The Business Times, 15 August 1989

Microfilm: NL16694
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 46/12/88 TUESDAY, AUGUST 15, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    245 1 Dow down US STOCKS remained soft early yesterday, although blue chips were above their previous lows. The Dow fell three to 2682. Declines outpaced gainers by about two to one. Reuter Footsie down LONDON share prices were depressed at midday yesterday as pessimism about the British economy
    245 words
  • Article, Illustration
    Most Asian markets end higher
    227 1 SMGAPORE and other regional markets closed higher in active trading yesterday, but share prices in Tokyo declined on foreign exchange worries. On the local exchange, prices closed mixed as a lack of follow--through buying and selected profit-taking reversed an early uptrend. Two-digit gains in some
    227 words
  • Article
    World Bank moves S'pore, HK to 'high-income' group
    636 1  -  US$6,OOO PER CAPITA GNP USED AS CUT-OFF POINT By i ANNA TEO THE WORLD BANK has moved Singapore and Hongkong from the upper middle-income category to the high-income group under a revamped country classification. In the Bank's 1969 annual report. the two
    636 words
  • Article
    Lock icon Hawke to discuss major regional issues with Rocard
    267 1 AFP AUSTRALIA'S Prime Minister Bob Hawke said yesterday that regional issues, including his country's proposal for an AsiaPacific economic forum, would be on the agenda for his talks in Canberra on Friday with French Prime Minister Michel Rocard. Mr Hawke said the
    AFP  -  267 words
  • Article
    Services sector bullish about second half
    390 1 AFTER a generally lacklustre second quarter, the services sector is highly bullish about business for the last six months of the year. Almost all in the services trades are upbeat about the outlook for the second semester, according to the third-quarter survey of bueinees
    390 words
  • Article
    Enhancing Asean-Seoul ties
    58 1 DIPLOMATS from South Korea and Asean will meet in Seoul on Aug 21 and 22 to lay the groundwork for greater economic cooperation. Trade, investment and tourism are the special interest subjects to be covered in the "sectoral dialogue" relationship Asean envisages with South Korea. JOHN THOMAS
    58 words
  • Article
    Lock icon KL will not object to repair facilities for US forces in S'pore: Mahathir
    537 1 AFP. Bernama. Reuter MALAYSIA has no objections to Singapore's provision of repair facilities and other services to US forces, Prime Minister Datuk Seri Dr Mahathir Mohamad told the Washington Post. But he added that Malaysia was against
    AFP.; Bernama.; Reuter  -  537 words
  • Article
    GPC supports govt position on hosting US military facilities
    444 1 THE Government Parliamentary Committee (GPC) for defence and foreign affair* supports the government's position on the hosting of certain US military facilities because such a move will contribute towards regional security. In a preea statement released yesterday, it said that Singapore's
    444 words
  • Article
    Lock icon Transistor co-inventor William Shockley dies
    170 1 AFP WILLIAM SHOCKLEY. 79, co-in-ventor of the tranelator and 1966 Nobel Physics prize-winner, died in Stanford last Saturday of a prostate cancer, Stanford University announced. Mr Shockley, in collaboration with two scientists from BeU Laboratories, John Bardeen and the late Walter Brattain, demonstrated for the
    AFP  -  170 words
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      127 1 I Nikon The World s Finest Photograpnic System PKN THO U SK FLOORS LIVE IT UPAT THE TOP 7Vie Penthouse Floors at Plaza Motel. The premier address when you're in Singapore. Register at our special Reception Desk. From then on. its luxury hotel living throughout your stay. L Vour personal
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      200 1 Full report, PAGE 20 Regional mfcts, PAGE 22 Editorial Comment ....................14 Unit trust scheme fair enough Acquisitions ................................14 Japan dismantling a barrier or two Politics 15 Faint hope for peace in Ireland Oil trade 2 Seoul firms set up offices here Property 3 Prices below peak jfidi 5 UK aims
      200 words
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      10 1 US cannot mor* tor M« ißord to (My PAGE 4
      10 words
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      45 words
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  • HOME NEWS
    • Article
      S Korean oil company sets up office in Singapore
      449 2  -  By LILIAN ANG THE GOVERNMENT'S efforts to promote Singapore as the oil trading and distribution centre in this region have attracted the attention of South Korean oil companies. Yukong, one of the largest oil and petrochemical companies in South Korea, has
      449 words
    • Article
      Plans for a Parliament House Complex
      251 2  -  By SHOEB KAGDA PARLIAMENT HOUSE, its annex* and the Attorney-General's Chambers are expected to undergo renovation and restoration starting sometime next year. The three buildings will be developed and incorporated into a Parliament House Complex by the end of 1992. The Public Works Department
      251 words
    • Article
      Chinese team here to learn from STPB
      276 2  -  By JOHN TAN CHINA, which is in the midst of an sggrsssivs promotion to draw touriats back after its recent crisis, is taking a leaf from the Asean experience. A high-powered delegation from the China National Tourism Administration (CNTA) yesterday met the Singapore
      276 words
    • Article
      Manufacturing jobs ads: special pages in ST
      289 2 THE STRAITS TIMES will pool recruitment idvwtiw ments for the menufacturIng sector in speciel ptgM •vary Wtdrwsdiy, starting tomorrow. Celled the Manufacturing Appointments section, this focused concept of recruitment advertising will make it mors user-friendly for those looking for )oba in that sector.
      289 words
    • Article
      Boost to S'pore-Thai air force ties
      128 2 TIES between the air forces of Singapore and Thailand war* further booated following the conclusion of the Air Manoeuvring Exercise in April. The exercise part of Ex Thaising which is the seventh in the series, involved some 300 personnel from the Republic of Singapore
      128 words
    • Article
      'Economic policy moves with the times'
      196 2 ECONOMIC POLICY haa got to change with the times and over the past three decadee, the government haa enaurad the ahift, aaid a Member of Parliament for the Bedok QRC, Dr Hong Hai, y eater day The Sixttee aaw the emphaaia move from trading
      196 words
    • Article
      Trade fair expects half million visitors
      357 3  -  By JAYARAM MENON CLOSE TO half a million people are expected to visit the Trade and Industry Fair 89, described as the biggest of its kind in Singapore, which opened yesterday. The week-long event organised by the Singapore Chinese Chamber of Commerce and Industry
      357 words
    • Article
      EDB to have its own centre director in Hongkong
      247 3 THE ECONOMIC Development Board (ED6) is to beef up its operations in Hongkong with the posting of a centre director to handle EDB matters exclusively. The current EDB representative in the colony also looks after the interests of the Trsde Development
      247 words
    • Article
      First export conference will have two star speakers
      312 3 TWO high-powered speakers from the West will lend a fillip to Asean's first export conference to be held here in October. The vice-preeident of the European Commission, Or Martin Bangemann, and a rising star in marketing, Professor Warren Keegan, will speak at
      312 words
    • Article, Illustration
      Lock icon Private property prices below peak
      447 3  -  INDEX SHOWS PRICES IN 1988's LAST QUARTER 18pc BELOW PEAK By LEE HAN SHIH DESPITE strong demand, price* of private properties in the fourth quarter of last year were still some wsy below the peak values seen during the last property boom. According to the
      Source:  -  447 words
    • Article
      SMA exhibition at Frankfurt's autumn trade fair
      128 3 SINGAPORE businessmen are determined to keep the Singapore flag flying at Europe's most important trade fair. Six months after organising the Republic's participation at the Frankfurt International Spring Fair, the Singapore Manufacturers' Association is putting up an exhibition at the August autumn fair.
