The Business Times, 29 June 1990

Microfilm: NL17024
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday June 29 1990 75*
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  • NEWS SUMMARY
    • Article
      Kaifu signals opposition to aid for Moscow
      62 1 JAPANESE Prime Minister Toshiki Kaifu yesterday indicated that Tokyo would not favour proposals at the Houston economic summit to give financial aid to Moscow. He also said in Tokyo that Japan did not want to isolate China, and hinted that Tokyo might take
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    • Article
      Bid to expand role
      24 1 THE 16-MEMBER Enterprise Development Council will brainstorm ways to expand the private sector's role in boosting local industries Page 2
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    • Article
      No fears over trade
      29 1 THAI Finance Minister Pramual Sabhavasu has forecast that Thailand's external trade position will cause no problems in the next five to 10 years Page 7
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    • Article
      Arms cuts in Europe
      37 1 NATO and the Warsaw Pact have agreed to new cuts in conventional forces in Europe at disarmament talks in Vienna after reaching agreement on how to define tanks and armoured vehicles Page 8
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    • Article
      Japan-US talks hailed
      34 1 JAPANESE and US negotiators ended marathon trade talks yesterday and hailed as a success an agreement on measures to help trim the US$49 billion US trade deficit with Japan Page 9
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    • Article
      Bush seeks trade zone
      50 1 US PRESIDENT George Bush has called for the establishment of a free trade zone covering all of the Americas and for a new investment fund for Latin America Page 9 HERO TODAY, GONE TOMORROW 10 ADVANCE, RETREAT, ADVANCE 14 NOT IF THEY CAN HELP IT 15
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    • Article
      Pearl of wisdom
      17 1 I'M MORE of a philosopher than a jazz singer, says Pearl Bailey Page 19
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    • Article
      CIAS moving ahead
      30 1 FACED with limited growth in the ground handling business, Changi International Airport Services (CIAS) is moving into related businesses in a big way. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      23 1 WALL STREET stocks showed moderate gains and were steady in early trading yesterday. The Dow was ahead six at 2869.
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    • Article
      Footsie lower
      33 1 LONDON share prices were lower in light trading at midday yesterday. At about 12.15 pm (1115 GMT), the FT-SE 100-share index was down 9.9 points, or 0.4 per cent, at 2,363.6.
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    • Article
      Marco Polo rebounds
      26 1 AFTER three years of losses, Hotel Marco Polo has staged a turnaround, chalking up a group after-tax profit of $7.72 million Page 3
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    • Article
      Talks on listing
      24 1 THE SINGAPORE subsidiary of a multi-layered printed circuit board manufacturer in California has held listing talks with the SES Page 3
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    • Article
      QAF does better
      26 1 THANKS to better profits from its core business, foodgroup QAF Ltd improved further last year with net earnings of $2.87 million Page 3
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    • Article
      Higo's here
      28 1 KYUSHU-BASED Higo Bank has set up a representative office in Singapore, making it the second Japanese regional bank with a presence in the Republic Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 803.31 -4.48 Kuala Lumpur ....586.59 +0.55 Hongkong 3,273.28 -11.19 Tokyo 32,106.19 -206.56 Sydney 1494.1 -7.5 Wednesday Change New York 2,862.13 +19.80 London 2,373.5 -26.3
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    • Article
      COMMODITIES
      21 1 Exchange rates US$ SSI.8400 Yen SS 1.1913 MS SS0.6787 M«ney mirlut rates Overnight 6 15/16 +5/8 3-month 7 1/4 unch
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    • Article
      CURRENCIES
      35 1 London Gold PM fix US$352.30 USS1.65 Rubbor S'pore July I57.25*/kg +1.75 M'sia July M232.50«/kg +0.50 KL Da Turnover 93 tonnes -2 Spot M$16.33/kg -0.07 Crado uhn oil Turnover 687 lots +114 Jul M$670/tonne unch
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  • Article
    S'pore Aerospace makes 100-million-share launch
    505 1  -  By Abdul Hadhi SINGAPORE AEROSPACE Ltd, a subsidiary of the defence-related Singapore Technologies group, yesterday launched a public offer of 100 million SG-cent shares at $1.50 each. The offer represents onethird of the group's enlarged share capital. Of the proceeds of $150 million, the group
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  • Article
    Provisions Suppliers' listing approved
    403 1  -  By Yong Pow Ang PROVISIONS Suppliers Corporation (PSC) has been given approval to list its stock on the main board of the Singapore stock exchange. It is expected to invite public subscription in early August. The issue, to be managed and underwritten by United Merchant Bank,
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  • Article
    Bank share prices stabilise, foreign premiums narrow
    437 1  -  By William Chia THE share prices of the major listed banks stabilised yesterday after fluctuating wildly on Wednesday while the premiums on foreign over localregistered stocks narrowed further. The Monetary Authority of Singapore's announcement on Tuesday that it was raising the foreign shareholding
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  • Article
    Civil servants to get 3/8-month more in bonus
    350 1  - Civil servants to get 3 /8-month more in bonus By Martin Soong THE government announced yesterday it is increasing the variable bonus paid to public sector employees by three-eighths of a month, and hinted that expectations of stronger-than-expected growth this year could also mean a special one-off bonus in December.
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  • Article
    Growth may top 8pc
    115 1 IN A STRONG hint yesterday, the usually conservative Finance Ministry suggested that economic growth "may eventually exceed 8 per cent* for 1990. This hint is the first indication that the economy may exceed the range of 6 and 8 per cent originally forecast by the Trade
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  • Article
    Lock icon Soviet party leadership restructure proposed
    79 1 AFP THE SOVIET Communist Party is to have two leaders under proposed new party bylaws published yesterday by Pravda and which are expected to be approved at the next party congress. The draft published by the party organ calls for both a president and first
    AFP  -  79 words
  • Page 1 Advertisements
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      286 1 K&* I I #01-07 Orchard Emerald Tel. *****35 M Tudor Court Shopping Gallery (Level 1), Tel: *****51 #0110, Detfi Orchard, Tct: *****15 fcrcraft Schedule 29 Money Mart* 27 World Slock Markets 26 Commodities 28 Regional News 7 Cryptic Crossword 29 Regional Stock Markets 25 Fm»* News 6 StS 20. 21
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      Page 1 Advertisements Column 2
      80 1 An Asian in King Arthur's the Australian dollar and court? That's what happens British pound. This week's IF looks at the Executive Jobs markets that affect Singapore •Do lawyers make good Hongkong, US, Japan and, to Why foreign companies in a smaller extent, Europe Japan are facing their worst while
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      Page 1 Advertisements Column 3
      120 1 Acronym contest LOOK OUT for BTs twoday Acronym Contest next week. Winners of the contest will receive Rossetti vouchers valued at $400 each, courtesy of Gamut Trading. Details and contest forms will be published in BT on July 2 and 3. BALLY BALLY BOUTIQUE in SINGAPORE Show Centre /Raffles City/Royal
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      5 1 [!Pisi©^ Quadruple Zoom+Auto Two-Co tor
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Abacus in equity swap with Worldspan
        113 2 ABACUS Distribution System, the operator of the Singaporebased US$l3O million computer reservation system (CRS), has concluded an equity swap agreement with Worldspan Travel Agency Information Services. Under the agreement, Abacus will take a 5 per cent stake in the US-based system for U5532.5 million
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      • Article
        Commercial use of CD shelters
        81 2 THREE Civil Defence (CD) shelters will be let out for commercial use through public tender under a pilot project. The Housing Development Board (HDB) said yesterday that shelters in Jurong West, Bukit Panjang and Pasir Ris will be leased on a three-year term tenancy basis,
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      • Article
        New HDB walk-in selection
        63 2 FROM July 1, the HDB will introduce a new walk-in selection system for the sale of re-purchased flats. HDB said the new system will be more convenient, eliminating repeated registrations for purchase. Applicants will also have equal opportunities for balloting each month. The HDB has taken
        63 words
      • Article
        Govt to give US$2O,OOO to Iran
        45 2 THE Government has decided to contribute US$2O,OOO in relief assistance to Iran for victims of its recent earthquake. Iran was hit by one of the worst earthquakes in its history last week. More than 40,000 died in the disaster.
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      • Article
        Promotions for SAF officers
        108 2 FROM July 1, 345 Singapore Armed Forces officers from the Army, Air Force and the Navy will be promoted to the next highest rank, while 69 others will receive salary increases. Of the 345 officers promoted, 198 are from the Army, 102 from the Air Force
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      • Article
        New name for insurance co-op
        74 2 NTUC Co-operative Insurance Commonwealth Enterprise Ltd will change its name to NTUC INCOME Insurance Cooperative Ltd from next year. The change was one of the amendments to the company's by-laws made during its annual general meeting last night. Another change increased the company's nominal capital
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    • Article
      New body to champion enterprise development
      272 2  -  By Walton Morais HOW TO boost local industries is a policy-making function best delegated to the business world, said Economic Development Board chairman Philip Yeo yesterday. The occasion was a press conference to announce the details of the setting up of the 16-member Enterprise
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    • Article
      Who's eligible for the new incentives
      231 2 TWO NEW incentive schemes to boost enterprise development announced yesterday by the government will be open to all companies with at least 30 per cent local equity. The Total Business Planning Programme (TBP) is aimed at putting in place comprehensive growth plans, while the
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    • Article, Illustration
      Singapore Business wins Best Front Cover award
      209 2 SINGAPORE BUSINESS, a monthly magazine published by Singapore Press Holdings (SPH), has won the Best Front Cover award in the 1989 Asia-Pacific Publishing Awards. The magazine was one of the four SPH publications awarded prizes last night at the 3rd Asia-Pacific World Publishing
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    • Article
      Japan overtakes US as foremost user of Simex contracts
      342 2  -  By Soh Tiang Keng JAPAN has overtaken the US as the number one user of contracts traded on the Singapore International Monetary Exchange, according to Simex president Ang Swee Tian. In his annual review, which was published in the 1989 Simex
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    • Article
      Francis Yeo is new Simex chairman
      169 2 BANKER, economist and former diplomat Francis Yeo Teng Yang yesterday took over the reins of the Singapore International Monetary Exchange. Soon after yesterday's annual general meeting of Simex, the newly-elected board of directors chose Mr Yeo as its new chairman. Mr Yeo, an executive
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      198 2 LANGDON EVERY AND SEAH With effect from Ist July 1990. LANGDON EVERY AND SEAH will change its name to DAVIS LANGDON SEAH This follows the adoption of a new group name by all our offices worldwide, being DAVIS LANGDON SEAH INTERNATIONAL and the re-naming of the four main firms of
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      Page 2 Advertisements Column 2
      158 2 OMPfOtU WW Mf MM WW MI aw amvoM f JrnmSmSLm East West-USI Insurance: a mark of strength Strength and service are vital qualities to excellent service service that has become consider in selecting your general insurance the traditional hallmark of East West-USI. Naturally East West-USI offers a experience i„ the
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Marco Polo ends losing streak with $7.72 m profits
      325 3  -  By Magdalene Ng HOTEL MARCO POLO returned to the black after three years of losses on a group after-tax profit of $7.72 million for the 15month period ended Mar 31, 1990, against losses of $3.7 million in 1988. Directors yesterday attributed
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    • Article
      QAF continues turnaround with 471 pc jump in net profit
      364 3  -  By Elaine Koh FOOD GROUP QAF Ltd has continued to improve on its turnaround last year with net earnings of $2.87 million for the year ended March 31, 1990. This is a 471 per cent jump over the previous year's
      364 words
    • Article
      Lock icon Flextronics holding talks with SES on possible listing
      430 3  -  By Hong Lee Tiam ETC Flextronics. FLEXTRONICS Singapore (FS) has held preliminary discussions with the Stock Exchange of Singapore (SES) on a possible listing. Details of the issue have not been finalised but company sources said the listing, if approved, would be
      ETC Flextronics.  -  430 words
    • Article, Illustration
      Lock icon Temerloh may dispose of some subsidiaries
      225 3 Bernama THE Temerloh Rubber Estates Bhd (TRE), which is undertaking various acquisitions to widen its earnings base, may sell some of its subsidiaries to reap profits. Chairman Tan Sri Azman Hashim told reporters after chairing the company's annual general meeting in Kuala Lumpur yesterday
      Bernama  -  225 words
    • Article
      Lock icon Work on KFC HQ building to start by year-end
      255 3 Bernama WORK on fast-food franchise holder and chicken products retailer KFC Holdings Bhd's corporate headquarters, which will house nearly 2,000 workers, should begin by the end of this year, said executive chairman Datuk Dr Mokhzani Abdul Rahim yesterday. Speaking to reporters
      Bernama  -  255 words
    • Article
      Lock icon M'sian packaging company to go public next month
      341 3 Bernama MALAYSIAN Packaging Industry Bhd (MPIB)'s public flotation will begin early next month with a public share issue, said founder and chairman Tay How Seng yesterday. Mr Tay told reporters at a press conference that the public issue would comprise 2,972,200 Msl
      Bernama  -  341 words
    • Article
      Lock icon Bidder raises stake in Boustead to 33.48 pc
      184 3 Bernama LEMBAGA TABUNG Angkatantentera (LTAT), which is making a bid for Boustead Holdings Bhd, has increased its stake in the tatter to 33.48 per cent by yesterday. Permata Merchant Bank Bhd, on behalf of LTAT, said in a statement yesterday that this
      Bernama  -  184 words
    • COMPANY BRIEFS
      • Article
        CSH, Centrepoint deals get nod
        35 3 SHAREHOLDERS of Cold Storage Holdings and Fraser and Neave yesterday separately approved the resolutions needed to effect the working out of control for shares in Cold Storage and Centrepoint Properties.
