The Business Times, 5 July 1990

Microfilm: NL17036
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday July 5 1990 75*
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  • NEWS SUMMARY
    • Article
      Tokyo economy to continue growing, says BOJ chief
      58 1 BANK OF JAPAN governor Yasushi Mieno told Prime Minister Toshiki Kaifu yesterday that the Japanese economy is expected to continue expanding, officials said in Tokyo. Mr Mieno was quoted as saying that the Bank of Japan was also monitoring the effects of
      58 words
    • Article
      High hopes
      21 1 THE FAR EAST chief of Nina Ricci expects Singapore's luxury goods market to remain healthy for retailers. Page 2
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    • Article
      Cab fares may go up
      32 1 NTUC COMFORT may apply to the Public Transport Council for another round of increase in taxi fares, says the chairman of its Board of Trustees Page 2
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    • Article
      Gloomy HK outlook
      20 1 HONGKONG faces an economic slowdown, high inflation and weakening of government effectiveness, says a report Page 7
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    • Article
      Boost for Johor
      22 1 PETROCHEMICAL industries are likely to stimulate Johor's economic growth once the Peninsular Gas Pipeline project is completed. Page 7
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    • Article
      Call for Soviet aid
      31 1 THE US and other Western countries are being urged to push through a $20 billion emergency aid package to prop up Soviet President Mikhail Gorbachev Page 8
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    • Article
      Bonn budget finalised
      23 1 THE WEST GERMAN government has agreed on its 1991 budget and proclaimed itself financially ready for German unification Page 8
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    • Article
      Seal trouble
      32 1 THE PRETORIA government is on the verge of a public relations disaster over seal killing in spite of efforts to shake off its image as the world's pariah Page 15
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    • Article
      Move under study
      21 1 JAPANESE warehouse equipment manufacturer Yoshida Transport Industry may shift the fabrication of components here. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 794.79 +4.06 Kuala Lumpur ....586.39 +0.03 Hongkong 3,363.49 6.94 Tokyo 32,445.92 +31.32 Sydney 1,539.4 +26.7 Tnesday Change New York „2,911.63 +12.37 London 2,371.7 -0.3
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    • Article
      CURRENCIES
      21 1 Exchange rates US$ SS1 -8310 Yen SSI.2186 MS SS0.6769 Money market rates Overnight 7 3/8 -3/8 3-month 7 0/16% +4/16
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    • Article
      COMMODITIES
      35 1 London Go4d PM fix US$362.50 US$0.50 Rubber S'poreAug... l57.75Vkg -0.5 M'sia Aug M233.00 */kg unch KL Tin Turnover 56 tonnes -30 Spot M$16.05/kg -1 Crude palm oil Turnover 819 lots -483 Jul M$68Q/tonne -4
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    • Article
      Footsie lower
      66 1 LONDON share prices were down in thin trading at midday yesterday, with the market drifting in the absence of any news. At about 1115 GMT, the Financial Times-Stock Exchange 100-Share Index was down 16 points, or 0.7 per cent, at 2,355.7. The morning low was 2,352.7 and the
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    • Article
      Gen Mag optimistic
      32 1 GENERAL MAGNETICS, which is making a 27.5-million-share offer, expects to register 30 per cent growth in group post-tax profit to $8.66 million for the current financial year Page 3
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    • Article
      Launch pad for GP
      36 1 GP BATTERIES International, a subsidiary of Hongkongbased Gold Peak Industries Ltd, is to use Singapore as a launch pad for its activities in Asean, the Middle East, Australia and India Page 3
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    • Article
      Banks lose business
      15 1 THE FIVE largest Malaysian banks are losing their market share Page 6
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    • Article
      Market holiday
      11 1 THE US MARKETS were closed yesterday for Independence Day.
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  • Article
    Land Office levy worries property market
    449 1  -  By Lilian Ang A CONTROVERSIAL method of calculating the levy developers pay when they alter masterplan provisions for state land is causing concern among developers and other building industry professionals. Called a differential premium, the levy, administered by the Land Office, has been in
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  • Article
    Lock icon Hitachi to reorganise overseas production of TV sets
    223 1 Reuter HITACHI LTD will reorganise overseas colour television production, doubling output of projection TV sets in the US and shifting production of all other colour sets to Mexico and Singapore, a spokesman said in Tokyo yesterday. Its US subsidiary, Hitachi Consumer Products
    Reuter  -  223 words
  • Article
    Straits land to be acquired
    147 1 STRAITS TRADING is losing more than 50,000 square metres of land in the Tanglin area of town to the government. A special edition of the Government Gazette said the government will be acquiring 10 lots of land totalling 53,076 sq m, almost all of which
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  • Article
    Lock icon Assets of top South Korean conglomerates rise 34.7 pc
    403 1 AFP SOUTH KOREA'S top business conglomerates saw their net capital assets mushroom in the past year, with the Hyundai Business Group retaining its leading position, according to official statistics. The statistics, released on Tuesday to the National Assembly by the Economic
    AFP  -  403 words
  • Article, Illustration
    US dollar plunges against major currencies worldwide
    277 1  -  By Quak Hiang Whai THE US DOLLAR fell to an all-time low of S$ 1.8303 against the Singapore dollar yesterday as the greenback plunged against other major currencies worldwide. Against the yen, the US dollar fell below the 150 level for the first
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  • Article
    Lock icon China's inflation under control: Li
    156 1 Reuter CHINESE PREMIER Li Peng was quoted as saying that inflation had been brought under control and that this would allow for "appropriate" economic expansion this year. The official People's Daily newspaper quoted Li as saying that he favoured moderate growth but vigilance was needed
    Reuter  -  156 words
  • Article
    EMS proposes $44.63 million rights issue
    454 1  -  By William Chia VIDEOTAPE housing maker Electro-Magnetic (S) Ltd has proposed a $44.63 million rights issue with detachable warrants to finance the group's expansion plans. The company said yesterday that the cash call involved a one-for-two rights issue of 25.5 million new shares with
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  • Article
    Lock icon Aquino proposes US$ 10.6b budget
    152 1 AFP PHILIPPINE President Corazon Aquino yesterday proposed a 247.4-billion-peso (US$lO.6 billion) national budget for 1991, a 17.9 per cent annual increase over the amount passed by Congress this year. Budget Secretary Guillermo Carague said in Manila that 18.8 billion pesos (US$BO5 million) would be used
    AFP  -  152 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      Page 1 Advertisements Column 2
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Apec forum ends with training agreement
        64 2 THE ASIA-PACIFIC Economic Cooperation forum held here on Monday and Tuesday came up with an agreement to set up a network of facilities to train experts in industrial technology, business administration and economic development. The initiative came from an Apec forum working level meeting
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      • Article
        British minister here on visit
        57 2 BRITISH Trade Minister David Trefgame arrived here yesterday for a three-day visit. He will be speaking to the British Business Association today on Britain and the Pacific Rim. He will be meeting Trade and Industry Minister BrigadierGeneral (Reservist) Lee Hsien Loong and his minister of
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      • Article
        About 1.3 m under Medishield
        56 2 EIGHTY-SEVEN per cent of eligible Central Provident Fund members, or 1.29 million people, are covered under Medishield, the national low-cost medical insurance scheme, as at end-June. Medishield came into effect this month. An additional 130,000 dependents of CPF members will also benefit from the scheme
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      • Article
        Exhibition attracts 900 firms
        46 2 MORE THAN 900 companies will be taking part in the Metal Asia/AutomAsia 90 exhibition at the World Trade Centre from Nov 20 to 24. Participants include groups from West and East Germany, the UK, Italy, Taiwan, Japan, South Korea, China and Czechoslovakia.
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      • Article
        Four more halls for NTI
        67 2 CONSTRUCTION has started on four more residence halls at the Nanyang Technological Institute. The halls will house 2,400 students, and will be ready by July 1993. The new intake of 1,995 students this week brings total enrolment to 6,909. Just over half are in engineering;
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      • Article
        All-out battle against Aedes
        69 2 THE ENVIRONMENT MINISTRY reminds the public to help eradicate the Aedes mosquito, which transmits dengue fever. One hundred and fifty-five cases of dengue haemorrhagic fever have been reported this year to June 23, a drop from the 238 cases in the same period last year. But
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      • Article
        Senior broadcasting man here
        53 2 A SENIOR Brunei government broadcasting official arrives here today for a three-day visit. The Permanent Secretary (Prime Minister's Office) and director of Broadcasting and Information from Negara Brunei Darussalam, Pehin Udana Khatib Dato Paduka Ustaz Haji Awang Badaruddin, will call on Communications and Information Minister Dr
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    • Article, Illustration
      Luxury goods market seen to be still healthy
      437 2  -  By Suzanne Soh EVEN if local competition hots up this year, Singapore's luxury goods market will remain "good" for retailers, says the Far East chief of Nina Ricci. But profits will be harder to come by because of the high rents and
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    • Article
      Choo sees merit in defence cooperation
      217 2  -  By Harish Mehta GREATER defence cooperation among the Asean states, without a formal defence-re-lated arrangement, is the system favoured by Singapore's Chief of Defence Force, LtGen Winston Choo. In an interview published in Jane's Defence Weekly dated June 30, Lt-Gen Choo made wide-ranging observations.
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    • Article
      NTUC Comfort may ask for rise in taxi fares
      287 2  -  By Yong Pow Ang NTUC Comfort may apply to the Public Transport Council for another round of increase in taxi fares, said the chairman of its Board of Trustees, Mr Mah Bow Tan. Mr Mah, also the Minister of State (Communications
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    • Article, Illustration
      BT artist wins top prize in UOB competition
      164 2 A MULTICOLOUR canvas titled Earth the first of a trilogy, has won BT executive artist Ben Cruz the top prize in the abstract category of United Overseas Bank Group's 9th Painting of the Year competition. And as abstract works go, 1 Earth
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      62 2 This announcement appears as a matter of record only SUNTORY PACIFIC PRIVATE LIMITED 5580,933,500 International placement of 10 per cent. of the issued share capital of CEREBOS PACIFIC LIMITED Managed and Arranged by W Wardley Limited member Hongkongßunk group Placing Agents James Capel (Far East) Limited Kay Hian James Capel
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      Page 2 Advertisements Column 2
      52 2 This announcement appears as a matter of record only {CeteSci fhafic LIMITED The Shares of Cerebos Pacific Limited have resumed trading on the Stock Exchange of Singapore Limited i Wardley Limited advised Cerebos Pacific Limited on the preservation of its listed status W Wardley Limited <J> member Hongkong Bank qroup
      52 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Metro sees rise in operating margin
      271 3  -  Lee Han Shih THE OPERATING margin for Metro Holdings Ltd's retail operations went up sharply for the year ended March 31, 1990, according to its latest annual report released yesterday. In that year, the local listed group registered a retail profit of around $16
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    • Article, Illustration
      Gen Mag sees 30pc profit rise
      553 3  -  By Magdalene Ng GENERAL MAGNETICS expects group after-tax profits to grow 30 per cent to $8.66 million for the current financial year ending Dec 31, 1990, said directors in the company's prospectus detailing its new share issue. Based on the forecast and an offer
      553 words
    • Article
      Malaysian Pacific to sell M$ 5m property to Bedford
      376 3 MALAYSIAN PACIFIC Industries Bhd (MPI) has entered into a sale and purchase agreement to sell to Bedford Bhd its leasehold land in Petaling Jaya together with a building on it for Mss million. The company said the sale, whose price was
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    • Article
      Loan stocks and bonds should be included in CPF scheme
      608 3  -  THE HOCK LOCK SIEW COLUMN By Conrad Raj THE CPF Approved Investment Scheme has enabled thousands to better the returns on their savings by allowing them to invest in the stock market. However, in most cases this can only be
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    • Article, Illustration
      G P Batteries picks S'pore as base for international push
      363 3  -  By Genevieve Cua GP BATTERIES International (GPBI), a subsidiary of Hongkong-based Gold Peak Industries Ltd (GPI), is to use Singapore as a launching pad for its penetration into Asean, the Middle East, Australia and India. Fuelling its plans is its
      363 words
    • Article
      Lock icon Nik Din raps Sg Besi directors
      299 3 Bernama THE KUALA Lumpur Stock Exchange (KLSE) executive chairman Nik Mohamed Din Datuk Nik Yusoff has publicly reprimanded directors of the Sungei Besi Mines Malaysia Bhd for significantly revising downwards the price of its share issue from MS 12.00 to M 54.00. "Such action
      Bernama  -  299 words
    • COMPANY BRIEFS
      • Article
        Kumagai sells another block of Guthrie shares
        44 3 KUMAGAI Property Marketing Pte Ltd has sold another block of 2.38 million Guthrie GTS shares for a consideration of M 52.44 million or MS 1.02 a share, reducing its stake in the company to 6.45 per cent.
