The Business Times, 16 July 1990

Microfilm: NL17037
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Monday July 16 1990 75*
    10 words
  • NEWS SUMMARY
    • Article
      N Korsa preparing for reunification conference
      71 1 NORTH KOREA has begun actively preparing for a "nationwide conference" on reunification next month and an opening of part of its border with South Korea, according to a report in its official news service yesterday. South Korea has condemned the border opening plan as
      71 words
    • Article
      Need for Leaders
      46 1 THE PRIME MINISTER says that for the Malay community to enter mainstream Singaporean society, it must continue to throw up leaders, both inside and outside the government, who must take the initiative and provide the push and impetus for the community. Page 2
      46 words
    • Article
      NK property buyout
      31 1 AS THOUSANDS of Hongkong Chinese sell up and leave ahead of Beijing's takeover in 1997, other Asian investors are moving in and snapping up local property. Page 8
      31 words
    • Article
      Cut in spending urged
      28 1 THE PHILIPPINES must reduce spending in order to sustain its economic recovery, according to an economist at a conservative think-tank in Manila. Page 8
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    • Article
      Ridley resigns
      30 1 BRITISH Trade and Industry Secretary Nicholas Ridley resigned last Saturday as Prime Minister Margaret Thatcher came under sharp attack for failing to force him out sooner. Page 9
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    • Article
      No more crackling
      32 1 FANCY USTHNING to Caruso and company without the crackle and hiss of old 78s? British label Nimbus claims to have achieved a breakthrough in reproducing archive sound. Page 17
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    • Article
      Boat builder confident
      31 1 CATAMARAN BUILDER Mantacat Singapore is confident of winning a niche in the market for small and mediumsized double-hull vessels with its new high-tech models. Shipping Thaes Page 1
      31 words
  • MARKETS SUMMARY
    • Article
      DBS in Indon tie-up
      27 1 DBS BANK is planning to team up with the diversified Indonesian Gadjah Tunggal Cp to set up a stockbroking in Jakarta. Page 3
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    • Article
      New Horiguchi venture
      27 1 HORIGUCHI Engineering Co Ltd has set up a joint venture with Japan-incorporated Azuma Kako Co Ltd to provide specialised precision engineering services. Page 3
      27 words
    • Article
      Best fund manager
      39 1 WHICH IS the best fund manager? The answer is crucial to the many investors with a total of more than $300 million already sunk in local unit trusts. Hock Lode Siew tackles the issue P«ge 3
      39 words
    • Article
      FCW to diversify
      40 1 FEDERAL CABLES, Wires Metal Manufacturing Bhd, which has disposed of its entire 56 per cent stake in Federal Aluminium Sdn Bhd for M$ 13.54 million cash, is diversifying into the telecommunications and data communications industry Page 3
      40 words
    • Article
      Uproar over loans
      28 1 AUSTRALIAN banks have found themselves in a political storm following the disclosure that they have been offering "cheap" money to Asian property investors. Page 7
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    • Article, Illustration
      STOCK INDICES
      27 1 FrWay Change BT-MGA ***** 13.85 Kuala Lumpur 616.70 +10.58 Hongkong 3,307.16 +38.57 Tokyo 32,644.37 69.05 Sydney —1,598.8 -7.7 New York 2,980.20 +10.40 London 3,3«2J +11.7
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    • Article
      CURRENCIES
      18 1 US$ S$ 1.8125 Yea 51.2276 MS 30.6706 Nmf «arh«t rates Overnight 4 -1/4 3-mooth 7 1/4* -1/8
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    • Article
      COMMODITIES
      25 1 JporcAug... l55.25*/k| -0.25 Mm Aug M230.50 '/leg +0.30 KL Tin Turnover 82 tonnes -13 Spot M$16.2QAcg +13 Mipiill Turnover I07llots +339 Jul M$668Aonne -3
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  • Article
    JTC takes step towards privatisation
    439 1  -  Br Lilian Ang JURONG Town Corporation (JTQ has taken a firm step towards privatisation by forming a private limited company to take over its primary function managing and developing industrial property. The company, Technology Parks Private lid, began operations in April this year. Sources say
    439 words
  • Article
    SAL Industrial share offer likely next month
    356 1  -  Jl Abdul Hadhi SAL INDUSTRIAL Leasing appears set to be the third company from the Singapore Technologies stable to come out with a public offer of shares. Sources told BT that SAL, which is engaged in hire purchase financing, mortgage financing and the
    356 words
  • Article
    Telecom privatisation study likely to be ready by 1991
    448 1  -  By Quak Hiang Whai A STUDY on«/Jv privatisation of Singapore Telecom, which moves into its next stage with the appointment of Morgan Grenfell Asia as its adviser, is expected to be completed by next year. BT understands that a new company
    448 words
  • Article, Illustration
    Lock icon Chinese PM wants austerity programme to be continued
    398 1 AP CHINESE PREMIER Li Peng has called for a continuation of the county's tough two-year austerity programme even though it has caused an economic slump, according to an official report yesterday. China's "present economic condition is fairly grim", the official People's Daily,
    AP  -  398 words
  • Article
    Mixed response to latest share offers
    240 1 THE TWO LATEST share offers from Singapore Aerospace and General Magnetics are receiving a mixed response from investors. Broken said response to Singapore Aerospace's issue is "somewhat oooT while response to Gen Mag's offer which was launched a week after was "decidedly more warm".
    240 words
  • Article, Illustration
    Lock icon Fed move cuts overnight bank rate to arognd 8pc
    395 1 Reuter THE US Federal Reserve has eased its monetary policy fay adding funds aggressively to the banking system, taking the federal funds rate at which commercial banks lend to each other overnight from 8.23 per cent to around the 8 per
    Reuter  -  395 words
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      Page 1 Advertisements Column 2
      8 1 Body to stady Yangtse dam project, Back P|
      8 words
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      Page 1 Advertisements Column 3
      186 1 I'STERLINCh I HOME FIJRNISHINGSj The look of success. J #03/319-323 Marim Square, 6 Rallies Boulevard. Singapore 0103 Td *****61 ecoaoaies loott* leas to US for lead, Pg 23 Analysis, Pg 10 9 I i i f SB Wm Wj m I £§&4 v My u IJL > MPFnCT 1 JAL
      186 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        New envoys to Malaysia, Soviet Union
        90 2 THE government has appointed Mr Low Choon Ming, a career diplomat, as Singapore's next High Commissioner to Malaysia. Mr Low will replace Mr S R Nathan, who has been appointed to take over from Professor Tommy Koh as Singapore's Ambassador to the United States
        90 words
      • Article
        Park and ride at MRT stations
        124 2 TO ENCOURAGE more car owners to use public transport, the Ministry of National Development (MND) is introducing two new schemes the park-and-ride scheme and the cycleand ride scheme announced MND Minister S Dhanabalan over the weekend. The pilot park-and-ride scheme will start with three
        124 words
      • Article
        Of mutual benefit
        81 2 ALL THREE countries involved in the Triangle of Growth linking Johor, Singapore and the Riau Islands have something to gain from it, otherwise they would not be in favour of it, said Trade and Industry Minister Brigadier-General (Res) Lee Hsien Loong in Jakarta. Answering questions to comments
        81 words
      • Article
        Video awards
        64 2 MRS YU-FOO YEE SHOON, the Member of Parliament for Yjihua Constituency, will officiate at the prize presentation ceremony of the Video 90 Awards to be held on July 21. The Video 90 Awards, jointly organised by the People's Association, Thomson Community Centre Video Club and the Singapore Cine
        64 words
      • Article
        Home for aged sick
        89 2 TOE new Sree Narayana Mission Home for the Aged Sick at Yishun, when completed, will be the first purpose-built home for the aged to be set up within an HDB estate. Officiating at the ground-breaking and the launching of the fund-raising campaign, Education Minister Dr Tony
        89 words
      • Article
        'Banking hours'
        60 2 THE Singapore General Hospital Sperm Bank, which was started in April 1989, has to date registered a total of 31 dooors and some 17 women have received assistance through tbe bank. Located at the Centre for Assisted Reproduction (CARE), the bank is open from 7am to 3pm Monday
        60 words
    • Article
      Steady stream of Malay leaders needed: PM
      412 2  -  By Shoeb Kagda FOR THE Malay community to enter mainstream Singaporean society, it must continue to throw up leaders, both inside and outside the government, who must take the initiative and provide the push and impetus for the community, Prime Minister Lee Kuan
      412 words
    • Article, Illustration
      Mt Pleasure unit plans to sell half of Penang condo project here
      289 2 THE PROPERTY and hotel subsidiary of Malaysian property group Mount Pleasure Holdings is targeting to sell half of its latest condominium project here. The company yesterday launched an exhibition of the development, Seaview Garden, at a local hotel
      289 words
    • Article
      Land Office explains differential premium
      462 2 I PSSF.FS or developers have to pay differential premium on alienated state land when they apply for the lifting of lease restrictions, says the Commissioner of Lands, Chang Kwang Seh. Differential premium is a levy imposed by the Land Office when developers or lessees apply
      462 words
    • Article
      DBS to partner Indon group in Jakarta broking venture
      405 3  -  FrM William Chia in JAKARTA DBS BANK is planning to team up with the diversified Indonesian Gadjah Tunggal proup to set up a stockbroking firm in Jakarta. DBS Bank is currently negotiating with the Gadjah Tunggal coup for its Singapore stockbrokini
      405 words
    • Article, Illustration
      Lock icon MUI sees higher earnings in view of strong economy
      435 3 Bernama MALAYAN UNITED Industries Bhd (MUI) is confident of achieving a higher level of profitability in the current financial year ending Dec 31, 1990, in view of the anticipated buoyant growth of the Malaysian economy, said chairman Tan Sri Khoo Kay
      Bernama  -  435 words
    • Article
      Lock icon Southern Bank seeks rights support
      180 3 Bernama SOUTHERN BANK Bhd shareholders have been advised to vote for a rights issue of irredeemable convertible unsecured loan stock (CULS) at the extraordinary general meeting on July 30. Directors said the rights issue of 4 per cent irredeem- able CULS 1990/1995 was in the
      Bernama  -  180 words
    • Article
      Unit trusts: which is the fairest of them all?
      715 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan ;WHICH IS the best fund manager? In this age of information and technology, you would have thought this question could be easily answered. Apparently not in Singapore. But the answer is crucial to
      715 words
    • Article
      Sesdaq-listed Horiguchi forms Azuma tie-up
      410 3  -  J6l Lim Mui Khi SESDAq-LISTED Horiguchi Engineering Co Ltd has entered into a joint-venture agreement with Japan-inoor-porated Azuma Kako Co Ltd to provide specialised precision engineering services. The partnership, Azuma Horiguchi (S) Pte Ltd, has an authorised share capital of two million ordinary shares of
      410 words
    • Article
      Lock icon Federal Cables moving into telecoms industry
      266 3 NST FEDERAL CABLES, Wires Metal Manufacturing Bhd (FCW), which has disposed of its entire 56 per cent stake in Federal Aluminium Sdn Bhd (FASB) for M$ 15.54 million cash, is diversifying into the telecommunications and data communications industry. Announcing this, FCW said that apart
      NST  -  266 words
    • COMPANY BRIEFS
      • Article
        Aokam to get M$55m from CSM disposal
        163 3 AOKAM TIN BHD's proposed disposal of 18.35 milien shares in Cold Stance (M) Bhd (CSM) will result in procwfc of MSSS.O6 million and will be used for put settlement of Aokam's proposed acquisition of the entire issued and pakH fc capital of 5.5
        163 words
      • Article
        Bedford sells two units
        46 3 BEDFORD Construction Sdn Bhd, a wholly-owned subsidiary of Bedford Bhd, has disposed of two of its subsidiaries; Great Chanoe Enterprise Sdn Bhd (GCE) and Package Development Sdn Bhd (PDSB), to DB Corporation Sdn Bhd for a consideration of MSSOO each. V Z
        46 words
      • Article
        Listing for new Maybank shares
        41 3 THE KUALA LUMPUR Stock Exchange (KLSE) that Malayan Banking Bhd's additional 5,500 new oriwiy shares of MSI each issued pursuant to the employees share option scheme will be granted a listing and quotation from July 18.
        41 words
      • Article
        New Antah shares to be listed
        43 3 THE KLSE said Antah Holdings Bhd's additional 1.176million new ordinary shares of 50 sen each arising from Ihe' conversion of M 52,469,600 7 per cent convertible bearer bonds 1990/1993 will be listed and quoted from July 18.
