The Business Times, 2 August 1989

Microfilm: NL16694
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, AUGUST 2, 1989 9 75 CENTS
    12 words
  • Article
    FINANCIAL NEWS SUMMARY
    246 1 Dow Jones down US stock prices were mixed in early trading yesterday following the strong gains of recent sessions. The Dow Jones average of 30 industrial stocks was down 5.69 at 2,654.97 in the first hour of trading. AP Footsie down LONOON share prices were lower at
    246 words
  • Article
    First Capital takes 60pc of Heshe for $14.2 million
    501 1  -  ENTRY INTO ATTRACTIVE APPAREL AND RETAILING SECTORS By HERMAN PHUA FIRST CAPITAL Corporation has acquired a 60-per-cent stake in one-time Sesdaq aspirant Heshe Holdings for $14.2 million, confirming reports that the garment manufacturer and retailer is up for grabs. The remaining
    501 words
  • Article
    Dao Heng to take over Hang Lung Bank
    415 1  -  By ELAINE KOH DAO HENG Holdings, the Hong-kong-listed group with a majority stake in First Capital Corporation, is to buy Hang Lung Bank, which cost the colony's government HK$l billion to rescue. A joint announcement in Hongkong yesterday by Oao Heng and
    415 words
  • Article
    Lock icon Taiwan's GNP expected to jump
    56 1 AFP TAIWAN'S per capita gross national product (GNP) ia expected to grow 19.6 per cent from the previoua year to U557,237 in 1969, an official with the Directorate General of Budget. Accounting and Statlatica aaid yeaterday. The increaae will move Taiwan to 25th in the
    AFP  -  56 words
  • Article, Illustration
    An unusual training drive
    494 1  -  By ZHOU MEI IN THE CONCERTED DRIVE to extend training to the small- and medium-sized enterprises (SMEs), training is literally delivered to the doorstep of the shopfloors. Launched yesterday with a $60,000 grant from the Skills Development Fund (SDF), the Mobile Training Service (MTS) which comes
    494 words
  • Article
    New Aussie rules may hit captive insurance industry here
    363 1  -  By DEXTER LEE SINGAPORE'S GROWTH as a captive insurance centre may slow considerably next year when Australia introduces new measures for taxing foreignsourced income of Australian companies. Industry sources say the new scheme, which taxes income on an accrual basis, is
    363 words
  • Article, Illustration
    Tokyo, S'pore shares ease
    167 1 MARKETS in Singapore and Tokyo ended easier yesterday, while share pricee in Hongkong cioeed marginally higher. Local ahare pricea were weaker on widespread profit-tak-ing after Monday'a higher cloee. Thia waa despite a 25.42-point gain on Wall Street overnight, brokera aakJ. The Straita Times Industrial Index declined
    167 words
  • Article
    Lock icon Conference to send UN mission to Cambodia
    354 1 Reuter, AFP THE INTERNATIONAL Conference on Cambodia yesterday decided to send a UN fact-finding mission to the country to arrange s peace settlement. French Foreign Minister Roland Dumas, co-presi-dent of the 19-nation conference, closed two-and-a-half days of stormy ministerial debate saying that "a
    Reuter,; AFP  -  354 words
  • Article
    Half-point prime rate cut sends US dollar plunging
    336 1 THE US DOLLAR plunged againat major currenciea in Tokyo yesterday, following news of a half-point cut to 10.5 per cent in the prime lending rates of major US banks on Monday. In Tokyo, the greenback started at 135.95 yen, 2.45 yen below
    336 words
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      Page 1 Advertisements Column 1
      121 1 V? 'C (y^ mm -v IBS Share Margin Financing Scheme The key to increasing your m. m. 4. A' 1 nvesunem pocenuaL Increase your investing power with IBS. High Margin Hnancing. For every dollar's worth of collateral pledged, you can purchase up to $2.50 worth of shares. Wide Selection of
      121 words
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      Page 1 Advertisements Column 2
      196 1 Update on BDP« training strategy, PAGES 10 and 11 Editorial Comment: 10 Now for a place in the sun Legal profession 2 Passing interest to consumers Union Carbide 3 OHQ status after relocation Iranian economy 4 Time for reconstruction to start Bonn economy 5 Heading for strong growth US prime
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      Page 1 Advertisements Column 3
      9 1 US, China's positions on Cambodia similar Bakar, PAGE 4
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      Page 1 Advertisements Column 4
      30 1 A Ot+Xwy Ot btcdlx+ux SINCE 1888 Made in WEST GERMANY Full report, PAGE It Regional Mkta, FAQE It World FAQE It I W HAT Y( J2JI m r i:\rix r>.>v
      30 words
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  • HOME NEWS
    • Article
      Case for passing interest to consumers
      350 2  -  'LAWYERS SHOULD NOT POCKET INTEREST ON MONEY HELD FOR CLIENTS' By JAYARAM MENON LEGISLATION is needed to ensure that interest earned on money held by lawyers on behalf of their clients should be passed on to the latter. The suggestion came from the president
      350 words
    • Article
      Individuals not taking full advantage of Small Claims Tribunal
      251 2 THE INDIVIDUAL consumer is stttl fighting shy of settling disputes through the Small Claims Tribunal (SCT) although it was set up with them in mind. The SCT, a cheap, fast and informal way of seeking redress fqr claims under $2,000, is
      251 words
    • Article
      Tandem aims to stay competitive in areas where it has an edge
      414 2  -  By SHOEB KAGDA THE NUMBER of computer companies will decline sharply over the next 20 years, predicts the founder, president and chief executive officer of Tandem Computers. James Treybig. However, Tandem, a Fortune 500 company, aims to be
      414 words
    • Article
      Mobil withdraws 'fiery' advertisement
      385 2 A TELEVISION advertisement by oil company Mobil nKtiich showed conventional engine oil turning black under high hoot has com undor flro tt»oif. Mobil took tho advertisement off tho air after ASAS, the advertising industry's watchdog, inveebQalM COmpiiinil irOCTI ui€ oftif rnijor oil compftntM. The Advertising Standards
      385 words
    • Article, Illustration
      Work a few years before chasing degree, poly grads urged
      457 2  -  ANNA TEO POLYTECHNIC diploma holders need not. and should not, all maks a beelins for university studios bscsuss the economy has groat nood for technologists and mid-level supervisors, National Development Minister 8 Dhanabalan pointed out yeeterday. The market will have
      457 words
    • Article
      MEMO PAD
      347 3 Seminars and r Ri Courses 1 V-I Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66^ Auel 2 Business to tmtmm Ming Court Hotel Direct Consulting *****18 Direct Morketing for Group Hie Financiol Industry Aug 1-4 The Trainer The RGA Training Roger Gill *****60 Training Function Centre Associates Pie
      347 words
    • Article
      Graduates of local software institute get Miti recognition
      313 3  -  By JAYARAM MENON IN AN unprecedented move, Japan's Miniatry of International Trade and Industry has given the stamp of approval on graduates of s local softwsre institute. The much-sought after accreditation waa conferred on the nine-year-old Japan-Singapore Institute of Software Technology (JSIST)
      313 words
    • Article
      Union Carbide gets OHQ status after relocation
      496 3  -  ay ANNA TEO UNION CARBIDE haa received operational heedquarters statue, following the relocation of its Asia Pacific baee from Hongkong to Singapore early this year. Union Carbide Aaia Pacific Inc oversess 17 companiee in 13 countries that collectively generate aalea of about US$BOO
      496 words
    • Article
      Rubber sector pulls investors
      532 3  -  —ty WALTON MORAIS THE RUBBER manufacturing industry drew the largeet share of Singaporean induetrial investments in Malayeia lest yeer. otatisucs reieasao oy m Malaysian Induetrial Development Authority yeeterdey showed that of the 134 Singapore projecte approved tor inveetment in Malaysia last yeer, 41 or 31 per
      532 words
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      168 2 THE SURE SIGN OF A TOP COMPANY w m V X a P •VN < >\ k "VWS v mm %r< v sS£ s V <b V t tJv v;'": \v. >*> V ,sr-' N You can judge the success of a company by looking at its balance sheet. Or
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  • Page 3 Advertisements
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      307 3 y A S V.. "Si A '4 vi- «#*> aw •.c: '3 5 ti I r 7 PF -i. Hk*'&■A 1 s::i:- 5 si,' •> ■•< m k. A > t K We heard some guests like the occasional workout. So we built them the finest fitness centre in town.
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  • FOREIGN NEWS
    • Article
      Lock icon Iran must start economic reconstruction: economists
      545 4 Strong resistance to rapid reform expected Reuter ACTION on Iran's distressed economy can no longer be postponed now the Iran-Iraq war has been over a year and mourning for late leader Ayatollah Ruhollah Khomeini is complete, Westem and Iranian economists say. New president All
      Reuter  -  545 words
    • Article
      Lock icon South Yemen planning major reforms
      283 4 Reuter MARXIST South Yemen is introducing major political and economic reforms aimed at correcting "past mistakes" and improving relations with its estranged neighbours. The ambitious plans, published on Sunday in the official weekly magazine al-Thawry, set new economic, foreign and domestic policy goals. Coming more
      Reuter  -  283 words
    • Article
      Lock icon Asia-Pac debt burden growing rapidly, warns Aussie aid body
      249 4 FT THE EAST ASIA and Pacific region, widely regarded aa a development succeas story, te in tact suffering a rapidly growing debt burden, according to Auetralia's official aid agency. The Auatralian International Development Assistance Bureau says that in recent years the
      FT  -  249 words
    • Article, Illustration
      Lock icon US, China's positions on Cambodia similar: Baker
      436 4 AFP THERE IS a great deal of eimilarity between the US and Chineee positions over Cambodia, US Secretary of State Jamee Baker said on leaving an international conference on Cambodia in Paria on Monday. Mr Baker was apeaking to reporters after conferring with
      AFP  -  436 words
    • Article
      Lock icon Bill to allow Chinese students to delay returning home
      172 4 AFP THE US House of Representatives on Monday approved a measure allowing thousands of Chinese students in the United States to delay their return to China. The measure was paaaed by voice vote in reaction to China's June 3-4 crackdown on
      AFP  -  172 words
    • Article
      Lock icon Qantas pays damages to hostesses for discrimination
      156 4 Reuter national carrier Qantas said yesterday that it had paid more than ASI.S million (US$l.l million) to air hostesses trv the past five months in damages for alleged sex discrimination. A total of 120 hostesses received ASI.2 million under an out-of-court settlement with
      Reuter  -  156 words
    • Article
      Lock icon Quayle plans to make Asian tour
      354 4 AP AMERICAN Vice-President Dan Quayle will make a 10-day journey to South Korea, Japan and the Philippines in late September, his office said. Plans for the Asian trip were made public on Monday after Mr Quayle discussed it during the day with a Japanese
      AP  -  354 words
    • Article
      Lock icon Sino-Portuguese talks on Macau resume in Lisbon
      248 4 AFP PORTUGAL resumed talks with China in Lisbon on Monday over the transfer of Macau to Chinese control, in their first meeting since the Tiananmen Square massacre in Beijing in June. The Sino-Portuguese liaison group preparing the transfer in 1999 has already met
      AFP  -  248 words
    • Article
      Lock icon Western diplomats boycott China's Army Day banquet
      338 4 AP WESTERN DIPLOMATS boycotted a Beijing banquet on Monday marking the founding of China's army, saying they could not condone the army's sttack on student pro-democracy protesters. "I'm sure I did not see any" Westerners, ssid sn Asian defence attache who attended the
      AP  -  338 words
    • Article
      Lock icon Japan's overseas construction orders up
      123 4 AFP JAPAN received construction orders from overseas worth 862.3 billion yen (U556.34 billion) in fiscal 1088, 0.6 per cent more than the previous fiscal year, the Construction Ministry said yesterday. The ministry said it was the first rise since fiscal 1966, when overseas construction orders
      AFP  -  123 words
    • Article
      Lock icon Tokyo group seeks cuts in entertainment expenses
      159 4 Reuter AN INFLUENTIAL Japanese business organisation called on companies on Monday to cut unspecified entertainment expenses, used in some cases to bribe politicians. The Japan Aaaociation of Corporate Executives said the Recruit share-for-favours scandal appeared to reveal a drop in businessmen's morality in
      Reuter  -  159 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      881 4 ARRIVALS Operator i! ttm# From CPA •AW MAS GU SiA MA OPA SAS l*A SiA GtA 1HA SA TtY CiA 9A OA MAS GtA CX710 CX710 MH607 GA960 SQ105 •1421 QP072 SK971 Uft 231 SQ1S1 GA940 TG403 SQ138 MI811 GA902 SQ069 GA950 MH641 GA895 1000 1000 1020
      881 words
    • Article
      Lock icon New Soviet anti-state crime law
      437 5 AFP, Reuter THE Supreme Soviet on Monday adopted a new version of a law on "crimes against the state,'' first passed in April but later strongly criticised by Soviet deputies. Tass news agency said. An amendment to the law passed in May removed the offence
      AFP,; Reuter  -  437 words
    • Article
      Lock icon Soviet forces moving out of allied nations as planned
      228 5 AFP THE withdrawal of Soviet conventional forces from allied countries is continuing according to plan, and 28,000 troops will have left eastern Europe and Mongolia by Aug 1, the Soviet Tass news agency reported on Monday. The withdrawal is part of
      AFP  -  228 words
    • Article
      Lock icon Americans bullish about economy
      236 5 AFP AMERICAN CONSUMERS are bullish on their economy despite signs that it may be cooling, a US business group reported. The Conference Board's monthly consumer confidence index, using 1985 as a base value equal to 100, rose 3.5 points to 120.7 in July, the group said.
