The Business Times, 8 June 1989

Microfilm: NL16652
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, JUNE 8, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    265 1 Dow Jones up THE US stock market gained ground yesterday morning amid excitement over two takeover bids in the communications industry. The Dow Jones average of 30 industrials rose 12.32 to 2,508.64 at 1430 GMT in the first hour of trading. Gainers outnumbered losers by more than
    265 words
  • Article, Illustration
    Yong Pung How appointed Supreme Court judge
    517 1  -  By AMY BALAN AFTER 18 years in the finance industry, top local banker Yong Pung How is to return to the legal world. Mr Yong, who is chairman and chief executive officer of the OCBC Bank, will leave the bank at the end
    517 words
  • Article
    400 Singaporeans due to return from Beijing today
    464 1  -  Reported by Zhou Mel, Genevieve Cue, Lillen Ang ABOUT HALF of the Singaporeans living in Beijing are due to arrive at Changi Airport this morning on board the Singapore Airlines flight despatched specially to pick them up. The jumbo jet took off
    464 words
  • Article
    Bank of China: We will not close
    432 1  -  RUN ON THE BANK CONTINUES By HONG LEE TIAM THE BANK of China took an unusual step yesterday by calling a press conference to quash rumours that it was winding up its business here. This came on the back of an unrelenting run
    432 words
  • Article, Illustration
    Local bourse falls, regional markets rally
    198 1 SINGAPORE stocks continued to lose ground yesterday for the third day in a row. despite some recovery in other regional markets. The Straits Times Industrials Index shed 6 39 points to finish at 1,226.74 as heavy selling in the afternoon discounted earlier gains. The
    198 words
  • Article
    Lock icon Troops fire volleys at diplomatic compound
    436 1 JgThe China question Agencies AS CHINESE troops turned their attention from citizens to the diplomatic community, many foreigners in the city, advised by their governments to leave, crowded Beijing airport yesterday to fight for seats on overcrowded flights. International responses to the spiralling crisis
    Agencies  -  436 words
  • Article
    US$ ends firmer in Asia
    108 1 THE US DOLLAR yesterday closed firmer against major currencies in quiet trading in the Asian currency markets Dealers said the dollar was undermined by speculation of a further fall in the US interest rates In Tokyo, the dollar closed at 142.80 Japanese yen and 1.9747
    108 words
  • Article
    Lock icon Kowloon riot spoils plans for HK's strike protest
    216 1 Reuter AFP RIOTING ended by police baton charges and tear gas confused activists' plans for a general strike and mass rallies in Hongkong yesterday over the bloody crackdown in Beijing. Police fired volleys of tear gas and made repeated baton charges to
    Reuter; AFP  -  216 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      177 1 OO 0 0' Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****22 Kuala Lumpur: Phone: *****33 Penang: Phone *****5/*****1 Jakarta: Phone. *****5 OUB Commercial Property Loan The first step to buying your own business premises Our Bank understands the difficulties of starting your own business.
      177 words
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      Page 1 Advertisements Column 2
      209 1 `>}),%_.?/`-_[&,|>@.=(-_^.:{-_[ HK markets should stay calm: banker, PAGE 7 Editorial Comment: 12 Maximising a student's potential Local currency 12 Exporters act to counter strong S$ Economic coordination 12 An airing and little else Shaw properties 2 More consumer-friendly image US-Soviet relations 5 Military pact to be signed Japanese market Expected
      209 words
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      Page 1 Advertisements Column 3
      10 1 Ink Chli Exporter* act to counter strong SS PAGE 12
      10 words
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      Page 1 Advertisements Column 4
      191 1 lity before your eyes Paramount's hostile bid A NASTY BATTLE among major media companies is brewing with the announcement yesterday of Paramount Communications Inc's hostile bid (or Time Inc. The offering US$l75 a share, or US$lO.7 billion in cash. Turn to Back Page for the full report. Advertising Marketing SMALL
      191 words
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  • HOME NEWS
    • Article, Illustration
      More consumer-friendly image for Shaw properties
      405 2  -  By SUZANNE SOH THE SHAW GROUP will spend millions of dollars this year and next to spruce up its properties and make them more consumerfriendly. Shaw Towers in Beach Road is getting a $14 million facelift, while $3 million to $4 million is being
      405 words
    • Article
      Burger King to open its first two outlets in Housing Board estates
      255 2 BURGER KING is set to open outlets in two Housing Board estates later this month, its first foray into the public housing arena in the unrelenting war with other fast-food chains. The outlets in Ang Mo Kio Central
      255 words
    • Article
      Events to promote support services for exporters
      291 2 THE TRADE DEVELOPMENT Board is organising an exhibition and conference in October designed to make Singapore and regional exporters more conscious of the support services available to them. Export Services International 89. to be held at the World Trade Centre from Oct 18
      291 words
    • Article
      Seminar to encourage automation opens today
      191 2 AS PART of the Economic Development Board's (EDB) programme to encourage local companies to automate, a seminar on "Design For Automation '89" will be held today and tomorrow at the Sheraton Towers. This one-and-a-half day-long seminar is being organised by consultancy firm Automation Leasing
      191 words
    • Article
      New ambassadors present credentials
      227 2 THE NEW AMBASSADORS to Singapore from France and Japan presented their credentials to President Wee Kim Wee at the Istana yesterday. Mr Bernard Faubournet De Montferrand, France's ambassador to Singapore, succeeds Mr Frederic Grasset, who relinquished his post on May 31. The new Japanese ambassador, Mr
      227 words
    • Article
      Strong case for airline privatisation: Chin Beng
      259 2 THERE can be little argument that there are more advantages than disadvantages in airline privatisation. Among the benefits are fund raising, decision-mak-ing, speed and competitiveness. Mr Lim Chin Beng, the deputy chairman of Singapore Airlines, said this last Friday when he addressed 80
      259 words
    • Article
      British business team coming to S'pore
      161 2 TWENTY-FIVE specialised companies from Britain mainly involved in the steel, engineering and tool manufacturing industries will be bringing their combined expertise to Singapore from June 12 to 16. The mission, organised by the Sheffield Chamber of Commerce, will display a wide range of steel
      161 words
    • Article
      MEMO PAD
      408 3 Seminars and Courses M c EH Cahners Tel: *****13 Exposition Tlx: RS ***** J firnuo Fax: *****66 j«n 9 Effective Cor| Financial Con iun 15-16 Finance For I s Managers Jon 12-16 Interacting M Jon 14-17 Designing ant a New Perfo System Jon 14-16 Sitoational le Jon 17
      408 words
    • Article
      CIDB's first course under its joint training scheme takes off
      303 3 THE FIRST of six training programmes which the Construction Industry Development Board (CIDB) hopes to initiate under its Joint Industry Training Scheme was launched yesterday. A signing ceremony held at the Meridien Hotel marked the start of a mechanical and
      303 words
    • Article, Illustration
      Lock icon More women joining the workforce
      524 3  -  Bigger increase in older age groups By ANNA TEO FAR MORE WOMEN from each age group between 20 and 50 years have joined the workforce in the last two decades. The proportion of women at work went up from about a third in 1970 to
      Source: Ministry of Labour  -  524 words
    • Article, Illustration
      BT journalist wins Mitsubishi award
      269 3 HARISH MEHTA of Business Times' Foreign Desk has been awarded the Mitsubishi Economic Journalist of the Year award. The award carries a US$3,OOO cash prize and an all-expenses-paid trip to Japan. The Press Foundation of Asia, announcing the award from Manila, said that Mr Mehta
      269 words
    • Article
      Possible water pollution
      82 3 THE Ministry of the Environment has warned against possible water pollution in the Jurong Industrial Estate outlet drain and Selat Samulun. The two areas received water used to fight the fire which broke out at the AIM Chemical Industries plant last Sunday Although most of the chemicals
      82 words
    • Article
      Trade Net to support electronic payments
      376 3 FROM JULY 1. subscribers to Trade Net. the electronic data interchange system, will be able to instruct their banks to transfer funds electronically from one company to another. This was announced yesterday by Mrs Pearleen Chan, general manager of Singapore Network Services Pte Ltd
      376 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      219 2 Are pi losing your Doctom line\ fw the sake of top line printer features? Now you don't have to! Prinl€r versatility is ensured as it is compatible with standard Because the affordable LQSSO comes packed with features normally found IBM™ hardware and software which supports a wide range ofhSCP control
      219 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      134 3 pIMOUT 2 How DBS Factors can help you Factor Away Your Export Risks H The drug-war controversy in the pharmaceutical industry Patented Medicines Versus Generic Drugs H The latest in Surface Treatment Technology ■The export market for Singapore docks. PLUS: ■16 pages of Wish to Buy/Wish to Sell Contacts EXPORT
      134 words
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      Page 3 Advertisements Column 2
      162 3 French for quick sale Bottle by bottle, case by case, the finest ('B5 Vintage) Mouton Baronne Philippe vintage Bordeaux produced this far in $85. Rauzan-Gassies $75. and more... the decade will fast be disappearing from the cellars at Jasons. Because come June 1. wine buffs All of which are ripe
      162 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      182 3 //> Max/ Note Mln (°C) 16/11 Fin* 15/06 Clowdy 31/18 Cloudy 18/02 Cleor 38/29 Cleor 34/26 Sunny 30/25 Cloudy unav 30/22 Sunny 22/14 Cloudy 17/08 Cloudy 28/24 Clear 17/06 Cloudy 29/09 Cloudy 17/10 Cloudy 20/12 Cleor 18/05 Cleor 38/20 Clear 28/11 Cloudy 13/04 Fin* 28/19 Cloudy 25/09 Cleor 16/10 Roln
      182 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Unilateral actions a threat to world trade: Indonesia
      273 4 Bernama THE MAJOR developed countries have shown signs of laxity in their commitment to the multilateral trading system on which world prosperity largely depends, an Indonesian deputy minister said. Junior Trade Minister Soedrajat Dijiwandono said in Bali that one of the biggest
      Bernama  -  273 words
    • Article
      Lock icon Bill to allow Filipinos to return assets taken abroad illegally
      250 4 AFP A PHILIPPINE congressman has filed a Bill allowing citizens who have illegally stashed wealth abroad to repatriate their assets without criminal liability, his aides said on Tuesday. The Bill, filed by Representative Hernando Perez, aims to attract some of
      AFP  -  250 words
    • Article
      Lock icon US still Seoul's top supplier of technology
      175 4 AP THE UNITED STATES continued to dominate the supply of foreign technologies to South Korea in 1988 under licensing arrangements, the Finance Ministry reported on Wednesday. The report said Korean businesses last year paid US$33O million in royalties to American technology suppliers, 48.8
      AP  -  175 words
    • Article
      Lock icon Nippon Steel in joint venture with Chicago steel giant
      348 4 UPI NIPPON Steel Corp, the world's largest steelmaker, said yesterday that it will launch a giant joint venture with Inland Steel Industries Inc of the US to produce galvanised and coated steel sheet for supplies mainly to US and Japanese carmakers.
