The Business Times, 13 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 Friday July 13 1990 75*
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  • NEWS SUMMARY
    • Article
      Two-tier EC monetary union divisive, warns UK
      64 1 MR ROBIN Leigh-Pemberton, governor of the Bank of England has warned of the divisive consequences of a twospeed approach to European Monetary Union. The governor's remarks are a response to remarks by Mr Karl-Otto Poehl, president of the German Bundesbank, that monetary union
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    • Article
      Cable option
      35 1 SINGAPORE Telecom is prepared to allow building owners, upon their request, to manage their own cable systems, said Mr Wong Hung Khim, president and CEO at the Total Building Conference yesterday Page 2
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    • Article
      Chipping in
      28 1 A TROUBLED local computer company that developed the Brushwriter bilingual software has found a buyer in a property group interested in diversifying its operations Page 2
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    • Article
      Penang Bridge bid
      25 1 A PRIVATE company has submitted a proposal to take over the $1.25 billion Penang Bridge under the government's privatisation programme Page 7
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    • Article
      Soviet sell-off?
      36 1 THE SOVIET UNION may be forced to sell more commodities to raise foreign exchange now it is clear that large-scale aid from the world's richest nations is not immediately forthcoming, analysts said... Page 8
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    • Article
      Taiji dancers
      31 1 FIRST we had the Mutant Ninja turtles. Then some smart alec invented the Mutant Taiji lizards. And now, a Singapore choreographer is presenting the Human Taiji dancers Page 15
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    • Article
      BOS scales down
      26 1 BALTIC ORIENT Shipping, which is caught in legal tussles in two countries, has scaled down its Singapore operations substantially.. Shipping Times, Page One
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  • MARKETS SUMMARY
    • Article
      Dow lower
      37 1 US BLUE CHIPS trimmed earlier gains amid further weakness in the bond market. The Dow was off about one to 2932 in early trade, after jumping to a high at 2948. Dediners led gainers narrowly.
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    • Article
      Footsie higher
      39 1 LONDON share prices were higher at midday yesterday, boosted by interest in international stocks as sterling lost ground. At 1100 GMT, the Financial Times-Stock Exchange 100-Share Index was up 20.5 points, or 0.9 per cent, at 2,381.0.
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    • Article
      Aerospace contracts
      25 1 SINGAPORE AEROSPACE, the first of the four Singapore Technologies group companies to go public, has secured two contracts totalling US$4O million Page 3
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    • Article
      Hotel costs double
      27 1 PROJECT COSTS for a Shan-gri-La hotel on Sentosa has doubled to almost $100 million with an increase in the number of rooms Page 3
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    • Article
      $3.4b raised
      26 1 PUBLICLY-LISTED Singapore companies raised a total of $3.4 billion through the local stock market during the 15month period ending March this year Page 3
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    • Article, Illustration
      STOCK INDICES
      30 1 Thursday Change BT-MGA 804.41 +5.24 Kuala Lumpur 606.12 -f 11.79 Hongkong 3,468.59 +27.66 Tokyo 32,575.32 +281.14 Sydney 1,606.5 +15.2 Wednesday Change New York 2,932.67 +41.83 London 2,360.5 +33.0
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    • Article
      CURRENCIES
      22 1 Exchange rates US$ S$ 1.8185 Yen SSI.2225 M5 SSO .6725 Money market rates Overnight 4 1/4% -IVi 3-month 7 3/8% -1/8
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    • Article
      COMMODITIES
      34 1 London Gold PM fix US$351.45 -US$2.85 Rubber S'pore Aug l55.50Vkg +1.25 M'sia Aug M230.50'/kg +0.50 KL Tin Turnover 95 tonnes +11 Spot M$16.07/kg +14 Crude palm oil Turnover *****ots +28 Jul M$664/tonne -4
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  • Article
    Singapore Shipbuilding listing likely this month
    377 1  -  By Linda Chee SINGAPORE Shipbuilding Engineering Ltd (SSE) has received in-principle approval from the Stock Exchange of Singapore for a public listing, which sources say is likely to be at the end of this month. Mr Lim Ming Seong, executive chairman of SSE, said
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  • Article
    Tan Yu group starts work on Asiaworld City within Manila
    242 1 THE TAN YU Group, masterminded by the region's second-richest man and his daughter, has started building the Asiaworld City. It will be ready by the year 2010 at a cost of U5522.7 billion. And soon, it will take a quantum
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  • Article
    Lock icon Singapore cannot replace US bases in the Philippines: envoy
    199 1 AFP SINGAPORE cannot be a substitute for US bases in the Philippines, and is mostly offering, refuelling and repair facilities for American warships and planes, Singapore ambassador to the Philippines, Mr Edward Lee, said in Manila yesterday. He added: "The facilities
    AFP  -  199 words
  • Article
    Lock icon China-Saudi ties report sparks Taipei sell-off
    306 1 Reuter JITTERY Taiwanese investors yesterday dumped shares after news reports that Saudi Arabia might switch its diplomatic recognition to China, further depressing the already stricken stock market. "It (Saudi-China ties) used to be a rumour, but this time it looks like it's true," said
    Reuter  -  306 words
  • Article
    S'pore, Jakarta agree on benefits of Apec projects
    386 1  -  INDONESIA FORUM From William Chia in JAKARTA BOTH Indonesia and Singapore agree that the work projects to be discussed at the coming Asia Pacific Economic Cooperation (Apec) meeting in Singapore later this month will have substantial benefits for Asean. After calling on
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  • Article, Illustration
    Lock icon Time off to tee off
    51 1 All work and no play...: Drs Ginandjar Kartasasmita, Indonesian Minister of Mines and Energy (second from left) plays host to Mr Chandra Das, BG Lee Hsien Loong. With them is Mr Siswono Yudohusodo, Minister for Public Housing (right). Picture by Yap Picture by Yap Yew
    Picture by Yap Yew Piang  -  51 words
  • Article
    Lock icon Ghafar likes idea of MRT link to JB
    147 1 Bernama MALAYSIA is agreeable in principle to the idea of extending Singapore's Mass Rapid Transit (MRT) service to Johor Bahru, Deputy Prime Minister Ghafar Baba said yesterday. However, any agreement should be on the basis that the Singapore-Johor Bahru sector be operated
    Bernama  -  147 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      306 1 Exclusive Trifari Triple Plating (Quality Guaranteed Made in USA Trifari ('.oiuilrri: Man Katon|t Mrlm.'Far Kasl, Marina, Paragon Daimaru Watson's Forum (.aIU ria OUB Centre, Tuan Sing Tower. ODE TO JOY OR CONFUSION? 10 FIRST LADY OF BUSINESS 11 SOCIALISM AND TANZANIA 12 Aircraft Schedule 25 Money Changer Rates 25 World
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      Page 1 Advertisements Column 2
      133 1 S'pore Aerospace bags two contracts, Pg 3 Taiwan's brokers struggling for survival, Pg 4 A GOLDMINE in the heart yield currencies: A$ and of Paris? It may sound unbe- Outlook for Thai stock Believable but that's exactly market what a Singaporean gemolo- gist (right) discovered when Executive Jobs she opened
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      Page 1 Advertisements Column 3
      3 1 Analysis, Pg 11
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    • Advertisement
      Page 1 Advertisements Column 4
      104 1 I [IP 3 I o. Quadruple Zoom+Auto Two-Color M,MOCTA WELCOME TO THEi-CLASS THE A CLASS is the mark of high ambition. For the individual who demands quality and timeless elegance. Etienne Aigner is the style. It's that certain A LEATHER FASHION TREASURE EYEWEAR ACCESSORIES Q Singopce Etienne Aigner Shops operated
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Yock Suan to be guest of honour at conference
        94 2 THE MINISTER for Labour, Mr Lee Yock Suan, will be the guest of honour at a three-day conference entitled Human Resource Management in the *****: Key Issues and Initiatives to be held from July 18 to 20 at the Shangri-La Hotel.
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      • Article
        SAF to hold military exercises
        64 2 THE SINGAPORE ARMED FORCES will be conducting military exercises in Lim Chu Kang, Hong Kah, Marsiling, Mandai, Sembawang, Loyang, Tampines, Tuas, Upper Jurong, Jalan Bahar, Kranji and Seletar from Bam next Monday to 12 noon next Saturday. The Ministry of Defence has advised the public
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      • Article
        Yeo visiting Wishing Well
        59 2 THE MINISTER for Communications Information, Dr Yeo Ning Hong, will be visiting the Wishing Singapore Well tomorrow at 12.30pm. Dr Yeo, who would be leading a contingent of staff from the ministry and its six statutory boards, would be accompanied by the Senior Parliamentary for Communications
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      • Article
        Form for Guinness hopefuls
        68 2 THE PUBLISHING DIRECTOR of Guinness Publishing, Mr Mark Cohen, will soon announce that participants attempting records can now make use of a participation form, whose format has been endorsed by the team at the Guinness Book of Records in Enfield. Mr Cohen is in Singapore to
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      • Article
        Seminar on emergency plans
        81 2 THE MINISTRY of Trade and Industry will organise a seminar on the Food and Fuel Plans on July 16. These pfans deal with the supply of essential food commodities and fuel to the population during an emergency. The Minister of Trade and Industry, Brigadier-General (Res) Lee
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    • Article
      New NPB-SIA venture to offer training in customer service
      404 2  -  By David Gabriel THE NATIONAL Productivity Board and Singapore Airlines yesterday signed an agreement to form a jointventure company which will provide training in customer service to local companies. It is due to become operational in November this year. Capitalised at
      404 words
    • Article
      Comtech buys 'bilingual software' company
      281 2  -  By Claire Leow A TROUBLED local computer company that developed bilingual software has been acquired by Comtech Industrial Holdings, a property group that is diversifying its business. Comtech, which set up Comtech IT to handle the new business, declined to disclose the purchase price for
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    • Article, Illustration
      Edberg and Chang coming
      219 2 SINGAPORE sports fans will get a taste of world-class tennis later this year when Wimbledon champion Stefan Ed berg faces former French Open champion Michael Chang in the Supertennis Challenge. The event, scheduled for Sep 29, was announced by promoter Australian Sports Marketing (ASM) yesterday. ASM
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    • Article
      Freer hand for building owners on cable systems
      259 2  -  By Dexter Lee SINGAPORE Telecom is prepared to allow building owners, on request, to manage the internal cable systems of their buildings, Telecom president Wong Hung Khim said yesterday. Owners would then have direct and better control of the running of their
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      165 2 Managers must manage. BT every Monday. An inspiring lifestyle begins with d-SCAN Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any of our Renowned for
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      S Aerospace bags two contracts worth US$40m
      338 3  -  By Abdul Hadhi SINGAPORE AEROSPACE, the first of the four Singapore Technologies group companies to go public, has secured two contracts totalling US$4O million. In an announcement yesterday, the company said that the first contract, worth approximately US$lO million, was secured from Kuwait
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    • Article, Illustration
      Developer doubles number of rooms for Sentosa hotel
      316 3 A DOUBLING of rooms at a hotel that the Shangri-La International chain is building on Sentosa means that the project cost has gone up from $52 million to between $90 million and $100 million. The hotel, which is being developed by Sentosa
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    • Article
      Local companies raised $3.4b through stock market in 15 months
      531 3 PUBLICLY-LISTED Singapore companies raised a total of $3.4 billion through the local stock market during the 15-month period ending in March this year. According to the Monetary Authority of Singapore 1989/90 annual report, these companies raised $2.5 billion last year,
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    • Article
      Lock icon Magnum to hold EGM on Sri Damansara
      246 3 Bernama MAGNUM Corporation Bhd will hold another extraordinary general meeting (EGM) soon to consider its proposed disposal of the entire paid-up capital of subsidiary Sri Damansara Sdn Bhd (SDSB) to General Lumber Bhd for Ms2oo million. Magnum executive director Lim Kim Wah told
      Bernama  -  246 words
    • Article
      Kuok gets foothold in leisure business through GB stake
      382 3  -  By Lim Mui Khi THE KUOK GROUP'S substantial stake in pleasure cruiser maker GB Holdings will give it a foothold in the mushrooming leisure business in Singapore. The Kuok group, which already owns the prestigious Aberdeen Marina in Hongkong, wants a
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    • COMPANY BRIEFS
      • Article
        Malayan Cement profit doubles
        144 3 MALAYAN CEMENT Bhd has reported a doubling in its group pre-tax profit to M 529.63 million for the first half-yefcr ended May 31, 1990 from M$ 14.72 million in the previous corresponding period. Turnover rose 27.6 per cent*to M$ 146.82 million from M$ 115.04 million previously.
