The Business Times, 26 June 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday June 26 1990 75*
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  • NEWS SUMMARY
    • 71 1 THE FIRST DAY of talks between the US and Japan to try to remove trade barriers and narrow trade imbalances failed to produce agreement in any key area, officials from both sides said yesterday. A member of the US team said
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    • 44 1 JAPANESE COMPANIES can claim deductions from their taxes at home for donations overseas, the Ministry of International Trade and Industry said yesterday. The new regulation was adopted to encourage Japanese companies to contribute more to overseas projects and activities.
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    • 31 1 THE People's Action Party has set up a task force to compile a book on the role of women in Singapore in the past 30 years Page 2
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    • 30 1 THE BATTLE for the computer workstation market heated up last week as dethroned market leader Hewlett-Packard unveiled a new family of higher performance, lowerpriced workstations. Page 12
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    • 23 1 BUSINESSMEN and investors are questioning the direction of Thai politics and are assessing the impact on their businesses. P»ge 7
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    • 35 1 SOVIET President Mikhail Gorbachev's mounting problems are casting shadows as far as Dublin, where EC leaders Sre to debate whether to back up verbal support for him with hard cash. Page 8
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    • 24 1 ROHLIG International and Fransmer Services have signed a pact of cooperation to tap each other's economies of scale. Shipping Times Page I
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  • MARKETS SUMMARY
    • 45 1 BLUE CHIPS pushed ahead again after a brief retreat yesterday, but the general market was not as strong. The Dow was ahead 18 points at 2875 in early trading. It sank 45 on late program-sell-ing last Friday. Gainers led dediners by marginally.
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    • 26 1 LONDON share prices were higher at midday yesterday. At about 12.15 pm (1115 GMT), the FT-SE 100-share index was up 10.4 points, at 2,388.9.
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    • 32 1 UPMARKET watch retailer The Hour Glass is proposing a one-for-four bonus and a renounceable rights issue of $19.2 million 5 per cent unsecured five-year notes with warrants Page 3
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    • 21 1 RETAILER C K Tang would have made more money if not for losses at subsidiary Gamut Trading Page 3
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    • 11 1 HOTEL PROP goes into harbour cruises Page 3
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    • 26 1 THE S G Warburg group, one of London's iop investment banks and securities houses, has extended its fund management operations to Singapore. Page 6
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    • Article, Illustration
      29 1 Monday Change BT-MGA 784.59 -2.24 Kuala Lumpur ....580.61 +0.97 Hongkong 3,276.44 26.0 Tokyo 31,124.19 -570.38 Sydney 1,511.9 -1.1 Friday Change New York 2,857.18 -44.45 London 2,378.5 +8.2
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    • 21 1 Exchange rates USS S$ 1.8425 Yen S$1.1837 MS SS0.6793 Money market rates Overnight 6 1/2 -1/4 3-month 7 3/16% unch
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    • 35 1 London Gold PM fix US$353.40 US$5.00 Rubber S'pore July 157.25'/kg -0.25 M'sia July M232.50«/kg +0.50 KL Tin Turnover 80 tonnes +34 Spot M$l6.45/kg unch Crude palm oil Turnover 441 lots +329 Jul M$667/tonne -5
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  • 426 1  -  By Lilian Ang THE Hong Leong group has been given the go-ahead for a major condominium project in Upper Changi Road East, next door to where one of the group's subsidiaries has just started work on a residential development. But even as news
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  • 384 1 THE PROPOSAL for weekend vehicles is emerging as a major item on the agenda for public debate about land transport matters over the next few months. Kicking off the debate last night was the Automobile Association of Singapore, which organised a forum
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  • 332 1 WEST GERMAN car maker Mercedes-Benz is using Singapore as a testing ground for an idea that, if successful, will be applied elsewhere in the world. It has set up its first ever regional office in Singapore. The company used to direct all international operations from
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  • 520 1  -  By Elaine Koh SINGAPORE AIRLINES' present fleet will almost double by the end of the century to 76 aircraft. It would then be wellplaced to capture a growing slice of the pie, since worldwide air passenger traffic is forecast to
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  • 454 1  -  By Walton Morais THE UNCERTAINTY over land titles for non-resident foreigners investing in residential property in Batam has not deterred Singapore buyers from responding positively to the SI-billion Waterfront City project. About 80 per cent of the 644 units in two bungalow and double-storey terrace housing
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  • Page 1 Advertisements
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  • HOME NEWS
    • NEWS ROUNDUP
      • 87 2 A THREE-MEMBER team from Pakistan will be here this Friday to inform Singapore businessmen about the opportunities available in Pakistan. Mr Abdul Hameed Khan, Additional Secretary of the Ministry of Industries, will talk about the investment incentives and opportunities in Pakistan for foreign private
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      • 89 2 A TEAM of research doctors from the Department of Obstetrics and Gynaecology at the National University Hospital have achieved another breakthrough in increasing the chances of pregnancy for women by creating "artificial" wombs and fallopian tubes. The "artificial" womb was created by growing the inner lining
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      • 111 2 LOCAL budding artistes and creative people should increase their interaction with foreign painters, performers and writers to enhance their own ability, urged Mr Yatiman Yusof yesterday. Speaking at the opening of the "first one man art exhibition" by Mr Rashid Salleh, Mr Yatiman said such international
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      • 46 2 PRIME Minister Lee Kuan Yew will be the guest of honour at the People's Association (PA) 30th Anniversary Concert this Saturday. PM Lee, who is chairman of the PA, will deliver a speech at the event at the Kallang Theatre.
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      • 131 2 SOME 350,000 visitors took time off to experience the Singapore of tomorrow when they visited the exhibition "Singapore 2000 Global Technopolis". Held at the Changi International Exhibition and Convention Centre, the exhibition had a maximum capacity of 360,000. Visitors came not only from Singapore, but also
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    • 367 2  -  By John Tan THE PEOPLE'S Action Party's (PAP) Women's Wing has got off to a good start but women are still shying away from politics, says the Women's Wing chairwoman Aline Wong. Reviewing its first year of existence, Associate Professor Wong told
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    • 289 2  -  By Lim Mui Khi COME 1992, pedestrians traipsing around the Central Business District will be able to find a cool respite at the junction of Cecil and Church Streets. That is the vision DL Properties Pte Ltd has of its 28-storey building, which will have its
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    • 252 2 PACKING and preparing of food, according to an Australian specialist in food industry robotics, are two of the main areas where automation can be applied successfully. Robo Foods found that a low-cost manipulator to array packing cartons, as well as automated handling systems
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    • 281 2 THE Japan-Singapore Artificial Intelligence Centre (JSAIQ was formally established yesterday by the National Computer Board and the Japan International Cooperation Agency (Jica). It would go some way towards producing the estimated 450 experts in artificial intelligence that Singapore would need over the next three to five
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  • Page 2 Advertisements
    • 763 2 5 The HOUR GLASS LIMITED 268 Orchard Rood, #18'0I Yen Son Building Singapore 0923 W: *****03 Fa* *****83 Tlx HOURGS RS ***** AUDITED RESULTS FOR THE YEAR ENDED 31 MARCH 1990 rs of The Hour Glass Limited is pleased to present their report of the consolidated results for the year
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    • 99 2 This announcement appears as a matter of record only. SHELL MDS (MALAYSIA) SDN BHD Phase I of the M$1 Billion Syndicated Credit Facilities M$500,000,000 Guaranteed Notes Due Year 2000 Unconditionally and Irrevocably Guaranteed by Development Commercial Bank Berhad MUI Bank Berhad Algemene Bank Nederland N.V. The Dai-Ichi Kangyo Bank, Limited
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 493 3  -  By Magdalene Ng UPMARKET WATCH retailer The Hour Glass Ltd is proposing to raise $19.2 million through a loan stock-cum-warrants issue, and reward shareholders with a one-for-four bonus issue for a record performance in its latest financial year-end. In a separate statement, it said
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    • 350 3  -  By Lim Mui Khi RETAILER CK Tang Ltd would have posted better year-end results if not for high operating overheads at its luxury goods arm, Gamut Trading Pte Ltd. Despite this, as well as higher wages and operational costs, group profit
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    • 393 3 Bernama UJdW HOLDINGS Bhd has tto beef up its existing ibly plant and, if necesbuild a new plant to its assembling capacity tt»yO,000 units of vehicles a v&r from 50,000 units cur3rtly. J J Its chairman, Tan Sri Zakaija Ali, said that
      Bernama  -  393 words
    • 251 3 Bernama MALAYSIAN Plantations Bhd (MPB) expects to complete its proposal to amalgamate with Kamunting Corporation Bhd (KCB) by the end of this year. "We hope to receive the approvals of all authorities by the last quarter of this year to enable
      Bernama  -  251 words
    • 644 3  -  MARKET TALK By William Chia jjlE INDONESIAN stock market, wlich was billed as the fastest-growing iff the world last year, appears to be wftighed down lately by new regulations aitd a flood of new issues that have dinned liquidity from the market. I Last month,
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    • 243 3 EXPANDING into the leisure industry, Hotel Properties Ltd has bought an 80 per cent stake in Waterfront Cruises Pte Ltd for $600,000. The acquisition, made through Hotel Prop's whollyowned subsidiary HPL Tourism and Leisure Pte Ltd, was announced over the weekend. The HPL
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    • COMPANY BRIEFS
      • 173 3 ARROW ASIA VENTURES Ltd, a new venture capital fund aimed at investing in Singapore and the region, received a total subscription of $26.2 million at its first closing on Jun 8, 1990. The amount of subscription monies exceeded the minimum expected level of $20
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      • 24 3 UNITED INTERNATIONAL SECURITIES has an unaudited consolidated net tangible assets backing of $1.44 pef share as at end-May 1990.
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      • 35 3 THE ASEAN FUND'S unaudited net tangible asset backing per preferred share at June 21 was US$l4.ll while that of the Thai Prime Fund amounted to U5521.68 as at June 22.
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    • 192 3 IN LINE WITH the expansion of its shipping business, Inchcape Bhd has acquired Kim Shipping for $825,000 in cash. According to a release issued yesterday, Kim Shipping is a liner and tramp shipping agency which represents Ahrenkiel Liner Service and The National Shipping Company
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  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 81 4 PHILIPPINES FOOD and beverage giant San Miguel Corp was the country's most profitable corporation last year, the official Securities and Exchange Commission said yesterday. San Miguel's reported profit after tax was up 18.5 per cent at 2.43 billion pesos on a gross revenue of
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      • 86 4 SEVENTEEN SENIOR OFFICIALS of the state-controlled Philippine Airlines (PAL) confirmed yesterday that they were to be criminally charged for losses suffered by the carrier and they appealed for fairness. PAL's executive vice-president, Leslie Espino, said in a written statement that he and 16 PAL officials
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      • 109 4 INDONESIA'S PT BIMALINDO Citra Industry and Japan's Toyo Menka Kaisha, Ltd and Idemitsu Petrochemical will establish a US$lOO million styrene monomer processing plant in western Java, the daily Jakarta Post said on Saturday. It said the plant will start operating in 1992 and will produce 100,000 tons
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      • 67 4 SHARP CORP will boost output of eight-megabit mask readonly memory (MROM) chips to 700,000-800,000 a month in the fourth quarter of this year from the current 500,000, a company spokesman said yesterday. The company will increase output further next year, but did not forecast volume. The
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      • 76 4 NITTO DENKO CORP forecasts group net profit will decline to 6.00 billion yen in the year ending March 31, 1991 from 7.08 billion the previous year. Nitto Denko, a electronics and medical materials maker, estimates current profit at 12.20 billion yen in 1990/91, down from
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      • 57 4 FUJITSU ESPANA, SA, a Spanish unit of Fujitsu Ltd, will start production of public branch exchanges (PBX) designed for internal digital communication networks by the end of 1991, a spokesman said yesterday. The plant, located in Malaga, plans to produce PBX units of 400 circuits and
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    • 360 4 Reuter THAILAND'S largest natural gas producer and biggest foreign investor, Unocal, is planning further expansion, including possible investments in the downstream market. Unocal Thailand Ltd's president Graydon Laughbaum said: "We're putting a lot of earnings back into the business. We're very focused on the expansion
      Reuter  -  360 words
    • 258 4 Reuter AUSTRALIA'S corporate watchdog has urged businessmen to adopt a code of ethics that obliges directors to be more open to independent auditing. "There is no doubt that Australia's corporate reputation overseas has been adversely affected by questionable behaviour in a few high-profile companies,"
      Reuter  -  258 words
    • 649 4 Reuter A CASH INJECTION for Elders IXL Ltd from the sale of its controlling stake in Elders Resources NZFP Ltd may not speed up its planned capital return to shareholders, say analysts in Sydney. "This (sale) is the first positive thing
      Reuter  -  649 words
    • 206 4 Reuter THE INDEPENDENT directors of Elders Resources NZFP Ltd have said that they are seeking advice from Bankers Trust Australia on the sale of the Elders IXL Ltd's 52.7 per cent stake to Carter Holt Harvey Ltd (CHH). "Until the committee obtained details of
      Reuter  -  206 words
    • 1005 4 AP FOR JAPANESE, the word zaibatsu conjures up images of sacrifice and dedication to the lost cause of global domination during World War 11. The zaibatsu huge holding companies which funded Japan's war effort were dismantled by US trustbusters more
      AP  -  1,005 words
    • 139 4 AFP JAPAN'S giant trading house Mitsui and Co has reached an accord to have a 4 per cent stake in Hungary's chemical company Borsodi Vegyi Kombinati Rt (BVK), a press report said. Mitsui hopes to have a strong foothold in the European chemical
      AFP  -  139 words
  • Page 4 Advertisements
    • 126 4 interest in Western Australia as an area of potential for business and gJW > trade possibilities, the Department of *i J M W Trade Development of Western Australia IS organising a series of 7-day fully-conducted Business a|/jjf V/ I Investment Tours. I X tidiern S Highlights of the tour include
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    • 102 4 THE COMPUTER-BASED SERVICE FOR Technical Analysis C HARTAMATIC the industry standard charting software. 500 days/ weeks and more of history from an extensive database of SES, KLSE.SEHK stocks, Thai indices and sectorials, world market indices, currencies, KLCE commodities, precious metals and much more! A thoroughly professional system with an exhaustive
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  • INTERNATIONAL COMPANY NEWS
    • 459 5 AP A WEST GERMAN bank and a French bank hold the key to tycoon Donald imp's hopes of raising a $65 million loan in the ;t two days and avoiding a ault on a casino bond is- according to a banking ggurce. £The
      AP  -  459 words
    • 206 5 Reuter THE ZURICH Stock Exchange held discussions yestefday on whether to launch a formal insider trading investigation in connection With the agreed takeover of Jacobs Suchard AG by Philip Morris Companies Inc. W"But I don't know if we'll ivy make a decision today,"
      Reuter  -  206 words
    • 490 5 IHT THE Swedish forestry company Svenska Cellulosa AB (SCA) has made a friendly cash offer of £544 million (U*****.7 million) for Reedpack Ltd of Britain, one of Europe's largest office supplies, paper, and packaging concerns. SCA said Reedpack had recommended
      IHT  -  490 words
    • COMPANY BRIEFS
      • 90 5 AMERICAN Express Co plans to establish a European head' quarters at Canary Wharf, the business centre in London's docklands under development by Canadian property company Olympia York Developments Ltd. Travel, financial and information services group American Express said the move» which
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      • 81 5 FRENCH tyre maker Michelin has told employees that its workforce will be cut by 2,260, primarily through early retirement, a Michelin works committee official said. A company source said last Friday that up to 2,500 jobs would go, mostly in Clermont Ferrand, central France, where
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      • 82 5 ITALIAN firm Selenia, a subsidiary of IRI-Finmeccanica, signed a contract in Rome for making radars in a joint venture with the Soviet Union. Selenia sources said the contract was signed with officials of the Soviet Civil Aviation and Radio Industry Ministries late Friday, and calls for setting
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      • 80 5 FACED with persistent softness in its important cereal and pet food businesses, William D Smithburg, chairman and chief executive of the Quaker Oats Co, said on Friday that sales and earnings for the fiscal year ending June 30 would be flat or "slightly lower" than
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      • 67 5 ALLEN QUESTROM, chairman of Federated Department. Stores Inc and Allied Stores Corp, said that up to 20 of the company's 260 department stores could be closed in the next year or so, but that these would be closed for business reasons and not due to
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      • 97 5 FRENCH electronics group Thomson has developed a new, process for transferring high-definition television footage to 35-mm film four months after the Japanese. At a film festival in Biarritz, France, on Saturday, Thomson showed! one minute of such a film, using a process developed less than two
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • 386 6  -  By Soh Tiang Keng THE SG WARBURG group, one of London's top investment banks and securities houses, has extended its fund management operations to Singapore. For a start, it is shifting US$25 million worth of funds from London to Singapore to be
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    • 325 6  -  By Quak Hiang Whai SANYO Securities, Japan's 7th largest securities house in terms of total assets, has incorporated a merchant banking subsidiary in Singapore. The Japanese brokerage house expects to receive its final approval from the Monetary Authority of Singapore in about two weeks'
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    • 529 6 Reuter EAST EUROPEAN nations will have to prove they are on course for democracy and free markets before they can borrow from the newly-creat-ed European Bank for Reconstruction and Development (EBRD), according to guidelines set out on Saturday. The bank, set
      Reuter  -  529 words
    • SMALL CHANGE
      • 81 6 HONGKONG-BASED Italian banks are resuming export credit loans to China after receiving approval from Rome, bankers say. Credito Italiano, majority owned by the Italian government, plans to provide export credit lines to two Chinese state-owned banks, Giorgio Martini, chief manager of the bank's
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      • 66 6 THE Japanese Finance Ministry is set to issue guidelines to help local financial institutions stop attempts to launder illegal drug profits, ministry officials said yesterday. The guidelines, which would go into effect on October 1, would require banks and securities houses to be sure of the
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      • 97 6 BANQUE Indosuez, the banking arm of Cie Financiere de Suez, plans to expand significantly its UK corporate finance business but has ruled out major acquisitions, general manager Jean-Jacques Picard said. "We are going to build it piece by piece instead of at one stroke," he
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      • 66 6 THE average yield for this week's auction of Ssl2o million of 91-day Treasury bills was 2.59 per cent and the cut-off was 2.64 per cent, said the Monetary Authority of Singapore (MAS). Bids totalled $267.76 million. This compared with an average yield of 2.58 per cent
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      • 70 6 A TOP South Korean synthetic fibre manufacturer is taking its first convertible bond issue on the road at terms unusually low for Seoul. Lead managers for Sunkyong Industries Ltd, Ssangyong Investment and Securities Co, said US$5O million worth of bonds convertible into Sunkyong common stock will
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  • Page 6 Miscellaneous

