The Business Times, 13 July 1989

Microfilm: NL16672
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, JULY 13, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    241 1 Dow Jones WALL STREET share prices fell from narrowly mixed levels earlier as investors pulled back after six consecutive days of buying, traders said. The Dow Jones Industrial Average was unchanged at 2514. Declining shares led advancing issues by about three-to-two. Reuter Footsie up LONDON share prices
    241 words
  • Article, Illustration
    S'pore bucks trend with 7.5-point gain
    235 1 WHILE Tokyo and Hongkong share prices closed lower, Singapore bucked the trend with a firm finish yesterday. Active trading in blue chips and index-component stocks pushed the Straits Times Industrials Index 7.56 points higher to a new Post-Crash high. The Index cloeed at 1,353.73,
    235 words
  • Article
    Lock icon Japan's trade surplus narrows
    106 1 Reuter JAPAN said yesterday that its nagging trade surplus shrank 11 per cent in June from a year ago, but many economists said the improvement was a temporary side-effect of the dollar's recent strength against the yen. The unadjusted June trade imbalance shrank to U555.29 billion
    Reuter  -  106 words
  • Article
    Lock icon Aquino may seek re-election, says columnist
    137 1 AFP PRESIDENT Corazon Aquino's former spokesman said in Manila yesterday that it is possible she may run again for the presidency when her term expires in 1992. Former press secretary Teodoro Benigno said in his column in the Philippine Star that it is possible
    AFP  -  137 words
  • Article
    Show organisers wary of growing competition
    629 1  -  THAILAND, HK, TAIWAN, KOREA AND M'SIA SEEN AS CHALLENGERS By WALTON MORAIS ORGANISERS of international exhibitions are casting a wary eye on the growing competition from emerging exhibition centres in the region. While Singapore's status in the short term is secure because of market
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  • Article
    Lock icon Jakarta agrees to US$1.5b olefin plant
    179 1 Reuter INDONESIA has approved a US$l.5 billion olefin plant after a six-year delay, Mr Sanyoto Sastrowardoyo, chairman of the BKPM investment board, said. The main shareholders are Anglo-Dutch Shell Petrochemical, a subsidiary of the Royal Dutch Petroleum Co. with 60 per cent, and Japanese
    Reuter  -  179 words
  • Article
    More financial institutions keen on Singapore
    226 1 MORE FOREIGN financial institutions have indicated interest in setting up operations in Singapore as a result of the current political uncertainty in Hongkong, said a spokesman of the Monetary Authority of Singapore (MAS) yesterday. At a press briefing in conjunction with the release of
    226 words
  • Article
    Hongkong's leading paper raps S'pore's immigration move
    445 1  -  By FOO CHOY PENG, Hongkong Correspondent SINGAPORE'S relaxation of immigration rules, which has attracted a massive turnout for application forms in Hongkong, has been attacked by the colony's leading English daily, the South China Morning Post. In an editorial headlined "Singapore poachers post
    445 words
  • Article
    Kuok group admits jumping the gun in Amber Point sales
    449 1  -  ALL OPTIONS TO BE HONOURED By LILIAN ANG THE KUOK GROUP has admitted that it made a mistake in contracting to sell apartments in the Amber Point condominium project before the building plan and schedule of share values had been
    449 words
  • Article
    Lock icon Run on Taiwan's illegal investment houses
    185 1 AFP PANICKED investors flooded Taiwan's illegal investment houses yesterday to withdraw their money as revisions to the banking law prompted fears of a collapse. Most of the unlicensed depos-it-taking firms have suspended withdrawals. They have alao cut intereet rates on unsecured deposits in half
    AFP  -  185 words
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      66 1 Burberrys 1"" 0 i t mwfe* I I < Reigns when it pours i Jvy^rirjevvv^KVyvvvyvvvyvvvyvy^jcvy^ The best of Hunan and Sichuan awaits you today at the Cherry Garden. no:.! n v\ *r.\. V Let Chef Huang introduce you to the finest cuisines of the Cherry Garden. Reminiscent of a Chinese
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      Page 1 Advertisements Column 2
      205 1 Fun report, PAGE 14 Regional mkts, PAGE It World mkts, PAQE 17 Editorial comment 10 A storm before the dialogue Sogo shoaha 10 Finding their feet again Bonn-Aaean relationa 11 Ways of boosting closer trade ties Private houaea and flata 2 2,500 more coming up Kingatar Investments 3 Opening a
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      6 1 Sm PAGE 3 and BACK PAGE
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      20 1 MHH ON PAGE 7: Market for regional atoefca will atari with mainly HK aharaa Aalan dollar markat provoa a lura
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      62 1 Bid for BAT ANGLO GROUP'S record £13 billion bid for BAT is being wstched closely in London end New York. Will the bid be decided by British or American takeover rules? BT looks at this and other issues concerning the bid on PAGE 17 The Advertising and Markitlng Page has
      62 words
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      112 1 BALLY of Switzerland SG P.Hit il i So l Ptf L!d Taiwan*** ovaraaaa Investments likely to surge, PAGE 18 priJ^C_jMl2o > *smp ii^lit* •C- itifillEUP 4'" s DINING ON TOP-OF-THE-WORLD Join us at the top. Enjoy the best Beijing cuisines specially prepared by our master chef. All yours to savour,
      112 words
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  • HOME NEWS
    • Article
      Coming up: 2,500 private houses and flats
      434 2  -  IN-PRINCIPLE APPROVAL GRANTED TO DEVELOPERS By LEE HAN SHIH, Property Correspondent PRIVATE DEVELOPERS secured in-principle permission to build more than 2,500 private houses and flats in the first five months of this year, latest statistics from the Ministry of National Development show. Released
      434 words
    • Article
      'Modern buildings should be flexible'
      326 2  -  By JOCELYN TOH BUILDINGS should be designed such that they can be quickly and economically converted from one use to another, said Or Tay Eng Soon, Senior Minister of State for Education. Speaking at the 20th anniversary celebration of the Faculty of Architecture at National
      326 words
    • Article
      MEMO PAD
      451 2 Seminars and Courses Cahners Tel: *****13 I c Exposition TbcRS ***** LZn Group Fax *****66 Jul 14 An Introduction to Plnetree Club Slngopore *****66 Venture Capitol Institute of Industry In South Eost Monagement Asia Jul 14-15 Profits Through SISIR Theotrette Ernst Whinney *****77 Quality Consultants Pte ltd SISIR
      451 words
    • Article
      PSA unit wins China consultancy contract
      309 2 MAP SERVICES, a consulting arm of the Port of Singapore Authority. has secured a consultancy contract for the building of a container terminal in China. The contract was awarded by Shekou Container Terminate Ltd, China a joint venture between China Merchants Holdings and China
      309 words
    • Article
      OCBC offers free accident cover
      160 2 OVERSEA-CHINESE Banking Corporation is offering free personal accident insurance to its customers. The bank announced yesterday that it is a one-time cover of $25,000 for three months with Great Eastern Life Assurance. No premium payment is required for the offer period from tomorrow to Aug
      160 words
    • Article
      Watch the world on video before visiting it
      187 2 UNCERTAINTIES about travel arrangements can now be reduced somewhat with the launch of videos featuring clips on travel destinations. This was launched by Video Travel Systems, an Australianbased company which has tied up with American Express Travel Service and tour company Scenic
      187 words
    • Article, Illustration
      All things French and 'revolutionary'
      343 2 A PARISIAN street cafe, a gloesy magazine on France, exhibitions of things French and a "revolution menu" all these along Orchard Road? Yes. It is time to celebrste the French Bicentennial anniversary of Bastille Day. Hermes' version of a Parisian street cafe is set to
      343 words
    • Article
      Indigenous architectural style needed
      251 2 ARCHITECTURE students and professionals were given an insight into the challenges facing the construction industry in the next 20 years at a forum at the National University of Singapore (NUS) yesterday. The new chief executive officer of the Urban Redevelopment Authority, Liu Thai Ker, said there
      251 words
    • Article
      Optical chain diversifies with the setting up of a department store
      318 2 CASHING in on the buoyant tourism industry, an optical chain has diversified by opening a department store. Kingstar Investments' owner and managing director Enoch Low said the Manhattan Store is aimed at tourists and bulk buyers. The 740-eq metre
      318 words
    • Article
      UOB launches electronic draft capture system
      249 2 THE UNITED Overseas Bank (UOB) group has launched the electronic draft capture (EDC) system to spaed up credit cardcharged transactions at retail outlets. This EDC system, comprising a terminal with a telephone handset and a printer, costs $250,000 to develop. Mrs LeongSim Pusy Suang,
      249 words
    • Article
      Cheaper petrol at the pumps
      149 2 PETROL PRICES fell last night The price of premium grade petrol, or 97 RON, went down 2.4 cents per litre to $1,044 per litre. A litre of 92 RON intermedials grade petrol is now cheaper by 2 cents, costing 96.2 cents per litre. Diesel price
      149 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      244 2 LE MERIDIEN Singapore has appointed CHOI HOI SAN as sales manager. A graduate of the University of Toronto, Ms Choi will be in charge of travel agents and airline accounts. She has worked with the hotel industry before and has four years' experience in corporate sales with
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  • ASIA-PACIFIC
    • Article
