The Business Times, 6 June 1989

Microfilm: NL16652
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, JUNE 6, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    245 1 Dow down STRENGTH in US bond prices, though they were below highs, helped stocks recover from early selling centred on the blue chips, traders said. The Dow was off six at 2,512 after falling to 2,508. Gainers took a small lead over declining issues. Footsie lower SHARE
    245 words
  • Article, Illustration
    Greater focus on polytechnic and vocational training
    641 1  -  By ANNA TEO THE EMPHASIS in tertiary education will shift to polytechnic and vocational training over the next few years, in line with projected demand for engineering and technical manpower. A third polytechnic is on the cards in a move to widen the
    641 words
  • Article, Illustration
    Asian markets take a heavy beating
    617 1 HANG SENG PLUNGES 581, STII DOWN 33 POINTS THE CRISIS in China and to a lesser extent in Teheran sent stock prices plunging in major Asian markets yesterday. Worst hit was Hongkong, where the Hang Seng Index plummeted almost 600 points in a selling
    617 words
  • Article
    US$ closes higher against yen
    117 1 THE US DOLLAR yesterday closed higher against most currencies but easier against the West German mark in the Asian currency markets. Active profit-taking and speculative sales stopped an early rally and speculative sales triggered by political instability in China and Iran. In Tokyo, the dollar
    117 words
  • Article, Illustration
    China-linked banks in HK hit by deposit withdrawals
    504 1  -  By FOO CHOY PENG THE HONGKONG government was yesterday forced t to inject HKSI94 million in- i to the colony's banking sys- tern as hundreds of angry i protesters withdrew their < deposits with mainland- I backed banks. < The withdrawals in
    504 words
  • Article
    Singapore-China trade hit by political situation
    581 1  -  BUSINESSES ADOPT WAIT-AND-SEE STAND J® The China question Rmporfd by LEE HAN SHIH, SUZANNE SOH, JOCELYN TON, RAHITA ELIAS SINGAPORE-CHINA business has ground to a near standstill as local businessmen assess the worsening political situation in China. A sombre mood was evident among Chinese
    581 words
  • Article
    PM condemns use of force
    162 1 THE PRIME MINISTER yesterday joined world leaders In condemning the Chinese government's violent action against student protesters in Beijing. In a statement issued last night, Mr Lee said: "My Cabinet colleagues and I are shocked, horrified and saddened by this disastrous turn of events. We
    162 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      157 1 Nikon The World's Finest Photographic System. Beef is Boss atJackjs What makes Jack's Place one of Singapore's favourite Restaurants It's not only our ambience, the friendly service and the affordable prices. It's because we serve our famous mouth-watering, tender, juicy steaks just the way you like it, everytime. Be it
      157 words
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      Page 1 Advertisements Column 2
      212 1 BACK PAGE R«vl«w for Poly courao* 'Poly graduats* much sought after' Editorial Comment: 12 A thousand rivers of sorrow Asia-Pac economic forum 12 French wary of grouping Hughes Nippon 2 Rotary Drilling invests $2.2 m Feedback session 3 How organisations can help SMEs US tariffs 4 Japan threatens Gatt action
      212 words
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      Page 1 Advertisements Column 3
      76 1 Nikon The World s Finest Photographic System. BACK PAGE: Raactlon of world loadars US suspends arms salos to China Censorship tsars in Hongkong PAGE 2: Visw by China sxpsrt PAGE 12: Lsadsr PAGE 13: Turning ths tlds in China's history Cartier X X x O o AMERICAN TANK ky mu/t'
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  • HOME NEWS
    • Article, Illustration
      Rotary Drilling takes over operations of Hughes Nippon
      278 2  -  By SANGEETA MULCHAND A NEW COMPANY, Rotary Drilling Tools Manufacturing, has invested $2.2 million to take over the operations of recently dissolved Hughes Nippon, s Nippon Steel-Bsker Hughes Joint venture. Rotsry Drilling Tools is s three-way venture between Japanese trading house Nissho
      278 words
    • Article
      China affairs expert surprised by violent crackdown in Beijing
      375 2  -  ■y TAN KEE WEE THE DENG XIAOPING of 197« would not heve cracked down on students in Tiananmen Square, triggering a bloodbath two days ago. Thla is tha view of Prof—or Marlon Levy Jr of Princeton liniveralty when aeked yaatarday about
      375 words
    • Article
      New FORSC to be reckoned with
      221 2 MAY the FORSC be with you. This will be Singapore Airlines' message to sirfreight forwsrders next month. SIA will sllow, for s fee, sccees to its Freight Operations end Reservation System Computer (FORSC), s boon to csrgo sgents checking on csrgo spsce svsilsbility, confirming
      221 words
    • Article, Illustration
      Focus sets its sights on conservation projects
      435 2  -  br Sangeeta Mulchand SIX MONTHS Into the business, a food and beverage consultancy is working on icecream, a tee-shop, conservation protects, among other things. Believed to be the first at Hi kind In town, it expects first-year turnover of up to 1900.000 with
      435 words
    • Article
      Singapore names Honorary Consul in Rotterdam
      87 2 A POLITICIAN and lawyer will be Singapore's Honorsry Consul in Rottsrdsm, Ths Netherlands, when the consulsts opens nsxt month. Ths Honoursbls Jsmes Leonard Janssen van Raay, 57. is a Rotterdam lawyer and a Member of the European Parliament from the Christian Dsmocrat Party, ssid
      87 words
    • Article
      STPB appoints agent in Seoul
      245 3 TO ATTRACT more South Korean tourists one of Singapore's fastest growing markets the Singapore Tourist Promotion Board (STPB) has appointed an agent to bolster its efforts. Nara Corporation, an independent advertising agency, is now the board's marketing representative in South Korea. Nara will be helping
      245 words
    • Article
      MEMO-PAD
      420 3 Seminars and courses Jun 9 Effective Corporate Financial Controls le Meridien Hotel Datasearch Resources Jun 15-16 Finance For Non-Financial Managers Hilton Hotel Avant-Garde Training Associates Jun 14-16 Situational Leadership SIM Management Singapore Institute House of Management Jun 17 The Psychological Winning Amara Hotel Executive's Desk Pte ltd Edge in
      420 words
    • Article
      Endec to organise entrepreneurship seminar next year
      331 3 AFTER ITS official opening last week, the Entrepreneurship Development Centre (Endec) is embarking on its first project: an international entrepreneurship conference and exhibition next year. It will have a message for small and medium-sized enterprises "Think Global" and will gather entrepreneurs, representatives from
      331 words
    • Article, Illustration
      Business organisations call for help to develop SMEs
      628 3  -  FEEDBACK SESSION THROWS UP PROPOSALS By GENEVIEVE CUA HELP should be extended to chambers of commerce and trade associations so that they could, in turn, develop smalland medium-sized enterprises. This point came across clearly in a feedback session chaired by Feedback Unit
      628 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      150 2 t 1 Plan your new office above. At the tame time, you can plan on teving quite a bit of spece. Thinks to Dlethelm's modular office system. With our system, you cen fit s workstation Into sn sree thst couldn't even fit e desk before. The big rsnge of desks,
      150 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      158 3 EilsiiisSSPiil Btw! .1 m I I I nn F 7i£»* trvM^Vi rJlftLftii Credit POSB. The most affordable way to own your home. Our home financing package makes home ownership more affixdabk. No frills. No strings attached. No catches. Just the most practical terms so that you own your home without
      158 words
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      Page 3 Advertisements Column 2
      309 3 It lasted a year. And took the talents of more than a hundred people. We had to show how to keep perfect track of 20 million licenses and 30 million registrations. And show how all kinds of records could be instantly updated, by 8,000 employees in 170 offices throughout the
      309 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Pol Pot to quit politics once Vietnamese withdraw
      295 4 Reuter POL POT, the shadowy leader whose government was accused of slaughtering up to a million people, has promised to quit politics if Vietnamese troops leave Cambodia, Khmer Rouge radio said yesterday. It said Pol Pot, 64, has resigned as head of
      Reuter  -  295 words
    • Article
      Lock icon Japan threatens to file Gatt complaint against US
      278 4 AP JAPAN has threatened to file a formal complaint against the United States for being accused of protectionism. Shigeo Muraoka, Japan s Vice-minister for International Trade and Industry, said on Sunday that he considered filing an official complaint before the General Agreement
      AP  -  278 words
    • Article
      Lock icon Toyota training centre in Bahrain
      99 4 UPI JAPAN'S top carmaker Toyota Motor Corp said yesterday that it will build a service training centre in Bahrain to strengthen its high technology service capabilities in the Middle East. The Nagoya-based company said the US$3.4 million centre will provide training in the latest vehicle
      UPI  -  99 words
    • Article
      Lock icon Suharto-Bush talks to focus on economic issue Suharto-Bush talks to focus on economic issue
      300 4 Reuter ECONOMIC ISSUES, including Indonesia's lament that it is excluded from a US initiative to help Third World debtors, are expected to dominate talks when President Suharto meets President George Bush this week. Mr Suharto left
      Reuter  -  300 words
    • Article
      Lock icon Family planning award for Suharto
      128 4 AFP PRESIDENT SUHARTO goes to New York this week to receive a United Nations award recognising his personal role in the success of family planning programmes in Indonesia, the world s fifth most populous nation. Secretary General Javier Perez de Cuellar will present the UN
      AFP  -  128 words
    • Article
      Lock icon Bangladesh's development programme approved
      123 4 AFP BANGLADESH'S President Hussain Muhammad Ershad has approved a US$l,Bl3 billion annual development programme for the fiscal year beginning June. Press reports on Sunday said Mr Ershad approved the programme at a meeting of the National Economic Council in Dhaka on Saturday. The reports said of