      AFP  -  236 words
    • Article
      Lock icon Bonn economy heads for strong growth and higher wage claims
      561 5 Reuter THE West German economy is set to expand strongly this year but higher wage claims could cloud prospects in 1900, the Or* ganisation for Economic Cooperation and Development (OECD) said. In its semi-annual report on West Germany, the 24-nation
      Reuter  -  561 words
    • Article
      Lock icon Latin American, Caribbean nations seek to ease trade tensions
      247 5 AFP TRADE TENSIONS between developing countries in Latin America and the Caribbean and industrialised nations must be eased, regional repreeentatives in Colombia said on Monday. Representatives from 33 Latin American and Caribbean countries are meeting in the Spanish colonial port city.
      AFP  -  247 words
    • Article
      Lock icon France's deficit falls
      138 5 AFP THE French balance of payments showed a current account deficit of 21.3 billion francs (U553.36 billion) last year, according to final figures released by the French Economics and Finance Ministry on Monday. The 1967 deficit was 26.7 billion francs (US$4.2l billion). Last year's deficit amounts to
      AFP  -  138 words
    • Article
      Lock icon Retail prices in EC rose 3pc in first half
      181 5 AFP THE European Community (EC), like the United States and Japan, has seen a marked rise in inflation over the first half of 1960, the official statistics office Eurostat reported. Retail prices in the 12 EC countries rose 3 per cent
      AFP  -  181 words
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      120 4 Glasnost 6 Perestroike was the first step. Make the second: GO WEST To Meet The Demand Of The East We are building an OFICE TOWER in a prime location in the heart of HUNGARY in BUDAPEST to serve a huge and growing market not only in Hungary but also all
      120 words
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      Page 4 Advertisements Column 2
      3 4 Leader, PAGE 10
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      Page 4 Advertisements Column 3
      44 4 The business person's choice every Tuesday, Thursday Saturday and Sunday. Lav in* Ckaaci Airport at 22M hours and arriving at Le«cr B. Pearson internatwnil Airport the folk 7* uif das. Call your Travel Agent or Air Ctnmk u 7i2»555. A BREATH OF FRESH AIR
      44 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      133 4 Global t«mp*ratur*« on July 31 Z//''A OUTLOOK: Sliovora over MMfil irtii in ftueno* Aires Cairo ColQory Cor ocas CMcogo Copltogen Dublin Frankfurt Jakarta jffyiolifn Jo'burg Kiev K Lumpur London Ang§|§| 16/13 Rain 32/20 dowdy 12/01 Ooor 38/30 Ooor 33/27 CWor 30/26 Ooudy 30/23 Ooudy 33/24 Ooudy 31/18 ONT 17/14 tain
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      191 5 There's only one laser printer that can print this. S $ik v T m>. .-.t So far we've sold over a million and a half LaserJet printers, more than all other vendors combined. And won numerous industry awards for excellence. Excellence that youll find written all over the LaserJet II
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      43 5 .Doonesbury MAN, YOU ARZONZ ON6MWFUL CHICK, KNOW im.HOW* (/U£ TOOK VOWS, 5/* 3ACRBP, UFFTIM& VOWS! m m i i Kk &Ji YA r 7TJTJ T^fT^Tn di yr< 'J I fA r BY GARRY TRUDEAU OKAY, YOUMANT TOPLAfrTTHAT m/*FINZ!SfR, PO&TheNAMZ MAMNMnOC&ON MCANAMMN6IO il >. y: ■>
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1395 6 SINGAPORE: THE US dollar yesterday opened lower following a plunge in New York overnight triggered by a breach of major support points of 137.50 yen and stop-loss buying of yen for marks. It recovered later in Singapore on short-covering and selling of yen against marks. Sentiment remains bearish
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    • Article
      Lock icon Rise in foreign DM holdings worries Bonn
      527 6 Reuter A SHARP RISE in the mark holdings of central banks outside West Germany could make it harder for the Bundesbank to steer its monetary policy. "While countries continue to emphasise cooperation, there is no problem, but if other countries do not like
      Reuter  -  527 words
    • Article
      Asian $ market
      290 6 Asian market ASIAN DOLLAR deposit rates yesterday finished lower compared with Monday's close after a day of thin trading. Dealers said rates weakened on softer US Federal funds rate, a rise in US bond prices and news several US banks cut their prime lending rates by a half point to
      290 words
    • Article
      Money markets
      54 6 THE overnight rate on the Singapore money market closed point tower at 5 per cent yesterday. Term rates fell 1/16 point lower across the board. S$ Interbank rates at the dose yesterdays OffH MD 0»«r3 4 7/1 I-M* 3 1/1 S 3 1/1 3 3-Mrth S I 3
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    • Article
      Government Securities Market
      105 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BIO OffW HGH LOW 3 months BQ*****V 26.10.89 4.00 3.95 3.99 3.99 6 months 6S*****V 18.01.90 4.05 4.00 4.08 4.01 1 year BY*****F 24.05.90 4.13 4.08 4.15 4.11 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
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    • Article, Illustration
      World interest rates
      171 6 Mm prima of' 12 ma|or banks In S'por* Interbank market rates (offer/bid) on August 1 us* DM SWFC Y«n 7 dort IS/14 13/1* 13 13/1*— It/1* is/1* 13/1* 7 3/3 7 1/4 S 1/4 S 1/3 1 S/3 1/3 13 7/3 13 3/4 IS/1*—13/1* 7 1/3 7
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    • Article
      Options
      1268 6 CURRENCY FUTURES OPTIONS Tuesday, August 1, 1989 DEUTSCHEMARK (SIMEX) sap Mgh M CM* Law 0M Up High SSpa8* Law SM 32 IS S3 44 54 89 JAPAI NESE YEN (SIMEX) HM OM 0M High 88 paM Law SM 75 201 IMM Monday, My 31, 1989 BRITISH POUND C2S.I Ml
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      157 6 WHEN IT COMES TO CUSTOMER ASSURANCE, WESTINGHOUSE HAS ONLY ONE WAY OF DOING THINGS. In 1964, Westinghouse made a total commitment to quality. We created the unique position of Vice President, Customer Assurance, and, by doing so, gave every customer a voice at the executive level of our business. Being
      157 words
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  • BANKING AND FINANCE
    • Article
      Simex
      360 7 Tradhif on Am glial 1, 1Mt Opar. 1 BUftOOOLLAR Ugh Lao Saw Em Vat Op/W Val Sap 99 9179 91.*3 91.77 9143 4155 ***** 5394 I Dac $9 97.33 9X3* 9X30 9X35 9909 1807* 0049 i Mar 90 97.35 9X3* 9X33 9X37 931 5094 1339 1 Jw 90 9X33
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    • Article
      Lock icon Euro$ finish higher
      162 7 BA Futures SEPTEMBER Eurodollar futures opened in Simex yesterday unchanged from the overnight Chicago cioee at 91.79. Prices subsequently rose following rumours of a weaker national purchasing managers' report to be released in the US later last night The September contract ranged from 91.77 to 91.83 before
      BA Futures  -  162 words
    • Article
      Taiwan's US$ interbank market poses 'no threat'
      415 7  -  By SOH TIANG KENG TAIWAN'S plan to open a US dollar interbank market will not pose a threat to the future expansion of Singapore's Asian dollar market Rather, it will complement the development of offshore banking centres in Singapore, Hongkong and Tokyo, bankers
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    • Article
      Lock icon Leading US banks drop prime to 10.5pc
      643 7 NYT ACTING A FEW OAYS after the US Federal Reserve gave its nod to a further reduction In interest rates aeveral leading banks, including Citicorp, the nation's largeet announced on Monday that they had lowered their prime lending rate by half a percentage
      NYT  -  643 words
    • Article
      Lock icon IPE to launch new fuel oil futures contract
      262 7 Reuter LONDON'S International Petroleum Exchange (IPE) will launch a new futures contract in heevy fuel oil from Sep 5. The contract based on caah settlement, will Join crude oil and gas oil futuree and options alreedy traded succeesfully on the exchange. The
      Reuter  -  262 words
    • Article
      IMM
      337 7 EXPECTATIONS that US interest rates would fall further pushed IMM currency futures on Monday to big gains. Afternoon action focused on the Japanese yen, which edged up again late after hitting small buystops near 0.*****0. A low Federal funds rate reinforced projections for further currency gains in the near-term.