      Lock icon Tokyo chip-makers raise prices to ease tension with US
      339 3 FT JAPANESE semiconductor manufacturers have raised the prices of less sophisticated semiconductors and kspt them artificially high in an attempt to encourage purchases of US chips by Japanese companies and to ease trade tension, according to an official at one of
      FT  -  339 words
    • Article
      Lock icon China agrees to Gatt delay
      234 3 AP CHINA has agreed to put off negotiations on its application to Join the General Agreement on Tariffs and Trade (Gatt), but denies the delay was caused by the recent nation-wide political turmoil. The official Chins Daily yesterday quoted an official of the Ministry of
      AP  -  234 words
    • Article
      Lock icon Don't let turmoil hurt ties, Beijing tells Taipei
      107 3 AP CHINA yesterday urged the Taiwan government not to let China's hsrsh suppression of dissent stand in the way of improving ties scross the Taiwan Strait. The appeal, in a front-page commentary in the Communist Party paper People's Deify (Renmin Rlbeo), followed
      AP  -  107 words
    • Article
      Lock icon Japanese underwear company to proceed with China venture
      225 3 FT SILKY, an underwear maker, has announced the first Japanese joint venture with a Chinese corporation since the crushing of the pro-democracy movement, and industry officials expect the announcement will open the way for a return by other companies interested in investing
      FT  -  225 words
    • Article
      Lock icon KL public accountants urged to stop fee undercutting
      237 3 Bernama THE MALAYSIAN Association of Certified Public Accountanta (MACPA) haa urged its members to stop fee undercutting among them. Ita newly-elected preaident. Haji Zainal Abidin Putih, aaid yesterday that the trend was "beginning to rear its head" and thia could compromiae the
      Bernama  -  237 words
    • Article, Illustration
      Lock icon Aquino to ask the French for debt reduction
      411 3 BONN PLEDGES AID OF USs2l6m AFP PHILIPPINE President Corazon Aquino arrived in Paris on Tuesday from Watt Germany strengthened by a US$2l6 million aid pledge from Bonn, and was expected to ask Paris to help lighten Manila'a debt burden. The Philippinee is
      AFP  -  411 words
    • Article
      Lock icon White House request for foreign aid to Manila too high: legislator
      169 3 AFP THE WHITE HOUSE'S request for US$l billion in aid for the Philippinee over the next five years is too high, s key US Congressman said in an editorial published on Tueedsy. "The (White House) still has not explained
      AFP  -  169 words
    • Article
      Lock icon Manila opposes long-term land leases to foreigners
      168 3 AFP HONGKONG bueineeamen and other foreigners will not be permitted to lesse Filipino-owned private land in the Philippines for more than 25 years, Justice Secretary Sedfrey Ordonez said on Tueeday. Mr Ordonez stood firm on the current policy even as Hongkong busineesmen said
      AFP  -  168 words
    • Article
      Lock icon 'Cambodian coalition needs moral support at coming talks'
      275 3 AFP SENIOR US and Thai officials have agreed that Cambodian anti-communist guerillas needed "material aaaiatance and moral support" to "enhance their bargaining power" in upcoming negotiations with Cambodia's Hanoi-backed government, the Thai Foreign Ministry deputy sookesman said. Pratchyadavi Thavedikul told reportera on
      AFP  -  275 words
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      148 3 j.;' Ir SSlfe: r < 'A'f. >• st»,*- -A. Nf t"C-< "ii i > f it**f-*2HS!s -„:s, «r*. >? ;tr w v#£" r '--f ri?;,.... r-, f ,>, «r i 'if -r rv"' J --VS? f* l X > •V -> >■ A, 1 w' f. 3yj- *> I?,^ "^*v
      148 words
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  • REST OF THE WORLD
    • Article
      Lock icon Inventory-led US recession unlikely, say economists
      506 4 Build-up of inventories heightens fears Reuter A BUILD-UP of retail and car inventories has heightened fears of a widespread economic downturn, but most economists believe overall inventory levels pose little risk of a recession. "It's not likely we'll have an inventory-led recession," said Glenn
      Reuter  -  506 words
    • Article
      Lock icon US, EC draw up proposals for reforming farm trade
      284 4 Reuter THE United States and the European Community have set out proposals for reforming world farm trade, Gatt delegate sources said. They were aimed primarily at achieving "substantial progressive reductions in agricultural support and protection," sources at the world trade body
      Reuter  -  284 words
    • Article
      Lock icon Americans losing world economic might: poll
      227 4 Reuter MORE THAN 40 per cent of Americans believe the influence of the United States as a world economic power has declined in recent years, according to a poll commissioned by Reuters and a US business television programme. But they do not agree on
      Reuter  -  227 words
    • Article, Illustration
      Gentle gyrations of a different kind
      60 4 DISCO PALMS Tom Flaherty of Gemmy Industries Corp, Irving, Texas, plays tunes on a cassette player to demonstrate how dancing palm trees sway to the sounds and rhythms of music at the National Houseware Manufacturers Association's mid-year show last Sunday in Chicago. The palm
      60 words
    • Article
      Lock icon Tokyo should curb car exports to EC market, says commissioner
      215 4 AFP JAPAN should voluntarily restrain its access to the EC car market of the *****, European Commissioner Martin Bangemann and Japanese International Trade Minister Seiroku Kajiyama agreed on Tuesday. They agreed that quotas, currently imposed against Japanese car imports in
      AFP  -  215 words
    • Article
      Lock icon Workers strike after collapse of UK rail dispute talks
      302 4 Reuter TALKS between Britain's stateowned railway and trade unions collapsed and a one-day national rail strike planned for yesterday went ahead. National Union of Railwaymen (NUR) leader Jimmy Knapp told reporters employers had attached unacceptable conditions to an 8.8-per-cent pay deal
      Reuter  -  302 words
    • Article
      Lock icon US-Japan talks fail to resolve trade imbalance
      213 4 Reuter THE United States and Japanese business leaders have concluded three days of talks without agreeing on a timetable to resolve the huge trade imbalance, the main source of tension between the two countries. Henry Wendt, co-chairman of the US side, said on
      Reuter  -  213 words
    • Article
      Lock icon House tax committee suggests closing loopholes
      398 4 Reuter THE CHAIRMAN of the US House Ways and Mssns Committee, Dan Rostenkowski. released a series of proposals for tightening tax loopholes and amending tax laws to raise U555.34 billion in fiscal 1990. The proposals, which will be the basis for committee discussion, include
      Reuter  -  398 words
    • Article
      Lock icon Iron Curtain has begun to part: Bush
      539 4 AP PRESIDENT George Bush, dramatising support for Hungary's political and economic reforms with an offer of US help, says "the Iron Curtain has begun to part" in Europe. Mr Bush was expected to outline a package of investment and trade incentives for Hungary
      AP  -  539 words
    • Article
      Lock icon Cheney proposes tighter controls on arms spending
      298 4 AP AMERICAN Defence Secretary Dick Cheney, predicting a possible government savings of US$3O billion by fiscal 1993, has announced a sweeping proposal to tighten controls on arms spending. President George Bush requested the management report five months ago as part of a major
      AP  -  298 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      982 4 ARRIVALS Operator Sorvic* number local Mm* From ALK UL454 0020 CMS SU soon 0040 LAX/NtT KAL KE697 0155 sa TMA T1351B 0430 KY/SHJ/KUL SiA SQ409 0520 MAA IAC (C555 0655 MAA CXH LH7M 0700 FtA/AUH su SQ407 0740 oa SIA SQ023 0755 AMS/ZRH BOM 9A SQ4I1 0800
      982 words
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      83 4 Doonesbury ANP CC-TVHAS IDENTIFIED CHINA'S*I MOST-WANTED U HOOLI6AN"AS HONEY HUAN, 1 FORMERLY OF BEIJING. m El U MS. HUAN, SEEN HERE IN TIANAmEN SQUARE, IS ACCUSED OF BEING A BAP ELEMENT, A COUNTERREVOLUTIONARY, A RUMORMON6ER AND A THUG. I m m if —yl t L<* BY GARRY TRUDEAU MOREOVER, AS
      83 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      47 4 \£M3 m July 11 Mot* Singapore Amsterdam Athens Auckland Bahrain Bangkok Barbados Mexico Qty Now DoM Now York NlcoiJo Olio Parte Forth Rto 'Janeiro Homo San Frte'oo San Juan Santiago stoui Stockholm Sydney Taipei Tokyo Toronto Vancouver Vienna Warsaw 23/15 Ooudy 31/20 Ooudy 22/12 Ooudy 30/24 Ooudy
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      367 5 i 1 I Now's The Time To Change Your Mind w M ST r» VA n :<* v y r MM a—mzmmmmmm V". i&r\ ii <**-* '>■ ,X j" <r sr r Iti fc I! < 'yX jid m 14 i I X I J :v1 t 1 -vl'-V 5*.435
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1614 6 SINGAPORE: The US dollar closed lower against most currencies yesterday after another day of quiet range trading, dealers said. It fell to 140.25/35 yen from New York's 140.80/90 finish and to 1.8810/20 marks against 1.8855/65. Dealers said minor Bank of Japan intervention in Tokyo and profit-taking reversed an
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    • Article
      Precious Metals
      399 6 HONGKONG: Gold closed little changed yesterday in sluggish two--way trading due to a lack of speculative interest, dealers said. They said investors were focusing on US dollar movement and were sidelined ahead of the release of a series of US economic indicators tomorrow. Dealers expected gold to trade
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    • Article
      Lock icon Simex
      504 6 BA Futures SEPTEMBER EURODOLLAR futures yesterday opened two ticks higher from overnight Chicago level at 91.50. Prices edged to a high on short-covering ahead of the Hari Raya Haji holiday today. The September contract traded in a ranged of 91.49 to 91.54 before settling at 91.52, up 1 tick.