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      • Article
        CI Hldgs' sale of Johan shares
        51 3 C 1 HOLDINGS' sale of 26.07 million shares in Johan Holdings to TAS Industries Sdn Bhd is worth M$ 18.25 million. C 1 Holdings has also agreed to pay TAS a commission of 3 per cent of the sales consideration on completion of the
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      • Article
        Pilecon plans listing for units
        99 3 PILECON ENGINEERING, riding on its bullish business outlook, is seeking a listing for some of its profitable subsidiaries on the Kuala Lumpur Stock Exchange. Chief executive Hong Lee Pee told reporters after the company's annual and extraordinary general meetings yesterday that Pilecon is now working
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    • Article
      Lock icon MMC to gain M$ 36m from sale of shares to PNB
      290 3 Bernama MALAYSIA Mining Corporation Bhd said the sale of its 25.641 million shares in Sime Darby Bhd to Permodalan Nasional Bhd (PNB) for M 599,999,900 will result in an extraordinary gain of M 536.2 million. Replying to a query
      Bernama  -  290 words
  • Page 3 Advertisements
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      152 3 —~Jfcl gj^j^^^^^^^^^flßtfii*Jtflil«Z<il»jL«MM»iiS»iMl«i«l*»^ t jE^^^|^^F EimarOvena wttihe i697MoMarS)radwarusVatoi When I won the Tchaikovsky competition, I was thrilled. Later came the Avery Fisher prize. I was overjoyed. Now I play a Stradivarius on the concert stages of the world. And Ive reached the point of Delirium. CONCORD 11 THE gentry, THE CONCORD
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Furukawa Electric expects 13b yen profit
        111 4 FURUKAWA Electric Co Ltd said it expects group net profit to increase to 13 billion yen in the year ending March 31, 1991, from 7.52 billion a year earlier. The company sees current profit rising to 25 billion yen in 1990/91 from 20-70 billion
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      • Article
        Adsteam sells stake in Clyde
        68 4 THE Adelaide Steamship Co Ltd has sold a 19.68 per cent stake in heavy engineering firm Clyde Industries Ltd for A 51.42 per share, a domestic news agency Australian Associated Press reported. Adsteam finance director Michael Kent said he did not know who bought the
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      • Article
        Meiji sees net profit tumbling
        96 4 MEIJI Seika Kaisha Ltd said it sees its group net profit declining to 3.2 billion yen in the year ending March 31, 1991 from 7.07 billion yen a year earlier. Meiji's group net profit rose 124.8 per cent in the last year because of 5.56
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      • Article
        Omron profit expected to rise
        76 4 OMRON Corp said it expects group net profit of 21.5 billion yen in the year ending March 31, 1991, up from 20.80 billion in 1989/90. Omron sees group pretax profit of 45.5 billion yen in 1990/91, up from 43.87 billion the previous year on estimated
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      • Article
        NTT needs bonus go-ahead
        93 4 THE management of Nippon Telegraph and Telephone Corp (NTT) said it could not promise to make a bonus stock issue to shareholders, adding that current government regulations would make such a move difficult. "We are asking the government to loosen regulations. But we are not authorised
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      • Article
        Bearing maker's forecast
        74 4 BEARING maker NTN Corp said it forecast group net profit of 12.50 billion yen in the year ending March 31, 1991, compared with 11.34 billion the previous year. Group current profit for the same period is estimated at 23.50 billion yen on sales of 340.00 billion, compared
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    • Article, Illustration
      Lock icon Pickens still taking his case to Koito holders
      464 4 Will the East meet West at Koito? AP TEXAS OILMAN and investor T Boone Pickens yesterday took his demands for changing corporate Japan to a Tokyo company that has emphatically rejected his overtures. Mr Pickens and 52 American shareholders of his private
      AP  -  464 words
    • Article
      Lock icon Fai in joint venture with Bond Corp
      218 4 Reuter FAI INSURANCES Ltd, which is listed on the Stock Exchange of Singapore, has arranged a joint venture with the debt-laden Bond Corp Holdings Ltd on the Emu Brewery site in Perth. Bond Corp in February failed to buy back the site for
      Reuter  -  218 words
    • Article
      Lock icon Broken Hill sells 30pc stake in Woodside
      310 4 AFP AUSTRALIA'S largest company, Broken Hill Proprietary Company Ltd (BHP), yesterday sold a 30-per-cent stake in Woodside Petroleum Ltd, Australia's biggest resource project which supplies natural gas to Japan. Bob Foster, a BHP spokesman, said the company had sold the stake for about
      AFP  -  310 words
    • Article
      Lock icon HK Bond Centre's east tower for sale
      188 4 Reuter EIE DEVELOPMENT (Intl) Ltd HK is seeking to sell the east tower of Bond Centre, located at Hongkong's business centre, for around HK56,500 per square foot, a property market source said. EIE, a Hongkong-listed subsidiary of Tokyo-based EIE-International Corp, increased its interest
      Reuter  -  188 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      104 4 Anyone who has been a passenger on our Royal First Class or Royal Executive Class will know what royal treatment is like, and it's not just because of the spacious cabins and wide comfortable seats. It's the natural warmth and gfj£&ous hospitality of our inflight service that makes a pleasant
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Puette to head Apple's US unit
      289 5 NYT ROBERT PUETTE, the head of Hewlett-Packard Co's personal computer operations, has been named president of Apple Computer Inc's USA division, filling a key vacancy at the Cupertino personal computer company. The appointment, effective July 1, is a crucial one because Apple USA, which
      NYT  -  289 words
    • Article
      Lock icon Euphoria over German unification begins to fade
      542 5 NYT IT IS JUST days before the eagerly awaited July 1 economic unification of East and West Germany, the first step to political unification. But analysts have shed the German euphoria that sent the Frankfurt stock market to a record high in March
      NYT  -  542 words
    • Article, Illustration
      Lock icon Turner Broadcasting chairman gives himself a pay rise of 66pc
      215 5 Reuter TURNER Broadcasting System founder-chairman Ted Turner gave himself a 66 per cent pay rise last year, swelling his annual compensation to just under U*****,000, the company disclosed on Wednesday. In its annual statement to shareholders, the company said 51-year-old
      Reuter  -  215 words
    • Article
      Allianz captures E German insurance concern
      281 5 ALLIANZ, West Germany's largest insurance group, has won its battle against a rival group of insurers to take control of East Germany's state insurance concern. It will start business across the border from Sunday, when the currency union between the two Germanys comes into
      281 words
    • COMPANY BRIEFS
      • Article
        Trump now planning comprehensive business
        222 5 WITH ITS CASH CRISIS resolved for now, the Trump Organisation is concentrating on developing a comprehensive business plan for each of Donald J Trump's assets and grafting a more traditional corporate structure onto the organisation, people involved in the talks between the developer and his
        222 words
      • Article
        Sale of telephone company
        209 5 ARGENTINA'S desperate bid to bolster its economy by swapping equity in state companies for debt got a boost with the sale of the telephone company to US and Spanish firms, businessmen said. Bell Atlantic and the Spanish firm Telefonica bought up eight per cent of Aigenina's
        209 words
      • Article
        Security Pac bags Gibraltar
        137 5 SECURITY Pacific Corp, America's fifth-largest banking company, said on Wednesday that it had won the bidding for a failed savings and loan company in California in one of the; largest sales yet by the government of an insolvent savings institution. Security Pacific said it had been
        137 words
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      162 5 _I____^__m i-i.i' S?Jj-■>v I gßp^^ 8 P MMBanBBMBUMBH||HHjMH|| m'' :i:'.:-: HH||^^B^^HM|gH tTJJT fl^j w* jjpi *'"^s^Bw^g^y^^r^Hill^^BjKHHlv^^ftiH&S TIOMAN. EVERYTHING UNDER THE SUN FOR ONLY $2,500 MEMBERSHIP. Nowhere else can you find such a variety Membership Privileges L P of activities and luxurious amenities, on one of FREE tennis, squash, bicycling, jungle-
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Ficorinvest's profit up 105 pc
        89 6 PT FIRST Indonesian Finance and Investment Corp (Ficorinvest) boosted net profit to 15.5 billion rupiah in calendar 1989, up 105 per cent on 1988's 7.5 billion, the company said. The underwriter and finance firm announced a final dividend of 500 rupiah per share. Ficorinvest President
        89 words
      • Article
        5.1b yen loan for Philippines
        56 6 JAPAN'S Overseas Economic Cooperation Fund signed a 5.1 billion yen loan agreement with the Philippines for an electrification project. The loan will be used to bring electricity to poor areas of the capital. It carries interest of 2.7 per cent with a maturity of 30
        56 words
      • Article
        IMF to raise interest rate
        67 6 THE International Monetary Fund (IMF) said it would be increasing, from 8.65 per cent to 9.65 per cent, the interest rate it charges on loans, commencing July 1. An IMF spokesman said the increase was in line with a decision taken in May by the
        67 words
    • Article
      Higo Bank sets up representative office
      320 6  -  By Quak Hiang Whal KYUSHU-BASED Higo Bank has set up a representative office in Singapore, making it the second Japanese regional bank to have a presence here. Bank of Yokohama, the first Japanese regional bank in Singapore, operates on an offshore banking licence. More
      320 words
    • Article
      Lock icon More banks set up E European offices
      280 6 Reuter MAJOR Japanese banks are rushing to set up representative offices in Eastern Europe to monitor economic reforms and watch for potential business. However, Japanese bankers say they are being very cautious and are aware that it may take a long time for
      Reuter  -  280 words
    • Article
      SCICI raises US$ 100m loan through 24 banks
      156 6 THE SHIPPING Credit and Investment Company of India (SCICI) has raised a US$lOO million foreign currency loan through a syndicate of 24 international banks. The eight-year term loan, guaranteed by the president of India, was oversubscribed. As a result, the lenders were
      156 words
    • Article
      Lock icon NT$ up sharply on forced greenback sales
      109 6 Reuter TAIWAN'S central bank is punishing speculators who bet on a depreciation of the Taiwan dollar by keeping liquidity tight and forcing them to unwind long US dollar positions. The local currency rose sharply yesterday, ending at 27.2200 to the US Dollar from
      Reuter  -  109 words
    • Article, Illustration
      Lock icon Bank Industri Malaysia to step up lending to engineering industry
      326 6 Bernama BANK Industri Malaysia Bhd will intensify its lending to the engineering industry a priority sector to be financed and step up its financing activities in pharmaceuticals, materials technology, computer software development and boat building, said chairman Tan Sri Sallehuddin
      Bernama  -  326 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      763 words
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      Page 6 Advertisements Column 2
      87 6 -> <*• 't 1 <& «r« -.4m e* SjjyyjE|JjM NOW OPEN AT THE ORCHARD EMERALD! Get Sledgers today at our new boutique! fid Sledgers are made in France with perfect cut and superb finish using only the finest leather ensuring absolute fit and comfort. Today's professional knows that looking smart
      87 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Thai trade imbalance not a problem: minister
      388 7 THAI Finance Minister Pramual Sabhavasu has forecast that Thailand's external trade position would cause no problems in the next five to 10 years. He said the ministry had been following the external trade position closely amid worries about the widening trade deficit, the
      388 words
    • Article
      Lock icon Phase out removal of Philippine bases: aide
      154 7 AFP A SENIOR AIDE to President Corazon Aquino said yesterday that US bases in the Philippines should be phased out over five to 10 years because local forces cannot quickly replace their external-defence functions. Presidential security adviser Rafael lleto, a retired army general
      AFP  -  154 words
    • Article, Illustration
      Lock icon Son Sann seeks talks
      198 7 AFP CAMBODIAN guerilla leader Son Sann has asked former Thai defence minister Chavalit Yongchaiyuth to arrange peace talks between Cambodia's warring factions in the Thai capital. Former prime minister Son Sann said after a 25minute meeting with General Chavalit in Bangkok yesterday that he had come
      AFP  -  198 words
    • Article
      Lock icon Union accuses KL of politicising GSP issue
      239 7 AFP MALAYSIA'S largest trade union group yesterday accused the government of politicising moves by lobbyists in the United States to deny the country trade privileges, and said it had not inspired the campaign. The Malaysian Trades Union Congress (MTUC) said its 46 affiliated
      AFP  -  239 words
    • Article
      Lock icon Ramos urges arms industry cooperation
      239 7 AFP PHILIPPINE Defence Secretary Fidel Ramos yesterday called for closer cooperation among the military industries of the Association of Southeast Asian Nations to strengthen regional defence. Speaking at the opening of an exhibit of the Philippines' fledgling arms industry, he also said the country should
      AFP  -  239 words
    • NOTE BOOK
      • Article
        KL-Bangkok joint commission meeting
        78 7 THE MALAYSIA-THAILAND joint commission meeting beginning today in Pulau Pinang will discuss the finer points for establishing the Malaysia-Thailand Joint Development Authority (JDA), foreign minister, Datuk Haji Abu Hassan Omar said yesterday. Speaking to reporters after handing over assistance for the earthquake victims in Iran to
        78 words
      • Article
        M'sian manufacturing sales up
        107 7 THE TOTAL value of sales of 56 manufacturing industries in Malaysia in the first four months of this year rose 14.3 per cent or M 52.460 billion to MS 19.682 billion as against the same period last year. Twelve major industries reporting sales of over Ms4oo
        107 words
      • Article
        Call to substantiate claim
        107 7 USNO on Wednesday challenged Sabah's ruling Parti Bersafu Sabah (PBS) to substantiate its claim that the United Sabah National Organisation and the federal government are involved in a plot to deny a PBS victory in the state elections next month. Usno president Tun Datu Haji Mustapha
        107 words
      • Article
        Environmental two-edged threat
        108 7 MALAYSIA HAS expressed concern that the Vienna Convention and the Montreal Protocol on substances that deplete the ozone-layer are being seen by some countries as a pretext to place new obstacles in the way of efforts by developing countries to develop their economies. "Even more alarming, the
        108 words
      • Article
        I act on my own: Cory's brother
        119 7 PHILIPPINE PRESIDENT Corazon Aquino's controversial i younger brother, congressman Jose Cojuangoo, on Wednesday declared his independence, saying he was an official long before Mrs Aquino was "anybody in this government" Mr Cojuangco told reporters, "1 would like to distinguish myself, from the other
        119 words
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      Page 7 Advertisements Column 1
      164 7 tl ~i.*•■.' 1 w~_* i h?* -<y.'fl. ,v yprjg I 1 *^"Z'^-«' I, i r ->f>? p*. yr K 1 |Kf; |g^^My fill I aft'. 1 I Kg IE i 1 SELF INDULGENCE OR A SOUND BUSINESS DECISION? 1 *4 n [Immk Jf }MS It I; 1 »»M l w
      164 words
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  • THE WORLD 1
    • Article
      Lock icon Lithuania to consider proposal for compromise
      371 8 AP LITHUANIA'S legislature was set to begin debate yesterday on a proposed compromise in which it would temporarily suspend its drive for independence in return for an end to Moscow's economic embargo. Lithuania's leaders rushed to Moscow on Wednesday evening for their second meeting
      AP  -  371 words
    • Article
      Lock icon E Germany economy likely to show some stability next year
      300 8 Reuter THE EAST GERMAN economy should begin to display tfee first signs of stabilisation next year, West German business studies institute DfW said in its annual report, released late on Wednesday. However, the institute said that one must expect an
      Reuter  -  300 words
    • Article
      Lock icon Nato, Warsaw Pact agree to new arms cuts
