The Business Times, 1 August 1989

Microfilm: NL16694
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, AUGUST 1, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    254 1 Dow Jones down THE NEW YORK stock market was little changed yesterday, starting off a new week on s hesitant note. The Dow Jones average of 30 industrials slipped 3.22 to 2,632.02 in the first hour of trading. AP Footsie up LONDON share prices were higher at
    254 words
  • Article, Illustration
    Stocks hit new high in Tokyo
    210 1 TOKYO led the way for the region's stock markets aa the Nikkei Average climbed 246.24 points to a record 34,963.67. Late buying by new trust funds in Japan pushed prices higher scroes a wide front. Yesterday's performance topped the previous high of 34,785.28 yen
    210 words
  • Article
    Interest rate fears hit US dollar
    106 1 THE US dollar, haunted by the posaibillty of a further cut in US interest rates, closed lower on the Japanese foreign exchange yesterday. In Tokyo, the dollar buckled under heavy speculative selling to close at 138.40 Japanese yen and 1.8750 West German marks, down
    106 words
  • Article
    Lock icon Viet call to eradicate Khmer Rouge casts doubts on talks
    540 1 Reuter VIETNAM told the 19-nation Cambodia peace conference in Paris yesterday that Khmer Rouge guerillas must be punished for genocide and eradicated in the South-east Asian state, but Chinese Foreign Minister Qian Qichen emphasised the need to include all four
    Reuter  -  540 words
  • Article, Illustration
    'Biscuit king' on a $100m acquisition drive
    551 1  -  AIM TO BUILD LARGEST FOOD CONGLOMERATE IN REGION By LEE HAN SHIH WITH LITTLE FANFARE, a Singa-pore-based group of food-related companies has embarked on a $100-million acquisition drive in the region. Heading the group is J M Rajan Ptllai, the newly crowned "biscuit
    551 words
  • Article
    GTS Trading is buyer of 11.6m SLI shares
    520 1  -  By ROSIE TAN THE PURCHASE of a substantial •tali* in loss-making Sim Llm Investments by GTS Trading (S) Pte Ltd has been apparently been well received by the market Yesterday, SLI said the buyer of some 11.6 million 8U shares or a
    520 words
  • Article
    PM Lee leaves for Brunei
    100 1 THE PRIME MINISTER and Mrs Lee Kusn Yew will Issvs todsy for Brunei Darussalam at the invitation of Sultan Hassanal Bolkiah to attend the oom-ing-of-age ceremony of Ms sldest son, a Ministry of Foreign Affairs statement said yesterday. The ceremony which commemorates the circumcision of
    100 words
  • Article
    Inter-Pac, Mui and IGB plan strategic cross-holdings
    686 1  -  *y WILLIAM CHIA THREE of Malaysia's biggest Chinese-controlled conglomerat®# ara forging ties that could lead to the emergence of one of the region's most powerful bueiness slltsncee. The three compenies are IGB Corp, Malayan United Industries Bhd (MUI) snd Inter-Pacific Indue trial Group
    686 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      104 1 Nikon The World s Finest Photographic System. Full report, PAGE 16 Regional Mkts, PAGE 11 m; A"«T 1 i.nW VWhat makes Jack's Place one of Singapore's favourite Restaurants It's not only our ambience, the friendly service and the affordable prices. It's because we serve our famous mouth-watering, tender, juicy steaks
      104 words
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      Page 1 Advertisements Column 2
      203 1 MIOfM Comment 1> China economy 5 A bold and brave air accord Inflation widens wage disparity Australian footsie OoW In the thick of battle Taiwan's imports likely to soar Europe 1992 11 Soviet reform 9 Britain as role model New breed of executives emerges lieriw convention centre 2 •••••••••••••••••••••••••••••12 Suntec
      203 words
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      Page 1 Advertisements Column 3
      38 1 Nikon The World s Finest Photographic System I Cartier x LOUIS CARTIER TANK Cartier Boubcpe/ SINGAPORE #01 -36, Lucky Ptaza. 304 Orchard Road Tel: *****27 #01 -04, The Shopping Galery. Hilton International Singapore. 581, Orchard Road Tel: *****95
      38 words
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  • HOME NEWS
    • Article, Illustration
      Effects of post-industrial information revolution
      405 2  -  By ANNA TEO THE POST-INDUSTRIAL information revolution now swooping the world could produce at least two developments a transformed workplace and a widened NorthSouth gap, said British scientist end educationist Lord Dainton, 74, yesterday evening. The current Lee Kuan Yew Distinguished Visitor, who is the
      405 words
    • Article
      Aaron Klug to give two talks as LKY Visitor
      150 2 NOBEL PRIZE-WINNING scientist Sir Aaron Klug of Cambridge will give two talks this month on genee and brain diseases as a Lee Kuan Yew Distinguished Visitor. Sir Aaron, a chemist, will be the third Distinguished Visitor this year. He will be
      150 words
    • Article
      Hygiene course for food sellers?
      169 2 THE Environment Ministry it tightening up on food hygiene by reviewing related lew* end poeeibly by introducing treining coureee for food handiere. Senior Pertiementery Secretary Eugene Yep said yeeterdey that such training coureee on basic food and pereonei hygiene will be attended by all licensees
      169 words
    • Article
      Taxes on taxis to rise in long run
      626 2 TAXES ON TAXIS will rise in the long term so that they are comparable with thoee levied on private cars. This is becauae they are not efficient users of roeds. One in three taxis on the road is empty, plying for passengers.
      626 words
    • Article
      Corrections and clarifications
      77 2 BT reported yesterday that the government would not impose some sort of quota on car buying. The Ministry of Communications and Information haa pointed out the Minister (Dr Yeo Ning Hong) "in fact stated very clearly every now and then during the dialogue session (on Saturday), that
      77 words
    • Article
      Suntec issues pre-qualification notice for work on Marina convention centre
      384 2 ALL EYES ARE on the giant Slngepors Intemstionel Convention end Exhibition Centre project in Merine City. Its developer, Buntsc City Development ysetsrday issued a pre-quelificetion notice for eite clearing end piling work. The contrect Is estimated by induetry sources to
      384 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      220 2 SINGAPORE Exhibition Servicea Pte Ltd has promoted BENJAMIN NO and ANDREW MOW to its board of directors. Mr Ng haa held several senior management positions with the company since 1960. Mr Stow's new reeponsibility will cover the marketing of all shows in Indonesia, Bangkok. Maiayaia and Hongkong.
      220 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      467 2 Prompt pick-up and delivery 24 hours a day m SSl■**■■' £'j. > i x:^smm —™--.uL._*itL_^._J J asS^sSai COMPAQ DESKPRO 386s COMPAQ PORTABLE 886 f i\ Jl J* I 11 am vCSaSHBi B v__HH/ can COMPAQ DESKPRO 386/33 The Compaq 386 line of personal computers. Think of it as a buffet
      467 words
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  • TECHNOLOGY
    • Article, Illustration
      Macros: quick execution of commands
      796 3  -  I [p® By JEFFREY TSANG COMPUTERISATION implies automation, efficiency and convenience. And those who take this path to switch to an electronic work mate do it, more often than not for these exact reasons. Why is it then that few word processor users use automated,
      796 words
    • Article, Illustration
      Lock icon Call home in moving colours
      59 3 AP PHONING home may be a colourful and moving experience In future. While video phone systems now available only transmit black and white still pictures, this Panasonic system now under development, shown at an advance technology exhibit in Tokyo, transmits movement In colour. It Is
      AP  -  59 words
    • Article
      Lock icon Mitsubishi's new computer can read handwriting
      208 3 NYT MITSUBISHI Electric Corp has developed the world's first computer capable of reading all 26 characters of the alphabet in handwriting. The ability to recognise handwritten letters is a first step toward designing a computer that scientists hope someday will be able to read
      NYT  -  208 words
    • Article
      Lock icon Introduction of new IBM disk drive delayed
      106 3 NYT INTERNATIONAL Business Machines said that technical problems had forced it to delay the introduction of a disk drive designed for its most powerful mainframe computers. The delay is significant because while the computer maker has gained ground against its chief rivals this
      NYT  -  106 words
    • Article
      Compaq looks to northern Asia
      655 3  -  Company sees USs6oom business for PC makers By SHOEB KAGDA COMPAQ Computer Asia, srguesbly the fsstest growing computar firm in tha Pacific Rim, is poised to axpand Ha distributor network to covar tha northam Aaian markats of Taiwan, South Koraa. China and Hongkong. "Tha groaa
      655 words
    • Article
      Lock icon NEC to launch colour laptop
      396 3 NYT NEC CORP. Japan'a largeet manufacturer of personal computers, has announced that It will soon market the first laptop computer In Japan equipped with a colour display unit NEC will sail its colour laptop computer beginning Aug 18 ahead of other major Japaneee companiee. including
      NYT  -  396 words
    • Article
      Lock icon Hitachi, HP to develop high-speed chip
      227 3 NYT HITACHI LTD and HewlettPackard Co will Jointly develop a high-speed computer chip to ba used in work stations dua out by 1962, Hitachi eaid. The two companiee will develop the new microprooeeeor ueing RISC Reduced-instruc-tton-Set Computer technology developed for work stations, m wnicn
      NYT  -  227 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      41 3 Lighter Side Is told over CONGRATULATIONS On your first day of business KEPPEL SECURITIES PTE LTD With Best Wishes SUN HUNG KAI SECURITIES PTE. LTD. George Thia Vincent Lam Edward Mui James Ng Gan Cheng Leai John Toi Lee Hwee Dee
      41 words
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      Page 3 Advertisements Column 2
      53 3 .DICKSON MARKETING FTELTD I A Mfrntwr et n» GCKSOSi G«ne ct Ccmptnm 4000charff*omi. 024-07 Ochanl Toman. Sngtfxre 03Z3 Tat *****22 (8 Unas) 7k RS *****DTTOG Fax *****33 Singapore: Franant Vogue Grand Ornate Haieya Jeweiery tndustne* oI Singapore Juron o£^f*?f v 1 Sv>g«>ore Daiwu Sogo Tanga Tokyu Indoneaia: CJ Monaieur Boutique
      53 words
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  • FOREIGN NEWS
    • Article
      Lock icon Poland scraps price control on most items
      378 4 PUN FALLS SHORT OF A FREE MARKET SYSTEM Reuter POLAND has announced details of a controversial scheme allowing steep food price risee from today but the plan appears to fall short of the true free market it aims to encourage. The outgoing government
      Reuter  -  378 words
    • Article, Illustration
      Lock icon Andreotti urges Italians to help fight organised crime
      457 4 Reuter ITALIAN Prime Minister Qiulio Andreotti won a final vote of confidence for his five-party government on Sunday and appealed to Italians to fight the "murderous and corrupting" influence of organised crime. The Chamber of Deputies (lower house) voted 371 to 200
      Reuter  -  457 words
    • Article
      Lock icon Condor missile scam: nine Italians charged
      291 4 AFP NINE Italian technicians and six Italian firms have been indicted over a scheme that could have allowed Iraq and Argentina to fire missiles at Israel and the Falkland# respectively. Sources on Sunday said that the nine, all former employees of 'Fiat's aeroapatial unit
      AFP  -  291 words
    • Article
      Lock icon Yugoslav premier accuses opponents of plotting to topple govt
      380 4 Reuter YUGOSLAV Prime Minister Ante Markovic has accused opponents of plotting to topple his government end of blocking his efforts to bring in needed economic reforms. Mr Markovic did not name the plotters on Sunday when he addressed s plenum of
      Reuter  -  380 words
    • Article
      Lock icon European flight delays prove less serious than feared
      251 4 AFP FLIGHT delays at European airports on the buaiaat holiday weekend of the year becauae of a strike by technicians at French air control centrea proved to be less serious than predicted, although flights from Brttieh and Spanish airports were delayed by
      AFP  -  251 words
    • Article
      Lock icon I could have snored all night...