      BA Futures  -  504 words
    • Article
      Money markets
      58 6 THE OVERNIGHT rate on the Singapore money market rose by 1/8 point to end at 5-1/4 per cent. The one-, two- and three-month rates were all unchanged. S$ Interbank rates at the das* yesterday: ora mo Orm3 1/16 S 3 3/1* 3 1/1* S 1/4 s i/e ShmmO
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    • Article
      Options
      1042 6 CURRENCY FUTURES OPTIONS Wednesday, July 12, 1989 DEUTSCHE MARK (SIMEX) u t 1 M tea M(tl > M pi* Low tea 52 47 53 85 54 136 Wednesday, July 12, 1989 JAPANESE YEN (SIMEX) Sop M cate tflgh Low Soft tep we i 88 puto La* Sao 75 356
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    • Article
      Lock icon IMM
      313 6 Reuter IMM currency futures ended weaker and near session lows that were set late on Tuesday. Losses largely stemmed from a technical correction, traders said, as gains over the past few weeks left the market overbought. Some expect modest pressure to continue, although trading will be cautious ahead of
      Reuter  -  313 words
    • Article
      Comex gold/silver futures
      174 6 Gold futures on July 11, 1989 100 troy ounus; USS per troy oui c* Opwi Ml* Lorn SMh M 381.50 3 10 A«0 ***** 385.00 381.80 383.30 -3.30 S-p 383.40 -130 Oct 389.30 389.30 386.00 387.30 3.30 Ok 393.30 393.50 389.80 391.50 -3.30 Fab 89 397JO 397JO
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    • Article
      Asian dollar market
      282 6 ASIAN DOLLAR deposit rates yesterday ended at their opening levels after a quiet day's trade. Most operators were sidelined ahead of yesterday's US Treasury auction of U557.25 billion of seven-year notes and also awaiting tomorrow's release of several US June economic data. Short-dates were 1/16 point lower
      282 words
    • Article
      Government Securities Market
      100 6 Treasury bills Period issue Yesterday's dosing Day's code Maturity MO OFFH HIGH LOW 3 months RQ*****W 11.10.89 3.84 3.79 3.98 3.80 6 months RS*****H 23.11.89 3.84 3.79 1 yeor BY*****F 24.05.90 4.14 4.09 4.16 441 Government notes and bonds Period issue Maturity Coupon Yesterday's dosing Day's code
      100 words
    • Article, Illustration
      World interest rates
      174 6 u>€ p* iff if# itnainQ i iivi or 12 major banks In B'pars Interbank market rates (offer/bid) on July 12 us$ DM SWFC Y«n 1 4my* 1 M* 3 a* <** 13 3/1* l/l* 9 9 7/9 a is/i* ii/i* ll/l* 9/16 1/3 3/i 13 7/i 13
      174 words
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  • BANKING AND FINANCE
    • Article
      Market for regional stocks will start with mainly HK shares
      479 7 THE PROPOSED organised market to trade regional stocks in Singapore will mainly involve Hongkong shares initially, but it is envisaged the market will eventually include shares from other regional countries, says the Monetary Authority of Singapore in its 1968/89 annual
      479 words
    • Article
      Funds raised by private sector show 32pc fall
      225 7 TOTAL FUNDS raised by the private sector on the local capital market fell by 32 per cent to $2.8 billion last year. Funds raised through the stock market by listed Singapore companies declined slightly from $1.8 billion to $1.5 billion in 1988.
      225 words
    • Article
      Asian dollar market proves a lure
      784 7  -  THE 1988/89 annual report of the Monetary Authority of Singapore, a document of trends and developments in the financial sector, was released yesterday. Financial Editor ALVIN TAY brings you the main highlights of the 56-page report. [inns' ALVIN TAY NON-BANK residents, including Singaporeans, permanent
      784 words
    • Article
      Total Credit POSB loans fall after three years of solid growth
      251 7 OUTSTANDING housing loan portfolio of Credit POSB, a figure closely guarded by the management of Post Office Savings Bank, amounted to $1,231.6 million at the end of last year, says the Monetary Authority of Singapore. The POSB has stopped
      251 words
    • Article
      AT A GLANCE
      349 7 MAS profit Net profit fell by about 10 per cent to $1.15 billion for the year ending March 1989. An MAS spokesman attributed the fall to the strength of the Singapore dollar which eroded its revenue from operations. Asian dollar market Remained as the major source of
      349 words
  • COMMODITIES
    • Article
      Rubber
      368 7 SINGAPORE: Rubber prices closed slightly easier yesterday, with August 1 RSS buyer quoted at 178.00 cents a kg, down 0.50 cent from Tuesday's close. Dealers said prices hovered narrowly in lacklustre trading in the afternoon as operators kept to the sidelines ahead of the Hari Raya Haji holiday today.
      368 words
    • Article
      SSR and SMR
      84 7 (contt/kfl) AUGUST 1989 SEPTEMBER 1989 (currant month) (forwor d month) NOON NOON RAS •uyan e _ii j8"8 •vyart SMm SS* 20 150.50 152.50N 151.00 153.00N SSR 50 148 JO 150.50N 149.00 151.00N MRELB kuy«r> S»H#n fc/y«n Si Win SMS cv 233JO 235JON 235JO 237JON SMS I 235.00
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    • Article
      RAS and MRELB
      283 7 RAS priCOS In 8 cants/kg, FOB In balti 1 NOON CLOSE Buyers S*ll*rs Buyers Sellers Int 1 RSS Prompt 179.75 180.75N 179.50 180 JON Int 1 RSS Aug 170.25 179.25 178.00 178 JON lot 1 RSS Sop 180.25 181.25 179.75 180.75N lot 2 RSS OP 177.00 179.00N
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    • Article
      Lock icon Crude Oil and Products
      154 7 Telerate FUEL oil prices were slightly up in the Singapore market of mixed sentiment. CST-180 buyers were notional ly at $90-91 mt fob Sing, with sellers up around the $94 mt mark deals heard done for prompt CST-180 at $93-93.5 mt fob Sing. Late July and
      Telerate  -  154 words
    • Article
      London markets
      248 7 London Commodity Exchange Buyer/Seller dosing prices on July 11 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Bads ln-jtore London, setters option C1F London Jut 816/820 (810/820) High/Low 830/813 S«p 821/822 (829/830) High/Low 840/817 Sol** (3746) Cocoa Jwi 811/812 (811/815) High/Low 814/810 Sop 831/832 (832/833 High/Low 833/827
      248 words
    • Article
      Produce Prices
      195 7 Chinese Produce Gosing prices on July 12 Exchange Coconut oil (M$/ 100kg) Sellers' noon dosing prices on New drums 153.00 My 12 (S$/100 kg) 2nd hand drums 147.00 Coconut oil Bulk 138.00 Bulk FOB 104.00 Local in bulk 135.00 Old drum FOB Now drum FOB 114.00 118.00 Copra
      195 words
    • Article
      Lock icon Wheat
      150 7 Reuter CBT wheat futures failed to maintain their mid-session rally on Tuesday and closed lower as other agricultural commodities slipped in late trading. A lack of demand for wheat increased the burden on prices, floor sources said. Wheat has languished in a bear market for days, drifting down on
      Reuter  -  150 words
    • Article
      Palm Oil
      446 7 Total o/p at at 1100 he* 5033 contract*. Turnovon 1133 lotv Morfcot ton* Easier MALAYSIAN CRUDE PALM OIL FUTURES closed lower in moderate trading yesterday on the Kuala Lumpur Commodity Exchange. Dealers said the market opened lower and moved within a narrow range as short-covering activities and uncertainty
      446 words
    • Article
      Lock icon Soybean
      93 7 Reuter RAINS over the US Midwest and poor commercial demand undermined soybean futures on Tuesday, which closed with moderate losses In most contracts, floor sources said. Soybeans were further pressured by the absence of commercial demand. Soybean futures ended 6-% cents a bushel lower in November to down 17-%
      Reuter  -  93 words
    • Article
      Lock icon KL Tin
      197 7 Reuter THE KUALA LUMPUR Tin Market (KLTM) price weakened 26 sen to M 526.06 a kg yesterday on a lack of Interest after Tuesday's fall on the London Metal Exchange (LME), brokers said. Small bids of IS tonnes •gainst oilers of 41 at the open, pressured the price
      Reuter  -  197 words
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  • LEISURE
    • Article, Illustration
      Olivier, acting's supreme technician
      684 8 OBITUARY LAURENCE OLIVIER, enduring illnesses and personal tragedies, managed in more than six decades on stage and screen to become what one critic called acting's "master craftsman". Olivier, who died on Tuesday at 82, gave the world its definitive Hamlet, Henry V and Richard 111 and,
      684 words
    • Article, Illustration
      Lock icon and master craftsman
      416 9 AP peared with Vivien Leigh in a New York production of Romeo and Juliet. After nearly two years of clandestine love, he obtained a divorce from Esmond and the two were wed. But that marriage, too, was disastrous. Though in the early years they were a glamorous
      AP  -  416 words
    • Article
      Lock icon The man behind the actor
      533 9 AP LAURENCE OLIVIER spoke of his life, his work and his fellow actors in books and interviews throughout his career. Some of his comments: On the craft of acting in general: "I think there is much that the public doesn't understand about acting. I think
      AP  -  533 words
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      Page 8 Advertisements Column 1
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      Page 8 Advertisements Column 2
      112 8 A :jb W m '■J'S __yj/r/r. j ICECREAM A gorgeous choice of flavours awaits you. In tempting colours. ,'9 FRUIT JUICE A wide variety served in natural goodness direct from Mother Nature. I NUTRITION DRINK An innovative concoction of various milk shakes. For a heavenly sensation. M &UMtMMULHO*rBt_ 19 Cairnhill
      112 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      223 9 I 0 AIR FLOWN SEAFOOD. Ho urs In The Park. Our early evening Happy Hours at The Fountain Lounge are simply delightful For every drink, you order you get the next one free, Ptw>, you get 25% off bottle purchase*). And to make sure you're totally happy, there's great music
      223 words
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      Page 9 Advertisements Column 2
      123 9 1 4 w f Scalpel...scissors...sutures._ Business Tmes Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations
      123 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      635 9 CRYPTIC PUZZLE ACROSS 1 See a girl to be of quality (5) 6 Game between equals? (5) 9 The bit ot drink I get on with (7) 10 A film that's been cut? (5) 11 Girl with the figure of a child? (5) 12 Figure the water will seep away
      635 words
    • Miscellaneous
      Page 9 Miscellaneous Column 2
      1308 9 TV and RADIO A burgeoning love m 0 MP A J 1 Sir Goorg SoNI conduct* B< OUR CHOICE SIR GEORG SOLTI, 930pm. SBC 12 Expressions explores the influences and events that have shaped the celebrated Hungarian conductor's career. THE HOUSE OF DIES DREAR, 1.35pm, SBC 5 A young man
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  • PERSPECTIVE
    • Article
      A storm before the dialogue
      521 10 THE PLAN initiated by Australian Prime Minister Bob Hawke for an inter-governmental forum of leading economic entities in the Asia-Pacific area to coordinate market opening polices and enhance economic cooperation, has drawn unexpected flak from the European Community. The rather emotional words ironically appeared to
      521 words
    • Article, Illustration
      Lock icon Sogo shosha come roaring back
      1517 10  -  Japan's mighty trading houses, long synonymous with the nation's prosperity, are finding their feet again after nearly two decades of difficulties. But the current boom in their traditional businesses may be masking some of the risks inherent in the new ventures they have undertaken. PATRICK
      IHT  -  1,517 words
    • Article, Illustration
      Lock icon Private sectors too making a comeback the world over
      837 10 IHT DURING the 1960s and '70s, most governments expanded their role in producing goods and services. Today the private sector is being rediscovered all over the world: in the industrialised countries, in the developing countries and of course in centrally planned
      IHT  -  837 words
    • Article, Illustration
      Ways of boosting West German, Asean trade ties
      1411 11  -  The Federal Republic of Germany, a leading supporter of the European Community's principle of free trade, views Asean as a potential major trading partner come 1992. DAVID CHEW of the Foreign Desk, who visited West Germany recently, assesses Bonn's relations with Asean.
