The Business Times, 2 July 1990

Microfilm: NL17036
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Monday July 2 1990 75*
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  • NEWS SUMMARY
    • Article
      G-7 unlikely to advance new debt initiatives: Canada
      63 1 LEADERS at next week's economic summit in Houston may be too divided to agree on any new debt initiatives for developing countries, Canadian Finance Minister Michael Wilson said. The Group of Seven (G-7) leading nations meeting from July 9-11 differ on how
      63 words
    • Article
      Watch out
      34 1 SINGAPORE has emerged as a major player in the watch business. It is Switzerland's seventh largest market for watch products, and is one of the biggest importers of Japanese timepieces Page 2
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    • Article
      Vietnam (trade) war
      31 1 AMERICAN executives say the United States is losing its second war in Vietnam, this one not to communist guerillas but competitors from Western Europe and Asia Page 7
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    • Article
      Thai aid
      37 1 THE US AGENCY for International Development (USAID) is devising a new strategy that will involve it channelling more financial assistance to private sector activities in Thailand and help foster American business interests there Page 7
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    • Article
      New initiative
      41 1 PRESIDENT Carlos Salinas de Gortari's June tour of Asia marked a new initiative by Mexico to break its economic dependency on the US by building bridges to economic powerhouses on the other edge of the Pacific Rim Page 8
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    • Article
      Regional centre
      29 1 NORWEGIAN marine-equip-ment manufacturer Sperre Mek Verksted is investing about $2.4 million to set up a regional sales, distribution and service centre in Singapore. Shipping Times Page I
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    • Article
      Sapporo test
      32 1 THE PACIFIC Music Festival opened in Sapporo, Japan, last week with the London Symphony Orchestra as the resident festival orchestra and a programme featuring mostly Western classical music. Page 15
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  • MARKETS SUMMARY
    • Article
      Pacific Can loss
      34 1 PACIFIC CAN Investment (PCI) has reported a group af-ter-tax loss of 137,000 for the six months ended March 31, 1990, primarily because of competitive pricing pressure and higher costs Page 3
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    • Article
      Metalock posts gains
      37 1 MARINE ENGINEERING specialist Metalock (Singapore) has posted an increase of 44 per cent in group after-tax profits to $5 million for the year ended March 31, 1990, in line with analysts' expectations Page 3
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    • Article
      Genting diversifies
      34 1 GENTING Bhd intends to include manufacturing activity under its business stable and is interested in having a participation stake in some Kuala Lumpur-listed companies which synergise with its present activities Page 3
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    • Article
      Liberalising banking
      34 1 THAI central bank governor Chavalit Thanachanan said Thailand must further liberalise its finance and banking system to prevent the system from lagging behind other sectors of the country's booming economy Page 6
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    • Article
      So far, so good
      39 1 MALAYSIA'S conservative monetary policy, which had been successful in maintaining the nation's financial stability, and containing inflation at reasonable rates over the past 30 years, should continue at least into the medium term.. Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 795.61 -7.70 Kuala Lumpur ....584.65 -1.94 Hongkong 3,278.24 +4.96 Tokyo 31,940.24 -165.95 Sydney 1,502.5 +8.4 New York 2.880.69 +1.98 London 2,374.6 +18.9
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.8390 Yen S$ 1.2043 MS SS0.6783 Money market rates Overnight 7 3/4% +13/16 3-month 7 3/16 -1/16
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    • Article
      COMMODITIES
      35 1 London Gold PM fix US$352.20 -US$0.10 Rubber S'pore July l57.50*/kg +0.25 M'sia July M233.00*/kg +0.50 KL Tin Turnover 95 tonnes +2 Spot M$l6.33/kg unch Crude palm oil Turnover 1,287 lots +600 Jul M$673/tonne +3
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  • Article
    General Magnetics to launch shares this week
    470 1  -  By Magdatene Ng CLOSE ON THE heels of Singapore Aerospace which announced its flotation plans last week, local audio and video equipment manufacturer General Magnetics (Gen Mag) is expected to launch its new share offer of 27.5 million shares at $1 each later
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  • Article
    Lock icon Economy not in hands of a few: Suharto
    206 1 AFP INDONESIAN President Suharto stressed that the country's economy is not dominated by just a handful of rich, mostly ethnic Chinese businessmen. Mr Suharto was referring to about 30 successful businessmen he invited to his ranch in Tapos, near Jakarta, on March
    AFP  -  206 words
  • Article, Illustration
    Pledge of support for reservists' training
    102 1 TRADE and Industry Minister and Second Defence Ministry (Services) Brigadier-Gen-eral (Res) Lee Hsien Loong receiving a plaque pledging total support for reservists' training at the SAF Day Dedication Ceremony. From left to right: Robert Chua of the Singapore Manufacturers' Association; Suhaimi Bidin, Secretary-General of
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  • Article
    China likely to welcome Midland-HK Bank merger
    524 1  -  From Catherine Ong in HONGKONG A MERGER between Hongkong's biggest bank and Britain's Midland Bank, if and when it comes about, will be welcomed by China as a global counterweight to Japanese financial institutions which now dominate international banking, said Mr William Purves,
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  • Article, Illustration
    How to change men's attitudes at home: PM
    388 1  -  B* Martin Soong SINGAPORE men need to develop more progressive and pragmatic attitudes towards child-rearing and home-management if women are to achieve a more equal economic role in the future, Prime Minister Lee Kuan Yew has told People's Action Party Women's Wing
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  • Article
    Lock icon No rush to withdraw new deutschemarks
    122 1 AFP AFTER a wave of jubilation when monetary union came into effect at midnight yesterday, many East Germans may have woken with reunification hangovers. At any rate, they are withdrawing far fewer of their new West German deutschemarks than had been anticipated. Only a
    AFP  -  122 words
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      286 1 m P k J*-.. MIKLMOTO i r#/.5 KAM POOL I I a^'*J/>lk 4 ILWLLLLKS jR J R.m.l 'WL !'!J/J Sint;j|'»n.i Tr (C.M.u«J»UH>r»S„^ Jr orc^2» Ul 11 IS THE COMMANDER LOSING HIS GRIP? 9 NECESSARY TO HAVE FOREIGN LIMIT? 10 A LITTLE SMILE GOES A LONG WAY 12 Arcratt Schedule 25
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      Page 1 Advertisements Column 2
      73 1 BT Top 100 AS HAS become traditional International. at this time of the year, BT Turn to Page 17 for the today ranks the top 100 com- ranking, and a quick rundown panies by market capitalisa- of the main features and hightion on the SES and Gob lights the ranking
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      180 1 KSTERLINKjI I HOME FURNISHINGS! The look cf success, #03/319-323 Marina Square, 6 Raffles Boulevard, Singapore 0103 Tel: 338 8661 Crucial to teach Asian values at home, Page 2 Analysis, Page 9 I 1 f| If If JAL knows how important a Ergonomically designed to relaxing flight is if you want
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Government dissolves Moonies' local society
        77 2 THE Home Affairs Ministry said yesterday it had ordered the Moral Home Society, a front organisation for the Moonie religious cult, dissolved under the Societies Act. The ministry said the MHS used objectionable methods in recruiting its 200-odd followers here, had brainwashed them into deceiving
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      • Article
        Integrated ticketing next year
        77 2 THE integrated ticketing system for the Mass Rapid Transit and public bus systems will be operational early next year, Communications and Information Minister Dr Yeo Ning Hong announced yesterday. Trial tests of the system had shown no major hitches, he said. Conversion work to adapt the
        77 words
      • Article
        Tumble-Tots' contribution
        58 2 TUMBLE-TOTS, a member of the Jack Chia-MPH Group, yesterday presented a cheque of $38,000 to the national 25th anniversary charity fund. Mr Chandra Das, Member of Parliament for Cheng San GRC and chairman of the 25th anniversary charity fund raising committee, received the cheque at Tumble Tot's Family
        58 words
      • Article
        Shell's investment hailed
        94 2 OIL MAJOR Shell's latest $584 million investment in Singapore will strengthen the Republic's role as a regional refinery hub and help integrate the oil refining industry with the emerging petrochemical industry for greater efficiency. The Trade Industry Minister, Brigadier-General (Res) Lee Hsien Loong, said this when he
        94 words
      • Article
        CCs to clubs: PM supports idea
        82 2 PRIME MINISTER Lee Kuan Yew has endorsed the proposal to upgrade community centres to community clubs. Speaking at the 30th anniversary concert of the People's Association on Saturday, Mr Lee said social and recreational facilities must be made available to all Singaporeans. Progress must
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      • Article
        Census: twice 1980's data
        75 2 CENSUS data collection is almost done, and more than one-third of the data processing is underway, Census Superintendent Lau Kak En has said. The rest of the data is expected to be processed by year-end. This year's census has so far collected twice as much information
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    • Article, Illustration
      2DPM: Crucial to teach Asian values at home
      400 2  -  By Martin Soong MAINTAINING the integrity of the family as the basic social unit in which proper Asian values can be inculcated is crucial to withstand the onslaught of unhealthy Western cultural influences, 2nd Deputy Prime Minister Ong Teng Cheong told the
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    • Article
      Research on East Bloc markets for sale
      268 2  -  By Walton Morais WITH Eastern Europe emerging as a potential new market for many Singapore companies, a market research company is offering two consumer research services covering this aspect. Research Pacific, a corporate and marketing communications research consultancy, has for sale a comprehensive
      268 words
    • Article, Illustration
      S'pore among top players in watch trade
      396 2  -  By Anna Teo SINGAPORE has emerged as a major player in the watch business. It is Switzerland's seventh largest market for watch products, and also ranks as one of the biggest importers of Japanese timepieces. The republic's growing role as a regional watch
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      172 2 Giving shape toyour ideas Jfefttt. Introducing Reuter Technical Analysis Keeping up with the movements of You decide what you want to see and how today's markets requires more than just com- you want to arrange it. plete information. You need the best possible Reuter Technical Analysis includes more tools to
      172 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Pacific Can suffers loss of $137,000 at half-time
      378 3  -  By Magdalene Ng PACIFIC CAN Investment (PCI) has reported a group after-tax loss of 137,000 for the six months ended March 31, 1990, primarily because of competitive pricing pressure and higher costs. PCI, revamped from the assets of troubled Malayan Tin Printing
      378 words
    • Article
      Lock icon Takeover of Kinta to be completed by August
      261 3 Bernama UNITED ENGINEERS (Malaysia) Bhd expects to complete the proposed M 5190.12 million takeover of Kinta Kellas Investments pic before the end of next month. UEM executive director Anuar Othman told newsmen after the company's extraordinary meeting in Kuala Lumpur on Friday
      Bernama  -  261 words
    • Article
      Lock icon Genting Bhd plans to take stakes in manufacturing
      299 3 Bernama GENTING Bhd intends to include manufacturing activity under its business stable and is interested in having a participation stake in some Kuala Lumpur-listed companies which synergise with its present activities, chairman Tan Sri Lim Goh Tong said on Friday. The group
      Bernama  -  299 words
    • Article
      Lock icon Billion-ringgit club on KLSE increases to 32 members
