The Business Times, 5 June 1989

Microfilm: NL16652
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 MONDAY, JUNE 5, 1989 75 CENTS
    11 words
  • Article
    Planned US investment in '89 (US$ million)
    116 1 Ml industries Petroleum Manufacturing Wholesale Finance Services Others Hongkong 393 42 53 77 7 XX India 32 XXX 31 XXX 0 XXX Indonesia 1,098 943 49 XX XXX XX Malaysia 583 388 188 3 XXX 1 Philippines 153 33 96 5 XXX 17
    116 words
  • Article
    US investments here likely to slow down
    485 1  -  BUT FIGURE REVISED UPWARDS: SURVEY By CHUANG PECK MING AMERICAN CORPORATIONS are expected to slow down their capital spending in Singapore this year, but not at the rate envisaged earlier. By the end of 1989, subsidiaries of US corporations here are likely to
    485 words
  • Article
    Lock icon Chavalit denies link to NRC
    123 1 AFP THAI ARMY CHIEF and acting Supreme Commander General Chavalit Yongchaiyuth has denied any links to members of the National Revolutionary Council who were arrested on Wednesday on his orders. "Neither I nor the army can permit actions which are incorrect or against our social
    AFP  -  123 words
  • Article
    Lock icon Poles flock to vote in historic free election
    248 1 Reuter POLES flocked to vote yesterday in parliamentary elections giving them a choice for the first time in more than 40 years between the ruling Communist Party and a well-organised opposition. Spot checks by reporters at half-a-dozen Warsaw polling stations suggested that
    Reuter  -  248 words
  • Article, Illustration
    Lock icon Iran calls for vigilance after Khomeini's death
    340 1 AFP AP IRAN'S top four political leaders yesterday appealed to their countrymen to remain vigilant following the death of Ayatollah Ruhollah Khomeini and vowed that the army was prepared to counter any anti-govern-ment plots. Ayatollah Khomeini died in a Teheran hospital on Saturday,
    AFP; AP  -  340 words
  • Article
    Lock icon Tanks patrol streets in Beijing
    729 1 1,400 KILLED, 10,000 WOUNDED: HOSPITAL SOURCES •The China question Agencies TANKS WITH MACHINE GUNS blazing patrolled central Beijing in a show of force last night after troops backed by armour quelled anti-government demonstrations with heavy loss of life. Witnesses said 10 tanks and 16 armoured
    Agencies  -  729 words
  • Article
    Another selling spree expected on Hongkong stock market
    473 1  -  By FOO CHOY PENG Hongkong Correspondent NEWS OF the weekend outbreak of violence in Beijing shocked and saddened the Hongkong people and is expected to send prices on the Hongkong bourse on another downward spiral today. As thousands of Hongkong people staged
    473 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      236 1 Need a car or truck loan? Wwtoong 737-7977 Mfjj VVa> kxMig Mortgage \ik) I utaike (Si I id A whollv imncil Mihsuli.uv i«f Hi>nj:ki>nj:B.ink hOavmorc Hill #03-01 llavmore Pla/a Singapore 1W22 MANAGEMENT =1 0 V. Tv 'f 'it a j CLIVE WOLMAN examines some remarkable cost-saving feats in the Land
      236 words
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      Page 1 Advertisements Column 2
      204 1 Investment shift 4 S-E Asia stands to benefit more US economy 4 First decline in 33 months Japanese regional bankers 7 Setting up base in S pore? Debt reduction strategy 7 Backed by major industrial nations LME tin trading 10 Boost for KLCE volume Australia 12 Eyeing leadership role in
      204 words
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      4 1 See FOCUS, PAGE 11
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      105 1 5 I V MUt K<>\ vr lIH.HI \M» m a <h r* A Welcome 12 years old Awaiting I tislfilxih-rl l>\ fiS Coid Storage I radii* M:bboB2)S International Reactions, BACK PAGE More HK Investors seek properties here, BACK PAGE Our mixed menu is a superb recipe for IMPROVING INTERNATIONAL RELATIONS
      105 words
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  • MANAGEMENT
    • Article, Illustration
      Lock icon Japanese firms defy economic realities
      1507 2  -  CLIVE WOLMAN examines some remarkable cost-saving feats in the Land of the Rising Sun CLIVE WOLMAN FT DEEP INSIDE the factories spread out along a narrow 560km strip of land between Tokyo, Nagoya and Osaka lie the secrets behind one of the most remarkable upsets
      FT  -  1,507 words
    • Article
      It pays to have properly crafted wage plan
      1741 2  -  Spotlight on Management k. By TAN TIONG LIAT Tan Tiong Liat is head of executive recruitment at Ernst Whinney Consultants Pte Ltd. WE ARE OFTEN reminded in books and articles of the various psychological needs that motivate our behaviour: namely those for
      1,741 words
    • Article
      New book offers corporate battle tips from Atilla the Hun
      523 3 Leadership Secrets of Attlla the Hun By Wess Roberts 86 pages Peregrine Publishing Reviewed by CHUANG PECK MING LOOKING AT the new management books that arrived in bookshops recently, one is struck by the number that have been inspired by
      523 words
    • Article
      Lock icon Get your money's worth from consultants
      689 3  -  According to a new book on choosing and using management consultants, most assignments that go wrong do so because the client did not work out beforehand what it wanted. MICHAEL SKAPINKER reports on this and other interesting findings that the book offers. MICHAEL SKAPINKER
      FT  -  689 words
    • Article, Illustration
      Lock icon Workplace bullies exact heavy toll
      724 3 FT THE SWEDES may have a reputation abroad for being polite and courteous, if somewhat reserved, but it seems they are not averse to bullying their workmates. According to Dr Heinz Leymann, an associate professor at the National Institute of Occupational Health, a governmentfunded body,
      FT  -  724 words
    • Article
      Lock icon Are you working for one big happy family?
      455 3  -  By CHARLES BATCHELOR FT IMAGINE WORKING for a small firm. You are doing an interesting job in a relaxed, friendly environment and are on first name terms with your boss. Then think again. You could be working hard in sweat-shop conditions for
      FT  -  455 words
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      156 2 Their love for pomp and spectacle is world famous. The grandeur of their ceremonies unrivalled. The variety of their cuisine, superb. vV nm m mm* Ml m mi v- > m 5 v x jtrlr?'* r*-J rS We serve the world to you at Britannia rules the tables We lay
      156 words
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      30 2 m m IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg.. 4-8-1 Hatcho-bori, Chuo-ku, Tokyo 104, Japan Tel: 03-553-6961 Fax: 03-555-2892 SMtStffllE—
      30 words
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      27 3 What will it cost you to keep all these documents in your office? I" !b CJ) J J* I T i ms^ssr^ w mmm ■HP WJ .y|/*
      27 words
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      Page 3 Advertisements Column 2
      170 3 Frankfurt Airport. Lufthansa's department store of destinations. mm tt" Sm fg CL 217 m m W~IM n H Uli -i. iiiii il SSi an fTIB li M*«- A* 1 it r Sii u ;>i twNi J Oi 9ii tl Ul LIHA Li SIW STPi SF i»T SF f AM -tl
      170 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Mitsuzuka pledges continuity in foreign affairs
      312 4 AP JAPANESE Foreign Minister Hiroshi Mitsuzuka said last Saturday Japan will use its wealth to contribute to world economic growth, but not to become a major military power. "The flow of history implies that economic might equals military might, but Japan will, as it
      AP  -  312 words
    • Article
      Lock icon Kajiyama to pursue free trade system policy
      179 4 Ber-nama-Kyodo JAPAN'S new trade minister Seiroku Kajiyama said he will pursue a trade policy that envisages a wider economic growth in Asia and maintains the world free trade system. Mr Kajiyama made the remarks on Saturday at his first press conference at the
      Bernama-Kyodo  -  179 words
    • Article
      Lock icon S-E Asia stands to benefit more from investment shift
      417 4 Bernama MALAYSIA and other South-east Asian countries are in a better position to attract business from the Californian-based companies in line with the shifting of investment in labour-intensive industries to the region from north-east Asia countries such as Japan, Taiwan and
      Bernama  -  417 words
    • Article
      Lock icon Some tips for Japanese firms overseas
      175 4 AP WHILE THE rest of the world seeks the secrets of Japanese business success, Japanese companies doing business overseas are being told they should act more like foreign firms. In a report to the Ministry of International Trade and Industry recently, an advisory panel
      AP  -  175 words
    • Article
      Lock icon Outlook for Malaysian economy bright: analysts
      289 4 Bernama THE PROSPECTS for the Malaysian economy are quite good for 1989 and 1990. given reasonable external conditions, economic analysts say. Domestic demand will continue to increase at a rate of about 8.6 per cent and the local private sector will increase its participation,
      Bernama  -  289 words
    • Article
      Lock icon Japanese foreign investment up
      232 4 FT JAPANESE direct investment in foreign countries soared by 41 per cent in the year to the end of March to US$47 billion, as Japanese companies poured money overseas to diversify, cut costs, and ease trade friction. According to the Finance Ministry in Tokyo, manufacturing industry,
      FT  -  232 words
    • Article
      Lock icon Bhutto reins in defence spending
      258 4 Reuter PAKISTANI Prime Minister Benazir Bhutto reined in defence spending, increased funding of education and set up a women's bank in her government's first full budget on Saturday. But the budget left unanswered questions on how the government intended to reduce its spending deficit in
      Reuter  -  258 words
    • Article
      Lock icon Thais seek to open Cambodian border point for trade
      222 4 AFP THAI BUSINESSMEN hope to open the Cambodian border for trade soon after the planned September withdrawal of Vietnamese troops from that war-torn nation, a Thai commerce official said on Saturday. Boonsong Somjai, head of the Chamber of Commerce for eastern
      AFP  -  222 words
    • Article
      Lock icon Thai-US trade up 35pc
      109 4 AFP TRADE between the United States and Thailand jumped by 35 per cent during the first two months of 1989 compared with the same period last year, according to a press release issued by the US embassy in Bangkok on Saturday. The release said Thai exports
      AFP  -  109 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      970 4 ARRIVALS Operator Sorvlc* Local From number t)m« SIA SQ407 0700 DEL SIA SQ405 0745 MRU SIA SQ023 0755 AMS/ftOM SIA SQ027 0800 CPH/FRA MAS MH646 0820 KUL MAU MK742 0910 MRU/KUL MAS MH653 0910 PEN MAS MH630 0920 KUL SIA SQ103 0950 KUL CPA CX710 1000 CGK
      970 words
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      295 4 I ft y >r syrwmg 7 '*-*SP wPVHH <cw 1© pal cImIdI illmr-oaagL Swing's SclmmJ willwMirl payrng a iKmg's irairasom 1 IPARENTS living aiul working in Singapore need no reminders that school fees have to he paid promptly three times a year. As with most things these days the cost
      295 words
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      171 4 CjII your Travel Agent or Air Cjnjdi it *****55. .4 BREATH OF FRESH AIR The business person's choice even Tuesday, Thursday, Saturday and Sunday. Leasing Changi Airport at 22:C5 houn and arriving at Lester B. Pearson International Airport the following day. Air Canada A SICHUANESE 1 W m m- >
      171 words
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      292 5 BRITISH AIRWAYS FIRST CLASS HAS JUST BEEN RELAUNCHED. > t A V" f >» r -r* r*/ '-Z-r--.r.'-'tr j" _-rrr f•" f ->• v 22 rx ft .r >y vr>' /v 2 W! iz> fi -!W rrr{ -f-o-^rj? Zf' rV» IN A FEW WEEKS WE'LL CHANGE THE CARPET AGAIN. I
      292 words
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  • REST OF THE WORLD
    • Article
      Lock icon US economy declines for first time in 33 months
      409 6 UPI LED BY a slowing in the rate of price increases and weakened employment, the US economy declined in May for the first time in 33 months, a nation-wide survey of purchasing executives reported yesterday. The purchasing managers index dropped to
      UPI  -  409 words
    • Article
      Lock icon Employment growth lagged in May
      457 6 NYT IN THE MOST conclusive evidence so far that the US economic growth has slackened, the US Labour Department reported on Friday that jobs as determined by the department's survey of business payrolls rose only 101,000 in May about half as much as expected while
      NYT  -  457 words
    • Article
      Lock icon 'US jeopardised Uruguay Round by actions against EC'
      425 6 UPI THE EUROPEAN Community Commissioner for Agriculture said on Friday that the US jeopardised the Uruguay Round trade liberalisation talks by its actions against the EC in the fields of grains and oilseeds. "It is disappointing that the actions of some of
      UPI  -  425 words
    • Article
      Lock icon Strasbourg pulls Italy's political Maradonas
      247 6 AFP ITALY IS SET to become the only member of the 12nation European Community whose representation in the European Parliament, to be elected on June 18. will be truly international Alone in the EC. Italy has passed a Bill allowing foreigners to stand in Italian
      AFP  -  247 words
    • Article
      Lock icon 'American-Canadian free trade deal working well'
      370 6 UPI THE FREE TRADE agreement between the US and Canada, enacted on Jan 1, is working well, says John Hill, the Acting Consul General of Canada in Chicago. Mr Hill was speaking to about 50 Wisconsin business people at the Canada/Wisconsin trade conference in
      UPI  -  370 words
    • Article
      Lock icon Privatisation of Mexican firms to continue
      162 6 AP THE MEXICAN government has sold 773 state-owned companies to private investors since 1983 and plans to continue selling non-strategic industries. The Treasury Department said in a news release last week that the so-called privatisation process "guarantees a maximum benefit for the federal government".
