The Business Times, 3 August 1989

Microfilm: NL16694
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, AUGUST 3, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    240 1 Dow Jones down US STOCK prices were mixed early yesterday, marking time after Tuesday's volatile session. The Dow Jones average of 30 industrials dropped 1.14 to 2,638.96 in the first hour of trading. AP Footsie up LONDON share prices were higher at midday yesterday, ss news of
    240 words
  • Article, Illustration
    Local prices end broadly mixed
    208 1 SHARE PRICES in Singapore closed broadly mixed in profittaking yesterday, while markets in Tokyo and Hongkong ended marginally higher. Large falls in several indexcomponent stocks pushed the Straits Times Industrials Index 4.81 points down to finish at 1,362.27, while the Business Times Composite Index slipped
    208 words
  • Article
    US$ up despite easier credit
    125 1 THE US dollar ended firmer against major currencies in Asia's currency markets yesterday despite the easing of credit by the US Federal Reserve. Dealers said, however, that the American dollar should weaken ahead of the US unemployment figures due to be released tomorrow. Bearish sentiment
    125 words
  • Article
    Illegal workers — 'employers need same deterrents'
    423 1 Illegal workers 'employers need same deterrents' EMPLOYERS who knowingly hire illegal workers should face the same punishment as the illegal workers themselves now do, Mr Lim Boon Heng, the deputy sec-retary-general of the National Trades Union Congress, said. Writing in the latest issue of NTUC News, the fortnightly news magazine
    423 words
  • Article, Illustration
    Option for Pontiac to revive Rahardja Centre project
    555 1  -  SUNTEC AND FIRST CAPITAL ALSO EYEING PROJECT By ELAINE KOH,LEE HAN SHIH PROPERTY DEVELOPER Pontiac Land has taken the lead in the attempt to revive the billion-dol-lar Rahardja Centre project, which has been dormant for the past five years. It is understood
    555 words
  • Article
    Nomura launches fund for S'pore, KL shares
    436 1  -  By QUAK HIANG WHAI JAPAN'S largest securities house, the Nomura group, is launching a 20 billion yen (US$l4B million) fund to invest in equities in Singapore and Malaysia. Nomura officials say the launching of this new fund, known as the Malaysia-Singa-pore Fund, is
    436 words
  • Article
    Lock icon Tokyo to cut stake in Asian agency
    147 1 AFP JAPANESE participation in a proposed Asian investment agency will be cut from 40 per cent to 30 per cent under a compromise reached with Japanese financial institutions, a senior government official said yesterday. The Finance Ministry official said the "compromise has already
    AFP  -  147 words
  • Article
    Keppel group's interim profits jump 87pc
    555 1  -  By KEVIN GWEE KEPPEL CORPORATION Ltd has recorded a strong growth in interim earnings for the 1969 financial year helped by its shiprepair business, financial services and the performance of subsidiary Singmarine Industries Ltd. For the six months ended June 30, 1989, group after-tax
    555 words
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      Page 1 Advertisements Column 1
      184 1 Cassette Receiver D Series FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; *****22 Kuaia Lumpur: Phone. *****33 n: Phone; *****5/*****1 Jakarta: Phone; *****5 Full report, PAGE 18 Regional mkts, PAGE 20 World mkts, PAGE 21 OUB Commercial Property Loan The first step to buying your own business premises Our
      184 words
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      Page 1 Advertisements Column 2
      205 1 Editorial Comment: 12 Tap the public's ideas, too Training centres 12 A 13 An integral part of infrastructure Business tie-ups 2 Joint venture with China set up Construction 2 Selling MRT expertise abroad Jakarta to stop exports Banking Turkey cancels Citicorp mandate Advertising 10 Goodwood set for $7m blitz Animal
      205 words
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      Page 1 Advertisements Column 3
      9 1 ON PAGES 12 13: Profile of four training centres
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      Page 1 Advertisements Column 4
      38 1 Kodenstocb Quality before your eyes "I couldn't decide between a bratelrt or a watch, so I gave her both. >r I f 4j iJ .a SEIKO S(« GAHtS XV li« 11 nun- > I M. i< l< SEIKO If2o-0090
      38 words
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  • HOME NEWS
    • Article, Illustration
      Joint venture with China set up
      508 2  -  FU-SIN WILL BOOST COOPERATION WITH FUJIAN PROVINCE By WALTON MORAIS A JOfNT VENTURE was inaugurated hara yaatarday between China and a local company. This was probably the first bilateral business tie-up between the two countriee since the turmoil broke out in Chins two months
      508 words
    • Article
      OUB holding contest to promote art appreciation
      126 2 THE OVERSEAS Union Bank (OUB) is sponsoring an art contest to help promote art appreciation. Called the "Young Artiats On-the-Spot" contest, it will be held on Aug 5 and is open to participants aged from six to eighteen. Working on the theme "Progrees
      126 words
    • Article
      AAS bans discrimination in job advertisements
      302 2 EMPLOYERS will no longer be able to state a preferred race, religion or sex in job advertisements unless it is "inherently justified" by the necessities of the job. This amendment to the Singapore Code of Advertising Practices, passed on July 26, is part of
      302 words
    • Article
      Public Service Commission promoted 724 officers
      240 2 THE PUBLIC Service Commission promoted 724 officers last year, with Diviaion One promotions topping the list. Of that figure, 496 were Division One officers, constituting 68 per cent of all promotions in Superscale and Diviaion I to IV. The Division I promotions also compare
      240 words
    • Article
      Corrections and clarifications
      74 2 IN YESTERDAY story, "YK Pao s consortium wins HK's cable TV frsnchiss", ths fourth paragraph aaid that "HKCC chairman Peter Woo, Sir Y K's son-in-law, said he envisaged a need to raise capital from the market to service the project, the finsncing of which is being worked
      74 words
    • Article
      Inflow of HK people will create more jobs for Singaporeans'
      286 2 ABSORBING eligible economic talent from Hongkong will ultimately create more and better jobe for Singaporeans, Trade and Industry Minister BrigadierGeneral (Ree) Lee Hsien Loong said yesterdsy. Addressing public concern that incoming migrants from Hongkong under Singapore's recently relaxed immigration laws
      286 words
    • Article
      Seavi acquires 25pc stake in Thai company
      319 2  -  By CHUANG PECK MING A SINGAPORE-BASED venture capital firm has bought a 25 per cent stake in a Thai company that manufactures ice-making machines. Seavi or South East Asia Venture Investment Company paid about $4 million for its stake in Patanakolkarn Co (Patkol),
      319 words
    • Article
      JSW triples turnover after adapting machines to regional needs
      310 2  -  By JAYARAM MENON JAPAN Steel Works (JSW), a subsidiary of a leading maker of plastic injection-moulding machines, managed to triple its turnover in three years after it decided to make machines tailored to the needs of Singapore and neighbouring markets. Between
      310 words
    • Article
      Singapore to play big role in NZ celebrations
      292 2  -  By ABDUL HADHI THERE WILL be strong Singaporean input in an international photographic and publishing extravaganza to be held in New Zealand next year. Leading photographers from more than 20 countries, including Singapore, will focus their lenses on New Zealand for one
      292 words
    • Article
      Contractors to sell MRT expertise abroad
      289 2 TWENTY-FIVE local contractors have set out to tall the world that they helped to build Singapore's mass rapid transit system. With the backing of the Mass Rapid Transit Corporation (MRTC) and the Trade Development Board (TDB), these contractors will send out brochures in September
      289 words
    • Article
      Singapore Technologies awards 40 student scholarships
      163 2 SINGAPORE TECHNOLOGIES, an industrial conglomerate belonging to tha government-owned Sheng-Li group, yesterday awarded atudent scholarships worth between $35,000 and $150,000 to help propel local high-tech companies into the world market The 40 awards were the largest number given since the scholarship programme began five
      163 words
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      175 2 TO FURTHER EAST-WEST RELATIONS, OUR CHEF'S ABOUT TO MAKE HISTORY. sea bream, sauteed wifh Chinese mushrooms, ginger When our chef conducts East and West to the same table, it promises to be a rather momentous occasion and scallop sauce Pan-fried chicken breast with lemon and coriander. US duckling with sour,
      175 words
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  • FOREIGN NEWS
    • Article
      Lock icon Survey signals declining manufacturing activity
      622 3 NYT FOR A THIRD consecutive month, the purchasing managers' survey fell to a level that indicates declining activity in the manufacturing sector of the US economy. The overall economic index of the National Association of Purchasing Management dropped in July to 46, which was also
      NYT  -  622 words
    • Article
      Lock icon Wage demands spark concern
      430 3 Reuter A SLIDING DOLLAR and lower world oil prices have taken the sting out of inflation in Western Europe but economists say the threat of excessive wage demands will prevent a rapid decline in interest rates. Despite a steady fall in US interest rates and growing
      Reuter  -  430 words
    • Article
      Lock icon Chairman of Way and Means panel proposing inflation index for assets
      341 3 NYT CONTINUING his search for a compromise on the capital gains tax issue, the chairman of the House Ways and Means Committee, Dan Rostenkowski, outlined to colleagues yesterday a proposal that would index for inflation assets acquired after Dec
      NYT  -  341 words
    • Article
      Lock icon Fed easing credit policy to avoid recession: Greenspan
      669 3 NYT SIGNALLING that interest rates are likely to fall further, the chairman of the US Federal Reserve Board said on Tuesday that the central bank is continuing to ease its credit policy to avoid a recession. In comments before the US Senate
      NYT  -  669 words
    • Article
      Lock icon Slight fall expected for US leading index
      293 3 Reuter THE US government s chief economic forecasting gauge is expected to have fallen slightly in June, providing still more evidence that the nation's economy is decelerating, economists said. The leading index of economic indicators, due out today at 1230 GMT. is forecast
