The Business Times, 12 July 1990

Microfilm: NL17036
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday July 12 1990 75*
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  • NEWS SUMMARY
    • Article
      Chinese party chief congratulates Gorbachev
      72 1 CHINESE Communist Party leader Jiang Zemin yesterday wished Soviet President Mikhail Gorbachev success after his re-election as leader of the Soviet Communist Party, and called on both sides to continue to develop friendly relations. East European diplomats said they believed it was the first such
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    • Article
      Intelligent' idea
      16 1 MOST DEVELOPERS think that an intelligent office environment will increase their competitiveness Page 2
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    • Article
      Satellite symposium
      31 1 THREE prime ministers from the Asia-Pacific, including Mr Lee Kuan Yew, will take part in a Pacrim trade and investment symposium through a satellite hook-up in September Page 2
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    • Article
      Terms for Soviet aid
      34 1 THE WORLD'S seven richest democracies plan to tell the Soviet Union that coordinated Western help for its tottering economy depends on implementation of radical economic and political reforms. Page 9
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    • Article
      Greenspan predictions
      32 1 US FEDERAL RESERVE chairman Alan Greenspan says that he sees a gradual reduction in US inflation and does not expect to see a sharp drop in real-estate values. Page 9
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    • Article
      Diplomatic delicacies
      31 1 THE ECONOMIC world focused on the business of the seven leading industrial powers, but Houston's food community has been obsessed with the politics of the culinary summitry Page 15
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    • Article
      New round of cuts
      34 1 ANOTHER ROUND of cuts in port charges is in the offing, barely nine months after the last tariff revision which spelt lower costs for efficient operators. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      32 1 WALL STREET headed higher early yesterday, bouncing back from the Tuesday's late slump. The Dow Jones average of 30 industrials rose 12.38 to 2,903.22 in the first hour of trading.
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    • Article
      Footsie higher
      28 1 LONDON share prices were higher at midday yesterday. At 12.15 pm (1115 GMT), the FT-SE 100-share index was up 22.4 points, at 2,349.9, its session high.
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    • Article
      Kuok firms buy stake
      27 1 TWO KUOK GROUP-related companies have bought a combined substantial stake in Ses-daq-listed GB Holdings for a cash consideration of $17.28 million Page 3
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    • Article
      Old hand for FCC
      38 1 FIRST CAPITAL Corporation, which is laying the groundwork for a major thrust into the financial services, is likely to get an experienced banker into its management team in Mr Heng Chiang Meng Page 3
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    • Article
      Chem Bank revamps
      32 1 CHEMICAL BANK will beef up its treasury operations in Singapore following the winding down of its Taipei branch office and closure of its Hongkong foreign exchange operations Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 799.17 +2.97 Kuala Lumpur ...594.33 +1.76 Hongkong 3,440.93 +32.77 Tokyo 32,294.18 +141.75 Sydney 1,591.3 +10.3 Tuesday Change New York 2,890.84 -23.27 London 2,327.50 -10.0
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.8110 Yen S$ 1.2208 M$ SS0.6700 Money market rates Overnight 5 3/4 -I 3-month 7 1/2 -1/8
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    • Article
      COMMODITIES
      35 1 London GoM PM fix US$354.30 US$0.30 Rubber S'pore Aug... 154.25'/kg -0.50 M'sia Aug M230.00 Vkg -1.00 KL Tin Turnover 84 tonnes -3 Spot M$15.93/kg +23 Crude palm oil Turnover I071lots +339 Jul M$668/tonne -3
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  • Article
    In don exports to China to enjoy tariff cuts from next month
    491 1  -  From Catherine Ong in HONGKONG INDONESIAN businessmen are likely to enjoy an across-the-board cut in tariffs for a whole range of exports to China when the two countries tie the diplomatic knot next month. But travel restrictions on
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  • Article
    Riau arrangement offers model for Asean: BG Lee
    383 1  -  INDONESIA FORUM From William Chia in JAKARTA THE ECONOMIC cooperation between Indonesia and Singapore on the Riau islands could offer a model for similar relations between Asean members. Singapore's Trade and Industry Minister, Brig-Gen (Res) Lee Hsien Loong, said the dissimilarities in
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  • Article, Illustration
    US dollar remains under pressure
    196 1 THE US DOLLAR remained under pressure yesterday amid growing speculation that American interest rates are headed lower while Japanese rates are set to climb. By 1000 GMT, the US dollar had eased to 147.90 yen in London, down from 149.60 yen at the close in
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  • Article
    McDonald's seeking new advertising agency
    412 1  -  By Schutz Lee THE ADVERTISING industry was taken by surprise yesterday when fast-food giant McDonald's and local ad agency DNC Advertising announced that they will be parting company after three successful years. They will go their separate ways as of Sep 13, when the current
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  • Article
    Indon govt officials paint bullish economic scenarios
    328 1  -  From Genevieve Cua in JAKARTA TOP Indonesian government officials have painted a rosy picture of the country's performance in terms of exports, foreign and domestic investments, and tourism. These factors are expected to help bring the debt service ratio down to the targeted
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  • Article
    Lock icon Pressure on Taiwan to cut trade surplus with S-E Asia
    198 1 Reuter TAIWAN'S trade sarplus with Hongkong and five South-east Asian countries exceeded its surplus with the United States in the first half of 1990, and trade officials said Taipei was facing mounting pressure to reduce the imbalance. Official figures showed
    Reuter  -  198 words
  • Article
    Lock icon Disputed Thai govt Bill passed
    89 1 AFP THAI PRIME MINISTER Chatichai Choonhavan's controversial Social Security Bill swept through Parliament yesterday with all 330 MPs present voting in favour. More than 100 opposition MPs supported the Bill. The vote came only five days after the Bill was rejected by the military-dominated Senate.
    AFP  -  89 words
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      241 1 fßurberrysl 5 <co J LFJffSv. C 1 I 5 Reigns when it pours THE MAKING UP OF TWO GIANTS 10 NEED TO THAW COLD WAR ATTITUDES 11 UK AGENCIES SHORTLISTED 12 Advertising Marketing 12 Aircraft Schedule 25 Commodities 24 Cryptic Crossword 25 Financial News 7 Futures Options 23 Interbank Fore*
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      Page 1 Advertisements Column 2
      95 1 BALLY of Switzerland EDW\RD *<k' ARM Sally Singapore Pie Ltd The making up of two giants, Pg 10 More reports, Pg 8 ***** Mil IE i n Si Wearing a white shirt is a great way to cover-up a dandruff problem N if you're not party to a little Vitalis
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        BG to open high-powered physics conference
        73 2 THE Minister for Trade and Industry and Second Minister for Defence (Services), Brigadier-General (Res) Lee Hsien Loong, will open the 25th International Conference on High Energy Physics at the Raffles City Convention Centre on Aug 2. The seven-day conference is one of the most
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      • Article
        Anti-smoking medal for S'pore
        47 2 THE World Health Organisation had awarded the World No-Tobacco Day Medal 1990 to Singapore, said the Ministry of Health yesterday. It also said that the medal acknowledges Singapore's valuable contribution to protecting the health of its Citizens from the ill-effects of tobacco use.
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      • Article
        Design competition
        71 2 LOCAL or foreign-owned manufacturers or companies will have a chance to enter their best-designed packages in this year's Singapore Star/Asia Star Award organised by the Packaging Council of Singapore. The Singapore Manufacturers' Association said yesterday that the objective of the competition is to foster the importance of good
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      • Article
        Fax Net to Philippines
        58 2 THE International Fax Net service is now available to the Philippines, said the Singapore Telecom yesterday. The charge per page for subscribers is A 4 (normal) $1.73, A 4 (fine) $2.42, B4 (normal) $2.00 and B4 (fine) $2.66. There are plans to extend the service to
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      • Article
        Publicity for MRT contractors
        85 2 THE Mass Rapid Transit Corporation (MRTC) together with the Trade Development Board (TDB) has produced a brochure to promote the contribution of Singapore contractors involved in the construction of the MRT. Trackline, a publication of the MRTC, said the brochure would help market the experience of
        85 words
    • Article
      Intelligent buildings are the in' thing, survey shows
      364 2  -  By Lim Mui Khi MOST developers and tenants think an intelligent office environment will increase their competitiveness, a recent survey has found. And there is about $2 billion to $3 billion worth of building projects with varying degrees of building intelligence that
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    • Article, Illustration
      'Holland House' plan for Singapore
      326 2  -  By Shoeb Kagda HAVING successfully established a warehousing and distribution centre for Singapore goods in Rotterdam, the Singapore Chinese Chambers of Commerce and Industry (SCCCI) and Rotterdam are exploring the possibility of setting up a similar centre in Singapore for Dutch products. The possibility of
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    • Article
      No discord with Straits Trading, says French Embassy
      269 2  -  By Lilian Ang THE FRENCH Embassy yesterday denied that it had had any disagreement with the Straits Trading group over its occupation of premises in Gallop Road, which are slated to be acquired by the Singapore Government. Referring to a Straits Times
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    • Article
      Lee and other premiers to take part in Pacific Rim symposium via satellite
      455 2  -  By Harish Mehta THE PRIME MINISTERS of Singapore, Malaysia, Thailand and Australia are to take part via a satellite hookup in a key finance, trade and investment symposium on the Pacific Rim. The symposium, which will also
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      225 2 j j anagers Iw I anage BT shows you how every Monday. »CI AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE < i z o 1/1 0 5 m < > z z < > m 1 fmf HH^HHH z When
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      Page 2 Advertisements Column 2
      450 2 I Sin,,p.,« 26-27J u l» 1™- Hilton H0..l I I Kuala Lumpur 30-31 July 1990 Hilton Hotel Presenting an outstanding I Dr. Bungo Ishlzaki Top level speakers will address pertinent issues like: panel of international local I Stflto' Adviser Investments Current Opportunities in Hotels At industry experts: I EIE lntgTnat
      450 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Shangri-La, PCL buy 12.67 pc of GB Holdings
      368 3  -  By Lim Mui Khi TWO KUOK group-related companies have bought a combined substantial stake in Sesdaq-listed GB Holdings for a cash consideration of $17.28 million. A statement issued by trading group Inchcape Bhd yesterday said the company sold its entire 12.67 per
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    • Article
      Lock icon Berjaya and Sports Toto to float Singer
      295 3 Bernama BERJAYA Corporation (M) Bhd and Sports Toto Malaysia Bhd have received inprinciple approval from the authorities to float their subsidiary company, Singer Holdings (M) Bhd, on the Kuala Lumpur Stock Exchange. Beijaya and Sports Toto are two companies in the In-ter-Pacific Industrial
      Bernama  -  295 words
    • Article
      Fairbanks increases stake in Tong Meng to 50.7 pc
      267 3 FAIRBANKS HOLDINGS, which is controlled by Tan Sri Teh Hong Piow, has increased its stake in Tong Meng Industries to 50.7 per cent, and its general offer to acquire the remaining Tong Meng shares has now become unconditional. Making the announcement
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    • Article, Illustration
      Heng Chiang Meng to join FCC as MD
      322 3  -  By Elaine Koh FIRST Capital Corporation, which is laying the groundwork for a major thrust into the financial services, is likely to get an experienced banker on its management team in Mr Heng Chiang Meng. Mr Heng, also Member of Parliament for
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    • Article
      PCL: Timely lesson in prudence
      661 3  -  THE HOCK LOCK SIEW COLUMN By David Gabriel EUPHORIA sometimes has a nasty habit of turning sour. For a while now, this has been the underlying threat facing investors, especially small investors, in new share listings. It was only a question of when and what
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    • Article
      Lock icon M'sian investors may take 51pc of steel mill project
      404 3 MBT LION CORP and other Malaysian investors are likely to invest M 51.19 billion for a 51 per cent stake in the first phase of the proposed integrated steel mill project with China Steel Corp (CSC) of Taiwan. The entire project,
      MBT  -  404 words
    • Article
      Details of unit trust firm not available yet: MBf
      142 3 MBf FINANCE Bhd said it had not finalised the formation of its proposed unit trust management company. "We are therefore not able to provide details on the name of the company, its paid-up shares and the bumiputra parties participating in its
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    • COMPANY BRIEFS
      • Article
        George Kent plant nears completion
        253 3 GEORGE KENT (Malaysia) Bhd is in the final stages xjf" setting up a Ms2s million fully-integrated brass extrusion plant. The plant, which will process about 6,000 tonnes of brass and copper scrap annually, will be the first of its kind inMalaysia. It added that a
        253 words
      • Article
        LTAT raises Boustead stake
        57 3 LEMBAGA Tabung Angkatan Tentera (LTAT) purchased 80,000 shares of 50 sen each in Boustead Holdings Bhd on July 9 at M 52.85 per share. Following this purchase, LTATs shareholding in Boustead has increased from 60.95 millido shares to 61.03 million shares or 34.29 per cent of
