The Business Times, 17 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 Tuesday July 17 1990 75*
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  • NEWS SUMMARY
    • Article
      Soviet Ukraine declares sovereignty
      48 1 THE SOVIET Ukraine declared sovereignty yesterday, saying it plans to become a neutral state with the right to raise its own army and introduce a separate currency. The Ukraine is the second largest of the Soviet Union's IS constituent republics after the Russian Federation.
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    • Article
      Hotel rates hit high
      44 1 THE AVERAGE RATE of a hotel room in Singapore at the end of April hit a record high of $140.20, against $134.10 during the first three months of this vear and $95 for the whole of last year Page 2
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    • Article
      Seeking new ventures
      28 1 FRENCH food giant BSN Groupe is setting up an office in Singapore to look for joint ventures and distribution activities in this region. Page 2
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    • Article
      Proposal defended
      47 1 A POTENT cocktail of economic proposals to make Australia a zero-tariffs economy by 2000 ran into opposition last week from a manufacturers' lobby, but the proposal's author believes that only the end of protectionism can cut costs and make the manufacturing sector dynamic. Page 7
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    • Article
      BOJ stands firm
      25 1 THE BANK of Japan will maintain its tight monetary policy in spite of moves in the US to ease credit Page 8
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    • Article
      US investors cheated
      35 1 US STATE securities administrators have disclosed that American investors, lured by promises of guaranteed high returns overseas, have been defrauded of at least $1.1 billion in the last two years. Page 8
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    • Article
      Uninformed interest
      22 1 WHEN IT COMES to the news, a survey indicates that Americans are both broadly interested and quite uninformed. Pa(e 15
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    • Article
      Singmarine sails on
      27 1 SINGMARINE Industries has further expanded into the marine leisure business with the acquisition of local cruise chartering company Orient Charters. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      36 1 THE US stock market rose from Friday's record closing level in early activity yesterday. The Dow Jones average of 30 industrials stood at 2,988.37 at 1430 GMT, up 8.17 points from Friday's record close.
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    • Article
      Footsie higher
      35 1 SHARE PRICES were higher at midday yesterday, boosted by a laiger-than-expected drop in British retail sales. At 1100 GMT, the FTSE 100-share index was up 24.7 points, or one per cent, at 2,406.9.
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    • Article
      Inter-Pac close to bid
      31 1 INTER-PACIFIC Industrial group is just a whisker away from a mandatory bid for Magnum Corp following the increase of its stake to 32.9 per cent Page 3
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    • Article
      A role for Time
      36 1 TIME Engineering Bhd, as part of the United Engineers Malaysia Bhd group, is well positioned to take part in the proposed billion-ringgit second link to Singapore, says its managing director Page 3
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    • Article
      Tough tips for Manila
      34 1 THE PHILIPPINES should sharply devalue its currency and limit foreign debt servicing to curb expanding trade and budget deficits, says a study by the University of the Philippines Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 BT-MGA Monday 820.54 Chaafe +2.28 Kuala Lumpur ....630.52 13.82 Hongkong ..3,488.85 18.31 Tokyo 33,021.73 +377.36 Sydney 1,607.8 +9.0 New York Friday .2,980.20 10.40 London .2,382.2 11.7
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    • Article
      CURRENCIES
      20 1 Cxcfc—fi rates US$ SSl.8180 Yen SS1.2251 MMOT iMiM'rata 30 6717 Overnight 5 1/4 +1 1/4 3-month 7 5/16* +1/16
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    • Article
      COMMODITIES
      33 1 UadMMd PM fix US$363.25 -US$0.25 Store Aug... I55.00*/kg -0.25 Nvjia Aug M230.50*/kg unch KLTta Turnover 92 tonnes +10 Spot MS 16.03/kg -17 Cnrii pain 4 Turnover 909 lots +291 Jul M$668/tcne -6
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  • Article
    Robin Loh plans A$2.5b city on Gold Coast
    505 1  -  From Florence Chong in SYDNEY ASIAN TYCOON Robin Loh's Australian operation, Robina Land Corporation (RLQ, has formally applied for approval to develop a A 52.5 billion regional city on the Gold Coast. The regional city will cover a land area larger than
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  • Article
    Lock icon Eight companies planning to build hotels in Langkawi
    355 1 MBT EIGHT COMPANIES, including some from Australia, Japan and the Maldives, plan to invest millions of dollars next year to build several in-ternational-class hotels and recreational facilities on Langkawi Island. When the projects are completed in five years, the island will have
    MBT  -  355 words
  • Article, Illustration
    Ng Pock Too to become Sembawang's chief executive
    492 1  -  By Yong Pow Ang MR NG POCK TOO is leaving the National Trades Union Congress and taking up the post of group chief executive of the Sembawang Group from Mr C N Watson at the end of the year. And in an
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  • Article
    Kuok Group ups stake in consortium
    149 1  -  Frwn Al O Labita Jr in_MANILA BUOYED BY tha long-term growth prospects of the Philippine property market, the Hoagkoag-baaed Kaok Group of Compaaies (KGC) is in a buyiag mood. Its latest corporate venture iiwhd the parchMf of aa additional equity stake ia Ceba Holdings
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  • Article
    UIC in talks to sell 20pc stake in D&C
    459 1  -  By Magdalene Ng UNITED INDUSTRIAL Corporation (UIC) is currently involved in discussions to sell its entire 20 per cent stake in Development Commercial Bank (D&C) for a minimum of M 5224 million or M 52.20 a share. Sources told BT yesterday
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  • Article
    Lock icon Moscow accepts united Germany in Nato
    159 1 Reuter SOVIET PRESIDENT Mikhail Gorbachev said yesterday that Moscow would accept a united Germany as a member of the North Atlantic Treaty Organisation. In a major concession, he told a joint news conference with West German Chancellor Helmut Kohl in Moacow: "Whether we like
    Reuter  -  159 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      Page 1 Advertisements Column 2
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      38 words
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      Page 1 Advertisements Column 3
      9 1 Nikon Great iapavtaice sees ia Shev-Baker talks, Back Pg
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Insurance workers to get 7-20pc pay rise
        136 2 INSURANCE WORKERS will enjoy basic pay rises of between 7 per cent and 20 per cent with the conclusion of the hit** wage settlement between their employers and the Singapore Insurance Employees' Union. Concluded after just two njonds of talks, the new wage
        136 words
      • Article
        Unionists to meet
        69 2 THE SINGAPORE Industrial Services Employees' Union will be holding its 3rd Triennial Delegates' Conference to amend its constitution, and to elect 16 members to the executive committee for the 1990-1993 term. Mr Lim Boon Heng, the National Trades Union Congress deputy secretary-general, is guest-of-honour at the conference
        69 words
      • Article
        Petrochem in the vanguard
        66 2 ALTHOUGH relatively young, the petrochemical industry, with good management-labour relations, has one of the highest growth figures in the manufacturing sector, said assistant secretary-general of the National Trades Union Congress, Mrs Yu-Fo Yee Shoon yesterday. This has led to high productivity levels, with value-added per worker
        66 words
      • Article
        PM Lee for RI dinner
        68 2 PRIME MINISTER Lee Kuan Yew will be the guest of honour at the Raffles Institution's Foundation dinner tonight at the Westin Stamford Hotel. Some 93 tables have been sold at $1,000 per head. Proceeds from the dinner will §6 to the Raffles Institution Scholarship and
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      • Article
        First GIFT baby at Mt E
        49 2 TflE first GIFT baby to be born in a private hospital was dietivered at Mount Elizabeth Hospital on July 12. A 37-yfcir-old housewife gave birth to the 3.61 kg girl after 15 years of infertility. GIFT is a sophisticated technique for treating infertility.
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    • Article
      Singaporeans made more than 1m overseas trips by air last year
      252 2 SINGAPOREANS made more than one million trips by air last year, representing an increase of 18.1 per cent compared with the year before. Indeed, over the past five years, the volume of Singapore outbound travel has increased at an
      252 words
    • Article
      Average hotel rate hits record of $140.20
      341 2  -  Sangeeta Mulchand THE AVERAGE RATE of a hotel room in Singapore at the end of April this year hit a record high of $140.20, according to statistics released by the Singapore Tourist Promotion Board (STPB) yesterday. This compares with the average room rate
      341 words
    • Article, Illustration
      Computer link will benefit Singapore, Japanese business
      270 2  -  By Claire Leow MANUFACTURERS and retailers in Singapore and Japan will benefit from a bilateral computer link which will speed up business dealings when it is ready by the end of this year. An agreement on such an Electronic Data Interchange (EDI) link
      270 words
    • Article, Illustration
      French food group sets up office in S'pore
      407 2  -  By Lee Han Shih FRENCH food giant BSN Groupe, known for its appetite for international expansion, is setting up an office in Singapore to look out for joint ventures and distribution activities in this region. The office will be located at the
      407 words
    • Article, Illustration
      Land Office clarifies levy
      395 2  -  LETTER TO THE EDITOR CHANG KWANG SEH Commissioner of Leads' Dear Sir, PLEASE REFER to your editorial entitled "An Uncertain Development" in Business Times dated 11 July 90 and the article by your Ms Lilian Ang entitled "Land Office levy worries property market" on 5 July
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      244 2 CHARTPOINT Every Saturday in Business Times AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHEIATON LITTLE tK 5 o I < > 2 z V < v 141 > />* X m fl* i iV, Ak Eb. Vtt fl i < 2 PW9^^HC&P9r3G^^^l
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    • Advertisement
      Page 2 Advertisements Column 2
      101 2 aCCTZFREEMAN FOX aCgT/JOHN TAYLOR ACER CONSULTANTS PTE LTD Consulting Engineers 150 Beach Road #13-05/08 Gateway West Singapore 0718 Tel: (65) *****00 Fax: (65) 293 1318 The Acer group of companies is pleased to announce the opening of its new office in Singapore. Located in the new Gateway Building, the office
      101 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Inter-Pacific raises stake in Magnum to 32.9pc
      577 3  -  By William Chia DIVERSIFIED Inter-Pacific Industrial Group headed by Malaysian .entrepreneur Datuk Vincent Tan has raised its stake in gaming grow Magnum Corporation to 319 per cent, sparking off speculation that a hostile bid is on the cards. The group announced yesterday tint
      577 words
    • Article
      Union problems threatening Ipoh Garden's Sydney project
      650 3  -  Fran Florence Chong In SYDNEY THE AUSTRALIAN offshoot of Ipoh Gardens Bhd World Square Pty Ltd is currently embroiled in a bitter battle with building unions in its Sydney development project If, in fact, the dispute is not settled satisfactorily, the company has
      650 words
    • Article
      Lock icon BMBB quits as adviser to First Allied Corporation
      312 3 Bernama BUMIPUTRA Merchant Bankers Bhd (BMBB) has pulled out as the financial adviser to First Allied Corporation Bhd (FACB) for its proposed equity and financial restructuring scheme after having been unfairly blamed by the company for beiDf the cause of delays in
      Bernama  -  312 words
    • Article
      OCBC rights issue 97.9pc subscribed
      164 3 OCBC BANK has received acceptances totalling 32.96 million rights shares, representing about 97.9 per cent of the proposed total. The bank last month announced a rights issue of six shares for every 100 existing ordinary shares at $6.64 each for local shareholders and $8.91 each
      164 words
    • Article
      Lock icon Time Engrg eyeing second M'sia-S'pore link project
      509 3 Bernama TIME ENGINEERING Bhd, as part of the United Engineers Malaysia Bhd (UEM) group, is well positioned to participate in the proposed billion-ringgit second link to Singapore, said its managing director, Mr Eddie Chia. Time Engineering has a 30.5 per cent stake in
      Bernama  -  509 words
    • COMPANY BRIEFS
      • Article
        Hotel Plaza shares start trading tomorrow
        70 3 TRADING in Hotel Plaza Ltd shares under the "Hotel?sector will start tomorrow. HPL will be the third main counter to be traded scripless; thus the shares will be trad4o~ on a "ready" basis only. Settlement for trades in the shavt* will be effected by
        70 words
      • Article
        Company sells more FCC shares
        38 3 LEE KIM YEW (Pte) Ud has sold another 86,000 Capital Corporation shares at $1.7552 each on July 16, 1990, after disposing of a block of 72,000 shares at $1.7463 each on June 28.
