The Business Times, 23 July 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Monday July 23 1990 75*
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  • NEWS SUMMARY
    • 64 1 SOUTH KOREA will formally announce its willingess to negotiate preconditions set by North Korea to open the border for free travel between the rival nations. Government officials said in Seoul yesterday that Justice Minister Lee Jongnam, Defence Minister Lee Sang-hoon and National Unification Minister
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    • 28 1 MONTHS of intensive efforts to spread the gospel of smart card technology is starting to pay off for Gem pi us Technologies Asia. Page 2
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    • 36 1 THAI Finance Minister Pramual Sabhavasu has denied a news report that he had asked Prime Minister Chatichai Choonhavan to resign before the censure debate to escape being grilled by the opposition Page 10
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    • 19 1 SAUDI ARABIA and China have established full diplomatic ties and will be exchanging ambassadors Page 12
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    • 42 1 THE BRITISH MINISTER responsible for Hongkong will arrive in Beijing tomorrow, the latest in a series of Western envoys streaming through China to rebuild face-to-face dialogue with the government that ordered the Tiananmen crackdown last year. Page 13
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    • 17 1 PY VAN reviews the local production of Bizet's Carmen at the Kallang Theatre Page 17
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    • 28 1 A SINGAPORE shipbuilder which survived the shipbuilding blues of the mid-1980s by catering to a super-rich clientele has switched its tack. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 22 1 ASSOCIATED Pan Malaysia Cement (APMC) has almost entirely curtailed its cement exports because of firm domestic demand Page 3
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    • 21 1 CITY Developments and the Shaw Organisation have joined hands to go into the entertainment business Page 3
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    • 30 1 HONGKONG'S Chung Wah Shipbuilding and Engineering, which is planning to list subsidiary Argos in Singapore, suspended trading of its shares last Friday pending an announcement today Page 3
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    • 26 1 BOND CORP Holdings Ltd will most probably be liquidated unless it is given time to restructure, says a company director. Page 4
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    • 37 1 PROBLEMS in the US commercial real estate market caused Hongkong and Shanghai Bank's US subsidiary, Marine Midland Bank Inc, to post a U5525.82 million loss for the second quarter of the year Page 8
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    • 34 1 STANDARD Chartered pic has made significant strides towards repairing its balance sheet but more work is needed before it can be considered a successful banking group, say analysts Page 8
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    • Article, Illustration
      27 1 Friday Chaage BT-MGA 811.12 -1.32 Kuala Lumpur ....623.79 -3.74 Hongkong 3,540.43 16.85 Tokyo 32,421.3 -434.10 Sydney 1.602.7 -5.3 New Yoric 2,961.14 -32.67 London .2,400.1 +118
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    • 16 1 USS S$ 1.8145 Yen S$ 1.2231 MMMriiat SS0.6707 Overnight 5 -5/8 3-month 7 3/16% +1/16
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    • 27 1 SoreAug... l55.25Vlcg +0.25 KTsia Aug M23l.50«/kg +0.1 KLTh Turnover 60 tonnes -15 Spot MS 16.10kg 10 (nil paha tfl Turnover 671 lots +190 Aug M$664/tonne -I
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  • 665 1  -  By Conrad Raj SINGAPORE AIRLINES has engaged an outside consultant to advise it on how to boost its share price. This was disclosed by chairman J Y Pillay at SlA's annual general meeting on Saturday. He declined to identify the consultant but
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  • 423 1  -  Redevelopment project to cost $500 m By John Tan A $500 MILLION PLAN is in the pipeline to redevelop the Istana Kampong Glam, one of Singapore's most famous historical landmarks. Plans are being worked out to build a five-star hotel, office and shopping complexes there,
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  • 199 1 THE LATEST development in Cambodia will figure prominently in discussions at the 23rd Asean Ministerial Meeting (AMM) and the Post Ministerial Conferences (PMC) scheduled to start tomorrow. Leading the Singapore delegation to the three-day meeting in Jakarta is Mr Wong Kan Seng, the Minister for
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  • 388 1  -  By Shoeb Kagda SINGAPORE'S position as one of the world's main aluminium warehousing and distribution centres has been eroded by the entry of Japan as the second delivery point for the metal in Asia for the London Metal Exchange (LME). But the Republic remains
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  • 83 1 INDOSAT, Indonesia's national telecommunications network, is studying the feasibility of an optical-fibre link between the Riau region and Singapore. An Indosat work group is being formed to study the proposal, according to the Singapore Broadcasting Corporation. SBC was speaking to In- dosat president Jonathan Parapak in Jakarta.
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  • Page 1 Advertisements
    • 321 1 u«n Mi<» In W—l Of mm) Y«t Wang Pta Ltd mmiimifm: tmun KAIFU RIDING TIDE OF CHANGES 14 SELLING AND SERVICE 15 ACCEPTING TECHNOLOGY 15 Arcraft Schedule 27 Market Reviews 22 World News 12 13 The Arts 17.19 Money Changer Rates 27 World Stock Markets 24 Commodtes 26 Money Market
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    • 8 1 Vehicle quotas: govt will monitor system, Pg 7
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    • 7 1 More reports, Pg IS and Back Pg
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    • 179 1 I|aMMAiMMH& C. T. HOO 27 M. II n Itt4 T* 23M343 *****63 #01-22 Taaffia II »i Cm+t T«fc *****47 RC Seminar report, Back Page mmm IHBB BB j^b HI HI F s&iS JAL knows how important a Ergonomicalfy designed to relaxing flight is if you want to cradle you in
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  • HOME NEWS
    • NEWS ROUNDUP
      • 91 2 THE local food industry will receive a boost under the government's latest move to automate the industry. Together with the Economic Development Board and the Ministry of Environment, the Singapore Institute of Standards and Industrial Research will spearhead the drive by sending consultants to conduct
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      • 101 2 THE government will go ahead with the weekend car scheme unless the public does not want it, said the Communications and Information Minister on Saturday. According to Dr Yeo Ning Hong, the scheme is not finalised yet and the government will consider all views before
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      • 139 2 RESULTS of the second quota premiums showed a huge jump over the previous tender in May, ranging from almost double to more than 1,000 times. Released over the weekend, the results took many motorists by surprise as many had expected lower bids now that the tender was
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      • 68 2 THE Consumers Association of Singapore has suggested that local furniture manufacturers draw up a code of practice to stamp out malpractices and help raise standards in the industry. Case's acting president, Thomas Thomas, said on Saturday that though the number of complaints received against the furniture trade
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      • 52 2 THE CHIEF of the Royal Brunei Armed Forces, Major-Gen-eral Pehin Mohamad, is visiting Singapore today. He will call on both Mr Goh Chok Tong, the First Deputy Prime Minister and Minister for Defence, and Brigadier-General (Res) Lee Hsien Loong, Minister for Trade Industry and Second Minister for
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      • 51 2 LICENSEES of all eating establishments and hawker stalls are required to keep inspection record books, detailing any deficiencies found by Ministry of the Environment, on their premises. The ministry said on Saturday that inspectors, during their visits, will note down any irregularities and shortcomings and the remedial action
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    • 440 2  -  By Genevieve Cua MONTHS of intensive efforts to spread the gospel of smart card technology is starting to pay off for Gemplus Technologies Asia, a joint venture between Singapore Technologies Industrial Corporation and French smart card maker Gem pi us Card International. Not
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    • 248 2 SINGAPORE'S inflationary rate crept up by 1.4 per cent in the first half of this year, with the cost of housing being the faster rising item. According to the Department of Statistics' latest figures on the Consumer Price Index, housing cost had risen by 3.2
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    • 269 2 FOLLOWING the dramatic jump in vehicle quota premiums, the government will monitor the system over the next few months before deciding on any immediate measures, said Mah Bow Tan yesterday. A price ceiling, however, is out of the question, he said in response to
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  • Page 2 Advertisements
    • 102 2 V 1 Bp*— >J V 1 a)V»g H# ch &m Mmy jMaiHKS! "'"i nmmm Jg Urn* yPHjA r i^f^iTrWlMßir 1 il a i We're one of the world's major freight carriers with an advanced, all-cargo fleet, including eight ***** freighters. With our capacity, schedules and routes, we fly anything from
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 562 3 MBT ASSOCIATED Pan Malaysia Cement (APMC) has almost entirely curtailed its cement exports because of firm domestic demand. APMC had exported as much as about a third of its output, or 500,000 tonnes, last year when local demand was less vigorous. Exports have been
      MBT  -  562 words
    • 252 3 Bernama ALPS Electric Malaysia has forecast annual turnover to reach Msloo million by the end of this year and to further rise to $200 million in 1991 and $400 million in 1992 due to encouraging demand for electronic components. The company, a subsidiary of ALPS
      Bernama  -  252 words
    • 330 3  -  By Lee Han Shih HONGKONG company Chung Wah Shipbuilding and Engineering, which is planning to list its subsidiary Argos on the Singapore stock exchange, suspended the trading of its shares last Friday pending an announcement today. The announcement could involve its fully-owned
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    • 438 3 Bernama HEAVY Industries Corporation of Malaysia Bhd (Hicom) is developing a second industrial estate near its existing one in Shah Alam for non-polluting high-technolo-gy industries in line with its efforts to enhance its role as the catalyst for the nation's industrial development. Hicom vice-president
      Bernama  -  438 words
    • 345 3 CITY Developments and its "good friend", the Shaw Organisation, have joined hands to go into the entertainment business. According to a CityDev announcement issued over the weekend, a company called Chinatown Point Theatres Pte Ltd will be set up to take charge of the
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  • Page 3 Advertisements
    • 61 3 MMMmV'^HIHIIIiE9H^HHHi^IHHHHNIQIIMr^^* Ji *flfe ScalpeLscissors_sutures_ BusinessTmes Whether you're a anrgeon, lawyer, contractor or engineer, all the current trend* that fleet them. ftmmri* be tept wefl hto—d to ...Mi ..-on E-ential Information acce-ible every buaine-day your money. thnJUgh Time*. potential and anticipates (ailing treoda. and <*Hvered to your doomep. If, raw materials.
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    • 108 3 OUR HONG KONG CHEFS GO TO GREAT LENGTHS CUISINE Come savour all the delicate flavours of exquisite dishes specially created by our Hong Kong master chefs From South China Sea's choicest catch like the polka dot garoupa. To the selections and delectable melt-in-the-mouth dian xin Served impeccably by attentive stall
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 123 4 ANOTHER brokerage house in Taiwan was closed on Saturday after investigative authorities found about NT$6O (US$2.2 million) had been embezzled from selling clients' stocks, the Taiwan Stock Exchange said. An exchange spokesman said Ding Hao Securities Co in the southern city of Kaohsiung had asked
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      • 95 4 JAPAN AIR LINES Co Ltd (JAL) bought the office building in which its London branch office is located for about 10.7 billion yen in May, a JAL spokesman announced. JAL purchased the seven-floor building, located in central London, from Scottish Amicable Life Assurance Society to centralise
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      • 74 4 SHARP CORP has set up a wholly-owned financial subsidiary in London to raise funds in the European capital market and finance its European subsidiaries, a spokesman for the Japanese maker of electronic home appliances and office automation equipment said. Sharp International Finance (UK) pic will
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      • 109 4 MATSUSHITA Electric Industrial Co will set up a computer production and sales company in Taiwan in October. Matsushita officials said that the new company will be capitalised at about 500 million yen (US$3.3B million) with Matsushita, one of world's largest consumer electronics manufacturers, providing 80 per cent.
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      • 72 4 JAPANESE electronics firm TDK Corp has agreed to form a joint venture with West German automotive parts concern Robert Bosch GmbH to produce ferrite magnets for car engines, a TDK official said last week. The new company, capitalised at 10 million marks (US$6.l million), is expected
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      • 71 4 MITSUBISHI Metal Corp, Japan's largest integrated non- ferrous Smelter, said it will gain control of Cox Creek Refining Co (CCRC), a copper refining firm based in the US, in September. Under an agreement with CCRC, Mitsubishi's American subsidiary Mitsubishi Metal America will '.purchase 60 per
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    • 602 4 Reuter BOND CORP Holdings Ltd will most probably be liquidated unless it is given time to restructure, company director Peter Lucas said. In a television interview, Mr Lucas said liquidation would almost certainly follow "as a consequence of some intermediate steps that others would
      Reuter  -  602 words
    • 509 4 Reuter MITSUHIRO Kotani rose to fame in Japan as a flamboyant real-estate dealer and stock market speculator who boasted of his close ties to top politicians. Now Kotani is under arrest on suspicion of share price manipulation and the media is
      Reuter  -  509 words
    • 446 4 Reuter COMPUTER giant Fujitsu Ltd's expected takeover of Britain's biggest computer maker, ICL, is the latest example of Japan's long-term strategy to achieve global dominance in computers. In a deal potentially worth more than US$l billion, Fujitsu Ltd and
      Reuter  -  446 words
    • 172 4 Reuter THE SOUTH Korean government will allow the Samsung Group to produce commercial vehicles despite fierce opposition from the nation's five vehicle makers, Trade Minister Park Pil-soo said. Mr Park was quoted by state radio as telling reporters that in view of growing do-
      Reuter  -  172 words
  • Page 4 Advertisements
    • 194 4 85 oercent of exhibit soaca has oeen n»a isSmrt m enecwve Km«n »or p#p»*.u ujH£jCompcffietis» enpneoteapans c Ssk nnfl rnhiinrt unnilfinii *9q (4 *p jflF-; 1 «»w retaieo wmces. jul" IJF k1! *90has already confirmed prMh^TIiOTWF ilffy-'-^«IBy IBißimHWi ODITDanicS fe* across 12 countries within Is ranks »v* Vv*' w w
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    • 155 4 j Dauphin Sitzkultur Your backrone is where you feel YOUR COMPANY'S ATTITUDES. t\ i > .i T f! I I Dauphin, one of West leading office chair manufacturers, has intensively studied the special i requirements and activities ift widely varied fields of work. Th# result: Syncroline. a programme featuring chairs
      155 words