        57 words
      • Article
        Sri Hartamas estimates yield
        94 3 SRI HARTAMAS Corporation Bhd said its joint-venture with Mega Master (M) Sdn Bhd to develop a condominium scheme will yield a minimum return of Ms3o million the joint-venture period of about six years. Sri Hartamas acting chairman Chong Wai Hiong said in the company's 1989 annual
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      162 3 I EXECUTIVE I I JOBS 1 "Y Tkere Are Dvome Wko Recognise Tke raft Of Gerald GenU. And Tliere Are Tlioae Wko an ALo Afford K The watchmaking genius of Gerald GenU is encased in every timepiece lie designs. Each is a treasure. And each carries his name to bear
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        HK's Swilynn makes bid for Teletech
        100 4 VIDEO CASSETTE manufacturer Swilynn International Holdings Ltd will make a general offer for all issued share capital of Teletech International Holdings Ltd it does not already own, a Stock Exchange statement said yesterday. The statement said Swilynn will offer HK$4.5 in cash plus two
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      • Article
        Sony's new method
        51 4 JAPANESE ELECTRONICS giant Sony Corp plans to publish annual profits by geographic zone and by sector to give investors a better idea of the firm's performance, company sources said on Tuesday. Sony's plan may be finalised by the end of the current fiscal year April 1 next
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      • Article
        Sumitomo buys Indosuez stake
        53 4 SUMITOMO METAL Mining Co said on Tuesday it has purchased Indosuez bank's 21 per cent stake in Etablissements Ballande SA, the French mining firm and New Caledonia's second largest nickel producer. The major Japanese mining company paid some 3.8 billion yen (US$25 million) for the deal,
        53 words
      • Article
        Bond Corp postpones decision
        68 4 HONGKONG-BASED Bond Corp International Ltd (BCIL) said in a statement it had postponed until July 16 a decision on the purchase of the 50 per cent stake in a Rome property development it does not already own. The postponement will allow shareholders to meet. It follows
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      • Article
        Information to be shared
        55 4 A JAPANESE CONSORTIUM and West German firm Siemens AG have agreed to share information on super-conduct-ing power generators, one of the Japanese firms said on Monday. The deal provides for the partners' research teams to meet about once a year to exchange information about their work
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    • Article
      Lock icon Japanese firms in big fax deal with E Europeans
      376 4 FT TWO privately-owned Japanese electronics companies have signed a joint venture to produce facsimile machines in East Germany in the first large manufacturing investment in Eastern Europe by the Japanese electronics industry. Mei Japan and Nissei Opto have stolen a march
      FT  -  376 words
    • Article
      Lock icon 'S-E Asia is fastest growing cement market'
      386 4 Reuter BUILDING materials group Blue Circle Industries pic is bullish about the cement industry in South-east Asia which it estimates will be the fastest growing market worldwide. "We are talking about double-digit growth compared to 5 per cent in Europe," Blue Circle's group
      Reuter  -  386 words
    • Article
      Lock icon Forestcorp posts net surplus of NZ$ l37m
      245 4 Reuter STATE-OWNED Forestry Corp of New Zealand Ltd (Forestcorp), which is selling cutting rights to the 550,000 hectares of state forests it manages for the government, posted a net surplus of NZ5137.88 million in the March 1990 year, against NZ582.39 million last year.
      Reuter  -  245 words
    • Article
      Krakatau to buy Cold Rolling Mill
      218 4 INDONESIA'S state-owned PT Krakatau Steel will probably take over money-losing PT Cold Rolling Mill Indonesia (CRMI) sometime this year. The Jakarta Post on Tuesday quoted Minister of Industry Hartarto as saying that PT Krakatau, which owns 40 per cent of CRM I, needed about
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    • Article, Illustration
      Lock icon Koito accuses Pickens of distorting facts
      270 4 Reuter KOITO Manufacturing Co has accused Texas investor T Boone Pickens of continued distortion of facts surrounding his attempts to gain four seats on Koito's 20member board. Koito's statement follows comments made by Pickens in Houston, where he told a press conference he hoped
      Reuter  -  270 words
    • Article
      Lock icon Damage to Aussie building societies
      216 4 Reuter THE head of Australia's largest building society said yesterday that the collapse of a building society group in Victoria may have damaged confidence in the industry, but it was too early to tell what the long-term effect would be. "We can only tell over
      Reuter  -  216 words
    • Article
      Lock icon Tokyo firms, Czech bank in joint venture
      182 4 AFP THREE JAPANESE firms are to set up a retail joint venture with a Czechoslovakian bank to help modernise its commercial network to lure more foreign tourists, a Japanese partner said yesterday. The new firm, SSB-Anti Co, will be set up with initial
      AFP  -  182 words
    • Article
      Lock icon Asean to set up potash project
      254 4 Reuter THE ASSOCIATION of South-east Asian Nations (Asean) has agreed to form a USS2B9 million joint venture to produce potash in northeast Thailand. Visit Noipan, director general of Thailand's mineral resources department, said Asean Potash Mining Co Ltd will produce one million tonnes of
      Reuter  -  254 words
    • Article
      Lock icon Japan's M & A gap continues
      129 4 Japan's M A gap continues AFP JAPANESE firms bought 226 foreign companies in the first half of 1990 while foreigners bought only eight Japanese companies, Yamaichi Securities said on Tuesday. In 1989, Japanese acquisitions abroad numbered 405 compared with 15 foreign acquisitions in Japan. Despite a weakening yen, Japanese firms
      AFP  -  129 words
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      207 4 lIS. FOODS CROWNED PRINCE ETiiii HiliJi"»»»»»»»»»»»»» flllll* I mill )*o\v k I V C 1 iiiiiiin\ W7\ "iiinii* I I \V\ r^v y,,,,»»»»»»\ A; \iiiiiini j tlllllllll S v\ tlllllll (f n I fiiiiiiiini\l j Kiiiim y IN;::::" I:;::::::::::::?)/ A k\ kiiiiiiiiiif A J V:» A 4 X Jar KXlll
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      16 4 CAFE BAR IN ORCHARD ROAD FOR TAKEOVER (575 sq ft) at 1 50K 0.n.0. CALL *****83
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon French giants Lyonnaise, Dumez may merge
      429 5 FT LYONNAISE DES EAUX, France's second largest water distribution group and Dumez, the country's second largest construction company, are considering a merger which would create an industrial group with annual sales of around French francs 50 billion (US$9 billion). Their respective boards were to
      FT  -  429 words
    • Article
      Lock icon Brits buy lion's share of foreign stocks
      149 5 AFP BRITISH investors topped the list of buyers of foreign shares worldwide last year, well ahead of their US and Japanese counterparts, according to a report published in London on Tuesday. British investors bought foreign shares worth a net US$29.B billion during the
      AFP  -  149 words
    • Article
      Lock icon Jacobs to get over 2b francs for Suchard
      296 5 Reuter BUSINESSMAN Klaus Jacobs will get more than two billion Swiss francs in cash for the sale of Swiss coffee and confectionery firm Jacobs Suchard AG to Philip Morris Cos Inc, according to the formal offer document. The prospectus said Mr Jacobs
      Reuter  -  296 words
    • Article
      Lock icon Nike sprints strongly ahead
      261 5 Reuter NIKE Inc, an American athletic shoe manufacturer that scored record profits in its fiscal year just ended, is poised for another year of strong earnings. Nike, which on Monday reported that earnings for its fiscal year ended May 31, 1990, totalled U*****.9 million, or $6.42
      Reuter  -  261 words
    • Article
      Lock icon Adidas suitor goes prowling for funds
      247 5 Reuter FRENCH bank Caisse Nationale de Credit Agricole and insurer Assurances General es de France (AGF) have received loan requests from French entrepeneur Bernard Tapie, who is trying to raise money to help pay for his 80 per cent bid on Adidas AG. A
      Reuter  -  247 words
    • COMPANY BRIEFS
      • Article
        Securities analyst suing Trump for defamation
        114 5 A SECURITIES analyst, fired by his firm after questionipi the outlook for US developer Donald Trump's Taj Mtnjtt casino, on Tuesday filed suit against the developer saying Jie had been defamed. Marvin Roffman also filed an action before an arbitration panel of the New
        114 words
      • Article
        No comment from Renault
        93 5 FRENCH truck maker Renault Vehicules Industriels (Ryi) said it had no comment to make on a legal action by three Mack Trucks Inc shareholders who are challenging its USS6 a share buyout of Mack shares. Three Mack Trucks shareholders sued in US District court in Philadelphia
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      • Article
        Stock speculator found guilty
        55 5 FORMER high-flying stock speculator John Mulheren was found guilty on Tuesday on four counts of securities fraud_ (pr helping Ivan Boesky break securities laws in exchange Wr inside information. But the jury was deadlocked on 26 other charges. Judge Miriam Cedarbaum sent them back to contia?
        55 words
      • Article
        Siemens in talks
        46 5 ELECTRONICS group Siemens AG confirmed it was in with Canadian auto parts maker Magna International Inc, but said no further details were available. A spokesman for Semens' Automotive Systems division also said the talks di<Tfk* have to be concluded at a specific date. >
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      • Article
        GE's synthetic diamonds
        52 5 GENERAL ELECTRIC Co said on Tuesday its scientists have grown unique synthetic diamonds with unexpected pHJperties, including the ability to function as the world's Jwa conductors of heat. A GE subsidiary, GE based in Worthington, Ohio, will manufacture and markefcttj gem-quality crystals initially to manufacturers electronics, lasers
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      • Article
        Trust ordered to stop paying
        72 5 A FEDERAL District Court judge on Monday ordered the Manville asbestos victims trust, which is running out o£ money, to stop making payments to victims and their lawyers until Aug 6. Judge Jack Weinstein ordered the payments bd temporarily halted until the financially troubled trust
        72 words
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      254 5 Wk.\ —M !3 v^lll ,4 I I A FURTHER EVIDENCE OF OUR ENGINEERS' ACUTE SENSE OF HEARING They listen closely to the comments of Jaguar drivers. A new engine management system which cuts throttle All the while, new computerised, advanced anti-lock and the finest inlaid veneer. These have been incorporated
      254 words
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      2969 6 m M MUI BANK BERHAD (Formerly known as Malayan United Bank Berhad) (Incorporated in Malaysia) A member of The ML). Group I Matunngwithm one year 922,278.461 923 171.473 907,763,694 912 054 800 I 15. EXPENDITURE Balance Sheet Ooe year to live years 199,307,213 278.707.537 209,644.215 285.647.118 Aaal3l..De<*mt~l9B9 Over hve years
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  • FINANCIAL NEWS
    • Article, Illustration
      Chemical Bank shifts HK forex operations to S'pore
      353 7  -  By Quak Hiang Whai CHEMICAL BANK will beef up its treasury operations in Singapore following the winding down of its Taipei branch office and closure of its Hongkong foreign exchange operations. The Hongkong dealing operations will be moved to Singapore, bringing with
      353 words
    • Article
      Lock icon Saigon hotel to take Visa card
      246 7 AFP MOST overseas visitors will soon be able to use credit cards to pay for bills in Vietnam for the first time in more than 15 years, staff at the Saigon Floating Hotel said on Tuesday. The luxury hotel hopes to start accepting Visa
      AFP  -  246 words
    • SMALL CHANGE
      • Article
        Ministers to attend Bundesbank meeting
        66 7 WEST GERMAN Finance Minister Theo Waigel and East German Prime Minister Lothar de Maiziere and Finance Minister Walter Romberg will attend the Bundesbank's council meeting today, a Bundesbank spokeswoman said. The meeting, which will be chaired by Bundesbank President Karl Otto Poehl, will be held
        66 words
      • Article
        NTT bonds given top rating
        98 7 MOODY'S Investors Service Inc has given its top rating of AAA to Nippon Telegraph and Telephone Corp's USS2SO million Eurobond offering due in 1997. The Tokyo branch of the US rating agency said on Tuesday that it had assigned the rating based on the domestic
        98 words
      • Article
        Fay Richwhite as lead manager
        94 7 FAY RICHWHITE and Co Ltd is lead managing a NZ$25O million global bond issue for the World Bank. The bonds carry a 12.5 per cent coupon and mature on July 25, 1997, Fay Richwhite spokesman John Lockie said in Wellington on Tuesday. They will be
        94 words
      • Article
        Two UK accountants to merge
        77 7 UK CHARTERED ACCOUNTANTS Touche Ross and Spicer and Oppenheim said in London on Tuesday that they will merge from Aug 1, subject to approval from the Office of Fair Trading. A joint statement said the firm will practise under the name Touche Ross and Co
        77 words
    • Article
      Lock icon Spain moves to slow rise of peseta
      177 7 Reuter THE Spanish government has asked its 17 autonomous regions to limit foreign borrowing in a move designed to help slow the rise of the peseta. It also denied on Monday that there had been any recent central bank intervention. Secretary of State
      Reuter  -  177 words
    • Article
      Nikko lead managing US$ 100m issue for Kao
      272 7 NIKKO MERCHANT Bank (Singapore) is lead managing a US$lOO million Asian tranche of a bond-cum-warrant issue for Japan's Kao Corporation, the Japanese merchant bank said yesterday. This is the first Japanese bond-cum-warrant issue in Asia this year since the Japanese stockmarket plunge
      272 words
    • Article
      Lock icon MMI seeking E European business
      210 7 Reuter MARSH and McLennan Companies Inc (MMI) of the US, the world's biggest insurance broker, said on Tuesday that it was eyeing business opportunities in Eastern Europe. "We've made a commitment to taking a very serious look at East European countries. It's the only part
      Reuter  -  210 words
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      42 7 i CHARLES JOURDAN monsieur Boutique *01 04 The Promenade Singapore 0923 Tei *****88 Corners Level 2 Gaienes Lafayette Singapore 0923 Tei *****68 Level 2 Tokyu Dept Store Manna Square Singapore 0103 Tei W***** Also available at leading Department Stores and Authorised Dealers.