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      • Article
        LTAT raises stake in Boustead
        92 3 LEMBAGA TABLING Angkatan Tentera (LTAT) has increased its stake in Boustead Holdings Bhd to 61.92 million shares, or 34.79 per cent of Boustead. Permata Merchant Bank Bhd said in a statement issued on behalf of the armed forces fund board that LTAT yesterday purchased another
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      • Article
        CSM sees tough competition
        67 3 FOOD-BASED Cold Storage (Malaysia) Bhd expects a "difficult and competitive" business environment which would affect the group's principal activities, said chairman Tan Sri Haji Basir Ismail in his maiden annual report. "However, with the sustained growth in the Malaysian economy an£ improved trading margins, your directors
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      • Article
        Uniphone expects improvement
        51 3 UNIPHONE Telecommunications Bhd expects improved results in the forthcoming years in view of the buoyant Malay-* sian economy and its own efforts to remain competitive. Uniphone chairman Tan Sri Shamsuddin bin Abdul Kadir said the group's cable, main distribution frames and other manufacturing operations were expected to
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    • Article
      Lock icon SPTI explains sale of Sports Toto, MWE shares
      339 3 Bernama SOUTH PACIFIC Textile Industries Bhd (SPTI) has realised a profit of M 520.75 million from its sale of shares in Sports Toto Malaysia Bhd and MWE Holdings Bhd. In a circular to shareholders, he said SPTI disposed of 4.050 million ordinary
      Bernama  -  339 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      91 3 FOR AUCTION Extremely Rare Opportunity to buy prime retail/office space in Singapore's shopping/tourist belt I iLfln 1 Approximately 9000 sq.ft. on the 6th floor, LUCKY PLAZA. Extremely valuable space with great possibilities. Continuous window frontage onto Orchard Road in which a company name may be prominently featured. Immediate access from
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Fujitsu makes advance in integrated circuit
        115 4 FUJITSU LTD said on Wednesday it developed a galium arsenide-based large-scale integrated (LSI) circuit, the first of its kind in the world. A Fujitsu official said the M*****0-se-ries LSI can process data at the same speed as the most sophisticated silicon LSI, but it
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      • Article
        Goodman unit makes purchase
        69 4 GOODMAN Fielder Wattie Ltd said its European unit Meneba NV will buy the Alkmaar flour milling operations of N'Timmermann BV for an undisclosed sum. The purchase will confirm Meneba as the largest flour miller in the Netherlands with about 35 per cent of the market. It
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      • Article
        Cairns buys property
        72 4 CAIRNS Peninsula Hotel Pty Ltd, a wholly-owned unit of Oaikyo Inc, has bought a hotel and two condominium buildings in Cairns, Queensland, from Huntbrook Pty Ltd for As7B million. Daikyo said the 13-storey Four Seasons Hotel has 242 rooms, while the adjacent condominium buildings include a 15
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      • Article
        Comalco expects slowdown
        87 4 COMALCO New Zealand Ltd's 1990 profit will be less than the NZ$llB.6 million for 1989 due to lower world aluminiuih prices, managing director Kerry McDonald said. He declined to say by how much, but added that the world aluminium industry seemed reasonably well placed overall. Qmialco NZ,
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      • Article
        Toshiba plant up and running
        95 4 TOSHIBA Systemes (France) SA has set up its second copier plant near Dieppe, Normandy, and started production. A spokesman for Toshiba Corp said the move is to meet the growing demand for copiers in Europe. Toshiba Systemes is owned 74 per cent by Toshiba and
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    • Article
      Thai airline shares may be pegged at 23,000 baht
      445 4 A COMMITTEE studying the privatisation of Thai Airways International (THAI) has come up with a preliminary price for public offer of 23,000 baht (S$ 1,678) a share, according to The Nation. The shares, which have par value of 1,000 baht, will
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    • Article, Illustration
      Lock icon Taiwan's brokers struggling for survival in the aftermath of the crash
      405 4 Reuter TAIWAN'S stock market crash has led to the first closure of a brokerage and market analysts said more brokers are struggling to survive. Chao Cheun Securities Company, based in the southern city of Tainan, was closed because of
      Reuter  -  405 words
    • Article
      Lock icon Videotech to withdraw HK bourse listing
      265 4 Reuter HONGK.ONG electronics maker Video Technology Group Ltd will withdraw its listing from the local bourse and seek a primary listing on stock exchanges in the US. A stock exchange statement yesterday said Videotech will cancel its existing share capital in the Hongkong Stock
      Reuter  -  265 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      110 4 CHARTPOINT Every Saturday in Business Times /V If you're a Royal First Class or Royal Executive Class passenger in transit at Thai's Royal Executive Class lounge in Bangkok, you'll find that whilmg the time away becomes so much more pleasant. Here you can relax in total comfort, in the spacious
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon ICI and partner in talks to sell £1b plastics business
      471 5 NYT IMPERIAL Chemical Industries of Britain and Italy's Eaimont are discussing the sale of their jointly-owned plastics business, one of the world's biggest, for up to £1 billion to Occidental Petroleum of the US. The talks concern the Brussels-based European
      NYT  -  471 words
    • Article
      Lock icon European companies launch high-tech television
      156 5 Reuter VISION 1250, a group of 14 broadcasting, production and electronics firms, has launched the European Community's television of the future. It said its high definition television (HDTV) would transform the world TV market, valued at more than US$B5 billion a year, with sharper pictures,
      Reuter  -  156 words
    • Article
      Lock icon Wall St likely to post lower earnings in second quarter
      357 5 Reuter WALL STREET firms are expected to post lower second quarter earnings than their blockbuster year-ago quarter, but belt-tightening should yield the group's first collective profit in three quarters, analysts said. Wall Street firms as a group should post second
      Reuter  -  357 words
    • COMPANY BRIEFS
      • Article
        Lyonnaise-Dumez vote due in September
        110 5 SHAREHOLDERS in French water utility Lyonnaise des Eaux and builder Dumez will be asked to vote on a merger at extraordinary meetings to be held in September, Lyonnaise chairman Jerome Monod said. Monod confirmed the companies would merge to form a firm called Lyonnaise des
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      • Article
        Courtaulds makes purchase
        100 5 BRITISH chemicals group Courtaulds said on Wednesday it was buying the industrial coating activities of US concern Desoto for US$l35 million. The interests acquired by Courtaulds are in the United States, Canada, Britain and Singapore. Desoto is one of the leading US makers of industrial coatings for
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      • Article
        Trabant for a princess
        123 5 NOBODY wants to buy East Germany's putt-putting Trabant cars any more nobody, that is, except Princess Gloria Thurn und Taxis of Bavaria. The princess was so enchanted with a model on display in a West German showroom that she bought it on the spot, the East
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    • Article
      Lock icon US carmakers accelerate into Europe
      349 5 AP TEETERING trade barriers in the West and the opening of closed economies in the East have been making Europe as a whole the target of lis carmakers, which are moving with unaccustomed speed to exploit the market. General Motors, Ford and to a lesser
      AP  -  349 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      77 5 It s our Happ\ 1 Opening Hours Hour treat at Sun ro Ihurs IS 1 Mu.sie l\ and pub hols Lounge! 3pm to lam. only tor your Hi, Sat and l-vc Ixtr or standard w P ll) s drink Nightly spm to 2am trom 3pm to as^SS!®®^®*;i c ML's;r nt
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      Page 5 Advertisements Column 2
      424 5 JA J aJ iAli ***** Do you know of someone who is doing a particularly admirable job of juggling the demands of bothnfemily and work? Perhaps |fr 1«J she also manages to find time for community involvement. If ,W£gntt» J_~ you know of someone like this who has made an
      424 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Credit Lyonnais to take hold of Spanish bank
        88 6 FRENCH banking group Credit Lyonnais said it has agreed in principle to buy an 83 per cent stake in Banco Comercial Espanol SA from Spain's Banco Santander. A Credit Lyonnais spokeman declined to disclose the price of the deal, which still has
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      • Article
        Agricole buys two Ibercorp units
        54 6 FRENCH bank Credit Agricole has acquired a 70 per cent stake in the consumer credit and leasing subsidiaries of Spanish banking group Ibercorp. Ibercorp Financiacioncs and Ibercorp Leasing, both established in 1987, have a national network of 38 offices, and their portfolio was worth two
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      • Article
        Prudential to close 175 offices
        75 6 BRITISH insurance group Prudential said on Tuesday it was to close 175 of its estate agents' offices, or more than a quarter of its total, and axe 500 jobs, because of the slump in the property market. Prudential, Britain's largest institutional investor, had already closed
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      • Article
        Panama unfreezes US$1.1b
        62 6 PANAMA freed US$l.l billion in time-deposits frozen in 1988 during a bank crisis sparked by efforts to oust former strongman Manuel Antonio Noriega, the Finance Ministry announced. Panama's banks were shut down to all but offshore transactions in March 1988 after then-President Eric Arturo Delvalle tried to
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      • Article
        Mexico amends bank bill
        34 6 MEMBERS of a congressional finance committee have amended a presidential bill to privatise Mexico's banks, imposing tighter curbs on foreign investment as debate on the bilf opened earlier this week.
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    • Article
      UK fund manager opens rep office here
      277 6  -  By Quak Hiang Whai LEADING BRITISH fund manager, Templeton, Galbraith Hansberger (TGH), which listed its shares on the Stock Exchange of Singapore late last year, has opened a representative office in Singapore. The Singapore office, which started operations last week, will conduct research
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    • Article, Illustration
      Lock icon Malaysian insurers should not keep away from motor business
      372 6 Bernama ALTHOUGH the motor insurance sector may be going through a difficult period, motor business can be profitably underwritten if claims costs and management expenses are prudently managed, Bank Negara deputy governor Datuk Dr Lin See Yan said yesterday. Dr Lin,
      Bernama  -  372 words
    • Article
      Mark contract resembles Liffe's
      238 6 THE SINGAPORE International Monetary Exchange (Simex) said its three-month Euromark interest rate futures contract will duplicate the London International Financial Futures Exchange's (Lifle) contract. Simex said in a statement yesterday that the contract, the third mark contract on the exchange, would be launched in September. The
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    • Article
      Lock icon Adsteam said to be selling Westpac, NAB shares
      222 6 Reuter THE ADELAIDE Steamship Co Ud is believed to be the leading seller of shares the last two days in Westpac Banking Corp and National Australia Bank Ltd, analysts said. About 10.2 million Westpac shares, including a special sale of 7.2 million
      Reuter  -  222 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      55 6 A super queen size bed with high upholstered I headboard elegantly covered with fabrics different I > in patterns and colours. Two adjustable pillows serve as headrest. The night tables-with rotating top and drawers come with exclusively designed lamps which, along with headboard, complete a dramatic setting. The bed frame
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Company proposes taking over Penang Bridge
      339 7 NST A PUBLICLY-LISTED company has submitted a proposal to take over the M 51.25 billion Penang Bridge under the Malaysian government's privatisation programme. Under the proposal, the company will collect the toll and pay the balance and interest due for the construction of the
      NST  -  339 words
    • Article
      Lock icon Nakayama visit to boost aid to Laos
      140 7 AFP JAPANESE Foreign Minister Taro Nakayama is to visit Laos in early August on a mission to boost Japan's economic assistance development to Vientiane. A Japanese Embassy spokeswoman in Bangkok said yesterday that Mr Nakayama, who is due to arrive in Thailand on
      AFP  -  140 words
    • Article
      Lock icon South Korean vehicle exports rebound in June
      309 7 AP SOUTH KOREA'S car exports in June increased 120 per cent from May, but declined by 2.2 per cent from a year earlier. The Trade and Industry Ministry in Seoul said yesterday that the increase in June over May was largely attributable to
      AP  -  309 words
    • Article
      Lock icon Aquino approves four projects
      193 7 Reuter PRESIDENT Corazon Aquino has approved four Philippine development projects, including three power generation plants, costing a total of 12 billion pesos. The National Economic and Development Authority (Neda) said on Wednesday that all the projects will be partly financed through foreign loans. It did not
      Reuter  -  193 words
    • Article
      Manila looks to electronics sector to join NIE ranks
      355 7  -  From Al O Labita Jr in MANILA THE PHILIPPINES has pinned its hopes on its electronics sector, dubbed the "sunshine industry", in its bid to join the ranks of "newly industrialising economies" in the next decade. The National Statistics Office (NSO),
      355 words
    • NOTE BOOK
      • Article
        Tokyo's Asean trade surplus up
        98 7 JAPAN'S trade surplus with the Association of South-east Asian Nations (Asean) rose from US$B3 million in June last year to US$BOO million last month. Exports to the six-nation grouping jumped 29.6 per cent to US$2.B billion, while imports dropped 0.5 per cent to US$2.O billion.