      UPI  -  348 words
    • Article
      Lock icon Tokyo firm to market 'pocketable' TV
      149 4 UPI JAPAN'S top time-piece maker Hattori Seiko said yesterday that it will market a "pocketable" high-resolution liquid crystal display colour television set in Europe. starting this week. The Tokyo-based company said the new product. LVD2O4, measures 106 mm wide, 96mm high and 55.1 mm
      UPI  -  149 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      992 4 ARRIVALS Operator Service Local rom number time ALK UL454 0020 CMB SIA soon 0040 LAX/NRT I THA TG8192 0145 KAMPHAENG SEAN KAL KE697 0155 SEL TMA TL351B 0430 BEY/SHJ/KUL 9A SQ409 0520 MAA THA TG8191 0630 KAMPHAENG SEAN IAC IC555 0655 MAA SIA SQ683 0715 TPE SIA
      992 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      1158 4 f M-%-T "Cooperation-Development" Shandong, China-Singapore Venue The Mandarin Hotel, 4th Floor Main Building Date 24th June to 2nd July 1989 In order to further develop economic and trade relations between Shandong province and Singapore, the "Cooperation Development" Shandong, China Singapore, exhibition will be held trom June 24th to July 2nd,
      1,158 words
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      Page 4 Advertisements Column 2
      38 4 The bvnnnt penon'i cbotot ererj Tuesday, Thuridav Saturday and Sunday. Loving Changi Airport at 22M hown and a>iiiing Hath row early the following morning. Cil! your Tmrl Agent or Air Canada af 7}2t555. A BREATH OF FRESH AIR
      38 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon West German economic boom lifts Kohl's popularity
      401 5 Reuter THE WEST GERMAN economic powerhouse is surging forward, cutting the number of unemployed people and giving Chancellor Helmut Kohl's government a boost ahead of European parliament and local government elections this month. Data released in Bonn on Tuesday showed growth in Europe's
      Reuter  -  401 words
    • Article
      Lock icon EC may delay closure of Italy's excess steel plants
      149 5 AFP THE EUROPEAN COMMISSION was scheduled yesterday to announce that it is allowing Italy extra time to close down its excess steel-making capacity, said informed sources on Tuesday. The Commission, the executive arm of the European Community, met yesterday and the
      AFP  -  149 words
    • Article
      Lock icon French Rafale fighter project untouched by budget cuts
      335 5 Reuter FRANCE S US$2O billion Rafale fighter project will be untouched by defence cuts despite failure to find European partners to share the cost, Prime Minister Michel Rocard said on Tuesday. By pressing on quickly with the project, France hoped to exploit
      Reuter  -  335 words
    • Article
      Lock icon OECD urges tougher measures for Dutch economy
      331 5 Financial Times THE NETHERLANDS should continue to pare its over-sized public sector, its bulging budget deficit and high unemployment, said the Organisation for Economic Co-operation and Development. In its latest Dutch economic survey, the OECD also urges further cuts in the heavy "collective
      Financial Times  -  331 words
    • Article
      Lock icon US, Soviet Union to sign wide-ranging military pact
      287 5 Accord to curb accidental confrontations UPI THE United States and the Soviet Union will sign a wide-ranging agreement in Moscow pledging that neither superpower will use force against the other in response to any accidental military contact or incident, the Washington Post
      UPI  -  287 words
    • Article
      Lock icon Fed banker opposes curb on foreign money
      114 5 AP A LEADING US central banker warned Americans on Tuesday against curbing foreign investment in the United States. "As you look around the world today the notion of more open markets has become an integral part of the ideas sweeping the globe," Mr
      AP  -  114 words
    • Article
      Lock icon Soviets buy more American corn, sorghum under long-term accord
      307 5 AP THE SOVIET UNION has bought an additional 400,000 tonnes of US corn and sorghum for delivery this year under a long-term supply agreement, the US Department of Agriculture (USDA) said. The grain, including 300,000 tonnes of corn and 100,000 tonnes
      AP  -  307 words
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      Page 5 Advertisements Column 1
      104 5 '~*4 i .V r "V- I HI Ml \RTRFMFMBFRS I tu I \sll Ot SUMMt R AND linPt 1u -w n> 0» Naii Rr \\p IoN \n\M\N li Bl c \l I HI Rf 11 s I L W Bl ti --f .V K=£ i! S- L x (7) f£(f)
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      88 5 Doonesbury AN UNUKELi MLffWN IN i THE WARHOL PtARZS. tminhis 2&*2£ :lh I NEVER (S 1 "APRJL 24,1984, KETTH HARJN6 THREW ONE OF HIS TANTRUMS BECAUSE NOBOWMAS TAKJN6 HIS PICTURE, SO HE SIORMEVOFF THE PLANE AT MILAN, LEAVING v JUST ME, \f WARREN I Aun urr" f »i 1 m",
      88 words
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  • MONEY AND EXCHANGES
    • Article
      Government Securities Market
      111 6 treasury bills Day's "Period Yesterday's closing code Maturity WD OFFER HIGH LOW »*3 months BQ*****Z V 7.09.89 4.04 3.99 4.01 3.92 months O y*° r BY*****H 23.11.89 4.04 3.99 4.33 4.30 BY*****F 24.05.90 4.36 4.31 ♦IGovernment notes and bonds I Period Issue Maturity Coupon Yesterday's dosing Day's
      111 words
    • Article
      Forex markets
      1611 6 SINGAPORE: The US dollar closed higher against major currencies after fluctuating within narrow ranges in quiet and nervous trading yesterday, dealers said. "The dollar's sentiment is mixed We are not sure of its trend now," a Japanese dealer said. The dollar was undermined by speculation of further falls
      1,611 words
    • Article
      Asian dollar market
      291 6 ASIAN DOLLAR deposit rates ended at their opening levels after quiet trading yesterday. "The rates are not expected to move much until Friday's release of US May producer price index," said a dealer. Short-dates eased 1/16 to 1/8 point at the outset due to a weaker US
      291 words
    • Article
      Lock icon Simex
      428 6 BA Futures SEPTEMBER Eurodollar futures opened four ticks lower at 91.23 on profit-taking despite sifln of Fed easing. Trading was moderate on the lack of fresh factors The September contract ranged from 91.18 to 91.22 before settling at 91 22. down one tick. June D-mark opened 42 ticks higher
      BA Futures  -  428 words
    • Article, Illustration
      World interest rates
      185 6 Indicate* the w#«9* <* the prime lending rates <* 12 ma|or banks In S'pore Interbank market n ites (offer/bid) on June 7 us$ DM SWFC Y«n 7 doyt 3 4 13 »/14 7/14 */U 7/U J/U J/U 1/4 1/t J/U l/U IJ 3/t U 1/4 IJ IJ/U
      185 words
    • Article
      Options
      1318 6 CURRENCY FUTURES OPTIONS Wednesday, June 7, 1989 DEUTSCHE MARK (StMEX) Jua 88 cad* High Low |M Jun 88 pa* Boa 91 S3 53 54 55 56 CAS CAB CAB 49 123 220 320 8*9 88 caNa Htgfc Lav 8a<l Bap 86 puts «ai Low Boa S3 53 54 180
      1,318 words
  • Page 6 Advertisements
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      36 6 We've +afccr\ ~tv*c,h **\e*wcJi >> L. To n<\dfe every intn tender "tUe Co«r«/\-(Vcf IV "+o Ovi/v* II S, mn IS ££pe£i^e^ £l 1 Dr.** 61-OI OrtUjH &>°<-tO o<jll.Tei: 7J5?55/ £L ca/\-ftia L rv,#^«»onC v,u« 'Oiq Tel: lsl
      36 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Federal Reserve eases grip on US credit conditions
      570 7 NYT REACTING TO SIGNS of a slowing economy and a surging dollar, the US Federal Reserve Board eased its grip on credit conditions on Tuesday, allowing the federal funds rate to fall for the first time in 15 months. The Fed, which
      NYT  -  570 words
    • Article
      GIA elects 1989/1990 committee
      87 7 KOH BEE CHYE. the general manager of Overseas Assurance Corporation, has been re-elected president of the General Insurance Association of Singapore (GIA). In the newly-elected GIA management committee for the year 1989/1990, Loo Sun Mun, general manager of Asia Insur- ance Company, remains as vice-president. Other
      87 words
    • Article, Illustration
      Lock icon HK markets should stay calm: banker
      272 7 THE CHINA QUESTION: FINANCIAL IMPACT Reuter THE VIOLENCE in Beijing should not at this stage cause serious concern for Hongkong's financial markets, one of the British colony's top bankers said in Madrid on Tuesday. William Purves, chairman of the Hongkong and Shanghai Banking Corp,
      Reuter  -  272 words
    • Article
      Lock icon Capital Markets not interested in full ownership of Bank of New Zealand
      352 7 AFP CAPITAL MARKETS LTD, the investment bank which has bought a big stake in the troubled Bank of New Zealand (BNZ). is not interested in acquiring full ownership, Capital Markets chairman Michael Fay said yesterday. As part of
      AFP  -  352 words
    • Article, Illustration
      Cosmo head expects Japanese market to become more open
      492 7  -  By QUAK HIANG WHAI FURTHER DEREGULATION of the Tokyo financial market has been predicted by Yasuo Bunya. the visiting president of a Japanese securities house And Singapore, he suggested, could take advantage of this situation by cooperating with the Japanese in
      492 words
    • Article, Illustration
      Lock icon Spain sets date for joining exchange rate mechanism
      281 7 Reuter SPAIN SET a target date for full integration into the European Monetary System on Tuesday, saying it would join the exchange rate mechanism before July 1, 1990 Finance Minister Carlos Solchaga made the announcement at the annual International Monetary Conference in
      Reuter  -  281 words
    • Article
      Money markets
      67 7 THE OVERNIGHT RATE fell by 1/8 point to 5 3/8 per cent on the Singapore money market yesterday. Short-term rates rose by 1/16 point to 5 7/16 per cent across the board. S$ Interbank rates at the close yesterday: OFFH MO Qm ntgh. 5 3/8 5 1/4 1-mo«*
