The Business Times, 7 September 1989

Microfilm: NL16759
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, SEPTEMBER 7, IH9 75 CENTS
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  • Article
    FINANCIAL NEWS SUMMARY
    250 1 Dow Jones down THE NEW YORK stock market declined broadly yesterday amid uncertainty over the outlook for Federal Reserve policy and interest rates. The Dow Jones average of 30 industrials fell 21.85 to 2,722.83 at 1430 GMT in the first hour of trading. AP Footsie down LONDON
    250 words
  • Article, Illustration
    STI index surges to another post-Crash high
    323 1 GENERALLY WEAKER stock markets in the region failed to dampen sentiment in Singapore yesterday as share prices surged to another post-Crash high. Singapore stocks rose for the sixth trading day in succession on fairly active trade. Institutional buyers contributed to the upward trend
    323 words
  • Article
    Software industry concerned about outcome of US subsidy probe
    435 1  -  By JEFFREY TSANG THE LOCAL software industry is awaiting with some concern the outcome of an investigation by the US Department ot Commerce into an alleged unfair trade practice of the Singapore government. But Computer Systems Advisers (CSA), the company cited
    435 words
  • Article
    News of changes puts the shine on Sesdaq stocks
    704 1  -  MORE FLEXIBILITY IN TRADING PLANNED By MAGDALENE NG,ANDREA BORCH WORD OF moves by the Stock Exchange of Singapore to streamline trading procedures on Sesdaq has swept through the market, pushing up prices as turnover soars on the second securities market. An
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  • Article
    Lock icon Bangkok suffers deficit
    106 1 AFP THAILAND suffered a trade deficit of US$2.7 billion with Japan and Asean this year, the Thai News Agency (TNA) reported yesterday. The first-half deficit coincided with a surplus of US$l.O5 billion in trade with the United States and the European Community for the same period, TNA
    AFP  -  106 words
  • Article
    Asean to meet ahead of Asia-Pacific forum
    332 1  -  By JOHN THOMAS ASEAN economic ministers are to hold a special meeting in Bangkok next week to decide on how they should participate in an ambitious Asia-Pacific economic cooperation forum initiated by Australia. The key issue for debate is whether the six Asean
    332 words
  • Article
    Lock icon Roh to announce new Korea reunification plan soon
    239 1 AFP SOUTH KOREAN President Roh Tae-Woo plans to make public a new Korea reunification plan in a policy statement before the National Assembly next Monday, officials said yesterday. The new national reunification plan calls for a ministerial body composed of the same
    AFP  -  239 words
  • Article
    First of an expected stream of HK companies seeks listing on SES
    510 1  -  By ROSIE TAN IMC HOLDINGS, the Hongkonglisted shipping company of tycoon Frank Tsao, has become the first of the expected stream of companies to apply for a listing on the Stock Exchange of Singapore. The company said it
    510 words
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      Page 1 Advertisements Column 1
      62 1 Burberrvs i 07 J i > I «*SL < Reigns when it pours The best of Hunan and Sichuan awaits you today at the Cherry Garden. tw TV: V \.Tv Let Chef Huang introduce you to the finest cuisines of the Cherry Garden. Reminiscent of a Chinese nobleman's courtyard, the
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      Page 1 Advertisements Column 2
      221 1 Full report, PAGE 18 Regional mkts, PAGE 20 World mkts, PAGE 21 Editorial Comment: 12 A shrinking force, a second wind Metro's Steven Goh 12 Selling is his game Malaysia's NEP 13 Sharpening kris of privatisation '75 years' rule 2 No plan to relax it: CPF Batam Island 3 Finding
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      Page 1 Advertisements Column 3
      94 1 BALLY of Switzerland I i r mi H£> ?> V" rOmlQip DINING ON TOP-OF-THE-WORLD Join us at the top. Enjoy the best Beijing cuisines specially prepared by our master chef. All yours to savour, amidst the grand panorama of the city and southern islands, the cosy ambience and the warm
      94 words
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  • HOME NEWS
    • Article
      No plan to relax '75 years' rule: CPF
      396 2  -  By QUAK HIANG WHAI THE LATEST OFFER by DBS Bank to finance customers who want to buy residential properties with leases of less than 75 years has been welcomed by most property developers. But the Central Provident Fund Board yesterday indicated that
      396 words
    • Article
      Speculation over delay in URA awards of three land plots
      367 2  -  By LEE HAN SHIH THE Urban Redevelopment Authority (URA) has delayed the awarding of the three plots of land it put up for open tender in March, sending the property market buzzing with speculation as to its significance. News of
      367 words
    • Article
      Sony investing $10m more in high-precision component plant
      472 2  -  By ANNA TEO IN THE LATEST top-up yet, Sony Corporation is pumping another $10 million into its high-precision component plant in Singapore, bringing its investment to $70 million. Sony Precision Engineering Centre (SPEC) at Tuaa, the core manufacturing and engineering centre for
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    • Article
      MEMO-PAD
      547 2 Seminars and courses s*p 7 Mow to Turn Your Worfc ajtvotq now MMe for *****21 Group into a Winning Team International Research Sep 8 How to Hondle A mora Hotel Institute for *****21 Multiple Priorities International Sep 8 Company low For Boulevard Hotel Research Dominion 2258S25 Company Secretaries Conferences
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    • Article, Illustration
      Lock icon PM Lee to visit Thailand later this month
      187 3 AFP PRIME MINISTER Lee Kuan Yew is to visit Thailand later this month for talks with Thai Premier Chatichai Choonhavan on Cambodia, Thai officials said yesterday. Mr Lee, who was invited by the Thai military during the visit to Singapore last month
      AFP  -  187 words
    • Article
      New service for mobile-phone users
      162 3 CELLULAR mobile-phone users in Singapore will be the first in the world to know the caller's telephone number when Singapore Telecom introduces a new service next month. For the Calling Number Display service, Singapore Telecom has had a special software developed for its Cellular Mobile
      162 words
    • Article
      Two Italian companies setting up furniture showcase
      276 3  -  By JOCELYN TOH TWO ITALIAN government-sponsored companies are setting up a showcase of Italian furniture for the Asia-Pacific hospitality industry. They are Cavital, a consortium promoting the furniture export of the Marche Region in Italy, and International Fair Exhibition, organisers of the annual
      276 words
    • Article, Illustration
      Committee to spur Batam development
      345 3  -  By WALTON MORAIS A GOVERNMENT-LEVEL working committee between Indonesia and Singapore is being formed to find ways to spur development on Batam Island. The committee will discuss, evaluate and suggest areas of cooperation to boost economic development on the island which the Indonesian government hopes
      345 words
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      Page 2 Advertisements Column 1
      133 2 It r Which means you can now add the professional shine to your printed documents, letterheads, reports, brochures and newsletters by freely mixing text, graphics and excellent photo-reproductions. Relatively speaking, the GQ-5000 Laser Pnnter is so easy to use,you don't need to be an Ernstem to work n. So affordable,
      133 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      201 3 The office is your business IT'S MORE THAN just a place to work. Your office is home to your business, your livelihood. It is where critical decisions are made, where information vital to those decisions must be readily available. It pays to plan your office. And it pays to advertise
      201 words
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      Page 3 Advertisements Column 2
      279 3 f > M '&m r> m&QK s mmk k* v <*•/.*■? ;3& i- V B 'XSSE&fc* '-.J.3V MKg gaw§ i v I. -s* v 5 *m~i& t v r *v. V*' -v./. v •||i i feJSiSv*' v•• jGQlfy*- .yi"-: Vj&^ V: A ,r? C^| hi i i :wi* i H
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  • FOREIGN NEWS
    • Article
      Lock icon Draft Soviet budget aims to halve deficit by end-1990
      363 4 Reuter THE DRAFT Soviet budget aims to halve the country's US$2OO billion deficit by the end of 1990, partly through issuing state bonds and by selling off unprofitable enterprises, the government newspaper Izvestia reported on Tuesday. The draft will be presented
      Reuter  -  363 words
    • Article
      Lock icon Taipei businessmen to boost ties with Moscow
      164 4 AFP TAIWANESE businessmen are trying to set up a private organisation aimed at boosting economic and cultural links with the {Soviet Union, the head of the Taiwan Importers and Exporters Association said. Lin Tzu-ching said on Tuesday there had been no official channels
      AFP  -  164 words
    • Article
      Lock icon West Germany posts robust growth rates
      177 4 AFP FIGURES showing the West German economy roaring ahead at a 4 9-per-cent annual growth rale, while unemployment continued to fall, had even usually phlegmatic economists expressing amazement on Tuesday. "If somebody had predicted such a figure for gross national product growth two weeks
      AFP  -  177 words
    • Article
      Lock icon World oil supplies higher in August: IEA report
      317 4 FT THE INTERNATIONAL Energy Agency (lEA) on Tuesday reported a 500,000-barrels-a-day increase in oil supplies outside the communist world in August, although spot market oil prices firmed during the period. Most of the increase came from the developed countries which are members
      FT  -  317 words
    • Article
      Lock icon Walesa woos Bonn industrialists
      180 4 Reuter SOLIDARITY LEADER Lech Walesa, whose movement is poised to lead Poland's new government has urged West German industrialists to invest in Poland and save it from bankruptcy. "Poland is a wonderful country. There is plenty of business we can do together," Mr Walesa said after
      Reuter  -  180 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      944 4 ARRIVALS Operator S*rvto* number Local HflM From ALK S1A KAL TMA StA IAC DLH SU SU SU SU MAS MAS MAS MAS ACA SU CFA GU GU SU MA QFA SU GU FAL THA SU TIY GU SU THA IAW MAS SU SU SU SU SU SU
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    • Article
      Lock icon Malaysia aiming for a more balanced electronics industry
      346 5 Bernama THE MALAYSIAN government has set an objective to have a more balanced electronics industry with 61 per cent comprising electronic components, 24 „p*r cent consumer electronics and 15 per cent industrial electronics by 1985. Deputy Prime Minister Qhafar Baba said on
      Bernama  -  346 words
    • Article
      Lock icon Thai residence permits for foreign investors
      104 5 AFP THE THAI government is to offer residence permits to overseas investors, academicians, technical experts and expatriates who wish to reside in Thailand, a senior Thai official said on Tuesday. The Minister attached to the Prime Minister's Office, Korn Tapparangsri, said the move would
      AFP  -  104 words
    • Article, Illustration
      Lock icon S Korean farmers want US food fair called off
      243 5 AP A BAND of farmers yelling "We oppoee US food imports" staged a protest outside a downtown hotel in Seoul on Tuesday to demand the cancellation of an American food fair sponsored by the US embassy. "Stop the food fair," yelled
      AP  -  243 words
    • Article
      Lock icon Buyouts may impair American competitiveness: Japanese
      410 5 FT JAPANESE trade negotiators have raised serious doubts •boot the impact of leveraged buyouts and other acquisitions on ths long-term competitiveness of US compenies. Their comments came on the final day of the first round of structural impediments initiative (Sll) talks in Tokyo. The
      FT  -  410 words
    • Article
      Lock icon US to meet China on its bid to join Gatt
      246 5 AP THE ADMINISTRATION of President George Bush, despite its ben on high-level contacts with Chinese authorities, plans meetings in Washington this month with Chineee officials on China's bid to join an International trade body, State Department sourcee said on Tuseday.