      Reuter  -  293 words
    • Article
      Lock icon USDA cancels proposals for farm subsidy programme
      491 4 DEPARTMENT BLAMES CONGRESS FOR INFORMATION LEAK AP THE US Agriculture Department has cancelled all approved but not yet announced proposals under a multi-million dollar farm export subsidy programme. It blamed Congress for leaking sensitive information. Lawmakers who were at the Congressional hearing, however,
      AP  -  491 words
    • Article
      Lock icon 'Third World upheavals pose greater threat to US'
      264 4 AP ECONOMIC INSTABILITY and political upheavals in developing nations poee a greater threat to US security than the Soviet military, according to a US Congressional report. The study by Congress' Arms Control and Foreign Policy Caucus found five major problems in developing
      AP  -  264 words
    • Article
      Lock icon US warned against exploiting East's reforms
      261 4 AFP SOVIET President Mikhail Gorbachev on Tueedey gave Washington a veiled warning not to exploit reforme in Poland and Hungary. The hint came as Mr Gorbachev asesssed US Preeident George Bueh'e recent tripe there, in an unprecedented foreign affairs briefing to the Supreme Soviet,
      AFP  -  261 words
    • Article
      Lock icon S Koreans' Soviet trade tour ends
      137 4 AP A DELEGATION of South Korean business people, the largest ever to visit ths Soviet Union, hss ended a week-long tour with meetings in Moscow with the National Chamber of Congress and Industry, Tsss reported. The 37-member delegation exchanged information with Moecow officials on
      AP  -  137 words
    • Article, Illustration
      Lock icon Communist MPs fail to back Kiszczak
      389 4 FT POLAND'S political crisis took a new turn on Tuesday as some parliamentary deputies from the Communist Party and the procommunist Peasants' Party failed unexpectedly to hack the candidacy of General Czeslsw Kiszczak as prime minister. The move came as the US, Switzerland and
      FT  -  389 words
    • Article
      Lock icon Hungary sees risks in free-market drive
      329 4 AP HUNGARY risks higher unemployment. worsening finances and a possible conservative backlash in its smbitious drive towards a free-market economy, the country's government hss told Weetern nations. The Hungarian government stressed in a memo, made available on Tuesday to a 24-nation conference in Bruasels
      AP  -  329 words
    • Article
      Lock icon Soviet councils asked to discuss crisis
      435 4 FT THE SUPREME SOVIET of the USSR has called on all the republican parliaments, regional and town soviets (councils) in the country to hold emergency meetings to discuss the economic end political crisis in the country. The move on Tuesday seems certain to galvanise
      FT  -  435 words
    • Article
      Lock icon Self-rule law for Muslims could spark hostilities, say rebels
      171 4 AFP A LAW offering limited self-rule to Muslims could spark fresh hostilities in the southern Philippines and a rejection by the inter>nal Islamic community, rebel sources and diplomats said. President Corazon Aquino on Tuesday signed into law an act creating an
      AFP  -  171 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      998 4 ARRIVALS Operator 0#nriCf number tml Mme From ALK UL454 0020 CAM SiA soon 0040 LAX/NTT SU SQ8913 0100 JED KAL «697 0155 sa TMA T1351 0430 •EY/SHJ/KUL MAA SU SQ409 0520 IAC OSS 0655 MAA OiH LH7M 0700 FRA/AUH SU SQ491 0725 IWN SU SQ407 0740 oa
      998 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      464 3 It appeals to both sides of your brain. For every purchase from IJul. to 30 Sept.l9B9 You 'll get the flexibility lo use both 5 1/4 and .1 1/2 inch diskette drives, fixed disk drives, and tape backups (hi board interfaces make it easy to bring in outside help from
      464 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      50 3 Doonesbury BY GARRY TRUDEAU LOOK, HONEi, J KNOUJ W/RESTEAMBP ABOUT THE BOGUS NUPTIALS, BUT TKi TO KEEP TT TOGETHER UJHEN KXJ RE' iBSWf BEHINPT& scEN&toeer >/ m ss 1 iffi H&5 ALSO GON&TO ENORMOUS EXPENSE, ASKING NOTHING IN RETURN BUT THE-QUt&T SATISFACTION OF KNOWING VOUF& SAFE. m g 'r i,
      50 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      99 4 <Ss> Aldo Brue A w* -A!*.*?' rjm v ■sM'M: I Nft &«¥v. i*. y £2F' >v* m V 'V r' ,=> *ii 3f* M Distinctly created for men and now, for women For enquiries: Baglioni Distributors Pte. Ltd. 583 Orchard Road #07-03 Forum Gallena (0923) Tel 734 9696 Aldo Brue
      99 words
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      Page 4 Advertisements Column 2
      16 4 Cjf ymm Ttmd A§m m Mr Cmmh m OMR BREATH OF FRESH AIR Air Canada A
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      61 4 temperatures tathor conditions on Aug 1 Beirut Belgrode Berlin Bermuda Bogota Brisbane Brunei* Mexico City 36/18 Clear 27/25 Rain Montreal Momow Hnnnknnn noogioog Honolulu Mama bad ktartbui Jakarta J 191'' Jo'burg Kiev K Lumpur Lima New DeM New York Nicotic Oilo ParH Perth Mo 'Janeiro Rome San Frh'co Son Juan
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      296 5 t 1 A The Time To Change Your Mind I* ak i V- ft T £**9^S&Sm l :v I V* "V /M ■w JV M*«r* r< t yf FV > -C sw*« M w mmm Remember the car you owned as a young executive. It probably was as spirited as
      296 words
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  • COMMODITIES
    • Article
      Lock icon Jakarta to stop exporting oil in the next decade
      371 6 Plans to reserve available output for domestic use AFP INDONESIA plans to cease exporting oil in the next decade, reserving all available production for domestic needs, Mines and Energy Minister Ginanjar Kartasasmita has said. "Sometime before the 21st century, we might
      AFP  -  371 words
    • Article
      Lock icon Malaysia to remove inactive commodity contracts
      290 6 Reuter MALAYSIA will remove inactive commodity futures contracts that cannot be revived by the Kuala Lumpur Commodity Exchange (KLCE), Primary Industries Minister Datuk Dr Lim Keng Yaik said. "The Commodity Trading Commission has been told to work on ways of reviving the inactive contracts
      Reuter  -  290 words
    • Article
      Lock icon Manila approves sale of nickel firm to Chinese-Filipino venture
      386 6 AFP THE Philippine government has approved the conditional sale of the country's sole nickel firm to a partnership between China's Non-Ferrous Corp and a group of Filipino businessmen. The Asset Privatisation Trust and the Philippine Nickel Co (Philnico) on Tuesday signed
      AFP  -  386 words
    • Article
      Lock icon KL reduces export duty for rubber, palm oil
      178 6 Bernama THE EXPORT DUTY on rubber fell to 1.125 sen a kg from 1.375 sen from Tuesday. Malaysia's customs and excise department said. This was based on a gazetted price of 221.75 sen a kg for the produce compared with 223.25 sen
      Bernama  -  178 words
    • Article
      Lock icon Rubber bearings help buildings withstand vibration: studies
      220 6 Bernama NATURAL RUBBER bearings are being used in more than 300 buildings throughout the world to reduce structural damage due to earthquakes. Rubber Research Institute of Malaysia (RRI) senior research officer Dr Kamaruddin Abdul Malik said in Kuala Lumpur on Tuesday that studies
      Bernama  -  220 words
    • Article
      Precious Metals
      367 6 HONGKONG: Gold closed little changed in thin, quiet trading. Bullion ended at U*****.20/70 an ounce against New York's U*****.25/75 close. Dealers said mors interest has been shown in silver in the last few days, but gold still hss support sround US$365. Many traders were sidelined ahead of the
      367 words
    • Article
      Rubber
      191 6 SMGAPORE: Rubber prices closed little changed ysstsrday, with September 1 RSS buyer quoted at 176.50 cents a kg. up 0.25 cent from Tuesdays close. On the TSR-20 Award market, prices hovered narrowly in thin afternoon trading with light interest noted. September buyer was quoted at 147.00 cents a kg,
      191 words
    • Article
      RAS and MRELB
      285 6 RAS prices m s <*«***, fob m 1 NOON close luyon SsDsn 8wyon > -1»— jaiwti Int 1 RSS Prompt 177.00 178.00N 177.00 178.00N Int 1 RSS Sop 176-50 177.00 176-50 177.00 M 1 RSS Oct 178.00 179.00 178.00 179.00 bit 2 RSS Of ***** 176J0N 174JO
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    • Article
      SSR and SMR
      82 6 IOMAQ) SEPTEMBER 1989 OCTOBER 1989 (currant month) (forwor d month) NOON NOON RAS 8uy«n Se^ieo |»y>n Srfm SS* 20 150.50 152.50N 151 JO 153JON SSI 50 148.50 150JON 149 JO 151 JON MRELB tuyvn bytn Mm SMJt cv 226.00 228.00N 228 00 230.00N SMI I 277JO 229JON
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    • Article
      KL Tin
      171 6 RENEWED BUYMQ demand saw the Kuala Lumper Tin Market (KLTM) price rtee 18 sen to MIMJI a kg at the clot* vtittrdav. hrowww y WVIWI VVl^ kera aaM. The rtee waa aleo due to mlnera' reluctance to reflected In tu opening offers of 48 tonnoa against bids of
      171 words
    • Article
      Produce Prices
      193 6 Chinese Produce Exchange Sellers' noon dosing prices on August 2 (SS/100 kg) Coconut oil Bulk FOB 96.00 Od drum FOB 106.00 New drum FOB 110.00 Copra Mixed (loose) 54.00 sellers Closing prices on August 2 Coconut oil (M$/100kg) New drums 150.00 2nd hand drums 144.00 Bulk 135.00 locol
      193 words
    • Article
      Palm Oil
      468 6 Total o/p at at 1100 Km 5544 controctt. Turnover 724 lots. Maries* ton* S>yMf rtsodUr MALAYSIAN CRUDE PALM (ML FUTURES cloeed slightly steadier in quiet trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers said Pakistan's palm olein purchase of 12,000 tonnes and the steadier CBT gave a
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    • Article
      Lock icon Soybean
      217 6 Reuter CBT SOYBEANS cloaed mixed on Tueaday, with August lower, pushed down by apeculative selling on rumours that Ferruzzi ia selling eoybeana on the caah market, floor sources said. The rumours developed on late Monday and prompted apeculatora to sell August contracts. The action indicated there would not be
      Reuter  -  217 words
    • Article
      Lock icon Crude Oil and Products
      145 6 Telerate TRADERS were mixed regarding the apot availabilities of HSFO CST-180 in Singapore during first-half Aug. Pricea held steady with sellers of CST-180 at $96-6 mt fob Sing for early Aug. But no prominent buyers were teen in the market Aug imports into Japan were reportedly
      Telerate  -  145 words
    • Article
      Lock icon Wheat
      196 6 Reuter CBT SOFT RED winter futurea cloaed higher on Tueaday, primarily on ahort-covering prompted by ideas that the market became overaold in recent sessions and a growing export lineup, floor sources said. Volume waa fairly light, with no single firm featured buying or aelling the market Ideas that Algeria
      Reuter  -  196 words