      407 3 MBT THIRTY-TWO companies listed on the Kuala Lumpur Stock Exchange were in the billion-ringgit league in terms of market capitalisation as at June 29, 1990, thanks to the recent marginal improvement in market conditions. This compares with 30 companies as at March
      MBT  -  407 words
    • Article, Illustration
      Lock icon Innovest to increase production of activated clay
      500 3 Bernama INNOVEST Bhd plans in the current year to increase production of activated clay under its subsidiary, Wembley Activated Clay Sdn Bhd (WAQ, as well as search for an Alternative market. tyAC lost 30 per cent of the market because of the lifting
      Bernama  -  500 words
    • Article
      Metalock chalks up 44pc rise in after-tax profits
      323 3 MARINE ENGINEERING specialist Metalock (Singapore) has posted an increase of 44 per cent in group aftertax profits to $5 million for the year ended March 31, 1990, in line with analysts' expectations. The Sesdaq company, which recently saw a change in its
      323 words
    • Article
      Alexandra Holdings' earnings down 4pc
      140 3 ALEXANDRA Holdings' earnings continued to slip in the year ended March 31, 1990, with group profit after tax falling by four per cent to $1.08 million. Its turnover was also lower, dropping by a third to $15.64 million from the previous year. Group profit at
      140 words
    • Article
      Lock icon Menang optimistic about profit prospects
      302 3 Bernama MENANG CORPORATION (M) Bhd is expected to start making profits in the next three years, once its project diversification and expansion programme goes on stream, said its chief executive officer, Eddy Shun Leong Kwong. Currently, Menang has lined up several projects. They are the
      Bernama  -  302 words
    • COMPANY BRIEFS
      • Article
        Proton to increase local content in Saga
        130 3 MALAYSIAN national car-maker Perusahaan Otomobil Nasional Sdn Bhd (Proton) will increase the local content in the Saga up to 80 per cent to enhance chances of retaining trade privileges under the Generalised System of Preferences (GSP). This would mean using more local components
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      • Article
        Hexza's sales projection
        136 3 HEXZA Corporation Bhd, which makes chemical related products, expects to rake in a group turnover of about MS 150 million to Ms2oo million by 1992. Speaking after the group's annual general meeting in Petaling Jaya last Friday, the group's chief executive, Dr Foong Weng Sum, said this
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      • Article
        Roxy (M) expects higher rental
        131 3 ROXY Electric Industries (M) Bhd expects higher rental income from Wisma On-Tai, its 23-storcy office block in Jalan Ampang, next year. Company director Datuk Ng Kong Yeam said on Saturday after the company's annual general meeting in Kuala Lumpur that the building now enjoys an
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      • Article
        DMIB launches J-Cinq tyre
        120 3 DMIB Berhad on Saturday officially launched its high-perfor-mance 70-senes passenger car tyre, the Dunlop Le Mans J-Cinq, into the Malaysian market. Marketing director Johann Foo said after the launch in Kuala Lumpur that the low-profile, racy tyre comes with a seven-rib tread design that enhances flexibility
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      Page 3 Advertisements Column 1
      5 3 BT Top 100, Pg 17
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      Page 3 Advertisements Column 2
      350 3 We are pleased to announce that J. David Barrett has been transferred to our Singapore office from our Los Angeles office, and that Mark Lam has been appointed an Executive Director. Russell Reynolds Associates, inc. Executive Recruiting Consultants Six Battery Road, #16-08 Singapore 0104 65-225-1811 Fax: 65-224-4058 NEW YORK ATLANTA
      350 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Broken Hill chalks up record profit
        182 4 AUSTRALIAN mining and industrial giant, Broken Hill Proprietary Co Ltd (BHP), reported last Friday a 6.4 per cent rise in annual net profit to a record Asl.l billion (US$B6O million for the year to May 31. Directors blamed the steel division and higher interest
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      • Article
        Matsushita in tie-up with Loewe
        140 4 MATSUSHITA Electric Industrial Co, a major Japanese consumer electronics maker, said it has reached basic agreement on a partnership in financial and industrial fields with Loewe Opta GmbH of West Germany. Under the agreement, Matsushita plans to acquire a 25.1 per cent equity stake in
        140 words
      • Article
        Toyota may raise Brazil stake
        112 4 THE Japanese auto maker Toyota is considering a US$2 billion investment to build motors and small trucks in Brazil, the government said last Friday. The president of Toyota's Brazilian subsidiary, Shinji Tomie, met on Thursday with Economy Minister Zelia Cardoso de Mello to discuss the
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      • Article
        Shimizu bags KL embassy job
        87 4 THE Malaysian government last Friday signed a contract with a leading Japanese firm for the construction of the Malaysian embassy project in Tokyo. The three-part project, comprises the chancellery building, ambassador's official residence and the embassy staffs residence block, will be undertaken by Shimizu Construction.
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    • Article, Illustration
      Condo craze on Chao Phya
      613 4 MORE than 13 high-rise condominium projects are being continually developed along both sides of the Chao Phya River, according to the survey made by The Nation's property reporters. The Bangkok newspaper said most of the projects have been completed at the stage of foundation development,
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    • Article
      Daiho unit is in the thick of action in Thailand
      504 4 MANY foreign construction companies rushed to Thailand when the country's construction business entered its peak period several years ago. One of these foreign companies, Thai Daiho Company Limited, is the subsidiary of the leading construction contractor in Japan. The company
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    • Article
      Seacon plans big Thai complex
      257 4 SEACON Group, developer of one of Thailand's first shopping centres more than 20 years ago, has announced plans to build one of Southeast Asia's largest shopping, office, hotel and entertainment complexes. It will be built on a 200rai site on Srinakahn Road between Bua Restaurant
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    • Article
      SCMP's dismal debut result of high hopes, negative reports: analyst
      462 4  -  By Catherine Ong in Hongkong SHARES of newspaper South China Morning Post made a dismal debut last Friday on the Hongkong stock exchange, trading largely below its offer price of HKS3.OB. On a day when the market was consolidating from
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      119 4 OUR HONG KONG CHEFS GO TOGREAT LENGTHS INCANifftl ESE CUISINE Come savour all the delicate tlavours ol i exquisite dishes specially created by our Hong »Kong master chefs. From South China Sea's choicest catch like the polka dot garoupa To the freshest ingredients for our new a la carte selections
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      Page 4 Advertisements Column 2
      36 4 XW .I EURO CHAIRS. Executive essentials designed in Europe. Economically contoured for sheer comfort. J "fc= TANGLIN CORPORATION l|m (PRIVATE) LIMITED 39, Sungei Kadut Street 1, Sungei Kadut Industrial Estate Singapore 2572 Tel: *****81 Fax: *****81.
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon US new capital up, underwriting fees down
      671 5 NYT Corporate america Continued to find Wall 'Street's soil fertile for raising new capital through the first Half of 1990, but for the third straight quarter the underwriting revenue earned by lw Wall Street firms remained 'tow. ,l£ For the year's first two
      NYT  -  671 words
    • Article, Illustration
      Lock icon Perrier chairman steps down
      499 5 Reuter FRENCH mineral-water bottler Source Perrier dropped its veteran chairman on Friday and almost doubled the eash set aside to cover a 5 damaging benzene pollution 3btre earlier this year. Gustave Leven, a benign 76-year-old who set up the sparkling water business in the south of
      Reuter  -  499 words
    • Article
      Lock icon Eastern begins transfer of Latin American service
      346 5 AP EASTERN AIRLINES, once the self-proclaimed "largest carrier in the Free World", yesterday saw its crumbling empire shrink by five nations. American Airlines begins taking over Eastern's Latin American service in the largest chopping yet on the struggling carrier. In the first of
      AP  -  346 words
    • Article
      Lock icon Campbell Soup to sell small North American operations
      197 5 NYT IN A FURTHER MOVE to cut excess capacity and lift profits, the Campbell Soup Co said it planned to sell small North American operations with total annual sales of more than US$3OO million. The move by Campbell, one of the world's
      NYT  -  197 words
    • COMPANY BRIEFS
      • Article
        Northern Telecom plugs into Eastern Europe
        58 5 NORTHERN TELECOM is breaking into the newly-opened Eastern European market in a joint venture to market and manufacture digital switching systems in Hungary. Under an agreement with BHG Telecommunication of Budapest and Austria Telecommunication GmbH, the Nashville-based Northern Telecom will provide technology for upgrading
        58 words
      • Article
        Thyssen in E German tie-up
        85 5 THYSSEN Handelsunion AG, a subsidiary of steel and engineering group Thyssen AG, has signed an agreement to form a joint venture with East German VEB-Metallurgiehandel. A statement said the venture, Thyssen Schulte Wprkstofthandel GmbH, will be 50 per cent owned by each partner with an
        85 words
      • Article
        Honduran strike may spread
        64 5 ABOUT 2,000 workers at Honduras' only oil refinery joined banana workers in a strike on Friday aimed at pressuring a US company, Chiquita, into paying higher wages. The Texaco refinery is also a US business. Tens of thousands of other workers in other industries were also
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      • Article
        Fokker talks in final stages
        62 5 DUTCH PLANE-MAKER NV Koninklijke Nederlandse Vliegtuigenfabriek Fokker said it is in the final stages of negotiating the sale of 12 Fokker-100 passenger planes to Iranian state-owned airline Iran Air. "We are in very advanced stages but there are still major hurdles," Fokker spokesman Bart van
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      • Article
        Daimler unit denies talk
        61 5 DEUTSCHE Aerospace AG (Dasa), aerospace subsidiary of Daimler-Benz AG, denied it is contemplating taking a stake in British Aerospace pic (BAe). "Currently such a move is in no way considered," a spokesman for Dasa said. Shares in BAe rose in London on rumours that Daimler might
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        USSR to use convertible currencies from Jan 1
        89 6 THE Soviet Union will use convertible currencies in dealings with other members of the Soviet-led economic bloc Comecon from Jan 1. The Soviet Council of Ministers, or government, which made the decision, officially notified the secretariat of Comecon and the central banks
        89 words
      • Article
        Visit to improve Peru's image
        91 6 PERU'S president-elect Alberto Fujimori has left for the United States for talks aimed at regaining the confidence of foreign creditors after five years of sour relations. Mr Fujimori, who said his mission was to improve Peru's image with foreign bankers and investors, is due to
        91 words
      • Article
        Gold cordoba for Nicaragua
        61 6 NICARAGUA, which has suffered a rash of devaluations since President Violeta Chamorro took office in April, said that a new currency on par with the dollar would be introduced this week. Finance Minister Emilio Pereira said the new currency, dubbed the "Gold cordoba," will gradually replace
        61 words
      • Article
        Bush promises not to interfere
        95 6 PRESIDENT George Bush expressed confidence in his son Neil's integrity, but promised not to interfere with regulators who are investigating the son's role in the collapse of a Colorado savings and loan. At a news conference, Mr Bush said he had "full confidence in the
        95 words
    • Article
      Lock icon Bangkok acts further to ease forex controls
      425 6 Reuter THAI central bank governor Chavalit Thanachanan said Thailand must further liberalise its finance and banking system to prevent the system from lagging behind other sectors of the country's booming economy. Mr Chavalit said in an interview on Thursday the Bank of Thailand
      Reuter  -  425 words
    • Article, Illustration
      Lock icon UK exchanges study reinsurance futures