  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 87 6 mS&NALD's Corp, reporting higher second-quarter results, expects 1990 to be a year of continued growth for the fyndany. "Although US sales are softer than expected, we cofmnue to see strong growth outside of the United States," said chairman Michael Quinlan. He said the improvement is anticipated
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      • 74 6 ROLLS ROYCE pic said overseas investors now own 25 per cent of its issued share capital, up from approximately 15 per cent a year ago, a company spokesman said. Last September, shareholders approved a proposal to raise the limit on foreign shareholdings from 15 to 29.5
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      • 100 6 TEXAS INSTRUMENTS' second quarter earnings of two cents a share, down 98 per cent from US$l.l4 a share a year earlier, were at the bottom end of analysts' forecasts of two to 20 cents a share, analysts said. Texas Instruments shares fell 6Vt to 32Y4 in heavy
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      • 69 6 INVESTMENT firm Gruppo Uno Holding, whose chairman is fashion designer Nicola Trussardi, has agreed to buy property company Beni Stabili SpA for 263.4 billion lire, merchant bank Sanpaolo Finance SpA said. The bank, which arrangedUhe transaction, said in a statement that Gruppo Uno taught the
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      • 59 6 IBL ACQUISITION LP, a partnership formed by Accor SA, said its acquisition of Motel 6 LP would cost about US$l.3 billion. Accor will provide the funds through a loan or equity investment, or a combination of both, according to a Securities and Exchange Commission filing. The terms
        59 words
      • 107 6 FRANCE'S Societe Francaise d'lnnovations pour l'Elevage (SFIE) has been asked to buy out the minority shareholding in a New Zealand firm, Allflex Holdings Ltd, that it does not already own, Allflex chairman Bill McPhail said. SFIE bought 65.4 per cent of Allflex from New Zealand's
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    • 400 6 NYT AMERICAN Brands Inc, a consumer products company that has been adding to its non-tobacco businesses, said on Friday that it would buy the Moen Group Inc, a plumbing manufacturer, from Forstmann Little Co for US$975 million. Forstmann, a private investment firm, said
      NYT  -  400 words
    • 323 6 Reuter ELF AQUITAINE SA will pay about 62 billion pesetas for its 3.2 per cent stake in Banco Central SA and 25 per cent of oil firm Compania Espanola de Petroleos-Cepsa. officials of the Spanish bank said. They spoke after Elf chairman
      Reuter  -  323 words
    • 320 6 NYT CHRYSLER Corp acknowledged last week that it expects to report a "substantial loss" in its third quarter ending on September 30. Automotive analysts said they expected the loss. Ronald Glantz of Dean-Witter Securities Inc in San Francisco, for example, is forecasting a
      NYT  -  320 words
    • 207 6 NYT THE FINANCIALLY troubled Western Union Corp last week sweetened its exchange offer for bondholders for the fourth time, and a spokesman for the bondholders said he expected the offer would be accepted. Western Union, based in New Jersey, is offering two new bond issues a
      NYT  -  207 words
    • 550 6 Reuter LONRHO pic is testing out the burgeoning German consumer market with its purchase from West German retailer Massa AG of a 10 per cent stake in Asko Deutsche Kaufhaus AG for 281 million marks, analysts say. West German retailer Asko already has
      Reuter  -  550 words
    • 182 6 Reuter NAVISTAR International Transportation Corp may top French carmaker Renault's US$lOO-million offer for Mack Trucks Inc, the ailing lorry maker announced last week. Mack's announcement came on a day when the company posted a loss of U5563.3 million, or US$2.l3 a share for the second
      Reuter  -  182 words
  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 252 7 Hkiiigiter Gottectim Today in Europe, the USA and Japan,, jewellery making is mechanised to achieve volume production. However, fine jewellery should be classically designed and meticulously handmade. Here in Diamond Industries we take great pride in our work and handcraft every piece so that they may in time to come
      252 words

  • FINANCIAL NEWS
    • SMALL CHANGE
      • 67 8 TWO of Australia's largest banks last Friday announced that they will cut their prime corporate interest rates. The ANZ Ranking Group and National Australia Bank will cut the rates by 0.5 and 0.25 per cent respectively to 18 per cent effective today. Brian
        67 words
      • 109 8 CLAIMS by Western commercial banks expanded by 9.8 per cent on Eastern Europe last year and by 18.4 per cent on the Soviet Union, according to a new survey released on Thursday. The Bank of International Settlements survey said the banks' claims —including loans
        109 words
      • 92 8 JAPAN'S new commodity law will require members of commodity futures exchanges to have at least 500 million yen in capital by 1995, Ministry of International Trade and Industry (Miti) and Agriculture Ministry officials said. The law, which goes into effect later this vear, will require a
        92 words
      • 71 8 BANK of Ceylon, Sri Lanka's biggest bank, has floated a US$3O million offshore unit trust fund with Wardley Investment Services Ltd of Singapore to invest in local stocks and the money market, the bank said on Friday. A statement said the entire proceeds of the
        71 words
      • 33 8 PETRA Bank, one of the largest commercial banks in Jordan until it became embroiled in allegations of fraud last year, will go into liquidation, Jordan's official news agency said.
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    • 278 8 PROBLEMS in the US commercial real estate market caused Hongkong and Shanghai Bank's (HSBQ US subsidiary Marine Midland Bank Inc to post a U5525.82 million loss for the second quarter of the year. The loss represents a U5567.3 million swing
      278 words
    • 595 8 Reuter STANDARD Chartered pic has made significant strides towards repairing its balance sheet but more work is needed before it can be considered a successful banking group, banking share analysts said. "Standard has considerably reduced the risks of the business by disposing
      Reuter  -  595 words
    • 207 8 Reuter START-UP financing above the levels currently envisaged by the West German government will be needed to get East German industry up and running, a top West German banker said in a newspaper interview. Helmut Geiger, president of the West Germany
      Reuter  -  207 words
    • 185 8 AP A JAPANESE bank consortium led by the Industrial Bank of Japan Limited has signed a US$7O million loan for a hotel project on the tourist island of Bali, a project official said Saturday. Rosano Barack, the chief executive of PT Nusadua Graha
      AP  -  185 words
    • 263 8 Reuter THE JOINT insurance venture between West Germany's Allianz AG Holding and East Germany's state insurance firm will cost taxpayers some six billion marks over 20 years, says a West German newspaper. The Sueddeutsche Zeitung reported at the weekend that the June
      Reuter  -  263 words
    • 411 8  -  By Peter Hodson The writer is the director of Standard Chartered International Trustee Ltd INDIVIDUALS often decide on investment opportunities without considering the most appropriate structure for holding, or protecting, their assets. Asset protection means protecting assets from tax or
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  • Page 8 Advertisements
    • 43 8 GObDEN BEAGH SEAFOOD 496-496 Upper Cast Coast Road Singapore 1646 7th Anniversary k Celebration Lg-.- m m 18th June 3lst July 1990 nmmnmm ®Hr\ m yvvajb Delicious Seafresh (*****356 or Fish) Ttk Business Hours; V Sun to Fri 15pm Hois (spm M 1
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    • 187 8 A new Humphrey Boon Manager, Kin Trading Pte Limited 44 Looking back at Asia Pack '89, That is precisely why we are I'd say it was a tremendous success, looking forward to Asia Pack '91. especially in terms of strengthening IX Asia Pack 91 will be held jointly relations with
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  • Page 8 Miscellaneous