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      • Article
        Critic under threat leaves Manila
        82 7 THE PRESIDENT of the American Chamber of Commerce in the Philippines, who recently criticised government economic policies, left the country last week after warnings his life was in danger, sources said yesterday. Mark Blacker, who is also first vice-president of the American Express Bank and
        82 words
      • Article
        Australian-Pakistani trade pact
        44 7 AUSTRALIA and Pakistan signed a trade agreement in Canberra yesterday which includes the establishment of a joint committee to expand two-way trade. Australia's exports to Pakistan have doubled over the past three years, while imports have risen by 50 per cent.
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      • Article
        Soviets pessimistic about talks
        62 7 THERE HAS been "tremendous progress" on resolving the Cambodian crisis in the past two years, but the expected absence of the four main parties from talks scheduled for next week in Paris will delay a final settlement, Deputy Foreign Minister Igor Rogachev, who is to head
        62 words
      • Article
        Jakarta outlines forestry policy
        76 7 THIRTY million hectares of Indonesian forest will be chopped down in the next decade for rice and other agricultural production, Emil Selim, the Minister of the Environment said in Jakarta on Wednesday. "Of 144 million hectares (of forest), 48 million will be protected forest where activities
        76 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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      Page 7 Advertisements Column 2
      111 7 Japan Airlines h Willi IF lIMII E I C I. HMore space per seat. And still more space between seats. You can't help noticing deep wing backs for seats, adjustable headrests and lumbar supports individual cushioned slide-out footrests. Even a 5-inch video screw that swings out from your armrest when
      111 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        US debt limit must be raised: Treasury
        70 8 THE US TREASURY told Congress on Wednesday it must boost the federal debt limit to US$3.5l trillion before 11 begins its August recess or a first-ever government default likely will occur before lawmakers return in September. The current debt limit is US$3.l2 trillion
        70 words
      • Article
        Boost for small E German firms
        51 8 EAST GERMANY'S government wants to promote small and medium-sized firms by selling them land at preferential rates. A government spokesman, Mr Matthias Gehler, told reporters that companies employing up to 500 people could buy land from East Germany's local councils at lower than market
        51 words
      • Article
        French economy likely to slow
        81 8 FRANCE'S economic growth in 1990 will be less than during the past two years, in line with the trend for the world economy. The National Statistics Institute (INSEE) predicted in a report released yesterday that due to a modest slowdown in global economic growth, France
        81 words
      • Article
        Go all the way, E Bloc urged
        89 8 EAST EUROPEAN countries should grasp the free market economy fully rather than take half-hearted measures International Monetary Fund (IMF) managing director Michel Camdessus said on Wednesday. Mr Camdessus, in Geneva to address a United Nations meeting, said East European countries needed to cross
        89 words
    • Article
      Lock icon Call to reward reform-minded debtor nations
      389 8 G-7 summit meeting in Houston AFP THE WORLD'S seven biggest market economies have called for debt-relief measures to reward countries which implement "strong" and "courageous" economic reforms. But the final communique issued at the end of their three-day summit in Houston on Wednesday fell
      AFP  -  389 words
    • Article
      Lock icon China lauds G-7 move to ease sanctions
      154 8 AFP CHINESE Prime Minister Li Peng has welcomed moves by the Group of Seven (G-7) at their Houston summit to ease sanctions against China, but said they had not gone far enough. Mr Li told a State Council (cabinet) meeting on Wednesday that
      AFP  -  154 words
    • Article
      Lock icon Stalled Soviet aid plan puts pressure on commodity sales
      333 8 Reuter THE SOVIET UNION may be forced to sell more commodities to raise foreign exchange now that it is clear that large-scale aid from the world's richest nations is not immediately forthcoming, say analysts in London. Leaders of the Group of
      Reuter  -  333 words
    • Article
      Lock icon US electronics may be endangered by chip decline
      300 8 NYT THE US National Advisory Committee on Semiconductors was expected to issue a report yesterday stating that the electronics industry was endangered by a decline in strength of the US companies that produce sophisticated equipment and materials for making computer chips. The
      NYT  -  300 words
    • Article
      Lock icon Loss of jobs could leave US prone to recession
      263 8 Reuter A MOUNTING toll of job losses in US manufacturing industries may soon spread to the service sector and make the world's largest economy more vulnerable to recession, analysts in Washington say. Hundreds of thousand of Americans in basic businesses from
      Reuter  -  263 words
    • Article
      Lock icon EC may lift quotas on E European imports
      117 8 AP THE European Commission has proposed suspending quantitative restrictions on imports from East European countries starting in October. The Brussels-based Commission said on Wednesday that it will ask member states to approve the suspension of the quotas, which were a feature of
      AP  -  117 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      187 8 Editorial, Pg 10 SUBARU VIKI. ISN'T IT TIME YOUR COMPANY HAD AN ECONOMY DRIVE? I I I Fn —1 executive could possibly to another. And Viki is so good looking Company cars don want The rear sea ts fold that it's bound to improve the image of come any more
      187 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      228 9 It's ironic really. To think that increasing your productivity could be so A bit too much to imagine? Well, u P i^° the^' neers financially unproductive, tet, as many of your tenants have discovered, fewthings at Daikin came alongwith a revolution called VRV. Oryariable Refrigerant \tolu me. burn through money
      228 words
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  • Article
    Summit of comparative calm
    497 10 EDITORIAL THE G-7 leaders gathered in Houston this year in the face of a world very different from previous years. The Iran problem seems to have gone away. The Middle East did not feature. The Warsaw Pact is all but dead. The Soviet military power is
    497 words
  • WHAT THE OTHERS SAY
    • Article
      Without fear or favour
      266 10 BRIGADIER-GENERAL (Res) George Yeo's proposal on Sunday to set up a feedback channel for soldiers that cuts across the military chain of command, if adopted, will reflect the maturing of the Singapore Armed Forces. It would mark another step forward in the SAFs efforts in recent
      266 words
    • Article
      A clear signal
      89 10 THE decision by leaders of the seven leading democracies to go their own way on the question of aid to the Soviet Union reflects the complexity of the issue. A joint task force will look into the aid question and make non-binding recommendations by the end of
      89 words
    • Article
      Litter, litter everywhere
      138 10 THE deteriorating standard of cleanliness in Housing and Development Board estates is- making the headlines. Residents have blamed town councils for this state of affairs. Although it is not exactly fair to the latter, the fact is they have not solved the problem. The crux of the
      138 words
  • REGIONAL VIEWPOINTS
    • Article
      Rather fuzzy notion
      184 10 WHAT will the US gain from the new facilities in Singapore, which are negligible in military terms? This is nothing more than part of a stubborn attempt by the US to maintain its worldwide forward deployment strategy in spite of the end of the Cold War. The
      184 words
    • Article
      Fanning the flames
      167 10 "DOG-eat-dog" is how Primary Industries Minister Datuk Seri Dr Lim Keng Yaik has described relations between producers and refiners of Malaysian palm oil, a situation that has caused the commodity to be sold overseas at lower prices and at times even at a discount. Malaysian palm oil
      167 words
    • Article
      Dark shadow over Asia
      136 10 AMNESTY International's annual report on human rights makes depressing reading. Perhaps the most alarming aspect of the report is that it highlights an escalation of human rights abuses in Asian countries that counter-balances the improved situation in Europe. The report chronicles "harsh government repression of mass
      136 words
  • Article, Illustration
    Lock icon Ode to joy or ode to confusion?
    908 10  -  East and West Germans are coming to grips with nationalism as the date of unification nears. Will the country be called simply 'Germany', and will Deutschland, Deutschland ueber Alles be its national anthem? Tom Heneghan reports on the chaos and confusion Tom Heneghan
    Reuter  -  908 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      87 10 r t! IrMt* Tr J J^>AflK«|f I;', W^L% r-irm I Tr fi 'l>r r-.^ii».i />t7/»f tf <v a Jacket or a pair- ofi ujooPpants at tke normal price, (fpet to iup a cotton skirt and a S/M tie at 4CP/o discount— a complete outfit fjor p our u/or&. BOSS HUGO
      87 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      46 10 DOONESBURY THAPS RJ6HT, TROOPS, TH£ I nAVBYOU N0... &-MAHUmm>7HeT-tWRP, SPeAKINO, BUSH PtPN'T HJHTTB HOUSe PH£AS£ AND TAO& S&NTHd HCY.IOOK, VHXATIbJG EVBVUPfm-OJ&h ACTUAIM/ SAY IT IN PUBLIC! TOTHt Pft&SPGOMBUUSWBOMP SOFTBALL Hue'RZAT S2K COMMUNITY STAN CMP TO AMP CAMBRAS R&DRPtNG YES, TH£ BUUSVN 90AFP' IS $&J-UP UJAR fV
      46 words
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  • ANALYSIS
    • Article, Illustration
      First lady of Philippine business
      1514 11  -  Harish Mehta interviews Emilia Roxas, chairman and chief executive officer of Asiaworld Internationale and its other companies, who is steering the richest business group in South-east Asia to a brave new world. In an accompanying story, he profiles her father, the tycoon of tycoons in
      1,514 words
    • Article, Illustration
      An institution by himself
      690 11 THE tycoon's tycoon, Tan Yu, a rags to riches, pub-licity-shy Filipino-Chinese business wizard, is the second richest man in South-east Asia, with his personal wealth equal to nearly half of the Philippine government's national budget for 1990. The Sultan of Brunei occupies the number one slot.
      690 words
    • Article, Illustration
      On to greater heights
      550 11 EMILIA ROXAS, Playboy empire chief Christine Hefner and actress Loni Anderson make odd company. The three, however, have been named the world's most eligible ladies by UPI. The US television series Lifestyles of the Rich and Famous has documented Ms Roxas' activities but, unlike fashionable women,
      550 words
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      44 11 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 OEPNING HOURS 11 AM TO 8 PM.
      44 words
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  • FOCUS
    • Article, Illustration
      Lock icon Tanzania stays faithful to its African socialism
      858 12  -  Despite Tanzania's economically disastrous 20-year experiment with socialism and public ownership, much of the political elite remains firmly committed to former president Julius Nyerere's 1967 blueprint for African Socialism. Julian Ozanne reports. Julian Ozanne FT BEN Mpaka, Tanzania's Foreign Minister, recently told a
      FT  -  858 words
    • Article, Illustration
      Lock icon Zambians want Kaunda to go
      789 12  -  Zambia was one of the richest and most stable African nations when Kenneth Kaunda led it to independence 26 years ago. Today, it is one of the world's poorest countries and Zambians want Kaunda to step down, reports Melinda Ham. Melinda Ham AP WHEN former
      AP  -  789 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      373 12 FRENCH LESSONS IN LIFE Lecon 1 Lesson 1: I Lecon 2 Lesson 2: La Belle Cuisine de France ft "Qui?" SI When food satisfies the palate, La France, la vie. that French je ne sais quoi. mm JM 9i£§lflk' W when it entices the eyes; when it ex- V* V
      373 words
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      Page 12 Advertisements Column 2
      33 12 INTERSTAT Elegant ergonomics. Extreme versatility. INTERSTAT-The ultimate office furniture system. J!*f—J 1 Hi■®^^*— I. TANGLIN CORPORATION (PRIVATE) LIMITED 39 Sungei Kadut Street 1. Sungei Kadut Industrial Estate Singapore 2572 Tel: *****81 Fax: *****81.
