The Business Times, 8 September 1989

Microfilm: NL16759
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, SEPTEMBER S, IMI 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    235 1 Footsie up LONDON share prices were stronger around midday yesterday after a rumoured Polly Peck rights issue surfaced below expectations. At 1111 QMT, the FT-SE 100-share index was up 17.7 points, or 0.7 per cent, at 2,408.5. AP Dow up WALL STREET stocks showed moderate gains overall,
    235 words
  • Article, Illustration
    STI Index breaches 1,400 mark
    251 1 THE SINGAPORE stock market broke through the psychologically important STII 1,400 barrier to a new post-Crash high yesterday. Elsewhere in the region, markets were mixed. The overnight fall on Wall Street and the softer Tokyo market failed to dampen investor confidence as the Straits Times
    251 words
  • Article
    US$ rise checked
    102 1 FOR the second time in three days, the world's major central banks intervened on foreign exchange markets last night to stem the rise in the US dollar. Dealers said the central banks of US, Canada, West Germany, France, Switzerland, Austria, Italy and the UK sold American dollars
    102 words
  • Article
    Tackle economic problems, urges Kan Seng
    315 1  -  NAM SUMMIT MEETING IN BELGRADE By JOHN THOMAS SINGAPORE yesterday called on the Non-Aligned Movement (NAM) to tackle economic problems which were becoming major threats to its members in a world where big power rivalries were undergoing a change due to economic constraints. Issuing
    315 words
  • Article
    Lock icon NAM tones down anti-Western stance
    124 1 Reuter NON-ALIGNED countries toned down anti-Western radicalism and stressed a pragmatic approach to solving the world s problems in a summit declaration expected to be issued yesterday. As they wound up a four-day conference in Belgrade, dele- gates said Yugoslavia, India. Egypt and other moderates
    Reuter  -  124 words
  • Article
    Shanghai hotel loan turns sour
    521 1  -  BANKERS TRYING TO RESTRUCTURE USS4OM LOAN By HONG LEE TIAM A US$4O MILLION loan, hailed by senior local bankers at its signing in 1965 as the first of many such deals to be arranged in Singapore for developments in China, has turned sour. The borrower,
    521 words
  • Article
    Lock icon Setback for S African ruling party
    191 1 AFP SOUTH AFRICA'S ruling National Party saw its support sheared off on either side in an electoral earthquake yesterday, clinging by its fingertips to the absolute majority it has enjoyed for 41 years. Its limited reform ticket of "meaningful participation" for the country's 25
    AFP  -  191 words
  • Article
    Lock icon Asia foundation sees modest slowdown in Pacific economies
    346 1 Reuter THE ASIA Foundation Centre for Asian Pacific Affairs forecasts a modest slowdown of economic growth for Pacific region economies this year and next year. The foundation has issued its preliminary outlook report for discussion at the Pacific Economic Cooperation Conference in
    Reuter  -  346 words
  • Article
    ATS Computercentre's plans not affected by US probe
    534 1  -  By JEFFREY TSANG A SOFTWARE company is pushing ahsad with its plans to sxport to the US despits the air of uncertainty surrounding softwsrs sxport there triggered by investigstions into alleged subsidies the Singapore Government gave to another local company. ATS Computercentre,
    534 words
  • Article
    Lock icon Suharto visits Soviet Union
    113 1 AP INDONESIAN President Suharto opened the first visit by an Indonesian leader to the Soviet Union in 25 years yesterday with s stop in the Central Asian republic of Uzbekistan, Soviet new agency Tass reported. Pravda praised President Suharto yesterday as "one of the major statesmen
    AP  -  113 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      158 1 riginal Hopsack slacks El Paso. USA Available at OG People s ParK. Orchard and Elite For the best in Sichuan and Seafood Dishes m 4. Steamed Red Fish with Soya Bean Crumbs Slltl* Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour some
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      Page 1 Advertisements Column 2
      218 1 Full report, PAQE 20 Regional Mkts, PAQE 22 World Mkts, PAQE 23 Editorial Comment 10 Question mark over benchmark Ausale pilots' strike ......10 Big losses in revenue The future of Hongkong 15 A common sense approach Teleview 2 Facts at your fingertips Information Technology 3 Govt to subsidise critical courses
      218 words
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      Page 1 Advertisements Column 3
      253 1 HS3MI BISMIWsi ■F.y Roller-coaster ride on River Kok SHOOTING the rapids at Thailand's River Kok is no mean feat, as one budding non-adventurer discovers in EjmcuUV LM—tyto tomorrow. Read about how he weathers danger, tuk-tuk rides and sinus problems to file a report on his watery roller-coaster ride. Also in
      253 words
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  • HOME NEWS
    • Article, Illustration
      All the facts at your finger-tips
      426 2  -  TELEVIEW TO OFFER DATA ON GOVERNMENT CONTRACTS By SANGEETA MULCHAND SINGAPORE businessmen pursuing government contracts will be able to get up-to-date information on public tender announcements through Teleview by year-end. Teleview the world's most advanced videotex system is an electronic information system that providee
      426 words
    • Article, Illustration
      More firms linking costs of input with final output
      341 2  -  INTERNATIONAL CONFERENCE ON PRODUCTIVITY 1989 By TAN KEE WEE THE 20th Century can be called the age of productivity because many organisations are more concerned about the whole process of linking the high coats of their inputs with the final output
      341 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1010 2 ARRIVALS Operator Swvk» number Local Hrnc From MAS GU SU MA OFA SAS SU GU THA SU SU GU SU T*Y MAS SAB SU SU SU FH SU MAS SU SU KLM THA SU GU RJA SU MAS THA CPA MAS PAS MAS MAS AUC AH KM
      1,010 words
    • Article
      Apple Computer setting up new office in Shenton Way
      324 3  -  By ABDUL HADHI APPLE COMPUTER Inc's aim for a stronger presence in Singapore may be realised sooner than expected with the opening of a new office here shortly. Apple Computer Singapore will serve as a support office for its $75 million
      324 words
    • Article
      SIA kicks off new series of holiday packages
      283 3 SINGAPORE and Asean travellers are expected to take to Singapore Airlines' new concept package holidays EZ Holidays quite easily. This is because the EZ (stands for "easy") series has been so tailored, said Andrew Chang, the airline's manager for market development. To
      283 words
    • Article
      Record tonnage of TSR tested
      120 3 THE AMOUNT of Technically Specified Rubber 20 (TSR 20) presented for sampling, testing and warehousing at the Rubber Association of Singapore (RAS) warehouse hit a record high of 2,479 tonnes last month. In a statement yesterday, the RAS said the record tonnage of such grade
      120 words
    • Article
      HDB inviting consultants to tender for PR, advertising projects
      253 3  -  By SANGEETA MULCHAND THE HOUSING snd Development Board is inviting consultants to tender for its public relstions snd advertising progrsmms. Ths successful consultsncy will plan and put into operation public relations and advertising programmes for projects such as the current retrofitting
      253 words
    • Article
      Emergency landing for plane
      57 3 AN RSAF PLANE on a training flight made an emergency landing In the sea near St John's Island yesterday morning. Both pilots were rescued. According to a Ministry of Defence statement, the Marchetti was on a routine flight when it developed engine trouble. The pilots are
      57 words
    • Article
      SMEs for Osaka furniture show
      220 3 FIVE small- and mediumsized furniture companies will be participating in the International Home and Living Show in Osaka next week The show, from Sep 13-15, is coordinated by the Singapore Manufacturers' Association in cooperation with the show's organiser, Nihon Keizai Shimbun. It is part of
      220 words
    • Article
      Diplomatic ties
      35 3 SINGAPORE has established diplomatic ties at ambassadorial level with the Republic of Kiribati, according to a statement by the Ministry of Foreign Affairs yesterday. Kiribati is a group of atolls in the midPacific.