  • Page 9 Advertisements
    • 120 9 2fl S!AI Ai 5 s*"*T #>, v I f %.®f Ini <n > IP m m 1%-• j» -»vas-*«e«^j 1 J F Jmj^l thrust and mentally hear 420 passengers breathing a collective sigh of relict. To which I add m> own. Nursing a 387 tonnes jf In my Volvo 740GL
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  • THE REGION
    • NOTE BOOK
      • 194 10 THE PROPOSAL to establish a Thai-US Joint Commercial Commission has run into problems with both sides unable to agree on what representatives should sit on the committee. A Commerce Ministry source said the problem emerged when the Thai and US authorities were exchanging their respective
        194 words
      • 141 10 MALAYSIAN police are still investigating and studying the appropriate section under which to charge those responsible for printing and publishing a report in a Sabah newspaper recently about the alleged arrest of a Roman Catholic priest under the Internal Security Act. Deputy Inspector-General of Police, Tan
        141 words
      • 98 10 CHINA will give a pair of giant pandas, Lingling and Lele, to Taiwan, a spokesman for the China Wildlife Conservation Association announced in Beijing on Saturday. "We have made everything ready, and if the Taiwan authorities permit the entry of the pandas, our Taiwan compatriots
        98 words
      • 100 10 A CHINESE envoy has made it clear that Beijing disapproves of a forthcoming visit by a Hungarian parliamentary delegation to Taiwan to investigate possible trade contacts, the Hungarian trade union daily Nepszove reported on Saturday. The paper said it received a visit by the press officer
        100 words
      • 159 10 BURMESE drug warlord Khun Sa has blamed a dramatic rise in opium production in the 'Golden Triangle' on a US rejection of his offer to help eradicate narcotics in the mountainous area, press reports said in Bangkok yesterday. Khun Sa, who has been indicted by
        159 words
    • 335 10 THAI Finance Minister Pramual Sabhavasu has denied a news report that he had asked Prime Minister Chatichai Choonhavan to resign before the censure debate to escape being grilled by the Opposition. Mr Pramual said he had only discussed the country's financial matters
      335 words
    • 39 10 A group of volunteers from the barrio of Digdig in the northern Philippine province of Nueva Edja carrying supplies to a nearby barrio devastated in the recent earthquake in the Philippines. AFP photo AFP photo
      AFP photo  -  39 words
    • 253 10 AFP INDONESIA'S military has launched a major operation in Aceh to crack down on armed groups that have been increasingly active in the last two months in the northwestern province. At least 3,000 troops have been deployed in the province, mainly in the Lokhseumawe
      AFP  -  253 words
    • 310 10 THE inflow of foreign currencies into the Thai capital market has climbed to US$l.94 billion during the first six months of this year, an increase of 186 per cent on the same period last year. The currency movement gathered momentum after Thailand announced its
      310 words
    • 261 10 TAIWANESE entrepreneurs have poured nearly US$2OO million into Fujian in the First half of the year, making Taiwan by far the most important investor in the coastal Chinese province, Fujian's deputy governor, Lin Mingkan, said in Hongkong on Friday. According to the South
      261 words
    • 218 10 LOCAL STAFF in Hongkong are leaving British companies in favour of other European firms who offer the possibility of foreign passports, says the chairman of the British Chamber of Commerce, Richard Povey. A South China Morning Post, report quoting the chamber chief as having
      218 words
    • 210 10 A UNITED STATES congressional committee has approved proposed legislation boosting Hongkong's annual immigration quota to 20,000. The move follows fears that a separate immigration reform bill containing a similar provision for Hongkong could fail to win passage this year, the South China Morning
      210 words
  • Page 10 Advertisements
    • 140 10 J3& anumi JMSM& ROSE GARDEN SICHUAN RESTAURANT f* Level 5, Golden Landmark Hotel 390 Victoria Street, Singapore y Sichuan Cuisine at its spicy best In a new locale, -where East meets West The Rose Garden Sichuan Restaurant at the Golden Landmark Hotel. A new name in a new location. An
      140 words
    • 178 10 Dragon City SICHUAN RESTAURANT nuammmm lEiuMohed 19*4) MM!!! Novotel Orchid Inn (Plymouth Wing) 214 Dunearn Road, Singapore 1129 Tefc *****70, *****77, *****22 (Ext. *****) Fax: (65) *****90 Telex: RS ***** DWS Managed by Amodated Company DICKSON WONG (5) PTE LTD. A Member oi the Drafon Oty Redaurant Group IMAM (IXI
      178 words

  • Page 11 Advertisements
    • 156 11 CloangThe Gap Between What Business Needs And What Information Systems Can Deliver. Unprecedented changes in markets, com- handle rapid change. In fact, the gap and software. So you can add applications petition, regulations, and technology are between what business needs and what and functionality quickly. changing the way business does
      156 words

  • THE WORLD 1
    • WORLD WATCH
      • 125 12 THE US DEPARTMENT OF ENERGY has agreed not to burn waste containing plutonium and hazardous chemicals at the last two operable incinerators at its Rocky Flats weapons plant near Denver, unless it can win permission from the Colorado Department of Health or the
        125 words
      • 108 12 A BORDER CROSSING linking Poland with the Soviet republic of Lithuania was reopened yesterday, nearly four months after Moscow unilaterally closed it to protest against the small republic's declaration of independence from the Soviet Union, the Polish news agency PAP said. Warsaw had strongly protested against what
        108 words
      • 132 12 SCOTLAND YARD will shortly conclude a report that reportedly proves that Kenyan Foreign Minister Robert Ouko was murdered and did not commit suicide, and could implicate members of the Cabinet of President Daniel Arap Moi, the British Sunday Correspondent newspaper reported yesterday. It said its information
        132 words
      • 84 12 A RAPIDLY SPREADING FOREST FIRE is ravaging an important nature reserve in west-central Brazil, threatening to wipe out several threatened species. The fire started last Saturday in the Sierra de Canastra national park near Belo Horizonte, spreading quickly in every direction because of a persistent drought,
        84 words
      • 68 12 THOUSANDS OF FINNS and tourists watched a total eclipse of the sun that momentarily darkened skies and panicked birds in south-eastern Finland early yesterday. The total eclipse occurred at 0152 GMT. It was visible in an arc about 200 km wide from the northern Baltic Sea
        68 words
    • 358 12 AP SAUDI ARABIA and China have established full diplomatic relations and will be exchanging ambassadors. A joint statement issued yesterday in Riyadh, the Saudi capital, said that Saudi Arabia recognised China as the exclusive representative of the Chinese people. Taiwan's Foreign Minister Fredrick
      AP  -  358 words
    • 299 12 AP THE US has opened the way for new approaches to peace in Cambodia, but Khmer Rouge guerillas may escalate the fighting unless China goes along. Beijing has indicated it will not halt military aid to the Khmer Rouge, nor are there
      AP  -  299 words
    • 178 12 AP CHINESE aad Soviet officials have signed ■ginnats to protect iaii 1i Is la each other's coaatries aad avoid ommc-oduuioii ior lOvtr n* tioaak, China's official Xiahaa News Agency reported. The agree Beats were itpiri mijhg last Satvday at the end of a
      AP  -  178 words
    • 368 12 AP MONGOLIANS began voting yesterday in their oom-munist-ruled nation's first multi-party election ever, a primary contest for local, provincial and national legislators. Things appear to be going very smoothly. There's a good turnout and it's weQotganised," a source in the Mongolian capital of Ulan Bator
      AP  -  368 words
    • 212 12 Reuter CONTINUED SURGES in Taiwan's exports to the Soviet Union and eight Eastern European nations have boosted the value of the twoway trade in the first six months of this year and Taipei officials expect the figure to expand further in the second half of the
      Reuter  -  212 words
    • 452 13 AFP THE BRITISH MINISTER ~S' responsible for Hongkong, Francis Maude, will arrive in nc Beijing tomorrow, the latest -H* in a series of Western envoys -ihj streaming through China to ion nebuild face-to-face dialogue o 1 !with the government that ort dered the
      AFP  -  452 words
    • 451 13 FT ii«, US PRESIDENT George w<: Bush has sought to take the political upper hand in the delicately poised talks on a deficit reduction package by claiming that he has done his part and it is now up to the •V, Democrats who
      FT  -  451 words
    • 250 13 Reuter INDIAN Prime Minister yishwanath Pratap Singh v meets Soviet President Mik- hail Gorbachev this week at the first Indo-Soviet summit since the Cold War ended and radical changes began shaking the Soviet Union. Mr Singh, who emerged bloodied but victorious after a
      Reuter  -  250 words
    • 42 13 Young Bulgarians while away the time in their tent city in Sofia, erected in protest against the country's catastrophic economic situation. The protesters have pledged to stay put until economic remedies are announced. AFP picture AFP picture
      AFP picture  -  42 words
    • 387 13 NYT DRIVEN BY sharp budget cuts and a decrease in global tensions, the Pentagon is drastically shrinking its allvolunteer force, an effort that is causing anxiety at all levels of the American military. No one is spared, from admirals and generals to the soldiers
      NYT  -  387 words
    • 326 13 FT KUWAIT and other Arab states have attempted to soothe the increasingly assertive Iraqi leadership, which last week revived a border dispute with Kuwait and threatened to retaliate against Gulf states flouting their Opec production quotas. President Hosni Mubarak of Egypt appealed for
      FT  -  326 words
    • 190 13 AP THE SOVIET UNION'S three Baltic republics last Saturday quietly marked what Lithuania called "a day of injury, humiliation and tragedy" the 50th anniversary of Soviet power. Spokesmen said Latvia had voted to nullify its 1940 declaration of Soviet power and flags flew at half-mast
      AP  -  190 words
    • 411 13 Reuter EAST GERMANY'S fiveparty coalition government ckrtg to last Saturday, rocked by an increasingly bitter row over the exact timing of unification with West Germany. The Social Democrats (SPD) and Liberals in the ooalition accused Christian Democrat (CDU) Prime Minister Lothar de
      Reuter  -  411 words
  • Page 12 Advertisements
    • 154 12 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 EUBji HIT 1 behind Chinese entrepreneurs on foreign soils. paper, the business section is undergoing a radical economies that ring the Pacific rim. How will
      154 words

  • Page 13 Advertisements
    • 152 13 Singapore INSTITUTE OF VP MANAGEMENT K 0 1 Marketing for Non-Marketing Managers August 30 31,1990 Fee: SS4IO SIM members/Ss49o non-members Objectives: This course is specially designed for non-marketing managers and executives who want a working knowledge of the principles and concepts of marketing. For Whom: Managers and executives in non-marketing
      152 words
    • 65 13 A Perfect Choice Aiter a long day... negotiating j jt 420 rooms/suites are elegantly designed, there's a fully-equipped business centre, varied restaurants, swimming p001... and everything else you'd expect of an international hotel yu H ARBCX H VIEW i DAI-ICI lOTEL 4. /S(H 7V Only hotel in the heart of
      65 words

  • ANALYSIS
    • 772 14  -  Eugene Moosa looks at the reasons behind Toshiki Kaifu's rise from obscurity to become one of Japan's most popular premiers Eugene Moosa THE ENIGMA of Prime Minister Toshiki Kaifu's sudden rise from near oblivion to be one of Japan's most popular
      772 words
    • 1450 14  -  With the US changing tack on the Cambodian issue, Yong Pow Ang examines the cross-currents that have emerged and how they will impinge on the 23rd Asean Ministerial Meeting opening in Jakarta tomorrow Yong Pow Ang The credibility of Asean is threatened from within and
      1,450 words
    • 499 14 SINCE Vietnam invaded Cambodia in 1979, Asean has been in the forefront to ratty international support for the resistance forces. In fact, Asean played midwife in 1982 to help in the birth of the Coalition Government of Democratic Kampuchea (CGDK), comprising the Khmer Rouge, Prince Sihanouk's
      499 words
  • Page 14 Advertisements
    • 67 14 $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS Defence group restructure 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 If e time for Malaysia's Silicon Island to
      67 words