      33 words
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  • SPORTS
    • Article, Illustration
      Lock icon Bugno wins Tour stage
      346 13 AFP ITALIAN GIANNI BUGNO won the 11th stage of the Tour de France cycle race from Saint-Gervais to L'Alpe d'Huez on Wednesday, but Frenchman Ronan Pensec held on to his yellow leader's jersey. Bugno, who won the Tour of Italy last month, needed the judges' verdict
      AFP; AFP picture  -  346 words
    • Article
      Jin Han still leading the pack in spite of rain
      305 13  -  Yokohama Golf Classic By Cassandra How THE INTERMITTENT rain did not really affect the forerunners on the second day of the Yokohama Golf Classic. r Overnight leader, Lim Jin Han of Korea, carded a 72 for a 142 total, four
      305 words
    • Article
      Lock icon Stewart sets sights on British Open
      244 13 Reuter FLAMBOYANT American Payne Stewart has his sights firmly set on winning the British Open golf title at St Andrews next week. Already the holder of the US PGA title, the 33-year-old Stewart, well known for his fashionable appearance, hopes to put a second
      Reuter  -  244 words
    • Article
      Lock icon Unknown topples top seed in Swedish Open
      286 13 AP LARS JONSSON of Sweden outlasted top seed Guillermo Perez-Roldan of Argentina 6-4, 5-7, 6-3 in a secondround match on Wednesday for the first upset in the Swedish Open tennis championships in Bastad. Jonsson, a 20-year-old ranked 115 th in the world, was
      AP  -  286 words
    • SIDE LINES
      • Article
        Volvo seeds make it to quarter-finals
        135 13 THIRD SEED Mark Kratzmann of Australia defeated Brucc Derlin of New Zealand 4-6, 6-3, 6-4 on Wednesday to advance to the quarter-finals of the US$l5O,OOO Volvo Tennis Hall of Fame Championship at the Newport Casino. Kratzmann, No. 54 in the world, never lost his
        135 words
      • Article
        All Blacks skipper to miss Test
        107 13 NEW ZEALAND'S world-class All Blacks rugby team, already weakened by defections to rugby league, may now be seeing the end of the career of veteran captain Wayne "Buck" Shelford. The New Zealand Rugby Football Union yesterday announced that Shelford, a 32-year-old veteran of 22
        107 words
      • Article
        Easy win for billiards champ
        121 13 WORLD BILLIARDS CHAMPION Mike Russel of England showed he is equally proficient at the abridged version of the game with a stunning 4-1 rout of veteran compatriot Bob Gose in the quarter-final league of the second world Pro-Am championship in Bangalore, India, on Wednesday. The
        121 words
      • Article
        Mariners sink Angels
        65 13 THE SEATTLE MARINERS scored a run without a hit in the seventh inning and Erik Hanson beat Mark Langston and the California Angels 2-1 in a pitching duel in Seattle on Wednesday. Henry Cotto drove in Pete O'Brien with the winning run in the seventh on a
        65 words
      • Article
        US denies giving up '94 Cup
        110 13 A WEST GERMAN NEWSPAPER report that the US will abdicate the 1994 World Cup soccer tournament to Germany has "no basis in fact", the US organising committee said on Wednesday. Scott LeTellier, president of the US World Cup '94 Organising Committee, said that no
        110 words
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      839 13 Lloyds Bank results for the year ended 31 Dec* 1989* Lloyds Banks Pic Lloyds Bank Pic Lloyds Bank Pic Directorate Consolidated Profit and Loss Account Consolidated Balance Balance Sheet Chairman for the year ended 31 December 1989 Sheet as at as at Sir Jeremy Morse, KCMG 31 December 1989 31
      839 words
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      Page 14 Advertisements Column 1
      271 14 WHERETQWIWE. DINE AND ENTERTAIN... WHERE TO WINE, PINE AND ENTERTAIN... WHERE TO WINE, PINE... FIESTA FILIPINO ;JULY 9 22 AT THE TEA ROOM The exotic heritage of Filipino cuisine, an exuberant blend of Malay, Chinese, Spanish and American dishes prepared by master chefs specially flown in from The Westin Philippine
      271 words
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      Page 14 Advertisements Column 2
      366 14 DELICIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      366 words
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      Page 14 Advertisements Column 3
      212 14 An aniivc^gry W It's our anniversary < I With $30 spent after um? I P m a yt complimentary fgti souvenir liquor. V It Anc teste our anniversary cake uKHMHKyH Cheers to an anniversary 0 f romance over at |ciub^ Esiii ROSE GARDEN SICHUAN RESTAURANT Level 5. Gotden Landmark Hotel
      212 words
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      Page 14 Advertisements Column 4
      288 14 ECAMmjEj^CATTLE^S Ist From corn-fed American cattle come A succulent, juicy steaks Roast Prime Rib of Texas Steer Beef, Boston Oyster Steak and Braised Beer Steak complemented by excellent wines and delicious desserts. 3th floor B3 Ordwrd T«l: *****11. plillSI! B July 1 to 31 $14.50** adult *§g Lunch S Dinner
      288 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      771 14 TELEVISION AND RADIO 1 SBC 12 10.25 4.00 Maara Attack (M) I IIIP PPnriirV «t- CheeSweeLee:TheSp,ntof 4J5 It Taka*,t, Tktef When BBC, 89.9 mltz hi VHF Band II V, J V'vll VUi V XCC C/W/X 7.30 PM Tlm Sclaaca UMom (Doc- a Runner. Thieves Fall In. 710 q c tffl
      771 words
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  • LIFESTYLE
    • Article
      Controversy over choice of actor
      255 15 mmmmox THE CHOICE of a white actor for the lead in the play Miss Saigon has angered Asian-Americans who say the Broadway role should go to an Asian. "It's ridiculous to have a Caucasian actor with taped eyelids play an Asian," Tony Award winner B
      255 words
    • Article
      Here come the Human Taiji dancers
      433 15  -  By Cassandra How TAIJI in dance? First we had the MUTANT Ninja turtles. Then some smart alec invented the MUTANT Taiji lizards. And now, a Singapore choreographer is presenting the HUMAN Taiji dancers. The dance preview of "OM"-Choreographic Impulses by the Practice Performing Arts
      433 words
    • Article
      Lock icon Sexual revolution reaching Queensland
      260 15 Reuter THE sexual revolution is finally reaching the sun-drenched, palmfringed Australian state of Queensland, known as the "Deep North" for its archconservative views and treatment of women as third-class citizens. "God put 51 per cent of the brains of the world into female skulls and he
      Reuter  -  260 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      249 15 AND ENTERTAIN ATXste For Italian Masterpieces. ITALIAN PROMOTION SKKSS" WP ,'7y2- pucz: aouitsi». I( JftfL J^^ C CHILDUN $14. •'Vii U AUPtXB SUBJECT t Toiomnmvici CMA*Gi AND CESS From 6 to 16 July, wc present you with the taste sensations of Italy. Authentic specialties prepared with the freshest ingredients. And
      249 words
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      Page 15 Advertisements Column 2
      91 15 Welcome to first class. SWING. iH Hp V A* > iBtSX -9 *&t£l&b2+:t£ K- rtis -j* '•;.*?>••* N In the 1920's Swing was discovered by wealthy European travellers who sailed first class on luxury transatlantic liners. The unique 'swinging' decanter, designed to gently embrace the precious amber liquid in the
      91 words
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      Page 15 Advertisements Column 3
      246 15 All manner of Teochew dettcacies await you at two very convenient locations on Battery Road in the Business District, and at Centrepoint on Orchard Road Whether you're planning a celebration for 10 or 300. well give you a feast from the sea. presented by our famed master chefs. Chuan Hai
      246 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Sharp Wall Street rally helps lift prices
      4356 16  -  By Magdalene Ng LOCAL share prices rebounded yesterday on improved volume across the board, riding on Wall Street's overnight sharp rally and the firmer Tokyo and Hongkong stock markets. Traders said institutional and foreign fund managers returned to the market on renewed buying
      4,356 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4087 17 Main Board DBS Foreign 1460 60 4.3% S1A Foreign 1870 +30 +1.6% SIA 1410 +30 +2.2% S1A 200 1400 30 2.2% UOB Foreign 715 +20 +2.9% Sing Inv Fin 230 +18 +8.5% FAN 860 +15 +1.8% Shangri-La 845 +15 +1.8% ICB 535 +15 +2.9% IMC
    4,087 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      254 18 Cmmmv Date Year Gravy Net Net Minings Gross an to profit/loss (L) per share dividend (•000) (cents) B Scmbawang Jul 5 Mar 90 S13.454($6,793) 56 l(28 3a) 35n(15a) Metro Hkfcs tol 4 Mar 90 $8.006($10.219) 14 6(18 7a) 4(2 7a) Roth mans M Ml Mar 90 M$105,988($98,362) 37
      254 words
    • Article
      DIVIDENDS ANNOUNCED
      735 18 Current Ex Books Date Total for Total for payment dato do«o payable tho yoar last yoar Mti «dp 6% Aug 28 Sep 7 Sep 26 6% 6% JUtfP NYA lun 20 Jul 5 Aug 15 NYA 1 29sen Amcd 10% Jun 18 Jun 28 Jul 16 101 101
      735 words
    • Article
      PRELIMINARY RESULTS
      207 18 fewpinj Oat* Year Group pre-tax Not Minings Cross am to profit/loss (L) por shore dividend ('000) (cents) tsetan tu) 5 Mar 90 $32,090p($19.078) 48 5(39.1) 14(10) Alex HUgs Ion 29 Mar 90 $1.7«6($1.672) 5.4(56) 6(6) H* Sun Hup ten 29 Mar 90 $17.429($15.6380 9.2(9 6) 10TE(NA) Metatock tun
      207 words
    • Article
      INTERIM RESULTS
      143 18 C*amain Date Half-year Group pre-tax Interim ana to pnfit/lMS (L) dividend ('000) Ganda HMgs Jun 29 Mar 90 M$3,237L($2.236l) Pacific Can Jot 29 Mar 90 $68l(-) <—) Samanda HMgs Jun 28 Iter 90 M$4,997($5,120) CASH Jun 26 Feb 90 MJ669l(J500l) Asa Pacific Jun 22 Mar 90 $48,108(151.412) 15.4(12.3)
      143 words
    • Article
      CORPORATE DEVELOPMENTS
      292 18 B*iw Corporation (M) Bhd and Sports Toto Malaysia Bhd have received in-principle approval from the authorities to float their subsidiary company, Singer Holdings (M) Bhd, on the Kuala Lumpur Stock Exchange. Pacific Canters Ltd and Shangri-La Hotel Ltd bought a combined stake of 12.67% in GB Holdings for
      292 words
    • Article
      RESULTS DUE
      779 18 Singapore Stocks Last FmN Year Conpany Nnod Date Ye* MR (no M mamcti endkig (cents) <* pro* last T«« (rooo) laang ttot Interim Mar 30 Dec 89 5351(h) 06 Interim Apr 26 Jul 90 93(a) 2311(a) 4.747 Tal Lm Franca Final km 1 Dec 89 12.3 8 0
      779 words
    • Article
      APPROVED ISSUES
      318 18 Company Rights Issue SB Corpn One-tor three <& MSI GO per share $*****m IS Convertible Unsecured loan Stock of MSI 00 nommal value to be issued on the basis of 1 CULS tor every ttgtit shares held Ei-date Jun 6 Books dose: lun 20 Acceptance I Payment Aug
      318 words
    • Article
      BONDS, LOANS & WARRANTS
      651 18 BONDS, LOANS WARRANTS C*C m Betort 26/4/93 J warrant phs $3 09 cash. Camay Ua Cm—it M 2/10/89 to 20/10/94 1 warrant pins $1 cash or 1 warrant phis $1 nomnal amount ot baa t*"*** Cfcual* Nates Qua fep m March 87 to 31/12/91 1.56 warrants plus $1.55 cash dan
      651 words
    • Article
      PROPOSED ISSUES
      551 18 Company Rights Issue Causeway to» Capital reduction scheme to 'educe par value ot shares from SI 00 to $0 60; Rights issue ot 3:2 ft JO 60 per share CSM Onetorone ft MJ4 0C per share Every tour rights shares would be issued with one TSR EMS One
      551 words
    • Article
      COMPANY MEETINGS
      232 18 krong Enpneennf Ltd: 19th AGM at the Conference Room, 25 Tanjong Kkng Road, Singapore 2262 on Friday, July 13, at 11am. Kin Eng HokSngs Ltd: Ist AGM at Manna Mandarin Hotel. Taurus Room, 6 Rattles Boulevard, #01-100, Singapore 0103 on Monday, iuly 16, at 9am. fine Engineering Bhd:
      232 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      331 18 ARE YOU FEELING THE STRAIN? HILL SAMUEL inmiiiiM»«»»MH»>iwtiimwimmniinwmiinmiiimHMnimiii PRIVATE BANKERS Are you thinking of buying a property in UK. Canada. US. Please call our hot-line on 534 2702 or complete the coupon and Australia, New Zealand. Singapore or Malaysia and would like a send or fax it to us. flexible
      331 words
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      Page 18 Advertisements Column 2
      177 18 IN THE MATTES OF THE COMPANIEB ACT, CAP. M CLES PRIVATE LIMITED (la Member's Voluntary Liquidation) PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Oeneral Meeting of the Members of the abovenamed company will be held at 111 North
      177 words
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      Page 18 Advertisements Column 3
      9 18 Managers must manage. BT shows you how every Monday
      9 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market gains ground on bargain-hunting
      3833 19 Bernama SHARE PRICES in Kuala Lumpur closed higher across the board yesterday as confidence returned to the market following strong gains in Tokyo yesterday and on Wall Street overnight. Prices advanced from the start on widespread bargainhunting "Encouraged by the bullish Tokyo and Wall Street,
      Bernama  -  3,833 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      325 19 NOTICES THE COMPANIES ACT. CAP. SO TUNG YANG GIFTS PTE. LTO. (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting ol the Members of TUNG YANG GIFTS PTE. LTD. duly convened and held at 133 Middle Road #01 -03/04 Guan Hua Building, Singapore 0718 on the 10th day of July 1990.