    • Article
      London markets
      168 6 London Commodity Exchange Buyer/Seller dosing prices on Aug 1 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis In-ftor# London, sellers option CIF London Sep 754/756 (760/770) High/Low 770/737 Nov 760/761 (755/756) High/Low 781/747 Solos (3925) Cocoa Sop 838/839 (840/845) High/Low 842/835 Ok 890/891 (843/845) KRgh/Low 895/888
      168 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      171 6 Safety Equipment Secure in the knowledge it's a Chubb Behind the world famous name of Chubb is a depth of knowledge that goes back 170 years. Knowledge and experience that has established their position as JT masters trac^e--1 lyf A reputation such as this was Kji LjKL not made by
      171 words
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      428 7 I ggg >. t%>■ V* mm .;> ,j| m V >• X; s*' Vf-j? iv i v ■T s >■ y •>*•?• a ".-■>,. v v ;&v L- 1 r k :< A y 4 \v* :*v *V ASWBW6BBfILi -r -t- r MH "i'..'' *.1 I iiJ IM £s*" pi®*
      428 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1271 8 SINGAPORE: THE US dollar opened lower in Singapore yeeterday after another round of sell-off in New York pushing the dollar through key support at 1.6660 marks. This came after the releaee of a weaker US purchaaing managers' index of 46 per cent, lowest since January 1963. Short-covering prompted
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    • Article
      Money markets
      66 8 THE overnight rat* on tha Singapore money market cloaad point lowar at 4M par cant yaatarday. Tarm rataa fall 1/16 point acroaa the board. C I m m i-, rin L o# iwifooni ruiwi at die doM ywttfdoyi om 0»«r- 4 1 /I 4 J/t l-w* 9 1/14
      66 words
    • Article
      Lock icon IMM
      315 8 Reuter IMM CURRENCIES overcame early weakness and rallied in fin and starts during the afternoon on Tuesday to finish mostly higher snd neer session highs. Prices wsvsrsd insids rsnges, capped by trepidation about ths Middle East hostags crisis but supportsd by s steep rslly in US debt futures which
      Reuter  -  315 words
    • Article
      Asian $ market
      271 8 Asian market PERIOD Asian dollar deposit rates yesterday finished lower than Tuesday'» cloae in thin trade. Higher US bond prices and news that the US National Association of Purchaaing Management index tor July toll to 48 per cent from 48.8 cauaed term rates to weaken. One month ended at 8-6/8
      271 words
    • Article
      Government Securities Market
      117 8 Treasury bills Period Imn Yotforday's doting Day's cod# Maturity MD Offfl HtGH LOW 3 month» BQ*****H 2.11.89 4X)1 3.96 4.10 3.94 6 iwonrtw BS*****V 18.01.90 4.03 3.98 44)1 3.97 1 yar SY*****F 24.05.90 4.12 4J07 4.07 AJS7 Government notes and bonds Porlod ltsu« Maturity Coupon Yottorday's dosing
      117 words
    • Article, Illustration
      World interest rates
      162 8 Interbank market ra tee (offer/bid) on Auguet 2 us$ DM SWFC Y«n 7 4mr* 3/4 J/« 13 13/14 11/14 7 7/» 7 1/3 7 3/* S 5/14 3/14 9/1* 7/14 13 13/14— 11/1* IS/14—13/14 7 1/* 7 s i/4 s i/a 1 7/1* J/14 13 7/1 13
      162 words
    • Article
      Options
      1134 8 CURRENCY FUTURES OPTIONS Wednesday, August 2, 1989 DEUTSCMEMJ UtK (SIMEX) Mp 1 Mfk LOW 1 left Sap) Mp M paM tmm Oae S3 14A 13 S3 34 54 71 Wednesday, At igust 2, 1989 JAPANESE VI EN (SMtfEX) NWi Low 0e0 N HM puM Ml 7S '-r337 IMM Monday,
      1,134 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      147 8 Your products are at home in markets worldwide. So are we. I The successful introduction of products to worldwide markets requires a bank with international resources. Deutsche Bank, with offices in more than 40 countries around the globe, is such a bank. First-hand information, international know-how and professional advice on
      147 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Simex
      523 9 Reuter EURODOLLAR FUTURES fell across the board on prof-it-taking and position adjustment but dosed above the day's lows on late short-covering yesterday, dealers taid. 1 They attributed the fall to a correction after recent gains. The undertone was steady on expectations of a major slowdown in the US and
      Reuter  -  523 words
    • Article
      Comex gold/silver futures
      180 9 Gold futures on Aug 1, 1989 100 tray ouncas; IJSS par troy our ca Opaa Man Law ta«ta Aug 370.00 371.30 366.40 370.80 -0.30 Sap ***** 370-70 ***** 372JO 030 Oct 374.50 375.00 372.20 374.80 0.10 Dac 37«J0 379.20 376.30 37M0 010 Fab 90 382 60 Apr
      180 words
    • Article
      Lock icon Third World loans cause a big dent in Natwest's interim earnings
      496 9 FT THIRD WORLD loan problems caused a sharp drop in National Westminster bank's earnings in the first half of this year. At £352 million before tax, they were exactly half the profits of the first six months of last
      FT  -  496 words
    • Article
      Lock icon CME charges 4 with pre-arranged deals
      269 9 Reuter THE CHICAGO Mercantile Exchange (CME) has charged four futures traders with rules violations in its yen futures pit one of several areas at the exchange targeted by federal prosecutors, a source familiar with the cases said. Exchange spokesman Andy Yemma would not confirm
      Reuter  -  269 words
    • Article
      Lock icon Amex agrees to pay double in settlement for disinformation
      311 9 NYT THE American Express Co has agreed to pay twice as much as it originally announced to settle accusations that it had conducted a campaign of disinformation against Edmund J Safra, a banking competitor, people involved in the agreement said. The
      NYT  -  311 words
    • Article
      Lock icon Turkey cancels Citicorp mandate, US$200 million loan
      352 9 Bank fails to meet deadlines Reuter TURKEY HAS CANCELLED a US$2OO million loan syndication and its mandate awarded to Citicorp CCI on June 28 due to the bank's failure to meet deadlines. A senior Turkish Treasury official in Istanbul said on Tuesday that
      Reuter  -  352 words
    • Article
      DBS loan scheme for higher studies abroad
      252 9  -  ■y DEXTER LEE DBS BANK has widened the scops of its study losns to cover Singeporssns snd Singapore permsnsnt residsnts pursuing highsr studiss abroad. From today, students studying sbrosd for thsir first or poetgraduats degrees can tap up to $100,000 sach from the
      252 words
    • Article
      Commercial Union launches new insurance scheme
      254 9  -  By HONG LEE TIAM COMMERCIAL Union Assursnce (CU) has launched a new. mora competitive Insurance plan called "Flaxi Haaithcara". Policy holders of its praaant scheme, Madicara, will automatically be transferred to the upgraced neaitncare scnenie CU upgraded the policy but wants to keep it
      254 words
    • Article
      Lock icon Malaysian banks in a quandary over raising deposit rates
      734 9 Bernama COMMERCIAL bsnks snd finance compsniss in Mslsysis which hsvs been urged to raise deposit snd ssvings rstss by Bsnk Negsrs srs ssid to be in s fix. Bsnking sources ssid in KusIs Lumpur yesterdsy thst sny incrssss in deposit rstes
      Bernama  -  734 words
    • Article
      Lock icon Japan's Orix braves expansion into non-leasing
      459 9 Reuter JAPANESE leasing firm Orix Corp, faced with an invasion of its business territory by banks and trading houses, is launching its own foray into new financial activities in a battle for higher margins. Its purchase last year of the Braves, a professional baseball
      Reuter  -  459 words
    • Article
      Lock icon Argentines allowed to open bank accounts in US dollars
      420 9 AP ARGENTINES on Tuesday could open savings accounts and buy certificates of deposit denominated in US dollars, and banks rushed for the new business. "Your dollars in a safe (or mattress) only sleep. They don't grow. Wake them up. Put them
      AP  -  420 words
    • Article
      Lock icon Sri Lankan rupee falls to all-time low against major currencies
      205 9 AFP THE SRI LANKAN rupee hit an all-time low against all major foreign currencies yesterday, falling particularly sharply against the US dollar, Central Bank of Sri Lanka figures showed. The rupee, pegged at 35.23/26 to a dollar on Tuesday, fell
      AFP  -  205 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      146 9 Th* mnounctnm* ipptoi m a maim ot record only THE BANK FOR FOREIGN ECONOMIC AFFAIRS OF THE USSR US$75 MILLION NOTE ISSUANCE FACILITY MANAGER AND FACILITY AGENT OoCBCM OVERSEA-CHINESE BANKING CORPORATION LIMITED CO-MANAGER MOSCOW NARODNY BANK LIMITED UNDERWRITERS Ovaraaa-Chmaaa Banking Corporate* United Moscow Narodny Bank Limited ASEAN Finns Corpora** Limited
      146 words
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  • ADVERTISING & MARKETING
    • Article
      Goodwood Group's $7m promotion
      394 10  -  CREATING IMAGE AS LEADING CHAIN OFFERING ASIAN HOSPITALITY By SANGEETA MULCHAND THE GOOOWOOO Group of hotele, which is reportedly up for grebe for e cool $1.5 billion, is ell set to put e $7 million edvertieing end promotionel blitz into operetion. The yeer-long cempeign, scheduled to
      394 words
    • Article
      Holiday Inn setting up reservation office
      243 10 HOLIDAY INN, the international hotel chein, will be setting up a reservation office In Singepore by mid-next yeer, regionel director of salee and marketing, Robert J Wilson said yeeterdey. The office, which will involve en inveetment of about $600,000, will be the chain's fifth
      243 words
    • Article
      7-Eleven aims to widen customer base by revising product range
      244 10 7-ELEVEN, the neighbourhood convenience store which recently inveeted $250,000 in a new outlet at Centrepoint, is looking to widen its customer base to include more "young professionals". General manager Huw Jenkins said the stores will be revising their product range
      244 words
    • Article, Illustration
      'Black Belt' Fido-Dido to kick off 7Up push
      259 10 7UP is scheduled to "take a walk on the wild side" from tomorrow when Pepsi-Cols International launches s $500,000 campaign to "Jolt consumers into reassessing 7Up ss s distinctive leader." The new campaign usee populsr grsphic character Fido-Oido. as snimsted by Russell
      259 words
    • Article, Illustration
      Swissam is new agent for Movado watches in S'pore
      362 10  -  By ABDUL HADHI THE NORTH American Watch Company (NAWC) has taken over the marketing and distribution of its Movado lines from Moutrie. Swissam Pte Ltd, which is owned by NAWC, was appointed sole agent for Movado last month. This follows a
      362 words
    • Article, Illustration
      Fifth Long John Silver's outlet to open in Orchard Road
      369 10 LONG JOHN SILVER'S. the chain of seafood shops, will open its fifth outlet at one of the recently refurbished shophouses in Orchard Road this month. This $700,000 investment is the first of three by frsnchise holder Yaman Enterprise this year.