  • FOCUS
    • 709 15  -  In part seven of his 1 Opart series, David Gabriel looks at service quality, the objections raised by customers and suggests how these should be handled ENTERPRISE MA^GEMENT David Gabriel T| HE aim of busi- ness is to win customers and keep them. It
      709 words
    • 782 15  -  In the past two weeks, the attention had been on the issues of introducing new technology from both the employee's and the employer's standpoints. Today, Cecilia Chua looks at the processes necessary in the implementation of new systems to address the people issues and ensure
      782 words
    • 685 15  -  SPOTUGHT ON MANAGEMENT MMW By Khor Peng Soon (Khor Peng Soon is a senior consulting manager). According to an old Chinese saying, a family-owned business cannot last beyond three generations. Research in the US seems to support it Successful entrepreneurs do not always have the
      685 words
    • 250 15 STRIVING to project a more international image, the Harvard Business Review is making its presence feh in this put of the world. Since the beginning of the year, the US management bimonthly journal has opened sales offices in Singapore, Japan, South Korea, Taiwan, Thailand, India, Pakistan
      250 words
    • 72 15 THE National Management Game has taken off and after the first trading period, 16 companies incurred losses ranging from $34,020 to $1.91 million. The rest made profits ranging from $39,830 to $1.4 million. During period 4, 37 companies lost $20,320 to $4.88 million while 73 others earned $25,320
      72 words
    • 274 15 Seminars and courses Drtta Tide Venue Organiser Trt Jul 23 Disaster Recovery Plaza Hotel ToPika Mgt Services *****55 Planning Executive Pte Ltd Bieifing for Senior Management Jul 23-24 Telemarketing RGA Training Roper Gill A *****60 Centre Associates Jul 23-24 Manpower Planning Hilton Hotel Training Team *****36 Jul 23-25 The
      274 words
  • Page 15 Advertisements
    • 30 15 Management Consultancy Sl# I I T f Seminars And Training Hill II R Business Assistance ll I L L I L II Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing
      30 words

  • SPORTS
    • 836 16 AFP, AP US MASTERS champion Faldo responded to the presence of royalty on Saturday by giving a regal performance to coast to the verge of his second British Open crown at St Andrews. The world number two from England thrilled the Princess Royal and a
      AFP,; AP  -  836 words
    • 212 16 AP GREG LeMOND took the overall lead and virtually assured himself of his third Tour de France victory on Saturday, finishing fifth in an individual time trial and taking a two-minute-and-16-sec-ond lead with only one stage remaining. The 2:16 lead over
      AP  -  212 words
    • SIDE LINES
      • 112 16 TOP-SEEDED Arantxa Sanchez Vicario won nine of the final 11 games on Saturday to beat fifth-seeded Gretchen Magers 6-3, 6-2 in the semi-finals of the Virginia Slims of Newport Sanchez Vicario was to play unseeded Jo Dune of England in yesterday's final of the U*****,000 grass
        112 words
      • 122 16 THE England rugby union side lost for the second time in the first three matches of their tour of Argentina when they went down 26-23 to a Buenos Aires selection on Saturday. In the same Velez Sarsfield stadium where it lost its opening match to Banca Nacion,
        122 words
      • 120 16 WAYNE RAINEY, the world SOOoc championship leader, is planning to set up his own racing team for a 250 cc series being put together by his Yamaha team manager Kenny Roberts. "I'm going to have a team of my own next year," he said at the French
        120 words
      • 61 16 JOZEF VENGLOS of Czechoslovakia, who was appointed manager of Aston Villa on Saturday in place of new England boss Graham Taylor, is a man who knows English football well. Venglos, 54, will take over on Aug 1, subject to work permit formalities and is expected to
        61 words
      • 77 16 GIANFRANCO ROSI won a 12-round points decision in Rome on Saturday night over American challenger Darrin Van Horn to keep his International Boxing Federation lightmiddleweight crown. The 33-year-okl Italian, who took the title off Van Horn last July at Atlantic City, was cut?over his right eye,
        77 words
    • 623 16 AP TOP SEED Andre Agassi, seeking his third singles title of the year, overpowered Michael Chang 6-3, 6-1 on Saturday to join Jim Grabb in the finals of the Sovran Bank Classic in Washington. Agassi jumped on Chang's serve and used a
      AP  -  623 words
    • 384 16 AP JANET EVANS can kiss her winning streak goodbye. Four years of swimming supremacy ended on Saturday, and now it is time to look ahead to Carl Lewis vs Leroy Burrell I at the Goodwill Games II in Seattle. Evans, who
      AP  -  384 words
  • Page 16 Advertisements

  • THE ARTS 1
    • 1001 17  -  P Y Van reviews the local production of Bizet's verismo opera at the Kallang Theatre P Y Van BIZET's verismo opera Carmen played to pecked houses on Thursday and Friday nights. Using a multi-nation-al and strongly multi-accent-ed cast of professionals and amateurs, the producers
      1,001 words
    • 236 17 A PIANIST frontf Jamaica and a clarftietist from Bohemia meet on the stage of the Goe-the-Institut Auditorium, tomorrow for an eveniftg of Mozart, Schumann. 3md Brahms. yJ? Pianist Nerine Barrett, born in Kingston, Jamaica, gave her successful debut recitals in 1966/67 in London's Wigmore Hall
      236 words
    • 774 19  -  Donal Henahan wonders if the clock has run out on the early music movement Donal Henahan NYT IN THE LATE *****, the coincident arrival of two technological advances, highfidelity sound and the LP record, created a synergetic wave that engulfed every aspect of music.
      NYT  -  774 words
    • 651 19  -  Titian's popes, cardinals and nudes are back on the walls of the Doges' Palace in a rare tribute by Venice to mark the 500 th anniversary of the painter's birth. John Follain reports. John Follain Reuter VENICE'S greatest painter has returned to haunt the opulent
      Reuter  -  651 words
    • 805 19  -  The Soviet Writers' Union, once all-powerful in determining the fate and well-being of a Soviet writer, seems to have become less important of late, observes Richard F Shepard Richard F Shepard NYT IT MAY HAVE something to do with the way theatre
      NYT  -  805 words
  • Page 17 Advertisements
    • 490 17 NOTICE NOTICE IS HEREBY GIVEN that I KOH YONG SENG of No 70, JALAN MANDAR, Singapore 2469, have applied for a 04 BEER HOUSE, HRST CLASS licence in respect of premises at M/s LIAN YEE EATING HOUSE at Blk 62, CORPORATION DRIVE #01-465 Singapore 2261, and that this application will
      490 words
    • 500 17 NOTICE NOTICE IS HEREBY GIVEN that. I Koh Mui Cheng of No. 39-A Goodman Road, Singapore 1543, have applied for a First Class (Extended) Public House licence in respect of premises at M/s Marina Village International Pte Ltd at 31, Marina Park, #01 -04 Singapore 0101, and that this application
      500 words
    • 249 17 I K w 1 A mmrw* YOUR VITAL BUSINESS UNKS IN ASIA Keep your finger on the pulse of some of the most CD EE A FIIWE DV dynamic enterprises in Asia, one of the fastest r growing regions in the world. The 1990-91 Directory The low special pnee of
      249 words

  • Page 18 Advertisements
    • 204 18 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some of our best advertising is by w*d~of~mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, *****100r 338 8585ext *****/6. PALM GRILL \A/E§TIN
      204 words
    • 304 18 ooimeGs "^TW^AtTdSf THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungounnet price! For starters, take your pick of our cold dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and homemade dressings. Select
      304 words
    • 207 18 pU'/f tA* Sky Garden Poolslde Daily: 6.30 10.30 pm Adult: $12.50 Child: $8 'Complimentary birthday cake for a Plaza Hotel minimum of ten. Hlease make n rnwin ■> iiii »M«i a reservations 4 days In advance h. k>u<i n7w w ROSE GARDEN 1 SICHUAN RESTAURANT f» Level 5. Golden Landmark
      207 words
    • 289 18 PlOWgCl^— FROM CORN-rß^^m From corn-fed American cattle come succulent, juicy steaks Roast Prime Rib 1 of Texas Steer Beef, Boston Oyster Steak and Braised Beer Steak complemented by excellent wines and delicious desserts. jtk floor i j y Where tho service is good. the ambience great. the food dmply marveiousl
      289 words
  • Page 18 Miscellaneous
    • 589 18 TELEVISION AND RADIO A son s memories Jr .y.. kisvts£ Spun <T, Documentary). —WII.tJIMIJ— Mmb Jtf&l-A? 1990 (Ep 1, See Our Choice). §J5 Ntwsfn. 52 Matay Draatt (cont d). Jr JQBL* ffi f 8.35 Spaco Spiti (Documentary). q_. M n §j§ Dbaaostoa. RADIO 5,92.4 kHz la VHF Baad II |M
      589 words

  • Page 19 Advertisements
    • 224 19 AND ENTERTAIN Wild About Game GAME PROMOTION h 16 TO 51 JULY 1990 OINNEK 7PMTO AIL PUCES SUBJECT fa 3( t TO 10* SERVICE V SwiV CHARGE AND n V. "^mT'' .48l mcess. Wc bring you the best of the hunting season roast pheasant, succulent saddle of hare and aromatic
      224 words
    • 173 19 Chinese best of Thai 1 in Over 120 mouthwatering specialities and an array of irresist i ble Thai HerSYTUM: >ii 111 W 583 Orchard Road 101 Thomson Road #01-16 Forum GaHeria #61-55 United Square Singapore 0923 Singapore 1130 Tel: 732 5688 Tel: 252 5830 I™^f^^^9^oUßS^ELlCAClEsl QLt r i 0% O
      173 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4905 20  -  By Magdalene Ng MEDIUM-TERM prospects for the Singapore bourse look promising with substantial upside potential, but investors will have to contend with an uninspiring market for the short term. Some research houses said in their market outlook over the weekend that sentiment in the
      4,905 words

  • 4237 21 Main Board RAT 22* 362 +44 +13.8* Ixe Kim Tah 50* 152 33 +27.7% OE Life 1310 +30 +2.2* SPH Foreign 1170 30 2.6% Sunshine Allied 418 +30 +7.7% Haw Par 308 28 +10.0* CMC 492 +26 +5.6% NatSted 990 +25 +2.6% KanT 267 +22
    4,237 words