      202 4 AFP AN OPEN-AIR competition in the amall Catalonian town of Berga, to aea who could improviae the beat outdoor bedroom, aleep the longest and snore tha loudeet, was violently disrupted on Saturday night when competitors started a pillow fight About 50 people sporting pyjamas,
      AFP  -  202 words
    • Article, Illustration
      Lock icon Pinochet's armed forces 'will respect reforms'
      467 4 AFP PRESIOENT Augusto Pinochet said the armed forcee would respect the results of a referendum which amended Chile's 1900 mil-itary-promulgated constitution. "Today, we solemnly promise before God and the fatherland to respect and to make others respect the political constitution of the republic which
      AFP  -  467 words
    • Article
      Lock icon Mozambique's ruling party drops Marxism
      344 4 Reuter MOZAMBIQUE'S ruling Fre--11 m o party has ditched Marxism, declared support for a mixed sconomy and becked moves to and a 10year ratal insurgency through negotiation. The new programme and statute*, approved by Frelimo's party congress on Sunday after a marathon all-night seesion, marked
      Reuter  -  344 words
    • Article
      Lock icon World glut in prawns: report
      121 4 AFP A WORLD glut in prawns la threatening the future Of Aalan exporters and naw markets must be developed to ahore up pricee. The Business Star of Manila yaaterday quoted a study made for the World Bank aa aaying that producer* now faca a glut
      AFP  -  121 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      985 4 ARRIVALS Operator Sinta l/w^l From number ttnw MAS MH630 0920 KUL ACA acsm S0103 0925 YYZ/LON/8QM su 0950 KUL CM. 0806 1000 CGK CPA 0(710 1000 CGK tAW BA011 1020 LM8/AUM KUL MAS MH33A 1020 GU GA893 1045 AMS/VE/AUH G4A GA960 1100 CGK SU SQI05 1105 KUL
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    • Article
      Lock icon China breaks out of diplomatic isolation in Paris
      330 5 AP CHINA, diplomatically isolated after last month's crackdown oh pro-democracy demonstrators in Beijing, has ventured back into the international community through a Paris conference on Cambodia. Chinese Foreign Minister Qian Qichen met French Foreign Minister Roland Dumas and British Foreign Secretary John
      AP  -  330 words
    • Article
      Lock icon Moscow, Beijing agree to hold talks on border troops in November
      138 5 AP THE SOVIET UNION and China have agreed to hold talks in November on reducing troops slong the Si no-Soviet border, according to the official Soviet news agency Teas. In a dispatch from Paris monitored In New York, Tass
      AP  -  138 words
    • Article
      Lock icon Japan's foreign residents hit record high
      107 5 AFP THE NUMBER of registered foreign residents in Japan hit a record high of 941,005 at the end of 1968 with Asians accounting for nearly 92 per cent of the total. The Japanese Justice Ministry's Immigration Bureau said on Sunday the figure represented an
      AFP  -  107 words
    • Article
      Lock icon Thach accepts 'visit Japan' invitation
      256 5 AFP VIETNAMESE Foreign Minister Nguyen Co Thach accepted an invitation to visit Japan during talks in Paria on Sunday with hia Japanese counterpart Hiroshi Mitsuzuka, a Japaneae official said. No date was set, but the two sidee agreed to discuss the timing through diplomatic channels.
      AFP  -  256 words
    • Article
      Seoul's current account surplus could fall by 50pc
      438 5  -  By DAVID CHEW IF SOUTH KOREA'S exports continue to grow at a slower pace than its imports, its current account surplus for 1989 could be reduced by SO per cent or more over that of last year, says the Hongkong-based Political Economic
      438 words
    • Article
      Lock icon King Hussein orders Jordanian general elections
      264 5 AFP KING HUSSEIN of Jordan said on Sunday he had signed a decree to order general elections, the first in 22 years. Announcing the elections on Jordanian television, the Jordanian monarch did not give a date for the polls, but an authoritative source said
      AFP  -  264 words
    • Article
      Lock icon Inflation widens China's wage disparity
      422 5 Reuter CHINA'S high inflation has cauaad a drop in real incomes for millions of people and contributed to wider wage disparities across the country, official figures revealed yesterday. The People s Daily published figures from the State Statistical Bureau showing that the average monthly urban
      Reuter  -  422 words
    • Article
      Lock icon Chinese student expelled for leading campus protest
      351 5 AFP BEIJING UNIVERSITY hss expelled a student and withheld his degree diploma because he led some 300 others in a late-night campus protest eight days sgo, university suthoritiee said. Xiong Dayong, 22, a fourthyear atudent of Chineee, waa expelled for "inciting other students
      AFP  -  351 words
    • Article
      Lock icon S Korea allows Chinese major and wife choice of country
      155 5 AFP THE South Korean government said yesterday that it would allow a Chinese army major and his wife who defected to South Korea through the truce village of Panmunjom to settle in a country of their choice. Foreign Ministry spokesman
      AFP  -  155 words
    • Article
      Lock icon China uncovers record number of smuggling attempts
      241 5 AFP CHINESE police and custom* have foiled a record number of smuggling attempts and seized an unprecedented quantity of contraband since the beginning of the year, the China Daily said yesterday. Investigators uncovered 5,836 smuggling attempts and confiscated goods worth 224 million yuan
      AFP  -  241 words
    • Article
      Lock icon Maotai distillery faces financial difficulties
      131 5 AFP THE DISTILLERY of the powerful Chineee Hquor mtotai faces the poesibJltty of doelng down due to financial difficulties and material shortapss, a pro-Beijing newspaper in Hongkong reportsd. Wen Wei Po said yesterday the Guizhou Maotai Distillery had ceased producing the liquor for 36 days
      AFP  -  131 words
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      Page 4 Advertisements Column 1
      31 4 Pfp«ctlw, PAGE 11 O Samsonite'y Our Strengths are Legendary 9 Department stores, luggage shops. Sogo Daman; Samsonte Comers Samsomte Travel and Service Centre. #04 37/38. Shaw Centre Tel 734 8663/733 0037
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      Page 4 Advertisements Column 2
      21 4 TW biiiiirii pcrmi dmec rmj Tmtt+y, Mvn mm Cti jmrnr Tn*d m Aif Ctmdi m 7M555. A BREATH OF FRESH AIR
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      71 4 Global tomporaturo* on July 30 OUTLOOK: Ihovtri MVCfll irtM In Bangkok torbodoi 20/14 ftoin 31/21 Ont 14/04 ONT 41/31 Om 35/26 Cteor una* 32/23 Clear 31/24 Cteor 28/16 Cteor 24/14 Ctewdy ••port far 24 hawn prior *o 7.30pm an My 31 at luonoi Aire* Cairo Calgory Corocai Chicago Copltogon Dublin
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      102 5 ww* A ;M< JLW Investments I CLOSING DATE: Bth AUGUST 1989 at 3 pm A modern 9 storey mixed retail and office building, featuring an attractive 5 storey high atrium and indoor landscaped garden. Almost 75% of the total strata area for sale comprising 10,021 sf of retail and showroom
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      Page 5 Advertisements Column 2
      77 5 BANQUE INTERNATIONALE A LUXEMBOURG S.A. is pleased to announce the opening of its Singapore branch effective from 1 August 1989 The new branch will complement the services currently provided by its merchant bank, Banque Internationale A Luxembourg BIL (Asia) Ltd BANQUE INTERNATIONALE A LUXEMBOURG S.A. Branch: Banque Internationale A Luxembo
      77 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      43 5 Doonesbury BY GARRY TRUDEAU SIR. IS ThlS SOME KIND OF SICK JOKE? BECAUSE IF IT IS, YOLTRE BREAKING Mi HEART, j IH m a AND YOuRE TALK 10 ME, BREAKING SIR.UtVB MINE. YOU 60TTDH6HT GONNA BAT FORTHIS YOUR STEAK? MARRIAGE! I If (J
      43 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1500 6 SINGAPORE: SENTIMENT remains bearish for the dollar* on growing expectation that US interest rtes will be cut further H July employment figures coming out this Friday confirm so economic slowdown In the US. The US currency came under active speculative selling. It dropped to 137.80 yen, 1.8003 D-mark
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    • Article, Illustration
      World interest rates
      200 6 Mm prime londtaQ*rales of 12 ma|or tanks In S'pere Interbank market r ■tat (offer/bid) on July 31 us* DM SWFC Y«n 4oy. 7/9 3/4 13 3/4— 13 3/a 4 13/14 13/14 7 3/14 3/14 3 1/4 3 1/a Mh 11/14 vu 13 7/8 13 3/4 4 13/14
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    • Article
      Money markets
      59 6 THE overnight rate on the Singapore money market cloeed 14 point lower at 514 per cent yesterday. Term rates fell 1/16 point acroes the board. S$ Interbank rat** at th« doM yastardoyi omt m> Oxf- >*¥- 5 1/1 s 1-aMrth S 3/1* 3 1/1* 2-awMk S 3/1* 3
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    • Article
      IMM
      245 6 IMM CURRENCY FUTURES ended the day mostly lower but climbed back near session highs by the cloee Isst Fridsy. Trsders expected prlcee to remain under moderate pressure ss the dollsr continued to attract demand despite the lower stance of US intereet rates. Most contract values were still unable to
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    • Article
      Asian dollar market
      208 6 ASIAN dollar deposit ratea finished slightly easisr yesterday after a day of light trading. A lower US Federal funds rsts and a rise in US bond prices caused ratea to weaken, dealers said. Monday/Tuesday, Tuesday/Wednesday and weekfixed cloeed at a common 8-15/16 6-13/16 per cent all down
      208 words
    • Article
      Government Securities Market
