The Business Times, 8 August 1990

Microfilm: NL17094
Total Pages: 55
1 56 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday August 8 1990 75*
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  • NEWS SUMMARY
    • Article
      Paper hails pact between Gorbachev, Yeltsin
      60 1 PRESIDENT Mikhail Gorbachev's surprise pact with the Soviet Union's leading radical Boris Yeltsin on a joint economic reform programme amounts to a political alliance, Pravda said yesterday. The Communist Party newspaper, edited by Gorbachev ally Ivan Frolov, said it would lead to a radicalisation
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    • Article
      AFC to suspend armed struggle
      71 1 THE African National Congress has decided to suspend the armed struggle that has been central to its fight against apartheid for 29 years, an ANC and South African government statement released in Pretoria said yesterday. The declaration, hailed by both sides as a "milestone on
      71 words
    • Article
      Contractors' plea
      38 1 THE ACUTE shortage of granite and the accompanying price increases have led to a call by the Singapore Contractors' Association Ltd for the government to release granite from the stockpile held by the HDB Page 2
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    • Article
      Plan for Thai growth
      45 1 A MASTER plan to turn Thailand's "rice bowl" into the country's major food supply and distribution centre, and a key industrial zone, in place of Bangkok and its adjacent regions is to be proposed to the Cabinet this week. Page 8
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    • Article
      Tackling anger
      15 1 A VIOLENT nature may be due to brain damage, say scientists Page 15
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    • Article
      Better telecom links
      39 1 SINGAPORE Telecom and its Malaysian counterpart, Syarikat Telekom Malaysia (STM), have signed an agreement which will pave the way for better telecommunications links between the two countries within the next two years. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones higher
      45 1 WALL STREET shrugged off its oil worries yesterday, at least temporarily. The Dow 30 index gained nearly 34.points to 2,750 in the opening minutes, although by I Oam EDT (1400 GMT) it had slipped back to a gain of 17.82 at 2,734.16.
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    • Article
      Footsie higher
      46 1 LONDON shares defied the overnight bearish trend from Wall Street and Tokyo to post a sizeable advancc yesterday morning. At noon, the Footsie Index was up 32.4 points, or 1.46 per ccnt, to 2,252.6. The narrower FT-30 index was up 30.6 points at 1,762.6.
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    • Article
      UMW profits soar
      15 1 UMW interim profit exceeds the whole of last year's earnings Page 3
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    • Article
      Boost for SSE offer
      44 1 STRONG support from small investors and early closing dates for financing by leading banks before the onset of the Iraqi invasion of Kuwait helped to sustain a better than expected subscription rate for Singapore Shipbuilding Engineering's share offer. Pitge 3
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    • Article
      On the move
      15 1 THE former CEO of United Merchant Bank joins OCBC Bank Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 711.76 -23.05 Kuala Lumpur ....366.39 -18.32 Hongkong 3,098.69 -9.29 Tokyo?. 27,653.07 -946.46 Sydney 1,548.8 -2.3 Moaday Change New York 2,716.34 -93.31 London 2,220.2 -64.4
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SSI.8045 Yen SSI.1982 MS SS0.6682 Money mrktt rates Overnight 5 1/2 +2 1/2 3-montn 6 7/8 1/8
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    • Article
      COMMODITIES
      34 1 London Gold PM fix US$383.25 +USSI.00 STpcreSep.... 154.50*/kg +1.25 M'siaSep M232.50 */kg +0.50 KL Tin Turnover 55 tonnes -20 Spot MSl6.02/kg -8 Cmde pain oi Turnover 993 Iocs +474 Aug MS665 /tonne +6
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  • Article
    Simex raises oil margins
    120 1 THE Singapore International Monetary Exchange (Simex) has raised its minimum margin requirements for both its fuel oil and Dubai crude futures contracts twice this week. In a circular to members, Simex president Mr Ang Swee Tian said the board has prescribed the higher margins "in the
    120 words
  • Article, Illustration
    Market leader Shell raises wholesale prices
    479 1  -  Impact of Iraq's invasion of Kuwait By Lilian Ang MARKET leader Shell will raise from today its wholesale prices for a wide range of petroleum products, including petrol, in a move which is certain to result in higher pump prices within the week. The
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  • Article
    Lock icon Afternoon rebounds seen on Asian, European markets
    235 1 Agencies BARGAIN-HUNTERS and a lack of any real news about the Gulf crisis during trading hours prompted afternoon rebounds among Asian markets yesterday. This was also evident among Europe's major stockmarkets, which were generally higher during midday yesterday, helped by widespread bargain-hunting after
    Agencies  -  235 words
  • Article
    Lock icon Warships of major sea powers close in on the Gulf
    311 1 Agencies WARSHIPS from the major sea powers closed in on the Gulf yesterday in separate operations which military experts said could turn into an international blockade of Iraq under the UN flag. A total of about 50 warships from the
    Agencies  -  311 words
  • Article
    Fed will lower interest rates: analysts
    306 1 THE Federal Reserve Board will lower short-term interest rates soon to stimulate a tottering economy that faces a damaging new blow from higher oil prices resulting from Iraq's invasion of Kuwait, analysts predicted. An economy that already had slowed to barely perceptible growth during
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  • Article, Illustration
    'Singapore's growth unlikely to fall sharply
    492 1  -  By Kenneth James SINGAPORE'S economic growth will be adversely affected by recent developments, especially the trouble in the Middle-East, but will probably not fall significantly, according to businessmen and economists contacted by Business Times yesterday. The state of the economy, and an updated forecast
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      Page 1 Advertisements Column 2
      90 1 UN slaps embargo on Iraq, Pg 9 Kuwait unlikely to get Asian funds, Pg 9 Iraq forced to halve vital oil exports, Pg 9 Gold prices may have peaked, Pg 24 BT National Day special: a 20-page glossy supplement. Free with today's Business Times. Make sure you get your copy.
      90 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Higher pay for Ngee Ann Poly graduates
        95 2 COMPARED TO LAST YEAR, starting salaries for this a'l Ngee Ann Polytechnic graduates are nearly 10 per cent er and the bulk of them took under a month to find a job. Or Tay Eng Soon, the Senior Minister of State for Education,
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      • Article
        Call to boost Medisave account
        76 2 THERE SHOULD BE a 2 per cent increase in the employers' contribution to the Central Provident Fund, to be made payable into the employees' Medisave account. This suggestion was made by Lim Boon Heng, deputy secretary-general of the National Trades Union Congress, in NTUC News.
        76 words
      • Article
        NUS responding to changes
        97 2 THE PROPOSED ESTABLISHMENT of the Department of European Studies in the National University of Singapore indicates that the university is responding to the massive changes that are sweeping the world, and the new importance of Europe to Singapore. This observation was made by Education Minister Dr
        97 words
      • Article
        Spurring economic growth
        76 2 SINGAPORE must capitalise on its geographical advantage and push its economy to a new height through the development of technology and human resources, Minister of State (Community Development) Ch'ng Jit Koon said. The MP for Tiong Bahru GRC was speaking yesterday at the Tiong Bahru constituency's National
        76 words
      • Article
        Holiday Inn reservations office
        56 2 HOLIDAY INN WORLDWIDE has opened a worldwide reservations office in Singapore in order to strengthen its global reservations network. Located in Orchard Road, it replaces reservations centres at the two Holiday Inn hotels here. The new office will be responsible for handling room reservations for the
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    • Article
      Government urged to release granite from stockpile
      367 2  -  By Schutz Lee THE ACUTE SHORTAGE of granite and the accompanying price increases have led to the call by the Singapore Contractors' Association Ltd (Seal) for the government to release granite from the stockpile held by the Housing Development Board. This is to
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    • Article
      E German team seeks partners in S'pore
      231 2 AN EAST GERMAN FIRM has come to Singapore looking for joint venture partners and suppliers of items greatly needed in their newly-liberalised country. According to Nick Horstmann, there is a great demand in East Germany for all kinds of consumer and commercial goods
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    • Article, Illustration
      Toshiba donates computers
      203 2 JAPANESE conglomerate Toshiba, which saw total sales of $1.4 billion in Singapore last year, yesterday donated SO personal computers to four organisations to celebrate the Republic's 25th anniversary. The T3IOOSX lap-top computers, worth $600,000 in total, will be used mainly in research and development activities. The computers
      203 words
    • Article
      Local computer firm wins Manila contracts
      267 2 A LOCAL software developer has gained a foothold in the Philippines' fast-growing information technology market with a series of contracts signed with universities and government agencies. ATS Technologies said it has clinched a deal to establish computer centres for members of the Philippine Armed
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      666 2 p BE I m LEADING FOREX CURRENCY BROKING FIRM Systems Coordinator I Around $50,000 (R 00S) I 1! If you have a successful record as a Systems Analyst and are now ready to assume a more senior role, our client invites you to a challenging career within a fast-moving environment.
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    • Advertisement
      Page 2 Advertisements Column 2
      248 2 Jurong Cement's results a letdown, Page 3 HP Vectra 486/25 power and performance has just become irresistible. Now it's easier than ever to support, makes the HP Vectra Intel h486 32-at microprocessor running at 26 MH> dock rate. start er\joying the benefits of 486/25 virtually irresistible. s Extended induauy standard
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      UMW interim profit exceeds whole of last year's earnings
      421 3  -  By William Chia UMW HOLDINGS Bhd has reinforced its remarkable turnaround achieved last year by turning in an impressive set of interim results. Group profit after tax and minorities for the six months ended June 30, 1990, at M 560.59 million,
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    • Article
      SSE's share offer 118 times oversubscribed
      509 3  -  Response better than expected By A J Leow STRONG SUPPORT from small investors and early closing dates for financing by leading banks before the onset of the Iraqi invasion of Kuwait helped to sustain a better than expected subscription rate for Singapore Shipbuilding Sl
      509 words
    • Article
      Lock icon KLSE second board aspirant forecasts M$ 8m profit
      230 3 Bernama DAIBOCHI PLASTIC and Packaging Industry Bhd, the eighth company seeking a listing on the Kuala Lumpur Stock Exchange's second board, is projecting a pre-tax profit of MsB million on a turnover of between Mss2 million and Msss million for calendar 1991.