      160 6 Reuter TWO London exchanges are studying the possibility of setting up reinsurance futures contracts, but industry sources said it could be up to two years before such products trade in London. The London International Financial Futures Exchange (Liffe) is looking at reinsurance futures but chief
      Reuter  -  160 words
    • Article
      Lock icon Bank Negara's policy should continue: don
      372 6 Bernama MALAYSIA'S conservative monetary policy, which had been successful in maintaining the nation's financial stability, and containing inflation at reasonable rates over the past 30 years, should continue at least into the medium term, an academician said in Kuala Lumpur last week. Dr Abul
      Bernama  -  372 words
    • Article
      Lock icon IFC, Banque Indosuez make multi-country loan
      135 6 Bernama THE International Finance Corporation (IFC) and Banque Indosuez have signed an agreement to commit USS2S million to a multicountry loan facility for financing small and mediumsized projects in five developing countries, the IFC said. Under the facility, investors and borrowers in selected countries
      Bernama  -  135 words
  • Page 6 Advertisements
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      169 words
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      204 6 1 t t DAVIS LANGDON SEAH I With effect from Ist July 1990, LANGDON EVERY AND SEAH has changed its name to I 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
      204 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      More US aid planned for Thai private sector
      345 7 THE US AGENCY for International Development (USAID) is devising a new strategy that will involve it channelling more financial assistance to private sector activities in Thailand and help foster American business interests there, according to The Nation. The new assistance package, which
      345 words
    • Article
      Lock icon US businessmen want slice of Vietnam trade pie
      393 7 AP AMERICAN executives say the United States is losing its second war in Vietnam, this one not to communist guerillas but competitors from western Europe and Asia. Eager to revive a ruinous economy, Vietnam has opened its doors to trade and investment
      AP  -  393 words
    • Article
      Lock icon Japanese press horde swarms Philippine city
      356 7 AFP FREE-SPENDING Japanese journalists have descended on the central Philippines city of Bacolod, bringing along an array of high-tech gadgets in their stake-out for a kidnapped Japanese aid worker. Representatives from a dozen Japanese newspapers, news agencies and television networks crowded the lone five-star
      AFP  -  356 words
    • Article
      Lock icon Thailand expects halving of rice exports
      128 7 AFP THAILAND'S rice exports are likely to drop almost 50 per cent in 1990 because of stiff competition from Vietnamese and Burmese exports, the state-run Thai News Agency (TNA) said on Saturday. TNA quoted Thai Commerce Minister Subin Pinkayan as saying exports from Thailand,
      AFP  -  128 words
    • Article
      Banker expects no slowdown in Thai investments
      298 7 THE HIGH LEVEL of growth in overall bank credit is expected to continue in the second half of this year with no sign that the current strong investment climate is abating, a senior banker said yesterday in Bangkok. The Nation reported that Pisarn
      298 words
    • NOTE BOOK
      • Article
        Philippines lowers growth target
        89 7 THE Philippines has further lowered its economic growth target for this year from 5.8 per cent to 4.8-5.2 per cent, press reports said on Saturday. The reports, quoting Economic Planning Secretary Cayetano Paderanga, said economic growth for 1991 and 1992 have also been lowered to 5.5
        89 words
      • Article
        India seeks dam support
        87 7 AN Indian business organisation has urged Japan to continue funding a massive but controversial dam project in western India. The Gujrarat (state) Chamber of Commerce and Industry (GCCI) charged in a memorandum to the Japanese embassy in New Delhi that opposition by many Indian environmentalists to
        87 words
      • Article
        Bytes for Cambodian bank
        62 7 CAMBODIA's National Bank is to streamline and improve its operations with the help of computers sent from the United States and Thailand, a senior official said in Phnom Penh on Friday. The bank, which also handles many of the tasks of the state treasury, will enter
        62 words
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      186 7 Discover innovative techniques to improve the way you work Come to InnoVision "90, a seminar and 3 one-hour^ talks by computer experts. Small as a notebook, only 2 kg!». Battery operated High-powered 286 (12 MHz) processor. Bnght paper-white VGA display 1,. Fast access 23 ms 20 MB hard disk Wide
      186 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Foreign car sales up in Japan despite price hike
        91 8 SALES of foreign cars in Japan have remained strong despite an average 3 per cent price hike charged from March on some luxury European cars, Japanese car industry officials said. Dealers have registered sales increases of more than 30 per cent
        91 words
      • Article
        Poland lifts final food controls
        80 8 THE POLISH government yesterday removed the last lids on food prices, lifted controls on coal costs and increased energy rates 80 to 100 per cent. The cost of postal services was also due to rise an average 60 per cent, and radio and television subscription
        80 words
      • Article
        Belgian millionaire arrested
        114 8 ONE of Belgium's most colourful figures, Jean-Pierre van Rossem an "anarchist millionaire" with a taste for vintage Ferraris and hippy clothes has been arrested for writing four bad cheques for a total of 215 million Belgian francs (US$6 million), court officials said on Friday. Mr van Rossem
        114 words
      • Article
        EC stands alone on farm issue
        68 8 THE European Community is increasingly isolated in its reluctance to dismantle farm price and export subsidies, Australian Trade Negotiations Minister Neal Blewett said on Friday after talks with US officials. "There is a sense of isolation among the Europeans on these issues" that hopefully
        68 words
    • Article
      Lock icon Analysts still sceptical over Mexico's Asian bridges
      295 8 AFP PRESIDENT Carlos Salinas de Gortari's June tour of Asia marked a new initiative by Mexico to break its economic dependency on the United States by building bridges to economic powerhouses on the other edge of the Pacific Rim. But while the June
      AFP  -  295 words
    • Article
      Lock icon Beijing begins nationwide head count
      173 8 Reuter CHINA, the world's most populous country, yesterday began counting its estimated 1.1 billion people in the first nationwide census in eight years. Seven million census takers began fanning out across the country, knocking on doors and recording names and other personal data from each
      Reuter  -  173 words
    • Article, Illustration
      Empty carts, empty shelves
      34 8 East Germans with empty shopping carts face empty shelves. This has become a common sight as maay East Gentian department stores await currency union with West Germany scheduled for yesterday.
      34 words
    • Article
      HK must tap China's labour market, says report
      422 8 HONGKONG must continue transferring labour-inten-sive manufacturing industries to southern China to maintain its global competitive advantage, according to a report by the Hang Seng Bank's research department. The report, quoted in the South China Morning Post, said that despite dramatic increases in
      422 words
    • Article
      Lock icon US import of Chinese footwear surges
      160 8 AP PRODUCTION and employment in the US shoe industry continued to decline early this year as Chinese imports surged to record highs. The US International Trade Commission (ITQ has reported that Taiwan held a narrowing edge as the leader in the quantity of non-rubber
      AP  -  160 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      70 8 With three daily flights to Bangkok leaving at strategic times of the Jay the only difficult choice you have to make is to decide whether you wanUreakfistjunc^r^nne^i^oarl PASSENGER *SL SERVICE by Air Transport |<9 '^R|j^^^B^^Hl v Jl u J^| For further information. contact your travel agent or Thai Airways International
      70 words
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  • ANALYSIS
    • Article, Illustration
      Is the commander losing his grip?
      1616 9  -  Last year was a most trying one for Hongkongßank as its 4 bacT investments came home to roost, all at one go. But there were extenuating circumstances, contends its chairman, William Purves, in an exclusive interview with BT. The lesson has been learnt. Now,
      1,616 words
    • Article
      Good time to merge with Midland
      735 9 ONE OF international banking's most intriguing questions may soon be answered: will the Hongkongßank merge with Midland Bank this year to create potentially one of the most formidable banking alliances in the world? Hongkongßank chairman William Purves said a statement would be made before
      735 words
    • Article
      There is much room for growth
      213 9 SINGAPORE banks have not grown as fast because the domestic banking sector is too restrictive, the head of the region's biggest non-Japanese bank says. William Purves, chairman of the Hongkongßank, said: "They are doing very well but their growth over the last how many
      213 words
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  • FOCUS 1
    • Article, Illustration
      Is there a need to cap foreign ownership?
      1212 10  -  The Monetary Authority of Singapore has doubled the foreign ownership limit in local banks to 40 per cent and made public the fact that it frowns upon 100 per cent share financing. Amy Balan and Alvin Tay analyse the two moves Alvin
      1,212 words
    • Article, Illustration
      Easy share financing puts pressure on interest rates
      1280 10 SIX COMPANIES offered shares to the general public in the last six months. These new main board listings raised an aggregate of $471 million. But investors raised a staggering $57 billion to apply for these shares, with banks only too glad to
      1,280 words
    • Article, Illustration
      A little smile goes a long, long way
      944 12  -  Customer service is an organised process designed to ensure that all customers are able to satisfy their needs and expectations when dealing with an organisation. Employees, who are the organisation in the eyes of the customer, need to be trained to provide
      944 words
    • Article
      Management Game takes off
      141 12 THE annual National Management Game was kicked off last Saturday by Dr John Chen, the Member of Parliament for Hong Kah GRC. This year, 107 teams from companies and organisations such as Compaq Computer Asia, DBS Bank, Singapore Airlines, Yeo Hiap Seng, the txwnomic Development Board
      141 words
    • Article
      Entertaining enough, but not analytical
      575 12 Title: Barbarians At The Gate The Fall Of RJR Nabisco Author: Byran Burrough and John Helyar Publisher Jonathan Cape Reviewer Chuang Peck Ming THIS blow-by-blow account of the US$25 billion takeover of RJR Nabisco, is already a bestseller in the United States. It's easy to
      575 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      186 10 -tut* j v '-iI fX Make your move towards a 1 $4 billion market... and do it now! 85 percent of exhfctt space has already been booked at the region's most ▲I effective 'sourcing-and-selfing' forum for IMO electronic components, engineeredparts m" *00 and related services. _JW INPRO *90 has already
      186 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      370 11 The SAS® System... a software system for your strategic applications need. Executive Information Systems Executive Support Systems (ESS) Decision Support Systems (DSS) We've put the emphasis on the end results. j jujxam mm With the SAS System, it doesn't matter who's running an application. Or how. Or where. You can
      370 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      168 12 I AMI pSi/SSSF I A highly specialised one-day workshop for I top decision-makers in strategic planning I International strategic change specialists Wayne Widdis I and Laurie Conole will lead this high-level workshop to I provide invaluable insights of their 20 years expertise I and experience in working with multinationals on
      168 words
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      Page 12 Advertisements Column 2
      422 12 MEMOPAD m Seminars and courses IhiratKxi Title V«»k Or*Mi*r Tel Jul 4-5 Business Contract and Law Orchard Hotel Executive's Desk *****1$ for Managers, Businessmen Marketing Executives Jul 4-5 Selling Skills and RGA Training Centre Roger Gill A *****60 Negotiating Fundamentals Associates Jul 5-6 Advanced Techniques in Holiday Inn Centre for
      422 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      71 13 I? t A 5 IfcM The Ah Swire I J s\ Group I 5s J Br bj M Hk IB V fir a N Ffl Cathay now rand West closer together. BeginJuly, our new powered 747-400 aircraft cross e non-stop way i Sw *|jBE$? J^BW times a from Hong Kong.
