The Business Times, 4 July 1990

Microfilm: NL17036
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday July 4 1990 75*
    10 words
  • NEWS SUMMARY
    • Article
      Thai govt faces no-confidence motion
      58 1 THE THAI government of Prime Minister Chatichai Choonhavan is to face a noconfidence motion in two weeks. However, army-run television reported that the House had not yet decided how many days would be allowed for the debate as the opposition said it needed a lengthy
      58 words
    • Article
      Have cans, can travel
      18 1 HOME-GROWN can manufacturer Containers Printers is setting its sights on global operations Page 2
      18 words
    • Article
      VAT for M'sia soon
      30 1 THERE ARE strong indications that the consumption tax, in the form of a val-ue-added tax, will be introduced in Malaysia sooner rather than later Page 7
      30 words
    • Article
      Dull prospects for NZ
      33 1 THE NEW ZEALAND economy is expected to drift before a general election due by October, with large companies delaying investment decisions until the political environment becomes clearer Page 7
      33 words
    • Article
      China woos Taiwanese
      30 1 CHINA has rolled out the red carpet for 600 Taiwan businessmen on a tour that Beijing hopes will help offset flagging investment from other countries Page 8
      30 words
    • Article
      Tokyo makes changes
      25 1 THE JAPANESE government has agreed to make major changes in the way it enforces anti-monopoly laws on companies in Japan Page 8
      25 words
    • Article
      In defence of Williams
      27 1 THE LATE Tennessee Williams has found a stout defender in a woman who was allegedly his model for Maggie the Cat Page 15
      27 words
    • Article
      NOL in Manila venture
      32 1 DRAWN BY the lucrative Philippine shipping market, Neptune Orient Lines is poised to acquire a major stake in leading inter-island feeder operator Lorenzo Shipping. Shipping Times Page I
      32 words
  • MARKETS SUMMARY
    • Article
      Dow up
      36 1 INTEREST in some of the larger-capitalisation stocks helped US blue chips maintain a slim lead in morning trading yesterday. The Dow rose about seven to 2907. Gainers led dediners by about five to four.
      36 words
    • Article
      Footsie higher
      36 1 LONDON share prices were higher at midday yesterday in thin trading, buoyed by strength in the stock index futures market. At about 1100 GMT, the Financial TimesStock Exchange 100-Share Index was up 3.6 points.
      36 words
    • Article
      Cerebos
      27 1 TRADING in Cerebos Pacific shares will resume today after a nine-week suspension and following the reduction of Suntory Pacific's stake in the foodbased company Page 3
      27 words
    • Article
      New DFC instruments
      30 1 FAILED merchant bank DFC New Zealand Ltd will issue new instruments as part of its plan to repay creditors the face value of their claims. Page 4
      30 words
    • Article
      US to hold auction
      35 1 THE US will hold an international auction in late September, via satellite, for properties worth more than US$l million each that were acquired from insolvent savings and loan institutions Page 6
      35 words
    • Article, Illustration
      STOCK INDICES
      28 1 Tuesday Change BT-MGA Closed Kuala Lumpur ....586.36 +1.71 Hongkong 3,356.55 +37.08 Tokyo 32,414.60 +254.37 Sydney 1,512.7 +16.9 Monday Change New York 2.899.25 +18.56 London ...2,372.0 -2.6
      28 words
    • Article
      COMMODITIES
      35 1 London Gold AM fix USSS357.40 US$0.30 Rubber S'pore Aug Closed M'sia Aug M207.00 '/kg -0.50 KL Tin Turnover 86 tonnes -9 Spot M$l6.06/kg -27 Crude palm oil Turnover 1,302 lots +15 Jul M$684/tonne +11
      35 words
    • Article
      Market holidays
      16 1 THE SINGAPORE markets were closed yesterday, and the US markets will be closed today.
      16 words
  • Article
    Spectrum to procure $100 m of electronic supplies a year
    400 1  -  By John Tan SPECTRUM Electronics, an American international procurement office which set up shop in Singapore last Friday, plans to source $100 million worth of material annually within the next two years. Mr Wayne Debord, president of the Atlanta-based company,
    400 words
  • Article
    Lock icon Indonesia and China restore ties
    163 1 Reuter CHINA and Indonesia agreed yesterday to restore relations on Aug 8, ending a break of 23 years and providing a diplomatic triumph for Beijing. It was also stated that preparations were underway for ties with Singapore. China and Indonesia, in a joint communique signed
    Reuter  -  163 words
  • Article, Illustration
    Guthrie GTS revamps operations
    600 1  -  Turnover expected to rise by at least 50pc By Conrad Raj GUTHRIE GTS is expected to increase its turnover by at least 50 per cent to more than $100 million this year following a restructuring into four new operational divisions. The move is meant to sharpen
    600 words
  • Article
    Singapore Airlines may fly to East Germany next year
    385 1  -  By Suzanne Soh SINGAPORE Airlines may finally fly to East Germany next year, 10 years after a bilateral air agreement was signed between Singapore and East Germany. BT understands that discussions on a possible East German service are already underway between
    385 words
  • Article
    Lock icon America remains world's largest debtor nation
    425 1 AP THE US tightened its grip on the title of the world's largest debtor nation last year, ending the year with a net debt of U*****.7 billion, up a sharp 25 per cent from the previous year. The latest figures, based on data collected
    AP  -  425 words
  • Article
    Lock icon Germanys to start political union talks
    199 1 Reuter EAST and West Germany start negotiations on Friday on merging political and legal systems in advance of unification elections set for December, East German coalition leaders said yesterday. A timetable for talks on a second state treaty to accompany the economic union accord
    Reuter  -  199 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      274 1 I -aIM I Singapore Kuala Lumpur Jakarta Bangkok Hong Kong BACK IN THE MARKET 11 NEW CRACKS IN JIGSAW EMPIRE 12 KOHL: MAN OF THE MOMENT 13 Aircraft Schedule 23 Money Changer Rates 23 World Stock Markets 20 Commodities 22 Money Market 21 Cryptic Crossword 23 Regional Co News 4
      274 words
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      Page 1 Advertisements Column 2
      55 1 Lufthansa to cut costs. Shipping Times Pg 18 Did you get yesterday's issue of BT? IF YOU ARE a BT subscriber and vou did not receive yesterday's issue, please call our Circulation and Promotions Dept on 730-5843. We are monitoring the efficiency of our circulation and vendor services and would
      55 words
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      Page 1 Advertisements Column 3
      40 1 BOUTIQUE #02-2# RAFFLES CITY SHOPPING CENTRE A painstaking process, PgU jnJX 5* I *Oy jp,^ l>Sv y jft^fffV"jV*' .4 yi 41 ■PR I p qj v Wf< Af, (ff FtAZAHo&t A I, L,> < *A»<««rotvo*f oi.»fM»«rtf«o if> S—»o*<m»»t M» 'Tfe. J'
      40 words
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      Page 1 Advertisements Column 4
      3 1 Editorial, Pg 10
      3 words
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  • HOME NEWS
    • Article, Illustration
      Containers Printers sets its sights on global operations
      364 2  -  By Genevieve Cua HOME-GROWN can manufacturer Containers Printers is setting its sights on global operations, using its expanded Singapore factory as the blueprint for the new plants it intends to set up overseas. The company's paid-up capital will double this year from
      364 words
    • Article
      Second design forum to be held in October
      311 2 SINGAPORE'S Second International Design Forum, to be held in October, will focus on design application in the manufacturing and service industries. A biennial event organised by the Trade Development Board (TDB), the first such forum was held in 1988 to mark the
      311 words
    • Article
      Sony appoints first S'porean to SPEC board
      252 2  -  By Anna Teo SONY Corporation has appointed a Singaporean to the board of one of its Singapore companies. Teo Chim Chuan, manager of Sony Precision Engineering Centre (S)'s human resource and general affairs division, became the first local Sony director on June 1.
      252 words
    • Article, Illustration
      Scotts content with just two service apartment complexes
      425 2  -  By Suzanne Soh SCOTTS Holdings, which has been aggressively expanding its local operations, is content to have just two service apartment complexes because of the current exorbitant land prices. Though service apartments are in demand and are generally more profitable than hotels,
      425 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      220 2 Standard Chartered Credits Its Effldency To Teamwork. y Bk-.<a?lg I L I |r T? II f^ 1 k. M Httufl K». n. B H p I Ik I Im 1 a. P I It is not a situation the Standard Within an hour, Mrs Wong set into motion In a
      220 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Lock icon Telekom (M) plans major optic fibre laying project
      434 3 MBT THE PROPOSED laying of 1,000 km of optic fibre cables throughout Malaysia is likely to involve funds to the tune of Msloo million to Mslso million, Syarikat Telekom Malaysia (STM)'s managing director Dr Syed Hussein Mohamed said. STM may or may
      MBT  -  434 words
    • Article
      Lock icon STM to raise spending to M$ lb a year
      478 3 MBT SYARIKAT Telekom Malaysia (STM) expects to raise its capital expenditure for 1990 to 1992 to Msl billion a year from Ms6oo million a year in the last few years. Managing director Dr Syed Hussein Mohamed said recently that the bulk
      MBT  -  478 words
    • Article
      Lock icon Pengkalen broking unit buys IBM computer
      142 3 Bernama PENGKALEN Holdings Bhd's stockbroking subsidiary, Kimara Securities Sdn Bhd, signed a M$ 500,000 agreement at the weekend to purchase an IBM AS/400 computer from AIT (M) Sdn Bhd, together with AIT'S Tracs/400 trading system software for stockbrokers. The hardware comes with 12 megabytes
      Bernama  -  142 words
    • Article
      Lock icon Southern Finance takes over Eu Finance
      182 3 Bernama THE SOUTHERN Finance Company Bhd (SFCB) has taken over the assets and liabilities of Eu Finance Bhd with effect from July 1, receivers of Eu Finance said. Gong Wee Ning and Tay Chong Chim of Coopers and Lybrand Malaysia said in a statement
      Bernama  -  182 words
    • Article
      Trading in Cerebos shares resumes today
      336 3  -  By Conrad Raj TRADING in Cerebos Pacific shares will resume today after a nine-week suspension and following the reduction of Suntory Pacific's stake in the food-based company. The counter, manufacturer and distributor of various food products like Brands chicken essence and Yakult fermented milk
      336 words
    • Article
      Split will boost liquidity: Japan Growth Fund
      205 3 JAPAN Growth Fund unitholders will enjoy greater liquidity with the recent of the fund into smaller units by its manager, DBS Asset Management Ltd. All unitholders will now be entitled to an additional unit for every existing two held as at end-June. The
      205 words
    • COMPANY BRIEFS
      • Article
        LTAT not changing Boustead's business
        141 3 LEMBAGA Tabung Angkatan Tentera (LTAT), which is buying the remaining paid-up capital in Boustead Holdings Bhd, does not intend to make any immediate changes in Boustead's business unless it is required under its rationalisation and expansion programme. Permata Merchant Bank Bhd said on behalf of
        141 words
      • Article
        SPPP turns in M$ 2.2m profit
        105 3 SYARIKAT Permodalan dan Perusahaan Perak Bhd (SPPP), a company listed on the Bumiputra Stock Exchange (BSE), reported a pre-tax profit of M 52.24 million for 1989 as against M 51.51 million in 1988. Chairman Datuk Mohamad Ramli Kushairi said that during the period under
        105 words
      • Article
        Mechmar on Abric acquisition
        50 3 MECHMAR Corp (M) Bhd says that its proposed acquisition of 3.1 million ordinary shares of Msl.oo each in Abric Holdings Sdn Bhd is part of its plan to diversify its business into manufacturing. It said the acquisition will stabilise the group earnings with strong recurring profits.
