The Business Times, 10 July 1990

Microfilm: NL17036
Total Pages: 68
1 68 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Tuesday July 10 1990 75*
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  • NEWS SUMMARY
    • Article
      Australian budget surplus less than estimated
      60 1 AUSTRALIA'S budget surplus is likely to total A 58.05 billion in the financial year ended June 30 this year, Treasurer Paul Keating said in Canberra yesterday. TTiat compares with an estimate of A 59.12 billion for the year in last August's budget and a
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    • Article
      'Harsh' suggestion
      27 1 EMPLOYERS have said that a suggestion to deprive them of foreign labour if they do not raise the retirement age is "too harsh" Page 2
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    • Article
      Popular services
      32 1 FINANCIAL and management accounting were the most popular management services offered by consultants last year, a survey done by the Canadian High Commission for Canadian businessmen has found Page 2
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    • Article
      Where KL's hope lies
      31 1 MALAYSIA'S best hope for medium-term growth lies in the manufacturing sector, according to Dr Nordin Sopiee, director-general of the Institute of Strategic and International Studies Page 7
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    • Article
      Investment backlash
      25 1 ABOUT 300 PEOPLE marched through Brisbane's resort area last Sunday to protest against politicians allowing foreigners to buy up Australian property Page 8
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    • Article
      What's in a name
      32 1 IF YOU'VE EVER harboured any ambitions to be a zyglo inspector, there's now a book to tell you what it is a dictionary of occupational titles Page 15
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    • Article
      Container depot tie-up
      32 1 STEAMERS Maritime Holdings' subsidiary, Warehousing and Transportation, has joined hands with shipping line Malaysian International Shipping Corporation to operate an inland container depot in Singapore. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      32 1 US blue chips extended a slim morning advance, helped by scattered buying. The Dow was up about eight to 2913 in early trading. Gainers led decliners by five to four.
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    • Article
      Footsie lower
      31 1 LONDON share prices were down slightly at midday yesterday. At 1108 GMT, the FTSE 100-Share Index was down 2.3 points at 2,337.7. Volume at midday was 217.7 million shares.
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    • Article
      Wearnes purchase
      31 1 WEARNE BROTHERS Ltd has agreed to buy 888,000 shares in Siemens AG subsidiary Tandberg Data A/S for 65.75 Norwegian crowns each or a total 58.38 million crowns Page 3
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    • Article
      UEM exercises option
      32 1 UNITED Engineers (Malaysia) has exercised its option to purchase two million shares representing 50 per cent of the paidup capital of Ho Hup, a civil engineering company. Page 3
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    • Article
      No rate change likely
      40 1 JAPANESE interest rates are likely to remain at their current level in the near future as there are still worries in Japan about the threat of inflation, says the visiting president of Higo Bank Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Monday Change BT-MGA 793.66 -1.54 Kuala Lumpur ...592.18 -1.68 Hongkong 3,385.15 +27.54 Tokyo 32,538.28 +93.16 Sydney 1,587.1 32.7 Friday Change New York 2,904.95 +25.74 London 2,340.0 -t- 8.6
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SSI.8210 Yen SS1.2I04 MS SS0.6732 Money market rates Overnight 7 1/2 +1/4 3-month 7 3/4 unch
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    • Article
      COMMODITIES
      35 1 London Gold PM fix US$360.25 -US$0.90 Rubber S'pore Aug 155.75*/kg -1.25 M'sia Aug M232.00 '/kg -0.50 KL Tin Turnover l54tonncs +56 Spot M$l5.78/kg -18 Crude palm oil Turnover 374 lots -446 Jul M$668/tonne -6
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  • Article, Illustration
    HDB putting up six sites for tender
    472 1  -  By Elaine Koh SIX residential and commercial sites will be offered for sale by the Housing and Development Board later this week, with another nine sites planned to come onto the market between November and January 1991. This would put a total of
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  • Article
    Lock icon No change in Indon trade: Taipei
    119 1 Reuter TRADE between Taiwan and Indonesia will not be affected once Jakarta restores diplomatic ties with Beijing, Taiwan's Foreign Minister Fredrick Chien said yesterday. "Our bilateral trade ties with Indonesia will remain unchanged in spite of the normalisation of relations between Jakarta and Beijing,"
    Reuter  -  119 words
  • Article
    URA preparing to launch four commercial sites in CBD
    306 1  -  By Lilian Ang THE URBAN Redevelopment Authority (URA) is preparing to launch four commercial sites in the vicinity of the Central Business District within the next two months. The sites have not been named but it is believed that three of
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  • Article
    Lock icon Japan plans to resume loans to China after G-7 summit
    342 1 Reuter AFP JAPAN will unfreeze loans to China some time after this week's summit of major industrialised democracies in Houston, Japan's Chief Cabinet Secretary Misoji Sakamoto disclosed in Tokyo yesterday. Diplomats said that Japan's decision to resume yen loans marked
    Reuter; AFP  -  342 words
  • Article
    SES member firms reminded to cross cheques to clients
    256 1  -  By Magdalene Ng THE STOCK EXCHANGE of Singapore (SES) has reminded its 26 member firms to cross their cheques issued to clients. In a briefly-worded statement titled "payment to clients," the authority drew the member firms' attention to SES Bye-Law 111
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  • Article
    SES Supplement today
    82 1 READ what the experts have to say about bonds, golds, futures, Hit trusts, and, of course, equities in BTs 24page special on investments. Free with today's issue of BT. PLUS in the main paper. BTs Top 100 ranking of Singapore and Malaysian compa- nies by shareholders' funds.
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  • Article
    US$ falls following comments on yen
    151 1 THE US DOLLAR fell by nearly one Singapore cent and one Japanese yen yesterday, following comments by US Treasury Under Secretary David Mulford that recent strengthening of the yen played a "very important" role in helping to cut Japan's trade surplus. In Singapore yesterday,
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      301 1 Nikon The World s Finest Photographic System. KAIFU'S HOUR HAS COME 10 SO, WHO WON THE COLD WAR? 11 PC STARS SHINE EVER BRIGHTER 12 Aircraft Schedule 25 Money Changer Rates 25 World News 8. 9 Commodities 24 Money Market 23 Cryptic Crossword 25 Regional News 7 Financial News 6
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      Page 1 Advertisements Column 2
      8 1 More reports on Pg 8 and Back Pg
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      Page 1 Advertisements Column 3
      78 1 Nikon The World s Finest Photographic System Model No. BA 3130T >UQUUJ Exclusively at THE HOUR GLASS Singapore: Lucky Plaza #01-368. Tel: *****20/1 Scotts #01-10. Tel: *****96 Centre point #01-21/22. Tel: *****98 Peninsula Plaza #01-01/02. Tel: *****09 Singapore Changi Airport, Departure/Transit Lounge East West Wings. Tel: *****69/*****60 Malaysia: Yow Chuan
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        SBS forks out $150 m for 700 new buses
        97 2 THE SINGAPORE Bus Service is spending $150 million to buy 500 air-conditioned and 200 non air-conditioned Mercedes buses. Of the contract, $90 million goes to the Mercedes bus chassis. Walter Alexander and Deple Metsec won the contracts of $15 million and
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      • Article
        Eminent professor for Lecture
        99 2 PROFESSOR Ross Garnaut, Professor of Economics and Head of the Department of Economics, Research School of Pacific Studies at the Australian National University, will be the guest speaker of the Third Lim Tay Boh Memorial Lecture to be held at the National University of Singapore on
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      • Article
        S'pore team to health conference
        73 2 THE COMMISSIONER of Public Health, Mr Daniel Wang Nan Chee, is leading a Singapore delegation to the "First Brunei Darussalam-Indonesia-Malaysia-Singapore Border Health Conference" which is being held in Kuala Lumpur from yesterday to Thursday. Among the objectives of the meeting are the review of common
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      • Article
        Nominations for Cultural Award
        51 2 THE Ministry of Community Development has invited nominations from outstanding artistes in dance, drama, music, literature, photography and visual arts for the 1990 Cultural Medallion Award. It said 52 artistes in various fields of the arts have received the award since it was instituted in March
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      • Article
        Mysterious skin disease
        64 2 A TOTAL of 141 people, most of them children, were reported to have been afflicted with a mysterious skin disease which causes rashes. The Epidemiological News Bulletin, a publication of the Quarantine and Epidemiology Department, said investigations were being conducted to determine the extent of the problem
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    • Article, Illustration
      Union call on foreign labour too harsh: SNEF
      408 2  -  By Chuang Peck Ming THE CALL by unions to deprive employers of foreign labour if they have not raised the retirement age is described as "a bit too harsh" by Mr Stephen Lee, the president of the Singapore National Employers' Federation. Reacting
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    • Article
      The most popular management services
      302 2 FINANCIAL and management accounting were the most popular management services offered by consultants last year, said a recent survey commissioned by the Canadian High Commission for Canadian businessmen. There were about 95 firms that provided these services compared io, say, 10 for automation and robotisation
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    • Article, Illustration
      Sinar Mas banking arm opens office
      360 2 PT BANK Internasional Indonesia (BII), the banking arm of the Sinar Mas group, yesterday opened its representative office in Singapore. It also signed a US$23 million syndicated loan facility for the bank. Two other Indonesian banks are also raising offshore credit facilities here. Bank
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      178 2 CHARTPOINT Every Saturday in Business Times S3 4 %w& m .aA V. mt *t v Thailand with H| a US$l99 BHF World Magazine 1990 is Thai's thirtieth year of operation. And to period between January Ist, 1990 and December 31st, 1990 celebrate our birthday we've got a present for you.
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Wearnes to buy 40pc stake in Tandberg Data
      358 3  -  By John Tan HOME-GROWN multinational Wearne Brothers Ltd is on the acquisition path again to beef up its stable of international electronic companies. Wearnes is buying from West German electronics giant Siemens a 40 per cent stake in Tandberg Data, a maker
      358 words
    • Article, Illustration
      C Itoh, Hong Leong in M$ 150m Johor project
      402 3  -  By Sangeeta Mulchand (JAPANESE COMPANY C Itoh and Malaysia-based Hong Leong Co Bhd have set up a joint venture with the Johor state government to develop a hotel and condominium project in Johor. The total investment for the development, inclusive of
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    • Article
      Lock icon Higher demand and large contracts augur well for UCHB
      299 3 Bernama UNIVERSAL CABLE Holdings Bhd (UCHB) is heading for a bright future with increasing demand for its products and a few huge selling contracts it has in hand, executive chairman Datuk Lew Sip Hon says UCHB, formerly known as Universal Cable
      Bernama  -  299 words
    • Article
      Lock icon Listings on KL exchange likely to hit a new peak this year
      571 3 MARKET TALK MBT THE NUMBER of listed companies is increasing rapidly on the Kuala Lumpur Stock Exchange (KLSE). New listings this year will probably hit a new high to surpass the previous record of 14 in the years
      MBT  -  571 words
    • Article, Illustration
      Lock icon Sime Darby makes organisational changes
      243 3 Bernama SIME DARBY has appointed Nik Mohamed Yaacob as its director for Malaysian operations. In addition to retaining direct operational control of Malaysia, he will also have responsibility for DMIB Bhd, Tractors Malaysia Holdings Bhd and Sime UEP Properties Bhd. Sime said the group's oil
      Bernama  -  243 words
    • COMPANY BRIEFS
      • Article
        F & N executes four options
        184 3 F N executes four options FRASER NEAVE Ltd said yesterday that following approvals by its stockholders and shareholders of Cold Storage Holdings at their respective EGMs, four option agreements have been executed on July 6. They include the option to purchase from Goodman Fielder Wattie (GFW) 30 million shares in
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      • Article
        UOB foreign holding
        105 3 UNITED OVERSEAS BANK said as at July 7, 1990, the percentage of foreign shareholding in the bank's issued share capital, including transfer of shares lodged with the Registrar and in the course of being processed was in the region of 27.43 per cent. Following the procedures set
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      • Article
        Transmarco's distributing arms
        69 3 TRANSMARCX) LTD has acquired two subscriber shares in Marketing Agency (S) Pte Ltd which has an issued and paid-up capital of $2. Marketing Agency has also acquired two subscriber shares in M A Times (1990) Sdn Bhd. Marketing Agency (S) and M A Times are now wholly-owned
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    • Article
      Lock icon UEM takes 50pc stake in Ho Hup
      348 3 MBT UNITED Engineers (Malaysia) Bhd (UEM) has exercised its option to purchase two million shares representing 50 per cent of the paid-up capital of Ho Hup, a civil engineering company. Accordingly, a conditional purchase and sale agreement has been executed between UEM and
      MBT  -  348 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      246 3 The long awaited single largest Common Market and Open House for the office equipment manufacturers, suppliers and services is taking off. At the World Trade Centre Hall 4, from October 10-13, 1990. For years, the Open House concept is limited to only some as such events are expensive to organise.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        HK Evergo group shares suspended
        43 4 TRADING in shares of Evergo International Holdings Co Ltd and related companies Chinese Estates Holdings Ltd, China Entertainment and Land Investments Holdings Ltd and Paul Y International Group Ltd were suspended yesterday, a Hongkong Stock Exchange statement said.
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      • Article
        Murata in Thai venture
        66 4 MURATA Manufacturing Co Ltd will add a new plant to make ceramic condensers to its Chiangmai subsidiary, Murata Electronics (Thailand) Ltd, a Murata spokesman said. The company is investing about 2.5 billion yen in the plant, which will begin operating in April 1991. The ceramic condensers
        66 words
      • Article
        US firm in China oil venture
        67 4 AMERICAN United Group plans to invest US$6OO million in building an oil refinery in China's southern Guangdong province. The Beijing-owned China News Service (CNS) said on Friday the oil refinery wilt be either at Zhuhai or Huizhou. Mr Wang Shizhong, chairman of the group's
        67 words
      • Article
        Goldstar gets Romanian order
        52 4 LUCKY-GOLDSTAR International Corp has received a US$2O million order from Romania's Electronum Foreign Trade Co for colour TV sets and braun tubes. Under an earlier order from the state-run Romanian company, LuckyGoldstar International shipped US$3O million worth of colour TV sets and other electronic goods, the
        52 words
      • Article
        M'sia picked for TV plant
        62 4 JAPAN'S Matsushita Electric Industrial Co is to build its third overseas television picture tube plant in Malaysia, after those in China and the United States. The plant will be located in the industrial complex of Shah Alam in Selangor and is expected to produce 900,000
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      • Article
        Rohm sets up unit in Manila
        61 4 ROHM FUKUOKA Co Ltd, a wholly-owned subsidiary of a semiconductor maker Rohm Co Ltd, will set up a chip resistor unit in the Carmona industrial complex on the outskirts of Manila. Rohm Electronics Philippines will be capitalised at 375 million pesos with Rohm Fukuoka
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      • Article
        Mazda heads for E Germany
        50 4 MAZDA Motor Co will begin marketing automobiles in East Germany this fall. Following similar movements by Japan's other large auto manufacturers, Mazda said it will set up about 50 dealerships in East Berlin and plans to sell between several hundred and 1,000 cars this year.
