The Business Times, 20 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 Monday August 20 1990 75*
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  • NEWS SUMMARY
    • Article
      Serbs defy authorities with referendum
      72 1 SERBS in the Yugoslav republic of Croatia defied the authorities yesterday and held an autonomy referendum that has sharpened ethnic tensions and pushed the country closer to civil war. Voting began in the town of Knin near the Adriatic coast after heavily-armed Serbs set up
      72 words
    • Article
      Peru raises wages by 300pc
      52 1 THE government of Peruvian President Alberto Fujimori has decreed a 300-per-cent increase in private-sector salaries, following more than a week of unrest over its draconian economic austerity measures. Labour Minister Carlos Torres announced the decree on Saturday, some 10 days after the government mandated dramatic
      52 words
    • Article
      Aiming overseas
      33 1 SCITECH Medical Products is embarking on multi-million investment projects in pharmaceuticals, diagnostics, disposal products and medical devices. It aims at gaining a foothold in world maricet, including Eastern Europe Page 2
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    • Article
      HK's surplus falls
      34 1 HONGKONG'S first trade surplus with the US shrank 40pc in the first half of this year to USs6Bom from $l.Oib in the first six months, according to US figures Page 10
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    • Article
      Call to end payment
      41 1 TWO Philippine senators have asked the Supreme Court to stop the government from authorising any domestic and foreign debt payments out of the 1990 budget, saying such allotments were unconstitutional. Page 10 GOOD RESULTS STILL EXPECTED 12
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    • Article
      Versatile Domingo
      25 1 J Gordon profiles Placido Domingo who, with 80 operatic roles to his credit, is easily the most prolific tenor around today Page 21
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    • Article
      Bunker fees up
      40 1 FEEDER OPERATORS plying India's east coast ports and two shipping consortia have jumped on the bandwagon of introducing bunker surcharges to defray the higher costs of ship fuel caused by the Gulf crisis. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Eyeing Europe
      30 1 THE Wearnes Group is planning to triple its sales of personal computers (PCs) in the booming European computer market in its second year of business there Page 3
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    • Article
      Appointment criticised
      39 1 THE appointment of a top businessman to head the body overseeing Malaysia's capital market has come under attack from some industry analysts who say corporate players are dominating the group and could pose conflict-of-interest problems Page 3
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    • Article
      Safcol sells stake
      34 1 SAFCOL Holdings Ltd last week announced it had divested its one-third share in Kingfisher Holdings Ltd, ending the giant Australian firm's long involvement in Thailand's third-largest frozen seafood exporter Page 4
      34 words
    • Article
      Credit squeeze threat
      30 1 BELT TIGHTENING at Japanese banks is threatening to lead to a credit squeeze that could force up the cost of borrowing and choke corporate investment Page 8
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    • Article
      Starting Bangkok MRT
      28 1 HOPEWELL Holdings Ltd plans to break ground for its proposed Bangkok mass transit system by late October, according to the company's managing director Page 4
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    • Article, Illustration
      STOCK INDICES
      29 1 Friday Change BT-MGA 687.80 -8.34 Kuala Lumpur ....562.16 -4.55 Hongkong 3,122.64 -60.65 Tokyo 26,786.72 -762.72 Sydney 1542.7 -14.3 Friday Change New York 2644.80 -3.63 London 2176.9 -45.2
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    • Article
      COMMODITIES
      18 1 Exdumg* rates US$ S$ 1.7910 Yen S$1.2142 fWlBIIMMiiltlrtll S$0 6652 Overnight 7 -1/8 3-month. 6 15/16% +1/8
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    • Article
      CURRENCIES
      35 1 Lmdoii Gold PM fix US$411.30 +US$8.90 S'porc Sep.... 158.00«/kg +1.50 Kfsia Sep M236.00'/kg 1.30 KL Tin Turnover 74 tonnes +20 Spot M$l6.(XVkg +0.14 CnMto pata oil Turnover 743 lots -26 Sept M$672 /tonne -4
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  • Article
    Kim Eng to buy second seat on HK exchange
    352 1  -  G K Goh also negotiating for Hongkong seat By Magdalene Ng UNFAZED BY the uncertainty facing the world's stock markets, two of Singapore's listed broking firms are taking advantage of the slowdown in business to look for and make long-term, bargain
    352 words
  • Article, Illustration
    Lock icon Iraq orders foreigners to hotels, accuses US of 'acts of piracy'
    580 1 The Gulf Crisis Baghdad warning on chemical weapons; French naval forces told to use force; Saudis set deadline for Opec Agencies IRAQ yesterday ordered Westerners to go to three hotels in Kuwait and accused US warships of "acts of
    Agencies  -  580 words
  • Article
    Market swings possible
    410 1 ANY CHANGE in the stalemate between the American and Iraqi military forces in the Gulf is expected to precipitate violent swings in the equity and currency markets this week. Should the Gulf crisis get totally out of hand, the Straits Times Industrial Index could be shaved by
    410 words
  • Article
    October date set for signing of Asean-US accord
    413 1  -  Fran Anna Teo in WASHINGTON A TARGET October date has been set for the signing of a framework agreement for the Asean-US Initiative (AUI), mooted seven years ago to encourage expanded trade and investment ties between the two sides. The groundwork is
    413 words
  • Article
    Lock icon EC to disclose plan for absorbing E Germany
    157 1 Reuter WITH LESS than two months to go before East Germany becomes part of the European Community, the ECs executive commission this week unveils its blueprint for accommodating a disintegrating economy of 16 million people. EC experts have been rushing to finalise
    Reuter  -  157 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      300 1 mff MaM In Wm( Oarmwry King of shoes ti -ri-v T Yd Wang Pte Ltd T«fc WWII to: Aircraft Schedule 29 Market Reviews 24 World Stock Markets 26 Commodtoes 28 Regional News 10 Cryptic Crossword 29 SES 22, 23 For market irefces, editorial. Financial News 8 Share Information 24 advertising
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      Page 1 Advertisements Column 2
      206 1 27 Ta*hi M. t |i| i i IC4T* 23M343 7344X3 #91-22 Tm*R> ft i||i I CmM T* *****47 Oil setback: Tougher time for Third World, Pg 1! Gold reserves put at USslsom, Pg 11 India feeder operators impose bunker surcharges, Shipping Times, Pg 1 '1i j w HH V v
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Take Chok Tong's call in right perspective
        126 2 THE First Deputy Prime Minister's recent comment that Singapore must learn a lesson from the Iraqi invasion of Kuwait and take National Service more seriously should be read in the right perspective, said Second Deputy Prime Minister Ong Teng Cheong. He said sensible
        126 words
      • Article
        Soviet team in town
        66 2 THE Moscow City Council arrives in Singapore today for an eight-day study tour. The chairman of the executive committee of the Moscow City Council, louri Louzhkov, and members of his delegation are here at the invitation of Minister of National Development S Dhanabalan to study Singapore's
        66 words
      • Article
        Joint naval exercise
        85 2 THE Republic of Singapore Navy (RSN) and the Flotilla Royal Brunei Armed Forces are scheduled to hold a naval exercise in Brunei, starting today till Aug 27. The exercise the 12th in the scries of annual naval exercises conducted by the two navies is aimed at developing
        85 words
    • Article
      Good times for Cortina Watch
      245 2  -  By Said Abdullah FOR dynamic watch retailing group Cortina Watch Centre, the time for expansion in Singapore and the region has never looked better. Last Saturday, it opened its fourth retail centre in Singapore at Marina Square at a ceremony attended by the Swiss Ambassador
      245 words
    • Article, Illustration
      Scitech invests in new markets overseas
      438 2  -  By Genevieve Cua HOME-GROWN health care company Scitech Medical Products is aggressively investing in a basket of local and overseas projects, aimed at gaining a foothold in such far-flung markets as Eastern Europe. The investments, according to Scitech chairman and chief executive officer Saul
      438 words
    • Article
      SCS wins two Myanmar contracts
      184 2 SINGAPORE Computer Systems (SCS), part of the Singapore Technologies Industrial Corporation group, has won two computerisation contracts in Myanmar worth more than $6 million within a span of four months. In the first project, which was awarded in November last year, SCS was commis- sioned
      184 words
    • Article
      Leica set for expansion with new $12m building
      243 2  -  By Yong Pow Ang THE SINGAPORE subsidiary of the Leica group, a maker of high-tech optical instruments, is poised for expansion with its plan for a $12-million new building at Teban Gardens Crescent. According to Manfred Schuetz, the managing director of Leica
      243 words
    • Article
      Dr Tay encourages Malay students
      267 2 MALAY STUDENTS must become more proficient in English to do better in subjects such as mathematics and science, and hence raise their overall success rate, said the Senior Minister of State for Education, Dr Tay Eng Soon, yesterday. Mendaki and other groups seeking to improve
      267 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      93 2 |R r r Hf rL^^l M wj. IteHw CN JEf £7 Bui ammm hMH jr We're one of the world's major freight carriers with an advanced, all-cargo fleet, including eight 8747 freighters. With our capacity, schedules and routes, we fly anything from sensitive computer parts to cumbersome heavy equipment between
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Wearnes aiming to triple European sales of computers
      461 3  -  By William Chia THE WEARNES GROUP is planning to triple its sales of personal computers in the booming European computer market in its second year of business there. The Singapore-based group, which markets its PCs in Europe through Wearnes Computer Systems GMBH
      461 words
    • Article
      Lock icon Jack Chia still awaiting approval for hotel plan
      172 3 Bernama JACK CHIA Enterprises (Malaysia) Bhd's EAO Hotel expansion project, which involves the reclamation of 100,000 sq metres of land from the Penang coastline, is still awaiting approval from the state authorities, said executive chairman Jack Chia last Saturday. Speaking to reporters
      Bernama  -  172 words
    • Article
      Lock icon OYL Industries turns in M$15m pre-tax profit
      145 3 Bernama OYL INDUSTRIES Berhad has reported a group pre-tax profit of M$ 15.347 million for the 18 months ended June 30, 1990, against M 54.288 million in the financial year ended Dec 31, 1988. Announcing the audited results during the weekend, OYL Industries
      Bernama  -  145 words
    • Article, Illustration
      Lock icon New CIC appointment criticised
      658 3 MARKET TALK Reuter THE APPOINTMENT of a top businessman to head the body overseeing Malaysia's capital market has come under attack from some industry analysts who say corporate players are dominating the group and could pose conflict-of-interest problems. Basir Ismail, chairman of the national oil firm
