The Business Times, 15 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 nUDAY, SEPTEMBER li, IN* 75 CENTS
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  • Article
    FINANCIAL NEWS SUMMARY
    228 1 Dow down WALL STREET stocks declined in eerty trading yesterday following s 28-point drop in the Dosr in the final hour on Wsdneeday. The Dow was down eight at 2072 and declining issues moderstsly outnumbered gainers. Some futures-relat-sd cash slock selling may also have weighed on stocks,
    228 words
  • Article, Illustration
    Mixed close in regional markets
    211 1 REGIONAL MARKETS cloeed mixed yeaterday with share pricae in tlagsgnn falling over a broad front Deelers said share prices fell from the start as nervous inveetors decided to take profits following the sharp overnight fall on Wall Street Lack of followthrough buying and profit-taking also
    211 words
  • Article
    US August retell sales up by 0.7pc
    124 1 US RETAIL sales rose by 0.7 per cent in August, pushed up by the Isrgest gsin in csr sslss in 19 months, ths US Commerce Depsrtment ssid lest night Highsr building msteriele sales, reflecting the summer rebound in the housing industry, slso contributed
    124 words
  • Article, Illustration
    Marina Centre dispute settled
    514 1  -  MCH'S PAYMENT OF $76m WELL BELOW $300 m CLAIMED BY HYUNDAI By JOHN TAN, MAGDALENE NG MARINA CENTRE HOLDINGS (MCH) has paid Hyundai Engineering and Construction $78 million to settle a three yeer dispute over delays snd amount of work done on Marina Square, much below
    514 words
  • Article
    Lock icon Suharto says he will crush any unconstitutional attempt to unseat him
    431 1 Agencies INDONESIAN President Suharto said he would crush any unconstitutional attempt to unseat him, linking demands tor political liberalisation with attempts to overthrow him. But political analysts are unsure whether he is referring to a specific threat. Without indicating
    Agencies  -  431 words
  • Article
    Lock icon No party posts for civil servants: Dr M
    94 1 AFP MALAYSIAN Prime Minister Mahathir Mohamad yesterday banned senior civil servants from holding official positions in political parties. "The law is clear that they (the civil servants) cannot hold positions." he said after chairing a supreme council meeting of his United Malays
    AFP  -  94 words
  • Article
    We must build up the country first: Suharto
    208 1 RECALLING Singapore Prime Minister Lee Kuan Yew s recent statement that Indonesia was the most important factor for Asean's prosperity, Indonesian President Suharto said on Wednesday that if the country successfully addressed its domestic challenges, it would have a say in world
    208 words
  • Article
    Banks resort to employing permanent part-time clerical staff
    403 1  -  By HONG LEE TIAM THREE BANKS have rssorted to hiring pert-time tellers end clerks on e permsnent basis to resolve their persistant shortage of such cleflcsl staff. Post Office Ssvings Bank is the Isteet financial institution to recruit "permanent part-time" clerical staff.
    403 words
  • Article
    Lock icon Ban remains
    57 1 Reuter INDONESIA'S Finance Minister Johannes Sumarlin said yesterday that foreigners would not be allowed to buy shares in private banks, reversing an earlier statement and increasing confusion in the market "The existing law says that foreigners are not allowed to buy shares in private national banks. The existing
    Reuter  -  57 words
  • Article
    Chok Tong to visit Sarswak
    95 1 FIRST Deputy Prime Mlniater Goh Chok Tong will visit Sarawak from Sep 15-17 at the invitation of the Chief Mlniater of Sarawak. Datuk Patinggi Tan Sri Haji Abdul TaR) bin Mahmud. The occaaion la Sarawak'a celebration of the 66th official birthday of the Governor of
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      75 1 Wedding Package $220.00 nett per table FREE Row of Stout, Beer. Sort Drinta etc (Min. 10 Tables) IT'S STILL YOU AND YOUR CROCODILE r i X mm PUT ON A CROCODILE WEAR A LEGEND AVAILABLE AT CENTREPCXNT *02-35 MARINA SQUARE *X)I2J» WISMAATRIA tOl-OVOUB CENTRE 901-08 PARKWAY PARADE tout GOLDHBJ. SQUARE
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      191 1 FmN report, PAQE 20 Editorial Comment: 12 World forex Land sales more to gain Trading more than doubles Apparel machinery show 2 US futures trade At least $30m sales expected Construction engineering 3 Plans for indemnity scheme House passes tough bill Bombay A wayward trendsetter MlniScribe No retrenchments Archaeology Hookers'
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      0 1 _`>:%,$_~[-{*}:.(~''>=(<"\:\}]`
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      83 1 A sea-change at SPH SINGAPORE PRESS Holdings is rumbling through a massive reorganisation SS designed to eliminate IV waste, streamline the conglomerate's sprawling management structure and improve decision making systems. In an exclusive interview, SPH executive chairman Lim Kim San talks about the reasons for the changes and the newspaper
      83 words
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      Page 1 Advertisements Column 5
      157 1 Quadruple Zoom+Auto Two-Cokx. •v- Ettta&vc Fond goodbyw and lolly good buys ARMED wHh a Polar Cafe curry puff for inspiration, an atumblee into Wlochaalar U .11. 'AJ diacovara tha trua meaning of old world charm. Before tha bulldozara pull It down, aha paya tribute to tha aight and amalla of
      157 words
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  • HOME NEWS
    • Article
      At least $30m sales expected at apparel machinery show
      324 2  -  By JOHN TAN ORGANISERS of the first apparel machinery exhibition are confident of selling at least $30 million worth of machinery, in view of the good performance of the region's garment industry. "The government's drive towards automation will push the demand
      324 words
    • Article
      New chief for think tank
      121 2 THE NEW chairman of the Institute of Policy Studies (IPS) Board of Governors is Hsuan Owyang, former chairman of the Housing and Development Board. He succeeds Yong Pung How who resigned the post on being sppointed a judge of the Supreme Court The institute, Singapore's
      121 words
    • Article
      POSB Installs first Interactive terminal
      66 2 THE POST Office Savings Bank has installed its first interactive terminal at its automated branch in Bras Basah Road. This terminal, called POSBanker, gives users access to information on the servicee provided by POSB. When ussd, POSBanksr displays a simpls, user-friendly menu on the screen.
      66 words
    • Article, Illustration
      Robots will raise productivity of construction industry
      353 2 THREE ROBOTS yesterday stole the heart of the general manager of the Construction Industry Development Board, prompting him to predict a 100-per-cent leap In productivity tor the industry with their use. The robots, worth $300,000, are the first to be employed in the
      353 words
    • Article
      Off to woo European companies to regional trade shows
      281 2 WITH the government encoursging the establlehment of mega trade fairs, Singapore s exhibition managers srs making s move to woo Europesn compsnies to region si trade shows here. A 17-member trade delm natinn egauon win vwi ifwi vjw* many and Castarn
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    • Article
      'Parliament did not exceed powers in amending Constitution and ISA'
      470 2  -  VINCENT CHENG CASE •r MARTIN SOONG PARLIAMENT did not go beyond Mi powin In rtctnt amenomeno to uw vonsututton and Internal Security Act which rwd>f>d Encuttvo decisions to vtml and detain poiwM stale au6versivee unreviewsbie by the courts, maintained Senior
      470 words
    • Article
      Aalborg to make S'pore regional HQ
      354 2 DANISH boiler maker Aalborg Ciserv International will make Singapore its regionsl headquarters. The local outfit will also serve as a regional centre for research snd development as well ss engineering works Lars Hjorth, managing director of Aalborg Boilers Singapore, said st yesterday's opening of
      354 words
    • Article
      Mini Scribe will not retrench
      394 3  -  By JAYARAM MENON AMID financial irregularities and a write-oft of US$2OO million facing Mini Scribe Corporation in the US, staff at its Singapore plant will not be retrenched. Johnny Lim, the managing director of Mini Scribe Peripherals, told BT yesterday; "We have told our staff
      394 words
    • Article
      Metro plugs into Trade Net
      268 3 TRADENET, the electronic data interchange that links up the trading community, has been extended to the retail sector. Metro Pte Ltd is the first retailer to use the electronic system. The data interchange will enable the company, which has a string of retail outlets, to
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    • Article
      DAILY AIRCRAFT MOVEMENTS
      958 3 ARRIVALS DEPARTURES Operator Service local From Operator Service local For number tfalM number Ikne y SiA SQ151 1145 CGK UL J1712 0840 NtT GtA GA940 1150 MES SU SQ192 0845 PEN THA TG403 1155 IKK SU SQ137 <M45 MES SU SQ138 1155 MES CAL as 20 0850
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    • Article
      Sogo raising funds for upgrading plan
      228 3 SOGO, the Japaneee department store with an annual turnover of $100 million in Singapore, ia going ahead with a multi-million dollar plan to upgrade ita store and beef up ita cuatomer eervicee here. Yeeterday, Sogo Department Storaa (S) signed a US$35 million loan agreement
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    • Article
      Plans for indemnity scheme for construction engineers
      399 3  -  By GENEVIEVE CUA A MAJOR insurance broker ia currently working out detail* of a professional indemnity scheme for construction engineers. Initiated by the Asaociation of Consulting Engineers (ACES), the scheme is now being hammered out by Citicorp Insurance Brokers (CIB). The move sppears
      399 words
    • Article
      Scale of fees for accredited checkers
      371 3 THE ASSOCIATION of Coneutting Engineera (ACES) haa worked out a range of feaa for accredited checkera (ACa) which it hopaa will serve aa a guide for the construction industry. ACES, which apent aome months working out the guide, believes that the ACa' feea should
      371 words
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      Page 2 Advertisements Column 1
      200 2 Hewlett-Packard believes u should be its service and support. 6" v r m- m- ML. r ?l mmmm SfJtS's 1 Shop for a computer system these days and you'll see computer companies going to gr£at lengths to impress you with their products. They'll talk performance. They'll talk product range. But
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      62 2 Global tamparaturaa and waathar toracaat for Sap 18 Max/ Note OUTLOOK: ■•port far 24 haan pi*or to y.aopi ua Munfcfc 16/09 Sumy New York 24/14 Rah Me»ood«o 16/12 WWy Ode It/07 Sumy Ports 22/13 Sumy Perth 17/10 Sumy Rom* 23/17 Shewen S Fronchco 29/13 Cloudy Seoul 27/19 Rain Stockholm 19/12
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  • FOREIGN NEWS
    • Article
      Lock icon Taiwan may help to repay Third World debt
      364 4 Reuter CASH-RICH but friend-poor, Taiwan is considering helping the Third World repay some of its debt, central bank governor Samuel Shieh said yesterday. The island has built up the world's second-largest reserve of foreign exchange after Japan through booming trade s with