      71 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      305 14 WHERE TO WINE. DINE AND ENTERTAIN.. WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot. 11 -1 vHj Bp The Szcchuan Court is proud topresent the return of The Xi'an Master Chefs from The Golden Flower Hotel of Xi'an. With skills as legendary as the
      305 words
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      Page 14 Advertisements Column 2
      321 14 nuimeGs "7Tv*tiuTB*sr* THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price? For starters, take your pick of our cold dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and homemade dressings. Select
      321 words
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      Page 14 Advertisements Column 3
      188 14 HAWKER FUST♦ 1— 15 JULY Lunch Dinner only Adult: $16.00 Child: $10.00 Cafe Plaza gg|||||P P'-aza HOTEL 1 mw ROSE GARDEN SICHUAN RESTAURANT Level S, Golden landmark Hotel 390 Victoria Street, Singapore Introducing our new Set Lunch Promotion 6-course Lunch for 3 to 4 persons at $48.00++ 7-course Lunch for
      188 words
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      Page 14 Advertisements Column 4
      294 14 w Oyster Rockefeller, Roast Porkloin stuffed with chillies, JL Prawns Creole, Flapjacks, Apple Pie... the list ®oes on at The x Belvedere's American Buffet in July. For a true-Slue American -fa meal, c'mon over to The Belvedere American Buffet Luck July 1-31, noon 2.30pm if Adult: $36++, Child below 10:
      294 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      728 14 TELEVISION AND RADIO T Tlfprinr ura'sasss buswessw bapi uiiciiyi my uvea »*>•******- ~4 SM, asiKSSit. < J can catch a replay of the Education. A romantic come- §.30 Religious Programme. Til I 'gy! [|1 V 'W® n ri, t dy of a small-town tx>v who 7.00 CaMa Nawi tetwwV RADIO
      728 words
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  • THE ARTS
    • Article, Illustration
      M Butterfly: Playing with self-deception
      523 15  -  Singapore Festival of Arts 1990 Sex and scandal. Or scandalous sex? Has the success of M Butterfly been blown out of proportion? Claire Leow lets the air out of Theatreworks' much-touted version. Claire Leow THE perfect ideal woman is a man. David Hwang's M Butterfly
      523 words
    • Article, Illustration
      Lock icon A unique way to help break stereotypes
      638 15  -  The Pacific Music Festival opened in Sapporo, Japan, last week with the London Symphony Orchestra as the resident festival orchestra and a programme featuring mostly Western classical music, writes S L Bachman. S L Bachman AP FOR Gareth Farr, a 22-year-old percussionist from
      AP  -  638 words
    • Article, Illustration
      Lock icon Has Japan sold its soul to the West?
      622 15 NYT JAPAN'S postwar mistake has been selling its soul to the West along with its cars and computers, several Japanese novelists and critics told an international literary conference in San Francisco last month. "With prosperity, the economic miracle, has come cultural and
      NYT  -  622 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      297 15 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? MONDAY TO FRIDAY, noon to HBry ,> 2JCPM J3loC++ per person. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an i la carte main course in the relaxing
      297 words
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      Page 15 Advertisements Column 2
      108 15 All manner of Teochew delicacies await you at two very convenient locations on Battery Road in the Business Distnct. and at Centrepoint on Orchard Road Whether you're planning a celebration for 10 or 300. well give you a feast from the sea. presented by our famed master chefs. Chuan Hai
      108 words
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  • SPORTS
    • Article, Illustration
      Lock icon Italy cruises into semi-final
      677 16 AP EVERYTHING is going ex- actly according to plan for I coach Azeglio Vicini and the Italian World Cup squad. Nothing is going as Argen- i tine superstar Diego Mara- i dona and his defending < champions would like but the two teams will still meet
      AP  -  677 words
    • Article
      Porsche rally attracts good turnout
      287 16  -  By Cassandra How THE Porsche Shell Yokohama Horse Trail 1990 held yesterday saw a turnout of 27 participants. The event, jointly organised by Stuttgart Auto Pte Ltd and The Singapore Motor Sports Club, was flagged off at 7am at Stuttgart's office along Leng Kee Road.
      287 words
    • SIDE LINES
      • Article
        Eddery chases history on Quest for Fame
        98 16 QUEST FOR FAME set out to chase the U*****,000 Irish Derby yesterday with jockey Pat Eddery hoping to complete a history-making triple. Should Quest for Fame, the clear favourite in a nine-horse field, overcome his opponents, the popular local jockey will become the
        98 words
      • Article
        Marie pips Le Mond
        73 16 THIERRY MARIE won the prologue for the Tour de France cycling race on Saturday, finishing four seconds ahead of two-time and defending champion Greg LeMond, who looked strong after a winter full of distractions and a spring full of question marks. "There were some questions whether
        73 words
      • Article
        Faldo shares honour
        88 16 NICK FALDO took over the lead of the French Open at Chantilly on Saturday but failed to shake oflf the pursuing pack, sharing the honour with three other golfers at the end of the third round. The US Masters champion, aiming for this third straight French Open
        88 words
      • Article
        Watts in three-way tie
        53 16 BRIAN WATTS shot a 68 on Saturday to tie Barry Fabyan and Ed Humcnik for a share of the lead going into the final round of the US$lOO,OOO Ben Hogan Central New York Classic. Second consecutive rounds of 69 put Fabyan and Humenik at six-under-par 138
        53 words
      • Article
        Liberty Cup race
        85 16 FRANCE'S Bertrand Pace and Australia's Bobby Wilmot were to meet in the best-of-3 series for the 1990 Liberty Cup Regatta championship in New York yesterday. That was established on Saturday after the final round of qualifying, where Pace and his crew won all six races to finish
        85 words
      • Article
        Lucky Fabel
        100 16 BRAD FABEL and Nolan Hcnke, two players who have struggled to stay on the US PGA Tour, found themselves tied for the lead in Connecticut on Saturday after three rounds of the Greater Hartford Open. Fabel. who had to re-qualify for the tour after finishing 146 th on
        100 words
    • Article, Illustration
      Lock icon Edberg struggles to beat Mansdorf
      579 16 AFP THIRD SEED Stefan Edberg had to claw his way back in a match he looked like losing to reach the fourth round of the men's singles at Wimbledon on Saturday. The 24-year-old Swede, men's singles title winner in 1988 and runner-up to Boris Becker
      AFP  -  579 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      202 16 Two of the world's software leaders have just become one: n,T) T)l7 l/o our x vymvii McCormack Dodge and Management Science America have merged to form Dun Bradstreet Software Services, a subsidiary of the world famous Dun Bradstreet business and information services group. The new company is the world's largest
      202 words
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      Page 16 Advertisements Column 2
      75 16 FOR SALE Beautiful seaside land measuring 2 7444 acres fronting The Shoal Bay in Pangkor Island. Malaysia for sale. Extremely suitable for a holiday resort and/or marina Asking price: M 5500,000 No restnctions for foreigners. Highest offer secures. Please contact Ms Chen. Tel 05-*****7. IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ
      75 words
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  • BT TOP 100
    • Article
      TOP 50 SINGAPORE COMPANIES
      556 17 Rank Company Market Number 1990 Par Market Gross P/E Value of Shares Share Price Value Price Yield Ratio (in $mil) Issued as at as at as at Jun 30 Jun 30 Jun 30 High Low 1 SIA 8539.5 637.3 15.200 12.700 2.6 7.1 2 DBS 6069.8
      556 words
    • Article
      TOP 50 MALAYSIAN COMPANIES
      568 17  -  Compiled by JULIANA TAY 1 Sime Darby 50* 4471.7 1558.1 3.320 2.520 M$0.50 2.870 2.7 29.0 2 M Banking 3218.8 374.3 10.200 7.600 M$1.00 8.600 1.4 48.9 3 MISC 2875.0 500.0 6.500 5.750 MSI.00 5.750 2.4 9.7 4 Rothmans M 50* 2598.3 285.5 9.100 6.200 MS0.50
      568 words
    • Article
      NOTES
      323 17 (a) Bonus issue of one-for-ten. (b) Six rights shares at $6.64 (local) or $8.91 (foreign) plus 6 warrants at $1.60 per share for every 100 shares held. (c) Bonus issue of one-for-ten. (d) Listing and quotation of 15m ordinary shares of $1 each placed at $6.83 per share for
      323 words
    • Article, Illustration
      Three newcomers among Singapore's top 50
      608 17  -  By Magdalene Ng THREE NEWCOMERS to the local stock market have staged a feat in the first half of the year in entering the list of top 50 Singapore companies whose total market capitalisation has grown by about 10 per cent to $64.53 billion
      608 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      141 17 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can he given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      141 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Dull trading expected in holiday-shortened week
      4930 18  -  By William Chia THE Singapore stock market is expected to continue its slow and lethargic movement this week especially as the Kuala Lumpur and Singapore bourses will be closed for the Hari Raya Haji holidays today and tomorrow, respectively. Last week was also a
      4,930 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4130 19 WWn OCK 955 +120 +14 4% UOI 640 85 +15 3% GEJfc 1430 40 2.9% OUl 950 +35 +3.8% SI A 200 1360 30 2.3% SIA 1340 30 2.3% CKTang 420 30 7.7% HoqFok 270 +28 +11.6% SPh 795 +20 +2.6% Spoc BusF 500 690
    4,130 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Market ends week on dull note
      1473 20 DBS Securities INITIAL mini bull-run ■•triggered by good China news I failed to retain its grip on the Hongkong bourse in the past •week, with trading ending on ia dull note on Friday. The Hang Seng Index gained 27.8 points, or 0.86 per cent,
      DBS Securities  -  1,473 words
    • Article
      Sinister forces stalk London markets
      844 20  -  By Ray Heath STRANGE FORCES stalk the City of London at certain "witching hours" during the month. At 11.20 am, on the last trading day, the influences of the futures and options markets become unusually strong as the contracts expire. Usually only the most sensitive
      844 words
    • Article
      Lock icon Shares rally in the wake of Bush's tax about-face
      682 20 FT "READ MY LIPS. I lied." Thus, in a big, bold front page headline, did the tabloid New York Post sum up the widespread view of US President George Bush's abrupt about-face last week on tax policy. The president abandoned his
      FT  -  682 words
    • Article
      Lock icon Stocks rebound after two-week loss
      222 20 AFP SHARE PRICES rebounded on the Tokyo Stock Exchange last week following a twoweek decline as investors were encouraged by the stronger yen against the US dollar. The Nikkei Stock Average of 22S blue chips posted a 245.67-yen or 0.78 per cent weekly gain when
      AFP  -  222 words
    • Article
      Lock icon Stocks decline
      116 20 AFP WEAK offshore martets and institutions selling srip before the end of the tnancial year on Saturday pushed down Australian stexits during the past week, >rokers said. The main market indicator, the All Ordinarie Index, fell 10.S points to Jose at 1,502.5 on Friday, "he All Industrials Index
      AFP  -  116 words
    • Article
      Lock icon Shares rally
      106 20 SOMBIY AFP PRICES SURGED o new highs on the back of wsitive sentiment on the Indian stock markets last we»k. The Bombay Stcck Exchange (BSE) Sensitnty Index shot up 36 ponts to close at a record 850.;, while the National Index tnished 11.2 points higher at 444.8, also
