The Business Times, 30 July 1990

Microfilm: NL17037
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Monday July 30 1990 75*
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  • NEWS SUMMARY
    • Article
      Manila seeking quake relief aid from US and Japan
      67 1 PHILIPPINE President Corazon Aquino has dispatched top economic officials to Japan and the US to seek aid to finance reconstruction following this month's earthquake. She said yesterday that the government had sent Finance Secretary Jesus Estanislao and central bank governor Jose
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    • Article
      School expanding
      29 1 THE NANYANG Technological Institute's School of Accountancy and Business has launched an expansion programme which will more than double the number of staff and courses Page 2
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    • Article
      Environmental fears
      26 1 SOUTH-EAST ASIAN leaders say they are concerned over threats to the global environment, but cannot ignore the linkage between environment and development Page 7
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    • Article
      No ties with Hanoi yet
      45 1 US SECRETARY of State James Baker has ruled out the immediate re-establishment of diplomatic ties between the US and Vietnam, but urged Hanoi to respect human rights and to contribute to a peaceful settlement of the Cambodian conflict Page 8
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    • Article
      E Berlin taps market
      26 1 THE EAST GERMAN government, strapped for funds as it restructures its economy, has started to raise money on financial markets Page 10
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    • Article
      High tension
      29 1 KOH TSE YING in Houston braves a summer of sliced fingers, 'creative abuse' and difficult customers as she tackles the exacting task of string repair Page 19
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    • Article
      Idemitsu commitment
      35 1 IDEMITSU, one of Japan's largest shipowners, has given a firm commitment to Malaysian Shipyard and Engineering to repair its fleet at the latter's facilities in the next one year. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      CWT to seek listing
      25 1 CWT DISTRIBUTION, privately owned by five govern-ment-related firms, is planning to seek a listing on the local stock exchange Page 3
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    • Article
      Good results for yards
      41 1 BUOYANT international and domestic shipping conditions have enabled Keppel Philippines Shipyard Inc and its 46per cent associate, Cebu Shipyard and Engineering Works Inc, to turn in impressive results for the first half ended June 30 Page 3
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    • Article
      Li firms buy junk bonds
      31 1 THREE firms owned by Hongkong tycoon Li Ka-shing are spending US$l5O million to buy American junk bonds once owned by Columbia Savings and Loan Page 4
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    • Article
      Big Italian merger
      23 1 MONTEDISON is merging with Ferruzzi Agricola Finanziaria (FAF) to create one of the biggest industrial conglomerates in Italy Page 5
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    • Article
      UK banking slump
      29 1 THE UK domestic banking market is undergoing its most severe depression since 1982, says Lloyds, the smallest of the country's "Big Four" clearing banks Page 6
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    • Article
      Call to limit lending
      38 1 THE BANK of Thailand is asking banks to limit the growth in credit this year to 2S per cent in a fresh attempt to keep the inflation rate within 6.5 per cent Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 814.62 +0.69 Kuala Lumpur ....627.76 +0.75 Hongkong 3,485.80 +2.21 Tokyo ...........30,863.48 -506.27 Sydney 1,578.7 -11.5 New York 2,898.51 -22.28 London 2,330.1 -14.0
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SS1.8190 Yen SS 1.2074 MS SS0.6715 Money market rates Overnight I 1/2 1 3-month 7 1/16% unch
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    • Article
      COMMODITIES
      31 1 Rubber S'pore Aug... 155.50*/kg -0.75 M'sia Aug M233.50 '/kg +0.50 KL Tin Turnover 72 tonnes -5 Spot M$l6.02/kg +0.05 Crude palm oil Turnover 548 lots -53 Aug MS660 /tonne 3
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  • Article
    Keppel joins Indonesian group to build Bali hotel
    343 1  -  From Genevieve Cua in JAKARTA HOMEGROWN conglomerate Keppel Corporation is joining forces with an Indonesian corporate giant to build a US$2OO million resort hotel in Bali. Jakarta sources close to the project told BT that Keppel and the Wanandi group, a diversified
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  • Article
    S'pore group interested in Aussie hotel
    266 1  -  From Florence Chong in SYDNEY A SINGAPORE group has submitted an expression of interest to buy the Northbeach Parkroyal, in North Wollongong, about two hours' drive from Sydney, at an asking price of As6o million. The submission was among seven received by the receiver
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  • Article, Illustration
    PM: Apec has a role in trade and peace
    531 1  -  Warns against racially biased economic blocs By Kenneth James THE ASIA-Pacific Economic Cooperation (Apec) forum can contribute significantly to world economic growth by supporting free trade, and to world peace by preventing an international economic division along racial lines, Prime Minister
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  • Article
    Asean wants Apec to be successful
    168 1 ASEAN wants the Asia-Pacif-ic Economic Cooperation (Apec) forum to succeed, but Apec should also show that it is in Asean's interest for it to succeed, Minister for Foreign Affairs Wong Kan Seng said yesterday. Welcoming more than 400 foreign and economics ministers, delegates and
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  • Article, Illustration
    Lock icon Japan set for another year of steady growth
    511 1 Reuter JAPAN'S strong economy is set to grow steadily for at least another year and break its post-World War Two record for a continuous growth period, the head of the country's Economic Planning Agency said yesterday. "The current period of steady economic
    Reuter  -  511 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      Page 1 Advertisements Column 2
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Irish foreign minister visiting Singapore
        55 2 THE Foreign Minister of Ireland, Gerard Collins, will visit Singapore today at the invitation of Foreign Affairs Minister Wong Kan Seng. Mr Collins will be accompanied by officials from Ireland's Foreign Ministry. The programme for the four-day visit includes a meeting with Trade Development Board
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      • Article
        Committed to training
        85 2 ABOUT $20 million has been committed to the Cosec (Core Skills for Effectiveness and Change) training programme in terms of grants from the Skills Development Fund. Cosec was launched by the National Productivity Board in 1987. Since then, about more than 20 training organisations offer the Cosec
        85 words
      • Article
        Importance of volunteers
        64 2 THE real source of funds and efforts for the National Kidney Foundation lies in the volunteers, said Dr Tay Eng Soon. Speaking during a tea reception for NFK volunteers, the Senior Minister of State for Education said that about 6,500 people are involved each year directly or
        64 words
      • Article
        Cleaning the sea
        77 2 THE Minister for the Environment Dr Ahmad Mattar will view a joint oil spill combat exercise in the Straits of Malacca and Singapore today. Dr Mattar is viewing the exercise at the invitation of Datuk Amar Stephen Yong, the Malaysian Minister of Science, Technology and the Environment.
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      • Article
        Cultural exchange programme
        59 2 A DELEGATION of 20 students from the Shizuoka City of Japan will be in Singapore from today for a five-day international cultural exchange programme. This is the first time the students are being sent here under the programme. The team comprises 14-year-olds from junior high schools in
        59 words
      • Article
        More well-wishers
        59 2 THE Wishing Well will see visitors from the Rotary Club of Singapore and Singapore Shipbuilding and Engineering this week. SSE management and staff will drop 2,000 cards when they visit the well today. SSE's wish is that Singapore will continue to prosper. The group will be accompanied by
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      • Article
        Computer recovery seminar
        61 2 COMPUTER Engineering Systems is jointly launching a seminar on computer recovery with US-based COMDISCO Disaster Recovery Services, the largest operator of recovery centres in the world. Disaster recovery seeks to ensure that a company's essential data and software are protected should a disaster affect operations at its
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    • Article, Illustration
      NTI's business school expands
      394 2  -  By Genevieve Cua THE Nanyang Technological Institute's School of Accountancy and Business (SAB) has launched an expansion programme which will more than double the number of staff and courses. The bulk of the expansion will take place in the school's business faculty where courses are being
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    • Article
      Small companies in manufacturing sector contribute 1pc to output
      410 2 SMALL COMPANIES form a sizeable proportion of the total number of establishments in the manufacturing sector, but their contribution to the sector's output is only about one per cent. Aocording to the Economic Development Board's just published 1988 Census of Industrial
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    • Article
      Asian Wall Street Journal's editorial interferes in domestic politics, says govt
      420 2 THE government has said that a recent editorial of The Asian Wall Street Journal shows the newspaper's intent to interfere in Singapore's domestic politics and that the existing restrictions on the newspaper and its correspondents would continue. In a
      420 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
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    • Advertisement
      Page 2 Advertisements Column 2
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      CWT Distribution plans SES listing
      412 3  -  By Linda Chee CWT DISTRIBUTION, which is privately-owned by five government-related companies, is planning to seek a listing on the Singapore stock exchange. The company is said to have completed a study on the listing and is now seeking final approval from its shareholders before
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    • Article
      Keppel Corp's Manila-listed units post improved first-half results
      398 3  -  By William Chia BUOYANT international and domestic shipping conditions have enabled Keppel Philippines Shipyard Inc (KPSI) and its 46-per cent associate Cebu Shipyard and Engineering Works Inc (CSEW) to turn in impressive results for the first half ended June 30. Keppel Philippines
      398 words
    • Article, Illustration
      Lock icon Hong Leong Industries to seek listing for subsidiary on KL exchange
      349 3 MBT HONG LEONG Industries (HLI) has proposed obtaining a stock exchange listing for its subsidiary, Hong Leong Marketing, under which a trading group will be formed. A listing on the Kuala Lumpur Stock Exchange will be sought for the
      MBT  -  349 words
    • Article
      A touch of S'porean class in Taipei
      452 3  -  MARKET TALK From Catherine Ong GRAND HYATT Taipei, a US$2OO million five-star hotel in Taipei developed by the Singapore Hong Leong group, is fast becoming the in-place for affluent Taiwanese to see people and be seen. To be officially opened on Sep 21,
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    • Article
      Lock icon Return old share certs: Mega First
      258 3 Bernama MEGA First Corporation Bhd (MFCB) is concerned that a significant number of its shareholders have not responded to its share certificate replacement exercise. "Shareholders are strongly urged to send their old share certificates as soon as possible so that the company's reconstruction exercise
      Bernama  -  258 words
    • COMPANY BRIEFS
      • Article
        LTAT extends offer for Boustead shares
        177 3 LEMBAGA Tabung Angkatan Tentera (LTAT) has extended its takeover offer for Boustead Holdings Bhd's shares to Aug IS. Permata Merchant Bank Bhd said in a statement 0n... behalf of LTAT that the extension was made in view of the fact that the minimum level
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      • Article
        Kumpulan Emas' move
        108 3 KUMPULAN Emas Bhd has acquired the remaining equity in its formerly 51 per cent-owned information technology subsidiary, KE Systems Sdn Bhd. KE Systems is Malaysia's sole distributor for prime computers and assembler of niche personal computers. Among its clients are financial institu tions, securities firms, government departments
        108 words
      • Article
        Setron gets approval
        77 3 THE Foreign Investment Committee (FIQ has approved Setron (M) Bhd's proposed acquisition of an additional 16 per cent, comprising 3,200 ordinary shares at a price of MS 18.50 per share of the issued capital of Darulmas Manufacturing Services Sdn Bhd. With the acquisition, Setron said it will
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      • Article
        TDM appoints directors
        81 3 TDM BHD said it has appointed three new directors —-\l Datuk Ibak bin Abu Hussin, Mr Mohd Adib bin Awang Noh and Mr Hamidun Masuod with effect from July 21. It t. added that Mr Hassan Abas had resigned as chairman and director and Mr Tajudin Ramli
        81 words
      • Article
        KLI deeper in the red
        109 3 KUALA LUMPUR Industries Bhd (KLI) has reported a group operating loss of M 53.06 million on turnover of MS 15.79 million for the half-year ended April 30, 1990, compared with a loss of MS 1.52 million on turnover of M 522.52 million in the previous
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      138 3 BmOMwaßteWMoitvSMMMitt* When I won the Tchaikovsky competition, I was thrilled. Later came the Avery Fisher prize. I was overjoyed. Now I play a Stradivarius on the concert stages of the world. And I've reached the point of Delirium. CONCORD. THE gentry. SINCE 1908 nca>co»Kuin*i*a)u>wiMMiMi NEF 51-***** F495 3/12 OS AUTHORISED
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mitsubishi's Thai agent against lifting of ban
        68 4 MMC SITTIPOL Motor Co, the Thai distributor of Mitsubishi cars, has expressed opposition to the Industry Ministry's plan to lift an import ban on small cars as a means to lower car prices for consumer benefit. Takami Nurasawa, executive vice-president, said it would
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      • Article
        Training school for hotel staff
        71 4 THAILAND'S Dusit Thani Hotel group has signed a contract with the Education Ministry to launch officially a comprehensive training school for hotel staff which it had announced earlier this year. Designed to tackle the problem of critical staff shortage, which is exacerbated by the group's
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      • Article
        Privileges for steel venture
        68 4 A THAI-FRENCH joint venture has won Thai Board of Investment promotional privileges to invest over three billion baht to manufacture cold-rolled stainless steel in Chachoengsao. Prayuth Manakitsiri filed the application on behalf of the joint venture seeking promotional privileges to invest 3.16 billion baht to produce
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      • Article
        Promotional incentives