  • THE REGION
    • 505 7 BUSINESSMEN and investors are questioning the direction of Thai politics and are assessing the impact on their businesses, according to The Nation. -•"A win in the non-confi-dence vote in Parliament with a less-than-expected majority could well make investors think twice about making new
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    • 491 7 A VERY LARGE amount of ne* office space is due to come on stream in Hongkong by the end of 1992. This will ghe tenants a higher bargaining power during lease renewals, according to The South China Morning Post. However, equally important to
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    • 220 7 Bernama DATUK SERI Dr Mahathir Mohamad says Malaysia, which is on the road to industrialisation, requires more skilled and efficient workers. The country needs skilled workers to produce exportoriented manufactured goods and help enhance national income, he adds. Dr Mahathir was speaking at
      Bernama  -  220 words
    • 315 7 Reuter PHILIPPINE President Corazon Aquino faced a damaging split in her ruling coalition yesterday after an outspoken and angry attack by the Speaker of Congress on her new grassroots political movement. Speaker Ramon Mitra blasted the "shadowy and unelected" advisers behind the
      Reuter  -  315 words
    • NOTE BOOK
      • 84 7 AFP INDONESIAN President Suharto will start a two-day working visit to Thailand on July 6, State Secretary Murdiono said in Jakarta yesterday. The visit, Mr Murdiono told journalists at the presidential palace, would be made in the framework of periodical consultations between heads
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      • 95 7 AFP A SENIOR Thai journalist has called on the country's leadership to end political tensions prompted by Chaovalit Yongchaiyuth's resignation earlier this month from his post as defence minister. "The political and military leaders have got themselves so involved in the tug-of-war that they cannot distinguish between
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      • 64 7 AFP A GOVERNMENT aircraft has bombed a strategic central Cambodian town captured earlier this month by resistance guerillas, Prince Norodom Sihanouk's office said in a statement in Bangkok yesterday. The release was apparently the first report of an air strike by Phnom Penh government forces, locked
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      • 96 7 AFP AN INDONESIAN provincial regent who opposed the expansion of logging in his area has won praise from Home Minister Rudini, press reports said yesterday. The pro-govern-ment Suara Karya daily quoted Mr Rudini as saying the act of Sayed Modhahar Ahmad of South Aceh province, who has
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      • 70 7 AFP NEW ZEALAND was stalling yesterday on whether it would require tourists from Thailand, Indonesia, Malaysia and Singapore to obtain visas, with one senior official saying it was a "clumsy" way of keeping out criminals. Immigration Minister Annette King said two weeks ago she was preparing
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      • 59 7 AFP FIJI'S booming garment trade hit back yesterday at moves to curb exports to Australia, saying they did not pose a threat to the Australian clothing industry. Fiji Garment Manufacturers Association president Padam Lala said Fiji's share of Australian garment market was "so insignificantly small
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      • 64 7 Reuter PAKISTAN'S government, facing a strike threat from businesses, cut proposed new taxes on Sunday before the national assembly passed a budget for the new fiscal year beginning on July 1. Prime Minister Benazir Bhutto's proposal for US$59O million in new taxes, under attack from opposition
        Reuter  -  64 words
  • Page 7 Advertisements
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  • THE WORLD 1
    • 420 8 Reuter SOVIET President Mikhail Gorbachev's mounting problems are casting dark shadows as far as Dublin, where European Community (EC) leaders were to debate whether to back up verbal support for him with the hard cash he needs. The 12 government heads,
      Reuter  -  420 words
    • 135 8 AFP SOUTH KOREA'S trade deficit reached US$3 billion in the five months to May, 50 per cent higher than the government's target for the whole year, government statistics showed yesterday. The government had previously estimated the deficit for 1990 at around US$2 billion. In
      AFP  -  135 words
    • 483 8 AFP WEST GERMAN real estate agents and lawyers involved in regaining abandoned property in East Germany are doing a thriving business. The Federation of West German Proprietors, which has its headquarters in the north-western city of Dusseldorf, receives hundreds of calls every day
      AFP  -  483 words
    • 249 8 AFP THE SOUTH AFRICAN economy is cooling faster than expected and some sectors are experiencing full-scale recessionary conditions, says the chief economist of the giant Sanlam finance group. In the company's latest economic review, released in Johannesburg last Sunday, Mr Johan Louw said
      AFP  -  249 words
    • 364 8 Reuter AFRICA must curb its soaring birth-rate, the world's highest, if it is to have any chance of real development, according to experts from 16 African nations and various multilateral agencies. The experts, gathered at a three-day Africa Leadership Forum, also called for
      Reuter  -  364 words
    • 575 9 NYT WHATEVER the outcome of Canada's crisis over Quebec, the French-speaking province has slowly developed an economy strong enough to allow it to separate and become a nation three times the area of France, taking with it nearly a quarter of Canada's wealth. Few economists
      NYT  -  575 words
    • 353 9 Reuter SOUTH KOREA and the US signed a pact yesterday for Seoul to pay the cost of moving US Army headquarters out of the capital's centre by the end of 1996. The head of the US Eighth Army,
      Reuter  -  353 words
    • 251 9 AFP THE CEMETERIES of Tokyo, having fallen victim to sky-rocketing real estate prices, are posting novsfbancy signs and forcing the ashes of loved ones to be placed in multi-storey mausoleums or in distant suburbs. The problem is so serious that the
      AFP  -  251 words
    • 490 9 NYT NEW SCIENTIFIC evidence that the earth's ozone layer is being destroyed more quickly than previously reported is being presented in London to negotiators working on a treaty to speed the elimination of chemicals that cause the problem. A report by Ivar Isaksen of
      NYT  -  490 words
    • 505 9 Reuter US AND JAPANESE officials kicked off a round of talks yesterday, with the two sides still at odds over ways to reform economic practices perceived as barriers to trade. Officials on both sides have said they hope a final report on
      Reuter  -  505 words
    • WORLD WATCH
      • 92 9 BRITISH industrial companies currently have fewer orders on their books than at any time in the past eight years, with activity depressed by the country's continuing high interest rates, the Confederation of British Industry (CBI) said yesterday. David Wigglesworth, a CBI official, said the
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      • 72 9 AN AGRICULTURAL commodity group says failure to continue China's most favoured nation trade status would hurt American farmers. The National Association of Wheat Growers urged renewal of China's trade position last week at a House Ways and Means Committee trade subcommittee hearing Ron Rivinius, president of
        72 words
      • 58 9 POPULAR SUPPORT for the cabinet of Japanese Prime Minister Toshiki Kaifu rose to 51.7 per cent in June, the daily Nihon Keizai Shimbun said yesterday. The support rate, found in a nationwide opinion poll in mid-June, represented an increase of more than six percentage points from the
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      • 58 9 SIXTY-THREE longtime allies of Lech Walesa broke ranks with the Solidarity union leader in Warsaw on Sunday, suggesting that he dissolve a political organisation that had helped end communist rule. The suggestion appeared to mark the end of the opposition unity that had helped end four
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      • 65 9 A POLL conducted a week before a crucial Soviet Communist Party congress shows that its authority is continuing to slide, the party daily Pravda said yesterday. Just 18 per cent of those polled were firmly convinced the party was the leading force in Soviet society, the
        65 words
      • 111 9 A NEW LAW to be promulgated in Qatar next month will allow foreign investment in the small Gulf emirate for the first time, the official Qatari news agency reported yesterday. It quoted a senior official at the Ministry of Economy and Commerce as saying the
        111 words
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  • Page 9 Advertisements
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  • 464 10 EDITORIAL THE uncertainty that ruled international financial markets during the past three months is now beginning to clear. The Japanese stock market has stabilised, as has the yen, reducing the danger of a global shake-out, while the threat of higher interest rates affecting the eight-year-long economic
    464 words
  • WHAT THE OTHERS SAY
    • 215 10 THE issue of the individual versus society is probably as old as the terms themselves. As Singapore prepares to make the transition from not only one political, but also one social, age to another, some thoughts on individualism might be timely. In Singapore, the emphasis clearly has
      215 words
    • 127 10 LIKE the Germans, the Koreans may ask themselves: When will we be one people? Today is the 40th anniversary of the Korean War. The memories of the bitter 37-month struggle are still fresh in the minds of the older generations. Especially poignant is the fact that the
      127 words
    • 125 10 JOHOR Mentri Besar Tan Sri Muhyiddin Yassin has said that Johor intends to move towards intermediate and high-technology industrial development, and will not be content with just being a supplier of labour and other resources to Singapore. To play such a role in the "growth triangle" the third
      125 words
  • REGIONAL VIEWPOINTS
    • 139 10 LIKE IT or not, the Securities Exchange of Thailand has become widely recognised as the barometer of Thai politics, in addition to being the gauge of public confidence in the Thai economy. What can we deduce from the sharp movements of the SET index during the past two
      139 words
    • 150 10 IN VIEW of the ever-growing domestic demand and the largely untapped potential in the vast global market for exotic and delicious Malaysian fruit, the Malaysian Agricultural Research and Development Institute (Mardi) is now giving priority to local fruit R&D. As they say, fruit research is now on the
      150 words
    • 145 10 TELECOMMUNICATIONS has been playing an increasingly important role in the Indonesian economy in view of the government's export-led development strategy. In fact, most of the new domestic and foreign investment projects approved over the past four years have been oriented to the international market a trend which
      145 words
  • 749 10  -  With re-unification imminent, William Safire draws attention to growing signs of a two-faced Germany William Safire NYT Facing the prospect of the end of the division of Germany within six months, Westerners with historical recall face this dilemma: Whom should we distrust more the Russians
    NYT  -  749 words
  • Page 10 Advertisements
    • 226 10 AT SHERATON lITUE THINGS MEAN A IOT AT SHERATON lITTIE THINGS MEAN A LOT AT SHERATON LITTLE 5 I o m < > z z < > UJ »/> ■■Jkl.m ifS i|al BkT^wfll sH r^^XJj z When you visit a country as guest is greeted with a warm smile >
      226 words
  • Page 10 Miscellaneous