      Bernama  -  230 words
    • Article
      James Capel (FE) links up with Thai sub-broker
      378 3  -  By Magdalene Ng HONGKONG-BASED James Capel (Far East) is a step closer towards securing a broking seat on the Stock Exchange of Thailand (SET) through an agreement to provide research and management expertise to Ekachart Finance Securities, a subbroker in Bangkok. Mr
      378 words
    • Article
      Jurong Cement's second-half results a letdown
      336 3  -  By Lee Han Shih JURONG CEMENT, a company expected to show strong performance doe to the booming construction market, has turned in a disappointing set of second-half results lor the fiaaacial year ended March 31, 1990. Its announcement yesterday showed that while group turnover
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    • Article
      Lock icon Roxy forecasts M$ 4.llm profit for this year
      309 3 MBT ROXY ELECTRIC Industries (Malaysia), which chalked up a pre-tax profit of M 52.06 million for the year to Dec 31, 1989, has forecast pre-tax earnings of M 54.11 million for the current year. The prospective gross earnings per share works out
      MBT  -  309 words
    • Article
      Lock icon Malayawata Steel sees sharp jump in profit to M$ 3lm
      277 3 MBT MALAYAWATA STEEL has turned in a set of good results for the year ended March 31, 1990, thanks to the continued improvement in the construction industry. The group achieved an af-ter-tax profit of M 531.22 million, up sharply from
      MBT  -  277 words
    • COMPANY BRIEFS
      • Article
        Singapore Aerospace makes debut today
        162 3 DEFENCE-RELATED Singapore Aerospace Ltd will have its' shares traded under the Industrial/Commercial section of to®* Stock Exchange of Singapore today. Of the 100 million offered for public subscription, 85.38 million shares have been. alloted to locals while the balance of 14.61 million shares have been
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      • Article
        Public Bank's rights issue
        166 3 PUBLIC BANK BHD's one-for-five rights issue of 143.38 J million shares at MSI.IO per share has attracted 98.1 per cent participation at the close of the issue on July 19: Public Bank said 140.61 million rights shares were applied for, of which 99.78 million were Local
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      • Article
        Lum Chang buys shophouses
        71 3 LUM CHANG HOLDINGS has through its wholly-owned' subsidiary, Oxford Gardens Pte Ltd, acquired a company-' known as New Trend Holding Pte Ltd on July 31 for million. The company owns three units of shophouses at 33, 35 and 37, Gub Street in Chinatown with a total
        71 words
      • Article
        East Asiatic acquiring land
        129 3 THE East Asiatic Company Bhd (EAQ has entered into an > agreement to acquire the entire stake of Niasan Sdn Bhd for a cash consideration of M 55.23 million. Niasan's principal activity is the ownership of 3,846 hectares of agriculture land in Sabah which would be
        129 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      196 3 E m 2 0 z z C We have recently renovated our conference giving you a different conference areas. These can a of 40 in U-shape m > or 60 in a We can cater for sit-down dinners or buffets. 1 I We even offer special accommom Z m At
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Acer in joint venture with German company
        87 4 TAIWAN'S largest personal computer maker, Acer Inc, said it will start a joint venture with Messerschmitt-Bolkow-Blohm GmbH of Germany. Initial investment in the venture will be about US$B.3 million with each company holding 50 per cent of the shares. The agreement was signed
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      • Article
        Daikyo's purchase approved
        88 4 AUSTRALIA'S fair-trade watchdog on Monday approved Daikyo's controversial purchase of the Four Seasons Hotel in Cairns, Queensland. The Trade Practices Commission (TPQ chairman, Bob Baxt, said the Japanese giant's acquisition in the eastern state of Queensland did not breach the Trade Practices Act because luxury hotel accommodation
        88 words
      • Article
        Matsushita seeking approval
        71 4 MATSUSHITA ELECTRIC Industrial Co Ltd has asked Taiwan for permission to set up a computer production unit there. The subsidiary, to be capitalised at about 500 million yen, will be owned 80 per cent by Matsushita and 20 per cent by its Matsushita Electric (Taiwan) Co Ltd
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      • Article
        Inpex buys exploration stake
        158 4 JAPAN'S Indonesia Petroleum Ltd (Inpex) has bought a 15 per cent stake in petroleum exploration rights in the alBishri field in north-eastern Syria from a wholly owned subsidiary of Total-Cie Francaise des Petroles. This is the first time a Japanese company has bought an oil concession
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      • Article
        Mitsubishi to raise output
        63 4 MITSUBISHI ELECTRIC UK Ltd will boost the output of colour televisions and video tape recorders to a total of about 900,000 a year from 700,000 now, a Mitsubishi Electric Corp spokesman said. The move is to meet an expected growing demand from the European Community after
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      • Article
        Elders unit in 56-pub venture
        71 4 ELDERS IXL Ltd subsidiary Carlton and United Breweries and Cascade Group Ltd said they plan a joint venture to run 56 pubs in Australia. Carlton (CUB) and Cascade said jointly that the pubs, in Queensland, New South Wales and Victoria, were valued at about US$2BO
        71 words
    • Article, Illustration
      Shake-up in Pao group unlikely, says brokerage
      383 4 THE PAO family's World International group is unlikely to be rationalised in the near future, according to Citicorp Scrimgeour Vickers. The brokerage says the prospect of a group reorganisation has boosted the share price of joint flagship Wharf Holdings since the middle of
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    • Article
      Thavorn named Hung Pang partner
      398 4 FOR THE first time since it launched its controversial, mammoth Metropolis International office complex along Ratchadapisek Road, Taiwan's Hung Pang International has revealed the names of the Thai shareholders who hold 51 per cent equity in the project. According to The Nation, the joint Thai-Taiwanese
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    • Article
      Lucky Man chairman unlucky
      201 4 THE CHAIRMAN of troubled firm Lucky Maa Properties, Tan Kok Seng, was sacked by four directors who* he appoiated to the board at a shareholders' meeting in Jae. Mr Taa*t job has beea filled by director Jeremy Burr, who is the iaterim receiver of 67 per
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    • Article
      Samart making management structure less family-based
      394 4 SAMART GROUP, a Thai telecommunications concern that specialises in satellite antennas, is about to shed its family-based management structure. The group will enter into a joint venture with Shinawatra Computer Co to keep pace with the rapid growth in the communications industry, according to
      394 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      Page 4 Advertisements Column 2
      113 4 1 WHAT DOES IT TAKE TO MAKE TOjIEYMW? 181 Music Lounge. fingers clicking. Besides the Where the eye-popping 11 t fashion show, we also make excitement of models on Mu4 1 c 1 1 many eyes pop Jifißtii parade, every Wednesday during HAPPY HOUR, from 9pm, is a real treat.
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      48 5 CONGRATULATIONS to the Government and People of Singapore on 25 years of outstanding growth and achievements. We will continue to forge ahead with you. JF Nat Steel Steel Chemicals Construction Engineering Property Technology Investments Trade Nat Steel Lid 22 Tanjong Kling Road Singapore 2262 Tel: *****33 Fax: *****17
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Lotus laying off 40 workers to cut costs
        83 6 LOTUS DEVELOPMENT Corp has imposed a cost-cutting programme that will result in the layoff of about 40 workers, mostly from the company's marketing department. The company, which employs 3,100, said it was still hiring in some areas and that the net reduction
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      • Article
        Pernod Ricard's citrus buy
        75 6 FRENCH DRINKS group Pernod Ricard said that its subsidiary J F A Pampryl had bought a 40 per cent stake in the Argentine citrus fruit and concentrate producer Citricola Correntina. Citricola, which has its headquarters at Bellavista in north-east Argentina, produces 3,000 tonnes of concentrate a
        75 words
      • Article
        Rubbermaid to acquire Eldon
        68 6 RUBBERMAID INC said it signed a definitive agreement to acquire Eldon Industries Inc, which is headquartered in California. The agreement was approved by both companies' Boards of Directors, but is subject to regulatory approvals and to Eldon's stockholders. Rubbermaid has received commitments from Eldon's major stockholders
        68 words
      • Article
        Universal not buying leaf ops
        75 6 UNIVERSAL CORP said it has terminated talks to buy the leaf operations of R J Reynolds Tabacos do Brasil Ltd from Dibrell Brothers Inc. Universal also said its previously announced deal to buy Gebrueder Kulenkampff AG, an international leaf tobacco trader, is expected to be
        75 words
    • Article
      Lock icon Renault takes the lead in bid to buy Skoda stake
      469 6 FT .RENAULT, the French car group, has emerged as the favourite to buy a large, possibly controlling, interest in Skoda, the Czechoslovak car maker. The previous favourites were Volkswagen and General Motors, with VW widely thought to be in front.
      FT  -  469 words
    • Article
      Lock icon Federated, Allied stores report US$ 49m losses
      182 6 AP THE FEDERATED and Allied department store chains, which are in reorganisation, said on Monday that they lost U5549.2 million during the five weeks ending July 7, but added that the loss was less than expected. Federated and Allied, which own Bloomingdale's, Lazarus
      AP  -  182 words
    • Article
      Lock icon Businessland's loss worse than expected
      499 6 NYT BUSINESSLAND Inc stunned Wall Street on Monday by posting losses for the fourth quarter and the year far in excess of analysts' estimates. The stock of the personal computer retailer lost more than half its value, plunging US$4, to U552,875, in over-the-counter trading on
      NYT  -  499 words
    • Article
      Lock icon How Compaq plans to lead the PC pack in single Euromarket
      681 6 NYT THE European Community's programme to turn its 12 nations into a single market is creating a bonanza for makers of personal computers in general and for Compaq Computer Corp in particular. Analysts expect the Western European personal computer
      NYT  -  681 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      84 6 I ©ur sdmon, stuffed WiH? I SiiWiil; I I RnoWs Wfyat l?af)f)ens seductive creations.' I I (JP»6*A/peD ldKg)« I I iSGsqwuwr 1H IPH€ I I %u don't need 11 J 1 1 I I ixjfiioEElFi' i cocktail (lunch) or dessert (dinner). Pree. I I ff Gr us+ I I BiMPS
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  • FINANCIAL NEWS
    • Article, Illustration
      Former CEO of United Merchant joins OCBC Bank
      275 7  -  By Quak Hiang Whai THE FORMER chief executive officer of United Merchant Bank, Dr David Turner, has joined OCBC Bank as its regional head of capital markets. Dr Turner, who started with OCBC Bank on Aug I, joined the bank as a
      275 words
    • Article
      OUB's deposit, lending rates up
      228 7  -  By Conrad Raj OVERSEAS Union Bank's decision to raise its deposit and tending rates from today comes hot on the heels of the hike by its rival United Overseas Bank on Monday. Both OUB and UOB now charge 7.5 per cent for loans to their
      228 words
    • Article
      Citicorp aims to recapture HK market share
      165 7 CITICORP International is moving to re-establish itself as a major corporate finance house in Hongkong. It is targeting upcoming entrepreneurs, but at the same time serving existing companies to recapture a larger share of the market, the South China Morning Post has reported.
      165 words
    • Article
      West German banks acting cautiously in East Germany
      480 7 WEST GERMAN banks will put their investors and shareholders first when it comes to large scale investment in East Germany, disappointing people who had hoped for huge private sector funding for the east. West German banks say they have already been active
      480 words
    • SMALL CHANGE
      • Article
        NZ bank to raise base rate
        92 7 NATIONAL Bank of New Zealand Ltd said it will raise its base rate to 16.25 per cent from 15.75 per cent, effective Aug 15. The floating interest rate on home mortgages would move to 15.35 per cent from 14.8 on the same date. Its
        92 words
      • Article
        Westpac lowering prime rate
        65 7 WESTPAC Banking Corp will cut its indicator lending (prime) rate to 17.75 per cent from 18.25 per cent, effective Aug 13. The bank said the reduction followed the Reserve Bank of Australia's move on Aug 2 to ease official interest rates by one percentage point. Westpac
        65 words
      • Article
        Gramm renominated
        90 7 THE US Senate has approved the renomination of Wendy Lee Gramm as the chairman of the Commodity Futures Trading Commission. By a voice vote on Saturday, the Senate confirmed Mrs Gramm, 45, as the top federal regulator of the futures industry for a new five-year term. Mrs Gramm
        90 words
      • Article
        Security Pacific notes
        74 7 SECURITY Pacific Corp said it will sell US$lOO million of floating rate notes, priced initially at par, underwritten by Merrill Lynch and First Boston. Proceeds will go to general corporate purposes, it said. The rate on the notes will reset daily at 164 basis points below the
        74 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      238 7 SHHHNSSiSakJi Wrm v. r .*•-..,..--1 I I yaM fififc. r T,*[ FURTHER EVIDENCE OF OUR ENGINEERS' ACUTE SENSE OF HEARING JB They listen doeely to the comments of Jaguar drivers. A new engine management system which cuts throttle All the while, new computerised, advanced anti-lock and the finest inlaid veneer.
      238 words
  • Page 7 Miscellaneous
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  • THE REGION
    • Article
      Growth plan for Thai provinces
      506 8 A MASTER PLAN to turn Thailand's "rice bowl" into the country's major food supply and distribution centre, and a key industrial zone, in place of Bangkok and its adjacent regions is to be proposed to the Cabinet this week. The plan, formulated by the National
      506 words
    • Article
      Thai condominium slump looms as developers back off
      275 8 THE Thai Condominium Trade Association expects fewer applications for building permits in the second half this year following the rush by developers to avoid the new Building Code, the Bangkok Post reported. The new code being considered by the Public Works Department
      275 words
    • Article
      Lock icon Water sale to S'pore: Pahang to sound out KL
      194 8 Bernama THE PAHANG government will discuss with the federal government a proposal to sell water to Singapore if the island republic is keen on the idea, Menteri Besar Tan Sri Khalil Yaakob said yesterday. The state government would have no objection
      Bernama  -  194 words
    • Article, Illustration
      Lock icon Talks between US and Vietnam inconclusive
      451 8 NYT THE FIRST formal talks on Cambodia between the United States and Vietnam were held on Monday in New York, and both sides called them useful, although they were evidently inconclusive. The three-hour meeting of three American and four Vietnamese diplomats was held at
      NYT  -  451 words
    • Article, Illustration
      Lock icon KL in first step to corporatise navy's dockyard
      259 8 MBT THE Malaysian government registered a Ms 2 shell company early last month to take over the operations of the soon-to-be corporatised Royal Malaysian Navy's Ms6so million dockyard in Lumut, Perak. Defence Minister Tengku Ahmad Rithauddeen said the wholly-owned government company has
      MBT  -  259 words
    • Article
      Lock icon Swedes to boost presence in M'sia
      203 8 MBT SWEDEN, already a major player in the development of the Malaysian telecommunications and energy sectors, plans to further enhance its presence in these two areas. Its Foreign Minister, Mrs Anita Gradin, said the growth of Malaysia's telecommunications and energy sectors has been dynamic.