        63 4 A TAIWANESE investor, Li Chi Sien, representing a whol-ly-owned Taiwanese venture, has won promotional privileges to invest 36 million baht in the production of plastic equipment for export. The Suranasree Industrial Estate factory in Nakhon Ratchasima will run with a capacity of 160,000 kg a year, employ 140
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      • Article
        Novel's profits fall by 34pc
        95 4 NOVEL ENTERPRISES has suffered its worst year since its listing, with a 34 per cent drop in profits as a result of depressed market conditions and operational troubles in China. The textile and knitting producer posted a net profit of HK5112.36 million for the year
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      • Article
        Registration revoked
        125 4 HONGKONG'S Securities and Futures Commission has revoked the registration of an investment adviser for the first time since the publication of its new "fit and proper" criteria. The decision to revoke the registration of Paul Mantoura was announced last week. The reason given was that "he was guilty
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    • Article
      Lock icon Li Ka-shing to buy US$150m junk bonds
      482 4 AP THREE firms owned by Hongkong tycoon Li Kashing are spending US$l5O million to buy American junk bonds once owned by Columbia Savings and Loan. Cheung Kong Ltd and Hutchison Whampoa Ltd, two leading Hongkong companies controlled by Mr Li, along with a
      AP  -  482 words
    • Article
      French electronics giant to invest further 600m baht in Thai plant
      559 4 FRENCH electronics giant Thomson AS plans to invest an additional 600 million baht to boost its production of colour television sets and make Thailand one of its largest TV manufacturing bases in the world, The Bangkok Post reported. The
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    • Article
      Electricals and vehicle firms most profitable in Japan
      312 4 ELECTRICAL machinery manufacturers and carmakers dominated the top ranks of Japan's most profitable listed firms on a consolidated basis for the fiscal year ended March 1990. Strong non-consolidated corporate performances boosted consolidated net profits. Nineteen firms posted net profits of 50 billion
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    • Article
      Top 50 listed companies in consolidated FY89 net profit
      277 4 SSpfSlSI 1. Toyota Motor 346,262 (t1.3) 2. NTT 273,747 (22.7) 3. Matsushita Electric Industrial 235,561 (10.3 4. Hitachi 210,963 (13.6) 5. Toshiba 131,836 (10.4) 6. Nippon Steel 117,139 (50.0) 7. Nissan Motor 116,013 (1.2) 8. Sony 102,808 (41.8) 9. Fujitsu 86,758
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    • Article
      Lock icon Seoul wants more nuclear power from Canada
      290 4 Reuter SOUTH KOREA, currently negotiating to buy a Candu nuclear reactor from Canada, wants to acquire more of the units to help power its burgeoning economy, the president of Canada's nuclear agency said. Atomic Energy of Canada Ltd, which has failed to make
      Reuter  -  290 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      134 words
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      Page 4 Advertisements Column 2
      55 4 PAMA Prudential Asset Management Asia Limited a wholly owned subsidiary of The Prudential Insurance Company of America takes pleasure in announcing the opening of its Malaysian Representative Office Representative Francis C.H. Huang 01 08 Amoda, 22 Jalan Imbi ***** Kuala Lumpur Malaysia Telephone: (03) *****18 Fax: (03) *****18 N Hong
      55 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Montedison, Ferruzzi to merge into giant concern
      383 5 FT MONTEDISON, the leading Italian chemicals concern, is merging with Ferruzzi Agricola Finanziaria (FAF), the ag-ro-industrial holding company of the Ferruzzi group, to create one of the biggest industrial conglomerates in Italy. The new entity will form a plastics to soybeans empire with
      FT  -  383 words
    • Article
      Lock icon Fears of recession may hit Disney
      139 5 Reuter RECESSIONARY fears are driving down earnings estimates on Walt Disney Co, but analysts are split over the likely effect of an economic downturn on the entertainment giant. "You had a good third fiscal quarter. However, the comparisons are much more difficult, and we
      Reuter  -  139 words
    • Article
      Lock icon Northrop's prospects may be damaged by allegations
      419 5 Reuter CALLS by American congressmen for the US Air Force to bar Northrop Corp from future contracts may damage Northrop's prospects on two massive programmes now under review by Congress, financial analysts said. The House Oversight and Investigations Subcommittee is probing alleged fraud
      Reuter  -  419 words
    • Article
      Lock icon Analysts still confident about Siemens
      539 5 Reuter EQUITY analysts following Siemens AG are still confident about the company's prospects for the year despite the announcement by the electronics firm last week of slightly lower than expected nine months profits. Analysts point to Siemens' fundamental strength in all its activities, including the
      Reuter  -  539 words
    • COMPANY BRIEFS
      • Article
        Shell Oil's net income drops by 63.4pc
        85 5 SHELL OIL CO said on Friday that its net income fdl 63.4 per cent in the second quarter, as earnings declined in each of its exploration, refining and marketing and chemicd units. Net income was US$l6l million, compared with US$44O million in the
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      • Article
        Loss of US$70m for Swissair
        93 5 SWISSAIR registered a first-semester loss of 99 million Swiss francs (US$7O million), a Swissair stockholders letter published on Saturday said. The Swiss airline, explaining the losses by increased fuel costs and salaries, coupled with the strength of the Swiss franc which has reduced foreign receipts,
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      • Article
        Church to subsidise newspaper
        95 5 the WASHINGTON TIMES has been losing US$35 million a year and the deficit is being covered by the Unification Church and its subsidiaries, according to an interview with a church leader published on Friday. The Washington Post quoted Bo Hi Pak, a deputy to the church
        95 words
      • Article
        CTC listing raises US$92.5m
        77 5 COMPANIA de Telefonos de Chile SA's (CTQ share listing on the New York Stock Exchange raised US$9l55 million for the company, CTC said in a statement. CTC listed USSUO.49 million shares as American Depositary Receipts in an operation underwritten by a syndicate led by Salomon Brothers
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      • Article
        Qintex settles lawsuit
        85 5 QINTEX Entertainment said it agreed to settle for US$4 million a class action lawsuit brought against it after the company's Chapter 11 bankruptcy filing last October. Qintex filed for bankruptcy protection from creditors last October 19 after failing to meet a required payment to MCA Inc under
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      • Article
        'Takeover won't harm rating'
        53 5 STUDENT Loan Marketing Association (Sallie Mae) president Lawrence Hough said a takeover of the Higher Education Assistance Foundation's assets would not harm Sallie Mae's triple AAA credit rating. "We would not do this if there were any possibility or any danger whatsoever, you can bank on
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
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      Page 5 Advertisements Column 2
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        South East Asian buys bank in Mauritius
        82 6 THE Malaysian-owned South East Asian Bank Ltd in Mauritius, in which Bank Bumiputra Malaysia Bhd has a 20 per cent stake, has bought over the Habib Zurich Bank in the island, BBMB executive chairman Datuk Hanafiah Hussain said. The purchase, which was concluded
        82 words
      • Article
        Student loan agencies' woes
        73 6 US Education Undersecretary Ted Sanders said five to seven additional student loan guarantee agencies are in a weakened condition but are not about to collapse. "They are not teetering at the point that the Higher Education Assistance Foundation is," Mr Sanders told the Senate Banking committee.
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      • Article
        Perwira seeks revamp approval
        110 6 PERWIRA Habib Bank Malaysia Bhd (PHB) expects to receive approval from Bank Negara for its proposed capital restructuring scheme by next month, its executive director, Raja Datuk Aman Ahmad, said. He said: "We are still working with Bank Negara on the scheme's mechanism." It was reported
        110 words
    • Article
      Bank Indonesia reducing growth of money supply
      417 6 BANK INDONESIA is reducing the growth of money supply in a bid to curb the rapid rise in inflation, the Jakarta Post has reported. A spokesman for the central bank, Dahlan Sutalaksana, said last Friday: "The inflation of 4.8 per cent during the
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    • Article, Illustration
      Lock icon Lloyds warns of severe depression
      574 6 FT THE UK domestic banking market is undergoing its most severe depression since 1982, Lloyds, the smallest of the "Big Four" clearing banks, said. Provisions against bad debts in the UK wiped £190 million from Lloyds' pre-tax profits for the half-year ending in June, which
      FT  -  574 words
    • Article, Illustration
      Thai banks urged to limit credit growth in bid to control inflation
      733 6 THE BANK of Thailand will ask commercial banks to limit the growth in credit this year to 25 per cent in a fresh attempt to keep the inflation rate within 6.5 per cent, governor Chavalit Thanachanan was quoted
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    • Article
      Lock icon US bank stocks see silver lining amid the gloom
      349 6 Reuter SOME US bank stocks are finding favour on Wall Street, despite expectations that the generally poor earnings of the first two quarters will continue throughout 1990, analysts said. For the most part, analysts are avoiding money centre bank stocks, citing
      Reuter  -  349 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      335 6 <§> P.T. BANK UMUM NASIONAL U5520,000,000 REVOLVING CREDIT FACILITY Arranged by gull ASEAN FINANCE CORPORATION LIMITED iAFCI NDC MERCHANT BANK LTD Lead Manager Commerzbank (South East Asia) Limited Managers Arab Banking Corporation (8.5.C.), Singapore Branch Singapore Leasing International (Pte) Ltd Bank Brussels Lambert, Singapore Branch Banque Internationale i Luxembourg S.A.,
      335 words
  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article
      Lock icon Green and productive technology sought
      323 7 AFP SOUTH-EAST ASIAN leaders said on Saturday that they >were concerned over threats to the global environment, but could not ignore the linkage between environment and development. In meetings in Jakarta with their major trading partners, foreign ministers of Asean underscored the need for a
      AFP  -  323 words
    • Article
      Lock icon Taiwan plans drive to boost trade
      206 7 Reuter TAIWAN is planning a fiveyear drive to boost its trade with Eastern Europe, the Soviet Union and Vietnam to US$lO billion a year, trade officials said. A delegation, led by the Economic Committee of Taiwan's Parliament, was scheduled to start yesterday a three-week
      Reuter  -  206 words
    • Article
      High inflation, higher growth seen for HK
      323 7 HONGKONG'S inflation rate is likely to remain above 9 per cent, but economic growth will pick up in the second half of the year to an annual rate of 2.7 per cent, according to the Hang Seng Bank. The South China Morning Post
      323 words
    • NOTE BOOK
      • Article
        Philippines asks Japan and US for debt relief
        71 7 THE PHILIPPINES has asked Japan and the US for easier debt repayment terms to enable it to recover from a devastating earthquake, a Philippine diplomat said on Saturday. Foreign Secretary Raul Manglapus conveyed the request of President Corazon Aquino to Japanese Foreign
        71 words
      • Article
        Aseanpol Database
        65 7 THE POLICE of the six Asean countries have agreed to set up a regional database called Aseanpol Database to counter crime in the region, a communique issued at the end of the 10th Annual Conference of Asean Police Chiefs (Aseanapol X) in Kuala Lumpur said on Saturday. It
        65 words
      • Article
        Seoul-KL cooperation
        63 7 SOUTH KOREAN and Malaysian businessmen on Friday identified five areas in which their small and medium-scale industries can increase cooperation. A joint communique issued at the end of the one-day joint meeting of the South Korea-Malaysia Economic Cooperation Committees listed the areas as agricultural processing; small-scale resource development
        63 words
      • Article
        Thai exports up
        51 7 THAILAND exported about 290,000 million baht worth of goods during January to June, up by 15.5 per cent on last year, the Business Economics Department reported. However, the figure fall 3 per cent short of the target jointly set earlier this year by the public and private
        51 words
    • Article
      Bangkok working on farther easing of forex controls
      419 7 THE Bank of Thailand will seek Finance Ministry approval early next month to implement the next major parlfagt* of foreign-exchange deregulation measures, which will literally free all current accounts in trade and services while according greater flexibility to capital movements. Details of
      419 words
    • Article
      Poorer bottom line for Hongkong's Mass Transit Rail
      315 7 THE Hongkong Mass Transit Railway Corp (MTRQ suffered a loss of HK$2l7 million in the first half of the year, compared with $160 million for the same period last year. Despite a seven per cent increase in patronage over last year, deterioration
      315 words
    • Article
      Lock icon Baker rules out immediate resumption of ties with Hanoi
      317 8 AFP US SECRETARY of State James Baker yesterday ruled out the immediate reestablishment of diplomatic Relations between the US and Vietnam, but urged Hanoi to respect human rights and to Contribute to a peaceful settlement of the Cambodian conflict. "The question
      AFP  -  317 words
    • Article, Illustration
      Lock icon Countdown to opening up of Taipei market
      627 8 IHT |N HIS rolled-up sleeves, oversized glasses and rumpled shirt, Dr Chung-Hsing Chen is not Taiwan's most imposing figure. But as a di-|-ector of Taiwan's Securities and Exchange Commission, Dr Chen is a bulwark against pressure to open Taipei's stock market to direct
      IHT  -  627 words
    • Article
      Lock icon Thai club supports plan to relax curbs on car imports
      270 8 Bangkok Post THE Federation of Thai Industries' car club backs a Thai industry ministry plan to lift a ban on imports of completely-built-up cars under 2,300 a:. However, club chairman Kawee Vasuvat said the government should not allow the importation
      Bangkok Post  -  270 words
    • Article
      Lock icon Clearwater Bay marina opens for business
      301 8 South China Morning Post THE HK$ 106.5 million Clearwater Bay Golf and Country Club Marina has opened for business after eight years of construction by developers Marina Ventures (HK) Ltd. Marina Ventures is a joint venture between the Clearwater Bay Golf and Country Club
      South China Morning Post  -  301 words
    • Article
      Lock icon Telecoms dispute will test Hawke's leadership
      177 8 AFP A GOVERNMENT brawl over deregulation of Australia's telecommunications industry will show if Prime Minister Bob Hawke has lost his old healing touch. Political analysts in Sydney said yesterday that four months after winning a record fourth term, the ruling Labor Party is deeply
      AFP  -  177 words
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      158 7 YOU ARRIVE IN NEW YORK. YOUR DOCUMENTS FOR THE PRESENTATION DON'T. in your hotel room in Tokyo. And it's forty-eight hours before the presentation. Relax. :j Visa Gold's Document Delivery service will get I them for you on time. More than documents, it delivers assurance. And from assurance comes control.
