The Business Times, 11 July 1990

Microfilm: NL17036
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday July 11 1990 75*
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  • NEWS SUMMARY
    • Article
      Gorbachev pledges big changes in party leadership
      60 1 SOVIET LEADER Mikhail Gorbachev yesterday pledged "big changes" in the communist party leadership if he is re-elected general secretary at the current party congress. He made the statement in a 10minute speech in Moscow as a candidate for the post, while all but
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    • Article
      Convention hot spot
      36 1 THE GROWING recognition of Singapore as a favourable convention venue was borne out further last year when the number of convention visitors registered the highest growth rate of 34.3 per cent. Page 2
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    • Article
      Citibank seeks licence
      16 1 CITIBANK has applied for a licence to carry out home banking. Page 2
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    • Article
      Thai slowdown
      37 1 THE THAI economy will grow at a slower pace of 9 or 10 per cent this year, compared with 10.8 per cent last year or a world record 13.2 per cent in 1988 Page 10
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    • Article
      US raps Europeans
      20 1 THE US has slammed European countries for threatening to scuttle talks on reforming world trade Page II
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    • Article
      Hard-liners warned
      28 1 HARD-LINE communists have no hope of using the current party congress to turn the clock back and foil perestroika, says Soviet President Mikhail Gorbachev Page II
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    • Article
      Archer books bought
      35 1 HARPER COLLINS has bought the next three books of Jeffrey Archer, the English author who recently said he was offered US$2O million for the books by an unnamed publishing house Page 17
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    • Article
      NOL orders third ship
      35 1 NEPTUNE Orient Lines has ordered a third container ship from Singapore Shipbuilding and Engineering, six months after it placed its first two-ship contract with the local shipyard. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      47 1 WALL STREET was mixed in early trading yesterday. The Dow Jones average of 30 industrials dropped by 1.73 from Monday's close in the first half hour but then turned higher to show a 4.46-point gain at 2,909.65 by 1430 GMT one hour into the session.
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    • Article
      Footsie lower
      34 1 LONDON share prices were lower at midday yesterday, bogged down by a poor outlook for British corporate profits. At about 111S GMT, the Financial Times-Stock Exchange 100-Share Index was down 8.7 points.
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    • Article
      Bid by P Bank chief
      38 1 PUBLIC BANK president Teh Hong Piow is making a general offer for Tong Meng following the purchase of a block of 1.8 million shares, raising his stake to 45.6 per cent Page 3
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    • Article
      Keppei scores first
      38 1 KEPPEL CORP is raising about $120 million from a private placement in the US, the first Asian company to so so under rule 144 A which obviates the need for SEC prospectus filling. Page 3
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    • Article
      Simex upgrades firms
      22 1 GOLDMAN SACHS and Discount Corporation of New York Futures have been upgraded by Simex to clearing members Page 8
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 796.20 +2.54 Kuala Lumpur ....592.57 +0.39 Hongkong 3,408.16 +23.01 Tokyo 32,152.43 +385.85 Sydney 1,581.0 -6.1 Monday Change New York 2,914.11 +9.16 London 2,337.5 -2.5
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SS1.8190 Yen SS1.2155 MS SS0.6732 Money market rates Overnight 6 3/4 -3/4 3-month 7 5/8% -1/8
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    • Article
      COMMODITIES
      36 1 London GoM PM fix US$354.00 -US$6.25 RNMot S'pore Aug I54.75«/kg -1.00 M'sia Aug M23i.OOVkg -1.00 KL Tin Turnover 87 tonnes -67 Spot M$ 15.70/kg -8 Crude pilw oil Turnover 732 lots +358 Jul M$671/tonne +3
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  • Article
    Suntec drops plans for hotel in Marina Centre
    382 1  -  By Lilian Ang THE SUNTEC GROUP has decided to abandon plans for a deluxe hotel in its convention and exhibition centre, six months into the actual construction of the $1.5 billion project. In place of the hotel, the Hongkong-based group will revive
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  • Article, Illustration
    Lock icon Bid to seal Riau cooperation agreement next month
    380 1  -  BG Lee's visit to Indonesia From William Chia in JAKARTA BUILDING on their cooperation in Batam, Indonesia and Singapore aim to sign an agreement next month which will extend bilateral cooperation to the other islands in the Riau archipelago. After calling on
    AFP picture  -  380 words
  • Article
    Indonesia to liberalise financial sector further
    421 1  -  From Genevieve Cua in JAKARTA THE MESSAGE from Indonesia's Finance Minister, Professor Dr J B Sumarlin, was unmistakable yesterday even more steps are being taken to further deregulate the economy of Asean's most populous nation. On the cards is further liberalisation of its financial
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  • Article
    Tough new yardstick for life insurance agents
    345 1  -  By Abdul Hadhi FROM the beginning of next year, life insurance agents face getting the sack if too many of the policies sold by them lapse within the first one or two years. The new rule, which is one of many issued by
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  • Article
    Lau brothers get a taste of their own medicine
    494 1  -  From Catherine Ong in HONGKONG THE LAU BROTHERS, once Hongkong's most dreaded corporate raiders, are having the tables turned on them as a Taiwanese businessman, backed by some of the territory's biggest corporate names, prepares a HK$6.5-billion hostile bid for their
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  • Article
    Report sends US$ falling
    138 1 A REPORT by influential US consulting firm Smick Medley that the Bank of Japan would raise interest rules in the next few months yesterday sent the US dollar falling nearly two yen and touching a new low against the Singapore dollar. At 1000 GMT yesterday, the
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      299 1 BHHBBBhF MbM HHKHS 1 HHBHW Available al all leading laikxs //g/i jashkmjfArksjhm holy PROTECTIONISM JUST DOES NOT PAY 12 SPRING FOR PRAGUE INDUSTRIES 13 COOL DUDES TO HK'S RESCUE 14 Aacraft Schedule 27 Money Market 25 World Stock Markets 24 !> OC 11 1A uxnmooroes /o Kegwnai news iu Cryptic
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      4 1 More reports, Back Pg
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      Page 1 Advertisements Column 3
      72 1 High fashionfabrics from holy Available at all leading tailors PENTAX of auto focus zoom cameras. The super slim compact zoom with a full range functions from focus exposure plus a muksam' An unrivalled compact zoom camera with great features such as multi-exposure, interval and j bulb timer, which will enhance
      72 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        US publishers sue S'pore photocopy shops
        90 2 THE ASSOCIATION of American Publishers (AAP), the organisation representing the American book publishing industry, will sue two commercial photocopying shops, Green Land Copier Service and Coronation Photocopying Centre, for alleged copyright infringement. A press release from AAP said the Singapore-based shops are alleged to
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      • Article
        German for Temasek Poly
        72 2 THE FIRST BATCH of students of Temasek Polytechnic will be able to study German if they want to. German was selected above other European languages in recognition of the leading role a reunited Germany will have in Europe, said the polytechnic. Learning the language will give
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      • Article
        Opening of NUH exercise park
        54 2 PROFESSOR Kamal Bose, Chief of Orthopaedic Surgery of the National University Hospital (NUH), will tomorrow open the hospital's exercise park which forms an extension of its rehabilitative medicine facilities. This park with five exercise stations will be used by various groups of rehabilitation patients, an
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      • Article
        Inauguration ceremony at NUS
        59 2 THE DIVISION of Biostatics and Health Informatics of the National University of Singapore medical faculty will be officially inaugurated this Friday as a World Health Organisation Collaborating Centre for Health Informatics. The NUS is the first institution in a developing country to be chosen by the
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      • Article
        MCI fund-raising concert
        54 2 THE MINISTRY of Communications and Information is organising a concert by the Singapore Symphony Orchestra (SSO) to raise funds for the 25th Anniversary Charity Fund. An MCI press release yesterday said that the SSO will perform "An Evening of Tchaikovsky" on Tuesday, August 23, at 8.15pm at
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    • Article
      More heading this way for conventions
      352 2  -  By Sangeeta Mulchand THE GROWING recognition of Singapore as a favourable convention venue was borne out further last year when the number of convention visitors registered the highest growth rate of 34.3 per cent. Last year saw 38,791 visitors coming here to attend conventions,
      352 words
    • Article, Illustration
      American Hospital: new name, new aim
      323 2  -  By Martin Soong THE American Hospital, debt-ridden but salvaged last November by US hospital management group National Medical Enterprises, is undergoing a $1S million facelift to reposition it to treat the aches and pains of the East Coast's lucrative suburban families. The 135-bed hospital
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    • Article, Illustration
      Citibank seeking licence for home banking
      302 2  -  By Quak Hiang Whai CITIBANK has applied for a home banking licence, following the Monetary Authority of Singapore's decision to allow full licensed foreign banks to go into home banking. Mr David Browning, Citibank's country corporate officer here, said the bank already has the
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      401 2 CHARTPOINT Every Saturday in Business Times Jm 0 c A i/iiT J H m Finally, A Jet That Breaks The Speed Record 3 Without Shattering The Sound Barrier. \ou can imagine the murmurs of disquiet any louder than the whispering wind. Like an easy-to-understand and easier-to- fonts. (Incidentally, only our
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Teh Hong Piow goes for full control of Tong Meng
      435 3  -  ly Quak Hiang whai PUBLIC BANK president Tan Sri Teh Hong Piow is going for full control of local-ly-listed Tong Meng Industries Ltd. This follows the purchase by Fairbanks Holdings, a company which is majorityowned by Tan Sri Teh, of
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    • Article
      Lacklustre start for PCL — blame put on listing delay and lethargic market
      346 3  - Lacklustre start for PCL blame put on listing delay and lethargic market By Rahita Elias PACIFIC CARRIERS Ltd (PCL) made a disappointing debut yesterday, with its shares trading just a shade above the issue price of $1.70. Although it topped the active list with 19.4 million shares, it failed to
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    • Article
      Lock icon Wan Azmi among new directors of Gadek
      421 3 NST GADEK (M) BHD, a smallish plantation company listed on the Kuala Lumpur Stock Exchange, has attracted the attention of prominent bumiputra businessman Wan Azmi Wan Hamzah who is chairman of General Lumber Holdings Bhd. Wan Azmi together with two other bumiputra businessmen
      NST  -  421 words
    • Article
      Lock icon Malayan Cement shareholders set to reap anniversary bonus
      602 3 MARKET TALK NST AS THE UK-based Blue Circle Industries pic celebrates its 40th fruitful year in Malaysia, minority shareholders of Malayan Cement Bhd, its key investment, would be eager to know what is in store for them. The anniversary could not have
      NST  -  602 words
    • Article
      Keppel plans to tap US market for $120 m
      335 3  -  By Amy Balan KEPPEL CORPORATION is expected to raise some $120 million from a private placement of its shares in the US, the first Asian company to do so under a relaxed ruling which obviates much of the earlier hassle of
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    • Article
      Lock icon MMC to invest M4 305m in copper project
      192 3 Bernama MALAYSIA Mining Corporation (MMC) is to invest Ms3so million to build a copper sheet factory and a copper mine in Mengapor, in Pahang's Maran district. Chief executive Ibrahim Menudin said in Kuantan on Monday that to date, MMC had invested Ms4o
      Bernama  -  192 words
    • COMPANY BRIEFS
      • Article
        Kamunting: MPHB not selling Magnum stake
        112 3 KAMUNTING CORPORATION Bhd, a major shareholder v of Multi-Purpose Holdings Bhd (MPHB), yesterday said that it has not reached agreement with Inter-Pacific Industrial' Group Bhd, Beijaya Corp Bhd and Sports Toto Bhd to allow the three companies to acquire MPHB's 39.78 per cent stake
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      • Article
        Listing of new Acma shares
        46 3 THE STOCK EXCHANGE of Singapore has advised its;: members that an additional S.S7 million shares to be placed out at $2.51 per share by Acma Electrical Industries Ltd to. reduce bank borrowings will be granted a listing and quotation from tomorrow.
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      • Article
        FAI revamps business
        72 3 SYDNEY-BASED FAI Insurances Ltd, which is listed on the local exchange, said it is consolidating and rationalising it^ t structure to improve efficiency and reduce costs. To this end,'/ all its insurance business currently underwritten by FAI In- surances Ltd will be absorbed by FAI General Insurance
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      • Article
        Berjaya raises Magnum stake
        57 3 BERJAYA Corp (M) Bhd said it now holds 15.788 million in Magnum Corp Bhd following purchases of 120,000 shareg)* from stockbrokers on June 19. With the above acquisition, Magnum said that Inter-Pacific Industrial Group Bhd now-'' owns 29.957 million shares in Magnum or 26.52 per cent
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      • Article
        Temerloh clarifies MWT stake
        88 3 THE TEMERLOH Rubber Estates Bhd, through its whollyowned subsidiary, Mezzanine Capital (M) Sdn Bhd, holds a 49 per cent stake in Malayan Waste Treatment Sdn Bhd} (MWT) and not 20 per cent as reported earlier. Temerloh said Mezzanine Capital has subscribed for 24,500 ordinary shares of
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      • Article
        M Aica buys shell company
        50 3 MALAYSIA Aica Bhd has acquired two ordinary shares of Msl.oo each representing the total paid-up capital of Modern Woodwork Sdn Bhd, a dormant company, on July 3. Malaysia Aica also announced that Lim Teong Ghee had resigned as a director with effect from July 1.
