The Business Times, 7 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 WEDNESDAY, JUNE 7, 1989 75 CKNT?
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    245 1 Dow Jones up THE US stock market moved higher in early trading yesterday after a sharp decline on Monday. The Dow Jones average of 30 industrial stocks was up 9 93 to 2,490 63 at 1430 GMT, after one hour of trading. AP Footsie unchanged LONDON share
    245 words
  • Article, Illustration
    Rally in Hongkong bucks regional trend
    331 1 Beijing moves closer to civil war Students, tourists and businessmen flee city Markets erratic Bank of China depositors withdraw $63m EVENTS IN CHINA continued to overhang most Asian stock markets. Rumours about deaths of some top Chinese leaders exacerbated the situation. The focus again
    331 words
  • Article
    US$ firms against major currencies
    125 1 THE US DOLLAR, bolstered by the political turmoil in China, yesterday closed higher against major currencies except the yen in the Asian currency markets. In Tokyo, the dollar closed at 142.63 yen and 1.9823 German marks against Monday's New York finish of 142.80 yen and
    125 words
  • Article
    Leave now, question Singaporeans urged
    670 1  -  jLSJIhe China question Reported by Magdalene Ng, Suzanne Soh, Jocelyn Toh, Sangeeta Mulchand WITH CHINA in danger of succumbing to civil war, the Singapore government has advised Singaporeans in Beijing to leave as soon as they can. There are an estimated 800 Singaporeans living in
    670 words
  • Article, Illustration
    Lock icon Troops loyal to Zhao moving into Beijing to dislodge government-controlled army
    349 1 Agencies BEIJING yesterday appeared to be edging ominously closer to civil war as reports spoke of the 38th army, which had close ties with Communist Party chief and reformer Zhao Zhiyang, moving into the city to dislodge the 27th
    Agencies; Picture by YAP YEW PIANG  -  349 words
  • Article
    Thousands withdraw deposits from BOC
    453 1  -  DEPOSITORS TAKE OUT $63 MILLION By LEE HAN SHIH, HONG LEE TIAM SINGAPORE saw its first run on a financial institution in four years yesterday when thousands queued up at Bank of China (BOC) branches to withdraw their deposits. Long lines began to form early
    453 words
  • Article
    S'pore firms in line for US$335m Pakistan projects
    590 1  -  By SHOEB KAGDA SINGAPORE companies have emerged as strong contenders for a major portion of two construction projects worth more than US$335 million in Pakistan. The projects to build two power stations in the province of Sind and 20,000 low-cost houses in
    590 words
  • Article
    Lock icon Tokyo firm makes CFC claim
    81 1 Reuter A JAPANESE chemical maker says it has developed a process that will break up chloroftuorocarbon (CFC) gas into harmless components. CFCs are partly blamed for destroying the earth's ozone layer. The company, Tosoh Corp, said in Tokyo that it and Japan's Ministry of International
    Reuter  -  81 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      112 1 !:_}>%|>!|@(=>-_}==.(>[{@%`\)$+ IBS Share Margin Financing Scheme The key to increasing your investment potential. Increase your investing power with IBS. High Margin Financing. For every dollar's worth of col'ateral pledged, you can purchase up to $2.50 worth of shares. Wide Selection of Stocks. You can trade on a wide selection of
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      Page 1 Advertisements Column 2
      250 1 BACK PAGE Businessmen call lor harsher trade sanctions 2nd corporate casualty Mrs T urged to call for direct elections In HK PAQE 7: Foreign bankers put new credits on hold PAGE 9: The battered investment climate Full report, PAGE 16 Regional Mkts, PAGE 18 World Mkts, PAGE 19 Editorial Comment:
      250 words
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      Page 1 Advertisements Column 3
      152 1 f\ 0£ budJU+M nheimain SINCE 1888 Made in WEST GERMANY From the start, you would be surprised by the quiet elegance. And he impressed by the attentive, discreet serWHAT E LEAST 15: kIN ;ieai < ce. Perfect when you're trying to clinch mportant deal over lunch. Then you '11 delight
      152 words
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  • HOME NEWS
    • Article, Illustration
      Yamaha's labour-intensive work may move to Johor
      413 2  -  SPORTS RACKET MAKER FACING RECRUITMENT PROBLEMS By GENEVIEVE CUA THE TIGHT labour market ia prompting Singapora'a sole sports racket manufacturer to consider relocating ita more la-bour-intensive operationa across the Causeway. Yamaha Manufacturing, which produces tennis and badminton rackets under the Yamaha brand, needs
      413 words
    • Article
      Offences on MRT premises
      137 2 WITH A WEEK to go before tougher action is enforced against smoking and eating in MRT stations, the Singapore MRT has released figures showing a marked increase in the number of offenders. Figures compiled over two weeks in January and May show that the number of
      137 words
    • Article
      Instant noodle maker invests $6m to produce powdered soya sauce
      189 2 JAPANESE instant noodle maker Nissin Foods recently invested $6 million in a Senoko plant and other equipment for the manufacture of 100 tonnes of powdered soya sauce monthly. The plant, the first on such a commercial scale in South-east Asia,
      189 words
    • Article
      Law requiring reservists to serve longer takes effect
      160 2 UNDER a new law gazetted last Saturday, reservists may be required to serve more than 40 days in a year. The new law takes immediate effect. In the past, the maximum limit was 40 days. According to the Enlistment Act, the prescribed
      160 words
    • Article, Illustration
      EDB names Tan Chin Nam as managing director
      204 2 THE ECONOMIC Development Board's (EDB) general manager, Tan Chin Nam, has been made its managing director. An EDB statement yesterday said the change in title, which took effect last Thursday, was to reflect the level of responsibility of Mr Tan's job. The
      204 words
    • Article, Illustration
      Penang wooing investors from Singapore
      582 2  -  By ANNA TEO MORE Singapore buslneaaes could be expected to head the way of Penang, going by the push and promotion for greater economic ties between the two islands. An "invest-in-Penang" message has come not only from visiting Penang Chief Minister Or Lim Chong Eu,
      582 words
    • Article
      Packaging industry turns out $1 b output
      274 2 THE PACKAGING and packag-ing-related induatries chalked up an output of about $1 billion last year, said Eddie Chng, chairman of the Packaging Council of Singapore. Production and sales of materials, machines used in packaging, back-up services and designing work contributed to the figure,
      274 words
    • Article
      Third poly could be ready in three years
      212 3 THE PROPOSED third polytechnic could be ready in three years' time, and is likely to be located in the eastern part of Singapore, away from the other two. This was disclosed by the Senior Minister of State for Education, Or Tay Eng
      212 words
    • Article
      MEMO-PAD
      287 3 Seminars and courses Jon 9 Effective Corporate le Meridien Hotel Datasearch Resources *****31 Financial Controls *****33 Jun 15-16 Finance For Non-Financial Hilton Hotel Avant-Garde Managers Training Associates *****66 Jon 14-16 Situational leadership SIM Management House Singapore Institute of Management Jon 17 The Psychological Winning Edge in Stock Market Investment
      287 words
    • Article
      Qualms about new charge system
      470 3  -  Building industry points out problems By LILIAN ANG DEVELOPERS, valuers and other professionals in the building industry. who responded positively to the new development charge system when it was first outlined, are now having second thoughts about its merits. The new system, to be implemented
      470 words
    • Article, Illustration
      Three Sentosa sites awarded for tourism projects
      538 3  -  b y Lilian Ang THREE out of nine land parcels, which will cost over $100 million to develop, have been awarded in Sentosa's third sale of sites. The three sites earmarked for a cultural entertainment centre, a river boat restaurant and a resort
      538 words
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      Page 2 Advertisements Column 1
      400 2 HncV HuntswiHe ALASKA Anchorage Fairbanks Homer Kenai Soldotna ARIZONA d Modesto Monterey n BaWersfield Burbank Chico Crescent City Eureka Fresno Long Beach Los Angeles Merced d ann Orange County Qxnard Palm Springs Redding Sacramento San Diego San Francisco •an Q ran( j Junction antn Maria Santa Rosa Stockton COLORADO Aspen/Snowmass
      400 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      35 3 lien you're about to embark on a quest for knowledge, start off witb just a small volume. ,L f HI I ken <! I»< ¥a Heineke '</M 53" Ti Heineken 'i-ES ujs* Io>} S "ton \I-L
      35 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon 'Asean needs ideological Compatibility, pragmatism'
      377 4 SEMINAR ON THE POLITICAL ROLE OF ASEAN IN ASIA-PACIFIC Bernama must use the tests of rtfeological compatibility and ••pragmatism to accelerate development and achieve sustained growth, former Indonesian Foreign Minister Mochtar Kusumaatmadja said. Speaking at a seminar in Ja--4& rta on the P ol 't'
      Bernama  -  377 words
    • Article
      Lock icon Sony names two on-Japanese as directors of its main board
      309 4 FT SONY, the Japanese electronics company, has decided to appoint two non-Japanese nationals to its main board of directors in Tokyo. They are Jakob Schmuckli, president of Sony Europa, and Michael Schulhof, vice-chairman of Sony's US operations. This is believed
      FT  -  309 words
    • Article
      Lock icon Uno warns of hardship over trade problems with US
      519 4 UPI NEW JAPANESE Prime Minister Sousuke Uno told parliament on Monday that trade problems with the United States are "becoming more serious every day" and warned the nation to prepare for "some pain and hardship" in rectifying economic practices viewed as
      UPI  -  519 words
    • Article
      Lock icon Fuji, Sony intensify rivalry with new video cameras
      238 4 UPI TWO RIVAL video camera manufacturers will market ultra compact and light weight 8 mm video camera recorders later this month, intensifying competition on Japan's diversifying video market. Fuji Photo Film Co, Japan's top maker of photosensitive materials, said yesterday it will
      UPI  -  238 words
    • Article
      Lock icon Imported car sales in Japan up by 36pc
      134 4 UPI PACED by brisk demand for large-sized cars, imported car sales in Japan in May soared 35.8 per cent over a year ago to a record 13,446 units, marking the 65th straight year-on-year rise, the Japan Automobile Importers Association announced yesterday. The
      UPI  -  134 words
    • Article
      Lock icon Iran faces tough task of healing economy
      419 4 FT AFTER the burial of Ayatollah Ruhollah Khomeini, Iran's ruling clergymen will have to face the formidable challenge of an unproductive economy dominated by inflation, corruption and a huge black market. Iran, reluctant since the revolution to borrow from abroad, has emerged essentially
      FT  -  419 words
    • Article
      Lock icon Hanoi calls for new regional body to include Asean
      348 4 AFP VIETNAM renewed its request on Monday to join Asean and called for the setting up of a new organisation to include Asean. the three Indochinese nations and Burma. "It is time to remove step by step the barriers" between the
      AFP  -  348 words
    • Article
      Lock icon Manila risks slower growth, higher inflation: economists
      403 4 AFP THE PHILIPPINES faces slower economic growth and double-digit inflation this year due to wage increases and pressures from international economic trends, government economists and business leaders say. Congress, under threat of a general strike, passed a bill last week raising daily wages