  • ANALYSIS
    • 859 11 Since the end of World War 11, Japan has been seeking the return of four islands occupied by the Soviet Union after the war. The Soviets have been holding out. But now, there is hope that the new leadership will return
      Asahi  -  859 words
    • 1029 11  -  Forty years after Kim 11-sung's attempt to unite the Korean peninsula under the red banner, the capitalist South has outstripped the communist North in almost all aspects of growth. Roger Crabb reports Roger Crabb Reuter THE "Great Leader" Kim 11-sung, object of the
      Reuter  -  1,029 words
    • 616 11  -  Chinese 'slave traders' are exploiting the misery ot thousands of people eager to escape poverty in China. Janet Snyder reports Janet Snyder Reuter Modern-day "slave traders" are making millions out of the misery of Chinese nationals by smuggling them out of China to
      Reuter  -  616 words
  • Page 11 Advertisements
    • 113 11 With aerodynamic lines and a low drag coefficient, little wonder it's way ahead of its time. One may liken the new Samsonite Focus many high-tech innovations Attache to a sports car Proving once again, that the Focus Attache Its streamlined grip, smooth curves and is ahead of the competition sturdy
      113 words

  • FOCUS 1
    • 565 12  -  Kenneth James, writing from Palo Alto, California, takes a look at the battle between Sun Microsystems and Hewlett-Packard for the top spot in the workstation market INNOVATION TECHNOLOGY EDITED BY IOH MUI YIN Kenneth James THE BATTLE for the computer workstation market heated up last
      565 words
    • 611 12 NYT IBM this week introduces a new home computer line, trying again in an area where it suffered its most embarrassing defeat. In 1983 the computer giant made its first foray into the home market with the PCjr, an illstarred effort that ended
      NYT  -  611 words
    • 662 12 AFP JAPAN'S electronics firms, accustomed to launching new products with a blaze of publicity, are adopting an unusually low profile in promoting the latest digital tape decks now hitting the market. The new digital audio tape (DAT) equipment allows music lovers
      AFP  -  662 words
    • 656 16  -  US airline industry faces a major shakeout, reports Dan Reed Dan Reed NYT IN 30 YEARS of watching airlines battle through one cycle after another, Robert Joedicke has seen everything. But now Mr Joedicke, a senior director at New York's Lehman Brothers investment banking firm and dean
      NYT  -  656 words
    • 604 16 NYT CONGLOMERATES may be out of vogue in much of corporate America, but not at Westinghouse Electric Corp the company remains committed to its diversity. But with growth in a number of its lines languishing, the company is forcing itself to look at
      NYT  -  604 words
    • 762 16 FT THE PURCHASE of a stake in UK contractors Tilbury by West German construction company Phillipp Holzmann a couple of weeks ago is the latest in a rash of cross-border acquisitions and joint ventures involving European construction companies. French and
      FT  -  762 words
  • Page 12 Advertisements
    • 243 12 Don't Miss the Major EDI Conference and Exhibition in the Asia Pacific Region Singapore 18 19 July EDI The New Way of Business Communications Over the next decade the Asia Pacific Rim countries will take over as the world's industrial powerhouse. EDI will be the vital link between producers and
      243 words
    • 130 12 (SEASONAL LOWS PREDICTED) LLuWt has decided to help motorists weather the storm of high costs of driving a car, with a special low-rate season. Starting now you can rent a well-maintained car, any make, economy to luxury, self-drive or chauffeured, at a lower rate than usual. You'll find that our
      130 words

