The Business Times, 18 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 Wednesday July 18 1990 75*
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  • NEWS SUMMARY
    • Article
      Wartime Allies happy with Soviet-German pact
      53 1 FOREIGN MINISTERS of the two Germanys opened talks in Paris yesterday with the four wartime Allies saying that a Soviet-German accord had given a new impetus to German unity. The US, Britain, France and West Germany expressed "overwhelming satisfaction" with Monday's accord, a West
      53 words
    • Article
      Stamford Towers sold
      25 1 STAMFORD Educational Towers has been sold to Japanese businessman Yoshiharu Miyake, who heads Science and Engineering Investment, for $12 million Page 2
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    • Article
      Call to support RI
      44 1 THE PRIME MINISTER has called on Old Raftlesians to support their alma mater in "money, time and interest" in order for Rattles Institution to remain competitive against other independent schools, which can rely on very strong alumni support Page 2
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    • Article
      Closer ties urged
      29 1 BEIJING has been urged to cooperate more closely with Thai companies and clarify its trade, monetary and tariff policies to improve bilateral trade ties Page 7
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    • Article
      Trade growth slows
      26 1 WORLD TRADE grew last year but much more slowly than in the last two years, according to the International Monetary Fund Page 8
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    • Article
      Moscow debt plan
      30 1 SOVIET President Mikhail Gorbachev says Moscow wants to reschedule some debt on better terms because of the difficulties it is having in reforming its economy Page 8
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    • Article
      Space snapped up
      40 1 THREE MONTHS before the new building at Pasir Panjang Distripark opens its doors, almost 80 per cent of its space has already been snapped up proof of the continued warehousing boom in Singapore. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow higher
      47 1 STOCK prices on Wall Street were mixed in early trading yesterday, with the Dow Jones industrial average crossing the 3,000 mark but prices in the broader market sluggish. The Dow Jones average stood at 3005.20 after one hour of trading, up 5.45 from Monday's close.
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    • Article
      Footsie up
      32 1 LONDON shares were higher at midday yesterday, boosted by a shortage of stock. At 1100 GMT, the FTSE 100-share index was up 22.3 points, or one per cent, at 2,428.8.
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    • Article
      Failed bids reported
      28 1 DICKSON TRADING (S) and Pico Art are said to have been unsuccessful in their applications for a listing on the local stock exchange Page 3
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    • Article
      FELS wins China deal
      31 1 FAR EAST Levingston Shipbuilding (FELS) has clinched a contract, believed to be worth $30 million, to build a car factory in Guangdong province in China Page 3
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    • Article
      Insurance shake-up
      34 1 THE EUROPEAN Commission, stepping up the drive for a single market after 1992, is ready to unleash a proposed law that will shake up the huge non-life EC insurance industry Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 819.22 -1.32 Kuala Lumpur ....631.13 +0.61 Hongkong 3,463.94 -24.91 Tokyo 33,172.28 +150.55 Sydney 1,623.0 +15.2 Monday Change New York 2,999.75 +19.55 London 1,900.9 20.8
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    • Article
      CURRENCIES
      22 1 rxrhmn rates US$ S$ 1.8175 Yen SS 1.2272 MS SS0.67I7 Money market rates Overnight 5 1/4 unch 3-month 7 1/8% -3/16
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    • Article
      COMMODITIES
      35 1 London Gold PM fix US$360.70 -US$2.55 Rubber S'pore Aug 154.50'/kg -0.50 M'sia Aug M230.50 Vkg unch KL Tin Turnover 56 tonnes -36 Spot MSl5.85/kg -18 Cmde palm oil Turnover 1247lots +338 Jul M$666/tonne -2
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  • Article, Illustration
    Singaporeans show keen interest in Johor factories
    302 1  -  By Sangeeta Mulchand SINGAPORE businessmen are expected to snap up almost half of the 600 light industrial units in Johor that are being offered for sale by Panoramic Industrial Developers Sdn Bhd. Indeed, of the first 70 units at Taman Perindustrian Cemerlang marketed
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  • Article
    Overwhelming response leads Palm Resort to double intake
    411 1  -  By William Chia THE PALM RESORT Golf and Country Gub in Johor has received such overwhelming response to its initial membership drive that it will more than double its membership intake and expand its golfing facilities. Mr Yoshiharu Miyake, managing director of
    411 words
  • Article
    Lock icon Japan's Foreign Minister to visit region
    162 1 AFP JAPAN'S Foreign Minister, Taro Nakayama, will make an 11-day tour from July 26 of Indonesia, Singapore, Thailand and Laos, the Japanese Foreign Ministry said yesterday. During the trip, he will attend a meeting oif Asean foreign ministers and their dialogue partners set for
    AFP  -  162 words
  • Article
    Finance companies still unsure about scripless share financing
    467 1  -  By Magdalene Ng FINANCIAL institutions in Singapore are still unsure about financing scripless shares a month after the new system was launched for mainboard stocks. Checks with a few local banks and finance companies yesterday revealed that their officers are not clear
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  • Article
    Lock icon Tokyo floating undersea link idea
    133 1 Reuter JAPANESE Transport Minister Akira Ono will propose the idea of a Japan-Korea undersea tunnel during his four-day trip to Seoul on July 26 when he will meet his counterpart, Kim Chang-sik. "Japan and South Korea should be able to build a tunnel just as
    Reuter  -  133 words
  • Article
    UIC reaps $54m from sale of D&C stake
    376 1  -  By. Magdalene Ng UNITED INDUSTRIAL Corporation has confirmed the sale of its entire 20 per cent stake in Development Commercial Bank to Rashid Hussain Bhd (RHB) for M 52.20 a share or MJ224 million. Confirming a BT report yesterday, UIC said it
    376 words
  • Article
    Mendaki going into business
    209 1 MENDAKI, the council for the development of the Malay/Muslim community, is venturing into the corporate sector through its new holding company, Mendaki Holdings Pte Ltd. Speaking at a news conference yesterday announcing the council's new three-year corporate plan, the deputy chairman of its board of directors,
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      326 1 The best just keep getting better... and better..." PC i I MAGAZINE m brother B6M Business Systems a 743-aooo OUTSIDER WITH THE ADVANTAGES 10 GLOBAL TAX HAVEN INLABUAN? 11 RICE BOOM MAY RESCUE HANOI 12 Aircraft Schedule 25 Money Market 23 World Stock Markets 22 *%A r>—: 1 f uxnmoaoaj
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      Page 1 Advertisements Column 2
      8 1 Making waves in Singapore and M'sia, Pg 2
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      Page 1 Advertisements Column 3
      31 1 OF tONHON \V: t i i I'■ M i u'i\ Kmv \h /'"./> Anton A T an Aqencies Pie Ltd To' 2TJ 111J >YMBOI OI >L CCf >> |«iii«S^^ NiPr«ij /Abntice||o a"" I
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Increase of 2.9pc in Consumer Price Index
        67 2 THE CONSUMER Price Index last month was 2.9 per cent higher than that a year ago. Compared with the first half of last year, the index was 3.5 per cent higher. An upward revision of service and conservancy charges by the Housing and
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      • Article
        Cooperate on health problems
        70 2 THERE IS much scope for cooperation among regional countries on health problems as many of them are common to all, said Acting Health Minister Yeo Cheow Tong at the International Union for Health Education regional conference yesterday. One area that can be explored, he said, is
        70 words
      • Article
        Condolences to the Philippines
        68 2 PKESIDENT Wee Kim Wee, on behalf of the government and people of Singapore, has conveyed his deepest sympathy to the victims and families of the earthquake which hit the' Philippines on Monday. In his message to President Corazon Aquino, President Wee said that he was confident
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      • Article
        Telecom services affected
        62 2 AS A RESULT of the powerful earthquake that struck Manila and the rest of Luzon island on Monday, telecommunications services to the Philippines have been partially affected. This was due to damage caused to the Asean Philippine-Singapore submarine cable. A Telecom statement said telecommunications traffic is being
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      • Article
        Singapore Design Award
        93 2 THE SINGAPORE Design Award has attracted 75 locallymade products this year, of which 60 were submitted by SI local companies. The rest were from eight foreign companies based here. The selection will take place next month. The awards will be announced and presented during the opening ceremony
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    • Article, Illustration
      Japanese company making waves in Singapore and M'sia
      415 2  -  By William Chia SCIENCE and Engineering Investment (SEI), which is headed by Japanese businessman Yoshiharu Miyake, is making waves in Singapore and Malaysia through its aggressive ventures in the property, leisure and industrial supplies sectors. Mr Miyake, a director of Kamunting Corp,
      415 words
    • Article
      PM Lee on ways to develop strong alumni commitment
      245 2 ALLOWING schools to be partially-independent and self-financing, like community centres, can create the competitive educational environment necessary to bring out the best in Singapore's youth, Prime Minister Lee Kuan Yew said yesterday. Speaking to fellow old Rafllesians at a Raffles Institution
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    • Article
      Ko Kheng Hwa becomes NCB's deputy GM
      201 2 THE NATIONAL Computer: Board (NCB) has announced the appointment of a new deputy general manager to. help beef up the statutory, board's management. Mr Ko Kheng Hwa, who was formerly divisional direc-» tor in charge of Information Technology Application and Human Resource, will
      201 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      467 2 r r si v e p 4 i M f( •r *y %m A Tt m WHAT PRICE FREEDOM OF SPEECH? You can now enjoy total freedom and still keep in touch with the world —with the new AJ 30 cellular handphone from Motorola. For only 1838. The AJ 30
      467 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Dickson, Pico said to have failed to get listing nod
      331 3  -  By Abdul Hadhi DICKSON TRADING (S) and Pico Art are believed to have been unsuccessful in their applications for a listing on the Stock Exchange of Singapore. Dickson, an upmarket fashion goods distributor, has been trying to get a listing
      331 words
    • Article, Illustration
      Lock icon SML to rely less on salvage work
      375 3  -  By A J Leow SEMBAWANG MARITIME (SML), which was once almost reliant on salvage work, expects its shiprepair and offshore contracting divisions to contribute about half of its revenue this year. Managing director Lai Park On hoped that salvage work, which contributed 60
      picture by Arthur Lee  -  375 words
    • Article
      Lock icon Pacific Bank public issue oversubscribed by 28 times
      357 3 Bernama PACIFIC BANK Bhd's public issue of 14.417 million shares has attracted 293,663 applications for a total of 420.013 million units worth close to Msl billion. This represents an over-subscrip-tion of 28.13 times. The flotation involved a total of 22.234 million shares
      Bernama  -  357 words
    • Article
      Lock icon SSE delivers jacket on time
      144 3 Bernama SIME Sembawang Engineering Sdn Bhd (SSE), a member of the Sime Darby group, has completed fabrication of Dulang A, a Ms 23 million jacket, within 14 months of its contract award. In a statement in Kuala Lumpur yesterday, Sime Darby said the four-legged, 2,575-tonne
      Bernama  -  144 words
    • Article
      Lock icon Bolton Prop to buy Bolton Finance shares from Ling
      266 3 Bernama BOLTON Properties Bhd is to acquire the 5.02 million shares representing 27.52 per cent of Bolton Finance Bhd's paid-up capital held by Malaysian Transport Minister Datuk Seri Dr Ling Liong Sik for M 511.06 million. Replying to a KLSE query,
      Bernama  -  266 words
    • Article, Illustration
      FELS bags $30m project in Guangdong
      387 3  -  By Yong Pow Ang FAR EAST Levingston Shipbuilding (FELS) has clinched a contract, believed to be worth $30 million, to build an automobile factory in Guangdong province in China. With this project, FELS has secured $800 million worth of contracts thus far this year.