      35 words
    • Article, Illustration
      Government to subsidise certain critical IT courses
      410 3  -  MOVE TO FILL SHORTAGE OF PROFESSIONALS By JAYARAM MENON INFORMATION technology (IT) professionals can now expect government subsidy for certain critical IT courses. The move is to fill a shortage of IT professionals in key areas, said Yeo Khee Leng, divisional director (industry)
      410 words
    • Article, Illustration
      S W International to provide software for National Skin Centre
      383 3 LOCAL SOFTWARE company. SW International, is to provide the software for the second phase of the National Skin Centre's computerisation programme. The contract, said to be worth between $150,000 and $200,000. comes close on the heels of the first deal
      383 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      88 2 INTRODUCING PRIMEFIELD'S CD-WORM DOCUMENT MANAGEMENT SYSTEMS the cost-effective solutions for vour filina needs CD-WORM PERSONAL Document Management System urn mm m CD-WORM STAR (System for Tape Archival and Retrieval) d m I *II II lilt I• I i ii» 11 it t iti »»< Come see Singapore's first ever optical
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      Page 2 Advertisements Column 2
      40 2 The buune« penon't choice every Tueaday, Thurwfay, Saturday and Sunday. Lovum Qunc Airport at 22r05 hour* and arnvrnj at Later B. Ptanon Intemattonal Airport the Bbwi day. CtUvour Trrvtl Agent or Air Cmad* M 7i2tSSS. A BREATH OF FRESH AIR
      40 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      395 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
      395 words
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      Page 3 Advertisements Column 2
      89 3 JCL congratulates SW International Systems Re Ltd on the launch of ParaMedic It's less than a year since we got together with Scientia-Whitehorse of Australia and a group of Singapore computer professionals to form SW International Systems Re Ltd. And already our joint venture partnership has produced its first major
      89 words
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  • FOREIGN NEWS
    • Article
      Lock icon Most CEOs favour value-added tax to help reduce deficit
      352 4 MIXED CONCLUSIONS ON VATS DRAWBACKS: SURVEY AP MORE THAN 40 per cent of US chief executives favour a val-ue-added tax to help reduce the US federal deficit, according to a survey report released last Wednesday. But the report by the Conference
      AP  -  352 words
    • Article
      Lock icon France to lower top VAT rates from 28pc to 25pc
      268 4 AP FRANCE has decided to lower its top rate of value-added tax (VAT) to 25 per cent from 28 per cent, government spokesman Louis Le Pensec has said. The tax cut will affect the sticker prices of new and used
      AP  -  268 words
    • Article
      Lock icon US to take time to open South Korean agricultural market
      322 4 AFP THE UNITED STATES will not rush South Korea into buying more US agricultural products because of the extreme sensitivity of the issue, a US official said in Seoul on Wednesday. "We realise all too well the extreme sensitivity of
      AFP  -  322 words
    • Article
      Lock icon Asean committee to discuss trade report
      433 4 Bernama THE ASEAN STANDING COMMITTEE will discuss a report on proposals to strengthen Asean-South Korean cooperation in trade, investment and tourism at its meeting in Jakarta on Sep 20-22, a senior Wisma Putra official said yesterday. The report was drawn up at the first
      Bernama  -  433 words
    • Article
      Lock icon Some things cheaper in Tokyo than in New York: Miti
      348 4 AP TOKYO IS NOT neceesarily the world's moet expensive city when its prices of cameras. video caaaette recordera and aome other commodities are compared with thoee in New York, a government agency said on Wednesday. The Ministry of International Trade
      AP  -  348 words
    • Article
      Lock icon Most people In Tokyo area avoiding inheritance tax
      163 4 AP ALL BUT A FEW. or ofc.s par cent of 3,820 Inheritors of assets invoetigatad Jay tax officials in the Tokyo area this year were fotfid to be evading inheritance taxee, the Tokyo Regional Tax Administration Bureau said on Wednesday. The bureau
      AP  -  163 words
    • Article
      Lock icon Foreign car sales in Japan rose 39pc in August
      283 4 Asahi HELPED BY Japan's robust economy, foreign carmakers are continuing to enjoy record sales, posting a 39.1 per cent increase in August over the same month last year, a car industry association said on Wednesday. Sales of foreign-made vehicles, mostly passenger
      Asahi  -  283 words
    • Article
      Lock icon Team seeks to boost Nepalese exports
      380 4 AFP PREMIER Marich Man Singh Shrestha has convened a high-level meeting to seek ways of promoting Nepal's exports as the nation's private industry faces a complete shutdown, officials said. An official of the Exportable Goods Development and Export Promotion Council (EGDEPC) said the group
      AFP  -  380 words
    • Article
      Lock icon EC calls for speeding up of single market preparation
      248 5 AP THE EUROPEAN Commission has asked the European Parlia- ment to help in forcing EC mem~c ber states to speed up the preparation of the single Europe- an market, scheduled to start at the end of 1982. "The Commission is seriously
      AP  -  248 words
    • Article
      Lock icon Britain urged to take close look at financial ties with South Africa
      295 5 AP BRITAIN should take a "hard look" at its financial links with South Africa, Canadian Foreign Minister Joe Clark said on Wednesday. Mr Clark indicated at a London news conference that Britain's 47 Common wealth partners would pressure
      AP  -  295 words
    • Article
      Lock icon Bonn willing to help Poland but cautions against expecting too much
      271 5 AP WEST GERMAN industrialists and bankers told Solidarity leader Lech Waleea on Wedneeday that they wanted to help revive his country's battered economy, but said Poland waa expecting too much too soon. Mr Waleea told reporters he understood West
      AP  -  271 words
    • Article
      Lock icon Malaysia open to idea of Asean free trade area
      404 5 AP MALAYSIA Is open to the formation of a free trade area within South-east Asia, a senior trade ministry official said on Wedneeday. Rahman Hussein, Senior Assistant Director of the International Trade Divieion of the Ministry of Trade and Industry, said
      AP  -  404 words
    • Article
      Lock icon Tokyo direct investment in KL still small
      341 5 Bernama JAPANESE direct inveetment in Malaysia so far repreeents only one per cent or US$l.B billion, of its total oversees direct inveetment of U*****.4 billion, aa of March 31, 1969, a conference in Petaling Jaya was told on Wedneeday. Japaneee investments were in
      Bernama  -  341 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      325 4 OFFICE AUTOMATION BUYERS' GUIDE. A RARE OPPORTUNITY TO OFFER YOUR SOLUTIONS IN OFFICE AUTOMATION By listing in Singapore s first Databank on Office Automated Equipment and Services At no cost! Manufacturer, %epresentives, tDistributors fc c Product 9{ame and Code o\[umber Take advantage of this rare opportunity of talking directly to
      325 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      120 5 X r 4** i «k 1 .:-4t. vSP j D J t >c V >• If ii *«s i:.5%' N V BRAKING WITH TRADITION. i- v w, 2 ipp f 2* W**v ~Vv T &-4NKiia v 3 .Hi 7 < K| vr «ap n" ter f VM KB v >*
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      75 5 Global tnmpnraturns OUTLOOK: Skowtrt MMN In 16/10 Cloudy 31/20 Cloudy Igpoft for 24 hours prior to 7.30pm on Sep 7 at tfw Hro of wwWw. 9.08 RoMoll In ml NN RoMoN Mo ntfh tlj milny dsyo m*% 4 Mexico Oty 18/04 Ooar 21/14 Cloudy 33/24 Ooar 18/14 Cloudy 28/19 Ooar
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      75 5 Doonesbury 600P AFTB&OON. I HAVE A dftJBF ANNOUNCEMENT T) MAKE. TOGA/ ATII OS AM., MRS. BUSH BNCDUNT&ED A LARGE FAT HJHI LB SUMMING IN THE MHTTZ HOUSB POOL- t*i n m M. t X 3 ?K fir mm I BY GARRY TRUDEAU Arm CONSULTING UrfHTHe appkphaie members of cdnGR&S, &P
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  • FOCUS
    • Article
      Lock icon No power sharing or democracy
      1005 6  -  THE CAPITALIST CHALLENGE VIETNAM As communism in the Soviet Union and Eastern Europe faces the challenge of capitalism, Vietnam has roundly denounced Poland and Hungary for allowing non-communists to carve out a share of power, reports MICHAEL RICHARDSON of the International Herald Tribune. The two
      IHT  -  1,005 words
    • Article, Illustration
      Lock icon Winds of change bypass Prague
      975 6 CZECHOSLOVAKIA NYT IN A TIME of dramatic change in much of Eastern Europe, "no dramatic change in the situation in Czechoslovakia can be expected", a government spokesman insists. "Dramatic" is the key word Communist Czechoslovakia, unlike Poland and Hungary, is not going to ask the
      NYT  -  975 words
    • Article
      Lock icon Communist leaders ponder over the Polish lesson
      901 6 HUNGARY NYT HUNGARY'S communists are following with understandable concern the troubles of the Polish Communist Party, which recently lost its hold on the government after four decades of absolute control. But the Hungarians say they are not having nightmares about meeting the same
      NYT  -  901 words
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      0 6 %-),!-_+/{")_,>/;=*!]"[!,@)'(@+
      0 words
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      Page 6 Advertisements Column 2
      47 6 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 tjade in value at our showroom. Auctioneers Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd
      47 words
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  • COMMODITIES
    • Article
      Palm Oil
      487 7 MALAYSIAN CRUDE PALM OIL FUTURES closed firmer in moderate trading yesterday following the gains on the Chicago soybean oil market. Dealers said news that India would temporarily suspend its tender for the CPO had no impact on the market. The market opened slightly higher and short-covering towards the
      487 words
    • Article
      Wheat
      89 7 CHICAGO BOARD of Trade soft red winter (SRW) wheat futures settled mostly lower under commercial selling pressure on Wednesday. The market opened higher. Buying interest waned during thinly traded midsession dealings. Wheat closed down two cents in the distant July contract to up 1/8 cent per bushel in March.
      89 words
    • Article
      London Markets
      289 7 London Commodity Exchange Buyer/Seller dosing prices on Sop 6 (£/tonno unlew specified). Previous dosing prices in poronthesls. CqBii Bosh In-storo London, toNon option OF London Sop 792/900 (770/775) Hfeh/Low 790/767 Nov 807/810 (796/798 High/Low 810/785 Solo* (6019) Sop 748/751 (758/760) tflgh/Low 754/738 Doc 805/806 (813/814) Hfch/Low 813/793 Solo*
      289 words
    • Article
      Soybean
      56 7 CHICAGO BOARD of Trad* soybean futures settled higher, extending early gains on shortcovering on Wednesday. News Taiwan would re-tender for up to 19,000 tonnes of US yellow soybeans strengthened the market the morning and underpinned prices throughout the afternoon. Soybeans cloeed up 6-1/2 to 3-1/2 cents per bushel, with
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    • Article
      KL Tin
      178 7 FURTHER shertoovartog and OT damand saw tha Kuala Lumpur Tin Markat prtca Item 11 canto la MS23.IS a kg ysstorday, brakars uld. Opsntng Mgh Mda of 206 tonnaa varaus oflars ol #4 and Mm rtaa an In London Matol Exchanga vara factors umatoudng to Mm Mrmnsss, «wy said.
      178 words
    • Article
      Produce Prices
      187 7 Chinese Produce Exchange S#ll#n' noon cioiln^ S prtaM on Sop—boc 7 (S$/100 kg) Coconut oil Mi FOB 93.00 Od drum FOG 10X00 Now drum FOB 107.00 Copra Mixed (low) 50.00 Poppor Mynlok wtii99 FOB NLW 490.00 Mrawai villi FOi foq NLW ***** Soiuwuk «p*ciol Mock FOB NLW 375.00
      187 words
    • Article
      Rubber
      315 7 BMQAPORE: Rubber prices dosed marginally higher with October 1 RSS buyer quoted at 170.00 cents a kg yesterday. Dealers said pricea roee slightly on light buying interest and short-covering in ths afternoon. Trading was thin. On the TSR-20 Award market, prices were little changsd in quiet afternoon trade due
      315 words
    • Article
      SSR and SMR
      78 7 (canti/kg) OCTO •at 1989 1989 RAS (curra N Ivywi nt month) OON S*n ■rd month) OON llhn SSI 30 154 JO 1 54-50N 155.50 157-SON SSI 50 15X50 154J0N 153-50 155 JON MRELB luym b)w« MM SMI CV 220-50 222-50N 222-50 224J0N SMI I 220-50 222J0N 222.50
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    • Article
      RAS and MRELB
      269 7 RAS prices i» s com* k NOON >B labaloo aosc K 1 RSS Prompt b« 1 RSS Oct b* 1 RSS Nov bit 2 RSS OP tot 3 RSS OP tot 4 RSS OP IM 5 RSS OP Goring ton*j Qui 168-50 169 JO 171 JO 167.00
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      218 7 "So what do you think of my new Cefiro? he asked me Without waiting for a reply he enthused, This car has everything. Multi-Link Rear Suspension, an Anti-Skid Braking System, one-of-a-kind projector headlamps and features you wont find on even the most prestigious European luxury sedans' Yes, yes, I answered.
