The Business Times, 9 August 1989

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, AUGUST 9, 1989 75 CENTS
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  • 239 1 Dow unchanged WALL STREET blue chips were nearly unchanged in mid-morning trading after slipping off their peak just above 2,700 as profit-taking outweighed investor enthusiasm over Monday's gains, analysts said. The Dow was unchanged at 2,095. Reuter Footsie up LONDON share prices were higher at midday yesterday
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  • 758 1  -  EXTRA SALARY FOR CIVIL SERVANTS IF GROWTH EXCEEDS Bpc By ZHOU MEI ECONOMIC expansion is expected to hit 7.5 per cent to 8.5 per cent this year, based on the growth recorded during the first half of the year. This represents an
    758 words
  • 234 1 SHARE PRICES of major regional stock markets closed generally higher yesterday, boosted by Wall Street's overnight 41.54point rally. On the local front, share prices ended broadly higher. Brokers said the market picked up shares on expectation of good GOP figures for the second
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  • 535 1  -  By MARTIN SOONG SELECTIVE IMMIGRATION, said Prim* Minister Lee Kuan Yaw yesterday, can help rejuvenate the competitive zeal of Singapore's post-independsncs population. And attracting talented, dynamic immigrants is also the beat means, in the long term, of creating a fulfilling and rewarding
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  • 247 1 AFP IRANIAN PRESIDENT AH Akbar Rafsanjani has accepted a reported US proposal to use Iran's influence to help release foreign hostages in Lebanon if Washington unblocks frozen Iranian assets. "The first step should be taken by the US," an unamed source close to
    AFP  -  247 words
  • 126 1 AP A JAPANESE company has struck oil for the first time in Malaysia. It Is the first strike on land In Malaysia in more than 50 years. Kelta Matsunoki, legal and liaison officer of the Malaysian Baram Oil Development Co, said yesterday the strike came
    AP  -  126 words
  • 458 1 Agencies JAPAN'S ruling Liberal Democratic Party yesterday selected as prime minister Toshiki Kaifu, who called on the people to give the LDP a chance to "carry out political reforms and shed our old skin". The 58-year-old former education minister now has the
    Agencies  -  458 words
  • Page 1 Advertisements
    • 74 1 Measured for success A success story fabricated from Wain Shiell, Dormcuil, Scabal and Ermenegildo Zcgna Tailored by Melwani. la collation 11 VanGeef&Arpels Paris f, r f f f i V. C c e SPORT "2" Authorised dealers ROY EASTERN WATCH PTE LTD Tel: *****39, *****35 DELUXE EASTERN WATCH PTE LTD
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    • 207 1 Mora reports on tho Second Quarter 1989 Economic Survey of Singapore, PAGE 2 Full report, PAGE 12 Regional mkts, PAGE 14 Work! mkts, PAGE 15 (aDGraacrira Editorial Comment: 8 Onward, to the 25th milestone Management consultancy 8 Providing a vibrant centre for blossoming advisers Canada 9 More HK Chinese heading
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    • 8 1 Kalfu predicted premiership 29 yeers ago, Page 3
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    • 168 1 Measured for success A success story fabricated from Wain Shiell, Dormeuil, Scabal and Ermenegildo Zcgna Tailored by Mdwani HOW WE'VE i Built-in retractable TTL Auto flash. Autofocus with spotbeam AF assistor in low-light. *****0 sec, shutter speed. Illuminated LCD CENTIC Display Panel. Auto bracketing. 3-frame self-timer. Flash sync speed *****
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  • ECONOMIC SURVEY 2ND QUARTER '89
    • 425 2 CONSTRUCTION FOR THE FIRST TIME in memory, the private sector hat overtaken tha government aa the bigger generator of work in tha construction industry. Tha switch-over occurred in tha second quarter of this year, with tha trend leading to it already discernible in early 1967.
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    • 511 2 FINANCIAL BUSINESS SERVICES {he FINANCIAL and business fsrvicee sector has emerged as Singapore's fastest-growing Economic sector for the second sonsecutive quarter. J It outperformed the other secewith a 13.3 per cent growth during the second quarter of year, following a 12.4 per cent rlee
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    • 456 2 OTHER ECONOMIES IT IS VITAL to Singapore's economic well-being that the US should continue to grow. While there is a need for the US to keep inflation in check, it is crucial that the measures used should not trigger off s recession in
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    • 590 2 MANUFACTURING AFTER regaining the lead last year as the biggeet contributor to the gross domestic product the manufacturing sector has fsilen back to second place behind financial and busineas services. Manufacturing also lost out to the finsncisl and buainesa services sector in growth.
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    • 125 2 PROSPECTS INDUSTRIALISTS and businessmen continue to be upbeat about their business prospects for the next six months, according to the second quarter Economic Survey report. Among those surveyed in the manufacturing sector, businessmen in the textiles, footwear, garments, printing and publishing industries expect their output to be
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    • 350 2 COMMERCE THE COMMERCE SECTOR grew at a much slower rate of 8.0 per cent in the second quarter, compared with a 16 per cent rise during the same period last year. Growth in this sector was propelled mainly by the strong performance of the
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    • 460 2 HONGKONG FACTOR GETTING HONGKONG FIRMS to transfer part of their operations to Singapore is the Economic Development Board s latest mission. EDB chairman Philip Yeo had meetings laat week with a number of Hongkong business tycoons and industrialists in the British colony. Trade and Industry Minister
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    • 532 2  -  TRADE Reoorts bv LOH HUI YIN, LEE HAN SHIH, ZHOU MEI, LILIAN ANG, JEFFREY TSANG,DEXTER LEE TRADE in the first half of this year grew at a markedly slower pace than in the first half of last year. According to the Economic Survey of Singapore, total
      Source: Economic Survey of Singapore  -  532 words
  • Page 2 Advertisements
    • 238 2 Successful Writer writing earn while you leam The Writing School, founded in 1949, shows you how to write articles, short stories, novels, romances, radio and TV scripts, technical articles, children's stories etc. Top professional writers, through the medium of The Writing School's comprehensive home study course, give you individual tuition,
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  • FOREIGN NEWS
    • 679 3 Reuter, AP vPAN acknowledged yesterday at its huge trade surplus was ilikely to shrink much, if at all. it said the United States must tare the blame. "The basic trend is for ex>rta to strengthen and for im>rts to increase, with the
      Reuter,; AP  -  679 words
    • 928 3 ARRIVALS Operator C j \4\4~ dtrvicf Local From number timo MAS MH640 0820 KUL AM 3DASB/C 0830 *GN SWAZ1 KAL KE624 0840 KUL MAS MH653 0910 P€N MAS MH630 0920 KUL SU SQ103 0950 KUL OA CX710 1000 CGK •AW CX710 1000 CGK MAS MH607 1020 KUL
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    • 245 3 AFP AMERICAN OFFICIALS mentioned no specific quotas in Tokyo on Monday during the first round of talks with Japan on Washington's new steel import policy, Japanese officials said. Instead, deputy US Trade Representative Linn Williama urged Japan to support
      AFP  -  245 words
    • 491 3 Palmer sticks to tough anti-nuclear stance AFP GEOFFREY PALMER, sworn in on Tuesdsy as New Zealand Prime Minister, said that while he might not be able to deliver the excitement of hia predecessor Mr David Lange, he would be sticking to his
      AFP  -  491 words
    • 177 3 AFP AUSTRALIAN Prime Minister Bob Hawke said yesterday his new New Zealand counterpart Geoffrey Palmer was well qualified for the job: intelligent compssaionate and a man Mr Hawks can beat at golf. Mr Hawke made his remarks to reporters shortly after Mr Palmer
      AFP  -  177 words
    • 492 3 AP IN 1960 a cocky 29-year-old politician predicted that in another 29 years he would be prime minister of Japan. Toahiki Kaifu made that prophecy reality yesterday aa he was voted to head the Liberal Democratic Party, assuring him of becoming Japan's 19th poetwar
      AP  -  492 words
  • Page 3 Advertisements
    • 40 3 The business person's choke every Tuesday, Thursday, Saturday and Sunday. lomiw Changi Airport at 22:05 hours and arriving at Lester i Pearson International Airport the following day. CtUrour Tnrei Agent or Air Cuudt af 7)2tsSs. A BREATH OF FRESH AIR
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    • 512 3 Coming your way THE OFFICE OF THE FUTURE OFFICE AUTOMATION '89^ rA a 15 17 November 1989, Raffles Ballroom, w Raffles City Convention Centre, Singapore < Discover a whole Kw new world you H can work in and work with. The Office of the Future is JT here at OA
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  • Page 3 Miscellaneous
    • 62 3 Global t«mp«ratur*s on Aug 7 "O .'jLOUTLOOK: tlto««rs Report for 24 hour* prior to 7.30pm on Aug 8 o» Rainy day* Ma i Maxtco City Notsov Now DoM Now York Rio 'Jonoiro Romo San Frta'oo Son Juan Santiago Sootii f tn ijtinlm OTOCEnOim Sydnoy Tolpo) Tokyo Toronto Vancowvor Vlonno Warsaw
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    • 23 3 Doonesbury urn. I MHI v S i L *u 1 BY GARRY TRUDEAU f*= NTOTH& VENTILATION SHAFT'. 1 W SN A '{((sizr, -j.
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  • MONEY AND EXCHANGES
    • 185 4 Gold futures on J August 7, 1989 100 My omeH; USS par toy OI m 0*M Uv Mte A«Q 347.80 3*7JO 345.00 365.90 -1.90 W 347 JO 3*7JO 347 JO 3*7JO -240 Oo ***** 371 JO *Hf Of* 3*940 ■ZOO Ok 375.30 ***** 37X00 ***** -240 FA
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    • 135 4 Telerate HIQH sulphur fuel oil prices were notionelly weaker in the Singapore market. Buy indications for Aug/Sep CST-180 remained at $65-6 mt fob Sing, with sellers $2-3 mt away. Activity was moribund with the National Day holiday in Singapore today. A deal for 10,000 mt of
      Telerate  -  135 words
    • 1220 4 SINGAPORE: THE US DOLLAR yesterday closed lower on profit-tak-ing and »top-loas selling. Rrmnsss in the sterling pushed the dollar to a low of 1.9010 D-mark and 138.96 yen. The US unit recovered later on buying by inetitutional investors and securities houses. Range for yeeterday: 1.9010/1.9140 D-mark. 1.9010/1.6175 sterling,
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    • 389 4 HONGKONG: Qold closed slightly firmer yesterday In trading limited by a lack of freeh incentives. dealers said. They said light demand by Jspsnsse invaators following an easier US dollar boosted the metal slightly but prices moved narrowly and trading volume was thin. Deslers said there waa good support