      247 8 AFP NATO and Warsaw Pact negotiators agreed to new cuts in conventional forces in Europe at disarmament talks in Vienna on Wednesday after reaching agreement on how to define tanks and armoured vehicles, Western sources said. The sources described the move as
      AFP  -  247 words
    • Article, Illustration
      Lock icon Welcome aboard
      40 8 i Czechoslovak President Vaclav Havel (left) welcomed Prime Minister Marian Calfa at a swearing-in ceremony for his I new Cabinet in Prague on Wednesday. The Cabinet faces the urgent task of reforming the economy. AFP picture AFP picture
      AFP picture  -  40 words
    • Article
      Lock icon Hungary aims for market economy by next year
      202 8 Reuter HUNGARIAN Finance Minister Ferenc Rabar said on Wednesday that he hoped to set up a market economy by next January and to make Hungary's cuirency convertible sometime in 1991. He said talks were under way with the Bank of International Settlements,
      Reuter  -  202 words
    • Article
      Lock icon No danger of coup against Gorbachev: Nato commander
      217 8 Reuter NATO's commander in Europe said on Wednesday that Soviet President Mikhail Gorbachev seemed safe from a military coup despite unease in the armed forces over political reforms and defence cuts. General John Galvin, Nato Supreme Allied Commander in Europe, also said
      Reuter  -  217 words
    • Article
      Lock icon Japan, US agree on Tokyo's public works spending
      380 9 AP JAPANESE Prime Minister Toshiki Kaifu said yesterday that Japan and the US have agreed that Tokyo will spend 430 trillion yen on public works over 10 years. He told a news conference in Tokyo that Japan would try to prevent the
      AP  -  380 words
    • Article
      Lock icon Bush calls for free-trade zone for all Americas
      392 9 AFP US PRESIDENT George Bush on Wednesday called for the establishment of a free trade zone covering all of the Americas and for a new investment fund for Latin America. The US will contribute one-third of the US$3OO million a year he
      AFP  -  392 words
    • Article
      Lock icon Brazilian move to open up market applauded
      209 9 Reuter BUSINESSMEN and diplomats in Brazil have warmly welcomed radical government plans to end import restrictions, but they cautioned that rising inflation could yet torpedo the economy. Economy Minister Zelia Cardoso de Mello announced on Monday that Brazil's vast domestic market, until now
      Reuter  -  209 words
    • Article, Illustration
      Lock icon De Klerk set to negotiate constitution
      285 9 NYT PRESIDENT FW De Klerk promised black South Africans on Wednesday that he is prepared to negotiate a new constitution for the country that would eliminate remaining legal bulwarks of apartheid. Mr De Klerk also challenged Nelson Mandela's argument that foreign governments should maintain
      NYT  -  285 words
    • Article
      Lock icon House approves foreign aid Bill
      226 9 Reuter THE US HOUSE of Representatives on Wednesday approved a 1991 US foreign aid Bill cutting the Bush Administration's requested funds for military aid while adding money for economic development and export programmes. The top recipient will be Israel, with US$3 billion, followed by Egypt
      Reuter  -  226 words
    • Article
      Lock icon Rise in Seoul's overseas investment
      174 9 AP DIRECT overseas investment by South Korean companies between January and May more than doubled to US$34O million from US$l5l million a year ago, the Finance Ministry reported yesterday. Officials said the fivemonth investment involved 152 overseas projects. They said the investment figure is expected
      AP  -  174 words
    • WORLD WATCH
      • Article
        EC starts talks on trade pact with Gulf nations
        83 9 THE EUROPEAN COMMUNITY began talks in Brussels on Wednesday with six Gulf countries on a free trade agreement. The talks, which are expected to be difficult, constitute an initial contact between the European Commission and representatives of the Gulf Cooperation Council
        83 words
      • Article
        US sets terms for Soviet aid
        73 9 ANY WESTERN ECONOMIC AID to the Soviet Union must "reflect certain realities", the US said on Wednesday. State Department spokeswoman Margaret Tutwiler reiterated in Washington public concern already expressed by President George Bush and Secretary of State James Baker about Soviet economic support for
        73 words
      • Article
        Kaunda alleges overthrow bid
        66 9 ZAMBIAN President Kenneth Kaunda said in Lusaka on Wednesday that the bloody riots which erupted this week are incited by people trying to overthrow the government. The riots, sparked by an increase in the price of the country's staple food of maize meal, have claimed more
        66 words
      • Article
        Peruvian economy in shambles
        79 9 PERU'S economy was in shambles on Wednesday as Presi-dent-elect Alberto Fujimori left for an eight-day visit to the US and Japan in search of new loans for his debt-ridden country. His aides described the economic situation as chaotic, with an unprecedented devaluation of the inti, the
        79 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      63 8 This announcement appears as a matter of record only. FLEX HOLDINGS PTE. LTD. has acquired the Asian manufacturing and the United States design center facilities of Flextronics, Inc. The undersigned negotiated the structuring, pricing and financing of this acquisition and have purchased a controlling interest. A Asian Oceanic Asset Management
      63 words
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      Page 8 Advertisements Column 2
      49 8 Flextronics Holdings Pte. Ltd. has recapitalized its operations with a US$2O MILLION TERM LOAN and a US$lO MILLION REVOLVING CREDIT LINE Arranged by: Security Pacific Asia Ltd. Funds provided by: Security Pacific National Bank, Singapore Hongkong and Shanghai Banking Corporation Limited Agent: BBSS Security Pacific Asia Ltd. June 1990
      49 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      146 9 "The Temasek P" K B ty is £l of life At the Luna Restaurant 8c Corner, some of Buffet Dinner best selections of Local, Malay, JJ *U y Indian and Chinese cuisines await the hdS fill discerning Singaporean food lovers. favourite 1 De it «P*Y or otherwise, the J choice
      146 words
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      Page 9 Advertisements Column 2
      1306 9 Deutsche Bank AG |71 W| f (Incorporated in the Federal Republic of Germany) J I J I Consolidated Balance Sheet os of December 31,1989 I jmi i*e» iittwi uat*me«i*wnil, woo 1 I Cosh on hand 844 164 LiadtHes to bonks JTSS I Balance wrth Deutsche Bundesbank *4»4** 3.915.181 Liab4.i*H to
      1,306 words
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  • Article
    Part-timers earn their keep
    472 10 EDITORIAL How tight is the labour market? Well, tight enough to warrant looking at all possible alternatives, including making part-time work a permanent form of alternative employment. It should be. Singapore has hidden manpower reserves that total 760,000 people, or almost 60 per cent of the
    472 words
  • WHAT THE OTHERS SAY
    • Article
      Poles apart
      243 10 LECH WALESA has signalled that he is going to run for the presidency, impelled by what he sees as the slowness of reforms in Poland. His attacks on the government headed by a Solidarity comrade is driving a wedge between him and his erstwhile allies in the union
      243 words
    • Article
      Staying within the fold
      120 10 THE October convention of Malay-Muslim professionals is another significant development in the community's attempt to forge ahead. Though a welcome move, there are reservations too. Some have asked whether it is really necessary to have yet another Malay-Muslim convention so soon after the big Mendaki gathering
      120 words
    • Article
      Cleaning up Eunos
      127 10 CERTAIN Eunos GRC residents had recently complained that the standard of cleanliness in the estate has declined since the town council took over its management. Senior Minister of State (Education) Dr Tay Eng Soon has brought the problem out into the open, and that is good. Perhaps,
      127 words
  • REGIONAL VIEWPOINTS
    • Article
      No politics at work
      180 10 PRIME MINISTER Datuk Seri Dr Mahathir Mohamad has reiterated the obvious: civil servants should not challenge or criticise government policies and programmes. Their role is to implement and administer public policy. Of course, the government will seek the views of civil servants when working out the
      180 words
    • Article
      Please don't shed blood
      172 10 THIS WEEK, Nelson Mandela has enjoyed the kind of American acclaim usually reserved for hometown heroes. With the South African nationalist leader basking in adulation, it is worth examining the reality rather than the image. Mr Mandela, a prisoner of apartheid for 27 years until his
      172 words
    • Article
      Just cooperation
      157 10 ONE of the factors fostering the good relations between the six Asean members is the commendable habit of their heads of government exchanging visits. A brief visit not burdened by overly elaborate prescripts of protocol or a rigidly prepared itinerary can offer a good opportunity for discussions on
      157 words
  • Article, Illustration
    Lock icon Tiananmen's ghosts may haunt Moscow next
    910 10  -  The approach to reforms undertaken by two Communist greats Deng and Gorbachev are as contrasting as black and white such that heroes will become villians and vice-versa on the day of reckoning. William Overholt reports William Overholt The writer, a former associate of the
    IHT  -  910 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      79 10 TEPPANYAKI SPECIAL ATfjTHE gHnga Gingo Japanese Restaurant serves up a distinctive Teppanyoki Set Lunch, os outhentic os you might eat it in the land of the rising sun, for only $20++ per person. Live it up taste of Jopanese seafood in the evening your private functions (6-8 persons) with ola
      79 words
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      Page 10 Advertisements Column 2
      4 10 Focus 1, Pg 14
      4 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      39 10 DOONESBURY BY GARRY TRUDEAU AKTI- BUT MJHATABOUT THE l/VBS OF rttXß* ARB TH& JUST I y TOBACCO lOOBY P6O(ieUJHOD&&VONTO- \smiQfIUGKWM UHfITABOUT I SMALICHANGe* I X&PS TALKING BAZO* HJHAT ABOUT THE I THt SMAU FARMB&S &G LQAH I SMALL POTATOES*
      39 words
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  • ANALYSIS
    • Article
      Lock icon Instant cure that could turn into a headache
      939 11  -  A US-Japan trade deal won't be an instant cure for tne trade deficit with Japan, which is unlikely to fall below its current level soon. It may even become larger just in time for the mid-term elections to the US Congress later
      IHT  -  939 words
    • Article, Illustration
      Lock icon Making up is hard to do
      868 11  -  Political and economic pressures have forced Hanoi to reassess its relationship with friends and foes alike. David Storey reports David Storey Reuter ON JUNE 6, two pictures of identical size appeared next to each other on the dense front page of the Communist Party
      Reuter  -  868 words
    • Article
      Lock icon Foreign investments and economic sovereignty
      988 11 Foreign investment has galloped ahead in the past decaae. This trend is changing the character ot the world economy. Economist EVERY industrial country, including Japan, has more of its economy under the control of foreign firms than a decade ago. As the pace of economic
      Economist  -  988 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      84 11 Personal touch, Gracious living, Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping a your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere
      84 words
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  • SPORTS 1
    • SIDE LINES
      • Article
        Time to rev up for Formula Shell rally
        110 12 CAR RALLY ENTHUSIASTS, take note. This year's Formula Shell Economy Rally is to be held on July 28 to 30. An entry fee of $80 per person for newcomers will include a night's stay at the Novotel Orchid Inn, inclusive of breakfast
        110 words
      • Article
        Lewis sues Canadian coach
        117 12 FORMER Canadian track coach Charlie Francis has been added to the list of people being sued by American athlete Carl Lewis for what the six-time Olympic gold medalist alleges was a conspiracy to defame him. Lewis began his libel action of nearly US$364 million in December
        117 words
      • Article
        Taxmen checking teams' books
        102 12 FRANCE'S redoubtable tax inspectors are scrutinising the books of all 20 of the country's first division soccer clubs, trying to make sense of figures which the Socialist government says do not add up. Sports Minister Roger Bambuck, who is leading the campaign for a clean-up, says
        102 words
      • Article
        Two-way tie for Kansai lead
        73 12 UNHERALDED Masakatsu Sano scored a pair of eagles yesterday in a five-under-par 67 and shared the first-round lead with veteran Shinsaku Maeda in the Kansai (West Japan) PGA Championships in Kishimoto. Sano, who started from the 10th hole, sank seven-iron shots of 150 yards on
        73 words
      • Article
        Aussie cricket coach to stay
        65 12 AUSTRALIAN cricket coach Bob Simpson has renewed his contract with the Australian Cricket Board (ACB) for two more years, the board's general manager said yesterday. "Bob has played a major role in Australia's climb back up the world cricket ladder and he will now remain
        65 words
      • Article
        Chicago moves into top spot
        124 12 CHICAGO moved into first place ahead of Oakland in the American League West on Wednesday as Ron Kittle hit two home runs to help the White Sox beat the California Angels 5-2 in Anaheim for their seventh straight victory. The White Sox departed for their
        124 words
    • Article, Illustration
      Lock icon Cup favourites treading warily
      621 12 AP SOCCER PUNDITS are predieting that Italy, Argentina, West Germany and England will qualify for the semifinals of the World Cup. But those teams aren't taking anything for granted. After a tournament that has been notable for a series of surprising results, Italian coach Azeglio Vicini
      AP  -  621 words
    • Article
      Lock icon Voeller's suspension worries Beckenbauer
      211 12 AP COACH Franz Beckenbauer believes that West Germany will badly miss suspended striker Rudi Voeller in Sunday's World Cup quarterfinal match against Czechoslovakia. "It will be a difficult match, because Czechoslovakia has improved a lot recently," Beckenbauer said. "We can overcome them if we play with
      AP  -  211 words
    • Article, Illustration
      Lock icon Nicklaus remains man to beat on senior tour
      488 12 AP WHEN Jack Nicklaus and Lee Trevino were approaching eligibility for the US PGA Senior Tour, Gary Player stepped up his exercise programme. "I did more of everything," Player said. "More on the bicycle, more on each exercise. I started watching my
      AP  -  488 words
    • Article, Illustration
      Lock icon Top seeds stamp their authority at Wimbledon
      545 13 AP HAUNTED by the ghosts of John McEnroe and 10 other seeded players who failed to survive the first round, Wimbledon needed a return to normalcy. In charged its saviours, armed only with powerful serves and sweeping groundstrokes. And when defending champions Boris
      AP  -  545 words
  • Page 12 Advertisements
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      632 12 I E3ESESES BARCLAYS PLC its subsidiaries Head Office: 54 Lombard Street EC3P 3AH. Singapore Office: 50 Raffles Place #23-01, Shell Tower, Singapore 0104. Maxwell Road RO. Box 887, Singapore 9017. Tel: *****55. Balance Sheets at 31st December 1989 Barclays PLC Consolidated Profit and Loss Account for the year ended 31st
      632 words
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  • Page 13 Advertisements
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      711 13 I BANCA COMMERCI ALE ITALIANA "1 II (INCORPORATED IN ITALY WITH LIMITED LIABILITY ESTABUSHED 1894) II HEAD OFFICE: PIAZZA DELLA SCALA 6, MILANO, ITALY I CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31, 1989 II ASSETS (US$ millions) LIABILITIES AND SHAREHOLDERS' EQUITY (US$ millions) II Cash and funds with the Central
      711 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon Advance, retreat, advance
      1391 14  -  Jim Abrams reports on changes in China, where the vanguard become victims and vice-versa Jim Abrams AP The drama of changing China over the past four years has been marked by consistent themes. The forces of change speak out and are suppressed. The suppressors relax their vigilance,
      AP  -  1,391 words
    • Article, Illustration
      Lock icon Land — the great divide
      656 15  - Land the great divide As South Africa acts to dismantle apartheid, the redistribution of land to the black majority threatens to upset the apple cart. William Maclean reports William Maclean Reuter Three hundred YEARS of white domination require nq apology, according to South African farmer David Grobbelaar. The 50-year-old ex-army
      Reuter  -  656 words
    • Article
      Lock icon Do they know what they want?