      AFP  -  403 words
    • Article
      Lock icon Washington considering sale of 60 F-16 jets to Pakistan
      106 4 Reuter THE US is considering selling 60 F-16 jet fighters to Pakistan and an announcement is expected in the next few days. A US official said on Monday that the Bush administration had been informally sounding out members of Congress on
      Reuter  -  106 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1032 4 ARRIVALS Operator Service Local From number time SIA soon 0040 LAX/NRT UAL UA805 0055 SFO/HKG MAS MH601 0120 KUL SIA SQ802 0420 AKL/SYD SIA SQ40I 0555 CMB SWAZI AIR CW707 0625 MTS/MRU CAl 0711 0715 TPE SIA S0031 0755 CDG/ROM MAS MH640 0820 KUL KAl KE624 0840
      1,032 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      184 4 Make this the business move for you m. Effective communication is the key to business success. Our courses are specially designed to help managers and professionals develop their communication skills. Let our specialists at the Business Communication Unit give you that competitive edge. A: Report Writing for Management A workshop
      184 words
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      Page 4 Advertisements Column 2
      187 4 The business person's choice every Tuesday, Thursday Saturday and Sunday Leaving Changi Airport at 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Ctll hkir Traxel Agent or Air Canada Jt 7)*****. .4 BREATH OF FRESH A IR JW]' *«AC AVANT-GARDE Training Associates 111 North Bridge
      187 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      157 4 ir; Singapore 30/22 24/15 19/06 29/24 16/04 21/17 16/08 22/11 14/02 34/19 26/07 10/05 28/19 25/09 15/12 31/23 15/08 14/05 17/05 31/24 22/13 14/01 30/25 31/24 40/23 26/16 33/24 30/18 12/07 25/15 33/24 19/14 22/16 15/08 20/16 19/07 35/25 Cloudy Clear Cleor Clear Cloudy Roin Cloudy Cleor Roln Cloudy Cloudy
      157 words
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  • REST OF THE WORLD
    • Article
      Lock icon Solidarity may be invited to join 'grand coalition'
      403 5 AP THE Communist Party is hinting at a "grand coalition" with Solidarity after the union's stunning election success opening the possibility for unprecedented power-sharing within the Soviet bloc. Jubilant union supporters celebrated with Russian champagne on Monday night at their Warsaw campaign
      AP  -  403 words
    • Article
      Lock icon Italian telecoms equipment maker teams up with AT&T
      222 5 AP ITALIAN telecommunications equipment maker Italtel signed a major agreement on Monday with American Telephone and Telegraph Co for a partnership in manufacturing and sales of equipment. Under the accord, AT&T will acquire 20 p4r cent of Italtel. In exchange, Italtel's parent,
      AP  -  222 words
    • Article
      Lock icon 'Superconductors will have little impact'
      176 5 FT ALAN SCHRIESHEIM, chief executive officer of Argonne National Laboratory, which is currently carrying out the largest US publicly funded research programme on higher temperature superconductors, believes that these materials will have no real impact on industry "for years". In his speech to the American
      FT  -  176 words
    • Article
      Lock icon Guarded optimism about Europe 1992
      538 5 European industrialists predict many mid-sized lirms will suffer UPI EUROPEAN financial leaders on Monday expressed guarded optimism on the 12-nation European Community's unified market starting in 1992. and two captains of industry predicted many European firms will suffer. Only one-third of the EC firms will
      UPI  -  538 words
    • Article
      Lock icon Lawson likely to defend his handling of economy today
      201 5 Reuter CHANCELLOR Nigel Lawson is likely to have to defend his handling of the British economy today in a parliamentary debate, opposition Labour Party sources said. Labour can choose the topic for an opposition day debate to be held today starting
      Reuter  -  201 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      154 5 i\ n *J lCDlli <-st r-" gsfc, y~?.JT '7'- v V Va 4 For two glorious months, June and July, Amara Hotel goes Country Western. What's more, there will be attractive prizes to be won. Grand Lucky Draw Ist Prize. SINGLE RETURN AIR TICKET TO USA Weekly Draw Every Friday
      154 words
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      Page 5 Advertisements Column 2
      390 5 If you really know cars, read 0n... If you arc a true connoisseur of cars, then you should read on. Because you'd already know a fair bit about aerodynamics, automotive engineering, and how Audi cars have been ingenuously engineered- to suit a thinking man like you. You know, too, that
      390 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      65 5 Doonesbury MORE REACTION TOTte ANPY HMCLDIAReS llT^i m im n r* Decdumunno palladium, (CA8,*3.50, nf>*.K»WHO&IMET UXPZONKER, WHO tStfT FAMOUS SOIP/PNT TALK TO HIM, BUT THEN SOME-% ONE SAIPHBMA6, so i pip." ft >% '-rzgmi m BY GARRY TRUDEAU. *UZASAt? THAT 2ONKOI HAD JJST 6IVEN HER SOME QUAALUPeS,ANP GNEN ANJBUCA FOUR
      65 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1768 6 SINGAPORE: THE US dollar closed higher yesterday against major currencies, after fluctuating within narrow ranges in quiet trading for most of the day, dealers said. They attributed the dollar's late rise here to its firmness in early European exchanges. It closed at 142.85/95 yen against New York's 142.80/85
      1,768 words
    • Article
      Lock icon Simex
      492 6 BA Futures SEPTEMBER Eurodollar futures opened 4 ticks lower yesterday than previous Simex close at 91.23 on prof-it-taking following Monday's rally. Prices dipped to low at 91.22 but edged higher to 91.27 as the US treasury bond firmed. The September contract finally managed to settled 4 ticks lower at
      BA Futures  -  492 words
    • Article
      Asian dollar market
      287 6 ASIAN dollar deposit rates closed little changed yesterday, only slightly lower than opening levels, dealers said. Short-dates and term rates eased between 1/16 to 1/8 point at the outset due to a slight fall in the US Fed funds rate, a cut in prime lending rates at
      287 words
    • Article, Illustration
      World interest rates
      201 6 Indicate* Hm W—p ol ttM prima landing ralaa oI 12 ma|cr banks In S'pora Interbank market rates (offer/bid) on June 6 us$ DM SWFC Y«n 1 <*«r> 9 3/4 J/3 13 3/3 13 1/4 1 l/l* 9/1* 7 1/1* 13/1* 3 1/3 3 1 9 3/3 9
      201 words
    • Article
      Options
      1349 6 CURRENCY FUTURES OPTIONS Tuosday, Juno 6, 1989 DEUTS CHE MARK (SMAEX) Mm 88 caMa Mm m py* M0I lM M Laai Baa SI 78 52 166 S3 263 S4 CAB 365 ss CA8 56 CAB top 88 CM* High LOT Ml High M pu*i Law Ml 52 207 S3
      1,349 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      109 6 Banque Asia'B9 sth Asian trade exhibition on 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 products
      109 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Leading US banks cut prime rate by half point to 11pc
      365 7 NYT IN A MOVE that reflected the general decline in interest rates, leading banks in the US on Monday lowered their prime lending rate by half a percentage point to 11 per cent. The move, which was led by
      NYT  -  365 words
    • Article
      Lock icon Foreign bankers put new credits on hold as Beijing bond issues fall
      461 7 FT PRICES of China's bond issues around the world dropped on Monday in reaction to the weekend developments in Beijing, and international bankers said new credits for the country would be placed in temporary abeyance. But the longer-term
      FT  -  461 words
    • Article
      Lock icon IMM
      288 7 Roeuter MOST IMM currency futures slid to sizable daily losses on Monday after a constant but gradual erosion in thin and choppy trading. Buying of dollars linked to unrest in China and the death of Iran's Ayatollah Khomeini overshadowed a round of half-point prime rate cuts by major US
      Roeuter  -  288 words
    • Article
      Money markets
      59 7 THE OVERNIGHT RATE rose by 1/8 point to 5 1/2 per cent on the Singapore money market yesterday. Short-term rates remained unchanged across the board. S$ Interbank rates at the dose yesterday: OHW Our. rigKt S 1/2 S 3/t 1 S 3/8 S 1/4 3-mon* S 3/t S
      59 words
    • Article
      Government Securities Market
      110 7 Treasury bills Day's Period Issue Yesterday's dosing code Maturity BID OFFER HIGH LOW 3 months BQ*****F 31.08.89 4.00 3.95 4.01 3.95 6 mocrttw BY*****H 23.11.89 4.03 3.98 1 year BY*****F 24.05.90 4.34 4.29 4.32 4.32 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      110 words
    • Article
      People's Insurance launches new travel policy
      293 7 By QUAK HIANG WHAI PEOPLE'S Insurance has launched a new travel insurance policy for Singapore travellers going abroad. In a statement yesterday, it said the policy was launched to tap the "huge potential" among Singaporean travellers of whom four out of five who go
      293 words
    • Article
      NCB chairman emphasises impact of IT on services
      457 7  -  Main areas of transformation highlighted By DEXTER LEE RAPIO STRIDES in information technology (IT) is one of three dominant forces reshaping the financial services industry in Singapore and elsewhere, Mr Tan Chin Nam, chairman of the National Computer Board, said yesterday. The
      457 words
    • Article, Illustration
      Rothschild sets up representative office here
      423 7  -  EXPANSION OF PRIVATE BANKING SERVICES IN REGION by DEXTER LEE ZURICH-BASED Rothschild Bank AG has expanded its marketing servicee in the Asia-Pacific with the establishment of a representative office in Singapore to complement its Hongkong office. Mr Patrick Teo, managing director of merchant bank
      423 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      245 7 THE MONETARY AUTHORITY OF SINGAPORE SINGAPORE GOVERNMENT OFFERING OF TAXABLE BOOK-ENTRY BONDS TO THE PUBLIC AMOUNT OFFERED SGD 600 MIO ISSUE CODE N*****0Z ISSUE DATE 23 JUNE 1989 MATURITY DATE 15 JUNE 1994 INTEREST RATE TO BE DETERMINED BASED ON THE AVERAGE YIELD OF SUCCESSFUL APPLICATIONS PRICE TO BE DETERMINED
      245 words
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      Page 7 Advertisements Column 2
      388 7 0 Tired of DOS? Come to Mac World Expo Asia '89 and Win a Macintosh! Fabulously successful and popular in the USA, Europe and Australia, a Mac World F.xpo is a show for everything that runs on. is run by, or helps you get more out ot an Apple Macintosh
      388 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Opec ministers pressuring Kuwait on new quota demands
      508 8 REQUEST FOR ONE-THIRD RISE THREATENS OPEC ACCORD Reuter OPEC MINISTERS piled pressure on Kuwait yesterday after the wealthy Gulf state s ambitions to sell more oil threatened a cartel bid to boost world prices. Several of the 13-nation group's oil ministers asked
      Reuter  -  508 words
    • Article
      Lock icon Estonian team in Malaysia to promote trade ties
      203 8 Bernama THE SOVIET Republic of Estonia has expressed interest in importing Malaysian primary products, including palm oil, natural rubber and timber, Foreign Minister Oatuk Abu Hassan Omar said on Monday. "There are good prospects for Malaysia and Estonia to establish sound trade
      Bernama  -  203 words
    • Article
      Soybean
      196 8 SOYBEAN futures closed mixed with old-crop July lower, and new crop contracts higher. Most of the price action was tied to traders unwinding spreads, which on Monday included selling old-crop contracts and buying the new-crop, traders said. July soybeans closed down one cent per bushel at US$7.O5-1/2 and newcrop
      196 words
    • Article
      Palm Oil
      446 8 MALAYSIAN CRUDE PALM OIL prices extended their losses at the close yesterday on further selling and buyers' reserve, in sympathy with weaker palm oil futures as concern about palm oil exports and shipments to China due to the unrest in the country continued to undermine sentiment, dealers said.