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      • Article
        Offer to Kinta shareholders
        51 3 THE KLSE hat announced that Kinta Kdlas InvotmoM: pic's (KK) offer for sale by United Engineers (M) Bhd of million new KK shares will be made to the exiting KK shareholders on the basis of four new KK shares for every', KK share held at MS
        51 words
      • Article
        Malaysia Aica declaration
        87 3 MALAYSIA AICA Bhd explained that its directors do oat have any interest in the acquisition of the entire issued •tid paid-up capital of Modern Woodwork Sdn Bhd other thip the fact that its director Lim Yak Hua is abo a director "of Modern Woodwork Sdn Bhd. In
        87 words
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      Page 2 Advertisements Column 1
      118 2 OUR HONG KONG CHEFS GO TO GREAT LENGTHS CUISINE Come savour all the delicate flavours of ljttMfiorflHHßTTE£ 4 exquisite dishes specially created by our Hong Kong master chefs. From South China Sea's choicest catch like the polka dot garoupa. To the freshest ingredients for our new a la carte selections
      118 words
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      Page 2 Advertisements Column 2
      93 2 CHARTPOINT Every Saturday in Business Times for Auction Extremely Rare Opportunity to buy prime retail/office space in Singapore's shopping/tourist belt 9000 sq.ft. approx. on the 6th floor, LUCKY PLAZA, ORCHARD ROAD. Extremely valuable space with great possibilities. Continuous window frontage onto Orchard Road in which a company name may be
      93 words
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      181 3 ffl Skarksfia A Seafood Aestaaraat A THAI CHINESE CHAOZHOU RESIMJRANT v nHf m ># ZEN combines the varied tastes of Giinese cuisine with a touch of Thai flavours. At ZEN. our Thai Chinese chefs cleverly blend and contrast the light delicate flavours of Chaozhou cooking with a tinge of Thai
      181 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        S'pore firms to boost Thai firm's capital
        78 4 TWO SINGAPORE companies have entered into a capital expansion agreement with Thailand's oldest and largest plastic blow-molding machine manufacturer, Sinco. Transpac Venture Management Pty Ltd and ACE Plastic Technology Pty Co, a subsidiary of Lam Soon, will help to boost the registered capital
        78 words
      • Article
        Jardine's Thai plan rejected
        99 4 THE BANK of Thailand has rejected a proposal by Jardine Fleming Thanakom Co to organise a closed-end investment fund for Thai people to invest in overseas capital markets. The central bank turned it down on the grounds that such an investment vehicle is non-productive. Kom Chatikavanij,
        99 words
      • Article
        Three censured in Paladin case
        112 4 THE Hongkong Committee on Takeovers and Mergers has publicly censured three Paladin concert party members for ignoring their mandatory offer obligation. The sanction was imposed against the former chairman of Paladin Ltd, Mr Peter Francis, the former managing director, Mr Anthony van der Linden, and
        112 words
      • Article
        Kumagai profits plummet
        80 4 CHANGES in accounting procedures have helped limit the fall in profits of Japanese construction giant Kumagai Gumi (Hongkong) by nearly HKS3O million. Profits after tax fell 41 per cent to HK546.5 million, compared with HK579.2 million in the same period last year. Had the previous accounting methods
        80 words
      • Article
        Gold Peak lifts profit 16.5pc
        71 4 GOLD PEAK Industries reported net profit of HK563.7 million ($54.71 million) on turnover of $1.04 billion ($843.18 million) for the year to March 31, despite a sharp increase in finance charges and slower economies in its main export markets. Earnings per share based on the
        71 words
      • Article
        Indon petrochem project stalled
        81 4 A US$l.7 BILLION Indonesian petrochemical project is being held up by negotiations between foreign investors and local partners who say they want a higher share of the equity than originally suggested. Royal Dutch Petroleum Co was to hold 60 per cent of the olefin plant, with
        81 words
    • Article
      Thai bankruptcy cases up despite bright economy
      351 4 BANKRUPTCY cases reaching court in the first half of this year were 45.5 per cent up on the number for the same time last year, despite favourable economic growth, Bangkok's Business Post reported last week. Civil Court Chief Justice Thirasak Karnasuta said that
      351 words
    • Article, Illustration
      Lock icon The bulls charge back to HK as China loosens up
      517 4 AFP THIRTEEN months after the Tiananmen Square crackdown in Beijing ripped through share prices, the bulls are loose on the Hongkong stock market. The key Hang Seng Index closed the week on Friday up 149.55 points, or 4.5 per cent,
      AFP  -  517 words
    • Article, Illustration
      Lock icon Steel maker posts first profit since 1982
      380 4 AFP MALAYSIAN steel maker Perwaja Trengganu Sdn Bhd, once dubbed a white elephant, has reported pre-tax profit of M 523.5 million for the year to March 31, 1990 as against a huge loss of M 5247.6 million the previous year. Chairman Zainal Abidin
      AFP  -  380 words
    • Article
      Lock icon Malaysia awards M$520m hospitals contract
      253 4 Bernama THE Malaysian government has awarded a MSS2O million contract to a joint venture between Syarikat Pembinaan Yeoh Tiong Lay and John Laing International to build eight British designed "nucleus" district hospitals in the country. The British government has made available a grant of about
      Bernama  -  253 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      357 4 Arriving shortly in Singapore are specialists from 11 government-funded and accredited universities, polytechnics and colleges in the UK. I BtSt They will outline business and 4 BBL management education in Britain J including Accountancy Finance, J fc. Bp Banking and Public Administration and H fl counsel you on your own
      357 words
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      Page 4 Advertisements Column 2
      24 4 INTERNATIONAL PROCUREMENT *90 Business Reply Coupon Yes I Please tell me how I can benefit from INPRO '90. NAME: COMPANY: TITLE: ADDRESS: TEL: TELEX/FAX:
      24 words
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      416 5 Thoughtful features... > /i, aU V■■ I V W ■V I W V.■ VII HI V (l 1 v» V' Kllll I9ltJ r I *l9t9J y lII9J I'i 11 v I 111 ri The open, rolling grounds and full club house facilities (including a putting green). W. KiTpyTgllL Jll JlliWJiTljV
      416 words
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        IBM finds '89 quarter a tough act to follow
        86 6 INTERNATIONAL Business Machines Corp is expected to report flat to slightly higher second-quarter earnings today, compared with an unusually robust quarter a year ago, analysts said Many Wall Street analysts estimate IBM will earn between U552.25 and US$2.4O a share, but
        86 words
      • Article
        Kodak pleased with estimates
        75 6 EASTMAN KODAK Co said it is comfortable with analysts' second quarter earnings projections of between 95 cents and US$l.O5 per share. Kodak said it plans to report its second quarter earnings on Aug 1. The company said that in its 1989 ECPOftd quarter it posted net
        75 words
      • Article
        Newsweek still optimistic
        69 6 NEWSWEEK, the news magazine of the Washington Post Co, said advertising was off 10 per cent so far this year but that an upturn was expected in the second half. "If we have a strong second half, and the result is a small percentage decline (in advertising)
        69 words
      • Article
        Another bad year for Eastern
        77 6 EASTERN AIRLINES, the Continental Airlines Holdings Inc unit that has been in Chapter 11 bankruptcy for 16 months, said that it expects a 1990 loss significantly wider than its 1989 loss. The Miami-based carrier also said in a statement that its new business plan shows
        77 words
      • Article
        SEC files insider trading charges
        39 6 THE US Securities and Exchange Commission said it had filed insider trading charges against certain purchasers of Contel Corp's common stock and call option contracts in connection with its proposed merger with GTE Corp.
        39 words
      • Article
        Sears sees lower profits
        56 6 SEARS, ROEBUCK and Co said it expects to report per share earnings from continuing operations for the second quarter of approximately 65 cents compared with 95 cents in the same year-ago period. Chairman Edward Brennan in a statement cited higher-than-expected catastrophe-related losses in its Allstate Insurance
        56 words
      • Article
        Renault to revamp Mack
        47 6 RENAULT Vehicules Industries SA said after completing its US$6 a share cash tender offer for Mack Truck Inc that it may change Mack Truck's operations and management to create a "more effective management" and help Renault "function efficiently as an integrated worldwide enterprise".
        47 words
    • Article
      Lock icon US car makers still not out of the woods
      680 6 Reuter THE BIG THREE US automakers are expected to report sharply reduced second quarter earnings as they continue to struggle with the improving but still sluggish American vehicle market, analysts said. Analysts said the prime culprits behind the carmakers' dismal first
      Reuter  -  680 words
    • Article
      Lock icon American Stock Exchange reshuffles senior managers
      306 6 Reuter THE AMERICAN Stock Exchange has reshuffled assignments of senior management and realigned external operations departments in a restructuring that is part of an ongoing strategic review, Wall Street sources said. An AMEX spokesman declined to comment, but sources close to the exchange said
      Reuter  -  306 words
    • Article
      Lock icon Saatchi may revamp overseas agencies
      302 6 FT SAATCHI AND SAATCHI, one of the world's largest communications companies, plans a radical restructuring of its two international advertising agencies, Saatchi and Saatchi Advertising Worldwide and Backer Spielvogel Bates. At present, the two agencies operate under the conventional structure, working independently with separate offices
      FT  -  302 words
    • Article
      Lock icon Dutch defence against hostile bids under threat
      442 6 Reuter DUTCH COMPANIES, which have long been able to resist hostile bids with impregnable takeover defences, now face a growing challenge from small shareholders and the courts. And as takeover defences are eroded, shares will be enhanced by bid premiums, although companies' long-term
      Reuter  -  442 words
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      88 words
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      Page 6 Advertisements Column 2
      205 6 -1 Ihowtosave; i YOURSELF i PRIME I OFFICE SPACE! I I lM l I J W&T RECORDS STORAGE AND MANAGEMENT SERVICES CAN FREE YOUR PRESENT STORAGE AREAS The most expensive place j| These will be locked and stored under 24 to store old office records I 1111 hOUrS secur y
      205 words
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  • FINANCIAL NEWS
    • Article
      Australian banks under fire over 'cheap' loans
      468 7  -  Fran Florence Chong in SYDNEY AUSTRALIAN BANKS have found themselves in a political storm following the disclosure that they have been offering "cheap" money to Asian property investors in Australia. These banks have been lending housing loans at 11 per cent in Hongkong,
      468 words
    • Article
      Lock icon Foreign banks in Japan face rough times ahead
      392 7 Reuter f FACED WITH a souring business climate, foreign banks in Japan traded at an overall loss in the fiscal year ended March 31, foreign banking sources said. The current pre-tax aggregate loss of the 82 foreign banks operating in Tokyo totalled
      Reuter  -  392 words
    • Article
      Lock icon Czech Eurobond well received
      283 7 Reuter POST-COMMUNIST Czechoslovakia took another step towards a fully fledged capital market when its foreign trade bank launched its first Eurobond. Syndicate managers said the initial market reception of the issue was very good. "It has come at a good time," one said. "The market is
      Reuter  -  283 words
    • Article, Illustration
      Lock icon US debt-for-nature swaps idea given fresh impetus
      251 7 Reuter MOUNTING concern over the environment and a growing perception that Latin America cannot pay back its debts are giving fresh impetus to the debt-for-nature swaps idea in the United States. Debt-for-nature means forgiving part of a country's debt in exchange for implementing
      Reuter  -  251 words
    • SMALL CHANGE
      • Article
        Japan sets up panel to look into reforms
        79 7 JAPAN'S Ministry of Finance has decided to set up a panel to oversee the current debate on reform of the nation's financial system. The new panel is a combination of two existing. < committees one focusing on revamping the existing oom- partmentalised
        79 words
      • Article
        Nigeria to privatise banks