      387 words
    • COMPANY BRIEFS
      • Article
        Emporium group back in the black
        168 3 THE EMPORIUM group made a turnaround last year, three years after Hongkong-listed IHD Holdings Ltd acquired (he; ailing retail group and pumped in another $6 million to makeit more competitive. Tliis brings the group a step closer tb a~ listing on the Stock Exchange
        168 words
      • Article
        TL Finance (HK) directors resign
        51 3 MR LEE KIM YEW, Mr Wong Aun Phui and Mr Goh Yeok Chay have resigned as directors of Tat Lee Finance (HK) a subsidiary of Tat Lee Bank. Mr Lee has also resigned as a,, director of Premier Investment Pte Ltd, another Tat Les-' bank
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      • Article
        New chairman for SIA unit
        60 3 MR CHEW Leng Seng has resigned as chairman and directpc of Singapore Jamco Pte Ltd, a subsidiary of Singapore Air= lines Ltd, with effect from July IS. Mr Robert Tan Kim Tedc is now the new chairman, while Mr Teo Chye Seng has been appointed
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      • Article
        PNB raises Golden Hope stake
        72 3 PERMODALAN Nasional Bhd (PNB) has increased its shar eholding in Golden Hope Plantations Bhd to 108,535,2i>* shares following a series of acquisitions between May 21 and June 11, 1990. The 207,000 additional shares were bought oftthe open market. PNB also declared that it had reduced
        72 words
      • Article
        Genting cuts Resorts World stake
        94 3 GENTING Bhd has reduced its stake in Resorts World Bhd 1 to 298.270 million shares through placements of 938,006; shares by two of its wholly-owned subsidiaries between June 25 and 29, 1990. The subsidiaries, Maxitage Sdn Bhd and Genting Equities (HK) Ltd, sold 816,000 shares
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      184 3 mKm I v' [l j4L i -m '-Mi^ m ?T JBfc JCff u! /rm tM Our strong base in the home network of 3,000 local "Volksbanken" Our presence in the Far East: Hong market facilitates your worldwide and "Raiffeisenbanken", Europe's Kong, Singapore, Tokyo, Kuala Lumpur, operations. What distinguishes us most
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Bond Corp sells Perth resort
        75 4 BOND CORP Holdings Ltd said it had sold its Observation City seaside resort on the northern fringes of Perth to Pakwell Pty Ltd for A 577.34 million. The 337-room luxury hotel was owned by Austmark International Ltd, a 47-per-cent owned subsidiary of Bond Corp. Bond
        75 words
      • Article
        BCIL to buy up Rome property
        97 4 BOND CORP International Ltd (BCIL) has agreed conditionally to take full control of a piece of property in Rome by acquiring the remaining 50 per cent stake from Bond Corp Holdings Ltd for US$7O million. BCIL said in a statement that it will pay
        97 words
      • Article
        SET'S new rules on allotment
        55 4 UNDER new rules being adopted by the Securities Exchange of Thailand, listed companies will be required to allot at least 35 per cent of their equity to small shareholders for new share issues, while authorised companies must divest more than 20 per cent of their
        55 words
      • Article
        Thai firm in housing venture
        82 4 THAI company Land House plans to spend several billion baht during the next few years on developing projects, according to The Bangkok Post. The projects will be handled either by Land House or by its affiliates. Land House is holding talks with a Japanese company
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    • Article
      Dusit Thani group's US$20m bid for US hotel
      375 4 IN WHAT WOULD be the first major overseas hotel takeover by a Thai company, the Dusit Thani Hotel group plans to buy the five-star American Plaza Hotel in Dallas, Texas, for an estimated US$2O million (approximately 500 million baht). According to The
      375 words
    • Article
      Lock icon Taipei exchange suspends broker
      136 4 Reuter THE TAIWAN Stock Exchange ordered a major Taipei brokerage house to stop trading temporarily yesterday because it was unable to explain the loss of NT$54O million. An exchange spokesman told a news conference on Monday night that Ten Jen Securities Co, one of Taiwan's top
      Reuter  -  136 words
    • Article
      Thai Airways asked to increase registered capital
      371 4 THAILAND'S Finance Ministry has said that Thai Airways International must raise its registered capital by issuing I billion baht in new shares to finance expansion this year, according to The Business Post. These new shares are expected to be listed on the Securities
      371 words
    • Article
      Lock icon Marubeni Corp in tie-up to produce fibre board
      207 4 AFP MARUBENI CORP, Japan's leading trading company, said yesterday it would team up with South Korean and Taiwan companies in a project to produce fibre board by recycling scrap wood in Canada. The three companies Marubeni, South Korea's Hyundai Corp and a
      AFP  -  207 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      226 4 J?y.:.. W jMMiy GIANNI VISENTIN Famed Italian sculptor and jeweller, Gianni Visentin will for t^ie rst me n Singapore exhibit his highly acclaimed llr^Y masterpieces sculptures of biscuit porcelain encased in Wm 18K gold, platinum and precious stones. jp He derives his inspiration from political or JjS/b social issues war,
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      Page 4 Advertisements Column 2
      41 4 OeMGhTs Corner RIBS STEAK HOUSE Road 6th L<-vo! Annex R MND Building Singapore .n 106 Tot .Y( H V.")( (Opposite M ixwell Traffic Police) Free Parking after fi pm Monday Saturd iy. Sundays Public Holidays ■■■BH OfliqM Catering Pte ltd HHHI
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Southland's creditors accept sweetened bid
      382 5 NYT SOUTHLAND CORP's major creditors have agreed to sweetened terms of a takeover offer from Japan's ItoYokado Group that will give Southland's debt holders 20 per cent of the company and an additional US$3O million. Under the agreement on Monday, the founding Thompson family will
      NYT  -  382 words
    • Article
      Lock icon Oxford Instruments wins order for chip maker
      143 5 Reuter OXFORD Instruments Group ptc said it had won an order from International Business Machines Corp (IBM) for a new device to manufacture advanced computer chips developed with IBM funding. Oxford Instruments chief executive Peter Williams said IBM was taking delivery of the
      Reuter  -  143 words
    • Article
      Lock icon MAN/Daimler takeover of ENASA blocked
      417 5 AFP THE WEST GERMAN monopolies office has blocked a planned joint takeover of Spanish truck maker ENASA by West German concerns MAN and Daimler-Benz. The takeover would have had serious consequences on competition in the truckmaking sector, the monopolies office said in a statement on
      AFP  -  417 words
    • Article
      Lock icon Elf Aquitaine takes stake in Spanish oil group and bank
      269 5 AFP FRENCH oil group Elf Aquitaine has taken a 25 per cent stake in major Spanish oil company Cepsa and a 3.2 per cent stake in Cepsa's parent company Banco Central. Elf did not give the value of the deal,
      AFP  -  269 words
    • Article
      Lock icon Takeover values in Britain cut by half
      268 5 AFP THE VALUE of public company takeovers and mergers completed in Britain in first half of 1990 was down by more than half on the same period of 1989, according to a specialist review published in London on Monday. But the period was
      AFP  -  268 words
    • COMPANY BRIEFS
      • Article
        Reedpack almost in the bag: Svenska Cellulosa
        109 5 SWEDISH forestry group Svenska CeUulosa AB (SCA) snd holders of more than 90 per cent of the shares in Britain's Reedpack Ltd have accepted SCA's offer to acquire the ooft*pany, thus ensuring the bid's success. SCA said in a statement that the acquisition
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      • Article
        Listing for Tapie shares
        67 5 THE FRENCH stock exchanges association (SBF) said thp bourse watchdog body, COB, had no objection to Bernard Tapie Finance shares being relisted, expected yesterday, tifc SBF said in a statement Shares in two Tapie-controlled weighing machine subsidiaries, Testut and Terraillon, woifli also be relisted. All three
        67 words
      • Article
        Accor to revamp Wagons-Lits
        82 5 THE CO-CHAIRMAN of French hotel group Accor said he would like to reorganise the hotel operations of Belgian tia\fcl and tourism group Cie Internationale des Wagons-Lits et au Tourisme SA. "We're looking at a reshuffling of the hot 6 sector of Wagons-Lits. We're thinking of partnerships
        82 words
      • Article
        Rentokil buys Brierley unit
        46 5 RENTOKIL Group pic, an environmental services and prop* erty group, said it is paying £12.2 million cash for tropical plant rental and maintenance businesses owned by Brierley Investments Ltd of New Zealand. The businesses are based in New Zealand, Australia and Canada.
        46 words
      • Article
        Bayer buying citric acid firm
        74 5 WEST GERMAN chemical giant Bayer AG said it was buying Rhone-Poulenc's British Selby citric acid unit for £S6 million, subject to approval by regulatory authorities. The purchase brings Bayer's citric acid production capacity to 150,000 tonnes a year, compared with global demand for 500,000 tonnes,
        74 words
      • Article
        Wal-Mart offers 10-year notes
        82 5 WAL-MART Stores Inc of the US is offering US$5OO million of 9.10 per cent notes due July 15, 2000, underwriters said. Goldman Sachs and Co is lead manager. Priced at par, the notes yield 65 basis points over comparable Treasury securities. Selling concession is U553.75, gross
        82 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      152 5 Centrally located in the city is 5,000 square feet of a luxuriously furnished watch retail oudeL Known to be the largest single watch boutique in Singapore, Thong Miap believes in the quality and consistency of high customer service No one offers better service than we do because we really care
      152 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Stanchart cuts prime rate in Taiwan
        76 6 STANDARD CHARTERED Bank has lowered its Taiwan prime rate to 14.75 per cent from 16 per cent, effective immediately. In a statement in Taipei yesterday, the bank said the reduction was in line with easier money market conditions. The bank, which usually takes the
        76 words
      • Article
        Jail terms for bank head, aides
        69 6 A TAIPEI COURT has sentenced the head of Taiwan's second largest unlicensed bank and his subordinates to prison terms of three to four and a half years on charges of violating banking rules. A court official said on Monday that Ting Lei»miao, chairman of
        69 words
      • Article
        Bank closing Brazil office
        59 6 THE BANK of New England is closing its representative office in Brazil at the end of this month, Richard Hayes, vice-president and representative, said in Sao Paulo on Monday. The Bank of New England in recent months has reported restructuring in the wake of problem loans
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      • Article
        Nomura opens office in Rome
        65 6 NOMURA SECURITIES Co Ltd opened a representative office in Rome yesterday. A spokesman said: 'The office will make it easier to collect information as Rome is a centre of politics in Italy." The office will also support Nomura's wholly-owned subsidiary, Nomura Italy SPA, in Milan.
        65 words
      • Article
        Aussie bank trims operations
        66 6 THE STATE BANK of Victoria (SBV) has cut back its offshore foreign exchange operations in New York and London. "We have come out of direct market operations but we will still have an on-going presence," SBV international treasurer Peter McLeand said in Melbourne yesterday. The New
        66 words
    • Article, Illustration
      Lock icon Proposed law set to shake up non-life EC insurance industry
      506 6 Reuter THE European Community executive commission, stepping up the drive for a single market after 1992, is ready to unleash a proposed law that would shake up the huge non-life EC insurance industry. Barring last minute objections, the 17-member executive
      Reuter  -  506 words
    • Article
      Lock icon Problem loans hurt profit of US banks
      438 6 NYT PROBLEMS with bad real estate loans and sluggish demand for new loans are depressing profits of some large banks around America, according to reports of earnings for the second quarter on Monday. Chase Manhattan Corp, First Chicago Corp and Bank of New
      NYT  -  438 words
    • Article
      Lock icon Hungary plans share listing for banks
      295 6 Reuter HUNGARY intends to list shares in its banks on Budapest stock exchange by the end of the year as put of its moves towards a Western-' style market economy, a government economic adviser' said. Count Istvan Bethlen, t, leading member of the Hungarian
      Reuter  -  295 words
  • Page 6 Advertisements
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      150 6 Will coffee beans today make you a has-been tomorrow Facts that figure: July *****0, Zaobao Business. China, Japan and the 4 NIEs are the formidable behind Chinese entrepreneurs on foreign soils. paper, the business section is undergoing a radical economies that ring the Pacific rim. How will their cai=*i,T*T l.*L
      150 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      China urged to work more closely with Thai firms
      349 7 THE CHINESE government has been urged to cooperate more closely with Thai companies and clarify its trade, monetary and tariff policies to improve trade ties between the two countries. The Bangkok Post quoted Board of Trade executive director Prayoon Thalerngsri as
      349 words
    • Article
      Lock icon Companies rally to Rafidah's GSP call
      200 7 Bernama MALAYSIA'S Trade and Industry Minister Datuk Seri Rafidah Aziz on Monday called for collaboration among local manufacturing companies in anticipation of possible revocation of privileges on certain products under the generalised system of preferences (GSP). Speaking to newsmen after launching Metrojaya Sdn Bhd's
      Bernama  -  200 words
    • Article
      Investors push up club fees
      266 7 INVESTORS and players ploughed 300 million baht into Thai golf club memberships during the first three months of this year, prompting industry observers to blame a surge in prices on rampant speculation by both foreign and local investors. According to brokers and industry analysts, up
      266 words
    • Article
      Lock icon Sri Lanka seeks further US$275m in loans
      270 7 Reuter THE SRI LANKAN government wants to borrow up to a further 11 billion rupees (US$275 million) from local and foreign banks for development work, officials said. They said parliamentary approval has been sought to approve the loans. In the 1990 budget sanctioned
      Reuter  -  270 words
    • Article
      Lock icon Thai Cabinet likely to face harsh grilling
      329 7 AFP THAI Prime Minister Chatichai Choonhavan and his much criticised coalition government are bracing themselves for an opposition onslaught when they face a no-confidence debate in Parliament today. And while political analysts do not expect the 70-year-old Mr Chatichai, halfway through his four-year
      AFP  -  329 words
    • NOTE BOOK
      • Article
        Thais to buy planes from US air force
        59 7 THE ROYAL Thai Air Force wants to buy a squadron of 16 F-5E fighter planes and 10 10-seater passenger jets from the United States Air Force. Air Chief Marshal Kaset Rqjananil said he hoped Thailand could buy the planes at a "friendship
        59 words
      • Article
        Rabuka wants to be PM
        88 7 Fiji's military commander Major-General Sitiveni Rabuka said on Tuesday he wanted to quit the army within six months to become the Pacific nation's prime minister. Rabuka, who led two coups in 1987 to topple Fiji's democratically elected government, told Radio New Zealand he would like
        88 words
      • Article
        Troops deployed in Aceh
        79 7 UP TO 1,500 special forces have been deployed in the north-western Indonesian province of Aceh where small armed groups have killed 30 troops and police and as many civilians over the past three months, informed sources said on Monday. The sources said two Kopassus (special forces)
        79 words
      • Article
        Quake rescue work continues
        66 7 SOLDIERS and rescue workers battled yesterday to free hundreds of people trapped beneath the rubble of hotds and a school building which collapsed when a powerful earthquake rocked the northern Philippines. The United States sent civil engineering teams with sniffer dogs to hdp in the rescue
        66 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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      Page 7 Advertisements Column 2
      144 7 A Located at Kitchener Road, between Jalan TBI#-® Besar and Serangoon Roads, the New Park Hotel offers you a new experience every time New Park Hotel, ztjl The lobby with its impressive 2-storey high f|TTA ceiling is something to look up to. Our If V Sid w XV magnificent lobby
      144 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        East German minister asks for more time
        92 8 EAST GERMAN FOREIGN MINISTER Markus Meckel has argued for a transition period of more than two years to precede his country's full integration into the European Community. Mr Meckel, who symbolically took part in a luncheon of the 12 EC foreign ministers meeting
        92 words
      • Article
        Japanese MPs visiting US
        86 8 A DELEGATION of Japanese Diet (Parliament) members led by former finance and foreign minister Kiichi Miyazawa met US Trade Representative Carla Hills in Washington on Monday to open a week-long review of Japanese-American political and economic relations. The delegation, representing five parties, was to meet US
        86 words
      • Article
        Hussein warns of Mid-E war
        73 8 KING HUSSEIN of Jordan has said in a US television interview that war could break out in the Middle East over the rising number of Soviet Jewish immigrants. "This area seems to be facing a very bleak and very dangerous future at this point," he
        73 words
      • Article
        Portugal sets divestment terms
        59 8 THE PORTUGUESE GOVERNMENT may allow foreign investors a larger stake in its privatisation programme, but is determined to keep "strategic" companies in Portuguese hands. Elias da Costa, Secretary of State for Finance, said in Lisbon on Monday that Portuguese groups had not consolidated themselves enough yet
        59 words
    • Article
      Lock icon World trade grew at slower pace last year: IMF report
      486 8 AP WORLD TRADE grew last year but much more slowly than in the last two years, according to the International Monetary Fund. The growth was 8.6 per cent, against nearly IS per cent in 1988 and almost 19 per cent
      AP  -  486 words
    • Article
      Lock icon US sales see biggest jump in 3 months
      194 8 AP US BUSINESS SALES shot ap 0.9 per cent in May, the biggest jump in three months, while inventories rose modestly, the government said on Monday in a report indicating continued economic growth. Monday's report, which was in line with economists' expectations,
      AP  -  194 words
    • Article
      Lock icon Japanese step up buying of US companies
      381 8 NYT JAPANESE PURCHASES of American companies jumped sharply in the first half of this year, while American purchases in Japan remained small. But while the Japanese buying seems to get most of the attention, Japan was not the leading buyer of US companies.