      446 words
    • Article
      Lock icon Oil prices rose sharply prior to Opec meeting
      172 8 UPI OIL PRICES jumped on Monday in a nervous market driven by the uncertainties of the Opec meeting of oil ministers and other world events. On the New York Mercantile Exchange, where refined products' prices react more quickly, unleaded petrol gained 0.95
      UPI  -  172 words
    • Article
      Lock icon Crude Oil and Products
      150 8 Telerate FUEL OIL prices continued to firm in the Singapore market in quiet trade. There were some buying interests for Jul CST-180 at $98-99 mt fob Sing. June CST-180 sellers were around $101 mt fob Sing whilst bunker was talked at $102 mt Exwharf. A major
      Telerate  -  150 words
    • Article
      London Markets
      265 8 London Commodity Exchange Buyer/Seller dosing prices on Jun 5 (£/tonn« unless specified). Previous closing prices in parenthesis. Coffee Basis in-stor* London, sellers option CIF London Jul 1195/1200 (1195/1200) High/Low 1215/1195 S*p 1173/1175 (1195/1200) High/Low 1180/1164 Safes (2647) Cocoa Jul 787/788 (773/774) High/Low 792/772 S*p 801/802 (801/802) High/Low 808/785
      265 words
    • Article
      Rubber
      349 8 SINGAPORE: Rubber prices closed easier yesterday with July 1 RSS quoted at 176.50 cents a kg, down 5.50 cents from Mondays close. Dealers said prices drifted lower in the afternoon on some liquidation following falls in Japanese markets. Trading was moderate. On the TSR-20 Award market, prices were also
      349 words
    • Article
      RAS and MRELB
      261 8 RAS prices in 3 cmms. fob m w NOON CLOSE Buyers Sellerj 8«y*rs Selleri Wit 1 RSS Prompt 180.50 181.50N 178.50 179.50N Int 1 RSS July 89 178.50 179.50N 176.50 177.50N Int 1 RSS Aug 178.50 179.50N 176.50 177.50N Int 2 RSS OP 178.00 180.00N 176.50 178.50N
      261 words
    • Article
      Produce Prices
      196 8 Chinese Produce Exchange S*ll*rV noon dosing prices on June 6 (SS/100 kg) Coconut oil Bulk FOB 107.00 Old drum FOB 117.00 New drum FOB 121.00 Copra Mixed (loot*) 62.50 sellers Pepper Muntok whit# FOB NIW 567 50 Sarawak whit* FOB foq NLW 557.50 Sarawak spedal black FOB NLW
      196 words
    • Article
      SSR and SMR
      78 8 (canto/kg) JULY 1989 AUGUST 1989 (current month) (forward morrtti) RAS NOON NOON >wy*M S*«*r> Suyan S«U*ri SSB 30 149 50 151.50N 149.50 151.50N SSR SO 147.50 149.50N 147.50 149.50N MRELB lwy*rt S«U*r> Suy*r> S*H«n SMI CV 242.00 244.00N 244.00 246 00N SMR I 245.00 247.00N 247.00 249.00N
      78 words
    • Article
      KL Tin
      192 8 THE Kuala Lumpur Tin Market (KLTM) price recovered a cant to M 527.19 a kg at tha cloaa yaatarday, helped by tha stronger US dollar against tha rlngglt and a small offering, brokers said. The small turnover of 78 tonnes yesterday agalnat 123 on Monday was rationed by
      192 words
    • Article
      Precious Metals
      393 8 HONGKONG: Gold closed near the day's low in moderate trading on selling by Swiss investors late in the session in response to the firm US dollar, dealers said. They noted light buying by Singaporean investors and physical demand from local and Taiwanese traders. Bullion ended at U*****.80/365.30 an
      393 words
    • Article
      Comex gold/silver futures
      172 8 Gold futures on Jun 5, 1989 100 troy ounces; US$ per troy ounce Op*n Htgh Low -tfJun 368.80 369.00 367.00 367JO -1.10 Jul Aug 368.10 •1.10 372.50 372.50 369.80 370.80 1.10 Oct 367.70 376.70 374.20 374.80 •1.10 0«c 380.70 380.70 378.10 378.90 •1.10 Feb 90 382.90 •1.10
      172 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      98 8 A Landmark Function at Singapore's Newest Hotel Whether a function for 10 or S(X) people, we have the facilities and trained personnel to handle your requirements ranging from lavish dinners to full-scalg meetings using audio-visual equipment. Our poolside is also an ideal venue for an outdoor party. We have special
      98 words
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      Page 8 Advertisements Column 2
      71 8 "J LW Investments Under Instructions From Changi Bus Company Pte Ltd For Sale By Tender COMMERCIAL DEVELOPMENT SITE at Changi Road/Lorong 106/Lorong 107 Freehold Tenure o Site Area 3502.5 sq.m. o Commercial Zone with plot ratio 3. o Near Eunos MRT Station. Suitable tor retail/ office development. Tenders Close: Thursday
      71 words
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  • FOCUS
    • Article, Illustration
      Lock icon Washington treacling carefully
      511 9 World attention remains firmly fixed on China amid the uncertainty that followed the brutal crackdown in Beijing. BT examines the battered investment climate, the US stand on the crisis and morale problems in the Chinese army. K Tl«a rkiHfi IC-—IIIC VHIIHI MilActlAH IIVII —_\_A FT US PRESIDENT
      FT  -  511 words
    • Article
      Lock icon Rumblings in the ranks
      726 9 Widespread dissatisfaction festering within army NYT AMERICAN EXPERTS on the Chinese army say that its morale has been badly affected over the last year by the same problems of inflation and corruption that have created widespread dissatisfaction among the public with the communist government. In addition,
      NYT  -  726 words
    • Article
      Lock icon US firms and bodies step up precautions
      406 9 UPI SOME American corporations, universities and cultural groups with staff in China have moved cautiously to ensure their safety in case the government crackdown on student protest develops into civil war. Although most of those reached by UPI said it was too early
      UPI  -  406 words
    • Article, Illustration
      Lock icon Japanese shelve new investments in China
      275 9 AFP THE BLOODY military crackdown in Beijing has dampened the outlook for Japanese investment in China, including the delayed launch of an agency to promote capital and technology flows between the two countries. A major Japanese bank said in Tokyo on Monday that the
      AFP  -  275 words
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      165 9 CALL ON YOUR FRONT DESK TO BACK YOUR BUSINESS. TELEPHONE HANDLING WORKSHOP ONLYS2BB Too often, you've broken your back trying to make your business a success. Only to be let down by your front desk. And a badly handled telephone call isn't just bad for your image. It's bad for
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      Page 9 Advertisements Column 2
      168 9 Frankfurt Airport. Lufthansa's department store of destinations. t u; nx ?<: fti a m isrm n n EE is 1 I in ISP U I r n *>p 4 a »H —i im- ill Mil 155 uF I MAAI iJF 4L. IM- 1 w m K L« i! m \n
      168 words
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  • PERSPECTIVE
    • Article
      NWC — a voice for all seasons
      539 10 NWC a voice for all seasons THE NATIONAL WAGES COUNCIL has come a long way since its inception in 1972, and in all that time, one feature has remained constant and intact tripartism. It is this unique three-way relationship that has made the council so enduring in the past and,
      539 words
    • Article, Illustration
      Hannover: at the top of the league
      1189 10  -  By LIM SOON NEO "WHEN THERE IS (a) fair, especially Hannover Messe Industrie, the traffic is jammed and there are many people," remarked Josef the taxi driver with a mock sigh as he manoeuvred out of the "jam" from the Hannover city fair
      1,189 words
    • Article, Illustration
      And the shows must go on ..