      AP  -  162 words
    • Article
      Lock icon Third World states: EC trade, aid treaty has failed
      294 6 Reuter THIRD WORLD NATIONS have complained that a treaty with the European Community had failed to help them boost trade, develop industry or repay debts. Fijian Prime Minister Ratu Sir Kamisese Mara said on Friday that the current five-year treaty and
      Reuter  -  294 words
  • Page 6 Advertisements
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      158 6 Packing a work of art is a work of art 3Si TO ife H NHi«i I nil The key to successful moving is perfect packing We specialise in packing and moving delicate and valuable items In fact, just the sort of things you've probably been collecting here Two thirds of
      158 words
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      Page 6 Advertisements Column 2
      159 6 Export Services International '89 NEWEST OPPORTUNITY TO MARKET YOUR SERVICES TO EXPORTERS WORLDWIDE! 18-21 Oct World Trade Centre, Singapore i m e A a Organised by Singapore Trade Development Board 3 Here's the best way to sell more of your services to importers and exporters: Export Services International '89 in
      159 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      71 6 Doonesbury mi.ow&s.-mrpsr FINALLY OUT, ANPARE THEY HOT! I'M SPEAKING, 1 OF COURSE, OF THS 2 UNSPEAKABLY VOYEURI ISTIC VARIES OF ANPY hjarhol\ fM m m Re FORGET ABOUT B&N6 FAMOUS FOR FIFTEEN MINUTES, 6AN6! THE LATEST CLAIM TO FAME IS FIFTEEN MOFPS IN THE WARHOL. P/AFJES "a r BY GARRY
      71 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      148 6 mm v//"± iiv//// Singapore OUTLOOK: Showers over HNftl araas In 30/19 Cloudy 23/13 Sunny 24/14 Cloudy 20/10 Cloudy 30/23 Cloudy 21/06 Rain 20/14 Cloudy 16/08 Cloudy 19/11 Cloudy 16/10 Rain 37/21 Clear 23/05 Cloudy 12/04 Cloudy 28/20 Cloudy 26/14 Rain 15/10 Clear 30/23 Smoke 13/08 Cloudy 18/08 Rain 22/12 Cloudy
      148 words
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  • BANKING AND FINANCE
    • SMALL CHANGE
      • Article
        A duel of two cities
        147 7 WHEN NOMURA SINGAPORE organised a trip last week by Japanese regional bankers to study Singapore's attractions as a financial centre, few people knew a quiet tussle was taking place behind the scenes between Nomura's offices in Singapore and Hongkong. The purpose of the bankers' tour
        147 words
      • Article
        A foreign view from the top
        100 7 ONE OF THE most dazzling spots which delegates from the Factors Chain International conference visited last week after five days of hectic meetings was Compass Rose Restaurant. Looking down from the restaurant, perched on top of Westin Stamford the tallest hotel in the world
        100 words
    • Article
      Lock icon French central bank chief calls for stronger currency coordination
      411 7 Reuter THE GROUP OF SEVEN (G-7) top Western industrial nations, suffering from see-saw fluctuations in the dollar, should tighten coordination on exchange rates to bring greater stability to their currencies. French central bank chief Jacques de Larosiere said recently. Expanding on
      Reuter  -  411 words
    • Article
      Lock icon St Louis bank cuts prime lending rate by half point
      396 7 Reuter A ST LOUIS BANK in New York will cut its prime rate by half a point to 11 per cent in what many economists called the start of a reversal in the past year's trend of higher US bank
      Reuter  -  396 words
    • Article
      Japanese regional bankers may set up base in S'pore
      448 7  -  By QUAK HIANG WHAI A TEAM of 15 Japanese regional bankers, which has completed a fact-finding visit to Singapore, sees the possibility of the Republic serving as a base for its future global business. Before they left for home on Saturday,
      448 words
    • Article, Illustration
      Lock icon Major industrial nations back US debt reduction strategy
      620 7 AP FINANCE MINISTERS and central bankers from 11 major industrial nations have backed the US strategy for solving the problem of Third World countries crushing debts. Taking their cue from the debt strategy presented by US Treasury Secretary Nicholas Brady, the officials
      AP  -  620 words
    • Article, Illustration
      Lock icon Hongkong Bank's global ATM link-up will help boost tourism
      375 7 Bernama THE HONGKONG and Shanghai Banking Corporation (Hongkongßank) is working towards a global link-up of its automated teller machines (ATMs) as part of its plan to bring the latest in banking automation to its customers. The bank's advertising and public relations
      Bernama  -  375 words
    • Article
      Lock icon Radical debt plan for Latin America
      151 7 Reuter THE 26-NATION Latin American Economic System (SELA) announced a plan yesterday to cut the region's foreign debt by 50 per cent and replace it with long term, low-interest bonds. The proposal, along with a call for a 5 per cent ceiling on debt
      Reuter  -  151 words
    • Article
      Lock icon Bank Negara directive on excess funds
      177 7 Bernama THE DIRECTIVE from Bank Negara to Malaysian banks to bring back their excess funds de-. posited overseas is a normal one to strengthen the value of the ringgit. Finance Ministry Sec-retary-General Tan Sri Zain, Azraai said on Saturday. He said banks should obey
      Bernama  -  177 words
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      171 7 This happy businessman ft** m b smart. WjK He increases his sales without any cash problems. He is PAID on time. He never has a slow paymaster. He did it by calling Hong Leongl Singapore Finance Free yourself from cash flow problems created by credit sales and improve turnover with
      171 words
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      Page 7 Advertisements Column 2
      201 7 r?-v n. 7^9 /Y s* U It's time for a well-arranged banquet Even if it's your seminar or conference that we are organising, you can leave it to us to handle everything. You just sit back, relax and bask in the success of it all. Whatever the function, just let
      201 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Ringgit likely to trade within 2.67 to 2.72
      447 8 Bernama THE RINGGIT is expected to trade within a range of 2.67 to 2.72 to the US dollar over the next few months with Bank Negara activity on both sides of the band, depending on individual circumstances, Bank Buruh said. It said
      Bernama  -  447 words
    • Article
      Lock icon US dollar suffers worst setback in months
      539 8 UPI THE US DOLLAR suffered its worst setback in months on Friday, falling sharply against all major foreign currencies after the latest US economic data heightened speculation that interest rates could ease. The dollar's significant pullback was triggered by a government report on
      UPI  -  539 words
    • Article
      Forex markets
      1013 8 MOST Asian currencies e weakened last week on the v back of a persistently 1 strong dollar, with the Jap- l< anese yen hitting a 19- f< month low against the greenback despite a dis- c count rate hike by the Bank i of Japan < The Thai
      1,013 words
    • Article
      Lock icon Gold & Financial futures
      487 8 Gold Financial futures Sin Huat Bullion A SHARP FALL in the US I dollar, provoked by specu- lation that the US Federal i Reserve Board and major commercial banks would soon adopt an easier credit stance in response to weaker-than-expected May US employment data, pushed Loco-London Gold prices up from
      Sin Huat Bullion  -  487 words
    • Article
      Comex gold/silver futures
      199 8 Gold futures on Jun 2, 1989 100 troy ounces; USS per troy ounce Opto Higft Low SoMo +1Jun LJ 364 80 369 20 362.50 368 60 4.50 369.20 4.60 JW* Aug 367 90 372 00 165 80 371.90 4.60 Oct 371-50 373.30 370.20 375.90 4.60 Doc 375.50
      199 words
    • Article, Illustration
      Prime lending rates
      507 8 Indicate* tha ivtrag* oI the prim* tending rates oI 12 ma|or bankj In S'pora PLR of banks at the close ot business on Friday. June 2 as supplied by the Association of Banks in Singapore. BANK PLR 1 ABN Rank 6% Allied Irish Rank PLC 6* American
      507 words
    • Article
      Asian dollar market
      244 8 ASIAN CURRENCY average deposit rates foe d be week ended June 2 High UCEt Low US t 9 11/16 7 day* 9 11/16 1 month 9 11/14 9 5/8 2 mumhi 9 5/8 9 9/16 3 —>i 9 5/8 9 7/16 6 momtn 9 1/2 9 3/8
      244 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      188 8 LONG TERM SUPPORT FOR YOUR BUSINESS. The Long-Term Credit Bank of Japan offers growth. Today we're one of the world's top Acquisitions. Leasing and Investment advice to help your business grow We II 20 wholesale banks This is the reward for Advisory Services, as well as a full range give
      188 words
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      Page 8 Advertisements Column 2
      8 8 The weekly government securities report wm not available.