      AFP  -  106 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Trading livens up but shares close off-best
      4000 21 MBT AN impressive price run-up on the Kuala Lumpur stock market was checked by late profit-taking last week as shares closed off the week's high in moderately active trading. Dealers said market operators were initially encouraged to buy shares in view of the
      MBT  -  4,000 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      408 21 NOTICES THE COMPANIES ACT, CAP. SO STATE ELECTRICAL CONTRACTOR PTE LTD (In Liquidation) At a ganeral ma ling of STATE ELECTRICAL CONTRACTOR PTE. LTD. duty convened and held on the 26* day of J una, 1900 the totowmg spacial resolution was Pltlfrfj' SPECIAL RESOLUTION Thai the Company ba wound up
      408 words
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      Page 21 Advertisements Column 2
      348 21 GOLDEN EYES TRADING PTE LTO (In Members Voluntary Winding-Up) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Golden Eyes Trading Pie Lid. duly convened and held at 9 Kaki Bukit Road 2. #02-14. Gordon Warehouse Building Singapore 1441 on 25 June 1990 the following resolutions were duly
      348 words
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      Page 21 Advertisements Column 3
      533 21 IN THE MATTER Of THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF ADIGES ORGANISATIONAL MANAGERIAL DEVELOPMENT PTE LTD (In Members Voluntary Mnding Up) AT AN EXTRAOfIDMARY GENERAL MEETING of ADIGES ORGANISATIONAL MANAGERIAL DEVELOPMENT PTE LTD held at »2S-06. 101 Cecil Street. Singapore 0106 on 30tti June 1990 at
      533 words
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      Page 21 Advertisements Column 4
      439 21 THE COMPAMES ACT, CAP 50 GOLDEN ORCHID COFFEE HOUSE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordmary Genera Meeting of GOLDEN ORCHID COFFEE HOUSE PTE UD duly convened and held at 5001 Beach Road #07-55, Golden Mie Comptat, Singapore 0719 on Wednaeday, the 27th day ol June 1990 the
      439 words
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      Page 21 Advertisements Column 5
      339 21 COMPANIES ACT, CAP. II DANOMB PRIVATE LIMITED (la II l*Wm) PINAL MEETING NOTICE 18 HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 90 that a Pinal General Meeting of the Member* of the abovenamed company will be held at 111 North Bridge Road #12-05 Peninsula Plaxa, Singapore
      339 words
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  • WORLD STOCK MARKETS
    • Wall Street stocks close barely higher
      • Article, Illustration
        NEW YORK
        1055 22 WALL STREET stocks ended the last day of the second quarter on Friday barely higher after trading in a tight range for most of the session. Firm bond prices and continued optimism over the progress of the budget deficit talks supported the mild advance. The Dow Jones Industrial
        1,055 words
      • Article, Illustration
        LONDON
        847 22 LONDON share prices rose on Friday as the successful completion of the June Financial Times 100 Stock Index contract was well received by the market. Dealers said there was some trepidation earlier in the day that the contract's end would bring a wave of volatility to the market. But
        847 words
      • Article
        FRANKFURT
        532 22 FRANKFURT shares cased on Friday in the last few trading hours before yesterday's historic merger of the two German economies. Some dealers linked the share price fall to lingering worries about costs of monetary union. From yesterday, Bonn's mark and market-oriented policies will be introduced into an East German
        532 words
      • Article
        MILAN
        202 22 ITALIAN shares ended an uneven day with slight gains on Friday, although down from the day's highs, with sentiment weighed down by the continuing dull performance of industrial stocks. "When Fiat, Olivetti and Montedison are weak, even if the rest of the market is good, there is not much
        202 words
      • Article
        ZURICH
        227 22 ZURICH shares advanced in fairly active trading on Friday, taking the allshare Swiss Performance Index to its highest level since last September. The market was underpinned by the overnight gain on Wall Street and strong demand for chemical shares. The SPI gained 7.1 points to 1,199.8. Zurich June 29
        227 words
      • Article
        JOHANNESBURG
        399 22 GOLD SHARES in Johannesburg extended their recent gains on Friday, supported mainly by a relatively firmer performance in the bullion price and further sharp losses in the financial rand, but ended off their highs in a thin market. Dealers said demand was light and confined to quality issues, which
        399 words
      • Article
        PARIS
        187 22 FRENCH share prices ended slightly below their opening levels on Friday after creeping higher most of the day, on arbitrage between the CAC-40 June contract which expired on Friday and the index's July contract. The CAC-40 Index ended 3.38 points lower at 2,035.03 after touching a high of 2,050.08.
        187 words
      • Article
        TORONTO
        185 22 TORONTO stocks closed higher on Friday after an early boost from President Bush's statement that he will consider higher taxes to tackle the deficit Shares also firmed on the rising Canadian dollar, which bounced up to 1.1631/36 from 1.1690/95. The Composite Index rose 14.01 to 3,543.93 on volume of
        185 words
      • Article
        Untitled
        421 22 June 29 Oo»e Previous NEW YORK Dow Jones 2,880.69 2,878.71 +1.98 NYSE Financial 144.75 144.40 +0.35 SAP 500 358.02 357.63 0.39 Turnover (million) 146.0 136.12 9.88 LONDON Financial Times 30 1,899.9 1,887.81 +12.1 FTSE 100 2.374.6 2.355.72 +18 9 Turnover (million) 461.9 448.1 +13.8 AMSTERDAM CBS General NA 198.90 I
        421 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Bush statement on rates gives US$ a downward push
      447 23 FOREX WEEKLY ROUND-UP THE US dollar fell more than one pfennig lower against the mark and more than two yen lower last week as the view spread that US interest rates could come down soon. President Bush gave the downward move
      Source: Tele Trac  -  447 words
    • Article
      Lock icon Yen bounces back after a weak start
      492 23 ASIAN CURRENCIES AFP THE YEN recovered last week after an early fall, while most other Asian currencies moved up against the US dollar. Australia, New Zealand and Taiwan led the upward trend, followed by Singapore, South Korea and Thailand. Currencies in Indonesia, Malaysia
      AFP  -  492 words
    • Article
      INTERBANK FOREX RATES
      384 23 Cross rates June 30 USS S$ MS Dm Yen SFr AS NZ$ USS 1.8395 1.6620 152.16 0.5718 1.4150 1.2604 1.6978 SS 0.5436 0.0000 0.9035 0.8272 0.3108 0.7692 ***** 0.9230 MS Dm 0.6017 1.1068 0.0000 91.55 0.3440 0.8514 0.7584 1.0215 Yen 0.6572 1.2089 0.0000 1.0923 0.3758 0.9299 0.8283
      384 words
    • Article
      MONEY MARKET
      552 23 Interbank rates S$ Bid Offer Overnight 7 3/4 8 t-month 7 3/16 7 5/16 2-month 7 3/16 7 5/16 3-month 7 3/16 7 5/16 Oversight mode: 7-1/4 USS High Low 7 days 8 5/16 8 1/4 1 month 8 1/4 8 1/4 2 months 8 5/16 8 1/4
      552 words
    • Article
      Lock icon Fed likely to lower rates before August
      425 23 Reuter THE Federal Reserve, which is responsible for the US money supply, may soon be ready to give the Bush administration and the stock market what they want a cut in interest rates. Although few economists expect the Fed's policy-mak-ing committee to take
      Reuter  -  425 words
    • Article
      Lock icon ERM will lower UK interest rates
      137 23 AFP STERLING will join the ex-change-rate mechanism of the European Monetary System (EMS) "within the next few months", and consequently British interest rates will fall from 15 per cent to 13.5 per cent by the end of the year, the National Westminster Bank said.
      AFP  -  137 words
    • Article
      S Africa confirms backing gold prices
      418 23 GOLD FINANCIAL FUTURES REPORT PERSISTENT rumours of purchases of gold by central banks were validated at last Tuesday's World Gold Conference in Venice when South African Reserve Bank Governor Chris Stals admitted that his country's central bank had been in the market for some
      418 words
    • Article
      Quotation of Singapore Government Stocks as at Jun 30, 1990
      365 23 Number Indicative Oron u.i..rMw YMr Coupon Amount I****** 0 f day# of r*d#mp«on ratMd (*tn) I»>™« KClUd («elu«nO yMM a*<~ IntarM I"*™?, <%p.) hRotNI; 1.9 90 N*****1Z 1968 51/8# 450.00 1/3 1/9 121 100.20# 3.88# 1.12.90 Lo» 2 1975 6
      365 words
    • Article
      FINANCIAL FUTURES
      298 23 COM EX June 29 COLD FUTURES) 100 oz) USS/og Open High Low Settle Change Jul 357.90 +5.80 Aug 355.30 361.00 354.50 359.90 5.80 Sep 356.50 356.50 356.50 362.00 5 80 Oct 359.30 365.00 358.80 364.10 5.80 Dec 364 40 369 90 363.10 368.50 5.80 Feb 91 367.50 372.70
      298 words
    • Article
      PRIME LENDING RATES
      510 23 BANKS ABN Bank I* Allied Irish Bank PLC I Amen can Express Bank 8Vi Am'Dam R'terdam Bank I Arab Banking Corp 8% Arab Bank Ltd 7Wi Asia Commercial Bank Th ANZ Banking Group 8*1 Ban Hin Lee Bank 7*» Banca Commerciale I* Banco do Brasil 8 Bangkok
      510 words
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  • COMMODITIES
    • Article
      Lock icon KLCE plans palm oil kernel and timber futures
      408 24 Reuter THE Kuala Lumpur Commodity Exchange (KLCE) plans to introduce palm kernel oil and timber futures and another rubber contract to widen its operations, KLCE chairman Syed M A Alhady said. It is also studying plans to move into financial futures trading
      Reuter  -  408 words
    • Article
      Lock icon Opec must take tough stand against quota-busters: Iran
      269 24 Reuter IRANIAN Oil Minister Gholamreza Aqazadeh, joining a growing assault on Opec quota-busters, said the organisation must take a tougher stand when it meets next month. The Organisation of Petroleum Exporting Countries has not been firm enough in the past with over-producers,
      Reuter  -  269 words
    • Article
      Lock icon Copper, lead and zinc rise on strike fears
      886 24 REPORTS AFP COPPER, lead and zinc were boosted by worries over possible strikes in North American operations, but aluminium nickel and tin failed to join the rally. Labour negotiations with end-June settlement deadlines were taking place at Asarco in the United States
      AFP  -  886 words
  • Article
    PRICES
    1118 24 Rubber US (M hi M Scents/kg Int 1 RSS Close June 25 157.25 June 26 156.25 June 27 155.50 June 28 157.25 June 29 157.50 MKLBffafcta Mm) M cents/kg Int 1 RSS Close June 25 232.50 June 26 231.50 June 27 232.00 June 28 232.50 June 29 233.00 LONDON
    1,118 words
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      780 24 NOTICES Advertisement of Resolution to give Financial Ass»ttnce IN THE MATTER OF THE COMPANIES ACT, CAP. 50 SECTION 76 (10) (H) AND IN THE MATTER OF COLD STORAGE HOLDINGS LTD Whereae:* (A) As part of a reorganisation of Cold Storage Holdings Ud. ("CSH"), itis proposed, inter alia, that CSH reduce
      780 words
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      Page 24 Advertisements Column 2
      80 24 STARTING A SMALL BUSINESS in Slngapo covers almost every aspect involving the setting up of a business organisation Any potential entrepreneur will do well to read this book as it will help him speed up and smooth out the setting up process." Mr Lim Kee Ming, Past President of the
      80 words
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      Page 24 Advertisements Column 3
      8 24 overseas about Singapore. R Subscribe now Call 740-1840/1
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      Page 24 Advertisements Column 4
      15 24 Read Charlpoint, a guide (o investing in the stoek market. Every Saturday in Business Times.