      128 words
    • Article
      Developers focus on flats, condominium units
      312 3 DEVELOPERS of flats and condominium units especially are going at full tilt At the end of March, there were some 15,000 private residential units in the pipeline, made up of just over 10,000 units under various stages of construction. Work on the rest had
      312 words
    • Article
      Seminar on development charge system
      203 3 DEVELOPERS and others in the building industry who are still not sure about the workings of the development charge system will soon be able clear their doubts. Three profeeeional bodies, in conjunction with the Urban Redevelopment Authority (URA). have organiaed a aeminar to help those
      203 words
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      220 2 t I t -—"f5 f f f f *1p t I ?t I ,>* f S.® f, V J V ,k& a N i*Vf v t *W,V t-t 4 > i > f 't C* t i ,s ;;<<^> l:ilf ife: r&Tw«>. >.:.v... W-5- v8&-:-XXl > W% XEK ->fii A
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      33 words
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      450 3 T-iL P2SZSBBMMEBKKBM I -ISSJ T ,3 I -V» V V» V V nwfciw COMPAQ DESKPRO 386s il mm,mm rani COMPAQ PORTABLE 386 EiiTTT HMMVT 4AM r :i T; w COMPAQ DESKPRO 386/33 The Compaq 386 line of personal computers. Think of it as a buffet for the power-hungry. \'v V
      450 words
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  • FOREIGN NEWS
    • Article
      Lock icon Bankruptcies in Japan declined 23.8 per cent in July
      280 4 Reuter JAPANESE bankruptcies in July toll 23.8 per cent from a year earlier to 561 cases, the Tokyo Commerce and Industry Research Co said. It was the 55th consecutive month of year-on-year declines. July bankruptcies fell 13.3 per cent from June,
      Reuter  -  280 words
    • Article
      Lock icon Australia to build W German frigates
      449 4 AFP AUSTRALIA will build St least eight West German-designed frigates for service in the South Pacific and Antarctic, Defence Minister Kim Beazley said in Canberra yesterday. Mr Beazley told a preea conference that a cheaper price, among other factors, had persuaded the government to
      AFP  -  449 words
    • Article
      Lock icon US cannot afford to pay more for Manila bases: congresswoman
      268 4 AP A SENIOR American congresswoman says ths US cannot pay mors to kssp its bases in the Philippines and that Filipino demands for mors wers "crszy", it was reported yesterday. Ths Americsn Stsrs and Stripes newspaper quoted Petricis Schroeder, chairman
      AP  -  268 words
    • Article
      Lock icon Congress (I) hits out at Tibet convention
      186 4 AFP INDIAN Prims Mlnistsr Rajiv Gandhi's ruling Congress (I) party has criticised the ongoing international convention on Tibet snd said it was "prsjudicial to ths intsrssts of improving SinoIndian relatione". Qhulam Nabi Azad, general secretary of the All Indian Congress Committee (I), said
      AFP  -  186 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1068 4 ARRIVALS Operate! r Sarvlc* number Local From JAL CAL SA SEY MAS SVA SU MAS MAS ACA SU CAL CPA IAW MAS GU SU GU SU CLT HA QFA SU GU THA SU GU SU THA TtY MAS SU SU SU FN SU DLH GU SU SU
      1,068 words
    • Article
      Lock icon 'Burmese govt arresting many pro-democracy opponents'
      250 5 AP BURMA'S military rulers are making extensive and continuing arrests of opponents pressing for democracy, a US congressional staffer who visited the country has said. "Nobody knows exactly how many have been arrested but we were told that the arrests have been extensive and
      AP  -  250 words
    • Article
      IRA marks 20 years of fighting
      455 5 THE Protestant cry of "no surrender" echoed among Roman Catholics as Northern Ireland on Monday marked 20 years of living with British troops. "We have a lot to be proud of because we have come a long way in 20 years. Our opponents have
      455 words
    • Article
      Lock icon Bonn closes mission in Budapest
      329 5 Reuter A FLOOD of East Germans seeking to emigrate has forced West Germany to shut a second diplomatic mission in less than one week After closing its mission in East Berlin last Tuesday, Bonn announced on Sunday that its embassy in Budapest, which is playing
      Reuter  -  329 words
    • Article
      Lock icon Vietnam opens third satellite station
      147 5 AP VIETNAM is expanding its international telecommunication links via another Australian-built satellite earth station, the Vietnam New* Agency said in a dispatch yesterday. The station, named Saigon-1 A, was inaugurated last Saturday in Ho Chi Mlnh City and was the third such project between Australia's
      AP  -  147 words
    • Article
      Britain aiming for £2b exports to S-E Asia
      435 5  -  Advisory group to focus on upstream industries By DAVID CHEW BRITAIN has plans to raiee the preeent level of its exports to South-east Asia beyond the £2-billk>n mark by 1901. the UK's South-east Asian Trade Advisory Qroup (Seatag) said. Currently, the UK's
      435 words
    • Article
      Two UK companies win major Philippine contracts
      290 5  -  By DAVID CHEW TWO BRITISH companies have recently won lucrative contracts from the Philippine government statutory bodies, reports Triple i, an official British government magazine for the British business community in South-east Asia. The Singapore-based bi-monthly publication in Its inaugural issue said that
      290 words
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      481 words
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      9 4 CJlfmr-OmtlAtmmAkCmmhMnMUS. A BREATH OF FRESH AIR Air Canada sl
      9 words
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      301 5 fci afr i Iflanrf- |«inl rvonntrn n vibiiu. leme hopM oI PMM, PAGE 15 l Ti > t v TJS Ml ■4X vlidaXt >■%.--■■ v-r-r^ s '*i •^D:-^;-» rssswwpp^- ■> *s£s-K. v t *r<u+ -^r s*> tssw yv A business meeting should be enjoyed. Not endured. Hardly a week goes
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      66 5 Doonesbury U£UOM£ BACKTO 'JAM 7HO&, uve.'" TODAY (AJ&RS vtsrrm th&b/rihdm mpt/ J OF At PS VICTIM ANDY UPPIN--w COTTi ANPY, CAN YOU HEAR. Ma? 7 I I I m m IVI m 2 mi vim u i i ft BY GARRY TRUDEAU m /I'lW 2 i m 7 K ■ISm
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      98 5 Si W/ Rolny doyo Ma i Madrid 35/1/ door Manila 32/24 Rain Moxico Clry 25/14 Miami 31/24 Rain Montreal 24/17 Oeudy Moscow 22/13 Ooar Nomou 31/24 Oowdy Nm MN 35/27 Oowdy Ntw York 26/21 Oowdy Nfeotfa 38/22 Ooar Orio 20/06 Otar Ports 24/17 Oowdy Porth It/12 Char Rio 'Jonoiro 25/14
      98 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1151 6 SINGAPORE: The US dollar sentiment was bullish yesterday, suppbrted by last Friday's US data. The 0.9 per cent increase in retail sales compared with a decrease of 0.1 per cent in June suggested a soft landing for rhe US economy. H However, profit-taking and fear of central bank
      1,151 words
    • Article
      Rates firmer in thin trading
      302 6 F 1 Asian market ASIAN DOLLAR deposit rates yesterday finished higher compared with last Friday's close, after a thin day's trading. Dealers attributed the firmer rates to a sharp fall in US bond prices and the US Federal Reserve's action to drain reserves from the
      302 words
    • Article
      Options
      1300 6 CURRENCY FUTURES OPTIONS Monday, August 14, 1989 DEUTSCHE MARK (SIMEX) ft* High M caUa Lav 1 Ml *•9 Man M put* Lav M 52 92 93 15* 54 241 JAPANESE YEN (SIMEX) S6P M ca«a i 1 Ht* Loa Ml Lmm M 73 239 239 239 75 424 LMM
      1,300 words
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      Page 6 Advertisements Column 1
      104 6 W It's Teppanyaki with choice American meat and seafood. Imagine, corn-fed beef sizzling alongside chicken, prawns, catfish and vegetables on the Teppanyaki counter. Our sumptuous yi lOcourse Special Teppanyaki t(v Set is a steal: at just $36 for SENBAZURU lunch or dinner. iapanisi restaurant If it strikes your fancy, go
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      8 6 Mora Money ft Exchange* prices on Page 9
      8 words
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      106 6 FOR BITS AND BYTES z I 11 Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, the TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is
      106 words
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  • COMMODITIES
    • Article
      KL Tin
      175 7 RENEWED buying d»mand aided sendmsnt on Km Kuala Lumpur Tin Market (KLTM) yeeterday, the prtoa rWng tlx cents to trntJUm kg. Tha sharp decline oI 82 canto last Friday attracted buying at Mm lowar level ao reSsctsd at tha opening Mdo of 115 tonnaa against offsrs of Ml
      175 words
    • Article
      Palm Oil
      347 7 MALAYSIAN crude palm oil Mmtm on the Kuala Lumpur Commodity Exchange closed easier yesterday in active trading. Dealers said the market was "overdone" and lacked follow-through support slier last Friday's firm closing on heavy short-cover-ing. Dealers said an anticipated higher production and stock figures to be released by
      347 words
    • Article
      Precious Metals
      356 7 HONGKONG: Qold closed easier in quiet thin trade yeaterday, following US dollar movementa cloaeiy. "European aelling in late trade depreaaed the metal to its day low at U*****.10/60, but local short-covering gsve support" a dealer said. Bullion ended at U*****.70/363.20 an ounce against an initial U*****.40/90 and the
      356 words
    • Article
      Rubber
      364 7 MMAPORE: Rubber prices closed lower with September One RSS buyer quoted st 107.50 cents s kg yeeterdey, down two cents from Fridsy's dose. Brokers ssid pricss drifted s little lower in thin afternoon trsde on the tail of week Jepeneee markets. On the TSR-20 Award market prices clooed marginally
      364 words
    • Article
      RAS and MRELB
      275 7 RAS prices mtc mM9.r0 In balm 1 NOON CLOSE bit 1 RSS Prompt □vywri 169.00 *****N wjwy 167 JO 168 JON Int 1 RSS Sop ***** 169JO 167 JO 168J0 Int 1 RSS Oct 171.00 171 JO 169 JO 170 JO Int 2 RSS Of 168.00 *****N
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    • Article
      SSR and SMR
      79 7 (canfi/kg) SEPTEMBER 1989 OCTOBER 1989 (cufront month) (forwor d month) RAS NOON NOON •vyart e-M Mirt SU 20 149.00 151.00N 150.00 152.00N SSI 50 147.00 149.00N 144.00 150.00N MRELB loym b|Wi 1 ,lli 11 SMI CV 218.50 2 20JON 220.50 222.50N SMI I 221.00 223.00N 223.00 225.00N
      79 words
    • Article
      Produce Prices
      193 7 Chinese Produce Oodng prim an AugwM 14 Exchange Coconut oil (M$/100kg) Siilcri' noon doling prtc m on Now drum* 133.00 August 14 (S$/100 kg) 2nd hand drvmi 127.00 Coconut oil Mk local In btA 118.00 115.00 Mi FOB 9X00 Copra (M$/100kg) No 1 (*ttat«) Old drum FOB 103.00
      193 words
    • Article
      Lock icon Jakarta's coffee export controls under review
      629 7 Reuter INDONESIA'S Trade Ministry is undsr incrsssing prsssurs to change its coffee export controls, which some analysts say benefit s lucky few while doing little to help the national industry. The ministry was due to discuss the issue yesterdsy with other ministries, which want
      Reuter  -  629 words
    • Article
      Lock icon Crude Oil and Products
      146 7 Telerate THE HSFO market was quiet yesterday, with the normal cautious start to the week's trading. Buy and sell indications for spot CSTIBO were notionally at $87-91 mt FOB/CIF Sing. Few serious buyers and sellers were found. Sentiment was mixed with the softer Nymex close and
      Telerate  -  146 words
    • Article
      Lock icon Brazilian traders unloading coffee at hectic pace
      408 7 Reuter BRAZILIAN TRADERS continued to offload coffee onto buyers at a hectic pece this week, provoking further sharp declines on world markets. "We're selling at a tremendous rate, there's Just no stopping. It's incredible," said one trader. Traders said Brazilian Coffee Institute figures
      Reuter  -  408 words
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      86 7 SINGAPORE SYMPHONY /S ORCHESTRA w Singapore Symphonia Company Ltd presents conducted by £dwctid.4jttatli former Prime Minister of United Kingdom Elgor Overture Cockaigne (In London Town) Tchaikovsky Variations on o Rococo Theme for Cello ond Orchestra (Soloist: Felix Schmidt) Dvorak Symphony No. 9 in E minor From the New World' Victoria
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      Page 7 Advertisements Column 2
      130 7 DRIVE OR BE DRIVEN? '□□a nan non ana Either way, with a Hertz car you're okay. But if you hoppen to be a busy executive, you'd probably appreciate t our chauffeur-driven vehicles. That way, we do the driving and you can concentrate on your work. Or simply sit back and
      130 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Major NZ banks poised to cut lending rates
      710 8 Reuter A SMOOTH CHANGE of prime ministers, a well-received budget and lower wholesale interest rates should lead to easier bank lending rates in New Zealand, bankers said. Base lending rates have stayed at around 15.75 per cent since early this year despite