      8 words
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      Page 8 Advertisements Column 3
      185 8 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MONDIAL DIAMOND PROMOTIONS (FAR EAST) PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN. pursuant to Section 308 of the Companies Act, Chapter 50. that the Final General Meeting of
      185 words
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      Page 8 Advertisements Column 4
      296 8 THE COMPANIES ACT, CAP. 50 OCTO PLEXUS BUSINESS MANAGEMENT PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, that the creditors of the abovenamed company, which is being voluntarily wound up, are required on or before sth July 1989 to send j in their names and addresses > with
      296 words
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      Page 8 Advertisements Column 5
      293 8 THE COMPANIES ACT, CAP. 50 ASIAN ENGINEERING MANAGEMENT CENTRE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, that the creditors of the abovenamed company, which is being voluntanly wound up, are required on or before sth July 1989 to send in their names and addresses with particulars of
      293 words
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  • COMMODITIES
    • Article
      Produce Prices
      127 9 Chinese Produce Exchange SotWn' noon dodng prkoi on Juno 3 (SJ/100 kg) Coconut oil Bu* FOB 107.00 Old drum FOB 117.00 Now drum FOB 121.00 Copra 62.50 stil«n MUod (Ioom) Pepper Muntofc whMo FOB NLW 567.50 Sarawak whltt FOB foq NLW 557.50 Sarawak special Wack FOB NLW 432.50
      127 words
    • Article
      Soybean
      252 9 CHICAGO BOARD of Trade soybean futures ended with losses of 1.0 to 2-3/4 cents last Friday, with chart support below spot July at US$7.O3 per bushel holding through some late long liquidation. traders said. Old crop July closed at US$7.O6-1/2, off 1-1/2 cents Higher foreign currencies and a weaker
      252 words
    • Article
      Wheat
      178 9 CHICAGO BOARD of Trade wheat futures last Friday clung to gains through the close after a quiet session and on ideas the market was recently oversold, traders said. Commission house buying lifted spot July on breaks with technical support noted just below the session low of US$3.BB-1/2 per bushel.
      178 words
    • Article
      London markets
      242 9 London Commodity Exchange Buyer/Seller dosing prices on Jun 2 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Bosh ln-sfor« London, sellers option OF London Jul 1195/1200 (1198/1200) High/Low 1215/1195 S*p 1195/1200 (1163/1164) High/Low 1215/1195 Sol«i (2647) Cocoa M 773/774 (787/788) High/Low 792/772 Sep 801/802 (772/777) HJgh/Low 808/785
      242 words
    • Article
      Palm Oil
      238 9 THE Malaysian crude palm oil (CPO) market finished easier last week with June's average price shedding Msls to M 5923.50 per tonne from the previous Friday. Dealers said operators declined to take up new positions in view of uncertainty in the overseas markets. They noted some profit-taking activities
      238 words
    • Article
      Lock icon Crude Oil and Products
      148 9 Telerate FUEL OIL PRICES in Singapore crept higher through most ot the week. Volume of trade remained thin with players preferring to move very cautiously ahead of the forthcoming Opec meeting in Vienna. Some support was lent by scattered regional buying and by the fact that
      Telerate  -  148 words
    • Article
      KL Tin
      164 9 THE TIN PRICE rose 1.35 sen to close the week at M 527.58 a kg on the Kuala Lumpur Tin Market due to brisk buying interest. It closed at M 526.23 a kg last The market opened easier for two consecutive days but climbed substantially as operators returned
      164 words
    • Article
      Lock icon Porim may start making Vitamin E from palm oil
      298 9 Bernama THE PALM OIL Research Institute of Malaysia (Porim) may be able to produce Vitamin E extract from crude palm oil on a commercial basis very soon, its director-general Professor Datuk Dr Augustine Ong said In Kuala Lumpur on Saturday. "We
      Bernama  -  298 words
    • Article
      Rubber
      113 9 THE Malaysian rubber physical market finished slightly higher last week with July International RSS Ones gaining a sen to 263.00 sen per kg from the previous week. The market opened easier as most of traders were reluctant to offer at the present level and buyers were bidding at lower
      113 words
    • Article
      Lock icon Resumption of LME tin trading will boost KLCE volume
      337 10 Bernama THE RESUMPTION of tin trading on the London Metal Exchange will contribute towards further expansion of volume on the Kuala Lumpur Commodity Exchange, says its chief executive Syed Abdul Jabar Shahabudin. He added: "We observed that on the first day
      Bernama  -  337 words
    • Article
      Lock icon KL tin exports rose by 15pc in first quarter
      367 10 Bernama MALAYSIA'S export of tin metal rose by 15 per cent to 12,449 tonnes during the first three months of the year, an increase of 1,364 tonnes when compared with the 1988 corresponding period, the Statistics Department said on Saturday. Export
      Bernama  -  367 words
    • Article
      Lock icon Opec talks on quotas at 'a very delicate stage'
      413 10 Reuter OPEC MINISTERS voiced optimism on Saturday of clinching a deal on oil output quotas to defend this year's big gain in prices but an authoritative source said the talks were at a delicate stage. One senior minister said the Organisation
      Reuter  -  413 words
    • Article
      Lock icon Markets quiet in shortened week
      1262 10 AFP COMMODITY MARKETS were mostly i quiet over the past week, which was shortened in London and the US by a holiday last Monday. Coffee remained nervous in the last week of trading before the meeting of the 74-member International Coffee Organisation. Analysts were pessimistic
      AFP  -  1,262 words
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      Page 9 Advertisements Column 1
      228 9 umuu umui HOLDings bgrh3d (INCORPORATED IN MALAYSIA) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of the Company will be held at the UMW Auditorium, UMW Holdings Berhad, Jalan Utas (15/7), Batu Tiga Industrial Estate, ***** Shah Alam, Selangor Darul Ehsan on Thursday
      228 words
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      Page 9 Advertisements Column 2
      138 9 *'v> V, "v, 5* ■t *r %-M. v .Vf v x «s&i v T-. ;V* JZi-jau* v. A'- -T J*> Just how valid is Hongkong's future? The Hongkong Survey in this week s issue of The Economist is not optimistic. It is rational and realistic. Passports, emigration and a labour
      138 words
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      145 10 FOR SALE BY TENDER CECIL COURT (No. 138 CECIL STREET, SINGAPORE) A rare opportunity to own a prime modern office building in the Central Business District of Singapore The building, within walking distance of Rattles Place and Shenton Way. has been sub-divided into IX strata lot units and is to
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      Page 10 Advertisements Column 2
      201 10 IF YOU SPECIALISE IN FINANCE, SHOULDN'T YOUR INFORMATION SOURCE DO THE SAME? H ;.»!> »tu: ti-* -a' k > m <*■' «r a a j*» TFM rt»r. «.i. .j? *7 I n today's financial world, a profit can jj turn into a loss in a matter of seconds. I Which
      201 words
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  • FOCUS
    • Article, Illustration
      Lock icon The world's most controversial clergyman
      1754 11 OBITUARY The 'frail' man who toppled a king 10 years ago, Ayatollah Ruhollah Khomeini, died on Saturday night after a long illness. These articles trace the achievements and failures of the Iranian leader the world loved to hate. Agencies HE WAS a reclusive, frail, dourfaced
      Agencies  -  1,754 words
    • Article
      Lock icon Khomeini's Iran v rest of the world
      724 11 Reuter AYATOLLAH Ruhollah Khomeini, who died on Satur- day night, tried to build a society based on his vision of Islamic values in Iran to challenge the communist and capitalist worlds. The revolution which brought him to power in 1979 revived many Islamic
      Reuter  -  724 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      399 11 FROM THE BEDROOM TO THE BOARDROOM 4 HE 1 m i For a suite experience with our SUITE AFFAIR For only Msl4B! It's an experience you can'r resist! Simply because the SUITE AFFAIR is made to pamper executives and business guests like you with extra privileges. You'll appreciate rhe small
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      Page 11 Advertisements Column 2
      41 11 BRUNO MAGLI w Boutiques: entrrpomt «>' 717 45( fo,u,Tl dWenJ 0 Tel 7,2 Bqh Open Da.lv trom 00 am to 8 00 poi < niwn \V-tro Orchard Metro Grand Ilkkv Pta/a KUALA lUMPUR: lowbrit Sdn Bhd The Weld BtUNEI: Lai Lai Dept Slore
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  • PERSPECTIVE
    • Article, Illustration
      Australia eyes leadership role in the Pacific
      1461 12  -  An inverted world map with Australia at the top found commonly in Australian book shops might be but a caricatured expression of a latent desire among some of its 16 million people to break out from a global outback "down under" and be
      1,461 words
    • Article, Illustration
      Import demand continues strongly as GDP grows 5.4 pc
      809 12 AUSTRALIA'S economy appears to be growing strongly, with import demand outstripping exports in spite of the government's efforts to rein it in with high interest rates. The national account data released by the Bureau of Statistics on May 25 showed that
      809 words
    • Article
      Manila-Aussie trade on the rise
      259 12  - ManilaAussie trade on the rise By AL O LABITA, Jr Writing for BT from Manila THE PHILIPPINES is fast shaping up as Australia's major trading partner in the Asia-Pacific region, senior Australian trade commissioner Geoffrey Gray said recently. In a statement released by the Australian Embassy in Manila. Mr Gray
      259 words
  • Page 12 Advertisements
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      1119 12 SECURITY PACIFIC CORPORATION AND SUBSIDIARIES (PRINCIPAL SUBSIDIARY: SECURITY PACIFIC NATIONAL BANK, 21 Collyer Quay #09-00, Singapore 0104) Consolidated Balance Sheet dollars in millions Assets Cash and due from banks Due from bank interest bearing Investment securities Trading account assets Federal funds sold and securities under resale agreements Loans Lease financing
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      Page 12 Advertisements Column 2
      110 12 Banque AskrB9 Sth Asian trad* uMMtlon ort banking technology; equipment and services June 6 9,1989 Raffles City Convention Centre 4th Level Singapore The latest technology for banks and financial institutions is on display at BANQUE ASIA *89. The fifth event since 1980, the exhibition focuses on a broad range of
      110 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      53 12 I CRN'T UNDO?ST/=\NID HOU BR'SToto of cnesTeß -p holds his job DOU3N... He's ABSOLOTexyj DOK'T RenwD fne- i O-APie: DOCK SPeAKiNG Him NOW p>ND »rn L-S-iL-— z— —T< DI?eADiHG IT...HE'S INCAPABLC) J7 OF OR RCTING R% 7/ HimSGXF BNO HP*STo BG. <tn A helped ftT evetfv STEP..J 9i •-'*r -K
      53 words
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  • THE ARTS
    • Article, Illustration
      Lock icon Hits and misses in Boston
      853 13  -  FESTIVALS Boston's biannual Early Music Festival nearly did not take place this year after the debts of the 1987 event. Nor was this year's instalment without its scars. Mingling with the stars were groups which were simply not good enough. But one bright spot was
      NYT  -  853 words
    • Article
      A storm overcomes Brahms
      378 13  -  MUSIC By P Y VAN IN VIENNA, 1890, a curmudgeonly Brahms refused to see a young Finnish composer, despite a letter of introduction. Almost a hundred years later, a meeting is arranged at the Victoria Concert Hall under the baton of Maestro Choo Hoey. Bulgarian pianist
      378 words
    • Article, Illustration
      Bach's Brandenburg Concertos are a big draw