      115 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OHW HttH LOW 3 iwtmrtu RQ*****V 26.10.89 4.03 3.98 6 mmfm KS*****V 18.01.90 4.14 4.09 4.09 4.07 1 y«of BY*****F 24.05.90 4.21 4.16 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code ra te(%)
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    • Article
      Quotation of Singapore Government Stocks as at Jul 31, 1989
      373 6 Numbac Intluaiwa GfABl Coupon Amount of days of ■■iliHI •niooie pnot Maturity Y Mr i TnMXil i rata (*m) accrued (excluding raised pa) yietd Interest aoorued ■■fl Interest) (*p>) 15.10.86/89 Loan 2 1971 5 3/4* 54.67 15/4 15/10 107 100.60*
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    • Article
      Options
      1262 6 CURRENCY FUTURES OPTIONS Moi itday, July 31, 1989 okut •CMCMAMC (M MgK MEX) ««k Lmt •MM** gaa S3 33 S3 93 94 100 JtfAl Mi YIN (MM •m Mgl >mmrn Lot 1 1 i i 7S 334 CURRENCY FUTURES OPTIONS IMM i I mm in pound tat, •St; on
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      42 6 POWER THEM WITH i Iwl i *5 Sole agent SCHMIDT SCIENTIFIC (PTE) LTD 4«oAJewndra Road #19-01 PSABuHding Singapore 0511 W: 272 7233 Fax: 273 4750 Distributors GEES TRADING COMPANY TEL *****53/*****69 MOSTAR TRADING COMPANY TEL *****94/*****03 POON SOON TRADING COMPANY TEL *****85/*****97
      42 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Up to 50 CBT, CME traders lace indictments this week
      357 7 Reuter DOZENS OF TRADERS face the first round of indictments this week in the US federal undercover investigation of the nation's two largest futures exchanges, the Chicago Sun-Times s^id. Federal proeecutors met traders' defence attorneys last Friday and Saturday, outlining
      Reuter  -  357 words
    • Article
      Lock icon Central bank president praises Bank of China for calm during crisis
      267 7 Reuter THE PRESIDENT of China's central bank praised the Bank of China for satisfying its customers and not closing during a period of intense sxternal pressure. Following military suppression of student-led protest in Beijing on June 4, thousands of
      Reuter  -  267 words
    • Article
      Lock icon Simex
      521 7 BA Futures SEPTEMBER Eurodollar futures yesterday opened 10 ticks higher than laat Friday s Simex close at 91.78 on weaker-than-expected 0.3 per cent rise in June US personal income which confirmed the market's assertion that the economy is slowing and that the Fed's easing of credit policy is imminent.
      BA Futures  -  521 words
    • Article
      OCBC orders Tandem computers for integrated database system
      352 7  -  By DEXTER LEE OCBC BANK has appointed Tandem Computers International to supply computer equipment for a fully-integrated database system. Yesterday. OCBC Bank signed its first order with Tandem for six so-called VLS processors and related equipment worth a total of $5 million.
      352 words
    • Article
      BofA to appoint new country GM for S'pore
      355 7  -  By QUAK HIANG WHAI A CHANGE of top man is scheduled to take place at the Singapore branch of Bank of America on Sep 1, with Mr Richard Wortiey replacing Mr Orlando J Loera as its country general manager. Mr Wortiey is
      355 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      211 7 •m —T u «,»fvw Jk ->% Ml w v** 4 fW T jr f Mjf a f f < i t f f i I a.® t V r A f f 1 f I f f •Vi Mi ►> >y-f v:;; t" v n MftpftS < '■< i" V-
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  • COMMODITIES
    • Article
      Lock icon Taiwan's gold imports likely to soar with removal of tariffs
      494 8 Reuter already the world's number one importer of gold, is to drop tariffs on the metal in a move which could sharply boost "bullion imports for the rest of the year. The current 0.6 per cent tariff en gold imports
      Reuter  -  494 words
    • Article, Illustration
      Lock icon Bush plan likely to speed up capital spending in steel industry
      615 8 NYT THE Bush administration's plan to extend import quotas for steel for two and a half years will create new pressures on the American steel industry, forcing companies to make capital improvements in less time than they had planned,
      NYT  -  615 words
    • Article
      Inco turns in record interim profit of US$472m
      385 8 INCO LIMITED, the largest nickel producer in the world, has chalked up its best first-half results despite weaker base metal pricee in the second quarter of this year. The Toronto-based company earned an after-tax profit of US$472 million (***** million) on a
      385 words
    • Article
      Lock icon Brazil blames the US for breakdown of coffee accord
      397 8 Reuter BRAZIL'S Foreign Minister. Roberto de Abrsu Sod re, has blamed the US and some unnamed producers for the breakdown early this month of an internationsl sccord to support coffos prices. "The manoeuvre of the United States snd other countries which
      Reuter  -  397 words
    • Article
      Rubber
      262 8 BMQAPORE: Rubber pricee closed easier yesterday with August 1 RSS buyer quoted at 170.25 cents s kg, down 1.25 cents from lest Friday's doee. Deslers said prices eesed slightly in the afternoon. extending the morning's losses on a lack of interest Trading was quiet and featureless as players hesitatsd
      262 words
    • Article
      RAS and MRELB
      287 8 RAS price: S late «M» PO In Mm 1 NOON CLOSi Int 1 RSS Prompt M/vrv 177 J0 17SJ0N pwyw* 177 JO 178J0N la 1 «SS Aug 176.25 177.25 176J5 177J5N Ml ISSStp ***** 178J0 177 JO 178 JON Int 2 tSS Of 17 5 XX) 177.00N
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    • Article
      SSR and SMR
      82 8 «e— AUGUST 1989 serTiMtet i9«9 M month) ird morth) N OON N OON RAS byM SaAan S*n SSI 20 ***** 15 J, OON 131J0 153J0N SSI so ***** 1J100N 14*JO 151 JON MRELB >wyr» Uhn lvy«i Salan SMC CV 227JO 22*JON 22* JO 231 JON SMI I
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    • Article
      Lock icon Crude Oil and Products
      159 8 Telerate FUEL OIL PRICES were steady yesterday despite continued pressure from the bearish crude oil market. Offers for Aug CST--180 cargoes held out at US$96 tonne fob Sing, unchanged from last Friday's level. Buyers, in anticipa- tion of further price weakening, were sidelined and were reluctant
      Telerate  -  159 words
    • Article
      KL Tin
      160 8 IMQHBW OPFEIMNQ du> la yW log pwhtd Mm Kuala Lumpur Tin Marl kat (KLTM) prtca dawn 85 canto ta M32S.OS a kg at tha claaa yaterday, brakara said. Tha taN waa alaa la Hna wtei teat Friday's Landan Matel Fichanga (LME) waaknass. Offars vara 139 lonnas aoalnal bids
      160 words
    • Article
      Palm Oil
      364 8 MALAYSIAN crude palm o« futures closed eaaier in sluggish trsding on ths Kuala Lumpur Commodity Exchanga ysstsrday. Dealers sakJ the market openad low and moved up on short covering but failed to keep up the momentum amid a lot of uncertainty. The markst lackad fresh leads and was
      364 words
    • Article
      Precious Metals
      407 8 HONQKONQ: Gold closed marginally firmer in moderate two-way trading yesterday, dealers said. Short-covering by Japanese investors and local physical demand gave support to bullion at the US$367 level and traders expected builieh sentiment owing to the easier tone of the US Dollar. A narrow trading range between US$367
      407 words
    • Article
      Produce Prices
      188 8 Chinese Produce Exchange SeMeo' noon dodng pt tCM ON My 31 (SS/100 kg) Coconut oil M FOt 99M Otd drum K* 109.00 Nw dImb FOi 113.00 Copra Mlx«d (loow) 56.00 Pepper FOt NLW 487JO ntuwur wnnv FOt faq NLW Sorowafc «p«d<H 477JO biock FOt NLW Sarawak Ado 350.00
      188 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      71 8 AVANT-GARDE Training Associates 111 Nortn Bridge Road #07-28 Peninsula Plaza Singapore 0617. Tel: 338 7033/338 7034 Presents IMPROVING INTERPERSONAL COMMUNICATION MANAGEMENT August 24 25, 1989 Carlton Hotel COURSE OBJECTIVES At the end of the Seminar, you will be better able to: Overcome Barriers to Communication Use Motivation as a Management
      71 words
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      Page 8 Advertisements Column 2
      7 8 Keep your investment decisions on target I
      7 words
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  • FOCUS
    • Article
      Glasnost throws up new breed of freelance executives
      1203 9 HE IS 31; he drives a pricey imported car; his tastes in clothing run to European-cut suits and yellow power ties; and his notion of a fringe benefit is paying tennis-court feee for his staff. Alefcsandr I Rubtsov is the Soviet equivalent
      1,203 words
    • Article, Illustration
      Group unites workers, intellectuals to press for decentralisation
      855 9 IMPATIENT SOVIET legislators have launched an independent parliamentary faction to combat what their leaders called the Communist Party aristocracy and the Gorbachev status quo. The group, launched last Saturday and the first independent bloc in a Soviet legislature since 1918, hopes to
      855 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      284 9 GOOD IDEAS KEEP COMING UP Voted "Best Buy" 2 years in a row. mm® SF-7750 What to Buy for Business Hanson's Guidelines Gold Medal Award 1988 Only a very good copier can be so honoured by the prestigious US business publication. What to Buy for Business. To win 2 years
      284 words
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  • PERSPECTIVE
    • Article
      A bold and brave air accord
      474 10 SINGAPORE'S recently concluded air services agreement with the UK lee bold, brave, end timely agreement but, in retrospect, a deal that may have struck some observers as more of a curious conceeeion. The most important provision in the agreement granted Britiah airlinee hubbing rights
      474 words
    • Article, Illustration
      Aussie hotels in price-cutting war