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    • Article
      Lock icon MMB seeks partner to develop estate
      211 4 Bernama MALAYSIAN MOSAICS Bhd (MMB) is trying to team up with a Japanese chewing gum-maker to develop its existing 438 hectares of gumproducing jelutong trees in Jeroco Estate, Sabah. The Japanese partner had taken the samples back to Japan but so far nothing had
      Bernama  -  211 words
    • Article
      Lock icon India's Larsen group plans to invest 12b rupees
      311 4 Reuter INDIA'S Larsen and Toubro Ltd plans to invest 12 billion rupees in the next three years in new projects and diversification to double its turnover to 20 billion rupees, managing director U V Rao said. The proposed investment, including a capital
      Reuter  -  311 words
    • Article
      Lock icon Bond Corp to reap US$ 60m from PNG deal
      162 4 Reuter BOND CORP Holdings Ltd will raise U5559.6 million from the sale of its 79.5 per cent interest in Papua New Guinea oil explorer Merlin Petroleum Co. Bond said it has agreed to sell the stake to Japan Papua New Guinea
      Reuter  -  162 words
    • Article, Illustration
      Kuok aims to raise capital ceiling of Philippine hotels
      463 4 MALAYSIAN hotel chain magnate Robert Kuok has sought an increase in the capital ceiling of his two hotel ventures in the Philippines to accommodate fresh equity infusion. Mr Kuok wants the authorised capital stocks of Edsa Shangri-La Hotel and Resort Inc
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    • Article
      Lock icon Hawke urges rethink on privatisation
      212 4 AFP AUSTRALIAN Prime Minister Bob Hawke has called for his ruling Labor Party to review its anti-privatisation stance despite vocal opposition to any change from within the party. Mr Hawke was backing earlier comments by Treasurer Paul Keating that the party should reconsider its privatisation
      AFP  -  212 words
    • Article
      HK eyes Taiwan as a source of venture capital
      361 4 HONGKONG venture capital specialists have set their sights on Taiwan as a prime provider of lucrative seed money. Recently more than 200 people attended a Hongkongorganised conference in Taipei in an effort to gain Taiwanese participation in the booming venture capital
      361 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      165 4 Sometimes, thisj isn't enough. 3 Authorised Personnel Only This is. > t RBBfl fjjjii »V>l pa The ADC System 4000+: The sensible solution to access control and alarm monitoring needs The ADC System 4000+ is a single door access control unit that 2 programmable time zones per day per card.
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      Page 4 Advertisements Column 2
      125 4 an area of potential for business and trade possibilities, the Department of J J f X. Trade Development of Western Australia is a series of 7-day fully-conducted Business ikx I Investment Tours. lc (ifafervp /Urffrvrfifc V V 0 Highlights of the tour include presentations on the Business Investment Programme and
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Lafayette deal seen as a boost for Trump
      295 5 NYT DONALD TRUMP is said to have signed on France's largest retailer to a 25-year lease in Trump Tower in a deal worth tens of millions of dollars that will strengthen his troubled real estate and gambling empire. Galeries Lafayette, Europe's second-largest
      NYT  -  295 words
    • Article
      Lock icon Swedes in investment drive abroad
      454 5 Reuter A NEW BREED of Viking, armed with cash and clad in corporate pinstripes, has set Out from Sweden on an aggressive campaign of foreign conquests. "The only way to survive »to grow abroad," said Olof Sjostrom, an adviser to investment bank Salomon Brothers. J
      Reuter  -  454 words
    • Article
      Lock icon IBM and Motorola in technology talks, say officials
      290 5 NYT IBM is in negotiations to license its most advanced memory-chip technology to Motorola Inc, several government and industry officials say. Since 1986, Motorola has been involved in a joint venture with Toshiba Corp, using Toshiba's advanced chip technology to make semiconductors.
      NYT  -  290 words
    • Article
      Lock icon Daimler to arrange for cross shareholding
      140 5 Reuter WEST GERMANY'S Daim-ler-Benz AG and the Mitsubishi group will buy up to five per cent of each other's shares, Daimler-Benz chairman Edzard Reuter said in an interview with the Japanese financial daily Nihon Keizai Shimbun published on Sunday. Mr Reuter said in an
      Reuter  -  140 words
    • COMPANY BRIEFS
      • Article
        More businesses go bust in the UK
        156 5 BUSINESS failures in the UK in the first six months of this year totalled 11,620, up 30 per cent from 8,972 a year ago to reach their highest level for 10 years, business information company Dun and Bradstreet said. The company said (he
        156 words
      • Article
        Adidas management criticised
        136 5 TWO of the grandchildren of Adi Dassler, who set up the Adidas sports goods company, criticised the firm's management for not telling them of plans to sell a majority stakt to French entrepreneur Bernard Tapie. Adi and Suzanne Dassler said in a statement that they express great
        136 words
      • Article
        Thomson-CSF unit to axe staff
        154 5 THE Netherlands defence subsidiary of French group Thom-son-CSF is to axe almost a fifth of its workforce by the end of next year, the Dutch company said. A total of 900 of the current 5,000 jobs at Hollandsche Signaalapparaten (HSA) will disappear, HSA chief Jan
        154 words
      • Article
        Suiker Mij plans purchases
        69 5 DUTCH sugar and foods group NV Centrale Suiker Mij plans to acquire some brands from Sara Lee Corp's Dutch subsidiary, Douwe Egberts, the firms said in a joint statement. The group of companies to be bought manufactures chocolate, liquorice and fruit syrup brand name products and
        69 words
      • Article
        Option on LVMH voting rights
        65 5 JACQUES Rober SA, a holding company jointly owne4 by LVMH Moet Hennessy Louis Vuitton's chairman and Britain's Guinness pic has obtained first option to an extra 9.9 per cent of LVMH voting rights, the French Stock Markets Association (SBF) said. Jacques Rober controlled just under
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      185 5 i j I^4' Hi v^. THE THE CHEFS AT NUTMEGS have taken to cooking and''combines itmthcmostsuqnisi^wi^. jJ examining their ingredients in a rather unusual way. Using only light, fresh ingredients prepared MM FOO D y y Conventional ideas and recipes have been thrown without fuss, these unusual combinations are served
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Haussmann expects rates to stay high
        88 6 WEST GERMAN Economics Minister Helmut Haussmann said yesterday that he expected real West German interest rates to stay at current high levels, with no reason to worry about a sharp increase in inflation this year. "Real interest rates will remain at a high level,"
        88 words
      • Article
        Prudential axing estate agencies
        110 6 INSURANCE MAJOR Prudential Corp pic is set to close between 100 to ISO of its 680-strong chain estate agents this week, according to separate reports in three of the quality Sunday papers in London. The company, which built its agency chain during the property boom of
        110 words
      • Article
        Islamic bank lends to Karachi
        81 6 MASS RAF FAYSAL A 1 Islami, one of Bahrain's two offshore Islamic banks, said it would loan Pakistan US$35 million to finance development projects. The money would be used to finance power, textile, spinning and steel projects. Islamic banks do not take interest or guarantee
        81 words
      • Article
        Sumitomo Metal warrant bonds
        82 6 Sumitomo Metal Industries Ltd said in Tokyo yesterday that it is issuing 50 billion yen in four-year bonds with warrants in the domestic capital market. The bonds, due July 26, 1994, are guaranteed by Sumitomo Bank Ltd. Daiwa Securities Co Ltd is the lead manager. The
        82 words
    • Article, Illustration
      Tokyo rates unlikely to change: Higo Bank head
      305 6  -  By Quak Hiang Whai JAPANESE interest rates are likely to remain at their current level in the near future as there are still worries in Japan about the threat of inflation, the visiting president of Higo Bank said. Mr Yoshiaki Nagano, who
      305 words
    • Article
      Lock icon Drop in lending by UK banks, says survey
      255 6 Reuter BRITISH BANKS, finance houses and other lending institutions saw a significant decline in lending to consumers over the past three months, said a Confederation of British Industry (CBI) survey of the financial industry. The survey was conducted jointly with accountants Coopers
      Reuter  -  255 words
    • Article
      MTRC plans to raise HK$ lb in Hongkong
      287 6 THE Mass Transit Railway Corp (MTRC) plans to raise HK$l billion in Hongkong for eight years, according to the South China Morning Post. After being out of the local loans market for the last 18 months, MTRC does not find itself in
      287 words
    • Article
      Lock icon Four US banks said to be keen on UAL funding
      401 6 Reuter FOUR US money-centre banks have expressed interest in providing US$5OO million each in financing for the proposed US$4.4 billion employee buyout of UAL Corp, said a US banking source. The source, who declined to be identified, said the four
      Reuter  -  401 words
    • Article
      Lock icon Japanese bank, French body plan to cooperate
      164 6 AFP A LARGE Japanese government long-term credit bank is talking with a French public financing institution about cooperating in several areas, said officials from the Japanese side. The Japan Development Bank (JDB) and the Caisse des Depots et Consignations (CDC), a major state-owned
      AFP  -  164 words
    • Article
      Lock icon Taiwan liberalises interbank market
      173 6 AFP TAIWAN is to widen its foreign exchange interbank market to all foreign banks with branches in the country in a liberalisation move aimed at making the island a regional financial centre. The foreign banks' branches in other countries would also be permitted to join the
      AFP  -  173 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      228 6 HOTEL MERIDIEN Pull a few strings. Take a business break in Phuket. Have your next meeting on a tropical island. Le Meridien Phuket has a special meetings package that cost-effectively combines efficient business facilities and the pleasures of life on a 1 tropical island. The full 'Meeting Package' includes: three
      228 words
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      Page 6 Advertisements Column 2
      47 6 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 anrfum. Call: JEFF LITTE
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon French companies keen to invest in Malaysia
      419 7 MBT FRENCH companies are interested in investing in high technology industries in Malaysia particularly in the telecommunications, aviation and defence-related industries. Malaysia's ambassador to France, Datuk Ismail Ambia, said although French investment in Malaysia is still not as high as that of other
      MBT  -  419 words
    • Article
      Lock icon Growth lies in manufacturing
      323 7 Bernama MALAYSIA'S best hope for medium-term growth lies in the manufacturing sector, di-rect-general of the Institute of Strategic and International Studies (Isis), Dr Nordin Sopiee ;said yesterday. Speaking at a seminar on "Investment opportunities in Malaysia towards the year 2000" he said the sector's share of
      Bernama  -  323 words
    • Article
      Lock icon China reopens 'silk road' to Pakistan
      320 7 China reopens 'silk roa d' to Pakistan Reuter CHINA has reopened its fabled "silk road" tourist route into Pakistan after a twomonth delay which Pakistani tour operators said was caused by a bloody Muslim revolt in China's far west. Pakistani tourism officials said on Sunday that China opened the route,
      Reuter  -  320 words
    • Article
      Lock icon Malaysia supports environment policies
      118 7 Bernama MALAYSIA believes that en-vironment-related policies are not a hindrance to economic development but an integral part of socioeconomic development and economic growth. Foreign Minister Datuk Abu Hassan said Malaysia had always tried to integrate environmental considerations in its economic planning and decision-making process, particularly in
      Bernama  -  118 words
    • Article
      Lock icon Foreigners can provide basic services: Aquino
      413 7 AFP PRESIDENT Corazon Aquino of the Philippines yesterday signed into law a congressional act allowing foreign firms to build, operate and transfer (BOT) basic infrastructure services which the government cannot undertake. In a statement emphasising the urgency of the BOT scheme, she said: "We
      AFP  -  413 words
    • NOTE BOOK
      • Article
        Bangladesh backs Gatt membership for China
        105 7 PRESIDENT Hussain Mohammad Ershad pledged Bangla- desh's support for China's membership in the General Agree- ■>, ment on Tariffs and Trade (Gatt), the official BSS news ur agency reported on Sunday. The pledge came during a meet- A ing with the visiting Chinese Vice-Minister
        105 words
      • Article
        Manila releases 44 officers
        80 7 THE PHILIPPINE military yesterday freed 44 army offi- cers who had spent the past seven months in the army stockade on suspicion of involvement in a coup attempt against President Corazon Aquino. A special investigating body from the military "had determined their roles in the said
        80 words
      • Article
        Phnom Penh blasts Sihanouk
        85 7 CAMBODIA's pro-Vietnamese government blasted Cambo- dian guerilla leader Prince Norodom Sihanouk for support- ing the peace plan of his Khmer Rouge ally in an official radio commentary on Sunday. The action showed that the prince, who in early June signed a peace agreement with Phnom Penh
        85 words
      • Article
        UNHCR criticises proposal
        122 7 THE HEAD of Hongkong's United Nations refugee body < yesterday attacked proposals to build a Pacific region hold* i ing centre for Vietnamese boat people as giving false hope < to those awaiting deportation. South-east Asian countries and Hongkong, desperate to clear an estimated 120,000 J Vietnamese
        122 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      171 7 TAKING A HOME MDan? \move in the right direction. j You've made a major move by decxing ,y| Your next move: take a home loan And adRWISL this key decision, consider Singapore's foremost home loans specialist, Credit POSB fi Be it a house or an apartment, we have a practical
      171 words
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      Page 7 Advertisements Column 2
      127 7 j I I I I I I I I i a I I I Lufthansa's Asian Commitment: We fly five times a week to Europe's most convenient gateway. j i Z. ><r t .J WM lr Lufthansa flies Singapore to Frankfurt five times a week. With three 8747-400 flights non-stop.