      158 words
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      78 8 jl With three daily flights to Bangkok leaving at strategic times of the day, the only difficult choice you have to make is to decide whether you want breakfast Junchoi^nner^boarL^ 0830 Xb _jj2r m «figj|? jfl BP vm. "TCBB f J& mt IAI FLIE C^st> S I Por further information,
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      559 9 Short r 1 i 1 APPLICATION FOR CREDIT FACILITY TO FINANCE PURCHASE OF SINGAPORE I SHIPBUILDING AND ENGINEERING LTD (SSE) NEW SHARE ISSUE I Full name (as in NRIC/Passport) I Underline surname Mr/Mrs/Miss/Mdm I I NRIC/PP No. I I Nationality I I Address I Telephone Numbers (H) (O) I Direct
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Moscow eyes IMF membership
        65 10 THE TIME IS RIGHT for the Soviet Union to join the International Monetary Fund (IMF), Soviet Foreign Minister Eduard Shevardnadze said in Moscow last Saturday. "Our country regards its membership of the IMF as a logical continuation of its policy of wider involvement in global economic
        65 words
      • Article
        Privatisation law approved
        70 10 THE POLISH SENATE, or Upper House of Parliament, has overwhelmingly approved a law on privatising state enterprises, the last parliamentary hurdle for the government's plans to liberalise the economy. The 100-seat Senate voted 60-7 with two abstentions last Thursday to pass the law voted by the Lower
        70 words
      • Article
        Progress in pan-German tie-ups
        53 10 CORPORATE West Germany's push to forge partnerships with East German companies appears already complete, according to European corporate partnership statistics compiled by KPMG Peat Marwick Mclintock. However, second-quarter 1990 showed a strong decline in corporate partnerships struck with East German companies, to 44 from 106 in
        53 words
    • Article
      Lock icon East Germany tapping financial markets
      389 10 Reuter THE EAST GERMAN government, strapped for funds as it restructures its crumbling economy, has started to raise money on financial markets. The West German central bank, acting on behalf of the East Berlin Finance Ministry, announced last Friday that it was inviting East and
      Reuter  -  389 words
    • Article
      Lock icon Shev expected to propose Asian arms cuts plan
      263 10 Reuter SOVIET Foreign Minister Eduard Shevardnadze is expected to propose a disarmament plan for Asia at September's Asia-Pacific security seminar in the Soviet Far East port of Vladivostok, Japan's Kyodo News Service has reported. It quoted Japanese and Soviet sources last Saturday
      Reuter  -  263 words
    • Article, Illustration
      Lock icon Milken, Boesky get immunity to testify before Congress
      328 10 AP JUNK BOND financier Michael Milken and convicted stock speculator Ivan Boesky will be granted immunity from additional prosecution to testify before the US Congress. The decision by the full US Energy and Commerce Committee last Thursday virtually guarantees the two most
      AP  -  328 words
    • Article
      Lock icon Japan sets highest budget increase since fiscal 1982
      289 10 Reuter THE JAPANESE government has adopted a plan to allow its national budget for 1991/92 starting April to rise up to 4.4 per cent to 36.9 trillion yen against a 3.9 per cent rise in 1990/91. The increase in current expenditure, which
      Reuter  -  289 words
    • Article
      Lock icon UK council to cut staff by more than 1,000
      407 11 FT A COUNCIL in north-east England, whose poll tax level has been capped by the government, is to make 1,100 workers redundant more than an eighth of its staff. The job cuts are the heaviest yet made by any of the
      FT  -  407 words
    • Article
      Lock icon Mongolian army adjusting to reforms
      385 11 AFP MONGOLIA'S small army, equipped with World War II vintage gear and slated to get even smaller, is adjusting to democracy after a fashion as the country went to its firstever multi-party polls yesterday. "Me, I am voting for the colonel," said a soldier of
      AFP  -  385 words
    • Article
      Lock icon Preliminary approval for bigger EC budget
      173 11 AFP EUROPEAN Community budget ministers have reached preliminary agreement to boost the EC's budget for next year by 12.2 per cent. The ministers meeting in Brussels last Friday gave preliminary approval for a 1991 EC budget of 52.4 billion ECUs (U5566.5 billion), an increase
      AFP  -  173 words
    • Article
      Lock icon Temperatures rising over London transport crisis
      436 11 FT AFTER YEARS of steadily worsening public transportation in the London area, individuals and businesses are increasingly voicing anger. The transportation crisis is not limited to London, although the British capital is the most obvious and critical example of the problem. The Confederation of
      FT  -  436 words
    • Article, Illustration
      Lock icon Peru's President takes office
      55 11 Newly elected Peruvian President Alberto Fujimori waves to Members of Parliament following an inauguration ceremony in Lima last Saturday. In his first speech as head of state, Mr Fujimori said he intended to restore Peru's ties with the international financial community broken by his predecessor, Alan
      AFP picture  -  55 words
    • Article
      Lock icon Trinidad PM has resigned, say captors
      305 11 AFP MUSLIM insurrectionists who seized Trinidad and Tobago Prime Minister Ray Robinson and most of his Cabinet last Friday announced victory early yesterday, saying that the Premier had signed a resignation document. Shooting round the rebelheld Parliament and state television station died out around
      AFP  -  305 words
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      178 10 Jf Jy J/ J/ tifflrot APVIB ;w^s^T^- .JSPtHT >• •*> 1 '^H^ When you need results, rely on Richard Ellis. Richard Ellis were often retained as sole agents. Now multinational companies relocate their operations, We are established as the commercial leasing leader in that's client satisfaction! including Citibank, Digital Equipment
      178 words
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      158 11 yi 8» I IKB SOjnff A Ppjr *JE W >*- *»ir>psg&gPraJPlLlt ■W **v mu hhl "t*®- w Ml —> ■II 1 i r^ifc r j" j The immediate, yet quickly forgotten pain you receive when you pay down the user into leaving promptly at five and taking as long as
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  • ANALYSIS
    • Article, Illustration
      Jakarta poised to punish recalcitrant timber traders
      760 12  -  David Chew reports on the latest rumbling in the forest David Chew Timber merchants who have been given rights or "concessions" to fell trees under Indonesia's selective tree felling system (TPI) will find the going tougher in future, especially for those who flout
      760 words
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      Will the new CER succeed where the old Nafta failed?