      218 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Crude Oil and Products
      149 8 Telerate FUEL oil prices were stable in light dealings yesterday. Bids and offers were caught in a tightrange. Traders were sidelined with many busy preparing for an industry conference next week. Offers for Sep CST-180 lots held out at US$B9 per tonne fob Sing. Prompt CST-180
      Telerate  -  149 words
    • Article
      Forex markets
      1612 8 SINGAPORE: The US dollar closed firmer against most currencies on short-covering and speculative buying after active but nervous trading yesterday. It rose to 147.05/15 yen from New York's 146.06/16 close and to 1.9880/90 marks against 1.9745/55 marks. Dealers attributed the dollar's rise to a Tokyo wire service report
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    • Article
      Asian dollar market
      167 8 ASIAN DOLLAR deposit rates ended at their opening levels in quiet trading yesterday. US$ 7 dayi KjrreK 9 MU S7/S 1 month 9 1/16 S 15/16 2 9 1/16 S 15/16 3 naria 9 1/16 S 15/16 6 iwurftw 9 7/S 9 —<■ 15/16 13/16 12 HIMIlhi
      167 words
    • Article
      Lock icon Simex
      530 8 Reuter EURODOLLAR futures closed steady, after fluctuating within narrow ranges in quiet trading on Simex yesterday. The market lacked fresh factors and brushed aside a sharp rise in US vehicle sales in late August. Operators are waiting for next week's release of a batch of US economic data to
      Reuter  -  530 words
    • Article, Illustration
      World interest rates
      186 8 Indicates Km ivtriQC of ">• pnmf tenoing rliti Of 12 motor bonks In S'poro Interbank market r atee (offer/bid) on Sep 7 us$ DM SWFC Y«n 7 1 3 6 12 Inn i7/i •7/i t 7/» 7/» IS/14 13/14 14 13 7/# 14 1/14— 13 IS/14 14
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    • Article
      Options
      1284 8 CURRENCY FUTURES OPTIONS Thursday, September 7, 1989 DEUTSCHE MARK (SIMEX) Oep 88 caNa Sap 88 pMli 53 53 54 165 265 365 JAPAN ESE YEN (SIMEX) Oep M caNa HMi Law See Sae M puM Leer See 71 73 73 75 1 E 395 495 69S CURRENCY FUTURES OPTIONS
      1,284 words
    • Article
      IMM
      217 8 IMM currency futures finished s calm afternoon higher and near mid-range on Wednesday. After the initial rise, a dearth of fresh fundamental factors sapped futures of momentum and kept nearby contracts inside ranges in cautious activity. The prospect of a rate hike by West Germany diminished further after the
      217 words
    • Article
      Comex gold/silver futures
      174 8 Gold futurM on September 6, 1989 100 tray Opgn ouncn USS par troy ou Mod Low ncs 3^1.30 361.30 ***** ***** 2.00 Oct 36X90 363 80 362.20 36X70 365JO 2.00 2.30 0« Fab 366.30 367JO 366.20 367.40 2.30 370.00 371.30 370.00 371.30 2.40 i M 374.90 375-50
      174 words
    • Article
      Money markets
      55 8 THE overnight rate on the Singapore money remained unchanged at 5-1/4 per cent yesterday Term rates were afto unchanged. S$ In* arbor* rat*t at th« dot* y rln^. •ST^foay: OffCB MO cw■tr, S 1/4 5, viL* S 1/4 "i 7-ma*lk S 1/4 5 1/1' 3 5 t/4 Jl/I'
      55 words
    • Article
      Government securities market
      98 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity BID OFFER HKX LOW 3 months BQ*****V 7.12.89 4.33 4.28 4.28 4.28 6 —1» BS*****V 18.01.90 4.20 4.15 1 year BY*****F 24.05.90 4.33 4.28 Government notes end bonds Period Issue Maturity Coupon Yesterday's dosing Day's code rate BID
      98 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      47 8 ITALIAN ORIGINAL Collezione NOVA Reception Lxjunge Chair Size cm 75L x 72W x 81H Colour Black 4*QQA Genuine leather %pOO\J U U dsegno collezione Pte Ltd Our new address World Trade Centre *02-50. Singapore 0409 Tel: 271 6611 Fax: 271 7711 (Business hour 12 noon 8 pm)
      47 words
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  • BANKING AND FINANCE
    • Article
      Lock icon May-July currency intervention biggest by US in 10 years
      446 9 AP THE US government carried out one of its largest currency interventions from May to July to stem a rise in the US dollar spurred by firmer interest rates and political turmoil in China, a report said on Wednesday. The US
      AP  -  446 words
    • Article
      Precious Metals
      445 9 HONGKONG: Gold cloeed lower yesterday in quiet trade on a firmer US dollar. Dealers said foreignexchange investors had shrugged off the belief that the Bundesbank would raise interest rates at a regular rate meeting yesterday. "Follow-through selling by European investors and local profit-taking pressured gold this afternoon," a
      445 words
    • Article, Illustration
      Lock icon Italian bank to sue Atlanta branch head
      341 9 AFP NYT BANCA Nazionale del Lavoro (BNL), Italy's biggest stateowned bank, is to sue the nowsuspended director of its branch in Atlanta. Georgia, over massive unauthorised loans estimated at up to US$2.5 billion which he made to Iraq, the bank has said in
      AFP; NYT  -  341 words
    • Article
      Lock icon UK Treasury working on alternatives to Delors plan
      358 9 FT THE UK TREASURY has been workinfl on marketbased alternatives to the Delors plan for European economic and monetary union ahead of this weekend's informal meeting of European Community finance ministers in Antibes, France. Two principal ideas have been submitted for consideration
      FT  -  358 words
    • Article
      Lock icon Swiss Life acquires Pioneer Insurance
      220 9 FT SWISS LIFE, the largest Swiss life insurance company, is to acquire Pioneer Mutual Insurance of Liverpool in a deal which highlights the continuing shake-out in the European insurance market. Swiss Life said the acquisition was intended to strengthen its position in the UK and
      FT  -  220 words
    • Article
      Volume of cross currency trading expected to double
      400 9  -  BANKS, MONEY BROKING HOUSES COMMITTING MORE RESOURCES By SOH HANG KENG Financial Correspondent THE VOLUME of cross currency trading in Singapore's foreign exchange market will doubla within the next 12 months, bank treasury managers predicted yesterday. Banks and money broking houses are
      400 words
    • Article
      Lock icon BOJ warns of securities risk
      157 9 AFP THE BANK of Japan has warned that the growing reliance on securities at the expense of traditional bank lending poses new risks which require close monitoring by financial institutions. "Appropriate management of such risks is becoming even more important in order to smoothly promote
      AFP  -  157 words
    • Article
      Lock icon HK financial houses cautious about long-term China deals
      508 9 IHT FINANCIAL houses in Hongkong report business as usual in daily activities in China, though a cautious attitude prevails on long-term deals following Beijing's crackdown in June on the pro-democracy movement. Most foreign financial institutions in the British colony are maintaining their
      IHT  -  508 words
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      313 9 BANKING FORUMS 25-26 October The Regent Singapore An authoritative forum on crucial strategic issues and the challenges of greater competition: Banking Developments in Asia and their implications for Singapore: Deregulation of Banking in Indonesia Thailand Challenges Facing New Foreign Entrants Changes to Banking Law in Malaysia The Opening of Japan's
      313 words
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      385 9 o 0 0 "J. il K it^ QUESTFOR PERFECTION it your quest fur play improvement is tied at love don t drop the game Change your racket You see there are m.tny wide bodied rackets which might you m i ased power but not the ball i.niroi and accuracy, you
      385 words
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  • PERSPECTIVE
    • Article
      Question mark over benchmark
      519 10 THE DBS group's offer of a loan package to finance residential properties with leases of less than 75 years has raised an interesting issue why is there such a benchmark in the first place, and what Is its rationale? Several executives of banks and finance companies
      519 words
    • Article, Illustration
      Australia's problem in the air
      1267 10  -  The pilot strike in Australia is causing a financial drain Down Under. Officials in the tourism business reckon that their revenue losses are piling up at the rate of As4o million a day. The government's hard-line stance is likely to continue, but can the country
      1,267 words
    • Article, Illustration
      Foreign carriers flying to the rescue
      400 10  -  by Florence Chong TWO WEEKS AGO, Singapore Airlines (SIA), along with other foreign carriers. went to the rescue of thousands of domestic travellers who found themselves stranded in Australian cities. The Australian government partially restored the right of carriers to pick up passengers within
      400 words
    • Article, Illustration
      Lock icon Taking a Japanese look at US trade complaints
      633 15 NYT THE FIRST SESSION of the Structural Impediment Initiative (Sll) talks held in Tokyo on Sep 4 and 5 haa provoked some prominent business leaders to criticise US attacks on established business prsctices in Japan, and provided a valuable opportunity to the
      NYT  -  633 words
    • Article
      Commonsense approach to HK
      1542 15 EVENTS in China have rsised •gain, in many people's minds, the queetion whether Hongkong haa a future. Sarious concern has led many to vote with their feet; an emotional reaction which, like all emotional reactions, is difficult to overcome. Commoneenae, at least, requiree that the future
      1,542 words
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      Page 10 Advertisements Column 1
      7 10 Keep your investment decisions on target I
      7 words
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      Page 10 Advertisements Column 2
      228 10 ALFRED LAWRENCE TRAINING FOR THE ROARING 90s This seminar qualifies for4CEUS INTRODUCTION This seminar/workshop will give you new insights and innovative methods in approaching training for the 90s, that should prove to be an asset to all trainers, training consultants and educators, who see their future worth in expanding their
      228 words
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      386 11 to Singmarine Industries Limited on the successful completion and delivery of asooodwt tanher to Thai Oil Compary Limited GAYLIN TRADING CO. CPTE) LTD SHIPCHANDLER SPECIALIST 17 Joo Koon Way, Jurong, Singapore 2262. Tel: 861 3288 (10 lines) Telex: RS ***** GAYLIN Fax: 861 5433 Cable Add: GAYLINTRAD After Office Hours:
      386 words
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      390 12 Another significant milestone In our shipbußcting track record The delivery of Singmarine Industries Limited, through its subsidiary, Singapore Slipway Engineering Co (Re) Ltd, is delivering a 5,000 dwt clean product tanker to Thai Oil Company Limited today. The Company is happy to win the newbuilding contract from Thai Oil Company
      390 words
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      681 14 to Singmarine Industries Limited on the successful completion and delivery ofasooodwt tanher to Thai Oil Company Limited *pfm m I CKimMEEBI Bornemann >_ ENGINEERING PTE LTD For your Pumping, Fltretion and Mixing Requirements o Tractors Singapore limited A member of Ifw Sana Darby Group oc ALFA-LAVAL MARINE €r POWER (S)
      681 words
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      146 15 DON'T LIMIT YOURSELF TO ONLY ONE POINT OF VIEW. •«k 1 k >.2?# v IK <> ;vv BP 3 H. um >- UK c fe HV. 51 m L v K #> N SaX 1 m m ■<> m 5* *V > SSi 4 V* kp w ~4m A 4