      127 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        South Korean Premier to visit Europe
        74 8 SOUTH KOREAN PRIME MINISTER Kang Young-hoon will visit Ireland, Belgium and Turkey later this month, a spokesman announced in Seoul yesterday. He would be discussing with prime ministers and other government leaders expanding political and economic links between their countries and South Korea, as
        74 words
      • Article
        Sino-Korean ferry link planned
        129 8 CHINA AND SOUTH KOREA have agreed to begin a car ferry service between their shores and expect to start it up before the Asian Games in Beijing in September, government officials in Seoul said yesterday. Officials at the Korea Maritime and Port Administration said a Chinese
        129 words
      • Article
        Leak scare at Spanish N-plant
        128 8 SPAIN'S largest and newest nuclear power plant was shut down last Sunday after engineers detected a leak of radioactive steam from its coolihg system, a regional government spokesman said. Regional authorities decreed a state of alert at the Vandellos II plant but said the leak
        128 words
      • Article
        OAU summit meeting opens
        100 8 AFRICAN HEADS of state were opening a three-day Organization of African Unity (OAU) summit in Addis Ababa yesterday, amid concern that Western insistance on democratic change will shift aid to Eastern Europe. Somali President Mohammed Siad Barre has reportedly cancelled his attendance after trouble in Mogadishu
        100 words
      • Article
        Ryzhkov to lead preparations
        56 8 SOVIET PREMIER Nikolai Ryzhkov will head a commission preparing for negotiations with Lithuania on granting the Baltic republic independence. A Lithuanian government spokesman, Czeslovas Jurshenas, said last Sunday that Lithuania was preparing documents to present at preliminary talks to set up negotiations on the republic's quest
        56 words
      • Article
        Time cut for German conscripts
        112 8 WEST GERMAN conscripts are to have three months trimmed off their time under a new Bill aiming to shorten compulsory military service to 12 months, West German Defence Minister Gerhard Stoltenberg said last Sunday. He told West German radio that the Bill would be put
        112 words
    • Article
      Lock icon 300 stage 'Don't Sell Australia' protest
      219 8 AP ABOUT 300 PEOPLE marched through Brisbane's resort area on Sunday to protest against politicians allowing foreigners to buy up Australian property. Many of the demonstrators carried banners that read "Don't Sell Australia". Police said the march and ensuing public rally were peaceful and
      AP  -  219 words
    • Article, Illustration
      Keating fights to keep the faith
      467 8 AUSTRALIAN Treasurer, Paul Keating goes this week into the hard slog of preparing another difficult Budget, fighting to maintain the mon-etary-policy consensus which has held together the government's economic strategy, according to the Australian Financial Review. With the pain of high interest rates spreading
      467 words
    • Article
      Lock icon Political will to tax the rich looking weak
      523 8 Reuter US BUDGET deficit negotiations resume this week with Democrats under increasing pressure to make sure that any new taxes hit the wealthy at least as hard as they hit the middle and lower income earners. But although President George Bush has
      Reuter  -  523 words
    • Article, Illustration
      Lock icon Soviet aid to Cuba will fade away: official
      301 8 AP SOVIET financial aid to Cuba, which the Bush administration says must stop before Moscow gets any US economic support, will gradually end, a Soviet official said on Sunday. Gennadi Gerasimov, spokesman for the Soviet Foreign Ministry, said on CBS television's Face
      AP; AFP picture  -  301 words
    • Article
      Lock icon Cuba seeks to boost tourism, diversify exports
      428 8 Reuter CUBA, starved of hard currency and squeezed by a US trade embargo, is seeking to boost tourism and diversify exports to lessen a fall-ofT in trade with Eastern Europe. Communist President Fidel Castro is banking on tourism and new exports such as
      Reuter  -  428 words
    • Article
      Lock icon Greece, US sign eight-year defence agreement
      416 8 AP GREEK AND US officials on Sunday signed a defence treaty allowing two major US military bases to remain in the country for at least eight years. The treaty, which still needs ratification by the Greek Parliament and the US Congress, guarantees defence of
      AP  -  416 words
    • Article
      Iran and Iraq wooing Tokyo oil companies
      393 9 IRAN AND IRAQ have at least one thing in common both are seeking help from Japan in developing ac*v oil fields, the Japan Economic Journal has reported. The problem lies in convincing Japan, once bitten twice shy, that it would benefit from such
      393 words
    • Article
      Lock icon Seoul electronics sector out to regain edge
      513 9 Reuter «SOUTH KOREA'S electron'ics industry, a pillar of the nation's export-led economy, has suffered a major loss of market muscle but has begun restructuring to regain its competitive power. Higher wages, a stronger South Korean currency and rising protectionism have battered exports by
      Reuter  -  513 words
    • Article, Illustration
      Marine message on nuclear arms
      42 9 Greenpeace activists and their Japanese comrades form a peace sign around the Greenpeace Teasel regm in tne Yokosuka Harbour, near a US Navy base south of Tokyo. The display was part of a protest against nuclear weapons.
      42 words
    • Article
      Lock icon Brazil to remove protection for computer industry
      389 9 NYT TO MAKE Brazilian industry more competitive and to fight inflation by making goods less expensive, the new government of President Fernando Collor de Mello plans to do away with protectionist legislation gradually. During the 1980s, such taws hindered joint ventures -with foreign
      NYT  -  389 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      161 8 IP L (Level 7) The exciting, enticing taste of spicy Cajun A masterful blend of French and Louisiana cookm' comes to the River Terrace. Cajun cooking, rich in flavour and variety, makes its debut at the River Terrace this July. With its elaborate preparation using only the freshest farm and
      161 words
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      Page 8 Advertisements Column 2
      36 8 Wednesday. July tt. 1990 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 9pm Auctioneers: Cheong Kaon Seng (CKS) Auctioneers Valuers Pt« Ltd Showroom: #03 28 RaTto Qty Shopping Cmntn T*33B 8135/338 Mflß <
      36 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      224 9 1 GOOD IDEAS KEEP COMING UP fll Compact The new laser nrinter that's It emulates sof the most popular Flexible paper handling manual printers: HP Laser Jet Series 11, Epson feed accepts even envelopes and small in size, big on quality. FX-80, IBM Graphics Printer, IBM Pro transparencies The JX-9500
      224 words
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  • Article
    Patience is the word
    442 10 EDITORIAL THE GOVERNMENT has reiterated its stand against Singapore businessmen investing in Cambodia, warning them that they stand to have their passports impounded if they ignore the rule. Those who have already invested in that country have been advised to withdraw their investments immediately. Responding to
    442 words
  • WHAT THE OTHERS SAY
    • Article
      Capitalising on Asia
      230 10 GROWING economic links between China and Taiwan are paralleled, if for the moment in a rather pale way, by warming relations between South Korea and the Soviet Union. Vietnam is desperate for Western investment, while Laos is introducing legislation to protect capital investment. These are welcome trends
      230 words
    • Article
      Redefining Nato
      94 10 NATO needs to redefine its role in the wake of the changes sweeping Eastern Europe. Sure, communism does not pose a threat any longer, so does the Warsaw Pact which is Nato's raison d'etre. Be that as it may, an American presence on the continent is still important
      94 words
    • Article
      Working on job-hopping
      150 10 JOB-HOPPING is rampant just now. The problem requires both employer and employee to work at it. Bosses can instil loyalty in their staff by giving them a clear picture of their prospects. A system of rewards for good work is a sure morale-booster. For workers, they should
      150 words
  • REGIONAL VIEWPOINTS
    • Article
      Consider the consequences
      171 10 IF ANYTHING was a symbol of China rejoining the fold to enable the West to resume normal diplomatic ties, it was the freedom of dissident astrophysicist Fang Lizhi and his wife Li Shuxian to leave the country. Mr Fang has committed the same mistake of overbearing self-righteousness
      171 words
    • Article
      Milestone of progress
      139 10 TWENTY YEARS from now, the just-completed negotiations between Japan and the US on improvement of each other's structural economic issues will be remembered as a milestone of progress toward true interdependence and integration of the two economies. Japan should also work seriously to bring about results regarding
      139 words
    • Article
      Hear ye, hear ye
      133 10 THE traditional. Westminster system, which assumes public servants are faceless individuals who do not comment publicly on policy issues, is becoming more and more unsuited to the Australian political landscape. Westminster's defenders should realise that no real harm will come of modifying it. There is no
      133 words
  • Article, Illustration
    Lock icon For Kaifu, his hour has come
    1116 10  -  The Houston summit is seen as the most important test so far of Toshiki Kaifu's ability to project Japan's rising importance on the world stage. Can he pass the test? PatricK Smith reports Patrick Smith IHT THE presence of Toshiki Kaifu at the Houston
    IHT  -  1,116 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      85 10 ScalpeLsrissors-sutures.- Business Times Whrtkrr ytm r* a iiirgrai. La«TTT. roMrartar or m*t«r»r. a# ll* ir««da that alter! thrm >0. ml I. br kip, ~il .nlerm* to maitmt» mam. cm Kaarwlal Mar math* arrr-Mr rvrry buauma da, your money Hiroufh Bunma Ttmn oprraw to nuMnrSTffTi'T^r""-«"■«• Tie U""*"* pUM lu» ■novr. and
      85 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      43 10 DOONESBURY BY GARRY TRUDEAU MIKS-, NO MATTER UHAT YOUR. A5R££P W urne wcss tbll you, you /s me ran an a MUSTPROMISEMe YOU(<//LL- RBPUBUCOPEN ilAl never ever, seriously j \v law tonight* NO! hhat? CONSIDER JOINING o I PIPNT the peace corps >'• toucm
      43 words
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  • ANALYSIS
    • Article
      Lock icon So, who are the real winners of the Cold War?
      1008 11  -  Professor Paul Kennedy of Yale is the author of The Rise And Fall Of The Great Powers. He talked with Lawrence Malkin about the Nato summit meeting in London and the Group of Seven meeting which began yesterday in Houston.
      IHT  -  1,008 words
    • Article, Illustration
      Lock icon Reform of 'licence raj' doomed from the start?
      1141 11  -  Graft has always been a problem for India and it seems to be growing daily. John Pomfret examines the government's difficult task in cleaning up corruption in a country where bribes are taken almost for granted John Pomfret AP PRIME MINISTER V
      AP  -  1,141 words
    • Article, Illustration
      Lock icon A new climate, a new spirit
      652 11  -  Sanjoy Hazarika reports on the new breed of entrepreneurs in India Sanjoy Hazarika NYT IN THE last decade, many young, aggressive entrepreneurs have flourished in India by forming joint ventures with foreign corporations, tapping the sub-continent's vast domestic markets and challenging the traditional power
      NYT  -  652 words
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  • FOCUS
    • Article, Illustration
      Stars of the PC galaxy shine brighter than ever
      676 12  -  Kenneth James begins a column on IT matters with a look at some very portable computers INNOVATION; TECHNOLOGY Kenneth James ITS THE home-based entrepreneur's fantasy turned reality, the globe-trotting executive's dream come true, the mobile salesperson's ultimate assistant. It's truly portable
      676 words
    • Article
      Lock icon US 'upstart' to launch new dual-deck VCR
      629 12 NYT A TINY Arizona company has begun to market a new generation of videocassette recorders that could re-es-tablish an American presence in consumer electronics, an industry dominated by Far East producers for the last 20 years. The upstart company, Go-Vid-eo Inc, has combined
      NYT  -  629 words
    • Article
      Lock icon Device controls TV viewing time
      170 12 AFP TECHNO Advance Co, an electronics equipment maker, has developed a device designed to enable parents to control the time their children spend watching television or playing video games. Techno president Kunimitsu Kawamura said in Osaka last Friday that with the electronic device, named the
      AFP  -  170 words
    • Article
      Oracle Corporation more than triples turnover in a year
      374 12  -  By Tug Suit Chee LESS THAN two years after setting up an office in Singapore, an American computer software multinational company, Oracle Corporation, has got on to the fast track. Mark Y Wang, managing director of Oracle Systems SEA (S) Pte
      374 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      202 12 Don't Miss the Major EDI Conference and Exhibition in the Asia Pacific Region Singapore 18 -19 July EDI The New Way of Business Communications Over the next decade the Asia Pacific Rim countries will take over as the world's industrial powerhouse. EDI will be the vital link between producers and
      202 words
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      Page 12 Advertisements Column 2
      65 12 Announcement 1 ®SJ SECURITIES SDN BHD A Member Company of The Kuala Lumpur Stock Exchange (formerly known as Subang Jaya Securities Sdn) will resume operations on July 12,1990 under new management at Level 3 Holiday Villa No 9 Jalan SSI 2/1 Subang Jaya ***** Petaling Jaya Selangor Darul Ehsan Malaysia.
      65 words
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  • SPORTS
    • Article, Illustration
      Lock icon World Cup: an ugly final
      746 13 AP IN A WORLD CUP punctuated by controversy and injustice, a remarkable thing happened. The best team triumphed. West Germany, which scored more goals than any other team and always tried to attack, defeated defending champion Argentina 1-0 in an ugly final in Rome yesterday
      AP  -  746 words
    • SIDE LINES
      • Article
        Pit fire overshadows Sullivan's victory
        164 13 A SCARY pit fire spoiled a strong showing by A 1 Unser Jr on Sunday and allowed Danny Sullivan to race off to his first victory of the season and his third Cleveland Grand Prix triumph. Unser led all but six of the first 62
        164 words
      • Article
        Rudolph beats Biondi
        101 13 NILS RUDOLPH of East Germany stole the spotlight from American Olympian Matt Biondi for the second day in a row; beating him in the 100-metre freestyle at the Santa Clara Invitational swim meet on Sunday. Rudolph, whose time of 51.06 seconds set a meet record, had beaten
        101 words
      • Article
        Cricket row resolved
        110 13 A DISPUTE between Pakistan and New Zealand over a cricket tour itinerary is now resolved and New Zealand will visit Pakistan later this year. New Zealand Cricket Council chairman Barry Paterson said yesterday that it took the intervention of the International Cricket Board to reach a settlement.
        110 words
      • Article
        Little's out of Tour
        59 13 AUSTRALIAN Rugby Union centre Jason Little was ruled out of the Wallaby tour of New Zealand yesterday after breaking an ankle in Sunday's thrashing of the US. Little will remain behind with flanker David Wilson, who fractured his ankle during a weekend club game in Brisbane.