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    • Article
      Comex gold/silver futures
      172 7 Gold futures on July 31, 1989 100 troy ounces; USS p« tray oun C9 Opm M* Law SaMte *-9 36*70 371.00 367JO 370J0 230 s* 349 JO 369JO 369 SO ***** 230 Oct 373.00 373X0 37X00 ***** 230 Ok 376-30 378.90 376.10 ***** 230 Hb 90 340.30
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    • Article
      Lock icon SocGen report goes to public prosecutor
      485 7 Reuter THE French regulatory body, the COB, is passing to the public proeecutor its report on trading during a state-backed raid on privatised bank Societe Generate last year. It said in a statement it had found possible evidence of insider trading during a series
      Reuter  -  485 words
    • Article
      Lock icon A good deal required of Sanwa economist
      141 7 Reuter A JAPANESE BANK has broken new ground by putting an economic analyst in its currency dealing room and allowing him to trade. Although US. European and Jspaneee banks have long aaaigned economists to their dealing rooma. Sanwa Bank Lid believee it be
      Reuter  -  141 words
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      45 7 m eS. NATIONAL UNIVERSITY OF SINGAPORE PUBUC LECTURES By PROFESSOR SIR AARON KLUG (F.R.S., Nobel Laureate) Lee Kuan Yew Distinguished Visitor Venue: LT 27 Venue: LT 27 Time :6 pm Time :6 pm Date :7th Aug. 1989 Date 14th Aug. 1989 ALL WELCOME ADMISSION FREE
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      Page 7 Advertisements Column 2
      332 7 1 V -vV v 5 ~g >s r i -fe -F3 '-r^Sk, BREJTUNG EARNED ITS WINGS BEFORE MAN LEARNED TO FLY In 1884. nearly 20 years before the first humble aircraft took to the skies. Leon Breitling began designing the f forerunners of today's renowned Brewing aviation watches. The BreitHng
      332 words
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  • COMMODITIES
    • Article
      KL Tin
      185 8 The Kuala Lumpur Tin Mar"tat (KLTM) price recovered two cents to close at "MS2S.OB a kg due to miners -holding back disposal yeetsoday. -< The small oMsrs ot 48 tonnss sgsinst bids ol 88 at %e opening snd Monday's LME steedlneee sldsd sen- 1 going to be quiet
      185 words
    • Article
      RAS and MRELB
      278 8 RAS prices m s cmMi, Foe m m B NOON CLOSE Buyon Sellers Buyors Setters ht 1 RSS Prompt 176.50 177 JON 176^5 177.75N Int 1 RSS Sop 176.00 177.00 176.25 177.25 Int 1 RSS Oct 177.30 178JO 1777i 178.75 Int 2 RSS OF 174.00 176.00N 174.00
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    • Article
      SSR and SMR
      80 8 (canta/kg) SEPTEMBER 1989 OCTOBER 1989 (currant month) (forward month) RAS NOON •wyS*4Wn NOON twy«ri S*N*rt SSI 30 150 JO 153 JON 151 JO 153 JON SSI 30 148-50 150JON 149 JO 151 JON MRELB luywi Ml Ivym SMI CV 226.50 228J0N 228.50 230.50N SMI I 237.50 239JON
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    • Article
      Rubber
      260 8 SINGAPORE: Rubber prices yssterdsy closed slightly lower with September One RSS buyer quoted st 178.25 cents s kg, down 1.25 cents from Monday's close. On ths TSR-20 Awsrd msrkst, pricss were little chsnged in the sftsrnoon from morning levels sfter quiet trsde. September buyer wss quoted st 147.00 cents
      260 words
    • Article
      Produce Prices
      179 8 Chinese Produce FOB NSW 180.00 Exchange FAMA Seller*' noon doting prtcos on Ooting prlcos on August 1 August 1 (S$/100 kg) Coconut oil (M$/100kg) Coconut oil 98.00 Now drums 150.00 Bufc FOB 2nd hand drum Bulk 144.00 Old drum FOB 108.00 135.00 Now drum FOB 112.00 Locoi In
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    • Article
      Lock icon Crude Oil and Products
      143 8 Telerate THE LACK of CIF barrels in Singapore and the tight FOB Sing availabilities in Ist-half August resulted in the high premiums buyers of CSTIBO had to pay yesterday. Sellers of Ist-half August CSTIBO were asking $96 mt FOB Sing. Supplies for 2ndhalf August CSTIBO were
      Telerate  -  143 words
    • Article
      Lock icon KL cautiously optimistic about commodities
      461 8 Bernama MALAYSIA'S primary commodities after 1990 have promising prospects, but the country has to contend with two basic issues the changing structural pattern in the domestic economy and the changing world environment. According to Malaysian Primary Industries Minister Datuk Seri Dr Lim Keng Yaik in
      Bernama  -  461 words
    • Article
      Palm Oil
      518 8 Total o/p a* at 1100 km 5547 contract*. Tumovon 3050 lot*. Morto ten* Eatfor MALAYSIAN CRUDE PALM OIL FUTURES closed easier in sluggish trading on the Kuala Lumpur Commodity Exchange yesterday. The sharp decline on the overnight Chicago Board of Trade and buyers' reserve dampened local market sentiment.
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    • Article
      Precious Metals
      385 8 HONGKONG: Gold closed little changed in quiet two-way trading yesterdsy. The metal's pricee were linked with the US dollar movement yesterday, with demand from Japanese end local traders. Dealers expected good support at US$36B an ounce later in New York. Bullion ended at U*****.30/80 an ounce agalnat an
      385 words
    • Article
      London markets
      193 8 LCE Buyer/Seller doling prices on July 31 (£/tonrw unless specified). Previous dosing prices in parenthesis. Cofl«t Bosh in-storo London, setters option OF London Sop 755/756 (761/762) High/Low 770/752 Soles (3006) Cocoa Sop 843/845 (848/849) High/low 848/842 Solos (1488) Sugar No 6 FOB (US$/tonne) Oct 323.00/323.20 Klgh/Low 327.60/318.60 Solos
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    • Article
      Lock icon Saloman Inc pays record US$4m fine
      135 8 Reuter AN INTERNATIONAL commodity trading firm owned by Salomon Inc agreed on Monday to pay a record US$4 million fine to settle federal charges that it cheated customers in an elaborate cocoa futuree scheme. Phllipp Brothers Inc of New York and three of its
      Reuter  -  135 words
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      Page 8 Advertisements Column 1
      517 8 isHi srii Coming your way F 1 THE OFFICE OF THE FUTURE OFFICE AUTOMATION '89 A 15 17 November 1989, Raffles Ballroom, s' Raffles City Convention Centre, Singapore I Discover a whole new world you can work in and work with. The Office of the Future is here at OA
      517 words
    • Advertisement
      Page 8 Advertisements Column 2
      99 8 LME aluminium and nickai quotas, and Chicago's aoybaan and whaat raporls hava baan haW ovar dua lo praaaura on apnea BPDBPPPPBBBBIIBBPB y M DATABANK RESEARCH Information is power To help you work smarter. Our database is organised To help you strategise. Expand market share Without running like a hare. Enhance
      99 words
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  • FOCUS
    • Article
      Lock icon Latin economies beset by other problems besides debt
      1169 9 Even if Latin America's US$277 billion foreign debt were significantly eased today, the region would have to do more to overcome a major crisis. It is trying by calling for new trade among Latin neighbours and increasing investments. These do not, however,
      AP  -  1,169 words
    • Article, Illustration
      Lock icon Optimism turns to disenchantment
      674 9 AP THE DISILLUSIONMENT of Latin American youth is partly the fault of the continent's huge debt and the economic hardship it has brought. But experts say many other factors have caused youth to pass from a mood of optimism 10 years ago to one of disenchantment.
      AP  -  674 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      184 9 GOOD IDEAS KEEP COMING UP Now, a compact fax that 1 k mat Knows now to keep a secret. f W I j I Iff mwnaii^ ■r. I'TO i ,1 SPfeHJ e> o I HtOIAL vl> <3\ 1 m.; J O hmmammgm m The high-speed Sharp FV-301 can print up
      184 words
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  • PERSPECTIVE
    • Article
      Now for a place in the sun
      483 10 IT IS TOO EARLY to say whether the accession of Mr All Akbar Hashemi Rafsanjani to the Iranian presidency will mark a turning-point for the country. The legacy of spiritual leader Ayatollah Ruhollah Khomeini, who died recently, continues to cast a cold shadow
      483 words
    • Article, Illustration
      Re-focusing of training priorities
      1611 10  -  UPDATE ON SKILLS DEVELOPMENT FUND'S With almost a decade of training promotion behind it, the SOF today is more focused in its unrelenting drive to bring training programmes to the workers and, ultimately, to make training an integral part of the workplace. Stories by Economics Correspondent
      1,611 words
    • Article, Illustration
      Nurturing a specialists pool of trainers for local needs
      807 10 THE MOST expedient way of getting training off the ground is to make use of existing training programmes. This has certainly helped Singapore to upgrade the skills of its workforce. However, after a decade of promoting training, the Skills Development Fund
      807 words
    • Article, Illustration
      Commitment and calibre vital ingredients for success of training centres
      1070 11 TRAINING STRATEGY MOOTED in the early 1960s and inspired by training facilities in other countries West Germany in particular the Skills Development Fund (SOF) sought to provide training to the workforce through existing industry/employer associations. SDF officials reasoned that "the
      1,070 words
    • Article, Illustration
      Greater training awareness, thanks to the levy
      507 11 THE MONEY dispensed by the Skills Dsvelopment Fund (SDF) through its grsnts comes from the levy impoeed on employers and interest income earned by accumulated funds. Since the SOPs inception, the levy has been imposed on a per worker basis with the cut-off
      507 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      65 10 Managers must manage. BT shows you how every Monday. 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
      65 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      32 10 BriStcW: Fmn&Dicfcers ev£R\J O*TH£R DRV 'TS N (PPee rm LOOKIHG T"He miseßY LifJe.. FO(?WPi(?D To GOING II IN TODF\y... o> FRiDay it s THC Giwvy TfcWM lITANOANO CO. LTD, IMI-INI fc\ck*— 7966
      32 words
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  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      103 11 FOR BITS AND BYTES Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, the TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
      103 words
    • Advertisement
      Page 11 Advertisements Column 2
      188 11 Tomorrow, BT profiles four training centres which are striding forward to serve their respective industries to ensure that the skills of the workforce are relevant to technology and to ensure that Singapore keeps that vital competitive edge in the international arena. MANUFACTURING JOINT-VENTURE BUSINESS OPPORTUNITIES IN INDIA Parties or manufacturers
      188 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon DAT is expected to create new markets
      762 12  -  i HI-FI By CATHERINE ARNST Reuter OIGITAL AUDIO JAPE (DAT) /could create new markets for a •broad range of consumer and professional products once it becomes widely available in the US and Europe next year. Few music executives and industry analysts in the
      Reuter  -  762 words
    • Article, Illustration
      Lock icon Sales of designer sunglasses booming
      1106 13  -  STYLE Since Brando donned a pair in The Wild One, sunglasses haven't needed any health gurus to earn them a place in the pop hall of modern accessories. Curiously, in the wake of increased warnings about the sun's ultra-violet rays, it's the designer items that
      FT  -  1,106 words
    • Article
      Lock icon Keen contest of Scrabble skills
      472 13 BOARDGAMES AP LOERA THOMPSON, an English teacher in West Germany, has been playing Scrabble for 20 years, mainly as a way to unwind. "I find it absorbing enough that it shuts out everything else." she says. "But I like to win. of course." The competition
      AP  -  472 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      900 12 I Where to entertain... Where to entertain... Where to entertain... Where to PLEASINGLY HYATT Discover the world of sensational Singaporean dishes in a buffet. Taste Singapore favourites and international specialities at Plum's, on Fridays and Saturdays. Dinner buffet only. Price: $22 llllllllllllllllllllf a 'A > y *i y. THE GREAT
      900 words
    • Advertisement
      Page 12 Advertisements Column 2
      231 12 i'!i 11 r?TT^n 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. > »<! rl\ \\l I l\ \l i \i \\i > \ki\ i;\11
      231 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      147 13 Ll entertain.... A I ll Unkai is a traditional Japanese restaurant offering such superb delicacies as sushi, sasbimi and teppanyaki For private parties there are four tatami rooms available. Lunch: 12/fmto3pm. Dinner. 6.30pmt0 11pm. Century l^iltagrajgn "—t* PRICES SUBJECT TO 10% SERVICE CHANGE AND 3% CESS x OLD STYLE SCAMPI.