      AFP  -  123 words
    • Article, Illustration
      Lock icon Khomeini's death leaves behind power vacuum
      363 4 NYT THE SWIFT ACTION by Iran's 83-member assembly of theological experts in naming Ayatollah Ruhollah Khomeini's successor, Ali Khamenei, as the country's supreme religious leader, is clearly meant as a signal by the clergy that it is in control and able to arrange an
      NYT  -  363 words
    • Article
      Lock icon New Iranian leader Khamenei seen as lightweight
      180 4 Reuter PRESIDENT Ali Khamenei, chosen as Iran's supreme leader on Sunday, is a relatively unskilled politician who stayed clear of an intense power struggle for Ayatollah Ruhollah Khomeini's mantle. Mr Khamenei, 49, was initially propelled into the position of president largely due to
      Reuter  -  180 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1090 4 ARRIVALS DEPARTURES Operator Swvkt number Mm* From OptrMi ■wrvic® local ftnw Far NCA K2207 0215 NRT SU SQ602 0230 AKL ALK UL45S 0300 TYO CAL (3341 0330 DM/LUX FTL FT75 0315 DFW/ORD/ANC nrt/mnl/tpe ALK UL455 0400 CMI NCA KZ206 0425 NRT ML JL61S 0340 NRT KAL KE697
      1,090 words
    • Article
      Lock icon Bhutto in US to discuss nuclear arms, aid and Afghan war
      341 4 UPI PAKISTANI Prime Minister Benazir Bhutto left last Sunday for an official visit to the US, where her talks with President Qeorge Bush and other senior officials are expected to focus on her country's alleged nuclear arms capability. US
      UPI  -  341 words
    • Article
      Lock icon Pakistani opposition parties form united front
      203 4 AFP OPPOSITION political parties, including Islamic fundamentalists and leftwingers. formed a united front last Sunday to oppose the ruling Pakistan People's Party (PPP). Veteran politician Nawabzada Nasrullah Khan said at a press conference in Islamabad that the former chief minister of Sind province. Ghulam
      AFP  -  203 words
    • Article
      Lock icon Aussie rates expected to stay high
      175 4 Reuter AUSTRALIAN interest rates, being kept high by the government to control domestic demand and imports, are unlikely to ease until at least the December quarter of calendar 1989, according to Westpac Banking Corp. "Interest rates are likely to remain at, or above, current
      Reuter  -  175 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      329 4 from adventurous to luxurious a You get a taste of everything in Australia's Northern A Territory. There's adventure unlimited in a land so rich with mysteries and natural wonders. Yet the luxuries of world-class hotels and deluxe tours are s®r WlwWm_l i there for the taking when all you jmfr
      329 words
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      Page 4 Advertisements Column 2
      14 4 LONDON CJlymir Tntrl Air CtmhM 7iMSS. A BREATH OF FRESH AIR JS* Air Canada
      14 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      148 4 wm w// (°c) 12/04 Showart 14/10 Cloudy 31/18 Claor 13/08 Cloor 36/27 Cloor 33/25 Sunny 30/25 Cloudy una* 23/13 Sunny 24/15 Cloudy 15/09 Cloudy 28/25 Cloudy 17/07 Cloudy 22/13 Cloudy 12/04 Roln 16/12 Rofci 19/08 Cloudy 35/20 Cloor 17/08 Cloudy 1 2/08 Showars 28/20 Rom 19/13 Roln 16/10 Cloudy 32/24
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  • REST OF THE WORLD
    • Article
      Lock icon Third World welcomes new EC development aid proposal
      319 5 Reuter THIRD WORLD countries warmly welcomed a European Community offer on Sunday to improve a development aid programme which they say has had disastrous social side-effects on their countries in the past. "We are happy with the community's proposals. We think they
      Reuter  -  319 words
    • Article
      Lock icon Spanish-French agreement to push for EC monetary union
      162 5 AFP SPAIN and France will seek to "trigger the process to monetary union" in the European Community at the upcoming summit meeting in Madrid, the foreign ministers said in Paris on Sunday. The announcement by France s Roland Dumas and his Spanish
      AFP  -  162 words
    • Article
      Lock icon Weak interest in election of stronger European Parliament
      346 5 AP CITIZENS of the European Community will elect a new European Parliament this month, choosing for the first time, Parliament members with real power in the community's legislative process. In the past few years, the Strasbourg-based Parliament has been rapidly shedding the
      AP  -  346 words
    • Article
      Lock icon Recession fears ease in the US
      556 5 FALLING INTEREST RATES FEEDING INFLATION, SAY ECONOMISTS NYT INTEREST RATES have begun to decline across much of the US economy, reducing the probability of the recession some economists have been predicting but also perhaps fanning the fires of inflation. The latest slippage in rates
      NYT  -  556 words
    • Article
      Lock icon Domestic debt a heavier burden for Mexico than foreign obligations
      266 5 NYT WHILE the attention of the government has been focused on renegotiating the nation's foreign debt, Mexico's domestic debt constitutes a heavier drain on the nation's financial resources than all the obligations owed to foreign banks and governments. In dollar
      NYT  -  266 words
    • Article
      Lock icon Foreigners' share of US patents rises
      274 5 NYT HAhDLY a day goes by without somebody voicing concern about America's deteriorating ability to compete in world markets. Japan and other Pacific Rim countries now dominate the manufacture of video-cassette recorders, cameras and many other consumer electronics goods. Japanese companies make about one-quarter
      NYT  -  274 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      189 5 BRAKING WITH TRADITION. immmM m mm m* m ISk mm 'tm m i i it* K I a I -X' w m&rv* s ■■"•I'» y >i e- .u r V The Xj-S 3.6 Coupe has die potcncy to bring a cfcstant bhtr into snarp bocus. Effortlessly EquJy impish* is advanced
      189 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      89 5 Doonesbury STUNNSP REACT/ON TO themarholmarjes. I CANT BEIIEVZANPY 1 HJOULP SAY THAT AdOiTT ME I there's MOREn=^\^v V, 7 e< 'ttRyBOPY WAS THERE, 3IANCA, MICK,JERRY,HALSfON,CHERANP CORNELIA. AISOdOOPSe, THIS PISHWATER-OLONPE ACTRE&M) HASN'T VEW FAMOUS, BUT KEPT UKE JM^mJHAT 0 BY GARRY TRUDEAU SHE ANP BiANCA WERE HEARING THE SAME OFF-THESHOULDERHAU STON,
      89 words
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  • MONEY NAD EXCHANGEŚ
    • Article
      Forex markets
      1545 6 SINGAPORE: The US dollar closed higher against most currencies but lower against the mark after volatile trade yesterday, dealers said. It rose to 140.55/65 yen from New York's 140.45/55 Friday close but fell to 1 9405/15 marks against 1 9440/50 marks. "Dollar sentiment seems bearish," said Kouichi Kubo,
      1,545 words
    • Article
      IMM
      189 6 IMM currency futures lurched upward near the end of the day last Friday, extending an all-day rally on mounting speculation that the Federal Reserve and US banks could move to reduce interest rates this week. The release of sluggish US employment data fuelled talk that the Fed could safely
      189 words
    • Article
      Government Securities Market
      100 6 Treasury bills Day's Period Issue Yesterday's closing cod* Maturity WO om* HKJH LOW 3 months BQ891 21F 31.08.89 3.92 3.87 6 months BY*****H 23.11.89 3.92 3.87 1 y«or BY*****F 24.05.90 4.32 4.27 4.35 4.29 Government notes and bonds^ Period Issue Maturity Coupon Yesterday's closing Day's cod* rate
      100 words
    • Article
      Lock icon Simex
      437 6 BA Futures SEPTEMBER Eurodollar futures opened seven ticks higher at 91.27. The September contract dipped to a low of 9126 on profit-taking, before settling at 91.27, up 41 ticks with a range of 9126 to 9129 Currency futures rose as the US dollar weakened following a weaker employment number
      BA Futures  -  437 words
    • Article, Illustration
      World interest rates
      157 6 12 imJoT banks In S'per* Interbank market n i ust DM SWFC Y«n 7 4*yi 9 a/4 if* 13 7/14 3/1* i/a 4 1/1-4 Ii/l-l 1 a* 11/14 13 19/1* 13/1* 11/14 9/1* 7 7/14 3/14 J1/I-4 3 7/14 3/14 14 l/S 14 4 7f% V4 7
      157 words
    • Article
      Options
      1310 6 CURRENCY FUTURES OPTIONS Monday, Jura DEUTSCHE MARK (8ftMX) 5, 1989 Jot 88 JwSSpMi H** Lot t M8 LOT 8*8 SI 17 52 43 53 148 54 CAS 243 55 CAB 54 CAB OT 8 M 8*p 88 pM* H* Lot 8*8 52 132 S3 190 54 2*0 Monday, iun
      1,310 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      122 6 h fil A Asia'B9 4 S "■'s. t-'w >«j•* .♦T'.W'-r* Sth Asian trad* exhibition on banking technology tqulpmtnt and sarvlcat i 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
      122 words
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  • BANKING AND FINANCE
    • Article
      Insured and insurer belong to same side
      823 7  -  by PAUL FRANKLAND Mr Paul Frankland is the Singapore branch manager of Commercial Union Assurance, one of the Republic's largest insurance companies. His views do not necessarily reflect those of Commercial Union. REGULAR READERS of this col- umn will know that one of
      823 words
    • Article
      Lock icon Malaysia seeks to rectify Pawnbrokers' Act
      184 7 Bernama THE FEDERATION of Malaysian Consumers Associations (Fomca) has identified at least 10 weaknesses in the Pawnbrokers Act, 1972, that need rectification. Fomca deputy secretary-general Joe Selvaretnam, in welcoming Deputy Housing and Local Government Minister Datuk S Subramaniam's announcement that the Act would be
      Bernama  -  184 words
    • Article
      Forum to focus on application of electronic data interchange systems
      390 7  -  By QUAK HIANG WHAI THE CONCEPT of information technology in banking will be highlighted by some leading information service companies in a confer-ence-cum-exhibition starting today. The three-day conference which will focus on the application of electronic data interchange (EDI) systems
      390 words
    • Article, Illustration
      Credit Lyonnais sets up merchant bank in S'pore
      364 7  -  By DEXTER LEE CREDIT LYONNAIS, one of the top three French banks, has set up a merchant banking arm in Singapore to complement its existing offshore branch here. The merchant bank, Credit Lyonnais (Singapore) Merchant Bankers (CLMB), was formed last month with
      364 words
    • Article
      Lock icon Greenback defies any government attempt to control its value
      631 7 NYT WHILE the Group of Seven the US and six of its Western trading partners would like to be able to stabilise or adjust their currencies in relation to one another with deliberate, deft actions, the fact is that currencies. like
