The Business Times, 16 August 1990

Microfilm: NL17095
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday August 16 1990 75*
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  • NEWS SUMMARY
    • Article
      East German party suspends secretary general
      71 1 EAST GERMAN Prime Minister Lothar de Maziere's Christian Democratic Union (CDU) suspended its secretary general yesterday after a West German weekly said he had worked as a secret police informer under the ousted communist regime. In a statement signed by CDU deputy chairman Horst
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    • Article
      Glaxo to build facility
      25 1 UK-BASED pharmaceuticals giant Glaxo will be building a $24m technical centre in Singapore, its first process faciality outside Britain Page 2
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    • Article
      Competitive edge
      26 1 SINGAPORE has maintained its competitive edge as one of the biggest importers of Malaysian processed palm oil for reexport to third countries Page 2
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    • Article
      Lukewarm response
      26 1 BANKERS and analysts have given a cool reception to a Chinese proposal to build an estimated USs3.3b railroad between Beijing and Hongkong. Page 7
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    • Article
      Gatt talks undermined
      23 1 UNCOMPROMISING stands by major powers arc undermining the Uruguay Round of the General Agreement on Tariffs and Trade Page 10
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    • Article
      US immigration policy
      36 1 IN A STEP long favoured by free-market economists, the US Congress is moving to admit more skilled immigrants scientists, engineers, medical technicians to compensate for expected labour shortages in the 1990s Page 10
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    • Article
      From Jazz to acting
      31 1 ANNIE Ross began her career at age three by wandering on a stage and pretending to be lost. The jazz singer's found her niche now Page 19
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    • Article
      Swissair raises fare
      37 1 SWISSAIR, in announcing a spc air fare hike from September, is the first among tho European airlines to raise air fares while regional carriers are still adopting a cautious attitude. Shipping Tunes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      41 1 US BLUE chip stocks moved broadly higher in early trading yesterday amid signs that the Gulf crisis may be easing The Dow Jones average of 30 industrial stocks rose 14.61 to 2,762.38 in the first hour of trading
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    • Article
      Footsie higher
      42 1 SHARE PRICES on London's Stock Exchange were higher at midday yesterday. At 1117 GMT, the FT-SE 100-share index was up 4.1 points at 2.238.1, just below the intraday's high of 2,238.9, and near 1 the day's lowest level of 2.231.2.
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    • Article
      The right numbers
      37 1 THE SES rejection of Causeway Investment Ltd's proposed rights issue serves to remind listed companies that, when raising money from the public, they must be able to justify it beyond reasonable doubt Page 3
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    • Article
      OUB profit boosted
      39 1 THANKS to higher interest margins and a much larger loan portfolio, Overseas Union Bank has achieved a 20 per cent rise in its group post-tax profit for the six months ended June 30, 1990 Page 3
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    • Article
      Modest results
      32 1 SING Investments Finance raised its group bottom line by 7pc to $2.48 m for the interim period to end-June from $2.32 m in the previous corresponding six months. Page 3
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    • Article
      Lending drops
      24 1 WESTERN banks 1 lending to Third World nations dropped in the first quarter at an unprecedented pace, said a survey Page 6
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    • Article
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 696.98 +15.58 Kuala Lumpur ....568.72 +14.% Hongkong 3,178.27 +110.74 Tokyo 28,112.12 +1,439.59 Sydney 1,562.3 -2.7 Tuesday Change New York 2,747.77 +0.99 London 2,234.0 +14.50
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    • Article
      CURRENCIES
      21 1 Ertap rates US$ S$ 1.7970 Yen SS1.2150 MS SS0.6676 Money Mffcit rates Overnight 7 1/2 unch 3-montn 6 IS/16% +5/16
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    • Article
      COMMODITIES
      37 1 Loidm Gold PM fix US$398.40 -US$13.10 Rubber S'pore Sep.... !56.50«/kg -0.75 WsiaSep M 234.00 Vkg 1.00 KL Tin Turnover 65 tonnes +18 Spot M$l5.95/kg -0.04 Cradt palm oil Turnover. 1,041 lots +536 Sept M$675 /tonne -5
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  • Article, Illustration
    Lock icon Asian markets rebound, US$ hits record lows
    433 1 Nikkei up 1,440; ST index 35; Hang Seng 110;# US$ at all-time lows against DM, Ss; Gold slips oelow US$4OO Reuter AFP AP PRICES soared on Asian stock exchanges yesterday while the value of the US dollar shrank and gold faded, amid hopes
    Reuter; AFP; AP  -  433 words
  • Article
    Lock icon Iraq agrees to Iranian conditions for peace pact
    461 1 Agencies IRAQ made peace with its bitter foe Iran yesterday, freeing Baghdad's million-strong army to concentrate on the Gulf crisis. In a dramatic offer immediately welcomed by Teheran, President Saddam Hussein said he agreed to all Iranian conditions for a Gulf War
    Agencies  -  461 words
  • Article
    SBS may consider raising fares
    265 1  -  Move would follow further rise in fuel prices By Lilian Ang SINGAPORE Bus Service, which has not raised its fares in nine years, yesterday said it would have to seriously consider an increase should the Gulf crisis continue to push up oil prices. The bus
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  • Article
    Abacus poised for international thrust
    199 1 ABACUS, the Singaporebased computerised reservation system (CRS) owned by several airlines, is ready to flex its muscles in the international arena. At the last count, 90 airlines are participating in Abacus, including 30 which provide, or have agreed to provide "last-seat availability status" for the
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  • Article
    Taiwan in two minds
    102 1 TAIWAN is at the crossroads. In spite of its economic clout, it is fighting a rearguard action to maintain its political status. The latest blow was dealt by the Saudis who decided to break with Taipei to establish ties with China. The island is showing signs
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  • Article, Illustration
    Boncafe prepares for regional expansion
    435 1  -  Genevieve Cua HOMEGROWN coffee manufacturer Boncafe International is laying the groundwork for a regional expansion that will see coffee toasting and grounding factories springing up in Thailand and Malaysia within the next few months. Asia's rising prosperity is also prompting group chairman WE Huber to
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      282 1 r TcT~Y) Cassette Receiver K1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. tli|ipiw: Phone; *****33 Kaata lanpar: Phone. *****33 Phone. 615 985/619 014 Jakarta: Phone. 374 085/*****72 MAINLAND FEVER HITS TAIWAN 13 CHIAT/DAY: GOLDEN TOUCH FADING? 14 Mvertnmg Marketing 14 Money danger Rates 29 Worid News 9,10 Awraft Schedule 29
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    • Advertisement
      Page 1 Advertisements Column 2
      32 1 King Hussein faces tough questions in US, Pg 9 Sanctions take long time to bite, Pg 9 Airlines wait and see Supertankers lose out, Shipping Times Pgs 1, 2 Analysis Pg 13
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    • Advertisement
      Page 1 Advertisements Column 3
      121 1 Rodenstock Quality before your eyes 01 BRUNO MAGLI »\<2r A J E9^^BSE^^Kg|u r iflla i f i^H m IXf <^fl VHSKJn V mJH h >mmStm mSF I >' *J^ tHsW I I wftflf -t®/ HI P L i I 'Jm cffcaw-W 5^E "f* 3w V v Sole Agent: Ma Hex
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Ministry guidelines on part-time employment
        89 2 THE LABOUR MINISTRY yesterday released guidelines on part-time employment which, among other things, stipulate that a written contract of service mutually agreed on between the employer and the part-time employee be drawn up. The guidelines generally afford employees benefits on a pro-rated basis while providing
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      • Article
        Management-union relations
        101 2 THE IMPORTANCE of management-union relations was underscored by Singapore Telecom chairman Koh Boon Hwee in his address at the statutory board's National Day Observance ceremony yesterday. According to Mr Koh, industrial peace is one reason for Singapore becoming what it is today. He also said that the immediate
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      • Article
        PSA Cash Card out soon
        100 2 THE PORT of Singapore Authority will introduce the PSA Cash card next Wednesday to enable cash customers to use the Freight Auto Service Terminal (FAST) service to process their shipments and pay their wharf handling charges. The cards are available in denominations of $50, $100,
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      • Article
        New ATC appointment
        81 2 THE AUSTRALIAN Tourist Commission has appointed Paul Taylor as its senior market consultant. Mr Taylor replaces lan McDougal who has returned to the commission's head office in Sydney after a five-year stint here. The new senior market consultant comes to Singapore with seven years of experience in
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      • Article
        NZ team to visit S'pore
        60 2 A NEW ZEALAND delegation comprising officials from 10 educational institutions will visit Singapore for the first time on August 28 for a two-day education fair. They will meet students interested in joining New Zealand educational institutions for the 1991 academic year. The fair is organised
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      • Article
        On insurance management
        41 2 THE LIFE Office Management Association will hold its first conference in the Pacific Rim next month on "Strategic Issues Facing Insurance Management". The conference, targeted at senior executives, will be held from September 23-25 at the Oriental Hotel.
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    • Article, Illustration
      Glaxo to build $24m technical centre here
      287 2  -  By Genevieve Cua UK-BASED pharmaceuticals giant Glaxo has chosen Singapore as the site of its first process development facility outside Britain with the building of a $24 million technical centre. The centre will be adjacent to Glaxochem, the company's production facility in Jurong.
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    • Article
      Why Mendaki backs fees proposal
      433 2  -  By Yong Pow Ang MENDAKI has given its support to Mr Goh Chok Tong's tertiary fees proposal because it wants Malays to be treated as equals not only in education, but also in employment and business, says Environment Minister and Minister-in-charge of Muslims Affairs Dr
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    • Article
      S'pore maintaining competitive edge as PPO re-exporter
      322 2  -  By David Chew THE ABILITY to tap fully the advantages of the countertrade system has enabled Singapore to remain one of the biggest importers of Malaysian processed palm oil (PPO) for re-export to third countries, according to Malaysian palm oil analysts. They said
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    • Article
      Muslim food exhibition draws over 100 exhibitors
      186 2 MORE THAN 100 exhibitors from 18 countries are taking part in Singapore's first International Muslim Food and Technology Exhibition (Imfex 90), which opened yesterday. The Minister of State for Trade and Industry, Mr Mah Bow Tan, congratulated the Singapore Malay Chamber of Commerce
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      117 2 Canon 4 Small, smart and means big business at only $71*. ti it V^v-.;^nln^:'i >£ ■a ■j^H Bfl J| compact, affordable FAX with all the technology the The Canon performer diffeHandle messages in memory, even when you run of paper Transmit an A 4 size document in only 12 seconds
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      New strategies help boost OUB interim profit by 20.3 pc
      569 3  -  By Magdalene Ng HIGHER interest margins and a much larger loan portfolio have helped to boost the group post-tax profit of Overseas Union Bank (OUB) to $46.4 million for the six months ended June 30, 1990, or 20.3 per cent
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    • Article
      OUE turns in spectacular performance
      467 3 Half-year after-tax group profit up 97 per cent RIDING ON the boom in the tourist, hotel and property sectors during the first half of this year, Overseas Union Enterprise has registered a spectacular 97 per cent rise in after-tax group profit to $8.1 million at
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    • Article
      Haw Par Brothers' after-tax profits up
      470 3  -  By Yong Row Ang HAW PAR Brothers International Ltd turned in a 17 per cent increase in after-tax profits to $14.2 million for the first six months of this year, thanks laqgely to a doubling in contributions from its associated companies. But the group
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    • Article
      SMP offer oversubscribed by 3.5 times: sources
      198 3  -  By Abdul Hadhi AS A RESULT of poor market sentiment, the public offer of Sesdaq aspirant Superior Metal Printing (SMP) is believed to have been only slightly oversubscribed. Sources told BT that the public offer of 12 million shares at 65 cents each,
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    • Article
      Getting the numbers right
      509 3  -  THE HOCK LOCK SIEW COLUMN By Conrad Raj THE RECENT REJECTION by the Stock Exchange of Singapore of Causeway Investment Ltd's proposed three-for-two rights issue was the second setback in recent months for the Innovest group, which also includes Inno-Pacific Holdings. On Tuesday, Causeway Investment Investment
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    • Article
      Lock icon LTAT succeeds in takeover bid for Boustead Holdings
      270 3 Bernama LEMBAGA TABUNG Angkatan Tentera (LTAT) has succeeded in its takeover bid for Boustead Holdings Bhd, with its total holdings in Boustead topping the SO per cent mark just before its extended offer closed yesterday. LTAT had extended the deadline for the
      Bernama  -  270 words
    • COMPANY BRIEFS
      • Article
        Petronas chairman appointed to head CIC
        62 3 PETRONAS CHAIRMAN Tan Sri Haji Basir Ismail has been appointed chairman of the Capital Issues Committee, a Malaysian Ministry of Finance statement said yesterday. His appointment follows the resignation of Datuk Wan Abu Bakar bin Wan Mohamed, who is also Deputy Finance Minister with
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      • Article
        P Glass sees M$ 4.83m profit
        113 3 POLY GLASS FIBRE Sdn Bhd, which is seeking a listing on the second board of the Kuala Lumpur Stock Exchange, is projecting a pre-tax profit of M 54.83 million for the next financial year, managing director Lim Chuin Wei said in Butterworth on Tuesday.