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      • Article
        Hong Leong ups MPI stake
        46 3 HONG LEONG Co (M) Bhd has acquired 1,185,000 shares in Malaysia Pacific Industries Bhd on July 6 thus increasing its holdings to 40,803,947 shares. Hong Leong also said it has purchased 130,000 shares in Hong Leong Industries Bhd on June 28.
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      238 3 IL,. ®i HOCH iHI T iGfFT A LINK IN (TjEjCjH VAMP PI ORAI CONFERENCE '90 vILvDML JULY 23 24 1990, SINGAPORE THE SHANGRI-LA HOTEL STRATEGY ■Why is ASEAN important to my global business strategy? What are the business opportunities in ASEAN? ■What are the trends of technological developments? What is
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Sumitomo unit to raise output
        82 4 THE AUSTRALIAN subsidiary of Japan's Sumitomo Coal Mining Co Ltd will expand coal output at its Wambo colliery in New South Wales, a Sumitomo official said. Most of the new output is expected to be exported to Japan. Wambo Mining Corp Pty Ltd, 60 per
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      • Article
        QCT Resources to buy mine
        102 4 AUSTRALIAN firm QCT RESOURCES Ltd said it has agreed to buy the South Blackwater Coal business from Pennant Holdings Ltd for Asl3s million. It said it will also buy inventories, coal stocks and related assets less provisions for a price yet to be determined. The
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      • Article
        Marubeni acquires US firm
        87 4 MARUBENI CORP acquired the US seafood products company Sitka Sound Seafood Inc for 1.5 billion yen in June, a Marubeni spokesman said. Sitka Sound Seafood, Marubeni's third acquisition of a seafood products unit in Alaska, will export 5,000 tonnes of frozen salmon in the fiscal year
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      • Article
        Accord by NZ Chase creditors
        56 4 THE CREDITORS and bondholders of New Zealand property company Chase Corp Ltd, whose assets are in statutory management, have approved a formal scheme of arrangement, Chase's financial adviser said. The plan provides for a three-year moratorium to allow company assets to be sold and the
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    • Article, Illustration
      Lock icon Maxwell agrees to sell stake in Bell group
      337 4 Reuter BRITISH publisher Robert Maxwell has agreed to sell a 14.9 per cent stake in The Bell Group Ltd in an out-of-court settlement with the National Companies and Securities Commission. The parcel of 48.59 million shares Mr Maxwell bought from Bell Group
      Reuter  -  337 words
    • Article
      Lock icon Rates rise clouds prospects for Jakarta stocks
      510 4 Reuter PROSPECTS for Jakarta's recently booming stock market have clouded as rising interest rates suck money into deposit accounts at banks, analysts said. Prices on the Jakarta stock exchange have barely moved in the past week, keeping the composite index at around 626.00
      Reuter  -  510 words
    • Article
      Lock icon Proton hits growth path, chalks up M$ 159m profit
      315 4 MBT PROTON, Malaysia's national car manufacturer, has become a billion-ringgit company. For the financial year ended March 31, 1990, the company registered a turnover of Msl.4 billion and profits of MS 159 million. This year, it will manufacture 85,680 cars with
      MBT  -  315 words
    • Article
      Lock icon Nomura to boost its European units
      307 4 AFP Reuter NOMURA SECURITIES Co, the world's largest securities house, is to boost the capital of its key European subsidiaries to cope with an expected rush of Japanese investments, a company source said yesterday. Nomura expects Japanese investors to pump funds into Europe ahead
      AFP; Reuter  -  307 words
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      242 4 miiHi v 4hHBIPP^% ->£» j?- aMoKBS^ .JaiSy*" v p vc-.. $gMre kM W jT ■R|B|R|aifl i i Hmnm a, ■■lISBIbIIH ''?WSP -vt-. >' .v IWM| >• Tl<^Wi^— < <1 fete :4 r^4H^^p <f s-'-'\ nßf i>. <i- *i H 'I-".>: "JK i£& vi *•<§ hr! :4-5 fc fli li- r
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  • Page 5 Advertisements
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      58 5 .ifl I Heartiest I Congratulations 1 iH H I r I the arriual of the I 25th million TEU I f H n i Singapore I rt j I fji I I B| r r 1/ J 11 1 I I MAERSK I >n H 11 1 I I I
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Tapie pays 'incredibly few price' for Adidas
        107 6 PftSNCH entrepreneur Bernard Tapie said in a newspaper ■ftrview he paid "an incredibly low price" for a controlling gafe in West German sports goods company Adidas AG. "I reveal the price, but it was incredibly low," the French Le Figaro quoted Mr Tapie
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      • Article
        Motorola, IBM mum on deal
        86 6 MOTOROLA Inc and International Business Machines Corp Mined to confirm a published report that they are negotiatiig a (Jeal to give Motorola access to IBM's most advanced computer memory chip-making technology. The New York tines, quoting government and industry sources, said in Monday's editions that
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      • Article
        Texas Instruments sues five
        66 6 TEXAS Instruments Inc said it has filed a patent infringelawsuit and a complaint with the International Trade against five semiconductor manufacturers for incensed use of its patents. Texas Instruments (TI) said it fifed the suit in Federal District Court in Dallas against the ■fqufacturers who are
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      • Article
        Philip confirms Suchard price
        100 6 PHILIP MORRIS Cos Inc confirmed it was standing by its previously announced offer price for the minority of Jacobs Socfcard shares it does not already own. Shares in Suchard JSf-nsen on speculation that Philip Morris would raise its dtt to minority shareholders. The offer made at
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      • Article
        Israel advised to float El A1
        134 6 TWO US investment banks have advised Israel to sell 51 per w oc9M of the state-owned national airline El A 1 through share offerings on local, US and European stock exchanges, the J transport ministry said. A spokesman said representatives irst Boston Corp and
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    • Article
      Lock icon Asea Brown forms tie-ups with 20 £ German firms
      254 6 Asea Brown forms tie-ups with 20 German firms Reuter SWISS-SWEDISH engineering company Asea Brown Boveri AG is setting up joint ventures with approximately 20 East German enterprises and hopes to make annual revenues there of US$l.2 billion in the medium term. ABB said it would concentrate on power generation and
      Reuter  -  254 words
    • Article
      Lock icon Legal and General sells Victory to Netherlands Reinsurance
      185 6 AFP BRITISH insurance group Legal and General is selling the bulk of the activities of its reinsurance subsidiary Victory Reinsurance to Netherlands Reinsurance Group for £122 million (US$2O3 million) cash. Legal and General will retain assets worth £18 million in Victory 11
      AFP  -  185 words
    • Article
      Lock icon Rank takes hold of Mecca Leisure
      203 6 AFP BRITISH CINEMA, television, hotel and travel group Rank Organisation has acquired a controlling stake in leisure group Mecca Leisure. Rank, which launched a £512 million (US$B53 million) takeover bid for Mecca in June, said that as of July 6, it had received acceptances
      AFP  -  203 words
    • Article, Illustration
      Lock icon Two richest men in the world are Japanese
      278 6 AFP THE TWO wealthiest men in the world are Japanese, but the United States still has most of the world's billionaire's, according to Forbes magazine. In its July 23 edition, Forbes said Japanese tycoon Yoshiaki Tsutsumi was the world's richest man, with
      AFP  -  278 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      48 6 SHARP BUSINESS ACTION The Choya shirt. For people who recognize a smart investment. w CHOYA TOKYO-JAPAN 1 Available at Daimaru, Isetan Orchard, Isetan Havelock, Sogo, Tokyu, Yaohan Orchard and Arrow Shops Licensee and distributor: Apparel World (S) Pie Ltd Tel: *****12 Apparel World (M) Sdn Bhd Tel (03)*****90
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      296 6 A lOT AT INIIAION lITTII THINGS MIAN A lOT AT SHIRATON UTTII THINGS MIAN AtOT AT 5 i > s Z z Z. -4 Imagine staying in the best part of Bandar Sen day—a saving of 8566.00 per night or 851,980 Begawan, right on Jalan Bendahara, in a luxurious, per
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      196 7 I 11 I I H I I I A perk, as you know, is an incentive. A kind of thank you to those Citicorp. To your company, it represents an opportunity to keep a tab on all executives that deserve that extra reward. your travel and entertainment expenses. But more
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Growth slows at Tokyo insurers
        72 8 JAPAN'S 25 life insurance companies posted a slowdown in growth of earnings and assets for the year ended March 31, 1990, due to higher domestic interest rates and losses on stock and bond investments, analysts said. The Life Insurance Association of Japan announced that total
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      • Article
        CRT-Mitsubishi Trust venture
        82 8 CHICAGO RESEARCH Trading Group Ltd (CRT) and the Mitsubishi Trust and Banking Corp have agreed to form a broad-based, global partnership. They said the venture will consolidate and develop jointly the two firms' respective businesses in financial options and futures, risk management products and related capital market
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      • Article
        Pakistani bank set up
        60 8 AMERICAN EXPRESS Bank Ltd, a unit of American Express Co, and Pakistan's Packages Ltd, have jointly set up an investment bank in Lahore, northern Pakistan. Packages has subscribed 30.1 million rupees to First International Investment Bank Ltd's capital, American Express Bank 30.0 million rupees and International
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    • Article
      Two US houses become Simex clearing members
      261 8  -  By Abdul Hadhi TWO MAJOR American houses have been upgraded by the Singapore International Monetary Exchange (Simex) to clearing members. Goldman Sachs Singapore and Discount Corporation of New York Futures are major primary dealers in the US government securities market and are active
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    • Article
      Lock icon Ban Hin Lee Bank seeks listing
      178 8 Bernama PENANG-based Ban Hin Lee Bank Bhd (BHL) is in the process of submitting an application to the Capital Issues Committee (CIC) for a public listing. Chief executive and deputy chairman Goh Eng Toon said yesterday a merchant bank had been appointed recently as
      Bernama  -  178 words
    • Article
      Lock icon Tough times loom for customers wanting secrecy
      407 8 AP ONE OF the Swiss banking industry's traditional ways to ensure secrecy for customers will be on its way out if government regulators have their way. Bankers are balking at federal efforts to abolish the legal possibility for clients to hide their identity
      AP  -  407 words
    • Article
      DBS sees no harm to economy from US$ fall
      335 8  -  By Quak Hiang Whai THE RISE of the Singapore dollar against the US currency is unlikely to have an adverse impact on the republic's economic performance in 1990, says DBS Bank in an economic report. The bank says in a report
      335 words
    • Article, Illustration
      Lock icon The rush for deutschemarks
      350 8 AFP EAST GERMANS flocked to their banks on Monday as limits on how much money they could withdraw in deutschemarks were lifted, a week after German economic and monetary union took effect. Withdrawals had been limited to 2,000 deutschemarks (US$1,180) per head in the first week,
      AFP  -  350 words
    • Article
      Lock icon German traders hail new bond regulations
      292 8 Reuter CHANGES to the method in which West German federal bonds are issued will help increase the liquidity of government bonds and liberalise the German capital market further, bond traders and economists said. The Bundesbank said on Monday that the federal government and the
      Reuter  -  292 words
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      294 8 Want 1 The Mongolian Buffet at New Park Cafe is really something to shout about. There is a wide variety of delectable ingredients for the whole family to enjoy either —I barbeque or steamboat style. But hurry. At only $13.50+ per person (Child: $9.50+ we're /jjgjfi^ expecting an invasion. Special
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  • Page 8 Miscellaneous
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      279 9 V Hrfr i >' l L i 'iJ liLjlM 1_ Ws&{ t ti IVl.lbl i -^SlbhHlih^ BjtvwM !f g i TitrrMi JHHI > 1 -M H Tr\ J I I n l■ n i JiiVlflij I r• 11 i»] k iwi^B It's ironic really. To think that increasing your productivity
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  • THE REGION
    • NOTE BOOK
      • Article
        Japan to take account of Sixth Malaysia Plan
        108 10 FUTURE technical cooperation between Japan and Malaysia will be in line with the objectives of the Sixth Malaysia Plan (SMP). This was agreed on at the Japan-Malaysia Technical Co-operation 14th annual consultation meeting. The director of the development co-operation division of the
        108 words
      • Article
        Labuan possibility
        71 10 THE MALAYSIAN government may privatise the development of infrastructural facilities in Labuan if the need arises, Finance Minister Datuk Paduka Daim Zainuddin said in Shah Alam on Monday. Speaking to reporters after opening a seminar on Investment Opportunities in Malaysia Towards the Year 2000 at the Shah Alam
        71 words
      • Article
        Indonesian rice shortfall
        98 10 THE INDONESIAN government will only be able to buy 1.4 million tonnes of rice this year, down from 2.6 million tonnes in 1989, due to a shortage of farm land, Jakarta's Kompas daily said yesterday. However, the government already has enough stock to cover any shortages, Kompas
        98 words
      • Article
        Hope for hostages
        87 10 PHILIPPINE Armed Forces chief General Renato de Villa said yesterday that a US Peace Corps volunteer and a Japanese aid worker were "being prepared for release" by communist rebels in Negros island, although he added that the release was not expected immediately. General de Villa also told
        87 words
      • Article
        Way of the sword
        103 10 THAI Supreme Commander Sunthorn Kongsompong has called for an end to military aid for Cambodian guerrillas fighting the Phnom Penh government, the official Thai News Agency (TNA) reported yesterday. Arms supplies create an obstacle to negotiations which represent "the only effective way to bring peace to
        103 words
    • Article
      Thai economy forecast to grow at slower pace
      507 10 THE OUTLOOK FOR the Thai economy is as promising as ever, despite the fact that growth will continue at a slower pace, according to The Nation. The Thai Farmers Bank has forecast a growth rate of 9 or 10 per cent, compared
      507 words
    • Article
      Lock icon Foreign investment in Selangor hits M$ 5.4b
      117 10 Bernama FOREIGN investment in Selangor reached MSS.4 billion between 1987 and 1990, said the director of the state economic planning unit. Mohammad Karim Haji Abdullah Omar said at a seminar on Monday on investment opportunities in Malaysia that the influx of foreign investments
      Bernama  -  117 words
    • Article
      Plan to help Thai businesses