      147 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      634 13 CRYPTIC PUZZLE ACROSS 1 Complain angrily about the weather (5) 6 Put preasure on tor half the race (5) 9 A lug no longer made of clay (7) 10 Go effortleaaly (5) 11 To have and to hold, »«y (5) 12 Certain sportamen'a sadness (5) 13 He spoils Henry, officially
      634 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1323 13 TV and RADIO Turkish delight OUR CHOICE THAT MAN IN ISTANBUL, 10.45pm, SBC 12 A comedy-thriller that might be worth staying up tor. An American scientist la kidnapped and the raneom eat at a million dollars. The deal ia supposed to take place in Istanbul but only the money changes
      1,323 words
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  • SPORTS
    • Article, Illustration
      Chance to win tickets to WBC bout
      475 14  -  BOXING By A SURENDREN THE BOXERS coming here for next month's World Boxing Council International super flyweight title fight will be having a zoo to support them. The popular zoo crew of 101.6 Radio Batam will be holding a daily quiz show from
      475 words
    • Article, Illustration
      Lock icon Vegas it is for Leonard-Duran bout
      376 14 AP THE MIRAGE became a reality on Monday as the site for the third Sugar Ray Leonard-Roberto Duran fight was announced: Las Vegas. The new US$63O million hotel-casino on the Las Vegas Strip, which is nearing completion, beat Trump Plaza in Atlantic City, New
      AP  -  376 words
    • Article, Illustration
      Lock icon Rain thwarts Australia's hopes
      473 14 Cricket AFP THE NOTORIOUSLY fickle Manchester weather denied Australia a four-day victory in the fourth Test on Monday against England. Rain, which washed out all the final session, kept the tourists waiting until yesterday to get their hands on the Ashes for the first time since
      AFP  -  473 words
    • Article
      Lock icon Maynard faces South African dilemma
      107 14 AFP MATTHEW MAYNARD, voted England's Young Cricketer of the Year last season, will make a decision in the next few days that may determine whether he will add to his one Test cap. Not only has the Glamorgan batsman been asked about his availability for
      AFP  -  107 words
    • Article
      Lock icon Britain stretches overall lead in Admiral's Cup
      294 14 YACHTING AP DENMARK placed first and third in the third race of the Admiral's Cup international yachting competition on Monday but host nation England raised its overall lead with three events to go. The 28-mile (45-km) inshore race favoured the bigger boats among
      AP  -  294 words
    • Article, Illustration
      Lock icon Chang overcomes Sampras in Volvo tournament
      370 14 TENNIS AP MICHAEL CHANG, in his first match since Wimbledon, defeated Pete Sampras 6-4, 6-4 on Monday in first-round play at the Volvo International tennia tournament in Vermont "I think that, being my first match back, it's a confidence booster," Chang aaid. "Today was
      AP  -  370 words
    • Article
      Lock icon Mayotte makes good on second chance
      406 14 AFP TIM MAYOTTE got a second chance against Brad Gilbert on Monday and used it to rally to a three at victory in the final of the U*****,000 Washington Tennis Classic. Mayotte, the top seed and world number 11, won 3-6, 6-4, 7-5 to
      AFP  -  406 words
    • Article
      Lock icon Morrell to run 1,500 metres for Britain
      241 14 ATHLETICS AFP BRITAIN overlooked the claims of middle-distance greats Steve Ovett and Seb Coe on Monday when they selected Tony Morrell as a late replacement to run the 1,500 metres at this weekend's European Cup. He is called up for Steve Crabb, who
      AFP  -  241 words
    • Article
      Hot tips on running the marathon
      438 14  -  *9 A SURENDREN FUEL WAS the topic at the Mobil Marathon Super Clinic held at the Hyatt Regency Hotel on Sunday. Not the volatile liquid that powers engines the Mobil way, but the stuff that keeps the human body going for long 42.195 km
      438 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Keppel Philippines chalks up 55pc rise in interim profit
      392 15  -  By KEVIN GWEE KEPPEL CORPORATION Ltd has enjoyed higher returns from its investments in the Philippines for the six months ended June 30. 1989. Keppel Philippines Shipyard Inc (KPSI), a 65-per-cent-owned subsidiary of Keppel, achieved a 54.9-per-cent increase in group after-tax
      392 words
    • Article, Illustration
      Low brothers file HK$44m suit against Ka Wah Bank
      518 15 THE FUGITIVE Low brothers who were formerly senior executives of Hongkong's Ka Wah Bank have filed a HK$44 million law suit against the bank. The writ filed by former Ka Wah Bank president Low Chung Song and CS Low Investment Ltd
      518 words
    • Article, Illustration
      IGB confirms buying 25m Berjaya shares
      503 15  -  AMOUNT REPRESENTS 11.9 PER CENT STAKE By WILLIAM CHIA PROPERTY and constructionbased IGB Corporation Bhd has confirmed that it is the buyer of 25 million shares or an 11.9 per cent stake in Berjaya Corp Bhd. IGB informed the Kuala Lumpur Stock Exchange yesterday
      503 words
    • Article
      Lock icon Setron wins M$10m deal to assemble buses for Mara
      417 15 Bernama SETRON (MALAYSIA) BHD has won a Mslo million maiden contract to assemble 25 buses for Majlis Amanah Rakyat (Mara) and the first batch of five buses will be handed over to Mara by the end of this week. Chairman Syed
      Bernama  -  417 words
    • Article
      UIS earnings for first six months rise 37pc to $2.1m
      335 15  -  By MAGDALENE NG SINGAPORE'S four closed-end investment trusts are expected to report better interim results it United International Securities' earnings announced yesterday is any yardstick to go by. The first of the four investment fund to post its results. UIS
      335 words
    • Article
      Bousteadco to buy Gould Electronics
      227 15 BOUSTEADCO SINGAPORE Ltd has agreed to buy the whole of Gould Electronics Pte Ltd for $98,399. The acquisition, which fits in with Bousteadco's growing controls and electronics business, is subject to fulfilment of certain conditions, which were not revealed. However, when Bousteadco agreed in February
      227 words
    • Article
      COMPANY BRIEFS
      471 15 CYCLE ft CARRIAGE Lid, replying to queries from the SES. said it has available banking facilities sufficient to meet the whole of its cash contribution of Ms 24 million for the purchase of the Kuala Lumpur Merlin for Msll3 million. However, the company said it intends to finance
      471 words
    • Article
      Lock icon Telekom to seek listing on KLSE
      285 15 Bernama SYARIKAT Telekom Malaysia (STM), whose performance has been impressive in the past two years, is planning to seek a listing on the Kuala Lumpur Stock Exchange soon. Disclosing this on Monday, Energy, Telecommunications and Posts Minister Datuk S Samy Vellu said judging from
      Bernama  -  285 words
    • Article
      YHS acquires vending machine operator for $1.3m
      272 15 YEO HIAP SENG Ltd has strengthened its position in the vending machine business with its takeover of Thong Ye Vending Machine Pte Ltd. The food group said yesterday it has acquired the entire share capital of Thong Ye comprising 500,000 shares for $1.3
      272 words
    • Article
      DIVIDENDS ANNOUNCED
      503 15 Current b Books Ma Total lor Totol tor poywwwl doto ctooo poyobto too year tool yoor Atox Hldgs 6%lbl Aug 29 S«p 8 S*p 26 6% 6% Avfcno I0%TEI» Oct I* Oct 26 Nov 15 10%TE 25%TE B Sombowong 35% tail Jul 21 Aug 2 Aug 14 3S%UI
      503 words
    • SES
      • Article, Illustration
        Profit-taking by uncertain investors depresses market
        1112 16  -  By JOSEPHINE CHAN MARKET participants yesterday came in for a bit of disappointment as uncertain investors took profits against a backdrop of mixed performances from the region's stock markets. "We were more hopeful that the market would have steadied itself after a fairly widespread
        1,112 words
      • Article
        Unit trusts
        305 16 Managers' prices for Aug 2 a a Royal Trust Sec Asia CT S'poro Gf Fund 0.845 0.905 IT A*o Poc Gf Fund Ml 1.16 Singapore Unit Trust tlw CoMMfca 1.17 1.24 tko Savings Fund 106 I II S por* frog Fund 0.47 0.51 J pore $k Fund 074
        305 words
      • Article
        COMPANY MEETINGS
        59 16 SINGAPORE AIRLINES LTD: 17th AGM at the Bencoolen Room, 4th Level, The Westin Stamford West in Plaza. 2 Stamford Road, Singapore 0617, on Aug 5, Saturday, at 11.00 am. HARRISONS MALAYSIAN PLANTATIONS BERHAD: 13th AGM at the Kelantan Room, Basement 2. Shan-gri-La Hotel, 11 Jalan Sultan Ismail, *****
        59 words
    • Article
      SES SHARE INFORMATION
      6147 16 Gr*a Qr's 1989 Tal Last Vol Day Laat Q uota D»v Dtv Vld Nat M Cap mgn LOW Cod* Company Sale +or('000) UUI ***** k Low Buyer !A|| Pwllwl C'vr P/E SmU AUG 01 SE80AQ 168 120 1 4000 Amtek Eng 20* 156 -1 6 157 156
      6,147 words
    • KLSE
      • Article, Illustration
        KL prices end lower
        3563 17 PROFIT-TAKING pared early gains on the Kuala Lumpur stock market yesterday causing share prices to finish tower across the board in moderately active trading. Dealers said the decline was within expectation aa the market had been on an uptrend tor sometime. Lower liners continued to gsrner
        3,563 words
    • REGIONAL MARKETS
      • Article
        Lock icon Tokyo rally: is triple merit at work?