      Reuter  -  364 words
    • Article
      Lock icon Jobs are plentiful in Malaysia, says Labour Minister
      238 4 Bernama MALAYSIAN workers need not necessarily look for jobs in Singapore ss these sre "plentiful" in their own country. Labour Minister Datuk Lim Ah Lek said yesterday. They must, however, be willing to adapt to the local condi'tions and not compare these
      Bernama  -  238 words
    • Article
      Lock icon IMF urged to increase members' fees
      186 4 Reuter THE INTERNATIONAL Monetary Fund (IMF) must raise membership fees and be given more clout if it is to avoid a debt crisis of its own in the mid-*****. Richard Feinberg, vice-presi-dent of the Overseas Development Council, said on Wednesday the fund could face
      Reuter  -  186 words
    • Article
      Lock icon US July trade deficit likely to widen, say economists
      378 4 Reuter THE US TRADE deficit now appears entrenched after falling during the first half of the year, and economists predict July's gap will surpass June's US$B.l7 billion shortfall. Imports are rising and export growth is tapering off, meaning the huge gains
      Reuter  -  378 words
    • Article
      Lock icon US Investment in India expected to rise after tax accord
      162 4 FT US INVESTMENT in India is expected to increase as a result of a new double taxation agreement signed between the two countries. The agreement could also spark new talks between India and other OECD (Organisation for Economic Cooperation and
      FT  -  162 words
    • Article, Illustration
      Lock icon Senate fails to override Bush's veto of FSX fighter bill
      387 4 Reuter PRESIDENT George Bush won his first veto battle on Wednesday when the Senate narrowly failed to override his veto of a bill attaching conditions to sn sgreement with Japan to jointly develop a new Japanese fighter, the FSX. The
      Reuter  -  387 words
    • Article
      Lock icon EC seeks to avert row over milk hormone
      405 4 AFP THE EUROPEAN Commission, seeking to avert new trade friction with the US, on Wednesday announced it wanted to postpone a decision on whether to authorise a controversial US hormone used to boost milk yield in cows. The Commission, the executive of
      AFP  -  405 words
    • Article
      Lock icon Over 13,000 E German refugees reach Munich
      420 4 AFP AT LEAST 13,000 East German refugees have reached Munich from Hungary since midnight on Sunday, border police said, as crossings picked up again overnight on Wednesday amid rumours that Budapest might cede to Warsaw Pact pressure and close its border. But the
      AFP  -  420 words
    • Article
      Taipei presses Manila on investment guarantees
      411 5  -  By AL O LABITA Jr TAIWAN has hinted that it would restrict its overseas investments in Manila unless the controversial Philippines-Taiwan Relations Act is passed by the Philippine Congress. In an arrival statement on Wednesday, a 170-man Taiwanese Trade and Investment Mission said a
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    • Article
      Lock icon Future of bases hinges on Filipino, not regional interests: Aquino
      406 5 AP PRESIDENT Corazon Aquino said yesterday she will decide whether to allow US military bases to stay after 1901 primarily on Filipino interests, rather than regional security concerns. In an interview, Mrs Aquino said she was waiting to hear what
      AP  -  406 words
    • Article
      Lock icon Pakistan to hold biggest military exercises 200 km from Indian border
      287 5 Reuter PAKISTAN announced on Wednesday plans for its biggest military exercises, but said its traditional foe India had nothing to fear. General Mirza Aslam Beg said 200,000 men would take part in the "Zarb-e-Momin" (Muslim strike) exercises in December
      Reuter  -  287 words
    • Article
      Lock icon Kissinger may testify in Desai libel suit
      267 5 Reuter FORMER US Secretary of State Henry Kiseinger might testify in a libel suit involving author Seymour Hersh and one-time Indian Prime Minister Morsrji Desai, a lawyer for Mr Desai said on Wednesday. The disclosure came during jury selection for the trial which
      Reuter  -  267 words
    • Article
      Lock icon Hungarian militia goes commercial
      92 5 Reuter HUNGARY'. Workers' Militia. resented by many Hungarian* as the Communist Party's civilian srmy. is breaking into businees, with plans lor a holiday reeort, clothing business end commercial radio station. The official news agency MTI said the militia, an armed band of party volunteers founded after
      Reuter  -  92 words
    • Article
      Lock icon Polish Communist Party chief calls for new reformist party
      285 5 Reuter POLAND'S Communist Psrty leader Mieczyslaw Rakowski has called for the creation of a reiormist left-wing party to take socialism into the new era signalled by the appointment of a Solidarity-led government Mr Rakowski made clear in a televised speech to
      Reuter  -  285 words
    • Article, Illustration
      Lock icon US wants visible results from talks with Japan
      511 5 PRESSURE MOUNTING IN CONGRESS FOR FAST ACTION Reuter THE UNITED STATES wsnts results measursble in "dollars and cents" from its latest effort to get Japan to open its markets and boost imports. Commerce Secretary Robert Moebacher said in Tokyo yesterday. "Wars talking
      Reuter  -  511 words
    • Article
      Lock icon Murdoch is Australia's richest man, says magazine
      339 5 Reuter RUPERT MURDOCH, who became a naturalised American on the way to building his huge newspaper, film and television empire, is Australia's richest man, the Australiaßusiness magazine said yesterday Australian-born Mr Murdoch's fortune was estimated at around A 53.3 billion (US$2.5 billion). This
      Reuter  -  339 words
    • Article
      Lock icon Britain's GDP growth in 1988 revised to 4.5 pc
      141 5 AFP BRITAIN'S gross domsaHc product grew by 4.5 per cent in 1986 in comparison with the previous year, according to revteed figuree released in London on Wednaaday by the national statistics office. Earlier non-ad}usted figures put the 1906 OOP growth rats
      AFP  -  141 words
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      Page 4 Advertisements Column 1
      357 4 OFFICE AUTOMATION BUYERS' GUIDE. A RARE OPPORTUNITY TO OFFER By listing in Singapore's u 5 first Databank on Office V Automated Equipment A and Services. At no cost! fcrfroduaXgmt h "tend Code dumber Manufacturer, Kgpresentives, (Distributors a*©*" w pM \*f» 6 fc cc ove^V fc C <%. ?9> Take advantage
      357 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      168 5 NGEE ANN POLYTECHNIC CONTINUING EDUCATION CENTRE rr I .1.1 fl' Course Objective To enable new tales professionals to sell effectively. Course Structure Marketing Financial, 10 sessions Selling Skills topects of Marketing -1 session 15 sessions Teaching Methodology: Audio-Visual Presentations, Workshop, Lectures, Case Studies, Buzz Group Discussions, Sales Presentation Workshop and
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      Page 5 Advertisements Column 2
      77 5 I I H Mil 11» I 11 1 k I.U i» c \IU t t ?5 rI I *3 r* 3Er s •1! I .7'.*'.. -*v m J V H as use* Hf 14 M *v i r y. INDIVIDUALITY. PRECIOUS metals, classic stylinc and exquisite craftsmanship are emiodied IN
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  • Page 5 Miscellaneous
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1398 6 SINGAPORE: HEAVY selling in the morning coupled with persistent intervention from the Bank of Japan sent the US dollar lower yesterday. The US unit had opened softer from New York after breaking 1.9770 D-mark on speculative and stop-loss selling and speculation of interest rate hikes in West Germany
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    • Article
      Lock icon IMM
      272 6 Reuter IMM CURRENCY futures extended their gains in afternoon trading on Wednesday, ending near their highs for the day as specuistors boosted values. Talk that West Germany and Switzerland could increase their interest rates spurred a flurry of buying activity in futures, pushing the dollar below technical support at
      Reuter  -  272 words
    • Article
      Asian dollar market
      265 6 ASIAN DOLLAR deposit rates yesterday closed unchanged from opening levels after quiet trading The market was looking to yeeterdey's and today's release of US economic data. Term rates were steady to a touch higher at the outset and remained unchanged aubeequentty. One month finiahed at nine 8-7/8
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    • Article
      Money markets
      48 6 THE overnight rate on the Singapore money was unchanged st 5-1/4 per cent yesterday. Term rstss wsrs slso unchanged. S$ Intfbonk rotw at Mm dot* > wt#fd( omt MD s '-2 I'M* 3 1/4 3hhMIi S 1/4 s i/» 1 inn* S 1/4 O modm 5 3/14
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    • Article
      Options
      1293 6 CURRENCY FUTURES OPTIONS Thursday, Septembei 14, 1989 omrtocnAiw («mex) Lav m 52 S3 54 JABAMMf M1M (ttym JATAW.BL TtH (MKA) I 1 1 Lm Sal 71 72 73 73 CURRENCY FUTURES OPTIONS 1MM Wednesday, Septem( Mr 13, 1989 BRITISH POUND C82.500; cents per 1 t Strike Cillt Sttttt Prtee
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    • Article
      Comex gold/silver futures
      162 6 Gold futurot on 8«| rtombor 13, 1969 100 M) MCK uSl par toy our ca Op» Lav MB* 159.90 0-40 Oct Ml JO 3*1 >40 3*0-30 3*1.30 030 No. 3*]J0 030 Ok 3*4.90 3*3.90 0J0 Nk 3*070 3*900 m tfi 3*900 ♦0.20 372.10 ***** 371*0 ***** 0.20
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    • Article
      Government securities market
      125 6 Treasury bills p^j-j rtnofl bwo cod* Yoatorday** d odng Day's Maturity NO < DffH MGH LOW 3 montfa •Q*****A 14.1249 4.31 4.26 6 NHMNM 8S*****V 18.01.90 421 4.16 4.17 4.17 1 yoor Govt! •Y*****F mmont n< 2445.90 ttsi and honHi 4.32 fc 447 Ported 1 1 ii
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    • Article, Illustration
      World interest rates
      181 6 •5152? hM*i?ra&«f 12 major bate In fpor* iniBrua nk market n 1 s i i us$ t DM SWFC Y«n 7 4ay* 9 aft 4 a* 19 1J/U 11/14 19/14—19/14 7/1 1/4 t 7/» J/ 4 19/14 11/1* 19 7/% 19 9/4 19 IS/** 19/14 19 IS/14
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  • Page 6 Advertisements
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      335 6 The Effective Use Of Technology In Finance Banking 14 15 November, Crown Prince Singapore A unique and practical confercnce on strategy, application developments new trading techniques Dealing Room Activities: The Use Of Hedging Tools Delivery Systems: New Technologies Information Developments Practical AI (Artificial Intelligence) Applications in Banking Improving Profitability Through
      335 words
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      Page 6 Advertisements Column 2
      63 6 NOTICE Bank Lloyds Bank Pic is pleased to announce that its subsidiary, Lloyds International Merchant Bank (S. E. A.) Limited has changed its name to Lloyds Bank (S.E.A.) Limited with effect from 18 August 1989, and will continue to operate its business from its office premises at: 4 Shenton Way
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      49 7 Singapore p London. (With no stop in between.) British Airways new 747-400 flies nonstop between Singapore and London. With Asian food served on request, by a crew that includes Asians. Now you know why we 11 always be the world s favourite airline. British Airways The worlds favourite airline.