        59 words
      • Article
        Viola's record
        67 13 FRANK VIOLA became the first pitcher in the Natiooal League and the second in the majors to win 13 games as the New York Mets edged the Atlanta Braves 2-1 on Sunday. Viola (13-3) allowed seven hits in 7 2-3 innings, striking out three and walking three as
        67 words
    • Article, Illustration
      Lock icon The forgotten man of tennis
      705 13 Agencies STEFAN EDBERG seems almost an afterthought at Wimbledon. He lacks the macho appeal of Boris Becker or the pathgs of an obsessed Ivan Lendl. He isn't controversial or confrontational. His desire resides within, not to be flaunted before the Centre Court crowd. All he
      Agencies  -  705 words
    • Article
      Lock icon Davis clinches welterweight title
      461 13 AP AARON DAVIS dropped Mark Breland in the third round, then put him away for good with a crushing short right in the ninth to win the World Boxing Association welterweight title in Reno, Nevada, last Sunday. Davis, whose vision was hampered for most of the
      AP  -  461 words
    • Article
      Lock icon Paez keeps IBF belt in draw
      104 13 Reuter INTERNATIONAL Boxing Federation featherweight champion Jorge Paez of Mexico retained his title in Las Vegas last Sunday with a 12-round draw against No. 3 challenger Troy Dorsey (US). Paez, a 3-1 favourite, dominated rounds five through 10, landing left hooks and right uppercuts
      Reuter  -  104 words
    • Article, Illustration
      Lock icon Wadkins clinches 19th career victory with Classic title
      315 13 AFP LANNY WADKINS ran away with his 19th career victory in Williamsburg, Virginia, last Sunday when he shot a three-under-par 68 to win the Anheuser-Busch Golf Classic by five shots over Larry Mize. Wadkins, whose last win came in 1988, set a
      AFP  -  315 words
    • Article
      Lock icon French GP outcome raises questions about top teams
      414 13 Reuter ALAIN PROSTs victory and Ivan Capelli's surprise second place finish in last Sunday's French Grand Prix motor race in Le Castellet may have marked a major mid-season shake-up among the leading powers in Formula One. As the teams travel to Silverstone
      Reuter  -  414 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1038 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE... FIESTA FILIPINO JULY 9 22 AT THE TEA ROOM The exotic heritage of Filipino cuisine, an exuberant blend of Malay, Chinese, Spanish and American dishes prepared by master chefs specially flown in from The
      1,038 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      720 14 7 TELEVISION AND RADIO "111 "i, >j ~'4f&""',,'- J J Twine's widow Amber, per- Killer. RlAixnnn hnt cmn f»nln SBC,Z u, rz:- lhto J3 I JLUgL XXU L CiXXvl WV-rXvl 7JOMI De GaaHe Storms Over for her attention 5.55 Teday to Wstery. I.lom, l**9*, T XAA p the Atlantic (See
      720 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The A to Z of job titles
      1228 15  -  Feel like changing your job? How does being a blaster sound to you? Or do you fancy being a queen producer? Alan Furst muses over a choice of more than 20,000 types of occupations Alan Furst IHT WORKERS of the world, unite! And
      IHT  -  1,228 words
    • Article
      Lock icon Grim, compelling portrait of a hell of a marriage
      932 15  -  Book Review By Christopher Lehmann-Haupt NYT FALLING ANGELS By Barbara Gowdy 199 pages. Soho Press U5518.95 IT HAS BEEN said marriage is a romance in which the hero dies in the first chapter. The heroine dies in the first chapter of
      NYT  -  932 words
    • Article
      Sanyo plans to build golf course, hotel on Wales
      749 15 THE Japanese group Sanyo wants to build a multi-mil-lion-dollar golf course and a luxury hotel complex on the Welsh estate formerly owned by Charles Rolls, the cofounder of the Rolls-Royce motorcar company, a Sanyo spokesman said on Sunday. The Japanese firm
      749 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      226 15 AND ENTERTAIN ATXste For Italian Masterpieces. rTAIJAN PROMOTION k 6 TO 16 JULY 1990 >1 BUFFET DINNER lt Wng* 1 7PMTOIOPM *L -25** V nua:ADUiT»m, IW. -"V. CHILOMN $14 HuAH AunucßsumcT iri' vv" to io» service CHARGE AND CESS From 6 to 16 July, wc present you with the taste
      226 words
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      Page 15 Advertisements Column 2
      162 15 f ▼n/\|i/ m Restaurant and 1 Kv/llm/% Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Shashlik A La Troika Borsch Baked Alaska Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to 230pm 7.00pm to 2.00 am Mondays to Sundays j[ el: H?? 6.OOpmJoJl o.oopm Fax: *****33 133 Cecil
      162 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market closes slightly lower in quiet trading
      4422 16  -  By Magdalene Ng THE LOCAL bourse opened for the week in quiet trading yesterday with share prices ending the day slightly weaker in thin trade. Activity continued to be focused on speculative and situational stocks with some new names like Metroplex and Universal
      4,422 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3966 17 Main Board OCBC Foreign 1070 40 3.9% DBS Foreign 1330 +20 +1.5% SPH Foreign 1120 20 +1.8% Isetan 30* 875 +15 +1.7% FELS 50" 735 +15 +2.1% ICB 520 +15 3.0% SIA Foreign I860 +10 +0.5% J Cement 330 +8 +2.5% S Steamship 50* 368
    3,966 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Share prices fail to sustain early gains
      3733 18 Bernama SHARE PRICES retreated after early gains to close mixed due to profit-taking and a lack of follow-through support. Reflecting light selling in index-related issues, the KLSE Composite Index fell 1.68 points to 592.18, while the Industrial Index closed at 1,177.58, down six
      Bernama  -  3,733 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      264 18 ft ll MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) Notice of Meeting NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of the Company will be held at the MUI Plaza Conference Centre, Ist Floor, MUI Plaza, Jalan P. Ramlee, ***** Kuala Lumpur on Wednesday, 25th July, 1990 at
      264 words
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  • BT TOP 100
    • Article, Illustration
      Funds up one-third to $59.5b since end-1988
      725 19 MOST OF THE Singapore and Malaysian listed companies have improved their return on shareholders' funds last year, thanks to the countries' strong economic growth. BTs latest ranking of the top 100 companies revealed that these companies, which are listed on the Stock Exchange
      725 words
    • Article
      Untitled
      1482 19  - Compiled by JULIANA TAY TOP 50 SINGAPORE COMPANIES Rank Comnanv Year Group Gross Group Paid-up Net Current Return ended Share- Assets Net Capital Tangible Earnings on holders less Profits as at Asset Per ShareFunds Contra ($mil) Jun 30 Per Share holders* ($mil) Accounts 1990 Share (cents) Fund ($mil) ($mil) <5,
      1,482 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      106 19 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS rStories on labour and its relationship with 'i I management, management concepts in practice, I c\ profiles of leading managers in Singapore and \J tN/n V relevant book reviews. V ENTERPRISE MANAGEMENT, in Business Cxfy? V Times every Monday, is must reading for I
      106 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      255 20 frmyr-T Data Yur Group Nat Nat earnings Gross aaa to profit/loss (L) por share dividend (-000) (conts) B Sembawang Jul 5 Mar 90 $13.454($6.793) 56.1(28 3a) 35n(15a) Metro Htdgs Jul 4 Mar 90 S8,006($10.219) 14 6(18 /a) 4(2 7a) Rodmans M Jut 4 Mar 90 M$105.988($98.362) 37 1(34
      255 words
    • Article
      RESULTS DUE
      427 20 !hmnw Stocks Last Fafl Yaar Campa* NM OaM Vaar M EPS toaa M Wn« (TM) lam« HmI Mvan Mw 30 Ok 89 5351(h) EMS Mtnm Apr 26 MM 9.3(a) 2JlE(a) 4.747 Tat Lm Awca FaM km 1 Ok 89 12J 8.0 1206 FIN Mem )mi 23 Sap 90
      427 words
    • Article
      BONDS, LOANS & WARRANTS
      651 20 BONDS, LOANS WARRANTS C»mt$amy CnHntN puM CnwnJn tsne hr mm wAmj ito* UC IN Before 26/4/93 1 nmnl pta 13 09 cart Caawwiy Lobi Causeway Nt 2/10/89 to 20/10/94 1 warrant pta $1 cart or 1 warrant pta tl nomaM amount of tan stock Ohm >ta Natot ClMltoi tarch 31/12/91
      651 words
    • Article
      DIVIDENDS ANNOUNCED
      722 20 CwTMt Ex Baafcs Date Tatal tor Tatal tor payment data ctoM payable tka yaar last yaar Nn (Up 61 Aug 28 Sep 7 Sep 26 61 6% MTP NYA lun 20 Jul 5 Aug 15 MY* 129an Ann* 10% Jun 18 Jun 28 Jul 16 10* 10% fan
      722 words
    • Article
      PRELIMINARY RESULTS
      217 20 5».. Ciimt Data Year Group pre-tax Nat aarnings Grass t o ann to profit/loss (L) par share dividend COM) (eeats) hetan Jul 5 Mar 90 $32,090p($19,078) «5(39.1) 14(10) '"AtaHMjs Jun 29 Mar 90 $1.786($1.672) 5.4(5.6) 6(6) Hm Sun Hup Jon 29 Mar 90 $17.429($15,638|) 9.2(9.6) 10TE(NA) >' Metatock
      217 words
    • Article
      INTERIM RESULTS
      148 20 '<>• CMapaay Date Hatf-yMr Greup pre-tax Interim mm to pr*ftt/l«M (L) tfhrMMd (*•00) Ganda HMp Jun 29 Mar 90 MJ3.237l($2.236L) Pacific Can Jun 29 Mar 90 J68t( Samanda HMgs Jun 28 Mar 90 M$4.997($5.120) ,-„V ,CASH Jun 26 Feb 90 M$669l($500l) *rt Asa Pacific Jun 22 Mar 90
      148 words
    • Article
      Untitled
      231 20 Company Rights Imm a Cain One-tor-three MSI60 per share (****** If Converttte Unsecured Loan Stock of MSI 00 nomm* valui to be issued on the bass of 1 CULS tor every efht shares held Ex-date Jun 6 Books dose: Jun 20 Acceptance t Payment Aug 6 Ik* IMP One-lor tour
      231 words
    • Article
      CORPORATE DEVELOPMENTS
      333 20 My 9 Cdd Storm Hofcfnp (CSH) revamp is moving closer to completion. CSH entered into two option agreements, one to sell certain brands to Cold Storage Dairies and the other to sen the group's 51* interest in Cold Storage Dairies to F&N tor $43.15m. Jul fi JW Capital
      333 words
    • Article
      COMPANY MEETINGS
      348 20 Vncd takings Linftcd; AGM at 110 Mddle Road #03-01, Chat Hong Building, Singapore 0718 on Tuesday, July 10, at 11am. MB* France Bertwfc EGM at the Penthouse, 23rd Root, Ptaza MBf, Jaian Ampang, ***** Kuala Lumpur on Wednesday, July 11, at 10am. Mapum Corporation Bhd: EGM at Room
      348 words
    • Article
      PROPOSED ISSUES
      563 20 Company Rights tow Causeway to* Caprtal reduction scheme to reduce par value of shares from $1.00 to SO 60; Rtfits issue of 32 fe SO 60 per share CIM One-tor-one M$4 00 per share Every tour nghts shares wouto be issued with one TSR EMS Qnetor-two ft SI
      563 words
    • Article
      RECORD HIGHS & LOWS
      144 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 M* 1402 22 (6/2/90) ine 1G0712 (27/3/90) 1990 tar *****8 (2/5/90) 1M0 Inr 1458.18 (2/5/90) 1989 M* 1322 00 (28/12/89) 1M) 1487.76 (26/12/89) 1919 Int 917.42 (4/1/89) ltt9 1030 e9 (4/1/89) 1988 M* *****6 (8/8/88) 1M 1177*7 (8/8/88) 1988 tar.