      NYT  -  631 words
    • Article
      Asian $ market
      302 7 Asian market ASIAN DOLLAR deposit rates ended lower yesterday compared with last Friday's level after thin trading, dealers said. The weaker rates were due to news of a smaller than expected increase in US May non-farm payrolls, higher US bond prices and a half percentage point cut in prime rate
      302 words
    • Article
      Money markets
      65 7 THE OVERNIGHT RATE fell by 2/8 point to 5 3/8 per cent on the Singapore money market yesterday. Short--term rates rose by 1/16 point across the board r > S$ Interbank rates at the close yesterday: OfFCt BIO o>««5 3/8 5 1/4 1 momti 5 3/8 5 1/4
      65 words
    • Article
      Lock icon Banks unhappy with Mexico's new debt reduction proposal
      327 7 NYT THE MEXICAN GOVERNMENT has presented its committee of commercial bankers with a new plan to reduce and restructure U5554.5 billion in debt, but the offer did not satisfy the banks, officials involved said. One banker said in New York last week
      NYT  -  327 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      168 7 The Amazing /Oyster Nfalet Garmentl Bag. Hidden pocket for personal items. (Patent pending) Locking hanger_ fixtures lock any hanger in place. (Patent pending) Crisscross packing. bar holds clothing in place on hanger. (Patent pending) Two retainer straps hold longer garments in place. (Patent pending) Hidden pocket to. hold ties and
      168 words
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      Page 7 Advertisements Column 2
      206 7 A HOME. NOTA HOTEL. There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family
      206 words
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  • COMMODITIES
    • Article
      Lock icon Opec making progress on output curbs
      469 8 PRICES MAY BE ALLOWED TO FLOAT Reuter OPEC HAS EDGED towards a deal on oil output curbs that might enable it to give a new twist to prices, already up around 50 per cent this year, delegates at an Opec meeting reported. Firmer prices
      Reuter  -  469 words
    • Article
      Lock icon Australia may tighten chemical rules after Thai apple ban
      233 8 AFP AUSTRALIA may tighten regulations for a possibly hazardous chemical used on apples after a decision by Thailand to impound apple imports, officials in Canberra said on Saturday. A spokesman for Primary Industries Minister John Kerin said that Australia had not
      AFP  -  233 words
    • Article
      Lock icon Hanoi authorises trade in gold, silver and precious stones
      142 8 AFP VIETNAM'S state and private enterprises have been authorised to trade in gold, silver and precious stones, the Nhan Dan daily said last week. Businesses seeking such trade must deposit silver or precious stones with the state bank, "have the necessary
      AFP  -  142 words
    • Article
      Lock icon Burma to expand logging trade
      333 8 AFP BURMA, which has logging contracts with 21 Thai companies along the Thai-Burmese border, plans to expand its timber trade with other neighbours. Senior forestry officials in Rangoon said on Friday that border trade in timber is being contemplated with China, India and Bangladesh to
      AFP  -  333 words
    • Article
      Lock icon US offers slight ray of hope for coffee talks
      469 8 Reuter THE US DECISION to drop threatened boycott of coffee talks, which started in London yesterday, has cast a allm ray of hope on the embattled pact that governs up to US$l2 billion in world coffee trade. Chief US coffee negotiator
      Reuter  -  469 words
    • Article
      Rubber
      339 8 SINGAPORE: Rubber prices recovered part of their early falls in quiet afternoon trading yesterday on some short-cov-ering, deslers said. July 1 RSS ended at 182.00 cents a kg, down 1.50 cents from last Friday's close. Trading was quiet. On the TSR-20 Award market, prices also recovered some of their
      339 words
    • Article
      Palm Oil
      332 8 MALAYSIAN crude palm oil future* closed easier yesterday in fairly active trading. A dealer said prices opened higher with the price level maintained by short-covering in the morning before selling dominated later. He said the market was also under pressure on developments in China and there was uncertainty
      332 words
    • Article
      Precious Metals
      397 8 HONGKONG: Gold closed higher from last Friday's levels in moderate two-way trading on light demand by Japanese and local investors, dealers said They said a weak US dollar encouraged buying, but selling by Australian traders and profit-taking by local investors depressed prices late in the session. Nevertheless, the
      397 words
    • Article
      KL Tin
      142 8 A WEAKER DOLLAR URRhI tha ringgN and abmhn ol tr«ah d«v*lopmanta m« tha Kuala Lumpur Tin Martrat (KLTM) prlca fall 40 cant* la Mst7.lo a kg, bratera said. Turnavar tall la 11) toiwac lra«n 190 laat Friday wMh Eurapcan tradara taking moat al tha dtapoaala. Tha KLTM priaa
      142 words
    • Article
      RAS and MRELB
      247 8 RA8 prices i«ionm«foi NOON 1 In Mm CLOSE In* 1 RSS Prompt Int 1 RSS My *9 In* 1 RSS Aug tat 2 RSS OP Int 3 RSS Of Int 4 RSS Of Int 5 RSS Of mujwn 182 JO 180.50 180.50 itaoo 171-50 166.00 162J00 183J0N
      247 words
    • Article
      SSR and SMR
      77 8 (canti/kg) JULY 1989 AUGUST 1989 (currant month) (forward month) NOON NOON RAS fciyKt -M hiywt S*«*n SSt 30 151.00 153.00N 151.00 153.00N SSI SO 149.00 151.00N 149.00 151.00N MRELB Ivytn S*iWn lvy«n S»lwi SMt CV 243.50 245J0N 245.50 247JON SMI I 246.50 248.50N 24®. 50 250.50N SMI
      77 words
    • Article
      Lock icon Crude Oil and Products
      140 8 Telerate FUEL OIL prices were stable in quiet trade yesterday. Most traders appeared to be sidelined, holding on to their current positions due to the Opec meet this week. Buyers were notional- ly around $98 MT FOB Sing with sellers st $100 MT FOB Sing for
      Telerate  -  140 words
    • Article
      Produce Prices
      193 8 ChliMM Produce Exchange Saltan' noon dodng pricM on Jun 5 (SS/100 kg) Coconut oil it* K>« 107.00 CM drum FOB 117.00 N*w drum FOB 121.00 Copra 6X50 (•Wort MJx*d (loon) Pepper Muntok wWt« 567.50 FOB NtW Sorawak wMt* 557.50 FOB faq NLW Sarawak »p«ciol 432.50 black FOB NIW
      193 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      422 8 ADVERTISEMENT Historic Rescue b* i 4 The drive to preserve Singapore's architectural heritage is in full swing. The URA is spending millions of dollars to restore the shophouscs of Chinatown to their pre-war splendour while big guns in the private sector arc tossing in ideas for rejuvenating life along the
      422 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      112 9 2 t K-j 7 m I rK h A > to ■W v IJt Mr r<W.T»* J -,•)*»>« WHAT GOOD IS RELENTLESS PRECISION ENGINEERING IF IT DOES NOT MOVE THE HUMAN SPIRIT. THE NEW MERCEDES-BENZ 200 E. THE MOST ADVANCED 4-CYLINDER. M.ITRE CAR WITH MECHANICAL/ELECTRONIC FUEL INJECTION. MAXIMUM POWER OUTPUT
      112 words
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  • TECHNOLOGY
    • Article, Illustration
      Singapore leads world in use of SMT technology
      351 10  -  Investment in production ranks second to Japan By TEH HOOI LING SINGAPORE is the world leader in the concentration of manufacturers using surface mount technology (SMT), and second only to Japan in the amount invested in such manufacture. However, the bulk of
      351 words
    • Article, Illustration
      Lock icon Sega challenges Nintendo as videogame king
      851 10 UPI ARCADE-GAME MASTER Sega of America and computer giant NEC unveiled a new generation of home videogame technology with vastly expanded graphics and stereo sound capabilities on Saturday to challenge Nintendo's dominance in the US$3 billion market. But Nintendo dismissed the competing technology as
      UPI  -  851 words
    • Article
      Lock icon Japanese team claims success in creating fusion at room temperature
      291 10 AFP A JAPANESE research team has claimed success in creating nuclear fusion at room temperature. a process that has sparked scepticism around the world but promised to provide a new source of energy. Tadahiko Mizuno and Tadashi Akimoto, assistants at
      AFP  -  291 words
    • Article, Illustration
      New despatch system for DHL couriers
      214 10 COURIER company DHL International has installed a new com-puter-based despatch system to increase the efficiency of Its service. The new system, which coet the company about 1400,000 to set up. will allow a higher number of pick-ups. Where it used to take DHL about
      214 words
    • Article
      Lock icon Major breakthrough in chips making
      324 10 AP A NEW process for forming ultrathin components of microchips eventually will allow significantly more information to be stored on them, University of Texas researchers say. They announced recently that their process lowers by hundreds of degrees the temperature at which thin layers of crystalline
      AP  -  324 words
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      Page 10 Advertisements Column 1
      167 10 At the Carlton Brasserie, you don't have to be French. Just curious, r M W3\ Discover why the informality and fnendliness of the traditional French Brasserie is one of France's greatest exports to the world Of course we've added a few touches of our own to give it, what we
      167 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      187 11 OUR DEALERS CAN MAKE FAT MARGINS ON EVERY TRANSACTION. s m aJ i? Tv"t v X BUT ONLY BECAUSE AT&T's TELECOMMUNICATIONS LEAVE NO MARGIN FOR ERROR. Our dealers live to the beat of the US exchanges. Every tremor there can mean big bucks. Or big deficits. hichever it is depends
      187 words
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  • PERSPECTIVE
    • Article
      A thousand rivers of sorrow
      502 12 WHAT now for China? That question, if asked three days ago, would have been answered somewhat along these lines. After a power struggle, the hardliners were back in charge of the government; the protests were petering out; the point at issue was what changes in
      502 words
    • Article, Illustration
      Lock icon French wary of Asia-Pac group
      1302 12  -  Fear of possible protectionist move behind concern BT yesterday carried an article examining the Australian initiative to form an Asia-Pacific economic forum. BOEY KIT YIN of the Foreign Desk, recently back from a trip to France, today reports on reactions there to the proposed forum.