  • MARKET REVIEWS
    • 819 22 FT IT HAS BEEN a good week on Wall Street for those of a schizophrenic bent The Dow Jones Industrial Average has continued its flirtation with the 3,000 mark, edging back and forth around this satisfying round record figure. Yet out there in the real
      FT  -  819 words
    • 527 22 AFP TOKYO share prices last week suffered a sizeable loss after a three-week consecutive advance, as worries about the future course of interest rates weighed heavily on investors' minds. The Nikkei Stock Average of 225 selected issues closed the week at 32,421.52
      AFP  -  527 words
    • 1049 22  -  By DBS Securities SHARE PRICES on the Hongkong market see-sawed in a narrow range last week with the Hang Seng Index gaining 33.27 points or one per cent to close with another post-crash high of 3,540.43. Average daily turnover fell to HKS2.2B
      1,049 words
    • 819 22  -  Ray Heath FOR MONTHS now, London's stock market dealers have been wishing that someone would put a bomb under the market metaphorically speaking. The IRA took them literally on Friday when a device exploded in the stock exchange
      819 words
    • ASIAN MARKETS ROUNDUP
      • 198 22 THE AUSTRALIAN sharemarket failed to follow surging offshore markets and preferred to consolidate recent gains during the week. The main market indicator, the All Ordinaries Index, edged up just 0.4 points to 1,601.5. The All Industrials fell IS.S points to 2,490.7 while the All Resources rose 10.7 points to
        198 words
      • 137 22 THE SECURITIES Exchange of Thailand (SET) Index jumped to record levels last week as investors gained confidence in the government despite an ongoing no-confidence debate against it in parliament. Turnover also reached new highs. The SET Index jumped 23.76 points on Friday to dose at 1,131.44 points. Turnover rose
        137 words
      • 204 22 PRICES on the Jakarta Stock Exchange (JSE) changed marginally last week although trading, helped by the {pant listing of a pulp and paper firm, picked up from the previous week's level. The JSE Index closed at 630.096 on Friday, down from 630.21 a week earlier. The Jardine Fleming Nusantara
        204 words
      • 277 22 SHARE PRICES scaled new heights on Indian stock markets last week, sustaining an amazing bull run spurred by excellent corporate results and New Delhi's pursuit of industrial liberalisation. The magical figure of 1,000 no longer seems far from the reach of the Bombay Stock Exchange's Sensitivity Index, which shrugged
        277 words
      • 223 22 THE SEOUL Stock Exchange came under the grip of pessimism throughout the week as investors saw the Composite Price Index (CPI) failing to rebound over the psychological 700-point barrier. Daily intervention by the Market Stabilisation Fund (two trillion won, worth US$2.B billion) created by the government on May 8
        223 words
      • 265 22 AFP SHARE PRICES on the Taiwan Stock Exchange ended mixed last week as bearish sentiment prevailed amid fears of financial difficulties at brokerage firms. The Weighted Prioe Index surged 444.84 points, or 9.02 per cent, during the week to dose at 5,299.56 points on Saturday after early losses were
        AFP  -  265 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4034 23 MBT SHARE PRICES gained further ground on the Kuala Lumpur stock market last week thanks to a strong start on Monday. Fairly widespread double-digit gains were posted despite an easier spell on Friday. Riding on the strength of overseas bourses, especially Wall Street
      MBT  -  4,034 words
  • Page 23 Advertisements
    • 644 23 NOTICES In the Matls< ot The Companies Act Cap. SO And In the Matter oI TAKUYOU SINGAPORE PTE. LIMITED Notice ot Resolution ftx Member» Voluntary Wlnding-Up (Pursuant to Section 290) At an Extraordinary General Meeting o» the Member* ol Tafcuyou Singapore Pie Limned duly convened and held onWedneeday. 18 July
      644 words
    • 636 23 In the Matter ol The Companies Act Cap. SO And In the Matter ol HENOON MARINE PTE LTD Notice ol Resolution tor Meinbeis Voluntary Wtodtog-Up (Pursuant to Section 290) At an Extiaordnary General Meting ol the Members ol Hendon Manna Pie Lid duly convened and held on Wedneeday, 18 July
      636 words
    • 637 23 In too Matter of The Companies AcL Cap SO And In lha Matter of SEA TREASURE PRIVATE UMTTED NoOci of Resolution for Members' Voluntary Winding-Up (Pursuant to Section 290) At an Extraordtoary General Meeting af the Members of See Treasure Private LUmited duly convened and held on Wedneaday. 18 July
      637 words
    • 637 23 In the Matter of The Companies AcL Cap. SO And In the Matter of ROCHESTER MARME PTE LTD Notice of fl—ijluMnn for Members' Voluntary Wtodng-Up (Pursuant to Section 290) At an Extraordinary General 1.1 ntrig of tie Members of Rocheatar Marine Pl* Ltd duly convened and held on Wednesday. IS
      637 words
    • 643 23 In to* Matter of The Companies AcL Cap 50 And In the Matter of CHUAN HUP OFFEHONE SERVICES PTE LTD Notice of ReeoMton lor Members' Voluntary Wtodtog-Up (Pursuant to Secßon 290) Alan ExUamdsiary General Meeting of the Members of Chuan Hup Offshore Services Pte Ltd duly convened and held on
      643 words

  • WORLD STOCK MARKETS
    • American blue chips take a tumble
      • Article, Illustration
        1067 24 TEXAS Instruments' disappointing second quarter results triggered a sell-off in technology shares last Friday, and helped send US blue chips tumbling in the final minutes of trading to a sharply lower close. The expiration of July MMI contracts and a spate of futures-related sell programmes also spurred the
        1,067 words
      • Article, Illustration
        793 24 SHARE PRICES ended higher on London's Stock Exchange on Friday, despite a bomb explosion at the exchange. Prices were helped by hefty institutional buying on the last day of the current two-week trading account, dealers said. The exchange divides trading into two-week and three-week trading periods for accounting purposes.
        793 words
      • 356 24 JOHANNESBURG gold shares closed slightly easier in a listless pre-weekend market last Friday as further gains in the financial rand continued to keep a lid on prices in the absence of any stimulatory factors. Dealers said a lacklustre bullion price and the recent spate of poor gold mine quarterly
        356 words
      • 227 24 MILAN stocks closed slightly higher on Friday after a robust start with selective buying focused on the Ferruzzi group and the banking sector, brokers said. The MIB index edged up one point, or 0.09 per cent, to dose at 1,089 on the day and gained 1.97 per cent on
        227 words
      • 288 24 TORONTO stocks dropped sharply in the last half hour of trade on Friday, closing flat after Wall Street suffered steep losses due to a drop in technology issues, dealers said. Oil and gas shares closed higher as tensions mount between neighbouring Iraq and Kuwait they added. The Composite Index
        288 words
      • 281 24 MAJOR West German shares fell last Friday as profit-taking continued following strong gains earlier in the week, dealers said. But retailer Massa bucked the generally weaker trend, benefiting from news of the sale of its 10 per cent stake in fellow retailer Asko to the British conglomerate Lonrho. The
        281 words
      • 253 24 SWISS share prices finished slightly higher on Friday in fairly active trading as volume picked up late in the session after a slow start, dealers said. The SMI index of leading shares rose 1.9 points to 1,831.7 and the AllShare SPI Index ended also 1.9 points up at 1,217.1.
        253 words
      • 191 24 FRENCH share prices staged a lastminute tally on Friday to close higher on bullish sentiment ahead of the next account and better than expected trade figures for June, dealers said The CAC-40 index ended 7.29 up at 2,030.60, after hovering for much of the day near a low of
        191 words
      • 217 24 AFTER a busy week, the Amsterdam bourse took a rest on Friday, with prices almost unchanged despite the expiry of stock options on the EOE The CBS All Share Index dosed 0.6 points up at 122.6. "We're really waiting for Wall St to close above 3,000 but it hasn't
        217 words
      • 194 24 BELGIAN shares built on early gains on Friday as domestic and foreign investors returned in force to the market Blue-chip industrials and holding companies made strong gains in active trading. Trading remained hectic in travel and tourism company Wagons-Lits but its prioe stabilised after an initial surge. Wagons-Lits dosed
        194 words
      • 177 24 July 20 Qm Pintw IKW VOW Dow Jones 2961.14 2,993.11 -3167 NYSE Financial 143.71 144.69 -0.91 SAP J00 361.61 363.32 -3.71 Turnover (miBion) 110.00 161.99+11.01 LONDON Financial Tuna 30 NA 1,10.7 FTSE 100 2,400.1 2JI7.3 >12.1 Turnover (milion) 4110 AMSTERDAM CBS Genera! NA 201.3 Stock Index 6JII.II 6,266.34 +44.14 FRANKFURT
        177 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 409 25 THE US dollar gained on world's foreign exchanges against the yen and Canadian dollar last week but fell back against other major currencies. The yen, under pressure because of an investigation of stock manipulation in Japan, opened one yen lower versus the
      409 words
    • 701 25 ASIAN CURRENCIES AFP THE Japanese yen slid against the dollar last week amid persisting fears of a hike in domestic interest rates, while other Asian currencies were mixed. Also losing ground were the Australian, Indonesian, Malaysian, Taiwan and Thai
      AFP  -  701 words
    • 391 25 Cross rates My 21 USS SS MS* Dm Yen SFr A$ NZ$ US$ 1.1160 ***** 1.6375 148.75 0.5499 1.3990 1.2723 1.6779 SS 0.5507 1.4902 0.9017 0.8191 0.3028 0.7704 0.7006 0.9239 MS* 0.3696 67.10 0.6058 0.5476 0.2030 0.5186 0.4712 0.6216 Dm 0.6107 1.1090 1.6507 90.84 0.3358 0.8544 0.7770
      391 words
    • 552 25 Interbank rates S$ Bid Qfc Overnight 5 5 1/4 1-month 7 1/8 7 1/4 2-month 7 3/16 7 5/16 3-month 7 3/16 7 5/16 Overnight mode: 7 US$ High Low 7 days 8 1/16 8 1 month 8 1/16 8 2 months 8 1/16 8 3 months 8
      552 words
    • 385 25 Bernama BANK NEGARA's regular presence in the overseas foreign exchange markets is purely a reflection of its aggressive and effective management of its external reserves, sources familiar with the central bank's forex activities said last week. The sources said Bank Negara would
      Bernama  -  385 words
    • 294 25 Reuter THE PHILIPPINES will let the market decide the value of its currency and will not formally devalue the peso, Finance Secretary Jesus Estanislao said. "Let the market decide the trend. Let importers and exporters, together with the banks trade as freely as
      Reuter  -  294 words
    • 422 25 GOLD FINANCIAL FUTURES REPORT Source: Sin Huat Bullion (S) LAST week, spot gold traded between Monday's U*****.70/364.20 and Wednesday's U*****.80/ 359.30 before Friday's New York close at U*****.70/ 361.20 and the small range paled in comparison to the previous week's US$l7.OO rally from U*****.00
      Source: Sin Huat Bullion (S)  -  422 words
    • 282 25 COMEX July 20 CPU) FUTWCS (100 oz) US^ Open High Low Settle Change JUl 361.30 361.SO 361.50 361.30 Aug 361.80 363.50 361.50 362.00 -0.10 Sep 365.00 365.00 365.00 363.90 -0.10 Oct 366.50 367.80 366.00 366.20 -0.10 Dec 370.50 372.10 370.10 370.60 -0.20 Feb 91 375.40 376.10 375.30 374.90
      282 words
    • 518 25 BANKS ABN Bank 8V» Allied Irish Bank PLC 8 American Express Bank 8to Am'Dam R*terdam Bank 8% Arab Banking Corp 8% Arab Bank Ltd 7V■ Asia Commercial Bank Th ANZ Banking Group 8% Ban Hin Lee Bank 7* Banca Commerciak 8% Banco do Brasil 8 Bangkok Bank
      518 words

  • COMMODITIES
    • 637 26 Reuter SOVIET OIL supply cuts to Eastern Bloc countries totalling seven million tonnes this year have already begun to bite, Western oil traders and analysts said. An acute fuel shortage in Czechoslovakia has already led to a SO per
      Reuter  -  637 words
    • 165 26 AFP MALAYSIA'S crude palm oil production rose 16 per cent to 2.8 million tonnes in the first half of the year from 2.4 million tonnes in the same period last year, the statistics department said last week. Total palm oil stocks at the end
      AFP  -  165 words
    • 863 26 REPORTS AFP COPPER, lead and zinc all went sharply lower on the London Metal Exchange (LME) last week, as dealers took profit from recent gains ahead of expected settlements in strikes at North American plants. But crude oil prices were firm ahead of this
      AFP  -  863 words
  • 1107 26 Rubber US (h> In Scentt/kg Int I RSS Clow July 16 155.00 July 17 154.50 July 18 154.50 July 19 155.00 July 20 154.25 M ccntt/kg Int 1 RSS Close July 16 230.50 July 17 230.50 July 18 230.50 July 19 231.00 July 20 231.50 m—W (July 20) pewce/Vf
    1,107 words
  • Page 26 Advertisements
    • 493 26 NOTICES NOTICE I NOTICE IS HEREBY GIVEN that, IMr Teo Nyang Hutt of No Blk 126,108-563, ToaPayoMorongl, ypoi* 1542, hew applied tor a WhoWeßwr Bhopßc«c»liirMpact I Foodstuff EntwpfiMt at 886, Mount batten Road, 5 #02-82, Katong Shopping Centra, S*por» 1542, and thatthitapplication will be heard in Court No 1, I
      493 words
    • 18 26 Tha Stratta Timoa WEEKLY OVERSEAS EDITION Subscribe now. Call 740-1840/1. A 100 avottoMa al Timoa Tha Boofcahop outtota.
      18 words
    • 15 26 Read Charlpoint, a guide (o investing in the stock market. Every Saturday in Business Times.
      15 words