        91 7 NIGERIAN Finance Minister CHu Falae said the federal; government plans to privatise all banks in which it has a' controlling interest Mr Falae said at the inauguration ceremony of the new boards of the 11 commercial and merchant banks affected that the timing and extent of
        91 words
      • Article
        Cordoba devalued again
        72 7 THE Nicaragua!) government of President Violeta Chamorro devalued the country's currency for the 19th time since if took office in April. The US-backed government, which plana to replace the old cordoba with a new currency on par with the dollar, dropped its sole official exchange rate by
        72 words
      • Article
        Turkish bank to offer 1pc stake
        99 7 SHARES in private Turkish bank Akbank TAS worth US$47 million will be offered abroad, bankers said. The offer of one per cent of Akbank's one trillion lira share capital is part of a; 600 billion lira placement starting on July 23. The bank will
        99 words
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      Page 7 Advertisements Column 1
      131 7 i *> .*1 i Wf V/ jr V W A MARK OF DISTINCTION. I >J -r r 'v^ r ,'74% {;!<[ 4 J > V" 1 jl he tlra\>on. a s ynihot of authority and y>tn>d fortune. a/tf tears on ninny hint's*' artifacts. Here, an ortianiental J nulkinv stick huts
      131 words
  • Page 7 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Bombings fail to shake Manila stock markets
        163 8 COMPOSITE indices in the Philippines' two stock exchanges rose slightly last week despite news of continuing political instability including a series of bombings that hit the Philippine capital on Friday. At the larger Manila Stock Exchange, the index rose by 10.5 points, or
        163 words
      • Article
        Viet industrial output lags
        140 8 VIETNAM'S industrial output generally lagged in the past four months, with local industry and the private sector going through a particularly poor patch, the official press reported on Friday. The value overall of industrial output in the first six months of the year showed little change
        140 words
      • Article
        Terms for improving Hanoi ties
        72 8 THE United States would be willing to establish diplomatic relations with Vietnam if the Hanoi government increased efforts to account for missing American servicemen, Vice President Dan Quayle said on Friday. "We believe that Vietnam could do more to resolve the cases of missing Americans,"
        72 words
      • Article
        Trinidad woos Hongkongers
        61 8 A 14-MAN Trinidad and Tobago mission is on its way to Hongkong with the aim of attracting businessmen who want to emigrate to the Caribbean nation before China resumes control of the British colony in 1997. The team, led by by Industry, Enterprise and Tourism Minister Bhoe
        61 words
      • Article
        New Thai pass for log imports
        67 8 THAILAND is to open a new border pass for lucrative logging imports from Cambodian resistance guerillas, wellplaced Thai and Cambodian sources said on Saturday. The pass is to open next month, with approval from Thailand's National Security Council, in the border village of Ban
        67 words
    • Article
      Lock icon Benefits of M'sia's growth for Americans
      110 8 AP MALAYSIA'S continuing economic growth presents increasing business opportunities for Americans and other foreigners according to a US embassy economic report released on Satwday. The report said Malaysia's nominal GNP Is expected to remain strong at 11.4 per cent this year. Opportunities for investing
      AP  -  110 words
    • Article
      Lock icon Asian investors buying up HK properties despite 1997 fears
      606 8 Reuter AS THOUSANDS of Hongkong Chinese sell up and leave the colony ahead of Beijing's takeover in 1997, other Asian investors are moving in and snapping up local property. Last year's military crackdown in Beijing cast a shadow over the future
      Reuter  -  606 words
    • Article, Illustration
      Lock icon Handcuffed to a cause
      34 8 Activists in Hongkong handcuffing themselves outside Magistrate Court on Friday in support of five leading advocates of democracy who had been charged with violating the law. AFP picture AFP picture
      AFP picture  -  34 words
    • Article
      Lock icon Manila must cut spending to sustain growth: economist
      242 8 AFP THE PHILIPPINES must reduce spending in order to sustain its economic recovery, an economist at a conservative think-tank said in a paper obtained in Manila last Saturday. Emilio Antonio, head of the Economic Policy Research Unit of the Center for Research
      AFP  -  242 words
    • Article
      Lock icon Mahathir hits out at US threat on aid
      157 8 AFP MALAYSIAN Prime Minister Mahathir Mohamad says his country will not be intimidated by a US congressman's proposal to deny aid and preferential tariffs to the country unless it stops turning away Vietnamese boat people. "Malaysia has the right to decide who
      AFP  -  157 words
    • Article
      HK govt may recruit staff from S-E Asia
      198 8 THE HONGKONG government may begin recruiting senior civil servants from Singapore, Malaysia, and other South-east Asian countries because of a lack of terest in such posts in the British colony, according ,\o the South China Morning Post. m Last year, replies to
      198 words
    • Article
      H'kongers being lured back home
      147 8 ONE OUT OF every fiie Hongkong citizens who moves overseas is being lured back by money, friends and the quality of life, says an independent opinion poll The Survey Research Hongkong (SRH) quarterly confidence poll, conducted among 1,013 the third week of June, tor the
      147 words
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      117 8 The first of #ONE modules Telex Network Manager will solve your telex communication headaches Are You Losing Telex Network Manager COlltrOl? s a full-feature telex document system for Local Area Improve Control AMD Increase Office Productivity Name omcc network Environment Organisation Singapore Advanced Integration g V Technologies S s,ems l,d
      117 words
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      Page 8 Advertisements Column 2
      145 8 rniip ROSE GARDEN SICHUAN RESTAURANT f■ Level 5, Golden Landmark Hotel 390 Victoria Street. Singapore (Entrance via Arab Street). y jiuiuan Cuisine at its spicy best In a new locale, where East meets West ~a The Rose Garden Sichuan Restaurant at the Golden Landmark Hotel A new name in a
      145 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Ridley resigns as Thatcher comes under fire
      492 9 AFP BRITISH Trade and Industry Secretary Nicholas Ridley has bowed to intense pressure and resigned from the government last Saturday as Prime Minister Margaret Thatcher came under sharp attack for "flawed judgement" in failing to force him out sooner. But in his letter
      AFP  -  492 words
    • Article
      Lock icon Miti urges US to join forces on trade
      205 9 Reuter THE HEAD of Japan's powerful Ministry of International Trade and Industry (Miti) has urged the US to join Japan in festering open trade in Asia to avoid protectionism. 1 "It is time for the US to cooperate with Japan in Asia.
      Reuter  -  205 words
    • Article
      Lock icon EC-Japan car market talks show no progress
      101 9 AFP INFORMAL TALKS in Tokyo between the EC and Japan on access for Japanese cars to the unified European market after 1993 ended without any concrete progress over the weekend. EC officials in Tokyo said yesterday that a new round of talks was
      AFP  -  101 words
    • Article
      Lock icon Gorbachev unlikely to cut support for Cuba
      155 9 Reuter SOVIET PRESIDENT Mikhail Gorbachev has said that his country would be grateful for economic aid from the West but has rejected any political conditions a possible hint that he would refuse to stop supporting Cuba. A cut in support to nations "promoting
      Reuter  -  155 words
    • Article
      Lock icon First Sino-Soviet industrial tie-up soon
      139 9 AFP THE SOVIET UNION and China are preparing to sign an agreement on forming their first industrial joint venture in China, a textile factory in Inner Mongolia, the official China Daily reported yesterday. The two countries would sign a contract within two months to build
      AFP  -  139 words
    • Article
      Lock icon Yeutter not satisfied with Tokyo rice offer
      170 9 AFP AMERICAN Agriculture Secretary Clayton Yeutter has asked Japan to open up its rice market, but has admitted that Washington will similarly have to end protection for its dairy and sugar sectors. Briefing foreign journalists in Washington last Friday after the Houston summit
      AFP  -  170 words
    • Article
      Lock icon Yeutter admits Gatt deadline won't be met
      333 9 AFP US AGRICULTURE Secretary Clayton Yeutter has admitted that the end-of-July deadline for a "framework agreement** on sweeping trade reforms will not be met. Briefing foreign journalists in Washington last Friday following the Group of Seven summit in Houston, Texas, Mr Yeutter, however,
      AFP  -  333 words
    • WORLD WATCH
      • Article
        French Premier to woo Japanese investors
        94 9 FRENCH PREMIER Michel Rocard arrives in Japan on Thursday on a mission to attract more Japanese investment to his country. He will meet the Japanese Emperor, Prime Minister Toshiki Kaifu and other ministers and 90 by helicopter to meet leaders of industry at their
        94 words
      • Article
        Iran and Iraq seek Tokyo help
        72 9 IRAN AND IRAQ have asked Japanese oil development firms for cooperation in developing oil fields. Industry sources in Tokyo said last Saturday that the two countries made the requests through the government-run Japan National Oil Corp. Iraq is seeking help to develop four new
        72 words
      • Article
        Support for Caribbean currency
        61 9 TRINIDAD PRIME MINISTER A N R Robinson has voiced his support for the adoption of a single currency foe English-speaking Caribbean islands. M I can see the question of a unified currency is one which will confront us in the not-toendistant future,'* said Mr Robinson said
        61 words
      • Article
        Seoul urged to fight inflation
        91 9 THE INTERNATIONAL MONETARY FUND has advised South Korea to place emphasis on combatting inflation by implementing a tight monetary policy. Government officials in Seoul last Saturday quoted an IMF report as saying a labour shortage and imbalances in supply and demand in South Korea were
        91 words
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      188 9 <S>SUBABU SUBARU VIKI. 1' 1 -1 ISN'T IT TIME YOUR COMPANY HAD AN ECONOMY DRIVE? f i i —'-v c 2 J JjjH V »xfc-s 1 1 x ~...W ,>A..^j^BMßiig i -j f Company cars don't I execu^v could possibly to another. And Viki is so good looking come any
      188 words
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  • ANALYSIS
    • Article
      Lock icon A reluctant politician surrounded by rivals
      656 10  -  Filipinos are seeking a strong and decisive leadership which they feel they cannot get from President Aquino. Steven Erlanger reports. Steven Erlanger NYT AS HER shaky six-year term winds down and her rivals manoeuvre for the 1992 presidential elections, President Corazon Aquino of the
      NYT  -  656 words
    • Article, Illustration
      Lock icon A very crowded battlefield
      1599 10  -  Like the just-ended World Cup football competition, the Sabah election looks upset-prone and betting for the winning party is fraught with heavy oads and high stakes, reports Azman Ujang. Azman Ujang Bernama CAN THE ruling Parti Bersatu Sabah (PBS) retain power in the two-day state election
      Bernama  -  1,599 words
    • Article
      Dreaming at a steady pace
      967 10  -  General Magnetics is not resting on its laurels, Magdalene Ng finds out Magdalene Ng GENERAL Magnetics (Gen Mag) holds an ace few competitors can hope to beat the top cassette tape maker pays a paltry $12 a year for the use of its premises at
      967 words
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      121 10 EMIRATES TOUCHES DOWN IN COLOMBO TWICE WEEKLY nil i iii i From 17th June Emirates commences services from Singapore to Colombo twice a week. Fly Emirates on Thursday and Sunday to Colombo and beyond to Dubai and Europe. From take off to touchdown we make time fly. FLIGHT SCHEDULE TO
      121 words
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      214 11 MH^Pjglfe^SKSXSSx^ Mk vk \V vCxOX. iy 4* Jarjy Jy JKr vW vW \W \W \ws \>k i/ Bdli^j^d^^akSillB a Lhhhmmhm§ MI jstssgttf it J&- writs** JmmF IL p** f |*fcEj PE? IV %Mvul^^H^| Br ifa *^5* Hv O^^nQß^^finK^SK aflp^ s.^W JIKST ii ■^F' SI W\ ipl,/ When you need results,
      214 words
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  • FOCUS 1
    • Article, Illustration
      Give some thought to angry customers
      972 12  -  ENTERPRISE MANAGEMENT MEOtlED BY CHUANO PECK tMNG In the sixth of our series on customer service, David Gabriel suggests approaches to complaints and angry customers David Gabriel A CUSTOMER who complains is doing the company a great favour. It would be easier for that
      972 words
    • Article
      Going global — accounting for expatriates