      Reuter  -  658 words
    • Article, Illustration
      Lock icon Nikko to float two more funds for Asian markets
      385 3 Bernama TOKYO-BASED Nikko Securities Co Ltd is to float two more funds primarily aimed at the Asian securities market. The chief representative of Singapore's Nikko Securities Investment Trust and Management Co Ltd, Mr Hideki Nakatsubo, said in Kuala Lumpur last Saturday
      Bernama  -  385 words
    • Article
      Lock icon Soon Seng plans to seek listing on KLSE for two units
      362 3 Bernama THE SOON SENG group of companies plans to float two of its subsidiaries on the main board of the Kuala Lumpur Stock Exchange by the end of the year. Its chairman and managing director, Mr Tai E King,
      Bernama  -  362 words
    • COMPANY BRIEFS
      • Article
        HK property firm buys 45 Selangor apartments
        69 3 A HONGKONG property company, Mandarin Property Consultants Ltd, has purchased 45 luxury apartments valued at M 55.9 million at the Serendah Golf Resort project being developed in Selangor. The property consultant group is buying the apartments from M K Associates Sdn Bhd, the
        69 words
      • Article
        Dutch Baby profit up 3.9pc
        70 3 DUTCH BABY MILK Industries (Malaya) has announced a 3.9 per cent rise in pre-tax profit to MS 1.81 million on the back of a 2.5 per cent increase in turnover to M$ 107.3 million for the first half year ended June 30, 1990. After taxation,
        70 words
      • Article
        US firm acquires M Titanium
        58 3 AN AMERICAN COMPANY producing pigments and pigment extenders used in the manufacture of paints, industrial coatings and plastics has acquired financially-troubled Malaysian Titanium Corporation Sdn Bhd. Hitox Corporation's vice-president, Thomas Tao, said in Ipoh last Friday that his company was spending about MS4I million to
        58 words
      • Article
        M'sian pay-phone tie-up mooted
        66 3 SYARIKAT TELEKOM MALAYSIA Bhd and Sapura Holdings Bhd may form a joint-venture company to operate a single pay-phone network in Malaysia. The Malaysian Minister of Energy, Telecommunications and Posts, Datuk Sen S Samy Vellu, said in Kuala Lumpur last Friday that the two companies could be
        66 words
    • Article
      Tong Meng holders advised to accept cash offer
      413 3  -  By Yong Pow Ang SHAREHOLDERS of the thinly-traded Tong Meng Industries Ltd have been advised to accept the cash offer of $3 per share. According to financial adviser OCBC Bank, the cash offer provides an opportunity for the shareholders to sell their
      413 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      95 3 A Perfect Choice Ajter a long day... negotiating business deals, shopping or sight-seeing, nothing ir-4i Si beats coming back to a room to rest those m t BC le^s or breaking backsyou can be assured optimum comfort. All our 420 rooms/suites are elegantly designed, there's a fully-equipped business centre, varied
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        San Miguel to issue debt paper
        90 4 BEER-BASED conglomerate San Miguel Corp of the Philippines plans to issue up to three billion pesos in long-term debt paper and I.S billion in short-term debt paper next year to finance an expansion programme. "San Miguel seeks to tap an alternative debt instrument that
        90 words
      • Article
        Fletcher results due
        79 4 PULP and paper producer Fletcher Challenge Ltd will, on Wednesday, report a 1989/90 net profit of about US$lO million ahead of the U*****.4 million in the year to June 1989, said analysts in Auckland. The average forecast in a Barclays Bank monthly survey of 10 brokers is
        79 words
      • Article
        Nippon to buy oil stake
        81 4 NIPPON Mining Co Ltd will acquire 50.5 per cent of a prospective oil and gas permit in Papua New Guinea in a farm-out agreement with operator Command Petroleum Holdings Ltd. MIM Holdings Ltd will also acquire 15 per cent of the permit, PPLS6. MIM and
        81 words
      • Article
        Hardie to cut costs
        100 4 BUILDING products group James Hardie Industries Ltd has started a programme to cut costs by at least US$lO million a year. Managing director David Say told a Securities Institute of Australia meeting in Sydney last Friday that the exercise began in April and reflected expectations of
        100 words
    • Article
      Swilynn close to taking over Teletech
      143 4 SWILYNN International has virtually won its takeover battle for Teletech International by narrowly gaining majority approval from Teletech shareholders, according to the South China Morning Post. The video manufacturer's offer was accepted by 53.21 per cent of Teletech shareholders last week, including the stake
      143 words
    • Article, Illustration
      Lock icon Hopewell plans to start work on Bangkok MRT by October
      753 4 IHT HOPEWELL HOLDINGS Ltd plans to break ground for its proposed Bangkok mass transit system by late October, according to the company's managing director, in a move that would begin to untangle one of Asia's most congested traffic systems. Other
      IHT  -  753 words
    • Article
      Safcol sells its stake in Kingfisher
      442 4 SAFCOL HOLDINGS LTD last week announced it had divested its one-third share in Kingfisher Holdings Ltd, the company which emerged last year from a unique management buy-out, ending the giant Australian firm's long involvement in Thailand's third-largest frozen seafood exporter. According to Thailand's independent
      442 words
    • Article
      Former Jademan boss set to regain control of company
      260 4 !HE former chairman of Jaemaa (Holdings), Tony Wong jChun-loong, is poised to rqam control of $»e company this week after: fighting off several counter-measures by hi? successor. Toiy Zie. The South fiost said that Mr Zie and his associate, Lam KiiHEping,
      260 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      354 4 Would you like a sporting chance to develop the biggest,most exciting property in Singapore? The Singapore Tourist Promotion Board is inviting tenders for the Set amidst the prestigious Tanah Merah Golf Course and East Coast ment opportunity set in Singapore, a city known for its excellent infrastructure, development and management
      354 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      215 5 r <. W'-*v W 3f »>>-.*.. i nTW 4V; v. C < ,x H H H Hri H For those who have attained a certain status in life, there are few positions The 6-cylinder engine, monitored by a digital motor electronic system, fUE UIEUU as comforting as the body hugging
      215 words
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Chrysler offering employee buyouts
        90 6 CHRYSLER CORP, in a bid to reduce workforce levels without lay-offs, is offering an employee buyout plan to its US hourly workforce. "We are asking employees to sign up for the buyout to reduce manpower without resorting to lay-offs," said a spohc—l in Detroit last Friday.
        90 words
      • Article
        PaineWebber plans stock bonus
        82 6 PAINEWEBBER GROUP INC is considering paying part of its management-level employees annual bonuses in stock. Industry sources in New York said last Friday that under one proposal, employees would receive about 10 to 15 per cent of their 1990 bonus in restricted stock, which they might
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      • Article
        Gerber acts to cut costs
        94 6 GERBER SCIENTIFIC INC is acting to bring costs in line with expected lower levels of business through such means as employee reductions, the consolidation of facilities and cost reductions in some operating areas. The company, which has previously predicted that operating results for the second
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      • Article
        McDonnell steps up work
        83 6 MCDONNELL DOUGLAS CORP has accelerated its schedule for engineering development work on the MD-90 twin-engine jetliner. The new schedule would not change the scheduled date for delivery of the first MD-90s from the fourth quarter of 1994, but it would allow the company to complete more
        83 words
      • Article
        Committee's legality questioned
        105 6 THE SIXTH US CIRCUIT COURT of Appeals has questioned the legality of a nationwide committee that 10 federal judges has established to settle asbestos cases, but denied Allied-Signal Inc's bid for a writ to stop the committee from acting, saying the issue was moot. AlliedSignal claimed that
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    • Article, Illustration
      Lock icon Wall St blues go beyond Gulf crisis, say analysts
      557 6 Reuter WALL STREET'S troubles would be unlikely to end even if the Middle East crisis disappeared, say US stock analysts. TTk oil shock has helped hammer the Dow Jones Industrial Average to a loss of more than 350 points in just
      Reuter  -  557 words
    • Article
      Lock icon Investigators support bailout for Trump
      231 6 Reuter DONALD TRUMP has won the support of investigators for the New Jersey Casino Commission of a US$65 million bank bailout, after they concluded his real estate and casino empire was in. "dire financial straits". "We reluctantly agreed to this because there are no other
      Reuter  -  231 words
    • Article
      Lock icon Goldman chief sees continued expansion
      572 6 Reuter THE CHAIRMAN of Goldman, Sachs A Co has said that continued expansion abroad, especially in Europe and Asia, will help drive the securities firm's growth in the near-term in spite of a shaky US economy. "We can export the services that we have which
      Reuter  -  572 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      281 6 GOOD IDEAS KEEP COMING UP Unprecedented clarity. Amaznp pervonnance. ;7.\ The lightest, smallest, full featured The new <*»oice in portables. notebook computer. Only 2 kg in weight, and 34 mm thin. But it packs all the performance What's truly amazing the paper white display (640 X 480 resolution). Text and
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      302 7 If All Cars Are Created i; Equal This Would Be An Impossible Result J OVERALL IST TOYOTA CORONA CD LAWRENCE DANA (INDIVIDUAL) LEMUEL DANA 2ND TOYOTA CORONA CD D KRISHNAN TIMOTHY SCHULZ OVERALL IST TOYOTA COROLLA 1.3 THAM KUM MENG (TEAM) AARON TAN TOYOTA CORONA CD CHAN CHEE KWONG MARVIN
      302 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        UOB relocates Lee Wah branch
        41 8 THE United Overseas Bank (UOB) group has announced the relocation today of its Lee Wah Bank (LWB) Penang Road branch to Singapore Shopping Centre, #01-12/16 Singapore 0923. The branch will be renamed LWB Dhoby Ghaut branch.
        41 words
      • Article
        Chase's dividend safe
        38 8 CHASE Manhattan Corp's dividend is safe, but the main source of those dividend payments will be credit card operations not its large bank unit, Chase said in a filing with the Securities and Exchange Commission.
        38 words
      • Article
        Salomon lowers ratings
        39 8 SALOMON Brothers Inc analyst Tom Hanley said he lowered the ratings and earnings estimates of Bank America Corp, Wells Fargo and Co and First Interstate Bancorp based on expectations of a slowdown in the California economy.
        39 words
      • Article
        MHT's Swiss branches to close
        34 8 MANUFACTURERS Hanover Trust Co will close its branches in Zurich and Geneva as pari of Manufacturers Hanover Corp's global restructuring of its wholesale banking business, a local official said.
