The Business Times, 30 August 1990

Microfilm: NL17095
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday August 30 1990 75*
    10 words
  • NEWS SUMMARY
    • Article
      Gorbachev, Yeltsin set to devise reform plan
      60 1 SOVIET leader Mikhail Gorbachev and radical Russian republic president Boris Yeltsin are on the verge of a major decision in talks to forge a common economic reform plan. Mr Gorbachev's spokesman Vitaly Ignatenko yesterday said the two men met for three hours to
      60 words
    • Article
      Some tour prices drop
      27 1 IN AN ironic twist to the impending increase in airfares, prices of some tour packages are coming down from this Saturday Page 2
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    • Article
      Computer security
      34 1 THERE is a singular lack of a computer security culture in Singapore organisations, reveals a survey undertaken by the Singapore Institute of Management and the Australian Computer Abuse Research Bureau. Page 2
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    • Article
      Indon licences
      41 1 THE Indonesian government licensed 81 new domestic investment projects with a combined commitment of USsl.93b and 17 new foreign projects with a total commitment of $844.3 m during the second-half of last month, The Jakarta Post reported. Page 9
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    • Article
      Graft investigation
      55 1 PRESIDENT SUHARTO has ordered a thorough investigation into a massive scandal in which a senior official of the National Land Agency is repotted to have been involved in the illegal acquisition of thousands of hectares of land and the misappropriation of billions of rupiahs in government funds, The
      55 words
    • Article
      Fat facts to ponder
      40 1 A STUDY has created quite a stir when it suggested that margarine, the spread that has been considered more healthful than butter, may actually raise cholesterol levels and increase the risk of heart disease Page 19
      40 words
    • Article
      Advice for Indon port
      39 1 THREE companies linked to the Port of Singapore Authority have been providing consultancy services to Indonesian interests on developing port infrastructure in the archipelago since the early part of this year. Shipping Tines Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      29 1 THE DOW Jones average of 30 industrials slipped 8.17 to 2,606.68 in the first hour of trading yesterday. Gainers outnumbered losers by about 7 to 6
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    • Article
      Footsie mixed
      40 1 LONDON share prices were mixed at midday yesterday in a market driven by technical factors in the absence of news. At 1107 GMT, the broadbased FTSE 100-share index was up 2.0 points, or 0.1 per cent, at 2,128.1
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    • Article
      SIA record expected
      25 1 SINGAPORE AIRLINES is expected to turn in another record year despite having to bear sharply higher fuel costs, say analysts. Page 3
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    • Article
      Intraco profits down
      38 1 TRADING group Intraco Ltd saw a fall in earnings in the first half of the year with thinner profit margins from softening petrochemical product prices and a drop in demand for new cars. Page 3
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    • Article
      Great expectation
      33 1 PACIFIC Bank is expected to rake in some MslBm in profit this year, substantially higher than the MS 16.29 m forecast by the bank based on its current activities. Page 3
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Chuft BT-MGA 626.80 -4.26 Kuala Lumpur ....530.34 -4.28 Hongkong .3,015.95 -62.99 Tokyo 24,894.79 -815.97 Sydney 1487.2 -3.8 IMiy Change New Yoric 2,614.85 +3.22 Loodon 2,126.1 +39.7
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    • Article
      CURRENCIES
      16 1 USS SS 1.7640 Yea 31.2229 Mhii ■iiiiilirtii 6555 Overnight 5 1/4* +3/4 6 11/16% -1/8
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    • Article
      COMMODITIES
      30 1 LrndmMi PM fix US$384.30 -US$3.95 S*pore Sep.... I6l.00*/kg unch Vfjia Sep M243.50Vkg unch KLTIi Turnover 70 tonnes -20 Spot M*l5.59/kg -0.06 Tunwve?!!!!. 605 lots -394 Sept MJ679 /tonne -3
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  • Article
    Volume of property deals down sharply
    347 1 Reaction seen as purely psychological WHILE the rental market is holding its own, property transactions have dropped sharply in the wake of the Gulf crisis with investors taking a wait-and-see attitude. The volume of transactions has dropped by half across the board since the
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  • Article
    Markets take a breather
    226 1 THE IMPROVEMENT in market sentiment came to a pause in regional stockmarkets yesterday. In Tokyo, Japanese stock prices fell sharply, with the Nikkei tumbling 815.97 points to 24,894.79. Stocks followed bond prices down on press reports that the Bank of Japan was going to raise its
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  • Article
    Lock icon US economic gauge flat in July
    144 1 AP Reuter THE US said yesterday that its nvun forecasting gauge of future economic activity was flat in July, indicating widespread weakness in the US economy even before the Gulf crisis increased the chances of a recession. The Commerce Department said that the lack
    AP; Reuter  -  144 words
  • Article
    Simex fines and suspends trader for overtrading
    266 1  -  By David Chew THE Singapore International Monetary Exchange (Simex) has suspended a futures trader for eight months and fined him $36,192 for overtrading in the Nikkei contract in February this year. In addition, the Simex local, an individual who trades on his own
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  • Article, Illustration
    Lock icon Iraq: women, children free to go
    266 1 The Gulf Crisis Agencies IRAQ yesterday told foreign women and children that they could pick up exit visas and head home immediately following President Saddam Hussein's promise to release them. But the first regular flight out of Baghdad yesterday took no Western hostages to
    Agencies  -  266 words
  • Article
    Petrochem operators expect earnings plunge
    436 1  -  Lilian Ang AFTER two good years, operators in Singapore's petrochemical complex, who had been expecting another profitable year, are now likely to see their earnings severely cut by high raw material costs. The price of naphtha, the main feedstock used by the upstream company Petrochemical
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  • Article
    The future of futures
    91 1 BT TODAY begins the first of a two-parter on the world's two biggest futures exchanges Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT). Highlighted are their global and Asian strategies and the implications for Singapore's futures market. The CME, the subject of today's
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      Page 1 Advertisements Column 2
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      Page 1 Advertisements Column 3
      18 1 f .f m m m I fj X M- 1 Excfcjrf* 7066 C I Fafl report, Pg 15
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        McDonald's goes to China, Indonesia
        87 2 HAMBURGER chain McDonald's will be opening its first outlets in the People's Republic of China and Indonesia over the next few months. To spearhead the management of staff and operations in these new stores, one Chinese and five Indonesians are currently in Singapore for training.
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      • Article
        Facelift for Dynasty
        64 2 DYNASTY Hotel, which links up with international reservation body Groupe Des Hotels Concorde on Saturday, will spend some $25 million to upgrade its 378 rooms later this year. Work on the rooms will be done floor-by-floor and is due for completion in 1992. The hotel also plans
        64 words
      • Article
        Young designs on award
        95 2 PUPILS from 55 schools, junior colleges, vocational and tertiary institutions have sent in a total or 436 entries for this year's Young Designers Award competition. A Trade Development Board statement described the entries as wide-rang-ing, covering product designs as well as environmental, fashion and interior designs.
        95 words
      • Article
        National park regulations
        79 2 A SET of regulations for the proper management and control of national parks and nature reserves will come into effect on Sep 1. The National Parks Regulations 1990 provide for the preservation and protection of flora, fauna and property; the preservation of order and prevention of nuisance
        79 words
      • Article
        Hotelier's donation
        55 2 GOODWOOD Park Hotel Ltd chairman Tan Sri Khoo Teck Puat will present the first instalment of his $7.5 million donation to the 25th Anniversary Charity Fund to Wong Kan Seng, Minister for Community Development, on Saturday. The next two instalments of $2.5 million each will be made in
        55 words
      • Article
        VJC choir's stout effort
        99 2 CH'NG JIT KOON, Minister of State (Community Development), yesterday presented the Guinness Stout Effort Award to the Victoria Junior College Choir. He said the award, which acknowledges the contribution of Singaporeans who perform outstanding deeds of bravery, community service, or achieve outstanding success in any international
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    • Article
      Prices of some tour packages down
      385 2  -  By John Tan IN AN ironic twist to the impending increase in airfares, prices of some tour packages are coming down from this Saturday. Sources t Md BT that the Intra-Orient Marketing Programme (IMP) had informed travel agents that tour packages to the softer
      385 words
    • Article
      ESEC makes Singapore its base for Far East
      274 2  -  By Diana Oon SWISS-BASED European Semiconductor Equipment Center (ESEC) will open its first manufacturing plant outside of Switzerland in Singapore next January. ESEC, which has had a sales office here since 1984, has invested around $13.9 million in a 10,000 sq ft
      274 words
    • Article
      Need for a computer security culture
      343 2  -  By Anna Lee THERE IS a singular lack of a computer security culture in Singapore organisations. This was revealed in a survey undertaken by the Singapore Institute of Management (SIM) and the Australian Computer Abuse Research Bureau. The fact that only 2 per cent
      343 words
    • Article, Illustration
      Expert suggests code of practice for IT industry
      334 2 A COMPUTER EXPERT has suggested that the time may have come for Singapore to consider a national information technology (IT) code of practice. This is important given the rapidly growing IT industry. Wee Tew Lim, executive director of POSB Computer Services Pte
      334 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      205 2 Esso and its dealers know that teainworic always delivers. WmUiM JKlfeT H ■jl BJ i i£BSbo am r i|' Mm i ff| |L& JH JBr /-gagf V B /|jg WBI njjj^^jj^p Dr. James Wong and his family from himself as sales engineer, took down the to make the delivery personally.
      205 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Another SIA record year likely despite fuel costs
      373 3  -  JfiL Dexter Lee SINGAPORE AIRLINES is expected to achieve record after-tax profits this year despite having to bear sharply higher fuel costs, said analysts yesterday. Amid frantic re-calcula-tions to reflect the impact of the Gulf crisis, analysts told BT that SIA should
      373 words
    • Article
      FELS buys 60pc interest in US rig repairer
      373 3  -  By William Chia LOCAL shipbuilding and engineering group Far East Levingston Shipbuilding Ltd (FELS) has purchased a 60 per cent stake in US rig repairer Allison-McDermid Inc. Sources said that FELS was paying US$6 million for the acquisition. A sales and purchase
      373 words
    • Article
      Lock icon Singer Hldgs projects M$ 55m profit
      455 3 Bernama SINGER Holdings (Malaysia) Bhd, which is offering 28.7 million of its shares at Ms 3 each to the public next month, is projecting a pre-tax profit of M$ 54.61 million for its adjusted financial year ending April 30, 1991. Informed sources in Kuala
      Bernama  -  455 words
    • Article
      Lock icon Pacific Bank set to better its profit forecast
      519 3 MARKET TALK MBT PACIFIC Bank is expected to rake in some MS 18 million in profit this year, substantially higher than the M 516.29 million forecast by the bank based on its present activities. According to BBMB Securities, the bulk's profit thereafter
      MBT  -  519 words
    • Article
      Intraco's interim profit down 22pc
      306 3  -  By Elaine Koh TRADING group Intraco Ltd saw a fall in earnings in the first half With thinner profit margins from softening petrochemical product prices and a drop in demand for new care. After turning in a record performance last year, the government-linked group had
      306 words
    • Article
      UEM posts 77pc rise in group profit
      235 3 UNITED ENGINEERS (Malaysia) has posted a 77 per cent improvement in group pre-tax profit to MSS4.O2 million for the first six months ended June 30 1990. This came on the back of a 191 per cent jump in turnover to M$ 142.57 million.