        483 18 Reuter MINI-TRIPLE MERIT, new twist to an oM theme, is the widespread explanation of the latest rally in Tokyo aharea, but some brokers and analysts asy the idea ia just a concoction to sell stocks. Turnover hss ballooned end ahare pricea have soared
        Reuter  -  483 words
      • Article
        Lock icon Bangkok: Lower in quiet trading
        154 18 Reuter THAI stocks closed lower •cross the board yesterday after a quiet anal on which was given a slight boost by last-minute buying of smaller, speculative issues. The SET Index fell 7.46 points to finish st 610.67. Lossre outnumbered gainers 106 to 10. Most ectively
        Reuter  -  154 words
      • Article
        Lock icon Taipei: Record turnover
        334 18 Reuter THE TAIWAN stock index finished slightly lower yesterday after a seeeion of volatile price swings that saw turnover surgs to a new record for Iho second straight day. dealers said. The Weighted Index lost 31.23 points, or 0.33 par cent, to close at 0,472.06 againet Monday's
        Reuter  -  334 words
      • Article
        Lock icon Bombay: Strong rally
        187 18 Reuter BOMBAY share price* yesterday rallied strongly, after an unsteady start on heavy buying by stateowned investment truete, brokers said. Political developments continued to affect sentiment after an official report recently pointed out irregularitiee in a gun deal that Prime Miniater Rajiv Qandhi's government signed with Bofors
        Reuter  -  187 words
      • Article
        Lock icon Seoul: Thin trading
        138 18 Reuter SEOUL STOCKS cioeed lower in thin trading yesterday as investors, nervous about the markets lack of strength, kept to the sidelines, brokers said. The Composite Index shed 4.88 points to ctoee at 880.98 with turnover a light 137.7 billion won against 246.3 billion in the previous
        Reuter  -  138 words
      • Article
        Lock icon New Zealand: Firmer
        97 18 Reuter NEW ZEALAND share prices doeed firmer yeeterday in quiet trade and the Barclays Index rose 19.82 points to 1,983.79. "I still think the rise in the Barclays disguises just how strong the market is," one broker said, adding that he expected stocks to rise further this
        Reuter  -  97 words
      • Article
        Lock icon Manila: Profit-taking
        150 18 Reuter PHILIPPINE SHARES yMterdsy continued to drop for the second day In a row on further profit-tak-ing ahead of President Corazon Aquino's trip to Brunei today. The Manila Stock Exchange Composite Index slipped a further 18.74 points, or 1.6 per cent, to 1,149.46 points Fe Paller of Clttaocurtties
        Reuter  -  150 words
      • Article, Illustration
        Lock icon Prices end mixed
        1267 18 Hongkong AP. DBS Securities SHARE PRICES on the Hongkong stock exchange clooed mixed in moderate trading yesterday. The market opened firm on the back of a poeltlve Wall Btreet dosing. News Of arKHner iuccmi ful sale of Nan Fung'a Kwai Chung Plaza added impetua to property In
        AP.; DBS Securities  -  1,267 words
      • Article, Illustration
        Lock icon Slightly higher
        450 18 Sydney Reuter THE MARKET closed slightly higher yeeterday on underlying support and offshore buying intereet following a 25-point gain on Wall Street overnight The All Ordinaries Index doeed 5.7 higher at 1,838.3, but was off Its earlier high at 1.642 J. Dealers said the market had failed to
        Reuter  -  450 words
      • Article, Illustration
        Lock icon Broadly easier
        464 18 Tokyo Reuter INVESTORS applied the brakee yesterday to the etockmarket attar Monday's sharp gaina by taking proftta, caualng prtoaa to doee broadly sasisr in modarala trade. "Prices have bean moving too faet," said Takahtde Furuhaahi, market analyst tor OB Capital Markets (Asia) Lid. "The besfc bend is up,
        Reuter  -  464 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow chalks up 25-point gain
        825 19 New York Reuter WALL STREET stocks chalked up a sharp gain on Monday, as a lata flurry of futures-related buying pushed blue chipe to another new poet-Crash closing high. Intereet in some speculative issuee and gains in the drug and technology sectors boosted the market.
        Reuter  -  825 words
      • Article, Illustration
        Lock icon Shares edge lower at noon
        880 19 London AP. AFP LONDON share prices were lower at midday yesterday, sa technically motivated selling drove the market downward. Shares opened on e weak note, moved higher and then drifted back again. Dealers complained about the lack of volume and the dearth of real investment
        AP.; AFP  -  880 words
      • Article
        Lock icon British Telecom pays US$355m for McDonnell businesses
        489 19 FT BRITISH TELECOM has agreed to pay US$355 million to McDonnell Douglas, the US aeroepace company, for its data communication* and value-added service* businesses. These businesses, which are centred on the Tymnet Public Data Network, will make British Telecom one of the leading
        FT  -  489 words
      • Article
        Lock icon New orders bring Airbus A321 closer to launch
        264 19 Reuter A RUSH of orders in July for Airbus Industrie's proposed A 321 promieee a bright future for the new short-to-medium range airliner which ie likely to get ita official go-ahead in September, industry analysts say. Last Thursday saw 28 orders. Spain's
        Reuter  -  264 words
      • Article
        Lock icon Surge in Sandoz registered shares puzzles analysts
        494 19 Reuter A STEEP RISE in the price of Swiaa chemical concern Sandoz Ag'a regiatered aharee since the end of last year haa puzzled analysts. Registered sharea are kept for Swiaa inveetors and ueuaJly trade at a heavy discount to bearera, open to foreigners.
        Reuter  -  494 words
      • Article
        Lock icon Bjorn Borg says his company will carry on in US, Asia
        194 19 AFP FORMER tennla champion Bjorn Borg said on Monday that his Bjorn Borg Deaign Qroup (BBDG) company, which filed tor bankruptcy last wask, would continua trading in tha US and Aaia. In a communique sant to tha Swadiah TT
        AFP  -  194 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1454 19 Reuter BRUSSELS: Shares traded firmer across ths board st midsession yestsrdsy ss fslling intsrest rstes snd Wsll Street's sharply higher cioae spurred investor confidence. "There's reel demsnd for s changa. Wa re optimistic sbout the outlook," ssid ons dssler. Dealers ssid the market was encouraged by the
        Reuter  -  1,454 words
    • Article
      Y K Pao's consortium wins HK's cable TV franchise
      507 20  -  HKCC TO SPEND UP TO HKssb BUILDING SYSTEM By FOO CHOY PENG A CONSORTIUM ltd by Y K Pao's The Wharf (Holdings) yesterday clinched the government franchise for Hongkong's first cable televiaion in a closely-fought race with rival Hutchinson Cable Vision.
      507 words
    • Article
      Wharf posts HK$1.1b after-tax profit
      377 20  -  by FOO CHOY PENG THE WHARF (Holdings) group yesterday announced a HKSI.I billion after-tax profit for the year ended March 31. 1969. This was 10.4 per cent higher than the year before. The results were somewhat lower than the 20 per cent profit growth forecast
      377 words
    • Article
      Lock icon Anwar frowns on reliance on govt aid
      353 20 Bernama UMNO VICE-PRESIDENT Anwar Ibrahim yesterday hits out at bumiputra businessmen for what he regarded as their growing dependency on the government. Mr Anwar, who is Education Minister, said despite the 19 years of the New Economic Policy (NEP), it had been found
      Bernama  -  353 words
    • Article
      Lock icon KL electricity board: plan to allow 25pc foreign stake
      291 20 Bernama FOREIGN INVESTORS would be allowed a 25 per cent equity participation if the National Electricity Board (NEB) goes into privatisation, Energy, Telecommunications and Posts Minister Datuk Seri S Samy Vellu said in Kuala Lumpur yesterday. He said foreign investors would
      Bernama  -  291 words
    • Article
      Lock icon Post-1990 policy to be called NDP?
      125 20 Bernama SUGGESTIONS have been forwarded to the Malaysian government to term the post-1990 economic policy as the National Development Policy (NDP). This was the consensus of participants comprising industry leaders and senior government officials at the end of a two-day conference yesterday on "Post
      Bernama  -  125 words
    • Article
      Lock icon Ghafar explains land code
      95 20 Bernama MALAYSIAN Deputy Prime Miniater Ghafar Baba aaid that the government is prepared to amend the national land code if the provision on foreign ownership of property in the country poses a threat to the people. He, however, said that the provision in the code which
      Bernama  -  95 words
    • Article
      Lock icon Aquino signs Muslim autonomy act
      262 20 AFP PHILIPPINE President Corazon Aquino signed an act yesterday offering political autonomy to the country's Muslim minority in the hope of ending a conflict that claimed more than 60,000 lives at its peak. A spokesman for the Arab-backed Moro National Liberation Front (MNLF), which led
      AFP  -  262 words
    • Article
      Lock icon Second US hostage faces death
      282 20 Agencies A SECOND US hostage faced the threat of imminent death yesterday, a day after pro-Iranian kidnappers said they hanged Marine Lieutenant-Colonel William Higgins to avenge Israel's abduction of a Muslim leader. In Washington, President George Bush issued a statement late on Monday urging all
      Agencies  -  282 words
    • Article, Illustration
      Lock icon Asean leaders arrive in Brunei for 'coming of age' celebration
      469 20 AP LEADERS of five South-east Asian nations join Malay royalty and other dignitaries today in celebrating the "coming of age" of the crown prince of Brunei. The festivities actually began on July 30 but reach a high point today when
      AP  -  469 words
    • Article
      Lock icon Thai, US officials discuss trade 'hit list'
      177 20 AFP SENIOR THAI and US officials ended a two-day meeting yesterday during which they discussed Thailand's inclusion on a US hit list of unfsir trading partners, officials said in Bangkok. The meeting, which began on Monday at Pattaya resort, 100 km south-east of
      AFP  -  177 words
    • Article
      Lock icon Spending on defence not at development's expense: Ghafar
      262 20 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba said yesterday that the government placed emphasis on national development to raise the people's living standards while at the same time according priority to the country's defence. The importance of national defence should not be
      Bernama  -  262 words
    • Article
      Lock icon Natwest's pre-tax profit falls 50pc
      107 20 AFP NATIONAL Westminster Bank, Britain's biggest deposit bank, yesterday announced a 50-per-cent fall in its pre-tax profit to £352 million (US$5BO million) for the first aix months of this year, compared to the same period Isst year. Last year, the bank posted s pre-tax interim
      AFP  -  107 words
    • Article
      Lock icon LDP leaders look unlikely to relinquish power
      432 20 AFP DESPITE a setbsck in Senate elections and calls for rejuvenating its leadership, the factional leaders of Japan's ruling Liberal Democratic Party (LDP) appear determined to maintain their hold on power. And Prime Minister Sousuks Uno yesterday officially announced his resignation, enabling the
      AFP  -  432 words
    • Article
      Lock icon Comex gold and silver
      93 20 Reuter COM EX gold futures had small losses in thin but nervous early business yesterday reflecting the lack of dollar direction and news on the Mid-East hostage crisis. Spot August was off US$O.lO at U*****.40 an ounce and the December lost US$O.6O at U*****.10. Comex silver
      Reuter  -  93 words
    • LATE FILE
      • Article
        Lock icon Fed eased credit policy: Greenspan
        61 20 Reuter FEDERAL Reserve Board chairman Alan Qraanapan •aid tha central bank eased it* cradit policy again laat week. in tha lateat stage of a relaxation of policy that began in early June. He was delivering his semiannual Humphrey-Hawkins report to the Senate Banking Committee on
        Reuter  -  61 words
      • Article
        Lock icon Ronald Li faces fresh charges
        35 20 Reuter HONQKONQ prosecutors dropped s corruption charge againet the colony's former stock exchsnge chairman. Ronald Li. but added three additional bribery charges when Li sppesred in a magistrate's court yesterday.