      325 words
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      Page 19 Advertisements Column 2
      413 19 You don't have to fly to Mexicojbr lunch! Also available, all-you-can-eat Buffet Mexicano, every Sunday 11.30 am 2.30pm Adults $16++, Children (below 12) $12++ w CHICO'S N' CHARLIES OgL Authentic Mexican Restaurant ijCnClYllZSfa 541 Orchard Road *05-01 Liat Towers Singapore 0923 Open daily: 11am to 11pm ■■■■■■■■■■■■■■■■■■■—I It happens to
      413 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks rise sharply on arbitrage buying
      2257 20 Reuter TOKYO stocks closed sharply higher yesterday as arbitrage-related index buying in the final moments of trade made the Nikkei Index jump in an otherwise quiet market. Despite a stronger yen, caution and lethargy still reigned in a cash market hamstrung by high interest
      Reuter  -  2,257 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Strong afternoon buying sends market higher
      2469 20 Reuter SHARE PRICES in Hongkong closed sharply higher yesterday on strong afternoon buying, brokers said. Mid-morning profit-taking eroded early gains but afternoon buying helped the Hang Seng Index end 27.66 points up at 3,468.59. The broader based Hongkong Index rose 17.8 to 2,279.09. Turnover
      Reuter  -  2,469 words
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  • REGIONAL STOCK MARKETS
    • Australian market shows its strength
      • Article
        AUSTRALIA
        1018 21 THE Australian sharemarket yesterday finished sharply higher after heavy trade driven by the weaker Australian dollar and strong foreign markets. The All Ordinaries Index ended 15.2 points stronger at 1,606.5, but below its 1,622.9 high for the day. The last time it closed above 1,600 was on Feb 22
        1,018 words
      • Article
        BANGKOK
        654 21 EARLY gains in the finance sector were trimmed by mid-session profit-taking on continued fears of political uncertainty, brokers said in Bangkok. The official SET Index went up 1.67 points to close at 1056.46. Declines led advances 73 to 72. Most actively traded were Union Asia Finance, Oriental Lapidary and
        654 words
      • Article
        MANILA
        501 21 PHILIPPINE shares yesterday closed lower in narrow range trading in a market without direction, brokers said. The Manila Stock Exchange Composite Index closed 0.63 point lower at 889.04. Combined trade fell to 722.8 million shares worth 104.6 million pesos from Wednesday's 790.2 million worth 126.1 million. "Because of the
        501 words
      • Article
        NEW ZEALAND
        384 21 OVERSEAS buyers yesterday pushed the New Zealand share market to its highest level for five months, with leaders and second line stocks well ahead at the close. But brokers said the market was looking a bit over heated after strong performances throughout this week, warning a mild downward
        384 words
      • Article
        SEOUL
        835 21 SEOUL stocks yesterday tested the psychological support level of 700 and ended at the second lowest close for the year as the market stabilisation fund weakened in its battle to stem selling pressure, brokers said. The Composite Stock Index ended the day down 9.09 points to 701.91 after falling
        835 words
      • Article
        TAIPEI
        378 21 TAIWAN share prices yesterday closed 6.6 per cent lower almost across the board after investors dumped holding on worries about newspaper reports that Saudi Arabia may recognise Chin 4, dealers said. The reports on Saudi-China ties ded fuel to a fire started after Wednesday's reports of financial difficulties at
        378 words
      • Article
        JAKARTA
        513 21 THE Jakarta market was fairly active yesterday, with the Composite Index edging up 0.50 points to 627.96. Brokers said foreign interest was strong in Astra International, pushing K up 200 rupiah to 25,500, on turnover of 92,500 shares. It was the heaviest traded in blocks of over 10,000 shares,
        513 words
      • Article
        INDICES & TURNOVER
        90 21 INDICES TURNOVER CVMC Jul> 12 Previous SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1606$ 2519.3 911.8 170.5 1591.3 2501.3 899.5 95.99 15.2 18.0 12.3 74.51 BANGKOK SET Index Turnover (nearest '000) 1056.46 NA 1054.79 NA 1.67 JAKARTA Composite Index Turnover (nearest *000) 627 96 NA
        90 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        351 21 1 la local CWTfllC) In S$ la USS day year day year day year Jul) 11 Index change change change change change change World 4298 0.7 -7.6 0.1 •11.6 0.4 -7.2 tEAFE 599.6 0.6 12.0 0.1 -15.3 0.4 •11.2 Europe 452.6 0.5 04 -0.4 2.4
        351 words
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  • WORLD STOCK MARKETS
    • Late buying boosts Wall Street prices
      • Article, Illustration
        NEW YORK
        880 22 AMERICAN blue chips raced to a sharply higher finish on Wednesday, falling just short of their all-time closing high, on a late burst of futures-related buy programmes and a surge in oil prices, analysts said. "If there's any reason why stocks are going up, it may be that
        880 words
      • Article, Illustration
        LONDON
        807 22 SHARE prices soared on London's Stock Exchange on Wednesday, boosted by a weaker pound and a strong performance on Wall Street. The rise in US shares helped London sustain early gains caused by the falling pound, dealers said. This removed some of the pressure from those stocks which are
        807 words
      • Article
        PARIS
        208 22 FRENCH share prices opened higher yesterday on the back of Wall Street and Tokyo, with Lyonnaise des Eaux posting heavy losses and Dumez soaring in the wake of merger news, dealers said. The CAC-40 index started at 1979.18 against Wednesday's close of 1970.58, but then eased back to 1973.38
        208 words
      • Article
        ZURICH
        367 22 SWISS shares were little changed with a firmer touch at midsession yesterday. Dealers said trading had slowed down after a firmer opening and profit-taking had set in on the lower Swiss franc. The all-share SPI index stood at 1,226.5 points, 0.6 point above Wednesday's close but under its initial
        367 words
      • Article
        MILAN
        205 22 ITALIAN share prices rose strongly in early trading yesterday, lifted by the advances made on other European exchanges and on Wall Street, brokers said. At 0900 GTM, the MIB index was 1.2 per cent higher, with the underlyinmg trend pointing to a gain of 0.6 per cent. Technical factors
        205 words
      • Article
        TORONTO
        258 22 TORONTO stocks closed strongly in moderate trade on Wednesday following US blue chips, a rallying bond market, and some optimism over results of the G-7 leaders summit in Houston. "It was strong amid news of co-ordination of the major economies," said John Ing of Miason Placements. The Composite Index
        258 words
      • Article
        AMSTERDAM
        366 22 DUTCH stocks got off to a firmer start yesterday cheered by Wall Street's surge on Wednesday and higher openings on major European bourses, share dealers said. A higher dollar also supported some Dutch stocks. But dealers noted price movements were exaggerated by thin volumes. Retailer Macintosh dropped 6.10 guilders
        366 words
      • Article
        BRUSSELS
        179 22 BELGIAN shares finished another dull session on Wednesday narrowly mixed in low volume. In the absence of fresh news to breathe life into the market, electricity utility Ebes was the only feature. It finished unchanged at 3,960 francs, but a heavy total of just under 50,000 shares'! were exchanged.
        179 words
      • Article
        JOHANNESBURG
        384 22 GOLD shares in Johannesburg recovered partially on Wednesday after Tuesday's sharp losses, propped up by a steadier bullion price following Tues-, day's slump in Middle East sales. Dealers described trading as subdued with interest mainly confined to quality I shares, and noted that a recent firming in the financial
        384 words
      • Article
        FRANKFURT
        191 22 WEST GERMAN shares closed mixed yesterday after a volatile trading session which saw prices fluctuate within a 15point range on the 30-share DAX index. The DAX ended 1.67 points lower at 1,916.22, just off the day's lows. It had risen as high as 1,930.84 in mid-session. Dealers said the
        191 words
      • Article
        Untitled
        100 22 Vienna July 11 Asch Akg Holding 5020 20 E Allgcm (PreO ***** 50 Jungbunzl ***** -100 Laenderbank (PreO 800 +15 Lenzing 1885 -5 Leykam 710 unch Montana ***** +1500 Oesterr. Brau 4950 +110 Semperit 169 +4 Steyr 225 +5 Veitscher 1230 -25 Source: Austrian Laenderbank Stockholm July II Krooor Alfa
        100 words
      • Article
        INDICES & TURNOVER
        88 22 INDICES TURNOVER NEW YORK Cloa« Previous July II Dow Jones NYSE Financial SAP 500 Turnover (million) 2,932.67 2,890.84 +41 83 143.72 142.95 +0.77 361.23 356.49 4.74 162.22 148.0 +14.22 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.877.7 2,360.5 447.8 1.855.0 2,327.5 442.0 22.7 33.0 5.8 AMSTERDAM CBS General 196.4
        88 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      UK trade secretary's comments push down sterling
      1176 23 FOREX MARKET REPORTS STERLING eased in London yesterday following the publication of comments by UK Trade and Industry Secretary Nicholas Ridley that giving up sovereignty to the European Community was like giving in to Adolf Hitler. The strength of his remarks shocked the
      1,176 words
    • Article
      Lock icon Tokyo credit squeeze unlikely
      297 23 NYT TOKYO ANALYSTS see little likelihood that Japan will tighten its credit in the coming several months. The yen surged in trading July 10 and 11, spurred by speculation that Japan would raise its key lending rate in a few months. The US dollar has dropped
      NYT  -  297 words
    • Article
      FINANCIAL FUTURES
      1588 23 SIMEX EUtOOOLLM Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.71 91.72 91.70 ***** 4025 ***** 8847 Dec 90 91.69 91.71 91.68 91.70 2122 8617 5442 Mar 91 91.68 91.70 91 68 91.69 604 2555 1180 Jun 91 91.52 91.52 91.51 91.52 252 815 225 Sep
      1,588 words
    • Article
      INTERBANK FOREX RATES
      402 23 Cross rates July 12 USS SS MS Dm Yen SFr AS NZS USS 1.8145 2.7030 1.6590 148 60 0 5566 1.4070 1.2563 1.6906 SS 0.5511 1.4897 0.9143 0 8190 0 3068 0.7754 0.6924 0.9317 MS 0.3700 67.13 0.6138 0.5498 0.2059 0.5205 0 4648 0 6255 Dm 0.6028
      402 words
    • Article
      MONEY MARKET
      580 23 Interbank rates S$ Bid Offer Overnight 4 1/4 4 1/2 1-month 7 5/16 7 7/16 2-month 7 3/8 7 1/2 3-month 7 3/8 7 1/2 Overnight mode: 6-1/4 US$ Bid Offer 7 days 8 1/4 8 3/8 1 month 8 1/4 8 3/8 2 months 8 1/4 8
      580 words
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  • COMMODITIES
    • Article
      KLCE yet to finalise move on RSS 3
      356 24  -  By Shoeb Kagda THE KUALA Lumpur Commodity Exchange (KLCE) hopes to complete its study on the possible introduction of the RSS 3 rubber futures contract within the next three months, says KLCE chief executive Syed Jabbar Shahabudin. Discounting news of an impending
      356 words
    • Article
      Lock icon Improvement a year away, says AAC
      266 24 AFP ANGLO American Corporation (AAC) of South Africa Ltd said an upward movement in base metal and gold prices is reckoned to be a year away. "The rate of increase in world growth has slipped below the threshold that accelerates investment and consumption of
      AFP  -  266 words
    • Article
      Lock icon Consultant to study Inro's operation