      146 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      31 15 BnStcW: TmrxK lic^r£ OH TVvc FIRST D*V 1 Lff T -wc Hcrtet-. oe»4T DOIOM TO Wfc 3fc*CH P»4D comtcfei) so SMELLS. 'yJATPLC. wmFu.t V UWU. pyFruc Got this Kdr we*T 3fes
      31 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Festival featuring what Ike wouldn't like
      631 16  -  MUSIC By WILL CRUTCHFIELD NYT JATE IN THE EVENING of April 5, i960, Leonard Bernstein found himfeif in the East Room of the White House face to face with President Dwight D Eisenhower, awkward silence all around. He also found the title for a
      NYT  -  631 words
    • Article, Illustration
      Lock icon A master weaver of mysteries
      871 17 OBITUARY Reuter GEORGES SIMENON, who died on Monday at 06, waa one of the century's moat prolific writera, pouring out hundreds of detective novela and thrillera that delighted intellectuala as well as mystery fans. His greateat creation waa the benign, pipe-amoking Inspector Maigret, a hero
      Reuter  -  871 words
    • Article, Illustration
      Lock icon A record-breaking season for Hollywood
      595 17  -  CINEMA By MATTHEW HELLER Reuter WITH BATMAN winning the battle of the blockbusters and several films doing surprising business, this summer has been a record-breaker for Hollywood. For the first time, five films grossed more than US$lOO million each in a season that surpassed the
      Reuter  -  595 words
  • Page 16 Advertisements
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      959 16 Where tv entertain,,, Where tv entertain... Where tv entertain... Where ft? FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and
      959 words
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      Page 16 Advertisements Column 2
      181 16 M LOVE AffAIR IN GUANGDONG UIUJ Thirty-three fIILJ tempting dishes iSS? 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 1 -30 Sept
      181 words
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      153 17 A Taste Of The Maj. Indulge in the rich culinary traditions ofexotic India thu* September. The Cafe-in-The-Park introduces a ten-day sizzling North Indian Cuisine Experience from Sept. 4to 13 for dinner only. Feast on a spicy spread of Buttered or Tandoori Chicken, Fish Atasala, Shish Kebab, Cucumber Raita, Red Lentils
      153 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      637 17 CRYPTIC PUZZLE 4 Forward a certain way in road-building (6) 7 That classic labourer (8) 8 Element functioning in reproduction (6) 10 Wounds in the most absolute way (5) 13 He lacked brotherly love (4) 14 Half built place? (4) 15 Catherine got her standard right (4) 16 Finished five
      637 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1233 17 TV and RADIO w Murder in the hills z f 4 Richard Crenna (from Ml), Billy Zane and Dannlt Of uvw ntiF3PO€ otrmnyfon Farina In 77m OUR CHOICE THE CASE OF THE HILLSIDE STRANGLERS, 10.30pm. SBC 5 Ten young women were murdered within five months in 1977 and their bodies
      1,233 words
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  • SPORTS
    • Article, Illustration
      Torres clinches Ladies Open title
      574 18  -  GOLF By CHARLES SAVAGE SYLVIA TORRES says her golf bag is her boyfriend. She also dreams of turning pro, perhaps next year. She won by just a stroke the Singapore Ladies Open yesterday with a 54-hole 230 after fending off charges by the other three
      574 words
    • Article
      Lock icon Minoza leads in M'sian Masters
      323 18 Bernama FRANKIE MINOZA of the Philippines yesterday shot a sizzling first round eight under 64 in the US$l5O,OOO Rothmans Malaysian Masters, just a stroke outside the course record, at the Royal Selangor Golf Club in Kuala Lumpur. the 29-year-old in-form golfer, runner-up last year and
      Bernama  -  323 words
    • Article
      Lock icon Glasson hopes for some relief
      190 18 AP AN AILING Bill Glasson is hoping to find some relief at the BC Open in New York, where he won in 1988 and has always played well. The US$5OO,OOO tournament began yesterday at the En-Joie Golf Club, a 6,966-yard, par-71 course. Top prize is
      AP  -  190 words
    • Article
      Lock icon Canadian heavyweight revives career
      161 18 SNOOKER AFP HEAVYWEIGHT Canadian snooker star Bill Werbeniuk has been given the chance to revive a career which seemed finished after his expulsion over a drug wrangle last year. The 42-year-old was banned by the World Professional Billiards and Snooker Association 15 months ago when he
      AFP  -  161 words
    • Article
      Lock icon Hoch's chance for revenge
      94 18 AFP AMERICAN Scott Hoch, who lost the US Masters title to Nick Faldo in a play-off earlier this year, has a chance for revenge in the European Open, which started in Walton Heath yesterday. Hoch is among the entries for the £350,000 tournament, which has been
      AFP  -  94 words
    • Article
      Lock icon Record 40 countries to compete in Federation Cup
      308 18 TENNIS AP LED BY the top-seeded United States and defending champion Czechoalovakia, a record 40 countriea will compete in the Federation Cup Tennis Tournament, the women's version of the Davia Cup, in Tokyo in October. Organisers said on Wednesday that the tournament
      AP  -  308 words
    • Article
      Lock icon Ciaveyrolat wins toughest stage of Tour of Catalonia
      172 18 CYCLING AFP THIERRY CLAVEYROLAT of France won a sprint finish of the fifth and toughest stage, the 168.8 km from Manresa to Port del Comte, of the Tour of Catalonia on Wednesday with Spain's Marino Lejarreta taking the overall lead. The stage
      AFP  -  172 words
    • Article, Illustration
      Lock icon Prost to switch from McLaren-Honda to Ferrari
      364 18 MOTOR-RACING AP FRENCH VETERAN Alain Prost, nicknamed the Formula One "professeur" (or his racing skill, will drive for the Italian team Ferrari next year, officials said on Wednesday. The long-expected announcement was made by Ferrari in a terse communique. The 34-year-old Frenchman, a
      AP  -  364 words
    • Article, Illustration
      Lock icon Graf defends easy victory
      290 18 US OPEN AFP WORLD NUMBER ONE Steffi Qraf said she was not trying to keep up with Martina Navratilova on Wedneaday by beating eighth-eeeded Czech Helena Sukova 6-1, 6-1 in the US Open women's singles quarter-finala. Navratilova, who has set her sights on overtaking Graf at
      AFP  -  290 words
    • Article, Illustration
      Lock icon Becker powers his way into semi-final
      442 18 AP BORIS BECKER, beginning to look as dominant at the US Open as he has at Wimbledon, surged into the semi-finals with a 6-3, 6-3, 6-2 victory over Yannick Noah. The three-time Wimbledon champion qualified on Wednesday for the semis for the second time
      AP  -  442 words
    • Article, Illustration
      Lock icon Africans to dominate
      455 18 ATHLETICS AP AFP CARL LEWIS and Aleksandr Bagach have conspired to set up the biggest athletic shake-up for years for the World Cup in Barcelona this weekend. The Olympic superstar's row about how the money is being spent in American athletics prompted a cluster of stars to
      AP; AFP  -  455 words
    • Article
      Lock icon Johnson can keep 1984 Olympic medals
      252 18 AP THE HEAD of the International Olympic Committee said on Wednesday that Ben Johnson could keep his medals from the 1964 Games despite having his world record and other titles taken away by track's international governing board. lOC president Juan Antonio Samaranch said he
      AP  -  252 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon QAF fails to hold UlC's attention
      594 19 ma mm™ HOCK LOCK SIEW UNITED INDUSTRIAL Corporation Ltd is at it again saying one thing and going right ahead to do the exact opposite. After having given indications that it would take on more income-generating investments, it went on to make a tidy
      HOCK LOCK SIEW  -  594 words
    • Article
      Polytek Wearnes to sell S K Building for $45m
      304 19 POLYTEK WEARNES Holdings is on the verge of selling its new-ly-acquired S K Building for £45.32 million, giving it a quick capital gain of $6 million. Polytek announced yesterday that it has granted an option to Loong Chong Investments Pte Ltd
      304 words
    • Article
      New Parkway unit to hold M'sian hospital interests
      239 19 PROPERTY-BASED Parkway Holdings Ltd has incorporated a Malaysian subsidiary Gleneagles (Malaysia) Sdn Bhd to hold its hospital interests in Malaysia. Gleneagles (M) will be a wholly-owned subsidiary of Gleneagles International Re Ltd, which is in turn a wholly-owned subsidiary of Parkway. Gleneagles
      239 words
    • Article
      Hongkong company takes Bpc stake in QAF
      352 19  -  t* HERMAN PHUA FOLLOWING THE divestment of United Industrial Corporation s 19.19 per cent stake in OAF Ltd recently, a Hongkong party has emerged as the food-based group's new substantial holder. In a short statement released yesterday. QAF said Beauty Centre Investment Ltd
      352 words
    • Article
      DIVIDENDS ANNOUNCED
      947 19 Current b Books Dote Totoi tor Totoi tor poymont <*— ctooo poyobto too yoor tool yoor Alox Hldgs Aug 29 Sop 8 Sop 26 6% 6% Asiatic Dov 2.5% (II Oct 5 Oct 19 Nov 18 25% 5S% Austral Amal 20% Sop 22 Oct 6 Oct 31 40%
      947 words
    • Article
      Bond interest row: Hotel Prop decides to pay
      436 19  -  By ROSIE TAN AFTER APPEALS by investors and in consultation with the Stock Exchange of Singapore, Hotel Properties has agreed to pay interest to certain investors who did not receive their 1969 entitlements on the company's 4 per cent bearer bonds because
      436 words
    • Article, Illustration
      IGB's Aussie unit likely to I bag A$300m Sydney project
      546 19  -  PREVIOUS RESTORATION JOB GIVES IPOH GARDEN (A) THE EDGE By HERMAN PHUA PROPERTY-BASED IQB Corporation Bhd's Australian-listed arm, Ipoh Garden (Australia), has emerged as the preferred developer for the As3oo million Capitol Theatre project in Sydney's Chinatown. Ipoh Garden (A)'s
      546 words
    • Article
      FCC reaps $13.2 m in 18 months
      499 19 CASH-RICH First Capital Corporation has chalked up a group after-tax profit of $13.22 million for the 18 months ended June 30, a near four-fold increase which was boosted further at the bottomline to $66.34 million from the sale of two buildings. The extraordinary
      499 words
    • Article
      Lock icon KLSE planning compensation fund to protect investors
      245 19 NST THE KUALA Lumpur Stock Exchange is planning a compensation fund designed to protect investors against fraud, negligence or default by brokers. KLSE executive chairman Nik Mohamed Oin bin Datuk Nik Yusoff said the fund could act as an insurance and raise investor
      NST  -  245 words
    • SES
      • Article, Illustration
        Market clears 1,400 despite weaker overseas sentiment
        1155 20  -  tf KEVIN QWEE i EVEN the negative sentiJment from the weaker rsgional 'markets and overnight fall on Wall Street could contain the 'raging bull in the Singapore J slock market yesterday. > I Share prices, after an initial bout of light profit-taking, surged
        1,155 words
      • Article
        Unit trusts
        232 20 »for Sap 8 C prices Singapore Unit Trust ®Th« Co—rc* 132 129 m» Sav«9> Fund 109 1.15 SS'por* Pro* Fund 049 053 rS'po»» Sac had 0.77 0.82* f£'p<x» kMM Fund 045 090 oo'» Equity Fund OA 042 G Asia Unit Trust tMoi Invwt Fund 159 rMol Prog Fund
        232 words
      • Article
        COMPANY MÈTINGS
        49 20 CYCLE A CARRIAGE LIMITED: EQM at 9 Penang Road, #12-00 Supreme House. Singapore 0923, today at noon. METALOCK (SINGAPORE) LIMITED: 20th AGM at 27 Gul Drive. Singapore 2262. today at 10am. MATSUSHITA ELECTRIC CO (M) BERHAD: AGM at the company's office on Sep 12, Tuesday, at 10am.