      MBT  -  203 words
    • Article
      Lock icon Hanoi acts against ailing credit firms
      230 8 AFP MUNICIPAL authorities in Hanoi have declared a freeze on the activities of financially troubled private credit companies, a Vietnamese newspaper reported on Monday. The firms have been unable to meet their repayment commitments in recent weeks, according to the daily Hanoi Moi and
      AFP  -  230 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      634 8 Singapore Shipbuilding Engineering Limited I (Incorporated in the Republic of Singapore) H INVITATION IN RESPECT OF I 46,000,000 EXISTING SHARES OF $0.25 EACH (THE "SHARES") AT $1.20 PER SHARE PAYABLE IN FULL ON APPLICATION The Board of Directors of Singapore Shipbuilding Engineering Limited ("SSE" or I "Company") is pleased to
      634 words
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      Page 8 Advertisements Column 2
      106 8 1 FOR SALE (BY TENDER) VACANT LAND PARCELS FOR WAREHOUSING DEVELOPMENT Location Western side of Kaki Bukit Avenue 2 Title URA Parcels 146 and 147 Lot 2763 Mukim 23 Land Area Approximately 21,380 m 1 Tenure 60 years HDB leasehold from 26 February 1982 Ownership No restriction on foreigners Development:
      106 words
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  • THE WORLD
    • Article, Illustration
      Lock icon UN slaps embargo on Iraq
      522 9 Impact of Iraq's invasion of Kuwait Reuter IRAQI President Saddam Hussein, whose seizure of Kuwait outraged the world last week, now faces international economic sanctions aimed to deny him markets for his oil, weapons for his army and even bread for his people. "These things
      Reuter  -  522 words
    • Article
      Lock icon Western ban forces Iraq to halve vital oil exports
      237 9 Reuter IRAQ, already feeling the pinch of a US-orchestrated boycott following its invasion of Kuwait, has cut its vital oil exports by nearly half, Turkish officials said on Monday. Iraqi authorities told Turkey's state-run Botas pipeline company that one of the
      Reuter  -  237 words
    • Article
      Lock icon Kuwait unlikely to get Asian funds
      557 9 Reuter ANY HOPES that Kuwait's Iraqi-installed government may have of raising funds in Asia to counteract the effect of European and US economic sanctions are likely to be dashed, analysts said yesterday. The day after Iraq overran its Gulf neighbour, Japan announced what amounted
      Reuter  -  557 words
    • Article
      Lock icon Multinational naval force proposed: report
      183 9 Reuter THE PENTAGON has given US President George Bush a proposal for a multinational naval force, including the Soviet Union, that could be activated if the United Nations trade embargo against Iraq requires military enforcement. The Washington Post. quoting unidentified administration officials, yesterday said the
      Reuter  -  183 words
    • Article
      Lock icon Experts differ on impact on supplies
      179 9 AP AS NATIONS look to Saudi Arabia and elsewhere to make up for the loss of oil from Kuwait and Iraq, predictions from experts on world supplies range from no immediate danger of shortages to severe restrictions soon. Uncertainty has sent prices surging. In
      AP  -  179 words
    • Article
      Lock icon Moscow to spend billions to soften impact of reform
      342 9 Reuter THE Soviet Union, facing soaring inflation and unemployment as it introduces a market economy, will spend as much as 95 billion roubles (U*****.5 billion) to cushion the impact. A senior official, Vladimir Shcheibakov, said on Monday: "Altogether, with pensioners included,
      Reuter  -  342 words
    • WORLD WATCH
      • Article
        White Paper commends Japanese economy
        58 9 THE economic White Paper for fiscal 1990 gave Japan good marks for economic performance with the exception of inadequate payoffs for the country's population. "Painful adjustments may become necessary," the report said, but "improved efficiency and robustness of the national economy will result." The economy
        58 words
      • Article
        Working the Seoul tool market
        72 9 MAJOR Japanese makers of machine tools have been racing to establish ties with their South Korean counterparts in apparent efforts to begin exporting their products from a third-party country. Yamazaki Mazak Corp, Toyoda Machine Works Ltd and other machine makers say that the tie-ups are
        72 words
      • Article
        China firms bounce back
        65 9 CHINA'S rural enterprises are bouncing back after being hard hit by Beijing's nearly two-year-old austerity drive, an official report said. But the English-language China Daily warned that the country's 18.6 million rural firms still faced numerous difficulties. Production among China's rural firms has risen gradually from
        65 words
      • Article
        India calls for common market
        66 9 INDIAN Foreign Minister Inder Kumar Gujral has called for a common market within the framework of the South Asian Association for Regional Cooperation. Mr Gujral told a meeting of the independent Nepal Council of World Affairs in Kathmandu that India and Nepal should cooperate closely
        66 words
    • Article
      Guangzhou revives Zhao's reforms
      160 9 REFORM policies closcly identified with disgraced party chicf Zhao Ziyang have been revived in Guangzhou, according to the South China Morning Post. Mr Xu Zhi, director of the Municipal Commission for Reform of the Economic Structure, said the city would expand the scopc of reform and
      160 words
    • Article
      Lock icon Foreign investors can sue Chinese officials
      130 9 AP FIRMS with foreign investment in China will be allowed to sue government officials for interference or other unfair treatment beginning Oct I, an official report said yesterday. The new administrative procedure law, announced by Foreign Trade Minister Zheng Tuobin, will require government departments
      AP  -  130 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      64 9 ggn |Z^777T7TI?7 p W omnmt w* fi h*o mPlftffiflP nIR VHP A. A V I omiMHO* BP A yo«i coald lake boar a Ml ■HapHH THE SAFE CHAIR PEOPLE <*.»*! «*"•>•« |P from oar daily Eatnan <^B Jnfr Draw absohilfh no parch ax nmkd _^jB Renovation Specialist A Furniture Manufacturer*
      64 words
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      Page 9 Advertisements Column 2
      195 9 wwe YMraanfi itilh&CTigia World Trade Centre, 4 12 August 1990 Open to public: 4, 5, 9,11 and 12 August (10am 10pm) j 6, 7, 8 and 10 August (2pm 10pm) j For Business visitors only: 6, 7, 8 and 10 August Explore more than 1000 kind of Indonesian selected products
      195 words
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  • Article
    Defence is the only defence
    471 10 EDITORIAL GOOD defences are like good teeth. Both are hardly noticed while they are there; it is only when the malfunctioning begins that they are missed. The need for a country to have teeth is therefore an entirely apt metaphor, as Kuwaitis today would be
    471 words
  • WHAT THE OTHERS SAY
    • Article
      Building foundation
      206 10 PRIMARY education is to be upgraded. A report, Building A Firm Foundation, released at the Schools' Council meeting on July 28, proposed among other things single-session for all schools, degree-level teacher-training, the integration of moral education into school life and improvement in streaming. The policy of streaming at
      206 words
    • Article
      Beyond renovation
      136 10 IN THE upgrading of Housing and Development Board estates, residents will have to bear about 25 to 30 per cent of the renovation cost. Frankly speaking, this is well worth it, although some families will be hard put to raise the sum needed. A question which comes to
      136 words
    • Article
      Defending ourselves
      133 10 IN A WORLD beset by wars and aggression, no country should take its national defence lightly. This is more so for a small country with limited resources and fighting power. Iraq's invasion of tiny neighbouring Kuwait is a case in point. What is sadder still is that Kuwait's
      133 words
  • REGIONAL VIEWPOINTS
    • Article
      A clear vision needed
      126 10 THERE is a tendency for us in Indonesia to be too easily satisfied with a job accomplished, and to let ourselves be swayed by acclaim. As we begin to conduct full diplomatic relations with China in the continuously changing setting of the Asia-Pacific region, we must
      126 words
    • Article
      Stop arming monsters
      262 10 DURING its disastrous eight-year war with Iran, Iraq grew into a military monster. It was able to acquire modern arms from the Soviet Union, France, China and South Africa, among others, because it could pay for them with its oil revenues. During the Iraq-Iran war, oil-rich Arab
      262 words
    • Article
      Falling in line
      144 10 CHINA and Japan deserve praise for taking a tough stand on sanctions against Iraq. Both countries put aside powerful economic arguments to show solid support for the United Nations' drive to isolate President Saddam Hussein, who appears not to have a friend in the world after last
      144 words
  • Article, Illustration
    Lock icon A tilting of power?
    900 10  -  With no immediate end in sight to the Middle East crisis, analysts say a sustained surge in oil prices would fuel inflation and higher interest rates, slowing economic growth throughout Asia. Michael Richardson reports Michael Richardson IHT AS THE Middle East crisis continued to batter Asian
    IHT  -  900 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      237 10 AT SHERATON LITTLE THINGS MEAN A LOT -AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE < x Z o 2 > Experience I SHOWS IN THE DETAIL. I X Vfl I a—» jT I --'^tfrß MHK\,'va -^sKItKC'vi^RIHh > < 2 z When you visit a country as guest
      237 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      69 10 DOONESBURY BY GARRY TRUDEAU MIQWEL 1 IS THAT I BROUGHT HOME A NEW IPSA EXPIAINEP MY CON 50 lUHAT SOME OUTS ¥OU* 6UC9SWHAT FOP. A PERFORMANCE PIECE 90 CEFTTOJESSEHEIMSHIMSELF; PIP YOU FROM THE H I BROUGHT HOME TV" TRUTHFUL, SO INNOVATIVE, THAT I EVEN HE iWULP HAVE TO CON- I
      69 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Asia-Pacific beefs up its defences
      1994 11  -  Iraq's blitzkrieg invasion of puny Kuwait has sent a chill down the spines of many countries which exist in the shadow of larger, more powerful and ambitious neighbours. With the implications no doubt ramifying throughout the Asia-Pacific, Harish Mehta takes a hard look at plausible
      Graphics Jenifer Chua; Source: The Military Balance 1989-90, International Institute tor Strategic Studies, London  -  1,994 words
    • Article
      Exposed, explosive and easy targets
      528 11 THE Pacific mini-states are virtually undefended, without a semblance of a system of defence alliances to save them from foreign invaders. Mini-states have been defined as those with a population of fewer than one million. In this respect, almost all the'islands of the Pacific, except
      528 words
    • Article
      Lock icon Importance of US bases highlighted
      410 11 IHT THE Iraqi invasion of Kuwait has underlined the strategic importance of continued American access to bases in the Philippines to support naval operations in the Indian Ocean and the Gulf, according to Western officials and analysts. Clark Air Base, which has large stockpiles of
      IHT  -  410 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      63 11 Speaahso m Fine HandJowaed Carpets GRAND AUCTION |jj| Sunday, August 12,1990. 100 Hand-knotted Persian, Village, MS Tribal and Workshop pieces. regji Auction Sale: 1.30pm spm K|j All lots are guaranteed and backed by Z&q faSfr a full trade in value at our showroom. if&y yfia Auctioneers: Cheong Koon Seng (CKS)
      63 words
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  • FOCUS
    • Article, Illustration
      Lock icon A vulnerable prime minister from her first day in office
      919 12 For one who swept in on a popular tide, Benazir Bhutto's unceremonious removal from high office should have raised not a few eyebrows. Yet it hardly did. The cocktail of ethnic strife, rampant corruption, alleged nepotism and military impatience was
      AFP  -  919 words
    • Article
      Lock icon Benazir Bhutto's milestones:
      461 12 AP April 10, 1986 Benazir Bhutto returns to Pakistan after several years in exile to resurrect the Pakistan People's Party founded by her father. Aug 17, 1988 Pakistan's military ruler and avowed opponent of Ms Bhutto's left-of-centre party, General Mohammad Zia-ul Haq, dies in a mysterious plane
      AP  -  461 words
    • Article, Illustration
      Lock icon An army with a big say in politics
      674 12 AP Benazir Bhutto rose to power with the blessings of Pakistan's powerful army generals. Some say she fell that way too. After 20 months in office. President Ghulam Ishaq Khan abruptly dismissed her government on Monday, citing widespread corruption among senior Cabinet
      AP  -  674 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      139 12 P A practical three-day conference on human fea resources development and strategies to propel your corporation into the 21st century p The Sixth Nafional HRD Conference Learn about HRD SUCCESSES: STRATEGIES THAT WORK ff Conference Highlights Include 1990 National Training Awards Presentation by Honorable Minister for Labour Mr Lee Yock
      139 words
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      Page 12 Advertisements Column 2
      45 12 IfvESSEI^I FOR I SALE 1967 kometa type vessel. BLT 1966 1 (USSR). Main engine 1977. Speed 31 knots. Fully classed and operational. 1 I Full details available. CNF Singapore m WL USDI9O,OOO. m 4k For details call or fax M k tel. *****58 or *****54^^p-:
      45 words
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  • SPORTS
    • Article, Illustration
      Lock icon Gavaldon comes back to beat Porwik
      528 13 Agencies ANGELICA GAVALDON fought back from early deficits in both sets for a 7-5, 6-4 upset victory over Claudia Porwik of West Germany in the opening round of the Great American Bank Tennis Classic in San Diego on Monday. Gavaldon, 16, had problems with
      Agencies  -  528 words
    • Article
      Lock icon Racism charges cloud other issues at final major tournament
      609 13 AP IT HAS been a long time since there has been this much focus on the PGA national championship. And never for this reason. Britain's Nick Faldo has a chance to become the first man in 37 years to win three
      AP  -  609 words
    • Article, Illustration
      Lock icon Douglas plays safe
      420 13 AP JAMES "Buster" Douglas knows what can happen when a fighter under-esti-mates an opponent. Douglas, who took the heavyweight championship from Mike Tyson with a shocking, lOth-round knockout last February, will defend his title against Evander Holyfield on Oct 25. At 24-0, Holyfield is the No 1
      AP  -  420 words
    • SIDE LINES
      • Article
        Who are the best amateur golfers?
