertisements Column 1
      180 8 SINGAPORE BUSINESS WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Subscribe or renew your subscription now. mwtm The first 100 subscribers will receive a Grundig Roltronic Pocket Battery Shaver worth $52/- (For Subscribers Subscription rates: '^ISSShSIHuI2 issues of Singapore Business 5548.00 "East Malaysia 5592.00 (Registered second class
      180 words
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      Page 8 Advertisements Column 2
      103 8 FOR WHO, WHAT, WHERE AHD WHEH IN THE MARKET. i ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends
      103 words
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  • THE WORLD 1
    • Article
      Lock icon Soviet Union expects up to US$12b from IMF
      395 9 Reuter A TOP Soviet banking official has said he expects credits of up to US$l2 billion over three years to boost perestroika reforms if Moscow joins the International Monetary Fund (IMF). Viktor Rakov, chief currency expert at the central state bank, Gosbank,
      Reuter  -  395 words
    • Article
      Lock icon Shanghai will hold 10-day fair in Moscow to boost trade
      216 9 AFP SHANGHAI will stage a 10day trade fair in Moscow next month in an attempt to boost the city's trade with the Soviet Union, the English language China Daily said in Beijing on Sunday. China's second largest city will display
      AFP  -  216 words
    • Article
      Lock icon Gorby, Yeltsin accord signals political shift
      343 9 Reuter SETTING aside their differences, Mikhail Gorbachev and his long-time critic Boris Yeltsin have opened the way to rapid transformation of the Soviet economy and a radical shift in the balance of political power. A surprise economic reform agreement signed by the Soviet President
      Reuter  -  343 words
    • Article, Illustration
      Hiroshima remembers
      36 9 Doves fluttering over Peace Park during a memorial service yesterday, to mark the 45th anniversary of the atomic bombing of Hiroshima. The symbolic skeleton dome gutted by the bomb is seen in the background.
      36 words
    • Article
      Lock icon Canadian economy seen heading into recession
      265 9 Reuter THE Canadian government's statistical agency said last Friday that the country's economy is marching towards recession, but economists say the correction should be a mild one. Canada, the smallest economy in the Group of Seven leading industrial nations, has watched its once robust
      Reuter  -  265 words
    • Article
      Lock icon Mrs T suggests East Europe join EC
      239 9 Reuter BRITISH Prime Minister Margaret Thatcher on Sunday declared communism was dead and proposed that Eastern Europe join the European Community. Saying that the Soviet Union was no longer an enemy, Mrs Thatcher proposed a bill of rights, which she called a "European
      Reuter  -  239 words
    • Article, Illustration
      Lock icon Over US$100b goes into financial limbo
      631 10 Impact of Iraq's invasion of Kuwait Reuter THE FALL of Kuwait to Iraqi invaders consigned one of the world's richest and most sophisticated economies to a state of limbo unprecedented in the world's integrated and liberalised financial markets. "The complexity of Kuwait's financial dealings
      Reuter  -  631 words
    • Article
      Lock icon Ex-customers scramble for oil
      447 10 Reuter DESPERATE former oil customers of Kuwait are already scrambling to secure other Gulf supplies for their nearterm requirements after Iraq's invasion left a large vacuum in regional supply, Gulf oil traders say. "As there is no KPC (Kuwait Petroleum Corp) around since Thursday, we are
      Reuter  -  447 words
    • Article
      Lock icon Opec's credibility takes another body blow
      596 10 Reuter ONE VICTIM of the Iraqi invasion may be the Organisation of the Petroleum Exporting Countries, founded in Baghdad 30 years ago next month. Some Arab oil officials said the 13-nation Opec risks at the very least another damaging blow to its credibility. Despite
      Reuter  -  596 words
    • Article
      Lock icon Indonesian projects hang in the balance
      146 10 Bernama THE FATE of several Ku-wait-aided projects in Indonesia, mostly in highway construction, estimated at US$llO million, are in the balance following Iraq's invasion. Officials in charge of the projects said in Jakarta yesterday they were uncertain if the aid agreed to between Indonesia
      Bernama  -  146 words
    • Article
      Lock icon Kuwaiti oil exports grind to a halt
      329 10 AP KUWAITs oil export facilities are shut down following the Iraqi invasion, and there is considerable doubt Saudi Arabia will be willing to make up the potential world oil shortage, the Middle East Economic Survey said yesterday. The weekly newsletter, published in Nicosia,
      AP  -  329 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      268 9 INTIRNATIONAL MUSLIM FOOD TECHNOLOGY DCHWTION imFEXQO Jj'i/l jjJl jAI 15 -18 AUGUST 1990 WORLD TRADE CENTRE SINGAPORE IMFEX is the first show of its kind to be organised specially for manufacturers and exporters ofHalaC food and food processing eauipment to: Tap the vast market for 'Halal' food Provide a one-stop
      268 words
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      Page 9 Advertisements Column 2
      231 9 Canon A filing system so revolutionary, it fits neatly anywhere. Saves space Stores 13,000 pages or 65 arch files 41 in a compact 13cm(5.5") disk, either erasable or non-erasable mode. And enables youjMA to retrieve v documents MH in as good as the original form.^^H^^^^Hß|j Saves time Scans 40 pages
      231 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      230 10 The 2nd International Petrochemical Conference X Petrochem'9o Identifying Opportunities for Growth in the 90s 20 21 September 1990, Marina Mandarin Singapore Petrochemical investments in the Asia-Pacific are surging ahead and are expected to continue into the 90s. Petrochem '90 will identify opportunities for growth in the light of changing trends
      230 words
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      Page 10 Advertisements Column 2
      247 10 ILabuan I A new international business centre I A FORUM FOR SENIOR EXECUTIVES OF MNCs BANKS ANO OTHER FINANCIAL INSTITUTIONS. Labuan has generated tremendous interest amongst business groups and if you are one of them, this forum will be of interest to you. What does Labuan have to offer? What
      247 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      264 11 OUR PRODUCTION MANAGERS ALWAYS RECEIVE THEIR JIT. STOCK SCHEDULING FOR COST EFFICIENCIES. v, iKtßm -^KB Rkiv lw V&> nSEn ■91 Hg? jflHp.. vw HPc^m s ;..->&* *^E H*.' s Hr .9 H p. Tftji I V a IF II K V aPIHI^H I V BftEj nr- niiiP' dgfc^-^ra^^^^K Ik m-:
      264 words
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  • Article
    Terengganu beckons
    450 12 EDITORIAL INGAPORE companies are starting to discover that there's more to Terengganu and the northeast of West Malaysiatnan sandy beaches and leatherback turtles. And it's a good thing. While Singapore works towards a southern growth triangle with the Riau Islands and Johor, and maintains interest in the already
    450 words
  • WHAT THE OTHERS SAY
    • Article
      Towards the Pacific Age
      251 12 WITH basic structural questions out of the way, it now remains for Apec to find ways to make economic co-operation meaningful. This will not be easy. Unlike other regional groupings, Apec consists of countries of different economic strengths. Indeed, the issuance of two statements in Singapore,
      251 words
    • Article
      Beijing on test
      132 12 CHINESE Premier Li Peng's visit to Indonesia to sign an agreement on resuming ties with Jakarta is significant given the size of the two countries and their influence. The political ramifications on development will be felt in the region and beyond. Following the Tiananmen incident in June
      132 words
    • Article
      The Kuwaiti lesson
      102 12 THE Middle East crisis following the Iraqi invasion of Kuwait means that oil prices will be unpredictable and nations may thus have to re-adjust their future economic strategies. The lesson to be derived from this invasion is clear. Like Cambodia, whose border abuts on Vietnam's, Kuwait exists
      102 words
  • REGIONAL VIEWPOINTS
    • Article
      Defend your own jewels
      242 12 THE Iraqi invasion of Kuwait has dashed any illusion about the Gulf states being responsible for themselves and that the Butcher of Baghdad, Saddam Hussein, can be trusted or appeased. After several weeks of scimitar-rattling, the Iraqis attacked Kuwait and made a mockery of the Gulf
      242 words
    • Article
      An intolerable insult
      167 12 THE seizure of the sovereign state of Kuwait by Iraq's army must rank as the least justifiable, most cynical use of force and bullying by one country against another in recent memory. Although there is only one acceptable ending to this sad story of outright Iraqi aggression,
      167 words
    • Article
      No more cheap oil
      141 12 THE SET index in the Thai stock market plunged nearly 32 points or about 2.8 per cent yesterday as a direct result of the Iraqi invasion of Kuwait. Lon-ger-term impacts from the crisis in the Persian Gulf will follow as further oil price hikes are inevitable.