      1407 10  -  OCCUPANCY RATES PLUMMETING Investors have been paying top money for Australian hotels. But if they are looking for a fat return, they may be in for a long wait. FLORENCE CHONG, BT's correspondent in Sydney, reports. FLORENCE CHONG, HOTEL CHAINS that rushed into Australia in
      1,407 words
    • Article
      Lock icon Obscene face of poverty still with the masses
      503 10 MANILA AFP CONDOMINIUMS and shopping malls are sprouting up all over Manila, but the obecene face of poverty ia equally übiquitous. Hordes of Filipinos have been left behind by the urban boom of the past three years. The Philippines has been hailed
      AFP  -  503 words
    • REGIONAL VIEWPOINTS
      • Article
        JAPAN
        290 10 Time for transition? "THE LIBERAL Democratic Party (LOP) is known to be afflicted with many self-made problems. Perhaps the most crucial of the lot is the leadership problem. When Mr Noboru Takeshita decided to resign last April to take responsibility for the so-called Recruit scandal, the ruling party found
        290 words
      • Article
        INDONESIA
        371 10 Challenges for the army "IT IS indeed a much more challenging task for the Indoneaian Armed Forcee (ABRI) in order to avoid the outbreak of a severe national crista causing the breakdown of the country's security and political stability, marked by the eruption of chaotic upheavals to deal with
        371 words
      • Article
        HONGKONG
        512 10 Howe must keep role "THE DEPARTURE of Sir Geoffrey Howe from the Foreign Office, which he has led for six years, should not mesn that his responsibility for Hongkong is over. Rather, his new portfolio in the largely decorative office of Deputy Prime Minister should embrace issues affecting the
        512 words
    • Article
      Lock icon Interest in a free market growing intensely
      813 11 LATIN AMERICA NYT IN LATIN AMERICA, where governments of the right, left and centre have long intervened in the economy, an intense new interest in the idea of the free market la growing. In Brazil, Fernando Col lor de Mello, a presidential candidate
      NYT  -  813 words
    • Article, Illustration
      Lock icon Thatcher's Britain: the role model for Europe 1992
      1049 11  -  THE SINGLE MARKET By LORD YOUNG NYT THE AIM of Europe 1902 is to create a single large market in which Incroeeod competition will drive down pricee and offer more choice to consumers. We call this the single market I would like
      NYT  -  1,049 words
    • Article, Illustration
      Lock icon More backing, but no bail-out
      776 11 POLAND and HUNGARY Reuter WESTERN industrial nations will this wssk step up their backing for sweeping political and economic reform in communist Poland and Hungary, but they are in no mood to bail out the sinking economies of either state. A huge coordination effort, Isunched
      Reuter  -  776 words
    • Article
      Lock icon Cutting back dependency on Turkey
      396 11 NORTH CYPRUS Reuter BREAKAWAY North Cyprus is reducing dependence on Turkey for total budget needs by boosting local revenues. Acting State Planning Organisation (SPO) Undersecretary Ayfer Erkmen said the state was meeting about 75 per cent of expenditure from local revenue. This compares with only
      Reuter  -  396 words
  • Page 10 Advertisements
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      72 10 THERE'S ONLY ONE BILLION There's only one magazine in the world about doing and winning business in Asia-Pacific. Written for those of you who would rather reap the profits from the region's staggering growth than let the competition. There's only one BILLION. Available in limited numbers on the newsstand now.
      72 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      109 11 FOR BITS AND BYTE£ J Geared to keep the busy business J executive abreast of new technologies he can exploit to full advantage, the I TECHNOLOGY page provides news, I J reviews and features in the areas of V information technology, biotechnology, electronics and just about everything high-tech. Although its
      109 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon That wascal wabbit wevs up for the big 50
      933 12 ENTERTAINMENT NYT HIS REGRETS? None, save for the carrots of yesteryear. His health? Superb ("supoib" was what he actually said). His attitude towards that harebrained upetart, Roger Rabbit? Paternal ("patoinal". as he put it). In fact, for a show-business legend preparing
      NYT  -  933 words
    • Article, Illustration
      Lock icon How to put together that perfect dance tape
      1185 13  -  MUSIC By JON PARELES NYT SOONER OR LATER, a rock critic has to put up or shut up. For mo, that time is pro-party time, when the hoot, with a nod towards my ever-vaater record collection, aaka ma to make a dance
      NYT  -  1,185 words
    • Article
      Lock icon Jobs in book publishing still have allure, despite low pay
      640 13 CAREERS NYT AFTER GRADUATING from Brown University in 1986, John Karp worked on newspapers in Providence, Rhode Island, Washington and Miami. Five months ago, he took a job as an editorial assistant at Random House Inc for thousands of dollars
      NYT  -  640 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      962 12 Whereto entertain... Wfjeretventerfain... Where tv entertain... Wbet? Tv 1 BAR The best live jazz in town Hours: 5.00 pm 2.00 am Level 3, The Westin Plaza Happy Hours Mon-Fri: 5.00 pm 8.00 pm The Westin Plaza ■UWesCky 2 Stamford Road. Singapore 0617. WfeSTIN HOTELS RESORTS S 1 V An exquisite
      962 words
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      Page 12 Advertisements Column 2
      109 12 Join us as we come to the climax of the competition for Singapore's richest annual fashion and glamour event. Tickets for the Grand Finals at $90 nett are available at the Mandarin Reservations Counter, i I Fit for an Emperor v «If Price* are subject to 10* terwice ckmje 3%
      109 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      199 13 entertain.... A The Businessman's Lunch Is In TOme Park. The businessman s lunch at Hubert us Grill offers you the opportunity to dine in the relaxing ambience of a hunter 's lodge and to enjoy a sumptuous spread of appetizers, soups, salads, fruit and desserts. Plus, there is a selection
      199 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      670 13 CRYPTIC PUZZLE ACROSS 3 Delay dad getting employment (5) 8 If not good-hearted, she'd be mean (5) 10 It's some way for a little boy in the country (5) 11 Briefly informal boss (3) 12 Figures to reform some sinners (5) 13 It's good for what ails you (7) IS
      670 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1286 13 TV and RADIO Teenaged rocker m •A 1 IP f OUR CHOICE BLAME IT ON THE NIGHT, 10.30pm, SBC 5 A rock and roll singer suddenly finds himself a father in every sense of the word when he is forced to take custody of his 13-year-old son. WHh his mother
      1,286 words
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  • SPORTS
    • Article, Illustration
      Strong field for S'pore Open
      485 14  -  GOLF By A SURENDREN FROM THURSDAY, 53 golfers will be attempting to get past the cat into the final two rounds of the Singapore Open Amateur Golf Championahip to be held soon after dawn for four days at the Jurong Country Club. I These golfers
      485 words
    • Article
      Lock icon Thompson wins at last
      190 14 AP LEONARD THOMPSON ended a ISKyear victory drought on Sunday when Payne Stewart bog«yed the 18th hole, giving Thompson a one-stroke victory in| the Buick Open. i* Thompson, 42, whose only previous wins in 19 years on the POA Tour came at the 1974 Jackie Gleason
      AP  -  190 words
    • Article
      Lock icon Olazabal's record in Dutch Open
      207 14 AFP SPAIN'S Jose-Maria Olazabal set a record in the Dutch Open on Sunday when he took nine extra holes to defeat Irishman Ronan Rafferty in an inappropriately named sudden-death play-off for the £46,000 first prize. The 23-year-old Spaniard and the Irishman had tied with England's
      AFP  -  207 words
    • Article
      Lock icon Japan scores first victory in Admiral Cup's world race
      354 14 YACHTING AFP. Reuter THE JAPANESE BOAT, Will, won the 200-mile Channel race on Sunday to record the country's first victory in an Admiral's Cup world yachting race stage. But Britain stormed into the overall lead after two racee, with their boats
      AFP.; Reuter  -  354 words
    • Article, Illustration
      Lock icon Agassi, Chang top draws at Volvo International
      298 14 TENNIS AP DEFENDING CHAMPION Andre Agassi. No 6 in the world, and Franch Opan winnar Michaal Chang, No 7, ara the biggaat attractions in tha field of 64 entered in tha Volvo International tennis tournament, which opened in Vermont yeeterday. Organisers had a
      AP  -  298 words
    • Article
      Lock icon Maleeva captures Volvo Ladies title
      241 14 AP TOP-SEEDED Katerina Maleeva of Bulgaria trounced qualifier Sabine Hack of Weet Germany 6-1, 6-3 on Sunday to win the singles title in the U5575,000 Volvo Ladies international tennis tournament in Basted, Sweden. Maleeva, who's ranked 15th in the world, earned US$l2,OOO tor her first
      AP  -  241 words
    • Article, Illustration
      Lock icon Chavez knocks out Vice
      386 14 BOXING NYT JULIO CESAR CHAVEZ of Mexico earned his 64th consecutive victory on Sunday with a seemingly nonchalant technical knockout of Kenneth Vice in Atlantic City. The end came for Vice at 1:57 of the third round of the scheduled 10-round non-title superlightweight bout. Chavez is
      NYT  -  386 words
    • Article
      Lock icon Triumph turns to tragedy for Senna
      326 14 MOTOR-RACING AFP AYRTON SENNA'S return to winning form at the German Grand Prix in Hockenheim on Sunday ended in heartbreak after he learnt that one of his best friends had died in Brazil. The world champion, rumoured to be so homesick that he is
      AFP  -  326 words
    • Article
      Lock icon Leonard-Duran fight on Dec 7?