      235 words
    • COMPANY BRIEFS
      • Article
        Nat Steel doesn't share UK broker's estimates
        113 3 NATSTEEL Ltd yesterday said die impact of higher oil prices on its earnings per share will be much less th»n the of the UK broker which was quoted by BT in a report on Monday. The broker had estimated that every hike of
        113 words
      • Article
        Pilecon confirms unit's stake
        61 3 PILECON Engineering Bhd has confirmed that its whollyowned subsidiary, Pileoon Realty Sdn Bhd, holds 200,000 shares of one ringgit in Mutiaia Tegas Sdn Bhd. Replying to a query from the Kuala Lumpur Stock Exrhangr, Pileoon said the shares, which were subscribed at par value, represented 40
        61 words
      • Article
        M R Props to sell Kajang land
        72 3 MR Properties Sdn Bhd, a subsidiary of Malaysian Reaouroes Corporation Berhad, has agreed to sell a piece of land in Kjyang to Datwin (M) Sdn Bhd, whose holding company is Taiyo Company Limited of Japan. The land was sold for M 529.38 million
        72 words
      • Article
        Kg Lanjut's Panglobal disposal
        99 3 KAMPONG Lanjut Tin Dredging Bhd says its disposal of 9.629 million shares in Panglobal Equities Bhd for M 518.5 million, is not subject to the approval of the authorities. It made an extraordinary loss of MS 1.48 million as a result The sale which resulted in
        99 words
      • Article
        Planting Syndicate profit dives
        57 3 THE AYER HITAM Planting Syndicate Bhd recorded a 47 per cent drop in its pretax profit to M 5312,891 for the year ended March 31 against M 5594,301 the previous year. Announcing its preliminary results yesterday, the company said turnover shrank 21 per cent to M
        57 words
      • Article
        Telekom M'sia: float plans on
        101 3 TELEKOM Malaysia said yesterday that there has been no change in its plans to float and list the shares of the company on the KLSE "However, due to the complexity with a flotation of this size and nature, specific timing is dependent on several factors,
        101 words
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      171 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. n MI9!L 1 fiißv/ s fc WW Hi mmt' <$ y\. r > JJKfiVK. 1 I b V m. vo lanß M v V-IMR/^ v 4#*v r 1 iPMr 2^l Wt I Wffi* S 111
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  • REGIONAL COMPANY NEWS
    • Article
      Hongkong considers lowering takeover trigger
      515 4 THE Hongkong takeovers authority is considering reducing the general offer trigger level from 35 per cent to 30 per cent to curb the proliferation of thinly-disguised corporate takeovers that could disadvantage minority shareholders, the South China Morning Post said on Tuesday. It is also seeking
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    • Article, Illustration
      Lock icon Cloud overhangs Jakarta bourse
      288 4 Reuter PROSPECTS for Jakarta's jittery bourse, already under pressure from rising interest rates, have grown more bleak with the Gulf crisis and analysts said it could be some time before it bounces bade. The clouds hanging over the market are getting darker. It's actually about liquidity
      Reuter  -  288 words
    • COMPANY BRIEFS
      • Article
        Ruam Pattana II fund makes debut
        103 4 TRADING is to begin today in the 5 billion baht Ruam Pattana II fund on the Securities Exchange of Thailand. The fund, announced earlier this week, was set up to boo* demand in the stock exchange, according to The Nation. The SET has lost
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      • Article
        NEC raises profit forecast
        105 4 NEC Corp raised its parent net profit forecast for the year to Match 31, 1991, to 83 billion yen from an earlier projection of 80 billion, compared with 74.90 billion a year earlier, a company spokeswoman said. The firm raised its current profit forecast to 145
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      • Article
        Magnum profit up 29pc
        96 4 BREWING group Magnum Corp Ltd, controlled by Brieriey Investments Ltd, said its trading profit rose 29 per cart for the year ended June 30 to NZ572.4 million but consolidated net profit before extraordinaries fell to 552.6 million from $83.5 million. Magnum said the consolidated net profit
        96 words
      • Article
        Poseidon to bid for Newmont
        146 4 POSEIDON Ltd subsidiary Poseidon Gold Ltd said it would make a bid for Newmont Australia Ltd by offering one of its shares for every two Newmont shares. Poseidon Gold said it had purchased 19.99 per cent of Newmont Australia from a wholly-owned subsidiary of Newmont
        146 words
      • Article
        Mitsubishi plans ventures
        91 4 JAPAN'S Mitsubishi group has outlined possible joint projects with Daimler-Benz AG of West Germany that include joint production of passenger cars in the Soviet Union, officials of the Japanese group said. The projects itpnumt the first tangible proposal made by the Mitsubishi group to Daimler-Benz since they
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      533 4 GOOD IDEAS KE£P COMING UP \«HHL\ Expanding snftware. m Increasing factions. ji |WJ Business Cards Dictionary Cards jjHg. W1 3-Dimensional Spreadsheet BZ3U ThesaurWDictionaiy •Time Expense Manager English to French Dictionary Money Planner English to German Dictionary •Business Finance English to Chinese Dictionary Database Memo Q Specialist Cards 335' Link 128
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      351 5 Business Times, Thursday August 30 1990 ADVERTISEMENT Page S i i INTEREST RATE OPTIONS Market takes a beating from Star Way </> r CURRENCY FUTURES OPTIONS Cms rates Interbank rates a *y 1 Broker rates US$/S$ forward rates 4 O I 3 Cross rates Interbank rates 7 <T 'b 4
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Renault to sell stake in unit to Tokyo firm
        96 6 FRENCH CAR MAKER Regie Nationale des Usines Renault is close to selling 35 per cent of its fully-owned unit Societe de Mecanique d'lrigny (SMI) to Japan's Koyo Seiko, tj-ade union sources said in Paris on Tuesday. A Renault spokesman declined to
        96 words
      • Article
        Guerin firm charged with fraud
        78 6 A HOLDING COMPANY of former Ferranti International pic vice-chairman James Guerin has been formally chaiged vfrith participating in a scheme to defraud the British defence contractor, the US attorney's office said in Philadelphia on Tuesday. The company, Parent Industries Inc, previously said it would plead
        78 words
      • Article
        Trump's collateral
        79 6 DONALD TRUMP, as part of his debt restructuring, has pledged as loan collateral equity in Alexander's Inc department stores. Citicorp's Citibank NA, Trump's largest creditor, Was given a first, second and third priority lien on 1.3 million shares of Alexander's common stock under an Aug 22 amended loan
        79 words
      • Article
        Argyll considers options
        89 6 FOOD RETAILER Argyll Group pic is keeping its options open as it considers whether or not to take legal action against Guinness pic over its handling of the takeover of Distillers in 1986, analysts said. Argyll said in London on Tuesday that it had nothing to add
        89 words
      • Article
        Kloeckner dividend payout
        85 6 GERMAN steel and engineering group Kloeckner-Werke said it was still confident it would pay a dividend in 1989/90 for the first time since 1972/73. This followed a statement in June repeating earlier hopes that improved operating profits would enable the company to pay a dividend and transfer
        85 words
      • Article
        BP, Statoil team up
        74 6 BRITISH PETROLEUM and Statoil announced in London on Tuesday plans for cooperation in a variety of activities. The cooperation agreement between the state-owned Norwegian oil company and British Petroleum Co PLCs BP Exploration covers oil and gas exploration and development opportunities in West Africa, offshore China,
        74 words
    • Article
      Lock icon ABB Asea Brown Boveri expected to show strong profits
      375 6 Reuter SWEDISH-SWISS ABB Asea Brown Boveri AG was expected to show strong mid-year profits yesterday as it continues to exploit the synergy effects of the merger between Asea AB and BBC Brown Boveri. "I think we will see a very respectable
      Reuter  -  375 words
    • Article
      EAC plans US$ 20m steel mill in China
      154 6 DANISH trading group East Asiatic Co (EAC) plans to hook up with China's biggest and most profitable steelmaker to build a US$2O million factory in north-east China. EAC hopes to get production facilities in China in return for injecting hightechnology steel processing
      154 words
    • Article, Illustration
      Lock icon Fiat to cut car production
      535 6 Reuter AUTO giant Fiat said on Tuesday that it planned to slash its car production by more than 10 per cent for the rest of the year because of slumping demand in Italy. Company officials said the cutback would force the temporary laying off of
      Reuter  -  535 words
    • Article
      Lock icon IBM sets up venture to produce personal computers in China
      247 6 Reuter INTERNATIONAL Business Machines Corporation (IBM) announced in Beijing yesterday that it had set up its first joint venture in China to produce personal computers. The venture between the Tianjin Zhonghuan Electronic Computer Company and IBM wholly-owned subsidiary IBM China
      Reuter  -  247 words
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      194 6 What sort of impression are you making at work? B V m K Vk. equity jj^~~ I Xf HI It goes without saying, you need to make a great absolute ease. There's a complete range of fonts and After all, the impression to succeed at work. graphics, allowing you to
      194 words
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      129 7 MORE SOFT SOAP FROM SINGAPORE'S FINEST HOTEL. THE ORIENTAL SINGAPORE SM At the Oriental Singapore our concern for detail is natural ingredients such as nuts, fruits and flowers. considered by some an obsession. So be it. Soaps milled by traditional European methods. As a guest we're sure you'll appreciate that
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  • FINANCIAL NEWS
    • Article
      Bankers in HK get warning on shady deals
      385 8 HONGKONG bankers have been warned by the acting commissioner of banking, Mr Albert Cheok, to watch against practices that could harm the reputation of foreign exchange markets, such as insider trading and own account dealing. Speaking at a private meeting of the
      385 words
    • Article
      Chinese highway wins banks' backing
      219 8 AT LEAST eight international banks, five of which are Japanese, have given to Hopewell Holdings in writing their interest in supporting the US$BOO million, 12-year loan to finance the building of the Guangzhou-Shenzhen-Zhuhai superhighway with the Guangdong province. According to the South China Morning Post,
      219 words
    • Article, Illustration
      Pock Too to be new Income chairman
      246 8 THE NEWLY-APPOINTED group chief executive designate of the Sembawang group of companies, Mr Ng Pock Too, will be replacing Mr Bernard Chen Tien Lap as chairman of NTUC Income's board from next month. The appointment will take effect from Sep 1. Mr Ng
      246 words
    • SMALL CHANGE
      • Article
        Support for Japanese rate rise in question
        104 8 JAPANESE Finance Minister Ryutaro Hashimoto questioned the advisability of Japan raising the official discount rate under the current Middle East situation. The Nikkei Quick, an affiliate of the Nihon Keizai Shimbun, quoted Mr Hashimoto as saying he doubts Japan will be able to
        104 words
      • Article
        Nat West plans cutback
        105 8 NATIONAL Westminster Bank pic is planning to cut back its major UK corporate and institutional banking division as part of an internal realignment, threatening up to 300 jobs, a hank spokesman said. Staff cuts of that magnitude, representing 15 per cent of the division's 2,000-strong staff,
        105 words
      • Article
        Midland may seek partners
        84 8 MIDLAND Bank SA, the French investment bank 71.85 per cent-owned by Britain's Midland Bank pic, is considering opening up the capital of its mortgage lending subsidiary, Banque Immobiliere de Credit, to outside investors, a spokeswoman said. She said no definite decision had been taken and Midland
        84 words
      • Article
        Bank reduces loss forecast
        112 8 THE Bank of Montreal said it has reduced its loan loss forecast for the 1990 fiscal year to Cslss million from Cs2oo million. The reduction comes after a restructuring of loans to "a major account in the mining sector." Non-performing loans fell in the third quarter
        112 words
      • Article
        UCPB sets Sep 3 for start-up
        84 8 UCPB Factors and Finance Corp will start its commercial operations on Sep 3. UCPB Factors and Finance Corp will engage primarily in the factoring of receivables. The FilipinoSingaporean joint venture company engaged in factoring in the Philippines is 60 per cent owned by the
        84 words
      • Article
        Countrywide expansion
        106 8 NEW ZEALAND'S Countrywide Banking Corp Ltd said it was in a strong position and well placed for expansion, despite difficult trading conditions. In its second year after listing, the 40-per cent Bank of Scotland unit reported a net profit of NZS 18.23 million in the year to June
        106 words
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      328 8 < II BhHb II ili^^l it "^®j[ 2^ i m U UF^^ i i^|-' v fl|w At least some people agree It's the only reasonably priced liliirriillMiißlßMM s we 38 a num^er other of rase. Nor will you J^ with Epson on the importance of computer around, with a unique