      AP  -  246 words
    • Article
      Lock icon Bush puts finishing touches to drug plan
      171 5 Reuter US PRESIDENT George Bush, who completed work on a US$7.B billion plan deeigned to expand the war on drugs st home end in Latin America on Tuesday, urged all Americans to join in pulling the nation out of "the quicksand" of drugs
      Reuter  -  171 words
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      Page 4 Advertisements Column 1
      412 4 How Computer Integrated Manufacturing can get your profitability into top gear. >" \ia V i£v A 9 m <ik v m 'K Sgfce. sV *< H >& *4fc# G) t i. f r ■;< •jtr-** > r .YTSi IPi-, rr SWT u o -~'V. < "A. t'y, 1 7-t' y\>
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      Page 4 Advertisements Column 2
      20 4 heoeexwl Airman tW hbit| 4f. Call ymtr travd tfmt *r Atr Cnmit M Til Kfi. A Breath Of Fresh Air
      20 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      121 5 >K f m, A yju Kb I »r 4 I E *< ■mm 1 v it v my t >_x At TheWfestin Plaza, Singapore we only employ Have you ironed out that problem with the suit? Wet: 'Ik Sir." Did that fax go offlast night? Executive Centre: "Yes Ma'am" Is
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      76 5 //V on 8«p 5 Global tomporaturo* OUTLOOK: aim pactod In a taw < Report foe 24 hours prior to 7.30pm on Sop 6 at tfw RalnM Ms ntfh— Hi Rainy day* Ma m>i.— 4 Moxfco Qty Maw DaN Now York Rio 'Janalro Roma San Frts'co San Jwan tjudlmut gonnayo Seoul
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      65 5 Doonesbury 1 t m m n> K2 511 llilßl 1 !—HlMI»'& 1111' LD E3 ,J: fir BY GARRY TRUDEAU GOOP POINT, JOHN. STIU, TPUKB MOR& INPUT ON POS&BLB COURSE OF ACTION. LETS ear UP A STUPY GROUP ~R) OUTUNB TH£ OPTIONS? m nun i(—li i i i ai m Jill
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Hill and Knowlton wins PR job for 25th N-Day
      481 6  -  By JOCELYN TOH WHEN SINGAPORE throws its mammoth 25th birthday bash next year, international public relations firm Hill and Knowlton will have ensured that the event get maximum publicity, even in countries as far away as the US and Japan. In
      481 words
    • Article, Illustration
      T Cook embarks on travel retail journey
      416 6  -  By GENEVIEVE CUA THOMAS COOK Travel has opened its first one-stop travel shop in the heart of the business district a novel concept which promises hundreds of holiday ideas. The shop at Clifford Centre, which company officials describe as the company's first "real"
      416 words
    • Article, Illustration
      Heshe to spend $500,000 on ads
      363 6  -  By SUZANNE SOH NEW BOUTIQUES. Resort wear. Business clothing. These are on the cards or have been launched by Heshe Holdings, the garment company which recently tied up with listed property group, First Capital Corporation. Primarily known for casual wear labels such as Lea
      363 words
    • Article
      Benetton now sells watches
      398 6 FANS of Italian fashion house Benetton can now tell time with its range of colourful, trendy watches which is being launched here by Dai-ichi (S) Distributors. Oai-ichi's other newly set up sister company, BeneTime (Far East) will handle the wholesale business. Both companies are owned by
      398 words
    • Article
      Pointers on stretching your advertising dollar
      339 6 TO GET the most mileage out of media spending, targets must be set, tight controls kept, and there must be regular campaign reviews factors which appear to be sorely lacking among advertisers in Singapore. These points were emphasised during the three-day media workshop last
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    • Article, Illustration
      Singapore needs its own media resources'
      242 6 ON-THE-JOB training is excellent but it would help young media planners even more if Singapore has its own media resources, said Peter Ling, president of the Association of Accredited Advertising Agents. Speaking at a media workshop organised by Survey Research Singapore (SRS) last week,
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    • Article
      Lock icon Japanese and German ads absent in magazines commemorating World War II
      455 6 AP ADVERTISEMENTS from Japa-; J nese and West German companies are almost absent fronC recent issues of Time magazine and US News World Report./ which feature cover stories on-• the 50th anniversary of the outbreak of World War 11.
      AP  -  455 words
    • Article, Illustration
      S'pore-Canada venture to light up the nights
      314 6  -  By SANGEETA MULCHAND WITH ONE EYE on Japanese advertisers and the other on petrol companies. Vynex Signs (Asia) has launched an advertising and promotion campaign to revive the once popular "sky sign" in Singapore and the region. Barely a year old, the signmaker
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    • COPY LINES
      • Article
        Creative Circle Awards
        81 6 ENTRIES are being invited for the Creative Circle Awards, popularly regarded as the Oscar night for the advertising industry. Entries were supposed to have been called in May. Creative Circle committee chairman John Kyriakou said the delay was to give agencies more time to put together their
        81 words
      • Article
        Ad firm widens scope
        78 6 ADVERTISING firm McCann-Erickson has expanded into public relations with the appointment of Mrs Kim Church as PR director for Singapore and Malaysia. Mrs Church will be based in Kuala Lumpur. McCann-Erickson managing director (Malaysia) Noel Derby said the consultancy aimed to better serve existing clients. "A
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  • COMMODITIES
    • Article
      Produce Prices
      196 7 Chinese Produce Exchange Sellers' noon doslr* g prices on September 6 (S$/100 kg) Coconut oil Suk FOB 93.00 Old drum FOB 103.00 New drum FOB 107.00 Copra Mixed (loose) 50.00 sellers Poppor ti. WiWw FOB NLW 490.00 Sarawak white FOB faq NLW 480.00 Sarawak special black FOB NLW
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    • Article
      London markets
      264 7 London Commodity Exchange Buyer/Seller dosing prices on Sop 5 (£/tonno unless specified). Previous closing prices In parenthesis. CqHn Basis kt-storo London, tollers option OF London Sop 770/775 (797/798) Ugh/low 803/770 Now 796/798 (814/7815 rtgh/low 823/792 Solos (4063) Cocoa Sop 758/760 (761/766) Wflh/Low 771/759 Doc 813/814 (820/821) KRgh/Low 834/812
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    • Article
      Wheat
      157 7 CHICAGO BOARD of Trade soft red winter wheat futures cloeed higher in the nearbys on Tuesday. Traders cited large purchases by a local commission house said to be acting for a commodity fund managed by Richard Dennis. Continued solid commercial demand indicated by numerous exporters stopping deliveries added support,
      157 words
    • Article
      Lock icon Sugar market faces another shortage
      273 7 Reuter THE WORLD sugar market faces a fifth straight season of deficit in 1989/90 (September/August) when world production will fall around 2.4 million tonnes short of potential consumption, forecast London trader E D and F Man (Sugar) Ltd. World output was expected to rise 1.3
      Reuter  -  273 words
    • Article
      Rubber
      249 7 SINGAPORE: The rubber market was quiet throughout yesterday afternoon with prices hovering within narrow bands from early levels. A lack of fresh incentives kept most operators on the sidelines. October 1 RSS buyer was quoted at 169 00 cents a kg. up 0.50 cent from Tuesday's close. On the
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    • Article
      RAS and MRELB
      283 7 RAS prices mie onta/kg, FOB In bato« 1 NOON aosE fc/yori Sellen fc/yori f M aeeers Int 1 RSS Pron ipt 168.00 169.00N 168.00 169.00N Int 1 RSS Oct 169.00 169 JO 169.00 170.00 Int 1 RSS Nov 170 JO 171 JO 171.00 172.00 Int 2 RSS
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    • Article
      SSR and SMR
      82 7 (cwftAa) OCTOttR 1989 NOVEMBER 1909 (currant month) (forwof ■d month) RAS NOON NOON lvy*n Man Ivytn S«l>n SSI 30 ***** 156j00N 133.00 157.00N SSI 50 133JO 1S4.00N 15X00 155.00N MRELB •wy*r» j,|(n S,H«n SMI CV 311.50 330-S0N 330-50 333-50N SMI I 3) 8.50 330. SON 330-50 333.50N
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    • Article
      Palm Oil
      481 7 MALAYSIAN CRUDE PALM OIL prices closed off the day's lows on light covering and speculative buying yesterday, aided by a recovery in palm oil futures, dealers said. Activity was again subdued by the absence of fresh developments, particularly in the export business. Sept south closed M 52.50 down
      481 words
    • Article
      KL Tin
      187 7 THE Kuala Lumpur Tin Market (KLTM) pries roee a cent to M 523.04 a kg In a m m Ln n ri DfvM ffKUng, DOOWfO Dy Steadiness waa also aided by Tuesday's rtoe on Vie London Metal Exchange (LME) and a slightly higher opening bfcte of 78 tonnee
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    • Article
      Soybean
      108 7 CHICAGO BOARD of Trade soybean future* closed mostly lower on Tueeday, under pressurs from the outlook for generally good US yields. Soybesn closings ranged from down seven cents per bushel in May to up one cent in distant November. September settled around the middle of a six cent rsnge
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    • Article
      Lock icon 'Platinum to hit at least US$525'
      294 7 Reuter PLATINUM PRICES should riss to between US$525 and US$55O an ounca over the next two yaars, driven by new pollution standards and demand tor emission-reducing autocatalysts, the vice-president of precious metal traders Mocatta Corp, Dr Jerome Lederman, told a metals conference on Tuesday.