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon World forex trading more than doubles: survey
      561 8 GROWTH IN PAST 3 YEARS OUTPACED TRADE EXPANSION Agencies CURRENCY TRADING worldwide haa more than doubled In the pest three years, far outpacing the expansion of internstionsl trade in goods snd services, major central banks say. Preliminary findings of a wide-ranging central bank
      Agencies  -  561 words
    • Article
      Lock icon Fed allows banking companies to trade in securities backed by loans
      493 8 NYT THE US Federal Reaerve Board haa opened the door to further expanaion of (tanking companies into the corporate securities market by allowing them to sell and trade securities backed by loana of their affiliated banka. Wednesday's ruling waa
      NYT  -  493 words
    • Article
      Banks raise service charges as operational costs rise
      555 8  -  By HONG LEE TtAM HIT BY rising operating costs, some commercial banks are raising the charges for certain services while at the same time curtailing inefficient usage by their customers. Since the beginning of this month, OCBC Bank has been restricting its
      555 words
    • Article
      Lock icon Japanese senior adviser next ADB president
      88 8 AFP KIMIMASA TARUMIZU, senior adviser to Japan's Finance Minister, has been elected as the r.ext president of the Asian Development Bank (ADB), the Manila-based institution announced yesterday. Mr Tarumizu, 56, is to take over on Nov 24, succeeding Masao Fujioka. who resigned earlier this
      AFP  -  88 words
    • Article
      Lock icon US banks post record first-half earnings
      359 8 AP US COMMERCIAL BANKS reported profits of US$7 billion in the April-June period, giving them their most profitable six months ever in the first half of the year, the government said on Wednesday. Profits at the 12,944 American commercial banks were down from the
      AP  -  359 words
    • Article
      Oilitanking signs $42.2 m loan with ABN
      95 8 OILTANKING SINGAPORE Pd Lid yMMqf ttpnyf $42.2 million loan agreemont with ABN Bank, tho proceeos or wnicfi wwi o© uaad to financa tha construcuon of IB propoeea oti terminal on Puiau Saraya. Work on tha 280.000 cubic matra tarminal complex had bagun in
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    • Article
      Philadelphia Stock Exchange's symposium
      106 8 THE PHILADELPHIA Stock Exchanga will ba holding its sixth annual International Foraign Currency Optlona Sympoalum naxt month. Thia year's symposium will cover such as tranda In tha currency option market and fund manager'a uae of currency optione. Speakers at the threeday event in Philadelphia include Sir
      106 words
    • Article
      Lock icon M'sia developing accounting standards for financial bodies
      395 8 Bernama BANK NEGARA has started developing a framework of standards to harmonise the accounting practices of financial institutions under its supervision and to ensure that financial statements they issued are comparable, a central bank official said. Bank regulation manager Abdul Murad Khalid on
      Bernama  -  395 words
    • Article
      Lock icon Accord on Mexican debt-reduction terms
      399 8 AP THE MEXICAN GOVERNMENT and a committee of banks on Wednesday announced an agreement on detailed language covering the historic debt-reduction plan reached between Mexico and the bank group in July. Officials said the language, called a term sheet, will be sent to the more
      AP  -  399 words
    • Article
      Lock icon Simex
      565 8 Reuter EURODOLLAR futuraa cioaad highar on poaitton adjustments and ehort-oovering in modarata trading yaaterday, daalan said. Weaker US car aaiaa for aarty September aided aantimant. But operators rafrainad from taking larga nnaitinna afni<4 ail al. ifci a positions imio speculation of nines in west uarmw and Swtaa intaraat rataa
      Reuter  -  565 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      76 8 This announcement appears as a matter of public notice only Continental Bank'" LOAN SECURITIZATION VIA US$l2O Million Class A Floating Rate Notes and US$2O Million Class B Floating Rate Notes Due 31 December 1996 Backed By Senior US Corporate Loans Distributed In 18 Countries Issuing Vehicle: Francis B.V. r V;r•
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      Page 8 Advertisements Column 2
      43 8 ,t s. Sunday, Sept. 17, 1989. Grand Ballroom Hilton International Singapore 120 Tribal And Fine Oriental Carpets Rugs All lots are guaranteed and backed by a full trade in value at our showroom Auctioneers Cheong Koon Seng (CKS) Auctioneers A Valuers Pte Ltd
      43 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      69 9 ABN Bank ACA-Pacific Technology Apple Computer Ashton-Tate Business Times Chiang Associates China Management Systems Compaq Computer Industries Computer Weekly Computerworld DEC Design-Phase Diethelm Industries Diversitec Dun Bradstreet International Graphic World Hewlett-Packard Intstat Australia IT-Asia Jones Lang Wootton KPMG Malayan Credit Netheiiands Insurance One+One Communications Orient Leasing Singapore PC Week Rodyk
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  • COMMODTITIES
    • Article
      Lock icon Opec should keep its US$l8 price level: Suharto
      263 10 AFP THE ORGANISATION of Petroleum Exporting Countries (Opec) should stick to its objective ot keeping the world oil price at US$lB a barrel, Indonesian President Suharto has said. "If we have to increase the price, it should only be to allow for
      AFP  -  263 words
    • Article
      Lock icon House passes tough bill on futures trade
      405 10 AP THE US HOUSE of Representatives passed legislation on Wednesday that would outlaw the types of trading fraud allegedly uncovered in a wave of indictments at the two largest futures exchanges in Chicago. The Commodity Futures Improvements Act, which was passed 420-to-0, would
      AP  -  405 words
    • Article
      Lock icon Palm oil prices to stabilise by year end, says Porim
      320 10 Bemama PALM OIL PRICES, currently hovering around the MS6BO to Ms7oo a tonne level, are expected to normalise at around Msl,ooo by the year-end. Palm Oil Reeearch Institute of Malaysia (Porim) chairman Mohamad Said Mohamad All said on Wedneeday. "Buyers
      Bemama  -  320 words
    • Article
      Lock icon LME to meet on price feed, segregation of funds
      229 10 Reuter LONDON Metal Exchange (LME) clearing members will meet on Monday to discuss their campaign to exempt metals from a new rule requiring that US client funds be kept separate, and to talk about expanding a price feed from the exchange.
      Reuter  -  229 words
    • Article
      KL Tin
      70 10 TNI PfUCi 4 fli ie Kaata l iiiipiir Thi Motel Mt*i M m ha m luiOimliiq lack el hrteceet, dealers en Am Lawdsn MeSHT b> bearish seed meet, they >wmi la the Kiwi? l oXifrSdly" The KLTM price new stands at a pi—l— ef 08,60 KL TIN doting
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    • Article
      Rubber
      326 10 Rubber prices cloeed lower yestsrdsy, with October One RSS buyer quoted et 172.25 cents e kg, down 1.25 cents from Wedneedsy's dose. At one steoe. October One RSS buyer wai down 1.50 cents on wseker Jepeneee prices end some local selling interest Trading In the afternoon was quiet but
      326 words
    • Article
      SSR and SMR
      90 10 (canft/kg) OCTOBER 1989 NOVEMBER 1989 (currant month) (fofwor d month) RAS NOON NOON k|wi Saltan lyytfl S«ll«n SSI 30 59 00 161.00N 160.00 I62.00N SSI SO 157.00 159.00N 15S.00 *****N MRELB Ivyan f,Han [yygf! JdHI SMI CV 339 JO 331 JON 331 JO 233.SON SMI L 339JO
      90 words
    • Article
      RAS and MRELB
      285 10 RAS prices m s cmms, fob in imm 1 NOON CLOSE Buyer* Buyer* Sellers Int 1 RSS Prompt 171.25 172.25N 171.25 172.25N Int 1 RSS Oct 172.25 173.25 172.25 173.25 Int 1 RSS Nov 174 JO 175 JO 174.50 175 JO Int 2 RSS OP 169.00 171.00N
      285 words
    • Article
      Lock icon Crude Oil and Products
      148 10 Telerate The Illiquid market due to the leek of buying interest kept Singapore HBFO prices stable in mm uBO6 ywwfuif. Traders said September fob Sing avaiiebilltiss remain healthy. Buyers were at $86 ml fob Sing and sellers st $88-0 mt Two 20,000 mt of September 20-25
      Telerate  -  148 words
    • Article
      Precious Metals
      385 10 HOMQKOMQ: U*AA** vjokj ciomg niyiif yiiisrday. aupported by local dak. f a r||n n mina. Dm ifMing remminea thin m tha abaanca of claar dlracttona ahaad of Via ralaaaa of a batch of US aconomlc flguraa, daalars •aid. "Tha malal waa tradad within vary narrow rangaa throughout tha
      385 words
    • Article
      London Markets
      270 10 London Commodity Exchange Buyef/SeWer do sing prkot on Sop 13 (£/tonno union spodftod). Provlous dosing prfcot In pocomhoris. CONM Ms In-Poro London, atlm option OF London S•<> 772/780 (7 58/760) Ugh/Low 763/783 Now 790/791 (778/779) high/low 790/762 Solos (5119) Cocoa Sap 758/760 (768/770) ttgh/Low 780/760 DK 814/816 (826/8271
      270 words
    • Article
      Palm Oil
      489 10 MALAYSIAN CRUDE PALM OM. FUTURES dosed firmer on short-covering on the Kuala Lumpur Commodity Exchange yaatarday. Trading was moderate and daalars said sandman! was aided by tha expectation that CPO production would start to tall from September onwards causing sellers to withdraw. The higher cash market also enhanced
      489 words
    • Article
      Lock icon Soybean
      103 10 Reuter CBOT SOYBEAN futuree settled lower on Wodooe day. giving up eerty gains on new* that the Soviet Union had completed ita foreign buying for the year. The Soviet Union announced that it had finished ita buying for the year, leaving traders wondering whether they were done buying for
      Reuter  -  103 words
    • Article
      Produce Prices
      180 10 prodl torn Oodng prices on Soplombir 13 Silm' noon dodno prfoos on S>plomb>r 14 (SI/100 kg) Coconut oil Mk FOB 93.50 Old dram FOft 103.50 Now dram FOB ***** Copra Mlxod (tooao) 51.00 Coconut oil (Ml/1 00kg) Now dram* 13X00 2nd hand drana 127J00 Bdk IISjOO Local In
      180 words
    • Article
      Lock icon Wheat
      143 10 Rsuter COOT aoll red winter wheel futures settled lower on Wednesday, preeeured by fwwi uwi in® oovw union had concluded Its buying lor ths year. Confusion sross wfwfhsr ths Sovists wsrs finishsd for calender 1969 or for the merksting yssr, snding Sep 39. Contributing to msrkst prsssurs In ths
      Rsuter  -  143 words
  • Page 10 Advertisements
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      284 10 KAMPONG LAN JUT TIN DREDGING BERHAD (Incorporated in Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of Members of Kampong Lanjut Tin Dredging Berhad will be held at the Conference Room I,lst Floor, The Merlin Kuala Lumpur, No. 2, JaJan Sultan Ismail, *****
      284 words
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      Page 10 Advertisements Column 2
      6 10 7 v l 7fi' Li MS
      6 words
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  • Page 11 Advertisements
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      957 11 Orient Leasing MOVING AHEAD FORTOU c Orient THE NUMBER 1 CAR RENTAL COMPANY OPENS ITS NEW HEADQUARTERS AND MAINTENANCE CENTRE AT 30, BUKIT BATOK EAST AVENUE 6. j l -.SiM V:>9% m I M H. > 7{ fIRa&IHK! i H mSmml t ii {&¥<.- rWwi, K*> SE?jr&>*23 rSrSf^ii ■V "v:
      957 words
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  • FOCUS
    • Article
      Land sales — more to gain
      521 12 Land sales more to gain WHEN THE STOCK MARKET heard the news of impending government land sales in HDB new towns, prices of property counters came to a standstill. Investors figured, quite simply, more land on the market would mean thinner profits for developers. That would be true to some
      521 words
    • Article, Illustration
      Lock icon Towards a 'throbbing, thriving enterprise'
      2525 12  -  INTERVIEW WfTHISPH EXECUTIVE CHAIRMAN UM KIM SAN The merger of Singapore's two main newspaper groups five years ago was supposed to eliminate wasteful duplication and improve economies of scale. But progress was slow until recently. SPH has been likened to a chariot with a team
      Source:  -  2,525 words
    • Article
      What the chairman has to say about...
