The Business Times, 24 July 1990

Microfilm: NL17037
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI fP* 170/19/KQ 75* Tuesday July 24 1990
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  • NEWS SUMMARY
    • Article
      EC and US agree on path of farm trade reform
      71 1 THE EUROPEAN Community and the US have resolved differences over how to proceed in negotiations on farm trade reform at the Uruguay Round world trade talks. The ECs delegate to Gatt said in Geneva yesterday that the Uruguay Round negotiating
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    • Article
      Bid to cut backlog
      24 1 THE Urban Redevelopment Authority is working hard to process planning approval cases quiddy to cut down the backlog. Page 2
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    • Article
      Design joint venture
      28 1 A LOCAL DESIGN company, which started as a husband-and-wife team, has joined hands with an American firm to better tackle the Asia-Pacific market Page 2
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    • Article
      Trouble for Thailand
      19 1 THAILAND'S dynamic economy risks overheating as an unprecedented boom in industrial investment fuels inflation Page 7
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    • Article
      Chinese imports fall
      28 1 CHINA'S imports in the first half of this year fell by almost one-fourth against the same period last year because of economic sanctions Page 8
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    • Article
      Russian reforms
      24 1 RUSSIAN President Boris Yeltsin plans to privatise much of the republic's economy and free prices as part of alternative reforms Page 9
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    • Article
      Garbo auction
      13 1 GRETA GARBO's art collection is going under the hammer Page 15
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    • Article
      Doubts over MSE deal
      34 1 A CLOUD of doubt hangs over state-owned Malaysia Shipyard and Engineering (MSE) on its success in securing the US$5O million fatty alcohol plant project in Kuantan. Shipping limes Page 1
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  • MARKETS SUMMARY
    • Article
      Footsie lower
      36 1 LONDON SHARES slid sharply in late trading following a sell-off on Wall Street. About an hour before the close, the Footsie 100 shares index stood down 46.8 points on Friday's close at 2,353.3 points.
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    • Article
      New Marco Polo issue
      34 1 HOTEL Marco Polo has proposed a one-for-one rights issue to help finance its new Paterson Road project, while reporting a turnaround with an after-tax profit of $7.72 million Page 3
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    • Article
      SSE takes first step
      41 1 SINGAPORE Shipbuilding Engineering (SSE), the specialist marine arm of the Singapore Technologies group, is offering for sale 46 million 25-cent shares at $1.20 each to the public as a prelude to a main board listing. Page 3
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    • Article
      J Chia floating firm
      28 1 SINGAPORE-BASED businessman Jack Chia is floating one of his companies in Thailand, Jack Chia Industries (Thailand) Ltd, on the Thai stock exchange Page 3
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    • Article
      Call for higher capital
      27 1 BANK of Thailand governor Chavalit Thanachanan wants commercial banks to increase their capital as the local stock market is now bullish. Page 6
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    • Article, Illustration
      STOCK INDICES
      28 1 Moaday Change BT-MGA 814.95 +3.83 Kuala Lumpur ...Closed Hongkong 3,559.89 +19.46 Tokyo 31,894.7 -526.73 Sydney 1,599.3 -3.4 Friday Change New York 2.961.14, -32.67 London 2,400.1 +12.8
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    • Article
      CURRENCIES
      20 1 Exchange rates USS S$ 1.8130 Yen SS1.2201 M$ SS0.6700 "Wjf "Hrwi mw Overnight 6 +1 3-month 7 1/4* +1/16
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    • Article
      COMMODITIES
      11 1 LmmIm field PM fix US$366.10 USS5.10 S'pore Aug... 155.25*/kg unch
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    • Article
      Market holidays
      15 1 MARKETS in Malaysia and Indonesia were closed yesterday for the Islamic New Year.
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  • Article
    SES to set rules on interest from share applications
    468 1  -  By Magdalene Ng THE STOCK EXCHANGE of Singapore is expected to announce a set of guidelines soon on how millions of dollars of interest earned on new share applications will be distributed. The guidelines, coming after months of study on the
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  • Article, Illustration
    Essex Electric chief wins high-tech entrepreneur award
    335 1  -  By Lim Mui Khi FAITH in Singapore-made products has paid off for one high-tech manufacturer. Last night, Mr Patrick Ngiam, executive chairman of Essex Electric Pte Ltd, received the first KPMG Singapore High Tech Entrepreneur Award for his contribution to the high-technology business
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  • Article
    Singapore can act as resource centre for Asean: EDB chief
    380 1 WITH its large population of multinational corporations, Singapore can act as a resource centre for Asean as the region pursues new technology to grow and prosper economically, the Economic Development Board's chairman said yesterday. Mr Philip Yeo, speaking at the
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  • Article
    US Textile Bill worries S'pore garment makers
    411 1  -  By John Tan ALREADY facing sluggish sales in the US, local garment makers are worried that a textile bill before President George Bush would only further reduce demand from their main market. The Textile Bill, passed by the US Senate last week, seeks
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  • Article
    Lock icon Dow swings wildly in early trading
    164 1 Reuter, AP WALL STREET stock prices tumbled mon than 1M points early yesterday bat thea quickly recovered aearty half of the loss as wild cooiputerdrivea trading hit the market The Dow Jones 30 share iadex cat its loss to 58.42 at 2,902.72 at 11am
    Reuter,; AP  -  164 words
  • Article
    Lock icon Japan wants China, Taiwan and HK in Apec
    302 1 AFP JAPAN wants China, Taiwan and Hongkong to join the Asia-Pacific Economic Cooperation (Apec) forum but will maintain a cautious position for the time being, a senior Foreign Ministry official said in Tokyo yesterday. The official, who asked not to be named,
    AFP  -  302 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      193 1 Nikon The World's Finest Photographic System. THE BET ON FUTURES MARGINS 10 RELIEF FOR SMALL INVESTOR 11 THE ISSUES THAT STILL BUG 12 Aircraft Schedule 25 Money Changer Rates 25 World News 1 9 Commodrties 24 Money Market 23 Cryptic Crossword 25 Reponai News 7 Financial News 6 Regional Stock
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      Page 1 Advertisements Column 2
      3 1 Focus, Pg 13
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Training institutes to get advisory committees
        88 2 TRAINING Institute Advisory Committees will be launched on Thursday for the Singapore Technical Institute, Clementi Institute of Commerce, Pasir Panjang Vocational Institute and the Singapore Vocational Institute. The committees will advise the institutes on ways of improving and promoting vocational training. Dr Tay Eng
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      • Article
        Brunei major-general on visit
        92 2 MAJOR-GENERAL Pehin Mohammad, the Chief of Armed Forces Staff, Royal Brunei Armed Forces, arrived yesterday for a farewell visit. Major-General Pehin Mohammad will be handing over his appointment to Brigadier-General Sulaiman Haji Dam it on Aug 10. He called on First Deputy Prime Minister CJoh Chok
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      • Article
        Pharmaceutical workshop
        67 2 THE PHARMACEUTICAL DEPARTMENT, Ministry of Health, will be holding an Asean workshop on communication, information and education on medicines for the community from tomorrow until Friday at the National Blood Centre, Outram Road. The workshop will be attended by delegates from the six Asean countries. Professor D O
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      • Article
        IE to hold conference
        62 2 MORE THAN 370 delegates from 31 countries will convene in Singapore from July 27 to 31 for the International Council on Education for Teaching's annual assembly. This year's assembly will be hosted by the Institute of Education, Singapore. The main theme for the conference will be
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      • Article
        Omni Marco Polo wins award
        53 2 OMNI MARCO POLO Hotel was selected as the runner-up in the "Overseas Best City Hotel" category in the Hotel of the Year 1990 presentation in London on July 4. The award was one of six overseas awards presented to hotels worldwide for excellence in various
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      • Article
        Corrections and clarifications
        110 2 IN THE People in Business column in the July 21-22 Weekend Edition of BT, we wrongly reported that Richard Yong had been appointed as the chief executive officer of Intraco Ltd. Mr Yong is the CEO of Hexa Timber, a subsidiary of Intraco. The CEO and managing
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    • Article
      URA reduces backlog of planning approval cases
      375 2  -  By Lilian Ang THE Urban Redevelopment Authority (URA) is trying hard to process planning approval cases quickly, and has so far succeeded in bringing the backlog to within reasonable limits. This was the message driven home yesterday by Mr Liu Thai Ker, URA's
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    • Article
      Stamford College needs more space
      165 2 THE Stamford College Group hopes to move to newer and bigger premises after it sells off the 11-storey Stamford Educational Towers in Queen Street. Mr Rabind Pereira, group deputy director, told BT that the options being considered include renting a vacant school from the Ministry
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    • Article, Illustration
      Trinidad and Tobago wooing investors from the Far East
      346 2  -  By Shoeb Kagda SPURRED by the greater opportunities for joint ventures as a result of increased globalisation, a 10-member delegation from Trinidad and Tobago is in Singapore as part of a six-nation tour of the Far East. Since liberalising its investment
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    • Article
      Local interior design firm ties up with US firm
      245 2 A LOCAL interior design firm which started off as a husband-and-wife operation has joined forces with an American architectural firm to penetrate the Asia-Pacific market. Thema Colleciones, founded by Mike and Ruby Soh eight years ago, announced its team-up yesterday with
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      207 2 §91 a US$l99 -gRHIMf :A /T.l Lli .Ivl"L. Pr; 1990 is Thai's thirtieth year of operation. And to period between January Ist, 1990 and December 31st, 1990 celebrate our birthday we've got a present for you. and that you purchase it before arriving in Thailand. $181? A Discover Thailand Ticket.
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Marco Polo makes $230m cash call to finance new project
      441 3  -  jjrj Elaine Koh HOTEL Marco Polo has proposed a $229.9 million one-for-one rights issue to help finance its new Paterson Road project. The rights issue, priced at $1.30 each, would only partly cover the development cost of the $600 million
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    • Article
      SSE offers 46m shares for sale at $1.20 each
      621 3  -  By AJ Leow SINGAPORE Shipbuilding Engineering (SSE), the specialist marine arm of the Singapore Technologies group, is offering for sale 46 million 25-cent shares at $1.20 each to the public as a prelude to a main board listing. The flotation of
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    • Article
      Lock icon Teong brothers to control KLI after restructuring
      508 3 NST FOUR BROTHERS of the Teong family will control Kuala Lumpur Industries (KLI) through Bee Hin Holdings after the implementation of KLl's restructuring exercise. KLI general manager Yap Ping Kon said the Teong brothers' proposed takeover of KLI is being made at the
      NST  -  508 words
    • Article
      Tokyo equities expected to continue sliding
      478 3 MARKET TALK THE TOKYO stock market has lost a steep 3.51 per cent of its value over the past two trading days with prices expected to drift lower in the next few days, brokers said. 'The equity market is blowing off a bit of
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    • Article
      Lock icon Jack Chia floating his Thai unit on SET
      385 3  -  By Lim Mui Khi Reuter SINGAPORE-BASED businessman Jack Chia is floating one of his companies in Thailand, Jack Chia Industries (Thailand) Ltd, on the Thai stock exchange. The company, established in 1948, which is one of Mr Chia's earliest companies, is offering
      Reuter  -  385 words
    • COMPANY BRIEFS
      • Article
        SSE shares: Easi-Card lines up special service
        112 3 OCBC BANK is making it convenient for Easi-Card (ATM) cardholders of the group to apply for the newly-launched Singapore Shipbuilding Engineering Ltd share issue. They can purchase cashier's order equivalents from selected EasiCash ATMs for only 1, the lowest commission charged in the
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      • Article
        OCBC, UOB, ICB meetings
        94 3 OCBC Bank, United Overseas Bank and its subsidiary Industrial Commercial Bank, are calling their respective extraordinary general meetings on August 18 for shareholders to approve amendments to the companies' articles of association which will put into effect the revised 40 per cent foreign shareholding limit and
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      • Article
        Wee Sin Tho on SingLand board
        69 3 SINGAPORE LAND will get a new director in Mr Wee Sin Tho, who was recently also appointed to the board of United Industrial Corporation. Mr Wee is also a director of Roxy Electric Industries, and a former director of First Capital Corporation. Mrs Lily
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      • Article
        Wepco completes acquisition
        31 3 WEPCO Ltd has completed the purchase of 95.65 per cent of the issued capital of Tong Aik Plastic Factory (Pte) Ltd which was first announced on June 20.
