The Business Times, 16 June 1989

Microfilm: NL16652
Total Pages: 34
1 34 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, JUNE 16, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    247 1 Dow down WALL STREET stock prices headed lower in early trading yesterday as a wait-and-see attitude prevailed in the market. The Dow Jones average of 30 industrials fell 12.50 to 2,490.86 by 1430 GMT. Footsie higher UK share prices were mixed to slightly firmer at mid-day yesterday
    247 words
  • Article
    Construction industry faces cost squeeze in second half
    440 1  -  By ELAINE KOH THE CONSTRUCTION industry will face an even tighter cost squeeze from the second half of the year, with the impending hike in foreign workers" levy, and a likely increase in the price of steel bars and cement. The foreign
    440 words
  • Article, Illustration
    Lock icon Tokyo stockmarket dives
    181 1 PLUMMETING share prices in Tokyo had a dampening effect on regional markets yesterday. The Nikkei Index plunged 489.90 points to 32.913.09 its sharpest single-day setback this year, a result of the sharp rise of the US dollar against the yen. A broker said: "External factors. meaning the
    Source: Telerate (Tele-Trac)  -  181 words
  • Article
    US$ soars in New York on trade report
    262 1 THE US DOLLAR yesterday surged higher against other major currencies in New York following the release of better-than-expected US trade data for April late last night. The US Commerce Department released figures showing that the US trade deficit shrank by 13.4 per
    262 words
  • Article
    Lock icon US deficit fall in line with Wall Street expectations
    379 1 Reuter THE US trade deficit shrank 13.4 per cent in April to US$B.26 billion from a revised U559.54 billion in March, the Commerce Department said yesterday. Exports rose 0.8 per cent to a record U5530.57 billion, while imports declined 2.6 per
    Reuter  -  379 words
  • Article, Illustration
    Stan chart HQ could m sell for at jflk least $842m
    646 1  -  BUILDING TARGETED TO BE SOLD BY NOVEMBER By LEE HAN SHIH, MAGDALENE NG THE Standard Chartered Bank t< building will be sold by Novem- ti ber 30 for at least $842 million a if all goes according to plan.
    646 words
  • Article
    Lock icon US, Japan aim to quash 'structural' barriers
    369 1 AP AMERICAN and Japanese officials said in Tokyo yesterday that they would focus on eliminating "structural" barriers in both nations that have thwarted a reduction of their huge trade imbalance. In two days of high-level trade talks the first since Japan was named
    AP  -  369 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      139 1 FA RAH. The original Hopsack slacks for men. Sichuan Cuisine at its best Steamed >melette with Seafood tl Fi it tt A S Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour some of the marvellous delights from our menu comprising of over 188 Sichuan and Seafood
      139 words
    • Advertisement
      Page 1 Advertisements Column 2
      227 1 Tougher competition expected, BACK PAGE Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 Editorial Comment: 10 Make supply picture clearer South Korea 10 Rethinking the role of big business Manila building boom 11 Industry faces shortage of cement Oil prices 2 US$lB per barrel too high:
      227 words
    • Advertisement
      Page 1 Advertisements Column 3
      7 1 More stories on PAGES 4 end 5
      7 words
    • Advertisement
      Page 1 Advertisements Column 4
      260 1 Quadruple Zoom+Auto Two-Color. iT MP 4. v L My family, my Job HOLDING the future of your family's retailing business in your hands is a heavy burden to bear when you're just 30 years old. But Aehok Melwanl (above) doesn't just take it all in his stride. "I wouldn't trade
      260 words
Page thumbnail Page 2
  • HOME NEWS
    • Article, Illustration
      US$l8 per barrel is too high, says Opec official
      366 2  -  PIT MONEY ASIA THF. PACIFIC PRICE MUST BE LOWER TO CAPTURE WORLD MARKET SHARE By MARTIN SOONG THE CURRENT reference price of US$lB per barrel for crude oil is too high for the Organisation of Petroleum Exporting countries to maintain its
      366 words
    • Article, Illustration
      Three oil producers to focus on substitution and refinery upgrading
      541 2 IN RESPONSE to projections of inevitably increasing future dependence on oil imports, three Asean oil-producing memberstates Indonesia, Malaysia, and Thailand are drafting national energy policies that stress more substitution and refinery upgrading. The chiefs of the three countries' national oil
      541 words
    • Article
      Simex to study options for new forward energy contract
      312 2 FIVE MONTHS into trading of its pioneer oil futures contract, the Singapore International Monetary Exchange will begin study- ing options for a new forward f energy contract, a process which I exchange chief Elizabeth Sam I says will take about a
      312 words
    • Article
      Esso cuts pump prices
      64 2 ESSO announced yesterday that it would lower its petrol prices with immediate effect. The new price for the premium grade pirtrol will be 106.8 cents per litre, down 2.8 cents from the previous 109.6 cents, while Esso 95 Gold will cost 103.4 cents per litre, down
      64 words
    • Article
      Enlistment (Amendment) Act in effect
      156 2 TWO BILLS passed last month to enable quicker mobilisation of Singapore Armed Forces reservists and of civilian resources came into effect yesterday. Under the Enlistment (Amendment) Act, reservists now have to respond in double-quick time to a mobilisation exercise within six hours compared with 12
      156 words
    • Article
      MEMO-PAD
      313 2 Seminars and courses Jwn 17 The Piychological Winning Amara Ho»el Executive's Desk *****88 Pte ltd Edge in Stock Market Jun 20 Investment Managing Foreign Exhange Interest Rote Risks Boulevard Hotel Dominion Conferences *****25 Publications Pte ltd Jun 20 Creating A Quality Eagle Infotech EEM Advancement *****15 Centre Jul 20
      313 words
    • Article
      Tool and die consortium meets more success here
      509 3  -  By GENEVIEVE CUA A CONSORTIUM of six companies formed to sell tool and die services in the United States may be off to a slow start but the group members are riding on the wave of a booming tool and die market
      509 words
    • Article
      IBM to include SMEs in its base of suppliers
      331 3 IBM SINGAPORE is looking towards expanding its base of suppliers to include small- and medium-sized enterprises (SMEs). The American computer giant's commitment to help develop SME suppliers in the electrical and electro-mechanical sectors begins with its participation in the Economic Development
      331 words
    • Article, Illustration
      SI Ato be among top 10 freighters
      451 3  -  ADDITION OF BOEING 747-200 FREIGHTER TO FLEET By JOHN TAN SINGAPORE AIRLINES is expected to move into the ranks of the world s top 10 air freight carriers by 1991 up from its current 12th position when it adds a Boeing 747-200 freighter
      451 words
    • Article, Illustration
      Watson's to open four more outlets
      488 3  -  Tv NG PENG HOI JERRY YAP WATSON'S Personal Care Stores, the Hongkong-based retail chain, celebrated its first anniversary in Singapore by announcing plans to open four more outlets by the end of the year, bringing the total to 14 outlets. "We are confident of
      488 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      73 2 a r Only United has same day arrivals anywhere in the USA. We are America's Friendly Skies. Our daily morning departures via East? With Umted's connections ugh. across Tokyo or Hong Kong wing you across the Pacific in time to e„,oy the For more information or reservations, call your travel
      73 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      194 3 SOVEREIGN And because this is a Jaguar, all these features come as standard equipment. Indeed, there's only one major addition we can think of. You. £1 r -»v.- -k* *•-0";... ft:. m C W' 1 •5 f -< -w»V« r V• ,V. v v THERE IS LITTLE WE CAN ADD.
      194 words
Page thumbnail Page 4
  • ASIA-PACIFIC
    • Article
      Lock icon Daewoo stand-off is wage test case for South Korea
      568 4 AFP TENSE THREE-WAY negotiations on the tate of the debt-strapped Daewoo Shipyard have become a test case for South Korea's ability to avoid a destructive wage-price spiral, analysts in Seoul said yesterday. Talks between Daewoo Group chairman Kim Woo-Choong, 53, and
      AFP  -  568 words
    • Article, Illustration
      Lock icon Talks on trade friction likely to figure in Hawke's tour
      404 4 AFP TRADE frictions and opportunities are likely to figure prominently in talks during Prime Minister Bob Hawke's five-nation tour of Europe and the US starting Saturday. The two-week trip will take him to four of his country's leading trading partners,
      AFP  -  404 words
    • Article
      Lock icon Manila revises growth forecast down to 6pc
      160 4 AP THE PHILIPPINE government has lowered its economic growth projections for this year by onehalf per cent following a decline in first-quarter growth rates. Presidential spokesman Adolfo Azcuna said on Wednesday the National Economic Development Authority now expects a 6 per cent increase
      AP  -  160 words
    • Article
      Lock icon US trade move against India could backfire
      416 4 FT THE US decision to cite India for unfair trade practices under its new Trade Act could backfire by slowing down the more liberal approach to foreign investment that has been gathering pace over the last few years. This is the view of
      FT  -  416 words
    • Article, Illustration
      Lock icon 'Seoul soon to ease beef curbs'
      255 4 NYT IN A MATTER of weeks South Korea is likely to open its beef market, the US Trade Representative. Carta Hills, said on Wednesday. She described that pending move as a major liberalisation of trade. Last month Seoul made a series of market-opening concessions
      NYT  -  255 words
    • Article
      Lock icon Vietnam approves 51 foreign projects
      221 4 AFP VIETNAM has approved 51 overseas investment projects worth US$457 million since introducing investment laws in January, the armed forces newspaper Quan Doi Nhan Dan said. But it said only 13 projects had been put into operation, while two were stillborn, and it deplored the
      AFP  -  221 words
    • Article
      Lock icon Nepal's exports outside India register 40.8 pc growth
      379 4 AFP NEPAL'S exports to overseas markets outside India rose by 40.8 per cent during the last nine months of the 1988-89 fiscal year which ends July 15. A Nepalese Finance Ministry source said on Wednesday that exports to markets including Hongkong, Singapore,
      AFP  -  379 words
    • Article
      Lock icon Thai army to buy 35 new US-made helicopters
      184 4 AFP THE THAI ARMY has received a 10 billion baht (US$4OO million) allotment to buy 35 new US-made helicopters. a senior Thai army officer said yesterday. The purchases will include 25 Bell 212 utility helicopters. six Boeing Chinook transports and four Bell
      AFP  -  184 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1008 4 ARRIVALS Operator Sorvic* Local From number KM SU SQ105 1105 KUl MA W42I 1130 IWN QFA QF072 1135 8KK SAS SK971 1145 CPH/8KK SIA SQ15I 1145 CGK G4A GA940 1150 MES TMA TG403 1155 MOC SIA SQ138 1155 MES su SQ191 1200 P€N GU OA 902 1210
      1,008 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      83 4 Delsey... a case for security. DEfcSEyv MWaaMiNflNfcte .3* V When you travel, it's good to know that your luggage is secure. Delsey is simply the most secure suitcase you can buy. Tamper-proof combination and key lock with 120 key variations Firm-grip handle Solid retractable pull-along Two years worldwide guarantee Fixed
      83 words
    • Advertisement
      Page 4 Advertisements Column 2
      46 4 Carta Hills launch#* proba, PAGE S The business person's choice every Tuesday, Thursday. Saturday and Sunday. Leaving Chang) Airport at 22:0$ hours and arriving at Lester Parson International Airport the following day. CjII sour Travel Agent or Air Citudi it 7)2t555. .4 BREATH OF FRESH AIR
      46 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      132 4 WMKI 1 v/y/ (i Max/ Not* Min (°C) 15/10 Roln 21/11 Ont 27/16 Cloor IS/09 Cloudy 36/30 Clear 33/26 Fair 30/26 Cloudy 30/16 Clear 30/22 Sunny 22/14 Cloudy 20/13 Cloudy 38/2S Cloudy 27/20 Sunny 22/11 Fine 27/10 O«or 20/14 Cloudy 18/08 Cloar 40/25 Cloof 24/10 Clear 14/08 Rain 25/17 Rain
      132 words
Page thumbnail Page 5
  • REST OF THE WORLD
    • Article
      Lock icon Soviet energy ministries merged in revamp
      373 5 Reuter PRIME MINISTER Nikolai Ryzhkov has revamped the troubled Soviet Energy Administration, sacking men in charge of the oil and gas industries and merging their ministries, according to details issued on Wednesday. In a ministerial shake-up last week, he also ousted the ministers for
      Reuter  -  373 words
    • Article
      Lock icon Slow economic reform could unleash Soviet anger
      283 5 Reuter THE SOVIET PEOPLE like their new-found freedom of speech, but the slow pace of economic reform could provoke "sudden waves of popular anger", human rights campaigner and Gulag veteran Yuri Orlov said in Paris on Wednesday. Orlov, who visited Moscow last week
      Reuter  -  283 words
    • Article
      Lock icon EC discord over regulating future TV programmes
      172 5 AP THE 12 EC countries failed on Wednesday to agree on regulating television programmes in their future single market. At least five countries, including West Germany, Holland and Belgium, disagreed with the so-called "television without borders" directive that was submitted for final adoption.