      496 15  -  Cameron Duodu reports on the political processes in Africa Cameron Duodu The writer, formerly editor of the Daily Graphic of Ghana, writes on African affairs for The Observer of London. IHT THE RULERS of Africa seem to be falling over each other in announcing
      IHT  -  496 words
  • Page 14 Advertisements
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      320 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50, AND IN THE MATTER OF I INVESTMORE HOLDINGS PTE LTD (IN MEMBERSVOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of INVESTMORE HOLDINGS PTE LTD, duly convened and held at 9 Penang Road #11-16, Supreme House, Singapore 0923 on
      320 words
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      Page 15 Advertisements Column 2
      316 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50, AND IN'THE MATTER OF WENDELL INVESTMENTS PTE LIMITED (IN MEMBERSVOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of WtNDELL INVESTMENTS PTE LIMITED, duly convened and held at 9 Penang Road #11-16, Supreme House, Singapore 0923 on the Thursday, 28
      316 words
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      Page 15 Advertisements Column 3
      316 15 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50, AND IN THE MATTER OFARGUS INVESTMENTS PTE LIMITED (IN MEMBERSVOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of ARGUS INVESTMENTS PTE LIMITED, duly convened and held at 9 Penang Road #11-16, Supreme House, Singapore 0923 on the Thursday, 28
      316 words
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      Page 15 Advertisements Column 4
      317 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50, AND IN THE MATTER OF ANTIGEN INVESTMENTS PTE LIMITED (IN MEMBERSVOLUNTARY LIQUIDATION) At an Extraordinary General Meetingof the members of ANTIGEN INVESTMENTS PTE LIMITED. duly convened and held at 9 Penang Road #11-16, Supreme House, Singapore 0923 on the Thursday, 28
      317 words
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      Page 15 Advertisements Column 5
      318 15 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50, AND IN THE MATTER Of 34V PENTHOUSE PRIVATE LIMITED (IN MEMBERSVOLUNTARY LIQUIDATION) M an Extraordinary General Meeting of the members of 34 V PENTHOUSE PRIVATE LIMITED, duly convened and held at No. 1 Cuscaden Road #02-102/103, Singapore 1024 on the Thursday,
      318 words
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      Page 15 Advertisements Column 6
      847 15 KCK3 Corporation Head Office: One NCNB Plaza, Charlotte, North Carolina *****, USA Singapore Branch: 5 Shenton Way, #11-01, UIC Building, Singapore 0106 CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME J (DoNara In Thousands) < Po ,r, Jr Th< u f*" d V|~*f* p< December SI Per-Shers lulu ■Vlnii) 1989 1986
      847 words
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  • Article, Illustration
    A new image to keep up with the times
    760 16 A BT SPECIAL ADVERTISING FEATURE JUST like the airlines it serves, Changi International Airport Services is fast expanding into new areas of business. And to symbolise that expansion, it has adopted a new logo and new uniforms for its staff. The
    760 words
  • Article
    A new logo for a dynamic airport service
    125 16 THE stylised letter "C\ which incorporates the visual element of motion dynamics, is the basis of the idea for the new logo (right) for Changi International Airport Services. The big "C* stands for Changi and the "runway lines" convey CIAS' tie-up with
    125 words
  • Article, Illustration
    For the record, a tie up with Guinness
    273 16 WORLD record-holders are coming to town. And the place to watch them is the World Trade Centre in August, courtesy of Changi International Airport Services. So make a date with Southeast Asia's first exhibition that brings recordbreaking feats featured in the Guinness
    273 words
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  • Article, Illustration
    Ensuring security at two airports
    299 17 CHANGI International Airport Services has won a $26.7 million contract to provide security at both Changi and Seletar airports for the next three years. The contract, awarded by the Civil Aviation Authority of Singapore, takes effect from Sunday. Terminal 1 of Changi Airport will be
    299 words
  • Article, Illustration
    An idea that won enthusiastic support
    341 17 CHANGI International Airport Services (CIAS) was set up some 12 years ago to provide ground handling services at Singapore's international airport in Paya Lebar. The idea, first mooted by the Port of Singapore Authority in 197/, received enthusiastic response from several major airlines. After
    341 words
  • Article, Illustration
    Growing to include a diverse range of services.
    375 17 1977 Dec CIAS is incorporated. 1978 Feb: Operations begin at Paya Lebar Airport. First service: cargo handling. 1979 April: Engineering Services set up to service and maintain growing fleet of motorised equipment. June: First flight handled by Ramp Services, the forerunner of
    375 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      252 18 iiitaiu iui iiiv wiiwiiij• r i TO WINE, DIHE... Some like it hot. v The Szechuan Court is proud to present the return of The Xian Master Chefs from The Golden Flower Hotel of Xi'an. With skills a legendary as the great historical citv of Xi'an, the chefs will prepare
      252 words
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      Page 18 Advertisements Column 2
      283 18 PLEASINGLY HYATT Discover the world of sensational Singaporean dishes in a buffet. Taste Singapore favourites and international specialities at Plum's, on Fridays and Saturdays. Dinner buffet onlv. Price: $22* u hi i i< 11 ii u 11 ii 11 PLUM'S •plus 10% Sen ice Charge and Gov ernment Tax m
      283 words
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      Page 18 Advertisements Column 3
      245 18 K ID m w toV v *J IS ik<£. :j^ CORDLESS MIKE...LATEST DISCS The Streets cordless mike Karaoke Lounge with latest discs, cosy ambience and fabulous snacks. Nightly. Happy Hours 6-8 pm. (First Drink Charge— inclusive of 2 drinks) foe*/ ROSE GARDEN SICHUAN RESTAURANT H Level 5. Golden landmark Hotel
      245 words
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      Page 18 Advertisements Column 4
      330 18 tbi 1." The art of unlocking the delicate Qavours of fowl, fish and game with nw flSjT subtle touches of condiments. That's 35th floor Guangdong cuisine. Taste for yourself its delicious variety at the Pine Court May 1-31, Noon-2.30pm Adult: $26+ Child below 10: $14+ 333 Orchard Road. Singapore 0923.
      330 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      527 18 TELEVISION AND RADIO M jft 1 (Cartoon) Natlaaal Mosqua (L). BUslN£ssl iBBI l (rerms galore ssrsr \JWXXXXI3 V 7.30 PM Tl» Sdanca Edtttaa (Doc- 7JORa»»(M). 3.25 Arah Drama (Pt 2). 7.10*1, 9-lSam, 1.30pm, in »•r'aTorJ^aT Mu «srsL!?£r sm ~us-^ M L^' ifa| ar i nt#rtud Fir< mu 820 Friday Background
      527 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Pearls of Bailey wisdom
      1061 19  -  Pearl Bailey subscribes to the motto: 'It ain't how good you are. It's how long you last.' The 72-year-old jazz singer tells Stephen Holden her views on snow business, marriage, religion and politics Stephen Holden NYT PEARL BAILEY reflected the other day: "I'm more of a
      NYT  -  1,061 words
    • Article
      Lock icon An enduring, endearing letter
      882 19 Samson's love note to Delilah is reportedly found among the Dead Sea Scrolls AP A SCHOLAR said that a fragment of a letter from the biblical strongman Samson, possibly a love note to the temptress Delilah, had been found among the Dead Sea Scrolls. John Strugnell,
      AP  -  882 words
    • Article
      A birthday parade fit for a Queen Mother
      266 19 QUEEN MOTHER Elizabeth celebrated her 90th birthday with military bands, a parade of pern, a gardener carrying a flowerpot and a skeleton wheeled on a platform. American model Jerry Hall and an Aberdeen-Anpis bull were also among participants in Wednesday night's parade,
      266 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      193 19 AND ENTERTAIN High Fashion At High Tea. HIGH TEA; Jrti TO JfM-FASWON SHOWS AT 4PM. 9Si jSVHHk ADLXTVII2 JL CHILDREN: W.SO Every Saturday, High Tea is highly fashionable at the Fountain Lounge: With 1 a fashion show featuring some of Singapore's r top models and best fashion. A® Century Park
      193 words
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      Page 19 Advertisements Column 2
      247 19 HHk y y HnH SUNDAY g FAMILY m BRUNCH B $13 M (S7* for children uixlcr 12) K29 TEEOFF CAFE BAT COLT* COUNTRY CIJUI NSI 6 MARINA CREEN SINCAPORE 0101. FOR RESERVATIONS PLEASE CALL 221 2»11/?22 4221 I 1 1 I I r Traditional Refined Sushi AOYAMA O-ZUSHI r" I
      247 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Late profit-taking erases early gains
      4365 20  -  By William Chia SHARE PRICES on the Singapore stock market closed mixed yesterday as profit-taking later in the day wiped out eariy gains. A broker said that investors had bought heavily on Wednesday in anticipation of strong foreign interest coming in after the government announced
      4,365 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4193 21 [Main Board GE Life 1430 40 2.9% ICS 535 +35 +7.0% OUE 950 30 3.3% SPH Foreign 1050 20 +1.9% Metalock 25* 332 +12 +3.8% SIA 200 1370 +10 +0.7% OCBC 965 +10 +1.0% Sea View 570 +10 +1.8% Metro Hldgs 535 +10 +1.9% CAC
    4,193 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      302 22 Coeipany Data Year Group N«t Nat earnings Crtu ann to profit/lost (L) per slur* dividend ('000) (cents) lurong Eng )«n 27 Dec 89 $4.7591 ($3,320) -(13.3) 7 5(15) SIA Jun 25 Mar 90 $1.200.600(1985,300) 1884(1590) 35(15) Jacks kit Jun 22 Jan 90 $2281 ($33) -(0.3) IJM Corpn Jun
      302 words
    • Article
      PRELIMINARY RESULTS
      200 22 Company Date Year Group pre-tax Not earnings Grots ann to profit/loss (L) por share dividend ('000) (eoets) Kim Eng Jun 27 Mar 90 $20,601 6 7(-) 5(-) Summa Inv Jun 27 Mar 90 $1.384L ($7.3221) CK Tang Jun 25 Mar 90 $10,670(16.732) 24.7(15.0) 6(6) MAS Jun 25 Mar
      200 words
    • Article
      INTERIM RESULTS
      136 22 Company Date Half-year Group pro-tax Interim ann to proffi/loM (L) dividend ('000) CASH Jon 26 Feb 90 M$669l($50flL) Asia Pacific Jun 22 Mar 90 $48,108($51.412) 15.4(12.3) F&N Jun 22 Mar 90 $75,678(175,627) 9.2(9.2) Avimo Jun 8 Mar 90 $1,571 ($6,126) 7.5TE(10TE) KL Kepong Jun 1 Mar 90 M$54,868($102,«81)
      136 words
    • Article
      CORPORATE DEVELOPMENTS
      426 22 Jin 27 FW Capital Corporation will pay As22m tor its proposed acquisition of Jarden Morgan Material Hamflnf Engneerint Ltd, which is placing out 10% ot its issued share capital, will use part ot the estimated $3.52 m proceeds for business expansion. Tilt Unted Overseas Bank group has awarded
      426 words
    • Article
      DIVIDENDS ANNOUNCED
      909 22 Currant Ex lulu Date Total far Total far paymant data dou payaMo tho jpur last yaar AMP Jun 20 Jul 5 Aug 15 1 29sen Amcfll 10% kin 18 Iw28 UK 101 101 Mi Padk 15.41(1) Jul 4 Jul 16 Jul 20 1541 35 8% Awno 7 5*TE(I)
      909 words
    • Article
      RESULTS DUE
      547 22 Singapore Stocks Last Fid Year Ca*any NM Date Tea Net EPS Grots Kit wwmd cndh| (cenh) #r profit M r«» (TWO) tertjn FmI Feb 28 Nov 89 391 10.0 11.728 Marts Mi Final Mar 27 Dec 89 3.471L lea* Hut Intern Mar 30 Dec 89 5351(h) OB Interim
      547 words
    • Article
      BONDS, LOANS & WARRANTS
      649 22 BONDS, LOANS WARRANTS -iirr-r CMMntaip«M Cwwstw tem «w we w*wy tiwe CK HI Betore 28/4/93 1 warrant phis *3 09 ttrt C— if I— Causeway Nt 2/10/89 to 20/10/94 1 warrant plus $1 cart or 1 warrant plus |1 nomnal amount of loan stock Dm Hq> Nates Oust Nt March
      649 words
    • Article
      APPROVED ISSUES
      268 22 Company Rights Issue KB Carpn One-tor three MSI 60 per share $30.131m 1% Convertible Unsecured Loan Stock of MSI 00 nommal value to be issued on the bass of 1 (US tor every nght shares held. Ei-date Jun 6 Books dose: kin 20 Acceptance Payment NYA Muda Mdgt
      268 words
    • Article
      PROPOSED ISSUES
      563 22 Company Rights Issue Caueway tw Capital reduction scheme to reduce par value ot shares front $100 to $060 Rights issue ot 3 2 fo $060 per share CIM One tor one <n. MJ4 00 per share Every tour rights shares would be issued with one TSR f AC8
      563 words
    • Article
      RECORD HIGHS & LOWS
      154 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 hifh: 1402 22 (6/2/90) 1990 I** 1607.12 (27/3/90) 1990 low: 1254 18 (2/5/90) 1990 tor. *****8 (2/5/90) 1919 hifh: 1322.00 (28/12/89) 19W Mdc 1487 76 (26/12/89) 1989 tow: 917.42 (4/1/89) 1919 tow: 1030.69 (4/1/89) 1988 hifh 1043 86 (8/8/88) 1988
      154 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      204 22 m INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF SINGAPORE FINANCIAL LITERACY FOR NON-ACCOUNTANTS! The Certified Diploma in Accounting and Finance is offered by the Chartered Association of Certified Accountants of Singapore (United Kingdom). It is a post-graduate level qualification which aims to provide non-accountants with the background knowledge and awareness which
      204 words
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      Page 22 Advertisements Column 2
      133 22 up EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but when we don't, you'll know you'll alive after that exciting, exacting or simply emaciating week of work. So don't throw in the hi,*h-flyi ig towel, or take shots in the
      133 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close mixed on afternoon profit-taking
      3769 23 Bernama SHARE PRICES finished mixed on the Kuala Lumpur Stock Exchange yesterday when profit-taking set in during the afternoon session. The KLSE Composite Index gained O.SS of a point to 586.59 but the Industrial Index dipped 1.79 points to 1,166.63. The New Straits Times
      Bernama  -  3,769 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      418 23 ma&f mhdcnesta I EXHIBITION AND TRADE FAIR I WORLD TRADE CENTRE SINGAPORE 4 12 AUGUST 1990# 70 00 am 74 00 pm For business vis/tor only 74 00 pm -2200 pm For public. Made in Indonesia Exhibition and Trade Fair <i great range < and commodities from more than 300