      141 words
  • Article, Illustration
    Lock icon California crawling
    803 12  -  Can market solutions be used to tame the scourge of America's city sprawls: the rush-hour traffic jam? Peter Passell feels that California could borrow an idea from Singapore, where rush-hour use of critical arteries is carefully regulated Peter Passell NYT FRESH from their triumphs in Eastern Europe, free-market
    NYT  -  803 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      103 12 fcVv' At The Westin Plaza, Z ST out prob,e,n w,,h ,ht ax g° night.' OlllgOJJUl C Execute* Centre: "Yes Ma am." only ernDlOV S l^e con rrcnce r()0m U P f° r tomorrow's meeting? J J Qmi<entum Ser~i<ices: "Yes Sir." Were you able to confirm me on that flight? Concierge:
      103 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      44 12 DOONESBURY BY GARRY TRUDEAU HESUREISTAKJNG MAfBtTHM PVN7 THAT MUST SOWHBIE'RE YOU NO,NO. tJHERBTO, A LONGTIME HAVZA&6O4OU6H SETT. HE. FOLKS AIMIN' TO MAUdU SON 9 PICKING OUT «r—CmATimPMVS MUSTBt SBTTU/T5 THE ft. that RING \at I n* SHACK* shopping here in las only PLACE yZZ-
      44 words
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  • ANALYSIS
    • Article
      Lock icon How the West made Saddam Hussein
      851 13  -  Just a few months ago, Saddam Hussein made clear his intention to destroy Israel and control the Middle East and the oil that moves the world. The way to stop him then was an immediate Western embargo. But that did not happen. A M
      NYT  -  851 words
    • Article, Illustration
      Butcher of Baghdad
      1630 13  -  The latest adventure of Saddam Hussein has startled the world and, curiously, united it. Russia and America stand shoulder-to-shoulder. Europe has a chance to show how united it is. Japan has joined the chorus of condemnation. But the Iraqi ruler knows that when money talks there is
      1,630 words
    • Article, Illustration
      Lock icon Fiscal virtue under strain
      917 13  -  The simplest goal for fiscal policy is a public 1 sector balance not dependent on privatisation and achieved over the average of a business cycle, writes Samuel Brittan Samuel Brittan FT THE budget deficits of the main industrial countries have been shrinking steadily and in most
      FT; Source: OECO,June,Economic Outlook  -  917 words
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  • INNOVATION & TECHNOLOGY
    • Article
      TECH TAKES
      318 14 THE Singapore Federation of tlfct Compiler Industry (9PCI) has commissioned a professional market survey firm to study issues like human resources in the computer industry. The survey would also cover the salaries and benefits of information technology professionals and support staff. The survey resuits will be ready at
      318 words
    • Article, Illustration
      US software firm poised to test region's products
      325 14  -  By Claire Leow AN American firm will soon offer independent tests to evaluate software and hardware products under real-world conditions. US-based National Software Testing Laboratories (NSTL) has come to the region to meet what it perceives to be the needs of manufacturers
      325 words
    • Article
      Lock icon Microwave plan for nuclear waste
      312 14 AP Researchers at the Rocky Flats nuclear weapons plant in Colorado will microwave hazardous waste in a test of a new disposal method they have invented, officials said. Non-hazardous material with a consistency similar to the real thing will be used in a year-long test
      AP  -  312 words
    • Article
      Getting past the intimidating DOS without tears
      845 14  -  The "DOS prompt" on a PC screen has bemused, frustrated, even terrified, generations of PC users. Thankfully, today there are a host of DOS enhancers that make the operating system not just friendlier but more capable. Kenneth James reports. IT MATTERS Kenneth James
      845 words
    • Article
      Lock icon Telephone card emerges favoured weapon in US$52b market battle
      735 14 NYT Telephone calling cards were long the industry's doormats useful, but taken for granted. Now the largest long-distance companies are giving them mantelpiece display. These thin plastic rectangles for chafging calls, with 10-digit numbers and magnetic strips, have become favoured weapons
      NYT  -  735 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      136 14 i A T i»l»i g l KKiT^n^^BBBBB^BH j Tz^i As you can see, Mobilgrease HP looks nothing like an Ml So if your grease isn't blue, maybe it's time for a ordinary grease. It looks different, and it really is different. J change. To Mobilgrease HP. The Blue Supergrease! For
      136 words
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  • FOCUS
    • Article, Illustration
      Lock icon EC looking into ways to create a Eurobourse
      1104 15 Europe is discussing a telecommunications possibility of linking the European Community's bourses and thereby making European stocks the hottest financial tool of tne '90s. NYT YOU LIVE in Madrid. You've just come into a little money, and you've read that Volkswagen is
      NYT  -  1,104 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      186 15 rr i* j c t The best place for your company logo isn't always at the top of your stationery. i if n > ii Z' 1 1 i; t N r i x s 1 4 Only the UOB VISA Business Card lets you put your company logo on
      186 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1096 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... i i i 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
      1,096 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      706 16 TELEVISION AND RADIO Breakout dance *»—p Ssfe* sssf* j '#*#^4 730 PM Altar Naary (Drama, cp 7.00 Guilt by Disas- 4.40 tear Pray* ML BBC, til afe li VNF Boo* sociation. After months 4.47 CfcaHto't »i|ili (cont'd). 7 iam i n, HIwmImhBBB 7.55 D« fiaalta Sovereign of frustrating job-hunt SJt
      706 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The novelist as sleuth, resolving a past of pain
      1233 17  -  Raj Kamal Jha discusses a first novel by a writer who left music for the world of words Raj Kamal Jha IHT IN 1975, the piano student graduated from Brooklyn College with a bachelor's degree in music and a cynical aversion
      IHT  -  1,233 words
    • Article, Illustration
      Lock icon Salzburg festival seeks new vision for future without Karajan
      761 17 Reuter THE Salzburg festival, keen to keep its Alpine home alive with the sound of music, is looking for inspiration after years of domination by conductor Herbert von Karajan. Founded in 1920 to reaffirm Austria's cultural identity when it lost its
      Reuter  -  761 words
    • Article
      Murdoch plans tabloid in East Germany
      367 17 mammm PUBLISHER Rupert Murdoch is trying to launch a tabloid in East Germany, Der Spiegel reported in its latest edition. The weekly news magazine said West German publisher Hubert Burda has signed a letter of intent to start the new tabloid. PRESIDENT Saddam Hussein,
      367 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      221 17 AND ENTERTAIN I 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 102). TEL: 732 1222.
      221 words
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      Page 17 Advertisements Column 2
      244 17 KHuUL!lißsWni»3lßllll B"> H|]|^H R 188 :gggm?|^B H Eel or 'Unagyu' is a favourite delicacy in japan. In Kamoga wa, we imported live eel from japan and grilled with our special sauce to give you the freshest and' delicious taste. For this August, we are offering this seasonal delight with rice,
      244 words
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  • SPORTS
    • SIDE LINES
      • Article
        Chance for Cram to attempt hat-trick
        108 18 ENGLISH middle distance star Steve Cram will bid for an unprecedented hat-trick of European 1,500-metre titles in Yugoslavia later this month. Britain's athletics selectors have overlooked his injury and illness problems by naming him in tfyeir 106-strong team for the European Championships in Split
        108 words
      • Article
        Navet captures second gold
        97 18 Ekic NAVET, a reserve on the French team eight weeks ago, wt>n his second gold medal in four days on Sunday, capturing ttye show jumping title at the World Equestrian Games in Stockholm. Navet, who was part of France's gold medal-win-ning team on Thursday, rode Quito
        97 words
      • Article
        Jaite wins Pro Tennis title
        74 18 w AjKjENTINA's Martin Jaite took advantage of Libor Nemecdk's nervousness on Sunday to win the US Pro Tennis Championships 7-5, 6-2 in Massachusetts. Jaite took 12 of the Hist 13 points of the match to defeat Nemecek, a 21-year-old Czechoslovak who defected to West Germany.