      67 words
    • Article
      IMM
      273 7 IMM currency futures erased early losses and advanced to end moderately higher on Tuesday. Values reversed initial weakness near midday and began rising on dea er bidding that prompted local buying on vague rumours that the Federal Reserve may have discreetly intervened. Pressure linked to political unrest in China
      273 words
    • Article
      COmex gold/silver futures
      189 7 Gold futures on Jun 6, 1989 100 troy ounces USS per troy ounce Op*« H*h Law 8dM -wJun 347.00 381.00 366 30 379.90 4-12.40 Jul 380 50 12.40 Aug 370.00 384.30 369.40 383.20 12.40 Oct 374.00 388.00 373.30 387 20 12.40 OK 378.50 392.50 377.70 391 40
      189 words
    • Article
      Lock icon Third World falls behind on US$7l b debt
      387 7 AP THIRD WORLD countries are falling behind on U5570.67 billion worth of debt to US banks, according to the US General Accounting Office. The GAO, the investigating arm of the US Congress, did not name the countries. Argentina, the number three debtor
      AP  -  387 words
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      Page 7 Advertisements Column 1
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      62 words
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      Page 7 Advertisements Column 2
      103 7 A legendary watch O I Milt UII'KIIM s 11 M I I I I I'l lON \l I I>l IM( VI ID I I \M I KI)M IKI \lnk KM KM hMI lIOM skill WD'SWOIK I \IKI I'KOHI I n S I I (.1 \l» \KN W Mt'll m i
      103 words
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  • COMMODITIES
    • Article
      Lock icon Power-play stalls Opec talks
      527 8 Reuter POWER-PLAY among the big Gulf producers held an Opec meeting in deadlock on Tuesday, threatening higher oil prices achieved by the cartel so far this year. Kuwait and the United Arab Emirates stuck by demands to produce more oil under a quota system used by
      Reuter  -  527 words
    • Article
      Lock icon Opec oil output rises to 21m barrels a day
      615 8 AP OPEC NATIONS lifted oil production to 21 million barrels a day in May, the highest so far this year, according to estimates released on Tuesday. The International Energy Agency predicted in its Monthly Oil Market Report that demand for the
      AP  -  615 words
    • Article
      Lock icon Coffee futures fall as ICO meeting bogs down
      235 8 AFP COFFEE FUTURES fell by between £2 and £4 a tonne as the market opened in London on Tuesday, with traders increasingly pessimistic about the chances of a new agreement emerging from the current meeting of the International Coffee Organisation (ICO). The
      AFP  -  235 words
    • Article
      Lock icon New York gold futures soar on China turmoil
      391 8 Reuter NEW YORK gold futures soared on Tuesday on the continued turmoil in China, pulling other precious metals higher in sympathy. Gold often rises during periods of political unrest as it has historically been viewed as a haven for international investors. But
      Reuter  -  391 words
    • Article
      Lock icon Seoul invests US$6m to qualify for deep ocean mining claim
      308 8 AFP SOUTH KOREA will invest nearly US$6 million in deep ocean mining by 1992 to meet conditions for establishing a territorial mining zone in the Pacific, officials in Seoul said on Friday. A new 3.8 billion won (US$5.B million) investment
      AFP  -  308 words
    • Article
      Produce Prices
      148 8 Chinese Produce FOB NSW 315.00 Exchange Nutmeg Sellers' noon dosing prices on 110 FOB NSW 1190.00 June 7 (SS/100 kg) BWP FOB NSW 859.00 Coconut oil Gambler Bulk FOB 107.00 FOB NSW 180.00 Old drum FOB 117.00 Bangkok New drum FOB 121.00 Closing prices on Juno 7 Copra
      148 words
    • Article
      Soybean
      202 8 CHICAGO BOARD of Trade soybean futures extended gains in old crop July in late trading on Tuesday to close up 8-1/2 cents per bushel at US$7.l4, while new crop ended lower. Old crop prices gained partially in reaction to rumours that a major exporter will be allowed to retain
      202 words
    • Article
      Lock icon Ivory Coast could pose threat to M'sian cocoa
      459 8 Reuter MALAYSIA'S foothold in the cocoa market would be threatened by Ivory Coast, the world's biggest producer. if the African country improved its new crop supply and quality. Dutch cocoa trade experts said during an international forum in the Hague on Tuesday.
      Reuter  -  459 words
    • Article
      Lock icon Malaysia succeeding in preserving natural forests
      302 8 Bernama MALAYSIA is one of the few countries still able to maintain a large percentage of its natural forest areas despite the rapid development taking place. Primary Industries Minister Datuk Seri Dr Lim Keng Yaik said on Monday. To date. 61 per cent of
      Bernama  -  302 words
    • Article
      Lock icon Crude Oil and Products
      163 8 Telerate FUEL OIL prices remained steady in their current ranges yesterday, with sellers of June CST-180 at US$lO2-103 tonne fob Sing. June bunker CST-180 was heard sold at US$lOl tonne and bunker CST-380 at US$99 tonne; both were ex-wharf indi- cations. Japan has some buying interest
      Telerate  -  163 words
    • Article
      Wheat
      206 8 CHICAGO BOARD of Trade soft red winter wheat futures closed lower across the board on Tuesday, with late selling tied to ideas that spreading turmoil in China could block export shipments of US wheat, floor sources said. As prices fell late in the session, sell-orders were triggered near US$3.9l
      206 words
    • Article
      Rubber
      148 8 SINGAPORE: Rubber prices closed lower after quiet trade with July 1 RSS quoted at 174.00 cents a kg yesterday, down 2.50 cents from Tuesday's close. Dealers said prices rallied in early afternoon following gains in Japanese markets but retreated towards the close on overseas selling. Trading was thin with
      148 words
    • Article
      RAS
      155 8 RAS prices m s fob m bUM 1 NOON CLOSE ftuy*rs S*il«rs luyors SoHors Int 1 RSS Prompt 175.50 176.50N 176.50 177.50N lot 1 RSS July 89 173.00 174.00N 174.00 175.00N lot 1 RSS Aug 173.50 174.50N 174.50 175 JON int 2 RSS OP 173.00 175.00N 174.00 176.00N Ww
      155 words
    • Article
      SSR
      28 8 (cann/kg) AUGUST 1989 JULY 1989 (currant month) (forward month) NOON NOON RAS lwy«ri S*i*n ■vywt SSR 20 SS* 50 145.00 147.00N 145.00 147.00N 143.00 145.00N 143.00 145.00N
      28 words
    • Article
      Precious Metals
      353 8 HONGKONG: The international gold price closed sharply higher yesterday at U*****.90/376.30 an ounce compared with Tuesday's finish of U*****.80/365.20. Yesterday's opening rate was quoted at U*****.70/ 375.10. TOKYO: Yen-denominated gold futures yesterday closed 42 to 48 yen per gram up due to the ongoing unrest in China, but
      353 words
    • Article
      London markets
      158 8 London Commodity Exchange Buyer/Seller dosing prices on Jon 5 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis ln-stor« London, soHors option OF London Jul 1195/1200 (1195/1200) High/Low 1215/1195 S*P 1173/1175 (1195/1200) Htah/Low 1180/1164 Solos (2647) Coco* Jul 787/788 (773/774) High/Low 792/772 S*P 801/802 (801/802) High/Low 808/785
      158 words
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      Page 8 Advertisements Column 1
      10 8 Keep your investment decisions on target INip EVERY SATURDAY JL
      10 words
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      Page 8 Advertisements Column 2
      67 8 BOOST YOUR PRODUCTIVITY Attend the Time/system course and boost the productivity of your company, your department and yourself! Over 2000 managers from leading companies in Singapore have already attended. Conducted monthly by Mr. Sten Jessen. Next course June 20-21 9.00am-5.30pm Fee is $890/- inclusive of Time/system personal planner, lunch and
      67 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      397 9 L i i I Now's The Time To Change Your Mind I I m > <N fcv* I S>' v •V .<'V <*> v 4 fli U «st€ r ii s_; < 1 1 r *> pM Jrr > /?5 >" J*-' *«n «**>«>»»* :^v a ■5T v<~ *K **>•1
      397 words
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  • FOCUS
    • Article, Illustration
      Lock icon Former secret service chief appointed as party leader
      442 10 Reuter QIAO SHI, a hardliner in China's leadership apparently appointed new head of the ruling Communist Party, is widely believed to be in charge of the country's security and secret service networks. Known as the "Party's policeman", Qiao is seen as a
      Reuter  -  442 words
    • Article, Illustration
      Turmoil sends shockwaves through the Philippines
      622 10  -  The China question By Al O Labita Jr MANILA'S business tempo, sizeably influenced by many Chinese investors with links to Taiwan or Beijing, has felt the impact of China's bloody suppression on Sunday of pro-democracy demonstrators. At the Manila and Makati Stock Exchanges, trading
      622 words
    • Article, Illustration
      Lock icon Soviets take pains to maintain ties with Chinese
      789 10 Reuter THE SOVIET UNION S decision to stand aloof from worldwide condemnation of Sunday s massacre of civilians by troops in Beijing clearly reflects Kremlin fear of jeopardising its new ties with China. That was the conclusion of informed Soviet journalists and
      Reuter  -  789 words
    • Article
      Lock icon When liberals and conservatives see eye-to-eye on policies
      570 10 NYT CATEGORIES like liberal and conservative are about as helpful to understanding the divisions in the United States over what American policy should be towards the upheaval in China as genealogies of the Ming dynasty are towards understanding the turmoil of today.