      Reuter  -  710 words
    • Article
      Lock icon Japanese banks ready to resume lending to China
      154 8 AFP JAPANESE BANKS are ready to resume lending to China if the International Monetary Fund (IMF) and the World Bank lift a ban on new loans to the country. According to a Japanese banking industry official yesterday, however, the decision is up
      AFP  -  154 words
    • Article
      Lock icon Earnings data may cast shadow over gilts
      269 8 Reuter AMONG THE profusion of economic data due this week in London, expectations of a rise in underlying average earnings could cast a shadow over the gilt-edged market. Analysts said that with demand for gilts still strong, eepecially from overseas investors, the market
      Reuter  -  269 words
    • Article
      Lock icon Argentina to seek a reduction of its US$60b foreign debt
      443 8 Reuter ARGENTINA will seek a reduc- 1 tion of capital and interest rstes 1 on its US$6O billion foreign debt, the Argentine Central Bank's president said. "We will seek a reduction of the debt lower interest rates and we will
      Reuter  -  443 words
    • Article
      Currency Board's income falls by 46pc
      462 8  -  By QUAK HIANG WHAI THE SURPLUS income of the Board of Commissioners of Currency, Singapore (BCCS) fell by 46 per cent to $552 million lest year, mainly due to the appreciation of the Singapore dollar against other major currencies. Mr Ho Shee Ki, the
      462 words
    • Article
      Lock icon More money may be needed to end US savings and loan crisis
      649 8 Reuter THE RECORD thrift industry bailout signed into law should help restore confidence in the US financial system, but the savings and loan crisis is not over and many experts believe taxpayers will be asked to put up
      Reuter  -  649 words
    • Article
      Lock icon Fed may be too cautious: Darman
      491 8 AFP RICHARD DARMAN. the US government's budget chief, on Sunday called on the autonomous Federal Reserve to be more attentive to the need to avoid tipping the US into a recession. Speaking on NBC Television's "Meet The Press". Mr Darman, director of the Office
      AFP  -  491 words
    • Article
      Lock icon High hopes for commodity swaps
      564 8  -  By JANE MERRIMAN Reuter BANKS AND INVESTMENT FIRMS are pinning hiflh hopes on a fledgling world market in commodity price swaps which seeks to reduce financial risks to producers and consumers caused by sharp swings in raw material prices. Such swings have prompted many cries
      Reuter  -  564 words
    • Article
      Lock icon Net sale of foreign bonds in Tokyo
      116 8 Reuter JAPAN'S 14 investment trust companies sold a net 137.09 billion yen of foreign bonds in July after net sales of 16.61 billion the previous month, according to the Investment Trust Association of Japan last week. Gross July purchases were 518.42 trillion yen
      Reuter  -  116 words
    • Article
      Money Mkt
      61 9 THE overnight rate on the Singapore money market closed 3/16 point lower at 5 3/16 per cent yesterday. Term rates were all 1/16 point higher. S$ Interbank rates at the dose yesterday: cm* MO Oyer. night 3 3/16 3 1/16 IHIKM* 3 3/16 3 1/16 2-ma* 3 3/16
      61 words
    • Article
      Government Securities Market
      121 9 CTreasury bills A Day's Period Issue Yesterday's dosing code Maturity WO OFFER HIGH LOW 3 monlhi IQ*****T 9.11.89 3.92 3.87 3.96 3.92 6 month* BS*****V 18.01.90 3.92 3.87 3.96 3.93 1 yor IY 891 OOF 24.05.90 4.12 4.07 4.11 4.11 Government notes and bonds Period Issue Maturity
      121 words
    • Article
      Simex
      496 9 SEPTEMBER EURODOLLAR futures closed higher on short-covering and some buying in fairly moderate trading yesterday. "Most of the trade was technical in nature as buyers returned on a belief that the market has been oversold," one trader said. The market will be awaiting this week's release of some US
      496 words
    • Article
      IMM Sharply lower close
      299 9 A WIDENING BELIEF that the US Federal Reserve need not relax credit again soon, and technical selling pushed IMM currency futures to a sharply lower close last Friday. Afternoon trading was thin and cautious. Traders fled to the sidelines to sift through a jumble of conflicting
      299 words
    • Article
      Lock icon Singapore T-bill yields weaken
      74 9 Reuter THE Monetary Authority of Singapore (MAS) said yesterday the average yield for last week's auction of Ssl3o million of 91day Treasury bills was 3.93 per cent and the cut-off was 3.96 per cent. Bids totalled ***** million. This compared with an average yield of 4.05
      Reuter  -  74 words
    • Article
      Lock icon US Congress plans futures review
      71 9 Reuter THE US Congress is scheduled to take up problems facing the futures industry shortly after lawmakers return from holiday in September. The House of Representatives is tentatively set to vote on a bill concerning the Commodity Futures Trading Commission (CFTC) on Sep 7. The
      Reuter  -  71 words
    • Article, Illustration
      World interest rates
      171 9 'Indicates tie average el •m prime lending ralee of 12 major banks In S'pore Interbank market rates (otter/bid) on Aug 14 USS DM SWFC Y«n 7 day* 3 6 mm 13 mm 1/1* 19/1* IS 11/1* */l* 9 $7/9 13 13/1*— 11/1* 19/1* 13/1* 13 7/t 3/4
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    • Article
      Lock icon Goldman sees need for 15pc drop in £
      341 9 Goldman sees need for 15pc drop in Reuter NET TRADE volumes may improve enough to eliminate the UK current account deficit by 1993, providing price competitiveness improves by 15 per cent and growth slows sharply, according to Goldman Sachs International. This means the pound will eventually need to depreciate by
      Reuter  -  341 words
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      Page 8 Advertisements Column 1
      179 8 We will clean a section of your dirtiest carpet for free a..A Special Introductory Offer from Royal Carpet Cleaning Service to businesses and institutions. Just show us your dirtiest carpet and we will prove to you how effectively we do our job. Ordinary vacuuming is just not enough to keep
      179 words
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      Page 8 Advertisements Column 2
      101 8 FOR SALE BY TENDER UNION CENTRE 39A JALAN PIMIMPIN •Till l TENDER CLOSING DATE: 21 SEPTEMBER 1989,4 pm 7-storey factory building in established industrial area, only 8 km from city centre 40 surface carparking lots Freehold land: 43,6275q ft Built-up area: 108,150sqft With approval to increase floor space mMjM 100%
      101 words
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      Page 9 Advertisements Column 1
      185 9 THE GATEWAY OPENS EARLY NEXT YEAR ijljlßSi iiiiisEOPwee 'Singapore has undergone startling changes since my first visit in 1968. What was then a waterfront location is now the site of this proposal, and what was then water is now Marina Square. It is this dynamic, enterprising quality which I find
      185 words
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  • TECHNOLOGY
    • Article, Illustration
      UK's PC usage: revealing findings
      533 10  -  DATAPRO RESEARCH MICROCOMPUTER SURVEY By WALTON MORAIS 13 THE PC Revolution a personal computer on every worker's desk still a long way off in the UK? Are office workers buying PCs behind the backs of managers? Or are PCs excluded from the shop floors of
      533 words
    • Article
      Lock icon Visualisation: the science of seeing science
      548 10 Reuter SATELLITES ORBITiNG the earth beam down hundreds of pages of data each day, but researchers estimate as much as 90 per cent of the information goes untouched because scientists do not have the tools to analyse it. "We can't afford that much paper,
      Reuter  -  548 words
    • Article, Illustration
      Computer hastens pizza deliveries
      404 10  -  By SANGEETA MULCHAND PIZZA HUT yesterday launched its $1.6 million computerised Special Delivery Service which links its 13 restaurants to one telephone number. Housed at the Special Delivery Centre (SDC) at Tanglin Shopping Centre, the system is made up of an IBM mainframe, 20 display stations,
      404 words
    • Article
      Lock icon Japan to boost non-DRAM memory chip output
      393 10 Reuter JAPAN's MAJOR microchip makers, faced with weakening markets for their mainstay dynamic random access memory (DRAM) chips, are boosting output of other memory chips with high growth potential. But for now at least, they are avoiding an onslaught on the market for
      Reuter  -  393 words
    • Article
      Lock icon Struggle for Massachusetts minicomputer industry
      690 10 NYT THE POWERFUL technological centre known as Route 128, which has driven the economic revitalisation jot Massachusetts for more than a decade, is undergoing convulsive changes that may determine whether the area will remain a competitive force in the computer industry. The four big companies
      NYT  -  690 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      115 10 A Strong 80nd... Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness bring? genuine enjoyment a gift the receiver will appreciate. l i -.i a Discretely enhanced with your company name or logo, engraved or with a medallion, it will soon
      115 words
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      Page 10 Advertisements Column 2
      5 10 PC CORNER is held over
      5 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      208 11 *r. V «7Finally a laser printer that doesn t Desktop publishing as won earts Ut P OC^et books of few. Now Epson removes *s—the final barrier to affordable laser printer excellence with the GQ-5000 Laser Printer. It combines Epson's reputation for value and leading-edge printer technology. The GQ-5000 gives you
      208 words
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      51 12 For those of you who think you can find a branded computer on the market with equal or better performance and features at a lower published price (as of August IS> just prove it to us and we II give you ours free The Wearnes Boldlme Challenge runs from August
      51 words
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  • Page 13 Advertisements
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      286 13 It won't be easy to find a computer that offers you more than our new Wearnes Bold line M Series tor less than our very reasonable 552,550. For starters, no other computer has a built-in upgrade system on the motherboard, capable ot expanding a 286 computer to 386SX or i486.
      286 words
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  • PERSPECTIVE
    • Article
      Unit trust scheme fair enough
      522 14 THE SINGAPORE government has taken a step in the right direction by reducing the tax burden as well as the uncertainty for unit trust managers. Last week, it announced a new scheme which essentially imposes the corporate tax rate, currently 32 per cent, on gains
      522 words
    • Article, Illustration
      Lock icon Japan dismantling a business barrier or two
      1144 14 Japanese investors roam about the world buying up companies and properties, but foreign acquisitions of Japanese businesses are rarities. Washington's Super 301 trade legislation is prompting the Japanese gov- ernment to pry the door open a little. Corporate raiders from the US and
      The Economist  -  1,144 words
    • REGIONAL VIEWPOINTS
      • Article
        Singapore move insensitive
        518 14 Our waakly summary of what othar publications hava to say about lasuas of International Interest SINGAPORE "SINGAPORE'S announcement last week that it was prepared to host US military facilities in the island republic could not have come at s more inopportune time. Globally, there Is s rollback
        518 words
      • Article
        Spotting opportunities
        290 14 THE success of Singapore can be partly ascribed to its uncanny ability to aee and exploit opportunities. The latest offer by Singapore to host "a token" United States naval and air force to complement the huge American military bases at Subic and Clark in the Philippines is a
        290 words
      • Article
        Foreigners buy shares
        326 14 INDONESIA "THE speed at which the government cleared out the controversy regarding foreign equity investment through the Jakarta Stock Exchange (JSE) reflects its strong determination to further develop the country's capital market "Finance Minister J B Sumarlin stated in a special news conference held after the monthly
        326 words
      • Article
        The fall off a samurai
        323 14 THAILAND: "THE DRAMATIC resignation of Sukhumbhand Psribatra, an advisor on foreign policy and internal security affaire to Thailand's Prime Minister Chatichai Choonhavan, is a good indication of the current dynamics of Thai poiitica and the thrust towards a mors established dsmocrscy. Precisely when (ths prims
        323 words
    • Article, Illustration
      Lock icon Will Hawke's Pacific OECD idea work?