      AP  -  172 words
    • Article
      Lock icon National issues uppermost in European Parliament voting
      275 5 Reuter NATIONAL ISSUES looked likely to eclipse European Community problems yesterday with voters in five countries due to choose a new European Parliament seeking a bigger role in the EC's drive towards 1992. The people of Britain, Spain, Denmark, Ireland and the Netherlands
      Reuter  -  275 words
    • Article
      Lock icon Efta ministers wind up talks with plans to strengthen links with EC
      201 5 AFP MINISTERS from the six European Free Trade Association (Efta) nations wound up a two-day meeting in Kristiansand, Norway, on Wednesday with proposals to strengthen links with the European Community (EC). The meeting decided to expand its office
      AFP  -  201 words
    • Article
      Lock icon East Europeans seek financial security in Western currencies
      560 5 NYT EAST EUROPEANS, facing severe inflation for the first time as the inevitable price of reform, are seeking financial security by holding more savings in Western currencies. While a Westerner might hoard gold. East Europeans are finding that a Oeutschemark or a
      NYT  -  560 words
    • Article
      Lock icon US companies most worried about personnel: survey
      222 5 AP EXECUTIVES in the US are more worried about the availability of qualified employees than executives in Japan, Western Europe or Latin America, according to a survey. About 12 per cent of those in the United States identified the availability of qualified employees
      AP  -  222 words
    • Article
      Lock icon Carla Hills launches probe into six trade barriers
      605 5 FT MRS CARLA HILLS, the US Trade Representative, yesterday launched an investigation into the six trade barriers selected for removal by the Bush administration last month and requested consultations with the governments of the three targeted priority countries: Japan, Brazil and India.
      FT  -  605 words
    • Article
      Lock icon Gephardt assumes post of House majority leader
      259 5 Reuter RICHARD GEPHARDT, a politician with a "Mr Clean" reputation, takes over as House majority leader little more than a year after making a name for himself as a US presidential contender who talked tough on foreign trade. In his presidential campaign he
      Reuter  -  259 words
    • Article
      Lock icon Mitterrand promises aid to Poland
      99 5 AFP PRESIDENT Francois Mitterrand ot France pledged "effective and practical support for current reforms" in Poland, in an after-dinner speech on the first day of his official visit in Warsaw on Wednesday. "France will plead with the Paris Club" of creditor nations to help cut
      AFP  -  99 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      76 5 SINGAPORE-BERLIN INTERFLUG-A3lO Starting July 2, 1989... on our SINGAPORE BERLIN route with an INTERFLUG-A 310 the newest member of our fleet. Departs: Tuesdays and Sundays 19.10 IF 721 Connections for Bangkok. Dubai. Moscow, Buda pest. Copenhagen and Amsterdam. For information and reservations: INTERFLUG Town Office, 11 Cavenagh Road Holiday Inn
      76 words
    • Advertisement
      Page 5 Advertisements Column 2
      169 5 Exclusive Free Gifts HONG LEONG FINANCE I SINGAPORE FINANCE M Take home a fabulously exclusive free gift when you open or renew a Fixed Deposit with Hong Leong Finance or Singapore Finance. And. if you deposit 550.000 or more, we'll arrange an appointment for you at Tudor Court for a
      169 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      60 5 Doonesbury IDON7 Btuava U£lL, IT! MV FIVE IS THAT RUIN6D, TOO! poesrn. I I v.V. >2 VI ar ICAN7 UJORK W THSSS CONCXTIONS. LET'S GO HfT THE SHOUZRS! BY GARRY TRUDE/XU UiHATASHAME. aw worm, I MAS HOP/N6 I'M SORB ue COUP SAL- HetMGETA VAGe AMY OR &6 FAT TAX U
      60 words
Page thumbnail Page 6
  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1167 6 SINGAPORE: Speculative and strong institutional buying pushed the US dollar sharply higher against most currencies in active trading yesterday, dealers said. It closed at 151.05/15 yen and 2.0410/20 marks against New York's 149.43/48 yen and 2.0335/45 marks. It traded at a high of 151.35 yen and 2.0445 marks.
      1,167 words
    • Article
      Lock icon Simex
      528 6 BA Futures SEPTEMBER Eurodollar futures yesterday opened 4 ticks higher than Wednesday's Simex close of 91.28 following a higher dollar and firmer US treasury bonds Prices strengthened on position squaring ahead of yesterday night's April US trade data. The September contract ranged from 91.28 to 91.33 before settling at
      BA Futures  -  528 words
    • Article
      Hongkong Bank sets up forfaiting company
      144 6 THE SINGAPORE branch of Hongkongßank has set up a joint venture company with London-baaed Midland Bank Aval Ltd (Mldaval) to deal in forfaiting. Forfaiting is the dlscounting of debt instruments. such aa bills of exchange and promissory notes, derived from export trade-related tranaactiona. The
      144 words
    • Article
      Lock icon Citibank dips into reserves for Argentine loan losses
      124 6 NYT CITIBANK announced on Tuesday that it would shield shareholders' profits from losses on loans to Argentina, by deducting the losses from reserves and not replenishing the reserves. Federal banking regulators said last week that all banks would have to write off
      NYT  -  124 words
    • Article
      Government Securities Market
      116 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFER WGH LOW 3 inomtw BQ*****S 14.09.89 4.04 3.99 445 3.98 6 r—wiw BY*****H 23.11.89 444 3.99 1 y*of 8Y*****F 24.05.90 4.25 4.20 4.24 4.22 Government notes and b •ondi 1 Period Issue Maturity Coupon Yesterday's doting
      116 words
    • Article, Illustration
      World interest rates
      167 6 Interbank market ra itaa (offar/bkf) on Juna 15 us$ DM SWFC Y«n 7 4mf 4 a* 7/14 5/14 4 3/4 1/4 9/14 3/14 3/14 1/14 13—13 3/4 14 1/4 14 l/l 14 3/4 14 1/3 14 13/14 11/14 14 3/9 14 1/3 4 11/14 4/14 7 3/4
      167 words
    • Article
      Options
      1237 6 CURRENCY FUTURES OPTIONS Thursday, June 1 15, 1989 DEUTSC1 4EMARK (MM IX) 1 8 1 M* L aar Ml M* Lot* aao 32 310 S3 393 54 0 403 JJtPANEI SE YEM (MMU) top M o«a Oaa upm Lot* Oaa 75 017 CURRENCY FUTURES OPTIONS IMM Wadnaaday, Juna 14,
      1,237 words
    • Article
      Money markets
      59 6 THE OVERNIGHT RATE was unchanged on thf Singapore money market yesterday. The one-month term rate. two-month> rate as well as the threemonths rate remained unchanged. S$ Interbank rat«s at lh« do** y •sterda ora fX—# MO Wf»* 4 J/4 <»/» l«M» 3 l/« 3 2-a* 3 1/4 s
      59 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      86 6 > s m vr m >v> SsSgsl s 3rf> s>«* g V, ->- m -£•< m k: *«£3 £«>«A\ m. ?..f. :V- 11 group whose expert e and discriminating lify them to appreciat S$L -sa best very 1/ 7 sw c?.* 5X «r !02 Vi -vP 'J& KJ 'J At
      86 words
Page thumbnail Page 7
  • BANKING AND FINANCE
    • Article
      Comex gold/silver futures
      168 7 Gold future# on June 14 1989 100 troy ounces USS per troy ounce OfM Hlgtl Low M«o km r Jul *-9 Oct Dk Nb 90 Apr km Oct Ok 1 *•*> 1 362.70 ]MJ0 368 90 374.30 3(0.30 3«7.00 399.30 3*4.00 364.10 372.00 376.00 3*0 50 3*7.00
      168 words
    • Article
      Lock icon IMM
      325 7 Reuter (MM currency futures were lower and In the lower half of fairly narrow ranges in IJght early trading. Dealers were light sellers, which accounted for some pressure on currencies, but most of the loeses were the result of dollar strength in overnight dealings, traders said. Many participants were
      Reuter  -  325 words
    • Article
      Lock icon Asian dollar market
      299 7 Reuter Asian dollar deposit rates ended at their opening levels in quiet trade yesterday. with operators sidelined ahead of yesterday's release of US April trade figures at 1230 GMT and May industrial production data at 1315 GMT. Short-dates firmed 1/16 point at the outset on higher US
      Reuter  -  299 words
    • Article
      Lock icon Daim tells insurance industry to cut costs
      342 7 Bernama MALAYSIAN Finance Minister Datuk Paduka Daim Zainuddin on Wednesday urged insurance firms to reduce their operational costs in order to improve productivity. This is because the ratio of operational costs in the insurance industry in Malaysia in relation to their premium income
      Bernama  -  342 words
    • Article
      Lock icon Revised fire tariff for KL insurance industry
      175 7 Bernama A REVISED fire tariff for the insurance industry has been forwarded to the authorities for further study by the General Insurance Association of Malaysia (GIAM). GIAM chairman Datuk Abdul Latiff bin Hussein said on Wednesday that the revised tariff was completed after
      Bernama  -  175 words
    • Article
      DBS Bank president to be next ABS chairman
      333 7  -  By HONG LEE THIAM MR PATRICK YEOH Khwai Hoh. the president of DBS Bank, is tipped to be the next chairman of the Association of Banks in Singapore (ABS) He will replace Mr Wong Nang Jang, the executive vice-president of OCBC Bank,
      333 words
    • Article, Illustration
      Royal Trust rethinks business with China
      476 7  -  GROUP TO PUT EMPHASIS ON GROWTH IN S'PORE By QUAK HIANG WHAI CANADA-BASED Royal Trust is having second thoughts about using Singapore as another gateway to China following the recent political events in the Communist mainland, said the bank's visiting chairman Hartland M MacDougall.