        34 words
    • Article, Illustration
      Lock icon Tokyo banks risk facing credit squeeze
      651 8 Reuter BELT TIGHTENING at Japanese banks is threatening to lead to a credit squeeze that could force up the cost of borrowing and choke corporate investment. Bankers say Tokyo's stumbling financial markets are forcing them to cut back lending in an attempt to meet
      Reuter  -  651 words
    • Article
      Lock icon ABN, Amro merger set to succeed
      382 8 Reuter THE share offer for one of Europe's biggest bank mergers, joining Algemene Bank Nederland NV and Amster-dam-Rotterdam Bank NV, closed on Friday and dealers and analysts are confident it will succeed. The banks last month agreed to merge and asked shareholders to swap
      Reuter  -  382 words
    • Article, Illustration
      Lock icon Australia urged to let in more foreign banks
      246 8 AFP AUSTRALIA should stop restricting the number of foreign banks allowed to operate in Australia, European Commission vice-president Leon Brittan said. Sir Leon told reporters his views had received a "sympathetic hearing" from officials. "It's difficult to see why there should be
      AFP  -  246 words
    • Article
      Lock icon East German bank to raise another 5b marks
      205 8 AFP THE East German Staatsbank Berlin is to raise five billion deutschemarks (US$3.2 billion), taking the total amount borrowed by the bank since July 30 to 18 billion marks. This is equivalent to about two thirds of the 25 billion marks in
      AFP  -  205 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      104 8 Bh fe' l v W^a There are eight renowned seafood restaurants f in town, we have it all under one roof at I UDMC Seafood Centre T BEDOK SEA VIEW SEAFOOD TEL: *****23 CHIN WAH HENG SEAFOOD TEL: *****67 EAST COAST PARK LIVE SEAFOOD J_JVJ|/V TEL: *****20 Tk, M[- GOLDEN
      104 words
    • Advertisement
      Page 8 Advertisements Column 2
      230 8 Your Chance To Find Out The Latest In The Seafood Scenario Be It In Products, Equipment, Machinery, Packaging Technology. Yes! It's Got To Be Seafood Asia '90 Exhibition Conference. asm'9o y THE 2ND INTERNATIONAL. EX! TOON THE SEAFOOD WOUSTRY Over 60 companies worldwide are gathered under 1 roof to display
      230 words
  • Page 8 Miscellaneous
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      98 9 I iff" most of us have vv ives and kids to go home to. I lie tact is there s mote ;ji ind than, glamoui to ir i- ii>b \<ui ve ;j»>t lo do homework. (A fid that's late niizhtson eot tee not cognac). It means constant 1> searching toi
      98 words
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  • THE REGION
    • NOTE BOOK
      • Article
        Singapore-Myanmar store opens in Yangoon
        76 10 A SINGAPORE-MYANMAR joint venture on Friday opened a store selling electronic goods in the capital of Yangoon, state-run Yangoon Radio said. The privately run Y C Enterprise of Myanmar and Singapore-based Daichi Trading Company set up the store to sell household electronic goods. The store
        76 words
      • Article
        Saudis to supply oil to Taiwan
        89 10 SAUDI ARABIA has cancelled a cut in its oil supply to Taiwan, saying it will continue to supply oil at full capacity to the island in September, the state-owned Chinese Petroleum Corporation (CPC) said on Saturday. Company spokesman Kuo Yung confirmed CPC had received
        89 words
      • Article
        Jakarta seeks other oil sources
        92 10 INDONESIA is seeking alternatives to replace its crude imports from Iraq, halted last week. under UN mandated economic sanctions. The Antara news agency on Saturday quoted the president director of the state oil and gas company Pertamina, Faisal Abda'oe, as saying other crude sources were
        92 words
      • Article
        Dumping ruling against Taiwan
        81 10 THE US Commerce Department ruled on Friday that sweaters made of synthetic fibres in Taiwan were being dumped at less than their fair market value in the US. This follows similar rulings about synthetic fibre sweaters made in Hongkong and South Korea. The Hongkong ruling was
        81 words
      • Article
        Manila puts off reforms
        69 10 THE PHILIPPINES said on Friday it was delaying a planned oil deregulation scheme and was considering putting off a tariff reform programme as the country's 1990 economic growth forecast was drastically lowered. Economic Planning Secretary Cayetano Paderanga said gross national product (GNP) growth, which was 5.7
        69 words
      • Article
        Seoul's pollution laws flouted
        57 10 SOUTH KOREA'S strict environmental protection laws are often circumvented by both small and big businesses, a report released by the Asian Development Bank (ADB) in Manila on Saturday said. The report, by the Korean Development Institute, noted that South Korea's environment was threatened by industrialisation, particularly
        57 words
    • Article
      HK's trade surplus with US falls
      563 10 American deficit drops to USssb, the best in more than seven years HONGKONG*s trade surplus with the United States shrank by 40 per cent in the first half of 1990 to US$6BO million from US$l.Ol billion in the first six months of 1989 according
      563 words
    • Article, Illustration
      Lock icon Business as usual
      53 10 It's not a floating market but a flooded street ii Manila which hawkers turned into a vegetable market yesterday. Heavy rains spawned by a typhoon caused flooding in many parts of the Philippine capitnl while strong winds toppled electric posts, blacking out power in some areas. Renter
      Reuter picture  -  53 words
    • Article
      Lock icon Seoul expects cheap labour from reunification
      193 10 AFP SOUTH KOREA expects to gain raw materials and cheap labour from an eventual unification with communist North Korea, but cannot afford to rebuild Pyongyang's battered economy, analysts say. Unification is not seen as possible in the near future, though it is the stated
      AFP  -  193 words
    • Article
      Lock icon Manila court urged to block debt payments
      286 10 Reuter TWO PHILIPPINE senators have asked the Supreme Court to stop the government from authorising any domestic and foreign debt payments out of the 1990 budget, saying such allotments were unconstitutional In a petition, filed last Friday with the Supreme Court, Teofisto Guingona
      Reuter  -  286 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      163 10 "MT r A fi mil inr 1 i What South Korea's Despite strikes and other disruptions, South Korea's winning streak isn't over yet. High-risk ventures there still bring high returns. And relations between North and South Korea could be on the verge of a breakthrough. Mr Roh Tae Woo has
      163 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Tougher time for Third World in latest round of oil price rises
      725 11 The Gulf Crisis NYT ALTHOUGH SMALL com- pared with the immense jumps in the *****, recent > increases in the price of oil could create much greater hardships in dozens of Third World nations because their economies are
      NYT  -  725 words
    • Article
      Lock icon Kuwaiti central bank gold reserves put at US$150m
      480 11 Reuter KUWAITI Finance Minister Ali Khalifa al-Sabah said in Brussels during the weekend that the gold reserves in the central bank, rumoured to have been looted by Iraqi troops, amounted to less than US$l5O million. He added that the reserve was now
      Reuter  -  480 words
    • Article
      Lock icon Pentagon may want to use commercial aircraft
      293 11 NYT COMMERCIAL airlines could be required to divert jumbo jets from scheduled service in order to assist in an expanded airlift of American forces to Saudi Arabia, but the Pentagon has not yet ordered such a move, airline officials say. Most of the
      NYT  -  293 words
    • Article
      Lock icon Brazilians repatriating capital: minister
      181 11 Reuter BRAZIL'S economic policies have caused its citizens to repatriate capital, said Economy Minister Zdia Cardoso de Mello last Friday. "We have had a return of money to Brazil since the beginning of our economic plan," Cardoso said. She made the comments in discarding an assertion
      Reuter  -  181 words
    • WORLD WATCH
      • Article
        Peruvian miners' federation on strike
        61 11 PERU'S 70,000-member miners' federation is going ahead with a two-day strike from today in sympathy with striking zinc miners. A federation spokesman said last Saturday that the stnice would coincide with an indefinite walkout by workera at state metals mining and refining firm Minero Peru.
        61 words
      • Article
        Brazil to skip debt payments
        81 11 BRAZIL does not plan to make payments on its foreign bank debt this year, says its Economy Minister. "At this moment, we are not thinking about it," Mr Zelia Cardoao de Mello said last Friday when asked if Brazil planned on making interest payments this
        81 words
      • Article
        China's gold output up 34pc
        83 11 CHINA s gold output in the first seven months of year rose by a record 34 per cent on the same period year, the China Daily said yesterday. China, one of the world's major gold producers, has never revealed its annual production total, estimated at
        83 words
      • Article
        S African firm discovers oil
        68 11 SOUTH AFRICAN oil exploration company km announced a major offshore oil find some 100 km south of the Cape coastal town of Mossei Bay. Soekor said last Friday that the discovery was yielding 7,700 barrels a day. Tests recorded 3.4 million cubic feet of gas
        68 words
    • Article
      Lock icon China's deficit set to worsen
      191 11 AFP CHINA'S budget deficit is assuming alarming proportions this year as businesses continue to be affected by the sluggish market, the China Daily said yesterday. Some Chinese economists say that state spending is increasing much faster than revenues, and warn against a deficit for 1990
      AFP  -  191 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      273 11 Chart your course to a buoyant market! Boat Aquasports '91 Regional professionals currently If you are a manufacturer, Tk fil c* enjoying higher standards of living distributor or retailer of boats, Ine sth bingapore are contributing to an emerging aquasport products or services, International Boat Show leisure trend boating and
      273 words
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      Page 11 Advertisements Column 2
      163 11 ■ft I Dowager have longed for I recipes and v I new cuisine that have >een aspired since. Tlngll Hall, located on Longevity Hill the Summer Palace was where the Empress Dowager used to enjoy fine Since 1949, Tlngll Hall Restaurant °P ene d its doors and its famous royal
      163 words
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  • ANALYSIS
    • Article
      Lock icon Turkey struggles to find a place in the new Europe
      790 12  -  Turkey, which faces both major internal and external policy challenges, fears it could be left out by Europe and forced into the cauldron of Middle East politics, reports John Owen-Davies John Owen-Davies Reuter RARELY has secular but mainly Muslim Turkey,
      Reuter  -  790 words
    • Article
      Still tipped to turn in good results
      1041 12  -  Magdalene Ng reports on the 1990 full-year forecasts for the Big Four local banks Magdalene Ng DESPITE disappointing first-half results and events in the Middle East which may have a negative impact on banks' earnings here, the Big Four local banks are still
      1,041 words
    • Article, Illustration
      Lock icon Crisis in the Middle East puts US Federal Reserve on the spot
      823 12  -  Inflationary pressures in the US economy have been increased by the rise in oil prices following Iraq's invasion of Kuwait. How much can the Federal Reserve afford to ease monetary policy, asks Martin Dickson. Martin Dickson FT AMONG
      FT  -  823 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      105 12 M 4, 4 .> -i t. i p ;;> < m Dauphin Sitzkultur Ahealthy backbone is essential FOR PERFORMANCE. i Distinguished design and hiahquality materials express the identity of a company: Mastorline o programme chairs mode in West Germany. MastorLino promotes pleasure and motivation for one's works, thus enhancing performances.