        74 words
      • Article
        Schwantz rides to triumph
        130 18 US RIDER Kevin Schwantz edged Grand Prix motorcycle paints leader Wayne Rainey by more than two seconds to win thfc British 500 cc Grand Prix race at Donington Park on Sunday. Chasing his first world title but starting the race 30 points behind his countryman, Schwantz
        130 words
      • Article
        Dernies takes Tour of Britain
        128 18 BELGIAN Michel Dernies recovered from a spill in the last 500 metres on Sunday to win the Tour of Britain after l,oBskms of dose racing. Dernies and Britain's Robert Millar were even in the overall standings entering the sixth and final stage from York. After
        128 words
      • Article
        Gone with the wind
        87 18 THE opening race of the World Cup ski season was abandoned yesterday after 34 racers had negotiated the course, when officials decided that high winds at the top of the slalom course made racing too dangerous. Norwegian CMe Kristian Furuseth had the best time when the
        87 words
    • Article, Illustration
      Lock icon Edberg finally wins Volvo title
      711 18 Agencies TOP-SEEDED Stefan Edberg, forced to play more conservatively after twisting an ankle, won two tiebreakers to beat fourth-seeded Michael Chang 7-6, 2-6, 7-6 on Sunday in the finals of the Volvo Tennis Los Angeles tournament. Edberg sprained his left ankle in the sixth game
      Agencies  -  711 words
    • Article, Illustration
      Lock icon The six million dollar golfer
      448 18 AP TOM KITE rolled in a 15foot birdie putt (Hi the first playoff* hole on Sunday to defeat John Cook in the St Jude Gassic in Tennessee and become the PGA Tour's first US$6-million winner. Kite hit a fairway iron to the green on the
      AP  -  448 words
    • Article
      Lock icon Goodwill Games closes on low note for US
      310 18 AP THE Goodwill Games came to an end on Sunday in Seattle, perhaps for all time. It was a discouraging finale for a US hockey team that came so close to defeating the So* viet team, but it was just the beginning
      AP  -  310 words
    • Article
      Lock icon Alfredsson clinches first tournament title
      421 18 Agencies HELEN ALFREDSSON sunk a five-foot par putt on the fourth hole of sudden death playoff on Sunday to beat Zimbabwe's Jane Hill and win the British Women's Open Golf Championship, her first tournament victory. Alfredsson, last year's European women's tour rookie of the year,
      Agencies  -  421 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      28 18 [V] CHECK OUT "NEWSMAKERS" CONTEST TODAY 8 GUCCI TIMEPIECES WORTH $600 EACH TO BE WON! From August 6 11,1990 An exclusive Prizes sponsored by promotion bmi i*tk ltd
      28 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      ST Industrials Index plunges 96 points
      4563 19  -  By Abdul Hadhi AMID the intense situation in the Gulf, share prices on the Singapore stock market yesterday slumped back to the levels of last December. Caution was the watchword as investors anxiously awaited Wall Street's reaction. Commented one broken "A plunge in Wall
      4,563 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3904 20 Main Board UOLCULS 102 +1 +1.0% Ctob Gcr.hngs 975 -95 -8.9% UMW 565 -80 -12.4% MISC Foreign 550 -70 -11.3% M Banking 830 -60 -6.7% Pedis PUnt 525 -60 -10.3% NST 510 -50 -8.9% H Leong Ind 50* 472 -48 -9.2% MAS 500 -45 -8.3%
    3,904 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks spiral downwards on heavy selling
      3659 21 Bernama SHARE PRICES on the Kuala Lumpur stock market plunged yesterday as the impact of the Gulf crisis came into clearer focus and in reaction to the sharp drop in Tokyo, dealers said. The KLSE Composite Index fell to 584.71, down 31.23 points or
      Bernama  -  3,659 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      95 21 :iiisi Your chance to own a masterpiece of Swiss Design -^f It could be a controversial deal between two stock market stars, a thought-provoking report by uiiireisity researchers an the latest trans-European FOCUS zooms in on the news and -c y of the day and looks at them in more
      95 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      172 22 Cnmmi Data tMf 6r**P Nit Mat Mnhfi lf*i MM to praflt/laM (L) ft slur* divMaad (•OM) (cMts) HTP HUts Auf 3 Mat 90 $2.334($2.754l) 26(—) CMPH Aug 3 Mar 90 $15.408($12.840) 8.5(7.1) 10h(3) Murata Jul 27 Mar 90 18.309f(20.925f) 94 2(107.2) 30(30.8) Bedford M 13 Dec 89 M$9,0441
      172 words
    • Article
      PRELIMINARY RESULTS
      107 22 Cmmmj tote Year Group pre-tax Met earning* Cress mm te prefit/less (L) per sbre dividend (•000) (ceets) Whvt HWp Aug 1 Mar 90 HK$1.479d(J1.251d) 65.7(59.0) 43.5(37.3) IntarPacrtic Jul 30 Apr 90 M}100,038($41,133) 7.0(2 8a) 10(6a) Bcrpya Corpn Jul 27 Apr 90 MJ101.209(|70.023) 8.0(9.1a) 12(7.7a) Khoog Guan Jul 27
      107 words
    • Article
      INTERIM RESULTS
      304 22 Cawaay Data Half-year Creep pre-tax Interim ana ta prefit/lets (L) (HvHend ('000) Focal Finance Aug 3 Jun 90 $i.862($l,30l) H Negara Aug 3 Jun 90 $699($190) IC8 Aug 3 Jun 90 $18.339g($11.201g) 4(4) U06 Aug 3 Jun 90 $139,065g($126,198g) 8(7 3a) UOF Aug 3 Jun 90 $6.996($6,481) HOI
      304 words
    • Article
      DIVIDENDS ANNOUNCED
      520 22 Carraat Ex Baaks Ma TataiM Tatal M Mfwt Ma dtu payaMa tfea yaar lntjMr Mti Mdp 61 Aug 28 Sep 7 Sap 26 6* 6% 1MB 5% Sep 14 Sep 28 Oct 27 5* 2% MM 10% Sep 21 Oct 5 Nov 1 10* 7.5%(a> MFP 2.75sen Jon
      520 words
    • Article
      RESULTS DUE
      472 22 ttHPW Stocks Last Fal Ymt C m+m, MM M to M EPS 6m IW M ym roof laam Mat Man* M 30 Dae 89 5351(h) BS Mem Apr 26 W 90 9.3(a) 2 3TE(a) 4.747 Tat Ua Ftanca Paul M 1 Oac 89 12 3 8.0 2,206 FM
      472 words
    • Article
      APPROVED ISSUES
      269 22 Company Rights lime Ktota Uh (XX) Often tor oh by or on Wart of UM Eapaars (If) Bhd of 25 2m share by way of a njhts otter to enbOed sharehokkn of M on the two of tour tor-one *8125 each Ex-da* M 20 ctose: Au( 3 Acceptance
      269 words
    • Article
      BONDS, LOANS & WARRANTS
      650 22 BONDS, LOANS WARRANTS CIC M Mm 26/4/93 1 a*rra* ptoi SIM cart. Cm i i) laai Caaaaay W 2/10/89 to 20/10/94 1 warrant ptoi 81 cart or 1 warrant ptos $1 Tommai amount of ban stock. Chan dp Itotoi Cton ftp M Mart 87 to 31/12/91 1.55 warrants pto >1.56
      650 words
    • Article
      CORPORATE DEVELOPMENTS
      437 22 Aug S QAf Ltd is investing Msl6m through its Malaysian subsidiary. Gardenia Bakeries (KL) Sdn Bhd, to build a new bread manufacturing plant capable of producing four times its exisMi capacity in Shah Warn. Aug 3 Bolton Properties proposed to buy a 5% stake in Bolton LYL and
      437 words
    • Article
      PROPOSED ISSUES
      575 22 Company Rights Issue Mm One-tor tow MJ2 00 per share. C—iy toe Capital reduction scheme to reduce par value of shares Irani $1.00 to $0.60; Rights issue of 3:2 e JO 60 per share OW One-tor-one M$4 00 per share Every tour rfMs shares would be issued wdh
      575 words
    • Article
      COMPANY MEETINGS
      338 22 Golden Hops Pbnteioro BM 14th AGM at the Sarawak Room, Basement 2, Shangn-La Hotel, 11 Jatan Sultan Ismail, ***** Kuala Lumpur, on Wednesday, August 8, at 11.30 am. Duriop Estates Bhd: EGM at the Anggenk Room, 4th Floor, Hotel Equatorial, ialan Sultan Ismail, ***** Kuala Lumpur on Wednesday,
      338 words
    • Article
      RECORD HIGHS & LOWS
      146 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 l*t *****3 (16/7/90) 1*0 N* 1607.12 (27/3/90) 1990 tor 1254 18 (2/5/90) 1J» tar 415.M (W* 1919 N0c 1322 00 (28/12/89) *9 N* W.J 190 tar 917 42 (4/1/89) *»N* 030.69 (J/I/M) 1988 NMc 1043.86 (8/8/88) 1*8 M0t 1177.87 (8/8/88)
      146 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      370 22 I 5 i I Keppel Corporation limited I H (Incorporated in the Republic of Singapore) H The Directors are pleased to advise the following unaudited results of the H I Company and the Group for the six months ended 30 June 1990: H COMPANY GROUP I 1990 1989 1990 1989
      370 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes sharply lower in thin volume
      2268 23 Reuter TOKYO STOCKS closed sharply lower yesterday, though off their lows, with the benchmark Nikkei average losing 3.10 per cent in thin volume. Bond yields soared adding to already considerable fears of higher interest rates caused by perceived inflationary pressure in the wake
      Reuter  -  2,268 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Panic selling causes 7.4pc nosedive in prices
      2330 23 AP SHARE PRICES on the Hongkong stock exchange nosedived more than 7 per cent yesterday as a result of panic selling triggered by Iraq's invasion of Kuwait. The blue-chip Hang Seng Index plunged 248.97 points, or 7.4 per cent, to close at 3,107.98.