      Reuter  -  294 words
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      Page 7 Advertisements Column 1
      220 7 CD v_ o Q--03 O) c c 75 c 0) o 0) "O 03 k. K 5 L_ 0 Is CO 1 a> oo O) SOUTH EAST j*v ASIA'S BIGGEST MICROCOMPUTER SHOW IS BACK! The microcomputer event which everyone looks forward to is back, with a bigger and more exciting
      220 words
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      Page 7 Advertisements Column 2
      100 7 Lifting the lid en a fresh Cantonese experience. ijr' Enter the Loong Yuen. One of Hong Kong's acclaimed Cantonese chefs, Fok Kam Z&j) W Tong, brings his expertise to Holiday Inn Park uDONGO View's newest restaurant. All the delicate pleasures of Cantonese cuisine and distincdy y modern, spacious dining areas
      100 words
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  • MONEY AND EXCHANGES
    • Article
      Options
      1299 8 CURRENCY FUTURES OPTIONS Wednesday, September 6, 1989 DEUTSCHE MARK (SJMEX) Sap M call* Sap M puis 1 I 1 Low Sofl rats I i I I i i i i i i I i 141 240 340 JAPANESE YEN (SIMEX) top N calls S«p M puis HM Low M
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    • Article
      Lock icon CFTC requests more funds to keep tabs on exchanges
      100 8 Reuter THE COMMODITY Future* Trading Commission is seeking more funds from the US government for its 1991 budget to more effectively police trading floors in the country's 14 designated futures exchanges. Its request came on the heels of federal investigations and
      Reuter  -  100 words
    • Article
      Lock icon BOJ vows to check excessive rise of US$
      122 9 AFP BANK OF JAPAN governor Satoshi Sumita said yesterday Japan would step up its cooperation with other industrialised nations in checking the US dollar's excessive rise against key currencies. He told a press conference that "if the exchange rate goes too far,
      AFP  -  122 words
    • Article
      Asian dollar market
      185 9 us$ */US* Opening 1.5410 Oadng 1.5483 OWW wu USf/S fr 1.7133 1.7066 7 doyi 9 7/8 US$/Dm 1.9855 1.9788 1 merit 9 1/16 15/16 US$/y«n 1.4685 1.4622 2 MM* 9 1/16 15/16 USJ/S$ 1.9785 1.9755 3 moot 6 momd w 9 1/16 9 15/16 7/8 US$/M$ 2.7045
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    • Article
      Simex
      350 9 1 'radtng on Sop tamtor S, IMS Opan Mgh law Saw E* Vol Op/tat Vol EURODOLLAR Sap 99 91.11 91.11 91.09 91.10 934 ***** 3577 OK 19 91.34 91.35 91.33 91-34 4910 ***** ***** Mar 90 91JI 91.51 91.49 91 JO 167 5406 1194 km 90 91.49 91.49 91.47
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    • Article
      IMM
      232 9 AN AFTCRNOON of sluggish and choppy trading left H most IMM currency futures lower at the close but near the day's opening levels on Tuesday. Repeated intervention by the Federal Reserve, which was joined by other central banks at least once, eventually halted the decline as post-holiday trading r
      232 words
    • Article
      Comex gold/silver futures
      168 9 Gold futures on September 5, 1989 100 froy ounces; USS par troy ounce Open MgH Low Soflto H HS*p 359.00 359.00 359.00 359.60 .00 Oct 340.50 362.00 340-50 341.40 .00 No* 343.30 00 Dk 344.80 365.90 344.00 345.10 .00 Fob 369.00 349.40 348.00 348.90 .00 Apr 372.50
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      Forex markets
      1343 9 SINGAPORE: The US dollar closed lower against most currencies on profit-taking and long liquidation in active trading trading. It fell to 146.20/30 yen from New York's 146.80/90 close and to 1.9785/95 marks against 1.9880/90 marks. Dealers said dollar sales increased after a Bank of Japan official's comment that
      1,343 words
    • Article
      Lock icon Crude Oil and Products
      151 9 Telerate FUEL oil prices were little changed in light trade yesterday. Trade came to a near-standstill in late morning on news of a refinery fire in California which has a capacity of 140 mbd. Tight-range trading was seen with dollars sellers' offers at US$BB-US$B9 per tonne
      Telerate  -  151 words
    • Article
      Precious Metals
      426 9 HONGKONG: Gold closed higher in moderate trading yesterday on an easier US dollar tone, dealers said. "Investors profit-taking on the US dollar encouraged more short-covering by Japanese and Australian traders in late trade, boosting gold to touch its day high at U*****.60/ 360.10 an ounce," a dealer said.
      426 words
    • Article
      Money markets
      54 9 THE overnight rate on the Singapore money market fell 1/16 point to close at at 5-1/4 per cent yesterday. Term rates were unchanged. S$ Interbank rates at the dose yesterday! OfW HO 0»«rnighl S 1/4 S l-m* S 1/4 S 1/» 3-mm» 3 1/4 S 5 1/4 9
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    • Article
      Government securities market
      104 9 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFER MGH LOW 3 wuiii(h BQ*****V 7.12.89 4.33 4.28 4.31 4.24 6 month* BS*****V 18.01.90 4.19 4.14 4.16 4.16 1 year 8Y*****F 24.05.90 4.33 4.28 Government notes and b iondf 1 Period Issue Maturity Coupon Yesterday's dosing
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    • Article, Illustration
      World interest rates
      181 9 hdMw Mm iwm> at Km prim* fending rate* of 12 ma|or banks In S'poro Interbank market ratee (offer/bid) on Sep 6 us$ DM SWFC Y«n 7 doyi V 3 6 mth 12 »7/» f »7/» •7/1 $7/» 1 J/1* 13/16 14 1/1* 13 19/1* 14 1/1* 13
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    • Article
      Lock icon S Korea, Iran want more say in IMF
      216 9 Reuter SOUTH KOREA end Iren ere likely to join Japan in demending e greater share of voting power et the International Monetary Fund (IMF) during negotiations on a quota increase later this month, eccording to monetary sources. The call could complicate talks
      Reuter  -  216 words
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      Page 8 Advertisements Column 1
      172 8 FOR THOSE IN COMMAND H 1, WiPi l 1 r W I N > V AND IN CONTROL 1 1 1 f iV- K m t. PpSs^^p3prSH| Success has its privileges. Like being able to choose a car that truly reflects your status in life. Whether you decide to be
      172 words
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      Page 8 Advertisements Column 2
      47 8 Sunday, Sept. 10, 1989. Grand Ballroom Hilton International Singapore 120 Tribal And Fine Oriental Carpets Rugs Viewing: 10am Ipm Auction Sale: 1.30pm spm All lots are guaranteed and backed by a full t[ade-in value at our showroom. Auctioneers: Cheong Koon Seng (CKS) Auctioneers k Valuers Pte Ltd
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      126 9 The Spaniards have invaded The Belvedere this month and filled OV '<)' x V. i \j' s. L >■ £S?AMA OOMSS TO TOWN. OL£! < vCT i aviv k sS 4 v v rr #aV\ 1 ly I v-f V 4 .^:s: l v V 4 I FA 74 i
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  • BANKING AND FINANCE
    • Article
      Lock icon Lloyd's to announce record £600m profits
      612 10 Reuter FHE LLOYD'S of London insurance market will announce reMjrd results today for the latest ■ocounting year, but its chairMn Murray Lawrence said the market faced major changes to Attract new business. •"'lt's difficult to tell how business will develop, but what 're looking
      Reuter  -  612 words
    • Article
      Lock icon EC insurers seek acquisitions for challenge of next decade
      256 10 Reuter EUROPEAN COMMUNITY insurance firms are lining up for acquisitions to improve their chances in two 1990s growth areas pensions for ageing northern populations and new business in Mediterranean bloc members. A Reuter survey showed that !West German, British and French
      Reuter  -  256 words
    • Article
      US dollar gives way to stop-loss selling
      316 10 THE US DOLLAR, which had earlier defied a concerted round of central bank intervention on Tuesday, finally gave way to stop-loss selling and position adjustments in Asian trading yesterday. Dealers attributed the dollar sales to comments by a senior Bank of Japan (BOJ)
      316 words
    • Article
      More mergers seen in post-1992 EC
      299 10  -  By OUAK HIANG WHAI REFORMS expected in the European Community (EC) following the formation of a single market in the 1990s will result in accelerated domestic and cross-border mergers and acquisitions, divestitures and even leveraged buy-outs. 1 This point was made on Monday by
      299 words
    • Article
      US$ seen as strongest currency in next 12 months
      422 10  -  GLOBAL FINANCIAL OUTLOOK SEMINAR By SOH TIANG KENG THE US DOLLAR will be the strongest among the world's major currencies in the next 12 months, while the Japanese yen will be the weakest. British currency forecaster Mark Brett predicted yesterday. Mr
      422 words
    • Article
      Rebound, then recession, predicted for US economy
      265 10  -  By DEXTER LEE THE US ECONOMY, which has been slowing down, will rebound in the remaining months of this year before plunging into a recession in 1990, predicted Drexel Burnham Lambert chief economist Richard B Hoey yesterday. Speaking at the Global Financial Outlook
      265 words
    • Article, Illustration
      Top forex banks each generate US$1 trillion of business per year
      216 10 SINGAPORE'S top 15 foreign exchange banks each generates about US$l trillion worth of business from the currency markets a year, a senior official of the Monetary Authority of Singapore said yesterday. Speaking at the seminar on global financial outlook,
      216 words
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      278 11 OUR WW COMPUTER OUTPERFORMS, OUTPRKES AND OUTRAGES THE COMPETITION. On performance, the Wearnes Boldline M Series is the world's first personal computer with a built-in upgrade system on the motherboard which does not require the use of an expansion slot. It can be upgraded to 386SX, or i486.. The upgraded
      278 words
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  • PERSPECTIVE
    • Article
      A shrinking force, a second wind
      497 12 MR LEE YOCK SUAN and his Labour Ministry have good reasons to be worried about the shortage of workers in Singapore. No, it is not a niggling problem which will go away in the foreseeable future. The statistics have it. The spectre of a
      497 words
    • Article, Illustration
      Selling is his game
      1845 12  -  Steven Goh got to know the retail trade when he was a boy. And he hated it. Today, he runs Metro Re Ltd, the biggest department store chain in the Republic. CHUANG PECK MING reports. CHUANG PECK MING STEVEN GOH's father was a shopkeeper, and the
      1,845 words
    • Article
      Lock icon East bloc exodus continues
      666 12 Nearly one million expected to flee communist controlled countries of Europe this year Reuter MORE THAN 750,000 people are expected to leave the communist controlled countries of Europe this year in the biggest mass migration from the eastern half of the continent since World War 11.