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      • Article
        Stake in Fuji Offset raised
        50 3 THE Singapore Sesdaq Fund Ltd has acquired an additional 650,000 shares in Fuji Offset Plates Manufacturing Ltd on July 11 for $855,554. This has raised its stake in the Sesdaq company to 9.42 per cent (3.42 million shares) from 7.63 per cent (2.77 million shares).
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      • Article
        Thursday debut for EON shares
        61 3 EDARAN Otomobil Nasional (EON)'s shares will be listed and quoted on the Kuala Lumpur Stock Exchange on Thursday on a ready basis. The KLSE said EON'S entire paid-up capital of 120 million shares will be admitted to the official list under the "industrials" sector. The
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      • Article
        Lingui to resite rubber activities
        86 3 LINGUI Developments hopes to consolidate all its rubberbased activities under Hock Lee Rubeer Products and Hock Lee Rubber Enterprises on a 20 ha piece of land in Sungai Buloh. The two companies are subsidiaries of Hock Lee Plantations which is wholly-owned by Lingui. Managing director
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      290 3 Improve your Communication Skills! The British Council's Business Communication courses are just what you need to get ahead in business.' fw I Programme for August September Confidence in Speaking UJ A course on correct pronunciation to help you speak with \JI confidence and poise. Dates: Thur, Fri 23 24 Aug
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  • Page 3 Miscellaneous
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mitsubishi companies buy Aristech stakes
        100 4 MITSUBISHI Corp sold stakes of 4.48 per cent in Aristech Chemical Corp of the US to each of four companies in its group for 770 million yen each, the five Mitsubishi companies said in a joint statement. Mitsubishi Kasei Corp, Mitsubishi Gas Chemical Co Inc,
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      • Article
        NZ beer for Swede brewery
        75 4 SWEDEN'S second biggest brewery Spendrups Bryggen AB was scheduled to start selling Lion Nathan Ltd's Steinlager beer from yesterday, Lion Nathan said. Spendrups, which will pay Lion Nathan unit New Zealand Breweries Ltd a royalty, is the first to brew the New Zealand beer abroad.
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      • Article
        Toshiba to boost output
        91 4 TOSHIBA Corp will nearly double its monthly output of integrated circuits for liquid crystal displays to two million units from the current 1.1 million starting in March 1991, a company spokesman said. Toshiba's wholly owned subsidiary Taketa Toshiba Electronics Co, in Oita prefecture, will invest about
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    • Article
      Lock icon Taiwan tightens up on errant brokerages
      320 4 Reuter TAIWAN is intensifying its crackdown on illegal operations by brokerages after a third company went out of business amid accusations its officials embezzled about NT$B3 million, the Finance Ministry said on Monday. Finance Minister Wang Chien-shien said the government would step up investigations
      Reuter  -  320 words
    • Article
      Lock icon Renault to setup plant in Thailand
      145 4 The Bangkok Post SIAM Renault Co, an affiliate of French vehicle giant Renault, has announced plans to set np its own assembly plant costing 200 million baht, following the government's announcement that it will allow more car assembly plants to be opened in Thailand.
      The Bangkok Post  -  145 words
    • Article
      Thai PM defends Caltex deal approval
      400 4 THAI Prime Minister Chatichai Choonhavan has defended his government's approval for Caltex Oil (Thailand) to set up the fifth oil refinery in Thailand without having to undergo a bidding process, according to The Nation. He explained the endorsement was made to meet rising demand
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    • Article
      Chuemkamol to launch residential project
      269 4 CHUERNKAMOL Resort Co plans to launch a Bt7oo million residential project, Eastern Sea Point, in Ban Chang District, Rayong, targeted at businessmen working in the country's burgeoning Eastern Seaboard district, The Nation newspaper reported. Chuemkamol Resort Co is owned by three prominent businesspersons Kalaya Mahadumrongkul
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    • Article
      Lock icon Consortium wants to keep Oakbridge a listed company
      380 4 Reuter THE Australian and Japanese consortium bidding 88 Australian cents a share for Oakbridge Ltd wants to keep the New South Wales coal miner as a listed company, said Tony Lawrance, managing director of consortium leader Mcllwraith McEacharn Ltd. Mr Lawrance said
      Reuter  -  380 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      213 4 GOOD IDEAS KEEP COMING UP Compact The new laser printer that's Ir emulates sof the most popular Flexible paper handling manual u printers: HP LaserJet Series 11, Epson feed accepts even envelopes and small in Size, big on quality. FX-80, IBM Graphics Printer, IBM Pro transparencies The JX-9500 fits almost
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Alcan Aluminium serves lockout notice
        94 5 ALCAN Aluminium Ltd said it served the Canadian Association of Smelter and Allied Workers with notice that it may lock the 1,500 unionised workers out of its Kitimat smelter as of midnight Monday. Alcan Aluminium spokesman Allan Hewitson said the 72-hour lockout notice was given
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      • Article
        Strike at Noranda smelter
        89 5 THE United Steelworkers of America said 450 union members are on strike at Noranda Inc's Belledune lead smelter in an attempt to win a new two-year labour contract. Steelworker spokesman Phil Best said no negotiations had taken place since June 25 and none was planned at
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      • Article
        Kubota unit all ready
        107 5 KUBOTA Ltd said in Sunnyvale, California, that although definitive agreements remain to be signed, it anticipates that its new subsidiary, Kubota Pacific Computer Inc, will begin operations within the next 30 days. Kubota Pacific will make graphics supercomputer products for Stardent Computer Inc, in which Kubota
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      • Article
        Firstcorp revises results
        108 5 FIRSTCORP Inc said it revised its results for the fiscal year ended March 31, 1990, to show a loss of US$2O.4 million or $6.25 a share. In its preliminary earnings release, the company had reported a loss of $9.5 million for the year and said it had
        108 words
      • Article
        New Jersey utility makes stand
        136 5 JERSEY Central Power Light Co said it knew no alternative that would allow the utility to supply electricity to its customers more economically than continued operation of Oyster Creek Nuclear Generating Station. The utility said it took issue with the contentions by New Jersey Public
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    • Article
      Lock icon New team works to restore image of Paribas
      358 5 NYT EIGHT MONTHS after botching the biggest takeover ever proposed in France, Compagnie Financiere de Paribas, guided by a new management team, is fashioning a strategy to help restore its badly bruised image. In the long term, the strategy is likely to
      NYT  -  358 words
    • Article
      Lock icon Bankruptcy a blessing for US steel mill
      422 5 NYT WHEELING-PITTSBURGH Steel Corp might be cited as a case study of how bankruptcy can sometimes have a rejuvenating effect. The company says it has improved production and profits so well that it will meet its goal of emerging from bankruptcy this year.
      NYT  -  422 words
    • Article
      Lock icon RHM to sell cereals business
      145 5 Reuter RANK Hovfa McDoogall pic said it was selling its breakfast cereals basiness to Cereal Partaers UK, a joiat veatare between Nestle SA aad Geaeral Mills, Cor £97 million. RHM Breakfast Cereals was fanned last year through the amalgamation of the Shreddrd Wheat bnaiarss, Vlota
      Reuter  -  145 words
    • Article
      Lock icon Consortium in talks to buy De Havilland
      328 5 NYT A CONSORTIUM comprising Aeritalia of Italy and Aerospatiale of France is negotiating to buy De Havilland of Canada, Boeing's troubled commuter aircraft subsidiary. Boeing, which acquired De Havilland from the Canadian government only four years ago, appears to have lost patience with
      NYT  -  328 words
    • Article
      Lock icon Hanson hot on the heels of Powergen
      163 5 Reuter HANSON pic is understood to be a frontrunner in a potential £1 billion plus auction for control of Powergen, one of the UK electricity industry's two generating conglomerates that are both due to be privatised next year, a Sunday newspaper said. A
      Reuter  -  163 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      112 5 Hg|P CraL wlupa ap atora. "Renemker tie ojstera job lad to take kefore you propoaeJ?" Its ALout Tune So meone Life kefore LoLater waa diacovered. V -Expose JWkat^Hf Our Skellfisk our Rock I ■auce. a I|B over o.r Scallop -oaue. Now jo. don't aeed to go to Stoaekeage to ke
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Westpac opens rep office in Bangkok
        92 6 WESTPAC Banking Corp opened a representative office in ftangVnk yesterday and hoped eventually to open a full commercial branch. "We are very pleased to have been given permission to establish a representative office in Thailand, but we sec it as a first step towards
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      • Article
        Konica considers Europe unit
        81 6 KONICA Corp is considering establishing a financing unit in Europe to raise capital for its local subsidiaries, a company spokesman said. Konica Capital EC (Holland) BV, capitalised at US$6 million, currently finances the firm's West German production unit, but does not raise capital locally. As Konica
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      • Article
        Voting on Nymex's by-laws
        66 6 NEW YORK Mercantile Exchange (Nymex) members were to vote yesterday on several by-law amendments affecting how the world's largest energy exchange is governed. The proposed changes, submitted in April, are aimed at curbing the board's power. The move, believed to be the first time Nymex members
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      • Article
        S'pore T-bill yields at 4.29pc
        66 6 THE average yield at this week's auction of Ssl2o million of 91-day Treasury bills was 4.29 per cent and the cut-off 4.40 per cent, the Monetary Authority of Singapore said. Bids totalled SSI7I million. This compares with an average vieid of 3.93 per cent and
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      • Article
        Midland denies Forward's sale
        99 6 MIDLAND Bank pic said a report in yesterday's Independent newspaper that it was putting its finance house unit Forward Trust up for sale was "pure speculation". "We never comment on speculation. We have no announcement to make and none planned," a Midland spokesman said. The Independent
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    • Article
      Lock icon Madrid paves way for bank merger
      176 6 Reuter THE Spanish government has granted a 39.03 billion peseta tax break for two Spanish savings banks, paving the way for their merger into the county's largest financial institution and one of Europe's largest savings banks. The economy ministry said last week that it
      Reuter  -  176 words
    • Article
      Bank Buruh may raise share financing limit
      296 6 BANK Buruh, which received overwhelming response to its share financing scheme, may consider raising the limit from the current M 520,000, says its executive director, Tan Sri R V Navaratnam. "We may gradually increase the limit so that we will not be exposed
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    • Article
      Lock icon Thai commercial banks encouraged to raise capital
      576 6 The Bangkok Post BANK of Thailand governor Chavalit Thanachanan wants commercial banks to increase their capital as the local stock market is now bullish. Chavalit said on Sunday that he will be meeting 15 commercial bank executives to discuss the overall banking situation
      The Bangkok Post  -  576 words
    • Article, Illustration
      Qantas to lease Boeing 767-300 aircraft
      198 6  -  Quak Hiang Whai AUSTRALIAN national airline, Qantas, yesterday signed an agreement in Tokyo to lease a Boeing 767-300 aircraft through funds provided by Japanese banks and investor! Under a special arrangement with an undisclosed paper company set up by a Japanese leasing company, Qantas
      198 words
    • Article
      Lock icon Australian Ratings downgrades three foreign banks
      328 6 Reuter AUSTRALIAN Ratings Pty Ltd has downgraded long-term debt ratings for Standard Chartered Bank Australia Ltd to 888 plus from A minus, HongkongBank of Australia Ltd to A from AA and Chase AMP Bank Ltd to A from A plus. The ratings agency also
      Reuter  -  328 words
    • Article
      Lock icon Deutsche Bank sees continuing 'exceptional' potential of Asia-Pacific
      307 6 Bernama ALTHOUGH Europe it gaining in significance, the Asia-Pacific region will remain an exceptionally promising growth centre for the Deutsche Bank group, a senior economist of the leading German bank said "South-east Asia has been and will continue to be an important
      Bernama  -  307 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      Page 6 Advertisements Column 2
      275 6 I Create A Sensation I I at Holiday Inn Parkview I II PRIME GROUND FLOOR SHOPS FOR LEASE I h We are offering to you this exclusive chance to be part I 1; j of the hotel's shopping arcade! g I Area 342 453 591 906 sq ft 8 Preferred
      275 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Thai economy risks overheating as boom fuels inflation
      468 7 Reuter THAILAND'S dynamic economy risks overheating as an unprecedented boom in industrial investment fuels inflation, bankers and economists say. Gross domestic product is expected to post real doubledigit growth for the third straight year in 1990. The central bank recently raised its