      186 10 THE Industrial Finance Corp of Thailand (IFCT), in collaboration with the Canadian International Development Agency (Cida), has established a regional industrial development project for 17 of Thailand's northern provinces, according to the Bangkok Post. The project is the result of two years' planning by both
      186 words
    • Article
      Lock icon Aussie firms seek Asia-Pac markets
      161 10 Bernama MORE Australian companies are venturing towards closer ties with the Asia-Pacific region following the lead of their financial institutions, said opposition leader Dr John Hewson. At a luncheon talk in Kuala Lumpur on Monday, organised by the Malaysian Australian Business Council, Dr Hewson said
      Bernama  -  161 words
    • Article
      Asean likely to see 2m Japanese visitors in '90
      324 10 ABOUT TWO MILLION Japanese tourists are expected to visit Asean countries this year, spending an estimate US$4 billion, according to the Bangkok Post. Tsuneaki Iki, the executive vice-president of Japan's National Tourist Organisation, said in Bangkok that the number of Japanese
      324 words
    • Article
      Lock icon Hanoi deputies divided over economic reforms
      176 10 AFP FIERCE DEBATE during Vietnam's recent National Assembly session indicates that deputies are divided over the scope of economic reforms, analysts believe. The major differences prompted Prime Minister Do Muoi to present a report on June 28 in which he warned assembly members that
      AFP  -  176 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      133 10 From the hardiest machinery to the most delicate livestock, you can trust your cargo to Thai. Not because of our 5,300 m. cargo handling warehouse, or our extensiveto network that spans li cities in 36 countries. But because of our personal attention to your needs, and because we handle each
      133 words
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  • THE WORLD
    • Article, Illustration
      Lock icon US hits out at EC's attitude to talks on agricultural subsidies
      480 11 AFP THE US has slammed European countries for threatening to scuttle talks on reforming world trade by refusing to discuss farm liberalisation. "They simply have not been engaged in the process," US Agriculture Secretary Clayton Yeutter told a news
      AFP; AFP picture  -  480 words
    • Article, Illustration
      Lock icon Shanghai mayor calls US sanctions ineffective
      414 11 Reuter THE MAYOR of Shanghai, Zhu Rongji, said on Monday that the year-old economic sanctions imposed on China had no effect on China's economic development, as many new businesses found ways to circumvent the rules. "There are many under-the-table deals," Zhu told a luncheon
      Reuter  -  414 words
    • Article
      Lock icon UK industry feeling the squeeze of high rates
      373 11 Reuter BRITAIN'S efforts to curb inflation with high real interest rates is putting the squeeze on business. With the company sector's debt burden at a 10-year high, some economists worry that firms may be about to cut back sharply on investment in
      Reuter  -  373 words
    • Article
      Lock icon China to profit from HK labour needs
      181 11 AFP CHINA is poised to benefit from large foreign remittances as it takes advantage of Hongkong's scheme to import more foreign workers, say Chinese and labour sources in the British colony. The official Chinese publication Outlook Weekly said in its latest overseas edition
      AFP  -  181 words
    • Article
      Lock icon Poland's output down
      110 11 Reuter POLAND'S industrial output fell nearly 30 per cent in the first half of the year as the Solidarity-led government paid the price for implementing Western-style reforms, official figures showed. A report by the Main Statistical Office (GUS) said industrial production, at 38.8 trillion zloties (US$4.O9 billion)
      Reuter  -  110 words
    • Article
      Lock icon Gorbachev issues tough warning to hard-liners
      269 11 Reuter SOVIET PRESIDENT Mikhail Gorbachev says hard-line communists have no hope of using the current party congress to turn the clock back and foil his perestroika reform policy. "If some delegates arrived here... in the hope of turning the party back to the past
      Reuter  -  269 words
    • WORLD WATCH
      • Article
        Pentagon may axe 120,000 jobs: analysts
        91 11 THE PENTAGON, faced with a lessening Soviet threat and fewer dollars, could cut the military by 120,000 people through fewer re-enlistments and promotions and more early retirements, analysts said on Monday. But a study by the Congressional Budget Office found that the savings from
        91 words
      • Article
        More go bust in England, Wales
        94 11 BUSINESSES in England and Wales collapsed at the highest rate in 10 years over the past six months, mainly because of climbing inflation, according to a survey published on Monday. More than 11,600 companies have gone into liquidation or declared bankruptcy since January, a
        94 words
      • Article
        EC levies duty on China ribbons
        73 11 THE EUROPEAN Commission said on Monday it had decided to impose a 24.6 per cent provisional anti-dump-ing duty on silk typewriter ribbon imported from China. It said the China National Silk Import and Export Corp had pledged to raise its export price to avoid
        73 words
      • Article
        Nicaraguan army to restore order
        52 11 cNICARAGUAN President Violeta Chamorro on Monday ordered the army to reestablish order in the Central American country, wracked by a violent week-long general strike J The conservative president ordered the soldiers to dismantle barricades which blocked traffic in the capital and to retake installations occupied
        52 words
      • Article
        Chinese mayors woo Americans
        65 11 DESPITE last year's upheaval, a group of Chinese mayors visiting New York say their country is politically stable and a safer bet for foreign investors than the Soviet Union or» Eastern Europe. The message, delivered on Monday by Mayor Zhu Rongji of Shanghai and others at
        65 words
      • Article
        Central bankers discuss aid
        82 11 CENTRAL bank governors from major industrialised countries discussed in Basle, Switzerland, how to avoid duplicating technical assistance to central banks in East Europe. "I think it is a good thing and that is the view of. my colleagues to know what is going on and who
        82 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      175 11 Sometimes, thiS| isn't enough. Authorised Personnel Only This is. 1 I I fc|MM lIIU I 'i.lH"' In 1 iii(l 111 JIVMi) 'J £>•<*■•-*''• 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
      175 words
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  • Article
    An uncertain development
    483 12 EDITORIAL ONE of Singapore's greatest strengths as a business centre is certainty, the efficient predictability of the business environment. The government's efforts to reduce business unpredictability by building a clear and precise legal system, good infrastructure, harmonious labour-management relations, for instance have done much to promote Singapore
    483 words
  • WHAT THE OTHERS SAY
    • Article
      Yellow card for Fifa
      240 12 THE World Cup finals was a let-down; play was pedestrian and the results seemed unjust. For a start, Italia '90 was the lowest-scoring World Cup ever. Referees were card-happy, Lady Luck was malevolent, allowing an undeserving Argentina to make it to Sunday's finals. Worst of all,
      240 words
    • Article
      Albanian ripples
      113 12 THE present situation in Albania merits close attention because of its grave consequences. In a way, what is unfolding there parallels developments in East Germany last year. From the looks of it, the Albanian government's hold on the country is beginning to look increasingly tenuous with each passing
      113 words
    • Article
      Where are the donors?
      141 12 TWENTY years after the first kidney transplant was done in Singapore, Singaporeans should be able to appreciate the problems surrounding this disease. In the last five years, some 200 people have come down with kidney failure each year. How can we help those afflicted? Dialysis is
      141 words
  • REGIONAL VIEWPOINTS
    • Article
      There's hope yet
      169 12 WHILE the South can seek little solace from the Houston summit, there may be hope yet when the G-7 meets again next year. The Group of 15 (G-15) developing states at its recent Kuala Lumpur meeting resolved to take the initiative in re-opening a dialogue with the
      169 words
    • Article
      Runway to growth
      160 12 GIVEN the important role airports are playing in the growing economies of the six countries grouped in Asean, the Ninth Annual Meeting of the Asean International Airports Association (AAA) held recently in Singapore actually deserved more focused attention from the media. The AAA could be instrumental in
      160 words
    • Article
      Necessary cooperation
      103 12 WITH active behind-the-scenes assistance of Beijing, a new meeting of the four Cambodian factions in Jakarta can generate new impetus in the peace process. This will make both Indonesia and China look good. Indeed, such cooperation is expected of these two regional powers. Without it, the Sino-Indonesia normalisation
      103 words
  • Article, Illustration
    Lock icon Protectionism just does not pay
    1062 12 Summit leaders meeting in Houston must remind their trade negotiators that the Gatt talks are a way for governments to co-operate in defeating protectionism The Economist George bush has promised to make world trade the focus of this year's seven-power economic summit, which started in
    The Economist  -  1,062 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      231 12 The 2nd International Petrochemical Conference >■< Fetrochem'9o Identifying Opportunities for Growth in the 90s 20 21 September 1990, Marina Mandarin Singapore Petrochemical investments in the Asia-Pacific are surging ahead and are expected to continue into the 90s. Petrochem 90 will identify opportunities for growth in the light of changing trends
      231 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      46 12 DOONESBURY BY GARRY TRUDEAU HR.BUIOUS, injKNDUJ AGAINST Ml UWALLTht T1 T IHAVZW i feel' &TWJUP6- FU9SOVER 45* SPEAK WITH MBISMtR WW, AND ONB STUPID I I THINK uMjr UM...JUST PQRA you. rrs mtMY I overmy account? quit iustay. kjpcxnG' pAsse IMPORTANT. PRQWST C Ifcri n ir\
      46 words
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  • ANALYSIS
    • Article
      Taiwanese investments in China set to grow
      932 13  -  At the rate Taiwanese businessmen are investing in China, they could constitute a formidable pressure group on the Taipei government. Cheng Chu-yuen reports on the reasons for and implications of Taiwanese investments in China Cheng Chu-yuen The writer is a professor of economics
      932 words
    • Article, Illustration
      It's spring time for industries in Prague
      1514 13  -  Czechoslovakia, once one of the world's top 10 industrialised powers, intends to become the business centre of Europe. Privatisation of its state-owned foreign trade coiporations is a key tactic to achieve this aim. Anna Teo, wno was in Czechoslovakia recently, reports on the
      1,514 words
    • Article
      Czechs come a-calling
      717 13  -  Czechoslovakian trading houses set up base in Singapore. Anna Teo reports Anna Teo SINGAPORE is to serve as the regional base for Czechoslovakian trading houses Motokov and Strojimport. Early this year, George Cohen (Far East), the Singapore-based trading arm of British public company The 600 Group, clinched
      717 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      35 13 Wednesday. July 11,1990 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 9pm Auctioneers: Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd Showroom #03-28 Rafflts Qty Shopping Cantrt Tal: 336 813S/336 8408
      35 words
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  • FOCUS
    • Article, Illustration
      Lock icon Cool dudes help rescue Hongkong bourse
      1359 14  -  James Sterngold and Steve Glain take a look at what's cooking at two volatile East Asian stock markets James Sterngold, Steve Glain NYT TO THE LIST of fictional acts of derring-do attributed to the Teenage Mutant Ninja Turtles, the popular cartoon characters, many in
      NYT  -  1,359 words
    • Article
      Lock icon Fund managers sniff out the bargains in Taiwan
      944 14 NYT WITH speculative retail investment nearly flushed out of Taiwan's battered stock; exchange, international fund managers are picking through the rubble of a market that only two months ago was considered a minefield. Forecasts, both technical and fundamental, suggest the Taipei weighted
      NYT  -  944 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      193 14 Twelve traditional specialities with that definitive taste of Shanghainese delicacies and matchless in culinary perfection and palatability. A feat that only Li Yao Yun, China's National Executive Chef is capable of. With more than 30 years of expertise, his culinary mastery includes several top awards earned at the 17th Jiang,
      193 words
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      Page 14 Advertisements Column 2
      52 14 COMPUTER FURNITURE >Sf§i& made In Japan bk 9 versatility our OA HvniCur* prov«>« you writi tfM pountul to plar you ottna layout tor opM KMC* and lirctontf af»«*«y KIM LENG OFFICE EQUIPMENT PTE LTD 2 w_ 3l Shenton Way #01-05 (behind Dai-chi Hotel) Singaporeo2o7. Fax: *****86 TEL: *****89 i?ir WTPtots
      52 words
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  • SPORTS
    • Article, Illustration
      Wimbledon netting big bucks
      885 15  -  From John Phillips in LONDON THIS WEEK, the canny albeit worthy men and women who run one of the world's premier sporting events are totting up the profits of their annual fortnight-long extravaganza. Their target is £10 million (US$3l.2 million), which will exceed comfortably last year's
      885 words
    • Article, Illustration
      Lock icon Hadlee bows out of international cricket in style
      395 15 AFP SIR RICHARD HADLEE marked his last international appearance with the ball in England on Monday by bowling the final Test between England and New Zealand to a thrilling climax. He captured five wickets in an innings for the 36th time in
      AFP  -  395 words
    • Article
      Lock icon Hero's welcome for Argentines
      485 15 AP THE ARGENTINE soccer team received a tumultuous welcome on their return on Monday from Italy, scene of their runner-up finish in the World Cup. Tens of thousands of wellwishers lined the 35-km route in Buenos Aires from Ezeiza International Airport to the Plaza de Mayo
      AP  -  485 words
    • Article, Illustration
      Lock icon Pressure of pole position in Tour starting to affect Bauer
      307 15 AP STEVE BAUER of Canada conserved his leader's position at the head of the Tour de France on Monday, but the lead is starting to take its toll. After nine stages in the yellow jersey, Bauer still holds a slim
      AP  -  307 words
    • SIDE LINES
      • Article
        Yokohama Tyres Golf Classic starting today
        85 15 THE YOKOHAMA Tyres Golf Classic begins today at the Raffles Country Club (Palm Course) with a total prize money of $35,000 at stake. Leading the field is Poh Eing Chong, the winner of the Tiger Beer Open Golf Championships last week at the Sembawang
        85 words
      • Article
        Swedish Open seeds stretched
        110 15 GORAN PRPIC of Yugoslavia and Richard Fromberg of Australia, the highest seeds in action on Monday, were extended by two Czechoslovaks before winning their firstround matches in the Swedish Open in Bastad. Thirdseeded Prpic overcame Martin Strelba 1-6, 7-5, 7-6 on the slow clay while No.