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      • Article
        Dr Chan's stake in Renong
        78 3 DR CHAN CHIN CHEUNG's shareholding in Renong Bhd amounted to 7.936 million shares as at June 21, according to his submission of form 29b under the Companies Act. Dr Chan, a director in the company, sold six million shares registered under Syarikat Nominee Bumiputra Sdn
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      • Article
        No deposit from CASH
        54 3 CONSTRUCTION and Supplies House Bhd had not paid deposit of Msl million to the vendors when it cancelled an announced purchase of a 49 per cent equity interest in Chee Keong (M) Sdn Bhd. CASH was replying to a Kuala Lumpur Stock Exchange query on the
        54 words
      • Article
        Island raises stake in Austral
        50 3 ISLAND Peninsular Bhd acquired 18.78 million shares of Austral Enterprises Bhd on June 22, increasing its shareholding in Austral Enteiprises from 24.94 million to 43.73 million shares. A form 29b declaration dated June 26 said the shares were acquired through an Austral Enterprises rights issue.
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      • Article
        Dragon's option scheme
        67 3 DRAGON Phoenix Bhd's proposed executive share option scheme has received approval from its shareholders as well as the capital issues committee. In a notification to the KLSE on June 30, Dragon and Phoenix said the scheme was nbitf pending approval from the trade and industry ministry, and
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      • Article
        Aokam's extraordinary gains
        65 3 AOKAM TIN Bhd will realise an extraordinary gain Of M 511.38 million on its sale of 18.35 million shares of Cold Storage (Malaysia) Bhd to Faroy Sdn Bhd, it said, and not $3.42 million as previously announced. Correcting the errors, Aokam said the disposal would also increase
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      • Article
        MBf Card is associate company
        88 3 MBf Holdings Bhd has clarified that MBf Card Services Sdn Bhd, which was reported in a Malaysian daily's business section as having agreed to purchase the entire issued and paid-up capital of a car rental firm, is only an associate company and not a subsidiary.
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      • Article
        Johan, Redland mutual deal
        27 3 JOHAN HOLDINGS Bhd said the consideration of MS 18.25 million for its acquisition of Redland Ceramics Sdn Bhd was reached by mutual agreement.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      146 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. -rli Mi °5" M Model shown 6595 1418 58 JB_ Blanc paiN Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all,
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  • REGIONAL COMPANY NEWS
    • Article
      Lock icon Silverstone's entry may cause tyre glut in M'sia
      535 4 NST SILVERSTONE Tire Rubber Co's entry into the tyre industry is expected to lead to an oversupply in the Malaysian market and a revision of! marketing strategies by manufacturers to adapt to the new environment. Existing manufacturers are wary of revealing their
      NST  -  535 words
    • Article
      Lock icon Talam confident of future
      148 4 Bernama TALAM Corporation Bhd is confident of improving its results with the encouraging outlook in the coming year after the completion of its restructuring scheme, chairman Tan Sri Rozhan Kuntom said in the company's latest annual report. Tan Sri Rozhan said the group was still undergoing
      Bernama  -  148 words
    • Article
      Lock icon F A Peninsular sees group loss after revamp
      469 4 Bernama FA PENINSULAR BHP (FAP), a company formerly known as San Holdings, is projected to record a group pre-tax loss of M 5349,000 for the year ending March 31, 1991, following the completion of its proposed scheme of financial reconstruction. However, Impian
      Bernama  -  469 words
    • Article
      Lock icon Bedford goes on acquisition trail
      192 4 Bernama BEDFORD BHD has proposed to purchase four companies and two parcels of land for M 598.10 million. In a statement issued on its behalf by Bumiputra Merchant Bankers Bhd, the company said the acquisitions are expected to contribute positively to the long-term earnings of
      Bernama  -  192 words
    • Article
      Jarden Morgan may delist
      202 4 NEW ZEALAND financial services group Jarden Morgan Ltd is considering delisting the company and distributing cash to shareholders following a NZ577.3 million pre-tax loss for the year ended March 31, 1990. Jarden Morgan chairman Mr Bryan Johnson announced last Friday that the company had written off
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    • COMPANY BRIEFS
      • Article
        NEC sets up its first European design centre
        55 4 NEC CORP will establish the NEC European Technolei Centre (ETC) in Duesseldorf in October to develop design semiconductor products, a company statement sai NEC Electronics (Europe) GmbH, NECs semiconductor sal unit in Europe, will invest 30 million marks in centre, NECs first
        55 words
      • Article
        Cut in Aussie interest rates?
        88 4 WESTPAC BANKING Corp said it expects cuts in Austcaii interest rates soon after the August budget and further cuts 1991. "Evidence of weaker spending and rising unempk ment should motivate the authorities to allow fuither falls short-term rates soon after the Federal Budget, and also
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      • Article
        Investment to be written down
        110 4 PLACER PACIFIC Ltd said it will write down its invest me* in its 50 per cent owned Big Bell gold mine in Westeffl Australia by A$ 15 million. The writedown follows a review of the mine after a cost blow-out and changes to the mining
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      • Article
        Thai firm being sued
        110 4 TWO JAPANESE building companies are suing a Thai firm which they claim owes them US$2 million, court officials said on Tuesday. Thai Konoike Trading Co Ltd and Thai Konoike Construction Co Ltd say they are owed the money for the cost of construction and materials. Officials
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      264 4 ARE YOU FEELING THE STRAIN? HILL SAMUEL MMMMMMMMNMMMNMNMMMMNNNNMMMMMNNMMNNMNMMN PRIVATE BANKERS Are you thinking of buying a property in UK. Canada. US. Please call our hot-line on 534 2702 or complete the coupon and Australia. New Zealand. Singapore or Malaysia and would like a send or fax it to us. flexible
      264 words
    • Advertisement
      Page 4 Advertisements Column 2
      47 4 FOR SALE Stirling Gate Commercial Centre Perth, Western Australia Yield: 12.65% An opportunity to purchase a prominent investment property comprising an office and showroom development constructed in 1985/86. Price: A 57,500,000 The property is currently providing an income of A 5949,214 NET per annum. Call: JEFF LUTE
      47 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon UK Takeover Panel urges flexible EC bid code
      466 5 Reuter THE director-general of the UK Takeover Panel has asked for flexibility in the proposed European Community (EC) laws on takeovers to enable regulators to defend shareholders' interests prop«Jy- "Ideally, we would like to see a general power of waiver written into
      Reuter  -  466 words
    • Article, Illustration
      Lock icon Daimler sees better results in 1992
      429 5 Reuter DAIMLER-BENZ AG, West Germany's largest industrial group, has expressed dissatisfaction with its current operating results but is looking to better results by 1992. "Compared with our traditional yardstick we are not satisfied with our current operating results," management board chairman Edzard Reuter said.
      Reuter  -  429 words
    • Article
      Lock icon Fiat mulls over stake in GE engine project
      263 5 FT RAT of Italy is planning to become a risk sharing partner in the US$2 billion development programme of the world's largest commercial jet engine by General Electric of the US. The Italian car group is understood to be considering investing in
      FT  -  263 words
    • COMPANY BRIEFS
      • Article
        Peugeot share prices fall in wake of report
        109 5 SHARES in French carmaker Peugeot SA tumbled on Tuesday, losing nearly 4 per cent following a report by the National Statistics Institute (INSEE) that demand for cars in Franoe fell in the last quarter, dealers said. The share, which dosed 32 francs
        109 words
      • Article
        Crown fire under control
        77 5 CROWN CENTRAL Petroleum Corp said a fire that broke out at its Houston refinery was extinguished and that it resulted in only minor injuries. The company said the fife started at 14:50 EDT when a seal failed in a charge pump Id the crude unit. All
        77 words
      • Article
        Direct selling by Mobil
        81 5 MOBIL CORP said it had set up Mobil Gas Marketing (I/*)' Ltd to sell North Sea natural gas directly to industrial custofn-; ers. "Starting in October the company will have 70 miOidn therms per year (equivalent to 18.5 million standard cubic feet per day) available for
        81 words
      • Article
        Mazda to hit Indon market
        30 5 MAZDA Motor Corp will begin sales of a national car made for the Indonesian market from the end of this year, a Mazda spokesman said.
        30 words
      • Article
        Underground parking in Boston
        64 5 CONSTRUCTION group Ohbayashi Corp and a US builder have jointly won an US$B6 million order from the City of Boston to build an underground parking lot and a subway station, an Ohbayashi spokesman said. Ohbayashi has 33 per cent and the US partner 65 per cent
        64 words
      • Article
        Fresenius optimistic
        109 5 WEST GERMAN medical technology maker Fresenius AG said it expects double-digit growth in turnover and higher net profit in 1990. It did not elaborate, saying only that sales growth in 1990 would probably exceed the 10 per cent rise seen in 1989. Higher profits were also expected at
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      32 5 i,r .< K■+ 'or'; r v I BRAKING WITH TRADITION. The XJ-S 5 6 advanced ano4ock braking 11 *r- IT means can ~iiii oonri>iß«ion of never break. a^nL' Wl'iH?*'/lI^JMOM^MDmTT« o>-217«an>1 1 J^— l
      32 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Japan gives US$ l6.6m grant package to China
        89 6 JAPAN has accorded a 2.5 billion yen (US$l6.6 million) grant package to China to aid three cultural and public works projects, the Japanese Foreign Ministry announced yesterday. Some 1.5 billion yen (US$9.9 million) will go towards improving the water supply in the
        89 words
      • Article
        Nicaragua devalues currency
        68 6 NICARAGUA'S old currency, which the government is gradually replacing with a new money on par with the US dollar, was devalued 6.8 per cent against the dollar on Tuesday, the central bank announced. The official rate has risen to 365,000 to the dollar from 340,000 to one.
        68 words
      • Article
        World banking profitability falls
        92 6 THE AVERAGE RATE of return on capital before tax among the world's top 1,000 banks fell to 14.15 per cent in 1989, from 18.61 per cent in 1988, according to the annual Top 1,000 survey conducted by trade magazine The Banker. The Banker, published monthly in
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      • Article
        World Bank office in Warsaw
        89 6 THE WORLD BANK has opened an office in Warsaw, its first in Eastern Europe, and granted Poland a new line of credit worth US$25O million. World Bank vice-president Willi A Wapenhans said during a press conference on Monday that the Warsaw office would be able
        89 words
    • Article
      Lock icon Malaysian Big Five lose business to smaller banks
      430 6 MBT RAPID EXPANSION in the branch network of small and medium-sized domestic banks and the rise in the number of non-bank financial institutions over the last 10 years have led to a fall in market share of the five largest domestic banks
      MBT  -  430 words
    • Article, Illustration
      ABN senior adviser knighted
      87 6 MR PATRICK Aloysius Francis (left), a Singaporean who is a senior adviser at the Singapore branch of ABN Bank, has been appointed Knight of the Order of Orange-Nassau, by Her Majesty Queen Beatrix of the Netherlands. Mr Francis, who received his insignia on Monday, has worked
      87 words
    • Article
      MAS may revise format for returns on forex deals
      291 6  -  By Soh Tiang Keng THE MONETARY Authority of Singapore (MAS) is considering the need to revise the existing format of its monthly returns on foreign exchange transactions. In this respect, it is conducting a pilot survey of foreign exchange transactions of
      291 words
    • Article
      Lock icon Bonn likely to resume China export credit insurance
      290 6 Reuter WEST GERMANY, the sole Western industrialised nation which still freezes export credit insurance on trade with China, is expected to restore it soon, a leading businessman said in an interview published yesterday. Heinrich Weiss, leader of a private industrialists' group focusing
      Reuter  -  290 words
    • Article
      Setting up a trust to protect assets
      611 6  -  By Edmund Lee The writer is director of Standard Chartered International Trustee Ltd RECENTLY, a Chinese newspaper in Hongkong carried a story of a wealthy businessman who, to avoid paying estate duty, had given a large part of his estate to his son.
