The Business Times, 30 August 1989

Microfilm: NL16694
Total Pages: 37
1 37 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, AUGUST 30, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    224 1 Dow down US BLUE chips were lower in early trading but the broader market showed advances just leading declines. The Dow industrials were off four points at 2,739. Footsie down LONDON share prices were lower at midday yesterday as technical pressures in a thin market countered support
    224 words
  • Article
    Lock icon US growth up a healthy 2.7pc in last quater
    259 1 Reuter THE US ECONOMY grew by a healthy 2.7 per cent between April and June, after adjusting for inflation, which was a full percentage point higher than the estimate made a month ago. Higher spending by consumers and the government accounted
    Reuter  -  259 words
  • Article
    Mitsui Bank, Taiyo Kobe Bank to merge
    564 1 MERGER WILL CREATE SECOND LARGEST BANK IN THE WORLD MITSUI BANK and Taiyo Kobe Bank have agreed to merge next April to create the second largest bank in the world, officials of the two Japanese banks announced yesterday. Japanese analysts say this is
    564 words
  • Article, Illustration
    S'pore companies invest $3b abroad every year
    315 1 SINGAPORE BUSINESS SINGAPORE companies invest up to $3 billion abroad yearly, says the latest issue of Singapore Business. A good chunk of the money is sunk in plants and property across the Causeway, according to the magazine in an 18-page package on local
    315 words
  • Article
    Lock icon Seoul curbs land ownership
    80 1 Bernama-Yonhap THE SOUTH KOREAN government in the latest of a series of actions to rectify an imbalance in land ownership, yesterday said it would bar enterprises from owning excessive amounts of land. The action, expected to take effect this year, also bans more than 600 affiliates
    Bernama-Yonhap  -  80 words
  • Article
    Lock icon Chius face new charges
    103 1 Reuter FORMER FAR EAST Bank chairman Deacon Chiu will face 14 new fraud and false information charges when he next appears in a Hongkong court a court heard on Tuesday. His son David, a former director of the bank, will face four new charges. Both appeared
    Reuter  -  103 words
  • Article
    More Hongkongers now consider it desirable to resettle in Singapore
    486 1  -  LISTED FOURTH AFTER CANADA, THE US AND AUSTRALIA By FOO CHOY PENG HONGKONGERS thinking of leaving the colony have listed Singapore as one of the countries they would most prefer to resettle in. In an opinion poll carried out by
    486 words
  • Article, Illustration
    Kian Choon files suit to block sale of Octagon to Amcol
    537 1  -  By WILLIAM CHIA AMCOL HOLDINGS Ltd's plan to buy the Octagon Building for $131 million has hit a serious legal snag. Kian Choon Investments (Re) Ltd, the former mortgagor and developer of the property, filed a writ of summon
    537 words
  • Article
    Lock icon Another MCA member of parliament giving up seat
    171 1 Bernama, AFP A MEMBER of Parliament belonging to the Malayaian Chinese Association announced yesterday that he was giving up his seat. Among the reasons he cited was unhappiness with the MCA leadership. Chew Kam Hoy, 39, a firstterm MP for Padang Serai
    Bernama,; AFP  -  171 words
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      Page 1 Advertisements Column 1
      111 1 {>"<,.>>:+}@+)}<*.*(&%:*&|'{{-% IBS Share Margin Financing Scheme The key to increasing your nvestmem pocenuaL Increase your Investing power with IBS. High Margin Financing. For every dollar's worth of collateral pledged, you can purchase up to $2.50 worth of shares. Wide Selection of Stocks. You can trade on a wide selection of
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      Page 1 Advertisements Column 2
      234 1 Tai of more Joponooo bank morgors, Bock Pogo (SGmßGraa COMPANY NEWS Editorial Comment 14 The business of being young Petrochemical industry 14 Manufacturing's star performer The Chinese economy 15 Growth bogged down by inflation The NUS 2 Projects show research ability Tourism 3 The cost of holidaying in S pore
      234 words
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      Page 1 Advertisements Column 3
      155 1 f\ Ctbfay Of £*aUt**a WHY YOU WOULD ENJOY THE PLAZA SERVICE APARTMENTS. ?{•s i Lk J p ■fe we**' Jk a HM V At the most attractive rates in town, The Plaza Service Apartments offer you all the comforts of home, plus the luxury of a fine hotel, plus: ideal
      155 words
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  • HOME NEWS
    • Article, Illustration
      'Joint projects show research ability'
      478 2  -  By ANNA TEO THE GROWING number of joint projects between industry and university attests to the research capability at the National University of Singapore, said its vice-chancellor Professor Lim Pin yesterday. Speaking yesterday at the first of 12 convocation ceremonies to be held this week
      478 words
    • Article, Illustration
      Maestro of outstanding talent, energy
      350 2 CHOO HOEY thought it was someone's idea of a joke when he received, on April Fool's Day nearly 30 years ago, a lyrical sonnet singing his praises shortly after he had made his debut at London's Royal Festival Hall. The young conductor then traced the
      350 words
    • Article
      The phoenix that always rises
      327 2 THE PHOENIX that always rises from the ashes; a boxer who hung up his gloves while still champion these are the imageries formed of General Prem Tinsulanonda, Thailand's Elder Statesman and recipient of Doctor of Laws from the National University of Singapore yesterday. A career
      327 words
    • Article
      Language Elective Programme may be extended
      257 2 THE Education Ministry's Language Elective Programme (LEP) to produce more Singaporeans proficient in two languages. Chinese as well as English, may be extended to cover the Malay and the Tamil languages as well if sufficient interest is shown. Dr Seet Ai Mee, Minister of
      257 words
    • Article
      Induction plan for productivity activists
      141 2 A PROGRAMME to encour- age mass participation by 1 1991 in the National Productivity Board's (NPB) Productivity Movement was launched yesterday by Mr Charles Chong, MP for Sembawang GRC. Named the Induction Programme for Key Productivity Activists, it is the first in a series of
      141 words
    • Article
      Good response to 'What's My Line'
      137 3 RESPONSE to The Straits Times' second "What's My Line" contest, to promote the newspaper's recently-introduced Manufacturing Appointments advertising pages, has been overwhelming. An overwhelming 6,118 entries were received for the second contest, or almost 50 per cent more than the previous week's 3,883 entries.
      137 words
    • Article
      Asean economists to meet
      96 3 MANILA will host the 14th Federation of Asean Economic Associations annual conference this year. The theme of the three-day meeting of economists will be "Economic Policy Reforms in Asean: Performance and Prospects". The topics for discussion during the meeting, scheduled for Nov 16 to Nov 18.
      96 words
    • Article
      Holidaying in Singapore won't cost you a bomb
      559 3  -  Prices in Republic most competitive in Asia-Pacific By SUZANNE SOH SINGAPORE offers the most competitively priced holiday for two in the Asia-Pacific, according to a survey by Business International. The daily cost for a holidaying couple in Singapore is less than US$23O.
      559 words
    • Article
      SIA, Air Canada in tie-up to promote Canada-SEA traffic
      328 3 SINGAPORE Airlines and Air Canada are to join hands in promoting passenger and cargo traffic between Canada and South-east Asia. With this. Singapore's role as the regional hub for traffic between North America and South-east Asia is enhanced. Four months ago.
      328 words
    • Article
      Role of high-tech farming in Singapore
      125 3 HIGH-TECH (arming and its significance to Singapore's ability to meet its food needs will be explained at an Agrotechnology Fair 89 starting on Friday. Organised by the Chua Chu Kang Citizen s Consultative Committee with the support of the Primary Production Department (PPD), the
      125 words
    • Article
      S'pore, Mali establish ties
      39 3 THE Republic of Mali in West Africa and Singapore have established diplomatic ties at ambassadorial level to "strengthen and develop friendly relations between them", according to a statement by the Ministry of Foreign Affairs yesterday.