      476 words
    • Article
      Lock icon Bank Negara's petitions to be heard on June 22
      381 7 Bernama BANK NEGARA's petitions for the reduction of capital of Oriental Bank Bhd and First Malaysia Finance Malaysia Bhd have been fixed for hearing at the Kuala Lumpur High Court on June 22. This was stated in a notice published by
      Bernama  -  381 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      124 7 Once again, Hongkongßank has seized the initiative in the Asia/Pacific region and recognized the importance of Surabaya as a rapidly developing commercial centre. We're back again in Surabaya connecting it with one of the world's largest global financial networks, with more than 1,300 offices in over 50 countries. If your
      124 words
Page thumbnail Page 8
  • COMMODITIES
    • Article
      Lock icon Lead market seen moving into oversupply
      421 8 FIRMER ZINC PRICES EXPECTED AFP ANALYSTS Shearson Lehman Hutton see the lead market moving into oversupply this year, but forecast another deficit and firmer prices for zinc, in their "Annual Review of the World Lead and Zinc Industries 1989" published in London on Wednesday.
      AFP  -  421 words
    • Article
      Lock icon Jakarta to start rubber futures trading in '90
      144 8 Reuter INDONESIA, the world's second largest rubber producer, will trade rubber futures in Jakarta from next year, executive director of the Indonesian Rubber Association (Gabkindo) Sutrisno Budiman said. "Our commodity exchange is working on it. Such trading will be a good hedging
      Reuter  -  144 words
    • Article
      Lock icon Non-Opec countries play waiting game on oil curbs
      355 8 Reuter OIL PRODUCING nations outside Opec. which curbed exports to help it buoy prices recently, may use what weight they have to land tactical punches on either the cartel or the market in coming months, industry sources said. The non-Opec group includes
      Reuter  -  355 words
    • Article
      Palm Oil
      497 8 MALAYSIAN CRUDE PALM OIL Crude palm oil prices again closed off the day's highs on profit-taking and lack of follow-through buying, reflecting a similar trend in the palm oil futures market, dealers said. The market had earlier firmed following Porla's report of a 4.9 per cent fall in
      497 words
    • Article
      Lock icon Crude palm oil output in M'sia up 13pc
      253 8 Bernama MALAYSIA'S May production of crude palm oil rose by 13.37 per cent to a preliminary estimate of 444,497 tonnes from a revised figure of 392,064 tonnes a month earlier, said the Palm Oil Registration and Licensing Authority (Porla) yesterday. Peninsular Malaysia's
      Bernama  -  253 words
    • Article
      London markets
      95 8 3-month* Sofftomonl Ton*: Sol«V Lead Coth 3-monlfn S#tH#m#ni T on#; r 445/450 (435/437) 419/419.5 (4 J 4.5/415) 450 (434) Solo* (2078) Zinc High (USS/lonne) Grade Coih 3 -monlhl S«nl«m«n Ton®: i 1500/1510 (1488/1495) 1465/1470 (1450/1455) 1530(1488) Solo* (2118) Silver (USS/troy ounce; lots of 10,000) Co* 519/521 (515/517) 3
      95 words
    • Article
      Lock icon Cipec urged to promote new uses of copper
      288 8 AFP THE 26TH ministerial Conference of Copper Exporting Countries (Cipec) has called on members to intensify the search for new uses of copper and establish a long-term copper promotion policy. A press statement issued after the meeting late on Tuesday complained of
      AFP  -  288 words
    • Article
      Lock icon US expects 10pc drop in winter wheat crop
      286 8 NYT THE US winter wheat harvest is expected to be 10 per cent lower than last year's crop after widespread drought in the farm belt, the US Department of Agriculture estimates. In a report released this week, the department forecast a total
      NYT  -  286 words
    • Article
      Lock icon Rubber
      390 8 Reuter SINGAPORE: < Rubber prices closed higher in moderate trading yesterday with July 1 RSS quoted at 181.00 cents a kg, up 4.50 cents from Wednesday's close. Dealers said prices rose further in early afternoon following sharp gains in Japanese markets and then hovered narrowly on some overseas buying.
      Reuter  -  390 words
    • Article
      RAS and MRELB
      283 8 RAS prices In S OMWkg, FOB In bmkm 1 NOON CLOSE 8uy*rs Setters Buyers Sellers Int 1 RSS Prompt 180.00 181.00N 163.00 184.00N Int 1 RSS July 89 178.00 179.00N 181.00 182.00N Irrt 1 RSS Aug 181.00 182.00N 184.00 185.00N Int 2 RSS OP 177 JO 179.50N
      283 words
    • Article
      SSR and SMR
      72 8 (cwto/kg) JULY 1989 AUGUST 1989 (current monltO (forward momn) NOON NOON RAS •wyao »wy*r» S*M*o SS* 30 SSB SO 148.50 146.50 150.S0N 148.50N 148.50 146.50 150 JON 148 JON MRELB S*«OT #uy»r« SMR CV SM« I SMR 3 SMt GP SMR 10 &M( 30 SMt SO *****
      72 words
    • Article
      Produce Prices
      208 8 Chinese Produce Exchange Sellers' noon closing prices on June 15 (SS/100 kg) Coconut oil Mk FOB 107.00 OW drum FOB 117.00 New drum FOB 121.00 Copra Mixed (loose) 62.50 sellers Pepp«r Muni ok white FOB NIW 567.50 Sarawak white FOB foq NLW 557JO Sarawak sped a 1 427.50
      208 words
    • Article
      Lock icon KL Tin
      133 8 Reuter Bernama On the Kuala Lumpur Tin Market, business was dons yesterday at M 526.41 per kg (ex-smelter), down 90 sen from Wsdnesday on an official offsrlng of 70 tonnes. Tin futures closed with extended losses on further liquidation and lack of demand, with sharp falls In physicals
      Reuter; Bernama  -  133 words
    • Article
      Lock icon Precious Metals
      520 8 Reuter HONGKONG: Gold closed easier in quiet and thin afternoon trade due to the strong US dollar, despite a higher New York close on Wednesday, dealers said. They said followthrough selling by local investors emerged after the metal price was depressed by selling orders from Australian and US
      Reuter  -  520 words
    • Article
      Lock icon Crude Oil and Products
      143 8 Telerate FUEL OIL prices were little changed despite the strong upward surge in overnight crude prices. Few sellers were seen in the market with notional indications for CST-180 at around $93-94 mt fob Sing Fundamentals remained slightly bearish on continued talk of unsold Venezuelan cargoes in
      Telerate  -  143 words
  • Page 8 Advertisements
Page thumbnail Page 9
  • FOCUS
    • Article, Illustration
      China: a darker shade of red
      1898 9  -  The debate over China's future is by no means over as commentators and academics sketch their scenarios. DR JOSEPH CHENG, Dean of Arts and Humanities, Open Learning Institute of Hongkong, suggests in this exclusive article that the stability now being restored hides the possibility
      1,898 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      100 9 URGENT PUBUC AUCTIW LIQUIDATION OF STOCK AT THE FALL OF THE HAMMER Iranian has given urgent short notice instructions to clear by Public Auction to the highest bidder, for immediate cash realisation to meet overseas commitments. a valuable inventory of fine, authentic and genuine, hand-knotted PERSIAN and ORIENTAL CARPETS RUGS
      100 words
    • Advertisement
      Page 9 Advertisements Column 2
      103 9 Hie Sichuan experience with the Meisan difference b n a? 0. S L .ar V •v M Savour the finest Sichuan aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art ot trueenjoymcnt. JVifc At the Meisan. IfßlSXfl vfthhai MEISAN I**' ns\ SZECHUAN RESTAURANT I
      103 words
Page thumbnail Page 10
  • PERSPECTIVE
    • Article
      Make supply picture clearer
      538 10 THE SEEMINGLY inexorable rise of property prices is beginning to look worrying to many. Since the market rebounded in early 1986, prices have been rising with barely a break. Only in the aftermath of the October 1987 crash was there a let-up in the rise. But
      538 words
    • Article, Illustration
      Lock icon When too much power is wielded by too few
      932 10  -  Big* business is big in South Korea. Wielding considerable political influence, the 30 or so biggest companies have long been recognised for their contribution to the economy. But in the face of pressure from within and without the country to restructure
      FT  -  932 words
    • Article, Illustration
      A Bond survivor
      1225 10  -  He survived the October Crash which wiped out the fortunes of many of his peers, including Robert Holmes a Court. He became a major brewer in the world and his private company, Dallholds Investments, is the world's biggest private gold miner. He is Alan Bond, the former
      1,225 words
    • Article, Illustration
      Lock icon Building boom in Manila
      769 11 Industry faces shortage of cement Reuter WHEN YOU HEAR the screams of a dying goat in Manila s financial district, you know the Philippine construction industry is alive and well. Local labourers follow an age-old tradition of sacrificing a four-legged animal before work begins to bring
      Reuter  -  769 words
    • Article, Illustration
      Lock icon Soviets leave but no relief in sight for Afghans
      850 11 FT AT SAM RAHIM is already queuing for bread. He is nine and has an elder brother in hiding to avoid conscription to the Afghan Army and a sister whose legs were blown off by a rocket Rahim is matter of
      FT  -  850 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      105 10 > jr" r~ p c. > ESS m>A mz m kJ <? A\i f 4. A O id su v If < l r* r Can old-charm in newly-renovi a > •*f r y*. Jn/ %-Y V y Boon Yoon Chiang The Jr f M-'Z\ r V- > v >'''
      105 words
  • Page 10 Miscellaneous
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      521 11 i i Lianhe Zaobao Golf Day '89 Tanah Merah Country Club (Garden Course) TEE-OFF AT HOLE L Tee-off Time Afternoon Tee-off Time Afternoon Tee-off Time Afternoon 7.54 David S C Tang Lee Joo Jan Wee Tin Teck Shih Chih Chung 800 Y P Chan Yang Lui Sheng John Chen Hee
      521 words
Page thumbnail Page 12
  • LEISURE
    • Article
      Lock icon Hunt for a lost city in north-east India