        49 words
      • Article
        SES SHARE INFORMATION
        6329 20 1969 High Low Tal Cod* Company Laat Sale SEP 07 orVol C0OO) Day High Low Laal O Buyer I uolo Or** Dtv Dlv C*vr Or's rid Nat P/E M Cap Smil SESDAQ 210 98% 228 86% 122 164 110 130 216 96% 104 180 106 112 120
        6,329 words
    • KLSE
      • Article, Illustration
        Lock icon Prices rise in active trading
        3544 21 MBT SHARE PRICES on the Kuala Lumpur stock market were taken to higher ground in active trading yesterday. Brokers said attention was focused on higherpriced counters, of which selected ones recorded hefty gains. Oil stocks like Shell and Esso were particularly strong. A number of
        MBT  -  3,544 words
    • REGIONAL MARKETS
      • Article
        Lock icon Six subcontractors found fixing prices
        429 22 Reuter SIX JAPANESE firms working on Osaka's ona trillion yon Kanaai International Airport project formed a price-fixing cartel in 1906, violating sn anti-monopoly law, Japan's Fair Trade Commiaaion (FTC) has found. In 1987, the US targeted the construction of Kanaai airport in its campaign against
        Reuter  -  429 words
      • Article
        Lock icon Tokyo market hinges on corporate profits
        715 22 Reuter JAPANESE corporate profits this fiscal year may be a little higher than initial forecasts, but some market analysts say better may not be good enough. Tokyo stock market players are focusing on earnings growth as a key to investment strategy just as the
        Reuter  -  715 words
      • Article
        Lock icon Mitsubishi makes London market debut
        190 22 AFP GIANT Mitsubishi Electric Corporation (Melco) has become the 15th Japanese company to be listed on the International Stock Exchange (ISE) in London. Dealings in the company's shares started on Tuesday, the ISE announced on Wednesday. Andrew Hugh Smith, the ISE chairman, said: "I am
        AFP  -  190 words
      • Article
        Lock icon Taiyo Kobe queried about share campaign
        227 22 Reuter THE Tokyo Stock Exchange (TSE) questioned Taiyo Kobe Bank Ltd officials yesterday on instructions the bank gave to branch managers in June to encourage customers to buy its shares. Merger talks with Mitsui Bank Ltd were going on at the time. Bank officials
        Reuter  -  227 words
      • Article
        Lock icon Auckland: Shaky
        189 22 Reuter SHARE PRICES yesterday partly recovered from a sharp morning loss following bearish comments by a leading Wall Street analyst, brokers said. The market fell an estimated 68 points after Morgan Stanley chief investment strstegist Barton Biggs recommended selling New Zealand shares. "He did have an effect but
        Reuter  -  189 words
      • Article
        Lock icon Manila: Easier
        112 22 Reuter PHILIPPINE share prices eased across the board yesterday after moving within narrow ranges as the market yielded to the lure of rising Treasury bill rates. The Manila Stock Exchange Composite Index slipped 1.2 per cent to 1,146.53 points from Wedneeday's 1,160.51. "The trend is bouncy and it's
        Reuter  -  112 words
      • Article
        Lock icon Bombay: Heavy buying
        86 22 Reuter SHARE PRICES shrugged off their recent lethargy yesterday to rally on heavy buying by stateowned investment trusts in the wake of a lower opening, brokers said. "The institutional buying triggered frantic short-covering giving a boost to the uptrend. But in the last quarter-hour af- ter prices
        Reuter  -  86 words
      • Article
        Lock icon Taipei: Index soars
        514 22 Reuter THE Taiwan stock index soared to cloee at a record high yesterday as dauntleas investors pushed share prices sharply higher in every sector, dealers said. The Weighted Index jumped 204.88 points, or 2.06 per cent, to cloee at 10.172.49 compared with Wednesday's 9,967.61 finish and its
        Reuter  -  514 words
      • Article
        Lock icon Seoul: Fifth straight fall
        287 22 Reuter SEOUL STOCKS fell for the fifth straight day yesterday as investors shunned the market on fears of tight money supply around the Chusok full-moon holiday next week, brokers said. The Composite Index shed 4.52 points to close at 957.20. Turnover was light at 371.4 billion
        Reuter  -  287 words
      • Article
        Lock icon Bangkok: All-time high
        262 22 Reuter THE Thai bourse moved to dampen market speculation that has tuelled this week's record stock prices by raising the margin investors must put up to buy shares yesterday. Maruey Phadoongsith. the president of the Securities Exchange of Thailand (SET), said the investors' compulsory margin would be
        Reuter  -  262 words
      • Article, Illustration
        Lock icon Prices end slightly firmer
        1268 22 Hongkong Reuter DBS Securities SHARE PRICES closed slightly firmer yesterday in spite of Wednesday's losses on Wall Street and London, brokers said. The Hang Seng Index gained 5.54 to 2,583.16 while the broader-based Hongkong index roee 4.22 to 1,704.07. "The slight gains show the market has
        Reuter; DBS Securities  -  1,268 words
      • Article, Illustration
        Lock icon Sharply weaker
        515 22 Sydney Reuter AUSTRALIA'S share market siid to a sharply weaker close yesterday in line with similar bearish performance in Wall Street overnight "When you consider where the msrket has come from in the last couple of months, you could expect some profit-taking and nervousness," a broker said. "It
        Reuter  -  515 words
      • Article, Illustration
        Lock icon Nikkei falls further
        515 22 Tokyo Reuter A WEAKER YEN and yen bond prices again rattled the share market yesterday, depressing prices to a lower close in modest trade. "The market is still very worried about rising short-term interest rates," said a broker at Daiwa Securities. Retail, food and pharmaceutical shares surged.
        Reuter  -  515 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Lowest close in two weeks
        832 23 New York Reuter A RECOMMENDATION by a major Wall Street broking house that investors sail a portion of their stock holdings triggered a drop on Wedneeday that took the US stock market to its lowest close in about two weeks. Futures-related selling helped deepen the
        Reuter  -  832 words
      • Article, Illustration
        Lock icon Early morning rise
        770 23 London AFP SHARES rose on the London Stock Exchange yesterday morning, as Wednesday's fears of a rise in German intereet rates proved to be unfounded. Wall Street's late recovery on Wednesday also supported the market. The FTSE 100 share index rose 17.4 points to stand at 2,408.2
        AFP  -  770 words
      • Article
        Lock icon Fund-raising issues may pull down German shares
        686 23 Reuter TWO FUND-RAISING issues and talk that another large one was coming soon would weigh heavily on German shares in the near term, analysts in Frankfurt said. Dresdner Bank AG has set a one-for-eight issue, at 300 marks, to raise 1.2 billion marks
        Reuter  -  686 words
      • Article
        Lock icon Polly Peck to pay US$875m for fresh fruit business
        376 23 Reuter POLLY PECK International (PPI) is planning to acquira the fresh fruit business of RJR Nabisco Inc's Del Monta Corp for US$B75 million in cash. The diversified British trading and manufacturing group aaid in a statement releaaed in London yesterday the
        Reuter  -  376 words
      • Article
        Lock icon UK trade inspectors rap Capel, New Court in report
        540 23 FT BRITISH DEPARTMENT of Trad* and Industry inspectors have taken two leading London securities houses, James Capel and Smith New Court to task in their report on the build-up, late in 1966, of a substantial shareholding in Consolidated Gold Fields, tha
        FT  -  540 words
      • Article
        Lock icon No decision yet on foreign offers in UK water sale
        721 23 Reuter THE BRITISH government has not made a decision on whether there will be overseas offerings of shares as part of its £7 billion sale of the 10 water and sewage businesses in England and Wales in November. At a
        Reuter  -  721 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1015 23 Reuter PARIS: French share prices recovered yeeterdey from their opening lows, reassured by strong corporate results and the decision of the Bundesbank to leave West German intereet rates unchanged. The 50-share Price Indicator was 0.12 per cent up at 1100 GMT after starting in the morning 0.33
        Reuter  -  1,015 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      47 19 AUSTRALIA BUSINESS/INVESTMENT OPPORTUNITY Air transport representation partnership in new company is now available Representative will be in Singapore from Saturday to (Sunday 9-10 Sept) Tel. 533-3888 (Mrs Asian) For all correspondence please write to: "Air Transport" G.P.O. Box 5071 Sydney 2001 NSW Australia Tlx: ***** Fax: *****65
      47 words
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      Page 19 Advertisements Column 2
      94 19 n It took more than 10,000 hours to develop this masterpiece. .JR. BlancpaiN Exclusively at Hie Hour C»lass Domicile in Switzerland IV Full range business and worldwide trust-service, establishing of companies, excellent bank connections, tax consulting, best refer-, ences, In-Travaux Treuhand AO, CH--6300 Zug, Baarerstr. 43, phone +42 21 34
      94 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      646 22 NOTICE JiiTJ i T r\ Z 2 OF THE COMPANIES ACT, CAP. 80 AND NOTICE OF SPECIAL RESOLUTION [Pursuant to Section SMOXk)] At an Extraordinary General Meeting of the Company held at 6 Battery Road #12-03 Standard Chartered Bank Building Singapore 0104 on 1 September 1906, the following Special Reeolutlon
      646 words
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      Page 23 Advertisements Column 1
      10 23 The other European reporte wtfi not avallebte at proaa time
      10 words
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      Page 23 Advertisements Column 2
      65 23 gpF The Mandarin Hotel, Singapore W Tuesday 12th Thursday 14th CIA WO September J,n Open 11.00- 19.00 hrs daity The Officia' Airline of Sign Asia SinGAPORE AIRLinES VISIT THE FIRST ASIAN EXHIBITION ON SIGNS AND SIGNMAKING For information on the exhibition and conferences: c/o Irene Goh Block 806, #03-186 Kitchener
      65 words
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  • LATE FILE
    • Article
      Lock icon Malaysia invited to join G-16
      43 24 Bernama MALAYSIA has been invited to join a group of 16 likeminded developing countries to further enhance SouthSouth cooperation. The invitation was formally extended by Yugoslav President Dr Janez Drnovsek to Prime Minister Mahathir Mohamad in Belgrade. Bernama
      Bernama  -  43 words
    • Article
      Lock icon US prods Seoul on telecoms
      29 24 AP THE United States has threatened to hit South Korea with retaliatory measures unless Seoul opens up its telecommunication service and equipment markets. AP
      AP  -  29 words
    • Article
      Lock icon Mulroney welcomes Kaifu
      42 24 AP PRIME Minister Brian Mulroney has welcomed Prime Minister Toshiki Kaifu of Japan to Canada and said their two countries can learn from each other "how to surmount the political and economic challenges of our unpredictable afle". A P
      AP  -  42 words
    • Article
      Lock icon Manila aims for balanced budget
      44 24 AFP THE Philippine government expects to have a balanced budget by 1991, Budget Secretary Guillermo Carague said, adding that Manila planned to have a U*****.6 million deficit, equivalent to 0.7 per cent of the gross national product for 1990.