      39 words
    • Article
      Labour Ministry awards $8.96m HQ contract to Hiap Hoe
      160 3 THE LABOUR Ministry has awarded a $8.96 million tender for renovation of its new Havelock Road headquarters, a project which is expected to be completed by the middle of next year. A Labour Ministry statement yesterday said the tender, called in
      160 words
    • Article
      'Consultancies should help to implement ideas'
      308 3 CONSULTANCY services should go a step beyond recommendations by helping companies to implement their suggestions. This was emphasised by Mr Choo Wee Khiang, the MP for Marine Parade group representation constituency, in a talk at the Business Conference *89. He said: "This hand-holding exercise
      308 words
    • Article
      Crucial exercise is to find the best brains, Sidek says of new immigration rules
      155 3 THE recent liberalisation of immigration laws aimed at attracting foreign brainpower must be seen as the government exercising its responsibility, and political will, to directly address uncomfortable socio-economic realities, said Senior Parliamentary Secretary (Education) Sidek Saniff
      155 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      430 2 YOU'VE HEARD THE NAME. NOW SEE THE COMPUTERS HYUNDAI COMPUTERS PRACTICAL A RELIABLE AFFORDABLE Hyundai, a world renown name for the highest degree of value and In S economy, now unveils a new generation of practical, reliable and affordable support computers for the first time in Singapore. A complete range
      430 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      65 3 y/i.-AV ...w^ JLW Investments rrrTTTfT COMMERCIAL PROPERTY INVESTMENT JLW New Zealand personnel will be available to discuaa commercial property investment opportunities in the week beginning 4 September. OPPORTUNITIES INCLUDE: kvariable at leas than construction cost. Good funding packages available CONTACT: Mr Lee Hon Kiun or Secretary to arrange an appointment
      65 words
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      Page 3 Advertisements Column 2
      78 3 H P R uftha Jiaa Cargo V* m V>, r. *Z» PV r» SB*-. i.saHS j«r s tfjCaca Every Monday, Tuesday, Friday and Saturday Lufthansa takes shipments from Singapore to Frankfurt and on to over 160 other worldwide destinations. Count on us for fast, professional and economical import/export service. Lufthansa
      78 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      110 3 wm Global tomporaturos on Aug 2S w>, 1 I I 6f. ro 17/12 Cloar 35/22 Cloar 16/09 Cloudy 40/31 Qoar 33/25 Cloar unav 31/22 Cloudy 36/77 Cloar 29/18 Cloudy 16/08 Cloudy OUTLOOK: Expact ShOW#r9 OV#f ItVfftl 1 U). I IfvM ri iii mgniin^. Roporf for 24 hour* prior to 7.30pm
      110 words
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  • FOREIGN NEWS
    • Article
      Lock icon Trade deficit falls to US$28b
      640 4 US second quarter showing the best in four years AP THE US foreign trade deficit narrowed to U5527.7 billion from April through June, the best showing in more than four years, as a record level of exports overcame a surge in the nation's foreign oil
      AP  -  640 words
    • Article
      Lock icon S African economy cooling, says central bank
      270 4 AFP SOUTH AFRICA'S Reserve (central) Bank said in its annual report released in Pretoria on Monday that conditions existed for constructive cooling of the economy. This "soft landing" means monetary and fiscal curbs will have slowed economic activity while allowing scope for moderate
      AFP  -  270 words
    • Article
      Lock icon US firms account for bulk of pullout from S Africa
      139 4 Reuter A TOTAL of 277 foreign companies have pulled out of South Africa since 1984, more than half of them from the US, according to a United Nations report released on Monday. "United States companiea are more receptive to calls
      Reuter  -  139 words
    • Article
      Lock icon Bush threatens Seoul with curbs over drift-net pact
      261 4 AFP PRESIDENT Qeorge Bush on Monday cited South Korea for failing to sign an agreement on controlling drift-net fishing in the North Pacific and threatened to ban imports of Korean fish products if no accord were reached within 30 days. "It is
      AFP  -  261 words
    • Article, Illustration
      Lock icon As long as the days are sunny
      61 4 AP JAMES WORDEN, a 22-year-old entrepreneur and graduate off the Massachusetts Institute off Technology, Is seen here driving his solar-electric commuter car through the streets off Cambridge, Massachusetts, earlier this month. Mr Worden designed the 775 kg car which he has been using
      AP  -  61 words
    • Article
      Lock icon Slower growth seen for world economy
      180 4 Reuter THE world economy will achieve real economic growth (or the eighth straight year in 1990, but the pace of expansion will be much slower than it has been tor the past two years, according to the Bank of America. World growth is expected
      Reuter  -  180 words
    • Article
      Lock icon Fear of all-out N-war within two decades
      209 4 AP FIFTY YEARS after World War II erupted, half of all US residents believe global war will consume the world again one day, a Media General-Associated Press poll has found. A majority of those who expect another world war believe it will happen
      AP  -  209 words
    • Article
      Lock icon Soviet defence industry to help beat shortages
      333 4 Reuter THE Soviet military industry is to increase its role in the consumer economy to combat shortages and low quality goods, according to a senior defence industry official in Moscow. In an interview published on Monday in the Communist Party daily Pravda, Igor
      Reuter  -  333 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      742 4 ARRIVALS Operator Sorvtco Local From number rtmo MAS MH641 1230 KCH GU GA895 1235 AMS/FRA/AUH SAB SN283 1250 MU/tOM/IKK su SQ001 1250 SFO/HNL/HKG CAL a 342 1300 LUX/DXB SIA SQ107 1305 KUL SU SQ153 1315 CGK su SO 109 1405 KUL su SQ181 1410 BMW THA TG405
      742 words
    • Article
      Lock icon Cory losing her popularity, says political analyst
      327 5 AFP THE POPULAR appeal of President Corazon Aquino is fading fast and her approval rating may plummet further unless she takes drastic action, a political trend analyst said in Manila yesterday. Mrs Aquino's popularity, dubbed "Cory magic", was credited with helping her quash
      AFP  -  327 words
    • Article
      Lock icon Cabinet staff criticised for holding extra posts
      225 5 AFP PHILIPPINE Cabinet members came under fire yesterday for holding multiple official jobs with extra pay while lowly government workers have to settle for substandard wages. Manila newspapers frontpaged pictures of Cabinet members and Hated their directorships in state-run corporations along with the
      AFP  -  225 words
    • Article
      Lock icon Hanoi hopes for influx of foreign capital
      360 5 Reuter HANOI is hoping the withdrawal of the last of its troops from Cambodia next month will unleash a tide of foreign aid and investment in Vietnam. Foreign businessmen are positioning themselves to exploit the opportunities an eventual Cambodian settlement could bring. According
      Reuter  -  360 words
    • Article
      Lock icon Delegates fear fighting will resume if Cambodia talks fail
      318 5 Agencies AS THE CURTAIN rings down on the Cambodian peace talks in Paris with no solution in sight, delegates fear the country's factions will return to the battlefield, amid warnings that the negotiations have failed. Ministers from 13 countries held meetings
      Agencies  -  318 words
    • Article
      Lock icon Deforestation threatening Indonesia's economy
      451 5 ONE MILLION HECTARES DESTROYED A YEAR. SAYS WORLD BANK Reuter THE DESTRUCTION of Indonesia's huge tropical forests, valued by environmentalists as the lungs of the world, is putting the country's economy at risk, the World Bank said. In a 200-page confidential report on the environment, the
      Reuter  -  451 words
    • Article
      Lock icon US, Indonesia to discuss S'pore's offer to host military facilities
      291 5 Bernama SINGAPORE's offer to hoet some US military facilities is one of the key issues being discussed at the annual Indonesia-United States conference in Bali, reports in Jakarta said yesterday. The four-day closed-door conference, which began on Monday, is part
      Bernama  -  291 words
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      Page 4 Advertisements Column 1
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      76 words
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      Page 4 Advertisements Column 2
      7 4 Anniversary stirs msmorlss ol WWII, PAGE 10
      7 words
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      Page 4 Advertisements Column 3
      165 4 BOSTON Gill your trruti tgent or Atr CmvL t 732 *555. A Breath Of Fresh air The husoes penoo'i choice wry Tuesday, Thuraky, Saturday and Suafay. Lea*** Qaqp t Airport a 22.05 noun wd arrmn« a Lspn 1 Intenatiocia) Airpon the faflawm| arjr. Air Canada OLYMPUS IZ3H MKBOCASSCTTE-RECOROO? The new
      165 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      110 5 ,:4>M m m^m •■y MM 3 -S At TheWfestin Plaza, Singapore we only employ Have you ironed out that problem with the suit? Valet Yes Sir." Did that fax go off last night? Execuiwe Centre: "Yes Ma 'am" Is the conference room set up for tomorrow's meeting? Convention Services: 'Us
      110 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      44 5 ITS NOT ABOUT RI6HT! MON&, MARJLOJ. THATurne theysgneva OPPORTUNIN6... PRBNUPTIAL AGREEMENT. BY GARRY TRUDEAU I PONT CARE! THE ujoman OROKEUP A 25-YEAR MARRIAGE! HePONT KNOUTHAJ, MARJLOU. she might NOTHAVE BGEN INVOLVED! HDUiAPB JUSTHNE. THEHPS ONE OF THEM TAKING USED TO IT* IMB HER. k
      44 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Need for Taiwan to remove curbs on interbank market
      258 6 Reuter TAIWAN'S new US dollar interbank market will not be able to compete with Hongkong or Singapore unless government restrictions are removed, bankers say. They say the market cannot become active until curbs on the flow of foreign exchange are lifted
      Reuter  -  258 words
    • Article
      Lock icon Simex
      535 6 Reuter ■EURODOLLAR futures closed mostly lower on position adjustment in quiet trading. r Dealers said the market lacked fresh factors and Km expected revision to 2.5 per cent growth in US pecond quarter GNP, due at 1230 GMT, against an Burlier reported 1.7 per cent rise was unlikely to
      Reuter  -  535 words
    • Article
      Forex markets
      1583 6 SINGAPORE: THE US dollar closed lower against most currencies yesterday, ahead of the release of the revised US second quarter QNP data. The data, which was expected to be revised from a 1.7 per cent to 2.5 per cent growth, is said to have been discounted by the
      1,583 words
    • Article
      Money markets
      59 6 THE overnight rate on the Singapore money market cloaed 1/16 point higher at 5-1/8 per cent yesterday. Term rates were all 1/16 point lower. S$ Interbank rates at the dot* yesterday: omi mo OomntgM 5 1/* i 1-MoMh 3 3/16 5 1/16 2-4M*h 3 3/16 3 1/1* 3
      59 words
    • Article
      Government securities market
      116 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity WD OFFW WGH LOW 3 BQ*****W 23.11.89 4.37 4.32 4.34 4.28 6 mcwittn BS*****V 18.01.90 4.28 4.23 4.33 4.25 1 y*or BY*****F 24.05.90 4.37 4.32 4.43 4.33 Government notes and bondi 1 Period issue Maturity Coupon Yesterday's dosing
      116 words
    • Article, Illustration
      World interest rates
      178 6 •m prtaM l>wdtog*iS>L of 12 ma|or banks In B'por* Interbank market rates (offer/bid) on Aug 29 US$ DM SWFC Y«n 7 4oyt 1/1* 19/14 14 1/14 13 IS/14 7-47/1 7 7/14 S/14 s i/] s 3/a 1 1/14 IS/14 13 IS/14 13/14 7 1/14 4 IS/14 7
      178 words
    • Article
      Options
      897 6 CURRENCY FUTURES OPTIONS Tuasday, August 29, 1989 DEUTSCHEMAftK (SMEX) 1 Mftl to* MM La* Sa« •M MM 88 pM8 M S3 "V 10S S3 194 54 290 JAPANESE YEN (SMEX) UM !j 1 SM > M pan mgn 71 21 M0« Lda 72 241 73 336 75 535 CURRENCY
      897 words
    • Article
      Asian dollar market
      244 6 ASIAN dollar deposit rates ended steady on their opening levels after quiet trade yesterday. Term rates were steady to slightly higher at the outset. One month closed at 9-1/16 8-15/16 per cent, three months 9 6-7/8 per cent and six months 8-15/16 8-13/16 per cent Short-dates finished
      244 words
    • Article
      Comex gold/silver futures
      186 6 Gold futures on A iUQUSt 28, 1999 100 toy ounca*. USS par toy ounca Open HW Low Mia A«g 361 JO 341 JO M(X00 ***** -70 Sap 340.00 340.00 360.00 340.40 -.70 Oct ***** ***** ***** 342J0 -70 Ok WOO ***** 163-50 344.00 -JO Fab 90 371.40
      186 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      372 6 AT LAST. ONE DATABANK THAT MEETS YOUR NEEDS FOR OFFICE AUTOMATION. o©3 Introducing Singapore's Hrat Databank on Office Automated Equipment and Sonde—. For the first time In Singapore, a comprehensive guide on tt>e latest equipment and services that wW get your office fuHy automated and functioning efficiency. The guide wIN
      372 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Moody's downgrades Aussie foreign debt again
      280 7 AFP AUSTRALIA'S leading long-term foreign currency debt has been downgraded for the second time in less than three years by one of the two leading US credit-rat-ing agencies. Moody's Investors Services said it was downgrading approximately US$23 billion worth of bonds issued by the
      AFP  -  280 words
    • Article
      Lock icon Treasurer Keating criticises rating
      172 7 Reuter AUSTRALIAN Treasurer Paul Keating said Moody's Investors Services Inc's downgrading of Australia's credit rating to Aa2 from Aal was unjustified and its judgment "ill-founded". "Overseas creditors consider Australia a good credit risk," Mr Keating said in a statement. "Australia can and is servicing its debt."