      Source: FEER yearbook  -  1,302 words
    • REGIONAL VIEWPOINTS
      • Article
        East Java poised to ride the wave
        265 12 INDONESIA EAST JAVA which has been enjoying a faater pace of Induatrialisation than most other provinces over the pest five years, is poised to ride on even a higher wave of robust business growth in the years to come. investor intereet in this
        265 words
      • Article
        Bush rallies Nsto
        313 12 NATO THE United States President, Mr George Bush, has finally taken the initiative in the arms control debate with the Soviet Union. The tour-point package he unveiled in Brussels on Monday was certainly worth waiting for. Having been on the losing end of a public relations battle
        313 words
      • Article
        The golden goose
        314 12 MALAYSIA WHEN the Perak State Government first proposed the impoeltion of royalty on tin in the middle of laat year, many miners were darkly murmuring about a possible death threat to the goose that was laying the golden egga. particluariy at a time when the prognosis for
        314 words
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      Page 12 Advertisements Column 1
      152 12 in BT's Weekend Edition HERTZ MAKES 3 EQUAL 2 Mathematically, of course, if s not possible. But Hertz has a great deal which can make 3 days seem like 2. When you rent one of our superbly-maintained, new model Mitsubishi Galants (1.6) or Lancers (1.3 1.5) for 3 days, J
      152 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      56 12 I'D UKSE-To (?£MT ft'LARGE. A VILLA cuDsero THE aeAoi, BeDtoOM PW Bathroom IN TiMe fbOLMOOS£,PI FoOR I fteoßoOro GUesTHOUS£ PWDJ exTexsiveviGios ofTne 7 MCXHIftINS... S or _..-n N*Y OfeQUt lOILL Be in Tne ffosr this j ,£V€MIMG S rN'^ I mM j f\T "HCftiRD STROKE. IT UNLL 9.4-5 Pfc£-asa.y.... s
      56 words
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  • FOCUS
    • Article
      Lock icon Foreign investments will dry up, say economists
      603 13 The first shot into a sea of unarmed protesting students, workers and civilians in Tiananmen Square over the weekend turns the tide in China's history jf The f\China question Reuter THE BEIJING government's bloody crackdown on student protesters could bring foreign investment in
      Reuter  -  603 words
    • Article, Illustration
      Lock icon Tiananmen will haunt China for years
      920 13 NYT WHOEVER wins the power Strug- I gle now under way in the Chi- i nese Communist Party will find i the challenge of ruling China incomparably greater after this weekend. By ordering troops to fire on unarmed crowds, the leadership has created an
      NYT  -  920 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      254 13 BEHIND THIS WHEEL. YOU'LL BE AHEAD OF THE WORLD. r < A at Xk f m 3 sr. V r w I* rp Vi OMEGA i <v£ aMP v >- Sfc Ope/ Omega puts you ahead In safety unique variable height seat belts front and rear, computercalculated occupant zones, bonded-in
      254 words
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  • qjmdbb
    • Article, Illustration
      Lock icon Campaigners rescue the Bard's theatre
      387 14 CONSERVATION Reuter THE REMAINS of William Shakespeare's 16th century Rose Theatre won a reprieve from the bulldozers last week, but campaigners fighting to save the site said it was still in danger. Property firm Imry Merchant said instead of building directly on top of the
      Reuter  -  387 words
    • Article
      Lock icon And now — the electronic pocket-sized Bible
      462 14 And now the electronic pocket-sized Bible ELECTRONICS Reuter KEY IN "valley", "shadow" and "death" and up cornea the 23rd Psalm on the screen of the newest version of the Good Book the pocket-sized computerised Bible. At least two manufacturers, taking advantage of information compression technology, are exhibiting computerised versions of
      Reuter  -  462 words
    • Article, Illustration
      Lock icon Broadway pays tribute to its glorious past
      602 15 lONY AWARDS Reuter BROADWAY reached back to its glorious past on Sunday night aa a compilation of hit musicals and a Jazz-age revue swept theatre's Tony awards in what many called the leanest season in years. Jerome Robbins' Broadway, a collection of the
      Reuter  -  602 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      887 14 CPU RVOISIER VS.OP oa -WHERE TO ENTERTAIN ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN (XXUSES. For between $26++ and $40++ you can select from our appetiser GRILL buffet including seafood, smoked salmon and oysters. Choose from many lavish
      887 words
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      Page 14 Advertisements Column 2
      136 14 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 with Chicken Sauce. Sichuan Buffet front June 1 30 only 12 noon 2.50 pm f Adult* *25++ •Child: #IS+ Complimentary Cognac or
      136 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      208 15 <»<»<»<• T] The Businessman's Lunch Is In The Park. The businessman s luncb at Hubertus Grill offer* you the opportunity to dine in the relaxing ambience of a hunter lodge and to enjoy a sumptuous spread of appetizer*, soups, salad*, fruit and dessert*. Plus, there is a seUction of delightful
      208 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. H V s COGNAC m. COURyOISIER A y i/~ s W
      29 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      694 15 TOjHKHJOa CRYPTIC PUZZLE ACROSS 3 Walk from the butcher's? (5) 8 Put little piece in a pan and it tastes nutty (5) 10 Would he harass you? (5) 11 It's worn, bud (3) 12 Like regions where there's cold to bear (5) 13 Now Mark becomes a labourer (7) 15
      694 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1268 15 TV and RADIO Operatic brilliance Luciano Pavarotti, om of tho featured tonight In Cultural Mo Momanta on SBC 12 at KMMpm OUR CHOICE CULTURAL MOMENTS, 9.30fm, SBC 12 (I) Quartet. A music film that won the 1987 International Film Festival Gold Hugo Award, tt features an interpretation of Schubert's string
      1,268 words
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  • SPORTS
    • Article, Illustration
      Lock icon Graf, Sabatini pull through
      587 16 TRENCH OPEN AFP STEFFI GRAF helped Gabriels Sabatini throw off her Paris blues at the French Open yesterday. The Argentine glamour girl, beaten by Florida neighbour and close friend Mary-Joe Fernandez in Sunday's fourth round singles, struggled for an hour to find her touch as Graf
      AFP  -  587 words
    • Article, Illustration
      Lock icon Faldo clinches British Masters by four strokes
      335 16 GOLF AP NICK FALDO added the British Masters title to the US Masters championship he had claimed in April by completing a record total of 21-under-par 267 on Sunday to win the US$5lO,OOO event by four strokes. Faldo, who won the European PGA
      AP  -  335 words
    • Article
      Lock icon Byrum captures Kemper Open
      233 16 AP TOM BYRUM won his first title in four years on the PGA Tour on Sunday, shooting a 3-under-par 68 to capture the Kemper Open by five strokes with a tournament record 268 total. Byrum, who entered the final round with a two-stroke lead over Tommy
      AP  -  233 words
    • Article
      Lock icon Piasecki takes sprint portion, Fignon keeps leader's jersey
      242 16 CYCLING AP LECH PIASECKI of Poland won the sprint portion of the 15th stage of the Tour of Italy cycling championship on Sunday, while Laurent Fignon of France kept the overall leader's jersey. Jean Paul Van Poppel of the Netherlands finished first
      AP  -  242 words
    • Article
      Lock icon Lurvik takes lead in Milk Race
      138 16 AFP NORWAY'S Olaf Lurvik took over the leadership of the Milk Race Tour of Britain on Sunday thanks to an inspired performance by his French Z-Peugeot outfit in the seventh stage team time trial from Southport to Blackpool. They clocked Ihr 13min 12 sec
      AFP  -  138 words
    • Article
      Lock icon Lakers, Pistons all set for thrilling re-match
      471 16 BASKETBALL AFP THE DETROIT PISTONS, who narrowly lost to the Loe Angeles Lakers in the National Basketabll Association finals last year, will again meet the two-time defending champions beginning in Detroit today, but are hoping the sequel will turn out better than the
      AFP  -  471 words
    • Article, Illustration
      Lock icon Prost wins Phoenix Grand Prix
      483 16 MOTOR-RACING AP ALAIN PROST took advantage of team-mate Ayrton Senna s mechanical problems and ran away with the inaugural Phoenix Grand Prix in the sun-baked downtown streets on Sunday. Prost's 36th career victory, adding to his own Formula One career record, also moved the diminutive
      AP  -  483 words
    • Article
      Lock icon Mears has Lady Luck on his side
      317 16 AP RICK MEARS was spurned, then blessed, by luck as he charged to victory in the Miller High Life 200 Indy-car race at State Fair Park on Sunday. After falling nearly two laps behind, the three-time Indianapolis 500 winner made a late rush
      AP  -  317 words
    • Article, Illustration
      Lock icon Schwantz overcomes bad streak to win Austrian GP
      293 16 MOTOR-CYCLING AFP KEVIN SCHWANTZ threw off his streak of bad luck to win the Austrian motor-cycling Grand Prix in Salzburg on Sunday. The Texan, fastest throughout qualifying on his Suzuki, outrode title holder Eddie Lawson. on a Honda, and world championship leader
      AFP  -  293 words
    • Article
      Lock icon Conner making preparations for next America's Cup
      673 16 YACHTING UPI TEAM DENNIS CONNER was pronounced open for business on Sunday, as the three-time America's Cup skipper confirmed he would race in the next cup regatta if it is in San Diego or New Zealand. At a news conference on the lush,
      UPI  -  673 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Thumbs up for Bukit Sembawang
      659 17 HOCK LOCK SIEW THE MARKET has given the thumbs up for Bukit Sembawang Ltd for its proposal to make a capital repayment to its shareholders. Yesterday, where there were only 12 rises against 230 falls on the Singapore stock market, the property counter recorded a
      HOCK LOCK SIEW  -  659 words
    • Article
      UIC sells 22.2 m Inter-Pac shares
      373 17 UNITED INDUSTRIAL Corporation Ltd has ceased to be a substantial shareholder in Inter Pacific Bhd (formerly Raleigh Bhd) following the sale of 22.2 million Inter-Pac shares last Thursday. In a statement to Inter-Pac, UIC said it nad, through Hongkong subsidiary UIC Offshore Trading Ltd,
      373 words
    • Article
      Kulim to buy Labis Bahru Estate for Ms3o.sm
      373 17 PLANTATION-BASED KULIM (Malaysia) Re Ltd has entered into an agreement to buy Labis Bahru Estate in Johor from National Land Finance Co-operative Society Ltd for M 530.5 million. Kulim will pay for the 2.107hectare estate in Msl4 million cash and through an
      373 words
    • Article
      Kamunting extends deadline for underwriting of loan notese
      511 17  -  By AMY BALAN WITH the current market decline following the bloodied unrest in China, merchant bankers are getting even colder feet about underwriting Kamunting Corporation's M 5296 million convertible unsecured notes. BT understands that yesterday's deadline for underwriting the notes has now
      511 words
    • Article, Illustration
      Goodwood Park, Hotel Malaysia turn in improved results
      648 17  -  GROUP INTERIM PROFITS UP 22.6 PC By ROSIE TAN GOODWOOD PARK Hotel Ltd (GPL) and Hotel Malaysia Ltd, controlled by fugitive hotelier Khoo Teck Puat, have turned in improved half-year results, thanks to the buoyant tourist and notel industries. For the six
      648 words
    • Article, Illustration
      Hiap Moh to look out for new niches
      400 17 SESDAQ-LISTED Hiap Moh Corporation Ltd, Singapore's leading paper merchant and stockist, will identify new market niches for its paper merchanting, paper converting and indenting business. In its latest annual report, Hiap Moh's chairman Joshua Ng said the company, which recently exceeded ita
      400 words
    • Article
      Attachment scheme for Indonesian bankers and brokers
      258 17 THE STOCK EXCHANGE of Singapore (SES) has arranged for a group of Indonesian brokers and bankers to be attached with Singapore financial institutions to gain a better understanding of how the stockbroking and underwriting businesses are conducted in Singapore. The exchange was acting
      258 words
    • Article, Illustration
      Lock icon GM of bumiputra construction firm wins control of Menang
      569 17 MBT A GENERAL MANAGER of s successful bumiputra construction company haa secured control of Menang Corporation. Menang announced last Tuesday that Mr Abd Mokhtar Ahmad had been elected chairman of the company. At the same time, Mr Edward Chan Kow Chian,
      MBT  -  569 words
    • Article
      Lock icon Court approves MRCB revamp scheme
      103 17 Bernama THE KUALA LUMPUR High Court yesterday gave its sanction to Malaysian Resources Corporation Bhd's (MRCB) restructuring scheme relating to the payment of debts to the group's creditors. According to the scheme, unsecured creditors would be given a dollar-for-dollar payment in the form of shares.