      1,411 words
    • Article, Illustration
      Why small, medium-sized West German firms find Singapore attractive
      915 11 SMALL- and medium-sized enterprises from the Federal Republic of Germany doing business in Asean depend mainly on their own steam and also the cooperation from their partners in the region to succeed. The basis of Bonn's economic aid to the Asean
      915 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      138 10 UP. LIVING IT .JsS EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take
      138 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      44 10 BriStc^PanlcDiclEertf it'S Sof?PßfSinG u)Hiu£ Joues IS ON MOUDRV I'm USING H£R| UISDCSK.... w.— k& /~Qi »o\ i- fx" > C EVENING STANDARD CO LTD. 1947-li if jones Turns His Head the First thing hc sees is my SHovJLDeRS PiND THC BBCK of nv HeAD... V&B7
      44 words
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      Page 11 Advertisements Column 1
      104 11 DON'T LIMIT YOURSELF TO ONLY ONE POINT OF VIEW. V Ti J b. Do you .see an ugly witch? A young beauty? Or both Only one magazine looks at both the good and the bad side of business in Singapore to give you the perspective you need for your decisions.
      104 words
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  • SPORTS
    • Article, Illustration
      Kian Kee to play in Taiwan Masters
      451 12  -  GOLF By A SURENDREN 0M KIAN KEE, who topped the fecal Order of Merit two years ago, has been nominated by the Singapore Professional Golfers Association to play in The Masters of Taiwan at the Taiwan Golf «nd Country Club from August t7-20.
      451 words
    • Article, Illustration
      Lock icon Delgado back in contention as LeMond cracks
      681 12 CYCLING IHT IN THE END, Greg LeMond cracked and Pedro Delgado and Laurent Fignon didn't. So Delgado vaulted back into contention in the Tour de France on Tuesday and Fignon donned the yeltow jersey of the bicycle race's overall leader. "He exploded," racers
      IHT  -  681 words
    • Article
      Lock icon Roche drops out of Tour de France
      106 12 AP STEPHEN ROCHE of Ireland, winner of the 1987 Tour de France, dropped out of this year's race because of a thigh injury. Roche, with the Fagor team, hurt himself early in Monday's stage through the Pyrenees mountains, knocking his left knee against
      AP  -  106 words
    • Article
      Lock icon Faldo tipped to enter record books
      399 12 AFP US MASTERS champion Nick Faldo is tipped to enter the golf record books by winning the £300,000 Scottish Open, which began yesterday. At the moment he shares the European best of four wins in a row with Alf Padgham (1936) and Peter Thomson
      AFP  -  399 words
    • Article
      Lock icon Arias breezes through first round
      271 12 TENNIS AP JIMMY ARIAS of the United States, attempting a pro tennis comeback at the age of 24, breezed through his first-round match on Tuesday night in the U*****,000 US Pro Tennis championships. The 15th-seeded Arias, a finalist in the tournament at Longwood Cricket Club
      AP  -  271 words
    • Article
      Lock icon Masur, Armitraj out of Volvo Hall of Fame
      163 12 AP DEFENDING CHAMPION Wally Masur and three-time titlist Vijay Armitraj were eliminated in the first round on Tuesday of the Volvo Tennis Hall of Fame Championships. Masur, the tournament's fifth seed, lost to Matt Anger, 6-2, 7-6, (7-4). Masur trailed the set
      AP  -  163 words
    • Article
      Lock icon From royalty to decorator, they all want to play the Open
      486 12 AP ALTHOUGH CLEMENS BAYER, a West German interior decorator, missed the cut by 35 shots trying to qualify for the British Open, he joined a mixed bag of hackers whose presence has brought comic relief to golf's oldest major
      AP  -  486 words
    • Article, Illustration
      Who is Leonard to fight next?
      347 12 BOXING SUGAR RAY LEONARD will fight again. The question is, whom? "Everybody who has a Hearns fight signed and sealed for Nov 2 at Caesars Palace is way ahead of the game," Mike Trainer, Leonard's attorney, said by telephone on Tuesday from his office
      347 words
    • Article
      Lock icon French appeal against Mugabi victory
      125 12 AFP THE FRENCH Boxing Federation (FFB) has appealed to the World Boxing Council (WBC) to declare the result of last Saturday s world light middleweight title fight between Rene Jacquot of France and John Mugabi of Uganda a no-contest. Mugabi took the title off the
      AFP  -  125 words
    • Article
      Lock icon Olympic champion Lewis on Tyson's undercard
      104 12 AP LENNOX LEWIS, the Olympic su-per-heavyweight boxing champion, will fight on the undercard when Mike Tyson defends his world heavyweight title in Atlantic City on July 19. it was announced on Tuesday. Lewis, 23, who boxed for Canada at the Seoul Olympics but is
      AP  -  104 words
    • Article, Illustration
      Singapore to take on Australia — via satellite
      484 12  - Singapore to take on Australia via satellite CHESS By DEXTER LEE COME SUNDAY, Singapore will play its first chess match via satellite when it takes on Australia for a place in the quarter-finals of the 3rd Telechess Olympiad. This competition, played for the first time using real-time telecommunication facilities, is
      484 words
    • Article
      Lock icon Border plays down Ashes chances for Australia
      280 12 CRICKET AFP AUSTRALIAN CAPTAIN Allan Border refused to claim the Ashes in Birmingham on Tuesday night after the drawn third Test, even though one firm of bookmakers is taking no more bets on a series win for his side. The experienced Queenslander is
      AFP  -  280 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Guthrie's share issue is 2.23 times oversubscribed
      485 13 Bernama KUMPULAN GUTHRIE Bhd's public share issue has attracted 195,071 applications for 269.58 million shares out of an available offer of 83.34 million shares of Msl each, giving an oversubscription of 2.23 times. Tun Ismail Mohamed Ali, chairman of Permodalan Nasional Bhd and
      Bernama  -  485 words
    • Article
      Oei becomes Roxy Electric's second-largest shareholder
      322 13  -  By KEVIN GWEE ROXY Electric Industries (M) Bhd's new chairman, Oei Hong Leong, has increased his stake in Roxy to 19.75 million shares through his private investment vehicle, Chip Lian Holdings (HK) Ltd (CLH). With CLH's purchase of 4.75 million Roxy shares on July
      322 words
    • Article
      MPHB sells its remaining stake in Gopeng
      154 13 MULTI-PURPOSE Holdings Bhd has ceased to be a shareholder of Gopeng Bhd. In a letter to the Kuala Lumpur Stock Exchange yesterday the company said it has disposed of its remaining shareholdings of 670,000 Gopeng shares of 50 sen each in the open
      154 words
    • Article
      Metal Box in joint venture with Avery International
      249 13 METAL BOX (S) Ltd has teamed up with Avery International Corporation of the United States to manufacture and sell self-adhe-sive label products and labelling systems. The two companies have agreed to set up a new joint-ven-ture company in Singapore which will have
      249 words
    • Article
      OCBC foreign share ownership just 0.37pc short of 20pc ceiling
      273 13 FOREIGN OWNERSHIP of OCBC Bank stock has hit 19.63 per cent of the bank s paid-up capital, just 0.37 per cent short of the ceiling of 20 per cent. Based on an existing share capital of 559.35 million $1 shares
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    • Article
      Lock icon CCM in joint venture with Nippon Oil and Fats
      174 13 Bernama CHEMICAL COMPANY of Malaysia Bhd (CCM) has set up a joint venture with Nippon Oil and Fats Co Ltd (NOF) of Japan to produce powder coatings for domestic appliances and construction components. Under the deal, ICI Paints (M) Sdn Bhd
      Bernama  -  174 words
    • Article, Illustration
      Bon-Food eyes Liat Towers site for Burger King outlet
      553 13  -  By WILLIAM CHIA BONVESTS HOLDINGS's Bon- Food Re Ltd has initiated negoti- ations with the owners of Liat I Towers to lease the site current- > ly occupied by McDonald s for its i Burger King outtet. Besides trying to take
      553 words
    • Article
      Lock icon Gold Coin Malaysia sells land for M$3 million
      184 13 Bernama FEEDMILL MANUFACTURERS Gold Coin (Malaysia) Bhd (GCM) has entered into an agreement to sell a vacant factory site in Petaling Jaya to associated company Gold Coin (CI) Ltd (GCCI) for Ms 3 million. In a statement yesterday, Utama Wardley Bhd said
      Bernama  -  184 words
    • Article
      DIVIDENDS ANNOUNCED
      657 13 Current Ex Books Date Total lor Total for payment data cloee payable the year last yesr Alox Hldgs 6%(b) Aug 29 Sep 8 Sep 26 6% 6% AmcoJ 10% Jun 16 Jun 28 Jul 12 10% 9.1%(ol Avlmo I0%TE(II Oct 16 Oct 26 Nov 15 I0%TE 25%TE B
      657 words
    • SES
      • Article, Illustration
        Wall Street's 12-point gain lifts STII above 1,350 barrier
        1063 14  -  By JOSEPHINE CHAN AFTER SLOWING DOWN for a breather on Tuesday, prices on the share market yesterday moved on to break new ground. Propelled by the overnight 12-point rise of the Dow Jones Average, and Chase Manhattan Bank's half-point reduction in
        1,063 words
      • Article
        Unit trusts
        334 14 Manogers' prices OCBC-SIMBL Investment for July 14 Sawrs Capital Fund 107 1.12 Sov»m T rust Fund 1 05 1.10 Singapore Unit Trust Dm GxMtarca 1.15 122 OUB Investment Mgt TH» Savings Fund 103 1 09 Union Global Fund@ 0 88 092 S'porn frog Fund 0.4* 050 Union S
        334 words
      • Article
        COMPANY MEETINGS
        54 14 METAL BOX SINGAPORE; LIMITED: 14th AQM at Shangri-La Hotel. Gold Hibiscus Room, Mezzanine Floor, 22 Orange Grove Road, Singapore 1025, to-1 morrow at noon. FIMA METAL BOX BERHAD: 14th AGM at the PJ Hilton Hotel, Jalan Barat, ***** Petal ing Jay a. Selangor Darul Ehsan, on July 17.
