The Business Times, 22 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 THURSDAY, JUNE 22, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL MARKETS SUMMARY
    245 1 Dow lower SHARE prices opened mixed yesterday with the Dow Jones index of leading industrials down 2 66 points at 2.470 22 points at 1400 GMT. AFP Footsie up LONDON share prices were firmer near the day's peaks at midday yesterday as the market seemed unperturbed by
    245 words
  • Article, Illustration
    Sharp drop in HK prices
    145 1 SHARE PRICES on the Hongkong stockmarket fell sharply yesterday, while the Singapore market consolidated in a day of quiet trading. Hongkong share prices dropped 65.21 points to 2,272.50 in thin trading. Dealers said the US decision to impose further sanctions on China depressed local buying
    145 words
  • Article
    Sesdaq seeks CPF investment approval
    506 1  -  SECONDARY MARKET LANGUISHING By ROSIE TAN THE MINISTRY OF LABOUR is 1 considering an application to allow employees to use their < savings in the Central Provident i Fund to buy shares listed on the < Stock Exchange of Singapore Automated Dealing and Quota- 1
    506 words
  • Article, Illustration
    Lock icon Bumpy ride for second-hand and scrap cars
    495 1  -  By JEFFREY TSANG HINTS that the government is I evaluating the possibility of doing away with the scrap car scheme have caused the scrap and second-hand car markets to plummet. Prices have dropped by some 30 per cent over the past two months
    Source: Automobile Review  -  495 words
  • Article
    Lock icon China executes three in Shanghai, announces more death sentences
    491 1 UlHe China question Agencies CHINA turned its back on world opinion yesterday, executing three men involved in anti-gov-ernment protests and announcing more death sentences. Hours after the three died in Shanghai convicted of setting fire to a train which had killed
    Agencies  -  491 words
  • Article, Illustration
    Lien presents redevelopment plans for Thai Embassy site
    529 1  -  By LEE HAN SHIH JUST A DAY after he was discharged from hospital, Overseas Union Bank chairman Lien Ying Chow made his way to the Thai Embassy to make a bid for the right to redevelop the embassy site His presence yesterday
    529 words
  • Article
    Lock icon Taiwan's growth forecast too optimistic, says institute
    148 1 Reuter TAIWAN'S gross national product is expected to grow at 6.6 per cent in calendar 1989, the Economic Research Institute of Taiwan, a private think tank, said. This compared with a forecast of 7.32 per cent in GNP growth by the government's Bureau
    Reuter  -  148 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      85 1 fIQ < Jl. J Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD Singapore: Phone *****22 Kuala Lumpur Phone. 75/0233 Penang Phone *****5/*****1 Jakarta Phone *****5 tf» Jit 'UT. VG SINCE 1860 SWISS MADE E5 HE '^pHit W ispp ..'■l' V -n <3^ M'-r v The only watch
      85 words
    • Advertisement
      Page 1 Advertisements Column 2
      0 1
      0 words
    • Advertisement
      Page 1 Advertisements Column 3
      202 1 [-(@{|+.*&*?/~"*``_~<'^-;@-^>^& Editorial Comment: 12 Extra-national elections US economy 11 Going for a soft landing Paris air show 11 Aerospace industry's victory roll Primary Industries Enterprises 2 Selling poultry processing plant Advertising Marketing 3 The cognac war is on Third World talks 6 Rich nations conspicuously absent Singapore Airlines Second aircraft
      202 words
    • Advertisement
      Page 1 Advertisements Column 4
      10 1 ON THE BACK PAGE: Third polytechnic may Incorporate design school
      10 words
    • Advertisement
      Page 1 Advertisements Column 5
      67 1 Menstoch Quality before your eyes Exclusiv 7065 C t What percentage of the purchase price should you allow for stamp duty and legal fees HOME B OVER'S AN S W E R S Send for our free step-by-step Home Buyer's Guide to help you through the biggest financial decision of
      67 words
Page thumbnail Page 2
  • HOME NEWS
    • Article
      Primary Industries Enterprises to sell poultry processing plant
      486 2  -  By ANNA TEO GOVERNMENT-OWNED Primary Industries Enterprises (PIE) has put its poultry processing plant on the market, having closed the entire division last month Lukewarm, if not poor, response to the company's chilled Tenderfresh chickens and high overheads of running a slaughter
      486 words
    • Article
      BG Lee to kick off new series of walkabouts
      380 2 A NEW SERIES of walkabouts will kick off this Sunday with a visit to Nee Soon Central by Trade and Industry Minister Lee Hsien Loong Four new junior ministers are included in the series. Tours of six constituencies at about one
      380 words
    • Article
      Contest tor CAJ logo
      100 2 THE Singapore National Union of Journalists yesterday launched a national competition to pick the best entry for the Confederation of Asean Journalists (CAJ) Logo Competition. Judging of the regional competition will take place when the CAJ meets in Singapore on Nov 28 and 29. The other
      100 words
    • Article
      Space for growth in Singapore's ties with Canada
      408 2  -  By MARTIN SOONG CANADA and Singapore's relations over the past three years have matured with increasing trade and Canadian investments here, but can by no means be characterised by an unbroken string of successes, or a dramatic breakthrough into a higher profile.
      408 words
    • Article
      Keen on a holiday home?
      188 2 FOR ABOUT $90,000. Singaporeans can take to the country, build a bungalow by the river and turn to fruit-farming. A Malaysian consortium which owns 120 hectares of farmland along the Johor River will be selling some 50 plots of the freehold land to individuals or
      188 words
    • Article
      New detention orders against Teo Soh Lung, Vincent Cheng
      147 2 TEO SOH LUNG and Vincent Cheng the two remaining detainees out of the 22 people arrested as Marxist subversives by the Internal Security Department in 1987 have had fresh detention orders issued against them. The Home Affairs Ministry yesterday confirmed that
      147 words
    • Article
      Overstayers arrested
      96 2 TWENTY-NINE overstayers and one illegal immigrant were arrested on Tuesday following stepped-up checks on worksites and lodging houses. Among the overstayers are 13 Sri Lankans. 10 Indians and six Thais The illegal immigrant is a Thai According to a Home Affairs Ministry statement. seven of the overstayers two
      96 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      256 2 First time Ever In Singapore INWATION 1 To A Presentation by Adobe. wrnmmmm kfc Silentwriter 'Lcm 1 PtJSTSCRIPT "Page Printer w& Marking its first time ever in SE Asia, Adobe will be conducting a presentation in Singapore specially brought to you by NEC. Adobe is a pioneer in the field
      256 words
Page thumbnail Page 3
  • ADVERTISING & MARKETING
    • Article, Illustration
      'Speak Mandarin' account: McCann-Erickson wins again
      396 3  -  By GENEVIEVE CUA McCANN-ERICKSON has clinched the "Speak Mandarin" campaign for the fourth consecutive year, beating bids from 20 to 30 advertising agencies. Figures compiled by Survey Research Singapore show that the MCI spent about $430,000 on media last year for the campaign, about
      396 words
    • Article
      Camus to more than double advertising budget for S'pore and HK
      245 3 CAMUS International, known for its line of premium cognac, will be more than doubling its advertising and promotions budget for Singapore and Hongkong in an effort to jostle for a bigger market share. Camus International chairman Norberto Herrero said
      245 words
    • Article, Illustration
      Dowler to leave DMB&B for Y&R Australia
      344 3 THE MAN responsible for turning around the fortunes of advertising agency D'arcy Masius Benton Bowles (DMB&B) in Singapore will be heading a new advertising venture in Sydney. Mr Bill Dowler, DMB&B's managing director, will be at the helm of Young and Rubicam Australia,
      344 words
    • Article
      BA's first class impressions of S'pore
      180 3 BRITISH AIRWAYS has launched a $120,000marketing blitz to woo passengers to travel first class or club world (business class) on its SingaporeLondon flights During the three-month promotional campaign entitled "Impressions of Singapore A Private Gallery by British Airways", regular passengers in the two classes
      180 words
    • Article
      Lots to smile about
      327 3  -  By GENEVIEVE CUA A TELEVISION SPOT calling on Singaporeans to promote tourism by giving visitors a "billion-dollar smile" is drawing more smiles this time, of triumph. The "Smile" commercial was the first Asian entry to win the highest accolade from the annual International Broadcasting Award held
      327 words
    • Article
      Hyatt staff to get a morale booster with designer clothes
      335 3  -  By SANGEETA MULCHAND THE STAFF UNIFORM is no longer for identification purposes alone, it seems. Come December, Hyatt Regency will join the growing list of organisations getting uniforms designed by top fashion names to boost both the image of the
      335 words
    • Article, Illustration
      Cognac distributors fight it out for a bigger share
      569 3  -  AD-PROMO BUDGETS INCREASE IN LINE WITH SALES By SANGEETA MULCHAND THE COGNAC war is on. With the economy booming and businessmen celebrating their achievements over a glass of cognac, market distributors are waging an advertising war to safeguard their territories, while
      569 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      49 3 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! complete facilities telex, fax, copier, word processing secretarial services, conference room answering service, long short term lease vou name it! Your inspection enquiries welcome. WORLD WIDE BUSINESS CENTRES (S) PTE LTD 11-04 06 peninsula Plaza, Tel: 336 1769
      49 words
    • Advertisement
      Page 3 Advertisements Column 2
      215 3 tV Our Saies/EngineeringTeam specialises in saving you money. IS jNfcx v iVV uv How much monev'' Perhaps as much as the money. Programmes such as Gear and Engine total cost of the lubncants themselves. It your operation Inspections, is substantial that could be a considerable amount. Equipment, and Mobil s
      215 words
Page thumbnail Page 4
  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Johor expects to attract investments of up to M$10b
      420 4 Bernama THE JOHOR government expects to attract local and foreign investments of between Ms 7 billion and Mslo billion to the state over the next five years if the current trend of economic development is maintained and basic facilities further enhanced.