      1411 15 FT THE ASIA-PACIFIC region generates more than one-third of all world trade and for the remainder of this century is likely to be responsible for the creation of more than half of the world's economic output. Yet the region has no formal institution for
      FT  -  1,411 words
    • Article, Illustration
      Seoul in new consultative relationship with Asean
      866 15  -  South Korea's entry into a dialogue partnership with Asean will be the fulfilment of Seoul's desire for recognition as an ally of substance by South-east Asia's non-communist countries and diplomatically help it assume a position of responsibility among the world's rich nations. JOHN
      866 words
    • Article, Illustration
      Lock icon Northern Ireland: faint hopes of peace
      1049 15 NYT TWENTY YEARS after British soldiers were deployed to restore order to the riot-torn streets of Northern Ireland, deep sectarian divisions and devastating violence appear to have a stranglehold on faint hopes of peace. After major clashes between Roman Catholics and Protestants. 400 British
      NYT  -  1,049 words
  • Page 14 Advertisements
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      91 14 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 Business
      91 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      29 14 iristow: VOJ'(?e »n p\ cmirpv tnooD. rrrrxTTTCT Fecu L*sE DONG t>OpKK ny LOORDS SorneßspoJLTS -TueflEAt e>£ dou>N rue CORR»DO<? Before #IT'S A HfcP-HP*P VCeOTme v Mppp>f dpn Ji J
      29 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      98 15 FOR WHO, WHAT, WHERE AND WHEN J ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in public relations,
      98 words
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      Page 15 Advertisements Column 2
      36 15 PicnueYxir Windows with I Roller Shades Motorised Screens I Blackout Shades Vertical Blinds I Roman Blinds Bonded Shades A Shod* bmi TK* TW Bast #02-29 Singapore Shopping Centre 190, Qemenceau Avenue. 5'0923. Ta: 338-0956/453-6333 Fix: 459-4668
      36 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Japan's singles get help getting hitched
      729 16 MATCHMAKING IHT NOT SO MANY years ago in a land of rigid social structures, every good Japanese family had its own obliging nakado, a mid-dle-aged relative or neighbour who functioned as a marriage go-between for sons and daughters of the clan. And it was
      IHT  -  729 words
    • Article, Illustration
      Lock icon Not easy reminiscing about sex, drugs and rock-'n'-roll
      766 17 ROCK NYT OPRAH WINFREY wanted 50 colour slides by Federal Express. The BBC and the CBC sent camera crews. The three network morning shows wanted guests, guests, guests. The last time this many cameras were rolling in that corner of the Catskills,
      NYT  -  766 words
    • Article
      Lock icon Thousands throng Moscow 'Woodstock'
      429 17 AFP AN ESTIMATED 90,000 Soviet fans, security troops and a few Americans armed with ear-plugs* turned out as a two-day marathon hard rock festival featuring some of the West's best groups opened in Moscow last Saturday. For 10 hours a day, all through the weekend, US
      AFP  -  429 words
    • Article
      Lock icon Love, death and Garcia Marquez
      516 17 CINEMA NYT LOVE IS NEVER far from death in the six films based on stories by Gabriel Garcia Marquez. originally produced for Spanish television and gathered under the wildly understated rubric Dangerous Loves (Amores Dificiles). Though Garcia Marquez's name instantly brings to mind One Hundred
      NYT  -  516 words
  • Page 16 Advertisements
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      288 16 Where iv entertain... Where tv entertain... Where tv entertain... Where tv 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 Raffles CHy 2 Stamford Road. Singapore 0617. Westin Hotels Resorts S
      288 words
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      Page 16 Advertisements Column 2
      238 16 SENSATIONAL SIZZLING SATAY AT Cafe f T 0 f Q a V Sizzling satay, the all-time local favourite. Succulent mutton, chicken and beef skewered and grilled on an open fire, complimented by a rich peanut sauce, and accompanied with fresh bits of cucumber, pineapple and onion. Try a cool refreshing
      238 words
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      Page 16 Advertisements Column 3
      260 16 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmef price! For starters, take your pick of our cold dishes prawns on ice. fresh oysters, smoked saimon. melon and dried ham vegetable temne, mixed seafood salad, cooked assorted vegetables and homemode dressings Select your main
      260 words
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      Page 16 Advertisements Column 4
      235 16 Vietnamese Food Festival S ft ,ii, August 14-31. Plaza Hotel's Fame Room The authentic taste of i Vietnam, charming 9 handicrafts, delicious confectionery, savoury tidbits at the Fame Room Lunch Buffet Bj Adults $19++ Children Sl2++ Dinner Buffet V Adults $22++ %jS Children $14++ wP Operation Hours: T x 12-3
      235 words
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      Page 16 Advertisements Column 5
      231 16 AN EXHILARATING ALPINE EXPERIENCE AWAITS ■X Lv mmr* s us X*. -v *r» S W-T\ It's the largest Swiss buffet in town—a month-long feast of over 69 Swiss favourites, from appetizers to desserts. Savour to your heart's content, Buendner Platte (Air Dried Beef and Ham), farm fresh cheeses and breads,
      231 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      199 17 U entertain.... A m The Businessman's Lunch Is In The Park. The businessman's lunch at Huhertus Grill offers you the opportunity to dine in the relaxing ambience of a hunter 's lodge and to enjoy a sumptuous spread of appetizer*, soups, salads, fruit and desserts. Plus, there is a selection
      199 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      687 17 CRYPTIC PUZZLE ACROSS 3 See hams carved In deep space (5) 8 Given striking evidence of culpability (5) 10 Run when Joe gets let out! (3. 2) 11 It's used in cooking, as you know (3) 12 Leapt around in the (old (5) 13 Best cover? (7) 15 Stories of
      687 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1332 17 TV and RADIO Better late than never? OUR CHOICE ORDEAL BY INNOCENCE, 10.30pm, SBC 5 Donald Sutherland plays a paleonto-logist-cum-sleuth in a movie based on an Agatha Christie mystery. He gives a ride to a hitch-hiker who leaves an address book behind in the car. Two years later, he triee
      1,332 words
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  • SPORTS
    • Article, Illustration
      Lock icon Stewart comes from behind to win PGA
      376 18 GOLF AFP PAYNE STEWART posted a five-under-par 67 in Illinois on Sunday to come from behind and win the 71st PGA Championship by one shot over Mike Reid, Curtis Strange and Andy Bean. Stewart, who began the final round aix shot# off the
      AFP  -  376 words
    • Article
      Lock icon Brand triumphs at Fulford, gets spot in Ryder Cup team
      209 18 AP GORDON BRAND Jr rolled in an T 18-foot (5.4-metre) eagle putt on the final hole on Sunday to win a r- US$4BO,OOO PGA European tournament by one stroke over Derrick Cooper and clinch a spot on the European team
      AP  -  209 words
    • Article
      Lock icon Palmer proves he still has that flourish
      424 18 AP ARNOLD PALMER, the old warrior, created unexpected excitement in the 71st PGA and closed with a flare of old, determined not to finish last. He made sure of that with a 2-under-par 70 that ended with a 30-foot birdie on the 18th
      AP  -  424 words
    • Article
      Lock icon Tyson to fight Douglas in October
      208 18 BOXING AP UNDEFEATED heavyweight boxing championship Mike Tyson will fight James Douglas in October for the world heavyweight boxing title, The Columbus Dispatch reported in yesterday's editions. "We have agreed to the terms and the conditions for the fight," Douglas's manager John Johnson said
      AP  -  208 words
    • Article
      Lock icon Duran's exhibition part of sales campaign
      241 18 AP IT WAS TO BE Nunn for real and Duran for fun last night. Michael Nunn was to put the International Boxing Federation middleweight title on the line, while Roberto Duran was to go through the motions in a fourround exhibition in Reno. At
      AP  -  241 words
    • Article, Illustration
      Lock icon Mansell sweeps to victory
      508 18 MOTOR-RACING AP IN A RACE he described as one of his career's best, Nigel Mansell. driving a Ferrari, swept to victory in the Hungarian Grand Prix on Sunday. "It was one of my best, if not the best," Mansell said. It was the Briton's second win
      AP  -  508 words
    • Article
      Malik upsets fourth seed Barr in Honda-Kah Singapore Men's Open
      445 18  -  TENNIS By A SURENDREN THE HONDA-KAH Singapore Men's Open started off on its first day with a rain delay, but not before the first upeet of the tournament. Malaysia's Adam Malik, a wild card entry, eliminated fourth aeeded Shane Barr
      445 words
    • Article, Illustration
      Lock icon McEnroe nets another win
      293 18 AP JOHN McENROE captured his 75th career Grand Prix title on Sunday by winning the final 13 points to defeat Jay Berger, 6-4, 4-6, 6-4 in the finals of the US Hardcourts in Indianapolis. Berger, playing McEnroe for the first time, appeared to take command when
      AP  -  293 words
    • Article
      Lock icon Navratilova wins LA Slims
      363 18 AP TOP-SEEDED Martina Navratilova won the Virginia Slims of Los Angeles for the fifth time when she defeated No 2 Qabriela Sabatini 6-0, 6-2. In the doubles final on Sunday, the top-seeded team of Navratilova and Wendy Turnbull defeated Mary Joe Fernandez and Claudia Kohde-Kilsch. Navratilova
      AP  -  363 words
    • Article
      Lock icon Lawson back on top as Rainey crashes
      254 18 MOTOR-CYCLING AFP EDDIE LAWSON showed he will not give up his crown without a fight when he won the Swedish 500 cc Grand Prix on Sunday to take the world championship lead from fellow American Wayne Rainey. Rainey, fastest in practice, crashed two
      AFP  -  254 words
    • Article
      Lock icon Gilbert rallies to capture Swiss Army Knife Open
      369 18 AP SECOND-SEEDED Brad Gilbert rallied from a service break down in the second set and won five straight games to defaet Jason Stoitenberg of Australia 6-4, 6-4 and win the rain-plagued Swiss Army Knife Open in New Jersey on Sunday. The tournament
      AP  -  369 words
    • Article
      Lock icon Coe wins in stylish fashion
      298 18 ATHLETICS AP SEBASTIAN COE unleashed a dramatic last lap kick after stumbling over a falling opponent to win his 1,500-metre showdown on Sunday with Steve Ovett, who was in tears after the race because of a controversy over appearance fees. Coe recorded a time of
      AP  -  298 words
    • Article, Illustration
      Lock icon Aouita fails to break own record
      291 18 AP MOROCCAN ACE Said Aouita came close to breaking his own world record in the men's 1,500 metres in the Netherlands on Sunday, covering the distance in 3 minutes, 30.63 seconds. And a US relay team featuring Leroy Burell, Floyd Heard, Carl Lewis and
      AP  -  291 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Cold Storage Hldgs: willing seller or eager seller?