      AP  -  2,330 words
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  • REGIONAL STOCK MARKETS
    • Gulf fears hang heavy on markets
      • Article
        AUSTRALIA
        988 24 ,THE AUSTRALIAN stockmarket finished sharply weaker yesterday in heavy trade as oil prices continued to rise in response to the Middle East crisis. The All Ordinaries ended off its low, 36.9 points down at 1551.1. Brokers said the Nikkei index plunged 916.23 points for the same reason and added
        988 words
      • Article
        BANGKOK
        671 24 BANGKOK STOCKS fell in a record one-day plunge yesterday on panic selling by investors reacting to a steep fall in Tokyo and concern over a new oil crisis, brokers said. The SET Index nosedived 88.48 points, or 8.1 per cent, to 1009.04 in thin trade. Advances led declines 170
        671 words
      • Article
        SEOUL
        778 24 SEOUL STOCKS fell in thin morning trade yesterday as investors stayed on the sidelines, worried over uncertainty in the Gulf, brokers said. The composite index stood at 666.51 at the close of morning session, down 4.91 points from Saturday's close and the lowest level this year. Construction and trade
        778 words
      • Article
        TAIPEI
        392 24 TAIWAN SHARE prices finished down yesterday but off their lows as investor confidence was further shaken by Tokyo's plunge, with trading dropping sharply, dealers said. The weighted index fell 120.92 points, or 2.4 per cent, to close at 5,008.21 compared with Saturday's 5,129.13 finish. Turnover fell sharply to NTS39.B
        392 words
      • Article
        MANILA
        504 24 MANILA SHARE prices slid yesterday on sustained fears about the effects on the Philippine economy of events in the Middle East, dealers said. The Manila Stock Exchange composite index closed lower at 908.63. The thin trade volume indicated an absence of panic selling as most traders kept to the
        504 words
      • Article
        JAKARTA
        569 24 SLOW TRADING on the Jakarta stock exchange pushed turnover down to 1.90 million shares yesterday from 3.43 mil- lion on Friday and the composite index fell 5.87 points to 607.62. Sumarecon real estates was the most traded on the regular market at 189,500 shares. It closed 150 rupiah lower
        569 words
      • Article
        NEW ZEALAND
        451 24 THE NEW ZEALAND share market closed on a three-month low yesterday, as leading stocks were hit on thin volumes by poor performances on major overseas bourses. "Really the local market is out of the control of local investors," said Dave Tetro of Ord O'Connor Grieve. "(Yesterday's) fall was
        451 words
      • Article
        Untitled
        421 24 Close PrcrfcNM \agmt 6 Aagnst 3 SYDNEY All Ordinaries Index 1551.1 1588.0 -36.9 All Industrials Index 2348.7 2410.1 -61.4 1 All Resources Index 934.6 953.2 -18.6 Turnover (million) 89.98 109.1 -19.12 BAHCKOW SET Index 1009.04 1097.52 -88.48 Turnover (nearest "000) unav unav JAKARTA Composite Index 607.62 613.49 -5.87 Turnover (nearest
        421 words
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Page thumbnail Page 25
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Sang Kancil bearish about everything Japanese
      966 25  -  THE By David Gabriel Using technical methods, the Sang Kancil weekly report trades the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen futures. SANG
      Chart by TeleTrac  -  966 words
    • Article
      FINANCIAL FUTURES
      1510 25 SIMEX namua Open High Low Sett Est Vol Op/lnt Vol Sep 90 92.15 ***** 92M2 9117 4468 ***** 7642 Dec 90 92.23 92.28 92.22 92.27 ***** ***** ***** Mar 91 92.22 92.26 92.21 92.24 2100 6074 7282 Jun 91 92.05 92.08 92.03 92.06 305 1091 960 Sep 91
      1,510 words
    • Article
      Greenback closes mostly lower against other currencies
      472 25 FOREX MARKET REPORTS THE US dollar yesterday slid in skittish afternoon trading in Tokyo on liquidation of long positions to close mostly lower, except against the yen, and well off early highs, dealers said. Nervousness over developments in the Gulf and a persistently
      472 words
    • Article
      INTERBANK FOREX RATES
      381 25 Cross rates Aug6 USS SS M$ Dm Yen SFr AS NZS USS 1.8070 2.7000 1.5900 150.30 0.5376 1.3480 1.2723 1.6779 SS 0.5534 1.4942 0.8799 0.8318 0.2975 0.7460 0.7041 0.9285 MS 0.3704 66.93 0.5889 0.5567 0.1991 0.4993 0.4712 0.6214 Dm 0.6289 1.1365 1.6981 94.53 0.3381 0.8478 0.8002 1.0553
      381 words
    • Article
      MONEY MARKET
      560 25 Interbank rates SS Bid Offer Overnight 3 3 1/2 1-month 6 7/8 7 2-month 6 15/16 7 1/16 3-month 7 7 1/8 Overnight mode: 6 1/16 LSS Bid Offer 7 days 8 8 1/8 1 month 7 15/16 8 1/16 2 months 7 15/16 8 1/16 3 months
      560 words
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  • COMMODITIES
    • Article
      Lock icon Soaring petrol prices in US prompt probe call
      412 26 NYT OIL TANKERS take six weeks to travel from the export terminals of the Persian Gulf to the refineries of the Gulf of Mexico, but oil prices, as events last week have shown, make the trip at something near the speed of
      NYT  -  412 words
    • Article
      Lock icon M'sian firm plans to promote Lenggung tea at year-end
      326 26 Bernama IT IS NOT surprising that "Lenggung tea", a relatively unknown Perak brew, has yet to draw any "oomph" from tea-drinkers around the world as it is unheard of even among the people in Lenggung district where the tea is grown.
      Bernama  -  326 words
    • Article
      Heavy offerings drive tin price lower
      840 26 REPORTS THE Kuala Lumpur Tin Market closed lower, with the tin price easing another 18 sen to MS 16.10 per kg on big offerings and scattered buying interest. Dealers described the fall as "overdone" and not in line with overseas sentiment especially the London
      840 words
  • Article
    PRICES
    1299 26 Rubber au»6 !■>■>-) S cents/kg Noon Clot Int 1 RSSPrompt I53.7VI54.75N I53.00/I54.00N Int I RSS Sep 90 154.00*1 $4.SON 153.2V153.75N Int 1 RSS Oct 154.7V155.25 154.00/154.50N Int 2 RSS OP 151.25/153.25N 151 00/153 00N Int 3 RSS OP 146.75/148.75N I46 50/148 50N Int 4 RSS OP I42.7VI44.75N 142.50/144.50N Int
    1,299 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      255 26 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I CHAY KWOK KEE of No 90-A Ceylon Road, Singapore (1542), have applied for a Beer House, First Class licence in respect of premises at M/s SUNGEI WANG GOURMET at 433/435 Geylang Road, Singapore (1438), and that this application will be heard in
      255 words
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      Page 26 Advertisements Column 2
      17 26 Tha Strait* Timtt WEEKLY OVERSEAS EDITION Subscribe now. Call 740-1840/1. Also avaHaMa at Tlinaa Tha Bookahop outtata.