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  • Page 7 Miscellaneous
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  • THE REGION
    • Article
      Jakarta exchange yet to realise full potential
      226 8 THOUGH the Jakarta Stock Exchange (JSE) has been growing very fast, its full potential is far from reached. Mr Marzuki, chairman of the Capital Market Executive Agency (BAPEPAM), the JSE watchdog agency, made this comment at the Indonesia Forum yesterday in an effort
      226 words
    • Article, Illustration
      Indonesia going ahead with plans for nuclear energy
      456 8  -  INDONESIA FORUM From Genevieve Cua in JAKARTA INDONESIA will face a shortage of electricity by next year, if nothing is done to augment current energy facilities, and the economy continues to grow at a robust rate. Indonesian Minister of Mines and Energy
      456 words
    • Article
      Plans for toxic waste plants
      179 8 FEASIBILITY studies are currently underway for the set-up of three toxic waste facilities in Java and Sumatra, said Professor Dr Emil Salim, Indonesia's State Minister of Population and Environment. Dr Salim said that the plants will have to reduce the hazardous waste content of chemicals,
      179 words
    • Article
      Apec cuts across natural bloc lines
      455 8  -  From William Chia InJAKARTA THE ASIA Pacific Economic Cooperation (Apec) initiative is a multi-lateral forum which allows Asean countries to participate with the major economic powers without being dominated by them. Trade and Industry Minister Brig-Gen (Res) Lee Hsien Loong said that this was
      455 words
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      Page 8 Advertisements Column 1
      1209 8 Q Aktiengesellschaft Supervisory Board Consolidated Balance Sheet condensed at 31 st December 1989 with comparative figures r<* cm Liabilities Helmut Kahier dww Fr«r*twi/M»n o«puty cntmar Assets Professor Dr.rer.pOl.Dr.h.C.mult. Pro««Mor of Business Economics at the Horst Albach Fn»oncJvWith«tT>s-Univ«r»ity of Bonn Bonn Bad GoOssOarg December 31.1989 December 31.1988 December 31,1989 December 31.1988
      1,209 words
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  • THE WORLD
    • Article
      Lock icon G-7 buys time on issue of Soviet aid
      481 9 Reuter THE WORLD'S seven richest democracies plan to tell the Soviet Union that coordinated Western help for its tottering economy depends on implementation of radical economic and political reforms. The Group of Seven nations (G-7) are divided over the pace and magnitude
      Reuter  -  481 words
    • Article
      Lock icon Stronger yen vital to narrow trade imbalance
      464 9 Reuter A STRONGER YEN is essential to narrow the huge trade imbalance between Japan and the United States, a group of business leaders from the two countries agreed on Tuesday. The 27th annual JapanUS business conference closed in Osaka with a joint statement
      Reuter  -  464 words
    • Article
      Lock icon Japan's trade surplus raising its head higher again
      432 9 Reuter JUST WHEN it looked under control, Japan's politically sensitive trade surplus may be on the upward curve again. After nine months of a continuous year-on-year drop in exports, trade data are likely to show that more Japanese products were exported to
      Reuter  -  432 words
    • Article, Illustration
      Lock icon Well done, comrade
      25 9 AFP picture Soviet President Mikhail Gorbachev (centre) being congratulated by delegates after being re-elected Secretary-General of the Soviet Communist Party central committee
      AFP picture  -  25 words
    • WORLD WATCH
      • Article
        Asean officials discuss farm cooperation
        88 9 MALAYSIAN Agricultural Minister Sanusi Junid yesterday called for establishing an efficient system to transfer technology and information on agriculture among the six members of Asean. The system must provide for the continuous exchange of reliable information on international and local market supply and demand and
        88 words
      • Article
        Call for lifting of US embargo
        118 9 THE US SHOULD lift its economic embaigo of Vietnam or businessmen from Japan and other countries will corner all trade and investment opportunities, says the American Chamber of Commerce in Thailand. Such a move could also help stem the exodus of boat people fleeing
        118 words
      • Article
        Boost to border trade
        79 9 CHINA and Pakistan have agreed to increase their trade across the 5,150-metre Khunjerab pass by 150 per cent, officials in Islamabad said yesterday. The common border at Khunjerab on the ancient Silk Route was opened last week after a two-month delay believed to be linked to
        79 words
      • Article
        Nato officials for meeting?
        62 9 THE Soviet Union has suggested inviting Nato officials to take part in Warsaw Pact meetings now that the Cold War is over. East German Foreign Minister Markus Meckel, speaking after a visit to Nato headquarters yesterday, said that Soviet Foreign Minister Eduard Shevardnadze had made the
        62 words
      • Article
        Manila foreign debt down
        81 9 THE Philippine foreign debt stood at U5526.14 billion in April, down by 5.3 per cent from the end-1989 figure and US$2OO million less than the previous month's total. The Central Bank said yesterday that medium- and long-term t obligations accounted for 83.78 per cent of the
        81 words
      • Article
        Seoul to buy more LNG
        85 9 SOUTH KOREA has decided to buy more liquefied natural gas from Indonesia this year and next year. The Energy and Resources Ministry said yesterday that the purchase will be in addition to two million tonnes of LNG South Korea annually imports from Indonesia under a
        85 words
      • Article
        Helping the countryside
        94 9 PHILIPPINE and US officials have arrived in the southern Philippines to launch a three-billion peso project, financed mostly by foreign donors, to help stimulate rural development. The South Cotabato Development Project consists of several projects such as the construction of roads, irrigations systems and ports, the expansion
        94 words
    • Article
      Lock icon US-Soviet trade set to boom, says Mosbacher
      382 9 Reuter TRADE BETWEEN the United States and the Soviet Union looks set to boom over the next few years as the two countries work together to promote stronger economic ties, US Commerce Secretary Robert Mosbacher said. Declaring that trade not aid is the
      Reuter  -  382 words
    • Article
      Lock icon Foreign firms in US paying taxes at below lpc: IRS
      511 9 AP FOREIGN COMPANIES operating in the US chalked up US$6B6 billion in US sales in 1987 but paid a far lower federal income tax rate than the average middle-in-come family. The Internal Revenue Service said yesterday that US subsidiaries together
      AP  -  511 words
    • Article
      Lock icon US budget director looking to 1994
      133 9 Reuter US BUDGET director Richard Darman has said the US budget could not be balanced before fiscal year 1994, assuming the White HouseCongress budget talks reach agreement on deficit cuts. "We would not achieve a balanced budget until 1994 (if the budget summit is
      Reuter  -  133 words
    • Article
      Lock icon Tokyo hotels in space war to satisfy demanding clientele
      515 9 Asahi TOKYO'S top hotels are locked in a space war, undergoing massive renovation to enlarge their rooms. The costly refurbishing is designed to accommodate increasingly rich and demanding guests, according to operators. Most hotels are creating space simply by eliminating single
      Asahi  -  515 words
    • Article
      Lock icon Greenspan foresees lower inflation
      157 9 Reuter FEDERAL RESERVE chairman Alan Greenspan said on Monday that he sees a gradual reduction in US inflation and does not expect to see a sharp drop in real estate values as overall inflation is brought under control. In written answers to questions from the Senate
      Reuter  -  157 words
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  • Article
    Old wine, new solutions
    446 10 EDITORIAL RAISING the retirement age to 60 has been an on-going issue since the government first broached the subject back in 1987. How far have we come in the debate? Singapore has reached a general consensus that it must exploit, and extract the most from, its
    446 words
  • WHAT THE OTHERS SAY
    • Article
      What price loyalty?
      260 10 IN RECENT MONTHS, much has been heard about the sacrifices reservists make for the nation and how these are not adequately recognised and rewarded. A group of reservists even cited reservist training as a reason for emigration. In response, the government has set up a special panel
      260 words
    • Article
      Goal-setting time for Fifa
      94 10 THE recently concluded World Cup must have disappointed legions of fans the world over. Additionally, soccer zeal brought out the best and worst in us. Driven by nationalistic pride, the game at times turned ugly. Sportsmanship went out the window. Even in victory, jubilant Germans have
      94 words
    • Article
      Wise counsel on China
      134 10 AN ISSUE raised by Japan at the Group of Seven summit is the lifting of economic sanctions against China by the industrialised countries. It is an issue close to the hearts of regional leaders since it affects directly China's economic modernisation, and, indirectly, the growth of
      134 words
  • REGIONAL VIEWPOINTS
    • Article
      Cry timber!
      213 10 WHEN the nationwide logging ban was imposed by (Prime Minister Chatichai Choonhavan's government) following the devastating floods in the south in 1988, Thai logging firms flocked into Burma to look for an alternative source of timber. There they were warmly greeted by the Burmese military junta which seems
      213 words
    • Article
      Tough task ahead
      162 10 THE Senate's rejection of the government-spon-sored social security bill last week was a major political setback to the prime minister. It came at a time when he was still trying to convince the public that his strained relations with the military had healed. Now there is even
      162 words
    • Article
      A realignment of power
      172 10 FOR Beijing, the softening of attitudes among the leaders of the Group of Seven... is proof that its policy is working, and that the exiled dissidents who call for continued sanctions are going largely unheard. The lack of foreign capital in China has been very hurtful
      172 words
  • Article, Illustration
    Lock icon The making up of two giants
    1041 10 Indonesia and China are to resume diplomatic ties in August. Has President Suharto thought through the economic consequences of this move, which would probably give more economic clout to the highly-successful Chinese in Indonesia The Economist UNTIL this week, no senior Indonesian government minister
    The Economist  -  1,041 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      44 10 INTRODUCTORY OFFER 40% OFF FULL RANGE MENSWEAR PLUS SPECIAL OFFER FOR JULY 1990 60% OFF ON ALL MISSONI TRAVEL WEAR KNITWEARS BLAZERS RAINCOATS OVERCOATS TROUSERS JACKETS EXCLUSIVELY AVAILABLE AT 03-18 DEI.FI ORCHARD 402 ORCHARD ROAD TEL: *****82 OEPNINC HOURS 11 AM TO 8 I'M.