        54 words
    • Article
      SES SHARE INFORMATION
      6058 14 1969 High Low Tel Cod* Company Laat Bala JUL 12 orVol C000) Day High Low 1 Laal On luyer S tola alter ura Olv Olv Cw urs V*M Nat P/E M Cap SmM DEBENTURES, BONOS, LOANS 284 45* 87* 66 71* 85* 18 52 97 96 86
      6,058 words
    • KLSE
      • Article, Illustration
        Selective buying lifts index
        3542 15 SELECTIVE buying interspersed with profit-taking resulted in a mixed to firmer close at the Kuala Lumpur stock market yesterday. Much activity was generated by second and lower liners. Attention was on property and finance issues. The selectively active trading churned up a total turnover (excluding direct
        3,542 words
    • REGIONAL MARKETS
      • Article
        Lock icon Japanese take closer interest in Europe
        769 16 EQUITIES RESEARCH STEPPED UP Reuter JAPAN'S big four securities firms are beginning to take a deeper look at Europe. The firms are stepping up European equities research as Japanese institutional investors show growing interest in European companies. More European customers is one reason for
        Reuter  -  769 words
      • Article, Illustration
        Lock icon Tokyo market expected to rise on strength of arbitrage buying
        770 16 Reuters THE Tokyo stock market is likely to rise on arbitrage buying today, the last day of trading in spot July options in Japan s month-old stock index options market, most traders say. The market, based on the Tokyo Exchange's
        Reuters  -  770 words
      • Article
        Lock icon Tokyo firms to join Thai power plant project
        145 16 Reuter FOUR Japanese firms and the state-owned Petroleum Authority of Thailand (PTT) have tentatively agreed to build a natural gas power plant in Bangkok, said a spokesman for Tokyo Gas Co Ltd, one of the Japanese partners. The five-billion-yen gas plant would
        Reuter  -  145 words
      • Article, Illustration
        Lock icon Shares finish mixed
        507 16 Tokyo Reuter TOKYO share prices cloeed mixed yesterday in thin, narrow trade as Japanese political uncertainty drsgged down some uplifting economic signs and persuaded major investors to stay sidelined. "The market was devastatingly dull, worse than water torture," said one foreign analyst "It's a chicken-and-egg question of
        Reuter  -  507 words
      • Article, Illustration
        Lock icon Prices end up
        471 16 Australia Reuter THE AUSTRALIAN share market closed higher yesterday after overseas markets were boosted by the £13 billion bid for BAT Industries by a consortium including James Goldsmith and Kerry Packer, dealers said. The All Ordinaries Index cloeed up 7.9 points at 1,559.7. Dealers said the euphoria
        Reuter  -  471 words
      • Article, Illustration
        Prices mixed in active trading
        1284 16 Hongkong SHARE PRICES on the Hongkong stock exchange closed mixed yesterday in active trading. The Hang Seng Index, the market's key indicator of blue chips, dropped 8.34 points to 2,477.51. Turnover declined to HKSI.ISI billion from HK51.406 billion on Tuesday. The decline in prices snapped
        1,284 words
      • Article
        Taipei: Technical rebound
        376 16 THE Taiwan stock index closed higher yesterday after several days of sharp losses aa bargainhunting investors sparked a technical rebound, dealers said. The weighted index climbed 296.30, or 3.6 per cent to finish at 8.228.82 against Tuesday's 7.930.46 close. Turnover was thin at NT555.46 billion compared with
        376 words
      • Article
        Lock icon New Zealand: Yet another gain
        154 16 Reuter NEW ZEALAND share prices rose for the seventh consecutive trading day yesterday, but the rise was marginal and indications are that the rally is running out of steam, brokers said. But they noted that there waa still good underlying support and any reversal was
        Reuter  -  154 words
      • Article
        Lock icon Seoul: Rise continues
        174 16 Reuter SEOUL STOCKS continued to rise yesterday as Investors, cheered by news reports that the government had asked selected institutions to pump funds into the market, bought across the board, brokers said. Ministry of Finance officials said the reports were false but the composite stock index still
        Reuter  -  174 words
      • Article
        Lock icon Bangkok: Index up slightly
        229 16 Reuter THE SET Index roee slightly on the Bangkok market yesterday ss a rally by finance and mining blue chips offset profit-taking on small speculative issues, brokers said. The official indicator advanced 2.3g points to cioee at 616.24 in active trade. Gains outnumbered losses 63 to
        Reuter  -  229 words
      • Article
        Lock icon Manila: Wobbly market
        174 16 Reuter PHILIPPINE SHARES settled mixed to firmer yesterday on mild interest inspired by blue chips, which brokers said provided support to a wobbly market Manila's composite index rose 6.34 points to 1,015.86. Brokers said political anxiety lessened as the week of European visits by President Corazon Aquino,
        Reuter  -  174 words
      • Article
        Lock icon Bombay: Recovery
        171 16 Reuter BOMBAY shares recovered yesterday after falling sharply for the past two days but prices finished below their opening peaks with trading characterised by alternate bouts of buying and selling, brokers said. "The recovery Is a technical adjustment ahead of end-of-account on Thursday." one broker said. The market
        Reuter  -  171 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Bid for BAT inspires market
        705 17 New York Reuter WALL STREET stock prices closed higher on Tuesday after a US$2l billion bid for Britain's BAT Industries pic sparked takeover interest in many issues, analysts said. The offer for BAT, a diversified tobacco and financial services company, boosted many tobacco and food
        Reuter  -  705 words
      • Article, Illustration
        Equities open firmer
        931 17 London LONDON share prices opened firmer yesterday, extending Tuesday's push to new poet-crash highs when bid fever boiled over on Anglo Group's £13 billion offer for BAT Industries. This pushed the FTSE 100 index above the psychological 2,200 level. Abbey National, Britain's first building society to go
        931 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1511 17 Reuter FRANKFURT: West German shares closed lower yesterday as the market drifted without clear direction. Some dealers said the downturn was a shift to a more bearish mood, while others said it was merely a continuation of Tuesday's technical correction to recent strong gains. "No one knows
        Reuter  -  1,511 words
      • Article, Illustration
        Lock icon How British takeover rules will affect battle for BAT
        761 17 FOCUS ON ANGLO'S BID FOR TOBACCO GIANT BAT NYT THE WAR for BAT Industries, the old British-American Tobacco, is expected to be fought under British takeover rules. And that could make all the difference in determining who wins. Those rules are
        NYT  -  761 words
      • Article
        Lock icon Rothschild's part in bid comes as no surprise
        601 17 NYT JACOB ROTHSCHILD'S willingness to join Sir James Goldsmith in a hostile US$2l billion bid for BAT Industries could not have surprised many observers in the City of London. Mr Rothschild, who is 53, began defying the staid traditions in his well-known
        NYT  -  601 words
      • Article
        Lock icon The appeal of US stocks as takeover plays
        379 17 Reuter THE £13 billion bid for Britain's BAT Industries pic underscores the relative cheapness of US tobacco stocks and accentuates the appeal of some as takeover plays, analysts said. Food and tobacco stock analyst Roy Burry of Kidder. Peabody and Co said:
        Reuter  -  379 words
      • Article
        Lock icon A rich prize for stock market predators
        258 17 Reuter BAT Industries pic, Britain's third-largest industrial company, has worldwide interests in tobacco, paper, department stores and insurance that make it a rich prize for stock market predators. The hostile offer made for BAT on Tuesday is worth around £13 billion (about US$2l
        Reuter  -  258 words
      • Article
        Lock icon S and P puts BAT on CreditWatch
        104 17 Reuter RATING AGENCY Standard and Poor's Corp said it placed the long- and short-term debt of BAT Industries pic on Credit Watch with negative implications following news of a £13 billion bid for the company. Placing a company on Credit Watch is an
        Reuter  -  104 words
    • Article
      Good response to new PR scheme
      428 18  -  By ANNA TEO THE KEY government agencies handling the new immigration policy have been deluged with enquiries from foreigners keen to take advantage of the more liberal regulations. The Economic Development Board said several hundred application forms for permanent residence have also been distributed
      428 words
    • Article
      Lock icon China reassures HK citizens
      310 18 Reuter CHINA'S new communist party leader has reassured three prominent Hongkong citizens over the British colony's future while warning against interference in the course of Chinese communism. "We practise our socialism and you may practise your capitalism," Jiang Zemin said. "We will not practise socialism in
      Reuter  -  310 words
    • Article
      Lock icon Marcos formally recognises Aquino regime
      117 18 AFP FORMER Philippine president Ferdinand Marcos has formally recognised the Corazon Aquino government three years after he was overthrown, court sources said in Manila yesterday. The recognition was stated in a letter to the Philippine Supreme Court supporting the Marcos family's earlier petition requesting that
      AFP  -  117 words
    • Article
      Lock icon Taiwanese overseas investments likely to surge
      219 18 Reuter TAIWANESE BUSINESSMEN, faced with a severe land shortage and rising wages at home, are expected to increase overseas investments substantially this year, officials and businessmen said. Investment Commission official Liu Kwun-Tang said outward investment by businessmen rose about 33 per cent to US$ll3
      Reuter  -  219 words
    • Article
      Lock icon Proposed new rules may chill foreign investment in US
      188 18 Reuter FOREIGN INVESTMENT in the US could be chilled by expanded reporting rules being considered by Congress, Commerce Undersecretary Michael Darby has said. Testifying before a Senate Commerce Committee hearing, Mr Darby said proposed new reporting rules could invite retaliation abroad
      Reuter  -  188 words
    • Article
      Lock icon Top 500 companies outside the US show 50pc jump in profits
      932 18 FORTUNE MAGAZINE SURVEY SAYS JAPAN LEADS '88 LIST AP PROFITS of the 500 largest industrial companies outside the US soared nearly 50 per cent in 1988 from the year before, according to a survey released on Tuesday by the
      AP  -  932 words
    • Article
      Lock icon Agriculture makes the difference for KL economy
      331 18 Bernama PRIME MINISTER Datuk Seri Dr Mahathir Mohamad said yesterday that Malaysia's economy differs from those of countries like Singapore, Hongkong. Taiwan and South Korea because the country's agricultural sector still attracts the interest of local entrepreneurs and investors. "This is the field
      Bernama  -  331 words
    • LATE FILE
      • Article
        Lock icon Holiday Bath closing down
        54 18 Bernama HOLIDAY Cutler Bath Sdn Bhd, a Malaysian commodity broking firm, is winding up operations in Malaysia due to lack of business. The company, commonly known as "Holiday Bath" will close its Kuala Lumpur operations at the end of the month. Its Penang branch was closed
        Bernama  -  54 words
      • Article
        Lock icon Cambodia woos investors
        47 18 Reuter A BILL on foreign investment aimed at attracting funds into Cambodia was presented to parliament in Phnom Penh yesterday, Phnom Penh Radio said. The bill was presented by Planning Minister Chea Chanto. The draft of the bill allowed joint ventures with foreign concerns.