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      Page 26 Advertisements Column 3
      15 26 Read CharCpoint, a guide (o investing in the stoek market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 27
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1037 27 Cttjr Fig* ETA FlgM ETD AtePteM GA893 1045 GA892 0010 GA886 0010 GA974 2359 Ateteda SQ226 2035 Qf82 2200 Imilirini GA893 1045 KL837 1430 SQ24 2200 SQ23 1810 GA974 2359 QF6 1830 Atteas Qf 16 1830 SQ24 2200 0*471 2205 kmtUmi IE25 1800 TE26 1920 SQ388
      1,037 words
    • Article, Illustration
      Playing it cool in Malaysia
      677 27  -  POSTCARD FROM CAMERON HIGHLANDS By Martha Stevenson FOR the miners, rubber planters and colonial officers who made Malaya their main chance in the late 19th century, the sweltering lowlands must have seemed a trial, to be endured then just as now by repeatedly dousing the
      677 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4180 1.4380 Canadian dollar 1.5570 1.3770 NZ dollar 1.0680 1.0880 Sterling pound 3.3600 3.3900 US dollar 1.8020 1.8120 Local tfollan to 100 units of foreign currency Austrian schilling 13.80 16.80
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      70 27 Duration Title Venue Organiser Tej Duration Title Venue Organiser Tel Sep 7-17 International Switzerland Schweizer Muster 61/686.20.20 Sep 15-20 International Germany Munchener 89/***** Fair Mustermesse Tn F ,r for Mc Se ZSSL SSL** V42 sex*. Electronvcs Sep 19-24 International Italy COS MIT 2/*****61 Sep 15-18 International Paris
      70 words
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      Page 27 Advertisements Column 1
      46 27 w 4~~\ S* —~T~ ,1l nIM,K piTvui cwr\ lUI'MI.IV. 1 I I 1'• nr il.i\. Si:iirJ.i\ .iiitlviml.n. Icn h in^i W I A W I I Xirport hour- in J JL Intcr'Mtioiul \irpi'r( the tl i\. AI: k i <||I i; r." (i Am: Air Canada
      46 words
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      Page 27 Advertisements Column 2
      150 27 Executive Style STYLE The executives want it. It makes a statement. It sets them apart from the mainstream. It gives them that added edge in a world where impressions, like it or not, do last. You, as the purveyors of style, should know what we mean and we Invite you
      150 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      146 27 e eve 28 How the well-ofganised combine is run (14) patch department? (4,7) 11 Formal request for some- imAU DOWN hing to put on (II) YESTERDAY S SOLUTION 2 Notably neither sharp nor 14 icerss u its for on f n of flat (7) 'ice with minimal duties pl^uld H
      146 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      212 27 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Report Max temp 31.9"C Assoc humidity 68% Min temp. 27.0 Assoc humidity 93% Hri of sunshine 5.85 Rainfall in mm Nil Rainfall this mth 36.9 Rainy days this mth 3 World forecast Asia-Pacific Hi/IV Cond. Auckland 16/11
      212 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      30 27 r -r- Bur you've\ Siu_y PE SuP ujoold sou (vmnd v r~y signed »t_ .jV or iwe pen SIGNING the livne VJ. A.HARRIS..-V fVtWrt 3TAMOAAO CO LTD, tKl.ltN W», e«,
      30 words
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  • Article, Illustration
    Lock icon Benazir and govt dismissed
    303 28 Accusations of abuse of federal power, nepotism and corruption Agencies PAKISTANI President Ghulam Ishaq Khan dismissed Prime Minister Benazir Bhutto and her government yesterday and swore in opposition leader Ghulam Mustafa Jatoi as caretaker premier pending elections. Speaking at a hurriedly called news conference at his
    Agencies  -  303 words
  • Article, Illustration
    Joint ventures are complementary: Mah
    393 28  -  Indonesia, Singapore have unique mix of skills and resources By Yong Pow Ang JOINT VENTURES between Indonesian and Singapore businessmen have the blessings of both governments, said the Minister of State for Trade and Industry Mr Mah Bow Tan. Speaking at the IndonesiaSingapore Business Forum
    393 words
  • Article, Illustration
    Lock icon Chinese premier arrives in Jakarta
    223 28 AP CHINESE PREMIER Li Peng, the first Chinese Premier to visit Indonesia since 1965, arrived in Jakarta yesterday to normalise ties between the two countries and to discuss the Cambodian conflict. In an arrival statement, Mr Li said: "Thanks to the joint efforts of both
    AP  -  223 words
  • Article
    Indonesia to get third stock exchange
    132 28 INDONESIA will have its third stock exchange in Semarang, Central Java, following the active capital markets in Jakarta and Surabaya. Indonesian Junior Minister of Industry Mr Tungki Ariwibowo said yesterday that the Jakarta Stock Exchange has been "very busy" since September last year because
    132 words
  • Article
    US and Vietnam begin talks on Cambodia
    483 28 THE United States and Vietnam opened talks in New York yesterday aimed at speeding up a settlement of Cambodia's civil war. A three-member US delegation led by Deputy Assistant Secretary of State for East Asian and Pacific Affairs Kenneth Quinn sat down with
    483 words
  • Article, Illustration
    Call a spade a spade
    874 28  -  The Bottom Line CONRAD RAJ CONRAD RAJ The writer is a senior correspondent with BT IT'S GOOD to see the Stock exchange of Singapore acting quickly to bring into line companies which appear to be breaking its rules or straying from the desired path. No
    874 words
  • Article
    Lock icon Thai economic guidelines approved
    196 28 AP THE THAI cabinet yesterday approved guidelines for the 1992-96 economic plan, including a target of 9 per cent annual growth. The guidelines for the Seventh Economic and Social Development Plan were approved at a special Cabinet meeting chaired by Prime Minister Chatichai Choonhavan. The National
    AP  -  196 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      141 28 PiageT JQAILUER EN HORLOGERIEIXPUISIB74 GENEVE 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.
      141 words
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      Page 28 Advertisements Column 2
      110 28 RageT JQAILUER EN HORLOGERIE DEPUISIB74 GENEVE Ming hospitality. It stays with your clients. t llm S° me memorable things have a way of staying with your clients like the impeccable services we provide at our Executive Suite and rooms on the Taipan floor to the cool dip in our rooftop
      110 words
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  • Shipping Times
    • Article
      KCT to buy M$45m handling equipment
      403 29  -  By Othman Abu Bakar THE KELANG Container Terminal (KCT) will soon call for international tenders for handling equipment worth some Ms4s million, which will enable it to meet demand in the next five years. The new equipment two post-Panamax gantry cranes and eight straddle
      403 words
    • Article, Illustration
      Critical year for Tanjung Priok
      378 29 INDONESIA'S biggest seaport, Tanjung Priok, can no longer keep up with the rapid growth in export-import traffic by containers. State Port Company II president Sabirin Saiman told the local press that this year is critical for Tanjung Priok. "If we do not make concerted efforts
      378 words
    • Article
      Lock icon Need for caution in tanker market, says report
      226 29 AFP A CAUTION SIGNAL is up in both the world's tramper and tanker markets from the medium-term perspective until 1993, according to a Nippon Yusen KK (NYK Line) report. The company said last week it could not give a clear forecast of
      AFP  -  226 words
    • Article
      Jutha to buy six ships over the next two years
      453 29 JUTHA Maritime Co Ltd, one of Thailand's largest shipping lines, is to expand its ocean-going fleet over the next two years by purchasing six vessels from Europe. The line is commissioning more ships to take advantage of the growth in
      453 words
    • Article
      Lock icon Philippine Airlines' net income rises to 251m pesos
      158 29 Reuter STATE-OWNED Philippine Airlines (PAL) posted a net income of 250.8 million pesos in its first fiscal quarter ending June 30, mainly from robust growth in international revenues. The net income was higher than the 225.5 million pesos it reported in the
      Reuter  -  158 words
    • Article
      Some lines stop accepting Kuwait-bound cargo
      370 29  -  Iraqi invasion of Kuwait By Selva Kumar SOME SHIPPING lines with regular services to the Gulf have stopped accepting cargo bound for Kuwait. The United Arab Shipping Company (UASC), which is the national carrier of six Middle Eastern countries, among them Kuwait and Iraq,
      370 words
    • Article
      Lock icon Beijing draws up maritime traffic law
      197 29 AFP CHINA has put the finishing touches on its first law regulating maritime traffic, after more than 30 years of trying to promote its open-door policy, the China Daily said. The bill, which some observers view as the most important legislation since the People's
      AFP  -  197 words
    • NEWS SUMMARY
      • Article
        Reaching for the skies
        25 29 BERLIN airport has ambitions to become the airhub of central Europe, with Lufthansa poised to play a major role. Page 2
        25 words
      • Article
        Pakistani breaking industry crumbles
        44 29 GADANI BEACH crawled with tens of thousands of workers when Pakistan's shipbreaking industry was at its zenith in the early 1980s. Today, only a few men are still seen languishing around the ships' graveyard 80km west of Karachi Back Page
        44 words
      • Article
        Soviets losing control of grain harvest
        36 29 SOVIET authorities have lost control of operations to save a record Soviet grain crop threatened by shortages of transport, petrol and harvesters, the Communist Party newspaper Pravda said Back Page
        36 words
      • Article
        Pratt and Whitney sees need to cut staff
        40 29 UNITED Technologies Corp's Pratt and Whitney jet engine unit said the level of business that it foresees by the end of 1993 requires about 4,000 fewer positions in the US Back Page
        40 words
      • Article
        Mitsubishi to hold talks with Daimler
        32 29 JAPAN'S Mitsubishi group and West Germany's Daimler-Benz AG are to hold a meeting around Sep 19 in Tokyo, a spokesman for Mitsubishi Corp said Back Page
        32 words
    • LOG BOOK
      • Article
        Kawasaki Heavy to build aircraft parts plant
        78 30 KAWASAKI Heavy Industries Ltd will build an aircraft parts plant in an industrial area in Yatomicho, Nagoya, central Japan, to meet production demand for the 200-seater Boeing 8767 and future output of other airplanes and space-related products, a Kawasaki spokesman said. Kawasaki will
        78 words
      • Article
        Plans for airfield in northern Laos
        98 30 LAOS and neighbouring Chinese provinces have agreed to build a local airfield in northern Laos, the official Vietiane news agency said in a dispatch monitored in Bangkok. Work is expected to begin later this month on a 1,200metre runway capable of taking light aircraft
        98 words
      • Article
        PSA releases new nautical charts
        86 30 THE Port Of Singapore Authority has published new editions of two nautical charts on the Singapore Straits with extensive amendments to information on depths and coastlines. They are chart numbers 60 and 103 on the Keppel Harbour and the Eastern Approaches to Keppel Harbour respectively.