      707 12 Tlm outlook lor 77m Now Papf Loseee heve been emeHer end smaller. There la a need lor en 7 evening peper with a later oftetone time to give the latset news snd If you cen make some Isaturee interesting snough without raietng too
      707 words
    • Article
      From hand press to 'Thunderer of the East'
      534 13 NEARLY 160 years ago, a group of Singapore Armeniane decided the ialand needed another Engliah language Journal. The first edition of 77w Strata Tlmee (A Singapore Journal at Commerce, aa it waa called tor a while) rolled off a clanking hand preaa
      534 words
    • Article
      Extrovert who believes in hands-on approach
      379 13 WHEN MR UM KIM BAN was oftarad tha chairmanahip of Singapore Praaa Holdinga last yaar by Na board of directors. ha had ona condition: ha had to ba givan axacutiva powara. it waa typical of a man who haa alwaya takan a handa-on approach
      379 words
    • Article, Illustration
      Battle for readers spurred merger of Chinese papers
      521 13 FOR ALMOST a century, the CMmm daily, Lat Rao, aetabliahed in 1861 by the son of s wealthy tntrtprwMur, wu rtQtrdtd m the plonMr Chinas* paper in Singapore. But in a lively, it inconclusive, debate in 1982, Singapora'a two main ChinMe dalltee,
      521 words
    • Article, Illustration
      Lock icon Bombay — a wayward trendsetter
      1560 14  - Bombay a wayward trendsetter India's most dynamic and cosmopolitan city has lost none of its money-making skills. The corporate sector is flourishing. Yet, as DAVID HOUSEGO writes, urban congestion is increasingly driving away entrepreneurs from what was once the country's industrial heartland. DAVID HOUSEGO FT BOMBAY it eyed by the
      FT  -  1,560 words
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      Page 13 Advertisements Column 1
      292 13 Business with India made simple -at last ITC tells you how. ITC Limited, a multi-business Indian corporation with a turnover in excess of US 1 billion, is now in Singapore. To present to you a whole new world of business opportunity: India. Consider: ♦the world's largest trained technical workforce ♦a
      292 words
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      Page 14 Advertisements Column 1
      76 14 I all v/' xfflsim to The Sumitomo Warehouse Co., Ltd. Japan and Sumitomo Warehouse (Singapore) Pte Ltd on the official opening of Sumitomo Singapore Warehouse We also extend our warmest welcome to Mr M. Okaniwa, Chairman and Mr M. Kawamura, President of The Sumitomo Warehouse Co., Ltd. Japan UL HAI
      76 words
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      Page 15 Advertisements Column 1
      481 15 Official Opening of Sumitomo Singapore Warehouse Message by Mr M. Kawamura President of The Sumitomo Warehouse Co., Ltd SS lis >Ss T/ie ultramodern Sumitomo Singapore Warehouse at No. 8 Tuas Avenue 5, Jurong Today I am happy to celebrate the official opening of our new Singapore warehouse, just one year
      481 words
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  • LIFESTYLE
    • Article
      Lock icon Remains of hookers' site uncovered
      507 16  -  AkCHAEOLOGY ROBERT M ANDREWS AP ARCHAEOLOGISTS digging three blocks from the White House have unearthed thousands of relics from Washington's notorious old red-light district, where Civil War prostitutes earned their US niekname entertaining General Joeeph Hooker's troops. Shovelling beneath an asphalt parking lot just south
      AP  -  507 words
    • Article, Illustration
      Lock icon Michael Jackson signs US$20m deal with LA Gear
      332 16 PROMOTIONS AP ENTERTAINER Michael Jackson has entered into a deal worth more than US$2O million with sportswear manufacturer LA Gear in which the superstar will design clothes and appear in advertisements. At a news conference in Loe Angeles on Wednesday, the singer,
      AP  -  332 words
    • Article
      Lock icon Soviet film shows benign side of KGB
      612 17  -  CINEMA By BILL KELLER NYT THE KGB has stopped up its remarkabto charm offensive with the premier* of a new film on the benign patriotism and "Just folks" life-styles of the Soviet secret police. The screening in Moscow on Wednesday, before en audience
      NYT  -  612 words
    • Article, Illustration
      Lock icon Spotlight on Warhol s works
      677 17  -  ART By GRAHAM HEATHCOTE AP ANDY WARHOL is making waves in London, two-and-a-half years after his death. Posters with his name are everywhere. Six exhibitions devoted to the US master of pop art opened in London this week. There also is a retrospective of his
      AP  -  677 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      929 16 Wfartventeiirtn.,,lMjerrtv If you knew sushi. 1 1;.; Those who appreciate only the best in Japanese cuisine have found a home in Singapore. Inagiku. Reservations, *****10 or *****85 ext *****/6. THt WtSTWPIAZA WESTIN Hmisluum THE PERFECT PLACE TO UNWIND WITH GOOD COMPANY GOOD FOOD GOOD MUSIC. Come to the Orchard Terrace
      929 words
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      Page 16 Advertisements Column 2
      192 16 esmriA COMES TO TOWM OL6I A: Over 60 tantalizing dishes, prepared with true Spanish ardour and colour. Explore the legendary flavours and visit Spain without ever stepping onto Spanish soil! Only at The Belvedere. SPANISH BUFFET LUNCH I—3o September 12 nam —2.30pm Adult: W-H- Child: $17 4+ Wi mm dm
      192 words
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      Page 17 Advertisements Column 1
      144 17 entertain.. Sip Tea In The Park And You'll See The Best Pressed Women. Ort Saturday* High Tea is very fashionable at Fountain Lounge. Not only will you dee tome of Singapore's best fashions being paraded during our Fashion Show, youlL also enjoy a delicious spread of scones, canapes and other
      144 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      637 17 CRYPTIC PUZZLE ACROSS 4 Find a new way to lace (6) 7 Forename of native Qlrt (8) 8 He should have kept hi* hair on! (6) 10 If you give him a roasting outright he deserves ItJ (5) 13 Not the tidiest place to eat (4) 14 Do pagans heat
      637 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1277 17 TV and RADIO In search of meaning js; S aw -W s* VNTS^ .V ■■■«r BUI Murray and Tharaaa Wumill OUR CHOICE THE RAZOR'S EDGE, 10.30pm, SBC 5 Bill Murray keeps his on-screen lunacy in rein as he tries his hand at something other than wacky. In an adaptation of
      1,277 words
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  • SPORTS
    • Article, Illustration
      Smith takes DHL Challenge
      480 18  -  •GOLF By CHARLES SAVAGE DAVIO SMITH used to work summers at the only golf course near his home and yesterday the experience paid off when he won the DHL Golf Challenge at Jurong Country Club (JCC). The 38-year-old Citißank business manager, in charge of the consumer
      480 words
    • Article, Illustration
      Lock icon Calcavecchia looks ahead to Ryder Cup
      276 18 AP MARK CALCAVECCHIA can now afford fancy cars and a luxury life as a millionaire on the pro golf tour. At 29, though, the British Open champion has not forgotten the lean years until he became a winner. "It wasn't too long ago that
      AP  -  276 words
    • Article
      Lock icon Strange launches European campaign with Lancome Trophy
      344 18 AP US OPEN CHAMPION Curtia Strange kicked off a three week European golf campaign yesterday with the US$BB4,OOO Lancome Trophy in France. Strange will be facing 11 of the 12 men on the European Ryder Cup team over the 6.117metre, par 70, St
      AP  -  344 words
    • Article, Illustration
      Lock icon LeMond signs on with Z
      594 18 CYCLING AP AMERICAN Greg LeMond, winner of this year's Tour de France and the cycling World Championships, aaid on Wednesday that he haa aigned a three-year, US$5.5 million contract with the French "Z" cycling team. The contract the richest ever in cycling, waa announced at
      AP  -  594 words
    • Article
      Overseas Assurance sponsoring business houses tournament
      241 18  -  CHESS By DEXTER LEE LOCAL LIFE and general insurer Oversees Assurance Corporation Ltd (OACL) is sponsoring the Business Houses Team Chess Tournament for the 10th consecutive time. Benny Yap. the deputy general manager of OACL, told BT that each year the company sponsors the
      241 words
    • Article
      Lock icon Capriati leads US team against Britain in Wightman Cup
      233 18 TENNIS AP THE US TEAM, featuring 13-year-old Jennifer Capriati, is seeking its 11th straight victory over Britain in the Wightman Cup women's tennis series that began yesterday at William and Mary in Williamsburg. US coach Marty Riessen said his players were
      AP  -  233 words
    • Article, Illustration
      Lock icon Kingdom loses to Nehemiah in hurdles
      302 18 ATHLETICS AP TWO-TIME Olympic champion Roger Kingdom not only failed to break hia month-old 110-metre hurdlea world record but loat to fellow American Renaldo Nehemiah in a track and field meet in Spain on Wedneaday. Kingdom, who aet hia world record of 12.92 seconds
      AP  -  302 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      143 18 Vfi V: J V*«V i a." ji asw »'.T. >S w ■i mss: r-„-m i »\> V vt i x /A ■J The latest models from an established name that feel just right in your hands -7 Introducing the latest range of golf dubs with the look, feel and performance
      143 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lum Chang to acquire remaining 49pc in AHPL
      422 19  -  By KEVIN GWEE CONSTRUCTION GROUP Lum Chang Holdings Ltd (LCH) has ■greed to acquire the remaining 48 per cent in Ambassador Holdings Pte Ltd (AHPL) the company which owns the Kings Ambassador Hotel and the Perth Ambassador Hotel in Austrslia for a
      422 words
    • Article
      Lock icon MMC hopes for early decision on postal service privatisation
      267 19 MBT MALAYSIA MINING Corp (MMC) hope* that discussions on the privatisation of postal services will be finalised by the end of the year. Chief executive director Ibrahim Menudin said negotiations with the authorities were still on and details were being worked
      MBT  -  267 words
    • Article
      Lock icon Guthrie Ropel's profits up
      97 19 Bernama GUTHRIE Ropel Bhd has reported a 27.4 per cent rise in group pre-tax profit to M 514.33 million for the half-year to June 30, 1989, against M 511.25 million for the previous corresponding period. Group turnover increased 9.1 per cent to M 544.93 million from
      Bernama  -  97 words
    • Article
      Resorts World listing gets approval
      309 19 GENTING BERHAD has obtained approval from the Capital Issues Committee for the listing of Resorts World Berhad (RWB) and is offering for sale 190.201 million RWB shares of Msl each to various parties. Commerce International Merchant Bankers Berhad yesterday announced in a statement on behalf
      309 words
    • Article, Illustration
      M Breweries-Guinness merger gets the nod
      510 19  -  By ANDREA BORCH MALAYAN BREWERIES (Malaya) Sdn Bhd and Quinness Malaysia Bhd have received spproval to merge, creating Quinness Anchor Bhd, a company that will dominate the brewery market in Singapore and Malaysia. But Malaysis's Ministry of Trade and Industry (MTI) snd the Capital
      510 words
    • Article
      Goodman (Asia) given OHQ status
      306 19  -  By ABDUL HAOHI FOOO GIANT Goodman Fielder Wattle (Aala) Pto Ltd. the company which Jointly controla Cold Storage Holdinga with Fraaer and Neave, has become the second Australian company to be granted Overseas Headquarters (OHQ) Statue by the Economic Development Board. The new status, which
      306 words
    • SES
      • Article, Illustration
        Market loses ground on a wide front as profit-taking sets in
        1152 20  -  KEVIN GWEE SHARE PRICES on the Singapore stock market lost ground on prof-it-taking in moderate trade yesterday after hitting a post-Crash high on Wednesday. "The overnight 28-point drop in the Dow to below the 2,700point mark did not do