        Reuter  -  47 words
      • Article
        Lock icon Reservation systems accord
        53 18 AFP JAPAN Airlines said yesterday it had agreed with American Airlines to develop the two companies' computer reservation systems. The agreement provides for mutual access to the Axess system operated by Japan airlines and the Sabre system operated by American Airlines, and joint development of compatible software
        AFP  -  53 words
      • Article
        Lock icon India challenges Gatt
        31 18 AFP INDIA challenged the jurisdiction of the General Agreement on Tariffs and Trade over intellectual property yesterday, re-igniting a longrunning dispute between Third World and industrialised countries.— AFP
        AFP  -  31 words
      • Article
        Lock icon Brunei Sultan denies robbery
        36 18 AFP SULTAN Hassanal Bolkiah of Brunei, reputedly the world's richest man, has denied reports that burglars broke into his London home last week and got away with US$l5 million worth of jewellery.—
        AFP  -  36 words
      • Article
        Lock icon China dissidents in Paris
        32 18 Reuter TWO fugitive leaders of China's pro-democracy movement, Wuerkaixi and Li Lu, reappeared in public for the first time in Paris yesterday, accompanied by a French government minister.—
        Reuter  -  32 words
      • Article
        Lock icon Airbuses for new Aussie airline
        51 18 AFP A NEW Australian airline has announced plans to begin domestic operations next year with an all-Airbus fleet. Owner Bryan Grey said his new Compass airline would offer discount fares in a bid to break Ansett and Australian Airlines' current duopoly on major trunk routes.
        AFP  -  51 words
    • Article
      Lock icon Comex
      76 18 Reuter COMEX GOLD FUTURES traded lower in early action yesterday as light commission house and selling pressed prices. Floor traders said dealings were extremely quiet and sluggish ahead of tomorrow's release of three economic reports, the producer price index, industrial production and retail sales. August gold was off at
      Reuter  -  76 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      96 13 iTTUT SINGAPORE'S PREMIER WATCH BOUTIQUE It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European merger. FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the
      96 words
  • Page 13 Miscellaneous
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      165 18 SES special supplement SES special supplement SfS special supplement ih Stock Exchange of Singapore r%i SPECIAL SUPPLEMENT The lines around the world's stock markets are fast disappearing. As we move Into the Nineties, the pace will pick up. The growth of the global market place and round-the-clock trading will present
      165 words
    • Advertisement
      Page 18 Advertisements Column 2
      116 18 J LW Investments AVENUE v PAfiK SIXTH AVENUE SINGAPORE AN EXCLUSIVE CONDOMINIUM DEVELOPMENT FOR SALE BY TENDER «IW •vw -fe 48 maisonettes with 31 units let. Freehold site (area 16.556.8 sq m)for sale en bloc. Well -finished three and Jour bedrooms units in three low-rise buildings Facilities include swimming pool
      116 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Panamanian vessel sinks off China
        54 19 Reuter THE PANAMANIAN VESSEL Trade Quicker, 2,038 tons gross, sank off China on Monday after colliding with the 16,408-dwt Yanan, Lloyd s Shipping Intelligence Service reported. The Yanan, also Panama-registered, is being towed to Kurosaki, Japan. The Trade Quicker had been on a voyage from
        Reuter  -  54 words
      • Article
        Lock icon Conference announces CAF changes
        62 19 Reuter THE FAR EASTERN FREIGHT CONFERENCE has announced some changes in currency adjustment factors (CAFs) effective from July 15. From West Germany/Benelux, the CAF has been revised to 54 per cent from 50 per cent, from Scandinavia 17 per cent from 13 per cent previously, and
        Reuter  -  62 words
      • Article
        Lock icon Global tanker chartering up in June
        62 19 Reuter WORLDWIDE TANKER CHARTERING in June for spot crude oil rose to 54.72 million long tons at an average new worldscale rate of 82.92 (476 fixtures) from 50.15 million tons at NW 86.80 (462) in May, London shipbroker Howard Houlder said. This compared with
        Reuter  -  62 words
      • Article
        Lock icon General average loss declared
        63 19 Reuter A GENERAL AVERAGE LOSS has been declared on the Singaporean bulk carrier Poseidon Breeze, laden with 52,500 tonnes of grain, which grounded off southern Sri Lanka on July 5, Lloyds Shipping Intelligence said. The 61,769-dwt ship, which was bound for Trincomalee from Portland, Oregon, is
        Reuter  -  63 words
      • Article
        Lock icon Line stops trans-Atlantic service
        56 19 Reuter WESTWOOD SHIPPING LINES, a subsidiary of Weyerhaeuser Co, is discontinuing its transAtlantic service and has agreed to transfer its long-term forest products contracts covering Atlantic trade routes to Star Shipping of Norway. The company said on Tuesday that it was positioning itself to strengthen shipping
        Reuter  -  56 words
      • Article
        Lock icon Ship heading for repairs in Busan
        53 19 Reuter THE 6,560-DWT PANAMANIAN MOTOR VESSEL Fortune Freighter is due to arrive at Busan, South Korea, today to carry out permanent repairs, Lloyds Shipping Intelligence said. The Fortune Freighter collided with the 1,849-dwt South Korean chemical tanker Pohang Pioneer off Inchon, South Korea, on
        Reuter  -  53 words
      • Article
        Lock icon Tanker sinks following blasts
        43 19 Reuter THE 1,685-TONNE GREEK TANKER Agios Nicolaos sank in the port of Piraeus early last Sunday after repeated explosions the previous day, Lloyd's Shipping Intelligence Service said. The port authorities put down a floating boom to avoid pollution. Reuter
        Reuter  -  43 words
    • Article
      Lloyd Triestino and group partners to spend US$86m on new boxes
      185 19 LLOYD TRIESTINO and two other partners in the Finmare Group will spend some US$B6 million on 14,200 new containers of various sizes. Another US$77 million to US$7B million will be invested in a second batch of 11,000 to 12,000
      185 words
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      Index to advertisers
      843 19 ABC Contoinerline XI 5 Accord Shpg VI* 3/4 Arrow lines XI 5 ANl III 1/2 AfC line VII 5 API V 3-5 ASCI V 1 Australia line VII 1 Bolt-Conada line IX 4/5 Bait-Orient lift* IX 4/5 Baltic Orient Shpg XI 4 Bangladesh Shpg VII 2 Bank
      843 words
    • Article
      Lock icon Norasia seeking use of Egyptian port
      302 19 Lloyd's List NORASIA LINES, the Swiss-Hongkong-based containership operator, is negotiating with Egypt to use the new port of Damietta as part of its container operations in the eastern Mediterranean. The negotiations follow the signing in May of a three-year berthing and handling contract with
      Lloyd's List  -  302 words
    • Article
      Lock icon Strike call meets mixed response at British ports
      400 19 Agencies AN INDEFINITE STRJKE over jobs brought the London and Bristol docks to a standstill on Tuesday but the strike call was ignored at some British ports, which continued to work normally. British port employers said about 940 dockers at 18 of
      Agencies  -  400 words
    • Article, Illustration
      Kuehne & Nagel (S) expects 30pc increase in sales
      405 19  - Kuehne Nagel (S) expects 30pc increase in sales TURNOVER AT $16.4 MILLION AS OF MAY By JEAN FOONG FREIGHT FORWARDER Kuehne Nagel (Singapore), which achieved a turnover of $33.8 million last year, is expecting a 30 per cent increase in sales this year. "Singapore is the fastest growing area in
      405 words
    • Article
      SFFA to set up secretariat
      303 19  -  By RAHITA ELIAS THE SINGAPORE Freight Forwarders' Association (SFFA) will have its own secretariat office from Aug 1. Ms Ng Soo Hwa, formerly from the Singapore National Shippers' Council (SNSC). will manage the office located at The Plaza. CS Tan, which is currently handling the
      303 words
    • Article, Illustration
      Arab owners taking stock of situation
      963 20 Recessions and tight curbs on spending In the Middle East have meant that few Arab companies are involved in newbuilding projects or major fleet expansion programmes in recent years. This may soon change. IMPROVED FREIGHT RATES and increased activity towards the end of last
      963 words
    • Article
      Lock icon Exxon Valdez reported to be leaking oil
      238 20 Reuter THE TANKER Exxon Valdez, which caused the worst ever oil spill in US history, may be leaking oil into the water off San Diego, the American Coast Guard announced on Tuesday. "Indications point that the Exxon Valdez is releasing oil," US Coast
      Reuter  -  238 words
    • Article
      Shipping events
      650 20 July 10-13 Propulsion systems, West European Graduate Education Marine Technology 12th Graduate School organised by the Institute of Marine Engineers, City Conference Centra, Memorial Building, 76 Mark Lane, London EC3. July 13 Liability of construction professionals problems and solutions, Lloyd's of London Press insurance conference with Neil F.