      514 12  - Going global accounting for expatriates SPOTUGHT ON MANAGEMENT^ By Tan Tiong Liat Tan Tiong Liat is a director at Ernst and Young Consultants Pte Ltd Globalisation is infectious not only big but small as well as old and new businesses are caught up in it. What does one do when
      514 words
    • Article
      MEMOPAD
      329 13 Seminars and courses □■ration Title Venue Organiser Td Aug I Resolution Skills National National Employers Employers Federation Federation JU19-10 The Management for RGA Training Centre Roger Gill A *****60 Senior Managers Associates Jul 11-13 Executive Image Dai-Ichi Hotel Training Team *****36 Jul 11-13 Lotus 1-2-3 for SMA House Singapore
      329 words
    • Article, Illustration
      Getting your staff to like new technology
      718 13  -  Last week, we looked at the impact of introducing technology to the employee. Today, Ku Xian Hong looks at the issues that management should be aware of to ensure that new technology is successfully introduced Ku Xian Hong Km Xian Hong is a
      718 words
  • Page 12 Advertisements
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      392 12 DBS Bank is the first bank to introduce DBS Autopay through market rates allow you to make timely decisions, giving you an edge the EDI network, Trade Net. Now, weve further used EDI to create two over competitors. corporate services to improve your cash management-Autopay Express Autopay Express and Autolink
      392 words
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      133 13 Management Consultancy srt I# I I I T T 1/ Seminars And Training Kill 9 Business Assistance w It I L L I L II Manpower Recruitment .CONSULT AMIS Business Centre Direct Mailing w6& With three daily flights to Bangkok leaving at strategic times of the day, the only difficult
      133 words
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  • SPORTS
    • SIDE LINES
      • Article
        Charity golf tournament tees off
        142 14 THE 25th Anniversary Charity Golf Tournament will be held today at the Tanah Merah Country Club Tampines Course. Among the distinguished golfers are Mr Ong Teng Cheong, Second Deputy Prime Minister, Mr S Dhanabalan, Minister for National Development; Dr Yeo Ning Hong, Minister For Communications
        142 words
      • Article
        Sheehan breaks record
        119 14 PATTY SHEEHAN shattered the US Women's Open record for 36 holes in Duluth, Georgia, on Saturday, completing a round of 4-under-par 68 to take a six-shot lead in the rainplagued event. The leading money winner on the LPGA Tour this year was to face a 36-hole test
        119 words
      • Article
        Grand Canyon put down
        108 14 GRAND CANYON, headed for the Kentucky Derby in May until sidelined by injury, was humanely destroyed on Saturday after contracting laminitis, a frequently fatal disease of the hoof, Overbrook Farm said. Grand Canyon, owned by Overbrook and by trainer Wayne Lukas, was second behind Rhythm in
        108 words
      • Article
        Sabatini overpowers Grossman
        78 14 GABRIELA SABATINI of Argentina scored a comfortable 6-0 6-1 victory in the women's final of a U*****,000 invitation indoor tennis tournament in Tokyo yesterday. The 20-year-old needed only 57 minutes to beat American Ann Grossman in the one-sided contest to take the US$4O,OOO prize. Grossman, ranked 44th
        78 words
      • Article
        Re-examining policies
        77 14 REACTING to criticism that its 1990 championship is at a club that excludes blacks, the Professional Golfers' Association in Florida said on Saturday that it will consider membership policies in selecting future title sites. The US Golf Association, which runs both the men's and women's US Opens, said
        77 words
      • Article
        NZ defeats Britain
        65 14 RUGBY league charted highs and lows in Christchurch yesterday in a brilliant game in which New Zealand defeated Great Britain 21-18. Britain had already won the two previous Tests of the tour so New Zealand was determined to win back some credibility in the final match. They
        65 words
    • Article, Illustration
      Lock icon The Golden Bear's on the prowl
      518 14 AFP, AP AMERICAN golfing great Jack Nicklaus resumed his love affair with the sport's spiritual home at Scotland's St Andrews on Saturday and immediately sounded his challenge for a fourth British Open title. "The Golden Bear", who has collected two of his major crowns
      AFP,; AP  -  518 words
    • Article, Illustration
      Lock icon Cahill overwhelms Jelen
      484 14 AP SIXTH-SEEDED Darren Cahill of Australia beat No 7 Eric Jelen of West Germany 7-6 (7-4), 6-3 on Saturday to advance to the final of the Hall of Fame Championships at the Newport Casino on Rhode Island. Cahill, ranked 86th in the world, will face unseeded Pieter
      AP  -  484 words
    • Article
      Lock icon Zelezny breaks world javelin record
      342 14 AP JAN ZELEZNY of Czechoslovakia broke Briton Steve Backley's world iavelin reoord with s toss of 89.66 metres (294 feet, 2 inches) at the 25th Bislett Games Mobil lAAF Grand Prix track and field meet in Oslo on Saturday night Zelezny, 24, a former world
      AP  -  342 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      79 14 Dauphin Sitzrultur Ahealthy bacrbone is essential FOR PERFORMANCE. Distinguished design highquality materials express the identity of a company: Masterline o programme chairs made in West Germany. Master Line promotes pleasure and motivation for one's works, thus enhancing performances. Available ex-stock, our executive with Double-Relax-Technology is a typical example from this
      79 words
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      Page 14 Advertisements Column 2
      191 14 10 ways the DateCamegleCom* helps nan aid womin: Poto* and ConManoa Hi All fLi VWIIC %B9UQily •Eftacthra Cocnwiunkaadona Hoivrilonri SUM Tho Couraoa to Think, DwldtMAct •9ai your—lf and Your Ida— »P—lop Your HMdw AMMoa Wlnaßollf Job, Mora WMhlhaDato Mb mmmnoirioiptwfnKUYvy In puMc, at jwniawt oomaranow, training wonahop* yd filny, —ha
      191 words
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      222 15 this day and age, time can impact your company's bottom line faster than you can imagine. So you have to be ahead of it. When you need to make a foreign currency payment. Place a time deposit. Carry out a foreign exchange deal. Or simply move money around from ■■■I
      222 words
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      216 16 WHERE TO WINE. 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 Wend of Malay, Chinese, Spanish and American dishes prepared by master chefs specially flown in from The Westin
      216 words
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      Page 16 Advertisements Column 2
      389 16 HOTfpgGj THE MOST WONDROUS BUFFET LUNCH IN TOWN. Enjoy a gourmet buffet luncheon at an ungourmet price! Fbr starters, take your pick of our cold dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and homemade dressings. Select your
      389 words
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      Page 16 Advertisements Column 3
      185 16 INTe/J,W«T<o«A/ BUFFET i \\Vr Dinner Only CafeHaza Beset tosdStoasport 0719 II ROSE GARDEN t, SICHUAN RESTAURANT W Level S. Golden Landmark Hotel 390 Vict oris Street, Singspore Introducing our new Set Lunch Promotion 6-course Lunch for 3 to 4 persons i at $48.00++ 7-course Lunch for 6 to 8 persons
      185 words
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      Page 16 Advertisements Column 4
      335 16 a Oyster Rockefeller, Rout Porklota stuffed with chillies, Prawns Creole, Flapjacks, Apple Pie... the list goes on at The jl. Belvedere's American Buffet in July. For a true-blue American JL < meal, c'mon over to The Belvedere. Im||||H| if July 1-31, noon 2.30pm Adult $36++. Child below ltf $18+ We
      335 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      605 16 TELEVISION AND RADIO P <■ "i 1 oari9 Cindy discover that the sizes Li Ifx n r| I r 1 <* costumes for the fan- r 1211 LIII 2 naCK 1M HI tpwfafi The Ten- SrfSSd PM»maufcg NC, M.I hNi li VNF MI X 0 l/tiVIV pin Bowling World Cup
      605 words
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  • THE ARTS
    • Article, Illustration
      Cutting away the crackle from Caruso and company
      1070 17  -  Fancy listening to the legendary voices of the past without the crackle and niss of old 78s? J Gordon reviews a couple of CDs released by Nimbus, a British label which claims to have achieved a breakthrough in reproducing archive sound. J
      1,070 words
    • Article, Illustration
      Lock icon Nervously awaiting the next act
      787 17  -  How will a united Germany affect East Berlin's innovative Komische Oper? John Rockwell finds the company's leaders and employees worried about the future. John Rockwell NYT LIKE many fellow East Germans, Stephan Stompor, historian of German musical theatre and the longest-tenured dramaturge at the Komische
      NYT  -  787 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      178 17 AND ENTERTAIN Wild About Game game promotion 16 TO 31 JULY 1990 w&o!i\. dinne* PMTO A* if KUdPM. ijC-i ALL PUKES SUBJECT S;l| V m to io» service Wc bring you the best of the hunting season roast pheasant, succulent saddle of hare and aromatic wild duck. All prepared in
      178 words
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      Page 17 Advertisements Column 2
      62 17 J L For Lunch only |B Roasted Peking Duck Offer till 31-8-90^^^_" 6-Course -T-j- Set Menu 4 Steamed Duck Soup 1 Roasted Petang Duck with VegetaUe —,-j 2 Maple Leaf Special 5 Steamed Rice in OH Bean Curd Bamboo Tubes J&r\ 3 Shredded Duck wflfi 6 Longoan&Whrte _l Green Pepper
      62 words
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      Page 17 Advertisements Column 3
      189 17 ft Enjoy health foods the herbal way Hua Tuo Gulling Prepared from an ancient recipe "Guangzhou Sanhutang" which uses 20 superior herbs, Hua Tuo Gulling Jelly contains no /y preservatives, it is famous L for its health giving effects. Herbal Cooling Tea The 24 HerbaJ Cooling Tea bCsj k which
      189 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market set for rebound on Wall Street's surge
      4915 18  -  By Magdalene Ng THE Singapore stock market is poised for a rally this week on the strength of Wall Street's rebound at the end of last week and expectations of positive news prior to the National Day celebrations here next month. Some
      4,915 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4139 19 Si DBS Foreign 1450 +140 +10.7* ti siA 1430 90 6.6* SU 200 1440 80 5.9* FAN 910 +65 +7.7* ii NatSteei 965 +45 +4.9* Tons Meng 300 +42 +16.3* SPH Foreign 1140 +40 +3.6* UOB 700 35 5.3* 1CB 540 +35 +6.9* OCBC 950
    4,139 words
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  • MARKET REVIEWS
    • Article
      Lock icon Solid buying behind week's rally
      537 20 aaSl^i ■BBis FT A GREAT DEAL can happen in three weeks. Three weeks ago, Mr Alan Green- span, chairman of the US Federal Reserve and his colleagues at the Fed continued to maintain that there was not much evidence of a credit crunch in the
      FT  -  537 words
    • Article, Illustration
      Lock icon Heavy buying lifts index to post-crash high
      853 20 DBS Securities SHARE PRICES in HongKong rose sharply in active trading last week with the Hang Seng Index gaining 149.55 points or 4.5 per cent to a post-1987 crash high of £507.16. -Average daily turnover rose to HK52.34 billion against the previous week's
      DBS Securities  -  853 words
    • Article
      Ridley affair casts shadow on City's European role
      594 20  -  By Ray Heath NOW it is in the open. The average Briton is suspicious of the European common market, and fearful of the powerful role which Germany will play in it. Nicholas Ridley, the UK's departed trade secretary may have committed political
      594 words
    • Article
      Lock icon Shares rise in slow trading
      365 20 AFP SHARE PRICES on the Tokyo Stock Exchange gained in slow, directionless trading last week as investors worried about a possible hike in interest rates despite the yen's surge against the dollar. The Nikkei Average posted its third straight weekly gain to dose at 32,644.37,
      AFP  -  365 words
    • ASIAN MARKETS ROUNDUP
      • Article
        AUSTRALIA
        161 20 THE AUSTRALIAN stock market, fuelled by institutions seeking quality stocks, last week breached 1,600 points for the first time in nearly five months. The main market indicator, the All Ordinaries Index, surged 44.61 points to 1,598.81. The All Industrials Index rose 55.1 points to 2,503.6, the All Resources was
        161 words
      • Article
        BANGKOK
        163 20 THE Thai Stock Exchange closed the week up slightly on lower turnover. The SET Index finished at 1,053.59, up 3.46 points on the previous close. Average daily turnover by volume was 3.762 billion baht. Average daily turnover by value fell from 4.109 billion baht to 4.067 billion baht. Winners
        163 words
      • Article
        BOMBAY