      122 24 Bernama THE International Natural Rubber Organisation (Inro) council has decided to engage a consultant to study the effectiveness of the buffer stock operation under its first agreement, International Natural Rubber Agreement (Inra I). Controller of rubber research and spokesman for the producer countries Mr Ahmad
      Bernama  -  122 words
    • Article
      Tin price rises another 14 sen to M$16.07
      831 24 REPORTS THE PRICE of tin rose another 14 sen to M$ 16.07 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday on continued good buying support and sellers' reserve. July is ths usual summer lull but with the ending of the
      831 words
  • Article
    PRICES
    1453 24 Rubber jut y 12 ■MthfchHw) S cents/Vg Noon ("lose Int 1 RSS Prompt 154 00/I55.00N 154 50/I55.50N Int I RSS Aug 90 155.00/155.50 I55 50/I5600N Inl 1 RSS Sep 156.00/156.50 156.50/157 OON Int 2 RSS OP I5300/155.00N 153.50/155 50N Int 3 RSS OP 148 50/150 50N 149 OO/ISI.OON Int
    1,453 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1177 24 NOTICES LOST SHARE /WARRANT CERTIFICATES The foMowtng Shart/Warrants (Wrta)/certiflc«tes/* together with the relevant signed transfer deeds have been reported lost or destroyed:KEPPEL CORPORATION LIMITED Certificate No. In the name ot No. of Shares/Wrta *****9/*****8 The Bank of 20* 1,000 Canton (Nominees) Pte Ltd *****9 —do 1 550 NEPTUNE ORIENT LINES
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      Page 24 Advertisements Column 2
      15 24 Read Chartpoint, a guide Co investing in the stoek market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1049 25 CNy FHght ETA Flight ETO City Flight ETA Flight ETO Akn Dfcabi GA976 SRI 87 GA890 GA970 I 0010 1955 2240 2255 MH630 SQ103 MH605 0900 0950 1020 1050 1305 SQ104 MH608 SQ608 SQ106 SQ108 MH641 0830 0925 0925 1045 1145 1315 Adelaide SQ225 2215 SQ105
      1,049 words
    • Article, Illustration
      Perestroika, Vietnam-style
      589 25  -  LETTER FROM HANOI By Jacques Bekaert FOR YEARS, journalists visiting Vietnam have been asked to travel in expensive official cars to appointments, even if the meeting were near their hotel. When Bang, my Vietnamese guide and friend, suggested that I buy a bicycle to move around Hanoi, it
      589 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4260 1.4560 Canadian dollar I.S500 1.5800 NZ dollar 1.0500 1.0900 Sterling pound 3.237 3.277 US dollar 1.8150 1.8250 Local dollars to 100 units of foreign currency Austrian schilling 15.20 16.20
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      41 25 Duration Title Venue Organiser Tej Duration Title Venue Organiser Td July 12- Property Financing Hilton AlC 03-*****43 July 24 How To Profit FromHyatt AIC 03-*****43 13 Kuala Conference 25 The Cost Control Aryaduta Conference Lumpur Revolution Hotel .Jakarta
      41 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      53 25 h h h ii y y -y- Ihe hu\inc". person <. ihina' cwr\ luoil.n. I 4 I IhurvJjv. Sjiuril.iv anil Sund.i\. Kj\ini; 1 M I MW m\ h.inyi \irp. >rt .it hours Jml arriving .11 I IJL E S _JL HiMlhroM cjrlv the tollovMns; morning. A Bui: in <>k l-'ivKsn
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      Page 25 Advertisements Column 2
      262 25 J -J tV- z's -<n. >"5 J* r^»*" 4 vi\ T. v -.f fer ]|iiP jHEp "To give the artistes and music lovers of the world an expectation that fulfills their highest expectations." Bosendorfer m£- j «|x;/ Vifcifrfc, ■II H H t^>- v v%< ■**v^vVl^'W wV< x A *i#rr >
      262 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      277 25 1 Attendance round about one shows foresight (10) ML— 9 Bearing with average P° I sound (4) 10 Find yet again a leftist given protection HHV HI 11 Observe Hh— 12 The city calls for some I I 14^8i5 15 Goes along dope, sent 16 In the early morning Aun-
      277 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      211 25 Singapore Outlook: Cloudy with occasional light rain in the morning. Report: Max temp 26.8* C Assoc humidity 87% Min temp 24.9* C Assoc humidity 91% Hrs of sunshine 0.00 Rainfall in mm 4.4 Rainfall this mth 52.4 Rainy days this mth 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 14/07 Showers
      211 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      17 25 IF YD KHOtON we UJPvS IN "TRIS .yUi _r ADM fVfHfNO tTAHOAHO CO. LTO., 1HJ —Ifif mJ
      17 words
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  • Article
    ESU forecasts economy to expand by 8.5pc to 9pc
    466 26  -  By Kenneth James THE SINGAPORE economy, fuelled by stronger performances in the financial and construction sectors, is expected to expand by 8.5 to 9 per cent this year, according to the latest forecast by the Econometric Studies Unit (ESU) of the
    466 words
  • Article
    HK easing visa policy for some East Bloc countries
    159 26 MORE businessmen, high level government missions and convention delegates from East European countries are expected to visit Hongkong from Monday when the visa policy towards these visitors will be relaxed. Both East and West German visitors to Hongkong will be accorded
    159 words
  • Article
    Leaders break deadlock over farm subsidies
    317 26 G-7 summit meeting in Houston LEADERS of the world's richest democracies. Finding harmony after Fierce argument, are confident they've broken a dangerous deadlock over agricultural subsidies and given the Soviet Union hope of getting aid. "This was a summit that addressed itself to a
    317 words
  • Article
    Lock icon Senator moves to cut off Bush's favoured trade treatment for China
    196 26 AP US SENATE majority leader George Mitchell moved on Wednesday to cut off President George Bush's favoured trade treatment for China, saying the administration's hopes for improved human rights have proven futile. Bush notified Congress on May 24 that
    AP  -  196 words
  • Article
    Lock icon Gorbachev's candidate deals severe blow to Ligachev
    229 26 Reuter SOVIET hardliner Yegor Ligachev has suffered a crushing defeat in elections for the deputy leadership of the Communist Party, bolstering the authority of President Mikhail Gorbachev. Mr Gorbachev's candidate. moderate conservative Vladimir Ivashko, won 3,109 votes from the party congress against 776
    Reuter  -  229 words
  • Article, Illustration
    EC likely to avert collapse of Uruguay Round: expert
    445 26  -  By Harish Mehta WARNING that US President George Bush could "damage" the European economy if he was "unhappy with the European response", an expert said that the European Community could at the eleventh hour try to avoid clashing with the US
    445 words
  • Article
    Lock icon Ridley withdraws remarks about Bonn
    249 26 Reuter A SENIOR British Cabinet minister yesterday withdrew remarks that West Germany was trying to take over Europe and that giving up sovereignty to the European Community would be like surrendering to Adolf Hitler. Trade and Industry Secretary Nicholas Ridley issued the withdrawal through his
    Reuter  -  249 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      67 26 JIL Baume Mercier GENEVE 1830 I SEMINAR I DEVELOPMENT COMPANY I H TYNE AND' H Jjj CORPORATION from 9.30a.n/. to 12.30 p.m. I at Goodwood Park Hotel, Singapore pT Opening by H.E. British High Commissioner to Singapore Other Speakers from NDC, TWDC and the Singapore business community Panel Discussion r
      67 words
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      Page 26 Advertisements Column 2
      92 26 More reports on Pg 8, Editorial Pg 10 A) 1 UNTT OF RADIAL AUTO INSERTION MACHINE Model: Pansert NM 2143 C Power source: AC 100 V. 50«0Hz. Air supply 5 kg/cm 3 B) 1 UNIT AXIAL AUTO INSERTION MACHINE Model: Pansert AA NM 2051. Power source: AC 100 V, 50/60
      92 words
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      Page 26 Advertisements Column 3
      410 26 Baume Mercier GENEVE 1830 —r ma&f fn In&pnesfa EXHIBITION AND TRADE FAIR WORLD TRADE CENTRE SINGAPORE 4 12 AUGUST 1990# 10.00 am 14.00 pm For business visitor only 14.00 pm 22.00 pm For public. Made in Indonesia Exhibition and Trade Fair, a great range of Indonesian potential products and commodities
      410 words
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  • Shipping Times
    • Article
      Dispute-stricken BOS trims S'pore operations
      461 27  -  By Dexter Lee BALTIC ORIENT Shipping (BOS), which is caught in legal tussles in Singapore and India, has scaled down its Singapore operations substantially. The locally-incorporated shipping agency has cut down its staff strength from 17 people to just five, stopped canvassing for new business
      461 words
    • Article, Illustration
      Dutch firm keen on Thai tank-farm project
      236 27 DUTCH CHEMICALS storage specialist Paktank International is planning to operate a tank-farm facility in Thailand's National Petrochemical Complex II (NPC II) at Mab Ta Phut. According to reports in the Thai press, Paktank, USbased GATX, Van Ommeren of The Netherlands and Power Duffryn
      236 words
    • Article
      Call to speed up Thai airport project
      106 27 THE THAI prime minister has been urged to speed up investment in the new international airport at Nong Ngu Hao. The House Committee on Transport and Communications sent an urgent letter to Premier Chatichai Choonhavan last month, informed sources told the Bangkok Post.
      106 words
    • Article
      Cosco planning link-ups as part of global expansion
      383 27  -  From Florence Chong in SYDNEY STATE-OWNED China Ocean Shipping (Cosco) is planning to link up with other liner services to expand its services globally. The line is already transhipping cargo from Australia to Bangkok via Manila, creating an alternative service for shippers
      383 words
    • Article
      Lock icon IHI still undecided on engine venture
      154 27 Reuter JAPAN'S IshikawajimaHarima Heavy Industries Co Ltd (IHI) is still considering whether or not to take part in developing the GE9O aero engine together with General Electric Co. An IHI spokesman in Tokyo denied a report yesterday by the Japanese daily Nihon Keizai Shimbun
      Reuter  -  154 words
    • Article
      OOCL to upgrade its telecommunications network
      274 27 ORIENT Overseas Container Line (OOCL) will soon complete a major upgrade of its telecommunications network, involving mainly Hongkong and Taiwan. The upgrading of the carrier's system, called the Asian Telecommunications network, is now possible with the launch of a fibre-optic cable link by Hongkong
      274 words
    • Article
      M'sian maritime centre asks for private support
      379 27  -  By Othman Abu Bakar THE MARITIME Academy of Malaysia (Alam), the country's only centre to train seagoing personnel, hopes to get more financial support from the private sector to churn out more qualified seafarers in future. Alain's principal, Wan Shukry Wan Akma, said
      379 words
    • Article
      MISC in Far East-Europe tie-up with CGM, Nedlloyd
      279 27  -  Othman Abu Bakar COMPAGNIE GENERALE Maritime (CGM), Malaysian International Shipping Corporation (MISC) and Nedlloyd Lines have concluded a tonnage-sharing agreement to cover the trades between Europe and the Far East. The agreement will come into force once the Scandutch consortium ceases to
      279 words
    • NEWS SUMMARY
      • Article
        Mitsui OSK sets up Malaysian venture
        37 27 MITSUI OSK Lines Ltd and Malaysian Shipping Agencies Sdn Bhd have set up a joint venture in Malaysia to conduct cargo sales and terminal operations, Mitsui OSK said in a statement.
        37 words
      • Article
        Thai Airways posts higher interim profit
        34 27 STATE-OWNED Thai Airways International Ltd reported that its pre-tax profits rose to 4.14 billion baht in the six months ended March 31 from 3.54 billion the previous year.