      144 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      107 20 •i I FOR WHO, WHAT, WHERE AHD WHEH IN THE MARKET. iV ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports
      107 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices firmer at the end of a quiet day
      2264 21 Reuter TOKYO stocks closed higher yesterday afte a day of quiet trading marked by scattered stck index futures-linked arbitrage buying of csh stocks. The market shows signs of exhaustin; a buying theme adopted in May centred on snail capital issues with
      Reuter  -  2,264 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Institutional buying boosts market
      2470 21 Reuter HONGKONG stocks ended the day hjher in quiet trading yesterday, brokers said. The Hang Seng index gained 2.54 to 3,385.15 and the Hongkong index e«ed up 19.09 to 2,224.87. Turnover totalled HCSI.BS billion against Friday's 1.82 billion. Brokers said institutional investors bying for long-term investment
      Reuter  -  2,470 words
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  • REGIONAL STOCK MARKETS
    • Australian market sharply firmer
      • Article
        Untitled
        85 22 Cleat Pinto •My* SYDNEY AM Ordinaries lades 1587.1 1354.4 32.7 AM lnduatriali Index 2492.6 2449.0 +43 6 All Reaourcea Index 898.5 173.1 +23.4 Turnover (million) 116.57 98.59 +17.98 SET Index ck*ed 1030.13 Turnover (neareat *000) doted NA JAKARTA Composite Index 623.30 626.81 -3.51 Turnover (nearest *000) NA NA MANILA Compose
        85 words
      • Article
        Untitled
        334 22 la local cfeacy la SI la USS day year day year day year Jriy6 lade* chaage chaage chaagt chaagt cfcaagt chaagi World 430.2 0.3 -7.5 0.0 -I I.I 0.1 -7.7 $EAFE 6007 0.0 -11.8 -0.1 -15.1 -0.1 -11.8 Europe 452.8 0.0 0.5 -0.1 3.1 -0.1 7.1 Pacific 1024.7 0.0 -19.1
        334 words
      • Article
        AUSTRALIA
        1118 22 THE Australian share market finished sharply firmer yesterday, equalling its biggest one-day gain this year. Brokers said demand came from both institutions and offshore investors. Volume was at respectable levels but not huge, they added. The All Ordinaries Index closed 32.7 points higher at 1587.1 but off its high
        1,118 words
      • Article
        MANILA
        458 22 PHILIPPINE shares rose yesterday towards the close in selective buying, brokers said. The Manila Stock Exchange composite index closed at 884.79, up 11.12 points from Friday. The volume of trade firmed to 557 million shares worth 121.3 million pesos from the previous 540.15 million shares worth 63.04 million, but
        458 words
      • Article
        TAIPEI
        360 22 TAIWANESE stock prices reversed early losses and finished higher yesterday as the market was boosted by strong industrial sectors, dealers said. The weighted index gained 80.57 points, or 1.6 per cent, to finish at 4,986.40 against Saturday's 4,905.83 finish. Turnover rose to NT55.3 billion from 51.6 billion. Dealers said
        360 words
      • Article
        NEW ZEALAND
        304 22 LEADING New Zealand shares closed higher on a healthy Monday turnover, as stocks listed in both New Zealand and Australia were buoyed by a positive start to the week on Australian exchanges. "The international markets are doing well and several overseas investors are buying the leaders here," said
        304 words
      • Article
        SEOUL
        806 22 SEOUL stocks yesterday edged up in some of the quietest trading this year as investors lost interest in the market, but brokers did not expect to see more big falls. The composite stock index rose 1.87 points to 715.28, wih volume down to 83.1 billion won from 59.6 billion
        806 words
      • Article
        JAKARTA
        493 22 THE Jakarta Stock Exchange official index dropped 3.51 points to 623.30 yes- terday with activity on the regular board scattered across a few favoured shares. Pharmaceutical firm Dankos Laboratories bounced up to 30,000 rupiah from a start of 26,500 with 46,500 shares traded. Jakarta VolfOO) ABDA 6550 unch Aqua
        493 words
      • Article
        BOMBAY
        205 22 THE Bombay Stock Exchange index's upward march was halted yesterday for the first time in two weeks by scattered profit-taking, brokers said. They said the market opened lower after carry-forward charges were fixed sharply higher at 28 per cent, up from 15 per cent for business done in the
        205 words
      • Article
        Untitled
        600 22 Bangkok JULY 6 Baht VotCOO) Aluoon Manufact 696 17 American Standi Asia Credit 178 -2 6584 Asia Hotd 166 10 190 Asia Sec. Tradi 115 1 ***** Ayudhya Imuran 807 16 25 Ayudhya Inveatm 158 -3 2412 Ayudhya Life As 513 10 42 Bangkok Bank 333 14 892 Bangkok Bank
        600 words
  • Page 22 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon British pound expected to continue rising in Tokyo
      312 23 Reuter IT MAY BE a case of the higher it climbs, the harder it will fall, but the British pound was nonetheless soaring in Tokyo yesterday. Tokyo foreign exchange dealers said sterling is expected to rise even higher against major currencies over
      Reuter  -  312 words
    • Article
      US dollar weakens on Mulford's support for stronger yen
      732 23 FOREX MARKET REPORTS THE US DOLLAR yesterday closed one yen lower than its New York close on selling triggered by comments made by a US Treasury official who spoke in favour of a stronger yen. "Bearish dollar sentiment looks strong, especially
      732 words
    • Article
      INTERBANK FOREX RATES
      398 23 Cross rates July 9 I USS SS MS Dm Yen SFr AS NZS USS 1.8285 2.7050 1.6525 151.35 0.5568 1.3990 1.2547 1.6935 S$ 0.5469 1.4794 0.9037 0.8277 0.3045 0.7651 0.6862 0.9262 MS 0.3697 67.60 0.6109 0.5595 0.2058 0.5172 0.4638 0.6261 Dm 0.6051 1.1065 1.6369 91.59 0.3369 0.8466
      398 words
    • Article
      MONEY MARKET
      574 23 Interbank rates S$ Bid Offer Overnight 7 1/2 7 5/8 1-month 7 13/16 7 IV16 2-month 7 13/16 7 15/16 3-month 7 3/4 7 7/8 Overnight mode: 7-5/8 LSI Bid Offer 7 days 8 5/16 8 7/16 1 month 8 1/4 8 3/8 2 months 8 1/4 8
      574 words
    • Article
      Lock icon Swiss to keep tight monetary policy
      342 23 Reuter THE Swiss National Bank (SNB) will stick to its restrictive monetary policy at least until late autumn despite an apparent easing in Swiss inflation, said SNB president Markus Lusser. Asked if the worst was over in the fight against inflation, he told the
      Reuter  -  342 words
    • Article
      FINANCIAL FUTURES
      1533 23 SIMEX nfftffftttiftw I i J j 1 i i i Open High Low Sett Eat Vol Op/Int Vol Sep 90 91.69 91.69 91.68 91.69 4197 ***** ***** Dec 90 91.69 91.69 91.66 91.67 2179 8149 4245 Mar 91 91.68 91.69 91.66 91.67 473 2829 97S Jun 91 91.54
      1,533 words
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  • COMMODITIES
    • Article
      Lock icon Work likely to resume at Bukit Besi mine by end of 1991
      332 24 Bernama THE BUKIT BESI iron mine near Dungun, closed 20 years ago, is expected to resume operations by the end of next year, Trengganu Menteri Besar Tan Sri Haji Wan Mokhtar Ahmad said last Sunday. Speaking in Kuala
      Bernama  -  332 words
    • Article
      Lock icon Inro raises M$ 100m to fund buffer stock
      256 24 Reuter THE International Natural Rubber Organisation (Inro) has made a cash call of MS 100 million from 24 member nations to finance its buffer stock operations, Inro officials said. This brings to MS 170 million its buffer stock funds, including the Ms7o
      Reuter  -  256 words
    • Article
      Lock icon Kuwait on bigger oil quota
      127 24 Reuter KUWAIT will not drop its demand for a bigger output quota but can be flexible if priorities change, said Oil Minister Rashid Salem al-A-meeri in remarks published by Kuwaiti newspaper AlQabas yesterday. He gave no details. Al-Qabas said Mr Ameeri, appointed last month, was
      Reuter  -  127 words
    • Article
      Tin falls to three-year low in Malaysia
      824 24 REPORTS THE PRICE of tin slipped to a three-and-a-half year low at MSIS.7B per kg on the Kuala Lumpur Tin Market yesterday on selling pressure. The 18-sen drop from last Friday's level was attributed to buyers 1 reluctance to commit themselves as they
      824 words
    • Article
      PRICES
      1303 24 Rubber jmy9 MS (h» !■>*»> Sccna/fcg Noon Clote Int I RSS Prompt 155 50/IS6.50N I54.7VIS5.75N Inl I RSS Aug 90 156.50/157.00 I55.7VI56.25N Int I RSS Sep 158.00/158.50 157.00/157. SON Int 2 RSS OP I53.50/I55.50N 153.00/155.00N Int 3 RSS OP 149.00/151.00N I4S.3<VIS0.S0N Int 4 RSS OP 145 00/147 OON 144.50/I46.50N
      1,303 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      480 24 NOTICES Focal Finance Focal Finance Limited Incorporated in Singapore (A Member of the OCBC Group) ANNOUNCEMENT Pursuant to Artide 32(4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as at the end of the second quarter of 1990, beneficial
      480 words
    • Advertisement
      Page 24 Advertisements Column 2
      461 24 OFFICIAL NOTICE PBOPOOAL TO CHANGE A OTP* NAME We, PACIFIC INTERNATIONAL LINEB (PRIVATE) LIMITED, Of 140 Cecil Street, #08-00, PIL Building, Singapore 0106, hereby give notice that In consequence of our Intended purchase, we have applied to The Registrar of Singapore Ships under Section 386 of The Merchant Shipping Act
      461 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1083 25 aty FlgM ETA FVgM ETD City Flight ETA FNgM ETD Afcu DhaU GA893 1045 GA892 GA886 GA974 3010 3010 2359 Kuala Lumpur MH640 MH630 SQ103 MH605 0810 0930 0950 1020 SQ102 MH604 SQ104 0730 0700 0830 SQ226 2035 QF82 2200 SQ105 1050 MH670 0950 GA893 KL837
    1,083 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The soul of American country music
      620 25  -  LETTER FROM NASHVILLE By Neville Slack WHAT had Elvis Presley and Dolly Parton got in common? (Apart from looking as though they were made out of toffee). Why, they are both graduates of the University of Shudders, the Taj Mahal of Tat, the place
      620 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4530 1.4730 Canadian dollar 1.5570 1.5770 NZ dollar 1.0650 1.0950 Sterling pound 3.2700 3.300 US dollar 1.8175 1.8275 liOcal dollars to 100 units of foreign currency Austrian schilling 15.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      87 25 Duration Title Venue Organiser Td July 12Properly Financing Hilton Air 03-*****43 13 Kuala Conference Lumpur July 12 Effective Marketing Hilton AIC 03-*****43 Strategics In The Hotel Conference <JOs Fix Banks Jakarta Non-Bank Financial Institutions Duration Title Venue Organiser Td July 24 How To Profit From Hyatt AIC
      87 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      45 25 [hi. ptr»i>n'« cur\ likmljx. r>X I T I luitml.u Vituril.u imi h.»ngi I II II \irp«>rt it 'Mi h.<ur» it M. JL. J M J I lnti.ru.itixn.il \irpi'rt thi t.'llowmi; iln A I', i; I- \I <> I Ki; I: >11 A 11; VTV Air Canada
      45 words
    • Advertisement
      Page 25 Advertisements Column 2
      70 25 SINGAPORE BUSINESS MCI(P)I3/B'B9 VOL 14 NO 7 JULY 199 C MONTHLY $4 markets and new technology Available at your local newsstands and at all Times The Bookshops outlets: Centrepoint, Plaza Singapura, Raffles City, Specialists* Centre Basement, Lucky Plaza, United Square, Marina Square, DBS Shenton Way, Wisma Atria, OUB Centre. Holland
      70 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      314 25 1 Proved successful, but stay on 5 Schoolboys crying over their errors? (7) 9 Report a ranter broadcast 10 Distance from main road 11 I I I I I to Held and back for exam11 Cut by 5 down, a person ——■B—— forever thinking of duty I I is about
      314 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      221 25 Singapore Outlook: Showers over a few areas between midnight and 3am and over several areas in the late morning and early afternoon. Report: Max temp. s3l.9*C Assoc humidity 69% Min temp 24.6"C Assoc humidity 100% Hrs of sunshine 5.20 Rainfall in mm Trace Rainfall this mth 44.9 Rainy days this
      221 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      16 25 <W-B«eW PumPIHG 1R0N... fudpi I HooJ OMJ Tue HIGH SIMS?HePIUH CLUfi < EVENING STANDARD CO. LTD.. IM2-IMO
      16 words
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  • Article
    Singapore's ties with China likely to be discussed
    418 26  -  BG Lee's visit to Indonesia From Genevieve Cua in JAKARTA THE NORMALISATION of ties between Singapore and China is likely to be discussed when Singapore's Trade and Industry Minister meets President Suharto today. Brigadier-General (Res) Lee Hsien Loong, who arrives in Jakarta
    418 words
  • Article
    Forum to foster closer ties between private, public sectors
    257 26  -  From William Chia in JAKARTA THE INDONESIAN government, which wants the private sector to play a key role in its economic deregulation programme, recognises the need for closer interaction between the two sectors. Mr Tanri Abeng, chairman of the Indonesia Forum,
    257 words
  • Article
    Hotelier Teo buys Merlin Malacca
    411 26  -  By Elaine Koh HOTELIER Teo Lay Swee, who recently made an unsuccessful bid to sell his Duke Hotel in Singapore, has ventured into the Malaysian hotel industry with the purchase of the Merlin Malacca for M 533.5 million. The 27-storey hotel, which Mr Teo said
    411 words
  • Article
    Lock icon Ford puts off plan for Philippine stereo plant
    189 26 Reuter FORD MOTOR Co has set aside plans to build a US$l5O million car stereo plant in the Philippines because of fears about political stability and security. Philippine Trade and Industry Secretary Jose Concepcion said in Manila yesterday that Ford was now
    Reuter  -  189 words
  • Article
    Lock icon Poor showing by China's state industries
    383 26 AP AFTER MONTHS of upbeat reports on economic recovery, the Chinese government yesterday released grim figures for the first six months of this year that showed a particularly poor performance by state-owned industries. Finance Minister Wang Bingqian, speaking at the opening of the National
    AP  -  383 words
  • Article
    Lock icon Aquino lauds US-Singapore talks on military facilities
    313 26 AFP NST PHILIPPINE President Corazon Aquino yesterday welcomed ongoing talks between Washington and Singapore on the latter's offer of some facilities to the US, and urged other South-east Asian countries to say whether they would co-host American forces. "We have always said we