      Bernama  -  420 words
    • Article
      Lock icon Gorbachev calls for better ties with Iran
      331 4 NYT SOVIET President Mikhail Gorbachev heartily welcomed the speaker of the Iranian parliament to the Kremlin on Tuesday and made a pointed appeal for closer relations, saying the time was never better to show that Soviet restructuring and the Iranian revolution shared common
      NYT  -  331 words
    • Article
      Lock icon Aquino urged to head land reform department
      130 4 AFP A PHILIPPINE senator urged President Corazon Aquino on Tuesday to assume the post of Agrarian Reform Secretary to show she is serious about breaking up large estates and giving land to poor tenants. Mrs Aquino will seek crucial funding for land reform
      AFP  -  130 words
    • Article
      Lock icon Foreign banks offer help to privatise Thai companies
      150 4 AFP THREE foreign financial groups have offered to study privatisation options for loss-ridden state enterprises under the Thai Communications Ministry, a Thai senior ministry official said on Tuesday. Krishnee Varanusupakul, director of the Ministry's Transport and Communications Economic Division, said Credit Suisse
      AFP  -  150 words
    • Article
      Lock icon US denies role in crackdown of Kwangju uprising
      225 4 AP THE UNITED STATES has formally denied to South Korean authorities that it played a role in a 1980 military crackdown against anti-government demonstrators in Kwangju that led to the deaths of about 200 people. The US position was outlined in an
      AP  -  225 words
    • Article
      Lock icon Walkman still walking tall after 10 years
      308 4 AP THE TECHNOLOGY behind the Walkman portable cassette-play-er might never have developed without these words from Sony chairman Akio Morita: "Turn down that music." Mr Morita. seeking to soften his children's blasting stereos, asked his development team for something that would let the
      AP  -  308 words
    • Article
      Lock icon Seoul economic package comes under fire
      294 4 AFP A SOUTH KOREAN government package to rescue the economy from a purported crisis came under sharp criticism on Tuesday from both labour and management but for opposite reasons The government decision announced on Monday to fight inflation by restraining the growth of the
      AFP  -  294 words
    • Article
      Lock icon Investment in Manila up 42pc
      93 4 AFP TOTAL investment in the Philippines rose by 42.8 per cent to 6.046 billion pesos (U*****.74 million) in the first five months of 1989. the Securities and Exchange Commission (SEC) said yesterday. This was a sharp improvement over the 4.233 billion pesos invested in new
      AFP  -  93 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      892 4 ARRIVALS Operator Service Local From number ttm# MAS MH640 0820 KUL MAS MH37A 08S0 KUL MAS MH653 0920 PEN MAS MH630 0920 KUL ACA AC888 0925 YYZ/LON/SOM SIA SQ103 0950 KUL CPA CX710 1000 CGK GIA GA975 1055 CDG/AUH GIA GA960 1100 CGK SIA SQ105 1105 KUL
      892 words
    • Article
      Lock icon Japanese minister seeks more import expansion
      332 4 AP Reuter JAPAN'S top trade official yesterday urged hundreds of the nation's major companies to increase their imports to help reduce Japan's huge global trade surpluses. Seiroku Kajiyama, Minister of International Trade and Industry, told representatives from 162 trading houses, manufacturers and other companies
      AP; Reuter  -  332 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      342 4 tt M/AVi '«vv, J//.W, tVyAVi MM You get a taste of everything in Australia's Northern Territory. There's adventure unlimited in a land so rich with mysteries and natural wonders. Yet the luxuries of world-c lass hotels and deluxe tours are C Jk there for the taking when all you want
      342 words
    • Advertisement
      Page 4 Advertisements Column 2
      34 4 The bttsinei* pcnon'i cboks mty Tuoday, Tfcnnday. Saturday and Sunday. Leaving Airport at 22M hown and arriving Heath 10* eariy the following morning. CtHyour Trtrri Ajrr* or Air CMud* 7jmis A BREATH OF FRESHAIR
      34 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      128 4 H Max/ Mln (°C> 14/08 27/16 30/16 16/11 36/28 33/25 29/23 29/22 30/22 23/12 25/13 30/25 26/13 16/13 27/11 19/15 19/10 33/20 17/10 12/03 25/19 28/15 26/16 30/20 24/15 28/12 27/13 33/20 23/13 09/05 27/25 31/24 36/19 24/15 33/24 28/15 18/02 22/15 34/24 unov 26/15 28/24 37/18 33/17 32/24 Fine
      128 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      180 5 EY. SPEF.DIE! 'AVE YOU 'EARL) ZE TERRIBLE NEWS? From Seitember sth, UTA Are Giving 'Ungry Singaporeans Even more Time To Eat In PARIS, Willi /.AIR NON-STOP Fl.IGIIT! > OH NON! WE D BETTER J get Out Of 'Ere quick: c. 1 < L SFP I I MIU R •>///! THAT'S
      180 words
Page thumbnail Page 6
  • REST OF WORLD
    • Article
      Lock icon Industrial nations shun Third World talks
      437 6 Reuter THE POOR NATIONS of the world are in Caracas this week to talk about their development needs and their US$l.3 trillion debt burden. But the rich nations that might help them out of their misery are conspicuously absent. The 120 Third World countries,
      Reuter  -  437 words
    • Article
      Lock icon Spain seeks EC backing
      92 6 Reuter SPAIN wants European Community leaders meeting in Madrid next week to set up a special fund to back US efforts to ease the Third World's debt burden. EC sources said on Tuesday that Spain was urging its EC partners to do more for its former
      Reuter  -  92 words
    • Article
      Lock icon Doubt conventional wisdom, urges Doonesbury creator
      167 6 UPI CARTOON LOGIC: "Doonesbury" cartoonist Garry Trudeau says a little impudence is a good thing. Mr Trudeau was the speaker at Stanford's commencement recently and his talk echoed the sentiments of his cartoon strip as he urged the 3.500 graduates to be "disrespectful of
      UPI  -  167 words
    • Article
      Lock icon Industrial countries boost consumption and investments
      331 6 AP AMERICANS, Japanese and West Europeans have been boosting both their consumption and investments during the 1980s but developing countries have lagged in both, according to the latest figures from the World Bank. The average Japanese, for example, used up U555,269 worth of goods
      AP  -  331 words
    • Article
      Lock icon Governments facing stern test: Gatt
      207 6 AP TENSIONS have increased in international trade and governments' commitment to global-trade liberalising negotiations is facing its "sternest test," the General Agreement on Tariffs and Trade (Gatt) said in Geneva on Tuesday. In the short term, the 1968 US Trade Act could have the greatest
      AP  -  207 words
    • Article
      Lock icon Congress reconsiders two 'illegal' import fees
      297 6 FT THE US CONGRESS is weighing proposals aimed at revamping two fees on imports, both found to be illegal under the international trading rules of the General Agreement on Tariffs and Trade (Gatt). The Bush administration has been anxious to avoid any suggestion that
      FT  -  297 words
    • Article
      Lock icon Socialist International calls for more human rights
      161 6 Reuter THE SOCIALIST International (SI) on Tuesday urged states to adopt new standards of human rights which ensure economic as well as political freedom. The International, which groups 81 socialist and social democratic parties worldwide, called for steps to outlaw capital punishment and
      Reuter  -  161 words
    • Article
      Lock icon US launches trade competitiveness committee
      281 6 AP US PRESIDENT George Bush's committee to enhance US trade competitiveness was launched on Tuesday with Vice-Presi-dent Dan Quayle promising to shore up US interests against the coming consolidation of European markets. Mr Quayle, who heads Mr Bush's new Council on Competitiveness, said the European
      AP  -  281 words
    • Article
      Lock icon Green wave sparks soap war in France
      305 6 Reuter THE GREEN political wave breaking over Europe has started a washing powder war in France The country's billiondollar soap powder market has become the battleground tor West German and French firms skirmishing about what is cleanest, not tor clothes but for the
      Reuter  -  305 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      257 6 vr J- v #Ff F I IFF F ,"v"V <•••■ 1 iS^T *"f 386 POWER. 2 MB MEMORY AND ACCESS TO THE WORLD'S LARGEST MICRO SOFTWARE BASE The Power Mate SX from NEC. All you need to increase your productivity dramatically, cost efficiently. It is equipped with Intel's new 386SX
      257 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      47 6 Doonesbury W ANPRSW! THERE, YOU'RE POCATELU! BACK! *r k .V r^K»^ AS*"* ill IN THE FLESH' NO. WHY YOUPIPNT AREN'T RENT MY YOU IN APARTMENT, THE HOS PIP YOU 7 PITAL s THEY BOOTEPME. OKAY. BUT APPARENTLY, I'M PONT PIS' UMLBNOU6H TO TURBTHE CROAK AT HOME OTHERS.