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    • 263 4 ASIAN DOLLAR deposit rate® ended slightly firmer yesterday than Monday s dose, after thin trading. The ratee gained on the back of a steady US Federal funda rate and the Federal Reeerve a move to drain reaervea from the banking aystem through overnight matched saie-re-purchase agreements, dealers
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    • 530 4 BA Futures SEPTEMBER EURODOLLAR FUTURES opened 4 ticks higher than Monday's Simex close at 91.47 in quiet early trading yesterday. The market traded to a high on short-covering and position adjustment ahead the National Day holiday today and the release of the Fed's Tan book. The September contract traded
      BA Futures  -  530 words
    • 55 4 THE overnight rate on the Singapore money market cloeed 3/18 point lower at 5 per cent yeaterday. Term ratee were all unchanged. S$ Into rbonk rulu at ftw < dost yttttfdo orm to vAtr1ZL 9 4 7/9 9 V** > 1/1* 3 1/1* 1/1* 3 iimOi 9 9/1*
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    • 1239 4 CURRENCY FUTURES OPTIONS Tueedoy, August 8, 1989 osun ICMEMARK(tt tsp MMMS IM •M M paM IMS 52 53 54 JARAI UEtE YEN (MM m 43 90 1S9 •m M0I Law Saa •N M paM la* 7S 399 MtfTl IMM A m FOUND t2t tendoy, August 7, 1989 c* PH
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    • 291 4 Reuter IMM CURRENCY FUTURES retreated to a mostly lower close on Monday after an earlier advance (altered. Traders said sizable long liquidation swept nearby contracts lower, hitting sell-stops that exacerbated the decline as late trading gained momentum. Some nearby contracts, however, cut losses after support araas held. September West
      Reuter  -  291 words
    • 122 4 Treasury bills P«rfod Issue Yesterday's < OOilnfl Day's ood« Maturity BO ora H»H LOW 3 iwwh 6Q*****T 9.11.69 4.05 4.00 405 3.95 6 worttu RS*****V 18.01.90 4.05 4J00 4QQ 4.00 1 ymmr IY*****F 24.05.90 4.13 4J0* Government n< >tes end b ondi 1 Parted Issue Maturity Coupon
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    • 179 4 ■SpS? ImbU'iSW^ 12 M«or fcMto Im fptv* Interbank marfctl ra 1 1 i i wt 8 us$ DM SWFC Y«i 7 4my, IS •7/* IS/1* 13/1* a iv« n/i* a t/u 7/1* t/u 7/1* 1) 7/t IS S/4 is 7/a is s/4 IS 7/» IS S/4 IS
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  • COMMODITIES
    • 186 5 Reuter CBT SOYBEAN futures eased from morning highs but still closed mostly higher on Monday. August settled with a gain of 10-3/4 cents per bushel at US$6.Ol-1/2 on a growing belief that slowed farmer selling will lead to tight supplies. New-crop months ended as much as four cents higher.
      Reuter  -  186 words
    • 183 5 Reuter CBT SOFT RED winter wheat futures closed five to 2-3/4 cents per bushel higher on Monday, underpinned by steady wire house buying and persistent strength in the nearby corn pit, traders said. Rosenthal-Collins was featured buying December wheat early after selling late Friday. This supported the nearbys by
      Reuter  -  183 words
    • 276 5 London Commodity Exchange Buyer/Seller dosing prices on Aug 7 (£/tonne unless specified). Previous dosing prices in parenthesis. Sop/Ocf 300. Nov/Doc 305pd Aflt 320 Aug/Sop 310 Oct/Doc 312.5 Jan/Mar 322.5slr M'rian RBD FOB Aug/Oct 272.5 Oct/Doc 270*lr Sotriamont 1605 (1601) Ton* Solo* (7232) Tin (US$/tonno) Cadi 9230/9250 (9400/9420) 3-momh.
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    • 321 5 SINGAPORE: Rubber prices closed little changed yesterday, with September 1 RSS buyer quoted at 170.75 cents a kg, up 0.25 cent from Monday s close. On the TSR-20 Award market, prices recovered their early falls on light covering interest in thin trade. September buyer was quoted unchanged at 142.50
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    • 200 5 Chines* Produce Closing pricos on August 8 Exchange Coconut oil (M$/100kg) Saltan 1 noon dosing prlctt on Now drums 136.00 August 8 (S$/100 kg) 2nd hand drums 130.00 CoCOTHfT Oil Butte 121.00 Butte FOB 94.00 Local In bulk 118.00 OkJ drum FOB Now drum FOB 104.00 106.00 Copra
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    • 273 5 RAS prices mtc ante/kg, FO« In M NOON CLOSE Buy on 3ohon Bwyon Sellers In* 1 RSS Prompt 170.00 I71.00N 171.25 172.25 tat 1 RSS Sop 169 JO ***** 170.75 171.25 Int 1 RSS Oct 171.00 171J0 ***** 173.00 tat 2 RSS Of 168-50 170JON 169.00 171.00N
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    • 81 5 (canft/kg) SEFTEMKft 1989 OOOW 1989 (currant month) (forwoi rd month) RAS NOON hry«n SdM NOON SSI 30 147 JO 149 JON 14$J0 130JON SU SO US JO 147 JON 146J0 144J0N MRELB luyar, Sdwi iilin SMI cv 223-50 22SJON 225-50 227JON SMI L 226.00 228.00N 228.00 230.00N
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    • 139 5 THE KUALA LUMPUR Tin Merkel price wrttnid SO •on al the doM to M 534.50 a kg. In Him wMh the decline on «m London Motal Exchange, brokers Mid. The easing a 100 followod oflsrs of 90 to—eo al Sia opening, igalnd bids of 42. Turnover fall lo
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    • 540 5 MALAYSIAN CRUDE PALM OIL FUTURES rebounded yesterday In activo trading on the Kuala Lumpur Commodity Exchange. The market opened higher in line with the steadier overnight CBT but trading was thin right till late afternoon, when trading picked up in the last half hour in heavy volume following
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  • Page 5 Advertisements
    • 213 5 Selecting the exquisite. 4 J .1 t vj < A finishing touch before opening what may become the most grand hotel in Hong Kong. To create a new concept of luxury and elegance, we knew every special touch would demand extra special attention That's why the new Grand Hyatt on
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  • LIFESTYLE
    • 652 6  - Rambo the movie goes to Soviet Union CINEMA By JENNIFER PENDLETON NYT UNION of Soviet Socialist Republics, meet John Rambo. The American cinema antihero known for his violent and occasionally anti-Soviet ways will soon start appearing in Russian movie theatres. Starting in October, the movie First Blood the first In
      NYT  -  652 words
    • 1511 7  -  r HISTORICAL RUINS Angkor Wat the town built of Buddhist temples may not last through this century. It has become a victim of the war in Cambodia, which has not only speeded up the erosion of the site but has also prevented most attempts
      Asahi  -  1,511 words
  • Page 6 Advertisements
    • 250 6 Where to entertain... Where to entertain... Where to entertain... Where to 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 WfesriN Plaza Raffles Cky 2 Stamford Road, Singapore 0617. Westin hotels Resorts f V
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    • 148 6 I AT JADE LOUNGE nightly for your favourite songs. A miMG COURT HOTEL SINGAPORE No. 1 Tang lin Road Singapore 1024 Enjoy Steamboat under the atari at only $9.00 per person (minimum two persons). A variety of BBQ items are also available, including a salad and fresh fruits' bar. Served
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    • 217 6 Monday to Saturday "Asia Bear sounds the tom-toms for a repeat performance at Brannigan's where they expect to electrify the atmosphere with their mesmerising sounds once again. Every day of the week except Sundays. (Weekday 9.30 pm till 12.30 am) (Fridays, Saturdays, 9.30 pm till 1.30 am) HWT REGBgCY©SWGAPORE 10-12
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    • 209 6 International Cafe Plaza 1 15 August Embark on a culinary journey of salads, savoury specialities and desserts from Europe. America and Asia- Cafe Plaza Lunch Dinner Buffet Adults: $14.50 Children: $9.00 m Plaza Hotel i lk»d Singapore 0719 let *****11. Paramount Hotel Mi Ithil i rhscc'.»c\ jue i We're blasting
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    • 242 6 6 PROVINCES ALL IN ONE SITTING m Hn issu m r) OjOJ tljAl Get a taste of Sichuan, Beijing, WUk Guangdong, Yunnan, fiangsu I fit/A and Shanghai all in a lunch ''•'jJ buffet that's as long as the Great Tuck into fiangsu Spicy 35th floor tnd Sour Shark's Fin Soup,
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  • Page 7 Advertisements
    • 161 7 entertain.... A Unkai is a traditional Japanese restaurant offering such superb delicacies as sushi, sasbinu and teppanyaki For private parties there are four tatami rooms available. Lunch: I2pm to 3pm. Dinner 630pm to 11pm. Century m 'ft lit "t Vthw—T 1025 752 >22? OH»»H)W«N«MOIBS PRICES SUBJECT TO 10% SERVICE CHARGE
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  • Page 7 Miscellaneous
    • 655 7 CRYPTIC PUZZLE ACROSS 1 How a defensive player doesn't want to be taken (5) 6 Fissures treated first (5) 9 Secrcl, not exactly hideous place (7) 10 See nice and slim and well washed (5) 11 As eaten in San Francisco; New York, etc (5) 12 Look like a bride?
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    • 1278 7 TV and RADIO W. i.f I mi W ft M >v n s> r Ford in OUR CHOICE WITNESS, 10.30pm. SBC 5 The first in tonight's doublebill and a very good watch. Harrison Ford is a big city detective who gets emotionally involved with an Amish woman whose son witnessed
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  • PERSPECTIVE
    • 494 8 I If I should die, think only this of mo: That there's somo corner of a foreign field That is forever England. SO PENNED Rupert Brook* in The Soldier in an era the early days of World War One known for heady patriotism, fervent idealiam,
      494 words
    • 2799 8  -  International management consulting firms are rapidly expanding their operations in Singapore. The buoyant economy is generating fresh contracts and the Republic provides a central hub for serving clients throughout Asia The biggest hindrance, writes MICHELLE OH, may be the lack of experienced consultants. MICHELLE
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    • 1556 9  -  The management problems facing a US steel plant twice declared bankrupt hold a valuable lesson for leaders of China's economy. In this exclusive report for BT, STEVE USDIN discusses what is happening at the Delaware plant. STEVE USDIN THE CHINESE are discovering that economic reforms can
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    • 479 9  -  By PAUL GOPAL THE MULRONEY government, which was among the first to come up with a considered response to Beijing's crackdown on the democracy movement in China, is now under fire in Canada for approving loans for business deals in China.
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    • 702 9  -  -By PAUL OOPAL THE RECENT disturbances in China and their impact on Hongkong have led to increasing numbers of Hongkong Chinese seeking to migrate to Canada. In an editorial, Canada's national The Globe and Mail newspaper focused on Canada's relations with the Chinese. It
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  • Page 8 Advertisements
    • 89 8 Managers must manage. BT shows you how every Monday. f o T*~. ?int;:CKjy vVat*.o,n f P Industrie.', T i'hrjo Supplier* linden Industrie* Unicurd Food $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS A salute to enterprising small businesses e The chemistry industry reports glowing results e Personnel managers help chart corporate
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  • Page 8 Miscellaneous