        110 words
      • Article
        Quick exit for No. 2 player
        141 15 AMERICAN Christo van Rensburg, the tournament's No. 2 seed, made a quick exit from the US$l5O,OOO Volvo Tennis Hall of Fame Championship in Newport, Rhode Island, on Monday, losing 6-1, 6-4 to unseeded Peter Lundgren of Monte Carlo. No. 7 seed Eric Jelen of
        141 words
      • Article
        Thatcher backs clubs' return
        128 15 BRITISH Prime Minister Margaret Thatcher has recommended the return of English soccer clubs to Europe, clearing the way for an end to their five-year exile. British officials in Houston accompanying Mrs Thatcher to the G-7 summit said on Monday that the recommendation would be made at
        128 words
      • Article
        Get-tough call to referees
        108 15 EUROPE'S top soccer administrator has proposed that get-tough instructions for referees at this year's World Cup be applied also to European tournaments. Gerhard Aigner, secretary-general of the Union of European Football Associations, said that in the interest of uniform rules "now would be a good time
        108 words
      • Article
        Bid for Korean sports exchanges
        82 15 SOUTH KOREAN officials will try to meet their counterparts from the North during the Asian Games in Beijing in September to discuss sports exchanges between the two nations, a Sports Ministry spokesman in Seoul said yesterday. The spokesman said South Korea was working out a
        82 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      292 15 "Call Tel: *****39" Irresistible Thai Set Lunches... Now At Chao Phaya (Holland Village) jS And Chao Phaya (Ang Mo Kio) Menu For Tue, Thurs, Sat Menu For Mon, Wed, Fri 1) Crab Meat Fried Rice 2) Small Kailan and Shitake Mushroom I person $9 fried uith Oyster Sauce II Thai
      292 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      236 16 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 Malav, Chinese. Spanish and American dishes prepared by master chefs specially flown in from The
      236 words
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      Page 16 Advertisements Column 2
      277 16 ilty 1 DIANXIN TEMPTATION! Treat yourself to a Delectable Ditin Xin lunch. All-you-can-eat for only $16.80* per person Lunch Hours: 11.30 am 2.30pm "M>i> 10% sen** clurjtr A u> HYMT REG6NCY©SWGAPORE I" 12 Scocii Htud Siinypiirc (Wi! Id ***** KM Dish of the Month Nasi Lemak "Something spicy, something special",
      277 words
    • Advertisement
      Page 16 Advertisements Column 3
      116 16 rn' n iLp HAWKER FEST♦ 1— 15 JULY Lunch Si Dinner only Adult: $16.00 Child: $10.00 Cafe Plaza lorrt Served nightly from 7.00pm $15.00++ Adult $10.50++ Child For pcacrvationa. all 297-2828 Ext 8353/4 ,W ?«5 /faW SINCAPOti 390 Victoria Street, Singapore 0718 TEM^^^^OTMEALS PHtTENIX COFFEE HOUSE H-ltl Pk.»«l (Bjwiwnll OtiMfSMttwl
      116 words
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      Page 16 Advertisements Column 4
      281 16 j| PRIME CUTS Jf' FROIVrCORN-FED it J§ Ist 31st July From corn-fed American cattle come succulent, juicy steaks Roast Prime Rib of Texas Steer Beef, Boston Oyster Steak and Braised Beer Steak complemented by excellent wines and delicious desserts. I j»h floor 1 //anda*w f Jmgyxrs 333 Orchard R.«d. Singapore
      281 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      652 16 TELEVISION AND RADIO r -m. w ft A J 6.30 Best of Disney Wuzzles: 4.00 Moore Attack (M). i BUSINESS RAOICI T"l Crock Around the Clock 4.30 The Blonlc Worn** Max. Murderer s Apprentice ss£sl.<m>. synMar" A A nnn T anH 7.00 Square One TV. 6.45 Fttrak. 5 .30pm, 3.25
      652 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon HarperCollins buys three Archer books
      557 17 Performance rights acquired as well NYT HARPERCOLLINS has bought the next three books of Jeffrey Archer, the English author who recently said he was offered US$2O million for the books by an unnamed publishing house. HarperCollins, which announced the acquisition on Monday, refused to disclose
      NYT  -  557 words
    • Article, Illustration
      Lock icon Author of Superwoman isn't one herself
      655 17 Reuter SHIRLEY "Superwoman" Conran practises what she preaches. She pays her house cleaner the same wages she pays her executive secretary because she considers them equally important. But "superwoman" is a hard nickname to live up to, says the British writer who achieved overnight
      Reuter  -  655 words
    • Article, Illustration
      Summit leaders sample Texan entertainment
      795 17 CHATTERBOX WORLD leaders gathering for their annual economic summit were treated on Sunday to a Texas-style fest with bucking broncos, country music and more than three and a-half tons of barbecue. The leaders didn't eat all that barbecue hundreds of reporters and summit officials were
      795 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      195 17 AND ENTERTAIN ATXste For Italian Masterpieces. fTALIANPROMOTION pHI 6 TO 16 JULY 1990 BUFFET DWNE* WJOJVDULTSKV to IO«^»VKI >E <.</£** jMVbIHHI charge AND 4* CESS From 6 to 16 July, we present you with the taste sensations of Italy. Authentic specialties prepared with the freshest ingredients. And to spare you
      195 words
    • Advertisement
      Page 17 Advertisements Column 2
      105 17 All manner of Teochew delicacies await you at two very convenient locations on Battery Road in the Business District, and at Centrepoint on Orchard Road. L. Whether you're planning a celebration for 10 or 800. well give you a feast from the sea. presented by our famed master chefs. Chuan
      105 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Pacific Carriers makes debut amid dull market
      4333 18  -  By Magdalene Ng NEWCOMER Pacific Carriers dominated trading on an otherwise dull and boring stock market, churning up a third of the total turnover recorded yesterday. It was traded to a high of $1.78 in the morning, but the share price of the
      4,333 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4082 19 Main Board OCBC 950 +40 +4.4* DBS Foreign 1360 30 2.3% SLA 200 1370 20 +1.5% S1A 1370 +10 +0.7% DBS 1270 +10 0.8% PM Hldgs 275 +10 +3.8% S Steamship 50* 376 +8 2.2% FELSWt 330 +8 +2.5% Paricway H 50* 310 +6 +2.0%
    4,082 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      241 20 Ommm Gr ""> M#t N,t m to »T«m/tMS (L) P«r»)»« dlvJrfaml (•000) B Sembawanc Jul 5 Mar 90 $13,454(56.793) 56 l(28 3a> 35n(15a) Metro Hdts Jul 4 Mar 90 W.006(510.219) 14 6(18 7a) 4(2 7a) Rothmans M Jul 4 Mar 90 M$105,988($98,362) 37.1(345) 30k(45) Sport Fodder Jul 2
      241 words
    • Article
      RESULTS DUE
      443 20 Singapore Stocks M Voir Cenpany Psnod Date Tea Hat EPS Gran Nat muied endkig (carti) <* pre* i»t r*» <"»> Leant ttul Interim Mar 30 Dec 89 535l(li) EMS Mtran Apr 26 Jul 90 93(a) 2 3TE(a) 4.747 Tat Lm raonct Final Mm 1 Dec 89 12.3 8
      443 words
    • Article
      BONDS, LOANS & WARRANTS
      649 20 BONDS, LOANS WARRANTS CiwMiy Cinnlw p«W C—mnkm >w ter nfcwy UC W» Before 26/4/93 1 warrant pteJIWairt J C^umv v) LOM —> Caaaiwi) m 2/10/89 Id 20/10/94 1 oral pte 81 cart or 1 warrant pte >1 nonanal amount ot loan stock Oaon ft* fata Qui tk*> m jfcrt 17
      649 words
    • Article
      DIVIDENDS ANNOUNCED
      730 20 Currant Ex Baoks Date Trtd tor Total tor payment date dm pay a We the year last year Mil Kdgs 6* Aug 28 Sep 7 Sep 26 6* 6* MFP NYA Jun 20 Jul 5 Aug 15 NYA 129sen Amcd 10% lun 18 Am 28 Jul 16 10*
      730 words
    • Article
      PRELIMINARY RESULTS
      217 20 C«MMny Date Year Group pre-tax Met earnings Gross ami te profit/less (L) per share dividend ('000) (cents) tsetan Jul 5 Mar 90 $32.090p($19.078) ♦8.5(39.1) 14(10) Mo HMgs lun 29 Mar 90 $1.786($1,672) 5.4(5.6) 6(6) Ha Sun Hup Jun 29 Mar 90 $17.429($15.638|) 92(9.6) 10TE(NA) Metatock Jun 29 Mar
      217 words
    • Article
      APPROVED ISSUES
      266 20 Company Rights Issue KB Corpr Onetor three (3, M$1 60 per share $*****m 1* Convertible Unsecured Loan Stock o» M$1 00 nominal value to be ssued on the basis of 1 CULS tor every eaght shares held Ei-date ton 6 Books dose ton 20 Acceptance i Payment Aug
      266 words
    • Article
      INTERIM RESULTS
      145 20 Company Data ann Half-year to 1 Group pre-tax profit/loss (L) COOO) iRtorin dividend Ganda HW«s Jun 29 Mar 90 MJ3.237KJ2.236L) —(-> Pacific Can Jun 29 Mar 90 $681 Samanda HtdfS Jun 28 Mar 90 M$4.997($5,120) CASH Asia Pacific Jun 26 Feb 90 M5669K*****) Jun 22 Mar 90 548.108(551.412)
      145 words
    • Article
      CORPORATE DEVELOPMENTS
      294 20 K. Horace HddhfJ (CSH) revamp is moving closer to completion. CSH entered into two option agreements, one to sell certain brands to Cold Storage Dames an^J he other to sen the group's 51% interest in Cold Storage Dames to F&M for $43 15m Hom loot* Co Bhd and
      294 words
    • Article
      COMPANY MEETINGS
      362 20 MBf prance Bcrtnd: EGM at the Penthouse, 23rd Floor, Plaza MBf, ialan Ampang. ***** Kuala Lumpur on Wednesday, July 11. at 10am. Mapim Corporation Bhd: EGM at Room Parkroyal X, 2nd Floor, Part royal Kuala Lumpur, Jalan Sultan Ismail, ***** Kuala Lumpur on Thursday, July 12, at 11am.