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      • Article
        Kian Joo Can plans bonus issue
        72 3 DIRECTORS of Kian Joo Can Factory Bhd have proposed four-for-flve bonus issue comprising 41.13 million ne#" shares. The issue is by way of capitalisation of its asAt-7 revaluation and revenue reserves and the share premium*; accounts. The proposed issue will increase its paid-up capittlt
        72 words
      • Article
        Deals will hit Panglobal EPS
        188 3 PANGLOBAL EQUITIES Bhd's earnings per share will adversely affected should the company proceed with its pis*: posed acquisitions of five properties in Kuala Lumpur;* George Town and Seberang Perai, its independent adviser to shareholders, Utama Ward ley Bhd, said in a circular yestep-. day. Panglobal
        188 words
      • Article
        MBA aims for further growth
        96 3 MALAYSIA British Assurance BHD (MBA) is poised to take advantage of Malaysia's continuing good economic performance and has targeted further growth in premium chairman Datuk Abdul Latiff bin Hussain said in the company's 1989/1990 report Datuk Abdul Latiff added: "We hope to breach our M$
        96 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      9 3 Managers must manage. BT shows you how every Monday
      9 words
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      Page 3 Advertisements Column 2
      123 3 ysMtiL ti. <w^P*Tißi TEL?!)* y Fag Toor Snap M| S* Classic lines Impeccable breeding. Owned by a few. As finely honed as a champion mount. That's the spirit of Saratoga: 1908 AUTHORISED DEALERS Am Watch |PwKway Parada) Chaw Chaong Canira (Shaw Canira Wtama Ama). Cortna Match Cantra (Lucky Plaza. Fuw
      123 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Japanese steelmakers eyeing Turkey project
        93 4 JAPANESE STEELMAKERS and trading houses are preparing to bid for a US$l billion steel mill project in Turkey, said a spokesman for Japanese steelmaker NKK Corp. The international bid, to be held later this year, is for the expansion of a state-owned steel mill in
        93 words
      • Article
        Toshiba plans world network
        55 4 TOSHIBA CORP will set up an integrated communications network to connect its subsidiaries worldwide, the company said. The firm will invest US$33 million in the network, which will start operation in December 1991. The network will link Toshiba's subsidiaries and representative offices in 36 countries in
        55 words
      • Article
        Lawsuit unreasonable: Kubota
        99 4 KUBOTA CORP said a lawsuit filed by two Silicon Valley entrepreneurs is unreasonable and the allegations without merit, a company spokesman said. "As far as we understand tlkir complaint via foreign media, it is totally without foundation," he said. "We would like to take certain actions against
        99 words
      • Article
        Mitsubishi to tour E Europe
        100 4 MITSUBISHI Corp is organising a tour of Eastern Europe for Japanese executives this September after the visit of a similar team in March, a company spokesman said. The tour, organised to satisfy the demands of several firms planning to deal with Eastern European countries, will
        100 words
      • Article
        NZ, Aussie airlines may merge
        105 4 AUSTRALIA and New Zealand may be forced to merge their international and domestic airlines within 10 years in order to stay competitive, airline executives said. Qantas Airways Ltcfs general manager corporate planning Rodger Robertson and Ansett Airlines Ltd's joint chairman Sir Peter Abeles told reporters
        105 words
      • Article
        NEC's UK unit to make ASICs
        89 4 NEC Corp will start producing application-specific integrated circuits (ASICs) at its British production unit, NEC Semiconductors (UK) lid, later this year, an NEC spokeswoman said. The company's plant in Livingstone, Scotland, will add production of 200,000 ASICs a month to its current output of
        89 words
    • Article
      Lock icon BML rumours unfounded
      190 4 Reuter RESERVE Bank governor Bernie Fraser said rumours about the stability of Bank of Melbourne Ltd were unfounded. Mr Fraser said in a statement the Reserve Bank continually monitored operations of individual banks, including Bank of Melbourne, to ensure they operated within prudential guidelines and followed sound
      Reuter  -  190 words
    • Article, Illustration
      Lock icon Indah Kiat's US$346m issue hits home
      674 4 Reuter INDONESIAN pulp and paper firm PT Indah Kiat hopes funds from its US$346 million share issue will catapult it to the front of the industry worldwide. Sixty million shares in the joint-venture project hit the Jakarta Stock Exchange yesterday, and at 10,600 rupiah
      Reuter  -  674 words
    • Article
      Lock icon JAL gets eight proposals in search for KL hotel
      454 4 MBT JAPAN AIRLINES (JAL), which is scouting for a five-star hotel in Kuala Lumpur's Golden Triangle, has received to-date eight proposals from interested parties and is expected to forward five of them to the head office in Japan for evaluation. Vice-president
      MBT  -  454 words
    • Article
      Somchai in venture to build 800m baht complex
      366 4 FORMER Tourism Authority of Thailand Governor Somchai Hiranyakij, Nakhon Ratchaaima MP Boonthueng Pholphanich and businessman Paibui Phanichcheeva plan to jointly build an 800-million-baht hotel, mini office and shopping complex in Nakhon Ratchasima. The three have established Piyarom Land and House Co with
      366 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      162 4 But they won't have to wait much longer at Hertz Affordable Europe rates. Hertz can make Europe's great tourist attractions choice of the finest production cars available. You'll be come alive for you right now. Because Hertz offer them cared for by the Hertz network of offices in 23 at
      162 words
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      Page 4 Advertisements Column 2
      121 4 10 ways the DeleCemegleCouree* helps men end women: Poiaa and Conßdanoo Public SpaaUng Human Rotations bwhaht p#opl# Mioaomwol rttm II til tntCuVt uomrruintcioont Motivational Skflto Tha Couraga to Think, Doold* tno Act Sod youraotf and Your Um Dovolop Your HkJdon AbHMtt Win a Batter Job, Mora Inoomo JtLiil ujiiiiy imTji
      121 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Cummins Engine sells 27pc stake for US$250m
      452 5 NYT (3JMMINS Engine Co has announced a series of transactions that will give it an immediate infusion of US$25O million in fresh capital in return for surrendering a 27 per cent stake to Ford Motor Co, Tenneco Inc and Kubota Ltd of Japan.
      NYT  -  452 words
    • Article, Illustration
      Lock icon RJR Nabisco refinancing a test for Henry Kravis
      306 5 NYT BANKERS have begun signing loan agreements for the proposed US$6.B billion refinancing of RJR Nabisco Inc, and many on Wall Street are hoping that the company will act quickly to buy back some of its "junk bonds". At the same time,
      NYT  -  306 words
    • COMPANY BRIEFS
      • Article
        Tapie in 1.6b-franc Adidas deal
        95 5 Groupe Bernard Tapie, controlled by entrepreneur Bernard Tapie, said in a statement in Paris yesterday that Bernaob Tapie Finance SA (BTF) paid around 1.6 billion francs for the 80 per cent stake in West German sports goods company Adidas AG which it agreed to buy
        95 words
      • Article
        Insider trading of Contel shares
        90 5 THE US Securities and Exchange Commission said last Friday that illegal profits of at least US$l million were obtained from a sophisticated insider trading scheme in th| stock and options of the Contel Corp shortly before the company announced last Thursday that it would be
        90 words
      • Article
        Sales of US-built vehicles up
        80 5 HELPED by strong demand for light trucks from Generfcf Motors and Ford, sales of American-built vehicles rose 2& per cent in early July, the industry's second consecutive 10-day period of healthy sales gains. Overall, sales of domestin cally produced cars rose by six-tenths of a
        80 words
      • Article
        SAS flights hit by pilots' strike
        67 5 SCANDINAVIAN Airlines System (SAS) cancelled thirds of its domestic Swedish flights and one-third of Scandinavian and European flights because of a second one-da/ strike by Swedish pilots yesterday. The airline, whose Danisn and Norwegian pilots were working normally, said it transfer passengers to other
        67 words
    • Article
      Lock icon ABN and Amro finalise merger agreement
      376 5 Reuter LEADING Dutch banks Am-sterdam-Rotterdam Bank NV (Amro) and Algemene Bank Nederland (ABN) said in Amsterdam yesterday that they had reached final agreement on the terms for a full merger on the basis of equality. In a joint statement the two banks said Amro
      Reuter  -  376 words
    • Article
      Lock icon Can marketing wizard Shugrue save Eastern?
      398 5 NYT "WORSE in the near term, better in the long term." That is the financial forecast for Eastern Airlines that has been delivered by Martin Shugrue, the former airline navigator and Continental Airlines executive now at the helm of the wayward carrier. Despite the
      NYT  -  398 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      167 5 vli sO fli' -no You ARRIVE IN NEW YORK. YOUR DOCUMENTS FOR THE PRESENTATION DON'T. 1 K» rrti IK nb 4jfe ..-fr <ab jol f* T f -rj hey're in your hotel room in Tokyo. And it's forty-eight hours before the presentation. Relax. Visa Gold's Document Delivery service will get
      167 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        91-day Treasury bills yield 3.93pc
        64 6 THE avenge yield for this week's auction of ISO million of treasury bills was 3.93 per cent and the cut-off 4.08 pair cent, the Monetary Authority of Singapore said. Bids $201 million. "ITiis compares with an average yield of $>19 per cent and a cut-off
        64 words
      • Article
        Daiwa in Budapest venture
        98 6 tiAIWA Securities Co Ltd will join with two Hungarian banks to set up a securities firm in Budapest by the end of 1990, a Daiwa official said. The venture will be capitalised at about US$lO million and will be owned more than SO per cent by
        98 words
      • Article
        HKBank hooks up with Midland
        79 6 THE Honskongßank and UK-based Midland Bank pic have linked their electronic banking and cash-management systems, Hongkongßank said in a statement. Midland and HKBank customers in 28 countries can now get account and Ntitr*™* information, as well as make payments and transfers through either bank, it
        79 words
      • Article
        German inflation fears recede
        106 6 BANK of Japan Governor Yasushi Mieno said inflationary concern from German monetary union has been weakening recently as East German consumers have been more prudent than had been expected. He told a two-day meeting of BOJ branch managers, however, that problems still exist and there if«
        106 words
    • Article
      Lock icon Economists urge Manila to devalue currency
      511 6 Reuter THE Philippines should sharply devalue its currency and limit foreign debt servicing to curb expanding trade and budget deficits. A study by the economics department of the University of the Philippines, released yesterday, warned that the country will face a major economic crisis
      Reuter  -  511 words
    • Article
      Lock icon KL unlikely to raise yankee bonds again
      377 6 MBT MALAYSIA'S recent decision to raise US$2OO million through yankee bonds is likely to be the country's first and last external market borrowing for this year. A Finance Ministry offi- cial said yesterday: "Although Malaysia is keen to diversify its capital raising efforts
      MBT  -  377 words
    • Article
      Lock icon BOT to tighten foreign loans
      121 6 AFP THE Bank of Thailand (BOT) plans to tighten foreign borrowings by local commercial banks after they were found to be using overseas funds for local lending, BOT officials said. BOT governor Chavalit Thanachanan said this had resulted in an unfavourable increase in lendings during
      AFP  -  121 words
    • Article, Illustration
      Lock icon UK brokers optimistic about Dubai futures
      313 6 Reuter LONDON'S International Petroleum Exchange (IPE) will launch its Dubai crude oil futures contract on Thursday, and brokers are optimistic about its prospects. "We should see 2,000 to 5,000 lots trading (daily) by the end of the year,** said Said Barkhordar of Sabex Futures
      Reuter  -  313 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      242 6 HOTEL MERIDIEN -"*7; Pull a few strings. Take „a business break in Phuket. Have your next meeting on a tropical island. Le Meridien Phuket has a special meetings package that cost-effectively combines efficient business facilities and the pleasures of life on a tropical island. The full 4 Meeting Package' includes:
      242 words
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      Page 6 Advertisements Column 2
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      203 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      29 6 f~ TUAV* an *v' MrbR*vnN<r avrtSTiox y. A»OVT TH* D*FKIT, tr RtMlMOt M» OP J A JOHfc X WftARD oven. AT THfc TfUAiOTtS IN PfcKFOAMAHCE AT THE WHIT6 HOUSEj
      29 words
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  • THE REGION
    • Article
      Lock icon Why foreign investors fight shy of Philippines
      474 7 AFP THE PHILIPPINES has been left behind by its Southeast Asian neighbours in the rfce to attract foreign investment, despite all the attempts 1% the Manila government to attract capital While most of the blame for this has gone to six coup attempts,
      AFP  -  474 words
    • Article
      Lock icon Bomb blasts no cause for panic, say Manila officials
      203 7 Reuter PHILIPPINE defence and military officials said during the weekend that they saw no heed for panic or the imposition of martial law after a series of bomb blasts rocked Manila. "The scattered bombing incidents should not cause our people to