      Reuter  -  468 words
    • Article
      HK manufacturers expect rise in sales to Japan
      333 7 MORE THAN 50 per cent of Hongkong's manufacturers expect to increase exports to Japan this year but almost as many expect their sales to China to continue to worsen, according to the South China Morning Post. Questionnaires sent to 5,761 companies in
      333 words
    • Article
      Lock icon Mitsubishi eyeing Hanoi market
      129 7 AFP MITSUBISHI Corporation, Japan's mammoth trading company, said in Tokyo yesterday that it planned to open offices this year in Vietnam, a country viewed as a strong potential market for foreign businesses. Mitsubishi officials said the company hopes to open offices in Hanoi and Ho Chi
      AFP  -  129 words
    • Article, Illustration
      Lock icon Aquino under pressure to put off debt payments
      261 7 AP PRESSURE mounted yesterday on Philippine President Corazon Aquino to suspend foreign debt payments in the wake of last week's devastating earthquake, despite her opposition to the proposal. Representative Rolando Andaya, chairman of the House Appropriations Committee, said he would push through
      AP  -  261 words
    • Article
      Thailand provides incentives to 12 hotel projects
      293 7 THAILAND'S Board of Investment (Bol) has provided promotional privileges to 12 hotel projects nationwide, which will need a combined investment of more than 3 billion baht, representing continuing investment in this booming industry, reports The Nation. The hotel projects are among the total
      293 words
    • NOTE BOOK
      • Article
        NZ forests income may plug budget gap
        78 7 NEW ZEALAND economists suspect that Finance Minister David Caygill may use income from privatising state forests to cover a surprise budget deficit rather than for the original aim of repaying public debt Comments by State-owned Enterprises Minister Richard PrebWe that part of the
        78 words
      • Article
        Aquino welcomes truce offer
        72 7 PHILIPPINE President Corazon Aquino yesterday welcomed a truce offer from communist rebels, but said the government will keep enforcing the law and told insurgents to renounce armed struggle for good. "This is good news if it is true and if they are really sincere," Mrs Aquino
        72 words
      • Article
        Ramos on handling of quake
        84 7 THE PHILIPPINES was ill-prepared for last week's killer earthquake but has learned important lessons for handling future catastrophes, Defence Secretary Fidel Ramos said yesterday. Mr Ramos told reporters that when the quake, measuring 7.7 on the Richter scale, struck Luzon in the afternoon of July
        84 words
      • Article
        Aceh official raps extremists
        107 7 THE VICE-GOVERNOR of Aceh has for the first time blamed extremists for a spate of anti-government attacks in the strongly Muslim north-west Indonesian province over the past two months. The weekend statement by A R Ishaq came as tracts claiming the attacks in the name of
        107 words
      • Article
        Sirim undergoes revamp
        94 7 THE Standards and Industrial Research Institute of Malaysia (Sirim) is undergoing major reorganisation to give greater emphasis to research and development activities, said Sci- ence, Technology and Environment Minister Datuk A mar Stephen Yong in Kuala Lumpur yesterday. The Malaysian government recently agreed to Sirim employing 178
        94 words
      • Article
        Trade talks face 'bumpy ride'
        99 7 SUSPENSION of world trade talks in Geneva yesterday were indicative of the "bumpy ride" ahead, New Zealand's Trade Minister Mike Moore said in a statement in Wellington. Mr Moore is convenor of the Eminent Persons Group which grew out of the Cairns Group within the
        99 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      121 7 Freehold Terraced and Semi-Detached Factories From M 5300,000 Onwards! NO RESTRICTION TO FOREIGN OWNERSHIP EASY ACCESSIBILITY VIA JALAN KOTA TINGGI AMPLE 3 PHASE ELECTRICAL WATER SUPPLY (PROPOSED 4-LANE EXTENTION.) GOOD QUALITY INDUSTRIAL BUILDINGS. NEAR T0 POPULATION CENTRES. 530 »t] 1 M 5360,000.00 M 5460,000.00 SINGAPORE SOLE MARKETING AGENT mmWrt4 p
      121 words
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  • THE WORLD 1
    • Article
      Lock icon China's imports plunge in first half, exports hit record in June
      363 8 AP CHINA'S imports in the first half of 1990 fell by almost one-fourth compared with the same period last year because of economic sanctions imposed after China's crackdown on last year's pro-democracy movement, a government official said in Beijing
      AP  -  363 words
    • Article
      Lock icon Taipei's trade with Beijing up sharply
      167 8 Reuter TAIWAN'S indirect trade with China rose sharply in May and officials said the rapid growth would continue for the rest of the year. Official figures showed Taiwan's trade with China through Hongkong jumped more than 22 per cent to US$374 million in May
      Reuter  -  167 words
    • Article, Illustration
      Lock icon From Shanghai to Disneyland
      45 8 Shanghai mayor Zhv Rongi enjoys the view during a jangle boat ride at Disneyland last Sunday. He and five other mayors from China are on a 20-day, six-city tour of the US to examine urban planning issues. AFP picture AFP picture
      AFP picture  -  45 words
    • Article
      Lock icon India cuts imports to save foreign exchange
      108 8 Reuter INDIA'S Commerce Ministry said it had modified its import policy, reducing imports of capital goods, raw materials and components to save foreign exchange. Release of foreign exchange for importing raw materials and components by vehicle, consumer durables and electronics industries will be
      Reuter  -  108 words
    • Article
      Lock icon High-level investment team lists China's faults
      267 8 Reuter A HIGH-LEVEL Japanese team has complained to Chinese officials about the problems of investing in China. Japanese sources in Beijing said during the weekend that the delegation told a group of trade ministry and other officials that China needed political stability before investment
      Reuter  -  267 words
    • Article
      Lock icon Japanese may build and lease Dalian industrial buildings
      220 8 Reuter TWO JAPANESE trading houses and a bank are discussing with the north-east-ern Chinese city of Dalian a plan to erect industrial buildings there and lease them for up to SO years, a spokesman for C Itoh and Co Ltd said in
      Reuter  -  220 words
    • Article
      Lock icon Saudis expect to tap vast Chinese petrochem market
      248 8 AFP NEWLY-FORGED SaudiChinese diplomatic ties open a vast market for Saudi petrochemical products and could point to better relations between Riyadh and Moscow, said economic analysts on Sunday. Chinese Foreign Minister Qian Qichen and his Saudi counterpart Prince Saud alFaisal announced the
      AFP  -  248 words
    • Article, Illustration
      Lock icon Yeltsin unveils alternative reforms for republic
      269 9 Reuter RUSSIAN Federation President Boris Yeltsin plans to privatise much of the republic's economy and free prices as part of alternative economic reforms, according to the independent press service Interfax. Mr Yeltsin's programme, dubbed the "500-Day Confidence Mandate", would have four stages extending over
      Reuter  -  269 words
    • Article
      Lock icon Peg E German pay to productivity, says Bundesbank
      359 9 Reuter EAST GERMAN wage levels will play a key role in East German industrial competitiveness and must reflect productivity, says West Germany's Bundesbank. "Wage rises which cannot be backed up on the productivity side would negatively impact... competitiveness and endanger jobs," the
      Reuter  -  359 words
    • Article
      Lock icon Economists expect UK wage inflation to touch 10pc
      309 9 Reuter THE rate of UK wage inflation is set to hit 10 per cent or more in coming months, say economists, following a recent stream of high pay awards and signs that wage pressures are mounting. UK economic data released late last
      Reuter  -  309 words
    • Article
      Lock icon E Europeans suffer effects of price rises
      359 9 AFP EAST EUROPEAN countries are suffering unprecedented soaring prices, due partly to the end of public subsidies but also as a result of an oil shortage caused by cuts in Soviet deliveries. Czechoslovakia, seen as one of the most solid of the reforming
      AFP  -  359 words
    • Article
      Lock icon Keep close watch on E Bloc, says BOJ
      163 9 Reuter THE BANK of Japan (BOJ) says close attention should be paid to the situation in the Soviet Union and Eastern Europe as unexpected developments could affect both foreign exchange rates and international commodity prices. Recent dramatic changes in those regions were
      Reuter  -  163 words
    • WORLD WATCH
      • Article
        Honda moving into E Germany next month
        100 9 HONDA MOTOR CO LTD will start selling cars in East Germany next month, initially seeking a one per cent share of the country's car market. Company officials in Tokyo said yesterday that Honda, Japan's third biggest car maker and the world's largest motorcycle
        100 words
      • Article
        Sino-Japanese pact on steel
        75 9 JAPAN'S six major steelmakers have agreed to export about one million tonnes of rolled steel to China in the second half of this year, Nippon Steel Corp (NSC) said yesterday after talks which had begun in Tokyo on June 13. The agreement was between the six
        75 words
      • Article
        S Korean opposition MPs quit
        44 9 ALL OPPOSITION LEGISLATORS in South Korea formally resigned yesterday to press their demand for a new general election. The ruling Democratic Liberal Party (DLP) co-leader Kim Young-Sam said the National Assembly planned to return all the resignation letters unaccepted.
        44 words
      • Article
        Moscow to reaffirm interest
        79 9 INDIAN PRIME MINISTER V P Singh is holding talks with Soviet leader Mikhail Gorbachev this week which Moscow says will dispel doubts over its continued commitment to India and the Third World. A senior Soviet Foreign Ministry official told the official Tass news agency in Moscow
        79 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      163 8 How will the won measure against your wants and yens? Facts that figure 'Today and every day, Zaobao Business. China, Japan and the 4 NIEs are the formidable SI ER Chinese entrepreneurs on foreign soils. paper, the business section is undergoing a radical J muniHiua I economies that ring the
      163 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      253 9 Mm fl a -W rf a W jl V 1 fc .i Jfc J MM MM The more miles you fly United for business, the more free trips we give you for pleasure. Join United's Mileage Plus program and the more you fly us, the more we fly you. Fly
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  • Article
    Rules of politics reiterated
    481 10 EDITORIAL FIRST Deputy Prime Minister Goh Chok Tong's reminder on Sunday that a freer climate must not lead to indiscipline clarifies an issue at the heart of Singapore's political development. Mr Goh, who will take over the premiership from Mr Lee Kuan Yew in November, reaffirmed
    481 words
  • WHAT THE OTHERS SAY
    • Article
      Travesty of democracy
      238 10 INDIAN democracy is plagued by vested interests, and the latest example of it is Prime Minister V P Singh getting caught in a controversy surrounding the role of his deputy's son in election violence in Haryana State. Mr Singh survived, but anybody who wants to change the
      238 words
    • Article
      Taking the long view
      90 10 THE "weekend car" scheme could result in our roads becoming busy at night and on holidays as well. Parking problems could worsen; and the pursuit of leisure the very reason for the weekend scheme could be marred by the new problems tossed up. The demand for
      90 words
    • Article
      A surprise move
      153 10 THE policy shift by the United States on the Cam- bodian issue is indeed a big blow to Asean. Why the sudden change of heart? The breakdown of the communistic system the world over provides one strong reason. But the marked changes in Soviet foreign policies and
      153 words
  • REGIONAL VIEWPOINTS
    • Article
      Competition is healthy
      216 10 THE government appears ready to capitulate to opposition from the Hongkong legal fraternity and abandon its plan to deregulate the profession. But amid the hubbub, the government appears to have lost sight of the twin purpose of the proposal: to challenge the protectionist sentiment in the profession
      216 words
    • Article
      Time to release Suu Kyi
      141 10 DAW Aung San Suu Kyi has spent the past 12 months under house arrest. She faced no charges, was accused in no court. Most Burmese and most friends of Burma have long concluded that Suu Kyi was detained because of her charisma, her popularity and
      141 words
    • Article
      A new, changed Germany
      155 10 THIS week's agreement between Soviet President Mikhail Gorbachev and West German Chancellor Helmut Kohl on ending remaining Soviet objections to German unification was a god-send to the German nation in general and Kohl in particular. Unlike the Germans in the *****, the Germans in the 1990s
      155 words
  • Article, Illustration
    Lock icon What's the bet on futures margins
    1509 10  -  There is increasing pressure on the US Congress to reform parts of the securities industry and control speculation in the futures market. Floyd Norris examines the issue Floyd Norris NYT WITH the US financial futures industry fearing for its future, and some parts of
    NYT  -  1,509 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon EC remains tenacious in defending farm subsidies
      895 11  -  World trade negotiators meet in Geneva this week to try to draft the first text of a final agreement to reduce support for EC farmers. Greg McCune reports on the controversial Common Agricultural Policy Greg McCune Reuter THE European Community's controversial Common Agricultural
      Reuter  -  895 words
    • Article, Illustration
      Is there relief for the small investor?