      328 words
  • Page 8 Miscellaneous
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  • THE REGION
    • Article
      Jakarta licenses 98 investment projects
      451 9 THE Indonesian government licensed 81 new domestic investment projects with a combined commitment of US$l.93 billion and 17 new foreign projects with a total commitment of U*****.3 million during the second half of last month, the Jakarta Post reported yesterday. The Investment Coordinating Board (BKPM)
      451 words
    • Article
      Lock icon Suharto orders inquiry into graft
      174 9 Jakarta Post PRESIDENT Suharto has ordered a thorough investigation into a massive scandal in which a senior official of the National Land Agency is reported to have been involved in the illegal acquisition of thousands of hectares of land and the misappropriation of billions of
      Jakarta Post  -  174 words
    • Article
      HK's regional thrust still felt: survey
      337 9 THE number of new regional headquarters being established by foreign businesses in Hongkong slowed last year after the Tiananmen Square massacre, but not as badly as some people had thought, the South China Morning Post reported on Tuesday. According to a government survey, 60
      337 words
    • NOTE BOOK
      • Article
        Indonesia selling oil to the Philippines
        91 9 INDONESIA has agreed to sell some of its oil to the Philippines but has turned down similar requests from India and Pakistan. The three countries had approached Indonesia to buy oil to replace some of the Middle East supplies that had been disrupted by
        91 words
      • Article
        Aussie pump prices up
        90 9 AUSTRALIAN motorists started paying three to five Australian cents a litre more for their petrol from yesterday by agreement of the national price watchdog, the Prices Surveillance Authority (PSA). The PSA's decision to allow the maximum wholesale price to rise to 61.6 cents a litre was
        90 words
      • Article
        Manglapus in Baghdad
        65 9 PHILIPPINE Foreign Minister Raul Manglapus arrived in Baghdad on Tuesday for talks during which he said he would seek assurances from the Iraqi authorities that Philippine residents would be allowed to return home via Iran. Manglapus said he also sought a guarantee that the Philippines* diplomatic representation
        65 words
      • Article
        Manila navy on alert
        85 9 THE Philippine Navy is under orders to disable any private vessel carrying rebel troops in outlying islands as a coup alert continued. Navy spokesman Commander Reuben Lista said the fifth naval district based in the central island of Cebu issued the order to its warships to
        85 words
    • Article
      Bangkok land prices up sharply in first six months
      337 9 INCREASES of more than 200 per cent in outer suburban areas along Suwinthawong and Chalermkrung roads helped to push up the average price of land in Bangkok by more than 90 per cent in the first half of this year, the
      337 words
    • Article
      Lock icon Thailand seeks to woo HK watch makers
      140 9 Bangkok Post THAILAND is attempting to attract members of the Hongkong Watch Federation to relocate their manufacturing facilities in the country and make it a new watch-making centre of the region. A team of private and public sector representatives will visit Hongkong in
      Bangkok Post  -  140 words
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      37 words
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      Page 9 Advertisements Column 2
      276 9 w i 2^ JUL w Br V Hf 3p t 1 k J --#JMI P—f A v K jl '■">4 V d L I RL J I I i\\ II 1" J I! II 1 JV i I II fll 1 fl < v fl h m y i #ns"
      276 words
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  • THE WORLD 1
    • Article, Illustration
      Opec agrees to raise output to boost stability
      505 10 The Gulf crisis THE ORGANISATION of Petroleum Exporting Countries has agreed that an increase of oil is required in order to maintain market stability and regular supplies. The organisation issued a statement after ministerial talks in Vienna yesterday. The communique said Opec
      505 words
    • Article
      Lock icon US firms profit from supplying armed forces
      406 10 NYT AS AMERICAN soldiers mobilise in the Saudi Arabian desert, hundreds of US companies are mobilising in their own way to deliver to the armed forces everything from bullets to bug spray. While no one is hoping for a war, many companies have
      NYT  -  406 words
    • Article
      Lock icon London the nerve centre for Kuwait's economy-in-exile
      311 10 AFP FROM a non-descript building in the heart of the City of London a select group of Kuwaiti men pull the levers that animate a global financial empire as London becomes firmly established as the seat of Kuwait's economy-in-exile. At the centre of
      AFP  -  311 words
    • Article
      Lock icon Plan to invest more in Japan
      118 10 Renter THE EXILED government of Kuwait plans to increase its investment in Japan. The Kuwaiti ambassador to Tokyo, Abduiazeez Alsharikh, said on Tuesday night that the investments, worth billions of dollars, were mostly in the form of bonds and shares under the management of
      Renter  -  118 words
    • Article
      Lock icon Tokyo giving US$ lb to Middle-East nations
      129 10 Reuter JAPAN is set to give financial aid totalling USSI billion to Middle East nations suffering from the United Nations sanctions imposed against Iraq, a Tokyo newspaper reported. The English-language Daily Yomiuri, quoting Finance Ministry officials yesterday, said the aid would form part
      Reuter  -  129 words
    • Article
      Lock icon China gets tough with tardy corporate debtors
      306 11 Reuter CHINA yesterday gave new evidence of debt problems in its state industry despite a massive influx of credit, and it called for tough penalties against firms that refuse to honour debts. The official People's Daily said companies with available cash were refusing
      Reuter  -  306 words
    • Article, Illustration
      Lock icon Kohl promises East Germans a blossoming landscape
      478 11 AP WEST GERMAN Chancellor Helmut Kohl on Tuesday wooed East German voters by promising their economy would bloom, and leftist protesters responded by hurling tomatoes and peaches. Earlier on Tuesday, about 45,000 workers across East Germany staged warning strikes to demand better wages
      AP  -  478 words
    • Article
      Lock icon West German corporate tax cut under threat
      236 11 Reuter WEST GERMAN Finance Minister Theo Waigel said he could no longer set a date for lowering corporate taxes in West Germany. This is the first time Waigel has admitted that the soaring cost of German unity could affect the government's plan to
      Reuter  -  236 words
    • Article
      Lock icon Brazil, IMF to sign debt pre-accord
      192 11 AFP BRAZIL and the International Monetary Fund (IMF) were to sign a letter of intention yesterday paving the way for a US$l.6-million stand-by loan. Sources in Brasilia said on Tuesday that the agreement would not provide for payment to private banks this year but
      AFP  -  192 words
    • Article
      Lock icon Japanese ministers to visit Europe
      157 11 AFP JAPAN'S two top economic ministers will leave for Western Europe later this week for talks with officials on the possible global repercussions of the Gulf crisis, government sources said Wednesday. Finance Minister Ryutaro Hashimoto leaves Tokyo on Thursday for a tour of France, Italy,
      AFP  -  157 words
    • Article
      Lock icon Cheap oil cuts second-quarter US trade deficit
      278 11 Reuter CHEAP imported oil between April and June shrank the gap between US imports and exports to the lowest level in six-and-a-half-years, according to US Commerce Department figures released on Tuesday. The deficit on trade with the rest of the world fell 14
      Reuter  -  278 words
    • Article
      Lock icon US direct investment in Switzerland up
      197 11 Reuter US direct investment in Switzerland rose 8.7 per cent in 1989 to a record U5519.95 billion but will probably level off in future, said Walter Diggelmann, director of the Swiss-American Chamber of Commerce. He told a news briefing on Tuesday that most US
      Reuter  -  197 words
    • WORLD WATCH
      • Article
        Cost estimate of US build-up doubles
        109 11 THE US Defence Department on Tuesday doubled its cost estimate of the US military build-up in the Gulf, saying the price will reach at least US$2.5 billion by the end of September. The new projection, which allows for steep recent increases in fuel costs
        109 words
      • Article
        Venezuela pumps more oil
        71 11 VENEZUELA is already pumping more oil to help make up the shortage following Iraq's invasion of Kuwait, President Carlos Andres Perez said on Tuesday. Earlier, the nation's defence minister announced that Venezuela was preparing to step up security at its oil installations against possible sabotage. Perez's
        71 words
      • Article
        More planes for Saudis
        90 11 THE US administration has agreed to sell Saudi Arabia a US$6 billion emergency package of advanced weaponry, including F-15 fighter planes, M-60 tanks and Stinger anti-air-craft missiles. Defence Department officials said yesterday that the sale, which includes the immediate delivery from US stockpiles of 24 F-15's
        90 words
      • Article
        Help for evacuees
        78 11 THE world has pledged some US$67 million to help Jordan cope with the flood of people clamouring to escape Iraq and occupied Kuwait, US officials said on Tuesday. Hundreds of thousands of Asians, Arabs and Westerners have travelled overland to Jordan since Iraq's Aug 2 invasion of
        78 words
      • Article
        Taipei-Seoul talks
        65 11 TAIWAN'S Economic Minister Vincent Siew flew to Seoul yesterday for an annual economic cooperation conference in which he said the two countries would jointly work out measures to improve their trade deficit with Japan. Mr Siew said before departure that he also carried a letter from Taiwan President
        65 words
      • Article
        Extension for Eurotunnel
        64 11 EUROTUNNEL pic has been granted an extension until mid-September on syndication of a £2 billion loan needed to complete the financing of the Channel tunnel. A Eurotunnel spokeswoman said yesterday that "the agent banks have informed us that an extension has been granted until mid-Sep-tember". She said
        64 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      145 10 A\\ 11 x a CALL M* Fwssy, X WJ-T V u i FLY or 4 AifcLusiE TH AT HAva L/AAJHE ZAogAO/ |^HW,. *4• IH Over 600,000 Singaporeans read Lianhe Zaobao faithfully everyday. It s the leading > jT Iffi JgL lianhe Zaobao 1-V^^^TL-Chinese language daily in Singapore. And your passengers
      145 words
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      Page 10 Advertisements Column 2
      72 10 We offer for storing and distribution (Germany European Wide) a well Equipped Warehouse (Bonded if required) of 11, (XX) SQ Metres, 8.50 1 -Metre Height, Central Heating, Rail-Connection. j Well Trained Highly qualified Personnel is 11 available for services in the Import/Export, Warehousing Transport Fieki. j! Please Contact: or HERMANN
      72 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      417 11 The Chartered Institute of Transport Malaysian Strategic Malaysia Section Consultancy Jointly Present Date: 10th &11 th September, 1990 Venue: Kuala Lumpur Hilton OFFICIAL OPENING AND KEYNOTE ADDRESS BY DATO SERI DR UNG UONG SIK, MINISTER OF TRANSPORT MAJOR TOPICS: THE ROLE OF THE TRANSPORTATION MALAYSIAN COMMERCIAL AVIATION IN THE INDUSTRY
      417 words
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  • Article
    Professional pep sought
    469 12 EDITORIAL a t the Fifth Singapore Conference on A International Business Law last week, Mr Justice Lai Kew Chai told the legal profession that it is important for the law to keep in step with business practice. As new forms of doing business are found by entrepreneurs
    469 words
  • WHAT THE OTHERS SAY
    • Article
      Glucose for the marathon
      227 12 AT HIS final National Day rally speech as prime minister, Mr Lee Kuan Yew made no mean boast when he said that internally things could not be better. Few countries of similar age and lineage can today match the Republic's socio-economic achievements. The future situation can
      227 words
    • Article
      Saudis' trump card
      117 12 SANCTIONS AGAINST Iraq have deprived the world of four million barrels of oil a day. With the shortfall and consequent higher oil prices, a worldwide bout of inflation is inevitable. Such a develop- ment is inimical to the interests of oil-rich countries such as Saudi Arabia. Riyadh's
      117 words
    • Article
      No time to let up
      148 12 IT IS encouraging to note the satisfaction expressed by Mr Lee Kuan Yew at the National Day rally on the progress made by Singapore Malays in the past 25 years. Such achievements notwithstanding, the Malays must ask themselves whether it means that they have overcome
      148 words
  • REGIONAL VIEWPOINTS
    • Article
      Force to be reckoned with
      173 12 THE OUTSIDERS brought into the new (Thai) Cabinet as ministers are widely recognized as respected professionals. With Dr Virabongsa Ramangura as finance minister and Amaret Sila-on assuming the commerce portfolio, the prime minister will have competent help. The third outsider, Pol Gen Vasit Dejkunjorn, is
      173 words
    • Article
      What about the big fish?