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      • Article
        Timah Langat suffers loss
        73 3 TIMAH LANGAT BHD said yesterday its group operating pre-tax loss for the first six months of this year is M 5657,000 against an interim pretax profit of MS 13.053 million a year before. Clarifying a news report that its interim pre-tax loss this year was M
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      • Article
        Killinghall expects to hit target
        67 3 KILLINGHALL (M) BHD expects to attain its profit forecast of MslB million for this year in spite of the current bearish performance of the tin industry. Its chairman, Dr Salim Cassim, said in Kuala Lumpur yesterday that "mining operations will not be a major contributor
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    • Article
      Modest profit growth for Sing Investments
      194 3  -  By Conrad Raj THINGS are getting tougher in the finance world with keen competition squeezing profit margins, especially at the smaller finance houses. So it should come as no surprise that Sing Investments A Finance could only raise its group bottom line by 7
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      128 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. Model shown 6596-1418-58 .1?. BlancpaiN Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all, only four ladies' watches and six men's
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Tomson unit to buy 50pc of biscuit factory
        92 4 HONGKONG-LISTED property investment and securities trading company Tomson Pacific Ltd has agreed to buy 50 per cent of Far East Biscuit Factory (HK) Ltd from Far East Consortium China Ltd (FECQ, a subsidiary of Far East Consortium International Ltd. Tomson unit Kalesbridge
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      • Article
        Marubeni wins Ugandan order
        79 4 JAPANESE TRADING house Marubeni Corp said it has won a 4.5 billion yen order to install a new telephone network in Uganda in cooperation with Furukawa Electric Co Ltd and Fujitsu Ltd. The Japanese companies will replace more than 30,000 telephone circuits and set up a
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      • Article
        Fewer bankrupt firms in Japan
        91 4 THE NUMBER of firms declaring bankruptcy in Japan dropped 12.5 per cent from a year earlier to 483 in July for the 67th consecutive year-on-year decline, a private credit research institute said. Their liabilities totalled 86.715 billion yen, down 59.1 per cent. Each bankrupt firm
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      • Article
        Adsteam to take over Pioneer
        77 4 THE ADELAIDE Steamship Co Ltd said it will compulsorily acquire the outstanding shares in Pioneer Property Group Ltd. It said it now holds 97.6 per cent of Pioneer, a home builder and developer. Adsteam's offer of 35 cents a share launched on June 6 valued
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      • Article
        Fletcher may open Brazil office
        100 4 DIVERSIFIED NEW Zealand forestry group Fletcher Challenge Ltd said it is looking to open an office in Brazil but it does not presage a major move. "We are looking to establish an office in Brazil, but it's not firm," spokesman Barry Akers said. He said
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      • Article
        Westfield expects higher profit
        86 4 WESTFIELD HOLDINGS Ltd expects an increase in profit in the current year to June 1991 barring any adverse economic changes. Westfield, Australia's largest developer of shopping centres, earlier announced a 25.9 per cent rise in net profit to A 524.10 million in the year to June
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    • Article
      Lock icon Bell Resources, Lion jointly buy Bond breweries
      352 4 Reuter NEW ZEALAND brewer Lion Nathan Ltd said it had concluded an AS 1.44 billion deal to jointly buy with Bell Resources Ltd the Australian brewing business of Bond Corp Holdings Ltd. "The value of the total Australian assets agreed for the purposes
      Reuter  -  352 words
    • Article
      Dusit Thani group gearing up to expand property base
      350 4 THE Dusit Thani group plans to represent Thailand's hotel industry around the world by adding more properties to its network. According to the Bangkok Post, on Tuesday, the group will invest a substantial amount of money to finish a computerisation system
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    • Article
      Lock icon Esso sells Aussie activities to Mobil
      282 4 AP ESSO Australia has decided to withdraw from all petrol refining and retailing in Australia by selling out to one of its major competitors, Mobil Oil Australia Ltd. The deal, which analysts value at A$SOO million (US$4OO million), involves Esso's 35 per cent stake
      AP  -  282 words
    • Article
      Lock icon Tokyo firms begin cautious entry into Vietnam
      577 4 Reuter AS VIETNAM'S relations with the West improve, Japanese companies are making a cautious return as traders and investors to a country they have shunned for IS years. Vietnam has been left virtually untouched by the flood of Japanese investment pouring into South-east
      Reuter  -  577 words
    • Article, Illustration
      Lock icon Japanese banks may face capital requirement problems
      529 4 Asahi THE STEEP plunge of the Tokyo stock market since early this year is casting a pall over efforts by Japanese banks to increase their capital to comply with international standards. Two years ago the Bank of International Settlement (BIS) agreed on standards
      Asahi  -  529 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      227 4 H This announcement appears as a matter of record only. H I GENERAL MAGNETICS LIMITED I (Incorporated in the Republic of Singapore) H I Invitation in respect of I I 27,500,000 Shares of $0.20 each, I I comprising 25,000,000 New Shares I I and 2,500,000 Vendor Shares, I I at
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      Page 4 Advertisements Column 2
      141 4 fry ROPES AND FROM INDIA Iff/ Manufactured under Technical Collaboration f|| from \¥l Af/High Density Poly Ethylene Monofilament Ropes WV and Poly Propylene Dartine and jffl] VHI Monofilament Ropes ml Ml 1.5 mm to 30 mm 3 Strand T or 'S' Twrst In different colours, jll \m\ I /y\ Conuci
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Hanson achieves 27pc rise in profit to £939 m
      305 5 AFP BRITISH conglomerate Hanson said on Tuesday that its taxable profit rose 27 per cent in the nine months to June to £939 million (US$l.77 billion) from £742 million. The result was in line with market forecasts of profit of around
      AFP  -  305 words
    • Article
      Lock icon ICI sells stake in Enterprise
      261 5 Reuter IMPERIAL Chemical Industries pic has sold its entire 24.9 per cent stake in independent oil company Enterprise Oil pic to Warburg Securities, with Cazenove Co, for £679.6 million. The two brokers were placing the stake at 607p a share, UK share dealers said yesterday.
      Reuter  -  261 words
    • Article
      Lock icon Rough diamond market has lost some sparkle
      277 5 Reuter SOUTH Africa's De Beers Consolidated Mines Ltd, the world's biggest diamond producer, says the world market for rough stones has turned quieter since the first quarter of 1990. "The market for rough diamonds is quieter in comparison with the firm conditions which
      Reuter  -  277 words
    • Article
      Lock icon More wins at Taj mean less for Plaza, Castle
      215 5 Reuter DONALD Trump's Taj Mahal topped all of Atlantic City's casino in revenues in July, but the US$4O million taken at the Taj came much at the expense of his other two casinos. The New Jersey Casino Control Commission said on
      Reuter  -  215 words
    • Article
      Lock icon Chrysler in talks with three foreign makers
      254 5 AP CHRYSLER Corp chairman Lee lacocca has confirmed that the struggling carmaker had talked with three major European companies but added that he did not expect the discussions to result in a full merger. Speculation in Europe and the US snggrstcd that Italy's
      AP  -  254 words
    • COMPANY BRIEFS
      • Article
        No need to refer Asprey bid to commission
        97 5 ASPREY PLCs £75 million agreed bid for Mappin and Webb Holdings Ltd, a Sears ptc subsidiary, will not be referred to the Monopolies and Mergers Commission, the Department of Trade and Industry said Luxury jeweller Asprey said in July it would pay
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      • Article
        ConAgra completes acquisition
        73 5 CONAGRA INC said it completed the acquisition of Beatrice Co from Kohlberg Kravis Roberts A Co partnerships and management investors for a combination of cash and stock valued at US$l.34 billion. The acquisition will be non-dilutive to ConAgra's earnings per share for its 1991 fiscal year, which
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      • Article
        IBM mainframes upgradeable
        54 5 INTERNATIONAL BUSINESS Machines Corp said its current family of top-end 3090 Model J mainframes will be upgradeable to its next mainframe computer feneration which is expected to be unveiled in autumn. "The J family itself will have upgrade paths for customers to grow into the next generation,"
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      • Article
        Compagnie du Midi buys stake
        57 5 HOLDING GROUP Compagnie du Midi bought the 10.3 per cent stake in department store Gaieties Lafayette that Brierley Investments Ltd sold last Friday. The purchase was made through the bourse at the prevailing market price of 2,010 French francs per share, giving a total outlay
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      • Article
        Why Polygram profits fell
        76 5 RECORD COMPANY Polygram NV blamed its 20.3 per cent fall in first-half net profits mainly on lower investment income. The 80-per cent owned subsidiary of NV Philipfc Gloeilampenfabrieken said its investment income had slumped to eight million guilders from 46 million because the company had paid
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      • Article
        Impala expects higher earnings
        74 5 SOUTH AFRICA'S Impala Platinum Holdings Ltd said attributable earnings for the year ending June 30, 1991 should exceed those of the past year if the rand exchange rate and prices for platinum and its major by-products remained at around current levels. The company report&a fall in
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      149 5 ;r? a THE IKIMIER. AISO AVAILABLE IN A RARE SHADE OF GUWMEIAL f Objects which are highly prized are most often exacting standard of engineering we stipulate for Neither is our concern for the furnishing Ws Leather is also lavishly applied. tadMdually I noted for their scarcity. the whisper-quiet 4
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  • FINANCIAL NEWS
    • Article
      Lock icon Western bank loans to Third World tumble
      369 6 AP LENDING by commercial banks of Western industrial countries to Third World nadeclined in the first 'quarter at an unprecedented 'pace. In a survey released yes_rV terday, the Basel-based Bank Jlll( for International Settlements said the claims on these countries contracted by US$23
      AP  -  369 words
    • Article
      Lock icon Non-financials make inroads into swap market
      294 6 Reuter INTEREST RATE and currency swaps boomed last year, with non-financial companies accounting for a growing share of the swap market, the Bank for International Settlements (BIS) said. Using figures supplied by the International Swap Dealers Association (Isda), the BIS said the notional principal
      Reuter  -  294 words
    • Article
      AIA launches serious illness insurance deal
      307 6  -  By Abdul Hadhi IN AN apparent move to take advantage of the public awareness created by the Central Provident Fund Board's Medishield Scheme, the American International Assurance (AIA) said it intends to launch a serious illness insurance package for corporate clients next month. AlA's
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    • SMALL CHANGE
      • Article
        Sanwa unit to be listed on Jakarta exchange
        137 6 SANWA Bank Ltd said it will list its 23 per cent-owned securities venture PT Inter-Pacific Financial Corp on the Jakarta Stock Exchange on August 23. Inter-Pacific, set up in 1973, is capitalised at 20 billion rupiah and is owned S3 per cent
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      • Article
        Mitsubishi upgrades Taipei unit
        81 6 TAIWAN has approved an application by US-based Bank of California to upgrade its representative office into a branch, the Finance Ministry said. A ministry official said in a telephone interview the application was approved on Tuesday. Bank of California is a wholly-owned subsidiary of Japan's Mitsubishi
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      • Article
        Stanchart lowers Taiwan prime
        82 6 STANDARD Chartered Bank said it lowered its Taiwan prime rate to 14 per cent from 14.75 from yesterday. The bank said it lowered the rate because money market conditions were stable. It also lowered its one month deposit rate to 9.S per cent from 10 per
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      • Article
        First Chicago forms new section
        62 6 FIRST Chicago Corp said it has set up a new department that will offer advisory services and provide equity investments for the restructuring of financially distressed companies. First Chicago said its Restructuring Advisory Group will seek transactions that require investments of at least US$lO million.
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      • Article
        Advisers for Argentina
        41 6 CS HOLDING'S First Boston Corp affiliate said it and Banco General de Negocios have been appointed by Argentina's Ministry of Defence to serve as financial advisers on the privatisation of 20 companies now under supervision of the ministry.