        219 20 THE BUYING onslaught continued unabated on Indian markets last week but the shock resignation of Indian Prime Minister Vishwanath Pratap Singh on Saturday was expected to act as a considerable dampener. The Bombay Stock Exchange (BSE) sensitivity index hit a new peak on Thursday of 924.29 but fell back
        219 words
      • Article
        JAKARTA
        186 20 PRICES on the Jakarta Stock Exchange (JSE) remained generally stable last week as trading remained weak in the regular market, while block sales recorded more activity with purchases dominated by foreign capital. The JSE Index posted a slight gain to end at 630.021, compared to the previous week's 626.811
        186 words
      • Article
        SEOUL
        247 20 THE SEOUL Stock Exchange fared badly last week as investors lost confidence, with the Composite Price Index (CPI) losing 27.39 points, or 3.8 per cent, to close well shy of the psychological 700-point barrier at 688.78. Average daily turnover was 5.45 million shares valued at 86.89 billion won. The
        247 words
      • Article
        Lock icon TAIPEI
        220 20 AFP SHARE PRICES continued to slump on the Taiwan Stock Exchange last week on bearish sentiment triggered by the closure of a local broker and fears Saudi 'Arabia would switch diplomatic recognition to Beijing. The Weighted Price Index shed 92.76 points to close at 4,813.07 on Saturday. Average daily
        AFP  -  220 words
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      154 20 WE ARE PLEASED TO ANNOUNCE THE OPENING OF "LAW FIRM KARTINIMULJADI SH fr ASSOCIATES" PARTNERS: Kartini Muljadi SH Inge Hendarmin SH Winnie Hadiprojo SH Dian Indrayani Tamzil SH Sri Mastuti Soetowidjojo SH OF COUNSEL Prof. Ting Swan Tiong SH Ny. Budiman Elkana SH Liman Sanjaja SH Gedung Bina Mulia, Lantai
      154 words
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      Page 20 Advertisements Column 2
      21 20 fffjfllT -V'WSS'Hr' —11 A Challenger Company 120 Tanjong Rhu Road #04-00 Khong Guan Building Singapore 1543 Tel: 447 4822 Fax:6s-345 5072
      21 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares gain ground across a broad front
      4011 21 MBT BUYERS made a strong comeback to the Kuala Lumpur stock market last week, pushing share prices higher across a broad front. It initially appeared that the market would languish in another week of featureless trading. However, sentiment changed for the better on
      MBT  -  4,011 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      172 21 This announcement appears as a matter of record only QOb P.T. LIPPOBANK i Cook Islands Branch US$lOO,OOO,OOO NOTE ISSUANCE FACILITY with U5530,000,000 STANDBY TRANSFERABLE REVOLVING CREDIT FACILITY Arranger and Manager Schroder International Merchant Bankers Limited Advisor Lippo Asia Limited Lead Managers Alahli Bank of Kuwait K.S.C. The Long-Term Credit Bank
      172 words
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  • WORLD STOCK MARKETS
    • Dow sets second straight record close
      • Article, Illustration
        NEW YORK
        1116 22 US BLUE CHIPS tentatively crept above a major psychological barrier before succumbing to some profit-taking to finish with a modest gain and set a second straight record closing high on Friday. The Dow 30 index ended up 10.40 p«ints to about 2980.20 after edging past 3,000 on signs
        1,116 words
      • Article, Illustration
        LONDON
        788 22 SHARE PRICES ended higher on London's Stock Exchange on Friday, as an inspiring start to Wall Street and fu-tures-led buying underpinned an otherwise dull market. Some dealers were clearly surprised that the broad-based index was able to post any gains at all, in light of a recent slew of
        788 words
      • Article
        AMSTERDAM
        376 22 DUTCH SHARES closed higher on Friday, taking their cue from Wall Street which opened firm after setting a new record on Thursday, dealers said. The CBS all-share index finished 1.2 points or one per cent higher at 121.2. Blue chip Royal Dutch shrugged off the effects of a weaker
        376 words
      • Article
        FRANKFURT
        317 22 WEST GERMAN SHARES ended 0.8 per cent higher on Friday, spurred by strong buying interest in four individual stocks which boosted the 30-share DAX index and prompted light buying across the board, dealers said. Dealers said Bayer, Daimler, Deutsche Bank and Bayerische Vereinsbank were all heavily bought, with US
        317 words
      • Article
        JOHANNESBURG
        390 22 JOHANNESBURG GOLD shares recovered most of the week's losses on Friday as prices rallied sharply in tandem with a rebound in the bullion price back through US$36O an ounce on a weaker dollar. The JSE all-gold index rallied to a close of 1535, just a shade off the previous
        390 words
      • Article
        MILAN
        191 22 THE MIB SHARE index closed on Friday, the final session of the July trading month, unchanged in lively trade after a day of fluctuating prices, brokers said. After a promising start, the market slipped back in later trading under pressure from the renewed weakness of Fiat. But the subsequent
        191 words
      • Article
        BRUSSELS
        127 22 BELGIAN SHARES closed the week mostly higher in moderate volume, boosted by Thursday's rally on Wall Street and some bargain-hunting after days of lacklustre trading. The main forward market index rose 15.95 points to 6,195.12, while the cash market index added 9.15 to close at 6,247.59. Brussels July 13
        127 words
      • Article
        PARIS
        159 22 FRENCH SHARE prices dosed firmer on Friday, with active trade in selected blue chips sending some higher while others plunged. Accor was one of the biggest losers, shedding 30 francs to 1,010 after hitting 1 a low of 979. Dealers said the market was wary of Accor's US$l.3 billion
        159 words
      • Article
        TORONTO
        184 22 TORONTO STOCKS showed sharp gains in heavy trading on Friday follow- (t ing New York's firm opening, trader said. A rise in the price of go4d to U*****.60 an ounce and the possibility interest rates may drop in Canada are pushing the market higher. The composite index rose 31
        184 words
      • Article
        ZURICH
        286 22 SWISS SHARES closed slightly higher in quiet trading and the all-share SPI, index ended 3.8 points firmer at a new year-high of 1,231 points on Friday.;* Dealers said easier Swiss interest rates, and Thursday's firmer Wall Street, oth- •> erwise supportive factors, had only a" limited influence as investors
        286 words
      • Article
        INDICES & TURNOVER
        86 22 INDICES TURNOVER MEW VMK Oms Prrrioas July 13 Dow Jones NYSE Financial SAP 300 Turnover (million) 2980.20 2,969.80 +10.40 143.06 144.23 +0.83 367.31 365.44 +1J7 219 211.51 +7.49 L0N00M Financial Times 30 FTSE 100 Turnover (million) 1.880.1 1,870.41 2.382.2 2,370.5 399.2 460.6 +9.7 11.7 +61.4 AMSTERDAM CBS General NA 198.5
        86 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Short positions help the US$ to make an ascent: dealers
      532 23 FOREX MARKET REPORTS THE US dollar, which plummeted on Thursday when US Federal Reserve chairman Alan Greenspan hinted at an easing of credit, slipped only briefly on Friday when the Fed began to ease its monetary policy at midday and
      532 words
    • Article
      Lock icon Asian currencies gain against greenback
      594 23 ASIAN CURRENCIES AFP MOST Asian currencies edged up against the US dollar during the week, with the Japanese yen posting a 4Vi month high as signs of easing US credit sparked yen-buying. Taiwan, New Zealand, Thailand, Singapore, South Korea, Malaysia and Hongkong saw their units
      AFP  -  594 words
    • Article
      INTERBANK FOREX RATES
      396 23 Cross rates Ju i yl4 USS SS MS Dm Yen SFr AS NZS USS 1.8130 2.6995 1.6515 148.15 0.5556 1.4020 1.2829 1.7013 SS* 0.5516 1.4890 0.9043 0.8130 0.3046 0.7664 0.6964 0.9317 MS* 0.3704 67.16 0.6073 0.5460 0.2045 0.5147 0.4677 0.6257 Dm 0.6055 1.1058 1.6465 89.71 0.3364 0.8489
      396 words
    • Article
      MONEY MARKET
      568 23 Interbank rates s$ Bid Offer Overnight 4 4 1/4 1-month 7 3/16 7 5/16 2-month 7 1/4 7 3/8 3-month 7 1/4 7 3/8 Overnight mode: 5-1/4 US> High Low 7 days 8 5/16 8 3/16 1 month 8 5/16 8 3/16 2 months 8 5/16 8 3/16
      568 words
    • Article
      Lock icon Major economies looking less to US for rates lead
      467 23 Reuter THE WORLD'S major economies are increasingly nurturing home-grown interest rate policies after years of producing a hybrid of the US policy, analysts said. They said the expected easing of US monetary policy, signalled by Federal Reserve chairman Alan Greenspan on
      Reuter  -  467 words
    • Article
      Lock icon Low rates keeping mark down
      183 23 Reuter BUNDESBANK president Karl Otto Poehl said West Germany's relatively low interest rates were keeping the mark down in the European Monetary System (EMS). "It (the low mark rate) is not justified in terms of our very good economic performance," he said. He cited West
      Reuter  -  183 words
    • Article
      Lock icon Near-term rally for US credit market unlikely
      289 23 Reuter US TREASURIES are expeo- 4 ted to hold on to most of th 6 x recent price gains, but a nearterm rally is unlikely as the market comes to grips with signs that the Fed has ease<M credit, traders said. The Fed
      Reuter  -  289 words
    • Article
      Lock icon Gold falls with heavy selling of platinum
      474 23 GOLD FINANCIAL FUTURES REPORT Sin Hunt Bullion (S) TWO DAYS of heavy selling of platinum by the Japanese dragged spot gold down from its opening of U*****.50/U*****.00 on Monday and stop-sells triggered below the U*****.00 mark took over to drive the metal to
      Sin Hunt Bullion (S)  -  474 words
    • Article
      FINANCIAL FUTURES
      273 23 r-y..'. EX July 13 COLA FUTURES (100 oz) USS/az Open High Low Settle Change Jul 364 40 6.30 Aug ■j] 365 70 +6.20 Sep 367 60 +6.20 Oct 364.60 370 S3 +6.30 Dec 374 60 +6.40 Feb 9t 381.70 379 10 +6.50 Apr 383 40 +6.60 Jun 388.
      273 words
    • Article
      PRIME LENDING RATES
      508 23 gVi Allied Irish Bank PLC 8 American Express Bank 8V: Am'Dam R'terdam Bank 8V2 Arab Banking Corp 8V. Arab Bank Ltd 7Vi Asia Commercial Bank 7V1 8V« Ban Hin Lee Bank 7% Banca Commerciale 8W Banco do Brasil 8 Bangkok Bank 8 Bank Bumiputra 8 Bank Negara
      508 words
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  • COMMODITIES
    • Article
      Lock icon UAE, Kuwait cutting oil output to heal Opec rift
      417 24 Reuter KUWAIT and the United Arab Emirates (UAE) have started to cut oil output to push up prices and heal a rift within Opec that threatened to sink a cartel meeting in Geneva later this month. UAE Oil Minister Mana Said
      Reuter  -  417 words
    • Article
      Lock icon Cartel will support crude price at US$20, says Iran
      240 24 Reuter IRAN said all Opec members would support a US$2 rise to US$2O a barrel for the benchmark oil price at their meeting in Geneva later this month. "All 13 members of the Organisation of Petroleum Exporting Countries will support the
      Reuter  -  240 words
    • Article
      Egypt to raise oil price in tandem
      151 24 EGYPT plans to raise its oil prices more than a dollar a barrel for the second half of July to match a sudden increase in world prices, a senior Egyptian oil industry source said on Saturday. Egypt, not an Opec member, has kept
      151 words
    • Article
      Lock icon Gold recovers from early fall on hopes of rate cut
      858 24 WEEKLY ROUND-UP AFP HOPES for a forthcoming cut in US interest rates boosted gold prices ahead of the weekend, recouping early losses made on fresh sales from Middle Eastern origins. On the London Metal Exchange (LME) sentiment firmed due to
      AFP  -  858 words
  • Article
    PRICES
    1109 24 Rubber ScentVkg Int I RSS Close July 9 155.75 July 10 154.75 July 11 154.25 July 12 155.50 July 13 155.25 INKELB (t»> totw) M cents/kg Int I RSS Oose July 9 232.00 July 10 231.00 July II 230.00 July 12 230.50 July 13 230.50 tWXW (July 13) pence/kg
    1,109 words
  • Page 24 Advertisements
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      602 24 NOTICES di in mattes or the COMPANIES ACT, CAP. M AND IN TOE MATTES OP THE LEE BAYE BUBBEB COMPANY PBIV ATE LOOTED At an extraortlnary general meeting of LEE BATE RUBBER COMPANY PRIVATE LIMITED duly convened and held at 15, Liang Seah Street, Singapore 0718, on Monday Mh July
      602 words
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      Page 24 Advertisements Column 2
      604 24 IN TB MATTB OF TB COMPANIES ACT, CAP. M AND IN TB MATTB OF CHIN UM FARM PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBEBB* VOLUNTARY WINDING-UP At an Extraordinary General Meeting of CHIN LIM FARM PTE LTD duly convened and held at Blk 338 Hougang Avenue 7, #03-400, Singapore
      604 words
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      Page 24 Advertisements Column 3
      13 24 FOR WHO, WHAT, WHERE ANt IN THE MARKET Every Thursday... ADVERTISING MARKETING In
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      15 24 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1146 25 cm ra*t ETA F%M ETO 1 FlgM t ETA n*t cn > QF81 1900 SO225 2215 MH630 0930 SQ104 0630 SQ228 1915 SQ103 0950 IH/SQ 0950 RJ182 1445 RJ183 2320 MH605 1020 O l\J MH670 0950 sqU 1 1055 1200 GA892 0110 KL842 2035 QF005 2230