      NYT  -  570 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      439 11 HOW TO MAKE A QUICK MILLION. Marrya millionaire's daughter. Fight Mike Tyson. a* 4♦ jf w v« tL« tJr iV mm?*'wr.M' f, .J Vja?; J'* "-V */toi rf ,4*-'vl- r**So Kf f"* Dt ■H#* jj* r, *5 **41* \ik 1 f **k* 'a v <w 11 .5& «fc 4 y*\'c
      439 words
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  • PERSPECTIVE
    • Article
      Maximising a student's potential
      549 12 OPPORTUNITIES lost or denied often set the stage for festering frustrations in the individual. This is nowhere more keenly felt than in education which, in a modern society, holds the Key to social mobility. At the state level, however, the formulation and implementation of education policies
      549 words
    • Article, Illustration
      Exporters act to counter strong S$
      796 12  -  On foreign exchange markets, rates are swinging wider and the Singapore dollar is growing stronger. Faced with these developments, exporters are using every available means on the foreign exchange market to claw back the advantage lost through adverse currency movements. HONG LEE TIAM reports
      796 words
    • Article, Illustration
      Lock icon Economic coordination among industrial nations gets an airing — and little else
      1024 12 Economic coordination among industrial nations gets an airing and little else NYT WHEN the industrial world's finance ministers gathered in Paris last week, there was widespread agreement that international economic policy coordination had stumbled. Creaky was the word US Treasury Secretary Nicholas Brady used to describe the state of global
      NYT  -  1,024 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      435 12 advertisement Historic Rescue 1 Yinfefiu •j«|, i itt| g* i M mil SIT HM Yl M 1 11 y il 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
      435 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      31 12 (i wnkof KPigTr.l,l VA/Wjr yrN i cmcc VjjpTMi NG EL9e THOUGHT OF GCTTiNG mp,Rf?i£D?) Jf #pl. 03OT l TMiMK OF IT f\ STpSToCSQOe springs io niND.... 633 CveNINO STANOAWO CO. LTD,
      31 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      123 13 sssf WE'VE BECOME PRETTY GOOD AT PUTTING PINS ON OUR WALL We're quite happy filling in the blank spots on our wall. And with more than 1000 offices in over 174 countries we're getting very good at it. It s our commitment to give you peace of mind. So, K
      123 words
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  • ADVERTISING & MARKETING
    • Article
      Small local agencies gear up for larger slice of ad pie
      484 14  -  By SANGEETA MULCHAND SMALL LOCAL advertising agencies are emerging from the shadows of their international counterparts, not only eager for their share of the advertising pie but gearing up to grab it. Previously, local agencies confined themselves to lower
      484 words
    • Article
      DNC and Batey among top 10 agencies
      317 14  -  By Thangavelu Ranganayaki TWO LOCAL afencies that have made it big are DNC Advertising and Batey Ads. Both rank among the top 10 agencies in Singapore alongside international giants such as Ogilvy Mather, McCann-Erickson and Leo Burnett. Indeed, Batey topped BT's 1988 agency
      317 words
    • Article, Illustration
      Dragons, dragons everywhere
      238 14 HOLIDAY INN Park View is spending $800,000 to replace its Cantonese restaurant. Fragrant Blossom, with a more upmarket restaurant, also Chinese. Another $350,000 will be spent for a four-month advertising and promotional blitz at the end of this month when the new restaurant opens its doors. Known
      238 words
    • Article
      Company expects $1 million turnover
      107 14 PRESTIGE RESORTS, a resort marketing company, is expecting an annual turnover ot about $1 million from its recent appointment as agents for the vacationsharing Trinity Condominium Complex in Bangkok. A share in the scheme costs between $20,000 and $30,000. which buys a week's vacation at
      107 words
    • Article
      Lock icon Kentucky drops TV ad shot in China; American Express may follow suit
      208 14 NYT THE ESCALATING TURMOIL in China has prompted Kentucky Fried Chicken, one of America's largest advertisers, to drop a television advertisement filmed partly in Beijing. And the American Express Co said in New York on Tuesday that it
      NYT  -  208 words
    • Article, Illustration
      Alfa looks for a new breed of customers
      486 14  -  By JOCELYN TOH THE STAGE is set for a new image for Alfa Romeo a classy, upmarket prestige sports saloon. Image '89 is a corporate exercise to standardise the Italian car company's operations, image and even colour schemes worldwide. It heralds a
      486 words
    • Article, Illustration
      Lock icon Selling to children the fun way
      434 14 FIVE DANCERS in moundshaped. chocolate-covered suits come dancing out of tubes to put on a show. Except they are dressed clumsily, they can't dance, and they keep falling all over themselves trying to look good. This chocolate commercial demonstrates two very simple and yet
      Those Characters from Cleveland, Inc  -  434 words
    • Article, Illustration
      Batey enters ad awards finals
      222 14 BATEY ADS may soon see more creative laurels coming its way as some advertisements created by the agency have achieved the finals in two prestigious advertising awards in New York. The two events were the CLIO awards held last week and the International Advertising Festival
      222 words
    • Article
      Chomel's new Flyers fashion outlet takes off at Centrepoint
      284 14 JUDGING from the merchandise at its opening yesterday, Chomel's new Flyers outlet is set to make an impact as a fashion store for young professionals. Completely different from the other Chomel stores, the 20,000 square feet Centrepoint outlet carry a very
      284 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      308 14 v/ w y/ w lISKW® Ltl'd Holidays from adventurous to Yet the luxuries of world-class hotels and deluxe tours are there for the taking when all you y want is a nice rc,axin K ho,»<lavjJF Avers Rock Stale the world s largest Jm Jp monolith. Or watch it change colours
      308 words
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      Page 14 Advertisements Column 2
      80 14 Wanted Sales Manager Established media selling company representing prestigious international publications for the region has opening for Sales Manager. The candidate selected would be Singaporean or a Permanent Resident, have some media selling experience and a fair knowledge of regioral and international media. The financial package offered would be commensurate
      80 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      193 15 There's a new agency in town with a disarmingly simple advertising philosophy. Well actually, it's a new name for a long established agency. You knew us as led Bates Singapore. We re now BSB Singapore. Part of Backer Spielvogel Bates Wordwide, the third largest advertising agency in the world. And
      193 words
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  • LEISURE
    • Article
      Lock icon Taking a dig at business jargon
      416 16  -  LANGUAGE By MARK R HOROWITZ UPI JUST as science or history or mathematics have their own languages, so too does the business world. From "econometrics" to "random walks" to "sell in" and "sell through", the words and phrases ot business are wrought with meaning
      UPI  -  416 words
    • Article, Illustration
      NY Phil at S'pore birthday bash
      420 16  -  MUSIC By JERRY YAP THE PADANG, historically associated with National Day celebrations and such, will be turned into a Central Park of sorts when the New York Philharmonic plays there on Aug 26. Good music can be had for free at 7pm that evening,
      420 words
    • Article, Illustration
      Lock icon Soft styles for *****' independent woman
      579 17  -  FASHION By SUZY PATTERSON AP STYLES for the early 1990s indicate designers are thinking of women who work, travel and like to feel comfortable in whatever look they choose. Whether based on masculine styles or dressed up for the evening, Paris fashion collections appearing
      AP  -  579 words
    • Article
      Lock icon Legs are back in vogue — with shorts to show them off
      443 17 Legs are back in vogue with shorts to show them off NYT LEGS are coming out into the open. Designers were predicting the move when they introduced their fall collections a few months ago, but with the arrival of warm weather, New Yorkers have jumped the gun. Limbs are shooting
      NYT  -  443 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      269 16 COURYOISIER VS.O.P-WIHEIKIE 110 lENTCCTaVN ONE GOOD REASON TO LUNCH Al IHE PALM GRILL IS OUR APPE TISER BUFFET ANCTHIKR IS THE C JK)K KOK MAIN (XX RSI'S. v« For between $26+ and $40+ vou can select from our appetiser CjRIIJ. buffet including seafood, smoked salmon and oysters. Chtxise from many
      269 words
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      Page 16 Advertisements Column 2
      194 16 Our "zongzi"s are special, oozing with succulent morsels of meat and juicy chestnuts, mushrooms, dried oysters and salted egg yolks. 1?/ ±>p*cuibhi ptepaie? bif out Only for a limited time from June 2 to June 11 at the Ming Palace Chinese Restaurant, Coffee Pot and Cafe Boulevard for the price
      194 words
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      Page 16 Advertisements Column 3
      223 16 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per person.
      223 words
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      Page 16 Advertisements Column 4
      175 16 I no unique rasivoi I liai and Cantonese cuisine. Plaza Hotel w*»»i»coioo«roi»m»tn«c BttCftMSaMHrOTMM mm 9* Ground Floor 24 hours daily I! MS*?* l 4 31 I Temptations served round the clock... only at Cafe Excelsior A delightful selection of western and local favourites Executive Set Lunch $11.50* (Daily except Friday)
      175 words
    • Advertisement
      Page 16 Advertisements Column 5
      210 16 mo 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 j Adult: $25 'Child: $13 JUL Complimentary Cognac
      210 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      199 17 <• <• <• 'DcUtKtf, A*ld Known for their renditions of ballads and jazz. Danny especially is an accomplished pianist, music director and arranger with a wealth of experience, having performed extensively in Scandinavia, Italy. Australia and New Zealand just to name a few. Danny Koh and Frans perform nightly except
      199 words
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      Page 17 Advertisements Column 2
      30 17 Prestige De La France Courvoisier is the only cognac house ever, to receive France's Highest Award for Quality. t.CH.wr m s SOP 'ft* I COGNAC COURyOISIER A f<oanor rd \srAr
      30 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      653 17 CRYPTIC PUZZLE ACROSS 1 A glowing promise that leads to a black time (6) 7 Not easy money, it would seem (4, 4) 8 A bird to pass at a party? (4) 10 Club motorist? (6) 11 Any article aimed at (6) 14 He's cut short but not fully silenced
      653 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1249 17 TV and RADIO mt m m 2s r% v*. fe<l/ei t:39z -■nr?. K>^ 4. «S S*t s£s rw_ 0W CHOICE VAMPIRE AT MIDNIGHT, 10.30pm, SBC 5 Don't Qot your hopes up. This is not really a Dracula-type flick. Rather, a psycho-killer runs amok, harbouring childhood ambitions of being a vampire.
      1,249 words
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  • SPORTS
    • Article, Illustration
      Lock icon Becker and Edberg enter semis
      623 18 FRENCH OPEN UPI STEFAN EDBERG and Boris Becker, epic fighters on grass courts, showed what they could do on clay on Tuesday when they advanced to the semi-finals of the US$4 5 million French Open. Edberg, who last year beat Becker to win Wimbledon, defeated
      UPI  -  623 words
    • Article
      Question mark over participation in Fed Cup
      313 18  -  TENNIS By A SURENDREN THE SINGAPORE Lawn Tennis Association is, figuratively speaking, caught on opposite sides of the court in deciding whether to send a women's team to the Federation Cup competition in Japan in October. The outcome depends right now on getting
      313 words
    • Article, Illustration
      Lock icon Pistons draw first blood against LA
      623 18 BASKETBALL AP THE DETROIT PISTONS, behind the shooting of Isiah Thomas and Joe Dumars, ended the Los Angeles Lakers' chances of an undefeated play-off season on Tuesday with a 109-97 victory in the opener of the NBA finals in Michigan. Thomas, the Pistons' leading
      AP  -  623 words
    • Article
      Lock icon Relief as race entrant breaks radio silence
      140 18 YACHTING AFP A FRENCH ENTRY in the stormbattered Sydney to Noumea yacht race broke two days of radio silence on Tuesday to the relief of race officials. Officials in Sydney said they had been considering alerting rescue officials after silence, since Sunday from
      AFP  -  140 words
    • Article
      Lock icon Australian wins Italian tour stage
      426 18 CYCLING AP AUSTRALIAN Phil Anderson won on Tuesday the 17th stage of the Italian cycling tour, edging four pursuers by a few seconds at the finish line in Meda. near Milan. Frenchman Laurent Fignon, who finished in the pack 15 seconds behind the winner, retained
      AP  -  426 words
    • Article
      Lock icon US-bred colts highly tipped to win Derby
      291 18 HORSE RACING AP THE DERBY, an early summer celebration of England's love affair with horse racing, was scheduled to run for the 210 th time yesterday with bookmakers expecting a tight battle between a pair of American-bred colts. Nashwan, the son of 1977
      AP  -  291 words
    • Article
      Lock icon Nesty feared dead in crash
      77 18 SWIMMING AFP THE FIRST black man to win an Olympic swimming title, Anthony Nesty. was feared dead after a DC-8 airliner crashed in Paramaribo yesterday. Nesty, who became Surinam's first Olympic medallist when he won the 100 m butterfly in Seoul last year, was among
      AFP  -  77 words
    • Article, Illustration
      Lock icon Win or lose, big payday awaits Leonard and Hearns
      469 18 BOXING AP BY THE TIME Sugar Ray Leonard leaves the ring next Monday, he will have earned at least US$25 million for two fights against Thomas Hearns. Hearns won't have done too badly himself, amassing at least US$l6 million for two
      AP  -  469 words
    • Article, Illustration
      Lock icon Australian gunning for WBC title
      271 18 AP UNBEATEN AUSTRALIAN boxer Jeff "Hit Man" Harding flew out of Sydney on Tuesday predicting he would wrest the World Boxing Council light-heavyweight title from British veteran Dennis Andries. Detroit-based Andries, 35, defends his title against Harding in Atlantic City, New Jersey, on June 24.