      Reuter  -  172 words
    • Article
      Lock icon 'Third World debt will cease to be a problem in 4-5 years'
      337 7 Reuter CITICORP chairman John Reed said Third World debt will cease to be a problem in four to five years, based on gradual progress being achieved by major banks and major indebted countries. "I believe we're continuing to
      Reuter  -  337 words
    • Article
      Lock icon Palmer says NZ, Australia could share common currency
      198 7 Reuter NEW ZEALAND Prime Minister Geoffrey Palmer said his country and Australia will have to decide in the next few years whether they should share a common currency. Mr Palmer, interviewed on Sydney's Channel Nine television station, was discussing the general relationship
      Reuter  -  198 words
    • Article
      Lock icon IMM
      266 7 Reuter A SESSION of lethargic range-trading left most IMM currency futures lower on Monday. Britain's bank holiday exacerbated the lack of vigour typical of late summer, when many traders take vacation. Expectations that the Federal Reserve has scant room to relax credit conditions again weighed on the market. Fears
      Reuter  -  266 words
    • Article
      Goldman Sachs sets up new forex trading unit here
      333 7  -  COMPANY HAS AUTHORISED CAPITAL OF $2m By QUAK HIANG WHAI GOLDMAN SACHS and Co. a top US broking and investment bank, has increased its presence in Singapore with the formation of a foreign exchange trading company. The new company, Goldman Sachs
      333 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      104 7 FOR SALE BY TENDER UNION CENTRE 39A JALAN PEMIMPIN PRIME FREEHOLD INDUSTRIAL BUILDING TENDER CLOSING DATE: 21 SEPTEMBER 1989, 4 pm 7-storey foctory 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
      104 words
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      Page 7 Advertisements Column 2
      206 7 Iv. Sim ll>ll 'tot 'Kakd Zi Tfkribm Nius? I ROM Si I'l IMM R sth. UTA \RI Cil\l\(. TNC.RV Si\(.\poki \\s l \i\ .V/ori Timi To Ivr I\ I»\KIS Willi \IK N< >\ STOP I I If.HT' OH No\! W I i> Hi I I I K mm j c,ii
      206 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon M'sia to urge ATPC to extend price stabilisation scheme
      508 8 PLUNGING TIN PRICE SPARKS CONCERN MBT MALAYSIA will propose that the Association of Tin Producing Countries (ATPC) seriously consider running the current third supply rationalisation scheme (SRS) for a full 12-month period, and even consider a fourth SRS. Primary Industries Minister
      MBT  -  508 words
    • Article
      Lock icon Hu Ping to study KL's palm oil exports
      330 8 Bernama CHINA'S Commerce Minister Hu Ping is in Kuala Lumpur with a four-member delegation to study Malaysia's capability in exporting palm oil to his country, a Malaysian trade and industry ministry statement said yesterday. The delegation, which will be in Malaysia until
      Bernama  -  330 words
    • Article
      Lock icon Crude Oil and Products
      154 8 Telerate FUEL OIL prices were stable in light trade yesterday. Traders said market activity was stalled by the lack of buying interest. A 20,000 mt first-half September Cargo was sold at a market-linked price plus a premium of $1 mt. However, this deal failed to push
      Telerate  -  154 words
    • Article
      Rubber
      312 8 3INQAPORE: Rubber prices eloped slightly higher yesterday, with September Ones RSS buyer quoted at 170.00 cents a kg, up one cent from Monday's close. Dealers said prices hovered within narrow ranges on light speculative selling throughout the afternoon. Trading was thin. On the TSR-20 Award market, prices closed marginally
      312 words
    • Article
      SSR and SMR
      80 8 (canta/kg) SEPTEMBER 1989 OCTOea 1989 (currant monlti) (forwar d month) NOON NOON RAS lvy«n Srttn •wy«n S«l«n SSI 30 1540)0 156.00N 155.00 157.00N SSI 50 153.00 1S4.00N 153.00 155.00N MRELB Ivytn S*M*n Bvr«rt Mlmn SMI cv 316.50 318.50N 218.50 220-SON SMI I 217.00 219.00N 2190)0 331.00N SMI
      80 words
    • Article
      RAS and MRELB
      291 8 RAS prices In 8 t*nto/kg. FOB In balm 1 NOON aosE Bwy*rt S*H*n 8uy*n Sellers Inr 1 RSS Prompt 170.00 171.00N 170.00 171.00N Int 1 RSS S«p 170.00 171.00 170.00 171.00 kit 1 RSS Oct 172 JO 173 JO 172.00 173.00 1* 2 RSS Of 168.50 170
      291 words
    • Article
      Lock icon Soybean
      198 8 Reuter LATE LOCAL short-cover-ing on Monday trimmed losses in CBOT soybeans, which closed lower but near session highs in nearby contracts, floor sources said. Much of the late buying was triggered by the late recovery in CBOT soymeal, which also closed near session highs. Soybeans started lower, hurt by
      Reuter  -  198 words
    • Article
      Lock icon Wheat
      193 8 Reuter CBOT SOFT red winter wheat futures ended lower after trading in a narrow range on Monday. Futures started lower, influenced by losses in CBOT corn and soybeans. They stayed in the minus column throughout the day as traders found little incentive to buy. floor sources said. Firm cash
      Reuter  -  193 words
    • Article
      KL Tin
      209 8 THE KUALA LUMPUR Tin Markat (KLTM) prlca surged 12 aan lo M 522.44 a kg at tha dooo yoatarday on hirthor buying, brokors said. WHh tha London Motal Exchange (LME) cloood on Monday, buyars were covarlng in anSclpaSon ol a rtaa next woak dua to oonaiunafa f- ouitiwi
      209 words
    • Article
      Palm Oil
      506 8 MALAYSIAN CRUDE PALM OIL FUTURES finished easier yesterday on the Kuala Lumpur Commodity Exchange. Dealers said the decline on the overnight Chicago Board ot Trade (CBOT) and buyers' reserve prompted operators to the sidelines. They said the lack of visible export demand and expectations that production for August
      506 words
    • Article
      Precious Metals
      386 8 HONGKONG: Limited short-covering pushed gold up to close slightly higher yesterday in quiet dull trade which saw prices stuck within a US$l range, dealers said. "It won't break out of this range ahead of the US figures," said one dealer, referring to the second quarter gross national product
      386 words
    • Article
      Produce Prices
      195 8 Chinese Produce Exchange Sellers' noon dosing prices on August 29 (Sl/100 kg) Coconut oil Bulk FOB 93.00 Old drum FOB 103.00 Now drum FOB 107.00 Copra Mixed (loose) 50.00 sellers Pepper Mont ok wNt« FOB NIW 490.00 Sarawak wMt* FOB foq NIW 480.00 Sarawak spedol block FOB NIW
      195 words
  • Page 8 Advertisements
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      214 8 Hu Ping Intorvtew, PAGE 15 MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT wmm i We have recently renovated our conference venues, giving you a choice of 4 different conference areas. These can seat a maximum of 40 in U-shape
      214 words
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      163 9 EVERY TIME THERE'S A ROAD ACCIDENT, YOU GET HIT WE'LL CHANGE THAT Until now, motor insurance in Singapore has tended to favour the guilty party: The more accidents he has, the more your premium goes up. At Citicorp we're changing all that, by bringing in a policy that's actually fair.
      163 words
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  • FOCUS
    • Article, Illustration
      Lock icon Start of World War II: 50th anniversary stirs memories
      1964 10 Fifty years ago this week, Adolf Hitler ordered the German invasion of Poland, and began World War 11. This account of that invasion and the events that led up to it is drawn from an Associated Press book to be published
      AP  -  1,964 words
    • Article
      Lock icon Echoes of the past, in the city where it began
      993 10 AP FOR 19-year-old Krzysztof Tulatycki, selling stamps in a municipal post office is "just another job, like anywhere else". But this particular post office, a few blocks from the centre of old Gdansk, is one of the two spots where
      AP  -  993 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      46 10 SINGAPORE PETROLEUM COMPANY PTE LTD VJ jn\ ON THE OCCASION OF THE CHRISTENING OF VESSEL "SPC CAPRICORN" I V H h I From: HONG LAM MARINE PTE. LTD. 141 Middle Road, #06-07, GSM Building, Singapore 0718. Tel: 338 2500 Telex: RS ***** HONLAM Fax: 339 7043
      46 words
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      Page 10 Advertisements Column 2
      116 10 Simply Beautiful... 7 1* y m, m -V *v< Discover beautifully crafted jewellery, cut to perfection by Europe's finest craftsmen. A wide selection of exquisite diamonds, rubies, emeralds, sapphires, jade and pearls in classic, modem and contemporary designs Only at Peter Lai Jewellery, where the beautiful things in life are
      116 words
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      661 11 Congratulations to Singmarine Industries Limited for its successful completion of a hatch barge and tug for Deluxe Timber T Company Ltd rtihrinw"' «<»» gr» Singmarine Shipyard Singmarine Industries limited (A division of Keppel Corporation Ltd) 5 Benoi Road, Jurong, Singapore 2262 Tel: *****88 Cable: Singmarine Telex: R*****2 Singkep Fax: *****91
      661 words
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      47 13 I Breakfast in Europe. (And nothing in between.) youll find everything has been specially taken into consideration, from Asian food on request to a crew that now includes Asians. So you see, we're determined to remain the world's favourite airline. BRITISH AIRWAYS The worlds favourite airline. -3
      47 words
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  • PERSPECTIVE
    • Article, Illustration
      Optimism over China-Taiwan relations
      397 14  -  By ZHOU MEI CHINA S Commerce Minister Hu Ping professes to be at a loss. He sees no reason for any anxiety among the people of Hongkong. He dismisses any suggestion that the June 1989 incident at Tiananmen Square has added to any prevailing jitters over
      397 words
    • Article, Illustration
      China's growth bogged down by inflation
      1328 14  -  While there is an obvious need to restore foreigners' confidence in the country following the Tiananmen episode as evinced by the visit of Commerce Minister Hu Ping, the pause in investment inflow could give China the breathing spell to tackle the problems that threaten
      1,328 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      576 14 Tee-off at midnight with Business Times lancy playing golf at midnight? It's possible with Business Times. Now, when you subscribe between August 15 and November 15,1989, you could win yourself a golfing holiday in Finland! All you have to do is answer two simple questions, send us your subscription and
      576 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Disney buys Muppets
      332 15 ENTERTAINMENT Reuter KERMIT the Frog got a new boss on Monday Mickey Mouse. Walt Disney Co, whose animators created some of the world's best-known characters, said it would pay an undisclosed sum to add the Muppets to its Magic Kingdom stable of cartoon and theme park stars.