      NYT  -  381 words
    • Article, Illustration
      Lock icon Moscow seeking to reschedule debt on better terms
      318 8 Reuter SOVIET PRESIDENT Mikhail Gorbachev has said that Moscow wants to reschedule some debt on better terms because of the difficulties it is having in reforming its economy. He said in Mineralnye Vody on Monday at the end of his two-day talks
      Reuter  -  318 words
    • Article
      Lock icon China's deficit may balloon in face of tax dodging
      318 8 Reuter CHINA'S budget deficit, one of the economy's most serious problems, may balloon this year as tax collection from industry meets stubborn resistance, Chinese economists and foreign diplomats said. Official newspapers highlighted the problem on Monday, quoting Finance Minister Wang Bingqian
      Reuter  -  318 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      209 8 EMIRATES. REFINING THE SHAPE OF AIR TRAVEL lIHS ;?f- T r KSHiH -v v^lLL^gTv?-• V -w fl>-v 1 J a W Mr-. l^ttMMßßSJfc* -.J^^HfT^ or v-;^nwgV2ifcS£^~'^^^oBi2^ '"^sMb^^Bßhw^''' ';-^Simfe-'^^EE^BBiS^BEBMI^bMkBBWI k" K'M wPL 6f AS^^Bk^'-; .^!7ByP^ vf. «s' K r mEjg ■t-;. v bWw -.-kSt* s^^; i?< 17th June saw the introduction
      209 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      265 9 Like All The Best Airlines We Check Our Passengers On Board. I PHnMPII PHnNRRnRI < mm:■ I jj^**-Wjßk. > VH^^Hy; I Jk IP J. -d*4 Jr> R|HNPHP]HPP^ "^-oap #Pf H ''V iiiiinn i'tr" -V -&**&/L. r t A Wsi? **®sS^E-fc' so; W < *'J /£MPlfc#iiilffii &%£j i Mfe: I -1
      265 words
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  • Article
    Raising the lot of Malays
    460 10 EDITORIAL IT IS a positive sign that Malay professionals have decided to take a more active role in the life and affairs of their community. Professionals in every ethnic or cultural group can play a potentially positive role in helping their people. So too, Malay
    460 words
  • WHAT THE OTHERS SAY
    • Article
      A growing question mark
      233 10 THE defections that followed the 28th Congress of the Soviet Communist Party are strong evidence that the congress marked not President Mikhail Gorbachev's arrival at the Holy Grail; only another milestone in his stormy journey to perestroika. Time is running out for the Soviet leader to
      233 words
    • Article
      Tribute to PM
      138 10 THE dinner organised by the PAP Malay Affairs Bureau last Sunday for Prime Minister Lee Kuan Yew was a perfect tribute to the man who has done much for Singapore and for the Malays. The Muslim community, particularly the Malays, is grateful to the government under Mr
      138 words
    • Article
      Keeping the focus right
      105 10 MALAY professionals are making a positive move in organising a convention to look deeper into the Malay problems. They have indicated that an 'integrated strategy' is needed to solve the problems facing Malays. But Malay professionals have got to keep their focus on the core problems.
      105 words
  • REGIONAL VIEWPOINTS
    • Article
      Forcing her hand
      172 10 BRITAIN'S Trade and Industry Secretary Nicholas Ridley, in an interview with The Spectator magazine, where he accused Germany of again trying to take over Europe and dismissed the French as the German's poodles, did not merely represent the latest blunder by a politician with a long track
      172 words
    • Article
      Fighting on both fronts
      146 10 PRESIDENT Corazon Aquino of the Philippines seems close to siege in Malacanang. A dozen bomb attacks and attempted attacks last Friday renewed the image of an unstable nation wracked by uncontrollable violence. The president faces war on her administration from two directions. The far left and
      146 words
    • Article
      Look who's talking
      194 10 IN RECENT weeks, quite a few American legislators and lobbyists have been mounting their high horse and have been in a high dudgeon over various alleged offences committed by Malaysia. Last year, the country was accused of purveying palm oil to Americans, as if Malaysia was responsible
      194 words
  • Article, Illustration
    An outsider with all the advantages
    1142 10  -  Dr John Hewson, Australia's shadow prime minister and leader of the opposition, talks to Harish Mehta about his plans to make the new-look opposition a force to be reckoned with Harish Mehta Australia's shadow prime minister, a Ferrari-driving, gourmet restaurateurturned leader of the opposition,
    1,142 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      74 10 rUp Luxurious iMANHAttANI EXECUTIVE SET LUNCH The Manhattan Grill with its wide range of menus, tranquil ambience and Snlnd setting is for those who want a truly executive lunch. The one meal all juiuu corporate men must experience. c_i_j (60T Ml yOU COfl TTOill IW XIIOO DOf) Course Desserts Coffee/Tea
      74 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      61 10 POONESBURY YOU KNOU,GANG, NOW THAT TOUGH% OW, AND MrVEAL&AnHI tmjAamn UMM rnujfjn THE PPESIPWTHAS BAILED ON MM SJAND PORTHE BUSH- M GOT A CALL \GO AHEAP, HISTAX PLEDGE,HOSGONGTO Wf&X* IT6ANBEA CALLER, WHAT DO s tOU VGTES riWm^AL HEED A NEUB&JEF! NO TAXES UTTIZ P&iQGOGtC, Th/NK POPPY'S NEMJ £&AT"z Errnr' M6THEON&THN6HESIOOD
      61 words
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  • ANALYSIS
    • Article
      Lock icon Thailand's booming economy passes the people by
      779 11  -  Thailand is one of Asia's fastest growing economies with double-digit growth in the past three years. But there are no signs that the majority of the population the farmers and unskilled labourers are enjoying the benefits of the new prosperity. Denise Young reports
      Reuter  -  779 words
    • Article, Illustration
      International tax haven in Labuan?
      1641 11  -  Malaysia is enacting legislation to make Labuan the first international tax naven in Asean and a global offshore financial centre. Alvin Tay reports Alvin Tay W" -w HERE is LabuM an? That was the frank reply of an ''•jW American bank- j ing executive '&ased
      1,641 words
    • Article, Illustration
      Lock icon Gee whiz, he's done it again, and again
      800 11  -  Carol Giacomo reports on Mikhail Gorbachev's remarkable ability to survive internal squabbles and challenges Carol Giacomo Reuter WASHINGTON analysts, well-schooled in rough and tumble politics, are marvelling at Mikhail Gorbachev's latest display of a wily ability to survive domestic power challenges. "People
      Reuter  -  800 words
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      Page 11 Advertisements Column 1
      83 11 Located in the heart of Orchard Road outsic,e the Restricted Zone Five minutes walking distance to Orchard MRT Distinctive Renaissance I architecture I GCEflaßfeißß 1 Quality finishes Separate office lobby I rV Special raised/access ■L HE floors I Possibility of twenty- four hours airI conditioning Generous car parking facilities. Expsctod
      83 words
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  • FOCUS
    • Article, Illustration
      Lock icon Rice boom may free Vietnam from poverty trap
      898 12 Signs of prosperity are evident as the Hanoi regime loosens its grip on the economy. But this happy turn of events is marred by a recent natural disaster. And the omens point to further gloom. AP A DRAMATIC UPTURN in rioe production
      AP  -  898 words
    • Article
      Lock icon Nature exacting fierce revenge on deforested country
      956 12 Reuter Nature has wreaked a fierce revenge for the wholesale destruction of forests in northern Vietnam, devastating an entire valley with a sudden flood that surged down the barren hills. The submersion of Muong Lay in flood waters up to seven metres deep
      Reuter  -  956 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      77 12 \N° ...to browse or to buy, to seek, discover and enjoy art for its sake or for investment. Ait (ifti, utiqucs, crafts) enriches and brightens our lives. To help that enrichment are antiques, crafts, paintings, prints and sculptures, jade and ivory collections from 60 exhibitors of ll countries. Don't miss
      77 words
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      Page 12 Advertisements Column 2
      280 12 SINGAPORE INSURANCE INSTITUTE SEMINARS 26 July 1990 Pan Pacific Hotel Morning Session: An overview of the worldwide catastrophes and their impact on the world insurance market by Prof. Un Hoe Park, Professor of Insurance, Sung Kyun Kwan University (Seoul) Damages in personal injury claims (including death) by Mr R Karuppan
      280 words
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  • SPORTS
    • Article
      Lock icon Chiappucci extends Tour lead
      375 13 AP CLAUDIO CHIAPPUCCI added three seconds to his slim lead in the Tour de France on Monday, as the leaders rode a conservative 1 Sth stage and allowed France's Charles Mottet to win the leg by nearly five minutes. I Greg LeMond, Eric Breukipk and Pedro
      AP  -  375 words
    • Article, Illustration
      Lock icon Bittersweet return for Watson
      330 13 AFP FOR SEVERIANO Ballesteros* the 1984 British Open at St Andrews was his most memorable victory. The best Tom Watson can say is that he still has affection for the course. In 1984, he came to the famous 17th Road Hole, level with Ballesteros. But his
      AFP  -  330 words
    • Article, Illustration
      Lock icon Woodforde rallies to victory after early slip-up
      293 13 Reuter AUSTRALIAN Mark Woodforde let a first-set tie-break slip away then rallied past American Paul Annacone 6-7, 6-3, 6-2 to advance to the second round of the U*****,000 Washington Tennis Classic on Monday. Woodforde, ranked 126 th in the world, had a set
      Reuter  -  293 words
    • Article
      Lock icon Prpic cruises to victory in Mercedes Cup
      144 13 AP YUGOSLAV Goran Prpic beat Francisco Clavet of Spain in straight sets in the first round "of the. men's US$l million Mercedes Cup tennis tournament in Stuttgart on Monday. Prpic, ranked 33rd in the world, clinched a first-set tiebreaker 7-3 and went on
      AP  -  144 words
    • Article
      Lock icon Carl Lewis pulls off 63rd straight win in long jump
      218 13 AFP CARL LEWIS won his 63rd consecutive long jump contest with a leap of 8.51 m in his first attempt at the Barcelona international athletics meeting on Monday. The 29-year-old American has now gone undefeated in the event since March
      AFP  -  218 words
    • SIDE LINES
      • Article
        Aussie tourists thrash combined Kiwi side
        95 13 AUSTRALIA overpowered a combined West Coast-Buller side 62-0 yesterday for its first win of its 12-matcfa rugby union tour of New Zealand in Greymouth. The visitors scored 11 tries, six in the first half to lead 34-0 at half-time. Fullback David Knox kicked eight
        95 words
      • Article
        Seed through to second round
        68 13 SEVENTH-SEEDED Anne Smith advanced to the second round of the U*****,000 Virginia Slims of Newport tournament on Monday by beating unseeded Terry Phelps 6-2, 6-3. Smith, ranked 30th in the world, led 6-2, 4-0 before Phelps broke Smith in the fifth game and held serve
        68 words
      • Article
        Toronto regains top spot
        56 13 JIMMY KEY allowed three hits over seven innings and Fred McGriff homered as Toronto regained first place in the American League East by beating the Seattle Mariners. 4-3 in Seattle on Monday. The victory, coupled with Bo*~' ton's loss to Minnesota, gave the Blue Jays a
        56 words
      • Article
        World Series to start later
        70 13 US BASEBALL'S World Series will start on Tuesday, Oct' 16, three days later than originally scheduled, in the home park of the National League champion. The series was originally scheduled to start on Oct 13, a Saturday, but was' set hack because baseball owners locked
        70 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      163 13 «acJH MBS IK A muskal invitation from Variations IOQII 2 fl> a* 9f f COCKTAIL LOUNGE (Level 7) Let Variations take you on a gentle sentimental journey. Flow with their music. Back to yesteryear's hits, light classicals and evergreens. It's easy to let yourself go at the Cinnabar Lounge. During
      163 words
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      Page 13 Advertisements Column 2
      356 13 ■after BY ORDER OF HER BRITANNIC MAJESTY'S GOVERNMENT Prime development land in Kuala Lumpur, Malaysia NEW J^MsUhJECT AMPANOPANK 1 I I I I CHMEK HUM BMT 1-1 cat—man n>V< nuO® 8, •WWOgWyXX SfNGAPOHE U-J '"'•yV W HILTON HIOH XA HOTEL COMMKSMN 1 AMERICAN I Excellent location along 'Embassy Row' Approximately
      356 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      919 14 WHERE TO WINE. DINE AND ENTERTAIN.. WHERE TO WINE. PINE AND ENTERTAIN... WHERE TO WINE, DINE... rSSL Sky Garden Poolslde Daily: 6.30 10.30 pm Adult: $12.50 Child: $8 •Complimentary birthday cake for a Plaza Hotel minimum of ten Hease make mmmmmmmmmmmm reservations 4 days In advance •*****<■ «i» vt n
      919 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      719 14 TELEVISION AND RADIO HP J• rc J- 1 J SBCI2 Rctak (The Wrinkles) (M, r). 530 Caa* Strip. I \*7f\ lI7AT*I /i C* W&L 030 Baat af Dlaaay Wuzzles: 1 5.55 Tafey la Histery. ."MB i vvu uiiierciu wuiiua p M tT7 tit Cocoa and Sympathy. 7.00 Mrl Om ]y.