        50 words
      • Article
        Trading in Austral rights shares
        75 3 AUSTRAL Enterprises Bhd's rights issue of 31,028,907 new ordinary shares of Msl.oo each on the basis of three-for-four at an issue price of M 52.30 per share will be granted a listing and quotation with effect from 10.00 am tomorrow. The: shares will not be
        75 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      121 3 Scalpel...scissors._sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer. all the current trends that affect them. you need to be kept well informed to maximise returns on your money. Kssential information accessible every business day through Business Times. In the same way a surgeon needs his tools to
      121 words
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      Page 3 Advertisements Column 2
      26 3 \.ll M ***** < > -i. < v T a w%-: —j > ■>' ?>, is S y %sTI N O HY A NC V lINOAf Oil, 10-12 SCOTTS BOAD, SINGAPOBI 0922
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  • Page 3 Miscellaneous
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Listing approval for Sri Thana Finance soon
        100 4 SRI THANA Finance Co, the former Bank of America subsidiary called BA Finance Co, is expected to receive listing approval from the Bangkok Stock Exchange in about 45 days. The company is raising its capital from 60 million baht to 80 million baht
        100 words
      • Article
        Plan to open 70 petrol stations
        68 4 AMERICAN oil firm Mobil Oil and Thai-owned United Services Co (Susco) plan to open almost 70 additional petrol stations throughout Thailand before the end of this year. The two companies, which have established a joint trading agreement, will spend more than 500 million baht
        68 words
      • Article
        SGS (FE) plans Vietnam office
        60 4 v SGS FAR EAST Ltd, a subsidiary of the large inspection and survey firm SGS Ltd, plans to open a representative office in Ho Chi Minh City, Vietnam. SGS Far East managing director Anupong Rojanakarin said that the Geneva-based headquarters recently told the Thai office
        60 words
      • Article
        Honda plans Thai service centre
        78 4 HONDA Cars (Thailand) Co Ltd will establish its largest comprehensive service centre in Thailand at Bangna at a cost of 155 million baht. The company plans to centralise a number of services, including an extension showroom, a service and spare parts section, a painting and
        78 words
      • Article
        Pay rises for Thai bank staff
        83 4 THE STATE-RUN Krung Thai Bank has announced pay rises of between 4.52 per cent and 14.13 per cent for its staff, retroactive from April 1. The Thai Finance Ministry has agreed in principle to the new pay scale, which sees the maximum salary rise
        83 words
    • Article
      Lock icon Merchant bank DFC to issue new instruments
      468 4 Reuter FAILED merchant bank DFC New Zealand Ltd will issue new instruments as part of its plan to repay creditors the face value of their claims, according to statutory manager Sandy Maier. "We would in essence restructure all the liabilities of the corporation,
      Reuter  -  468 words
    • Article
      Lock icon Tata's profits prove sceptics wrong
      574 4 AFP INDIA'S largest private company, Tata Engineering and Locomotive, proved sceptics wrong last week when it turned out record results for 1989-90. The company had virtually ceased production for a month at its main Pune plant in October because of labour unrest. But as chairman
      AFP  -  574 words
    • Article
      Market fever quickens pulse of Chiang Mai
      324 4 INVESTORS in Chiang Mai in northern Thailand are showing increasing interest in investing in the securities exchange as stock market fever catches on in the region. It is estimated that in the first half of this year Chiang Mai investors channelled some S
      324 words
    • Article
      Lock icon Shimizu to build KL's embassy in Tokyo
      139 4 Bernama THE MALAYSIAN government has signed a contract with a leading Japanese firm for the construction of its embassy project in Tokyo. The three-part project, comprising the chancellery building, ambassador's official residence and the embassy staffs residence block, will be undertaken by Shimizu
      Bernama  -  139 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      220 4 iPORStiBCESSTOL MANAGEMENT OF TOtm BPSINESB 1 Each Monday MANAGEMENT pages in •At Transcar, we've Easy financing with $129 per month. also got a very Whichever cellular Phone you can look forward within one working our you your payments over 1- 10 months. With the replacement. If all j| NoKia P-30
      220 words
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      Page 4 Advertisements Column 2
      220 4 JSJ AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE M I < Z o O 5 m < > j J X -H fA uv Um >/ vMH^HD^S||^HI A i 1 Z When you visit a country as guest is greeted
      220 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Mixed reaction to Philips' restructuring plan
      430 5 Reuter DUTCH share analysts have given a mixed reception to a drastic restructuring plan announced by electronics group NV Philips' Gloeilampenfabrieken, with opinions varying on whether the plan would be effective. Philips president Jan Timmer told a shareholders meeting on Monday that Philips would
      Reuter  -  430 words
    • Article
      Lock icon Security Pacific wins bid for Gibraltor
      325 5 NYT SECURITY Pacific Corp, the fifth-largest banking company in the US, has said that it had won the bidding for a failed savings and loan company in California in one of the largest sales yet by the government of an insolvent savings institution. Security
      NYT  -  325 words
    • Article
      Lock icon Coke grooms new generation of top managers
      392 5 Reuter COCA-COLA CO's announcement of new jobs for several top executives, as well as President Donald Keough's decision to remain two years past age 65, has been described by analysts as part of an orderly grooming by the giant beverage firm for a
      Reuter  -  392 words
    • Article
      Lock icon Pathe reviewing Time Warner suit
      239 5 Reuter PATHE Communications Corp is reviewing a suit filed in the Superior Court in Los Angeles on Friday by Time Warner Inc alleging it breached several contracts and will not comment on the suit, a spokesman for Pathe said. In the suit, Time Warner said
      Reuter  -  239 words
    • Article
      Lock icon Forstmann to buy supplier
      107 5 NYT FORSTMANN Little Co announced in New York on Monday it had agreed to buy General Instrument Corp, a leading supplier to the cable television industry, for U5544.50 a share, or $1.6 billion. This is Forstmann Little's second buyout this year, after nearly two years in
      NYT  -  107 words
    • Article
      Lock icon Monsanto revamp
      68 5 Reuter MONSANTO Co has completed the restructuring of Mitsubishi Monsanto Kasei, its joint venture with Mitsubishi Kasei Corp. As a result, Monsanto, through its Monsanto Japan Ltd subsidiary, will take over the responsibilities for Saflex plastic interlayer, Santoprene thermoplastic rubber, speciality and rubber chemicals. A new 50/50 venture,
      Reuter  -  68 words
    • Article
      Lock icon Stand-off at banana talks
      169 5 AP STRIKING banana workers in Honduras negotiated for a third day with the US-owned Chiquita Brands company on Monday but failed to reach agreement, and other unions continued sympathy strikes. "Negotiations to find a solution to the problem will be long," union president Rene Ayestas said.
      AP  -  169 words
    • COMPANY BRIEFS
      • Article
        Listing approval for Sri Thana Finance soon
        100 5 SRI THANA Finance Co, the former Bank of America subsidiary called BA Finance Co, is expected to receive listing approval from the Bangkok Stock Exchange in about 45 days. The company is raising its capital from 60 million baht to 80 million baht
        100 words
      • Article
        Plan to open 70 petrol stations
        68 5 AMERICAN oil firm Mobil Oil and Thai-owned United Services Co (Susco) plan to open almost 70 additional petrol stations throughout Thailand before the end of this year. The two companies, which have established a joint trading agreement, will spend more than 500 million baht
        68 words
      • Article
        SGS (FE) plans Vietnam office
        59 5 SGS FAR EAST Ltd, a subsidiary of the large inspection and survey firm SGS Ltd, plans to open a representative office in Ho Chi Minh City, Vietnam. SGS Far East managing directtor Anupong Rojanakarin said that the Geneva-based headquarters recently told the Thai office to
        59 words
      • Article
        Honda plans Thai service centre
        78 5 HONDA Cars (Thailand) Co Ltd will establish its latest comprehensive service centre in Thailand at Bangna at a cost of 155 million baht. The company plans to centralise a number of services, including an extension showroom, i service and spare parts section, a painting and
        78 words
      • Article
        Pay rises for Thai bank staff
        86 5 1 4 THE STATE-RUN Krung Thai Bank has announced pay rises of between 4.52 per cent and 14.13 per cent for its staff, retroactive from April 1. The Thai Finance Ministry has agreed in principle to the new pay scale, which sees the maximum
        86 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      125 5 sth-Bth July 1990 11 a.m.-6.00 p.m. World Trade Centre Hall 3, Singapore Meet the challenges of the 90s right here at Asia Weldex/Fastener 90. Asia Weldex/Fastener '90 promises to be the most successful event that promotes the welding, engineenng, metalworiong and building industries To the prospective visitor Asia Weldex/Fastener 90
      125 words
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      Page 5 Advertisements Column 2
      32 5 RECRUIT EARLY Advertise in the APPOINTMENTS pages r S.T. Dupont Invites You To Discover Their Ready to-Wear Collection For Men. cS&SkuiofiL #02-07 WISMA ATRIA, 435 ORCHARD ROAD. SDMGAPORE 0923. TEL: 734 5593
      32 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Mortgage association prices US$ 350m remics
        97 6 THE US Federal National Mortgage Association said on Monday that it priced a US$35O million offering of real estate mortgage investment conduit securities (remics). A portion of Class 1 (principal only) and a portion of class 2 (interest only) of stripped mortgage backed securities
        97 words
      • Article
        Guyana gets US$ 81m in loans
        82 6 A WORLD BANK subsidiary said it has approved two loans totalling USSBI million to help restore Guyana's economic growth after 15 years of decline. The International Development Association, which offers interest-free loans to poor nations, said one loan of US$7B million would support farm
        82 words
      • Article
        AMB shares suspended
        62 6 TRADING in the shares of insurer Aachener und Muenchner Beteiligungs-AG (AMB) was suspended yesterday on the Duesseldorf stock exchange ahead of an announcement, a bourse official said. AMB shares closed on Monday at 885 marks. The company was scheduled to hold its annual shareholders' meeting yesterday. Dealers
        62 words
      • Article
        Change in Bond's balance date
        102 6 BOND CORP Holdings Ltd said in Perth yesterday that directors have resolved to change the company's balance date to Sep 30 from June 30 this year. The change will also affect all Bond Corp subsidiaries. A National Companies and Securities Commission spokesman said it was
        102 words
      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
        2 words
    • Article
      Lock icon Donors extend aid plan to four E Bloc nations