        34 words
      • Article
        Roaring approval for BA investment
        39 27 BRITISH AIRWAYS pic's £4 billion investment in new aircraft, engines and parts is a welcome move supporting and strengthening market sentiment that BA is a competent, stable operator, UK airline analysts said Page 2
        39 words
      • Article
        The world's first superconductor ship
        33 27 WITH the smack of a sake bottle, Japanese shipbuilders on Wednesday christened the world's first ship that will use superconductivity to push itself through the water Back Page
        33 words
      • Article
        Delta wants mediator for contract talks
        38 27 DELTA Air Lines Inc, the third largest U.S. Carrier, has asked the National Mediation Board to select a mediator to assist the carrier in contract talks with its pilots union Back Page
        38 words
    • LOG BOOK
      • Article
        Air France takes option on six more 747-400's
        77 28 THE board of Air France approved on Wednesday the taking of an option on six more Boeing 747-400's, taking the French airline's total orders for the jumbo jets to 39, the company said. The six will be delivered between January 1996 and
        77 words
      • Article
        UK shipping: pay bargaining ends
        81 28 THE UK shipping industry and the National Union of Seamen has announced an agreement to replace a national pay bargaining system with company contracts. The new deal was drawn up ahead of the scheduled closure in September of the National Maritime Board, which negotiated pay
        81 words
      • Article
        Fall in G Ocean earnings likely
        76 28 GLOBAL OCEAN Carriers Ltd said earnings in the second and third quarter of 1990 are likely to be lower than in the first quarter. As a result, the company is likely to reduce substantially its second and third-quarter dividends from the 52 US cents
        76 words
      • Article
        UA outperforms American Air
        102 28 UNITED Airlines edged out its arch-rival American Airlines in June traffic, claiming it has regained the number one spot in the US airline industry, but the Chicago-based carrier still trails American for the year. United, a unit of UAL Corp, said its June revenue passenger miles
        102 words
      • Article
        G DataComm wins Delta order
        52 28 GENERAL DataComm Industries Inc said it will supply Delta Air Lines Inc with a number of networking products to support Delta's plan to upgrade and migrate its ticket reservation system or field ticket office network from analogue to digital services. The order is estimated at
        52 words
      • Article
        Weather damages Cypriot vessel
        53 28 THE Cypriot vessel AJI said it had sustained damage due to heavy weather between June 21 and June 30 in the Indian Ocean, according to Lloyds Shipping Intelligence Service. The 10,232-dwt vessel is expected at Piraeus on July 12. It sailed from Bombay on June 21,
        53 words
      • Article
        Bahrain rejects sheep shipment
        61 28 BAHRAIN has rejected 21,000 Australian live sheep because between 5 and 8 per cent of the animals had scabby mouth disease, officials said in Bahrain. The rejection is the fifth of live sheep by a Middle East nation since April. Australia's live sheep exporters are shortly
        61 words
    • Article, Illustration
      Lock icon Roaring approval for BA investment
      568 28 Reuter British airways pic's £4 billion investment in new aircraft, engines and parts is a welcome move supporting and strengthening market sentiment that BA is a competent and stable operator, UK airline analysts said. BA said last week that it has placed firm orders and
      Reuter  -  568 words
    • Article
      Airbus sees demand for 12,200 jetliners for 1989-2008
      564 28 Airbus Industrie's latest forecast envisages a need for a total of about 12,200 jetpowered civil aircraft worth almost US$7OO billion at today's prices for the period 1989 to 2008. About 5,500 of these aircraft roughly a half are to replace ageing airliners
      564 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      561 28 CariMn July 9 Dgggtajw Hunt* Art Hurwkm Sedwrt t MM Exxon KG/M*3% V/V M/M 1 M/M PPM method BO/Canac fcnrti Spec E25 9911.0 15* 010 30* 010* Spec G35 ***** 18 0 0-1S 30' 010* Northern Ewope 180 Ave 9820 2 12.9 0 05 8 0.02
      561 words
    • Article
      THE SHIPPING GUIDE
      12391 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
      12,391 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        500 43 fcml fey Ni Berth Ankral Departs Vend Voy No Berth fcifcal Depart™ lUppd Whirves Ananas 9005 K29 alongside 12.07/1400 9004 K33 alongside 13.07/2300 Kota Pusaka E-861 K31 alongside 14.07/0600 Ned Rocheste 90 13 C09 alongsde 12.07/1400 5 K32 alongsaJe 14.07/2300 Shoush*) 27/28 C10 alongsxte 12.07/1400 Sin Lan
        500 words
      • Article
        CONTAINER SCHEDULE
        1286 43 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Record Boott*/B*nce Mb Sty, toy No Pwtod From To From P of 0hcM Spaco M idfMC 49 1 12/1500 12/1659 12/1900 2 12/1700 13/0659 13/0900 A-uta KCN007 3 13/0700 13/1159 13/1400 4 13/1200 13/1159 13/1700 fe Ptwcks 279 2 12/1700
        1,286 words
      • Article
        IN MALAYSIAN PORTS
        332 43 Pit mm South Port on July 12: Shoko berth 1; Hoegh Clipper berth 2; Bangkok Yai berth 3; Mutia Hayu berth 4; tucoma berth 7; Cheung Hing berth 7A. KCT: Sea Lepard berth 9; Kh Repin berth 10. North Port: Tang Quan berth 11; Johan Pearl berth
        332 words
      • Article
        DAILY FREIGHTS
        755 43 THE FREIGHT market on Wednesday featured an easier grain fixing from the US Gulf to Europe but other sectors were largely neglected. A 65,000 long ton cargo of grain was secured at a lump sum equating to around US$7. The Baltic Freight Index sub-index for this run was
        755 words
    • Article
      Lock icon Japanese launch world's first superconductor ship
      288 44 AP WITH THE SMACK of a sake bottle, Japanese shipbuilders on Wednesday christened the world's first ship that will use superconductivity to push itself through the water. The high-tech ship, christened the Yamato No. I, is an experimental vessel shaped roughly like a streamlined
      AP  -  288 words
    • Article
      Lock icon Two US airlines to impose surcharge
      186 44 NYT TRANS WORLD Airlines plans to follow the lead of American Airlines and impose ticket surcharges on its flights from five airports, a spokesman for the carrier said on Wednesday. The charges, which range from US$l to US$4, will take effect on Sunday at
      NYT  -  186 words
    • Article
      Lock icon Drug problem in US transport sector
      181 44 Reuter MORE THAN 3 per cent of US transport workers, including such key personnel as bus drivers and airline pilots, have tested positive for past or present illegal drug use, according to a major US laboratory. If projected across the US workforce, this would
      Reuter  -  181 words
    • Article
      Lock icon Soviet and Italian firms in first cruise tie-up
      142 44 AFP COSCA CROCIERE of Italy and AKP Sovcomflot of the Soviet Union have set up a joint venture in the cruise ship sector, the first such Ital-ian-Soviet enterprise. The presidents of the two companies signed an agreement in Genoa, Italy, on Tuesday
      AFP  -  142 words
    • Article
      Lock icon Delta wants mediator for contract talks
      296 44 Reuter DELTA AIR LINES Inc, the third largest American carrier, has asked the US National Mediation Board to select a mediator to assist the carrier in contract talks with its pilots union. "We have asked the National Mediation Board to select a mediator to
      Reuter  -  296 words
    • Article
      Lock icon Woman sues airlines over dead dog
      110 44 AP A WOMAN whose dog died during a four-hour flight delay has sued two airlines for US$l3 million, charging that the animal was left in the cargo hold on a hot summer day. Mary Elizabeth O'Brien filed the suit on Tuesday against Piedmont Airlines
      AP  -  110 words
    • Article
      Conaust quits waterfront employer body
      182 44  -  From John Spiers in SYDNEY P&O SUBSIDIARY Conaust has announced its resignation from Australia's waterfront employer body apparently over differences with other employers on the slow pace of waterfront reform. Its move sets the scene for a piecemeal introduction of enterprise-based agreements over the next
      182 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      190 27 SSWE HENG METAL CO PTE LTD 1J TUAS AVC 14.WGAPOWE 22SJ TELE* «S JOeTl 3MMC*. TEL: Ml SSSS(SknM) TELEFAX Ml MS ITH' .WmliomtTwii-W* BRTWM DCSIGM HNOVATK3W GERMAN OUALTTY ENGIHSEWIWO onyourrehmf for busing. The weeKs main The Strans Times issues are condensed Weekly is like a in one issue, country report.
      190 words
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      Page 27 Advertisements Column 2
      29 27 Contaner Schedule 17 (My tracts 17 Ma to Mvertisen 3 Shppnc Curie 10.11 Ships in Port 17 Singapore Trie 17 Veritas report 2 Weather and Sea Con Mom 17
      29 words
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      Page 28 Advertisements Column 1
      122 28 Chinese Seaman recruiting centre looking for employer in Singapore. We joint venture with China Seamen Corp., and able to despatch Chinese crew for cargo vessel or fishery boat. Please contact "TRUE DRAGON IND LTD" HK CTC: BARRY CHONG TEL: 852-*****39 FAX: 852-*****24 SP CTC: ABLE CHAN TEL: 224 5290 FAX
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      15 28 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
      15 words
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      2152 29 amm jaroine shipping agencies %%1 If 200 Cantonment Ro»d #12-05 Southpomt, Singapore 0208 y. \llvl¥ T «< 221 U mtx N0 R s ***** ■MllllM TERMINAL/CFS Tel *****18 220 BOOKINGS Tel *****34 235 A. VWQr J PCSAKA JAROINE SHIPPINC AGENCIES SON BHD PORT KELANG TEL: *****11 TELEX NO MA*****/MA***** P£NANG
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      Page 29 Advertisements Column 2
      1197 29 MDEX TO ADVERTISERS Pa«e Col Page Col I A Macoline 18 2/3 1 Madju Sdn Bhd 16 1/2 ABC Containerline 13 5 Macrsk Line 3 4/5 Accord Shpg 8 1-3 Mainfrcight 15 4 Albalros Sea-Air 14 5 «MISC 14 1-3 Alfred C Tocpfer 15 5 M'sia Shpg Corp 9 1/2
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      Page 29 Advertisements Column 3
      2306 29 I VMM Voy ETA I ETO "Port 'Panang DESTINATIONS Singapore Kalang Th.t «m> M 900* Clo«ng Tima Faadar by CFS M MRS M OAK LGB HOU MEM AIL MIA CMS BAL PML NYC MOW TOW MAREN M 9006 17/7 18/7 SarteO lU/7 W8 13/8 14/8 16/8 17/8 20/8 19/8 20/8
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      Page 30 Advertisements Column 1
      1102 30 j ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOCAGA 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 20/8 15/8 17/8 13/8 19/8 TOKIO EXPRESS 94/589 31/7
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      Page 30 Advertisements Column 2
      571 30 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT BANGLAR MOOKH 17/7 31/7 7/8 IRINI 27/7 12/8 18/8 ALSO ACCEPTING CARGO VIA SUVA 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 Alio accepting Cargo to Callao
      571 words
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      Page 30 Advertisements Column 3
      1365 30 EH REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LNA (VIA (VIA (VIA mM ALB) ROT) NMD NOR ASIA SUSAN 9019-3 13/07 03/08 05 tt 08/08 10/08 11/08 12/08 135* 15/08 ARABIAN SEA 9020-3 20/07 10 0e 12,08 15/08 18/08 20/08
      1,365 words
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      Page 31 Advertisements Column 1
      1673 31 MjgSteamers Maritime Holdings Ltdj t".., non W STRAITS SHIPPING I JrCfcU Pz 3 lliMiiri ta BTMNi East NWaysla. I ESSkContainers I j ACCEPTS DUE SAILS I jLAiA BAY WM BAN-IK 7 1 5*7 02* 04/01 WO "CEPTS DUE SAILS CMWWN SAT %ISD TBHU-14/7 lMi; 1301 87« OV* 0M« U« CARGO
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      Page 31 Advertisements Column 2
      1421 31 TO: EUROPE TO: FAR EAST SP LM RDM HAM B HVN FLX STORE MK KAO KOB BU HANJIN LEHARVE 00IW 15/7 2* 3* 4* 4* 7* MAWJIW OAKLAND 00K W WWW W HANJIN FELIXSTOWE 003W 21/7 I* 9* 10/1 12/1 13* CHOYANC SUCCESS 009€ 30/7 2/1 3/1 i* 9* CNOYANG
      1,421 words
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      Page 31 Advertisements Column 3
      474 31 -———~«r I STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I I VESSEL CHAMPION AS£AN ASIAN AMBALIKA I I TRADER TRADER CLIPPER I IVOY. NO 10 3 125 57 I I S pore 17/7 22/7 23/7 31/7 1 IP. Kelang 24/7 26/7 2/8 I I Hong Kong I