      1509 12  -  Australian and New Zealand economic cooperation talk has been going on for 30 years without much results. Florence Chong reports on a new formula the two countries are working on Florence Chong Florence Chong is Business Times' reporter in Sydney
      1,509 words
    • Article
      Lock icon Zia still a spectre in Pakistani politics
      853 12 Reuter EVERY DAY, in the stifling heat of the Pakistani summer, small numbers of the faithful gather in front of the Faisal Mosque in Islamabad to make their devotions. But these prayers and benedictions are not directed at Allah most merciful, they are
      Reuter  -  853 words
  • Page 12 Advertisements
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      102 12 KNOW THE MD^y N Designed for activs lifestyles. Model ***** creates a sporty yet fashiorwWe statement for fxiet and men. The innovative interplay of ---sw colours and graphics adds an interesting dimension to *w face. The ri" 4 distinctive Lanvin name is engraved P on the ruthenium plated casing and
      102 words
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      61 13 Mm-si€>p 1 4 rv M ur* n J If youVe flying to France, why wait 'till you get there before you start getting into the mood? UTA, the French Airline, departs Changi every Tuesday and Friday, laden with French cuisine, French wines, French $teward6SMS* and intelligent Singaporeans. It's a non-stop
      61 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Happy workers make a happy company
      724 14  -  A corporate customer service effort needs to focus on two types of customers, external and internal. Before a company can create a service culture, it must get its own house in order. David Gabriel continues this series on customer service by taking a look
      724 words
    • Article, Illustration
      Handling cash the correct way
      459 14  -  SPOTLIGHT ON MA^ftEMENT 11 •> By Steven Choo (Steven Choo is a consulting manager at Ernst A Young Consultants Pte Ltd.) MORE attention should be given to a relatively easy and inexpensive way to help your business grow better management of your cash. Managing your
      459 words
    • Article
      MEMOPAD
      352 15 Seminars and courses Omwbom TMe Ve*t Orgaalser Td Jul 30 A New Dimensions in SIM Mgt Singapore Institute of *****66 31 Saks Forces Mgt House Management Jul 30- International Strategic Marina Mandarin Times Conferences *****3 A „1 Management &ES&U jul 3o_ Corporate Financial Marina Mandann Times Conferences *****3 Al
      352 words
    • Article, Illustration
      Lock icon Out of sight, not out of mind
      871 15  -  By Claudia Deutsch NYT WILLIAM GODSEY had headed the General Dynamics Corp's European operations in Brussels for three years when he got a call from Frederick Wood, a vice-president at the St Louis headquarters. Wood thought Godsey should apply for the newlyopened job
      NYT  -  871 words
  • Page 14 Advertisements
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      134 14 m Located at Kitchener Road, between Jalan iIT 1 rip Besar and Serangoon Roads, the New Park J- Hotel offers you a new experience every time New Park Hotel, The lobby with its impressive 2-storey high ww r|v ceiling is something to look up to. Our Ml.d v magnificent lobby
      134 words
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      294 15 I Management Consultancy ft I I I T r I/ Seminars And Training V|f|l||||K Business Assistance U l\ I L L I L l\ Manpower Recruitment t 0 I S I) l T A I I S Business Centre Direct Mailing >- il^^H w *&4£'! IP •*> J«S£ 'TJ® CSlbf
      294 words
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  • SPORTS
    • SIDE LINES
      • Article
        Biasion clinches third Argentine rally title
        98 16 LANCIA's world champion driver Massimo Biasion of Italy took his third Argentine motor rally title on Saturday after sweeping all four legs of the 2,118-km race in Buenos Aires. Biasion finished eight minutes and two seconds ahead of Toyota's Carlos Sainz of Spain, who
        98 words
      • Article
        Foursomes pay off
        92 16 LESLIE SHANNON has been saying for the past six months that the way the US was going to get the Curtis Cup back from Great Britain and Ireland was to play well in foursomes. The US did not do that in 1986 and 1988 and lost. That
        92 words
      • Article
        Japan edges out US
        103 16 KOdIRO MACHIDA's solo home run with one out in the bottom of the 14th inning in Seattle yesterday gave Japan a 7-6 victory over the US in baseball at the Goodwill Games. The US, who beat Japan in the gold medal game at the Seoul Olympics
        103 words
      • Article
        US moves on
        61 16 ZINA GARRISON and Jennifer Capriati posted straight-set victories as the US advanced on Saturday to face the Soviet Union for the 28th Federation Cup championship. The defending champion and top-seeded Americans beat No 3 seed Austria 3-0 and will meet fourth-seeded Soviet Union. The Soviet Union was
        61 words
      • Article
        Jones in the lead
        65 16 ROSIE JONES took the lead after the third round of the first-ever US$l-million LPGA purse at the Mazda LPGA Championship on Saturday. Jones shot a one-under-par round of 70 at the challenging 6,246-yard Bethesda Country Club in Bethesda, Maryland, for a three-day total of four-under par
        65 words
    • Article, Illustration
      Lock icon Chang battles to defeat Sampras
      449 16 AP EIGHTEEN-YEAR-OLD Californian Michael Chang and Pete Sampras battled for three hours under a scorching mid-day sun on Saturday before Chang prevailed for a 3-6, 7-6 (7-5), 7-5 victory in the semi-finals of the Players International tennis tournament in Toronto. Chang, winner of the 1989
      AP  -  449 words
    • Article, Illustration
      Lock icon Irwin takes one-shot lead in Buick Open
      227 16 AFP US OPEN champion Hale Irwin continued his brilliant play on Saturday and took a one-shot lead after three rounds of the Buick Open. Irwin, who grabbed a share of the lead with a re-cord-matching 63 last Friday, returned with a 67 on
      AFP  -  227 words
    • Article
      Lock icon Perfect 10 for Kalinina
      251 16 Reuter NATALIA KALININA scored a perfect 10 in the floor exercise on Saturday to upset Soviet team-mate and 1989 world champion Svetlana Boginskaya for the gold in the women's all-around gymnastics event at the Goodwill Games in Washington. Henrietta Onodi of Hungary took the bronze. With
      Reuter  -  251 words
  • Page 16 Advertisements
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      994 16 If| BANKERS TRUST NEW YORK CI CORPORATION AND SUBSIDIARIES I Incorporated with Limited Liability in the U.S.A. I Consolidated Statement of Income Consolidated Balance Sheet Bankers Trust New York Corporation and Subsidiaries Bankers Trust New York Corporation and Subsidiaries I (US$ m millions. (USJ m ,lbons. d«a) excepJ par value)
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      Page 16 Advertisements Column 2
      124 16 NOTICE NOTICE IS HEREBY GIVEN that, I Shin Dong Kyo of Blk 174 Toa Payoh Lor.l #02-1250, Singapore (1231), have applied for a Public House, second class licence in respect of premises at M/s Ar-Li-Lang Korean Restaurant Pte Ltd at #81-09, 101 Thomson Road United Square, Singapore (1130), and that
      124 words
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  • THE ARTS 1
    • Article, Illustration
      Lock icon The painters' magic mountain
      923 17  -  In a bold and intelligent undertaking, the Musee Granet in Aix has opened a major international art exhibition devoted to a very special mountain. Edgar Munhall reports. Edgar Munhall NYT FOR THREE DAYS at the end of August last year a forest fire of epic force
      NYT  -  923 words
    • Article
      Lock icon When modern dance is a new world
      709 17  -  Marina Dolganova-Balanenko, dance critic for the Moscow weekly Sovetskaya Kultura (Soviet s Culture) and the first Soviet journalist to visit the! American Dance Festival in Durham, North Carolina, shares her cross-cultural experiences in an article translated by Lynn Visson. Marina Dolganova-Balanenko NYT ONE
      NYT  -  709 words
    • Article, Illustration
      High tension at the violin shop
      1314 19  -  Koh Tse Ying in Houston braves a summer of sliced fingers, 'creative abuse' and difficult customers as she tackles the exacting task of string repair Koh Tse Ying The first time I told a pianist friend that I was spending the summer learning string
      1,314 words
    • Article
      Enthusiastic performers, vociferous supporters
      414 19  -  PY Van attended the first two nights of the Choral Festival held at the World Trade Centre last week P Y Van THIS YEAR'S Choral Festival, held from Wednesday to Friday last week, was part of the month-long Singapore Youth Festival. It saw choral presentations from
      414 words
    • Article, Illustration
      Lock icon More marimbas, less Mozart
      560 19  -  The South African arts festival has been criticised as being too European in focus. Brendan Boyle reports. Brendan Boyle Reuter The complacent routine of South Africa's premier arts festival was shattered this year when the African National Congress came to town and said Mozart would have
      Reuter  -  560 words
    • Article
      A short and sweet recital
      502 19  -  There was much to enchant the audience at last week's clarinet and piano recital organised by the Goethe-Institut, writes P Y Van P Y Van THE Goethe-Institut Auditorium was packed last Tuesday for a short, sweet recital given by Hans-Dietrich Klaus (clarinet) and Nerine Barrett
      502 words
  • Page 17 Advertisements
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      122 17 This announcement appears as a matter of record only. ASTRA CREDIT COMPANY PT RAHARJA SEDAYA FINANCE U5575,000,000 Competitive Bid Revolving Credit Facility Arranger Chase Manhattan Asia Limited Lead Managers The Chase Manhattan Bank, N.A. Dresdner (South East Asia) Limited The Industrial Bank of Japan, Limited Managers Bank Niaga Gulf International
      122 words
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      Page 17 Advertisements Column 2
      952 17 UNION BANK OF FINLAND LTD Statement of accounts for the year ended 31st December 1989 Consolidated Balance Sheet Consolidated Income Statement 31-12-1989 31-12-1989 HM milt. FIM mill. ASSETS J1.12.1W9 31.1119X8 1.1.-31.12.19*9 1.1.-31.12 I9BX l.kfuid awls Income C ash in hand 735.9 741.5 Interest income 13 662.9 10 426.4 Due from
      952 words
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  • Page 18 Advertisements
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      1056 18 WHERE TO WINE, PINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, PINE... j Some of our best advertising is fay wwd-of-mouth. vlNi v-~ For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, 330 8310 or 338
      1,056 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      615 18 TELEVISION AND RADIO «cis- &r MiM,on Men M [is SSS' wmmimM tale 01 IWO COpS z ss gagWL ■.«*ss ««»io ssffisSLESSs SSrrS'SS!; sfF*" «3£iSE£iF^LSTlt™ ImH Vv& of the most exciting moments H axret 7Jt M«ldbPra«w CaL Whv Buildines Make Yell Sick? LmML of the most prestigious of the hit 7JO
      615 words
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      240 19 AND ENTERTAIN Wild About Game GAME PROMOTION I 16 TO U JULY 1990 DINNER 7PM TO Sv AU PRICES SUBJECT fc,. 1 TO 10* SERVICE WM CHARGE AND Wc bring you the best of the hunting season roast pheasant, succulent saddle of hare and aromatic wild duck. All prepared in
      240 words
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      Page 19 Advertisements Column 2
      86 19 Chinese cuisine, best of Thai. Over 120 mouthwatering specialities QAUBWhK and an array of irresist iMe Thai desserts. GK#j MStAfHuvct RESTAURANT 583 Orchard Road 101 Thomson Road VH)- #01-16 Forum Gallena #61-55 Unitad Square Singapore 0923 Singapore 1130 Tel: 732 5688 Tel 252 5830 OFFERSISISISISISISISBS HOME OF SZE-CHUftN Mushroom with
      86 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares likely to trade in narrow range this week
      4878 20  -  By Magdalene Ng ACTIVITY in the local stock market is expected to be quiet this week with the major stock indices trading within a narrow band. Some analysts feel that this lull is just part of the long consolidation period before
      4,878 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4179 21 IWii S1A Foreign 2090 250 +13.6* S1A 200 1460+60 +4.3% SIA 1460 50 3.5* SPH Foreign 1210 +40 +3.4* Singmarine 50* 530 36 7.3* OOC Foreign 1060 +30 +19* Spore But 500 570 25 +4.6* Metro Hldp 575 +20 +3.6* Spore Fodder 192 +16 +9.1*
    4,179 words
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  • MARKET REVIEWS
    • Article
      Lock icon The perspiration index soars
      739 22 FT IT WAS A WEEK when raw fear finally showed through, when Wall Street's perspiration index soared. For over a month now the US equity markets have been behaving rather like someone with a passion for deodorants. How simple, how sweet smelling and how controlled life
      FT  -  739 words
    • Article
      Lock icon Nikkei index takes a beating throughout the week
      577 22 'Tgtfe AFP SHARE PRICES on the Tokyo Stock Exchange plunged last week in response to fears of higher interest rates, with the Nikkei Stock Average suffering a huge 1,558.04-point or 4.8 per cent weekly loss. The key market indicator closed the week
      AFP  -  577 words
    • ASIAN MARKETS ROUNDUP
      • Article, Illustration
        MANILA
        114 22 THE PHILIPPINE stock market posted significant gains last week despite the earthquake that recently ravaged parts of northern Luzon island. The Composite Index on the Manila Stock Exchange rose by 41.41 points, or 4.7 per cent, to close at 924.57 from the previous week's 883.16 closing level. At the
        114 words
      • Article, Illustration
        Lock icon TAIPEI
        95 22 AFP PRICES on the Taiwan Stock Exchange ended higher last week despite uncertainty over oil price hikes, financial troubles at several brokerage firms and rumours that Seoul would soon switch recognition from Taipei to Beijing. With the market advancing for the third consecutive week, the Weighted Price Index climbed
        AFP  -  95 words
      • Article, Illustration
        SYDNEY
        252 22 THE AUSTRALIAN stock market lost ground slightly last week, with poor trade figures hurting investor confidence. The main market indicator, the All Ordinaries Index, finished the week 24.2 points down at 1,578.7, shedding 12 points on Friday after a higher than expected current account deficit of AS 1.575 billion
        252 words
      • Article, Illustration
        BOMBAY
        215 22 SHARE PRICES broke new ground as market bulls pushed the Bombay Stock Exchange (BSE) to record highs in a week that took even the most optimistic investors by surprise. The BSE's Sensitivity Index breached the 1,000-point barrier during the week, months before every one had predicted it would. In
        215 words
      • Article, Illustration
        JAKARTA
        115 22 PRICES on the Jakarta Stock Exchange (JSE) fell last week as trading slumped due to lack of buyers. The JSE Index dropped 0.9 per cent to 624.987 on Friday from 630.096 a week earlier. The Jardine Fleming Nusantara Index fell to 145.25 from 146.40 with the consumer sector suffering
        115 words
    • Article, Illustration
      Market weathers storm with support of institutional investors
      851 22  -  By Ray Heath THE WONDER of the stock market in Britain last week was not that it tumbled 70 points but that the fall in the Financial Times Stock Exchange 100 Index was not greater. For while the country baked under blue
      851 words
    • Article, Illustration
      Shares fall sharply after hitting post-crash high
      970 22  -  By DBS Securities SHARE PRICES on the Hongkong stock market dropped sharply last week with the Hang Seng Index losing 54.63 points or 1.5 per cent to close at 3,485.80. Average daily turnover, however, rose to HK52.36 billion against the previous week's HKS2.2B
      970 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market firms up but trading volume dips
      4012 23 MBT SHARE PRICES in Kuala Lumpur fluctuated under bouts of buying and selling to close mixed to firmer last week. Following firmer trading the previous week, profit-tak-ing and stale bull liquidation set in but the bulls were in no mood to give in.