      418 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Shares close lower on profit-taking
      2267 24 TOKYO STOCKS closed lower yesterday after investors took profits off two straight days of gains. Brokers were relieved that the indices did not retreat further, despite a weaker bond market and scattered selling in the cash market by index future arbitrageurs. Brad Bauer, a broker
      2,267 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Hang Seng index ends weaker in quiet trade
      2522 24 HONGKONG STOCKS closed weaker yesterday but off their lows in quiet trading. Brokers said the market is entering the summer doldrums and no excitement is expected in the next few weeks. The Hang Seng index lost 11.19 points to 3,273.28 and the
      2,522 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks weaker on arbitrage moves
      • Article
        AUSTRALIA
        1161 25 THE AUSTRALIAN share market ended weaker yesterday on unwinding of arbitrage positions ahead of the expiry of the June share price index futures contract today. One broker said there was also "a bit of cleaning up of portfolios". "Institutions don't want to be seen holding some of the worst
        1,161 words
      • Article
        Untitled
        87 25 Clow Pre* low June 28 SYDNEY All Ordinaries Index 1494.1 1501.6 -7.5 All Industrials Index 23)5.1 2363.6 -8.5 All Resources Index 840 4 846.7 -6.3 Turnover (million) 514.2 110.74 403.46 BANGKOK SET Index 1057.06 1053.13 +3.93 Turnover (nearest'000) 46,089 40,993 5,096 JAKARTA Composite Index NA 627.10 NA Turnover (nearest '000)
        87 words
      • Article
        BANGKOK
        665 25 ADVANCES IN the finance and banking sectors were trimmed by midsession profit-taking in Bangkok yesterday as investors held back from taking large positions in the face of continuing political uncertainty. The official SET Index gained 3.93 points to close at 1057.06. Advances led declines 80 to 61. Most active
        665 words
      • Article
        MANILA
        489 25 PHILIPPINE SHARES closed mixed in quiet trade yesterday that focused on a few blue chips, and brokers said the market would likely continue to move sideways next week. The Manila Stock Exchange composite index eased 3.85 points to close at 895.41. The combined volume at the two bourses rose
        489 words
      • Article
        TAIPEI
        332 25 THE TAIWAN stock exchange said there was no trading yesterday because of the approach of Typhoon Percy. Taipei .4 Jnt 27 NTS .1 1st Sec Fund All Sincere Indus 41.90 -3.1 i Asia Cement 79.00 -4 .1 Cathay Construe 73.00 -3.5 I Cathay Life Ins 743.00 -42 Chang Hwa
        332 words
      • Article
        SEOUL
        804 25 SEOUL STOCKS fell across the board yesterday as both institutional and indi- vidual investors abstained from buying stocks on a lack of positive news. The composite index closed at 732.64, down 7.37 points from Wednesday's finish. Turnover was a low 125 billion won compared with 107.7 billion the day
        804 words
      • Article
        Untitled
        339 25 la local currency la S$ la US$ day year day year day year Jut 27 lade* change change chaage chaage chaagi chaage World 428.7 0.7 -78 0.9 -11.7 0.9 -9.0 $EAFE 602 4 0.8 -11.6 1.5 -15.6 1.5 -13.1 Europe 454.2 -0.4 0.8 0.5 3.0 0.5 6.2 Pacific 1027.1 1.8
        339 words
      • Article
        NEW ZEALAND
        476 25 NEW ZEALAND share prices continued to fall yesterday as they have most of this week and brokers expect limited trade to continue through to the government's July 24 budget. While one or two large lines were dealt off market, onmarket trading was thin and buyers notable by their
        476 words
      • Article
        Untitled
        436 25 Jakarta Rapiah VoHXM) ABDA 6550 unch Aqua Golden Missisipi ***** 500 10 Aster Jawa 5000 unch Astra Graphia ***** unch 5 Astra Int'l Inc ***** unch 1765 Asuransi Bintang Ind 5500 unch Asuransi Dayin Mitra 6900 unch Asuransi Jiwa Panin ***** unch Asuransi Ramayana 6500 unch Bakrie Brothers ***** unch
        436 words
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  • WORLD STOCK MARKETS
    • US stocks recover after 3 days of losses
      • Article, Illustration
        NEW YORK
        1162 26 THE US STOCK market showed signs of being able to shake off the salvos of corporate earnings disappointments, managing to finish moderately higher on Wednesday despite American Telephone and Telegraph's projection of lower second quarter results. Futures-related buying fuelled a late afternoon run-up. A rise in bond prices
        1,162 words
      • Article, Illustration
        LONDON
        843 26 SHARE PRICES finished sharply lower on London's Stock Exchange on Wednesday, undermined by weakness in the stock index futures market. Dealers said shares slipped back when the premium on the June stock index futures contract shrank to stand near parity with the cash market. "As the premium in the
        843 words
      • Article
        Untitled
        86 26 June 27 Close Pwlw NEW YORK Dow Jones 2,862.13 2,842 33 +19.80 NYSE Financial 143.66 142.92 +0.74 SAP 500 355.14 352.06 3.08 Turnover (million) 146.62 141.42 +5.20 L0N00N Financial Times 30 1,902.6 01,926.6 -24.0 FTSE 100 2,373.5 2,399.8 -26.3 Turnover (million) 389.0 461.2 -72.2 AMSTERDAM CBS General 198.70 199 30
        86 words
      • Article
        BRUSSELS
        187 26 BELGIAN SHARES opened mixed in mainly light trading yesterday although steel stocks and travel and tourism stock Wagons-Lits gave some spice to the market. Wagons-Lits opened up 75 francs to 10,075 francs after Wednesday's 5.8 per cent price jump but then fell back to 9,970 francs. Traders said speculation
        187 words
      • Article
        AMSTERDAM
        339 26 DUTCH SHARE PRICES were mixed to higher in thin mid-morning trading yesterday in a market lacking impulses, dealers said. At 0930 GMT, the CBS all-share trend index was up 0.3 points at 121.4. Among blue chips, consumer prod- ucts group Unilever stood out with a gain of 1.20 guilders,
        339 words
      • Article
        FRANKFURT
        285 26 WEST GERMAN share prices fell sharply in late trading yesterday, giving up eariy gains and pushing the DAX index of 30 blue chips back below 1,900 points. Reversing Wednesday's pattern, share prices had opened firmer only to meet profit-taking late in the session. On Wednesday, a late rally had
        285 words
      • Article
        MILAN
        170 26 DEMAND FOR blue chips boosted Italian shares at the opening in active trading yesterday, with the telecommunications and cement sectors in the limelight, brokers said. The MIB index was up 0.7 per cent at 0900 GMT. Brokers said the price trend after the opening appeared pessimistic due to the
        170 words
      • Article
        JOHANNSEBURG
        321 26 GOLD SHARES were slightly firmer on a subdued Johannesburg stock market at noon yesterday, propped up by a slightly firmer bullion price and contin- ued weakness in the financial rand. Dealers said trading was sluggish in the absence of any fresh factors to stimulate activity and described interest as
        321 words
      • Article
        PARIS
        174 26 FRENCH BLUE chips recovered ground lost in early trade yesterday but operators remained on the sidelines and volume was slack ahead of the weekend, which traditionally sees the first wave of holiday departures, dealers said. The CAC-40 index touched a low of 2,029.26 before recovering to 2,045.33 by 1130
        174 words
      • Article
        ZURICH
        268 26 SWISS SHARES slipped from earlier highs on profit-taking in moderately active midsession trading yesterday. Dealers said investors were cautious about the short-term trend. The all-share Swiss Performance Index edged up 0.9 point to 1,191.6. The Swiss Market Index of leading shares added two points to 1,801.1. Among chemicals Roche
        268 words
      • Article
        Untitled
        228 26 Toronto J«e 27 C$ Abitibi 15% A lean Alum 26% Bulk Nova Scotia 14 Bank of Montreal 28 BCEInc 39% BP Canada Inc 18% ft Brascan Q A 20% unch Canadian Imp Bank. 27 Canpac 20% Cominco 25% Dom Tar 13% unch Falconbridfe Giant Yellow Knfc Gulf Oil Can Hudson
        228 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Sterling manages to recover from early sharp fall against US$
      1248 27 FOREX MARKET REPORTS STERLING yesterday recovered some of its early sharp drop against the US dollar during a fairly quiet morning session in London. Dealers earlier reported selling by Middle-East investors but others said later that a single large sell
      1,248 words
    • Article
      Lock icon BOJ monitoring rate rises
      268 27 Reuter INCREASING concern about inflationary pressures has rekindled debate within the Bank of Japan (BOJ) about the possibility of an increase in Japan's official discount rate, some BOJ sources say. The BOJ's official position is that it is still closely watching the effects of the last
      Reuter  -  268 words
    • Article
      FINANCIAL FUTURES
      1585 27 SIMEX EUROOOUAR Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.75 91.79 91.74 91.77 7729 ***** 4172 Dec 90 91.69 91.74 91.69 91.73 2517 6026 1719 Mar 91 91.64 91.69 91.64 91.08 1108 1852 652 Jun 91 91.44 91.51 91 44 91.50 31 659 12 Sep
      1,585 words
    • Article
      INTERBANK FOREX RATES
      389 27 Cross rates June 28 USS SS MS Dm Yen SFr AS NZS USS 1.8420 2.7100 1.6625 154.35 0.5739 1.4085 1.2706 1.7021 SS 0.5429 1.4712 0.9026 0.8379 0.3116 0.7647 0.6898 0.9241 MS 0.3690 67.97 0.6135 0.5696 0.2118 0.5197 0.4689 0.6281 Dm 0.6015 1.1080 1.6301 92.84 0.3452 0.8472 0.7643
      389 words
    • Article
      MONEY MARKET
      557 27 Interbank rates SS Bid Offer Overnight 6 15/16 7 1/16 1-month 7 3/16 7 5/16 2-month 7 1/4 7 3/8 3-month 7 1/4 7 3/8 mode. 7 USS Bid Offer 7 days 8 1/4 8 3/8 1 month 8 1/4 8 3/8 2 months 8 1/4 8 3/8
      557 words
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  • COMMODITIES
    • Article
      Lock icon Oil prices drop again on news of surplus stocks
      379 28 Reuter MORE bad news about a huge surplus in the West's oil stocks gave world petroleum prices another kick down on Wednesday, traders said. Oil prices, lower by onethird this year, had tried a rally in recent days. But this was
      Reuter  -  379 words
    • Article
      Lock icon Iraq warns Kuwait, UAE to cut output
      240 28 NYT PRESIDENT Saddam Hussein of Iraq has warned Kuwait and the United Arab Emirates that they must curb their excess oil production. In a clear challenge to Saudi Arabian leadership in setting oil policy, he has asserted that the two small nations are
      NYT  -  240 words
    • Article
      Lock icon Malaysian tin output rises 2.8pc
      112 28 Bernama MALAYSIA'S production of tin-in-concentrates for the first four months of this year rose 283 tonnes or 2.8 per cent to 10,442 tonnes from the previous corresponding period in 1989. The Malaysian Statistics Department said yesterday, when compared to the production in the previous month
      Bernama  -  112 words
    • Article
      Tin drops by seven sen despite firm close on LME
      854 28 REPORTS THE Kuala Lumpur Tin Market (KLTM) drifted further to close seven sen lower at M$ 16.33 per kg on buyers' reserve and poor fundamentals. At the opening of MSI 6.40 per kg, bids amounted to 59 tonnes against offers
      854 words
  • Article
    PRICES
    1362 28 Rubber June 28 WftStfifctBHw) S centi/kg Noon Close Int I RSS Prompt 155.OVI56.OON 155.50/156 50N Inl I RSS July 90 156.75/157.25 I57.25/I57.75N Int I RSS August 157.75/158.25 I58 2VI58 75N Int 2 RSS OP 153.75/155.75N 154.2VI56.25N Int 3 RSS OP 149.25/151.25N I49.7V151.75N Int 4 RSS OP 145.25/147.25N I45.75/I47.75N Int
    1,362 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      979 28 NOTICES MOSCOW NAROONY BANK LIMITED Smfgpoif Branch o <i m u U5530,000,000 NEGOTIABLE FLOATING RATE US DOLLAR CERTIFICATES OF DEPOSIT DUE DECEMBER 30, 1991 i In accordance with the provisions of the certificates, notice is hereby given that for the interest for the period from June 29, 1990 to December
      979 words
    • Advertisement
      Page 28 Advertisements Column 2
      15 28 Read Chartpoint, a guide lo investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      938 29 City Flight ETA Flight ETD Aba DhaM SR187 GA890 FA970 1955 2240 2255 |MJ| SQ225 2215 RJ182 1445 RJ183 2320 1415 KL836 2115 MM 1820 GA890 2240 KDMH SQ31 0A471 0825 2205 SQ24 2200 flarftlind TE25 SQ338 BA12 1800 1925 2200 BA11 TE28 SQ325 1455 1920
      938 words
    • Article, Illustration
      The sun doesn't set on this film festival
      665 29  -  LETTER FROM FINLAND By Nigel Stephenson THE SUN never sets on the world's most northerly film festival in the remote village of Sodankyla in Finnish Lapland. As the audience filed out of a screening of Louis Malle's "Milou in May" at 12.30
      665 words
    • Article
      WORLD TRADE EXHIBITIONS
      100 29 Duration Title Venue Organiser Tel Duration Title Venue Ohmmct Td Jun 25-29 3rd Asia-Pacific Hongkong Asia-Pacific *****77 July 12 Effective Marketing Hilton AIC 03-*****4? World Publishing Convention World (Singapore Strategies In The Hotel Conference Direct Exhibition Publishing Secretariat 90s For Banks A Jakarta Marketing Congress Centre Congress
      100 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4390 1.4590 Canadian dollar 1.5570 1.5770 NZ dollar 1.0680 1.0980 Sterling pound 3.1800 3.2100 US dollar 1.8360 1.8460 Local dollars to 100 units of foreign currency Austrian schilling 15.40 16.40
      152 words
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      55 29 .Aj&r k,;-* IHi busing person > ..hoac cvcrv I ucml.iv I 4 I lhiirMt.iv. sit uril.n jml Suml.iv. I cav in>; Bj I W\ hinp \irport .it ll.Z* hour* Jnil .irrivint; .it I iV x 1 M. S _JL Heathrow i.irlv the follow inj; murnins A I', i:k r il
      55 words
    • Advertisement
      Page 29 Advertisements Column 2
      374 29 NOTICES THE COMPANIES ACT. CHAPTER 50 Section 290(2)<b) NOTICE OF RESOLUTION ELDERS FUTURES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Elders Futures Pte Ltd held at 10 Cottyer Quay #18-01, Ocean Building, Singapore 0104 on the 26th day of June 1990 the following special resolutions