      Reuter  -  332 words
    • SHORT TAKES
      • Article
        Mass tourism ruining Florence
        215 15 SCAFFOLDING shrouds the elegant facades of the Palazzo Vecchio, and the Piazza della Signoria looks more like a bomb site. Hordes of tourists jostle in the dust and rubble as they queue outside the adjoining Uffizi galleries. There is no doubt in the minds of Florentines
        215 words
      • Article
        Lock icon Untitled
        120 15 Agencies AN INDIAN who has been talking nonstop for two weeks won't shut up until he breaks the world record. By midday (0630 GMT) on Monday Mr Theeran had broken the two-month-old Indian record by talking non-stop for 360 hours in the southern city of Madras. Press Trust of India
        Agencies  -  120 words
    • Article, Illustration
      Lock icon Old mansion houses UK's ear on the world
      785 16  -  RADIO By PETER MILLERSHIP Reuter FROM an ageing mansion in the heart of England's Berkshire countryside gifted linguists have been picking up vital news bulletins on wars, coups and disasters for the past half century. Listening intently through headphones and hunched over
      Reuter  -  785 words
    • Article, Illustration
      Lock icon Japanese shrug off English errors
      482 16 POP Asahi News Service ENGLISH PHRASES frequently lace Japanese pop songs, although they often make little sense to native speakers or are ungrammatical. But according to a recent magazine survey, many young Japanese simply shrug off such mistakes as unimportant, saying it's the music that
      Asahi News Service  -  482 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      281 15 U/fjetr to entertain... Wfmr to entertain... Wfoete to entertain... Wfcre to 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 lUfllesOty 2 Stamford Road. Singapore (*>l7. WESTIN Hotels Resorts Sidewalk. Steamboat Steamboat Buffet
      281 words
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      Page 15 Advertisements Column 2
      182 15 MING COURT HOTEL SINCAPORE DIAN XIN BUFFET 4 "1 Our Dian Xin buffet lunch spread will also include authentic Cantonese aishes like Braised Beef Brisket in brown sauce. Red Braised Chicken in vinegar, Fried Black Fungus with shredded meat.... Enjoy rich wholesome Dian Xin specially prepared by our Hong Kong
      182 words
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      Page 15 Advertisements Column 3
      217 15 THE LEGEND! Batdance exclusively at Chinoiserie. See the Caped Crusader destroy the most diabolical criminal of Gotham City, The Clown Prince of Crime The Joker! Experience the legend!.... August 30, at Chinoiserie of course! The City Gates open at 9pm. Rlfwcy Sinfunn 10-12 Sroln Hcurt Shkmtoh' 0922 Id /ill 188
      217 words
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      Page 15 Advertisements Column 4
      152 15 vtm** Lunch or dinner. Adults: $14.50 Children below 12: $9.00^ Cafe Plaza Plaza Hotel SINGAPORE Be* h R«*adSwiiapnreU7l9Tel 29»nmi A delightful selection of western and local favourites Executive Set Lunch $1150" (Daily except Friday) Candle-lit Set Dinner $13.50" Every Friday Buffet Lunch cum Fashion Show Sats Suns High Tea 3pm
      152 words
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      Page 15 Advertisements Column 5
      140 15 PAB7y AT THE LIBRARY Its non-stop actio* ami fm amy night at Tha Übtary. Each iS 11 f V Yi •Quart seed Library Basement s h tfctnAbnrfcapnrv 333 Orchard Road, Singapore 0923. Tel: 737 4411. v s? tr-r Banquet Prepared by expert chefs. with a su selection of the finest
      140 words
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  • Page 16 Advertisements
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      170 16 entertain.. H nkai is a traditional Japanese restaurant offering such superb delicacies as sushi Msbimi ant) teppanyaki For private parties there are four tatami rooms available. Lunch: 12pm to 3pm. Dinner. 6.30pm to Ilpm. 1 1 (i Century Park Sheraton VUnKm Singapore m >6N<wHi Wvo* 102S *****22 II *Wf OWID
      170 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      657 16 CRYPTIC PUZZLE ACROSS 1 Could it shatter a racket? (5) 6 Drunken hints by letter (5) 9 Choose, though the best is not allowed (4. 3) 10 Hard up, but not for long (5) 11 Fliers who may possibly set about sailors? (5) 12 Its sweeping changes make me sob
      657 words
    • Miscellaneous
      Page 16 Miscellaneous Column 2
      1319 16 TV and RADIO Toying with terror OUR CHOICE THE MAGIC TOYSHOP, 10.30pm. SBC 5 A young girl and her two younger siblings become orphans when their parents die in an accident Sent to live with a toymaker uncle, they don't get avuncular affection nor lots of toys. Instead, they find
      1,319 words
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  • SPORTS
    • Article, Illustration
      Soccer final: Young Lions injury-stricken but raring to go
      610 17  -  SEA GAMES By CHARLES SAVAGE J IF INJURIES were the measure i of a team's chances for a med- al, pain-ridden Singapore has no hope for the gold in soccer tomorrow. But if medals were awarded on the basis of fighting
      610 words
    • Article
      Dhillon takes stock of Singapore's performance
      594 17  -  by CHARLES SAVAGE TWO MORE GOLDS were assured by the Singapore sailors when Khor Chek Leong and Loey Ah Chee topped the Flying Dutchman class, while Siew Shaw Her and Wong Chiu Yin took the honours in the International 470. But as the Sea
      594 words
    • Article
      Lock icon Brunei hopes to host the 1993 Games
      319 17 AFP TINY and oil-rich Brunei is hoping to host the 1993 South-east Asia (SEA) Games, an official of the Brunei SEA contingent said on Monday. "It was our turn to host the Games in 1985, but we were not prepared. We might host
      AFP  -  319 words
    • Article
      Lock icon Will it be a blaze of glory for Evert?
      717 17 TENNIS 1989 US OPEN NYT THERE ARE new seats at Court 16, new flooring at the concession area and new scoreboards everywhere. But for the 400,000 or so spectators expected at the National Tennis Centre in New York over the next
      NYT  -  717 words
    • Article, Illustration
      Lock icon McEnroe and Becker give their best; Gilbert succumbs to virus
      473 17 AP JOHN McENROE and Boris Becker played their best tennis in years at the US Open but ailing Brad Gilbert, munching bananas and brownies to fight an energy-draining virus, couldn't keep his streak alive. Becker, bothered by blisters on both
      AP  -  473 words
    • Article
      Lock icon O' Connor happy to be in Europe's Ryder Cup team
      311 17 GOLF Reuter IRISH GOLFER Christy O'Connor Jr was delighted, but not completely surprised, when he arrived at London's Heathrow Airport on Sunday to be told he was in Europe's Ryder Cup team. The 41-year-old nephew of Ireland's legendary Christy O'
      Reuter  -  311 words
    • Article
      Lock icon Australia extends lead over England
      320 17 CRICKET AFP MARK TAYLOR lifted his recordbreaking summer to new heights in London on Monday as Australia stretched its lead over England to 270 runs in the sixth and final Test at The Oval. On his way to an unbeaten 43 in the tourists' second
      AFP  -  320 words
    • Article
      Lock icon Athens bids to hold the 1996 Olympics
      358 17 OLYMPIC GAMES Reuter THE 1996 Olympics should go to Athens by right, the head of the Greek capital's bidding delegation said on Monday. Miltiadis Evert, the health minister and former mayor of Athens, told a news conference: "We feel we have a right
      Reuter  -  358 words
    • Article
      Lock icon New Formula One scoring system could favour Senna
      309 17 MOTOR RACING Reuter FORMULA ONE'S controversial scoring system could end up favouring Ayrton Senna for the second successive season if the Brazilian can add more victories to his fifth win of the year in Sunday's rain-washed Belgian Grand Prix. Although Senna is
      Reuter  -  309 words
    • Article
      Lock icon Onyx team boss lives life in the fast lane
      399 17 AP JEAN-PIERRE Van Rossem, stock exchange guru and director of the Onyx Formula One team, lives life in red. First, as a young Marxist he wanted a red revolutionary world. Now red Ferrari sports cars are his passion. And when he
      AP  -  399 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Masagung's hand seen in purchase of L&M shares
      519 18 Wim™ HOCK LOCK SIEW CONCERN over the sagging share market during the past week appears to have diverted investors' attention away from L&M Group Investments, the specialist contractor whose latest substantial shareholder is Guthrie Overseas Investment (GOI). Yesterday, L&M closed at $2.30
      HOCK LOCK SIEW  -  519 words
    • Article
      MBf puts KL building up for open tender
      359 18  -  By HERMAN PHUA MBf HOLDINGS Bhd, in an effort to reduce its massive borrowings, has put its Downtown Condominium in Kuala Lumpur up for sale. The group, which recently returned to the black on a modest interim profit, says the property, which
      359 words
    • Article
      Group profits dip at Federal Flour Mills
      321 18 HIGH raw material prices have pushed down group attributable profits of Federal Flour Mills Bhd (FFMB) by 1.43 per cent to M 518.22 million for the six months ended June 30. Turnover during the period, however, climbed 43.47 per cent to M 5616.95
      321 words
    • Article
      Lock icon UEM likely to chalk up M$75.5m group pre-tax profit this year
      463 18 CMS? mm. MBT UNITED ENGINEERS (Malaysia) Bhd is likely to chalk up group pre-tax profit of M 575.5 million this year and MsloB million in 1990 compared with M 546.8 million last year. Classifying UEM as a growth stock,
      MBT  -  463 words
    • Article, Illustration
      MCH plans to build office block at Marina Sq
      504 18  -  By WILLIAM CHIA MARINA CENTRE Holdings, the developer of Marina Square, is the latest to jump onto the property bandwagon with its plans to build a six-storey office block at Marina Square. The construction plans have been approved by the relevant
      504 words
    • Article
      Singmarine wins $23m vessel contract from ANL
      357 18 SHIPBUILDER Singmarine Industries Ltd, through its subsidiary Singapore Slipway Engineering Co (Pte) Ltd, has clinched a shipbuilding order worth $23 million from ANL Ltd. The contract, won against keen competition from local and international yards, is the highest value secured for a single
      357 words
    • SES
      • Article, Illustration
        Prices edge lower in listless trading on lack of fresh leads
        1078 19  -  by JOSEPHINE CHAH TURNOVER on the Singapore Stock market yesterday slumped tor the second consecutive day as share prices drifted downwards in featureless trading. Trading volume was 55.05 million units worth $98.76 million as investors refrained from buying due
        1,078 words
      • Article
        Unit trusts
        300 19 Managers' prices Royal Trust Asset Mgt for Aug 30 (T S'pore Gr Fund 085 089 *T Awo-Poc Gr Fund 1.105 1 155 Singapore Unit Trust OCBC-SIMBL Investment The Commerce 1.17 1.24 Savers Capitol Fund 100 106 The Savings fund 104 1.10 Savers Trust Fund 103 107 S'pore Prog
        300 words
      • Article
        COMPANY MEETINGS
        44 19 JOHAN HOLDINGS BERHAD: 64th AGM at Poinsettia 2, 2nd Floor, Petaling Jaya Hilton, Jalan Barat, Petaling Jaya. Selangor Darul Ehsan, today at 9am. MALAYSIAN ASSURANCE ALLIANCE BERHAD: 20th AGM at Auditorium A, Mahkota College, Jalan Parlimen, ***** Kuala Lumpur, today at 4pm.