  • Page 9 Advertisements
    • 92 9 film? It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European merger. FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
      92 words
    • 102 9 EXCELLENT BUSINESS FOR SALE TO PLCs Established Company in sports recreational clubbing (management) business for acquisition preferably by PLC Company in excellent health, zero borrowing, strong long-term earning prospects, proven consistent profit record, net profit per year MR $900,000 MR $1,200,000. All licences valid including slot machines, liquor, etc. Current
      102 words

  • SPORTS
    • 410 10 TENNIS AP NINTH-SEEDED Derrick Rostagno was upset 6-3, 7-6 (7-3) by hard-serving South Africa's Gary Muller in first round action of the U*****,500 US Hardcourts Tennis Tournament in Indianapolis on Monday. The tournament's big names, top-seeded Stefan Edberg, No 2 John McEnroe, No 3 Tim Mayotte and
      AP  -  410 words
    • 301 10 AP OLYMPIC CHAMPION Miloslav Mecir refused to play in the Czechoslovak Grand Prix tennis tournament, which started on Monday, due to back problems and may be thinking of retiring from tennis, Czechoslovak newspapers reported. "Milos told me he eventually decided not to play in Prague," Jan
      AP  -  301 words
    • 466 10 CRICKET AP SIX INDIAN TEST players have said a decision barring them from domestic and international cricket was "very harsh and strong" and that they planned to appeal for a review. The Board of Control for Cricket in India, the top body regulating
      AP  -  466 words
    • 320 10 AFP ENGLAND CAPTAIN David Gower feels sorry for Mike Atherton and Test stars of the future. Gower, one of the men responsible for pitching 21-year-old Atherton into this week's fifth Test against Australia, names England committee chairman Ted Dexter in defence of his claim.
      AFP  -  320 words
    • 159 10 AFP BRITISH Sports Minister Colin Moynihan has rejected calls to withdraw passports from sportsmen wishing to compete in South Africa. The UK government is being pressed to ban cricketers and rugby players from travelling to South Africa to compete but Moynihan said yesterday that they would
      AFP  -  159 words
    • 552 10 ATHLETICS NYT EACH TIME Javier Sotomayor returns to his hometown of Limonar in Cuba with another world high-jump record, workers get the day off and children are let out of school to celebrate with a street party. Since July 29, when he became the
      NYT  -  552 words
    • 224 10 AP KENYAN middle distance runners Paul Ereng and Yobes Ondieki were expected to be the stars at the Hungarian Grand Prix Track and Field Tournament in Budapest yesterday. Ereng, 800-metre gold medal winner at the Seoul Olympics, has already shaved 13 hundredths of a second
      AP  -  224 words
    • 318 10 YACHTING AP ST FRANCIS IX, with American John Kostecki as helmsman, captured the World 6-metre (19.7-foot) Sailing Championship despite placing only sixth in Monday's final race. Kostecki and his crew had an outstanding series, finishing with a 3-6-2-2-1-6 record in the weeklong regatta
      AP  -  318 words
    • 418 10 GOLF AP TEARS STREAMED DOWN Leonard Thompson s face after he won his first tournament in 12 years at last month's Buick Open. Thompson played more than 300 tournaments without winning after his victory at the Pensacola Open in 1977. That was what Tom Watson
      AP  -  418 words