        1,152 words
      • Article
        Unit trusts
        293 20 Manogors' pricM Royal Trust A not Mgt UOB Manage* ment i* I0S 126 1075 Datwo Japan Fund Sap IS Thai Maw Fund Sap 8 1 *9.194 US$1454 for Sop 15 CT S'pora Gr Fund IT Aaio-Fac Gr Fund 089 094 IMS 1-305 Uiiitnnrf Unfeond Funds (US$) Singapore Unit
        293 words
      • Article
        COMPANY MÈTINGS
        56 20 ALEXANDRA HOLDINGS LIMITED: AGM at 11 Collyer Quay #12-01 The Arcade, Singapore 0104, today at noon. MALAYAWATA STEEL BERHAD: 29th AGM at the Conference Room, Malayawata Steel Bhd. Prai, Province Wellesley. tomorrow at noon. MALAYAN CREDIT LIMITED: 27th AGM at Mandarin Court A, 4th Floor, Mandarin Hotel, Orchard
        56 words
      • Article
        SES SHARE INFORMATION
        6284 20 Gra Ore 1M> Ta4 Last Vol Day Loat Quota Wv Dlv VW Mat Wgh Low Codo Company *"**14 +OP Htflh Low Buy f v c vr P/E 8E8DAQ M Cap Smll 275 120 4000 Amtek Eng 20# 282 -12 68 270 261 281 262 12.0N 6.6 0.9
        6,284 words
    • KLSE
      • Article, Illustration
        Stock prices edge lower
        3432 21 DAMPENED by generally easier overseas bourses, share prices on the Kuala Lumpur stock market softened yesterday in comparatively quiet trading. Retreats were mostly marginal. As in the previous session. selected property counters attracted the bulk of investors' attention to close on heavy volumes. Overall, share prices
        3,432 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Firmer in thin trade
        462 22 Tokyo Reuter SHARE PRICES struggled to modest gains in thin trade yesterday, supported by fleeting bursts of fu-tures-related buying. Looming US trade and other economic data due today had investors scurrying for cover to see how the US dollar will react. The 225-share Nikkei index climbed
        Reuter  -  462 words
      • Article, Illustration
        Slightly weaker
        459 22 Sydney AUSTRALIA'S share market finished slightly weaker after a rally in the futures market inspired a recovery in afternoon trading yesterday. The All Ordinaries index closed 1.7 points lower at 1,732.5, up from the day's low of 1,715.5. An early slide was triggered by a drop in New
        459 words
      • Article, Illustration
        Prices end higher in quiet trade
        1256 22 Hongkong HONGKONG share prices closed at the day's high on bargainhunting yesterday, but trading remained sluggish ahead of today's market holiday. The Hang Seng Index rose 20.68 points to 2,612.82 after a weak opening following Wall Street s sharp drop. The market turned around
        1,256 words
      • Article
        Lock icon New Zealand: Prices weaker
        169 22 Reuter NEW ZEALAND share prices fell for the third consecutive day yesterday, but morning losses were trimmed by a rebound in late trading. Brokers said they expected the market to continue to recover today. The Barclay's Index closed 22.72 points lower at 2,349.97, which was 13
        Reuter  -  169 words
      • Article
        Lock icon Bombay: Prices up sharply
        192 22 Reuter SHARE PRICES rose sharply on heavy buying by state-owned Investment trusts for the second day running yesterday. Rumours that the government may announce tax breaks for companies also buoyed the market Many companies are planning to raise 40 billion rupees from the capital market ahead
        Reuter  -  192 words
      • Article
        Lock icon Bond sells 20.4 pc stake in Lonrho
        293 22 FT AUSTRALIAN businessman Alan Bond has sold his 20.4 psr cent holding in Lonrho. the UK-based conglomerate in another effort to ease the pressure on his debtstricken group of companies. The sale on Tueaday left Mr Bond carrying a loea of at least
        FT  -  293 words
      • Article
        Lock icon Manila: Mostly steady
        112 22 Reuter PHILIPPINE shares dosed mostly steady as traders staysd on ths sldslinss yoetsrdsy. The Manila Stock Exchange Composite Index firmed 1.15 points to end st 1,131.61, rstlecting gains by Philippine Long Distance Telephone which climbed five pesos to 436. "There wss no sggressive buying, but we saw
        Reuter  -  112 words
      • Article
        Lock icon Bangkok: Share prices lower
        181 22 Reuter THE STOCK EXCHANGE of Thailand Index yesterday closed at 714.28, down 10.65 points, on a turnover of 27,099,242 shares valued at 3,245.21 million baht. The Book Club index closed at 617.77, down 9.25. Reuter W 14 1 IANT American Standard.. 17*0 uneh Ao Kham Thai
        Reuter  -  181 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks finish sharply lower
        971 23 New York Reuter A LATE AFTERNOON barrage of sell programs, triggered by a downturn in the bond market, sent Wall Street stocks to a sharply lower finish on Wednesday, and wiped out the slender gains scored earlier on strong oil and technology stocks. The Dow Jones
        Reuter  -  971 words
      • Article, Illustration
        Lock icon Equities stand mixed at opening
        802 23 London Reuter UK SHARES rallied to stand mixed at the opening yesterday after an early markdown following Wednesday's 28point fall on Wall Street. Dealers said recurring bid speculation and new time buying was helping shares but trade remained cautious ahead of key UK and US
        Reuter  -  802 words
      • Article
        Lock icon News Corp offers US$1.35b for MGM/ UA
        355 23 Reuter RUPERT MURDOCH'S News Corp Ltd has made a surprise US$l.35 billion bid for MGM/UA Communications Co just two weeks before the entertainment giant is to be sold to Ointex Ltd of Australia. According to the New York Times yesterday. MGM/UA was to
        Reuter  -  355 words
      • Article
        Lock icon Disney going public on the continent
        234 23 AFP THE Euro-Oisneytand company that it to bulk) a Disney theme park near Paris it to go public on the London, Paris and Brueaait stock markets from November, according to compsny officials The first stags of Europe's largest theme park, and ths Disney organisation's
        AFP  -  234 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1573 23 Reuter ZURICH: Swiss shares by industrial blue chips ss Wednssdsy's week Wall Street close and high Swiss Interest rates weighed on the market The all-ahare Swiss Performance Index fell 10.7 points to cioss st 1,180.7, marginally above the day's low of 1,179.6. Traders said yesterday's setback waa
        Reuter  -  1,573 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      274 19 DAIWA SINGAPORE LIMITED A wholly owned subsidiary of Oaiwa Securities Co Ltd, Japan invites applications for the post of INVESTMENT ANALYST/ DEAIER The desired candidate should possess a recognised degree with at least 3 years' relevant experience in the Singapore/ Malaysia stock market. The successful candidate should be able to
      274 words
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      Page 19 Advertisements Column 2
      82 19 NOTICE This is to advise that Mr. Henry Goh Swee Chye (Nric No. *****20/1) had resigned as Regional Sales Manager with immediate effect. He is therefore not authorised to conduct any business transactions or act on behalf of "J.S.T. COMPONENTS (S) PTE LTD We would like to take this opportunity
      82 words
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      Page 19 Advertisements Column 3
      328 19 NOTICES 3 SD/I GRAPHIC DESIGN (SINGAPORE) PTE LTD At an Extraordinary General Meeting of the Company held on i September 1906 at 1900 West Loop South. Hoaaton, Tezaa *****, USA the following reeolntlona were paseed:1. SPECIAL RESOLUTION -WINDING-UP That SD/I Graphlo Design (Singapore) Pte Ltd be wound op voluntarily pursuant
      328 words
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      Page 19 Advertisements Column 4
      153 19 i'L.:i I'f.Vii i |r A,;i COMPANIBB ACT. CAP. M AND IN THE MATTII OP JURONG MARIN* EQUIPMENT (PTE) LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY i I |.7>* II At an Extraordinary General Meeting of the Member* of Jurong Marine Equipment (Pte) Ltd duly convened and held at 190 Cecil Street,
      153 words
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      Page 19 Advertisements Column 5
      355 19 CURRENCY INVESTMENT Wll Kl< I \I'KI B\\ TEL: 321 3333 The Company is an investment holding company whose principal income is derived from dividends received from a wholly owned subsidiary. As the results of the Company for the six months under review are not significant, the Interim Announcement reflects Group
      355 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      815 22 •NOTICES InTWMattaref The Coapaniee Act, e Cap. 80 TDOS GUIDBS (PTE) LIMITED (In Voluntary liquidation) FINAL MEETING NOTICE 18 HEREBY GIVEN pursuant to Section 308 of the Oompanlee Aot, Cap 88 that theTOIAL GENERAL MEETING of the Member* of the abovenamed Company will be held on Wednesday, 18 October, 1888,
      815 words
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      Page 22 Advertisements Column 2
      678 22 11l the Matter of the oapwiUi Act, Cap. 80 And In the Matter of CLVRK (8) PTE LTD On Member*' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 103 Upper Ctom Street #07-02 OG Building Singapore 0106 on 11 September IMB at
      678 words
    • Advertisement
      Page 22 Advertisements Column 3
      477 22 La the matter of the Co—pant— Act Cay. 80 an* In th« matter of (Membra' Voluntary Wlndlng-UP) At an Extraordinary General Meeting of the members of CHEEIANO UPHOLSTERY PTE LTD duly convened and held at 1 So--5" la Road #04-08 Peace ntre Singapore 0023 on the 14th day of September
      477 words
    • Advertisement
      Page 22 Advertisements Column 4
      852 22 IN THE MATTER OF COMPANIES ACT. CAP 50 Pursuant to Section 290<2)(b) AND IN THE MATTER Of LU-PAAN ENTERPRISE PTI LTD M *1 Extraordinary General Meeting B f the abovenamed Company duly convened and held at 137 Market Street, #13-01 Bank of East Aaia Building. Singapore 0104 on the I*h
      852 words
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      Page 22 Advertisements Column 5
      4 22 h* EE a X
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      390 23 ■BUSINESS TIMES! When we say business we mean just that Continental Bank Corporation And Subsidiaries Including Continental Bank N.A. 231 South La Salle Street, Chicago Illinois ***** Ctfft md non-mttrtsf-bMnng deposits (ntomt-tiifinQ dipoiits Federal funds sold and securities purcha to resal Trading account assets Market value December 31.1988 $1,841 December
      390 words
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  • Article
    Lock icon 'Dragons' and China among world's top traders
    548 24 COMBINED EXPORTS OF ASIAN NIEs AT USS224b AFP ASIA'S new economic powerhouses and China strengthened SST positions among the world's top 25 trsdars last year, moving ahead of Swadsn. Swltaertand and Australia, according to a new ranking isaued by the General Agreement on
    AFP  -  548 words
  • Article
    Lock icon US Trade Rep calls for new rules on investment
    234 24 AP lis TRADE repreeentative Carta Hills on Wedneeday repeated calls tor new world trade rules on investment and an end to all meosures that distort trade in agriculture. She said agreements to limit damage caueed by restrictions on investment were a
    AP  -  234 words
  • Article
    Lock icon Soviets slam Japan's defence white paper
    248 24 Reuter SOVIET EMBASSY officials yesterday criticised Japan's latest defence white paper, which said the Soviet Union still posed a strong military threat in the Far East. "We sre very dissppointed about the report considering our plan to cut back our military troops by as
    Reuter  -  248 words
  • Article
    Lock icon North Korea turns down Roh's formula
    209 24 Reuter NORTH KOREA ssid ysstsrdsy thst South Korssn President Roh Tse-woo's new reunification formula was sctuslly designed to keep the Korean peninsula -il- ,U a raiia m divided lOrtVff. The North Koresn Centre! News Agency, monitored In Tokyo, quolsd ths dsily newspspsr Rodong Sinmon.