      166 12 THERE IS little doubt that one of the prime objectives behind the (Thai) Cabinet reshuffle was to prop up the government's image which has been badly bruised by the series of corruption scandals the Social Action Party. Several vital questions remain unanswered in connection with
      166 words
    • Article
      A formidable task
      144 12 SLOWLY AND belatedly, West African countries have banded together to intervene in Liberia to attempt to restore order to a state ravaged by a three-way civil war. None of the three factions fighting for supremacy in Liberia is worth supporting and it is not clear which side
      144 words
  • Article, Illustration
    Lock icon The king who is trying to stay afloat
    884 12  -  King Hussein has not been noted for being choosy in picking his allies. In this time of high tension in the Gulf, he has decided to throw in his lot with Saddam Hussein. Gideon Rafael examines the twists and turns in the
    IHT  -  884 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      211 12 AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE < E z o 0 < > z I 1 IBM' dß^nvi9T^H y-.TmHrTiriMiKnl^^^i^^^B z When you visit a country as guest is greeted with a warm smile > 5 different as China, you
      211 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      56 12 DOONESBURY BY GARRY TRUDEAU BP, WHEN YOU PIPNTCOME I THOUGHT MAYBE REAUKVCU BACK f*OM THE JEWEW STORE, WP BEEN PICKEP THOUGHT THAT* B P., I UFV/ T I THOUGHT SOMETHING AMPUL UP W SOME PRIFT- PIP YOU UH...NO, UASVEW HAP HAPPENS TO YOU... ffttUHDTOOK YOUR CALL THE 1...1... UPSET WTTH
      56 words
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  • ANALYSIS
    • Article
      Lock icon Exchange referee who will try to be fair to all
      848 13 The new chairman of the New York Stock Exchange, Bill Donaldson, is regarded as a knowledgeable and well-connected industry insider. He is also interested in beine fair to investors both large and small. FT WHEN Mr Bill Donaldson was named
      FT  -  848 words
    • Article, Illustration
      The Merc's global plan for the future
      1507 13  -  Chicago is home to the world's two biggest futures exchanges. Soh Tiang Keng, who was there recently, examines the global and Asian strategies of the CME and CBOT and their impact on Singapore in the first of two reports. Soh Tiang Keng THE
      1,507 words
    • Article
      Lock icon The world changes its economic direction
      827 13 Saddam Hussein has put the global bull market on hold, perhaps for a long time. International Business Week STOCK markets toppling worldwide. A weak dollar growing feebler. Interest rates rising and gold triumphant. A world financial community that beariy a month ago was enjoying
      International Business Week  -  827 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      366 13 25 26 September 1990 Kuala Lumpur Hilton Top level speakers will address pertinent Presenting a panel of the industry's top issues like: professionals: The Malaysian tax system and its recent ■Mr Veerinderjeet Singh developments Lecturer in Taxation Effective tax planning for investment °f. E^° n nucs Administration portfolio management ChristonherM
      366 words
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  • ADVERTISING & MARKETING 1
    • Article, Illustration
      SPH launches $ 12m AdNet system
      401 14  - SPH launches 12m AdNet system Jl Sangeeta Mulchand FROM Saturday, advertisers need contact only one person to make enquiries about or bookings for advertising space in the 11 newspapers of the Singapore Press Holdings group. The group's $12 million investment in a fully-comput-erised advertising network (AdNet) system also means that
      401 words
    • Article, Illustration
      Musical to celebrate 1 Oth year
      185 14 Henen Advertising tries its hand at showbiz Homegrown agency Henen Advertising has a little more up its sleeve than a 30second commercial for a blue chip client. Indeed its next production will be a $200,000 two-hour-long full-scale musical that tells the company tale. Marking
      185 words
    • Article, Illustration
      Agfa spending $5m to put itself back in die big picture
      379 14  -  JL Claire Leow AGFA, part of the giant Bayer group of West Germany, is staging a comeback in the photographic film market now dominated by Kodak and Fuji. It will be spending $S million over the next few years
      379 words
    • Article
      S Steamship uses hi-tech videos to market property
      315 14 PROPERTY marketing is going high-tech with computer-animated videos capable of depicting actual fixtures and finishes of uncompleted buildings. Straits Steamship Land's Ocean Towers, which is being marketed, will have a $1 million high-tech marketing tool behind it, the general manager of Straits
      315 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      39 14 I w To satisfy today's fast paced f; executive, the Compass Rose The and of course the most spectacular views of Singapore. l a carte menu to P s l^e Compass Rose For reservations: call 330 8310 ISIAMtANI ■HBw>
      39 words
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      Page 14 Advertisements Column 2
      47 14 w> PPttte meal firom our menu— jßff| y j •oup/salad, main *jm dessert and listed beverage— and we guarantee it will com no nsoce than $33.00. A CARTE D.NINCIB^H A GUARANTEED PRICE. I 1 TERAZZA n<m At Sheraton Towers, J9 Scorn Road, Singapore 0922. Tel: 737 6SSB.
      47 words
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  • SPORTS
    • Article, Illustration
      Lock icon Edberg crashes out of US Open
      970 15 AFP IVAN LENDL did not see Stefan Edberg lose in straight sets to Alexander Volkov on Tuesday, but the three-time US Open champion gave an analysis of the upset that had Rushing Meadows abuzz. Edberg, whose torrid run of four straight singles titles beginning
      AFP  -  970 words
    • Article
      Lock icon Krabbe, Christie grab golds at European meet
      286 15 AP IN JUST over a month, the East German national anthem will never be heard again. But it's still the most frequently heard tune at the European Track and Field Championships in Yugoslavia. The last appearance of East German athletes as a separate
      AP  -  286 words
    • SIDE LINES
      • Article
        Two sent off in explosive London derby
        98 15 DENNIS WISE, Chelsea's new £1.6 million winger, and Crystal Palace midfield man Andy Gray were sent off after a first-half brawl in an explosive London derby on Tuesday night. They were shown the red card by referee Brian Stevens for swinging punches after
        98 words
      • Article
        England in good spirits
        82 15 ENGLAND marches on to Australia with a spring in its step >* after securing a 1-0 series victory over India at the Oval dn' Tuesday with a draw in the third Test. A second consecutive series triumph, following the 1-0 success over New Zealand, has left
        82 words
      • Article
        Foreman's bid
        57 15 FORMER heavyweight champion George Foreman will try to extend his 22-fight winning streak against Argentinian charis- pion Walter Masseroni next month at the London Arena. > Foreman, 42, has won 22 consecutive contests since coming out of retirement in 1987. Twenty-one of those have been by knockout. The
        57 words
      • Article
        Douglas the underdog
        65 15 WORLD heavyweight boxing champion James "Buster" Douglas, who knocked out Mike Tyson as a 42-1 underdog, has been named the underdog for his Oct 25 title defence > against Evander Holyfield at the Mirage Hotel in Las Vej*s. Holyfield was chosen on Tuesday as a 13-5 favourite
        65 words
      • Article
        Hill qualifies
        85 15 SINGAPORE'S Peter Hill was among the eight qualifiers for the main draw of the US$4O,OOO Sharp Malaysian Opto Squash Championships, which started in Kuala Lumpur ffei terday. The Singaporean, the region's best player, on overcame New Zealander Paul Steel in four sets to join Mi Pakistanis and a
        85 words
      • Article
        Soviets take time trial
        97 15 THE Soviet men's team won the 1004 cm time trial whj|M« mechanical problem dogged US hopes of a rare medal at<fej£ world cycling championships in Utsunomiya, Japan, yemfr day. The Soviet Union clocked one hour 56.50 secondtfap reclaim the title it last held in 1985. East
        97 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      375 15 I It happens to all of us. We find ourselves unable to stimulate their genuine interest, whether speaking speak up when we really need to. We remain in the to one person or to a crowd. ranks of the "silent majority" the people who are vr never heard from while
      375 words
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      Page 15 Advertisements Column 2
      739 15 "It 2K THE BANK OF EAST ASIA, LIMITED 10 DES VOEUX ROAD, CENTRAL Eg CONSOLIDATED BALANCE SHEET AT 31ST DECEMBER IM9 CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 3IST K* DECEMBER 19M ml* I IM9 INS HKTMM HKS'M* 19m 19m B' SHARE CAPITAL HKTtM Authorised 400.000,000 (19S8-200.000,000) 1.000,000
      739 words
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  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      205 18 WHERE TO WINE, DINE AND ENTERTAIN. WHERE TO WINE, PINE AND ENTERTAIN... WHERE TO WINE, PINE... Some of our best advertising is by word-of-mouth. i K I Jfl I For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 350 8310
      205 words
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      Page 18 Advertisements Column 2
      319 18 UNIQUELY HYATT Brannigan s is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday 11 am to lam Fri(|ay;and Saturday -JA am to 2 am HYATT REGENCYQSMGAPORE 10-12 Scons Road. Singapore 0922.
      319 words
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      Page 18 Advertisements Column 3
      302 18 W&MIM Select your lunch or dinner from our Japanese set Sample delectable Tempura (deep fried seafood) Tonka tsu (pork cutlet), Yakl IMlku (fried beef with sweet ginger sauce) and more. Affordably priced at $14 Or try exotic Una)u (grilled eel with sweet wine sauce). $18 \\S^ The choice is yours!
      302 words
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      Page 18 Advertisements Column 4
      311 18 t 1 o. 4 Saycheeseto— <J < I SWISS i j* The Swiss have such wonderful ways with cheese Savour them and more at The Belvedere's Swiss Buffet this month SWISS BUFFET LUNCH < August I 31, Noon 2.30 pm k Adult: $36++. Child below 10: $18++ K We serve
      311 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      631 18 TELEVISION AND RADIO <MwwwwßMWinMßiiMWHiiiiiw i 1 1 ■■■mm, "HI D Z, 10.00 Today hi Parliament. 145 Pup—■ BUSINESS 08 BADK) V SBCI2 10.35 *Colohratloo Special The 7.00 Cahia News Network. -^^^IHUllßiri Love in a new land xrs^ir™ 0 3»sss-» assaMs*" »»as— M-TW SS""" ■HKTTrnTOrnHH Midas Touch: Two Faces Of SBCB
      631 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Some fat facts to ponder on
      1004 19  -  Which is more healthful butter or margarine? Densie Webb churns out the figures and skims off the myths Densie Webb NYT A STUDY published on Aug 16 in The Afew England Journal of Medicine created quite a stir when it suggested that margarine, the
      NYT  -  1,004 words
    • Article
      Lock icon Option for vaginal birth after Caesarean delivery
      531 19  -  Warren Leary talks to doctors who encourage it Warren Leary NYT AN increasing number of pregnant women are giving birth through vaginal delivery after a previous Caesarean section, partly because more doctors say they are discussing this option with patients, according to a
      NYT  -  531 words
    • Article, Illustration
      Tribute to Buddy Rich out in print in Sep
      622 19 MEL TORME has finished "Traps, the Drum Wonder*', his biography of Buddy Rich. The singer began it in 1975, put it aside for his own autobiography and completed the manuscript last month. It has been submitted to publishers by Sterling Lord,
      622 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      247 19 AND ENTERTAIN The Happiest Hours In Town. happy hours SPM TO BPM. If DAILY OPENING t HOURS JI 11AM TO lAM Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. A.® Century Park
      247 words
    • Advertisement
      Page 19 Advertisements Column 2
      147 19 TnAII/A Restaurant and 1 KvlllV/% Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Shashlik A La Troika Borsch Baked Alaska HAPPY HOURS $12.00 ONLY Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to 130pm 7.00pm to 2.00 am Mondays to Sundays 6.00pm to IO.OOpm Fax: *****33 133 Cecil
      147 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Prices end weaker as investors turn cautious
      4539 20  -  By Abdul Hadhi IN THE absence of fresh incentives, most investors moved to the sidelines on the Singapore stockmarket yesterday. Brokers said share prices closed weaker across the board in thin trade. An analyst said "Most institutions were sidelined, after hectic activity on
      4,539 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3936 21 Main Board H Negara 450 +50 +12.5% Semb Shipyard 570 +30 +5.6% GE Life 1200 20 +1.7% GB Hldgs 10* 34$ +18 +5.5% UOI 232 +17 +7.9% Poiytek 50* 120 +13 +12.1% Keppel Corpn 590 +10 +1.7% Spore BusF 500 520 +10 2.0% Times Pub
    3,936 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      114 22 finnirj Bate Ymt Amp Itot N«t unitefs 8rn» mm to pr*ftt/tMS (L) Mr dhtoawd (*0M) (Matt) Munloong Auf 21 Mar 90 M$4.974($3,785) 15 5(118) 10(10) MM Ant 14 Dec 89 M$701($2,998le) 1.5(-) Summa In* Aug 14 Mar 90 $4,0891 ($8,0201) HTPHMp Aug 3 Mar 90 $2,334(12,7541) 2.6(-) JC-MPN
      114 words
    • Article
      PRELIMINARY RESULTS
      116 22 rimp.n Date Yaar GrMp pretax Nat MmiRgs«*•»* m to pr«flt/l«»s (L) pw slum dlvMaad ('000) (Mate) Centreoomt Ant 27 Jun 90 J17.370(J13,453) 5.4(3.9) 5 8(2.9) BMT Aug 24 Jun 90 $1.146($726) 254.2(169.6) 150(100) fenuntai Aug 22 Ape 90 M$2.946L(M$10.047) -(23.1) 2(30) joton hub Aug 22 lan 90 M$6,498(M*3,207L)
      116 words
    • Article
      DIVIDENDS ANNOUNCED
      711 22 Carrwt Ex Baafcs Date Tatal tor Tatal far payawat data daaa payaMa tfca yaar last yaar Nti rtdp 6% Aug 28 Sep 7 Sep 26 6* 6* MOB 2.5% Sep 14 Sep 28 Oct 27 2.5* 2% MM 10% Sep 21 Oct 5 Nov I 10% 7.5%<a) Avm
      711 words
    • Article
      INTERIM RESULTS
      278 22 fillii~r Date HaH-y«ar 6r*«t pre-tax l«t«d« am to prdtt/toM (L) AM4«* COM) MAA Aug 28 Jun 90 M$1,909($434L) Prima Aug 28 Jun 90 $9,754($15,020) 10(10) IOC Aug 28 Jun 90 $5,708($1.183) 06S Land Aug 24 Jun 90 $21,148($24.003) Guinness Aug 24 Jun 90 M$43.210($35.969) 14(16) YMS Aug 24
      278 words
    • Article
      CORPORATE DEVELOPMENTS
      451 22 im 27 Tai Glm| Chung Steamship a Hongkong company, may shift its entire shipping operations to Singapore by 1993. The company has recently acquired 9,000 sq ft of commercial space at Lucky Plaza where it expects to set up a Chinese restaurant before the end of the year.