      MBT  -  4,012 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      151 23 Ex ecutive Style STYLE The executives want it. It makes a statement. It sets them apart from the mainstream. It gives them that added edge in a world where impressions, like it or not, do last. You, as the purveyors of style, should know what we mean and we invite
      151 words
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  • WORLD STOCK MARKETS
    • Poorer earnings outlook dampens Dow
      • Article, Illustration
        NEW YORK
        993 24 economic data renewed worries about the -.outlook for corporate earnings and in.X.tejest rates, pushing New York stocks moderately lower at the close on Friday. 7" Sharp drops in the dollar and in the K scares of several market favourites also 1 weighed on stocks, analysts said. The Dow
        993 words
      • Article, Illustration
        LONDON
        813 24 SHARES closed lower in light trading on London's Stock Exchange on Friday with investors showing very little interest in the market. Shares opened on a weak note and proceeded to drift for most of the morning and early afternoon. When Wall Street opened lower, London stocks were further depressed,
        813 words
      • Article
        TORONTO
        267 24 TORONTO stocks closed flat on Friday after strong oil and gas shares bucked the trend and shaved overall market losses in afternoon trade, dealers said. All other indices were flat or down on the day with media, construction and gold shares the big losers. The Composite Index lost 1.6
        267 words
      • Article
        FRANKFURT
        237 24 GERMAN SHARES slipped in dull trade to end broadly easier on Friday on pre-weekend position squaring and a lack of new factors. Most prices had been soft all week. The 30-share DAX index finished 13.08 points lower at 1,919.81, just off the session's low of 1,919.01. The index closed
        237 words
      • Article
        ZURICH
        316 24 SWISS shares closed almost one per cent lower in thin volume on Friday. One dealer said lower prices were more the result of a summer lull and price correction than the weaker Tokyo and New York bourses. The SMI Index of leading shares was down 17.0 points at 1,755.8
        316 words
      • Article
        MILAN
        190 24 ITALIAN shares finished mixed to lower on Friday after a stable start, with the possibility of a government crisis and Tokyo's sharp price falls weighing on the market, brokers said. The MIB Index eased one point, or 0.09 per cent, to close at 1,065. The index fell 2.2 per
        190 words
      • Article
        PARIS
        270 24 FRENCH shares closed lower on Friday with a declining Wall Street doing nothing to breathe life into a market which was generally moribund, dealers said. The CAC-40 Index closed 18.58 points lower at 1,965.79. In the week, the index has shed 64.81 points. The lifelessness was largely due to
        270 words
      • Article
        AMSTERDAM
        289 24 AMSTERDAM stocks remained under attack at midday on Friday, with many blue chip issues showing large losses as the market fell in line with other centres. The sell-off in the Dutch market followed sharp losses in Tokyo shares and also reflected weakness in West German and British equities, brokers
        289 words
      • Article
        BRUSSELS
        167 24 BELGIAN shares ended lower in moderately active trading on Friday as the market followed declines on other European bourses, traders said. The Brussels Forward Market Index fell 19.82 points to 6,301.57 and the Cash Market Index eased 2.97 to 6,341.35. "No-one wanted to take positions before the weekend," said
        167 words
      • Article
        Untitled
        419 24 July 27 Cloac Prrriw NEW YORK Dow Jones 2,898.51 2,920.79 -22.28 NYSE Financial 139.70 140.68 -0.98 SAP 500 353.44 355.91 -147 Turnover (million) 149 155.04 -6.04 LONDON Financial Timea 30 1.842.1 1,851.5 -9.4 FTSE 100 2,330.1 2,344.1 -14.0 Turnover (million) 344.7 468.8 -124.1 AMSTERDAM CBS General NA 199.60 2 Stock
        419 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Higher oil price potential puts pressure on yen
      315 25 WEEKLY ROUND-UP THE US dollar ended at 148.70 yen on Friday in New York unchanged from the previous week. The belief that Japanese monetary policy will stay steady and the potential for higher oil prices pressured the yen. "The market is focusing
      315 words
    • Article
      Lock icon ABA's insurance plan has merit: Fed
      133 25 Reuter RICHMOND Federal Reserve Bank president Robert Black said he thought an American Bankers Association proposal aimed at lowering the risks of the federal deposit insurance system was worth considering In a speech to a group of West Virginia bankers, Mr Black said the
      Reuter  -  133 words
    • Article
      Lock icon Yen drops, other currencies end mixed
      626 25 ASIAN CURRENCIES AFP THE Japanese yen dropped sharply against the dollar during the week amid tensions in the Gulf and falling Tokyo stock and bond prices, while other Asian currencies were mixed. Losing ground were the Indonesian, New Zealand, Philippine, Singapore and Thai units,
      AFP  -  626 words
    • Article
      INTERBANK FOREX RATES
      401 25 Crass rates j^y USS S$ MS* Dm Yen SFr AS NZS USS 1.8175 2.7080 1.6098 148.80 0.5435 1.3615 1.2649 1.6935 SS 0.5502 1.4859 0.8857 0.8187 0.2991 0.7491 0.6959 0.9318 MS' 0.3693 67.30 0.6003 0.5563 0.2038 0.5096 0.4722 0.6291 Dm 0.6212 1.1290 1.6659 92.43 0.3376 0.8458 0.7857 1.0520
      401 words
    • Article
      MONEY MARKET
      523 25 Interbank rates s$ Bid Offer Overnight 1 1/2 1-month 6 7/8 2-month 7 7 1/8 3-month 7 1/16 7 3/16 Overnight mode: S-l/2 US$ High Low 7 days 8 8 1 month 8 8 2 months 8 3 months 8 6 months 8 8 9 months 8 1/8
      523 words
    • Article
      Lock icon Bank of Japan tries to calm fears of rate rise
      525 25 Reuter THE Bank of Japan (BOJ) is trying to calm feverish speculation that it plans to tighten credit, but the move is viewed sceptically by economists and money market managers, given the country's strong economic growth and threat of inflation.
      Reuter  -  525 words
    • Article
      Lock icon Australian minister hints that rates will not drop further
      305 25 AFP THE Australian government's economic priorities are to cut inflation and the current account deficit, Australian Treasurer Paul Keating said. Mr Keating's remarks to the Irish-Australian Chamber of Commerce in Melbourne on Friday strongly suggested that there would be no further
      AFP  -  305 words
    • Article
      Large purchases fuel gold rally
      511 25 GOLD FINANCIAL FUTURES REPORT SPOT gold rallied in two phases last week, fuelled by a combination of rumours and large purchases. The first phase occurred on Monday morning in New York when US stocks sold off sharply on rumours of an attempted assassination of US
      511 words
    • Article
      FINANCIAL FUTURES
      254 25 COMEX cou) nmwES(ioooz) uss/oz Open High Low Settle IHTOO 367.80 T» Aug 569.50 370.80 365.80 368.00 -160 372 00 372.00 372.00 »M0 -60 o£ 373.60 374.70 369.80 372.20 60 Dec 378.00 379.60 374.50 376.60 -J.70 F59I 382 00 382.00 378.50 380.90 -.80 387.00 387.00 384.00 385.00 -.-90 i""
      254 words
    • Article
      PRIME LENDING RATES
      506 25 BANKS ABN Bank 8ft Allied Irish Bank PLC American Express Bank 8Vj Am'Dam R'terdam Bank 8ft Arab Banking Corp 8ft Arab Bank Ltd 7ft Asia Commercial Bank 7ft ANZ Banking Group 8ft Ban Hin Lee Bank 7ft Banca Commerciale 8ft Banco do Brasil 8 Bangkok Bank 8ft
      506 words
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  • COMMODITIES
    • Article
      Lock icon Shift in Opec strategy yields credible deal
      399 26 AFP OPECs landmark crude oil pricing and production pact concluded in Geneva on Friday stands a fair chance of meeting its target of lifting the price of Opec crudes to US$2l a barrel by year-end, oil market analysts said. The new minimum reference
      AFP  -  399 words
    • Article
      Lock icon Western nations need not fear price strategy: Subroto
      311 26 Reuter OPEC Secretary-General Subroto has allayed fears that the group would drive oil prices too high. "I must say that there need not be fear in Western countries that we will drive oil prices too high," Mr Subroto told Nigerian journalists. He
      Reuter  -  311 words
    • Article
      Lock icon Firm crude oil prices lift gold higher
      861 26 WEEKLY ROUND-UP AFP TENSION between Iraq and its Gulf neighbours Kuwait and the United Arab Emirates (UAE) as Opec talks got under way set off a sharp increase in crude oil prices last week. Analysts said that Iraq's threats should increase the probability
      AFP  -  861 words
  • Article
    PRICES
    1164 26 Rubber HAS (WHw tol—) S cents/kg Int I RSS Close July 23 155.25 July 24 155.75 July 25 155.75 July 26 156.27 July 27 155.50 MEELB (hi In M cents/kg Int I RSS Close July 23 Closed July 24 232.50 July 25 233.00 July 26 233.00 July 27 233.50
    1,164 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      855 26 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Lim Merry of No 18 Peakville Avenue, Singapore 1648, have applied for a First Class Beer House licence in respect of premises at M/s Merry Beer Garden (Eating House) at 865 Mountbatten Road #81-Kl3l Katong Shopping Centre Singapore 1543, and that this
      855 words
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      Page 26 Advertisements Column 2
      549 26 IN THE MATTES OP THE COMPANIES ACT CAP M AND IN THE MATTES OP BUBINEBB EVALUATION SEBVICES PTE LTD (la Meaken* Vetaatary UqaMattoa) NOTICE OP FINAL MEETING NOTICE IS HEREBY OTVEN pursuant to Section 308 of the Companies Act Cap 50 that a Final Meeting of the members of the
      549 words
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      8 26 IN THE MARKET Every Thursday ADVERTISING MARKETING In
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      15 26 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      940 27 City ET* FHM HP < MataM* QF81 1900 SQ225 2215 9Q228 1915 kmmm RJ182 1445 RJ183 2320 j— KL841 1055 GA892 0110 SQ23 1200 QF005 2230 flarlilMii TE25 1800 TE26 1920 SQ388 2025 tiniw Tr* Bt421 1105 SQ182 0915 nm,.. SO 181 1410 BI422 1205 BI429
      940 words
    • Article, Illustration
      Strange encounters of the Irish kind
      770 27  -  LETTER FROM IRELAND By Neville Stack IRELAND is the home of the strange encounter. Not only do the encounters themselves tend to be more than a little on the bizarre side, they are also recounted in anecdotal form that might be described as eloquent
      770 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4190 1.4390 Canadian dollar 1.5650 1.5850 NZ dollar 1.060 ***** Sterling pound 3.2900 3.3200 US dollar 1.8150 1.8250 Local dollars to 100 mils of foreign taupcy Austrian schilling 15.70 16.50
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      231 27 Duration Title Venue Organiser Tel Duration Title Venue Onmiaer Tjl July 30 Property Financing Jakarta AIC *****98 Sep 24-30 International Bulgaria Foirc 1/*****146 31 Hilton Conference Technical Fair Internationale July 30 New Trends In The Hilton Hotel AIC 03-*****43 De Plovdiv 31 Hotel Resort KL Conference Sep
      231 words
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      45 27 4 Iht huvino- pcr>..n .hoKc luotl.n. C I Illlrvt.lv.'Mturil.n imlMiml.lv I h.mt;i I I L—\ \irport .11 hour* mil it 2 1 X m. ilitti-rint otii* in the Is the follow in; ill*. (5) Hi; i 1 IM >l l'i;i -H An: V. > Air Canada