      Reuter  -  203 words
    • Article
      Thai hotels heading for price war, says hotelier
      467 7 SIGNS are emerging that in the next few years Bangkok's top-rated hotels will become embroiled in an expensive price-cutting war that will be worsened by inexperienced owners panicking, an executive has predicted. Many hotel owners already have shown the first signs of
      467 words
    • Article
      Lock icon Mrs Marcos faces questioning in US
      201 7 AFP THE US Justice Department has ordered former Philippine first lady Imelda Marcos to face a grand jury for questioning regarding a nuclear power plant built in the Philippines in the early 1980s. Federal agents served her Friday with the subpoena to appear in
      AFP  -  201 words
    • Article
      Lock icon Asean to seek EC assurances on aid
      205 7 AP THE Association of Southeast Asian Nations will seek assurances from the European Community that assistance from the developed nations to Eastern Europe will not mean less aid for Asean. Malaysian Foreign Minister Abu Hassan Omar told a press conference on Monday that
      AP  -  205 words
    • Article, Illustration
      Plan to remove Aussie tariffs faces opposition
      462 7  -  By Harish Mehta A POTENT cocktail of economic proposals to make Australia a zero-tariffs economy by 2000 ran into stiff opposition last week from a manufacturers' lobby, but the proposal's author believes that only the end of protectionism can reduce costs and make
      462 words
    • NOTE BOOK
      • Article
        NZ Air Force to base fighters in Australia
        113 7 SIX Royal New Zealand Air Force A-4 Sky hawk fighter aircraft are to be based in Australia, said Defence Minister Peter Tapsell in Wellington yesterday. The aircraft will based at the Royal Australian Naval Air station at Nowrrtt New South Wales, he
        113 words
      • Article
        NZ inflation rate rises
        87 7 NEW ZEALAND'S rate of inflation for the year to the end dL June 1990 was 7.6 per cent, compared with 7 per cent for the* year to the end of March, the government Statistics Dcpasf ment reported yesterday. The rate for the quarter to June war
        87 words
      • Article
        Anti-communist alliance set up
        114 7 TWENTY-FOUR Vietnamese anti-communist groups daiw ing to represent more than 300 associations worldwide ami nounced the creation of an Alliance for Freedom and* Democracy in Vietnam (AFDV) on Sunday. The Paris-basadi Alliance was set up at the end of a three-day congress heldia. Paris and attended
        114 words
      • Article
        Sabah tribesmen go to the polls
        95 7 HILL TRIBESMEN and farmers in the remotest areas of' Sabah voted yesterday after a bruising campaign focusing qo religion, Filipino migrants, corruption and state right*. "Everything is going well. We have no problems," said commissioner Othman Ali of the balloting at 99 centra,' many
        95 words
      • Article
        DAP hails Mahathir's move
        131 7 MALAYSIAN opposition leader Lim Kit Siang has welcomed the sending of a Commonwealth representative to meet political parties on the Commonwealth observer mission before the next general election. The move will ensure no controversy later on over the mission's acceptability, credibility and legitimacy, the secretary-general of
        131 words
  • Page 7 Advertisements
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      299 7 M Improve your Communication Skills! The British Council's Business Communication courses are just t what you need to get ahead in business! Programme for August September Confidence in Speaking TH A course on correct pronunciation to help you speak with Jl I confidence and poise. JIA Dates: Thur, Fri 23
      299 words
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      Page 7 Advertisements Column 2
      11 7 You Don't Just Cam A Briefcase. You Wear It b i
      11 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Tokyo repays last World Bank loan
        100 8 JAPAN, which has moved from the second-largest World Ranir loan debtor to the world's biggest creditor nation, yesterday repaid its last World Bank loan. Outstanding was the last US$7 million instalment on a 25-year, US$75 million loan to the Japan Highway Public Corp to
        100 words
      • Article
        Talking about re-unification
        71 8 THE first jointly organised academic conference on the reunification of Taiwan and China opened in Hongkong yesterday. The three-day conference was organised by the China Council for the Promotion of Peaceful Reunification and Taiwan's Alliance for the Unification of China. A spokesman for the meeting said the
        71 words
      • Article
        Arab council talks
        62 8 ARAB Cooperation Council economy ministers will meet in Amman, Jordan, tomorrow for talks on speeding up trade exchanges within the four-nation bloc. The meeting opens a day after an Amman gathering by ACC central bank governors to discuss a working paper on prospects for the formation of
        62 words
      • Article
        EC ministers for Israel
        52 8 THE foreign ministers of Ireland, Italy and Luxembourg were due in Israel yesterday on a 24-hour visit, a spokesman for the Israeli Foreign Ministry in Jerusalem said on Sunday. Officials said they were expected to discuss efforts aimed at getting the Middle East peace process off
        52 words
      • Article
        Iran makes barter deals
        53 8 ISLAMIC Iran has signed deals with four Muslim-populated Soviet republics to trade cars, textiles and other goods. The Iranian news agency IRNA, received in Nicosia, said on Sunday that the baiter accords were signed by a delegation from Iran's Khorassan province that visited Azerbaijan, Tajikistan, Turkmenia
        53 words
      • Article
        Brazil to pay creditors
        69 8 THE Brazilian government will pay its foreign and domestic creditors at least US$4 billion in 1990, according to President Fernando Collor de Mello's top debt official. Jorio Dauster, the government's ambassador-at-large for debt affairs, said during the weekend that Brazil would repay US$l.2 billion to the
        69 words
      • Article
        Dhaka's foreign debt
        48 8 BANGLADESH'S foreign debt since independence in 1971 to March this year totalled US$lO.2 billion. Finance and Planning Minister Abdul Munem said in Dhaka on Sunday that in the fiscal year ending June 30, the country had paid US$ 131.6 million in interest on foreign loans.
        48 words
    • Article
      Lock icon US budget negotiators face daunting task
      392 8 Reuter NEW BUDGET estimates scheduled to be released by the White House yesterday would show the fiscal 1991 deficit slightly above the previous estimate of US$l59 billion, which could trigger huge spending cuts unless budget negotiators reach agreement. After meeting with top administration officials,
      Reuter  -  392 words
    • Article
      Lock icon Ministers rally round Thatcher's side
      328 8 Reuter BRITISH Cabinet ministers closed ranks around Prime Minister Margaret Thatcher yesterday in an attempt to limit damage from a weekend of deep embarrassment over outspoken anti-German remarks by one of her closest political allies. Trade and Industry Secretary Nicholas Ridley was forced to resign
      Reuter  -  328 words
    • Article
      Lock icon Mrs T fears German might: Hurd
      243 8 AFP BRITISH Prime Minister Margaret Thatcher is worried about the economic strength of West Germany, which "absorbed East Germany with a hiccup", says her Foreign Secretary. But fears that she had earlier this year over the pace and framework of German unification were "allayed"
      AFP  -  243 words
    • Article
      Lock icon Credulous US investors bilked of billions
      345 8 NYT STATE securities administrators said in congressional testimony last week that American investors, lured by promises of guaranteed high returns overseas, were defrauded of at least US$l.l billion in the last two years. "Global investing can mean a world of hurt for unwary consumers
      NYT  -  345 words
    • Article
      Lock icon Japan to maintain tight monetary policy
      158 8 AFP THE Baak of Japan (BOJ) will iwißtiiß its tight monetary policy despite moves in the United States to ease credit Aa official at the Japanese central bank, who asked not to be named, mnde the remarks daring the weekend after US Federal Reserve
      AFP  -  158 words
    • Article, Illustration
      Lock icon Soviet party ends control over radio, TV
      293 8 Reuter THE SOVIET Communist Party has taken another battering with President Mikhail Gorbachev ending its control of state-run broadcasting and SO,OOO people marching through Moscow to demand an end to Communist rule. Mr Gorbachev, determined to end the party's domination of Soviet life,
      Reuter; AFP picture  -  293 words
    • Article
      Lock icon EC to devote attention to non-farm negotiations
      163 8 Reuter THE European Community will try this week to shift the spotlight away from its agricultural subsidies and sound a note of alarm about the slow progress in other areas of the Uruguay Round of world tradQ talks. The 12 EC foreign ministers
      Reuter  -  163 words
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      Page 8 Advertisements Column 1
      249 8 The long awaited single largest Common Market and Open House for the office equipment manufacturers, suppliers and services is taking off. At the World Trade Centre Hall 4, from October 10-13, 1990. For years, the Open House concept is limited to only some as such events are expensive to organise.
      249 words
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      Page 8 Advertisements Column 2
      84 8 RADIAL AUTO INSERTION MACHINE Model: PansertNM 2143 C. Power source: AC 100 V. 50/60 Hz. Air supply 5 kg/cm 3. B) 1 UNIT AXIAL AUTO INSERTION MACHINE Model: Pansert AA NM 2051. j Power source: AC 100 V, 50/60 Hz. Air supply skg/cm3, Variable pitch: j 5 mm and 10
      84 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      262 9 a I 4 'l f OUR ENGINEERS CAN j ALWAYS COME UP WITH i THE PRODUCT SPECS I ON TIME. 1; JP!y?j V B v jig J &KHL i A V w 1 mm HBSLJfIr •••J mmmsk Hp BMfl 'fIP J/NF V~l pf?Hr i Bf J lr V, 1 J
      262 words
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  • Article
    Banking on realities
    452 10 EDITORIAL THE WORLD Bank's recipe for development in poor countries is not new. As its president, Barber Conable, said again this week, Third World governments should encourage private enterprise; fight inflation; curb extravagant public spending; and find realistic prices for agricultural products, foreign currency, imports and exports.
    452 words
  • WHAT THE OTHERS SAY
    • Article
      Prime cuts for dinner
      224 10 BELIEVERS in free trade must be relieved that the Americans and the Europeans have agreed to cut farm subsidies at the Houston summit, where leaders of the seven leading industrialised countries met recently. An impasse could have derailed trade talks at the Uruguay Round held under
      224 words
    • Article
      Ball in Soviets' court
      137 10 THE G-7 meeting ended with deep divisions on various issues, in particular, how help should be extended to the Soviet Union. Soviet leader Mikhail Gorbachev's immediate task is to persuade the West, the US especially, to channel aid to its ailing economy. But that requires the
      137 words
    • Article
      Tying up loose ends
      113 10 SINGAPORE must strive to extend the benefits of mutual cooperation to Johor if it is to minimise opposition to the close ties between the two from across the Causeway. It can take up Johor Mentri Besar Tan Sri Muhyiddin Yassin's suggestion that Singapore provide training opportunities
      113 words
  • REGIONAL VIEWPOINTS
    • Article
      A lesson worth learning
      203 10 THE International Natural Rubber Organisation (Inro) has lowered by 5 per cent its reference price after noting that the six-month average of the daily market indicator price was below the previous "may buy" level for its buffer stock operations. This move to keep in line with
      203 words
    • Article
      Fresh hope for refugees
      185 10 FIFTEEN years after the last shot in the Vietnam war, the continuing though declining exodus of Vietnamese boat people remains a nagging problem for the South-east Asian nations and the international community... But now a glimmer of hope has appeared on the horizon which could lead
      185 words
    • Article
      Gorbachev fights on
      146 10 MIKHAIL GORBACHEV may have to choose between the Communist Party, which elected him as General Secretary at the 28th Congress, or perestroika. The choice could be as stark and simple as that, because the majority of the party apparently does not share his reformist convictions. The party
      146 words
  • Article, Illustration
    Lock icon Will Gorbachev trip, stumble and fall?
    979 10  -  The Japanese think that Mikhail Gorbachev is an amateur at economic planning and that the coordinated market economy he envisaged was doomed from the beginning. Takeshi Suzuki reports Takeshi Suzuki Asahi Mikhail Gorbachev has declared that he would step down as general secretary of
    Asahi  -  979 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      162 10 WESTERN AUSTRALIA HAS A GREAT CLIMATE FOR INVESTMENTS. Come to Perth and discover the vast investment opportunities and lifestyle that are available in Western Australia Western Australia offers investors and businesses outstanding opportunities. This huge State has vast mineral resources, a highly developed infrastructure, first class education system and a
      162 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      27 10 DOONESBURY fiSSI |T§pr»i£l I V BNT.A*>rMANSK/AS ■fS AM6KCAS I£APIN6 I NOT TO 'wgn IV\ HBCK THAT BUSH tKXS \vkuMNPXXK-HeS&THEK. I 6£T MAP* DO AS SO MANY I
      27 words
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  • ANALYSIS
    • Article
      Lock icon Shanghai calling, but will the world listen?