        91 13 TEN OF Singapore's best amateur golfers will be swinging their clubs on Aug 9 and 10 at the International Amateur Golf Open Championship for the Volvo/SAS Cup in Bangkok. Other representatives are from Taiwan, Thailand, Malaysia and Indonesia. From this pool, six players will
        91 words
      • Article
        Top players to watch out
        91 13 THE 21st Anchor Beer Singapore Squash Open *90 from Aug 18-25 will see an interesting pool of 78 foreign players at the West Coast Recreation Centre. Leading the pack are top world players Jansher Khan, Chris Dittmar, Lisa Opie and Danielle Drady. Singapore will be
        91 words
      • Article
        Cagers seeking asylum
        109 13 TWO Bulgarian women basketball players left the team after the Goodwill Games and remained in Seattle where they are considering seeking asylum. A US government spokeswoman said yesterday that the two are still legal visitors in the US, but the team had left the country. The basketball
        109 words
      • Article
        Snowed under again
        103 13 HEAVY snow and high winds forced the cancellation of the second day of the opening round of the Ski World Cup in New Zealand yesterday. Monday's competition was scrapped by strong winds after 35 of 72 competitors had taken part in the slalom race. Race organisers said
        103 words
      • Article
        Testing time
        108 13 A TOUGH encounter is likely in Auckland today when Australia's rugby Wallabies meet North Harbour. The latter team, formed out of the Auckland Rugby Union, has a lot to prove under former All-Black captain Wayne (Buck) Shelford. "It'll be their first real international match and they'll want to
        108 words
      • Article
        Injury sidelines Lewis
        133 13 AMERICAN sprinter Carl Lewis and Britons Linford Christie and Peter Elliot will miss Friday's Ivo Van Damme Memorial track and field meet in Brussels because of injury. Organisers said on Monday that six-time Olympic gold medallist and world 100-metre record holder Lewis is suffering from a thigh
        133 words
      • Article
        Lendl's ranking in danger
        118 13 A MERE 90 points on the IBM/ATP Tour computer separates the world number one Ivan Lendl from Sweden's Stefan Edberg. Lendl is in danger of losing his position, which he has held since winning the 1989 Australian Open. Boris Becker is in third place, followed by
        118 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      258 13 LOST SHARE/TRANSFERABLE SUBSCRIPTION RIGHTS/LOAN STOCK CERTIFICATES The following Share/Transferable Subscription Rights (TSR)/Loan Stock (LS) certificates/ together with the relevant signed transfer deeds have been reported lost or destroyed:AMCOL HOLDINGS LIMITED No. of Shares/ Certificate No. In the name of TSR/LS ******64/8 DBS Nominees 5x1.000 (Re) Ltd ANA HOTELS SINGAPORE LIMITED
      258 words
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      Page 13 Advertisements Column 2
      96 13 made In Japan J y»(Mtiiirv o< our OA fwntuf* prowd« YOU «mh lh* poianbal k> *i««J| ptar vow olta layout toropkmalteaeaandtwicttnlafhcancv KIM LENG OFFICE EQUIPMENT PTE lit) -5 c ~2 Shenton Way #01-05 (behind Singapore 0207. Fax: *****86 TEL: *****89 *081*U-TYPEDESK PRINTER W C.O.E. R5 Rl9 R2l R25 EX me.
      96 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      265 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN.. WHERE TO WINE, DINE... CALIFORNIA DREAMING. West Coast Cuisine at The Palm Grill, August 6 18. Chef Lawrence Vito of The Stanford Court Hotel, San Francisco is a master of thia refreshingly different style of cooking. Acclaimed for
      265 words
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      Page 14 Advertisements Column 2
      336 14 (C n Happy 25th ALL OUTLETS Vanda Cocktail 9.50** PETE S PLACE 25th Anniversary Cake lkg $28.00*. I.skg $42.00* 25th Anniversary Pizza 25 Ingredients $13.90** PLUMS Singapore Dinner Buffet August lst-12th only Adult $24.00** Child 16.00** Singaporean High Tea 2.30pm 5.30pm $14.50** •Plum 4% govt tax •Plus 10% service charge
      336 words
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      Page 14 Advertisements Column 3
      289 14 Have a ball of a time at Subway! The hottest stop in town to hangloose and have fun. Happy Hours: 6-8 pm. 30% off all drinks. $15 nett after 8 pm on Kri. Sat and Kve of public hols. Closed on Sunday. S°°BWAY Plaza Hotel 1 SEiSS] ROSEGARDEN SICHUAN RESTAURANT
      289 words
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      Page 14 Advertisements Column 4
      354 14 p p .luzfliHHß- 6- Sqyckeeseto— 4 f SWISS I u The Swiss have such wonderful ways with cheese. Savour them and more at The Belvedere's Swiss Buffet this month p, SWISS BUFFET LUNCH < August 1 31, Noon 2.30 pm Adult: $36+ Child below 10: $18++ k We serve the
      354 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      699 14 TELEVISION AND RADIO 1 j QRPI9 500 News at Nine. 6.30 Religions Programme. DItCIMCQCftII OllUfi |_J 1 1 w T An 9.30 Prima Minister's National Day 6.40 VHJ Sod. pupincoo vw nauty r uilliy aluncS H IMKni'IJIMfITIM nivCTsary. 10 45 Countdown to National Day 5.30pm, 3.25 am: Financial News 800
      699 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Tackling explosive anger
      954 15  -  New advances show that the most common cause of violent rage is brain injury or neurological disease. Daniel Goleman reports Daniel Goleman NYT HE WAS a scientist, but he was acting strangely," said Dr Stuart Yudofsky, a psychiatrist who consulted on the man's case. "At work, when
      NYT  -  954 words
    • Article
      Lock icon First real Chinese restaurant in Prague opens
      531 15 Reuter IT TOOK almost 18 months for the first steaming plates of noodles, spicy beef and bamboo shoots to be served. Patience and perseverance finally paid off. But Stefan Farkas now knows just how difficult it can be to establish a small business
      Reuter  -  531 words
    • Article, Illustration
      Tie Me Up director blasts puritanism
      593 15 CHATTERBOX SPANISH director Pedro Almodovar says lingering American puritanism is to blame for the uproar over his latest film, Tie Me lip. Tie Me Down. "Everybody talks about this growing puritanism, which is true," Almodovar said in the August 13 issue of Newsweek. "People
      593 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      273 15 AND ENTERTAIN Tempting Treasures From The Deep. The tempting Fish and Oysters Promotion is on every night from August 7 to 25, at the Hubertus Grill. We guarantee you'll fall for it, hook, line and sinker! A© Century Park Sheraton Singapore 16 NASSIM HILL, SINGAPORE 1025. TEL: 732 1222. CENTURY
      273 words
    • Advertisement
      Page 15 Advertisements Column 2
      15 15 W THE PLACE FOR RIBS ■V First Of Its Kind In Singapore m lg f;
      15 words
    • Advertisement
      Page 15 Advertisements Column 3
      45 15 THE Clubs Chinese cuisine,Mk best of Thai. MTrfyiy Over 120 mouthwatering specialities and an array of irresist i Me Thai MSEVTAim y 583 Orchard Road 101 Thomson Road W #01-16 Forum GaMeria #61-55 United Square Singapore 0923 Singapore 1130 Tel: 732 5688 Tal: 252 5830
      45 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      ST Industrials Index slips a further 54 points
      4588 16  -  By Abdul Hadhi UNCERTAINTY over the oil situation induced further selling pressure on the Singapore stock market yesterday, causing share prices to close lower. Investors were still anxiously waiting to see how Wall Street would react before deciding to take up positions.
      4,588 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3815 17 Main Board Kings 328 +47 +16.7% Asia Pacific 890 +10 +1.1% Gold Coin 191 +6 +3.2% Inno-Pac Wfts 28 3Vi +14.3% RMCARe 131 +1 +0.8% M Credit Wt 95 52 +1 +2.0% UIS Wt 21 +Vi +2.4% Clob NST 565 +55 +10.8% Pedis Plant 545
    3,815 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      178 18 CiWMT Oat* Yoar Grwip Not N«t Minings firm im to profit/lost (L) par slur* dhridaad ('000) (cents) HTP Hldgs Aug 3 Mar 90 $2,334 ($2,7541) 2.6(-) XMPH Aug 3 Mar 90 8.5(7.1) 10*i(3) Murata Jul 27 Mar 90 18.309t(20.925() 94 2(107 2) 30(30 8) Bedford Jul 13 Dec
      178 words
    • Article
      PRELIMINARY RESULTS
      121 18 Cowpany Data Yaar Group pro-tax Nat aarnings Crass ann ta profit/loss (L) par stiaro divtdand ('000) (cants) AM06 Aug 3 Mar 90 MJ40.577($17.139) 3.1(1.6) 2.5(2) '.Wiarf Hldgs Aug 1 Mar 90 HKJ1.479d($1.251d) 65.7(59.0) 43.5(37.3) Inter Pacific Jul 30 Apr 90 M$100.038<$41,133) 7 0(2 8a) 10(6a) Berpya Corpn Jul
      121 words
    • Article
      INTERIM RESULTS
      325 18 Cempany Oat* Half-year Group pre-tax Interim aim to profit/toes (L) dividend ('000) Keppel Corpn Aug 6 Jun 90 $107,188($65,794) MISC Aug 6 Jun 90 MS230.219 ($210,826) 8TE (6TE) 9) Securities Aug 6 Jun 90 SI.648((2,316) 4(3) Focal Finance Aug 3 Jun 90 51.862(51.301) H Negara Aug 3 Jun
      325 words
    • Article
      CORPORATE DEVELOPMENTS
      440 18 Aug 5 QAF Ltd is investing MS 16m through its Malaysian subsidiary, Gardenia Bakeries (KL) Sdn Bhd, to build a new bfead manufacturing plant capable of producing four times its existing capacity in Shah Alam. Aug 3 Bolton Properties proposed to buy a 5% stake in Bolton LYI
      440 words
    • Article
      DIVIDENDS ANNOUNCED
      524 18 Currant Ex Books tola Total tor Total far payment data cfaM payaMo tha yoar last par Jfci Mdgs 6% Aug 28 Sep 7 Sep 26 6% 6* MOB 5% Sep 14 Sep 28 Oct 27 5% 2% MM 10% Sep 21 Oct 5 Nov 1 10% 7 5%(a)
      524 words
    • Article
      RESULTS DUE
      459 18 ShpHW Stocks Last FuM Yaar Cewpany M 0* to Nat EFS fen JM MMin4 entog <c«* ch leeng Mat mtenm Mar 30 Obc 89 5351 (h) EMS Intenm Apr 26 M 90 9.3(a) 2 3TE(a) 4.747 Tat Lm Fwnct Fmal Jun 1 Dec 89 12.3 8 0 2,206
      459 words
    • Article
      APPROVED ISSUES
      290 18 Cfftnpany Rights lime KM) K*i (KX) Otters tor sate by or on taM of Utd Enpneers (M) Bhd of 25 2m stares by way of i nghts offer to entitled shareholders of KK on the bass of tour tor-one MSI.25 each Ex-date: Jul 20 Books dose Aug 3
      290 words
    • Article
      BONDS, LOANS & WARRANTS
      646 18 BONDS, LOANS WARRANTS CM m _Wa«JS/4/H _1 warm* ptus $309 cash C—wii Last C— 1 III 2/10/89 to 20/10/94 1 warrant ptos |1 cnh or 1 warrant ptos $1 nommal amount of ban itwft Chun Mm Nates OwHf M toach 87 to 31/12/91 1.55 warrants phis >1.55 cash. Ctom ft*
      646 words
    • Article
      PROPOSED ISSUES
      578 18 Company Right* hum Brton One-tor-tour ft MJ2.00 per share Cjumwit tav Captol reduction scheme to reduce par value of shares from $100 to JO 60; Rights issue oJ 3:2 ft JO 60 per share GMK One-tor one fe MJ4 00 per share. Every tour nghts share would be
      578 words
    • Article
      COMPANY MEETINGS
      339 18 Golden Hope Plantations Bhd: 14th AGM at the Sarawak Room, Basement 2, Shangri-La Hotel, 11 Jaian Sultan Ismail, ***** Kuala Lumpur, on Wednesday, August 8, at 11.30 am. (Map Estates Bhd: EGM at the Anggerik Room, 4th Floor, Hotel Equatorial, Jatan Sultan Ismail, ***** Kuala Lumpur on Wednesday,
      339 words
    • Article
      RECORD HIGHS & LOWS
      151 18 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 l*t 1435.43 (16/7/90) 1990 M* 1607.12 (27/3/90) 1990 tar 1254 18 (2/5/90) 1990 tar 1360.48 7/8/90) 1909 1322.00 (28/12/89) 19» N0c 1487.76 (26/12/89) 1909 tar 917.42 (4/1/89) 190 tar 1030 69 (4/1/89) 1988 ktfc 1043.86 (8/8/88) 1988 Mfk 1177.87 (8/8/88)
      151 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      468 18 O Focal Finance Limited C/N/Xol PSnOnrO (lncoroo.awd,n Singapore) IUvOI I II Ia I IV/C a Member ot ihe OCOC Group ANNOUNCEMENT The Directors of Focal Finance Limited are pleased to announce the unaudited interim results for the six months ended 30 June 1990 as followsLatest Half Previous Half H Year
      468 words
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      Page 18 Advertisements Column 2
      33 18 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times Tha Straits Tim«a WEEKLY OVERSEAS EDITION Subscribe now. Call 740-1840/1. A too availabta at Timaa Tha Bookshop outtata.