      1611 11  -  Australian investors have suffered severely on the stock market following the collapses of high-profile companies in recent months. But little has been done to correct corporate misdemeanour and the states are still squabbling over the creation of a national watchdog body. Florence Chong,
      1,611 words
    • Article, Illustration
      Lock icon Constructing a new image
      717 11  -  Japan's building industry is wooing women and the elderly to cope with a severe labour shortage. Kayako Watanabe reports Kayako Watanabe Reuter JAPAN'S construction industry, struggling to cope with a building boom that has outstripped the supply of workers, is tapping new labour markets, including women
      Reuter  -  717 words
  • Page 11 Advertisements
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  • FOCUS 1
    • Article
      Lock icon Taiwan's top PC maker learns it the hard way
      607 12  -  INNOVATIONS TECHNOLOGY S.PfTEP BY 1 LOH HUI YIN Reuter Acer, Taiwan's leading personal computer (PC) maker, has discovered its winning mix of high technology and low-cost manufacturing is no longer enough. "Technology is not our limitation; marketing is," Stan Shih, Acer's
      Reuter  -  607 words
    • Article, Illustration
      Lock icon The issues that still bug ISDN's business, residential applications
      862 12  -  By Donald A Stanwyck LAST December, Singapore became the first country in the world to introduce a nationwide Integrated Services Digital Network (ISDN), an infrastructure that enables several telecommunications services such as telephone, facsimile and data to be provided over a
      A Singapore Telecom picture  -  862 words
    • Article, Illustration
      Automation Concepts looks at spreading its wings
      467 12  -  By Said Abdullah JUST four years old, and a small local computer firm is preparing to carve a niche for itself in the computer business here as well as in the region. Automation Concepts, set up in mid-1986 by two former colleagues, is
      467 words
    • Article
      Two new notebook PCs offer a useful contrast for laptop buyers
      600 12  -  Kenneth James road-tests two small wonders from Psion and Sharp ■T MATTERS Kenneth James SO YOU'RE in the market for a portable personal computer (PC), laptop-sized or smaller. But which one? The options are dizzying one computer magazine recently
      600 words
    • Article, Illustration
      Home-grown Essex is out to be a local version of IBM
      1539 13  -  A home-grown computer company whose expansion now transcends national boundaries shares its recipe for success with Mano Sabnani and Lim Mui Khi Mano Sabnani,Lim Mui Khi IT IS NO coincidence that this year's KPMG Peat Marwick Singapore High Tech
      1,539 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      151 12 CD-WORM™ Document Management Systems Designed and developed by PRIMEFIELD The systems your office should run on Can't find your documents? Information misfiled? Out of file? Someone sitting on it? Unauthorised document access? Too many duplicates? Many problems, one solution —the CD-WORM Document Management solution. Whether as a standalone, or, on
      151 words
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      Page 12 Advertisements Column 2
      370 12 NOTICE NOTICE IS HEREBY GIVEN that, ITAN HONG CHIEW of No 8 CHENG LIM FARMWAY 3, Singapore 1954, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Prime Supermarket Pte. Ltd at Blk 962 Jurong West Street 91, #01-300, Si ngapore2264, and that this application
      370 words
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      Page 12 Advertisements Column 3
      371 12 NOTICE NOTICE IS HEREBY GIVEN that. I TAN HONG CHEW of No 8 CHENG LIM FARMWAY 3, Singapore 1954, have applied fa a Retail Liquor Shop Licence in respect of premises at M/s Prime Supermarket Pte Ltd at Blk 142 Teck Whye Lane, #01-281, Singapore 2368, and that this application
      371 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      79 13 1 1 W 1 UNIT OF RADIAL AUTO INSERTION MACHINE Model: Pansert NM 2143 C Power source: AC 100 V. 50/60 Hz. Air supply 5 kg/cm 3. B) 1 UNIT AXIAL AUTO INSERTION MACHINE Model: Pansert AA NM 2051. Power source: AC 100 V, 50/60 Hz. Air supply skg/cm3, Variable
      79 words
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      Page 13 Advertisements Column 2
      1052 13 nmw. OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE is hereby given that an Extraordinary General Meeting of the stockholders of the Company will be held at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104 on Saturday, 18 August 1990 at 12
      1,052 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      235 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... Some of our best advertising is by word-of mouth. smUk For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 8585
      235 words
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      Page 14 Advertisements Column 2
      333 14 A SBUttIING FORMATION APPEARS TUMGHTABCM SGOTISHHD —Wimt ilcaf«|«i With its spectacular glass frontage. the Canopy Bar lb the ideal place to see the stars It's aKo\Singapore's newest and most exclusive rendezvous The Canopy Bar. upstairs at the Hyatt Live Seafood Promotion UEcJ "Live" from the sea, "Fresh" on your plate
      333 words
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      Page 14 Advertisements Column 3
      246 14 TAKE UP SINGING IN THE STREETS. Come karaoke with our cordless mike, choose from our latest discs. We set it all right ior you the song, the tune, the mood and even our snacks. Only at the Streets. Nightly. f gbtßKr i V JSqMHT- vj V lX- 'Sv Feast on
      246 words
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      Page 14 Advertisements Column 4
      330 14 Ist —31st July I From corn-fed American cattle come succulent, juicy steaks Roast Prime Rib of Texas Steer Beef, Boston Oyster Steak and Braised Beer Steak complemented by excellent wines and delicious desserts. sth floor 333 Orchard Road. Singapore 0923. T«fc *****11. H July 1 to 31 280 $14.50** adult
      330 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      556 14 TELEVISION AND RADIO a A A 1 11 7.00 Rosmrm Inherit the 3.45 RaNgliai PrifTMMM BUSWESS ON RACK) Against the odds I 8.00 D« f iirtli Upheaval in Al- letin for students a young 4.40 CMb'i Aafab (Cont d). T ift— 12St Financial News gena (See Our Choice). person's guide
      556 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Exciting auctions at year-end
      966 15  -  Art lovers are looking forward with great interest to the year-end auctions of rivals Sotheby's and Christie's. The former is selling the art collection of the late Greta Garbo and the latter a van Gogh masterpiece. Rita Reif reports Rita Reif NYT Greta Garbo's art collection
      NYT  -  966 words
    • Article
      Lock icon US movie rating board gets a dressing down in court
      832 15 NYT Anew york state judge has upheld the X rating given to the Pedro Almodovar film Tie Me Up! Tie Me Down! and said he inferred that Miramax Films, the distributor, had brought the suit for publicity purposes. However, in
      NYT  -  832 words
    • Article
      Jazz pianist Joe Turner dies of heart attack
      495 15 CMATIHHH JAZZ pianist Joe Turner, who played with such greats as Louis Armstrong and Benny Carter, has died of a heart attack in Paris. He was 82. Turner, who died on Saturday at suburban Montreuil hospital, helped make famous the "stride style"
      495 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      173 15 AND ENTERTAIN Set Your Heart On Our Set Meals. 7® LUNCH: II MAM IU I B&jMfwlß Vr 2 «pm »i<> sc.. 1 I SbWH ,4 PtR PERSON DINNER: 6.30PM TO ""A-:-' i*-*- IOJOPM JlfcSC. PER PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money
      173 words
    • Advertisement
      Page 15 Advertisements Column 2
      150 15 TEOCHEW THAI SEAFOOD 1 Spicy. Tantalising. Mouth-watering. Come experience these tempting treats at Siam Square Restaurant today! for a la carte menu j 30 September 1990 I Siam Square Re Ltd 3Coleman Street #01-12/14 Peninsula Shopping Centre Spore 0617 Tel: *****37******79 Tm f\W If A Restaurant and 1 Karaoke Lounges
      150 words
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  • SPORTS
    • SIDE LINES
      • Article
        Dead heat for Games' swimming gold medal
        123 16 AMERICAN Dave Wharton and Patrick Kuehl of East Germany swam to what is believed to be the first gold-medal dead heat in a major meet in six years last Sunday in the men's 400 m individual medley at the Goodwill Games in Seattle.
        123 words
      • Article
        Racer dies from crash injuries
        67 16 RICH VOGLER's life ended the same way his father's did: in a Fiery crash on a small Indiana race track. Vogler, who would have been 40 on Thursday, died of head injuries last Saturday after crashing at the Salem Speedway in southern Indiana. His father
        67 words
      • Article
        Ivanisevic bags first title
        63 16 GORAN IVANISEVIC beat Guillermo Perez-Roldan in four sets to capture his First major tournament title at the USSI million ATP Mercedes Cup in Stuttgart last Sunday. The 18-year-old Yugoslav, a rising star on the men's circuit, won a fourth-set tie-breaker to clinch the win over ninth-seeded
        63 words
      • Article
        Ski events in NZ rescheduled
        70 16 WORLD CUP ski races, originally scheduled to start later this month on Mount Hutt in New Zealand, have been rescheduled for Aug 6 to 9, according to race organisers. International Ski Federation World Cup delegate Hans Schweingruber and organising committee vice-chairman John St Clair Brown
        70 words
    • Article, Illustration
      Lock icon Dream Open win for Faldo
      884 16 AFP NICK FALDO realised his lifetime's ambition at St Andrews last Sunday when he captured his second British Open title at the home of golf. Ever since the 33-year-old Englishman was persuaded to take up golf by television pictures of the US Masters in the
      AFP; AFP picture  -  884 words
    • Article, Illustration
      Lock icon Greg LeMond takes the Tour
      640 16 AP GREG LEMOND said it simply, almost matter of iy"l feel 1 merit this victory," he said. "The Tour de France never cheats anybody out of a real victory. It is always the best who wins." There was no sense of boasting in the remark.