      Reuter  -  666 words
  • Page 12 Advertisements
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      205 12 4 Mini FoTiao (Jiang Pork Rib Special Ijibster Salad Cold Cuts ttfiOltt V '/I is? V 1 >' Steamed Soup in Green Melon Fried Prawns with Dried Red Chilli 3SC t* JL. Braised Superior Sharkfin in Brown Sauce Roasted Suckling Pig w m Smoked Sichuan Duck (Boneless) t#*KH Steamed Omelette
      205 words
  • Page 12 Miscellaneous
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  • FOCUS
    • Article, Illustration
      Lock icon Sharpening the kris of privatisation
      1309 13  -  Five years after it has been inaugurated, Malaysia's much-publicised privatisation programme seems to be running into difficulties. PAULINE ALMEIDA dwells on the reasons why certain quarters are unhappy with the privatisation programme while EDDIE LEE discusses the possibility of three more made-in-Malaysia cars competing with
      Malaysian Business  -  1,309 words
    • Article, Illustration
      Lock icon More made-in-Malaysia cars?
      742 13 Malaysian Business MALAYSIANS may see three more made-in-Malaysia cars running on the roads if their manufacturers decide to take the plunge. UMW Toyota Sdn Bhd, Tan Chong Motor Holdings Bhd (Nissan) and Oriental Holdings Bhd (Honda) have been given manufacturing licences to locally produce passenger cars and
      Malaysian Business  -  742 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      269 13 Defence Civil Engineering Shipbuilding Manufacturing Architecture Mapping in seconds A business grows on good ideas. But even the best ideas get lost if they don't get noticed. With the HEWLETT PACKARD 7475 Graphic Plotter and the 12-MHz DATAMINI AT Mini Tower, your good ideas wont just get noticed immediately. They'll
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      Page 13 Advertisements Column 2
      9 13 StcufWw Industry may 9*l single regulatory body, PAGE 20
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Fake furs are saving more skins
      655 14  -  FASHION By ANNE-MARIE SCHIRO NYT "TAKE BACK your mink," sang Miss Adelaide in Guys and Dolls. A whole chorus may be joining her this winter as fake mink and fake sable, leop- ard, tiger, beaver, and mole enter the high-fashion realm. And make no
      NYT  -  655 words
    • Article, Illustration
      Lock icon Searching for Homer's heroes at Troy
      756 15  -  ARCHAEOLOGY By HUGH POPE Reuter THE SPIRITS of Homer's heroes may hover over the wind-blown mound of Troy but experts on the first excavation there in SO years are still searching for any concrete trace of his epic war story. Visitors since kings Xerxes
      Reuter  -  756 words
    • Article
      Lock icon Japanese koban now a valuable collector's item
      485 15  -  COINS By JED STEVENSON NYT ONE OF the most beautiful coins is the Japanese koban, an oblong striated gold piece, which looks more like an ingot than a coin. It often appears painted with Japanese characters. Today the koban is a valued collectible
      NYT  -  485 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      845 14 m Where tv entertain... Where tv entertain... Where to entertain... Where to BAR The best live jazz in town Hours: 5.00 pm 2.00 am Level 3, The Westin Plaza Happy Hours Mon-Fri: 5.00 pm 8.00 pm The Westin Plaza Raffles City 2 Sumford Road, Singapore <*>17. Westin Hotels Resorts Taiwan
      845 words
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      Page 14 Advertisements Column 2
      109 14 1 LOVE AFFAIR IN GUANGDONG BBZXI Thirty-three HO tempting dishes am tar from Guangdong to tantalize your taste buds. Savour the subtle flavour of each, lovingly coaxed out and brought to perfection by our masterchefs. Staged daily at the Pine Court of The Mandarin Singapore. Guangdong Buffet Lunch I—3o Sept
      109 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      184 15 entertain.. B Happy Houffis In The Park. Our early evening Happy Hour,4 at The Fountain Lounge an dimply delightful. For every drink you order you get the next one free. Phut, you get 25% off bottle purchases. And to make dure you're totally happy, there'd great music to listen to.
      184 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      653 15 CRYPTIC PUZZLE ACROSS 1 The position as seen from a distance (6) 7 Treads clumsily on a vagrant fellow (8) 8 Combat that always finishes the same (4) 10 Harmful substance I get in a spoon, perhaps (6) 11 Although a friend, the chap was deceitful (6) 14 He's in
      653 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1346 15 TV and RADIO Disillusioned love H—fM|> Klnskl m the lovely Maria OUR CHOICE MARIA'S LOVERS, 10.30pm, SBC 5 Maria Bosic is one lovely young woman any man would give his eye teeth and other parts of his anatomy to get. Unfortunately, the one man who has her can't exactly have
      1,346 words
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  • SPORTS
    • Article, Illustration
      Sylvia takes over lead
      581 16  -  GOLF By CHARLES SAVAGE DEFENDING CHAMPION Sylvia Torres shot to the lead of the Singapore Ladies Open yesterday with an even par 72 (36,36), at the Tanah Merah Country Club. Her 36-hole 151 gave her a two-stroke lead over first day leader Nonita Lall. Explaining that
      581 words
    • Article
      Lock icon The make-or-break hole for champions
      431 16 AP IF THERE IS one hole at the BC Open that will cause grumbles, it's likely to be No 15. That's where champions are made or broken. "It can ruin a golfer's day," said Bill Dennis, the golf pro at the En-Joie Golf Club, talking
      AP  -  431 words
    • Article
      Lock icon No strong M'sian challenge likely
      265 16 Bernama MALAYSIAN GOLFERS, overshadowed by foreigners in recent years, will find the US$l5O,OOO Rothmans Malaysian Masters Golf Championship at the Royal Selangor Golf Club (RSGC) in Kuala Lumpur not at all a happy hunting ground. With such a grim prospect, the Malaysians will have to
      Bernama  -  265 words
    • Article
      Lock icon Ben Johnson deserves what he got, says teammate
      479 16 ATHLETICS AP CANADIAN SPRINTER Ben Johnson acted like an "idiot" and had only himself to blame for loeing his world record under new anti-dop-ing rules approved on Tuesday by the International Amateur Athletic Federation, teammate Angella Issajenko said. "I feel no pity
      AP  -  479 words
    • Article
      Lock icon Ben: Why should I be the only scapegoat?
      239 16 AP BEN JOHNSON complained on Tuesday of being the only scapegoat in the IAAF's campaign against drug use in track and field. Johnson, who has admitted using performance enhancing steroids, protested against the International Amateur Athletic Federation's plan to strip him of
      AP  -  239 words
    • Article, Illustration
      Lock icon Evert makes unemotional farewell at US Open
      656 16 TENNIS AFP A SOLITARY grey cloud hovered mournfully over the stadium court at the US Open in New York on Tuesday as Chris Evert lost the final match of her brilliant career to Zina Garrison. But Evert, who has won 101 Open matches
      AFP  -  656 words
    • Article, Illustration
      Lock icon Senna, Prost not talking
      553 16 MOTOR RACING AFP AYRTON SENNA, the reigning Formula One world champion, has spoken for the first time of his feud with McLaren teammate Alain Proet. In an interview with French motorsport magazine, Auto Hobdo, Senna reveals that he and Prost, who is expected to leave McLaren
      AFP  -  553 words
    • Article
      Lock icon Lotus set to sack Nakajima
      318 16 AFP JAPANESE FORMULA One driver Satoru Nakajima is expected to leave Lotus at the end of the season. The London-based 36-year-old, who has scored only eight points in 38 Grand Prix, is the victim of a new broom sweeping through the struggling English team. After
      AFP  -  318 words
    • Article
      Lock icon Alonso wins fourth leg of Tour of Catalonia
      141 16 CYCLING AP MARIANO ALONSO of Spain won the fourth leg of the 69th Tour of Catalonia on Tuesday, moving into the overall lead with three legs to go in the 1,124-km (686.8-mile) cycling race. Alonso, who began the day in 76th place,
      AP  -  141 words
    • Article
      Lock icon Promotion rights for WBA fight to be auctioned
      149 16 BOXING AP PROMOTION RIGHTS for the World Boxing Association middleweight title fight between champion Mike McCallum of Jamaica and British challenger Michael Watson will be auctioned off on Saturday. Promoters representing the two fighters have been unable to reach an agreement on
      AP  -  149 words
  • Page 16 Advertisements
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      273 16 10th AMOASSAAAAAA GOLF TOURNAMENT Mil iiaAln lii U 12.37pm Ban Hum (18 PtiOpUM* (16 Tan Smi Laong (16 Victor Khoo (17 12.43pm KO Laong (15 DiwdOrn (14 LTWong 10 E Ogawa S 12.49pm HoChaongHock (19 Danny Chang (15 H Goto IS John Sam (2C 12 55pm Tan Chin Hual (1C
      273 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Right year to assess Sime's diversification
      790 17 wmmm™ HOCK LOCK SIEW SIME DARBY shareholders cannot be said to be jumping for joy to learn that the company has achieved a second consecutive record pre-tax profit of Mssos million. In Singapore, its shares rose 30 cents to 553.74 on Monday but fell
      HOCK LOCK SIEW  -  790 words
    • Article
      Amcol extends deadline for Anak Bukit deal by six weeks
      251 17 AMCOL Holdings Ltd has extended its agreement with the vendors to purchase the entire issued capital ot Anak Bukit Sdn Bhd. Amcol announced yesterday that the conditional agreement signed on March 29, 1989, with the shareholders of Anak Bukit had
      251 words
    • Article
      High & Low turns in M$22.5m interim profit
      360 17 High Low turns in M$22.5m interim profit HIGHER commodity prices have raked in a hefty profit for plantation group Highlands and Lowlands Bhd for the first six months of the year ended June 30. During the period, group after-tax profit rose 19.14 per cent to M 522.55 million from M
      360 words
    • Article
      LATEST RESULTS
      161 17 KULIM (M) Bhd: Group profit after tax and minorities of M 59.22 million (M 55.5 million) on a turnover of M 545.59 million (M 535.35 million) for the six months ended June 30. 1989. Earnings per share came to 8.93 sen (5.54 sen). An interim dividend of 2.5
      161 words
    • Article
      DBS Bank sells 1.9m ICS shares for $14.5m
      351 17  -  By ELAINE KOH DBS BANK has sold 1.9 million shares in the Insurance Corporation of Singapore, garnering $14.5 million, and losing a subsidiary at the same time. With the sale, DBS Bank's shareholding in the insurance company has been reduced to 49.6
      351 words
    • Article
      Ming Court buying its first piece of industrial property for $12 million
      321 17 MING COURT Hotel, just a day after buying its first piece of residential property for $23 million, is understood to be acquiring its first piece of industrial land for about $12 million. With this latest acquisition, Ming Court
      321 words
    • Article
      Hong Leong Credit, C Itoh team up in Johor venture
      445 17  -  Construction project worth Msl2om By WILLIAM CHIA THE HONG LEONG group in Malaysia has for the first time tied up with Japanese trading giant C Itoh to undertake a massive construction project in Johor with a bumiputra partner. Hong Leong
      445 words
    • Article
      LKN profits up sharply despite fall in turnover