      719 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon New book reopens old controversy
      819 15  -  The first conquest of the Matterhorn in 1865 was marred by tragedy when four of the seven-man team died in the descent. Hanns Neuerbourg reports on a new book published on the 125 th anniversary of the event Hanns Neuerbourg AP ANEW book has rekindled
      AP  -  819 words
    • Article, Illustration
      Lock icon Being old does not mean being forgetful, research shows
      368 15 AP OLD AGE is no excuse if Grandpa forgets to take his pill at mealtime or buy bread on the way home from golf, according to a study that surprised researchers. In two laboratory experiments, elderly participants did just as well
      AP  -  368 words
    • Article, Illustration
      What the Pope does while on holiday
      516 15 CHATTCREQifl HOW does Pope John Paul II get away from it all? He sleeps "late", until 6am, hikes for hours on Alpine trails and before the day's light fades, reads a little German poetry outdoors. That's a typical day of the papal holiday.
      516 words
    • Article
      Lock icon Hormone treatment lessens risk of broken hips in older women
      297 15 AP HORMONE replacement therapy can sharply reduce the risk of hip fractures in women during and after menopause, according to a study of more than 23,000 women. Researchers found that a combination treatment of estrogen and progestogen could reduce the
      AP  -  297 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      190 15 AND ENTERTAIN A Yen For Fresh Japanese Food. WM 9! f"g 3 LUNCH: 12.N00N i 5 j TO 2 15PM 1 fcfi S DINNER: 6.30PM TO S-ymm m 10.ISPM. EE I PRICES SUBJECT —I TO 10% SERVICE PBiMH I*= a CHARGE AND t 4%cess. Unkai flies in fresh ingredients daily
      190 words
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      Page 15 Advertisements Column 2
      45 15 Chinese cuisine, best of Thai. L jffff Over 120 mouthwatering specialities and an array of irresist i He Thai desserts. Her Mum RESTAURANT 583 Orchard Road 101 Thomson Road #01-16 Forum Galieria #61-66 United Square Singapora 0923 Singapore 1130 Tel: 732 5688 Tal: 252 5830
      45 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Profit-taking sends market slightly lower
      903 16  -  By Magdalene Ng PROFIT-TAKERS emerged yesterday to pare recent gains on the Singapore stock exchange in relatively active trade. Brokers said local share prices opened broadly firmer on continued buying interest in line with Wall Street's sustained rally overnight. Cautious investors, however, soon decided to
      903 words
    • Article
      Untitled
      3557 16 Gr's Gr's ,W Tel Last Vol Day Last Quote Dir Dtv VM Net M Cap H Company Sale +or- fOOO) High Low Buyer Seller CVr P/E Soil INDUSTRIAL i COMMERCIAL 262 191 X 1000 Aetna 260 +1 1201 262 2S9 260 261 159.4 290 165 1142 Alex Hides SO* 290
      3,557 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4254 17 Main Board Cold Stora* H 525 20 4.0% Keppei Corpn 815 +15 S1A Foreign 1890 +10 +0.5* DBS Foreign 1410 +10 +0.7* OCBC Foreign 1050 +10 +1.0* SPH 805 +10 +1.3* Ming Court 560 +10 +1.8* Partway H 50* 338 +10 +3.0* CACWt 230 +10
    4,254 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      202 18 ftmpinj Data Yur GmipNtt Nat aaratags 6ra«s mm to praM/tots (L) par thara dMdaad (000) (carts) B Sembawang Jul 5 Mar 90 $13.4S4($6.793) 56 1(28 3a) 35n(15a) IMro Hklgs Jul 4 Mar 90 $8,006(110.219) 14.6( 18.7a) 4(2.7a) Rotkmare M U4 Mar 90 M$105,988($98.362) 37.1(34.5) 30h(45) S«ora Fodder Jul
      202 words
    • Article
      PRELIMINARY RESULTS
      190 18 fiBpr j Date Year Grtwp pn-tax N«t earning Grow m t* pf©m/te*« (L) par dhrtd^d COM) (CMts) IUjM Hussam Jul 13 May 90 M$30,105(M$15.338) 21.8(11.1) 5(4) PtfeV BM M 12 Ma* 90 M$14.247(M$10,387) 6.5(4.6) 10(8) tseten MS Mar 90 $32.090p($19.078) 48.5(39.1) 14(10) AlexHMgs Jon 29 Mar 90 $1.786($1.672)
      190 words
    • Article
      INTERIM RESULTS
      153 18 C~M-y 6r^ f l»rt-Ux n > mh to pnM/litt (U dmiino ('000) M Cement Jul 12 May 90 MJ29.627(MJ14.717) 7.5(6) r .Ganta HMbs Jun 29 Mar 90 M$3.237L($2,236l) Pacific Can Jun 29 Mar 90 S6SL( Samanda HWgs Jun 2S Mar 90 M$4,997(J5,120) CASH Jun 26 Feb 90 MJ669MJ5001)
      153 words
    • Article
      DIVIDENDS ANNOUNCED
      628 18 Currant Mu Tatal «nr Total lar MnWp 6% Aug 28 Sep 7 Sep 26 6% 6% MR NYA Jun 20 Jul 5 Aug 15 NYA 129scn Ma Padk 1541(1) Jul 4 Jul 16 Jul 20 15.4% 358% Mm 7.5%TE(I) Oct 12 Oct 25 No* 15 7 5*TE 25%Tt
      628 words
    • Article
      RESULTS DUE
      753 18 !h|ipiri Stocks Last Fad Yoar Capan* NM Date Tea M EPS Gran M annate* at*g (cab) pre* M ra (TOM) Leang IM Menm Mar 30 Dec 89 5351(h) 06 Menm Apr 26 tol 90 9.3(a) 2.371(a) 4.747 Tat Laa tan Fatal ton 1 Dec 89 12 3 8
      753 words
    • Article
      BONDS, LOANS & WARRANTS
      627 18 BONDS, LOANS WARRANTS Cmpif Ctmmntm paM Mi (m fcr mm artftaay CSC Mm 26/4/93 hS^MSS C—ay L— W 2/10/89 to 20/10/94 1 wvrat plus $1 ca* or 1 wwrat ptos >1 noun* amount of loan skid OtoaHfltalni Chan m March 87 to 31/12/91 1S5 warrants ptos >1.55 ca* GtoM Hp
      627 words
    • Article
      CORPORATE DEVELOPMENTS
      332 18 at Jd IS Smgmame Industries, a Keppel Corp subsidiary, has acquired a cruise chartering company, Orient Charters. Tokyo-based MRsri OSX Lines has set up a joint-venture company, Mitsui OSK (M), with Malaysia Shipping Agencies (MSA). The paid-up capital for the new company is M 5300,000. United Mstriai Corporation
      332 words
    • Article
      APPROVED ISSUES
      298 18 Company Rights Issue ■Step One-torthree 0 KJ160 per share (30.131m IS Convertible Unsecured Loan Stock of MSI 00 nommal value to be sued on the bass of 1 CULS lor every shares held. Ei-date Jun 6 Books dose Jun 20 Acceptance I Payment Aug 6 KMa Kales (KX)
      298 words
    • Article
      PROPOSED ISSUES
      499 18 Company Rights Issue CjNMway kn Capital reduction scheme to reduce par value ot shares from $100 to $0 60; fbghts issue o» 3:2 fc $0.60 per share OM One-tor-one fe MJ4 00 per share Every tour ngMs shares would be issued •nth one TSfi OB One-tor two $1
      499 words
    • Article
      COMPANY MEETINGS
      241 18 Transmarco Ltd: AGM at 65 Chulia Street. #334)0 OCBC Centre, Singapore 0104 on Friday, Jufy 20, at 11.30 am. Metro Hotdhp Ltd: 17th AGM at 65 Chulia Street #334)0 OCBC Centre. Singapore 0104 on Friday, July 20, at 12 noon. Sngapore Mks Limited: 18th AGM at the Bencooien
      241 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      347 18 MAJOR INTERNATIONAL BROKING HOUSE Investment Analyst (Ref 1002) If you are a mature, dedicated and resourceful person who has a good knowledge of the Singapore and Malaysian share market, and is ready to further your career in a fast-moving environment, our client, a leading international broking house, would like 1
      347 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market fails to sustain initial gains
      3782 19 Bernama, MBT PROFIT-TAKING surfaced yesterday to cut short the three-day rally on the Kuala Lumpur stock market, with share prices closing mixed. It initially appeared that the market was headed for a fourth straight session of gains when share prices opened a shade firmer.