  • COMPANIES & STOCK MARKETS
    • 464 11  -  By ANDREA BORCH POLYTEK WEARNES Holdings Lid Is making a private snare placement to raise nearly $3.3 million to finance its new Australian division and increase the group's working capital. Chase Investment Bank (Singapore) Ltd has been given the mandate to place
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    • 551 11 Bernama SOUTH Johore Amalgamated Holdings Bhd (SJAH) has announced a proposal for the restructuring and re-quotation of the company's shares on the Kuala Lumpur Stock Exchange (KLSE). Commerce International Merchant Bankers Bhd (CIMB), on behalf of the company, said in an Aug 7
      Bernama  -  551 words
    • 198 11 MR LIM HOCK SAN, directorgeneral? of the Civil Aviation Authority of Singapore, has resigned from the board of Singapore Airlines. A one-sentence statement from SIA dated Aug 7 said Mr Lim resigned on Aug 2. No reason was given. He first stepped on
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    • 157 11 MALAYAWATA STEEL BM'i final audited group after-tax profit for the year ended March 31, 1989, came to MsB.BBm (loss: M55.29m) on a turnover of M5192.98m (M5157.74m). Earnings per share worked out to 13.19 sen (loss: 7.88 sen) while net tangible asset backing per share increased to 21.99 sen
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    • 573 11  -  By WILLIAM CHIA THE CONTROVERSIAL reconstruction schema proposed by Genting Bhd will reduce the group's profitability but incrsaae its not tangible aeests. This was disclosed in a circular to aharehoklers from Genting Bhd and its adviser Commerce International Merchant Bankers regarding the
      Source: Company circular  -  573 words
    • 272 11 Exercise price of F N warrants is $11.50 a share FRASER NEAVE Ltd has fixed the exercise price of its warrants at $11.50 per share. This represents a 15 per cent premium on the weighted average daily prices of its shares transacted on the Stock Exchange of Singapore on each
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    • 284 11 TONQKAH PLANTATIONS (M) Sdn Bhd, a whollyowned subsidiary of Tongkah Holdings Bhd, had agreed to sell two plantation estates in Sabah to Harrisons Malaysian Plantations Bhd for Ms7o million. This proposed sale is subject to the approvals of shareholders and the Foreign Investment Committee. IN response to an
      284 words
    • 471 11 CMTTOnt Ex Dole Total tor Total tor payment dote dOM payable Vte year toal yeai Alex Hldgs 6%(b) Aug 29 Sep 8 Sep 26 6% 4% Avfcno I0%TEII) Oct 16 Oct 26 Nov 15 I0%TE 25%TE B Sombowong 35%l»l Jul 21 Aug 2 Aug 14 35% Im) 20%
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    • 273 11 Reuter MALAYSIA plans to privatise 248 projects worth M 516.34 billion over the next decade, director-gen-eral of the Economic Planning Unit Mohammed Sherrif bin Mohammed Kaaaim said yesterday. He told an economic seminar in Kuala Lumpur that the programme was part of
      Reuter  -  273 words
    • 217 11 Bernama THE HIGH COURT in Kuala Lumpur yesterday allowed a Queen's Counsel to act for former Bumiputra Malaysia Finance (BMF) chairman Lorrain Esme Osman in his application to declare null and void an order granted in 1985 for the recording of
      Bernama  -  217 words
    • 275 11 Bernama THE VENDORS of Long Huat Timber Industries Sdn Bhd (LHTI) will not proceed with the proposed scheme of reconstruction of the Tropical Veneer Co Bhd (TVC) which is under liquidation. The LHTI vendors had advised the liquidators, Messrs Hanifah Noordin and Michael
      Bernama  -  275 words
    • SES
      • 1095 12  -  by JOSEPHINE CHAN SHARE PRICES on the local stock market ended broadly higher yesterday In anticipation of better-than-expected half-year GDP results. Msrket speculators bought ahead on news of unexpectedly good economic growth, even before the Prime Minister's National Day
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      • 321 12 Manogen' priest for Aug 9 10 Royal Trust Sac Asia rr S pore Gr Fund 0.86 0.89 IT Asio-Poc Gr hind 1.12 1-17 UOB Management UntHind 1 26 Unibond-f 1045 126 1070 Dorwo Jopon Fund (Aug 7 1 Thai Prune Fund (Aug 4 1 *9 574 US$12 82
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      • 56 12 HARRISONS MALAYSIAN PLANTATIONS BERHAD: 13th AGM at the Kelantan Room, Basement 2. Shan-gri-La Hotel, 11 Jalan Sultan Ismail, ***** Kuala Lumpur, today at 11.30 am. THE HOUR GLASS LIMITED: 10th AGM at the Mercury Room, 4th Floor, The Westin Stamford West in Plaza. 2 Stamford Road, Singapore 0617,
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    • 6133 12 1989 High Low Tot Code Company Last Sale AUG 08 orVol (000) Day High Low Last Quote Buyar Sailor Gr'a Dlv Dlv C'vr Gr'a Y'ld Not P/E M Cap Smll SESOAQ 168 93 215 70% 94 111 101 82% 190 91% 104 170 100 88% 120 t
      6,133 words
    • KLSE
      • 3554 13 BARGAIN-HUNTING and speculative buying sent shares prices on the Kuala Lumpur stock market to higher ground yesterday in active trading. Reflecting the market sentiment the 30-counter New Straits Times Industrial Ordinary Share Index put on 4.61 points to doee the day at 2.361.27. The index
        3,554 words
    • REGIONAL MARKETS
      • 691 14  -  By N RADHAKRISHNAN AFP INDIA'S private sector is ushering in a boom time, the result of a bountiful harvest and also a signal that Prime Minister Rajiv Gandhi's policy of gradual economic liberalisation has begun to pay dividends. Week after week, companies have been
        AFP  -  691 words
      • 306 14 Asahi HITACHI LTD plans to import computer chips to Japan after etching their circuits in the US and protecting them with covers in Malaysia, sources said on Monday. Hitachi would be the first Japanese company to produce 256-kilo-brt static random access memory
        Asahi  -  306 words
      • 482 14 Tokyo SOME high-priced blue chips charged ahead on talk they may issue bonus stock, and futures-related index-linked buying by foreign brokers boosted shsre prices at yesterday's close to end broadly higher in thin trade. Buying of small-capital shsres led to a record second section cloee. But prices
        482 words
      • 1209 14 Hongkong SHARE PRICES yesterday closed higher on the beck of a 41.54-point gein in the Dow Jones Industrial Average and a firmer lone in other markets. The Hang Seng index roee 44.17 to 2.807.©4, lopping a psychological barrier of 2.600 "The market ia still cautious," said
        1,209 words
      • 162 14 Reuter JAPAN'S Ministry of International Trade and Industry (Miti) will spend 5.6 billion yen to explore chemical alternatives to chloroflourocarbons (CFCs), according to a ministry official yesterday. The five-year plan, due to start from next fiscal year, is designed to find new substances which
        Reuter  -  162 words
      • 103 14 Reuter JAPAN'S Honda Motor Co has decided to sell its cars in Israel next year, ignoring a boycott by Arab nations, according to Honda's US subsidiary on Monday. Will Maslow, general counsel for the American Jewish Congress, called the Honda decision
        Reuter  -  103 words
      • 194 14 NYT HEWLETT-PACKARD Corp has agreed to license its computer design to Samsung Electronics Co. Under the agreement, which was to be announced yesterday, Samsung and Hewlett will codevelop chip sets based on the Hewlett-Packard design, which uses a technology known as reduced instruction set
        NYT  -  194 words
      • 302 14 Asahi JAPANESE COMPANIES that have been cultivating China's potentially lucrative hotel business are feeling a serious pinch these days in the wake of China's violent crackdown on the pro-democracy movement. Tourism industry officials in Japan said the bloody crackdown had scared
        Asahi  -  302 words
      • 493 14 Australia STRONG DEMAND for blue chips following Wall Street's gains overnight led the Australian shsre market to a sharply higher close yesterday. The All Ordinariea index closed 20.2 points higher st 1096.3, slightly off the day's peak of 1703.2. Dealers said strong domestic institutional demand combined with
        493 words
      • 193 14 THE New Zealand share market surged again yesterday, as investors fought sggressively for scarce stocks with sellers unwilling to sell into the bull run. The Barclays index rose 75.56 to 2,258.85. Brokers said domestic demand was now matching strong offshore interest central to the market's 15
        193 words
      • 123 14 Reuter SHARE PRICES on the 'Stock Exchange of Thailand yesterday closed weaker. The SET index finished the day at 624.27, down 1.12 points. Turnover of 10,558,436 shares yesterday was valued at 1,178.33 million baht The Bookclub Index closed at 540.07, down 0.83. Reuter AUG BAMT +J.
        Reuter  -  123 words
      • 179 14 SHARE PRICES fell broadly in nervous selling on reports that trading on the Calcutta stock exchange had been suspended yeeterday following rumours of a payment default there. Brokers said a large buyer on the Calcutta exchange, India's second largest after Bombay, was rumoured to have defaulted on