      216 12 ARCHAEOLOGY AFP INDIAN ARCHAEOLOGISTS are hunting for a lost city whose existence could settle historical claims of Sino-lndian trade ties during the medieval period, the Press Trust of India (PTI) reported on Wednesday. The archaeologists have launched an ambitious excavation project to
      AFP  -  216 words
    • Article, Illustration
      Lock icon The bra celebrates its 100 th year
      493 12 FASHION Reuter THAT MUCH-MALIGNED ITEM of female clothing, the bra, celebrates its 100 th birthday this week, having braved the ire and the fire of its feminist critics. French lingerie manufacturers say the brassiere, once contemptuously burnt by liberated women who saw it
      Reuter  -  493 words
    • Article, Illustration
      Lock icon Gorbachev earns millions in royalties
      240 13 BOOKS Reuter SOVIET LEADER Mikhail Gorbachev's book Perestroika has earned him three million marks in royalties in West Germany alone, his German publisher said in Saarbruecken on Wednesday. Peter Schaper, head of the publishing house Droemer Knaur Verlag, said it was pos-. sible that Mr
      Reuter  -  240 words
    • Article
      Lock icon Private eyes stalk business bandits
      853 13 CRIME UPI ARMED with computer terminals instead of guns, databases rather than ha< informants, a California detective agen- chi cy has found lucrative action stalking do; the bandits of the business world. wa Whether trying to nail corrupt em- bu ployees who steal time or
      UPI  -  853 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      340 12 COURyOISIER VS.O.P-WHERE TP ENTERTAIN ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANCTI HKR IS I UK CHOICE OF MAIN UXRSKS. or )ctwcen $26+ and $40+ you can select from our appetiser GRILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main
      340 words
    • Advertisement
      Page 12 Advertisements Column 2
      241 12 LOCAL FARE BUFFET At the Coffee Pot where the Best of Two Worlds Meet, we bring to you all-time favourites, from Chili Crabs, Roast Duck Chinese style to rried Sambal Kang Kong and Yong Tfcu Too. Price at $16.90+ Lunch: 12.00 pm to 2.30 pm Dinner: 7.00 pm to 9.30
      241 words
    • Advertisement
      Page 12 Advertisements Column 3
      283 12 .*1 FATHER'S DAY falls on Sunday. June 18, 1989. Bring Dad to Pete's Place and show him you love him! The brunch at our trattoria is a great appetite rouser, and Dad will surely relish it. The salad bar is a popular spot any day. Appetisers start with dried beef
      283 words
    • Advertisement
      Page 12 Advertisements Column 4
      194 12 Sky Garden Poolside Fridays to Sundays 6.30 10.30pm Adults: $11.90 nett. Children: $8 nett Plaza Hotel S»WGAK>«E fttA Wrnm c OtOO»FUL •IWVI TIHG ftrtH *md Itipnrr 0719 "fci *****11 By Popular Demand The Gazebo turns NOSTALGIA Come join us as we turn back the hands of time. SING! DANCE! BE
      194 words
    • Advertisement
      Page 12 Advertisements Column 5
      165 12 X i V til* > W A*' J* VKs irwr*"? J.I, < X i A f% most popular buHet lunch renowned for its value-for-money > ■Jm 40 other new varieties! Superior specialities -J, 10% discount for a group of 10 or more people (For cash only) Only $14.50 cww $10.50++
      165 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      207 13 <» m m <• Tea-time at Cafe- ui -The-Park is MufbtfuL You U enjoy exquisite teas as w rll as a tasty buffet spread of oven-fresh pastries, scones am) other delirious afternoon delights. Afternoon Tea: Monday to Friday, spm to spm. $9.50 per person. Century Park Sheraton Singapore r"-.\ OLD
      207 words
    • Advertisement
      Page 13 Advertisements Column 2
      3 13 4 COGNAC COURVOISIER.
      3 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      665 13 J CRYPTIC PUZZLE ACROSS I Hurriedly leave Sam out! (5) 6 As used for serving eggs, etc? (5) 9 Competed with some courage and a certain resentment (7) 10 A vessel to turn about? (1. 4) II A stand seat (5) 12 Pretty rhyme in song (5) 13 Returned with
      665 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1288 13 TV and RADIO Diplomatic overtures -V 8 w c I Rock Hudson and Robert MHchum In Tff Amtumador on SBC 5 at 10.30pm OUR CHOICE THE AMBASSADOR, 10.30pm, SBC 5 This is an entertaining 1984 thriller based on the novel 52 Pick-Up, about an American ambassador and his attempts to
      1,288 words
Page thumbnail Page 14
  • SPORTS
    • Article, Illustration
      Lock icon Ballesteros seeks two specific titles
      479 14 GOLF AP THERE ARE TWO specific tournaments that Seve Ballesteros wants to win. There are three unspecific ones he doesn't even want to play. Ballesteros, winner of two Masters and three British Opens, wants to add the US Open and the PGA Championship to complete
      AP  -  479 words
    • Article
      Lock icon Chang loses to Kriek in Continental Grass Court
      352 14 TENNIS AP MICHAEL CHANG on Wednesday suffered his first defeat after his French Open victory when he was beaten 1-6. 7-6, 6-4 by fellow American Johan Kriek in the Netherlands. Chang, 17, who on Sunday became the first American to win the
      AP  -  352 words
    • Article
      Lock icon Johnson appeals for second chance
      323 14 BEN JOHNSON INQUIRY AP A TEARFUL Ben Johnson, publicly scolded for lying to Canadians who believed in him after his Olympic disgrace, appealed for another chance to prove he can be the world's fastest man without steroids The judge guiding a federal inquiry into drug
      AP  -  323 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      337 14 f i -t t*i 7 v i A K < v V,\f i V» ;W >/ A W w i tSSfbtjt if f f. >1 r 'M&& &;~S* mm £tr>--Z TTI 11 o. "V X fcxjw» t,/ t S3 n 3* r-jfe I 3 ri :ii' ?At TI K f$
      337 words
Page thumbnail Page 15
  • COMPANIES & STOCK MARKETS
    • Article
      UIC to scale back borrowings to $279 m
      353 15  -  By MAGDALENE NG UNITED INDUSTRIAL Corporation (UIC) will be able to reduce its existing borrowings to $279 million from the current $504 million as a result of the funds to be raised from its proposed rights issue. UIC first announced its one-for-two
      353 words
    • Article, Illustration
      Acquisitions boost SPTI's turnover, but profits fell
      443 15  -  By ANDREA BORCH SOUTH PACIFIC TEXTILE Industries Bhd has reported profits after tax and minorities but before extraordinary items of M 57.40 million for the seven months ended April 30. On an annualised basis, profits fell 5 per cent to $12.69 million from
      443 words
    • Article
      Lock icon Financial rebuilding has put G Lumber on a better footing
      448 15 MBT GENERAL LUMBER, which is embarking on a rebuilding exercise, has managed to raise share capital and net asset value to $80.3 million ($45.4 million before) and $53 million ($3l million), respectively. Disclosing this in his latest annual statement, chairman
      MBT  -  448 words
    • Article
      Sembawang Indonesia about to finalise stake in yard
      284 15  -  By ELAINE KOH SEMBAWANG Indonesia, the Sembawang group s new Indonesian subsidiary, is close to finalising its first investment in a fabrication yard. The new company, set up to spearhead Sembawang's investment and contracting activities in Indonesia, has received approval from authorities
      284 words
    • Article
      Bukit Sembawang reports rise in profit
      285 15 CASH-RICH property group Bukit Sembawang Estates Ltd has I turned in higher profit after tax and minorities of $6.79 million despite a lower turnover for the year ended March 31, 1989. Its turnover fell 45.8 per cent to $19.66 million ($36.26 million) while its
      285 words
    • Article
      Lock icon Genting's resort arm steps up marketing
      279 15 MBT GENTING's resort division has stepped up its marketing efforts to promote Genting Highlands Resorts as a run-up to "Visit Malaysia 1990". Chairman Tan Sri Lim Goh Tong notes in his latest annual statement that Genting Highlands hopes to tap the expected increase in
      MBT  -  279 words
    • Article
      C & C's interim profit jumps by more than half
      344 15  - C C's interim profit jumps by more than half GROUP TURNOVER IMPROVES 67.9 PER CENT By WILLIAM CHIA CYCLE CARRIAGE Ltd (C&C) has increased its group after-tax profit by 53.3 per cent to $13.81 million for the six months ended March 31. 1989 from $9 million previously. In its interim
      344 words
    • Article
      Hume gets more time to send offer documents
      139 15 HUME INDUSTRIES (Malaysia) Bhd, which is making a M 51.13billion takeover bid for conglomerate Multi-Purpose Holdings Bhd (MPHB), has been granted an extension of time for the despatch of offer documents. Aseambankers Malaysia Bhd announced on Hume's behalf yesterday that the Panel
      139 words
    • Article
      Amcol says foreigners can buy Anak Bukit bungalows in Johor
      398 15 AMCOL HOLDINGS Ltd has said the restriction on foreign ownership of bungalow units at its Anak Bukit Resort has been lifted. In a letter to the Stock Exchange of Singapore yesterday, Amcol said its purchase agreement with Anak Bukit was
      398 words
    • SES
      • Article, Illustration
        Share prices fall following plunge on Tokyo market
        1047 16  -  by JOSEPHIME CHAN THE RECENTLY renewed confidence in the local stock market was short-lived, as share prices fell across the board on profit taking yesterday following the near 490-point plunge on the Tokyo stock market yesterday. The Straits Times Industrials Index dropped
        1,047 words
      • Article
        Unit trusts
        324 16 Managers' prices for June 16 Singapore Unit Trust Dm CoM*rc* I0» 1 15* TH» Sovmgi fund OW 105 S'por* Proa fund 045 049 S'por* S*c Fund 075 080 S'por* Invoit fund 0.78 083 S'por* Equity fund 053 0.57 Asia Unit Trust Mai lnv*(t fund 153 142 Mat Frog
        324 words
      • Article
        COMPANY MEETINGS
        46 16 TAT LEE FINANCE LIMITED: 31st AQM at The Conference Room, 63 Market Street. #14-00 Tat Lee Building. Singapore 0104. today at 4.15pm. TONG MENG INDUSTRIES LIMITED: 24th AQM at 47 Hill Street #06-02 Chineae Chamber of Commerce Industry Building, Singapore 0617. tomorrow at noon.