      AP  -  271 words
    • Article
      Lock icon A boost for Aussie morale
      493 18 CRICKET AFP AUSTRALIA will have been breathing a secret sigh of relief that England all-rounder lan Botham is out of the first Test which begins in Leeds, England, today. The very mention of the Worcestershire star's name tends to turn Australian legs to jelly after
      AFP  -  493 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Yong Pung How — giving his best
      635 19  - Yong Pung How giving his best PROFILE by AMY BALAN NINETEEN YEARS in legal work, and almost 19 years in finance And Mr Yong Pung How excels in both. Mr Yong's testimony from his fellow board members in OCBC Bank was that he had "led the bank safely through a
      635 words
    • Article
      Metal Box Singapore chalks up 16.2 pc increase in earnings
      435 19 METAL BOX Singapore Ltd. benefiting from an all-round improvement in the group s performance, has recorded a 16 2 per cent rise in its earnings For the year ended March 31 1989, the packaging g<-oup chalked up an after-tax profit
      435 words
    • Article
      Amtek sets company
      135 19 SESDAQ-LISTED Amtek Engmee has formed a new company in Malaysia with a paid-up capital o f M 5500.000 The new company AF Technolog Sdn Bhd, which will manufacture pr» cision tooling and metal parts, will fully subscribed at par by Kris Com ponents Sdn Bhd, a 70
      135 words
    • Article
      Winq Tai plans $38m share placement
      441 19  -  FUNDS TO FIN A V By MAGDALENE NG WING TAI HOLDINGS Lt ning to raise some S?8 from the stock market ti share placement to fina recent forays into the market. According to sojrces of 16 million new ?5 e will be issued at
      441 words
    • Article, Illustration
      UOL to spend $20m on renovating President Merlin Hotel
      261 19  -  3y WiLLIAM CHIA UNITED OVERSEAS I 1 is planning a $20-m' facelift for the 525-r< President Merlin Hote a renaming it the Ne x v Hotel UOL acquired the hut' Kitchener Road through wholly-owned subsidiatel Plaza Ltd at an auct earlier
      261 words
    • Article
      Apollo seeks options for Havelock Road property
      619 19  -  By HERMAN PHUA APOLLO ENTERPRISES Ltd is prepared to consider an outright saie of its Havelock Road propr ty if it can secure an attractive offer. This is one of several options the group is currently considering in its development plans for the
      619 words
    • SES
      • Article, Illustration
        Market falls again on heavy selling in the afternoon
        1146 20  -  by JOSEPHINE CHAN HEAVY AFTERNOON SELLING erased the local market s moderate gains yesterday, as the Straits Times Industrials Index continued to fall for the third day. The STII fell 6 39 points to 1,226.74. bringing the week's loss to 80
        1,146 words
      • Article
        Unit trusts
        386 20 Managers' prices OCBC-SIMBL Investment for June 8 Savers Capital Fund 095 099 Savers Trust Fund 0 94 0 98 SinaaDore Unit Trust The Commerce 107 1.13* OUB Investment Mgt The Savings Fund 095 101 Union Global Fund@ 0 84 0 88 S'pore Prog Fund 043 047 Union S'pore
        386 words
      • Article
        COMPANY MEETINGS
        60 20 CITY DEVELOPMENTS LTD: 26th AGM at 16. Rattles Quay #26-00, Hong Leong Building. Singapore today at 11.30 am KING'S HOTEL LTD: 21st AGM at 16. Raffles Quay #26-00, Hong Leong Building. Singapore today at 11.00 am. NEGRI SEMBILAN OIL PALMS BHD: 57th AGM at the registered office, 107-1
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    • Article
      SES SHARE INFORMATION
      6190 20 1989 High Low Tel Code Company Last Sale JUN 07 Gr's Gr's Vol Day Last Quote Dlv Dlv Y ld Net M Cap tor- ('000) High Low Buyer Seller C'vr PIE $mll DEBENTURES, BONDS, LOANS 284 124 X 45% 14% t 87% 82 X 66 17 1
      6,190 words
    • COMPANY NEWS
      • Article
        Lock icon Two units of Tan Chong have potential for separate listings
        705 21 CAR PARTS MANUFACTURING, COSMETICS HAVE GOOD TRACK RECORDS: BROKERS MBT MOTOR GROUP Tan Chong Holdings may consider its car parts manufacturing and cosmetics operations as having good potential tor separate listings on the Kuala Lumpur Stock Exchange, say stockbrokers UMBC
        MBT  -  705 words
      • Article
        Lock icon Pilecon expects performance to improve
        374 21 Bernama PILECON ENGINEERING Bhd expects its results for the current year to be better than that of the year ended Dec 31. 1988. given the continuing upturn In the economy, chief executive director Mr Hong Lee Pee said. Barring unforeseen circumstances. the board also expects
        Bernama  -  374 words
      • Article
        Lock icon Sitt Tatt forecasts M$4.7m pre-tax profit for the year
        415 21 Bernama SITT TATT Bhd, which manufactures industrial gases, has forecast a group pre-tax profit of not less than M 54.7 million for calendar 1989 Chairman Saw Chong Thuah said in a circular to shareholders that the forecast was based on the
        Bernama  -  415 words
      • Article
        Lock icon Bolton set for a spate of property projects
        226 21 Bernama WITH THE improved Malaysian economy, Bolton Properties Bhd is looking forward with greater confidence and is now poised to embark on a string of projects, chairman Tan Sri Lim Thiam Leong said. He said in the company's latest annual report that
        Bernama  -  226 words
      • Article
        BONDS, LOANS & WARRANTS
        710 21 BONDS, LOANS WARRANTS Company Coupon Conversion ported >' i ayabte Conversion term for one ordinary ■(tare dale CK Tang Wrti *****990 Chwon Hop Wrti 1991 CKy Dev Bonds 1994 Oty Dev W m 1992 G Corp CULS 1989 G Corp CULS 93 1993 H Prop fcondi 1993 H Prop Wm
        710 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Goodman Fielder attempts IEL takeover
        508 22 Reuter AUSTRALIAN FOOD GIANT Goodman Fielder Wattie Ltd is proposing a takeover of Industrial Equity Ltd (lEL) at AJ2.40 cash plus one Goodman Fielder share for every two shares in lEL, Mr Rodney Price, lEL's chief executive, said. He said Brierley Investments Ltd (BIL) has
        Reuter  -  508 words
      • Article
        Lock icon Taiwan firm to explore new Philippine oil site
        205 22 Reuter MANILA has granted a permit to a Taiwan firm to explore 344,000 hectares covering onshore and offshore areas in the central Philippines for possible oil reserves after seismic surveys showed hydrocarbon potential. The Office of Energy Affairs (OEA) said the state-run
        Reuter  -  205 words
      • Article
        Lock icon Tycoon plans world's biggest hotel in Manila
        216 22 AFP FILIPINO-BORN Taiwanese billionaire Tan Yu plans to build what he says will be the world's largest hotel in Manila at a cost of US$5OO million starting next month, the Business World newspaper reported. Mr Tan, owner of the Asiaworld Plaza hotel complex
        AFP  -  216 words
      • Article
        Lock icon Hooker sells 18pc stake in property arm
        124 22 AFP HOOKER Corporation Ltd has taken the first step in its planned Asl billion assets sale to reduce its group debt. Hooker said it had sold an 18.1 per cent stake in the Sydney stock ex-change-listed Hooker Property Trust, together with the management
        AFP  -  124 words
      • Article
        Lock icon Korea's Daewoo threatens to shut shipyard
        212 22 Reuter DAEWOO SHIPBUILDING and Heavy Machinery Co, South Korea s second largest shipbuilder, has threatened to shut down its shipyard after workers voted in favour of a full strike. A company spokesman said the yard on the southern island of Koje would close if
        Reuter  -  212 words
      • Article, Illustration
        Lock icon Stocks close higher
        570 22 Tokyo Reuter SHARE PRICES on the I Tokyo exchange close higher yesterday but off i their highs after an erratic i day. A burst of indexlinked buying by investment trusts boosted the 225-share Nikkei index at the close. The trusts aimed to counter selling pressure from arbitrageurs
        Reuter  -  570 words
      • Article, Illustration
        Lock icon Stocks end firmer
        496 22 Australia Reuter AUSTRALIAN share prices were firmer at the close of floor trading yesterday as investors consolidated earlier gains, dealers said. At the close, the All Ordinaries index was 10.7 points higher at 1,533.3. Brokers said the market was performing well after having taken its lead from
        Reuter  -  496 words
      • Article, Illustration
        Prices end higher in erratic trade
        1326 22 Hongkong SHARE PRICES on the Hongkong exchange closed higher yesterday after a day of volatile trade ruled by news from Beijing. The Hang Seng index ended 74.95 points higher at 2.224.66 The Hong Kong Index rose 95.61 to 1.510.97. The Hang Seng Index surged
        1,326 words
      • Article
        Lock icon Taipei: Modest rebound
        523 22 AFP SHARE PRICES on the Taiwan stock market gained a modest 39 points yesterday after two days of precipitous declines in reaction to the weekend massacre in China and political instability there. The weighted price index gained 39 points to close at 8,720.55 compared with Tuesday's 8.681.55
        AFP  -  523 words
      • Article
        Lock icon New Zealand: Small gains
        190 22 Reuter THE NEW ZEALAND share market managed to gain a little ground yesterday despite the dampening effect of Magnum Corp going ex its NZ$l.25 dividend. The index rose 3.60 to 1,881.67. Brokers said the market closed well bid, but direction depends on the outcome of announcements
        Reuter  -  190 words
      • Article
        Lock icon Bombay: Higher close
        178 22 Reuter SHARE prices on the Bombay exchange ahot up on a broad front yesterday on heavy institutional buying and cheered by reports of good monsoon rains across southern India, brokers said. -The rains reassured the market that it can look forward to remarkable improvement in corporate workings."