      451 words
    • Article
      RESULTS DUE
      536 22 Half in Stocks last Fril Yaw Cp taM tot Tot EPS &w M tost ytm (TMD Leaw Haat Intenm Mar 30 Ok 89 5351(h) EMS Intenm Apr 26 W 90 13(a) 2JTE(a) 4.747 FM Intenm 1« 23 Sep 90 35 6 18 0 62J68 Mn Intenm Aug 1
      536 words
    • Article
      APPROVED ISSUES
      384 22 Company Rights Issue KMa Mb (KX) Often lor sale by or on behalf of Utd Enpneers (M) Bhd of 25 2m shares by way of a ngfits otter to entitled shareholders of KK on the bass of tov-tor-one 3 MSI ft each. Ei-date Jul 20 Books dose Aug
      384 words
    • Article
      BONDS, LOANS & WARRANTS
      605 22 BONDS, LOANS WARRANTS Cmvmtt Cwwniw p>y Cwwtaitwite—twyiw CM m Batort 26/4/93 1 wral P* P-09 a* C— wit Laan 1 Nt 2/10/89 It 20/10/94 1 warrant pte SI cart a 1 mm* pte $1 now—I amount a< tan *tt g—npiirtw OmMMI Mw* <7 Id 31/12/91 1.56 warranto pte Sl-55 cart
      605 words
    • Article
      PROPOSED ISSUES
      509 22 Company Rights Issue Man One-tor tour MJ2 00 per share Cauwway Caprtal reduction scheme to reduce par value of shares from $1.00 to SO GO; ftyts Bsue o« 3:4 SO GO per share CMA One-tor one M$4 00 per share Every tour nfhts shares would be issued with
      509 words
    • Article
      RECORD HIGHS & LOWS
      135 22 RECORD HIGHS LOWS Bl wmposiw WOW 1990 1* 1607.12 (27/3/50) 1990 ta* 1435 J3 16/7/90 1JJQ H 27 (23/8/90) 1990 tar 1084.43 (23/8/90) 1W) 1487.76 (26/12/89) J2S? (2 »ffi£! ISIT 1030.69 (4/1/5) 1989 tor 917.42 (4/1/89) *****7 (8/8/88) 22!* l !5i5 Sfifi SS* 161 w5S 1-1 «%!fi *Utaml*r 1607.12 (27/3/90)
      135 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      149 22 This announcement appears as a matter of record only New Issue August 1990 FT) Bank Bumi Days acting through its Cayman Islands Branch U5570,000,000 FLOATING RATE NOTES Comprising U5539,500,000 Floating Rate Notes due 1995 ("Tranche A Notes") and U5530,500,000 Floating Rate Notes due 1995 Redeemable at Holders' Option after 1993
      149 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Market ends marginally easier on profit-taking
      3644 23 AFTER three successive days of gains, the Kuala Lumpur stock market finally succumbed to profit-taking yesterday to finish marginally easier in erratic trading. Dealers said market operators were generally cautious following the downtrend on the Tokyo stock market. As evidenced by the 225-share Nikkei
      3,644 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      366 23 environmental! International 5 TECHNOLOGY Confer ExM***! on Environmental Technology Organised by Times Conference Supported by The Ministry of Environment and L- 1 1 The Singapore Economic Development Board ENVIROTEC '92 13-15 February 1992 World Trade Centre, Singapore Environmental protection is today a major concern among the world's governments. Industrial pollution,
      366 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks end three-day winning streak
      2247 24 Reuter TOKYO STOCKS closed sharply lower yesterday due to fears of climbing interest rates and profit-taking on three previous days of gains. Brokers said talk of tightening credit and concerns over the mideast crisis had long term investors sidelined leaving the market to professionals. "Futures
      Reuter  -  2,247 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks finish lower on profit-taking sentiment
      2417 24 Reuter HONGKONG stock prices mirrored Tokyo's movements, falling to the day's low in late afternoon trade yesterday as the Nikkei index closed more than 800 points down, brokers said. The Hang Seng index fell 62.99, or 2.05 per cent, to 3,015.95. Strong profit-taking sentiment
      Reuter  -  2,417 words
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  • REGIONAL STOCK MARKETS
    • Aussie market ends lower in quiet trade
      • Article
        AUSTRALIA
        935 25 THE AUSTRALIAN share market closed slightly lower in featureless trade yesterday, with brokers and investors waiting for developments in the MiddleEast. Brokers said there was a general feeling that tension in the Gulf was easing, but institutions were unsure and had stayed out of the market. Lacklustre performances on
        935 words
      • Article
        TAIPEI
        376 25 TAIWAN STOCKS finished sharply lower as profit-taking investors rushed to sell their holdings after two sessions of gains, dealers said. The weighted index lost 200.97 points, or 5.57 per cent, to close at 3,405.21. Turnover rose to NT546.7 billion from NTS 18.25 billion. Dealers said the index, which rose
        376 words
      • Article
        MANILA
        462 25 PHILIPPINE share prices closed mostly lower after a three-day rally as investors took profits yesterday, brokers said. The Manila Stock Exchange composite index shed 9.58 points to close at 742.48. The combined turnover at the two bourses fell to 351.21 million shares worth 77.86 million pesos compared with Tuesday's
        462 words
      • Article
        BANGKOK
        727 25 EARLY GAINS on the Thai stock mar- ket were trimmed by profit-taking across the board in the last hour of trade yesterday, brokers said. The SET Index rose 11.22 points to end at 834.97 on turnover of 64,011,114 shares worth 4,041.25 million baht. Gains led losses 106 to 69.
        727 words
      • Article
        SEOUL
        815 25 SEOUL STOCKS closed off their highs in active trade yesterday as sellers finally came back into the market to take profits after two days of sharp rises. The composite stock index rose 5.35 points to 647.77, with volume at 281.2 billion won against 65.7 billion on Tuesday. "After two
        815 words
      • Article
        JAKARTA
        620 25 THE JAKARTA stock index crept up 4.77 points to 556.34 yesterday, but turnover fell to 3.17 million shares from Tuesday's 3.29 million. Sentiment was bullish on the banking sector, with Bank Duta rising 650 rupiah to 6,600 on turnover of 647,000 shares. Bank Umum Nasional closed 300 nipiah higher
        620 words
      • Article
        NEW ZEALAND
        363 25 THE NEW ZEALAND share markd yesterday closed slightly easier overall j after recovering some of its losses in the j morning session. The Barclays Index Estimate eased 3.81 points to 1,594.39 after ending the morning down 7.77 at 1,590.43. '.w Falls outpaced gains 20-12. The market remains led
        363 words
      • Article
        BOMBAY
        92 25 RUMOURS that the Bombay Stock Ex- change authorities were imposing restrictions on cash scrip wiped out the gains made initially in the market yes- terday, brokers said. Exchange president G B Desai denied the rumours, saying, "it was a misinterpretation of an earlier notice that brokers should pay full
        92 words
      • Article
        Untitled
        445 25 dam PicvioM SYDNEY All Ordinaries Index 1487.2 1491.0 -3.8 All Industrials Index 2244.6 2250.0 -3.4 All Resources Index 900.8 903.3 -2.3 Turnover (million) 61.19 NA XMMMK SET Index 834.97 823.75 +11.22 Turnover (nearest *000) 64,011 21,716 42,295 JAKARTA Composite Index 556.34 551.57 +4.77 Turnover (nearest *000) 3.17 3.29 -0.12 mahha
        445 words
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  • WORLD STOCK MARKETS
    • Wall Street punters keep to the sidelines
      • Article, Illustration
        NEW YORK
        1118 26 WALL STREET investors appeared to take a breather on Tuesday after a roll-er-coaster ride which saw the Dow Jones index of 30 leading industrials plunge more than 111 points last week and then rebound by more than 78 points on Monday. After spending most of the session maiginally
        1,118 words
      • Article, Illustration
        LONDON
        832 26 LONDON SHARES drifted sideways in slack trading towards midsession yesterday. A number of key UK company results released yesterday morning provided no real surprises or incentives to enliven the market, dealers said. By 1102 GMT the FTSE index was 2.0 points higher at 2,128.1, after a session low of
        832 words
      • Article
        FRANKFURT
        239 26 WEST GERMAN share prices ended higher after a weak start yesterday, recovering on news that Opec oil producing nations were prepared to raise oil production, dealers said. Traders said turnover was particularly thin and prices had also risen as a limited number of orders were placed into a market
        239 words
      • Article
        ZURICH
        365 26 SWISS SHARES traded little changed on light volume at midsession yesterday as buyers as well as potential sellers stayed away from the market, dealers said. The all-share SPI index stood at 1,007.1 points, 0.3 point above its previous close. The SMI index of leading shares rose 1.6 to 1,514.9.
        365 words
      • Article
        JOHANNESBURG
        342 26 THE JOHANNESBURG stock market was firm at noon yesterday, buoyed by speculative interest in select issues. But dealers said trading was very cautious amid events in the Middle-East gulf. Leading gold shares led the trend as world bullion prices, although still well down from recent highs, came off their
        342 words
      • Article
        BRUSSELS
        180 26 BELGIAN SHARES opened mixed in low trading volume yesterday as market operators stayed on the sidelines ahead of the meeting today between UN sec-retary-general Javier Perez de Cuellar and the Iraqi leader Saddam Hussein. "If the meeting goes well the market will go up but if its no good
        180 words
      • Article
        PARIS
        122 26 FRENCH share prices drifted slowly down for much of a quiet and indecisive morning yesterday, but were given a late boost by positive news on oil production from Opec countries, dealers said. The CAC-40 index was quoted 1.15 points down at 1,679.43 at 1030 GMT after opening at 1,671.20.