    AFP; NST  -  313 words
  • Article
    Lock icon Western aid to Moscow will help both sides: Shev
    293 26 AP Reuter SOVIET Foreign Minister Eduard Shevardnadze said yesterday that Western aid to the Soviet Union will be advantageous both for his country and donor nations. Mr Shevardnadze made the statement as the leaders of the world's seven richest countries convened
    AP; Reuter  -  293 words
  • Article, Illustration
    Robin Hood tactics aren't desirable today
    697 26  -  The Bottom Line CONRAD RAJ CONRAD RAJ The writer is a senior correspondent with BT THE SINGAPORE we know today would probably have taken much longer and cost much more to develop had it not been for the Land Acquisition Act which gives the
    697 words
  • Article
    Dr M reassures non-Muslims on govt's Islamic policy
    256 26  -  By David Chew THE MALAYSIAN Prime Minister, Datuk Seri Dr Mahathir Mohamad, has once again reassured the country's non-Muslims, which comprise 45 per cent of the population, that the assimilation of Islamic values into Malaysia's administration does not mean that the government
    256 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      55 26 PiageT JOAIUJER ENimUXiFMIE UEIIJIS 1H74 GENEVE FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax, copier, word processing, secretarial services, conference room, answering service, long short term lease vou name it! Your inspection enquiries welcome WORLD WIDE BUSINESS CENTRES (S) PTE LTD 1104 06
      55 words
    • Advertisement
      Page 26 Advertisements Column 2
      105 26 PrgeT /OAILUER EN HORLOGERIEDEPUISIB74 GENfVE Ming hospitality. It stays with your clients. jPSpga Some memorable things have a way of staying with your clients impeccable services we provide at our Executive Suite and rooms on the Taipan floor to the cool dip in our rooftop pool. It's a warm welcome
      105 words
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  • Shipping Times
    • Article
      W&T, MISC to jointly operate inland box depot
      360 27  -  By Rahita Elias STEAMERS Maritime Holdings' subsidary Warehousing and Transportation (W&T) has joined hands with shipping line Malaysian International Shipping Corporation (MISC) to operate an inland container depot in Singapore. An initial capital investment of some $20 million will be made by
      360 words
    • Article, Illustration
      Lock icon Shipbuilding orders for Seoul triple
      167 27 Reuter NEW overseas orders won by South Korean shipyards nearly tripled to 4.4 million gross tons in the first half of this year from 1.7 million a year earlier, officials of the Korea Shipbuilders' Association said. The new orders by South Korean yards, including Daewoo
      Reuter  -  167 words
    • Article
      Lock icon PIA may delay plan to buy aircraft
      183 27 Reuter PLANS by Pakistan International Airlines (PIA) to buy five new aircraft may be further delayed following changes in its top management, said a senior PIA official in Karachi. PIA planned to order the new planes in June, but it postponed the move
      Reuter  -  183 words
    • Article
      TNT Skypak plans to expand southwards in Thailand
      290 27 TNT Skypak International (Thailand) Co, a subsidiary of Australia's TNT Ltd, plans to expand its courier operations to Thailand's southern provinces. Managing director Stuart Jarvis told the Bangkok Post that the company was thinking of setting up a provincial network in Phuket,
      290 words
    • Article
      Lock icon Exxon Valdez to be deployed overseas
      269 27 Reuter EXXON Corp unit Exxon Shipping Co said its supertanker, the Exxon Valdez, which caused the worst oil spill ever in the United States, will be put into service in the Mediterranean or Middle East in mid-August. The vessel will be renamed the Exxon
      Reuter  -  269 words
    • Article
      Klang's Northport depots accorded FEFC status
      412 27  -  By Othman Abu Bakar THE NORTHPORT Container Terminal (NCT) depots in Port Klang, which are in their sixth month of operation, have recently been accredited by the Far Eastern Freight Conference (FEFC) as an off-dock container storage facility. The NCT, which is preparing to
      412 words
    • Article
      Thai study sees need for new airport at Nong Ngu Hao
      228 27 A STUDY on Thailand's Don Muang international airport has concluded that a new airport at Nong Ngu Hao must be built. The study, undertaken by the country's Aviation Department jointly with Thai Airways International and Louis Berger Co of
      228 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        New charges on N America-Japan cargo
        97 28 MEMBER shipping lines of the Transpacific Westbound Rate Agreement (TWRA) have introduced a new Japan Harbour Fund Management Surcharge on cargo moving from North America to Japan. The new charges are intended to partially offset assessments collected from carriers for the Japan Harbour Transportation
        97 words
      • Article
        British Rail moves into the red
        94 28 BRITISH RAIL has reported its first operating loss in five years as profits from Railfreight operations dropped £10 million (US$l6.9 million) for the year. The one-day strikes last summer resulted in a group loss of £26.4 million on ordinary activities for the year to
        94 words
      • Article
        UK reopens Titanic inquiry
        141 28 BRITAIN is reopening a 1912 investigation into whether the 1,500 people who went down with the Titanic could have been saved by a ship alleged to have stood by as the liner sank, the Daily Telegraph said yesterday. "We are not in the business of writing
        141 words
      • Article
        The Japanese challenge
        63 28 AUSTRALIA's three transportation conglomerates TNT. Brambles and Mayne Nickles are likely to face competition from Japan. Already Nippon Yusen a Mitsubishi subsidiary and Nippon Express a unit of Dai-Ichi Kangyo Bank are in the process of acquiring warehouse space and cementing deals with independent trucking companies. The
        63 words
      • Article
        Sabena head seriously ill
        107 28 THE PRESIDENT of Belgian airline Sabena, Carlos van Raffelghem, is seriously ill after suffering a brain haemorrhage, a hospital spokesman said. Mr van Raffelghem, 64, suffered the attack last Wednesday and is in intensive care at a hospital just outside Brussels. Mr van Raffelghem, who is
        107 words
    • Article, Illustration
      Lock icon Wobbly flotation
      1012 28  -  State-owned Philippine Airlines is among hundreds of government assets lined up tor privatisation. But, reports Steve Glain, the move to privatise the carrier has been clouded by accusations against 22 of its officials for being involved in irregular business practices, and by a heavy debt buraen. Steve Glain
      IHT  -  1,012 words
    • Article
      Manila gears up for surge in cargo traffic
      328 28  -  By Al O Labita ASIA's anticipated surge in cargo traffic in the 1990s has spurred the Philippines to "fast-track" the implementation of its infrastructure projects. Later this year, three major facilities are expected to take shape part of Manila's efforts to capture
      328 words
    • Article
      TRANSPORT DIARY
      952 28 May 24-Joly 26: International Freight Forwarding I, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no: *****5 (for members only). July 9-20: Management Operations of a Breakbulk Terminal course organised by Singapore Port Institute (SPI). For more details
      952 words
    • Article
      THE SHIPPING GUIDE
      12150 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
      12,150 words
    • Article
      SHIPPING AGENTS
      3365 41 BC Containeriine NV: Belsin Shpg Agencies Pte Ud (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg A Trdg Pte Ud (S) Ahrenkiei Uner Service: Kim Shpg
      3,365 words
    • Article
      COURIER SERVICES
      216 41 Abacus Courier* Tel: 545-8011,448-6415. Air Express Service Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Td: 542-8844. Fax: *****16, *****80 City-Unk International Td: 344-3377. Fax: *****50 Cluster Liak Supplies A Services Td: 296-5720. DHL International Td: 344-8911.Fax: *****61. DPE Courier Td: 284-6611 (7 lines). Fax: *****88. Enwry Worldwide Td:
      216 words
    • Article
      AIR FORWARDERS
      1474 41 Abex Express Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. Acttak Singapore Td: 542-7822" Fax: *****20. Aeroliak KG Freight International Td: 545-5992. Td: U 542-59l I. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express laternatioaal Td: 542-7666. Fax: *****74, *****50. Air
      1,474 words
    • Article
      PORT CONDITIONS
      2379 42 ANGOLA Five vessels berthed of which I reefer, 1 bulker, 2 general, I bunker, remaining 7 highsea berths occupied by cabotage vessels; no vessels anchored, IS due by July 20. Soyo: One freighter operating mid stream; no vessels berthed/anchored; 5 vessels due by July 22. ARGENTINA Labour Tug-boat
      2,379 words
    • Article
      AIR FREIGHT SCHEDULE
      522 42 ARRIVALS DEPARTURES Op Fli«ht Type ETA Fnw Op FMgfct Type ETD T» TODAY TOOAY KAL KE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL6I7 B747F 0345 TYO ORD/LCK/ CLX CV7972 B747F 2115 LUX/DXB/KUL BOS SIA SQ802 B747F 0230 SYD/AKL
      522 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      496 42 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLO FOR FURTHER TRADING B.JL 1 Dilill cirncn Jovian Luzon: 22,713 dwt and built 1982, sold to Japanese buyers for around US$B.2 million. Vaa Gogh: 15.254 dwt and built 1976, sold for about U554.25 million. Mar Reiaa: 68,330 dwt, sold to Chinese interests
      Reuter; AFP  -  496 words
    • Article
      CRUISE & FERRY SCHEDULES
      338 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep N«t of Vwel ETA FTP Port Aft Porti Caii AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-Fremantle-Jakaita-Kobe 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to nowhere SEPTEMBER 01 01 Andaman Princess 1300 1900 Andaman Cruise Sin-Bangkok 07 07
      338 words
    • SHIPS IN PORT
      • Article
        DAILY FREIGHTS
        705 43 THE FREIGHT market ended the week with active time-chartering and confirmation of Thursday's easier grain fixing, brokers said. Details emerged that grain had been secured from the US North Pacific to Taiwan and South Korea at US$lO and USS9 respectively, compared with USSII.2S and US$9.5O previously. Unconfirmed talk
        705 words
      • Article
        AT CONVENTIONAL WHARVES
        500 43 VhmI 1m Hi B*fi fciM lUppd Wk fbfit Oamfc 21VWB K29 atongstoe 10.07/1200 1/90 K17 alonpjde 09.07/1800 Eastern Gl 19E/90 K18 alongstoe 09.07/1700 Fred Spore Harfwng 2m K31 alongside 10.07/2300 9004 K33 atongstoe 13.07/0600 Ksar 0 BnA 2/90 K34 iwpiil 11.07/1500 laksana 2 1 K30 alongside 10.07/1200
        500 words
      • Article
        CONTAINER SCHEDULE
        1272 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Boott*/Babnct Mb SNp Voy No Pwiod Fran To Fran P ft DtaM Spac* to )ede 3A 4 10/1200 10/1459 10/1700 to lota IB 2 09/1700 10/0669 10/0900 3 10/0700 10/1159 10/1400 4 10/1200 10/1459 10/1700 Anro Mmm ***** 1
        1,272 words
      • Article
        IN MALAYSIAN PORTS
        354 43 Nrt nmg Smli Port on My 9: Seng Leong berth 2; Hong Hing berth 4; Jemmn berth 7; Swee Ann Satu berth 7A; Southern Princess berth Jetty ECT. KCT: fata Machan berth 8; Uni Moral berth 9; Bunga Serosa berth 10; Thana Bhum, bnerth 10. Ihrth Part
        354 words
    • Article
      Lock icon Plan to end subsidies shocks German yards
      363 44 Lloyd's List THE FEDERAL government in Bonn has stunned West German shipbuilders by announcing plans to end this year subsidies designed to make its industry more competitive. The aid programme has provided a maximum 12.5 per cent assistance of the newbuilding price, and
      Lloyd's List  -  363 words
    • Article
      Lock icon KLM team to find ways to cut costs
      70 44 Reuter KLM ROYAL DUTCH Airlines has appointed a six-man team to investigate ways in which the company could cut costs to remain competitive. KLM spokesman Peter Welhuener said in Amsterdam on Sunday that the team would be assisted by external advisers from
      Reuter  -  70 words
    • Article
      V Ships goes into financing
      266 44 MONACO-BASED shipmanager V Ships has joined forces with a specialist Swiss consultant to establish French company Vita Marine Financial Services Ltd. The new shipping financial services company aims to raise debt finance for shipping projects as an intermediary, said a Fairplay report. Arnoult Gauthier, until
      266 words
    • Article, Illustration
      Lock icon 'India's Airbus move a political one'
      450 44 AFP INDIA'S recent decision to resume flying Airbus A-320s reversed "what now appears to have been a political move by the present government to embarrass the previous one", the Times of India said in an editorial. The editorial last week noted the grounding had
      AFP  -  450 words
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      186 27 aSWEE HENG METAL CO PIE LID in tuab Avt 14, «MQAf>o*E au met m mra ttmtc*. TEL: Ml 5155 <s *»m) trifu mi mm ***>+« wf<iwf,at to*** 1 fO< MB 'caitmnm Imnlfn «nd SM"» anmsH dwqn nnovation oewmaw ouautv mawmnwiQ A* Forwarder* 15 A* Fn#t Schedule K Contaner Schedule z
      186 words
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      277 28 m,\ Intake Duration 1. Advanced Certificate in Shipping Management 3rd ltolhs 2. Certificate in Shipping Practice sth 2 ml J" ■|li; 3. Certificate in Shipping Mjmagement 3th 4. Certificate in Import and Export Management 1 st 3mths ■ll&y 5. Certificate in Shipping Law 2nd 2 mt 6. Certificate in Shipping
      277 words
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      1577 29 1 cu.pwff irrairirt 200 Cantonment Road #12 OS Southpotnt, Singapore 0208 \llVfr *****11 TELEX NO RS ■lIIIIM TERMINAL/CFS Tel *****18 220 rftSmn BOOKINGS Tel *****34 23S L vOCCf J PESAKA JARDINE SHIPPING AG£NCIES SON BHO PORT KELANG TEL *****18 TELEX NO MA*****/MA***** x PENANG TEL *****4 TELEX NO MA***** CFS
      1,577 words
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      1016 29 INDEX I TOfIjjVEJffISERS Page Col Page Col I A Macolinc 18 2/3 I M ~1 «Maersk Line 3 4/5 ABCConuineriine 13 5 SC C k r 'o \n Accord Shpg >-3 JJ forp g Albatros Sea-Air 14 5 Mendelssohn 5 /2 APC Line 14 4 »MOL 18 1/2 JpL 5