        Reuter  -  35 words
      • Article
        Lock icon Pirated software vanishes
        30 20 Reuter PIRATED versions of US com put# r software disappeared from Jakarta stores yesterday after new copyright regulations to protect intellectual property took effect in Indonesia. Reuter
        Reuter  -  30 words
      • Article
        Lock icon US, Philippines sign aid accord
        47 20 AP PHILIPPINE and US officiate yesterday signed an agreement on US$2lB million in aid to help pay interest on the Philippines' debt and support its national budget The US grant is part of a US$4O6 million aid for 1968 to 1960. AP
        AP  -  47 words
      • Article
        Lock icon First bankruptcy since 1949
        40 20 Reuter A FIRM in Shanghai haa been declared bankrupt, the firat auch caae in the city aince 1949. The Economic Daily said a court in Hongkou district on July 26 declared Xinguang Hardware Factory bankrupt. Reuter
        Reuter  -  40 words
      • Article
        Lock icon Burma shifts to private enterprise
        55 20 Reuter THE military rulers in Burma (Myanmar) yesterday confirmed their intention of shifting the economy from state control to greater private participation. An editorial in the government-controlled Working People'a Daily said the private sector was "being given priority in our economy, which is also being
        Reuter  -  55 words
      • Article
        Lock icon Lowest jobless rate in 7 years
        60 20 AP JAPAN'S seasonally adjusted unemployment rate in June fell to 2.2 per cent the lowest level in seven years, the government announced yesterday. The Statiatica Bureau of the Prime Miniater'a Office said the number of jobholder grew by 1.33 million from a year earlier,
        AP  -  60 words
      • Article
        Lock icon No smoking on domestic flights
        29 20 AFP THAI Airwsys International haa banned smoking on domestic flights effective yesterday, a spokeswoman said. The move ia part of an antismoking campaign. AFP
        AFP  -  29 words
      • Article
        Lock icon Top-level shakeup in Thai railways
        51 20 Reuter THE Thai cabinet sacked the general manager and sevenmember board of the state railways on Tuesday after three fatal accidents in two months. The cabinet named Somchai Surachrln general manager in place of Cherd Boonyaratvej five days after the latest accident killed 13 passengers.
        Reuter  -  51 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      83 15 A RENGO INDUSTRIAL (ASIA) PTE LTD One of the major packaging companies in Japan requires:CONFIDENTIAL SECRETARY for their Singapore Office in Ocean Building. Some knowledge in accounts Diplomatic, tactful with pleasant disposition Experience in similar capacity with ability to work independently 5-day-week Preferably able to speak Japanese Attractive salary Interview
      83 words
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      Page 15 Advertisements Column 2
      89 15 CURRENCY INVESTMENT \MI Rl( I \I'KI ss H \\k TEL: 321 3333 MICROGNOSIS IS SPREADING ALL OVER! Today, more than 12,000 traders from New York to Tokyo are using Micrognosis systems to get a competitive edge in the world's financial markets. And that number is growing every day. (Our sales
      89 words
  • Page 15 Miscellaneous
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      587 18 T F < NOTICE NOTICE IS HEREBY GIVEN that, I Tan Soo Beng of Block 335-A Smith Street, #21-61, Singapore 0105, have applied for a Public House, First Class licence in respect of premises at M/s Sushi Tama Pte Ltd at 6, Raffles Boulevard #02-200, Lot No. 7 8, Marina
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      Page 18 Advertisements Column 2
      509 18 In the Matter of The Companies Act, Cap. 80 In the Matter of COLORCODE SERVICE PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court #04-15, Singapore 0617 on Monday, the 31st day of Jaly, 1989 at
      509 words
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      Page 18 Advertisements Column 3
      514 18 In the Matter of Hie Companies Act, capjo and In the Matter of UNIPRBBS (8) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Colombo Court #04-16. Singapore 0617 on Monday, the Slat day of Joly. 1986 at
      514 words
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      Page 18 Advertisements Column 4
      233 18 THE COMPANIES ACT. CAP 30 CAMSfUOOC COMPUTE* CENTRE PTI LTD (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 2S JULY ISSS At an Extraordinary Oanaral Maatlng of tha company held at Stock 20# New Upper Changi Road *03-o*3 Singapore 16«J on 28 July ISSB tha following Special Resolutions were (a) That
      233 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      154 20 WHY START AT THE BOTTOM WHEN YOU CAN START AT THE TOR No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our services. Residential and Commercial Property Loans Hire
      154 words
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      Page 20 Advertisements Column 2
      218 20 Major US Bank Deputy Representative 1 1 (Ref 924) Around $75,000 Our client is a major US bank which has a significant presence in the Asian region. This region represents one of the faster growth markets for the bank as a whole and the bank is committed to developing the
      218 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Rig capsizes in bid to escape storm
        66 21 AP AN OIL RIG capsized on Monday as it headed inland to escape a storm in the Quit of Mexico, and as many as nine workers were feared trapped inside. A US Coast Guard officer said four of the 13 workers believed to
        AP  -  66 words
      • Article
        Lock icon Ships collide off Chittagong
        45 21 Reuter THE BRITISH BULK CARRIER Ulla collided with the Bangladeshi lighter Banglar Kiron off Chittagong on July 27 due to bad weather, Lloyd's Shipping Intelligence service said. Both the 29,399-dwt Ulla, carrying bulk wheat, and the 13,468-dwt Banglar Kiron reported damage.
        Reuter  -  45 words
      • Article
        Lock icon Bulk carrier refloated
        54 21 Reuter THE LIBERIAN BULK CARRIER El Amaan has been refloated at Mangalore, India, after settling on soft mud, but has been unable to leave the port due to obstruction, Lloyd's Shipping Intelligence Service said. The 75,686-dwt veesel has, therefore, been brought back to the lagoon where it
        Reuter  -  54 words
      • Article
        Lock icon Saudis reject Australian sheep
        66 21 AFP SAUDI ARABIAN authorities have turned away two ships carrying 182,000 live sheep from Australia claiming they might be diseased. Australian Primary Industries and Energy Minister John Kerin said in Canberra yesterday that an Australian veterinarian in Riyadh had found no signs of disease, however, and
        AFP  -  66 words
      • Article
        Lock icon Tanker aground in Venezuela
        54 21 Reuter THE LIBERIAN TANKER Atlantic Amity is aground at Maracaibo, Venezuela, loaded with Venezuelan crude oil, Lloyds Shipping Intelligence Service reported. Another tanker will go alongside tomorrow to transship 10,000 tons of cargo and an attempt to refloat the stricken 89,696-dwt vessel will be made tomorrow
        Reuter  -  54 words
      • Article
        Lock icon Calcutta open, says Indian official
        94 21 AFP INDIA HAS NOT CLOSED the port in Calcutta and the supply of oil to Nepal is uninterrupted, an Indian official said on Monday. The state-run Indian Oil Corporation (IOC) had previoualy threatened to curb its operations in the Budge Budge area south of Calcutta
        AFP  -  94 words
    • Article
      Lock icon Storm forces closure of American offshore oil port
      136 21 Reuter THE LOUISIANA Offshore Oil Port (LOOP) was closed down on Monday as Tropical Storm Chantal approached the area. In New Orleans, a spokesman for LOOP said the offshore marine terminal was closed and the operation was now in phase three, which
      Reuter  -  136 words
    • Article
      Index to advertisers
      1074 21 A3C Conn—lUw 3 Accord Slipg V* 3/4 Att XM 9 AV*U Uaar n 3 AC Tooptar xa 3 AxricM NhfW n 4 Arrow Ims 4 A*oc Carriage XM 3 ANl i/a AfC Um VI 4 An J-J Asa V 1 Altai Um n 4 BaH Conoda Um
      1,074 words
    • Article
      EAC becomes latest line to offer Vietnamese service
      500 21  -  JOINT VENTURE AIMED AT THROUGH SHIPMENTS TO AUSTRALIA By LINDA CHEE THE SLOWLY RECOVERING Vietnamese economy is drawing quite s number of foreign container carriers to its shores. The Isteet is Danish shipping compsny EAC, which will start shipping refrigerated food in
      500 words
    • Article
      West German port operator undaunted by Ace move
      279 21 THE WEST GERMAN PORTS of Brsmen/Bremerhaven are optimistic that cargo traffic will not be affected by the Ace group's decision to stop calling at these ports. Port operator Bremer Lagerhaus Qessellschaft (BLQ) is confident the "strong" position of Bremen forwsrders and current
      279 words
    • Article
      Oakland seeking funds for terminal
      266 21 THE US WEST COAST port of Oakland has sent out feelers to the shipping community about private funding of s US$66 million container terminal it is planning to build by 1801. By seeking private inveetments rather than dipping into Its own pocket the port authority
      266 words
    • Article
      UNDP likely to seek S'pore help in regional port safety programme
      322 21  -  By AL O LABITA Jr SINGAPORE, considered the most advanced in port and shipping operations in the Aaean region, ia being eyed by the United Nationa Development Programme (UNDP) to lead in promoting port safety and efficiency in the
      322 words
    • Article
      Lock icon Sanko files restructuring plans with Tokyo court
      313 21 Reuter SANKO STEAMSHIP Co Ltd, under court protection from its creditors, filed rstructuring plane with the Tokyo DMrtot Court on Monday, hoping to start the procasa on Nov 1, a spokesman for Sanko's receivers said in Tokyo. Onca tha world's largeet tankar operator,
      Reuter  -  313 words
    • Article, Illustration
      Box leasing fleet forecast to grow by 10pc
      838 22 Investment of nearly US$l b to be made in current calendar year THE INSTITUTE of International Container Lessors (IICL) has released the results of its first annual survey of the leased container fleet. It indicates that the world's container leasing fleet will
      838 words
    • Article
      Lock icon Boom in orders for container manufacturers
      746 22 Lloyd's List International THE CONTAINER manufacturing business is witnessing a period of almost unprecedented activity. In the past 12 months, moat factories, particularly those in Asia, have been working close to full capacity as demand has outstripped supply. This container building boom will continue
      Lloyd's List International  -  746 words
    • Article
      Container schedules/ships in port
      1624 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARQO Ship Voy Arrival Transtainer Schedules Blk Op Gdn Date/Time Time From Time To Booking 4 Sate Oocl freedom 26 *****9 1900 02/1100 02/1200 Tlx/Fax 2 A5 00 F05 03/0230 03/0300 NA 2 02/1200 02/1230 Tlx/Fax 2 C5 03/0200
      1,624 words
    • Article
      Busan conference to tackle pressing issues
      393 22 A MAJOR international conference to be held in Busan, South Korea, next month will explore the greatest puzzle now facing the world's shipping industry when will the promised boom in new shipping tonnage get underway? Asian Shipbuilding in the *****, a special three-day conference,
      393 words
    • Article
      Sea-Land unit offering two new European services
      234 22 TRANSPORT LOGISTICS SERVICE (TLS), an operating unit of SeaLand Service, has introduced two new services in Europe to cover northern Greece and western Mediterranean. The northern Greece service offers a bi-weekly sailing from Salonika, calling at Naples, Algeciras, Rotterdam, Felixstowe, Lisbon, Algeciras, and
      234 words
    • Article
      Lock icon Weekly freights
      647 22 AFP SENTIMENT IMPROVED in the freights market over the last week, encouraged by better rates paid to owners on the important US Gulf-to-Japan grain route. The Baltic International Freight Futures Exchange's Baltic Freight Index (BFI) climbed 13 points to 1,389 points. A 52,000-tonne vessel obtained U5521.75 for a
      AFP  -  647 words
    • Article
      Billion-dollar modernisation plan for Indian ports
      224 23  -  by Shirish Nadkarni THE GOVERNMENT of India is expected to allocate a massive 30 billion rupees (553.5 billion) during the course of the country's Eighth Five-Year Plan (1991-95) for the modernisation of 11 major ports, according to the Minister of State for Surface Transport,
      224 words
    • Article
      London Freights
      1163 23 THE US GRAIN freight sector of the market on Monday remained fairly quiet, although! the Baltic Freight Index, which is 00 per cent made of US grain business, roee a further four points 1,393. Reports that a firmer US$22 25 was reported fixed for grain from the Gulf
      1,163 words
    • Article
      SHIPPING LIST where your ships are due...and when
      10867 30 aeraßsxiEß A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      10,867 words
  • Page 21 Advertisements
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      27 21 A lively way with words Avotobh at af good bookthofm r advertising and circulation enquiries, please call Buainess Times, I: *****11, Fax: 253-2021, Tlx: RS ***** BTAD
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      Page 21 Advertisements Column 2
      17 21 Lines and services represented by Members of the Registry ol Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 21 Advertisements Column 3
      259 21 "The Illustrated Encyclopedia of WildUfc" ldli)c n Fortnightly *t all good c EASY ACCESS <1 OSM m m x <\ s f Europe is today s major market challenge. To approach 320 million consumers you need the most strategic access point. To reach them you need the most efficient distribution
      259 words
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      Page 21 Advertisements Column 4
      126 21 Box leasing fleet to grow A SURVEY by the Institute of International Container Lessors indicates that the world's container leasing fleet will increase by around 10 per cent this year, and suggests quits strongly that the leasing companies are taking firm stepe to alleviate any container shortage In the industry.