      94 14 AP BOXING PROMOTER Bob Arum expects the Sugar Ray LeonardRoberto Duran fight to be staged in Las Vegas on Dec 7, but the final decision was to be made yesterday by Leonard's attorney and adviser. Arum said over the weekend that he was 99 per
      AP  -  94 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      148 14 ,t--■MI '3! v..' While you run on lightning. Awe-inspiring performances on and off the courts or the tiacks. I'lav itvlpur \ov\. I he New balance 1500 Series, lor Kunning, Basketball and lennis. < 0 \nU°^ lK,nr czlKs s i L Vv r\ 1 XT 1M Running WIf®. Basketball $235 See
      148 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Sembawang unit's order book rises to $90m
      473 15  -  By KEVIN GWEE SEMBAWANG CONSTRUCTION Pte Ltd (SCPL), a wholly-owned subsidiary of Sembawang Shipyard Ltd, has brought its order book to $80 million with a $21 million contract for the development of a 15-hectare oil terminal complex in Pulau Seraya, off Jurong pier.
      473 words
    • Article
      Prima lists factors for drop in operating profits
      404 15  -  By HERMAN PHUA INCREASED wheat costs, competition from imports, lower investment income and higher interest charges on borrowings have taken a minor toll on Prima Ltd's pre-tax profits despite a 21 per cent expansion in turnover. But, thanlcs to a lower tax
      404 words
    • Article
      Lock icon KLSE submits facts for proposed split with SES
      196 15 NST THE Kuala Lumpur Stock Exchange (KLSE) has submitted the facts in the case of its proposed split with the Stock Exchange of Singapore (SES) to the Malaysian Finance Ministry. KLSE general manager Mohamad Sal I eh Abdul Majid said it did
      NST  -  196 words
    • Article
      DIVIDENDS ANNOUNCED
      511 15 Current b Book* OH* Total tor Total lor poymont dota dot* poyototo yoar tool yoar Alox Hidgs 4%M Aug 29 SopB Sop 26 4% 4% Avlmo I0%TE(U Oct 16 Oct 26 Nov IS I0%TE 25%TE ft Sombawong 15% tail Jul 21 Aug 2 Aug 14 35% tail 20%
      511 words
    • Article
      Improved results for Straits Steamship Land
      403 15 STRAITS STEAMSHIP Land (SSL) haa poeted a group profit after tax and minoritiee but before extraordinariea of <8.74 million for the eix montha ended June 30, 1980, on a total turnover of $133.63 million. Thia worka out to an earninga per ahare of 2.8
      403 words
    • Article, Illustration
      L&M Group restructures Malaysian operations
      586 15  -  By ANDREA BORCH L&M GROUP Investments Ltd has restructured its loee-incur-rlng operations in Mslsysis to run them more efficiently end to take part in that country's improved economy. Construction-baaed L&M has I created a group of 10 companies I in Malaysia that will be wholly-
      586 words
    • Article, Illustration
      Keppel Securities opens for business
      233 15 BACKED BY a staff of 40. the local stock market's newest entrant Keppel Securities starts operations today from its office in Natwest Centre in McCallum Street The stockbroking arm of Keppel Corporation will be managed by two independent executive directors. Messrs David Chan and John
      233 words
    • Article, Illustration
      Lock icon MBf Holdings expects to be in the black this year
      527 15 Bernama MBf HOLDINGS Bhd is confident it will return to profitability in 1989 given the continued adherence to the policies and measures adopted in the last financial year, coupled with the country's favourable economic upturn. Chairman Tunku Abdullah Ibni Almarhum
      Bernama  -  527 words
    • Article
      Lock icon MBA in joint venture talks with two foreign firms
      275 15 NST MALAYSIA BRITISH Assurance Bhd (MBA) is discussing Jointventure possibilitiss with two international life insurance companies after its first attempt to tie up with a European-based lite insurer failed late lest year. Chairman Dstuk Abdul Lattff Hussein said it was important
      NST  -  275 words
    • SES
      • Article, Illustration
        Market overcomes lethargy to climb to new post-Crash high
        1004 16  -  By JOSEPHINE CHAN SHAKING OFF its lethargy after three sessions of falling prices, the local stock market scored an index record yesterday. Spurred by firmer Tokyo and Hongkong bourses, the Straits Times Industrials Index advanced 2.15 points to a postCrash record
        1,004 words
      • Article
        Unit trusts
        326 16 Managers' prices Royal Trust Sec Asia for Aug 1 IT S'pore Gr fund 0.875 0.91 ITT Aiia-Poc Gr Fund 1 12 1.17 Singapore Unit Trust The Commerce 1 18 125 OCBC-SIMBL Investment The Savings Fund 1.05 l.ll Savers Capital fund 106 112 S'pore Prog Fund 0.47 051 Savers
        326 words
      • Article
        COMPANY MEETINGS
        54 16 SOUTH MALAYSIA MOUSTRKS BERHAO: 18th AQM at Dewan Johor, Mezzanine Floor. Holiday Inn. Jalan Oato Sulaiman. Century Garden. Johor Bahru, Johor. tomorrow at 11am. SINGAPORE AIRLINES LTD: 17th AGM at the Bencoolen Room, 4th Level. The Weatin Stamford Weatin Plaza. 2 Stamford Road, Singapore 0617. on Aug 5.
        54 words
    • Article
      SES SHARE INFORMATION
      6109 16 Qr*a Qfa 1tM To! Last Vol Day Laat Oa nl* Dhr Dhr rid Not M Cap High Low Code Company JUL SI +orcm High LOW 1 hiyerS odor <Tw P/E tmfl DEBENTURES, 1 IONOS, LOANS 284 124 t 1543 CK Tang Wt 1990 241 1 13 243
      6,109 words
    • KLSE
      • Article, Illustration
        KL turnover hits year's high
        2087 17 INVESTORS swarmed the Kuala Lumpur stock market from the opening bell yesterday, enabling share prices to finish generally higher in exceptionally brisk trading in spite of late profit-taking. Volume hit its highest level this year at 65.615 million units. Dealers said the hectic buying in
        2,087 words
    • REGIONAL MARKETS
      • Article
        Lock icon Winner of cable TV franchise known today
        533 18 BIDDER EXPECTED TO INVEST AT LEAST HKssb Reuter T£E WINNING BIDDER for HongSng's cable television franchise, Ae to be announced today, is expected to pay royalties and invest 9! least HKSS billion over its first Sren to 10 years, government offiIs said yesterday.
        Reuter  -  533 words
      • Article
        Lock icon Many in China still hold back from reopening
        246 18 AFP MbfiE THAN a third of the 1,768 offices representing foreign businesses in Beijing have resumed normal fu rationing but many operations remain on hold. The China Daily said on Saturday that about 300 of the 870 offices under contract with China's
        AFP  -  246 words
      • Article
        Lock icon Jakarta looks into rules on foreigners' share investment
        316 18 Bernama-Antara THE INDONESIAN government is studying various provisions to govern ths purchase of shares by foreign investors in the domestic capital market Minister of Finance Professor J B Su martin told the audience at the installation of second echelon officisis of his
        Bernama-Antara  -  316 words
      • Article
        Lock icon Bechtel wins Japan job
        107 18 Reuter BECHTEL GROUP Inc, a San Francisco-baaed builder, has won a 30 billion yon contract to build two geothsrmal plants on the southern main Japanese island of Kyushu from Fujita Corp. a Japanese construction company. A Fujita spokesman in Tokyo said yesterday that the agreement will
        Reuter  -  107 words
      • Article, Illustration
        Lock icon Broadly higher
        545 18 Tokyo Reuter LATE BUYING by new bust funds ignitsd a blaze of buying acroes a wide front, leaving sharss on the Tokyo market higher yeeterday after a day of mainly light, narrow trading. Trust funds bought financial and domeatlc sharee while other buyers picked up scattered laggards. brokers
        Reuter  -  545 words
      • Article, Illustration
        Lock icon Stocks edge higher
        485 18 Sydney Reuter STRONG domestic support for leading stocks pushed the Australian ahars market to a higher cioee yesterday, dealers said. The All Ordinaries Index closed 6.1 points higher at 1,632.6. Dealers said there waa little offahore buying, but the market moved higher due to underlying support and
        Reuter  -  485 words
      • Article, Illustration
        Prices stage 44-point rally
        1301 18 Hongkong HONGKONG slocks staged s 44.33-polnt rally yesterday powered by relief that the property market seems to be holding up in the wake of a confidence crisis sparked by political turmoil In China, brokers said. The Hang Seng Index peaked around 2,583 at mid-morning before prof-it-taking
        1,301 words
      • Article
        Lock icon Bangkok: Lower close
        201 18 Reuter THAI STOCKS edged lower across the board in active selling yesterday, triggered by disappointing second quarter reeults in the commerce and textile sectors. Brokers said the SET Index shed 3.42 points to close at 624.13. Losses outnumbered gains go to 22. Moat active were Padaeng Industry,
        Reuter  -  201 words
      • Article
        Lock icon Seoul: Stocks bounce back
        189 18 Reuter SEOUL stocks bounced back from morning lows on more institutional bargain hunting yeeterday, mainly in the financial aector, on a alow news day, brokers said. The compoeite stock index closed 1.18 points higher at 806.66. Volume was moderete at 245.3 billion won against 163.8 billion
        Reuter  -  189 words
      • Article
        Lock icon Manila: Profit-taking
        213 18 Reuter PHILIPPINE shares closed generally lower yesterday after profit-taking shaved last week's gains, but with a mining blue chip rising sharply ahead of an expected stock dividend, brokers said. "After a week of upward movement this correction is due," said Jesus Cinco, assistant vice-pres-ident at Papa Securities Corp.