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      1631 29 Vtu#i Voy ETA I ETO 'Port *P«a«og 1 DESTINATIONS Singapore Kelsng Th» «M> MaaftlMe M 9006 Closing Tin* r*» by CY 10/7 0400 MRS M Fsrco 4 _VTHOOMRS M Tsuro OAK LQB HOO MEM ATL MIA CHS SAL PHL WYC MOM TOW MATHK.DE M 9006 Im Pt |Tu7 fiw »7
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      1189 30 m M H v V M HH H f fl H I w v HH^| n I VAI lij 13 *^K1 3 ?Afl IH 2^l |VllHwl II mmllll i| f U ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KASUGA 10/580 12/7 6/8 31/7 2/8
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      492 30 iSEViS^ViIF^ DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT BANGLAR MOOKH 16/7 30/7 6/8 IRINI 27/7 12/8 18 8 ALSO ACCEPTING CARGO VIA iuVA TO: LAUTOKA, PAGO PAfiO, APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP> BANGLAR MOOKH 16/7 22/8 23/8 27/8 IRINI 27/7 31/8 l/ 9 5/9| Alao
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      1335 30 El MmaukaMM sunt* REGULAR tM DEPENDENT FULL CONTAINER SEHVICg WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LMA 2$ ARABIAN SEALS' 3 20/07 U/07 S3 12/08 16$ 17/08 IMB 20/08 Zlj! NORASIA SHARJAH 9021-3 27-07 31/07 10/08 19/08 22,-08 2*oB 2MB 24« 27£6 29« J
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      1732 31 cupping iiiucn, mrsunjf «iujr w i»" Maritime Holdings Ltd > I> jP,n fIFIW STRAITS SHIPPING rwU 3 Tliidih t> MM EM RMaytia, TOk Containers BUB My No P.KIMg Spar* S ton H'hurf a htmß dM L»h ACCEPTS DUE SAILS KASUCAI I*SBB iw OW Ilff M 3W M CARGO US SS
      1,732 words
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      1561 31 TO: EUROPE TO: FAR EAST SP LM ROM HAM B'HVN FIX SPORE HK RAO KOB BU HANJIN LEHARVE OOtW UP U» 2* V* M HAN JIN FELIXSTOWE OU3W 21/7 l/S M 100 120 13/1 CMOYAMC SUCCESS MK 3*7 24 34 W «4 CHOYANC PARK OOTW 3/7 150 114 174 1M
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      331 31 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION ASEAN ASIAN AMBALIKA TRADER TRADER CLIPPER VOY. NO 10 3 125 57 •Spore 17/7 22/7 23/7 31/7 P. Kalang 24/7 26/7 2/1 Penang 21/7 Hoof Kong Yokohama Nagoya 11/B—ls/1 Osaka 13/1 9/8 13/1 Swboku 9/8 Kashima Hochiminh •For Discharging Only NOTE: ALSO CALLING
      331 words
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      579 32 MMWIIIII J^l II ■""IP,- CR NBR **********0-0 EXPRESS SEMI-CONTAINERSNIP SERVICE VSLJVOY SPOKE ft'OAM/ H'BURC BREMEN ANTWERP A OAM samuAYA/am 1%-nn a* w» a* i/» S. PANJANG/KWB ap-WI 27* Jl* KUTAt/mn »jg iv» u/» n/» »Ji FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Bub|Kl to Moment Afcoaooaplno cargo to Caaabtanca, tot
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      784 32 I^HANTINSHIPPING FULL CONTAINER SERVICE I=l LtHjvr. R dam H'burt S'hivM F.tow. FEEDER VSL I SIN LINE HAUL LAX OAK ITT lfl W M H 2» HANJIN OAKLAND OK 11/7 H KUNSAN OME 17/1 1M 21/7 I W 9/t 101 121 l 5» CHOYANG SUCCESS OME M/ 7 H POHANG IKE
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      1434 32 1J I.T-J-l —1 -TriMf: i—M mJ i L W IMII M IPU W NKC UC UC n» NKT (W wno Ml «rc LIN Ml mFUHK KP I EVER GROWTH 14/7 17/7 2V7 21/7 27/7 2/1 SIN 11/1 12N I*l I*l M/l WM MR 601 we «/72V7WJ*7*«-----7/llfll7/»-l*IMfl!l/»I® IVIR GIFT 10 IU
      1,434 words
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      1455 33 Shipping Times, Tuesday Jaly II U* r NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****022 DOCUMENTATION DEPT: *****44/ *****14 JIV CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 K.MO3) E 26U03^
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      1145 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 (k&jULAft DISCHARGING FROM LAST BOUND LOADING FOR WESTBOUND vrreit »QTAg |srat |mahila Mnom votact spore mum hrurg r-havpi tilbury rqtt Antwerp K KOILOVSKIT M* SM
      1,145 words
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      1401 34 /"K'line KAWASAKI KISEN KAISHA. LTD. export n. America pactf-ic south-west [Import n. America pacific south.west ~~7 [TtEDtIMfSSU WY -I*oo -W/PHS SGP MOTHER YESSEL YOY LB 18 OAR TRY FtFDEI KSStL YOY TUT I SCP I B I MEOITERRANEA 04 12/7 13/7 14/7 MANHATTAN BRIDGE I VI II 31 12/1 if
      1,401 words
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      1050 34 PHILI-ORIENT LINES PTE LTD $8:1 (The Complete NVOCC Package) JULY MONTREAL OTTAWA, TORONTO, VANCOUVER, S"WESTERN ONTARIO. I V JULV SWMSft "*w* if mi v SEKiL BAHRAIN ABU OHABI REGINA, SASKATOON, 13 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON PENTICTON 13 JULY COLOMBO, KARACHI, BOMBAY, AND ALL INLAND DESTINATIONS I 14
      1,050 words
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      1452 35 PACIFIC INTERNATIONAL LINES (PTE) LTD gj Ml PIL Building, 140 Cecil Street iHttOO, Singapore 0106. IMMW. 1 BAwaKOK VESSEL VOV SIN JKT SM VESSEL VOV SIN SICK SM «,io« SMI IV7 18/7 M/ 7 KOTA NAOA lON 14/7 17/7 21/7 --KOTA MELATI IMS 14/7 18/7 18/7 PEGASUS PROGRESS SMN 14/7
      1,452 words
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      1053 35 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax- *****63^^ Singapore 0208. Telex: RS ***** gjpjjj |VQV SPORE P.KLANG SHAMPTON HAMBURG B'HAVEN ffDAM LHAVRE Kasuga r 10/580 12/7 2/8 "J Totaga Bay+ 10/584 15/7 Via Ban 1/8 */8 6/8 Cardigan Bay 96/583 19/7 13/8 7/8 9/8
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      250 35 MYANMA V* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spof P.lUtanf P*n PAGAN VISI iP JUL HP A-AM VIS» MP )Ut MEIICUI VUM 21/27 JUL MYOMA TWA VUM 2WI JUt ■g* THE BANK LINE (A Mrvtct ot Andrew Wtk Shipping) WT~ SI Ml-CONTAINER SERVICE HEAVY LIFT CARAMIIITV
      250 words
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      850 38 u^§pysiiK) INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN ax MV ROM ANT HBG RST ATLANTIC SEN VMS 14/7 10 7/» 10 PIECX v* iyT 130 120 140 150 PARIS SEN «na iw m uimicmt im yi w is/1 an TO EAST MEDITERRANEAN
      850 words
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      1320 38 CRYSTAL FREIGHT <crs> SERVICES PTE LTD v TEL: *****44/*****22 iw twieeiiiMi hip it FAR EAST PORT KELANQ 13/7 20/7 MANILA 15/7 22/7 PENANG 13/7 20/7 BUSAN 12/7 18/7 BANGKOK 12/7 18/7 TOKYO 12/7 19/7 HONG KONG 13/7 17/7 YOKOHAMA 12/7 19/7 KAOHSIUNG 15/7 A 22/7 KOBE 12/7 19/7 KEELUNG 15/7
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      Page 38 Advertisements Column 3
      161 38 I«*si im I ML WY IHtfOK/mim/WIIAW —n VESSEL VOY SIN MAA SIN I TIGER RIVER 119N 14-14* 20-21/07 77 20* I ilovik um mb* xv m «-oa* I TIGER RIVER 121N 27 21*7 10-N/M IA-ILU I V«L VOY tWOqAPONE/CALCUTTA/WaOQAPOW J VESSEL VOY SIN CAL SIN I SUSAK rem In PI
      161 words
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      1264 38 tea IH i£. #f 4*" l*J6a cScr CHINA OCEAN SHIPPING COMPANY 2, MtSTRI ROAD, KMC BUILDING .rm TEL: Z*****0 #15-00. Singapore 0207 FULL CONTAINER LINER SERVICE tilex: rs an coship CR NO: *****M0M1 r FAX; 2MM General Agents: CONTAK OHM WW LIB c t: cos7t,u c VESSEI/VOT fU BOT NAB
      1,264 words
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      380 39 CALCUTTA DIRECT SIN CAL SUSAK 97 CNB 10/7 16/7 TIGER CREEK 98 CNB 13/7 19/7 SUSAK 99 CNB 24/7 1/8 TIGER CREEK 100 CNB 30/7 6/8 4 (Conventional Service) ETA S'POftC LOADING FOR BANGLAR KALLOt 15/7 CTG, MONGLA BANGLAR PROOOTI M/ 7 S. KOREA. JAPAN FAR EAST/ME DITERRANENAN SERVICE ETA
      380 words
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      Page 39 Advertisements Column 2
      558 39 SSiniCHßffnSAßlN^SSElf^S^f^^' Sf TEL: *****33 (12 Unas) m FAX: *****15/*****03 txj TELEX: RS ***** RISHIP (3 Lines) ir#A ETHIOPIAN SHIPPING LINK r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA ILOAOINO FOR SPORE ABBAY WOHZ 25W8 M/ 08 DARESSALAAM. MOMBASA DJIBOUTI ASSAB. MASSAWA. HOOEIOAH A NONET 20YYB IVOS
      558 words
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      Page 39 Advertisements Column 3
      781 39 maskapai pelayaran WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WKKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OrTPORE, INDONESIA, MALAYSIA i THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONMW SERVICE VSL VOY SIN JKT PAJ SIN WASPADA 31S
      781 words
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      Page 39 Advertisements Column 4
      679 39 BANGKOK MANILA/CEBU [wwr Iwy —iwMwiit kmwmk |Wwbi [ww" yppii'l cm NANA BHUM# 17N 11/7 Sat 14/7 AHA MUM Ml I*7 I*7 21/7 MEKHAWIK KURAKO 17N Thur 12/7 Sur U/7 y, MICNT 2*7 2*7 SIRI WUMj 4SSN Frl I*7 I*7 m WUIt 3B W 2M tM~~ mAWtu «2 m —w —*i
      679 words
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      Page 39 Advertisements Column 5
      325 39 Wsa POSEIDON CONTAINER SCAN. TRANSPORT GMBH HAMBURG v SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA A TRANSSIBERIA SERVICES I ACCEPT TO AFROS INLAND DESTINATIONS 4 CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SIN 11/7 22/7 25/7 1/8 (VIA ILYICHEVSK) IRAN Djulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) EASTERN/CENTRAL FAR EAST EUROPEAN
      325 words
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      1125 40 UMAC-NELS SINBAPOREfSwr TIL gigg «rr HL aire! mAI PENANG TEL: (04) *****6 KK ■TEL: (088) *****0 TAWAU TEL: (089} *****9' KELANG TEL: (03) *****77 tuCHING 1 TEL: (082) *****3 SKAN TEL: (089) *****2 I 2f\:r/\- Hi BAHRU TEL: (07) *****2 ISIBU TEL: (084) *****2 LABUAN TEL: (087) *****91 v— l\y
      1,125 words
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      Page 40 Advertisements Column 2
      490 40 ffCfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH A PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRI9TCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AUCK LYT MANDAMA 0571 14 Jul »M Wa Jlft
      490 words
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      Page 40 Advertisements Column 3
      1043 40 #M 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 UNES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO BABAH IBUBL |WT |m |BgT WT til WT KIM SOON LI 28/90E 14 JUL
      1,043 words
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      959 43 TIDES AND WEATHER Too»ys TOES (height in metres) HOW MM 01N KM «3M MM OSM am I 7« Mn MOO MM UMI2MI3NI4MISM UMI7NIM ISM Ml an 22M ZM ft 12 11 2.7 2.1 15 LO 16 0.4 14 0.6 1.1 1.7 2.1 2J 2.4 11 1.7 IJ 1.0 0.8 U
      959 words
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      414 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -OR" 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 30/6 INDONESIA
      414 words
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      Page 44 Advertisements Column 2
      616 44 l/HYUNDAII MERCHANT MARINE CO. LTDEASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA CHI FROM PSW LBN OAK SEA HKG SIN lAI ANIMA J3E 12M7 11/07 OOflO 09/06 12/01 11/00 HYUNDAI EXPLORER 31W 04/06 17/06 10/06 21/06 0707 HYUNDAI CHALLENGER 35E 21/07 26/07 13/01 16/01 19«
      616 words
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      Page 44 Advertisements Column 3
      492 44 CHARTPOINT Every Saturday in Business Times iFMferfraai |V* PNCIPKL ISEr Vaad |W VN I LAX I OAK IHOU lOAL ICMI/ I NO* I« NTC CO. mm mnuwiwc in mmm clout vjcm an g m in m m m wm* OUR USA mwu WUWW6 —an allkator wctot V2gu SERVICE CALLS muhhumn
      492 words
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  • SES Supplement '90
    • Article, Illustration
      An investment supermart
      551 45  -  By Amy Balan The GLOBAL equity market is losing much of its shine. Volatility rules the day and the teehnology that brings markets closer to each other also exposes one market to another's weaknesses. Today's investors also face a bewildering choice of financial products. Some, like common
      551 words
    • Article, Illustration
      Maximising your savings
      1047 46  -  Mention savings and many Singaporeans will think of fixed deposits. But there are other ways to put your money to work. If you look for long-term gain, then equities are the best bet, says Gerald Yip Gerald Yip The writer is a Chartered Financial Analyst and is
      1,047 words
    • Article, Illustration
      Singapore: still looking good
      1650 48  -  OUB Securities Pte Ltd examines the Singapore and Malaysian economies OUB Securities Pte Ltd >Wr N THE first quarter of 1990, the •I economy grew by a faster-than- expected 10.1 per cent year-on- year rate. Growth was broad ~JL based with three sectors achieving double-digit growth
      1,650 words
    • Article
      Malaysia: best value in star sectors
      1249 48 MALAYSIA'S 8.5 per cent growth in 1989 (1988:8.7 per cent) was supported mainly by domestic demand at a time when growth of the external sector was moderated by sharply higher imports. Bank Negara has forecast growth of 8.3 per cent in 1990 predicated on
      1,249 words
    • Article
      Six stocks which make super buys
      1480 50  -  DBS Securities selects half a dozen counters which it believes are winners of the future DBS Securities TAKING a purely fundamental view, the local bourse appears to have room for advancement. The market's prospective 1990 and 1991 P/E ratings of 16.6 x and 14.8
      1,480 words
    • Article, Illustration
      Trust units to lead you to riches
      920 50  -  Gan Kim Kok provides facts and figures to show how systematic investment in unit trusts can yield handsome benefits Gan Kim Kok The writer is an executive director of DBS Asset Management UNIT TRUSTS better known as mutual funds in the US are
      920 words
    • Article, Illustration
      Looking beyond the shores of Singapore
      999 52  -  The major investment gains will come from Singapore companies going regional, says" Simon Woods Simon Woods The writer is head of research of BZW-Pacific Union Pte Ltd TWO major limitations to the growth and development of any city state are its geographic and population
      999 words
    • Article, Illustration
      Small is beautiful?
      873 53  -  By David Guest David Guest is director of research at Hoare Govett Securities (Singapore) Pte Ltd IN ANY quality supermarket, products come in a range of sizes. The Sesdaq market is the Singapore investment supermarket's equivalent of small packs, although surprisingly, at bargain prices. The average market
      873 words
    • Article, Illustration
      Boom time again?