      Bernama,; MBT  -  3,782 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      265 19 AT SHERATON IITTII THINGS MIAN A lOT AT SHERATON UTTU THINGS MIAN A lOT AT SHfIATON O < m Z 2 he could hardly of bed to open the Heaton refused to let us call in a doctor. So our waiter took the Asia's panacea for o It all happened
      265 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes higher on eleventh-hour buying
      2315 20 Reuter TOKYO stocks yesterday closed higher on a spurt of futures-related arbitrage buying in the final moments of trade. Market sentiment was otherwise cautious after an early rally fizzled out, but many brokers expressed subdued optimism for the near term. "There are technical signs
      Reuter  -  2,315 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market loses ground on profit-taking
      2482 20 Reuter, AFP HONGKONG'S main market barometer, the Hang Seng Index, ended lower yesterday as profit-taking on last week's big gains continued for the second straight day. The Hang Seng Index shed 24.91 points to end at 3,463.94. "It's a healthy retreat," said Antony Mak, of
      Reuter,; AFP  -  2,482 words
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  • REGIONAL STOCK MARKETS
    • Steady buying lifts Aussie stocks
      • Article
        Untitled
        85 21 Cloae Pwtwi Jaiy 17 SYDNEY All Ordinaries Index 1,623.0 1,607.8 +15.2 All Industrials Index 2,522.2 2,499.2 +23.0 All Resources Index 935.9 926.890 +9.09 Turnover (million) 67.18 87.27 -20.09 BANGKOK SET Index *****6 1054.84 7.72 4 Turnover (nearest *000) NA NA JAKARTA Composite Index 629.50 630.73 -1.23 Turnover (nearest *000) NA
        85 words
      • Article
        Untitled
        293 21 la local evreacy la SS la USS day year day year day yew J«*y 16 ladex ckmm dmm ckmm cha—t Worid 438.9 0.8 -5.6 0.4 -9.3 0.4 -51 JEAFE 610.4 0.9 -10.4 0.7 -13.3 0.7 -9.3 Europe 4S8.7 0.3 1.8 -0.1 4.0 -0.1 8 8 Pacific 1043.4 1.4 -17.6 1.3
        293 words
      • Article
        AUSTRALIA
        1160 21 STEADY overseas and domestic buying gave the sharemarket a boost with the All Ordinaries Index, the leading indicator, closing 15.2 points higher at f,623.0, brokers said. w Brokers said the market took its lead from New York, where the Dow Jones Index closed 19 points higher. "There was good
        1,160 words
      • Article
        BANGKOK
        676 21 THAI STOCKS rallied in moderate trading yesterday, with banks and finance firms leading the advance, but prices closed off highs on late profit-tak-ing, brokers said. They estimated the composite Set Index closed 8.31 points higher at 1,062.56 after it rose 14 points halfway through the session. Bangkok Bank gained
        676 words
      • Article
        TAIPEI
        366 21 TAIWAN stocks closed higher in a technical rebound as investors entered the market after early, quiet gains, dealers said. The weighted index rose 108.66 points, or 2.3 per cent, to close at 4,818.41 compared with Monday's 4,709.75 finish. Turnover climbed to NTS 37 billion from NT532.9 billion. Dealers said
        366 words
      • Article
        MANILA
        474 21 PHILIPPINE shares firmed further in light trade despite a powerful earthquake that shook the capital and several northern provinces. The Manila Stock Exchange composite index rose 5.67 points to close at 897.17 yesterday. The combined volume at the two bourses eased to 291.92 million shares worth 77.48 million pesos
        474 words
      • Article
        NEW ZEALAND
        431 21 NEW ZEALAND shares closed modest- ly higher but well off their day's highs, as the market consolidated after a rush of buying support in early trade. "It started off with a bit of a hiss and a roar, with some overseas buying still overflowing from the weekend," said
        431 words
      • Article
        JAKARTA
        578 21 PRICES on the Jakarta stock exchange ended mixed, with the composite inddx easing 1.20 points to 629.50. Pulp and paper producer Indah Kiat fell 250 rupiah to 10,950 on the regular market on its second trading day with 8,500 shares changing hands. On the block board for lots of
        578 words
      • Article
        Untitled
        684 21 Seoul JULY 16 Wm (XX)) A nam Electric Ind 192 5 A nam Ind 220 3 Ankuk Insu 252 unch Asia Cement 283 36 Asia Motors 202 4 Bank Of Che Ju 165 -4 Bank Of Pusan 124 unch Bank Of Seoul 105 unch Byuck San 192 16 Cheil Sugar
        684 words
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  • WORLD STOCK MARKETS
    • Dow comes very close to 3,000 mark
      • Article, Illustration
        NEW YORK
        1237 22 US BLUE CHIPS turned on a last-min-ute advance to come within a hair's breadth of closing at the 3,000 level after futures-related sell programs and profit-taking eroded heftier afternoon gains. Although it failed to close above the 3,000 barrier, the blue-chip index climbed to its third new high
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      • Article, Illustration
        LONDON
        802 22 LONDON share prices opened firmer, lifted by a 19-point rise on Wall Street and boosted further by FTSE futures, with the September contract showing an 80 point premium over the cash market, dealers said. By 0945 GMT the FTSE index was 13.5 points up at 2,420.0, the day's high
        802 words
      • Article
        BRUSSELS
        184 22 Belgian shares were mixed to lower in early trading as steel cord and steel wire maker Bekaert plunged 7 per cent after the company reported a drop of more than 50 per cent in first-half consolidated profit. Bekaert dropped 1,000 francs to 13,000 francs as first-half profits sank mainly
        184 words
      • Article
        FRANKFURT
        172 22 PRICES of West German shares opened weaker across the board on profit taking after recent gains and on foreign investor selling, mainly from England. "People are realising the bourse hasn't got the strength to reach new highs and are pulling out," said one trader. Selling orders focused on car
        172 words
      • Article
        MILAN
        159 22 SELLING pressure drove Milan share prices lower at the opening in reduced volume, with only the banking and ce- ment sectors moving against the downward trend, brokers said. The MIB index was down 1.2 per cent at 0900 GMT. Blue chips continued to perform poorly. Fiat ordinary slipped to
        159 words
      • Article
        ZURICH
        347 22 SWISS shares opened slightly lower as the weaker Swiss franc weighed on the market, dealers said. The SMI index of leading shares fell 7.2 points after about 10 minutes of trading. Traders said after Monday's all-time high a consolidation had to be expected. The weaker franc dampened hopes that
        347 words
      • Article
        JOHANNESBURG
        363 22 JOHANNESBURG gold shares weredrifting around slighty easier levels in slack trading at noon on Tuesday as the market cautiously waited for fresh dues, dealers said. Very few shares had been traded,' they said, among which heavywetgttf; Vaal Reefs was off four rand at 286 ana Randfontein 15 cents easier
        363 words
      • Article
        TORONTO
        212 22 TORONTO stocks, boosted by a rally! in resource shares and a firm Walk Street, closed at session highs in moderate trade on Monday. The Toronto Stock Exchange-306 1 climbed 42.47 or 1.18 per cent fcti 3,638.85 on volume of 18.53 shares. Advances led decline* 348 to 223. >« i
        212 words
      • Article
        PARIS
        156 22 FRENCH share prices opened higher, boosted by Wall Street's record close, with trading active in cement maker Lafarge and oil company Elf Aquitaine, dealers said. The CAC-40 index started at 2,023.97 after closing at 2,015.59, and rapidly climbed to a high of 2,025.20. Lafarge gained six francs to 466.50
        156 words
      • Article
        Untitled
        260 22 Other markets in Europe, South Africa and Canada mm Amsterdam July 16 Fh ABN 36.80 +0.1 Aegon 132.60 +0.1 Ahold 142.60 unch Akzo 122.70 -1.6 Alrenta 158.10 +0.5 AMEV 58.20 unch AMRO 73.30 +0.6 Ass. Stad 46.30 unch BOLS 185.00 +0.5 Borsumy 92.00 -0.7 Buehrman Tetterode.... 74.40 +0.3 CSM 90.10
        260 words
      • Article
        Untitled
        84 22 July 16 Close Preview NEW YORK Dow Jones 2,999.75 2,980 20 +19.55 NYSE Financial 145.95 145.06 +0.89 SAP 500 368.95 367.31 +1.64 Turnover (million) 149.43 215.6 -66.17 LONDON Financial Times 30 1,900.9 1,880.1 +20.8 FTSE 100 2,406.5 2,382.2 +24.3 Turnover (million) 346.9 399.2 -52.3 AMSTERDAM CBS General 202.2 201.2 +1.0
        84 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends steady in quiet trade ahead of US trade report
      1177 23 FOREX MARKET REPORTS THE US DOLLAR yesterday closed barely changed against the yen and shghtly higher against the mark. Trading was quiet ahead of the May US trade data due out at 1230 GMT last night and US Federal
      1,177 words
    • Article
      INTERBANK FOREX RATES
      401 23 Cra— rates July 17 I USJ S$ MS Dm Yen SFr AS NZS USS 1.8175 2.7030 1.6555 147.95 0.5559 1.4190 1.2706 1.6863 S» 0.5502 1.4872 0.9109 0.8140 0.3058 0.7807 0.699 0.9278 MS 0.3700 67.24 0.6125 0.5474 0.2056 0.5250 0.4701 0.6239 Dm 0.6040 1.0979 1.6327 89.37 0.3358 0.8571
      401 words
    • Article
      MONEY MARKET
      565 23 Interbank rates S$ Bid Offer Overnight 5 1/4 5 1/2 1-month 7 1/8 7 1/4 2-month 7 1/8 7 1/4 3-month 7 1/8 7 1/4 Qvernight mode: 5-3/8 t'S$ m Offer 7 days 8 3/16 8 1/16 1 month 8 3/16 8 1/16 2 months 8 3/16 8
      565 words
    • Article
      Lock icon Bank of Japan letting money rates rise
      322 23 Reuter THE BANK of Japan (BOJ) has been allowing money market rates to edge up marginally this week as part of its efforts to raise bond yields, money traders said in Tokyo yesteixiay. "The BOJ's target is the August long-term prime rate," said
      Reuter  -  322 words
    • Article
      FINANCIAL FUTURES
      1610 23 SIMEX Open High Low Sett Est Vol Op/Int Vol 1 Sep 90 91.93 91.94 91.93 91.94 1434 ***** 5608 Dec 90 91.96 91.97 91.95 91.96 1715 9197 5739 Mar 91 91.91 91.93 91.91 91.93 621 3224 1078 Jun 91 91.73 91.75 91.74 91.74 209 814 481 Sep 91
      1,610 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Rising Australian dollar set to hit commodity income
      465 24 Reuter THE RECENT STRENGTH of the Australian dollar will hit the country's commodity earnings, analysts said in Sydney yesterday. "Each one cent rise in the local dollar against the US dollar cuts farm returns by nearly As2oo million a year," said Terry
      Reuter  -  465 words
    • Article
      Kuching to hold meeting on sago
      148 24 MORE THAN 100 experts and specialists from Malaysia, Indonesia, Singapore, Japan, the UK, the Netherlands and Papua New Guinea will take part in the 4th international symposium on sago in Kuching from Aug 6 to Aug 9. The four-day symposium, which is jointly organised
      148 words
    • Article
      Selling pressure sends tin lower by 18 sen
      842 24 REPORTS THE PRICE of tin slipped 18 sen to M$ 15.85 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday on selling pressure and buyers' reserve, traders said. The downtrend was in line with the overnight drop on the London Metal
      842 words
    • Article
      PRICES
      1350 24 Rubber My t? Its h Mm) Sccnta/kg Noon Close Intl RSS Prompt I53.2VI54.25N I53.50/I54.50N Int I RSS Aug 90 I54.2V154.75 !54.5<yi55.00N Intl RSS Sep I54.7VI5S.2S 155.00/155.50N Int 2 RSS OP 152.50/154. SON 152.50/IS4.50N Int 3 RSS OP 148.00/1 SO.OON 148.00/150.00N Int 4 RSS OP I44.0CV146.00N 144.00/146 00N Int 5
      1,350 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      432 24 NOTICES TEE COMPANIES ACT CAP M IN TEE MATTES OP CABLOWITS CO (8) PTE LTD (la Itorttn' Veiaatary UaaMattea) NOTICE or PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act Cap 50 that a Pinal Meeting of the members of the above-named comBoiy will be
      432 words
    • Advertisement
      Page 24 Advertisements Column 2
      261 24 IN m MATTER OP IB COMPANIES ACT, CAP. M QUALQUKBT PRIVATE LIMITED (la Morn ken' Vetutary LiaiMatlM) PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 50 that a Pinal General Meeting of the Members of the abovenamed company will be held at 111
      261 words
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      Page 24 Advertisements Column 3
      15 24 Read Cliartpoint, a guide (o investing in the stoek market. Every Saturday in Business Times.