    Reuter  -  209 words
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    Lock icon BP selling worldwide assets for US$1.3b
    205 24 AFP BRITISH oil giant British Petroleum is selling part of its share in hydrocarbon deposits in the North Sea and elsewhere in the world to US oil concern for US$l.3l billion. The sale to Oryx Energy is part of a restructuring plan of BP's
    AFP  -  205 words
  • Article
    Lock icon 'India to declare ceasefire in Sri Lanka soon'
    288 24 AFP INDIAN TROOPS In Sri Lanka will soon daclar* an noon indfd cMMflrf with Tamil guarillaa whom lhay hava baan batting to <*a*rm tor naariy two yaara. Sri Lankan Foralgn Mlrv Mar Ranjan Wljaratna said In Colombo j*atorday that tha Indian Paaca
    AFP  -  288 words
  • Article
    Lock icon Clients of illegal commodity trading firms in M'sia complain about fraud
    409 24 Bernama THE CLIENTS of some unregis- t tered commodity trading compa- nies in Malaysis have complsined to the Commodity Trading Commission (CTC) about J fraudulent trading practices by 1 the firms, claiming that they have been fleeced of millions
    Bernama  -  409 words
  • Article
    Lock icon Senate panel 'no' to Manila military construction
    129 24 AP A US SENATE subcommittee on Wednesday approved a US$7.7billlon spending bill that would eliminate President George Bush's request for military construction in ths Philippines and msks a drastic cut in funds for South Korea. By voice vole, the Senate appropriations subcommittee on
    AP  -  129 words
  • Article, Illustration
    Lock icon Singapore's offer constructive, says Quayle
    428 24 Agencies us VICE-PRESIDENT Dan Ouayla has deecrlbed Singapore's offer to host some US military facilitiee as "vary conetructive," but has not singlsd out ths Republic as an altsrnativs should talks on ths baaaa In tha Philippines layalan news agency, Bernama, in Washington. Mr Ouayla emphasised
    Agencies  -  428 words
  • Article
    DBS Land goes into joint venture with HDB to offer services to town councils
    312 24 LISTED DBS Land has entered Into a Joint venture with the Housing and Development Board (HOB) to bid tor estate management business In HDB sstatss. An announcement by the company yseterdsy said a new company. Esmaco
    312 words
  • Article
    Lock icon Comex gold end silver
    93 24 Reuter COMEX gold futuree opened higher yeeterday. buoyed by a weaker dollar. Most-activs December was US$O.9O firmer at U*****.90 an ounce. Other contracts gained US$O.lO to US$O.2O. Comex silver futuree were slightly firmer in eerfy thin trading. If silver fails to rise soon, several analysts predicted
    Reuter  -  93 words
  • LATE FILE
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      Lock icon Shevardnadze to meet Bush
      33 24 Reuter SOVIET Foreign Minister Eduard Shevardnadze will meet US President George Bush next Thursday ahead of his talks with Secretary of Stats James Baker, a Soviet spokesmsn said yeeterday.
      Reuter  -  33 words
    • Article
      Lock icon Hills to visit Japan
      41 24 AFP US Trade Representative Carta Hills is to visit Japan next month to discuss bilateral economic issues, the Ministry of Internstionsl Trads and Industry (Miti) said yesterday. She will meet Toahiki Kaifu and Miti Minister Hifcaru MatsunaflaAFP
      AFP  -  41 words
    • Article
      Lock icon De Klerk elected
      39 24 AP SOUTH AFRICA'S ruling party leader F W de Klerk was elected yesterday to a fiveyear term as president and he pledged to ensors that the voteless black majority "becomes part of the decisionmaking process". AP
      AP  -  39 words
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      Lock icon Hungary team for US
      38 24 Reuter HUNGARY sent a parliamentary delegation to the United States yesterday for talks with President George Bush and top US officials on issues including the mass exodus of East Germans through its borders. Reuter
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      Lock icon Nujoma returns from exile
      38 24 AFP THE leader of the South West Africa People's Organisation, Sam Nujoma, returned to Namibia yesterday to a tumultuous welcome after 29 years in exile, to be reunited with his 90-year-okJ mother Helvi. AFP
      AFP  -  38 words
    • Article
      Lock icon LDP reviews consumption tax
      33 24 AFP JAPAN'S ruling Liberal Democratic Party yesterday started a review of unpopular consumption tax widely considered to have caused the party's crushing defeat In the July Upper House elections.
      AFP  -  33 words
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      Lock icon Macau Cabinet reshuffle
      31 24 AFP MACAU Governor Carlos Melancia will reshuffle and expand his Cabinet early next year, increasing the number of portfolios from five to seven, official sources said yeeterday. AFP
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    • Article
      Lock icon Hun Sen to visit Bangkok for talks
      36 24 Reuter CAMBODIAN Prime Minister Hun Sen will trsvef to Bangkok by Sep 28 for talks on a possible ceasefire in the 10year conflict in Cambodia, he said on Wednesdsy.
      Reuter  -  36 words
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      806 24 FIRST INTERSTATE BANK OF CALIFORNIA CMSOUDATED BALANCE SHEET In thousands Cash and due from banks Time deposits, due from banks Investment securities U.S. Treasury agencies State and political subdivisions Other Total investment securities (Approximate market value: 1% $1,044,809; 1987 $904,558 Trading account secunties (at market) Federal funds sold and securities
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      213 24 Future of b>m Mngoo on riiipino, nui rtyionai InHnrti: Aquino, PAGE S Domicile in Switzerland Full range business and worldwide trust-service, establishing of companies, excellent bank connections, tax consulting, best references, In-Travaux Treuhand AO, CH--6300 Zug, Baarerstr. 43, phone +42 21 34 34, fax +42 22 13 52, tlx +862
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        P&O Interim profits up 28pc
        128 25 P&O STEAM NAVIGATION has reported a 28 per cent increase in pre-tax profit to £169.3 million for the six months to June 30 this year. Profit after tax and minorities came up to £116.9 million compared with £74.7 million in the same period last year.
        128 words
      • Article
        Lock icon M'sian plant to make steel boxes
        120 25 AP SOUTHERN IRON and Steel Holdings Ltd has formed a joint-venture company with four Japanese companies to manufacture marine steel containers, a company official said in Kuala Lumpur yesterday. The joint venture, Century Container Industries, Ltd, is 50 per cent owned by SISH. Japan's
        AP  -  120 words
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        Lock icon German yard wins Indonesian deal
        123 25 AP A WEST GERMAN COMPANY, JOS L Meyer, has won a US$lO2 million contract to build three passenger ships for Indonesia. Bernard Meyer, managing director of the Papenburg-based shipbuilding company, signed the contract on Wednesday with Indonesian Sea Communications director general Junus Effendi Habibie, an
        AP  -  123 words
      • Article
        Lock icon Todd files revamp proposal
        77 25 Reuter TOOD SHIPYARDS CORP has filed a proposed reorganisation plan with the US Bankruptcy Court for the District of New Jersey under its Chapter 11 proceedings. The plan provided that ail undisputed claims filed by secured and unsecured general creditors were to be paid in full
        Reuter  -  77 words
    • Article
      Lock icon Mobil in HK to build new terminal
      130 25 Reuter MOBIL CORP's Hongkong affiliate will build a new and more cost-efficient terminal that is scheduled to be on-stream by early 1993. The company said it will report a third quarter gain of US$l92 million on an exchange of property leases with the
      Reuter  -  130 words
    • Article
      Index to advertisers
      1135 25 AtC Cuntolnoilino a s Kooori Vygg vw 3/4 AfS UN 3 AhrwtM liw n S AC Tooptar XM 5 AAWOCOO Niu^M xx 4 Arrow Una* XI 5 Aaaoc Carrtagn XM S ANl IN 1/2 AfC Una VN 4 Aft V 3-5 ASQ V 1 Altai Una at
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      Lock icon Heavy lorries pose problems for anti-drug teams
      432 25 AFP HEAVY LORRIES and contsiners are posing the latest problem to European anti-drug teams, an expert told a United Nations inter-re-gional conference in Vienna on Wednesday. The expert told the second such UN conference on the fight against illegal drugs that these two
      AFP  -  432 words
    • Article
      Poseidon Container and Megapac Trans appointed agents
      175 25 POSEIDON CONTAINER TRANSPORT (PCT) will, from Oct 1, be the sole co-ordinating agent for Soyuztransit (Sotra) while Megapac Trans (Singapore) will act as general agent for PCT in South-east Asia. PCT will be responsible for booking cargoes between Europe and Singapore, Malaysia, Thailand,
      175 words
    • Article
      Forwarders welcome Customs Dept move
      499 25  -  SIMPLIFIED DECLARATION FORMS By ZULKIFU ALWI FREIGHT FORWARDERS have welcomed the simplified declaration forms for imports and exports to be introduced by the Malaysian Customs Department on Jan 1 next year. They said the new forms, based on the United Nations layout key for international
      499 words
    • Article
      Surge in ship calls following MICT move
      202 25  -  fly A! O Labita Jr THE AQUINO government's privatisation of the Manila International Container Terminal (MICT) has spurred a surge in the volume of cargoes and ship calls at Manila ports. The MICT, owned by the Philippine government, is on a 25year lease
      202 words
    • Article
      Nedlloyd still on profitable path
      143 25 SHIPPING TIMES yesterday carried a report headlined "Nedlloyd planning reorganisation following losses". However, Nedlloyd's general manager in Singapore, Mr A G A van Rappard has clarified that Nedlloyd is "still on the profitable path", with first half year profit at 112.7 million florins. The re-organisation
      143 words
    • Article
      Lock icon Strikers want PAT to manage new Laem Chabang port
      167 25 Reuter ABOUT 1,500 unionised workers at Bangkok's Klong Toey Port went on strike on Wednesday, the second time in a month, to pressure the government to allow a state enterprise to run Laem Chabang, a new deep sea port south east
      Reuter  -  167 words
    • Article
      Lock icon APL to expand feeder service
      101 25 Seatrade Weekly AMERICAN PRESIDENT LINES is seeking Mar Ad permission to expand its network of feeder ships serving China. Sea-Land Services, which does not receive operating subsidy, slso operates in the Chins trade. If MarAd were to approve the APL petition, it could as much
      Seatrade Weekly  -  101 words
    • Article
      Lock icon Shipping shares stalled in seasonal lull
      1107 26 COUNTERS HIT BY PROFIT-TAKING AFTER HITTING NEW HIGHS Lloyd's Shipping Economist STOCK MARKETS in a bull phase generally pause during the summer in order to consolidate their gains. This year has been no exception. with slow trading seen as one of the main reasons
      Lloyd's Shipping Economist  -  1,107 words
    • Article
      Bunker market report
      542 26 Density Water Cartoon Residue Ash Aluminium s#aivn*m KG/M*3 V/V M/M M/M PPM M/M Exxon method SO/Clmac limits Spec E25 Spec G35 991 991 1.0 1.0 15.0 18.0 0.10 0.15 30* 30* 0.10* 0.10* Northern Europe 180 Ave 180 Max No above E25 984 1003 15 0.2 2.6
      542 words
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      Lock icon Shrimpers fined for blockade
      169 26 Reuter THE US COAST GUARD has levied fines of up to U5555,000 on each of 55 shrimp boats that took part in last week's blockade of two Louisiana shipping lanes to protest against a federal requirement that they use trap-door devices in their shrimp nets. Also,
      Reuter  -  169 words
    • Article
      Container schedules/Ships in port
      1821 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Op Gdn Ship Voy Arrival Tranatalnar Schaduloa Blk Date/Tim* Thna From Tlma To Booking C iata Anton Arnstodt *****N 16.0989 0200 15/1300 15/1330 NA 2 14 00 00 F05 P05 02 *****9 0700 15/1100 15/1200 Tlx/fox 2 Q7
      1,821 words
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      Lock icon No unusual rise in US oil spills this year, says survey
      438 26 AP EVEN THOUGH the largest oil spill in US history and four other tsnker accidents occurred in the first six months of this year, it has not been an unusual year in terms of the number of major spills,
      AP  -  438 words
    • Article
      Lock icon Bimco backing anti-drug smuggling efforts
      184 27 Reuter THE BALTIC and International Maritime Council (Bimco) supports international efforts to combat drug smuggling and has taken action to help shipowners prevent their vessels from being used to carry drugs, says secretary-general Torben Skaanild. Speaking in Copenhagen on Wednesday. Mr Skaanild said the council,
      Reuter  -  184 words
    • Article
      London Freights
      795 27 RATES in the freight market weakened slightly on Wednesday with no. sign yet of the expected pickup in demand this autumn, brokers said. Business was quiet with few freeh fixtures reported. A 25,000 tonne cargo of heavy grain was booked from Brazil to Lisbon-Seville at U5523.00, while 30,000
      795 words
    • Article
      where your ships are due
      9016 34 Nor* 9m. NpraeM LM Sm It. Ever QanerM. Evergreen Sap 1* Judondtk. ScanOutcht. Sap IS Benevon. Trtot. Sap WW S Pantang. o|oaogatrl. Sap 2W22. ToMa Nw> Trtot. Sap >1. Ever QeWtng. Evorgroen. Sap >1. WoeMhy Mvar. CNna Oceen »W Sap 21 NoraaM tlnga. Noratu lina.