      369 words
    • Article
      Eveready told to drop ad claim
      205 10 EVEREADY has bnn told to drop the claim that it •alto "Singapore's longest lasting battery" from all its advertisements. The move, by the Advertising Standards Authority of Singapore (Asas), came after test results showed that they could not be sustained. Tests done by the
      205 words
    • Article, Illustration
      Marketers rushing for rights to use cartoon characters
      572 10  -  By GENEVIEVE CUA JUST WHEN you thought you wore out of suporhoroM. here com* tho Ninja Turtle#. But watt Batman ia waiting in the winga, and so ia a team of reinvigorated Ghoetbueters. These are juat a few of the charactera who
      572 words
    • Article
      Overwhelming response to Chinese copywriting seminar
      195 10 WITH Chinese copywriters beginning to emerge from the shadows of their English counterparts, a two-day seminar and workshop beginning tomorrow would give a welcome boost to that segment of the sdvertisIng industry. The event. "Advertising Excellence The Chinese Way", focuses on the importance of
      195 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      336 11 THE LEGEND LIVES 0N... A legend in modern design: Movado Museum Watch. It was inspired by the group of international artists who developed the famous Bauhaus School in the 1920'5. Simplicity, tastefulness, function was theirdictum. And one of its purist expressions was the watch dial distinguished by a single dot
      336 words
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  • PERSPECTIVE
    • Article
      Tap the public's ideas, too
      528 12 BUSINESS TIMES THURSDAY, AUGUST 3, 1989 IT WAS as surprising as it was welcome. The National Development Minister's announcement last week that the private sector would be given a say in the future physical development of the country was a dramatic departure from past practice.
      528 words
    • Article, Illustration
      Preparing the 'menu' to serve the region
      1085 12 RESTAURANTING THE RESTAURANT Association of Singapore Training Cantra (RASTC) is just one of the two out of a total of 15 industry/em-ployer-based training centres that has a deficit against it in the booka. Its industry sponsor, the Restaurant Associstion of Singapore (RAS), is
      1,085 words
    • Article, Illustration
      Centre's crucial role in a promising industry
      1252 12  -  The nurturing of industry/employer-based training centres over the past five to six years has paid off. These training centres, totalling 15 in all today, have become an integral part of Singapore's training infrastructure. Indus-try-based training centres are now concentrating on providing the specific
      1,252 words
    • Article, Illustration
      Adapting to the needs of the small-sized industries
      922 12 RETAILING MR WANG Ting Min.42, has found his niche. It would seem like all the adult years of his life were meant to prepare him for the directorship of the Singapore Retail Merchants Association Training Centre (SRMATC). The bilingual graduate of the
      922 words
    • Article, Illustration
      Attracting young trainees a big problem
      886 13 DIE-CASTING WHO WOULD knowingly choose a career in tool-and-die casting, a trade that entails working around furnaces, where the surrounding temperature is about 45 degrees centigrade? All too few, even in less labour tight days of yore. Under present labour circumstances, the number one
      886 words
    • Article, Illustration
      Japan's bid to gain a foothold in US colleges
      1308 13  -  US COLLEGES By DEIRDRE CARMODY EAGER to give their students direct exposure to an American point of view, the Japanese are spending millions of dollars to buy campuses, start new programmes with American colleges and give themselves a foothold in higher
      1,308 words
  • Page 12 Miscellaneous
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      111 13 Discover what Royal treatment is like, with Thai. The name Royal Executive Class did not come about by chance. Instead it is a reflection of Thai's belief in treating our passengers like royalty. From the moment you enter our new REC lounge at Don Muang Airport, Bangkok, the royal' treatment
      111 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Top cosmetics firms stop animal testing
      628 14 ANIMAL RIGHTS NYT SEVERAL LEADING cosmetics companies have quietly stopped testing products on animals. The moves are in response to years of pressure by animal-rights groups and reflect growing confidence in the reliability of alternative testing methods. Avon, Revlon and the cosmetics and toiletries
      NYT  -  628 words
    • Article, Illustration
      Lock icon The bistros of Paris are a-changing
      1033 15 WINE NYT UNTIL RECENTLY, one of the more attractive waye to kill a Saturday in Parie was to have lunch at Jacques Melac's wine bar at 42 rue Leon-Frot, juat off the rue de Charonne in the work-ing-class 11th Arrondiaeement. With a plate of
      NYT  -  1,033 words
    • Article, Illustration
      Lock icon An ode to bread
      695 15  -  FOOD b* DENA KLEIMAN NYT SOME PEOPLE crave ice cream. Others cheesecake. Still others find solace in fudge. I love bread. There is just something about its chewy, starchy consistency that instantly makes me feel happy, something about its aroma that makes me feel secure, something
      NYT  -  695 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      256 14 U/fretr tv entertain... Where tv entertain... Where tv entertain... Wherein c/ BAR The best live jazz in town Hours: 5.00 pm 2.00 am Level 3, The Westin Plaza Happy Hours Mon-Fri: 5.00 pm 8.00 pm The Westin Plaza Rallies CMy 2 Stamford Road, Singapore 0617. WESTIN hotels*. Resorts Taiwan Fbrridge
      256 words
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      Page 14 Advertisements Column 2
      150 14 b3 Iphlhce MING PALACE presents a set menu for birthdays and baby fall month celebrations which includes your authentic cuisines and delights at $200+ per table. Open daily at 11.30 a.m. to 2.45 p.m. and 7.00pm. to 11.00 p.m. A KIMG COURT MOTEL No. 1 Tanglin Road Singapore 1024 Tel:
      150 words
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      Page 14 Advertisements Column 3
      231 14 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per person.
      231 words
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      Page 14 Advertisements Column 4
      151 14 13 I Swing at p Club 5 with the delightful sounds of the golden oldies w 24-hr Coffe«\(Jouij/ (Level 5) Where the service is good the ambience or eat. IT the ambteoce great, the toed simply marvelous! An experience you'l not fc*Qet. A choice of local, western or Indonesian set
      151 words
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      Page 14 Advertisements Column 5
      136 14 5} :<»iu; 11 >37:J join us as we come to the climax of the competition for Singapore's riches annual fashion and glamour event. Tickets for the Grand Finals at $90 nett are available at the Mandarin Reservations Counter. J 1» (,K \\l) I l\ \1 s I \i \M >\KI\
      136 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      179 15 entertain.. Happy Houes In The Paml Our early evening Happy Hour* at The Fountain Lounge are simply deligbtfuL For every drink, you otder you get the next one free. Phut, you get 25% off bottle purchases. And to make sure you're totally bappy, there's great music to listen to. Happy
      179 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      633 15 CRYPTIC PUZZLE ACROSS 1 Can they cancel convictions? (6) 7 Draw attention to a fielder on the off' (5, 3) 8 To which people turn for food information (4) 10 Sitting around being teased (6) 11 In which the solo player profits by lossl (6) 14 Cut low? Not exactly
      633 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1317 15 TV and RADIO A love for all time ik ~v x, i SS V w 1 s 3 aIVvN Ik? ,<■l 1 1' >7 :-ji Str^^p OUR CHOICE THE FRENCH LIEUTENANT'S WOMAN, 10.35pm, SBC 5 Meryl Streep's convoluted love affair spanning two centuriee hits the google box. It might have
      1,317 words
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  • SPORTS
    • Article, Illustration
      Lock icon Agassi sails through, Noah struggles
      422 16 WENNIS AP DEFENOING CHAMPION Andre Agassi easily defeated Glenn Michibata of Canada while Yannick Noah survived a match point before downing Jeremy Bates of Britain on Tuesday in the opening round of the Volvo International tennis tournament. Agassi beat Michibata 6-2, 6-2 and Noah rallied
      AP  -  422 words
    • Article
      Lock icon Bunge makes comeback
      207 16 AP BETTINA BUNGE, once ranked sixth in the world, returned to singles play for the first time since 1987 and toppled No 5 seed Lori McNeil, 6-2, 6-0, in the US$2OO,OOO Great American Bank Tennis Classic in San Diego. Bunge outplayed McNeil on Tuesday in making her
      AP  -  207 words
    • Article, Illustration
      Lock icon Australia regains Ashes
      597 16 CRICKET AFP ALLAN BORDER became the first Australian captain for 55 years to regain the Ashes in England on Tuesday, when he guided the tourists to a ninewicket success in the fourth Test in Manchester. The Queenslander's bitter memories of the 1985 campaign in England were forgotten
      AFP  -  597 words
    • Article
      Lock icon British players for S African tour
      248 16 AP SIXTEEN ENGLISH cricket players, including two blacks and many regulars from the national team, have agreed to risk fiveyear bans by participating in two tours to South Africa, organisers announced on Tuesday. The announcement was hailed in South Africa as a major breakthrough
      AP  -  248 words
    • Article
      Lock icon New Zealand shows concern
      123 16 AFP NEW ZEALAND Foreign Minister Russell Marshall said yesterday that his country would express to London its deep concern over the effect a proposed English rebel cricket tour of South Africa may have on the 1990 Auckland Commonwealth Games. He said the British government "must be