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Page thumbnail Page 25
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1053 25 City Fig* ETA Ftfct ETP -p QF81 1900 SQ225 2215 S0228 1915 kmmm RI182 1445 RJ183 2320 KL841 1055 GA892 0110 SQ23 1200 KL842 2035 QF005 2230 TE25 1800 TE26 1920 SQ388 2025 Baarfar Sart BJ421 U05 SQ182 0915 l.riiil- SQ181 1410 BI422 1205 ***** B1430
      1,053 words
    • Article, Illustration
      Lock icon A fine jewel of a museum
      667 25 LETTER FROM FRANCE IHT IN the gentle hills of Picardy, about an hour north of Paris, lies an obscure country museum built in the ruins of a 17th-century chateau. Informally known as the American Museum at Blerancourt, it has drowsed since its creation shortly
      IHT  -  667 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Ii>cal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.445 1.465 Canadian dollar 1.557 1.577 NZ dollar 1.0700 1.1100 Sterling pound 3.183 3.203 US dollar 1.8370 1.8470 I>ocal dollars to 100 units of foreign currency Austrian schilling 15.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      84 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td July 12- Property Financing Hilton AIC 03-*****43 July 24 How To Profit FromHyatt A1C 03-*****43 13 Kuala Conference 25 The Coat Control Aryaduta Conference Lumpur Revolution HoteUakarta July 12 Effective Marketing Hilton AIC 03-*****43 July 30 Property
      84 words
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      41 25 wMHT-w- a IHi htiMno* pcrvtnthokc tun luodjv. I I hurvh\.Vituriij* jnd^und.i\. 1 caving h.irigi \irport .K h»ur> mil .it 21 JL JL ■,liferent ,itic> in the Is the in<; Jav Hi; i li < >i- Ft: I >11 Ail; \^s Air Canada
      41 words
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      Page 25 Advertisements Column 2
      243 25 STOCK EXCHANGE OF SINGAPORE SUPPLEMENT 1990 The global equity market is losing much of its shine. Volatility rules the day, and the technology that brings markets closer to each other also exposes one market to another's weaknesses. But with the Increased risk or volatility also comes greater opportunity for profit.
      243 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      333 25 6 Concern for loneliness found around the Channel r 8 Robe designed for an Afri--9 Priceless old weapon employed by no one else 12 1 11 Field Marshal able to slip out of tight corners (4) 12 Retired sailor who desert- 13 Green and Milne wrote p7 I I I
      333 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      209 25 Singapore Outlook: Showers over sever*! areas in the morning. Report: Max temp 31.1"C Assoc humidity 73% Min temp. 26.2* C Assoc humidity 93% Hrs of sunshine 5.10 Rainfall in mm 3.9 Rainfall this mth 3.9 Rainy days this mth 1 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/08 Windy Bangkok 35/25
      209 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      34 25 TH6.BIG I .FROVT CASU6-TV.... r TT»I nfTfa TST'- 1 J P»SCO.... Vou've. To STONCYBWM \V—_ pholism p oft...&»J«Ge* BP* sun i* fKML r "M ?SSE -_iv x~T 1 —1 ,se-3H-A tog B" UggMa&Sgfr*) W.
      34 words
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  • Article, Illustration
    Flow of US capital to S'pore will slow: banker
    505 26  -  By Soh Tiang Keng A VISITING American central banker and economist, Dr Thomas Thomson, has predicted a slower flow of American investments to Singapore in the current decade. Dr Thomson, senior vice-president of the Federal Reserve Bank in San Francisco, told
    505 words
  • Article
    Lock icon KL studies proposal to build jetty in Kukup
    170 26 Bernama THE Malaysian Transport Ministry is studying the proposal by a private company to build a jetty in Kukup to facilitate travel by tourists from Singapore to the town, which is popular for its seafood. Transport Minister Datuk Sen Dr Ling Liong
    Bernama  -  170 words
  • Article
    Lock icon Alatas, Qian want full Cambodian solution
    168 26 AFP CHINA and Indonesia agreed yesterday to accept nothing less than a total settlement to the Cambodian conflict, as Ali Alatas began the first visit to Beijing by an Indonesian foreign minister in 23 years. Mr Alatas, accompanied by a large delegation, arrived in
    AFP  -  168 words
  • Article
    Lock icon Japanese body accused of bid-rigging to disband
    225 26 Reuter A JAPANESE construction industry organisation which has come under strong Japanese and US criticism for alleged bid-rigging will disband soon, Japanese media reported on Saturday. The national daily newspaper Asahi Shimbun said that the organisation, called Keiei Konwakai and comprising 32 major
    Reuter  -  225 words
  • Article
    Lock icon Japanese bank extends loan to Air China: report
    340 26 AFP MITSUBISHI TRUST and Banking Corp has given Air China a loan of US$l26 million, becoming the first Japanese bank to resume lending to China since the crackdown on pro-democracy protests there last year, press reports said in Tokyo yesterday. The Nihon
    AFP  -  340 words
  • Article
    Lock icon Nato may pull out US nuclear shells
    227 26 Reuter NATO LEADERS may announce plans to withdraw all US nuclear artillery shells from Western Europe when they meet in London for a summit this week. Alliance sources in Brussels said yesterday that the United States had suggested withdrawing the shells, most of
    Reuter  -  227 words
  • Article
    Lock icon Ventures in China doing well
    96 26 AFP SINO-FOREIGN joint ventures, which flourished under the policy of economic opening in the 1980s, are doing well despite China's two-year-old austerity campaign, the Economic Daily said yesterday. Nearly half of China's 23,000 joint-venture companies are in full operation, the official New China News Agency
    AFP  -  96 words
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      447 26 Baume Mercier GENEVE 1830 ■15^ THE IMPERIAL BANQUET A Special Selection of Man Han Quan Xi jSmm. The foremost Chinese culinary skills with the most exquisite presentation. From June 23rd to 15th July at Spice Garden. glV* v The juiciest news in town! The Imperial Banquet, a special selection of
      447 words
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      Page 26 Advertisements Column 2
      5 26 JIL Baume Mercier GENEVE 1830
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  • Shipping Times
    • Article, Illustration
      Norwegian company sets up regional centre here
      397 27  -  By Sangeeta Mulchand NORWEGIAN marineequipment manufacturer Sperre Mek Verksted is investing about $2.4 million to set up a regional sales, distribution ana service centre in Singapore. A new company, Sperre Asia, which was set up recently, will supply air compressors and heat exchangers
      397 words
    • Article
      Thai move to control activities of all shipping lines
      298 27 THAILAND'S Office of the Maritime Promotion Commission (OMPC) will introduce measures on international shipping lines' operations in the country, including their service charges to shippers. According to The Nation, Mr Sathien Wongwichien, deputy permanent secretary for Thailand's Transport and Communications Ministry,
      298 words
    • Article
      China reduces stake in Macau airport to 8.7pc
      368 27 CHINA has cut substantially its stake in Macau's airport now under construction because of a shortage of foreign exchange, forcing the Macau government to look for new partners in the project. According to the South China Morning Post, Macau's Under-Secretary for Transport
      368 words
    • Article
      OOHL expanding in the region
      291 27 HONGKONG-based Orient Overseas Holdings Ltd (OOHL) last Wednesday revealed plans for the acquisition of container terminals in South-east Asia, the United States and Europe. According to a South China Morning Post article, Mr Simon Brough, its chief financial officer, revealed at the company's annual meeting
      291 words
    • Article
      Lock icon 10,000 sheep die on hot ship
      199 27 Reuter TEN THOUSAND LAMBS died on an enclosed ship during a heatwave and New Zealand Agriculture Minister Jim Sutton has barred such ships from carrying sheep. Mr Sutton said on Friday he would not approve any further applications for the export of live sheep
      Reuter  -  199 words
    • Article
      Bruneian airline foresees lOpc rises in KL operations
      409 27  -  By Othaman Abu Bakar ROYAL Brunei Airlines (RBA) expects its Malaysian operations to increase by at least 10 per cent yearly in the next five years, in view of the country's good economic and tourism prospects. Sales manager for Peninsular Malaysia, Chen
      409 words
    • Article
      Philippine shipping line to be auctioned again on July 5
      255 27  -  From Al O Labita In MANILA THE Aquino government has set July 3 as the date for the third public bidding of the National Shipping Corporation of the Philippines (NSCP). Although NSCP's floor price had been pegged at U5542.47 million,
      255 words
    • NEWS SUMMARY
      • Article
        Pacifying the trade
        41 27 WITH THE Europe trade foing through period of exceptional instability, tome Japanese carrier! not surprisingly see the chance to apply to the Far East-Europe trade some of the lesions they have learned in the turbulent Pacific Pagt 2
        41 words
      • Article
        Disasters and Insurance
        59 27 IN LAST FRIDAY'S Shipping Times, there was an article on disasters and their impact on Lloyd's, which suffered an US$lB billion km from natural disasters in the 12 months since July last yer. The que* tion on the minds of ship owners in Singapore is: "What impact,
        59 words
      • Article
        Moller may boycott US ports
        67 27 DENMARK'S leading shipping group A P Moller Km joined growing list of tanker operators by considering pulling its vessels out of US ports, company officials uid last week. The group is expected to make a, decision within a few days. A decision to withdraw its
        67 words
      • Article
        Tho Imaginary Double Bottom
        27 27 NORWEGIAN ship supply company Unitor Ship Services is applying for patents for a double bottom alternative christened the 'Imaginary Double Bottom' Back Pap
        27 words
    • LOG BOOK
      • Article
        More than 20,000 20-ft boxes for Matson
        110 28 THE MATSON LEASING GROUP has taken delivery of more than 20,000 20-foot boxes since it was launched a year ago. The firm expects to have a total of more than 35,000 boxes by the end of this year. Most of the initial 20,000
        110 words
      • Article
        Tramp Trip Charter Index
        99 28 THE LLOYD'S SHIPPING ECONOMIST will in future include the Tramp Trip Charter Index as one of its regular features, following the decision of the General Council of British Shipping to cease publication. The Index provides a useful yardstick for the dry cargo charter market and, in