      47 words
Page thumbnail Page 7
  • BANKING AND FINANCE
    • Article
      Lock icon US insurers attempt different tack in Japan
      603 7 Reuter US LIFE INSURERS, pinning their hopes for Japan on the growing financial sophistication of domestic households, are introducing products and sales techniques largely unheard of in that country, industry sources said. But to succeed they must face the world's largest insurance companies
      Reuter  -  603 words
    • Article
      Lock icon Japanese banks to raise long-term prime rate to 6pc
      246 7 AFP JAPAN s three long-term credit banks said on Tuesday they would raise their prime lending rates from 5.7 per cent to 6 per cent from July 3 following similar moves by commercial banks last week. The interest-rate hike is the
      AFP  -  246 words
    • Article
      Making it easier for Easi-Card applicants
      123 7 CUSTOMERS of the OCBC Bank group can now apply and receive their automated teller machine (ATM) card, or the so-called Easi-Card. instantly. The group said yesterday that a customer can choose his personal identification number (PIN) and pick up the card right away when
      123 words
    • Article
      Lock icon CFTC to vote on new CME futures contracts
      212 7 Reuter THE COMMODITY Futures Trading Commission (CFTC) will vote next week on proposals by the Chicago Mercantile Exchange (CME) to trade three new interest rate futures contracts and an option, a CFTC spokesman said. The votes, set for June 29 at 1800
      Reuter  -  212 words
    • Article
      Lock icon US commercial banks stiffen competition with brokerages
      385 7 Reuter THE ENTRY of commercial banks into the US corporate debt arena will mean keener competition for brokerage houses, a rivalry that eventually may embrace all financial securities businesses, analysts and traders said. "The banks are going to be another source of competition
      Reuter  -  385 words
    • Article, Illustration
      SIA gets eight bids for second aircraft leasing contract
      409 7  -  Bv QUAK HIANG WHAI SINGAPORE AIRLINES, which has awarded the first lease financing contract for two of its aircraft, is currently evaluating the eight bids received for the second contract. The first contract is for the financing of two Boeing 747-400
      409 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      44 7 \V7hen you've just acquired a new ohjet d art, appreciate the moment with one that can he tasted. v. -1 1 itgap 1 Heinekcn t v' 77,71 S I ft iDUSK-' r kKSPu*!. irn J llciitcki H gl Safe* w MSB x *r Heineken
      44 words
Page thumbnail Page 8
  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1706 8 SINGAPORE: HEAVY short-covering by Japanese investment trusts and European firms pushed s the US dollar higher in late afternoon trade, despite two rounds of Japanese central bank intervention in Tokyo, dealers said. The dollar ended slightly up at 145 00/10 yen and 1 9900/10 mark against New York's
      1,706 words
    • Article
      Comex gold/ silver future
      193 8 Gold futures on June 20, 1989 100 troy ounces, USS per troy ounce Open High Low s*m« lun 367 90 367 90 366.10 366 30 080 Jul 367.40 -1.00 Aug 371.30 372.00 368 80 369 60 -1.00 Oct 375.00 375.50 373.20 ***** -0.90 Dk 379.30 *****
      193 words
    • Article
      Asian dollar market
      272 8 ASIAN DOLLAR deposit rates yesterday opened slightly lower in thin trading. Dealers said a slight drop in the US Federal funds rate and firmer US bond prices caused rates to weaken slightly Among short-dates, Wednesday/Thursday slipped 1/16 point to 9-7/16 9-5/16 per cent but week-fixed was stable
      272 words
    • Article
      Lock icon Simex
      500 8 Reuter EURODOLLAR futures closed lower on profit-taking and some selling interest in quiet trading. Dealers said the market lacked fresh factors and participants were awaiting the release of the Federal Reserve's Tan Book for an indication of economic conditions in the US. September Eurodollar fell to 91.06 from Chicago's
      Reuter  -  500 words
    • Article
      Lock icon IMM
      296 8 Reuter IMM currency futures yesterday eroded during afternoon trade to end lower and near the day's lows. Late activity picked up as dealers who had taken long positions during the morning rise turned sellers at the close. Technical selling accelerated when nearby West German marks and Swiss francs breached
      Reuter  -  296 words
    • Article
      Money markets
      62 8 THE OVERNIGHT rose by 1/8 to 5-1/2 on the Singapore money market yesterday. One- and threemonth rates rose remained unchanged while the two-month rate rose 1/16 point. S$ Interbank rates at the close yesterday Offtd MO J 1/2 5 3/8 I-man* 5 5/16 5 3/16 2 man* 5
      62 words
    • Article
      Government Securities Market
      103 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BIO OfftR UGH LOW 3 months RQ*****H 21.09.89 4.04 3.99 4.08 3.90 6 month* BQ*****H 23.11.89 4.05 4.00 1 yar BQ891 OOf 24.05.90 4.27 4.22 4.19 4.19 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's
      103 words
    • Article, Illustration
      World interest rates
      193 8 Indlcilii Km iw>q< of uif pnrTif riiti or 12 nw)or bank* in S'por* Interbank market rates (offer/bid) on June 21 us$ DM SWFC Y«n 7 tfoyi 1 m#i 3 m* 6 12 i/a 9 i/« 9 7/14 S/1* 9 7/1* S/1* 9J/I-9 1/4 9 S/l* 3/1* 13
      193 words
    • Article
      Options
      1226 8 CURRENCY FUTURES OPTIONS Wednesday, June 21, 1989 OCUTSCHEMARK (S4MEX) tap 88 can* ttg* Law 1 Ian 9api High 88 putt Law Sao 52 200 S3 275 54 359 JAPANESE YEN (8IMEX) Sap M call* 9ap 88 puts 1 Mgh Low 9a« 1 Wg* Law Sad 75 552 CURRENCY FUTURES
      1,226 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      60 8 fpASTOIV CWHIS)] Specialists m Fme Hand-knotted Carpets "¥Jm M ■i Sunday, June 25, 1989 Grand Ballroom Hilton International Singapore 120 Tribal And Fine Oriental Carpets Rugs M m m. ImS EG* IN m All lots are guaranteed and backed by a full trade in value at our showroom Auctioneers Cheon#
      60 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      375 9 u k I Now"s The Time To Change Your Mind m m r *%.-A I X> >V, t T l&.M* r.< V f. SrV r i m m m w m w ♦w w m f S: > v n X s*?« ■■<■■ fcV t •>■ s* »V.v A 4
      375 words
Page thumbnail Page 10
  • COMMODITIES
    • Article
      Lock icon Jakarta prefers free trade coffee system
      309 10 Bernama INDONESIA prefers a free trade system in international coffee trading, according to Junior Minister of Trade Sudraiat Djiwandono. He said Indonesia would be able to export bigger volume of coffee if the quota system imposed by the International Coffee Organisation (ICO) was revoked.
      Bernama  -  309 words
    • Article
      Lock icon Manila holds coffee talks with Soviets, Chinese
      150 10 Reuter THE PHILIPPINES is negotiating with China and the Soviet Union for the sale of 4,000 tonnes of Robusta coffee, a Trade and Industry Department official said. "This will be the first time we will be selling to the Soviet Union and China,"
      Reuter  -  150 words
    • Article
      Produce Prices
      195 10 Chinese Produce Exchange Sellers' noon dosing prices on June 21 (S$/100 kg) Coconut oil Bulk FOB 106.00 Old drum FOB 116.00 New drum FOB 120.00 Copra Mixed (loose) 62.50 sellers Pepper Muntok white FOB NIW 567.50 Sarawak white FOB faq NIW 557.50 Sarawak special black FOB NIW 527.50
      195 words
    • Article
      Lock icon Precious Metals
      349 10 Reuter HONGKONG: GOLD yesterday closed at its day high in moderate afternoon trade on light shortcovering and buying by European investors, dealers said Bullion ended at US$365 70/366 20 an ounce against an early $365.00/50, an unchanged New York close and Tuesday's finish here of $366 70/367 20.
      Reuter  -  349 words
    • Article
      Lock icon Crude Oil and Products
      159 10 Telerate FUEL OIL market remained stable-to-weaker in quiet trade. Concern over excess cif supplies and ullage problems continued to burden spot market. Cargoes from Jubail, Kuwait, and Bahrain were heard destined for the Far East by end June-early July, adding further bearishness to market Prices were
      Telerate  -  159 words
    • Article
      Rubber
      326 10 SINGAPORE: PRICES yesterday closed easier with July 1 RSS quoted at 181.00 cents a kg. down two cents from Tuesday s close. Dealers said prices weakened in the afternoon on lack of buying support and profit-taking in quiet trading. On the TSR-20 Award market, prices closed lower on light
      326 words
    • Article
      RAS and MRELB
      267 10 RAS prices tn 3 c*«t»/kg. fob m t>*i*t 1 NOON CLOSE Buyers Sellers Buyers Sellers Wit 1 RSS Prompt 185.50 186.50N 183.00 184.00N lot 1 RSS My 09 183.50 184.50N 181.00 182.00N lot 1 RSS Aug 187.50 188.50N 185.00 186.00N bit 2 RSS OP 183.00 185.00N 181.00
      267 words
    • Article
      SSR and SMR
      86 10 (caMt/kg) JUIY 1989 AUGUST 1989 (current month) (forword month) NOON NOON RAS %vyri S«lt*ri sst 30 151.50 153.50N '51 50 153.SON SS» 50 149.50 151 SON 149.50 151.SON MRELB luy»M S*H*n luy*M S#tWfi smr cv ***** 244.50N 244.50 246.S0N SMS I 244.50 2 46. SON 246.50 248.SON
      86 words
    • Article
      Lock icon Wheat
      230 10 Reuter CHICAGO Board of Trade soft red winter wheat futures on Tuesday closed 3/4 cent to 2-1/4 cents per bushel lower in anticipation of increased harvest activity as soaked southern fields dry. traders said. July settled at U553.95-3/4 after being held in a narrow four cent range The outlook
      Reuter  -  230 words
    • Article
      Palm Oil
      458 10 MALAYSIAN CRUDE PALM OIL FUTURES eased yesterday in active trading on the KLCE. Dealers said soyabean and soymeal, which closed half-limit down on the CBT overnight, pressured the local bourse to open lower and thereafter establish new lows of around MsB49 per tonne. In the afternoon, prices picked
      458 words
    • Article
      Lock icon KL Tin
      228 10 Bernama FURTHER buying demand pushed up the price of tin on the Kuala Lumpur Tin Market by 30 centa to M52«.80 a kg In fairly active trading. The continued small turnover of 42 tonnes against 41 on Tueeday reflected miners' reluctance to dispose at current levels. European traders
      Bernama  -  228 words
    • Article
      London markets
      261 10 London < Commodity Exchange Buyer/Seller closing prices on June 20 (£/tonne unless specified). Previous closing prices in porenttoesis. Coffee Bosh in-ttof* London, seller, option OF London M 1121/1123 (1120/1127) High/Low 1124/1112 S*o 1090/1092 (1083/1097) High/Low 1092/1072 Sol!. < 1326) Cocoa jo 801/802 (800/805) High/Low 803/795 S«p 822/823 (822/823)
      261 words
    • Article
      Lock icon Soybean
      220 10 Reuter CHICAGO Board of Trade soybean futures on Tuesday ended 12-1/2 to two cents per bushel lower, led by the July contract which settled at U557.36-1/4 on reports of scattered country movement, traders said. Weakness in soymeal and forecasts for needed rains in western soybean states added to negative
      Reuter  -  220 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      375 10 SINGAPORE BUSINESS YEARBOOK 1989 is a must read for corporate executives, managers, entrepreneurs, professionals, young, aspiring executives, and investors who need to keep their fingertips on the pulse of the Singapore business scene. ASEAN ECONOMIC SURVEY Challenges Facing Asean Any slow down in the United States and other industrialised countries
      375 words
Page thumbnail Page 11
  • PERSPECTIVE
    • Article, Illustration
      Lock icon Aerospace industry's victory roll
      687 11 FT A SPECTACULAR FLIGHT display starring the Soviet space shuttle Buran closed a recordbreaking 10-day Paris air show at the weekend, confirming not only the buoyant state of the civil aircraft market, but the trend towards international co-operation both in the civil and military side of
      FT  -  687 words
    • Article
      Lock icon Going for soft landing
      556 11 THE US ECONOMY Reuter THE FEDERAL RESERVE appears to be piloting the US economy to a "soft landing" that avoids recession and trims inflation pressures, but the flight path to a successful slowdown is beset by potential turbulence. "The chances of getting there are not bad.