      44 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      67 10 DOONESBURY BY GARRY TRUDEAU -I YOU KNOW, CAMPERS, AND THEREINUESTHEOLD THERESdEEHAUOT lOF 2 UVECRE4J MAINTAIN THAiTW FIRSTAMENDMENTCONUNDRUM, UM...COULDN'T OF DEBATE LATELY I THE RAP GROUPS LWCS MUST w GANG' WHAT TO DO ABOUT YOU SOFTEN r-H ABOUTOBSCENITY IBE VIEWED imWNTUEJR PRO- LANGUAGE THATISMUSICTO TAXES THAT, SIR* w WHAT CONSTITUTES I
      67 words
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  • ANALYSIS
    • Article
      Lock icon Washington needs to thaw Cold War attitudes
      772 11  -  The Cold War is over. But official US attitudes, deep-rooted in the fear of Communism, are hard to change. Anthony Lewis reports Anthony Lewis NYT L 'THE walls that once confined people and ideas are collapsing." With those words the leaders of the
      NYT  -  772 words
    • Article, Illustration
      Lock icon Caught up in an ever spinning wheel of debt
      1540 11  -  Egypt is grappling with a deepening economic crisis that has led to soaring prices and more hardship for its already impoverished and growing population. Alan Cowell examines the economic and social problems stifling the country's hopes for the future Alan Cowell
      NYT  -  1,540 words
    • Article, Illustration
      Lock icon Sometimes, loans alone are just not enough
      697 11  -  Western loans to China may not be enough to save its economy. James Kynge reports James Kynge Reuter A DECISION by the world's major industrial powers to unfreeze loans to China would boost technology imports and lure more foreign investment, diplomats and businessmen
      Reuter  -  697 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      130 11 Seeking Joint Venture Equity Partner in upmarket residential exclusive properties. Best views of Sydney Harbour and Opera House. Three-level house; view from every level, up to 5 car space, 5 6 beds. Under USs2m. Special project on No. 1 Street in Sydney ready for development on half acre overlooking the
      130 words
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  • FOCUS
    • Article
      COPY LINES
      245 12 THE LIBERALISATION of Eastern Europe has led to the launch of another new magazine to serve as a link between the new Soviet "decision-makers" and the Western business world. Business in the USSR is targeted mainly at Soviet readers, said a statement from publishers Robert Hersaitt Communications Group.
      245 words
    • Article
      Lock icon Americans use advertising as weapon to fight ad taxes
      670 12 NYT THE US advertising industry has been waging a fierce battle with legislators who want to tax advertising or restrict ads for cigarettes and alcohol. So far, the intense lobbying by Madison Avenue and its clients have kept tax laws and
      NYT  -  670 words
    • Article
      UK agencies shortlisted in English mystery
      389 12  -  ADVERTISING MARKETING By Genevieve Cua MO R E LIGHT is being shed on the mul-ti-million pound advertising campaign to promote the English language in Asean, a project which has been baffling advertising circles in the UK and Singapore. Much of the groundwork for the
      389 words
    • Article, Illustration
      Electrolux re-defines identity
      248 12  -  By Sangeeta Mulchand Swedish company Electrolux has launched a $500,000 advertising and public relations campaign this week to re-define its corporate identity in Singapore. A single colour navy blue will replace the brown and yellow colours in the logo, bringing Singapore in line with 550 Electrolux offices
      248 words
    • Article, Illustration
      McCann's man outlines his plan
      486 12  -  By Sangeeta Mulchand INDUSTRY watchers who raised their eyebrows speculatively at the resignation of McCann Erickson's managing director John McDonald are now watching his replacement, exclient service director John Pearce. Mr Pearce a McCann man for 14 years is said to be in the mould
      486 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      53 12 j < concept in dining from the Terraza at Sheraton Towers. Select a complete meal from our menu— appetizer, soup/salad, main course, desaert and listed beverage— and we guarantee it will cost no W Jig A GUARANTEED PRICE. r™ I 1 terazza At Sheraton Towers, )9 Scotts Road, Singapore 0922.
      53 words
    • Advertisement
      Page 12 Advertisements Column 2
      140 12 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
      140 words
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  • SPORTS
    • Article, Illustration
      Lock icon Just like starting over again
      538 13 AP WAS THIS the start of a new tennis career? "I don't know, but I sure had a lot of fun out there today," said Mats Wilander after dropping only three games in his comeback on the slow clay at the Swedish Open in Bastad
      AP  -  538 words
    • SIDE LINES
      • Article
        American League wins All-Star game
        163 13 JULIO FRANCO'S seventh-inning double scored Sandy Alomar Jr and Lance Parrish with the only runs of the 61st nuyor League All-Star game to give the American League a 2-0 victory over the National League in Chicago on Tuesday. The American League won its third straight
        163 words
      • Article
        Burrell and Lewis set to clash
        187 13 LEROY BURRELL and Carl Lewis are heading to a showdown in the Goodwill Games 100 m. Both haven't met this 1 year on the track in the event although both can stake > claim to being the fastest sprinter of the year. Burrell continued
        187 words
      • Article
        Reagan to kick off Games
        121 13 FORMER US PRESIDENT Ronald Reagan will take part in welcoming ceremonies at the Goodwill Games in Seattle on July 21. "It's a sign of how far we've progressed with the Soviet Union that President Reagan is here welcoming them to such a major event," said
        121 words
      • Article
        Aussie tourists lose first game
        144 13 WAIKATO beat a below-strength Australian rugby union team 21-10 in Hamilton, New Zealand, yesterday in the 5 opening game of the Australians' arduous 12-match New Zealand tour. The tourists struggled to win a consistent supply from a Waikato forward pack that included five > current
        144 words
    • Article
      Two Burmese come close to a hole-in-one
      281 13  -  Yokohama Golf Classic By Cassandra How THINGS WERE really hot yesterday at the start of the Yokohama Golf Classic. Two players missed holes-in-one narrowly. Kyi Hla Han and Zaw Moe, both Burmese pros, carded an identical 75 at the end of the day.
      281 words
    • Article, Illustration
      Lock icon Calcavecchia signs up for The International
      132 13 AP MARK CALCAVECCHIA, looking to retain his British Open title next week, has confirmed his entry in The International, scheduled for Aug 16 to 19 at the Castle Pines Golf Club. He stands fourth in this year's money list with U*****,244, but has been
      AP  -  132 words
    • Article
      Lock icon Daly aiming for third title for Pistons
      172 13 AP CHUCK DALY, saying he would miss coaching too much, has said he will try to lead the Detroit Pistons to a third consecutive NBA championship. Daly has turned aside suitors from network television and other NBA teams. "I really don't know anything
      AP  -  172 words
    • Article, Illustration
      Lock icon Bauer loses overall Tour de France lead
      417 13 AP STEVE BAUER has lost the yellow jersey of the leader of the Tour de France, but hasn't given up hope. The Canadian wore the jersey through the first 10 days of the Tour. But Ronan Pensec of France overtook him on Tuesday
      AP; AFP picture  -  417 words
    • Article
      Lock icon Bradley hoping for the right stuff to win US Open
      287 13 AP PAT BRADLEY has won 26 tournaments in her career, but none was more important than the 1981 US Women's Open. "It made all the blood, sweat and tears well worth it," she said of her one-shot victory over Beth
      AP  -  287 words
  • Page 13 Miscellaneous
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      1147 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE... Walch beautiful models in bright and breezy swimwear every Thursday at 7.30 pm. Happy Hours: 6 8 pm (Monday Kriday) 30% off standard drinks. fimgm S BW/4Y PLAZA HOTEL w Kr»Hk.»d JMRMI I FIESTA
      1,147 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      627 14 TELEVISION AND RADIO p■ l A a V y >-t-• H-30 Cagaay and Lacay —No 5.30 Alvia aad tha Chipauaks i fUJSINE&tiN: RAfij^;:' Tarzan goes to town 8.00 Tha Nuclear Aga (Documenta- 7 m f.ui. tl w Hetwerk. 5.30p«i, 3.25 am: Financial News IHQ!l33!yS9ii n-n m 5-50 !c Cri n
      627 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The height of summit cuisine
      856 15  -  It seemed simple enough feeding the leaders of the seven richest nations on earth. But for Houston, the headaches had only just begun, writes Marian Burros. Marian Burros NYT The economic world focused on the business of the seven leading industrial powers in Houston, but
      NYT  -  856 words
    • Article
      Lock icon Art refuses to die in war-torn Beirut
      609 15 AFP ART lives on in wartorn Beirut, and brings in a pretty penny for painters who may be far from the speculative markets in the West, but still reap reasonable profits. A cross-section of amateurs are struggling to maintain the city's artistic tradition
      AFP  -  609 words
    • Article
      Those shoes were not for walking
      406 15 CHATTERBOX THE front page of New York Newsday on July 3, the day after I me Ida Marcos was acquitted on charges of looting her country's treasury, featured the headline Imelda Walks, surrounded by 24 pictures of the feet of Imelda in the shoes
      406 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      174 15 AND ENTERTAIN The Happiest Hours In Town. HAPPY HOURS M'M WW .1 -DAILY OPENING 1 HOURS JT" iiamtoiam Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. A® CeiMurv Park Sheraton Singapore 16
      174 words
    • Advertisement
      Page 15 Advertisements Column 2
      295 15 Wc arc proud to promote the most well-known and high quality beef originated from Japan. This beef comes from a specially bred cow which was beer-fed to produce fats within certain part of the beef hence giving a juicy taste. Due to its juicy and dclicious taste, it has bccomc
      295 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Pacific Carriers fails to hold investors' interest
      4431 16  -  By Magdalene Ng TRADING INTEREST in newcomer Pacific Carriers fizzled out yesterday with a mere 2.36 million shares changing hands compared with the hefty 19.4S million traded on Tuesday. Though the stock held firm at Si.7o-$ 1.71, it came under selling pressure, dropping
      4,431 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3942 17 Main Board DBS Foreign 1400 TongMeng 300 +37 +14.1% SPH Foreign 1140 +20 8% Jurong Ship 50* 830 5 8% cpu 795 +15 +l.y*> 1480 +10 +0.7% UA 1380 +10 +0.7% DBS 1280 +10 0.8% OCBC Foreign 1060 +10 +10% Shantri-La 830 +10 l2 H
    3,942 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      253 18 Cmmmy Data Yaar Group Nat Nat aamiags Cra*s anH to prafH/las» (i) par »hara divMaad COOO) (carta) B Sembawang Jul 5 Mar 90 $13.454($6,793) 56.1(28 3a) 35n(15a) Metro HWgs Jul Mar 90 S8.006<J10.219) 14 6(18.7a) 4(2.7a) Rottwnans M JuM Mar 90 MS105.988($98.362 37.1(34 5) 30k(45) Spore Fodder Jul
      253 words
    • Article
      BONDS, LOANS & WARRANTS
      635 18 BONDS, LOANS WARRANTS kor S^fcaTO CM IS Bctor* 26/4/93 1 warrant pta >3 09 cash C—ibii Lean Causeway!* 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warred pta SI nomnal amount of bar stock. OwttalWn OmMpM Mvtfc §7 Id 31/12/91 155 warrants plus $155 cash Qmh H* MM
      635 words
    • Article
      RESULTS DUE
      439 18 Siappm stocks Last FuN Yaar »■PerM (Mi Yw M EPS ten Net immd nA| (cab) *r pnM M r« (T®00) Lmm tot Intern Mar 30 Ok 89 5351(h) EMS Intern Apr 26 M 90 9.3(a) 23TE(a) 4.747 Tat lee Fhance Fnal Jin 1 Ok 89 12J 8.0 £206
      439 words
    • Article
      DIVIDENDS ANNOUNCED
      722 18 Current Ex B«*s Date Tatal lar Tatal tar data dosa pay.Ma tha year last y— fe.Hdgs 6* Aug 28 Sep 7 Sep 26 6% 6* Mrp NYA Km 20 Jul 5 Aug 15 NYA 1 29sen Inai 10* tun 18 Jun 28 Jul 16 10* 10* A* PmHc
      722 words
    • Article
      PRELIMINARY RESULTS
      217 18 CtMMt Date Yur Group pre-tax Nat earnings Grass ann to profit/loss (L) par share dhrfdead ('000) (cents) y be tan Jul 5 Mar 90 $32,090p($19,078) 48 5(39.1) 14(10) Atartdgs Jun 29 Mar 90 $1,786($1.672) 5.4(5.6) 6(6) ""Mai Sun Hup Jun 29 Mar 90 $17.429($15.638|) 9.2(9.6) 10Tt(NA) Metatock Jun
      217 words
    • Article
      APPROVED ISSUES
      261 18 Company Rtfhts \*u» KB Cm One-tor three MSI SO per share $30 131m 1% Convertible Unsecured Loan Slock of MSI.00 nomnal value to hi issued on the bass at 1 CULS tor two "CM star® Ml b-datr ton 6 Books dose ton 20 Acceptance t Payment Aug 6
      261 words
    • Article
      INTERIM RESULTS
      139 18 <■—■ Date Hall-year Group pro-tax latorlm ann to profit/loss (L) dividend COOO) Ganda HWgs Jun 29 Mar 90 MM.237L($2,236L) Facte Can )un 29 Mar 90 $68L Samanda HMgs Jun 28 Mar 90 M$4,997($5.120) CASH J«in 26 Feb 90 Mtf69l($500L) Asia Pac.fic Jun 22 Mar 90 J48,108<$51.«12) 15.4(12.3) fiN
      139 words
    • Article
      CORPORATE DEVELOPMENTS
      267 18 M 10 Fairbanks Hokflnn. majority-owned by Public Bank president Tan Sri Teh Hong Piow, purchased I.Bm Tong Meng Industries Ltd shares at $2,998 each from Cartney Investments Ltd. Fairbanks will undertake a conditional general offer to acquire all the remaining 4.35 m Tong Meng shares at $3 each.