      33 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares close above day's lows on bargain hunting
      3787 19 Bernama SHARE PRICES on the Kuala Lumpur stock exchangc closcd broadly lower yesterday but managed to recover slightly some of their earlier losses on afternoon bargain-hunting activity. The technical rebound helped the KLSE Composite Index to inch up from the day's low
      Bernama  -  3,787 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      682 19 THE BANK OF ASIA, LIMITED INTERIM REPORT 1990 INTERIM RESULTS The Orectors of The Bank of East Asia. Limited announce that the unaudited results for the si* month period enaed 30th June 1990 were as follows 1990 1969 Increase HK$ HKS «N Consolidated profit after providing for taxation and transfer
      682 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks take another knock with a 3.3 pc fall
      2297 20 Reuter TOKYO stocks lost more than three per cent of their value yesterday as instability in the Middle East Gulf made for a fifth straight day of sharp declines. In the afternoon the benchmark index dipped to a new low for
      Reuter  -  2,297 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Late bargain-hunting cushions fall
      2370 20 Reuter HONGKONG share prices were softer yesterday following Monday's plunge spurred by escalating tension in the Gulf, with the Hang Seng Index losing 9.29 points to close at 3,098.69. Turnover, however, swelled to HKS3.3 billion, against Monday's $2.7 billion. Nervous selling by local and overseas investors
      Reuter  -  2,370 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks rebound strongly at close
      • Article
        AUSTRALIA
        1000 21 THE AUSTRALIAN stockmarket retraced nearly alt its way back into positive territory by the close after sharp losses in the morning session yesterday. The All Ordinaries ended 2.3 points weaker at 1548.8, compared to its earlier low at 1524.7. The recovery came despite the continuing Middle East crisis which
        1,000 words
      • Article
        MANILA
        482 21 PHILIPPINE SHARES closed sharply lower yesterday in reaction to the slump in Tokyo stocks, brokers said. The Manila Stock Exchange composite index lost 3 per cent or 27.27 points from Monday to close at 869.44. Brokers said the plunge in Tokyo and Hongkong stocks indicated fears about oil price
        482 words
      • Article
        SEOUL
        858 21 SEOUL STOCKS bounced back slightly yesterday from early lows but still ended the day below 660, dragged down with other world markets on fears of possible long-term effects of the conflict in the Middle East, brokers said. The compos- itc index fell 5.52 points to 655.88. Turnover was more
        858 words
      • Article
        Untitled
        341 21 Ia local carreacy la S$ la US$ day year day year day year Aug 6 Index change chaage chaage chaagt chaagt chaagf World 394.6 -3.2 -15.1 -3.1 -18.2 -2.8 -13.8 *EAFE 542.2 -3.8 -20.4 -3.1 -22.3 -2.9 -18.2 Europe 417.5 -4.3 -7.4 -3.1 -1.5 -2.9 3.8 Pacific 909 4 -3.3
        341 words
      • Article
        TAIPEI
        414 21 STUNNED TAIWAN investors sent the stock market's index tumbling a record 6.79 per cent yesterday as steeper-than-expected falls in Tokyo and Hongkong erased the last traces of optimism on the bourse. The weighted index fell 339.97 points to 4,668.24. There were almost no trades after the first 90 minutes
        414 words
      • Article
        BANGKOK
        728 21 THAI STOCKS plunged for the second straight day in thin trading yesterday on growing fears of a protracted Gulf crisis and soaring oil prices, brokers said. The SET Index tumbled 86.69 points, or 8.6 per cent, to close at 922.35 after it shed 88.48 points on Monday. The market
        728 words
      • Article
        Untitled
        90 21 Close Krctious August 7 SYDNEY All Ordinaries Index 1548.8 1551.1 -2.3 All Industrials Index 2340.7 2348.7 -8.00 1 All Resources Index 936.1 934.6 +1.5 Turnover (million) 95.60 89.98 +-5.62 BANGKOK SET Index 922.35 1009 04 -86.69 Turnover (nearest '000) unav unav JAKARTA Composite Index 603.12 607.62 -4.50 Turnover (nearest'000) 2190
        90 words
      • Article
        JAKARTA
        605 21 JAKARTA STOCK exchange prices extended Monday's fall yesterday, with the composite index dropping 4.50 points to 603.12 after Monday's 5.87 point fall. Turnover, however, rose to 2.19 million shares from Monday's 1.90 million. Nickel producer Inco dominated the regular market at 141,500 shares. It eased 50 rupiah to 8,000.
        605 words
      • Article
        NEW ZEALAND
        336 21 NEW ZEALAND SHARES took heart from a less-than-expected fall on the Australian bourse to stage a partial recovery yesterday, regaining about half the ground lost in morning track. The Barclays index ended 25.73 points down at 1,691.16 after tumbling 46.51 points to a two-and-a-half year low in morning
        336 words
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  • WORLD STOCK MARKETS
    • Dow Jones closes 93.31 points lower
      • Article, Illustration
        NEW YORK
        1146 22 CONTINUING TURMOIL in the Middle East and steep drops in foreign stock markets overnight triggered a massive selling spree that sent US blue chips tumbling more than 90 points by the close on Monday. It was the second straight session of sharp losses and hectic trading. "I think
        1,146 words
      • Article, Illustration
        LONDON
        827 22 SHARE PRICES closed sharply lower on London's Stock Exchange on Monday, battered by concerns about the conflict in the Middle East and pessimism over oil prices. Stocks opened significantly lower and fell for most of the session, with market watchers wondering nervously when the price slide would abate. "Until
        827 words
      • Article
        Untitled
        87 22 Aug 6 Cloac Previous NCW YORK Dow Jones 2716.34 2809.65 -93 31 NYSE Financial 129.64 133.41 -3.77 SAP 500 334.43 344 86 -10.43 -Turnover (million) 240.40 292.36 51.96 LOHPOfl Financial Times 30 1731.90 1793.4 -61.50 FTSE 100 2220.20 2284.6 -64 40 Turnover (million) 591.3 523.4 +67.9 AMSTERDAM CBS General 188
        87 words
      • Article
        AMSTERDAM
        251 22 DUTCH SHARE prices extended opening gains in quiet midsession trade yesterday with some institutional investors returning to the market. "The market is improving in line with London and West Germany and some big investors are looking for quality stocks which have recently fallen in price," one dealer said. But
        251 words
      • Article
        FRANKFURT
        393 22 WEST GERMAN share prices ended an active session firmer yesterday, but operators remained cautious about the chances of a prolonged upswing from recent lows, citing unchanged bearish fundamentals. The 30-share DAX index gained 29.37 points or 1.69 per cent, to end at 1,770.30, but it remained below an intrasession
        393 words
      • Article
        JOHANNESBURG
        365 22 GOLD SHARES rose slightly in a cautious Johannesburg stock market yesterday as uncertain investors nervously pondered recent local and international events. News that the African National Congress (ANC) has suspended its aimed struggle after Monday's talks with the South African government was a positive factor, as was a further
        365 words
      • Article
        MILAN
        168 22 BARGAIN-HUNTING helped Italian shares recover slightly yesterday after a weak start and following Monday's steep price fall, but trading remained nervous due to the tension in the Gulf. "At the opening it looked like it was going to be worse than (Monday), but then buying interest emerged," one operator
        168 words
      • Article
        BRUSSELS
        154 22 BELGIAN SHARES showed some recovery yesterday after a slump caused by the Gulf crisis. Dealers said opening trading volume was brisk and that prices were mixed. "There's a technical correction because of the sharp falls," said one dealer. But increases had been partially offset by continued concern that oil
        154 words
      • Article
        PARIS
        215 22 FRENCH SHARES traded nervously and in a narrow range at midsession yesterday, with dealers waiting for some form of direction from New York at its opening yesterday afternoon. The CAC-40 index was quoted at 1,792.32 at 1130 GMT, 18.53 points, or 1.04 per cent, higher than on Monday night.
        215 words
      • Article
        ZURICH
        301 22 SWISS SHARES gained slightly in fairly active midsession trading yesterday on bargain hunting after Monday's slump. Dealers said Monday's panicky selling on the Mid-East crisis was overdone and investors are returning cautiously to the market. "However, it would be too early to talk of a turnaround," one dealer said.
        301 words
      • Article
        Untitled
        44 22 Vienna Aa| 6 Akg Holding 5000 unch E Allgem (Prcf) ***** -1110 Jungbunzl ***** -250 Laendertank (PreO 760 -40 Lenzing 1730 -80 Leykani 660 -30 Montana ***** -3500 Oestcrr. Brau 5800 -230 Sempent 165 -5 Steyr 208 -8 Veitschcr 1055 -115 Source: Austrian Laenderbank
        44 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback steady in thin European trade, gold prices up
      1302 23 FOREX MARKET REPORTS THE US dollar was steady in thin, uncertain trading in Europe late yesterday morning. Gold prices were up, but off their early highs as an Asian rally turned to profit-taking, dealers said. Traders said they expect the US
      1,302 words
    • Article
      INTERBANK FOREX RATES
      385 23 Cross rites Aug_ USS SS MS Dm Yen SFr AS NZS USS 1.8045 2.6990 1.5740 150.85 0.5330 1.3255 1.2674 1.6694 S| 0.5542 1.4957 0.8723 0.8360 0.2954 0.7346 0.7024 0.9252 MS 0.3705 66.86 0.5832 0.5589 0.1975 0.4911 0.4696 0.6185 Dm 0.6353 1.1464 1.7147 95.84 0.3387 0.8421 0.8052 1.0606
      385 words
    • Article
      FINANCIAL FUTURES
      1578 23 SIMEX fmhhhhuw Open High Low Sett Est Vol Op/lnt Vol Sep 90 92.14 9121 92Ti 9121 6353 ***** 4915 Dec 90 92.24 92.30 92.17 92.30 ***** ***** ***** Mar 91 92.12 92.17 92.07 92.16 6023 5835 1842 Jun 91 91.83 91.92 91.71 91.90 1685 950 295 Sep 91
      1,578 words
    • Article
      MONEY MARKET
      543 23 Interbank rates S$ Bid Offer Overnight 5 1/2 6 1-month 6 3/4 6 7/8 2-month 6 13/16 6 IS/16 3-month 6 7/8 7 Overnight mode: 6 US$ BM Offer 7 days 8 8 1/8 1 month 7 15/16 8 1/16 2 months 7 15/16 8 1/16 3 months
      543 words
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  • COMMODITIES
    • Article
      Lock icon Gold prices may have peaked, say American analysts
      447 24 Reuter GOLD prices may have peaked for the moment, barring news of a worsening situation because of Iraq's invasion last Thursday of Kuwait, US analysts and dealers said. The market is suggesting a top of about US$3B5, basis cash, said Dinsa Mehta
      Reuter  -  447 words
    • Article
      Lock icon US oil producers likely to see quick rise in profits
      270 24 Reuter BENEFITS from higher world crude oil prices should show up quickly in the profits of leading US oil producers and service companies, analysts said. 'The upstream side will certainly show substantial strength in the third quarter," said John Hilton
      Reuter  -  270 words
    • Article
      Heavy selling on LME sends tin prices lower
      825 24 REPORTS THE pricof tin on the Kuala Lumpr Tin Market (KLTM) til another eight sen to MS 6.02 per kg sparked by heay selling pressure on the Lfidon Metal Exchange. Liquidtion and slight stop-loss ailing on the LME saw three-ionth tin falling
      825 words
  • Article
    PRICES
    1302 24 Rubber Mttfrfclitdw) ScentWkt Noon Clot Int I RSS Prompt 155.00/156.00N IS4.2V155.25N lot I RSS Sep 90 155.2VI55.75 154.50/155 OON Int I RSS Oct 156.00/156.50 155.2V155.75N Int 2 RSS OP 152.00/154.00N 15I.50 153.50N Int 3 RSS OP 147.50/149.SON 147.00/I49.00N Int 4 RSS OP 143.50/145.SON 143.00/145 OON Int 5 RSS OP
    1,302 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      802 24 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Ling Ing Cheng of Blk 171 #02-407 Bedok South Road Singapore 1646, have applied (or a Retail Liquor Shop licence in respect of premises at M/s Lingco Marketing k Supplies at Blk 248, #01-134, Simei Street 3 Singapore 1852 and that this
      802 words
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      Page 24 Advertisements Column 2
      16 24 Read Char&oint, a guide o investing ii the stoek maicct. Every Satirday in Business n imes.