      454 6 AFP FOREIGN MINISTERS from 24 donor democracies will today admit four East European countries to a programme that has already helped to channel more than US$l2 billion in aid and fresh credit to Poland and Hungary, say diplomats in Brussels. Bulgaria,
      AFP  -  454 words
    • Article
      Lock icon IMF to raise financing by 50pc
      222 6 AFP THE 151-member nations of the International Monetary Fund (IMF) have agreed to increase total financing by 50 per cent, pushing it up to US$lBO billion, IMF officials announced on Monday. If the increase is ratified, it would raise total contributions to the fund
      AFP  -  222 words
    • Article
      Lock icon US govt to hold international property auction
      250 6 NYT WASHINGTON will hold an international auction in late September, via satellite, for properties worth more than US$l million each that were acquired from insolvent savings and loan institutions. White House officials said on Monday that potential buyers from Japan, Britain and Canada
      NYT  -  250 words
    • Article
      Lock icon US consumers to sue over loan errors
      549 6 NYT AMERICAN homeowners and consumers will soon file a class action suit against lenders whose errors are estimated to have cost them billions of dollars in overcharges on adjustablerate mortgages and consumer loans. The suit, to be filed in Indiana in three to
      NYT  -  549 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      413 6 J5% /f B> y «-JSmKT ±*r' jf li* v J| <*> JL Bffi"-" >v Finally, A Jet That Breaks The Speed Record 1 Without Shattering The Sound Barrier. c > You can imagine the murmurs of disquiet any louder than the whispering wind. Like an easy-to-understand and easier-to- fonts. (Incidentally,
      413 words
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  • THE REGION
    • Article
      Lock icon Malaysia expected to make early decision on VAT
      557 7 MBT THERE ARE strong indications that the consumption tax, in the form of value added tax (VAT), will be introduced in Malaysia sooner rather than later. Many quarters believe that it will be announced in the 1991 budget in October, although Finance
      MBT  -  557 words
    • Article
      Lock icon Czechs keen to set up joint ventures with KL
      362 7 Bernama CZECHOSLOVAKIA is keen to provide engineering equipment as capital input for setting up possible joint ventures, or any form of economic and industrial cooperation either based in Malaysia or in Czechoslovakia, an official of its Federal Ministry of Foreign Trade
      Bernama  -  362 words
    • Article
      Lock icon NZ economy unlikely to find its feet till after poll
      447 7 Reuter THE NEW ZEALAND economy is expected to drift before a general election which is due by October, with large companies delaying investment decisions until the political environment becomes clearer, economists said. Finance Minister David Caygill is seen having little
      Reuter  -  447 words
    • Article
      Lock icon Khmer Rouge holds talks with ex-Thai minister
      190 7 AFP KHMER ROUGE leaders went into talks on Cambodia in Bangkok yesterday with former Thai defence minister Chavalit Yongchaiyuth. Khieu Samphan, the figurehead leader of the radical Marxist group which dominates a guerilla coalition fighting the Phnom Penh government, and Son Sen, the
      AFP  -  190 words
    • Article, Illustration
      Lock icon Imelda Marcos found not guilty of federal charges
      448 7 AP A FEDERAL jury in New York on Monday cleared Mrs Marcos of charges that she looted the Philippine treasury of US$222 million to buy real estate, jewellery and art. The second defendant, Adnan Khashoggi, was acquitted of charges that he helped
      AP  -  448 words
    • NOTE BOOK
      • Article
        Mier to be reorganised1 into three divisions
        84 7 Mier to be reorganised 1 into three divisions THE MALAYSIAN INSTITUTE of Economic Research (Mier) will be reorganised into three divisions in order to gear it to private sector needs as well as to strengthen some important areas of policy research. Mier chairman Tan Sri Haji Basir Ismail said Mier
        84 words
      • Article
        Massive redundancies denied
        94 7 CAMBODIAN OFFICIALS HAVE REFUTED overseas reports of massive redundancies in the civil service an<4 said that the trimmed figure is due to privatisation. An informed Cambodian source said that the state had private ised rubber plantations in the past few months employing some 30,000 people. The Phnom
        94 words
      • Article
        Plans to seize Battambang
        84 7 CAMBODIA'S KHMER ROUGE plans to capture Battambang shortly, the country's second largest city, a leader of the guerilla movement said in Bangkok on Tuesday. Khmer Rouge guerilla force commander Son Sen said they "want: ed to seize Battambang even before the meeting in Paria'% Mr Son
        84 words
      • Article
        US worker wants to stay on
        88 7 A 71-YEAR-OLD AMERICAN aid worker resigned from the Peace Corps and elected to remain in the Philippines when Washington decided to pull out all volunteers due to communist guerilla threats, the US Embassy in Manila said on Tuesday. When Joseph Sage received the recall
        88 words
      • Article
        Call to Nepalese women
        66 7 NEPALESE WOMEN SHOULD take advantage of Nepal's! new freedoms, the nation's Minister of Commerce and Industry said, as she inaugurated an export marketing workshop in Kathmandu for Asian women executives. Sahana Pradhan, referring to the multi-party political system that has replaced a non-party system in the
        66 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      181 7 I Ag SKM rh nihMii i Our strong base in the home network of 3,000 local "Volksbanken" Our presence in the Far East. Hong market facilitates your worldwide and "Raiffeisenbanken", Europe's Kong, Singapore, Tokyo, Kuala Lumpur, operations. What distinguishes us most extensive branch network. Head Office: DG BANK, Am Piatz
      181 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Tokyo economy still growing steadily: report
        73 8 JAPAN'S economy is still growing steadily, supported by strong capital spending and consumer demand, according to a government Economic Planning Agency (EPA) report released yesterday. The EPA, which surveyed all economic sectors in late June, said the business outlook was generally optimistic. "Most (industry)
        73 words
      • Article
        More table linen for Japan
        90 8 THE EUROPEAN table linen industry can expect to increase its sales to Japan by 5 per cent annually over the next 10 years, an industry official said in Tokyo on Monday. The Paris-based International Confederation for Linen and Hemp (CILQ expected Japan to buy between
        90 words
      • Article
        Growth in US manufacturing
        91 8 THE MANUFACTURING SECTOR of the US economy grew for the third consecutive month in June, according to a survey of American corporate purchasing executives released on Monday. The Purchasing Managers Index, released monthly by the National Association of Purchasing Management, rose slightly to 51.1 per cent
        91 words
      • Article
        Venezuela poised to join Gatt
        106 8 VENEZUELA expects to join the General Agreement on Tariffs and Trade (Gatt) in September, after an international working group last week approved its membership, said Venezuela's chief negotiator on Monday. The country's acceptance into the 96-nation trade group had been delayed by objections from the
        106 words
      • Article
        Deal averts strike in Norway
        64 8 NORWAVs main trade union federation yesterday agreed on a new 1990 pay deal for its 250,000 members in the private sector, averting a threatened indefinite strike by 35,000 workers. The new accord between leaders of the LO union federation and the Confederation of Norwegian Business
        64 words
    • Article
      Lock icon Kaifu urged to work for lOpc cut in consumer prices
      235 8 AP JAPAN'S largest labour union and its major employers' organisation have urged Prime Minister Toshiki Kaifu to work for a 10 per cent reduction of consumer prices by 1992. The proposal on Monday followed a joint study on workers' welfare
      AP  -  235 words
    • Article
      Lock icon China welcomes Taipei businessmen
      560 8 Reuter CHINA has rolled out the red carpet for 600 Taiwan businessmen on a tour that Beijing hopes will help offset flagging investment from other countries. It is the biggest business group to visit from Taiwan, which is still technically at war with Beijing. The businessmen,
      Reuter  -  560 words
    • Article
      Lock icon New Tokyo policy expected to help US businesses
      258 8 AP THE JAPANESE government has agreed to make major changes in the way it enforces anti-monopoly laws on companies in Japan, the US Justice Department's top anti-trust official said in Washington on Monday. More rigorous enforcement of laws banning price fixing, bid-rigging,
      AP  -  258 words
    • Article, Illustration
      Lock icon Black market petrol flows unabated
      43 8 Despite the Soviet Union's official announcement of the end of the economic blockade it imposed on Lithuania following its declaration of independence in March, black market dealing in petrol supplied by neighbouring republic continues. AFP photo AFP photo
      AFP photo  -  43 words
    • Article
      Lock icon Tokyo reluctant to take part in Soviet aid plan
      556 8 Reuter JAPAN is reluctant to join an aid package to the Soviet Union at next week's summit of the Group of Seven (G-7) major industrial democracies, and will take part only if the other six members agree to go ahead, say
      Reuter  -  556 words
    • Article
      Lock icon Tough US stand on Soviet aid, EC subsidies
      507 8 Reuter THE US has ruled out direct financial aid for the Soviet Union and warned that failure to break the USEuropean Community deadlock over farm subsidies could throw world trade into turmoil. Richard McCormack, a top US State Department official, said on
      Reuter  -  507 words
    • Article
      Lock icon Ecologists to keep issues alive at Houston summit
      366 8 Reuter ECOLOGISTS plan to keep environmental problems facing the planet in the public eye during next week's Houston economic summit although these issues are not expected to be at the top of the official agenda. Representatives of the world's seven leading industrialised
      Reuter  -  366 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      203 8 Rent A Car And Stay In Style With Thrifty Hotel Rates. Shangri-La Penang PtR MY PER SINGLE ROOM |l W M JiMtSEm I In golden Penang, the sun smiles on all visitors. And we'd like to |p see you smile too. That's why, from now till 31 July '90, for
      203 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      93 9 4 t i t& if k 0 4 i f us 4» sCathay Pacific. Now direct to Los Angeles. HilLV 2* v l \W /"N i 4 'CflUfOUHlfl 57FINNZ Cathay Pacific now brings East and West closer together. Beginning 1st July, our new Rolls-Royce powered 747-400 aircraft will cross the
      93 words
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  • Article
    Fulfilment of opportunities
    497 10 EDITORIAL FEARS that an outburst of inflation, followed by higher interest rates, may undermine the economic union of the two Germanys appear to have been overstated. Earlier this week, provisional figures showed that East Germans had withdrawn only 4.5 billion marks (US$3 billion), a fraction of the
    497 words
  • WHAT THE OTHERS SAY
    • Article
      Ozone diplomacy at work
      214 10 LAST WEEK'S international conference on protecting the earth's ozone layer can be termed a success because of the positive precedent it sets for the emerging field of environmental policy. It was called to strengthen the 1987 Montreal Protocol, which aimed at halving CFC consumption by 1998.