      585 13  -  By KOH TSE YING FAMILIARITY breeds audiences or at least that was the impression one got last Wednesday as the Victoria Concert Hall opened its doors to receive a most encouraging stream of music lovers. People know Bach, said one observer, and many
      585 words
    • Article, Illustration
      Lock icon End of a chapter for the Paris Opera
      787 14 OPERA Reuter THE FINAL ARIA was sung at the Paris Opera last week, ending more than a century of operatic performances on its historic stage. The finale at the opera house, the Palais Gamier, was a performance of Le Maitre et Marguerite
      Reuter  -  787 words
    • Article, Illustration
      Lock icon Looking for bestsellers at biggest US book fair
      672 15 BOOKS NYT THE INTERNATIONALISATION of book publishing is more apparent than ever at the annual four-day convention of the American Booksellers' Association, which opened in Washington on Saturday. To be sure, most in attendance will be American, but the dash of the
      NYT  -  672 words
  • Page 13 Advertisements
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      544 13 Throughout the month of June, Latour will invite some rather different kinds of Oyster from France, England and North America, as well as You might like to begin your meal with a cold appetizer of smoked special guests to dinner. blue soft shell erabs from the waters of Chesapeake Bay,
      544 words
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  • Page 14 Advertisements
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      793 14 < COUPVOISIER VS.O.P-WfiEKE ¥0 lENTKCTAIN DEUCIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our eyer popular salad bar. $10.50* EARLY BIRD SPECIAL
      793 words
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      Page 14 Advertisements Column 2
      254 14 SHE I I i s r.«rc .> •<: >' Siflp? I t I i :Hi I «ms 3 >.•' )s?s** I <"»' WMMmvm We have over 30 reasons for you to do so. Our selection includes Diced Chicken In Dried Chilli, Pan-fried Scallop with Chilli Sauce and Shark's Tin Soup
      254 words
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  • Page 15 Advertisements
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      145 15 3 fi Happy Hours En The Park. early e\'enuig Happy Hours at The Fountain Lounge are simply delightful For every drink you order you get the next one free. Plus, you get 25% off bottle purchases. And to make sure you 're totally happy, there s great music to listen
      145 words
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      Page 15 Advertisements Column 2
      29 15 Prestige De La France Courvoisier is the only cognac house ever, to receive France's Highest Award for Quality. MHK yk I J s mo Xtsrr fisr COGNAC COURyOISIER A
      29 words
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      Page 15 Advertisements Column 3
      121 15 <§0 to There is a little bit of Indonesia right here in Singapore Salero Indonesia Bogindo, Singapore's only outhentk Indonesian Nasi Podang resfor lunch and tourant. Even our chefs come from the Indonesian town of Podang be back before (If you haven't already guessed, that's where Nasi Podang origi the
      121 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      791 15 CRYPTIC PUZZLE ACROSS 1 In legend, he did a devilish deal (5) 6 Room with a view? (5) 9 Pink animal (7) 10 Top colour (5) 11 Effect an about-turn, just in case (5) 12 Wild protest about the weather? (5) 13 Mike sat around in error (7) 15 Paternal
      791 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1254 15 TV and RADIO W A brief legend 1 1 -f One of Hollywood's Immortals Jam— D—n OUR CHOICE FOREVER JAMES DEAN, 10.20pm, SBC 12 An immortal despite having died so young, James Dean ranks among the Hollywood greats, such as Bogart, Gable and Cooper. A tragic car accident at age
      1,254 words
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  • SPORTS
    • Article, Illustration
      Lock icon Faldo holds slim lead in Masters
      309 16 GOLF AP NICK FALDO shot his second consecutive round of seven-under-par 65 last Saturday to take a one-shot lead over Ronan Rafferty after three rounds of the US$5lO,OOO British Masters PGA European tournament in Woburn, England. Peter Mitchell of England shot a record 64
      AP  -  309 words
    • Article
      Lock icon Unfancied player ahead by two shots at Kemper Open
      304 16 AP TOM BYRUM, seeking his first victory in four years on the pro tour, shot a six-under-par 65 last Saturday to take a two-shot lead over Tommy Armour 111 after three rounds of the Kemper Open in Maryland. Byrum, who had
      AP  -  304 words
    • Article
      Lock icon Senna clinches record 34th pole position
      340 16 FORMULA ONE UPI WORLD CHAMPION Ayrton Senna of Brazil held on to the top spot last Saturday in qualifying for yesterday's Iceberg USA Grand Prix, setting a career record by winning his 34th pole position. Although he was unable to Improve on his performance
      UPI  -  340 words
    • Article, Illustration
      Sales executive sets new record
      452 16  -  VERTICAL MARATHON bt CHARLES SAVAGE BALVINDER SINGH burst out of the staircase onto the top of the Westin Stamford to set a new world record of six minutes and 55 seconds in the vertical marathon up the world's tallest hotel. The 24-year-old Lumberjacks Jeans sales
      452 words
    • Article, Illustration
      Malaysian retains title
      463 16  -  THE SUNDAY TIMES/SHIN MIN BIG WALK By CHARLES SAVAGE MALAYSIAN air force corporal < Jagjit Singh pulled off another I masterful race of stamina and willpower to win The Sunday Times/Shin Min Big Walk for the second time yesterday in a time of one hour, 38 minutes
      463 words
    • Article, Illustration
      Lock icon Graf gets a step closer to rewriting record books
      417 16 TENNIS AFP STEFFI GRAF moved just three matches away from rewriting the record books at the French Open in Paris yesterday when she hammered out a ruthless 6-2, 6-1 victory over plucky but outclassed 21-year-old Italian qualifier Silvia La Fratta. The
      AFP  -  417 words
    • Article
      Lock icon Local rider wins Italian tour stage
      276 16 CYCLING AP ITALY'S Flavio Giupponi outsprinted Laurent Fignon of France last Saturday to triumph in the 14th stage of the Italian cycling tour. But Fignon claimed the pink jersey as the overall leader. The Frenchman finished five seconds behind Giupponi, who held him off
      AP  -  276 words
    • Article
      Lock icon Thai retains WBC flyweight title
      290 16 BOXING UPI THAILAND'S Sot Chitalada last Saturday recaptured the World Boxing Council flyweight title with a split decision over Korean champion Kim Yong Kang in an absorbing tactical fight. Sot won the early rounds with his aggression against the speedy Korean and then counterpunched effectively
      UPI  -  290 words
    • Article
      Lock icon Skier banned after failing dope test
      97 16 SKIING Reuter FRENCH SKIER Christelle Guignard has been banned from international competition until next February after a positive dope test at the Alpine ski world championships. The general secretary of the International Ski Federation (FIS), Gianfranco Kasper, said in Venice yesterday that a similar
      Reuter  -  97 words
    • Article
      Lock icon Cram wins British title in 5,000 m
      220 16 ATHLETICS AFP STEVE CRAM took the first step towards becoming a world beater over 5,000 m last Saturday when he won the UK title in his first serious race over that distance. In front of his adoring hometown fans in Jarrow, the English
      AFP  -  220 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      S'pore is still main area of operations: Parkway
      485 17  -  By ANDREA BORCH PROPERTY GROUP Parkway Holdings Ltd is not planning to increase its international exposure to above 20 per cent of its shareholders' funds unless the returns justify doing so. In Parkway's 1988 annual report, chairman Cecil Vivian Richard Wong said
      485 words
    • Article
      Boustead signs M$50m FRPN facility
      199 17 BOUSTEAD HOLDINGS Bhd has signed a Msso million syndicated fixed rate promissory notes (FRPN) facility, lead-managed by Permata Merchant Bank Bhd (PMB). PMB chief executive Datuk Abdul Samad Yahya said this is the second syndication of FRPN in Malaysia under Bank Negara's new guidelines on
      199 words
    • Article
      COMPANY BRIEFS
      613 17 KEPPEL CORPORATION LTD has informed the SES that the effective shareholding of Temasek Holdings Pte Ltd has been reduced to below 50 per cent as of May 29. This was due to an increase in the issued and paid-up capital of Keppel to $305.79 million following a recent
      613 words
    • Article
      Lock icon Mulpha may shed some assets and make cash call
      401 17 MBT MULPHA International Trading Corp, the trading arm of Multi-Purpose Holdings, may sell certain assets and make a cash call (in the longer-term) to reduce bank borrowings. "Clearly, we can't go on working for the banks and Mulpha's borrowings are substantial,"
      MBT  -  401 words
    • Article
      Amcol to invest M$94 million in Anak Bukit resort
      559 17  -  By WILLIAM CHIA AMCOL HOLDINGS Ltd intends to spend Ms 94 million to develop its Anak Bukit resort-cum-resi-dential project in Johor. The sum will be used to develop the resort hotel, an 18-hole golf course, a country club, retirement homes, a
      559 words
    • Article
      Lock icon MISC's foreign ownership reaches 30pc limit
      266 17 Reuter FOREIGN OWNERSHIP of Malaysian International Shipping Corp has reached the 30 per cent limit, the company says in a statement. Under Malaysian law. no more than 30 per cent of a listed company may be foreign owned. The company is 14.67 per cent
      Reuter  -  266 words
    • SES
      • Article, Illustration
        Local prices bounce back despite China crisis
        1725 18  -  Singapore P By HERMAN PHUA THE RESILIENCE of the Singapore stock market will be tested again this week following the escalation of tension in the China unrest. Last week, investors shrugged off worries of the continuing political crisis to make a strong comeback,
        1,725 words
    • Article
      SES SHARE INFORMATION
      5993 18 1989 Tel High Low Cod* Company Last Vol Week Sale -Kir- ('000) High Low J UN 02 Last Quote Dlv Dlv Buyer Seller C'vr rid Net M Cap P/E Smll SECTION ONE INDUSTRIAL ft COMMERCIAL 184 111 X e 1000 Ac ma 94 65 1001 Alcorn 300
      5,993 words
    • MARKET REVIEWS
      • Article, Illustration
        Lock icon Market loses further ground as sentiment weakens
        561 19 m t: ;]1 Hongkong DBS Securities LAST WEEK, the political turmoil in China once again affected trading on the Hongkong market, which saw further erosion in values A temporary stabilisation in China s situation lifted the market on Monday. The Hang Seng Index
        DBS Securities  -  561 words
      • Article
        Lock icon Uncertainty over A$ keeps investors away
        289 19 SVdneV AFP THE Australian share market had a lacklustre week as foreign and local investors kept their distance amid continued uncertainty over the fortunes of the Australian dollar. There was Japanese interest in leading stocks early in the week, with most trading largely confined
        AFP  -  289 words
      • Article
        Lock icon Prices hit record high on renewed confidence
        632 19 MM K.Lumpur j MBT THE Kuala Lumpur stock market reversed its downward momentum last week as investors showed renewed confidence by pushing prices past new territory in moderate trading. A dealer said the rebound was mainly a technical reaction as the market barometer
        MBT  -  632 words
      • Article
        CORPORATE ROUNDUP
        644 19  -  Week ended June 2 Compiled by JULIANA TAY SCRIP ISSUES Chem Ind: Bonus issue of one-for-ten. Chuon Hop: Rights issue of $1 nominal amount of the Unsecured Floating Rate Notes due 1994 at 105% of the nominal amount with one TSR for every two ordinary shares held MBf
        644 words
      • Article
        Lock icon Have the cycles stopped turning?