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      Page 27 Advertisements Column 2
      307 27 IN TM€ MATTER OF THC COMPANIES ACT, CAP. SO ANO IN THE MATTER Of OtAMONO MANAGEMENT SINGAPORE LTD (In Mwntowv' Voluntary UqutdaUon) NOTICE OF SPECIAL ANO ORDINARY RESOLUTIONS [Pursuant to Sadtoo 290<2)(b)] At an Extraordinary Qanarat Maating of tha Company hatd at 1 Rafflaa Ptaca 16th Storay OUB Cantra, Singapore
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      212 27 Length CVeral 71' 21.82 Metre Ermne -2 x M.T.U. 12 V183TE92 at 1,000 HP Beam Overall 19' 5.80 Metre Turbo Charge each Draft 4'4' -1.70 Metre Speed Max -27 Knots Head Room Areas-7'-2.10 Metre Speed Crusing 24Knots Displacement 42 Tons Range at cruising speed 450 to 500 N. mrfes Fuel
      212 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      223 27 single sailor (4) 26 Instrument for detecting a (5 particle in wine (9) vioil H\ 24 It turns up twice in a cata--27 Against cutting off the Sleepless vigil (5) p and whUe street for the second time 7 Boredom lies at the heart bs 4) ki of eighteen nuisances
      223 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      210 27 Singapore Outlook: Showers om several areas I ia the pre-dawa hours. I Report Max temp. 32.8* C Assoc humidity 55% Mintemp 25.3 Assoc humidity 96% Hrs of sunshine 10.10 Rainfall in mm trace Rainfall this mth 115.0 Rainy days this mth. 10 World forecast Asia-Pacific Hi/Lo* Coad. Auckland 15/07 Showers
      210 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      37 27 t:il.LiJi!.U>W!Hl»!Bg?i A PvK honest,\ (p,g g Vou TgViMg Loind me.up? \(JOCS —-TjEU- I NO-9uKCrteS-Pv)U£D) r jr OIUPJ IOJ RCpiUV TWifJK Of UJORK'NG •-> |l tue cMesteß- (£P~-a rC 1 p tfeRJN O^Gft^SpiTofJ f VISING standard CO LTD IW-1M
      37 words
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  • Article, Illustration
    Lock icon Plans to expand private sector cooperation
    378 28 Asean post-ministerial conference AFP ASEAN and its major trading partners plan to boost private sector cooperation in order to strengthen existing ties, regional diplomats said on Sunday. Greater private sector involvement was deemed necessary to complement existing government-to-gov-ernment ties, diplomats said at the conclusion
    AFP; Picture by H L Chan  -  378 words
  • Article
    KL, Jakarta not against US use of military facilities
    401 28  -  Frtoi Yong Pow Ang in JAKARTA INDONESIA and Malaysia have no objection to any Asean countries providing America with the use of their military facilities as long as these facilities do not add up to a US military base. Singapore has
    401 words
  • Article
    MCA calls on Chinese to back Barisan in election
    224 28 THE MALAYSIAN Chinese Association (MCA) has called on the Chinese community to give its fullest support to the Barisan Nasional (BN) to ensure the coalition's success in the coming general election. In a resolution passed at the party's 37th annual general
    224 words
  • Article
    Lock icon China to increase investment in HK to boost confidence
    195 28 Reuter CHINA'S leading overseas investor, Citic, will expand its investments in Hongkong to bolster confidence in the British colony, an official newspaper said yesterday. China's latest assurance that it was committed to Hongkong's prosperity came a day after it launched another
    Reuter  -  195 words
  • Article
    Lock icon Beijing to beef up rural industries
    123 28 AFP CHINA is taking steps to prime its rural industrial sector, despite an on-going austerity campaign that was deliberately aimed at slowing its growth. Speaking at a national conference in Beijing yesterday, State Planning Commission chief Zhou Jiahua called rural industries a key link
    AFP  -  123 words
  • Article
    Apec holds great economic promise, says Baker
    239 28 ASEAN and its dialogue partners need to build on some of the cooperative efforts in the economic sphere in which Apec (Asia-Pacific Economic Cooperation) holds "great promise", said US Secretary ot State James Baker. Mr Baker made the remarks at a joint press
    239 words
  • Article
    Lock icon Daikyo puts A$800m Aussie projects on hold
    229 28 AFP JAPAN'S giant Daikyo corporation has put projects worth AsBoo million (US$623 million) on hold in Queensland pending a state government investigation, a company spokesman said. The spokesman said that Daikyo, which owns several major tourist-related developments in the north-eastern state, was awaiting
    AFP  -  229 words
  • Article
    Lock icon UK to tighten control on foreign firms' shareholdings
    221 28 AFP BRITAIN is to tighten control on moves by state-owned foreign firms to take stakes in British concerns, says new Trade and Industry Secretary Peter Lilley. In a written reply to a question from a Member of Parliament that was published in
    AFP  -  221 words
  • Page 28 Advertisements
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      34 28 PrgeT JQAILUER EN HORLOGERIE DEPUISIB74 GENSVE @11?© Engineering Export Promotion Council (India) WE AM MOVING TO 10 Anson Road #23-02 International Plaza Singapore 0207 Tel: *****82/83 Fax: *****84 Tlx: RS ***** EEPC Cable: "OCEANBORNE"
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      Page 28 Advertisements Column 2
      358 28 PlvgeT m ILUER EN HORLOGERIE DEPUISIB74 GENEVE No immediate resumption of US ties with Hanoi, Pg 8 Effi NANYANG BiSgJ TECHNOLOGICAL INSTITUTE (To be reconstituted and renamed tfte Nanyang Technological University in 1991) IPE STRESS ANALYSIS il This course deals with the theory and practice of modem piping stress and
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  • Shipping Times
    • Article
      Lock icon TNT denies planning to buy stake in Elders
      156 29 Reuter INTERNATIONAL transport group TNT Ltd has denied a newspaper report that it may join The News Corp Ltd in a takeover bid for minority shares in Elders IXL Ltd. "They are simply rumours and we have never commented on rumours," TNT
      Reuter  -  156 words
    • Article, Illustration
      Idemitsu to repair its fleet at MSE facilities
      333 29  -  By K Vara IDEMITSU, one of Japan's largest shipowners, has given a firm commitment to Malaysian Shipyard and Engineering (MSE) to repair its fleet at the latter's facilities in the next one year. Currently, one of its supertankers, Idemitsu Maru, is undergoing
      333 words
    • Article
      Lock icon Senate, House negotiators agree on oil spill liability
      274 29 Reuter A SENATE-HOUSE conference has reached agreement on a sweeping oil spill liability law that will allow states to set unlimited liability limits on polluters. The legislation is expected to be sent to the full Senate and House for approval as early
      Reuter  -  274 words
    • Article
      Siam Chem gets helicopter charter licence
      214 29 SIAM CHEMICAL, one of Thailand's largest chemicalindustrial concerns, is starting up a helicopter charter service for its own diversified operations and commercial use. The industrial group owns and operates an oil refinery on Sichang Island in the Gulf of Thailand as well as fuel
      214 words
    • Article
      Lock icon Soviet shipowner charts new waters
      364 29 Lloyd's List AKP Sovcomflot has again broken new ground by becoming the first Soviet shipowner to publish its financial results. The figures, which cover the first 18 months of the company's operations from July 1, 1988, to Dec 31, 1989 show a net profit equivalent
      Lloyd's List  -  364 words
    • Article
      Lock icon Gatt talks: no decision yet on three service sectors
      402 29 Reuter US NEGOTIATORS said they have not yet decided whether to push for the exclusion of civil aviation, shipping and financial services from a global agreement on trade in services. But they said those sectors could be difficult to fit into
      Reuter  -  402 words
    • Article
      Scandutch boosts Far East-North Europe capacity
      246 29 Scandutch boosts Far EastNorth Europe capacity BUOYED BY the strong growth in trade between the Far East and Europe, shipping consortium Scandutch has expanded its fleet's capacity on the Far East-North Europe trade route. The Copenhagen-based consortium said in a statement that it has taken delivery of Arosia, the first
      246 words
    • NEWS SUMMARY
      • Article
        Sailing into rough waters
        34 29 JAPAN'S cruise industry is floundering in a sea of red ink because of a lack of passeafers. Analysts say operators must do more to drum up interest in cruises. Pace!
        34 words
      • Article
        German yards, Italian group buy Sulzer unit
        40 29 SHIPYARD Bremer Vulkan AG, East Germany's Deutsche Machinen-und Schiffbau AG of Rostock, and the Italian Fincantieri group have acquired the majority of the diesel motor activities of Swiss Gebrueder Sulzer AG. Back Pace
        40 words
      • Article
        Watermark: policies for pleasure craft
        55 29 TWO WEEKS AGO, the Watermark column touched on the growing pleasure craft industry in Singapore and the risks owner face when they are out on the sea. Today we examine pleasure craft insurance in more depth and discuss the types of insurance policies available in
        55 words
      • Article
        Israel may cut funds for airline
        31 29 THE privatisation of the Israeli national airline, El Al, may be threatened by a government plan to cut funds for the carrier's security. Bade Page
        31 words
      • Article
        Brazilians discuss port strike possibility
        26 29 UNION LEADERS representing Brazil's port workers said they had started a meeting to decide on possible future strike action Back Page
        26 words
    • LOG BOOK
      • Article
        US, Japan shipbuilding chiefs to meet next month
        69 30 THE US and Japanese shipbuilding industry leaders will meet in Tokyo next month to discuss the possibilities of joint research and develpment projects, a Shipbuilders' Association of Japan (SAJ) official said. The president of the Shipbuilders' Council of America, John Stocker, will
        69 words
      • Article
        IHI venture in engine tie-up
        67 30 A MARINE engine joint-venture company owned by Japan's Ishikawajima-Harima Heavy Industries Co Ltd and Sumitomo Heavy Industries Ltd has agreed with New Sulzer Diesel Ltd of Switzerland on the co-development of large engines. The agreement will enable Diesel United Ltd, which had been a licensee
        67 words
      • Article
        PIA plane skids off runway
        53 30 A PAKISTAN International Airlines Boeing 737 with 83 passengers on board skidded off the runway at Islamabad airport last Thursday, forcing the suspension of many flights, officials said. None of the passengers or seven crew was hurt, while the aircraft, arriving in Islamabad from Lahore,
        53 words
      • Article
        Continental wants to fly to Madrid
        69 30 CONTINENTAL Airlines Holdings Inc's Continental Airlines unit has filed an application with the US Department of Transportation for one daily non-stop flight from Newark to Madrid beginning in April 1992. Continental said the filing follows the carrier's previously-announced filing for non-stop service from Newark
        69 words
      • Article
        Aerospatiale unit, Gdansk sign deal
        50 30 EXECORP, an engineering, finance and commerce subsidiary of France's Aerospatiale, is considering setting up an assembly line at Poland's Gdansk shipyard to producc shipping containers. Aerospatiale said in a statement that the project is part of a cooperation agreement signed between Execorp and the shipyard.