      1775 10  - And the shows must go on The trade fairs business in Singapore is a tough line to be in. There is the competition from within and there is the competition from without. But then there is money in it for the astute organisers, some of whom take time off from
      1,775 words
    • Article, Illustration
      Thai GNP expected to grow by 8.5pc
      523 11  -  Thailand can expect average annual growth of 7.5 per cent over the next three years, according to a report by a risk consultancy firm. DAVID CHEW of the Foreign Desk notes the main points of the report. The accompanying piece reports on the
      523 words
    • Article
      Rising demand for skilled manpower
      427 11 BUOYANT BUSINESS conditions which contributed to Thailand's GNP growth rate of 8.5 per cent this year have created a big demand for many types of labour, particularly white-collar workers and those possessing technical skills, says the Hongkong-based Political Economic Risk Consultancy Ltd in its quarterly
      427 words
    • Article
      Lock icon East praised for strides to freedom
      437 11  -  By STEVEN GREENHOUSE NYT AT A 35-NATION East-West conference on human rights that opened in Paris last week, Western diplomats praised the Soviet Union and East European countries for making important strides in granting basic freedoms. While lauding the elections and the increase in
      NYT  -  437 words
  • Page 10 Advertisements
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      59 10 MORE THAN 12,000 TRADERS NOW HAVE MICROGNOSIS! And that's a very healthy sign. Because Micrognosis digital and video trading floor systems are making traders more productive and more competitive by putting all the information they need at their fingertips. If you're planning a new floor, why not find out what
      59 words
  • Page 10 Miscellaneous
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      355 11 Pi*' .v. J.. m m =\>~_ -vv> illßyL < 55^ 19 *n 24 22 20 II /Or IA BREITLING EARNED ITS WINGS BEFORE MAN LEARNED TO FLY In 1884. nearly 20 years before the first humble aircraft took to the skies. Leon Breitling began designing the forerunners of today's renowned
      355 words
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  • LEISURE
    • Article, Illustration
      Lock icon Tale about the Don Quixotes of the world
      794 12 CINEMA AP THERE ARE ONLY two more weeks of shooting on Federico Fellini's movie, and he is still not sure what it's about. "It's different from my other films," he says, sitting in a dark, cavernous studio in Rome and frowning into
      AP  -  794 words
    • Article
      Lock icon Exposed: the first Coca-Cola wall sign
      250 13 RESTORATION AP THE ARTIST who painted the first Coca-Cola wall sign was no Rembrandt but 95 years later, his work is getting about as much attention from restorers as any masterpiece. Preservationists Alison Free and Aggie Ferguson have put a month of painstaking work
      AP  -  250 words
    • Article, Illustration
      Lock icon British critics cool to Hoffman's Shylock
      566 13  -  THEATRE By CRAIG R WHITNEY NYT BRITISH CRITICS took a pound of flesh out of Dustin Hoffman last week, as he expected, for having the audacity to play Shylock in a commercial production of Shakespeare's Merchant of Venice that opened on Thursday night. The
      NYT  -  566 words
  • Page 12 Advertisements
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      289 12 < COURyOISIER VS.O.P-WIHEKE ¥OIENTIEICTAIIN ONE GOOD REASON TO LUNCH AFTHE PALM GRILL IS OUR APPETISER BUFFET ANOFIIKR IS I NK CHOICE (>l MAIN C.OI KSI S For between $26+ and §40+ y OU tan select from our appetiser GRIII buffet including seafood, smoked salmon and oysters. Choose from many lavish
      289 words
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      Page 12 Advertisements Column 2
      128 12 Our "zongzi"s are special, oozing with succulent morsels of meat and juicy chestnuts, mushrooms, dried oysters and salted egg yolks. fltcputc? (>ij out Only for a limited time from June 2 to June 11 at the Ming Palace C hinese Restaurant, Coffee Pot and Cafe Boulevard for the price of
      128 words
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      Page 12 Advertisements Column 3
      204 12 ouirn?-^ THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet pnce! For starters, take your pick of our cold dishes prawns on ice fresh oysters, smoked salmon, melon and dried ham. vegetable terrine. mixed seafood salad, cooked assorted vegetables and homemade dressings Select your
      204 words
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      Page 12 Advertisements Column 4
      245 12 THHRIE'S MORI: TOOIR PHKING DI'CK THAN JUST SKIN. A Lnjoy the crisp, delectable* slein as the first course. And a second course of tender duel; vxzcgfy meat served the way lwo delightful courses Luncli or dinner. l or reservations, call 298 tX) 11. L gg^Sg Plaza Hotel I n e*w
      245 words
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      Page 12 Advertisements Column 5
      174 12 mm mm in 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 from June 1 30 only 12 noon 2.30 pm jf Adult: $25 'Child: $13++J&
      174 words
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  • Page 13 Advertisements
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      173 13 i» <• <• <• Some Of The Best U. S. Beef Is Found In The Park. From June 5-24, you can sample delicioiu* U.S. Beet at two of Century Park Sheraton 's restaurant.*. Unkai offers traditional Japanese specialities for lunch ant) dinner prepared with prune grade U.S. sirloin or tenderloui
      173 words
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      Page 13 Advertisements Column 2
      8 13 COGNAC COURyOISIER Jk Sr r/ \aAr /v M
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      775 13 CRYPTIC PUZZLE ACROSS I Run at zero cost, possibly? (5) 6 The state a bed may be in, due to a rake (5) 9 Ragged old tear in a garment (7) 10 Like derogatory letters I send around (5) II Sadly. I'm in an assumed identity (5) 12 A couple
      775 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1314 13 TV and RADIO Jazz and soul 4 II Al Jarreau presents It's Showtime at the Apollo on SBC 12 at 11.20pm OUR CHOICE IT'S SHOWTIME AT THE APOLLO, 11.20pm, SBC 5 The host tonight is Al Jarreau. The jazzman and ad-libber pays tribute to Sam Cooke in the song, 'You
      1,314 words
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  • SPORTS
    • Article, Illustration
      Lock icon Chang defeats pain to overcome Lendl
      503 14 FRENCH OPEN AFP AMERICAN TEENAGER Michael Chang produced one of the most courageous performances ever seen on the Roland Garros cen-tre-court to put out favourite Ivan Lendl and reach the quarter-fi-nals of the men's singles at the French Open Tennis Championships on Monday. Elsewhere,
      AFP  -  503 words
    • Article
      Lock icon The goose that lays more and more golden eggs
      666 14 GOLF NYT TOM WATSON, who has won more money playing the PGA tour than any other golfer, says tournament purses are becoming so big that they are obscene. Tom Kite, who is currently third on the career earnings list behind Watson
      NYT  -  666 words
    • Article, Illustration
      Lock icon It's much too hot in Phoenix
      318 14 MOTOR-RACING Reuter THE SIGHT of the victorious Alain Prost with a piece of tin foil on the top of his helmet to ward off the sun just about summed up Sunday's US Grand Prix. The stifling arid heat of more than 38 degrees Centigrade
      Reuter  -  318 words
    • Article
      Lock icon Snowfalls force cancellation of 16th stage of Italian tour
      270 14 CYCLING AP SNOWFALLS and sub-freezing temperatures on Monday forced cancellation of the much-feared 16th stage of the Italian cycling tour through four mountain passes. The compulsory rest day given by organisers to the 160 cyclists left in the 22-stage marathon foiled
      AP  -  270 words
    • Article
      Lock icon Mottet wins Dauphine Libere race
      145 14 Reuter WORLD NUMBER ONE Charly Mottet of France won the Dauphine Libere cycle race on Monday. with the Tour de France less than a month away. Briton Robert Millar. Mottet's only real challenger, failed to narrow his 18-second deficit and came second overall. The 163-km
      Reuter  -  145 words
    • Article, Illustration
      Sabah Masters offering M$100,000 prize money
      317 14  -  By A SURENDREN TOMORROW IS another day, but for six of professional golfers, it means another chance to get at a pay cheque, this time in Sabah. At stake will be prize money of Msloo,ooo. They will be trying to outwit the rest of
      317 words
    • Article, Illustration
      Lock icon Operation shatters Botham's hope of comeback
      386 14 CRICKET AFP LAN BOTHAM's immediate Test comeback was shattered by injury on Monday night only three days before England launches the defence of the Ashes at Headingley. The Worcestershire all-round-er was undergoing an operation at Worcester Royal Infirmary to relieve a depressed fracture of
      AFP  -  386 words
    • Article
      Lock icon Nashwan to give Maktoums that elusive Derby prize
      497 14 horse-racing AFP THE ENGLISH DERBY is the one classic to have eluded the wealthy Maktoum family from Dubai. That omission should be rectified in Epsom today in the shape of Nash wan. Hamdan Al-Maktoum's colt is 11-8 favourite to land the £500,000
      AFP  -  497 words
  • Page 14 Advertisements
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      418 14 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We Singang Shipping Pte Ltd, 10 Anson Road, #14-19/20, International Plaza, Singapore 0207, hereby give notice that in consequence of the intended change of name of ship. We have applied to the Registrar of Singapore Ships, under section 417 of the
      418 words
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      Page 14 Advertisements Column 2
      329 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CAMBERLY CORNER RESTAURANT PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 290(2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at No.
      329 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Don't build an empire on empty promises
      840 15 la HOCK LOCK SIEW EVERY bull market has its own heroes. The current bull market and it might well be a short one is no exception. Tan Koon Swan, Duta Yap, Chong Kok Lim, Syed Kechil, Low Yow Chuan, Ibrahim Mohammed, Chang Ming
      HOCK LOCK SIEW  -  840 words
    • Article
      Kamunting makes restricted offer of 129 million new shares
      354 15  -  By AMY BALAN IN AN apparent change of heart, Kamunting Corporation has proposed a restricted offer for sale of 129 million new Kamunting shares to existing shareholders. The de facto rights issue, on the basis of three-for-five shares, is an integral
      354 words
    • Article
      New guidelines on staff share option schemes
      481 15  -  By ANDREA BORCH THE STOCK EXCHANGE of Singapore has taken steps to limit the participation of substantial shareholders in employees' share options schemes (Esos) and to give shareholders and employees greater understanding of their companies' schemes. In an announcement released yesterday, the SES
      481 words
    • Article, Illustration
      Promet associate starts work on M$80m Labuan project
      580 15  -  GROUP RE-ENTERS MARINE FABRICATION BUSINESS By KEVIN GWEE PROMET BHD's 50 per cent associate, Ipco Constructors Sdn Bhd, has begun work on the MsBo million Labuan Beaufort Electrical Interconnection project after having completed the privatised Labuan Water Supply Scheme nearly six months
      580 words
    • Article, Illustration
      Lock icon Multi-Purpose Holdings to revamp investment base
      327 15 Bernama MULTI-PURPOSE HOLDINGS BHD (MPHB). the highly-diversi-fied investment arm of the Malaysian Chinese Association, is to restructure its investment base. Executive chairman Chan Hua Eng said this is to eliminate the unacceptable losses at company level and to facilitate the distribution of group profit
      Bernama  -  327 words
    • Article
      Azman named executive head of AMMB
      74 15 BANK NEGARA Malaysia has approved the appointment of Tan Sri Azman Hashim as the executive chairman of Arab-Malaysian Merchant Bank Bhd (AMMB) with effect from Nov 17, 1989. Tan Sri Azman is now chairman of the bank. Meanwhile, an AMMB statement said its board
      74 words
    • Article
      Lock icon Yeo Hiap Seng (M) gears up for a more competitive market
      293 15 Bernama SOFT DRINKS and canned food producer Yeo Hiap Seng (M) Bhd is to make the best use of its production facilities and resources to face the competitive food and beverage market, chairman Alan Yeo Chee Yeow said yesterday.