        86 words
      • Article
        Rotterdam admits Iraqi tankers
        64 30 ROTTERDAM, the largest port in the world, remained open to Iraqi oil tankers on Saturday and no measures had been taken to restrict Iraqi access, port authorities said. Port authority spokesman Rien Nagtegaal said that the Dutch government was postponing decisions relating to the Iraqi invasion
        64 words
      • Article
        Air Canada president quits
        73 30 PIERRE JEANNIOT, 57, has stepped down as president of Air Canada, the country's biggest airline, after 35 years with the company. He is reported to be taking early retirement. Mr Jeanniot, who came to Canada in 1946 from France, has been president for six years and
        73 words
      • Article
        Northwest imposes fuel surcharge
        101 30 NORTHWEST Airlines will add US$B each way to the price of domestic tickets purchased beginning from Aug 9 to offset rising jet fuel prices. The airline, a subsidiary of privately owned NWA Inc, said the surcharge is a direct result of jet fuel increases it has
        101 words
    • Article, Illustration
      Lock icon Berlin airport aims for the skies
      957 30  -  Berlin airport has ambitions to become the airhub of central Europe, with Lufthansa poised to play a major role. Leslie Colitt reports Leslie Colitt FT BERLIN International is still an austere Soviet Air Force base 40 km south-west of greater Berlin. But Lufthansa, the
      FT; Source: Financial Times  -  957 words
    • Article
      TRANSPORT DIARY
      794 30 July 10-Aug 14: Forklift Electrical System course organised by Singapore Port Institute (SPI). Details and applications form, please contact SPI at tel: *****25/*****26/*****30. July 17-Oct 30: International Freight Forwarding IL, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, Tel
      794 words
    • Article
      THE SHIPPING GUIDE
      12684 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,684 words
    • Article
      SHIPPING AGENTS
      3374 43 Xm.BC Container line NV: Belsin Shpg Agencies Pte Ud (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkria Business Corporation Philippine: Calsource Shpg Trdg Pte Ud (S) Ahreakiei Liner Service: Kim Shpg
      3,374 words
    • Article
      COURIER SERVICES
      231 43 Abacus Coarien Tel: 545-8011,448-6415. Air Express Service Td 533-5771. Fax: *****44 Airborne Freight Corporation Td: 542-8844. Fax: *****16, *****80. AJS Sappties Td 748-6322 (2 lines), 747-7421. Fax: *****75. Clty-Uak lateraatioaal Td: 344-3377. Fax: *****50. Oaeler Liak Sapplies A Services Td 296-5720. DHL lattrnaflnanl Td: 344-8911. Fax: *****61. DPE
      231 words
    • Article
      AIR FORWARDERS
      1460 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. Activair Bh—l 1 Td 542-7822 Fax: *****20. AeroUak KG Freight laterwrtioaal Td: 545-5992. Td 542-5911. Fax: *****18. Air Carge Novo Express Td 542-5454. Fax: *****06. Air Express lateraatioaal Td: 542-7666. Fax: *****74, *****50. Air Market
      1,460 words
    • Article
      PORT CONDITIONS
      2484 44 ARGENTINA Saa Lorenzo: Seven vessels operating of which 4 loading pelletized meal, 3 loading grain, peltetized meal, fuel oil; no vessels in roads. Row-to: Three vessels in port of which I loading sugar, 1 loading vegetable oil, 1 loading grain; 3 vessels in roads of which 2 awaiting
      2,484 words
    • Article
      SHIP SALES & TANKER RATES
      538 44 SHIP SALES TANKER RATES VESSELS SOLO FOR FURTHER TRADING: JAPANESE interests bought one of the cheapest ships marketed for some time, the 1980-built Panamax sized vessel Brisas I of 61,981 dwt for about US$lO million. A unnamed 69,000 dwt Panamax bulker was reported sold to Taiwan buyers for about U5526.5
      538 words
    • Article
      AIR FREIGHT SCHEDULE
      527 44 ARRIVALS DEPARTURES Op Flight Type ETA Froa Op Flight Type ETD Te TOOAY TODAY KAL KE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL617 B747F 0345 NRT ORD/LCK/ CLX CV7971 B747F 2115 LUX/DXB/KUL BOS SIA SQ802 B747F 0230 SYEVAKL
      527 words
    • Article
      CRUISE & FERRY SCHEDULES
      358 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Vawl ETA til) Port Agct Port! of Cdh AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-Frcmantie-Jakarta-Kobe 28 29 Andaman Princess 0800 1700 Andaman Cruise Cruise to nowhere 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to nowhere
      358 words
    • Article
      DAILY FREIGHTS
      963 45 CHARTERING on the dry cargo freight market was quiet with fixtures evenly spread in most sectors. The situation in the Middle East is expected to push freight rates higher as the rising cost of heavy fuel oil will begin to take effect soon, brokers said. The BFI shed
      963 words
    • Article
      AT CONVENTIONAL WHARVES
      554 45 *mi Birth Mat PggWt Vwd toy Wt Berth WW Departtt KmmI Whams Song 1/90 P«B 07 08/0600 1208/1200 Kota Bera* E«9A R32 alongside 07.08/0600 Seam* 16/90 P28 07.08/1100 08.08/2300 ftcM Samut 8/90N CIO alongside 07.08/1500 S«ng Kng 8A/90 P2C 0708/0700 07 M/2300 Shfcmo Para 26W8 K18 alongside
      554 words
    • Article
      CONTAINER SCHEDULE
      1214 45 RECEIVING OF EXPORT Fa COWTA1HERS MID LCI CARGO n 1 1 ffl.l inrt P M I|Record B0M|/VMK9 K9u 9# Voy No Period From To Fran P of DbcBal Spxt An Jade 7A 2 05/1700 06/0659 06/0900 4 06/1200 06/1459 06/1700 Ao Lotus 2B 1 05/1500 05/1659 05/1900 2
      1,214 words
    • Article
      IN MALAYSIAN PORTS
      302 45 Pit Klaf South Port on Aug 6: Alam Aman berth 3; Trans Bulk berth 4; Mefana C/M. I berth 7; New Line No. I berth 7A; Dwtsri berth J. BCT KCT: Thana Bhum berth 8; Bunga Angsana berth 9. North Port Sletta berth 11; Quang Bmh berth
      302 words
    • Article
      Lock icon Pakistani breaking yards crumble
      566 46 AFP GADANI BEACH crawled with tens of thousands of workers when Pakistan's shipbreaking industry was at its zenith in the early 1980s. Today, only a few men are still seen languishing around the ships' graveyard 80km west of Karachi. Pakistan's shipbreaking industry, rated second in the
      AFP  -  566 words
    • Article
      Lock icon Pratt and Whitney sees need to cut staff by 1993
      237 46 Reuter UNITED Technologies Corp's Pratt and Whitney jet engine unit said the level of business that it foresees by the end of 1993 requires about 4,000 fewer positions in the US. "The level of business we foresee by the end
      Reuter  -  237 words
    • Article
      Lock icon Mitsubishi and Daimler to meet
      152 46 Reuter JAPAN'S Mitsubishi group and West Germany's Daim-ler-Benz AG are to hold a meeting around Sep 19 in Tokyo, a spokesman for Mitsubishi Corp said. Daimler chairman Edzard Reuter and top officials of Mitsubishi group companies will attend the meeting to discuss 10 projects in
      Reuter  -  152 words
    • Article
      Lock icon Soviets losing control of record grain harvest
      190 46 Reuter SOVIET authorities have lost control of operations to save a record Soviet grain crop threatened by shortages of transport, petrol and harvesters, the Communist Party newspaper Pravda said. The newspaper said millions of hectares of grain may be lost from a crop
      Reuter  -  190 words
    • Article
      KSEW wins Belgian order
      112 46 PAKISTAN has begun building a dredger and five other coastal vessels for a Belgian firm engaged in construction of a fish harbour and miniport in Gawadar, near the Iranian border, officials said. The state-owned Karachi Shipyard and Engineering Works (KSEW) began building the cutter suction dredger
      112 words
    • Article
      Lock icon US cautions ships sailing to Gulf
      241 46 Iraqi invasion of Kuwait Reuter THE US military on Saturday urged American oil tankers and vessels to stay at least 19km off the coast of Kuwait while travelling through the Gulf. US Central Command spokesman Lieutenant Colonel John Olsen said he knew of only
      Reuter  -  241 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      279 29 SWK HENG NET/U. CO PIE LID 13 TUA3 AVE 14 SINGAPORE 22M TELEX RS 20«7i SMMCPL TEL: Ml M55(5Nn~» TELEFAX:MI »M UVItCBaH" TorqtM itcirotr MALAtSU Connrtor Thailand, nuowesiA owmi LPG fwurttm HwP Oa*mnm htnman and S*>«» n H -WM»«ou*Tru*A CrM' nwwfl PaM Truck® a»o buy. Mi. itMtt ft np> BRITISH
      279 words
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      Page 29 Advertisements Column 2
      47 29 fcr Forwarder* 15 to Fre** Schedule 16 Contaner Schedule 17 Counef Services 15 Cruse F«rry schedules 16 My 1/ Index to Advertisers 3 Port Condrtons 16 Stappnc Stappnc Gude 10.11 Shpsata/Tankar Rates 16 Stops« Port 17 Support Tides 1» Transport dory J Weather and Sea Condrtions 17