      617 19 imoq mm™ By HOCK LOCK SIEW COLD STORAGE HOLDINGS* shareholders can be excused for feeling that the food group has sold its 42 per cent stake in Cold Storage Malaysia (CSM) too cheaply. Against the backdrop of a robust Malaysian economy and
      By HOCK LOCK SIEW  -  617 words
    • Article
      IGB Corp venturing into medical field by bidding for Ipoh Specialist Centre
      351 19 PROPERTY-BASED IGB Corporation is interested in investing in the medical field, in the footsteps of Singapore sister company, Parkway Holdings which now owns the Gleneagles Hospital at Napier Road and Penang Medical Centre. According to a recent report
      351 words
    • Article
      Eu Yan Sang shares suspended
      247 19 EU YAN Sang Holdings Ltd (EYS) could probably be the latest company to join in the recent spate of cash calls. At its own request yesterday, EYS shares were suspended from trading on the Stock Exchange of Singapore pending an announcement which will be made
      247 words
    • Article
      Inter-Pacific raises stake in Prudential by another 20pc
      360 19  -  By ANDREA BORCH INTER-PACIFIC Industrial Group Bhd has exercised its option to buy a further 20 per cent interest, or 2 million ordinary shares, in Prudential Assurance Sdn Bhd for MsB million in cash. The consideration, arrived at on a willing buyer,
      360 words
    • Article
      Rashid Hussain to buy KL building for M$41.5m
      527 19  -  By MAGDALENE NG RASHID HUSSAIN Bhd (RHB), Singapore's and Malaysia's only listed securities firm, is the latest to jump on the property bandwagon with the proposed acquisition of Bangunan Peremba in Kuala Lumpur from the Malaysian Urban Development Authority (UDA) for M
      527 words
    • Article
      Lock icon Guinness happy with MBM merger progress
      252 19 Bernama DESPITE the delay, Guinness Malaysia Bhd is happy with the progress of its proposed merger with Malayan Breweries (Malaya) Sdn Bhd (MBM), a company official said. Guinness managing director Peter Banner said the fundamental of the proposal, which is now with the Capital
      Bernama  -  252 words
    • Article
      MBf Holdings turns around with modest interim profit
      403 19  -  By KEVIN GWEE MBf HOLDINGS Bhd has turned around, posting a modest interim profit, on the back of a significant jump in contributions from its associate companies. For the six months ended June 30, 1989, MBf made a group after-tax profit of
      403 words
    • Article
      Lock icon Hume, Marubeni in fibreboard venture
      267 19 Bernama HUME INDUSTRIES Bhd and Marubeni Corporation of Japan have set up a joint venture firm, Malaysian Fibreboard Sdn Bhd (MFSB) to produce medium density fibreboards (MDF) from rubber wood in Nilai, Negeri Sembilan. Fibreboards are used to manufacture furniture. Hume is a member of
      Bernama  -  267 words
    • SES
      • Article, Illustration
        Stocks edge up two points to a post-Crash high
        1079 20  -  -by JOSEPHINE CHAN SHARE prices gained slightly in active trading with the market closing at a post-Crash record yesterday. Brokers said prices rallied over a broad front in early trading on the back of impressive corporate results, but declined when selling
        1,079 words
      • Article
        Unit trusts
        293 20 Managers' prices for Aug 15 Royal Trust Sec Asia «T S'pore Gr Fund 0*75 0915 UOB Management llnifund 1275 1375 Dama Japan Fund (Aug III Tfcai Prime Fund (Aug 4 1 V9.448 US$12 82 IT Ajio-Poc Gr Fund 1.12 l.)7 Unibond 1045 1070 Funds (US$) Singapore Unit Trust
        293 words
      • Article
        COMPANY MEETINGS
        53 20 THE HOUR GLASS LIMITED: 10th AQM at the Mercury Room, 4th Floor, The Weatin Stamford Weatin Plaza, 2 Stamford Road, Singapore 0617, on Aug 18, Friday, at 3.30pm. KAMUNTING CORPORATION BERHAD: EGM at Penang Room, Shangri-La Hotel, No.ll. Jalan Sultan lamail, ***** Kuala Lumpur, on Aug 18, Friday,
        53 words
    • Article
      SES SHARE INFORMATION
      6135 20 Gr's Gr's 11 •9 Tel Lad Vol Day Last Q uote Dtv Dtv rid Nat M Cap High Low Cod* Company Sale orCooo) UUK nign Low Buyer C'VT P/E $mll AUG 14 SESOAQ 168 120 1 4000 Amtek Eng 200 151 -3 12 153 151 150 152
      6,135 words
    • KLSE
      • Article, Illustration
        Third straight record set
        3458 21 CONTINUED heavy speculative activity on the Kuala Lumpur Stock Exchange yeeterday lifted total turnover (excluding direct business) abova the 100 million mark to a record 103.469 million units. This is the third successive sees ion that trading volumes have set new highs. Last Thursday, turnover achieved
        3,458 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon HK market expected to stay stable this week
        682 22 Reuter HONGKONG'S main Hang Seng stocks index is expected to move in a relatively slim 50- to 100-point range this week, which could help solidify the index at a higher level near 2,600 points, according to analysts. Phillip Chan, equities research manager
        Reuter  -  682 words
      • Article
        Lock icon Taipei: Lower
        389 22 Reuter THE TAIWAN Slock Index finished lower yesterday but was off the day's lows aa a lata round of buying pushad stock prices up in savaral sectors, dealers said. The Weighted Index dropped 115.77. or 1.23 per cent, to end at 9,300.3) against last Saturday's 9,470.00 and compared
        Reuter  -  389 words
      • Article
        Lock icon Farm machinery maker considers new US hi-tech investment
        462 22 Reuter SOME AMERICAN economists are worried that the US is selling its high-tech future for Japanese capital and production know-how, but that is not stopping Silicon Valley start-ups from knocking on Kubota Ltd's door. The farm machinery maker, which has invested about
        Reuter  -  462 words
      • Article
        Lock icon Seoul: Active trading
        156 22 Reuter STOCKS yesterday closed unchanged in active trade after selling in financial and construction shsres erased gains in the manufacturing sector, brokers said. The Composite Index closed at gi4.17 on turnover of 362.2 billion won against 223.1 billion won in a half-day last Saturday. "Buying interest in
        Reuter  -  156 words
      • Article
        Lock icon Manila: Further fall
        140 22 Reuter SHARE PRICES continued to slide yesterday in a technical correction after the market showed signs of being overbought, analysts said. The Manila Stock Exchange Composits Indsx dropped 21.26 points to 1,183.26 points. The combined volume st the two bourses fell to 717.04 million shares worth 233.28
        Reuter  -  140 words
      • Article, Illustration
        Lock icon Firmer on bargain-hunting
        1328 22 Hongkong Reuter SHARE PRICES cloeed firmer on bargain-hunting yesterdsy, with attention focused on second liners which could be potential targets for privstisation. The Hang Seng Index ended 27 points higher at 2,040.39. The Hongkong Index added 17.07 to 1,742.77, with turnover totalling HK51.073 billion against HK5041.90 million
        Reuter  -  1,328 words
      • Article
        Lock icon Fourteen held in Taipei raids on investment firms
        290 22 AFP TAIWAN has begun a crackdown on unlicensed deposit-taking companies with raids on 11 firms and arrests of 14 executives, according to court officials. The action was the first based on a revised banking law passed a month ago which introduced strict
        AFP  -  290 words
      • Article
        Lock icon Woo investment from gas importers: Ghafar
        296 22 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba yesterday suggested that the Sabah Energy Corp (SEC) explores the possibility of attracting importers of its gas and hot-bri-quetted iron (HBI) to invest in the state. He made the suggestion when briefed on the operations and the
        Bernama  -  296 words
      • Article
        Lock icon New Zealand: Lower
        158 22 Reuter STOCK PRICES closed lower yesterday for the fourth successive day on a lack of buying from local institutions and from overseas but were pulled off their morning lows by a stronger Australian market Brokers said underlying sentiment still seemed bullish but most were cautious ahead of
        Reuter  -  158 words
      • Article, Illustration
        Lock icon Sharply higher
        514 22 Australia Reuter FUTURES-RELATED buying and strong investor interest in blue chip stocks led the shsremarket to a sharply higher close yesterday. The All Ordinaries Index finished 21.1 points higher at 1,712.8. a postCrash high. "Futures are at a good premium to the physical and there's been general buying
        Reuter  -  514 words
      • Article, Illustration
        Lock icon Thin trading
        507 22 Tokyo Reuter THERE WERE empty seats in Tokyo trading rooms yesterday as many market players took off for Japan's traditional summer holidays, leaving share prices to sag in thin trade. Those still in town were a bit jittery about the stronger greenback and last Friday's US price data.