      105 words
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      603 13 Wm Hi f m9^fl' fl'a^l^B'f 1 I l MW w fll 1 ■Hp wyP ffl^^ ■■■tow.. 1 VIPfl SV« ssj-'lV'< f B-^S^H' LHL^H y||L >■: I__ m MM a 1 Am °> io K) M m TT j_ I """BHIi K BBfci H 111 BHII HI M v I /■lil||l
      603 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Lock icon A factory of fleeting fashions
      785 14  -  Simon Holberton on a report on US management consultants Simon Holberton FT Management consultancy is one of the most heterogeneous of all the service industries. It embraces information technology to executive remuneration, manufacturing systems to marketing and service delivery and much more. In the US,
      FT; Source: Alpha Publications  -  785 words
    • Article
      Distancelearning PR degree course
      237 14 AN international public relations graduate degree through dis-tance-learning will be offered in Singapore next year. The three-year programme leading to a Master of Science (Public Relations) degree is to be launched by Scotland's University of Stirling. Worldwide, the university is expecting 40 students for the first
      237 words
    • Article
      66 through in Mgt Game
      73 14 SIXTY-SIX of the 110 teams participating in the National Management Game have made it to the second round, which starts on Wednesday. A team from Electrolux SEA Pte Ltd was the best performer in the first round. It won a prize for achieving the highest
      73 words
    • Article, Illustration
      Motivating employees to improve processes
      684 14  -  SPOTUGHT ON MANAGEMENT Peter Feong Peter Foong is a consulting manager at Ernst and Young Consultants Pte Ltd WHEN you are reluctant to question the way things are done in your company, it is often a sign that the processes and procedures which have become
      684 words
    • Article
      MEMOPAD
      281 14 Seminars ind courses Dmdoa TWe V«w Q| il Td Aug 20 The Business of Marketing Goodwood Park Ewing 7390)00 Hotel f«nmyiiir«tiniM Pte Ltd Aug 20-21 Time Management RGA Training Roger GiQ A *****60 for Managers Centre Associates Aug 20-22 SIM Course Leaders' Management Singapore *****66 Course House Institute Of
      281 words
  • Page 14 Advertisements
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      319 14 jgN it n nt) TAT LEE FMANCE LTD. (InoofpomM in the Repubftc oI Singapore) The Board of Dlrectore off Tat Loo Rnane* Limltod wfahes to announce: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 1990 HALF YEAR TO 30/6/90 30/6/89 lncrease/(decrease) $•000 $*000 rooo Oparatlng Ravanua 9,589 6,961 2,628
      319 words
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      Page 14 Advertisements Column 2
      30 14 Management Consultancy Sl# I I I T r 1/ Seminars And Training Kill I Business Assistance II I L' L I 11 Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing
      30 words
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      Page 15 Advertisements Column 1
      530 15 throughout the remarkable 67-year C weekly flights from Singapore K) history of the development of Europe via Moacow with convenient Soviet civil aviation, Aeroflot has made flights to Delhi, Dubai and Tashkent rapid advancement in the world of air E H transportation. Ry Aeroflot and join us in ushering in
      530 words
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  • SPORTS
    • SIDE LINES
      • Article
        Putra Cup tees off this week
        62 18 THE 30th Putra Cup, sponsored by Johnnie Walker, will be contrrtH from Aug 22 to 25 at the Tanah Merah Country Club. Top amateurs from Brunei, Hongkong, Indonesia, Malaysia, Myanmar, Papua New Guinea, the Philippines and Thailand will be present. Singapore will be represented
        62 words
      • Article
        Middlesex in strong position
        94 18 FORMER England off-spinner John Emburey returned his best figures of the season on Saturday to put English County Championship leaders Middlesex in a strong position against Derbyshire. He exploited sharp turn and bounce to take five for 32 from 18 overs as Derbyshire subsided from the
        94 words
      • Article
        A princely stadium
        111 18 A MINOR LEAGUE English soccer club opened its season on Saturday in a new stadium literally fit for a prince. The Prince of Wales, the heir to the British throne and a devotee of architecture, suggested several structural and cosmetic changes that were adopted in the design
        111 words
      • Article
        Rhythm's got it
        124 18 RHYTHM moved into contention at the top of the stretch and went on to win the Travers Stakes by 3 1-2 lengths on Saturday on a hot muggy day at Saratoga, Go And Go, the of. in mii Sfrifi* winner, was fourth midway through the final tun
        124 words
      • Article
        Marcussen crash lands
        66 18 VETERAN Dane Michael Marcussen crash-landed after a tyre blowout during high-speed practice in Japan yesterday, but his hopes of winning the world cycling-championship pro points rase are riding high. "I am fine. No problem," said 35-year-old Marcussen, his shorts shredded on the right side, as he limped
        66 words
      • Article
        Shiotani scores third win
        68 18 IKUYO Shiotani of Japan shot a one-under-par 71 yesterday for a six-under-par 210 total and won the 45-million yen (US$300,000) Itoen Ladies Golf Tournament by two strokes. It was the 28-year-okl Shiotani's second victory this season add third in her career. Shiotani carded five birdies and
        68 words
    • Article, Illustration
      Lock icon Becker rallies to beat Berger
      861 18 Agencies TOP-SEEDED Boris Becker trailed 0-2 before winning six of seven games in the final set to beat No 4 Jay Berger 6-4, 6-3 in the semi-finals of the US Hardcourts Championship on Saturday. Becker advanced to yesterday's final in his only hardcourt event before
      Agencies  -  861 words
    • Article
      Hassan wins first national title
      313 18  -  ■y Cassandra How THE miserable turnout at th»" Kallang Tennis Centre didu not dampen the fighting spirit of a determined Hassan; Bohari to win his first al title at the Oris Watch tional Tennis *90 yesterday. Far from being intimidate ed by the lack of
      313 words
    • Article, Illustration
      Lock icon Navratilova downs Garrison
      520 18 AP TOP-SEEDED Martina Navratilova suffered a secondset collapse but came back to defeat No 4 seed Zina Garrison 64), 6-7, 6-4 in the semifinals of the Virginia Slims of Los Angeles tournament on Saturday. In yesterday's final of the U*****,000 event, Navratilova was to face No 2
      AP  -  520 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      47 18 Alarm, Edition) m.nm marketing agency (Singapore) pte ltd (A mtmtm ol the Transmarco Group of comprnms) H Singapore Maiaysta. Indonesia and Brunei Iwitw C—H: 111 Out ram Road #03-06 T»n Boon Liat Building Singapore 0316 T* 222 2277 (4 tines) Fax (65) *****51 Available at Authorised Witch
      47 words
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      Page 18 Advertisements Column 2
      157 18 f" 1 y it i Keep yourself constantly informed of the latest developments in Japan's Steel industry by iHutarty subserving to $opon 'z JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, .1. accurate and authentic news on principal events r: in Japan's iron and
      157 words
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  • THE ARTS 1
    • Article
      All-Beethoven concert launches new series
      710 19  -  Last week saw concerts given by the Singapore Symphony Orchestra, the Temasek Ensemble and Malaysian-born pianist Dennis Lee. P Y Van files in these reviews, as well as a protest against the many extraneous noises that were also heard in the concert halls along with
      710 words
    • Article, Illustration
      Intelligent and intimate
      578 19 DENNIS LEE'S recital on Saturday in aid of the Singapore Children's Society was a very intimate, companionable and sociable affair. "Quiet and gentle in demeanour, Lee introduced eadi piece to the audience personally, placing the work in its historical context and giving a little insight into his
      578 words
    • Article
      A show of self-assured equanimity
      457 19 WHILE OTHERS of her age wrestle with multiplication tables and the mysteries of grammar, Lee Huei Min, at seven years of age, is a veteran on the concert platfarm. This talented little Singapore violinist, in concert with the Temasek Ensemble at the Singapore Conference Hall
      457 words
    • Article
      A little less noise at concerts, please
      473 19 AUDIENCES in Singapore are generally well behaved, warm and appreciative, though perhaps not overly demonstrative. Pianist Dennis Lee remarked in a recent interview that he was glad to see music reaching out to more social levels. However, in Singapore, music also reaches a
      473 words
    • Article, Illustration
      A most versatile voice
      1007 21  -  "J Gordon profiles Placido Domingo who, with 80 operatic roles to his credit, is easily the most prolific tenor around today J Gordon EVEN among opera singers, tenors are considered eccentric beings. While difficult sopranos are easily and gleefully dismissed by some on the sexist credo
      1,007 words
    • Article
      Lock icon This thing called dance
      778 21  -  The terms 'ballet', 'dance' and 'choreography' resist easy definition, for the arts to which they refer are constantly developing, writes Jack Anderson Jack Anderson NYT CHOREOGRAPHERS choreograph dances. Dancers dance dances. Ballet dancers dance ballets. Those statements are not quotations from a first-grade reader for young
      NYT  -  778 words
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      842 19 f /BayerischeLandesbank r l Gkotentraie I rr rmmm irrrn nni nirr ninr rn it urn rwrri wii mn ll I (Flaunt in DM MMonBl HIHHHI 1 y MIW| I ASSETS 1900 LiAMJTCS. 19eo ■> Crtfcndi 702.9 Duilo BMilin savings banks 14,281 J I Ms of Exchenge 151.6 Duo from Bavarian
      842 words
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  • Page 20 Advertisements
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      893 20 to wine, dineTTT^^ -asaasa— i...,. ITALIAN MASTERPIECES AT PREGO! Take your taate buds on a delightful journey through the iiMpinil Italian dishes of the renowned chef, Paolo Veneni. Try hk award-winning yeciakiet at Prego from August 13 to 26 in a special celebration of the best in Italian cuisine. For
      893 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      633 20 TELEVISION AND RADIO -YT corin 8.30 M tta Tn KIH Eliza- F Chicane Kane sy^vzs gjg k«rnal Ra- i 4J> fcn Mtalk(M). Financial News ill »ain iwriii what he intends to do with it 4_M Thp c tnm J X part (Documentary). (Last ep). SSIT MMO S, 9L4 alb li
      633 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      236 21 AND ENTERTAIN jl 1 I >z i Tempting Treasures j From The Deep. > PROMOTK>N 30P The tempting Fish and Oysters Promotion is on every night from August 7to 25, at the I Hubcrtus Grill. We guarantee you'll fall for it, hook, line and sinker! i A@ I Century Park
      236 words
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      Page 21 Advertisements Column 2
      325 21 NOTICE NOTICE IS HEREBY GIVEN that, I CecUe Wu of No 253 Arcadia Road #02-18 Singapore 1128, have applied for a First Class Public House licence in respect of premises at M/s Memory Lounge at 80 82 Tai\jong Pagar Road, Singapore 0208, and that this application will be heard in
      325 words
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      Page 21 Advertisements Column 3
      93 21 Chinese cuisine, best of Thai. |L. J\? Over 120 mouthwatering specialities [Aju|VvN[ and an array of irresistible Thai desserts. HBSEATuace RESTAURANT Bd3 Orchard Road 101 Thomson Road Hoi-16 Forum GaAena #B1 -55 United Square 0923 Singapore 1130 Tat: 732 5688 Tel 252 5830 R**********515M51 SPECIAL OFFER ***************8fi HOME OF SZE-CHUAN_
      93 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares move in tandem with Gulf developments
      4916 22  -  By Abdul Hadhi THE ONGOING Gulf crisis continued to depress the Singapore stock market last week, with share prices seesawing on nervous trading. Dealers said sentiment was jittery and many institutions were sidelined and were adopting a wait-and-see attitude towards the Gulf crisis.