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      753 6 Ip OVERSEAS UNION BANK LIMITED I (Incorporated in the Republic of Singapore) 11 ANNOUNCEMENT I The Board of Director* of Overseas Union Bank Limited is pleased to announce: 11 The Bank The Group II Six Months She Months Six Months Six Months 11 to 30-6-90 to3o-0-09 to3o-0-90 to 304-99 II
      753 words
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      Page 6 Advertisements Column 2
      399 6 OVERSEAS UNION TRUST LIMITED (Incorporated in tie nopuNic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Trust Limited is pleased to announce: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1990 Star Months Six Montfw Immmmt to ***** to 30-9-99 (Decrease) sruA woQ6 Total Operating Revenue 1M99
      399 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      39 6 JM! slid II 11' "You have reached the car phone of BH Bazner. rm not on the road right now, but if you leave your name and number II cal you as soon as I'm back behind the wheel"
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  • THE REGION
    • Article
      Lock icon Cool response to China's rail proposal
      578 7 Bankers reluctant to help fund USs3b Beijing-HK railroad project IHT BANKERS and analysts have given a cool reception to a Chinese proposal to build an estimated US$3.3 billion railroad between Beijing and Hongkong, underlining the reluctance among lenders to help fund all but relatively
      IHT  -  578 words
    • Article, Illustration
      Lock icon New liberal industrial policy favours foreign ownership
      533 7 Focus on India's industrial and agricultural sectors IHT INDIA'S investment climate is now more clement than it has been for decades. As economic policy shifts to favour exports, the Indian government is seeking to link foreign businesses with Indian entrepreneurs in an effort
      IHT  -  533 words
    • Article
      Lock icon More than self-sufficient in feeding itself
      462 7 IHT THE 1990s will constitute a watershed for Indian agriculture, a sector of the economy which has already achieved remarkable success, according to SK Misra, secretary for the Ministry of Agriculture. In a nation where farmers have long been regarded as the backbone of
      IHT  -  462 words
    • Article
      Singapore's investments in Philippines plunge
      318 7  -  By Al O Labita Jr in MANILA SINGAPORE'S investments in the Philippines slumped in the first half of this year, according to Manila's Board of Investments (BOI). But Singapore's ambassador, Edward Lee, says he is bullish that the two Asean neighbours will forge stronger economies
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    • NOTE BOOK
      • Article
        Asean airlines seek EC assurance on air policy
        89 7 AIRLINES OF ASEAN want a European Community assurance that the formation of a single aviation market in 1993 will not lead to restrictive practices against non-EC carriers. A meeting with officials of the Competition and Transport Directorates of the European Community is
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      • Article
        Cambodia devalues riel
        85 7 CAMBODIA, struggling to rebuild its economy amid war and international isolation, has devalued its currency to 460 riel to the dollar from 360 as fixed in May, the official SPK News Agency said. No reason was given for the order, issued in a recent communique by the
        85 words
      • Article
        Bombs explode in Manila
        67 7 BOMBS EXPLODED outside two buildings of the trade department and a major construction firm in Manila, shattering windows but not injuring anyone, police said yesterday. Police also defused 31 sticks of dynamite that two motorcycle-riding men threw at a rice warehouse owned by a controversial Chinese
        67 words
      • Article
        China doubles farm investment
        94 7 CHINA HAS PUT US$ 1 billion into agriculture this year in an effort to reverse sagging farm production, but it does not expect to see immediate returns, the China Daily reported yesterday. The investment, more than twice last year's, went into projects to improve irrigation, check
        94 words
      • Article
        Caygill wants bigger debt cut
        85 7 FINANCE MINISTER David Caygill said he favours cutting New Zealand's public debt below the government's target of 50 per cent of gross domestic product. State-owned Enterprises Minister Richard Prebble first raised the idea before last month's budget, saying the target should be 40 per cent.
        85 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      179 7 Our strong base in the home network of 3,000 local "Volksbanken" Our presence in the Far East: Hong market facilitates your worldwide and "Raiffeisenbanken", Europe's Kong, Singapore, Tokyo, Kuala Lumpur, operations. What distinguishes us most extensive branch network. Head Office: DG BANK, Am Platz from other banks is that we
      179 words
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      Page 8 Advertisements Column 1
      1307 8 day. liven so. Mr. Franzetti is optimistic. Emerging Markets Fynd. These portfolios, "Mounting pressure from international organi- which often trade at small premiums to net aset HlOfC CXOtIC Ot)ti^« nations like the World Bank will ultimatiely value, have a wide range of investments 1 result in open and fast growing
      1,307 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon King Hussein faces tough questions in US
      510 9 Impact of Iraq's invasion of Kuwait AP THE BREWING showdown with Jordan's King Hussein over a suspected breach in the US-organised economic boycott of Iraq defies nearly four decades of American friendship with the Arab monarch. But it is also the culmination of
      AP  -  510 words
    • Article
      Lock icon Bahrain's offshore banking takes a knock
      319 9 Reuter THE Iraqi invasion of Kuwait has seriously undermined confidence in Bahrain's offshore banking market just when its fortunes were improving, senior bankers in the region say. Panic withdrawals from the offshore market last week, before US military forces threw a defence umbrella over
      Reuter  -  319 words
    • Article
      Lock icon Crisis reveals obstacles to leadership role for Tokyo
      376 9 Reuter JAPAN'S struggle to craft a decisive policy on the Middle East crisis is revealing all too clearly the obstacles the economic superpower faces on the path to taking a leadership role in world diplomacy. "When the crunch comes, Japan is on
      Reuter  -  376 words
    • Article
      Lock icon Sanctions take a long time to bite
      515 9 AP TRADE sanctions of the type imposed on Iraq by the United Nations are difficult to en-' force and often take a long time to work. The United Nations has only twice before imposed trade sanctions on nations South Africa and Rhodesia, now
      AP  -  515 words
    • WORLD WATCH
      • Article
        Izvestia first to register under new press law
        127 10 THE government newspaper Izvestia on Tuesday became the first Soviet publication to register under a new press law guaranteeing freedom from decades of state censorship. While the new law appears to open new opportunities for prospective publishers and free the media of
        127 words
      • Article
        Solidarity is ten
        133 10 SOLIDARITY, the independent trade union that ended Communist rule in Poland and led the revolutionary changes in Eastern Europe, marks its 10th birthday yesterday in a celebration tempered by the realisation that a new democratic system has yet to be completed. "In these 10 years, despite everything,
        133 words
      • Article
        Bonn investment set to rise
        96 10 WEST GERMAN investment overseas will top 200 billion marks in 1990, up from around 185 billion in 1989, the Federal Association of German Industries (BDI) said in its latest report. West German industry's efforts to internationalise investments are going well, with many firms expanding into
        96 words
      • Article
        Soviet plans may have to change
        84 10 SOVIET plans for a market economy may be changed drastically to take account of different views and sovereignty declarations by the country's republics, a leading Soviet economist said on Tuesday. "I think the government programme, considered by the Supreme Soviet (parliament) in May, will
        84 words
      • Article
        Australian interest rates
        127 10 ANY further cuts in Australia's official interest rates would depend on developments in the Gulf crisis, Reserve (central) Bank deputy governor John Phillips said on Tuesday. Mr Phillips said that since the bank cut cash rates by one percentage point on Aug 2 the same day that
        127 words
    • Article
      Lock icon US acts to admit more skilled immigrants
      445 10 NYT IN A STEP long favoured by free-market economists, the US Congress is moving to admit more skilled immigrants scientists, engineers, medical technicians to compensate for expected labour shortages in the *****. The number of immigrants selected on the basis of their job
      NYT  -  445 words
    • Article, Illustration
      Korean students call for unification
      37 10 Thousands of students chanted pro-unification slogans at a Seoul campus Yesterday, South Korea's Independence Day. The students, who wanted to accompany dissidents to a Pyongyang conference, were later dispersed by riot police.
      37 words
    • Article
      Lock icon Major powers stifling Gatt talks: minister
      341 10 AFP UNCOMPROMISING stands by the world's major powers are undermining the Uruguay Round of the General Agreement on Tariffs and Trade. Australia's Trade Negotiations Minister Neal Blewett told a meeting of foreign correspondents in Sydney on Wednesday that the final Gatt talks scheduled for
      AFP  -  341 words
    • Article
      Lock icon Official denies US subsidised Mexico debt reduction
      395 10 AP A SENIOR Treasury official has denied a charge that the administration of President George Bush spent US$l92 million to subsidise Mexico's debt reduction agreement with commercial banks. Congressman Henry Gonzalez, chairman of the House Banking Committee, said on Tuesday that the Mexican
      AP  -  395 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      618 9 Sm I r With the two most powerful in the world. V f| A WHY WAIT? The sooner we receive this application, the sooner youll receive our cards. HONGKONGBANK VISA CARD/MASTERCARD APPLICATION FORM. A MINIMUM INCOME OF 5524.000 PER ANNUM IS REQUIRED FOR CLASSIC VISA AND MASTERCARD A MINIMUM INCOME
      618 words
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      Page 10 Advertisements Column 1
      127 10 A Strong Bond... Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness bring? genuine enjoyment a gift the receiver will appreciate. Discreetly enhanced with your company name or logo, engraved or with a medallion, it will soon become indispensable a lasting
      127 words
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      Page 10 Advertisements Column 2
      221 10 Granho Quarry Plant Machinery 4 Equipment previously owned by ÜBM PTE LTD locaM at PULAU ÜBIN, SINGAPORE indudee:CRUSHERS (1) Hadflskl 36" x 24", (6) Kue-Ken Jaw type, model 56 (2€ a x 12*) 61 (30" x 6") *80 (36* X 10"), (1) Pegeon 36" x 6* and (1) Jacquee 36"
      221 words
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      58 11 n* TIH Ssr£"(fL4l-aM-mtgm If you're flying to France, why wait 'till you get there before you start getting into the mood? UTA, the French Airline, departs Changi every Tuesday and Friday, laden with French cuisine, French wines, French stewardesses, and intelligent Singaporeans. It's a non-stop flight, so you get twelve
      58 words
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  • Article
    S'pore is better prepared
    460 12 EDITORIAL XHE dramatic events sparked by Iraq's invasion of Kuwait have only underlined Singapore's economic vulneraJust half a month ago, government officials were optimistically envisaging growth of the economy reaching or even topping their higher-end prediction of 8 per cent for this year. Last week, in
    460 words
  • WHAT THE OTHERS SAY
    • Article
      Different but Singaporean
      222 12 THE higher profile of Eurasians seen in recent times bespeaks a trend towards greater ethnic awareness among minority communities. This is a natural outcome of the government's encouragement to different groups to rediscover and strengthen their traditional values and cultures so that they do not lose their
      222 words
    • Article
      Stop the profiteering
      109 12 NEW oil supplies will be dearer as a result of the situation in the Middle East But that is no excuse for jacking up prices of current oil stocks paid for at lower prices. Such an act smacks of profiteering. This will only encourage other businesses to
      109 words
    • Article
      Testing times ahead
      133 12 WHILE there has been remarkable progress in the talks between President FW de Klerk and Nelson Mandela of the African National Congress, violence is brewing in many puts of South Africa. In fact, there is little consensus between the various factions that make up the majority blacks.
      133 words
  • REGIONAL VIEWPOINTS
    • Article
      Fairness all round
      217 12 ECONOMIC cooperation within Asean after more than two decades is still far from satisfactory, with a much higher level of competition among member countries than of complementation. Now a threeway tie-up is on the cards, an economic zone comprising Johor, Singapore and Batam. While Goh Chok Tong
      217 words
    • Article
      Not enough has been done
      172 12 THE Chatichai administration became the first elected civilian government in Thailand in recent times to have lasted more than two years. Most people say this government should be credited for the rapid economic expansion during the past two years. But economic growth as well as
      172 words
    • Article
      'Do not forget'
      138 12 "FORTY-FIVE years ago today Japan surrendered. When asked how they reel about the day of Japan's surrender, people who were born after the war will naturally be at a loss." Even though the Japanese are aware that their nation went to war with the United States, Britain
      138 words
  • Article, Illustration
    Lock icon Joining hands sans the rancour
    1015 12  -  An international commission chaired by former Tanzanian president Julius Nyerere has just issued a report on the North-South divide. It claims that many of the problems faced by the South are the responsibility of the North. Jonathan Power reports Jonathan Power IHT IF SOMEONE told
    IHT  -  1,015 words
  • Page 12 Advertisements
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      102 12 FOR SALE (BY TENDER) VACANT LAND PARCEL FOR INDUSTRIAL DEVELOPMENT Location Junction of Eunos Road 2 and Eunos Avenue 3 Title URA Parcel 138 Lot 2645 Mukim 23 Land Area Approximately 11,750 m* Tenure 60 years HDB leasehold from 14 November 1981 Ownership No restriction on foreigners Development: Approved for
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      28 12 DOONESBURY BY GARRY TRUDEAU I 4L HTM/Tim Ht&YOU SeTGUTJAWFACE, POOR. 900P5B! NOT A 1 ife IfHJNK OUWH*. mm,HMOS' CALL! IKTSH& HOMBNOU, IST/BVU I a***™ YOUKBUSNBSS! OUT OrtRWU-. WHUNK'RA!^
      28 words
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  • ANALYSIS
    • Article
      Lock icon Is there a morning after for HK's civil service?