      267 words
    • Article
      COMPANY MEETINGS
      353 18 Ma{run Corporation Bhd: EGM at Room Parkroyal X, 2nd Floor, Part royal Kuala Lumpur, iatan Sultan Ismail, ***** Kuala Lumpur on Thursday, July 12, at 11am. Jura« Eitmeri? Ltd: 19th AGM at the Conference Room, 25 Tanjong King Road. Singapore 2262 on Friday, July 13, at 11am. Kin
      353 words
    • Article
      PROPOSED ISSUES
      531 18 Company Rights Issue CjuMwty taw Caprtal reduction scheme to rvhtcc par value ot stares from SI 00 to S0.60; Rights issue of 33 $060 per share CBM One-torone fc MS« 00 per share Every tow nghts share would be issued with one TSR EMS One-tof-two 11.75 with one
      531 words
    • Article
      RECORD HIGHS & LOWS
      155 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 htft 1402 22 (6/2/90) 1*> Nfh: 1607.12 (27/3/90) 1990 low; 1254 18 (2/5/90) 1990 tar 1458.18 (2/5/90) 19S9 Nftt 1322.00 28/12/89) 1989 Wjlt 1487 76 (26/12/89) 1989 low: ***** (4/1/89) 1989 tar 1030 69 (4/1/89) 19SS high: 1043 86 8/8/88)
      155 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      84 18 What should Singapore do with its reserves? Malaysia's Silicon Isiand rovs up SINGAPORE MCI{P)I3/8/89 VOL 14 NO 7 JULY 1990 MONTHLY $4 Orbiting the wL> IK 11 i t (xutri Available at your local newsstands and at all Times The Bookshops outlets: Centrepolnt, Plaza Singapura, Raffles City, Specialists' Centre Basement,
      84 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices close mixed in featureless trading
      3713 19 Bernama SHARE PRICES closed mixed in featureless trading on the Kuala Lumpur stock market yesterday with selected counters, mainly industrials and properties, recovering from their lows on light bar-gain-hunting. Reflecting some indexlinked buying, the 80-share KLSE Composite Index rose 1.76 points to 594.33 while
      Bernama  -  3,713 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      92 19 I FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. i ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional
      92 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Stocks finish higher on arbitrage and firm yen
      2264 20 TOKYO STOCKS closed higher on a stronger yen and scattered arbitrage buying of the cash indices yesterday. The yen broke through 148 yen to the dollar in late-morning trade fuelling cautious buying of domestic-demand-linked stocks and slight, though long-awaited, gains in large
      2,264 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Prices end stronger but off morning highs
      2467 20 HONGKONG stocks ended sharply higher yesterday, although they eased from morning peaks, and brokers forecast the Hang Seng index will continue to surge today on bullish sentiment. The Hang Seng index jumped 32.77 points to close at 3,440.93. It gained 36.74 points in
      2,467 words
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  • REGIONAL STOCK MARKETS
    • Australian market shows its resilience
      • Article
        Untitled
        87 21 Close Previous 47July II SYDNEY All Ordinaries Index 1591.3 1581.0 +10.3 All Industrials Index 2501.3 2484.7 +16.6 All Resources Index 899.5. 894.0 5.5 Turnover (million) 95.99 104.3 -8.31 BANGKOK SET Index 1054.79 1028.01 +22.72 Turnover (nearest '000) NA NA JAKARTA Composite Index 627.46 624.60 -2.86 Turnover (nearest '000) NA NA
        87 words
      • Article
        Untitled
        337 21 la local cwreacy la S$ la US$ day year day year day year Jaly 10 ladex chaage chaage chaage chaage chaage change World 428.7 -0.4 -7.8 -0.3 -11.4 0.0 -7.3 |EAFE 595.9 -0.9 -12.5 -0.3 -15.4 0.0 -11.5 Europe 450.3 -0.6 -0.1 -0.5 2.9 -0.2 7.6 Pacific 1014.5 -1.0 -19.9
        337 words
      • Article
        AUSTRALIA
        1003 21 THE AUSTRALIAN sharemarket finished firmer yesterday in defiance of a 23-point fall in the Dow Jones index, the weaker gold price and the stubbornly strong Australian dollar. The market's resilience indicated that the sharp rises of the last week or so were sustainable. One broker said the day's performance
        1,003 words
      • Article
        MANILA
        586 21 PHILIPPINE SHARES closed mixed yesterday as the market took a cautious stance amid speculation on a newspaper report that Defence Secretary Fidel Ramos might be sacked, brokers said. "The market is muddling through (speculation)" said Plaridel Santiago, analyst at Citicorp Scrimgeour Vickers Inc. 'The main concern really is the
        586 words
      • Article
        BANGKOK
        701 21 THAI STOCKS advanced on selective buying yesterday as investors rushed to grab attractively-priced blue chips in the finance sector, brokers said. The official SET Index gained 22.72 points to close at 1054.79. Advances led declines 114 to 37. Most active were Nava Finance, Union Asia Finance and Siam City
        701 words
      • Article
        TAIPEI
        370 21 TAIWAN STOCKS fell sharply across the board yesterday on rumours that a brokerage house in Taipei faced serious financial problems, dealers said. The weighted index dropped 332.64 points, or 6.3 per cent, to finish at 4,953.97 compared with Tuesday's 5,286.61 close. Turnover fell to NTS7O.9 billion from NT572.6 billion
        370 words
      • Article
        SEOUL
        866 21 SEOUL STOCKS fell in continued weak trade yesterday with no new incentives and unenthusiastic intervention by the market stabilisation fund. The composite stock index shed 7.75 points to 711.00, with volume again steady at 83.7 billion won against 83.1 billion traded on Tuesday. Under five million shares changed hands.
        866 words
      • Article
        NEW ZEALANO
        341 21 THE NEW ZEALAND share market ended little changed yesterday with good buying in some leaders offset by profittaking in others after Tuesday's 27-point rise. "It was fairly gentle and light, nothing too sinister," said David Tetro of Ord, O'Connor Grieve in Auckland. "The people who are calling it
        341 words
      • Article
        JAKARTA
        493 21 PRICES ON the Jakarta stock exchange closed firmer yesterday, pushing the composite index 2.86 points higher to 627.46. Buying interest was strong in the pulp and paper industry sectors, with Inti Indorayon Utama dominating the regular market with 320,(XX) shares traded. It ended 200 rupiah higher at 9,800. Astra
        493 words
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  • WORLD STOCK MARKETS
    • Article, Illustration
      US$, bond weakness drives Dow lower
      809 22 US STOCKS tumbled in the final hour ef trading in New York on Tuesday as weakness in the bond market and a lower dollar triggered a flurry of computer-driven sell programs. The Dow Jones industrial average closed down 23.27 points at 2,890.84 after trading
      809 words
    • Article, Illustration
      LONDON
      798 22 SHARE PRICES closed lower on London's Stock Exchange on Tuesday, after a disappointing performance on Wall Street. British stocks spent the whole session in negative territory. "We were looking for a rise in Wall Street but it didn't happen," one trader said. 1 The day's main feature was sterling's
      798 words
    • Article
      FRANKFURT
      392 22 WEST GERMAN shares ended a thin volume session slightly firmer yesterday, recovering from a weaker opening during which the 30-share DAX index test- Ed the key psychological 1,900 point support level twice, dealers said. "We started with a correction which within one and a half hours was followed by
      392 words
    • Article
      BRUSSELS
      173 22 BELGIAN SHARES started mostly lower in thin pre-holiday trade yesterday and dealers said there were few fresh factors to affect trading. Societe Generate de Belgique's troubled arms unit FN, which fell by around 3 per cent on Tuesday after saying it was pessimistic about 1990 earnings, slipped again at
      173 words
    • Article
      AMSTERDAM
      297 22 DUTCH STOCKS were becalmed in dull trading with prices for the most part moving in a narrow range around unchanged levels yesterday. "The whole market is just lying on its back," one broker said. "Summer holidays are here and interest is gone." At midday, the CBS all-share index was
      297 words
    • Article
      JOHANNESBURG
      405 22 JOHANNESBURG gold shares rallied slightly in quiet late morning trading yesterday after Tuesday's sharp losses, helped by a steadier bullion price following Tuesday's slump amid renewed Middle East sales. Dealers said interest was modest and mainly confined to quality shares, adding that the recent firming in the financial rand
      405 words
    • Article
      PARIS
      247 22 FRENCH SHARE prices were higher in midday trade yesterday due to technical corrections in leading stocks in a generally quiet market, dealers said. The CAC-40 index was at 1966.79 at 1108 GMT, up from an opening level of 1953.19 and after hitting a low of 1949.91. Esso was down
      247 words
    • Article
      MILAN
      216 22 ITALIAN SHARES opened lower yes- terday, although the selling was more restrained than Tuesday, as Fiat's weakness continued to depress the market, brokers said. The auto company's ordinary shares were set at 9,210 lire, down from Tuesday's 9,282. Amongst other blue chips, Montedison and CIR were steady, while Generali
      216 words
    • Article
      TORONTO
      300 22 TORONTO STOCKS slipped further in listless trade on Tuesday after sell programmes in New York depressed blue chips, dealers said. Gold shares recovered partially after Comex bullion closed above session lows, though losing US$2.7O an ounce. The composite index fell 12.7 to 3,527.94 on volume of 18.5 million shares.