      301 17 CONSTRUCTION-BASED Lim Kah Ngam Ltd has improved its profit margins and posted a three-fold jump in group interim after-tax profits. For the six months ended June 30, 1989, LKN saw its after--tax profits jump to $1.43 million compared with $342,000 in the
      301 words
    • Article
      Lock icon KL government looks at ways to boost stock market size
      287 17 Reuter THE MALAYSIAN government is examining proposals to increase the capacity of the Kuala Lumpur stock market to cope with its privatisation programme, said Sheriff Kassim, director general of Malaysia's Economic Planning Unit. They include reducing the size of marketable
      Reuter  -  287 words
    • SES
      • Article, Illustration
        Buying support pushes STII to another post-Crash high
        1121 18  -  By KEVIN GWEE SHARE PRICES on the Singapore market hit yet another poatCrash yesterday while the current interest in Sesdaq counters remained strong. Continued buying support and selected bargain hunting by institutions and individuals boosted by recent good corporate results pushed up
        1,121 words
      • Article
        Unit trusts
        228 18 Managers' prices for S«p 7 Singapore Unit Trust TW Co—rca IJO 127 TW Savings Fund 108 1.14 S'por* Prog Fund 0.4» 0.53 S'por* W Fund 076 0*1 S'por* brvMt Fund 084 0.89 S'pora Equity Fund 0S7 041 Asia Unit Trust Mai fcnw) Fund I.S» 148 Mai Prog Fund
        228 words
      • Article
        COMPANY MEETINGS
        52 18 MALAYSIA AICA BERHAO: 20th AQM at Bayan Room, Hotel Equatorial, No. 1 Jalan Bukit Jambul, ***** Penang, today at 11am. CYCLE CARRIAGE LIMITED: EGM at 9 Penang Road, #12-00 Supreme House, Singapore 0923, tomorrow at noon. METALOCK (SINGAPORE) LIMITED: 20th AGM at 27 Gul Drive, Singapore 2262, tomorrow
        52 words
      • Article
        SES SHARE INFORMATION
        6345 18 Gr's Gr's 1 M Tal Last Vol Day Last Quote Dlv OW rid Not M Cap High Low Cod* Company Sale OTfooo) nlQn Low Buyer Sailor C'vr P/E Imll SEP 06 SESOAQ 196 120 t 4000 Amtek Eng 20* 196 4 418 196 188 196 200 10
        6,345 words
    • KLSE
      • Article, Illustration
        Another new high
        3554 19 SHARE prices forged ahead lor the third consecutive session on the Kuala Lumpur stock market in active trading. Brokers said the market had opened mixed following the mixed showing in Tokyo at midday and the poor performance on Wall Street. Save for a number of situational counters
        3,554 words
    • REGIONAL MARKETS
      • Article
        Lock icon KL securities industry may get single regulatory body
        548 20 'REGULATORY REFORMS SHOULD GO WITH PRIVATISATION' Bernama THE PRIVATISATION masterplan study, which the Malaysian government embarked upon last year, has considered the establishment of a single federal regulatory commission to cover many industries rather than having a separate body for each industry,
        Bernama  -  548 words
      • Article
        Lock icon British-Philippine venture to build armoured cars
        256 20 AFP TWO PHILIPPINE FIRMS and Britain's GKN Defense company have formed a joint venture to manufacture Simba armoured vehicles in the Philippines, a spokesman for both firms said in Manila on Tuesday. The vehicles would be made for the Philippine military and for possible
        AFP  -  256 words
      • Article
        Lock icon Ayala Corp's interim net income up 84pc
        159 20 AFP THE PHILIPPINE real estate and manufacturing giant Ayala Corp posted an 84 per cent jump in net income in the first half of 1989, a company report released in Manila yesterday said. r Consolidated net income in the first half of 1969
        AFP  -  159 words
      • Article
        Lock icon Manila: Mixed close on selective buying
        107 20 Reuter PHILIPPINE shares closed tyixed yesterday after selective buying triggered by $rporate developments Kied some prices higher, ers said. The Manila Stock Exchange composite index finished at 1,160.51 points, rising 8.53 and ending a two-day (all. "This is only a technical rally. We don't
        Reuter  -  107 words
      • Article, Illustration
        Lock icon Stocks close lower
        327 20 Tokyo Reuter INTEREST RATE jitters sent share prices reeling to doee broedly lower In modest trsde yesterday The Nikkei sank on the beck of plunging yen bond prices after news that the Bank of Japan may be considering measures besides currency intervention to stop the dollar's rise.
        Reuter  -  327 words
      • Article, Illustration
        Lock icon Slightly firmer on low volume
        1234 20 Hongkong Reuter THE ABSENCE of any newt to influence the market brought low trading volume and little movement in pricee yeeterday, brokers said. The Hang Seng Index roee just 5.21 points to 2,577.82. Brokers noted some buying interest from overseas but said just as many
        Reuter  -  1,234 words
      • Article
        Lock icon Bangkok: Record high
        147 20 Reuter THE Thai stock index surged past the record 700 mark in record turnover yesterday, on active speculation by small local investors and foreign buying of construction blue chips, brokers said. The SET index rose 4.96 points to 702.03, with some 22 million shares worth a record
        Reuter  -  147 words
      • Article
        Lock icon Taipei: Higher but off peaks
        439 20 Reuter THE TAIWAN stock index ended higher yesterday but off its peak for the day after a run of profit-taking trimmed early gains, dealers said. The weighted index roee 57.43 points to finish at 9,967.61 compared with Tuesday's 9,910.18 finish and a high of 10,090.00
        Reuter  -  439 words
      • Article, Illustration
        Lock icon Profit-taking
        331 20 Sydney Reuter THE SHARE market closed marginally weaker yesterday as its latest profit-in-spired rally ran out of steam on profit-taking and futures and options related trade, brokers said. The All Ordinaries Index cloeed 3.3 points off at 1,774.4, down from its earlier high of 1,786.6. "Institutions weren't aggressively chasing
        Reuter  -  331 words
      • Article
        Lock icon Seoul: Index continues to fall
        145 20 Reuter THE SEOUL stock market index continued to fall in light trading volume yesterday ahead of the three-day Chusok fullmoon holiday next week, brokers said. The compoeite index dropped 10.18 points to close at 061.72. Turnover was 492.7 billion won against 443.3 billion on Tuesday.
        Reuter  -  145 words
      • Article
        Lock icon Bombay: Mixed close
        168 20 Reuter SHARE PRICES (altered to end mixed after an early rally sparked heavy prof-it-taking when trading resumed after a long weekend. Brokers said scattered buying by state-owned investment trusts at the start of trading failed to spur follow-up as cautious traders stayed on the sidelines. "The market
        Reuter  -  168 words
      • Article
        Lock icon New Zealand: Sharp fall, heavy volume
        109 20 Reuter THE share market doeed sharply lower yesterday following one of the heavteet dally turnover since the October craah. but sentiment remains optimistic. "Selling preeeure started (on Tueeday) evening. It began on the back foot and retreated from there." one broker said. "We needed
        Reuter  -  109 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Sluggish trading
        899 21 New York Reuter US SHARE PRICES ended slightly lower on Tueedey, as interest in a tew groupe, like the airlines, failed to draw buyers to the rest of the market. A lack of market players and economic news following the long Labour Day weekend kept trading on Wall
        Reuter  -  899 words
      • Article, Illustration
        Lock icon Market opens quietly mixed
        800 21 London Reuter, AP SHARES OPENED quietly mixed yesterday, with over a third of the FTSE 100 unchanged, as the market digested a mixed batch of half-year results. Dealers said a weaker close on Wall Street on Tuesday had also robbed the market of impetus. "Trading's very
        Reuter,; AP  -  800 words
      • Article
        EUROPEAN MARKETS ROUNDUP
        1638 21 FRANKFURT: West German •haras yesterday ended mixed to lower as participants took profit on selected shares while driving once-neglected sectors and stocks higher. "This is the kind of sector rotation that we have grown need to." one dealer said. Most car stocks retreated on profit-taking, but BMW.
        1,638 words
      • Article, Illustration
        Lock icon 'United directors to give rival bidder another chance'
        520 21 BIDDING WAR FOR AIRLINE FAR FROM OVER NYT THE BIDDING war (or United Airlines is apparently far from over. People close to the situation said the board of UAL Corp, United's parent company, might take at least several weeks to approve a
        NYT  -  520 words
      • Article
        Lock icon Wang unveils new PC in comeback bid
        298 21 AP WANG Laboratoriea Inc. seeking to restore customer confidence and boost sales after a devastating loaa and management shake-up. unveiled a new line of four IBM-oompatible personal computers on Tuesday. Analysts said the PCs, Including one using International Business Machine Corp's Micro Channel
        AP  -  298 words
  • Page 17 Advertisements
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      257 17 I \ckisi\ol\ .it I ho I lour (.Lis** "China Sichuan Export Commodities Fair VENUE RIVER VIEW HOTEL 2nd 4th Floor DATE sth to 14th September 1989 TIME 9 am to 12.30 pm 2 pm to 5.30 pm Monday Saturday ORGANISER Sichuan Commission of Foreign Economic Relations and Trade SUPPORTED BY
      257 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      291 20 OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We, Consort Tankers Pte Ltd, 80 Marine Parade Road, #12-09 Parkway Parade, Singapore 1544, hereto give notice that In confluence of oar Intended purchase of the vessel MT HIYOSHI MARU NO. 2, we have applied to the Registrar of Singapore Ships, under
      291 words
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      Page 20 Advertisements Column 2
      3 20 Technology every Tuesday
      3 words
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      Page 20 Advertisements Column 3
      262 20 NOTICES n I'ri,,« i.:x, ;t COMPANIES ACT, CAP 80 AND ■MJWM VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at Blk 135 Buklt Merah Lane 1, #08-160. Singapore 0515, on 6 September IMB the following resolutions were duly (1) Special Reeolutlon Resolved that
      262 words
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      Page 20 Advertisements Column 4
      309 20 IN THE MATTER OP THE COMPANIES ACT. CAP. 50 ANTWERP PTE. LTD. (In Voluntary Liquidation) At an Extraordinary General Meeting of the membora of T.H. DIAMANTAL ANTWERP ENTERPRISE PTE. LTD duly convened and held at 6001. Beach Road, #14-01. Golden Mile Tower. Singapore 0719 on the 4th day of September
      309 words
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      Page 20 Advertisements Column 5
      283 20 THE COMPANIES ACT, CAP. 00 At a* general meeting of LEXINGTON PTE LTD duly convened and held on the 4th day of September, 1909 the following special reeolutlon tu peaeed: SPECIAL RESOLUTION That the Company he wound up voluntarily pursuant to section 200(lXb) of the Companies Act, Cap. 80 and
      283 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      43 21 Cat CATS at 737-1166 to pi an Ad. tree ot couse. You a hewing CATS Sat X to put in °e of V tx are V ATS in P tvpuUc V service to on community Thank you and keep those "Found" cats coming.