      AFP  -  44 words
    • Article
      Lock icon US$l5 billion to enter Manila
      35 24 AFP THE chairwoman of the Tai-wan-based Asia World group, Emilia "Bien Bien" Roxas, predicted that US$l5 billion in foreign investment would enter the Philippines over the next seven years. AFP
      AFP  -  35 words
    • Article
      Lock icon NZ-Australia in big defence deal
      37 24 AP NEW ZEALAND agreed yesterday to buy into an Australian programme to build navy frigates, heeding warnings from its South Pacific neighbour that refusing to join would jeopardise their close relations. AP
      AP  -  37 words
  • Article
    Japan-Singapore economic group to meet here in Dec
    317 24  -  By ANNA TEO THE HIGH-LEVEL Japan-Singa-pore Economic Advisory Group, launched three months ago in Tokyo by First Deputy Prime Minister Goh Chok Tong, will hold its second meeting on Dec 2 in Singapore. The Japanese members a veritable who's who from the
    317 words
  • Article
    Aquino says brother denies link to gun smuggling
    307 24  -  By AL O LABITA Jr PHILIPPINE PRESIDENT Corazon Aquino yesterday brushed off allegations linking her brother, a member of the Philippine Congress, to last Tuesday's alleged smuggling of 314 high-powered firearms and ammunition from the United States. In a news conference at
    307 words
  • Article
    Lock icon Comex gold and silver
    91 24 Reuter COMEX GOLD futures fell early yesterday on scattered selling pinned to the dollar's renewed advance but the activity in the first hour was subdued. December lost US$l.9O at U*****.50 an ounce after locking in a US$O.7O range from U*****.80 to U*****.10. Analysts said the softness
    Reuter  -  91 words
  • Article
    Bases pullout must be gradual: Ramos
    136 24  -  Al O Labita Jr PHILIPPINE Defence Secretary Fidel V Ramos yesterday warned against the abrupt phasing out of American military facilities from the Philippines. Speaking at a public forum in Manila. Gen Ramos said he feared that a sudden pullout of the bases would
    136 words
  • Article
    Lock icon US begins Pacific military exercises
    136 24 AP THE US military has begun its first coordinated exercises throughout the Pacific amid uncertainty over the future of American bases in the Philippines and controversy over a possible outpost in Singapore. Australia, Japan and Thailand are joining the United States at various timee during
    AP  -  136 words
  • Article
    Lock icon Toyota to expand manufacturing base in four Asean countries
    370 24 Reuter TOYOTA MOTOR CORP of Japan is to invest s total of 30 billion yen in the next five years in operations in four Asean member countries Thailand, Indonesia, Malaysia, and the Philippines to create a system in which vehicle parts
    Reuter  -  370 words
  • Article, Illustration
    Mulroney to give this year's S'pore Lecture
    401 24  -  By SHOEB KAGDA CANADIAN Prime Minister Brian Mulroney will deliver this year's Singapore Lecture, the third serving head of state to address Singapore's decision-makers. Mr Mulroney will speak on "Trade Outlook: Globalisation or Regional isation" at the Singapore Conference Hall on Oct 15.
    401 words
  • Article
    Lock icon Elders chairman setting up rescue package for Bond
    293 24 Reuter JOHN ELLIOTT, chairman of Elders IXL Ltd. is attempting to set up a rescue package for Mr Alan Bond's group of companies. Mr Elliott speaking on Australian television, refused to give details of the package but said "a rescue package is
    Reuter  -  293 words
  • Article
    Lock icon Dutch voters return Lubbers to third term as premier
    108 24 AP DUTCH VOTERS on Wednesday gave an unequivocal endorsement to Premier Ruud Lubbers' economic recovery programme, and sounded a warning that cleaning up the nation's heavily polluted environment is a top priority. Despite a voter surge towards environmentalist groups in the
    AP  -  108 words
  • Article
    Lock icon Slump likely if LDP loses election: poll
    209 24 Reuter AFP LESS THAN one per cent of Japanese businessmen expect business to improve if opposition parties win the next general election and a majority expect the economy to slump, according to a newspaper poll. The Tokyo Shimbun said yeeterday only 0.6 per
    Reuter; AFP  -  209 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      41 24 L*/ SINGAPORE A CUT ABOVE THE REST YOUR CORPORATE IMAGE IN FINE SILK TIES AND SCARVES Ander Ties Badges Mfy Pte Ltd Blk 1014. Geylang East Ave 3. *04 218. Singapore 1438 Telephone: *****12 Telex: RS ***** ANDER Fax (65) *****55
      41 words
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      Page 24 Advertisements Column 2
      391 24 Liqueur* must be juit about the most versatile of all drinks. There are thousands of ways to enjoy each one of them. Here are three that top the hit Kit As wd as how to melee cocktails bursting with colour and flavour. et off to a super cool start with
      391 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Bulk carrier refloated
        42 25 Reuter A PANAMANIAN BULK CARRIER has been refloated off Porto Vesme, Sardinia, after it ran aground last Sunday. Lloyds Shipping Intelligence said the 17,825-dwt Super Venture would be discharging its cargo of mineral concentrates at Porto Vesme soon. Reuter
        Reuter  -  42 words
      • Article
        Lock icon Twenty-eight die in boat sinking
        71 25 AP A BOAT has capsized and sank in the sea east of Java, killing at least 28 people and leaving 101 others missing. An official Surabaya said on Wednesday that the Si Mawar, with 175 people on board, sank last Saturday night after being hit
        AP  -  71 words
      • Article
        Lock icon Quality of Aussie sheep criticised
        80 25 AFP AUSTRALIAN SHEEP rejected by Saudi Arabia and Abu Dhabi were not only diseased but also of inferior quality, an Abu Dhabi official claimed on Wednesday. He said random tests on a shipment of 15,700 sheep showed the presence of brucellosis (Maltese fever) on "too
        AFP  -  80 words
      • Article
        Lock icon Colombo Port hit by strike
        64 25 Reuter A WEEK-LONG STRIKE called by left-wing rebels attempting to overthrow the Sri Lankan government has crippled work at Colombo Port, which lost some 250 containers of transhipment business. A port official said on Wednesday that transhipment vessels were diverted during the strike last week,
        Reuter  -  64 words
      • Article
        Lock icon Toepfer to start new liner service
        71 25 International Transport Journal ALFRED C TOEPFER Schiffahrtsgesellschaft mbH, Hamburg, plans to start a liner service between Northern Europe and the South American east coast at the start of next year. Sailings will be offered monthly with multi-purpose vessels of approximately 15,000 dwt. The line's
        International Transport Journal  -  71 words
      • Article
        New box service for Australia
        68 25 MEDITERRANEAN SHIPPING COMPANY S A has launched a scheduled container service to and from Australia which supplements the company's scheduled services covering South Africa, East Africa, the Indian Ocean and the US. The service to Australia runs every three weeks from Bremen, Hamburg, Rotterdam, Antwerp,
        68 words
    • Article
      Seminar to discuss automation in marine industry
      118 25 A ONE-DAY SEMINAR on "Automation in the Marine Industry" is being held today at the Ngee Ann Polytechnic. Organised by Ngee Ann's Department of Shipbuilding Offshore Engineering, the seminar jaims to discuss and disseminate information on the scope of auto- mation in the
      118 words
    • Article
      Index to advertisers
      1136 25 ABC Containerline XI 5 Accord Shpg VW 3/4 AfS XM 3 Ahrenkiel liner XII 5 AC Toepfer XNI 5 Americon Niugint XII 4 Arrow Linos XI 5 Assoc Corrioge XNI 5 ANl IN AFC lino VM 4 Aft V 3-5 ASCI V Atfos lino XN 4 Bolt
      1,136 words
    • Article, Illustration
      Rising regional trade set to boost shipping
      367 25  -  Bunkering conference delegates told of positive trend By MARTIN SOONG INCREASING intra-regional trade will immediately benefit the shipping industry, and fuel growth in demand for marine oils, the chairman of Hongkong's Worldwide Shipping Agency, Dr Helmut Sohmen, told bunkering experts yesterday at the
      367 words
    • Article
      Call for standard bunkering procedure
      260 25 A STANDARD bunkering procedure needs to be developed by the local industry in order to maintain the high quality of marine fuels supplied to ships, and consolidate Singapore's position as the world s leading bunkering port, said Mr Ho Kah Leong, the Senior Parliamentary Secretary
      260 words
    • Article
      Bimco's Shipman agreement form gaining encouraging support
      350 25  -  -by Vonnie Bishop BIMCO's standard ship management agreement form Shipman is seeing keen support in Japan, according to Mr Jorgen Hojer, Bimco s deputy secretary general. Speaking to members of the Hong Kong Shipowners Association at a seminar this week, he said: "Shipman
      350 words
    • Article
      MISC to take delivery of ship after year-long delay
      291 25  -  By ZULKIFLI ALWI MALAYSIAN INTERNATIONAL Shipping Corporation (MISC) will take delivery of the first of its four chemical tankers later this mor.th, about a year behind the scheduled date. The delay was due to recurrent labour problems at the South Korean
      291 words
    • Article, Illustration
      Lock icon Carriers face tough choice over box leasing
      1577 26 Majors torn between greater operational control and prudent financing Lloyd's Shipping Ecopomist AFTER THE RECESSION which plagued the industry in the mid1980s, container leasing is again big business. Rates have more than doubled, to current levels around US$l.5O to US$l.6O a day for
      Lloyd's Shipping Ecopomist  -  1,577 words
    • Article
      Lock icon Cool response to offshore port plan
      472 26 Reuter A PROPOSAL being studied by the US Minerals Management Service to build offshore oil terminals, or superports, outside major US harbours could prove unfeasible, say oil industry sources. "The intention of moving tanker traffic from coastal navigation to some distance offshore is good,
      Reuter  -  472 words
    • Article
      Bunker market report
      539 26 Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmac limits Spec E25 991 1.0 15.0 0.10 30* 0.10* Spec G35 991 1.0 18.0 0.15 30* 0.10* Northern Europe 180 Ave 983 0.2 13.5 0.05 9 0.03 180 Max 1003 2.6