      15 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1028 25 CKy FlgM ETA FUglrt ETD City Fight ETA Fig* ETO AkaDhaM GA895 1235 MH/SQ671 1800 SQU4 1745 Ml lo 1A 1 oOv AdMalda QF7 2035 SQ227 2250 MH644 1900 SQl18 1945 Dmmm SQ113 1950 SQ120 2100 ™SQ115 2005 MH624 2225 nmtalim GA895 235 KL814 1720 MH617
    1,028 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Mass tourism rears its ugly head
      690 25  -  LETTER FROM CYPRUS By Jacqueline Reditt AS BULLDOZERS roar into action each sunny morning on Cyprus many feel they may be digging a grave for the fate of tourism on this Mediterranean holiday island. Though the money keeps rolling in as bigger hotels and
      690 words
    • Article
      MONEY CHANGER RATES
      152 25 As aft 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4240 1.4440 Canadian dollar 1.3530 1.3730 NZ dollar 1.0630 1.0930 Sterling pound 3.2600 3.2800 US dollar 1.8140 1.8240 Local 4ollan to 100 units of foreign currency Austrian schilling 13.30 16.30
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      159 25 Duration Title Venue Organiser Td July 24 How To Profit From Hyatt A1C 03-*****43 k 25 The Coat Control Revolution Aryaduta Hotel .Jakarta Conference July 30. Property Financing Jakarta AIC *****98 31 Hilton Conference July 30New Trends In The Hilton Hotel AIC 03-*****43 31 Hotel Resort Industry
      159 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      51 25 A t W I\ r W* 1 'hi huMno* 1/ I I M .ind"*unil.n. 4 taxing* hjn^i K I I II m \irport Jt hour< anJ jrrivint.» H. A JL_ 1 l'tjr«>n lnurn.itinn.il Vrport the .11>.. A l; i: I I i: O K\: I si! A i i: Air
      51 words
    • Advertisement
      Page 25 Advertisements Column 2
      618 25 July 1990 Hilton Hotel I Keynote Addressby Ku.U Lumpu,. 30-31 Jul, 1990. Hilton Hotel I iTl^'liSS*'' Top level speaker* will address pertinent Issues like: panel of international local I Senior Investment Adviser Investments A Current Opportunities In Hotels At industry experts: I EIE International Resorts In South Fast Atla Achlm
      618 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      269 25 1 1 Novel comment on a sue- Pi Pi f f f i H 9 The board's absence is sig- 3 j" j j 10 Contract to build a viaduct ~HH HI 11 It's wicked to make a quick 11 I J I j 12 Nothing austere a per- ma
      269 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      208 25 Singapore Outlook: Showers over several areas ia the morning. Report Max temp. 31.9"C Assoc humidity 63% Min temp. 23.5"C Assoc humidity 97% Hrs of sunshine 10.80 Rainfall in mm Nil Rainfall this mth 52.9 Rainy days this mth 6 World forecast Asia-Pacific Hi/Lo* Coad. Auckland 15/09 Showers Bangkok 34/26 Fair
      208 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      42 25 H.bJli.MiSßWßlßl~epiDc*ess| toe could PiAy J^T^\ ~vr o 0,,-, x -wis «oeifir" to V/OfiLP CoP I v B*gs\ €»®&N-"W. DE.SK TOP V i ck J K! V —W \JOTITf r^n a SSb r- j" L C EVENMO STANDARD CO LTD IM2-IMO VJ— I
      42 words
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  • Article
    POSB Bank's surplus hits record high of $295m
    424 26  -  By Quak Hiang Whai RISING interest rates on the interbank money market has boosted POSB Bank's net surplus to an all-time high of $295.3 million for 1989, an increase of 71 per cent over the previous year. The 1989 net surplus, which
    424 words
  • Article
    Lock icon Korean tax reform plan unveiled
    163 26 Reuter SOUTH KOREA'S Finance Ministry has proposed a major tax reform aimed at simplifying the corporate tax structure, reducing the tax burden on wage earners and discouraging real-estate speculation. The proposal will be presented to Parliament in September after deliberation by a committee formed by
    Reuter  -  163 words
  • Article
    Lock icon Vietnam eases foreign investment restrictions
    164 26 AP VIETNAM has amended its foreign investment law to let private groups cooperate with foreign organisations, the official Vietnam News Agency said yesterday. Only state organisations were allowed such contacts under the original taw issued in December 1987. The report said the amendment opened the
    AP  -  164 words
  • Article, Illustration
    MCA deputy president calls off challenge for top post
    416 26 THE PRESIDENTIAL fight in the Malaysian Chinese Association is over after the party's deputy president, Datuk Lee Kim Sai, yesterday called off his challenge against Datuk Dr Ling Liong Sik following a four-hour meeting of the party's central working committee. Datuk
    416 words
  • Article
    Lock icon American trade deficit hit US$7.73b in May
    422 26 AP THE US trade deficit climbed to U557.73 billion in May, reflecting a big jump in imports of oil and foreign cars. The US Commerce Department said yesterday that the May trade deficit was S.B per cent higher than a revised April imbalance
    AP  -  422 words
  • Article
    Lock icon Air India chief leaves for MNC in S'pore
    179 26 AFP AIR INDIA chief Rajan Jetley, who transformed the company from a loss-maker into one of the most profitable in India's public sector stable, has resigned. An airline spokeswoman in New Delhi yesterday said that Mr Jetley, 40, had quit to join
    AFP  -  179 words
  • Article
    Lock icon France seen to be courting Japan for fear of Germany
    337 26 Reuter FRANCE is seeking better relations with Japan to offset the political and economic might of a unified Germany, a Japanese Foreign Ministry official said yesterday. His comments came two days before the arrival in Tokyo of French Prime Minister
    Reuter  -  337 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      208 26 _cfe_ Baume Mercier GENEVE 1830 Experience culinary adventure enjoyed by world leaders... CHINESE CULINARY MASTERPIECES OF THE CENTURY from China, Hong Kong and Taiwan. DIAOYUTAI STATE GUESTHOUSE, M^ r Generous sening of superlative shark's fin, fish maw. Here is a rare chance for you to indulge in the finest Chinese
      208 words
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      Page 26 Advertisements Column 2
      4 26 Baume Mercier GENEVE 1830
      4 words
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  • Shipping Times
    • Article, Illustration
      80pc of additional space at PPD taken up
      413 27  -  By Rahita Elias THREE MONTHS before the new building at Pasir Panjang Distripark (PPD) opens its doors, almost 80 per cent of its space has already been snapped up proof of the continued warehousing boom in Singapore. The three-storey building, initially scheduled
      413 words
    • Article
      Lock icon Macau governor backs HK airport project
      170 27 AFP MACAU Governor Carlos Melancia has lent support to Hongkong's planned new airport as he wound up a oneday visit to the British colony. Mr Melancia said on Monday that Macau's planned airport would not compete with Hongkong's mammoth airport project. His Hongkong counterpart
      AFP  -  170 words
    • Article
      Lock icon Japanese asked to build Saudi tankers
      125 27 Reuter SAUDI ARABIA has asked najor Japanese shipbuilders :o build very large crude earners (VLCC) and 140,000iwt Suezmax crude carriers o strengthen its crude oil ihipping fleet, Japanese inlustry sources said. Arabian American Oil Co Aramco) and Saudi Arabia's tanker chartering arm, Vela, visited
      Reuter  -  125 words
    • Article
      Lock icon Inui may appeal against wage compensation
      160 27 AFP INUI Steamship Co, a leading Japanese shipping company, will lodge an appeal if ordered by a US court to pay U5543.5 million to settle a dispute with its Filipino sailors, Inui officials said. Inui president Hidefumi Inui was quoted by company officials as
      AFP  -  160 words
    • Article
      Lock icon Australia expected to merge Telecom and OTC
      274 27 Reuter AUSTRALIA is set to merge state-owned domestic telephone company Telecom Australia with the international carrier OTC Ltd and to privatise the debt-ridden Aussat satellite company, government sources said. They said tentative agreement on the reforms was approved by a committee of Labour
      Reuter  -  274 words
    • Article
      Indonesian-made planes poised to enter world market
      185 27 INDONESIA'S first locally produced planes are scheduled to enter the world market in the mid-*****. BJ Habibie, president of state-owned carrier Nusantara Aircraft (IPTN), told the Jakarta Post that "the first flight of N-250s will be in 1995, coinciding with the 50th anniversary
      185 words
    • Article
      Lock icon China buys four Airbus aircraft
      101 27 AFP THE Chinese government has agreed to buy four Airbus A3OO-600s for a total of some US$4OO million, an industry source in Beijing said. The medium-range planes, with a capacity of 250 to 300 passengers, will be delivered between 1993 and 1995 for use by
      AFP  -  101 words
    • Article
      TSK starts S'pore-HK cargo service
      384 27  -  By Dexter Lee IN A MOVE to optimise use of its Asia Container Express service, Tokyo Senpaku Kaisha (TSK) Line has started accepting Hongkong-bound cargo from Singapore. The latest service, which started last Thursday, entails loading cargo bound for Hongkong in Singapore on its vessels
      384 words
    • Article
      Thai government asked to support aviation activities
      232 27 THE THAI government has been urged to support the development of four new aviation activities in efforts to establish Thailand as the main aviation hub in Southeast Asia. Involved in the ambitious plan, spearheaded by the Transport and Communications Ministry, is the promotion
      232 words
    • NEWS SUMMARY
      • Article
        Air-India chairman resigns
        48 27 THE chairman and managing director of Air-India, Rajen Jetley, has resigned to take a new job outside India. He will be replaced on an interim basis by finance director Subhash Gupte, a company spokesman said, but declined to give details about Mr Jetley's new job.
        48 words
      • Article
        Sumitomo Heavy wins Greek order
        41 27 SUMITOMO Heavy Industries Ltd has won an order to build a 280,000-tonne very large crude carrier (VLCQ from the Greek shipping firm Onassis Group. The VLCC will be double-hulled and is scheduled for delivery in 1993.
        41 words
      • Article
        Happy days are here again
        40 27 IN CONTRAST to the transatlantic routes, where difficulties for lines appear to be resurfacing, the transpacific container trades are slowly returning to better health. Traffic volumes are up, and freight rates are firming. Page 2
        40 words
      • Article
        Pact frees up NZ-Aussie services
        41 27 FOLLOWING the attainment of free trade in goods between Australia and New Zealand five years ahead of schedule, the two countries have signed a protocol aimed at freeing up the trans-Tasman trade in services Back Pate
        41 words
      • Article
        Philippine see cargo traffic up
        21 27 PHILIPPINE ports have posted higher cargo traffic for the first half of this year. Back Page
        21 words
    • LOG BOOK
      • Article
        Wallenius Lines buys stake in Bilspedition
        61 28 SWEDISH shipping company Walleniusrederierna AB (Wallenius Lines) has acquired 2,402,208 restricted A-shares and 110,918 free A-shares in Swedish haulage firm Bilspedition AB. Wallenius Lines said this gives it 8.06 per cent of the share capital and 15.65 per cent of Bilspedition's votes. Earlier, Sweden's
        61 words
      • Article
        Bohai oil production starts
        74 28 JAPAN-CHINA Oil Development Corp and China National Offshore Oil Corp have started commercial production of crude oil at one of their jointly developed oil fields in the Bohai Gulf, a Japan-China official said. Output of Bohai Light-2 crude at the 8Z34-2/4E field, some 200 km off
        74 words
      • Article
        Higher award for subcontract
        86 28 ROCKWELL International Corp said its Collins Defence Communications (CDC) unit has been awarded a US$6.2 million increase to the Milstar Low Rate Initial Production (LRIP) subcontract from the Raytheon Co. The company said that with the addition of this award, CDC has received US$2l5 million for
        86 words
      • Article
        Pakistan launches first satellite
        73 28 PAKISTAN'S first satellite was successfully launched into orbit from China's launch centre in Sichuan province on Monday, Pakistan Space and Upper Atmosphere Research Commission (Suparco) officials said. Prime Minister Benazir Bhutto said the successful launch of the 50 kg satellite, named Badr-1, is "a source of
        73 words
      • Article
        AT&T signs network agreement
        73 28 AT&T has signed an agreement with Toshiba Corp to help build a network that will link the company's 220 offices in 36 countries by 1992. The company said the communications hubs in Los Angeles, London and Tokyo will be linked through the Pacific Link and the
        73 words
      • Article
        S'pore bulker in collision
        46 28 SINGAPORE bulker Torm Alice was in collision with a fishing vessel when leaving San Vicente in Chile in dense fog on July 12, Lloyds Shipping Intelligence Service said. Both vessels were damaged. The 44,969-dwt Torm Alice is anchored in San Vicente Bay.
        46 words
      • Article
        Hydrogen plane venture
        60 28 DEUTSCHE Airbus GmbH, the West German arm of Airbus Industrie, has agreed with the Soviet Union to develop jointly jet aeroplanes run on hydrogen or frozen methane. Deutsche Airbus said in a statement that the craft, to be based on the A-310, will use hydrogen or frozen
        60 words
    • Article, Illustration
      Lock icon Happy days are here again
      845 28 Container shipping in the transpacific is returning to better times, and lines in a stronger position with the Transpacific Stabilisation Agreement are determined to push through higher freight rates Lloyd's List IN CONTRAST to the transatlantic, where difficulties for lines appear to be resurfacing, the
      Lloyd's List  -  845 words
    • Article
      Lock icon Cleaning up is big business for some companies
      612 28 NYT FROM the Exxon Valdez to the Mega Borg, when a tanker's oil hits the water these days, huge sums are spent on cleaning up for booms to stop the oil from spreading and skimmers to separate the oil, and for manpower.