        Reuter  -  507 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon KLM expects to link up with Asian carrier this year
        273 23 Reuter KLM ROYAL Dutch Airways expects to conclude a strategic alliance with an Aaian carrier later this year, according to chairman Jan de Soet. Mr de Soet, in an interview with Dutch Radio on Sunday, •aid he personally would take
        Reuter  -  273 words
      • Article
        Lock icon American depository receipts see rally
        708 23 Reuter THE RECENT Wall Street rally has investors flocking to US stocks, but American Depository Receipts of foreign companies are also gaining on heated interest in overseas mergers, stock analysts said. AORs, US securities representing shares in foreign companies, generated US$26 billion in trading volume
        Reuter  -  708 words
      • Article
        Lock icon Consolidated Gold selling 30 per cent of Gold Fields of South Africa
        292 23 Reuter MINING CONGLOMERATE Consolidated Gold Fields pic, which is being taken over by Hanson pic, is selling a 30 per cent stake in its Gold Fields of South Africa Ltd for £368 million. The purchasers are Rembrandt Group
        Reuter  -  292 words
      • Article
        Lock icon US partners agree to merge Touche and Deloitte
        176 23 Reuter AMERICAN PARTNERS of the accounting firms Deloitte Maskins and Sells and Touche Ross and Co have agreed on a merger. The combined firm will have 65,000 employees worldwide and revenue in 1989 of more than US$4 billion. Partners outside the US
        Reuter  -  176 words
      • Article
        Lock icon In Portugal, privatisation is like selling stolen goods'
        402 23 Reuter BUSINESSMEN normally greet news of company privatisations with glee, but in Portugal some are bitter about the selling-off of state-controlled concerns. "It is like selling stolen goods," said Jaime de Lacerda, a director of the Portuguese Confederation of Industry. The problem
        Reuter  -  402 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1003 23 Reuter ZURICH: Swiss shares traded lower across the board at midday yesterday. Dealers said volume waa small and trading waa fairly quiet "There is nothing spectacular, after last week's gains consolidation had to come sooner or later," one dealer said. Another trader pointed at alightty higher Intereat
        Reuter  -  1,003 words
    • Article
      S'pore now major centre for seafood processing
      437 24  -  TOTAL EXPORTS ROSE TO $293 m LAST YEAR By JOHN TAN SINGAPORE'S seafood business has entered a new stage, moving up from its traditional middleman role to a major centre for procsssing. Total exports of processed seafood soared from about $118 million in
      437 words
    • Article
      Lock icon Kuok group in hotel joint venture with Fiji
      210 24 AFP. MALAYSIAN-BASED Kuok group has struck a joint venture with the Fiji government for its third hotel development in the South Pacific island republic. Tourism Minister David Pickering said that the government had agreed to contribute the equivalent of US$6.B million towards
      AFP.  -  210 words
    • Article
      Lock icon UN to resolve occupancy of Cambodia's seat soon
      398 24 Reuter THE ISSUE of who should occupy Cambodia's seat in the UN may soon be resolved, UN officials on a fact-finding mission said in Phnom Penh yesterday. Members of the UN team said that their visit as guests of the Vietnamese-Installed Phnom
      Reuter  -  398 words
    • Article
      Lock icon KL plans to host Cambodian negotiations
      214 24 Bernama MALAYSIA will await the outcome of the international conference on Cambodia, now meeting at the official level in Paris, before making an official offer to host negotiations of the Cambodian groups in Kuala Lumpur, Malaysian Foreign Minister Oatuk Abu Hassan Omar said yesterday.
      Bernama  -  214 words
    • Article, Illustration
      Lock icon Kim cuts off all ties with Roh
      214 24 Reuter SOUTH KOREAN opposition leader Kim Oae-Jung. furious at government moves to tie him in with a spy scandal, said yesterday he was ending all cooperation with President Roh TseWoo. Celling prosecution sllegations of his complicity in the spy case a complete fabrication,
      Reuter  -  214 words
    • Article
      Lock icon Domestic demand to lead growth of M'sian economy
      477 24 Bernama THE MALAYSIAN economy's growth in 1980 and 1000 will be mainly lad by rising domestic demand, according to two researchers from a Kuala Lumpur securities firm. In a paper preeented yesterday at a seminar organised by the Research Institute of Investment
      Bernama  -  477 words
    • Article
      Lock icon KL to continue to promote palm oil
      178 24 Bernama THE Malaysian government will continue to promote the nutritional eepects of palm oil deepite the eeeurance by the American Soybean Association (ASA) that it will stop its smear campaign againet edible tropical oMs. the secretary-general of the Minietry of Primary Induetriee Tan
      Bernama  -  178 words
    • Article
      Lock icon KL planning policy to boost mining industry
      234 24 Bernama THE propossd Malaysian mineral development policy, which to being formulated, will attract more local and foreign Investment and stop the decline In the industry, Malaysian Primary Industries Minister, Detuk Seri Dr Lim Keng Yelk. said. He said the policy, expected to be
      Bernama  -  234 words
    • Article
      Lock icon Comex gold and silver
      106 24 Reuter COMEX GOLD FUTURES dipped at the opening early yeeterday in line with loeeee overseas as well aa a generally firm US dollar. Dealinge were deecribed aa thin. The December contrect bottomed at U*****.40 an ounce aa it approached eupport at the U*****.00 even money level.
      Reuter  -  106 words
    • LATE FILE
      • Article
        Lock icon 90 Viet refugees land in S'pore
        34 24 AFP THIRTY Vletnameee rsfugeas were treneferred to Singapore's shores yssterdsy from a US navy ship which had reecued them from a amall boat in the South China See.
        AFP  -  34 words
      • Article
        Lock icon Other ideologies vs Pancasila
        33 24 AFP PRESIDENT Suharto has told young Indoneeiana to atudy communism and other Ideoiogtea and compere them with Indoneeia'a atate ideology. Pencaeila. the official Antara newa agency reported yesterday. AFP
        AFP  -  33 words
      • Article
        Lock icon Japan's travel deficit'
        44 24 Asahi JAPANESE apent nearly US99 billion more while travelling abroad then foreigners spent on visits to Japan in the first half this yeer, helping to cut Jepen's huge surplus in Its international balance of payments, said Finance Minietry officiate yeeterdey. Aaahi
        Asahi  -  44 words
      • Article
        Lock icon Martial law may be lifted
        32 24 AFP THE troop preeence in Beijing wee noticeably smaller yesterday as unconfirmed reports continued that martial law would be lifted nearly three monthe after being impoeed. AFP
        AFP  -  32 words
      • Article
        Lock icon 90 Sydney flights cancelled
        33 24 AFP NINETY flights out of Sydney were cancelled yeeterday while Australia's domestic pilots threatened worse would come unleee they received a pay rlae of nearly 90 per cent AFP
        AFP  -  33 words
      • Article
        Lock icon UK July retail sales fall 0.6 pc
        46 24 AFP BRITIAN's retail sales toll by 0.6 per cent in July compared with June, while wholesale pricss rose by 0.3 per cent confirming a slowdown in the economy end a dscnsM In inflationary piesaurea, the TreaMry Department eaid yeeterday.
        AFP  -  46 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      268 19 In view of our expanding business, we are looking for a confident and dynamic individual with strongsales and marketing background and managerial ability. The successful candidate will report to the General Manager. This is a key management position which offers challenging and rewarding career opportunities to a highly motivated professional.
      268 words
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      Page 19 Advertisements Column 2
      153 19 CURRENCY INVESTMENT Wll UK I XI'UI TEL: 321 3333 FOR SALE BY TENDER YEN SAN BUILDING (No. 268 ORCHARD ROAD, SINGAPORE) A rare opportunity to own a prestigious office building within the main shopping and hotel area and central business district. The whole of Yen San building is available for
      153 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      186 22 NOTICES HUAT KIM INVESTMENT PRIVATE LIMITED (In Member*' Voluntary Liquidation) FINAL MEETING Notioe la hereby given that the Final Meeting of the members of the abovenamed company will be held at 5001 Beach Road #00-03, Golden Mile Complex, Singapore 0719 on 19 September 1989 at 10.30 a.m. for the purpoeee
      186 words
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      Page 22 Advertisements Column 2
      99 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ALLIED CONTROL ELECTRONICS (PTE) LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. SO that the Final Meeting of Members of the above-named Company will be held
      99 words
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      Page 22 Advertisements Column 3
      20 22 The Bangkok market was ck>Md y*st*rday tor the Queen of Thailand's Birthday Holiday whlla tha Bombay raport was not available.
      20 words
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      Page 23 Advertisements Column 1
      9 23 Thi oVmt reports ««t not tvtKiM# it pfiiMbvit yttitrdiy.
      9 words
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      Page 23 Advertisements Column 2
      690 23 NOtßx IS HEREBY GIVEN that, ILau Kim Guan of Block 3 #11-113 St Georges Road Singapore (1282), have anpttad for a Second Class Public House licence in respect of premises at M/s Milano Pisa at 6, Raffles Boulevard, #00-251 Marina 40 Hi 0 u mm NOTICE IS HEREBY GIVEN that,
      690 words
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      Page 23 Advertisements Column 3
      668 23 NOTICE IS HEREBY GIVEN that, I Tn Soo Beng of Block 335-A Smith Street, Singapore (0106). have applied for a Public House Second Classlicence in reepect of premises at M/s Sushi Tama Pte Ltd at 6, Raffles Boulevard #03-200, Lot No. 7 48, Marina Square, Singapore (0103) and that this
      668 words
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      Page 24 Advertisements Column 1
      148 24 DCIUpHIN OFFICE SEATING ENGINEERED LIKE NO OTHER CHAIR Superb in every detail. Technically and visually, probably the best in the world. And lasting value for your money. There's a Dauphin chair for everyone in the modern office. Different chairs for people who are waiting, typing, sitting at a computer, supervising,
      148 words
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      Page 24 Advertisements Column 2
      149 24 J LW Investments aar 2-. JP OMfc* A PRIME COMMERCIAL DEVELOPMENT I ;f: LI la:* &i m CLOSING DATE: 14th September 1989 3 PM Five-storey building on freehold site Outstanding location in Orchard area with easy access to two MRT stations and in close proximity to major Hotels and Shopping
      149 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Suit against Beijing fails
        140 25 AP THE FIRST TAIWANESE COMPANY to sue China's government has lost, with a Chinese court rejecting its claim that a Taiwanese captain was intimidated into confessing to smuggling. On March 6 near Hongkong, a Chinese patrol boat seized the 1,963-ton Taiwanese ship Kuang Ta No. 2,
        AP  -  140 words
      • Article
        New acquisitions for terminal
        118 25 NATIONAL TERMINALS AUSTRALIA has bought two damaged cranes at the Glebe Island Terminal and will repair them for use in the Port of Sydney by December this year, to overcome cargo congestion. In related moves, National Terminals has also negotiated a new 10-year lease with the
        118 words
      • Article
        Lock icon Expansion plans for Kaohsiung
        123 25 Cargoware Asia THE PORT OF KAOHSIUNG will build two more container terminals in addition to the fifth already decided on, at a cost of US$6OO million over the next few years. In line with this plan, the port administration will phase out shipbreaking at its Tajenkung
        Cargoware Asia  -  123 words
      • Article
        Thai strike hurts PAT revenue
        92 25 THE RECENT STRIKE by dockworkers at Bangkok Port is estimated to have cost the Port Authority of Thailand (PAT) about 22 million baht in lost revenue. The figure is based on the PAT's regular daily revenue of about 15 million baht, according to one source.
        92 words
    • Article
      New Delhi makes registration of ships compulsory
      166 25  -  by Ajit Agharkar THE INDIAN GOVERNMENT has made it compulsory with immediate effect for shipowners to register all new or second-hand ships acquired by them. The ships will have to be registered with the Indian Register of Shipping (IRS), the national classification society.