      Bernama  -  103 words
    • SES
      • Article, Illustration
        Market suffers its biggest one-day fall this year
        1104 18  -  by JOSEPHINE CHAN SPARKED OFF by a wave of frantic selling in Hongkong, the local market suffered its largest single-day drop of the year with the Straits Times Industrials Index plunging 33.84 points to 1,271.37. As angry Hongkong residents rallied to condemn
        1,104 words
      • Article
        Unit trusts
        253 18 Monog*n' prices for Jvm* 6 Singapore Unit Trust T)m Commtc* MO I.I/* Saving! Fund 098 104 S'por* Prog Fund 044 048 S pwt S«c fund 074 079 S'por* lnv«it Fund 080 085 S'poft Equity Fund 0 53 057 Asia Unit Trust Mol Invest Fund 153 1 63 Mai
        253 words
      • Article
        COMPANY MEETINGS
        69 18 YEO HIAP SENQ (MALAYSIA) BHD: 15th AGM at the Registered Office, 7 Jalan Tandang. ***** Petaling Jaya, Selangor, today at 2 00 pm. HOTEL MARCO POLO LTD: 16th AGM at Tanglin Room. 2nd Floor, Omni Marco Polo Hotel. 247 Tanglin Road, Singapore 1024, tomorrow at 10.30 am. YEO
        69 words
      • Article
        SES SHARE INFORMATION
        5843 18 Gr's Gr's M Cap Tel Code Last Sale Vol Dav Last Quote Div Div Y'ld Net 1989 Hiah Low Company or(000) High Low Buyer Seller C'vr P/E $mll JUN 05 SESDAQ 14 2.7 22 3 1 10.4 83 83 8.1 620 246 60 7 144 168 93
        5,843 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices take a beating
        3378 19 MBT IN LINE with most Asian bourses, shares on the Kuala Lumpur stock market took a beating yeeterday as inveators turned cautious following the developmenta in China. The fall, after five consecutive sessions of rises, left a trail of hefty loeaee A dealer eetimated the
        MBT  -  3,378 words
    • REGIONAL MARKETS
      • Article
        Lock icon BHP puts investment plans in China on hold
        591 20 No immediate plans to pull out, says company AFP AUSTRALIA'S biggest company, Broken Hill Proprietary Co Ltd, has put China investment plans on hold in the wake of the weekend massacre in Beijing. Aa Foreign Affairs and Trade Minister Gareth Evans expressed
        AFP  -  591 words
      • Article
        Lock icon NTT president says company weakened by Recruit scandal
        594 20 AFP THE IMPLICATION of three of its former executives in the Recruit scandal has weakened Nippon Telegraph and Telephone Corp at a time when it could face being split up, NTT president Haruo Yamaguchi said at the weekend. Hisashi Shinto, former chairman
        AFP  -  594 words
      • Article
        Lock icon Air India shows record profits of US$26m
        236 20 AFP AIR INDIA netted record profits of 400 million rupees (US$25.B million) in fiscal 1968-89 after operating a year in the red. The turnaround in the year which ended March 31. 1989. came despite additional expenses of US$23.B million incurred on depreciation and
        AFP  -  236 words
      • Article
        Lock icon Japanese companies fret over ATT patent
        423 20 Reuter JAPANESE COMPANIES i are concerned that Ameri- I can Telephone and Tele- i graph Co (ATT) could use a 1 recently-won patent to ex- i tract licence fees from i them or to block their high-tech exports to the US. But they remain
        Reuter  -  423 words
      • Article, Illustration
        Lock icon Stocks tumble
        553 20 Tokyo Reuter TOKYO share prices closed sharply lower yesterday in erratic and lethargic trading due mainly to the crisis in Beijing and Teheran. The 225-issue Nikkei Stock Average, a 313.93 yen loeer on Friday, shed another 210.34 yen to cloee at 33,457.06 yen in a third straight losing
        Reuter  -  553 words
      • Article, Illustration
        Lock icon Slightly firmer
        455 20 Australia Reuter AUSTRALIAN shares drifted down from earlier highs but ended slightly firmer by the close of floor trading yesterday, dealers said. They noted that buying interest dwindled in line with a lack of investor interest from overseas, particularly Hongkong. "There was no evidence of any buying from
        Reuter  -  455 words
      • Article, Illustration
        Hang Seng Index drops 581 points
        1258 20 Hongkong HONGKONG share price* rebounded on short-cover-ing yesterday after the shooting of pro-democracy demonstrators on Sunday in China cauaed the Hang Seng Index to drop 646 points, brokers said. The Hang Seng Index finished 581.77 points lower at 2,083.61. Turnover was HK52.25 billion, up
        1,258 words
      • Article
        Lock icon Bangkok: Sharp fall
        234 20 Reuter THE THAI stock market yesterday fell sharply in heavy trading in its first correction in two weeks in a reaction to the plunge of Hongkong shares. The SET Index loet 9 98 points to close at 554.90. Losers led gainers by 96 to 14 with Padaeng,
        Reuter  -  234 words
      • Article
        Lock icon Bombay: Stocks rally
        207 20 Reuter THE ONSET of monsoon rains in southern India drove Bombay shares up on heavy bargain-hunting yesterday after the market opened firm, brokers said. The monsoon plays a pivotal role in India's agri-culture-based economy and demand for industrial goods. "The arrival of monsoons on time has erased
        Reuter  -  207 words
      • Article
        Lock icon Seoul: Stocks plunge
        186 20 Reuter SEOUL STOCKS slumped across all sectors yesterday but brokers said the falls were not so much caused by the bloodshed in Beijing but by fears of tightening liquidity. The composite index shed 19.72 points, or 2.2 per cent, to close at 901.46. Turnover was very low
        Reuter  -  186 words
      • Article
        Lock icon Manila: Shares ease
        205 20 Reuter PHILIPPINE stocks slipped yesterday, buffeted by negative perceptions of the possible impact on the economy of an impending higher minimum wage and the growing political woes of China, brokers said. The Manila Stock Exchange Composite Index eased 9.11 points to close at 1,031.17. A total 2.3
        Reuter  -  205 words
      • Article
        Lock icon Taipei: Record fall
        428 20 AFP SHARE PRICES on the Taiwan stock market yesterday plummeted a record 455.44 points yesterdsy following the weekend's bloody crackdown on pro-democracy demonstrators in Beijing. The weighted price index closed at 9,120.54, down from Saturday's finish of 9,575.98. for the worst drop in 26 years of trading
        AFP  -  428 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon Poor sales may force US car makers to cut output
        686 21 Reuter SLUGGISH US car sales may forca manufacturers to reduce production schedules by August and adopt even more costly sales incentive programmes, say American analysts. They believe the broad incentive plans that were extended last week into the summer may
        Reuter  -  686 words
      • Article
        APPROVED ISSUES
        129 21 Company RIGHTS ISSUE Chuan Hup On*-for-N»o uns*cur*d Rooting rat« not** »Mion«T$l<it $1.05 p*f shor*. Ex-dot* Jun* 9 looks do**-. Jun* 21 londmarfc HWgs On*-for-on* at por Ex-dot*; May 10 Boob dot*; May 25 Acc*ptonc* foywont: July 4 MBf Finance Ow-for-two <3 $050 p*f shor* Ex-dot*: Jun* 9 Books
        129 words
      • Article
        PROPOSED ISSUES
        331 21 Company RIGHTS ISSUE Alcorn Propowd capital reduction iron M$81 56 to M$l6.3lm through a writedown of M|l por volu* to M$020. lollcrw*d by th* consolidation of liv* of th* 20-i*n ihor* into on* shar* of M$l eoch. tights ism* of thr*o-forono M$080. Ayor Hi torn Tin On*-for-on* Q
        331 words
      • Article
        Boeing stock price dips on negative report
        276 21 THE STOCK of Boeing Co was off more than one point after an analyst at Wertheim Schroeder issued a report saying the company will incur sizeable research and development costs on a planned new aircraft, traders and other analysts said. The Wertheim analyst
        276 words
      • Article, Illustration
        Lock icon Fear of Icahn bid may force USX to split company
        924 21 Steel division could be sold, say analysts NYT USX CORP is coming under i pressure to consider a restructuring that could split the giant steel and energy company, industry analysts say, because it might otherwise face A hostile takeover bid
        NYT  -  924 words
      • Article
        Lock icon NYSE's plans for basket trading challenge futures exchanges
        896 21 NYT PROGRAM TRADING has a bad name on the corner of Broad and Wall streets, where the New York Stock Exchange is situated. So who would have thought the exchange would come up with a product aimed at both making such trading
        NYT  -  896 words
      • Article
        Lock icon Analysts dismiss Nixdorf's profit forecast as impossible goal
        538 21 Reuter NIXDORF COMPUTER AG's hopes of a return to profit in the second half of this year have been dismissed as an impossible goal by stock analysts. "I don't see how they can do it unless there's magic involved," said Alexander Magona.