        44 words
      • Article
        SES SHARE INFORMATION
        6137 19 t 1989 High Low Tel Code Company Last Sale AUG 29 orVol (•000) Day High Low Last Oi Buyer note teller Qr'a Dhr Dtv C'VT Gr rid Net PIE M Cap $mll c 1 r* 172 93 216 74 96 121 101 101 196 91% 104 175
        6,137 words
    • KLSE
      • Article, Illustration
        Prices fall further
        3582 20 SHARE prices yesterday were taken lower across the board for the second straight session in quiet trading. Business volume shrank further with turnover dipping below 30 million shares. Attention was focused on lower-liners. Following a barely steady start, share prices slipped into minus territory in lackadaisical conditions.
        3,582 words
    • REGIONAL MARKETS
      • Article
        Lock icon ICI sets sights on strategic Asia-Pacific
        280 21 ICI sets sights on strategic AsiaPacific Bernama BRITISH CHEMICAL giant Imperial Chemical Industries (ICI) has identified resource-rich countries of South-east Asia as a growing market for the group. Chairman Sir Oenys Henderson said the region was an important part of the company's strategy to strengthen business opportunities in key markets.
        Bernama  -  280 words
      • Article
        Lock icon Hicom turns in maiden profit of M$46m
        318 21 Bernama THE HEAVY INDUSTRIES Corporation of Malaysia (Hicom), which has suffered losses since its inception in 1980, has turned in a maiden pre-tax profit of M 545.9 million for the year ended March 31, 1969, against a net loss of M 5371.57 million
        Bernama  -  318 words
      • Article, Illustration
        Firmer in erratic trade
        536 21 Tokyo ARBITRAGERS playing the market and dealers opening fresh positions for September buffeted prices all day yesterday until they closed firmer in thin trade. Currency jitters ahead of a slew of US data this week kept major investors out but it was still an erratic day.
        536 words
      • Article, Illustration
        Stocks end higher
        509 21 Sydney AUSTRALIA'S share market closed higher yesterday with brokers saying the bullish trend looks set to continue. The All Ordinaries Index finished 10 points up at 1,780.9 and brokers said it could breach 1,800 by the end of the week H overseas investors took the news of
        509 words
      • Article, Illustration
        Lock icon Prices weaken in dull trade
        1259 21 Hongkong Reuter SHARE PRICES slid to below the crucial 2,500 support level with brokers blaming a lack of Interest for their decline yesterday. The Hang Seng index fell 28.84 to end at 2.487.94. Brokers said players were still looking over their shoulders at China but
        Reuter  -  1,259 words
      • Article
        Lock icon Taipei: Unsteadily firmer
        381 21 Reuter THE Taiwan stock index finished slightly higher yesterday after wavering unsteadily all day as investors began to take profits on previouslystrong small capitalisation issues. The weighted index climbed 27.15 points or 0.28 per cent to end at 10,038.35 against Monday's 10,011.20 close. Turnover hit NT5151.76 billion.
        Reuter  -  381 words
      • Article
        Lock icon Bombay: Shares up sharply
        188 21 Reuter SHARE PRICES rose sharply for the second day on widespread bargain hunting yesterday. The market opened higher but improved corporate results triggered buying and boosted sentiment. Institutional investors. normally big buyers, were absent. "For the first time in two months, buyers found prices a good
        Reuter  -  188 words
      • Article
        Lock icon Manila: Shares weaken
        90 21 Reuter PHILIPPINE shares closed lower across-the--board on Manila s twin bourses yesterday, with traders opting to buy government treasury bills in anticipation of higher interest rates. The Manila Stock Exchange composite index dipped 13.45 points to 1,134.86 in the thin trading. "People are waiting on the sidelines.
        Reuter  -  90 words
      • Article
        Lock icon Bangkok: Index up
        218 21 Reuter THAI stocks closed mixed in an active session yesterday, focused on selected finance and construction blue chips. The SET Index gained 0.42 point to close at 678.06. Falls led rises 64 to 45. Most active were Padaeng Industry, Siam Cement and Nava Finance. "Apart from rumours
        Reuter  -  218 words
      • Article
        Lock icon Seoul: Shares rally
        247 21 Reuter SEOUL stocks edged ahead in record trading volume yesterday on optimism about second half liquidity. The composite index closed 2.65 points up at 976.37, with volume at 824.7 billion won against 813.9 billion on Monday. As recently as July, daily trading volume was hovering under 200
        Reuter  -  247 words
      • Article
        Lock icon Wellington: Strong gains
        109 21 Reuter THE share market made a sizeable gain in light volume yesterday, and brokers expect the market to consolidate around current levels for the rest of the week. The Barclays index rose 20.45 to 2,360.92 points, the first rise in four trading days. "It was a mixed
        Reuter  -  109 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Prices close modestly higher
        798 22 New York Reuter US STOCKS ended modestly higher on Monday, as a spate of late buying, some of it futures-related, helped revive prices which had struggled against profit-taking periodically during the day. Interest in special situations, including airlines, also provided support. The Dow Jones Industrial Average
        Reuter  -  798 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1821 22 Reuter AMSTERDAM: Dutch share prices yesterday were easier at mid-session under pressure from s slightly lower dollar, but trade remained moderate. Monday's heavy selling on profit-taking after some disappointing corporate results seemed to have been halted, and the market is now sxpected to remain quiet until after
        Reuter  -  1,821 words
      • Article
        Lock icon French tour giants break up four-month alliance
        481 22 AFP CLUB MEDITERRANEE and Nouvelles Frontieres, France's two biggest tour operators, have broken up a four-month alliance. Nouvelles Frontieres president Jacques Maillot said the April 27 alliance, billed as a preliminary to a merger that would have created the world's third biggest tour
        AFP  -  481 words
      • Article
        Lock icon James Unruh appears to be in line to succeed Unisys chairman
        476 22 NYT UNISYS CORP has named James A Unruh as president and chief operating officer, putting him in line to succeed W Michael Blumenthal, the chairman and chief executive. In addition, the company named Curtis A Hessler vicechairman. Mr Heealer,
        NYT  -  476 words
      • Article
        Lock icon Prime to focus on three key areas
        356 22 Reuter THE NEWLY-APPOINTED president of Prime Computer Inc says the company will pare research and development costs to three key businesses, but that acquirer J H Whitney and Co has no nesr-term plans to sell any major Prime assets. "We've got a pretty
        Reuter  -  356 words
      • Article
        Lock icon 'SAS links up with investor to bid for Continental'
        284 22 AFP SCANDINAVIAN Airlines (SAS) has linked up with an untdentif- ied investor for a possible takeover bid of financially-troubled Continental Airlines, according to the Wall Street Journal on r: Monday. SAS already has a 9.9 per cent holding in Continental's parent
        AFP  -  284 words
      • Article, Illustration
        Lock icon Volvo expected to record healthy rise in interim profits
        585 22 Reuter SWEDEN'S AB Volvo is likely to present a healthy rise in first half profits this week, but analysts say new accounting procedures disguise a mixed performance by the company. Analysts expect a profit after net financial items of 4.2 to
        Reuter  -  585 words
      • Article
        Lock icon Siemens eyes Philips' defence business
        135 22 AFP WEST GERMAN electronics group Siemens is interested in buying the Dutch group Philips' defence business in West Qermsny. According to Siemens spokesmen in Munich, negotiations on a possible deal had not yet started. Philips, which has already sold its defence interests in the Netherlands.
        AFP  -  135 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      901 18 CURRENCY INVESTMENT AMI Kl( I XI'KI ss n\\ TEL: 321 3333 Texas National Bank Head Office: 901 Main Street, Dallas, Texas ***** Singapore Branch: 5 Shenton Way, #11-01, UIC Building, Singapore 0106 CONSOLIDATED BALANCE SHEET DECEMBER 31, 1988 ASSETS Cash and due from banks Interest-earning dsposits Investment securities (market value
      901 words
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      982 21 NOTICES IN THK MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HUP CHEONG BUILDING VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company duly convened and held at 1 Maritime Square #02-16/17, World Trade Centre. Singapore 0400 on the 28th day of August 1909. the
      982 words
    • Advertisement
      Page 21 Advertisements Column 2
      261 21 ESR TRADING PTfe LTD (In Members' Voluntary NOTICE OP FINAL GENERAL MKKTING (Pursuant to Section 30«(1) NOTICE IS HEREBY GIVEN in pursuance to Section 306(1) of the Companies Act, Cap. 60, that a general meeting of the above named company will be held at 400 North Bridge Road. *04-03, Singapore
      261 words
    • Advertisement
      Page 21 Advertisements Column 3
      694 21 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF CARPENTER TRADING SINGAPORE PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of CARPENTER TRADING (SINGAPORE) PTE LTD duly convene and held on 24 August IMB at 10.00 am. at 51 Anson
      694 words
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  • Article, Illustration
    Lock icon S'pore trade with S Korea to soar by 30pc this year
    446 23  -  By GENEVIEVE CUA SINGAPORE'S total trade with South Korea is expected to soar 30 per cent this year, with prospects looking good down the road. However, as a place for investment in this region, the Republic is a laggard
    Source: The Bank of Korea  -  446 words
  • Article
    Samsung to open international procurement office here next month
    362 23 SAMSUNG Electronics will open an international procurement office (IPO) in Singapore next month, the first step in a long-term plan to make the country its headquarters for Asia. J K Kim, the company's representative and general manager, said Samsung would apply
    362 words
  • Article
    US allays Asean businessmen's fears over Super 301
    580 23  -  By JOHN THOMAS ASEAN BUSINESSMEN, snxious about new US trade legislation which sanctions retaliatory measures to force countries to treat US business interests better, hsve been told by Wsshington that it will be careful in using the punitive measures. The assurance of
    580 words
  • Article
    Lock icon Brunei extends US$100m loan to Manila
    152 23 Reuter BRUNEI has agreed to lend the Philippines US$lOO million to help reduce its debt and cope with its balance of payments, President Corazon Aquino said in a message to the leaders of the two houses of Congress. The message, dated Aug 4. was
    Reuter  -  152 words
  • Article
    Lock icon Comex
    41 23 Reuter COMEX gold futures were higher early yesterday. December gold rose US$l.6O to match Monday's high of U*****.60 an ounce. September silver was up 3.5 cents at US$5.l3 an ounce after mustering buyers above Monday night's low of U555,095. Reuter
    Reuter  -  41 words
  • Article, Illustration
    Lock icon Bank merger reignites talk of more shake-up in Japan's financial industry
    528 23 Agencies THE BIRTH of the world's second biggest bank through the merger of Mitsui Bank Ltd and Taiyo Kobe Bank Ltd has reignited talk of a further shake-up in Japan's financial industry. Analysts said future mergers were most likely
    Agencies  -  528 words
  • Article
    Lock icon Status quo remains with Paris impasse: Hun Sen
    377 23 AFP. AP PHNOM PENH Prime Minister Hun Sen has said there will be no changes in the Cambodian government until general elections are held, as a result of the deadlocked Paris conference on the war-torn nation, Cambodia's official news agency reported yesterday.