      611 words
    • Article
      Lock icon Banker says 1990s will be age of portfolio management
      201 6 Bernama THE 1990s will be the age of the coming of portfolio management for everyone, the large institutions and individual investors alike, spelling bigger business opportunities for portfolio fund managers, a leading merchant banker said in Kuala Lumpur yesterday. Mr Douglas
      Bernama  -  201 words
    • Article
      Lock icon Japan mum on Taiwan bank branch
      169 6 Reuter JAPAN'S Ministry of Finance (MOF) declined to comment on press reports that it has approved the opening of a Tokyo office by Taiwan's Chang Hwa Commercial Bank. A ministry official said he was unable to comment on individual applications, adding that in principle
      Reuter  -  169 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      197 6 MEETING YOUR DRINKING WATER REQUIREMENTS:- ON YOUR LEISURE BOATS FISHING BOATS WORK BOATS TUGS, ETC BY CONVERTING SEA WATER INTO FRESH WATER Super small Light weight Handy type. High purity of water produced .which is acceptable One touch operation. by the water works law. Inexpensive running costs. Strong against corrosion
      197 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Gloomy forecast for Hongkong
      455 7 Reuter HONGKONG faces an economic slowdown, high inflation and a weakening in the effectiveness of its government as the 1997 handover to Chinese rule gets nearer, according to a report by consultants Business International, a unit of the London-based Economist Intelligence Unit. The analysis, which also
      Reuter  -  455 words
    • Article, Illustration
      Lock icon Reinforcing each other's love
      52 7 Father and son embracing and exchanging greetings yesterday at the Baitul Mukarram National Mosque in Dhaka, Bangladesh, after mass Aidil Adha prayers. Aidil Adha is the second largest Muslim festival, coinciding with the haj in Saudi Arabia, and marked by cattle and sheep sacrifices. AFP Picture
      AFP Picture  -  52 words
    • Article
      HK firms urged to set up shop in Japan
      304 7 HONGKONG companies intent on penetrating the Japanese market but hit by the weaker yen should look at setting up in Japan, perhaps with a local partner, according to two Japan experts from McKinsey and Co. Mckinsey's Kevin Jones, based in Tokyo,
      304 words
    • Article
      Lock icon Repayment plan for Chinese students
      155 7 AP THE Australian Cabinet has endorsed a multimillion-dollar repayment plan for Chinese who planned to study Down Under but then were refused permission to enter the country. Education Minister John Dawkins said on Tuesday that the government expected to recoup this money from the private
      AP  -  155 words
    • NOTE BOOK
      • Article
        V P Singh eases petrol rationing plan
        90 7 INDIAN PRIME MINISTER Vishwanath Pratap Singh, who introduced petrol rationing 10 days ago to cut domestic consumption, relaxed the curbs on Tuesday. The government relaxed the June 24 ban on the sale of fuel on Sundays, after motorists' associations and commercial vehicle unions
        90 words
      • Article
        Hitch in Perlis dam project
        71 7 THE MASSIVE Ms6o million Timah Tasuh dam project scheduled for completion at the end of this month is expected to be ready only in July next year, according to Perlis state executive councillor Talib Haji Ali. The state government is in the process of selecting
        71 words
      • Article
        Philippine inflation down
        59 7 THE PHILIPPINE national inflation rate dipped to 12.2 cent in June compared with 13.1 per cent in May, the National Statistics Office said yesterday. Lower price rises in the provinces offset inflation pressure in the capital. The inflation rate has been in double digits for the whole
        59 words
      • Article
        Cory may be at enthronement
        52 7 PRESIDENT CORAZON AQUINO may attend Japanese Emperor Akihito's enthronement in November, breaking V self-imposed ban on foreign trips this year. Japan has not formally invited individual foreign leaders, but has made It known that Tokyo will be ready to receive foreign dignitaries for the November
        52 words
    • Article
      Lock icon Petrochem sector to boost Johor growth
      263 7 MBT PETROCHEMICAL industries in Johor will stimulate the state's economic growth when the peninsular gas pipeline project is completed within the next five years. Based on an impact analysis carried out by the state government, these industries are poised to become the major resource-based
      MBT  -  263 words
    • Article
      Lock icon M'sia buys Vietnamese rice
      144 7 NST MALAYSIA has bought 10,000 tonnes of rice worth M 54.57 million from Vietnam, the first purchase of rice from the country since the communist takeover of South Vietnam in 1975. Ghazali Ibrahim, director of the National Paddy and Rice Board, said the price was M
      NST  -  144 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      156 7 YOU ARRIVE IN NEW YORK. YOUR DOCUMENTS FOR THE PRESENTATION DON'T. I re in your hotel room in Tokyo. And it's forty-eight hours before the presentation. Relax. Visa Gold's Document Delivery service will get them for you on time. More than documents, it delivers assurance. And from assurance comes control.
      156 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Kaifu Cabinet's popularity rating up
        103 8 PUBLIC SUPPORT for the Cabinet of Japanese Prime Minister Toshiki Kaifu was up four percentage points from May to 56 per cent at the beginning of this month, an Asahi Shimbun poll showed yesterday. The influential Japanese newspaper conducted the survey on Sunday and Monday,
        103 words
      • Article
        Tokyo doing its bit for ozone
        96 8 THE JAPANESE Ministry of International Trade and Industry (Miti) says it is increasing efforts to provide financial help to industries that must limit the use of substances that destroy the earth's ozone layer. Ozone-depleting chlorofluorocarbons (CFCs) will be phased out by the year 2000
        96 words
      • Article
        Taiwanese official defends deal
        92 8 A TAIWANESE EMBASSY spokesman in Johannesburg has defended the Taiwanese operator of a South African company that was awarded a controversial contract to cull 30,500 seals at Kleinsee this year. The embassy's commercial attache, who asked not to be named, said on Tuesday that in spite
        92 words
      • Article
        Foreign tie-ups rise in Hungary
        60 8 THE NUMBER of joint ventures between local and foreign companies in Hungary has jumped by more than six-fold in the past year, according to official figures. The Ministry of International Economic Relations said on Tuesday that there were now about 1,800 of such joint-venture companies
        60 words
      • Article
        Request over E German mergers
        68 8 THE EUROPEAN COMMISSION has asked the East German government to consult it before authorising mergers in the country, say sources in Brussels. Sir Leon Brittan, the commission vice-president for competition, made the request in a letter to East German Industry Minister Gerhard Pohl a few
        68 words
      • Article
        Nuclear clean-up estimates up
        69 8 THE US ENERGY DEPARTMENT says it will cost about US$6 billion in each of the next five years to store and clean up waste from America's nuclear weapons plants, yearly 50 per cent more than earlier projections. It blames the increase on the discovery of additional
        69 words
    • Article
      Lock icon West urged to rescue Soviet economy
      648 8 AP THE US and other Western countries are being urged to rush to the rescue of the faltering Soviet economy with an emergency aid package of up to US$2O billion. Supporters of the plan say that without such assistance, Soviet President Mikhail S Gorbachev
      AP  -  648 words
    • Article
      Lock icon West German govt finalises 1991 federal budget
      309 8 AP THE WEST GERMAN government has agreed on its 1991 federal budget and proclaimed itself financially "well-prepared" for German unification. The 1991 budget calls for overall government spending to rise to 324 billion German marks (US$l96 billion) from 311.8 billion marks (US$lBB.9 billion)
      AP  -  309 words
    • Article, Illustration
      Lock icon Soviet Communist Party fighting to retain wealth
      563 8 AP LEADERS of the Soviet Communist Party say they will fight calls to turn over its enormous wealth, saying such demands are intended to cripple the party in a struggle with emerging political groups. Preparing for what promises to be a fierce fight
      AP  -  563 words
    • Article
      Lock icon Japanese oppose log-export restrictions
      173 8 AP JAPAN is putting pressure on the Bush Administration to ease log-export restrictions, says The Oregonian. The Portland paper said on Tuesday that Ryohei Murata, the Japanese ambassador to the United States, wrote a letter to US Trade Representative Carta A Hills on June 15 asking
      AP  -  173 words
    • Article
      Lock icon Strange logic steers American car wars
      266 8 NYT WITH SALES SLUGGISH, the US Big Three domestic motorcar makers recently announced midyear price increases, a move that illustrates the curious economic logic that governs the pricing strategy in Detroit these days. Even though the market for new cars is weak, Ford, General
      NYT  -  266 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      526 8 4' I THE PREMIER MEETING PLACE SPEAKERS FOR THE OIL INDUSTRY... Mr M S Almuhairi 17-19 September 1990 XVS'iT"" ■pPffU Raffles City Convention Centre Mr Ang Swee Tian LUjUka Singapore Sin>"d|x>re lnlefndlMMi.il S Monetary Ex< hdOkje lid Singapore ingapore, one of the fastest growing business capitals of I •Mr eg
      526 words
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      Page 8 Advertisements Column 2
      145 8 I PROPERTY INVESTMENT I JLW New Zealand personnel will be available to discuss commercial 1 property investment opportunities on 11th and 12th July. I Asking Prtc» (HZQ WM YIKI I AUCKLAND I Prime inner suburban $70,000,000 8.45% I shopping and office complex I Industrial and office $18,000,000 11.75% I suburban
      145 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      39 9 ttflirfc i CHANGI. UTA, The French Airline, flies to Paris every Tuesday and Friday, non-stop. French cuisine, French wines, French stewardesses are all on board, so why wait 'till you get there? Now, Paris starts at Changi. Fttna mums
      39 words
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  • Article
    When giants make up
    476 10 EDITORIAL An era has come to an end. An era of hostility and mistrust between the two giants of East Asia, Indonesia and China. For 23 years, the regime of President Suharto held the door firmly shut on China, unable to forgive or forget the past.
    476 words
  • WHAT THE OTHERS SAY
    • Article
      A cultured debate
      221 10 THERE is need for a debate on Asian values vis-a-vis those of the West. Singapore is an Asian country. Like many other Asian countries, it is coming to terms with the economic and social aspects of modernisation. The first is simpler, demanding merely that economically productive behaviour
      221 words
    • Article
      United Germany's role
      131 10 THE Germans have very good reasons to rejoice. The monetary union between West and East Germany has been effected, another milestone on the road to reunification. But there are other hurdles to clear before the final act, one of which is the military question. For East Germans,
      131 words
    • Article
      A boon to China
      115 10 CHINA and Indonesia will re-establish diplomatic ties next month. In fact, China has always been close to South-east Asia because of geopolitical reasons. That fact notwithstanding, it was therefore paradoxical that before the latest development, three out of six Asean countries did not have formal ties
      115 words
  • REGIONAL VIEWPOINTS
    • Article
      A bit too hazy?
      194 10 OPINION polls suggest that the support of the Communist Party has plummeted in the last two years. Many observers go as far as to assert that the party machinery itself is the major barrier to perestroika. A sense of uneasiness is widespread among party members, and
      194 words
    • Article
      No looking back
      138 10 THE weekend euphoria which accompanied the end of border barriers between West and East Germany, and saw a single currency become reality, will fade rapidly as harsh economic home-truths spoil the party. Teutonic discipline will be tested as the two Germanys move towards full union in the
      138 words
    • Article
      Self-help first
      174 10 IT IS obvious that any move to retain Malaysia's skilled labour to meet its own needs must come from within the country itself and other countries cannot be expected to help out in what is essentially a domestic matter. The Malaysian government has indeed taken several steps to
      174 words
  • Article, Illustration
    Lock icon Danger zone
    1016 10  -  John Cooley senses that the simmering Middle East conflict is coming to the boil again and this time with devastating consequences John Cooley IHT AFTER watching three major Arab-Israeli wars in 1967, 1973 and 1982 and visiting Iraq and Jordan last month, it is easy to hear again
    IHT  -  1,016 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      304 10 The Asia-Pacific... the new frontier of growth in the 21 st century, and Singapore... the regional financial hub and one of the world's fastest growing business centres... provide the perfect setting for the Global Fund Management Conference and Exhibition. International Conference and inhibition on Global Fund Monogement Whether you are
      304 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      31 10 DOONESBURY 1 vlltakb' m IMOUTA a* A3® M I l ¥r£ifu Mo mIM AUTTie HAW mi SUF5 7 I H&te'tM StftP fT* JOINING TWTATIVZ, dUOb' I t J^ nt ourr' HtPtAC£
      31 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Neither boom nor bust
      1436 11  -  Official statistics show that the US economy continues to eke out slow growth, prolonging the longest peace-time expansion in history. But the rising number of bankruptcies and closures seem to point to a recession. Scott McCartney reports Scott McCartney AP Richard lyon and his son tried
      AP  -  1,436 words
    • Article, Illustration
      Lock icon Economic sense will prevail
      622 11 Japanese banks expect some confusion from the economic union of the two Germanys but feel that in the long-run, it will be good for the world economy Asahi ANALYSTS at Japanese banks are optimistic about the effects of the July 1 German economic unification on the
      Asahi  -  622 words
    • Article
      Lock icon Vital statistics — they don't add up
      896 11  - Vital statistics they don't add up Martin Crutsinger examines the numbers game in Washington and warns of the road to ruin Martin Crutsinger AP THE government's number mills are in trouble. At a time when the US economy has never been more complex, federal statisticians are losing the ability to
      AP  -  896 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      121 11 sth-Bth July 1990 11a.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 thai promotes the welding, engineering, metaNroriung and building industries To the prospective visitor Asia Weldex/Fastener 90 unveils
      121 words
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  • FOCUS
    • Article
      Australia to launch $1.5 m meat promotion
      363 12  -  ADVERTISING MARKET|NG By Sangeeta Mulchand Encouraged by the upward trend for meat consumption in South-east Asia, The Australian Meat Live-stock Corporation is launching a $1.5 million promotional campaign to boost regional exl>orts by 30 per cent. Speaking to BT, manager for South-east Asia
      363 words
    • Article, Illustration
      Dental health ad wins award
      163 12 A POSTER shot full of holes recently won international kudos for Ketchum Advertising's Singapore office. The poster for the Ministry of Health won a bronze award at the International Advertising Festival of New York. The ad was part of a campaign launched last year during
      163 words
    • Article
      Lock icon American military papers flourish
      585 12 NYT AT A TIME when many US newspapers are facing a slump in advertising, Army Times and its sister publications, Navy Times and Air Force Times, are doing well. Advertisers like the publications, which are owned by The Times Journal Co, because they are an easy
      NYT  -  585 words
    • Article
      Lock icon Scramble in Spain to cash in on ad boom
      340 12 NYT Although newspaper circulation has remained stagnant in Spain since the *****, publishers have been rushing to start new dailies in a scramble to tap the booming advertising market there. "Spaniards don't read newspapers," one senior government official said, noting that
      NYT  -  340 words
    • Article
      National comes out tops in brand survey
      847 12 National. That was the brand name that came out tops in a survey to assess the market positions of several brands of household appliances and their penetration into Singapore homes. Conducted recently by the research and information department of Singapore Press Holdings, the
      847 words
    • Article
      How not to manage a controversial issue
      482 12 WHAT happens when a public relations firm doesn't follow its own advice? Ask Hill Knowlton. Chief executive Robert Dilenschneider recently meted out kudos and criticism equally in a new book about the public relations business, Power A Influence: Mastering the Art of Persuasion.