        Reuter  -  538 words
      • Article
        Selected indices
        106 21 HONGKONG Hongkong Index Monday 1.***** Friday 1.767 49 Week ogo 1.879 43 All Industrials Monday X512.0 Friday 2.488.2 Week ogo 2.5174 NEW YORK Hang Seng Index Monday 2.093.61 Friday 2,***** Week 090 2.***** Dow Jones Friday *517.83 Thursday 2.490.63 Week ago 2,***** TOKYO Nikkei Average Monday 33.***** Friday
        106 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        378 21 Reuter MILAN: Italian shares cloeed higher in lively trading yesterday, with demand particularly strong for the insurance and banking sector, dealers said. However, shares of Nuovo Banco Ambrosiano < and Banca Cattolica del Veneto remained suspended as the bourse regu- J latory commission Consob sought further details
        Reuter  -  378 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      90 17 CURRENCY INVESTMENT Wll Klt I XI'KI lIW TEL: 321 3333 This advertisement appears as a matter of record only. May 1989 ip OVERSEAS UNION BANK LIMITED (Incorporated in the Republic of Singapore) *****,000,000 5 per cent. Negotiable Certificates ot Deposit due 1994 with Warrants to subscribe for shares in Overseas
      90 words
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      88 21 If you feel exhausted, irritable and bewildered by the irrational behaviour of your child Times Publishing Group Written by two childcare experts. Mij Child W on 't Sleep and My Child How t Hot otter sensible and well-tested methods ot dealing with common problems ot eating, sleeping and behaviour. Each
      88 words
    • Advertisement
      Page 21 Advertisements Column 2
      99 21 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ABLTRA TRADING PTE. LTD. (In Members* Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will be held
      99 words
    • Advertisement
      Page 21 Advertisements Column 3
      97 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 And IN THE MATTER OF DF.VIN PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will be held on Wednesday
      97 words
    • Advertisement
      Page 21 Advertisements Column 4
      98 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LUCKY AQUARIUM PTE LTD. (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap. 50 that the Final Meeting of Members of the above-named Company will be held on
      98 words
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  • Article, Illustration
    Course structure of the two polys to be reviewed
    495 22  -  Working committee on third poly to be formed By ANNA TEO A FRESH LOOK at polytechnic education taking into account emerging industry needs will be taken alongside the study into the proposed third polytechnic. It will be an opportunity to review
    495 words
  • Article
    Growing demand for poly graduates
    211 22 WITH NINE in 10 bagging jobs within a month after graduation or national service, polytechnic graduates are much sought after. Two employers one representing multinationals and the other smaller companies were on hand yesterday to outline what lay in store for freshmen three years down
    211 words
  • Article
    Fears raised in HK of pressure to censor news on Beijing
    378 22  -  Jf The China question By FOO CHOY PENG Hongkong Correspondent A LEADING political commentator fears that the Hongkong media will soon be asked to exert self-censorship in their coverage of the political turmoil in Beijing. "I am expecting pressure
    378 words
  • Article
    Lock icon More troops called in, foreigners advised to leave
    622 22 Agencies THE CHINESE government poured more troops and armour into embattled Beijing yesterday as embassies evacuated foreign students and advised their nationals to leave China. Tensions rose with accounts of skirmishes between military units, widespread panic buying of food and petrol and
    Agencies  -  622 words
  • Article
    Lock icon US suspends arms sales amid worldwide outrage
    670 22 Agencies THE US has suspended all government sales and commercial exports of arms to China in protest against the massacre of unarmed Chinese protestors in Beijing. In a hastily called White House news conference yesterday, President George Bush said the US could not
    Agencies  -  670 words
  • Article
    Lock icon Uno to reform money politics
    357 22 Reuter JAPAN'S new Prime Minister Sosuke Uno yesterday promised drastic measures to clean up Japanese money politics but pledged to continue his predecessor's foreign and economic policies. Mr Uno, Japan s 18th postwar prime minister, succeeded his old ally Noboru Takeshita who resigned over links
    Reuter  -  357 words
  • Article
    Lock icon Japan's ruling party narrowly escapes defeat
    189 22 AFP THE RULING Japanese Liberal Democratic Party (LDP) suffered a setback over the weekend when its candidate narrowly escaped defeat in gubernatorial polls in an LDP bastion. The narrow victory in elections on Sunday signalled the apparent failure of new Prime Minister Sousuke Uno
    AFP  -  189 words
  • Article
    Lock icon KMT leaders endorse James Soong
    103 22 AFP LEADERS of Taiwan's ruling Kuomintang (KMT) party yesterday endorsed the appointment of James Soong, a close aid of late president Chiang Ching-kuo. as its new party secretary-general. The 673 delegates at the second plenary session of the KMT's 13th Congress clapped in approval after
    AFP  -  103 words
  • Article
    Lock icon Second Singapore, M'sia link plan
    170 22 Bernama JOHOR Mentri Besar Tan Sri Muhyiddin Yassin yesterday expressed surprise over a news report about the possible shelving of a second link between Singapore and Malaysia. He said the state government had not been informed about it. In fact, the federal government was asking
    Bernama  -  170 words
  • Article
    Lock icon Polls body setting guidelines for talks with parties
    133 22 Bernama MALAYSIA'S election commission is drawing up a set of guidelines for its proposed meetings with political parties, its secretary said in Kuala Lumpur yesterday. During the separate meetings, problems faced by the political parties would be discussed so that the next
    Bernama  -  133 words
  • Article
    Lock icon Asean consulting engineers link up
    212 22 Bernama CONSULTING engineering associations in Asean met in Kuala Lumpur yesterday to form a Federation of Asean Consulting Engineering Association (Face) to promote understanding, goodwill and co-operation among their members. Association of Consulting Engineers Malaysia (Acem) chairman Ghazali Mohamed said members of associations from Singapore.
    Bernama  -  212 words
  • Article
    Lock icon Suharto orders an end to public statements on succession issue
    364 22 AFP INDONESIAN President Suharto has ordered officials to refrain from making any further statements on the succession question because they were confusing to the public. An official report in Jakarta yesterday said, "Don't issue statements on subjects outside your concern,''
    AFP  -  364 words
  • LATE FILE
    • Article
      Lock icon Citibank cuts prime rate
      38 22 Reuter CITIBANK, the largest US banking group, yesterday cut its prime lending rate to 11 per cent from 11.5 per cent in a major move towards lower interest rates in the United States. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Asean, Canada MoU on Ku bands
      50 22 Oana-Tna ASEAN and Canada yesterday signed a memorandum of understanding in Bangkok for a joint study on the practical use of Ku frequency bands for satellite comunications in the Asean region. Canada will provide Msl.l million and technical expertise to Asean in the project.
      Oana-Tna  -  50 words
    • Article
      Lock icon KL court to hear libel suit
      52 22 Bernama THE Malaysian High Court will hear on Sep 12 an application by the New Straits Times Press (M) Bhd to be dropped as the first defendant in a libel suit filed by two former Umno members, Mohamed Zainal Abidin Abdul Mutalib and Azizi
      Bernama  -  52 words
    • Article
      Lock icon Talks to help protect copyrights
      39 22 Reuter JAPAN, the US, and the EC will hold talks in Tokyo this week to plan cooperative efforts to help developing nations protect intellectual property rights, a Japan Patent Office official said yesterday. Reuter
      Reuter  -  39 words
    • Article
      Lock icon Solidarity gains in elections
      39 22 AP UNOFFICIAL returns yesterday from Poland's first democratic elections since World War II indicated a strong Solidarity victory in the new Senate and possible rejection of top ruling party officials in the existing Parliament. AP
      AP  -  39 words
    • Article
      Lock icon Urals train crash claims 600 lives
      37 22 Reuter SOVIET leader Mikhail Gorbachev yesterday indicated in Soviet Parliament that more than 600 people had died in a gas explosion and train wreck in the Urals region on Sunday. Reuter
      Reuter  -  37 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
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      Page 22 Advertisements Column 2
      505 22 SERVICE MANAGEMENT making service your competitive weapon using the moments of truth... Singapore, July 17 18,1989 OBJECTIVES Everybody talks about service very few manage it. This workshop will introduce an exciting new way of thinking about service a dramatic reappraisal of what it means to make customer orientation the driving
      505 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Soviet oil rig on fire since May 26
        100 23 AFP AN OIL and gas rig blew up and has been on fire since May 26 in the Caspian Sea, the youth daily Komsomolskaya Pravda reported. The 24-men employed on the rig were all evacuated after the accident but fire-fighters have so
        AFP  -  100 words
      • Article
        Lock icon Yards to cooperate on building ships
        83 23 Reuter SHIPYARDS Blohm und Voss and Nordseewerke, subsidiaries of steel group Thyssen AG, and Howaldtswerke-Deutsche Werft AG (HDW) plan to cooperate on building warships for customers outside the European Community. The West German magazine Der Spiegel said the companies had signed a cooperation agreement.
        Reuter  -  83 words
      • Article
        Lock icon Increase in import boxes
        141 23 Lloyd's List THE number of containers imported into Japan during 1988 increased by 17.4 per cent to more than 2.6 million. The substantial increase in imported cargo has been revealed by the Japan Container Association, which published figures showing that imports into Japan increased by twice
        Lloyd's List  -  141 words
      • Article
        Four missing in Sea of Japan
        134 23 FOUR Japanese crew members aboard a small squid-fishing boat were reportedly missing after the boat and a 4,531-ton Soviet cargo vessel collided in the Sea of Japan, Japan's Coast Guard said. Katsuhiro Muto of the Japanese Maritime Safety Agency's regional head office in Niigata,
        134 words
    • Article
      Fighting documentary frauds with common sense
      446 23  -  By G DURAIRAJ DOCUMENTARY frauds can be prevented if greater care and common sense are taken to verify information where the slightest doubt exists about circumstances and terms under which the cargo is offered. The assistant director of the International Maritime Bureau (1MB), Peter
      446 words
    • Article
      Index to advertisers
      818 23 ABC Contoinerline XI s Accord Shpg VlH 3/4 Arrow Unas XI s ANl III 1/2 A PC line VH 5 API V 3-5 ASCI V 1 Au$trosio line VII 1 BoltConodo line IX 4/5 Bolt Orient lift* IX 4/5 Baltic Orient Shpg XI 4 Bangladesh Shpg VII
      818 words
    • Article
      Wah Kwong plans to move to Bermuda
      460 23  -  By VONNIE BISHOP HONGKONG'S third largest shipping company Wah Kwong is continuing profitably but the directors, anxious over the turmoil in China, are voting with their feet and planning to move their holding company to Bermuda. This is the first of Hongkong's major
      460 words
    • Article, Illustration
      NOL investing $24 million in new chassis and containers
      507 23  -  By LINDA CHEE NEPTUNE Orient Lines, which announced a record profit for 1968, is investing $24 million in new chassis and containers this year. The bulk, or $16 million, of the investment in infrastructure is for the purchase of 1,350 chassis
      507 words
    • Article, Illustration
      Lock icon Hapag-Lloyd's fortune shows no sign of faltering
      1103 24 Lloyd's List THE remarkable improvement in fortune engineered by West Germany's premier liner shipping company, Hapag-Lloyd, since the dark days of the early 1980s still shows no sign of faltering. Judged from recent performances and its plans to invest and reinvest over the
      Lloyd's List  -  1,103 words
    • Article
      ITM submits Flexiport proposal to PPA
      321 24  -  By AL O LABITA Writing for BT from Manila BRITISH company ITM Offshore has made overtures to the Philippines to sell a number of floating or portable general cargo "ports" a highly flexible facility widely used by British forces in the Falklands war against
      321 words
    • Article
      US court enjoins Stena, Tiphook tender offer for Sea Containers
      336 24 A UNITED STATES court has issued an order temporarily enjoining Stena and others acting in concert with it from taking any steps pursuant to the tender offer for shares of Sea Containers launched by Temple Holdings. Temple is Stena's newly
      336 words
    • Article
      Consortia
      163 24 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines
      163 words
    • Article
      Who acts for whom ...