        122 words
      • Article
        TOHONTO
        183 26 TORONTO STOCKS closed slightly lower in light trade on Tuesday after late strength in aotd shares lifted the market from cany lows, dealers said. "We're stuck in a narrow range here," said analyst David Dorrity of Levesque Beaubien Geoffnon Inc. The composite index lost 4.1 to 3,354.2 on volume
        183 words
      • Article
        MILAN
        231 26 ITALIAN SHARES rallied slightly late in the session to close above earlier lows after Opec announced some members would boost oil output, but the market remains highly nervous and vulnerable to Gulf developments, brokers said. Brokers said they noted more buying interest and sentiment may have been helped by
        231 words
      • Article
        AMSTERDAM
        252 26 DUTCH share prices were recovering from mid-morning lows at midsession yesterday with encouraging company results lending some support, dealers said. The CBS all-share index was 0.2 points lower at 102.3 at 1105 GMT, having earlier slipped as low as 101.4. Publisher Wolters Kluwer added 1.00 guilder to 48.20 after
        252 words
      • Article
        Untitled
        131 26 Aug 28 Owe Previous NEW YORK Dow Jones 2,614.85 2,611.63 +3.22 NYSE Financial 123.60 123.93 -0.33 SAP 500 321.34 321 44 -0.10 Turnover (million) 127.65 160.15 -32.5 LONDON Financial Times 30 1657.40 1616.80 +40.60 FTSE 100 2126.10 2086.40 39.70 Turnover (million) 281.6 347.7 -66.1 AMSTERDAM CBS General 179.70 179.20 +0.50
        131 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Sterling continues to soar in early London trading
      1242 27 FOREX MARKET REPORTS THE British pound yesterday continued to rise sharply during morning trading in London, reaching 3.03 German marks, while the US dollar moved up marginally in calm trading in the absence of major new developments in the Gulf. Dealers said
      1,242 words
    • Article
      INTERBANK FOREX RATES
      386 27 Cross rates .*^29 US$ S$ MS Dm Yen SFr AS NZS USS 1.7640 2.6880 1.5570 143.30 0.5136 1.2870 1.2048 1.5873 SS 0.5669 1.5238 0.8827 0.8124 0.2912 0.7296 0.6830 0.8998 MS 0.3720 65.63 0.5792 0.5331 0.1911 0.4788 0.4482 0.5905 Dm 0.6423 1.1329 1.7264 92.04 0.3299 0.8266 0.7738 1.0195
      386 words
    • Article
      MONEY MARKET
      557 27 Interbank rates St Bid Offer Overnight 5 1/4 5 1/2 1-month 6 9/16 6 11/16 2-month 6 11/16 6 13/16 3-month 6 11/16 6 13/16 Overnight mode: 5-7/8 USS Bid Offer 7 days 8 1/16 8 3/16 1 month 8 1/16 8 3/16 2 months 8 1/16 8
      557 words
    • Article
      FINANCIAL FUTURES
      1591 27 SIMEX FWHHHftKMI Open High Low Sett Est Vol Op/Int Vol Sep 90 91.86 9L88 91.86 91.86 1320 ***** 2273 Dec 90 91.84 91.88 91.83 91.88 8000 202S4 ***** Mar 91 91.75 91.79 91.73 91.79 2500 6633 5491 Jun 91 91.62 91.66 9I.6IA 91.65 947 1239 1802 Sep 91
      1,591 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Crisis serves as reminder of oil supply instability
      384 28 Reuter LEE RAYMOND, president of US oil giant Exxon, said on Tuesday the Gulf crisis reinforced the world's need for diversified and secure supplies of petroleum. "It seems we have to have one of these events every 10 years to refocus our
      Reuter  -  384 words
    • Article
      Lock icon Long-term aluminium supplies in the balance
      304 28 Reuter THE CRISIS in the Mideast Gulf could have long-term repercussions for aluminium as sorely-needed new supply projects could fall by the wayside, metal and industry analysts said. "Twenty-five per cent of planned new projects are in the Gulf...and are now threatened with foreclosure,
      Reuter  -  304 words
    • Article
      Tin price sheds another 6 sen to M$ 15.59
      828 28 REPORTS THE tin price, which has fallen to its lowest level for 44 months, eased another six sen to MS 15.59 per kg. At the opening level of M$ 15.65 on the Kuala Lumpur Tin Market, there were bids for 45
      828 words
  • Article
    PRICES
    1308 28 Rubber Ay 29 !■>*»> Scenu/kt Noon Close Int I RSS Prompt 16l.0(yi62.00N 161 00/I62.00N In( I RSS Sep 90 161.00/162.00 161 00/162 OON Int 1 RSS Oct 161.00/162.00 161 00/162 OON Int 2 RSS OP 154.50/156. SON 154.50/156. SON Int 3 RSS OP I50.00/I52.00N I50 00/I52.00N Int 4 RSS
    1,308 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1150 28 NOTICES Bank Bumi Days U5570,000,000 Floating Rate Notes due 1995 acting through Its Cayman Islands Branch In accordance with the provision of the Notes, notice is hereby given that for the interest period from 29 August 1990 to 28 February 1991 the interest rates and coupon amount are as follows:
      1,150 words
    • Advertisement
      Page 28 Advertisements Column 2
      15 28 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      872 29 aty rat n* rat n» i M. (Ml GA887 1225 KLB40 2115 GA975 1300 GA894 2350 KL836 1415 5555 QFB1 I960 QF82 2200 SQ228 2015 ftMtariM SQ23 0720 GA975 1300 SQ24 2200 KL839 1415 GA894 2350 miii I 0A472 0050 ***** BAU 1456 SQ325 2045 MgM
      872 words
    • Article, Illustration
      Beating the heat in style
      642 29  -  POSTCARD FROM SPAIN By Stephen Brown SPURNED for years by young Spanish women as fit only for their grandmothers, the fan, the most typically Spanish accessory, has fluttered back into fashion. The abanico has survived air-conditioning, electric fans and small battery-operated models. It is quieter
      642 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to one wit of foreiga currency Currencies Bid Offer Australian dollar I.4S70 1.4770 Canadian dollar 1.3310 1.3310 NZ dollar 1.090 1.1300 Sterling pound 3.4200 3.4300 US dollar 1.7600 1.7700 Local dollars to 190 salts of foreign currency Austrian schilling 13.80 16.80
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      144 29 Duration Title Venue Qnpniacr Td Dwtiai Tide Ve—e On—faer *W Trade Fair Cor Und Congrm Sep 7-17 International Switzerland Schwetxer Muter 61/666.20.20 A GmbH Fair Muatermeae Finishii* Sep 10-16 International Spain Foire 3/423.31.01 Techniques TV, Sound and De BarceJooe Sep 25-30 International Spain Feria Moot- 6/*****00 Electronics
      144 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      6 29 CHICAGO s i: > r Air Canada
      6 words
    • Advertisement
      Page 29 Advertisements Column 2
      175 29 ■UmUlli 101-107 Godcridi Street, East Path, I Weston Australia OOTSTAPIDIfIG REDEVELOPMENT I oppoßTonrnr I ALSO I SOITABLE POR OWNER OCCUPIER 3 Separate tMes I Land Area 3073m 2 I Improvements: Office/Warehouse: 1851m 2 I Residence: 190m 2 I Zoning: Residential Rl6O I On Site 11am 26th September 1990 I DetaAs
      175 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      144 29 ruM wild?^ 17 Mt y men t ,he sit drive, but it runs bril- mid-month (6) v' liantly in South America 25 In France, she takes 28 With drooping tubular name of Terry (5) bloomers, one says very e at factory (6-5) he YISTtRPAVS SOIUTKW 2 Composer left in army
      144 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      206 29 Singapore Ondook: Showers over several areas Report: Max temp. 32.8"C Assoc humidity 66* Min temp 24.9"C Assoc humidity 97% Hn of sunshine.— 7.45 Rainfall in mm 12.6 RainfaM this mCh 138.1 Rainy days this mth. II lIImU Innannf TTono forecast Asia-Pacific Hi/Lo* Cond. Auckland 14/06 Fair Bangkok 33/26 Showers Beijing
      206 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      6 29 "P>MM laSStrP G€ORSe **j$J V fir
      6 words
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  • Article
    Fellowship in honour of PM
    437 30  -  Business heads launch $10m Lee Kuan Yew Exchange Fellowship *L Kenneth James SINGAPORE'S business leaders yesterday launched a $10 million fellowship called the Lee Kuan Yew Exchange Fellowship as a tribute to the Prime Minister for his invaluable contributions to the nation. Accepting a speciallydesigned
    437 words
  • Article, Illustration
    Kuwaiti minister in Singapore
    82 30 The Kamki oil minister, Mr Rasheed Salem al-Almeeri, met the First Deputy Prime Minister aid Defence Minister Goh Chok Tong at the Defence Ministry yesterday. While in Singapore, Mr Baited Salem is expected to brief government leaders on the political and economic lit nation hi Kuwait
    82 words
  • Article
    New joint venture to provide Batam-S'pore services
    205 30  -  By Suzanne Soh BATAMINDO Industrial Management (BIM), which runs the 500-hectare Batam Industrial Park (BIP) now under construction, has teamed up with four partners to provide transport and warehousing services between Batam and Singapore. BIM has a SO per cent stake in the
    205 words
  • Article
    Mendaki arm to work with other enterprises
    198 30 MENDAKI's recentlyformed business arm, Mendaki Holdings, will work with other established enterprises including non-Malay/Muslim businesses, and will also try to avoid directly competing with existing Malay/Muslim businesses. These guidelines are part of a statement of business policy made public yesterday by Mendaki, the
    198 words
  • Article
    UN peace plan for Cambodia welcomed
    348 30 CAMBODIAN guerrillas yesterday welcomed an ambitious UN peace plan but said that they still must resolve quarrels with the Vietnam-ese-installed government over who will govern the nation before new elections are held. The proposals, adopted on Tuesday by the five permanent members of the
    348 words
  • Article, Illustration
    Time perhaps for some corporate blood-letting
    695 30  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a senior BT correspondent ONE OF THE inevitable effects of the Gulf crisis, should it persist, will be a major worldwide weeding out of companies unable to survive in a business climate
    695 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      296 30 PiageT JCAILUER EN HORLOGERIE DEPUISIB74 GEN&VE S3 University of Hull JL XJJ lA 3rd Intake By Distance learning Commencing in January 1991 Admission Criteria Innovations and Strengtha Founded In 1927, The University of Hul is one of the most FIRST to introduce Investment Analysis Portfolio prestigious British universities. It is
      296 words
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      Page 30 Advertisements Column 2
      321 30 PiageT JQAIUIER EN HORLOGERJE DEPUKIB74 GENEVE T fc a. AwmttiofMimkkabki J cmbd^ymnfam gutfittu) yom company k> prosperity tpbtlt personal babmcr *md integrity m (far Keen i nsights j j /M of man and how to develop or the society in which be lives Robert jj Wmgo Pb Konoate Matsushita v
      321 words
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  • Shipping Times
    • Article
      PSA-linked firms giving advice on Indon port devt
      366 31  -  By Linda Chee Dexter Lee THREE companies linked to the Port of Singapore Authority (PSA) are providing consultancy to Indonesian interests on developing the country's port infrastructure. The three are CWT Distribution, an associate company, and wholly-owned subsidiaries MAP Services and SPECS
      366 words
    • Article, Illustration
      Lock icon Continental Airlines to build US$ 190m maintenance facility
      302 31 Reuter CONTINENTAL Airlines Holdings Inc will build a US$l9O million airline maintenance facility in Houston that will employ 4,000 people. The facility, to be opened in 1993, will be financed with airport revenue bonds issued by the city of Houston, Continental chairman
      Reuter  -  302 words
    • Article
      S'pore to feature in Tricon's round-the-world services
      329 31 SINGAPORE will feature in both the European and round-the-world services to be launched by Tricon, the consortium of Senator, DSR and Cho Yang. Tricon's Europe-South-east Asia end-to-end (ETE) service will start on Oct 1, calling at the Mediterannean, Gulf, Singapore and Jakarta, said
      329 words
    • Article
      Lock icon Plan to end European shipbuilding subsidies
      134 31 Reuter DENMARK and The Netherlands will adopt a common strategy in the European Community to seek a rapid end to all shipbuilding subsidies in Europe, the Dutch Ministry of Economic Affairs said. The plan was agreed during the recent visit by Danish Industry Minister
      Reuter  -  134 words
    • Article
      Oil majors to invest in Thai pipeline
      164 31 SEVEN major oil-trading companies operating in Thailand will invest in a three-billion-baht scheme to lay an oil pipeline from Chon Buri's Siracha District to Saraburi via Chachoengsao. Scheduled to be operational in 1993, the 180 km pipeline is intended to relieve the worsening
      164 words
    • Article
      New port of call for Taiwanese line
      242 31  -  By A J Leow WITH two new container ships joining its fleet in the next two months, Taiwanese line Cheng Lie Navigation (CNC) is adding a new port of call in Japan to its Far East sailings. CNC vice-president James Ho told BT
      242 words
    • Article
      KCT's EDI project will begin this year
      369 31  -  *L Othman Abu Bakar KELANG Container Terminal (KCT) is expected to start operating its own electronic data interchange (EDI) programme by October or by the end of the year at the Trial runs with shipping giant Maersk and four agents of major carriers,
      369 words
    • Article
      Thai Eastern Seaboard telecoms project makes progress
      208 31 THAILAND'S multi-billion-baht telecommunication project to serve the Eastern Seaboard area has moved another step closer to reality. About 5,000 phone lines under the integrated services digital network (ISDN) sy&tern will be installed each in Laem Chabang and Mab Ta Phud industrial estates in
      208 words
    • NEWS SUMMARY
      • Article
        Fighting for space
        42 31 SPURRED by a savvy American entrepreneur, the tiny South Pacific kingdom of Tonga has started what amounts to a turf battle in space that could affect the future control of satellite communications between Asia and the United States. Pa«e2
        42 words
      • Article
        Airlines' fate ties in closely with banks
        38 31 THE GULF crisis has quickly foroed large rises in the pnce of jet fuel on to an airline industry already struggling with the impact of large scale structural rhangf Btck Plft
        38 words
      • Article
        ULCCs hardest hit by Gulf crisis
        37 31 HARDEST hit by the Gulf crisis for the present are ultralarge crude carrier (ULCC) owners who have only managed a couple of fixture* out of the Gulf since the crisis be-
        37 words
      • Article
        SCI finding difficulty in raising loans
        28 31 THE Shipping Corporation of India is finding it tough to raise foreign commercial loans due to the hardening credit market Back Pap?