      577 53  -  By Renee Blasky Wayne Lau Renee Blasky is a senior investment analyst with Peregrine Securities Singapore. Wayne Lau is a chartered financial analyst and a director of Peregrine Securities in Hongkong. He is based in Singapore. AFTER a long recession, the offshore oil industry is beginning to
      577 words
    • Article, Illustration
      Lock icon Rising business costs a cause for concern
      812 55  -  G K Goh (Stockbrokers) Pte Ltd gives a technical analysis of the market's recent performance G K Goh (Stockbrokers) Pte Ltd Events that can result in awesome consequences often begin in a relatively innocuous manner, the steady erosion of soil that over time
      Source: Investamatic  -  812 words
    • Article, Illustration
      S-E Asia: A region of opportunities
      1220 56  -  Investors cannot afford to overlook the growing South-east Asian economies. William R Ebsworth discovers there is tremendous growth potential especially among companies that serve emerging consumers with high-gratification, low-cost "luxuries' often considered staples in more developed economies. William R Ebsworth The writer is currently
      1,220 words
    • Article, Illustration
      An attractive complement to fixed deposits
      983 59  -  The outlook for the local unit trust industry is brighter than before, but major barriers still remain, writes John Ford John Ford The writer is manager of the investment division of Schroder International Merchant Bankers Ltd. WITH the growing affluence of Singaporeans, more of
      983 words
    • Article
      Look to markets outside S'pore for new buys
      798 60  -  Wayne Lan Mr Lau is a Chartered Financial Analyst and a director of Peregrine Securities Ltd, Hongkong. He is based in Singapore. SINGAPORE warrants have been very profitable. But it is becoming hard to find food Warrants to buy. Stocks are <Jull
      798 words
    • Article, Illustration
      Uncovering covered warrants
      797 60  -  By Lee Yiu Chieng •Ms Lee is a vice-president of CS First Boston (Singapore) Ltd MOST LOCAL investors are familiar with warrants as an investment instrument Put simply, a warrant is an instrument which gives the holder the right to buy a specified number of shares in
      797 words
    • Article, Illustration
      Making sense of financial statements
      1896 61  -  A company's annual report contains a wealth of information for the prospective investor. Liong Kim Gwat, offers tips on how to decipher the data. Liong Kim Gwat The writer is a senior consultant <jf. Ernst and Young Consultants Singapore. THE annual report is one of
      1,896 words
    • Article, Illustration
      An investment that's a sure thing
      1163 62  -  Allen J Pathmarajah examines a no-risk, high-yield form of investment that is available to both the princes and paupers 01 investors Allen J Pathmarajah The writer is a director and general manager of Great Eastern Life Assurance Co Ltd THE primary objective of life
      1,163 words
    • Article, Illustration
      Bright future for futures
      1170 63  -  John McClave charts the growth of managed futures and options funds in the last decade. He also finds out what makes a fund, and the people behind it, tick John Mc Clave The writer is a vice-president of the Refco Group THE GROWTH of managed futures
      1,170 words
    • Article, Illustration
      So you want to invest in property
      1263 64  -  Low Fatt Onn takes a peek at what might just be Singapore's next frontier in real estate investment Low Fatt Onn The writer is executive director of JLWProperty Consultants AS A FOURTH asset class alongside stocks, bonds and equities, real estate has been
      1,263 words
    • Article
      From the trust manager to the unit-holder
      539 64 A PROPERTY unit trust is the pooling of capital funds for investment in real estate. Contributors to the trust receive shares or units, represented by certificates. The property trust allows a small investor with little money or experience to take part in a
      539 words
    • Article, Illustration
      Let bonds and loan stocks work for you
      2475 66  -  By Cynthia Teeng Cynthia Teong is vice-presi-dent at Citicorp's local securities trading and distribution unit THIS ARTICLE is addressed to the class of investors who favour keeping their investments in the local currency but are looking for a more rewarding yet relatively
      2,475 words
    • Article, Illustration
      Investment follies — a drama in three acts
      2108 67  - Investment follies a drama in three acts Banker, fund manager and personal investor Dr Marc Faber, sometimes known as Dr Doom, has seen it all the boom, the bust, and the dust that follows. Here he recalls the tales of greed, and argues a case for cash. By Dr Marc
      2,108 words
    • Article, Illustration
      A short portfolio in gold
      835 68  -  The message is clear. It pays to short gold, especially when you are paid to do so. James See shows how to short Loco-London gold to stay on top James See The writer is a director of Kim Eng Securities IN MY experience, technical indicators
      835 words
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      270 45 LIVING IN STYLE IN THE SUBURBS... VVfSKIH ■L., Discover for yourself the delights of suburban life at cashew \mm fIBQ Heights, Phase 2. pHS MttAf Hff Located off upper Bukit Timah Road, cashew Heights offers t<GEE3 31lS*B »WWi the whole family the most gratifying experience in J§JojLy < m vHSWI.
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      132 45 Investment follies A tale of true greed Page 23 Bonds Neglected opportunities Page 22 Gold A short portfolio Page 24 Insuring your investment When you need it most Page 18 Money in trust Bright outlook Page 15 Systematic plan pays Page 6 Financial statements Making Sense Page 17 Others Uncovering
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      161 46 INVESTING IN SHARES? CALL ST C X v Jr ASK FOR CREDIT PLUS When opportunity knocks you'll want to be It's so easy and convenient to apply for CREDIT ready. Here's where Hong Leong Finance PLUS. Drop by any of our 28 conveniently located and Singapore Finance can help. offices
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      119 46 FOR SUCCESSFUL MANAGEMENT OF YOUR if- M «s»' t< K. l Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and k relevant book reviews. Z l 3* ENTERPRISE fc MANAGEMENT, in Business Times every Moriday, is must reading for H
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      174 47 Does your LanL wave 900 Jlye tlie same time you do• Out of sigkt, out of mind. At 48 centres arounJ tke worlJ How true is it wken you leave kome Stretcking from Australia K But your tank doesn't? To as far as tke UniteJ States. Witk CitiGolJ Priority Services
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      69 48 -tt A <fe- >'••• r v:\ i m**&; W f\-:? r ?;V.-C I >•' >■.' 1 -Jf- >' j -l- I ft v> r v JF y> v k• f «a fy* V A V-,jp ~f v •-.-f §T'& |S v- Ik r jm| >- f J 9^H 1' JBl^!^*
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      133 49 i c ~*s- I 7 4 (I I I I N I '^^c. I*,. »0. r s, P- mß**- %i& M A X- St .-V*.- x-x. j <*S 4s. .&>■ J. i m W ik *i s ;K. I -.n ihnuniM." '.<!> V".''-.- .•><• :.< Jo ><•„: iMp aft jffiaßa
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      221 50 For the Complexities of Investment Research A Simple Solution. Investamatic. A data delivery system uniquely designed to address the exacting demands of professional investment analysis. For those whose investment arena covers the Far East markets, Investamatic equips you with a powerful tool for conducting intensive research and making timely investment
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      313 51 Does HP J you both Visa and MasterCard,) allow you to use our dm X. J 1 I7V J\ money rather than your own, for up to 45 days. Interest Free. In fact, if you need a little more time to repay I a you can opt to pay as
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      400 52 Unit trusts with such impressive performance results are certainly are a good indication of how well DBS Asset Management, the worth a second look. Manager has achieved the Funds objectives. We're talking about Shenton Growth Fund and Shenton Thrift DBS Asset Management is a wholly-owned subsidiary of DBS Fund grew
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      153 53 PIMkMBIWIg^^^KiBi^MffIHWIWIIIiIi^fegyMISLMI _#fc€aLw*> splp *ii^PjWi3RM!*A^^iwlto xnßu v r*,, m VB f i J jCHTfIAfI Rj iAv(iniCvA« >£%X Ti <L P-JjWW i7 fmY*2 7mJtLAx-* M Fasig—Tpior Saratoga Yeanmg Sate Classic lines. Impeccable breeding. Owned by a few. As finely honed as a champion mount. That's the spirit of Saratoga: 11 MAKERS he
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      320 54 I YOU COULD PLANT YOUR DOLLARS TO GROW CITIES OF TOMORROW. '*w"lp<i">"" |ll^wi^lll^BßAß^^^^jMß||^^BiP! l^fe!F''^pi 5 *<Private entrepreneurs into the future Insights that have rEm QJ fj are now contributing contributed to our success. f SmmM 'BP* Ff /JM significant new ideas '^^^^^HHEli■Hfl^^|^•' In investment and in all areas executive am/
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      274 55 I 1 II I I I I z I I I I I I i 1 > t i i i i v I i i I i iBBST J^K II <HRIR 1l jM 'K »ii, jrf.^fflpi® JiVJf jjj| jßp *\f- ■HI. > H |^B i i 1 yE,."--g I
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      60 55 <§> 111 TAT LEE SECURITIES PTE LTD I Member of the Stock Exchange of Singapore Ltd (STOCK A SHARE BROKERS) M 1 I > 1 II 11 1 I 1 a! II: m 1 I j I I I II n I I II B, 63 Market Street, Tat Lee
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      47 56 'With CompCiments of J.M. Sassoon Co Pte Ltd a member of the dassoon group of Companies (Singapore, Hongkong, London) Stock Share Brokers Money Brokers Futures Brokers Custodian Clearing Services 1 Raffles Place #44-00 OUB Centre Singapore 0104. Tel: *****88 Fax: *****56 Tlx: ***** RS ***** Cable: SASSMAC
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      207 57 v V v^^H ■Am v ly^B^i^i The rather awesome-looking beast down below was the first Japanese car to win the prestigious RAC Rally of Britain. It also took the honours in the staggeringly tough Rally of 1000 Lakes. Now, we're not suggesting for a moment that it's the ideal thing
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      825 58 ADVERTISEMENT HEWLETT-PACKARD MAKES FINANCIAL HISTORY IN SINGAPORE. r. 1I: f I n addition, HP has installed several systems which alow the broken Stock Exchange to more effectively deliver timely and constantly INVESTOR SES BOARD err-/- fief I II I I I updated stock information to the investing community. The SES
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      265 59 I Investing in stocks and shares CONFUSING BE CAN VERY. > If you find the above juxtaposed words somewhat confusing, just wait till you try under- And of course, we offer a total range of stockbroking services. From dealing in stocks and standing what a small movement on the Dow
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      44 60 SUN HUNG KAI SECURITIES PTE. LTD. SUN HUNG KAI BULLION FUTURES PTE LTD. 20 COLLYER QUAY, #18-01, TUNG CENTRE, SINGAPORE 0104 TELEX: RS ***** TELEGRAM SHKSEC Tel: 224 1688 (General) 224 2188 (S'pore Shares) 224 2122 (Gold) 225 9988 (Commodities) 224 3838 (HK Shares)
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      141 60 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more spaoe and more research than oan be given In our dally reporting. As part of BT's overall service we have always recognised this and taken the neoessaiy steps. Filling the gap
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      140 61 |r THE NEW GENERATION OMPtAIN PAPER FAX. i rr^|" I Take advantage trade-in your old fashioned LED laser printer technology ensures crisp, thermal fax now upgrade it to the new clear copy quality. OKIFAX OF-110 plain paper fax and save up Savings on oration cost and time. to $1.500! Offer
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      239 62 J COMMITMENT TOWARDS TECHNOLOGY SYNTAX 386 DESKTOP COMPUTER SYNTAX MINI 386S COMPUTER Powerful and speedy management server i ic\ u/ q\ 20/25 MHZ ***** CPU (O.W.S) LjM Socket (or *****/***** Co-processor FyMM Socket for ***** SX Co-processor Ifl" fL_ ri* v t u SYNTAX 386 VT FILE SERVER ll^-Sitli J
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      101 63 t "WE DID IT, FIRST TIME ROUND. AFTER ALL THOSE YEARS WE SPENT TOGETHER AT SCHOOL, I KNEW WE'D MAKE AN UNBEATABLE PARTNERSHIP." ]®S Bfttt Mm mHH) f <,'^^gf -v' Mj fj OMEGA. The watch that records the world's significant moments. c-4^w At the Olympic Games. In outer space. And
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      66 64 mfi". V s jfeSIMBL Schroder International Merchant Bankers Limited Merchant Bankers in Singapore since 1970 Capital Raising Corporate Advice Fund Management Treasury Share Registration SIMBL is part of Schroders PLC, an international merchant and investment banking group with offices in Hong Kong, Singapore, Switzerland, Japan, Australia, the USA and the
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      252 64 14 415 August 1990 Jakarta Borobudur 16 &17 August 1990 Singapore Meridien 90 &21 August 1990 A Kuala Lumpur Hilton An intensive two-day seminar to improve your trading skills Our authoritative Course Directors are: John Holihan Didier Lemaistre Treasurer, Financial Options Vice President, Financial Consultant National Australia Bank, Melbourne Shearson
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      440 65 *■> a. d|V HhL jE' Ife, Jmw .Ik m U& p Jr j |Hk- »j v \<> Jh x f 9r9 ,r *xpo*w *1 "M\ WJ* Mm I »fk I li 1 I i Ah i /I] —I—"' 1 J& i w,k jH 48£ li9W 88. jMr v i >:
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      59 66 YOU'LL BE BACK FOR MORE! South Indian Cuisine served on banana leaf Claypot Fish Head Yogurt Fried Chicken fl B Masala Chicken Mr. G.IC Ramu S Mutton Masala ATTENTIVE Man^mouth-xoatering dishes Halal Food lU Credit Cards Hk Accepted Claypot Fish Head Curry 246-F Upper Thomson Road, Sp^fPflL\^k^gg sTiUnkan Crab, Business
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      42 66 Picture your Windows with I h" Ssj """j 1 J.: Roller Shades Roman Blinds Bonded Sh^W Motonsed Screens Blackout Shades Vertical Blinds PTE LTD A Shad* Bcttar Thou Ttw Rm> #02-29 Singapore Shopping CMMt Qminkmu Anna. 8****** "T" TEL 338-0956/453-6333. Fac 45t4M
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      51 67 CHARGE TO DINERS AND GET U FREE OF CHARGE. (SB Salad choice of any of these four scrumpt o M ,4 1 p tt rtl Continuing the Prince Hotels tradinon of fnendly service. 770 Orchard Rood. Singapore 0923. Telex: RS ***** HCROWN Cable: CROWNHOTEL Fax: *****18 Tel: *****11 Valet parking
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      267 67 GOMOC COMMODITY EXCHANGE. INC. Four World Trade Confer. Now Ycxk. NY *****. U.SA. LEARN HOW TO TRADE OPTIONS Options are one of the most powerful and flexible financial tools available today. They offer institutional and independent investors a wide range of benefits. Are you ready to take advantage of this
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      231 68 4; 4 m m IP' c In The Property Market, I sV-I One Name Really Shapes Up 1 jL V UP* I y«g|p| f'J FAi fc T l i I 1 VI At Knight Frank Cheong Hock Chye and services like compulsory acquisition, property practical. You could say we keep
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