    AFP.; AP  -  377 words
  • Article
    RAS defends quality of Singapore rubber
    195 23 THE RUBBER Association of Singapore (RAS) has dismissed a claim that the nation's rubber is inferior for making high-grade rubber products in Malaysia. The claim was made by the National Association of Smallholders of Malaysia (NASM) yesterday following complaints that rubber from Singapore, when
    195 words
  • LATE FILE
    • Article
      Lock icon S'porean students to pay full fee
      36 23 AFP MALAYSIAN and Singaporean students will no longer get New Zealand government aid but will have to pay full fees from next year, Education Minister Phil Goff said yesterday. AFP
      AFP  -  36 words
    • Article
      Lock icon DAP expels assemblyman
      30 23 Bernama THE DAP assemblyman for Jimah, Mr M Kuppusamy, has been expelled from the party, DAP disciplinary committee chairman Ahmad Nor said in Kuala Lumpur yesterday. Bernama
      Bernama  -  30 words
    • Article
      Lock icon NZ minister quits for love
      38 23 AFP NEW ZEALAND Defence Minister Bob Tizard said yesterday he had decided to quit politics because of his love for Beryl Vignale, a Canadian woman he first became engaged to in 1944. AFP
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      Lock icon NZ to buy Aussie frigates
      40 23 AFP NEW ZEALAND has conditionally agreed to buy two of the West German-designed frigates that Australia is about to begin building for its navy, New Zealand Defence Minister Bob Tizard said in Canberra yesterday. AFP
      AFP  -  40 words
    • Article
      Lock icon Japan's 4.5b yen plan for imports
      29 23 Reuter JAPAN plans to spend 4.5 billion yen in the year to March 31. 1991 to boost imports, a Miti official said. Reuter
      Reuter  -  29 words
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      296 23 m WHY START AT THE BOTTOM WHEN YOU CAN START No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our services. Residential and Commercial Property Loans Hire Purchase and
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      Page 23 Advertisements Column 2
      122 23 r PUTTING YOU A STEP AHEAD Information System Control Security and Audit si Kl v* 1 r r J vc Courses conducted by our specialists in EDP Security and Contingency planning using comprehensive materials from the Handbook of EDP Auditing, hand-on experience, case studies and tutorial groups. Control Security Audit
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Bimco protests over cargo fee
        98 24 Reuter THE Baltic and International Maritime Council (Bimco) has protested to the Ivory Coast over a charge to be levied from Sep 1 on all cargoes loaded or discharged in Ivory Coast ports. A Bimco statement said the charge was announced on Aug 7, too
        Reuter  -  98 words
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        Lock icon Cypriot tanker spills oil in port
        82 24 Reuter A TANKER which sank in central Vietnam's Qui Nhon port has spilt oil over a large area, The official Vietnam News Agency (VNA) said on Monday. It said the 6,112 tonnes dw Leela, flying a Cypriot flag sank on Aug 10 causing a
        Reuter  -  82 words
      • Article
        Lock icon Nine missing as shell hits tanker
        84 24 AFP NINE seamen were missing and two others badly burned after a shell fired from Syrian-controlled areas hit their tanker as it approached the beleaguered Christian coast in Beirut early yesterday, police said. The Suncheald was nearing the port of Okaybe carrying 11,000 tons
        AFP  -  84 words
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        Lock icon Sandbars develop on the river
        109 24 Reuter SANDBARS developed on the lower Mississippi River without warning, officials said. Over the weekend, the 785-foot Greek flag Atlantic Sailor ran aground just south of Baton Rouge. The vessel was stuck for over 18 hours while a sandbar was dredged from under it. As
        Reuter  -  109 words
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        Nedlloyd sets price for shares
        79 24 DUTCH shipping and transport group Koninklijke Nedlloyd Groep said it set the price for shares in a one-for-10 rights issue, announced on Aug 24, at 81 guilders per 10 guilder nominal share. It said the capital increase was needed to finance recent acquisitions and to
        79 words
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      Lock icon Giant oil rig shipped to California
      149 24 AP AN OFFSHORE oil rig structure longer than three football fields left on Monday for California on a barge pulled by five tugboats, officials said. Hyundai Heavy Industries said the 330-metre long structure, named Heritage, is a twin to another steel structure shipped earlier
      AP  -  149 words
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      Index to advertisers
      1093 24 ABC Containerline XI 5 Accord Shpg VMI 3/4 AfS XIII 3 AhrenkieJ Liner XII 5 AC Toepfer XIN 5 Airericon Nmgim XII 4 Arrow lines XI 5 Assoc Corriage XKI 5 ANl IN 1/2 AfC Line VII 4 API V 3-5 ASCI V 1 A Has line
      1,093 words
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      Pan Ocean to start new service to South-east Asia
      269 24 PAN OCEAN Shipping will be using the return leg of its European service to start a new monthly non-containerised service to East and South-east Asia. The Korean shipping line has been a long-time carrier of timber and steel from the Far
      269 words
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      Intertanko to hold next AGM in Singapore on May 9
      489 24  -  By LINDA CHEE THE INTERNATIONAL Association of Independent Tanker Owners (Intertanko). representing 65-70 per cent of the entire world tanker fleet, will hold its next annual general meeting in Singapore. Some 400 delegates will attend the AGM, which has been
      489 words
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      Johor sets up on-line system to monitor hazardous cargo
      338 24  -  By G DURAIRAJ THE Johor Port Authority has introduced on-line cargo monitoring to provide greater safety and care in the handling of hazardous cargo. Its safety measures system (SMS) was launched earlier this month in response to concern over the increasing
      338 words
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      Lock icon IMT to boost coal handling capacity by up to 30pc
      188 24 Reuter INTERNATIONAL Marine Terminal is boosting coal handling capacity by about 20 to 30 per cent at its Belle Chasse, LA, facility to meet growing demand from current international sales and from anticipated growth in business in the 1990 s,
      Reuter  -  188 words
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      Lock icon Experts consider future of platforms when oil runs out
      685 25 Reuter FUTURE casinos? Possible prisons? Or just a huge, rusty liability? As offshore oil platforms grow older, industry experts ponder what to do when the oil runs out. Suggestions have included conversions into offshore pleasure palaces or even jails, but the
      Reuter  -  685 words
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      People in shipping
      107 25 MR NIGEL Moore, marketing manager of Port Rashid Authority in Dubai, is to leave the port tomorrow. Having spent five years with Port Rashid, he will be leaving to join the Barwil Group as shipping commercial manager for Barber Dubai. His successor is Mr Richard Denning, who
      107 words
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      Greyhound sells ship finance portfolio
      75 25 GREYHOUND Corp said its European subsidiary, Greyhound Financial and Leasing Corp AG, sold its portfolio of Greek shipping loans for an undisclosed sum of cash in a management buyout. Terms were not disclosed, but the company said the sale did not result in a book
      75 words
    • Article
      Lock icon Kuwait accepts Australian sheep
      137 25 Reuter GULF countries are accepting as healthy hundreds of thousands of live Australian sheep which Saudi Arabia rejected on the grounds they were diseased. The Saudi ban set off alarm bells in the Australian livestock industry and sent shippers scrambling to find ports that would let
      Reuter  -  137 words
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      Lock icon The Japanese approach to planning: Nemoto
      579 25 Journal of Commerce WHEN Jiro Nemoto, newly graduated from the prestigious law department of Tokyo University, joined Nippon Yuaen Kaiaha in April 1952. he was immediately sent to sea for 18 months as assistant puraer of a cargo vessel plying international routea. But he
      Journal of Commerce  -  579 words
    • Article
      Lowest drop in losses for merchant ships
      399 25 THE TONNAGE of merchant ships totally loat fell to 864,670 gross tonnes (gt) last year, the loweat since 1970, compared with just under 1.3 million gt in 1987. Last year, 231 ships were lost along with 52 lives, making a total of 763
      399 words
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      Container schedules/Ships in port
      2053 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtainer Schedules BIk Op Gdn Date/Time Time From Time To Booking Gate Al Wo,bo 46 *****9 0700 30/1830 30/1930 Dot Ri* 2 Q5 00 F0S Anson *****N *****9 1700 30/1230 30/1300 NA 2 Q7 00
      2,053 words
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      Lock icon Japanese ships to be banned from dumping wastes in Baltic
      178 26 AFP JAPANESE ships will be banned from dumping garbage and other wastes in the Baltic Sea from Oct 1 under the revised sea pollution prevention law, Japanese Transport Ministry officials said. The government approved the revision at a cabinet meeting
      AFP  -  178 words
    • Article
      Shipping events
      404 26 Sep 4-8 Rendezvous de Septembre, 33rd annual international reinsurance meeting, Monte Carlo, Monaco. Sep 5-8 Offshore Europe, Aberdeen Exhibition and Conference Centre, Aberdeen, Scotland. Sep 8-8 P I, Lloyd's of London Press shipping seminar, The Ramada Hotel, 10 Berners St, London Wl. Sep 7-10 International marine trades exhibition,
      404 words
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      Consortia
      162 26 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping AMRO (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines
      162 words
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      SHIPPING LIST where your ships are due
      11145 33 aarmub London Enpraaa. Trlol. Aug 30(P«). Evar Oooda. Evargraan. Aug 30 Kaauga 1. Trlol. Aug 31 Ami Monk. MaarNi Um. Aug 31 Noraaia Paarl. Noraaia Um. Sag 1. VMa da SalurM. CM O'AlMaiaanL Sag 2 Ming Promoaon. Yang Mbtg. Sap 3 Toyama. ScanOutcht.
      11,145 words
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      33 24 'The Illustrated Encyclopedia of Wildlife" Fortnightly at all good bookshops and news-stands i(dure r BTP Dfctributore For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
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      17 24 Lines and services represented by Members of the Registry of Accredited ohippmg Agents. Singapore National Shipping Association.