      1,146 words
    • Article, Illustration
      Lock icon The cash card goes places
      592 25  -  LETTER FROM AMERICA By Betsy Wade TWENTY years ago, Americans travelling abroad had to make sure that they'd brought along enough in foreign currency and traveller's cheques. But today, the methods of getting money overseas are modernising rapidly. In the latest wrinkle, the electronic cash
      Punch  -  592 words
    • Article
      MONEY CHANGER RATES
      155 25 As at 3pa on My 13: Lral dollars to oae nh of fordfa caiucy Currencies Bid Offer Australian dollar 1.4300 1 4500 Canadian dollar 1.5550 1.3750 NZ dollar 1.060 1.0900 Sterling pound 3.2500 3.2800 US dollar 1.8110 1.8210 Local dsftn to 1« «to af Wp mgmm Austrian
      155 words
    • Article
      WORLD TRADE EXHIBITIONS
      109 25 Pm*** TMc Vcme Orpmaer Tel Jaly 24 How To Profit From Hyatt AIC 03-*****43 Ai* 2-3 Market mc Mu« Court Malayan 03-24*0139 A 25 The Coat Control Aryaduta Conference Strategy Hotel Revolution HoteUakarta Kuala LurapurConaidtancy July 30 Property Fmanant Jakarta AIC *****91 Sdn Bhd 31 Hikoa Conference
      109 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      214 25 ACROSS 8 Nothing more than a country (3) 10 Found despite being carted 13 Get down, starting from munity (7)^ Ur )Can llHH^"""■■"■M piece of flank is cut (7) 20 Seeing knives and forks with a lump of potato to Hi 23 Seemed to be a soft green 25 Unnatural
      214 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      211 25 Singapore Ovtiook: Cloudy with occasion! Hfbt rata la the auraiaf. Report Max temp. 26.1 PC Aaa humidity 87* Min temp. 24.9"C Amoc humidity 91% Hn of sumhine 0.00 Rainfall in mm. 4.4 Rainfall this mth. 52.4 Rainy days this mth. 5 WtkmAA a worw report Asia-Pacific Hi/Lo* Cood. Auckland 14/08
      211 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      26 25 t' f JST THIS N/OU SOE. MejLLO R oes^-Sip Semens tcskt T0P.... FRO*n Tv4C CJL£.f\rt\rJG upoy... I C CVCMMQ rrAMOAHO CO LTD, tW-)M \njl SM4 A
      26 words
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  • Article
    Lock icon South, East Asia to lead region out of poverty: World Bank
    407 26 AFP SOUTH AND EAST ASIA, which led the developing world in economic growth during the 1980s, are expected to lead the Third World in the fight to end poverty in the *****, says the World Bank. In an introduction
    AFP  -  407 words
  • Article
    Lock icon China studying Yangtse dam project
    197 26 AFP CHINESE Prime Minister Li Peng has announced the creation of a government commission to study the feasibility of building a dam at the Three Gorges on the Yangtse River, a plan suspended last year. The dam, if given the go-ahead, would be the largest
    AFP  -  197 words
  • Article, Illustration
    Lock icon Kohl, Gorbachev close to agreement
    328 26 Reuter SOVIET and West German leaders yesterday said they are confident that they can work out a new military status for Germany, the last stumbling block on the road to unification. Soviet President Mikhail Gorbachev and West Chancellor Helmut Kohl, grinning and joking after a
    Reuter  -  328 words
  • Article
    Lock icon Indian PM agrees to withdraw his resignation
    304 26 AFP INDIAN Prime Minister Vishwanath Pratap Singh has agreed to withdraw his shock resignation which had plunged the country into political turmoil, the ruling National Front alliance said. Mr VP Singh, 59, who took office in November, conveyed his decision to a delegation
    AFP  -  304 words
  • Article
    Lock icon Kitingan alleges possible police tampering
    390 26 AFP THE CHIEF MINISTER of Sabah has alleged that unnamed police officials may have tampered with votes to deny his predominantly Christian party victory in polls to the state's legislature set for today. Joseph Pairin Kitingan told a news conference in Kota Kinabalu last Saturday
    AFP  -  390 words
  • Article
    Lock icon Attach strings to aid, urges Chinese dissident
    186 26 AFP ALL FOREIGN AID to China should have conditions attached to put pressure on Beijing to respect human rights, the exiled Chinese dissident Fang Lizhi said in an interview published yesterday in The Observer newspaper. Mr Fang, now visiting professor of astronomy at
    AFP  -  186 words
  • Article
    Lock icon Dr M urges MCM leaders to avoid contest
    247 26 Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad has said that if possible, there should not be a contest for the top MCA posts. Urging the MCA to take note of the Umno experience, Dr Mahathir, who is the Barisan Nasional
    Bernama  -  247 words
  • Article
    Lock icon When KL will dissolve Parliament: Razaleigh
    108 26 Bernama SPIRIT OF 46 presMeat Tcigki Razaleigh Haaitah claims that the Malaysia! r»H«fl will be dissolved sooa after the Natioaal Day uhhistioas oa Aafwt 31 Id eaable the gtstral fltflVy lo be bald oa September IS. He daiatod that Priaie Miaister Datak Seri Dr
    Bernama  -  108 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      36 26 PiageT JOAILLIER EN HORLOGERIE DEPWSIB74 GENEVE FOR SALE Office/Showroom/ Warehouse Building in Rosevilie/Chatswood District North Shore, Sydney Net lettable Area 6,046 sm (65,079 sf) 100 parking lots Securely leased to 2 strong Tenants Price A 57,250,000
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      Page 26 Advertisements Column 2
      151 26 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subserving to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price changes
      151 words
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      Page 26 Advertisements Column 3
      78 26 PlvgeT 1 JQAILUER EN HORLOGERIE DEPUE 18%\ GENEVE ANNIVERSARI^^Ju^I OFFER for a limited period handphonei^^^^^H (1) Sal# by cash or Mastercard Telecoms services subscription amounting to *****.00 for theg first 3 months will be paid by J (2) Sato bjAira arrangements Downpayment Sss6o. 11 monthly instalments of Subject to terms
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      1 26 Analjria,PgK
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Page thumbnail Page 27
  • Shipping Times
    • Article, Illustration
      Mantacat launches high-tech catamarans
      417 27  -  By A J Leow CATAMARAN builder Mantacat Singapore is confident of capturing a niche in the market for small and medium-sized double-hull vessels with the launch of its new high-tech models. The company, formerly based in Australia, was acquired late last year by the local Siong
      417 words
    • Article
      FMC makes headway in Pacific probe
      294 27 BARELY TWO YEARS since it completed an investigation into suspected malpractice in the trans-Atlantic trade, the Federal Maritime Commission (FMC) has made major inroads in a similar investigation of the transPacific trade. FMC, the Washingtonbased watchdog of the shipping industry, said that it has
      294 words
    • Article
      Lock icon Japan Air Lines, Lufthansa buy into DHL Corp
      159 27 Reuter JAPAN Air Lines Co Ltd (JAL), Deutsche Lufthansa AG and Japanese trading company Nissho Iwai Corp have agreed with courier service giant DHL World Express to take a combined 2.52 per cent stake in DHL Corp, DHL's US holding company. A
      Reuter  -  159 words
    • Article
      UK to increase subsidies for shipbuilders
      285 27 THE British government has agreed to a sizeable increase in the amount of subsidy money available for shipbuilders this year to help them take advantage of the upturn in the world market. But the British government has turned down a request from shipbuilders that
      285 words
    • Article
      Lock icon Joint venture to develop PABX
      145 27 AFP FIVE European telecommunications companies said in Brussels last week that they had formed an alliance to develop common standards for private telephone exchanges (PABX). Alcatel Business Systems Group and Societe Anonyme de Telecommunications of France, Siemens and Telenorma of West Germany, and GEC-Plessey-Telecom of
      AFP  -  145 words
    • Article
      Inchcape unit buys new agency
      404 27  -  Jl! Dexter Lee LINER and tramp agency Kim Shipping Trading has clinched its first new agency, Joon Liner Services, since being acquired by Inchcape Bhd late last month. Inchcape paid $825,000 for Kim Shipping, a price which took many in the shipping industry by surprise.
      404 words
    • Article
      Lock icon Fokker studies plans for new aircraft
      243 27 AFP THE Dutch Fokker aircraft manufacturer is considering developing a new airliner to carry between 50 and 100 passengers for regional airlines, the company said. Denying a newspaper report that plans for the aircraft had already been drawn, spokesman Robert Mol said in Amsterdam:
      AFP  -  243 words
    • NEWS SUMMARY
      • Article
        Sparks fly over Qantas privatisation
        29 27 TREASURER Paul Keating's refusal to give Qantas Airways more money has prompted Labour Party in-fighting over the Australian government's ownership of airlines. Page 2
        29 words
      • Article
        US lawmakers agree on double-hull ruling
        36 27 US LAWMAKERS have agreed that most single-hulled oil tankers should be phased out over the next 20 years and all new tankers should be built with double hulls. Back Page
        36 words
      • Article
        Protecting shipping directors, executives
        33 27 A look at how directors and senior officers of listed companies can protect themselves from some of the potential financial consequences of their actions as decision-making executives. Back Page
        33 words
      • Article
        Federal Express posts lower income
        32 27 FEDERAL EXPRESS Corp said earnings for the fiscal year ended May 31 decreased 30.5 per cent. The company earned USSIIS.B million or US$2.lB a share Back Page
        32 words
      • Article
        Liability insurance rates set to rise
        45 27 NORWEGIAN shipowners have been warned that US liability insurance rates are set for a substantial increase. A meeting between the Norwegian Shipowners' Association and leading Norwegian marine liability insurers was told that an increase was almost inevitable. Back Page
        45 words
    • LOG BOOK
      • Article
        Portuguese govt to sell 51pc of shipping firm
        73 28 PORTUGAL'S centre-right government has announced that it will sell SI per cent of shipping firm Transportes Maritimos Insulares SA (Transinsular) on Aug 6 in the latest stage of its privatisation programme. A government statement last week said 715,336 shares will be issued
        73 words
      • Article
        Howard Smith lowers stake
        97 28 SHIPPING and heavy engineering group Howard Smith Ltd has sold 175 million shares in associate Coal and Allied Industries Ltd for A 59.50 each or A 526.13 million. The shares, representing 5 per cent of Coal and Allied's ordinary issued capital, were sold to Australian and
        97 words
      • Article
        USAir converts Fokker options
        105 28 NV KONINKLLJKE Nederlandse Vliegtuigenfabriek Fokker said US airline USAir Group Inc has converted 10 outstanding options on 107-seat Fokker 100 passenger planes into firm orders. The order is estimated to be worth about US$3OO million. USAir was one of the launching customers for the Rolls-Royce pic
        105 words
      • Article
        Losing deals for E German yards
        110 28 A NUMBER of West Germany owners have placed two separate orders for a total of 11 container vessels in East Germany, capitalising on the lower prices offered prior to the monetary union between East and West Germany on July 2. It is believed that
        110 words
      • Article
        Biman may buy Chinese planes
        162 28 BANGLADESH'S national flag carrier, Biman, is considering procuring Chinese-made Y-12 passenger aircraft for use on domestic routes, the Friday weekly magazine reported. The China National Aero-Technology Import and Export Corporation offered the 17-seater twin-turboprop planes for sale with a price tag of US$l.9 million each
        162 words
    • Article, Illustration
      Lock icon Sparks fly over Qantas privatisation
      654 28  -  Treasurer Paul Keating's refusal to give Qantas Airways more money has prompted Labour Party in-fighting over the government's ownership of airlines. Geoffrey Craig reports Geoffrey Craig Reuter The opening shots have been fired in what could be a long and bloody dogfight over the privatisation
      Reuter  -  654 words
    • Article
      Lock icon Qantas flight record
      328 28 Air Transport World Headquarters: Sydney, Australia. History: Still 100% government-owned. Began 70 years ago as Queensland Northern Territory Aerial Services Ltd. Is one of the world's oldest continuously operating airlines, with KLM, which is also 70 this year. Routes: Very long-haul international flag carrier. Serves 44 cities
      Air Transport World  -  328 words
    • Article
      COCKETT BUNKER MARKET REPORT
      845 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
      845 words
    • Article
      THE SHIPPING GUIDE