      Reuter  -  556 words
    • Article
      Lock icon Unified banking set to soar
      622 11 EC SINGLE MARKET AFP THE European Community's planned barrier-free financial market, which took a giant step forward Monday, has the potential to become the most dynamic in the world. "This is the formula for the largest and most unified banking market anywhere," the commissioner for
      AFP  -  622 words
    • Article
      Extra-national elections
      553 12 BUSINESS TIMES THURSDAY, JUNE 22, 1989 IT IS EASY to overestimate the results of an election such as the one just held for the European Parliament. Read purely in terms of number, the results do show a marked swing in favour of the mainstream Left However, what the
      553 words
    • Article, Illustration
      Paying the price for speaking up
      1685 12  -  With hardliners back in control in Beijing, left-wing organisations in Hongkong that threw in their lot with protesting students on the mainland are bracing themselves for a backlash or even a purge. FOO CHOY PENG, BT's Hongkong Correspondent, sketches the scenarios. FOO CHOY PENG
      1,685 words
    • Article
      The day they shot to pieces visions of a Pacific Century
      1562 12  -  DENG'S TANKS EXACT A HEAVY PRICE i W By TAN KEE WEE WHEN THE TANKS of Deng < Xiaopeng smashed into stu- dents in Tiananmen Square on < that fateful June morning, vi- 1 sions of a Pacific Century
      1,562 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      101 11 DON'T LIMIT YOURSELF TO ONLY ONE POINT OF VIEW. I\) you see an ugly witch? A young beauty? Or both? Only one magazine looks at both the gaxi and the bad side of business in Singapore to gi\>c you the perspective you need for your decisions. To get ahead in
      101 words
  • Page 11 Miscellaneous
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      141 12 PI Ta Kung Pao 342 Hennessy Road. Hong Kong X. M 14 n m WEN WEI PO FOR THE VEWSOF FINANCIAL EXPERTS Changes in interest and exchange rates affect your business. BANKING FINANCE brings to you the views of experts in Singapore as well the other financial centres, from Hongkong
      141 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      296 13 1 N f nil T w Uuu^ s ,ng^ r6 89 MICE 9 con£ ul£B^ NipUTER IMDUSTHW REVIEW a L u L—- L J i L L J L, LJ L-i w o x.veM 2S v«iR RV 3.HP 4U W r KS V.Cb 6M jL Th? B o A^y lO
      296 words
Page thumbnail Page 14
  • LEISURE
    • Article
      Lock icon California oldies lead in price and quality
      972 14  -  WINES By FRANK PRIAL NYT SOMEONE WROTE recently remarking on the ability of some of the old-line Italian wineries in California to produce good wines at astonishingly low prices. It's true. Some of the oldtimers and their not-so-old offspring consistently put fashionable wineries
      NYT  -  972 words
    • Article, Illustration
      Lock icon Quinn to tackle Tracy's role
      584 15 CINEMA UPI ANTHONY QUINN is off to the Caribbean to star in Ernest Hemingway's The Old Man and The Sea, playing the ancient fisherman in a role that earned an Oscar nomination for Spencer Tracy more than 30 years ago. Although the 74-year-old actor is
      UPI  -  584 words
    • Article, Illustration
      Lock icon Multi-million-dollar Van Gogh painting donated to US gallery
      352 15 ART AP THE WIDOW of US diplomat W Averill Harriman will give Vincent Van Gogh's Roses, a still life valued at US$5O million to US$6O million, to the American National Gallery of Art. Gallery director J Carter Brown, who made the announcement
      AP  -  352 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      974 14 COURVOISIER VSOP-HHEIX TC ENTECTMN W mx *fmioso HOTEL LOBBY Hillside Lounge proudly presents... A dazzling display of talent from the Philippines STAR LIGHT V Ja_ Come and let this versatile quartet entertain you with their rendition of popular hits, jazz, Country Western favourites, the familiar sounds of the Beatles and
      974 words
    • Advertisement
      Page 14 Advertisements Column 2
      189 14 Dritamia rules the tables We lay the magnificence and opulence of the British on our tables this month. Tuck into delicious Beef Steak smothered in onions, Steak and Kidney Pie, Irish Stew, Yorkshire Pudding, Dundee Cake and Richmond Maids of Honour, to name a few. Even the Royal Guards will
      189 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      208 15 Tl M HAPPY Mounts In The Pake. Our eaAy evening Happy Hours at The Fountain lounge are simply delightful, tor eivry drink you order you get the next one free. Plus, you get 25% off bottle purchases. And to make sure you re totally hiippy, there s great music to
      208 words
    • Advertisement
      Page 15 Advertisements Column 2
      9 15 There's to work, 4 4 COGNAC COURVOISIER. {<ro*Hir d
      9 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      641 15 CRYPTIC PUZZLE ACROSS I Copies the lines of some tricks with cards (6) 7 All the rest of the time (8) 8 The taste last concocted (4) 10 Sounds of buzzers (6) II A hundred metres, dash it! (6) 14 Grow old in stages (3) 16 Picturesque positions? (5) 17
      641 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1217 15 TV and RADIO J 7 x\ Chamber musk; For Four, Throo and Two. OUR CHOICE CHAMBERMUSIC FOR FOUR, THREE AND TWO, 9.30pm, SBC 12 The Amsterdam Guitar Trio gently sweep over their instruments to produce the most soothing of sounds in this episode of Expressions. Shot on location at the
      1,217 words
Page thumbnail Page 16
  • SPORTS
    • Article, Illustration
      Lock icon Can Lendl win Wimbledon?
      473 16 TENNIS AFP WORLD NUMBER ONE Ivan Lendl, still seeking that elusive first Wimbledon men's singles crown at 29. has an awkward opening match when he begins his latest bid for grasscourt glory in London next Monday. The American-based Czech plays Venezuelan teenager Nicolas Pereira, the world
      AFP  -  473 words
    • Article, Illustration
      Lock icon Mc Enroe believes he can capture Wimbledon again
      233 16 AP JOHN McENROE, now a contented husband and father, believes he can win Wimbledon for a fourth time if he can control the urge to constantly please his own father. "That desire to please Dad is something I have to be constantly
      AP  -  233 words
    • Article
      Lock icon Soviet star quite sure of playing for Golden State
      411 16 BASKETBALL AP SOVIET NATIONAL team star Charunas Marchulionis said on Tuesday that he is certain" to play for the Golden State Warriors in the National Basketball Association next season. "I'm certain I will be the first from my country to play
      AP  -  411 words
    • Article
      Lock icon Bad Boys win praise from Bush for talent and determination
      219 16 AP THE "Bad Boys" of basketball wore genial smiles on Tuesday as US President George Bush praised the talent and determination of the Detroit Pistons, this year s National Basketball Association champions. Praising their aggressive style of play and the
      AP  -  219 words
    • Article, Illustration
      Lock icon Cram soundly beaten in 800 metres
      257 16 ATHLETICS AFP BRITAIN s Steve Cram made an unhappy return to international athletics over 800 metres at the Expo 92 meeting in Seville on Tuesday when he was beaten into fourth place by Kenya's Olympic champion Paul Ereng, George Kersh of the United States
      AFP  -  257 words
    • Article
      Lock icon Amritraj survives while Jarryd crashes
      491 16 Agencies INDIAN VETERAN Vijay Amritraj rode his luck on Tuesday to reach the'second round of the Bristol Men's Trophy. The 35-year-old from Madras, who divides his time between tennis and acting, survived five match points against British number two Andrew Castle. "I was relieved to
      Agencies  -  491 words
    • Article, Illustration
      Lock icon It was an unusual US Open by most counts
      579 16 GOLF NYT EACH US OPEN golf championship is known best for the player who won. and this year Curtis Strange stamped his image on the 89th Open, as well as the 88th, when he became the first player in almost 40
      NYT  -  579 words
    • Article
      Lock icon The money connection in drug use
      316 16 BEN JOHNSON INQUIRY AP WIDESPREAD DRUG USE in sport can be directly related to the growing importance of money, a former Olympian told a federal drug inquiry in Toronto on Tuesday. Bill Crothers, an 800-metre silver medalist at the 1964 Olympics in Tokyo, said
      AP  -  316 words
    • Article
      Lock icon Australia tipped to win at Lord's
      494 16 CRICKET AFP AUSTRALIA enters the second Test against England, which begins at Lord's today, as overwhelming favourites. Not only did it humiliate England by 210 runs last week, but it has not lost a Test at Lord's since 1934. "Lord's has certainly been a
      AFP  -  494 words
Page thumbnail Page 17
  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon A happy deal for seller and buyer
      717 17 aim ssowsl™ HOCK LOCK SIEW WITH ITS proposal to buy a half share of Singapore Warehouse, the globe-trotting Parkway Holdings has returned to the home market with a bang. Announced last Friday, the deal is one of those rare transactions that gives both
      HOCK LOCK SIEW  -  717 words
    • Article
      Lock icon Menang proposes buying into three companies
      551 17 MBT PROPERTY-based Menang Corp has proposed to buy three companies at a total cost of M 54.95 million. The companies are involved in glove manufacturing, production of computer diskettes and property development. In a statement to the Kuala Lumpur Stock Exchange. Menang said the
      MBT  -  551 words
    • Article
      Lock icon MBf shifts focus to consumer financing
      335 17 Bernama MBf FINANCE BHD will concentrate on its consumer-related business this year by increasing its housing loan portfolio, managing director Oatuk Loy Hean Heong said yesterday. He said after the company s EGM in Kuala Lumpur that the group expects to have 70 per
      Bernama  -  335 words
    • Article
      Lock icon Inter-Pacific back in the black with pre-tax profit of M$42m
      251 17 Bernama INTER-PACIFIC Industrial Group Bhd, formerly known as Raleigh Bhd, recorded a group pre-tax profit of Ms 42 million for the 15 months ended April 30, 1989 compared with a pre-tax loss of M 5402,000 for the 12 months ended
      Bernama  -  251 words
    • Article
      Amcol issues rebuttal denying it withheld information
      387 17 IVMCOL HOLDINGS Ltd has issued a wordy rebuttal to vindicate itself from comments that it has withheld information from shareholders. Amcol had received two enquiries from the Stock Exchange of Singapore and was the subject of a press comment on its proposed purchase
      387 words
    • Article, Illustration
      OUE acquires Change Alley Aerial Plaza for $21 m
      512 17  -  COMPANY NOW HAS 81,500 SO FT OF COLLYER QUAY LAND By MAGDALENE NG OVERSEAS UNION ENTERPRISE Ltd (OUE) has cornered yet another part of Collyer Quay through the purchase of Change Alley Aerial Plaza from Clifford Holdings Re Ltd for $21
      512 words
    • Article
      DIVIDENDS ANNOUNCED
      1127 17 Current payment Ex date Book! doit Date payable Total lor the yaar Total tor last year Amcol Asiatic Dev Avimo Ayer Molek B Sembawang Botu Kowon Bonvests Hldgs C C C Properties Chem Ind Chin Teck DBS Land D Keromat Dutch Boby FAI Im Fima M Bo* Fuji
      1,127 words
    • Article
      COMPANY BRIEFS
      75 17 RONALD C FILBERT, secretary and director of GB Holdings Lid, sold 100,000 shares at $1.88 each in the open market on June 20. Before the transaction, Mr Filbert held 4.75 million shares, or 13.9 per cent of the company. His stake has now decreased to 4.65 million shares,
      75 words
    • Article, Illustration
      Pacific Can expects steady growth
      346 17  -  By ELAINE KOH PACIFIC Can Investment Holdings (PCI), the new entity created out of the assets of the troubled Malaya Tin Printing Co (MTP) is expecting to make a pre-tax profit of $610,000 for the four months to September. The group's can-manu-facturing operation should see
      346 words
    • SES
      • Article, Illustration
        Falls on Wall Street and in HK dampen market interest
        1049 18  -  By JOSEHINE CHAN PROPERTY COUNTERS and warrants yesterday continued to take the limelight even as the stock market entered its second listless day. However, in the absence of institutional support, local share prices edged lower and. to brokers' consternation, trading
        1,049 words
      • Article
        Unit trusts
        358 18 Managers' prices OCBC-SIMBL Investment for June 22 Savers Capitol Fund 101 106 Savers Trust Fund 100 105 Singapore Unit Trust OUB Investment Mgt The Commerce The Savings Fund S'pore Prog Fund S'pore Sec Fund S'por« Invest fund III 099 0*5 075 079 1 IB* 105 049 080 0
        358 words
      • Article
        COMPANY MEETINGS
        68 18 UMW HOLDINGS BHD: 7th AGM at the UMW Auditorium. UMW Holdings Bhd.Jalan Utas (15/7). Batu Tiga Industrial Estate, ***** Shah Alam. Selangor Darul Ehsan, today at 11am. APOLLO ENTERPRISES LTD: 21st AGM at the Conference Room. 3rd Floor. Apollo Hotel. 405 Havelock Road. Singapore 0316. tomorrow at 11am.