  • Page 13 Advertisements
    • 193 13 OUR PRODUCTION MANAGERS ALWAYS RECEIVE THEIR JIT. STOCK SCHEDULING FOR COST EFFICIENCIES. v&*ft 3? A m A f ■t'-* m H >»' ME w -v I M 3A. BUT ONLY BECAUSE I GAVE THEM AT&T's EFFICIENT TELECOMMUNICATIONS SYSTEM. Just-In-Time Manufacturing can cut production costs dramatically. But it leaves no room
      193 words

  • Page 14 Advertisements
    • 1117 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot The Szechuan Court is proud u> present the return of The Xi'an Master Chefs from The Golden Flower Hotel of Xi'an. With skills as legendarv as the great historical city
      1,117 words
  • Page 14 Miscellaneous
    • 770 14 TELEVISION AND RADIO mt A j >-: go It's Year Mete (L). *.00 Regieaal News (M). ON RADIO Three s not company arr-,...-» ss- A AAA VV AIVI t.55 ""J*g** in.«.4Z«Timc 7JO CaUt Kawa NattMriL 7.10« a, ».2Sa* l.M*a, yangTechnolog.cllnsi.tuie 1030 N»N»«. 5.30p«,3Mmc Financial News ■KSuUuMSI N doMl Uni im
      770 words

  • LIFESTYLE
    • 890 15  -  American playwright Arthur Miller turns 75 this year. But while Britain showers him with tribute, in his homeland he is regarded as passe, reports Matt Wolf Matt Wolf AP Arthur Miner's 75th birthday is being observed with a tribute the British normally reserve for
      AP  -  890 words
    • 582 15 Reuter Barbara Taylor Bradford faccs a blank wall in her Manhattan apartment for 12 hours a day, seven days a week. It may take years but at the end of long, hard work she emerges with another blockbuster saga to maintain her position as one
      Reuter  -  582 words
    • 473 15 CHATTERBOX NELSON MANDELA'S oldest daughter says that she wasn't invited to share her father's triumphant weekend visit to Boston, and she doesn't understand why. Makaziwe MandelaAmuah said on Sunday that her husband, Isaac, received a call only two days earlier saying only that
      473 words
  • Page 15 Advertisements
    • 209 15 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? MONDAY TO FRIDAY, flfiKjP l 12 NOON TO 2JOPM.J3I.OO++ PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an la carte main course in the relaxing ambience
      209 words
    • 78 15 "Sizzling, Mouth' Watering Steak Awaits You At Jack's Miramar" K* I n Succumb to it! Amidst cozy atmosphere, savour tender juicy steak, prepared the way only Jack's Place knows best. And at prices that are value for your money. Located conveniently just outside CBD with sheltered multi-storey car park. ]VBi[
      78 words
    • 173 15 Tn A Restaurant and 1 KUIIV/% Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE IHIBiV US Shaslik a la Troika US Striploin Desserts "Troika" Special Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily1130am to 230pm j 7.000pm to 2.00 am Dinner: j Mondays to Sundays Tel: *****22 6.00pm to 10.00pm
      173 words

  • Page 16 Advertisements
    • 450 16 jj fe. r sity MB A 2nd Intake By Distance Learning Commencing in July 1990 AHmiaainn rritoria Innovations and Strengths Founded in 1927, The University of Hull is one of the most Porttoll prestigious British universities. It is a centre of excellence in as a core cps management systems and
      450 words

  • SPORTS 1
    • 479 17 Reuter JOHN McENROE has one great ambition left in tennis to pit his skills against Boris Becker at Wimbledon. The 31-year-old former champion is realistic enough to admit, privately at least, that his chances of landing once more one of the major titles have
      Reuter  -  479 words
    • 413 17 AFP HALE IRWIN shot a finalround 66 in Harrison last Sunday and held off a hardcharging Paul Azinger to win the Westchester Classic, his second victory in as many weeks. Irwin, who last Monday became the oldest player at the age of 45 to
      AFP  -  413 words
    • SIDE LINES
      • 93 17 WORLD CHAMPION Alain Prost of France ran a brilliant race in his Ferrafi to score his 41st career victory in a thrilling Mexican Grand Prix race last Sunday. Prost, who started back on the seventh row of the grid after a disastrous qualifying trial, charged through
        93 words
      • 65 17 PATTY SHEEHAN fired a five-under-par 67 last Sunday to finish with a tournament record total of 17 under par, winning the Rochester International title by four strokes. It was the third victory of the year for Sheehan, who used only 271 strokes in 72 holes.
        65 words
      • 65 17 ENGLAND CAPTAIN Bryan Robson is out of the World Cup and is expected to be flying home for treatment to the Achilles tendon injury which kept him out of England's last group match against Egypt. The injury-plagued Robson had flown in faith healer Olga Stringfellow
        65 words
    • 801 18 AFP iWEST GERMANY marched Relentlessly towards the World Cup final on July 8 Iwith a display of sheer power ,'that engulfed Holland in MiMan last Sunday. It won 2-1 but the scoreIline did not reflect the staggering German superiority. J It was a 10-a-side
      AFP; AFP picture  -  801 words
    • 436 18 AP AS THE QUALITY difference between World Cup teams levels off, outstanding individuals increasingly make a difference. Diego Maradona showed how last Sunday and Marco van Basten didn't. Maradona produced his first brilliant moment in the 1990 World Cup to set
      AP  -  436 words
    • 794 18 AP DIEGO MARA DONA rekindled a spark of his genius when Argentina needed it most. The Argentines defied the odds last Sunday, beating arch-rival Brazil to stay on target to become the first team in 28 years to repeat as World Cup champion. Maradona,
      AP; AFP picture  -  794 words
  • Page 17 Advertisements
    • 2307 17 I SING INVESTMENTS FINANCE LIMITED I >SIF\ and its subsidiary company (Incorporated in the Republic of Singapore) H BALANCE SHEETS AS AT 31 ST DECEMBER 1989 FIXED ASSETS THattoup SHARE capital T*. Group an* TH. compon, I rr «M ims I DtfrMMdi The Qm* TlwCchio.', Accumulated Mm Boot chergedtor Ho
      2,307 words

  • Page 18 Advertisements
    • 287 18 ASIA PACIFIC INTERNATIONAL UNIVERSITY (MASTER OF BUSINESS ADMINISTRATION) gffs IVIRA (DIPLOMA IN MANAGEMENT) Commencing 21 July, 1990 Asia Pacific International University (APIU) is an institution registered in asm paofic institutes New Zealand which is a member of Asia Pacific Institutes, a consortium the pacific rim consortium ¥ANCOuvER with members in
      287 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4373 19  -  By William Chia SHARE PRICES on the Singapore stock market closed weaker in dull trade yesterday as sharp falls on Wall Street and the Tokyo market depressed sentiments. The Straits Times Industrials Index of 30 Singapore blue chips fell 9.76 points to close
      4,373 words

  • 4005 20 Main Board OCBC Foreign 1100 30 2.8% UOB Foreign 790 20 2.6% DBS 1380 +10 +0.7% OUB 585 +10 +1.7% SPP 25* 62 +6 +10.7% Keppd Corpn 790 5 +0.6% Prima 620 5 0.8% UOB 560 +5 +0.9% Coid Storage H 480 +4 0.8% UE
    4,005 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3709 21 Bernama MBT SHARE PRICES moved to a higher close on the Kuala Lumpur Stock Exchange yesterday following improved buying support in the afternoon session. The KLSE Composite Index gained 0.97 of a point to 580.61 while the Industrial Index was 1.24 points higher at
      Bernama; MBT  -  3,709 words
  • Page 21 Advertisements
    • 247 21 HOTFL MERIDIEN Pull a few strings. Take a business break in Phuket. Have your next meeting on a tropical island. Le Meridien Phuket has a special meetings package that cost-effectively combines efficient business facilities and the pleasures of life on a tropical island. The full 'Meeting Package' includes: three nights'
      247 words

  • BT SHARE INFORMATION SERVICE
    • 232 22 tmir-r Date Ymt 6r~p Mt Nat aaratag* Inu mm te pra«t/1aM (L) p*r slur* dhrtdaad (caate) lacks M iun 22 Jan 90 8228U833) -(0.3) UMCorpo inn IS Dec 89 MSUU483,148) 9.3(4 9») 7(4.3a) Kan loo Jim 15 Ooc 89 1186,850(87.556) 13.3(14.7) 10(10) Me**,. Corp km 15 Dec 89
      232 words
    • 172 22 ftmatrrr Oat* Yur Craap pretax Mat wnitap Gmi in to (L) P* afcara dhfWa«d COM) (carta) MC HUcs Inn 22 Mar 90 HU376.566(8228,198) 113.0(106 0) 40(40) B Semtaw«n» ton 15 Mar 90 820.808(810.229) S6.1(28.3a) 35n(15a) Badtord ton 15 Dec 89 «5,9391(89.9091) M Crrtt Jun 15 Iter 90 88.908(86.3901)
      172 words
    • 940 22 Carrot Ex Mn Itat* Trial far Trial tar Wi»t fete daaa >iy>li tea par last par MVP Jun 20 Jd 5 Aug IS 129san Jbncd lot Jan 18 Jun 28 Jul 16 10% 10% Ada hdfc 10t(l) M 4 Jul 16 Jd 20 10% 35 8% Mm Oct
      940 words
    • 179 22 Ti HJ--J Data Half-yw Crw» pre-tax -r M« to (L) rfhrWaarf ('•••> jba Paahc ton 22 Mar 90 $4«.10«(S51.412) 15.4(12.3) (U* hw 22 Mar 90 $75,871(175,627) 9.2(9.2) ton 8 Mar 90 f 1.571 ($6,126) 7.5TE(10TE) 4U Kepora Jun 1 Mar 90 M$54.868($102.481) WA(5) maraes May 23 Mar 90
      179 words
    • 427 22 "i£i Cap's joint venture with China Steel Corp of Taiwan to set up the largest integrated steel mill in South-east Asia wil cost up to Msl4b. The company is also UPtstmg Ms2om to manufacture a new range of office and industrial chairs with technical assistance from Pledge Office
      427 words
    • 525 22 Stofwm Stacks Last F* Yaar Zm*m FaM Mi Yaa M BFS Graas M Wp (SIN) Mai Fn» Feb 28 No* 89 39.1 10.0 11.721 Mwca Nl Fnd Mw 27 Ok 89 3.471L Lm| Mat Mann Mw 30 Ok 89 5351(b) OB Warm Apr 26 M 90 9.3(a) 2.3TEU)
      525 words
    • 258 22 Company to— a Cm One-tor three MSI 60 per Ave S30 131m 1% Convert** Unsecured Low Stock ol MSI 00 nonnil ratoe to be sued on the bass of 1 CULS tor every «(M starts heto Li-date km 6 Books dost ton 20 Acceptance I Payment NYA Ifcda
      258 words
    • 500 22 Company Rights Issue Ct toe CaprtJ reducton scheme to reduce par value ot shares trow $100 to 1060; R*<s issue of 12 10 60 per share CM Onrtor-one fe M$4 00 per share. Every four njhts shares would be ssued with one TSU FACft CaprtJ feducton Scheme to
      500 words
    • 619 22 BONDS, LOANS WARRANTS Caapaajr CwmhipaW CwwraiM ImhrmirMMn An CtC m Baton 26/4/93 1 warrant ptos 83.09 cart. Cuil Laaa Caaaaway W 2/10/89 to 20/10/94 1 warrant ptos SI cafe or 1 warrant ptos U nomad amount ot loan stod OHMIIMI Claltv Hi town 87 to 31/12/91 1.55 gwhptos 81.55 ca*
      619 words
    • 221 22 Mouit Pleasure Hoklngs Bhd: EGM at Miami M Had. Fernnghi Beach Hotel, 12.5 km Batu Fernnghi Road, ***** Batu Fernnghi, Penang on Tuesday, iune 26, at 3pm. Lm Kim Tah Ltd: Bth AGM at the Board Room. 20 Jaian Afrfi, #07-01 CISCO Centre, Singapore 1440 on Tuesday, June
      221 words
  • Page 22 Advertisements
    • 247 22 I?====^— -======a^== STOCK EXCHANGE J j OF SINGAPORE SUPPLEMENT 1990 The global equity market Is losing much of its shine. Volatility rules the day, and the technology that brings markets closer to each other also exposes one market to another's weaknesses. But with the increased risk or volatility also comes
      247 words