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4135 23 Gold Com IK 38 +23.1% 474 +24 3.3% Am Pacific 900 +15 +1.7% SPH 713 +13 +2.1% FELS 30* 693 +13 2.2% Snmhina AXkd 411 +14 +3.9% Jwoag Ship 30* 720 +10 +1.4% Prima 370 +10 1.8% Aetna 222 +9 4.2% Fir* Capital 160 +9
    4,135 words
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  • MARKET REVIEWS
    • Article
      Lock icon War fears engulf Wall Street
      813 24 Dow lOpc below the 3,000 level it nearly breached a month ago FT A GENERAL LOSS of power darkness descended on US markets last week, metaphorically and in fact. The massive power failure which brought swathes of Manhattan's financial district to a hah last Monday
      FT  -  813 words
    • Article
      Lock icon Nikkei average hits a 28-month low
      410 24 AFP UNCERTAINTY in the Gulf sent share prices bouncing wildly in thin trading on the Tokyo Stock Exchange last week, with the Nikkei average hitting a 28-month low. The 225-issue Nikkei Stock Average dosed out the week at 26,786.72 yen, down ***** yen or
      AFP  -  410 words
    • ASIAN MARKETS ROUNDUP
      • Article
        JAKARTA
        114 24 PRICES picked up slightly amid more active trading on the Jakarta Stock Exchange (JSE) last week but local investors and speculative traders continued to divert capital to the money market. The JSE index fell one cent from the 391.969 of the previous week to 585.150 at the closing on
        114 words
      • Article
        TAIPEI
        120 24 SHARE PRICES on the Taiwan Stock Exchange ended mixed last week as the standoff in the Gulf continued to cloud the Taipei bourse. Further extending the previous week's 20.16 per cent collapse, the 216-issue weighted price index dipped 84.22 points or 2.06 per cent to finish the week at
        120 words
      • Article
        Lock icon SYDNEY
        115 24 AFP PLUNGING offshore markets and the tension in the Middle East pushed the Aus- tralian stock market down during the past week, brokers said. The main market indicator, the All Ordinaries Index, shed 26.1 points to 1,542.7. One broker said the fear of war in the Middle East and
        AFP  -  115 words
    • Article
      Share prices succumb to selling pressure
      835 24  -  By Ray Heath THE COLLECTIVE NERVE of the London stock market began to shake last Friday. After days of steely resistance to the implications of the Middle East crisis, share prices slumped on Friday, sending the Financial times Stock Exchange 100 Index down 45.2
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    • Article, Illustration
      Lock icon Hang Seng Index rises in nervous trading
      1069 24 DBS Securities SHARE PRICES rose on the Hongkong stock market last week despite uncertainty over tensions in the Gulf, with the Hang Seng Index gaining 43.67 points, or 1.4 per cent, to close at 3,122.64 on Friday. Average daily turnover, however, dropped sharply
      DBS Securities  -  1,069 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      275 24 II SENIOR EQUITY PORTFOLIO I (Salary Above Ssloo,ooo p.a.) To meet the rapid growth of our regional Investment management business In Singapore, we are looking for a high calibre individual to join our team of investment professionals. This is a newly created Vic# President position, and the successful candidate will
      275 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Mid-week rally fizzles out amid uncertainty
      4002 25 MBT THE MID-WEEK vitality on the Kuala Lumpur stock market last week failed to gain momentum amid uncertainty in the Gulf and prices fell slightly lower on the week across the board in volatile trading. Dealers said the crisis in West Asia and rising
      MBT  -  4,002 words
  • Page 25 Advertisements
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      377 25 /fcjjN SR m***ps ti I PAN MALAYAN HOLDINGS LIMITED (inoorporaM v> w inpuoac oi Bwppwf The Board of Directors of Pan Malayan Holdlnga Llmitad wlshaa to announca UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 1990 GROUP COMPANY HALF YEAR TO HALF YEAR TO 30/6/90 30/6/88 lncrease/(Decreaae) 30/6/80 30/6/88
      377 words
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  • WORLD STOCK MARKETS
    • Gulf fears send US blue chips sliding
      • Article, Illustration
        NEW YORK
        946 26 US STOCKS buckled under the weight of fears over festering tensions in the Middle East, sending blue chips down more than 60 points last Friday before a late rally cut those losses nearly in half. Short-covering and buying Jinked to the expiration of certain options and futures contracts
        946 words
      • Article, Illustration
        LONDON
        1192 26 BRITISH SHARES closed marginally above their lows on the day although the FTSE 100 index was 2.03 per cent down last Friday in line with falls on markets around the world. "There's been a lot of selling with the weekend coming up," one dealer said. "People are unwilling to
        1,192 words
      • Article
        INDICES & TURNOVER
        84 26 INDICES TURNOVER NEW YtMX Close Plwlns Aug 17 Dow Jones NYSE Finai* SAP 500 Turnover (mi aal Uion) 2644.10 2,611.44 NA 129.21 NA 332.39 216.6 1319 •36.63 +77J tMMM Financial Tin FTSE 100 Turnover (mi »ea 30 Ibon) ***** 2176.9 NA 1724.9 2222.1 375.4 -46.0 -45.2 UUIUDA CBS General M
        84 words
      • Article
        FRANKFURT
        281 26 THE FRANKFURT DAX share index hit a 1990 low at 1,665.88 last Friday on continued worries about the impact of Gulf conflict on prices, interest rates and economic growth. German shares followed the trail mapped out by Wall Street and Tokyo as operators saw increased chances of the Gulf
        281 words
      • Article
        JOHANNESBURG
        430 26 GOLD SHARES in Johannesburg ended firm last Friday, propped up by a rebound in volatile world bullion prices to around US$4lO an ounce again as the Middle East crisis worsened, but were off their highs of the week in cautious trading ahead of the weekend. After a brisk opening
        430 words
      • Article
        ZURICH
        385 26 SWISS SHARES closed* lower last F& day as the Gulf crisis, signs of a weakening of the US economy and higher bond rates weighed on the market, deal? ers said. t l The All-Share SPI Index feU 24.* points or 2.25 per cent to 1,037.4. The index had ended
        385 words
      • Article
        TORONTO
        196 26 TORONTO STOCKS closed slightly weaker last Friday, dragged down by a sharp sell-off on Wall Street, dealers said. Natural resource shares, exduding oil and gas, slipped due to the strong Canadian dollar, which continued to dimb in spite of a cut in the prime rate, they added. The composite
        196 words
      • Article
        MILAN
        262 26 THE ITALIAN share price index tumbled 3.8 per cent last Friday to a new low for the year mirroring the stampede to sell seen on other European bourses, brokers said. "Really it is the same story as elsewhere fear the Gulf could explode any moment along with worries about
        262 words
      • Article
        Untitled
        342 26 Other markets in Europe, South Africa and Canada Amsterdam Aag 17 Fb ABN 32.30 -0.8 Aeaor 115.20 -2.4 Ahold 124.20 -3.5 Akzo 98.90 -2.5 Alrenta158.50 -0.2 AMEV 49.20 -1.3 AMRO 6460 -1.5 Am. Sud 44.50 -0.5 BOLS 177.00 -3 Borsumy 83.00 -0.3 Buehrman Tetterode.... 61.20 -3.2 CSM 80.30 -1.7 Dtf
        342 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Greenback bears brunt of selling
      224 27 FOREX MARKET REPORTS t"HE foreign exchange martet was engaged in a relentless selling attack on the dfcUar last week. The US dollar dropped to traded low of 1.5460 against the mark of Friday, -r It slipped further against the Swiss franc after hitting a 2&-year
      Source: TeleTrac  -  224 words
    • Article
      Lock icon US$ weakens against Asian currencies
      761 27 ASIAN CURRENCIES AFP ftlE US dollar weakened last week Against most Asian currencies as investors shied away from dollars in spite of the continuing Gulf crisis. h The dollar lost more than 1.5 per cent of its value against the Japanese j&n, to end the
      AFP  -  761 words
    • Article
      INTERBANK FOREX RATES
      394 27 Cross rates Au»i8 USS S$» MS* Dm Yen SFr A$ NZJ "USS 1.7948 2.6930 1.5505 147.70 0.5208 1.2840 1.2347 1.4925 Jf 0.5572 1.5004 0.8658 0.8235 0.2919 0.7187 0.6913 0.9001 -MS* 0.3713 66.65 0.5771 0.5488 0.1945 0.4790 0.4607 0.5999 Dm 0.6450 1.1550 1.7329 95.26 0.3359 0.8281 0.7963 0.9626
      394 words
    • Article
      MONEY MARKET
      541 27 Q1J- Interbank rates S$ Bid Offer Overnight 7 7 1/4 1-month 6 15/16 7 1/16 -2-month 6 15/16 7 1/16 3-month 6 15/16 7 1/16 Overnight mode: 7 3/8 -TT3S High L>w 7 days 8 8 l/b —f-month 8 8 1/8 2 months 8 8 1/8 3 months
      541 words
    • Article
      Lock icon US forex trading assumes bigger role in major banks
      477 27 Reuter FOREIGN exchange trading in US is playing a bigger role in major banks' earnings as traditional lending shrinks, analysts said, and they expect such activity to remain important for banks. Moreover, most of the analysts do not foresee the prominence
      Reuter  -  477 words
    • Article
      Lock icon Gulf uncertainty gives a shine to Treasury securities
      426 27 Reuter UNCERTAINTY about the outcome of the Middle East conflict and inflation worries have pushed up yields of Treasury securities to levels that should lure investors, some traders said. The benchmark 30-year bond yield has risen to just shy of 9 per
      Reuter  -  426 words
    • Article
      Lock icon Spot gold rises past US$400 mark
      452 27 GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion TRADING in precious metals was highlighted by spot gold's effortless rise past the US$4OO mark last week. Relentless buying, linked to the volatile Gulf situation began at last Monday's Hongkong low of U*****.80/U*****.30, was temporarily frustrated at
      Sin Huat Bullion  -  452 words
    • Article
      FINANCIAL FUTURES
      304 27 Li'iulii Aug 17 MunnuKS(ioooz) Open High Low Settle USS/OK Change Auf 41 Sep 41 Oct 41 Dec 41 Feb 4; Aor 41 50 60 00 70 50 50 80 00 50 50 50 .50 j .00 409.60 .50 410.60 .50 413.20 .30 418.30 00 422.40 .00 426.40 +0.40
      304 words
    • Article
      PRIME LENDING RATES
      507 27 BANKS ABN Bank 8V1 Allied Irish Bank PLC 8* American Express Bank tv> Am'Dam R'terdam Bank 8W. Arab Corp 8.625 Arab Bank Ltd 7V. Asia Commercial Bank 7Vi ANZ Banking Group 8* Ban Hin Lee Bank 8 Banca Commerciale 8V» Banco do Brasil' 8V. Bangkok Bank 8V.
      507 words
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  • COMMODITIES
    • Article
      Lock icon Saudis get support for urgent talks on output
      405 28 Reuter SAUDI ARABIA received important support from fellow Opec member Venezuela in calling for immediate talks to raise oil output and prevent a price shock. But Opec sources and Western oil analysts said the world's biggest oil exporter seemed set to go
      Reuter  -  405 words
    • Article
      Lock icon US firms absorb higher oil costs
      208 28 Reuter US oil companies, sharply criticised for raising gasoline prices after Iraq seized Kuwait, will absorb high oil costs in the short-term as they curry favour from consumers, industry sources said. Major oil firms now.have slowed or halted gasoline price increases after President Bush
      Reuter  -  208 words
    • Article
      Lock icon Soviets make huge gold sales
      114 28 Reuter RUSSIAN Federation Justice Minister Nikolai Fyodorov said the Soviet Union had dumped US$l billion worth of gold on Western markets in the space of a week or two. Mr Fyodorov said news of the sales had been published recently in a service of the