      12375 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 uates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,375 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        443 43 VHMI Hay III Birth krM Dipartre MppdWh arm 17.07/0130 Nam Young 01/90 P3W atot«ade 15.07/2300 Afe StrangOi 12Aa K33 alongside Panda 2 1 P48 ilongsidi 17.07/1800 Hunt Q 20C/90 K18 alongside 15.07/1800 Rajah Brooke 13E PIC Amgside 15.07/1400 Ciwttnant 1 (/90 K29 alongside 18.07/2300 Samson 4 2/90
        443 words
      • Article
        CONTAINER SCHEDULE
        1042 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCi CARGO > J Tl I i.g. nlUKJ Exxaunj. MHTKC WW 9* Voy No Mod Fran To Fran PofObcUSpxt Aa Ok, 1A 1 15/1500 15/1659 15/1900 4 16/1200 16/1459 16/1700 Aa trie 4A 1 15/1500 15/1659 15/1900 4 16/1200 16/1459 16/1700 Am
        1,042 words
      • Article
        IN MALAYSIAN PORTS
        367 43 Nit Wat South Port or My 13: Candra Dewi berth 1; Victona Cob berth 1; Hoegh CSpper berth 2; Soon Hoe berth 2; Bangkok Yat berth 3; Muta Hayu berth 4; Berjasa berth 4; Megah Brooke No 1 berth 7. KCT: Cheung Hmg berth 7A. North tat
        367 words
      • Article
        DAILY FREIGHTS
        1102 43 GRAIN freight rates edged up in the dry cargo market on Thursday, particularly for the US Gulf to Japan run, and there are signs this trend may be maintained, brokers said. A vessel from the Gulf to Japan was booked at US$l7.OO/US$ 17.50, up 50 cents from last
        1,102 words
    • Article
      Lock icon US lawmakers agree on double-hull tanker ruling
      344 44 AP US LAWMAKERS have agreed that most singlehulled oil tankers should be phased out over the next 20 years and all new tankers should be built with double hulls. The agreement last Thursday removed a major obstacle to oil spill protection legislation that
      AP  -  344 words
    • Article
      Liability insurance rates set to rise
      183 44 NORWEGIAN shipowners have been warned that US liability insurance rates are set for a substantial increase at next February's P&I club renewals. A meeting in Oslo between the Norwegian Shipowners' Association (NSA) and leading Norwegian marine liability insurers, at which Intertanko was also present,
      183 words
    • Article
      Lock icon Federal Express posts lower income
      173 44 Reuter FEDERAL EXPRESS Corp said earnings for the fiscal year ended May 31 fell by 30.5 per cent. The company said it earned US$ll5.B million or US$2.lB a share compared with last year's net income of U*****.5 million or USs3.'s3 per share which included the
      Reuter  -  173 words
    • Article, Illustration
      Protecting directors, executives
      747 44  -  .11 By Ian Lancaster The writer is managing director of Citicorp Insurance Brokers. OVER the past three years, changes to the Companies Act in Singapore have put company directors in the spotlight. The law puts the onus on company directors to be more aware of their responsibilities
      747 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      221 27 SHIP LASHING MATS RIALS SPECIALIST KMTBMMMK MPfIT CI (PTI) ITI T«fc HMM (9 HHM) Tk MCOO RBJ«SJ> F« XMMTT SEND A COUNTRY REPORT it youreelf there s The Straits p pm. do— to team taii» Mtte People-they're Times Weekly Overseas Edition. The a*™* major news crisply condensed for a 'S'poreans
      221 words
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      Page 27 Advertisements Column 2
      26 27 Coctttnport 2 null— Schedule 17 My tn#fc .17 Mb to Mwrta*s 3 Gwte 10.11 Stop* to fort 17 Sappon TrfH 17 WMtar mt See Cotftom 17
      26 words
Page thumbnail Page 28
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      Page 28 Advertisements Column 1
      160 28 pjTlg! TECHIMPORT ENGINEERS (S) PTE LTD j@Qg 336 Smith Street, #06-303 New Bridge Centre, Singapore 0105 HAVE A CONVENTIONAL VESSEL ACCEPTING BREAKBULK CARGOES ETA SPORE 4TH AUG '90 FOR: ADEN, TRIPOLI (LIBYA), ALEXANDRIA FOR BOOKINGS PLS CONTACT ARTHUR KHOO/CAROL SOON/CAROL SEAH AT *****11/*****07/*****21/*****28 AGENTS B BORNEO SHIPPING PTE LTD MASBUI.DMGfIS4M>7
      160 words
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      Page 28 Advertisements Column 2
      157 28 NOTICE ILV. "LAUANA" VOT. 1 AUUVBD HNGAFOU ON r. n Conalgneea or all damaged cargoes ex the captioned veeaal la hereby notified that a Oeneral Surrey will be Held on the 17th of July (Tueaday) at Keppel Wharves K3O from 0000 houra 1100 hours No further aunrey will be entertained
      157 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1799 29 JAROINE SHIPPING AGENCIES 200 Cantonmant Road #12-06 Southpomt. Smppore 0201 \ll||/ Tel *****11 TUB NO RS ***** vVrrna tejwinmvcfs tm *****11 220 bookings th *****34 23s L vOOQf J pesaka jardine shipping agencies SON. BHO PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL
      1,799 words
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      Page 29 Advertisements Column 2
      1127 29 NXX T^ggSERS Page Col Piat Col 1 A v ,1 Madju Sdn Bhd 16 1/2 I ri i I i Macnk Line 3 4/5 ABC Conuineriine 13 5 Mtinfrcigbt 15 4 Accord Shpg 8 1-3 •MISC Albatros Sea-Air 14 5 *Msu Shpg Corp 9 1/2 Alfred CToepfer 15 5 Mendelssohn
      1,127 words
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      Page 29 Advertisements Column 3
      2268 29 r—^ r I i eg^ Vlllll Voy ETA ETO -Port 'Psnang J Stngapor* DESTINATIONS TNa «M Maran M 9006 Ctoamq Tim# fmm6mr by —17/7 0400 mrs m F«roo a Hi iHMpMHHH CFS -WT 2M MRS M Tauro OAK LOB MOU MEM ATL MIA CHS SAL PHL HVC MOM TOM MAfIEN
      2,268 words
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      1051 30 •j ROTTEBOAM/ j VOY WO 3'PORE P. KELANG SOUTHAMPTON HAMBURG BBEMEBHAVEN ANTWERP LE HAVRE CAROKJAN BAY 96/583 W7 13/B 7/8 9/8 6/8 12/ i 1 J COY OF EDINBURGH 90/987 24/7 8/8 12/8 IVB KURAMA 08/888 26/7 20/8 15/8 17/8 13/8 19/8 TOKJO EXPRESS 94/860 31/7 17/8 19/8 22/8 KATSURAGI
      1,051 words
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      Page 30 Advertisements Column 2
      472 30 SIN NOUSUV PPT BAN6LAR MOOKH 17/7 31/7 7/8 IRINI 27/7 9/8 12 8 18 8 ALSO ACCEPTING CAMO VIA SUVA TO; LAUTOKA.MOO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP BANGLAR MOOKH 17/7 230 24/8 28/8 IRINI 27/7 31/1 1/9 5/9 A>» uctamm c*w» CaMao (*m) yta
      472 words
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      Page 30 Advertisements Column 3
      1092 30 mm&atA %*wm REGULAR MDEPENOENT FULL CONTAMER SERVICE WESTB6UN& FOR EUROPE VSL/VOY SIN ALC Ba FEL ROT ANT HAM BRE LHA SS» Sotj Sam> ARABIAN SEA 9020-3 20/07 10/01 12/06 15/01 IX/M 2MB 19/01 21/01 22/06 NORASIA SHARJAH 9021-3 2707 17/06 19/01 22*5 2406 27» 2MB 301 29*6 NO*ASIA MUBARAK 9022-3
      1,092 words
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      1520 31 SqSSteamers Maritime Holdings Ltd Pirn Wgfzsf fsiarai? TO* Containers Vay M P-Kta«« r»ara S tan H'Wi runMl'ta Lah ACCEPTS OUC SAILS CAROWAN MT MB +T.MU-11/7 D|( >w K|H *M 12M CARCO cm or EmwuM mmj *mian mm m m m straits nope vwt in Kx.skM.TM uj«i kurama mm +nA-w mm
      1,520 words
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      Page 31 Advertisements Column 2
      1605 31 TO: EUROPE TO: FAB EAST SP LH ROM HAH B'HVN FIX SPORE HK KAO KM Ml HA KJIN FELIXSTOWE WW 21/7 l/l 1/1 10/1 12/8 13/1 HA WIN OAKLAND (Ml 11/7 I*7 28/7 23/7 2*7 CHO YANG PARK MM 28/7 15/1 IC/I 17/1 19/1 W CHOYANC SUCCESS ME 38(7 2/1
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      349 31 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION ASEAN ASIAN AMBAUKA TRADER TRADER CLIPPER VOY. NO. 10 3 12S 57 S'Port 17/7 22/7 23/7 31/7 P. KilMf 24/7 2S/7 2/S 21/7 Hong Kong Yokohama 13/1 NWi 11* 150 Osaka -*1* Sonboku 9/1 Kit hint M •For Discharging Only IMLINTERMARmME SOUTHERN AFRICA
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      549 32 CH NBR **********0-0 EXPRESS SEMI-CSMTAINEJISNIP SERVICE WUVOT SPORt *OAMI H'BURG BREMEN ANTWERP f£iS£Sß& 3 8 ifi mmfSSm giff Is/? u/t 2# FAST TRANSIT TIME ACCEPTMO BREAK SULK7CONTAMERIBED CARGO NrtSßM,Pnrt NI—MM, ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S 0810 Mlliiil STRAITS/AUSTRALIA EAST COAST SERVICE Wt/WY IsraK PUR STO MOB BUR
      549 words
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      Page 32 Advertisements Column 2
      776 32 IGfrHANJIN SHIPPING T%jJL FULL CONTAINER SERVICE II S port UNrnr* R4m H bun B himFitm FUOCR VSL SIN LIN£ MAUL LAX OA* 217 M 9/1 1M \2lt 1M HANJIN OARLANO OK 11/7 H NUNSAN 4ME 17R 1M I 21/7 IM 1M 7« 1M W CHOYANG SUCCESS MM W M POMANC
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      Page 32 Advertisements Column 3
      1184 32 Hs!d Id ssss? is^ l sSsaaisa3!!ais% B. i %T I I ALSO ACCEPTING CARGO TO: I 0 >WW CI «M£* MM* l BOSTON PHILADELPHIA, MmU. JACMMMLU. MONTMAL. TONONTO VIA N» INK J MUNMTON. ■—ML ETC D ATLANTA, CHICAGO OfTHttT, COUMBUI t Offlß MUM MCBOMIOM DESTINATIONS I I vesselsc#>hk ax mai
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      1396 33 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 a AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 WJP-W. TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPIINE SDN BHD MALAYSIA K.L-(03) *****33, P.Ketang-(03) *****87,
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      Page 33 Advertisements Column 2
      416 33 Swaraj KEELUN6 Tel: *****55 (22/7) YsXKAOHSHjfc FOR BOOKINGS /7) ffl TEL: *****17 Ni BANGKOK \JV I I (21/7) "Ia rv\ ISpecargo's Own |\(J)( V' Operated v-A Warehouse at A) FTZ Warehouse Tel: *****50 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANC BLUE JADE
      416 words
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      Page 33 Advertisements Column 3
      1188 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FOE WESTBOUND vtsstu vorAg I got Imwia HKOW wim tnn woawc nouoe row tuuw hott rnnST~ km law mm ism la
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      1470 34 \jC\ K line KAWASAKI RISEN KAISHA. LTD. fc—lff gWm-w«ST II mmom n. ambwca-pacific south-west 1 /reraratwi WW INCO fUJWW »»™«VESSEL VOY LB OAK CM I KYC fl/ MOT>«R VESSEL YOY MOUS LB OA* TUT FEEDER VESSEL VOY SSP I LIONS GATE BRIOGE Ot I*7 W 21/7 HENRY M BRIO6E X
      1,470 words
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      Page 34 Advertisements Column 2
      1093 34 Y*** PHILI-ORIENT LINES PTE LTD I (The Complete NVOCC Package) I member of SFFA JULY MONTREAL OTTAWA TORONTO, VANCOUVER, S"WESTERN ONTARIO. 23 JULY DUBAI, DAMMAN, KUWAIT, DOHA winniPer MUSCAT, BAHRAIN, ABU DHABI, )SSSrSS!Sim '97 till Y <;hariah REGINA, SASKATOON, a JULi ortnKjAn CALGARY, EDMONTON, KELOWNA, fl jilt? S'cBST. AND ALL
      1,093 words
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      Page 35 Advertisements Column 1
      1560 35 PACIFIC INTERNATIONAL LINES (PTE) LTD iSSSZSSSSm W> Pt- BuiMnfl, 140 Cecil Street <K»00, Singapore 0106vuml vov sM Jirr SM vuML voy SIN ant m HAJ QUAMQ SMS It/7 22/7 i HAJ HUI HN 17n »7 Ml EOCM SS22 Xl/7 2V7 27/7 PEGASUS PIONEER MM 17/7 Jt/7 J4/7 delta mas IMB
      1,560 words
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      Page 35 Advertisements Column 2
      1046 35 r BEN LINE CONTAINERS LTD y 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL |VQY SPORE PKLANG SHAMPTON) HAMBURG B'HAVEN ffOAM L'HAVRE Cardigan Bay* 96/583 19/7 13/8 7/8 9/8 6/8 12/8 City of Edinburgh 90/587 24/7 Via TBN 8/8 11/8 13/8 Kurama 06/586
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      Page 35 Advertisements Column 3
      273 35 MYANMA U FIVE STAR UME (Myanmar National Line) Loading for Yangon (Rangoon) «jj Spore P.Kelang Pan HPA-AN VIS2W 11/11 JUL NEROJI VUOW 21/27 JUL MYOMAYWA VI29W 21/31 JUL THEBAHKUHE (A eenrtee ol Andrew Weir Shipping) \\r SEMI-CONTAINER SERVICE VI HEAVY LIFT CAPAMIITV I I EXPRESS TO PAPUA HEW GUINEA I
      273 words
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      Page 38 Advertisements Column 1
      723 38 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTMUNO SIN OX BRV ROM ANT HBC RST N. PICCX i/N ST" 12* 11/1 13* 140 paris »5/T IM 17/1 IM m w m. ULMKXT %m 10 240 2*l 270 2*l PANAMA StN (TO 70~ M 11/1
      723 words
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      Page 38 Advertisements Column 2
      1499 38 FUBBBB LOADING FOR LOADING FOR BUENOS AIRES ma. sKwi cso dsn uiia mho m mm moua mostvcir UK MM- VI UN MN VJBNLI SABAIU an MM I*l a/I M— l/N V.MMJ c NAaa a/i m vm p mi- i/u DISCHARGING FM BRAZIL ONLY SPORtIIM. NK Ut tUSAN YW MO MM
      1,499 words
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      Page 38 Advertisements Column 3
      1205 38 te fig *3? CHINA OCEAN SHIPPING COMPANY W "gSVwjjJS'afe 01 FULL CONTAINER LINER SERVICE nux^ 22"CO»ip CR NO: 117S7M0Q0M PAX- gfiftf General Agents: COSTA* MWHB PTZ LID CAttt costahuik IVESSEL/VOT SO FLX ROT HAB ANT DKK VESSEL/VOY FIX lOT HAM AIT OKK g wealthy mvwow am ma i«> u* m«
      1,205 words
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      564 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 18/8 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALLOI 18/7 CTG, MONCLA BANGLAR PROGOTI 19/7 S. KOREA. JAPAN ETA S'PORE LOADING FOR ALAM TEGUH
      564 words
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      Page 39 Advertisements Column 2
      466 39 (S RICHFIELD MARINE AGENCIES (S) PTE LTD Sf TEL: *****33 (12 Llnea) rr» FAX: *****15/*****03 Ittjj TELEX: RS ***** RISHIP (3 Llnea) |hsT\ ETHIOPIAN SHIPPING LIMES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOM SPORE ABBAY WOHZ 25W8 73/0* OARESSALAAM MOMBASA DJIBOUTI ASSAB MA3SAWA.