  • TOKYO STOCK EXCHANGE
    • 2284 23 TOKYO STOCKS closed lower in thin activity yesterday after heavy losses on Friday both in Tokyo and on Wall Street. Brokers said a weaker yen and continued high interest rates were behind the biggest single day drop in the key Nikkei
      2,284 words
  • STOCK EXCHANGE OF HONGKONG
    • 2664 23 HONGKONG STOCKS surged steadily ahead in active afternoon trade yesterday and received a late fillip when news of the departure from China of leading dissident Fang Lizhi spread through the market. "Obviously it (the Fang report) provided a boost but the advance
      2,664 words

  • REGIONAL STOCK MARKETS
    • Aussie shares shake off Wall Street slide
      • 1020 24 THE AUSTRALIAN share market finished marginally firmer yesterday despite a large fall in Wall Street stock prices on Friday. Elders IXL closed steady at A 51.74 after announcing a ASSOO million book loss on the sale of its 52.7 per cent stake in Elders Re-sources-NZFP. Elders Resources lost njne
        1,020 words
      • 666 24 THAI STOCKS surged in bullish trade dominated yesterday by banking, finance and insurance issues. The official SET Index gained 23.83 points to close at 1,032.54 in heavy turnover. Gains outnumbered losses 98 to 37. Most ac- tive were Star Block, Nava Finance and Asia Finance. "The market opened higher
        666 words
      • 550 24 PHILIPPINE SHARES slipped on a wave of profit-taking yesterday, which brokers last week forecast would hit the market this week. The Manila Stock Exchange composite index closed at 918.93 points, down 26.65, or 2.8 per cent from Friday's 945.8. "We had expected this," said trader Jose Salak of Pierce
        550 words
      • 337 24 LAST-MINUTE BUYING of financial and cement issues pushed Taiwan share prices higher, reversing early losses yesterday. The weighted index gained 115.81 points, or 2 per cent, to end at 5,568.55, compared with Friday's 5,452.74 close. Turnover was NTS42.I billion against NT546.2 billion. The market was closed on Saturday due
        337 words
      • 881 24 SEOUL STOCKS dropped below 740 points in very sluggish trade yesterday as individuals stopped selling and retreated to the sidelines ahead of hopedfor economic boosting measures at the end of the week. The composite index shed 7.32 points to 739.80, with volume at 77 billion won against 63.9 billion
        881 words
      • 353 24 THE NEW ZEALAND share market 1 gave a mixed reaction yesterday to the planned Carter Holt Harvey-Elders Re- sources NZFP merger to end lower. The Barclays index fell 7.58 points to close at 1,785.04 but brokers said the mood J was surprisingly positive following Wall Street's decline on
        353 words
      • 533 24 PRICES ON THE Jakarta stock exchange were mixed yesterday with the composite index closing 2.18 points up to 626.14. The Jardine Fleming index was 0.45 points up at 143.45. Nickel producer Inco was the heaviest traded, with 559,300 shares changing hands. The share rose 100 rupiah to 8,600, but
        533 words
      • 401 24 CVjm PKIIM Jmt 25 SYDNEY All Ordinaries Index 1511.9 1313.0 -I.I All Industrials Index 2377.7 2377.4 +0.3 All Resources Index 853.9 855.8 -1.9 Turnover (million) 139.51 79.63 +59.88 BANGKOK SET Index 1032.54 1008.71 +23.83 Turnover (nearest *000) 29,892 35,272 -5,380 JAKARTA Composite Index 626.14 623.96 +2.18 Turnover (nearest *000) NA
        401 words

  • CURRENCY, MONEY & FUTURES MARKETS
    • 308 25 AP FOREIGN EXCHANGE dealers agree that the first trading day after the powerful West German mark becomes East Germany's currency should be calm, but what happens next is a matter of argument. July 1, when the merger takes place, is "a special
      AP  -  308 words
    • 720 25 FOREX MARKET REPORTS THE US DOLLAR yesterday held early gains against the weaker yen during a quiet morning trading in London yesterday, after its break above technical resistance at 155 yen triggered an active round of stop-loss buying in Tokyo earlier.
      720 words
    • 389 25 Cross rates June 25 USS SS MS Dm Yen SFr A$ NZS USS 1.8435 2.7110 1.6775 155.60 0.5804 1.4130 1.2715 1.7065 SS 0.5424 1.4706 0.9100 0 8440 0.3148 0.7665 0.6897 0.9257 MS 0.3689 68.00 0.6188 0.5740 0.2141 0.5212 0.4690 0.6295 Dm 0.5961 1.0990 1.6161 92.76 0.3460 0.8423
      389 words
    • 568 25 Interbank rates S$ Bid Offer Overnight 6 1/2 6 3/4 1-month 7 1/8 7 1/4 2-month 7 3/16 7 5/16 3-month 7 3/16 7 5/16 Overnight mode: 6 5/8 USS Bid Offer 7 days 8 1/4 8 3/8 1 month 8 1/4 8 3/8 2 months 8 1/4
      568 words
    • 383 25 Reuter WEST GERMAN interest rates have reached their highest level for eight years and appear high enough to absorb risks and unpredictable factors emerging from German unity, the Bundesbank said in its June monthly report. "Interest rates have reached a point where they largely
      Reuter  -  383 words
    • 1479 25 awitA ElMOOOUJUt Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.76 91.76 91.74 91.74 3743 IS670 6076 Dec 90 91.68 91.69 91.67 91.67 1383 6298 1427 Mar 91 91.64 91.64 91.62 91.62 439 1908 262 Jun 91 91.43 91.45 91.43 91.63 68 663 80 Sep 91
      1,479 words

  • COMMODITIES
    • 390 26 AP CHINA will open a wheat wholesale market in September as a first step toward setting up an agricultural futures market, Commerce Minister Hu Ping said yesterday. Mr Hu said in a news conference that the wholesale market will be established in Zhengzhou, the
      AP  -  390 words
    • 290 26 Reuter IRAQ is raising pressure 6n the United Arab Emirates (UAE) to cut oil output, bringing to the boil the long-standing problem of having two big oil producers Abu Dhabi and Dubai represented as only one Opec member. Iraq attacked the UAE last
      Reuter  -  290 words
    • 135 26 Bernama INDONESIA yesterday hinted at its intention to join the London-based International Cocoa Council (ICCO) to help strengthen the marketing of its cocoa beans abroad. Members of the council have been wooing Indonesia to join it in a global effort to defend cocoa prices
      Bernama  -  135 words
    • 825 26 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market (KLTM) remained unchanged at M 516.45 on better buying demand. Traders said the undertone of the market was steady despite large offerings by miners due to weekend accumulation. Turnover amounted to
      825 words
  • 1397 26 Rubber June 25 ■OS (fcfcln fcrtw) S cents/kg Noon Close Inl I RSS Prompt I560VI57.00N I55.7VI56.75N Int I RSS July 90 I57 50/I58 00N 157.25/157.75N Int 1 RSS August 159.50/160.00 159 25/159 75N Int 2 RSS OP 154.50/156.SON 154.50/156 50N Int 3 RSS OP I50 0V152.00N 150.00/152.00N Int 4
    1,397 words
  • Page 26 Advertisements
    • 795 26 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 ANO IN THE MATTER OF ASHTON MINING (SINGAPORE) PTE. LTD. (In Members' Voluntary Liquidation) MEMBERS' VOLUNTARY WMDING-UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 16 Raffles Quay #23-01 Hong Leong
      795 words
    • 727 26 THE COMPANIES ACT, CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION EPCO P.S. (S.E.A.) PTE LTD (In Members Voluntary Liquidation) At an Extraordinary General Meeting of EPCO PS (SEA) PTE LTD held at 10, Collyer Quay. #18-01 Ocean Building. 0104 on the 19th day of June 1990. the following special resolutions
      727 words
    • 15 26 Read Cliartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 1016 27 City FHM ETA night no AftaMaM GA893 1045 GA892 0110 GA974 2359 jy*M» sq226 2035 UF82 2200 kmntTdam KL837 1430 GA892 0110 SQ23 1810 SQ24 2200 GA974 2359 fltlnni QF16 1820 SQ24 2200 OA471 2205 flwrfclinrt TE25 1800 TE28 1920 SQ388 2200 Bakraia QF5 2230 Baadar
      1,016 words
    • 794 27  -  LETTER FROM BERMUDA By Alan Ponsford THE first time I saw Bermuda I was enchanted. That is no longer a word that leaps eagerly to mind. Every agreeable spot now has to be measured against a hundred others. Yet, returning recently after a long
      794 words
    • 153 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4380 I.4S80 Canadian dollar 1.5500 1.5700 NZ dollar ***** ***** Sterling pound 3.1600 3.1900 US dollar 1.8390 I 8490 Local dollars to 100 units of foreign currency Austrian schilling IS.30
      153 words
    • 89 27 Duration Title Venue Organiser Tel Jun 15-27 Trieste Italy Ente Autonomo (39)*****961 Internationa] Fieri Di Fair Trieste Jun 25-29 3rd Asia-Pacific Hongkong Asia-Pacific *****77 World Publishing Convention World (Singapore Direct Exhibition Publishing Secretariat Marketing Congress Centre Congress 65-*****77 A Exhibition 65-*****09 "Pubprint '90" Duration Title Venue Organiser
      89 words
  • Page 27 Advertisements
    • 43 27 Ihi ptr>i>n\ choice eu-r\ lucmljv. L> g I m I hjnp 9 II Ml \irport .ii 12'. S hour* and arriving .11 I -JL -JL. International \irport the following Jav. A I'. i; I \I li <11 i; i; sll An: Air Canada
      43 words
    • 243 27 STOCK EXCHANGE OF SINGAPORE SUPPLEMENT 1990 The global equity market is losing much of Its shine. Volatility rules the day, and the technology that brings markets closer to each other also exposes one market to another's weaknesses. But with the increased risk or volatility also comes greater opportunity for profit.
      243 words
  • Page 27 Miscellaneous
    • 255 27 8 Area in Vietnam recalling a heaven-sent food ■B Mm LbJ 10 Unresponsive to another loss of mine (8) 11 Unwilling to contend HF IH with the Home Counties must be may be coveting (4-4) Lr——LJhLJ Sport for Oxford oarsmen (7) 17 From the sap, good man heart, it's enough
      255 words
    • 211 27 Singapore Outlook: Showers over a few areas in the morning. Report; Max temp. 29.9* C Assoc humidity 81% Min temp. 22.2* C Assoc humidity 98% Hrs of sunshine 0.75 Rainfall in mm 5.9 Rainfall this mth 116.3 Rainy days this mth 7 World forecast Asia-Pacific Hi/Lo* Cood. Auckland 15/09 Fair
      211 words
    • 35 27 •> |Tcj_L VO\J UHPIT—"YOU ffceTeND (vn BOReP- wmp,t cam uc Don Noo'(?e. a noisv druMK in ft night AND ru. e>e THE. booncej? x X 1 r C 6VEWHQ STAWOAWO CO. LTD.. ItC-Utt W-T T I
      35 words