      952 13  -  Hongkong's unelected administration is coming under severe pressure as it grapples with the growing complexities of tne final years before sovereignty is handed back to China, reports John Elliott John Elliott FT IF HONGKONG had a democrati-cally-elected government, it would by
      FT  -  952 words
    • Article, Illustration
      Mainland fever engulfs Taiwan
      1425 13  -  Taiwan is at the crossroads. In spite of economic clout, it is fighting a rearguard action to maintain its political status. The latest blow was dealt by the Saudis who decided to break with Taipei to establish ties with China. The island is showing signs of
      1,425 words
    • Article, Illustration
      Choosing between the devil and the deep blue sea
      761 13 IF WORDS, blood and all the reasons under heaven cannot bring about democracy, you rip the microphone, show your fist and stomp about the table. To hear Chang Chung-Hong, secretary-general of the Democratic Progressive Party (DPP), Taiwan's most formidable opposition party,
      761 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      106 13 1 FOR SALE (BY TENDER) VACANT LAND PARCELS FOR WAREHOUSING DEVELOPMENT Location Western side of Kaki Bukit Avenue 2 Title URA Parcels 146 and 147 Lot 2763 Mukim 23 Land Area Approximately 21,380 m 2 Tenure 60 years HDB leasehold from 26 February 1982 Ownership No restriction on foreigners Development:
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  • ADVERTISING & MARKETING
    • Article
      Lock icon Chiat/Day seems to be losing its golden touch
      604 14 NYT THE Venetian, Californian agency Chiat/Day/ Mojo, which seemed to have the golden touch in the last decade, has laid off 30 employees in its 150-person New York office which has lost three major accounts this year. Chiat/Day employees, aware of the
      NYT  -  604 words
    • Article, Illustration
      Goodwood Group launching $200,000 marketing campaign in Europe
      398 14  -  By Sangesta Mulchand The goodwood Group of hotels is launching a $200,000 marketing campaign which will span five European cities at the end of this month. At the same time, its flagship hotel, The Goodwood Park, will also be embarking on the
      398 words
    • Article
      Singapore office not affected
      207 14  -  By Sangesta Mulchand THE ILL WIND passing through Chiat/Day/Mojo's New York and Australian offices has seemingly left its Singapore office untouched. Since the beginning of this year, the office has picked up four smallish accounts Cannon office equipment, Turi Beach, Glen Fiddich, and TNT Skypak worth
      207 words
    • Article
      COPT LINES
      277 14 SAATCHI Saatchi Advertising Worldwide has announced that it will open offices in Budapest, Prague, Warsaw and Belgrade. They will take a "significant equity position in each market", a spokesman said. The agency is also considering opening an office in the Soviet Union in the future, but it is
      277 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      995 14 BANCO DO BRASIL S. A. CONDENSED BALANCE SHEET AS OF 31.12.89 ASSETS 5i.1230 si.i2JB (Id NCzs (in Czs thousands) millions) CURRENT AND LONG-TERM ASSETS 902,*****8 59,241,532 Liquid MKts. *****,098 886,057 Liquid deposits with financial institutions 27.155,533 1,784.231) Securities *****,408 3,018.577 Deposits with financial institutions 32,182,715 1,829,622 Due from branches. *****378
      995 words
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      Page 14 Advertisements Column 2
      389 14 t jpfpr^ is dining from tn^^BSn^pf meal from oar menu—^B^ toup/ialad, course, l«ed sod «£V a|H|^H pannttt k will COM no .M morechsp J3?.OQ. i4T A GUARANTEED PRICE. ~T 1 1 TEPAZZA w<m At Sheraton Towers, 39 Scow Ro»d, Singapore 0922. 4 September The Merktten Singapore 6 September Hotel Borobodur
      389 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Easy ride for Agassi, Becker
      716 15 AP TOP-SEEDED Boris Becker of West Germany and sec-ond-seeded American Andre Agassi had little trouble advancing to the third round of the US men's hardcourt tennis championships in Indianapolis on Tuesday. Becker, ranked third in the world, relied on his trademark serve and solid ground
      AP  -  716 words
    • Article, Illustration
      Lock icon Navratilova gets back in top gear at Los Angeles event
      290 15 AP jjJTOP-SEEDED Martina Nam vratilova, playing for the first *time since injuring her left •Achilles tendon last week, •overpowered Debbie Graham *6-1, 6-2 on Tuesday in a sec-"ond-round match of the «USS3SO,OOO-Virginia Slims *of Los Angeles women's ten- nis tournament
      AP  -  290 words
    • SIDE LINES
      • Article
        Scintillating farewell for Dalglish
        78 16 14VERPOOL MANAGER Kenny Dalglish hung up his eing boots in style on Tuesday, getting a hero's welcome i 30,400 fans in his testimonial game against Real Socieat Anfield. Dalglish, giving up at the age of 39, set up two goals and could have scored a hattrick
        78 words
      • Article
        Games suffer US$ 44m loss
        95 16 TURNER BROADCASTING SYSTEM Inc, sponsor of the Goodwill Games, has said it lost US$44 million on the event this year, although a spokeswoman pointed out'that it was too early to write the Games' obituary. TBS chairman Ted Turner said during the recent Goodwill Games in
        95 words
      • Article
        Australia to retain line-up
        54 16 AUSTRALIA will field an unchanged team in the third rugby union Test against World Cup holder New Zealand on Saturday, team manager Andy Conway announced yesterday. New Zealand holds a winning 2-0 lead in the three-Test series and is unbeaten in its last 50 matches stretching
        54 words
      • Article
        Nairobi bout for Foreman
        66 16 FORMER HEAVYWEIGHT champion George Foreman, 42, will fight Walter Massoroni of Italy in a 12-round non-title fight in Nairobi in November. A spokesman for the US promoter announced in the Kenyan capital on Tuesday that it had signed an agreement in principle with Foreman and that
        66 words
    • Article, Illustration
      Lock icon Run of bad luck for Elliott
      658 16 AP AFTER SPENDING YEARS in the shadow of Sebastian Coe, Steve Ovett and Steve Cram, Peter Elliott began to emerge this year as another of Britain's world-class mid-dle-distance runners. But he has faded faster than he started. Setting the fastest times of the season
      AP  -  658 words
    • Article
      Lock icon Showdown champ wins Skins Game
      184 16 AP SHOWDOWN CLASSIC defending champion Tom Shaw sank a 28-foot birdie putt on the par-three 17th hole to collect USS 14,000 and win the Skins Game, part of the l|S$4SO,OOO Senior PGA tournament in Utah. I Nearly 3,000 spectators watched as Shaw vied with Chi
      AP  -  184 words
    • Article
      Lock icon Injury forces Faldo out of International
      157 16 AP NICK FALDO has withdrawn from The International golf tournament because of aching wrists. Faldo was the leader of a small pack of players who pulled out, including PGA tour regulars Hal Sutton, Andy Bean, Rick Fehr and Gene Sauers. For months, Faldo has
      AP  -  157 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      438 15 B __J SI I'KRJ I\■ S v B B I S^ ia -aiM^S^TTii^^^^^^^^MC^fllP^' w At least some people agree It's the only reasonably priced As well as a number of other of ease. Nor will you have any with Epson on the importance of computer around, with a unique innovative
      438 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      96 16 I ***** foioWs Wfyat t?af)f)ens seductiOe creations.' I I biK6 f® I I (ppte I I don't need j j I c^ar^ e or d 1 I I W aron s i! our Diners (Jlub I I (l li *****1 and your Quests Will enjoy a I I mSßSsi''l C
      96 words
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      Page 16 Advertisements Column 2
      78 16 ji'if t¥,\ f fOft ***** Jovjvfi PRO^i J Blow vour mind I 1 I 111 with fill I /culture vulture J I J f LIVE at IMS II /paisley park. 1 I iff Happy Hour 111 I I Two for the price of One I 15:00 8:00 pm. I I
      78 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      428 17 The Classic (Model: AH 12) Actual Size J Seen here is the ultimate slimline. Our 0.4 kg work 99 speed dial memory with Alpha numeric. of art, with state of the art features to match. A host of many other features, with optional kits like Crystal clear connections anywhere, worldwide.
      428 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      177 18 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... 1 3J—ai n======= Si? ITALIAN MASTERPIECES 11 AT PRE G O! Take your taste buds on a delightful journey through the inspired Italian dishes of the renowned chef, Paolo Verzeni. Try his award-winning specialties
      177 words
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      Page 18 Advertisements Column 2
      390 18 Smoking hot euny claypots spice up the poolskte menu Treasured recipes from our Singapore chefs are used to highlight the pool side menu. Spicy and mouthwcnerina curries are offered daily by the poolside on the fifth floor of Regency Terrace from 11.00 am till 9.45 pm. All claypots are served
      390 words
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      Page 18 Advertisements Column 3
      310 18 A winning combination! Discover the exquisite blends of Cantonese and Thai dishes like crispy vermicelli, torn yum soup, roasted suckling pig, and a vanety of desserts. Menu changes regularly. Lunch or dinner. Adult: $16+ Child: $10+ Plaza Hotel SINGAPORE Gale Plaza Feast on our Chefs Specialty f Fish Head Curry
      310 words
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      Page 18 Advertisements Column 4
      328 18 S f Bfci I SWISS I i The Swiss have such wonderful ways with cheese. Savour thrrn J, and more at The Belvedere's Swiss Bufiet this month. p. SWISS BUFFET LUNCH 4 August 1 31, Noon 2.30 pm 4 Adult: $36++, Child below 10: $18++ 4 K We serve the
      328 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      681 18 TELEVISION AND RADIO I g 1 "sflCli JM M Wl mHi 530 AMa aad the CMaaaafe Going bananas IHH ?~r.~ s aSHBg^ IN Cdahrattaa Special The CilifcraHia Ml L4S Pray—n SJBp* 3JSmc Financial Newi PPN* A Midas Touch: The Power of '35 Calefcratlea Social Coo- 155 CaMa Nam Baton! nin
      681 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Annie Ross: From jazz to acting
      1131 19  -  Annie Ross is spending more time on films than on jazz and vocalese these days. Mike Zwerin catches up with her in Paris. Mike Zwerin IHT Although he was an ex-boot-legger and Annie Ross wasn't happy with the Way he called his clients "shvartsers",
      IHT  -  1,131 words
    • Article, Illustration
      Creator of popular TV westerns dies
      619 19 ■an—is CHARLES M WARREN, a television and film writer who brought such popular western successes as Gunsmoke and Rawhide to the television screen, died last Saturday at Humana Hospital in West Hilb, California. He was 77. Warren died of complications after surgery for an
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      184 19 AND ENTERTAIN Tempting Treasures From The Deep. The tempting Fish and Oysters Promotion is on every night from August 7 to 25, at the Hubertus Grill. We guarantee you'll fall for it, hook, line and sinker! A® Century Park Sheraton Singapore 16 NASSIM HILL, SINGAPORE 102). TEL: 7J2 1222. CENTURY
      184 words
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      Page 19 Advertisements Column 2
      405 19 NOTICES OUAN SOON HANG CO. (PTE.) LIMITED (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN thatpursuantto Section 300(1) of fne Companies Act, Cap. 50, a final general meeting of the atoovenamed Company wil be held at 16 Raffles Quay 918-04, Hong Leongßuiiding, Singapore 0104, on Thursday, 20
      405 words
    • Advertisement
      Page 19 Advertisements Column 3
      442 19 NOTICE NOTICE IS HEREBY GIVEN that, I Koh Boon Sing of Apt Blk 134 Ang Mo Kio Ave 3 #09-1675 Singapore 2066, have applied for a First-Class Public House (Extended) licence in respect of premises at M/s Travellers Bar A. Lounge at Unit 026-121/122, Singapore Changi Airport Passenger Terminal 2
      442 words
    • Advertisement
      Page 19 Advertisements Column 4
      478 19 NOTICE NOTICE IS HEREBY GIVEN that, I Koh Boon Sing of Apt Blk 134, Ang Mo Kio Ave 3 #09-1675 Singapore 2056, have applied for a First-Class Public House licence in respect of premises at M/s North Satellite Bar at Unit 027-023, Singapore Changi Airport Passenger Terminal 2 Singapore 1781
      478 words
    • Advertisement
      Page 19 Advertisements Column 5
      142 19 ▼n/\|i/a Restaurant and I KUI!V/\ Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE j Shashlik A La Troika Borsch Baked Alaska HAPPY HOURS $12.00 W ONLY Restaurant Hours Lunch: Karaoke Hours J Mondays to Saturdays Duly: 1130 am to 130pm 7.00pm to 2.00 am 6.00pm to 10.00pm J 133 Cedl Street
      142 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Investors turn a touch more positive
      4449 20  -  By Abdul Hadhi SOME POSITIVE sentiment returned to the Singapore stockmarket yesterday, allowing share prices to close higher. Share prices have taken a battering over the last week, with indices dropping by more than 10 per cent. Market analysts believe that share prices could
      4,449 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3951 21 Main Board SPH Foreign 925 +55 +6.3% Shangri-La 755 +45 +6.3% S1A Foreign 1600 40 2.6% Spore Land 1390 +40 +3.0% Jurong Ship 50* 750 40 5.6% Inchcape 480 +40 +9.1% SPH 730 +35 +5.0% S1A 200 1260 30 2.4% OB Hldgs 10» 390 +28
    3,951 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      187 22 tT-f~T Ymt Croup Not Nat Minings Crass mi to pram/loss (L) par slur* tfvMcad ('000) (cants) Somma Inv Auf 14 Mar 90 J3,537(15.8761) I HP Mr Aug 3 Mar 90 $2,334(12.7541) 2.6(-) JC-MPH Aug 3 Mar 90 $15.408(J12.840) 8.5(7.1) 10h(3) Murata Jul 27 Mar 90 18.3091 (20.9251) 94
      187 words
    • Article
      PRELIMINARY RESULTS
      177 22 fiHinj Date Yur Grant pra-tax Nat aaraiags CrMS MR to praftt/laM (L) par **»ra dividend (*000) (cants) Set Dridg Aug 10 Mar 90 M$2.452(M$164l) 2(1) Mun Loong Aug 8 Mar 90 MJ9,855(M|7.742) 15 5(11.8) 10(10) MCSHUr Aug 8 Mar 90 MJ1,3041 (MJ1,914) 2.5(3.5) -SwwiHMgs Aug 8 Mar 90
      177 words
    • Article