      16 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFTS ARRIVALS AND DEPARTURES
      964 25 Cfty nm CT* F%w ETP ItMMdH GA895 1235 MMM* QF7 2035 SQ227 2250 MaMM GA895 1235 KL814 1720 KL813 1455 SQ24 2200 M—> QF015 2230 MM TE25 1800 TE28 1920 SQ388 2025 MM* tori BI421 Tioi SQ182 0915 ■MM SQ181 1410 BJ422 1205 BJ429 2030 BJ430
      964 words
    • Article, Illustration
      Face of Motor Town, USA changing
      633 25  -  POSTCARD FROM DETROIT SjfSjrjr By Anna Teo LIKE a bent grand uncle surrounded by the neighbourhood's hip youngsters, Ford Auditorium sticks out as the old man of Detroit's splashy riverfront, huddled amid gleaming new towers. For a week, recently, the 34-year-old concert and meeting
      633 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4230 1.4530 Canadian dollar 1.5570 1.5770 NZ dollar 1.0630 1.0830 Sterling pound 3.3700 3.3900 US dollar 1.8010 1.8110 Local dollars to 100 nits of foicigB cwnncy Austrian schilling 16.00 17.00
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      136 25 Duration Title Venue Organiser Td Duration Title Venue Chyunu Td Sep 7-17 International Switzerland Schweuer Muster 61/686.20.20 Sep 25-29 International Au«ria Weinw Messen 222/*****4 Fair M interment Trade Fair for Und Congress Sep 10-16 International Spain Fotre V423.3l.0l TV. Sound and De lUrceione Techniques EkC,f0n,CS Sep 25-30
      136 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      196 25 style (4) 26 Obstruction in a Soviet (7) George before noon (7) highway can be suicidal 5 Leave school early to go 24 A weapon used by Presi(7,B) parachuting (4,3) dent Eisenhower (4) 27 Carved screen I regard as 6 In Samoa they swear by it 25 Spoil a fine
      196 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      207 25 Singapore Outlook: Showers over several areas in the afternoon. Report: Max temp.: 32.5* C Assoc humidity 67% Mintemp. 25.7 Assoc humidity 97% Hrs of sunshine 7.90 Rainfall in mm Nil Rainfall this mth 36.9 Rainy days this mth 3 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 18/12 Windy Bangkok 33/25 Showers
      207 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      29 25 f... pvimp p> suppeN fnsivujrv .to cut p\ log oJCNT Pp&T ™°UGWT STOvCX] Vourl OFF.ee THIS Vou j M=M, &M. 'TVIP.NK SQU MUCH TO 11.,, jgLOTC. *6ei coward.... l£Z
      29 words
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  • Article
    Lock icon Agency defends business practices Tokyo has pledged to change
    372 26 IHT JAPAN'S Economic Planning Agency, in an annual report on the. economy to be released yesterday, mounted a strong defence of business practices Japan is committed to changing in a recently concluded trade agreement with the US. The report by the
    IHT  -  372 words
  • Article
    Lock icon Moscow to open currency exchanges from Jan 1
    389 26 Reuter THE SOVIET UNION announced yesterday it would introduce currency exchanges from Jan 1 next year at which the ailing rouble would be bought and sold against other currencies at market rates. The announcement, carried by the official Tass news agency, said
    Reuter  -  389 words
  • Article
    Lock icon M'sia will be able to weather a US recession: banker
    255 26 Bernama THE IMPACT of a recession in the US or Japan will not affect Malaysia too badly because the country's economic growth is currently driven by domestic demand, a prominent merchant banker said yesterday. With demand generated locally, Malaysia would
    Bernama  -  255 words
  • Article, Illustration
    Lock icon Li: We'll not use overseas Chinese as leverage
    369 26 AFP CHINESE Prime Minister Li Peng yesterday assured Indonesian President Suharto that Beijing would not use Chinese living abroad to serve its interests. Mr Li told his host during a ISO-minute meeting that Beijing's policy was that overseas Chinese should become good
    AFP  -  369 words
  • Article
    Lock icon Bhutto : criticises Ishaq Khan
    221 26 Bhutto criticises Ishaq Khan Reuter SACKED Prime Minister Benazir Bhutto yesterday accused Pakistan President Ghulam Ishaq Khan of subverting democracy in the country and trying to destroy her ruling party. Accusing Mr Ishaq Khao of acting in a blatantly partir san way, Ms Bhutto said in a statement that her
    Reuter  -  221 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      94 26 JIL Baume Mercier GENEVE 1830 1 1■ 1 1J WHAT MAKES PEOPLE TAKE THEIR HATS OFF TO THIS NEWLY-OPENED RESTAURANT? (NOT OUR CHEFS.) anything short of superb. Come to paramount in restaurant But everything Lok Group's new Uncommon Unequalled ambience. Unsurpassed cuisine. unforgettable. together in a so you ambience. Dine
      94 words
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      Page 26 Advertisements Column 2
      10 26 _£fe_ Baume Mercier GENEVE 1830 More stories oa Pg 12
      10 words
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  • Shipping Times
    • Article
      Petronas unit may purchase four LNG tankers
      386 27  -  By Abdul Hadhi PETRONAS SUBSIDIARY Malaysia LNG is considering buying four liquefied natural gas (LNG) tankers to carry gas from Bintulu, Sarawak, to customers in the Far East. Sources told Shipping Times that the latest development puts in doubt earlier indications that the
      386 words
    • Article
      Lock icon France considers opening up domestic air travel
      169 27 Reuter FRENCH Transport Minister Michel Delebarre is considering opening up more domestic routes to private airlines in the face of continued strikes at its domestic carrier Air Inter. Mr Delebarre told French newspapers last week: "At a time when some question the future
      Reuter  -  169 words
    • Article
      Lock icon American Air to object to judge's decision
      219 27 NYT AMERICAN Airlines officials intend to lodge a formal objection against a decision made last week by a Department of Transportation administrative law judge that would give United Air Lines new authority to fly from Chicago to Tokyo. In a document that it
      NYT  -  219 words
    • Article
      Lock icon Australia defers telecoms, airline sale decision
      265 27 Reuter THE Australian government has deferred a decision on its plans for partial privatisation of the telecommunications and airline industries until after the Labour Party debates and votes on the issues in September. Further discussion is required and the plan will not be ready
      Reuter  -  265 words
    • Article
      Thailand and US to resume air talks on Aug 28
      273 27 THAI and US aviation officials have scheduled Aug 28 as the date to resume talks on the bilateral air service agreement in Bangkok in the hope of a breakthrough, which would help them avoid terminating the present 10-year-old accord. Earlier
      273 words
    • Article
      US charter airline scores a first
      68 27 SEVEN former scheduled airline executives have formed a new charter ailrine in the United States, which is said to be the first air carrier dedicated to the transport of cruise-ship passengers, parts, personnel and provisions. Miami Air International, which plans to launch its service
      68 words
    • Article
      Sabre to use AT&T network computers
      188 27 THE SABRE Travel Information will use AT&T network computers in Sabre travel agencies and its administrative offices in Europe, Canada, the Caribbean and the Pacific Rim. The information network, a division of American Airlines, is the marketing arm of the Sabre computerised reservation system.
      188 words
    • Article, Illustration
      Telecom upgrades links with its M'sian counterpart
      430 27  -  By Dexter Lee SINGAPORE Telecom and its Malaysian counterpart, Syarikat Telekom Malaysia (STM), have signed an agreement which will pave the way for better telecommunications links between the two countries within the next two years. The agreement, a memorandum of understanding, provides for
      430 words
    • NEWS SUMMARY
      • Article
        Japanese ships to stop calling at Iraq, Kuwait
        42 27 JAPANESE shipowners and the Ail Japan Seamen's Union have agreed that all commercial ships carrying Japanese crews will stop calling at ports in Kuwait and Iraq effective yesterday, the Shipowners Labour Relations Agency said.
        42 words
      • Article
        Challenge from non-conference lines
        36 27 NON-CONFERENCE lines have gained a sizeable market share of the Far East-Austra-lian shipping market in the last couple of years. They intend to do even better by improving their services. Page 2
        36 words
      • Article
        Atlantis completes OHM tanker
        27 27 ATLANTIS Engineering and Construction Pte, Ltd, a subsidiary of Neptune Orient Lines (NOL), has built its first vessel within 10 months. Back Page
        27 words
      • Article
        Eastern Airlines pleads not guilty
        49 27 EASTERN Airlines, a unit of Continental Airlines Holdings Inc, and eight of its high-levil managers pleaded not guilty oft Aug 6 in US District Court Brooklyn to charges that they conspired to cover up negligs)t' maintenance work on the o(M£< pany's aircraft. Back Page
        49 words
      • Article
        Lufthansa to lobby against opposition
        33 27 LUFTHANSA AG plans to lobby against the West German cartel office's opposition to its planned joint venture with East German airline Interflug, spokesman Klaus-Ul-rich Modler said. Back Page
        33 words
    • LOG BOOK
      • Article
        Mexican airline orders 22 Airbus planes
        95 28 PRIVATE Mexican airline Mexicana de Aviacion has ordered 22 Airbus A32os and taken options on 14 more, the European consortium Airbus Industrie said. Industry sources said the A32os are worth US$4O million each, with spares and training adding another 1S per cent to the
        95 words
      • Article
        Delta Air sells seven aircraft
        34 28 DELTA Air Lines Inc has agreed to sell seven DC-9-32 aircraft to Australian Aircraft Sales (NSW) Pty Ltd for undisclosed terms, with deliveries scheduled for various times in 1991.