        46 words
      • Article
        SES SHARE INFORMATION
        6222 16 1M9 High Low Tel Cods Company Last Sale J UN 15 OCVol fOOO) Day High Low Last O BuyerS uole teller Gr's D4v Dtv C'vr Gr's r Id Net P/E M Cap Smil 168 93 183 70% 94 100 101 82% 190 91% 104 144 100 87%
        6,222 words
    • KLSE
      • Article, Illustration
        Market suffers setback
        3309 17 SHARE PRICES on the Kuala Lumpur stock market suffered a reversal yesterday. closlnfl broadly lower in lifeless trading. A few of the star motor stocks fell prey to profittaking although Oriental Holdings was an exception, firming 20 sen to M 55.60. Its assembly arm was recently given
        3,309 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon News Corp may join Time takeover battle
        386 18 'ROTHSCHILD HIRED TO LOOK OUT FOR OPPORTUNITIES' FT RUPERT MURDOCH'S international media holding company. News Corporation, is making preparations to wade into the complex takeover battle involving Time Inc, Warner Communications and Paramount. New York investment bank Rothschild Inc yesterday disclosed it had
        FT  -  386 words
      • Article
        Lock icon Nintendo expected to post sharp earnings growth
        384 18 Reuter BOOMING US sales of home video games should give Nintendo Co Ltd continued sharp earnings growth this year and next, but the company may have to work hard to make sure, share analysts said. And the longer term picture is unclear. "Once
        Reuter  -  384 words
      • Article
        Lock icon Bangkok: Index up
        154 18 Reuter THE Stock Exchange of Thailand Index yesterday rose 0.67 points to 575.68 points on a turnover of 10,713.274 shares valued at 1,089.70 million baht. JUNE IS MHT <- Ao Kham Thai Ayudhya Investment Bangkok Agro-ind Bangkok Bank Bank OtAyudhya 402 40 62 50 287 332 unch
        Reuter  -  154 words
      • Article
        Lock icon Bombay: Mixed close
        145 18 Reuter SHARE PRICES closed mixed in thin trading in alternate bouts of buying and selling yesterday. Brokers said sustained institutional buying and anticipated lower contango (carry forward) charges to be fixed today failed to cheer sentiment. "Institutional buying is seen as government-in-spired and investors are coming mainly
        Reuter  -  145 words
      • Article
        Lock icon News Corp shares tumble on Australian market
        260 18 Reuter NEWS CORP LTD shares fell A 51.50 to A 514.00 yesterday on what share analysts in Sydney said were fears the company may take on more debt. The stock later recovered partially to close at A 515.00. Analysts said Rupert Murdoch's international
        Reuter  -  260 words
      • Article
        Lock icon Mitsui Real Estate sees higher profit
        104 18 Reuter MITSUI Real Estate Development Co Ltd sees group net profit of 36 billion yen in the year ending March 31, 1990, up from 34.98 billion a year earlier, the real estate firm said yesterday. It expects current profit of 70 billion yen in
        Reuter  -  104 words
      • Article, Illustration
        Index falls 40 points in light trading
        1328 18 Hongkong HONGKONG share prices closed lower in light trading yesterday The Hang Seng Index lost 40.46 points, closing at 2.340.02. Turnover amounted to HKJBI7 million, down from Wednesday's HK$l.l5 billion. Brokers said the lacklustre trading was expected to continue for some time because
        1,328 words
      • Article, Illustration
        Lock icon Traders cautious
        202 18 Australia UPI SYDNEY share prices drifted lower yesterday in cautious trading ahead of Monday's critical May trade figures. A sharp drop in the share price of Rupert Murdoch's News Corp Ltd and a solid performance by Western Mining were the only features of a lacklustre day. dealers said.
        UPI  -  202 words
      • Article
        Lock icon Manila: Lower close
        172 18 Reuter PHILIPPINE shares yesterday (ailed to sustain initial buying and gave way to cautious profit-taking towards the close of desultory trading, brokers said. The Manila Stock Exchange Composite Index lost a marginal 4.63 points to end at 1,038.72. Combined turnover eased to 939.2 million shares worth 83.1
        Reuter  -  172 words
      • Article, Illustration
        Lock icon Stocks tumble
        166 18 Tokyo AFP SHARE PRICES tumbled on the Tokyo Stock Exchange yesterdav with the Nikkei Stock Average toeing 489.90 points, or 1.5 per cent from Wednesday. The average of 225 [blue chips, a 189.44 yen winner the previous day, ended the day at 32.913.09, suffering the sharpest single-day setback
        AFP  -  166 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Shares drift in narrow range
        304 19 New York AP AFP THE NEW YORK stock market finiahed mixed on Wednesday after a choppy aession in which blue chipa drifted in a narrow range. Stock prlcea moved listtesaly on moderate volume. Wall Street analysts said share prices were volatile amid anxiety ahead of
        AP; AFP  -  304 words
      • Article, Illustration
        Lock icon Prices slightly firmer at midday
        397 19 London AP Reuter LONDON share prices were mixed to slightly firmer at midday yesterday as players waited for the release of US trade figures for April. News that Britain's average earnings stood unchanged at 9.25 per cent in April did little to move share prices,
        AP; Reuter  -  397 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        634 19 Reuter AMSTERDAM: Dutch share prices ri were firm but off mid-morning peeks in quiet midsession trading yesterday as li many traders stuck to the sidelines ahead of US April merchandise trade n data at 1230 GMT. P Dealers forecast a trade deficit in li the order of
        Reuter  -  634 words
      • Article, Illustration
        Lock icon Maxwell could be buyer for Saatchi's consultancy arm
        434 19 AFP BRITISH MEDIA magnate r Robert Maxwell could t emerge aa a buyer of part or all of Saatchi and Saatchi's conaultancy arm, J advertising analysts in Lon- <] don said on Wednesday. Mr Maxwell's flagship ,<| company Maxwell Commu- nications Corporation
        AFP  -  434 words
      • Article
        Selected indices
        203 19 HONGKONG Hongkong Index Thursday N* Wednesday 1.***** Week ago Closed All Industrials Thursday Wednesday Ml 1.3 WMk ogo 1525.9 NEW YORK Hong Song Indo* Thursday 2.3<00e Wednesday 2J80.4B WMk ogo Ck>wd Dow Jones Wednesday 2J03.36 Tuesday 2.303 54 WMk ogo 1512.13 TOKYO Nikkei Average Thursday 32.913.09 Wednesday 33.402.99
        203 words
      • Article
        Lock icon United Biscuits to sell famous names in fast-food business
        421 19 WIMPY, PIZZALAND, PERFECT PIZZA FOR GRABS FT WIMPY. PIZZALAND and Perfect Pizza restaurants, three of the best-known names in the UK fast-food business, are to be sold. United Biscuits, the parent company, said it had been contacted by several potential buyers.
        FT  -  421 words
      • Article
        Lock icon Insurance firm pays benefits to terminally ill people before they die
        472 19 Reuter A DESTITUTE Aids patient s plea to "die with dignity" has prompt- fr| ed a Canadian insurance com pany to pay benefits to terminally g r ill people before they die. The initiative by the Canadian m arm
        Reuter  -  472 words
      • Article
        Lock icon Ivan Boesky's associate charged with fraud
        358 19 Reuter JOHN MULHEREN. once one of Wall Street s most powerful stock speculators, was indicted on Wednesday on securities charges stemming from his relationship with jailed financier Ivan Boesky. Mulheren, 39, was indicted on 42 counts of securities and mail fraud, and conspiracy to
        Reuter  -  358 words
      • Article
        Lock icon Deadlock over shares of Chase medical group apparently ending
        880 19 NYT FIVE MONTHS after authorities r in the US discovered a bold at- t tempt to corner the stock of Chaae medical group, it appears t the deadlock over the stock is t about to be broken. Trading could resume in
        NYT  -  880 words
      • Article
        Lock icon Hilton study on share value
        95 19 NYT THE HILTON Hotels Corp said on Wednesday it plans to hire a financial adviser to help it evaluate ways to optimise shareholder value. Hilton, the hotel and flaming concern based in Beverly Hills, California, has been the focus of intense takeover speculation since last
        NYT  -  95 words
      • Article
        Lock icon World insurance premium
        93 19 Reuter WORLD GROSS insurance premium income broke through the US$l trillion level in 1987 with life insurers moving shead of their non-life colleagues for the first time, a study by Swiss Reinsurance Co found. Adjusted for inflation and exchange rate fluctuations, premium income rose 8.5 per cent
        Reuter  -  93 words
      • Article
        APPROVED ISSUES
        96 19 Company RIGHTS ISSUE Choon Hup On* for two unwcurad Boating r not** with on* TSI at $1 05 p*r Ex dat* Jun* 9 Boob clot* Jun* 21 landmark Hldgs On*-lor on* at por Ex dot*: May 10 Books do* May 25 Acc*ptonc* I Paywant: Juty 4 MBf Finance
        96 words
      • Article
        PROPOSED ISSUES
        325 19 Company RIGHTS ISSUE Alcorn Proposed capita) reduction trow M$81 56 to M$l63lm through o write-down ot M$l par volue to Mjo 20. followed by the consolidation ot five ot the 20-sen shore into one shore ot M$l eoch tighn issue ot ttwee tor-one M$080 Ayer Hitom Tin One
        325 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      713 15 r* SINGAPORE'S PREMIER WATCH BOUTIQUE Copenhagen Handelsßank (Aktieselsfcobet K)#bwthavna Hond«l»banl<| (Incorporated with limited liability in Denmark) H«od Office: 2. Holmens Kanal. DK-1091 Copenhagen K. Denmark Singapore Branch: 1 Raffles Place. #18-02. OUB Centre, Singapore 0104 CONSOLIDATED BALANCE SHEET AT DECEMBER 31. 1988 ASSETS Cosh in Sand Assets held in Donmorks
      713 words
Page thumbnail Page 16
Page thumbnail Page 17
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
  • Article
    Tougher competition for building contracts expected
    488 20  -  FOREIGNERS HAVE SLIGHTLY HIGHER SUCCESS RATE IN TENDERS By SUZANNE SOH FOREIGN contractors were generally more successful in securing construction work with a success rate of one in eight tenders compared to one in nine tenders for local firms. This was revealed in a
    488 words
  • Article
    Lock icon Turmoil will not sway Indon students'
    93 20 AFP THE RECENT political turmoil in China will not influence Indonesian students, Antara news agency quoted Indonesia's top intelligence officer as having said. "I think Indonesian students are quite mature to know what is good and bad," Major-General Sudibyo, head of the state Intelli-
    AFP  -  93 words
  • Article
    Lock icon Beijing warns HK citizens not to interfere
    310 20 jf The China question Reuter UPI CHINA bluntly warned the people of Hongkong yesterday not to interfere in mainland politics by supporting the student-led democracy movement. The People s Daily carried a report telling the residents of the British colony not to meddle.