      300 words
    • Article
      ZURICH
      281 22 SWISS SHARES recovered from an easier start to trade steady to slightly firmer at midsession yesterday. Dealers said high money market rates limited activity in banks and insurers. The industrial sector performed mixed in lively trading. The all-share SPI index, which had opened lower at 1,218.2, stood at 1,222.8
      281 words
    • Article
      Untitled
      103 22 Vienna J sly 10 Asch Akg Holding 5000 50 E. Allgem (Pref) ***** -50 Jungbunzl ***** -250 Laenderbank (Prcf) 785 +5 Lenzing 1890 +5 Leykam 710 -5 Montana ***** 600 Oestcrr Brau 4840 40 Semperit 165 -I Steyr..... 220 -4 Veitscher 1255 -5 Source: Austrian Laenderbank Stockholm Jriy 10 Knwor
      103 words
    • Article
      Untitled
      85 22 July 10 Close Previous NEW YORK Dow Jones 2890.84 2914.11 -23.27 NYSE Financial 142.95 144.32 -1.37 SAP 500 356.49 359.52 -3.03 Turnover (million) 148 119 +29 LONDON Financial Times 30 1855.0 1859.30 -4.30 FTSE 100 2327.50 2337.50 -10.0 Turnover (million) 440.7 369.8 70.9 AMSTERDAM CBS General 195.70 196.70 -1.00 BRUSSELS
      85 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback continues to slide on talk of lower US interest rates
      1273 23 FOREX MARKET REPORTS THE US DOLLAR continued its tumble yesterday and dealers expect further declines as speculation grows that US interest rates are headed lower while Japanese rates are set to climb. The greenback fell through key resistance at
      1,273 words
    • Article
      INTERBANK FOREX RATES
      390 23 Cross rates July 11 L'SS SS MS Dm Yen SFr AS NZS USS 1.8140 2.6995 1.6435 148.55 0.5505 1.3925 1.2361 1.6779 SS 0.5513 1.4881 0.9060 0.8189 0.3035 0.7676 0.6814 0.9249 MS 0.3704 67.20 0.6088 0.5503 0.2039 0.5158 0.4579 0.6215 Dm 0.6085 1.1037 1.6425 90.39 0.3350 0.8473 0.7521
      390 words
    • Article
      MONEY MARKET
      569 23 Interbank rates S$ Bid Offer Overnight 5 3/4 6 1-month 7 1/2 7 5/8 2-month 7 1/2 7 5/8 3-month 7 1/2 7 5/8 Oocnwght mode: 6-7/8 USS Bid Offer 7 days 8 VI6 8 7/16 1 month 8 1/4 8 3/8 2 months 8 1/4 8 3/8
      569 words
    • Article
      Lock icon Rise of A$ tied to commodities: Keating
      283 23 Reuter AUSTRALIAN Treasurer Paul Keating said the rise in the Australian dollar was linked to commodity prices and expected the currency to follow commodity prices down. In an interview with the Melbourne Herald, he said: "Commodity prices are coming off a little bit
      Reuter  -  283 words
    • Article
      FINANCIAL FUTURES
      1542 23 SIMEX LLM Open High Low Sett Est Vol Op/Int Vol Sep 90 91.69 91.73 91.69 91.71 8689 ***** 4787 Dec 90 91.66 91.73 91.66 91.70 5280 8047 5233 Mar 91 91.65 91.69 91.65 91.68 1140 2448 1760 Jun 91 91.50 91.53 91.49 91.52 157 777 84 Sep 91
      1,542 words
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  • COMMODITIES
    • Article
      Lock icon Sugar market searching for new price signals
      451 24 Reuter SUGAR PRICES are in a volatile phase and likely to remain so for several months until a clearer supply/demand pattern for the new season emerges, traders and analysts said in London. A wave of mainly technical selling pushed prices sharply lower on
      Reuter  -  451 words
    • Article
      Lock icon China's gold output soars 34.6 pc to record high
      237 24 Reuter CHINA'S gold output rose 34.6 per cent to an undisclosed record level in the first half of this year from the same period last year, the State gold administration said. Cui Dewen, deputy director of the administration, was quoted in
      Reuter  -  237 words
    • Article
      Tin recovers 23 sen on strong demand
      831 24 REPORTS THE PRICE of tin rose 23 sen to M$ 15.93 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday on strong buying support and sellers' reserve, traders said. The recovery was in line with the firmer overnight London Metal Exchange (LME)
      831 words
    • Article
      PRICES
      1401 24 Rubber jm y u MU (fc> tm >■*—) S cents/kg Noon Oosc Ini I RSS Prompt I53.7VI54.75N I53.2VI54.25N Int I RSS Aug 90 154.75/155.25 I54.2VI54.75N Int I RSS Sep 155.75/156.25 I55.25/155.75N Int 2 RSS OP 152.50/154 50N I52.50/I54.50N Int 3 RSS OP I48.00/I50.00N I48 00/150.00N Int 4 RSS OP
      1,401 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      512 24 NOTICES IN THE SUBORDINATE COURTS OF THE REPUBLIC OF SINGAPORE M.C. Suit No 5222) of 1990 Between UMBC FINANCE LTD Plaintiffs And WONG TIT CHING Defendant FORM OF ADVERTISEMENT To Wong Tit Clung 63 A Brighton Crescent Singapore TAKE NOTICE that an action has been commenced against you in the
      512 words
    • Advertisement
      Page 24 Advertisements Column 2
      491 24 IN THE MATTER OF THE COMPANIES ACT. (CHAPTER SO) AND IN THE MATTER OF KOK SENQ CREDIT (PTE) LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of Members of the abovenamed company duly convened and held at 10 Anson Road. #23-15 International Plaza. Singapore 0207 on Thursday. sth
      491 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1063 25 Ctty FNgkt ETA FNgM ETO Ctty Flight ETA Flgkt ETO 3 i GA887 GA975 KL839 1225 1300 1415 KL840 GA894 2115 2350 SQlll MH/SQ671 MH644 QF32 SQ115 MH617 1705 1800 1900 1915 SQ110 MH631 MH610 MH643 1445 1620 1715 1730 MiCaMt QF81 SQ228 1950 2015 QF82
    1,063 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Fishy tales of Irish spring madness
      740 25  -  LETTER FROM IRELAND By Richard Lyons FROM pub to pub the word was spreading throughout the village, spoken in quiet, but urgent tones, as though a password was being given in some Druidic rite. From McDermott's Bar to the Spa House, to the Castle
      740 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4500 1.4700 Canadian dollar 1.550 1.370 NZ dollar 1.065 1.095 Sterling pound 3.2620 3.2920 US dollar 1.8070 1.8170 Local dollars to 100 anils of foreign currency Austrian schilling 15.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      88 25 Duration Title Venue Organiser Td July 1213 Property Financing Hilton Kuala Lumpur AIC Conference 03-*****43 Juty 12 Effective Marketing Strategies In The 90s For Banks A Non-Bank Financial Institutions Hilton Hotel Jakarta AIC Conference 03-*****43 Duration Title Venue Organiser Td July 24 How To Profit From Hyatt
      88 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      50 25 i Ihe husinc" pcr»on'» choiic curv lucml.iv. g |I f |hurvJav.Sjturil.iv h.ini;i M I I II /\l —_-l W irport it hour* Jin! .irrivmi; .1: I v Hjrc M M M 1 R -J lnlcrn.ition.il Nirport the followinu J.iv A Him-: \in < U Fkksh An: V/ I Air Canada
      50 words
    • Advertisement
      Page 25 Advertisements Column 2
      145 25 For other reasons, send in your subscription now. 1 Please send name: Mame: Address: Address: j Occupation: Occupation: Tel: Tlx/rax: Tel: Tlx/Fax: AIRMAIL SUBSCRIPTION! RATES: I I want to subscribe for months at S/USS I I I I I I enclose: Sscheque/money order couirnuES* 1 2mths 6mths >mths > I
      145 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      225 25 1 Depth-measuring instruments ordered from the |H 10 Formerly trembling, like a I 1 I I I L—_ HI M Hi Hi 11 Bogies on the streets of —Pl— booked passage 14 Money-boxes not opened f 5 to 16 Small telescope kept under VH quiring daily mofvout 24 Minion to
      225 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      216 25 Singapore Outlook: Showers over a few areas in the late morning and early afternoon. Report Max temp. 30.4* C Assoc humidity 70% Min temp 24.9* C Assoc humidity 92% Hre of sunshine 2.65 Rainfall in mm. Nil Rainfall this mth 48.0 Rainy days this mth 4 World forecast Asia-Pacific Hi/Lo*
      216 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      39 25 HiLki'• 'VIWfl wBWa QujoNpeg ljuptt's GQ'NG qn ..?j r gquivmjeMT of ft Tae cleanmG lapv.thelA \f \9ummlT CQM-^fleNCg..... urr BoV.TMe iadV -~>J/ ,ir, \C~ ?V*D THE. CAReTAWieR A r^si P«e WUDDL£P ToGtTHeR I 2 1.1 V /CV\ IN 7
      39 words
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  • Article
    Lock icon No new direction expected from leaders' communique
    422 26 G-7 summit meeting in Houston Reuter THE SEVEN BIGGEST industrial democracies, confident that the world economy is sound barring any trade breakdown caused by arguments over farm subsidies, are set to endorse policies that have fuelled eight years of uninterrupted growth. Monetary officials
    Reuter  -  422 words
  • Article, Illustration
    IMC bypasses Singapore yards
    409 26  -  By Linda Chee MALAYSIAN and Chinese shipyards are in the running to build up to a dozen 'tweendeck bulk ships for Hongkong-based International Maritime Carriers (IMC), in one of the biggest orders in history for such vessels. The orders, which may be worth up to US$24O
    409 words
  • Article
    Lock icon Gorbachev poll win marred by miners' strike
    204 26 Agencies SOVIET PRESIDENT Mikhail Gorbachev was re-elected general secretary of the Soviet Communist Party on Tuesday, but euphoria over the victory was dampened by the biggest coalminers' strike in 72 years. Thousands of miners launched a 24-hour walkout yesterday aimed at crushing communist
    Agencies  -  204 words
  • Article, Illustration
    POSB Bank should join the shared-ATM network
    689 26  -  The Bottom Line ALVIN TAY ALVIN TAY The writer is BT's News Editor (Financial Services) WHEN local banks decided in November 1988 to pool their automated teller machines for common use by their customers, the POSB Bank chose to stay out of the
    689 words
  • Article
    Lock icon Suharto sending more troops to quell violence in Aceh
    210 26 Agencies INDONESIAN PRESIDENT Suharto has ordered more troops to the northernmost province of Aceh to deal with a wave of killings. Provincial governor Ibrahim Hasan said yesterday that Mr Suharto had also called for economic solutions to a problem which the
    Agencies  -  210 words
  • Article
    Lock icon Talks on US military facilities continue
    321 26 AP THE US and Singapore opened another round of talks in Washington yesterday on a nearly concluded agreement expanding access of US Navy and Air Force units to the Republic. The US State Department confirmed that its officials and Defence Department negotiators would meet
    AP  -  321 words
  • Article
    Lock icon New plan to revive China's economy
    153 26 Reuter CHINESE PREMIER Li Peng yesterday announced a five-point plan that combines lower interest rates and more loans to revive China's flagging economy, which he said faced serious problems. Mr Li, shown on state television chairing a meeting of the State Council (Cabinet), said
    Reuter  -  153 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      105 26 PiageT JOMLLIER ENHORLCXjERIE IJEII IS 1874 GENEVE The Richard "Pretty Woman" Cerruti. Im jp IjPj ffi n CEfIRUTIIBBI SPORT TENNIS BEACH-WEAR GOLF by Mno Ctßßirri Men's Sportswear: •-01-15 The Paragon. 290 Orchard Road Tel: 2 *V*>Ss *-02-54/60 W.sma Atria. Orchard Road Tel 7 W360 —01-4S Forum Cialleria, (.Orchard R....J Tel:
      105 words
    • Advertisement
      Page 26 Advertisements Column 2
      13 26 G-7 buys time on issue of Soviet aid, Pg 9 See Pg 9
      13 words
    • Advertisement
      Page 26 Advertisements Column 3
      81 26 PiageT KMJJER EN HORLOGERIE DEPUIS 1874 GENtYE FOR SALE BY TENDER PRIME FACTORY WITHIN FOOD ZONE 231 A PANDAN LOOP CLOSING DATE: 16 JULY 1990 \A, Single storey factory with cokJroom S Approved usage poultry slaughtering Land area appr0x.***** sq ft k j/VVV Built-up area approx. ***** sq ft m«J
      81 words
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  • Shipping Times
    • Article
      PSA to farther reduce port charges
      462 27  -  By Dexter Lee ANOTHER ROUND of reductions in port charges is in the offing, barely nine months after the last tariff revision which spelt lower costs for efficient operators. The Port of Singapore Authority will give rebates for the fast connection of vessels and
      462 words
    • Article