        34 words
      • Article
        'Let there be postal competition'
        76 28 THE European Commission has given Spain two months to change its laws to allow private companies to compete with the state postal service for international express deliveries. A Commission statement said private courier companies competed successfully elsewhere in the 12-nation bloc and in other industrialised
        76 words
      • Article
        Bethlehem to sell two vessels
        85 28 BETHLEHEM Steel Corp will sell two Great Lakes ore vessels and expects a material gain from the transaction. The company said it has signed a letter of intent to sell the Lewis Wilson Foy and the Sparrows Point to Oglebay Norton Co. With the expected
        85 words
      • Article
        Laid-up tankers up in July
        91 28 WORLD oil tankers in lay-up, idle or under repair, rose to 3.06 million long dwt (26 vessels) in July from 2.99 million dwt (24) at end-June, shipbroker Howard Houlder said. Combination carriers laid up at end-July were unchanged at 295,281 long dwt (two vessels). Laid-up
        91 words
      • Article
        Scrap tanker tonnage up in July
        96 28 OIL TANKER tonnage sold for scrap in July rose to 279,842 long dwt (four vessels) from 150,371 dwt (five) in June, shipbroker Howard Houlder said. This brought total sales for the first seven months of 1990 to 497,904 dwt (15 vessels), compared with 1.4
        96 words
    • Article, Illustration
      Challenge from non-conference lines
      1057 28  -  Non-conference lines have gained a sizeable market share of the Far East-Australian shipping market and intend to do even better. Florence Chong reports from Sydney Florence Chong IN THE PAST two years, non-conference shipping lines have succeeded in carving out between 35 and 40 per cent
      1,057 words
    • Article
      TRANSPORT DIARY
      796 28 July 10-Aug 14: Forklift Electrical System course organised by Singapore Port Institute (SPI). Details and applications form, plense contact SPI at tel: *****25/*****26/*****30. Jnly 17-Oct 30: International Freight Forwarding IL, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, Tel
      796 words
    • Article
      THE SHIPPING GUIDE
      12706 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,706 words
    • Article
      DAILY FREIGHTS
      1007 43 CHARTERING on the dry cargo freight market centred mainly on Panamax size vessels on time-charter at firmer rates, while other sectors were neglected, brokers said. Freight rates are expected to rise in the short term because of the increased costs of bunker fuel prices due to the tensions
      1,007 words
    • Article
      AT CONVENTIONAL WHARVES
      493 43 VmmI Vay* M Mnl O^Mhrn Itoppai Wk HlUg 04H K33 ■wpn 08.08/1500 Eastern Gt 22E/90 K31 alongside 08.08/0730 Koto Bern E«9A K32 alongside 0708/0600 (H.X anCwno r)®"* Ttanasavaret 26WB K18 alongside 10.08/0600 93E K30 alongside 08.08/0600 Acntas JC188 K29 0708/1730 08.08/1200 Kap Smmov 16 90E C09 07.08/1600
      493 words
    • Article
      CONTAINER SCHEDULE
      1264 43 jgCEMNg Of EXPORT FCt CONTAINERS AND ICt CARGO n M i m D > A QfAtf Kecord DOini|/Danct kso 9*> Voy No Parted From To From P of ObcM Space Ag late 7A 1 07/1500 07/1659 07/1900 Aa Lotus 28 1 07/1500 07/1659 07/1900 An Adelaide ***** 3
      1,264 words
    • Article
      IN MALAYSIAN PORTS
      319 43 Pwi Khf South Perl on Aug 6: Aiam Aman berth 3; Trans Bulk berth 4; Meiana C/M. I berth 7; New Line No. I berth 7A; Dwisri berth J. BCT KCT: Thana Bhum berth 8; Bunga Angsana berth 9. North Port Sletta berth 11; Quang Bmh berth
      319 words
    • Article, Illustration
      Atlantis completes OHM tanker
      247 44  -  By Selva Kumar ATLANTIS Engineering and Construction Pte, Ltd, a'subsidiary of Neptune Orient Lines (NOL), has built its first vessel within 10 months. Atlantis was contracted by Malaysian Company, OHM Bulk Services Sdn Bhd in October 1989 to build a 4,000 dwt product tanker, based on
      247 words
    • Article
      Lock icon British Airways, Logica to set up joint venture
      186 44 Reuter BRITISH Airways pic (BA) and Logica pic have agreed to set up a joint venture to provide computer software services to the air transport industry, BA said. The new company, Speed wing Logica Ltd, will start operating on Sep 1 and
      Reuter  -  186 words
    • Article
      Eastern Airlines, eight managers plead not guilty
      139 44 EASTERN Airlines, a unit of Continental Airlines Holdings Inc, and eight of its high-level managers pleaded not guilty on Aug 6 in US District Court in Brooklyn to charges that they conspired to cover up negligent maintenance work on the company's aircraft, federal
      139 words
    • Article
      Lock icon Transinsular shares may go to Wha Kong
      233 44 AP PORTUGUESE company Coiep plans to sell its shares in profitable state shipping line Transinsular to Macaubased Wha Kong Shipping, owned by Stanley Ho, say Portuguese press reports. Colep was expected to dominate the race to snap up shares in the profitable state
      AP  -  233 words
    • Article
      Lock icon Lufthansa opposes cartel office's view on tie-up
      272 44 Reuter LUFTHANSA AG plans to lobby against the West German cartel office's opposition to its planned joint venture with East German airline Interflug, spokesman Klaus-Ul-rich Moeller said. Earlier,, an Interflug spokeswoman said transport ministries in East and West Germany, and the West German
      Reuter  -  272 words
  • Page 27 Advertisements
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      Page 28 Advertisements Column 1
      149 28 Executive Style STYLE The executives want it. It makes a statement. It sets them apart from the mainstream. It gives them that added edge in a world where impressions, like it or not, do last. You, as the purveyors of style, should know what we mean and we invite you
      149 words
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      Page 28 Advertisements Column 2
      9 28 The Weekly Freights Report was not available at press-time
      9 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1945 29 JAROINE SHIPPING AGENCIES 200 CantoraiMnt Road #12 05 Southpomt, Singapore 0201 \llVfr tm 221 ml telex no rs 24m ■Vflmva terminal/cfs tm *****1s 220 IT RAAAflfl bookings t«i *****34 235 L VjQQf J PESAKA JARDINE SNIPPING AGENCIES SON. BHD PORT KELANG TEL: *****1! TELEX NO. MA*****/MA***** "55S PENANG TEL *****4
      1,945 words
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      Page 29 Advertisements Column 2
      1237 29 MDEX TOfIDVKTKKS m Mainfreight 15 4 L •MISt 14 1-3 ABC Containeriine 13 S M'sia Shpg Corp 9 1/2 Accord Shpg 8 1-3 Mendelssohn 5 1/2 Adkris Business 16 3 Meng Homg Shpg IS 2 AJbatros Sea-Air 14 S «MOL 18 1/2 Alfred C Toepfer 15 5 MOSK (Forest) 5
      1,237 words
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      Page 29 Advertisements Column 3
      2295 29 I W via I nnJ H I I vnui Voy ETA I ETO 'Port •p%nmnQ KMng DESTINATIONS Thtt MM LouM M 9001 cioaano Tlnw F—Omr by t*/» MOO HRS M Fa>co 4 HHI CFS 13/8 2360 HRS M Tauro OAK LOB MOO MEM ATL MIA CMS BaL PML KYC MON
      2,295 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1073 30 ROTTERDAM/ VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HAMBURG EXPRESS 97/502 9/8 3/9 28/8 30/8 27/8 2/9 BENALDER 96/596 12/8 29/8 31/8 5/9 KOWLOON BAY 96/506 16/8 10/9 4/9 6/9 3/9 9/9 TOKYO BAY 99/590 18/8 5/9 7/9 10/9 OSAKA BAY 96/596 23/8 17/9 11/9
      1,073 words
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      Page 30 Advertisements Column 2
      438 30 WRffTWTH m I. ROREANA 26/8 8/9 11/9 15/9 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I. FLOREANA 26/8 29/9 30/9 3/10 At«o tccaptinf Cargo to CilLto (P«ni) vU Vilpa Agnta: fzfzfifM&fXlJ SINGAPORE: *****36 VS. JAYA: 03-*****25 BOOKINGS: *****00 PENANG:
      438 words
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      1194 30 raniMiA MMm regular MOEPENOENT full CONTAMER SERVICE W£SY66UNb P6ft EUAOpe VSL/VOY SIN ALG BCL Fa ROT ANT HAM ME LMA (VIA (VIA (VIA ALG) Mm HAM) N-AL MANSOORAH 9023-3 11/08 01/09 0309 06/08 08/09' 1109 10/08 12/08 13/09 JAPAN SEA 024-W 17« V/ 09 09/09 12/09 14/09 1709 1609 18/
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      1523 31 BSsteamers Maritime Holdings Ltd p&o Iwm p|N G I Containers M**""*" Mr Na P Klang rpm rtw Iftari rumi riaa Lak ACCEPTS out SAILS mmm oma vm *t.bnubmin am mi am am um cargo khuo *ahomii um mmm am straits hope wnu.aM.TM i*m uh "SSS* "22 22 22 22 22
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      1503 31 SP LH RDM NAM B'HVN FIX SPORE NK KAO KM MJ CHOYANC SUCCESS ItN 1M V» V* W» W NANJIN HAMBURG OUE M IUI U/l 1M 1M HANJIN HAMBURG HI W U|i UK H|l W UK MAIL)IN ROTTERDAM M UH U/l 17/S 204 21/S NANJIN ROTTERDAM MM l/l W W
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      326 31 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC ASIAN CHAMPION PIONEER STAR TRADER VOY. NO 7 114 U Sport 14/ M MM 210 P. Kalang 16/8 22/1 24/1 Penang Hon« Kong Yokohama 70 11/9 Nagoya 5/9 9/9 Osaka 7/9 Snntooku 3/9 Kashima Hochiminh *For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE
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      525 32 '—!'i IJ. BM&s &'■MR^c^p^ CD MBR **********0-D EXPtESS SEMMUMTAINEIISNIP SERVICE VSUVOY SPORE R OAMI H'BURG BREMEN ANTWERP ADAM bmtallmwtwb a-3ff n& xn« ant im FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO ftA|Kt to tataamnL ANo accafMno cargo to CmMho, *nrl Port >l—n>to.Qw. Trteto. I ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO
      525 words
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      968 32 I/uSHANJIN SHIPPING «i «P FULL CONTAINER SERVICE *ar ir'sr sss-~« rTl«1^ l i S HANJIN HAMBURG OB2W 25/1 12/9 13/9 l«fl 16/9 1//9 HANJIN ROTTERDAM OME UN H. MM 7/9 9fl HANJIN ROTTERDAM BMW 1/9 19/9 20/9 21/9 23/9 24/9 CHOYANG CHANCE 04K 284 H- BUSAN USE 14/9 11/9 CHOYANG
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      1136 32 I GREET RE-*B l/» VI 14N IV* 17* MN 22/1 24* 2M 27* 7* 11/ l 24/1 a/I 1/14 40* V* 4M Ml UII i golden k«7 iv« M* tin a* W 2M n* 2/1 1/1 14* m/i ww iwiviwiipip Cl' c glore re-on u* ww- m* a* w m
      1,136 words
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      1612 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 mv AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA CICOO c c ooi K.L.-(03) *****33,
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      Page 33 Advertisements Column 2
      1103 33 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: *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FPU WESTBOUND I Vttstu WYAg |SWt |MAWLA MHOWt WTAg IPORt WUN6 HBUOC BTIAVEN TILBURY ROTT AwlwW 9, Tovrmm
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      1508 34 \V 4\> W WmX VI AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: *****7300 MM) «> TEL: *****77 TELEX: KAWAKIRS23I6S FAX *****79 YL__i J W_\J MALAYSIA: HARPER WIRA SON BHO \V A TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. r.t. Jfeotr N. AMERICA-PACIFIC SOUTH-WEST
      1,508 words
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      689 34 PHILI-ORIENT LINES PTE LTD M I (The Complete NVOCC Package) Varr A I 14 AUG MONTREAL, OTTAWA, TORONTO, i VANCOUVER, S*WESTERN ONTARIO. Q aii/* Mi inn rNiiMJA u tfiMiiiiT f\nn A CHARLESTON, CHICAGO, VSxLT yX&im Hi hum* LONDONI THUND£R MY W,NN,PE6 BAHRAIN, ABU DHABI, REGINA, SASKATOON, SHARJAH CALGARY, EOMONTON, KELOWNA,
      689 words
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      403 34 GOLDEN LINE %V?r*i CUAN GUAN SHIPPING ISLjX\ (PTE) LTD WiiZVL -4 <n Tatak Apr SM SINGAPORE «W 1 TEL 90M (B LIWS) F«c BOW (CD Na. IBUMMBBB) BMBMMMUBMBM S'por* P Mm| Pn«| GOLDEN HAVEN Otonta/KMcMM* Mo> A* GOLDEN BEAN Cotombo/KaradM/Dubai «IA« DM TUN SMAN Xjamn/fufton V» A* OtANCMI P—r 6ataH/Maaap«
      403 words
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      1640 35 aSssA#ff PACIFIC INTERNATIONAL LINES (PTE) LTD B mK Jwp PIL Building, 140 Cecil Street #03-00, Singapore 0106. tJAKARTA I I BANGKOK I VESSEL VOY SIM JKT SIN VESSEL VOY SM BKK SIN OELTA MAS IS7S 12/• 14/8 19/1 KOTA NAQA 14N 11/S 14/1 IS/8 EOCN 9029 14/S IS/S 21/S PEGASUS
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      1042 35 C BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m iLm Fax: *****63 Singapore 0208. Telex: RS ***** wm EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY SPORE PKLANG SHAMPTON| HAMBURG BHAVEN R'DAM L'HAVRE Hamburg Express 97/592 9/8 3/9 28/8 30/8 27/8 2/9 Benaktef' 96/596 12/8 Via Las