    Reuter; UPI  -  310 words
  • Article, Illustration
    Help of Economic Advisory Group available to all S'pore enterprises
    422 20 GROUP HOLDS INAUGURAL MEETING IN TOKYO ALL SINGAPORE enterprises, big or small, can turn to the Economic Advisory Group (EAG) for help if they wish to do business in Japan. This assurance was given by Mr Michael Fam, Deputy Chairman
    422 words
  • Article
    Lock icon 'HK economy remains healthy'
    339 20 Reuter AFP HONGKONG'S Secretary for Trade and Industry John Chan said that in spite of the military crackdown In China, the colony's economy remained healthy, though there might be a slowdown in foreign investment. Mr Chan said in Washington on Wednesday that though the killing of
    Reuter; AFP  -  339 words
  • Article
    Lock icon Asia could be engine for world trade
    158 20 AP DENSELY-POPULATED Asian countries such as India have the potential markets to become the next powerful "engine tor world trade", says the World Bank's vice-president tor Asia Attila Karaosmanoglu compared Asia's current stage of development to Europe's in the *****. "Asia as a
    AP  -  158 words
  • Article
    Lock icon Kuala Lumpur likely to retain GSP privileges
    130 20 Bernama MALAYSIA faces no threat of losing duty-free privileges from the US this year. No American company or organisation has filed a complaint with the US Trade Representative (USTR) about Malaysia s products or workers' rights or called for the termination of its
    Bernama  -  130 words
  • Article
    Lock icon Johor gets most investments
    176 20 Bernama JOHOR has surpassed Selangor, the home of the Klang Valley, as the most favoured state for investment in Malaysia. The rating, based on applications and approvals for the first half of last year, was given in a report by the economic/commercial section of the US
    Bernama  -  176 words
  • Article
    Chok Tong visits Japan's defence training school
    195 20 FIRST Deputy Prime Minister Goh Chok Tong visited a training school for Japan's Self Defence Force at Gotenba near Mount Fuji yesterday afternoon. After inspecting a Guard of Honour, he toured the school for training Japan's ground forces, and was accompanied by its
    195 words
  • Article
    Lock icon More lanes at Causeway checkpoint
    85 20 Bernama THE IMMIGRATION customs complex at the Johor Causeway which now has 17 lanes for immigration checks and 22 lanes for customs inspections will be widened to 22 lanes and 66 lanes respectively. Malaysian Highway Authority director-general Datuk Haji Mustafa Ahmad said yesterday that a
    Bernama  -  85 words
  • LATE FILE
    • Article
      Lock icon Freer skies in Australia
      54 20 Reuter AUSTRALIA will give foreign airlines greater access and plans an Australian international freight carrier, Transport and Communications Minister Ralph Willis told Parliament. Australia will ease its "like-for-like" policy, under which foreign carriers are only granted access to Australia if reciprocal rights are granted to Oantas,
      Reuter  -  54 words
    • Article
      Lock icon MCA pleased with posts allocation
      62 20 Bernama MALAYSIAN Chinese Association president Datuk Seri Or Ling Liong Sik said yesterday that he was satisfied with the party's representation in the new Cabinet line-up. He said that the present sllocation of portfolios to MCA ministers would ensure that the party was even more
      Bernama  -  62 words
    • Article
      Lock icon 'Manage foreign aid carefully'
      38 20 AFP PRESIDENT Suharto yesterday called for careful management of foreign aid, including a US$4.3 billion record pledged by Western donor countries this week, emphasising that such assistance had been won after "hard diplomacy". AFP
      AFP  -  38 words
    • Article
      Lock icon Unemployment down in Britain
      63 20 Reuter UNEMPLOYMENT in Britain dropped in May to its lowest level for nearly nine years, but official figures also released yesterday showed that wage settlements were outpacing the rate of inflation. The seasonally adjusted jobless rate, regarded as the best indication of the underlying trend, fell
      Reuter  -  63 words
    • Article
      Lock icon Recruit bans donations
      34 20 Reuter RECRUIT, the company at the heart of Japan's biggest post-War scandal, said yesterday that it had temporarily banned political donations and had imposed strict rules to avoid further embarrassment Reuter
      Reuter  -  34 words
    • Article
      Lock icon ' Missiles capable of hitting Manila'
      38 20 Missiles capable of hitting Manila' AFP SOVIET nuclear missiles are capable of hitting the Philippines, but are not necessarily targeted at the country, which hosts two US military bases, Soviet Ambassador to Manila Oleg Sokolov said yesterday. AFP
      AFP  -  38 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      432 20 special supplement IT'S BACK! BT's special annual supplement on the stock exchange. A sellout when it was launched last year. And required reading again this year, with topics such as: The China Crisis and Singapore's stock market. Which stocks where? Experts offer their views on the world markets. After CLOB?
      432 words
    • Advertisement
      Page 20 Advertisements Column 2
      12 20 See Focus, PAGE 9 Royal Trust rethinks business with China, PAGE 6
      12 words
    • Advertisement
      Page 20 Advertisements Column 3
      314 20 The Come* report was not available at press time ESUHSEH DDDDDDDDQDnnDQ &3Ep3&!n QjaßjaGa EHES a. OHoed ir*** mt %>%■■&%-%&' "Cooperation Development" Shandong, China Singapore Venue THE MANDARIN HOTEL, 4th Floor Main Building D Dale 24th June to 2nd July, 1989 Ti me 9.00 am to SJO pm (Monday to Friday)
      314 words
Page thumbnail Page 21
  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Evergreen to launch Aussie service
        152 21 Seatrade Week EVERGREEN Marine Corporation is expected to launch a container shipping service between Asia and the east coast of Australia soon, following a visit to Australia by Evergreen president, H K Chang. Senior Evergreen executive held extensive discussions with shippers, stevedores, port authorities and
        Seatrade Week  -  152 words
      • Article
        Lock icon All Chinese ports back to normal
        57 21 Reuter ALL Chinese ports including Shanghai are functioning normally apart from slight congestion in Tianjin, Lloyds Shipping Intelligence said. Barricades on major rail and truck routes have been removed but rail and truck services are still unable to resume normal timetables, it added. Communications
        Reuter  -  57 words
      • Article
        Lock icon Dicle in Turkey for repairs
        55 21 Reuter THE 13,120 dwt Turkish vessel Dicle has returned to Turkey, its cargo intact, for further repairs after damaging its forepeak in a collision with the 76,284 dwt Liberian bulk/oil carrier Dodsland in the Houston ship canal on May 19, Lloyds Shipping Intelligence said. The
        Reuter  -  55 words
      • Article
        Lock icon Aussie ban on Chinese ships
        92 21 Reuter THE Firemen and Deckhands Union of New South Wales said its members had imposed an indefinite ban on Chinese vessels as a protest against the Beijing government's crushing of demonstrations. "It will be an on-going ban for sometime on the various Chinese vessels as
        Reuter  -  92 words
    • Article
      New box freight station opens at Larkin
      317 21  -  By G Durairaj CONTAINER flow between Singapore and the southern Peninsular Malaysia will be much faster now that a container freight station (CFS) has opened at Larkin Industrial area. With its opening, all contain- ers moving between Singapore and Johore can be examined
      317 words
    • Article
      Index to advertisers
      930 21 ABBS I** XII 4/5 ABC Contomerline XI Accord Shpg VIII 3/4 AFS XIII Ahr«rki«l liner XII AC Toopfer XHI Arrow lines XI Assoc Carriage XIN ANl III 1/2 A PC lino VII API V 3-5 ASCI V Atlos Itno XII Bolt CoAoda l.n« IX Bolt Orient lino
      930 words
    • Article
      Philippines records 212 ship casualties
      175 21 SIXTY-ONE marine vessels plying Philippine waters sank in 1988, accounting for 29 per cent of 212 local maritime casualties of the year, the Philippine Maritime Industry Authority (Marina) said Fifty-three other vessels were reported missing, 33 were capsized, 27 ran aground and 19 had engine
      175 words
    • Article, Illustration
      Penang Port enjoys significant increase in throughput
      359 21  -  By G DURAIRAJ PENANG PORT chalked up a significant increase in throughput in the first quarter, thanks to a boost in export cargo. The quarter s throughput was lifted to 2.27 million tonnes, compared with 1.91 million tonnes handled in the same period
      359 words
    • Article
      Ace's express service to start on June 29
      401 21  -  By RAHITA ELIAS ACE GROUP'S new 56-day express service between the Far East and the United Kingdom/Europe will start on June 29. Transit time for the service has been reduced by seven days from the original 63. This was achieved by deploying
      401 words
    • Article
      Lock icon Iran may order 20 very large crude carriers from China
      356 21 Lloyd's List IRAN has begun work on a long-term plan which could result in 20 very large crude carriers being built by China before the end of the century. Preliminary contacts were made between the two sides long before either
      Lloyd's List  -  356 words
    • Article, Illustration
      Lock icon Ageing V/ULCCs: the cost factor
      1793 22 The challenge of Class Renewal Survey 111 In terms of cash flow and fleet reinvestment, the decisions now facing the owners and operators of ageing, large capacity tonnage are as crucial as those faced by the industry in the early 1980s. With the future outlook
      Lloyd's Shipping Economist  -  1,793 words
    • Article
      Lock icon Court asked to postpone trial of Exxon Valdez's former captain
      154 22 Reuter THE lawyer for Joseph Hazelwood, the fired captain of Exxon Corps Valdez supertanker, said he has asked the court to postpone until September Hazelwood's trial on charges arising from the biggest oil spill in US history. Attorney Richard Madson
      Reuter  -  154 words
    • Article
      Lock icon Salvors try to refloat Sea Service
      222 22 Reuter DANISH authorities are trying to pump out enough oil to refloat the Liberian-registered tanker Sea Service which ran aground in the Great Belt waterway between Zealand and Fyn islands, a National Agency of Environmental Protection official said. Duty officer Bent Enedal said the
      Reuter  -  222 words
    • Article
      Bunker market report
      544 22 Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmac limits Spec E25 991 1.0 15.0 0.10 30* 0.15* Spec G35 991 1.0 18.0 0.15 30* 0.15* Northern Europe 180 Ave 983 0.2 13.3 0.05 9 0.04 180 Max 993 3.0
      544 words
    • Article
      Who acts for whom ...