      NYT  -  612 words
    • Article
      Lock icon WEEKLY FREIGHTS
      556 28 AFP A stabilisation after the long-run-ning world freight rates decline was reflected in the first weekly climb in index numbers of the summer so far on the London market in the past week. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index (BFI) ended 11 points up
      AFP  -  556 words
    • Article
      THE SHIPPING GUIDE
      12439 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,439 words
    • SHIPS IN PORT
      • Article
        DAILY FREIGHTS
        1086 43 CHARTERING on the freight market was fairly routine on Monday, with rates holding steady, brokers said. A 52,000 long ton heavy grain shipment from the US Gulf to Japan was secured at an unchanged US$lB for early August loading, while a 120,000 long ton iron ore cargo from
        1,086 words
      • Article
        AT CONVENTIONAL WHARVES
        530 43 VmmI 1*1 No Berth Mnl (tapvte* Kippd Wlu Continent 1 rvM 6/90 K29 alongside 18.07/0700 frotasantos 56WB K18 alongside 17.07/2300 H Jnpran 43 F90 C09 atongside 16.08/2359 Kota Petal* 34/90 K31 atongside 18.07/0230 Mostwwn 8 *****1 K33 atongstoe 17.07/2300 Ronghuashan 5 K32 alongside 17.07/0500 Shaptoewet 3W K30
        530 words
      • Article
        CONTAINER SCHEDULE
        1101 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bootonf/Batance Mb Si Sty toy No Period From To Fran P ol OkM Space toD 1A 2 16/1700 17/0659 17/0900 3 Cance Lied 4 17/1200 17/1159 17/1700 Pi ta bd. 4A 3 17/0700 17/1159 17/1400 4 17/1200 17/1459 17/1700
        1,101 words
      • Article
        IN MALAYSIAN PORTS
        308 43 Pwt Kl—t South Port on My 17: Tomoe 508 berth 1; Encounter berth 2; Pac. Ocean berth 3; Kris Merutx berth 4; Hung Lee II berth 7; Mercury berth 7A Choon Hong 111 J. BCT; Petro Mewah i. Shell. KCT: Wah Hai 202 berth 8; Eagle Cloud
        308 words
    • Article, Illustration
      Pact frees up NZ-Aussie services
      412 44  -  From Brian Gomez in SYDNEY FOLLOWING the attainment of free trade in goods between Australia and New Zealand five years ahead of schedule, the two countries have signed a protocol aimed at freeing up the trans-Tas-man trade in services. One of the first targets under
      412 words
    • Article
      Lock icon McDonnell Douglas to reduce workforce
      117 44 NYT THE McDonnell Douglas Corp said on Monday that it would eliminate as many as 17,000 jobs, or nearly 13 per cent of its workforce. The cutbacks represent the most striking example yet of the economic impact of declining Pentagon spending and the intense competition
      NYT  -  117 words
    • Article
      Lock icon Eastern talks unsuccessful
      196 44 NYT ATTORNEYS for Eastern Airlines met representatives of the US Attorney's office in Brooklyn on Monday but were unable to reach an agreement in a grand jury investigation of the carrier's maintenance practices at three airports. Workers at Eastern are accused of falsifying maintenance records at La
      NYT  -  196 words
    • Article
      Philippine ports post higher cargo traffic
      252 44  -  From Al O Labita in MANILA CARGO TRAFFIC at Philippine ports totalled 46.16 million metric tonnes (mt) from January to June this year, a 7.37 per cent jump from 42.99 million mt in the same period last year. In its latest report released recently,
      252 words
    • Article
      Lock icon IHI parts for Pratt & Whitney
      87 44 IHI parts for Pratt Whitney Reuter JAPAN'S Ishikawajima-Hari-ma Heavy Industries Co Ltd may start supplying parts for aircraft engines produced by United Technologies Corp's Pratt and Whitney division, an IHI spokesman said. Pratt and Whitney is developing an engine for the Boeing 777, a next-genera-tion jetliner being developed by The
      Reuter  -  87 words
    • Article
      Lock icon Iberia bidding for Argentinian airline
      193 44 Reuter ARGENTINA has moved a step closer to its second major privatisation when it disclosed on Monday an offer made by an investment group headed by the Spanish Iberia airline for its Aerolineas Argentinas carrier. Iberia and its local partners, which include Cielos del Sur
      Reuter  -  193 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      230 27 I M UNITED I 11U5 LEASING! SERVICES PIE LTD Call Te1:471 3033 SEND A COUNTRY REPORT Mow and then, you send performTti Straits Time ance reports to your head omc^ e or EB392BEDDBBBB2BZBBBfIBB3BBHI it yourself. Because there s The Straits PMLcfcxetot—n,t»a»mmtkmi People-they're Times Weekly Overseas Edition. The 'S'poreans must mrior
      230 words
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      Page 27 Advertisements Column 2
      30 27 Cootamr Mrti 17 My In** r V Ma to Mwrtavs _3 Shvpnt Gtade 40*11 Staps n Pod i. 17 Support Tbo 17 Weather and Sea Conftbom 17 Weekly treats 2
      30 words
Page thumbnail Page 28
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      68 28 HAVE A CONVENTIONAL VESSEL ACCEPTING BREAKBULK CARGOES ETA SPORE 4TH AUG '90 FOR: ADEN, TRIPOLI (LIBYA), ALEXANDRIA FOR BOOKINGS PLS CONTACT ARTHUR KHOO/CAROL SOON/CAROL SEAH AT *****11/*****07/*****21/*****28 agents B BORNEO SHIPPING PTE LTD MAS BULOMG 91 M3*)7 L J«K,LLJRIII| 10 SHENTON WAY. SPORE 0007 ■MIFTTWIM TLX RS ***** CABLE SHPBORNE
      68 words
    • Advertisement
      Page 28 Advertisements Column 2
      77 28 $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS Defence group restructures its sprawling empire e How should Singapore use its reserves? e A tax haven on Singapore's doorstep e Scouting new territories for markets e The Singapore label finds a niche abroad e It's time for Malaysia's Silicon Island to move
      77 words
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      Page 29 Advertisements Column 1
      2033 29 jA«DiwnMirpiwrAssi^^^^^^^^^ 200 Cantonment Road #12-05 SmttipoinL Sinppore 0208 \|V |f/ Tel *****11 TELEX NO RS ***** ■llliaw TERMINAL/CFS Tii *****11 220 bookings Tei mm* 235 L VOQGf J PESAKA JARD4NE SNIPPING AGENCIES SON. MO PW KELANG TEL *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6
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      Page 29 Advertisements Column 2
      1181 29 INDEX Page Col Page Col -v. A' Madju Sdn Bhd 16 1/2 J Maersk Line 3 4/3 ABC Containerline 13 5 Mamfrcight 15 4 Accord Shpg 8 1-3 Albatros Sea-Air 14 5 M sia Shpg Corp 9 1/2 Alfred C Toepfer 15 5 Mendelssohn 5 1/2 Ahrcnkid Liner 16 4
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      Page 29 Advertisements Column 3
      2309 29 Vmml Voy ETA ETD "Port *Panang DESTINATIONS TtM Mt M«rgrrt«* M 9006 Ck».nfl Tim* •FwdeTbr MHMBBiMPBBBIMPfWtMUBHWBWiWWIWIfWWWPBIIWiMI 24H 0400 HAS M Farco I HHHHH I CfS 2V7 23M MRS M Tauro OAK |IQB MOU MEM ATL MIA CHS BAL PHL NYC MOW TOR MARGRETHE M 9000 2*P 2S/7 19/7 21/7 11/8
      2,309 words
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      1029 30 f T ROTTERDAM/ VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CARDIGAN BAY 96/583 WT~ 13/8 7/8 9/8 6/8 12/8 CITY OF EDINBURGH 90/587 24/7 8/8 2/8 5/0 KURAMA 06/586 26/7 20/8 15/8 17/8 13/8 19/8 TOKKJ EXPRESS 94/589 31/7 17/8 18/6 g KATSURAGI 01/590 2/8
      1,029 words
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      Page 30 Advertisements Column 2
      537 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU PPT ACCEPTING CARGO mlm NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 27/7 3/9 5/9 7/9 Alto KM*!* Cfn ts CslUo (Pore) »U Velgo Agents: SINGAPORE: *****56 VS. JAVA: 03-*****25 B00ra^»i0700 NORTHBOUND TO UKC S PORE ROM/A DAM HBG HULL(UK) IVYBANK V.Z7N 12/8
      537 words
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      Page 30 Advertisements Column 3
      1299 30 QgOHaglA &XMTM; REGULAR INDEPENDENT FULL COWTAW6R SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT MAM BRE LHA (VIA (VIA (VIA ALB) ROT) HAM) ARABIAN SEA 020-W 20/07 10/01 12 08 15/08 ISA* 20D8 19£ 2108 Og NORASIA SHARJAH 9021-3 27*07 17-08 19/06 22 24/06 27/06 26/06 21/01
      1,299 words
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      Page 31 Advertisements Column 1
      1593 31 Steamers Maritime Holdings Ltd SEJp&o TM STRAITS SHIPPING I Wk Containers VoyNePKtanf S'pore S'ton Mtwi R'fcave* R'tfam lah »rrc«T« mic CAAOMAN RAY WO T.RWJ-110 1W 13« VW m DMI 17JH ACCEPTS DUE SAILS cm or emnkjrc «w <-cah-»p wiw urn W* CARGO KURABA mm fAU-22/7 ZW WlMff DM IM» 1M»
      1,593 words
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      Page 31 Advertisements Column 2
      1562 31 TO: EUROPE TO: FAR EAST SP IH ROM HAM B'HVN FU SPOKE NK KAO KOB BU HANJIN FELIXSTOWE OOJW 21/7 l/> 9/S 10A 12/S 13/S CMOYANC SUCCESS 009E 30/7 2/1 3/0 W 9/0 CMOYANC PARK OOJW ]||7 ISH UH 17/1 19* 20/1 HANJIN HAMBURG 0011 (/I *1 100 13/1 1M
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      Page 31 Advertisements Column 3
      21 31 STORE LOADMG FOR MORA 30/7/90 PMNOMPENH/KOMPONGBOM NINA 31/7*o HOCHIMMH/VUNGTAU SELM SHIPPING ft TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: *****46
      21 words
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      Page 31 Advertisements Column 4
      390 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION ASEAN ASIAN AMBALIKA TRADER TRADER CLIPPER VOY. NO. 10 3 125 57 S'pore In Pt 21/7 23/7 28/7 P. Kelang 23/7 28/7 29/7 Penang 28/7 Hong Kong Yokohama 12/8 Nagoya 10/8 10/8 Osaka 9/8 8/8 Senboku 8/8 Kashima Hochiminh
      390 words
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      612 32 DJASAQETRI A Joint Europe Sorvlce Of: fX UIMTk LLOYD f.t. 6ESUII LLOYD ft SMNJfttM INBOMSM P.T. TBtKOIA LLOYB CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY S POKE R OAM/ H BURG BREMEN ANTWERP ADAM SRIWIJAYAymiB 19-22/7 23/1 26,'S 2S/8 1/9 1 PANJANG/2CWB WW 27 It 31/1 4/9 7/9 KUTAI/2MB It-19/1
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      Page 32 Advertisements Column 2
      759 32 I HANJIN SHIPPING Yy FULL CONTAINER SERVICE IHTpwTI LtHjyrt R Umi H'fcurf B'hamn Fitow* FEEOER VSL SIN LINE HAUL LAX OAK I 21/7 t/t 9/8 MVS 12/1 13/1 CHOYANG SUCCESS ME 31/7 H. POHANC M2E 24/1 26/1 I 28/7 15/8 16/8 17/1 19/8 20/t HANJIN HAMBURG OOIE 6/t H CHEJU
      759 words
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      Page 32 Advertisements Column 3
      1319 32 -J HK SCPI EVER GOING WW WW 3/0 «M J > U W MH MH 7/9 W 17/9 I*9 I*l 21/» W* EVER GIFTED l/l 2* 9M 7/0 11/ l 14* 16/0 I*o MB 21/0 31/1 11/ l I*9 27/9 M/ 9 2J/9 M/l 2/M M/M EVER GREET U M
      1,319 words
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      Page 33 Advertisements Column 1
      1833 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 k AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****022 DOCUMENTATION OEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SON BHD MALAYSIA K.L-(03) *****33, P.Kelang-(03) *****87, Penang-fIM) *****0,