      482 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      106 12 To find out just how little space our Minol To go into the long and short of i T ~i protaide beyond the machine, taking up it. our KPS4(K) copier is just 690nini i I more space, this compact copier has 3 I h i x Both dimensions are as
      106 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sabatini wins semi-final berth
      824 13 AFP GABRIELA SABATINI produced an almost telepathic victory with the Argentina football side to advance into the semi-finals of the women's singles tournament at Wimbledon on Tuesday. She reached match point in her difficult encounter with Natalia Zvereva at almost the same moment as her compatriot
      AFP  -  824 words
    • Article, Illustration
      Lock icon Argentina pulls off shock win over Italy
      650 13 AP DIEGO MARADONA and Argentina pulled off another great escape act and sent soc-cer-crazy Italy into a state of shock. The defending World Cup champion beat the host nation 4-3 in a penalty shootout yesterday morning in Naples after the teams had been
      AP; AFP picture  -  650 words
    • Article
      Lock icon Japanese blank cheque offer reported for Maradona
      237 13 Reuter IF DIEGO MARADONA tires of the soccer wars after leading Argentina into Sunday's World Cup final against either West Germany or England, he may be able to opt for luxurious semiretirement in Japan. A Japanese newspaper on Wednesday said a Tokyo company
      Reuter  -  237 words
    • SIDE LINES
      • Article
        Tour de France leader regains lost seconds
        107 13 OVERALL LEADER Steve Bauer of Canada regained the two seconds he lost a day earlier and added another two seconds on intermediate sprint bonuses to take a 12-second advantage on Tuesday after four stages of the Tour de France. Bauer finished in the
        107 words
      • Article
        Javelin champ eyes new mark
        150 13 NEW WORLD JAVELIN RECORD-HOLDER Steve Backley aims to make more athletics history in Edinburgh on Friday. The 21-year-old English giant, who set his 89.58 m landmark in Stockholm on Monday, intends to become the first man to break the 90m barrier at the International Athletes'*
        150 words
      • Article
        UK tourists trounce NZ side
        79 13 WINGER Paul Eastwood converted three tries and kicked a penalty to help Great Britain's rugby league tourists to a 24-0 victory over a Taranaki invitation side in New Plymouth, New Zealand, yesterday. In the last game before the second Test against New Zealand in Auckland
        79 words
      • Article
        Witt ends losing streak
        210 13 BOBBY WITT snapped a personal five-game losing streak against Baltimore with a six-hitter and Jack Daugherty went three-for-four with a pair of doubles in Arlington, Texas on Tuesday. Witt (3-8) struck out seven and walked four in pitching his first complete game of the season. Baltimore
        210 words
    • Article
      Lock icon King 'probably' cheered for Tyson in Tokyo: Trump
      393 13 Reuter BILLIONAIRE Donald Trump told a US federal court on Tuesday that boxing promoter Don King was "probably rooting" for Mike Tyson when the former heavyweight boxing champion lost his title in a stunning lOth-round knockout by challenger James "Buster" Douglas last
      Reuter  -  393 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      71 13 Its speed is also hard to beat Minolta HPS t()()issuch a tough act tocopy o i" ~rcopies a minute. While Simul Color II >mim —Call 563 5533 to find out more. MUM lets you copy in black or colour or Minolta Singapore (Pte) Ltd. 10. Tehan erase, in 3 sections,
      71 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      316 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE. PINE AMP ENTERTAIN... WHERE TO WINE, DINE... Some like it hot PHHHHHI hHRHHK The Szechuan Court is proud to present the return of The Xi'an Master Chefs from The Golden Flower Hotel of Xi'an. With skills as legeivdarv as the great
      316 words
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      Page 14 Advertisements Column 2
      372 14 Smoking hot curry clay pots spice up the poolside menu i Treasured recipes from our Singapore chefs are used to highlight the poolside menu. Spicy and mouthwertering curries are offered daily by the poolside on me fifth floor of Regency Terrace from 11 .(X) am till 9.45 pm. All clay
      372 words
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      Page 14 Advertisements Column 3
      202 14 Watch beautiful models in bright and breezy swimwear every Thursday at 7.30 pm. Happy Hours: 6 8 pm (Monday Friday) 30% off standard drinks. SftW. PLAZA Hotel \J Be*S *****» 2*ooll Eiiai ROSEGARDEN SICHUAN RESTAURANT Level 5. Golden Landmark Hotel 190 Victoria Street, Singapore Introducing our new Set Lunch Promotion
      202 words
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      Page 14 Advertisements Column 4
      253 14 a Oyster Rockefeller, Roast Pork loin stuffed with chillies, Prawns Creole, Flapjacks, Apple Pie... the list goes on at The -jl. Belvedere's American Buffet in July. For a true-blue American jl. meal, c'mon over to The Belveaere. Awricu lattM Luth July 1-31, noon 2.30pm Adult: $36++, Child below Id $18+
      253 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      633 14 TELEVISION AND RADIO a "M "M ~m~-w A *W 12.20 AM Close. 7.00 CaMe News Network. BUSINESS ON RADIO A kid and King Arthur SSSSr rsyssarar'-' O J*" The Dinner 5.55 Ml Eadmnttng Creamy «aau TakMr 5.30pm, 3.25 am: Financial News Party. (C, Cartoon). ■■■■op sr ■iH r L aHa
      633 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Contract to kill seals causes furore
      635 15  -  Another of the South African government's actions is raising an outcry, reports Michael Sanders Michael Sanders AFP SOUTH Africa's white minority government is on the verge of a public relations disaster despite efforts to shake off its image as the world's pariah. This time
      AFP  -  635 words
    • Article, Illustration
      Lock icon Origin of Sevso treasure under investigation
      657 15 NYT SCOTLAND YARD is investigating the handling of 14 pieces of ancient Roman silver that Sotheby's is trying to sell for Lord Northampton and his family trust. The origins and ownership of the silver, known as the Sevso treasure after a name inscribed on
      NYT  -  657 words
    • Article
      Brigitte Bardot in bid to stop slaughter of seals
      733 15 CHATTERBOX FORMER screen sex symbol Brigitte Bardot said on Tuesday she would go to South Africa to try to stop the slaughter of seals for aphrodisiacs and dog food. The French star, who has dedicated her retirement from the cinema to
      733 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      222 15 AND ENTERTAIN A Taste For Italian Masterpieces. ITALIAN PROMOTION PJV 6 TO 16 JULY 1990 BUFFET DINNE* ''e v PUKE ADULTSI2V CHILDREN $14. life.-,' IHA*G?AND 4* CESS From 6 to 16 July, we present you with the taste sensations of Italy. Authentic specialties prepared with the freshest ingredients. And to
      222 words
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      Page 15 Advertisements Column 2
      145 15 43£ Tn/wi/ a Restaurant and 1 KUIKA Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour A la carte/ Set Lunch/Set Dinner Fashion and Swimwear Every Tues, Wed, Thurs. Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily 1130 am to 2.30pm
      145 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares close weaker in lethargic trading
      4427 16  -  By Magdalene Ng LACKLUSTRE trading on the local stock market yesterday confirmed analysts' expectations that share price changes would be small and uneventful after the public holiday-extended weekend. Share prices were weaker across the board in thin trading after selective bargain hunting alternated with
      4,427 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4211 17 Main Board OCBC Foreign 1040 +30 +3.0% Tong Meng 262 +21 +8.7% SIA Foreign 1830 20 +1.1% SIA 1350 +20 +1.5% SPH Foreign 1060 20 +1.9% Ssangyong 50* 322 +14 4.5% DBS 1260 +10 0.8% OCBC 955 +10 +1.1% FELS 50* 720 +10 +1.4% UOB
    4,211 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      276 18 "Tffifinr Date Yaar Group Nat Nat aaralags Gross ami ta profit/km (L) par shara dhrtdand COOO) (caats) -port Fodder W2 Dec 89 $5901($7631) Iiansmarco Jul 2 Mar 90 $9,243(115,641) 37 0(62 6) 6(6) lurooi fng )un 27 Oec 89 $4.7591 (13,320) —(13.3) 7.5(15) Hexa Corpn kin 26 ton
      276 words
    • Article
      RESULTS DUE
      445 18 Singapore Stocks Lwt Full Yoar Company Nnod Date Itm Net ffS Gran Hat nnntd nk| (cafe) 4a pnM M yea (TWO) hat* final Feb 28 No* 89 391 100 11.728 Lea« ttat Wenm Mar 30 Dec 89 5351(h) EMS Wenm Apr 26 Jul 90 93(a) 2311(a) 4.747 Tat
      445 words
    • Article
      BONDS, LOANS & WARRANTS
      634 18 BONDS, LOANS WARRANTS C4C III Betore 26/4/93 1 warrant phs $3.09 cart Cmvty LAM Cwi> III 2/10/89 to 20/10/94 1 warrant pta $1 CM* or 1 warrant phs SI nominal amount of loan stock Chan H*> Notts Owlk|l Kbrdi 87 to 31/12/91 1.55 warrants phs $1.55 cash. Oh M* mn
      634 words
    • Article
      DIVIDENDS ANNOUNCED
      781 18 CwTMrt Ex Books Date Tatal tar Tatal tar paynant date dot* payable tba yaar last yaar DMFP km 20 Jul 5 Aug 15 129*n Amcd 10% Jun 18 Jun 28 Jul 16 10% 10% Ada Pacific 15.4% (I) Jul 4 Jul 16 JU 20 15 4% 35 8%
      781 words
    • Article
      PRELIMINARY RESULTS
      198 18 Company Data Yaar Group pra-tax Nat earnings Crass ann to profit/toss (L) par sharo dtvtdaMl (•000) (cants) Alex Hldgs Jim 29 Mar 90 $1,786(11.672) 5.4(56) 6(6) Son Hop )«n 29 Mar 90 $17.429($15,638() 92(96) 10TE(NA) MetaJock Jun 29 Mar 90 J7.171 ($5,280) 20.8(14.5) 10(8) Polytek Jun 29 Mar
      198 words
    • Article
      APPROVED ISSUES
      246 18 Company Rights Issue E8 Carpn One-tor three MSI GO per share 130 131m 1% Convert** Unsecured Low Slock o) MSI 00 nommal value to be ssued on the bass of 1 CHS tor every eight shares held Ex-date tun 6 Books dose tun 20 Acceptance I Payment NYA
      246 words
    • Article
      INTERIM RESULTS
      163 18 Company Data Half-year Group pre-tax latorfn mn to profit/lees (L) diuMwd (•000) Ganda Hldgs Jon 29 Mar 90 M53.237L (S2.236L) Pacific Can Jon 29 Mar 90 $681 -<-) Samanda HWgs ton 28 Mar 90 M$4.997($5,120) CASH Jun 26 Feb 90 MJ669l($500L) Asa Pacific Jun 22 Mar 90 J48.108(J51,412)
      163 words
    • Article
      CORPORATE DEVELOPMENTS
      398 18 M 2 Asa-Pacific Breweries is selling its Tiger and Anchor breweries sites in Alexandra Road for $264.17 m, giving it a book surplus of $260 m Kim Eng Hoidnp has applied for a licence to set up a research office in Malaysia. Kumagai-Zemcen Construction is unloading its Guthrie
      398 words
    • Article
      COMPANY MEETINGS
      384 18 Lion Corporation Bhd: EGM at Room 506. sth Floor, Wisma SPS, 32 ialan knh, ***** Kuala Lumpur on Thursday, July 5, at 11am. Metroplex Bhd: EGM at Sabah Room Level 3, Putra World Trade Centre, Jaian Tun Ismail. ***** Kuala Lumpur on Thursday, July 5, at 11am. KMa
      384 words
    • Article
      PROPOSED ISSUES
      584 18 Company Rights Issue Causeway kw Caprtal rcducbon scheme to reduce par value of shares from $100 to J060; Rights issue of 3:2 1060 per share CAM One (or ooe MUM per share Every lour nghts shares would be issued with one TSR FAC8 Capital Reduction Scheme to reduce
      584 words
    • Article
      RECORD HIGHS & LOWS
      130 18 RECORD HIGHS LOWS BT Composite Index ST Industriab Index imm Ithy JJ ((.,?/Q0) 1990 h*(t 1(07.12 (27/3/90) MO If 2MU 2 5 90 1,5818 (2/5/50) 19» M(h: 1M776 (26/12/19) £2 (2 !w£! <w») 19M Net.: 1043 86 (8/8/88) }g J"][ 1988 low ***** (4/1/88) 1607 12 <27/3/90 M-lm Mch: 1402
      130 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      254 18 NOTICES THE COMPANIES ACT, CAP. N K. AiUptrta Pto. Ltd. (In Vataatary UjaMattaa) SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Company held at 2 Ftnlayson Green, #10-06 Asia Insurance Building, Singapore 0104, on Tuesday, 3rd July 1900 the following Special Resolutions were passed:(a) That K. Autoparts Pte. Ltd.,