      166 words
    • Article
      Index to advertisers
      863 25 A West Marin* X 4 ABC Con*ain«rlin« XI 5 Accord Shpg VIII 3/4 Arrow lines XI s ANl IH 1/2 A PC line VII 5 API V 3-5 Asa V 1 Austrasia line VII 1 Bolt Conoda line IX 4/5 Bolt-Orient line IX 4/5 Baltic Orient Shpg
      863 words
    • Article
      High-tech boost for Crosswater's freight operations
      266 25 NIXDORF COMPUTER has won a $150,000 contract from Crosswater Freight Services to computerise its freight consolidation business. The system is to be introduced over a one-year period. The first phase, to be fully developed by the end of this year, is a financial accounting
      266 words
    • Article
      HK shipmanager may open branch in S'pore
      318 25  -  TANKER PACIFIC ALSO CONSIDERING JAPAN By RAHITA ELIAS HONGKONG ship management company Tanker Pacific may be setting up a branch office either in Singapore or Japan. Another Hongkong-based company, Valles Steamship, is also believed to be considering shifting some of its operations to
      318 words
    • Article
      Lock icon Japan issues warning over piracy
      309 25 AP JAPAN has cautioned ships to guard against pirates in the South China Sea after Liberian and Panamanian vessels were reported attacked this month, the Maritime Safety Agency said. Japan's Kyodo News Service reported that pirates took a total of about U556,700 from the captains
      AP  -  309 words
    • Article
      Lock icon Australia challenges Saudi rejection of live sheep
      155 25 Reuter AUSTRALIA says Saudi Arabia's rejection of consignments of more than 200,000 allegedly diseased live sheep is not supported by medical evidence. Australian Primary Industries Minister John Kerin said in Canberra yesterday that he had convened a meeting today of heads of Australia's
      Reuter  -  155 words
    • Article
      Manila dockers upset about diversion of international vessels
      299 25  -  By AL O LABITA JR TROUBLE is brewing at Manila Port over the unloading of international cargoes, specifically those from Malaysia and Japan. The controversy stems from the alleged illegal diversion of foreign ships laden with imported cargoes from the South Harbour,
      299 words
    • Article
      ICC to hold symposium on maritime joint ventures in October
      202 25 PARIS-BASED International Chamber of Commerce (ICC) is organising a symposium on maritime joint ventures in Singapore in October. Aimed at providing an update on new trends in shipping, the two-day symposium will highlight the need for cooperation rather than confrontation
      202 words
    • Article, Illustration
      Controversy over tougher Aussie Customs rules
      1219 26  -  QUESTIONS RAISED OVER IMPLICATIONS AND IMPLEMENTATION By FLORENCE CHONG THE AUSTRALIAN Customs Services has completely overhauled its regulations, a move that has made a wide-ranging impact on the freight industry. leading customs agents, sea and air freight companies say that in spite of the
      1,219 words
    • Article
      Lock icon Tanker rates
      246 26 AFP CONDITIONS LAST WEEK remained pretty similar to the previous week on the tanker market, with rates showing little change in spite of improved activity, London broker E A Gibson said last Friday. Some 47 large vessels were now available for loading this month in the Gulf, which
      AFP  -  246 words
    • Article
      Shipping events
      754 26 Aug 14-26 Manila-based Asian institute of Management (AIM) will conduct its third sea transport course for Asia's maritime managers. The course, designed for those involved in the management of shipping companies and maritime operations, will impart a comprehensive and critical managerial overview of the international merchant shipping as
      754 words
    • Article
      Lock icon Concern over life extension in tanker market
      281 26 Reuter SOME CONCERN has been ex- < pressed that the widespread J adoption of "life extension" could do the tanker business a serious disservice in the longer term, tanker broker John I Ja- 37 cobs says in its half-year review. Some argued that
      Reuter  -  281 words
    • Article
      Container schedules/Ships in port
      1856 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtainer Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate Ac* Concord 0I/V28 16 08 89 0400 ivttoo 15/2000 NA 2 Q6 00 FOS AloikoM 06/589 *****9 1530 IS/2015 15/2100 Doc to 1
      1,856 words
    • Article
      Lock icon Bridge exploiting shift in meat exports
      212 27 Seatrade Week A CONTINUING SIGNIFICANT SWING to chilled frozen varieties of Australian meat exports to Japan is behind independent carrier Bridge Line revamping its east coast Australian sailings. Vestey-Blue Star associated Bridge, with increased reefer space and a newly-chartered 650TEU ship, is now scheduling
      Seatrade Week  -  212 words
    • Article
      London Freights
      775 27 CHARTERING activity on Friday continued to centre on the US grain market and a firmer rate was again produced on the US Gulf/Japan run. brokers said. A rate equating to U5524.25 waa paid for this business, 50 cents up from previous, and its Baltic sub-index roee to $24.10
      775 words
    • Article
      SHIPPING LIST where your ships are due
      4267 34 AAMSJB Nad DaMne. ScanOulchT. Aug 15. Ever QMmy, Evergreen. Aug <5 An Ha, CMna Ooaan Shpg. Aug IS 17. MonM Roaa, Trtot. Aug 17. Japan tea. Noraala Una, Aug 18 Ever Qlowtng. Evergreen. Aug 18. Ming Longevity. Vang Ming. Aug It. B Surta.
      4,267 words
  • Page 25 Advertisements
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      23 25 AtmMabto at good bookahop* Federal Publication* For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      23 words
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      Page 25 Advertisements Column 2
      17 25 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 25 Advertisements Column 3
      289 25 "The Illustrated Encyclopedia of Wildlife" Wildlife, Fort nigh tlit at all good bookshops and news-stands fc (<%l BTP DMributora Tougher Customs laws THE AUSTRALIAN Customs Services has completely overhauled its regulations, a move that has made a wide-ranging impact on the freight industry. Leading customs agents, sea and air freight
      289 words
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      Page 27 Advertisements Column 1
      835 27 OOCL Dedicated to S«s*vk:«s JAJtDWC SHIPPING Nuau 200 Cantonmant Rgpd #12-05 SoMthpoM*. Swgppor. <B> U 221RJ11 TELEX MO RS 2*179 TERMINAL/CFS Til *****11 220 BOOKINGS T«l *****34 235 KSAXA JARDINE SHIPPINC AfiEMCIES PORT KELANC TEL 35R4111 Ttin •SJJWM77MAWOI PENAM TEL (***** TELEX MO MA***** CFS TEL *****S P6UDAN6 TEL *****2/3
      835 words
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      Page 27 Advertisements Column 2
      734 27 MAERSK LINE aaauooaeaiiaßEiyi 1 i li 1 Hrn." i- w r^mmm l iTal l H 7* M IM 1M IV* M Hi® 1M IM IM IM 3M 2M torn torn mm ttm mm mm um mm m m m m mo «m w SM MO «M mo 7flo WHO 11/10
      734 words
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      498 28 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT 7T» m LE HAVRE IV* P. KELANG SOUTHAMPTON HAMBUHG LARGS BAY CITY OF EWN0URGH LONDON EXPRESS BONN EXPRESS CAROKJAN BAY ALSO ACCEPTIP < TO; AU UK INLAW DESTINATIONS, IELFAST. DUBLIN, COPENHAGEN, AANHUS, QOTHENBUP, MAiMO, HELSINKI, AMSTERDAM, CARIBBEAN 1 ANOKA CONTAINER SERVICE FROM UK/CONTINENT VOY NO
      498 words
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      Page 28 Advertisements Column 2
      280 28 COLUMBUS LINE REEOEREI GMBH V I ft SIHVIC( D» HAMIIUHO SUPl SEMI CONTAINER SERVICE T O rPOM mWA'OMI MM NUU. (UX) »17/M ZUM 2SM flu uiu uln aORATRARK VIS (ASIA-SOUTH WACtnC JOMT SERVICE) IS RMJGNR m U VjF tat Irafey. In. IM M MR VUS tat kmfey. Laa, Rafeaal. Accopting
      280 words
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      Page 28 Advertisements Column 3
      499 28 L S2 REGULAR r:T»T^ TO EU JAPAN SEA tQW NOtASIA SUN KM NOtASIA PEAtL WBS-3 NOtASIA PRINCESS *24-3 AIm carp to all UX (VIA nxoo) PEN PKL SIN FIX S3 K (Aahmt, CapMi WE NOT ANT 155 W I Is TO MEOITERRANEAN/REO SEA PEN PKL SIN PM ALfi/BCL AIX* P.