      47 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      150 30 Executive Style STYLE The executives want it. It makes a statement. It sets them apart from the mainstream. It gives them that added edge in a world where impressions, like it or not, do last. You, as the purveyors of style, should know what we mean and we invite you
      150 words
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      Page 30 Advertisements Column 2
      78 30 MR FASTFRN FREIGHT CONFERENCE SARAH, RRIIMFI AMD SARAWAK FREIGHT CONFERENCE Notice to Shippers Congestion Surcharge The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted port and have reported and agreed on the following:Skikda Congestion surcharge of 5 percent to be withdrawn with effect
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      2058 31 AGENCIES %«ll*# 200 Cantonment Road #12-05 Soutftpowt, Smgaport 0208 \IVIF/ t«i *****1 telex no rs ***** ■fllllf TIRMINAL/CFS Trt *****18 220 rCfifll BOOKINGS Ta« *****34 235 L vOOyf J PtSAKA jardine shipping agencies SON BHD. PORT KELANG TEL *****11 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL
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      Page 31 Advertisements Column 2
      1011 31 INDEX TOADVERTISERS A MISC 14 1-3 M'sia Shpg Corp 9 1/2 ABC Containerline 13 5 Mcnddsaohn 5 1/2 Accord Shpg 8 1-3 «MOL 18 4/5 Albatros Sea-Air 14 3 MOSK (Forest) 3 3 APC Line 14 4 Mutiara Samudra 18 1 APL 3 3-3 •Myanma 9 3 Arrow Lines 9
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      Page 31 Advertisements Column 3
      2186 31 Vassal Voy ETA I ETD 'Port 'Penang Kelang DESTINATIONS ThM MM M«m M 9006 Ctoamg T imm T njif by cn lit 0400 MRS M Farce a CFS 23M MRS M. Tauro OAK LOB HOU MEM ATI MIA CHS BAL PHL NYC MON TOM METTE M 9008 In Pt 8/8
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      1121 32 I I. II ROTTEROAM/ VOY NO SPORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE 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 OSAKA BAY 95/598 23/8
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      Page 32 Advertisements Column 2
      456 32 A j 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 90/9 3/10 Al*o acc«f>tinf Cargo to Callao (P»ru) via Valpa Agents: SINGAPORE:
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      Page 32 Advertisements Column 3
      1389 32 RJ amftiift &ems regular independent full container service WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA fen ROT) HAM) N-AL MANSOORAH 9023-3 11/08 01/09 03 W 06/09 08/09 1109 10/09 12/09 13/0) JAPAN SEA 024-W 17/08 07' OS 09/09 12/09 1409 17/01
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      1759 33 SjgSteamers Maritime Holdings Ltd EFf&o WUSTRAITS shipping! W&yContainers jgaia" I***1*** Voy No P KLanf S port S'ton M bur| l'h«Mn R'fca l»h ACCEPTS DUE SAILS HAMBURG EXPRESS 97/ 592 T BHUM-OM 03/O) 21/00 3040 27 (£2,0) CARGO BEKALDER 90/592 TBHUM-OM 12*0 29/09 01/09 (tUB BINTANG SERIA VI4E Bint. Miri. KB
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      Page 33 Advertisements Column 2
      1690 33 TO: EUROPE TO:FAR EAST y LM ROM HAM B HVN FIX SPORE HK MO KOB BU HANJIN OAKLAND OOMI 7/M 2S/I 2S/I 27/0 2*l Xl/S HANJIN HAMBURG 001 El/l 11/1 12/1 IS/I 11/1 CHOYANC SUCCESS 010W 11/1 *1 S/l 7/1 919 M HANJIN ROTTERDAM OOK 13/1 1M 17/1 20/1 23/1
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      Page 33 Advertisements Column 3
      23 33 S PORE LOAOMG FOR MORA 14/8/80 PHNOMPENH/KOMPONGSOM NMA 15/8/80 HOCHMMMH/VUNGT AU SELM SHIPPING A TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: *****46
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      Page 33 Advertisements Column 4
      435 33 DIHIIMIIMiJ jp: STRAITS/ JAPAN/ STRAUS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASIAN CHAMPION PIONEER STAR TRAOER VOY. NO 7 114 11 Sport 14/1 20/8 21/1 P. Kelang 16/8 22/8 24/8 Penang ~-.r Hong Kong Yokohama 7/9 11/9 T" T'Jg Nagoya 5/9 9/9 I Osaka 7/9 Senboku 3/9 Kashima
      435 words
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      Page 34 Advertisements Column 1
      546 34 I P.T. rrKMII uon (IT. IMNMBM MOOMStt P.T. TWKORA LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY SPORE R OAM/ H'BURG BREMEN ANTWERP ADAM KUTAI/2SWB 1*22/1 23/0 20/9 21/0 5/10 MATARAM/27W8 22 20/9 22/10 2S/10 29/10 2/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO to MuomnL Ate Mxapttio cvgo to CaHMmca,
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      Page 34 Advertisements Column 2
      1115 34 HANJIN SHIPPING I FULL CONTAINER SERVICE S port LtHjyrt R dan Hburj B'havan FitoM FEEDER VSL SIN UNE HAUL LAX OAK HANJIN OAKLAND 009W 7/S 2VS 2S/S 27/S 29/S 30VS HANJIN HAMBURG 001E 1/8 H. SEOUL UK 7/9 9/9 CHOYANC SUCCESS 01W 18,3 5/9 6/9 7/9 9/9 10/9 HANJIN ROTTERDAM
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      Page 34 Advertisements Column 3
      1017 34 It catrr Hir. ulf "f 5? 1,111 »"OUU CW I*l «TC LKV Ml« DM fU HBG SGP I 52L 1J2.7 .12 ,3! IS M H! 5* w w D 11* 24* 21* m *n» ya *o* v* vu I IS 55 27* n* 2* i« w w l/ij a* i«ii
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      1690 35 NEPTUNE AGENCIES PTE TEL *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA t e COftJ K.L.-(03) *****33, P.Kelang-(03) *****87, P«wng-(04)
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      Page 35 Advertisements Column 2
      1087 35 m SIN§OV 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 FOR WESTBOUND VCHtU VOTAg I yog |MAM*LA WoST" VOT»g SPOtt HOAN6 WUW RHAVPI THJURT WTT AWW p
      1,087 words
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      Page 36 Advertisements Column 1
      1242 36 MM MMM t t W 4\> W W "y AS AGENTS: KAWASAKI SINGAPORE (PTE) LTO (CR No: **********0 M) TEL: *****77 TELEX: KAWAKIRS23I6S FAX *****79 J M M MALAYSIA: HARPER WIRA SDN BHD TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. ikoo*S,« p. Y. «nna
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      Page 36 Advertisements Column 2
      131 36 Continaiital Pacific Shipping w* "J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR SHIBUMI SW SW NTS/ROMf ANT /FLU/UK ANTONIS P LEMOS SLD SETE/ROM/ANT/FLU/UK PIPITSA PETRAKIS 23/S SETE/RDM/ANT/FLU/UK GOOD STRAIT 2W 10*» NTS/RDH/ANT/FLU/UK Loads Sabah/lndontsi* MULTIPORT AGENCIES (S) PTE. LTD. TEL' *****77 PAX: *****31 P.K. MULTVORT SON
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      Page 36 Advertisements Column 3
      115 36 tS'pore P Ketang Loading for I YROUZ 1 15/8 19/8 Antw/Rdm/UK/Nantes I N CRYSTAL 30/8 3/9 Val/Antw/Rdm/UK/Nanta I I S port Loading for I I GLORY SKY 8/8 Dubai/Bahrain/Damman/Kuwait I I MARINE FLOWER 15/8 Dubai/Bahrain/Damman/Kuwait I IS'pore Loading for I OCEAN FRIEND Los Angeles/New Orleans/ I Charleston/Norfolk/Camden I I S'pore
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      Page 36 Advertisements Column 4
      1010 36 PHILI-ORIENT LINES PTE LTD %A (The Complete NVOCC Package) __W\ r member of SFFA VANCOUVER, S*WESTERN ONTARIO. 9 AUG DUBAI, DAMMAN, KUWAIT, DOHA, WINNIPFG MUSCAT, BAHRAIN, ABU DHABI, REG INA SASKATOON CALGARY. EDMONTON, KELOWNA, in Aiir KAMLOOPS, VERNON, PENTICTON 18 and all Inland bESTiNATiONS 10 AUG MADRAS, CHITTAGONG, CALCUTTA L
      1,010 words
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      Page 37 Advertisements Column 1
      1579 37 *****1 pacific international lines (pte) ltd M mMi PIL BuMding, 140 Cecil Street ttttOO, Singapore 0106. vny S.» JKT SIN VtSSCL VOY SIN BKK SIN ui tad amit S6SB M M MAI Mm MN M 11/1 1 S/l OCLJA MAS im 1M 14/8 1M PEGASUS PIONEER MN M 11M 1U
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      Page 37 Advertisements Column 2
      1049 37 f BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** WSmmSmSmSmmmmmmmSSßSSm VESSEL |VOY SPORE P.KLANG SHAMPTON| HAMBURG ffHAVEN ROAM L'HAVRE Hamburg Express 97/592 9/8 3/9 28/8 30/8 27/8 2/9 Benakler" 96/596 12/8 Via TBN 29/8 1/9 3/9 Kowtoon Bay 96/595
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      Page 37 Advertisements Column 3
      309 37 rTJT|TSIJj|I MYANMA FIVE STAR UNE (Myaiimar National Una) Loading for Yangon (Rangoon) S'por# P.IUUng P«n MYOMAYWA VI29H 1/12 MM HPA-AN VIS3W 13/15 AUG PATHEIN VIO4W 15/17 AIM PAGAN VICOM ZI/23 AUG MERGUI VIOIW mm AUG THE BANK UNI (A Mnrtc* o< Andrew Wotr Shipping) \VT SCMI-CONTAINER SERVICE Vi HEAVY LIFT
      309 words
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      671 40 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX MV ROM ANT I HK I RST PANAMA SEN WfOU InPl W SH Ift 3ft ift T. WENOA m 15# 7/5 1/5 lflfl Uft AMERICAN SEN WFB4 lift Uft lift lift Uft lift 0.