        693 20 jljNew York FT THERE WAS nothing surprising about the 27-point rise on Wall Street on Friday in reaction to the unexpectedly weak employment figures announced on the same day. The figures, which showed an increase of only 101,000 in US employment payrolls, contrasted with forecasts
        FT  -  693 words
      • Article
        Lock icon Prices recover towards the later part of the week from earlier fall
        205 20 mi fjjf Bombay AFP A STEEP FALL in the first half of the week and an equally smart recovery in the second characterised the unpredictable movement of share prices on the Indian stock market last week. On Monday,
        AFP  -  205 words
      • Article
        Lock icon Tokyo stocks fall back ahead of US job data
        546 20 II Tokyo AFP THE KEY Tokyo market barometer, the Nikkei Stock Average, hit a record high on Wednesday but closed out the week at 33,667.42 yen on Friday, losing 524.20 yen from the previous Friday due mainly to the weakening yen.
        AFP  -  546 words
      • Article
        Lock icon Toyota has highest pre-tax profit in Japan
        229 20 AFP TOYOTA Motor Corp returned to the top spot in pre-tax profits among listed Japanese corporations, according a private economic thinktank. Helped by brisk domestic sales and a steady increase in exports, Toyota rose from third spot with a pre-tax profit of 521.7
        AFP  -  229 words
      • Article
        Lock icon Korea Fund to sell USssom worth of new shares
        137 20 AFP THE Korea Fund Inc. the first closed-end investment fund allowing foreigners to invest in South Korea, is to expand its capital by 50 per cent to US$l5O million, the Finance Ministry said. The fund, which is listed on the New
        AFP  -  137 words
      • Article
        BONDS, LOANS & WARRANTS
        712 20 BONDS, LOANS WARRANTS Company tjcptrfl maturity data Coupon <%> Conversion porlod k 9 (•yabie f i 1 li CK Toog Wrt» *****990 Chuon Hup Wrti 1991 Qty Dev Rondj 1994 5% Anytime to Moy 31, 1990 Anytime on or after March 1987 until Dec 31, 1991. Feb 1 Aug 1
        712 words
      • Article
        Clutching at straws in the wind
        868 20  -  H ■nrol London fernl By RAY HEATH THE MOST FAMOUS U-turn in i British economic policy was a < literal one. The Labour Party < was in power therefore this is 1 history, not current affairs the pound was under pres- < sgre (again),
        868 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks end sharply higher
        774 21 New York Reuter FURTHER CONFIRMATION of a slowing economy and renewed hopes on Friday that rates will ease sent US blue chips surging to their highest level since early October 1987. The optimism was stirred by a surprisingly weak May jobs report which sparked speculation of
        Reuter  -  774 words
      • Article, Illustration
        Lock icon Wall Street gain boosts shares
        958 21 London Reuter LONDON share prices stood well above the day's lows in late trading on Friday, boosted by a 20-point gain on Wall Street after a weaker than expected 101,000-gain in May US non-farm payrolls, dealers said. Although the previous month s US non-farm payroll
        Reuter  -  958 words
      • Article, Illustration
        Lock icon lacocca made 'knight of labour' in Italy
        164 21 AFP ITALIAN PRESIDENT Francesco Cossiga on Friday decorated Lee lacocca, head of the US Chrysler Corporation, with a traditional distinction making him a "knight of the order of labour". Mr lacocca. the only non-Italian national among 25 people who received the distinction, was
        AFP  -  164 words
      • Article
        Lock icon Net sellers of Japanese stocks
        141 21 AFP FOREIGN INVESTORS in April became net sellers of Japanese stocks for the first time in seven months, selling a net US$l.95 billion worth of Japanese shares, the Finance Ministry said on Friday. The ministry said in a preliminary report that the figure compares with
        AFP  -  141 words
      • Article
        Lock icon Eastern's unions granted new extension to draft bid
        523 21 NYT THE THREE major unions at Eastern Airlines said on Friday that they were willing to commit an additional US$l75 million to US$2OO million in money and wage concessions to help offset any losses under a buyout plan led by Joseph Ritchie,
        NYT  -  523 words
      • Article
        Untitled
        1113 21 Amsterdam JUNE oa FLS -tfABN 423 09 Aeflon 984 0 8 Ahold 120 0 ■•-2 Akzo 1493 12 Alrenta 162 5 unch AMEV 50 1 04 AMRO 80 2 19 Am Stad 152 3 1 Barkal BCH.S 140 5 0 8 Bor»umy 142 3 18 Buafirman Tattaroda 66 6 0
        1,113 words
      • Article
        Lock icon Investors' group buys 7.1 pc of Aristech Chemical
        376 21 NYT A GROUP OF investors led by Jon Huntsman, the owner of the largest private chemical company in the US, said on Friday that it had acquired 7.1 per cent of the shares of the Aristech Chemical Corp and had approached the
        NYT  -  376 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      283 17 An Expanding International Shipplng/Shlpbroking Company urgently requires:1. Ship Brokers (dry cargo) 2. Ship Brokers (tanker) e Previous experience required e Male or female Able to work Independently 3. Shipping Operations Executive To handle: e Crewing e Port operations e Cargo operations e Own transport essential We are an expanding Shipping
      283 words
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      Page 17 Advertisements Column 2
      109 17 CURRENCY INVESTMENT AMERICAN I XPKI SS IVWK TEL: 321 3333 it ~t ~?k y 'T Rothschild Bank AG ZURICH SWITZERLAND We are pleased to announce the opening of our Singapore Representative Office as of June 5, 1989 We will continue our tradition of discreet asset management services from Zurich, for
      109 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1399 20 nan SOON TECK FINANCE (Incorporated in the BALANCE SHEET AS AT 31ST DECEMBER 1988 SHARE CAPITAL AND RESERVES Share capital 6 Reserves: Statutory reserve 7 Retained earnings Represented by: FIXED ASSETS 8 NON CURRENT ASSETS Loans due after 12 months 9 CURRENT ASSETS Investments 10 Loans due within 12 months
      1,399 words
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      Page 20 Advertisements Column 2
      7 20 The European market raviaw was not available
      7 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      835 21 PILECON PILECON ENGINEERING BERHAD (Incorporated in Malaysia) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Twelfth Annual General Meeting of the shareholders of the Company will be held at the Selangor 1 Room, Basement 2, Shangri-La Hotel, 11 Jalan Sultan Ismail, ***** Kuala Lumpur on Tuesday, 27th
      835 words
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  • LATE FILE
    • Article
      Lock icon Investments in Johor
      51 22 Bernama JOHOR attracted more than Ms2oo million in foreign investments for the first five months of this year, Johor State Economic Development Corporation executive director Datuk Mohamed Ali Hashim said yesterday. He said that 33 factories had been approved; 15 of them would be located in Pasir
      Bernama  -  51 words
    • Article
      Lock icon Jakarta to review air pact with KL
      49 22 Bernama INDONESIA has agreed to review its air agreement with Malaysia following repeated requests from Malaysia Airlines to upgrade flight capacity and frequencies between the capitals of the two countries, Malaysian Foreign Minister Datuk Abu Hassan Omar said in Jakarta yesterday. Bernama
      Bernama  -  49 words
    • Article
      Lock icon Vietnam-Indon direct air links
      53 22 UPI VIETNAM and Indonesia have opened their first direct air links with flights between Jakarta and Ho Chi Minh City. "An airliner of Indonesia's Garuda Airway landed at Tan Son Nhat airport yesterday afternoon, opening the Jakarta-Ho Chi Minh City air link," the official Vietnam News
      UPI  -  53 words
    • Article
      Lock icon Bomb attack on Thai crowd
      48 22 AFP A BOMB was thrown into a crowd of people watching television in southern Thailand, police said yesterday. They said that the incident had occurred on Saturday night in a district of Pattani province, I,oBokm south of Bangkok. No casualties were reported. AFP
      AFP  -  48 words
    • Article
      Lock icon Shahrir to get Umno letter soon
      44 22 Bernama NEW UMNO will send an official letter within a week to former Malaysian Welfare Minister Datuk Shahrir Abdul Samad stating the conditions under which he can join the party, New Umno secretarygeneral Datuk Mohamad Rahmat said. Bernama
      Bernama  -  44 words
  • Article
    More HK investors seek local properties
    384 22  -  RISE IN SALES OVER LAST TWO MONTHS By LILIAN ANG AS PRO-DEMOCRACY demonstrations in Beijing turn violent and tension in Hongkong mounts, property firms in Singapore are getting more enquiries from the colony's investors about the local market. Property consultants, contacted by BT, note
    384 words
  • Article, Illustration
    Lock icon Taiwan's armed forces on increased alert
    304 22 Agencies TAIWAN has put its armed forces on increased alert for fear that China may take military action to divert attention from internal chaos. "We are afraid that (Beijing), in a desperate attempt to suppress the democratic movement, may want to divert their people's
    Agencies  -  304 words
  • Article
    Lock icon Gas blast destroys trains in Russia
    167 22 AFP A LARGE NUMBER of people were killed or injured after a powerful gas pipeline explosion virtually destroyed two passenger trains early yesterday in the Ural mountains, Tass news agency reported. Victims included children on their way to holiday camps in the Black Sea
    AFP  -  167 words
  • Article
    Sheraton Asia Pacific leaves Nepal
    118 22 THE HONGKONG-BASED manager of 24 hotels throughout Asia and the Pacific region, Sheraton Asia Pacific Corporation, has terminated its management and licensing agreement with Everest Hotel in Kathmandu, Nepal. All Sheraton's expatriate management staff left Nepal on June 1 and a claim of US$4OO,OOO has
    118 words
  • Article
    Lock icon Kim threatens to campaign to overthrow Roh
    303 22 AFP SOUTH KOREAN opposition leader Kim Dae-Jung. under attack by former supporters for cooperating with the government, yesterday threatened to campaign for the overthrow of President Roh Tae-Woo Mr Kim threatened the anti-government campaign in a meeting with South Korean reporters in southwestern
    AFP  -  303 words
  • Article
    Lock icon MTUC hoping for 'frank' meeting with Mahathir
    205 22 Bernama THE MALAYSIAN Trades Union Congress hopes to have a "heart-to-heart" talk with Prime Minister Datuk Seri Dr Mahathir Mohamad and thrash out all outstanding issues. MTUC president Zainal Rampak, in welcoming Dr Mahathir's decision to meet union leaders, said yesterday that he
    Bernama  -  205 words
  • Article, Illustration
    Harvard guru to help S'pore develop marketing strategy
    188 22 A LEADING authority on modern marketing at the Harvard Business School, Professor Theodore Levitt, will visit Singapore in August to help the Republic develop a national marketing strategy. Professor Levitt will meet about 500 senior executives from both the public and private
    188 words
  • Article
    World environment day
    118 22 TO MARK World Environment Day (WED), which is commemorated all over the world today, the Ministry of Environment is to hold an essay competition and screen a film entitled "The Greenhouse Effect". The title for the essay competition is this year's WED theme "Global Warming: Global Warning".