      499 words
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      Page 29 Advertisements Column 1
      616 29 Steamers Maritime Holdings Ltd J p&o Containers CONTAINER SERVICE TO UK CONTINENT rpan PJQa* S"toa m u$ u» u* mm uo AonpMng Cargo Fori CONTAINERSHiP SERVICE FROM UK CONTINENT; STRAITS SHIPPING KOTA MAMAR KfiASUS PIONEER ft CASUS PROGRESS KM lA* na^i A* na«« lA* MA* I S-I7 A* BANGKOK BORNEO
      616 words
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      Page 29 Advertisements Column 2
      706 29 Ta.CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE n mi SiiLL*! l m QUEENSWAY MIOCE FMG Q FI OTA MERCANTE (,HAN( Ol OMRiANA SA (NATIONAI I INF OF COIUMHIAI To Buenaventura/Barranquilla/Santa Marta/C*rt*ena/ Cristobal/Santo Domingo/Port Au Prince Pto Qurtzal/Acajutla/San loraiuo/Connto/Pto Cafctefa C A VN OMf'ANI A ANPNIM
      706 words
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      Page 29 Advertisements Column 3
      269 29 Hai Sun Hup Co (Ptc) Ilt<{ Rt- \S! STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! VESSEL COSMC SEKI SEN TRADER MATSUYAMA KOCHI VOY. NO. 1(M Call) 79 74 rpm 1W P. Koiang Kong KOGGEGRACHT A SenboJuj 2S/I for DfechargJ* (Mr NOTE: ALSO CALUNG OTHER JAPANESE PORTS, HONGKONG, TAIWAN
      269 words
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      Page 30 Advertisements Column 1
      679 30 13, SINOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN EHSAN Ml (H IRAN NEEAOPJL twit ETA 17 AUG I 25 AUG I KYOWA LINE MTHOOUCMQ KYOWA FAST DIRECT B/SULK/CONTAMCR SERVICE FROM STORE/PK TO QUAM/SA»AN AND MICRONESIA FORTS* ETA SPORE LOAD FOR: VARW.E VI ETA»AUG
      679 words
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      Page 30 Advertisements Column 2
      422 30 (ft HAN JIN SHIPPING FULL CONTAINER SERVICE VIA SUEZ TO FAR EAST PORTS Quail's SAT MIKE CNOTAM PAM «K HANJIN OAKLAND «X CMOTANC SUCCESS Wl 2*l 31* wi 11/1 Ufl IV> TO USA PACIFIC SOUTH WEST tfo; J TO PACIFIC NORTH WEST CANADA t i* vn an m an vn
      422 words
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      Page 30 Advertisements Column 3
      140 30 PT. PELAYARAN MUTIARA SAMUDRA AGUNG KUALA SIAK II 17* DIWAI/PERAWANC KUALA SIAK IV 21/1 BATAIj SAMUKRA 102 22* PtRAWANG/P. BARU 5 vessels (weekly) to PERAWANG/PfcKAN BARU/DUMAI 3 vessels (weekly) to BATA* A SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We specialise in project heavylift cargo. Owners operators
      140 words
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      Page 30 Advertisements Column 4
      527 30 A EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) MKT MX TTO B !S B ss ss V MUM, Ui 4) HMTKM.I "tT Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) sssssasgssasaass JtD *t FU M EVER GLEAMY In Pt MM MM gm ever clow)pic m 5 Ul SS EVER GLEEFUL MM 17/5 ISM ever goods mm
      527 words
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      622 31 CONTAINER SERVICES VOY SIM jkt CONVENTIONAL/SEMI-CONTAINER SERVICES AND WEST AFRICA KOTA FAJAR KOTA BAKTI KOTA SEJATI KOTA PUBAKA Mombasa, D'Salaam, Moj»dMclo, Durban, Mombasa, D'Salaam, Mo< KOTA RATNA KOTA BALAM HONGKONG MNGAPOME 064 M 11-1 M »1M IMW 11 >12/1 17-22/* LOADMG FOR: KARACHI, DUBAI, DAMMAM KARACHI, DUBAI, DAMMAM KARACHI, DUBAI,
      622 words
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      Page 31 Advertisements Column 2
      373 31 BEN USE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT rwt MUM (TOR MM rMAVU KOMI m un yi m wi m u* UN m w m UK I*l T#* |n/i |ma mm mm vm mm EXPRESS CONTAINER SERVICE FROM UK/CONTINENT r >*■ itwi f Mum rras rot tmtm (jprai MbM hWkU-
      373 words
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      Page 31 Advertisements Column 3
      342 31 I 'AWM I J VIL/VOV STORE ANTWERP —mm u mmtanqwi am art V PANJANQZJM WINIJAT hfijm nan 2M vi% (ACCEPTM6 CONVENTIONAL AND CONTAINERISED CAMO) lIMQ 11/ M IVM (AccmiM conventional and COMT/UMUIKO CAMO) a-a/i ani sm (ACCEPTING COWVtNTtONAi. AM CONTAINERISED CAMO) *ort SatdjPwl Alaiandrta. O«no«, Trtoal*. ALSO AOIKnNC BOTH CONTArtKRS.
      342 words
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      Page 31 Advertisements Column 4
      322 31 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNB (Burmese National Line) Loading for Rangoon S port P.Kateng Pwui* Ban# u/MA3 viukm nm** *ns ami THE BANK LINE •W-CONTAINER SERVICE NORTHBOUND TO UKC SPOKE ROAM CLYDEBANK V2SN 21/1 1M TAMAITAI SAMOA VUN 20/9 17AO FORTH BANK V2SN 13/10 ill aja al Wl
      322 words
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      711 32 mm m Kline KAWASAKI KI Si N K \ISH VIII W v -V ''i *Y OKI FRIENDSHIP NEPTUNE JADE ooa fortune AMBASSADOR BRIDGE OOa FRIENDSHIP NEPTUNE JADE OOa FORTUNE AMBASSADOR BRIDGE •MRFOKR VOY LB 14 1/7 15 15/7 IS op 23 29/7 TTTTrarvrr •PK/PNG INOI 1W am 2M 27/1 2/>
      711 words
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      Page 32 Advertisements Column 2
      467 32 EXPRESS CONTAINER SERVICE Accip»i| FCUFCL Con—tow Nate Vtf Hmtm •> fmtm 19m aim uA* is* 2 ttmi toct as* ata*i M Oct LI Od II Od a Mm IS Hw IS Hh MM U Aft I INDIA EXPRESS CONTAINER SERVICE AcMpMng FCUFCL Containers SaiMn MM« Lm*« fcr MS* US« Übn
      467 words
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      Page 32 Advertisements Column 3
      321 32 STV/ffra/rttSIAN GULF SCI OOUXB IS*W Clll«*li*OTcM*fc aoaxji km ciiiinti^OTcNw**' OMHA UtVKt MI nwawnniiiiffi m ■HMMHMP GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 71 Tttok Aft* Slrwt UNCAKMf MM T(l UUW (II LINCS) f». UUSM GULF SarVtCL rmn f. Mm .utrtcMXM MP Aapnl *-P* CHINA OCEAN SHIPPING I THE PEOPLE S
      321 words
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      Page 32 Advertisements Column 4
      408 32 Eur/FM an m. m EMT/WETT »WI Ml. Fa a La a* it rat ia iw I I I ■ma/ ■wr l N. PtINCf S'HAI I NTW.Y x'w war stou mar m'kou war I SPAIN DESTINATIONS abbca Fa i lft awg [CAKKMM, MKT UMm FOR FNOUIRIES S -,-13 I TIMBER A
      408 words
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      851 33 Aftnts S port NEPTUNE AGENCES Pit. LTD taMrt Mum Muap land/ Jmw FIEUAUST Emmm rt EUAUST TfyttA Outeard *****22 DW7 Z7IS7S3 *****42 2717M4 2710U9 *****11 27WU *****4® <CR NO. **********0K) is NEPIME SON BND KUmhut NMM *****33 &2<xns NEPTUNE ORIENT LINES LTD &***** mc*c ami 23wi 62/G&1 *****2 IE X
      851 words
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      Page 33 Advertisements Column 2
      640 33 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Linee) Terminal C Cable Address SINSOV SINGAPORE Telex Numbers RS 213» RS ***** RS ***** Mm nn ftfit mssasnaj thongshippingl27nmism, i*»mm, uri handling systhi com me CaMac JAYAPOH PEHAIM, Tat C29i4«22» Tata: MA «W.
      640 words
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      295 34 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 (34 Urns) FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAO r i i-i INTEGRATED CONTAINER SERVICE MBHOI OF EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE OUTBOUND □EXIDKIDDnC I M i, l 1 1., T 11 1 I,
      295 words
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      Page 34 Advertisements Column 2
      450 34 Itn. REGIONiL CONUINE c LINES r i^T7l PORTS BANGKOK 4 SAILINGS A WEEK Co Ltd BKK (Tefc cWiriSTiW A WEEK l.'.'.Mm ErjM l 'lir*-. 11 I P.KELANG 3 SAILINGS A WEEK MSWANI Sdn BM Pkl (Tel: *****59) PEKANG 2 SAILINGS A WEEK Ijj-VIITT 1 'H. 'IU V I rm m
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  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      171 34 K Regional Weather 0, m Si I 52 ft 4 g r d 2K ki l Si •c jA a Wmd direction with speed m knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. August 15, ItM LEGINO R Temperature •<, A\ X Weather —X Wmd direction with speed m
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      539 35 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 D IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S POKE LOADING FOR 17/1 Irm/Japin THROUGH B/Lt to BAGHDAD UPON REQUEST ACCENTING CONTAINERS UPTO AOABA I BAC reefer space available uptoaqaba REEFER Sf ACt AVMIAOU
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      Page 35 Advertisements Column 2
      286 35 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL *****33 (10 I.new) FAX ***** 15 TELEX RS ***** RISMIP (3 Lmesl ACCEPTING FCL AND CONVENTIONAL PENffWO ETA LOAOMQFOM NETBANET 2M OANCMALAAM. MOMBASA DJIBOUTI vov rnn assab. massawa hoocoah MV McSer MMO OAMCMALAAM. MOMBASA. DJIBOUTI VOV 17WB ASSAB MASBAWA HOOCOAH Other ports along
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      Page 35 Advertisements Column 3
      701 35 SIGMA EXPRESS (S) PTE LTD ly TEL: *****44 FAX: *****75 /A It/S A 21/8 It/t A 20/t IMI2M 21/t A 2t/t 20/1 27/• 1M A 21/t It/t A 2t/t It/t A 22/t 23/8 A t/t 21/1 A M 21/t A 28/t 17/t A 24/t 2278 A M It/t A 2t/t
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      Page 35 Advertisements Column 4
      146 35 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE VIETNAM SERVICES ALL LCUFCL ACCEPTABLE FOR COMPETITIVE LCL RATE CONTACT ANWAR/JEY/ CONTACT POISONS :MR ROBERT OH/ ANWAR TELEX/FAX NOS Hamburg West Germany Tiger INDEPENDANT COMMON CARRIER SERVICE SINGAPORE MADRAS SHUTTLE SINGAPORE CALCUTTA SHUTTLE MV TIGER BAY, MV SUSAK MV CALABAR Afenfe
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      Page 35 Advertisements Column 5
      126 35 RtbULAH cXPHfcbb rLL a ILL otnviLC DESTINATION BANGKOK KMT KELANG (IFCL ONLY) KEELUNG, KAOHSIUNG MANILA JAKARTA (FCL ONLY) TOKYO. KOBE, SUSAN (FCL ONLY) KARACHI, BOMBAY, ETA SINGAPORE NONA PACIFIC HYA BHUN SRI BHUM rn an m, SM, u/» U*. 25* 1A v» man COLOMBO (FCL ONLY) FARGO SHIPPING CO (P)
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      890 36 il A L MERCHANT MARINE CO., LTD. EASTBOUND TO USA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE TO PSW HYUMOAJ CMALIiMER HYUNDAI INNOVATOR NYUNOAJ DW.OHU HYUNDAI COMIANDCIt HYUNDAI MOWER SIN HK6 LIN OAK SEA Vi 1W MK UP UP zee am am up nm am 2sc op az/n zsp up m/u HE
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      Page 36 Advertisements Column 2
      529 36 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANC PENANG BANGKOK HONG KONC CMMtA KAOMSIUNG KEELUNG 1M 2SN MANILA 1M 2SN BUSAN IVI A 1M TOKYO 17* t IBH KOBE 174 A JO/1 NAGOYA 2BN A 271 i YOKOHAMA M
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      Page 36 Advertisements Column 3
      421 36 [QTr MitsotO.S.K. Lines. Ltd X EXPORTS TO PSW CONNECTING AT TO DOUBLE STACK TRA.NS ETA Tr"T7~T7"77 i[T UK] C3C3E3E3[a[J|[aEZV □i f." -j rmp mrjrjLJuucjcjcj OUR NEW USA SERVICE CALLS SINGAPORE DIRECT EVERY MONDAY irr-n p 3 P3r3[TiL;iLjnmm EXPORTS TO OTHER USA/ CANADA CONNECTING AT TO PNW CANADA EAST COAST I
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