      Reuter  -  114 words
    • Article
      Lock icon Gulf crisis continues to dominate oil, gold markets
      897 28 REPORTS AFP OIL AND GOLD markets continued to be dominated by events in the Gulf over the past week, and registered marked gains as no solution to the crisis appeared. Prices rose when the United States and Britain showed their resolve to
      AFP  -  897 words
  • Article
    PRICES
    1063 28 Kuooer Sccnti/kg Int 1 RSS Close Aug 13 156.75 Aug 14 157.25 Aug 15 156.50 Aug 16 156.50 Aug 17 158.00 ■nKWhyw) Mccott/fcg Int 1 RSS Close Aug 13 234.50 Aug 14 235.00 Aug 15 234.00 Aug 16 234.50 Aug 17 236.00 m— E225?a Clot Previous 1 RSS Sep
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1082 29 a* F%M eta n*t ETD in-"-QF81 1900 SQ225 2215 ar SQ228 1915 RJ182 1445 RJ183 2320 Aastar^aai KL841 1055 GA892 0110 SQ23 1200 QF005 2230 AacMaatf TE26 1800 TE26 1920 SQ388 2025 IMvM BJ421 1105 SQ182 0915 lipfn SQ181 1410 BJ422 1205 m BM29 2030 BI430
      1,082 words
    • Article, Illustration
      Swiss faience elegant and warm
      530 29  -  LETTER FROM CAROUGE By Paula Deitz AS GUARDIANS of the local culture and regional arts, the provincial museums of Europe are an invaluable resource for the study of special products manufactured locally. Unlike major museums in capital cities, which tend to resemble each other and
      530 words
    • Article
      MONEY CHANGER RATES
      156 29 As at 3 Dm vesterdjv: W vWNV VWWIlNiVI Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.440 1.460 Canadian dollar 1.5480 1.5680 NZ dollar 1.0930 1.1330 Sterling pound 3.4100 3.4400 US dollar 1.7880 1.7980 Local tfollan to 100 raits of foreign currency
      156 words
    • Article
      WORLD TRADE EXHIBITIONS
      90 29 Duration Title Venue Otpaiw Td Duration Title Venue Organiser Td Aug 24 Taxation of Non- India Asian Pacific Tax *****40 Sep 15-18 International Paris Semaine 1/*****569 Residents Invest- A. Investment Leather Week Internationale merits in India Research Centre Du Ciiir Aug 27 Taxation of Oil India Asian
      90 words
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      35 29 wAgV A I!u hiiM'U'- p.r-o-'< iv,'. lIUMI.I I I hilrnl.u. s it:irvl.n \irporl i: •?-!•> nu! i! v—' jl v A I! i: i i i i i M Fu I -1! 11: VTV Air Canada
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      33 29 5 V"< .y£v j. v ,MgfgU|t ;:iijjjj|j|jjjij||jj^:i& >*|ij(j|jj|jj|j|jM < l ■■>■ Are you a damsel In distress? m I worried mother? '3 Just #^'teA*w»Hdpi»(i And any kind of advice you need! ?4i 19^S|^3^k m |9K
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      235 29 > an tribe (5) mountaineer! (7) comes relief from suffering! 24 A pair of semi-detached L-— IH 1 1 1 I I I I I I 1 1 houses? Well I never! (2-2) ■JS With which vets deviously w t omd <hv mice mi 7 Maybe her job makes her
      235 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      203 29 Singapore Outlook: Fair overnight Report Max temp. 32.4"C Assoc humidity 67% Min temp. 26.CC Assoc humidity 88% Hrs of sunshine. 7.80 Rainfall in mm Nil Rainfall this mth 120.4 Rainy days this mth 7 norm repon Asia-Pacific Hi/Lo* Cood. Auckland 14/09 Showers Bangkok 35/26 Showers Beijing 33/23 Cloudy Brunei 31/23
      203 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      41 29 Im■>.;WJ»)B f f\s sn**tsßEf**e f agr>w: 'shall TO QUOTtS*P*€Ste**e f\ I ccnfftf/ I i cormW£ Tm6£_ ID A SorvmefS 'you cone.mosr J \op e£«oßs^— t N \pfvy v "\f T^FCT g\) V(, ®A i o"\ S&tLS WRi /P\J? uy&^-feprf... PpJtO! C^Vg^«TM«MWCCTXLTP,t»C^»>>^
      41 words
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  • Article
    Lock icon Soviet military faces wide-ranging reforms
    390 30 AFP SOVIET PRESIDENT Mikhail Gorbachev has officially notified the military that wide-ranging reforms are in the offing, with a defence Bill expected before Parliament in the autumn. Addressing military officers in Odessa last week, where he reviewed combined naval and airborne manoeuvres, Mr Gorbachev said
    AFP  -  390 words
  • Article
    Lock icon Higher oil price unlikely to slow Thai growth
    371 30 Reuter THAILAND'S economy will continue growing rapidly despite higher oil prices but exporters of textiles, rice and steel pipes are likely to be hard hit in the short term, according to analysts in Bangkok. The central bank had said in a preliminary
    Reuter  -  371 words
  • Article
    Lock icon Cambodian leaders to hold talks
    90 30 AFP THE THREE factions of the anti-Vietnamese Cambodian resistance will hold talks on Wednesday and Thursday in Beijing, Prince Norodom Sihanouk's Beijing office said yesterday. The meeting will end with the publication of a joint declaration on Thursday, the former Cambodian monarch's office said. Khieu
    AFP  -  90 words
  • Article
    Lock icon Eleven SEDC units made M$26m profits
    138 30 Bernama ELEVEN of the 17 subsidiaries of the Trengganu State Economic Development Corporation (SEDC) made profits totalling M 526.1 million in the first half of this year. Mentri Besar Tan Sri Haji Wan Mokhtar Ahmad, who is the SEDC chairman, said in Kuala Trengganu
    Bernama  -  138 words
  • Article, Illustration
    Palais Renaissance sees good returns
    524 30  -  By Si Sangeeta Mulchand, Suzanne Soh PALAIS RENAISSANCE will reap between $7 million and $8 million a year in investment returns, says the re-tail-cum-office building's management. Speaking to BT at the opening of the $85 million development yesterday, Yamasin Enterprise managing director K Ohashi said
    524 words
  • Article
    Lock icon Johor to tap water resources
    119 30 Bernama THE STATE government of Johor plans to step up the use of water resources to make water supply an important source of revenue. Mentri Besar Tan Sri Haji Muhyiddin Yassin said yesterday that a study on the project was being carried out by a
    Bernama  -  119 words
  • Article
    Lock icon Benazir defends 20-month rule
    174 30 Reuter, AFP. OUSTED Pakistani PrimC Minister Benazir Bhutto or Sunday robustly defended her 20 months in power an£ called her dismissal an tempt to stop democracy. As anti-Bhutto forces me£ in the capital of Islamabad towork out their strategy foC October elections, the 37j year-old leader
    Reuter,; AFP.  -  174 words
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      107 30 PlvgeT JQULUER EN HORLOGERIEIJEPUISIB74 GENEVE Ming hospitality. It stays with your clients. Some memorable things have a way of staying with your clients Ty the impeccable services we provide at our Executive Suite and rooms on the Taipan floor to the cool dip in our ■&9T rooftop pool. It's a
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      28 30 R&D and Engineering Co. (P.L) With established high-tech product line and new product designs seeks additional capital to finance further development and expansion. Pis contact: 747-2992 Attn. Helena
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      278 30 PlygeT JOAILLIER EN HORLOGERIE DEPUISIB74 GENSVE \grp7 SING INVESTMENTS FINANCE LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of Sing Investments Finance Limited is pleased to make the following announcement 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1990 Latest Previous Half Year Half Yew
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  • Shipping Times
    • Article
      India feeder operators impose bunker surcharges
      340 31  -  Impact of Iraq's invasion of Kuwait By Dexter Lee FEEDER OPERATORS plying India's east coast ports and two shipping consortia have jumped on the bandwagon of introducing bunker surcharges to defray the higher costs of ship fuel caused by the Gulf crisis. From Wednesday,
      340 words
    • Article
      Singapore to host civil aviation conference next year
      205 31 A MAJOR Civil Aviation Conference is to be held in Singapore from Feb 3 to Feb 5, 1991. Sponsored by the International Civil Airports Association (Europe and Asia/Pacific Regions) and the Airport Operators Council International, the event will be held at the
      205 words
    • Article
      Lock icon China needs a US$3b boost in shipbuilding
      200 31 AFP INDUSTRY experts say China will have to boost production to meet increasing transport volume and to emerge as the third-largest shipbuilder in the world by 2000, the China Daily said. In a report now under government study, the experts said a US$3
      AFP  -  200 words
    • Article, Illustration
      Lock icon Thai Airways to raise fares by 5-10pc
      174 31 AFP THAI Airways International plans to raise fares by between 5 and 10 per cent on all international flights as a result of rising oil prices caused by the Gulf crisis, a THAI airline source said in Bangkok. The planned fare increases, expected
      AFP  -  174 words
    • Article
      Philippine floating cement terminal approved
      195 31  -  From Al O Labita in MANILA THE state-run Philippine Ports Authority (PPA) has approved the operation of the country's first floating terminal to handle cement shipments. A private firm, the Emry Group, will operate the terminal, designed to ease the loading and unloading of bulk
      195 words
    • Article
      Lock icon Soviet ships now allowed to dock at Philippine yard
      203 31 AP A CABINET committee has granted permission to Soviet ships to dry-dock at a Philippine shipyard near a US naval base, said Justice Secretary Franklin Drilon. The ban on ships owned by socialist states was lifted because the government needs the
      AP  -  203 words
    • Article
      Lock icon Design work starts for 5,600-passenger cruiser
      202 31 AP A NEW ORLEANS shipyard is proceeding with plans for the world's largest cruise ship, featuring above-deck hotel towers and room for 5,600 passengers. The huge ship, expected to cost US$l.5 billion, will be built by Avondale Industries Inc. John S Rogers, chief executive
      AP  -  202 words
    • Article
      Marine services firm may take up former activities
      364 31  -  By Rahita Elias SINGAPORE marine services firm Ritchie Bisset (Far East), which is rapidly expanding its operations in South-east Asia, may move back into areas it used to be in. Captain RB Morris, the company's managing director and general manager, told Shipping
      364 words
    • Article
      Lufthansa buys HK catering group
      321 31 WEST GERMAN Lufthansa has entered the Hongkong flight and general catering market with the purchase of the Dairy Farm Catering Group at Kai Tak. In doing so, said the South China Morning Post, it will take on the might of the Swire-Cathay group in catering
      321 words
    • NEWS SUMMARY
      • Article
        Not-so-fair competition
        39 31 AUSTRALIA'S domestic air routes will be open to competition from Nov 1, ending the very gentlemanly, clubby arrangements between Australian Airlines and Ansett Airlines. But will smaller challengers have a chance to play the game? Page 2
        39 words
      • Article
        Rotterdam checking on Iraqi oil
        31 31 DUTCH customs officials have enlisted a chemical "fingerprinting" method to spot any sanction-busting Iraqi or Kuwaiti oil smuggled into Rotterdam, Europe's largest oil port Back Page
        31 words
      • Article
        Safe Air to stop operations
        28 31 AIR New Zealand Lid's whol-ly-owned subsidiary Safe Air Ltd will cease operations in September, Safe Air general manager Ron Tannock said Back Page
        28 words
      • Article