      254 words
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      Page 18 Advertisements Column 2
      313 18 IN THE MATTER OP RINKU INTERNATIONAL PTE LTD (Im Valutary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 17 Phillip Street #05-01, Grand Building, Singapore 0104 on the 29th day of June 1990 the Special Resolutions set
      313 words
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      Page 18 Advertisements Column 3
      66 18 This announcement appears as a matter of record only At APOLLO ENTERPRISES LIMITED RIGHTS ISSUE OF 34,205,452 NEW ORDINARY SHARES OF $1.00 EACH IN THE CAPITAL OF THE COMPANY AT $1.85 PER SHARE ON THE BASIS OF ONE (1) NEW ORDINARY SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE HELD
      66 words
    • Advertisement
      Page 18 Advertisements Column 4
      72 18 Macquarie Acceptances Limited U5535,000,000 Floating Rate Notes Due 31 December 1991 In accordance with the provision of the Notes, notice is hereby given that for the six month period from 5 July 1990 to 4 January 1991, the Notes will carry a rate of interest of 8.575 per cent, per
      72 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares edge lower as investors turn cautious
      3659 19 MBT A LACK of buying interest saw share prices retreating to lower ground in quiet trading on the Kuala Lumpur Stock Exchange yesterday. Confidence was at a low ebb as investors refrained from committing fresh funds, and share prices edged lower gradually. A
      MBT  -  3,659 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      139 19 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 he given in our dally reporting. As part of BT's overall service we have always recognised t.bia and taken the necessary steps. Pilling the gap
      139 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Prices rise on highest volume in a week
      2276 20 TOKYO STOCKS closed higher on the yen's rise against the dollar yesterday. At mid-morn-ing, the US dollar dipped briefly below 150 yen for the first time in Tokyo in over a month, prompting investors to sell export-dependent electricals and buy selected small
      2,276 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Stocks rise marginally to another record high
      2497 20 SHARE PRICES rose marginally on the local market yesterday with the Hang Seng Index gaining 6.94 points to another post-crash high of 3,363.49 yesterday. Turnover however dropped to HK$l.B4 billion, against Tuesday's HK52.16 billion. The market opened firm, but profit-taking by investors later
      2,497 words
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  • REGIONAL STOCK MARKETS
    • Taiwan prices fall to a 25-month low
      • Article
        AUSTRALIA
        995 21 THE AUSTRALIAN sharemarket finished higher on good volume yesterday with most major stocks strongly sought. The All Ordinaries index leapt 26.7 points, or nearly 2 percent, to 1539.4. One broker said the market had completely ignored the firmer Australian dollar and that there had been solid demand from offshore
        995 words
      • Article
        BANGKOK
        691 21 THAI SHARES finished mixed in heavy trade yesterday dominated by strong demand for bank blue chips and late profit-taking in the finance sector. The official SET Index lost 0.02 point to end at 1087.51. Declines led advances 92 to 63. Most active were Oriental Lapidary, Nava Finance and Union
        691 words
      • Article
        MILAN
        501 21 PHILIPPINE SHARE prices closed lower for the second day yesterday after Imelda Marcos was acquitted of fraud and racketeering charges. Brokers said the market will remain soft in the coming days. The Manila Stock Exchange composite index fell 14.63 points to close at 837.82. The combined volume at the
        501 words
      • Article
        TAIPEI
        463 21 A SELLOFF of financial stocks by nervous investors pushed Taiwan share prices sharply down to a 25-month low, dealers said, The weighted index fell 228.69 points, or 4.7 per cent yesterday, to finish at 4,677.18, the lowest since 4,648.73 on June 3, 1988. The index closed at 4,905.87 on
        463 words
      • Article
        SEOUL
        789 21 SEOUL STOCKS fell in increased trad- ing yesterday as investors took profits from large gains in the previous session, brokers said. The composite index closed at 735.30, falling 9.74 points from Tuesday's close. Turnover more than doubled to a moderate 260.2 billion won from 111.9 billion. "People are coming
        789 words
      • Article
        NEW ZEALAND
        406 21 NEW ZEALAND share prices closed higher yesterday, driven by a combination of factors but mainly by a stronger Australian market coupled with a stronger Australian dollar. "It's the Aussie market that's certain- ly sent ours up," Jordan Sandman Were's Scott Richardson said. "Their dollar gave them power over
        406 words
      • Article
        Untitled
        864 21 (To* Pervious July 4 SYDNEY All Ordinaries Index 1539.4 1512.7 +26.7 All Industrials Index 2426.0 2384.1 +41.9 All Resources Index 866.1 851.0 +15.1 Turnover (million) 107.96 79.86 28.10 BANGKOK SET Index 1087.51 1087.53 -0.02 Turnover (nearest'000) 93,779 75,500+18,279 JAKARTA Composite Index NA Closed Turnover (nearest '000) NA Closed MANILA Composite
        864 words
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  • WORLD STOCK MARKETS
    • US stocks inch up despite weak forecasts
      • Article, Illustration
        NEW YORK
        833 22 US STOCK PRICES advanced modestly in thin pre-hoiiday trading on Tuesday, undeterred by a spate of weak corporate earnings projections and an almost day-long slump in the bond market. But the gains lacked real force, and some analysts still question the stock market's ability to sustain its advance.
        833 words
      • Article, Illustration
        LONDON
        818 22 SHARES recovered ground late in the session to finished little changed on London's Stock Exchange on Tuesday. The market opened stronger, on general buying enthusiasm led by rumours of a couple of large buy orders. The main index, the Financial Times-Stock Exchange 100-index, peaked at midmorning, rising 9 points.
        818 words
      • Article
        BRUSSELS
        178 22 BELGIAN shares yesterday opened narrowly mixed on the last day of the current forward market account. Turnover was low in most stocks, but utility Ebes and steelmaker Cockerill saw moderate activity. Dealers said light buying by institutional investors over the past few days appeared to have dried up for
        178 words
      • Article
        FRANKFURT
        330 22 WEST GERMAN shares continued their upward trend yesterday, closing one per cent higher after a small consolidation on Tuesday. Dealers said market sentiment was still very positive. The return of foreign buyers to the market had rekindled hopes that prices will continue to rise to late March's record levels.
        330 words
      • Article
        MILAN
        196 22 ITALIAN SHARE prices finished lower on the day, but above lows seen early in the session, in moderate trade, brokers said. They said demand for bank shares had helped steady the market after opening declines sparked by the persistent weakness of Fiat. Fiat dropped over one per cent to
        196 words
      • Article
        TORONTO
        292 22 TORONTO STOCKS closed firmer in light trade with little volatility and economic news during the session, dealers said. "There's always a pre-lndepen- dence Day rally and that's why we're up today," said Rolie Bradley, a trader with Levesque Beaubien Geoffrion Inc. The composite index gained 15.97 to 3,559.90 on
        292 words
      • Article
        JOHANNESBURG
        389 22 GOLD SHARES resumed Tuesday's late afternoon rally in early trading yesterday as the bullion price held on to its gains after breaching US$36O, but trading was subdued. Dealers said they expect activity to remain quiet and cautious over the rest of the day due to the the absence of
        389 words
      • Article
        PARIS
        266 22 FOREIGN INVESTORS fell in love with France's stock market in the spring but their passion has since waned, leaving analysts with mixed feelings about prospects for the Paris bourse for the rest of the year. "For the time being I don't think the French market is very much in
        266 words
      • Article
        ZURICH
        350 22 SWISS SHARES were higher in lively midsession trading yesterday. Dealers said rising demand was initiated by laqge buying orders for selected blue chips placed by a bank, which usually acts on behalf of foreign customers. The all-share SPI index was at the day's high of 1,215.8 points, 10.7 points
        350 words
      • Article
        Untitled
        348 22 Other markets in Europe, South Africa and Canada Amsterdam J«»y 3 Fls ABN 37.70 +0.4 Ae»on 132.10 +2 Ahold 147.20 -0.4 Akzo 123.40 +0.1 Alrcnta 156.30 +0.3 AMEV 58.50 -0.4 AMRO 75.20 +0.7 Ass. Stad 46.50 -0.5 BOLS 185.50 -0.5 Borsumy 93.00 -0.5 Buehrman Tetterode.... 73.20 +0.6 CSM 86.10 -0.5
        348 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Talk of lower interest rates sends US dollar below support levels
      1217 23 FOREX MARKET REPORTS THE US DOLLAR fell below major support levels against other major currencies in active trading yesterday on expectations of lower US interest rates. Those expectations were fuelled by comments by US President George Bush on Tuesday
      1,217 words
    • Article
      Lock icon German bunds given the miss
      293 23 Reuter INTERNATIONAL fund mana; gers, doubtful about the effect of monetary union on Germ,an bonds, have been forcec I to look elsewhere for returr is. And they like what they see in other European Monetary System (EMS) mark( Ms. "T he negatives on the Germ
      Reuter  -  293 words
    • Article
      FINANCIAL FUTURES
      1620 23 SIM EX EUROC OUJUt Open High Low Sett Est Vol Op/lnt Vol Sep 9( > 91.86 91.86 91.84 91.84 3908 ***** 8017 Dec 9 D 91.86 91.87 91.84 91.84 4230 6907 2877 Mar 9 I 91.82 91.83 91.81 91.81 919 2606 1560 Jun 9 91.66 91.69 91.66 91.66
      1,620 words
    • Article
      INTERBANK FOREX RATES
      391 23 Cross rates jum USS S$ M$ Dm Yen SFr A$ NZ$ USS 1.8325 2.7045 1.6465 150.35 0.5620 1.3910 1.2484 1.6935 SS 0.5457 1.4759 0.8985 0.8205 0.3067 0.7591 0.6813 0.9241 MS 0.3698 67.76 0.6088 0.5559 0.2078 0.5143 0.4616 0.6262 Dm 0.6073 1.1130 1.6426 91.31 0.3413 0.8448 0.7582 1.0285
      391 words
    • Article
      MONEY MARKET
      574 23 Interbank rates S$ Bid Offer Overnight 7 3/8 7 1/2 1-month 7 9/16 7 11/16 2-month 7 9/16 7 11/16 3-month 7 9/16 7 11/16 Overnight mode: 7-1/2 USS Bid Offer 7 days 8 1/4 8 3/8 1 month 8 3/16 8 5/16 2 months 8 3/16 8
      574 words
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  • COMMODITIES
    • Article
      Lock icon Cocoa likely to sustain price; rise
      268 24 Bernama COCOA is expected to sustain a moderate price increase this year on the likelihood that the world surplus for the commodity in 1989/1990 has been substantially reduced from the previous year's level, the Federal Agriculture Marketing Authority (Fama) said on Tuesday. A statement
      Bernama  -  268 words
    • Article
      Lock icon Hamburg seeks to be home for world coffee body
      507 24 AP HAMBURG is trying to lure the International Coffee Organisation away from London, according to a senior official of the West German economics ministry. "If the offer is attractive compared with London it's obvious that we the West German government are
      AP  -  507 words
    • Article
      S'pore rubber prices finish slightly weaker
      848 24 REPORTS SINGAPORE rubber prices closed marginally lower yesterday with August 1 RSS buyer quoted at 157.75 cents a kg, down half a cent from Monday. Tuesday was a local holiday. Dealers said the afternoon market remained quiet with prices hovering narrowly around morning levels.