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      608 32 I DJASAGETRI A Joint Europe Sorvlce Of. P.T. UMMTA LLOYD P.T. 6ESURI LLOYD P.T. tMNMM MMKSM P.T. TWKOM LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY SPORE R OAM/ H BURG BREMEN ANTWERP ADAM S*WMMYA/»W8 19-22/7 23/1 2M 28/1 lfl S. PANJANG/2SWB 27/8 31/» 4/9 7A KUTAI/20WB 15/S Wfl 21/9
      608 words
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      Page 32 Advertisements Column 2
      790 32 ItfVHANJIN SHIPPING I V 7 FULL CONTAINER SERVICE HANJIN LE HARVE 008W I ISTI T" mT m"" SKIKS OLAW Ml I W 054E 17J m HANJIN FELIXSTOWE 003* 21/7 8 8 9lt W 12/8 13,8 'Si H CHEJUOuT 3W CHOYANC PARK 009W 28/7 I 15/8 16/8 17/8 19/8 20/8 HANJIN
      790 words
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      Page 32 Advertisements Column 3
      1520 32 -4 TJ —j -T J PKL SCP HKC use KL6 PUS HUT OSK 9U TYO BAL NYC LMV Ml IN OX NK I ever growth up vp bp zip vp xp 1/1 3/1 s*t/i2/i3i/iii/ii2/9i3/9 14/9 u/9 w> EVER GOING 24/7 BP l/l »7 IM 7M 11/1 UK 14/1 M Ifl
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      1680 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 jrf, K AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 K UM) E 261 D 4M3 B %Sng^
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      Page 33 Advertisements Column 2
      954 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE} DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VtSStIS VOTACt |STOBt |maNil» HHOWC VOYACt SHWt PHUWC Htu»c BHAVtW TIUURT «OTT AWTWt»f KM ROMS
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      Page 34 Advertisements Column 1
      1640 34 KAWASAKI KISEN KAISHA. LTD. f I EXPORT N. AMERICA PACIFIC SOUTH-WEST II MPORT N. AMERICA PACIFIC SOUTH-WEST I /feeoeimessel vov -moo I so> I mother vessel wk lb oakcmi nyc ill Tim H wontßßAwiT "7 w II kiEDITERRANEA 04 1217 13/7 14/7 MANHATTAN BRIDGE 4 VI M 9,1 12,1 17
      1,640 words
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      Page 34 Advertisements Column 2
      1223 34 PHILI-ORIENT LINES PTE LTD SjS 1 (The Complete NVOCC Package) 16 JULY MONTREAL, OTTAWA, TORONTO, I VANCOUVER, S'WESTERN ONTARIO. j 13 JULY MUSCAT O 'BAHRAIN K ABUDHAS| A WINNIPEG, I 9A Nil V cuad.AU BAHRAIN ABU DHABI REGINA, SASKATOON, J M JULY SHARJAH CALGARY, EDMONTON, KELOWNA, 3 1111W KAMLOOPS, VERNON,
      1,223 words
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      Page 35 Advertisements Column 1
      1672 35 SSzs;t!}tß PACIFIC INTERNATIONAL LINES (PTE) LTD SSSS* ml flv PIL Building, 140 Cecil Street /WJ3OO, Singapore 0106. 1 JAKARTA 1 I BANGKOK I ■k, VESSEL VOY SIN JUT SIN V I SSEL V Y JJJ EDEN 9021 15/7 11/7 21/7 KOTA NAQA lON 14/7 17/7 21/7 ■a. KOTA MELATI 12SB
      1,672 words
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      Page 35 Advertisements Column 2
      1315 35 r BENUNE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** FXPRFSS CONTAINER SERVICE TO UK/CONTINENT WSSEL [VOY SPORE PKLANG S HAMPTON HAMBURG BHAVEN R'DAM LHAVRE ToJaqa Bay 10/584 15/7 Via Ban 1/8 4/8 6/8 CaSganßay" 96/583 19/7 13/8 7/8 9/8 6/8
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      Page 35 Advertisements Column 3
      262 35 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen HPA-AN VIS2W lt/l» JUL MCRGUI VIOOW 21/27 JUL MYOMAYWA VI2M 21/31 JUL THE BANK UNE (A service oi Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABHI TV l I EXPRESS TO PAPUA NEW GUINEA I Spore
      262 words
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      859 38 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV ROM ANT HBG RST ATLANTIC SEN WFO2S 15/7 7/8 W 9/8 lilt 12/8 W PIECK 6/90 18/T 12/8 lilt 13/8 14/8 PARIS SEN WFO2B 24/7 16/8 17/8 18/8 20/8 22/8 W ULBRICHT 6/10
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      Page 38 Advertisements Column 2
      1323 38 CRYSTAL FREIGHT < CFS > SERVICES PTE LTD v TEL: *****88/*****22 01 CWMUMIW MBHCf Tt FAR EAST PORT KELANG 20/7 4 27/7 MANILA 15/7 4 22/7 PENANG 20/7 4 27/7 BUSAN 19/7 4 26/7 1 BANGKOK 16/7 4 20/7 TOKYO 19/7 4 26/7 HONG KONG 17/7 4 21/7 YOKOHAMA 19/7
      1,323 words
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      Page 38 Advertisements Column 3
      136 38 LOADING FOR LOAOINC FOR BUENOS AIRES VESSEL SPORE CBO 08N BAIRES MVIOCO RIO STS WT MOJA MOSTWEENI 12/8 11/8298 W 12/9 2W9 tTjabana OH 2M W 1V» Ot Hit UM C ISABEL 22/1 Hl* *M IJ/M Ti/M 2/11 DISCHARGING FM BRA7IL ONLY SPORE MNL HK KEE BUSAN TO* NOO KOB
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      Page 38 Advertisements Column 4
      1408 38 tm&*m, 3 W CHINA OCEAN SHIPPING COMPANY coscf 2 MISTRI ROAD HMC BUILDING TEL 22(1900 #15 00. Singapore 0207 FULL CONTAINER LINER SERVICE telex: rs 2cn> cosmip CR NO: 117S7WOOOOK FAX: 2261NC General Agents: COSTA* HUWWC FIB LIS M,u cos'*" 11 1 VISSEL/VOY SCP FLX HOT HAH AWT DKK VESSEL.VOT
      1,408 words
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      Page 39 Advertisements Column 1
      473 39 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 16/8 (Conventional Service) ETA S PORE LOADING FOR BANGtAR KALLOt l«/ 7 CTG, MONGLA BANGLAR PROCOTI 19/7 S. KOREA. JAPAN ETA S'PORE LOADING FOR ALAM
      473 words
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      Page 39 Advertisements Column 2
      494 39 (f&l RICHFIELD MARINE AGENCIES (S) PTE LTD iSt TEL: *****33 (12 Lines) L-pJ FAX: *****15/*****03 [kuj TELEX: RS ***** RISHIP (3 Lines) |PSF\ ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA [lOAOJNQTOS SPORE ABBAV WONZ 25W8 24AM OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAH
      494 words
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      Page 39 Advertisements Column 3
      699 39 MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ
      699 words
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      Page 39 Advertisements Column 4
      657 39 BANGKOK MANILA/CEBU worn [wv matfott iawckok |vasa [wr rwm cau mmu SIRI BHUM* «»N Sit 14/7 Tm 17/7 AKA BHUM SS IN PT 19/7 21/7 PIYA BHUM 233N Sun IS/7 Wad 1 8/7 S 0 ORIENT 29R 20/7 */7 28/7 MAHA BHUM# IIN Wed 18/7 Ut 21/7 AKA BHUM ]0S
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      Page 39 Advertisements Column 5
      404 39 TO AUSTRALIA/NEW ZEALAND VSi iifpt |Fr«Mfltl« |Ntfkourn*|Sy«nM kuctitnt Dunrtifl mussel is an w w i" m C. VEITOUK 253 ~M M 2*5 S 4/J ANTWCRPCN 254 Wt 304 M W 1» 14/) TNT UPIICSS 254 Tm W «/5 VM 12/lt 1* DATS TO BTDNET! TO USA/CANADA VSi |N. OrlMm ICharMon
      404 words
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      Page 40 Advertisements Column 1
      1230 40 .MAC-NELS SINGAPORE{awSjuTMoioiT] I TIL aim TEL: (04) *****6 TEL (088) *****0 TAWAU TEL (089) *****9' KELANG TEL: (03) *****77 |<ijCHING' TEL: (082) *****3 SKAN TEL: (089) *****2 ~I'J- BAHRU TEL (07) *****2 ISIBU TEL (084) *****2 LABUAN TEL: (087) *****9 lZJ\y VUIjAKARTA TEL (21) *****7 IMEDAN i TEL: (061) *****2
      1,230 words
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      Page 40 Advertisements Column 2
      501 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PL* AUCK IYT MANOAMA 057S It Jut M Jul Via NPL 30 Jul
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      Page 40 Advertisements Column 3
      851 40 /SSITHONG SOON LINES PTE. LTD. XX llsi Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOY ETO IICIT VESSEL IWT ETI KIT KIM SOON LI 28/90E 14 JUL PENANG EQUATOR
      851 words
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      Page 40 Advertisements Column 4
      324 40 (Oiitiiialß IRANIAN SERVICE I Singapore Loading lor- A IRAN EKRAM ISTH JULY Bender Abbot I (NattoMi Um 01 Mtxlct) U.S. WEST COAST/MEXICO/CENTRAL AMERICA CONTAMER SSI VICE NKC LB CNStNAOA I.CAMCNAS S C*UZ HAIUAHIUO ■oeuos vucß M »i W vn sp Uf CO*. IB* «H» III? w 1 J» W tocuca
      324 words
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      Page 41 Advertisements Column 1
      705 41 COMPANIA PERUANA xBeX DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO MATARANI, 110* OTHER PERUVIAN PORTS WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P. Kelang Singapore KAMALEVERETT »/22 Jul 23/2* Jul THOMASEVERETT 01/02 Aug 03/04 Aug SHAPLAEVERETT U/16 Aug 17/11 Aug "EVERETT ORIENT LINE"
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      Page 41 Advertisements Column 2
      605 41 Wwj Coast. Carribbean.East Canada. HAITI Guatemala and Honduraj VSL Is PORE IMAINLINER TIAX IKStHsAV IIYC jHFX LEEWARD 11/7 2IN TOKYO IS/» M "J* ZIM YOKOHAMA 27/7 ZIM PUSAN 2S/S 3/8 Jrt Ifl IOT ZIM SYDNEY lrt ZIM CALIFORNIA 2/8 11/8 1£ W IJB ZIM KOPER Ul» ZIM LIVORNO 12/8 11/8
      605 words
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      Page 41 Advertisements Column 3
      671 41 Msing kwang hang MNWIO TRANSPORTATION (FTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 16/7 19/7 JENWEL I 19/7 21/7 VESSEL S PORE BANGKOK A VESSEL 16/7 A VESSEL 19/7 21/7 DESTINATIONS ETA SINGAPORE PORT KELANG 20 JULY MANILA 20 JULY HONG KONG. ALL CHINA PORTS 20 JULY
      671 words
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      Page 41 Advertisements Column 4
      574 41 Kl PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY S'PORE JKT S'BAYA PELOPOfI 950 14/7 17/7 TANTO SEJATI 03 18/7 21/7 PELOPOR 951 21/7 24/7 TANTO SEJATI 05 25/7 28/7 TANTO UTAMA 89 19/7 22/7 TANTO UTAMA 91 27/7 30/7 TANTO UTAMA 93 3/8 6/8
      574 words
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      Page 41 Advertisements Column 5
      383 41 SIN FU LAST 15/7 KEELUNG/KAOHSIUNG 14/7 BANGKOK 22/7 MANILA/CEBU 14/7 JAKARTA/BELAWAN/SURABAYA 14/7 PORT KELANG/PENANG/E. Malaysia 13/7 BUSAN 13/7 TOKYO/YOKO/KOBE/NGO/OSA 16/7 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuztow/ Xiamen/Xingang/Shanghai UN EUMPE/IW 14/7 LDN/FLX/LVP/SOU 14/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Poland/Bulgaria/Czech. SIN BSA/CAMADA 16/7 LOS ANGELES/NEW YORK all IPI
      383 words
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      Page 42 Advertisements Column 1
      353 42 PLATOU PACIFIC ft A SHIPPING SERVICES REGULAR FAR EAST N. AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: 222*111 SINGAPORE FAX: *****59 HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 30/07 JAKARTA 01/08 SURABAYA 04/08 LOS ANGELES 02/08 06/09 OAKLAND 07/08 12/09 VANCOUVER B.C. 11/08 16/09 General Agents: ANGLO FRENCH SHIPPING
      353 words
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      Page 42 Advertisements Column 2
      644 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B.M.T V.IICW9O Sailed 26/7/90 27/7/90 2/8/90 I.Y V.ll-90W Sailed 3/8/90 23/7/90 29/7/90 K.V.U V.12CW90 22/7/90 12/8/90 14/8/90 18/8/90 Y.M V.12-90W 25/7/90 23/8/90 14/8/90 18/8/90 A.N V.13-90W 14/8/90 8/9/90 29/8/90 3/9/90 MB V.13CW90 31/7/90 21/8/90 22/8/90 27/8/90 B.A
      644 words
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      Page 42 Advertisements Column 3
      619 42 JEF OcemSeruice F LCL/FCL SERVICE TO/FROM |jV PENANQ—KL: allied-LINK SINGAPORE: /^H^N m- 0******2 03-*****55 778 6922(22 LINES) SEFA. j£J Marina On« Buha Ng/CtwiaOna CMaw AHc* YmMmt Yap FCL/LCL SERVICES VIGOUR PACnC 10HB 23/7 VIGOUR PACIFIC 11NB 2/S HONGKONG 15/7 17/7 KEELUNG 15/7 22/7 BANGKOK 20/7 27/7 BUSAN 19/7 26/7 JAKARTA
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      552 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUIMM4IO4 02M03MMM 05M0W0 O7MOMOOMO ItOO 1100 12M13M1400 ISM IMC *****M119M 20M 21M 22M 23M It 24 29 11 3.0 2.6 1.9 1.3 0.8 0.5 0.4 0.5 0.1 1.4 2.0 2.3 2.4 2.3 2.0 1.6 11 0.9 OJ 0.9 11 PP 23 28
      552 words
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      Page 44 Advertisements Column 1
      401 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 02/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 30/6 INDONESIA COLOMBO
      401 words
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      Page 44 Advertisements Column 2
      652 44 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA CHI FROM PSW LtH OAK SEA HKC SIN LALANDIA 33E 12/07 19/07 06/08 09/08 12/08 11/08 HYUNDAI EXPLORER 31* 04/06 07/06 10/06 28« 07/07 HYUNDAI CHALLENGER 35E 21/07 26/07 13/00 16/08 19/08
      652 words
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      Page 44 Advertisements Column 3
      386 44 ICHARTPOINTI Every Saturday in Business Times UK/CONTINENT (TRIO) IST— iSPOM IS'TON N'NK IHAVtN ROAM It* TOLAGA BAT U(1 V* jf «ot>»rA— »iMm RaMM. 0U«. StKtnoan. iwmi orvorCWHMIMM |gj |jj g ZZZZ MEDITERRANEAN (MED CLUB)* JEDDAH ||HHB MHN a ort ww Mil MONT BLANC MARU HO M 11* 1* 1* J*
      386 words