        Reuter  -  178 words
      • Article
        Lock icon Bangkok: Index up
        164 22 Reuter THE Securities Exchange of Thailand Index edged up 3.00 points to 561.33 level yesterday on a turnover of 9,513,590 shares worth 1,063.24 million baht. Reuter JUNE #7 »A»" AO Kham Thai 404 Ayudhya Invaatmant 38 50 Bangkok Aground Bangkok Bank 267 Bank Of Ayudhya 330 Charoong
        Reuter  -  164 words
      • Article
        Lock icon Manila: Slightly firmer
        175 22 Reuter PHILIPPINE shares yesterday firmed slightly from a two-day decline after cautious buying, brokers said. The Manila Stock Exchange Composite Index finished 1.45 per cent higher at 1,029.78 points from Tuesday's 1,015.07. Apprehension about China's political chaos which influenced early week trades eased but still lingered, they
        Reuter  -  175 words
      • Article
        Lock icon Jakarta: Bout of selling
        81 22 Reuter SELLING ahead of a new share issue yesterday pushed turnover up to 46.083 from Tuesday's 8.800. and sent the market index down 3.3 points to 297.3. "Everybody's selling their shares. They want to buy Dharma Arta." one broker said, referring to insurance company Bina Dharma
        Reuter  -  81 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks stage partial recovery
        846 23 New York Reuter WALL STREET stocks staged a partial recovery on Tuesday after a volatile session punctuated by flurries of program selling and program buying. Traders said stocks followed bonds most of the day. The stronger dollar supported both markets, they added. The Dow Jones Industrial
        Reuter  -  846 words
      • Article, Illustration
        Lock icon Equities easier at midday
        948 23 London Reuter AFP EARLY gains were wiped out by the end of morning trading on the London stock market yesterday, with events in China still weighing on sentiment. At noon the Footsie 100 shares index was down 0.7 points on Tuesday's close at 2,106.7 points. Gilts
        Reuter; AFP  -  948 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1698 23 Reuter FRANKFURT: Easier domestic interest rates, the latest economic data from Bonn and a seemingly continuous flow of positive corporate results combined to boost West German shares 1.5 pet higher yesterday to new 1989 and post-crash highs. The real-time 30-share DAX index, which on Tuesday took a
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      • Article
        Lock icon Paramount chief a tough man of action
        607 23 From college dropout to chief executive NYT ONE YEAR into his job as chairman and chief executive officer of Gulf and Western, Martin S Davis told a reporter, "I don't like unfriendly takeovers, and I won't participate in them.'' Circumstances clearly have changed
        NYT  -  607 words
      • Article
        Lock icon Rejection of bids by NWA could start a suit
        272 23 Reuter NWA INC's rejection of bids to buy the company has disappointed and frustrated shareholders eager to see the airline sold, and could rekindle a shareholder suit. "We are wondering if there is a conscious good faith attempt on the part
        Reuter  -  272 words
      • Article
        Lock icon Nabisco sells European food units to French group
        731 23 RJR NABISCO NYT RJR NABISCO INC is selling five of its European food businesses to BSN. France's largest food company, for US$2.5 billion. RJR Nabisco said the sale of these cookie and snack businesses was part of a plan it had agreed
        NYT  -  731 words
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      90 19 BUSINESS OPPORTUNITY IN RESTAURANT CHAIN Under licence from the most recognized Indonesian restaurants chain in Indonesia, our organization has since iast year suecessfully established three Indonesian restaurants in elite shopping areas o' Singapore with central commissary facilities Due to our planned expansion in other Asean countries, we seek a qualified
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      Page 19 Advertisements Column 2
      164 19 CURRENCY INVESTMENT I AMERICAN EXPRESS IUN K TEL: 321 3333 OUB Share Margin i nancing xlicmc jffrTjji. A r L* /a More shares for your investment dollars W vour funds locked up in stocks and sh ires? Wouldn t it Iv threat it \-ni can iw them vet, .it the
      164 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      392 22 THE COMPANIES ACT, CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION JACOBS, YOUNG WESTBURY (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Jacobs, Young Westbury (Singapore) Pte Ltd held on the Ist day of June 1989, the following special resolutions were duly passed: 1) That the
      392 words
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      Page 22 Advertisements Column 2
      143 22 SINGAPORE AIRLINES LIMITED (Incorporated "> the Republic of Singapore) LOST SHARE CERTIFICATES The undermenfoned share certificates have been reported lo»t. m.slatd or destroyed Certificate Nos In the Nam* of A *****09 DBS Nominees (Private) Limited A *****21 DBS Nominees (Private) Limited A *****25 DBS Nominees (Private) Limited A *****32 DBS
      143 words
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      11 22 When people want quick results, they call CATS. CAtl 717-1 «*4
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  • Page 23 Advertisements
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      9 23 l^vcik^aryof^ mm Available at all good bookshops Federal PuWteattons
      9 words
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      Page 23 Advertisements Column 2
      188 23 «LQ-SI GOLD COIN LIMITED NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Twenty-Sixth Annual Genera! Meeting of the Company will be held at its registered office, 421 Tagore Avenue, Singapore 2678, on 30 June 1989 at 12 noon for the following purposes: 1. To receive and, if
      188 words
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  • Article
    Lock icon Paramount makes USslo.7b hostile bid for Time Inc
    869 24 MOVE LIKELY TO SET OFF BATTLE AMONG MEDIA COMPANIES NYT IN A MOVE expected to set off a nasty battle involving some of the America's most visible media and entertainment companies. Paramount Communications Inc. the newly renamed Gulf and Western Inc, has
    NYT  -  869 words
  • Article
    Stanchart expected to axe 250 jobs in London
    259 24 STANDARD CHARTERED pic is disclosing details of its corporate restructuring today in London, which, according to British press reports, will include the announcement of 250 job cuts. The restructuring is part of a strategic review began by chairman Rodney Galpin when he
    259 words
  • Article
    Lock icon Taiwanese trade surplus hit 20-month peak in May
    180 24 Reuter RECORD EXPORTS in May pushed Taiwan's trade surplus to a 20-month high and officials in Taipei said yesterday that the increase was from a switch of foreign orders to the island after labour strikes in South Korea. Official figures show May
    Reuter  -  180 words
  • Article
    Lock icon Visit fruitful, says Penang Chief Minister
    133 24 Bernama PENANG Chief Minister Or Lim Chong Eu yesterday described his two-day visit to Singapore to woo investors as "fruitful". Speaking to reporters upon his arrival in Penang. Dr Lim said that he expected better ties between Singapore and Penang based on his discussion
    Bernama  -  133 words
  • Article
    Lock icon Bush adviser sees US inflation slowing
    179 24 Reuter THE CHAIRMAN of the White House Council of Economic Advisers, Michael Boskin, said that he saw the US rise in prices slowing later this year. "We believe that inflation will stabilise in the second half of the year, he said in a speech
    Reuter  -  179 words
  • Article
    Lock icon Moderate defence build-up for Japan
    210 24 UPI NEW Japanese Prime Minister Sousuke Uno told Parliament yesterday that Japan would never i be a military power and use moderation in boosting its defence capability. "Japan's diplomacy seeks peace. Japan is an economic power but it will never seek to be a military
    UPI  -  210 words
  • Article, Illustration
    Lock icon Multinationals rethink business presence in China
    382 24 ECONOMIC REACTION Jf The question Reuter BLOODSHED and political turmoil in China have forced multinational investors to postpone or review at least six major projects in Hongkong and China, banking and other sources said in Hongkong Hopewell Holdings, a locallylisted property company, has stopped
    Reuter  -  382 words
  • Article
    Lock icon Barrage of protests and condemnation continues
    294 24 WORLD REACTION Agencies TURMOIL in Beijing yesterday continued to provoke a worldwide chorus of protests against the violent suppression of prodemocracy demonstrators. In the toughest measures announced to protest against the crackdown, France, Holland and Sweden froze diplomatic relations with China, while the US,
    Agencies  -  294 words
  • LATE FILE
    • Article
      Lock icon King celebrates 61st birthday
      32 24 AP MALAYSIA'S king. Sultan Azlan Shah, celebrated his 61st birthday in Kuala Lumpur yesterday and said he was glad that Malaysia continued to be peaceful and prosperous. AP
      AP  -  32 words
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      Lock icon Soviet party choices approved
      45 24 UPI THE SUPREME SOVIET yesterday approved Communist Party-backed nominees for the key posts of Prime Minister and head of the People s Control Committee while President Mikhail Gorbachev shunted arch rival Boris Yeltsin into a relatively meaningless role overseeing architecture. UPI
      UPI  -  45 words
    • Article
      Lock icon Marcos has surgery
      54 24 Reuter FORMER Philippine president Ferdinand Marcos, listed in critical condition with heart, lung and kidney failure, had an operation in Honolulu on Tuesday to remove an abscess on his pancreas. Hospital officials said the operation was not a life-or-death matter and he was expected to have little
      Reuter  -  54 words
    • Article
      Lock icon 162 feared dead in plane crash
      58 24 Reuter A PLANE crashed in thick fog near the Paramaribo airport in Surinam yesterday, killing 162 people. Quoting radio and the army high command, the official Surinam News Agency said there were 15 survivors on the plane, on a flight from Amsterdam, which went
      Reuter  -  58 words
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      Lock icon HK toughens stand on refugees
      51 24 Reuter THE HONGKONG government yesterday threatened to suspend asylum for Vietnamese boat people unless other countries helped end an overwhelming flood of refugee arrivals. Secretary for Security Geoffrey Barnes said he hoped a conference on refugees in Geneva next week would help resolve the problem.
      Reuter  -  51 words
    • Article
      Lock icon Korean shipyard workers to strike
      44 24 AFP THOUSANDS of workers at South Korea s Daewoo shipyard voted yesterday to strike in support of wage demands, in spite of a warning by the management that the giant shipyard would be shut down if they struck. AFP
      AFP  -  44 words
  • Article
    Lock icon More Jobless
    48 24 AFP THE NUMBER of unemployed in South Korea rose to 548,000 or 3.4 per cent of the labour force in the first quarter of this year, with about 113,000 more people jobless than in the first quarter last year, the state Economic Planning Board said yesterday.
    AFP  -  48 words
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      197 24 of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens. elegant one or two bedroom suites right hi the heart oft>rchard Road. At The Ascott. we take pride in giving our clients their own home. A spacious, private living environment that oilers the ultimate in luxury and convenience. We
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      9 24 Paramount chief a tough man of action, PAGE 23
      9 words
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      Page 24 Advertisements Column 3
      162 24 In the world of business. Selex has been tested and proven to be a great wonder in long-term peak performance it is well known throughout the world for its consistent reproduction of crisp clean copies even after years of hardworking service Selex is also a world authority in copying technology
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      15 24 18M PAGE 18 US— PAGE 22 Tha Comtx report was no! available at praaa tlma
      15 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Shanghai port paralysed
        72 25 Reuter OPERATIONS at the Chinese port of Shanghai have been paralysed, but other major ports are functioning normally, Tokyo shipping sources said. Traffic jams in China's biggest city after the bloodshed in Beijing made it impossible for lorries to reach port areas, stopping containercargo loading, they said.