        50 words
      • Article
        Airborne offers 2.5m shares
        54 30 AIRBORNE Freight Corp has priced an offering of 2.5 million common shares at U5524.75 each. Net proceeds of about U5559.3 million will be used to reduce outstanding indebtedness in order to enhance flexibility to finance anticipated capital expenditures. The offering is underwritten by a syndicate led
        54 words
      • Article
        Early end for Sino-Soviet line
        94 30 THE Chinese leg of a new Sino-Soviet railway is to be completed in late August, one month ahead of schedule, the official New China News Agency said. Only 20 km of track remains to be laid on the 460-km route linking Urumqi, capital of the
        94 words
    • Article, Illustration
      Lock icon Sailing into rough waters
      1135 30  -  Japan's cruise industry is floundering in a sea 01 red ink because of a lack of passengers. Analysts say operators must do more to drum up interest in cruises. Ai Nakajima reports Ai Nakajima Japan Economic Journal JAPAN'S "Ocean Cruise Age", which got off to a
      Japan Economic Journal  -  1,135 words
    • Article
      COCKETT BUNKER MARKET REPORT
      842 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      842 words
    • Article
      THE SHIPPING GUIDE
      12545 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,545 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        442 45 Wi» Birth ktM Papartrt fewI Way Na Birth fcriwl ggrtjW I Kffl Wherve* s« Hua ***** P2C alongside 30.07/1500 CarakaJN3 06/90 K34 alongside 29.07/2300 So»* Chanh 3/90 PIC afcx*sidc 30.07/0700 Eastarn Gl 21E/90 K18 alongside 29.07/1500 str St* 10/E P1B alongside 30.07/1500 Kamatawrrtt 3E WO alongside 30.07/2300
        442 words
      • Article
        CONTAINER SCHEDULE
        1213 45 RECEIVING Of EXPORT Fa CONTAINERS AMP LCL CARGO Record Boafch(/Babnct Wh SNp Voy No Period From To From f of (feeBel Space Act Jade 6A 1 Cance led 2 29/1700 30/0659 30/0900 3 30/0700 30/1159 30/1400 4 30/1200 30/1459 30/1700 Aa Lotus 2A 1 29/1500 29/1659 29/1900 Anon
        1,213 words
      • Article
        IN MALAYSIAN PORTS
        355 45 Pftw-i South Port on My 23: Botany Triton berth 1; Fuji Brave berth 1; Harukaze berth 2; Massd*)k berth 2; Hong Mau Cha berth 3; Seng Soon Chew berth 4; Pernas Safari berth 7; Berjasa berth 7A. KCT: Anro Fremantle berth 8; Sea Glory berth 9; Anro
        355 words
    • Article
      DAILY FREIGHTS
      1024 45 CHARTERING on the dry cargo freight market was again quiet on Thursday and rates remained steady, dealers said. The Baltic Freight Index rose eights points mainly due to a 22 point rise on the main grain route from the US Gulf to the North Continent. Earlier there was
      1,024 words
    • Article
      Lock icon German yards, Italian group buy Sulzer unit
      342 46 Reuter SHIPYARD Bremer Vulkan AG, East Germany's Deutsche Machinen-und Schiflbau AG of Rostock, and the Italian Fincantieri group have acquired the majority of the diesel motor activities of Swiss Gebrueder Sulzer AG, Bremer said. A spokesman for Bremer declined to say how large
      Reuter  -  342 words
    • Article
      Lock icon Brazilians discuss port strike
      82 46 Reuter UNION leaders representing Brazil's port workers said they had started a meeting to decide on possible future strike action. The port workers, who stopped work across the country for eight days, are angry at what they say is a lack of progress in subsequent discussions
      Reuter  -  82 words
    • Article
      Lock icon Israel may cut funds for airline
      175 46 Reuter THE privatisation of the Israeli national airline, El Al, may be threatened by a government plan to cut funds for the carrier's security, Transport Ministry and El Al officials said. The government has proposed reducing a US$ 15 million annual allocation to El
      Reuter  -  175 words
    • Article
      Lock icon LOT signs US$100m deal
      80 46 Reuter THE Franco-Italian group Avions de Transport Regional (ATR) will supply Poland's national carrier LOT with eight short-range airliners under a US$lOO million deal signed in Warsaw last week, a LOT spokesman said. The arrangement is being financed by a consortium of banks headed by Banque
      Reuter  -  80 words
    • Article
      Pleasure craft — types of policies available in the market
      853 46  - Pleasure craft types of policies available in the market By Ian Lancaster The writer is managing director of Citicorp Insurance Brokers Two weeks ago the Watermark column touched on the growing pleasure craft industry in Singapore and the risks owner face when they are out on the sea. Today we
      853 words
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      240 29 SHIP LASHING MATERIALS SPECIALIST Kinteinmme simt ci [ptd in T«t 2WM93 HitM) Tta mCCO MMM FW W444T7 SEND A COUIXIRY REPORT Mow and then, you send performTh StmitsTmie MM ance reports to your head ce or country report. But don t bother doing p ft yourself. Because there's The Straits
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      Page 29 Advertisements Column 2
      25 29 Coctett report 2 17 (My tracts 17 Into to Mvcrtan 3 Sham 1411 Stops in Port 17 Support Trie 17 WMtar ntf Sea ConMons 17
      25 words
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      Page 30 Advertisements Column 1
      88 30 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 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 at
      88 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1984 31 H JARDINE SHIPPING AGENCIES 200 Cantonment Rom) #12 05 South point. Singiport 0208 llHf/ Ttl *****11 TELEX NO MS ***** V^h2|£^K. IVAIIIIH TERMINAL/CPS Td *****18 220 FDCOCu'I BOOKINGS T«l *****34 235 i .J PESAKA JARDINE SNIPPING AGENCIES SON. WD PORT KELANG TEL: *****11 TELEX NO. MA*****/MA***** PENAN6 TEL *****4 TELEX
      1,984 words
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      Page 31 Advertisements Column 2
      1246 31 MDEX toadvertisers I T Macnk Line 3 4/5 Mainfreight 15 4 ABC Containeriine 13 5 #MISC 14 1-3 Accord Shpg 8 1-3 M'sia Shpg Corp 9 1/2 Adkris Business 16 3 Mendelssohn 5 1/2 Albatros Sea-Air 14 5 Meng Horng Shpg 15 2 Alfred C Toepfer 15 5 MOL 18
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      Page 31 Advertisements Column 3
      2290 31 V*Mi Voy ETA I ETO 'Port DESTINATIONS Stngapors K«i«ng v Th« MM -Ln M not CloaMg Tim* F«»a«r by iMt 0400 MRS M Fvco t CFS JO«7 23M MRS M Taure OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MON TOA LARS M 9008 31/7 1/S "sid Isw
      2,290 words
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      Page 32 Advertisements Column 1
      1092 32 ROTTERDAM/ VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE ▼/win pypflFSS 94/589 1/8 18/8 20/8 23/8 KATSURAQI 01/590 2/8 27/8 21/8 23/8 20/8 RFNAVON 96/593 5/8 22/8 25/8 27/8 HAMBURG EXPRESS 97/592 9/8 3/8 28/8 30/8 27/8 2/9 BENALDER 96/598 12/8 29/8 31/8 2/» 3* KOWLOON
      1,092 words
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      Page 32 Advertisements Column 2
      437 32 SOUTH m IRINI 30/7 14/8 21/8 25/8 ALSO ACCEPT INC CARGO VIA SUVA TO: IAUTOKA, PAGO, APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 30/7 6 9 8/9 10/9 AI«o acattinc Cirjo to Call jo (Peru) via Valpa Agenle; Singapore: »*v«6 VS. JAVA: 03-*****25 PBNANGjO^IO7S^^JOHO^a7|CTBI^^ NOWTHBOUND TO
      437 words
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      Page 32 Advertisements Column 3
      964 32 El *****18 SJMW REGULAR INDEPENDENT FULL CONTAMER SERVICE We§T66UN6 FOR EUROPE VSL/VOY SIN ALG BCL Fa ROT ANT HAM NNE LJIA ALG) ROT) HAM) NORASIA MUBARAK 9022-3 035* 24£ g g S S E8 l&XS 0 w® Sm S™ 85 SS 55 1™ $8 NORASIA SUN 9025-3 24'08 11 09
      964 words
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      Page 33 Advertisements Column 1
      1771 33 BjgSteamers Maritime Holdings Ltd P&O Containers Voy No P Kian« S'pan S ton H'burt B'havee 4'4»" Le* ACCENTS OUI SAILS TOUIO Exmss 94/JBB H.RIJN-28/7 0W» IMI 21* Tim CARGO KATSURACI 01/590 TBHUM-38/7 18/08 27*6 21/86 2306 WOB JW* MERCURY JADE VO7E KK. Mujra. Miri Daily In Pert 01 Aug BCNAVON
      1,771 words
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      Page 33 Advertisements Column 2
      1405 33 TO: EUROPE TO: FAR EAST SP LH ROM HAM B'HVN FIX SPORE HK RAO KOB BU HAN JIN OAKLAND 009* 4/1 22/1 23ft 24/1 2M 27/1 HANJIN HAMBURG 001E t* M W W 1M CHOYANG SUCCESS NOW ll* S/9 S* //I 10* HANJIN ROTTERDAM ONE 13* It* 17/1 20* 23*
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      401 33 sa STRAITS/ JAPAN/ STMITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN AMBALIKA COSMIC ASIAN CLIPPER PIONEER STAR VOY. NO 125 57 7 U4 S pore SM In Pt 12/S 20/8 P. Kelang In Pt 31/7 14/1 22/8 Penang 31/7 Hong Kong Yokohama 2/9 9/9 Nagoya 18/8 31/8 7/9 Osaka
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      568 34 Paget I P.T, UOYB fx uamm mnhesm wf, trmom lloyo CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOV S PORE R'OAH/ H'BURC BREMEN ANTWtRP ADAM S. PANJANG/2WB l-4f» M Jfl Jj> V* KUTAI/2SWB 14-22/1 23fl 21fl 5, 0 MATARAM/27W8 22-2W 22/10 KflO MflO 2/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO SubfKt
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      Page 34 Advertisements Column 2
      661 34 6hHANIIN SHIPPING II FULL CONTAINER SERVICE HANJIN OAKLAND OOW FT?] m" m" ST"'!T I J CHOYANG SUCCESS OlflW 18/8 5/9 6/9 7/9 9/9 10/9 CHOYANG CHANCE 04«E »l M BUSAN IB* HANJIN HAMBURG 002W 25/8 12/9 13/9 14/9 l(/9 17/9 I 1 HANJIN ROTTERDAM 010W 1/9 19/9 2<V9 21/9 23/9
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      Page 34 Advertisements Column 3
      1406 34 v j -j. t-j -1 -rn*U M I k I n 1 "1 "1 H fl I J 1 1 -B P9(L CGP Mi KM KLG PUS HKT OSK SM2 TTO LAX CHS ML NVC LJW WW Mil JU HMC SCP■ t CirTID RE-032 1* 2/1 7/0 w 1M M
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      Page 35 Advertisements Column 1
      1669 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 M TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NPPI INF QHN BHD MALAYSIA K.L.-(03) *****33, P.Kelang-(03) *****87, Penang-(04)
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      Page 35 Advertisements Column 2