        28 words
      • Article
        maryland sings deal with Evergreen
        26 31 THE MARYLAND Port Administration has signed a three* year lease with Evergreen Marine Corp to use Sagiit Marine Terminal Back Page
        26 words
    • LOG BOOK
      • Article
        PSA container throughput up 21.8 pc
        109 32 CONTAINER throughput at the Port of Singapore Authority grew 21.8 per cent to 2.5 million 20-ft containers (TEUs) in the first six months this year. The strong increase was attributed to more shipping lines calling at Singapore. Total cargo amounted to 46.8 million freight
        109 words
      • Article
        Daewoo enters Mongolian deal
        64 32 SOUTH KOREA'S Daewoo Corp has signed a letter of intent on a US$3O million deal to export telecommunication equipment to Mongolia. A Daewoo spokesman said the letter was signed last Thursday and that the deal [ncluded items such as optical fibres, digital switching systems and broadcast
        64 words
      • Article
        Truck tracking contract
        82 32 SATELLITE company Locstar has awarded a 250-million-franc contract for developing and producing a control system to track trucks on Europe's roads to a consortium led by France's Thomson-CSF. Thomson-CSF, working with several French and other European specialist companies, was picked from three contenders, Locstar said. The system
        82 words
      • Article
        Cathay to withdraw Bahrain crew
        105 32 CATHAY PACIFIC is to pull its cockpit and cabin crew out of Bahrain. The airline has decided to add a stop in Dubai to its daily Hongkong-Bahrain-London service where crews will be changed. A stop in Dubai will also be made for the return flights
        105 words
      • Article
        US Navy charters ship
        63 32 THE US NAVY chartered a Norwegian merchant ship to bring an unspecified cargo to the Red Sea, Norwegian news agency NTB said. The 8,000-tonne Bassro Polar was already on its way to the east coast of the United States to pick up the cargo. It is
        63 words
      • Article
        French ship not denied entry
        101 32 THE French container vessel CGM Paris, which was reported to have been denied entry to the Gulf of Aqaba on Sunday by the US Navy, was in fact instructed by its operators to proceed dirertly to Suez from Jeddah and to omit a scheduled call
        101 words
    • Article, Illustration
      Lock icon Satellite war
      1070 32 Spurred by a savvy American entrepreneur, a tiny South Pacific kingdom has started what amounts to a turf battle in space that could affect the future control of satellite communications between Asia and the United States NYT THE island nation of Tonga has seized on a loophole in
      NYT  -  1,070 words
    • Article
      COCKETT BUNKER MARKET REPORT
      921 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 baaed on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      921 words
    • Article
      THE SHIPPING GUIDE
      13280 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
      13,280 words
    • Article
      SHIPPING AGENTS
      3404 45 Contnineriine NV: Belsin I Shpg Agencies Pte Ud (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpa: Accord Shpg Pte Ud (SyAccord Contr Une (M) Sdn Bhd (PKyAccord Contr Une (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine- Cabource Shpg A Trdg Pte Ud (S) Ahrenkiei Liner Service: Kim Shpg
      3,404 words
    • Article
      COURIER SERVICES
      245 45 Abacas (Witri Td: 545-8011, 448-6415. Ak Expreaa Service Td: 533-5771. Fax; *****44. A > r i -La r..,, marina AM Dm M rrfigm v orporauoii Td 542-8844. Fax: *****16, *****80. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. Clty-Liak lateraatioaal Td: 344-3377. Fax: *****50. Clatter Uak Supplies
      245 words
    • Article
      AIR FORWARDERS
      1403 45 Abex Express Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822 Fax: *****20. AeroUak Freight ißtematioaal Td: 545-8033. Fax: *****05. Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express lateraatioaal Td: 542-7666. Fax: *****74, *****50. Air Market
      1,403 words
    • Article
      PORT CONDITIONS
      2993 46 ARGENTINA ■mm Aires: Due to heavy arrivals during weekend, port congested; 6 vessels in roads awaiting berth of which 2 to load sugar, I to load soybean pellets, 3 general cargo; all general cargo berths occupied; vessels in roads expected to have 1-2 days berthing delay, possibly longer
      2,993 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      564 46 SHIP SALES TANKER RATES Reuter AFP SINGAPORE buyers are reported to have paid US$7.3 million for the 1967-built Pasadena, tanker of 95,310 tonnes dw, for storage purposes. Turkish interests paid around USS6 million en-bloc for the two Duikers Praha, of 32,357 tonnes dw and built 1972, and Bratislava, of 31,881
      Reuter; AFP  -  564 words
    • Article
      AIR FREIGHT SCHEDULE
      506 46 ARRIVALS o» Right Type ETA From TODAY KAL KE697 B747F 0155 SEL NCA KZ203 B747F 1935 NRT FDX FM75 B747F 2130 JFK/IND/ANC/ NRT/TPE KAL KE685 A30F 2340 SEL/MNL TOMORROW JAL JL615 B747F 0340 NRT NWA NW901 B747F 1740 ORD/SEA/ ANC/NRT SIA SQ/BA821 B747F 1750 LHR/DXB RJA RJ028
      506 words
    • Article
      CRUISE & FERRY SCHEDULES
      342 46 CRUISE FERRY SCHEDULES Ait Pep Name of Vessel ETA ETD Port Agert Ports of Calb AUGUST 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to nowhere SEPTEMBER 01 01 Andaman Princess 1300 2300 Andaman Cruise Cruise to nowhere 07 07 Ocean Pearl 0700 1300 Reefer Lines Sin-Penang-Phuket-Madras-Male-Goa-Bombay 09 09
      342 words
    • Article
      DAILY FREIGHTS
      1089 47 DRY CARGO chartering was slow on Tuesday after the long weekend but talk of easier grain rates was unconfirmed. Levels around US$2l a tonne were hinted at for Panamax cargoes for the US GultfJapan voyage. Before the weekend a cargo was thought to have been fixed at US$2l.lO
      1,089 words
    • Article
      AT CONVENTIONAL WHARVES
      524 47 U- A-JL A- wm fwf nd nm nwi Mpvin Vanal Woy No Bar* Arrive Oprtn rr"*T m. AndamM Pen 19/90 (P) K35 *x*sde 29.08/1700 Mi Flontn U0S£ K29 01.09/0700 taw 2 40WB CIO atoncsntB 30.08/1300 Koto Safib E-863 K31 alongside 01.09/1830 Uanhmtan 5 K32 *x*ade 0409/0600 NILE
      524 words
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      CONTAINER SCHEDULE
      1082 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boakhc/BiMC* Mb Voy No Nriad From To Fran P af ObcSji Space Ace Concord 07/900 2 29/1700 30/0659 30/0900 3 30/0700 30/1159 30/1400 4 30/1200 30/1459 30/1700 to to, 28 1_ 29/1500 29/16S9 29/1900 A1 Shaman 73 2 29/1700
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      IN MALAYSIAN PORTS
      340 47 Prt nmg SeuMi Port on Aug 29: Afcnghu berth 1; Barbarossa berth 2; Pefego bo berth 7; Cheung Hmg berth 7A. KCT: lira Master berth 8; Ned Rosario berth 9; Ever Guard berth 10. Ihrti Pwt tan Tamban berth 12; Pacific Indah berth 13; Confidence berth 14;
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    • Article, Illustration
      Lock icon Airlines' fate ties in closely with banks
      420 48 The Gulf Crisis NYT THE GULF crisis has quickly forced large rises in the price of jet fuel on to an airline industry already struggling with the impact of large scale structural changes. Some airlines will be forced to pass on higher fuel
      NYT  -  420 words
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      Lock icon Fewer fixtures for ULCCs
      201 48 Sea trade Week HARDEST hit by the Gulf crisis for the present are ul-tra-large crude carrier (ULCC) owners who have only managed a couple of fixtures out of the Gulf since the crisis began. With only two principal sources of ULCC employment, Kuwait and Saudi Arabia,
      Sea trade Week  -  201 words
    • Article
      SCI finding difficulty in raising loans
      280 48  -  From Shirish Nadkarni in BOMBAY THE Shipping Corporation of India (SCI) is finding it tough to raise foreign commercial loans due to the hardening of the world credit market. SCI is the second Indian company, besides the Oil and Natural Gas Commission (ONGC) which
      280 words
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      Maryland port signs terminal lease deal with Evergreen
      166 48 THE MARYLAND Port Administration has signed a three-year lease with Evergreen Marine Corp of Taiwan to use Seagirt Marine Terminal. The agreement, signed last week in Taipei, provides an option for three more years. The lease signed by Evergreen is for 20
      166 words
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      109 31 Wgrn SWEEHENG METAL CO PTE LTD ■Afl No 11 Tuas Avenue 14. SPORE 2263 llil FAX; 861-2944 Mlk ■■■TEL'IM-SKS SoliAf«l« TUCRS wmesbmMMl Commarctal Claantng Hli I Equipment Industrial Maintenance Equipment' Aho ianH 4 wpdr. Nrferwrin 15 Mr Fntfi ScM* -IS —2 Cmr tewca II Cnm fery ida**i tf o+fn** -V
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      205 32 NOTICE 1 w t STRAITS/NEW ZEALAND SHIPPING CONFERENCE NOTICE TO SHIPPERS In view of the current situation in Iraq and Kuwait, resulting in the increase in bunker costs, Members of the Straits/New Zealand Shipping Conference (SNZSC) hereby advised that a bunker surcharge of 7% will be > applied effective 1
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      7 32 Read Chartpoint, Every Saturday in Business Times
      7 words
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      1594 33 jarmne shipting %lllf# 20C Climilrt (toad #12 OS Souttipwnt. S»mwor» 0201 Mlffr t«i *****11 telex no rs Iff IMiH TERMINAL,CfS Tal *****11 220 rcofini bookings t* *****3* -2» L VCCQf J PESAKA JARO4NC SHIFTING AGENCIES BHO fcjjgPSJ s^jawffsa'KTaßf Pelted 10 o«Jiiy.s«rwi«« EEEB 1 QQQ22 EXTORT RfSpwrw ITS Icha Infk Ink
      1,594 words
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      Page 33 Advertisements Column 2
      932 33 MDEX TOMJEKIgERS I 75 1 M J SC 'f I -IX.M ,rirn .irftarii, I «M su Shpg Corp 9 1/2 ABC Conuineiline 13 5 Mendebaohn 4 4/5 Accord Shpg 8 1-3 Mercury Line 12 2 Albatros Sea-Air 14 5 •MOL It 4/5 APC Line 14 4 MOSK (Fore*) 5 5
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      Page 33 Advertisements Column 3
      2060 33 VMM) Voy ETA 1 ETD "fort -Panang Sin_. Katang DESTINATIONS TM* ml UcUnnmy M HOI Ctoatnf Tim flUli by cv o«o hm m Fmx a CfS- M23HHM M TM* OAK LOS HOU MEM ATI MM CMI W. H IK MOM TM MCKMNEY M 9008 W VI In PI I t/l
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      900 34 I ROTTERDAM/ VOY WO B'POWC P. KELANO SOUTHAMPTON HAMBURG BREMEHHAVEN ANTWERP LE HAVB6 HONQ KONG EXPRESS 98/908 2/8 1M 21/9 24/9 LIVERPOOL BAY 01/906 M 1/10 26* 27/9 24/9 30/9 TOLAQA BAY 11/009 9/9 2W 29/9 1/10 KASUOA 11/909 IV9 9/10 2/10 4/10 1/10 7/10 CITY OF EOMBURQH 91/912 17/9
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      397 34 CORAL 26/9 11/10 15/10 ALSO ACCERTIM CAMO VIA SUVA TO: LAUTDKA, PASO PASO. AHA 4 MJKUAIOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP CORAL 26/9 30/10 1/U l/U AIM accapttaf Carpo to Callao (Nra) via Vdpa Ag«W>i: SINGAPORE: SMMBB VS. JAYA: 00-*****35 BOOIDWG&aMgW° (ASIA-SOUTH PACIFIC JOMT SERVICE) NANCHAMC VI)S Hi
      397 words
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      Page 34 Advertisements Column 3
      740 34 I NV!I mmmmmimi ripT' mA REGULAR INDEPENDENT RH I CONTAMER SERVICE WESTBOUND FOR EUR6K, X i nn VSL/VOT SIN ALC BCL FEL ROT ANT MAI SHE LNA 2$ K$ iz& NORASIA PEARL MM Ql/OS 22/01 24/8 27/09 29*9 02/ M B/ll «/M NUI N. PRINCESS 9827-3 00/ M 29/00 01/10