      126 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1395 23 OOCL Di!cliccifc*ci to st'»vu:^ JARDINE SNIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint, Singapore 0208 Til *****11 TELEX NO RS ***** TERMINAL/CFS T«4 *****11 220 BOOKINGS Tel *****34 23S PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 Telex No. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL
      1,395 words
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      Page 23 Advertisements Column 2
      1328 23 MAERSK LINE "Port "Penang KMng DESTINATIONS Thle Marchan M MM Ctaalng Time CY 7/8 2300 HAS CFS 7/8 1300 MBS MARC HEN M LEIS£ M MARGRETHE M METTE U LARS M REOINA M LAURA M LEXA M ft/8 9/8 15/8 16/8 22/8 23/8 29/8 30/8 5/9 6/9 12/9 13/9 19/9
      1,328 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      802 24 w Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P. KELANG SOUTHAMPTON M HAMBURG I BHEMERHAVEN ROTTEROAM/ ANTWERP ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN. AARHUS, GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT ALASKA MARU 05/487 BREMEN EXPRESS 92/457 LAHGS BAY 16/468 LIWRRPCXX. BAY
      802 words
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      Page 24 Advertisements Column 2
      390 24 0 COLUMBUS LINE REEDEREI GMBH {A SERVICE OF HAMBURG SUD) \y EXPRESS SEMI CONTAINER SERVICE TO NORTHBOUND TO UKC SOUTHBOUND TO PAPUA NEW (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE COLUMBUS NIUCINI VBS 17/1 Port Moresby. Lae, Ri MORAYBANK VI2S 5/9 Port Moresby, Lm. Ri Port Moresby, Lm, Rabaul, Port Moresby, Lae,
      390 words
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      Page 24 Advertisements Column 3
      931 24 TO EUROPE NOftASIA MUBARAK 019-3 NOR ASIA AL-MANSOORAH 1920-3 JAPAN SEA 921W NORASIA SUN 5922-3 Also accepting cargo to ill U.K. I Antarp via Rotterdam Bremen via Hamburg 1 REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEKIt) PEN PKL SIN FIX HAM BRE ROT ANT LEH »-3 2/1 3/1 4/8 29/8
      931 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1206 25 Steamers Maritime Holdings Ltd P&O Containers STRAITS SHIPPING I CONTAINER SERVICE TO UK CONTINENT ROTA HAWAII PtCASUS PIONEER HAJ HUI PEGASUS PROCRESS BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****00 CONTAINERSHIP SERVICE FROM UK CONTINENT H'byri B'havan R"<Mm Ldi S'ton PKtaof S'pora H'Konf Kao ALASKA MARU SaM SaM S»M SaM SaM
      1,206 words
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      Page 25 Advertisements Column 2
      989 25 Ia.CHO YANC LINE ■MEM WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE HANJIN HASAN MK HANJIN LEHARVE MS QUEEN'SWAY BRIDGE 00K CNOYANG PARK MX Alio accepting lor Inland UK dntinatiom Antwerp and Scandanavian porta. Ldf lor HK/KAO/KOet/YOKO/RUSAN FMG O FIOIA MERCANTE GRANCOLOMBIANA SA (NATIONAI LINE OF COIUMbIAi A VSI
      989 words
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      Page 25 Advertisements Column 3
      286 25 Ha/ Sun Hup Co (Ptc) I tri 11 STRAITS/ JAPAN/ STOUTS SERVICE SPECIALIST IN RO-RO A HEAVY LIFT! INTERMARITIME SOUTHERN AFRICA SERVICE •Also call* E.L. P.E. GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD. SINGAPORE TEL: 22MM SUt AGENTS: PMT^WLLMK KOTA KINABALU TEL 221* KUALA LUMPUR TEL: M2C2K JAKARTA TEL
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  • Page 26 Advertisements
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      614 26 Y HI SINOSE MARITIME PTE LTD 01 ISLAMIC REPUBLIC OF IRAN SHIPPING LINES LVICE 20 AUG BANDAR ABBAS KYOWA LINE MTNOOUONQ KYOWA FAST DIRECT B/BULK/COffTAMER SERVICC FROM B'PORE/PK TO GUAM/SAP AM AND MICRONESIA PORTS* ETA SPOKE LOAD FOR SPARKLE VI ETA 31 AUG GUAM. SAIPAN AND MICRONESIA PORTS* INCRONESIA PORTS
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      Page 26 Advertisements Column 2
      512 26 (p) HANJIN SHIPPING FULL CONTAINER SERVICE I TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST HANJIN TONC HA£ MM HANJIN ROTTUOMI OM CHOYANC CHANCE MJK TO FAR EAST PORTS TO PACIFIC NORTrI WEST CANADA fpn H lUnf lUmMi Kate Ydu Iktui HANJIN HASAN NX 7/1 I<VS 11/1 U/1 1V»
      512 words
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      Page 26 Advertisements Column 3
      105 26 INTEROCEAN LINE 78, 2nd Floor, Jolon 2/71, Toman Tun Or. temoll, ***** KL. Tol: *****34, ******4, 71*722* TLX. NO. MA-***** FAX: 03-7179*11 Ponang Off: Tol: 3*0427, 3*0402 ACCEPTING CARGOES FOR THE FOLLOWING PORTS GUANGZHOU MARITIME r TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG PORT
      105 words
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      Page 26 Advertisements Column 4
      834 26 »,w,, .WW f! EVERGREEN %ZZ* Round-The-World East Bound (FE/CARIB/pSEC/EURO/FE EVU GARDEN EYH GROWTH EVU GRAND EVER GIFTED EVER GREET ALSO ACCEPTING I U PROVWNCE. I vm mi Tvh wo a* SSoi Si m :m iiM or a« u m n« nS i& 25 SS SS SS lis WWOMIUISwIiSM^ •55 2S
      834 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      792 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES VOY SIN JKT MY VOY HKO IB PI 4m 43NS 1M im im mm tan km tan tan aan im m m ACCCFTWM MUftURAN/TOMAKOMAI/HfT ACHVTOY AMA I 11/S VIA HKO im tin SIM M IM
      792 words
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      Page 27 Advertisements Column 2
      350 27 \r% SEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT CXIH Ifi rnlj *T1 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT MP UH a. re. a Ntt. MO mm. aire, u mk. m re TASMAN ASIA SHIPPING PTE LTD ornct u. mm road 0K43 KEPPEL NOUS SINGAPORE M TIMBER/BREAKBULK SERVICE INDIA MM SPORE
      350 words
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      Page 27 Advertisements Column 3
      345 27 pern M»,, 111, iOtiur !>ii JEfcte ~4&' Hf "fit'm K9" f *•?Yf fc i •V i.. vsl/vot spore trRUR6| URONTAKfIMR IMM MA (ACCEPT!*; owvintkwial AW CONT/UNEXtSED CAMO) t panjam/zmi am W CONTAINERISED CARGO) MWIJATAO7M g-ao W» O/M (ACCEPTING CONVENTIONAL ANO CONTAINERISED CAMO) MMjMMMWirtv MJO AWnK BOTH CONTAM TO UK PORTS.
      345 words
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      Page 27 Advertisements Column 4
      352 27 BOUSTEAD SHIPPING AGENCIES MYOMAYVA HPAAN VM2 MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon pore P.Ktlang Penary Bangk u Aui WIA* maim FTf THE BANK UNE Villain CATHERINE M §-12/1 CLYDEBANK V2SN 14/1 TAMAITAI SAMOA VttN 20/9 FORTH BANK V2SN 13/10 SPORE RDAM HMBG HULL 9-12/1 10/9 16/9
      352 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      971 28 Kline k WVASAKI KIM N K \ISII V LID OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE FEEDER VESSEL OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE FEEDER VESSEL SEVEN SEAS BRIDGE HONGKONG CONTAIN HUMBER BRIDGE NEPTUNE ZIRCON OOCL HOPE NORMANDIE BRIDGE
      971 words
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      Page 28 Advertisements Column 2
      532 28 AUSTRALIA EXPRESS CONTAINER SERVICE Actap«ng FCL/FCL CwMww INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* KALIOAS V.43H* TULSIOAS or KALIOAS V 44H* TULSIOAS V.W KALIOAS Aen*tint optoMl Moth* V* Bi fmtm B» F«*r 21 A* IS Au| IS Au( IS Sapt Sac* tsm t Oct 30 Sac* 30 Satf 11 Oct
      532 words
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      Page 28 Advertisements Column 3
      353 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD W N a Tt*«* kftt Strwt I S4NCAra«( 01<M Til U4IW (11 lINCS) Fn ****** STRAITS/PERSIAN GOLF SERVICE: Ston P. Mw« P««l ssss-cssssssr jsos CMMOWCt BAI ru* SHAH Hmhbm ta Nft CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA h» an
      353 words
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      Page 28 Advertisements Column 4
      445 28 EAST/HI EAST Fd ft LCI ETA SINGAPORE tSSJ lI.'miI.'MIM DUBAI DAMAN. KUWAIT, DONA, MUSCAT, BAHRAIN AM DHABI A SNARJAN J DAM K KONG. KOBE TOKYO. KEELUNG. KAOHSIUNC, MANILA, BANGKOK. BUSAN. JAKARTA COLOMBO, KARACHI. MADRAS. CALCUTTA EAST/WEST AfTAfm, Fd ft LCI aid ISA Fd ft Ld tt Is LDN, F'STOWE. S'TON.