      1,833 words
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      Page 33 Advertisements Column 2
      1113 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUND VOTMC ISTOK 1 MANILA MKOHC ¥OTA« VO«f KUUK WIK fMAVEN TNJUtT HTT unwar m. ROMS an iw ma i«v T*i 155 u«
      1,113 words
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      1562 34 E KAWASAKI KISENKAISHA. LTD. I I motif N. AMEJUCA PACIFIC SOUTH-WEST 11 mrOHT N. AMERICA PACIFIC SOUTH-WIST 7 SGP MQTMER «SSE* YOY .8 vt ~W I Lions SATE MIKE 04 I*7 20/7 21,7 HENRY H BRIDGE 36 121 151 171 198 if/ GEORGE BRIDGE 37 2M 2M 216 11 LIONS
      1,562 words
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      Page 34 Advertisements Column 2
      1113 34 PHILI-ORIENT LINES PTE LTD $j£ I (The Complete NVOCC Package) I MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 23 JULY K.O'2(n"S T mT K K S ™"uNMR A a&, WINNIPEG, 97 mi v SSSKi BAHRAIN ABU DHABI REGINA, SASKATOON, LI JULT SHARJAH CALGARY, EDMONTON, KELOWNA, IIM w KAMLOOPS, VERNON, PENTICTON 20
      1,113 words
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      Page 35 Advertisements Column 1
      1620 35 onippug limes, weanesaay «iuiy 10 in* SSSxmJaM pacific international lines (pte) ltd J J BtH P ll Building. 140 Cadi Street MXHIO. Singapore 0106. I Jakarta I I Bangkok ynui vov IW JKT SM VESSEL VOV SIN IKK SIN mai QUANG 3358 20/7 22/7 KOTA NAQA 11N 21/7 24/7 2S/7
      1,620 words
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      Page 35 Advertisements Column 2
      1091 35 r BEN LINE CONTAINERS LTD A 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** express catfrmm mmmmuMßmnm VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG B*HAVEN ROAM L'HAVRE Cardigan Bay' 96/583 19/7 13/8 7/8 9/8 6/8 12/8 City of Edinburgh 90/587 26/7 Via TBN 12/8 15/8
      1,091 words
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      Page 35 Advertisements Column 3
      257 35 M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pofe P.Kelang Pen HPA-AN VIS2W In Pt HER GUI VIOOW 21/27 JUL MYOMAYWA VI29W 21/31 JUL THI BANK lINI (A Mrvic* ot Andrew Weir Shipping) SEMI-CONTAINER SERVICE VI HEAVY LIFT CAPARIHTV I EXPRESS TO PAPUA NEW GUINEA I
      257 words
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      Page 38 Advertisements Column 1
      730 38 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTMUNO SIN ax BRV ROM AWT HBC RST v. heck tm a/T 141 iw i m i w PARIS SEN nfus W HI w w w w V. UUNMMT (/M UT 24/1 25/8 27/1 2SA PANAMA SEN
      730 words
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      Page 38 Advertisements Column 2
      1328 38 CRYSTAL FREIGHT <CP5> SERVICES PTE LTD TEL: *****88/*****22 0M COMIUMTM IBMCE Tt FAR EAST PORT KELANG 20/7T2m3ANILA 22/7 A 29/7 PENANG 20/7 27/7 BUSAN 28/7 A 2/8 BANGKOK 20/7 25/7 TOKYO 28/7 2/8 HONG KONG 21/7 A 26/7 YOKOHAMA 28/7 A 2/8 KAOHSIUNG 22/7 A 29/7 KOBE 28/7 A 2/8
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      Page 38 Advertisements Column 3
      234 38 {FSBM LOAMM FOR LOAMNC FOR BUENOS AIRES K«I von CM OM (AIMS WVIMO RIO STS <HT MOM ■ojTwnii in man wi uw an V.WML2 ■t iamm an iM I*l zyi w v» c.'Sakl a/i an m» w* wm z/u MSCHARCINC FN M/Ull OWLY STOW Ml HH Ml WtM TOR WOO
      234 words
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      Page 38 Advertisements Column 4
      1263 38 r te& t Si CHINA OCEAN SHIPPING COMPANY j 2 M, »^E B r IWG FULL CONTAINER LINER SERVICE telex. T *s aorcosNiP CR NO: U7S7MOOOM FAX: HBMI General Agents: COSTA* MVHNO PR LVD CABLE COSTA L K ViI.YC SCP FLX DOT IAM 3* VtSSt.VO* >l> HOT HAM ANT MP
      1,263 words
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      Page 39 Advertisements Column 1
      519 39 CALCUTTA DIRECT SIN CAL 3USAK 99 CNB 25/7 1,8 TIGER CREEK 100 CNB 1/8 8/8 SUSAK 101 CNB 10/8 17/8 TIQER CREEK 102 CNB 17/8 24/8 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALLOL 19/7 CTG, MONGLA BANGLAR PROGOTI 19/7 S. KOREA. JAPAN FAR EAST/MEDfTERRANENAN SERVICE ETA S'PORE LOADING
      519 words
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      Page 39 Advertisements Column 2
      422 39 TEL: *****39 (11 Unss) OFAX: *****11/*****03 TELEX: R8 ***** RISHP (3 Unss) ITC\ ETHNMM AMIM IMB r (National Unas of Ethnpa) ACCEPTING FCL AND CONVENTIONAL VESSEL fvOY CTA [LOAMNO K* OPOWE ASSAY WON 2 29H9 2VOt PAWtMAIAAM. MOWANA. OJMOUTI AM*« I4AMAWA. HOC—AW NCTSANET 20WB J5/0S DWM4AIXM. MOMBASA. bJMOUTI ASSAB. MAMMA.
      422 words
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      Page 39 Advertisements Column 3
      615 39 BAfIKAPAI PELAYARAN V»PULAU LAUT •7 RILLY CONTMOnItD REGIONAL FEEDER SERVICE TM-WEOU/mSY FIXED DAY SCHEDULE BETWEEN TNI PORTS OrTOftE. INDONESIA. MALAYSIA A THAILAND ALSO ACCEFina La CAROO TO AU. DESTINATIONS. WE SEITVE rot BOOKINGS CALL SPE CARGO FORWAROINCAT TEL: Z22BM SENTOSA 463 21/7 23/7 27/7 MOA 32S 22/7 28/7 29/7 BAHAMA
      615 words
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      Page 39 Advertisements Column 4
      640 39 BANGKOK CEBU/MANILA jmil bm 1 MIMPOM BABWM jvOSEI [vot rPOBt CtBU MAMA ■AHA BBUM M Thur IS/7 Sun 22/7 i SO OBIEBT 29* a/7 »/7 2S/7 MKMWIR KUBAKO MN Thuf H/7 Sun 22/7 AKA MUM 30S 27/7 2/1 4/1 CMAIYA BHUM MB St H/7 Tin 24/7 ,$0 OBIENT 31R 3/S
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      Page 39 Advertisements Column 5
      315 39 TO AUSTRALIA/NEW ZEALAND ML |Awtl»«< [0— mussq. 29 an i* 5S m C VUOUK 29 ~M i 5 5* W ANTWtKN 5" 22* i* «S w UH lifl nrr [xpotss 2* vH W S» i» w* w* u DATS TO MKLBOURNB TO USA/CANADA ort«— f5S55> |wiiiini»ii |n*tw Mussa 29 W
      315 words
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      1211 40 NUC-NELS SINGAPORE'fawn nu maii www m= mimm] PF.NANG TEL: (04) *****6 'TEL: (088) *****0 TAWAU TEL: (0891 *****9* KELANG TEL: (03) *****77 |<UCHING 1 TEL: (082) *****3 SKAN TEL: (089) *****2 J BAHRU TEL: (07) *****2 ISIBU TEL: (084) *****2 LABUAN TEL: (087) *****91 I —> 'JAKARTA TEL: (21) *****7
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      Page 40 Advertisements Column 2
      508 40 SfSfc BLUE STAI LINE SINGAPOft TO (jy NEW ZEALAND AMD T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOJTH A PORT CHALMERS ACCEPTING FCL k LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNBDIN, LYTTELTON, INVERCARGIL, FIJ AND TAHITI SIN N. PLY AllCt LVT MANDAMA 0576 In Pt a Jul
      508 words
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      Page 40 Advertisements Column 3
      1189 40 I /K1 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: 33*8822 Fax No: ¥***** 1 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH «Hfi JUT llfl I KIT una WT ETI «T KIM SOON U 29/90 C
      1,189 words
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      681 41 COMPANIA PERUANA DE VAPORE3 "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore KAMALEVERETT 23/25 Jul 26/27 Jul THOMASEVERETT 01/02 Aug 03/04 Aug SHAPLAEVERETT 14/16 Aug 17/11 Aug WEV"EVERETT ORIENT LINE" JAPAN/BAY
      681 words
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      Page 41 Advertisements Column 2
      615 41 VSL |S PORE IMINLINEB LAX *ST |SAV fig fcMX ZIM YOKOHAMA 27/7 ZW PUSAN sS I Jfi I M tfi Up 2IM SYDNEY 1/1 111 l CALIFORNIA 2/1 11/1 14/1 110 11/1 ZIM KOPER 12/1 ZIM LIVORNO Ujl p M/l H/l V ZIMVENCZIA 1M ZIM LIVORNO Ufi p/» |M/» Kfi
      615 words
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      Page 41 Advertisements Column 3
      735 41 Msing kwang hang WMN TIMMPO«TATION (FT*) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 21/7 23/7 JENWEL 24/7 27/7 I VESSEL SPORE BANGKOK A VESSEL 21/7 24/7 A VESSEL 24/7 27/7 DESTINATIONS ETA SINGAPORE PORT KELANG 20 JULY MANILA 20 JULY HONG KONG. ALL CHINA PORTS 20 JULY KEELUNG,
      735 words
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      Page 41 Advertisements Column 4
      540 41 Uk PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOV SPORE JKT B'BAY A TANTO SEJATI 03 In Port 21/7 PELOPOR 951 21/7 24/7 TANTO SEJATI 05 25/7 28/7 PELOPOR 952 28/7 31/7 TANTO UTAMA 89 In Port 21/7 TANTO UTAMA 91 27/7 30/7 TANTO UTAMA
      540 words
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      Page 41 Advertisements Column 5
      430 41 SIN FM EAST 22/7 KEELUNG/KAOHSIUNG 21/7 BANGKOK 22/7 MANILA/CEBU 21/7 JAKARTA/BELAWAN/SURABAYA 20/7 PORT KELANG/PENANG/E. Malaysia 20/7 BUSAN 20/7 TOKYO/YOKO/KOBE/NGO/OSA 23/7 HONG KONG also accepting cargo to Huangpu/Shenzhen/Furiiou/ Xiamen/Xingang/Shanghai sin yuKji 21/7 LDN/FLX/LVP/SOU 21/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Potond/Bulgaria/Czech. SIN USA/CANADA 23/7 LOS ANGELES/NEW YORK all IPI
      430 words
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      351 42 PLATOU PACIFIC V TP I SHIPPING SERVICES REGULAR PAH EAST N. AMERICA BREAK BULK SERVICE OWNERS' REP OFFICE TEL: *****11 MMOAPORE: FAX: MBjjj hTnsa hansa BREMEN V.012 RIGA V.014 SINGAPORE Sailed 31/07 JAKARTA 02/08 SURABAYA 05/08 LOS ANGELES 31/07 07/09 OAKLAND 05/08 18/09 VANCOUVER B.C. 09/08 17/09 General Agents: ANGLO
      351 words
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      Page 42 Advertisements Column 2
      557 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VEBBEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B.M.T V.IICW9O Sailed 26/7/90 27/7/90 2/8/90 I.Y V.ll-90W Sailed 3/8/90 23/7/90 29/7/90 K.V.U V.12CW90 24/7/90 14/8/90 15/8/90 20/8/90 Y.M V.12-90W 28/7/90 26/8/90 17/8/90 21/8/90 A.N V.13-90W 16/8/90 11/9/90 1/9/90 6/9/90 MB V.13CW90 2/8/90 24/8/90 25/8/90 1/9/90 B.A
      557 words
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      Page 42 Advertisements Column 3
      523 42 JMP* OCERnSERUICE W LCL/FCL SERVICE TO/FROM AjO KL: allied-LINK SINGAPORE: /f/^v\ XSjlr 04-*****2 *****8959 778 5822(22 lines) BQ XT MM o*f «MM CMm Ate. TioftHi. Y« CONVENTIONAL SERVICES RF^»«^I I^ W T, N MV NORTWEEN SLEVIK MV NORTWEEN NOVA ETA KAOHSIUNG 17/7 ETA SINGAPORE 13/8 FROM BRAZIL FROM ARGENTINA MV
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      432 43 TIDES AND WEATHER TODAY'S TIDES (he#t in metres) HOIK MM 01M 0200 0300 0400 0500 0600 0700 0100 0900 ******************** ISM IMS *****M***** 2MO 2100 22M 23M JR 03 0.7 0.7 a 9 12 15 13 19 19 18 1.6 1.4 12 12 12 1.4 I.S 22 23 2.7 2.7
      432 words
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      1412 44 CHARTPOINT Every Saturday in Business Times PAKISTANNATIONAL Til I i jsk uvi minm ihzIBU/ It®Jf MIDDLE EAST GULF SERVICE JWBMiV VV M I ■VaiAl MERCHANT MARINE CO. LTD. ii i n INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN MalliVMn*] ?■fJI?I j 2l Kl j Ifll WKI sJIT<I
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      6 44 CHARTPOINT Every Saturday in Business Times
      6 words