        68 words
    • Article
      SES DHARE INFORMATION
      6052 18 1ftt Tai High Low Cods Company Qr*a Qr*a Last Vol Day Lael Quote Dlv 0* rid Nat M Cap Sale -for- ('000) High Low Buyer Salter Cvr P/E $ndl JIM *1 DEBENTURES. BONOS. LOANS 284 124 1 1543 CK Tang Wl 1990 45% 14% t 1500 Chuan
      6,052 words
    • KLSE
      • Article, Illustration
        Listless trading continues
        3389 19 ANOTHER lacklustre day prevailed on the Kuala Lumpur stock market yesterday with prices generally finishing slightly easier in quiet trading. However, blue chips held up well and the 30counter New Straits Times Industrials Ordinary share index managed to close the day at 2.264 94, up 4.23 points.
        3,389 words
    • REGIONAL MARKETS
      • Article
        Lock icon Tokyo bourse likely to admit two UK firms
        432 20 BARCLAYS de ZOETE WEDD, JAMES CAPEL TO JOIN BY MID-1990 AFP BRITISH SECURITIES firms Barclays de Zoete Wedd Ltd and James Capel Ltd are likely to become members of the Tokyo Stock Exchange by mid-1990, exchange president Minoru Nagaoka was quoted as
        AFP  -  432 words
      • Article
        Lock icon Bond claims Rowland trying to get him off Lonrho register
        502 20 Reuter ALAN BOND says British magnate Tiny Rowland has persecuted him in a desperate bid to get him oft the share register of Rowland s Lonrho company. "I have sat back and taken all I am going to take from
        Reuter  -  502 words
      • Article
        Lock icon Hooker selling stakes in US department stores to cut debt
        610 20 NYT HOOKER CORP. the Australian develop- i er whose properties include the Bonwit i Teller and B Altman Stores, says it will sell a 50 per cent stake in almost all its i American stores and sell its three shopping
        NYT  -  610 words
      • Article
        Lock icon Nonoc Mining up for sale for fourth time
        184 20 AFP THE PHILIPPINE government has said it would offer the Nonoc Mining and Industrial Corp for sale for the fourth time after applicants failed to satisfy requirements in three other bidding sessions this year. The nickel refinery would have a minimum purchase
        AFP  -  184 words
      • Article, Illustration
        Lock icon Stocks end higher
        579 20 Tokyo Reuter A FEW heavy industry shares took centre stage in an otherwise dull day on the Tokyo market yesterday as big brokers tried to boost the price of Mitsubishi Heavy Industries (MHI). which is refinancing this week, traders said. Futures-related index buying propped share prices up
        Reuter  -  579 words
      • Article, Illustration
        Lock icon Easier close
        517 20 Australia Reuter THE AUSTRALIAN share market drifted to a lower close in subdued trade yesterday following the higher-than-expected April retail sales figure, dealers said. They noted that the seasonally adjusted rise of 0.8 per cent to A 56.68 billion in April created a sellers' market. "The April figure
        Reuter  -  517 words
      • Article, Illustration
        Prices fall sharply in quiet trading
        1343 20 Hongkong HONGKONG share prices closed sharply lower yesterday after quiet trading as the glare of the international spotlight on China forced investors to the sidelines, brokers said. The Hang Seng Index finished 65.21 points down at 2,272.50. Turnover was HK$73l million, below Tuesday's HK$74l
        1,343 words
      • Article
        Lock icon Taipei: Rebound
        428 20 Reuter THE TAIWANESE stock market rebounded late in the morninfl yesterday, reversing early losses to close near a record high. The weighted index rose 178.65 points or 1.82 per cent to end at 10.019.65. Turnover fell to NT5108.39 billion from NTJI22 99 billion on Tuesday. Brokers said the
        Reuter  -  428 words
      • Article
        Lock icon Bangkok: Index up
        165 20 Reuter THE Stock Exchange of Thailand Index yesterday rose 6.48 points to 570.50 points on a turnover of 7,810.819 shares valued at 757.20 million baht. JUNE XI MOT Ao Kham Thai 400 4-4 Ayudhya Invaatma* 38 0 75 Bangkok Agro-tnd 61 uncti Bangkok Bank Bank Of Ayudhya
        Reuter  -  165 words
      • Article
        Lock icon Manila: Brisk trade
        175 20 Reuter THE NEW LISTING of state-owned Philippine National Bank (PNB) and a sharp rise in the price of Philippine Long Distance Telephone Co (PLDT) lifted the commercial/industrial index to an all-time high yesterday The Manila stock exchange composite index rose 9.36 to 1.074 19. largely on the
        Reuter  -  175 words
      • Article
        Lock icon New Zealand: Bullish
        187 20 Reuter THE NEW ZEALAND share market improved marginally on slim volume yesterday as buyers waited in the wings for improved opportunities, brokers said. Sentiment seemed bullish, they noted, with fewer operators focusing on foreign markets. "People are generally a bit more confident and paying less and less
        Reuter  -  187 words
      • Article
        Lock icon Seoul: Mixed close
        153 20 Reuter SEOUL STOCKS closed mixed in moderate trading yesterday as an early technical rebound was wiped out by profit-taking in the afternoon, brokers said. The composite index fell 3.71 points to 903.43. Volume was 229.2 billion won against 264.3 billion on Tuesday. Brokers said interest in government
        Reuter  -  153 words
      • Article
        Lock icon Bombay: Institutional buying
        164 20 Reuter BOMBAY share prices rose broadly on heavy buying yesterday by state-owned investment trusts, brokers said. The market was also aided by good results on Tuesday from Tata Engineering and Locomotive Co Ltd (Telco). "Telco's results have sparked renewed investor interest, but it was the sustained heavy
        Reuter  -  164 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Slightly lower finish
        814 21 New York Reuter WALL STREET stocks on Tuesday closed slightly lower for the second day this week, as the continued interest in takeover and airline issues failed to attract broader-based buying. Traders said the market was also still consolidating previous gains. The Dow Jones Industrial Average ended
        Reuter  -  814 words
      • Article, Illustration
        Lock icon Shares open firmer
        985 21 London Reuter LONDON SHARES were slightly firmer yesterday morning after gains on Tuesday but caution over a weaker pound was keeping business quiet with almost half the FTSE 100 stocks unchanged. Dealers said a strike on London's trains, tubes and buses was predictably adding to the quiet,
        Reuter  -  985 words
      • Article
        Lock icon BA and KLM take 40pc stake in Belgian airline
        510 21 THREE GROUPS IN OPERATING AND MARKETING PACT FT THREE leading European airlines British Airways, KLM of the Netherlands and Sabena of Belgium have agreed in principle on a financial link that will create a significant force in the industry. Precise areas
        FT  -  510 words
      • Article
        Lock icon Warburg values Disneyland's European theme park at US$1.8b
        536 21 Reuter THE MARKET VALUATION for Euro Disneyland SCA, the theme leisure park being built outside Paris, is likely to be 11.9 billion francs (US$l 8 billion) when it is launched this autumn, S G Warburg Securities said yesterday. Warburg, which will lead
        Reuter  -  536 words
      • Article
        Lock icon SEC considers easing rules for private placements
        380 21 NYT REGULATORS are considering a change in the securities laws that could end up increasing the dominance of large investors in the US financial markets At a Senate securities subcommittee hearing last week, David S Ruder, chairman of the Securities Exchange Commission (SEC),
        NYT  -  380 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1897 21 Reuter ZURICH: Neglected until recently, shares of Swiss banks lead the Zurich bourse to a new 1989 high yesterday, dealers said. The all-share Swiss Performance Index rose 5.4 points to 1,092.7 points However, shares of insurance companies fell against the trend. Investors swapped their funds from the
        Reuter  -  1,897 words
      • Article
        Lock icon Fokker, Pan Am at 'advanced stage' of talks
        92 21 AFP THE DUTCH aircraft manufacturer Fokker is at an "advanced stage" of talks with Pan American World Airways on a US$7OO million order for 30 mediumrange Fokker F-100 jets, the company said in Amsterdam on Tuesday. The deal, for 24 firm orders
        AFP  -  92 words
      • Article
        Lock icon CBOE's new option to start trading tomorrow
        146 21 NYT THE CHICAGO BOARD Options Exchange has introduced its first new financial product since the October 1987 stock market crash. The product, called an option on interest rates, is intended for retail investors who wish to reduce financial risks posed by volatile interest
        NYT  -  146 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      34 17 WANTED: INVESTOR WITH WORKING CAPITAL TO INVEST IN SOUTHERN CALIFORNIA U.S.A. FLOORING BUSINESS AND COMMERCIAL REAL ESTATE. OWNER VISITS SINGAPORE IN SEPTEMBER. REPLY TO: Daniel Henry P.O. Box ***** Newport Beach, California *****-0254 USA.