      1057 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****11 *****1 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VOYACt |SPOK WKOW VOYAg gOlt WLANC HBURC imvtll TKJURT ROTT ANTWERP t Kisarv no> s«
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      Page 35 Advertisements Column 3
      110 35 If MaCAUMfI SffMKT wai—i cmnm Tf Tl |r> I I IW T«tac Mttl4» t*j: 2xl «m ta tn mm SIN-JKT-SIN VOY ETA SIN ETA JKT PELOPOR 952 29/7 01/8 TANTO SEJATI 07 01/8 04/8 HQ SUMATERA 917 02/8 05/8 PELOPOR 953 04/8 07/8 TANTO SEJATI 09 08/08 11/8 H.G. SUMATERA
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      Page 36 Advertisements Column 1
      1514 36 q mm t t 4\> w wmy as agents kawasaki Singapore <pte) lto icrno 1244«*****0M) \\y in K4 TEL: *****77 TELEX KAWAKIRS23I6S FAX *****79 \M 1 W_\j MALAYSIA: HARPER WIRA SDN BHD TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. N. AMERICA PACIFIC SOUTH-WEST f
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      Page 36 Advertisements Column 2
      1142 36 PHILI-ORIENT LINES PTE LTD K? 1 (The Complete NVOCC Package) mor -SFFA I ■■■■■■■■■■■I VANCOUVER, S*WESTERN I 9 AUG Mlllf AT O BAHRA!N KU ABL DH^I A I LON WINNIPEG, I BAHRAINI ABU DHABI> I REGINA, SASKATOON, I SHARJAH I CALGARY, EDMONTON, KELOWNA, I I KAMLOOPS VERNON PENT ICTON I
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      Page 37 Advertisements Column 1
      1626 37 Shipping Times, Monday July 3» 1W» PACIFIC INTERNATIONAL LINES (PTE) LTD SS&SSS&S U Jv JHV p,l Building, 140 Cecil Street #03-00, Singapore 0106. VOY SIM JKT SIN VOY SIN BKK SIN KOTA RIA MSB 278 4/8 KOTA SING A 20N 31/7 3/9 71% KOTA MCLATI 14SB 9/* 5/. tM EDCN
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      Page 37 Advertisements Column 2
      1162 37 r BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN RDAM LHAVRE Tokio Express' 94/589 1/5 Via Ala 18/8 21/8 22/8 Katsuragi 01/590 1/8 27/8 21/8 23/8 20/8 26/8 Benavon 95/593 6/8 Via
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      Page 37 Advertisements Column 3
      274 37 M MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen MERGUI VIOOW IN PT PAGAN VIS9W IN PT MYOMAYWA VI29W J/U AUG HPA-AN VIS3W 10/14 AUG PATHEIN VIO4W 12/11 AUG THE BANK LINE (A Mrvic* of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I
      274 words
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      Page 40 Advertisements Column 1
      731 40 ■gp i* INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBG RST W. ULBRICHT MO 1/1 24/1 2S/t 27/1 29/1 PANAMA SEN WFO3I 7/8 30/1 31/1 1/9 3/9 S/9 T. WENDA CW 15/1 7/9 1/9 10/9 12/9 AMERICAN SEN
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      Page 40 Advertisements Column 2
      1281 40 CRYSTAL FREIGHT < CFS > SERVICES PTE LTD v z TEL: *****88/*****22 «m cmmumtm tamcc re FAR EAST PORT KELANG 27/7 3/8 MANILA 4/8 11/8 PENANG 27/7 4 3/8 BUSAN 3/8 10/8 BANGKOK 2/8 6/8 TOKYO 2/8 9/8 HONG KONG 1/8 4 10/8 YOKOHAMA 2/8 4 9/8 KAOHSIUNG 29/7 5/8
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      Page 40 Advertisements Column 3
      263 40 LOADING FPU LOADING FOR BUENOS AIRES VESSEL SPO*E cao MN (AIRES MVIOEO *10 STS VIT PACUA itosmEN i 1M an m 1* u/» art VJML2 m SAftAMA 27/9 2/1 110 27/9 l/H W U/» VJMJ C ISABEL fclO 12/10 23/19 Ifll Ifll llfll VMM 4 2 MOSTWEERI Ufll QIU liu
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      Page 40 Advertisements Column 4
      1320 40 r fe CHINA OCEAN SHIPPfIW COMPANY 2, Ml ST RI ROAD, HKIC BUILDING TEL: *****00 #15-00, SINGAPOREOM7 FULL CONTAINER LINER SERVICE TELEX: RS2O3OCOSHIP CR NO **********0*1 FAX: 22S1M( General Agents: COCTAK SHIPPING Ft* LTD CABLt: COST LIB£ VESSEL/VOY SCP FLX ROT HAM AWT DKK VESSELVOr d* ROT MAM ANT DUX
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      Page 41 Advertisements Column 1
      788 41 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 t Competitive Rates!! KTA USA All IPI Destns 3/8, 10/8 EUROPE all Ports 4/8, 11/8 BANGKOK 2/8, 7/8 HONGKONG/CHINA 2/8, 5/8 SYD, MEL, ADEL, BRIS 2/8, 11/8 FREMANTLE 3/8, 12/8 MANILA 3/8, 10/8 PKLG/PENANG 5/8, 12/8 Poet Kolang Branch Tel: *****21/2/3 Fax:
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      Page 41 Advertisements Column 2
      261 41 TSniSmxS MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnaa) m FAX: *****15/*****03 IfTl) TELEX: RS ***** RISHIP (3 Llnaa) ir#A ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOAOMQ FOR SPORE ABBAY WONZ 25W8 23AM OARESSALAAM, MOMBASA. OJIBOUTI ASSAB. MASSAWA. HOOeiOAH NETSANET
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      Page 41 Advertisements Column 3
      738 41 MASKAPAI PELAYARAN P»PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS, r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN
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      Page 41 Advertisements Column 4
      897 41 BANGKOK CEBU/MANILA 'vessel IvoTf SINGAPORE BANGKOK IvEtSCL VOY SPORE CUO MAMLA CHAIYA BHUM# 07N Mon In Pt Thuf 2/1 SO ORIENT 31R 3/8 9/1 11/1 MAHA BHUM# 20N Wed 1/8 Sat 4/8 AKA BHUM 32S 10/8 16/8 11/8 MEKHANIK KURAKO 20N Thur 2/8 Sun 5/8 SO ORIENT 33R 17/8 23/8
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      Page 42 Advertisements Column 1
      1225 42 A iMAC-NELS SINGAPORE IPOKT TEL *****22 IWPOWT TEL MUOOiJ I TEL: (04) *****6 1 TEL: (088) *****0 TAWAU TEL: (089} *****9' I IP. KELANG TEL: (03) *****77 L UCHING l TEL: (082) *****3 SKAN TEL: (089) *****2 -fv Z/\~ —l'J BAHRU TEL: (07) *****2 ISIBU TEL: (084) *****2 LABUAN TEL:
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      Page 42 Advertisements Column 2
      516 42 BLUE LME SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIV AUCK LVT MAHSURI 0571 10 Aug 21 Aug Via HPL Aug MULBERA US
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      Page 42 Advertisements Column 3
      1158 42 /STITHONG SOON LINES PTE. LTO. I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una |wt leti [kit rasa \m n» [in KIM SOON LI 30/90E 4 AUG PENANG JENHOL
      1,158 words
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      Page 43 Advertisements Column 1
      664 43 Haw, M—day July 31 lw COMPANIA PERUANA de vapores Y "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore KAMALEVERETT K3O/31 Jul THOMASEVERETT 04/06 Aug 07/08 Aug SHAPLAEVERETT 15/17 Aug 18/19 Aug
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      Page 43 Advertisements Column 2
      590 43 VSI [SPORE IMAINLINER lux Ikst bav [NYC [HEX ZIM YOKOHAMA 30(7 2IM PVJSAN 25/1 J/J I JjJ I W \W> CARMEN CARINA 1/1 ZIM CALIFORNIA 2/9 11,1 UW lW ZIM KOPER UH ZIM L IVOR NO 12/9 21,1 £2 B* ZIM VENE2IA 1M ZIM LIVORNO 12/1 21,1 b4/9 W» W
      590 words
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      Page 43 Advertisements Column 3
      599 43 SING KWANG HANGN IMMM nUMWOKTATIOM (FT!) LTD WEEKLY LCL/FCL SERVICE I VESSEI SPORE JAKARTA SURABAYA JENLINK 30/7 2'B JENWEL I 1/8 1 I 3/8 VESSEL SPORE BANGKOK A VESSEL 3<V7 2/8 A VESSEL 1/8 3/8 DESTINATIONS ETA SINGAPORE PORT KELANG 3 AUG MANILA 30 JULY HONG KONG. ALL CHINA PORTS
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      Page 43 Advertisements Column 4
      506 43 PERINTIS LINEI J| i ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOV SIN JKT SBY PONTIAMAK* TANTO SEJATI 07 01/06 04/06 PELOPOR 953 04/06 07/06 TANTO SEJATI 09 06/06 11/06 PELOPOR 954 11/06 14/06 TANTO UTAMA 93 03/06 06/06 TANTO UTAMA 95 10/08 13/06 TANTO UTAMA 97 17/06
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      Page 43 Advertisements Column 5
      452 43 ©I .4* 1 111 FMEA|T TiJ 5/8 KEELUN6/KAOHSIUN6 5/8 BANGKOK J 1/8 MANILA/CEBU 4/8 JAKARTA/BELAWAN/SURABAYA 3/8 PORT KELANG/PENANG/E. Malaysia 6/8 BUSAN 5/8 TOKYO/YOKO/KOBE/NGO/OSA 6/8 HONG KONG also accepting cargo to Huangpu/Shefuhen/Fuztou/ Xiamen Xinganß Shancha SIN EUROPE UK 3/8 LDN/FLX/LVP/SOU 1 3/8 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Rounra
      452 words
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      404 44 jji CB SHIPPING dm marine services NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES Monthly service accepting FCL, LCL and breakbulk cargo to and from Laa, Port Moresby (P.N.Q.) and Townsville (Australia). Also other ports subject to Inducement. Next vesssl "ANKE" V 1668 ETA S'pore 17-18/8/90. Also starting regular service for project cargo
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      Page 44 Advertisements Column 2
      702 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE Y.M V.12-90W 31/7/90 29/8/90 20/8/90 24/8/90 A.N V.13-90W 16/8/90 11/9/90 1/9/90 6/9/90 MB V.13CW90 3/8/90 25/8/90 26/8/90 2/9/90 B A V.14CW90 16/8/90 31/8/90 10/9/90 15/9/90 N.C V 14-90W 26/8/90 21/9/90 12/9/90 17/9/90 K.S V.15-90W 28/8/90 21/9/90 12/9/90
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      Page 44 Advertisements Column 3
      765 44 JEF OcERnSEmcE /S F LCL/FCL SERVICE TO/FROM {*/2 PENANG KL: allieo-LINK SINGAPORE: /t7^\ m *****722 09-*****55 778 6522(22 lines) 590® V Mwlw 0«f ta« N|ICkMM CMmr AMcw VnMmt Ym CONVENTIONAL SSI VICES FROM SOUTH EAST ASIA/ FAR EAST TO USG/BRAZIL/ARGENTINA MV NORTWEEN SLEVIK MY NORTWEEN NOVA ETA BUSAN 29/7 ETA
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      438 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOU MM IIN UN 0300 MN «N MM 07N MM MM 1000 UM UN 13N14N ISM 16N 17* UN 19N 20N *****2N ZM ft 1.0 1J 1.7 2.0 10 2.0 li 1.5 12 1.0 0.9 1.0 1.2 13 1.9 U 2.4 24
      438 words
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      Page 46 Advertisements Column 1
      425 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -%S3r SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P BAHRU JAMBI TBN 29/7 INDONESIA
      425 words
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      Page 46 Advertisements Column 2
      692 46 [▲HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI INNOVATOR 34E 29/07 02/09 20/09 23/09 26/09 2509 LALANDIA 32W 25/06 29/06 01/07 19/07 26/07 HYUNDAI EXPLORER 33E 05/09 09/09 27/09
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      Page 46 Advertisements Column 3
      474 46 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) 'C^T mc Tc£L m ---r, T M^H To«H,tx«as pjFlsr H[^^H MTSURAGJ lit 27/1 ?11 mi n.m WMMIMi ITo rumn HAWUMMntESS M 111 M M 21 S«thM*«. :to «.l UK BENALOER |ui» lfl M MEDITERRANEAN (MED CLUB)* JEDDAH OCEANUS TOKYO 'mT'' s?*™ iflT
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