      AFP  -  123 words
    • Article, Illustration
      Lock icon Bruno-Tyson rematch next year
      315 16 BOXING AFP ENGLAND'S Frank Bruno is set for a rematch with world heavyweight champion Mike Tyson in London next year. Although Bruno has yet to decide whether to continue boxing after his defeat by the American at Las Vegas in February, Seth Abraham, head of Home
      AFP  -  315 words
    • Article
      Lock icon LeMond wants to quit Belgian team ADR for 7-Eleven
      227 16 CYCLING Reuter TOUR de FRANCE winner Greg LeMond wants to leave Belgian team ADR after receiving a "phenomenal" offer from American outfit 7-Eleven. Team director Jose de Cauwer said on Tuesday that LeMond wanted to break his contract which does not
      Reuter  -  227 words
    • Article
      Lock icon Britain hangs on to overall lead in Admiral's Cup
      398 16 YACHTING AFP BRITAIN clung to its overall lead in the Admiral's Cup on Tuesday, despite a French win in a dramatic fourth race in the series in Cowes. Within minutes of the start the fleet was thrown into disarray after a
      AFP  -  398 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      145 16 This announcement appears for the purposes of record only August 1989 ©DBS LAND DBS LAND LIMITED (Incorporated in the Republic of Singapore) Issue of *****,000,000 1.5 Per Cent. Bonds Due 1994 with Warrants to Subscribe for Shares in DBS Land Limited Offer for Sale by The Development Bank of Singapore
      145 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Cold Storage (M) forms joint venture with Wattie
      528 17  -  ■y ANDREA BORCH COLD STORAGE (Malaysia) Bhd ia making a bid to capture a bigger share of the bakery and related business in Malaysia with the help of Australian food company Goodman Fielder Wattie Ltd (GFW). The company announced yesterday that it
      528 words
    • Article
      Lock icon Kumpulan Emas proposes three share issues
      247 17 Bernama KUMPULAN EMAS Bhd (KEB) has announced proposals for three share issues and an executive share option scheme. It said that the proposed share issues consist of a one-for-three rights issue of 21 million shares of 50 sen each priced at 85 sen each;
      Bernama  -  247 words
    • Article
      Lock icon MAS's associate company Malaysian Helicopters to be listed
      417 17 MBT MALAYSIAN HELICOPTERS Services (MH3), an associate company of Malaysia Alrlina System (MAS), is sxpected to ba listed on ths main board of ths Kuala Lumpur Btock Exchanga (KLSE) in ths nsxt tew months. It is undsrstood that ths Capital Issues Committee
      MBT  -  417 words
    • Article, Illustration
      Hochstadt joins C&C board of directors
      188 17 HERMAN HOCHSTADT has expanded his pri-vate-sector portfolio with the addition of a directorship at Cycle Carriage Ltd. Mr Hochstadt. 55, joins a six-man C&C board headed by Tan Sri Datuk Baair bin Ismail as chairman. The other members of the board are Messrs Thomas
      188 words
    • Article, Illustration
      Kumagai-Zenecon's MD buys 8pc of Guthrie GTS
      552 17  -  LOW HUA KIN NOW HAS DEEMED INTEREST OF 20.47 PER CENT By HERMAN PHUA KUMAGAI-ZENECON Construction Pte Ltd's managing director and preeldont. Mr Low Hue Kin, hea emerged aa e new substantial shareholder In Guthrie GTS Ltd. Mr Low, who wes recently appointed
      552 words
    • Article
      Kamunting expects to post M$15m group pre-tax profit
      536 17  -  By WILLIAM CHIA KAMUNTING CORPORATION Bhd has forecast group pre-tax profit of M 515.2 million for the current financial year ending March 31. 1900. In its circular to shareholders yesterday on its proposed acquisition of Koperatif Serbaguns Malaysia Bhd (KSM) for MsBo2
      536 words
    • Article
      DIVIDENDS ANNOUNCED
      465 17 Can owl ■a •ooto Date TaMtar Total tar 4M» etotoo pa*** ■m yaar Myoar Atoii Hldgi N2» Sue 8 Sue 2* Avfcno io%rw Oct 14 Oct 24 No* 15 I0%TI 25%T€ B Sumbo wong 39%tal Jul 21 *"92 Aug 14 35%W 20% ftatu Kawan s%» Jul 21 Aug
      465 words
    • Article
      COMPANY BRIEFS
      182 17 CMIAN HUF HOLDMQS Ud has announced that its rights isaue which cloeed on July 31 hps bNn over-eubecribed by 64pPThe issue for $77.26 m nominal unsecured floating rata notaa #CDkl\ ,I||. lnnaUrihla m i ill 11 (rnN) Wfui tfinlffriOlt tion rights (TBR 1994) has ceived acceptances for S7om
      182 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      456 17 The Second in The Series J 11-l|.l !J We are a North America Proparly Investor (NAPI). We are looting for a Singeporeamjpmt venture pertier to buy tie StanCnart Bank BwMng Singapore, and far tie right one, we wi provide the whole cash purchase price: The queatfan tiat must come to
      456 words
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      Page 17 Advertisements Column 2
      230 17 CURRENCY INVESTMENT Wll Kl< I \l'K| SS TEL: 321 3333 (Incorporated in the Republic of Singapore) The Directors are pleased to advise the following unaudited results of the Company and the Group for the six months ended" 30 June 1960: COMPANY GROUP 1969 1988 1969 1968 ss*ooo ss'ooo srooo srooo
      230 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      20 17 oo>& cc&z j&r&o/M* 77//eoo&s r?/£~/zecr/M//trzn4T/e' t/AfflEMfP 72? ocje. cofpcornM? mSI n Yi by Martell Av£?/r&, £.3. L/A/f&#n#/A7&*/ 7*ST CO*rar&777A& CC&7Z
      20 words
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  • SES
    • Article, Illustration
      Late bargain-hunting helps market to trim losses
      1069 18  -  -By JOBEPHINE CHAN LATE BARGAIN-HUNTING by investors helped falling share prices recover soma of thair loaeee yaatarday. "Moat of the institutions kept to the sidelines, except to sell •elected stocks, and to do some Iset-minute bargain-hunting," a dealer commented. Profit-taking in Malayaian stocks
      1,069 words
    • Article
      Unit trusts
      306 18 Managers' prims far Aug 3 Royal Trust S«c Asia IT S'por* Gr Fund 0865 0906 IT Alio-foe Gr Fund 1.115 1 165 Singapore Unit Trust T%» Comwc* 1.17 1.34 TlM Sovings Fund 1 OS I II S'po r Prog Fund 0-47 0-51 S'pore S«c Fund 0.74 079 S'po'*
      306 words
    • Article
      COMPANY MEETINGS
      58 18 SINGAPORE AIRLINES LTD: 17th AQM at the Bencoolen Room, 4th Level, The Weatin Stamford Westin Plaza, 2 Stamford Road. Singapore 0617, on Aug 5, Saturday, at 11.00 am. HARRISONS MALAYSIAN PLANTATIONS BERHAD: 13th AQM at the Kelantan Room, Basement 2, Shan-gri-La Hotel. 11 Jalan Sultan Ismail, ***** Kuala
      58 words
    • Article
      SES SHARE INFORMATION
      6175 18 4 Tel Or# Gr s 1989 Company Last Vol Day Last Q uote Dlv Dfv rw Not M Cap mgn LOW Cod* Sale cr(*000) Hlg It Low Buyer 110 C*vr P/E $mM s AUG 02 4 i SESDAQ 168 120 t 4000 Amtek Eng 200 156 unch
      6,175 words
  • Page 18 Advertisements
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  • KLSE
    • Article, Illustration
      KL market closes mixed
      3505 19 SHARE PRICES on the Kuala Lumpur stock market cioeed mixed yeeterday as light buying alternated with profit-taking throughout the day in brisk trading. Dealers said lower-iirv ers snd speculative stocks again grabbed the attention of buyers, who comprised mainly individual investors. One dealer said ths market
      3,505 words
  • Page 19 Advertisements
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  • REGIONAL MARKETS
    • Article, Illustration
      Lock icon Sony to spend US$520m on European plants
      349 20 NYT SONY CORPORATION is to invest about 70 billion yen (US$52O million) in Europe over the next three years to increase its local production capacity there. The investment is intended to eventually make the local content ratio of Sony's products in Europe nearly
      NYT  -  349 words
    • Article
      Lock icon Bridgestone reorganises US subsidiaries
      246 20 AFP BRIOQESTONE CORP. Japan's largest tyre-maker, has reorganised its subsidiaries in North America, grouping them under one firm, BrkJgestone/Firestone Inc. The new company, based in Akron, Ohio, capital of the US rubber industry, will combine the activities of Firestone Tire and Rubber Co snd Bridgestone (USA)
      AFP  -  246 words
    • Article
      Lock icon Japanese companies take fresh look at Poland, Hungary
      421 20 Reuter CASH-RICH Japanese companies are taking a fresh look at investment In Poland and Hungary after Western governments called for private sector money to bolster political and economic reforms there, according to some trade experts in Tokyo. But lingering Japanese .doubts about
      Reuter  -  421 words
    • Article
      Lock icon Taipei: Higher
      376 20 Reuter THE TAIWAN stock Index extended it* early gains to and higher yeotorday on sustained inveetor interest in small capitalieatton issues. dealers said. The weighted indax gained 100.06, or 2 par cant, to and at 0,003.00 against Tuesday's 0.472.06 finish. Rises lad falls by 16 to one with
      Reuter  -  376 words
    • Article
      Lock icon Bangkok: Active trading
      173 20 Reuter THE THAI stockmarket roee slightly yesterday in active trading, although It •till lacked direction, brokers said. The SET index rose 0.66 points to 617.32. with winners leading toeers 54 to 44. Trading volume fell 126 million baht to 1.136.7 million. Brokers said the slight rise reflected
      Reuter  -  173 words
    • Article
      Lock icon New Zealand: Sharply higher
      185 20 Reuter NEW ZEALAND shares rose sharply higher in ecttve trade yesterday in response to a dramatic decline in government bond yields, brokers said. The Barclays index roee 44.66 points to end at 2,026.44 after November 1083 bond yields dropped to 13.32 per cent from 13.66 per
      Reuter  -  185 words
    • Article
      Lock icon Manila: Mostly higher
      178 20 Reuter PHILIPPINE share prices closed mostly higher yesterday as foreign inveetors and local institutions bought selected commercial slocks for long-term investment "There is an underlying strength in commercials from the support of local institutions and foreign investors," said Rudsen Albay, a trader at Barcelon Roxas Securities Inc.