      838 11  -  China plans to transform the neglected eastern part of Shanghai into a special foreign investment zone that would make it an Asian financial centre. Nicholas Kristof reports Nicholas Kristof NYT ON WHAT is now an expanse of rice Fields and dilapidated buildings, China
      NYT  -  838 words
    • Article, Illustration
      Correcting a slight pain in the neck
      1466 11  -  Bangkok Bank, the number one bank in the country, has set itself the task of breaking into unrelated fields such as trading and real estate. Andrea Borch, who was in Bangkok recently, reports Andrea Borch Three years ago, the bank that helped give
      1,466 words
    • Article, Illustration
      Lock icon Light at the end of long dark tunnel of poverty
      897 11  -  Poverty in most parts of the world is likely to decline by the year 2000, according to the latest Wond Bank report. Clyde Farnsworth examines the situation Clyde Farnsworth NYT THE first major study of the world's poor in a
      NYT  -  897 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      214 11 DISPOSABLE CONTACT LENSES Now available at PHILIP D IZAAC OPTOMETRIST- CONTACT LENS CLMC 02-26 Paragon Shopping Centre 290 Orchard Road Tel. *****66 PHIUP D. IZAAC ICQ (UOND) MEMBER OF THE BRITISH CONTACT LENS ASSOCIATION Consultation Hours: Mon To Sat: 10.30 am 7.00 pm Sun Public Holidays 11.30 am 6.00 pm
      214 words
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      288 12 4 ELECTRONIC MINDS WILL MEET TENANT NEEDS BEFORE THEY ARISE. "The secret of successful property needs Incorporating new cost effective systems into management is always looking ahead your property. And keeping track of emerging trends to anticipate future needs of the tenants, in property management that give us insights into
      288 words
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  • FOCUS
    • Article, Illustration
      All the power in the palm of your hand
      735 13  -  IT MATTERS Kenneth James continues his foray into the rapidly expanding world of portable personal computers with a closer look at the new kids on the block notebook PCs. Kenneth James HERE'S A FAIRY TALE for today's generation. Seems Goldilocks, who
      735 words
    • Article
      Lock icon China puts Pakistani satellite into orbit
      217 13 Reuter CHINA yesterday successfully launched a newly-devel-oped rocket carrying two satellites, one of them for Pakistan, the official New China News Agency said. The launch would strengthen China's position in the international market for space services following its successful placing of a USmade communications
      Reuter  -  217 words
    • Article
      SEEL launches intelligent building control system
      241 13 SINGAPORE Electronic Engineering Pte Ltd (SEEL), which is seeking a main board listing before the year is out, has launched a locallydeveloped intelligent building control system. SEEL officially launched the system, called STBIOO, at BURO 90, a building control exhibition held last week. SEEL
      241 words
    • Article
      ICL eyeing growing Unix market in Asia
      263 13 TECHNOLOGY m.i II .■■■■■LM ill. 1.1II. in 1111 j 111 ii in i UK-BASED computer hardware and software company ICL has set its sights on carving a larger slice of the growing Unix market as part of its strategy of accelerating growth in
      263 words
    • Article
      Lock icon Wanted: Good homes for working PCs
      456 13 NYT ANALYSTS say there are at least 40 million personal computers in use worldwide, and millions of new PCs will be added this year. To Alex Randall, that means there are at least 40 million used computers out there that will eventually need a
      NYT  -  456 words
  • Page 13 Advertisements
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      123 13 OF SAN FRANCISCO (Level 5) I \.s The Call of the South Seas And when it beckons, just follow your heart. To Trader Vic's. Where the romantic ambience and the exotic South Sea Island setting are matched only by the splendour of its food and the uniqueness of its drinks.
      123 words
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      Page 13 Advertisements Column 2
      206 13 Don't Miss the Major EDI Conference and Exhibition in the Asia Pacific Region Singapore 18 19 July EDI EDI The New Way of Business Communications Over the next decade the Asia Pacific Rim countries will take over as the world's industrial powerhouse. EDI will be the vital link between producers
      206 words
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  • Page 14 Advertisements
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      218 14 WHERE TO WINE. DINE AND ENTERTAIN...WHERE TO WINE.PINE AND ENTERTAIN...WHERE TO WINE, DINE... FIESTA FILIPINO JULY 9 £1 AT THE TEA ROOM The exotic heritage of Filipino cuisine, an exuberant blend of Malay, Chinese, Spanish and American dishes prepared by master chefs specially flown in from The Westin Philippine Plaza,
      218 words
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      Page 14 Advertisements Column 2
      303 14 A SRMttUNG FORMATION APPEARS TONIGHT ABOT seems RQ\D bar With its spectacular glass from age. the Canopy Bar lis the ideal place to see the stars. It's aho\Singaporc's newest and must cxdusivc rendezvous The Canopy Bar. upstairs at the Hyatt 1 Business Set Lunch 1 i BBp M hHU h
      303 words
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      Page 14 Advertisements Column 3
      227 14 TAKE UP SINGING IN THE STREETS. Come karaoke with our cordless mike, choose from our latest discs. We set it all right for you the song, the tune, the mood and even our snacks. Only at the Streets. Nightly. m 1 llagw I Feast on our Chefs Specialty Fish Head
      227 words
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      Page 14 Advertisements Column 4
      298 14 g i Oyster Rockefeller, Roast Porkloin stuffed with chillies, Prawns Creole, Flapjacks, Apple Pie... the list goes on at The f -jl. Belvedere's American Buffet in July. For a true-Hue American -JL- > meal, c'mon over to The Belvedere. July 1-31, noon 2.30pm Adult $36++, Child below I<5TUB+ We serve
      298 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      382 14 TELEVISION AND RADIO Pmonciiitlv olron _???!?—II £2 Eil7£ir (L) To Kiil 1 Ulglldll lly ICI dlldKdll 7JJ Dml (Drama). DaOaalla The General starring Mike Starr and Patri- 5.55 Tafey ia Matary. c 12? !h5 cssSli ki-^. ft-00 Itagkaai Haw (M) 5.30f«, 3.25 am: Financial News fj! hS? to jjj llltpac
      382 words
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  • LIFESTYLE
    • Article
      First National Day Charity Ball
      264 15 Singapore's inaugural National Day Charity Ball kicks off this year, at Shangri-La Hotel, on Aug 11. Organised by the Eurasian Association of Singapore, the idea evolved earlier this year when the association was approached to hold a cultural event to celebrate Singapore's 25th anniversary celebrations.
      264 words
    • Article, Illustration
      Sequels to more blood and gore
      853 15  -  Inflation has hit the death toll in action movies, reports Vincent Canby Vincent Canby IN Die Hard 2, the new film that is less a sequel to than a remake of the 1988 hit Die Hard, Bruce Willis uses an icicle to stab a
      853 words
    • Article
      Lock icon Americans keen on news but not well-informed, survey shows
      842 15 NYT WHEN it comes to the news, a survey indicates that Americans are both broadly interested and quite uninformed. That almost everyone claims to be at least a moderate consumer of news was one finding of 'The American Media: Who Reads,
      NYT  -  842 words
    • Article
      Memorial stone of Liddell to be put up in China
      468 15 A TRUST run by an admirer of Scottish Olympic athlete Eric Liddell whose life was featured in the Oscarwinning film Chariots of Fire plans to send a memorial stone to northeast China in his memory. The Eric Liddell Memorial Trust
      468 words
  • Page 15 Advertisements
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      236 15 AMP ENTERTAIN Wild About Game GAME PROMOTION 16 "M v >**° r&Ci dinne to Kucm all nucis SUBJECT k TO 10* SERVICE 3P!Nr t TiJTM>' p mf "MilW CHARGE AND tIHVm «ciss We bring you the best of the hunting season roost pheasant, succulent saddle of hare and aromatic wild
      236 words
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      Page 15 Advertisements Column 2
      116 15 TPAWA Restaurant and 1 KV/llm/% Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Weekend Family Special Menu for Dinner Hainanese Chicken Rice Herbal Mutton Soup X» v >i/ A la Carte as usual <^*19y^ Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to 230pm 7.00pm to 2.00 am
      116 words
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  • SPORTS
    • SIDE LINES
      • Article
        Capriati wins pro title — at last
        99 16 Capriati wins pro title at last JENNIFER CAPRIATI now has a victory to go with her Grand Slam near-misses. The 14-year-old sensation won her '< frst pro tennis title last Sunday with a 6-3, 3-6, 6-3 victory lover Ros Fairbank in the finals of the Mount Cranmore International in Conway,
        99 words
      • Article
        Taylor takes over England team
        71 16 VILLA'S Graham Taylor was confirmed as the new manager of England last Sunday. He took over yesterday from Bobby Robson, who moves after eight years in ;the job to Dutch club PSV Eindhoven. Taylor said in I London, "I'm relieved that the waiting is over.
        71 words
      • Article
        Hatalsky birdies to victory
        84 16 (MORRIS HATALSKY birdied three of his final four holes fto overtake a struggling Scott Verplank and win the Bank ;of Boston Classic by one stroke in Sutton, Massachusetts last Sunday. Hatalsky, whose last victory came at the 1988 IKemper Open, shot a three-under-par 68 to finish
        84 words
      • Article
        NZ ski slopes under scrutiny
        85 16 |AN INTERNATIONAL SKI FEDERATION official inspected the Mount Hutt slopes in New Zealand last Sunday !to determine if conditions, hampered by a lack of snowfall, J are adequate for the opening event of the World Cup J Alpine season in two weeks. Hans Schweingruber arrived
        85 words
      • Article
        Easy win for Andretti
        74 16 ANDRETTI easily outdistanced the field last Sunday to win the Marlboro Grand Prix at the Meadow- lands. Andretti's Chevrolet-powered Lola, which started from the pole, led 105 of the 150 laps on the two-km modified dval winding around Byrne Arena, including the final 56. He earned
        74 words
      • Article
        Yachting Grand Prix planned
        109 16 AN INTERNATIONAL Formula One Class world yachting Grand Prix will begin in Scotland in August next year before sweeping across the globe with US$ 1 million prize money at stake. The first series of races, open only to identical high-tech yachts, would be held in the
        109 words
    • Article, Illustration
      Lock icon Unknown sends Cahill packing in Newport final
      254 16 AP PIETER ALDRICH, unseeded and ranked 171 st in the world, beat sixth-seeded Darren Cahill of Australia 7-6 (12-10), 1-6, 6-1 last Sunday to win the Hall of Fame tennis championship in Newport, Rhode Island. Cahill, ranked 86th in the world, appeared to
      AP  -  254 words
    • Article
      Lock icon Falcon soars to personal best in mile race
      237 16 AP FIVE YEARS AGO, after setting the world mile record of three minutes, 46.32 seconds at Oslo's Bislett Stadium, Briton Steve Cram said: "This stadium almost obliges you to perform well." Joe Falcon, America's most promising miler, did just that last Saturday,
      AP  -  237 words
    • Article
      Lock icon Prost taunts ex-McLaren teammates
      288 16 AP ALAIN PROST couldn't resist the opportunity to rub it in the face of his former teammates last Sunday. Prost had just driven his Ferrari to victory in the British Grand Prix, the first triumph for the famed Italian manufacturer in the Silverstone race since 1978.