      34 words
    • Advertisement
      Page 17 Advertisements Column 2
      53 17 CURRENCY INVESTMENT AMERICAN l-XI'KI SS BANK TEL: 321 3333 Airflex CB Type V Fawick/Eaton Magnetic Clutches A complete line of clutches and brakes for all types of Marine, Industrial and Oil Applications. Sole Agents SUPRATECHNIC PTE LTD 46 A B lorong 25 Gev'ang Singapore 1458 Tel *****22 Fax *****20 Tlx
      53 words
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      298 20 NOTICE THE COMPANIES ACT, CAP. 50 ENG HUP HENG CONSTRUCTION PTE LTD (In Liquidation) At a general meeting of ENG HUP HENG CONSTRUCTION PTE LTD duly convened and held on the 19th day of June, 1989 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up
      298 words
Page thumbnail Page 21
Page thumbnail Page 22
  • Article
    BOC slashes HK property valuations by 30pc
    439 22 BANK OF CHINA ACTION COULD SPARK HEAVIER FALL LM The China question MORTGAGE VALUATIONS by the Bank of China of property in Hongkong have been slashed by 30 per cent, indicating that the market could tumble even further and faster than most analyses
    439 words
  • Article
    HK may speed up elections
    402 22  -  By FOO CHOY PENG Hongkong Correspondent THE HONGKONG government yesterday gave a strong hint for the first time that it would endorse recent calls by political groups to speed up the pace of direct elections in the colony. "The government would certainly wish to reflect
    402 words
  • Article
    Lock icon Citic to trim activity in HK property market
    275 22 Reuter CHINA s main foreign investment arm, Citic. will trim its activity in Hongkong's property market and review possible participation in a major project to build a second airport in the British colony, the organisation's Hongkong managing director said. However, Larry Yung
    Reuter  -  275 words
  • Article
    Lock icon Car component making for S-EA
    198 22 Bernama THE HIGH YEN will continue to exert pressure on Japanese car manufacturers to locate their component manufacturing facilities in lower-cost locations such as South-east Asia, according to a report by the International Finance Corporation. This movement is expected to continue at least during the
    Bernama  -  198 words
  • Article
    Lock icon Proton makes turnaround
    196 22 Bernama PERUSAHAAN Otomobil Nasional Sdn Bhd (Proton), manufacturer of Malaysia s national car, has turned the corner hardly four years after the first Proton Saga rolled off the assembly plant in Shah Alam on July 9. 1985 Haji Mohamed Saufi Abdullah, vice-president of the Heavy Industries Corporation
    Bernama  -  196 words
  • Article
    Lock icon Malaysian economy expected to grow by 6-7 pc next year
    276 22 Bernama AFTER vigorous expansion in 1988. the Malaysian economy should stabilise in 1990, according to Malay-sia-Japan Economic Association (Majeca) vice-president Tan Sri Azman Hashim. Tan Sri Azman, who is also chairman of ArabMalaysian Merchant Bank Bhd, said that an annual
    Bernama  -  276 words
  • Article
    Lock icon KL considering amendments to Elections Act
    126 22 Bernama A PROPOSAL to amend Malaysia's Elections Act to stop elected representatives from re-contesting after resigning their posts without valid reason is being studied by the attorneygeneral, Malaysian Prime Minister Oatuk Seri Or Mahathir Mohamad said yesterday. Asked what was meant by "valid reason",
    Bernama  -  126 words
  • Article
    Asean ministers to explore closer cooperation in energy
    370 22  -  By LILIAN ANG THE STAGE is set for Asean ministers attending the two-day Eighth Asean Economic Ministers Meeting on Energy Cooperation to discuss new ways to promote greater cooperation among member countries Senior officials from the various countries have laid the groundwork
    370 words
  • Article
    Third polytechnic may incorporate design school
    401 22  -  By WALTON MORAIS A DESIGN SCHOOL may be set i up in the proposed third polytechnic as part of the concerted drive to hone Singapore's competitive edge. Disclosing this yesterday, the Senior Minister of State (Education), Dr Tay Eng Soon, said the school will
    401 words
  • Article
    Lock icon Sihanouk sets terms for return to Cambodia
    172 22 Reuter CAMBODIAN resistance leader Prince Norodom Sihanouk will return to Phnom Penh if his communist adversary Hun Sen introduces a liberal multi-party system and all Vietnamese troops withdraw, his son said. Prince Norodom Ranariddh, in a transcript of a radio interview made available
    Reuter  -  172 words
  • LATE FILE
    • Article
      Lock icon 'US-Japan ties deteriorating9
      67 22 'US-Japan ties deteriorating 9 Reuter THE relationship between Japan and the US has deteriorated into one of mutual distrust with emotions riding high on both sides of the Pacific. Vice-Trade Minister for International Affairs Shigeo Muraoka said the US fears that Japan is overtaking it as the world's number one
      Reuter  -  67 words
    • Article
      Lock icon From enemies to partners
      47 22 AFP SOVIET leader Mikhail Gorbachev told the top US military chief yesterday that US-Soviet relations were moving from "a notion of enemies" to that of "partners". Mr Gorbachev was speaking at the opening of Kremlin talks with Admiral William Crowe in Moscow. AFP
      AFP  -  47 words
    • Article
      Lock icon KL studies EPF benefits
      41 22 Bernama THE Malaysian Finance Ministry has conducted a study to determine the new benefits which can be introduced for contributors to the Employees Provident Fund (EPF), said Deputy Finance Minister Datuk Loke Yuen Yow in Parliament yesterday.
      Bernama  -  41 words
    • Article
      Lock icon London crippled by strike
      65 22 AFP TRAINS were stopped throughout Britain yesterday in the first railway strike since 1982, as the capital was also brought to a standstill with an all-out strike on the Underground and city buses. The National Union of Railwaymen called the 24hour strike to protest against a
      AFP  -  65 words
    • Article
      Lock icon Nepal hits out at India's action
      41 22 UPI NEPAL'S King Birendra yesterday criticised India for what he called New Delhi's decision to terminate treaties on trade and transit last March but said Nepal remained ready to talk to resolve the issues. UPI
      UPI  -  41 words
  • Article
    Lock icon Comex gold and silver
    93 22 Reuter COMEX gold futures yesterday drifted higher in featureless morning activity with the rally in overnight markets lacking followthrough. August gold had a minor gain of US$O.3O at U*****.90 an ounce after locking in a US$O.BO range between U*****.50 and U*****.70. Silver futures rose on early
    Reuter  -  93 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      341 22 SES special supplement ITS 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.
      341 words
    • Advertisement
      Page 22 Advertisements Column 2
      304 22 G I I mm wmmmm I $1,200 trade-in offer on any old copier. Offer ends 31 July 89. §g Better image The advanced micro toner formula produces sharper, finer images and details come through dear and bright m addition, the Automatic Exposure gauges the density of the onginal and guarantees
      304 words
Page thumbnail Page 23
  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon IHI expects to maintain profits
        98 23 Reuter ISHIKAWAJIMA-Harima Heavy Industries Co Ltd expects group sales and profits in the year to March 31, 1990 to remain at the same level as 1988/89, a company spokesman said. The shipbuilding and engineering company posted per cent growth in group current profit to 13.39
        Reuter  -  98 words
      • Article
        Lock icon VSEL wins £300 m order
        127 23 Reuter VICKERS Shipbuilding and Engineering Ltd (VSEL) has won a £300 million order to provide the British Army with 179 AS9O Self-Propel led Howitzers, the UK Ministry of Defence said. Defence Procurement Minister Tim Sainsbury said in a written parliamentary answer that the government had
        Reuter  -  127 words
      • Article
        Lock icon Ship to complete repairs In Finland
        63 23 Reuter THE 16 160 dwt Cypriot vessel Saronikos II will complete repairs at Kotka, Finland, in about three days, Lloyds Shipping Intelligence said. The vessel, which was refloated on June 17, four days after running aground west of Kotka in the Gulf of Finland,
        Reuter  -  63 words
      • Article
        Lock icon 10 drown in boat mishaps
        125 23 AFP Ax LEAST 10 people were drowned in three separate trawler and boat capsizes in Bangladesh, press reports said. The Bangladesh Times said five crewmen were missing after four trawlers caught in a sudden storm on Tuesday sank near Sandwip Island in the Bay of
        AFP  -  125 words
    • Article
      Johor Port achieves record throughput
      239 23  -  By G DURAIRAJ A HEFTY increase in containerised and general cargo at Johor Port during the first quarter of the year pushed the total throughput at the port to a record level of 1.98 million tonnes. 17 per cent higher than previous year's same quarter.
      239 words
    • Article
      Index to advertisers
      829 23 ABC Contowterline XI 5 Accord Shpg VIII 3/4 Arrow lines XI 5 AMI III 1/2 A PC line VII 5 API V 3-5 ASCI V 1 Austrasio Un« VII 1 Bait-Canada line IX 4/5 Bolt-Orient line IX 4/5 Baltic Orient Shpg XI 4 Bonglodesh Shpg VII 2
      829 words
    • Article
      Lock icon Macao building new box terminal
      232 23 Cortamerisation International A NEW container terminal is under construction at the Port of Macao. Currently, most containers moving to Macao are shipped by barge from Hongkong, mainly because the harbour at Macao is shallow and does not permit deepsea vessels to call there The first
      Cortamerisation International  -  232 words
    • Article
      NOL doubles Bangkok frequency
      182 23 NEPTUNE Orient Lines (NOL) doubled the frequency of its weekly Singapore/Bangkok feeder service when it permanently replaced the Okunoze with two smaller vessels on June 17. The Okunoze has been redeployed to one of NOL s intraAsian service, calling at Singa- pore. Jakarta and Panjang The
      182 words
    • Article, Illustration
      Cheng Lie may revamp service
      495 23  -  Line likely to negotiate with Japanese yard for two newbuildings By JEAN FOONG TAIWANESE operator Cheng Lie Navigation Company is likely to revamp its current service by calling at Malaysia and restarting its former services "A" and "B" later this year. "We may also start
      495 words
    • Article
      SCI plans major expansion programme
      215 23  -  -By Ajit Agharkar THE SHIPPING Corporation of India (SCI) has planned a big expansion cum diversification programme over the next five to six years. Its chairman is optimistic about the success of the programme despite the government's restrictive foreign currency policy. The proposal to acquire
      215 words
    • Article
      Farrell resumes Iraqi services
      100 23 US FLAG carrier Farrell Lines has resumed its container services to Iraq with the sailing from New York of the 1.100 TEU Patriot 152. Farrell will move containers on its 10-day frequency service from US North and South Atlantic ports to Izmir in Turkey from where
      100 words
    • Article, Illustration
      Lock icon W German yards on the upswing
      622 24 Journal of Commerce THE West German shipbuilding industry has emerged from a 15-year contraction that swept away more than half the industry's jobs and twothirds of its production. Smaller and more tightly knit than they were a decade ago, today's German yards are focusing
      Journal of Commerce  -  622 words
    • Article
      World shipbuilding order book highest since 1985
      395 24 THE world shipbuilding order book rose 579,000 gross tonnage (gt) to 25.1 million gt for the first quarter this year, the highest since 1985. New orders placed during this period amounted to over 3.7 million gt, 700,000 gt more than completions. While tonnage
      395 words
    • Article
      Philtanko wants PSTC to be privatised
      421 24  -  By AL O LABITA Jr PRESSURES are mounting on the Aquino government to privatise its highly profitable tanker fleet run by state-owned PNOC Shipping and Transport Corp. The latest group calling for the sale of the PSTC to the private sector is the Philippine
      421 words
    • Article
      Shipping events
      169 24 June 27-30 Ocean carriers, Lloyd's of London Press shipping seminar, Horse Guards Hotel. Whitehall Court, London. June 28 Reinsurance Offices Association annual general meeting (details: ROA, Aldermary House, Queen Street, London EC4). July 10-13 Propulsion systems. West European Graduate Education Marine Technology 12th Graduate School organised by the
      169 words
    • Article
      PORT CONDITIONS
      353 24 All surveys were conducted on June 7. ASIA Bangladesh: Chittagong 24 vessels operating. Mongla 19 vessels operating. India: Calcutta Waiting time of up to five days. Madras Waiting time of up to two days. Bombay Waiting time of up to seven days. Cochin Waiting time of up to
      353 words
    • Article
      Lock icon Passengers rescued from grounded Soviet liner
      454 24 AP A SOVIET ocean liner with more than 950 people aboard that rammed an iceberg in the Norwegian Sea took on water, but all passengers were rescued, many from lifeboats and ice floes. No casualties were reported in the rescue of the 196-metre Maxim
      AP  -  454 words
    • Article
      Who acts for whom ...