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      1558 35 cupping nmes, nmrsoay Angnsi 31 im Sgssteamers Maritime Holdings Ltd mP&O I|M Ml j Containers mjw ft* Ho Stan Htaq B-kMK r<M la* *552!? WJE SA,LS MONTI ROSA OMCC -TBHUM 2W4 30« W 1W W W» CA CO HONGKONG EXPRESS 96,506 +T012«« 0l« IMB 22f1) 2MB *AJ*H BROOKE VI2E Bhiara,
      1,558 words
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      Page 35 Advertisements Column 2
      1510 35 TQ; EUROPE TO: FAR EAST Sf> LH ROM HAM B'HVN FIX SPORE MK MO MM Ml HAJUIN HAMBURG OKW »l 17/9 11/9 19/9 21/1 22/9 HANJIN FELIXSTOWE 003E Jfl 6/9 7/9 10/9 13/9 HANJIN ROTTERDAM 01«f 1/9 19/9 20/9 21/9 23/9 24/9 CHOYANC PARK OOK 10/9 13/9 14/9 17/9 28/9
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      Page 35 Advertisements Column 3
      47 35 20-09, Tang Eng Md» 101 Cadl Si. S par* 0106. Tail *****12. *****13, *****34. K 2526 A F *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA HAMIDAH 3/4 SEPT SIBU. KUCHING SENG HING 27 28 AUG PENANG SENG LEONG 1/2 SEPT PORT KELANG SENG HING 2/3 SEPT KUCHING, SIBU
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      Page 35 Advertisements Column 4
      388 35 ■P97SVHBF9HnnHVSfIMrnMVMftr 4# 9H STRAITS/ JAPAN/ STRAITS SQWICI SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION ASIAN TANJUNG ASEAN TRADER STAR EMAS TRADER t VOY. NO. U 114 10 4 S'por* In Pt In Pt 2/9 P. Ktiang 2/9 1/9 12/9 PtflJOf Hoof Kong Yokohama 23/9 22/9 3*9 Nafoyi 21/9 20/9 21/9
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      Page 36 Advertisements Column 1
      648 36 r *———i———^*r>* i s!?!F^?^'^Ey^FFj'' 1 i *1 tray ;i i Sb»»^ i i 'M 1 I JrTiili ifi plBll 9 aval CR NBR **********0-0 EXPKSS SEJH-CBNTAJNEMHIP SERVICE f vajvor store roam/ hburg Bremen Antwerp ADAH HATARAH/27W0 giW 22/10 SHI W Hr FAST TRANSIT TIME ACCCPTWO BREAKBULK/CONTAMERIBCD CARGO »^|rtte>wluc«mniAiw»M|i*<CMgotpCM^ilwr«. y~ Fort
      648 words
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      Page 36 Advertisements Column 2
      1009 36 HANJIN SHIPPING I 4T FULL CONTAINER SERVICE HANJIN HAMBURG M 2« S *ss" "iflT WflT 1 n/T"*" 2/9** FEUXSTOME ME MI'POHANC 102E 3M HANJHI ROTTERDAM BUN 1/9 19/9 m 21/9 23/9 24/9 CHOTANC PARK ME Mil H. CHEJO OME 5/10 Itt» CHOYANG CHANCE 849 D 10/9 21/9 29/9 30/9 210
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      Page 36 Advertisements Column 3
      1012 36 i -J .TpITTHHTBI IPKL SGP HKC US KLG PUS NKT OS* MB TTO LAX CM ML RVC LHV AMI MM FIX MS MR ■eoiamm-w W kR (D v» ?ii iifi m IM IM i« w i«I» IMI UM am an wi MI u/u I He giant m-bm m in vn
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      Page 37 Advertisements Column 1
      1647 37 F— NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 1 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 B»;*****87, Penang-(04) *****0, J.Bahru-(07) *****3, *****4 PTI INTI TRIDENT
      1,647 words
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      Page 37 Advertisements Column 2
      1150 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4) *****8 JOHORE BAHRU: *****1) 3219 a DISCHARGING FROM EAST BOUND LOADING FPU WESTBOUND jpg VOTACE |SW»t [MANILA HUONt OPT Ad Sjfi? HttANC IWIW rHAYPI TILBURY »OTT Awiwdrf
      1,150 words
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      Page 38 Advertisements Column 1
      1350 38 4 W f W, V AS AGENTS KAWASAKI SINGAPORE (PTE) LTO (CR No: **********0 M) \>\ #K TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 \u Ml I ■\J MALAYSIA HARPER WIRA SON BHO TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. H "'t.—TST wiTm ur«tfi wo*
      1,350 words
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      Page 38 Advertisements Column 2
      1044 38 PHILI-ORIENT LINES PTE LTD I (The Complete NVOCC Package) W\ I member of SFFA I 1 SEPT MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. i SEPT :km S3Sr- wmm 20 SEPT SHARJAH, JEOOAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON PENTICTON 31 AUG COLOMBO, KARACHI, BOMBAY, AND ALL INLAND bESTINATIONS 31 AUG madras,
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      Page 39 Advertisements Column 1
      1647 39 P/f PACIFIC INTERNATIONAL LINES (PTE) LTD 1W JBBI PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK I I I I 1 VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN Vo?i qia IV.I VI PEGASUS PROGRESS 632* Ift W KOTA RIA (MSB 31/S SM
      1,647 words
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      Page 39 Advertisements Column 2
      1202 39 r BENLME CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** ■I EXPRESS CONTAINER SERVICE TO UK/CONTINENT Ml VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN ROAM L'HAVRE Monte Rosa' 09/502 30/8 24/9 18/9 20/9 1779 23/9 Hong Kong Express 96/506 1/9 Via To!
      1,202 words
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      Page 39 Advertisements Column 3
      340 39 M MYANMA PI FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Keling P«n MERGUI VIOIW 04/07 SEP MYOMAYWA VI3OW 10/13 SEP HPA-AN VIS4W 07/10 SEP PAGAN VI6IW 14/1 C SEP PATHEIN VIOSW 19/22 SEP THE BANK UNt (A service of Andrew Weir Shipping) Wr SEMI-CONTAINER SERVICE HEAVY
      340 words
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      793 42 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBC RST EUROPEAN SEN NFO37 i/1 1/10 3/10 5/10 7/10 9/10 H. CEGIELSKI 90 12/9 t/10 1/10 7/10 9/10 14/10 TOKYO SEN WFMO 11/9 11/10 12/10 13/10 15/10 17/10 E. THAEIMANN
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      Page 42 Advertisements Column 2
      1102 42 ft EtVk/FA CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 owi cfttouMfim «amg ft FAR EAST PORT KELANG 7/9 14/9 MANILA 1/9 8/9 PENANG 7/9 14/9 BUSAN 2/9 13/9 BANGKOK 2/9 7/9 TOKYO 6/9 13/9 HONG KONG 7/9 10/9 YOKOHAMA 6/9 13/9 KAOHSIUNG 9/9 16/9 KOBE 6/9 13/9 KEELUNG 9/9 16/9
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      Page 42 Advertisements Column 3
      351 42 LOAOIHC row LOADING FOB BUENOS AIRES VESSEL SPOUC CM DM iAIHtS MViMO *10 STS *11 MCUA n sauna ifl v* man ywwM— wu (MS 2 C. ISAHL 10.10 lt/lt 27/10 *11 12/11 2»U mi NOSTWEEN I 12/11 21/11 *IU 17/12 2W12 2% 12 IT.TBA OISCHARCING FM BRAZIL ONLY MKIM MR
      351 words
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      Page 42 Advertisements Column 4
      1363 42 r tea g te] CHINA OCEAN SHIPPING COMPANY I TEL: *****00 "JLL CONTAINER LINER SERVICE CR NO **********0 M CABLE «»TA*LINfc I General Agents: COSTA* SOPPING PTE LID 1 VESSEI/VOT SCP fix Hot HAM AWT WW VtSStL/VOY FIX »OT HAM AWT PKK I LIAO Ktvw am nm nm joao k/u
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      1059 43 NIHON-ASIA g ,S1 PTE ITD gSk FAX: *****15/*****03 CR **********0N p telex: rs ***** riship (3 Line.) TEL: *****22 FAX: *****86 ETHIOPIAN SHIPPING LIMES y J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL ColUp6(ltlV6 KdtCS.. VESSEL IVOV ETA fioAONOFM SPORE ETA NETSAMET 20WB 16/10 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAVKA.
      1,059 words
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      Page 43 Advertisements Column 2
      809 43 te>.P-T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 •fttOAPORK INDONESIA SCRVJCI VSL VOY SIN JKT PAJ SIN WASPADA
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      Page 43 Advertisements Column 3
      614 43 BANGKOK CEBU/MANILA [y I -„T«« I h—■ |w |mi wu 1 NANTA BHUM 04N Thur Std Sun 2/9 SO ORIENT 3SR 310 t/t 10 UNLINK 21N Thur In Pt Sun 20 KITI BHUM 36E 7/9 13/9 150 OEJA BHUM 07N St 10 Tm 40 SO ORIENT 37R 140 200 220
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      Page 43 Advertisements Column 4
      333 43 TO AUSTRALIA/NEW ZEALAND VSL S«pfn Fremenbe Mkmnw s|*"i Auckland OmaAa tnt nntas mi 55 vm 55 5* 155 i. muok 257 155 aH oH mm 55 7/5 Mussa 5 55 u/u 5/5 sfu 5/5 *5 c «BS 5 w/u 155 mi 55 55 5/5 Alm Ktaptint cargo to:AUSTRALIA Adelaide. Briatano
      333 words
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      1328 44 A .iMAC-NELS SINGAPORE EXPORT TEL *****22 IMPORT TEL *****02 11 -PENANG TEL: (04) *****6 KK TEL: (088) *****0 i TAWAU TEL: (089) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL. (082) *****3 SKAN TEL: (089) *****2 Z\'2/\ m J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087)
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      Page 44 Advertisements Column 2
      499 44 jjlEfc blue star line |jl^^^ r SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN PIT AUCK ITT PROSPECT OK 1 Sep 17 S«p Via NPt
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      Page 44 Advertisements Column 3
      1121 44 /%m THONG SOON LINES PTE. LTD. 1 51 Bras Basah Rd m .Qi p| aza By The Par k S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivor ETD ItCT fUMBL WT ETI KCT KIM SOON
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      Page 46 Advertisements Column 1
      69 46 KKU SIN PKL DESTN YANNI3/***** Sid SM FLU/ANT/UK/NTB ACROPOLIS/***** Sid Sid Sid FLU/ANT/UK/NTS SINQA SKY/SOOM 6/9 10/9 FLU/ANT/UK/BFS tfgwi HkMt VQY ETA LLC DESTINATION MAN HO 1 5/90 13/9 VANGON (BURMA) SEAMAR 18-90 10/9 12/9 YANCON (SURMA) TOMOH SATU 4/90 17/9 19/9 YANCON (BURMA) FOONG SUN SHIPPING A TRADING (PTE)
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      Page 46 Advertisements Column 2
      123 46 POMFIRFNTIAI If DON TTELLITTOOTHERS wVylHrlL/CM I IHL!\ we provide itto only you\y (FIXED DATE TRANSIT/WEEKLY SERVICE) N. cfs °l ri J SHIPMENT NO. SIN cut-off LAX CHI HOU ATL NYC K NWT 3 3-Sep 1-Sep 23-Sep 29-Sep 30-Sep 1-Oct 30-Sep A NWT 4 10-Sep 8-Sep 30-Sep 5-oct 7-oct 8-Oct 7-Oct
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      Page 46 Advertisements Column 3
      80 46 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S port P Gudanf Pwi Loading For lISHUI In Pt HUANGPU GUANGSHUI lfl HUANGPU'XIAMEN,SHANGHAI OA Of |fl IS/9 HUANGPU DA DONG MAI In Pt JW HAKAO JIANCHANC —l/l HUANGPU OCINGANG/QINCOAO SCHINDON TRADE ft FREIGHT SERVICES 47 BEACH RD, #06-0* KHENQ CHIU BLDQ. TEL: *****74/*****03/*****17
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      Page 46 Advertisements Column 4
      43 46 «T*l: *****27 Fax: *****30 Tlx: R8 ***** INETCO CR No. *****69QQQQK. VEMEL VOY WO. '9» MAA CAL ILOVIK 103CNB 03/09 09/09 ALCOR 128N 04/09 09/09 TIGER CREEK 104CNB 08/09 14/09 TIGER RIVER 127N 09/09 16/09 ILOVIK 105CNB 15/09 20/09 ALCOR 12BN 16/09 21/09
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      452 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) MM mm ll* mm mm MM mn mm mm mm mm ion lin un un mn im mm im un un mm tm am rm Ji li) 1.0 Ll li 1.4 13 li 1.4 L 4 L 3 li 1.4 1.4 li
      452 words
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      Page 48 Advertisements Column 1
      424 48 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -CA" SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8 INDONESIA
      424 words
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      Page 48 Advertisements Column 2
      699 48 ▲HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI [[FROM PSW VOY LBH OAK SEA HKG 1 SIN HYUNDAI CHALLENGER 3(E 31/ OB (K/Q9 24/09 27/09 30/09 29/09 HYUNOAI COMMANDER 1W 23/07 2M17 20/87 IMB 24/00 HYUNDAI INNOVATOR 35E
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      Page 48 Advertisements Column 3
      629 48 ALL ssf waging LASHIHC CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 VSI ETA IDG FOR TOPAZ V.2/90 14-16/9 BANGKOK CICELIA V.5/90 15-18/9 YANGON TEL: *****83 FAX: *****36 TLX: ***** JNMARI I |f««*r|ri |¥n 75 Ma Mw «m» V* I SIN I LAX lOAK I NOU IML
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