      AP; AFP picture  -  640 words
    • Article
      Lock icon Agassi cruises to Washington title
      225 16 Reuter TOP-SEEDED Andre Agassi crushed any hopes sixth-seed Jim Grabb had of capturing his second career singles title with a 6-1, 6-4 victory in Washington last Sunday in the U*****,000 Washington Tennis Classic. The last time the two met in a final at Seoul in
      Reuter  -  225 words
    • Article
      Lock icon Sanchez Vicario clinches Virginia Slims title
      251 16 AP TOP-SEEDED Arantxa Sanchez Vicario stormed back from a 5-2 deficit in the third set to beat Jo Dune 7-6 (7-2), 4-6, 7-5 for the championship of the Virginia Slims of Newport tennis tournament in Rhode Island last Sunday. Dune, trying for her first
      AP  -  251 words
    • Article
      Lock icon Garrison confident of US success in Federation Cup
      298 16 Reuter ZINA GARRISON says that the new-look US team is confident of successfully defending its title in an injury-hit Federation Cup. "We're the ones to beat. We feel we have the best team," Garrison said in Atlanta last Sunday, a day before
      Reuter  -  298 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      35 16 f^nT fefc-t \%i J iB BPr "&%<f lEk y |l y ■iflr '^%W U Guess what's my line win K^^^B&saiy' &jl Watcbout for details in The New Paper today! ii I i4n Exclusive !&W.IIMJjH Promotion
      35 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market starts week on a lacklustre note
      4056 17  -  By Magdalene Ng LOCAL SHARES started the week in thin and featureless trading with the poor performances on Wall Street last Friday and on Tokyo's stock market yesterday affecting sentiments. Analysts of some brokerage houses had said over the weekend that shortterm trading
      4,056 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3933 18 Main SIA Foreign 1890 +50 +2.7% S1A 200 1450 50 3.6% SIA 1450 +40 2.8% OCBC Foreign 1060 +30 +2.9% Isetan 50* 850 20 2.4% Semb Maritime 436 +14 3.3% Spore Fodder 189 +13 +7.4% OCBC 930 +10 +1.1% Metro Hldgs 565 +10 +1.8% Spore
    3,933 words
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  • Article, Illustration
    KUALA LUMPUR STOCK EXCHANGE
    3135 19 r 19M Laat Vol Week Net Cap H%fc Law Cif it Sale "000 Hick Lw P/E Sail INDUSTRIALS 336 209 AISBSO* 234 12 794 239 223 28.2 240.0 633 376 ASM SO 1 330 10 639 360 323 37.9 2173.9 306 230 Ajiaomoto 273 -10 3
    3,135 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      107 19 The KLSE was dosed yesterday for the Islamic New Year. The folkmiag are Friday's dosiag prices. FOR WHO. WHAT. Wilt RE AND frHEN HI T||E ADVERTISING MARKETING, in BUSINESS TIMES MM every Thursday, covers a vital sector of the economy comprising the M| country's communications muscle. ■wk Hi I 9
      107 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      231 20 mm to fnft/lM (L) par star* MM l*Hlj (cuts) B SMtemni MS Mar 90 $13,454(96.793) 56.1(28.3*) 35n(15a) Metro Hdp JM 4 Mar 90 $8,006($10.219) 14 6(18.7a) 4(2 7a) tafcmn M Jut 4 Mar 90 M$105.988($98,362) 37.1(34.5) 301(45) Sport Fodder M 2 Dec 89 $590L($763t) Trammarcc Jul 2 Mar
      231 words
    • Article
      PRELIMINARY RESULTS
      229 20 Cif—y Date Ymt 6nap prt-tex Itet Mratap Snu mm to pram/teM a) (cwts) One Prod M17 Mar 90 M$2,095j($l,231) 0.9(-) tested Hassan M 13 May 90 M$30.105(M$15.338) 21 8(11 1) 5(4) Na*BM W 12 Mar 90 M$14.247(M$10.387) 6.5(4.6) 10(8) bata* M5 Mar 90 $32,090p($19.078) 48.5(39.1) 14(10) Mb We
      229 words
    • Article
      CORPORATE DEVELOPMENTS
      345 20 Jul 23 Oty Developments and the Shaw Organisation have set up Chinatown Point Theatres Pte Ltd to to into the entertainment business. M 20 Hotel Marco Peli's improved design on its proposed $600 m retail and office complex at Paterson Road has been accepted by the Urban Redevelopment
      345 words
    • Article
      DIVIDENDS ANNOUNCED
      537 20 Carta* Ex Mn Mi Utalfar Tataitar pi,mini Ma ctoaa paydli tfca year Myiar Nn Hdp 6% Aug 28 Sep 7 Sep 26 6% It Mf NYA km 20 Jul 5 Au| 15 NTA 1 29«n Mm 7.5%TE(I) Oct 12 Oct 25 Mw 15 73%TE 25%Tl Saataanm 35«<s) Jul
      537 words
    • Article
      INTERIM RESULTS
      159 20 tinrj Bate HaN-yMr Snap pre-tax hrtarta mm to prcflt/lM* (I) tMini cm) M Cement Jul 12 May 90 MJ29.627(M$14.717) 7.5TE(6TE) Ganda Hkfcs Jun 29 Mar 90 M*3.237L ($2.2361) Pacific Cm 29 Mar 90 J68L(-) -<-> Samaria HUp Jun 28 Mar 90 M$4.997($5,120) CASH Jun 26 Fib 90 MJ669L(|500t)
      159 words
    • Article
      RESULTS DUE
      711 20 Singapore Stacks LastFalYaar NM Ma Tar MR tai Mat «rw <M-I) (sCS lan Ml Mm Mar 30 Ok 89 5351(1.) BM Mm Apr 26 M 90 13(a) 13TE(a) 4,747 TM La* tan Final Jan 1 Dk 89 12.3 10 1206 FIM Mara* Jun 23 S«p 90 35 6
      711 words
    • Article
      APPROVED ISSUES
      243 20 a Cap One-tor three MSI 60 par stare. (*****m 1% Convertible Uwatered Lam Stock of ***** mute ntoe to be issued ontKbniol 1 CULS tar eiary e«ht dam Ml Ei-date Jun 6 Books doer Jw 20 Acnptm A pipMt AMI I Ktoto Uh (KX) Oftors tor all by
      243 words
    • Article
      BONDS, LOANS & WARRANTS
      619 20 BONDS, LOANS WARRANTS CM II Mot 26/4/33 1 wmmt 0n <108 a*. fi ii i| IB 2/10/89 to 20/10/94 1 wvrant pin $1 a* m 1 w«rant~pin >1 mmmt mmmt* ton ML Qimf+Mm 0— Hp it More* 87 to 31/12/91 L55 warranb pin <1.55 aok Qh H* MM 1/8/89 It
      619 words
    • Article
      PROPOSED ISSUES
      476 20 Company B|)Ki Isum Cmmny hi to riduct par nine of dons from 11.00 to $0 GO; K0ts bsm of 12 tOJO per stare Cm Om-tor<om MM 00 pvtoiEwy tow nghts Aires nM in sand wB> mm TSU BC Qaator-tao |1.75 wfti am warrant FAC8 Caprtai Itodachon Scheme to
      476 words
    • Article
      COMPANY MEETINGS
      271 20 UniphoM TdKonmuncattm Bhd: EGM at 10 Jaian Tandang, ***** Petab* Jaya, Seiangor Oarul Ehsan on Tuesday, Juty 24, at 12 noon. Mhmm of M Mai (M) Bhd: 29th AGM at the Petafeng Jaya Hfton Hotel, 1 iaian Barat, ***** Petafeng Jaya, Setangor Oarul Ehsan on Thursday, July 26,
      271 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      89 20 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS fell? Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Interest rate fears dampen market
      2266 21 Reuter TOKYO STOCKS closed broadly lower yesterday but off their lows, after an afternoon of volatile, thin trade. Concerns over higher domestic interest rates and a sharp drop in bond prices fuelled selling. Talk of a possible discount rate rise in the near future added
      Reuter  -  2,266 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Afternoon buying firms prices
      2453 21 Reuter HONGKONG stocks ended firmer yesterday, boosted by local and overseas buying in the afternoon session. The Hang Seng Index rose 19.46 points to 3,559.89 after drifting lower on light profit-tak-ing in the morning to a day's low of 3,528. "Fund managers stayed out in the
      Reuter  -  2,453 words
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  • REGIONAL STOCK MARKETS
    • Taipei market sinks below 5,000 points
      • Article
        AUSTRALIA
        1144 22 THE Australian share market finished slightly weaker yesterday after veiy quiet trade, showing remarkable resilience in the face of the fall in Wall Street's Dow Jones Index on Friday and a 526.73-point drop in Tokyo's Nikkei Index yesterday. The All Ordinaries Index ended 3.4 lower at 1599.3. One broker
        1,144 words
      • Article
        TAIPEI
        360 22 TAIWAN'S stock index fell through the 5,000-point barrier in the last minutes of trade yesterday as short-term investors rushed to take profits after gains last week and earlier in the day, dealers said. The Weighted Index dropped 308.14 points, or 5.8 per cent, to close at 4,991.42 compared with
        360 words
      • Article
        BANGKOK
        713 22 THAI stocks closed mixed yesterday on heavy profit-taking focused on banks after prices soared during the first half hour of trading, brokers said. The Composite SET Index rose 2.10 points to 1133.54 in heavy trade after having risen 23 points in the first 36 minutes as many banks hit
        713 words
      • Article
        SEOUL
        799 22 SEOUL stocks fell in extremely weak trading yesterday as investors worried about political instability after the South Korean opposition resigned en masse from parliament, brokers said. The Composite Index closed at 681.38, down 5.31 points from the previous session. Turnover was 49.6 billion won against 34.7 billion on Saturday's
        799 words
      • Article
        MANILA
        490 22 PHILIPPINE shares closed slightly lower yesterday on speculation President Corazon Aquino might announce some bad news for the economy in her state-of-the-nation speech at Congress in the afternoon, brokers said. "People anticipate that the president would say how much was the damage of the earthquake and how much the
        490 words
      • Article
        NEW ZEALAND
        305 22 UNCERTAINTY ahead of Finance Minister David CaygUTs budget saw the New Zealand share market ease in light trading yesterday and brokers expect little direction before the budget However, dealers said the market held up well to Friday's fall on Wall Street and providing the budget produces no unwelcome
        305 words
      • Article
        BOMBAY
        104 22 THE Bombay Stock Exchange was closed for trading yesterday to enable brokers to complete business done in the two weeks ended Friday. Brokers said trading was unlikely to resume today as their staff were protesting about an increased workload over the last two weeks. On Friday, prices ended mixed
        104 words
      • Article
        Untitled
        872 22 Chat Pnito July 23 SYDNEY AH Ordinaries Index 1,599.3 1,6017 -3.4 All Industrials Index 2,485.8 2491.5 -S.7 All Resources Index 922.1 923.8 >1.7 Turnover (million) 61.34 84.59 -23.23 BANGKOK SET Index 1,133.54 1,131.40 +2.10' Turnover (nearest *000) NA NA JAKARTA Composite Index Closed 630.09 Turnover (neatest "000) Closed 2,010 MANILA
        872 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Market still figuring out Fed moves
      560 23 Reuter A FEDERAL Reserve credit easing, a lot of testimony-giv-ing by chairman Greenspan and loads of new economic data during the last 10 days have left the US Treasury market confused over its prospects. To start with, the data particularly inflation data do not
      Reuter  -  560 words
    • Article
      Lock icon Bank of Japan expects no big change in prices
      145 23 Reuter THE basic underlying trend of stable consumer prices is not expected to change substantially in the immediate future, the Bank of Japan (BOJ) said in its quarterly economic outlook. However, future price trends warrant watching, the central bank said. Upward
      Reuter  -  145 words
    • Article
      FINANCIAL FUTURES
      1539 23 SIMEX QMOmM Open High Low Sett Est Vol Op/Int Voi Sep 90 91.98 91.98 91.96 91.96 2W9 ***** 1484 Dec 90 91.98 91.99 91.96 91% 3063 ***** 2808 Mar 91 91.97 91.98 91.% 91.% 1130 3558 650 Jun 91 91.81 91.81 91.77 91.78 323 736 27 Sep 91
      1,539 words
    • Article
      US$ still trading in narrow range
      619 23 FOREX MARKET REPORTS THE US dollar yesterday moved above its earlier lows in quiet European morning trade but was still stuck in its recent range in the absence of fresh factors. The US currency had earlier come under some downward pressure in the Far
      619 words
    • Article
      INTERBANK FOREX RATES
      391 23 Cross rates USt SS MS Dm Yen SFr AS NZS USS 1.8150 2.7050 1.6335 148.15 0.5485 1.3945 1.2723 1.6779 SS 0.5510 1.4904 0.9000 0.8163 0.3022 0.7683 0.7010 0.9244 MS 0.3697 67.10 0.6039 0.5477 0.2028 0.5155 0.4703 0.6203 Dm 0.6122 1.1111 1.6560 90.69 0.3358 0.8537 0.7789 1.0272 Yen
      391 words
    • Article
      MONEY MARKET
      547 23 Interbank rates USt Bid Offer 7 days 8 8 1/8 I mth 8 8 1/8 3 mth 8 8 1/8 6 mth 8 1/16 8 3/16 12 mth 8 3/16 8 5/16 i Bid Offer 7 days 14 7/8 IS 1 mth 14 7/8 15 3 mth 14
      547 words
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  • COMMODITIES
    • Article
      Lock icon M'sia poised to gain much from Asia-Pac surge
      377 24 MBT MALAYSIA stands to benefit greatly from the rapid economic expansion in the Asia-Pacific region in the 1990s a decade which will see a scramble for imports of energy supply, particularly liquefied natural gas (LNG). A net exporter of crude oil and
      MBT  -  377 words
    • Article
      Lock icon North Sea oil output fell to 3.5m barrels a day in June
      341 24 Reuter NORTH Sea oil and natural gas liquids production fell to 3.521 million barrels per day (bpd) in June, from 3.753 million bpd in May, figures by stockbrokers James Capel show. However, this was well up on the
      Reuter  -  341 words
    • Article
      Gold closes firmer in HK
      253 24 REPORTS HONGKONG: Gold closed firmer on early speculative buying and short-covering but dealers said the market lacked fresh news. Bullion ended at U*****.50/U*****.00 an ounce against New York's U*****.75/U*****.25 close. Local gold ended HK$l up at HK53.349 a tael. Coins were unchanged to HK$2 higher.