      214 words
    • Article
      Thoughts on sacrifice
      134 10 TODAY is Aidiladha or the Day of Sacrifice the giving of oneself or his most treasured belonging to the Almighty. It also signifies the haj season of pilgrimage to the Holy Land. The rising number of haj pilgrims attests to our growing affluence. It also shows that
      134 words
    • Article
      True to tradition
      115 10 AS SINGAPOREANS' lifestyles and cultural tastes change, community centres need a new image to stay relevant. A name change to "community club" reflects precisely the aspirations of the up-and-coming middle-class society. However, no matter how societal values have changed, there are still many who cannot identify with
      115 words
  • REGIONAL VIEWPOINTS
    • Article
      Cooperation all round
      128 10 FOR Asia-Pacific countries, it is unclear whether the region will continue becoming the focus of world economic growth in the *****. This prospect remains realisable, however, given the pace of development already existing in many of these countries and the complexities and time frame involved in building
      128 words
    • Article
      A little stimulation
      131 10 OUR understanding of Pancasila as an open ideology as stated by the president is that in cases such as the construction of a hydro-electric project, the local inhabitants should be consulted beforehand, and a joint effort should be made by officials and by icprcsentatives of the affected
      131 words
    • Article
      The darker, uglier side
      216 10 THE robust economy manifested by the mushrooming of industries, high-rise condominiums and resort hotels, the emergence of the "new rich" and the frenzied land speculation, among other things, tell only half the truth of the "success" side of the story. Beneath the facade of the industrial
      216 words
  • Article, Illustration
    Lock icon Things fall apart, the centre cannot hold
    921 10  -  These are days of change and confusion in the Soviet Union as Mikhail Gorbachev forges ahead with reform while attempting not to rock the boat too much. Flora Lewis reports Flora Lewis NYT The weather is pleasant and things look the same. There
    NYT  -  921 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      82 10 ACROSS THE NATION AROUND THE WORLD Tenders Close 4.00pm Friday, July 27,1990 Chinatown Precinct holds the key to a new Retail Dynasty. Refurbishment or *2 Mall/3 Street Frontages Redevelopment Site Area: 5360 m* approx Plot Ratio; 4:1 Q.F.A.: 20,000m 8 approx With the Council and Qovernment's committed strategy to the
      82 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      53 10 DOONESBURY MIKE, THESE ~ujho< i~7£~] UH.MJEU.SJR, r N&uLAfom THAT iNseaidPesPFAvs IF THAT'S <VHAT X i SENSE ARE SUPERB' MB 9tL- TH&RE INVCW£P IN |l XX/PUKEME llT' SOME I THINK YOU'RE SOME m9f UT&mON I TO DO, I SUP- UUII t AMOIVA- ME,TOO REAP/FOR A RJ6HT NOW, AND THEY I POSE
      53 words
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  • ANALYSIS
    • Article
      Normalisation of ties a painstaking process
      892 11  -  It has been a long road to the re-establishment of ties between Jakarta and Beijing. David Gabriel looks at how the obstacles have been overcome David Gabriel THE SPEED with which Indonesia and China have, after 23 years of estrangement, moved to restore diplomatic
      892 words
    • Article, Illustration
      Aussie property beckons once more
      1207 11  -  Bargain hunters in Singapore, Hongkong and Taiwan are showing strong fresh interest in Australian properties, especially in the hotel and tourism sector. Values of hotels have fallen by 30 per cent or more and returns have increased. Hardly surprising then, that astute investors among them
      1,207 words
    • Article, Illustration
      Room for growth
      946 11  -  In a sharp turnaround from 1989, hotel rooms are filling up fast, and tourist arrivals in Australia are surging ahead, reports Florence Chong Florence Chong THE AUSTRALIAN tourism industry is recovering from the black hole in 1989 when the occupancy rate of some top properties in Sydney
      946 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      132 11 bu|rn<2 Air Freight Forwarders Required for Acquisition A major worldwide transportation operator seeks to acquire successful airfreight forwarders currently operating profitably in Singapore. Our client is looking to acquire non-aligned freight forwarders with a heavy emphasis on air cargo. They would prefer forwarders with substantial forwarding activities within Asia, and
      132 words
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  • FOCUS 1
    • Article, Illustration
      Lock icon New cracks in a jigsaw empire
      1044 12  -  The Central Asian republics are beginning to assert independence from Moscow, says Francis Clines Francis Clines NYT WHILE Moscow tries to find an commodation with the rebellious Baltic republics, the flow of political authority from the Gorbachev government to the provinces is accelerating in
      NYT  -  1,044 words
    • Article, Illustration
      Lock icon Man of the moment
      973 13  -  Is Helmut Kohl a true sculptor of history or is he merely at the right place at the right time, asks Serge Schmemann Serge Schmemann NYT WHENEVER talk in Bonn turns to Helmut Kohl, someone inevitably recounts how some rival, imagining Mr Kohl to be a
      NYT  -  973 words
    • Article
      Lock icon A challenge to the state
      794 13  -  Nicholas Kristof examines a newfound assertiveness among China's 15 million Muslims Nicholas Kristof NYT GOD is great! begins the muezzin's cry, and the men put down their cups of tea and amble towards the nearest mosque to join a rising tide of Islam, which is
      NYT  -  794 words
  • Page 12 Advertisements
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      36 12 How to your Weames for only Offer OfeavrrrfTiS' Sole distributor: [TTjWearnes k>i 11 m d c YSTEMS f Automation MUM r oupport j A MEMBER OF WEARNES TECHNOLOGY A MEMBER Of WEARNES TECHNOLOGY g Tel: *****11
      36 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      212 13 EMIRATES. REFINING THE SHAPE OF AIR TRAVEL kliHlfl Wj&4jfl 3 y^ r r<- r **v v e i'^w, M^Br^fiiiitH^^BPHllr^*-"•' *>J(w^: flv ■■^■BB^^^E^EflKJ^ygJl^rapH^ggKSpPl^^^Bplff^v^^^ f X'liasH*- t4, V. /ißflßoF^ 'r^^ > > i^WPi I TBI IT i r V *< /*^PE. vj 17 th June saw the introduction of Emirates' twice weekly
      212 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      247 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some like it hot. I *1 m I j** y I Imm v I s|sr£ The Szechuan Court is proud to present the return of The Xi'an Master Chefs from The Golden Flower Hotel
      247 words
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      Page 14 Advertisements Column 2
      261 14 W& DIANXIN THMPTATION! Treat yourself to a Delectable Dian Xin lunch. iMI-vou-can-eat for only 116.80* per person Lunch Hours: 11.30 am 2.30pm *Hu> 10% HfMCC ilmy A 4% flurcrniwnu ux hymt regency ©Singapore l<> 12 Scons KiuJ W.'.' lei *****HK Business Set Lunch Business lunch can be good yet affordable.
      261 words
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      Page 14 Advertisements Column 3
      146 14 £3«r^CS^ Sky Garden Poolslde Daily: 6.30 10.30 pm Adult. $12.50 Child: $8 •Complimentary birthday cake for a Plaza Hotel minimum of ten fteasc make ».»«.101 awnMHii rrsenatlons 4 days In advance. h k>mi sa«*Mr »7w m >nihi I <tom yf 1 Served nightly from $15.00+4- Adult $10.50++ Child 04 For
      146 words
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      Page 14 Advertisements Column 4
      305 14 a Oyster Rockefeller, Roast Porkloin stuffed with chillies, Prawns Creole, Flapjacks, Apple Pie... the list goes on at The Belvedere's American Buffet in July. For a true-blue American meal, c'mon over to The Belvedere American Idkt If July 1-31, noon 2.30pm Adult: $36+ Child below 10 $18+ We serve the
      305 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      738 14 TELEVISION AND RADIO x T J J A 5.10 T*e Perts*ers(Cartoon). (C, ep 17). vprv nnvfitp tuition 515 asM— ▼vl y Ul 1 T tllv lUlllV/ll 8.55 PM tuHi 'M WCMKM>. 5.40 Mart *a|a Ma|l Otmm S»«lal tvh BSC, M.9 nHz la VHF Band N y 8.00 Sporting CUu Track
      738 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Guarding Tennessee's temple
      943 15  -  Paula Span meets a lady bent on the public rehabilitation of Tennessee Williams Paula Span IHT >d HE arrives at the t theatre precisely on time, shakes hands warmly, says she's delighted, but would you mind if she takes a moment, before the notebook is opened and
      IHT  -  943 words
    • Article, Illustration
      Lock icon Viva la corrida! OLE!!
      755 15  -  Stephen Brown discusses the billion-dollar business behind the bullfights of Spain Stephen Brown Reuter WHEN a matador faces half a tonne of lethal horned beef in the bullring more than his life is at stake, for Spain's fiesta nacional (national festival) is a billiondollar business. The
      Reuter  -  755 words
    • Article
      World's oldest reigning monarch turns 87
      866 15 CHATTERBOX KING OLAV V of Norway, the world's oldest reigning monarch, turned 87 on Monday. King Oiav celebrated his birthday with family members, including his heir 53-year-old Prince Harald, at his summer residence at Bygdoe Kongsgaard where he was recuperating after a stay in
      866 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      294 15 AND ENTERTAIN ATXste For ttat.tant Masterpieces. Sttfcffc TO 16 JULY 1990 BUFFET DINNER |~UU *£NJ S T W,; t' to" 1 ST CHARGE AND 4% CESS From 6 to 16 July, wc present you with the taste sensations of Italy. Auth<jntic specialties prepared with the freshest ingredients. And to spare
      294 words
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      Page 15 Advertisements Column 2
      243 15 AM manner of Teochew delicacies await you at two very convenient locations on Battery Road in the Business District, and at Centrepoint on Orchard Road. Whether you're planning a celebration for 10 or 300. well gtve you a feast from the sea. presented by our famed master chefs. Chuan Hai
      243 words
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  • SPORTS
    • SIDE LINES
      • Article
        Bauer's Tour lead narrowed
        70 16 CANADIAN Steve Bauer finished in a pack of nearly 200 cyclists on Monday, two minutes and 29 seconds behind third-stage winner Moreno Argentin of Italy, losing two seconds off his overall lead in Nantes, France. Bauer finished 37th, just ahead of defending champion Greg LeMonde, in
        70 words
      • Article
        Sad day for Stewart
        110 16 A FIGHT set for last night in New York is supposed to be a Qune-up for Alex Stewart, who is scheduled to fight former heavyweight champion Mike Tyson in September. The scheduled 10-round bout against Jamie Howe will come five days after Stewart's 27th birthday, which
        110 words
      • Article
        New home for US Open
        59 16 tHE US OPEN tennis championships will have a new home decade, possibly as soon as 1995. US Tennis Association president David Markin said in New York on Monday that a ffiW National Tennis Centre would be built to house the Open, Jvhich has been staged
        59 words
    • Article, Illustration
      Lock icon Graf sends Capriati packing
      795 16 AP STEFFI GRAF showed Jennifer Capriati on Monday how much the 14-year-old has to learn about grass-court tennis. Using powerful forehands, slicing serves and a rock-solid net game, the top-ranked Graf beat her youngest challenger in straight sets in their first meeting to reach the quarter-finals
      AP  -  795 words
    • Article, Illustration
      Lock icon All eyes remain on Maradona
      570 16 AP THE NAME of Diego Maradona again dominated discussions on the eve of the World Cup semi-finals. The little maestro has made little impact during defending champion Argentina's struggle to the final four, but he remains the name on everyone's lips. The questions surrounding his
      AP  -  570 words
    • Article
      Lock icon Loyalties divided among Naples fans
      186 16 AP NEAPOLITANS, among Italy's most passionate soccer fans, are trapped in the fire of two sentiments. One group sides with its Argentine idol, Diego Maradona, and the other with the national team. Maradona, the star of Napoli in the Italian First Division, plays in the
      AP  -  186 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      688 16 METRO HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventeenth Annual General Meeting of the Company will be held at 65 Chulia Street, #33-00 OCBC Centre, Singapore 0104 on 20 July 1990 at 12.00 noon to transact the following business: 1. To receive, consider and
      688 words
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      Page 16 Advertisements Column 2
      333 16 GB HOLDINGS LIMITED (incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Company's Registered Office, 26 Jalan Terusan, Jurong Town, Singapore 2261 on Wednesday. 25th July 1990 at 10 00 a.m. to transact the following business:
      333 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Gains seen mainly in industrial sector
      3754 17 Bernama PRICES on the Kuala Lumpur share market ended on a mixed note yesterday with selected counters closing off their best on light profit-tak-ing. Some index-linked buying helped the KLSE Composite Index of 80 counters to post a marginal rise of 1.71 points from
      Bernama  -  3,754 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      141 17 BT SURVEYS Looking Wider, Thinking Deeper Some sutyects are of such interest to our readers that they demand more space and more research than can be given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Pilling the gap
      141 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Stronger yen drives prices to a higher close
      2280 18 TOKYO STOCKS closed higher yesterday on a stronger yen and on scattered buying of the cash indices. Investors mainly looked for cheap small-capital, low-priced issues, but high tech blue chips recovered from Monday's profit taking on scattered afternoon buying. All eyes were
      2,280 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Stocks close firmer but off day's highs
      2521 18 HONGKONG stocks ended firmer but off intraday highs as profit-taking eroded early gains yesterday, brokers said. "Profit-taking came in in the afternoon session," a broker with a US house said. The Hang Seng index closed 37.08 higher at 3,356.55 after hitting a post-October