      374 words
    • Advertisement
      Page 29 Advertisements Column 3
      478 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER Of McMULLAN AND COMPANY PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act, Chapter SO, that the Final General Meeting at the abovenamed Company will be held at
      478 words
    • Advertisement
      Page 29 Advertisements Column 4
      287 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF AUTOMOTIVE SERVICE INDUSTRY (S) PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN that at an Extra-ordinary General Meeting of Members of AUTOMOTIVE SERVICE INDUSTRY <S) PTE. LTD.. duly convened and held
      287 words
    • Advertisement
      Page 29 Advertisements Column 5
      298 29 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF INTRA-SMIT (S) PRIVATE LIMITED Jin Members' Voluntary Liquidation) li NOTICE OF RESOLUTIONS Wl NOTICE ISHEREBYGIVEN that at an Extra-ordinary General Meeting of Members of INTRA-SMIT (S) PRIVATE LIMITED, duly convened and held at 83 Owen Road,
      298 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      298 29 5 Recommendation of WM H L^J— —taJ—L^J American lawyer backed 9 JHH by deputy (6) Lm U 8 The French assume it to blame, it's learned (8) ||H 9 A virtuous man, ready for il a change, transgressed (7) ,2 I 10 Sum up foreign aristocracy JHft PBI LhJ 11
      298 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      210 29 Singapore Outlook: Showers over several areas in the morning. Report Max temp. 33. IT Assoc humidity 60% Min temp 25.9* C Assoc humidity 91% Hrs of sunshine 9.50 Rainfall in mm Nil Rainfall this mth 116.3 Rainy days this mth 7 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/07 Rain Bangkok
      210 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      22 29 (e>or you don't > \look ft IGO for rnoNiusJ u)6jt»t e oe,e p €RG riU sss%s.J C EVEK-Q rTAMOARO CO. LTD., IMMttt J
      22 words
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  • Article
    Lock icon Slowdown predicted for S'pore and other rising Asian economies
    399 30 OECD Economic Outlook Report AFP CONTINUED cost pressures on Singapore's economy up to end-1991 "seem likely to lead to a further slowing of export growth, a dampening in investment and a slowdown in GDP growth", says the Organisation for Economic Cooperation
    AFP  -  399 words
  • Article
    Lock icon Vigilance against inflation still needed in industrialised world
    258 30 Reuter TIGHT monetary conditions have cut growth in the industrialised world to a sustainable level in 1990, but inflation remains a threat and there should be no relaxation in economic policy. In its latest semi-annual survey, the Organisation for Economic Cooperation and
    Reuter  -  258 words
  • Article
    Lock icon Tokyo could do more
    163 30 Reuter JAPAN should do more to open its home market to imports and resolve friction with trading partners over its vast trade surplus, says the Organisation for Economic Cooperation and Development. "Further liberalisation of the domestic market... and policies to stimulate competition are needed both for
    Reuter  -  163 words
  • Article
    Lock icon Nato may make non-aggression declaration
    303 30 Reuter US PRESIDENT George Bush has hinted that Nato leaders at next week's summit will draw up proposals for a non-aggression declaration with the Warsaw Pact. In an interview at the White House with European newspaper correspondents, Mr Bush said he believed the declaration would
    Reuter  -  303 words
  • Article, Illustration
    Lock icon Propping up a dictator
    44 30 Two assistants helping frail-looking North Korean leader Kim 11-Sung down the stairs on his 78th birthday on April 15 last year. The photo was taken by a Czechoslovakian magazine and published by a Seoul newspaper yesterday. AFP picture AFP picture
    AFP picture  -  44 words
  • Article
    Lock icon Kaifu voices opposition to cuts in defence spending
    226 30 Reuter DECREASED Soviet-US tensions do not provide grounds for Japan to slash its defence spending, Japanese Prime Minister Toshiki Kaifu said yesterday. "Japan's defence forces were not made to participate in the confrontation of the East and West blocs," Mr Kaifu told
    Reuter  -  226 words
  • Article
    Lock icon US to pull out squadron from Philippines
    133 30 Reuter THE US yesterday said it will withdraw a tactical fighter squadron from Clark Air Base in the Philippines in line with budget cuts and worldwide adjustments in American forces. A US Air Force spokeswoman for the base said the squadron would be
    Reuter  -  133 words
  • Article
    Lock icon No progress likely on US deficit and inflation problems
    285 30 Reuter THE US will fail to make much progress cutting inflation or its huge trade deficit in the next 18 months but can expect modest economic growth, the Organisation for Economic Cooperation and Development (OECD) said yesterday. "Healthy export and investment
    Reuter  -  285 words
  • Article, Illustration
    Langdon, Every & Seah goes global via mergers
    370 30  - Langdon, Every Seah goes global via mergers By Lilian Ang LANGDON, Every Seah, the oldest quantity surveying firm in Singapore, is going global by merging its operations with those of its associated companies in the United Kingdom, Middle East and Australia. The move, to be marked by a change in
    370 words
  • Article
    Lock icon New Taipei firm to make engine and aircraft parts
    296 30 AFP TAIWAN is setting up its first privately-run aircraft manufacturing company as a step towards developing an aviation industry. The director of the Taiwanese Industrial Development Bureau, Yang Shih-chien, yesterday said an office to be set up today would raise 60
    AFP  -  296 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      69 30 [/</{:-_}&+-/\(-*"+"-%>?~,$};<- 5-storey, 999-yr, Commercial Building in a Rapidly Developing Commerical District. Near MRT Station. Total Lettable Area 16,400 sf. Freehold Conservation Shophouses within prime financial Zone. Land area 3.500 sf above. Freehold Land in prime exclusive District 10 Residential Area. Potential for up to 4-storey Development. For more Information on
      69 words
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      Page 30 Advertisements Column 2
      149 30 \!+>+~-~=}[.\[|{,`}]+,],?!-:/*@ A H 41 Kfc» j&^Ktßk ?re j%^. g Dauphin Sitzkultur Your rackrone is where you feel YOUR COMPANY'S ATTITUDES. Dauphin, one of West Germany's leading office chair manufacturers, has intensively studied the special requirements and activities in widely varied fields of work. The result: Syncrolino a programme featuring chairs
      149 words
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  • Shipping Times
    • Article, Illustration
      Sembawang finishes $40m conversion job on VLCC
      204 31 MAJOR local shipyard Sembawang Shipyard has completed the $40 million conversion of a very large carrier (VLCC) into a floating production, storage and off-loading (FPSO) facility. The contract was commissioned by project owners ACT Operators Group (ACT-OG), which comprise Agip (Overseas), Chevron Overseas
      204 words
    • Article
      Lock icon Protest over higher Australian port charges
      168 31 Reuter THE BALTIC and International Maritime Council, Bimco, has protested to Australian Shipping Minister Bob Collins over plans by some Australian ports to increase their charges next month. Gcelong will raise its tonnage charge by 23 per cent and moorage charge by 670 per
      Reuter  -  168 words
    • Article, Illustration
      CIAS diversifying into related businesses
      439 31  -  By Dexter Lee FACED with limited growth in the ground handling business, Changi International Airport Services (CIAS) is moving into related businesses in a big way tapping the expertise it has developed over the years, a senior CIAS official said yesterday. In his speech at
      439 words
    • Article
      Cosco buys 10 per cent stake in box factory
      191 31 THE CHINA Ocean Shipping Co (Cosco) has acquired a 10 per cent stake in a US$5O million containermanufacturing facility in Thailand, according to a i South China Morning Post report on Wednesday. The joiqt-venture company, Marine Container Co, located at a
      191 words
    • Article
      Lock icon China still considering response to HK airport plan
      283 31 Reuter j CHINA is still considering its response to Hongkong's ambitious plan for a new multibillion dollar airport, Beijing's top representative in the British colony said on Monday. "We have received some information from the Hongkong government only very recently and of
      Reuter  -  283 words
    • Article
      Lock icon Possible Asian phone giant
      135 31 Reuter A PLANNED liberalisation of Australia's telecommunications industry later this year could create an Asian powerhouse with enough capital to compete against the telephone giants of the world. Australia, home to three large state-owned communications companies that operate as virtual monopolies, may merge the three and
      Reuter  -  135 words
    • Article
      PIL launching new box services next month
      384 31 PACIFIC International Lines (PIL), the largest privately owned shipping company in Singapore, will launch two new container services to the Indian subcontinent and the Middle East next month. The first will be a 14-day full container service from Singapore to Bangladesh, while the
      384 words
    • Article
      Taiwan and China plan HK-based shipping venture
      252 31 TAIWAN and China are planning to set up a jointly controlled Hongkong-based shipping company to manage cargo moving across the Taiwan Strait. The proposal, according to a South China Morning Past report on Wednesday, was brought up during discussions late last month between
      252 words
    • NEWS SUMMARY
      • Article
        The appeal of conversions
        60 31 THE CURRENT shipping climate and rising newbuilding prices (along with tight berth space) promise continued healthy business for repair yards with the resources to undertake conversions. A high level of activity in this sector reflects owner appreciation of the much lower cost and swifter entry into
        60 words
      • Article
        Rise in insurance rates likely
        48 31 A SPATE of disasters in recent years and rapidly increasing costs associated with pollution will lead to a contraction in the world's reinsurance capacity and a consequent rise in direct insurance rates, officials of the Lloyd's of London insurance market said Back Page
        48 words
      • Article
        EC opposes airline pact
        33 31 THE EUROPEAN Commission on Wednesday formally objected to a cooperation pact between Belgian airline Sabena, British Airways and KLM Royal Dutch Airlines, saying it could restrict competition Back Page
        33 words
      • Article
        AT&T expects lower earnings
        40 31 AMERICAN Telephone Telegraph Co has announced that its second-quarter earnings were likely to be lower than last year's, and that the company might have difficulty meeting its own targets for earnings growth this year. Back Page
        40 words
    • LOG BOOK
      • Article
        Dutch grain handler agrees to labour deal
        85 32 ROTTERDAM GRAIN HANDLER Graan Elevator Mij (GEM) has reached a new two-year labour agreement with its workforce, ending the threat of further industrial action, company and union officials said. Last week, workers at the firm's Europoort terminal staged a short unofficial strike in
        85 words
      • Article
        Mitsui wins incinerator order
        78 32 MITSUI ENGINEERING AND SHIPBUILDING Co Ltd has won an order worth about two billion yen jointly with South Korea's Ssangyong Construction Co Ltd for a trash incinerator from the South Korean government, a Mitsui Engineering spokesman said. The incinerator, to be built in Songnam City near
        78 words
      • Article
        Iberia, Alitalia talks continue
        75 32 IBERIA LINEAS AEREAS DE ESPANA SA said talks with Alitalia Linee Aeree Italiane Spa on acquiring a joint stake in state-owned airline Aerolineas Argentinas SA have not yet been concluded. Iberia noted that it has a written agreement with Argentine domestic carrier Austral to take part
        75 words
      • Article
        Hungary, Poland join ECAC
        61 32 HUNGARY AND POLAND have been admitted as members of the European Civil Aviation Authority (ECAC), the ECAC said in a statement. They become the Authority's first members from central and eastern Europe. The Authority said their meeting in Paris this week also involved making arrangements for
        61 words
      • Article
        UK's air safety budget
        109 32 BRITAIN'S CIVIL AVIATION AUTHORITY said on Wednesday that it will spend more than US$l billion to improve air safety, including equipment to detect possible mid-air collisions 20 minutes before they happen. Present systems can give only a five-minute warning, said the state-run Civil Aviation Authority in
        109 words
      • Article
        Northwest lowers leisure fares
        64 32 NWA INC SAID ITS Northwest Airlines lowered leisure fares for travel between the south-west and the north-east. The carrier said it cut as much as US$l47 off roundtrip fares for flights from cities in California and Arizona to more than 30 destinations in 10 north-eastern states
        64 words
    • Article, Illustration
      The appeal of conversions
      1428 32  -  Conversions, undertaken to enable an existing trade to be served more efficiently or new trades to be targetted, have motivated a number of projects completed or commissioned in recent months, Doug Woodyard reports in the Seatrade Shiprepair Study 1990. Doug Woodyard THE current shipping climate and
      1,428 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      507 32 C*bon Carbon June 25 DmityNater Rendu* Aih /Uunwium Se<fcrwn1 DewityWaler Bwj*» Art Hmirim Mbwt %*m y*<» Euofl KG/M*3% V/V M/M M M PPM method KC/M'3% V/V M/M M/M PPM "wfto* M/Cfc S S "l!o I" a E" 1 1 jgjj Is! J™ S« —-as as* s!