      Bernama  -  293 words
    • Article
      Maunsell named engineers for $1 b project
      202 15 ENGINEERING GROUP Maunsell Consultants (S) Pte Ltd has been appointed structural civil, traffic and geotechnical engineers for the Si-billion Singapore International Convention and Exhibition Centre. According to the Australian Financial Review, the contract awarded was worth As 7 million ($10.3 million) and was
      202 words
    • Article
      Lock icon UMW banking on revitalised economy to boost profits
      378 15 Bernama UMW HOLDINGS Bhd is banking on increased activities in civil construction, mining, agriculture and logging to boost sales this year. The North-South Expressway project is also expected to generate demand for new equipment. Chairman Tan Sri Zakaria Ali said in his
      Bernama  -  378 words
    • SES
      • Article, Illustration
        Blue chips hardest hit as market takes another beating
        948 16  -  By JOSEPHINE CHAN THE STRAITS Times Industrials Index plunged another 38.24 points yesterday in trading that continued to be influenced by events in China and the Hongkong market. The index finished the day at 1,233.13. below the 1,250 support level, after
        948 words
      • Article
        Unit trusts
        180 16 Manager*' prices foe June 7 Singapore Unit Trust Tho Co——f 10) 114* Tfc* Savings Fund 096 102 S'por* frog Fund 043 047 S'por* S«c fund 073 078 S'pore Wrvwl Fund 079 084 S'por* Sqwty Fund 0S2 056 Asia Unit Trust Mot InvnV Fund IS2 162 Mot Prog Fund
        180 words
      • Article
        COMPANY MEETINGS
        63 16 HOTEL MARCO POLO LTD: 16th AGM at Tanglin Room. 2nd Floor, Omni Marco Polo Hotel, 247 Tanglin Road, Singapore 1024, today at 10.30 am. YEO HIAP SENG LTD: 33rd AGM at the Board Room, 950 Dunearn Road. Singapore 2158, today at 10.30 am. CITY DEVELOPMENTS LTD: 26th AGM
        63 words
      • Article
        SES SHARE INFORMATION
        6222 16 1989 Tel Last Vol Day Last Quote Dlv Dlv Yld Net M Cap High Low Cod* Company Sale *>r(•000) High Low Buyer Seller C'vr P/E $mll JUN 06 SESDAQ 168 120 t 4000 Amtek Eng 20c 142 -4 7 143 142 136 143 10.0N 7.1 1.4 101
        6,222 words
    • KLSE
      • Article, Illustration
        Prices continue to tumble
        2145 17 SHARE PRICES on the Kuala Lumpur stock market continued its downward momentum yesterday as market operators liquidated their positions to take gains in the absence of favourable developments at Tiananmen Square. Dealers said this is in line with the softer tendency in major Asian bourses. One
        2,145 words
    • REGIONAL MARKETS
      • Article
        Allied chief threatens to sue First Pacific
        429 18 THE CHIEF EXECUTIVE of Hong-kong-listed Allied Properties has threatened to sue First Pacific Securities because he says the stockbroking firm has implied that his company may not be able to pay for the HK$l.B billion purchase of Tregunter Estate from Great Eagle. The
        429 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        262 18 Reuter MILAN: Italian shares yesterday ended higher in active trading centred on blue chips and banks, brokers said. The MIB index edged up 0.29 per cent to close at 1,043. Trading resumed yesterday in Nuovo Banco Ambrosiano and Banca Cattolica del Veneto for the first time since
        Reuter  -  262 words
      • Article, Illustration
        Lock icon Stocks end mixed
        570 18 Tokyo Reuter INVESTORS looking for bargains and jumping on themes almost rescued the languishing Tokyo market yesterday, but uncertainty resulting from unrest in China and the weaker yen outweighed the optimism. Prices closed mixed in light trade after falling in the morning and rising in the afternoon.
        Reuter  -  570 words
      • Article, Illustration
        Lock icon Lacklustre trading
        521 18 Australia Reuter THE AUSTRALIAN share market was lower by the close of floor trading yesterday after a day of lacklustre trade, dealers said. Brokers said the market opened easier in line with a 37-point fall on Wall Street on Monday and failed to find any direction. "The market
        Reuter  -  521 words
      • Article, Illustration
        Lock icon Share prices bounce back
        1293 18 Hongkong AFP SHARE PRICES rebounded yesterday on the Hongkong stock market with the barometer Hang Seng Index gaining 56.10 points to finish at 2,149.71. But Tuesday's gain did little to recoup ground lost on Monday when the index nosedived a staggering 562 points, equivalent to a
        AFP  -  1,293 words
      • Article
        Bangkok: Index up
        169 18 THE Stock Exchange of Thailand Index yesterday rose 3.43 points to 558.33 points on a turnover of 11,615,229 shares valued at 1.247.81 million baht. Reuter JUNE M BAMT Ao Kham Thai. 402 2 Ayudhya Investment 36 unch Bangkok Agro-lnd 66 •1 Bangkok Bank Bank OfAyudhya 207 332
        169 words
      • Article
        Lock icon Taipei: Another sharp fall
        530 18 AFP SHARE PRICES on the Taiwan stock market yesterday plunged for the second day in a row on markedly lower volume amidst widespread rumours of civil war in China and the death of Chinese paramount leader Deng Xiao-ping. The weighted price index fell 438 99 points
        AFP  -  530 words
      • Article
        Lock icon New Zealand: Sharply lower
        212 18 Reuter THE NEW ZEALAND share market yesterday closed sharply lower after being shocked by the twin effects of weak offshore markets and news of a NZ5648.8 million March year loss for the BNZ, the country's biggest bank. Dealers expect further weakness today, but were divided about
        Reuter  -  212 words
      • Article
        Lock icon Bombay: Volatile trading
        196 18 Reuter BOMBAY shares yesterday ran out of steam after a bullish start to finish lower in volatile trading, brokers said. Investors looking for buys following Monday's rise, which was sparked by the arrival of monsoon rains, were caught unawares by sporadic selling in mid-session. "The market undertone
        Reuter  -  196 words
      • Article
        Lock icon Manila: Fall continues
        168 18 Reuter PHILIPPINE SHARES continued to fall yesterday on selling pressure from investors influenced by Hongkong's depressed market, brokers said. "There is some fear we might get affected," said Jesus Cinco, assistant vice-president at Papa Securities Corp. The Manila Stock Exchange composite index slipped 1.6 per cent to
        Reuter  -  168 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks fall sharply
        722 19 New York AFP Reuter WALL STREET closed sharply lower on Monday despite a half-point drop in most banks' prime rste. The Dow Jones Industrial Average slumped 37.13 points to 2,480.70 points in moderstely active trading. With some 163 million shares changing hands on the New York Stock
        AFP; Reuter  -  722 words
      • Article, Illustration
        Lock icon Equities open weaker
        956 19 London Reuter LONDON share prices opened weaker in fairly quiet trading yesterday after Wall Street closed 37 points lower on Monday. Dealers said the continuing violence in China, where troops are reported to have killed thousands of civilians in the past few days, is again weighing on
        Reuter  -  956 words
      • Article
        Lock icon Hanson to sell stake in Smith Corona
        1022 19 FT THE US ARM of Hanson will raise mora than US$4OO million whan it aella to the public a majority stake in Smith Corona, the electronic portable typewriter maker which it haa returned to health over the past three years. The aale will
        FT  -  1,022 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      83 15 SII <• K I •I. I \THKV\ T I I) \I. IN BANGKOK WMKk K KLSK BIT TII K SH AN OK I- LA One of the world's finest hotels. Shangri-La hotel SHAM.HI I A INTERNATIONAL: BANCiKO* «2» 2VS 777? HOM. KONt |5| SID 77H2 KIIAI A II MfUR 624*
      83 words
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      Page 15 Advertisements Column 2
      69 15 CURRENCY INVESTMENT AMERICAN I XPHKSS BANK TEL: 321 3333 AEROLEASING FAR EAST ANYTIME, ANYWHERE, YOUR PRIVATE JET IN ASIA. CALL 24 HOURS A DAY FOR CHARTER 733 5324, 733 5334 Europe s No. 1 air-taxi operator is now offering its services from Singapore: corporate travel, leisure, medivac and diplomatic flights;
      69 words
  • Page 15 Miscellaneous
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      613 18 •tP HMFB HARRISONS MALAYSIAN PLANTATIONS BERNAD (INCORPORATED IN MALAYSIA) Directors: Tun Ismail bin Mohamad Ali (Chairman) Tunku Mansur Yaacob (Alternate: M A St Clair-George) J McLeod Dato Abdul Khalid bin Ibrahim Zain Azahan bin Zainal Abidin Mohammad bin Abdullah Registered Office: 13th Floor, Merwa PNB 201-A Jalan Tun Razak, *****
      613 words
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      Page 18 Advertisements Column 2
      9 18 Managers must manage. BT shows you how every Monday.
      9 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      1439 19 Zurich prtCM w*r« not avallabla. European Martets Roundup on Pago 1t <z> Wayfoong Mortgage And Finance (Singapore) Limited BALANCE SHEET as at 31st December 1988 FIXED ASSETS INVESTMENTS CURRENT ASSETS Hire purchase and leasing debtors Leas: Provision for doubtful debts Statutory deport with the Monetary Authority of Singapore Investments Bills
      1,439 words
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  • Article, Illustration
    Foreigners leave Beijing amid heightened violence
    378 20 38TH AND 27TH ARMIES SAID TO BE FIGHTING EACH OTHER EVACUATION of foreigners from Beijing began in earnest yesterday as governments around the world announced measures to fly their citizens out of the city where rumours of inter-military clashes were spreading more intensely. There
    378 words
  • Article
    Lock icon Businessmen join governments in condemning Beijing bloodbath
    580 20 Agencies BUSINESSSMEN around the world joined their governments in the chorus of condemnation against the Chinese military crackdown in Beijing and called for authorities to take harsher trade sanctions against the country. Japanese and American businessmen warned that more economic sanctions were necessary
    Agencies  -  580 words
  • Article
    K Wah Stones rights issue falls casualty to turmoil
    325 20  -  By FOO CHOY PENG Hongkong Correspondent QUARRYING and properties firm KWah Stones became the second corporate casualty of China's political turmoil when underwriters to its HK5183.5 million rights issue yesterday called off the cash call. Merchant bank CEF Capital has invoked
    325 words
  • Article
    Lock icon Successful Gatt talks may end need for Section 301 actions: Yeutter
    300 20 Reuter A SUCCESSFUL outcome of the current round of talks under the General Agreement on Tariffs and Trade may end the need for US bilateral trade actions under Section 301 and new "Super 301" provisions in the US trade
    Reuter  -  300 words
  • Article
    Lock icon Taiwan's trade surplus widens, exports soar
    250 20 AFP TAIWAN'S trade surplus for the first five months of the year surged to US$5.3 billion, up 67.6 per cent from a year ago, according to government statistics released in Taipei yesterday. May's exports and imports soared to all-time single-month records, the figures showed.