      Far East-Europe rates to rise 20-30 pc
      390 27  -  By A J Leow SHIPPERS can expect a 20 to 30 per cent hike in Far East-Europe freight rates in the next nine months following a meeting of Far Eastern Freight Conference (FEFC) members in London last week. With the hike, rates will
      390 words
    • Article, Illustration
      Atlantis goes into drydocking repairs
      184 27 NEPTUNE Orient Line's subsidiary Atlantis Engineering Construction has moved into the new area of drydocking repairs, with the docking of cargo vessel Tanto Mutiara on July 5 (above). The 6,515-deadweight-ton ship is owned by PT Tanto Intim Line of Indonesia. Atlantis has invested a total
      184 words
    • Article
      Lock icon Port Klang's revenue rises by 15.8 pc
      402 27 Bernama THE PORT Klang Authority, which handled 15.4 per cent more cargo and 10 per cent more ships in 1989, recorded a 15.8 per cent rise in operating revenue to M 5151.6 million from MS 130.8 million in 1988. Its chairman, Datuk Michael
      Bernama  -  402 words
    • Article
      Lock icon Garuda will be listed by 1992, says minister
      248 27 AFP INDONESIA will publicly list its national airline, Garuda Indonesia Airways, by 1992, Finance Minister Johannes Sumarlin said. The airline is among 52 state enterprises "to go public in due time" and will be listed by 1992, Mr Sumarlin said on Tuesday
      AFP  -  248 words
    • NEWS SUMMARY
    • Article
      Lock icon Japanese firm in talks on Moscow magnetic levitation train project
      205 27 AFP HSST Corp, Japan's only high-speed surface transport company, said yesterday it was negotiating with the Soviet Union on a project to link central Moscow and its Sheremetyevo Airport by maglev train. HSST (High-Speed Surface Transport) officials said the company
      – AFP  -  205 words
    • Article
      Jakarta to allow private investments in port and train businesses
      200 27 THE INDONESIAN government will allow private investments in port and portrelated businesses, as well as train transport services. The country's Transport Minister Azwar Anas confirmed the new policy over the weekend and explained that rulings on incentives for private investments
      200 words
    • LOG BOOK
      • Article
        Air France ground staff call off weekend strike
        92 28 FRENCH ground technicians called off a planned weekend strike on Tuesday after trade unions struck a deal with the national carrier Air France on work conditions. The technicians, complaining about their jobs being downgraded, had threatened to strike from this evening to
        92 words
      • Article
        PIA cargo service to Tokyo
        52 28 PAKISTAN International Airlines (PIA) is operating a Boeing 707 freighter service to Tokyo in a bid to increase exports to Japan, the Associated Press of Pakistan reported. The steady increase in demand has made it necessary to start a regular freight service to Japan, PIA
        52 words
      • Article
        Nissan, Komatsu win orders
        83 28 NISSAN Motor Co Ltd and Komatsu Forklift Co Ltd, an affiliate of Komatsu Ltd, have each won orders for forklift trucks from East Germany, company representatives said separately. Nissan won an order for 94 two-tonne forklift trucks worth about 190 million yen through Kemptener Maschinenfabrik GmbH,
        83 words
      • Article
        Indian Airlines workers on strike
        57 28 ENGINEERS and other employees of state-owned Indian Airlines were to go on a 24-hour strike last night to protest against alleged mismanagement of the company. A spokesman for the Indian Commercial Pilots Association said the employees are not after a pay rise but an improvement
        57 words
      • Article
        Dockers strike in Lagos
        65 28 NIGERIAN dock workers went on strike on Monday demanding payment of allowance arrears, Nigerian Ports Authority spokesman Eke Ijioma said. The government has appealed to dockers to return to work, but Mr Ijioma was unable to say whether they had responded. Shipments of crude oil, Nigeria's
        65 words
      • Article
        Turkish carrier in salvage deal
        64 28 THE Turkish bulk carrier Zonguldak Z is understood to have signed a salvage contract, said Lloyds Shipping Intelligence Service. The 51,488-dwt vessel is understood to have signed a Lloyd's standard form with Alexander GTsavliris and Sons Maritime Co SA in connection with the refloating operation
        64 words
      • Article
        PWA unit reaches union contract
        54 28 PWA CORP unit Canadian Airlines International Ltd has reached a tentative agreement for a new labour contract with 6,000 unionised mechanics, ground handlers and clerical employees. Ron Keras, chief negotiator for the International Association of Machinists and Aerospace Workers, said his union is unanimously recommending
        54 words
    • Article, Illustration
      Palm-greasing rife at Thai port
      1420 28 In a Bangkok Post expose, it was revealed that Klong Toey port has become a gold mine for scores of government officials and state employees through 'under the table' payments or tea money INCREASINGLY high demands for bribes are woiTying shippers and their agents using
      1,420 words
    • Article
      Shipping firms to blame, says port director
      316 28 PRIVATE shipping companies are to blame for bribe-taking by port workers, said Port Authority of Thailand director Pongsak Wongsamut in response to companies' claims of widespread corruption at the port. While Mr Pongsak did not deny that bribe-taking exists, he pointed out to
      316 words
    • Article
      TRANSPORT DIARY
      1004 28 May 24-July 26: International Freight Forwarding L, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, *13-314 The Plaza, tel no: *****5 (for members only). July 9-20: Management A Operations of a Break bulk Termiaal course organised by Singapore Port Institute (SPI). For
      1,004 words
    • Article
      THE SHIPPING GUIDE
      12297 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,297 words
    • Article
      SHIPPING AGENTS
      3380 41 Coatainerline NV: Bclsm Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S).
      3,380 words
    • Article
      COURIER SERVICES
      222 41 Abacus Couriers Td: 545-8011,448-6415. Air Express Service Td: 533-5771. Fax: *****44 Airborne Freight Corporation Td: 542-8844 Fax: *****16, *****80 City-Link International Td: 344-3377. Fax: *****50. (luster link Supplies A Services Td: 296-5720. DHL International Td: 344-8911 .Fax: *****61. DPE Conrier Td: 284-6611 (7 lines). Fax: *****88 Faery Worldwide
      222 words
    • Article
      AIR FORWARDERS
      1481 41 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroliak K G Freight International Td: 545-5992. Aerospecd Td: 542-5911 Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74, *****50 Air
      1,481 words
    • Article
      PORT CONDITIONS
      2380 42 ANGOLA i .«■<««• Five vessels berthed of which 1 reefer, I bulker, 2 general, 1 bunker, remaining 7 highsea berths occupied by cabotage vessels; no vessels anchored, 15 due by July 20. Soyo: One freighter operating mid stream; no vessels berthed/anchored; 5 vessels due by July 22. ARGENTINA
      2,380 words
    • Article
      AIR FREIGHT SCHEDULE
      521 42 ARRIVALS DEPARTURES Op Flight Type ETA From Op Flight Type ETD To TODAY" TODAY KAL KE697 B747F 0155 SEL KAL KE697 B747F 0440 BKK NCA KZ203 B747F 1935 NRT SI A SQ/BA822 B747F 0700 DXB/LHR FDX FM75 B747F 2130 JFK/IND/ANC/ NCA KZ204 B747F 2335 BKK/NRT NRT/TPE KAL
      521 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      495 42 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLO FOR FURTHER TRADING Bulk carriers Jovian Luzon: 22,713 dwt and built 1982, sold to Japanese buyers for around US$B.2 million. Van Gosh: 15,254 dwt and built 1976. sold for about U554.25 million. Mar Reina. 68,350 dwt, sold to Chinese interests for about
      Reuter; AFP  -  495 words
    • Article
      CRUISE & FERRY SCHEDULES
      345 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Nmk of Vessel ETA ETD Port Agent Ports of Calk AUGUST 21 21 Oncnt Venus (MV) 0600 2000 Borneo Shipping Sin-Fremantle-Jakarta-Kobe 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to nowhere SEPTEMBER 01 01 Andaman Princess 1300 1900 Andaman Cruise Sin-Bangkok 07
      345 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        665 43 Vend fey No Bur* Arrival Dtpartivt tappet Wh. Ananas jrves 9005 K29 alongside 12.07/1*00 Mheng 9004 K33 alongside 13.07/2300 KoU Pusaka E«1 K31 alongside 14 07/0600 Ned Rocheste 90 13 C09 alongside 12.07/1400 OMu 17WB K18 alongside 1107/1730 Ronghuashan 5 K32 alongside 14.07/2300 Shoushan 27/28 C10 alongside
        665 words
      • Article
        CONTAINER SCHEDULE
        1150 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booki*/Balance Rsib Sty Voy No Period From To From P of DtscBai Space AJu Bhum 28S 1 11/1500 11/1659 11/1900 3 12/0700 12/1159 12/1400 Aker 204 2 11/1700 12/0659 12/0900 3 12/0700 12/1159 12/1400 4 Cance ted M Mrnab
        1,150 words
      • Article
        IN MALAYSIAN PORTS
        374 43 Pft Ktawg South Port on My 11: Global Jupiter berth 1; Oceania Glory berth 2; Bankok Yai berth 3; Hong King berth 4; lucoma berth 7; Swee Ann Satu berth 7A. KCT: Eagle Wing berth 8; Bunga Bindang berth 8: Wan Hai 202 berth 9; Sea Ranger
        374 words
      • Article
        DAILY FREIGHTS
        922 43 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 US$l7 US Gulf to Japan grain fixture continued to circulate the market. The sub-index for this route was
        922 words
    • Article
      Lock icon Panama registry faces dues crisis
      441 44 Lloyd's List A NEW CRISIS has hit the Panamanian ship register because over half of the vessels registered have failed to pay their dues, the maritime authorities have admitted. Secnaves director-general Guillermo Marquez said last weekend that at the end of last year, 7,363 of
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      Lock icon SAS prepares for strike by pilots
      189 44 Reuter SCANDINAVIAN Airlines System said on Tuesday that it would ensure that all its passengers reached their destinations despite the threat of a one-day strike by its Swedish pilots yesterday. The pilots had said if their demands for higher pay were not met before
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      Lock icon Sir Piers: China will back plans
      103 44 Reuter HONGKONG Financial Secretary Sir Piers Jacobs has said he is confident China will eventually back controversial plans for a port and airport complex in Hongkong. China so far has not lent its support to the ambitious HKSI27 billion (US$l6.3 billion) project, touted by
      Reuter  -  103 words
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      Lock icon France reiterates stand on La Ciotat yard
      329 44 AFP THE FRENCH government has reaffirmed its opposition to plans by US-Swedish group Lexmar to relaunch the La Ciotat shipyard outside Marseilles as a major shipbuilding operation. "During the summer of 1989, after talks involving local authorities and social partners, an accord was
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      Lock icon Effoa-Suomen shareholders approve Johnson merger
      175 44 Reuter AN EXTRAORDINARY general meeting of Finland's EfToa-Suomen Hoyrylaiva Oy has approved the merger of its passenger shipping operations with Sweden's Nordstjernan AB unit, Johnson Line. Nordstjernan said in a statement in Stockholm on Tuesday that the action clears the way for completion of the
      Reuter  -  175 words
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      222 27 BSWEE HENG METAL CO PTE LTD No 13. Tuas Avenue 2263 TEL: 861 -5655 (5 LUES) |H| M IWpb Commercial Cleaning I Eouipment Industrial Maintenance Equipment Abo buy .sell rental 4 repa f J SINGAPORE BUSINCSS/PARFUM MONTANA SUBSCRIPTION PROMOTION WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST!