  • 428 28 AP JAPAN will take an active role in the new world order emerging after the collapse of communism and the unification of Europe, Prime Minister Toshiki Kaifu said yesterday. "From now on, Japan will go into the world, and if
    AP  -  428 words
  • 151 28 Bernama FEDERAL POLICE are investigating cheating cases involving bank loans totalling almost Mslo million in Kuala Lumpur and Kota Baharu. CID director Datuk Mohamed Zaman Khan said yesterday preliminary investigations had revealed 20 cases involving Mss million in a bank in the Malaysian capital.
    Bernama  -  151 words
  • 46 28 A pilot flying his ultra-light motorised plane resembling a French car during the Paris Air Show just outside Paris last Saturday. Profits from the air show are to go to the humanitarian organisation 'Pilots without Borders 4 who offers rescue aid worldwide.
    46 words
  • 302 28 Bernama BANK NEGARA obtained a profit of M 516.7 million from depositing its gold reserve with Drexel Burnham Lambert Trading Co, which is allegedly facing bankruptcy, Deputy Finance Minister Datuk Loke Yuen Yow said in Kuala Lumpur yesterday. He told Parliament that the
    Bernama  -  302 words
  • 326 28 AP CHINA has allowed Fang Lizhi, its best-known dissident, to end his year-long refuge in the US Embassy and go to a foreign country. Mr Fang, an astrophysicist, and his physicist wife, Li Shuxian, left Beijing yesterday for Britain, the British
    AP  -  326 words
  • 675 28  -  The Bottom Line ALVIN TAY ALVIN TAY The writer is BT's Financial Editor WHEN Dr Goh Keng Swee, then First Deputy Prime Minister and also chairman of the Monetary Authority of Singapore (MAS), presented the Finance Companies (Amendment) Bill in Parliament in October 1984, he
    675 words
  • 357 28 Bernama THE SUPREME COURT in Kuala Lumpur yesterday rejected an appeal by the Star and its group chief editor V K Chin against a High Court decision striking out their defence of justification and fair comment in publishing two articles which Singapore Prime Minister Lee
    Bernama  -  357 words
  • 152 28 Bernama MALAYSIAN Chinese ciation president Datuk Sefi Dr Ling Liong Sik is not empowered to sell Multi-Pui* pose Holdings Berhag (MPHB) shares to Kamunl* ing, the Malaysian Parli& ment was told yesterday. Deputy Finance Minister Datuk Loke Yuen Yow said MPHB share transactions
    Bernama  -  152 words
  • Page 28 Advertisements
    • 339 28 —^l @Ljp— pqupHiM l For the life of your back Dauphin (SCA) Pie Lid L"-~ L I Tel: *****00 I I tASUmdmryathm+idhW Daupkm GmkH A C*J 20 acres of freehold commercial property strategically located 7 minutes from the centre of Auckland city 11 buildings completed to-date with another 8 buildings
      339 words
    • 51 28 DO YOU HAVE AN EYE 1 FOR A GOOD BUSINESS OPPORTUNITY? if so, and you are looking for office space (with business support facilities) we have various sizes for you to choose. Our prices for a week is equivalent to a night s stay in an Orchard Road Hotel Phone:
      51 words
    • 64 28 PQUPHIN gjjg For the life of your bock Dauphin (SEA) Fit Ud Tel: *****00 PRIME FREEHOLD CONDOMMUM SITE AT 32 ORANGE GROVE ROAD DgTRtCTIO Closing Date: 6 July 90, 3 pm This unique offer is an opportunity not to be missed by any discerning developer. For Sale Particulars and Tender
      64 words