      43 words
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      Page 21 Advertisements Column 2
      126 21 WE'RE et ready v TAKING f OVER f J From the next issue. The Reservist will take on a brand new look. Bolder. Brighter Better. Times Periodicals will now be publishing The Reservist on behalf of the SAF Reservists Association (SAFRA) The bi-monthly magazine, which is sent to 95.000 men
      126 words
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  • Article, Illustration
    Hint of legislation to raise retirement age to 60
    588 22  -  NON-UNIONISED SECTOR SLOW AT RAISING AGE: YOCK SUAN By SHOEB KAGDA THE GOVERNMENT yesterday hinted at legislation to get employers to raise the retirement age to 60 as well as a possible review ot the Employment Act to encourage part-time work.
    588 words
  • Article
    Lock icon Non-Aligned Movement at a crucial stage: Suharto
    517 22 Agencies THE NON-ALIGNED Movement (NAM) must adapt to rapid changes brought about by detente between the superpowers if it is to play a full part in the evolving international situation. President Suharto of Indonesia said in Belgrade on Tuesday. In his address to
    Agencies  -  517 words
  • Article
    Lock icon Malaysian exports soar under pact
    148 22 AP MALAYSIA'S exports under the Asean preferential trade pact have soared in the past five years, Trade and Industry Ministry Secretary-General Ahmad Sarji Abdul Hamid said yesterday. Malaysia's exports under the agreement between the six Asean countries rose to M 5183.1 million in 1968 from
    AP  -  148 words
  • Article
    Lock icon 'Taiwan has little hope of cutting trade surplus'
    350 22 Reuter TAIWAN'S trads surplus is increasing and officials and economists said yesterday there was now little hope of cutting it to a level likely to appease US anger. Official figures released on Tuesday showed that the island's trade surplus jumped about 40
    Reuter  -  350 words
  • Article
    Lock icon Multi-million dollar case against Marcoses opens
    229 22 AFP THE FIRST of 34 civil cases seeking a total of US$95 billion in damages from deposed president Ferdinand Marcoe and his wife Imelda will open in Manila today, officials said. The couple will be tried in absentia after rejecting court summonses sent to
    AFP  -  229 words
  • Article
    Lock icon US should shed its 'Japan phobia', says Tokyo official
    328 22 Reuter, AP THE United States should shed its "Japan phobia" so that the two countries can join forces to lead the world economy, a senior Japanese official said yesterday. "We are at a turning point," Economic Planning Agency di-rector-general Maseru Yoshitomi
    Reuter,; AP  -  328 words
  • Article
    Lock icon Johor awaiting S'pore reply on water formula
    428 22 Bernama JOHOR has put forward a formula to Singapore on the project to provide additional water supply to the republic under the Malay-sia-Singapore memorandum of understanding initialled last year. Under the memorandum, the Singapore government will implement the project in Johor, Johor Menteri
    Bernama  -  428 words
  • Article
    Lock icon Importance of AIJV scheme
    109 22 Bernama THE ASEAN Industrial Joint Venture (AIJV) scheme provides an important strategy towerds achieving industrial development, a workshop in Kuala Lumpur was told yesterday. The director of the planning and international cooperation division of the Malaysian Industrial Development Authority, Mr Low Peng Lum, said the scheme,
    Bernama  -  109 words
  • Article
    Lock icon Comex gold
    79 22 Reuter COMEX GOLD futures firmed in early trading on scattered buying fuelled by the unrest in South Africa where blacks staged a nationwide strike to protest their exclusion from yesterday's general elections. In the first hour, December moved up US$2.OO at U*****.10 an ounce. Analysts said that dealers
    Reuter  -  79 words
  • LATE FILE
    • Article
      Lock icon G-7 to fight drug laundering
      31 22 Reuter THE WORLD S Mvan leading industrial democracies are to discuss ways of stopping drug barons from laundering their profits, the French government announced yesterday Reuter
      Reuter  -  31 words
    • Article
      Lock icon UK earned £14b from tourism
      25 22 AFP BRITAIN'S tourist industry earned a record £14 billion (US$2l.7 billion) in 1968, the Britiah Tourist Authority (BTA) said. AFP
      AFP  -  25 words
    • Article
      Lock icon Australian pilots to fly again
      34 22 Reuter AUSTRALIA'S domestic airline pilots offered to resume flying today on condition that genuine talks on their claim for a 30 per cent pay rise get under way. Reuter
      Reuter  -  34 words
    • Article
      Lock icon Seoul investigates tax evasion
      32 22 AFP SOUTH KOREA'S National Tax Administration (NTA) is investigating 255 foreign companies operating in the country for suspected tax evasion on stock transfers, the NT A said yesterday.
      AFP  -  32 words
    • Article
      Lock icon Kaifu likely to be PM for 2 years
      45 22 Reuter Hiroshi Mitsuzuka, a leader of Japan's ruling Liberal Democratic Party (LDP), said yesterday that he expected Prime Minister Toshiki Kaifu to stay in office for two years, and general elections to be called next April. Reuter
      Reuter  -  45 words
    • Article
      Lock icon Thousands protest in S Korea
      33 22 AP Thousands of students, workers end Buddhist monks calling for {he ouster of President Roh Tae-woo demonstrated yesterday in four South Korean cities in stepped-up anti-government protests. AP
      AP  -  33 words
    • Article
      Lock icon George Simenon dies
      18 22 AP Georges Simenon, 86, one of the world's most popular writers, died late on Monday.
      AP  -  18 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      184 22 This announcement appears as a matte* of record only. P.T. RAHARJA SEDA^A ASTRA CREDIT COMPANY U5560,000,000 Revolving Credit Facility Arranger Chase Manhattan Asia Limited The Chase Manhattan Bank. N.A. The Industrial Bank of Japan Lead Managers jan. Limited The Daiwa Bank. Ltd. Bank Niaga Managers Nederiandsche Middenstandsbank N.V. Co managers
      184 words
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      Page 22 Advertisements Column 2
      504 22 'Buyouts may Impair US PAGE 5 Tha silver report was not available at was lima •■INWIV |W WV NIIW What makes SHERRY the No.l IBM-compatible in Singapore. IVs time you know the inside story. Fast Service Response Count on speedy and efficient maintenance If tytr a SHERRY computer faults, well
      504 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Small rise in inactive tanker tonnage
        109 23 Reuter WORLD OIL TANKERS In lay-up, idle or under repair rose slightly to 1.87 million long dwt (19 vessels) last month from 1.84 million dwt (18 vessels) at end-July, London shipbroker Howard Houlder said. Combination carriers laid up at end-August were unchanged from the
        Reuter  -  109 words
      • Article
        Lock icon China opens harbour to foreigners
        63 23 AFP A NEW HARBOUR on the Yellow Sea has become China's 44th port to open to foreign shipping, the Ministry of Communications said in Beijing on Tuesday. Lanshan Harbour, 81 nautical miles from Qingdao City in Shandong province, includes four berths that can handle ships
        AFP  -  63 words
      • Article
        Lock icon Fourteen missing in sinking
        66 23 AP FOURTEEN SOVIET SAILORS were reported missing after a Finnish tanker collided with and sank a Soviet trawler in the Baltic yesterday. The 6,000-ton Finnish tanker Tebo Star sent out a distress signal immediately after striking the trawler Ladushkin, a Swedish coastal radio station reported. A
        AP  -  66 words
      • Article
        Lock icon Another go at refloating carrier
        48 23 Reuter NEW EFFORTS will be made to refloat the 17,825-dwt Panamanian bulk carrier Super Venture, which grounded off Porto Vesme, Sardinia, on Sunday, Lloyds Shipping Intelligence said. On Monday, two tugs failed to refloat the ship, which ran aground on submerged rocks. Reuter
        Reuter  -  48 words
      • Article
        Lock icon Repairs scheduled for box ship
        45 23 Reuter THE 28,977-DWT Brazilian container vessel Lloyd Atlantico, which was towed into Brest after its main engine broke down on Aug 30, sailed last Saturday for Rotterdam where permanent engine repairs will be carried out, Lloyds Shipping Intelligence said. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Hurricane Gabrieiie hits Carribean
        64 23 Reuter HIGH WAVES from Hurricane Gabrieiie, the most powerful hurricane of the Atlantic season, pounded the islands of the north-eastern Caribbean on Tuesday, sending residents scrambling to secure boats and stock up on emergency supplies. Forecasters said it was too early to predict Gabrielle's exact path
        Reuter  -  64 words
    • Article
      CGM and Nedlloyd to buy container ships
      162 23 COMPAGNIE GENERALE Maritime (CGM) and Nedlloyd Lines are set to buy two container ships from Chargeurs S A, a French transport and industrial group. The Tokyo and Paris, each with a capacity of 2,550 TEUs, are to be purchased under the lines' joint
      162 words
    • Article
      Index to advertisers
      880 23 ABC Containerize XI 5 Accord Shpg VIII 3/4 Arrow lines XI 5 ANl III 1/2 A PC line VII 5 API V ASCI V 1 Austosio line VN 1 Bolt Canada line IX 4/5 Bolt-Orient line IX 4/5 Baltic Orient Shpg XI 4 Bangladesh Shpg VII 2
      880 words
    • Article
      ANL set to defend turf with new regional office
      295 23  -  by John Spiers ANL HAS STAKED a claim against what it sees as increasing encroachment by foreign lines onto its turf with the opening of a regional office in New Zealand. The line, which has broken its previous joint venture with
      295 words
    • Article, Illustration
      Joint venture eyeing stake in S'pore bunkering market
      410 23  -  LQM PETROLEUM SERVICES SINGAPORE WANTS 10PC SHARE IN TWO YEARS By MARTIN SOONG INCHCAPE BHD has tied up with New York-based LQM Petroleum and the UK's Furness Withy in a bunkering brokerage venture to capture 10 per cent of Singapore's projected 12-million-tonne
      410 words
    • Article
      Local industry needs large pool of shipowners
      398 23  -  By RAHITA ELIAS SINGAPORE'S bunker broking industry can fully develop only if the Republic has a large pool of shipowners, says an international bunker broker. Mr ACosulich, managing director of Italian-based Fratelli Cosulich, said: "Our clients are the shipowners, and we go where
      398 words
    • Article
      Proposal for US ban on ships flying Panamanian flag
      289 23 A BAN on Panamanian-flag vessels sailing into US ports has been suggested as Washington seeks further ways of tightening the economic screws on Panama, according to Uoyd'B List. Such a ban would have far-reaching effects if implemented as Panama has one
      289 words
    • Article, Illustration
      Lock icon Stability is keyword in N Europe-Gulf trade
      1824 24 Little or no increase in container movements following end of Gulf war Containerisation International LINES operating between North Europe and the Middle Eastern Gulf generally agree that overall container volumes in the trade in the first half of this year has remained on
      Containerisation International  -  1,824 words
    • Article
      Lock icon Taiwanese skippers defying ban on direct trade with China
      791 24 Reuter TAIWANESE TRADING VESSELS are swarming across the sea to China apparently unhindered by a Taipei government still technically at war with Beijing. Thousands had come this year to unload cargoes in secluded coves along the coastline of China's south-eastern Fujian
      Reuter  -  791 words
    • Article
      Shipping events
      334 24 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 6-4 P I, Lloyd's of London Press shipping seminar. The Ramada Hotel, 10 Berners St, London Wl. Sep 7-10 International marine trades exhibition,
      334 words
    • Article
      Container schedules/Ships in port
      2017 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranatainar Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate Ambos Bridge 24 *****9 1900 07/1000 07/1100 NA 2 A5 00 F05 07,0900 07/0930 NA 2 C5 An Adeloide ***** 0909 89 1700
      2,017 words
    • Article
      Lock icon Australians puzzled by report of sheep deaths
      227 25 Reuter AUSTRALIAN LIVESTOCK OFFICIALS In the Gulf are puzzled by a report that more than 5,000 imported Australian sheep died of Malta fever in the United Arab Emirates (UAE). An Abu Dhabi official said on Monday that 5,300 quarantined Australian sheep in a
      Reuter  -  227 words
    • Article
      London Freights
      909 25 LITTLE business was reported in the freight market on Tuesday following a holiday in the US on Monday and rates were generally unchanged. The Baltic Freight Index (BFI) was marked up by one point to 1,429, with the key US Gulf/Japan heavy grain route index rate raised to
      909 words
    • Article
      SHIPPING LIST where your ships are due
      2818 32 aarhus Bonn Expreea, Trtot, Sap B<PK) Luna Maarsk. Maarsk Llna. Sap 6/7. Cardigan Bay. Trtot. Sap 7 Noraaia Princaaa. Noraaia Llna. Sap I Ming Comtort. Yang Ming. Sap 10. B Parmal. ScanOuteht. Sap 11. Evar Qrada. Evargraan. Sap 11. Banaldar. Trtot, Sap 13<PK).