      650 words
    • Article
      Lock icon Little impact expected on commodity trade
      519 20 BRITISH DOCK STRIKE Reuter AN INDEFINITE STRIKE called at 60 British ports is not expected to have much impact on commodity trade, at least in the short term, British industry sources said. "The strike has been so well broadcast that everybody must have made
      Reuter  -  519 words
    • Article
      Lock icon Dutch dockworkers pledge support
      204 20 Reuter DUTCH DOCKERS will support the British port strike in any way that they legally can, FNV port union spokesman Kees Marges said on Tuesday. "There are strict legal limits on what we can do in a dispute like this, but we can almost certainly slow
      Reuter  -  204 words
    • Article
      Consortia
      160 20 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines
      160 words
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      Who acts for whom ...
      2431 20 Who acts for whom A B AB Shipping Boustead Shpg Agencies (S) ABBS Lin* S M S Pte Ltd (S)/Tunas Selia (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepler Oceanus Shipping Agency (S)/Multiport Sdn
      2,431 words
    • Article
      Lock icon India planning legal suit over oil slick
      186 21 AFP INDIAN AUTHORITIES are planning to sue the owners of a foreign tanker for damage caused by a massive oil slick off western Bombay, the Press Trust of India (PTI) reported on Tuesday. The director-general of shipping, A K Prasad, was quoted as
      AFP  -  186 words
    • Article
      London Freights
      823 21 TWO GRAIN cargoes were reported fixed on Tuesday from the US Gulf to Japan and a third was fixed from Brazil, brokers said. A rate of US$22 was reported agreed Gulf/Japan, down from similar business last week at $22.25, while a major grain house said it had fixed
      823 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3216 28 TVAWHIH (.una Maerak M««r«k Line, July 12/13 Vurama Maru. Trlot. July 13. *Oiu He. China Ocean Shpg. July 13. Jtoraala Samantha. Noraala Lloa. July Ming Propitious, Yang Ming. July 15. t>w Oar land. Evergreen. July 17. Jutlandia ScanOulcht, July 17 fcenavon, Trtof.
      3,216 words
    • Article
      Container schedules/ships in port
      1718 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time cargo schedule Location N Garnet 21 13 07 89 1800 F07 13/0730-13/0630 AS F05 13/0900-13/1000 C5 Ming Peace I7A 1307 89 1930 F05 13/1015-13/1100 N3 Es Pioneer 08N 1307 89
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      Page 19 Advertisements Column 1
      47 19 IDIOMS A lively way with words Avatabte at aM good bookahop* Federal Publications Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      47 words
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      Page 19 Advertisements Column 2
      251 19 More stories, PAGE II overseas about Singapore. Tin' The Straits Times L Weekly Overseas 7 Edition. It's the weekly J newspaper, printed on light weight paper in convenient tabloid size. It carries business, economic, political and general news on Singapore as well as investment news and sports round-ups. The more
      251 words
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      Page 19 Advertisements Column 3
      137 19 INTEMNARINE SUPPLY CO (PTE) LTD T*l: *****33 (6 llnM) TU IMCCO R*****8 F» *****77 Expansion on their minds IMPROVED FREIGHT RATES and increased activity towards the end of last year have prompted many of the Middle East's shipowners to contemplate fleet expansion programmes. PAGE II Little impact on commodity trade
      137 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1194 21 WW/ K" 1 S-rx' [Wj Jardines JARDINE SHIPPING AGENCIES -TO Cantonment Road #12 05 Souttipomt, Singapore (WW lei *****11 TELE* NO RS 241?9 TERMINAL C'S Tel *****18 220 pnc:;,niiS Tel *****34 235 PESAKA JAROINE SHIPPING AGENCIES SDN BHD PORT KELANG TEL *****18 Telei No MA***** MA***** PENANG TEL *****4 TELEX
      1,194 words
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      Page 21 Advertisements Column 2
      1184 21 MAERSK LINE This «<h>« iMa m Closing Tim* CY 18n 0400 MRS CFS 17/7 1800 HRS "Port 'Penang Kelang FMd« by M Koto* 4 M Tauro m PI 14/7 20/7 21/7 27/7 28/7 3/8 4/8 10/8 11/8 17/8 18/8 24/8 25/8 31/8 3/9 DESTINATIONS To C al«»or nii US GuW
      1,184 words
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      Page 22 Advertisements Column 1
      863 22 I u Hapag-Lloyd cqntainlr service to uk/continent P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP KURAMA MARU BENAVON TOKIO EXPRESS PROSPER OSAKA BAY TOLAGA BAY FRANKFURT EXPRESS HEIDELBERG EXPRESS ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE
      863 words
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      Page 22 Advertisements Column 2
      465 22 7Tr o COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI CONTAINER SERVICE TO NORTHBOUND TO UKC SPORE RDM/A DAM HBG MULL (U.K.) TAUSALA SAMOA V-15N 23/7 20/8 25/1 29/8 CLYDEBANK V26N 14/8 12/9 18/9 21 fi TAMAITAI SAMOA V-16N 20/9 17/10 21/10 25/10 *AI«o Accepting fCL to
      465 words
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      Page 22 Advertisements Column 3
      1032 22 TO EUROPE REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEDER) ALG/BCL AUC P SAID*TRS* KOPER'VCE* AMC» AQABA* NORASIA SAMANTHA 8916-3 12/7 13/7 14/7 8/8 10/8 11/8 12/8 13/8 14It ARABIAN SEA 917W 19/7 20/7 21/7 150 17 S 1b 6 19 8 20/8 21 8 NORASIA SHARJAH 8918-3 26/7 27/7 28/7
      1,032 words
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      Page 23 Advertisements Column 1
      857 23 Steamers Maritime Holdings Ltd W* P&O TO^Cont Containers I CONTAINER SERVICE TO UK/CONTINENT: Also Accepting Cargo For: Hunfcuri to CofNflhafMV Aartwi. Gothenburg. Malmo. Stockholm. Helsinki, Sondvrburf Rotterdam to Antwarp. Amsterdam, Olio. Basle. Zurich •rinanhaven to Bremen Southampton to all UK destinations. Belfast and OuMin CONTAINERSHIP SERVICE FROM UK/CONTINENT: KNCAIRN Sailed
      857 words
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      Page 23 Advertisements Column 2
      997 23 YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVrCE Alto Kccptinf for Inland UK destination* Antwerp and Scandinavian ports. HANJIN TONGHAE 06K HANJIN ROTTERDAM 003E CHOYANG CHANCE OCE HANJIN HASAN OWE Ldg for HK/KAO/KOBE/YOKO/BUSAN FMG ,Q KOIA MERCANTE GR ANCOLOMBI AN A SA (NATIONAL LINE OF COLUMBIA) To Buenaventura/Barranquilla/Santa
      997 words
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      Page 23 Advertisements Column 3
      66 23 nMkm MUTIARA SAMUOBA A9UNG MJP 21/7 DUMAI/PERAWANG KUALA SIAK II 15/7 BATAM/P. BARU SAMUDERA 102 18/7 PERAWANG/DUMAI 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS I Also accepting cargo for ports in Jawa Kalimatan. We specialise in project heavyiift cargo. Owners operators of tug boats
      66 words
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      Page 23 Advertisements Column 4
      306 23 Hcii Sun Hup Co (Ptc) Ltd r f L k. i:\SI <' \t; I» STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Moji Funabashi •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE POUTS, HONGKi TAIWAN ft CHINESE POUTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE
      306 words
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      Page 24 Advertisements Column 1
      474 24 TUSINOSE MARITIME PTE LTD Singapore Loading for:IRAN TEYFOURI PJL7O7 Eta 1/7 BANDAR ABBAS KYOWA LINE MTRODUONO KYOWA FAST DIRECT B/BULK/CONTAMER SERVICE FROM S'PORE/PK TO QUAM/BAMPAN AND MICRONESIA PORTS* ETA SPORE LOAO FOR: SPARKLE ETA IS AUG K GUAM. SAIPAN AND MICRONESIA PORTS* •MICRONESIA PORTS DIRECT CALLS ON INDUCEMENT BASIS AND/OR
      474 words
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      Page 24 Advertisements Column 2
      558 24 00 HANJIN SHIPPING FULL CONTAINER SERVICE I TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST CHO YANG PARK MOW HANJIN OAKIANO MUD CHOYANG SUCCESS OWW HANJIN TONC HA£ WW I TO FAR EAST PORTS TO PACIFIC NORTrI WEST CANADA FROM EUROPE VIA SUEZ TO EAST COAST (ALL WATER SERVICE)
      558 words
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      Page 24 Advertisements Column 3
      172 24 INTEROCEAN UNE 78, 2nd Floor, Jalan 2/71, Timan Tun Dr. Ismail, ***** KL. Tal: *****34, *****94, *****26 TLX. NC. MA-***** FAX: 03-*****11 Panang Oft: Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS H(AD*«NTS SOUTHERN SHIPPING MM> ANO ENTERPRISES CO LTD »<VN"S SATIMAR SON BHD K LUMPUR TEL *****1*/*****44 PENANG
      172 words
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      Page 24 Advertisements Column 4