    AFP  -  250 words
  • Article
    Lock icon Bank of Japan sees increasing upward pressure on prices
    280 20 Reuter THE BANK OF JAPAN said that underlying upward pressure on prices was likely to mount gradually. In its annual review of the economy during the year ending March 31. 1989, the bank cited firming overseas commodity prices, the yen's fall
    Reuter  -  280 words
  • Article
    Lock icon Ex-Recruit chief out on US$l.4m bail
    293 20 AP THE FORMER CHAIRMAN of the Recruit Co, the central figure in the bribery scandal that has rocked Japanese politics, was released yesterday on bail of 200 million yen (US$l.4 million), officials said. Hiromasa Ezoe, 52, had spent 113 days in custody after his
    AP  -  293 words
  • Article
    Lock icon Pentagon approves arms sales
    85 20 AFP THE US Defence Department has told Congress it had approved weapons sales to South Korea, Egypt and Singapore. The Pentagon said on Monday that, barring congressional objections, it planned to sell Seoul 30 F-4E planes, spare parts and support equipment in a deal valued at
    AFP  -  85 words
  • LATE FILE
    • Article
      Lock icon Renewed fear of trade friction
      47 20 Reuter JAPAN, which has almost overcome problems caused by the higher yen, could face further intensified trade friction as its trade surplus shows signs of widening again. Japan s Federation of Economic Organisations (Keidanren), a leading business group, said in a report.
      Reuter  -  47 words
    • Article
      Lock icon Firm to make circuit packages
      58 20 Reuter NITTO Denko Corp has set up a wholly-owned subsidiary in Malaysia to make epoxy resin integrated circuit (IC) packages to meet the strong demand there. Nitto Denko Electronics Malaysia Sdn Bhd, capitalised at Ms 2 million, will start producing IC packages in February 1990
      Reuter  -  58 words
    • Article
      Lock icon Agreement on standards
      56 20 Bernama ASEAN countries should adopt the standards of the International Standard Organisation for their industrial products, according to an agreement reached by the working group on industrial cooperation of the Asean Chamber of Commerce and Industry in Bali. The agreement will now be proposed to the Asean
      Bernama  -  56 words
    • Article
      Lock icon Poor response to incentive
      47 20 Bernama ONLY 68 companies in Malaysia applied for the double deduction incentive for approved training last year, which was introduced by the government as an added incentive for the manufacturing sector, Deputy Minister for Trade and Industry Oatuk Kok Wee Kiat said yesterday.
      Bernama  -  47 words
    • Article
      Lock icon Iraq calls for peace with Iran
      38 20 AP IRAQ has called for peace with Iran following Ayatollah Ruhollah Khomeini's death, and Iranian rebels shut down their propaganda machine in what diplomats suggested was an Iraqi attempt at goodwill. AP
      AP  -  38 words
    • Article
      Lock icon 50 killed in ethnic violence
      75 20 Reuter MORE than 50 people were killed and at least 500 injured during weekend ethnic violence in the Soviet Central Asian republic of Uzbekistan, a journalist at the Soviet newsagency Novosti said yesterday. The journalist said from the Uzbek capital Tashkent that 43 of the
      Reuter  -  75 words
  • Article, Illustration
    Britain urged to push for direct elections in HK
    383 20  -  By FOO CHOY PENG THE HONGKONG Bar Association has called on Britain to push for direct elections in Hongkong before the colony reverts to China in 1997. In an open letter to British Prime Minister Margaret Thatcher dated June 5, the
    383 words
  • Article
    Lock icon Crisis may delay Cambodian settlement
    181 20 AFP THE CRISIS in China may delay a settlement in wartorn Cambodia, a senior Thai Foreign Ministry official said in Bangkok yesterday. The current unrest in China, where authorities have brutally suppressed pro-democracy demonstrations, will force the government to reduce its role internationally, including a
    AFP  -  181 words
  • Article
    Lock icon Shell Bhd unveils big upgrading plans
    230 20 Bernama SHELL Refining Company Bhd is expected to invest a substantial amount of money to upgrade and install new facilities to meet the growth and changing pattern of demand Its chairman. Or Mark Moody-Stuart, said after the company's annual general meeting in Kuala Lumpur
    Bernama  -  230 words
  • Page 20 Advertisements
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      154 20 WHY START AT THE BOTTOM WHEN YOU CAN START AT THETOR No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our services. Residential and Commercial Property Loans Hire Purchase
      154 words
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      Page 20 Advertisements Column 2
      54 20 The Comex report was not available at press time Mr. R 887 V 4 1 I St ..-V M X -*!zr H Rodenstock frames and lenses. The perfect combination of material, technology and design. >-mL "t|| QUALITY BEFORE YOUR EYES Rodenstock Wcs/ Lvrmami Sole .Iji'nif fi* SingiifKm' jnJ MiiLyna.' S»n
      54 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon 72-hour strike at Marseille port
        150 21 Reuter A 72-HOUR strike called by the communist-led CGT union paralysed the French port of Marseille on Monday. Some 2.000 dockworkers, heeding a strike call to protest pay cuts, refused to load or unload cargo at Marseille, France s premier port and number two in
        Reuter  -  150 words
      • Article
        Lock icon OOCL to set up Aussie subsidiary
        218 21 International Transport Journal THE HONGKONG shipowner Orient Overseas Container Line (OOCL) is setting up a whollyowned Australian subsidiary, OOCL (Australia) Pty Ltd, which will commence operations in Sydney on July 1, 1989. The move reflects the increasing trade between Hongkong and Australia, and the
        International Transport Journal  -  218 words
      • Article
        Lock icon 41 feared dead
        182 21 AFP A FERRY capsized on Monday in the San Juan River in northwestern Colombia, killing 11 people and leaving at least 30 confirmed missing and feared dead, police said. The accident occurred as the vessel, carrying as many as 200 people, was concluding a cruise after a
        AFP  -  182 words
    • Article
      Index to advertisers
      1079 21 ABBS line XII 1/5 ABC Contoinerlme XI 5 Accord Shpg VIII 3/4 AFS XIII 3 Ahrenkiel Lmer XII 5 AC Toepfer XIII 5 Arrow lines XI 5 Assoc Corrioge XHI 5 ANl IH 1/2 A PC line VII 4 API V 3-5 ASCI V 1 Atlas line
      1,079 words
    • Article
      APAA to crack down on dumping of toxic wastes
      344 21  -  By AL O LABITA Jr THE Asean Port Authorities Association (APAA) has agreed to crack down on the notorious practice of Western countries dumping their industrial toxic wastes in the region. The decision was firmed up during the APAA's 10th working
      344 words
    • Article
      Bombay port privatising one of its seven freight stations
      189 21  -  By SHIRISH NADKARNI Writing for BT from Bombay BOMBAY port authorities initiated "privatisation" recently by handing over the management of one of seven container freight stations at the port (CFS) to a private company. If the "experiment" proves to be a
      189 words
    • Article
      Asia Commercial Bank enters bunker trade financing
      411 21  -  Bank focusing on small and medium enterprises By RAHITA ELIAS THE Asia Commercial Bank has entered the "intensely competitive" business of bunker trade financing. Mr Richard Ang, the bank's vice president, said ACB was taking advantage of its experience in servicing the small
      411 words
    • Article
      Lock icon US builders complain of unfair trade
      130 21 AFP THE Shipbuilders Council of America will be filing complaints alleging unfair trading practices by shipbuilders in West Germany, Japan, South Korea and Norway. Details of the complaints are to be released tomorrow. According to the latest statistics released by the United States Maritime
      AFP  -  130 words
    • Article
      World's biggest container ship calls at Singapore
      262 21 THE BIGGEST container vessel in the world, and probably the most advanced, called at Singapore yesterday on its maiden voyage. This is the Mette Maersk, the fourth in a series of 12 vessels that Maersk Line is currently building. Mrs Lim Kim San,
      262 words
    • Article
      GMS Line expands tanker fleet
      139 21  -  sia a By G DURAIRAJ THE Japanese-owned GMS Line Co, a major carrier of palm oil from Malaysia, has deployed another vessel to its present fleet of six tankers to boost capacity and enhance its level of service in the trade. The line's newbuilding, Global
      139 words
    • Article
      Lock icon EC ministers welcome plan to aid shipping
      152 21 Reuter EUROPEAN Community transport ministers have welcomed proposals to boost the EC shipping industry but Greece said it saw no reason for a community flag. The EC executive commission's plan features a community-wide flag called Euros which would offer shipowners incentives not to
      Reuter  -  152 words
    • Article, Illustration
      Lock icon Marketing the right image to shippers
      2039 22 Seatrade GLOSSY brochures, smoked salmon Christmas gifts for the press, catchy ads. sounds like part of a marketing blitz? It is, but from a wholly unexpected source, a bulk shipping operator. Norway's Osco group may be a pioneer and the slickest in "active" image
      Seatrade  -  2,039 words
    • Article
      Lock icon Panama protests against ship toll increase
      369 22 Reuter PANAMA protested on Monday a toll increase for ships using the Panama Canal, calling it a unilateral US decision that would hurt Latin America. The five US members of the Panama Canal Commission board of directors approved the 9.8 per cent toll increase
      Reuter  -  369 words
    • Article
      Ceres acquires Pacific
      324 22 GREEK shipping company Ceres Hellenic Shipping Enterprises has acquired Canadian Pacific Tankers for US$lOO million. The move, which follows last year's sale of 19 bulk and products tankers to the B H group, marks the end of Canadian Pacific's involvement with bulk shipping. However, the company will
      324 words
    • Article
      Shipping events
      265 22 June 2-16 Handling and Storage of Dangerous Goods. To be held at the Training Dept, Tanjong Pagar Complex conducted by the Port of Singapore Authority. Tel no *****07 June 12-13 Claims reserving in non-life insurance, Insurance Reinsurance Research Group conference, Kensington Park Hotel, London WB. June 13 to
      265 words
    • Article
      Consortia
      163 22 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 (StraHa/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines
      163 words
    • Article
      Who acts for whom ...