      848 words
  • Article
    PRICES
    1363 24 Rubber July 4 BOS m W»> Scents/kg Noon Oose Int I RSS Prompt I56.7VI57.75N I56.7VI57.75N Int I RSS Aug 90 157.75/158.25 I57.7VI58.25N Int I RSS Sep 159.2VI59.75 I59.2VI59.75N Int 2 RSS OP 154.00/1S6.00N I54.00/I5600N Int 3 RSS OP 149.50/151.50N 149.50/151.SON Int 4 RSS OP I45.50/I47.50N I45.50/I47.50N Int 5 RSS
    1,363 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1769 24 NOTICES UNITED INDUSTRIAL CORPORATION LTD (In cor ported in tha Republic of Singapore) L 08T SNARE CERTIFICATES hn bMn made to the directors of the abovenamed comoanv to MM dupicele share certificate* In plaoe of »Ctie toMowtng am certificates have b*w reported loet or deafxoyad: CS«SS>MS NMW MauiTMMriM *****0G Oh
      1,769 words
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      Page 24 Advertisements Column 2
      15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1052 25 City FUftt ETA FHfM ETD AfcaMaM GA887 1225 KL840 2115 GA975 1300 GA894 2350 KL839 1415 IrtitntfT Qf81 1950 QF82 2200 SQ228 2015 AmtertUm SQ23 0720 GA975 1300 SQ24 2200 KL839 1415 GA894 2350 AtkMS 0A472 0050 I BAM 1455 SQ325 2045 falnte QF5 2230 B
      1,052 words
    • Article, Illustration
      Gambling on a higher family stake
      656 25 LETTER FROM LAS VEGAS LAS VEGAS, the original US gambling capital, is expected to become more of a family resort as exotic new mega-hotels draw more tourists to the city. The latest entrant in the transformation of the famous Las Vegas Strip is the
      656 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4600 1.4800 Canadian dollar 1.5600 1.5800 NZ dollar 1.0700 1.0900 Sterling pound 3.2500 3.2800 US dollar 1.8200 1.8380 Local dollars to 100 units of foreign cariMcy Austrian schilling 15.50 16.50
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      289 25 Duration Title Venue Organiser Tel July 12Property Financing Hilton A1C 03-*****43 13 Kuala Conference Lumpur July 12 Effective Marketing Hilton AIC 03-*****43 Strategies In The Hotel Conference 90s For Banks Jakarta Non-Bank Financial Institutions July 24 How To Profit From Hyatt AIC 03-*****43 A 25 The Cost
      289 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      33 25 chTcago A r 11 < )i. Fi:i: >ii I he pcr-nn ihokc even Iuihi.iv. I hurnl.u. Viturii iv jnJ^undjv. \irpnrt il hours in it arriving it O Man lntcrn.ition.il \irport the following il.iv. AirCanada
      33 words
    • Advertisement
      Page 25 Advertisements Column 2
      286 25 This announcement appears as a matter of record only I SAVU PROPERTIES PTE LTD I *****,000,000 MULTICURRENCY I GUARANTEED NOTE ISSUANCE FACILITY I Arranger and Manager IBJ MERCHANT BANK (SINGAPORE) LIMITED I Co-Managers and Standby Lenders I DBS BANK I UNITED OVERSEAS BANK LIMITED I OVERSEA-CHINESE BANKING CORPORATION LIMITED I
      286 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      238 25 7 Made a speech a chal- —HM lenge indeed! (9) r 8 Children meditate so (5) Lhv U MH M| 10 Record test-case wrongly 11 About all, note, wanted 12 Some consider seasoning essential for tongue (4) I I I I I I I —pi 15 Sap exercises back in
      238 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      210 25 Singapore Outlook: Shower* over several areas in the afternoon. Report: Max temp. 32.4* C Assoc humidity 66% Min temp 25.3* C Assoc humidity 96% Hrs of sunshine 6.05 Rainfall in mm Nil Rainfall this mth 3.9 Rainy days this mth 1 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 13/06 Showers Bangkok
      210 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      15 25 (UHPsT KIND Of MOODA (F^ISKV7^ yIOC \N ToDP^^ y C EVENMO STANOAKO CO. LTD.. IM3-IM*
      15 words
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  • Article
    Lock icon Jakarta's Chinese businessmen laud restoration of ties
    283 26 AFP INDONESIAN businessmen of Chinese origin yesterday welcomed the decision to restore diplomatic ties between Beijing and Jakarta, saying it could widen their foothold in China's vast market. However, other members of the Chinese community reacted more cautiously to the move announced on
    AFP  -  283 words
  • Article
    S'pore welcomes move
    95 26 SINGAPORE yesterday welcomed Jakarta and Beijing's announcement that the two countries will normalise relations on Sunday, and said the Republic expects to follow suit in establishing full diplomatic ties with China. A brief Foreign Affairs Ministry statement reiterated Singapore's position that it would normalise ties with China
    95 words
  • Article, Illustration
    Lock icon Football cure for congestion
    55 26 Rome has stumbled upon a football cure for its traffic congestion problem. Its usually harried traffic policemen have been facing deserted streets during the World Cup tournament as residents stay home to watch soccer matches on television. The streets were deserted again yesterday when Italy played
    AFP picture  -  55 words
  • Article
    Lock icon Japanese consumers set to gain from reform plans
    295 26 Reuter JAPAN's long-suffering consumers could benefit if the government implements new proposals for fairer distribution of the country's immense wealth. A council of the Ministry of International Trade and Industry has recommended that the focus of industrial policy be shifted from companies
    Reuter  -  295 words
  • Article
    Lock icon US-Thai merchandise trade up 36pc
    148 26 AP MERCHANDISE trade between Thailand and the US rose by 36 per cent during the first four months of this year, compared with the same period last year. Quoting US Commerce Department figures, the American embassy in Bangkok yesterday said that twoway merchandise trade totalled
    AP  -  148 words
  • Article
    Lock icon Several Soviet Politburo members likely to lose posts
    216 26 Reuter SOME MEMBERS of the Soviet Politburo have suggested that big changes are in the offing for the communist party leadership even if President Mikhail Gorbachev remains as party chief as expected. Foreign Minister Eduard Shevardnadze signalled on Tuesday that he did
    Reuter  -  216 words
  • Article, Illustration
    Choose the right developer on Batam
    807 26  -  The Bottom Line DAVID GABRIEL DAVID GABRIEL The writer is a senior correspondent on BT's Politics and Economics Desk RECENT TALK about the legal problems facing residential property investments on Batam Island may give interested Singaporeans the wrong impression of the general conditions of
    807 words
  • Article
    Lock icon Bangkok inquiry on alleged US pressure in refinery deal
    276 26 AFP THAILAND'S Lower House Committee on Foreign Affairs has launched an inquiry into allegations of US government pressure being used to secure an oil refinery contract for Caltex. The inquiry, which opened this week, was set up after MPs complained about
    AFP  -  276 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      87 26 Baume Mercier GENEVE 1830 VI X «jr vt w v -v^i-» 6ERRUTIIBBIITUM39 LADIES* BOUTIQUE 3UQITUOO 83ICIAJ #02-61 Wisma Atna, Orchard Road Tel: 733 1886 MEN'S BOUTIQUES 83UQITUOa B'W3M #01-1S The Paragon, Orchard Road Tel: 235 %55 #02-54/60 Wisma Atria, Orchard Road Tel: 734 9360 #01-45 Forum Gallena, Orthard Road Tel:
      87 words
    • Advertisement
      Page 26 Advertisements Column 2
      3 26 Editorial, Pg 10
      3 words
    • Advertisement
      Page 26 Advertisements Column 3
      93 26 Baume Mercier GENEVE 1830 PRIME 7-STOREY SHOWROOM/WAREHOUSE BUILDING Near Lavender MRT Station Freehold Tenure Good packing facilities Floor area 56,000 sq. ft. approx. 5 minutes drive to CBD Highly suitable for Operational HQ and owner occupation. For details, call Sole Agent A LEADING ENGINEERING COMPANY IN INDIA MANUFACTURES OSCILLOSCOPES, RECORDERS,
      93 words
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  • Shipping Times
    • Article
      PNSL pulls out of container ventures with EAC
      387 27  -  By Rahita Elias MALAYSIAN shipping line Perbadanan Nasional Shipping Line (PNSL) has pulled Out of two container ventures operated jointly with East Asiatic Company (EAC) of Denmark. PNSL's pullout stems from its decision to "concentrate on what they consider as their core
      387 words
    • Article
      Garuda Indonesia plans closer ties with Qantas
      231 27 GARUDA INDONESIA is looking at closer ties with Australian airline Qantas, says Garuda president Moehamad Soepamo. In a visit to Australia last week, he discussed various proposals previously submitted to Qantas. These included tie-ups with Qantas in scheduling, maintenance, engineering, route structure and
      231 words
    • Article
      Airlines want meeting over airport subsidies
      245 27 ANGRY AIRLINE industry chiefs are demanding a meeting with Hongkong Financial Secretary Sir Piers Jacobs over having to help pay for the new Chek Lap Kok airport. They had earlier protested to Sir Piers and the Civil Aviation Department against the sudden increases in
      245 words
    • Article
      Lock icon Seoul restoring rail, road links with Pyongyang
      288 27 AFP SOUTH KOREA is restoring railway and road links with North Korea in preparation for expected human and material exchanges between the two old rivals. Transportation Minister Kim Chang-Shik told the National Assembly in Seoul on Tuesday that if completed the rail lines
      AFP  -  288 words
    • Article
      Lock icon GE, Snecma team up to develop new engine
      149 27 AP THE General Electric Co has formed a partnership with Snecma of France to develop a high-thrust jet engine. GE's Aircraft Engines division said in Evendale, Ohio, on Tuesday that it has signed a formal agreement that gives Snecma a 25 per
      AP  -  149 words
    • Article, Illustration
      Tokyo conveyor maker moving into region
      445 27  -  By A J Leow JAPANESE WAREHOUSE equipment manufacturer Yoshida Transport Industry may shift the fabrication of components to Singapore if orders pick up in South-east Asia to justify the move. The Japanese company recently gained a foothold in Singapore with the installation of a
      445 words
    • Article
      Lock icon Japan Air Lines to set up charter flight company
      139 27 Reuter JAPAN Air Lines will establish a Tokyo-based international charter flight company with flights to cover Far Eastern destinations, including Singapore. A company spokesman said starting April 1991, most flights will be between Honolulu and Japanese regional cities such as Fukuoka.
      Reuter  -  139 words
    • NEWS SUMMARY
      • Article
        Oil swaps as a hedging tool
        20 27 HOW oil swaps are used to hedge against bunker fuel price exposures Page 2
        20 words
      • Article
        Protest against move to deregulate AT&T
        35 27 LONG-DISTANCE telephone carriers and consumer advocates in the United States are furious about a government proposal to ease regulation of American Telephone and Telegraph services to businesses. Page 2
        35 words
      • Article
        Northwest keen on buying Eastern
        33 27 BY buying over Eastern Airlines, fellow US carrier Northwest Airlines could get relatively low-cost access to the south-eastern US market that it now only serves minimally. Back Page
        33 words
      • Article
        West Coast group wants hull ruling
        42 27 A TASK FORCE set up by four US West Coast states and the Canadian province of British Columbia have recommended that new tankers carrying oil in the region be required to have double hulls. Back Page
        42 words
      • Article
        Updating E Germany's phone system
        34 27 IT WILL take seven years to modernise East Germany's telephone system, but a distinct improvement should be noticeable from next year, according to telecommunications chief Heinz Uhlig. Back Page
        34 words
      • Article
        Rash of airplane crashes hits Alaska
        32 27 A DOZEN airplanes crashed in Alaska over a 30-hour period, killing two people, causing tens of thousands of dollars in damage and overwhelming investigators Back Page
        32 words
    • LOG BOOK
      • Article
        Cathay Pacific debuts on Los Angeles-HK route
        38 28 CATHAY PACIFIC Airways Ltd inaugurated its exclusive non-stop service between Los Angeles and Hongkong on Monday. The international carrier has opened a new gate at Los Angeles' Tom Bradley International Terminal.