    118 words
  • SATURDAY ROUNDUP
    • Article
      Productivity raises
      62 22 ALTHOUGH South Korean workers have experienced double-digit wage increases in the past few years, their competitiveness has not been significantly affected, said Mah Bow Tan, the Minister of State (Trade and Industry). This is because their productivity increases have matched their wage increases. Mr Mah was elected the
      62 words
    • Article
      'Keep up with changes'
      64 22 PUBLISHERS of Chinese books were told to keep up with the changing times and tastes and to ensure that their books continue to appeal to the young. Ong Teng Cheong, the Second Deputy Prime Minister, said that if more young people read Chinese books, the promotion
      64 words
    • Article
      Role of JPs enlarged
      56 22 THE ROLE of the Justice of the Peace (JP) has been enlarged to include the tasks of marriage solemnisers and deputy registrars of marriages. Professor S Jayakumar, Minister for Home Affairs, said this is part of the government's plan to give JPs more responsibility and greater
      56 words
    • Article
      Wage rise at 11.2 pc
      122 22 IF COMPANIES continue to do as well as they did last year, Singaporean workers should receive a nominal wage rise of 11.2 per cent and not 8.2 per cent, the National Trades Union Congress said. This discrepancy arose because the 8.2 per cent figure did
      122 words
    • Article
      Direction of Mendaki II
      155 22 MALAY grassroots leaders will play a major role in shaping the policies and direction of Mendaki 11, the body proposed to handle the socio-eco-nomic problems of the Malay-Muslim community. They will take up 10 out of the 15 seats on Mendaki li s policy-making board of
      155 words
    • Article
      Malay students
      133 22 MALAYS were advised to study the Singapore Constitution first before they meet to discuss any proposal to change the financing of Malay students at the tertiary level They should also consult legal experts if necessary, Mr Sidek Saniff, the Senior Parliamentary Secretary (Education), said on Saturday. Mr Sidek
      133 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      326 22 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Singapore teams up with France, Australia and China in an ambitious US$2OO million venture. 2. Hock Lock Siew considers the wisdom of Jack Chia's sale of the Tai-Pan Ramada.
      326 words
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      Page 22 Advertisements Column 2
      363 22 SINGAPORE INSTITUTE OF MANAGEMENT MANAGEMENT DEVELOPMENT PROGRAMMES JUNE-AUGUST 1989 SALES A MARKETING MANAGEMENT PERSONNEL MANAGEMENT A TRAINING 27. SIM Course Leaders' Course Jul 24 29 28. Identifying Training Needs Aug 16-18 29. A Customer Service Course for Trainers to Take Away Aug 21 23 30. Self-Renewal Productivity* Aug 29 Sep
      363 words
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  • SHIPPING TIMES
    • POTR SIDES
      • Article
        Lock icon Witass changing CAFs
        98 23 Reuter THE West India Transatlantic Steam Ship Line (Witass) is changing the currency adjustment factors (CAFs) for trade between Europe and the Caribbean. From June 16, the CAF for trade to and from UK/Eire will be cut to 7 per cent from 10 per cent, and for
        Reuter  -  98 words
      • Article
        Lock icon Two missing after ship mishap
        77 23 Reuter THE Panamanian bulk carrier Conch and Japanese ship Taiyo Maru No 18 were in collision 26km north of Kinkazan lighthouse in the sea of Japan, Lloyds Shipping Intelligence Service reported. The Taiyo Maru No 18 sank, but the 22,541 dwt Conch is still afloat.
        Reuter  -  77 words
      • Article
        Greek tanker on fire
        84 23 THE Greek motor tanker Drastirios had a fire in its engine-room about 480 km south-east of Fujairah, United Arab Emirates, which was later extinguished with the help of a British naval vessel, Lloyds Shipping Intelligence Service reported. The crew were at first unable to control the
        84 words
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        Lock icon Gothenburg's investment
        68 23 International Freighting Weekly THE Port of Gothenburg has decided to invest £2.5 million in seven straddle carriers, increasing the total number of straddle carriers at the Port's Skandia container harbour to 22. With the addition of the seven new machines, it is expected that the full effect of
        International Freighting Weekly  -  68 words
      • Article
        Lock icon Shipbuilding approval
        98 23 Seatrade Week SOUTH KOREAN shipbuilders will have to get Ministry of Trade and Industry approval of export newbuilding orders. The government is anxious to prevent price cutting by Korean yards. It has also designated Daewoo, Samsung and Inchon shipyards as firms eligible for rationalisation. This means that their
        Seatrade Week  -  98 words
    • Article
      Simex organising seminar on hedging fuel
      255 23 THE Singapore International Monetary Exchange (Simex) is organising a luncheon seminar, "Hedging Bunker Fuel in Simex HSFO Futures Market" tomorrow at the World Trade Centre Conference Hall. This seminar is aimed at key personnel in the shipping industry and bunker trade, to enhance their
      255 words
    • Article
      Index to advertisers
      999 23 ABBS Una XII ABC Cofltainerline XI Accord Shpg VIII AfS XIII Ahrenkiel liner XII AC Toepler XHI Arrow lines XI Anoc Corrioge XIII ANl IH ARC Line VII API V ASCI V Alios line XII Bolt Conodo Una IX Bolt Orient lirve IX Baltic Orient Shpg XI
      999 words
    • Article
      Lock icon Lenin Shipyard may be saved from closure
      239 23 Reuter THE Lenin Shipyard in Gdansk, the birthplace of the Solidarity free trade union, might be saved from closure. Barbara Piasecka-Johnson. a Polish-American who inherited a fortune, signed a preliminary agreement in the Baltic port with Solidarity leader Lech Walesa and the shipyard
      Reuter  -  239 words
    • Article
      Lock icon Panama Canal Commission plans to raise ship tolls
      306 23 AP THE COMMISSION that administers the Panama Canal has announced that its board of directors plans to raise tolls by 9.8 per cent for ships using the link between the Atlantic and Pacific Oceans. A toll increase must be ratified by US
      AP  -  306 words
    • Article, Illustration
      Suzue-PSA to boost warehouse facilities
      481 23  -  Company plans joint ventures with firms in US and S-E Asia By JEAN FOONG SUZUE-PSA Cold Storage is boosting its warehousing facilities by leasing additional space from Keppel Distripark and Container Warehousing Transportation (CWT) Distripark. "In the near future, the company is likely to go
      481 words
    • Article
      Wan Hai to start fixed-day weekly S-E Asian service
      236 23  -  By G DURAIRAJ TAIWANESE shipping line Wan Hai Steamship Co Inc is to start a fixed-day weekly service later this month to take advantage of the in-ter-Asian trade boom in Malaysia and Singapore Initially, three vessels Yi Chun, Wan Chun and
      236 words
    • Article, Illustration
      Ports: new environment
      1453 24 The executive director of Seattle port, Mr Zeger Van Asch Van Wijck, was in Singapore recently to speak at the Asia Pacific Freight 2 Conference held last month. Below are excerpts from his speech. OVER the past decade, the international marketplace has been changing as a result
      1,453 words
    • Article, Illustration
      Marine Insurance
      597 24 NEVER mix politics with religion, goes the old saying. For cargo owners, running the gauntlet between the two is an everyday affair. The Middle East, for example, may reject goods on either political or religious grounds and the complexities of the laws governing importation are almost impossible to
      597 words
    • Article
      Cockett bunker report
      929 24 THIS FORTNIGHTLY report. compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices tor a more comprehensive description of the market Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      929 words
    • Article
      Who acts for whom ...