      2308 22 Who acts for whom A —B AB Shipping Boustead Shpg Agenciee (S). ABBS Lin* S MS Pte Lid (S)/Tunaa Sofia (PK/KL). ABC Contairverllne NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Lin* (PK/PN) Ahr*nki*l Liner Kim Shpg (S). Altr*d C Toepfer Oc*anua Shipping Ag*ncy (S)/Muttiport Sdn Bhd
      2,308 words
    • Article
      Lock icon Iraq celebrates Basra's USssb port programme
      470 23 AP IRAQ has staged nationwide celebrations to mark the US$5 billion reconstruction of the southern port of Basra, heavily damaged in the 8-year war with Iran, the official Iraqi News Agency reported. The agency, monitored in Nicosia, said 20,000 engineers, architects and workers, using
      AP  -  470 words
    • Article
      London Freights
      240 23 FREIGHT market business was reported to be slow on Wednesday with little enquiry or fresh fixtures and rates were generally unaltered. The Baltic Freight Index (BFI) reflected this trend, remaining at 1,390 points with only minor adjustments made to the major routes. A small 10,000 long tons cargo
      240 words
    • Article
      Shipping events
      352 23 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 13-16 The Nor-Shipping '89 Conference to be held at the Sjolyst Exhibition and Conference Centre in Oslo, Norway. Under
      352 words
    • Article
      SHIPPING LIST Where your ships are due...and when
      10613 30 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      10,613 words
    • Article
      SHIPS IN PORT
      1640 34 AT CONVENTIONAL WHARVES VhnI Voy No BarlhArrtval Departure KEPPEL WHARVES Arbela 1/89 K32 alongside 16 06/ 2300 Equator 15/89? K20 alongside 1606/ 0700 fe Pilot 3 K3I alongside 17 06/ 1500 1 Yermoshkin I0 89E C09 alongside 15 06/ 2300 Jokjgovmd 2E8 K35 alongside 17 06/0600 Kap
      1,640 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      19 21 Dictvonar} of For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821 Tlx: RS ***** BTAD
      19 words
    • Advertisement
      Page 21 Advertisements Column 2
      17 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association
      17 words
    • Advertisement
      Page 21 Advertisements Column 3
      238 21 "The Illustrated Encyclopedia of Wildlife" l Wildhfi r STP Distributor* Ageing V/ULCCs IN TERMS of cash flow and fleet reinvestment, the decisions now facing the owners and operators of ageing, large capacity tonnage are as crucial as those faced by the industry in the early 1980s when a large part
      238 words
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      1067 23 \WU/ I VJu-nK'l! C3»»nlify JARDINE SHIPPING AGENCIES 200 Cantonment Road 012 05 Southpoint. Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL,CES Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 Tele. No MA3947? MA***** PENANG TEL *****4 TELEX NO MA***** CFS
      1,067 words
    • Advertisement
      Page 23 Advertisements Column 2
      1358 23 MAERSK LINE This »m« Regina M Closing Time CV 20/6 0400 MRS CFS 19/6 1800 MRS "Port 'Penang Kelang 1 eeOer by M Kobe a M Tauro Sailed In PI 22/6 23/6 29/6 30/6 6/7 7/7 13/7 14/7 20/7 21/7 27/7 28/7 3/8 4/8 DESTINATIONS To California US Gulf US
      1,358 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      665 24 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON KAMAKURA LARGS BAY CITY OF EDINBURGH LONDON EXPRESS KASUGA t BONN EXPRESS CARDIGAN BAY BENALDER ALSO ACCEPTING CARGO TO ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG, MAIMO, HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG
      665 words
    • Advertisement
      Page 24 Advertisements Column 2
      327 24 < A SERVICE OF HAMBURG-SUD) EXPRESS SEMI-CONTAINER SERVICE TO 0 COLUMBUS LINE REEDEREI GMBH SMN SOCIETE MAURICIENNE DE NAVIGATION LTEE SOCIETE BOURBONNAISE OE NAVIGATION MBl> JT REGULAR SEMI-CONTAINER SERVICE VESSEL I SPORE I LOADING FOR TAMARIN VO4 89 22/« COLOMBO. PORT LOUIS. REUN FLAMBOYANT V4l 89 COLOMBO. PORT LOUIS. REUNION
      327 words
    • Advertisement
      Page 24 Advertisements Column 3
      822 24 I I L J>L-b *_S2 TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE NORTH SEA 912 W NORASIA SINGA 8913 3 NORASIA Al MUNTA2AH 8914-3 NORASIA SUSAN 8915-3 (VIA FEEDER) PEN PKL 14/6 15/6 21/6 22/6 28/6 2M 4/7 5/7 'I' M U| HJB 7H S-aa: 1 UK uU Bremen via
      822 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      971 25 Steamers Maritime Holdings Ltd W 4 P&O Containers CONTAINER SERVICE TO UK/CONTINENT: Also Accepting Cargo For: Hamburg to Cooenfugtfv Ajrhus. Gothenburg. Maimo. Stockholm, Helsinki, Sondorburg Rotterdam to Antwerp, Amsterdam Oslo. Baste. Zurich Bramennaven to Bremen Southampton to all UK destinations. Belfast and Dublin CONTAINERSHIP SERVICE FROM UK/CONTINENT: Nag Yofco Kobe
      971 words
    • Advertisement
      Page 25 Advertisements Column 2
      1431 25 >*=1. run VAMfi I IMC IT £SS '"DEPENDENT TAIIU Line FAR last europe fullt containerised servici WESTBOUND EASTBOUND Also accepting lor Inland UK destinations Antwerp and Scandanavian ports FMG tt, FLOTA MERCANTE GR ANCOLOMBI AN A S A (NATIONAL LINE OF COLUMBIA) Ld« lor HK'KAO KOBE/YOKO BUSAN r CAVN COMPANIA
      1,431 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      650 26 SUSINOSE MARITIME PTE LTD |i~ m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN BAYAN PJL7OO Singapore Loading for Sailed BANDAR ABBAS KYOWA LINE INTRODUCING KYOWA FAST DIRECT B/BULK/CONTAINER SERVICE FROM S'PORE/PK TO GUAM/SAIPAN AND MICRONESIA PORTS* ETA SPORE LOAD FOR •A VSL (TBN) Mid JULY 89 GUAM SAIPAN
      650 words
    • Advertisement
      Page 26 Advertisements Column 2
      840 26 HANJIN SHIPPING CO., LTD. TO EUROPE VIA SUEZ y'Ji: V CONTAINERISED SERVICE TO USA PACIFIC SOUTH WEST 1 CHOYANG CHANCE 04ZW HANJIN MASAN 049W HANJIN LE HAVRE 002W QUEEN S WAY BRIDGE OOSW LtHjvrt Rd*n H burj B'hjvtn Fitowt 5/7 6/7 7/7 9/7 10/7 12/7 13/7 14/7 I*' W 19/7
      840 words
    • Advertisement
      Page 26 Advertisements Column 3
      1051 26 EVERGREEN Full Contdiner Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO 1) PROVIDENCE. NEWARK. SAVANNAH BOSTON PHILADELPHIA. NORFOLK. JACKSONVILLE Wilmington bermuoa etc 2) ATLANTA. CHICAGO DETROIT COLUMBUS t OTHER MA>OR MICROORIDCE DESTINATIONS 1) BALBOA. LMON 4) MONTREAL TORONTO VIA NEW VORK Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) VESSEL SCP JED HBG
      1,051 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      814 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, *03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES CONVENTIONAL/SEMI-CONTAINER SERVICES RED SEA/EAST AND WEST AFRICA I CHINA VESSEL VOV SINGAPORE LOADING FOR: VESSEL VOV SINGAPORE LOADING FOR RONG HUA SHAN 9 27 30/6 DALIAN FAREAST PILOT 24-25/6 SHANGHAI CRANACH 13-14/7 SHANGHAI. ZHANJIAGANG j
      814 words
    • Advertisement
      Page 27 Advertisements Column 2
      464 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT HAWN ROAM HAVRE 1/7 *7 UP W V I*7 14,7 11/7 IV 10,7 up m nn W Up OP HI n0 lit nil M/i an V* M M i* UP M 124 1M IS/I im m LM 111 KM 224 EXPRESS CONTAINER
      464 words
    • Advertisement
      Page 27 Advertisements Column 3
      473 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. BESURI LLOYO P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEW CINTAINERSNIP SERVICES SIN6APORE Tl EURIPE S PANJANC/22 WB L J BOMTANCiIMB SPORE ANTWERP ROAM ADAM 17 ISt 13/7 (ACCEPTIWG CONVENTIONAL AND CONTAINERISES CARGO) 27 a* *,7 (ACCEPTING CONVENTIONAL AND CONTAINERISED
      473 words
    • Advertisement
      Page 27 Advertisements Column 4
      507 27 BOUSTEAD SHIPPING AGENCIES m LOIKAW VI46W HTONEYWA V24BW PAGAN VI42W BASSE IN VS4 PA AN VI4OW MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok SEMI-CONTAINER SERVICE NORTHBOUND TO UKC IVYBANK V24N TAUSALA SAMOA VISN CLYDEBANK V26N LVA'I SPORE ROAM HMBG HULL 18/6 17/7 21/7
      507 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      811 28 Kline KAWASAKI KISEN KAISHA. LTD. N. AMERICA-ATLANTIC COAST NEPTUNE JADE OOCI FORTUNE AMBASSADOR BRIDGE VOY LB 18 16/5 14 20/5 22 27/5 CHLS NFK 26/5 28/5 30/5 1/6 6/6 8/6 •PK/PNG *INDO 24/6 25/6 30/6 1/7 V 7 9/7 N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST FEEDER VESSEL RHEIN
      811 words
    • Advertisement
      Page 28 Advertisements Column 2
      784 28 J XM6 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Srnppore P Kclang Pcnang Loading tor MoMwr Vsl B» feeM By F«eM V 43 July 21 June 21 June F'em Mdb S»d" AM i V 4? Jul, 20 July 20 July Frem,MHb Sydrv AM < 2* Aug II Aug 11 Aug
      784 words
    • Advertisement
      Page 28 Advertisements Column 3
      510 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 2J. Teto* A»e» Street SINGAPORE 0104 TEL U4)W (10 LINES) r» U4MM STRAITS/PERSIAN GULF SERVICE: GOLDEN WONDER Cotombo Aariclw 'Diitw GOLDEN HAVEN CHINA SERVICE GUSHAN teUin P Krtanf Pfung CHINA OCEAN SHIPPING CO PEKING THE PEOPLE'S REPUBLIC OF CHINA uk.c coKVPfnoHAL mvia P
      510 words
    • Advertisement
      Page 28 Advertisements Column 4
      558 28 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD »07-12 AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX: *****76 15*. 22*. Ml is*. a*. 29* EAST/FM EAST Fa ft LCI SBIVICf ETA SINGAPORE DUBAI DAMNUM KUWAIT. DONA MUSCAT BAHRAIN ABU OHABI 4 SHARJAH JEDOAH (LCI) WEEKLY AQABA. HO
      558 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1036 29 Agents S pote NEPTUNE AGENCIES PTE LTD Bookings Book if ft EU/AUST TPA/S *****53 *****4 *****19 *****1 *****18 *****' P Keling K Lumpur #***** *****33 (CR NO. **********0E) NEPTUNE ORIENT LINES LTD NEPIINE SON BHD Pe«unj *****5 62 TWO *****1 *****2 EXPORT IMPORT TO" EUROPE UK (VIA SUEZ) VESSEL/VOY MB
      1,036 words
    • Advertisement
      Page 29 Advertisements Column 2
      798 29 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 ***** PtNANC P KELANG MESSRS MAI TmONG SHIPPING 12; Penang Street. Penang. Malawi M/S HANDLING SYSTEM CO SON
      798 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      292 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 226 6868 (34 l.nesi FAX *****39 *****/6 TllfX RS ***** A B SSCMA RS ***** A, B SSCAO DSR-LIMES 1 VEB DEUTFRACHTSEEREEDEREi ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE WILHELM PIECK 6/89 f AHRLANO VB/89 J*.