        Reuter  -  213 words
      • Article
        Lock icon Taipei: Record turnover
        496 18 Reuter THE Taiwanaee slock index cloeed sharply higher yesterday after small investors, following the lead of large players, pushed prices up acroaa the board and aent turnover to a record high, dealers said. The weighted index gained 331.50 points, or 3.82 per cent to end at 9,504.20
        Reuter  -  496 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon Hoylake Investments starts court proceedings in the US
        513 19 Reuter THE JAMES GOLDSMITH-LED Hoylake Inveatmenta Ltd haa brought court proceedings in the U8 challenging the attempted application of insurance holding company statutes of several US statss to its £13 billion offer for BAT Industrtee pic. The suits, in federal district courts
        Reuter  -  513 words
      • Article
        Lock icon Bank denies plan to sell stake in Daimler-Benz
        386 19 AFP WEST GERMANY'S Deutsche Bank has denied s report in the weekly Der Spiegel magazine claiming the bank had plans to sell a 5 per cent share of Daim-ler-Benz, the largest industrial group in the country. Der Spiegel reported that Deutsche Bank
        AFP  -  386 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        556 19 Reuter MILAN: Italian sharea ended steady yesterday near Friday'a levela after rebounding from a weak start in moderate volume estimated st 196 billion lire, brokers said. The MIB Index, which was down 0.7 per cent at 0900 GMT. finished the day up 0.09 per cent to 1,145.
        Reuter  -  556 words
      • Article, Illustration
        Lock icon Paramount's failure in bid for Time brings relief
        611 19 RULING DISPELS FEARS OF FAVOUR FOR CORPORATE RAIDERS AFP MANAGEMENTS of major US corporations ara breathing a heavy sigh of relief following laat week's failure of Paramount in ita multi-billion-dollar hostile takeover bid for fellow media giant Time Inc. The relief ia
        AFP  -  611 words
      • Article, Illustration
        Lock icon Maxwell to realise a further £840m from disposals
        297 19 Reuter MAXWELL COMMUNICATION Corp pic Mid that by the end of it* currant financial year, it will have completed its disposal programma. raaliaing a further £840 million and thus becoming a purely publishing and communications group. In a statement released yesterday, chairman
        Reuter  -  297 words
      • Article
        Lock icon UK water negotiations look set to conclude soon over pricing formula
        669 19 Reuter MONTHS of often tough negotiations between UK government and water industry officials are set to conclude soon, aa they hammer out water charges formula ahead of the privatiaation of Britain's 10 wster end sewage busineeses in November, UK
        Reuter  -  669 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      170 15 CURRENCY INVESTMENT WII KK I M'KI li\ TEL: 321 3333 Straits Steamship Land Limited (Incorporated in the Republic of Singapore) The Directors advise the following unaudited results of the Group and the Company for the six months ended 30 June 1989: Company Group 1989 1988 1989 1988 $'000 $'000 $'000
      170 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      29 15 A4/T£y~- L/W/eg-Mzr f*//rwo&4tv/A/<£ tfeeA* A&"</00. tfae6M&£,tfA e v&v£7D 4AM. &>& A u?r& c '/s/rz&££'&vAC COM^A/r&4r7OAS... by Martell C«/£U.<UosV*&4<&49s £&ae. MWr /W&/- <Z4A/ 477U- <i&6> &777 M& /A/ rr£&£\. <T m
      29 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      232 18 NOTICES IN THE MATTER OF THE COMPANIES ACT t> (CHAPTER 50) AND IN THE MATTER OF TSIN SIN HANG PTE LTD (Incorporated in the Republic of Singapore) (In Liquidation) MEMBERS' VOLUNTARY WINDING UP NOTICE IS HEREBY GIVEN* that pursuant to Sectioft 308 of the Companies Act (Chapter 50) that the
      232 words
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      Page 18 Advertisements Column 2
      429 18 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CHIN KIM BENO PTE. LTD. (In Members' Voluntary Wlndlng-Up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 101-A Upper Cross Street »11-22 People s Park Centre Singapore 0105 on Wednesday
      429 words
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      Page 18 Advertisements Column 3
      306 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF '.TOvHJ AtI'CiIMfIv(SINGAPORE) PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the abovenamed Company will be held at Deloltte Hasklns A
      306 words
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      Page 18 Advertisements Column 4
      80 18 Starting a SMALL BUSINESS in Singapore. SOM coven almost ■1 every aspect involving HVA the setting up of a ■Hi business organisation Any potential entrepreneur will VjHH do well to read hjflß book as it will help him speed up and HH smooth out the 9HH setting up process." Mr
      80 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      65 19 The driving musical force for worldwide political change. 1 Throughout the world their unique music is the voice of hope for the disillusioned, the oppressed and the hungry. This is the story of the U2 from their early days in Dublin to their breathtaking triumph of 'LIVE AID'. PENGUIN BOOK
      65 words
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      Page 19 Advertisements Column 2
      420 19 PRIMA LIMITED (FLOUR MILLS) (Incorporated in the Republic of Singapore) COMPANY ANNOUNCEMENT The Directors of Prima Limited are pleased to make the toMowtng announcement:UNAUDITED RESULTS FOR FIRST HALF YEAR ENDED 30 JUNE 19M B| 30.0 MS SS'OOO The Grot 30.06.t9 31 Ss*ooo Earnings tn cents per share for the period
      420 words
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  • Article
    Owner of Cockpit and Duke seeks fresh loans
    546 20  -  MOVE TO REPLACE DEBTS AND FINANCE EXPANSION By HONG LEE TIAM DEVELOPER Teo Lay Swee of Cockpit Hotel and Duke Hotel is seeking fresh loans to replace existing debts of the two hotels as well aa to finance new expansion plans. His
    546 words
  • Article
    Lock icon Hashimoto rejected as Uno's successor
    147 20 Reuter FACTION BOSSES in Japan's ruling Liberal Democratic Party (LOP) yesterday threw out the nomination of secretary-general Ryutaro Hashimoto to replacs Prime Minister Soeuke Uno, party officials said. Political analysts said Mr Hashimoto, 52, was rejected ss he was too independent and too strong a
    Reuter  -  147 words
  • Article
    Gold Peak exploring idea of a S'pore logistics base
    400 20 By FOO CHOY PENG, Hongkong Correspondent BATTERY and electrical group Gold Peak Industries (Holdings) is exploring the idea of setting up a logistics base in Singapore to service the Asean region. The South Chin* Morning Post yesterday quoted QPl's managing director,
    400 words
  • Article
    Lock icon Malaysia has sold more than 140 public enterprises
    408 20 Bernama A TOTAL of 144 companies controlled by sgencies coming under the Malaysian Public Enterprises Ministry have been sold or have had their equity transferred, especially to bumiputra companies, up to the end of last year. Public Enterprises Minister Datuk Napsiah Omar
    Bernama  -  408 words
  • Article
    Lock icon Economic statistics are authentic: Ghafar Baba
    196 20 Bernama MALAYSIAN Deputy Prim* Minister Ghafar Baba yesterday hit out at those who questioned the authenticity of economic statistics given by the government because it differed from theirs. They refused to accept the statistics given because they were not as they would sxpsct, he
    Bernama  -  196 words
  • Article
    Lock icon KL needs 9pc growth rate for ethnic parity
    300 20 Bernama MALAYSIA'S growth rate muat average 0.0 per cent per annum in the post-1000 period till the year 2000 in order to achieve ethnic income equality, the Malaysian Institute of Economic Research (MIER) said yesterday. MIER'a executive director Datuk Dr Kamal Salih
    Bernama  -  300 words
  • Article
    Lock icon Comex gold
    72 20 Reuter COMEX gold futures roee early yeeterday on the back of a weak dollar, but activity remained alack with European intereat seasonally alow. Spot Auguet roee US$l.4O to U*****.40 an ounce, recapturing pert of last Friday's US$6.OO setback which was csused partly by technical selling in s market
    Reuter  -  72 words
  • LATE FILE
    • Article
      Lock icon Terrorist group kills US hostage
      48 20 Reuter TERRORIST group 'Organisation of Mm Oppressed of the World' said in Beirut yeelsrday that it kMled US hostage Lieutenant-Colonel William Higgins and Issued a videotape ahowing him hanged. WHtt his dsath, 21 foreigners are still missing snd bslievsd held hostage In Lebanon.—
      Reuter  -  48 words
    • Article
      Lock icon Venture to make rifles in M'sia
      35 20 AFP MALAYSIA EXPLOSIVES Bdn Bhd has entsred into en egreement with en Austrian firm to jointly produce assault rifles In Mslsysis. Dsfsncs Mlnistsr Tsngku Ahmsd Rltheuddeen ssld yesterday. AFP
      AFP  -  35 words
    • Article
      Lock icon China supplies missiles to Syria
      36 20 AFP SYRIA will receive an unepecified number of M-0 medi-um-range miaallea from China in a deal signed by the two countries In May, a United Arab Emlratoa newspaper reported yesterday. AFP
      AFP  -  36 words
    • Article
      Lock icon Japan's trade surplus falls
      33 20 Reuter JAPAN'S customs-cleared trade fell to a U852.61 billion surplus in the first 20 days of July from a $3.82 billion surptua a year earlier, the Finance Minlatry aaid.
      Reuter  -  33 words
    • Article
      Lock icon Japan's GNP expected to fail
      48 20 Reuter JAPAN'S groaa national product for the April/June quarter is expectsd to tail an infle-tion-adjuated 1.3 per cent from the previous quarter, said the Japan Centre tor Economic Reeearch yesterday. But it predicted real 2.7 per cent growth in the July/September term. Reutsr
      Reuter  -  48 words
    • Article
      Lock icon UK clears GEC acquisition
      34 20 Reuter BRITAIN'S Department of Trade and Industry said yesterday it would not raier General Electric Co plc'e acquisition of Metro-Cammed Ltd to the Monopolies and Mergera Com mi eel on.