      253 words
    • Article
      Lock icon KLCE studying proposal to start palm kernel futures
      366 24 Bernama THE palm oil committee of the Kuala Lumpur Commodity Exchange (KLCE) is looking at various aspects of a proposal to introduce crude palm kernel oil futures on the exchange, including the issue of potential players in the market, KLCE chief executive
      Bernama  -  366 words
    • Article
      Lock icon China hopes Opec will remain united
      192 24 Reuter CHINA supports Opec's oil price and production policy but opposes a rapid increase in prices, its Chinese Energy Minister Huang Yicheng was quoted as saying. "We do not want prices to increase rapidly or drop rapidly as this will hurt the world economy,"
      Reuter  -  192 words
  • Article
    PRICES
    1310 24 Rubber July 23 Wtt(l*liWM) S ccnti/kg Noon Ckwe Int I RSSPrompt I54.00/155.00N I54.2V155.25N Int I RSS Aug 90 155.00/155.50 I55.2V155.75N Int I RSS Sep 155.50/156.00 I55.7VI56.25N Int 2 RSS OP I53.0Q/I55.00N *****/IS5.00N Int 3 RSS OP 148.5Q/I50.50N 148.S<VIS0.50N Int 4 RSS OP 144.5<y 146 SON I44.50/I46.50N Int 5 RSS
    1,310 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      818 24 NOTICES IN TWE MATTER OP TEE COMPANIES ACT, CHAPTER M AND IN TEE MATTER OP YUE GENERAL SUPPLY PIE LTD (IN VOLUNTARY LIQUIDATION) MEMBBS* VOLUNTARY WINDING-UP An an Extra-ordinary General Meeting of the Members of the abovenamed Company, duly convened and held at 333 North Bridge Road, #07-01, Choon Bee
      818 words
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      Page 24 Advertisements Column 2
      839 24 IN THE MATTES OP THE COMPANIES ACT, CHAPTER M AND IN THE MATTES OP TOW HUP INTERNATIONAL PTE LTD (IN VOLUNTABY LIQUIDATION) MEMBERS' VOLUNTABY WINDING-UP At an Extra-ordinary General Meeting of the Members of the abovenamed Company, duly convened and held at 333 North Bridge Road #07-01, Choon Bee Building,
      839 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1038 25 aty nm< eta fm* no Ma OMH GA893 1045 GA892 0010 GA886 0010 GA974 2359 hMatt* SQ226 2035 Qf82 2200 AawtartfMi GA893 1045 SQ24 2200 SQ23 1810 GA974 2359 QF6 1830 MM Qf 16 1830 SQ24 2200 0A471 2205 kmcUwai TE25 1800 TE26 1920 SQ388 2000
    1,038 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Movie captures city's ruined grandeur
      727 25  -  LETTER FROM VIENNA By Michael Balter VIENNA the Baroque house at Schreyvogelgasse 8, just off the Ringstrasse, is in much better repair than it was 40 years ago. A new door has been fitted into the entry, and the building's once peeling facade is now
      727 words
    • Article
      MONEY CHANGER RATES
      153 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4140 1.4340 Canadian dollar 1.5350 1.5750 NZ dollar 1.0650 1.0950 Sterling pound 3.2850 3.3750 US dollar 1.8090 1.8190 Local dollars to 100 aaits at foreign i latency Austrian schilling 15.50
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      81 25 Duration Title Venue Organner Tel Duration Tale Venue Oqpnner Td July 30 Property Financing Jakarta AIC *****98 Aag 1-2 New Treadi la The Hiioa Hold AIC UK13B* 31 Hilton Conference Ho«d A Resort Jakarta Conference Industry July 24 How To Profit From Hyatt AIC 03-*****43 2 -3
      81 words
  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      242 25 7 Direction to workers in the 8 The doctor takes tea and 10 View of biscuits crisp and 11 Vegetable to stick in the jHP iH iH )H 12 Heavyweight advised to go mickey out of an informer Instruments of power jHT~~Hi iHHt Hi the armed services (7) JHft—— 17
      242 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      209 25 Singapore Outlook: Showers over several areas la the morning Resort: Max temp. 31.4* C Assoc humidity 62% Min temp. 24.9"C Assoc humidity 94% Hrs of sunshine. 8.90 Rainfall in mm Trace Rainfall this mth 100.8 Rainy days this mth 8 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/10 Showen Bangkok 32/25
      209 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      28 25 f temgjviftg* m-ntrf o 1 v nT -p T u€*e Hooß.Tv«vxiH7i\ V J oppos iTe. io H« or* nuarr "rue. I V° pp^p>SOJS s LTD, IW im I
      28 words
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  • Article
    Style may change, but reality remains: PM
    440 26  -  By Martin Soong THE STYLE and pace of government may change with First Deputy Prime Minister Goh Chok Tong as premier, but Singapore's major policy decisions will continue to be driven by the reality of its strategic location in the region, Prime Minister
    440 words
  • Article, Illustration
    Lock icon Move to reaffirm support for CGDK
    408 26  -  Asean Ministerial Meeting From Yong Pow Ang in JAKARTA TO REASSERT Asean's role in the peace process in Cambodia, Asean foreign ministers have decided to issue a joint statement reaffirming their support for the Coalition Government of Democratic Kampuchea (CGDK). The reaffirmation follows the
    picture by H L Chan  -  408 words
  • Article
    Position on foreign press consistent: Goh
    253 26 THE SINGAPORE government is consistent and has not shifted its position on foreign publications, First Deputy Prime Minister Goh Chok Tong said yesterday. In a July 23 letter to Dow Jones international vice-pres-ident Ms Karen Elliot House, Mr Goh said Singapore's position and foreign
    253 words
  • Article
    Lock icon Instability ahead for Taiwan: report
    200 26 AFP WEAK GOVERNMENT leadership, social disorder and a downturn of key economic indicators are expected to dominate Taiwan in the second half of the year. 'Taiwan is entering a period of prolonged political instability and economic difficulty," Hongkong-based Political and Economic Risk Consultancy Ltd said
    AFP  -  200 words
  • Article, Illustration
    Trading in traders: irony in the making?
    742 26  -  The Bottom Line AMY BALAN AMY BALAN The writer is a senior correspondent with BT IF WE BELIEVE that the stock market is the best guide to a company's worth, then broking firms must rank among Singapore's most valued companies. Take Kim Eng
    742 words
  • Article
    Lock icon Foreign investment in China falls sharply
    260 26 AFP, Reuter FOREIGN INVESTMENT in China slid sharply in the first half of this year but an easing of Western sanctions, imposed after last year's crackdown on dissent, should mean stronger growth in the coming months, says a Chinese official. Liu Xiangdong, spokesman for
    AFP,; Reuter  -  260 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      110 26 Pi^geT JOAILUER EN HORLOGERIEVEPUISIB74 genUx'e Ming hospitality. It stays with your clients. fW fß&atL f Am llllH Some memorable things have a way of staying with your clients like the impeccable services we provide at our Executive Suite and rooms on theTaipan floor to the cool dip in our rooftop
      110 words
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      Page 26 Advertisements Column 2
      51 26 DO YOU HAVE AN EYE I FOR A GOOD BUSINESS OPPORTUNITY? if so, and you are looking for office space (with business support facilities) we nave various sizes for vou to choose Our prices for a week is equivalent to a night s stav in an Orchard Road Hotel Phone:
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      Page 26 Advertisements Column 3
      504 26 PiageT 1 JtIAILUER EN HORIDGERIE DEWISIS74 iGENtiVE OMore reports, SINGAPORE INSTITUTE OF MANAGEMENT ■MMHHHHHMI (1) Time Management I August 27,1990 I Fee: SS3IS SIM members/***** non-members Objectives: This seminar is designed for those who want to be in more control of their working and I personal lives It offers at
      504 words
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  • Shipping Times
    • Article, Illustration
      MSE alcohol plant deal takes a doubtful turn
      379 27  -  By K Vara DOUBT clouds state-owned Malaysia Shipyard and Engineering (MSE)'s success in securing the US$5O million fatty alcohol plant project in Kuantan, Pahiang. MSE, together with the US-based Pitchard Corporation of Kansas (TPC), had been awarded the turnkey project by FPG
      379 words
    • Article
      China upgrades New Mongolia railway
      173 27 CHINA, which opened an electrifieid section of existing track in the southwest, has begun construction of a new route in New Mongolia and developed a 10-year plan for its coastline ports. The 635-km electrified trunk line between Kunming and Guiyang became fully operational last week,
      173 words
    • Article
      Lock icon Mitsui bids for stake in Japanese coastal line
      261 27 Lloyd's List MAJOR Japanese shipping company Mitsui OSK Lines is negotiating to acquire a 12 per cent stake in Kansai Kisen Kaisha, an Osaka-based coastal shipping line and major ship operator in the Inland Sea of Japan. Mitsui plans to acquire the
      Lloyd's List  -  261 words
    • Article
      Manila bank to finance tanker purchases
      335 27  -  From Al O Labita in MANILA STATE-OWNED Development Bank of the Philippines (DBP) has agreed to include a tanker fleet in its US$25O million industrial investment credit project (IICP). But DBP officials said the bank will also start disbursing the money to finance the
      335 words
    • Article
      Lock icon NKK builds its first VLCC in 14 years
      150 27 AFP NKK CORP yesterday laid the keel of the first giant oil tanker to be built at its Tsu shipyard for 14 years as worldwide demand for very large crude carriers (VLCCs) grows again, company officials said. The 258,000-deadweight tonne VLCC, ordered
      AFP  -  150 words
    • Article
      N Korea launches cargo ship
      71 27 A 14,000-TON cargo ship was launched at the Hambuk shipbuilding complex last week, the Korean Central News Agency reported. The new ship is equipped with more modern loading and discharging facilities than existing freighters, said last week's report. Newly-developed pumps, hydraulic pressure instruments, automatic devices
      71 words
    • Article
      Indian line stops service to Australia
      341 27  -  From Shirish Nadkarni in BOMBAY THE SHIPPING Corporation of India (SCI) has finally ceased operating its liner service from the west coast of India to Australia, after months of consideration. The service had been making huge losses, and several attempts to improve its profitability
      341 words
    • Article
      Two win Thai telecom project
      304 27 A THAI government committee has chosen two consortia led by the country's Charoen Pokphand Group and Japan's Toyo Menka to handle its massive 150 billion baht telecommunications project the country's single largest investment in this field. According to the Thai daily, The Nation, the Charoen
      304 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        IHI wins four-ship order from P&O UK unit
        86 28 ISHIKAWAJIMA-Harima Heavy Industries Co Ltd (IHI) said it won a 43-billion-yen order to build four container ships from P&O Container Lines Ltd of London, a unit of Britain's Peninsular and Oriental Steam Navigation Co. IHI will build ships capable of carrying 3,800
        86 words
      • Article
        UASC turns in US$59m profits
        63 28 THE Arab world's second largest shipping company, United Arab Shipping (UASC) has announced profits of US$59 million for 1989. It was the second successive year that the Kuwait-based organisation has realised such high returns after operating in the red for several years. UASC has 43
        63 words
      • Article
        US to tighten up shipping law
        133 28 THE United States Congress is expected to tighten up one of the loopholes in the 1984 Shipping Act which, said the Federal Maritime Commission (FMC), has allowed foreignbased non-vessel operating common carriers (NVOCQ to escape tariff-filing requirements when trading with the country. A Bill,
        133 words
      • Article
        Shell close to US$130m deal
        107 28 SHELL OIL of Houston is reportedly close to securing a US$l3O million deal to charter out the world's two largest tankers still in lay-up. The oil major is said to be negotiating to fix to Coastal Corporation, also of Houston, the 398,143dwt Atlantic and Pacific
        107 words
      • Article
        Belgium to privatise ferry firm
        85 28 BELGIUM plans to partly privatise a state sea transport company Regie Maritime de Transport, the Belgian news agency Belga said. The company operates cross-Channel ferries and the high-speed jetfoil between Ostend and Dover, the UK. Belga, quoting communications ministry sources, said the government believed an
        85 words
      • Article
        EgyptAir to buy 14 planes
        48 28 PRESIDENT Hosni Mubarak said national carrier Egypt Air will buy 14 new planes for a total of U551,635 billion, and urged his countrymen to take more pride in using their airline. He did not give details of the planes that will be bought.