      AP  -  288 words
    • Article, Illustration
      Charity Putt event bags $108,000
      255 16  -  By Cassandra How A TOTAL of $108,000 was raised at the Charity Putt held yesterday at the Tanah Merah Country Club. Tan Chong Sons Motor donated the sum based on the performance of the participating golfers led by Mr Ong Teng Cheong, the Second Deputy
      255 words
    • Article, Illustration
      Lock icon Spaniard wins latest Tour stage
      250 16 AP MARINO LEJARRETA of Spain broke away on his own with four km to go and won the 14th stage of the Tour de France last Sunday while Eric Breukink and Greg LeMond closed further on overall leader Claudio Chiappuoci. After several failed attacks and
      AP; AFP picture  -  250 words
    • Article
      Lock icon King wins Open as Sheehan falters
      212 16 AP BETSY KING overcame an 11-shot deficit over the final 33 holes to win her second consecutive US Women's Open last Sunday as Patty Sheehan let an eight-shot lead slip away over the final 23 holes. Rain forced a final day with 36 holes
      AP  -  212 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      150 16 Executive Style STYLE- The executives want It. It makes a statement. It sets them apart from the mainstream. It gives them that added edge in a world where impressions, like It or not, do last. You, as the purveyors of style, should know what we mean and we invite you
      150 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Widespread buying sends market higher
      4499 17  -  By Magdalene Ng SHARES IN SINGAPORE surged from the outset yesterday, rising to close near the day's highs on sustained buying support in active trading. Prices were firmer across the board with gainers greatly outnumbering losers. Brokers said buying interest was widespread among institutions and
      4,499 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3906 18 Main Board GE Life 1380 30 2.2% SPH Foreign 1170 30 2.6* Metro Hldgs 565 25 +4.6% UOB Foreign 745 20 2.8% 1CB 560 20 3.7% JPMHIdp 288 +18 +6.7% CAC 482 +16 +3.4% Kcfpd Cocpn 800 +15 +1.9% FELS 50* 765 +15 +2.0% B
    3,906 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market soars on strong buying interest
      3713 19 Bernama, MBT STRONG BUYING interest sent prices soaring on the Kuala Lumpur Stock Exchange yesterday with market indices closing at record highs. The KLSE Composite Index rose 13.82 points or 2.44 per cent to 630.52, surpassing the previous high of 622.20 recorded on Feb
      Bernama,; MBT  -  3,713 words
  • Page 19 Advertisements
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      638 19 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT RIGHTS ISSUE OF 33.653.949 ADDITIONAL ORDINARY SHARES OF $1.00 EACH ("RIGHTS SHARES") AND 33,653,949 WARRANTS ("WARRANTS -95"), EACH SUCH WARRANT ENTITLING ITS HOLDER TO SUBSCRIBE FOR ONE (1) ORDINARY SHARE OF $1.00. ON THE BASIS OF SIX (6) NEW
      638 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      243 20 w .g»MM»y Data Yaar Snap Nat M«t earnings Crass ,fr, ann to proflt/toss (L) par slur* dividend (*000) (caats) S vrt Sembawng Jul 5 Mar 90 $13.454($6,793) 56.1 (28.3a) 35n(15a) f Metro Hdgs Jul 4 Mar 90 {8.006(110.219) 146(l8.7a) 4(2 7a) ifettNnaiuM Jul 4 Mar 90 M$105,988($98.362) 37.1(34.5)
      243 words
    • Article
      DIVIDENDS ANNOUNCED
      660 20 Current Ex Books Data Total for Total for payment dato close payable the year last year Not rtdgs 6% Aug 28 Sep 7 Sep 26 6% 6% MfP NYA Jun 20 Jul 5 Aug 15 NYA 129sen Asa Paafc 15.4% (I) Jul 4 Jul 16 Jul 20 154%
      660 words
    • Article
      RESULTS DUE
      786 20 Singapore Stocks Last Full Year Canary *nod Oiti Tea Net EPS Gross Net announced endtog (cents) 4» profit last ft* (SHOO) Leo* Hut Intcnm Mar 30 Oec 89 5351(h) EMS Interim Apr 26 Jul 90 93(a) 23TE(i) 4.747 Tat let Franca Fid Jun 1 Dec 89 12 3
      786 words
    • Article
      PRELIMINARY RESULTS
      211 20 Ciwmh Dat* V#»r Group pro-tax Not Minings Gross ,1 mr to profit/toss (L) per shore dividend ri-v (*000) (cents) -'jetw M 5 Mar 90 S32.090p($19.078) 48 5(39.1) 14(10) AlnHMp Jun 29 Mar 90 $1,786(11.672) 5 4(56) 6(6) Sun Hup Jun 29 Mar 90 $17,429($15,638j) 9.2(96) 10TE(NA) JlkaKxk Jun
      211 words
    • Article
      INTERIM RESULTS
      144 20 «<wep*y Date Half-year Group pre-tax Interim aim to profit/less (L) dividend ('000) Jnto HWgs tun 29 Mar 90 MS3.237L($2.236L) vjfccific Can Jun 29 Mar 90 *681 -<—) Amanda Hk* Jun 28 Mar 90 M$4,997($5.120) CASH iun 26 Feb 90 MJ669t($500t) Ma Pacific Jun 22 Mar 90 $48,108(151.412) 15.4(12.3)
      144 words
    • Article
      BONDS, LOANS & WARRANTS
      638 20 BONDS, LOANS WARRANTS CIC Nt Mon 28/4/93 1 warrant pto $3.09 call CauMway Law C—Iy m 2/10/89 to 20/10/94 1 warrant pto <1 cart or 1 —ft pto $1 x*Tnnj( tmomi of ton atad Qmm Nt Mm* V to 31/12/91 1.55 wanants pto SL55 cart. Ctaai Hm Nt94 1/8/89 to
      638 words
    • Article
      CORPORATE DEVELOPMENTS
      336 20 14 Town Corporation (JTC) has formed a private limited company in its move privatisation. The company, Technology Parks Pte Ltd, will take over its primary function of managing and developing industrial property. Jyil. industrial Leasing is expected to announce its public offer of about 25m shares at rS.4O
      336 words
    • Article
      APPROVED ISSUES
      297 20 Company Rights Issue KB Conn One-tor-Orat <& MJ1 60 per share *****1m 1% Convertible Unsecured Loan Stock of M$100 nominal value to be issued on the basis of 1 CULS tor every shares held Ex-date Jun 6 Books dose: tun 20 Acceptance Payment Aug 6 1Mb Mm (KK)
      297 words
    • Article
      PROPOSED ISSUES
      514 20 Company Rights Issue Cm—11 krv Capital reduction scheme to reduce par value ot shares from SI 00 to $060 Rights issue ot 3 2 (o* $0 60 pet share C»M One tor one <n. M$4 00 per share Every tour rights shares would be issued with one ISR
      514 words
    • Article
      RECORD HIGHS & LOWS
      150 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 1435 43 (16/7/90) 1* 1607.12 (27/3/90) 1990 km: 1254.18 (2/5/90) »0£. X2 J?{522 19S9 Nch: 1322.00 (28/12/89) *9 J8776 <26/12/89 1989 to«r 917 42 (4/1/89) 1*9 to* 1030.69 (4/1/99) 1988 N* 1043 86 8/8/88) 1*8 *****7 (8/8/88) 1988 Sr 737.83
      150 words
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      Page 20 Advertisements Column 1
      141 20 i I, BT SURVEYS Looking Wider, Thinking Deeper I Some subjects are of such Interest to our readers that they demand more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and u*ken the necessary steps.
      141 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Optimism in the market firms prices
      2276 21 Reuter TOKYO stock prices closed higher yesterday on buying spurred by overall optimism in the absence of any major negative factors. Buying centred on high-tech, blue chip electricals, while shipbuilders advanced on news of increased orders from the Middle East. The key 225-share Nikkei
      Reuter  -  2,276 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Profit-taking sends market lower
      2484 21 SHARE prices on the local stock exchange dropped on profit-taking with the Hang Seng Index losing 18.31 points to 3,488.85 yesterday after last week's steady rise. Turnover also dropped to HKS2.SI billion (US$322 million), against Friday's HK52.59 billion (US$332 million). The market opened firm at first
      2,484 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks end firmer on late rally
      • Article
        Untitled
        331 22 la local wit) la SI la US8 fay year day year day yaw Jaly 13 Mb cfcaat dajag cha—» efca—t d—t da—» World 435.8 0.6 -6.3 0.9 -9.8 1.0 -5.6 iEAFE 604.3 0.5 -11.3 1.2 -14.0 1.3 -10.0 Europe 456.7 0.3 1.3 1.2 4.0 1.3 8.8 Pacific 1028.7 0.6 -18.8
        331 words
      • Article
        Untitled
        87 22 Close PliHwi Jatf 16 SYDNEY All Ordinaries Index 1,607.1 1,598.1 +9.0 All Industrials Index 2,499.2 2,503.6 -4.4 AU Resources Index 926.1 909.1 +17 Turnover (million) 17.27 186.78 -99.51 BANGKOK SET Index 1054.84 1,053.5 +1.34 Turnover (nearest *000) NA NA JAKARTA Composite Index 630.73 630.02 +0.71 Turnover (nearest XWO) 18,000 NA
        87 words
      • Article
        AUSTRALIA
        1118 22 •H# TttE AUSTRALIAN sharemarket finished firmer yesterday despite heavy •eiling of stocks associated with Adateam and light profit-taking in other major stocks in the morning session, said. One broker said the market had been "all over the shop" and "patchy" until Buyers reasserted themselves late in the <&y. The
        1,118 words
      • Article
        BANGKOK
        645 22 THAI stocks closed mixed in thin trading with late profit-taking paring moderate gains led by the bank sector, brokers said. They estimated the composite SET Index finished 1.25 points higher at 1054.84. Most banks closed higher. Siam Cement rose 120 baht to 6,586, Padaeng Industry 24 to 1,524 and
        645 words
      • Article
        MANILA
        535 22 PHILIPPINES shares closed mostly higher in moderate trade as investors positioned themselves in selected issues in anticipation of a rebound, brokers said. The Manila Stock Exchange composite index rose 7.33 points to close at 891.50. The combined volume at the two bourses fell to 358.84 million shares from Friday's
        535 words
      • Article
        SEOUL
        758 22 SEOUL stocks closed at its lowest level so far this year as investors either stayed on the sidelines or dumped stocks across the board, brokers said. The composite index closed at 683.01, down 6.18 points from the previous session. Turnover was 67 billion won against 71.6 billion on Saturday's
        758 words
      • Article
        TAIPEI
        363 22 TAIWAN share prices closed lower in thin trading with jittery investors reluctant to buy because of reports that more brokers are in financial trouble, dealers said. The weighted index lost 103.32 points, or 2.1 per cent, to end at 4,709.75 against Saturday's 4,813.07 finish. Turnover fell to NT532.9 billion
        363 words
      • Article
        NEW ZEALAND
        345 22 NEW ZEALAND shares closed moderately higher despite the kiwi dollar firming against the Australian unit and 4 consumer inflation being slightly above > expectations in the June quarter. "That was a reasonably good perfor-; mance today," said Dave Tetro of Ord O'Connor Grieve. Brokers see consolidation this week.
        345 words
      • Article
        Lock icon JAKARTA
        583 22 Reuter PULP and paper maker PT Indah Kiat listed US$336 million of shares, the big-' gcst issue ever on the Jakarta exchange, the market out of its doldrums. Indah Kiat shares closed at 11,200 rupiah on the regular board, up 600 on their issue price, trading 1.8 million shares
        Reuter  -  583 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon No scope for easing NZ monetary policy, says bank governor
      342 23 Reuter RESERVE Bank of New Zealand governor Don Brash said there was no scope for an easing in monetary policy, but he had no plans of tightening it after news of a 1.8 per cent CPI increase in the three
      Reuter  -  342 words
    • Article
      Lock icon G-7 sees no exchange rate problem
      109 23 Reuter FINANCE ministers attending the Group of Seven economic summit in Houston saw no particular problem with exchange rates, Japanese Finance Minister Ryutaro Hashimoto said. Mr Hashimoto, speaking at a press conference after returning from the United States, said, "No countries raised any particular
      Reuter  -  109 words
    • Article
      Greenback rises sharply in London despite easing of US monetary policy
      597 23 FOREX MARKET REPORTS THE US dollar yesterday rose sharply in early London trading despite the easing of US monetary policy, with the greenback going above 1.65 marks and 148 yen. Some dealers said the US dollar's recovery was a
      597 words
    • Article
      INTERBANK FOREX RATES
      387 23 Cross rates mtm I US$ S$ MS Dm Yen SFr AS NZS USS 1.8180 2.7065 1.6575 148.15 0.5579 1.4070 1.2812 1.7007 '<SS 0.5501 1.4887 0.9117 0.8149 0.3069 0.7739 0.7047 0.9355 •MS 0.3695 67.17 0.6124 0.5474 0.2061 0.5199 0.4734 0.6284 I Dm 0.6033 1.0968 1.6329 89.38 0.3366 0.8489
      387 words
    • Article
      MONEY MARKET
      570 23 Interbank rates «4 S§ Bid Offer Overnight 5 1/4 5 1/2 J-month 7 1/4 7 3/8 2-month 7 5/16 7 7/16 "3-month 7 5/16 7 7/16 mode: 5-1/2 v.US$ gy Offer 7 days 8 3/16 8 1/16 1 month 8 3/16 8 1/16 2 months 8 3/16 8
      570 words
    • Article
      Yen expected to rise against Sing$
      306 23  -  By Quak Hiang Whai THE JAPANESE yen is expected to appreciate against the Singapore currency by the end of this year, bringing with it more Japanese investments and imports, together with over 900,000 Japanese tourists in 1990. In its latest economic report entitled, "Outlook
      306 words
    • Article
      FINANCIAL FUTURES
      1570 23 SI MEX Open High Low Sett E* Vol Op/Int Vol Sep 90 91.95 91.96 91.93 91.94 5323 ***** ***** Dec 90 91.98 91.91 91.94 91.95 5670 9253 ***** Ma r 91 91.91 9I.93B 91.90 91.91 1038 2934 2405 Jun 91 91.74 91.74 91.72 91.73 405 786 380 Sep
      1,570 words
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  • COMMODITIES
    • Article
      Lock icon Opec chief sees consensus on oil above US$18
      417 24 Reuter OPEC President Sadek Boussena of Algeria said a consensus had emerged within the Organisation of Petroleum Exporting Countries to achieve world oil prices above the current minimum of US$lB a barrel. Mr Boussena said Opec would set an oil output ceiling
      Reuter  -  417 words
    • Article
      Lock icon China oil imports surge as exports dip
      215 24 Reuter CHINA'S imports of crude oil more than doubled in the first half of this year over the same period a year ago, while exports fell slightly, official figures show. Foreign diplomats said the figures spotlighted the waning fortunes of China's oil industry.