      Reuter  -  34 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lloyd Brasileiro service suspended
        75 21 THE BRAZIL-WEST COAST North America service offered by Lloyd Brasileiro has been suspended. The carrier did not give reasons for the suspension but said it would restart the 25- to 30-day sailing eventually. Meanwhile, the 549TEU Itaquatia deployed in the service will be placed in the
        75 words
      • Article
        Lock icon Ship detained following blast
        65 21 Reuter A PANAMANIAN SHIP has been detained at Bombay after two Indian crew members died in an engine-room explosion. Bombay port officials said last Sunday that initial inquiries showed the blast aboard 3.093-tonne M V Meghpal occurred when acetylene gas from a cylinder came in contact
        Reuter  -  65 words
      • Article
        Lock icon Support for British strike waning
        74 21 AFP DOCKWORKERS at England's Southampton and Hull ports decided to go back to work yesterday,l and end their two-week strike over the government's abolition of an agreement which gave them job security. The decision to return to work, combined with a similar move by workers
        AFP  -  74 words
      • Article
        Lock icon Language barriers behind tragedy
        72 21 AFP THE CREW of two Japanese vessels were cleared last Sunday of accusations that they ignored a foundering Chilean freighter. Maritime* authorities in Valparaiso, Chile, said official inquiries revealed that language barriers between the vessels were the cause behind the misunderstanding. Nine crew members of the
        AFP  -  72 words
      • Article
        Additional stop for Maersk service
        79 21 MAERSK LINE has introduced an additional westbound call to a fortnightly service that runs from the US Gulf and East Coasts via Algeciras to the Mid-East, returning to North America via western Mediterranean ports. The latest call will be at Halifax, Nova Scotia. A top
        79 words
    • Article
      Lock icon Planned deepsea vessel set to hit new depths
      143 21 AFP JAPAN is to build an unmanned deepsea vessel capable of diving to a record depth of 10,000 m, the Japanese Marine Scientific Technology Centre said yesterday. Japan's Science and Technology Agency had allocated six billion yen (US$43 million) towards the construction
      AFP  -  143 words
    • Article
      Index to advertisers
      868 21 ABC ContoinerLine XI s Accord Shpg VM 3/4 Arrow Lines XI 5 ANl M I/2 AfC line VI 5 An V 3-5 ASCI V 1 Avstrosio line VI 1 Balt-Conoda Una IX 4/5 BaltOient Una K 4/5 Baltic Orient Shpg XI 4 Bangladesh Shpg VII 2 Bonk
      868 words
    • Article
      Newcomer confident of support from shippers
      423 21  -  WAN HAI LINES AIMING FOR MAJOR STAKE IN REGIONAL MARKET By G DURAIRAJ WAN HAI LINES, which launched its foray into the South-east Asian market with direct calls at Port Klang and Singapore last week, is confident of securing support from local shippers in
      423 words
    • Article, Illustration
      PSA complexes to be renamed distriparks
      292 21  -  By RAHITA ELIAS THE PORT OF SINGAPORE Authority's (PSA) warehousing complexes will be renamed distriparks within the next two months. This name change is to reflect the growing role of these complexes, which are concentrated along the southern seafront of Singapore, as the hub
      292 words
    • Article
      Lock icon American analyst expects tanker rates to rise in long term
      371 21 Reuter RATES FOR very large crude carriers (VLCCs) and other oil carrying tankers will be volatile on a short-term basis, but will rise over the long term because of higher demand, Baltimorebased Alex Brown and Sons has forecast in its
      Reuter  -  371 words
    • Article
      Good news for Japanese graduates
      125 21 UP TO 72 new Japanese graduates from seamen's universities and schools are likely to be employed by national shipowners during this fiscal year, according to a Kaiji Press report The report was quoting results of a Japanese Ministry of Tranaport survey that was conducted recently.
      125 words
    • Article, Illustration
      Senior management changes at Jardine
      164 21 JARDINE SHIPPING SERVICES has announced significant changes affecting its senior management in Malaysia and Singapore. Mr Siaw Hooi Chuan, the director/general manager of Pesaka Jardine Shipping Agencies, has been transferred to Singapore on being promoted to the position of director/general manager of Jardine Shipping Services
      164 words
    • Article, Illustration
      Lock icon Storm brewing over drug enforcement
      1060 22 Shippers unhappy about harsh US Customs regulations NYT T#-THE CASUAL OBSERVER, a <9SRainer of pumpkins transportad by sea and resting on the docks in New Jersey's Port New-ark-Elizabeth Seaport not long ago appeared harmleas enough. But to the US Customs inspectors poking bagfuls of the
      NYT  -  1,060 words
    • Article
      Lock icon Japanese union concedes on foreign crew issue
      397 22 Lloyd's List THE ALL-JAPAN Seamen's Union has backed down on the issue of foreign nationals on Japanese-flag vessels for the first time, but only on condition that the crews include a minimum of nine Japanese in the complement. This falls short of what
      Lloyd's List  -  397 words
    • Article, Illustration
      People in Shipping
      166 22 LIM CHIN HENQ, the Penang branch manager of Pesaka Jar- dine Shipping Agencies (JSS), has been appointed the general I manager of Jardine Shipping Services in Malaysia, based at Port Klang. Mohammed Ashraf Abdul Qea for has been promoted to gen- oral manager of Pesaka Jardine Shipping
      166 words
    • Article
      Lock icon Tanker rates
      269 22 AFP THS LARGE OVER-ABUNDANCE of vessels in excl& of 200,000 tonnes in the Middle-East Gulf led to a further weakening in rates over the last week oa the tanker market, broker E A Gibson said in London last Friday. Between now and the end of this month, about
      AFP  -  269 words
    • Article
      Lock icon New company leading US revival in container manufacturing
      282 22 Cargoware International INDICATIONS of a possible revivsi of container manufacturing the US hsve emerged from anumber of firms. Perhaps the most significant is a new company, Americontair. ner, headed by David Wall;> which plans to begin production! towards the end of this
      Cargoware International  -  282 words
    • Article
      Container schedules/ships in port
      1740 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Ai rival Tranatalna f Schadulaa Blk Op Gdn Data/Tlma Time From i Tlma To Booking Gala Anson CGM famboud 79I89N 03 08 89 0300 01/2130 01/2200 NA 2 Q3 00 F05 08PG9 0208.89 0700 01/2215 01/2245
      1,740 words
    • Article
      New corporate identity for International Paint
      199 23 INTERNATIONAL PAINT has taken a new corporate identity to strengthen Its global operations. International Paint pic, the worldwide holding company for the International Paint group, will now be known as Courtaulds Coatings, and adopt the Courtaulds group symbol the "C" mark but in the
      199 words
    • Article
      London Freights
      821 23 THE DRY CARGO freight market ended the week on Friday on a quiet note after signs that freight rates are picking-up from the summer doldrums with higher rates seen in the last few days, brokers said. No fixing was reported on the firming US Gulf/Japan grain run, although
      821 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5049 30 AARHUB Toiaga Bay, Trtot, Aug 2(PK). Lauat Maarak. Maarak Line, Aug 2/4 Frankfurt Cupreea, Trtot, Aug 4 VWe de Mercure, CM D'AHr element. Aug 4 Noraaia Mubarak. Noraaia Line. Aug 4 Ming Plaaaure. Yang Ming, Aug 4 Ever Gaiiant. Evergreen, Aug 4
      5,049 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      17 21 For advertising and circulation anqulrloa, please call Business Times, Tel: *****11, Fax: 253-2021, Tlx: RS ***** BTAD
      17 words
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      Page 21 Advertisements Column 2
      20 21 Lines and services represented bv °J ,he Registry of Accredited (*Ol IS?.'" 9 A 9ents, Singapore National US2 Shipping Association.
      20 words
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      Page 21 Advertisements Column 3
      69 21 ''??,}].|%&^/{;`!%~<{_\%"'\.)$\ on foreign crow toouo, PAGE I I p#opi# in Shipping, Psgn I A mm ANRO now his a fortnightty fixed day iervtc* between South East Asia and Adelaide/ Fremarrtie I is your year to Co ANRO ANRO's carrying capacity between South East Asia and East Coast Austraha is up
      69 words
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      Page 21 Advertisements Column 4
      97 21 Storm brewing over drugs THE RISE in seaborne narcotics is roiling relations; between US Customs and the highly competitive international shipping business, which is just beginning to emerge from a; 15-year slump. PAGE H At Breakthrough in crew dispute THE ALL-JAPAN Seamen's Union has conceded on the issue of foreign
      97 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1132 23 OOCL Dcdicatcd fo Seivict* JAR DINE SHIPPING AGENCIES 20C Cantonment tod #12-05 Southpouit, iiinppnn 0201 Tit *****11 TELEX NO RS ***** TERMINAL/CFS T«i *****11 220 BOOKINGS Tel *****34 23S PESAKA JARDINE SNIPPING AGENCIES SON. WO. PORT KELANG TEL *****1S Teiei No. MA*****/MA***** PENANG TEL *****4 TELEX NO MA4QO73 CFS 111
      1,132 words
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      Page 23 Advertisements Column 2
      1211 23 MAERSK LINE DESTINATIONS METTE M. LARS M LAURA M LEXA M MARQRETHE M METTE M LARS M. REQINA M LAURA M LEXA M 8/8 o* 15/8 16/8 22/8 23/8 29/8 30* V 9 M 12/9 13/9 !M 2M 2&tf 27/9 3/8 4/8 10* 11/8 17* 18/8 24/8 25/8 31/8 3/9
      1,211 words