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      Page 24 Advertisements Column 3
      417 24 USSSI A lively HISS way with mm ADVERTISEMENT Homegrown Multinationals Council of Singapore, gives his views on why Singapore's best and brightest shy away from studies in research and talks about the need to encourage talented students to pursue R&D careers. Betting on Sesdaq Local analysts are becoming increasingly bullish
      417 words
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      Page 24 Advertisements Column 4
      119 24 The future of oil rigs FUTURE casinos? Possible prisons? Or just a huge, rusty liability? As offshore oil platforms grow older, industry experts ponder what to do when the oil runs out. PAGE II Drop in ships totally lost THE TONNAGE of merchant ships totally lost fell to 864,670 gross
      119 words
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      258 25 Los Ange'esE jCficagof— 1 Kansas city ~y Mempnisl e Atianta| New York] I Atlanta) er NOW, full-scale LCL service with fixed day to 54 major U.S. cities! PyMitsui O.S.K. Lines' expanded LCL X;* .1 (less-than-container-load) service now links Far East and Southeast Asian markets with 54 cities throughout the U.S.A.
      258 words
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      1071 26 OOCL Didicateci fo C2uolify JAROINE SHIPPING AGENCIES 200 Cantonment Row) #12 05 Southpotnt, Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Td *****34 235 PESAKA JAROINE SHIPPING AGENCIES SON.JJ». PORT KELANG TEL: *****18 Telei No PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 P.GUDAN6
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      Page 26 Advertisements Column 2
      1352 26 MAERSK LINE DESTINATIONS US r.ulf US At! E In! C.in,*d.« All A 1 LARS M REOMA M LAURA M LEXA M LARS M. REOMA M. LAURA M LEXA M ——ar LEOA M. TMa «Mk Ant M CloOig ThM cy yon 2300 hrs CFS SOT 1300 HRS AXEL M WW I
      1,352 words
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      695 27 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P. KELANG SOUTHAMPTON 1/9 19/9 HAMBURG BREMERHAVEN 21/9 ALSO ACCEPTING CARGO TO; AU. UK INLANO DESTINATIONS, BELFAST, DUBLIN. COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI. OSLO. AMSTERDAM. CARIBBEAN A S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG —Mi 111 I Mi I I I CONV/SEMI-CONTAINER SERVICE
      695 words
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      Page 27 Advertisements Column 2
      429 27 COLUMBUS LINE REEDEREI GMBH V < A SERVICE OF HAMBURG SUD) T EXPRESS SEMI CONTAINER SERVICE TO S'PORE ROM/A OAM HBC HULL (U K }l/» 1/10 12/10 lt/10 13'10 Ml 13/11 17 11 Vii vu yu W2 (ASIA-SOUTH PACIFIC JOINT SERVICE) TUT MORAY BANK VIS CO4.UMBUS NIUCINI V* SPORE 411
      429 words
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      Page 27 Advertisements Column 3
      845 27 TO EUROPE NOftASIA PEARL VOS23-3 NOR ASIA PRINCESS 004-3 NORTH SEA SB* NOR ASIA SINGA 0926-3 REGULAR INDEPENDENT FULL CONTAINER SERVICE (vu rem) ES FIX HAM BRE ROT ANT LED (VU FEEOER) PEN PKL 1 3 3 S i i ,ii s 17/10 19/10 2Q/10 21/10 22/10 23/10 U K
      845 words
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      Page 28 Advertisements Column 1
      926 28 Steamers Maritime Holdings Ltd Wa P&O rnnt Containers STRAITS SHIPPING; CONTAINER SERVICE TO UK CONTINENT: rrrm PEGASUS PROGRESS WIN Sap »N Sap BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****00 Ml. frM* W M.W.T. I <1 CONTAINERSHIP SERVICE EROM UK CONTINENT: H*bur| Blmwm R'dam lak Sloe PKhn Spora WKotn Kao KJMUXJt
      926 words
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      Page 28 Advertisements Column 2
      1199 28 Ta.CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST EUROPE FULLY CONTAINERISED SERVICE NANJIN LENA WE MM QUEENSWAY BRIDGE BMW CMOYAMC PARK OMK NANJIN OAKLAMO WW ACCEPTING REEFER LN Ml NAM I MP a/» 22(1 sp w an VM VM VM 11/ M 12/14 llfM r«r«T: STRAITS TRANSPORTATION PTE LTD TEL
      1,199 words
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      576 29 tn SINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES .«A'lk MEEAD PJI 714 13/14 Sept BANDAR ABBAS KYOWA LINE MTROOUCMG KYOWA FAST DIRECT B/BUUUCOMTAMER SERVICE FROM B*PORE7PK TO QUAM/BAPAM AND MICROMEBIA PORTS* ETA SPOKE LOAD FM:VI IS SEPT'» GUAM. SAIPAN SEPT a SEPT 3B ANO MICRONESIA POUTS*
      576 words
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      Page 29 Advertisements Column 2
      504 29 GQhanjin shipping FULL CONTAINER SERVICE I TO EUROPE VIA SUEZ HANJIN LE HAVRE MM QUEEN'S WAT MIDGE I TO FAR EAST PORTS CONVENTIONAL SERVICE TO PERSIAN GULF INBOUND SERVICE FROM USA CANADA TO USA PACIFIC SOUTH WEST lAX OM an uw IM UK HAM. VI N. MMAM U* TO PACIFIC
      504 words
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      Page 29 Advertisements Column 3
      752 29 m evergreen i <)"!3ine r Sery >C Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) no w w mr m ax Round-The-World West Bound (FE/EURO/USEC/CARIB/FFI rr-r. US WEST COAST OUTBOUND INBOUND VI MS vi no vi no I ■.a >11 «.-r, 'r~T <wua«- wra I OUTBOUND FAR EAST/RED SEA/MEDITERRANEAN Ml VALUE EVER LAUREL CMCI
      752 words
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      Page 30 Advertisements Column 1
      630 30 5^ PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00 1 Singapore 0106. Tel: *****33 CONTAINER SERVICES -U i I JKT SI NMT 4M M M 11 k «7sa im *li% a XKT M T% im 17* zv% in im M IM VM) 11*8 TA MAS LA. KOTA HAWAII A
      630 words
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      Page 30 Advertisements Column 2
      465 30 Ifli BEN UNE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT an m m m m aa m m m m tm m m m m» «M m m MT» Mmm m m mm ur» m» iv* am mm am am w» am am mm mm mm iv* hoi mm aim mm
      465 words
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      Page 30 Advertisements Column 3
      330 30 T SEX m fj J I- ir M•: I- U S MRUHC BtQKN «UVOY S PANJ AWG73WB U/1R IVM (Acctrrmc coNvumoNAL ano CONTAINERISED CAMO) «01 WtWIjATAtfTW vu (ACCEPTING CONVERT***! ANO CONTAINERISED CARGO) |IH%M \WI m SONBAIAWI •A pm Hr IP DJAKARTA LLOYD INDONESIAN NATIONAL LINE (A MEMBER OF ANRO) UN
      330 words
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      331 30 BOUSTEAD SHIPPING AGENCIES PAGAN VMM npa-an via* MYANMA FIVE STAB LINE (Burmese National Line) Loading for Rangoon S'pore P.KeUng Parang Ban VST THE BANK LINE LIH-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HMBG HULL TAMAITAI SAMOA VICN lift MM 1»| M FORTH BANK V2SN 13/10 8/11 13/11 17,11 IVY BANK
      331 words
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      576 31 Kline KAWASAKI KISI.N l\ AI SUA. LID. IMPORT •PK/PNC *INOO VOY INDO 16 21/1 24 4/9 22 11/9 16 1M ft NEPTUNE RUBY OOCL HOPE EXPORT w mi an APAPA LOME ABID SGP NED. COLOMBO VS442f 30/1 OSAKA MARU VB47F M VENTO V1907F Tlfl HAYAKANA MARU 27/9 ALTAI V 6
      576 words
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      Page 31 Advertisements Column 2
      490 31 EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA EXPRESS CONTAINER SERVICE AooapMng FCUFCt Conttlntn KALIOAS Y MMTUISIOAS V.OH* KALIOAS V.49M* TUISIOAS V.44H* kalioas i.mr TUISIOAS V.494 F«*r By Tmtm V St* 17 S*t 2 Oct 2 Oct 2Nw 2 Hon 1? Ho. i; Hon U Ok U OK 2 Jm INDIA/JAPAN/INDIA
      490 words
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      364 31 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 21 T*io» Aftf Sl'Wt SINCAPO«f OW< Til U4JSM (10 LINES) Fm U4UOI STRAITS/PERSIAN GULF SERVICE: fp GOIKN BUR CdontWKvadM/Dutai Mil QOLOCN NAIWST CrtMbtfKarvMM* 2W» Si BAJTUNSMAN CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA UKCCQ»nnxT»o«Ai mg MMW MRMIIN SHA Nt M
      364 words
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      465 31 PHILI-ORIENT LINES PTE LTD HEAD OFHCE '08 ROBINSON HQAI MG BUU 01NG SINGAPORE Pi i'B'j: PHIil ffil EAST/MR EAST F6L ft 161 ETA SINGAPORE DESTINATION W 17M 123 JS N. GENLORD ty) EUT/WaT AHBCA/MB. mn 2 uZ Fa ft La >:'■ :>■ »'f S3C 2 EZH J T vu Fa
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      962 32 NEPTUNE MEMOES PIE. LTD. u§ww Ft EU/AUST TP A/SEA 27W® Z*****2 275H19 2750U6 *****11 27)0141 (CR NO. **********0E) EXPORT I I NEPTUNE ORIENT LINES LTD (VIA SUEZ) PBI PIC Mr MOTHER VBL/VOY 29/08 si/os 01/09 R. Bride* 4W 06/08 07/00 08/08 H. Bnd«* 5W 11/08 14/08 16/08 N. Zircon 3W
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      Page 32 Advertisements Column 2
      108 32 kiA PAN OCEAN SHIPPING COMPANY LTD REGULAR CONVENTIONAL SERVICES TO JAPAN/KOREA PORTS Spore BALISA AGENCY PTE LTD 8C Ma r me °a r ace Roac «'3-0' C 2 p a r nAav p a r aae SinaaDore '544 "'"eie* PS ***** BAJSA Po r Boonings T e 3455"3 C 8
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      Page 32 Advertisements Column 3
      22 32 REIGHT SERVICE BANGKOK 3/9/89 HONGKONG 2/9, 9/9 MELBOURNE, SYDNEY 4/9, 14/9 TEL: *****66 (8 lines) ITTTTTJ INTERNATIONAL FREIGHT FORWARDERS GUARANTEE WEEKLY CONSOL
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      Page 32 Advertisements Column 4
      839 32 r SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SIMSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****1/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KMK P. BUM ■asm mai tmoncshipping 127 nmism. p*** M*»r» Mrs nanoling systbi co son. mo
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      331 33 /t- SINGAPORE SHIPPING' CORPORATION (PTE.) LTD. Til 225 6868 (34 lints) FAX *****39/*****76 TUEX RS ***** A/B SSCMA RS ***** A/B SSCAO INTEGRATED CONTAINER SERVICE MEMO OF EACON SOMtt TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE *VM LMNACA: ACCEPTING CARGO RW UMASSOL, BEIRUT, LATTMIA, ALEXAMMA, PORT SAIO, PMAEUS, THESSALOWKI. UHM.