      2324 24 Who acts for whom A B AB Shipping Boustead Shpg Agencies (S) ABBS Lin* SMS Pie Ltd (S)/Tunas Setia (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Una (PK/PN) Ahrenklel Liner Kim Shpg (S) Alfred C Toapiar Ocaanus Shipping Agency (S)/Multtport Sdn Bhd (PK)
      2,324 words
    • Article
      Shipsales
      381 25 A GREEK owner has sold its dry cargo division comprising 13 vessels to Dutch buyers for US$l25 million, brokers said. The vessels involved are as follows: Krtti Diamond 16,169 dwt and built 1977; Krtti Pearl 16,169 dwt and built 1978; Krtti Emerald 16,170 dwt and built 1978; Krltl Rubl
      381 words
    • Article
      London Freights
      983 25 FREIGHT rates remain under pressure on Thursday, with the Baltic Freight Index dropping a further nine points to 1,587. Dealers said they expect rates, especially for grain cargoes out of the US. to fall in coming weeks. No new business was mentioned on the key grain routes from
      983 words
    • Article
      SHIPPING LIST where your ships are due...and when
      11085 32 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      11,085 words
    • Article
      Ships in port
      1860 36 AT CONVENTIONAL WHARVES VmmI Voy No Barlh Arrival Dapartura Kappal Wharva« April Gl 6oryunshon Ou Muhiboh Equator Jade laiowo Mudonshon Qmghech*ng San Juon Sir V*nlur* Tangquon Tram Fj*H Trans Fjord Vwrto Arrow Om« Bang Progoti Choa«> T radar Dona Algo Equotoi Hoi tang Homo 8igo 111 Gtomour
      1,860 words
  • Page 23 Advertisements
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      9 23 "The Illustrated Encyclopedia of Wildlife" Hf wtmmmmmSJmA STP Distributors
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      Page 23 Advertisements Column 2
      18 23 Lines and services represented by Members of the Registry of Accredited S©S't Shipping Agents, Singapore National Shipping Association
      18 words
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      Page 23 Advertisements Column 3
      236 23 of Dictionary Port competition OVER the past decade, the international marketplace has been changing as a result of globalisation of the world's economy, the rise of new competitors, and a new international trade environment. Ports today need to learn how to compete better in the new global economy. PAGE II
      236 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1076 25 OOCL UiuliiuU'd U» C?*u*lify IAROINE SHIPPING AGENCIES ."00 C4nlonm«t<l Moid *12 OS Sot.lhpo.nl »ng*p©n "AS r«t *****11 MUX NO RS ***** tiRMiNAi cis M *****18 m BOOKINCS Tel »20»34 2)5 PfSAKA JAROINE SHIPPING AGENCIES SON *H0 PO#T HUANG 111 KlAtll r«4«i No MAJ9477/MAJ97OI PENANG 111 *****4 ffIEX NO MA4OO/3 CIS
      1,076 words
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      Page 25 Advertisements Column 2
      1173 25 "Port 'Penang Keiang This mm Metis M Closing Tim* CY a/6 0400 MRS CFS 5/6 1800 MRS This »ee* Laust M Closing Tim* CV 7/6 2300 MRS CFS 7/6 1300 MRS This awl Lauat M Closing Time CY 7/6 2300 MRS CFS 7/6 1300 MRS LAUST M 8908 ANNA M
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      653 26 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BHEMERHAVEN ANTWERP LE ERG EXPRESS 01/581 7/6 9/6 27/6 29/6 ''7 2/7 )N BAY 91/541 8/6 3/7 27/6 29/6 26/6 RD EXPRESS 01/595 9/6 30/6 3/7 MARU 05/582 14/6 16/6 4/7 6/7 8/7 9/7 ROSA 02/543 15/6
      653 words
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      Page 26 Advertisements Column 2
      485 26 COLUMBUS LINE REEDEREI GMBH A SERVICE OF HAMBURG SUD) V EXPRESS SEMI-CONTAINER SERVICE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) MORAYBANK VIOS COLUMBUS NIUGINI V7S SPORE 13/6 Port Moresby. Lae, Rabaul Kimbe, Orobay (Direct) 30/6 Port Moresby, Lae. Rabaul. Accepting LCL cargo for main ports discharge and also to Wewafc. Kavieng, Kieta,
      485 words
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      Page 26 Advertisements Column 3
      1030 26 o REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE (VIA FEEDER) wr,w PEN PKL SIN FLX HAM BRE ROT ANT LEH NORTH SEA 912 W 14/6 15/6 16/6 11/7 14/7 15/7 16/7 17/7 IS/7 NORASIA SINGA 8913-3 21/6 22/6 23/6 18/7 20/7 21/7 22/7 23/7 24/6 NORASIA AL MUNTAZAH 8914 3
      1,030 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1365 27 SHirrlNb HMEia, muiiuay, uuiw u, Steamers Maritime Holdings Ltd p&o Containers I CONTAINER SERVICE TO UK/CONTINENT: Also Accepting Cargo For: HMtatri lo Copwtugtn A»r*us. Gottwnburg. Malmo, StortKoHn, MMtf. Sondtrturg Rattv<l«i> to Artwp. AjwtPfdjm. Oslo Suit Zuritii Br«Mnhav«n :to trcmn Southampton to *11 UK fettiiutionv B«ltnl and Dublin CONTAINERSHIP SERVICE FROM
      1,365 words
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      Page 27 Advertisements Column 2
      816 27 >•—« a u«»ir> I I ftIC WEEKLY EXPRESS INDEPENDENT YANG LINt FAR tAST'EUROPE FUtLT containerised service WESTBOUND HANJIN ROTTERDAM 00J* CHCYANG CHANCE O«2W HANJIN MASAN 049W HANJIN lEHAVRE 002W Also accepting for Inland UK deitmatiom Antwerp and Scan<ton<ynn pom FMG FLOTA MERCANTE GHANCOLOMBIANA S A (NATIONAL LINE OF COLUMBIA! ■EASTBOUND
      816 words
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      Page 27 Advertisements Column 3
      124 27 PtLAYAHAM MUTIABA SAMUDRA AGUNG MJ p 8/6 P. BARU/PERAWANG PALMA SEJATI 11/6 BATAM/P. BARU KUALA SIAK 16/6 KUPANG/SAMARINDA 5 vessels (weekly) to PERAWANG/PEKAN BARU/OUHAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We specialise in project heavylift cargo. Owners operators of tug boats
      124 words
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      Page 27 Advertisements Column 4
      338 27 Hai Sun Hup Co (Pte) Ltd r TEL *****0* (20 Un««) TLX R5220«1 A R*****2 fc. i:\STKHX CAR UNKK LTD NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN ft CHINESE PORTS. SUBJECT INDUCEMENT IML INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS •Alio ulls E L A P.E. GENERAL AGENTS: HAI
      338 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      553 28 IX SINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN IRAN BAY AN PAW Singapore Loading for In Port BANDAR ABBAS •OUTH PACIFIC SERVICE MOTHER VSL KYOWA VIOLET V 26 KYOWA HIBISCUS V 37 LOAD FOR: GUAM. SAIPAN. HRA. VILA. NMA. LTK. SVA, PAGO, APIA GUAM. SAIPAN.
      553 words
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      Page 28 Advertisements Column 2
      752 28 HANJIN SHIPPING CO., LTD ra:ne k i > t r TO EURO p E VIA SUEZ HANJIN ROTTERDAM 003N 106 CHOYANG CHANCE 042W 17/6 HANJIN HASAN 04W 246 HANJIN IE HAVRE MEW 1/7 S par* LtHavrt Rdw H bof| B'havan Fitow* 106 21/6 nn W 2/7 3/? 17# 5/7 W
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      Page 28 Advertisements Column 3
      242 28 INTEROCEAN LINE 7B 2nd Floor. Joton 2/71. Taman Tuo Or lamaM. MOOO KL. T«l: 71M734. ******4. *****2* TLX NO MA-37**3 FAX: 03-7173*11 Ponarq Oil: Tal: *****7. *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LCL/FCL AUSTRALIA UK/EUROPE USA CANADA ■H GUANGZHOU MARITIME \<g TRANSPORT BUREAU OF CHINA If soutkrnl*e regular liner
      242 words
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      Page 28 Advertisements Column 4
      861 28 EVER GREET EVER GOLDEN EVER GLOBE EVER GENIUS EVER GIANT EVERGREEN full Contdiner Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) FU IW L*rm —7™ t« 29* a* 3® s/i *9 7/9 ALSO ACCEPTING CARGO TO 1) PROVIOINCt Nf»ARH SAVANNAH ROSTON PWILAMLPHIA. NORFOLK JACKSONVILLE. WILMINGTON BERMUDA ETC I) ATLANTA. CtMCAOO DETROIT COLUMBUS A OTMCR
      861 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      979 29 SHIPPING TIMES, Monday, June 5, 1989 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 r CONTAINER SERVICES [FAR EAST VESSEL MAI QUANO MAJAPAHIT OOWA VOY SIN JKT MY VOY SIN H«O «O «E yok NGO 11 sb 7/9 9/9 11/9 1»B 22 "55 %n *n
      979 words
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      Page 29 Advertisements Column 2
      356 29 BEN USE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT »«Kt*'b*>t (iprtu >* Kowioon til M Hjrlto'd tiprrM W AlaU* M»fu IM EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM B HAVIN R OAM HAVRE STOW P KIANC STOW fOK jm B« Sa.ltd SmM Sjnd SIIM J# M HK6. KAO London Euross S»M Sj.lotf
      356 words
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      Page 29 Advertisements Column 3
      417 29 If i\" DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LIOYO P.T. KSUM LLOYfi p.T. SAHUOEBA IWDOWESI* P.T. TWKOM UOYD SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY S'PORE ANTWERP H BURG/ VSU U RDAMjAOAM BREMEN SRIWIJAYA/2WB 7- 5/6 (CONVENTIONAL FULLY BOOKED) (CONTAINERISED CAROO ACCEPTABLE) e PAMJANG'22 WB 14-17/6 13/7 (ACCEPTING
      417 words
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      Page 29 Advertisements Column 4
      459 29 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangi m NORTHBOUND TO UKC IVYBANK V24N TAUSALA SAMOA VISN CLYDEBANK V26N THE BANK LINE SEMI-CONTAINER SERVICE RDAM HMBG HULL \iP Wl TIP 11/8 16/8 70'8 12/9 It/9 21/9 I EXPRESS TO PAPUA NEW
      459 words
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      Page 30 Advertisements Column 1
      947 30 OOCL FAITH OOCL FRIENDSHIP NEPTUNE JAOE OOCL FORTUNE OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE Kline KAWASAKI KISLN KAISII A. LTD. N. AMERICA-ATLANTIC COAST (OY 'INDO 'PK/PNG fsGP ILB CHL: VOV LB 13 29/4 13 6/5 18 16/5 CHLS NFK 9/5 11/5 16/5 18/5 26/5 28/5 NYC HFX 13/5 17/5 20/5
      947 words
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      Page 30 Advertisements Column 2
      718 30 <3351» AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL7FCL Containers KALIDAS V 43 2 July 3 TULSIOAS ¥.42 ft July I KAUDAS ¥.44 22 Aug I TULSIOAS ¥43 14 Sept Transit time Singapore Melbourne U days P Helang Penang Loading lor. By Feeder By Feed* 26 June 26 June Frem/KMbiSydn/Adet 19 July
      718 words