  • Shipping Times
    • 410 29  -  By Dexter Lee A SINGAPORE-BASED German freight forwarder and a local transportation/warehousing company have signed a pact of cooperation to tap each other's strengths and enjoy economies of scale. The tie-up, involving Rohlig International and Fransmer Services, is expected to widen the scope of
      410 words
    • 456 29 Lloyd's List EVERGREEN Marine Corporation is reviving a US$l billion-plus containership newbuilding plan the biggest in shipping history which it set to one side in 1989 to invest in equipment to initiate its own international airline. The Taipei-based, round-the-world carrier
      Lloyd's List  -  456 words
    • 159 29 Reuter SEABOX, a subsidiary of Sea Containers Ltd, said it is making a llSp a share cash offer for the issued stock of Isle of Man Steam Packet Co pic (lOMSPC) which it does not already own. Seabox, which holds 41 per cent of
      Reuter  -  159 words
    • 483 29 AVIATION talks in Washington last week between the United States and Thailand ended a day ahead of schedule without reaching any agreement on some vital bilateral issues in the airline industry. The Thai delegation, according to the Americans, failed to
      483 words
    • 343 29  -  By Othman Abu Bakar SINGAPORE AIRLINES (SIA) emerged as the top cargo operator at the Penang International Airport last year, accounting for about 44 per cent or 6.8 million kg of the total cargo throughput. Malaysia Airlines, which carried 5.47 million
      343 words
    • 203 29 Cargonews Asia HONGKONG'S airfreight throughput for the first four months of this year grew by just 4.5 per cent to 219,877 tonnes, according to the latest statistics released by HACTL (Hongkong Air Cargo Terminals Ltd). Following a pattern that has now become familiar
      Cargonews Asia  -  203 words
    • NEWS SUMMARY
      • 30 29 THE PHENOMENON of the "through career", in which there is a logical progression into shore employment from a sea officer's job, comes under scrutiny Page 2
        30 words
      • 50 29 PANAMA must begin providing assurances that it will be able to operate the Panama Canal efficiently when it takes control in the year 2000 if it is to keep its customers and employees during the next decade and beyond, say canal officials Back Page
        50 words
      • 30 29 IRAQI AIRWAYS has signed a US$5OO million contract to buy five A3lO-300 passenger planes from the European aircraft consortium, Airbus Industrie Back Page
        30 words
      • 31 29 THE PORT of Calais remained paralysed by a French seamen's strike for the sixth straight day last Sunday, causing a diversion of passenger traffic Back Page
        31 words
      • 28 29 DONALD TRUMP has sold the Dutch shipyard which was building his luxury US$2lO million yacht, only two months after he bought it Back Pace
        28 words
    • LOG BOOK
      • 147 30 ARGENTINA IS SET TO sell off its ailing ENTeI telephone company this week, the first major privatisation undertaken by President Carlos Menem's Peronist administration since taking office almost a year ago. Local newspapers speculated over the weekend that three consortia headed by foreign telephone
        147 words
      • 110 30 ABOUT 50 CANOEISTS and swimmers in wetsuits braved the cold waters of Port Phillip Bay, Australia, to protest against the arrival of a ship carrying about 400,000 tonnes of timber from Malaysia. The latest shipment from Sarawak aboard the freighter Caribbean One was met by the
        110 words
      • 87 30 ABOUT 300 ANTI-APARTHEID protesters blocked an area in the port of Rotterdam for several hours on Saturday to prevent the entry of a boat carrying South African coal, but then lifted their blockade. Demonstrators carried banners saying "Shell out of South Africa, let's boycott apartheid, sanctions
        87 words
      • 75 30 A MONTH-LONG STRIKE by dock workers at the Portuguese port of Setubal has caused losses of around 200 million escudos, port officials said. They said the stoppage, over a pay dispute, had cost the industrial port vital business and forced about 70 ships to dock instead
        75 words
      • 82 30 A 24-HOUR STRIKE by train drivers and conductors caused chaos on Italy's rail system on Sunday but their action had little immediate impact on fans travelling to World Cup matches. A spokesman for the rail unions said there had been a "massive response" to a call for
        82 words
    • 1075 30  -  Michael Grey of Lloyd's List looks at the prospects for today's seafaring officers who wish to switch over to careers on shore after a period of time Michael Grey AN improvement in the economic prospects in ocean shipping promotes the career prospects of well-trained seagoing
      1,075 words
    • 934 30 May 24-July 26: International Freight Forwarding I, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no: *****5 (for members only). June 27-28: Reefers 2000 Boom, Bust or Breakeven? Lloyd's of London Press conference, Hilton International, Kensington, London (details:
      934 words
    • 12656 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,656 words
    • 3344 43 Containerline NV: Belsin Shpg Agencies Pte Ltd (S)/Manne Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SVAccord Contr Line (M) Sdn Bhd (PKVAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel liner Service: Kim Shpg Trdg (S).
      3,344 words
    • 214 43 Abacus Couriers Td: 545-8011,448-6415. Air Express Service Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. City-link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services Td: 296-5720. Dill. International Td: 344-8911.Fax: *****61. DPE Courier Td: 284-6611 (7 lines). Fax: *****88. Kmery Worldwide Td:
      214 words
    • 1471 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink K G Freight International Td: 545-5992. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air
      1,471 words
    • 2390 44 ARGENTINA Labour Tug boat crews in Buenos Aires and Bahia Blanca are working to rule since June 14 in demand for better wages; tug service only available during normal woriiing hours with restrictions; no towage in overtime or weekends. Buenos Aires: Port busy; most general cargo berths occupied;
      2,390 words
    • 497 44 ARRIVALS DEPARTURES Op Flight Type ETA From Op Right Type ETD To TODAY TODAY KAL KE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/HKG/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL617 B747F 0345 TYO ORD/LCK/ CLX CV7972 B747F 2359 LUX/DXB/HKG BOS SIA SQ802 B747F 0230 SYD/AKL
      497 words
    • 639 44 SHIP SALES TANKER RATES A NORWEGIAN concern paid around US$l35 million for 12 small chemical tankers built between 1983/1985. The vessels are the Stainless Fighter (12,749 dwt, built 1985), Stainless Master (12,721, 1985), Stainless Governor (7,578, 1985), Stainless Sailor (7,575, 1985), Stainless Leader (7,568, 1985), Stainless Mariner (7,568, 1985), Kobe
      639 words
    • 394 44 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait Pep Nunt of Vessel ETA h i U Port Agent Porta of Calls JUNE 07 07 Andaman Princess 1300 1700 Andaman Cruise Cruise to nowhere 08 08 Andaman Princess 1300 1700 Andaman Cruise Cruise to nowhere 09 09 Andaman Princess 1300' 1700 Andaman Cruise
      394 words
    • SHIPS IN PORT
      • 591 45 fend Yoy Nt Btrih Armil Departirt Krnnrl WhjfVM April Gi 18E/90 K18 alongside 2506/1730 Edo Maru 1 K17 alongside 26 06/1200 Koto Tunuf E8% R31 alongside 26.06/2300 fata Wangt E 857 K32 alongside 30 06/0600 Murrayeveret 97E K30 alongside 25 06/1800 Pioneer Eleg 25A K17 alongside 25
        591 words
      • 1538 45 Transtarar ScheckJes Ship Voy No Ait Date fine From To Boakinf Gate Bfc Op Gdi to lade 1A 2706 90 1900 26/1045 26/1114 Portnet 1 13 00 F05 26/2315 26/2359 NA 2 An Fremantle ***** 28.06.90 0900 26/1215 26/1314 Portnet 2 A3 00 F05 27/0015 27/0114 NA 2
        1,538 words
      • 218 45 Prt Mlm South Part on Jim 25: Start Span berth 2; AJam Aman berth 3; Kris Madura berth 4; Thai Yang berth 7; Southern Cross 8 berth Jetty She*. KCT on June 25: Anro Asia berth 8; Thana Bhum berth 9; Chin Chun berth 9. North Port
        218 words
    • 986 45 CHARTERING on the freight market on Friday ended the week quietly with rates still showing signs of softening, dealers said. Unconfirmed talk was circulating the market that an easier U5517.75 had been paid for grain from the US Gulf to Japan. A 54,000 long ton heavy grain load
      986 words
    • 627 46 Reuter PANAMA must begin providing assurances that it will be able to operate the Panama Canal efficiently when it takes control in the year 2000 if it is to keep its customers and employees during the next decade and beyond, canal officials
      Reuter  -  627 words
    • 282 46 AFP THE PORT of Calais remained paralysed by a French seamen's strike for the sixth straight day on Sunday, leading many passengers to travel instead to nearby Boulogne-sur-Mer, and even to Zeebrugge in Belgium, the two ports to which the majority of
      AFP  -  282 words
    • 196 46 Reuter DONALD TRUMP has sold the Dutch shipyard which was building his luxury 400 million guilder (US$2lO million) yacht, only two months after he bought it. 'Trump sold the yard last week. I know who to and for how much but I cannot reveal the
      Reuter  -  196 words
    • 228 46 Reuter IRAQI AIRWAYS signed a US$5OO million contract to buy five A3lO-300 passenger planes from the European consortium Airbus Industrie. The contract was signed by the director general of Iraqi Airways, Nuriddin alSafi, and Jean Pierson, chief executive officer of Airbus Industrie. Airbus
      Reuter  -  228 words
    • 123 46 TAIPEI-BASED Foshing is boosting its fleet in the wake of rising traffic. It has passed orders for five more ATR 72 aircraft, three of which are under option. The airline also has an option for one ATR 42. Foshing, which started operations
      123 words
  • Page 29 Advertisements
    • 187 29 SSWK HEN 6 METAL CO PTE LID 11 TuAS AVE 14 SINGAPORE 22U TtlM R9 K»7«SMMC«. TEL: 861 MSS fSknMl TO.CFAXMI jut 'illlfy Mr n9 1 ooartm I T IMMOU. lUUWA ZonvmVx IHAILANO, MOMMA pjfl fwwmw DfP •CanMwHinAnWSUi CanmT we*| Ml TrucM AMo buy. Ml. r«nM t rap** BMTISH DESIGN
      187 words
    • 54 29 A* Forwarders IS ta Frajtf ScM* IS CantaMf SchtMt 17 Codwtt bunker report 2 Courier Sennas 15 Cram t Ferry sbwMes 16 (My Fretfto 17 MatoMivtaen 3 Pert CondteM 16 Seppm Afents 15 SNppnf Gwde 10.11 9*Hta/Tei*er tales 16 Shjs m Port 17 Snpport HHa 17 Import toy 2 Weather
      54 words

  • Page 30 Advertisements
    • 274 30 I The member lines of the Italy/Far East Conference, Entente De I Fret Marseille and Spain /Far East Freight Conference have decided to I bring significant changes to the current tariff system, which was intro- duced in 1982 based on the concept of Box-Rate. I The new tariff, called NT9O,
      274 words

  • Page 31 Advertisements
    • 2082 31 JARDINE SMPfIM AGENCIES 1;T 200 Cantonment toad #12-05 Southpotnt. Sinaapora 0208 All IF# T«t *****11 TELEX NO RS ***** ■Mlllf TERMINAL/CFS TH *****11 220 r BflflOfl 'l BOCKIMS TO *****34 23S LWW J PESAKA JARCHNE SHIPPING AGENCIES SON. BHD PORT KELANG TEL 36M111 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX
      2,082 words
    • 958 31 i i i MDEX Pa«e Col Pate Col < A /.v. -1 I M ABC ConUinertine 13 5 Mac-Neb Agencies 14 1/2 Accord Shpg 8 1-3 Macoline 18 2/3 Albatros Sea-Air 14 3 Macrsk Line 3 4/3 APC Line 14 4 .MISC 14 1-3 APL 5 3-5 M'sia Shpg Corp
      958 words
    • 2101 31 a vnml Voy ETA I ETO 'Port 'Pmmo l« DESTINATIONS Singapore KMng TM« wss* Mafckan M Closing Tims F«Mi> by cv Jn MOO MRS M Faroo C*s 2/7 1(00 HR3 M Taure OAK LOS HOU MEM ATL MM CHS BAL PHL NYC MON TOR MARIT M 8006 In Pi 27*
      2,101 words

  • Page 32 Advertisements
    • 1172 32 —o— r-^——^^—^^^—^^—^——^^——^^-HOTTEROAM/"! VOY NO S POflE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE MONTE ROSA 08/574 28/6 24/7 18/7 20/7 18/7 23/7 LONDON EXPRESS 12/578 30/6 18/7 20/7 23/7 HONGKONG EXPRESS 95/577 6/7 30/7 24/7 26/7 < 23/7 28/7 LIVERPOOL BAY 99/581 8/7 25/7 27/7 30/7 KASUGA 10/580 12/7
      1,172 words
    • 529 32 TIREC^OUTiffAanCSERViCE SIN SUV PPT CAPE MALEAS 27/6 14/7 21/7 Also accepting cargo to Lautoka via Suva DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 27/6 6/9 7/8 11/8 Also accepting Cargo to Callao (Peru) via Valpa Agenle: SINGAPORE: *****36 BOOKINGS: *****00 NORTHBOUND TO UKC I SPORE IROM/A'OAM HBG HULL(U.K)
      529 words
    • 1440 32 IJWHMHTA Mll| REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA *j ALG) HAM) ROT) •< NORASIA AL-MUNTA2AH 9017-3 29/08 03/07 20/07 22/0 25/07 27/07 21/07 29/07 31/07 NORASIA SAMANTHA 9011-3 06,-07 10-07 ?7"0? 29/07 01-06 03/08
      1,440 words

  • Page 33 Advertisements
    • 1408 33 [Steamers Maritime Holdings Ltd P&O Containers STRAITS SHIPPING StaflaptPt ti Brwni, East Miljysla, Baaikth sad Vtotna CONTAINER SERVICE TO UK CONTINENT m jg.i' vfwr* lilMiKSB ■SERVICE TO SABAH,SARAWAK BRUNEI Namfeurg to Copenhagwv Aarhu». Gothenburg. Maimo Stockholm NeJjinki. Sonderburgm. Brwiwiha»«n Rotterdam to Antwerp. Amsterdam. Otto. Bast*. Zurich. I* Havre Bxtnenliavefl to
      1,408 words
    • 1054 33 TO: EUROPE TO:FAR EAST SP LN ROM HAM B HVN FIX SPORE HK KAO KOB BU HANJIN ROTTERDAM 009W 30.6 11/7 I*7 20*7 22/7 23/7 HANJIN FELIXSTOW 002E 2/7 5/7 *7 »/7 12/7 CHOYANG CHANCE OWK 7/7 25/7 2S/7 27/7 2S/7 30/7 CHOYANG PARK 00IE 0/7 12/7 13/7 lt/7 IJ/7
      1,054 words
    • 348 33 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION YOUNG PIONEER TRADER SOLDIER VOY NO 6 10 7 Spore 30/6 14/7 14/7 f. Kelang 3/7 Penang Hong Kong Yokohama 23/7 Nagoya 20/7 Osaka Scnboku Kashima Hochimmh •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT
      348 words