      331 words
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      Page 33 Advertisements Column 2
      58 33 PT. PELAYARAN MUTIARA SAMUDRA A6UN6 SAMUDCRA 102 Jl/I PERAWANG/P. BAKU KUALA SIAK IV 4fl BATAM (B. AMPAR/SCKUPANG) KUALA SIAK II 7/9 DUMAI/PtRAWANG 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM 4 SUMATRA PORTS Also accepting cargo for ports in Jawa A Kalimatan. We specialise in project I
      58 words
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      Page 33 Advertisements Column 3
      80 33 P.T. TANTO INTIM LINE SINGAPORE/SURABAYA WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL LCL/FCL CARGOES VESSEL VOY SPORE SURABAYA TANTO UTAMA 11/19 06/09 09^B TANTO UTAMA 20/21 13TO 16/09 TANTO UTAMA 22/23 20AM 23/09 TANTO UTAMA MAS 27*09 30/09 WEEKLY NVOCC SERVICE— FCL/LCL SYD/MEL/BRI 04/9 FREMANTLE/ADE KEELUNG 07/9 KAOHSIUNG 01/9 MANILA 01/9
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      276 33 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMAR ANG/PAN J ANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA JQ/8/89 ETD 2WW Daily mmni cargo at PPW/Jurong Port/Marma/Sambawani Perita Shpg Trdg P L IttW Tel No 5335&2S Th: ***** Fax *****86 PERITA CONTAINER LINE MV. ANGKASA JAYA ETA
      276 words
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      Page 33 Advertisements Column 5
      229 33 lie D REGIONAL CONTAINER LINE' ASEAN PORTS BANGKOK 4 SAILINGS A WEEK Ncow Hock Agency Co Ltd BKK (Tit *****80) DASWANI Sdn Bhd Pkl (Tel: *****59) PENANG- 2 SAILINGS A WEEK iij." im' 111 iTTrni JAKARTA 2 SAILINGS A WEEK PT Sarana Pemda Jkt (Tel: *****6) SURABAYA saiung a week
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  • Page 33 Miscellaneous
    • Miscellaneous
      Page 33 Miscellaneous Column 1
      161 33 Regional Weather 4 e c< 08 v\ R, I Yi m *2 55 v. cV tt I 0 /< SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. AUG 30. IM9 R Thunderstorm Temper an*, c X\ A t rt Weather Wind direction with speed m knots Ran Cloudy Sky W
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      996 34 M RICHFIELD MARINE AGENCIES (S) PTE LTD TEL *****33 (10 Line*) FAX *****15 TELEX RS ***** RISMIP (3 Lines) ■y SKTUN mwmm) ACCEPTING FCL AND CONVENTIONAL KNffKQ ETA UMOMQ FOR MM NCT3ANET Wl OAMEMALAAM. MOMBASA. OJMOUTI VOY MM AMAS. MABSAWA. HOOCIOAM MV MONET a/10 OAfItMALAAM. MOMBASA. OJMOUTi VOY inw ABBAS.
      996 words
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      Page 34 Advertisements Column 2
      768 34 S SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 P.KELAN& 03-*****35 PENANG: 04 *****9 BANGKOK: *****21 HONG KONG: 83-699W NAVTCACION (CHIIXAN NATIONAL LINE) GREAT ANDES SERVICE FEEDWVSI SP KEC MOTHER VtSSU REE VAL N. IVORY Oil W P W> US Sfli N. EMERALD 17W 10/01 17#M LAJA ZM a/II
      768 words
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      Page 34 Advertisements Column 3
      202 34 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE JiiLLLK i 1.1.1 jEsrasa umm m w 111 S TAHITI IE V4MFH l/l 11/1 ti i lcl/fcl acceptable FOR COMPETITIVE LCL RATE CONTACT ANWAR/JEYA CONTACT PCftSOMS TELEPHONE NO. TELEX/FAX NOS. MS TAJ/ANWAR *****10 *****71, (0 fclM) :R8 ***** BALTRA/*****73 O—WOOII7 Hamburg
      202 words
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      Page 34 Advertisements Column 4
      53 34 FARGO SHIPP H iuZH LCL T55 REGULAR EXPRESS SERVICE JAKARTA (FCL ONLY) TOKYO, KOBE, BUSAN (FCL ONLY) KAJtACHI, BOMBAY, CPU—Q (FCL ONLY) FARGO SHIPPING CO (P) LTD 19, Keppd Raod, #05-07/08 Jft Pali Building, S'pore 0206 Cable FARGOLINE ABC CONTAINERLINE N.V ■Ml ■■■■11l TO AUSTRALIA/NEW ZEALAND Ik U DATS TO
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      84 35 OODWAY LCL ACCEPTANCE TO NOUMEA, FIJI Sl* HKC NOUMEA SUVA 7/9 20*9 16/10 22/9 ¥10 l/l| 7/10 20(10 15/U EXPRESS 3ANJNQB TO PAPUA NEW GUINEA SIN POUT MORESBY LAE W 17/9 23/9 GOOOWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATI NUKUALOFA TONGA RAROTONGA FUNAFUTI TUVIU SIN SUVA VSL:
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      Page 35 Advertisements Column 2
      720 35 OcerhSeruice LCL/FCL SERVICE TO/FROM m 600 tonnmab/officH in UJA mm 36,000 tractor* tracks. OOjOOO points in U.S.A. LCL/FCL nrvkn G«mral Agent*: ■■M CSAV Compama Sad Americana de V.ipur es 54 Chilean Line Est 1872 EXPRESS SERVICE TO/from CHILE FEEDER IS'PORCI HOTNU VtSStL HK TOKO MICA IQQ AMTOFVALP Mi CYI VESSEL
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      682 36 COMPANIA PERUANA \CEdL DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, I PERUVIAN PORTS* WITH CPV THROUGH BILL OF LADING TO FINAL DESTINATION. MANOLOCVERETT ROSEEVERETT JOHNEVERETT P. KtUng* 16/11 Sap Singapore Gdn Kl9 V Sap 19/21 Sap "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA, KOBE, NAGOYA, MOJI,
      682 words
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      Page 36 Advertisements Column 2
      407 36 rxa I IV na rrrrf rw? rrrrr, m AUSTRALIA CONTAINER SERVICE FFSPII Hfl ZIM VENEZIA 11/10 ACCEPTING CARGO TO AOELAIOC *IA MELBOURNI ANO ALSO Fa TO GUAM, lONGKONG. TAIWAN. PUSAN. MANILA t CEBU ZIM EIUT CONTAINER UNI M1£9aHEi*****3 EiaaiiglßigM J-r' i fa 'I Fi I Br 11' na^Tl 3 GOLD
      407 words
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      Page 36 Advertisements Column 3
      496 36 SING KWANG HANG SfWWNO A TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE >AV.I PORT KELANG 1 SEP MANILA 1 SEP HONG KONG. ALL CHINA PORTS 2 SEP KEELUNG, KAOHSIUNG 3 SEP BUSAN 2 SEP TOKYO. KOBE 5 SEP CHITTAGONG 4 SEP DUBAI 31 AUG JEOOAH 2 SEP SYDNEY. MELBOURNE 8 SEP
      496 words
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      Page 36 Advertisements Column 4
      553 36 PERINTIS LINE IB weekly full container service WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETD ETA ETD PRABHAKTI V.290-291 In Port In Port 2/09 2/09 PRASETIA 20-21 2AM 4/09 6/09 6/06 PRABHAKTI 292-293 SAM 6/09 9/09 9/09 PRASETIA 22-23
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      Page 36 Advertisements Column 5
      422 36 PTC CONTAINER LINES fCI ICt SfRVICE 3/9 KEELUN6/KAOHSIUNG 1/9 BANGKOK 4/9 MANILA 2/9 JAKARTA 1/9 PORT KELANG/PENANG 4/9 B'JSAN 5/9 TOKYO/YOKO/KOBE 2/9 HONG KONG also a« Jpting cargo to Huanflw/Shenzhm/FuaMM/ Xiamen/Xingang/Shanghai LDN/FLX/LVP/SOU RDM/HAM/ANT/LE RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland destinations 31/8 L.A./NYC/SFO 4/9 VANCOUVER/TORONTO/MONTREAL ii T r
      422 words
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      Page 37 Advertisements Column 1
      687 37 iAM t i'a MERCHANT MARINE CO., LTD. EASTBOUND TO USA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE TO PSW NVUNOAI EXPLORER HYUNDAI COOMOANOER HYUNDAI PIONEER LALANOIA HYUNDAI CHALLENGER HYUNDAI INNOVATOR SIN HKG LtH OAK SEA zsE am vm am am an» ue 00/oo mjoo 02/1* os/u 00/10 2K IMH 21/01 OSflO 12/10
      687 words
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      Page 37 Advertisements Column 2
      287 37 /|\OEC CONTAINER FREIGHT Vf/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 ETC) LA/LB CHI NYC TO 31/8 23/9 28/9 1/10 7/9 30/9 2/10 8/10 WR5£l 14/9 7/10 UVIO 15/10 21/9 14/10
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      Page 37 Advertisements Column 3
      539 37 to JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST TOKYO KOK NAGOYA YOKOHAMA OSAKA SRI LANKA/ INDIA EUROPE/ UK I in IB mm? mi ports 31/8/89 REGULAR CONVENTIONAL SERVICE TO i c w ♦> 1 i C l 1 N: <04)
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      Page 37 Advertisements Column 4
      485 37 cfr. WW '.yfs/, 1 o<* v MitsciOSK. Lines. JLtd Mfc UK/CONTINENT (TRIO) FULL CONTAINER ram nw raa m iwm t% 5 %SSSm iriss— MEDITERRANEAN (MED CLUB)* JEDDAH I JUA* 1 I MIDDLE EAST (OASIS)** COM IDUMI t*"*'V OMM KUWAIT IfllWflHl VMOOI Mxtmw FOR DOHA AAM (MAM VIA OUMI TS HKKKMTr
      485 words