  • 1056 27 City n*t ETC FHM ETP IMMl QF81 1900 SQ225 2215 SO228 1915 A—a RJ182 1445 RJ183 2320 IImMH KL841 1055 GA892 0110 SQ23 1200 QF005 2230 f|,i|il,ni TE25 1800 TE26 1920 SQ388 2025 Baadar Sari BI421 U05 SQ182 0915 Imm SQ181 1410 BJ422 1205 Bt429 2030
    1,056 words
  • THE TRAVEL PAGE
    • 532 27  -  LETTER FROM THE NETHERLANDS By Neville Stack FOR the true flower lover, even the year-round abundance of Singapore's flora is sometimes not enough. Orchids, passion flowers and the myriad of other blooms here make gardeners in less fortunate countries than ours groan with envy but
      532 words
    • 153 27 As it 3 Dm yesterday: Local dollars to one unit of foreign cwrttcy Currencies Bid Offer Australian dollar 1.4230 1.4430 Canadian dollar 1.5600 1.5800 NZ dollar 1.0640 1.0940 Sterling pound 3.2700 3.330 US dollar 1.8120 1.8220 Local dollars to 100 Halts of foreign currency Austrian schilling 13.40
      153 words
    • 102 27 Duration Title Venue Organiser Tej Duration Title Venue Organiser Tel July 30 Property Finanang Jakarta AIC *****98 |5.,g international Pins Semaine 1/*****569 31 Hilton Conference Leather Week Internationale July 30- New Trends In The Hilton Hotel AIC 03-*****43 Du Cuir 31 Hotel ft Resort KL Conference Industry
      102 words
  • Page 27 Advertisements
  • Page 27 Miscellaneous
    • 327 27 cial centre spells disaster 10 It contains grain enough Lml for a locust (6) 12 Wayside inn would be one f way to accommodate (4-5) 13 What gas engineers have 17^ to repair with all haste out by the bucketful (4) LhJ 16 Och! Put that cheese and bread roll
      327 words
    • 209 27 Singapore Outlook: Shower* over several areas in the moraing Report Max temp. 32.5* C Assoc humidity 64% Min temp. 24.9"C Assoc humidity 93% Hrs of sunshine 8.15 Rainfall in mm 3.3 Rainfall this rath 56.2 Rainy days this mth. 7 World report Asia-Pacific Hi/Lo* Cond. Auckland 14AM Windy Bangkok 34/25
      209 words
    • 29 27 IPe.ouß IPS. coitjhooT S J uf VPKju^J urgbd •»«V x x— TH,S J Bur VP HO —y 1 ,x^. foKUESs bv _/V^ ie j \T r <g5& FpltHfoU-y .'CgTRPi-J
      29 words

  • 282 28 Reuter TAIWAN cut diplomatic links with Saudi Arabia yesterday after the kingdom switched recognition to China, charging Beijing was engaging in "missile diplomacy" to win new diplomatic partners. Taipei would keep the door open to other ties, Nationalist Taiwan's Foreign
    Reuter  -  282 words
  • 446 28  -  National Seminar on Residents' Committees By Martin Soong FIRST DEPUTY Prime Minister Goh Chok Tong yesterday announced the formation of a national council for community organisations as a means to hand more power and responsibility to grassroots leaders for public affairs.
    446 words
  • 211 28  -  From Yong Row Ang Analysis, Pg IS in JAKARTA A CAMBRIDGE-EDUCAT-ED Singapore economist, Dr Chng Meng Kng, is expected to be made the deputy secretary of the Asean Secretariat to help, among other things, set up an Asean data base to support policy-oriented action. At
    211 words
  • 49 28 The Exxon Mediterranean looks like any other tanker on the surface. But the mention of its old name, Exxon Valdez, recalls the massive oil spill off Alaska last year. The vessel is now ready to sail after a year of repairs. AFP picture AFP picture
    AFP picture  -  49 words
  • 403 28 Bernama PARTI Bersatu Sabah (PBS) is headed for stormy weather because of a wrangle among its leaders over ministerial positions, according to a Sarawak newspaper. The Sunday Tribune, in a front-page editorial, says the commotion created at the swearing-in ceremony of the new
    Bernama  -  403 words
  • 378 28 Reuter ROWS over farm trade reform, curbs on textile exports, commercial piracy and new rules for service industries confront delegates at international trade talks resuming in Geneva today. On the eve of a week of Uruguay Round negotiations, the European Community (EC) was at
    Reuter  -  378 words
  • 148 28 Reuter EAST GERMANY'S fragile coalition government has reached a last-minute compromise to end an acrimonious row over the timing of unification with Bonn, a Member of Parliament said yesterday. The Cabinet had come dose to collapse because of differences between Christian Democratic (CDU) Prime Minister
    Reuter  -  148 words
  • 155 28 AP FOREIGN RESCUERS yesterday gave up the search for more survivors in the ruins of buildings in Baguio, but the Philippine government said it would continue looking for people who may still be alive seven days after an earthquake. The official death toll in last
    AP  -  155 words
  • 326 28 Reuter THE PHILIPPINE government plans to remove unnecessary restrictions on foreign investors and will vigorously oppose moves in Congress to impose a ceiling on debt servicing. Philippine Finance Secretary Jesus Estanislao said in a weekend interview in Manila that the next 18
    Reuter  -  326 words
  • Page 28 Advertisements
    • 34 28 PlvgeT miLLIER EN HORIDGERIE DEPUISIB74 GEN&E Saudi Arabia and China establish ties, Pg 12 FOR SALE High Street Centre 980 s« High Street Plaza 602 sf Peninsula Plaza 1,700/8.514 sf Contact Sole Marketing Agent
      34 words
    • 50 28 PiageT IdAILUERENimiDGERIEDEPUISm GENtVE See Pg 10 your private jet ANYTIME, ANYWHERE... CHARTER YOUR PRIVATE JET: for Corporate Travel, Leisure, Medical Evacuation, Diplomatic Flights. We can also arrange for Trading, Leasing and Management of business jets. 20 Kramat Lane #04-07 United House Singapore 0922. Fax: 65-*****39 a member of the group.
      50 words
    • 8 28 Ruling coalition split over unification date, Pg 13
      8 words

  • Shipping Times
    • 369 29  -  By A J Leow A SINGAPORE shipbuilder which survived the shipbuilding blues of the mid-1980s by catering to a super-rich clientele has switched its tack. During the slump, when orders for commercial vessels were drying up, Dauphin Offshore Engineering and Trading went into
      369 words
    • 336 29  -  From Al O Labita in MANILA STATE-RUN Philippine Ports Authority (PPA) is looking at operating a floating terminal to ease the loading and unloading of bulk cargoes, particularly cement, at the Manila port. The project, proposed by private firm Emry Group
      336 words
    • 404 29  -  By Othman Abu Bakar CURIO PACK, a Malaysian company involved in air freight forwarding, removal and packing activities, will launch its own consolidated service in the next two months. Director Akmal Aziz said the service will enable the company to tap growing demand from
      404 words
    • 234 29 Lloyd's List A SHIPPING agreement between Cyprus and China giving the most favoured nation treatment to each other's ships is expected to be signed during a visit to China by Cyprus President George Vassiliou next month. The basic form of
      Lloyd's List  -  234 words
    • NEWS SUMMARY
      • 35 29 THERE IS a worldwide surge in shipbuilding. The Japanese yards are getting the lion's share of the orders, but the US yards are left out in the cokl. Page 2
        35 words
      • 38 29 CONFERENCE LINES last week rejected meat exporters' allegations that they were, "sidestepping" a fight with port authorities by passing on to exporters new charges applied by three Australian ports. Back Page
        38 words
      • 42 29 THE European Commission has proposed allowing airlines to continue discussing a number of potentially anti-competi-tive practices. However, the Association of European Airlines has attacked one of the conditions the Commission planned to attach. Back Page
        42 words
      • 39 29 YUGOSLAV AIRLINES is planning to invest US$l.5 billion in fleet modernisation over the next 10 years. It plans to buy 20 new planes by the year 2000 for continental and overseas transport. Back Page
        39 words
      • 29 29 CARIBBEAN transport ministers have announced a plan to revamp the money-losing West Indies Shipping Corporation and recommended its privatisation by 1993. Back Pace
        29 words
    • 258 29 TWO MAJOR Indian ports, Nhava Sheva and Madras, and some foreign lines operating in the country have urged the Indian government to relax the cabotage provision in the merchant shipping act. The country's government has reserved all coastal cargoes for domestic ships in
      258 words
    • 210 29 AT LEAST five major international shipping lines are planning to launch regular sailings to the Indian port of Nhava Sheva. The port, which was opened a year ago, has been facing difficulties recently. In the last few months, it lost business from
      210 words
    • 286 29 DHL Thailand, the new joint venture company between DHL Worldwide Express and a consortium of Thai businessmen, is in full operation in Bangkok just two months after being set up. DHL Thailand, formed in May this year, replaces the agency operations DHL has
      286 words
    • LOG BOOK
      • 126 30 JAPANESE merchant ships carried 593 million tonnes of cargo in 1989, up 1.5 per cent from a year earlier, and their freight income rose 9.0 per cent to 1.88 trillion yen (US$l2.5 billion). Japan's Transport Ministry, in an annual report, said the growth in
        126 words
      • 92 30 FINLAND'S Rauma-Repola Oy said Rauma-Repola Offshore, part of its shipbuiding and marine technology division, won a contract worth more than 50 million markka to build a liquefied ethylene gas carrier for India's Reliance Industries Ltd The 1,080-dwt vessel will be able to hold around 2,000 cubic
        92 words
      • 77 30 EURALAIR has announced a contract with Airbus Industrie, concluded earlier this year, for two Airbus A32ls and one option. The French carrier will receive the first of its A32ls in spring 1995, and initially plans to use them on services to Mediterranean resorts. Each aircraft will
        77 words
      • 77 30 NYNEX CORP said its earnings growth continued despite a second-quarter pre-tax charge of US$39 million for its retirement incentive plan. For the quarter ended June 30, Nynex said it earned U*****.6 million, or US$l.52 per share, on revenues of U553.44 billion, compared with U*****.0 million or
        77 words
      • 75 30 BOEING Co said Canadian Airlines International converted options to firm orders for three jets valued at about US$35O million. The Canadian Airlines order is for one 747-400 jet and two extended range versions of the 767-300 jet. The airline had previously ordered 12 767-300 extended range
        75 words
      • 57 30 THE BOARD of Arab Shipbuilding and Repair Yard (ASRY) of Bahrain has approved the construction of a second drydock costing some US$55 million. A design contract has been awarded to a British company and a pre-qualification procedure for intematinal construction companies is now underway. The new
        57 words
    • 1203 30 There is a worldwide surge in shipbuilding. The Japanese yards are getting the lion's share of the orders, but the US yards are left out in the cold, reports International Business Week PEPSICO INC may have seemed to be taking a careless risk in April,
      1,203 words
    • 839 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      839 words
    • 12066 38 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
      12,066 words
    • SHIPS IN PORT
      • 395 45 ImmI fcHfc »nM Pepartat tmd »y Hi »>* «w>wl Kappci WHwv« Dynamic Vega 3A P3W 2107/2330 24.07/2300 Brtarosa Id K29 atongs.de 2107/1200 Flamboyant 46/90 P3f 23.07/0700 27.07/0600 Kota torn E-859 K31 atongside 24.07/1830 Globe Emeral 45 P2A 23.07/1230 24.07/1800 Muftan R32 atongstoe 22.07/2200 Ha Win 4/90N P1B
        395 words
      • 1152 45 jjengNg Of EXPORT FCL CONTAINERS AND La CARGO Rocord Bookhg/Babnce 1Mb SNp Vty No P«M Fran To From t of ObcBd Spoct to Jade 5A 1 22/1500 22/1659 22/1900 2 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400 ■to Rose 1A 1 22/1500 22/1659 22/1900 3 23/0700 23/1159 23/1400
        1,152 words
      • 291 45 South Port on My 21: Pacific Ocean berth 3; Petro Niaga berth Jetty SheL KCT: Candia berth 8; Acx Daisy berth 10; Bunga Kemurong berth 10. North tat Yi Yang berth 11; Bangkunprom berth 12; Hai Feng berth 16; Cottbus berth 17; Ikan Seiar berth 20; AJa
        291 words
    • 653 45 CHARTERING on the freight market was quiet on Thursday but talk circulated that grain had been covered from the US Gulf to the Continent at a Firmer US$B.5O, brokers said. The Baltic Freight Index rose four points to 1,093 with the Gulf/Continent sub-index marked up to US$B.3B from
      653 words
    • 473 46  -  From John Spiers in SYDNEY CONFERENCE LINES last week rejected meat exporters' allegations that they were "sidestepping" a fight with port authorities by passing on to exporters new port charges applied by ports in Sydney, Melbourne and Fremantle. The lines want exporters, who
      473 words
    • 171 46 Reuter YUGOSLAV AIRLINES (JAT) is planning to invest US$l.5 billion in fleet modernisation over the next 10 years. "We haven't made the elaborate plans yet, but roughly we intend to spend about USSI.S billion in the next decade for fleet modern- isation," the company's director,
      Reuter  -  171 words
    • 71 46 AFP CARIBBEAN Transport Ministers have announced a plan to revamp the moneylosing West Indies Shipping Corporation (Wisco) and recommended its privatisation by 1993. The plan calls for injection of US$3.5 million over three years into Wisco, which has its headquarters in Port of Spain.
      AFP  -  71 words
    • 383 46 Reuter THE European Community Commission has proposed allowing airlines to continue discussing airport slot allocations and scheduling, together with a number of other potentially anti-competitive practices. However, the Association of European Airlines (AEA), which represents major carriers, has attacked one of the conditions
      Reuter  -  383 words
  • Page 29 Advertisements
    • 216 29 THE SPECiAUST *t ZT WtoßoptSlngs^^^y iMhinfl to Lifting MSSSSS nmToo.(PB)iA. ~m>j—iin«w) Tut wccomvm wt amm JS|Br/, SYARIKAT RTNZ WWW SDN. BHD. I I A JOINT VENTURE OF THE INTEGRATED GROUP w and the mitsui-soko group Transportation Services between Singapore and West Malaysia (Penang/bonded warehouses. CSSSS*'O 1 SYARIKAT RTNZ is the
      216 words
    • 29 29 CodMtt report 2 Contanv Sdwkii 17 My Ir«#to W Ma to hhmtaan 3 Shß»| Gwdt 10,11 Stops m Port 1— 17 S«iapore Trio.... 17 WeattNr and Saa Contents 17
      29 words