        179 words
      • 45 14 PHILIPPINE share prices ended mixed yesterday despite selective foreign buying of blue chipe, but brokers said they expected an overall market rally today. The Manila Stock Exchange composite index gsined 2.3 per cent to close st 1,201.86 points from Monday s 1,174.96.
        45 words
      • 174 14 SEOUL STOCKS closed higher yesterday after late buying was triggered by rumours the government would pour money into the marliet today, the day before state-run Korea Electric Power Corp (Kepco) is listed. The composite index rose 5.44 points to 906.10. Turnover was a moderate 228.8 billion
        174 words
      • 535 14 FRANTIC trading pushed Taiwan's superheated stock market over the 10,000-point mark yesterday and dealers predicted more gains ahead for the world's fastest growing bourse. Excited small investors jammed into brokerage houses to watch the index close 54.04 points higher at 10,022.10, Its highest doee since 10,001.50 on
        535 words
    • WORLD MARKETS
      • 751 15 New York AFP A US$4-BILLION-PLUS bid for UAL. the parent company of United Airlines, helped encourage Wall Street on Monday. sending the Dow Jones industrial average to a new post-crash high. The Dow soared 41.54 points to close at 2,084.90 points, its higheet level since
        AFP  -  751 words
      • 880 15 London SHARE PRICES remained firm in fairly quiet afternoon business on Monday with traders wary of the market's near term direction after its recent strong gains. One trader said: "I can't see much that I feel is really good value. When it gets to the point where
        880 words
      • 1652 15 Reuter PARIS: French share prices yesterday were firm at midsession helped by Wall Street's new poat-craah high and interest in special interest stocks. The 50-share price indicator was 0.54 per cent higher after opening with a rise of 0.47 per cent. Paribas wss the most active stock
        Reuter  -  1,652 words
      • 721 15 NYT THE STOCK of UAL Corp soared 28 per cent, or U5546.50, on Monday after the company said it had received a takeover proposal from Marvin Davis, the Beverly Hills investor. The offer is thought to be more than US$2OO a share, and
        NYT  -  721 words
      • 385 15 FT REEBOK, the US sportswear company which was a Wall Street star in the fitness fad of the early *****, is venturing into the world of water sports by buying the Boston Whaler, one of the biggest powerboat manufacturers in the US. for US$42 million.
        FT  -  385 words
      • 386 15 NYT JERRICO INC, which operates Long John Silver's Seafood Shoppes. has agreed to merge with an inveatmant group controlled by DJS-lnverneaa and Co and Caatte Harlan Inc in a deal valued at about US$62O million, or U5524.25 a share. "Thia ia something that came
        NYT  -  386 words
    • 608 16  -  'LITTLE BENEFICIAL IMPACT ON S'PORE AS FUND CENTRE' By SOH TIANG KENG FUND MANAGERS yesterday hailed the government's new scheme for taxing unit trusts as an improvement over that announced during the 1988 Budget. But many felt the revised scheme still falls
      608 words
    • 196 16 THAI Airways International has become the second airline, after Malaysia Airlines, to withdraw from Travelnet, since Singapore Telecoms introduced a new tariff structure in March governing the use of its airline ticket reservation system. "We pulled out because of the exorbitant cost," Ms
      196 words
    • 198 16 Bernama MALAYSIA'S consumer price index (CPI) for the first half of 1989 rose by 3.3 per cent when compared with the same period of 1988, the Statistics Department said yesterday. However, the department noted that the June CPI was unchanged at 133.3
      Bernama  -  198 words
    • 445 16  -  By TAN KEE WEE ON THE BASIS of its robust, broad-based growth so far in 1989, the Singapore economy is expected to register a real gross domestic product (GDP) growth of between 7.5 and 8 per cent this year, says
      445 words
    • 536 16 AFP REACTION in New Zealand to Geoffrey Palmer's election as Prime Minister yesterday was muted, with few believing he has the personality necessary to win the general election next year. Mr Palmer replaced the popular and ebullient David Lange, who
      AFP  -  536 words
    • 224 16 Bernama THE Association of South-east Asian Nations (Asean), which celebrated its 22nd anniversary yesterday, has made efforts to improve the Asean Preferential Trading Arrangement (PTA) by introducing more items into the programme and reducing those on the exclusion list over the past year, said
      Bernama  -  224 words
    • 428 16  -  By LILIAN ANG RIDING on the back of a property boom in Taiwan, four Singapore contractors clinched some $46 million worth of contracts there in the first seven months of this year. This is five times more than the $9 million
      428 words
    • 102 16 Reuter INDIA is willing to pull out all its troops from Sri Lanka by next February and stop fighting Tamil guerillas if Colombo accepts its terms, Sri Lanka's Foreign Minister said yesterday. Mr Ranjan Wijeratne told parliament that in return for the withdrawal India
      Reuter  -  102 words
    • 496 16 AFP Reuter MALAYSIA opposes any US military presence in Singapore because it would work against the current reduction in Eaat-West tensions and a plan to make South-east Asia neutral, a senior official said in Kuala Lumpur yesterday. Datuk Kamil Jaafar, Secre-tary-General of
      AFP; Reuter  -  496 words
    • 429 16 AP, AFP THE LARGEST Austra I ian-Ameri-can military exarciaa to be launched since World War II does not envision Indonesia aa an enemy, Auatralian Defense Minister Kim Beazley said "I certainly do not think they think they have anything to fear.
      AP,; AFP  -  429 words
    • 97 16 Reuter COM EX GOLD futures moved up on scattered interest against a weak dollar early yesterday, with the market looking for clues of an improved physical offtake this week when Taiwan removes a tariff on gold imports. Spot gold rose US$l.OO to U*****.90 an ounce and
      Reuter  -  97 words
    • 317 16 AFP THAILAND'S first elected government since 1976 appeared to bow to army pressure with the resignation of Prime Minister Chatichai Choonhavan's key adviser, but indicated that the move would not jeopardise major policy lines. Government spokesman Suvit Yodmani told reporters yesterday that
      AFP  -  317 words
    • LATE FILE
      • 60 16 AFP INDONESIAN President Suharto yesterday gave the green light, for the construction of the country's first nuclear power plant to be buitt on the densely populated Island of Java. "President Suharto told me to start preparation for the construction of the nuclear power plant" Director
        AFP  -  60 words
      • 58 16 Reuter CARS produced by Asian manufacturers continued to win the highest customer satisfaction from US car owners, according to an annual survey. Asian cars, however, held a narrower point lead over American rivals than In the past JD Power and Associates, an automotiveresearch firm,
        Reuter  -  58 words
      • 74 16 Reuter JAPANESE computer giant Hitachi has abandonad plant for an advertising blitz promoting itself as a future leader in microchips, partly dua to fears of fanning trade friotion with the United States a company spokesman said. "We deckled it was too aensational," the spokeeman
        Reuter  -  74 words
      • 63 16 AFP VIETNAMESE Foreign Mfctieter Nguyen Co Thach and Chinees Deputy Foreign Minister Liu Shuqing conferred in Paris on Monday on international moves to bring peece to Cambodia, Vietnameee officials said. Mr Thach. who is also deputy premier and number five in the party hierarchy, is
        AFP  -  63 words
      • 53 16 AFP MALAYSIA la contributing to global efforts to save the world's environment by producing a rubber tube that could replace harmful chlorofluorocarbona, a senior official said. Primary Industries Minister Um Kong Yak said that the tube made of natural rubber wes developed by the Malaysian Rubber
        AFP  -  53 words
      • 52 16 OANA-TNA THAILAND should seek Its own measures to prevent palm oil smuggling from MeIsysis Instead of asking Kuala Lumpur to help auppress the sctivtty, Thai Commerce Minister Subin Pinkhayan said. He said about 100.000 tonnes of crude palm oil were sneaked across the border into Thailand each
        OANA-TNA  -  52 words
      • 35 16 Reuter THE space shuttle Columbia blasted off yseterday on a secret military miaaion that aerospace induatry sources said would deploy a sophisticated satellite to spy on the Soviet Union. Reuter
        Reuter  -  35 words
  • Page 11 Advertisements
    • 246 11 v\ Classic and revolutionary timepiece HUBLOT I \c lusi\ el\ at I ho I lour jLins Bank Berhad RESULTS FOR IHE HALF YEAR ENDED 30 JUNE 1909 (UNAUDITED) The Directors are pleased to announce Ihe unaudited results (which have not been examined by Bank Negara Malaysia) of the Bank and
      246 words