      539 words
    • Article
      Container schedules/Ships in port
      2080 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtainer Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate Alh G'ory An Adakuda Anro Malboor Anion At trwca» B Ftraoi Blua Ocaon Bontto Aca Bruoal Cacilia Mi CY Succaa Dal to Mot
      2,080 words
    • Article
      Lock icon Daewoo clinches US$110m contract
      154 27 AP DAEWOO SHIPBUILDING and Heavy Machinery Co has signed a US$llO million contract with ICB Shipping AB of Sweden to build two crude oil tankers. Daewoo, South Korea's second largest shipbuilder, said yesterday that the 135,000-ton tankers would be delivered to the Swedish company in April
      AP  -  154 words
    • Article
      London Freights
      1082 27 FREIGHT market rates on Wednesday showed signs of starting the traditional Autumn climb aa boaineaa began to pick up after a slow start to the week, brokers said. There were unconfirmed reports that a ship was about to be booked on the US North Pacific/Japan heavy grain route
      1,082 words
    • Article
      SHIPPING LIST where your ships are due
      10677 34 AARHUB Noraaia WW, Nor Mitt LIB# Sap t Ming Comtort. Vang Ming. Sap 10 Parmal ScanOutoht. Sap 11. Ever Qrada. Evogmn. Sap 11. BanaMar. Trtot. Sap IHPIQ. Chun Ha. CMna Ocaan Shpg. Sap 13 Villa da Mara. CM D'APratomant Sap II Maarak Parta
      10,677 words
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      Page 25 Advertisements Column 1
      22 25 Tiißifttwas A 1 waj 3 For advertising and circulation enquiries, please call Business Times, Tal: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      22 words
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      Page 25 Advertisements Column 2
      17 25 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 25 Advertisements Column 3
      268 25 "The Illustrated Encyclopedia of Wildlife" Wildhfi fortnightly at all good bookshops and news-stands r /kW BTP OMrfbuiora /A FREIGHT LINKS EXPRESS CONGRATULATES MR CHAN CHEK CHEE on winning a "DOUBLE FIRST" at our 3rd Annual Golf Tournament held at the Garden Course. Tanah Merah Country Club on 1 September 1989
      268 words
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      Page 25 Advertisements Column 4
      129 25 To lease or not to lease AT THE HEART of the buy-versus-lease dilemma facing container carriers is the conflict between the desire for greater operational and marketing control afforded by ownership and the allocation of investment resources within a capital-intensive industry. PAGE II Cool response to oil port plan A
      129 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1076 27 OOCL Diiclicated to Service JAR DINE SHIPPING AGENCIES 200 Cantonmtnt tad #12-06 Southpo.nl. Sinppo" 0208 T«i *****11 TELEX NO RS ***** TERMINAL/CPS Ttl 32C0Z18 220 BOOKINGS T«i *****34 235 PESAKA JAROINE SHIPPING AGENCIES SOW J»»0 PORT KELANG TEL 36R4118 Tala« feMMMTTNMJgU PENANG TEL *****4 TELEX NO MA***** CfS TEL 34*06
      1,076 words
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      Page 27 Advertisements Column 2
      1307 27 MAERSK LINE DESTINATIONS LOUIS M LAURA M LEXA M MCKB4NEY LEOA M MATHB.OE M MARCHES M TH» «Mt Lou CY IM 0400 I CF S IM 1800 LOUIS M LAURA M LEXA M MCKMNEY LEOA M MATHILDE M MARC HEN M This «Mk Mf cv tin tarn» CW-1M 1300 M
      1,307 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      755 28 Page IV IL Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANQ SOUTHAMPTON ALSO ACCEPTING CAMO TO; ALL UK INLAND OCSTINAT BELFAST, OUBLIN, COPENHAGEN, AARHUS, GOTHEN6UR6, MALMO, HELSINKI, OSLO, CARIBBEAN A S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT TV VOY NO HAMBURG m ANTWERPILE HAVRE AMPTON |P KELANG SPORE I HONGKONG TYO/KOB TYO/KOB
      755 words
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      Page 28 Advertisements Column 2
      467 28 r'o COLUMBUS LINE REEDEREI GMBH (A SERVICE OE HAMBURG SUDI EXPRESS SEMI CONTAINER SERVICE TO HOR/ADAM HB6 MULL (U.R.) 13-14/1 I 11/11 IV* IV* %he m i,.'/ 'i (ASIA-SOUTH PACIFIC JOMT SERVICE) ■ORAYRANK VIS COLUMBUS NIUCINI V* In Pt Port Maraaty. Lao. KM* 1m Net hrat*. Laa. Accepting LCL cargo
      467 words
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      Page 28 Advertisements Column 3
      712 28 I AU A I'l -3 3 EUROPE (VUF£eow) J CUnwrß KN no. SIN FIX HAH BBC NORASIA PRINCESS OK4 3 5/9 6/9 9/9 4/10 MO 7(10 NORTH SEA 925* 13/§ 14/1 15/9 lQflO 12/10 1110 NORASIA SINGA OHI-3 2W9 21/1 22/9 17/10 19/10 20/10 NOR ASIA AL-HUNTAZAN 827-3 26/9 27/9
      712 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      795 29 uriiifi! STRAITS SHIPPING I CONTAINER SERVICE TO-UK CONTINENT PEGASUS Monti* HAI HUI Pt CASUS PROGRESS ROTA BUWAR BANGKOK BORNEO AGENCIES LTO. BANGKOK TEL *****00 HIII il *i' :M if .a f.i »w.ill *J :ONTAINERSHIP SERVICE FROM UK CONTINENT UKI uft lift vft v ii J i )AF A N SERVICE
      795 words
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      Page 29 Advertisements Column 2
      905 29 pun VAMP I IMC WEEKIY EXPRESS container service unu IHIVU LI IMC [ALSO ACCEPTING REEFER CARGOES) TO: EUROPE Alm occoptinf for Inlini UK dittinitiont Antvirp and foinrtwavtan ports TO: FAR EAST FMG F- LOT A MERCANTE OR ANC OL OMBI AN A (NATIONAL LINE Of COLUMBIA; CAVN COMPANIA ANONIMA VFNEZOIANA
      905 words
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      Page 29 Advertisements Column 3
      19 29 PTE LTD Vmml Voy ETA TZU HANG V8909S 20/9 ANABAB V ***** 27/9 TEL *****07 TLX ***** FAX *****76
      19 words
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      Page 29 Advertisements Column 4
      324 29 llai Sun Hup Co (Pt( l td i i:i;\ < AK i.INI-.K Li i» ITTUUTJ/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! (tort ALSO CALLING OTW> JAPANCSC PWTS. WWMMC. TAIWAN CHtNCSC POUTS, SUBJCCT IMUCOCNT IMLintermaritime SOUTHERN AFRICA SERVICE *Alm call* LL ft P L GENERAL AGENTS: HAI SUN HUP
      324 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      579 30 n SINOSE m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES MEEAD PJI 718 In Port KYOWA LINE '!•/JI "1 LA! /J vi'J •J AIA A'iC* (B/BULK CONTAMER) ETA SPORE GUAM SAIPAN "EAGLE' Y7 18/19 SEPT 30/9 1/18 *MiCRONESIA POUTS WRECT CALLS SUBJECT ON INDUCEMENT BASIS AND/O# T/SMPT AT
      579 words
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      Page 30 Advertisements Column 2
      520 30 (Jo HANJIN SHIPPING Xy FULL CONTAINER SERVICE TO USA PACIFIC SOUTH WEST quots way una CMOYAM MM MS TO FAR EAST PORTS CNOYAMG Ml rOMK VSL CMOYAM flffTfff I HANJIN TOW NAI I NO. T/S AT PUSAN U/9 N. KUMAN ll* N SfOlM. V! 2V» N CHtKJ TO PACIFIC NORTrI
      520 words
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      Page 30 Advertisements Column 3
      546 30 r a EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) f 3ire' g m ■JiU'WMM Round-The-World West Bound (FE/EURO/USEC/CARIB/FEI W JtD HN FIX RDM ANW LHV NYC NFK CMS KSN TYO OSK PUS KSC nm SSSupmimaSjuiia/uiSiaiiiapiSS JB=SSISBS££SS*aRSS US WEST COAST OUTBOUND INBOUND ptl su m tn «a m VM UM MM um SLORY
      546 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      665 31 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES VOV SIN JKT MY VOY 1,18 S M M M 10* 1M 44N8 10/0 W* rut 2M mm in# an* 4no jn* yon 2/io ions iono uno iono iono itno »io MURURAN/TOMAKOMAIMfTACM/TOYAMA CAROO VIA HM
      665 words
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      Page 31 Advertisements Column 2
      471 31 RtviN BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT inn puajk stm nmi r»u*« n*m mavm •am ti«rn> SmM *1 W* W» W» Wf •nm> i*» v» w w» Km— Mil DM V* VM WJ RNJ fe~~. n/» in* un» w» w» t«u* i.*~ w* *n* «2S *m~ Vl* an
      471 words
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      Page 31 Advertisements Column 3
      268 31 M r i• J >:iJ: I- if wt/yor S PANJAM&73M SRMIIAVA/Z7W (ACCEPTIM CONVENTIONAL AND CONTAINERISED CAMO) (ACCEPTING CONVENTIONAL MO CONTAINUtSCD CAMO) (ACCEPTIM CONVENTIONAL ANO CONTAINERISED CAMO) Part Said. Part Alexandria. Qaaaa. TrtaaM. ALSO ACCEPTIM BOTH CONTAINERS, CONVENTIONAL CAMO VIA T/S TO UK PORTS. NULL, Li NAVRt OSLO. COKNNAGEN. AAftttUS. m
      268 words
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      Page 31 Advertisements Column 4
      373 31 BOUSTEAD SHIPPING AGENCIES MYANMA yHBk FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'pore P.KeUnf Pananf Banska* ■yobmywa nm a tm/i sap V HPAANVI43N 7/IWpt PMANVMM U/9 Sapt THE BMIK UNE NORTHBOUND TO UKC SPORE ROAM HMBG HULL TAMAITAI SAMOA VW M l/M 12/ M li/M FORTH BANK V2SN
      373 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      564 32 Kline KAWASAKI KISI.N KAISHA. LTD. I < EXPORT IMPORT i Riimp m i m an wE r illi Tun wrrrnir mm, mm. EXPORT Ui M IMPORT SB mm WW j:fiJ vrth rrrm 18/9 21/9 25/9 28/9 2/10 5/1 tIV :1> II ;rtfr iWit if 6/10 20/10 21/10 22/10 ir.'ivrT 1
      564 words
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      Page 32 Advertisements Column 2
      611 32 -zJ EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contain*r« S*npport P Kdanf P<nan| Loadm( lor Mottor *11 By Fmdk Bt Fa«to TUISIOAS ¥.43 10 St# Frtm MattxSydn Aoo KAIIOAS V.4S 10 Oct 4 Oct 4 Oct Frtm/IMb/Sydn/AM TUISIOAS V.44 »Oct »Oct 1) Oct Fron/tMb/Sfdn/AM KALIOAS V.4S Not 19 No, 19 Nov f
      611 words
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      Page 32 Advertisements Column 3
      410 32 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD T A|AA Amm C|« siNc*Po*f oiM tu smnm (io lines) r»i ww STRAITS/PERSIAN GULF SERVICE: S>w t MM* N»< QOCOCN lUI Cotanto/faracMlMai U|M S«M QM.OCN MA*VIST CotaMjo/faracM/Outai W Oct CHINA SUVtCf Ml TUB SHAN QAI TUN SHAN HuMgii/SI»n»»t Oct \~T_l CHINA OCEAN SHIPPING
      410 words
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      Page 32 Advertisements Column 4
      518 32 PHILI ORIENT LINES PTE LTD HEAD OFFICE '08 ROBINSON ROAD "0' 0C GMG BUILDING SINGAPORE j'Ofc TELE* RS 28'20 PHILI FA* 22bShTb EAST/FM EAST FCL ft LCI SBM« ETA SINGAPORE DESTINATK>A zS.' 5? £22 JEDDAH act) AQABA, HOOEI H KONG KOBE. TOKYO. KEELUNC. 1 KAOMSIUNG. MANILA, BANGKOK. M BUSAN. JAKARTA
      518 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1238 33 Agents S pore WFTUNI ttWCO TO. LTD Booking! Bookings liward/ Tarn FC EU/XUST EMMM 27M77 (CR NO. **********0K) *****53 *****16 *****19 *****41 *****11 Outward *****22 2717M4 1 ICPIM 9M BHD NEPTUNE ORIENT LINES LTD EES UK EXPORT KG BGP MOTH IS VBL/VOY 07/00 00/00 H. Bridg* 6W 14/00 16/00 N.