      2,818 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      37 23 'The Illustrated Encyclopedia of Wildlife" Wild lift A Fort night /y at all good bookshops and news-stands f'% >?• BTF DMHbulora For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      37 words
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      Page 23 Advertisements Column 2
      18 23 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National VV&Ed Shipping Association.
      18 words
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      Page 23 Advertisements Column 3
      49 23 !,%*^=$]$.[<+=\{&%!+'=%*|&&'$'{ ON SALE NOW! BU tm m mam i jM IWt.^ t *Hyrrf Kf V V GOING GLOBAL Singapore Companies Eye The World Ala n I'po Chairman of »o Hiap Seng < Channelling talent Into RAD caieers v Smiles in the automation industry >opigrm First Capital Corporation, L M Group
      49 words
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      Page 23 Advertisements Column 4
      128 23 INSIDE •L«i ■wrsfti JfU M?* Pa i/e* Wfj-l L II LINES operating between North Europe and the Middle Eastern Gulf generally agree that overall container volumes in the trade in the first half of this year have remained on par or marginally above those carried in the same period last
      128 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      65 24 NOTICE NOTICE M.V. "PIONEER SEBBLAS" VOY.3 Arrived Singapore 25.08.89 Consignees of all damaged cargaes ex the captioned venal la hereby notified a General Survey will be held on the Bth September IMB (Friday) at KepP«l Wharves K 19 (torn 0900hrs laoohrs No further survey will be entertained thereafter. Agents: "K"
      65 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      929 25 OOCL ta C JAROINE SNIPPING AGENCIES 200 Cantonment Bom) #12 05 Southpo.nl Singapore 0201 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Til *****11 220 BOOKINGS Tel *****34 235 PESAKA JAROINE SHIPPING AGENCIES SON BMO TEL *****18 Tele. No. MA*****/MA***** PENANG TIL *****4 TELEX NO MA***** CFS tEL *****6 PGUOANG TEL
      929 words
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      Page 25 Advertisements Column 2
      1046 25 MAERSK LINE DESTINATIONS ThM wee* Lou CY Ifl 2300 I CFB IM 1300 ?IH,' I'M LOUIS M LAURA M LEXA M MCKMNEY LEDA M 13/9 14/9 tM 2m 2V9 27/9 3/10 4/10 IVIO 11/10 17/10 IVIO 24/10 25/10 31/10 1/11 Saited 9/9 14/9 16/9 21/9 23/9 28/9 30/9 VlO 7/10
      1,046 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      848 26 IL Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P. KELANG SOUTHAMPTON I HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP CARDIGAN BAY BENALDER KURAMA BENAVON TOKIO EXPRESS OSAKA BAY TOLAGA BAY ALSO ACCEPTING CARGO TO. ALL UK INLAND DOBLI N, COPENHAGEN. AARHUS, GOTHENBURG. MALMO. HELSINKI, OSLO, CONTAINER SERVICE FROM UK/CONTINENT BENAVON FRANKFURT EXPRESS TOKYO BAY kaoa
      848 words
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      Page 26 Advertisements Column 2
      436 26 COLUMBUS LINE REEDEREI GMBH < A SERVICE Of HAMBURG SUDI \y express semi container service to STOKE ROH/A'OAM NBC MULL (U.K.) 13-14/9 11/ M 15/10 19/10 13/10 1/11 13/11 17/11 WU 4/12 9/12 13/13 (ASIA-SOUTH PACIFIC JOINT SCRVICC) uTTTnTTriz WORE MORAY SANK VI2S In Pt Port Moreoby. Lao, Rateul. Ktata
      436 words
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      Page 26 Advertisements Column 3
      801 26 r L v LS2--V TO EUROPE NOUASIA PRINCESS BM4-3 SA M 8/9 300 Sflfl NORTH SEA VSR 13/1 143 15/9 10,10 12,10 NORASIA SINGA MM-3 2tV9 21-9 22/9 1710 1910 NORASIA AL-MUNTAZAH MZ7-3 2*l 27/> 29/9 24/lfl Alm accMttng carao to all U.K. Dwtkutions, Scandinavian (Aarlwa, CM REGULAR INDEPENDENT FULL
      801 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      716 27 Steamers Maritime Holdings Ltd Wo, p&0 Containers STRAITS SHIPPING CONTAINER SF.RVICF TO OK CONTINENT ROTA HAMAS PEGASUS PIONEER KGASUS PROGRESS VSHN Mm am am um vm mi w aw iv« mm am ana am an* om vm am mm am am am am am am BANGKOK BORNEO AGENCIES LTD. BANGKOK
      716 words
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      Page 27 Advertisements Column 2
      861 27 TXCHO YANG LINE WEEKLY EXPRESS CONTAINER SERVICE (ALSO ACCEPTING REEFER CARGOES TO FAR EAST) WESTBOUND QUEENWAY Ml MX OM CHOYANC PARK M* HAN JIN OAKLANO «0«« CHOYANC SUCCESS EABTBOUNP SPORE NK RAO Rl CHOYANC SUCCESS Ml 11/1 WWW NANJIH TONCHAE Ml 1M 11/» O/l W hanjir botteroam Ml 2VI mt
      861 words
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      Page 27 Advertisements Column 3
      18 27 PTE LTD Vmml Voy ETA TZU HANG VWOM 2M ANABAS VMO7S 271t TEL *****07 TLX ***** FAX *****76
      18 words
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      Page 27 Advertisements Column 4
      221 27 Hai Sun Hup Co (Ptr) l td .i; < STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFT! NOTC: ALSO CALLING OTMQt JAPAHfX POKTJ, HOW6KOW6, TAIWAN 1 CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime 1 (FOREST PRODUCTS SERVICE) T. NAM KK SP PK LOAMMFOR: COMORO MMO VFPS WW M MM- KTE/VAL
      221 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      590 28 TT n SINOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES WAN MEEAD PJI 7M 40 Sept lAN DAD ABBAS KYOWA LINE JA&TV7 ETA SPORE 11/19 SEPT "MICRONESIA PORTS DIRECT CALLS SUBJECT ON INDUCEMENT BASIS ANtyOft T/SHPT AT GUAM. J -AIL* MOTHER VSL HK LOADING FOR: "OCEANIA EXPRESS"
      590 words
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      Page 28 Advertisements Column 2
      570 28 HANJIN SHIPPING TO EUROPE VIA SUE! TO USA PACIFIC SOUTH WEST wT" v» S g ffi! S 5 TO FAR EAST PORTS TO PACIFIC NORTrI WEST CANADA rpvt I HM| IV» Ufl 1 CHOYANG SUCCESS IM HANJIN TONC MAC HK HANJIN MTTUOMI WC CHOVANC CHANCE MX 2ift i'"t" 1M 21/»
      570 words
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      Page 28 Advertisements Column 3
      103 28 INTEROCEAN LINE 78, 2nd Rooc, Jalan a/71, Taman Tun Or. MOM KL. Tat: 71M734. 7170M4, 71«72M TLX. MO. MA-37M3 FAX: «3-7173*11 Panang O# Ta4: *0427, 3M402 ACCEPTING CARGOES FOR THE FOLLOWING PORTS GUANGZHOU MARITIME r TRANSPORT BUREAU OF CHINA SOUTHEW line regular liner services (FORTNIGHTLY SAILING) HONG KONG PORT KELANG
      103 words
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      Page 28 Advertisements Column 4
      474 28 EVERGREEN m Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GOLDEN not aoti EVER MART EVU GENTRY ever CAT Hl* also accertirg i i) minium, i WILMNCTOH. I Q ATLANTA, OH) TVO BM. UN AMR RM FIX X 88 KTWMT. COLUMUI A OTtW MJM Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) VESSEL Stf JU HK FIX
      474 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      646 29 omrruiu lUHAO) iiiuisuaji □rpiciuuci 9 iooa PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES 222^2 n *rTT /T plpjSl ■■< MAJAPAHfT KOTA MCLATI OOWA KOTA MCLATI SIN t 7 1 MN POO HKQ UN M 8M M 1W an* vm ono CONVENTIONAL/SEMI-CONTAINER SERVICES
      646 words
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      Page 29 Advertisements Column 2
      515 29 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT i» n h m Ufl MX m ad at mm vi* an VM >l»l. n Um I U/M I*M !M «fl UM V* «m m m mm um KM V» l|» l(M MIM VM VM VM «M VM MfM UfM IVM IVM
      515 words
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      Page 29 Advertisements Column 3
      256 29 >v;~ O Mrl" r rr j > W, 1 f J t DJAKARTA LLOYD INDONESIAN NATIONAL LINE (A MEMBER OF ANRO) il HirV m ll f "I L, £'i'LVI&UXE& \2I» U/i an »n nn UK IAYMUTMSTn iJll.B.i ttgn tTM M 1 I <.. 1 1 A J FHA JA 1
      256 words
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      Page 29 Advertisements Column 4