  • Page 15 Advertisements
    • 324 15 THE COMPANIES ACT. CHAPTER SO Section 290(2Mb) NOTICE OF RESOLUTION STOVE SHIPPING (FAR EAST) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Stove Shipping (Far East) Pte Ltd held on the 26th day of July 1989. the following special resolutions were duly pasted: RESOLVED: 1) That
      324 words
    • 363 15 THE COMPANIES ACT. CHAPTER 50 Section 290(2Mb) NOTICE OF RESOLUTION JESSIE STOVE SHIPPING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Jessie Stove Shipping Pte Ltd held on the 26th day of July 1989, the following special resolutions were duly passed: RESOLVED: 1) That the company
      363 words

  • Page 16 Advertisements
    • 4 16 More stories, PAGE 3
      4 words
    • 66 16 TRADER PERFORMANCE AFFECTED BY MICROGNOSIS! And if sales are any indication, our systems are affecting their performance for the better. Leading financial institutions the world over have installed Micrognosis digital and video systems to improve trader efficiency and productivity. If you're thinking of installing a new floor, why not find
      66 words

  • SHIPPING TIMES
    • PORTSIDES
      • 39 17 THE SINGAPORE NAUTICAL INSTITUTE is celebrating its 11th anniversary this year. To mark the occasion, the institute will hold a dinner and dance on Sep 8 at the Padang and Collyer Rooms at Westin Stamford/Westin Plaza.
        39 words
      • 103 17 Reuter WORLDWIDE TANKER CHARTERING for spot crude oil fell last month to 50.72 million tonnes at an average new worldscale rate of 79.10 (426 fixtures), London shipbroker Howard Houlder said. This compared with 54.72 million tonnes at NW 82.92 (476) in June and 52.23 million tonnes
        Reuter  -  103 words
      • 63 17 Reuter DOCKERS at Liverpool, the last British port still on strike after a three-week nationwide stoppage, voted on Monday to go back to work after employers threatened to sack them unless they accepted new contracts. The dockers voted three-to-one to call off their unofficial action,
        Reuter  -  63 words
      • 49 17 Reuter THE MALTESE TANKER Puppy P left Fujairah on Aug 4 under tow for Singapore, where permanent repairs will be carried out, Lloyd's Shipping Intelligence Service reported. The 30,228-dwt vessel collided with the 41,538-dwt World Quince in the Arabian Sea last month. Reuter
        Reuter  -  49 words
      • 81 17 Reuter THE FINNISH SHIP Outokumpu collided with the moored Cypriot bulk carrier Verma at Kiel while entering Holtenau locks on Aug 5, Lloyd's Shipping Intelligence Service reported. The Verma touched an East German container vessel and the Outokumpu collided with a West German tug, Lloyds said.
        Reuter  -  81 words
      • 37 17 Reuter THE 14,914-DWT Panamanian vessel Bipasha is rolling in monsoon gale winds without engine power about 32 km north-east of Socotra Island in the Arabian Sea, Lloyd's Shipping Intelligence Service said. Reuter
        Reuter  -  37 words
    • 159 17 AFP THE PHILIPPINE shipping industry has stagnated and is unable to compete in overseas markets because ot outdated and inadequate vessels, industry officials said in Manila. "The Philippine shipping industry has become stagnant and could no longer compete with other foreign shipping companies,"
      AFP  -  159 words
    • 1086 17 ABC Contoinartina n 5 Accord Sfcpg VM 3/4 AW XM 3 AftrwitM Un#f XM 5 AC Toaofar XM 5 Aaaricon Niugm XII 4 Arrow Unas XI 5 Assoc Carrlaga XM 5 ANl M 1/2 ATC lino VII 4 An V 3-5 asci V 1 A Hoi lim
      1,086 words
    • 315 17 PORT RASHID, the busiest port in the Gulf, received five new services in recent months. At the end of May, the Normudu Lines vessel Bella-L made its first call at the port and is expected to operate a feeder service between Dubai and
      315 words
    • 379 17  -  I NEWBUILDINGS TO REPLACE SMALLER VESSELS IN JAPAN/INDONESIA SERVICE By JEAN FOONG JAPANESE SHIPPING MAJOR Nippon Yusen Kaisha (NYK) Line has boosted its existing fleet with two new containerships for the IntraAsian trade. An NYK spokesman said these vessels, ordered earlier
      379 words
    • 387 17  -  By AL O LABITA JR MANILA'S container yard industry, complaining of unfair foreign competition, is seeking government incentives to make it financially viable and to draw more investments from the private sector. In a recent letter to Trade and Industry Secretary Jose Concepcion, the
      387 words
    • 185 17 NYT STENA HOLDING AG says it might sell a portion or all of its 8.2 per cent stake in Sea Containers Ltd. The Dutch ferry concern is a partner with Tiphook pic in Temple Holdings Ltd, which has offered US$5O a share, or
      NYT  -  185 words
    • 118 17 Reuter ABOUT 1,000 WORKERS at Bangkok's Klong Toey Port have started a strike to force the Thai government to abandon a plan for private companies to operate Laem Chabang Port. Port officials yesterday said the strikers, part of the port's 6,300 unionised workers, blocked
      Reuter  -  118 words
    • 1242 18 Japanese companies fight for place in the sun THE APRIL DEBUTS of Oceanic Grace and Fuji Maru drove a thin Japanese wedge into a buoyant shipping sector high-class cruising which has historically been dominated by US and European companies. The small pioneering newbuildings are
      1,242 words
    • 180 18 Reuter SANTA FE PACIFIC CORP said its Atchison, Topeka and Santa Fe Railway Co unit has reached agreement with the United Transportation Union to reduce the size of freight train crews on its US coast lines, a move that may see up to
      Reuter  -  180 words
    • 1007 18 AFP THE EXPECTED IMPROVEMENT in rates for US Gulf grain rates materialised last week with an unseasonal flurry of activity elsewhere in the freights market. But the Baltic International Freight Futures Exchange's (Biffex) Baltic Freight Index (BFI) failed to improve on the previous week's levels, dropping two points
      AFP  -  1,007 words
    • 1560 18 REC EW1NQ OF EXPORT FCL CONTAINERS AND LCL CARGO Voy At iM Tranotolnor 1 SchodulM Blk Op Gdn Dote/T Imo Tim* From Tim* To Booking 4 Solo ft > 4-". :v t AMM Mb 0912 10.08.89 0700 09/0945 09/1045 Doc Rm 2 J1 00 F02 09/2145
      1,560 words
    • 185 19 JUST OVER A YEAR AGO, Gibraltar Shiprepair Ltd (Gibrepair) appointed Scamp Ltd, the leading underwater hull cleaning network, to asaist in the handling of the shipyard'* worldwide marketing operations and the development of a network of agents. These aims have been met and Scamp Ltd will stand
      185 words
    • 929 19 MODERATELY active interest wee noted in the dry cargo time-charter market on Monday including a 62,000 tonner fixed to Soviet operators, brokers said. The fixture was from east coast South America to the usual Skaw-Cape Passero range at US$9,OOO daily plus $200,000 ballast bonus, they added. However, the
      929 words
    • 10419 26 I aarhus Heidelberg Eiprn*. Trlot, Aug 9<PIQ. Anna Mttrik. Maerak Lin*. Aug 10 Nor Mia Al-Manaoorah. Noraaia Lin*. Aug 12. Villa da Neptune, CM D'Affretament. Aug 12. Ming Galaxy. Yang Ming. Aug 12. Ever Qlaamy, Evergreen. Aug 12. Nad Deiima. ScanOutcht, Aug 14.
      10,419 words
  • Page 17 Advertisements
    • 17 17 +!;}!"<.%]$\)^?_=-_\/-<~!/,`?$) For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      17 words
    • 17 17 Lines and services represented by Members ol the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
    • 277 17 "The Illustrated Encyclopedia of Wildlife* Wild I if* A Fortnight Iff at mil good /'TL t No holiday In cruise industry THE APRIL DEBUTS of Oceanic Grace and Fuji Maru have driven a thin Japanese wedge into a buoyant shipping sector high-class cruising which has historically been dominated by US
      277 words

  • Page 18 Advertisements
    • 49 18 NOTICES M.V -DONA ALOO" VOV. a AMI VXD SINGAPORE IMIM Cimelfneee of all damaged ex the captioned tnnl la hereby »otl fled '>•» a Oeoeral Survey will be held oa the 10th Aifut lMt (Thareday) at Kappal Wtorree K It from HN Iwwa U» houra No further aarrey will eater-
      49 words
    • 50 18 M.V "REGENT KATUAS" VOY. 11 ARRIVED SING AFORE 5 CoDilfDMt of all c*no» damMred ex tb« captioned nwl la hereby notified that a Oeneral Survey will be held on the 10th Aocuat 19H (Thureday > at Keppel Wharvee K It from OMO hoar* 1300 hoar*. No farther larrey will entertained
      50 words

  • Page 19 Advertisements
    • 1038 19 WW/ lo Se»vi«:*? Jardines JAM DINE SHIPPING AGENCIES 200 CMtoMMNt tad #12-05 SenMpawt Sinpion 0201 Tal 22M0U TELEX NO RS ***** TERMINAL/CFS TO *****11 220 BOOKINGS Td *****34 23$ PESAKA JAR DINE SHIPPING AGENCIES SON. MW. PONT KELANG TEL *****1 T«la No. MA3H77MA***** PENANG TEL *****4 TELEX NO MA***** CFS
      1,038 words
    • 1029 19 r~ 17* IM 244 2VB 31* V* 7/0 M l*S 11/S 17« IM 24/0 2M 31/0 3/9 7/0 M METTC M. LAM M. ?V» 10/0 11/0 17* 1M 31* 2/0 7* H 14* IS* 22* 1 rts3» mm 31* 1* 7* a* 14* {is* 21* 122* 21* 27* 22* 23*
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  • Page 20 Advertisements
    • 606 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P. KELANG SOUTHAMPTON 11/8 ALSO ACCEPT)NQ CAMO TO; AU UK INLANO DESTINAT ym BELFAST, OUIUN. COPENHAGEN, AARHUS, OOTHENBUM. MALMO, HELSINKI, CARIbSEAN I 1 AMERICA CONTAINER SERVICE FROM UK/CONTINENT LARGS BAY LIVERPOOL BAY ;MV ■r.'cl J.'l II RPfUFRHAMBURG HAVEN W7 10/7 24/7 20/7 7217 SI/7
      606 words
    • 457 20 V rr 0 COLUMBUS LINE REEDEREI GMBH A I HVIi t Of MAMHtlll EXPRESS St Mi CONTAINER SERVICE TO POH I RtNtyA'DAM NULL(UJL) a I 5Z3 i'.'ii; -aL*JyjV.'f'A K (ASIA-SOUTH PAOFIC JOMT tCRVfCC) MMUTIANK VI2S Actoptinf LCL urn fir mm poets iiitliii(i mi ilm to u, nonuii *n i rjnwiio^^pii'
      457 words
    • 594 20 3 EUROPE nn MOW ASIA AL-MANSOORAH MM M 1M MRAII KA «a« 18* 17* NORASIA SUN MM 23/8 24/1 NORASIA KARL VM3-3 2*B 3*B Alm accapttai carp to all U.K. DwttoattoM, Scandfe »5 ax HAM 111 "8 a 2S (Aarfm, ART 10 Jr. TO MEDITERRANEAN/RED SEA imjmi Mimnnjiii UIII *2
      594 words