        38 words
      • Article
        Du Pont unit signs agreement
        97 28 DU PONT Co's Conoco unit has signed an agreement with Oiant Industries Arizona Inc in which Giant will acquire Conoco's Four Corners crude oil truck terminal, unloading stations and related assets. Oiant Industries is a subsidiary of Giant Industries Inc. The agreement is effective from
        97 words
      • Article
        Bechtel sells Dual stake
        57 28 DUAL Drilling Co said its parent, Bechtel Investments of San Francisco, has sold its controlling interest in Dual Drilling to Norway's Mosvold Shipping A/S for US$l7O million. Dual Drilling, an offshore drilling firm, has a fleet of 32 rigs 10 deep drilling, self-contained platform rigs, seven
        57 words
      • Article
        Iranian vessel reopens link
        83 28 THE first Iranian ship to dock in Kuwait since the Gulf War arrived on Tuesday to resume regular services between the countries, Kuwait's news agency Kuna said. It quoted ports operations director Khaled al-Hashash as saying the Hormuz 24 docked at Shuwaikh port with 55 officials
        83 words
      • Article
        Truck firm may shed dry freight
        83 28 COUNTRY WIDE Truck Service Inc, a unit of Country Wide Transport Services Inc, is considering withdrawing from the dry freight market to shrink the company. In recent months the company has engaged an investment banker to seek a possible purchaser and consider other transactions
        83 words
      • Article
        Airline expects flights to USSR
        59 28 ALASKA AIR Group Inc said it expects to be offering regularly scheduled service between Alaska and the Soviet Union by June 1991. The new opportunity will be made possible under a bilateral air service agreement signed by US President George Bush and Soviet President Mikhail
        59 words
      • Article
        Trump wants a bigger bite
        69 28 RICHARD COZZI, the newly appointed president of the Trump Shuttle, said the airline will seek to carve out more than a 50 per cent share of the market for the New York-Boston-Washington hourly shuttle. Mr Cozzi, who made the statement in a news release issued
        69 words
    • Article, Illustration
      Oil swaps as a hedging tool
      845 28  -  Michael J Hampton, managing director, Commodity Indexed Swaps, of Chase Investment Bank, explains how oil swaps are used to hedge against fluctuations in bunker fuel prices Michael J Hampton VERY SIMPLY, an oil swap is an agreement to exchange financial payments. The oil consumer
      845 words
    • Article
      Lock icon Protest against move to deregulate AT&T
      314 28 Reuter LONG-DISTANCE telephone carriers and consumer advocates in the United States are furious about a government proposal to ease regulation of American Telephone and Telegraph services to businesses. A group that included the Consumer Federation of America and AT&T long-distance service competitor US Sprint,
      Reuter  -  314 words
    • Article
      COCKETT BUNKER MARKET REPORT
      803 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      803 words
    • Article
      THE SHIPPING GUIDE
      12542 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,542 words
    • Article
      SHIPPING AGENTS
      3363 41 A*™.™ Shpg Agencies Pte Ud (SyManne Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ud (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkria Business Corporation Philippine: Calsource Shpg A Trdg Pte Ud (S) Ahreakiel Liner Service: Kim Shpg A Trdg (S).
      3,363 words
    • Article
      COURIER SERVICES
      227 41 Abacus C ourien Td: 545-8011,448-6415. Air Exyrai Service Td: 533-5771. Fax; *****44. A P I -1- ..■■iliiM Airoome r retgnt i orpomnon Td: 542-8844 Fax: *****16, *****80. Cky-Liak International Td: 344-3377. Fax: *****50. ChMv link Supplies A Services Td: 296-5720. DHL lateraatioaal Td: 344-8911.Fax: *****61. DPE Courier Td:
      227 words
    • Article
      AIR FORWARDERS
      1465 41 Abex Exprtw Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Smgaporr Td: 542-7822; Fax: *****20. AeroNak K G Freight lateraatioaal .'d: 545-5992. Td:°s42-5911. Fax: *****18. Air Cargo Novo Expreaa Td: 542-5454. Fax: *****06. Air Expreaa International Td: 542-7666 Fax: *****74, *****50. Air Market Expreaa
      1,465 words
    • Article
      PORT CONDITIONS
      2460 42 ANGOLA 1 naada Nine vessels berthed of which 6 general, 2 bulk, 1 reefer, no vessels anchored; 5 vessels due by July 9; berthing delays: 3-4 days for general and container vessels; I week fix other vessels. ARGENTINA Labour Tug boat crews in Buenos Aires and Bahia Blanca
      2,460 words
    • Article
      AIR FREIGHT SCHEDULE
      489 42 ARRIVALS Of Flight Type ETA Freai KAL KE697 B747F 0155 SEL NCA KZ203 B747F 1935 NRT KAL KE685 A30F 2340 SEL/MNL FDX FM75 B747F 2355 JFK/IND/ANC/ NRT/TPE TOMORROW JAL JL6I5 B747F 0340 TYO NWA NW901 B747F 1740 ORD/SEA/ ANC/NRT SI A SQ/BA821 B747F 1750 LHR/DXB FDX FM77
      489 words
    • Article
      SHIP SALES & TANKER RATES
      669 42 SHIP SALES TANKER RATES VESSELS SOU> FOR FURTHER TRADING Bali Carriers: Stahotaa: 26,636 dwt and built 1978, sold to Turkish buyers for around U557.35 million. Markos N: 19,440 dwt and built 1969, sold to Indonesian interests for over US$2 million. Saraia: 19,427 dwt and built in 1974, was secured by
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    • Article
      CRUISE & FERRY SCHEDULES
      339 42 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait Dq> Nat of Vt—d ETA ETP Port Ayl Potts af Cais AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-FremantteJakarta-Kobe 30 31 Andaman Princess 1500 1700 Andaman Crone Crone to nowhere SEPTEMBER 01 01 Andaman Princess 1300 1900 Andaman Cruise Sin-Bangkok 07
      339 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        601 43 l«» »nW P»arHa Umil UA|Mf I* 03 K34 05 07/1100 Oatyuahan 5/90 *30 Hon** 0707/2300 juiu* 2 40CB CIO fttflpida 0407/2359 ZLt 9004 K33 alonga* 05 07/2100 ZX+m 32/90 K32 06 07/0600 L tt Soman 21M Ml *<** »07/ 500 Li hm 5 K31 06.07/1500 Mar Dow
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      • Article
        CONTAINER SCHEDULE
        1103 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Rtcord Booton/Manco Mb Sty Voy No Ported From To From P o# DbcW Spaco Ad Gonchyov 18SI90 2 04/1700 05/0659 05/0900 Al Mmadnh 64 1 04/1500 04/1659 04/1900 3 05/0700 05/1159 05/1400 M Shamiah 72 1 04/1500 04/1659 04/1900 3
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      • Article
        IN MALAYSIAN PORTS
        318 43 Nrt King South M on My 4: Hensdoot birth 1; Aditya Veishav berth 2; Soon Hoe berth 3; Pacific Samidra berth 4; Hung Lea I berth 7; Mercury iada barth 7* Patro Vintage barth Bunga Oahba barth 8; Evar Grace barth 9; Selandu barth 10. North Part
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    • Article
      DAILY FREIGHTS
      971 43 CHARTERING on the dry cargo freight market on Tuesday remains quiet with rates continuing to show signs of easing reflected by a further seven point dip in the Baltic Freight Index (BFI) to 1,075. The BFt has now shed some 230 points in 20 consecutive daily falls from
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    • Article
      Lock icon Northwest said to be keen on buying Eastern
      402 44 Reuter NORTHWEST AIRLINES could get relatively low-cost access to the south-eastern US market that it now only serves minimally in a purchase of Eastern Airlines, analysts said. Northwest, which is said to be planning buyout talks with Eastern's machinists union later this
      Reuter  -  402 words
    • Article
      Lock icon Rash of airplane crashes hits Alaska
      319 44 AP A DOZEN AIRPLANES crashed in Alaska over a 30hour period, killing two people, causing tens of thousands of dollars in damage and overwhelming investigators. "We've had so many crashes in the past two days, it's awesome," said Jim Michelangelo, a spokesman for the
      AP  -  319 words
    • Article
      West Coast group wants double-hull ruling
      274 44 A TASK FORCE set up by four US West Coast states and the Canadian province of British Columbia has recommended that new tankers carrying oil in the region be required to have double hulls. The recommendations also called for the phasing out of single-hull
      274 words
    • Article, Illustration
      APPOINTMENTS APPOINTMENTS APPOINTMENTS APPOINTMENTS
      244 44 MICHAEL PALANDJIAN has been appointed managing director of French shipping line Compagnie Maritime D' Affretement. He now heads the worldwide management of CMA from Marseilles. Mr Palandjian was, for many years, president director general of another French firm, Compagnie des Chargeurs Reunis. INDIA Steamship Company (ISS),
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    • Article
      Lock icon E German phone system needs seven years to modernise
      218 44 AFP IT WILL TAKE seven years to modernise East Germany's telephone system, but a distinct improvement should be noticeable from next year, said telecommunications chief Heinz Uhlig in Berlin on Tuesday. Mr Uhlig told a joint press conference with repre- sentatives
      AFP  -  218 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1149 27 BSWEE HENG METAL CO PTE LTD No. l3,Tu»At»m»l4. a SPORE 2263 FAX; 861-2946 TEL: 861-5665 (5 LNES) TLX: RS ***** SHMCPL S Sota Kgmn Vf fll 1111iiirri Commercial Cleaning Equipment Matador Floor Also buy.seM rental repair KAWASAKI RISEN KAISHA. LTD. j I EXPORT N. AMKAJCA PACIFIC SOCTH-WOT f/"SwOBf N. AMMOCA
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      Page 27 Advertisements Column 2
      58 27 Air Forwarders 15 A* Freight Scheduta 16 Coctett bunker report 2 Container Schedule 17 Courier Services 15 Ovae 4 Ferry schedules 16 Oetfy Fretfits 17 *fit moo to ww uwi <s r> r ,ini4.t.n„i 1C ron Lonomom 10 S"w Aients 15 SNvm Gwde 10.11 Shpaaies/Tankar Rates 16 SJ»ps Port 17
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      85 28 K could be a controversial deal between two stock market stars, a thought-provoking report by university I researchers on the latest trans-European YTrrL FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
      85 words
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      1623 29 mm -■■■i jardine shipping agencies 200 Cantonment Row) #12 OS South point, Sinpport 0208 Alllf# id 221 ml telex no rs ***** ■llllf TERMINAUCFS T«t *****11 220 rßwfll BOOKINGS Td *****34 235 m' L V99# A PESAKA JARDINE SNIPPING AGCNCIES SON BND PORT KELANG TEL: *****1 TELEX NO MA*****/MA***** PENANG
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      Page 29 Advertisements Column 2
      940 29 INDEX TOfIDVERTISERS Page Col Page Col lA3 I M ABC Conuineriine 13 5 M»c-Nels Agencies 14 1/2 Accord Shpg 8 1-3 Macoline 18 2/3 Albatros Sea-Air 14 5 Maersk Line 3 4/5 APC Line 14 3 oMISC 14 1-3 APL 5 3-5 M'sia Shpg Corp 9 1/2 Arrow Lines 9
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      Page 29 Advertisements Column 3
      2094 29 Vmml Voy ETA I ETD 'Port 'Pananfl DESTINATIONS Singapore Ksiang Thia W— Mathilda M not Closing Tint* FhDv by [S9^H cy w o«oo hbs m Farce WKM Hi Cf3 -»7 'too »BS M Tauro OAK LQB MOO MEM ATL MIA CHS SAL PHL NYC MON TOM MATHK.OE M 9006 10/7
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      Page 30 Advertisements Column 1
      1047 30 ROTTEROAM/ VOY NO 9 PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HONGKONG EXPRESS 94/877 8/7 30/7 24/7 2«/7 23/7 2W7 LIVERPOOL BAY 98/981 8/7 28/7 27/7 30/7 KASUQA 10/880 12/7 8/8 31/7 2/8 30/7 8/8 TOLA OA BAY 10/884 18/7 1/8 3/8 8/8 CARDIGAN BAY 98/883 19/7 13/8
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      Page 30 Advertisements Column 2
      432 30 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT CAPE MALEAS 6/7 20/7 27/7 Also accepting carp to Lautoka via Suva DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 6/7 12/8 13/8 17/8 Alto accepting Cargo to Callao (Psru) via Valpa Aoanta' SINGAPORE: *****36 Mr\3U\XJ BOOKINGS: *****00 I VS. JAVA: 08-*****36
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      Page 30 Advertisements Column 3
      1035 30 H WMM XJM* regular independent full container service WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FCL HAM BRE ROT ANT LNR (VIA (VIA (VIA ALG) NAM) Mm NORASIA SAMANTHA 9011-3 01/07 10/07 27/07 01/0B 03/0S 04/08 06/01 0)M NORASIA SUSAN 9019-3 13 07 17/07 03/0B 05/08 08 08 12*08
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      Page 31 Advertisements Column 1
      1681 31 SjgSteamers Maritime Holdings Ltd fWm Containers N* P KI*«C Spor. tan HV| La* ACCEPTS DOE SAILS honckowexp tysn +m-nj? mm nm am nm am am carco SS 2S2S SS STRAITS STAR VOX KR, Skan, LO, Taui P«1 .Jul TOIACA MY U)94 *lAH-Hf7 US OUOI 101 QMS BKRCURY JAM WE Kuch,
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      Page 31 Advertisements Column 2
      1669 31 SP LM ROM HAN B'NVN FIX SPORE HK UO KM Ml CHOYANC CHANCE MM 7/7 2S/7 »/7 *7/7 M 30/7 CHOYANC PAW 00K *7 tt/7 13/7 11/7 M/ 7 HANJIN LEHARVE 00M 14/7 1/1 2/1 3/1 S/l l/l HANJIN OAKLAND 00ft IC/7 11/7 2*7 23/7 2*7 HANJIN FELIXSTOWE 003W 21/7
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      Page 31 Advertisements Column 3
      22 31 S PORE LOADMQ FOR MORA VTm PHNOMPCNH/KOMPONQSOM nma trrm hochmmh/vunotau SELM SHIPPING ft TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: *****48
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      Page 31 Advertisements Column 4
      316 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC YOUNG CHAMPION PIONEER SOLDIER TRADER VOY NO i 7 10 •S port In Port 13/7 17/7 P. Kelang 6/7 Penang Hong Kong Yokohama 27/7 Nagoya 24/7 Osaka Sonboku Kashima Hochiminh •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS.