      Reuter  -  178 words
    • Article
      Lock icon Bombay: Speculative selling
      149 20 Reuter SHARE PRICES suffered a set-back yesterday in the absence of inatitutional support triggering all-round speculative selling. Brokers said the absence of institutional support exposed the market's shaky undertone which had been undermined by rumours that Prime Minister Rajiv Gandhi might resign and call early elections. "The
      Reuter  -  149 words
    • Article
      Lock icon Seoul: Sluggish trading
      153 20 Reuter SEOUL STOCKS were mixed In sluggish trading as institutions bought financial issues whlls individuals remained on the sidelines yesterday, brokers said. The Composite Stock Index closed up 3.26 points to 804.24. Volume was 140.2 billion won againat 137.7 billion on Tuesday. Falls led rises 279 to
      Reuter  -  153 words
    • Article, Illustration
      Lock icon Higher despite profit-taking
      1229 20 Hongkong Reuter, DBS Securities AFTERNOON profit-taking pared most of ysstorday's morning's gains but Hongkong share prtoss ended higher with active overseas institutional buying support, brokers said. The Hang Seng index cloaad 3 87 higher at 2,562.63 after gaining 21 points at ona stage The broader-tMsed Hongkong Indax
      Reuter,; DBS Securities  -  1,229 words
    • Article, Illustration
      Lock icon Sharply higher
      418 20 Sydney Reuter THE Australian share market cloeed sharply higher yesterday aa market rumours. takeover bids and a rally in the bond market rueiiM invwtof wniimeni. The Ail Ordinaries Index closed 8.6 points higher at 1,647.8, (tearing the poet-craah high of 1,667.8 set on Aug 8 lest year. Dealers
      Reuter  -  418 words
    • Article, Illustration
      Lock icon Mixed closing
      369 20 Tokyo Reuter TOKYO SHAREB cloaad mixad yaatorday in modarala trada sftar morning buying pushad tha Nlkfcai Indax through tha kay 36,000 point mark to a new iraoea n*gn. Many paopla uaa 36,000 aa thalr profit-taking mark," aald Craig Chudlar, a Smith Naw Court markat strategiat Tha kay 226-ahara
      Reuter  -  369 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      305 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND ivM i: i i PARAMOUNT INSULATION ENGINEERING PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN that at an Extra-ordi-nary General Meeting of Members of PARAMOUNT INSULATION ENGINEERING PTE. LTD. duly convened and held at
      305 words
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      Page 20 Advertisements Column 2
      404 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF RAYA MILLS CORPORATION (PTE) LTD (In Creditors' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being voluntarily wound up, are required, on or before the 4 day of September
      404 words
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      Page 20 Advertisements Column 3
      77 20 INTERNATIONAL PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE 18 HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the above-named Company will be held at the offices of Messrs Ernst Whlnney, 10 Collyer Quay #21-01, Ocean Building, Singapore 0104 on 4
      77 words
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  • WORLD MARKETS
    • Article, Illustration
      Lock icon Dow dives in choppy session
      765 21 New York Reuter AMERICAN STOCK pricee ended a choppy seesion sharply lower on Tueeday, as program selling combined with profit-taking to erase s large portion of the previous day's advance. Analysts said the market's relentless climb made share prices ripe for s pull-back. "We've had
      Reuter  -  765 words
    • Article, Illustration
      Lock icon Weak ending for market
      923 21 London Reuter SHARE PRICES in London ended weakly on Tueaday but off the day'a loweat levela aa Wall Street recovered some of its earlier loeaes. Dealers said lack of corporate news and the absence of fresh UK economic data made for a quiet day'a trading. National
      Reuter  -  923 words
    • Article
      EUROPEAN MARKETS ROUNDUP
      1310 21 MILAN: Italian aharea edged up to new 1989 higha yesterday in an active trading session centred on the banking sector. The MIB index roee four points to s new 1969 high of 1,153. Volume remained fairly strong st 200 billion lire sfter s slow stsrt weighed down
      1,310 words
    • Article, Illustration
      Lock icon BAT to intervene in Hoylake's US lawsuits
      592 21 Holyake also gets unusual Takeover Panel request FT BAT INDUSTRIES, the UK tobac-co-based conglomerate, has decided to intervene in the US lawsuits filed by Hoylake Investments, the bid vehicle for the consortium led by Sir Jsmes Goldsmith. The lawsuits were filed against the
      FT  -  592 words
    • Article
      Lock icon War of words precedes new bid for Plessey
      699 21 Reuter A WAR of words, particularly over price, has begun again in British General Electric Co pic's and West German Siemens AG's sttempt to buy Plessey Co pic, even before the two predators hsve been given the go-ahead to re-bid. The UK
      Reuter  -  699 words
    • Article
      Lock icon McDonnell systems unit seeks UK listing
      365 21 FT McDonnell douglas, the American aerospace manufacturer, intends to turn its information systems unit into a UK public company early next year. This will follow the sale, announced on Tuesday, of its computer networking activities to British Telecom and the planned disposal of its
      FT  -  365 words
    • Article
      Lock icon Prosecutors' success in racketeering case paves the way for more suits
      329 21 Reuter THE UNITED STATES government's sweeping victory in the first racketeering caae against investment firm officials opened the door to similar chargea againat thoae who break the laws governing securities trading, lawyers predicted on Tueeday. A Manhattan federal jury
      Reuter  -  329 words
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  • Article, Illustration
    HDB move brings building sector new opportunities
    453 22  -  PETER SUNG ON THE SPIN-OFFS FROM UPGRADING OF ESTATES By LILIAN ANG CONVERTING present day Housing and Development Board estates into condominium-style developments will be a multi-bil-lion dollar exercise, offering new opportunities for the construction industry. The exercise will also provide a unique
    453 words
  • Article
    Lock icon Front-runner for Japan's premier
    151 22 AP A FORMER education minister who served a reform-minded government in the 1970s yesterday emerged as front-runner in the politicking to choose Japan's next prime minister, members of the governing party said. The key step came when the unlikely kingmaker in the Liberal Democratic Party, 78-year-old
    AP  -  151 words
  • Article
    Lock icon US, Japan find face-saving formula for trade talks
    401 22 Reuter THE UNITED STATES and Japan have finally found a way to talk about Washington's charge that Tokyo is an unfair trader without either side losing face. Japanese government officials said. The officials said in Tokyo yesterday that the two countries will
    Reuter  -  401 words
  • Article
    Lock icon US administration to push for greater savings
    330 22 AP US PRESIDENT George Bush's administration is planning a campaign against the chronically low US savings rate, with officials holding out the possibility that thrifty Americans will be rewarded with increased tax incentives. Treasury Secretary Nicholas Brady will open the campaign with a
    AP  -  330 words
  • Article
    Lock icon Senate approves amendments to US$295b defence bill
    159 22 AFP THE US Senate approved amendments to a US$295 billion defence bill early yesterday aimed at urging America's allies in Europe and Asia to assume a greater share of the burden of their defence. The amendments were passed by voice vote in a
    AFP  -  159 words
  • Article
    Lock icon China to crack down on tax evasion
    171 22 AP THE CHINESE government yesterday said it will inspect the nation's 14.5 million private businesses in a bid to recover almost US$5 billion in revenues lost through tax evasion. The State Taxation Bureau will check the books and tax registrations of private industrial,
    AP  -  171 words
  • Article
    Lock icon Kidnappers extend deadline on US hostage
    331 22 Agencies A DEADLINE set by pro-Iranian kidnappers to kill US hostage Joseph Cicippio has been postponed raising hopes that his life will be spared, Shiite Muslim sources said. The Revolutionary Justice Organisation had said Cicippio would be killed unless Israel freed a Shiite Muslim
    Agencies  -  331 words
  • Article
    Lock icon Britain allows bid for Plessey by GEC and Siemens
    154 22 Reuter BRITAIN cleared the way yesterday for a hostile takeover bid for one of its major military contractors by an Anglo-German consortium aiming to create Europe's largest electronics and defence conglomerate. The Department of Trade and Industry (DTI) said General Electric
    Reuter  -  154 words
  • Article
    Lock icon Barclays' interim pre-tax profit down 8 per cent
    194 22 AFP BARCLAYS, one of Britain's big four banks, said yesterday its pre-tax profit for the first six months of this year had slipped 8 per cent from the same period last year to £590 million (US$973 million). It said it had set
    AFP  -  194 words
  • Article
    Impressive growth in tourist arrivals in first five months
    429 22  -  By JOHN TAN TOURIST ARRIVALS for the first five months of this year showed no signs of letting up, notching up a high 14 6-per-cent growth over the same period last year. Heading the pack are visitors from the Americas Canada.
    429 words
  • Article
    Lock icon Cambodian factions re-arming
    188 22 Reuter AN ARMY of experts set to work in Paris yesterday on an eventual settlement of the Cambodian conflict, but diplomats doubt whether a Vietnamese troop pull out next month will bring the peace needed to put their ideas into practice. While the talking goes on, diplomats
    Reuter  -  188 words
  • Article
    Indonesia going ahead with normalising ties with China
    223 22 INDONESIA is to go ahead with the normalising of relations with China, President Suharto told Prime Minister Lee Kuan Yew in Bandar Seri Begawan yesterday. The President's statement clears recent speculations that Jakarta might delay its plan to normalise ties with China
    223 words
  • Article
    Lock icon Comex gold and silver
    86 22 Reuter COMEX GOLD futures fell on scattered selling in the first hour as traders got out of long positions taken overnight on concerns the Middle East hostage crisis could escalate. Spot August gold lost US$l.lO to U*****.70 an ounce. December retreated US$l.3O to U*****.50. Comex silver
    Reuter  -  86 words
  • LATE FILE
    • Article
      Lock icon Growth rates for Asian NIEs to fall
      43 22 AFP THE average growth rate in South Korea, Taiwan, Hongkong and Singapore is expected to fall sharpiy from 9.7 per cent last year to 6.8 per cent in 1989, Mitsubishi Research Institute Inc said yesterday AFP
      AFP  -  43 words
    • Article
      Lock icon GEC to make phones in M'sia
      38 22 Reuter GEC Plessey Telecommunications Ltd (OPT) said yesterday it had signed the initial phase of a £16 million contract with Malaysia's Sapura Holdings Sdn Bhd to make new technology payphones in Malaysia.
      Reuter  -  38 words
    • Article
      Lock icon Manila visas for Hongkongers
      33 22 AFP PHILIPPINE officials are preparing a law that would allow Hongkong residents to obtain two-year resident visas with s deposit of US$2OO,OOO, senior officisls in Manila said yesterday. AFP
      AFP  -  33 words
    • Article
      Lock icon CPA direct flights to LA from 1990
      51 22 Reuter CATHAY PACIFIC Airways Ltd will Isunch its first-ever non-stop service between Hongkong snd Los Angeles on July 1, 1900. The Hong-kong-based airline said It will start with four flights per week and build to a daHy service by the summer of 1901.