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      Page 30 Advertisements Column 3
      491 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. Tt4o» Af*f Street SINGAPORE 0104 TEL U43SM (It LINES) fai S343KM STRAITS/PERSIAN GULF SERVICE: GOLDEN HARVEST Cotanto/Karach. Doba. GOLDEN WONDER Colombo/lUradVOul* CHINA SERVICE BAI TUN SHAN rutau/ShwifhK GUSHAN Oalian S'pore P Kelanj Penang ilt June 11/20 Jun* Id fori It Jun* LI
      491 words
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      Page 30 Advertisements Column 4
      552 30 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD =07-12 AFRO ASIA BUILDING. SINGAPORE 0106. TELEX RS ***** PHILI FAX *****76 EAST/FAR EAST Fa ft La ETA SINGAPORE Im/emhk icahwaha Fa ft La nma ITBN [U/S I LOW. F'STOWE, STOW, LEEI 11£JK 71* TIIMIRY ARFRWHI IF H m Fa ft
      552 words
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      Page 31 Advertisements Column 1
      996 31 Agents S pore Ft EU/AUST *****53 *****19 *****11 NEPTUNE AGENCES PTE. LTD. Bookings Inward/ Termi TP A, SEA Outward ***** NEPIINE SON BHD (CR NO. **********0E) NEPTUNE ORIENT LINES LTD EXPORT IMPORT FDR VSL/VOY Perkasa 77S Perkasa 78S Perkaaa 79S Perkaaa SOS Perkaaa 81S Perkaaa 82S TCTEUROPE UK (VIA SUEZ)
      996 words
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      Page 31 Advertisements Column 2
      122 31 /CTTSv PAN OCE/ I PAN) SHIPPING V COMPANY REGULAR CONVENTIONAL SERVICES TO UK CONTINENT PORTS TO MIDDLE EAST PORTS TO USA PORTS S pore: BALISA AGENCY PTE LTD 80 Marine Parade Road «13-01 02 Parkway Parade Singapore 1544 Tele* RS ***** BALISA For Bookings Tel *****00 (8 lines) P.Kelang: BAHTERA
      122 words
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      Page 31 Advertisements Column 3
      99 31 Specargo Forwarding (S) Pie Ltd *y/ (Inte'r.a'.iona FregM Fo'^B'jJe'S) TEL *****55 fid *****88 TLX RS ***** PERITA CONTAINER LINES WEEKLY FULL CONTAINER SERVICE FROM SINGAPORE TO WEST MALAYSIA MV "ANGKASA JAYA" VSL VOY 10 N VOY 11-N SIN 6/6 13/6 PNG 8/6 15/6 PK 9/6 16/6 SIN 10/6 17/6 BOOKINGS
      99 words
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      Page 31 Advertisements Column 4
      684 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNANC p KELANG MESSRS HAI THONG SHIPPINC 127 Pcw| Street. Peninj. MiU,va M/S HANDLING SYSTEM CO SON
      684 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      420 32 r SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TU 225 6868 (34 Lmesl FAX *****39/*****76 TUEX RS ***** A/B SSCMA RS ***** A/BSSCAO DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND T. WENDA 1* VnLHCLM Pi ECU 6/B9 H. CEGIELSKI
      420 words
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      Page 32 Advertisements Column 2
      73 32 T.S.K. LINE WttKlY CONTAINE«ISIO SERVICE rtiru fi<£C o* r ft B l fn»r^njjiaEMCaEMEapM MBUKI ¥22 HERMES ACE V 22 HAKUSAN II VI CONTINENT ¥23 KABUKI ¥23 HERMES ACE ¥23 99tlCiyi3QiLjyi EXPORTS TO SURABAYA TSKLINE AGENCIES (S) PTE LTD TEL: *****68 NYK AGENCIES (M) SDN BHD TEL: K L *****66 PKL
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      180 32 > jSm' *F "'iZW V Regionol Weather w:> -■J< -c m s irV 4 i N i 0H ftPt? V >J> V SIGNIFICANT WEATHER AMD SEA CONDITIONS AT 7.30 AJI. June 5, 1989 c O Wnd direction with speed m knots KGCMO P Temperature c ftK»wrvtorm Weather Weid deection with
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      Page 33 Advertisements Column 1
      782 33 TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR IBN ALROOMI 13/6 Iraq/Japan THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERSfCONVENTIONAL CGO
      782 words
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      Page 33 Advertisements Column 2
      295 33 fffcl RICHFIELD MARINE AGENCIES (S) PTE LTD pR TEL *****33 (10 Lines) FAX *****15 TELEX HS ***** RISHIP (3 Lines) T T A I of Ethiopia) ACCEPTING FCL AND CONVENTIONAL OARESSAL AAM MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAH OARESSAL AAM MOMBASA. DJIBOUTI ASSAB MASSAWA HOOEIOAM Other ports along the route workable
      295 words
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      Page 33 Advertisements Column 3
      857 33 a SIGMA EXPRESS (S) PTE LTD TEL *****44 FAX *****75 ACCEPTING CARGOES FOR: BANGKOK 6/6 BUSAN 7/6 BOMBAY 8/6 COLOMBO 8/6 CHITTAGONG 9/6 HONGKONG 8/6 CALCUTTA 9/6 MUARA/LABUAN/KK 8/6 KUCHING/SIBU 6/6 TOKYO/YOKO/KOBE 8/6 LE HAVRE/HAMBURG 10/6 FELIXSTOWE/R'DAM 10/6 KEELUNG/KAOSHIUNG 11/6 FREMANTLE 12/6 SYDNEY/MELBOURNE 10/6 LONG BEACH/LOS ANGELES 10/6 ALSO ACCEPTING
      857 words
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      Page 33 Advertisements Column 4
      214 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE UL 6/6 17/6 19/6 ma TIGER BAY 7/6 12/6 LEUVE 9105 7/6 11/6 M BARDESKIY 07CE89 13/6 IS/6 A. GONCMAROV *****9 18/6 SUSAK 68N 18/6 25/6 LEUVE 9106 21/6 26/6 TIGER BAY 71N 29/6 6/7 CONTACT PERSONS :MR ROBERT OH/ HENRY/
      214 words
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      Page 33 Advertisements Column 5
      94 33 FARM SHIPPING Tel: SB4 01SB REGULAR EXPRESS FCL LCI SERVICE ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND vs. C. VtROUK ZD *NmmN m tut units m t huoic m r 7 DATS TO FKEMANTLE! TO USA/CANADA vs. c. vuouk as Alto accepting cargo to- USA Houston. Savannah. Tampa, Jacksonville. Wilmington (M)
      94 words
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      Page 34 Advertisements Column 1
      134 34 ri m-4a MEIGO SHPPtNG TRADING (PTE) LT #11 03 PARKWAY PARADE TEL *****00 FAX: *****51 3 CABLE: ME I GOSH IP TLX: RS 207» MEIGO AH CONVENTIONAL SERVICE SINGAPORE/PHILIPPINES uy <- K c *****/6 KAOSHIUNG. KEELUNG KHASNOCORSK 7-10/6 HONG KONG SINGAPORE/FAR EAST OANSENG HIN N0.3 5-7/6 ANYTMsiAiTPOfI LILY ALICE n
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      313 34 OcerhSeruice k SFFA SINGAPORE Kuata Lumpur 03 *****56 778 6522 (22 lines) 02 ***** lafcsrf Contact: Elaina Teo, Esther Yap. 21-*****4 ■*r A shipping (Singapore) private limited Canto bookings Tel: *****88 (5 LINES) <A REGULAR LINER SERVICE CALSOURCE 2 12 June BATANGAS. CEBU. MANILA TIMOR ISLAND 25 May DISCHNG LO
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      386 34 CSAV TO/FROM FEEDER S'PORE MOTHER VESSEL HK YOKO MICA IQQ ANTOFVALP SAI CYE VESSEL CSAV 2 17* ARAUCO V 18SI 2/7 Hfl 11* 21,4 23* 2W 12/1 CSAV 3 tP ONE SKOU VISO3 11/7 1/1 l«fl 2« CARGO FOR PUNT A ARENAS. TALCAHUANO VICENTE) ACttPTEO WITH T/S VIA VALPARAISO Agcnta
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      Page 35 Advertisements Column 1
      644 35 CJAAAA A. ill VJ m —j Everett Lines V> LOADING FOR CALLAO. MATARANI. ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION Penang* P. Kelang* Singapore ROSEEVERETT 7fl Jun JOHNEVERETT 17/19 Jun MURRAYEVERETT 4/6 Jul 7/9 Jul ORIENT LINE" JAPAN/BAY
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      Page 35 Advertisements Column 2
      444 35 Zl FULL CONTAINER SERVICE accepting FCL'LCL cargoes to USA East West Coast Carribbean East Canada HAITI Costa Rica. El Salvador Guatemala. Honduras. Venezuela. Peru. Ecuador. Colombia via Miami. Trinidad. Barbados. Antigua. St Lucia. Montserrat. Guayana via Kingston r-u-v nIIHIIImm■ 1 1 IM 1 11 111 IM| IM YOKOHAMA I 7/C
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      766 35 n rwmr i I A 1 L I'M 1 IlL' IMM>»iNO IfMHSPORTAIION (Pit) LTD WEEKLY LCL/FCL SERVICE VESSEL JENLINK 109N A VESSEL DESTINATIONS PORT KELANG MANILA HONG KONG, ALL CHINA PORTS KEELUNG. KAOHSIUNG BUSAN TOKYO, KOBE CHITTAGONG DUBAI SYDNEY, MELBOURNE SPORE BANGKOK 6/6 I 9/6 ETA SINGAPORE 10 JUNE 9
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      Page 35 Advertisements Column 4
      504 35 weekly full container servi ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA JAKARTA ETA ETD VESSEL VOY SINGAPORE ETA ETD PRABHAKTI 266-267 6/6 7/6 (TUES) 268 269 13/6 14/6 VOY SINGAPORE SURABAYA ETA ETD ETA ETD PRASE TIA 46/47 07/6 07/6 10/6 10/6 (WED) 48,49 14/6 14/6 17/6 17/6
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      Page 35 Advertisements Column 5
      478 35 PTC CONTAINER LINES FCI/ICI SERVICE pt: JP FAR EAST 11/6 KEELUNG/KAOHSIUNG 10/6 BANGKOK 11/6 MANILA 10/6 JAKARTA 10/6 PORT KELANG/PENANG 8/6 BUSAN 13/6 TOKYO/YOKO/KOBE 9/6 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingan&Shanghai SIN EUROPE/UK 10/6 RDM/HAM/ANT/LE HAVRE/GENOA 10/6 LDN/FLX/LVP/SOU SIN USA/CANADA 11/6 L.A./NYC/SFO 12/6 VANCOUVER/TORONTO/MONTREAL S!N AUSTRALIA/NEW ZEALAND 10/6
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      176 36 LTD KAMPUCHEA SERV Vessel Voy ETA ETD Destn ANABAS V8905N In Pt 8/6 Kampongsom TZU HANG V8907N 10/6 12/6 Phnom Penh TEL: *****07 TLX: ***** FAX *****76 fej ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and reefer), LCL and breakbulk cargo for both north
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      32 36 SUN UNION LINE REGULAR SERVICE TO KARACHI S'PORE LOADING FOR OCEAN HAWK Vll6 22/6 KARACHI Ao«nt* SHtBUSAWA MEISHIN N.T.V. TRANSPORTATION CO (PTE) LTD. 9 T «t: 223M22 TU: RS 21«11 F«i 225M34
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      Page 36 Advertisements Column 3
      611 36 bx JE CONTAINER LINE TEL: *****59 FAX *****63 KARACHI 13H CALCUTTA 13/ C CHITTAGONG Ufi SRI LANKA/ INDIA NEW ZEALAND/ AUSTRALIA AUCKLAND 12/6 ft 22/6 WELLINGTON 12/6 22/6 N PLYMOUTH 12/6 ft 22/6 EUROPE/ UK 13/6 ft 20/6 13/6 ft 20/6 13/6 ft 20/6 rttwt WIUHM fill* NOW LOADING JAPAN
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      Page 36 Advertisements Column 4
      591 36 iMfir r MilsciOSK Lines. Lid A Sh db FULL CONTAINER EXPORT TO: UK/CONTINENT (TRIO) TSS P M*| s*» "Jf! «,*f- U SBSNST* M W j in tn to ip up MEDITERRANEAN (MED CLUB)* S.nnpaM P K»l»nf Bc*lOfu M'millm Cmm KARAT* 1W W JfJ MONT BLANC MARU 1W 1p *1 lIP
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