      292 words
    • Advertisement
      Page 30 Advertisements Column 2
      121 30 -m W T.SK. LINE WEEKLY CONTAINERISED S€«V«C€ WITH nxeo OA* ARRIVAL EXPORTS TO TAIWAN JAPAN [SB B9H EZH EES Lu9 fyfl U3C3 Q3 gj|| HERMES ACE V 22 HAKUSAN II V 7 CONTINENT ¥23 KABUKI V 23 HERMES ACE V 23 HAKUSAN II V* IMPORTS FROM JAPAN TAIWAN HAKUSAN II
      121 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      165 30 r Regional Weather l H <rr m r* V -I 3? H x SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Jun« 16, 1969 R c /<\ Weather Wmd <Vect»on with speed m knots R n Wovf h^ghl Cloudy Sky WoCt wmrfl Of* mdKOtcd by orrowi Hy witf Ht« wuhJ
      165 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      832 31 TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 iffi IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR IBN ALROOMI 20/6 Iraq/Japan THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOAOING CONTAINERS,CONVENTIONAL
      832 words
    • Advertisement
      Page 31 Advertisements Column 2
      325 31 s m P* RICHFIELD MARINE AGENCIES (S) PTE LTD TEL *****33 (10 Lines) FAX *****15 TELEX RS ***** RISHIP (3 Lines) (NftttfXWl I km of Ethiopia) ACCEPTING FCL AND CONVENTIONAL ersANEr in pt oaaessaiaam mombasa Djibouti VOY 15WB ASSAB MASSAWA HOOEIOAH ,BBAY *VON2 17/7 OARESSALAAM MOMBASA MBOOTI VOY 20WB ASSAB
      325 words
    • Advertisement
      Page 31 Advertisements Column 3
      610 31 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 < r _> CRYSTAL FREIGHT SERVICES PTE LTO 'v TEL: *****88/*****22 P.KELANG: 03-*****35 PENANG: 04-*****9 BANGKOK: *****21 HONG KONG: 03-*****8 ;cm COMPANIA CHILENA OE NAVECACION INTEROCEANICA SA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE FEEDER VSI SP N EMERALD 11N 11/Ot N
      610 words
    • Advertisement
      Page 31 Advertisements Column 4
      241 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE A GONCHAROV 10SI89 18/6 SUSAK 68N 20/6 2S/6 EQUATOR PRIDE 02W 21/6 27/6 LEUVE 9106 22/6 26/6 TIGER BAY 71N 27/6 30/6 27/6 4/7 3-4/7 10/7 8/7 VIETNAM RO/RO LO/LO SERVICE CONTACT PERSONS TELEPHONE NO TELEX/FAX NOS. OFFICE ADDRESS MR ROBERT
      241 words
    • Advertisement
      Page 31 Advertisements Column 5
      90 31 Mfargo shipping Te1:284 01SS REGULAR EXPRESS fCL ICI SERVICE 1 ABC CONTAINERUNE N.V TO AUSTRALIA/NEW ZEALAND 3d ANTWERPtN 22» TUT EXPRESS 221 E HuuiG 229 BRUSSEL 231 1* DATS TO BTDNET! TO USA/CANADA Alio accepting cargo to:USA Houston. Savannah. Tampa. Jacksonville. Wilmington (Dot) Norfolk. Baltimore. New York. Boston CANADA Montreal.
      90 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      186 32 MEIGO SHIPPING TRADING (PTE) LTO #11 03 PARKWAY PARADE TEL *****00 FAX *****51 CASLE MEIGOSMIP TLX: RS ***** MEIGO REGULAR CONVENTIONAL SERVICE SINGAPORE/PHILIPPINES CENTRAL MINDORO 28-30/6 MANILA. CEBU. DAVAO SINGAPORE/TAIWAN/HONG KONG !Sosb"u!!g. KEttUNC SINGAPORE/FAR EAST I LILY ALICE 1 1 jo-—" V.H ,i I THE NATIONAL SHIPPING COMPANY Of SAUDI
      186 words
    • Advertisement
      Page 32 Advertisements Column 2
      640 32 OcerhSeruice k L? SFFA operates over 600 terminals/offices in U.S.A. maintains over 35,000 tractors trucks, serves over 60,000 points in U.S.A. often reliable LCL/FCL services. SINGAPORE \SIUST 778 6522 (22 lines) 02****** Contact: Elaine Teo, Esther Yap. 21 *****4 CSAV 77T TO/FROM FEEDER IS'PORE I MOTHER VESSEL H« TOKO ARICA
      640 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      626 33 Everett Lines I m i■— 111 I. ■11 in mmm COMPANIA PERUANA OE VAPOHES "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P. Kelang* Singapore JOHNEVERETT l»/20 Jun MURRAYEVERETT 4,6 Jul
      626 words
    • Advertisement
      Page 33 Advertisements Column 2
      425 33 Z I M FULL CONTAINER SERVICE accei>tln| FCL/LCI cargoes to USA East 1 West Coast Carribbean.East Canada. HAITI Costa Rica. El Salvador Guatemala. Honduras Venezuela Peru. Ecuador. Colombia via Miami. Trinid*d. Barbados Antigua St Lucia. Montserrat. Guayana via Kingston 3533 ID LIVORNO IM LIVORNO IM GENOA IM KEELUNG AUSTRALIA CONTAINER
      425 words
    • Advertisement
      Page 33 Advertisements Column 3
      690 33 HWMW ft IMAM9POAT AIIOM (PTf) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENHOL VI2IN 17/6 20/6 A VESSEL 20/6 23/6 DESTINATIONS ETA SINGAPORE PORT KELANG 17 JUNE MANILA 16 JUNE HONG KONG. ALL CHINA PORTS 17 JUNE KEELUNG. KAOHSIUNG 18 JUNE BUSAN 23 JUNE TOKYO. KOBE 23 JUNE CHITTAGONG
      690 words
    • Advertisement
      Page 33 Advertisements Column 4
      428 33 W6EKCV Pou CONTAINER SERVI ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA L VOY SINGAPORE JAKART ETA ETD ETA El PRABHAKTI (TUES) PRASETIA PRASE TIA (WED) TANTO SEJATI TANTO SEJATI 20/6 21/6 23/6 23/6 27/6 28/6 30/6 30/6 24/6 26/6 28/6 29/6 SINGAPORE SURABAYA General Agents ASIA PERINTIS LINES
      428 words
    • Advertisement
      Page 33 Advertisements Column 5
      400 33 PTC CONTAINER LINES FCL LCI SERVICE •^Oj c ctcj CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL SIN AF6NANISTAN 21/6 HAIRATAN/KABUL/TOURGHUNDI General Agent* POH TIONG CHOON SHIPPING (PTE) LTD T EI. 2 201 1 66 e A> 225 7 6J' PS<»299c CB NO 1 0372"*****>' Port Kelang Agent SHAPADU TRANS-SYSTEM
      400 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      191 34 LINE FAST pte ltd TEL *****07 TLX ***** FAX *****76 '0 A SUN UNION LINE r REGULAR SERVICE TO KARACHI SPORE LOADING FOR OCEAN HAWK Vll6 23/6 KARACHI AMflts: SHIBUSAWA MEISHM N.T.V. TRANSPORTATION CO. (PTE) LTD. T«t: 223M22 Tta: RS M«11 Fu 229*524 r*! ROCO CARRIERS NORTH QUEENSLAND/PAPUA NEW GUINEA
      191 words
    • Advertisement
      Page 34 Advertisements Column 2
      836 34 fcad je container line TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANG PtNANC BANGKOK HONG KONC CHINA KAOHSIUNG KEELUNG 17 it a m 17 ft A 24/6 M A 221t 11* a nit lilt A 221t lilt A 22 6 lIIt A
      836 words
    • Advertisement
      Page 34 Advertisements Column 3
      656 34 te \^W/ MitsciOSK. Lines. Ltd A A A il FULL CONTAINER UK/CONTINENT (TRIO) S port P Kolon( S tan «burg iliam I tem lo KAHAKUIIA ll* W Kff 07,7 «/7 LARGS BAT 21* 23* Ufl W I*7 WW CITY OF EDINBURGH 22* 17/7 11,7 13,7 18,7 li/7 KASUGA 1 2M
      656 words