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      Page 40 Advertisements Column 2
      1237 40 TEL: *****88/*****22 MM CMHMMMIMi SBVKE Tfc p FAR EAST PORT KELANG 10/8 17/8 MANILA 11/8 18/8 PENANQ 10/8 17/8 BUSAN 12/8 A 19/8 BANGKOK 9/8 13/8 TOKYO 9/8 16/8 HONQ KONG 10/8 IS/8 YOKOHAMA 9/8 18/8 KAOHSIUNG 12/8 19/8 KOBE 9/8 16/8 KEELUNG 12/8 A 19/8 JAKARTA 12/8 A 19/8
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      Page 40 Advertisements Column 3
      251 40 LOADING FOR LOADING FOR BUENOS AIRES VCSKI SPORE CM DM (AIMS NVIOtO 110 m «IT PAOJA ■osmwi im 22* w iyt an br URU *miuiia an v» an on l/a «a- 1m Swmj 1 w> MOSTVCENI Mfll 22/11 2/12 IVU IRI2 M 2 V.TRA DISCHARGING fH BRAZIL ONLY SNMIIM. M
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      Page 40 Advertisements Column 4
      1234 40 Wh t 3fe Sf CHINA OCEAN SHIPPING COMPANY 2, MISTRI ROAO, KMC BUILDING TEL: *****0 FULL CONTAINER LINER SERVICE telex: RS mm COSHIP CR NO: ********** M FAX" 22(1101 General Agents: OOtTARSHIPPINGFTKIAD cable costarline VESSEL/VOY SO ax ROT HAM ANT aw VESSEL/VOT fLX ROT MAS ART OKK RRF kang hepr
      1,234 words
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      1028 41 RICHFIELD MARINE A6ENCIES (S) PTE LTO TEL: *****33 (12 Llnaa) M FAX: *****15/*****03 pi TELEX: R8 ***** RISHIP (3 Unaa) li~C\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA IIOAOtNQ FOR SPORE ABBAY WOHZ 29H8 22/04 DARES4ALAAM MOMBASA. DJIBOUTI" ASSAB. MASSAWA HOOEIDAH NETSANET
      1,028 words
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      Page 41 Advertisements Column 2
      739 41 MASKAPAI PELAYARAN LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPSRE, INDONESIA, MALAYSIA 4 THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. 1 WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 j wmPcML iHoomtu »iwvic«| VSL VOY SIN JKT PAJ SIN PUL BAHAGIA
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      Page 41 Advertisements Column 3
      621 41 BANGKOK CEBU/MANILA |w» mm mww i [wb "iwry ■AHA BHUM# 21H Til 80 S«n 120 AKA BHUM gS 180 IV§ M 0 MEKHANIK KURAKO M Frt M 0 Mw 110 SO ORIENT 33R 170 230 250 CHAJYA BHUM# BMI St 110 Tn» 140 AM BHUM 34S 240 380 10 SIRI
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      Page 41 Advertisements Column 4
      216 41 1WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: c. verolme 2S3H ETA 5/1/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN |y«l Hf» I Fl» |H m [Am [FoQtor Uv fpw C. VEBOUtt m *7 lip W vn
      216 words
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      1118 42 A RACHELS lINBAMBE famr tb; nma I ifWT tb: aiM«l PENANG TEL: (04) *****6 KK TEL: (068) *****0 TAWAU TEL: (069) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 |rK-/\"| J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL (087) *****9 V—l
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      Page 42 Advertisements Column 2
      505 42 BLUE STAR UME SINGAPORE TO NEW ZEALAND AND T/S HJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND, NAPIER, WELUNGTON, BLUFF, CHRISTCHURCH, DUNBDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AUCX ITT MAHSURI 0571 M Aug 21 A* VU NPL 14
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      Page 42 Advertisements Column 3
      1076 42 £m THONG SOON UNES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH turn 6 |et» Ikh rasa Iwr in \mxi KIM SOON U 31/906 11 AUG
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      2 44 EXECUTIVE LJOBiJ
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      66 44 S'PORE 4 USA CONSOLI START! \TT/ We provide punctual transit time fixed date weekly fcl to usa/ CAPTAIN CONSOLI Jj Europe/Far East the other i ip| T ports in the world as per /L_ Iri J your enquires. [S'PORE LAX ~Y MLB DOOR Wave Transport (Singapore) Pte. Ltd. 135 Cecil
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      88 44 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S port P. Gudang P. Ketang Loading For PU JIANG M ltVB HUANGPU HUAXIA 15* 17* HUANGPU/XINGAWQtNGOAO LISHUI -IS* 9* HUANGPU GUANGSHUI 11* m 1/* HUANCPU/XIAMEN/SHANGHAI DAD€ 22* HUANCPU JIANCHANG 2U HUANGPU/XINGANG^NGOAO DA DANG HA I 1M HAIMO/HUANGPU SCHINDON TRADE ft FREIGHT SERVICES 47
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      Page 44 Advertisements Column 4
      52 44 YESfthMK m OA OB PPTUUTHMI SEAMAN IS/90 IN PT 7* YANGOft (BURMA) TOMWSATU 3-9 C 10* 11* YANGON BURMA MAN HO 1 3/90 It* 1M YANGON (BURMA) FOONG SUN SHIPPING A TRADING (PTE) LTD #25-09 A International Plaza 10 Anson Road Singapore 0207 T«l: *****73. *****17 Fax: *****50 T«lmx: RS
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      443 45 TIDES AND WEATHER TODAYS TIDES (height in metres) HOUR *****100 0200 0900 (MOO 0500 OtOO 0700 MOO 0900 ******************** *****(00 17M*****9M 2000 *****200 23H JR 10 2.7 2.1 1.5 0.9 0.6 0.4 0.4 16 LI 1.7 2.2 2.4 2.4 2.2 1.7 12 0.9 OJ 19 15 1J 25 11 PP
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      437 46 CHARTPOINT Every Saturday in Business Times i PAKISTAN NATIONAL 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 7VYN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8 INDONESIA
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      682 46 ▲HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LSH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNOAI COMMANDER 19E 11/08 16/08 04/09 07/09 09/09 08/09 HYUNOAI CHALLENGER 34W 02/07 05/07 00/07 »/07 04/08 HYUNDAI PIONEER 34E 18/08 23/08
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      590 46 ALL SET MAHiNE IASHiHg CONTAINER LASHINQ EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 \fm*t tnm |V* PUCIPW. IIMH* Vrntf |*r I SIN I LAX I OAK IHOU lOAL ICW/ I N0» I«■ I NYC I COL KJII6A KOKJHIWC 7jjT~ 3* AUIfcATO« rtWTUNi V-3BU m 1H in <H IH
      590 words