      445 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1090 29 NEPTUNE AGENCIS PTE. LTD. EmimM Ft tU/AUST TPA/SfA 27W77 *****0 27K742 *****19 *****16 *****11 *****41 (CR NO. 133O074OOOOE) WFIJE SON M> MXJX 2MMC M-seo ami (***** NEPTUNE ORIENT LINES LTD EXPO T I M P R T \1 4 i A«, I 1»J A« ma my* ot KP PEC PIN
      1,090 words
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      Page 29 Advertisements Column 2
      767 29 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SiNSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/1 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2SIOI IS HAI TNONC SNIPPING 127 PMMgStmL Mttop» JAYAPON KIMI T«fc MA 40CM. CUOANG f I SMimNC AGCNCY SM
      767 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      239 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTO. Til 225 6868 (34 Lmcs) FA* *****39/224*976 TELEX: RS ***** A/8 SSCMA. RS ***** A/8 SSCAO DSR-LINES l INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft North continent europe OUTBOUND FAHftUND VI/19 »in 1 1'-'ingTiglOßTja-jO T. WENDA ZW N. CEQELSKI VSN in;:
      239 words
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      Page 30 Advertisements Column 2
      302 30 tiS FLEET SHIPPING PTE LTD 20 Maxwdl Road #11-10, Kaxwdl Houm Singapore 0106. T«l: *****07, 221-3W FAX 7 *****50 (CR No **********R) TLX RS ***** FLTSHIP WEEKLY LCL CONSOLIDATION EAST/WEST MED. FCL LCL SERVICE ALEXANDRIA/PORT SAIO PORT SUEZ/URMASOL PIRAEUS/MOMBASA a DARESSALAM 20 AUG, 25 AUG GYRO EXPRESS CONTAINER SERVICE CHINA
      302 words
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      Page 30 Advertisements Column 3
      274 30 UCO REGIONAL CONTAINER LINES ASEAN PORTS ANGKOR s SAILINGS A WEEK Hock Agency Co Ltd BKK (Tel: VESSEL VOY SINGAPORE IN POUT Sat JENLINK AOT 12H JENLINK UM Th L5/S |FH SONGKHLA-1 sailing a week Co Ltd Skla (Tel: *****4) VOY UN 12N 11* Hock VESSEL i*Wl\ I 33 s
      274 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      196 30 Regional Weather Vi V> r N I pS Wnd dk*ction «H< ip**d n knot* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AM. AugiMt 2,ltN LEGEND: R Thund*r*torm c A A W*oth*r Wnd dtKtan »*h \p**d n knot* Horn W Cloudy Sky Svrfoc* wind* an «<H< by arrow* -tuck Hy wrtfc
      196 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      444 31 <!> UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 cn a n 3 IL-MJJ CLlfjl J %i{ «1 It/ 1 Algerian National Line 6 B. Si Oa BANGLADESH NATIONAL LINE S PORE Ldg for MV Banglar Progoti 3/8 S. Korea, Japan Accepting containers and break bulk cargoes
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      Page 31 Advertisements Column 2
      296 31 it ffl RICHFIELD MARINE AGENCIES |S) PTE LTD TEL *****33 (10 LineK fAI ?2Snis TELE* HS JSSSJ RISHIP |3 I ines) NET3AN6T VOV 1«WB ACCEPTING FCL AND CONVENTIONAL ETA LOAOMQ FOR MM Wl OAMESSALAAM. MOMBASA. OJWOUTI Other ports along the rout* workable on Indue*men FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO
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      Page 31 Advertisements Column 3
      640 31 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 W EE rr n (CmiAN NATIONAL LINE) GREAT ANDES SERVICE FIEOCR VSL Sl» N. IVORY UN M N. EMERALD ISM 13/01 MOTHER VESSEL KEE Lit CAT 2715 17/B LUCK 2413 a* CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S
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      Page 31 Advertisements Column 4
      270 31 DESTINATION ETA SINGAPORE BANGKOK KMT KELAMC (FCL ONLY) KJTI BHUN KEELUNG, KAOHSIUNG JAKARTA (FCL ONLY) TOKYO. KOBE, SUSAN (FCL ONLY) KARACHI. BOMBAY, COLOMBO (FCL ONLY) LA.A.1i.,1 4ff.11/1.m2y1 FARGO SHIPPING CO (P) LTD 19. K*** Itaod, #&-07/« Jit W» Building, S pore 0208 T T* *****22, foe *****72, Cable FARGOUNE ABC
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      Page 32 Advertisements Column 1
      124 32 GOODWAY LCI ACCEPTANCE TO NOUMEA, FIJI HKG NOUMEA SUVA 2M m 5/9 1/10 ton ivio EXPRESS SAILINGS TO PAPUA NEW GUINEA PORT MORESBY LAE 27/1 2/9 GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATI NUKUALOFA TONGA RAROTONGA FUNAFUTI TUVIU SIN SUVA VSL: (TBN 0101) 11/1 153 Good way
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      Page 32 Advertisements Column 2
      413 32 OcehhSeruice PENANG KL: ALLIED-LINK Na/Chrbttm CMaw SINGAPORE: t f O 0322(22 LINES) Elain* Tao/Esther Yap ***** (5 LINES) ID SUILS L• SER SERVICE AUG Manila, Kaotniung EXPRESS INBOUND WEEKLY SVCS VIGOUR LINE CONVENTIONAL UNER SERVICE TO XMGANG ft BANGKOK VSL SIN BKK XINGANC JIN SMIN VI 13-154 lW 1/1 AMERICA
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      Page 32 Advertisements Column 3
      214 32 S" c SAV i omp.irv.i SudAmt'ric.tn.t i/t> l.ipt/rc' Chilean Line Est 18: 17JnT> SERVICE TO/FROM CHILE ■OTHER VESSEL HK TOKO ARICA IQQ AHTOFVMJ> SAI CTI IiS'.SS? S- M £z Xzz IV* ana CARGO FOR PUNTA ARENAS. TALCAMUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Sing.»|X>rc Book i iifis ***** #8^
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      Page 33 Advertisements Column 1
      636 33 Everett Lines I r knw w inn i vni« nim i nnnvuii mkii i n i nv»L VII CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Panang* P. Ktlanf Singapore THOMASEVERETT 1/ 3 Aug 4/ 6 Aug ■ANOLOEVERETT 19/21 Aug ROSE EVERETT 1/ 3 Sap "EVERETT ORIENT LINE" JAPAN/BAY OF
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      Page 33 Advertisements Column 2
      415 33 Z I M ruil CONTAINER SERVICE icceplm| FCL/LCL cirfott lo USA EMt A «nt Cms! Onbtejn.EMt Cinjd» HAITI CotU Rica El Stlvador Goitnvili Hondurn Vtnwueli Peru. Ecuador Colombo via Mum, Trintdad Birtudot Ant.fui SI Luck Montufrtt (Mtytru via Kinf»ton -i-IXL www rfrrr*rr SjTgTTTTn TT^T! ILJ rnr i2yi i# W \y»
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      Page 33 Advertisements Column 3
      533 33 SING KWANG HANG BWMIQ ft nUNWOWTATIOH (FTC) LTD WEEKLY LCL/FCL SERVICE a: ILivU I VESSEL A VESSEL A VESSEL DCSTMATtOMS ETA SINGAPORE PORT KELANQ 4 AUG MANILA 4 AUG HONG KONG. ALL CHINA PORTS 4 AUG KEELUNG. KAOHSIUNG 3 AUG BUSAN 3 AUG TOKYO. KOBE 19 AUG CHITTAGONG 7 AUG
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      Page 33 Advertisements Column 4
      450 33 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA EL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRABHAKTI PRASETIA PRABHAKTI TANTO UTAMA TANTO UTAMA 282-283 In Pt In Pt S/06 5/08 12-13 S/06 7/08 9/08 9/08 284-286 8/08 9/08 11/08
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      Page 33 Advertisements Column 5
      325 33 PTC CONTAINER LINES FCI ICI SERVICE rrr fud 6/8 KEELUN6/KAOHSIUNG 8/8 BANGKOK 7/8 MANILA 5/8 JAKARTA 5/8 PORT KELANG/PENANG 10/8 BUSAN 8/8 TOKYO/YOKO/KOBE 10/8 HONG KONG also accepting carao 'MiT-Jil'fWiT^iT^iiTNiXTTl Xiamen/Xingang/Shanghai 5/8 LDN/FLX/LVP/SOU 5/8 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland destinations 10/8 L.A./NYC/SFO 6/8 VANCOUVER/TORONTO/MONTREAL 7/8 SYD/MELB/ADEL/FREM
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      Page 34 Advertisements Column 1
      885 34 kA A W TO PBW HYUNDAI PIONEER LALANMA HYUNDAI CHALLENGER HYUNDAI INNOVATOR HYUNDAI EXPLORER HYUNDAI rOMMNOf MERCHANT MARINE CO., LTD EASTBOUND TO USA SIN NK6 LIN OAK SEA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE 2se mm mm ap hp mm 2se um vm mm mm mm Z7E it* mp up up
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      Page 34 Advertisements Column 2
      532 34 hr A JE CONTAINER LINE f TEL: *****59 FAX *****63 U.S.A. UaUiHi (ML PMTS) I/l/M REGULAR CONVENTrdNAL SERVICE TO MANILA uu.it/, SWISS SHIPPING PTE LTD I* Tatok IloM 9*4*. Tvtok WtaMali How Stasmaor* MM TW: SIMM (I Uml Tlx Zlfa SBPA Cm NO 111* MMM H FAR EAST EUROPE MONTHLY
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      Page 34 Advertisements Column 3
      443 34 J 1 -■> O*» v r MilsciOSKXines Ltd FULL CONTAINER nransioi UK/CONTINENT (TRIO) TOLAfiA SAT nuMwurr anas IOCLKMD9 piMnt Tn» \m mam i* I i I?i UK Mkte, MM ml I MEDITERRANEAN (MED CLUB)* JEDDAH hwn P. Mm fcal*M rmta EM TtMk JQKMM MQMcom Jf I S IS H H
      443 words