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      51 27 fm Forwarders 15 Nr FragW Schedule 16 Contaner Schedule 17 Conner Services 15 Crase ft Ferry schedules 16 My 17 Mei to Advertisers 3 Port Conditions 16 SNpnc Afents 15 Sh«M| Gude Ml Shpsales/Tanker Rates 16 Sims m Put 17 Singapore Tries 17 Transport Dory 2 Weather and Sea Conditions
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      88 28 Iss It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and JIL issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
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      2056 29 MB JAROINE SHIPPING AGENCIES *11If# 200 Canton mant Rotd #12-05 Soufhpwnt, Smppore 0208 J^P\llVfr t«< 221 ml telex no rs ***** vannM terminal/cfs t*l *****18 220 p ftwflTl bookings t«< *****3* 235 L VQQy J PESAKA JAROINE SNIPPING AGENCIES SON BHO PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL
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      1004 29 MDEX TMDVERTKERS Pit Cd Pv Cd I A "~~j Maooline 18 2/3 Maersk Line 3 4/5 ABC Containerline 13 5 «MISC 14 1-3 Accord Shpg 8 1-3 M'sia Shpg Corp 9 1/2 Albatros Sea-Air 14 5 Mendelssohn 5 1/2 APC Line 14 4 *MOL 18 1/2 APL 5 3-5 MOSK
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      2127 29 »i veaaei Voir ETA I ETD I 'Port "Penang m v DESTINATIONS Singapore Kalang TNe MM M*w M 9006 Ctoamg Time Fww by cv 17/7 o*oo mrs m Farco M WKM OS IV7 23M HRS M T«uro OAK LOB HOU MEM ATL MIA CHS BAJ. PML MYC MON TOW MAREN
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      1033 30 rage* 3 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KASUGA 10/500 12/7 6/8 3177 2/8 30/7 5/8 TOLAGA BAY 10/584 15/7 1/8 3/8 6/8 CARDIGAN BAY 96/583 19/7 13/8 7/8 9/8 6/8 12/8 CITY Of EDINBURGH 90/587 22/7 8/8 10/8 13/8 KURAMA 06/586 26/7
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      Page 30 Advertisements Column 2
      536 30 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT BANGLAR MOOKH 17/7 31/7 7/8 IRINI 27/7 12/8 18/8 AISO ACCEPTING CARGO VIA $UVA TO: LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP BANGLAR MOOKH 17/7 23/8 24/8 28/8 IRINI 27/7 31/8 1/9 5/9 Alm ittept ng Carpi to
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      Page 30 Advertisements Column 3
      1280 30 WtkAaWA SMUt ti REGULAR INDEPENDENT FULL CONTAINER SERVICE WE&TB&UNC) W)R EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA 7 ALG) ROT) HAM) NORASIA SUSAN 9019-3 13/07 03/08 05,08 08/08 1008 11/08 1208 I*oB LS/W ARABIAN SEA 9020-3 20<07 1008 1208 15-08 IM* 21W 22«
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      1666 31 SLjgSteamers Maritime Holdings Ltd tL? p&o Containers mr Voy No P Kla«« S port S ton H'tori I'MwH Hm La* ACCEPTS DUE SAILS kasuga i torsn »t »hu-»? ma om» nm WW* cargo TOLAfiA BAY 10f5i4 *-BAN-10(7 1W D4IAM RRMKF Vltf I*h hk |p pf |4 Jul CARDIGAN BAY W*J
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      1675 31 TO: EUROPE TO: FAR EAST SP LM ROM HAM B'HVN FIX SPORE HK KAO KOB BU HANJIN LEHARVE (WW IS/7 lit 3/1 W V HANJIN OAKLANO OOK I*7 11/7 20(7 2*7 XP HANJIN FELIXSTOWE 003W 21/7 tit lit 10/1 U* CHOYANG SUCCESS 00X *7 2/1 3/1 t/S 1/t CHOYANG PARK
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      Page 31 Advertisements Column 3
      22 31 S PORE LOADMG FOR MORA IS/7/90 PHNOMPENH/KOMPONGSOM NINA 16/7/90 HOCHIMINH/VUNGTAU SELM SHIPPING A TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: *****46
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      Page 31 Advertisements Column 4
      389 31 jgjHas 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 »/7 2/8 Penang 28/7 Hong Kong Yokohama 13/8 i Nagoya 11/8 15/8 o*aka 9/g 13/8 S«flboku 9/8 Kashima
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      602 32 I M. B4MU^\ioyT.rr^«iuoyo ifT. MMVKM IMOMStt P.T. TMtffltt ItOYD CR NBR **********0-D EXPRESS SEMI-CONTAINEHSHIP SERVICE VSL/VOY S PORE R OAM M'BURC BREMEN ANTWERP ADAM SRIWIJAYA/nWB IS-22/7 23/1 W 2M J/» I PANJANC/2CWB OPH» W» W* Jg KUTAI/20WB IHW 1V» 1W nH W FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Bub|Kl to
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      Page 32 Advertisements Column 2
      822 32 Itft HANJIN SHIPPING ll FULL CONTAINER SERVICE I 1 FEEDER VSL SIN LINE HAUL LAX OAK S port LtHjvrt R datn Hbu'f Shawn Fitow OAKLAND OOSE IS/7 H KUNSAN D64E 17/1 IKB HANJIN LE HARVE 00BW 15/7 11 2/4 3/1 5/1 M <jirrf« M* W7 H POHANG ICE Hit Kit
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      1491 32 y i tz2 m| -TT^^ [Jm v hhih ja I I I I I 1m SGP MS KSC KLC ns HKT OH 9U TYO BAL NYC LHV «IH «[N FU NK S» I ever growth up up jsp op vp mp m vt at m h w w iw im
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      1588 33 muppuig umes, inarsaay jaiy iz iw» 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 ERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 Aw CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 KlT(03) *****33, P.Kelang-(03) *****87,
      1,588 words
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      Page 33 Advertisements Column 2
      1208 33 m sinsov 5 t SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL- 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND Ktm 1 VOYAGE |$POK MANILA 555 VOTAGt SPOW PKLANC WWW fHAVtW TILBUtY
      1,208 words
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      1235 34 Kline KAWASAKI KISEN KAISHA. LTD. I i mtt) i n N ..Mf.nimi.itßt j lmfom w. ammca pacific goera-wasT I StP CHI NYC HI JJ* Hl* *wum«i T T> If I MfDITERRANCA 04 12/7 13/7 14/7 MANHATTAN BRIDGE 4 5/11/19/1 12/1 11/ w optorc 17 xy* *<> 1/7 LIONS GATE ItlOtt
      1,235 words
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      Page 34 Advertisements Column 2
      1130 34 PHILI-ORIENT LINES PTE LTD S? 1 (The Complete NVOCC Package) 10 JULY MONTREAL, Ottawa, toronto, VANCOUVER, S"WESTERN ONTARIO. 13 JULY DUBAI, DAMMAN, KUWAIT, DOHA, WINNIPEG, >>} .111 v SS BAHRAIN ABU DHABI REGINA, SASKATOON, I 24 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON, PENT ICTON 20 JULY COLOMBO, KARACHI, BOMBAY,
      1,130 words
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      1626 35 PACIFIC INTERNATIONAL LINES (PTE) LTD mm Jv mm P,L Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA I I BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 9021 14/7 14/7 MTJ KOTA NAQA 10N 14/7 17/7 21/7 KOTA MELATI 12SB 14/7 18/7 19/7 PEGASUS PROGRESS
      1,626 words
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      Page 35 Advertisements Column 2
      1190 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT issa [VOY SPORE PKLANG SHAMPTONI HAMBURG B'HAVEN RDAM L'HAVRE asugaT 10/580 ilTpt 6/8 31/7 2/8 30/7 5/8 otaga Bay 10/584 15/7 Via Ban 18 4/8 6/8 ardigan
      1,190 words
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      Page 35 Advertisements Column 3
      263 35 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen HPA-AN VIS2W 16/1S JUL MCRGUI VIOOW 21/27 JUL MYOMAYWA VU9M 21/31 JUL ■g* THE BANK LIME (A Mrvic* of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPARII ITV I I EXPRESS TO PAPUA NEW GUINEA I
      263 words
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      863 38 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV RDM ANT HBG RST ATLANTIC SEN WFO2S 15/7 'I* M 9/1 11/8 W PIECK t/90 11/7 12/1 11/1 13/1 14/1 PARIS SEN WFO2I 24/7 16/1 17« 11/t 20/1 W ULBRICHT WW 1/1 24/1
      863 words
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      Page 38 Advertisements Column 2
      1305 38 CRYSTAL FREIGHT <CT5> SERVICES PTE LTD v TEL *****11/*****22 mm ceeseuMT— samct it FAR EAST PORT KELANG 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 ft
      1,305 words
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      Page 38 Advertisements Column 3
      169 38 ihr-LK m voy 4 VESSEL VOY SIN MAA SIN TIGER RIVER HON 14-15*7 20 71/07 77-2S/07 lIOVIK 120N 19-20/07 27*7 0240/9 TIGER RIVER 121N 27 ***** 03-04*0 HMI/M VSL VOY SMIG APORE/CALCUTTA/SMIG APORE 4 VESSEL VOY SIN CAL SIN TIGER CREEK »CNB 12 17/07 23-28/07 31-01/01 SUSAK 9SCNB 2i2Ml 0104/01
      169 words
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      Page 38 Advertisements Column 4
      1383 38 CHINA OCEAN SHIPPING COMPANY co^ 2, MISTRI ROAD, HMC BUILDING TEL: 22(1900 ff 7 FULL CONTAINER LINER SERVICE telex: rs soo coship CR NO: U*****0000M FAX ***** M General Agents: COTTAR SOPPING PTE LTD CWU: C<KTARLINE VESSEIVOY SG P FLX WOT HAM AWT OKK VESSELVOT FLX BOT MAM ANT DKI
      1,383 words
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      478 39 I CALCUTTA DIRECT SIN CAL TIGER CREEK 98 CNB 17/7 23/7 SUSAK 99 CNB 24/7 1/8 TIGER CREEK 100 CNB 30/7 6/8 SUSAK 101 CNB 9/8 18/8 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALLOL 18/7 CTG. MONGLA BANGLAR PROGOTI 19/7 S. KOREA. JAPAN Bisr ETA S PORE LOADING
      478 words
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      Page 39 Advertisements Column 2
      587 39 tell RICHFIELD MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 Llnee) IT? FAX: *****15/*****03 fH] TELEX: RS ***** RISHIP (3 Llnaa) PiT\ ETHIOPIAN SHIPPING UNES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESStL IVOY ETA ILOADWSG7CW SPORE ABBAY WOHZ 25W8 28/00 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOOCIOAH ANOtNET
      587 words
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      Page 39 Advertisements Column 3
      611 39 a_||_P.T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORE, INDONESIA. MALAYSIA 6 THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN
      611 words
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      Page 39 Advertisements Column 4
      620 39 BANGKOK MANILA/CEBU VESSEL [vOY I SINGAPORE I IftOTTOW IvffW *0T STOM ffffM 7 MANILA TWM. t -f—| 1 MAMA SWUM# 17N Thur In Pt Won IS/7 AKA BHUM 2*S 13/7 19/7 21/7 MEKHANIK KURAKO 17N Thuf In Pt Hon 15/7 jq ORIENT 29R 28/7 21/7 28/7 SIKI BHUM# <aw Fn
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      Page 39 Advertisements Column 5
      390 39 \asHsfv POSEIDON CONTAINER TRANSPORT GMBH HAMBURG V SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA TRANSSIBERIA SERVICES ACCEPT TO FROM INLAND DESTINATIONS CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SIN 22/7 25/7 31/7 12/8 (VIA ILYICHEVSK) IRAN Djulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) EASTERN/CENTRAL FAR pORTS EUROPEAN PORTS SINGAPORE OTHER PORTS
      390 words
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      Page 40 Advertisements Column 1
      1274 40 MAC-HELS SINGAPORE EXPORT TEL: *****22 J IMPORT TEL: *****02 1 1 PENANG TEL: (04) *****6 KK TEL (088) *****0 TAWAU TEL: (089} 7/8679' KELANG TEL (03) *****77 LuCHING'TEL (082) *****3 SKAN TEL (089) *****2 -l\-/\" J BAHRU TEL. (07) *****2 ISIBU TEL (084) *****2 LABUAN TEL (087) *****9 1 JAKARTA
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      Page 40 Advertisements Column 2
      526 40 |jBLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF. CHRLSTCHURCIL DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK IVT MANOAMA 0576 U Jul 21 Jul ViJ NPL 30 Jul
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      Page 40 Advertisements Column 3
      1150 40 /SRI THONG SOON LINES PTE. LTD. I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH "vessel vot leto Imst yum m lin kit KIM SOON LI 28/90E 14
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      443 43 TIDES AND WEATHER TODAY'S TIDES (lw#t in metres) HOW 0000 0100 0200 0300 0400 0500 0(00 0700 MOO WOO *****100 1200 *****400 *****600 1700 1100 1900 ?00C 2100 2200 2300 n 7 q 3 31 2 8 22 1.5 1.0 0.6 0.4 0.4 0.6 1.0 1.7 12 2.4 2.4 2.2
      443 words
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      431 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL I" •B* 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 H TBN
      431 words
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      Page 44 Advertisements Column 2
      615 44 HYUNDAI) MERCHAKT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA ro PSW SIN HKG LBH OAK SEA CHI FROM PSW LBH OAK SEA HKG SIN A, AMD,A BE 12/07 19/07 06/08 09/08 12/08 11/08 HYUNDAI EXPLORER 31W 04/06 07/06 10/06 28/06 07*7 HYUNDAI CHALLENGER 3SE 21/07 26*7 13*8 16*8
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      Page 44 Advertisements Column 3
      582 44 CHARTPOINTI Every Saturday in Business Times IrMter from fvs PWCIPW. |**t» Vmml |V« Sm I LA* |OAK |MMj |OAI I CHI/ I NO* NOI I NTC I Cut ■OHCA WauWiwT Via ~W ALLICATOR CLORY V ICw" ~ujT WHT 7» >0 W~ ~~W W OUR USA tunc* KMuwiiir Ttn W allwator
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