  • Page 21 Advertisements
    • 957 21 Steamers Maritime Holdings Ltd Containers S3 STRAITS SHIPPING CONTAINER SERVICE TO UK CONTINE NT U0 aa w ua an m mm ua aa K* UH W a* an aa m an m Accepting Corgo Fori KOTA BAMAR VBN U-U A* 14- U Am Pf CASUS MONEIR VON U-M Am MU
      957 words
    • 728 21 YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE OilFHffilI I M I II I HAIUIM LENARVE «K QUEETWAY MMME ME CNOYAWfi PARK ME HARJIR fWTI ftWT Ml I* far NK*AOOOK/VaM»MSAN FMG Q FIOTA MEHCANTE GRANCOI OMBIANA S A iN A 1 lON Al tINE OF COLUMBIA CAVN
      728 words
    • 260 21 Hai Sun Hup Co (Pt< lj(i STRAUS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-RO HEAVY HI VESSEL COSMC SEKI SEKI KOGGEGRACHT TRADER MATSUYAMA KOCH! VOY. NO. 1 79 74 4 Sport SaiM 27/1 9/9 7/1 P. Miang In Port 300 12/9 M*9 I*9 l«/ 9 310 NOTE: ALSO CALLING OTHER JAPANESE
      260 words

  • Page 22 Advertisements
    • 500 22 f HSINOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading tar:20 AUG BANDAR ABBAS KYOWA LINE MTROOUCMQ KYOWA FA9T DWCCT B/BULK/COMTAMMER Mfivm mo« STOM/PK TO OUAM/9A»A«I AND ETA SPORE LOAD FORn WlP*jjano MICRONESIA PORTS' *WCRONC3IA PORTS DIRECT CAUS ON INDUCEMENT BASIS AND/OR TSHPT AT
      500 words
    • 506 22 00 HANJIN SHIPPING xy «f 'FULL CONTAINER SERVICE TO USA PACIFIC SOUTH WEST TO EUROPE VIA SUEZ a# H. CMCJU an la. HAM i t*i on on m TO FAR EAST PORTS TO PACIFIC NORTij WEST CANADA FROM EUROPE VIA SUEZ TO EAST COAST (ALL WATER SERVICE) MMUM If HAMS
      506 words
    • 165 22 INTEROCEAN LINE 78, 2nd Root, Jalan 2/71, Taman Tun Dr. IW, ***** KL Tal: 71 ft 734, ******4, *****24 TLX. NO. MA-***** FAX: 03-*****11 Parang Oil: Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS AUSTRALIA GUANGZHOU MARITIME f TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING)
      165 words
    • 942 22 EVERGREEN ill Lontamer Se-nce Round-The-World East Bound (FE/CARIB/|JSEC/EURO/FE) PKL IN UJi P If iy« nm am nm nm up am am ss s s Round-The-World West Bound (FE/EURO/USEC/CARIB/FFI JEO HBC FIX ROM AM LNV E S is s is WW,. n» M/» £5 EVER GLAMOUR WB 2t,W 21/09 S/B 30«
      942 words

  • Page 23 Advertisements
    • 694 23 CONTAINER SERVICES VOY SM JKT MY VOY MAJAPAMT JAKARTA IM m MM w M M 711 4MM IM ACCVTMQ WMIMWOMMMBIOWOW QINGDAO M MA MM CONVENTIONAL/SEMI-CONTAINER SERVICES A*. HONGKONG SMQAPOMC LOADMQ FOR: 11-12/t IMM Maw 22-24/1 IMM IH7ZI 12-IVI KOTA BAKTI I w im;n 14-IMB 06-07 m JLF if KOTA RATU
      694 words
    • 382 23 BEN UNE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT rroac r.*Li ur IP ip ip W EXPRESS CONTAINER SERVICE FROM UK/CONTINENT mm nuvn nw m«k ma p jujum rm raa UM MM MM MM M m MB. UO IMfpM fey MM hM MM UK MS. T*. i* um m in MM
      382 words
    • 272 23 B J1 v 11 v' (Acayri* cmvuitkmai CMTAMBMB CAMO) U-JM 1101 (AcetrrwK cotrvuno**. colvtuTK**!. Co*TAmtt«D CAMO) nwM L»;T: Z3 DJAKARTA LLOYD INDONESIAN NATIONAL LINE (A MEMBER OF ANROI JMtlUftlLL vm »ia UK M* [HA ,A> A Ai.fr N( It i f AIHA M)N HH r VA/Z7WB DJAKARTA LLOYD l\P( 'V
      272 words
    • 328 23 BOUSTEAD SHIPPING AGENCIES M ■YOUAVWA MYANMA *i FIVE STAR UME (Burmese National Line) J Loading for Rangoon v S port P.KtUnf Ptnar* Ban** 11/12 Ami mam uiu7Z Z -j THE BANK UNCI 311-CONTAINER SERVICE CATHERINE 13* CLYDEBANK VXN 21/1 TAMAJTAI SAMOA VISN 2M FORTH BANK V2SM 13/10 SPOKE ROAM HMK
      328 words

  • Page 24 Advertisements
    • 530 24 EXPORT OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE Kline K \v\Kl MM N K \IM I I ID •pk/tng inoo H I rfl FEEDER VESSEL 00a FAITH OOCL FRIENDSHIP NEPTUNEJAOE OOCL FORTUNE VOY INDO *PK, i I i 16 2M m •PK/PNG IMP ■OTHER VESSEL BROOKLYN BRIDGE GEORGE W
      530 words
    • 476 24 II ;7UI EXPRESS CONTAINER SERVICE INDIA EXPRESS CONTAINER SERVICE tipMiH FCUFCL Contain PJUk* Nwi IMtarW l)Mrl|fM*r Bk| M ta| lt*a| »la* UN U imt 7 0d lOd 1 (to INDIA/JAPAN/INDIA SERVICE NP PJUtal *MN| Utf* nr. MUTAPI lfX-4 M WWT/j-7 -lU^II/TIIII S.O MAALAMO ¥.44 Vkm "rII r JJ.S.A. SERVICE ft
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    • 267 24 G.G. GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a t«M *f«f strMi sincapo«( ti« in uuw do imis) r». STRAITS/PERSIAN fIULF SERVICE: Tmn f. Mm WJCR MAWCM M& fciprt aouftß MA* W *m* CNMA ttinß •IMHMN jUTWWMTtNO— SSfiC ki .JAI •Mil tw ram Oak Oa IM KM am m mm
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    • 427 24 PHILI-ORIENT LINES PTE LTD H( A: T(iC( '08 ROBINSON HOA[ jM Bui.DING S'NjAPCRr *E.f> BS j': PHI.i fA» EAST/HI EAST Fa ft La DCS T1 NATION UJ», i "T.r.i r.vf. ,M —n ■AURAS, CALCUTTA chittagonc east/west maun. Un Fa ft La fTTWTTTTTTTI SG 2 VALETTA, vm ra ft La LDN,
      427 words