      507 words
    • Article
      THE SHIPPING GUIDE
      12680 40 This is a list of ships loading at Singapore for ports around J the world. It tabulates, by i destination, the name of the ship, the shipping line in- j volved and the estimated dates of arrival and departure from the Port of Singapore. f Advanced dates
      12,680 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        595 47 feMi Ooy W» B<rth Arrival Pgrtw Keppel Wharves Kota Mu tiara E855 R31 alongside 0107/0600 Kota War® E457 K32 alongside 0107/0600 Kuala Sok 2 KS/90* K17 alongside 28.06/2200 Ned Rouen 90 12 C09 alongside 2906/0600 New Utopia 09/90 (P) K29 alongside 0107/2200 Nusrat 01 K3S alongside 01.07/0600
        595 words
      • Article
        CONTAINER SCHEDULE
        1423 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Trareianer Schedules Sty Voy No Vr Date Time From To Bookint Gate Op G<*i Ace Concord 06/972 30.06 90 1000 29/1300 29/1359 Portnet 2 Q2 00 F04 29/1900 29/1929 Portnet 2 29/2330 29/2359 NA 2 29/1400 29/1459 Portnet 2 N2
        1,423 words
      • Article
        IN MALAYSIAN PORTS
        326 47 Port King South Port on km 21 Courage Venture L berth 2; Stolt Boel berth 2, Atom Aman berth 3; Soon Hoe berth 3; New Man Hing berth 7; Trans Bulk berth 7A; Bandung berth letty She! KCT: Sea Leopard berth 8; Perkasa berth 8; Hikawa berth
        326 words
    • Article
      DAILY FREIGHTS
      929 47 CHARTERING on the freight market remained scarce on Wednesday but details emerged of easier rates paid on the key US Gulf to Japan grain route. Two 52,000 long ton cargoes were covered at U5517.50, against last business at US$lB. Rumours also circulated that below US$9 was agreed for
      929 words
    • Article, Illustration
      Lock icon Lloyd's sees rise in insurance rates after spate of disasters
      517 48 Reuter A SPATE of disasters in recent years and rapidly increasing costs associated with pollution will lead to a contraction in the world's reinsurance capacity and a consequent rise in direct insurance rates, officials of the Lloyd's of London insurance
      Reuter  -  517 words
    • Article
      Lock icon EC formally objects to Sabena-BA -KLM pact
      342 48 Reuter THE EUROPEAN Commission on Wednesday formally objected to a cooperation pact between Belgian airline Sabena, British Airways and KLM Royal Dutch Airlines, saying it could restrict competition. Competition Commissioner Sir Leon Brittan said the Commission, the European Community's executive, protested to the
      Reuter  -  342 words
    • Article
      Lock icon AT&T expects lower earnings
      233 48 NYT AMERICAN Telephone Telegraph Co has announced that its second-quarter earnings were likely to be lower than last year's, and that the company might have difficulty meeting its own targets for earnings growth this year. AT&T stock, which is more widely held than that of any
      NYT  -  233 words
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      5 31 The appeal of conversions, Fg2
      5 words
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      Page 31 Advertisements Column 2
      291 31 SSVYFE HENG METAL CO PTE LTD 13, TUAS AVE 14 SINGAPOfIC 2263 TELEX RS ***** SMMCPL TEL: 861 5855|Slmw| TELEFAX:MI 2®** y/( Frfi«n9*ol UHIACtHM* it'XyfT jUK tarMlWKan 1 l.t.fJJ /sirrUto in lonn#-S0 lonna* T<*quo siMuroar MALAV.UA Convakv iuailano. inoummia Omml I LPG rim ECMSra ■jfflP' HmnOft* mtv) SLitto iITSSZT fl§
      291 words
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      196 32 .T. gl ■^1 FOR REGULAR OCEAN GOING TOWING! I ALSO INTERESTED IN TIME CHARTER WE OFFER: DUTCH EXPERIENCE IN OCEAN TOWING ONE OF THEIR VESSELS FOR ASIAN WATERS "PACIFIC TIDE N0.3" (EX OCEAN TIGER) 132 T BOLLARD PULL 10.000 BHP CREW WITH EXPERIENCE UNDER DUTCH SUPERVISION WE WILL BEAT ANY
      196 words
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      1894 33 111 %«1 |V# 200 Cantonment Ro*d #t2-0S Southpotnt. Sinfipore 0208 All If/ Tel *****11 TELEX irflTTlll TERMINAL/CFS Tel *****18 220 BOOKINGS Tel *****34 235 A VCCCf J PESAKA JARDINE SNIPPING AGENCIES SON BHD. PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 D.JI
      1,894 words
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      Page 33 Advertisements Column 2
      1254 33 IMDEX 10ADVEK11SERS A 4 Macolinc 18 2/3 ABC Containerline 13 5 Madju Sdn Bhd 16 1/2 Accord Shpg 8 1-3 eMaerskLine 3 4/5 Albalros Sea-Air 14 5 Mainfrcight 15 4 Alfred CToepfer 15 5 Ahrenkiel Liner 16 5 »MISC 14 1-3 APC Line 14 3 M'sia Shpg Corp 9 1/2
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      Page 33 Advertisements Column 3
      2247 33 Vmml Voy ETA I ETD 'Port *P«n*nB 1 DESTINATIONS Singapore K«i»ng TIM* «Mt MvcMn M CloMng Tmm FmHw by CY V 7 0400 MPS rareo 4 CFS 2/7 1000 MRS M Tauro OAK IQB t*HJ MEM A TV. MIA CHS BAL PHL WYC MOW TQH MARCHEN M 9006 3/7 4/7
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      1122 34 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LONOON EXPRESS 12/578 1/7 18/7 20/7 23/7 HONGKONG EXPRESS 95/577 8/7 1/8 26/7 28/7 25/7 31/7 LIVERPOOL BAY 99/581 8/7 25/7 27/7 30/7 KASUGA 10/580 12/7 6/8 31/7 2/8 30/7 5/8 TOLAGA BAY 10/584 15/7 1/8 3/8
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      Page 34 Advertisements Column 2
      538 34 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT CAPE MALEAS 30/6 18/7 25/7 Also accepting cargo to Lautoka via Suva DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 30/6 10/8 11/8 15/8 Also accepting Cargo to Callao (Peru) via Valpa AfMltts: SINGAPORE: *****56 BOOKINGS: *****00 JOHORE: 07 *****2 PENANG: 04-*****7
      538 words
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      1532 34 mamsfj REGULAR mDC PENDENT FULL COHTAWER SERVICE WESTBOUND FOR EUROPE WSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LNA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL-MUNTAZAH 9017-3 01/07 05/87 22/07 24 07 27/07 »/07 30/07 31/07 01 AX 02/ M NORASIA SAMANTHA 9018-3 06/07 10/07 27/07 ?S/07
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      1492 35 zsfigSteamers Maritime Holdings Ltd M STRAITS SHIPPING Mr ®U Stagapart ta few* last Malays*, Containers Voy No P.Klaag S port S tan H'tairj R'haveiiß'to* Lot) ACCEPTS DUE SAILS LONOON UP U/SI Vlli-2V» W W W«> CARGO HONGKONG EXP *077 +I*4*l <*V U* 2W 27» ZW 31/07 MlDrll v Mir, Da,l,
      1,492 words
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      Page 35 Advertisements Column 2
      1621 35 TO: EUROPE TO: FAR EAST SP LH RDM HAM B'HVN FLX SPORE HK KAO KM «U HANJIN ROTTERDAM 009* *V 6 11/7 I*7 20P 22/7 W HAN J t NFELI XSTO" «2E 2/7 S/7 tf? tf? 12/7 CHOYANC CHANCE OttW 7/7 25/7 21/7 27/7 21/7 30/7 CHOYANC PARK 000E *7
      1,621 words
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      Page 35 Advertisements Column 3
      25 35 REGULAR SERVICE TO KARACHI S PORE LOADING FOR TBN 11/7 KARACHI a—mm mi mt.y. hmmkktaton go fit) lid. T«t limn Tic M 21X1 fmc aw
      25 words
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      Page 35 Advertisements Column 4
      321 35 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION YOUNG PIONEER TRADER SOLDIER VOY NO t 10 7 Sport 3/7 14/7 14/7 P. Kelang 5/7 Ptnang Hong Kong Yokohama 26/7 Nagoya 23/7 Osaka Sonboku KasMma Ntdiiwinli •For Diicharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT
      321 words
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      651 36 CR NBR **********0-0 EXPIESS SEW-COMTAINERSHIP SERVICE i VSt/VOY S'PO« R DAM/ H'BURG BREMEN ANTWERP C ADAM U. ■ONTANGfIIWB 2«t-4/7 50 13/1 9fl 16/8 miwijayajvswa imw m w tin »n KUTAi/viSfß nnht ty* n/» s/» FAST TRANSIT TIME H ACCEPTING BREAKBULK/CONTAINERISED CARGO C 9ub*ct to Muomnl Afco accapttig c«go to CawtoUnc*,
      651 words
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      Page 36 Advertisements Column 2
      777 36 HANJIN SHIPPING FULL CONTAINER SERVICE I S port I LiHa.rt R dam H'hur. B'him. Fttow* FUD< VSL SIN LINE HAUL LAX OAK HANJIN ROTTERDAM 009W 177 lg/7 19/7 2W H/7 TW HANJIN FELIXSTOWE 002E 1/7 H CHEJU 062E 27/7 29/7 CHOYANC ICHANCE MIW 7 7 25/7 xLI nil IV7 CHOYANC
      777 words
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      Page 36 Advertisements Column 3
      1398 36 —I T r-l -1 d IMI SCf HKC KSG KLC PUS HKT OS* OB TTO BAL LKV ARW RMI OX HBC SCP I EVER GRACE 3/7 5/7 12/7 10/7 14/7 JJ£ J2 M JS ITJ I EVER GLEAMY 7/7 12/7 U7 jfrWliPlfJfJfSg SB tviß growth vtfi nn ap w vp
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      1704 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********06) I BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE-*****16 1 s AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE-*****48 M TERMINAL: *****22 DOCUMENTATION:27B7B44/*****14 CFS: M 2 IMPORT: *****69/*****50 CFS:M2 EXP0RT:*****53/*****04 NEPLINE SDN BHD MALAYSIA K.L-*****33. P. Kelanfl-*****87, Penang-*****0. J. Bahru-*****3, *****4 PT INT) TRIDENT NUSANTRA
      1,704 words
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      Page 37 Advertisements Column 2
      1063 37 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 |«WII VOTAg |SPORt [MANILA HUONG VOYACt SWtt FKIAWC HRURC OHAVtM TIItURY ROTT ANTWERP H. THUWWOV
      1,063 words
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      1533 38 q mm Wl w TT W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD |CR No **********0 M) VU 3\H ftj TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 j#£ 3 j 9 I IIJ MALAYSIA HARPER WIRA SDN BHD WKLm M 4 JL TEL PJ *****22 PK *****015 PENANG *****5 JB *****1 KAWASAKI
      1,533 words
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      Page 38 Advertisements Column 2
      1159 38 <H9 Y PHILI-ORIENT LINES PTE LTD m (The Complete NVOCC Package) 4 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, REGINA, SASKATOON, 8 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS,
      1,159 words
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      1639 39 PACIFIC INTERNATIONAL LINES (PTE) LTD y*'*" 1 B mHi RL Building. 140 Cecil Street #0300, Singapore 0106. T IBANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIM eoen sois jo/s 2/7 4/7 kota jade osn jo/s J/7 in DELTA MAS ISIS 1/7 J/7 S/7 PEGASUS PROGRESS 62JN
      1,639 words
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      Page 39 Advertisements Column 2
      1107 39 r BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint mjfA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOV SPORE PKLANG SHAMPTON HAMBURG BHAVEN ROAM LHAVRE London Express 12/578 1/7 Via Ub 18/7 21/7 23/7 Hong Kong Express 95/577 6/7 ™7