      Reuter  -  215 words
    • Article
      Lock icon Tin has lost its shine: minister
      110 24 AFP INDONESIAN Mines and Energy Minister Ginanjar Kartasasmita said the current tin price of US$6,OOO a tonne could only improve to around U556,500 a tonne in the long term. "The tin market will never experience its golden days again, such as when prices reached
      AFP  -  110 words
    • Article
      Tin drops to M 516.03 on KL Tin Market
      846 24 REPORTS THE price of tin slipped 17 sen to MS 16.03 per kg on the Kuala Lumpur Tin Market (KLTM) on selling reserve and poor overseas advices. The lower London Metal Exchange (LME) where three-month tin came off US$BO to U556,155
      846 words
    • Article
      PRICES
      1315 24 Rubber juiy 16 «U(hHnHt») S com/kg Noon Clot Inl I RSS Prompt I54.50/I55.50N I54.00/155.00N Int I RSS Aug 90 155.5<V1 155.00/155 50N Int 1 RSS Sep 156.00/1 56.50 155 50/156.00N Int 2 RSS OP 153.50/155.50N I53.00/I55 00N Int 3 RSS OP 149.00/151 OON 148.50/1 SO. 50N Int 4 RSS
      1,315 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      590 24 NOTICE m COMPANIES ACT (CHARES M) AMD WQUBPBUUaARANS TRADING PTE. LTD. (hllt|lH(li h «M» I IB «lfc«l|IM) wmnf VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at 336 Smith Street #06-304 New Bridge Centre, Singapore 0106 on the 16th day
      590 words
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      Page 24 Advertisements Column 2
      93 24 AVai l^Th« tßookSho^ lIMDOIMESIA TRAVEL GUIDES BALI Island Of The Gods Fresh, in-depth look into the island, its ritual and art alongside the most complete information available on where to stay, what to see and how to get around. $29.90 NEW GUINEA Irian Jaya This first comprehensive guide to Irian
      93 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1062 25 CMy FlgM ETA n*t no C*y FI«M Elk n*t ETO Ma DfcaM GA893 1045 GA892 GA886 GA974 0010 0010 2359 Ma —Mi MH631 KMU L—»T MH640 MH630 SQ103 MH605 1530 0610 0930 0950 1020 MH630 SQ102 MH604 SQ104 1020 0730 0700 0630 MalaMa SQ226 1222 QF82
    1,062 words
  • THE TRAVEL PAGE
    • Article, Illustration
      An adventurous hiker's paradise
      728 25  -  LETTER FROM BRAZIL By Stephen Powell FOR a good view of Brazil's highest waterfall, lie flat on your stomach and ease your way along a rock that juts out over a dizzying 400-metre drop. Glass Falls come into view as a misty veil of water against
      728 words
    • Article
      MONEY CHANGER RATES
      152 25 As at Sum vesterdav* Local dollsn to oae unit of foreign currency Currencies Bid Offer Australian dollar 1.4160 1.4360 Canadian dollar 1.350 1.5700 NZ dollar 1.056 1.0860 Sterling pound 3.235 3.265 US dollar 1.8140 1.8240 Local dollars to 100 nto of foreifR cvrreacy Austrian schilling 15.30 16.30
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      95 25 Duration Title Venue Organiser Td July 24 How To Profit From Hyatt AIC 03-*****43 25 The Co« Control Aryaduu Conference Revolution Ho>d .Jakarta July 30Property Financing Jakarta AIC *****98 31 Hilton Conference July 30New Trends In The Hilton Hotel AIC 03-*****43 31 Hotel A Resort KJL Conference
      95 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      10 25 wV V A.„ 'J? BOSTON ■I: I 1 Air Canada
      10 words
    • Advertisement
      Page 25 Advertisements Column 2
      89 25 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS h Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      262 25 1 Picture of the French copy 5 Outlines the changeover in 9 A woman put inside —-Lm|— LmJ——LmJ——yy— mm— 19 Sound axiom for retaining I 1 1 I I I I I I I I I a good man (6) 11 Having eaten, try making an appeal (8) f 1
      262 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      210 25 Singapore Outlook: Cloudy with occasional •bowers la the moral ng sad early Maxtemp. 30.8* C Assoc humidity 75% Min temp. 25.3"C Assoc humidity 93% Hrs of wnshine 3.30 Rainfall in mm 0.5 Rainfall this mth. 52.9 Rainy days this mth. 6 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 14/09 Showers Bangkok
      210 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      31 25 L.la.VMiaraglß /POT IT down i said. rvMAnl **■> Rc*use,i SoPfloSg |p.)T N/OOR ffeU DOU3M> > V>)PNT TO mix TO VI JF Ut CRRRy ON UKfe 1) VNOJ J UCU-FIND O\jtV Mgg W MtUT...,
      31 words
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  • Article
    Spreading growth vital to our security: BG Lee
    322 26  -  By Schutz Lee SPREADING economic growth throughout the region is an important strategy for Singapore's economic security, said the Trade and Industry Minister yesterday. Brigadier-General (Res) Lee Hsien Loong pointed out that such a strategy would broaden the Republic's economic base and
    322 words
  • Article
    Bullish outlook for Indon textiles
    353 26 Official sees exports hitting USssb by 1994 INDONESIA'S DirectorGeneral for Light Industries, Susanto Sahardjo, has projected his country's annual exports of textiles and garments to reach US$5 billion in 1994, compared with about US$2 billion last year. He told a meeting of the Indonesian Spinners
    353 words
  • Article, Illustration
    Lock icon Ivory trouble for Hongkong
    61 26 AFP picture A merchant displays an elephant tusk worth US$l,BOO at an ivory carving factory in Hongkong. Once carved, the piece can fetch around US$4,OOO. Today marks the end of a six-month exemption period for Hongkong from a worldwide ban on the ivory trade. The move
    AFP picture  -  61 words
  • Article
    Lock icon Japanese deputy minister to brief Beijing on G-7 summit
    182 26 AP JAPANESE Deputy Foreign Minister Hisashi Owada arrived in Beijing yesterday to brief Chinese leaders on the recent G-7 economic summit. Mr Owada is the highestranking Japanese official to visit China since the Tiananmen incident last year. However, Japanese embassy spokesman
    AP  -  182 words
  • Article
    Lock icon US sees great importance in Shev-Baker talks
    309 26 AFP US SECRETARY of State James Baker left Washington for Paris yesterday for German unification talks and his first meeting with his Soviet counterpart Eduard Shevardnadze since Nato made important overtures to Moscow. Mr Baker is to take part today in the third
    AFP  -  309 words
  • Article
    Lock icon US deficit estimate raises fears of big spending cuts
    292 26 Reuter THE WHITE HOUSE yesterday estimated that the 1991 US deficit will be US$l69 billion, a figure that could set off huge spending cuts in October unless budget negotiators reach an agreement. The figure is far higher than the US$lOO.5 billion
    Reuter  -  292 words
  • Article, Illustration
    Policy on 'foreign' shares needs to be reviewed
    787 26  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is BT's Editor LOCAL publicly-listed companies need to rethink their approach to foreign shareholdings. They should ask themselves whether any existing restrictions are absolutely necessary in the first place and, if so, present
    787 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      39 26 PligeT JQAILUER EN HORLOGERIE OEPUISIB74 GENEVE EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! Complete facilities telex, fax copier word processing, secretarial services, conference room, answering service long snort term lease you name it!
      39 words
    • Advertisement
      Page 26 Advertisements Column 2
      102 26 Piagel JCMIUJERENHORLOGERIEDEPUISm GENEVE US budget negotiators face daunting task, Pg 8 J* M 1 I X g a aß&i J %yr 1 tH Hell K* y MEETING YOUR DRINKING WATER REQUIREMENTS:- ON YOUR LEISURE BOATS FISHING BOATS J WORK BOATS TUGS, ETC BY CONVERTING SEA WATER INTO FRESH WATER Super
      102 words
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  • Shipping Times
    • Article, Illustration
      Singmarine buys 49.9pc of Orient Charters
      469 27  -  By Rhita Elias SINGMARINE Industries has further expanded into the marine leisure business with the acquisition of a cruise chartering company, Orient Charters. The Keppel Corp subsidiary has made an initial purchase of a 49.93 per cent stake in Orient Charters for about $700,000.
      469 words
    • Article
      Thai firm to invest 100b baht in marina
      221 27 A THAI company plans to invest 100 billion baht in a marina where it will assemble yachts. Internation Yachts Co managing director Thammarach Niranrat told the Bangkok Post that half the investment budget would be spent on building the marina on 10
      221 words
    • Article
      Korean Air service to Vietnam may resume
      153 27 THREE OFFICIALS of Korean Air, the South Korean flagship carrier, left for Vietnam on Sunday to negotiate restarting air service between the countries, company officials said. KAL discontinued flights to Vietnam in 1975 when Saigon fell to communist forces at the end of
      153 words
    • Article
      Lock icon Talks on to establish China-S Korea ferry service
      228 27 AFP A GROUP of Chinese officials began negotiations in Seoul yesterday with private South Korean shipping firms on establishing a ferry service linking the two former enemies across the Yellow Sea, officials said. The 11 Chinese officials were sent by the Shandong
      AFP  -  228 words
    • Article
      Late delivery of MD-11's affecting THAI operations
      320 27 THAILAND'S national flag carrier Thai Airways International has complained that late delivery of four passenger aircraft by US-based McDonnell Douglas was causing them to lose money. The failure to deliver on time and a further postponement of delivery will seriously affect THAI's operations
      320 words
    • Article
      Lock icon OOCL to adopt new management structure
      150 27 Seatrade Week THE ORIENT Overseas Container Line (OOCL) is restructuring its management. The new structure is expected to be in place in two to three months. It will group all liner services under one marketing and sales division, based at corporate headquarters in Hongkong.