      944 24 full container Service Round-The-World East Bound (FE/CARIB/jJSEC/EURQ/FE) PKL SCP HKC KSC KLC PUS MKT OSK TYO BAL LHV AND 15/06 20/07 21/07 ***** 02« 04 <W 07M 01« 17« IB 24m 25/07 0200 31 "07 04/00 07*0 01/01 11/00 00*9 ISTO 70-0' 3M7 P CMI 1W UN llff iS M
      944 words
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      Page 25 Advertisements Column 1
      872 25 jtv PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES FAR EAST VESSEL HAI QUANG MAJAPAHIT OOWA ACCEPTING MURURAN/TOMAKOM AI/HITACHI CARGO VIA MKG JAKARTA SURABAYA/SEMARANG XINGANG QINGDAO VESSEL SEA DRAGON SEA DRAGON VOY SIN 21N8 31/7 23N8 31/■ MKG XM 9/1 15/t 9/9 15/t
      872 words
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      Page 25 Advertisements Column 2
      504 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Benalder Kurama Maru Benanon Totno [iprm Prosper OuU li) Toiafa Bi« Frankfurt Eiprni M«itftlb*r| Eipreti Kowloon lay Alaska Maru Mont* Rota EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAH HAVEN R DAN HAVRE STON R KLANC SPORE FOR Tolafj Bay Sailad Sailed Sailed Sailed
      504 words
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      Page 25 Advertisements Column 3
      347 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD •PX 6€SINN LLOYO f.T. SMMKM MBONESM P.T. TRNUNU LLOYI urns* um cmti VSL/VOY L J BONTANG, IMB i "A" VSL MATARAM/24W8 SPOKE ANTWERP H'BU ADAM ADAM BR El V-np M Hi (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) nZ (ACCEPTING CONVENTIONAL AND CONTAINERISED
      347 words
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      Page 25 Advertisements Column 4
      375 25 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon AVA V/ 97 PAGAN VI43W HPA-AN VI4IW 1/3 Aug 17/19 Jul P.Kelang Penang Bangkok is/u iui THE BANK UNE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE RDAM HMBG MULL TAUSALA SAMOA VISN 23/7 20/8 25/8 29/8 CLYDEBANK V26N
      375 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      750 26 \v Kline KAWASAKI KISLN KAISIIA. LTD. N. AMERICA-ATLANTIC COAST NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE OOCL FREEDOM VOY LB 20 14 18 25 CHLS NFK •PK/PNG 'INDO FEEDER VESSEL NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE OOCL FREEDOM N. AMERICA PACIFIC SOUTH-WEST r 'INDO 'PK/PNG [~SGP I MOTHER VESSEL VOY LB
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      Page 26 Advertisements Column 2
      633 26 J <u jc/we AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers TULSIOAS ¥42 n K KALIDAS KM i; TULSIDAS ¥43 s KALIDAS V 45 3 0 Transit tune Singapore Melbourne Keiang Penang By Feeder By Feeder II July II luty I! Aug II Au« 2 Sept Sept 28 Sept 21 Sept
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      Page 26 Advertisements Column 3
      373 26 GOLDEN LINE 1 GUAN GUAM SHIPPING (PTE) LTD 23 Teto* A»«f Street SINCAPORf OIM TEL S34IW (10 LINES) Fn U***** STRAITS/PERSIAN GULF SERVICE: S*por« P. Keiang fw, GOLDEN HAVEN Cotombo/lUfKfc/Oul* *71 July GOLDEN BEAR Colombo/ KjradN,'Ouba< M Aufuit CHINA SERVICE Ml TON SHAN Hujnfpu/Skanftui 22/24 My ru, u nr» U
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      Page 26 Advertisements Column 4
      596 26 |V'S5 PHI LI-ORIENT LINES PTE LTD HEAD Off ICE 108 ROBINSON ROAD :--07 00 GMG BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 [vessel TBN EAST/FM EAST Fa ft La lETA SINGAPORE (DESTINATION MMm affmrlffrrm? JEDOAM (LCL) WEEKLY AQABA HODEIDAM un. a/7, an U/7, 11/7. a/7 COLOMBO, KARACHI. BOMBAY
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      Page 27 Advertisements Column 1
      1151 27 NEPTUNE AGENCIES PTE LTD Bookings Booking? fE EU/MJST TPA/SfA NEPIINE SON BHD (CR NO. **********0E) NEPTUNE ORIENT LINES LTD EXPORT IMPORT TO MEDITERRANEAN FROM MEDITERRANEAN O. Pioneer 41/822 Hakata 09/823 MB Maru 77/824 O. Altair 10/825 R Maru 05/826 Lloydiana 02/827 TO AUSTRALIA (EAST COAST) FROM AUSTRALIA (EAST COAST) VESSEI./VOY
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      Page 27 Advertisements Column 2
      825 27 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 ***** WMW P. KCLANG MESSRS MAI THONC SHIPPINC 127 Pcnaw Street. Penanj. Malaysia CaWtj JAYAPOH PENANG. Til: *****4/*****8/
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      Page 28 Advertisements Column 1
      286 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 {34 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND H. CEGIELSKI 4W 0. GROTEWOHL 6/89 FAHRLANO VB/S9 W.
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      Page 28 Advertisements Column 2
      159 28 fii 11CL> REGIONAL CONTAINER LINE ASEAN PORTS BANGKOK 5 SAILINGS A WEEK Meow Hock Agency Co Ltd BKK (Tel: *****80) SONGKHLA -1 sailing a week VESSEL ITI BHUM IBS n,i > jl ITI BHUM ITI BHUM BUTANG JAKARTA: PT Sarana Penida SURABAYA PT Sarana Penida 2 SAILINGS A WEEK Jkt
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      162 28 Regional Weather >1 n >/.» If? 3 l tt 1 \5 8 Sv' 7 v» "c cf Wl Wmd direction with speed m knots Wave he»ghr SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7J30 A.M. July 13,1989 LEGEND R Thundcntorm Temp«rotur. c X\ S, Weather Wmd direction with speed m knots
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      Page 29 Advertisements Column 1
      606 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAOI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR A. VSL 18/7 Iraq/Japan THROUGH B/Ls to BAGHDAO UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA t BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING
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      Page 29 Advertisements Column 2
      357 29 a m RICHFIELD MARINE AGENCIES [S| PTE LTD T£L *****33 (10 Lines) FAX *****15 TELEX RS ***** RISMIP (3 Lines) {N*t*wl t m of Ethw>pia) ACCEPTING FCL AND CONVENTIONAL P€N/PKG ETA spone ABBAY WONZ 20/7 VOY 20WB NETSANET 2719 VOY: tewß DARESSALAAM, MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAH DARESSALAAM MOMBASA DJIBOUTI
      357 words
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      Page 29 Advertisements Column 3
      814 29 11 (ySIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK 18/7 BUSAN 18/7 BOMBAY 18/7 COLOMBO 18/7 HONGKONG 19/7 MUARA/LABUAN/KK 17/7 KUCHING/SIBU 18/7 TOKYO/YOKO/KOBE 18/7 LE HAVRE/HAMBURG 18/7 FELIXSTOWE/R'DAM 18/7 KEELUNG/KAOSHIUNG 16/7 FREMANTLE 22/7 SYDNEY/MELBOURNE 22/7 CHITTAGONG 20/7 <CfS> CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22
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      Page 29 Advertisements Column 4
      163 29 BALTIC ORIENT SHIPPING PTE LTD. Paatg/fftffl Hamburg West Germany Tiger Line INDEPENDANT COMMON CARRIER SERVICE SINGAPORE MADRAS SHUTTLE SINGAPORE CALCUTTA SHUTTLE MV TIGER BAY, HV SUSAK MV CALABAR Agents: BEN LINE AGENCIES (S) PTE. LTD Telephone: 22$ 3522 Telci. RS ***** SOON KIAT SHIPPING T— PTE LTD i 3 shenton
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      Page 29 Advertisements Column 5
      64 29 DESTINATION ETA SINGAPORE ABC CONTAINERLINE TO AUSTRALIA/NEW ZEALAND TNT EXPRESS 221 Also accepting cargo to:AUSTRALIA NEW ZEALAND TO USA/CANADA Adcljid*. Brisbane Wttlington, Napier, Chrwtchurth TUT EXPRESS 221 22,7 18 DATS FROM UVORTRO 19 DATS FROM FOS/MARSEILUES FROM USA/CANAOA/EUROPE/MEDITERRANEAN ITTingJEUCMEBEUI EaHigiaMEaiJ nnnncjEiini nmnmr^nni AGENTS FARGO SHIPPmG COMPANY (PTE.) LTD. IS. HOE
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      Page 30 Advertisements Column 1
      749 30 iA r a L MERCHANT MARINE CO.. LTD. FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE EASTBOUND TO USA TO PSW HYUNDAI INNOVATOR HYUNOAI EXPLORER HYUNDAI COMMANDER HYUNOAI PIONEER LALANOIA HYUNOAI CHALLENGER SIN HKG LBH OAK 25E 15/07 20/07 07/01 10/ OB 24E 21/07 27/07 14/01 17/01 10E 21/07 03/01 21/08 24/0* 25E
      749 words
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      Page 30 Advertisements Column 2
      553 30 tin JE CONTAINER LINE X TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST 15/7 ft 22/7 15/7 ft 22/7 tt/7 ft 20/7 14/7 4 17/7 14/7 I 17/7 17/7 ft 21/7 17/7 A 21/7 SRI LANKA/ INDIA COLOMBO BOMBAY MA Off AS l«/ 7
      553 words
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      Page 30 Advertisements Column 3
      311 30 c y Mitsui OS K. Lines. Ltd CONNECTING AT DOUBLE STACK TRAINS ETA EXPORTS TO PSW GEE I ■Ml 'J1 1./ V imrin u' imiii niriririnnraM imgirii rny.\i.:.i:.::. i a rr l d EJUEJLIEIEIEIU |[QD[] r f .■mnnnnnnnnni irrrara ru ,j .\i.:.iv.if3nn7TißE* ranifrjcjciijcjn IQUDO DCICILILIIIIJIJ imein rn'-'A.. i. jnnpi KJEJICJEJEJICJICJiFM
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