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      Page 32 Advertisements Column 1
      444 32 .^vv, of' 4 < t >* V > ijSjstc x :r'*S r.vVX*.- 1 g L E m 1 CR NBR 11S27I*****-D EXPRESS SEMI-CONTAINERSNIP SERVICE VSL/VOY S'PORE R 0AM/ H'BURG BREMEN ANTWERP ADAM SRIWUATA/29WB 20-24/7 MM 21/1 IM 30/1 1 PANJANwilWB M-U/7 27(1 1/9 4/9 Irt KUTAI/2BWB 25/B W V9 9/9
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      Page 32 Advertisements Column 2
      773 32 OHANJIN SHIPPING FULL CONTAINER SERVICE CHOYANC CHANCER 5T VT ST*'£" «BE fSI gß6g. jS S| HANJIN LE HARVE ONW 14/7 1/1 2/1 3/1 5/1 6,1 HANJIN OAKLAND OOK W H. KUNSAN OME HANJIN FELIXSTOWE OB3W 21/7 1/1 9/1 10/t 12,1 IJ/1 CHOYANC SUCCESS ME «P H. POHANC IKE MP MP
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      Page 32 Advertisements Column 3
      1353 32 ifj I I I I I M Mfc IPKL SCR HKC KSC KLC PUS MKT OtK fIKTYO ML LNV AM IH FU NBB MP ever grace tp yt up up up hp n* u* tut i/» W W U EVER GLLAJfT 7/7 Iff llg i S lj s 7J .ff
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      Page 33 Advertisements Column 1
      1404 33 r > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) Sj BOOKINGS: SS UK/EUROPE SERVICE *****19 USA SERVICE-*****16 m AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE-*****48 TERMINAL: *****22 DOCUMENTATION: *****44/*****14 CFS: M 2 IMPORT: *****69/*****50 CFS:M2- EXP0RT:*****53/*****04 wmmpm nepline son bhd Malaysia K.L-*****33, P. Ketanfl-*****87, Penang-*****0. J. Bahru-*****3.*****4 r PTINTI
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      Page 33 Advertisements Column 2
      489 33 sp ecar 9° Forwarding (S) Pie Lid S! TEL: *****55 lI'IMWIIH FAR EAST SOUTH ASIA EUROPE KAOHSIUNG 8/7 COLOMBO 13/7 ANTWERP 14/7 KEELUNG 8/7 BOMBAY 117 14/7. HONG KONG 8/7 KARACHI 14 7 HAMBURG 14/7 MANILA 8,7 MADRAS 14 7 LE HARVE/LONDON 14/7 BUSAN 8/7 CHITTAGONG 117 FELIXSTOWE 14/7 BANGKOK
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      Page 33 Advertisements Column 3
      1021 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND vmm voyaM Iswx |mmu wont votaci spori mmw xeutc riavtii tuwy T~wtt war Koaovwir ikw s*
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      Page 33 Advertisements Column 4
      118 33 J ■■pa ummm hmesm csi ml m. C» IS -UCAI.I.UM tTMKT —P— «14-M KATWUT CMTM tiM T«*«C mai4t T«fc 222 4SSI Fax: 221 4NI SIN-JKT-SIN VOY ETA SIN ETA JKT H G SUMATERA 913 06/7 09/7 PELOPOR 949 07/7 10/7 H G SUMATERA 914 12/7 15/7 PELOPOR 950 14/7 17/7
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      Page 34 Advertisements Column 1
      587 34 ||7^=^ KAWASAKI KISEN KAISHA. LTD ill I 1 1 i W L ...LOOK OUT I FOR OUR LATEST SAILING SCHEDULE ON THE FRONT PAGE! Y I §V.l 11 I Jf 14A BOOKING CONTACT H WW" "1. IPORT KELANcI/"""!. I PENANG BANGXOK_J JACQUELINE [TWWKLIJ BOOKING. CONTACT H 1■ 9 |HOWG KONG
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      Page 34 Advertisements Column 2
      1105 34 PHILI-ORIENT LINES PTE LTD St I I (The Complete NVOCC Package) 9 JULY MONTREAL, OTTAWA, TORONTO, VANCOUVER, S"WESTERN ONTARIO. I JULY MlSfliT DA RAHRAIN K 'ABUDHABI WINNIPEG, 1? mi x/ BAHRAIN, ABU DHABI, REGINA, SASKATOON, 13 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, w KAMLOOPS, VERNON, PENTICTON Z. 6 JULY COLOMBO, KARACHI,
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      Page 35 Advertisements Column 1
      1565 35 _Plf PACIFIC INTERNATIONAL LINES (PTE) LTD J BUtR PIL Building. toil Street >030). Singapore 0106. 1 JAKARTA I i BANGKOK vessel vov sin jkt sm vessel voy SIN bkk sin eden mm %n *n 13/7 pcqasus progress u«n m 10/7 14/7 DELTA MAS 182S 7/7 8H 14/7 MAI Ml* UN
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      Page 35 Advertisements Column 2
      1025 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 11% Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT M VESSEL |VOY ['SPORE PKLANG S'HAMPTON 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 Via
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      Page 35 Advertisements Column 3
      261 35 M MYANMA W FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pofe P.Kelang P#n PAGAN VISI S/7 JUL HPA AR VIS2W lifll JUL MERCUI VIOOW 21/27 JUL MYOMAYWA Via* 21/31 JUL THE BANK LINE (A service of Andrew Weir Shipping) \W SEMI-CONTAINER SERVICE W HEAVY LIFT CAPARHI TV
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      Page 38 Advertisements Column 1
      657 38 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND S4N I FLX I BRV ROM ANT HBG RST I. THAELMANN 4/80 1/7 W 30/7 1/7 2/7 ATLANTIC SEN WfBS f (|l W N PIECK MO I*7 iW !</* 1*» PARIS SEN wroa 14/7 lt/8 17/1
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      Page 38 Advertisements Column 2
      1448 38 UBIC COWVPrWOHAI. BPTKI Veaael P. KLC PNC PC. leading tor A VESSEL 20* Roturtjuii Antwp qPWA fWX COWTAIWKm MHI VICE Vassal PKL PNG STORE OKK HKG SHA QIN LVC SHANC CHENG 1M 21/5 B/S 27/4 4/t l/t TANG FANG KOU 1» 31/S 2S/5 4/1 12/0 1W 20» Acctpling FCL Carta
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      Page 38 Advertisements Column 3
      248 38 SPORE PKL PNC NRG INC BSN SINGAPORE GLORY Vtt* Jul 17 M »W MALAYSIA GLORY VO» 11 Jul 1 Jul II Jul Jul 22 M HA I TING VW7 —IS Jul 14 Jul 21 Jul 9 Jul OCEAN CROWN VOOI 21 Jul 2JWMM RACNA VOO7 23 Jul 24 Jul 25
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      Page 38 Advertisements Column 4
      616 38 POSEIDON CONTAINER ¥CA\ TRANSPORT GMBH HAMBURG SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA A TRANSSIBERIA SERVICES ACCEPT TO ft FROM INLAND DESTINATIONS 4 CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SIN 9/7 20/7 25/7 31/7 (via ilyichevsk) IRAN Djulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) EASTERN/CENTRAL FAR EAST EUROPEAN PORTS SINGAPORE
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      Page 38 Advertisements Column 5
      561 38 NfjowNixTAgenc^oLt(j^BKK(Te^B72sj^^^^ iwo |w> I iiwtiOK I. JWWBUxj SIWI HUM# <S4W Sat 7/7 T— MP PIVA BHUM 733* Sun «/7 Mod 11/7 ■AHA BHUM# UW W»d U/7 Sat 14/7 MCKHAHIK KUWAKO 17N INd 11/7 Sat 14/7 Sim BHUM# IBK fri 13/7 Man UP PITA WWII <- 233W Sun IS/7 Mod UP
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      Page 39 Advertisements Column 1
      365 39 CALCUTTA DIRECT SIN CAL SUSAK 97 CNB 6/7 13/7 TIGER RIVER 98 CNB 14/7 21/7 SUSAK 99 CNB 22/7 29/7 TIGER RIVER 100 CNB 30/7 6/8 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALLOL 15/7 CTG MONGLA BANGUR PROGOTI 19/7 S. KOREA, JAPAN ETA S'PORE LOADING FOR ALAM TEGUH
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      Page 39 Advertisements Column 2
      531 39 5S RICHFIELD MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 Llnca) m FAX: *****15/*****03 IfTfl TELEX: RS ***** RISHIP (3 Lln«s) \l&\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL [VOY ETA LOADING FOB SPORE ABBAV WON 2 2SWB IVO* DAWESSALAAM MOMBASA DJIBOUTI ASSAB
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      Page 39 Advertisements Column 3
      784 39 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDCR SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN
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      Page 39 Advertisements Column 4
      1484 39 Sr CHINA OCEAN SHIPPING COMPANY 2. MISTRI ROAD. HMC BUILDING TEL *****00 FULL CONTAINER LINER SERVICE TELEX: RS tax COSHIP CR NO 11/o/wlWlii j General Agents: OOSTAR SOPPING PIS LID CABLE costarline TO lIMON VtSKUVOT SCf FIX WOT HAH AWT OK* VESStLVOr FLX HOT HAH AWT MB 1 I TIW
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      Page 40 Advertisements Column 1
      1239 40 ,MAC-NELS SINGAPORE fnrMT til amn I mrm m. mhmT| TEL: (04) *****6 'TEL: (088) *****0 TAWAU TEL (089) *****9 KELANG TEL: (03) *****77 INCHING 'TEL: (082) *****3 SKAN TEL: (089) *****2 ~l\-/\ J BAHRU TEL: (07) *****2 ISIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 *—> DJAKARTA TEL: (21) *****7
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      Page 40 Advertisements Column 2
      522 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIY AUCK LVT MANOAMA 0571 14 Jut Ju4 Via NPI 2» Jul PREMIER
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      Page 40 Advertisements Column 3
      771 40 jmS THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una |m leti liot roa w rri «t KIM SOON LI 27/906 7 JUL
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      Page 40 Advertisements Column 4
      305 40 tlMillllHii IRANIAN SERVICE 1 Sinfiport Loading for- I IRAN EKRAM KID JULY Bandar Abtat I fssStan^Uß I mitiMni um ot Mmm w UX WEST CMST/MEnCO/CamiM. AMERICA COOT Aim taVKf MKC LI EKSENADA ICAMCNAS S C»U2 ■AUANIUO ■OftCLOS Villi a* 817 MP W> T2 .Jff COtIMA V2SCI OJI 14 «4 M
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      439 43 TIDES AND WEATHER TODAY'S Tines (height in metres) HOIK 0000 0100 0200 0300 0400 0500 0600 0790 MOO 0900 *************************6001 70C 1800 1 900 2000 210 C 2200 2300 JR 18 14 11 08 07 0 7 09 1.1 1.4 1.7 1.9 1.9 1.8 16 1.4 1.2 1.2 13 16
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      Page 44 Advertisements Column 1
      330 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANQ TBN 02/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 30/8 INDONESIA COLOMBO
      330 words
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      Page 44 Advertisements Column 2
      480 44 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA CHI FROM PSW LBH OAK SEA HKG SIN HYUNDAI PIONEER 33E 07/07 12/07 30f17 02/W QM* (M« HYUNDAI EXPLORER 31W 0t« 07/06 IM6 2M6 0507 LALANDIA 33E 14/07 19/07 06K» 09/01 12/01 11/06
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      Page 44 Advertisements Column 3
      134 44 mmm bintang mas shipping pte. Ltd. ■WW Tit uonwmn TU: its «2» sinher Fa. m w o*pot T«l. 47J5471 S port Ml STRAITS SHIPPING PTC LTD. Xtl So/W Tl«: RS 2*301 Fai *****17 PC AfMti KRIS PAHLAMAN SON BHD Ttl OMI IMO TLX UMOtrt Fai: *****M7 REGULAR SERVICES TO BRUNEI
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      Page 44 Advertisements Column 4
      570 44 CHARTPOINT Every Saturday in Business Times jV/I 1 |FM«ar«rwi |v«r I PNGIfKL IHMtar VMMI |V* I SIN lUU lOAR |MOU IDM. ICMI/ IM0« IMBI |RTC I tunc* jgBBBT Tm mjT allmatqh ptux 7155" ~y nn~ mn" ~EjT uJT ajT ~uT ~i/i~ ~jT OUR USA H/NCA KOKJWIMC V.OI 7/7 Alll&ATOA qtWY
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