        Reuter  -  72 words
      • Article
        Lock icon Reefer vessel abandons voyage
        62 25 Reuter THE Cypriot refrigerated motor vessel Frio Ecuador, bound for Rotterdam from Durban, has abandoned its voyage at Cape Town after sustaining major engine damage, Lloyds Shipping Intelligence Service reported. The 9,750 dwt vessel will dispose of its cargo of 3,500 tonnes of Chilean fresh fruit
        Reuter  -  62 words
      • Article
        Lock icon Norwegian ship damaged by storm
        65 25 Reuter THE 16,000 dwt Norwegian container ship Nortween Vilja, bound for Portugal from Durban, called at Cape Town on June 2 after being damaged in stormy weather, Lloyds Shipping Intelligence reported. A survey showed that containers have collapsed, the tank top in no 3 hold
        Reuter  -  65 words
      • Article
        Lock icon Rauma-Repola revamps operations
        99 25 Reuter FINLAND'S Rauma-Repola Oy has reorganised its shipbuilding and marine technology operations into two separate companies as part of its policy of giving business units greater independence. Its Rauma and Uusikaupunki yards would form Rauma Yards Oy while its engineering works at Matyluoto and Kalajoki would form
        Reuter  -  99 words
      • Article
        Lock icon US tanker rescues refugees
        141 25 Reuter A TOTAL of 173 Vietnamese refugees rescued by a US tanker arrived in the western Japanese city of Osaka on Tuesday, a Japanese immigration office spokesman said. The liquefied natural gas tanker Capricorn rescued the refugees 480 km off Vietnam's east coast after they signalled
        Reuter  -  141 words
    • Article
      Aussie reform plan for waterfront industries
      273 25 THE AUSTRALIAN government has announced a three-year plan to reform Australia's shipping and waterfront industries. Introducing the plan to the Australian parliament on June 1, the Minister for Transport and Communications, Mr Ralph Willis, said it would achieve savings in the economy approaching US$7OO
      273 words
    • Article
      Index to advertisers
      767 25 ABC Container line XI 5 Accord Shpg VIII 3/4 Arrow lines XI ANl III 1/2 APC line VII APt V ASCI V Austrasia Ime Vlt Boll Conado line IX Bolt Orient line IX Baltic Orient Shpg XI Bangladesh Shpg VII Bonk line VII BBS IV Ben line
      767 words
    • Article
      Lock icon Wescol Man to trade in freight futures
      219 25 Reuter A LEADING world shipping services group and an international commodity firm have formed a joint-venture to trade international freight futures in London. Wescol International Marine Services, part of the TSB Group and E D and F Man International Ltd, said they created
      Reuter  -  219 words
    • Article
      HK's port plans and register likely to be delayed
      374 25  -  By VONNIE BISHOP HONGKONG'S proposed autonomous shipping register plus port development plans could be delayed by the present troubles in China. The director of the Hongkong Shipowners Association, Mr Michael Farlie, said in the long term the implementation of the new
      374 words
    • Article, Illustration
      SCCCI views Rotterdam, Bremen as likely gateways to EC
      589 25  -  Trade mission to leave for European ports next week By RAHITA ELIAS THE Singapore Chinese Chamber of Commerce and Industry is looking at Rotterdam and Bremen as likely gateways to the European Community in anticipation of 1992. A trade mission from
      589 words
    • Article
      Sharp rise in Manila's cargo throughput
      217 25  -  By AL O LABITA Jr PHILIPPINE ports recorded brisk cargo handling business this year. The Philippine Port Authority (PPA) said overall cargo throughput this February rose 15.6 per cent to 6.9 million tonnes compared with the same month last year. "The significant increase in
      217 words
    • Article
      Lock icon India to develop more ICDs, box freight stations
      1645 26 Intermodal Asia INDIA is recognised as a major world power, but in terms of international trade this is far from a reality. India's trade share is down to 0.5 per cent from the 2 per cent of a few years ago, while
      Intermodal Asia  -  1,645 words
    • Article
      Lock icon Officials stop drunken Exxon engineer from boarding ship
      356 26 UPI AN Exxon-chartered tanker engineer was too drunk to sail and was not allowed to board his ship it left without him under Alaska's tough new no-al-cohol enforcement policy, a spokesman for the Alaska pipeline company said. .A second, crewman from another
      UPI  -  356 words
    • Article
      Shipping events
      392 26 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. Jane 13 to
      392 words
    • Article, Illustration
      Port Conditions
      273 26 All surveys were conducted on May 23. ASIA Bangladesh: Chittagong 25 vessels operating. India: Calcutta, Madras and Bombay Waiting time of up to five days. Cochin Waiting time of up to three days. Kandla Waiting time of up to two weeks. Pakistan: Karachi Waiting time of up to
      273 words
    • Article
      Who acts for whom ...
      2313 26 Who acts for whom A —B AB Shipping Bouataad Shpg Agenciea (S) ABBS Lin* S M S Pte Ltd (S)/Tun*a Setia (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Lin* (PK/PN) Ahr*nki*t Lin*r Kim Shpg (S) A tired C Toepfer Oc*anua Shipping Agency (S)/Multiport
      2,313 words
    • Article
      Lock icon NEAC plans to adopt two rate agreements
      255 27 Lloyd's List A BID to modernise the conference covering trades between the US and northern Europe could result in the disbanding of six conferences currently operating on the routes in favour of two carriers rate agreements. Manuel Diaz, spokesman for a group of
      Lloyd's List  -  255 words
    • Article
      London Freights
      585 27 FREIGHT market rates on Tuesday appeared to be stabilising after the recent sharp decline, aided by news that US exporters had sold 1.85 million tonnes of wheat to China The Baltic Freight Index (BFI) fell a modest five points, following Monday's 34 point decline and Friday's record 103
      585 words
    • Article
      Lock icon Weekly Freights
      278 27 AFP ALREADY reduced demand for grain carriers tailed off steeply over the past week, especially on the important US Gulf to Japan and Europe routes. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index (BFI) fell 183 points to 1.484, including a 103-point fall on Friday alone.
      AFP  -  278 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5821 34 AARHUS Eve Heidelerg Express. Triot. June 16 7(PK). Pac Snwi|aya. D|asagetri. June 7/9 Jun Kowloon Bay. Triot, June 8 Mir Laust Maersk. Maersk Line, June Nej 8 Vill Ming Comfort. Yang Ming. June Juri 10 Eve Ville de Saturne, CM D'Affrete- Ev(
      5,821 words
    • Article
      SHIPS IN PORT
      1765 36 AT CONVENTIONAL WHARVES Vtml Voy No Berth Arrival Departure KEPPEL WHARVES Con Furono 09A03 KI6 alongside 0906/ 2300 Con Hoyofo 07B5I KI5 alongside 07 06/ 1830 Eastern Gl I6E KI8 alongside 07 06/ 1500 Equator 3 20/89E K20 alongside 08 06/ 0700 G Harvest 1/89 K33 alongside
      1,765 words
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      12 25 A lively way with words Available at all good bookshops Federal Publications
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      18 25 ..X Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      18 words
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      Page 25 Advertisements Column 3
      575 25 THE SPEC/AUSTIN t Wire Rope Slings Lashing Materials 9 TESTING INTERMARINE SUPPLY CO. (PTE) LTD. TEL *****33 (6 LINES) TIA NCCO RS ***** FAX 2154(77 INSIDE Selling the right image INDIA is recognised as a major world power, but in terms of international trade this is far from a reality.
      575 words
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      1174 27 WW IVJuoK-J K> JARDINE SHIPPING AGENCIES 200 Cantonment Read #12 05 Southpoint, Sngapore Q2fld Tel *****11 TFLFX NO RS ***** TERMINAL CFS (el *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KUANG Tft *****18 Tele. No MA***** MAJ97OI PENANG TEL *****4 TELEX NO MA***** CES
      1,174 words
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      Page 27 Advertisements Column 2
      908 27 This week Lais M Closing Time CV 13/6 0400 MRS CFS 12/6 1800 MRS This wee* Lars M Closing Time CV 13/6 0400 MRS CFS 12'6 1800 MRS LARS M LAURA M REGINA M LEXA M MCKINNEY M LEDA M LICA M MARIT M This wee* Laust M Closing Time
      908 words
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      775 28 u Hapag-Lloyd rnNTAINER SERVICE TO UK/CONTINENT I P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP KOWLOON BAY HARTFORD EXPRESS ALASKA MARU MONTE ROSA LARGS BAY CITY OF EDINBURGH LONDON EXPRESS KASUGA 1 LE HAVRE 2 n ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI.
      775 words
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      Page 28 Advertisements Column 2
      520 28 COLUMBUS LINE REEDEREI GMBH SERVICE OF HAMBURG SUD) EXPRESS SEMI-CONTAINER SERVICE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) MORAYBANK VIOS COLUMBUS NIUGINI V7S SPORE 13/6 Port Moresby. Lae, Rabaul. Kimbe. Orobay (Direct) 30/6 Port Moresby. Lae. Rabaul. Accepting LCI cargo (or main ports discharge and alto to Wcwak. Kavieng, Kieta. Honiara via
      520 words
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      Page 28 Advertisements Column 3
      1061 28 r IUJ Cn iLs REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE NORTH SEA 912 W 14/6 15/6 16/6 11/7 14/7 15/7 16/7 17/7 IS/7 NORASIA SINGA 8913-3 21/6 22/6 23/6 18/7 20/7 21/7 22/7 23/7 24/6 NORASIA Al MUNTAZAH 8914-3 28/6 29/6 30/6 26/7 27/7 28/7 29/7 30/7 31/7 NORASIA
      1,061 words
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      1308 29 Steamers Maritime Holdings Ltd P&O Container s I CONTAINER SERVICE TO UK/CONTINENT: HtIOCKRC tXPHISS KONIOOM SAT HARTFORD EXPRESS MONTE ROSA ALASKA NARU LARGS BA» CITY Of EDINBURGH KASUGA i Also Accepting Cargo For: M p —jw.rg to CoptflhJgtn. Ajrhus. Gothenburg, Malmo. Stockholm. Mtlsinfci. Soeiirturg Rotttntem to Antworp. AmtfrOtm Mo. Bnlt.