      Seatrade Week  -  150 words
    • Article
      MOL enters tie-up with Malaysian agency
      400 27  -  By Othman Abu Bakar TOKYO-BASED Mitsui OSK Lines, taking advantage of the shipping boom in Malaysia this decade and next, has set up a joint-venture company with Malaysia Shipping Agencies (MSA). The new company, called Mitsui OSK (M), has a paidup capital of M
      400 words
    • Article
      PSA chassis yard for hauliers
      311 27  -  By Dexter Lee ANTICIPATING continued growth in container traffic, the Port of Singapore Authority (PSA) has contracted a local construction firm to build a holding area for truck chassis complete with gate facilities. The new holding area, at the junction of Keppel Road and Kampong
      311 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        MOL pays US$13m for Dutch firm
        123 28 MITSUI OSK Lines (MOL) of Japan has bought Wassing, a Dutch trucking, warehousing and freight forwarding firm in Tilbuig, for about US$l3.3 million. MOL has set up a Dutch holding company, MO Logistics Netherlands, which bought shares in and the real estate of Wassing,
        123 words
      • Article
        Hanjin shifts headquarters
        73 28 SOUTH KOREAN line Hanjin Shipping is moving its European shipping headquarters from London to Hamburg from Dec 1. The EC single market and an anticipated surge in cargo movements from Eastern Europe lie behind the carrier's move. Rotterdam will become a hub for improved intermodal service for
        73 words
      • Article
        NZI sets up marine unit in HK
        99 28 THE NEW ZEALAND Insurance Group has formed a marine insurance unit in Hongkong in anticipation of more cargo insurance business. The new unit will provide comprehensive marine cover on a regional basis for NZI group clients. Its services include cost-effective accounts management and
        99 words
      • Article
        Drugs seized from Viet boat
        69 28 HONGKONG customs officers have detained 24 Vietnamese crew members after finding cannabis and opium hidden in their ship's engine room, a government statement said on Saturday. A search team found about 24 kg of cannabis and five kg of opium aboard the vessel, Long An
        69 words
      • Article
        Taiwanese carrier signs deal
        85 28 TAIWANESE carrier Uniglory Marine has signed a letter of intent with Kan da Zosen to build five 1,000 TEU containership newbuildings for delivery between 1992 and 1993. The vessels will boost Evergreen affiliate's intra-Asian services. The company now operates 18 containerships, ranging from 800 TEU to
        85 words
      • Article
        Viking shipyard discovered
        46 28 A UNIQUE Viking shipyard unearthed in the south of Denmark is giving archaeologists new insights into boatbuilding techniques of 1,000 years ago. Excavations started in 1982. Archaeologists have since uncovered the biggest Viking shipyard ever found in Scandinavia over a 150-hectare marsh area.
        46 words
    • Article, Illustration
      Lock icon Aircraft leasing lures trading houses
      1083 28  -  The sogososhas, with their worldwide connections, are getting into aircraft leasing in a big way, with the support of Japan's Export-Import Bank. Kyoko Itoh reports Kyoko Itoh Japan Economic Journal MAJOR Japanese trading houses are more actively dealing in what has become a rare and
      Japan Economic Journal  -  1,083 words
    • Article
      TRANSPORT DIARY
      1004 28 May 24-Jiily 26: International freight Forwarding L, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road. #13-314 The Plaza, tel no: *****5 (for members only). July 9-20: Management Operations of a Breakbulk Terminal course organised by Singapore Port Institute (SPI). For more details
      1,004 words
    • Article
      THE SHIPPING GUIDE
      12485 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 lates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,485 words
    • Article
      SHIPPING AGENTS
      3299 41 A. Caataiasrilac NV: Bdsin Shpg Aaencks Pte Ltd (SyMarine Handling Sii Bhd (PK/PN). Accard Shpg; Accord Shpg Pte Ltd (Sy Accord Coatr Line (M) Sdn Bhd (PKVAccord Coatr Une (PG) Sdn Bhd (PN). Adtate Bill PhlMpplae Cabource Shpg A Trdg Pte Ltd (S) Liaer Service Kim Shpg A
      3,299 words
    • Article
      COURIER SERVICES
      223 41 Ahacaa Conriers Tefc 545-8011, 444-6415. Air Expreae Service Td: 533-5771. Fix: *****44. \iroonc rmgni i orporiiKMi Tel; 542-8844. Fax; *****16, *****80. City-Llak lateraatioad Tel: 344-3377. Fax; *****50. Claater Liak Sappliea A Serricee Td: 296-5720. DHL laternatioaal Td: 344-891l.Fax: *****61. DPE Courier Tel: 284-6611 (7 lines). Fax: *****88. Ewry
      223 words
    • Article
      AIR FORWARDERS
      1359 41 Ahex Exprcaa Freight Tefc 542-7171. Fax: *****84. Actiaic Forwarder Tefc 225-1833. Fax: *****42. Adhak Shmore Tefc 542-7822. Fax: *****20. AeraHak KG FrdglM lateraadoaal Tefc 545-5992. Tefc's42-5911. Fax: *****18. Ah Cargo No*o Exprcaa Tefc 542-5454. Fax: *****06. Ah Exprcaa Ami Td: 542-7666. Fax: *****74, *****50. Air Market Expreas Tefc
      1,359 words
    • Article
      PORT CONDITIONS
      1883 42 ARGENTINA No report received. AUSTRALIA Sooth Aastraiia-Port Adelaide; One vessel in port discharging motor vehicks/ckd packs. Wallaroo: One vessel in port loading bulk barley. Pott Giles: One vessel in port loading bulk barley. Weston AastraHa-Albaay No vessels. It—bai: No vessels berthed/waiting; 3 alumina, 1 woodchip, I mineral sand
      1,883 words
    • Article
      AIR FREIGHT SCHEDULE
      524 42 ARRIVALS DEPARTURES Of Flight Tyyc ETA Fraa Of FHgkt !>»• FTP T> TODAY TOOAY KAL KE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL6I7 B747F 0345 TYO ORD/LCK/ CLX CV7972 B747F 2115 LUX/DXB/KUL BOS SIA SQ802 B747F 0230 SYtVAKL
      524 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      732 42 SHIP SALES TANKER RATES R euter, AFP NORWEGIAN-REGISTERED Mega Borg, which was involved in a huge pollution incident after an explosion of the United States coast, has been sold to ship scrap specialists. The price for the 1975-buih ship is said to be just under US$2.5 million. Market sources that
      Reuter,; AFP  -  732 words
    • Article
      CRUISE & FERRY SCHEDULES
      343 42 CRUISE FERRY SCHEDULES CRUISE SNIPS An Dip Stmt «f Vtml ETA ETP Part A|—t PtrfCMi AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-Fremantle-Jakarta-Kobe 30 31 Andaman Princess 1500 1700 Andaman Craiae Cruise to nowhere 01 01 Andaman Princess 1300 1900 Andaman Cruise Sin-Bangkok 07 07 Ocean Pearl
      343 words
    • SHIPS IN PORT
      • Article
        DAILY FREIGHTS
        930 43 CHARTERING on the freight market on Friday saw a further rate advance for grain from the US Gulf to Japan while most other sectors were neglected, brokers said. A rate of U5517.50/US$lB was secured for end July/early August shipment against USSI7/U5517.30 paid on Thursday for early/mid August. The
        930 words
      • Article
        AT CONVENTIONAL WHARVES
        562 43 IteppdWIi Ms Strength arm 12Ae K33 atongsrie 16.07/1800 Continent 1 6/90 K29 alongside 18.07/2300 K Jnptreen 43 F90 COS alongside 16.07/2359 Kota Petang 34/90 K31 alongside 17.07/2300 ftonghuashan 5 K32 alongside 17.07/0600 Strata 27/28 C10 alongside 17.07/1800 S*v HwU 34A K34 atongsiie 23.07/0600 Tarsfcan 2/32 K18 alongside
        562 words
      • Article
        CONTAINER SCHEDULE
        1070 43 RECEIVING OF EXPORT ftt CONTAINERS AND LCI CARGO Record Boofch(/Baiance Mb 9# Voy No Period From To From P of DbcM Space Aa Dosy 1A 2 16/1700 17/0659 17/0900 3 fence Lied 4 17/1200 17/1459 17/1700 Aa Me 4A 3 17/0700 17/1159 17/1400 4 17/1200 17/1459 17/1700 AJ
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      • Article
        IN MALAYSIAN PORTS
        326 43 NttWwt Smli Port an My 16: Bum k berth 1; Continental Carrier berth 3; Sri Nam Hua 4 berth 7; Swee Long Satu berth 7A. KCT: Thana Bhum berth 8; St Lows berth 9; Ever Growth berth 10. North Port: Dagohoy berth 11; General Jacinto berth 12;
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      UK-Italian group gets big contract to build platform
      337 44 A CONSORTIUM from Britain and Italy has won the offshore industry's biggest ever single contract in a £450 million (US$Bl7 million) deal with Agip to build the UK North Sea's Tiffany field platform, says Lloyd's List. UK-based Press Offshore and Matthew Hall,
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      Lock icon Saudis to bar diseased Aussie sheep
      162 44 AFP SAUDI ARABIA will close its borders to a live sheep shipment from Australia that had been rejected by Bahrain because some of the 21,000 animals were diseased, a government spokesman said in Riyadh last Sunday. He said the decision was made following a
      AFP  -  162 words
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      Lock icon NTT admits overcharging customers by US$32m
      221 44 Asahi JAPAN'S telecommunications giant Nippon Telegraph and Telephone Corp (N i l has admitted overcharging about 470,000 subscribers a total of 4.8 billion yen (US$32 million) over the past five years because of carelessness. NTT said the mistakes made in 198S when the company
      Asahi  -  221 words
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      Lock icon Airbus keeps mum on reported improvement
      152 44 Reuter AIRBUS INDUSTRIE has declined to comment on a French press report that the European consortium sharply cut its losses last year, saying only that it expects to break even sooner than originally forecast. Quoting industry sources, La Tribune de L Expansion said last
      Reuter  -  152 words
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      The route to future success for express firms
      590 44  -  LINES By Malcolm Rees The writer is general manager of DHL International, Singapore THE INTERNATIONAL desk-to-desk delivery service of documents and parcels, pioneered by air express companies, has changed the way the world works in a very dramatic way. American visionary Marshall
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      217 27 SWE HBK METM CO PTE LTD 13 TUAS AVE 14, SINGAPORE 22*1 TELEX P» 20*71 SHMC*I 1 TEL: Ml 5*55 (SNnM( TELEFAX: »1 2*M ft4ran«as^ buy. art. wM BWTTSH DESIGN itNOVATIOH OEWMAN OOAUTY ENGMEEMNG SINGAPORE BUSINESS/PARFUM MONTANA SUBSCRIPTION PROMOTION WE'LL DELIVER TO YOUR HOME OR OEFICE AT NO EXTRA COST!