      2,521 words
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  • REGIONAL STOCK MARKETS
    • Taiwan stocks at lowest level since Jan '891
      • Article
        AUSTRALIA
        1050 19 THE AUSTRALIAN sharemarket finished sharply firmer yesterday on a Dow Jones index rise of 19 points and with the help of several buying programs. The All Ordinaries Index ended just off the day's high, closing 16.9 points stronger at 1.512.7. One broker said the rise was surprising as expectations
        1,050 words
      • Article
        MANILA
        583 19 PHILIPPINE SHARES slid lower in thin trade yesterday on traders' disap- pointment at the acquittal of Imelda Marcos on US racketeering charges, brokers said. The Manila Stock Exchange composite index closed 17.72 points lower at 852.45, down 2 per cent from Monday. The market is afraid that her wealth
        583 words
      • Article
        BANGKOK
        597 19 THAI stocks rallied to a sixth consecu- tive record close in heavy trading yesterday but prices closed off their highs on late profit-taking, brokers said. The SET Index rose 4.86 to end at a record 1087.53 with a record 75.5 million shares changing hand. Many banks hit the 10
        597 words
      • Article
        SEOUL
        866 19 SEOUL STOCKS surged across the board yesterday as senior North and South Korean officials reported progress as their long-stalled talks resumed, brokers said. The composite stock index closed at 745.04, up 31.86 points from Monday's close. Turnover was 111.9 billion won against 93.5 billion in the previous session. Brokers
        866 words
      • Article
        TAIPEI
        376 19 TAIWAN STOCKS closed at the lowest; point since the first trading day in 1989 on selling pressure yesterday, dealers said. The weighted index fell 143.71 points to finish at 4,905.87, the lowest since January 5, 1989. Turnover was NT532.9 billion against NT533.3 billion on Saturday. The market was closed
        376 words
      • Article
        NEW ZEALAND
        344 19 NEW ZEALAND share prices closed mostly higher yesterday on high turnover which brokers said is a good sign for the market. Volume of NZ$63 million was boosted by a special sale of NZ$45 million worth of Robt Jones Investments. The Barclays Index was up an estimated 5.65 at
        344 words
      • Article
        Untitled
        831 19 Close PrrrVms July 3 SYDNEY All Ordinaries Index 1512.7 1495.8 +16.9 All Industrials Index 2384.1 2359.2 +24.9 All Resources Index 851.0 840.4 +10.6 Turnover (million) 79.86 117.38 +37.52 BANGKOK SET Index 1087.53 1082.67 +4.86 Turnover (nearest 000) 75,500 59.793 15,707 JAKARTA Composite Index Closed 629.12 Turnover (nearest '000) Closed NA
        831 words
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  • WORLD STOCK MARKETS
    • Wall Street makes moderate gains
      • Article, Illustration
        NEW YORK
        1171 20 SELECTIVE BUYING in a narrow tier of shares that included several takeover stories helped US stocks end the first trading day of the new quarter with moderate gains on Monday. However, the thin volume reflected the absence of many players ahead of the US Independence Day holiday. Late
        1,171 words
      • Article, Illustration
        LONDON
        794 20 SHARE PRICES fell on London's Stock Exchange on Monday. But shares finished off their lows, helped by a moderately healthy performance on Wall Street and bargain hunting in London. The market hit bottom at 3 pm (1400 GMT), when the FT-SE 100share index was down 6.4 points. That's when
        794 words
      • Article
        BRUSSELS
        175 20 BELGIAN SHARES were mixed to higher at the opening yesterday but some early gains were lost in the first half hour of trading. Traders said volume was low and trading focused on position squaring ahead of the close today of the latest trading account period. Oil company Petrofina gained
        175 words
      • Article
        FRANKFURT
        298 20 DOMESTIC INVESTORS scrambled to take profits after foreign buying on Monday boosted German share prices nearly 2 per cent. Foreign players, meanwhile, remained sidelined before today's issue of the first "unity bond" to finance German unification. Chancellor Helmut Kohl has set Dec 2 as the date for an all-German
        298 words
      • Article
        MILAN
        192 20 THE Italian stock market opened steady after Monday's sharp falls, but Fiat continued to slide losing another 1.5 per cent by mid-morning. The MIB index was 0.4 per cent higher at 0900 GMT, with the trend pointing to a close little changed. The continued selling of Fiat came despite
        192 words
      • Article
        PARIS
        266 20 FRENCH SHARE prices rallied on the back of a strong futures market yesterday, but Peugeot shares dropped sharply after an official report said demand for cars fell in France during the last quarter, dealers said. The CAC-40 index stood at 2037.96 at 1120 GMT, up 8.42 from Monday's close
        266 words
      • Article
        ZURICH
        365 20 SWISS SHARES traded slightly firmer at midsession yesterday. Dealers sajd the firm Swiss francs and a steady bond market supported sentiment. The SMI index of leading shares rose 2.2 points to 1,805.8 while the all-share SPI index was 2.1 points higher 1,199.5. Activity centred on industrial shares, with Alusuisse
        365 words
      • Article
        JOHANNESBURG
        445 20 JOHANNESBURG gold shares were quietly easier at midday yesterday, giving up part of Monday's gains in very slow trading as traders cautiously waited for fresh clues. The bullion price is currently holding at firmer levels of around US$357 an ounce, but dealers said uncertainty continues to inhibit the market,
        445 words
      • Article
        Untitled
        467 20 July 2 Close Previous NEW YORK Dow Jones 2.899.25 2.880 69 +18.56 NYSE Financial 145 04 144.75 *0.29 SAP 500 359 54 358 02 +1.52 Turnover (million) 130 146.0 +16 LONDON Financial Times 30 1.896.6 1,899 91 -3.3 FTSE 100 2.372.0 2.374.62 -2.6 Turnover (million) 309.4 461.9 -152.5 AMSTERDAM CBS
        467 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar ends firmer in HK on short-covering
      1220 21 FOREX MARKET REPORTS TOKYO: The US dollar yesterday opened here at 151.35 yen and 1.6548/55 marks, rising on a short-cov-ering buying wave led by securities firms, investment trusts, life insurers and a mid-sized trading firm, dealers sbid. They said short positions had
      1,220 words
    • Article
      INTERBANK FOREX RATES
      391 21 Cross rates July USS SS MS Dm Yen SFr A$ NZS US$ 1.8385 2.7075 1.6570 152.05 0.5726 1.4090 1.2618 1.7021 S$ 0.5439 1.4727 0.9013 0.8270 0.3114 0.7664 0.6863 0.9258 MS 0.3693 67.90 0.6120 0.5616 0.2115 0.5204 0.4660 0.6287 Dm 0.6035 1.1095 1 6340 91.76 0.3455 0.8503 0.7615
      391 words
    • Article
      MONEY MARKET
      570 21 Interbank rates SS Bid Offer Overnight 7 3/4 7 7/8 1-month 7 5/16 7 7/16 2-month 7 5/16 7 7/16 3-month 7 5/16 7 7/16 Owigfrt mode: 7-3/8 US$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 3/16 8 5/16 •2 months 8 3/16 8
      570 words
    • Article
      Lock icon Pohl rejects UK monetary plan
      246 21 FT THE PRESIDENT of the West German Bundesbank, Karl Otto Pohl, has rejected the British government's plan for a "hard ECU" and European monetary fund as an alternative to the Delors Committee's proposals for economic and monetary union (EMU) in Europe. In a lecture for
      FT  -  246 words
    • Article
      FINANCIAL FUTURES
      1561 21 SIMEX EUROOOLLAft Open High Low Sett Est Vol Op/lnt Vol Sep 90 9184 91.85 9L81 91.82 7555 ***** ***** Dec 90 91.82 91.83 91.81 91.82 2686 6364 5259 Mar 91 91.79 91 80 91.78 91.79 1493 2198 1657 Jun 91 91.64 91.65 91.62 91.64 143 680 78 Sep
      1,561 words
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  • COMMODITIES
    • Article
      Lock icon Nymex expects to launch sour crude contract by mid-1991
      393 22 Reuter THE New York Mercantile Exchange (Nymex) will submit by late 1990 a sour crude contract to the Commodity Futures Trading Commission (CFTC) and expects its approval by the summer of 1991. "By rule, the CFTC has a year to react
      Reuter  -  393 words
    • Article
      Lock icon Oil: Caracas stays its hand
      156 22 AP VENEZUELA will not try to get a larger oil quota from Opec until prices reach US$lB per barrel, said Energy Minister Celestino Armas in Caracas, Venezuela, on Monday. Trying to quell a flap that arose last week after reported suggestions that Venezuela was getting
      AP  -  156 words
    • Article
      Lock icon CSW set to revive energy unit
      147 22 Reuter CENTRAL and South West Corp will reactivate as early as August its energy unit, with a focus oft gas-fired power projects in all parts of the US. The holding company has asked the US Securities and Exchange Commission for approval to allocate US$75
      Reuter  -  147 words
    • Article
      Gold finishes weaker in sluggish HK trade
      799 22 REPORTS HONGKONG: Gold ended slightly easier yesterday as the metal traded in a narrow range after its early moming setback due to Japanese and local selling. Traders were reluctant to take big positions in the absence of new incentives, a dealer with a
      799 words
  • Article
    PRICES
    1353 22 Rubber j u i y 2 US h fcdw) Sccnti/Vg Noon Close Int I RSS Prompt 157.50/158 50N I57.2VI58.25N Int I RSS August 90 158.50/159.00 I58.2VI58.75N Int I RSS Sep 160 00/160 50 I59.7VI6025N Int 2 RSS OP 154.50/I56.50N 154 50/156 50N Int 3 RSS OP 150.00/152.00N I5000/I52 00N
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  • Page 22 Advertisements
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      718 22 NOTICES THE COMPANIES ACT. CHAPTER 50 Section 290<2)(b) NOTICE OF RESOLUTION KBT (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of KBT (Pte) Ltd held at 50 Hindhede Road. Singapore 2158 on the 30th day of June 1990. the following special resolutions were duly passed RESOLVED: 1)
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      Page 22 Advertisements Column 2
      624 22 THE COMPANIES ACT. CHAPTER 50 Section 290(2Xb) NOTICE OF RESOLUTION B T HOLDINGS PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of B T Holdings Pte Ltd held at 50 Hindhede Road, Singapore 2158 on the 30th day of June 1990. the following special resolutions were duly
      624 words
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      Page 22 Advertisements Column 3
      15 22 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1001 23 Ctty Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA895 1 235 MH642 1500 SQ112 1630 S&V 3 ino Swi? ml SQ1I3 1850 SQ114 1745 Amsterdam GA895 1235 KL814 1720 i?99 616 KL813 1455 SQ24 2200 SQ115 2005 SQ118 1945 MH617 2050 MH618
      1,001 words
    • Article, Illustration
      Population crisis of a different kind
      687 23  -  POSTCARD FROM NORWAY By Alister Doyle NORWAY'S Lapps, struggling to maintain their ancient Arctic traditions of fishing and reindeer herding, have an unexpected problem: a reindeer population boom. "We have too many reindeer," said Kjell Saether, mayor of Karasjok, a town set amid stunted
      687 words
    • Article
      MONEY CHANGER RATES
      155 23 As at 3pm on July 2: Ixxal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar I.4S2 1.472 C anadian dollar 1.5600 1.5800 NZ dollar 1.0640 1.0940 Sterling pound 3.200 3.2300 US dollar 1.8310 1.8410 l>ocal dollars lo 100 units of foreign currency Austrian
      155 words
    • Article
      WORLD TRADE EXHIBITIONS
      88 23 Duration Title Venue ftpixr Td Duration Title Venue Organiser Td July 12- Property Financing Hilton AIC 03-*****43 July 24 How To Profit From Hyatt AIC 03-*****43 13 Kuala Conference A 25 The Cost Control Aryaduta Conference Lumpur Revolution HoteUakarta July 12 Effective Marketing Hilton AIC 03-*****43 July
      88 words
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      Page 23 Advertisements Column 1
      54 23 j(L r >3^ ~T~f "it pcr«»n\ choke t\cr\ lucml.iv. \I jM I I M !hur\Jj\.S.iturdav anilsumb\.lcj\iii|>( hjn^i I I I I II m Wport it hour* and Jrrixing Jl I cMcr B. M JL JL IVarson lnurnjiion.il \irport the following J.n A II i; I ill (> l Vi; l
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      Page 23 Advertisements Column 2
      513 23 "Stephen Covey has more life -changing material in one presentation than most management trainers have in their entire repertoires. We have had the nation's top presenters and training programs, and none of them surpasses Dr Covey and his Seven Habits for our people. Our biggest problem is that we can't
      513 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      236 23 8 Sour ex- BM~~ 9 My French producer of pate de foie gras and civet 10 Have permission to return JHH HH AH 11 Proverbial view of coming L«J-—-IbbJ-—"L™J—— 14 Young rogue given a sov- HI MB" ereign to scoot (7) BPL__PB(PB__PBPBb__^B__MB_—WB— —JBB 16 Struggle to study before an p°
      236 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      211 23 Singapore Outlook: Showers over a few areas in the afternoon. Report: Max temp 33.5* C Assoc humidity 58% Min temp 26.5* C Assoc humidity 88% Hrs of sunshine 8.40 Rainfall in mm Nil Rainfall this mth 3.9 Rainy days this mth I World report Asia-Pacific Hi/Lo* Cond. Auckland 15/05 Windy
      211 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      14 23 i^ggengsfcs AT tun J V \QUC> goon C EVENING (TAMOARO CO LTD.. IM3-KM b&m-
      14 words
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  • Article
    Lock icon UN predicts world output growth will slow to 2.2 pc
    471 24 Reuter GLOBAL economic output growth is expected to slow to 2.2 per cent this year from 3.1 per cent in 1989, with the Soviet Union and other Eastern European countries continuing to slump, the United Nations said yesterday. The UN
    Reuter  -  471 words
  • Article
    Lock icon Sabah ruling party pledges to restore state rights
    285 24 AFP Reuter SABAH's government yesterday said that it will seek to restore the state's rights in the Malaysian federation if it is re-elected in polls scheduled for July 16 and 17. The pledge is contained in a manifesto framed by the ruling
    AFP; Reuter  -  285 words
  • Article, Illustration
    Adnan Khashoggi acquitted
    39 24 Saudi financier Adnan Khashoggi, seen here arriving with wife Soraya for his trial hearing at Manhattan's Federal Court on Monday, was found not guilty by a Jury on charges of mail fraud and obstruction of justice.