      362 words
    • Article
      PROPOSED ISSUES
      540 20 Company Rights Issue CaB«w)y to Caprtal reduchon scheme to reduce par value of shares from $100 to SO 60; Rights issue of 3:2 10 60 per share cm* Or* tor one w, MJ4 00 per share Every four rights shares would be issued with one TSR One-tor two
      540 words
    • Article
      RECORD HIGHS & LOWS
      139 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 Mt 1402.22 (6/2/90) 1990 M* 1607.12 (27/3/90) 1990 tow: 1254 18 (2/5/90) 1990 Imr. 1458.18 (2/5/90) 1989 M(h: *****0 (28/12/89) 1909 1487 76 (26/12/89) 1989 tar ***** (4/1/89) 1989 1*r 1030.69 (4/l/») 19S8 Nth: 1043 86 (8/8/88) 1988 ktft 1177.87
      139 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      102 20 FOR WHO, WHAT, WHERE AHD WHEH IH THE MARKET. 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 on trends in
      102 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Light selling sends market broadly lower
      3771 21 Bernama SHARE PRICES in Kuala Lumpur yesterday moved within a narrow range before ending lower on a broad front on light selling and lack of buying interest. However, some late-after-noon buying of index-linked shares helped the KLSE Composite Index to close 0.39 of a
      Bernama  -  3,771 words
  • Page 21 Advertisements
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Stocks finish lower on interest-rate fears
      2212 22 TOKYO stocks closed lower yesterday as concern that Japanese interest rates may climb drove investors to the sidelines. A surge in the value of the yen against the dollar today failed to bring stocks back up from their day-long slide. "There is a perception
      2,212 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Hang Seng breaches the 3,400 level
      2349 22 SHARE prices on the Hongkong stock market rose in active trading yesterday with the Hang Seng Index gaining 23.01 points to 3,408.16. Turnover also rose significantly to HKS2.I3 billion (US$273 million), against Monday's finish of HKSI.B4 billion (US$236 million). The market opened strong but
      2,349 words
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  • REGIONAL STOCK MARKETS
    • Australian market ends slightly lower
      • Article
        INDICES & TURNOVER
        95 23 INDICES TURNOVER CVM* PwioH July 10 SYDNEY All Ordinaries Index 1581.0 1587.1 -6 1 All Industrials Index 2484.7 2492.6 -7.9 All Resources Index 894 0 898.5 -4 Turnover (million) 282.45 116.57+165.88 BANGKOK SET Index 1028 01 1050.13 -22.12 Turnover (nearest *000) NA NA JAKARTA Composite Index 624.60. 623.30 1.30 Turnover
        95 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        344 23 In local currency In S$ In US$ day year day year day year Jaly 9 Index change change change change change change World 430.8 0.2 -7.3 -0.3 -11.2 0.2 -7.4 tEAFE 600.7 0.0 -118 -0.2 -15.2 0.2 -11.6 Europe 452.4 •0.1 0.4 0.0 3.2 0.5
        344 words
      • Article
        AUSTRALIA
        1161 23 AUSTRALIAN sharemarket finished slightly weaker as the market consblidated recent sharp gains, brokers paid. Investors were unwilling to continue buying, but selling interest was also negligible, they said. The All Ordinaries Index ended 6.1 points weaker at 1,581.0, off the low at 1,580.3. One broker said the firmer Australian
        1,161 words
      • Article
        BANGKOK
        657 23 THAI stocks fell across the board as investors cut losses ahead of a no-confi-dence debate in parliament this week, brokers said. They estimated the composite SET Index fell 22.12 points to close at 1028.01. Most shares recorded losses. Siam Cement was down 140 baht at 6506 and Siam City
        657 words
      • Article
        MANILA
        467 23 PHILIPPINE SHARE prices closed higher yesterday, sustaining a mild rally that began last week, because of the absence of negative news, brokers said. The Manila Stock Exchange composite index firmed 3.75 points to close at 888.54. The combined volume at the two bourses rose to 633.8 million shares worth
        467 words
      • Article
        TAIPEI
        354 23 TAIWAN stocks finished sharply higher as yesterday investors were inspired by the financial and cement sectors, which posted strong rebounds after last week's losses, dealers said. The weighted index gained 300.21 points, or 6.02 pet, to close at 5,286.61 compared with Monday's 4,986.40 finish. Turnover rose to NT572.6 billion
        354 words
      • Article
        NEW ZEALAND
        311 23 NEW ZEALAND shares closed sharply higher, buoyed by Australian buying in dual-listed stocks and domestic confidence generated by slightly lower interest rates. Brokers said the market seemed well supported at current levels but they would not be surprised to see some con- solidation over the rest of this
        311 words
      • Article
        SEOUL
        784 23 SEOUL stocks ended higher after fluctu- ating narrowly in lacklustre trade before buying by the stock stabilisation fund overcame individual selling, brokers said. The composite stock index gained 3.47 points to 718.75, with volume steady at 83.7 billion won against the low 83.1 billion traded on Monday. Less than
        784 words
      • Article
        JAKARTA
        540 23 PRICES on the Jakarta stock exchange ended mixed, with the composite index edging up 1.30 to 624.60, and brokers said sentiment was generally bullish about the property sector. Jakarta International Hotel ended 1,200 rupiah higher at 15,000 in blocks of 1.2 million. On the regular market, which trades lots
        540 words
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  • WORLD STOCK MARKETS
    • Confused US investors seek refuge in blue chips
      • Article, Illustration
        NEW YORK
        1002 24 BUYING in selected blue chip issues and light futures-related buy programmes nudged sleepy US stocks slightly higher at the close on Monday. Stocks traded in a tight range most of the day. "It's like watching paint dry on the wall," said William Raftery, technical analyst at Smith Barney.
        1,002 words
      • Article, Illustration
        LONDON
        812 24 SHARE DEALINGS on Monday stayed quiet up to the close with no news to jolt the market from its torpor. Wall Street offered no direction and UK producer price data in the morning contained few surprises. "The market took no notice of the UK numbers this morning, Wall Street
        812 words
      • Article
        PARIS
        161 24 FRENCH share prices slid in quiet midday trade yesterday, hovering slightly above the technical support level of 1,970, dealers said. The CAC-40 index stood at 1,970.70 at 1048 GMT, down 19.47 on Monday's close and near the day's low of 1,970.19. One dealer said the market gave a cautious
        161 words
      • Article
        BRUSSELS
        166 24 BELGIAN SHARES yesterday opened little changed in low volume as the market remained in the summer doldrums. Traders said there was little news to influence the market. A couple of stocks rebounded from sharp declines on Monday. Electronics stock Barco was up 35 francs to 2,120 francs after plunging
        166 words
      • Article
        AMSTERDAM
        389 24 DUTCH STOCKS slipped in thin early trade yesterday, continuing Monday's weak trend due to a general lack of business and lower foreign bourses, traders said. At 0915 GMT, the CBS all-share index was down 0.7 points at 119.0 after it slipped 0.1 point on Monday. "It (trade) is as
        389 words
      • Article
        STOCKHOLM
        134 24 CONTINUED strong interest in Volvo shares helped lead an increase in the top-16 index on the Stockholm bourse while the general index fell in early trading "There is a large interest in Volvo now, following comments by foreign newsletters, newspaper analysts and the company itself that the share is
        134 words
      • Article
        ZURICH
        271 24 SWISS SHARES yesterday traded lower at midsession as higher rates on Eurofrancs and the weak Frankfurt bourse weighed on the market, dealers said. The SMI index of leading shares fell 16,2 points to 1,834.2 and the SPI all share index traded 8,3 points lower at 1217,1. "The interest rate
        271 words
      • Article
        JOHANNESBURG
        352 24 GOLD SHARES were under pressure at midday yesterday in a thin and uncertain market as the bullion price slid further to US$354 an ounce from a recent steady US$36O despite a weaker dollar, dealers said. At noon the JSE all-gold index had slipped to 1481 from Monday's 1525 close
        352 words
      • Article
        FRANKFURT
        285 24 WEST GERMAN shares ended 0.7 per cent lower in quiet trade, but prices finished above the day's lows as the slide towards the psychological 1,900 point support level on the DAX index prompted low volume buying. The 30-share DAX index ended 14.23 points lower at 1,909.63 after earlier dipping
        285 words
      • Article
        MILAN
        231 24 ITALIAN SHARES yesterday closed with sharp losses amongst blue chips trigged by a fresh plunge in Fiat shares, brokers said. The recent price falls, which have driven the MIB index down some 4.5 per cent since the end of June, mean that virtually all buy options will be abandoned
        231 words
      • Article
        Untitled
        188 24 Toronto July 9 CS Abitibi 15ft -ft Alcan Alum 26ft ft Bank Nova Scotia 14'/-* ft Bank of Montreal 27ft ft BCE Inc 38ft ft BP Canada Inc 17ft unch Brascan CI A 20ft ft Canadian Imp Bank 27ft ft Canpac 20ft unch Cominco 25ft ft Dom Tar 12ft unch
        188 words
      • Article
        INDICES & TURNOVER
        89 24 INDICES TURNOVER NEW YORK ClOM Pink— July 9 Dow Jones NYSE Financial SAP 500 Turnover (million) 2914.11 144.32 359.52 122 2904.95 144.19 358.42 112 +9.16 +0.13 1.10 10 LONDON Financial Times 30 FTSE 100 Turnover (million) 1859.30 2337.50 369.8 1865.0 2340.0 739.8 -5.70 -2.50 -370 AMSTERDAM CBS General 196.70 196.70
        89 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar finishes lower as sterling continues to rise
      1253 25 FOREX MARKET REPORTS THE US DOLLAR yesterday ended one and a half yen and over one pfennig lower from its New York close on selling from a soaring pound and a report by Washington-based consultants predicting that the Bank of Japan
      1,253 words
    • Article
      INTERBANK FOREX RATES
      392 25 Cross rates July 10 USS SS MS Dm Yen SFr AS NZS USS 1.8215 2.7040 1.6480 150.65 0.5498 1.3935 1.2384 1.6863 SS 0.5490 1.4845 0.9047 0.8271 0.3018 0.7650 0.6799 0.9258 MS 0.3698 67.36 0.6095 0.5571 0.2033 0.5153 0.4580 0.6236 Dm 0.6068 1.1053 1.6408 91.41 0.3336 0.8456 0.7515
      392 words
    • Article
      MONEY MARKET
      572 25 Interbank rates ss Bid Offer Overnight 6 3/4 1-month 7 5/8 7 3/4 2-month 7 5/8 7 3/4 3-month 7 5/8 7 3/4 Overnight mode: 7-5/8 LSI Bid Offer 7 days 8 5/16 8 7/16 1 month 8 5/16 8 7/16 2 months 8 5/16 8 7/16 3
      572 words
    • Article
      Lock icon US$ falls on Tokyo rates report
      333 25 Reuter A REPORT by the Washing-ton-based consulting firm Smick Medley predicting higher Japanese interest rates helped push the US dollar and domestic bond prices lower in morning trade yesterday, dealers said. Smick Medley International said it sees an 80 to 90 per cent chance
      Reuter  -  333 words
    • Article
      FINANCIAL FUTURES
      1570 25 SIMEX nmmi i AW Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.69 91.70 91.68 91.69 4648 ***** 4396 Dec 90 91.65 91.67 91.65 91.67 5162 8399 2298 Mar 91 91.64 91.66 91.64 91.66 1685 2707 500 Jun 91 91.31 91.31 91.50 91.51 84 713 116
      1,570 words
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  • COMMODITIES