        48 words
    • Article, Illustration
      On an even keel
      1363 28 A mood of cautious optimism prevails among the booming shipbuilding Japanese and Korean yards, where memories of a devastating recession still cling on. Far Eastern Economic Review reports A BOOM in demand for new ships has filled order books at shipyards in Japan and South Korea
      1,363 words
    • Article
      TRANSPORT DIARY
      1004 28 July 10-Aug 14: Forltlift Electrical System course organised by Singapore Port Institute (SPI). Details and applications form, please contact SPI at tel: *****25/*****26/*****30. Jaly 17-Oct 30: International Freight Forwarding IL, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, Tel
      1,004 words
    • Article
      THE SHIPPING GUIDE
      12140 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
      12,140 words
    • Article
      SHIPPING AGENTS
      3370 41 .A.BC Containerline NV: Belsin Shpg Agencies Pte Ud (SyManne Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg A Trdg Pte Ud (S) Ahrenkiel Uner Service: Kim Shpg
      3,370 words
    • Article
      COURIER SERVICES
      217 41 Abacus C ouriers Tel: 545-8011,448-6415. Ak Express Service Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. City-Link International Tel: 344-3377. Fax: *****50. Cluster Unk Supplies A Services Tel: 296-5720. DHL lateraatiooal Tel: 344-8911.Fax: *****61. DPE Coarier Tel: 284-6611 (7 lines). Fax: *****88 Emery Worldwide
      217 words
    • Article
      AIR FORWARDERS
      1477 41 Abex Express Freight Tel: 542-7171. Fax: *****84. Actiaic Forwarder Tel: 225-1833. Fax: *****42. Acthrair Singapore Tel: 542-7822. Fax: *****20. Aeroliak KG Freight International Tel: 545-5992. Td:"542-59l I. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express lateraatioaal Td: 542-7666. Fax: *****74, *****50. Air Market Express
      1,477 words
    • Article
      PORT CONDITIONS
      2319 42 ARGENTINA San Lorenzo: Port busy; 6 vessels loading pelletized meal; 5 vessels in roads of which 3 to load pelletized meal, 2 vegetable oil. Rosario: Three vessels operating of which I loading grain, I vegetable oil, 1 pelletized meal; grain stocks adequate. Villa Constitucion: Port quiet; I vessel
      2,319 words
    • Article
      SHIP SALES & TANKER RATES
      580 42 SHIP SALES TANKER RATES DELORIS, of 42,562 dwt and built 1978, and Helen of 42,366 dwt and built 1978, are up for sale, seeking around USS 11 million each. The tanker 138,949 dwt Vasilikos, which was built in 1976, is for sale at around US$23 million, while owners of the
      580 words
    • Article
      AIR FREIGHT SCHEDULE
      522 42 ARRIVALS DEPARTURES Op Flight Typt ETA Frow Op Flight Type ETD T« TODAY TODAY KAL KE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL617 B747F 0345 TYO ORD/LCK/ CLX CV7972 B747F 2115 LUX/DXB/KUL BOS SIA SQ802 B747F 0230 SYD/AKL
      522 words
    • Article
      CRUISE & FERRY SCHEDULES
      361 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait IV p Naae of Veaael ETA ETD Port ApH Pom of Calls AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-Fremantle-Jakarta-Kobe 28 29 Andaman Princess 0800 1700 Andaman Cruise Cruise to nowhere 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to
      361 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        505 43 In* »rt AhM Had »i>> *n*al npul Wkarvts fcenan Exp 02A09 P4A 24.07/1700 25.07/1800 Afostm Neto 14 90E C09 ato<*side 23.07/1700 Iran Ekram 791 P4A 23.07/2330 24 07/1600 8arbarossa D K29 atongs.de 23.07/2100 Inmawa 10/90 PIA 23.07/2330 24.07/2300 KobBim E«9 K31 alongside 24.07/0600 Jenhol 10/90E P4A 23.07/2330
        505 words
      • Article
        CONTAINER SCHEDULE
        1182 43 HECCBHHC Of EXPOW FCt CONTAINERS MID La CARGO 1 J n I ll Li jUJinrj Itii i Ktcora DOOKSH/tMunce ksrs 9# Voy No Mod From To From P of OkcBd Spoco Aa Jade 5A 2 23/1700 24/0659 24/0900 3 24/0700 24/1159 24/1400 4 24/1200 24/1459 24/1700 An Own
        1,182 words
      • Article
        IN MALAYSIAN PORTS
        290 43 PrtlO-i South Port on My 21: Pacific Ocean berth 3; Petro Niaga berth Jetty SM. KCT: Candu berth 8; Acx Daisy berth 10; Bunga Kemuning berth 10. North Port: Yi Yang berth 11; Bangkunprom berth 12; Hai Feng berth 16; Cottbus berth 17; kan Seiar berth 20;
        290 words
    • Article
      DAILY FREIGHTS
      994 43 THE FREIGHT market ended the week with firmer grain fixings from the US Gulf to the Continent and Japan prompting sharp rises on Biffex, broken said. The spot BR leapt 34 points to 1,129. Grain to from the Gulf to Japan was secured at US$l9 while grain from
      994 words
    • Article
      Japan in need of foreign crew
      530 44 JAPAN is in desperate need of foreign labour to run its merchant ships, but it is finding Japanese vessels are among the last places experienced foreign seamen want to work, Japanese shipping industry officials say. "In the past, Japanese firms have treated Filipinos and
      530 words
    • Article
      Lock icon W German bank to help Baltic port
      163 44 Reuter WEST GERMANY'S Deutsche Bank Ag is prepared to help transform the Soviet Union's Baltic Sea port of Kaliningrad into a model European city and trading hub, the Soviet news agency Tass said. Wilhelm Kristians, chairman of Deutsche Bank's observation council, was quoted
      Reuter  -  163 words
    • Article
      Lock icon QE2's fastest Atlantic crossing
      137 44 AP THE liner Queen Elizabeth 2 recorded its best time for an Atlantic crossing on Sunday when it docked at Southampton four days, six hours and 57 minutes after leaving New York, said Capt Robert Woodall. He said the liner's previ- ous best time was 99
      AP  -  137 words
    • Article
      Lock icon Chung Wah shares still suspended
      95 44 Reuter TRADING in shares of Chung Wah Shipbuilding and Engineering (Holdings) Co Ltd will continue to be suspended while the company considers business proposals, a Hongkong stock exchange statement said. The statement said the shipbuilder is in the final stages of assessing certain proposals and
      Reuter  -  95 words
    • Article, Illustration
      APPOINTMENTS APPOINTMENTS APPOINTMENTS APPOINTMENTS
      280 44 PARA Krishnan has joined Tiphook Tank Rental (TTR), the newly-formed division of Tiphook Special Equipment Rental, based in the TTR office in Singapore and responsible for the leasing of tank container equipment throughout the Far East. Mr Krishnan was formerly a director of Seacold Technologies (Singapore
      280 words
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      Page 27 Advertisements Column 1
      5 27 On an even keel, Pg2
      5 words
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      Page 27 Advertisements Column 2
      237 27 rs SWEE HBUG METAL CO Pit LTD HTUASAVfW SMGAPOnCHU TEULX «B 20«7« SHMCPV TEL: M 1 SMS |Skwt TK.IPAX:MI 2M4 m* rI WarahoUM TruA* w^pe»iow»««ov»Tiow>og^ou*^g wo<wgCT wo SEND A CODNIRY REPORT n ow and then, you send performTh Strfti lime MMT an ce re P orts to your head office
      237 words
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      Page 27 Advertisements Column 3
      50 27 Mr Forwirders 15 to Fra*t Schedule 16 Contarar Sfhwhrtt 17 Couner Sconces 15 Crust Ferry schedules 16 (My Fie** 17 lada to Advertisers 3 Port Condtons 16 Shppait Agents 15 Sh** bade 10.11 Smates/Tenker Rates 16 Shjis Port 1' Support Tries 17 Transport Dory 2 Weather md Sea Condfcom 17
      50 words
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      83 28 It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business Times,
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      2149 29 %lllf# 200 Cantonment Road #12 OS Southportt. Support 0201 All IF# *****11 TELEX NO RS ***** Wtlllf TERMINAL/CFS TM *****18 220 I* bookings Tei *****34 23s L. WW J PCSAKA JARDINE SHIPPING AGENCIES SON BMO. PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL
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      Page 29 Advertisements Column 2
      1038 29 INDEXI T^gTOERS Page Col Paie Col I Jl MaenkLine 3 4/5 I eMISC 14 1-3 ABC Conuinerline 13 5 M'sia Shpg Corp 9 1/2 Accord Shpg 8 1-3 Mendelssohn 5 1/2 Albatroa Sea-Air 14 5 MOL 18 4/5 APC Line 14 4 MOSK (Forest) 5 5 APL 5 5 Mutiara
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      Page 29 Advertisements Column 3
      2203 29 p——^—————— Vmml Voy ETA I ETO "Port 'Peneng DESTINATIONS TMa MM Lara M KM Clo«ing Time Feeder by cy si/7 oaoo hrs m Fans a i CTB -W7 ZMe MRS M Tauro OAK LQfi HOU MEM ATI. MIA CHS BAL PHL NYC MON TOR CARS M 9008 31/7 1/8 26/7
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      1067 30 ROTTERDAM/ VOY NO 3'PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CITY OF EDINBURGH 90/587 28/7 12/8 14/8 17/8 KURAMA 08/586 28/7 20/8 15/8 17/8 13/8 19/8 TOKtO EXPRESS 94/589 31/7 17/8 19/8 22/8 KATSURAGI 01/580 2/8 27/8 21/8 23/8 20/8 28/8 BENAVON 95/583 V 8 22/8 28/8 27/8
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      Page 30 Advertisements Column 2
      473 30 11 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IRINI 28/7 12/8 19/8 23/8 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 28/7 4/9 6/9 8/9 AI«o accepting Cargo to Callao (Paru) via Valpa Agents: SINGAPORE: *****36 VS.