        99 words
      • Article
        Korea-Japan freight agreement
        81 28 FIFTEEN KOREAN OPERATORS trading between Korea and Japan have agreed to establish market stability on the route via a Korea/Japan/Korea Freight Agreement. The Agreement is to set up a working committee composed of three representatives from each of two conflicting bodies, the Korea/Japan/Korea Container Freight Agreement and
        81 words
      • Article
        Mitsui in Docklands venture
        103 28 JAPAN'S MITSUI AND CO LTD has agreed on a 30-50 joint venture with UK property developer Jacobs Island Company pic to develop a prime residential site in London's Docklands, Jacobs Island said. The joint venture will build a residential development on a four-acre riverside site at
        103 words
      • Article
        New Australian airline
        80 28 AUSTRALIAN COMPASS AIRLINES, controlled by the former owner of East West Airlines Brian Grey, expects to begin services with five leased A3OO-6008 Airbuses in November. The airline, which raised Asso million capital in a share issue announced in May, claims that it will be able to offer
        80 words
    • Article, Illustration
      Lock icon Pacifying the trade
      1446 28 Japanese lines believe that lessons from the Pacific can now be applied to the European trades Lloyd's Maritime Asia JAPAN'S flagship European service has for two decades been in the fivemember Trio consortium, which Tokyo's two giants Nippon Yusen Kaisha and Mitsui OSK Lines helped to make
      Lloyd's Maritime Asia  -  1,446 words
    • Article
      COCKETT BUNKER MARKET REPORT
      849 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      849 words
    • Article
      THE SHIPPING GUIDE
      12602 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are pub- > lished for
      12,602 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        456 43 Vaaad tkI Sartfc fciW Dapartw VhmI Hi BaHfc fcrtral Oaparttfa K Oraraantxifg 2/90 P3t dwpMl 01.07/2300 •< wtj 0707/7100 Ptoraaf Eht 26A P48 dwpMi 02.07/1300 31/90 K31 IS 02 07/1800 BrooU 12E PIC atonpda 02.07/2100 1*7 K32 £S£ M O 0200 >W90 P20 *x** 01.07/1900 f££L 5S
        456 words
      • Article
        CONTAINER SCHEDULE
        1244 43 nccBvtHo of txpow ret cowtaiweks mo lci cwco TrmUbw ScHmUm S* Voy No Vt Data Thw From To M*l| 6ata fi* to Jute 2A 01/170 0 02/0659 02/0900 Aa Lotus U 01/170 0 02/0659 02/0900 02/120 0 02/1459 02/1700 An n Aust ***** 01/150 0 01/1659 01/1900 01/170
        1,244 words
      • Article
        IN MALAYSIAN PORTS
        264 43 Pert King South Port cn Jum 21: Courage Venture L berth 2; Stolt Bod berth 2; Nam Aman berth 3; Soon Hoe berth 3; New Man Hmg berth 7; Trans Bulk berth 7A; Bandung berth Jetty SheM. KCT: Sea Leopard berth 8; Perkasa berth 8; Hikawa berth
        264 words
    • Article
      DAILY FREIGHTS
      990 43 THE FREIGHT market on Thursday saw further declines on the key grain routes from the US to Japan, while talk was circulating that grain from the Gulf to the Continent had been fixed at between US$B.25 and US$B.5O, broken said. Grain was covered at US$l7 and US$lO.5O to
      990 words
    • Article, Illustration
      Disasters and their impact on insurance
      516 44  -  By Ian Lancaster IN LAST FRIDAY'S Shipping Times, there was an article on disasters and their impact on Lloyd's, which suffered an US$lB billion lon from natural disasters in the 12 months since July last yer. The question on the minds of ship owners
      516 words
    • Article, Illustration
      Lock icon A P Moller may join boycott of US ports
      375 44 Lloyd's List DENMARK'S leading shipping group A P Moller has joined a growing list of tanker operators by considering pulling its vessels out of US ports, company officials said last week. Moller is reviewing its position because of fears of exposure
      Lloyd's List  -  375 words
    • Article
      Lock icon Unitor applies for Imaginary Double Bottom patents
      215 44 Seatrade Week NORWEGIAN ship supply company Unitor Ship Services is applying for patents for a double bottom alternative christened the "Imaginary Double Bottom". Instead of a maybe US$3O million double bottom retrofit for a VLCC three to six months out of lervice, Unitor
      Seatrade Week  -  215 words
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      262 27 SHIP LASHING MAT!RIALS SPECIALIST KINTERMARINE SUPPLY CO (PTD LTI T*«: NNIU llnw) TU. IMGCO *M4MI Pm N*M77 kZISk syarikat rtnz WWW SDN. BHD. I A JOINT VENTURE OF THE INTEGRATED GROUP AND THE MITSUI-SOKO GROUP Services between West Malaysia. RTN j" SYARIKAT RTNZ is introducing its BONDED TRUCK TRANSPORTATION services
      262 words
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      Page 27 Advertisements Column 2
      28 27 CoeMt raport 2 Contanar ScMtfb 17 My tnlf* Z_l 17 Mm to MwtMn Shm Gu* 1041 Stapa in Port 17 support 17 ftwttw art S« Con Mom 17
      28 words
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      181 28 EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but whtn 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 high-flyi ig towel, or take shots in the dark.
      181 words
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      Page 29 Advertisements Column 1
      1758 29 mm jardine shipping agencies 200 C«ntonm«nt Rood #12 05 South point. Sinpport 0201 Milfr T«< 22inn telex no ***** Bfcmw TERMINAUCFS Td *****11 220 rßwOfll BOOKINGS T* *****34 235 \ffZw A pesaka jardine shipping AGENCIES SON. tNO. PORT KELANG TEL *****1S TELEX NO. MA3M77/MA***** RENANG TEL *****4 TELEX NO MA*****
      1,758 words
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      Page 29 Advertisements Column 2
      1137 29 INDEX TOfIDVERTISERS (..-I...;:!. 1 1 Vp||?4] Madju Sdn Bhd 16 1/2 lit-i iiri-nlfi Mr I Macrsk Line 3 4/5 ABC Conttinerline 13 S Mainfreight IS 4 Accord Shpt 8 1-3 «MISC 14 1-3 Albtlroa Sea-Air 14 5 M'sia Shpg Corp 9 1/2 Alfred C Toepfer 15 5 Mendelsaohn 5 1/2
      1,137 words
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      Page 29 Advertisements Column 3
      2296 29 1 VMM Voy ETA I ETO 'Port 'Panang DESTINATIONS Singapore Kalang TMa mm Marcrtan M Cloaing Tma Faadar by CY V 7 o<oo HAS M Farco CfS 2/7 ISOO MRS M Tauro OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MOM TOM MARCHES M SOOe 3/7 4/7 SW
      2,296 words
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      Page 30 Advertisements Column 1
      1137 30 m J ROTTERDAM/ VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HONGKONG EXPRESS 95/577 8/7 30/7 24/7 25/7 23/7 29/7 LIVERPOOL BAY 99/581 8/7 25/7 27/7 30/7 KASUGA 10/580 12/7 8/8 31/7 2/8 30/7 5/8 TOLAGA BAY 10/584 15/7 1/8 3/8 6/8 CARDIGAN BAY 96/583 19/7
      1,137 words
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      Page 30 Advertisements Column 2
      470 30 DIRECT SOUTH PACIFIC SERVICE SIN SUV PIT CAPE MALEAS 4/7 22/7 29/7 Also accepting cargo to La u toko via Suva DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 4/7 14/8 15/1 19/8 Also accepting Cargo to Callao (Peru) via Valpa Aaanta GHWctWJXII SINGAPORE: *****96 BOOKINGS: *****00 VS. JAVA:
      470 words
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      Page 30 Advertisements Column 3
      1366 30 I E3 joiaiifl MW REGULAR INDEPENDENT FULL CONTAINER SERVICE WEST&6Und for EuAdf>E VSL/VOY SIN CLM ALG BCL FEL HAM IRE ROT ANT LHA (VIA (VIA (VIA ALG) HMD ROT) NOR ASIA SAMANTHA 9011-3 06/07 10/07 27/07 290? 01/01 0306 04/01 06/06 06*06 07/06. NORASIA SUSAN 9019-3 13/07 17/07 03 06
      1,366 words
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      Page 31 Advertisements Column 1
      1764 31 S~mSteamers Maritime Holdings Ltd WP&o IffTS Containers lliJ Voy No P Klanj S port S tor H'kurf B »u«rR Um Loft ACCEPTS DUE SAILS HONGKONG EXP 15/577 +TOl-O/7 0M» 01/11 ?VO7 27/07 0/07 HJW LIVERPOOL OAT »541 TOl-02/7 OW »»I 7*07 Mf RCUOY Pf ARI mi u KASUSA I 10/SBO
      1,764 words
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      Page 31 Advertisements Column 2
      1721 31 TO: EUROPE TO: FAR EAST SP LH ROM HAM B'HVft FIX SPORE HK KAO KOB BU CHOYANC CHANCE MM 7/7 2S/7 20/7 77/7 2*7 30/7 HANJIN FELIXSTOW 002E 2/7 S/7 i/7 9/7 12/7 HANJIN LEHARVE 008W 14/7 1/1 2/t 31 S/0 M CHOYANC PARK OOtE 9/7 12/7 13/7 IC/7 19/7
      1,721 words
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      Page 31 Advertisements Column 3
      24 31 S PORE LOADING FOR MORA 6/7/90 PHNOMPENH/KOMPONGSOM NMA 8/7/90 HOC HIMINH/V UNGT AU SELM SHIPPING TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: *****46
      24 words
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      Page 31 Advertisements Column 4
      321 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC YOUNG CHAMPION PIONEER SOLDIER TRADER VOY. NO 6 7 10 Spore 3/7 13/7 17/7 P. Kelang 6/7 Penang Hong Kong Yokohama 27/7 Nagoya 24/7 Osaka Senboku Kashtma Hochiminh •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN
      321 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      678 32 A Jotal Europe Service Of: P.T. IMUMTA LLOYD M. BKURI LLOYD P.T. SMNDfOA INDOKCBM if. TDKOM LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSI/VOY S'POUE R DAM/ H'BURC BREMEN ANTWERP ADAM SRINIJAYA/nWB 20-24/7 11/1 23/1 2M Xft 1 PANJANG/2CWB 21/1-31/7 27/1 If) M tn KUTAI/20WB 2-VI 2/1 5/» W 11/J
      678 words
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      Page 32 Advertisements Column 2
      724 32 I6ftHANJIN SHIPPING I yy full container service ■>«... prlgr'S- sr-sr mrj M HANJIN LE HARVE OWW 14/7 1/8 2/8 3/8 ift 6lt HANJIN OAKLANO 008E UP M HANJIN FELIXSTOWE 003W I 21/7 8/8 9/8 10/8 12/1 13/8 CHOYANG SUCCESS OOX 38/7 H. POHANC 102E M* 2M CHOYANC PARK 009* 28/7
      724 words
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      Page 32 Advertisements Column 3
      1384 32 f 1 d I rl z 1 d d IPKL SCP HKC KSC KLC PUS HKT OSK S«U TYO ML LHV ANW ROM FIX NBC top I EVER GRACE 3/7 VI W W I*7 24/7 21/1 3M 31/» 1/1 V* 4/1 vn EVER CLEAMY 7/7 12/7 117 BO IM fk
      1,384 words
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      Page 33 Advertisements Column 1
      1502 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE-*****16 a AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE-*****48 M TERMINAL: *****22 DOCUMENTATION: *****44/*****14 CFS: M 2' IMPORT: *****69/*****50 CFS:M2 EXP0RT**********2504 NEPUNE SDN BHD MALAYSIA K.L-*****33, P. Ketanfl-*****87, Penang-*****0, J. Bahru-51 5893, *****4 PTINTI TRIDENT NUSANTRA INDONESIA
      1,502 words
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      Page 33 Advertisements Column 2