    39 words
  • Article
    Lock icon US companies complain of obstacles in Philippines
    285 24 Reuter HOSTILE lawmakers, bureaucratic delays, poor infrastructure and security concerns are making foreign investors steer clear of the Philippines, the president of the country's American Chamber of Commerce said yesterday. Mark Blacker said Southeast Asian countries were attracting billions of dollars in foreign
    Reuter  -  285 words
  • Article
    Lock icon Two Koreas agree on meeting between premiers
    280 24 Reuter OLD FOES North and South Korea, resuming border contacts after a five-month break, yesterday agreed in principle that their prime ministers should hold an unprecedented meeting in Seoul by early September on easing tensions on the divided peninsula. The one-hour meeting between
    Reuter  -  280 words
  • Article
    Lock icon Cory's ban on Imelda stays
    101 24 Reuter PHILIPPINE PRESIDENT Corazon Aquino yesterday refused to lift a ban on Imelda Marcos returning to the Philippines in spite of her acquittal in New York on racketeering charges. She linked the former first lady to a coup bid last December and said that Mrs
    Reuter  -  101 words
  • Article
    Lock icon Subroto calls for US$l8 floor price for oil
    418 24 MBT OIL PRICES should at least be kept in real terms at US$lB a barrel through 1995 if it is to generate the incentive for the Organisation of Petroleum Exporting Countries to invest in upstream and downstream expansion programmes to meet the
    MBT  -  418 words
  • Article
    Lock icon Ligachev accuses colleagues of thoughtless radicalism
    258 24 Reuter PROCLAIMING faith in old-style Marxism, Soviet hardliner Yegor Ligachev on Tuesday led a conservative offensive at a key Communist Party congress and accused his Kremlin colleagues of "thoughtless radicalism". But reformers fought back with Foreign Minister Eduard Shevardnadze denouncing "dogmatism and ideological stereotypes"
    Reuter  -  258 words
  • Page 24 Advertisements
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      160 24 PiageT JQAHJJER EN HORLDGERIEIJEPUISIX74 GENEVE mmm the Indonesian market mam 1. STUDY ON HOTEL INDUSTRY MARKET IN INDONESIA $750 00 (Including developments in tourism; hotel construction; provincial developments and major tourist destinations. 900 paqes. Completion date: May 1990) 2. DIRECTORY OF PACKAGING COMPANIES IN INDONESIA $370 00 (Detailed information of
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      Page 24 Advertisements Column 2
      7 24 Imelda Marcos found not guilty, Pg 7
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      Page 24 Advertisements Column 3
      246 24 PlvgeT fMUJER EN HORIfiGERIE IJEPL'IS 1874 GEXP.VE The long awaited single largest Common Market and Open House for the office equipment manufacturers, suppliers and services is taking off. At the World Trade Centre Hall 4, from October 10-13, 1990. For years, the Open House concept is limited to only some
      246 words
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      Page 24 Advertisements Column 4
      4 24 More stories, P| 8
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  • Shipping Times
    • Article
      NOL close to getting a major stake in Lorenzo
      407 25  -  By Dexter Lee DRAWN BY the lucrative domestic shipping market in the Philippines, Neptune Orient Lines (NOL) is poised to acquire a major stake in leading inter-island feeder operator Lorenzo Shipping. Negotiations between the national carrier and the Manila-based shipping line
      407 words
    • Article, Illustration
      Revolutionary cruise ship being built
      311 25 CONSTRUCTION has begun on the first passenger cruise ship to be built with a revolutionary semi-submers-ible craft design. The luxury cruise vessel, costing about US$l25 million, will be managed by USbased Radisson Hotels International and owned by Diamond Cruise of Helsinki, Finland, which has Japanese
      311 words
    • Article
      Garuda's flights to Vietnam suffer from low load factor
      400 25 INDONESIA'S national carrier Garuda's twice-weekly service to Ho Chi Minh City in Vietnam is reportedly suffering from a low load factor, possibly due to an immigration regulation. Mr Sunaryo, the airline's vice-president (commercial), told a Jakarta Post that the year-old service,
      400 words
    • Article
      Lock icon US and UK agree on new air routes
      162 25 Reuter TRANSPORTATION Secretary Samuel Skinner said the United States and Britain have reached agreement on new air services between the two countries. He said the agreement confirms the US right to serve the Chicago-Manches-ter route and enables the United States to select
      Reuter  -  162 words
    • Article
      Indon line plans to build 20 vessels
      279 25 INDONESIAN shipping line PT Samudera Intemusa has mapped out a major plan to replace over-aged vessels for the country's inter-island shipping trade. Headed by the line's president director Hendrik B Takdare and operation director Nanang Risnandar, the company is trying to get "solid
      279 words
    • Article
      Cost of HK airport, port projects soaring
      299 25 THE COST of Hongkong's port and airport development will soar by at least 63 per cent, topping HK$2OO billion, before the projects are completed, heightening Chinese fears over the excessive cost of the projects. In a South China Morning Post report, economists and
      299 words
    • NEWS SUMMARY
      • Article
        Manila deals with shortage of seafarers
        29 25 PHILIPPINE shipping and manning officials are not content to simply rest on their laurels as the world's leading supplier of seafarers. Page 2
        29 words
      • Article
        ANA spreads its wings abroad
        23 25 ALL Nippon Airways Co planes are becoming an increasingly familiar sight on foreign runways these days. Page 2
        23 words
      • Article
        Jeuro ties up with Soviet railway body
        47 25 JAPANESE operator Jeuro Container Transport of Yokohama has established a joint venture with the Association of Soviet Railways to improve the reliability and competitiveness of the Trans-Siberian Railway as an alternative route between the Far East and Europe Back Page
        47 words
      • Article
        Sea-Land's income rises 40pc
        32 25 US CARRIER Sea-Land recorded a 40 per cent rise in operating income for the second quarter, due to improved revenues and efficiencies after its recent restructuring. Back Page
        32 words
      • Article
        Delta Air yield up in fourth quarter
        37 25 DELTA AIR LINES' yield, or revenue per passenger mile flown, increased in the fourth quarter to end-June, but the rate of yield growth has slowed in recent quarters Back Page
        37 words
    • LOG BOOK
      • Article
        30 injured in Qantas flight turbulence
        75 26 ABOUT 30 people were injured on Monday when severe turbulence hit a Qantas 747 jet over Thailand as it was about to begin its approach into Bangkok. A Qantas spokesman in Sydney said the mid-morning incident happened when flight QF2 from London hit turbulence
        75 words
      • Article
        NOL ship collision
        129 26 THE Neptune Jade, a 3,000 TEU containership owned by Neptune Orient Lines, collided with a West German ship in the Chesapeake Bay during a severe thunderstorm, spilling at least 133,000 litres of fuel, authorities in Norfolk, Virginia, said. "We consider this a major marine casualty because of
        129 words
      • Article
        Dubai orders two rail cranes
        78 26 DUBAI DRYDOCKS has ordered two 20-tonne rail cranes from Stothert and Pitt of Bath in the United Kingdom. The cranes will have a maximum radius of 65 metres, level luffing and a height of lift of 60 metres above rail level. The cranes are due
        78 words
      • Article
        Soviets seek technology ties
        51 26 SOVIET Ship Building Minister Igor Koksanov has asked for more cooperation with Japan and an increase in the exchange of shipbuilding technology. A spokesman at the Soviet Trade Representative in Japan said the minister made the proposals during an exhibition of Soviet technology in Tokyo last
        51 words
      • Article
        Daiwa-NHK joint venture
        102 26 DAIWA Securities Co Ltd and the Japan Broadcasting Corporation (NHK) will establish a jointly-owned information services firm, a Daiwa spokesman said on Monday. ND Communications Ltd will be launched in August and will be capitalised at 530 million yen. It will be 74 per cent owned by
        102 words
      • Article
        Belgian tie-up wins deal
        84 26 A JOINT VENTURE involving three Belgian companies won an eight billion franc contract to extend and modernise Brussels national airport. The companies involved in the venture, called International Airport Contractors, are Besix Group, Maurice Delens and Van Riel Van Den Bergh NV. They said in a
        84 words
    • Article
      Lock icon Manila deals with seafarer shortage
      841 26 Efforts are being made in the Philippines to tackle the problem or a shortage of seafarers. Shipping and manning companies have launched training programmes in partnership with foreign owners, and the Philippine senate wants to shorten cadet training on board, and substitute simulator courses. Fairplay
      Fairplay  -  841 words
    • Article, Illustration
      Lock icon All Nippon Airways spreads its wings abroad
      624 26 JEJ ALL NIPPON Airways Co planes are becoming an increasingly familiar sight on foreign runways these days. ANA, Japan's second biggest airline, topped the onemillion mark in passengers for its international flights for the first time, in fiscal 1989, ended last March. This
      JEJ  -  624 words
    • Article
      TRANSPORT DIARY
      951 26 May 24-July 26: International Freight Forwarding L, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no: *****5 (for members only). July 4-6: Aviation insurance, Lloyd's of London Press seminar, Old Lloyd's Library, London EC3. (Details: Conference Department 071-250-1500).