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      Page 30 Advertisements Column 3
      1199 30 Rl jrMUMMA Miw REGULAR INOEPENOENT FULL CONTAMER SERVICE WjOTMUNB Mr fyftMj ni >HT ham mi lh* NOR ASIA SHARJAH 9021-3 27/07 17/08 19 08 22/88 24/08 27K* 26/08 28£ 29/08 NOR ASIA MUBARAK 9022-3 03/08 24/08 26/08 29*08 31« 0309 0209 04£ o*o9 N-AL MANSOORAH 9023 3 10/08 3108 02
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      1694 31 BjgSteamers Maritime Holdings Ltd P&O PHf Containers mjbt Voy No Klinj S port S ton H'burf B luvtn S inn Lth an Of EWNBURG »547 »CJWI-2*7 2W 1Z« IM» IVM CA GO KURANA 06/SB6 ALA-22/7 WO? 20W6 1408 1606 1306 IMS MERCURY PEABL VO7E KucJv Bint. Miri Daily In Pt
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      Page 31 Advertisements Column 2
      1648 31 TO: EUROPE TQ: FAR EAST SP LH RDM HAM BHVN FLX SPORE HK KAO KOB BU CHOYANG PARK 009* 21/7 15/1 1M 17/« 19/1 20/1 CHOYANG SUCCESS OOK 3*7 2/1 3/1 i/l W HANJIN OAKLAND 009W 4/1 22/1 23/1 24/1 2W 27/1 HANJIN HAMBURG OWE M MM UJ 555 CHOYANG
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      Page 31 Advertisements Column 3
      21 31 S PORE LOAMNO FOR MORA 30/7/80 PHNOMPENH/KOMPONGSOM NINA 31/7/80 HOCHIMMH/VUNGTAU SELM SHIPPING TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: 224M46
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      Page 31 Advertisements Column 4
      373 31 STRAITS/ JAPAN/ STRAITS SERVICI SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN ASIAN AMBALIKA COSMIC TRADER CLIPPER PIONEER VOY. NO 3 125 57 7 Spore Sid 21/7 21/7 10/8 P. Kelang In Pt 29/7 31/7 12/1 Petting 38/7 Hong Kong Yokohama 20/8 31/8 Nagoya 17/8 18/8 29/8 Osaka 17/1 Senboku 15/8
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      590 32 I A Joint Europe S«rvlce Of: r.T. UMMTA Uffl r.T. nan lltVI r.T. SMNKM MONISM PT. TMKMA UOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSIJVOY S PORE R OAM/ H BURG BREMEN ANTWERP AOAM S. PANJANG/KWB 2*7-1/1 27/1 31/* 4/9 7/9 KUTAI/2SW6 11-22/1 23/9 29/9 21/9 5/10 MATARAM/27W8 22 2t/9
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      Page 32 Advertisements Column 2
      891 32 16ft HANJIN SHIPPING ||< Vy full CONTAINER SERVICE I S'por, I LeHavr* R'dam H'buri B'havm Fitow* FEEDER VSL SIN LINE HAUL LAX OAK CHOYANG PARK DON Sfl Ul IM u* I*l m CWYANC SUCCESS M»E 3*7 H POHANCIOIE W2M HANJIN OAKLAND 00IW «/S 22/1 23/1 24/8 2W 27/8 "**> "JS"g'
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      Page 32 Advertisements Column 3
      1579 32 fi —I .T-J -1 -JCTTI^ HMTh■* i J i i k B M j PKL SGP HKC KSG KLG PUS HKT OSK SM2 TYO LAX BAL NYC LHV ANW ROM FLX NBG KP I I GOING Re 036 24/7 tifl 1/1 3»7 3/1 7/0 9/t 11/» 13/0 14/S 24/1 7/9
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      Page 33 Advertisements Column 1
      1844 33 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 gm AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 WJP-W. TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.Ketang-(03) *****87,
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      Page 33 Advertisements Column 2
      1116 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND wssas wim Iswb immiA Huowt wtag sron num hburo rw»a trjurt rott mow" t. maty hb» am wg v
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      Page 34 Advertisements Column 1
      1448 34 i v—v" -w ~i V\ 4\V W m Y W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 1244C*****0M) \>\ #n Li TEL *****77 TELEX: KAWAKIRS23I6S FAX *****79 \M M W_\J MALAYSIA: HARPER WIRA SON BHD TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. ,MOON£SIA
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      Page 34 Advertisements Column 2
      713 34 PHILI-ORIENT LINES PTE LTD %A (The Complete NVOCC Package) y member of SrrA 24 JULY MONTREAL OTTAWA, TORONTO, VANCOUVER, S-WESTIRN ONTARIO. 27 a JULY K"™N C dermy.WINHIPE6, Alio SKSfih BAHRAIN ABU OHABI RE6INA, SASKATOON, 9 AUG SHARJAH CALGARY. EDMONTON, KELOWNA, tlliw KAMLOOPS, VERNON, PENTICTON 27 JULY COLOMBO, KARACHI, BOMBAY, AND
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      Page 34 Advertisements Column 3
      377 34 GOLDEN UNE V/>*i GUAN GUAN SHIPPING \(§£<V (PTE) LTD 1 a TaNAAvar SUM SWfiMOif MM r WL ÜBUIFg. BOW (CI IM. IBIZM^M} wmrmn- Ml S*por» P. KOan| PcnMf GOLDEN WONOCR Cotomlxy tarxMfcba 2S/Z7 My GOLDEN HAVEN Cotanto/KMcta/W* M/MiMy cmpiaspgg OAI TUNSMAN XMn/rwHou Auf rUQINC Hunfpu/Skanfka h Nrt CHAHCtW Pw «pi
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      Page 35 Advertisements Column 1
      1589 35 PACIFIC INTERNATIONAL LINES (PTE) LTD SBBSBBBFio MMM PIL Budding. HO CaO Street »0300, Singapore 0108. VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN gowa nH nn nn hai hui 37n 2V7 nn i/s EOCN *033 28/7 31/7 M KOTA MAGA 13N 28/7 31/7 4/3 OELTA MM IMS 28/7
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      Page 35 Advertisements Column 2
      1179 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m JLm Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS ■■WHHHBi VESSEL |VOY SPORE PKLANG SHAMPTONI HAMBURG B'HAVEN R"OAM LHAVRE CKy of Edinburgh* 90/587 26/7 Vta Can 12/8 15/8 17/8 Kurvna* 06/586 25/7 20/8 14/8 16/8 13/8 19/8 Totto
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      Page 35 Advertisements Column 3
      232 35 MYANMA FIVE STAR UWE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.Kolang P #n MERGUI VIOOW M PT PAGAN VIS9W JOt NYOHAYVA VI2JW 2K 1 AUG THE BAHKUHE (A Mrvtc* ol Andrew W«ir Shipping) \ST SEMI-CONTAINER SERVICE HEAVY UFT CAPABILITY I I EXPRESS TO PAPUA NEW GUINEA 1 MORAYBANK
      232 words
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      745 38 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HOC RST PARIS SEN WFBZ6 2S/7 17/6 11/6 18/8 21/6 23/6 ULMICHT tt» 10 24/8 2*6 27/6 29/B PANAMA SEN WFTCI l/l 31/1 lfl 2/1 4/9 t/9 T. WE MM m
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      Page 38 Advertisements Column 2
      1176 38 CRYSTAL FREIGHT < CPS > SERVICES PTE LTD ■v tel ngggngg OH 60M0UMTM BIKE TOc FAR EAST HONG KONG 27/7 1/8 BUSAN 27/7 A 3/8 BANGLADESH CHITTAGONG 2/8 10/8 SRI LANKA COLOMBO 27/7 3/8 ACCEPTING CARGOES AT KEPPEL ft PPW P.KELANG: 03 734W3S BANGKOK: M KK PENANG: 04 3t2IM HONG
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      Page 38 Advertisements Column 3
      217 38 LOADING row LOAWNC FOR RUENOS AIRES «s*i [mm CM OM Ml*o rnrno mo mwt mom •ostwwi u* m m 19 an 4mSrana an ait t/t nit W»- C*SmCL 27 It IfHMfll— Z7f» WM 7/U VMM? DISCHARGING FM BRA2IL ONLY sroatlwi hk at rusan tor mo mm SABA MA UP 31/7
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      Page 38 Advertisements Column 4
      1203 38 r tea f IS CHINA OCEAN SHIPPING COMPANY 7 s l, MISTRI ROAD, HMC BUILDING Mlt TEL 225U00 #15-00, s<N<»APOWE 0207 FULL CONTAINER LINER SERVICE telex.ks aw coship CR NO: *****U0000M FAX: 2Xl*l mmmiab wmMfeMWIVfTn CABLE: COSTARLINC General Agents: GOBTAR SHIPPING PTE LTD j. qiu nvm am mm wm tm
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      564 39 CALCUTTA DIRECT SIN CAL SUSAK 99 CNB 28/7 4/8 TIGER CREEK 100 CNB 1/8 8/8 "A" VESSEL 101 CNB 10/8 17/8 TIGER CREEK 102 CNB 17/8 24/8 (Conventional Service) ETA S PORE LOADING FOR BANGLAR PROCOTI 27/7 S. KOREA. JAPAN FAR EAST/MEDITERRANEAN SERVICE ETA S PORE LOADING FOR N. V.
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      Page 39 Advertisements Column 2
      453 39 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) m FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Lines) pT\ ETHIOPIAN SHIPPING LINES r~ (National Lines of Ethiopia) J ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA ILOAONQ FOM SPOHE ABBAY WONZ 29H8 7VO* DARES&ALAAM MOMBASA. DJIBOUTI ASBAB. MASSAWA. HOOEPAH METSANET
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      Page 39 Advertisements Column 3
      689 39 tafeaaP T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTFORE. INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 WNMMM MOOMMA MRVKI VSL VOY SIN JKT PAJ SIN
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      Page 39 Advertisements Column 4
      658 39 <^2 BANGKOK MANILA/CEBU Ivota VOY WWQAWKt BAOBKOR IvpgL |vOY rfOK WB MMWA ■AHA BHUM# UN W«0 g/7 SM M/ 7 AKA BHUM 38S t»p 20 MEKHANIK KURAKO l« TIM y to y SO ORIENT JIR 30 *0 110 CHAIYA BRUM# B7N_ »M 20/7 Tm 31/7 MUH 32S M 0 U0
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      Page 39 Advertisements Column 5
      281 39 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: m.V."BRUSSEL" V2S2 ETA 28/7/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN |Vt< Hfi Fli |h— |AiK fi#r Ih fpara Bwissn 252 m n* m v* v v np C
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      1161 40 MAC-NELS SINGAPORE fwwT tb: mwa 1 I TIL PENANG TEL: (04) *****6 |KK TEL: (088) *****0 TAWAU TEL: (089} *****9' P KELANG TEL: (03) *****77 LuCHING 'TEL: (082) *****3 SKAN TEL: (089) *****2 I ~U BAHRU TEL: (07) *****2 fsißU TEL: (084) *****2 LABUAN TEL: (087) *****9j LJ \y JAKARTA
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      Page 40 Advertisements Column 2
      471 40 f|sfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING PCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AUCK LVT PREMIER «7S iS Jul J MAHSURI OS7I 10 Au|
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      Page 40 Advertisements Column 3
      1064 40 jm 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 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH ma lm lm [kit una wi ni bbt KIM SOON LI 30/90E 4
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      13 42 National Day Supplement Free with your copy of Business Times on Aug 8
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      Page 42 Advertisements Column 2
      93 42 REGULAR CONVENTIONAL SERVICE TO CHINA Vmml S pore P. Gudang P. KtUng Loading For DADE In Pt 2S/7 HUANGPU/XINGANG JIANCHANC lit Xlt HUANGPU USHUI 12/1 W HUANGPU/SHANGHAI GUANGSHUI m 12/S HUANGPU/XINGANG SCHINDON TRADE ft FREIGHT SERVICES 47 BEACH RO, #05-06 KHENQ CHHJ BUMS. TEL: *****74/*****03/*****17 FAX: *****0 TLX: R8 *****
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      422 43 TIDES AND WEATHER TOPAVS TIDES (height in metres) NOtt MM MM «3M 04M «M MM «7M MM MM 10M11M12M13M14M ISM MM 17H UM UH ail 21M 2M 23H 1 13 12 25 25 1.5 0.9 15 03 OJ 04 1.0 1.7 25 2.4 25 25 1J 11 OS 01 09
      422 words
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      429 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/7/90 INOONESIA MALAYSIA EAST ASIA SERVICE FOR HK VHU S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 29/7 INDONESIA COLOMBO
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      Page 44 Advertisements Column 2
      662 44 /HYUNDAI MERCHANT MARINE CO. LTD. I EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHT FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI INNOVATOR 34E 26/07 02AM 20/01 23/00 2606 25/06 HYUNDAI PIONEER 32W 16/06 2106 24£ 12/67 1*67 HYUNDAI EXPLORER 33E 04/06
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      Page 44 Advertisements Column 3
      554 44 ALL SET Maaiai LASHiHS CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 ItafcrfrMi I Vff |f*e|na |MI«rM |*f ISM lIAX |OAK IWW IML |OH/ |«M |MBI INTC I Mgyill COt wtA mawmiT To* W *UJ6»TWI HOW vjcm ~w ajTWajTairW W Hd~ W OUR USA WJW6A HBMIIt »H
      554 words