      Reuter  -  51 words
    • Article
      Lock icon Saturday opening for HK tunnel
      32 22 AFP HONGKONG'S second croeshsrbour tunnel, worth US$436 million and two kilometre long, will open on Saturday some six months ahead of schedule, the builders said yesterday. AFP
      AFP  -  32 words
    • Article
      Lock icon Poland elects Kiszczak as PM
      36 22 Reuter POLAND'S parliament yesterday elected Interior Minister General Czeslsw Kiszczak aa prime minister but voted for a commiaaion that would consider impeaching the outgoing Communist-led government over its economic record. Reuter
      Reuter  -  36 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon French firm wins cruiser contract
        72 23 Reuter CHANTIERS DE L'ATLANTIQUE, a unit of France's Alsthom, has won an order to build a 2,730-passenger cruise liner from the USNorwegian Royal Caribbean Cruise Line. Delivery is due in March 1992. Industry sources said the total cost of the ship would be around 2.5
        Reuter  -  72 words
      • Article
        Lock icon Chennel ferry skipper in court
        73 23 Reuter SEVEN PEOPLE, including the captain of the English Channel ferry Herald of Free Enterprise. appeared in a London court on Tuesday charged with manslaughter over the 1987 disaster when the ship capsized and 193 people died. The ferry turned over after it set sail
        Reuter  -  73 words
      • Article
        Lock icon Tanker rescues expedition crew
        72 23 AFP A BRITISH TANKER rescued three Japanese and three Indonesian sailors on Tuesday after their traditional Javanese vessel was damaged in heavy seas off the Japanese island of Okinawa, the Japanese Maritime Safety Agency said. The Japanese and Indonesians were tracing a 7,000km ancient sea route
        AFP  -  72 words
      • Article
        Indian shipyard seeking state help
        124 23  -  by Shirish Nadkarni HOOGHLY DOCK and Port Engineers Ltd, one of the three shipyards under India's Transport Ministry, has approached the government for 40 million rupees in the current financial year to tide over its losses. Accumulated losses since it was nationalised in 1984 stood
        124 words
      • Article
        IHI gets Panamanian order
        78 23 PACIFIC FUND NAVIGATION of Panama has ordered a 22,000-gross-ton bulk carrier from Japanese shipbuilder Ishikawajima-Harima Heavy Industries (IHI). The order is worth 3.2 billion yen (U5522.7 million), about 23 per cent higher than a similar order made with IHI. Construction will start next March and is
        78 words
    • Article
      Lock icon Dutch group to do feasibility study on Suez expansion
      165 23 Reuter THE EGYPTIAN GOVERNMENT has commissioned a DutchEgyptian engineering consultancy consortium to conduct a study into the feasibility of expanding the Suez Canal, a spokesman for the consortium said. "On July 26, the Nedeco consortium received a commission from the Suez
      Reuter  -  165 words
    • Article
      Index to advertisers
      865 23 ABC Containerize XI 5 Accord Shpg VIII 3/4 Arrow Unas 5 ANl HI 1/2 A PC line VII 5 API V 3-5 ASCI V 1 Australia Line VII 1 Bait-Canada line a 4/5 Bait-Orient line IX 4/5 Boltic Orient Shpg XI 4 Bangladesh Shpg VII 2 Bank
      865 words
    • Article
      Lock icon W German shipyards negotiating for major Soviet contracts
      270 23 Reuter WEST GERMAN SHIPYARDS are negotiating with the Soviet Union to build about 50 cargo ships for an estimated 4.5 billion deutschemarks (US$2.4 billion), Klaus Neitzke, spokesman for the Howaldtswerke Deutsche Werft AG (HDW) In Kiel, announced on Tuesday. The initial order
      Reuter  -  270 words
    • Article
      Bright short-term outlook for box leasing
      569 23  -  RATES COULD HIT AS HIGH AS US$3 By RAHITA ELIAS THE BUOYANT container leasing market is expected to maintain its momentum at least till the first quarter of next year. Major lessors indicate that short-term leasing rates for 20footers are currently averaging US$2.5O, and
      569 words
    • Article, Illustration
      Floating hotel at SemBeth for refurbishing
      354 23  -  By LINDA CHEE JOHN BREWER is back In Singapore. The 200-room floating hotel, built in the Republic two years ago, returned early this week to be spruced up before leaving for a new assignment in Vietnam. Sembawang Bethlehem (SemBeth) has been contracted to do
      354 words
    • Article
      Lock icon UK union chiefs vote to end strike
      144 23 Agencies LEADERS of the British Transport and Gsneral Workers Union (TGWU) voted on Tuesday to halt a national dockworkers' strike called more than two weeks ago to protest against government plans to end guaranteed lifelong employment. However, dockworkers in Liverpool, among the country's
      Agencies  -  144 words
    • Article
      Lock icon Strike debacle deals massive blow to Britain's largest union
      647 24 FT the: THREE-WEEK-LONG national dock strike in Britain was called off on Tuesday by the Transport and General Workers Union's leadership. The decision, which followed returns to work which left striking dockers in a minority, represents an ignominious defeat for Britain's
      FT  -  647 words
    • Article
      Sea-Land spending US$33m on new boxes
      246 24 AMERICAN CARRIER Sea-Land Service is spending about US$33 million on 1,393 refrigerated containers to replace the older boxes in its fleet. These high-cube containers, to be fully delivered by the first quarter of next year, will be deployed in its worldwide network. The investment
      246 words
    • Article
      Consortia
      160 24 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nediloyd Lines
      160 words
    • Article
      Shipping events
      584 24 Ai| 14-28 Manila-based Asian Institute of Management (AIM) will conduct its third sea tranaport coflrse for Asia's maritime managers. The course, deflgned for those involved in the management of shipping companies and maritime operations, will imfort a comprehensive and critical managerial overview of the international merchant shipping as
      584 words
    • Article, Illustration
      Lock icon New industrial heart for Thailand
      708 24 COUNTRY PINS HOPES ON EASTERN SEABOARD DEVELOPMENT PROJECT Reuter ON A FLAT coastal strip 200 km south-east of Bangkok, Thailand is completing a huge new industrial base meant to change its economic profile. At Mab Ta Phud, a new deepsea port, petrochemical plants and other
      Reuter  -  708 words
    • Article
      Container schedules/ships in port
      1929 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtalner Schedules Blk Op Gdn Date/Time Time From Time To Booking Gale Alodta M 06/487 *****9 1700 awBoo 03,0900 NA i HJ 00 FX Anon TOWN 050BJ9 1500 03/2000 04/0230 NA 2 ra 00 905
      1,929 words
    • Article
      Lock icon Shipping conferences lose privacy in Australia
      162 25 Reuter INTERNATIONAL CARGO SHIPOWNERS will in future have to make public their cartel agreements on exports from Australia, according to government sources in Canberra. The conferences (cartels) could previously keep secret the agreements fixing prices, timing of port calls, and general use of their
      Reuter  -  162 words
    • Article
      London Freights
      972 25 THE DRY cargo single voyage market remained quiet in most sectors of the market on Tuesday and the Baltic Freight Index panel marked down their rate ideas for nearly all routes which led to a one point fall in the index to 1,392. However, the recently active US
      972 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3462 32 B«y, Trtot, Aug 3<PK). fcfcnkiurt Express. Triot, Aug 3. Vtfe de Mercure. CM DAffretem#nt, Aug |Mrui( Mubarak, Noraaia Lina, Gallant. Evergreen. Aug 5. Mfr>g Ptaaaura. Yang Ming. Aug 7. Noton, ScanDutcht. Aug 7. Heidelberg Express. Triot, Aug Aana Maersk, Maarsk Line. Aug
      3,462 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      39 23 r X» pr <l Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National \'MSrmAl Shipping Association For advertising and circulation enquiries, please call Buainess Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      39 words
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      Page 23 Advertisements Column 2
      88 23 THE SPECIAUST IN: Wire Rope Slings e Lathing w DffiXMABINE SUPPLY 00. (PTE) LHI MM |l LMES) TIX MCCO HI MB FAX: MMff Sm Pag* H Black cat delivers the purrrfect service Specialists in: Airfreight Seafreight Domestic Overseas Moving Business Carrier of valuables such as works of art archaeological objects
      88 words
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      Page 23 Advertisements Column 3
      115 23 INSIDE \UL "i n h X Thailand's new; industrial heart: ON A FLAT coastal strip 200. km south-east of Bangkok. Thailand is completing a huge new industrial base 1; meant to change its economic profile. It is a key; part of the government plan to bring Thailand into the same
      115 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1164 25 OOCL IX'clictifed to JAROINE SHIPPING AGENCIES 200 CantsnflMOl Ro*d #12-06 Soutfcpoint, Smppora 0208 Tai *****11 TELEX NO RS ***** TERMINAL/CES TM *****18 220 BOOKINGS Tal *****34 23S PESAKA J AROINE SHIPPING AGENCIES SON MtO. PORT HE.LANG TEL *****11 Tatai No. MA*****/MAJ97OI PCNANG TEL *****4 TELEX NO MA***** CFS TEL 34*06
      1,164 words
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      Page 25 Advertisements Column 2
      1009 25 MAERSK LINE DESTINATIONS MARORETHE M. METTE M LAMS M REOINA M LAURA M LEXA M 16A zv« urn 30A 24/8 M 31/8 13A 7A 20A 14A 27A 21/9 METTE M LARS M LAURA M LEXA M TMa M* Ant CV 6A 2300 I CFS 6A 1300 M ROTTERDAM 8012 M
      1,009 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      517 26 ft Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT s P. KELANG SOUTHAMPTON m* 24/8 LE HAVRE 31/* TTTT ALSO ACCEPTING CAMO TO: AU UN INLANO OESTINAT BELFAST, DUBLIN. COPENHAGEN, AARHUS, GOTHENBURG, MAUfO. HELSINKI. OSLO, CARINEAN A 1 AMERICA CONTAINER SERVICE FROM UK/CONTINENT BREMER- R'OAM/ SOUTHVOY NO HAMBURG HAVEN ANTWERP LE HAVRE AMPTON
      517 words
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      Page 26 Advertisements Column 2
      274 26 V r c COLUMBUS LINE REEDEREI GMBH iA SfRVICt Of MAMBUHI, SUDI EXPRESS SEMI CONTAINER SERVICE TO 13/10 (ASIA-SOUTH PACIFIC SPOKE COLUMBUS NIUGINI VIS 17/1 I MORAYBANK VI2S M I JOMT SERVICE) Acccptinf LCL cam for mam ports discharfo and alio to 1 Kavtonf, Kiota, Honiara via Transhipment Port KoUm's
      274 words
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      Page 26 Advertisements Column 3
      657 26 TO EUROPE ""TP sin n, BRE NOR ASIA MUBARAK MS-3 2* 3* 4* 29* H* 1* NORASIA AL-MANSOORAH «20-3 M 101 11* 1* 1* M JAPAN SCA SOW 160 17/1 I*l 12/1 10 ISA NOR ASIA SUN M 22-3 23* 24/1 25* IS* 21/9 22/9 Alto wxepting all U.K. Dwtinatiom,
      657 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1070 27 Steamers Maritime Holdings Ltd \3 P&O Containers STRAITS SHIPPING ITT~ I*"* 1 i.-ONTAINERSERVICETO UK CONTINENT 'Wrriirv^ mm nut van PEGASUS PROGRESS VS7K BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 KI i RLlkUa MEJ 7J» Jf-f." JA. tJ »w.u I '1J »i.'L I« CkNTAINERSHIP SERVICE FROM UK CONTINENT H'bufg VIM ALASKA
      1,070 words
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      Page 27 Advertisements Column 2
      896 27 PUO YAWP I IMC WEEKLY EXPRESS INDEPENDENT unU TMrIU LIliL far east europe fully containerised service Lli-HiMiL HANJIN TONGHAE MM S* Z3O 24/1 2S/B Z HANJIN ROTTERDAM Ml Ud *B OJB 1/1 CHO YANG CHANCE MM lt/l M 7/11/*) HANJIN HASAN OSM 21/1 13/1 14/1 IV* I Atoo actoftinf for
      896 words
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      Page 27 Advertisements Column 3
      290 27 /y Hai Sun Hup Co (Pt< IAC, \i; I.!x!;i. straits/ japan/ num service SPECIALIST IN RO-RO HEAVY LIFTJ VESSEL VOY. NO. Fptn P. Kolang aim 117 COSMC TRADER 1 SEKI MATSUYAMA 71 NOTE: ALSO CALLING OTHER JAPANESE POUTS, HONGKONG, TAIWAN i CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE ■ARINE
      290 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      512 28 \1 SINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES MAN TAKHTI 20 AIK BANDAR ABBAS KYOWA LINE fffftOOUCMQ KYOWA FAST OMKCT B/BULK/COMTASCN muvkc moM rroMM to ouam/sa»an and BASIS AMO/OA i U DAYS ONLY ■t ITA SPORE •mkronesia ports direct calls on inou mm AT GUAM Off SAIPAN
      512 words
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      Page 28 Advertisements Column 2
      604 28 6?) HANJIN SHIPPING FULL CONTAINER SERVICE 1 TO EUROPE VIA SUEZ HANJIN TOM HAf MM HANJIN KOTTIRDAS MM CNOYANC CHANCE MJW FAR EAST PORTS TO 9 TO USA PACIFIC SOUTH WEST FROM EUROPE VIA SUEZ TO EAST COAST (ALL WATER SERVICE) HANJIN If NAVM I quamsAr mid ■.THAT MM 1%
      604 words
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      Page 28 Advertisements Column 3
      624 28 it EVERGREEN Round-The-World East Bound (FE/CARIB/pSEC/EURQ/FE) EVU GARDEN EVU GROWTH EVU GRANO EVU GIFTED EVU GREET ALSO ACCEPTIRC* 0 mkwioence. I PKL SOP MM KBG KLC Ml m> m p HP m u um um am nm am £2 SS K 22 52 as *m mm urn urn urn urn
      624 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      659 29 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES LjljJL dyj VOK MOO MM 1M 1M 17,t IW (■ll 1M MM |f TTTYTT7 SIN MCX M 7M S7N »in im in itm im M nm M IM 17 It EE 1 n E IM
      659 words
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      Page 29 Advertisements Column 2
      597 29 r I BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT mm fKJ w w m M UM Ud VI ad v» v» w w Mi 1» a* M www IT*, RB, M iv* \mm.u» ■Ml* T*. TASMAN ASIA SHIPPING NEW CALEMNIA, FIJI Ml ■AIM LINE (TS) NRG NOUMEA SUVA AM.