      951 words
    • Article
      THE SHIPPING GUIDE
      12797 34 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,797 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        517 41 fend fey Ni Bw* Vmi Depart™ Vttid Voy No B«r*i AnM Dtpartet K mmI WharvM Cosmic Pione 6 P4A 04.07/0630 06 07/0600 Ante 03 K34 alongside 04 07/1800 Equator 3 21/90E P1A 04 07/0730 05 07/0600 Dvyunstan 5/90 K30 alongside 06.07/0600 Gma 2 13C P2B 04 07/0700
        517 words
      • Article
        CONTAINER SCHEDULE
        1250 41 r Fa CONTAINERS AND LCI LC ARGO Record Booknc/btanct 1Mb a* Voy No "cnod From To From P of Dbcfiai Space Aa jade 2A 1 03/1500 03/1659 03/1900 Ad Goncharov 18&90 4 03/1700 O 04/1200 0 1/0659 1/1459 04/0900 04/1700 Anson *****N 4 04/1200 04/1459 04/1700 As Plutus
        1,250 words
      • Article
        IN MALAYSIAN PORTS
        259 41 Port King South Port on Jidy 3: Tachibana berth 1; Stolt Uskok berth 2; NCC Jouf berth 2; Pacific Samudra berth 4; Pernas Safari. KCT: Asian Plutus berth 9; Tolaga Bay berth 10. North Port: Tongrim berth 11; Han Chuan berth 12; Platon berth 14; Samsun Honour
        259 words
    • Article
      DAILY FREIGHTS
      938 41 THE DRY cargo freight market continued in the summer doldrums with further rate declines expected in the face of overcapacity on key routes on Monday, brokers said. The Baltic Freight Index (BFI) was marked down seven points at midday to 1,082 with renewed losses on the three leading
      938 words
    • Article
      Jeuro ties up with Soviet body to improve TSR
      510 42 JAPANESE OPERATOR Jeuro Container Transport of Yokohama has established a joint venture with the Association of Soviet Railways (ASR) to improve the reliability and competitiveness of the Trans-Siberian Railway (TSR). The Soviet body was recently formed under the aegis of the
      510 words
    • Article
      Lock icon Delta Air yield rises in fourth quarter
      247 42 Reuter DELTA AIR LINES' yield, or revenue per passenger mile flown, increased in its fourth quarter to end-June over the 13.5 cents recorded in the same period of 1989, chairman Ronald Allen said in Amsterdam. But the rate of yield growth has slowed
      Reuter  -  247 words
    • Article
      Lock icon Sea-Land income rises 40pc
      222 42 Reuter US CARRIER Sea-Land recorded a 40 per cent rise in operating income for the second quarter, due to improved revenues and efficiencies after its recent restructuring. As a result, sea container shipping revenue for its parent company, CSX, rose to US$643 million from USSSBS million
      Reuter  -  222 words
    • Article, Illustration
      Lock icon Lufthansa plans to embark on cost-cutting programme
      163 42 Reuter WEST GERMANY'S Deutsche Lufthansa AG is seeking to improve its international competitive position through a combination of investments and cost reductions, Lufthansa management board chairman Heinz Ruhnau said in a newspaper interview published on Monday. Mr Ruhnau also confirmed that Lufthansa's airline
      Reuter  -  163 words
    • Article
      Lock icon Controllers' strike in France hits airlines
      153 42 AP MAJOR AIRLINES have cancelled dozens of flights in and out of Paris as air traffic controllers began a three-day strike yesterday at France's largest flight control centre. Dutch airline KLM said on Monday that it had cancelled all 16 of its daily flights
      AP  -  153 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      87 25 I HI UNITED I ElllS Lf ASINCI SEIVICtS PTI LTO Call Te1:471 3033 SSWEE HENG METAL CO PTE LTD 13, Tuas Avenue 14, Singapore 2263 Telex RS ***** SHMCPL M: S6l 5855 (511 ms) Telefax 861 2946 t •"I I iul ■Hr BtriKlM. |HHPy Full range of Forklifts from 1
      87 words
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      Page 25 Advertisements Column 2
      27 25 Contamr Sdwtute 17 (My 17 Ma to Advertisers 3 Stopp*V Gurii 10.11 Stops n Port 17 Snpport Titos 17 Transport toy 2 Weather and Sea Condtons 17
      27 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      127 26 HAVE VESSEL LOADING SPORE ON 18TH JULY '90 FOR ADEN, HODEIDAH, TRIPOLI, MARSEILLES, GENOA, VENICE FOR BOOKINGS PLS CONTACT ARTHUR KHOO/CAROL SOON/CAROL SEAH AT *****11/*****07/*****21/*****28 AGENTS B BORNEO SHIPPING PTE LTD MAS BULDMG fl &03A7 L Jig, 10SHENTON WAY, SPOHE 0807 IHnTTIiBIIB TLX. RS ***** CABLE SHIPBORNE FAX *****88 FOR
      127 words
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      Page 26 Advertisements Column 2
      154 26 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We, Tim Marine Services Pte Ltd 80 Marine Parade Road, #10-06 Parkway Parade, Singapore 1544, hereby give notice that we have applied to the Registrar of Singapore Ships under Section 417 of Merchant Shipping Act (Cap. 172) In respect of the
      154 words
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      Page 26 Advertisements Column 3
      15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
      15 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1632 27 Ml JARDINE SNIPPING AGENCIES %%■lf# 200 Cantonment Road #12-05 Southpcwnt, Singapore 0201 AllVfr T«i *****11 TELEX NO RS ***** f ■lllllM TERMINATES Tel *****11 220 BOOKINGS Tei *****34 235 A VWQf J PESAKA JARDINE SNIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO
      1,632 words
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      Page 27 Advertisements Column 2
      1273 27 MEX! TOADVEimSEjJS ■vm i a ~i r m i ABC Containcrlinc 13 5 Mac-Nds Agencies 14 1/2 Accord Shpg 8 1-3 Macolinc 18 2/3 Albatros Sea-Air 14 5 Madju Sdn Bhd 16 1/2 Alfred C Toepfer 15 5 •MaerskUnc 3 4/5 Ahrenkiel Liner 16 4 Mainfreight 15 4 APC Line
      1,273 words
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      Page 27 Advertisements Column 3
      2288 27 H—' VMM) Voy ETA j ETO 'Port *P«nang DESTINATIONS Thie «aak M 9006 Closing Tmiw CY 10/7 0400 HRS Farco HHH HHHUHi HHH HI r CTS —W7 1600 HRB M Tauro OAK LGB MOO MEM ATI MIA CHS BAL PHL NYC MOW TO« MATHH.OE M BOOS 10/7 11/7 5/7 7/7
      2,288 words
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      Page 28 Advertisements Column 1
      1242 28 I" ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HONGKONG EXPRESS 95/577 ij/7 30/7 24/7 26/7 23/7 2«T7 LIVERPOOL BAY 99/581 8/7 25/7 27/7 30/7 KASUGA 10/580 12/7 6/8 31/7 2/8 30/7 5/8 TOLAGA BAY 10/584 15/7 1/8 3/8 6/8 CARDIGAN BAY 96/583 19/7 13/8
      1,242 words
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      Page 28 Advertisements Column 2
      509 28 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT CAP£ MALEAS 4/7 22/7 29/7 Also accepting cargo to Lautoka via Suva DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 4/7 14/8 15/8 19/8 Also accepting Cargo to Callao (Peru) via Valpa Aaenta SINGAPORE: *****56 bookings: *****00 VS. JAYA: 03-*****25 JOHORE: 07-*****2
      509 words
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      Page 28 Advertisements Column 3
      1404 28 aaifl jumm REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN cm ALG BCL PEL HAM BRE ROT ANT LHA (VIA (VIA (VIA MA HAM) POTNORASIA SAMANTHA 9011-3 06/07 10/07 27/07 29/07 01/0| 03/01 04/01 06/01 06/08 07/08 NORASIA SUSAN 9019-3 13/07 17/07 03/08 05/08 08<06 12/01 13 10®
      1,404 words
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      Page 29 Advertisements Column 1
      1558 29 Steamers Maritime Holdings Ltd Ig-Tp&O Containers Ve* Mo P Wang S pore Ston H'lwj llumliM Itti ACCEPTS DUE SAILS HONGKONG UP «577 TOL-tlfl W Wl* a/W H*7 CA*CO IMAPOOt MY ■iSU TOl-41/7 OM' 2W DJW STRAITS STAR VOX UK Sfcan LO Tn In Port Of Jul KASIMAI I** BAN -I*7
      1,558 words
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      Page 29 Advertisements Column 2
      1705 29 TQ; EUROPE TO: FAR EAST SP LH RDM HAM B'HVN FIX SPORE HK RAO KOB BU CHOYANC CHANCE 04IW 7/7 Rfl 2tp 27f7 29/7 30/7 CHO TANG PARK OOK 9/7 12/7 13/7 U/7 19/7 HANJIN LEHARVE OOBW 14/7 1/1 2/1 30 S0 40 HANJIN OAKLAND OOK lt/7 19/7 20/7 23/7
      1,705 words
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      Page 29 Advertisements Column 3
      22 29 S PORE LOAOMG FOR MORA V 7190 PNNOMPENH/KOMPONGSOM NINA S/7/S0 HOCHIMINH/VUNGTAU SELM SHIPPING TRADING PTE LTD TEL: *****73 TLX: RS2S2B7 FAX: *****46
      22 words
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      Page 29 Advertisements Column 4
      324 29 SPECIALIST IN RO-RO HEAVY LIFTS; VESSEL COSMIC YOUNG CHAMPION ZZ PIONEER SOLDIER TRADER VOY NO 6 7 10 •S pore In Port 13/7 17/7 P. Kelang 6/7 Penang Hong Kong Yokohama 27/7 Nafoya 24/7 Osaka Swtboku Kashima Hochimmh 'For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN i
      324 words
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      Page 30 Advertisements Column 1
      682 30 v O"» TBI w V V II A Joint Surop# B«r\rfce Ot in. MKMI um .M. mm uro PfT IMMKM MMNKSU P.T. TMKOM UOTO CR NBR **********0-0 m EXPRESS SUII-CONTAINEIISHIP SERVICE c M C WSUWOY STORE K'DAM/ H BURG BREIKN ANTWERP M ADAM SUBUAVA/29W8 20-24/7 ll* 23/1 Kfl 30* S.