      1,107 words
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      Page 39 Advertisements Column 3
      282 39 M MYANMA yß* FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Ktlang Ptn Bko* HAKHA V4OIW 3# JUNfI JUL PATHEIN VIBJ »/I JUt PAGAN Vl5« V* JUL PtNYA VUOW 7/7 JUt HPA-AN VIS2W U/1S JUL •a< THE BANKUNI WfeP- (A Mrvtc* of Androw Wolf Shipping) \W SEMI-CONTAINER
      282 words
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      709 42 r»ge is 'JglgpLihy^N INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT NBC RST I. THAEIMANN 4/10 4/7 21/7 21/7 30/7 31/7 ATLANTIC SEN WFB2S 10/7 2/1 3/t 4/1 »/l WPI ECU MO B(7 IJI IW 13/ i M/ 8
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      Page 42 Advertisements Column 2
      1528 42 roc cotmmioNAi mkbvicm Vaual P KLG PNC PC. Loadini lor A VESSEL 20(4 Rotterdam/Antwrp china nm cowTAPnoi onvia Vttstl PKL PNC SPORE BKK HKG SMA QIN LTC SHANG CHENC 12* 21/5 23/5 27/5 4/t «/t YANG FANG KOU 12* 31/5 2*5 4/t 12/1 1M 28/1 Accepting FCL Cargo lor all
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      Page 42 Advertisements Column 3
      247 42 S'NH PHI HUC INC BSD BUSAN CLOUT VOtt 2 Jul J Jul 7 Jul U Jul 14 Jul SINGAPORE GLORY W» l Jul 17 Jul If Jul MALAYSIA GLORY V 0» 11 Jul Jul 10 Jul Jul 22 Jul NAI YINC voo; 14 Jul IS Jul Jul 21 Jul OCEAN
      247 words
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      Page 42 Advertisements Column 4
      583 42 POSEIDON CONTAINER TRANSPORT GMBH HAMBURG V SOTRA EXCLUSIVE RCXJTES TRANSCAUCASIA A TRANSSIBERIA SERVICES ACCEPT TO A FROM INLAND DESTINATIONS 1 CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SINGAPORE 5/7 7/7 18/7 24/7 29/7 IRAN Djulfa Astara AFGHANISTAN ETD SPORE WEEKLY VIA VOSTOCHNY EASTERN/CENTRAL FAR EAST EUROPEAN PORTS SINGAPORE OTHER PORTS
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      Page 42 Advertisements Column 5
      593 42 Ngow Hock Agency Co BKK *****80^ smi bhuim «a« s«t am Tm y PIYA BHUM-t- BIN Sun 1/7 4/7 MAHA BHUM# ltN Wd 4/7 Set 7/7 MEKHANIK KUWAKO UN Wed 4/7 7/7 Sim BHUM# 454N Fri if! Mm if? HYA BHUM ffill fa 1/7 We« 11/7 HAHA BHUM# 17N WH
      593 words
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      330 43 Shipping Times, rnaay Jane zs iwt CALCUTTA DIRECT SIN CAL SUSAK 97 CNB 6/7 13/7 TIGER RIVER 98 CNB 14/7 21/7 SUSAK 99 CNB 22/7 29/7 TIGER RIVER 100 CNB 20/7 6/8 (Conventional Service) S PORE LOADING FOR BANGLAR KALLOL 150 CT6, MONGLA i' ETA S PORE LOADING FOR MV
      330 words
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      Page 43 Advertisements Column 2
      481 43 SfBR?LD MMINE AGENCIES |S) PTE LTO I SJ TEL: *****33 (12 Llnaa) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Llnaa) |fisF\ ETHIOPIAN SHIPPING LINES J (National Linw of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL TvOY ETA LOAOtNO FOR SPORE ARYOT 21*5 IN PT DARESSALAAM MOMBASA DJIBOUTI assab massawa hoocioah ABBAY
      481 words
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      Page 43 Advertisements Column 3
      776 43 j~ MASKAPAI PELAYARANI Pa puLAU LAUT I FULLY CONTAINERISED REGIONALFEEMR SERVICE I TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INOONESIA, I MALAYSIA A THAILAND I ALSO ACCEPTING LCL CARGO TO JKT. PKG PNG t AND, BKK FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL: *****55 I
      776 words
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      1230 43 CRYSTAL FREIGHT <CF5> SERVICES PTE LTD v z TEL: *****U/*****22 mm wrmumt— gmnct to-. FAR EAST PORT KELANG 677 13/7 MANILA 1/7 A S/7 PENANG 677 11/7 BUSAN 6/7 13/7 BANGKOK 4/7 8/7 TOKYO 5/7 12/7 HONG KONG 4/7 8/7 YOKOHAMA 5/7 12/7 KAOHSIUNG 1/7 8/7 KOBE 5/7 A 12/7
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      Page 43 Advertisements Column 5
      135 43 TO AUSTRALIA/NEW ZEALAND VS. 1 ipiin FraaanH* Mrw Sft»m J n i muow m aH w w w w w ■tussci 252 Hp 5 i» C VtMMJK 5 ~H Si 55 55 MTKitfCN aT aj ii 5* t/5 1* DATS TO •TDNITJ TO USA/CANADA Smpfvi H. Ort««M Cftartala* ftelrtilpfcn Natriai
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      1157 44 PHP M MAC-NELS SIN6APOBEtflipowT TEL 220M22 1 iwpbkt TEL TEL: (04) *****6 TEL: (088) *****0 TAWAU TEL: (089} *****^ KELANG TEL: (03) *****77 L UC HING 1 TEL: (082) *****3 SKAN TEL: (089) *****2 -l\ J BAHRU TEL: (07) *****2 ISIBU TEL: (084) *****2 LABUAN TEL: (087) *****9) v—»W JAKARTA
      1,157 words
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      Page 44 Advertisements Column 2
      401 44 r ffgfc blue star line s,ngapore t NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON. BLUFF, CHRISTCHURCH. DUNEDIN. LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIV AUCK IYT PROSPECT 07S n Jun 14 Jul Via NPI
      401 words
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      Page 44 Advertisements Column 3
      1184 44 Snipping inncg, Friday Jmw a iiw SOON LINES PTE. Ltd. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****2? Fax No: *****73 I CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES! SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH ima |wt leti Iht ma I w I m Imt KIM
      1,184 words
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      678 45 snipping limes, rnaay <ane c* iw» COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* ft OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. K«lang Singapore KAMALEVERETT 14/15 Jul 16/17 Jul THOMASEVERETT 26/27 Jul SHAPLAEVERETT 11/12 Aug WSV"EVERETT
      678 words
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      Page 45 Advertisements Column 2
      615 45 West Coast, Carrihbean.Eatt Canada. HAITI. Guatemala ana nonoum VSL IS'PORE jMAINLINER IIAX |KST jSAV |NYC jHTX ZIM KAOHSIUNC ip I'M SAVANNAH ID/7 M U* 13* USJ A VESSEL 7/7 ZIM SAVANNAH 30/7 WWW W LEEWARD lib ZW TOKYO fit 24/1 17* ZW PW ZIM TRIESTE I*7 ZIM TOKYO lilt M|t
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      Page 45 Advertisements Column 3
      641 45 SMG KWANG HANG] lIWM TIUN»ONTATIOM (TTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 3/7 6/7 JENWEL I 6/7 I 9/7 "VESSEL SPORE BANGKOK A VESSEL 1/7 A VESSEL 377 6/7 DESTINATIONS ETA SINGAPORE PORT KELANG 7 MANILA JULY HONG KONG. ALL CHINA PORTS 7 JULY KEELUNG, KAOHSIUNG
      641 words
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      Page 45 Advertisements Column 4
      488 45 ns PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SPORE JKT S'BAYA PELOPOR 948 30/6 3/7 TANTO SEJATI 01 11/7 14ft PELOPOR 949 7/7 10/7 TANTO SEJATI 03 18/7 21/7 TANTO UTAMA 85 30/6 3/7 TANTO UTAMA 87 7/7 10/7 TANTO UTAMA 89
      488 words
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      Page 45 Advertisements Column 5
      423 45 SIN FM EAST 1/7 KEELUNG/KAOHSIUNG 30/6 BANGKOK 30/6 MANILA/CEBU 30/6 JAKARTA/BELAWAN/SURABAYA 29/6 PORT KELANG/PENANG/E. Malaysia 29/6 BUSAN 30/6 TOKYO/YOKO/KOBE/NGO/OSA 2/7 HONG KONG also accepting cargo to Huanapu/Shenzhen/Fuzhou/ Xiamefl/Xingang/Shanghai SIN EMUPiJI 7/7 LDN/FLX/LVP/SOU 7/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgana/Czech. SIM MSA/CANADA 2/7 LOS ANGELES/NEW YORK all IPI
      423 words
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      437 46 r PLATOU PACIFIC X K SHIPPING SERVICES AEQUCAR FAR CAST N. AMERICA BREAKBULK V SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE FAX: *****59 HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 27/07 JAKARTA M/ 07 SURABAYA 01/08 LOS ANGELES 22/07 03/09 OAKLAND 27/07 09/09 VANCOUVER B.C. 30/07 13/09 General Agents:
      437 words
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      Page 46 Advertisements Column 2
      368 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B.M.T V.IICW9O 5/7/90 26/7/90 27/7/90 2/8/90 I.Y V.ll-90W 7/7/90 1/8/90 23/7/90 27/7/90 K.V.U V.12CW90 18/7/90 8/8/90 9/8/90 14/8/90 Y.M V.12-90W 24/7/90 17/8/90 8/8/90 12/8/90 A.N V.13-90W 29/7/90 23/8/90 14/8/90 18/8/90 MB V.13CW90 31/7/90 21/8/90 22/8/90 27/8/90 B.A
      368 words
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      Page 46 Advertisements Column 3
      322 46 /*MADKRIS BUSINESS iPim CORPORATION PHIUPPINE DIRECT REGULAR SERVICES TO MANILA BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME. M.V. 'DAGOHOY' 07/90 IST 3RD JULY MNL/BISLIG M.V.'DAGOHOY' 08/90 IS JULY MNL/BISLIG TBN 26TH JULY ILIGAN/BISLIG GENERAL ACT: CALSOURCE SHIPPING 6 TRADING PTE LTD. O ROBINSON RO.
      322 words
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      Page 46 Advertisements Column 4
      666 46 Cp 4) PENANG KL: allied-LINK SINGAPORE: m 04-*****2 09-*****59 778 6522(22 lines) tSnFA Martnt Ong Swan Nf/CtirMlM CMm AMc* Vm/Mmt Ym FROM SOUTH EAST ASIA/FAR EAST TO USWC/USG/USEC MV NORTWEEN SLEVIK MV NORTWEEN NOVA ETA BKK 28/6 ETA SINGAPORE 40 FROM EUROPE/MED FROM ARGENTINA MV PANAGHIS VER6OTTIS MV CAP VILLANO
      666 words
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      570 47 TIDES AND WEATHER TODAY'S TIDES (twjfrt in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 ******************** 1400 ***************01*0 2000 2100 2210 2300 jr 16 21 26 28 2.7 2.5 2.0 1.5 1.1 08 0.6 0.7 09 1.3 1.8 2.1 2.3 22 2.0 1.7 U 1.1 1.0 1.1
      570 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      336 48 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL "fSSBr SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN fT. KLANG 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
      336 words
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      Page 48 Advertisements Column 2
      498 48 JkHYUNDAIj MERCHANT MAWNE CO. LIP. TO PSW SIN HKC LBH OAK S£A CHI FROM PSW LBH OAK SEA HKC SIM HYUNDAI PIONEER 33E 07/07 12/07 30/07 02/01 06/0* 04/01 HYUNDAI INNOVATOR 32W 28/05 31/05 03/06 21/04 21/06 lALANOIA 33E 14/07 19/07 06/08 09/08 12/01 11AN HYUNDAI EXPLORER 31W 04/06 07/06
      498 words
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      Page 48 Advertisements Column 3
      136 48 mmm bintang mas shipping pte. Ltd. Tel: IMIIWSHn Tli: RS 42» SI NIK R Fu: JR-ftH ■CJ o*pot Tat «m«n S pore Aeants: STRAITS SHIPPING P«. LTD. Ta farm Til RS ***** F*»: 275-Sll7 PC Agents KRIS PAHLANAN SON BHO Tat: 07 SIIM/1 TIX MAtOtTt Fli H«W REGULAR SERVICES TO
      136 words
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      Page 48 Advertisements Column 4
      550 48 CHARTPOINT Every Saturday in Business Times UK/CONTINENT CTRIOI Ti. I SPORE I S TOW MBURG B HAVEN It DA* LEH lonoon express an up a/7 op o* 4 h**m*j monc konc express Iti ap ap ap ap ap :J* LIVERPOOL BAY 1/7 25/7 *7 MP South»«|*ori to all UK taliiutiom
      550 words