      2315 24 Who acts for whom A B AB Shipping Boustead Shpg Aganciaa (S) ABBS Lin* SMS Pte Ltd (S)/Tunaa Sena (PK/KL). ABC Contalnerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Una (PK/PN) Ahrenkiel Lirver Kim Shpg (S) Alfrad C Toapter Ocaanua Shipping Agancy (S)/Muitipori Sdn Bhd (PK)
      2,315 words
    • Article
      Lock icon Sea Containers confident of a leveraged buyout
      544 25 Reuter SEA CONTAINERS is confident it will be able to achieve either a leveraged buyout or a restructuring of the company, as an alternative to an US$B24 million tender offer from Swedish firm Stena AB and UK-based Tiphook pic, said president James Sherwood.
      Reuter  -  544 words
    • Article
      London Freights
      762 25 CHARTERING conditions remained generally quiet on Tuesday in all sectors of the dry cargo freight market but, where fixed, single voyage rates showed an easier tendency, brokers said. However, there was no business reported on the major grain routes and the Baltic Freight Index was unchanged at 1,396.
      762 words
    • Article
      SHIPPING LIST where your ships ore due...and when
      4864 32 AARHUS Maersk Rotterdam Maersk Line. June 22 City of Edinburgh. Triot. June 22 Ym He. China Ocean Shpg, June 23 Norasia Singa. Norasia Line. June 23 Ming Prominence, Yang Ming June 24. Ever Grade. Evergreen. June 24 Selandia. ScanOutcht. June 26 Kutai.
      4,864 words
    • Article
      Ships in Port
      777 32 AT CONVENTIONAL WHARVES Ned 23 ANT V«M*4 Voy No Barih Arrival Dapariura Han 22 City Mae Jun< Yin 23 Nor 23 Alg< Ev« Gas Mm Jun Ger Jun Sini te. Sar 25(1 Sal Kut Ch Jun N Jur Eve Wil Lo Kappal Wharvaa Ah Endaovou Equotor 5
      777 words
    • Article
      Container schedules
      910 34 Ship Chengtu Anro Asio Pul Bohogio Waspada Klang Reefer As Princess Es Pioneer Sind Mariner Bonn Express leuve N Jode H Cegielski Antwerpen Nor Smgo Ned Santos Sd Asia Kota Machan Yinhe B Angsana E Breeze Anson Sea Hawk Kuo lung B Melor Okunoze Ned Linge Strothbrora E
      910 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      27 23 "The Illustrated Encyclopedia of Wildlife" Wt£ ■9 STP Distributors For advertising and circulation enquiries, please call Business Times r r f. 9F500«1, F-r T!v. RS ***** BTAD
      27 words
    • Advertisement
      Page 23 Advertisements Column 2
      17 23 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association
      17 words
    • Advertisement
      Page 23 Advertisements Column 3
      240 23 THE SPECIALIST IN: Wire Rope Slings Lashing Materials Lifting Gears A r J TESTING >5 FACILITIES J* AvaiiAßl.E Fi in someone overseas about Singapore. C *\9& t&MWTi Vo* '£<2%A WZZ^L* Thp Straits Times I ,h«mn(>nn of Thfi QtrtMtn Tktvk Wfleklv Overseas Edit rt Vf-23? V' The Straits Times I Weekly
      240 words
    • Advertisement
      Page 23 Advertisements Column 4
      150 23 INSIDE Yards on the rebound THE West German shipbuilding industry has emerged from a 15-year contraction that swept away more than half the industry's jobs and two-thirds of its production. PAGE II THE world shipbuilding order book rose 579,000 gross tonnage (gt) to 25.1 million gt for the first quarter
      150 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      176 24 NOTICES WANASATYA' ARRIVED SIN( I Consignee of all damaged cargoes ex the captioned vessel is hereby notified that a General Survey will be held on the 22nd June 1989 (Thursday) at Keppel Wharves K 19 from 0900 hours 1200 hours. No further survey will be entertained thereafter. Agents: "K" Line
      176 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      1150 25 IVJu'4I WW/ [§g] Jardines JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 06 Southpoint, Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KELANG TEL *****18 Telei No MA***** MA***** PENANG TEL *****4 TELEX NO MA4OO/3
      1,150 words
    • Advertisement
      Page 25 Advertisements Column 2
      993 25 MAERSK LINE 278 28-6 4/7 5/7 11/7 12/7 18/7 19/7 25/7 26/7 1/8 2/8 8/8 9/8 15/8 16/8 •Pod "Penang Kelang DESTINATIONS This «M> Laura M Ctoatnfl Time CY 27/6 o*oo MRS CFS »6 1800 HRS LAURA M LEXA M MCKINNEY M LEDA M MARIT M LICA M MARCHEN M
      993 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      773 26 1 a U Hapag-Lloyd I roiMTAiNIR SERVICE TO UK/CONTINENT I P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP LE HAVRE CITY OF EDINBURGH LONDON EXPRESS KASUGA t BONN EXPRESS CARDIGAN BAY BENALDER KURAMA MARU BtNAVON -ALSO ACCEPTING CAL ul !NLANO GOTHENBURG. -Aim CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG R'DAM/ I
      773 words
    • Advertisement
      Page 26 Advertisements Column 2
      629 26 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI CONTAINER SERVICE TO THBQUND TO UKC TAUSALA SAMOA V-15N CLYDEBANK V26N TAMAITAI SAMOA V-16N S PORE RDM/A DAM HBG MULL (U.K.) 15/7 11/1 1W »/S 14/< 12/9 W 21/9 20/9 17/10 21/10 25/10 Alio Accepting FCL to htmm♦!« »»toi—/SmtH»wplo«/B«lU»VCotli«i>iwS
      629 words
    • Advertisement
      Page 26 Advertisements Column 3
      875 26 atMßlft SUBS® REGULAR INDEPENDENT FULL CONTAINER SERVICE EUROPI mnnm FU( HAM HE «OT MT lch NORASIA SINGA 813-3 g* gj B» W W M gg Jg NORASIA AL-MUNTAZAH 8914-3 28/6 29/6 3W6 26/7 27 7 28 8 NOR ASIA SUSAN MM V JJ 7/7 1J g 12/g l3|S 14/ to
      875 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      1474 27 SHIPPING TIMES, Thursday, June 22, 1989 1 p&o Containers I CONTAINER SERVICE TO UK/CONTINENT: LAUGS BAY IK Hl* *7' CITY Of EWNBUHGM I" PT 17/? 11/7 I*7 J WW MSUGA 1 OH W UP OP "P lomoon express M M up OP W V BONN EXPRESS o*7 o*7 2*7 27/7
      1,474 words
    • Advertisement
      Page 27 Advertisements Column 2
      825 27 m IMC WEEKLY EXPRESS INDEPENDENT YANG LlNfc FAR EAST/EUROPE fuilt containebiseo service WESTBOUND HANJIN MASAN 049* HANiIN LEHAVRE 002W QUEEN SWAY BRIDGE 009* CHOYANG PARK 003* AIM accepting for Inland UK dmtinatiom AMwtrp and Scandinavian FMG ft, FLOTA MERCANTE GRANCOLOMBIANA S A (NATIONAL LINE OF COLUMBIA) CHOYANG PARK OB2E HANJIN
      825 words
    • Advertisement
      Page 27 Advertisements Column 3
      70 27 PT. PELAYARAN MUTIARA SAMUORA AGUN6 KUALA SIAK II 26/6 B (StKUPANG) mid 23/6 DUIKAI/PERAWAII6 ABADI JAYA 24/6 P BARU/PtRAWANG 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUHAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We specialise in project heavylift cargo. Owners operators of tug
      70 words
    • Advertisement
      Page 27 Advertisements Column 4
      396 27 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Li«*«) TLX R*****1 4 R*****2 fc. KASTKRN CAR LINKK. LTD. STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! VESSEL VOY NO. Spore P. Kelang Penang ASIAN CLIPPER 116 SEA LARK* SERENE LADY a 13 Hong Kong Yokohama Nagoya Osaka Senboku
      396 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      549 28 Page VI m SINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES ETC] fflfMlAW SERVICE Singapore Loading for: IRAN TEYFOURI PJL7O7 Eta 1/7 KYOWA LINE INTRODUCING KYOWA FAST DIRECT B/BULK/CONTAINER SERVICE FROM S'PORE/PK TO GUAM/SAIPAN AND MICRONESIA PORTS 'A' VSI (TBN) •MICRONESIA PORTS DIRECT CALLS ON INDUCEMENT BASIS AND/OR
      549 words
    • Advertisement
      Page 28 Advertisements Column 2
      675 28 HANJIN SHIPPING CO., LTD AtNERISEC SERt T TO EUROPE VIA SUEZ !|TO USA PACIFIC SOUTH WEST HANJIN MASAN 049W ?4.6 HANJIN LE HAVRE 002* IP QUEEN S WAY BRIDGE 009W 8/7 CHOYANG PARK 003W 15/7 S port L.H»»t. Vim H tart B'tav-. Mm» ?«/6 12/7 13/7 MP W 7 J
      675 words
    • Advertisement
      Page 28 Advertisements Column 3
      176 28 INTEROCEAN UNE 7B 2nd Floor, Jalon 2/71. Tamon Tun Or tomail. ***** KL To 4: *****34, ******4, *****20 TLX HO. MA-***** FAX: 03-*****11 Ponong OP Tol: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS MV HONG Ql 187 lEai HCAO *«nts SOUTHERN SHIPPING ENTERPRISES CO LTD AG*NTS SATIMAR SON BHD.