      682 words
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      Page 30 Advertisements Column 2
      721 30 HANJIN SHIPPING i full container service NOYANC CHANCE BMW ZJ/T* a/T™" jST* H IWiAN l« 3j4 54 ANJIN LE HARVE OB9W 14/7 1/1 2/1 3/B 5/1 6.1 MANJIN OAKLAkD ME 1V H KUWAN «64E 17» 19« ANJIN FELIXSTOWE «BW 21/7 11 9/1 10,1 12/t 13/t CHOYANC SUCCESS «BE 38/7 H
      721 words
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      Page 30 Advertisements Column 3
      1353 30 —ifi—l-Ti-j-Inu hkc k» me ns ma osx sh ttd ml uw anw rom funk I EVER GRACE IP *7 UP MP HP 2*7 21* 310 DM U» 2 J£ E» I EVER CLEAMY 7/7 I*7 I*7 *P .ff .3? Sfi fil ever gnowth up 17,7 an op vp iff WU/iiwufljjJJW
      1,353 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1494 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UKyEUROPE SERVICE *****19 USA SERVICE-*****16 AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE-*****48 K TERMINAL: *****22 DOCUMENTATION: *****44/*****14 MV CFS: M 2 IMPORT: *****69/*****50 CFS:M2 EXP0RT*****53/*****04 NEPUNE SDN BHD MALAYSIA K.L-*****33, P. Ketang-*****87, Panang-*****0. J. Bahru-*****3, *****4 PTINTI TRIDENT NUSANTRA INDONESIA Jakarta
      1,494 words
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      Page 31 Advertisements Column 2
      1161 31 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 9 A| A l| A A A m 4 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND 'J vkscls voyage Isww Imahila mhqk voyage swtt mjwc munc
      1,161 words
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      Page 32 Advertisements Column 1
      1537 32 W\ 4\V VP AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) \V\ #n K4 TEL *****77 TELEX KAWAKI R*****5 FAX *****79 yj H 1 W_*J MALAYSIA HARPER WIRA SDN BHD U TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. N. AMERICA PACIFIC SOUTH-WEST
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      Page 32 Advertisements Column 2
      1098 32 PHILI-ORIENT LINES PTE LTD I (The Complete NVOCC Package) sffa 9 JULY MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. JULY S1(t DA H M AHRAIN KU ABL1 I^ DHAB| A LON^N ST THUNOER A B?f, WINNIPEG, 10 mi v cu»mJu BAHRAIN ABU DHABI REGINA, SASKATOON, Id JULY SHARJAH CALGARY, EDMONTON, KELOWNA,
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      Page 33 Advertisements Column 1
      2805 33 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** M EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [VQY SPORE PKLANG"" SHAMPTON| HAMBURG BHAVEN ROAM L HAVRE Hong Kong Express 95/577 6/7 31/7 25/7 24/7 23/7 30/7 Liverpool Bay 99/581 9/7
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      Page 33 Advertisements Column 2
      274 33 MYANMA IpA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen PAGAN Vl5B S/7 JUL HPA-AN VIS2W 16/U JUL MERCUI VIOOW 21/27 JUL MYOMAYWA VI2IW 21/31 JUL •g> THE BANK LIME (A MrvtC* of Andrew W«ir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABIIITV I I EXPRESS TO
      274 words
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      Page 36 Advertisements Column 1
      684 36 Mil'iJi 1 1 JL i INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT mi outoouno an fix b*v rom aht hoc rst TNUUHM M tp *P *7 1/7 2/7 AILANTIC KM Wnti I*7 2/1 J/» 4/» W m. ntc* %m w nit n* im i*n
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      Page 36 Advertisements Column 2
      1672 36 S PORE PKL PNC HKC INC BSD SINGAPORE GLORT VOOt I Jul 17 Jul 1J Jul roCWW»n.wwAI.B—TICT MALAYSIA CLORT VOOt U Jul Jul M Jul Jul 21 M VttMl P. KLG PNC P.G. Lojdint tor HAI YING W M Jul IS Jul IS Jul 27 Jul A VESSEL 20/t Rott*r4J<n;
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      Page 36 Advertisements Column 3
      601 36 \um POSEIDON CONTAINER TRANSPORT GMBH HAMBURG V SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA TRANSSIBERIA SERVICES ACCIPT TO ft FROM INLAND DESTINATIONS ft CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SIN 9/7 20/7 25/7 31/7 (VIA ILYICHEVSK) IRAN Diulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) EASTERN/CENTRAL FAR EAST EUROPEAN PORTS SINGAPORE
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      Page 36 Advertisements Column 4
      531 36 maBBHfIBEE9EHIfIBI^H| Nm^tockAgencvC^tdlßlUWTel^^Mfl^^^^ MAHA BHUM# It* Wad In Pt Sat 7/7MEKHANIK KUBAKO ltN Wad til PI Sat W sibi bhum» <s«w Fr< tp mm yPITA BHUM WM Sun tP Wad 11/7 ■AHA BHUM# 17W W* 11/7 Sat 14/7 MEKHANIK KUBAKO 17W Wad 11/7 Sat M/ 7 SHI BHUM# <56H Fri 13/7
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      Page 37 Advertisements Column 1
      325 37 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 LOADING FOR BANGLAR KAIIOL 15/7 CTG, MONGLA BANGLAR PROGOTI 19/7 S KOREA. JAPAN ETA S PORE LOADING FOR MV
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      Page 37 Advertisements Column 2
      532 37 (STRICHFIELO MARINE AGENCIES (3) PTE LTD 3k TEL: *****33 (12 Llnaa) gZm FAX: *****15/*****03 fcjfcj TELEX: RS ***** RISHIP (3 Llnaa) !l*£A ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivov ETA IIOAOWQ FOR SPO«E ABB AY WOW MWB IVOB DABESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA
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      Page 37 Advertisements Column 3
      734 37 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICEWEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OfTpSRE. INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG t AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN WASPADA
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      Page 37 Advertisements Column 4
      1465 37 tais f 40 "Z 'it CHINA OCEAN SHIPPING COMPANY V 1/ 2. MISTRI ROAD. HMC BUILDING rri TXtsm 'A "im'JSSff 7 FULL CONTAINER LINER SERVICE telex: rs seo cosh.P General Agents: COTTAR SHIPPING PTE LID j VESSEL/VOT SO FLX ROT HA* ANT DKK VESSEL/VOT OX NOT HAH AWT P*K riNHcjow
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      Page 38 Advertisements Column 1
      1123 38 |_3g _iM*C-NELS SINBAPOREif EXPORT TEL *****2? fIiPOBT TEL I TEL: (04) *****6 TAWAU TEL: (089) *****91 KELANG TEL: (03) *****77 LijCHING 'TEL: (082) *****3 SKAN TEL: (089) *****2 I J BAHRU TEL: (07) *****2 ISIBU TEL (084) *****2 LABUAN TEL: (087) *****9j iLZJvy \JI_J!jAKARTA TEL: (21) *****7 |mEDAN i TEL:
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      Page 38 Advertisements Column 2
      519 38 ftfEfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH 81 PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF. CHRISTCHURCH. DUNEDIN, INVERCARGIL, FIJI AND TAHITI SIN N. Pl* AUCK ITT MANOAMA 057( 1« Jul *J* gj- PREMIER 07S 23
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      Page 38 Advertisements Column 3
      1172 38 /SSITHONG SOON LINES PTE. LTD.? 1 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 r CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH ,1 iima Ivtr leti Iwt una m m in KIM SOON LI 27/90E 7 JUL
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      Page 39 Advertisements Column 1
      702 39 ~*m[3L COMPANIA PERUANA I DE VAPORES r "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* I OTHER PERUVIAN PORTS* MjTH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Ktling Singapore MMALEVERETT 15/16 Jul 17/11 Jul {JOMASEVERETT 26/27 Jul 3NAPLAEVERETT 11/12 Aug lygV "EVERETT ORIENT LINE"
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      Page 39 Advertisements Column 2
      575 39 West Co»»t. Carrtbb—n.Latt CanafrT HAITI. Guatemala and HonAirw VSL [S PORE [MAINLINE* [LAX |KST [SAW MYC [HFX~~] ZIM SINGAPORE iP I* SAVANNAH *7 llj W W A VESSEL 7/7 2* SAVANNAH »7 l/t U/B I*B IVJ LEEWARD lib im TOKYO 1* Hit V* 31* 2MI TRIESTE I*7 ZW TOKYO IV*
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      Page 39 Advertisements Column 3
      676 39 SING KWANG HANG I lIPHIQ nuwpowTAHow <m) ltd WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK Sn 8/7 JEMWEL I 7/7 I 10/7 VESSEL SPORE BANGKOK A VESSEL «/7 9/7 A VESSEL 9/7 12/7 DESTINATIONS ETA SINGAPORE PORT KELANG 7 JULY MANILA 10 JULY HONG KONG. ALL CHINA PORTS
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      Page 39 Advertisements Column 4
      500 39 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY 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 v TANTO UTAMA 87 7/7 10/7 TANTO UTAMA 89 14/7 17/7 TANTO UTAMA 91 21/7
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      Page 39 Advertisements Column 5
      385 39 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 Huanmu/Sbenzhen/Fuzhou/ Xiamen/Xingar»g/Shanghai SIN ENMPI/W w L T"" T 7/7 LDN/FLX/LVP/SOU 7/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austna/ Hungary /Roumania/Poland/Bulgana/Cwch. SIN MSA/CANAtft 9/7 LOS
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      Page 40 Advertisements Column 1
      389 40 PLATOU PACIFIC A SHIPPING SERVICES RIGULAR FAR CAST N. AMI RICA BREAK BULK I SERVICE OWNERS' REP OFFICE TEL: SINGAPORE: FAX: *****59 f HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 27/07 JAKARTA 7 SURABAYA 01 8 LOS ANGELES 22/07 03/09 OAKLAND 27/07 09/09 VANCOUVER B.C. 30/07 13/09 General Agents:
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      Page 40 Advertisements Column 2
      400 40 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 |.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 Vl2-90W 24/7/90 17/8/90 8/8/90 12/8/90 AN Vl3-90W 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 BA
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      Page 40 Advertisements Column 3
      230 40 Smadkris business IT*I corporation phiuppine DIRECT REGULAR SERVICES TO MANILA A BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME. M.V. DAGOHOY' 07/90 810 JULY MNUBISLIG M.V.'DAGOHOY' 06/90 22 24 JULY MNL/BISLI6 TBN IST AUG ILIGAN/BISLIG GENERAL ACT: CALSOURCE SHIPPING ft TRADING PTE LTD. O ROBINSON
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      Page 40 Advertisements Column 4
      506 40 J -*-N TB<AArt-7/A/AT Qfjft PENANG —KL: allied-LINK SINGAPORE: /fA=?\ jq&r 04-*****2 03-*****55 778 5522(22 LINES) 'SEEA MartM Ong Smmh CMm AMm YmMmt V« FROM SOUTH EAST ASIA/FAR EAST TO USWC/USC/USEC MV NORTWEEN SLEVIK MV NORTWEEN NOVA ETA BKK 28 6 ETA SINGAPORE 4/1 FROM EUROPE/MCD FROM ARGENTINA MY QU YUAN
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      453 41 TIDES AND WEATHER -j TODAY'S TIDES (height in metres) HOW OOQQ 0100 0200 0300 0400 0500 OCOOI7M mo Ml *****1 M 12« ian I4M 1S« ICMI7M ian 1M 2M an 22N 23M ft 14 12 1.0 08 09 10 1.2 1.4 1.6 IS IS 1.7 16 1.4 1.3 1.2 1.3
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      Page 42 Advertisements Column 1
      330 42 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -fßPr* 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 TMI/N S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 30/8 INDONESIA
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      Page 42 Advertisements Column 2
      496 42 MERCHAKT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PBW SIN HKG LBH OAK SEA CHI FROM PSW tJM OAK SEA HKG SIN HYUNDAI PIONEER 33E 07/07 12/07 30/07 02/ M OS/M 04/01 HYUNDAI EXPLORER 31* 04/K 87« 10/Ot 21/0t 05*7 LALANDIA 33£ 14/07 19/07 OM> 01/01 12/01
      496 words
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      Page 42 Advertisements Column 3
      128 42 mmm bintang mas shipping pte. Ltd. Td: tHmvmnn ru us um simkr p« »wm o*ool Tel 4/154/1 S port Ajents. STRAITS SMIPfINC PTE LTD Tu lva Tli: RS 243(1 fai a«117 PC AfWltl KRIS PAHLAHAN SOM BHD T«i dTsuw TLX MAM7I r»i umi REGULAR SERVICES TO BRUNEI SARAWAK P KLC
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      Page 42 Advertisements Column 4
      474 42 CHARTPOINTI Every Saturday in Business Times Bf.' r»i UK/CONTINENT (TRIO) Hl^^H |S"POBE IS-TOM H BUBS B'HAVEN •'DAM UN Htf* NOW KONG EXPBESS w *P up an BP ap »«—jg AmMm. Ma. TlatMa. tlilmilil uvwkx*. BAY w jy v je tcXQS^H RAIMA I 12/7 C#9 Sl/7 241 3%7 M Si :te#N
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