      466 words
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      Page 39 Advertisements Column 3
      713 39 te|.P.T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA I THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE V VSL VOY SIN
      713 words
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      Page 39 Advertisements Column 4
      621 39 h^^qhbbddi^HH BANGKOK CEBU MANILA mm. wt www umm I i[vwa [w rm cw mmmu MAMA BHUM# lON W»d 10/7 Sat Zl/7 SO ORIENT m 20 7 26/7 26/7 MEKHANIK mmm m Thur U7 Sun 22/7 AKA BHUM 30S 27/7 2/8 *jT~ SIBI BHUM# 4S6N Sat a/7 Tut 26/7 SO ORIENT
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      Page 39 Advertisements Column 5
      332 39 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: m.v."brussel" V 252 ETA 28/7/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! i FROM USA/CANADA/EUROPE/MEDITERRANEAN Vi| Hf« rt» Htm |Ant |Fa«/ltof|liv S'pf BEUSSEL gg m 3Q/6 27/6 tfl ¥7 7*l C.
      332 words
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      Page 40 Advertisements Column 1
      1098 40 ,MAC-NELS SINGAPORE'| eimit til ntmt iipmt til aiww Ic. L SSf£LII KK TEL: (088) *****0 TAWAU TEL: (089) *****9' o Ich rUCHING'TEL: (082) *****3 SKAN TEL: (089) *****2 lrJ\s/V~ KJ ***** F TEL: (084) *****2 LABUAN TEL (087) *****91 V lXy X JAKARTA TEL: (21) *****7 |MEDAN i TEL: (061)
      1,098 words
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      Page 40 Advertisements Column 2
      505 40 ~Y* BLUE STAR UWE SINGAPORE TO NEW ZEALAND AND T/S FIJI PUliiY CONTAINERISED MONTHLY SAILINGS DISCHAROINQ AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIEK, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT MA NO AM A 0571 It Jul Jul VU
      505 words
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      Page 40 Advertisements Column 3
      853 40 ffITHONG SOON LINES PTE. LTD. 51 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 Kmt |wt leti Inn wrati wt eti wt KIM SOON LI 29/906 21 JUL PENANG JENHOL 10/90E
      853 words
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      Page 40 Advertisements Column 4
      336 40 IRANIAN SERVICE I Slngpori Lilim *r- I IRAN EKRAM UTN JULY Banter Mtu 1 KC DIAMOND 31ST JUtY Bandar Attot I ACCEPTING CTNR ONLY I PMM Un tf Unlet) U. NOT CSAST/MBOCI/Camuu. AMERICA CMTAMI SHVRE MM LB nnniftiw LCAAOCNAS BJM awnim ift MOKLOS VUU an w MP VII 2*7 If
      336 words
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      708 41 v gMiji COMPANIA PERUANA DE VAPORE3 "PERUVIAN STATE LINE" ACCEPTING BREAKBULItyFCL/SOC CARGOES TO/FROM CALLAO, MATARANt, ILO* A OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P. Kelang Singapore KAMALEVERETT 20/22 Jul 23/24 Jul TMOBUSEVERETT 01/02 Aug 03/04 Aug SHAPLAEVERETT 14/11 Aug 17/11 Aug WG\
      708 words
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      Page 41 Advertisements Column 2
      597 41 vst Itpore Mainliner lux tor |sav Iwtc mfx~] LEEWARD 11/7 IN TOKYO Ep DM Dl 111 U 2M YOKOHAMA 27/7 2M PUSAN W [V» W Iff zw sydney ia z« cAurowMAn/y hm iv» w» ig iMKorai li/i n livorno |i in pui ww» jb/» MM oitialu mtum mm VESSEL S'PORE
      597 words
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      Page 41 Advertisements Column 3
      681 41 Msing kwang hang mrnmm tummpomtatkm jrru ltd WEEKLY LCUfCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 19/7 21/7 1 JENWEL I 21/7 I 24/7 VESSEL S'PORE BANGKOK A VESSEL 19/7 21/7 A VESSEL 21/7 24/7 DESTINATIONS ETA SMOAPORE PORT KELANQ 20 JULY MANILA 20 JULY HONG KONG. ALL CHINA PORTS 20
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      Page 41 Advertisements Column 4
      489 41 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY STPOMS JKT 86AYA TANTO SEJATI 03 21/7 PELOPOR 951 21/7 TANTO SEJATI 06 2SP 2M7 PELOPOR 962 28/7 31/7 TANTO UTAMA 89 18/7 22/7 TANTO UTAMA 91 27/7 30/7 TANTO UTAMA 93 3/8 6/8 TANTO UTAMA
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      Page 41 Advertisements Column 5
      398 41 m mim 22/7 KEELUN6/KAOHSIUN6 21/7 BANGKOK 22/7 MANILA/CEBU 21/7 JAKARTA/BELAWAN/SURABAYA 20/7 PORT KELANG/PENANG/E. Malaysia 20/7 BUSAN 20/7 TOKYO/YOKO/KOBE/NGO/OSA 23/7 HONG KONG also accepting cargo to Huanmu/Shenzhen/Fitfhou/ Xiamen/Xingang/Shanghai m ami 21/7 LDN/FLX/LVP/SOU 21/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Rouminia/Poland/Bulgana/Czßcii. |j ISA/CftNAM 23/7 LOS ANGELES/NEW YORK aN IPI points 23/7
      398 words
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      Page 42 Advertisements Column 1
      391 42 PLATOU PACIFIC V It A SHIPPING SERVICES RtOULAR PAR lAST N. AMERICA RREAKRULK SERVICE OWNERS' REP OFFICE TEL: *****11 MNOAROWE: FAX: 2MMW HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 90/07 JAKARTA 01/06 SURABAYA 04/08 LOS ANGELES 02/01 06/09 OAKLAND 07/06 12/09 VANCOUVER B.C. 11/01 16/09 General Agents: ANGLO FRENCH
      391 words
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      Page 42 Advertisements Column 2
      323 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 27/7/90 25/8/90 18/8/90 29/8/90 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
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      Page 42 Advertisements Column 3
      240 42 /kmadkris business lr*i CORPORATION PHILIPPINE DIRECT REGULAR SERVICES TO MANILA A BISLIG ACCEPTING CARGOS TO ALL PHILIPPINE PORTS ON INDUCEMENT ALL HEAVY LIFT WELCOME. M.V. 'DAGOHOY' 07/90 ISTH JULY MNL/BISLI6 M.V.'DAGOHOY' 08/90 2JTH JULY MNL/BISU6 TBN BTH AUG ILIGAN/BISLI6 GENERAL ACT: CALSOURCE SHIPPING ft TRADING PTE LTD. e ROBINSON RO.
      240 words
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      Page 42 Advertisements Column 4
      334 42 L w n SERVICE TO/FR CfJfi PENANG— KL: allibd-LINK SINGAPORE: /9T^\ Sjgpr CMH*****2 *****8055 778 6522(22 lines) FROM SOUTH EAST ASIA/ FAR EASTTOUSG/BRAZI L/ARGENTI NA MV NORTWEEN SLEVIK MV NORTWEEN NOVA ETA KAOHSIUNG 17/7 ETA SINGAPORE 4/8 FROM BRAZIL FROM ARGENTINA MV TBN MV CAP VIILANO ETA SANTOS 21/7 ETA
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      Page 42 Advertisements Column 5
      189 42 FCL/LCL SERVICES VIOOUII PAORC ISNO a/7 VWOUR FACWC 11MB Ml HON6KONG IV 21/7 KEELUNG 22/7 29/7 BANGKOK 20/7 27/7 "BUSAN 19/7 26/7 JAKARTA 23/7 27/7 OURBAN 20/7 31/7 SURABAYA 19/7 22/7 PT. LOUIS 2*7 31/7 PT. KELANG 20/7 27/7 "KOBE 23/7 3^7 PIRAEUS 24/7 1/8 OSAKA 24/7 31/7 LOS ANGELES
      189 words
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  • Page 43 Miscellaneous
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      444 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HMUMMIMtMIIMMimSII Mil I7MIWIIWIim im m> 13M Mil 15M lil> 1740 lte IW> THt 2UI ZBt TMt Ik 0.9 17 1.7 11 13 2.4 12 1J L 4 10 OJ OJ 09 U 1.6 2.1 14 2.6 15 12 1J 1.4 1.0 0J
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      Page 44 Advertisements Column 1
      400 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL HSBr SHIPPING CORP., KARACHI. *7* INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK 7¥fN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 29/7
      400 words
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      Page 44 Advertisements Column 2
      622 44 MERCHANT MARINE CO. LTD. EA3TBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBN OAK SEA CHI FROM PSW LBN OAK SEA NKG SIN LALANOIA 33E 12/07 16/07 06/06 09A» ***** 11A» HYUNDAI EXPLORER 31W 04/06 87/B6 10M6 20/86 87M7 HYUNDAI CHALLENGER JSE 21*7 26#67 13/00 1606 I*o 10/08
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      Page 44 Advertisements Column 3
      423 44 CHARTPOINT Every Saturday in Bu ness Times ,T WIS UK/CONTINENT (TRIO) Irraci irTON n-mm rxAvcii rsM led mm TOLAfiA BAY an IK IK MMm b ta*te, t*. IWt*. MM Citt Of EDINBURGH XV M mS UK iNMtM :T« trtmm HWW^B KURAMA W7 M W l«K UK UK SMM«M» :ki* UK
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