      2308 22 Who acts for whom A —B AB Shipping Bouataad Shpg Aganclaa (8). ABBS Lina SMS Pta Ltd (SyTunaa Satia (PK/KL). ABC Contalnarltna NV Fargo Shpg Co (8) Accord Shpg Accord Shpg (S)/Accord Contalnar Lina (PK/PN) Ahrankial Linar Kim Shpg (8) A (trad C Toaptar Ooaanua Shipping Agancy (SyMuittport Sdn Bhd
      2,308 words
    • Article
      NKK Corp wins order to build 2 gas carriers
      313 23 NKK CORPORATION has received an order to build two gas carriers for Norway's leading liquefied gas carrier owner and operator Bergesen. This will be the first time large multipurpose gas carriers will be built in Japan. The contract was signed last
      313 words
    • Article
      London Freights
      843 23 FREIGHT market rates on Monday continued their recent sharply lower trend amid reports that heavy grain was about to be fixed on the key US Gulf to Japan heavy grain route at an easier US$2l. The rate for the route in the Baltic Freight Index (BFI) was cut
      843 words
    • Article
      SHIPPING LIST where your ships are due...and when
      11672 30 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 j line involved and the estimated dates of arrival and departure from the Port of
      11,672 words
    • Article
      SHIPS IN PORT
      1863 34 AT CONVENTIONAL WHARVES Vmm4 Voy No B«rih Arrival Departure KEPPEL WHARVES Arrow Queen 0904 CIO alongside 0606/ 2359 BoiyunsNw 2/89 KI7 alongside 07 06/ 0600 Coo Furono 09 *03 KI6 alongside 0906/ 2300 Hoi tang 1/89 K29 olongside 1206/ 2300 Homo tiga joknopi IE K30 olongside 0906/
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      14 21 "The Illustrated Encyclopedia of Wildlife" fortnightly at all good bookshops ami m'ws-stamls. STP Distributor*
      14 words
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      Page 21 Advertisements Column 2
      17 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shippinq Association
      17 words
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      Page 21 Advertisements Column 3
      551 21 XTwsftagJ Dictionary of INSIDE w. Selling the right image COMPETITION within every bulk market niche has more than anything else driven home the need for a marketing philosophy among some bulk shipping companies' top managements. Not only that, but its crystallisation into explicit planning and action at the highest levels.
      551 words
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  • Page 23 Advertisements
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      919 23 wm Di'ilii'oU'd l»i C2<«t»lify Stvvit t' JAROINE SHIPPING ACCNCIfS KO Cantonmont Scud #1? 05 Southpo.nl S>ng»poi« 0701 T« *****11 MUX NO RS 241N ((MiNAi/crs w msti 220 BOOKINGS TH 1200? M 235 HUM IMOIM SMIffINC AUNCIES SON WO PORT HUANG 111 3M4118 TMM N» MA3947J/MAJJ/OI WHANG 111 (***** fill* NO
      919 words
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      Page 23 Advertisements Column 2
      1254 23 MAERSK LINE Th» wee* Lars M Ctoeing Time CY 13/6 0400 HRS CFS 12/6 1800 MRS LARS M LAURA M REQINA M LEXA M MCKINNEY M LEDA M LtCA M MARIT M 13/6 14/6 20/6 21/6 27/6 28/6 4/7 5/7 11/7 12/7 18/7 19/7 25/7 26/7 1/8 2/8 Pus week
      1,254 words
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  • Page 24 Advertisements
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      807 24 u Hapag-Lloyd II P.ONTAINER SERVICE TO UK/CONTINENT M HAMBURG BREMERHAVEN 29/6 1 fJ 27/6 29/6 ROTTERDAM/ ANTWERP VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANIWbHr HCfeELBERG EXPRESS 01/581 7/6 9/6 27/6 29/6 26/6 KOWLOON BAY 91/541 8/6 3" 29/6 1/7 m A3S^M d A e R x U
      807 words
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      Page 24 Advertisements Column 2
      554 24 COLUMBUS LINE REEDEREI GMBH 0 (A SERVICE OF HAMBURG SUD) EXPRESS SEMI-CONTAINER SERVICE TO lORTHBOUNO TO UKC IVYBANK V ?4N TAUSALA SAMOA V ISN CLYDEBANK V26N RDM A DAM HBG HULL (U K 11/7 15/7 11/7 nit 168 m 12/1 l*/9 21/9 'Alio Accepting (CL to AntWfwß'Wienfrelinteiee/sevthwiplo«vßeM«st/Colhen6ur| M'iill MLll 'AMJLU'I%:
      554 words
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      Page 24 Advertisements Column 3
      1089 24 -w V 0 1R REGULAR INDEPENDENT FULL CONTAINER SERVICE NORTH SEA 912 W 14/6 15/6 16/6 11/7 14/7 15/7 NOR ASIA SINGA 8913-3 21/6 22/6 23/6 18/7 20/7 21/7 NORASIA AL MUNTAZAH 8914 3 28/6 29/6 30/6 26/7 27/7 28/7 NORASIA SUSAN 8915-3 4/7 5/7 7/7 1/8 3/8 4/8 Also
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1297 25 SHIPPING TIMES, Wednesday, June 7, 1989 CONTAINER SERVICE TO UK/CONTINENT: riCIOCKRC EXPRESS XONIOON BAT HARTFORD EXPRESS MONTE ROSA ALASKA NARU IARGS BAT CITY Of EDINBURGH kasuga i Also Accepting Cargo For: lamouf j to Co<*fl»»««n Ajrhui. Gotlwbu'g. Itoltno. Stockholm. IMuaki. Sondtrtourg totteitam to Antworp Aimt#fdj«i. O»lo. B«l«. Zurich Br#mf«hav*> to
      1,297 words
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      Page 25 Advertisements Column 2
      1055 25 a.CHO YANG LINE WEEKLY EXPRESS INDEPENOENY FAR EASY/EUROPE FULLY CONYAINERISED SERVICE EASTBOUND ANJIN ROYYERDAM 003W 10/8 HOYANG CHANCE 042W V* V W IANiIN MASAN M9W 2«/* W IW lANJIN LEHAVRE 002W IP W M 21/7 Use accepting tor Inland UK delations Antwerp and Scandinavian port* HANJIN LEHAVRE 001E QUEENSWAY BRIDGE
      1,055 words
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      Page 25 Advertisements Column 3
      339 25 ai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lln«t) TLX R5220«1 ft R*****2 fc. eastern car liner. i). STRAITS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-RO HEAVY LIFT! For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN ft CHINESE PORTS. SUBJECT INDUCEMENT IML INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT
      339 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      511 26 HI SINOSE MARITIME PTE LTD 111—^ m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES ■RAMAN MSYKCE Singapore Loading foe IRAN BAYAN PJL7OO In Port BANDAR ABBAS SOUTH PACIFIC SERVICE mother VSL KYOWA VIOLET V 26 KYOWA HIBISCUS V 37 LOAD FOR GUAM SAIPAN HRA. VILA. NMA LTK SVA. PAGO. APIA GUAM.
      511 words
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      Page 26 Advertisements Column 2
      798 26 HANJIN SHIPPING CO., LTD F' II.V CONTAINERISED SERVICE 0 EUROPE VIA SUEZ tilN ROTTERDAM (XH* 106 IYANG CHANCt 042* 1/ 6 lilN MASAN 04SW 24 6 4 JIN LE HAVRE 002W 17 S pore LrHjvre R dim H burg B h««n Fitow* 10(6 286 25.6 »6 2/7 W 1/6 5/7
      798 words
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      Page 26 Advertisements Column 3
      263 26 LINE 7B 2nd floor. Jmlmn 2/71. T»m«n Tun Or' Ismail. ***** KL £l *****34. *****94, *****29 TLX NO MA-***** FA P.n.nfl O* T.I *****7. *****2 ACCEPTING CARGOES FOR THE FOLLOWIN^PORTS AUSTRALIA UK/EUROPE loading FOP SYD MF.LB. AO€ BRIS FREM LE HVE HBG BREMEN R DAM GENOA ANTWERP UK PORTS A
      263 words
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      Page 26 Advertisements Column 4
      1319 26 id GREET ER GOLDEN ER GLOBE ER GENIUS ER GIANT EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) hi SCP hkg ksg klc pus hkt osk tvo bal lhv AN* ROW FU( H* u« S* 2W« 24*6 111% 29*6 01/07 04,07 29»7 07,« 10« 11« Ug 1«« 2I« 26/06 30/06
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1057 27 SHIPFIINU HWCiJ, namouci), uuirc PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES FAR EAST VESSEL HAI GUANG MAJAPAHIT GOWA VOY SIN 11 SB In Pt 3958 16/8 4358 1/7 SIN HKG 20/6 30/6 14/7 KAO KEE YOK NGO 22/6 23/6 27/6 26/6 1/7
      1,057 words
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      Page 27 Advertisements Column 2
      450 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO Eiprnt Kowloon by Hartford E«»r«»» Alaska Hani Mont* Rosa larfi Bay City ot Idinfcirfn London Eiprnt Kiup 1 Bonn Eaprru Cardigan Bay Kurama Maru Benjvon S PORE P KIANC I* M STON NAM nn n* UK/CONTINENT B HAVEN "DAM HAVftt w; 2/7 *n
      450 words
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      Page 27 Advertisements Column 3
      391 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. BESUM LLOYD .T. MMUOERA INDONESIA P.T. TRIKOM LLOYD EXPRESS SEMI CONTMNERSHIP SERVICES SINGAPORE TP EUROPE VSI/VOY SPORE ANTWERP HBURG/ VSL/VOV SPORE ANTWERP H'BURG/ ROAM/ADAM BREMEN S PANJANG/22 WB 14-17/1 13/7 16/7 (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) KUTAI/17WB 27-29/6 26/7 31/7
      391 words
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      Page 27 Advertisements Column 4
      512 27 SHIPPING AGENCIES MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok 7/1 Jun 11/13 Jun Jun 10/11 Jun 17/19 Jun \W SEMI-CONTAINER SERVICE jEAVV LIFT CAPABILITY NORTHBOUND TO UKC SPORE RDAM HMBG HULL IVYBANK V24N 15/6 14/7 18/7 21/7 TAUSALA SAMOA VISN 15/7 11/8 16/8
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  • Page 28 Advertisements