    • Article
      Lock icon Inro reduces rubber reference price by spc
      461 26 AFP THE INTERNATIONAL Natural Rubber Organisation (Inro) yesterdav cut by 5 per cent the reference price which guides its buffer stock manager in market intervention to stabilise rubber prices. "We have lowered the reference price to approximately 207 Malaysian/Singapore cents (a kg)," deputy
      AFP  -  461 words
    • Article
      Lock icon Guatemalan coffee exports soar
      265 26 Reuter GUATEMALA exported just over four million 60-kg bags of coffee during the past fiscal year, nearly double the amount sent abroad the previous year. The increase in volume was enough to offset a sharp fall in prices. Guatemalans pulled in US$396 million in coffee export
      Reuter  -  265 words
    • Article
      Tin continues to slide under selling pressure
      830 26 REPORTS THE PRICE of tin slipped another eight sen to M$ 15.70 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday on selling pressure and buyers' reserve, traders said. The high global stock overhang affected sentiment with consumers still buying on a
      830 words
    • Article
      PRICES
      1383 26 Rubber July to S cents/kg Noon Oo«e Int I RSS Prompt 154.00/155 .OON I53.7VI54.75N Int 1 RSS Aug 90 155.00/155.50 154.7VI55.25N Int I RSS Sep 156 00/156.50 I55.7VI56.2SN Int 2 RSS OP 152.50/154 50N 152.50/154.SON Int 3 RSS OP *****/150OON I48 00/I5000N Int 4 RSS OP I4400/*****N 144 00/146
      1,383 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      376 26 NOTICES IN TH€ MATTER Of THC COMPANIES ACT, CAP. SO AMD IN TX MATTER OF CHUNOCO ELECTRONICS PTE LTD (In Creditor* Voluntary Liquidation) At an Extraordinary General Mooting of mo Members and a Mooting of tho Creditors of the Company hold at 9 Panang Road •12-00 Supreme Hooao Singapore 0923
      376 words
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      Page 26 Advertisements Column 2
      187 26 o SIRZELMAN COWEN Provost, Oriel College, Oxford University and former GovernorGeneral of Australia Responses to problems of governing modern democratic society A comparative experience (Part one and two) PROFESSOR ASSAR LI NDBECK Professor in International Economics and Director of the Institute for International Economic Studies, University of Stockholm Driving forces
      187 words
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      Page 26 Advertisements Column 3
      15 26 Read Charlpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 27
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1014 27 city Flight ETA Flight ETD City Flight HA FlgM ETD AhaDhaM GA895 1235 SQ105 1050 MH641 1315 Adelaide Qf7 2035 SQ227 2250 SQ107 SQ109 MH642 1305 1405 1500 SQ110 MH631 SQ112 1445 1610 taM 1630 GA895 KL813 1235 1455 KL814 SQ24 1720 2200 SQ 111 MH613
    1,014 words
  • THE TRAVEL PACE
    • Article, Illustration
      Living with ducks and swans for company
      815 27  -  LETTER FROM LONDON By Anne Senior A FAMILY of ducks and an occasional floating chair turn up on the doorstep but they barely attract a glance from the residents of a neat row of homes and gardens in the heart of London. For
      815 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4610 1.4810 Canadian dollar 1.5560 1.5760 NZ dollar 1.065 1.0950 Sterling pound 3.300 3.3300 US dollar 1.8170 1.8250 Local dollars to 100 units of foreign currency Austrian schilling 15.30 16.30
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      86 27 Duration Title Venue Organiser Td July 12Property Financing Hilton AIC 03-*****43 13 Kuala Conference Lumpur July 12 Effective Marketing Hilton AIC 03-*****43 Strategies In The Hotel Conference 9Qi For Banks A Jakarta Non-Bank Financial Institutions Duration Title Venue Organ tser Td July 24 How To Profit From
      86 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      58 27 J |he hu»ino» piTM>n ..hoi-i even lucml.ii. 1 I '4 I "J V*| I Ihurvljv. VituriljN in>l Miml-iv. I c.»\ iru < h.in>;i t I I I II W Wport J! hour* jnil Jrrmni; it lolcr B. I 1 I J IV.HM>n lntcrn.it ioiijl \irport the i: I: i I
      58 words
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      Page 27 Advertisements Column 2
      139 27 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given In our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      139 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      283 27 6 It's misleading to say his fiancee has a ruby (3,7) P j 9 Clergyman beer the opera (9) |j 11 Appeal to Catherine for ap- I 1 I I I I I L_^B—_L_l—l—. H 13 Timely indication of total 114 I M 5 1 16 self-approbation (9) 16 Not
      283 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      210 27 Singapore Outlook: Showers over several areas ia the morning. Report Max temp. 28.2* C Assoc humidity 81% Min temp. 23.6"C Assoc humidity 95% Hrs of sunshine 0.35 Rainfall in mm 3.1 Rainfall this mth 48.0 Rainy days this mth 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 16/10 Windy Bangkok 34/24
      210 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      30 27 tiiLUig.MiJjBBtgWEI (i rtjl MHftWodN i') f eat out, hou> p>se wou reeu'HG ~i f\(?sT V)CEX iwe HtQH r """V CIDB feg 'CO N O EVCMMO STAMOAM) CO. LTD.. IM2-IMO Mil.
      30 words
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  • Article
    Lock icon Kaifu calls for higher savings to avert global credit squeeze
    434 28 G-7 summit meeting in Houston AFP JAPANESE Prime Minister Toshiki Kaifu has called for increased savings to avert a global credit squeeze arising rom the growing demand for international funds. Mr Kaifu had also urged other leaders of the world's
    AFP  -  434 words
  • Article, Illustration
    Apec needs to set goals, says Aussie politician
    356 28  -  By Harish Mehta THE THRUST of the AsiaPacific Economic Cooperation Forum (Apec) must be to give the grouping a role and a set of economic objectives, says the Australian leader of the opposition, adding that it should not remain a "talk fest".
    356 words
  • Article
    Lock icon HK, Taipei speculators leave Thai land market
    169 28 AFP HONGKONG and Taiwanese investors are taking their profits and pulling out from Thailand's land speculation market. The Thai Land Institute Foundation's secretarygeneral, Pratak Simapichaichet, said in Bangkok yesterday that the quick profits made over the past few years were unlikely to be
    AFP  -  169 words
  • Article
    UN group proposes international trade data network
    298 28  -  By Shoeb Kagda TO BOOST trade and economic activity among developing countries, members of the United Nations Group of 77 have proposed the setting up of a Trade Information Network (TIN). The network, scheduled for full implemention in 1992, will electronically link chambers
    298 words
  • Article
    Lock icon Bush repeats opposition to aid for Moscow
    232 28 AFP US PRESIDENT George Bush has welcomed recent developments in Eastern Europe and the Soviet Union. But he has again rejected the idea of providing aid to help Moscow finance its economic reforms. Opening a three-day summit conference of the seven major industrialised
    AFP  -  232 words
  • Article
    Indonesia must have 6pc growth, says Suharto adviser
    346 28 INDONESIA must sustain an economic growth of at least 6 per cent over the next 10 years, in view of the projected increase in its population and labour force. In a paper presented during the Indonesia Forum yesterday, Professor Dr Sumitro Djojohadikusumo,
    346 words
  • Article
    Forum panellists note investment obstacles
    130 28 INDONESIA'S economy is booming, but the going is not all that smooth for investors, as several panellists in the Indonesia Forum pointed out yesterday. Alan Smith, managing director of Jardine Fleming, cautioned that the rapid growth of the Jakarta Stock Exchange could lead to overheating.
    130 words
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Page thumbnail Page 29
  • Shipping Times
    • Article
      NOL orders third box vessel from SSE
      420 29  -  By Linda Chee NEPTUNE Orient Lines has ordered a third container ship from Singapore Shipbuilding and Engineering (SSE), six months after it placed its first two-ship contract with the local shipyard. Sources said the third vessel will cost slightly over US$l2 million, about
      420 words
    • Article
      Far East-Europe lines could break even
      274 29 SURGING traffic levels on the Far East-Europe trade, along with a considerably improved outlook, have raised sea carriers' hopes of breaking even in the loss-plagued sector this year. A number of lines engaged in the trade confirmed to Seatrade Week that r?'es have firmed
      274 words
    • Article
      Lock icon ANA to buy 30 planes for US$3.3b
      133 29 AFP ALL Nippon Airways Co Ltd (ANA) yesterday said it will buy about 30 new-generation passenger aircraft worth some 500 billion yen (US$33 billion) later this year. ANA officials said a selection committee will be set up today to choose one of four
      AFP  -  133 words
    • Article
      Lock icon Two Japanese firms win order for navy ship
      247 29 Reuter MITSUBISHI Heavy Industries Ltd (MHI) and Ishi-kawajima-Harima Heavy Industries Co Ltd (IHI) have jointly won an unofficial order from Japan's Defence Agency to build a ship for the Maritime Self-Defence Force (navy), spokesmen for the companies said. MHI has a 40-billion-yen
      Reuter  -  247 words
    • Article
      New line set up to serve Korea-Australia route
      373 29  -  From Florence Chong in SYDNEY THE DEMAND for low-cost shipping from Korea and Taiwan to Australia has led to the setting up of a new Australian shipping line, Trans Pacific Shipping Pty Ltd. The shipping company has chartered three ships, owned by
      373 words
    • Article
      Jardines sets up office in Vietnam
      101 29 JARDINES has opened a representative office in Vietnam to provide supervisory and protecting agency services in all Vietnamese ports. The services for tramp vessels are offered at Ho Chi Minh City, Haiphong, Vungtau, Danang and all other major ports. Once appointed as agent, Jardines
      101 words
    • Article
      US Bill threatens legitimate HK tanker operations
      294 29 THE Hongkong Shipowners' Association has declared that the passage of a US Bill on unlimited liability of vessels could sound the death knell for legitimate Hongkong tanker operations to the US. In response to pressure to protect the environment and US waters following
      294 words
    • Article, Illustration
      SIA, Delta and Swissair offer joint fare packages
      324 29 SINGAPORE AIRLINES (SIA), Delta Airlines and Swissair have further extended their areas of cooperation with the launch of three joint fare packages early this month. The packages offered by the three airlines, which last year formed the world's first "global airline alliance",
      324 words
    • NEWS SUMMARY
      • Article
        The uncertain nineties
        49 29 TANKER BROKING in the 1990s is likely to be tossed by external uncertainties. Any assessment of the next 10 years in broking must reflect brokers' thoughts about the development of fleet size, growth or reduction of demand, rising costs and narrowing margins and ownership Page 2
        49 words
      • Article
        Private treaty likely for HK box terminal
        40 29 THE TENDER for Hongkong's proposed Container Terminal 8 is likely to be awarded through a private treaty with a consortium of existing terminal operators, rather than through the normal tendering process. Back Page
        40 words
      • Article
        Coffee, tea or sashimi?