      597 words
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      Page 29 Advertisements Column 3
      235 29 BOUSTEAD SHIPPING AGENCIES ■YWAYWA NTonrrvA vawr HFA-A* VMI MYANMA FIVE STAB UNE (Burmese National Line) Loading for Rangoon Sport P.KoUnf Ponong Bmchafc am tm t 588 THE MNK UNI COLIMOUS NIUGINI VRS Spin 171 ■OtAY BANK VUS Spvt sft (CAUIK UK DMECT) (FOC prt: KMT KWESTr/LAC/RAIAUL) > TjIJjLOTAU. OtOOAY, NEWAK.
      235 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      853 30 K LINE k WYASAKI KIM K I V I I D VIA FEEDER 4JDCT FREEDOM rOOCL FAITH '9Mk FRIENDSHIP IfOTUNE jade FEEDER VESSEL OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE EDER VESSEL USEVEN SEAS BRIDGE UKMGKOMG CONTAINI Dumber bridge PNEPTUNE ZIRCON NMMANDIE BRIDGE •NEPTUNE TOPAZ "OOCL HONOUR |-VIA FEEDER
      853 words
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      Page 30 Advertisements Column 2
      555 30 AUSTRALIA EXPRESS CONTAINER SERVICE KALIOAS V 44 TULSIDAS ¥.43 KALIOAS V.4S TULSIDAS 44 HAL I DAS V.« Tnnut imm S<m i; is* 1 Oct a Oct 17 N» I mbowiw 11 *yi Br Fmtm Fad* 11 A* 11 A* Fr«MWb/Srdn/Adtl 1 S«pt 1 S*t Frai^Mb/Sfd^AM V Oct 27 Oct Fran^Mb/SrttVAM
      555 words
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      Page 30 Advertisements Column 3
      241 30 GO. GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a. T«t*k Ay*r Street SIWCAPOtf HM TIL SMJM (U UWtS) Fu WW STRAITS/PERSIAN GULF SERVICE: S>w f. KM* P OOLDtW HAW CdiwtifriradjyPMf UlUpNt COCDt* MA* Out* M/X fipS CHINA ItJtVICI BAi TUIISHAH IMntfu fclNrt CHINA OCEAN SHIPPING THE PEOPLE'S REPUBLIC M OH
      241 words
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      Page 30 Advertisements Column 4
      501 30 PHILI-ORIENT LINES PTE LTD Ufa:, Office 108 HOBiNSON «C A{ M B Ul. r• N r S Arc R r EAST/FAR EAST FCI ft Id ETA SINGAPORE ASI "in rrr 2222C221 EAST/VEST AfMAflO. Rl ft LCI a. im I" —rrrwrrr-rrf rr*ra P5 I'l Fa i LCI tt a 7" DALLAS,
      501 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      695 31 NEPTUNE ORIENT LINES LTD E XPOR I WFUNE SON BHD KLuhmm fmam *****33 v\C3 7 62OJtf n*X) uvec ami urn I M P R T rot vsl/voy C 5 aft Jf TODU VSL SOP N. Ivory 19N 6/8 N. iMnld 16N 13/8 N. Ivory SON 30/8 N. Emerald 18N 38/8
      695 words
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      Page 31 Advertisements Column 2
      694 31 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (IS Lines) Terminal Off* Cable Address SINSOV SINGAPORE Telex Numbers RS 213® RS ***** RS ***** psmbnb p. mum MESSRS lUU THONG SNIPPING 127 PttMtSrttL Ptna*. M*y«. MPS NANOUNC SYSTEM CO MN. SMO. Catte MYAPOH
      694 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      250 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 Lnts) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO f DSR-LINES .TPACh t SEE"EEDE"E RCST 1 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE LI" '-iL 1 [if Trrm\ N. CESIELSKI VSH
      250 words
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      Page 32 Advertisements Column 2
      106 32 SANWA LINE FULLY CONTAINEHISEO DIRECT SERVICE STRAITS/HONGKONG/TAIWAN/JAPAN Ak ali 8 VOY 07/10 13/10 15/10 19/10 22/10 11/10 m r* PORT KLANG AGENT INTEGRATED FORWARDING SHIPPING SDN RHD. TEL: *****04 FAX: *****49 INTERTEAM SHIPPING AGENCIES PTE LTD We've moved to:80 Anson Road #31-01 A IBM Towers Singapore 0207 Tel: *****27 Tlx:
      106 words
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      Page 32 Advertisements Column 3
      182 32 FLEET SHIPPING PTE LTD 20 Maxwell Road #11-10, Maxwell House Singapore 0106. Tel: *****07, 221-3808 FAX; *****58 (CR No U*****0000R) TLX RS ***** FLTSHIP WEEKLY LCL CONSOLIDATION DUBAI/BAMMAM/KUWAfT lAHRAIN/11. QAIOOS/00HA 13 AUG. 24 AUG JEODAH 12 AUG. 23 AUG lAHDAR AIIAB 7 AUG, 13 AUG, 24 AUG EAST/WEST MED. FCL
      182 words
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      Page 32 Advertisements Column 4
      442 32 *L CONTAINER LINE. ASEAN PORTS BANGKOK s sailings a week Ngow Hock Agency Co Ltd BKK (Tel: 28 SINGAPORE rrrw Sat Sjm 15* I Frl 1M SM 1M Sal ARNSTAOT PIYA 3HUM SONCKHLA -1 sailing a week Naow Hock Aaencv Co Ltd Skla (Tel: *****4 VESSEL VOY UN iy» P.KELANG
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      147 32 Regional Weather A m i 71 i sL w r\ m J SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJL C <We<»on with tpeed n knot* V Shy W h gW Surfoc# wMdi Of# bf or raw i wKidi Hy witfc Hw wwd On* ful circle repre*en»* calm or kght
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      551 33 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 0 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSCCR* 0 EAST BOUND SERVICE ETA S PORE LOADING FOR 3/8 Iraq/Japan THROUGH B/Li to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AO ABA A BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA
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      Page 33 Advertisements Column 2
      304 33 I ffl RICHFIELD MARINE AGENCIES |S) PTE LTD TEI 2?S01 33 (10 Linei.) t-AX *****15 TELEX HS 3SSSJ fIISMIP (3 lines! ACCEPTING FCL AND CONVENTIONAL KN/PKQ ETA LOADING FOM NETSANTT JOT OAMCSSALAAM. MOMBASA. OJWOUTI voy mm assab massawa. hoocioah MV ANOMCT XVIO _do VOV 17WB Othar ports along the rout*
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      Page 33 Advertisements Column 3
      767 33 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 m ft TK GREAT ANDES SERVICE FEEDER VSt ttE N IVOKY 1«N M nn n. em it ai.d i» um am ■OTMER VESSEL KEE LIR CAT ZZU 170 LUCIE 24(9 a* CARGO FOR PUNTA ARENAS TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      466 34 il I A i. MERCHANT MARINE CO., LID EASTBOUND TO USA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE TO PSW HYUNDAI PIONEER LALAHOIA HYUNDAI CHALLENGER HYUNOAI INNOVATOR HYUNDAI EXPLORER HYUNOAI COMMANDER SIN HKG LIN OAK SEA 2SE H|R mh an )W m 2se um um mm mm mm z7e iM» um um
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      Page 34 Advertisements Column 2
      192 34 OEC CONTAINER FREIGHT SYSTEM (S) PTE. LTD. (AGENT FOR TOP NVOCC ORIENT EXPRESS CONTAINER CO LTD) Fixed Weekly Consol on ANERA Lines To All Points In USA via LA/LB. SINGAPORE TO EXCELLENT RATES TO CO-LOADERS SIN: *****00/*****11 FAX: *****62 MAL: *****96 (PK) *****98 *****8/*****2 (PEN) *****0 JKT: *****4/*****6 *****01 £-»oedituf
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      Page 34 Advertisements Column 3
      573 34 bx JE CONTAINER LINE f A TEL: *****59 FAX 22*363 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST HONG KONG CHINA KAOHSIUNC m 128 BUSAM VI ft 7/1 TOKYO 40 ft 70 KOK 4/1 ft 7* NAQOYA ft icys SRI LANKA/ INDIA M REGULAR CONVENTIONAL SERVICE TO LOAMS
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      Page 34 Advertisements Column 4
      394 34 y, .y ~y «»vv QJ Mitsui OS K Lines Ltd EXPORTS TO PSW CUNNECTING AT |TO DOUBLE STACK trains ETi CEJI Ei t'-'l'ur L 2 i*:m 322 El XZ !U ZEE E-J ICJ r" 'v f/i. jmKi uL'JLTMETJICJt.-.aL-JIFI m ''""V" .TT-T-Baaaacaciaci o f'i'i ii" iimo ncJiaiEeaaceEe of" i. it' -rnn
      394 words