      2317 24 Who acts for whom A B AB Shipping Boueteed Shpg Agenciea (3) ABBS Line SMS Pte Ltd (S)/Tuntt Setia (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenklel Liner Kim Shpg (S) Alfred C Toeptor Oceenue Shipping Agency (S)/Muitiport Sdn Bhd (PK)
      2,317 words
    • Article
      Lock icon Tanker rates
      307 24 AFP THERE was sufficient impetus over the past week on the tanker market to maintain, and in some instances improve, the previous week's rate levels, London brokers EA Gibson said in their latest report. Activity in May was stimulated by Opec members exceeding by about 2.5 million barrels
      AFP  -  307 words
    • Article
      Mitsui using Oakland as load centre for DST service
      365 25 MITSUI Lines is using the Port of Oakland as an export load centre for its new westbound double stack train (DST) service. Said Mr Masahito Hidaka, MOL's San Francis-co-based assistant vice president and regional manager,"Oakland as an export load centre is
      365 words
    • Article
      London Freights
      763 25 FREIGHT rates for key grain routes fell sharply on Friday amid a continued lack of interest from the Soviets and the Baltic Freight Index (BR) was marked down a record 103 points to 1,484. A fixture for heavy grain from the US Qulf to Japan at a sharply
      763 words
    • Article
      SHIPPING LIST where your ships are due...and whew
      5929 32 AARHUS Ma Ever Gleeful. Evergreen, June 6. Jur Heideierg Expreea. Triot, June Ser 7(PK). 22(1 Sriwijeye. Ojeaagetri. June 719. APi Kowloon Bay. Trlot. Juna 8. Lauat Maerak. Maerak Line, June 15 8. AQ Ming Comtort, Yang Ming, June SO 10. FW Ville
      5,929 words
    • Article
      SHIPS IN PORT
      1935 34 AT CONVENTIONAL WHARVES VMM< Voy No Berth Arrival Departure KEPPEL WHARVES Afril Gl ISC KI8 alongside 0506/ 1145 Botyunshon 2/89 K17 otongside 07 06/ 0600 Song Progoti V8SOW K32 olongsido 0506/ 1500 Dono Algo 1 KI9 otongsido 0606/0600 Equator Jo to lop. I4/89E <20 olongsido 0506/ 2159
      1,935 words
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      9 23 A lively AvaMabh at all good bookahopa Federal Publications
      9 words
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      Page 23 Advertisements Column 2
      17 23 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      17 words
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      Page 23 Advertisements Column 3
      264 23 "The Illustrated Encyclopedia of Wildlife" F ortmshtl\f at all good bookshops and news-stands. luuire is Vi 'I STP Distributors Full steam ahead THE remarkable improvement in fortune engineered by West Germany's premier liner shipping company, Hapag-Lloyd, since the dark days of the early 1980s still shows no sign of faltering.
      264 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      230 24 >)&"!&|&`[_.\:,^^%)]\/;/+|_!*{_ pt.Camarßamna MARKETING AGENCY CONSOLIDATION •IMVOCC. INT. FREIGHT FORWARDING SHIPS CHARTERING. OFFICIAL NOTIFICATION V 'P.T. CAMAR BARUNA, hereby wish to notify to all partners/agents/ business associates, that the following persons.: 1. MR. ALFANSURI 2. MR. SULAIMAN ISMAIL 3. MR. LAMHOT SIMAMORA 4. MR. RAKHMAT KARIM > 5. MR. PANCA SITORUS
      230 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      881 25 JAROINE SHIPPING AGENCIES JQO Oito~wM Road #12 OS Soum#o.nl S.»»apo.e WW ttl *****11 Till* NO »S 241 n jerminal/Cfs r«t uanti no BOOKINGS Tel 3JOBM 215 PCSAKA JMOtNC SNIPPINC AONCIO SM JMO. PORT NILANC 111 XMIII Ni MA*****/MABWI PENAM Til «***** Till* NO MA«7J CIS fll MSW PGUOANG Til M43U/1
      881 words
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      Page 25 Advertisements Column 2
      875 25 MAERSK LINE DESTINATIONS METTE M LARS M LAURA M REOINA M LEXA M MCKINNEY M LEOA M LICA M Th.» »»*> Mm M Cto*»ng Tim* CY 8/9 0400 MRS CFS 5/6 1800 MRS LARS M LAURA M REOINA M LEXA M *6 9* 15* IM 22* 23* 29* 304 9/7
      875 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      808 26 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP Lfc ERG EXPRESS 01/581 71* 9/6 27/6 29/6 1/7 2/7 IN BAY 91/541 8/6 3/7 2719 29/6 *0 EXPRESS 01/505 9/6 30/6 3/7 MARU 05/582 14/6 16/6 *7 *7 £7 9/7 *OSA 02/543 15/6 10/7
      808 words
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      Page 26 Advertisements Column 2
      458 26 COLUMBUS LINE REEOEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI-CONTAINER SERVICE TO NORTHBOUND TO UKC S PORE IVYBANK V24N 12/6 TAUSALA SAMOA V-15N 15/7 CLYDEBANK V26N 14/B 'AIM FCL to MwMlriMivF ROM/A DAM HBG HULL (U.K.) 11/7 15(7 U/7 11/1 16/1 2M 12/9 11/9 21/9 (ASIA-SOUTH PACIFIC JOINT SERVICE)
      458 words
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      Page 26 Advertisements Column 3
      800 26 REGULAR INDEPENDENT FULL CONTAINER SERVICE NORTH SEA 912-W NORASIA SINGA 8913 3 NORASIA AL MUNTAZAH 8914 3 NORASIA SUSAN 8915-3 (VIA feeoer) PKL 1* 22/6 T Anterp via Rotterdam Bremen via Hamburg TO MEDITERRANEAN/RED SEA PEN PKL SIN NORTH SEA 912W 14/1 IS* 16* NORASIA SINGA #913-3 21* 22* 23*
      800 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1311 27 Steamers Maritime Holdings Ltd W p Containers CONTAINER SERVICE TO UK/CONTINENT: STRAITS SHIPPING PEGASUS PROGRESS PEGASUS PIONEER BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 M I »f»*-fmi..i: ij >w.\ jti-iit'i Also Accepting Corgo For: Maafturt to CufnKayn, Aartwt. Sottoitouri. StocAMa. I ftrftortM to Mute. Otto. «a»to, lurkh t< all UK
      1,311 words
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      Page 27 Advertisements Column 2
      796 27 nun vtllP |t|F WEEKLY EXPRESS INDEPENDENT CHO TANU Lmt FAR EAST/EUROPE FUILT CONTAINERISED SERVICE Alto accepting for Inland UK destination* Antwerp and Scandinavian FMG V*. FLOTA MERCANTE GR ANCOLOMBIAN A S A (NATIONAL LINE OF COLUMBIA) HAN JIN LEHAVRE 001E QUEENSWAY BRIDGE OOBE CHOYANC PARK OOZE HANJIN OAKLAND 002E Ldg
      796 words
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      Page 27 Advertisements Column 3
      130 27 fT. PELAYAMN MUTIARA SAMUORA AGUNG MJP 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/DUMAI 3 vessels (weekly) to BATAM ft SUMATRA PORTS Also accepting cargo for ports in Jawa ft Kalimatan. We specialise in project ft heavylift cargo. Owners ft
      130 words
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      Page 27 Advertisements Column 4
      320 27 s£Hai Sun Hup Co (Pte) Ltd TEL 2?***** (20 Imti) TLX R*****1 R*****2 ft. KASTKRX CAR LINKR. LTD. STMITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! NOTt: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN I CHINESE PORTS. SUBJECT INDUCEMENT IML INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS 'Alto calls
      320 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      640 28 11l HSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN VICE IRAN BAYAN PJL7OO Singapore Laiding forIn Port BANDAR ABBAS SOUTH PACIFIC SERVICE MOTHER VSL KYOWA VIOLET V 26 KYOWA HIBISCUS V 37 LOAO FOR GUAM. SAIPAN. HRA. VILA. NMA. LTK, SVA. PAGO. APIA GUAM. SAIPAN. HRA.