      9,016 words
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      28 25 I Itoimwii A lively way with words at a# good bootrahop* For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2021, Tlx: RS ***** BTAD
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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
      73 25 _:;/+)~^%>=$=.`&<(@/&(*={*+/'}. SALE NOW! n u B. g'g >Vi V*. V *«i. ->4 t f .)Wp&&§W "I Imm r«u •.v. > e 3»2 iv >', r W ;W- Blfiaa m U£..v*i* "r- --„>r tt U i pr > GOING GLOBAL Singapore Companies hye The World Ala n Yeo, Chairman of Yeo
      73 words
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      Page 25 Advertisements Column 4
      159 25 INSIDE Shipping share* stalled in lull STOCK MARKETS in a bull phase generally pause during the summer in order to consolidate their gains. This year has been no exception. PAGE N Spill study sees nothing unusual EVEN THOUGH the largeet oil spill in US history and four other tanker accidents
      159 words
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      Page 27 Advertisements Column 1
      697 27 OOCL Dedicated to C2wality se»vu:e JAROIM SNIPPING AGENCIES 200 CMloMMnt tad #12-05 Sou<N»nt, Smpport 0201 Td *****11 TELEX NO RS 2417) TERMINAL/CFS Td 328R11 220 BOOK IMS Td *****34 235 PCSAKA J AROUSE SNIPPING AGENCIES SON. MIO PORT KELAN6 TEL *****1 TNn No. MA*****A4A***** PENANG TEL *****4 TELEX NO MA*****
      697 words
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      Page 27 Advertisements Column 2
      1002 27 MAERSK LINE DESTINATIONS Laura M. Ctoatng Tina i a j 20/0 27/0 VlO 4/to 10/10 11/10 17/10 I*lo 24/19 29/10 31/10 1/11 7/ti a/i 2 7/10 *10 11/10 12/10 14/10 17/10 10/10 30/10 2010 21/10 2M 14/10 10/10 10/10 10/10 21/10 24/10 26/10 27/10 27/10 2*lo 2*lo 3*lo 21/10 2*lo
      1,002 words
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      601 28 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P. KELANG SOUTHAMPTON Tv OSAKA BAY TOLAQA BAY TOKYO BAY HAMBURG BREMENHAVEN 14/10 12/10 22/10 20/10 20/10 24/10 »10 2/11 4/11 ***** 3/11 31/10 3/11 0/11 11/11 AISO ACCErTIM I TO: ALL UK INLANO OESTINA BELFAST, DUBLIN, COPENHAGEN, AARHIIS, QOTHENBURB, MAUN). HELSINKI, OSLO, CARIBBEAN AMERICA
      601 words
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      Page 28 Advertisements Column 2
      381 28 COLUMBUS LINE REEDEREI GMBH A SERVICE OF HAMBURG SUDI \y EXPRESS SEMI CONTAINER SERVICE TO naifA'OMl KM NULL (UJL) i M! T\ (ASIA-SOUTH PACIFIC JOMT SERVICE) ANASttL ATLAS MS SORAYRANK VI3S Accepting LCL cam tor mm pOftl tfttChlf|V Md j Kavtonc. Ktota, Iwntora via Trawahinwint. Port Kttonf'i Af«*t: N C
      381 words
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      Page 28 Advertisements Column 3
      609 28 REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE pen "SL 0 NORTH SEA CSV 13/9 14/9 NORASIA SI PICA Mft-3 20/9 21/9 NORASIA AL-MUNTA2AH W7-3 2M 27/9 NORASIA SUSAN M2S-3 1/10 W Alto accapthv cargo lo all U.K. Owttaabont, Vawlinnfiaw SIN FIX RRE ROT ANT 15/9 lflflO 12/10 13/10 14/10 15/10
      609 words
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      543 29 Steamers Maritime Holdings Ltd STRAITS SHIPPING! \E K SERVICE FO UK CONTINENT m m w» MfU Wl VIU MAI NW PMN ta 22 kcasus progress mm aa i* ?2 S pcqasus ptontiii im a a s-a ta ROTA BAM At MM B«k| aU S* BANGKOK BORNEO A6ENCIES LTD. BANGKOK TEL
      543 words
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      Page 29 Advertisements Column 2
      973 29 GHO YANG LINE WEEKLY EXPRESS CONTAINER SERVICE (ALSO ACCEPTING REEFER CARGOES) fMKniE T^fTTTT^ SPOftE HK MO 111 ii/i aji an an an art no iw m v» um VM 11m um m una am am wi aw ani am «w m/u aiu mu ufu ax SP LN Ufl «Ai on
      973 words
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      Page 29 Advertisements Column 3
      176 29 i Sun Hitp Co (Ptr) Itd I mum/ japah/ rnuuTS service NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN A CHINESE PORTS, SUBJECT INOOCOKNT IMLINTERMARmME TU: TO; THJ (FOREST PRODUCTS SERVICE) GENERAL AGENT! NAI SUN MIP CO (PTE) LTD TEL: MR AQOni: BALATSA KMjnjM INO P. KELAM TEL A lU.
      176 words
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      Page 30 Advertisements Column 1
      334 30 tn SINOSE MARITIME PTE LTD MM ISLAMIC REPUBLIC OF L\JpJl IRAN SHIPPING LINES rrrrrr rj KYOWA LINE rr 'i•AllSt A'l/M J 4 Ai L* JW.WJ •-if.m.J 1 AlL*. TRANSPORTACION MARITIMA MEXICANA S A DE C V M M C tt tmom MAMTMK FTC LTD til an 144 pax flaw west
      334 words
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      Page 30 Advertisements Column 2
      323 30 h HAN JIN SHIPPING J FULL CONTAINER SERVICE TO EUROPE VIA SUEZ T7T SP3 TO FAR EAST PORTS FROM EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST TO PACIFIC NQRTrI WEST CANADA X I CONVENTIONAL SERVICE TO PERSIAN GULF SER ICE 50'J FROr USA CA DA 0 SPORE AGENT: CROWN
      323 words
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      Page 30 Advertisements Column 3
      156 30 CHINA OCEAN SHIPPING :OMP*N v 7TT P KLS PM MAMOUKUU «c J*J «r» TARS FAA6 KOU *111 afl Vfi v» 11/» ActMttaM FO. Cm «(r «>Mr CMmh pvn MM cttm 71 i'i MIA TM IK Ml IV* HUA SHUN Ml HI afl s MO* U/M IV* *1 x'j 1 -I
      156 words
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      Page 30 Advertisements Column 4
      307 30 t% EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE > 3* Round-The-World West Bound (FE/EURO/USEC/CARIB FE) 3 iz m.::..* L,>": US WEST COAST OUTBOUND INBOUND FAR EAST/RED SEA/MEDITERRANEAN OUTBOUND "I "--Iam an» arn a* «/u vu m m m mi MED RED SEA/F E fca n* a* FAR EAST SRI LANKA INDIA/PAKISTAN FAR
      307 words
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      Page 31 Advertisements Column 1
      326 31 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES t m 8M JKT 17/t nm •71 m# 17/ i IM tU% mm m an 1/1« vw v> 3 in# CONVENTIONAL/SEMI-CONTAINER SERVICES H rTTTST •r ii 123 35 LOAOMQ FOR: BOMRAY, KARACM, KAHACHI. Plft At.
      326 words
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      Page 31 Advertisements Column 2
      375 31 \a BEN UNE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT as 0 TASMAN ASIA SHIPPING Tl NEW CALEDONIA, FIJI AND NEW ZEALAND BAM UK CIS) NRG MMKA SUVA AM. Itf TW aS \xSSSi ww "g >w X! -25 tx voyaiq c xrto iyii am 22/11 wn
      375 words
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      Page 31 Advertisements Column 3
      219 31 ■*n -r* -T ififlTf m < 9MUAVAO7M LOW TAW— CAMS) IM« I«U (ACCVTMMMOmOML AM OBWTIMIIMB CAMS) Part MlNrt Alwudrta. Q*wo«. Trtwfc ALSO ACCfKridC MTN COWTAWdn. aMVOmOWAL CAMO VIA TfS TO UK rain, HULL. LE NAVM. OSLO. COfCMNAON. AAKNUS. OOTNEMUK AM NELSMKI ft 1 f»* mi tm% DJAKARTA LLOYD INDONESIAN NATIONAL
      219 words
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      Page 31 Advertisements Column 4
      263 31 BOUSTEAD SHIPPING AGENCIES MVANIMA FIVE STAR LINE (Burmese National' Lint) Loading for Rangoon s 'pw» PJUtaMg PMM BanAok 818 SS r n THE BANK LINE •MI-CONTAINER SfßviM SPORE ROAM mm HULL IV) w» um nm *8 a SAMOA VIM 15/9 13/11 17/H FORTH SANK V2SN 13/10 |m urn IVYBANK VSN
      263 words
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      524 32 If *Pcar too, row OOCL FREED OOCL FAITH PORT 32 E 3 0R T m .i r-* s :,r <1.,, li "W K LINE k \W \KI KM K \IM I IN) hh an am m v 2/M *M H MB mp fK/m nw> 21/1 S art w» iw MR
      524 words
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      Page 32 Advertisements Column 2
      362 32 AUSTRALIA EXPRESS CONTAINER SERVICE •MtoN fm— fw* MUBMUI MM «M IN TKMMIM B M UN 21M UUMM ■Mm >MM MMMIM U0« Ihl lOK INDIA EXPRESS CONTAINER SERVICE TKMMMW tar INDIA/JAPAN/INDIA SERVICE warn/mm U WW>M UN U.S.A. SERVICE IM ITALY/MEDITERRANEAN SERVICE A ACCORD GROUP OF COMPANIES .fV SINGAPORE ACCORD SHIPPING PTE
      362 words
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      Page 32 Advertisements Column 3
      256 32 IIsJ GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a Tttct Arm SkM* SINCAPOftf MM TU UUM (M LIN(S) F»i SMW ■BAR QULf KRVICL Tmn P. MJ. jfr Z Z CHINA OCEAN SNIPPING CO., PEKING THE PEOPLES REPUBLIC OF CHINA 1 vi toft IB mry. SSL £111 Kill OUAN GUAN f.