      315 29 BOUSTEAD SHIPPING AGENCIES MYOMAYWA VU9V NPA-AN VIO* PAGAN VMM MYANMA FIVE STAR UME (Burmese National Line) Loading for Rangoon S port P.IUUnf Ptnang Bangkok n Aaa/i u$ %pum JS& THE BANK LINE NORTHBOUND TO UKC SPOt£ ROAM TAHAITAI SAMOA VIM 11/9 1/10 FORTH BANK V2SN 13/10 1/11 IVY BANK V2SN
      315 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      580 30 K LINE A KAWASAKI KIM KAISHA. 1 ID EXPORT AMBASSADOR MIDGE NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE IMPORT rr-TTTTT; t i i&tera i f ii nii.J li>>vi V rifll'.M mr*i 2 k [*1111 TACOMA VCR X mio nm 27 10 28/10 MOTHER VESSEL VOY BAY BRIDGE V golden gate bridge
      580 words
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      Page 30 Advertisements Column 2
      423 30 INDIA EXPRESS CONTAINER SERVICE IlLlUm FCUKL flllllllll Twp>in PJUN twmi tor MoMmt ftl #y fmtm fmtm kalioas».**r asm 1; v* 9 mm ■*•!■> I) TULSIOAS V.OT I Oct Oct 2 Oct Mm KALI OAS V«r INm 2MM 2MM MM SteitrfOwufci TULSIOAS V.441P 23 N» 17 Hn 17 Hn Mm kalioas
      423 words
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      Page 30 Advertisements Column 3
      254 30 CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA .li..!> ii i. 11£ 1&E OUAN GUAN SHIPPING SDN. BHD P. KLANC T«i: 03 307X1, 3HKK-7. Ttlti Ho: MA »710 PENANC T«l: M-OMV, 42**, 82*71 PASIR GUDANC T«i: 07 *****0 a T«ki: No: HA COCS4 KUANTAN T#»: 01-*****0 SCHEMER WEEKLY
      254 words
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      Page 30 Advertisements Column 4
      372 30 rniLl-UMIEH Lints ri c HtAD f 'JP HOB NSON "CT iM BUu D S SIN jAPQCf *F.? i O F* ft. > H- J 'i^. J T'il.-l 11-1 M WW 22/1 AiS En/nrntuani MS VALETTA, Fa a La mra.ua nw Is J ■1I'T1;-1 ITT* S'NAJ 3 ■TNLV rm war STOunav
      372 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      955 31 Agents Spore NEFTUE AGENCIS PTE. LTD tenant Bookmi ftmtiMi Inwart/ Tanwnal CfS ftEWAUST Outward *****22 *****53 *****19 *****16 *****11 *****41 Enquanaa *****77 (CR NO. **********0E) 1 k KMC9MM NEPTUNE ORIENT LINES LTD EXPORT ZZZ^KijTTJ SUEZ) FROM EUROPE/ IMPORT VM VBL/VOY PBN PEG BGP MOTH IS VBIWOY KrtaaTSlS 06AM 07/09 06/09
      955 words
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      Page 31 Advertisements Column 2
      813 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 18*241/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCMANG P. RKLANG ■USDS NAI TNONC SHIFTING 127 PwmStreal Panent MaUyu WS HANDLING SYSTEM CO SON BHD
      813 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      359 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TU 225 6868 (34 lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO DSR-LINES 1 EB DEU T FRACHT SEEREEDERE ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBE* OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE I I' I L'M 1 lgagagnajTrairniFa
      359 words
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      Page 32 Advertisements Column 2
      197 32 J3X jfti&mOK LINES MONTHLY LASH LINER SERVICE TO: New York, Norfolk, Baltimore, Philadelphia Charleston, Savannah, New Orleans, Mobile Pascagoula, Houston, Galveston, Beaumont Camden, Jacksonville FROM: Port Sudan, Karachi, Jamnagar, Bombay Cochin, Madras, Calcutta, Chittagong to S'pore t Port Kelang BELAWAN PKELANG S'PORE VSI VOY CLOSINC SAILING CLOSING SAILING CLOSING SAILING
      197 words
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      Page 32 Advertisements Column 3
      238 32 :^>>|`-,@@&-;]@[{^*{&`<(]}@([;. FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANGI SEMARANG/PANJANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA 12/9/89 ETD 20/9/89 Daily recervmg cargo at PPW/Jurong Port/Manna/Swibawang Perita Shpg Trdg P L Tel No *****25 Tlx <2*2 Fai *****86 PERITA CONTAINER LINE MV. ANGKASA JAYA ETA DOCK ETD DOCK
      238 words
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      Page 32 Advertisements Column 4
      367 32 IICO REGIONAL CONTAINER LINE! ASEAN PORTS BANGKOK SAILINGS A WEEK Co Ltd BKK (Tel: SINGAPORE Thur HOANA PACIFIC PtYA BHUM an 12/1 I Fri 13/9 TW 14* 17/9 Tut I l»fl Fri an JENLINK HOANA PACIFIC PIYA BMUN m v iL3 111 1.1 M.1 jj VllVnl JAKARTA 2 SAILINGS A
      367 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      157 32 Regional Weather '4 r j I 3J fl /^v !>*£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. SEP 7, 1989 *C yA a" Wmd doection with speed m knot* LEGEND: R Thunderstorm Temperature^ Weather Wmd direction with speed m knots Rom Wove height Cloudy Sky Surface winds are mdrcatad
      157 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      598 33 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 0 IRAQI LINE IRAQI STATt ENTERPRISE FOB MARITIME TRANSPORT EAST BOUND SERVICE ETA S'PORE LOADING FOR 1519 Iraq/Japan THROUGH B/U to BAGHDAD UPON REQUEST ACCEPTING CONTAINERS UPTO AO ABA A BAG ALSO ACCEPTIN6 CONTAINERS UPTO AQAIA A BAGHDAD REEFER
      598 words
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      Page 33 Advertisements Column 2
      331 33 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL *****33 (10 Line*) *****15 TELEX RS 3555J RISHIP (3 Lines) mmmaami VL£3jC SfSSS ACCEPTING FCL ANO CONVENTIONAL OAMCMALAAM MOMSAtA. OJNOUTI AMAI MAMAWA. HOOCOAH VOY 17VM AMAI MAMAWA. HOOCIOAM Other ports along the rout* workable on Inducement KIEN HUN 6 LINE FULLY CONTAINERISED FORTNIGHTLY
      331 words
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      Page 33 Advertisements Column 3
      766 33 P KELANG: U-*****3S PENANG: M 3C2W BANGKOK: *****21 HONG KONG: IM9IIII P.T. TANTO INTIM LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL LCL/FCL CARGOES i'i TANTO UTAMA TANTO UTAMA TANTO UTAMA KEELUNG KAOHSIUNG MANILA GENERAL AGENT:MAINFREIGHT (S) PTE LTD .4Z» TEL *****12 (6 LINES), PORT KELANG: TEL *****78/8 FOR SOC CAN
      766 words
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      Page 33 Advertisements Column 4
      232 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF LEUVE 9110 TIGER BAY 79N I YAMBURENKO *****9 CALABAR 7CCNB SUSAK MM TIGER BAY SIN LEUVE ttll CALABAR 77CNB E 20-23/9 21/9 VIETNAM SERVICES w w ■J. BRUM El. P. ITMMTH ALL LCUFCL ACCEPTABLE FOR COMPETITIVE LCL RATE COMTACT IF V k l.fr
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      Page 33 Advertisements Column 5
      122 33 IFARGO SHIPP, mU \~J~ ilii |l=iissEP=SE=ir= REGULAR EXPRESS FCL LCL SERVICE DESTINATION n'VY, PORT KEIANC (FCL WILY) HONC KONG KEELUNG, KAOMSIUNG JAKARTA (FCL ONLY) TOKYO. KOK, BUSAN (FCL ONLY) KARACHI, BOMBAY, COLOMBO (FCL ONLY) ETA SINGAPORE NONA PACIFIC MN l/l PIYA BHUM IIIN 10/1 SIRI BHUM dN LI/I KITI BHUM
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      907 34 I 111 iA i'A TO PBW MERCHANT MARINE CO., LTD EABTBOUND TO USA SIN HKG UN OAK SEA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE ue torn u/oo 02/10 os/io 00/io ice ic/00 am 09/10 12/10 u/io 20E 23/01 20/00 10/10 19/10 22/11 2K 30/01 05/10 23/10 21/10 21/10 27E 01/10 12/10
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      Page 34 Advertisements Column 2
      500 34 m JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST SRI LANKA/ INDIA CALCUTTA CMITTAQONC EUROPE/ UK s M All POSTS 7/i/n REGULAR CONVENTIONAL SERVICE T SWISS SHIPPING PTE LTD M Tatok BUackh Road 9*4/1. TMok BUamk Houm Stacaaor* MM. TM 7T3MM
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      Page 34 Advertisements Column 3
      377 34 o<* [QT. Mitsui O.S.K. Lines. Ltd I EXPORTS TO PSW CONNECTING AT |TO double stack trains eta xz 'i'i r 1 "i 101 i mi irrii IIUI 101 101 101 LJLJLJLJLJLJLJLJ ia 'JiiUi 3 OCIOOLIIIIOO J OOOOOLJQJ itj r l '"V),,i. 7 T ~IL7"'/ll □ISHDIIZIEIEILJbJ Of'""V I. J aaonrinnn |[7".IKZJ
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