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      1163 28 OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE VIA FEEDER OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE FEEDER VESSEL OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE •Via Feeder FEEDER VESSEL HONGKONG CONTAINER RHEIN BRIDGE HUMBER BRIDGE NEPTUNE ZIRCON Kline KAWASAKI RISEN KAISHA. LTD. N. AMERICA-ATLANTIC COAST VOY LB 13 29/4
      1,163 words
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      Page 28 Advertisements Column 2
      729 28 J '4J cl AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* AL'DAS V 43 IJLSIDAS »42 ALIDAS V M UISIOAS y 43 Singapore P Kelang Penang Loading tor. Motbof Vsl By Feeder By Feeder 2 luly 26 June 26 June FiemMelbSydn/Adet 25 July 19 July 19 July Frem Metb/Sydn/Adel 22 Aug
      729 words
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      Page 28 Advertisements Column 3
      322 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 13, Telo* Ayer Street SINGAPORE 0104 TEL 5343W (10 UNLS) Fai 5343M4 STRAITS/PERSIAN GULF SERVICE: Sport P Kelar* Penang GOLDEN HARVEST Cotanbo, Karachi Duba. Ii« Pt GOLDEN WONDER Colombo Ka'acfci'Oubai 11/20 June CHINA SERVICE GUSHAN Dalian June *Frr_l CHINA OCEAN SHIPPING CO., PEKING
      322 words
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      Page 28 Advertisements Column 4
      617 28 HEAD OFFICE 63 ROBINSON ROAD SO7-12 AFRO ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 EAST/FAR EAST FCI ft LCI SERVCE ETA SINGAPORE DUBAI. DAMMAN. KUWAIT. DOHA. MUSCAT. BAHRAIN ABU DHABI I SHARJAH JEDDAH (LCL) WEEKLY AQABA. HOOEIDAH H KONG. KOBE. TOKYO, KEELUNG. KAOHSIUNG, MANILA. BANGKOK. BUSAN. JAKARTA
      617 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1306 29 Agents S-po.e *PTUNE AGENCIES PTE. ITO. General Bookings Bookings Inward/ Terminal CFS Enquiries fE EU/AUST TPA/SEA Outward *****22 *****53 *****77 *****53 *****42 *****44 *****19 *****16 *****18 *****48 (CR NO. **********0E) NEPIME SDH BHD P Ketang K Lumpur *****87 *****33 NrpTUNE ORIENT LINES LTD EXPORT IMPORT t'DK VSL/VO* Perkasa 78S Perkaaa
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      Page 29 Advertisements Column 2
      889 29 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 ***** ,rutur P KtIANC MISSUS MAI TMONC SMIPPINC 127 Pen»nfStreet. Penang, Malaysia M/S HANDLING SYSTEM CO SO* iHO
      889 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      393 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 lines) fAX *****39/*****76 TELEX RS ***** A B SSCMA. AS ***** A B SSCAD DSR-LIMES EB DEUTFRACHT SEEREEDEREi ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND T. WENDA 1W WILHELM PIECK 6/89 H
      393 words
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      Page 30 Advertisements Column 2
      64 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TSKLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. HERMES/ACE VXXA ETA SIN 13TH JUNE IW [spore I > KAOSHIUNG > KEELUNG TOKYO SHIMIZU NAGOYA KOBE 4 DAYS 5 DAYS 8 DAYS 9 DAYS 10 DAY 11 DAYS HINODE KISEN CO.
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      172 30 i r* Regional Weather m s s \t a K n It f-V m it SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Jun« 7, 1989 V s Wind direction with speed m knots LIGCNO P T emperoture V IV Thoode*storm Weother Wind direction w.th speed m fc v Showef
      172 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      779 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 <t> cn a n ,IJ_mU ojjjf>=•// —'ijJI a Algerian National Line FAR EAST/ MEDITERRANEAN SERVICE S PORE LOADING FOR BISKRA Sid BUSAN/iAPAN/ ALGER ORAN ANNABA TUNIS BEL ABBES 14/6 alger/oran/annaba/tunis ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy
      779 words
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      Page 31 Advertisements Column 2
      306 31 EJ ffl wak wtmmm (Mallei {in* of Ethiopia) RICHFIELD MARINE AGENCIES (S) PTE TEL: *****33 (10 Lines) FAX *****15 TELEX RS ***** RISHIP (3 Lines) it A T ACCEPTING FCL AND CONVENTIONAL PEN.PKG ETA LOADING FOR PEN/PKG ETA NETSANET rSg" VOY IbWB ABBAY VVONZ 12/7 VOY 20WB OARESSALAAM MOMBASA DJIBOUTI
      306 words
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      Page 31 Advertisements Column 3
      1013 31 0 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK 9/6 BUS AN 10/6 BOMBAY 9/6 COLOMBO 9/6 CHITTAGONG 16/6 HONGKONG 10/6 CALCUTTA 16/6 MUARA/LABUAN/KK 13/6 KUCHING/SIBU 11/6 TOKYO/YOKO/KOBE 13/6 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
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      Page 31 Advertisements Column 4
      290 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE CAL NAL CMTT COl BARDESKIY 07CE89 13/6 18/6 GONCHAROV *****9 18/6 17/6 19/6 SAK 68N 18/6 25/6 JVE 9106 21/6 26/6 ;ER BAY 71N 29/6 6/7 SNTACT PERSONS :MR ROBERT OH/ HENRY/ ANWAR/ PETER LOO ■LEPHONE NO. *****71, (6 lines) ■LEX/FAX
      290 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      165 32 LCL ACCEPTANCE TO NOUMEA. FIJI SIN HKC NOUMEA SUVA M 20,6 IV 23/6 w \it 111 2017 1V« EXPRESS SAILINGS TO PAPUA NEW GUINEA IIN PORT MORESBY LAt 12,-6 22,6 GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATI NUKUALOFA TONGA RAROTONGA FUNAFUTI TUVLU SIN SUVA VSL: (TBN 0101)
      165 words
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      Page 32 Advertisements Column 2
      342 32 OcerhSeruice LCL/FCL SERVICE TO/FROM A operates over 600 terminals/offices in U.S.A. maintains over 35,000 tractors trucks. I serves over 60,000 points in U.S.A. offers reliable LCL/FCL services. General Agents SINGAPORE [SSASSr 778 6522 (22 lines) 02-***** JglnrtS Contact: Elaine Teo, Esther Yap. 21 *****4 shipping (Singapore) private limited Cargo bookings
      342 words
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      Page 32 Advertisements Column 3
      350 32 CSAV Sue?'.JCC"?-> S TO/FROM FEEDER I S POKE I MOTHER VESSEL HK YOKO ARICA IQQ antofvalp SAI CTE VESSEL CSAV 1 17n ARAUCO V 1«5» 2/7 W lilt 21* 23* 2M 12/J CSAV 2 tfl ONE SKOU V 1»3 11/7 10 W Ufl 2</» CARGO FOR PUNTA ARENAS. TALCAHUANO (SAN
      350 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1086 33 zi FULL CONTAINER SERVICE acctpOi* FCL/LCL ur«o« to USA Eisl I, Wwt&mt. Cirribbean.East Cjnjdi, HAITI Cost. Rica. El Salvador. Coatamata, Honduras. VtfMiuela. Peru. Ecuador, Colombia via Miami. Trinidad. Barbados Antigua. St Lucia. Monticrnt. Cuayana via Kinpton AUSTRALIA CONTAINER SERVICE VESSEL ZIM KOPER ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE AND ALSO
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      Page 33 Advertisements Column 2
      637 33 r *TrTT7TTrrr"i SMIMIMO IMMfMTAIION ITO WEEKLY LCL/FCL SERVICE JAKARTA (SURABAYA 13/6 16/6 A VESSEL DESTINATIONS ETA SINGAPORE PORT KELANG 10 JUNE MANILA 9 JUNE HONG KONG, ALL CHINA PORTS 9 JUNE KEELUNG. KAOHSIUNG 11 JUNE BUSAN 23 JUNE TOKYO. KOBE 23 JUNE CHITTAGONG 9 JUNE DUBAI 11 JUNE SYDNEY. MELBOURNE
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      Page 33 Advertisements Column 3
      428 33 WEEKLY CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA SINGAPORE ETA ETO JAKARTA ETA ETD PRABHAKTI (TUES) PRASE Tl A (WED) 266-267 In Port In Port 9/6 9/6 268-269 13/6 14/6 16/6 16/6 SINGAPORE SI ETA ETD ETA In Port In Port 10/6 14/6 14/6 17/6 General
      428 words
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      Page 33 Advertisements Column 4
      428 33 PTC CONTAINER LINES FCI LCI SERVICE SIN FA» EAST 11/6 KEELUNG/KAOHSIUNG 10/6 BANGKOK 11/6 MANILA 10/6 JAKARTA 10/6 PORT KELANG/PENANG 12/6 BUSAN 13/6 TOKYO/YOKO/KOBE 12/6 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EMMPE/M 10/6 RDM/HAM/ANT/LE HAVRE/GENOA 10/6 LDN/FLX/LVP/SOU SIM HSA/CAHAIA Z!!I 1 11/6 L.A./NYC/SFO 12/6 VANCOUVER/TORONTO/MONTREAL THiWTJ.U 10/6
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      206 34 rrrrm PTE LTD Vessel Voy ETA ANABAS V8905N In Pt TZU HANG VS9O7N 10/6 Deiln Kampongsom Phnom Penh TEL *****07 TLX ***** FAX *****76 SUN UNION LINE REGULAR SERVICE TO KARACHI S PORE LOADING FOR OCEAN HAWK Vll6 22/6 KARACHI Agents SHIBUSAWA MEISHIN N.T.V. TRANSPOKTATKW CO. (PTE) LTD. 9 T«l:
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      Page 34 Advertisements Column 2
      818 34 hx JE CONTAINER LINE f A TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANG PENANG BANGKOK HONG KONG CHINA KAOHSIUNG KEELUNG 10*6 17/6 10/6 4 W/6 1/6 4 12/6 mi iii% 1/6 A 12/6 11/6 4 15/6 11/6 4 15/6 MANILA BUSAN
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      Page 34 Advertisements Column 3
      548 34 te MitsuiOSK. Lines. JLtd FULL CONTAINER EXPORT TO: UK/CONTINENT (TRIO) HtlOUCftC »P«SS KOWlOO* »AT ALASKA MAftU S aw* PM*M| S tar H burj ii W m ip an Ut M *P W Aim Acuptinf Cirfo Far: Hamburg I* Cooanruftr Ajrhvi Gothmturr Malmo Stockholm Hatunki RotUrdjm to Antaarp. Arattrtfam Otlo. Stockholm
      548 words