        22 29 NORTHWEST Airlines has introduced Japanese meals on board their Singapore-Tokyo flights in all classes of service. Back Page
        22 words
      • Article
        MIL plans to sue Saint John Shipbuilding
        41 29 QUEBEC shipbuilder MIL Group Inc dismissed Saint John Shipbuilding Ltd's Csl.7 billion lawsuit against it as ludicrous and said it was preparing to file its own suit against the New Brunswick company. Back Page
        41 words
      • Article
        Gatwick installs bomb detector
        23 29 A SOPHISTICATED new explosives detector was installed at London's Gatwick Airport yesterday for a one-year trial period Back Page
        23 words
    • LOG BOOK
      • Article
        Bilspedition unit, Speditor in alliance
        87 30 SWEDISH haulage firm Bilspedition AB's Scansped Group AB division has reached an agreement with Finland's Speditor Oy to cooperate widely in international transport. Bilspedition said in a statement on Monday that the two companies will combine resources in land, air and sea traffic, and the
        87 words
      • Article
        Garuda orders more MD-11 jets
        66 30 McDonnell DOUGLAS Corp has received an additional three firm orders plus an additional option to purchase its Ml>ll jets from PT Garuda Indonesia. The Indonesian carrier now has commitments on 12 MD-1 Is, including nine firm orders. The current order brings to 375 the total
        66 words
      • Article
        JAL, KAL in computer link-up
        72 30 JAPAN Air Lines Co Ltd (JAL) will cooperate with Korean Air Lines (KAL) to jointly develop their computer reservation systems. The firms will swap databases and establish reciprocal direct access between JAL's "Axcess and KAL s Topas computer reservation systems. Conditions for this technical cooperation
        72 words
      • Article
        US Sprint in Soviet venture
        75 30 US SPRINT, a subsidiary of United Telecommunications Inc, has agreed to form the first commercial international videoconferencing service in the Soviet Union. An agreement between US Sprint and the Main Trunk Lines Control Centre of the Soviet Ministry of Communications provides a link between Sprint's
        75 words
      • Article
        Delta asks for more routes
        73 30 DELTA Air Lines Inc has requested authority to add three new international routes Atlanta to Manchester, England, Atlanta to Madrid and Barcelona, and Orlando to Mexico City. In applications filed on Monday with the US Department of Transportation, Delta said it has asked for approval
        73 words
      • Article
        Weekend airfare cuts
        110 30 CONTINENTAL Airlines Holdings Inc has cut fares by as much as 65 per cent for travel during the next two weekends to or from its four mainland US hub cities Cleveland, Denver, Houston and Newark/New York-LaGuardia. The sale fares range from US$29 to US$l29 each way. For
        110 words
    • Article, Illustration
      Lock icon The uncertain nineties
      1838 30  -  Richard Clayton assesses the likely developments in tanker broking in the *****, a business which is likely to be tossed by external uncertainties Richard Clayton Fairplay There are, of course, no right answers when trying to chart the likely course of events in any discipline. The profession
      Fairplay  -  1,838 words
    • Article
      Lock icon WEEKLY FREIGHTS
      536 30 AFP The seasonal summer fall in shipping rates showed signs of coming to an end on world freights markets this past week. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index (BFI) ended the week down 22 points at 1,067 points. But on Friday the BFI ended
      AFP  -  536 words
    • Article
      THE SHIPPING GUIDE
      12182 38 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
      12,182 words
    • SHIPS IN PORT
      • Article
        DAILY FREIGHTS
        1217 45 Chartering on the freight market centred mainly on time-chartering activity at mixed levels, brokers said. However, the Baltic Freight Index rose one point to 1.068 as talk of a firmer USSI7 US Gulf to Japan grain fixture continued to circulate the market. The sub-index for this route was
        1,217 words
      • Article
        AT CONVENTIONAL WHARVES
        504 45 ST K29 atongade 13.07/0600 Frata Sport 27W8 K31 atongade 11.07/0600 9004 K33 atongade 13.07/0600 Ksar El Book 2/90 K34 atongade 10.07/1600 2 1 K30 atongade 10.07/1830 Lanum ***** K17 atongade 10.07/2300 5 K32 atongade 14.07/2300 Shomhan 27/28 C10 atongade 16.07/1800 Southern Gl 9E/90 K18 atongade 11.07/0700 Trim
        504 words
      • Article
        CONTAINER SCHEDULE
        1050 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinc/BAnco tafc SMp ¥oy Ho Period From To From P ot CtecSal Space ta jad, 3A 1 10/1500 10/1659 10/1900 to Lotus IB 1 10/1500 10/1659 10/1900 2 10/1700 11/0659 11/0900 Ma Mum 28S 1 10/1500 10/1659 10/1900 4
        1,050 words
      • Article
        IN MALAYSIAN PORTS
        356 45 Pwt King South Port on My 10: Swee Long Satu berth 1; Granada berth 2; Bankok Yai berth 3; Hong King berth 4; Smar Asean berth 7; Swee Ann Satu berth 7A. KCT: Kota Makmur berth 8; Ned Rochester berth 9; Benavon berth 10. North Port Smar
        356 words
    • Article
      Private treaty likely for HK's box terminal 8
      370 46 THE TENDER for Hongkong's proposed Container Terminal 8 is likely to be awarded through a private treaty with a consortium of existing terminal operators, rather than through the normal tendering process, said a senior Modern Terminals Ltd's (MTL) official. MTL managing director
      370 words
    • Article
      Lock icon MIL plans to file suit against Saint John Shipbuilding
      263 46 Reuter QUEBEC SHIPBUILDER MIL Group Inc dismissed Saint John Shipbuilding Ltd's Csl.7 billion lawsuit against it as ludicrous and said it was preparing to file its own suit against the New Brunswick company. "The suit by Saint John Shipbuilding (SJSL) is
      Reuter  -  263 words
    • Article, Illustration
      Coffee, tea or sashimi?
      124 46 NORTHWEST AirUnes has introduced Japanese meals (left) on board their Singapore to Tokyo flights in all duses of service. According to John W Gander, Northwest's general manager for South-east Asia, "this move makes sense with the growing importance of the Japanese market to Singapore. "We are
      124 words
    • Article
      UPS expands
      64 46 PACKAGE DELIVERY specialist United Parcel Service (UPS) has bought Seabourne European Express Parcels, a division of European transportation firm Seabourne Express Ltd. Seabourne, UPS's 11th acquisition in Europe since October 1988, is the US-based company's first buy with crossborder surface delivery capabilities. With the new company, UPS can
      64 words
    • Article
      Lock icon Gatwick Airport installs new bomb detector
      238 46 AFP A SOPHISTICATED new explosives detector was installed at London's Gatwick Airport yesterday for a oneyear trial period. The Californian-made TNA bomb detector is already in use at airports in New York and Miami, airport officials said on Monday, but it is the first
      AFP  -  238 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      212 29 I M UNITED I COS L£ASNGIS«VCTSmUD Call Te1:471 3033 SINGAPORE BIISINESS/PARFUM MONTANA SUBSCRIPTION PROMOTION WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! Exclusive ■SRIQAPoKF Subscribe or renew your subscription now. 9 yJ" The first 100 subscribers will receive a bottle of Montana Eau De Toilette (75 ml)
      212 words
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      Page 29 Advertisements Column 2
      28 29 Contamer Schedule 17 My treats 17 Ma to Advertisers 3 Shvpng Gudt 10.11 Staps it Port 17 Singapore Tries 17 Meaiher and Sea CondOons 17 Weekly fact* 2
      28 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      122 30 Chinese Seaman recruiting centre looking for employer in Singapore. We joint venture with China Seamen Corp., and able to despatch Chinese crew for cargo vessel or fishery boat. Please contact "TRUE DRAGON IND LTD" HK CTC: BARRY CHONG TEL 852-*****39 FAX: 852-*****24 SP CTC: ABLE CHAN TEL: 224 5290 FAX:
      122 words
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      Page 30 Advertisements Column 2
      20 30 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times Technology in BT every Tuesday
      20 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1802 31 ——7 JARDINE shipping agencies «I||M 200 Cantonment Road #12-06 Southpoint, Singapore 0208 \llVfr T«t *****11 TELEX NO IS 2(179 I VCVnmV TERMINAL/CFS T«» *****11 220 rfmial BOOKINGS Tel *****34 235 L V??Qf J PESAKA JARDINE SNIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** pfNANG TEL *****4 TELEX
      1,802 words
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      Page 31 Advertisements Column 2
      1166 31 MUX TOfIDVERTISERS mmm I A 1 Macoline 18 2/3 L W Madju Sdn Bhd 16 1/2 ABC Containerline 13 5 Maersk Line 3 4/5 Accord Shpg 8 1-3 Mainfreight 15 4 Albatros Sea-Air 14 5 MISC 14 1-3 Alfred C Toepfer 15 5 M'sia Shpg Corp 9 1/2 Ahrenkiel Liner
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      Page 31 Advertisements Column 3
      2199 31 Vwhi Voy ETA I ETO "Poft 'Panang 1 DESTINATIONS Stngapora K»l»ng TM* MM M...r M woe ckwna Tm* fm<>W by n^22Ss2HEi3EiisH£itsiisß^Eßi^sSßSsi3^sßB^H M OAK LQB MOO MEM ATL MIA CMS BAL PML NYC MOW TO« MAREN M 9006 17/7 18/7 12/7 13/7 6/8 9/8 IQ/8 13/8 14/8 16/8 17/8 20/8 19/8
      2,199 words
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      1053 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE kasuga 10/seo nii 3 2/8 5/8 rrw AfJA RAY 10/584 15/7 1/8 «*8 CARDIGAN BAY M/ 583 19/7 13/J 9/8 Jg I B ed,NBURGH 32. St 20* S! IS. TOKIO EXPRESS 94/589 31/7 17/8 19/8 22/8 g^
      1,053 words
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      Page 32 Advertisements Column 2
      499 32 mREC^OUTI^ACin^ERVIC^^^^ sTn suv ppt BANGLAR MOOKH 16/7 30/7 6/8 ACCEPT ING CARGO VIA IuVA TO; lAUTORA, PACO l4cO, APIA NUKUALOAFA niRECT CHILE SERVICE STN IQO ANF VAP» BANGLAR MOOKH 16/7 22/8 23/8 27/8; IRINI 27/7 31/8 1/9 5/9 1 Alto acttut -g Urge to C<ltoo (Peru) V»l»> AflWti: SINGAPORE: *****36
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      Page 32 Advertisements Column 3
      1166 32 Egg iimn sin REGULAR IND€PEND€NT FULL COWTAXER SERVICE wI§T66UND FOR EUROPE VSL/VOY SIN ALG BCL Fa ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) «0T) NAM) NOR ASIA SUSAN 9019-3 13/07 03/01 0508 08/01 10/08 11« 12/08 11/08 15/08 ARABIAN SEA 9020-3 20/07 10/08 121* 15/08 IM* 20/06 19/08
      1,166 words
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      Page 33 Advertisements Column 1
      1715 33 s*Steamers Maritime Holdings Ltdj tfc—DJpn M wmstraits shipping! I OCU CT ftwn t» Bp«Mi East Miaysla, I Containers Voy No P Klanf S port Stan H burg B tu»«nß dam Loh ACC^^ S 001 SA,LS I kasuga I vxm >! BHu asj 12*7 omb ji*7 am rani dm* cargo TOLAGA
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      Page 33 Advertisements Column 2
      1594 33 TO: EUROPE TO: FAR EAST SP LN RDM HAM B'KVN FIX SPORE HK MO KOB BU HANJIN LEHARVE OOW 14/7 1/1 2/» V* W «n *vi "(Jt HANJIN FELIXSTOWE 003W 21/7 l/l M 1M 12/1 13/1 CMYAM MK W 2» W W W CHOYANC PARK 009W 21/7 I*l 1M 17/1
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      Page 33 Advertisements Column 3
      339 33 STRAITS/ JAPAN/ STRAITS SERVICE 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. Kelang 24/7 26/7 2/S Penang —ap Hong Kong Yokohama 13/8 Nagoya 11/8 15/8 Osaka 9/8 13/8 Scnboku 9/8 Kashima Hochiminh 'For
      339 words
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      Page 34 Advertisements Column 1
      621 34 n.IASAGETRI A Joint Europe Service Of: r.T. UMUCn UOYD •ft. SESUOI LLOYD r.T. SMOKM MOOIESU• P.T TDMOMUOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY SPORE HO AM/ H BURG BREMEN ANTWERP ADAM SRIWIJAYA/20WB 10-22/7 23/0 26/0 21/* 10 S. PANJANG/2SWB 29/7T/0 27/1 31/0 4fl 7/j KUTAI/20WB 16-10/0 15/0 11/0 21/9
      621 words
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      Page 34 Advertisements Column 2
      658 34 HANJIN SHIPPING FULL CONTAINER SERVICE HANJIN FELIXSTOWE 003W *1/7 M 9/1 MVS 12/1 13/1 OWf* l MjCCgagK *7 H fOMANCIBE W W CHOYANC PARK 009W 21/7 15/1 16/1 17/1 19/1 M HANJIN HAMBURG 001E I MI M CMOU ,w HANJIN OAKLAND OOMf Aft »l »/l !H 27/1 M> T/J AT
      658 words
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      Page 34 Advertisements Column 3
      1477 34 J -J -T PKL SCP HKC KSG KLC PUS HKT OSK SM2 TYO BAL NYC LHV ANW ROM FIX MBC SCP I EVE* GROWTH 16/7 17/7 2S/7 23/7 27/7 30/7 1/0 M W t/l 2/9 31/0 11/9 12/9 13/9 14/9 lt/9 9/10 I EVER GOING 23/7 24/7 31/7 29/7 M