      176 words
    • Advertisement
      Page 28 Advertisements Column 4
      998 28 LR GLOBE lR GENIUS LR GIANT ER GENTRY LR GATHER EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) PKL SCP HKG KSC KLG PUS HKT OSK TYO BAL LHV AIM RDM FIX HBC 27*6 a*6 05*7 03/07 07*7 10(07 12*7 14(07 17*7 11*0 22jm Z3« 24/00 25*0 27*0 04/07 05*7
      998 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      931 29 SHIPPING TIMES, Thursday, June zz, ishkj PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 m CONTAINER SERVICES FAR EAST VESSEL MAJAPAHIT GOWA MAI OUANG VOY SIN jkt MSB SM 22/6 USB 30/8 3/7 13SB 13/7 IS/7 NOO KOB 13/7 15/7 22/7 23/7 3/S W ACCEPTING
      931 words
    • Advertisement
      Page 29 Advertisements Column 2
      521 29 BEN LIKE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM B HAVEN R OAM HAVRE STON I P KIANC S PORE I FOR Jonn Eiprau SiiM Sailad Sailad Salad 21* HKC. KAO a Stmt Sailed SaiM Sailad Sa.lad 24* HKC. S* Tl KB. BU Sanatater Sa.lad
      521 words
    • Advertisement
      Page 29 Advertisements Column 3
      487 29 If DJASAQETRI A Joint Europe Service Of: p.t. QjMuurr* now p.t. ks«m hot# p.t. tmiKU mmm p.t. tmmm urn f ownMMnM tama tmitrmt n bmk| VSL/VOY KUTAI/17WB L J BONTANG.IIWB SPORE ANTWERP P DAM,ADAM 27 29ft *P (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) ISII/7 12/1 (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) Sut>|*cl
      487 words
    • Advertisement
      Page 29 Advertisements Column 4
      408 29 BOUSTEAD SHIPPING AGENCIES IKAVf VI46W ONEYWA V24IW CAN VI42W iSSEIN VM i-AN VI4OW MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 11(20 Jun 28/22 Jun 21/22 Jun 22/Z3 Jun 25/27 Jun THE BANK UNE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC rAUSALA SAMOA VISN :LYDEBANK V26N
      408 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1027 30 OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR VIA FEEDER OOCL FORTUNE AMBASSADOR BRIDGE NCPTUNE GARNET OOCL FAIR FEEdER VESSEL OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET K LINE KAWASAKI KISUN KAISIIA. LTD. N. AMERICA-ATLANTIC COAST VOY LB 14 20/5 N. AMERICA PACIFIC SOUTH-WEST MOTHER VESSEL MACKINAC BRIDGE BROOKLYN BRIDGE GEORGE
      1,027 words
    • Advertisement
      Page 30 Advertisements Column 2
      701 30 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Kelang Penang Loadmg lor: Mother Vil By Feeder By Feeder y43 30 June Jura 25 Jura Frem fMelb/Sydn Adel iA2 K Juty 20 July 20Juhr Fme/WNSf*/**' ul4 20 Ajb IS Aug 15 Aug Fr«mflMbfS|dAfMrf mvt lime Singapore Melbourne ULSIDAS V.4IM .0.
      701 words
    • Advertisement
      Page 30 Advertisements Column 3
      509 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 73. Telo* Ay*f Str««t SINCAPOOE 0104 TtL S34JW (10 LINES) F». SJ4W* STRAITS/PERSIAN GULF SERVICE: GOIOCN WONOe* Cotombo Kw»dw.tXjD»i GOLDEN HAVEN Cotombo'Kjf»dM/Oub»i CHINA StRVICE CUSHAN Dtlan P Kel*n| Penjng CHINA OCEAN SHIPPING CO PEKING THE PEOPLE S REPUBLIC OF CHINA u*c cowvpmoMAi «nvic«
      509 words
    • Advertisement
      Page 30 Advertisements Column 4
      595 30 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD »07-12 AFRO-ASIA BUILDING SINGAPORE 0106 r TELEX RS ***** PHILI FAX *****76 ETA SINGAPORE nit. c/ 7, m an, at BEIRA, TAMATAVE. P. SUDAN. REUNION. TANGA. P SUE 2 ABIDJAN. DOULA. DAKAR, MONROVIA. TEMA. LOME. LAGOS. COTONOU LATTAKIA, BENGHAZI. ALCIER, TRIPOLI.
      595 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1320 31 Agenls S po»e NEPTUNE AGENCfS PTE LTD Booting* Inward; Ttrmitol CIS c~v»»i R.wa,n« Bookings Inward; ieimin#i i.rj tnqju« Ft tUi&IST TPA.S& OuhMWd *****22 ***** M *****7? 27*5753 27tt7*2 27,7844 *****19 *****16 *****18 *****48 NEPIHC SON BHD P Keung R Lumpur Pjnjng i Wjru )689H)7 *****33 *****5 2MMO *****0 2380*1 *****1
      1,320 words
    • Advertisement
      Page 31 Advertisements Column 2
      875 31 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 Tele* Numbers RS 213MJS ***** RS ***** tynxr IMIMIMC ijj Pen,™ street Prwt. Matarsu M/S HANDLING SYSTEM CO SON BMO wmms «Et HSrat—ttOOO Kjala lumput
      875 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      446 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Ttl 22b 6868 (34 Inwsl fAX 22b?439 *****76 mix RS ***** A B SSCMA HS ***** A B SSCAO I DSR-LINES EB DEJTFRACHTSEEREEDEREI ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND WILHELM PIECK 6/89 H. CEGIELSKI 4W
      446 words
    • Advertisement
      Page 32 Advertisements Column 2
      103 32 LINE S.K WEEKLY CONTA»NERlStO SERVICE *lfH FIXED o** AOB'VAw EXPORTS TO TAIWAN JAPAN HAKUSAN II V 7 CONTINENT V 23 KABUKI V 73 HERMES ACE V 23 HAKUSAN II Vt CONTINENT V 24 gfl Hi BE 831 881 IMPORTS FROM JAPAN TAIWAN CONTINENT V 23 KABUKI V 23 hermcs ACE
      103 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      153 32 S" m LRegional Weather mg&m r kV 1 3® T; SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7JO A.M. Jum 22,1N9 •c a Wax) drection with speed m knots On* Katt Meche represent* 5 knots LIGfND R Temper oture A\ Thunderstorm Weother Wmd drectmn with speed m knots Shower QJ ee
      153 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      726 33 SHlrrlWlj iimisuoj. UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 11 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR IBN ALROOMI Sid Iraq/Japan THROUGH B/Ls to BAGHOAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE UPTO
      726 words
    • Advertisement
      Page 33 Advertisements Column 2
      284 33 f IS RICHFIELD MARINE AGENCIES |S| PTE LTD TEL: *****33 (10 Lines) FAX *****15 TELEX RS ***** RISHIP (3 Line*) {Natiooal 11Mt ot Elhlovtt) ACCEPTING FCL AND CONVENTIONAL PEN/PKQ ETA NETSANET DARESSALAAM MOMBASA. DJIBOUTI VOY 14WB ASSAB MASSAWA MOOEIOAH Other ports along the route workable on inducement KIEN HUNG LINE
      284 words
    • Advertisement
      Page 33 Advertisements Column 3
      878 33 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK 25/6 CHITTAGONG 24/6 BOMBAY 27/6 COLOMBO 25/6 HONGKONG 26/6 MUARA/LABUAN/KK 26/6 KUCHING/SIBU 24/6 TOKYO/YOKO/KOBE 25/6 LE HAVRE/HAMBURG 24/6 FELIXSTOWE/R'DAM 24/6 KEELUNG/KAOSHIUNG 25/6 FREMANTLE 26/6 SYDNEY/MELBOURNE 26/6 LONG BEACH/LOS ANGELES 27/6 c CRYSTAL FREIGHT Lr» SERVICES PTE LTD
      878 words
    • Advertisement
      Page 33 Advertisements Column 4
      176 33 BALTIC ORIENT SHIPPING PTE LTD. RORO LOLO SERVICES WESTIA L JEtftttU 3?*f 2M Jo'« m 1/7 ALL LCL/FCL ACCEPTABLE FOR COMPETITIVE LCL RATE CONTACT ANWAR CONTACT PERSONS TELEPHONE NO. TELEX/FAX NOS. OFFICE ADORESS MR ROBERT OHI ANWAR/ *****71, (6 liitM) RS 20*40 BALTRA/*****73 :79 ROBINSON ROAD, #24-04 CPF BUILDING, SINGAPORE
      176 words
    • Advertisement
      Page 33 Advertisements Column 5
      88 33 Mfargo shippingl V Tel:asa oisa fr|; REGULAR EXPRESS FCL LCI SERVICE I ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND vs. *mKRfCN 221 TNT UMESS 221 E. HUOIC 2» BRUSS£L 211 Alto accepting carfo to AUSTRALIA NEW ZEALAND TO USA/CANADA VS. AHTWIRPf N 221 TWT EXPRESS 221 1 1*7 t HUDIC 22f
      88 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      412 34 SEE PAGE X for Ships in Port WAN HAI LINES WEEKLY CONTAINERISED SERVICE EXPORTS TO FAR EAST I OUTBOUND *1 CHUN ¥201 MAN CHUN V 229 IMPORTS FROM FAR EAST I INBOUND VI CHUN V 199 WAN CHUN V 227 WV.IJ JARDINE SHIPPING AGENCIES 200 Cantonment Road. #12 05 South
      412 words
    • Advertisement
      Page 34 Advertisements Column 2
      766 34 t»K JE CONTAINER LINE If TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST 24/6 ft 1/7 2 4/6 t 1/7 m n/6 25/6 ft 2*,6 2S/6 ft 28,6 2S/6 ft 28/6 2S/6 ft 28(6 MANILA BUSAN TOKYO KOBE NAGOYA YOKOHAMA OSAKA 2S/6 ft 2S/6
      766 words
    • Advertisement
      Page 34 Advertisements Column 3
      340 34 r i Mitsui O.S.K. Lines. Li d OOUBLE STACK TRAINS ETA CONNECTING AT EXPORTS TO PSW niu i ffiff^^^ riTn, rl rr—iSgrrS [Mjrrrigi EM CM EM EM EM EM muiu r"' IJ \r In, 1 ~iimijO—M——i—ii QLikiiiiiiL3EEL3K2Zll OUR NEW USA SERVICE CALL SINGAPORE DIRECT EVERY MONDAY ALLIGATOR PRIOI IT PMIMEIEIEIEIOIIEI
      340 words