      1134 33 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 DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND "WOOLS VOVMt Ira [MANILA NKOW VOTACf «W PKLANC HIURC t'MAVtN TILBURY ["SoTT ANTWERP N TIKNOMOV ISHD SW
      1,134 words
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      Page 34 Advertisements Column 1
      1507 34 4\\ W "W m AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 1244******0*) #\7 K4 TEL: *****77 TELEX KAWAKI R*****5 FAX *****79 \M M J M MALAYSIA HARPER WIRA SON BHD \r- TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. INDONESIA N. AMERICA PACIFIC SOUTH-WEST
      1,507 words
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      Page 34 Advertisements Column 2
      1095 34 PHILI-ORIENT LINES PTE LTD i I (The Complete NVOCC Package) Bllllfro4 JULY Montreal, Ottawa, toronto, vancouver, s'western ontario. CHARLESTON, CHICAGO, 8 JULY DUBAI, DAMMAN, KUWAIT, DOHA, LONDON, THUNDER BAY, WINNIPEG, ;3 MUSCAT, BAHRAIN, ABU DHABI, REGINA, SASKATOON, 13 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON .PENT ICTON 6 JUL COLOMBO,
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      Page 35 Advertisements Column 1
      1595 35 PACIFIC INTERNATIONAL LINES (PTE) LTD *****5? mtmßV P,L Building, 140 Cecil Street #03-00, Singapore 0106. IBANGKOK VESSEL VOV SIN JKT SM VESSEL VOV SIN BKK SIN EOEN 9019 30/0 2/7 *T7 PEOASUS PIONEER MN 3/7 S/7 IS/7 DELTA MAS ISIS 1/7 S/7 8/7 HAI HUI MN 4/7 7/7 11/7 EDBN
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      Page 35 Advertisements Column 2
      1043 35 r BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL fvOY SPORE P KLANG H SHAMPTON HAMBURG BHAVEN ROAM LHAVRE Hong Kong Express 95/577 6/7 31/7 25/7 24/7 23/7 30/7 Liverpool Bay 99/581
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      Page 35 Advertisements Column 3
      268 35 M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen HAKHA V4OIW In Pt/3 JUN PATHEIN VMB S2/2 JUL PAGAN Via V> JUL HPA-AN VISW IWII JUL MERGUI VlflOW a/27 JUL MYOMA YWA VUWH a/31 JUL THE BANK LINE (A Mnilc* of Andrew W«ir Shipping)
      268 words
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      Page 38 Advertisements Column 1
      662 38 INTEGRATED CONTAINER SERVICE HOMER OF EACON SERVICE from far east to worth continent MTIOUNO I MN I FLX I BRV ROM ANT HOC RST L TNAELMAM 4/7 28/7 30/7 31/7 kTUimC KN WW MP Id iff 4/0 W I. nccx «h w u* un ivt m nuns ttN mi w
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      Page 38 Advertisements Column 2
      1475 38 MIC CBNVIRTIOWAI BHVKI Vmml P. KLG PNC P G Loading tor A VESSEL 20* RBttwton/Anhwfp CHWA fUU COWTAWM MKRYIQI Vmml PKL PNC SPORE BKK HKC SNA QIN LY6 SNANC CHENG 121 21/5 23/5 27/5 4/S 16 YANG FANG KOU 12* 31/5 2*5 4/t llfi 1W 20* Accapting FCL Cargo lor
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      Page 38 Advertisements Column 3
      241 38 spore mi pnc hkg inc tsu SINGAPORE GLORY VQH I Jul— 17 Jul 19 Jul MALAYSIA GLORY VW 11 Jul J.I 10 Jul 20 Jul 22 J.I MAI YINC VOO7 14 Jul IS M 2S Jul 27 M OCEAN CROWN VMS 21 Jul SM UM RACNA VOO7 D Jul 24
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      Page 38 Advertisements Column 4
      605 38 V POSEIDON CONTAINER lj TRANSPORT GMBH HAMBURG U V SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA A TRANSSIBERIA SERVICES ACCEPT TO A FROM INLAND DESTINATIONS CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SIN 9/7 20/7 25/7 31/7 (VIA ILYICHEVSK) IRAN Djulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) [i EASTERN/CENTRAL FAR EAST
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      Page 38 Advertisements Column 5
      413 38 MgW.-S FI/ISH saanaa eaa aooua rnmm bodahkb siMPAtsoRFT?* a@ trass PITS' fAARTttHU li/oy a. (bqbbabs waua OTA sob* oa/aa/aa STTA SJStfl* 2*3/3&/9(D ASEAN PORTS iinirrMif auuTHA* MAHA BHUM IfN 3/7 y7 MAMA BHUM 17W 11/7 lt/7 jAsWANI Sdn Bhd Pkl (Tel: *****59) 3ASWANI Sdn Bhd PNG (Tel: *****7) .IRA"h""iN^|<UANTAN^(TeI: *****8)
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      Page 39 Advertisements Column 1
      312 39 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) ETA S PORE LOAOING FOR BANGLAR KAILOI 15/7 CTG, MONGIA BANGLAR PROGOTI 19/7 S. KOREA. JAPAN ETA S PORE LOADING FOR MV
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      Page 39 Advertisements Column 2
      537 39 SRhfIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lines) FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Llnaa) P>; ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOR SPORE ABBAY WOH2 2SWB VO« DARESSAt AAM MOMBASA DJIBOUTI ASSAB M ASSAM A
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      Page 39 Advertisements Column 3
      738 39 MASKAPAI PELAYARAN LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA 4 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG r AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA BERVICB VSL VOY SIN JKT PAJ SIN
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      Page 39 Advertisements Column 4
      1378 39 t a a*m.* si te CHINA OCEAN SHIPPING COMPANY 2, MISTRI ROAD. HMC BUILDING T r. *****00 I FULL CONTAINER LINER SERVICE TELEX: RS **30 COSHIP FAX.' *****66 General Agents: COTTAR HUPPING PTE LID CABLE costarline VESSEL,VOT SCP ax ROT HAM AWT DKK VESSELVOT FIX ROT HAM AWT WW SCR
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      Page 39 Advertisements Column 5
      138 39 TO AUSTRALIA/NEW ZEALAND VS. Sinfiport rr«mitt< Nrtbsunw SyOncy Auckland OuMtfin MUSSEL 252 Off M M Si vi 2M C. VEKOUK S3 ~M SS Si 3W W 55 ANTWERPCN H4 22* M M M lW W Tirr cxnttss auS Sn wi 55 55 u/5 7 DATS TO FREMANTLE! TO USA/CANADA VSI
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      Page 40 Advertisements Column 1
      1070 40 iMAC-NELS SIMBAPOBEifwDiiT TIL ttoam 1 IWMT TEL aum~\. (PENANG TEL: (04) *****6 |KK 'TEL: (088) *****0 TAWAU TEL: (089} ******1 KELANG TEL (03) *****77 fcuCHING' TEL: (082) *****3 SKAN TEL: (089) *****2 l-N~AVi; J BAHR U TEL (07) *****2 [SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9( *—> JAKARTA TEL
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      Page 40 Advertisements Column 2
      536 40 BLUE STAR LINE SINGAPORE TO 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 PtV AUCK IYT PROSPECT 07S 2» Jun 14 Jul VU NPI It Jul
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      Page 40 Advertisements Column 3
      1143 40 /SB'THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una B |m Inn iota m eti K KIM SOON LI 26/90E 30 JUN PENANG JENHOL 9/90E
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      Page 41 Advertisements Column 1
      750 41 \Hfryv COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. P«nang* P. Kelang Singapore KAMALEVERETT 14/15 Jul 16/17 Jul THOMASEVERETT 26/27 Jul SHAPLAEVERETT 11/12 Aug "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
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      Page 41 Advertisements Column 2
      605 41 FULLCONTAINMSMWCrKtepUn^^ West Coast CarrlMnan.Eart Canada. HAITI Cuatewela and Howhres VSL [S PORE IMAINLINER [LAX |KST ISAV [NYC [HTX 2IM KAOHSIUNG 1/7 ZIM SAVANNAH »/7 M 11JI IM IVI A VESSEL 7/7 ZIM SAVANNAH 10/7 M 11(1 1M l«l LEEWARD IS/7 ZIM TOKYO IV* N0 "0 311 ZIM TRIESTE l»/7 ZIM
      605 words
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      Page 41 Advertisements Column 3
      688 41 Msing kwang hang •MMN A THANMOMTATION (TTW) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 4/7 7/7 JENWEL I ft/7 I I 9/7 VESSEL S PORE BANGKOK A VESSEL 4/7 7/7 A VESSEL I 6/7 0/7 DESTINATIONS ETA SINGAPORE PORT KELANG 7 JULY MANILA 10 JULY HONG KONG.
      688 words
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      Page 41 Advertisements Column 4
      544 41 ns PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOV SPORE JKT BBAYA TANTO SEJATI 01 11/7 14/7 PELOPOR 949 7/7 10/7 TANTO SEJATI 03 18/7 21/7 PELOPOR 950 14/7 17/7 TANTO UTAMA 87 7/7 10/7 TANTO UTAMA 89 14/7 17/7 TANTO UTAMA 91 21/7
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      Page 41 Advertisements Column 5
      389 41 w. I ii 1 IfilliMS!fl 11JI V^^H« mßswWH^^^BaBßlBKlBiHW^^^^^^B» SIN FM EAST 8/7 KEELUNG/KAOHSIUNG 7/7 BANGKOK 7/7 MANILA/CEBU 7/7 JAKARTA/BELAWAN/SURABAYA 6/7 PORT KELANG/PENANG/E. Malaysia 6/7 BUSAN 7/7 TOKYO/YOKO/KOBE/NGO/OSA 9/7 HONG KONG also accepting cargo to Huangpu/Sbenzhen/Fuzhoti/ Xiamen/Xingang/Shanghai SIN EIMPE/BK 7/7 LDN/FLX/LVP/SOU 7/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgaria/Czech.
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      Page 42 Advertisements Column 1
      426 42 PLATOU PACIFIC X Vf{ SHIPPING SERVICES REGULAR PAH EAST N. AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: 22M111 SINGAPORE: FAX: *****99 HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 27/07 JAKARTA 29/07 SURABAYA 01/08 LOS ANGELES 22/07 03/09 OAKLAND 27/07 09/09 VANCOUVER B.C. 30/07 13/09 Qsneral Agents: ANGLO FRENCH SHIPPING
      426 words
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      Page 42 Advertisements Column 2
      673 42 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
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      Page 42 Advertisements Column 3
      487 42 KL: allico-LIMK SINGAPORE: m 04-*****2 03-*****55 778 «522(22 LINESI SEE& \f Marina O m% Imm M*/ChrtaMna CMn AMc* Yao/Mwr Yh INBOUND SERVICE FM USWC/EC/GULF SIN BKK ENCOURAGEMENT 012 17-20 Jul MERCURY RIVER 014 01-02 Aug 05-07 Aug KONGO MARU 016 14-11 Aug 21-22 Aug ACCEPTING H/lIFT CARGOES TO BKK FCL/LCL
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      414 43 TIDES AND WEATHER TODAY'S TIPCS (height in metres HOW HOI 1100 0200 OJOO *****000 HOI 1700 o*o ***************0 lJNl*tlNlllotl7NlNollM2MonM2M23|l ft 10 1.1 1.2 14 II 1.7 II 11 1.7 1.1 1.4 14 1.1 1.1 14 1.5 14 2.1 24 2.4 2.2 2.0 1.7 14 PF 14 10 1.1 1.3 15
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      Page 44 Advertisements Column 1
      335 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 02/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANQ P. BAHRU JAMBI TBN 30/6 INDONESIA COLOMBO
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      Page 44 Advertisements Column 2
      619 44 lan Lancaster It the managing director of Citicorp Insurance Brokers ▲.HYUNDAI] MERCHANT MARINE CO. LTD. TO PBW SIN HKG LBH OAK SEA CHI FROM PBW LBN OAK SEA HKC SIN HYUNDAI PIONEER 33E 07/07 12/07 30/07 02/09 0M» 04/09 HYUNDAI INNOVATOR I2W 29*9 31/09 03/09 UK» 29*9 LALANOIA 33E 14/07
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      Page 44 Advertisements Column 3
      445 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) MOM KOW uHUM l *P* l iaV* Ju'" 5 sk"*' 1 n 3 A***— to»Kl>». on*. IWW> mnwti iiyimut Iff UP MP MP I iiiiiiiKkim U $rmm HXIU6A I UP W n/1 IM MP M tuPwuUf :to•* OK tntiMtWM. tetfMl mt OmMm
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