  • Page 30 Advertisements
    • 250 30 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OP SHIP'S NAME We, NOS Container lines Pte Ltd of 78 Shenton Way #05-02, Singapore 0207, hereby give notice that in consequence of our Intended purchase of the vessel "LETO II" we have applied to the registrar of Singapore Ships, under Section 386 of
      250 words
    • 16 30 I EXECUTIVE I LJOgiJ m m onagers VMust 9 lanage BT shows you how every Monday.
      16 words

  • Page 31 Advertisements
    • 1892 31 r*.mm~ SHIPPING AGENCIES %%llf# 200 CintDoment fc»d #12 05 Southpo-nt, Smppori 0208 \IIIF/ r 22iaon telex no rs 24i7» ■Ullf TERMINAL/CFS Td *****11 220 I* CfiSl BOOKIN6S T4 *****34 235 L %CCC# J PESAKA JARDINE SHIPPING ACENCIES SON BHD PORT KELANG TEL *****18 TELEX NO. MA*****/MA***** TEL *****4 TELEX NO
      1,892 words
    • 1217 31 NDEX Par Col Page Col I A 1 Madju Sdn Bhd 16 1/2 1 1 Macrsk Line 3 4/5 ABC Containeriine 13 S Mainfrcight 15 4 Accord Shpg 8 1-3 oMISC 14 1-3 Adkris Business 16 3 M'sia Shpg Corp 9 1/2 Albalros Sea-Air 14 5 Mendelssohn 5 1/2 AtfredCToepfer
      1,217 words
    • 2323 31 Vmmi Voy ETA I ETO "Port -panang DESTINATIONS SirTQfTrrft Kolaog TMa «Mk Mv«r«h« M 90CM CtoMng Tim* Fmm by CV J4/7 0400 MRS M Faroe 4 CFS tSfl 23M MRS M Tayro OAK LQ6 HOO MEM ATI MIA CHS j BAL PHL WYC MOW TOW MARORETHE M 9006 1 24n
      2,323 words

  • Page 32 Advertisements
    • 1054 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BWEMERHAVEN ANTWERP LE HAVRE CITY OF EDINBURGH 90/587 26/7 12/8 14/8 17/8 I KURAMA 06/586 26/7 20/8 15/8 17/8 13/8 19/8 TOKtO EXPRESS 94/589 31/7 17/8 19/8 22/8 KATSURAGI 01/590 2/8 27/8 21/8 23/8 20/8 26/8 BENAVON 95/593 5/8 22/8 25/8
      1,054 words
    • 480 32 fe||£|jl2fr DIRECT SOUTH PACIFIC SERVICE SIN NOU PPT IRINI 28/7 12/8 19/8 23/8 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA 4 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 28/7 4/9 6/9 8/9 Alto account Cargo to Call** (Pure) Va»a Ag«nts: SINGAPORE: *****56 S. JAYA: 03-*****25
      480 words
    • 1121 32 Di OTOMASMA &XWB REGULAR INDEPENDENT FULL CONTAMER SERVICE I WESTBOUND FOR EUhdPE 0I aht ffi, B£> NORASIA SHARJAH 9021-3 27/07 17/01 19 08 22/01 24** 27-06 26/01 2808 29/06 NORASIA MUBARAK 9022-3 03/08 24/08 26/08 2906 3106 C 309 02,<09 04/09 OS/09 N-AL MANSOORAH 9023-3 10** 31-06 02/09 05/09 07/09
      1,121 words

  • Page 33 Advertisements
    • 1776 33 SggSteamers Maritime Holdings Ltd P&O frMST^rr^SHjPPjNG Containers Mm Hf No P Klaiig S pot. S'ton H burj ■'Kjmh R'tai La* 001 SA,IS CITY Of EMNBURG «(SB M 0 12H UM IS* CMm Kit RAMA K/5N +ALAW7 Ml W» IM* 1M» 1W HH MERCURY PEARL VOPt Kuch, BIM. Nri Oail* to
      1,776 words
    • 1529 33 TO: EUROPE TO: FAR EAST SP IM ROM NAM B'NVN fix SPORE HK MO KOI IU CHOYANC PARK MM 21/7 IS/I lWt lift IM 204 CNOYANG SUCCESS OK K7 lit 3/1 Wt 9/» HANJIN OAKLAND RM 4H 2» OH Mil W DH HANJIN HAMBURG 001 C M 9/S 10/1 lift
      1,529 words
    • 23 33 S PORE LOAOMG FOR MORA 90/7/ SO PHNOMPENH/KOMPONGSOM NINA Sl/7/S0 HOCHNMNH/VUNGTAU SELM SHIPPING ft TRADING PTE LTD TEL: *****73 TLX: RB2S2S7 PAX: *****4S
      23 words
    • 388 33 SPECIALIST N RO-RO ft HEAVY LIFTS VESSEL ASEAN ASIA* AMBALIKA CWBIIC TRADER CLIPPER PIONEER VOY NO 3 125 57 7 S'por* SM 28/7 21/7 10/0 P. Kelang In Pt 25/7 31/7 12/1 Penang 30/7 Hong Kong Yokohama 20/1 31/1 Nagoya 17/I—ll/1 29/1 Osaka 17/1 Sonboku 15/8 27/1 Kashima Hochiminh •for
      388 words

  • Page 34 Advertisements
    • 562 34 CR NBR **********0-0 EXPRESS SEMI-CiNTAINERSNIP SERVICE VSL/VOV S'KMC R OAM/ H'BURC BREMEN ANTWERP A OAM 1 PANJANG/24W8 2*7-1/» Z7/M 31/ M 4/9 7/9 KUTAI/BWB U-2P i]|) W Vli ■ATARAI4/27W8 B-Mff 22/1B Jlflß »flO Z/ll FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO 9Ubfact to tauoOTMnt Alao aocaptog cargo to Caaabtara, Port
      562 words
    • 899 34 SHIPPING < FULL CONTAINER SERVICE w M FEEDER VSL SIN UNE HAUL LAX OAK CHOYANG PARK MM 7*l l«l IMI 17* i<w CHOTANC SUCCESS 4BK 30/7 H POHANC WE 24/4 2M HANJIN OAKUkNoSIM 4 8 77/1 71/R Hit 76/t 77/ X HANJIN HAMBURG 001E CM H CHEJU COE 31/4 2/9
      899 words
    • 1423 34 k -j. T nvHHTm Inu s» hw uc u.c na mkt oh w rro uu iu mrc iin am na ai <M w I savin, is z a r, ,s a ss a is as a jh a s a %an I ,s is a ss s: ss ss z
      1,423 words

  • Page 35 Advertisements
    • 1768 35 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: VSr UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 WTT TERMINAL OFFICE *****022 DOCUMENTATION OEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SON BHD MALAYSIA K.1.-(03) *****33, P.Ketong-(03) *****87,
      1,768 words
    • 1151 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING rtOM EASTBOUHD LOAMMC FOR WESTBOUHO yarns wing. Iswt |ma»ila wnowt wim spori pklanc neuec nuvni thjutt oott ahtwST~ t man mbi |w Iw
      1,151 words

  • Page 36 Advertisements
    • 1308 36 i\> V AS AGENTS: KAWASAKI SINGAPORE (PTE) LTO (CRNo: **********0 M) TO K4 TEL: *****77 TELEX KAWAKIRS23I6S FAX *****79 VL——A _M V ■_W MALAYSIA: HARPER WIRA SON BHD TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. f m**.. /jurowr N. AMERICA PACIFIC SOUTH-WEST N Attrottr
      1,308 words
    • 1066 36 PHILI-ORIENT LINES PTE LTD @2 1 (The Complete NVOCC Package) JULY MONTREAL OTTAWA, TORONTO, VANCOUVER, S"WESTERN ONTARIO. 27 JULY DUBAI, DAMMAN, KUWAIT, DOHA WINNIPEG J AUG XVh um fBU DHABI i®®**"' y MUb SHARJAH v CALGARY, EDMONTON, KELOWNA, n jah? y 28 JULY JEDDAH, HODEIDAH, AQABA 28 JULY ALEXANDRIA PORT
      1,066 words