        Three at McDonnell to take pay arts
        40 31 THREE top executives at McDonnell Douglas Corp will take pay cuts this year as part of a cost cutting plan that is costing thousands of employees their jobs, the company said. Back Page
        40 words
      • Article
        Swedish govt plans to reduce SAS stake
        34 31 THE Swedish government is considering reducing its 21.4 per cent stake in Scandinavian Aiilines System (SAS) to help ease the airline's share swap with Swissair Back Pace
        34 words
    • LOG BOOK
      • Article
        American Air to order European aircraft
        94 32 AMERICAN Airlines, the second largest US carrier, is about to announce a US$l billion order for 100 European-built commuter aircraft. The order will represent the biggest single contract in the North America for ATR, a joint venture of France's Aerospatiale and Italy's Aeritalia. Sources
        94 words
      • Article
        Pakistan gets ADB loan
        86 32 THE Asian Development Bank (ADB) announced that it had approved a USSIIS million loan to Pakistan for a project to provide 300,000 new telephones in industrial and commercial centres. The loan, payable in 24 years at a pool-based variable rate, will finance the country's Third Telecommunications
        86 words
      • Article
        Global Ocean cuts dividend
        76 32 GLOBAL Ocean Carriers Ltd said its board cut the quar-terly-dividend to 10 US cents per share from 52 US cents, payable on Sep 20, to shareholders of record on Aug 31. The company said any increase in oil prices is likely to hurt its profitability, and
        76 words
      • Article
        BAA passenger traffic up 4.9pc
        98 32 UK AIRPORTS operator BAA pic said its seven airports handled 7.7 million passengers in July, a 4.9 per cent increase on the same month last year. Most of its major markets showed strong growth. European scheduled traffic increased by 12 per cent, North American traffic
        98 words
      • Article
        Miami-Nassau flights
        74 32 EASTERN Express, a unit of Eastern Air Lines, said it will be the only commuter airline to offer flights between Miami and Nassau. Effective from Oct 15, there will be three daily non-stop flights each way. The service will accommodate passengers on 35-passenger Saab 340 aircraft- "The addition
        74 words
      • Article
        Rise in air prices postponed
        88 32 SPA|N's private passenger airlines have postponed a planned 3.5 per cent rise in charter flight prices until September, industry sources said. The Spanish Association of Air Companies (AECA) decided on the rises last week because of the increase in fuel prices caused by Iraq's invasion
        88 words
    • Article, Illustration
      Lock icon Not-so-fair competition
      867 32 Australia's domestic air routes will be opened to competition from Nov 1. But will smaller challengers have a chance to play the game with giants Australian Airlines and Ansett Airlines? IHT AIRLINE passengers in Australia can expect sharply lower fares on major routes when the domestic network is
      IHT  -  867 words
    • Article
      COCKETT BUNKER MARKET REPORT
      789 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
      789 words
    • Article
      THE SHIPPING GUIDE
      11819 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
      11,819 words
    • Article
      DAILY FREIGHTS
      994 47 CHARTERING on the dry cargo freight market was again quiet on Thursday but confirmation emerged that the key US Gulf to Europe grain route had been fixed at a lower rate, brokers said. A rate of US$ll.5O basis 55 ft was paid compared with around US$l2 for previous
      994 words
    • Article
      AT CONVENTIONAL WHARVES
      447 47 lay* hrii kiM Deprtte Ksppsi Wlurm Confinei* 1 7/90 K34 aloupde 20.08/0500 Ka*ang 9005 K29 alongside 20.08/1500 Ma Ben* E 864 K31 alongside 23.08/1830 Mrttafli Bay 33 K18 alongside 20.08/0500 MKhNW 8 *****2 K32 20 08/0600 Sumy Verrtw 49 K30 alongside 20.08/1100 Tran Fprd 1696 C09 alongside
      447 words
    • Article
      CONTAINER SCHEDULE
      1196 47 gcovms or export Fa containers and la cargo Record Baakk«/1Uncc Mb i* VoyNo Mod Fran To From P of DbcfM Spaco I L j-4. 9A 3 20/0700 20/1159 20/1400 4 20/1200 20/1459 20/1700 /L Rose 2A 2 19/1700 20/0659 20/0900 4 20/1200 20/1459 20/1700 M Gonctorov 26SI90 2
      1,196 words
    • Article
      IN MALAYSIAN PORTS
      299 47 Pert Ntaag South Port on Aug 17: Andreas 2 berth 1; Soon Hoe berth 2; Hong Soon berth 3; Sang Thai Ruby berth 3; Meiaka Jaya 3 berth 4; Lucoma berth 7; Hung Lee IV berth 7A. KCT: Wai Hai berth 8; Bunga Dahlia berth 9; Singapore
      299 words
    • Article
      Lock icon Rotterdam using new method to spot Iraqi oil
      321 48 Impact of Iraq's invasion of Kuwait AP DUTCH customs officials have enlisted a chemical "fingerprinting" method to spot any sanction-busting Iraqi or Kuwaiti oil smuggled into Rotterdam, Europe's largest oil port. The method, which relies on a process known as gas chromatography,
      AP  -  321 words
    • Article
      Lock icon Safe Air to cease operations in September
      132 48 Reuter AIR New Zealand Ltd's wholly-owned subsidiary Safe Air Ltd will cease operations in September, Safe Air general manager Ron Tannock said. Mr Tannock said in a statement that about 100 of the company's 240 workers would lose their jobs. Safe Air is
      Reuter  -  132 words
    • Article
      Lock icon McDonnell's top executives to take pay cuts
      138 48 Reuter THREE top executives at McDonnell Douglas Corp will take pay cuts this year as part of a cost cutting plan that is costing thousands of employees their jobs, the company said. John McDonnell, chairman and chief executive, will have his total compensation
      Reuter  -  138 words
    • Article
      Lock icon Swedish govt plans to reduce stake in SAS
      189 48 Reuter THE Swedish government is considering reducing its 21.4 per cent stake in Scandinavian Airlines System (SAS) to help ease the airline's share swap with Swissair. "The government is on this course to achieve the cooperation with Swissair," said Communications Department State
      Reuter  -  189 words
    • Article, Illustration
      Lock icon KLM expected to suffer net loss this year
      343 48 Reuter KJLM Royal Dutch Airlines is likely to suffer a net loss in the current financial year because of persistent cost pressures aggravated by adverse currency movements and spiralling fuel prices, analysts said. KLM earlier reported profit plunged to 41.4 million guilders
      Reuter  -  343 words
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      221 32 I B CONG™ulations| I TO I MR. TAN KAY HOCK I Ist Deputy Chairman of the Singapore Freight Forwarders Association on the conferment of the PING AT BAKTIMASY ARARAT (PUBLIC SERVICE MEDAL) by The President of Singapore on the 25th National Day of Singapore I |l| SfrxA) SINGAPORE FREIGHT FORWARDERS
      221 words
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      2040 33 JARDine shipping aguEST^"™"""""l 200 CintoniTWflt Read #12-05 South point, Sinppore 0201 All If# TM *****11 TELEX NO US ***** Vfxn!■ TIRMINAL/CFS TV *****11 220 rDraal BOOKINGS W *****34 235 1. \fffw A PtSAKA JAROtNE SHIPPING AGENCIES SON. BND. PORT KELANG TEL *****18 TELEX NO. MA*****/MA***** SSSS PENANG TEL *****4 TELEX
      2,040 words
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      1194 33 DUX TOfIDVERTISERS Z 1 «MISC 14 1-3 I I M'sia Shpg Corp 9 1/2 ABC Containeiiine 13 S Mercury Line 12 2 Accord Shpg 8 1-3 Mendelssohn 4 4/5 Adkris Business 16 3 MengHomgShpg IS 2 Albatros Sea-Air 14 5 #MOL 18 1/2 Alfred C Toepfer 15 5 MOSK (Forest)
      1,194 words
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      Page 33 Advertisements Column 3
      2350 33 >1 r Vmul Voy ETA ETD 'Port 1 l|T Stngapor* Kaiang DESTINATIONS T J Th» M« Laura M 900* CtaaMg TM 21/® 0400 MRS M Farce ■■^■■1 CFS 20*8 2300 HRS M Tauro OAK (LOB MOO MEM ATI IMA CHS BAL PML KYC MOM TO* LAURA M 9000 21/8 22/8
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      1191 34 rage I ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE OSAKA BAY 95/596 23/8 17/9 11/9 14/9 '0/9 16/9 LONDON EXPRESS 13/503 27/8 13/9 15/9 16/9 MONTE ROSA 09/502 30/8 24/9 18/9 20/9 17/9 23/9 HONG KONG EXPRESS 96/506 2/9 19/9 21/9 24/9 LIVERPOOL BAY
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      563 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I SLA FLOREANA 30/8 13/9 16/9 21/9 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA, ►AGO PAGO. APIA 1 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 30/8 5/10 6/10 10/10 Alto accepting Carfo to Callao (P«ru) via Valpa Afpnts: SINGAPORE:
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      1159 34 El inw REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAH BRE LHA (VIA (VIA (VIA ALG) ROT) HA*> JAPAN SEA 024-W 19/08 09/09 11/09 14/09 1809 19 "09 WW 2M» 21<09 NORASIA SUN 9025-3 24/08 11,09 li/09 19/09 21/09 24/09 23/09 2V09
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      1631 35 ssfigSteamers Maritime Holdings Ltd P&O m |PSTRAITS SHIPPING! Containers BUB Vey H, PKleag J>r» S ta. H'bur, rhm. leh ACCEPTS DUE SAILS OMMMY HflN HOX2BM 2M4 1/JB4 U*4 13M IMB 1M) CARGO """ST" S +LA a u» vm STRAITS STAR Vllt M. Stun. 10. Tew In Port 27 Aug ■OimJSk
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      Page 35 Advertisements Column 2
      1642 35 TO: EUROPE TO: FAR EAST SP IN ROM HAM t'HVN FIX SPORE HK RAO HOB BU CNOYANC SUCCESS 010W 1W 7lt W lOfl 11 It CNOYANC CHANCE MK 21/1 W U HANJIN HAMBURG 002W X* Ult 14fl 15/» Hl* Wt HAMJIN LEHARVE Ml 27/1 M 21A lit M HANJIN ROTTERDAM
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      20 35 B'PORE LOADMQ FOR MORA 2S/S/M PHNOMPENH/KOMPONOSOM NMA 22/t/SO HOCHNMNH/VUNQTAU SELM SHIPPING TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: 224M46
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      406 35 trSmHSfßSwSmvemE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION ASIAN TANJUNC ASEAN TRADER STAR EMAS TRADER YOY. NO. U 114 10 4 Sport 25/1 24/1 29/1 7/1 P. KtUnf 2M 27/1 10/1 Ptnanj Hong Kong Yokohama 22/9 IS/9 27/9 Nagoya 20/9 14/9 25/9 Osaka 12/9 S«nboku 11/9 23/9 Kashtma Hochiminh for
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      512 36 o~ CR NBA **********0-0 EXPRESS SEMI-C9NTAMEMMP SERVICE VtbVOY SPORE R'DAM/ HBURC BREMEN ANTWERP ADAM SSSSK™. 3--SS g» H jjjj WBTRA 8-Uflß W Wll 1W 1W FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO V 9**c< to Wuoßmsnt Atoo ampMnO «*W> to CißMttßnca, Pqrt Sato. Port *lw»to.O—,TH—to. AbSO ACCEPTING BOTH CONTAINERS, COWWPITIONAI CAjMOWA
      512 words
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      1177 36 75\ HANJIN SHIPPING l/y «r FULL CONTAINER SERVICE S par* LaHaw* R'taM H'bur| B'Navaa FrtMM FEEDER VSI SIN J-INE NAUL LAX OAK HARHN HAMBURG OB2W IM 1» W 17/9 19/9 2CV9 CHOYANC CHANCE BME njt H BUSAN 1« 14fl HANiIN ROTTERDAM BIBN 1/9 19fl 20fl 21/9 23/9 24/9 HANJIN LEHAVRE
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      1193 36 i—l -T(J -1 H IPKL SGP IMS KSC KLC PUS MKT OSK SIU TTD UU( CM Mi MC LHV AMI MM FU NSC MP I E GUARD REMI m 3M 4/1 V* 'It 1M l» !«t 1M l)fl W Ufll 12W Wl S|H S« W> W Wl I t giant
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      1295 37 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS' 1 UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INOIA/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 K.MO3) E *****3^ M p s Kelan^CCD) A *****8