      1,477 words
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      Page 35 Advertisements Column 1
      1527 35 1 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 Mlf CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NFPI INF SDN BHD MALAYSIA K L (03) *****33,
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      Page 35 Advertisements Column 2
      1163 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND va«u voyage |swt |mmu wont voyage twm pklahg neuRC r-maven tilbury nott awtop k umlowkit Mm a sm
      1,163 words
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      Page 36 Advertisements Column 1
      1280 36 K line KAWASAKI KISEN KAISHA. LTD. j IL—I Mill PI—J fSS FFr 555. s |Sg Fas S ssC T 5F I Lions sate mime ma? 20/ nn henry mm me x 124 i*t 174 I*l M JJ L JSSJ A JI.'!!!L i K 12! (JOINS MY MID« M 2*7 2S/7
      1,280 words
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      Page 36 Advertisements Column 2
      1168 36 PHILI-ORIENT LINES PTE LTD 38 (The Complete NVOCC Package) 16 JULY MONTREAL, OTTAWA, TORONTO, VANCOUVER S"WESTERN ONTARIO. 13 JULY EoJMN ST TH N UH C MR A Mr, WINNIPEG. OA III! V ?U» D S BAHRAIN ABU DHABI REGINA, SASKATOON, Z4 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, 1111W KAM LOOPS, VERNON,
      1,168 words
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      Page 37 Advertisements Column 1
      1284 37 SSStPff PACIFIC INTERNATIONAL LINES (PTE) LTD Mmm P»L Building, 140 Cecil Street *»00, Singapore 0106. I JAKARTA I I BANGKOK T aM VUML VOY SIN M(K SIN !"1 £L lini 13/7 IS/7 20/7 KOTA MA OA lON 140 170 110 KEi ATI I*m 14/7 IW7 IW7 PCOAIUt PROGRESS OMN 140
      1,284 words
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      Page 37 Advertisements Column 2
      1097 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint IjA Fax: 224 91 6 A™ Singapore 0208. Telex: RS ***** SPORE P.KLANG SHAMPTON "HAMBURG B'HAVEN ffDAM LHAVBE Kasuga r 10/580 12/7 6/8 31/7 2/8 30/7 5H gfiX IK V Ban liS 7« 9/8 12* City o< Edinburgh
      1,097 words
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      Page 37 Advertisements Column 3
      267 37 MYANMA mtt* nVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.Ktlw* P« HPA-AN VIS2W IWU JUI MERCUI VUO* 21/27 JUL MYONAVWA run 2V31 JUL THE BANK LINE (A tocvictofAndrtwWtir Shipping) \W SEMI CONTAINER SERVICE HEAVY LIFT CAMHII ITV I 1 EXPRESS TO PAPUA NEW GUINEA Sport COLUMBUS
      267 words
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      Page 40 Advertisements Column 1
      874 40 INTEGRATED CONTAINER SERVICE ycyocD nc CAfnii tfRVICF FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN I FLX I BRV I ROM ANT HBC RST ATLANTIC SEN WTO2S 14/7 W8 7/8 W W w. ficcK tm vHT 120 110 110 PARIS »una w iw 170 iw 200 W ULBRICHT 600 10
      874 words
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      Page 40 Advertisements Column 2
      1314 40 CRYSTAL FREIGHT <CF5> SERVICES PTE LTD ■v" TEL: *****86/*****22 WMIWaiBH FAR EAST PORT KELANQ 13/7 20/7 MANILA 15/7 22/7 PENANG 13/7 20/7 BUSAN 19/7 26/7 BANGKOK 16/7 20/7 TOKYO 19/7 26/7 HONG KONG 13/7 17/7 YOKOHAMA 19/7 26/7 KAOHSIUNG 15/7 22/7 KOBE 19/7 26/7 KEELUNG 15/7 22/7 JAKARTA 15/7 22/7
      1,314 words
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      Page 40 Advertisements Column 3
      155 40 TBBHre V«L VOY MOIOOAPOm OBAPMAM BWMAPOWt i VESSEL VOY SIN MAA SIN TIGER RIVER 119N 14-14/07 20-2107 27 21/07 ILOVIK 120N 19-20/07 20-27/07 02-03/08 TIGER RIVER 121N 27-20/07 03-04/08 18-11/80 VSL VOV SMOOAPOWE/CALCUTTA/MMOQAPOWt 4 VESSEL VOV SIN CAL SIN SUSAK 97CNB Sid 15-19/07 25 26/07 TIGER CREEK 90CNB 12-17/07 23-20/07
      155 words
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      Page 40 Advertisements Column 4
      1272 40 fa f§| CHINA OCEAN SHIPPING COMPANY W 1 "SSWS&£hX? m FULL CONTAINER LINER SERVICE 2S"CO»,p CR NO: U*****000M FAX: 22SUU General Agents: COCTAKIWIW IB MP COST Li t vissuyoi scp ax hot ham »ht dkk vehel/vor fix wt nam ant —om MP chun he/sw am hp hp hp mp up
      1,272 words
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      Page 41 Advertisements Column 1
      362 41 i CALCUTTA DIRECT SIN CAL TIGER CREEK 98 CNB 16/7 22/7 SUSAK 99 CNB 24/7 1/8 TIGER CREEK 100 CNB 30/7 6/8 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALLOL 18/7 CTC, WM^A BANGLAR PROGOTI M/ 7 S. KOREA, JAPAN ETA S PORE LOADING FOR MV ALRA2I 18/7 Ummqasr/Baghdad/Basrah/Mosul
      362 words
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      Page 41 Advertisements Column 2
      563 41 (Si RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Lines) Zm FAX: *****15/*****03 []j TELEX: RS ***** RISHIP (3 Lines) \\j&\ ETHIOPIAN SHIPPING LINES r (National Linos of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA I LOADING FOR SPORE ABBA* WOH2 25W8 28/0• DAfIESSALAAM. MOMBASA DJIBOUTI ASSAB,
      563 words
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      Page 41 Advertisements Column 3
      764 41 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPCCARGO FORWARDING AT TEL: 222Q25S WWAPOHI INDONCBIA BIRVICB VSL VOY SIN JKT PAJ SIN
      764 words
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      Page 41 Advertisements Column 4
      669 41 BANGKOK MANILA/CEBU ■AHA BHUM* 17H Thur 12/7 Sun 15/7 |AKA BMUM X UP VIP ZIP MEKHANIK KURAKO 17N Thur 12/7 Sun li/7 |SO ORIENT 29R BP M/ 7 26/7 mi o*l*4* <SSW fri \3P mm up wm np vt a PITA BHUM♦ 233N Son 15/7 IMd U/7 L, n.,c,r HT"
      669 words
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      Page 41 Advertisements Column 5
      403 41 V=—. POSEIDON CONTAINER ?CA\ TRANSPORT GMBH HAMBURG SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA ft TRANSSIBERIA SERVICES ACCEPT TO ft FROM INLAND DESTINATIONS 4 CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETO SIN 22/7 25/7 31/7 12 8 (VIA ILYICHEVSK) IRAN Djulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) EASTERN/CENTRAL FAR EAST EUROPEAN
      403 words
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      Page 42 Advertisements Column 1
      1129 42 iMAC-NELS SIN6APOREI ami m: mna I tb: m»^"| TEL: (04) *****6 1 TEL: (068) *****0 TAWAU TEL: (089} *****9* KELANG TEL: (03) *****77 LijCHING 1 TEL: (062) *****3 SKAN TEL: (089) *****2 r/\~ y BAHRU TEL: (07) *****2 |g(BU TEL: (064) *****2 LABUAN TEL: (087) *****9| CJ\y VIJIjAKARTA TEL (21)
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      Page 42 Advertisements Column 2
      453 42 BLUE STM LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL *LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, C HRISTCHURCH, DUNEDIN LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. Pl* AUCK LYT MANDAMA 0574 IS M J? 22" J^L PREMIER 07S
      453 words
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      Page 42 Advertisements Column 3
      787 42 SOON LINES PTE. LTD. II si Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO BABAH m iejt vessel m in uti KIM SOON LI WOT 14 JUL PENANG EQUATOR JADE 19/90E 15
      787 words
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      Page 42 Advertisements Column 4
      285 42 MHMiA ntAWIANWKYICT I Mappow Loading tar- I MAN EKRAM I»TH JULY Bandar Abba* I 4 (MM UN 91 Mnfc*) ix wst om/MBnct/camm AMERICA CWTAm IBVKI HM li UKMMM LCMOUAI S.CMU M—l> S«rS33 3 3 f Aha accapttni to attm Maifcan daatinatiara af ■aikali, Nwavo Larado, Mantarray, Nazatlan. Taatpico, Guadalajara. ■aixx
      285 words
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      Page 43 Advertisements Column 1
      679 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBUIK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, 110* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LAOING Penang* P. Kelang Singapore KAMALEVERETT 15/16 Jul 17/1S Jul THOMASEVERETT 27/2S Jul SHAPIAEVERETT 11/12 Aug WSV"EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTING
      679 words
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      Page 43 Advertisements Column 2
      619 43 FULLCONTAINER SERVICE accepting FCLJICL cargo* to UiA East A West Coast. Cambbtan.East Canada. HAITI. Guatemala «nd Honduras vsl [s pore Imainliner [lax Ikst |sav Inyc lwrx LEEWARD 15/7 ZIM TOKYO 15/1 Q4/I 27/0 29/1 31/1 2IN TRIESTE 19/7 2IM TOKYO IS/I MS 27/8 29/8 31,S ZIM YOKOHAMA 27/7 2IH PUSAN
      619 words
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      Page 43 Advertisements Column 3
      673 43 Msing kwang hang •NVMNO THAW—OWTAHOW (TTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 13/7 16/7 J6NWEL I 16/7 1 19/7 VESSEL S PORE BANGKOK A VESSEL 13/7 1«/7 A VESSEL 16/7 19T7 DESTINATIONS ETA SINGAPORE PORT KELANG 14 JULY MANILA 20 JULY HONG KONG. ALL CHINA PORTS
      673 words
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      Page 43 Advertisements Column 4
      565 43 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOV SPORE JKT S'BAYA TANTO SEJATI 01 12/7 15/7 PELOPOR 950 14/7 17/7 TANTO SEJATI 03 18/7 21/7 PELOPOR 951 21/7 24/7 TANTO UTAMA 89 19/7 22/7 TANTO UTAMA 91 27/7 30/7 TANTO UTAMA 93 3/8 6/8 TANTO
      565 words
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      Page 43 Advertisements Column 5
      382 43 E3— SIN FAI EAST 15/7 KEELUNG/KAOHSIUNG 14/7 BANGKOK 13/7 MANILA/CEBU 14/7 JAKARTA/BELAWAN/SURABAYA 14/7 PORT KELANG/PENANG/E. Malaysia 13/7 BUSAN 10/7 TOKYO/YOKO/KOBE/NGO/OSA 16/7 HONG KONG also accepting cargo to Htangpu/Shenzhen/Fuzhou/ Xtamen/Xingang/Shanghai sim mmm 14/7 LDN/FLX/LVP/SOU 14/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumama/Potand/Bulgaria/Czech. SIN MSA/CAMANA 16/7 LOS ANGELES/NEW YORK all IPI
      382 words
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      Page 44 Advertisements Column 1
      370 44 PLATOU PACIFIC Yt I SHIPPING SERVICES REGULAR FAR EAST N. AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: 222*111 SINGAPORE: FAX: 2262M9 HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 30/07 JAKARTA 01 /<» SURABAYA M/ 08 LOS ANGELES 02/08 06/09 OAKLAND 07/08 12/09 VANCOUVER B.C. 11/08 16/09 General Agent.: ANGLO
      370 words
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      Page 44 Advertisements Column 2
      629 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE BMTVIICW9O Sailed 26/7/90 27/7/90 2/8/90 IY V 11-90W 11/7/90 3/8/90 23/7/90 29/7/90 K V U V 12CW90 15/7/90 10/8/90 11/8/90 16/8/90 Y M V 12-90W 25/7/90 23/8/90 14/8/90 18/8/90 In viisow 14/8/90 8/9/90 29/8/90 3/9/90 MB V
      629 words
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      Page 44 Advertisements Column 3
      294 44 jfcfijU 04-*****2 03-*****55 778 6522(22 lines) SUA, Itertna Onfl Imm Ne/ChrMiM CMm ANm YmMnc Vaa FROM SOUTH EAST ASIA/FA» CAST TO USWC/USG/USEC MV NORMEN SLEVIK MV "ORTWEEN NOVA ETS BKK 12/7 ETA SINGAPORE FROM EUROPE/MED FROM ARGENTINA MV QU YUAN MV CAP VIUANO LOG OOESSA ETA KUANTAN 20/8 MV TBN
      294 words
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      Page 44 Advertisements Column 4
      179 44 INBOUND SERVICE FM USWC/EC/GULF SIN BKK ENCOURAGEMENT 012 17-20 Jul MERCURY RIVER 014 0142 Aug 05-07 Aug KONGO MARU 016 14-11 Aug 21-22 Aug ACCEPTING H/LIFT CARGOES TO BKK I FCL/LCL SERVICES VIGOUR PACWC SNB 13/7 VIGOUR PAOFIC 10NB 2V7 HONGKONG 13/7 15/7 KEELUNG 15/7 22/7 BANGKOK 13/7 20/7 BUSAN
      179 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      435 45 TIDES AND WEATHER TOOArS Tines (heidit In metres) HOW 0100 0100 0200 0300 MOO 0500 0600 0700 0100 ***************0 1300 MOO *****600 1700 HOC 1900 2000 2100 2200 2300 n 31 32 30 25 1.8 1.2 0.7 0.5 0.4 0.5 0.8 1.4 1.9 2.3 2.4 2.3 2.0 15 1-1 0.9
      435 words
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      Page 46 Advertisements Column 1
      411 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 02/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P BAHRU JAMBI TBN 30/6 INDONESIA COLOMBO
      411 words
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      Page 46 Advertisements Column 2
      583 46 4HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA JO PSW SIN HKG LBH OAK SEA CHI FROM PSW LiH OAK SEA HKC SIN iAI anma 33E 12/87 IM7 OWM OMB L2/H 11/H HYUNDAI EXPLORER 31W 04W6 07/01 10/06 2106 07/17 HYUNDAI CHALLENGER 35E 21/07 26/07 13/01 1808
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      Page 46 Advertisements Column 3
      368 46 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) Irrout ston irimt riuffli rtui leh n nm-i. "t—■ 9g SSSS^. CUT or BMWUMH Bp IP T" 1 :te»« U« KUKAMA an m IM u* m MEDITERRANEAN (MED CLUB)* JEDDAH WWUM miMHMu IST"'!*?" Tir"" ®sr IST** an or cdiiwuik* bp IS MIDDLE
      368 words