  • Page 37 Advertisements
    • 1608 37 PACIFIC INTERNATIONAL LINES (PTE) LTD mMtttH PtLßuMng. 140 Cetil Street *»QO, SJnqgxxe 0106. gowa nu un Tin maj mui tm mo xrrr m COM aw I*7 *1/7 M PCOA4UB ftOMUR UN H/7 17/7 SI/7 DCLTA MAS 1M lt/7 SB/7 M HOT A NAGA ISN W7 *1/7 M KOTA MA MM
      1,608 words
    • 1080 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint IV% Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL VOY SPORE SHAMPTON HAMBURG B'HAVEN R-QAM LHAVRE City of Edinburgh 4- 90/587 26/7 Via Can 12/8 15/8 17/8 Kurana* 06 586 25/7 20/8 14/8 16/8 13/8 19/8 Totoo Exoress
      1,080 words
    • 238 37 M MYANMA n FIVE STAR UWE •V (Myahmar National Lino) Loading for Yangon (Rangoon) S'port P.IUUnf Pwi MERGUI VMM in FT PA6AM VISW am iOl ■YONAYWA VI2M 9f IAUG THE BANK LINE (A eervteeef Andrew Wek*N#p««9) SCMI-COMTAINCR KftVtCC HEAVY LIFT CAPABILITY ■EXPRESS TO PAPUA NEW GUINEA 1 MORAYBANK V2IS aRS*(CALLINC
      238 words



  • Page 40 Advertisements
    • 747 40 Mil II I 111 l M INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBC RST PARIS SEN una HH 1M 17/1 lt/l ty* 22/1 V. ULBRICMT i/% HA Vlt ap PANAMA SEN WFWI )/t M 31/1 lfl ifl
      747 words
    • 1164 40 CRYSTAL FREIGHT < CPS > SERVICES PTE LTD x TEL *****18/*****22 FAR EAST HONG KONG 27/7 1/8 BUSAN 25/7 1/8 BANGLADESH CHITTAGONG 25/7 2/8 SRI LANKA COLOMBO 27/7 3/8 ACCEPTING CARGOES AT KEPPEL PPW P.KELANCL 0-*****35 BANGKOK: M MZ PENANG: M-3BW HONG KONG: «MWIM I 1 1 EXPORTS TO HONGKONG,
      1,164 words
    • 224 40 LOADIWCFOR LOADING FOR BUENOS AIMS Ntxi trout lew DM Mints MMKO DO m KIT RAfiUA MOSTVCOII UK h* «s I» w «I VJMU u«aju an m m M an an m c-wm on k* m/m on* an»— m VJMU DISCHARGING a WAZII ONLY VMfllM. Ml KII MUM TOR WO KM
      224 words
    • 1164 40 r tea f Bis >f a) te 1 CHINA OCEAN SHPPBK CORIPMY 2 TS^ R sf&^j^w WMG FULL CONTAINER LINER SERVICE telejJpls anocosNif' CR NO: *****M00M11 FAX: 2XtW General Agents: COiTAI MilW Fl» LTD <*** ,i v ...> -~a» 77- VCSKWWW a» WT Hi WT W MP wealthy Rivtß/uw am
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  • Page 41 Advertisements
    • 533 41 CALCUTTA DIRECT SIN CAL SUSAK 99 CNB 25/7 1/8 TIGER CREEK 190 CNB 1/8 8/8 SUSAK 101 CNB 10/8 17/8 TIGER CREEK 102 CNB 17/8 24/8 (Conventional Sorvtco) ETA S PORE LOADING FOR BANCLAR KALLOL IN PT BANGLAR PROCOTI 19/7 S. KOREA, JAPAN ETA S'PORE LOADING FOR ALAM TEGUH Sid
      533 words
    • 457 41 BSIRIIBILB MARINE A6EHCIES [S| HI LTD JBt TEL: *****33 (12 Linee) M FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Line#) ITC\ ETWOHAH SMPPMC UNEB (National Linos of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA ILOAOINQ FOS BPORK ABBAY WOMZ 2SWS n*M OAAESSALAAM. MOMBASA DJIBOUTI ABBAS. MASSANA. HOOCIOAH NETSANET
      457 words
    • 719 41 Wdn p -T- MASKAPAI pelayaran WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OTTPORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING La CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 WWAFOM WOONMIA MWVKI VSL VOY SIN JKT PAJ SIN PUL
      719 words
    • 897 41 BANGKOK MANILA/CEBU torn Wot mm**} ■■■■■■■■■■■B MAHA SHUM# lON Otad 28/7 Srt 9/1 AKA SHUM M 27/7 28 48 I MEKHANIK KURAKO UN TMr 20/7 Sun 21/7 SM UA CHAIYA BHUOO# iST" I S= 5E f- 51 w Si-; MAHA HUM# 20N W4 1/0 SI 4/» 1 1 MEKHANIK KURAKO
      897 words

  • Page 42 Advertisements
    • 1161 42 _|MAC-NELS SINWWE fgww til ana mmt ra= mtm] ;PENANG TEL (04) *****6 TEL: (068) *****0 TAWAU TEL (069) *****9/ KELANG TEL (03) *****77 ||<UCHING' TEL: (082) *****3 SKAN TEL (089) *****2 BAHRU TEL: (07) *****2 IISIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 'JAKARTA TEL: (21) *****7 HMEDAN I TEL:
      1,161 words
    • 477 42 BLUE STAR LME SINGAPORE TO J NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUPP, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AUCK LYT PREMIER B7S Jul 7 Auf VU NPI A* MAHSURI
      477 words
    • 1112 42 I #11 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una |wt Itra |«t *xm wt eti |«t KIM SOON LI 30/90E 4 AUG PENANG
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  • Page 43 Advertisements
    • 668 43 PERUANA OE VAPORES "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 24/21 Jul 27/2S Jul THOMASEVERETT 05/06 Aug 07/08 Aug SMAPLAEVERETT 17/15 Aug 20/21 Aug WBV "EVERETT ORIENT LINE" JAPAN/BAY
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    • 589 43 West Coast. Caribbean, East CajwS, HAITI. Guatemala aM HondufM VSL IS POOt hIAINLINER [LAX |KST [SAV INVC iMfX MM YOKOHAMA 17/7 5 PUSAN K4 13/9 ICA Ift lift CARMEN CARINA 1/1 ZIM CALIFOMIAI2/9 113 14/9 lift lift ZIM KOPER 12/1 ZIM LIVOHNO \l2ft 81/1 W/9 *ft W ZIM VENE2IA 1M
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    • 632 43 SING KWANG HANGI •MMM THAI OUT AXIOM (FT*) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 2S/7 28/7 JENWEL I 28/7 I I 30/7 VESSEL S PORE BANGKOK A VESSEL 26/7 29/7 A VESSEL 28/7 31/7 I DESTINATIONS ETA SINGAPORE PORT KELANG 27 JULY MANILA 30 JULY HONG KONG.
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    • 513 43 to PERINTIS LINE 111 1 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOV SPORE JKT S'BAYA TANTO SEJATI 05 25/7 28/7 PELOPOR 952 28/7 31/7 TANTO SEJATI 07 1/8 4/8 PELOPOR 953 4/8 7/8 TANTO UTAMA 91 27/7 30/7 TANTO UTAMA 93 3/8 6/8 TANTO UTAMA 95
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    • 467 43 w 11 H|T7|W|J|l J| ij JI4iBITJ]-• HE EttHII 11 2 29/7 KEELUNG/KAOHSIUNG 29/7 BANGKOK 28/7 MANILA/CEBU 5 28/7 JAKARTA/BELAWAN/SURABAYA 27/7 PORT KELANG/PENANG/E. Malaysia 'J 27/7 BUSAN 27/7 TOKYO/YOKO/KOBE/NGO/OSA 30/7 HONG KONG also accepting cargo to Huangpu Shenzhen /Fuzhou/ Xiamen/Xingang/Shanghai SIN EiMfE/VK 28/7 LDN/FLX/LVP/SOU 28/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to
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  • Page 44 Advertisements
    • 384 44 CB SHIPPING r®) MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Monthly Mrvkc accepting FCL, LCL and breakbulk cargo to and from Lao, Port Moresby (P.N.Q.) and Townsvllle (Australia). Also other ports subject to Inducement. Next veeeel "ANNE" VI6SB ETA S'pore 17-18/8/90. Also starting regular service for project cargo to and
      384 words
    • 740 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE 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 3/8/90 25/8/90 26/8/90 2/9/90 B.A VI4CW9O 16/8/90 31/8/90 10/9/90 15/9/90 N.C V.14-90W 26/8/90 21/9/90 12/9/90 17/9/90 K.S
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    • 456 44 JBF OcEnnSERU/CE SERVICE TO/FRCN o/l KL: allied-LINK SINGAPORE: /fT^X m0M***** *****8955 778 #522(22 LINES) (SHE® IMM Om% IMM M-OHR—a CMM aim YMMW Y« X <*s^V I CMVBmHUL MWCB FROM SOUTH EAST ASIA/ FAR EAST TO USG/BRAZIL/ARGENTINA MV NORTWEEN SLEVIK MV NORTWEEN NOVA ETA MASAN 23/7 ETA SINGAPORE 13/8 FROM BRAZIL
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    • 226 44 4 FCL/LCL SERVICES MANH-A ETA 1 VK3QUR PACWC 11W M VIGOUR PAORC 12NS 1M a HONGKONG 26/7 27/7 KEELUNG 29/7 5/8 BANGKOK 27/7 3/8 BUSAN 26/7 5/8 JAKARTA 28/7 29/7 DURBAN 31/7 15/8 SURABAYA 25/7 27/7 PT LOUIS 31/7 15/8 PT. KELANG 27/7 3/T" KOBE 3/7 6/S PIRAEUS 25/7 1/5"
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  • Page 45 Miscellaneous
    • 937 45 TIDES AND WEATHER TODAY'S TIDES (Wght in metres) HOUtOOMOIMO2MO3NO4NOSMO6MO7MOONO9MIOMIIMI2NI3NI4NISMIMOI7NIIM!IMaN2IM22MaN JR 3.2 2.9 2.4 L 7 LI 0.6 0.4 0.3 0.3 a 7 1.4 2.0 14 2.5 2.4 2.0 15 1.1 0.9 1.0 L 2 L 7 2.4 11 PP 3.1 21 23 1.7 LI 0.6 0.3 0.2 02 0.6 1.4
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  • Page 46 Advertisements
    • 418 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL ■Wr shipping corp., Karachi. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TON S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 29/7 INDONESIA
      418 words
    • 677 46 ▲HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI INNOVATOR 34E 2S/07 02/06 2006 23/01 26/01 25/06 HYUNDAI PIONEER 32W IMJ6 2106 24/06 12/07 19/W HYUNDAI EXPLORER 33E 04/01 OW*
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    • 466 46 chartpointl Every Saturday in Business Times 1 EXPOR^O^ UK/CONTINENT (TRIO) cm or ammmm ja£* |ui°" s*"* Bl SP" .o«*. s»«m»*.mt+m KURAMA an M 144 1M IM 1M tr—itfmw :Tf MM tmiocimxss Vim ui m a* ma. UQQH katsuraci 2* ijh n» n* m a* MEDITERRANEAN (MED CLUB)* JEDDAH I||HH lappnlPWmm
      466 words