  • Page 34 Advertisements
    • 703 34 w DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSL VOY S PORE R OAM/ H'BURG BREMEN ANTWERP ADAM L.J. BONTANC/21WB 2730/6 1/» «I 8 7/8 10/8 SRIWIJAYA/V2SWB 17-21/7 13/8 l»/8 22 It 2S/8
      703 words
    • 754 34 HANJIN SHIPPING FULL CONTAINER SERVICE HANJIN BOITtHOAM OWN [W] 1»T" ST ST ST* ST ISgjTg« \W\ jfjjgjfe ig CHOYANG CHANCE 048W 7/7 25/7 26/7 27/7 29/7 30/7 u 172 IM HANJIN LE HARVE 009W I 1/8 2/1 3/1 5/8 6/8 HANJIN OAKLANO 00l£ U/7 H. KUNSAN (b4[ .8 19 8
      754 words
    • 1380 34 d-ItA -1 d IKL SGP HKC KSC KLG PUS MKT OS* TYO BAI LHV ANW ROM FIX HiC SGP I EVER GRACE m ipupupwupmnpwwmw \1 01 ,*J V JL I EVER CLE AMY 7/7 UP UP *P *7 27/7 K 27/1 *1 1/1 7g M M «N EVER GROWTH I*7
      1,380 words

  • Page 35 Advertisements
    • 1816 35 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 AUST/INDIA/PAK SERVICE *****18 USA *****16 FAR EAST SERVICE *****48 DOCUMENTATION: *****44/*****14 TERMINAL: *****22 CFS: M 2 IMPORT: *****69/*****50 NEPLINE SDN BHD MALAYSIA EXPORT: *****53/*****04 r K.L.-*****33, P.Kelang *****87, Penang-*****0, J.Bahru-*****3. *****4 ISnslsSKrS «s'SSS SB SEWS*.
      1,816 words
    • 1179 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VOYAGE |SPORE {MANILA HftONt VOYAGE STORE HUH HBUtC (HAVEN TMJURY NOTT ANTWIP K. NAWEVSKIY
      1,179 words

  • Page 36 Advertisements
    • 1442 36 AS AGENTS KAWASAKI SINGAPORE (PTE) LTO (CR No **********0 M) \V\ #R TEL *****77 TELEX KAWAKI RS23I6SFAX *****79 \M J ■\J MALAYSIA HARPER WIRA SON BHD \Y TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. IHOOMS,A p N. AMKRK A PACIFIC SOIITH-WKST X N. AMF.RICA
      1,442 words
    • 697 36 PHILI-ORIENT LINES PTE LTD &l (The Complete NVOCC Package) m 4 JULY MONTREAL, ottawa, toronto, VANCOUVER, S'WESTERN ONTARIO. FCL LCL SERVICE CHARLESTON, CHICAGO, 30 JUNE DUBAI, DAMMAN, KUWAIT, DOHA, LONDON, THUNDER BAY, WINNIPEG, MUSCAT, BAHRAIN, ABU DHABI. REG IN A, SASKATOON, 8 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON, PENTICTON
      697 words
    • 411 36 9 r GOLDEN LINE T\ %i?r*l GUAN GUAN SHIPPING (PTE) LTD 23, Ttlok Ayer Street SINGAPORE 0104 1 TEL 5343 M (10 LINES) Fax. *****04 > (CR No *****S*****W) OmiW/WMIAM QUIT g»VK» S pore P. Ketang Penartg GOLDEN HARVEST Colombo*Karachi/Dubai In Port —1 GOLDEN WONDER Colombo'Karachi,'Dub*. 1/10 July CHINA CTKVICE
      411 words

  • Page 37 Advertisements
    • 1680 37 'UAfptug tuiivo) m. tvuuv wv iwwv gggPff PACIFIC INTERNATIONAL LINES (PTE) LTD K Sv P,L Building, 140 Cecil Street #03-00, Singapore 0106. JAKARTA J [BANGKOK VESSEL VOY SIM JKT SIN VESSEL VOV SIN BKK SIN EOCN ®01® 30/8 4/7 KOTA JADE 05N 30/B V 7 777 DELTA MAS HIS 1/7
      1,680 words
    • 1186 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VQY SPORE PKLANG S HAMPTON HAMBURG B HAVEN R'DAM LHAVRE Monte Rosa* 08/574 28/6 23/7 17/7 19/7 16/7 2277 London Express 12/578 30/6 Via
      1,186 words
    • 265 37 M MYANMA nVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen Bkok HAKHA V4OIW 21/30 JUN PATHEIN VlO3 JUL PAGAN VISI 4/7 JUL PINYA VIIOW 7/7 JUL HPA-AN VIS2W 12/15 JUL THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE Vi HEAVY LIFT CAPABILITY
      265 words



  • Page 40 Advertisements
    • 707 40 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG RST EUROPEAN SEN WFQ22 In Pt 19/7 20/7 21/7 23/7 E THAELMANN 4/90 4/7 21/7 21/7 30/7 ATLANTIC SEN WFO2S 10/7 2/1 3/1 4lt 6/1 N PIECK 6/90 11/7 11/»
      707 words
    • 1475 40 UKC COMVPmOMAI BHYICI Vessel P KLG PNG PC. Loading for A VESSEL 20/6 RotlwcUm/Antwerp CHINA TVLL COWTAWKm MtYICT Vessel PKL PNG SPORE BKK HKC SHA QIN LYG SHANG CHENC 12» 21/5 23/5 27/5 4/6 8/6 YANG FANG KOU 129 31/5 29/5 4/6 12f» 16/6 20/6 Accepting FCL Cargo for all
      1,475 words
    • 254 40 S PORE PKL PNG HKG INC BSN BUSAN GLORY VOO6 1 Jul 30 Jufl 6 Jul 11 Jul U Jul SINGAPORE GLORY VOO6 6 Jul 16 Jul II Jul MALAYSIA GLORY VOO6 9 Jul 7 Jul I Jul 15 Jul 20 Jul 22 Jul HAI TING VOO7 13 Jul 14
      254 words
    • 1175 40 ASEAN PORTS Ngow Hock Agency Co Ltd BKK (Tel: *****80) yam. wr wwwt Macaw MAHA BHUM# ISW W«d 27/t Sat 30g_ MCKHANIK KURAKO 15N Wad Vl* SIRI BHUM# 4S3N Fri 20/0 Mw PIYA BHUM-*- 231N Sun 1/7 **1 MAHA BHUM# 16N Wad V 7 Sjt 7/7 MEKHANIK KURAKO 16N Wed
      1,175 words

  • Page 41 Advertisements
    • 384 41 CALCUTTA DIRECT SIN CAL TIGER RIVER 96CNB 27/6 4/7 SUSAK 97 CNB 6/7 13/7 TIGER RIVER 98 CNB 13/7 20/7 SUSAK 99 CNB 22/7 29/7 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALLOI 15/7 CTG, MONGLA ETA S PORE LOADING FOR MV ALRAZI 18/7 Ummqasr/Baghdad/Basrah lST"iiSjnn VSL VOV SIWOAPORE
      384 words
    • 540 41 fell RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) m FAX: *****15/*****03 [fH[ TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES f J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ABYOT ?IWB IN PT DARESSALAAM MOMBASA DJIBOUTI ASSAB MASS AW
      540 words
    • 682 41 MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDCR SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA 4 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG t AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT
      682 words
    • 1423 41 CRYSTAL FREIGHT <CF5> SERVICES PTE LTD ■v TEL: 2Z*****/*****Z2 ow ctßSOiMim tamcE it: FAR EAST PORT KELANG 29/6 6/7 MANILA 1/7 4 8/7 PENANG 29/6 4 6/7 BUSAN 29/6 4 6/7 BANGKOK 29/6 4 3/7 TOKYO 28/6 4 5/7 HONG KONG 29/6 4 3/7 YOKOHAMA 28/6 4 5/7 KAOHSIUNG 1/7
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    • 76 41 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: m.v/ ellen hudig" V 250 ETA 28/6/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! iFROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl Hfj Fl* Ham Ant Fos/lfar liv S pore E HUDIG 19/5 28/5 31/5 7/6
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  • Page 42 Advertisements
    • 1339 42 MAC-NELS SINGAPORE EXPORT TEL; *****22 j IWPOWT TEL: *****02 TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089} 7/8679 KELANG TEL: (03) *****77 tcuCHING 1 (082) *****3 SKAN TEL: (089) *****2 J BAHRU TEL: (07) *****2 |SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 I > JAKARTA TEL: (21)
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    • 433 42 ffgfc blue star line SINGAPORE TO UNEW ZEALAND AND T/S FIJI FUIjIJY CONTAINERISKD MONTHLY SAILINGS niSCHAHGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIKR, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N Pl* AUCK ITT MULBERA liS 20 Jun 2 Jul Wm NPI I
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    • 984 42 THONG SOON LINES PTE. LTD. NL/T I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL fgT [tTD joEST VESSEL VOT J ETO JOT KIM SOON LI 25/906 23 JUN PENANG JENHOL 8/90E
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  • Page 44 Advertisements

  • Page 45 Miscellaneous
    • 436 45 TIDES AND WEATHER TODAY'S TIDES (togtt m metres) HOUR 0000 0100 0200 03M 0400 0500 0100 0700 MOO **********10 1200 13M********************1M0 2000 2100 2200 2300 JR 11 13 32 22 22 1.5 1.0 0.6 0.3 0.3 0.5 1.0 16 2.1 2.4 2.4 22 1J 1.4 1.1 1.0 1.1 1.4 2.0
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  • Page 46 Advertisements
    • 337 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -CTO" SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANQ PENANG TBN 02/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 30/6 INDONESIA
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    • 457 46 ▲HYUNDAI MERCHANT MARIE CO. LTD. TO PSW SIN HKG LBH OAK SEA FROM PBW L6H OAK SEA HKC SIN HYUNDAI COMMANDER IK 3006 0507 23/07 2607 2907 HYUNDAI INNOVATOR 32* 2105 31/06 0306 2106 20/00 HYUNDAI PIONEER 33E 0707 1207 30/07 02/00 0501 HYUNDAI EXPLORER 31* 0406 07/06 UO6 2106
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    • 133 46 mmm bintang mas shipping pte. Ltd. Tat 2X**********S TU: OS CMS SIMM* Fa» 225-7SM 1 AmJ Dap* Tat 47X471 ■■H S pan A«wt» IT«AITS SMPPINC PTC. LTD Td WM Tli: OS ***** Pac 22MU7 PG AanKt KRIS PANLAMAN SON ONO Tal:lTsilmO/O TU: MMN7O Faa: 07 ***** REGULAR SERVICES TO BRUNEI
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    • 580 46 CHARTPOINT Every Saturday in Business Times iFMMrlr— |*r I (Ml HO. |SBTtSS V* SIR LAX OAK NOU ML CM/ iMORIKH IIITC lauMA khkmm Ivjm In* M alligator trmrwT" 7nzu" TyT knT WWW W W W OUR USA [RUMA IMUKK |»M I |a» [ALLIGATOR fORTUW »JBU W Z\P W MP MP
      580 words