      1,308 words
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      Page 29 Advertisements Column 2
      1237 29 fjfcXHO YANG LINE WESTBOUND HANJIN ROTTERDAM 003* CHOYANC CHANCE 047W HANJIN MASAN 049W HANJIN LEHAVRE 002W Alto accepting for Inland UK destinations Antwerp and Scandinavian port* FMG FLOTA MERCANTE GR ANCOLOMBI AN A S A (NATIONAL LINE OF COLUMBIA) WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLT CONTAINERISED SERVICI EASTBOUND HANJIN LEHAVRE
      1,237 words
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      Page 29 Advertisements Column 3
      301 29 Hai Sun Hup Co (Pte) Lid TEL *****06 (20 Llnet) TLX R5220«1 4 RS?O*72 fc. KASTKUN CAR LINKK. LTD STMITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! NOTE: ALSO CALLING OTHER JAPANESE FONTS. HONOR TAIWAN t CHINESE FONTS. SUBJECT INDUCEMENT L IML INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS
      301 words
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      674 30 SINOSE J MARITIME PTE LTD M ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN BAYAN PJL7OO Singapore Loading for: In port BANDAR ABBAS TO TO SOUTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V 37 KYOWA VIOLET V 26 LOAO FOR: GUAM. SAIPAN. HRA. VILA NMA LTK. SVA. PAGO. APIA
      674 words
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      Page 30 Advertisements Column 2
      1025 30 HANJIN SHIPPING CO., LTD ■ON rAtNERISED >FR\ t'.T TO EUROPE VIA SUEZ LcHavro R dim N buff 8 h»»«n Fitowo HANJIN ROTTERDAM OD3W CHOYANG CHANCE 04m HANJIN MASAN M 9* HANJIN LE HAVRE 002W TO TAR EAST PORTS S'por* HANJIN LE HAVRE 001E 12/6 QUEEN S WAY BRIOGE OME 19
      1,025 words
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      Page 30 Advertisements Column 3
      1273 30 EVERGREEN Fu'l Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ever greet EVER GOLDEN EVE* GLOBE EVER GENIUS EVER GIANT pari SCP MUG KSG KLC PUS MKT OS* TVO BAL IHV AN* ROM U*6 14*6 2*l* 27*6 29/06 01*7 W 29£ 07« 10« 11*8 20/06 2UK 2i/0S 30/06 03/07 0507 0707 1007
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      1012 31 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 JKT SBY VOY SIN USB 7/6 "8 12NB 3958 16/6 19/6 21/6 40NB ♦3SB 30/6 3/7 5/7 44N8 ACCEPTING MURURAN/TOMAKOMAI/HITACHI CARGO VIA HKG SIN HKG KAO
      1,012 words
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      Page 31 Advertisements Column 2
      443 31 lr% BEN LINE *Vk CONTAINERS EXPRESS CONTAINER SERVICE TO STOW HOI 71% nn S POd( P KIANG He doibcrg fipres* M 1% Kow'oor Bay Ik Hartford Ciprest W Alaska Mara 144 It k Monte Rosa IS I Largs Bay 21 k Ut Ctty of Edinburgh 22 k London liprtts 71k
      443 words
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      Page 31 Advertisements Column 3
      409 31 DJASAGETRI A Joint Europe Service Oft P.T. rJAKARTA LLOYD P.T. SESUHI LLOYD P.T. SAMUDEM INDONESIA P.T. THIKORA LLOYD "express semi containership services] SIHfiAPOBE TO EUROPE S PANJANG 22 WB KUTAI/'7WB SPORE ANTWERP HBURG/ ROAM ADAM BREMEN 14-17/6 13/7 16/7 (ACCEPTING CONVENTIONAL ANO CONTAINERISED CARGO) 27-29/6 26/7 31/7 (ACCEPTING CONVENTIONAL AND
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      Page 31 Advertisements Column 4
      437 31 BOUSTEAD SHIPPING AGENCIES LOIKAW VI46M HTONEYWA V24BW PA AN VI39W SITTKKAY V4OW PAGAN V 142*1 BASSEIN NORTHBOUND TO UKC IVYBANK V24N TAUSALA SAMOA VISN CLYDEBANK V26N MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok THE BANK LINE SEMI-CONTAINER SERVICE RDAM HMBG HULL 14/7 18/7
      437 words
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  • Page 32 Advertisements
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      965 32 BEkMM OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE Kline KAWASAKI KIShN KAISHA. LTD. N. AMERICA-ATLANTIC COAST VOY 'INDO 14 5/6 •PK/PNG SGP OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE 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 17/5 20/5
      965 words
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      Page 32 Advertisements Column 2
      688 32 j sua AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL7FCL Containers KALIOAS 43 3 July 2 TULSIOAS V 42 26 July 2 KALIOAS V 44 24 Aug t TULSIOAS ¥.43 IS Sept Transit time Singapore Melbourne 11 days P Kelang Penang Loading lor By Feeder By Feeder 27 June 27 June Frem
      688 words
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      415 32 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD SINCAto/E'OIM'TTL U43SH (10 LINES) Fjt U***** STRAITS/PERSIAN GULF SERVICE: COIOEN HARVEST Cotombo DuUi GOLDEN WONDER Cotombo K*«di. Dub*. CHINA SERVICE GUSMAN Oatun S'pofe P In Pi 1120 June P Kelang Penang CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA UKCCOWVPC
      415 words
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      Page 32 Advertisements Column 4
      561 32 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD cO7-12 AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 UST/FM EAST FCt t LCI I ETA SINGAPORE I DESTINATION rm H KONG KOBE. TOKYO. KEELUNC, m KAOHSIUNG. MANILA. BANGKOK. B BUSAN JAKARTA COLOMBO. KARACHI. BOMBAY MADRAS. CALCUTTA NEW
      561 words
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      1263 33 Agents S pore NEPTUNE AGENCIES PTE. LTD General Bookings Bookings Inward, Terminal Enquiries EE EU/AUST TP A; SEA Outward *****22 *****77 *****53 *****42 *****44 *****19 *****16 *****18 *****48 (CR NO. **********0E) NEPIINE SON BHO NEPTUNE ORIENT LINES LTD EXPORT IMPORT TO" EUROPE UK (VIA SUEZ) S«.P MOTHKK VSL/VOV tO 06
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      Page 33 Advertisements Column 2
      879 33 m 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 ***** PfNANC P "HANG MCSSRS MAI THONG SHIPPING 12? P««ang Street Penn* Mai»»va */S HANDLING SYSTEM CO
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      378 34 ■ft V VEB DEUTFRACHT SEEREEDEREI ROSTOCK < I INTEGRATED CONTAINER SERVICE i .'tMßfi? Of EACON SERVICE 1 TO EAST MEDITERRANEAN t ;ORTH CONTINENT EUROPE I OUTBOUND SIN *LCA ANT RDM HI r JENDA 1W 15,6 1/7 10/7 10/7 M S2E 15(6 i M BERSTADT VI 89 206 ISM 18 11
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      Page 34 Advertisements Column 2
      68 34 T.S.K. LINE] V WtlKlY CONTAINIBIStO StAVICt J™ 1 wirx fixgp DAY ARWIVAC CMEim HfRM€S ACE V/ 2 rjTJB E-fl HERIKS ACE V?? HfRMfS *Ct V? 3 lit ill 9,7 107 12;/ 114/7 1117 I Hi 7 EXPORTS TO SURABAYA TSKLINE AGENCIES (S) PTE LTD TEL: *****68 NYK AGFNCIES (M) SDN
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  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      162 34 Regional Weather m l\ is I m "a S a r~u j i p i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. JuneS, 1989 RT /N\ Tbunderstofm Weotb** W,nd d»'ect.on w.th speed m knots Showet Q Ron Wo»f he»gbt Cloudy Sky Surtoce ».ndl O'* .ndkoted b» 0"0« »h.ch »t»
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      327 35 I r~ UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE IBN ALROOMI ETA S PORE LOADING FOR 15/6 Iraq/Japan THROUGH B Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE UPTO
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      Page 35 Advertisements Column 2
      275 35 m m RICHFIELD MARINE AGENCIES |S| PTE LTD TEL *****33 (10 Lines) FAX *****15 TELEX RS ***** RISHIP (3 Lines) (National 11 MS of Ethiopia) ACCEPTING FCL AND CONVENTIONAL NETSANCT 12 6 DABESSALAAM MOMBASA ftJffIOUTI VOV 15WB ASSAB MASSAWA MOOEIOAM ABBA* WONZ 17/7 OARESSALAAM MOMBASA DJIBOOTI VOY 20WB ASSAB MASSAWA
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      Page 35 Advertisements Column 3
      983 35 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 35 Advertisements Column 4
      182 35 BALTIC ORIENT SHIPPING PTE LTD. bay of bengal service KIWI CAI H*l CHTT COl VIETNAM RO/RO LO/LO SERVICE imtTiA t JEtrUiEl nm m m 301 Ml/7 34/7 1-4/7 CONTACT PERSONS TELEPHONE NO. TELEX/FAX NOS. OFFICE ADDRESS MR ROBERT OH/ HENRY/ ANWAR/ PETER LOO *****71, lines) RS 20*40 BALTRA/*****73 79 ROBINSON
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      Page 35 Advertisements Column 5
      79 35 sJ&FARGO SHIPPING Te1:224 0122 fc~(; REGULAR EXPRESS FCI it ICI SERVICE CONTAINERLINE ABC 1A TO AUSTRALIA/NEW ZEALAND Vfi. ANTWERKN 22» TUT EXP*ESS m i Huoic m k PUSS EL 211 f?Tl|-~7T Alto accepting carfo to:australia NEW ZEALAND TO USA/CANADA Adelnde Briabane Wellington Napier. Chrutchurch 19 DATS FROM FOB/MARSEILLES FROM USA/CANADA/EUROPE/MEDITERRANEAN
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      182 36 "PTE LTD I KAMPUCHEA SER Vessel Voy ETA ETO Destn ANABAS V8905S In Pt 18/6 Kampongsom TZU HANG V8907S 19/6 23/6 Phnom Penh TEL *****07 TLX ***** FAX *****76 ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Liner services accepting FCL containers (GP and reefer), LCL and breakbulk cargo lor both
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      Page 36 Advertisements Column 2
      33 36 o SUN UNION LINE REGULAR SERVICE TO KARACHI S PORE LOADING FOR OCEAN HAWK Vll6 22/6 KARACHI Ao.nt. SMIBUSAWA MEISHIN NT V. TRANSPORTATION CO (PTE) LTD Tal: 2239*32 Tim: RS 21»11 F*r 225*52*
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      Page 36 Advertisements Column 3
      633 36 hrr JE CONTAINER LINE V n TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST 10/6 t 17/6 10/6 17/6 12/6 ft IS 6 12/6 ft ISI6 12 6 ft W 116 ft IS/6 11/6 ft 15/6 MANILA BUSAN TOKYO KOBE NAGOYA YOKOHAMA JAKARTA 11/6
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      Page 36 Advertisements Column 4
      278 36 *V HHQU Mitsui O.S.K. Lines. Ltd TO CONNECTING AT DOUBLE STACK TRAINS ETA EXPORTS TO PSW OIHMyEBtJLiiii EssSSprS rirj\'.""i" cjEMEMEMESfrLMiEMBM 13 *****3331 AUtGATOT PHIOt EXPORTS TO OTHER CONNECTING AT TO PNW' CANADA OUR NEW USA SERVICE CALL SINGAPORE DIRECT EVERY MONDAY ARRIVE EVERY TRANSIT EAST COAST I ALL WATER! IMPORTS
      278 words