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      50 27 A* Forwarders 15 Mr FragM Schedule 16 Contamr Schedule 17 Corner Services 15 Cnnt Firry schedules IS (My Fratf* 17 Mei to Adwrteerc 3 Port Comttom 16 am*** 15 Shppng Gwde 10,11 Shpsales/Tanker Rates 16 Shp m Port 17 Singapore Tries 17 Transport Dory 2 Weather and Sea Conteow 17
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      84 28 could be a controversial deal between two stock market stars, a thought-provoking report by university if J researchers on the latest trans-European FOCUS zooms in on the news and <«- issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of
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      1871 29 tlllf# 200 CMtOMMnt Road #12-06 Soumpont, Sinppor* 0201 Ml If/ T aiaon telex no rs mm ■VffVRAVI TERMINALS Td *****11 220 rmSl BOOKINGS Tal *****34 23$ L VNf M PCSAKA JAR DINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: 30(111 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS
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      Page 29 Advertisements Column 2
      994 29 INDEX Pace Col Pafle Col f I Maooline 18 2/3 !>••<• «Maersk Line 3 4/5 ABC ConUineriine 13 5 aMISC 14 1-3 Accord Shpg 8 1-3 o M'ua Shp» Corp 9 1/2 Albatroa Sea-Air 14 5 Mendelssohn 5 1/2 APC Line 14 4 aMOL 18 1/2 •APL 5 3-5 a
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      Page 29 Advertisements Column 3
      2109 29 Mml Voy ETA ETO 'Port 'Pmng I Singapore Kalang DESTINATIONS 1 TK» week WV9>M» M tux CtoMng Tim r—dm fc. WBWillWWiiWl 24/T 0400 Mm M Fareo a OT-»7 2»HW U Tauro OAK LQB MOU MEM ATI MIA CHB lAL PHL NVC MON TOU MAHQfIETHE M 9000 24/7 2V7 I»T7 121/7
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      1103 30 I I I ITI ROTTERDAM/ VOY NO S PORE P. KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CARO4QAN SAY 90/963 10/7 13/8 7/8 9/8 8/8 12/8 CITY OF EDINBURGH 90/587 24/7 8/8 12/8 15/8 KURAMA 06/586 2«/7 20/8 15/8 17/8 13/8 19/8 TOKIO EXPRESS 94/569 31/7 17/8 19/8 22/8 KATSURAGI
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      Page 30 Advertisements Column 2
      515 30 SIN NOU SUV PPT BANGLAR MOOKH 17/7 31/7 7/8 IRINI 27/7 9/8 12/8 18 8 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO, APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN 100 ANF VAP BANGLAR MOOKH 17/7 23 8 24/8 28/8 IRINI 27/7 31/8 1/9 5/9 Alio KCQtt— Ct*w» C«<>M
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      Page 30 Advertisements Column 3
      1215 30 ra nBMIi 3LMMM REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL VOY SIN ALG BCL FEL ROT ANT HAM BRE LMA (VIA (VIA (VIA ALG) ROT) HAM) ARABIAN SEA 9020-3 20/07 10/08 12/08 15/06 18/08 20-06 19/01 21/06 22/01 NORASIA SHARJAH 9021-3 27-07 17/08 19/06 22/06 24/06 27/06 28/06
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      1591 31 SjjjjSteamers Maritime Holdings Ltd Iff Containers '■mm—— P-Klaog Tfn S'tan H'kurg B'hauan Mm Lok ACCEPTS DUC SAILS CARMCANBAY fm T.BHU-1«7 W Ml 12* cm or eomburg «r» +can-m*7 am mm am am U1 -T™ HH/Mft mffm ALA-22/7 mm 2MI MM MM 13M IMB WNTANC URIA VI3E Bint, Nrl, KB Daily
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      Page 31 Advertisements Column 2
      1522 31 TO: EUROPE TQ; FAR EAST SP LN ROM HAH B'HVN FIX SPORE HK KAO KM Ml HAMJIN FELIXSTOWE MOW W W 1M 12* 13/1 CHOYAHC SUCCESS MK 3*7 2* J* I* CHOYANC PARK NOW 20/7 I* li* 17* I* HANJIN HAMBURG OUE i* 10* 13* tt* HANJIN OAKLAND 009* W
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      376 31 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION ASEAN ASIAN AMBAUKA TRADER TRADER CUPPER f VOY. NO 10 a 125 57 S port In Pt a/7 23/7 2S/7 P. Kelang 23/7 V 8(7 Ponang 21/7 Hong Kong Yokohama 12/0 Nagoya 10/0 up Osaka W 8/1 Sanboku S/S Kashinu llnrhiminh for Discharging
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      548 32 J- L. i"' -t- CR Nan **********0-0 EXPRESS SEM-CtNTAINERS HIP SERVICE VSUVOY S PO«E It'DAM/ H'BURG BREMEN ANTWERP ADAM SKWUAYA/aWB 19-22/7 Z3M 210 2U 1/1 1 PANJANG/2CWB M 27/1 JIM 0 7/1 NUTAi/am h-xm 1V» lift nb 25fl FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERIBED CARGO PH9sl?Pnn ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL
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      Page 32 Advertisements Column 2
      775 32 IffIVHANJIN SHIPPING t%2JL FULL CONTA| NER SERVICE fWI V 'Jf US" 1 STST Sno. flTllfiyS&aa w 3?' CHOYANG PARK MM 21/7 ltyl l(/4 Tfl 19M HANJIN HAMBURG ME IM M CHEJU MX MM I HANJIN OAKLAND MOW 4/1 22/8 73/8 MM 2W 27/1 HANJIN ROTTERDAM MM UN H SEOUL ME
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      Page 32 Advertisements Column 3
      1205 32 ssssr svf !lsii<(| ns I ssss? s si ::n:i!iiSB% i i !ii3 I ALSO ACCEPTING CARGO TO: M 0 nOWKM. KMK, SAVANNAN. KM TON MUKINU. WOTU. IMITWNWm. 1) HOHTKAL. TOMMTO «U NW WW WW TON. KRWMA. ETC a ATLANTA. CMCAOO. OfTROIT. fOHWRUI A OTH£* MUM »CBOWIOM KSTNMTMM I EVER GOODS
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      1840 33 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L-(03) *****33, P.Keteng-(03) *****87, Penang-(04) *****0,
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      Page 33 Advertisements Column 2
      1114 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 fgfli EAjTBQVNp LOADING FOB WESTBOUND vpmis votabi |spori |lIMIH>|(WOW vbvam mm mjm mm mw tuurt wn anwbbp «ww w mi mm "55 »m "iy
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      1283 34 I It LI NEr KAWASAKI RISEN KAISHA. LTD. tWtPOftT K AMmCX'-PfiimK SOUm'WEST I I IMPORT N. AMERICA PACIFIC SOUTH-WEST I I LIOHS SATE BRIDGE Ot I*7 H*7 21/7 HENRY M BRIOtf X 12* I*l 17* 110 0/ «<*« X W W *7 LIONS SATI BRIOtf 4 l«7 21/7 B QUEEN'S
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      Page 34 Advertisements Column 2
      662 34 PHILI-ORIENT LINES PTE LTD I (The Complete NVOCC Package) I mam bar of SFFA I 24 JULY MONTREAL OTTAWA TORONTO, VANCOUVER, S'WESTERN ONTARIO. 23, JULY DUBAI, DAMMAN, KUWAIT, DOHA, fSiSS winniptc MUSCAT, BAHRAIN, ABU DHABI, rcnyA cackT^M 97 nil Y (madiah REGINA, SASKATOON, LI JUL! oMAKJAn CALGARY, EDMONTON, KELOWNA, m
      662 words
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      Page 34 Advertisements Column 3
      382 34 A GOLDEN LINE A GUAN guan shipping lg<X\ (PTE) LTD I ,jr^-*> S, Tatak tear Straat SINGAPORE MM 1 -TIL: 5343 M (M UNO) Fu: SMMM (CD Ma MUMSMMV) S'pore P. Katang Panaat GOLDEN NONOER CaM*o/KaradM/o«ba 22/J4 My OOLOEN HAVEN <Mwibo/K*racMM» MP My cmwa «avK» KAI FENC Huan(pu/shanfh*< 2204 My
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      1626 35 PACIFIC INTERNATIONAL LINES (PTE) LTD KM Umtt/K P,L Building, 140 Cecil Street #03-00, Singapore 0106. VESSEL VOY SIN JKT SIM VESSEL VOY SIN BKK SIM HAI GUAMG 3358 20/7 22/7 KOTA MA OA 11N 21/7 24/7 28/7 EOCM 8022 21/7 23/7 27/7 PEGASUS PROGRESS S2SN 21/7 #4/7 28/7 DELTA MA*
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      Page 35 Advertisements Column 2
      1120 35 r BEN LINE CONTAINERS LTD A 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINBt SERVICE TO UK/CONTINENT VESSEL |VOY SPORE P.KLANG S HAMPTON HAMBURG B'HAVEN R'DAM L'HAVRE Cardigan Bay* 96/583 19/7 13/8 7/8 9/8 6/8 12/8 City o* Edinburgh-f 90/587 25/7 Via
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      Page 35 Advertisements Column 3
      268 35 PTjjnSTrTTiI MYANMA wßmk five star une |T (Myanmar National Line) Loading for Yangon (Rangoon) S'port P.Kelang Pen HPA-AN VIS2W Wfll JUL MERCUI VMOU 21/77 JUL MYOMA TWA VI2M 21/31 JUL TOT BANK UNE (A Mrvic* oI Andrtw W«k Shipping) \T SEMI-CONTAINER SERVICE HEAVY LIFT CAPABII ITV I 1 EXPRESS TO
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      727 38 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO WORTH CONTINENT OUTBOUND I SIN I OX I MV I ROM I ANT I HK I ftST PICCK V» UfT 13ft lift 14/1 UM p/utis SOI una a/T Im" "uIT ""uT n* aft ULMKMT l/M 5T 24* iSH W
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      Page 38 Advertisements Column 2
      1324 38 I CRYSTAL FREIGHT <CF5> SERVICES PTE LTD TEL *****Mf*****22 FAR EAST PORTTELANG™2aTT^77rTIANILA™™ S7T29^ PENANG 20/7 ft 27/7 BUSAN 19/7 ft 26/7 BANGKOK 20/7 ft 25/7 TOKYO IW7 ft 28/7 HONG KONG 18/7 ft 21/7 YOKOHAMA 18/7 26/7 KAOHSIUNG 22/7 ft 29/7 KOBE 19/7 ft 26/7 KEELUNG 22/7 ft 29/7 JAKARTA
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      Page 38 Advertisements Column 3
      246 38 LOAWNC FOR LOADING FOR RUENOS AIRES waa rsss cao orn baires onmko mo m m mm ■osmm m ww- ON u/t m OABANA an M H M 210 200 V» c isami 21ft wt tf» am ma- wi DISCHARGING FM BRAZIL ONLY store I an* hk «e mhm vok ma
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      Page 38 Advertisements Column 4
      1151 38 +B is iS 3 |®1 1 CHMA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE moJw gjjami'' CR NO: **********1 FAX: 22UM General Agents: OOMTAAI MNTM PIK LTD cable costmuw vesseljvot sgp ax not ma ant dm vessel/voy nx not mam Airr not NEALTHY RIVER/IJW 2107 UM l?a lta KANC HE/1*
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      570 39 ■fffffTTSffßl CALCUTTA DIRECT SIN CAL TIGER CREEK 98 CNB 17/7 23/7 SUSAK 99 CNB 24/7 1/8 TIGER CREEK 100 CNB 30/7 6/8 SUSAK 101 CNB 9/8 16/8 4 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALLOL 18/7 CTG, MONGLA BANGLAR PROGOTI 19/7 S. KOREA. JAPAN FAR EAST/MEDITERRANENAN SERVICE ETA
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      460 39 (JSpSciffi (S) PTE LTD TEL: *****33 (12 Lines) m FAX: *****15/*****03 IPJj TELEX: RS ***** RISHIP (3 Lines) Hfr~\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADtNO FOfl SPOftE AMAV WON 2 25W8 23/08 DAAESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA HOOEIOAH NETSANET 20WB
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      700 39 MASKAPAI PELAYARAN LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPSRE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL SENTOSA 46S 21/7
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      Page 39 Advertisements Column 4
      954 39 BANGKOK CEBU/MANILA kwwi »aimm jvom jwr rtm can MAHA BHUM# MM Wod 11/7 Sot 21/7 SO. ORIENT 20ft 2Qf7 8/7 21/7 MEKHANIK KURAKO UN Thur 10/7 Sun 22/7 AKA BHUM 30S 27/7 2/0 V 0 -J SIRI mm 4SOM W Tut 34/7 SO ORIENT 31R 3/1 9/0 U/0 CHAIYA BHUM#
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      1119 40 |NUC-NELS nu tMim"] wmt hl aiwiTl fENANG TEL: (04) *****6 iTEL: (088) *****0 TAWAU TEL: (089) *****9' KELANG TEL: (03) *****77 LnCHING'TEL: (082) *****3 SKAN TEL: (089) *****2 PKV\" J BAHRU TEL: (07) *****2 [siBU TEL: (084) *****2 LABUAN TEL: (087) *****9 V JAKARTA TEL: (21) *****7 |MEDAN I TEL:
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      Page 40 Advertisements Column 2
      518 40 BLUE STAR LIKE r SINGAPORE TO J NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY BAILINGB DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND, NAPIEH, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCX LYT MANDAMA 057t In Ft IM Via NPL
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      Page 40 Advertisements Column 3
      1122 40 £M THONG SOON LINES PTE. LTD. m|| 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNIST" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una |m Im Ihi una m eti |*n KIM SOON LI 29/90E 21
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  • Page 43 Miscellaneous
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      411 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HMimomtatiJiiHii iswmMJwmnm lOMiiiiianjiiMmswmiiyinmnwaiiaoaiiaw JR 17 0.8 LI 15 15 2.1 2-1 2-0 LI 1.4 13 1.0 1.0 LI 1.4 LI 23 2.5 25 25 23 15 U LI PP 0.7 OJ 1.1 1.4 1.7 2.0 2.0 1.9 1.7 1.4 1.1 1.0 0.9
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      399 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -0" SHIPPING CORP., KARACHI. 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 TNN S.KOREA ft JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 28/7
      399 words
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      Page 44 Advertisements Column 2
      656 44 lAhyundai MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PBW SIN NKG LBN OAK SEA CHI FROM PBW LBN OAK SEA HUG SIN LALANDIA 33E 12/07 IS/07 01/01 00/H 12/H 11/00 HYUNDAI EXPLORER 31« BB#H 07/BI 100* 2000 07/17 HYUNDAI CHALLENGER 35E 21/07 *07 13/H 11/H IS/H
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      Page 44 Advertisements Column 3
      527 44 All SET MAitiHS IASHiNO CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****81 JjjJw*" "Sc m" M*IM Vqr SM I LAX |(MK IHOU |ML |CM/ |Rot Iflßi IRTC I «rma imrrihm" mjbi ~jjT alimato> wcrorr vjjg 2y7|uA |or |MR Iwla. I»U Iwi OUR USA ww* ww i« w
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