      256 words
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      Page 32 Advertisements Column 4
      144 32 PHILI ORIENT LIMES PTE LTD :i. TT~T iw.i M EE iL -IJ ,J. I. I TITf T la v .1 Fa ft LA i;i*V|iir ~i.f,\, r.\ I II im .t ;i i 1 I > IIU I I I I SPAIN i' 5 i,I imn FOR FNQUIRIFS TIMBER PLYWOOD SERVICE
      144 words
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      Page 33 Advertisements Column 1
      474 33 AfMb fin EPTU tSm TWES sas sss (CM no. iaaor74ooooi) PiLin. L' w NEPTUNE ORIENT LINES LTD K P R I I M P R T r-c, 4y < LB ill a/io oa/io 0«A0 ■no wio lino ■i n/io u/io MOHMH mr*OT N firm tw 14/10 ayio 11/10 oi/ii 00/
      474 words
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      Page 33 Advertisements Column 2
      388 33 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES !Hfi I iF r s h s x m v» s s St BALT CANADA LINE FULL CONTAINEBSHIP SERVICES kki «ggm» CADOOEB FOB CAWAOMBA INLANO DESTINATIONS WA HTMAL FESCO LINES :n it »i dIMTMP«P«t Tuncotw StSS OCT 10 OCT Si OCTIS? OCTJS newt BOOKINGS
      388 words
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      Page 34 Advertisements Column 1
      319 34 3 f msm CORPORATION (PTE.) LTD. Til 225 6868 {34 Urn) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/8 SSCAO DSR-LIHES l INTEGRATED CONTAINER SERVICE muoF eacon soma TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE ill. H 11. i jn-irv-r KUIMMCA ACCOTIM CAMO FOB UNMSSOI, IOSIN. ISTANWL TO
      319 words
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      Page 34 Advertisements Column 2
      173 34 MONTHLY LASH LINER SERVICE TO: New York, Norfolk, Baltimore, Philadelphia Charleston, Savannah, New Orleans, Mobile Pascagoula, Houston, Galveston, Beaumont Camden, Jacksonville OUTBOUND BELAWAN PKELANC S'POtE VSL VOT CIOS4NG SAILING CLOSING SAILING CLOSMC SAILING 1 JACKSON WSCIfIS liH V) W G. VALLEY WSCIHI4/W Z3/l» WM FROM: Port Sudan, Karachi, Jamnagar, Bombay
      173 words
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      Page 34 Advertisements Column 3
      304 34 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMAR A NG/PAN J ANG/CIGADING/ BENGKULU S". fl* ETD LOAOIM FOR *LI 203JS PANJANG/PK. BALAM DOC °°CK PAN JAM LA"2S»MYA 19.9J9 2Q.9J9 JAKARTA/PARIANS PIN AUG JAYA 15.9J9 16.9J9 HANJANG/PK BALAM PttlTA JAYA 2CL9J9 21JJ9 PAN AKG^AKARTA ABAOI JAYA IL9JB 19.9J9 JAKASTSPASJANC POITA
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      Page 34 Advertisements Column 4
      207 34 ASEAN PORTS BANGKOK < sailings a week OH TM nv a/» Frt P.KELANG 3 SAILINGS A WEEK DASWANI Sdn Bhd Pkl (Tel *****59) PENANG 2 SAILINGS A WEEK Jill Mi oL>: ■M-.I.AU JV'.K'J I'T.'" ifm JAKARTA 2 SAILINGS A WEEK PT Sarana Pentda Jkt (Tel: *****6) SURABffififH SAILING A WEEK
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  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      148 34 Regional Weather y 4 mwm >.v* m •>;, >* -V M < J r^" I •>•» >■-* >- fl *r ff: <* V •>_ y ->. L SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AJL SEP 15, I*9 P Temperature V A\ Weother Wrnd dkect<on wHh ipeed n knot* "an
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      286 35 n UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE RAQ) STATE ENT£RP«-SE MARITIMf TAftNSPOfU EAST BOUND SERVICE ETA S'PORE LOADING FOR *9 (rat/JapM TMOUW ML* to lACNOAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AOABA IAOtOAD REEFER »Mt AVAILABLE UPTO AQASA UMRMB CONTAMERSfCOMOmONAL COO FOR Mta
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      Page 35 Advertisements Column 2
      305 35 ffll 1' |1 RICHFIELD MARINE AGENCIES IS) PTE LTO TEL *****33 (10 lines! Ml ***** IS Ttlfc* "S 3555J HIaHIP (3 linesT '21 F MKr u NETSMCT TJJ* OAMEMALAAM, MQMBM*. OJBOUTI UASSAWA HOCJWMI Ull OAMMALAAM. MOMBASA. OMOUTI unvi nM MASSAWA HOOtIOAf, JIwOT Wll OA«E«^^MOMJM^M«*ni VOY M UM MA—AW*. MOOCBAM Other
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      Page 35 Advertisements Column 3
      592 35 P.T. TANTO INTIM LINE SINGAPORE/SURABAYA WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL LCL/fCL CARGOES TANTO UTAMA TANTO UTAMA TANTO UTAMA TANTO UTAMA GENERAL AGENT:MAINFREIGHT (S) PTE LTD TEL 222*212 UNEB), MAINFREIGHT (M) SDN BHO PORT KELAMQ: TIL M«2J7I/t CCNI CCNI COMPANIA CHILENA DE NAVEGACION INTEROCEANIA 8A GREAT ANDES SERVICE FEEOO VSL
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      Page 35 Advertisements Column 4
      209 35 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL WW aw *c*« TMBUMNKO i7S» tSAKM uvt mi St* MY UN ILAIAI 77CM tsAxcn W i 35 VKTNAM SERVICES ...oil. 1 i Hamburg West Germany Tiger Line W ®r CALAMI MM m °f* SUSAK m nn «n TWER BAY 8(1 calami mm
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      Page 35 Advertisements Column 5
      60 35 FARGO SHIP, REG LAR EXPRESS ECt ICL SERVITE 4 TTJ DESTINATION TV r POiT ISLAM (fa ONLY) CZI n*. m, v* iAKAITA (Fa ONLY) TOKYO, KOK. MM (Fa ONLY) (Fa ONLY) FARGO SHIPPING CO(P) LTD WS ABC CONTAINERLINE N.V 7TT AUSTRALIA/NEW n tl r 1* DATS TO TO USA/CANADA U
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      71 36 •t it MI COMmNY Of SAUOI ARABIA REGULAR RO-RO KnVKf TO MOOLE P KELAMC OCT "i j-V 3 m;. iZl_* IV.' vut: 11. 1 IT mm "i I a: TO UtA/CAWAOA TT~ TTT^ir" nn grr*i see in TTTTT7TT US Mm* Nab SEGANI SON BHD TllWin fcl»y»u: ScGANI JOT Mill UNSHIPPING
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      Page 36 Advertisements Column 2
      764 36 zr OcERnSERVia PENANG —I KL: ALLIED-LINK Mt/CkrMiM CMmv SINGAPORE: 778 6522(22 lines) EWm Tw/Crtw Yap TO/FROM CHILE rratf ■ono vusa m row) arka iqq antofvalp sn VI M QLOnOUt OCCAM Ml MM KM UK MU—. mm Iff MM larauco MM M 5 *5 iSu wuu/u 38 CARGO FOR PUNTA ARENAS,
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      555 37 Everett Lines COMPANIA PERUANA wA DE VAPOREB "PERUVIAN STATE LINE" LOADING FOR CALLAO.MATAJtAMt, ILO* ANO ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. P. Mmi tl»p)in MP** I*2l U$ VI Oct ap Oct M 'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
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      Page 37 Advertisements Column 2
      268 37 Z I M i ti USA Em! A M C«Mt nßiaza nazal i j'l :dddi TWO 1/11 2*lo urn ttfli ACCEPTING CARGO TO AOEIAIOE YJA NEIBOURRE ARO AISO FCL TO MAN. HON6KOM. TAIWAK, MBA*. NARIIA i CERU. ZM HUT CMTAINU UNE igggg GOLD STAR LINE GOLD FUTURE Cre.Cilnii.Mi VAAL OwtM,
      268 words
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      Page 37 Advertisements Column 3
      457 37 SING KWANG HANG •l»H« ft TRANSPORTATION (FT*) LTD WEEKLY LCL/FCL SERVICE VESSEL JENHOL 133 A VESSEL IML'.yroiVfrill A VESSEL OCSTMATIOMt ETA WOAI PORT KELANQ 15 SEP MANILA 15 SEP HONG KONG. ALL CHINA PORTS 16 SEP KEELUNG. KAOHSIUNG 13 SEP BUSAN 15 SEP TOKYO, KOBE 17 SEP CHITTAGONG 18 SEP
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      Page 37 Advertisements Column 4
      400 37 PERINTIS LINE EEKLV PULL CONTAINER SERVICE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SINGAPORE JAKARTA ETA FTD ETA ETD PRASETIA 24-25 16/09 18/09 20/09 20/06 PRABHAKTI 296-297 19/06 20AM 22/06 22/06 PRASETIA 26-27 23/06 26/08 1 27/09 27/09 PRABHAKH 296-299 26/09 27/09
      400 words
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      Page 37 Advertisements Column 5
      371 37 PTC CONTAINER LINES (CI LCI SERVICE 17/9 KEELUNG/KAOHSIUNG 16/9 BANGKOK 19/9 MANILA 16/9 JAKARTA 22/9 PORT KELANG/PENANG 18/9 BUSAN 19/9 TOKYO/YOKO/KOBE 18/9 HONG KONG ate aca^ 16/9 LDN/FLX/LVP/SOU 16/9 ROM/HAM/ANT/LE HAVRE/GENOA ibo accepting cargo to al Europe inland destinations 18/9 LAJNYC/SFO 16/9 VANCOUVER/TORONTO/MONTREAL 11 1 A f'-. 22/9 P. MORESBY/RABUAL/LAE
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      853 38 k I I A k MERCHANT MARINE CO., LTD SIN MM lIM OAK KA ■rrrm SIN MM TAC riANO P3ES 3b? IW an 1W VP a m wi am a/a aum vm an* um pu VP DPI *11 Nfll HO Ml P LVU 3 FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE WESTBOUND
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      Page 38 Advertisements Column 2
      427 38 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPHNQ FCL BOOKINGS) FAR EAST i' i NAaOTA TOKONMM SRI LANKA/ INDIA EUROPE/ UK FEUXSTOWI REGULAR CONVENTIONAL SERVICE T SWISS SHIPPING PTE LTD St^aaot*MM. Ttf: SIMM<S UM>TtxttW •Mr FAR EAST EUROPE MONTHLY BREAK MILK SERVICE ETA SIN PKL
      427 words
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      Page 38 Advertisements Column 3
      400 38 'IS V •V r MitsciOSK Lines Ltd FULL CONTAINER EXPORT TO; UK/CONTINENT (TRIO) MEDITERRANEAN (MED CLUB)* JEDDAH ■rRTHIK- s r MIDDLE EAST (OASIS)' HCi jS= III" TO: SOUTH AFRICA mm turn jnj TO: SRI LANKA/INDIA/PAKISTAN ETA MR Oil (MMMNTMWVVM UXtmm PMMM• MH IM WA PIMM •ill sSsr— J 7j5HP c
      400 words