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      Page 37 Advertisements Column 2
      1108 37 &SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES. *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANC: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUNO LOADING FOR WESTBOUND J «oai votmi |mat |namu |BB BSB M mum mum mm tuurt ["5n trnw k.«avmji» an
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      1235 38 4* M t W 4\> W V m AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR Nr **********0 M) fA KJ TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 \M M y MALAYSIA: HARPER MM SON IHO \V TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. INOOWSI< acmi
      1,235 words
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      Page 38 Advertisements Column 2
      930 38 PHILI-ORIENT LINES PTE LTD M (The Complete NVOCC Package) I 25 AUG MONTREAL, OTTAWA, TORONTO, I VANCOUVER, S"WESTERN ONTARIO. I n Aim niißAi dammam Kuwait rwa' CHARLESTON, CHICAGO, I UG TXfi LONDON, THUNDER BAY, WINNIPEG, I ?uad.AU ABU DHABI REGINA, SASKATOON, I SHARJAH CALGARY, EDMONTON, KELOWNA, I 24 AUG COLOMBO,
      930 words
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      1435 39 agaa'Pll pacific international unes (pte) ltd SMIHMIS jßi Pit- »*«nß. I*o Oci S»r—l KttOO. SngapowOlOe. amm mm mm mm mm kota mnoa an ti/i man mm maim mm m mm hainu vim tin sm mm otLTA has mm mm mm tm psoasus pioncer mm am mm mm bowa mm mm
      1,435 words
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      Page 39 Advertisements Column 2
      987 39 BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** lIHHHMBHHIHHHBH OtOGOßflllß^^W] VESSEL |VOY SPORE*" P.KLAN6 SHAMPTONI HAMBURG B"HAVBI R*OAM UHAVRE os*a Bay 4- 95/598 23/8 17/9 11/9 13/9 10/9 16/9 London Express* 13/503 27/8 Via Hox 15/9 17/9 18/9 La
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      Page 39 Advertisements Column 3
      57 39 JORDAN FAR EAST LINE S.A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS Vimi/Vey |Ctf*W SiTl KucMng IT* Mm* I FOR FORTUNE ADA —3/9 S/9 15/9 HoUmMl JWOSR Mm, i FORTUNE BETA 5# 13/9 Hotadah, jgjg J |jXdMLAqrt> LOADFME. M'SIA/INOONESIAN PORTS SUBJECT TO INDUCEMENT. Gmrtl Afants: BEN LINE AGENCIES (S)
      57 words
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      Page 39 Advertisements Column 4
      248 39 MYANMA PI nVESTAHUME •V (Hyanmar National Una) Loading for Yanfon (Rangoon) S*por» P.IUIwn N* PAGAN VMM 80S AIM AVAVMM apt AW MERGUI VMM m MYOMAYWA VIMW MP SEP HPA-AN VISMK V/M» THE BANK LINE (A »nrfc»l<ii+Upplng) KMI-CONTAINCNSCItVICC HEAVY UPT CAPABILITY lEXPRESS TO PAPUA NEW GUMMA I MORAYBANK V22S OS/W (CALLING
      248 words
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      Page 42 Advertisements Column 1
      855 42 i iSteqrated container SERVICE MEMRER OF EACON SERVICE j FHOM FAR EAST TO NORTH CONTINENT outbound |ru| wv ton ant nog rst J j mmrican sen mi w w h4 04 vi» i«4 J I CLBROTEMONL949 ~ajT"s»" 214 »4 M 4 J J EOTOetAN KM WW 44 294 WWW- IfCGKLSXI
      855 words
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      Page 42 Advertisements Column 2
      1093 42 FAR EAST PORT KELANG 24/8 A 31/8 MANILA 25/8 A 1/9 PENANG 24/8 A 31/8 BUSAN 28/8 A 2/9 BANGKOK 22/8 A 26/8 TOKYO 23/8 A 30/8 HONG KONG 24/8 A 27/8 YOKOHAMA 23/8 A 30/8 KAOHSIUNG 26/8 A 2/9 KOBE 23/8 A 30/8 KEELUNG 26/8 A 2/9 JAKARTA 26/8
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      Page 42 Advertisements Column 3
      330 42 [Hliifll una r&m Icm mm baimj mco mo mwt nam ■mati ST w «n vrt m- o* «Bmm v wmi w w» w»- ur» VaSm. «m nm am w am- am SSrltii i uiu nru w uw *u -mu Y.TSA DISCHARGING FN MAflt ONLY trawl ML NK Of SIMM TOR
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      Page 42 Advertisements Column 4
      1101 42 r te ta^H**"fl fe CHHM OCEM HWHNG COMPANY W 2, MSTRI ROAD. HMC BUILMNC JL L J t TEL 2K9N *1540, siwdAPOwE y FULL CONTAINER LINER SERVICE telbc rs am cosm»' cm mo: iiTvanoni foi amw Ca»nlA|Bili!«MIMItoWOIIIIlim costmlm WtoEUVOY »|mMT MM WT OKK MMBJWT FU MT M »«T to JS__
      1,101 words
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      Page 43 Advertisements Column 1
      696 43 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Defltas 24/8, 31/8 > EUROPE all Porto 26/8, 1/9 BANGKOK 22/8, 25/8 HONGKONG/CHINA 25/8, 28/8 SYD, MEL, ADEL, BRIS 22/8, 30/8 FREMANTLE 28/8, 5/9 MANILA 24/8, 31/8 PKLG/PENANG 26/8, 2/9 Port Katang Branch Tafc 3******/2/3 Fax:
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      Page 43 Advertisements Column 2
      247 43 TEL: *****33 (12 Urm) FAX: *****18/*****03 TELEX: RS ***** RISHIP (3 Urm) PF\ ETHNPIAN SMPPMG UNES r 4 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL [VOY ETA LOADING FOR aronc ABBAY MM 25W8 22M OAfICMALAAM. MOMBASA. OJOOUTI- MASSAWA HOOCOAM NETSAMCT 20WB 2VOB OARESSALAAU MOMBASA DJIBOUTI ABSAB, MABBAWA. HOOCOAH
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      Page 43 Advertisements Column 3
      787 43 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OfTWRE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING La CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 VSL VOY SIN JKT PAJ SIN PUL SENTOSA SOS 2*V« 22/8 24/S PUL
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      Page 43 Advertisements Column 4
      515 43 BANGKOK CEBU/MANfcA^ ■EXMAHIK KURAKO 8N TM a* a* InE I MM HW <»!$ NAHTA WM6 6WI Tl» 3* I- M* SO. OWENT M M/I M WR.»fl baha mum on ut a* t« a* wn wa mi 7a u* NANTA WHJB WW WM SM M 1* QMNT [wR |MRI M* I
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      Page 43 Advertisements Column 5
      244 43 TO AUSTRALIA/NEW ZEALAND Mmm m~ m pi ni jsr~2 moNßia 9 pi I«■ Im pi lmm m w» mm br> p* m |m mam. m <un pn pa pa |y j 7 DATS TO VUMAMfUI TO USA/CANADA jf ML |~1l I"" J3==r j Mmnra m~ m B Si W» vntmmmm
      244 words
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      Page 44 Advertisements Column 1
      1101 44 j"'f ""T yimnntr] nrm m rutin"] I ■rwrs ttum P6NANG TEL (04) *****6 KK f TEL (068) *****0 TAWAU TEL (069) *****9 P. KELANG TEL (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL (089) *****2 I -I J- BAHRU TEL (07) *****2 SIBU TEL (084) *****2 LABUAN TEL (087) *****9
      1,101 words
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      Page 44 Advertisements Column 2
      459 44 f*KEm> BLUE STAR UK SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY 3AILINQB DISCHAROINO AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRLSTCHUBCH, dunedin, LYTTELTON, INVEECAEGIL, FIJI AND TAHITI SIN N. AY AUCX ITT ■ULKIAIBS a Ami If* NPI »£f prospect ms a
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      Page 44 Advertisements Column 3
      1036 44 THONG SOON UNES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax N0;_35Z2573 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO BABAH mm hwr leti |mr mm wi en If KIM SOON LI 33/90E 25 AU6 PENANG JENHOL 13/90E 21
      1,036 words
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      660 45 W«V COMPANIA PERUANA TCEX DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULWFCL/SOC CARGOES TO/FROM CALLAO. MATARANI, lIA OTHER PERUVIAN PORTS' iITHT/S AT KOBE ON CPV THROUGH BILL OF LADING. P»«ang* P. Kelang Singapore KOS£EVE RETT 21/22 Aug SHAPLAEVERETT 25/27 Aug 2>/29 Aug MURRAYEVERETT 12/13 Sept 14/15 S^»t Wffk "EVERETT ORIENT LINE"
      660 words
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      Page 45 Advertisements Column 2
      582 45 VSI VOY ?TO»nsl!M!lstß LAX KST UV NYC WfX m oat m aH n«H w v» w i*a 2IN SINGAPORE K M UK IKRIA W W» Hf» llff B|H LEEWARO 12/1 UM NCWYORK 11/10 27 10 MTU 1/11 l/U ZIM MELBOURNE UK Ult KIMNEWYORK I*l* 27/ M mm 1/11 vil 2tM
      582 words
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      Page 45 Advertisements Column 3
      568 45 SING KWANG HANGI •MffM TIUiWOW7ATIOW (TTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 22/8 25/8 JENWEL 24/8 27/8 VESSEL SPORE BANGKOK A VESSEL 22/8 25/8 A VESSEL 24/8 27/8 DESTINATIONS ETA SINGAPORE PORT KELANG 24 AUG MANILA 30 AUG HONG KONG. ALL CHINA PORTS 24 AUG KEELUNG.
      568 words
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      Page 45 Advertisements Column 4
      496 45 PERINTIS LINE I I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PONTIAMAK* PELOPOR 955 In Pt 21/06 TANTO SEJATI 13 22/08 25AM PELOPOR 956 25/08 28/06 TANTO SEJATI 15 29/06 01/09 TANTO UTAMA 99 24/06 27/06 TANTO UTAMA 101 31/06 03/09 TANTO UTAMA
      496 words
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      Page 45 Advertisements Column 5
      499 45 5 7 M JMMWHi'llil" wwrawg^^ttf SjN FM EAIT r¥ 26/8 KEELUN6/KAOHSIUNG 25/8 BANGKOK J 25/8 MANILA/CEBU 25/8 JAKARTA/BELAWAN/SURABAYA 24/8 PORT KELANG/PENANG/E. Malaysia k 26/8 BUSAN f 24/8 TOKYO/YOKO/KOBE/NGO/OSA 24/8 HONG KONG also accepting cargo to Huanmu/Shenzhen/Fuzhou/ Xiamen Xingang. Shangha m M EUROPE/UK C T T** V v 25/8 LDN/FLX/LVP/SOU C
      499 words
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      Page 46 Advertisements Column 1
      432 46 CB SHIPPING TTI (@> MARINE SERVICES qwhbundikpma Ntw awm smrcts MNTMH/LCL/BREMBUU SBIMCE "AHKE" SERVICE SPE LAE MISIMA POM. T'VILLE V.1658 21/8 1/9 3/9 4/9 8/9 V.1758 16/9 28/9 1/10 2/10 6/10 BMOKS ACCEPTED FOR EAST KALMRATAN Al Mplrtn tft PLATOU PACIFIC I SHIPPING SERVICES V REGULAR PAN EAST N. AMERICA
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      Page 46 Advertisements Column 2
      765 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE BA V.14CW90 SAILED 31/8/90 10/9/90 15/9/90 A.N V.13-90W 21/8/90 16/9/90 6/9/90 11/9/90 N.C Vl4-90W 26/8/90 22/9/90 12/9/90 17/9/90 K.S Vl5-90W 3/9/90 3/10/90 22/9/90 28/9/90 G.M. V.16CW90 9/9/90 1/10/90 3/10/90 8/10/90 V.V. V.16-90W 12/9/90 9/10/90 28/9/90 4/10/90 B.M.T
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      Page 46 Advertisements Column 3
      776 46 yr i JStF OCERnSERVICE SERVICE TO/FR' Ofl KL: ALUtixtNK SINGAPORE: /tT^\ m 04-*****2 *****8055 778 5522(22 lines) OT Marina Onfl Suun Ng/Chrtettna Chtow OoUy Mlrpurt/Ealhar Yap -1 II ia •41 •A 4ft Mb FCL/LCL SERVICES MANILA ETA j VIGOUR PACIFIC 13NB 22/S VIGOUR PACIFIC 14NB 2/9 *>' BANGKOK 2S/8 2/9
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      413 47 TIDES AND WEATHER TODAY'S TIDES (hetgtit in metres) MOMINIUNI2N«3NMN«MINN«7NNNNNMNIMII2NUNMNMMMNI7MMNMNMNZMI2»2« JR 2J 2.3 1.7 1.1 OS 04 0.3 0.4 0J 1.4 2.0 14 2.5 2.4 2.0 1.4 1.0 0.9 19 1.1 15 12 2J 12; PP 18 13 1.7 U 0.6 0J 01 03 0.7 1.4 2.0 2.3 2.4 13 1.9
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      Page 48 Advertisements Column 1
      437 48 ICHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -ISBr SHIPPING CORP., KARACHI. INDONESIA ft MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA ft JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN
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      Page 48 Advertisements Column 2
      689 48 ▲HYUNDAI MERCHANT MAMNE CO. LTD. EASTBOUNP TO USA II WESTBOUND FROM USA TO PSW VOY SIN HKG LBN OAK SEA CHI FROM PSW VOY LBN OAK SEA HKG I SIH LALANDIA 34E 2S/00 30/00 11*1 20/09 23/09 22/09 HYUNDAI INNOVATOR 33* 00/07 12/07 15/07 02/00 12/00 HYUNDAI CHALLENGER 3SE 01/00
      689 words
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      Page 48 Advertisements Column 3
      478 48 g2^*^£2wolHinel I WEEKLY CONTAINER SERVICES TCL I LCL TO mOM SIN MADRAS CALCU M A WSSEESSSESEMKtKtKM tArvn I Iy» UK/CONTINENT (TRIO) Irram Ijton hrurs haven roam ien mmi OSAKA lAI 2M UJI IM llfl Mg llfl MMh :to Artawp. >I—. (Me. TtoOHiw. HpMfci IOHOG* txp»tss 2M LSfl M IM tnmmtmm
      478 words