  • Page 25 Advertisements
    • 1130 25 Agent? S port General Bo Enquire Ft 27*9977 271 NEPTUNE MENCES PTE. LTD. lOUNE SON BHD KXaMw NM »i«0 uora? *****19 *****16 *****11 *****41 <CR NO. **********0E) NEPTUNE ORIENT LINES LTD E X IM) R T I M V H T IU HAM Ml ISM UH tim mm mm mm
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    • 671 25 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Offi Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** roiPMS P. KLAMC utSWS MAI TMONC SNIPPING 127 PewwStrwt Panant Malay*** HANDLING SVSTBI CO Ml MO CjMh JAYAPOH PCNAN6.
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  • Page 26 Advertisements
    • 436 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTO. Til 225 6868 <34 lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/8 SSCAO 1 r DSR-LINES VEB DEU T ERACHT SEEREEOERE. AOS T 'X> 4' INTEGRATED CONTAINER SERVICE MEMBER OF EACOM SERVICE TO EAST MEDITERRANEAN t NORTH CONTINENT EUROPE OUTBOUND W. ULMICNT
      436 words
    • 299 26 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU PERITA MAS ETA 15/8/19 ETD 25/8/B (My recttwn car|o at PPW/Jurong Port/*tonna/S«fnb«w»nt IS YBhk Perita Shpg Trdg P L Tel No 533*525 Tic 42*2 Fai *****86 ERITA CONTAINER LINE MV. ANGKASA JAYA ETA In Port ETD 20JJI FORTNIGHTLY SOU-CONTAINER SERVICE
      299 words
    • 276 26 LICREGIONAL CONTAINER USES ASEAN PORTS BANGKOK 4 SAILINGS A WEEK Co Ltd BKK (Tel: ARWSTADT PITA BMUt siWraTi EASTERN PtONEER L1«I<" J J P.KELANG 3 SAILINGS A WEEK DASWANI Sdn CM Pkl (Tel: *****58) PENANG 2 SAILINGS A WEEK ':.M. f.n i »i. «rrt' \i.>""in?? JAKARTA 2 SAILINGS A WEEK
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  • Page 27 Advertisements
    • 538 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 l<t>. cn a n rIJ mil tujj I j —xJ Jn > J —l yj/ ti pjjJ j Algerian National Line FAR EAST/ MEDITERRANEAN SERVICE S PORE LOADING FOR KSAR CHELALA 10/8 alger/oran/annaba/tunis MV BOUIRA 15/8 JAPAN ALL VESSELS
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    • 317 27 ffl IRICHFIELO MARINE AGENCIES (S| PTE LTO TEL *****13 110 I FAI J25M15 Ttlfcl RS JSbYI RISHIP 13 l.nevi Mis ACCEPTING FCL ANO CONVENTIONAL mma «ta loww» row NETSANTT Wt OAAtSSAiAAM. k*OWAe* OJWOUI' VOY MM AIM, MAMAWA. HOOBOAH MVANOBCT »10 DAMMAR Ml. MOMBASA. PMOUTI VOY: 17>M AHM MAMAWA. HOOOOAH Other
      317 words
    • 597 27 ~<,..1 SIGMA EXPRESS (S) PTE LTD TEL *****44 FAX: *****75 P.KELANG: 13-7)***** PENANC: 14 3KNI BANGKOK: *****21 HONG KONG: BMMIM NAVIOACION (CmiAN NATIONAL LINE) GREAT ANDES SERVICE FEEDU VSI SP KEE MOTHER VESSU REE VAL N. IVORY 19N 13f« LIR CAY OS 17/1 12/11 N EMERALD 15N 13/ M 2t«
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    • 122 27 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE CAUSA* V M icuvc mm SUSAK 71* TMU BAY 77% LSUVC ttlf CALABAR m 1 J At i ICUFCL ACCEPTABLE FOR COMPETITIVE LCL RATE CONTACT ANWAR/JEY/ CONTACT PCRtC TELEX/FAX NOB MR ROBERT ON/ ANWAR BALTRA/*****73 H Hamburg West Germany Tiger Line
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    • 44 27 REGULAR EXPRESS FCL fit LCL SERVICE ABC CONTAINERIZE N V. TO AUSTRALIA/NEW ZEALAND i inaa U DATS TO MKLBOUKNB! TO USA/CANADA nmioioi LJKUu AGENTS FARGO SHmm COm*HY(ffi.) LTD. IS. HOE CHIANG ROAO. im SANFORO BUILDING. SINGAPORE 0201 T«t *****5 Fat *****16' Tic ***** FASCQ
      44 words

  • Page 28 Advertisements
    • 105 28 cTtTtJiTVEYj La ACCEPTANCE TO NOUMEA, FIJI »N HKC NOUMEA SUVA Wd 99 15rt 2» sfl mo 7/1 Xfi two EXPRESS SAILINGS TO PAPUA NEW OUMCA SIM PORT MORESBY LAE 17/1 27/1 2/9 GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATIHUKUALOf A TONGA RAROTONGA FUNAFUTI TUVIU SIN SUVA VSi:
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    • 403 28 OcerdSeruice LCL/FCL SERVICE TO/FROM MM IS 9 %1 ■VI (5 LINES) <> OEGULAO L NE C SERVICE 15 Ami MANILA 14 A«| iC $l*wS I NER SERVICE AUG Manila, Kjohtiunf EXPRESS SBOUSO WEEKLY SVCS mm ALL UMTCO KINGDOM citicswts nm COKMIMEIMMMUS FROM nmbuhqmskn FROM SUSAN FROM LOS AMCLESJALL IMA IfJ
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    • 252 28 SEBVICt to/from CHI ■OTHER VESSEL HK TONO AMCA IQQ ANTOFVALP SAI CTE LUCK VJW m n/M JVM ATACMM l«l 1/1 7fll tfU U/U MM laja vm w ynuju wu- a/u-W CARGO FM fUNTA ARENAS. TALCAHUANO (SAM VICENTE) ACCEPTEO WITH T/S VIA VALPARAISO Smjt.iporc WJ2JOO K I uinpur lIW?W*. /134?19. Bookings
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  • Page 29 Advertisements
    • 679 29 4 COMPANIA PERUANA j 5 TOIA de vapores I W "PERUVIAN STATE LINE" K LOADING FOR CALLAO, MATARAN I, ILO* AND ALL OTHER 1 K PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON J p CPV THROUGH BILL OF LADING TO FINAL DESTINATION. j PMiaog* P. Mljng* Singapore A g MANOLOEVERETT
      679 words
    • 525 29 Z I M FULL CONTAINER SERVICE accepting FCL LCL cirjoei to USA East ft Mett Com! CimDtwjn Eist CjhmU HAITI Costa Rica (I Salvador Guatemala Honduras Venezuela Peru. Ecuador Colombia via Miami Trinidad Barbados Antifua SI Lucia Montserrat Cuayana via K.nfiton iza iDi in m* He I'm AUSTRALIA CONTAINER SERVICE
      525 words
    • 411 29 f tik'lfliiY/.U! Bi»pniq thanvoktatiom (rr*) ltd WEEKLY LCL/FCL SERVICE I LLMI ji 7.Vi /.I miTTTI I FOR BOOKING A ENQUIRIES, PHASE CONTACT:PORT KELANQ 11 AUQ MANILA 11 AUQ HONG KONG. ALL CHINA PORTS 11 AUQ KEELUNQ. KAOHSIUNG 13 AUQ BUSAN 14 AUQ TOKYO. KOBE 19 AUQ OHTT A GONG 14
      411 words
    • 437 29 p •C t N PERINTIS LINE II weekly full container service WEEKLY FULL CONTAMER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA EL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRABHAKTI PRASETIA 284-266 In Port In Port 11/06 11/06 14-15 12/06 14/06 16AM 10/06 VOY SINGAPORE SURABAYA ETA
      437 words
    • 294 29 PIC CONTAINER LINES in ICI SfRVICf 13/8 KEELUNG/KAOHSIUNG 13/8 BANGKOK 16/8 MANILA 12/8 JAKARTA 12/8 PORT KELANG/PENANG 14/8 BUSAN 16/8 TOKYO/YOKO/KOBE 14/8 HONG KONG ate accepting cargo to Huangpu/Shenzhen/Fuztttu AlofTi®fi I Aln|afi|/vnBii£nd! 12/8 LDN/FLX/LYP/SOU 12/8 RDM/HAM/ANT/LE HAVRE/GENOA ate rfttrtww cargo to aH Europe inland den nations 17/8 LA./NYC, 13/8 VANCOUVER/TORONTO/MONTREAL
      294 words

  • Page 30 Advertisements
    • 565 30 Zil I 'A L MERCHANT MARINE CO., LTD VIM SIN HKG ISM OAK SEA i 1" vr, —i FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE TO PSW HYUNDAI «4Aiimcra HYUNDAI INNOVATOR HYUNDAI EXPLORER HYUNDAI COMMANDER HYUNDAI PIONEER he up up «p mp mo m up up up up up am nm wm
      565 words
    • 214 30 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: *****95 (PK) *****96 *****6/*****2 (PEN) *****0 JKT: *****4/*****6 *****01 Expeditors
      214 words
    • 458 30 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST pr TOKYO rati hagoya YOKOHAMA SRI LANKA/ INDIA EUROPE/ UK CALCUTTA CMITTA6ONG rTTTTY f f »,r ■ifrfif REGULAR CONVENTIONAL SERVICE TO MANILA LBANKI2/8 b i SWISS SHIPPING PTE LTD T»lok RndJUT. TMok BlmmA
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    • 409 30 -T- v S>. e MifsciOS K Lines Ltd FULL CONTAINER UK/CONTINENT (TRIO) v fz* IrM rM| nm itm £StfSL m Jt y ***** U. [S ?J$ 111 MEDITERRANEAN (MED CLUB)* AM Unium Car* ssl ;:ssrrt; F OR USA 11 i CANADA JEDDAH A N L, fAR t AS I c
      409 words