      1,238 words
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      Page 33 Advertisements Column 2
      835 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 121X241/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PINANC p. KELAN6 KSSDS MAI THONG SNIPPINC 127 PananaStraaL Panant Malays* M/S HANDLING SYSTEM CO SON BMC
      835 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      327 34 Ei SINGAPORE SHIPPING p CORPORATION (PTE.) LTD. Til 225 6868 {34 Iras) FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAD DSR-LIMES »'EB PEU Tf: RA(. hT ROS INTEGRATED CONTAINER SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE I.IM'L 1 1 1 KIA LARNACA: ACCEJTI* CAMO F0» UNASSOL
      327 words
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      Page 34 Advertisements Column 2
      188 34 ffii IMS MONTHLY LASH LINER SERVICE TO: New York, Norfolk, Baltimore, Philadelphia Charleston, Savannah, New Orleans, Mobile Pascagoula, Houston, Galveston, Beaumont Camden, Jacksonville ouTaouwo KLANAN PKUANC SfOtt VSL VOT CIOSiNC SAILINC CLOSING SAILING CLOSING SAILING s. Jackson wscie ufl i//» an 2V» w» 27/1 G. VALLEY KM 14/ M 73/U
      188 words
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      Page 34 Advertisements Column 3
      271 34 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA 12/9/89 CTO 20/9/89 Daily receiving cargo at PPW/Jurong Port/Manna/Sembawang Perita Shpg Trdg P L Tel No *****25 Tl«: 42*2 Fai *****86 PERITA CONTAINER LINE m. ANGKASA JAVA ETA DOCK ETD DOCK FORTNIGHTLY
      271 words
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      Page 34 Advertisements Column 4
      295 34 lieL> REGIONAL CONTAINER LINES ASEAN PORTS BANGKOK sailings a week BKK (Tel; NOANA PACIFIC PIYA BHUM MOAN A PACIFIC PITA BHUH SONGKHLA < sailing a week Ngow Hock Agency Co Ltd Skla (Tel: *****4) EST '.'in I I- 33 P.KELANG 3 SAILINGS A WEEK DASWANI Sdn BM PM (Tel: *****59)
      295 words
  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      171 34 m Regional Weather 9. i Ta kV V! f. TL K 1 N 3J c i lOOX. 7?,'» !Hv SIGNIFICANT WEATHER AND SEA CONOITIONS AT 7.30 A.M. SEP 8, 1989 •c O Wind dvection with tp«*d r* knots LEGEND: 5 L h £T Xm T TIoX' dr.ct.on -rfh speed ->
      171 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      745 35 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA SPORE LOADING FOR 15/9 Iraq/Japan THROUGH B/L» to BAGHDAD UPOM REQUEST ALSO ACCEPTING CONTAINERS UPTO AOABA A BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERS/CONVENTIONAL COO FOR
      745 words
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      Page 35 Advertisements Column 2
      310 35 SuIRICHFIELD MARINE AGENCIES |S| PTE S TEI *****33 (10 Lines) FAX *****15 TELEX RS ***** RISMIP (3 L.nes) rvtrn rrr»T" ftrrt r j MEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO SOUTH AFRICA DURBAN/JOHANNESBURG acceptinc BOT u CL,L^ AR sa—.< POOLGRACHT V PG92S 10/9 24/9 27/9 DILIGENCE CONTAINER V
      310 words
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      Page 35 Advertisements Column 3
      866 35 P.KELANG: 83-*****35 PENANG: 04 *****9 BANGKOK: *****21 HONG KONG: 134N111 P.T. TANTO INTIM LINE SINGAPORE/SURABAYA WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL LCL/FCL CARGOES VOY SPORE TANTO UTAMA 20/21 12/0) 15/09 TANTO UTAMA 22/23 1909 22,09 TANTO UTAMA 24/25 25/09 29/0) WEEKLY NVOCC SERVICE— FCL/LCL SYD/MEL/BRI 12/9 FREMANTLE/ADE IZ<> KEELUNG 14/#
      866 words
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      Page 35 Advertisements Column 4
      233 35 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICES lEUVE UIB W 13/» 1*» TWER lAT 7th li/t ZUt CALABAR TtCNB 1« t vamurcnko its in lifl nfl SUSAK m OH w TMBI SAY UN nn s 10 nwim S M CAIABAB "CNB JM Cflß SUSAK CM MB 1201 ALL
      233 words
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      Page 35 Advertisements Column 5
      103 35 DESTINATION ETA SINGAPORE f l;:r <• 3i2* m PORT KELANG (FCL ONLY) KIT! BHUM 12/9. 19/9. 2V9, 3/10, 10/10 KEELUNG, KAOHSIUNG L.A.A.A JAKARTA (FCL ONLY) TOKYO. KOBE, BUSAN (FCL ONLY) KARACHI. BOMBAY, COLOMBO (FCL ONLY) FARGO SHIPPING CO (P) LTD 19, Kappal Raod, #05-07/06 Jit Poll Building. S pore 0208
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      Page 36 Advertisements Column 1
      98 36 THE NATIONAL SHIPPING COMmNY OF SALfCHARABIA REGULAR RO-RO SERVICE TO MIOOLE EAST 1 ./Va'.. SAUDI KOFUF SAUDI HAIL SAUDI DIRIYAH "m-'VTT-I .TT; "lii.ri.ri JEDOAH 27 SEP 15 OCT REGULAR RO-RO SERVICE TO UBA/CAHADA NEW YORK I HALIFAX Dza TT] "I I M Mi 12 OCT 14 OCT Alto Accepting FCL
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      Page 36 Advertisements Column 2
      772 36 OCEfMSERV/CE r J m WW 000 tarmmah/offieaa In lira mm 36j000 tracton ft trad owr tOjOOO points in U.S.A. raiiabto LCL/FCL Morion. Gtrwral Agents FROM ALL UNITED KINGDOM CITIES/PORTS FROM COPENHAGEN/AARHUS FROM HAMBURG/BREMEN FROM BUSAN FROM LOS ANGELES/ALL USA IP! POINTS VIGOUR LINE CONVENTIONAL UNER SERVICE TO XMQANO A BANGKOK
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      Page 37 Advertisements Column 1
      547 37 EveretfLmesJ MfrtljU COMPANIA PERUANA DE VAPORE3 "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* ANO ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. PwiMg* P. K«Unf Slnppon HOSEEVERETT Gdn.K33/12 S* JOMNEVERETT 16/11 S«f> U/21 S* ■ANOLOEVERETT V* Oct "EVERETT ORIENT LINE"
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      Page 37 Advertisements Column 2
      359 37 Z I M T7~l 'I wm iM "■li I mm* LIVOftNO EZEIDBB Iml I ii.yt; i ACCEPTING CARGO TO ADELAIDE *1* MELBOURNE AND ALSO FCL TO GUAM. HONCKOM6. TAIWAN. PUSAN. MANILA I CtW. IM HUT CONTAINER UK 1 rr t urn I ivu fv"cr~r; GOLD STAR LINE QOLO ORU Abidjan/Apapa/Lafoa/Cotonou
      359 words
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      Page 37 Advertisements Column 3
      378 37 SING KWANG HANG mmrma a transportation <rrt) ltd WEEKLY LCL/FCL SERVICE VESSEL JENHOL 132 JENWEL 132 lm.« -m/M[ I M 'AV-II ROTTERDAM. HAMBURG, LE HAVRE 15 SEP •ALSO ACCEPTING CARGO REGULARLY TO ALL EAST MALAYSIA PORTS. BRUNEI, P.N.G. PORTS. NOUMEA, PAPEETE. EUROPE, U.S.A., CANADA FOR BOOKING A ENQUIRIES. PLEASE CONTACT:
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      Page 37 Advertisements Column 4
      401 37 WEEKLY FULL CONTAINER SERVICE WEEKLY FULL CONTAMER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA ETC ETA ETD PRASE TIA 22-23 9AM 11/00 13/00 13/00 PRABHAKTI 294-296 12/09 13/09 15/09 15/09 PRASETIA 24-25 16/09 18/09 20/09 20/09 PRABHAKTI 296-297 19/09 20/09 22/09 22/09
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      Page 37 Advertisements Column 5
      368 37 PTC CONTAINER tINES 101 ICI SIRVICt m msm 11/9 KEELUNG/K AOHSIU NG 13/9 BANGKOK 11/9 MANILA 16/9 JAKARTA 15/9 PORT KELANG/PENANG 11/9 BUSAN 12/9 TOKYO/YOKO/KOBE 15/9 HONG KONG also accepting i to Huannu/Shanzhen/Fuzhou/ Xiamen/Xingang/Shanghai 16/9 LDN/FLX/LVP/SOU 16/9 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to aH Europe inland destinations 1 7 Ti
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      Page 38 Advertisements Column 1
      896 38 II k k MERCHANT MARINE CO., LTD. FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE EABTBOUNO TO USA TO PSW HYUNDAI PIONEER LALANDIA HYUNDAI CHALLENGER HYUNDAI INNOVATOR HYUNDAI EXPLORE* SIN NKG LBM OAK SEA uc v* i«i wt ant m up nm o*lo 12/10 una 2K 23/00 20/01 IC/10 10/10 22/10 at Jl|/0l
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      Page 38 Advertisements Column 2
      486 38 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KEIANG PENANC Ifl A I*l i H»iuH 11* A 14* I*l* MO io* vn TOKYO KMC AACOYA YOKOHAMA rtt; SRI LANKA/ INDIA gts mm EUROPE/ UK JglSg ufftw 11/) 4 W WtlHfi
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      Page 38 Advertisements Column 3
      505 38 —y\^W v oi« v s rr Mitsci OS K. Lines. Ltd FULL CONTAINER UK/CONTINENT (TRIO) cmsioui mt r<r srs-sr isSI M i I££ fi <§»» IMS MEDITERRANEAN <MED CLUB)* JEDDAH ItWpipirllP Mm rotm VHMM ThMk SIN kHMMMIMHMaiI nnovoHTT TM BAT SNUAIM (MCT). LIOTCXANA U/f M 91 |f> CABMAN BAT 7/1
      505 words