      640 words
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      Page 28 Advertisements Column 2
      814 28 TO EUROPE VIA SUEZ HANJIN SHIPPING CO., LTD i A! NE R! KI > >FR\ I t 'I TO USA PACIFIC SOUTH WEST 4ANJIN ROTTERDAM 003W 10/6 :HOYANC CHANCE 042W 17-6 iANJIN MASAN ON* 24,6 4ANJIN LE HAVRE 002W 1/7 S'pori LtHavr* R'dam Mburj BiMM Fttowt 10/6 2*6 »/6 30/6
      814 words
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      Page 28 Advertisements Column 3
      188 28 INTEROCEAN LINE 79, 2nd Floor. Jalon 2/71. Tamon Tun Or ***** KL T#r 71M734. *****»4, ***** M TLX HO MA-37W3 FA*: 03-7173*11 300*27, 300*2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOUTHERN LM REGULAR L*E» SERVICES ;FO»*GHTL* SA«JNG) HONG KONG PC*" KELANG PENANG BANGKOK ALSO
      188 words
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      Page 28 Advertisements Column 4
      1144 28 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER CHUT EVER GOLDEN EVER GLOBE ever genius EVER GIANT U.SO ACCEPTINC CARGO TO MIOViDENCE unAIK SAVANNAH BOSTON PHILADELPHIA. NORFOLK. JACKSONVILLE WILMINGTON BERMUDA ETC ATLANTA. CHICAGO DETROIT COLUMBUS t OTHER HAJO* RNCJIOMIDCE DESTINATIONS 1) BALBOA LMKW. 4) MONTREAL TORONTO VIA I Round-The-World
      1,144 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      900 29 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES JAKARTA ACCEPTING MURUR AN/TOMAKOMAI/HIT AC HI CARGO VIA HKG H SURABAYA/SEMARANG VESSEL SEA HAWK SEA HAWK MAJAPAHIT SEA HAWK SEA HAWK VESSEL KOTA MELATI SEA PEARL KOTA MELATI SEA PEARL SEA PEARL SIN SBY SRG
      900 words
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      Page 29 Advertisements Column 2
      503 29 »rm BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO Hoido4kor| (tprtti IH Koortoon Bay M HirtM lifrru H AljiU lln 1W Mont* Rom 1M Urp Bi, Hjt Cit* ot EMnr|li tiH Lonton Eiprni 2M KjMfi i n* Bom Eiprtaa ifl Cardigan Bay W sml P KLANG UK/CONTINENT B'HAVfN ROAM NAV«( WWW
      503 words
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      Page 29 Advertisements Column 3
      296 29 if lY DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD F T 6ESURI LLOYD P.T. SAMUD€RA MDOKESIA P.T. TDHCOM LLOYD "express semi containership services VSL/VOY STORE ANTWERP H'BbRG R DAM'AD AM BREMEN SRIWIJAYA/2SWB 7- 9/t (CONVENTIONAL FULLY BOOKED) (CONTAINERISED CARGO ACCEPTABLE) S. PANJANG/22 WB 14-17/B 13/7 (ACCEPTING CONVENTIONAL AND
      296 words
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      Page 29 Advertisements Column 4
      380 29 BOUSTEAD SHIPPING AGENCIES LOIKAW VMM HTONEYWA V24JW PA-AN VI39W SITTKKAY V4OM MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangfc»K THE BANK UNE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE RDAM HM6G HULL IVY BANK V24N 15/S 14/7 l«/ 7 21/7 TAUSALA SAMOA VISN 15/7 11/8
      380 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1038 30 K LINE KAWASAKI KISLN KAISHA. LI D. —r \v N. AMERICA-ATLANTIC COAST OOCI FAITH OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE VIA FEEOCR i OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE •PK/PNG SGP VOY 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
      1,038 words
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      Page 30 Advertisements Column 2
      683 30 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Sirfapora P Arianf P«nan( Laadinf tor MoNw tH B r Foodor By FhOv LIDAS V.43 2My »Mw Xlm trmMblSyHiuM* LSIDAS V.tf 25 My I) My 19 July FroMHb/Sy<*/A<tol LI OAS IM. n Auf 16 Auj 16 Auf Frem*MD£y«VA<M LSIDAS V.« 3 H Set*
      683 words
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      Page 30 Advertisements Column 3
      368 30 STRAITS/PERSIAN GULF SERVICE QM.KN HMVtST Catamta* lUradM/tM». OOLOCN «ONO€R CriOTte/KjndM/tWw CHINA StRVICt OAI TUN SHAW Fuitau'Sti*noMi OJSHAN Man GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a. Ttfot Ayr- Stmt SINGAPORE 0104 Til SMMO (10 UNCS) Fm U4JSO4 IULF SERVICE: S*por» P Kriang Pew* S'pofe P I ta R wa jum
      368 words
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      Page 30 Advertisements Column 4
      420 30 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD =07.12 AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 EAfT/rm EAST PCI ft LCI SHTWCf ETA SINGAPORE [DESTINATION DUBAI. DAMMAN. KUWAIT, DONA. MUSCAT. BAHRAIN ABU DHABI SHARJAH JEDOAH (LCL) WEEKLY AQABA. HOOCIDAH 1 NEW GENLORD EAST/WEST AFRICA/MO. FCL
      420 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1288 31 Agents S pore NEPTUNE AGENCES PTE. LTD. General Booking Bookxifs Inward/ Termtna Eimumws FE EU/AUST TPA/SEA Outward *****22 jrmv *****3 27*57*2 27J7544 *****19 *****16 *****11 *****48 (CR NO. **********0E) Inward/ Terminal CFS Outward *****22 *****53 NEPTUNE ORIENT LINES LTD KPIKSONMI P Ketang K Lumpur Penaflf J Bahru XXmi *****33 *****5
      1,288 words
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      Page 31 Advertisements Column 2
      734 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 ***** PfMANC KEIANG MISSUS MAI THONG SNIPPING 127 PWIM Stmt. Pening. **»*>» ""S MAN CM. INC SYSTEM CO
      734 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      345 32 r SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 22b 6868 (34 Imes) FAX *****39/*****76 HUX RS ***** A B SSCMA RS ***** A/B SSCAO DSR-LINES i VEB DEUTFRACHTSEEREEDEREI ROSTOCK 41 INTEGRATED CONTAINER SERVICE Member of eacon service TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND •ICA ANT E3EE3 WtLHELM PIECK 6 8S
      345 words
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      Page 32 Advertisements Column 2
      116 32 w T.S.K. LIME MEKLY CONTAINERIStO SERVICE WITH fl* C 0* y APR WAw EXPORTS TO TAIWAN JAPAN CONTINENT V 22 KABUKI VH HERMES ACE V 22 HAKUSAN II V 7 CONTINENT V 23 KABUKI V 23 I ESI 131 l!H UC9IE9 91E2H Bfl loiQiiggQmgmgQiiQim IMPORTS FROM JAPAN ft TAIWAN [£2EBHiC2B£3LZ3C2iCZSdEiaEBCn
      116 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      156 32 Regional Weather t Ay m m ft k' VA 'MZ» X «w w J m x. r A SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7.30 A-M. Juiw 1.1M9 ur« X\ her W.od dvection with speed ci knots Wove he«ght LiGCNO RTemperoture V Thunderstorm Weother W«h) dvection wtth speed <o knots
      156 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      344 33 IUHIiO, I ucaun;) u u»»v »t UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 0 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE IBN ALROOMI ETA S PORE LOADING FOR 13/6 Iraq/Japan THROUGH B/l* to BAGHDAD REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA I. BAGHDAD
      344 words
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      Page 33 Advertisements Column 2
      299 33 RICHFIELD MARINE AGENCIES |S| PTE LTD TEt *****33 (10 Lines) FA* 2 *****S IELEX HS 3SSS3 HI'jHIP (3 Imps) 3 w KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO SOUTH AFRICA DURBAN/JOHANNESBURG Vesse Spore Durban Johannesbu PIETERSGRACHT V-T9IS 7/7 23/7 26/7 POOL GRACHT V-P9IS 23/7 8/8 U/8 DILIGENCE CONTAINER
      299 words
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      Page 33 Advertisements Column 3
      938 33 SIGMA EXPRESS (S) PTE LTD TEL. *****44 FAX *****75 ACCEPTING CARGOES FOR: BANGKOK 13/6 BUSAN 7/6 BOMBAY 8/6 COLOMBO 8/6 CHITTAGONG 16/6 HONGKONG 8/6 CALCUTTA 16/6 MUARA/LABUAN/KK 8/6 KUCHING/SIBU 6/6 TOKYO/YOKO/KOBE 6/6 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 CARGO
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      Page 33 Advertisements Column 4
      158 33 BALTIC ORIENT SHIPPING PTE ITD. bay of bengal service TIGER BAY 7/6 W LEUVE 9105 7/1 ll^ M BARDESKIY 07CE19 13/6 l«/ 6 A. GONCHAROV 1051H 11/t SUSAK ON 11/6 2S/6 LEUVE 9106 21/1 26/6 TIGER BAY TIN 29/6 6/7 CM. 6/6 17/6 19/6 CONTACT PERSONS :MR ROBERT OH/ HENRY/
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      Page 33 Advertisements Column 5
      73 33 DESTINATION ETA SINGAPORE 7TT7T POUT KELANG (FCL ONLY) ABC CONTAINERIZE N.V. WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ANTWERPEN 226 ETA 22/6/89 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 15 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN V*l C. VtROCHE ANTWERPEN TNT EXPRESS E
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      174 34 KAMPUCHEA SERVICE Vnnl Voy ETA ANABAS V8905N In Pt TZU HANG VS9O7N 10/6 Destn Kampongsom Phnom Penh TEL *****07 TLX: ***** FAX *****76 S ROCO CARRIERS k NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and reefer), LCL and breakbulk cargo tor both north ind southbound. Heavylift
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      Page 34 Advertisements Column 2
      33 34 Vol SUN UNION LINE n REGULAR SERVICE TO KARACHI S PORE LOADING FOR OCEAN HAWK Vll6 22/6 KARACHI Ao.ntm SMIBUSAWA MCISHIN M.T.V. TRANSPORTATION CO (PTE) LTD T#|: *****22 Til: RS 21«11 Fax *****24
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      Page 34 Advertisements Column 3
      611 34 bin JE CONTAINER LINE V n TEL: *****59 FAX *****63 EUROPE/ UK NOW LOADING JAPAN NEW ZEALAND JE CNTR LINE (P KEIANG) TEL (03) 367 1200 1 JE CNTR LINE (PENANG) TEL (04) *****6 svsfe SWISS SHIPPING PTE LTD S3 Telok Blannah Road #03 07. Telok Hlangah House Singapore 0409
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      Page 34 Advertisements Column 4
      426 34 y:i Mitsui O.SK. Lines. Li d CONNECTING AT TO EXPORTS TO PSW DOUBLE STACK TRAINS ETA aa HTTTTBPiH *****333 ra FJEMMOBiMiri^IMEiB i .■l'*.-- LjJ|L!JIEM F:, F^ n hi iTii FTPiiraiiatlLlLl > 'Hsu oßJiaLjCjLJiJisi EXPORTS TO OTHER USA/CANAOA CONNECTING AT TO PNW CANAOA EAST COAST I ALL WATERI OUR NEW USA
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