      INTERIM RESULTS
      309 22 35 pm$m§ Date Half-year Grwp pro-tax tateria mm to profit/loss (L) MM COM) Genbngs Aug 13 Jun 90 M$215.301(I4$137,038) 15(14) Smgatromcs Aug 13 Jun 90 $3,179($1.996) l* Southern Bank Aug 10 Jun 90 M$21,300(«l$18.288) DBS Aug 10 Jun 90 $192.415($178,945) 8(8) 3-t G Securities Aug 8 Jut. 90
      309 words
    • Article
      CORPORATE DEVELOPMENTS
      441 22 Aug 14 Main Industries Co Ltd and Pan Century EdMe Ois Ltd, two of Malayaa s leading palm oil refineries, have launched expansion plans totalling MJlB5m in Pasir Gudang, Johor Causeway Investment Ltd (CIL) has aborted a proposed deal to acquire a ship supply company costing $6 55m
      441 words
    • Article
      DIVIDENDS ANNOUNCED
      563 22 CwTMt Ex Baafcs Data TMhr Tatel tar »ay>at data daaa payaM« Um y—r last yar Nei HMgi 6% 28 Sep 7 Sep 26 6% 6% MOB 2 5% Sep 14 Sap 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5 Nov 1 10% 7.5%(») A vino
      563 words
    • Article
      RESULTS DUE
      387 22 «—»ik Stocks Last Frf Yaar Cmw NM Date Taar IW EPS Gran Net Mat T«r J 90C leeng Hm( Merm Mar 30 Ok 89 5351(h) EMS Intern Apr 26 M 90 9.3(a) 2JTE(a) 4.747 Tat taa Ftonce Fatal fan 1 Dac 89 12.3 8.0 2,206 FM Interim Jan
      387 words
    • Article
      APPROVED ISSUES
      345 22 Company Rights tssno KMa Ma (KK) Otters to sale by or on behalf of UM Enpieers (M) BW of 25 2m dure by way of a r*hts ofto to enbOed shareholders of KK on the baas of tour to-one MSI 2% each Ei-dale M 20 Books dose: Ao(
      345 words
    • Article
      BONDS, LOANS & WARRANTS
      649 22 BONDS, LOANS WARRANTS I j CwmlwiwM Cmmntmtmmhram nfcii) afcf* CMC Nt Batore 26/4/93 1 warrant pte $3.09 cart Cwi»i) Laan Cwi) IN 2/10/19 Id 20/10/94 1 warn* pte $1 cart or 1 warrart pte $1 m—I amownt at Im<i stock. a— h? taltfl m* 87 >» 31/12/91 1S5 warrants pte
      649 words
    • Article
      PROPOSED ISSUES
      529 22 Company IMghtt Iwit Baton One-tor tour w MS2 00 per share. Cawewiy toe Captfal reduction scheme to reduce par value ot shares trom $100 to $0 60; Rights ssue ot 3:2 SO GO per share CSM One-tor-one M$4 00 per share. Every tour nghts shares would be issued
      529 words
    • Article
      COMPANY MEETINGS
      155 22 Cereta Ltd: EGM at Str«apore Hrtton International. Indonesia Room, sth Floor, 581 Orchard Road, Swiapore 0923 on Monday, August 20, at 10am. HTP Holdhp Ltd: AGM at Mandarm Hotel, Mandarin Court A, 4th Floor, 333 Orchard Road, Singapore 0923 on Friday August 24, at 10am. Jack Ctia MPH
      155 words
    • Article
      RECORD HIGHS & LOWS
      130 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 l*t 1435.43 (16/7/90) 1990 M*t 1607.12 (27/3/90) 1990 Imr 1209.24 (13/8/90) 1990 1m. 1288J9 (13/8/90) 19t9 Mctc 1322.00 (28/12/89) 1989 M* 1487.76 (26/12/89) 1989 Imt 917.42 (4/1/89) 1989 tar 1030.89 (4/1/89) 1988 l*t 1043.86 (8/8/88) 1988 M* *****7 (8/8/88) 1988
      130 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      77 22 I KNOW 1 contest 1 1 THE 1 ,rr rviir 1 DISCOgSj 1 1 msmr ente n g soeaab. 1 'fE® «?§S contest spec. I^Vj IM ,^p 4 l T t rpa d us. IhUsIF 1 voU might win And y oU Jf f do llars 1 thousands oi I
      77 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Strong follow-through boosts prices
      3656 23 Bernama MALAYSIAN share prices closed higher across the board yesterday on strong follow-through support as sentiment was boosted by a surge in Tokyo, where the key Nikkei index soared 1,439.59 points, or 5.40 per cent, to close at 28,112.12. The KLSE Composite Index rose 14.96 points,
      Bernama  -  3,656 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      113 23 HONG KONG INTERNATIONAL JEWELLERY SHOW '91 m 13.000 SERIOUS BUYERS. ASIA'S MOST EAGERLY-AWAITED JEWELIERY FAIR I This is one of 1991's most important events for the Asian jewellery industry. An extensive worldwide publicity campaign, through the HKTDC's overseas marketing network, will ensure a massive turnout of international buyers. If your
      113 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Nikkei charts third largest point gain
      2264 24 TOKYO STOCKS soared 5.4 per cent to their third largest point gain yesterday on hopes that the negative effect of the Middle East crisis may be subsiding. Delayed reaction to an overnight report that Iraq's Saddam Hussein might consider conditional withdrawal from Kuwait boosted
      2,264 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks close stronger on Tokyo's rally
      2323 24 Reuter HONGKONG'S relative cheapness, combined with a rush of bullish sentiment inspired by a strong rally in Tokyo, spurred a sharp rise in share prices yesterday. The blue-chip Hang Seng index rose 110.74 points, or 3.61 per cent, to close at 3,178.27. "It was
      Reuter  -  2,323 words
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  • REGIONAL STOCK MARKETS
    • Gold stocks fall as Gulf fears subside
      • Article
        AUSTRALIA
        1102 25 THE AUSTRALIAN sharemarket finished marginally weaker yesterday with the gold sector tumbling on sentiment that the negative effect of the Middle East crisis may be subsiding. The sentiment surfaced in Japan and caused the Nikkei index to soar 1,439.59 points or 5.4 per cent to 28,112.12. The All Ordinaries
        1,102 words
      • Article
        MANILA
        537 25 MANILA SHARE prices continued to climb for the second day in a row following a surge in the Hang Seng and Nikkei indices and on sentiment that local prices might have bottomed out, brokers said. Two bomb explosions in Manila's financial district on Tuesday night apparently had no effect
        537 words
      • Article
        BANGKOK
        680 25 THAI STOCKS finished higher in thin trade yesterday centred on banking and finance issues in response to a sharp rebound on the Tokyo bourse, brokers said. The composite SET Index rose 16.48 points to end at 909.58. Advances led declines 136 to 28. Most active were Nava Finance, First
        680 words
      • Article
        TAIPEI
        386 25 TAIWAN STOCKS closed higher yesterday after the index rose throughout the session on active trade by both big and small players inspired by Tokyo's gains, dealers said. The weighted index finished up 209.76 points, or 5.2 per cent, to close at 4,248.49 compared with Tuesday's 4,038.73 finish. Turnover rose
        386 words
      • Article
        NEW ZEALAND
        430 25 NEW ZEALAND shares gained a par- tial reprieve from the heavy sell-down of recent days and a sharply higher local dollar to end firmer in moderate trade yesterday. The Barclays Index estimate ended 33.38 points higher at 1,674.30 points from Tuesday's 30-month low. Brokers were expecting another dismal
        430 words
      • Article
        JAKARTA
        595 25 TURNOVER ON the Jakarta stock exchange soared to 4.52 million shares from Tuesday's 2.20 million in trading dominated by newly-listed cigarette maker Sampoema, but the composite index fell 3.17 points to 384.16. Sampoema saw 2.73 million shares change hands on its first day of trading. On the regular market
        595 words
      • Article
        Untitled
        1071 25 Cloae Prerio® Aag IS SYDNEY All Ordinaries Index 1562.3 1565.0 -2.7 All Industrials Index 2336.6 2330.7 5.9 All Resources Index 960.1 968.3 -8.2 Turnover (million) 103.51 98.31 +5.2 miHKOW SET Index 909.58 893.10 +16.48 Turnover (nearest 000) 44,909 40,342 4,567 JAKARTA Composite Index 584.16 587.33 -3.17 Turnover (nearest 000) 4,520
        1,071 words
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  • WORLD STOCK MARKETS
    • Wall Street sees tight trading volumes
      • Article, Illustration
        NEW YORK
        1177 26 BARGAIN PRICES in some sharply oversold US stocks drew mild buying on Tuesday but worries over the apparent stand-off in the Mid-east conflict kept a clamp on trading volume. Light futures-related selling near the close and a slump in the dollar helped sap a moderate blue chip rally.
        1,177 words
      • Article
        TORONTO
        324 26 TORONTO STOCKS rose in most sectors on Tuesday after the Canadian dollar climbed despite a cut in the Bank of Montreal's prime rate, dealers said. The dollar's strength may allow the the Bank of Canada to drop its key rate further at the weekly auction today, they added. The
        324 words
      • Article
        MILAN
        269 26 ITALIAN SHARE prices dipped further on Tuesday taking the official index to a new low for the year as sentiment continued to be undermined by tension in the Gulf and technical factors generated by today's close of the August trading month, brokers said. Although volume was greater than had
        269 words
      • Article, Illustration
        LONDON
        774 26 SHARE PRICES finished higher on London's Stock Exchange on Tuesday, helped by selected bargain hunting and a stronger British pound. Dealers said trading lacked incentive and was very sparse with summer holidays in full swing. "All the decision-makers have left the market," one trader said. Traders said the market
        774 words
      • Article
        FRANKFURT
        189 26 PRICES OF West German shares board opened broadly firmer yesterday, holding on to pre-bourse gains, but orders were sporadic and trade was dominated by professional operators, dealers said. The 30-share DAX index opened at 1,723.25 and soon climbed to 1,726.66 at 0900 GMT, 11.61 points, or 0.7 per cent,
        189 words
      • Article
        PARIS
        104 26 THE CAC-40 index fell to a second successive low for the year amid uncertainty over the Gulf crisis. The Paris market was quiet ahead of yesterday's Assumption Day holiday. The index closed 8.98 points down at 1,712.03 on Tuesday. Paris Aug 14 Fraacs COMOIlf Air-Liquidc 680 +1 Cge 548
        104 words
      • Article
        ZURICH
        373 26 SWISS SHARES traded higher around midsession yesterday but dealers said volume was light and orders were sporadic. Yesterday's prices were sometimes based on only a few transactions. The all-share SPI index was 12.8 points or 1.20 per cent higher at 1,082.9 points. The SMI index of leading shares added
        373 words
      • Article
        Lock icon JOHANNESBURG
        399 26 Reuter AP JOHANNESBURG GOLD shares were sharply down at midday yesterday after a steep downward correction in volatile world bullion prices. However, dealers said prices, were off their early lows with help from an equally sharp retreat in the financial rand, South Africa's restricted foreign investment currency, as the
        Reuter; AP  -  399 words
      • Article
        Untitled
        368 26 Aug 14 Close Previews NEW YORK Dow Jones 2747.77 2746.78 +0.99 NYSE Financial 131.93 131.62 +0.31 SAP 500 339.39 335.73 +0.55 Turnover (million) 130.3 122.8 +7.5 LONDON Financial Times 30 1742.60 1732.20 +10.40 FTSE 100 2234.0 2219.50 +14.50 Turnover (million) 330.9 294.0 -36.9 AMSTERDAM CBS General 186.20 184.90 +1.30 Brussels
        368 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Technical buying helps greenback recover from European losses
      1224 27 FOREX MARKET REPORTS Reuter THE US DOLLAR yesterday ended one yen lower in hectic Tokyo trade but recovered most of its losses against Eujoopean currencies on technical buying. :.i It extended overnight losses yester'day morning on perceptions of a relax..ation in the
      Reuter  -  1,224 words
    • Article
      INTERBANK FOREX RATES
      396 27 Cross rates Aug 15 4 USS S$ M$ Dm Yen SFr AS NZS USS 1.7980 2.6940 1.5640 147.90 0.5266 1.3060 1.2361 1.6077 r SS 0.5562 1.4983 0.8699 0.8226 0.2929 0.7247 0.6875 0.8942 MS 0.3712 66.74 0.5805 0.5490 0.1955 0.4837 0.4588 0.5968 Dm 0.6394 1.1496 1.7225 94.57 0.3367
      396 words
    • Article
      FINANCIAL FUTURES
      1274 27 S1MEX Open High Low Sett Est Vol Opflnt Vol Sep 90 92.11 92.13 92TI 92.12 UKX) ***** 564 Dec 90 92.24 92.28 92.23 92.23 *****0 ***** 3380 Mar 91 92.17 92.22 92.16 92.18 2200 5626 275 Jun 91 91.93 91.97 91.93 91.96 280 1502 42 Sep 91 91.67
      1,274 words
    • Article
      MONEY MARKET
      550 27 Interbank rates S> Bid Offer Overnight 7 1/2 7 3/8 1-month 6 13/16 6 11/16 2-month 6 7/8 6 3/4 3-month 6 15/16 6 13/16 -Overnight mode: 7 US> Bid Oder 7 days 8 1/16 8 3/16 1 month 8 8 I/8 2 months 8 8 I/8 3
      550 words
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  • COMMODITIES
    • Article
      Lock icon Direct rubber trade causing concern
      497 28 AFP THE world's natural rubber industry, after successfully promoting direct trade between producers and manufacturers, is concerned about the eclipse of the open market and its impact on pricing, industry officials say. "The rubber trade may go the way of the sugar trade," Christopher Goldthorpe,
      AFP  -  497 words
    • Article
      Lock icon World grain output enough to go all around this year
      289 28 AFP WORLD GRAIN production this year should cover the planet's food needs this year for the first time in four years, the UN Food and Agriculture Organisation (FAO) said on Tuesday. According to an FAO study, world grain production should
      AFP  -  289 words
    • Article
      KL tin price eases under selling pressure
      808 28 REPORTS TIN price on the Kuala Lumpur Tin Market eased four sen under selling pressure yesterday to M 515.95 per kg. Traders attributed the fall to scattered buying interest and higher offerings by miners. On the London Metal Exchange overnight, trading was thin
      808 words
  • Article
    PRICES
    1347 28 Rubber Aug IS Scents/kg Noon Close Inl 1 RSS Prompt I56.50/I57.50N 156.2 V I57.25N lot 1 RSS Sep 90 156.75/157.25 I56.50/I57.00N Int 1 RSS Oct 157.50/158.00 I57.2VI57.75N Int 2 RSS OP 153.00/I55.00N I52.7VI54.75N Int 3 RSS OP 148.50/150.50N 148.2VI50.25N Int 4 RSS OP 144.50/146. SON I44.2VI46.25N Int 5 RSS
    1,347 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      866 28 NOTICE NOTICE IS HEREBY GIVEN that, I Lim Teck Hua of No 7, Jalan Dinding, Singapore (2573), have applied for a First Class Beer House licence in respect of premises at M/s Klongtan Ping Restaurant Pte Ltd at 46 Lorong Mambong, Singapore (1027), and that this application will be heard
      866 words
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      Page 28 Advertisements Column 2
      16 28 Read Chartpoint, a guide (o j investing in the stoek market. Every Saturday in Business Times.