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  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      741 24 if Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT S3 P. KELANG SOUTHAMPTON 5/8 Wm ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI. OSLO, AMSTERDAM, CARIBBEAN t S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG ROAM/ SOUTHHAVEN I ANTWERP LE HAVRE AMPTON P KELANG SPORE
      741 words
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      Page 24 Advertisements Column 2
      323 24 V COLUMBUS LINE REEDEREI GMBH lA SE R VICt Of HAMBURG SUDI EXPRESS SEMI CONTAINER SERVICE TO COLUMBUS NiUGINI VtS MORAYBANK VI2S Port Hornby. Lao, Rabaul. Kimbe Acc«i>tinf LCL cargo for main ports discharge and also to 1 Kavieng, Kieta. Honiara via Transhipment Port Kttom'l Aiont: M C Tti: 3CMPOI/4
      323 words
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      Page 24 Advertisements Column 3
      760 24 REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEDER) ANT LEN TO EUROPE (VIA FEEDER) SIN FIX HAM BftE ROT ANT LEN NORASIA MU BAA AX 019-3 2/1 34 4/1 294 31/1 1/9 2/9 3/9 4/9 NORASIA AL-MANSOORAH 00-3 90 104 114 54 74 S4 94 iff 11/9 JAPAN SEA 921W 164
      760 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      873 25 Steamers Maritime Holdings Ltd P&O W^ront Containers STRAITS SHIPPING 'CONTAINER SERVICE TO UK CONTINENT C«LSEK Exmss m m <mooN my an mama mm an un 40NTE ROM Un "<a MY an an :iTX.Of EMMUMM W Ala* Accepting Cargo Fort an MH a* nn an an on tut on vp an
      873 words
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      Page 25 Advertisements Column 2
      877 25 "GkCHO YANG LINE Also accaftinf for Inland UK tatmatMrn Antwerp and Scandanavtan parts. WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE l^i-W'l'l hanjm mm me HANJIN LEHARVf M2E QUCEN'SMAV BRIDGE MM CNOVANC PARK MX Mi tar HK/KAO/KOeE/YOKO/BUSAN FMG Q FIOIA MERCANTE OR ANCOI OMBIAN A SA (NATIONAL LINE OF
      877 words
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      Page 25 Advertisements Column 3
      293 25 /y Hai Sun Hup Co (Ptc) I At* II i.ixn; i ITRMTS/ JAPAN/ STMTS SERVICE SPECIALIST IN RO-RO A HEAVY LIFT VKSEL ASIAN COSWC SEKI CLIPPER TRADER MATSUYAMA VOV. NO. 117 1 ?T COSWC TRADER l SEKI MATSUYAMA Yokohama 23/1 Nagoya 21/1 Osaka •For Discharging Only NOTE: ALSO CALLING OTHER
      293 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      527 26 HX SINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES 20 AUG BANDAR ABBAS KYOWA LINE UTROOUCMQ KYOWA FAST DIRECT B/BULK/COMTAMER SERVICE FROM S'PORE/PK TO OUAM/SAPAM AND HA SPORE ETA 31 AUG 'B LOAD FOR: GUAM, SAIPAN AND MICRONESIA PORTS* •WCRONESIA POUTS DIRECT CALLS ON INDUCEMENT BASIS AND/OR T/SHPT
      527 words
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      Page 26 Advertisements Column 2
      339 26 fi) HANJIN SHIPPING FULL CONTAINER SERVICE I TO EUROPE VIA SUEZ HANJIN TONS HAE FAR EAST PORTS TO HANJIN LI NAVWi «K QUEEN'S WAY MIOGE I CHOYANC PARK MK 7n m us ivt ivt ir/i l«S 17/1 I l/l 21/1 22/1 M/t a# M M 2W 2JS ns WWW V»
      339 words
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      Page 26 Advertisements Column 3
      133 26 INTEROCEAN LINE 71, 2nd Floor, Mod 2/71, Tanion Ton Or. tamoM, MM KL. Tot: 71M734, ******4, 71<7221 TLX NO. MA47W FAX: 02-*****11 Ponong Oth To»: *****7, 3*0402 accepting cargoes for the following ports LOADING FOB SYO MELB AOE. BRIS FREM LE MVE. HBG BREMEN R DAM. GENOA. ANTWERP UK PORTS
      133 words
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      Page 26 Advertisements Column 4
      651 26 tt EVERGREEN Round-The-World East Bound (FE/CARIB/MSEC/EURO/FEI iI Bil II I asass SSs 5 S SI s ss Sg g ever MMM t;« MM IMI M* n* MR GftOWTH IVV IVM OM nm 7SM Hum MR GRAND !1« SM I* M U S mr QfTtD am am mm mm mm u&
      651 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      614 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES JKT MY VOY NKQ H «i mm im im im mm tin M M MM M M rMQ MUMMAM/TOMAKOMAi/NIT ACM/TO YAMA YOK MO 17» IM 11/t VU HKQ IM tin *im M IM IM Ml
      614 words
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      Page 27 Advertisements Column 2
      451 27 m. BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT m id njt a* a* v$ an rraMwi Upran WW- ad nmnivn 1* iw an a* a m ad <d iw an a* vi aa m id ni id ad Ud op w ZM a* mi MO *1 lffl I*l m
      451 words
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      Page 27 Advertisements Column 3
      277 27 u-a* w an (ACCEPTING CONVENTIONAL AMI CONTAINERISED CARGO) uiu una (ACCEPTING CONVENTIONAL ANO CONTAINERISED CAMO) SRIWUAYA/77WV an 17/ m (accepting conventional ami CONTAINERISED CAMO) Pwt MM, tat AK—iXrf. On—. Trtwte. ALSO ACCEPTING BOTH CONTAINCRS. CONVENTIONAL CAMO VIA T(S TO UK PORTS, NULL, L£ NAVW, OSLO. COfCNNACEN AARNUS. A DJAKARTA LLOYD
      277 words
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      Page 27 Advertisements Column 4
      243 27 VmM' 1 BOUSTEAD SHIPPING AGENCIES myoma twa HTONEYWA V Hf A M VM2 m MYANMA HI FIVE STAR LIME (Burmese National Line) Loading for Rangoon S'por* P.Kdanf Pwung Bangkc uiv tm HiS mm a m THE BANK LINE CATHERINE M CLYDEBANK VON TAMAITAI SAMOA VKN FORTH BANK V2SN SPOKE It
      243 words
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      Page 28 Advertisements Column 1
      777 28 Kline K WVASAM K1 Si l\ \ISH 1.1 I) .< aa m n i In im 1. i mih JL FPWI EKPORr OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE IMPORT OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP j .ill fii mmm FEEDER VESSEL VOY *INOO SEVEN SEAS BRIDGE 72E 50
      777 words
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      Page 28 Advertisements Column 2
      390 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL CWMIMH JALATAn V.C-« •UOMAM v.a INDIA/JAPAN/INDIA SERVICE AootpinQ FCL Containers and Conventional Caroc Alao accepts Matala A Staal Products Smpport P.MM| Nf t—dlf tar. 1 V C-4 I Am 1 Am 1 Am Mfc**x»T»/T U.S.A. SERVICE rvL wjfuimwi WW uoTTtnoofifi uaryo >»pw MWm p*Mm
      390 words
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      Page 28 Advertisements Column 3
      243 28 m it M *.1 fi 11 1 fMi Tm Spar* Dak Dm M KM as- t fcCTorr mvu W HA *A U» OUAN OUAN lUfPlim SDN. BHD P KLANC Tel: 03-M7KI, 3HHK-7. T«tu No: HA ***** PENANC T*i: M-i134K7, C2S4H, S2H7I PASIR GUDANG T«i: 17 *****1*1 Tttex: No: MA 00M4
      243 words
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      Page 28 Advertisements Column 4
      406 28 PHILI-ORIENT LINES PTE LTD MEAD OFFICE 1 if Ri. BNSCN RC AC .M BUI.D N SiSGAPOBf 't. f RS .8 Pk'li fin EAST/FA* EAST Fa i La ETA SINGAPORE AS? r —■.■7» —f in -''i MOMBASA. YVM AW ASM BEIRA, TAMATAVE, P. SUDAN. REUNION. TANGA, t. SUEZ ABIDJAN, DOULA, DAKAR.
      406 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      804 29 ore NEPTUNE MENCES PTE. LTD. Mm|l Book MB Inward/ Timwl Ft tmtSJ TPA/sS Outward *****22 *****53 *****42 *****44 2790U 9 *****16 *****11 *****41 D. **********0E) NEPUNE SON BHD K-Unaur taw *1400 sitEJ? NEPTUNE ORIENT LINES LTD E X P R T rM VBL/VOY Parkaaa 878 Parkaea 888 Pwkaaa 906 Pwkaaa
      804 words
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      Page 29 Advertisements Column 2
      115 29 /TTr* PAN OCEAN (PANJ SHIPPING V V COMPANY LTD REGULAR CONVENTIONAL SERVICES NET TO JAPAN KOREA PORTS S pore BALISA AGENCY PTE LTD S? V -r r i ac D r«Aa, 5 °gaDC^ 'op, cjs 55*93 E*A_ S" Fc 9oc* Tl3 ?*lss"*oC' S °es P Kelang BAHTERA LAUT SDN BHD
      115 words
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      Page 29 Advertisements Column 3
      115 29 Specargo AIRFREIGHTING PROBLEMS CALL US" TEL OlJl.'jj ■•7 •■*v 8 'I Ml KAOHSIUNG KEELUNG HONG KONG MANILA BUSAN PORT KELANG PENAN6 YOKOHAMA NAGOYA OSAKA KOBE JAKARTA II TTrrr mTTTTI BOMBAY KARACHI irr FmEMANTLE ADELAIDE ANTWERP GENOA MARSEILLES ROTTERDAM 1 I P. MORESBY 'LAEjRABUALKIETA ii L<ntiuaekuiH TEL *****55 FAX *****73 TLX
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      Page 29 Advertisements Column 4
      752 29 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 18X241/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** .****jyy.m**AwxM* ima co son. SNO CjMk JAYAPOH PENANG. Tat 6229*4*22*8/ Tela: MA 40Mt No. U Jatei Cwmll Part
      752 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      259 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEI 225 6868 (34 Inn) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAD i DSR-LINES J t FRACH t SEEREEDERE ROSI 1 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE OUTBOUND bzzzx: LI rr rrvr T.
      259 words
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      Page 30 Advertisements Column 2
      168 30 PORT Ki_Af»G AGENT INTEGRATED FORWARDING SHIPPING SDN BHD. TEL: *****04 FAX: *****49 GVM umm (Ml SM. MB. ■K rm No K A JALAN BERANCAN POMT kelamc SCLANCOR MALAYSIA V Til Noi IMO/87 W9IW. IMO/W. wow FAX *0909/ W. MALAYSIA/S PORE TO E MALAYSIA SERVICES: uati >4.« u> P KUMC SPORE
      168 words
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      Page 30 Advertisements Column 3
      238 30 Th« comploto Shipping List will bm published tomorrow. RCL CONTAINER LINES &M 33 alia m U* 1* J* Frl SONGKHLA -1 sailing a week Nflow Hock Agency Co Ltd Skla (Tel: VESSEL VOY 153 imLm P.KELANG 3 SAILINGS A WEEK DASWANI son BilO Pkl (Tel: *****59) PENANG 2 SAILINGS A
      238 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      161 30 r Regional Weather <r x > 'J: R r. V SI K US SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.30 A.M. Aufluwt I,IMO c o Wmd drtctioo with speed m knots Wo»# h«ight LIGCNO: R Thunderstorm Temperature c X\ A Shower W#oth#f Wmd drtctioo with speed wi knots Rom CJ
      161 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1658 31 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S POKE LOADING FOR A. VSL 3/8 Iraq/Japan THROUGH BA.I to BAGHDAD UPON REQUEST ALSO ACCCPTING COMTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE UPTO AOABA LOADING CONTAINERS/CONVENTIONAL
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
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