      16 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1028 29 City FHgM ETA FigM ETD SQ 111 1705 SQ110 1445 MH/SQ671 1800 MH631 1620 MH644 1900 MH610 1715 QF32 1915 MH643 1730 SQ115 2005 SQ114 1745 MH617 2050 MH614 1850 MH6I9 2135 SQ118 1945 SQ119 2205 SQ120 2100 SQ121 2335 MH620 2140 MH645 2359 Audita* MH641
      1,028 words
    • Article, Illustration
      A chance to sip the water of life
      567 29  -  LETTER FROM DUBUN By Paul Majendie AFTER 1,400 years, the Irish never tire of telling the Scots that they invented whiskey first. "The Irish taught the Scots to make it and we say they are still practising," John Callely told the latest
      567 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to oae unit of foreign currency Currencies Bid Offer Australian dollar 1.4400 1.4600 Canadian dollar 1.5580 1.5786 NZ dollar 1.0900 1.1200 Sterling pound 3.3800 3.4200 US dollar 1.7980 1.8080 Local dollar* to 100 units of foreign currency Austrian schilling 16.00 17.00
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      155 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Sep 7-17 International Switzerland Sdiweizer Muster 61/686.20.20 Sep 25-29 International Austria Werner Mesaen 222/*****4 F#ir Mustermesse Trade Fair for Und Congress Sep 10-16 International Spain Foirc 3/423.31.01 Production k G.m.b.H TV, Sound and De Barcrtooe Finishing Electronics
      155 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      60 29 f v* a J —I he huvinc" person vhoui- curv luoJjv, C B I M I hurvil.i\. Sat uril.it in>l Nuniljt I i\n h.in^i I II f —w W \irporl Jt v :s hour\ mil jrriwnj; .it 011 ire lntcrn.ition.il \irport the lollou mi; >l.n. d) A 111: i i
      60 words
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      Page 29 Advertisements Column 2
      80 29 i> 4DAYS PHUKET v GOFTOUR WTV $5 25 (GOLFER) v r"* $499 (NON GOLFER) J I IN CONJUNCTION WITH THAI AIRWAYS INTL PHUKET COUNTRY CLUB ARCADIA HOTEL FOR ENQUIRIES, PLEASE CALL HOTLINE *****28 1005-1011 HAY STREET, PERTH 4 SEPARATE TITLES OUTSTANDING OPPORTUNITY Suitable for owner/ occupier or investor Land Area
      80 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      268 29 6 Camaraderie of college semonth (4) j j j 12 Longing for money J I 13 This wall covering needs gloss over (9) Show-dog of quarrelsome 17 Current continuous pro- f 7 j I j 1 gression tunnel (7) jHTTBr H 18 Foreign Office number with backs to the wall
      268 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      209 29 Singapore Outlook: Showers over many areas in the morning Report: Max temp. 30.2"C Assoc humidity 70% Min temp 21. I*C Assoc humidity 100% Hrs of sunshine 3.75 Rainfall in mm 31.2 Rainfall this mth 117.5 Rainy days this mth 6 World forecast Asia-Pacific Hl/Lo* Cond. Auckland 18/10 Showers Bangkok 34/26
      209 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      31 29 tvpink vour.e>uT t Ithc. bptttlp uwJ oj FWJL TWe CP£P»T....y THe. FveLDS OF -W mwx. ReneKsoM i \T I'sr. rtmys wixep »HFf\tffS... OF PUBLIC R€.LRT»ohs j \r look ft war.... J
      31 words
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  • Article
    Lock icon Opec nations divided over timing of meeting
    453 30 Reuter OPEC SHOULD hold off a little longer before taking any decision on a meeting to deal with the surge in oil prices, Indonesia's Mines and Energy Minister said yesterday. "By the end of August we should consult each other and decide whether
    Reuter  -  453 words
  • Article, Illustration
    Lock icon Business over the bench
    45 30 BUSINESSMEN in New York's financial district were forced to conduct their work on a bench on Tuesday as a power cut continued to disrupt lower Manhattan after a fire knocked out much of Wall Street on Monday. Reuter picture Reuter picture
    Reuter picture  -  45 words
  • Article
    Lock icon Hanoi floats 12-point Cambodian election plan
    328 30 AFP VIETNAM HAS outlined a series of 12 proposals on how elections should be held to end the Cambodian conflict, a diplomatic source in Hanoi said yesterday. The four Cambodian factions should agree to these proposals before elections can be held under an Australian
    AFP  -  328 words
  • Article
    Lock icon Indonesian group calls for more democracy
    253 30 Reuter INDONESIA'S leading human rights group yesterday added its voice to calls for more democracy as the country heads for the 45th anniversary of its independence. On the eve of an Independence Day address to the nation by long-serving President Suharto, the Legal Aid
    Reuter  -  253 words
  • Article, Illustration
    Earthquake rekindles ebbing Filipino spirit
    730 30  -  The Bottom Line MEUTO SALAZAR MEUTO SALAZAR The author is Governor of the Board oj Investments, Republic of the Philippines. AS OF the end of July, the Philippine National Disaster Coordinating Council reported a total of 1,641 deaths, 3,441 persons injured and 969 missing from
    730 words
  • Article
    Lock icon Jakarta strengthens military forces in Aceh province
    202 30 AFP INDONESIA has over the past month doubled its military presence in the westernmost province of Aceh in a bid to quash an armed rebellion against the central government, military sources say. The uprising on the northern tip of the island of Sumatra,
    AFP  -  202 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      97 30 PiageT JOAILUER EN HORLOGERIE OEPULSIB74 GENEVE The choice of showbiz stars. Richard Gere in "Pretty Woman" wears Cerruti. "^i^l ti GERRUTIIBBIITUM39 MEN'S BOUTIQUES 83UQITU08 BM3M #01-15 The Paragon, Orchard Road Tel: 235 %55 #02-54/60 Wisma Atria, Orchard Road Tel: 734 #01-45 Forum Gallena, Orchard Road Tel: 733 1882 LADIES' BOUTIQUE
      97 words
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      Page 30 Advertisements Column 2
      86 30 PiageT I JQAILUER EN HORLOGERIE DEPUISIB74 GENEVE TWO PRIME FREEHOLD I HOTEL DEVELOPMENT SITES I in the Proposed I Robertson Quay I Conservation Area I Overlooking the Singapore River I Closing Date: 28th Aug 1990, 3 pm. I Parcel A Parcel B K Site Area 8,587 sm (92,430 sf) Site
      86 words
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  • Shipping Times
    • Article
      Swissair ups fares while regional carriers wait
      357 31  -  By Selva Kumar SWISSAIR, in announcing a 5 per cent air fare hike from September, is the first among the European airlines to raise air fares while regional carriers are still adopting a cautious attitude. An SIA statement said the airline had no
      357 words
    • Article
      Cigarette firm to spend US$ 50m on Indonesian box terminals
      241 31 PT HM SAMPOERNA, a cigarette manufacturer seeking a listing on the Jakarta Stock Exchange, will spend US$5O million to build four container terminals in Indonesia. This would be "in cooperation with PT Global Putra Indonesia," said Sumadi Kusuma, a director
      241 words
    • Article, Illustration
      Launch of Tanjung Perak box terminal slated by 1992
      204 31 A NEW container terminal being built at Surabaya's Tanjung Perak Port is likely to be in operation by 1992. Frans Masengi, president of Perum Pelabuhan 111, the state-owned company assigned to manage Tanjung Perak Port in East Java and some other
      204 words
    • Article
      Lock icon Tokyo expected to approve 8.5pc rise in trucking charges
      263 31 FT THE JAPANESE government was expected to approve on Tuesday an 8.5 per cent increase in trucking charges, the first rise in five years and the last before the planned liberalisation of the country's trucking industry. Trucking companies play an important
      FT  -  263 words
    • Article
      Lock icon American airlines cut fares to stay competitive
      264 31 Reuter US airlines are matching steep fare cuts by Eastern Airlines and Trans World Airlines and have delayed a 53 per cent fuel related-fare increase that was to go into effect yesterday. American Airlines, United Airlines, Eastern, Northwest and Pan Am all cited
      Reuter  -  264 words
    • Article
      Allies meet to discuss German air transport
      151 31 THE four World War Two allies, which have controlled Berlin's air space for 45 years, began talks on Tuesday with the two German states on the future of air transport in a united Germany. Only British Airways, Pan Am, Air France and its
      151 words
    • Article
      Asean version of Orient Express within two years
      298 31  -  By Selva Kumar (JK-BASED Sea Containers plans to operate an Asean version of the European luxury railway service Orient Express by 1992. Plans for the service are proceeding with "changes only to the project schedule," said a company official in Singapore. The
      298 words
    • Article
      Lock icon War risks group revises rates
      203 31 Reuter THE War Risks Rating Committee has raised cargo war risk insurance rates for some Saudi Arabian ports and introduced a war risk rate for Jordan for sailings effective Tuesday. The Saudi Gulf ports had previously been classified along with Iraq, Kuwait and the Saudi
      Reuter  -  203 words
    • Article
      Egypt will not close Suez Canal
      116 31 EGYPT cannot prevent ships heading for Iraq from using the Suez Canal, as Cairo is bound by terms of an 1888 treaty regulating freedom of navigation there, a reliable source at the state-run canal agency said. Iraq is not at war with Egypt and,
      116 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Aeroflot to offer weekly flight to Kathmandu
        89 32 THE SOVIET AIRLINE Aeroflot will start a weekly flight from Moscow to Kathmandu via Dubai on Aug 25. Airline officials said on Tuesday that it was hoped the flight would attract low-budget travellers from Europe to the Himalayan kingdom, where tourism is the
        89 words
      • Article
        MCI concludes merger
        85 32 MCI COMMUNICATIONS has concluded a previously announced merger with Telecom USA Inc. Under the agreement, announced on April 9, MCI acquired all outstanding shares of Telecom USA's common stock for cash at a price of US$42 a share for a purchase price of US$ 1.25 billion. MCI
        85 words
      • Article
        Tenneco unit wins navy deal
        60 32 THE US NAVY has announced that Newport News Shipbuilding and Dry Dock Co, a division of Tenneco Inc, has been awarded a US$l.l billion contract for work on overhauling the US Navy aircraft carrier Enterprise. The normally scheduled work will be performed at Newport News,
        60 words
      • Article
        New AT&T pricing promotion
        65 32 AMERICAN TELEPHONE and Telegraph Co has begun a new pricing promotion, called International Guardian Plus, for international business communications services. The company said in New York on Tuesday that with Guardian Plus, a business that purchased an ATT international dedicated private line between now and Dec
        65 words
      • Article
        GPA's after-tax profit up 28pc
        110 32 IRISH AIRCRAFT LEASING GROUP GPA Group pic has announced that its profit after taxation rose by 28 per cent to U5567.3 million in the three months to June 30, 1990. Unquoted GPA's revenue increased to US$429 million from US$399 million in the same period last
        110 words
      • Article
        New ship for Senator Line
        44 32 SENATOR LINE of Bremen, West Germany, has recently taken delivery of its latest newbuilding, the 1,743-TEU container ship Arabian Senator. Built by Bremer Vulkanm, the 23,500-deadweight-ton ship will join the Tricon service, formed by Senator, DSR and Cho Yang.
        44 words
      • Article
        Purchase option for West Air
        48 32 WESTAIR HOLDING has signed an option to buy up to 60 EMB-145 jets from Embraer, a Brazilian aircraft manufacturer. The agreement is valued at up to US$7OO million. West Air Holding said the first aircraft delivery was expected during the 1993 fourth quarter.
        48 words
    • Article, Illustration
      Lock icon Supertankers facing shrinking market
      652 32 The sudden loss of all Kuwaiti and Iraqi tankering business, coupled with planned cuts in Opec's oil production, has created vast excess capacity for the moment in the supertanker market. FT THE turning-about of an Iraqi tanker from the Saudi Red sea port at Yanbu is
      FT  -  652 words
    • Article, Illustration
      Lock icon Aqaba port: a back door for Iraq?
      507 32 Jordan's port of Aqaba, at least for the moment, appears to be serving as a back door for goods flowing to its powerful neighbour. NYT ALINE of battered freighters unloaded and picked up cargo on Tuesday at Aqaba port, which serves as an
      NYT  -  507 words
    • Article
      COCKETT BUNKER MARKET REPORT
      849 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      849 words
    • Article
      THE SHIPPING GUIDE
      12550 40 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
      12,550 words
    • Article
      SHIPPING AGENTS
      3392 45 .A.BC Containerize NV: Bejsin Shpg Agencies Pte Ud (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ud (SyAccord fontr Une (M) Sdn Bhd (PKyAccord Contr Une (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Caisouree Shpg A Trdg Pte Ud (S) Ahreakid Liner Service: Kim Shpg
      3,392 words
    • Article
      COURIER SERVICES
      235 45 Abacus Courier* Td: 545-8011.448-6415. Air Express Service Td: 533-5771. Fax: *****44. Airborne Freight Corporation Td: 542-8844. Fax: *****16, *****80. AJS lapplif i Td: 748-6322 (2 lines), 747-7421. Fax: *****75. Cky-Link International Td: 344-3377. Fax: *****50. Cluster link SappUes A Services Td: 296-5720. DHL lutermatioual Td: 344-8911. Fax: *****61.
      235 words
    • Article
      AIR FORWARDERS
      1474 45 Akex Express Freight Td: 542-7171. Fax: *****84. Actiak Forwarder Td: 225-1833. Fax: *****42. Activnk Slags porr Td: 542-7822. Fax: *****20. Aeroiiak k C Freight lateraational Td. 545-5992. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50.
      1,474 words
    • Article
      PORT CONDITIONS
      2839 46 U6ENTINA Bum Abas: Conflict with tug boat crews wis solved; port working normally. Port continues to be busy; new arrivals will have to wait 1-2 days for a general cargo berth; 1 vessel loading grain at elevator berth; due to low tides, some vessels have been delayed. Saa
      2,839 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      593 46 SHIP SALES TANKER RATES Reuter AFP THREE VLCCs have been sold to an unnamed buyer for an undisclosed amount. They are the Prterotc (276,424 dwt and built in 1976), World Dignity (273,397 dwt and built in 1973) and Roaetay (274,331 dwt and built in 1976). Greek interests paid about US$l3.B
      Reuter; AFP  -  593 words
    • Article
      AIR FREIGHT SCHEDULE
      509 46 ARRIVALS DEPARTURES ~j Of Highl Tjrje ETA Fro* Op Flight Tyj* ETD T« ZZ TODAY TOOAY KAL KE697 B747F 0155 SEL KAL KE697 B747F 0440 BKK NCA KZ203 B747F 1935 NRT SI A SQ/BA822 B747F 0700 DXB/LHR FDX FM75 B747F 2130 JFK/1ND/ANC/ NCA KZ204 B747F 2335 BKK/NRT
      509 words
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      CRUISE & FERRY SCHEDULES
      360 46 CRUISE FERRY SCHEDULES C—ME SHIPS Ait Pep N— of V—i KTA IIP Ports of QJh AUGUST 21 21 Orieat Vcm (MV) 0600 2000 Borneo Skipping Sin-Fremantle-Jakarta-Kobe 28 29 Aadnw Ptiacua 0000 1700 Awdmin Cruise Cruise to nowhere 30 31 Andaman Pri— 1300 1700 Andaman Cruise Cruise to nowhere 01 01
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      AT CONVENTIONAL WHARVES
      556 47 I—I Brt OwW tggfcw M Wf W> Birth kiM 0«>arH» KmmJ WttarvM 8u kr 3 6/90£ P1B 16-08/0730 17 08/0600 ZSCmmd 1 K29 3toop.de 15.08/1500 JOS P3W 15.M/1400 17.08/1200 C R P Non 18W KI8 atonpide 15.08/1915 P*. Wah "22 f22/?25 Genew Lytes 87 R33 atonptoe 15.08/0600
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      CONTAINER SCHEDULE
      1196 47 RECEIVING OF EXPORT Fa CONTAINERS AMP LCt CARGO Record Boottn/MmcJ Mb SNp Voy No Period From To From f at Dbcflel Space M Shamah 73A 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 Anson *****N 3 16/0700 16/1159 16/1400 4 16/1200 16/1459 16/1700 B Data 153 3 16/0700
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      IN MALAYSIAN PORTS
      345 47 Pitt Mat Sorih P»t m tm 15: Roxanne berth 1; AJchtmtst Lansana berth Z Metaka Jaya berth 4; Muba Hayu berth 7; Pernas Safan berth 7; Swee Long Satu berth 7A; Petro Muka berth Jetty She! KCT: Anro Adelaide berth 8; Ever Ocean berth 8. Norft fmt
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      DAILY FREIGHTS
      972 47 CHARTERING on the dry cargo freight market was quiet on Tuesday but details emerged that the key US Gulf to Japan grain route had been fixed at an easier US$2l, brokers said. The Baltic Freight Index was unchanged at 1,237 but the Gulf/Japan sub-index was lowered to U5521.05
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    • Article, Illustration
      Lock icon European air policies criticised
      479 48 FT DEREGULATION of European air transport risks drowning "in a sea of bureaucracy" warns Lord King, the chairman of British Airways, in a vigorous attack on European air travel policies. Regulations designed to meet the special interests of individual EC states and their administrators are likely
      FT  -  479 words
    • Article
      Lock icon Continental to unveil major changes
      254 48 Reuter CONTINENTAL Airlines Holdings will change its image, outgoing chairman and chief executive officer Frank Lorenzo said. Mr Lorenzo told 3,000 employees at a farewell ceremony the airline would unveil dramatic changes after his departure. Mr Lorenzo said the changes, like his departure announced last
      Reuter  -  254 words
    • Article
      Eastern sees losses this year
      108 48 EASTERN Airlines said it expects losses for the rest of 1990 because of its continuing rebuilding effort and the effect of rising fuel costs. Eastern, a subsidiary of Continental Airlines Holdings Inc, said its second quarter results show improvement and a trend toward reducing losses.
      108 words
    • Article
      Indian council heading for a split
      192 48  -  From Shirish Nadkarni in Bombay THE All-India Shippers' Council (AISC), the apex body of shippers and their associations from all over the country, is heading for a split in its ranks. A section of the managing committee of Western India Shippers Association (WISA) is
      192 words
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      7 31 Eastern expects losses this year, Back Pg
      7 words
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      Page 31 Advertisements Column 2
      252 31 SWEEHENG METAL CO PTE LTD No. 13, Tum Avenue 14, SPORE 2263 FAX 861-2946 TEL: 061 -6865 (5 M Sow Ag«nt TLX RS ***** H |H MMmmm fs=% Commercial Cleaning I Equipment Industrial Maintenance Equipment Ako buy .sol rental repatr [RCL> T«H*hR*D S*U*P+E»R*F*E E*D*E*R Our 1248 TEU 4th generation container
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      Page 31 Advertisements Column 3
      53 31 to Forwartarj 15 Mr Fntftf Sdwdu* 16 Codrtt fcport 2 r mil win Schedule 17 Comer Senas 15 Craat F«ny Klwdaln 16 My Frefhts 17 moo id AoveruSri J Port Contaw II Shwng Agents 15 SNpat G«de 10.11 Stapsata/Taita Rale 16 Shps m Port 17 Support Tides 17 WmMw and
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      156 32 BT SURVEYS Looking Wider, Thinking Deeper Some suttfects are of such Interest to our readers that they demand more space and more research than can be given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Pilling the gap
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      1845 33 jardine shipping agencies 200 Cantonmwit (toad #12 05 South point, Sinppore 0208 Alllf# t«i 221 ml telex no rs ***** V^V2|£!Hu ■Tllllf TERMINAL/CFS Td *****18 220 PBftftMrl BOOKINGS TM *****34 23S L iwy J PESAKA JAROINE SKIPPING AGENCIES SON. MO. PORT KELANG TEL *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4
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      Page 33 Advertisements Column 2
      1067 33 MDEX TOfIDVKTISERS Page Col Col I' A o Maersk Line 3 4/5 oMISC 14 1-3 ABC Containerline 13 5 M'sia Shpg Corp 9 1/2 Accord Shpg 8 1-3 Mendelssohn 5 1/2 Albatros Sea-Air 14 5 Mercury Line 12 2 APC Line 14 4 MOL 18 4/5 APL 5 3-5 #MOSK
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      Page 33 Advertisements Column 3
      1973 33 Veeeel Voy ETA ETD 'Port 'Penang S.ng*>or. K slang DESTINATIONS M 900* CtoaMg Tim. Fm. by bnwmjwfwwil— W— Or 21* 0400 HRS u F.rco 1 MM WM BilHiil CW-WiaOOHM M T«ure OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MOM TOR MAJESTIC M am! H0 I 8/8 ,<V9
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      1069 34 ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KOWLOON BAY 98/509 18/8 10/8 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 17/9 11/9 14/9 10/9 16/9 LONDON EXPRESS 13/503 27/8 13/9 15/9 18/9 MONTE ROSA 09/502 30/8 24/9
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      Page 34 Advertisements Column 2
      531 34 DIREgTS9gTHPAC.FjyERV.pt m FLOREAHA 30/8 13/9 16/9 21/9 ALSO ACCEPT INC CARGO VIA SUVA TO: IAUTOKA, PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP FLOREANA 30/8 S/10 6/10 10/10 Alio accaptinc Cargo to CalUo (Peru) via Valpa AflMOle: SINGAPORE: *****56 8. JAYA: 03-*****25 BOOKINGS: *****00 NORTHBOUNO TO UKC
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      Page 34 Advertisements Column 3
      1236 34 K3 wana mw REGULAR MOEPENOENT FULL COMTAJNER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA jVIA (VIA (VIA JAPAN SEA 024-W 19/08 09/09 11/09 14/01 16/01 fiW 11/09 21/88 NORASIA SUN 9025-3 2408 11/09 I|o9 1909 21-09 2409 23-09 25W 2MB 31« 21/09 *****
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      1783 35 ssjgSteamers Maritime Holdings Ltd Im P&O IPJ9 i~ L T £i« p £l^ G Containers M"*""*" Voy Mo PKL»m S pof. S'tan HW| I hiw R'dam Lak ACCEPTS DUE SAILS KOWLOON BAT tf/SH TBHUM-12/01 IM> IACB Otm OMB IBM mm CARGO TOKYO BAT BfJM LEXIS« IM* U/U H/U 10/B MERCURY
      1,783 words
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      Page 35 Advertisements Column 2
      1633 35 TO: EUROPE TO: FAR EAST SP LM ROM HAM B'HVW FIX SPORE NK MO KM MJ CHOYANC SUCCESS 010* m tft 7ft tft 10/9 lift CHOYANC CHANCE 040E 714 W U 9JI HANJIN HAMBURG OOW XH 13/9 14/9 IS/» 17/1 Oft HANJIN LEHARVE OK Vlt 30/1 Jlft Ift tft HANJIN
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      Page 35 Advertisements Column 3
      22 35 S PORE LOAOMG FOR MORA 20/S/W PMNOMPENH/KOMPONGSOM NINA 22/t/SO HOCHMMNH/VUNGTAU BELM tIHPPINQ A TftADMQ PTE LTD TEL: *****73 TLX: R*****7 FAX: 224M44
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      Page 35 Advertisements Column 4
      394 35 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION ASIAN TANJUNC PIONEER TRADER STAR EMAS VOY. NO. 7 11 114 10 Sport SM 22/1 23/1 3ft P. Keiang In Pt 25* 2S/S Ponang Hong Kong Yokohama 7/9 19/9 14/9 24/9 Nafoya 5/9 17/9 12/9 22/9 Osaka 10/9 20/9 Senboku 3/9 15/9
      394 words
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      537 36 CR Nan **********0-O EXPRESS SEHI-CSNTAINEIISNIP SERVICE vsuvov spore roMV hburg Bremen Antwerp MM kutawowb 23-2*o an an 2/i» yio MATARAIV27WB 22-200 22/10 20/10 2*lo 2/11 PAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CAROO VIA T/S TO UK PORTS, HULL, LE HAVRE, OSLO, COPENHAGEN, AARHUS, GOTHENBURG
      537 words
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      Page 36 Advertisements Column 2
      1077 36 1/^HANJIN SHIPPING"! yy FULL CONTAINER SERVICE CHOYANG SUCCESS BMN W 'j/T SST" 1Ifi" MM S5 "g £2 HANJIN HAMBURG MB* 27/1 14/9 15/9 M/ 9 11/9 I9A HANJIN LEHAVRE OBBE Vfi H KU*SA* WE W Off HANJIN ROTTERDAM MM 1/9 19/9 m 21/9 2J/9 24/9 HANJIN FELIXSTOWE WE *9 H
      1,077 words
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      Page 36 Advertisements Column 3
      1146 36 i j.r-qrrra^T^K I PHI SGP HKG US KLC PUS MKT OSK MB TTO LAX CMS lAL NVC LNV MM MM FIX NM MP E GOUXN RE-M7 U« hFI IJI 2H W Of M W ID l«l 8/1 VHW MfUiyUUMUniIM Iful GLOW MU IH SI M M tft 21/1 JSfi 23/1
      1,146 words
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      Page 37 Advertisements Column 1
      1749 37 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO **********0E) I 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 NEPUNE SON BHD MALAYSIA K.L-(03) *****33, P.Kelang-(03) *****87,
      1,749 words
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      Page 37 Advertisements Column 2
      1150 37 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 ggjS wtabi |yqg Immiiu mrqws whm iwm mum nmm nwa rum rott mmif R. CAVRILOV a«
      1,150 words
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      Page 38 Advertisements Column 1
      1430 38 QM t 9 4\> W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CRN* 1244«*****0M) «B TEL: *****77 TELEX KAWAKIRS23I6S FAX: *****79 \M J J M MALAYSIA HARPER WIRA SDN BHD TEL: PJ *****22 PK *****01/5 PENANG *****5 J8 *****1 KAWASAKI KISEN KAISHA, LTD. mmm-.t.i.tmmummmm.m,mnn.mmm VtSStL VOX 'INOO "PH/WIG [MP""! HTKI VESSEL
      1,430 words
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      Page 38 Advertisements Column 2
      1033 38 PHILI-ORIENT LINES PTE LTD S? i (The Complete NVOCC Package) W] I member of SFFA I 18 AUG MONTREAL, OTTAWA, TORONTO, VANCOUVER, S*WESTERN ONTARIO. 24 AUG MVjs? AT Dl MHRAIN K A^U'DHASI LONDON, WINNIPEG, SSfrJil BAHRAIN ABU DHABI REGINA, SASKATOON, SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS VERNON PENTICTON 18 AUG COLOMBO,
      1,033 words
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      Page 39 Advertisements Column 1
      1565 39 £3525 PACIFIC INTERNATIONAL LINES (PTE) LTD mUt§ R1 gujgg. 140 Ceca Street #0340, Singapore 0106. f JAKARTA I I BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK BM mm KOTA PANJANQ 02S8 17/S 22/8 2SM PEOASUS PROGRESS S3ON IS/S 21M MM DELTA MAS I<SS IMB MM IM KOTA
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      Page 39 Advertisements Column 2
      1075 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** BHBBBBBBH ESSEL |VOY SPORE PKLANG SHAMPTONI HAMBURG B'HAVEN ffOAM L'HAVRE Mm Bay 96/595 16/8 10/9 4/9 6/9 3/9 9/9 okyo Bay* 99/599 19/8 Via Lex 5/9 8/9 10/9 s*a Bay 95/598 23/8
      1,075 words
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      Page 39 Advertisements Column 3
      338 39 W MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'port P.Kobng Pan HPA-AN VIS3W IN PT PATHEIN VIO4W IN PT PAGAN VliON 22/24 AUG mergui vunw an scp MYOMA YWA VI3OW OW SEP fit THE BANK LINE IA ■anrira «J n ikam >M«li fhlaaU ril (A lOTYicf
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      832 42 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT 1 OUTBOUND SIN FIX BRV ROM ANT MBC RST T. VENOA CW 17/T 70 80 180 120 AMERICAN SEN WFBM B0 130 1«0 "0 170 180 0. GROTEWOHL 400 290 220 230 25/» W EUROPEAN SEN WFB37
      832 words
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      Page 42 Advertisements Column 2
      1113 42 m immmim awg it FAR EAST PORT KELANG 24/8 31/8 MANILA 18/8 25/8 PENANG 24/8 31/8 BUSAN 19/8 26/8 BANGKOK 18/8 21/8 TOKYO 23/8 30/8 HONG KONG 20/8 24/8 YOKOHAMA 23/8 30/8 KAOHSIUNG 19/8 26/8 KOBE 23/8 30/8 KEELUNG 19/8 26/8 JAKARTA 19/8 26/8 SRI LANKA INDIA CHITTAGONG 21/8 29/8
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      Page 42 Advertisements Column 3
      356 42 HHI! LOAOINC FOO LOADING FOR BUCNOS AIRES VESSEL STONE CM OM •AIMS MVIMO HO tit KIT PACU4 HOSmOMI 1M MR «1 vit m Dfi MHU H. SASANA Oil l/t Hit a/1 V» Mi- U/M MMM 2 C. BAKL WO 11/ M aw VU *11 IMI VMMJ •KKHKIM I U/U 22/11
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      Page 42 Advertisements Column 4
      1284 42 rte t fe ;1 CDMA OCEAN SHIPPM COMPANY r 2. WSTRI ROAO. HMC BUILDING TEL: *****0 msM. siw<Upwe md 7 full CONTAINER LINER SERVICE telex: rs m» coship CR HO: ********** M FAX: *****66 General Agents: COTTAR fIHVFMG FT* LTD CAiLL Yonmott fwwrmapsi ytssewvor w fix hot mam art dm
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      787 43 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA AU IPI Destns 24/8, 31/8 I EUROPE all Ports 18/8, 25/8 BANGKOK 18/8, 22/8 HONGKONG/CHINA 17/8, 21/8 SYD, MEL, ADEL, BRIS 19/8, 25/8 FREMANTLE 25/8, 31/8 MANILA 24/8, 31/8 PKLG/PENANG 19/8, 27/8 Port Kclang Branch Tal: *****21/2/3 Fax: *****24
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      Page 43 Advertisements Column 2
      249 43 SSfRiSLnMiIinSENCIES |S) PTE LTD St TEL: *****33 (12 Unas) m FAX: *****15/*****03 P TELEX: R8 ***** RISHIP (3 Llnaa) \<P\ ETHIOPIAN SHIPPING UNO f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA ILOAOING FOR SPORE ABBAY WOHZ 2SWB 32AM OABESSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA MOOEIOAH NETSANET 20WB
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      811 43 tan.P T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, i MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 awoAPora inoomuu MRVIC* VSL VOY SIN JKT
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      Page 43 Advertisements Column 4
      599 43 Hi I l BANGKOK CEBU/MANILA MEKHAWIK KURAKO 22W TW l»H Iw 190 SO. ORIENT M 170 80 2»0 .J WANT A BMUM (ON Fri 17/1 Mw> 200 AKA BHOM IB 200 300 l/l |J. MAHA BHUM# 22* St U/« Man 200 SO ORIENT MR B0 V» 7/» SIRI BMUM# MOW
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      Page 43 Advertisements Column 5
      293 43 TO AUSTRALIA/NEW ZEALAND c mmmrnm m m vn m 5» «> Z TSmSwaT a? m 5» ~m 5? wi Tin txraos aan zm 5a "5a u/a ujn t i 55 u}m wa on* *m &7w 5u Alto ftCCtptlf* CJffO Ik* AUSTRALIA -AMI*, Brnten* NEW ZEALAND Nap*. OrMcHurdi TO USA/CANADA c.
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      1231 44 NIAC-NELS SINGAPORE!! Sfif iim!2 wpwt TIL HIMM PEFIAttG fEL: (04) *****6 IKK TEL: (008) *****01 TAW AU TEL: (089) *****9 P KELANG TEL: (03) *****77 KUCHING TEL: (062) *****3 SKAN TEL: (009) *****2 ~l J BAHRU TEL: (07) *****2 SIBU TEL: (004) *****2 LABUAN TEL: (007) *****9 UV JAKARTA TEL:
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      Page 44 Advertisements Column 2
      493 44 BLUE STAR UNE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL *LC L FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN PLY AIICK ITT MULBERA ICS 21 Auf J JJJ« JJJ" u PfOSPfCT MS
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      Page 44 Advertisements Column 3
      1093 44 Mm THONG SOON LINES 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 LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mna hwr |tn Iht una m eti wt KIM SOON LI 32/90E 18 AUG
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      68 46 OngrrßujiUw I KKU SIN PKL DESTN I YANNIS/***** M SM FLU/ANT/UK/NTS lACROPOUS/***** Sid Sid Sid FLU/ANT/UK/NTS I TBN/***** 21/8 25/8 28/8 FLU/ANT/UK/NTS SCAMAR 17/90 23/1 2S/S YANGON (BURMA) ■an ho i ym nit tut vangon (Burma) TOMOH SATU <9b IOfS 12/« YANGON (BURMA) FOONG SUN SHIPPING A TRADING (PTE) LTD
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      106 46 (CONFIDENTIAL!; Y 11 (FIXED DATE TRANSIT/WEEKLY SERVICE) x cfs *vV Vessel/Voy# SIN cut-off LAX CHI NYC f CY CHANCE 048E 20-Aug 18-Aug 9-Sep 15-Sep 16-Sep X HJ LE HAVRE 008E 27-Aug 25-Aug 16-Sep 22-Sep 23-Sep <£ HJ FELIXSTOWE 003E 3-Sep 1-Sep 23-Sep 29-Sep 30-Sep V CY PARK 009E 10-Sep 8-Sep
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      Page 46 Advertisements Column 3
      84 46 REGULAR CONVENTIONAL SERVICE TO CHINA S 4 Vessel S port P Gubng P. Leading For PUJIANG In Pt HUANGPU USHUI m In PI HUANGPU GUANGSHUI 1M JM ZM HUANGPU/XIAIEN/SHANGHAI OAOE 22/1 HUANGPU OA DONG HAI 20* HAKAO JIANCHANG Silt HUANGPU/XINGANCWNGDAO SCHINDON TRADE FREIGHT SERVICES 47 BEACH RD, #05-06 KHENQ CHIU
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      Page 46 Advertisements Column 4
      44 46 T«l: 5343*27 Fax: *****30 Tt*: R8 433 X INCTCO VtSKI VOY WO. WW MAA CAL ALCOR 124N tWO 6 24/06 TIGER CREEK 102CNB 17/08 26/08 TIGER RIVER 12SN 26/06 31/08 <•. ILOVIK 103CNB 30/08 05/ OB ALCOR 126N 30/06 06/09 TIGER CREEK 104CNB 31/08 07/08
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  • Page 47 Miscellaneous
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      416 47 TIDES AND WEATHER TODAY'S TIDES (hetgtit in metres) HOUIOOMOIMQ2MO3MO4MOSMO6MQ7MQMOQ9MIOMUMI2MI3MI4MISMIMOI7MIMOI9M2OM2IM22M23M JR 08 0.7 07 0.9 15 1.4 1.7 15 15 1.7 14 1.5 1.4 1.4 15 L 7 2.0 25 25 25 25 25 15 L 5 PP 05 0.7 01 09 1.1 15 15 1.7 1.7 1.7 1.6 1.4 1.4
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      426 48 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -fggr 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 7>VN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8 INDONESIA
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      Page 48 Advertisements Column 2
      678 48 ▲HYUNDAI MERCHANT MAWNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VQY SIN HKG LBH OAK SEA CHI FROM PSW VQY LBH OAK SEA HKC "sill" LALANDIA 34E 2S/0M 30/01 11/09 20/09 Z3/0S 22A» HYUNDAI INNOVATOR 33W 0907 12/07 15/07 02/01 12/01 HYUNDAI CHALLENGER 35E 01/09 06/09 24/09
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      Page 48 Advertisements Column 3
      633 48 AIL SET MAR'iHb IASHiHy CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 NOTICES FAR EASTERN FREIGHT CONFERENCE SARAH. RRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers Congestion Surcharge The member Lines of the above Conferences have been monitoring the berthing situation at the undemoted port and have
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