      1,042 words
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      Page 35 Advertisements Column 3
      48 35 JORDAN FAR EAST LINE S.A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS Vessel Voy Eta Sin Hodetdah Jeddah Aoaha FORTUNE ADA JFOO6W 15/8 20/9 24/9 28/9 LOAD FM E M'SIA/INDONESIAN PORTS SUBJECT TO INDUCEMENT General Agents: BEN LINE AGENCIES (S) PTE LTD. *****22 Fax: *****63 Tlx: R*****0/
      48 words
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      320 35 M MYANMA FIVE STAR UNE (Myarimar National Line) Loading for Yangon (Rangoon) S'por* P.Kelang Pan MYOMAYWA VI29W 1/12 AUG MPA-AN VIS3W UAS AUG PATHEIN VIO4W IS/17 AUC PAGAN Vlum 21/B AUG MERGUI VIOIW SIX AUG THE BANK UNE (A **rvlc« ot Andrew W«ir Shipping) VT SEMI-CONTAINER SERVICE V\ HEAVY LIFT
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      743 38 f jIMIIKH-I INFSa^ INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG RST T MEN DA m 15/8 7/9 |/T 10/9 12/9 AMERICAN SEN Wf«34 21/8 13ft 14/9 15/9 17fl 11/1 o. crotewohi an nn nJT IvT ~a/T EUROPEAN
      743 words
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      Page 38 Advertisements Column 2
      1318 38 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 MM IMIIMMMMi MNKI TO: FAR EAST PORT KELANG 10/8 17/8 MANILA 11/8 18/8 PENANG 10/8 17/8 BUSAN 12/8 19/8 BANGKOK 14/8 19/8 TOKYO 16/8 23/8 HONG KONG 10/8 15/8 YOKOHAMA 18/8 23/8 KAOHSIUNG 12/8 19/8 KOBE 16/8 8. 23/8 KEELUNG 12/8 19/8 JAKARTA
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      239 38 LOADING FOR LOADING FOR BUENOS AIRES JKK. SPORE CM DM (AIRES MVIOfO RIO STS VET PAOM ■osmißi 1M n* 2fl Ult Itn an H» I*l W im V»- um TTnm l m Ml Ml- MAI J™,™"" 1 Mrti awvu- UAI I«u- 1w DISCHARGING FM BRAZIL ONLY SPORE MIL MR KEE
      239 words
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      1298 38 r IH i& fe CHINA OCEAN SHIPPING COMPANY ssEp 2, MNSTRI ROAD, HMC BUILDING TEL: *****00 #15-00. SINGAPORE 0207 FULL CONTAINER LINER SERVICE tele* rs tux coship CR NO: ********** M FAX: 22SIKS General Agents: CONTAM «mNO PIS LID cawcostaau* SGP FU ROT KAM ANT QKK~ VESSEL,VOT FIX ROT HAM
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      988 39 MAMIE AGENCIES (S) PTE LTD TEL: *****33 (12 Lkiee) FAX: *****10/*****03 ml TELEX: R8 ***** RIBHIP (3 Unee) PT\ ETHIOPIAN SNIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOAOtNO FOR SPORE ABSAY *OhT Sii 22/ OS OAWESSAI.AAM MOMBASA tXrtBOUTI ASSAB MASSAWA. HOOEOAM NETSANET 20WB 2VW
      988 words
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      733 39 te.PT. MASKAPAI PE LAY ARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY f IXEO DAY SCHEDULE BETWEEN THE PORTS OTTPSRE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. 1 WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: Z22Q255 VSL VOY SIN It PAJ SIN WASPADA
      733 words
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      578 39 BANGKOK CEBU/MANILA MAMA BMUM# 21N T* 1# Sw> 12# AKA BMUM MM M# UN MEKMANIK KURAKO 21N Frl 10# Maw 11# SO. ORIENT ME 17/1 23# 25# CHAIYA BjlUMg MN Sat 11# T«a M# AKA BMUM MS M/l MM 1/1 SIRI BMUM# 4MN SMB UN RM 1V» SO. ORIENT 3SR
      578 words
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      261 39 TO AUSTRALIA/NEW ZEALAND cviMUKaM M* m P» 5# 9 AimoKii 2M~ ai m li i» m Twrtxmam m vH "w» um mS tM 8/ nH w» w 55 5/5 EU u DATS TO MELBOURNE! TO USA/CAWADA c. wjwub am m* 5» 55 55 55 BBra aT Si *5 155 >55
      261 words
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      1216 40 _|MAC-NELB SINGAPORE 1 Eifwr rtL mrni iwht TEL aiww"| PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL (082) *****3 SKAN TEL: (089) *****2 J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 L-JW ''JAKARTA TEL:
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      Page 40 Advertisements Column 2
      534 40 BLUE STAR LINE SINGAPORE TO j|NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT MAHSURI 0571 10 Auf 21 Aug Via NPL 24 Aug
      534 words
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      1138 40 JSt THONG SOON LINES PTE. LTD. I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 I CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una \m leh |in una m Icti Iwt KIM SOON LI 31/90E 11 AUG
      1,138 words
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      652 41 Wa COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* A OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kalang Singapore ROSf EVERETT 11/20 Au| 21/22 Aug SHAPUk EVERETT 25/77 Aug 21/2S Aug HURRAYEVERETT U/13 Sept 14/15 Sept
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      566 41 vst Iwov Itpore Mainiiner Lax taT |sav Intc Intx I IMKOPER UE 14/1 IMUVORNO li|l M M tM ZM EIAT K B/S ZM GENOA X/l W W W W UN SINGAPORE 8 ZM GENOA Ml W M M|l LEEWARD K lH EM IBCRIA IV* IS/IR Oflt Accaptint cargo Ik latent
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      Page 41 Advertisements Column 3
      617 41 WSING KWANG HANG •MM nWWOWT»nOW (FT*) ltd WEEKLY LCL/FCL SERVICE VESSEL 3 PORE JAKARTA SURABAYA JENLINK 10/e 12 6 JENWEL 12/8 I IS/8 VESSEL SPORE BANGKOK A VESSEL I<VB 12/8 [A VESSEL, T 12~ 8 15/8 J DC3TMATIOMS ETA SMOAPORE PORT KELANG 10 AUG MANILA 11 AUG HONG KONG. ALL
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      535 41 to PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOY SIN JKT BSY POWTIAHAK* TANTO SEJATI 09 09/08 12AM PELOPOR 954 11/08 14AM TANTO SEJATI N 15AM 18AM PELOPOR 955 18/08 21AM TANTO UTAMA 95 10AM 13AM TANTO UTAMA 97 17/08 20AM TANTO UTAMA 99 24AM
      535 words
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      Page 41 Advertisements Column 5
      452 41 m FMEMT 12/8 KEELUNG/KAOHSIUN6 12/8 BANGKOK 10/8 MANILA/CEBU 11/8 JAKARTA BELAWAN/SURABAYA 10/8 PORT KELANG/PENANG/E. Malaysia 8/8 BUSAN 10/8 TOKYO/YOKO/KOBE/NGO/OSA 13/8 HONG KONG also accepting cargo to Huangpu Shenzhen Fuzhou Xiamen/Xingang/Shanghai SIN EWMK/M 11/8 LDN/FLX/LYP/SOU 11/8 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/mumania/Potond/Bulgaha/Czach. •M ■MM||| 11/8 LOS ANGELES/NEW YORK all
      452 words
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      376 42 "S" CB SHIPPING (l£sb} MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAMBI/LCL/BIKEiIKBULK SERVICE "ANKE" SERVICE SPE LAE MISIMA P.OH. T'VILLE V.1658 18-19/8 29/8 31/8 2/9 6/9 V.1758 13-14/9 25/9 28/9 1/10 4/10 NMW6S ACCEPTED FOR EAST KAUMATAN Al h«Ms art iilfi. i PLATOU PACIFIC I V I SHIPPING SERVICES IWOUUm
      376 words
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      783 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE A.N V.13-90W 17/8/90 12/9/90 2/9/90 7/9/90 MB V.13CW90 2/8/90 24/8/90 25/8/90 1/9/90 B.A V.14CW90 18/8/90 31/8/90 10/9/90 15/9/90 N.C V.14-90W 20/8/90 16/9/90 8/9/90 11/9/90 K.S V.15-90W 31/8/90 30/9/90 19/9/90 25/9/90 G.M. V.16TW90 9/9/90 1/10/90 3/10/90 8/10/90 K.V.
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      Page 42 Advertisements Column 3
      402 42 GjFOcEnnSmjCE LCL/FCL TO/FROM KL: allied-LINK SINGAPORE: /f7^\ m 04-*****2 *****8095 778 0522(22 LINES) SEE& Mii»i Ow Bmm MffCMMhw CMm* A*m VmMmt Ya» arawn fflffi FROM SOUTH EAST ASIA/ FAR EAST TO USG/BRAZIL/ARGENTINA MV NORTWEEN NOVA MV SUNDERLAN ENDEAVOUR ETA SPORE 20/8 ETA SPORE 27/8 FROM BRAZIL FROM ARGENTINA MV TBN
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      Page 42 Advertisements Column 4
      358 42 FCL/LCL SERVICES MANILA ETA VIGOUR PAOFIC IMB 1271 VIGOUR PAORC 13NB Til* JAKARTA PELOPOR ETA: 11/8 SURABAYA TANTO UTAMA (93) ETA: 10/8 BANGKOK 12/8 15/8 BUSAH 10/8 15/8 HONGKONG 10/8 14/8 DURBAN 15/8 26/8 KEELUNG 12/8 19/8 PT. LOUIS 15/8 26/8 PT. KELAN6 10/8 17/8 KOBE 13/8 20/8 PIRAEUS 15/8
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  • Page 43 Miscellaneous
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      428 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW MM IIM CM 0300 MM OSM MM I7M OM MM IMO UN 12M 13* MM ISM MM 17M MM ISM MM 2MI 22M SM JR 3.2 3.0 2.5 1.9 1.2 0.7 0.4 0.3 14 0.8 1.4 2.1 2.4 2.5 2.4 2.0
      428 words
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      431 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -f®- SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8 INDONESIA
      431 words
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      700 44 MERCHANT MARINE CO. LTD. EASTBOUNP TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SLA HKC SIN HYUNOAI COMMANDER IK U/M 16/08 04/09 07/09 09/09 01/09 HYUNOAI CHALLENGER 34W 02/07 05/07 OMtf 21/07 04/01 HYUNDAI PIONEER 34E 11/01 23/00 11/09
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      482 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) HAMBURG EXPRESS ST*" 1* j***- jTEhU o*. SfeCkM* Mta*. UM M ui ]M tHmmtmmm T«>—> KOWIOONBAY 1M 1M V» W VI 1 UK md 0«M« KUkLl!£^^| tokto bay iM In m MEDITERRANEAN (MED CLUB)* JEDDAH EQHh Stfinoort PtrMMi IcdMi Vittlln Cmqi Tnnti
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  • SINGAPORE'S SILVER
    • Article, Illustration
      BT Looks Ahead
      348 45 iing cily-statc whose \ct\ ,ur\i\.il w.t- m doubt, to today's modern and prosperous na-tion-state, is a remarkable achievement by any standard. So Singapore celebrates, and well it should. Fittingly, this is also the year leadership passes from Mr Lee Kuan Yew, architect of Singapore present, to Mr
      348 words
    • GROWTH
      • Article, Illustration
        Triangle of golden opportunity
        1609 46  -  The Johor-S'pore-Batam growth zone: Kenneth James finds out if all that glitters isn't just the sea Kenneth James The writer is BT's Economics Correspondent Lawyer-banker David G looks up pensively from his bowl of Tanglin Club mee siam'. "You know, my friends have been talking quite
        1,609 words
    • INDUSTRY
      • Article, Illustration
        Wanted: enterprise in niche areas
        1677 48  -  Ong Wee Hock believes the Republic will give specialty industries a brave new whirl Ong Wee Hock The writer is a business consultant with considerable experience in promoting investment opportunities for Singapore. A former official with the Economic Development Board, he was involved in EDB's
        1,677 words
    • ECONOMICS
      • Article, Illustration
        And the blocs come tumbling down
        1805 50/51  -  Chia Siow Yue argues for an international trade policy that's open and protectionism-free Chia Siow Yue The writer is an associate professor and acting head of the Department of Economics and Statistics, National I nivcrsity of Singapore IT CANNOT BE overemphasised that international trade
        1,805 words
    • POLITICS
      • Article, Illustration
        Changes and challenges
        1182 51  -  What political landscape will our new-generation leaders find themselves in? Martin Soong postulates Martin Soong The writer is a correspondent on BT's Politics and Economics desk THE SEARCH for an "advanced Asian democracy" will be one of the most dramatic issues of Singapore's future. The main challenge
        1,182 words
    • LABOUR
      • Article, Illustration
        Working towards higher objectives
        1935 52  -  Singapore labour has gone through much evolution in the last 25 years. Yong Pow Ang gazes at the changing face of the workforce Yong Pow Ang The writer is a BT correspondent LABOUR is one majoi factor limiting Singapore's growth, along with the scarcity of land.
        1,935 words
    • WORLD VIEW
      • Article, Illustration
        Adapting to a new global attitude
        2174 54/55  -  Asad Latif offers a fresh perspective of the world, from an Asian standpoint Asad Latif The writer. BT's Foreign Editor, read International Relations for a Master's degree at Cambridge I niversitv IN EXAMINING the changing world which Singaporeans live in. it might be a
        2,174 words
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      161 46 'dKmtirW «k W|#^(k^ K If ft ?SB Mm. The United Overseas Bank (UOB) Group has been helping And so it is with great pride that the United Overseas Bank Singaporeans fulfill their dreams for the past 55 years. Their dreams (UOB) Group and the Singapore Science Centre have brought to
      161 words
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      88 47 I I 1/^^■■^^^^■l99 Br Mm I I K IP J isir BI 1 I gfc» JBKf fl f iifl HH^BLjLI f I They Provide Hope For The Future. We Merely Provide The Hardware, (And from what we see today, it appears to be in good hands.) FP^HMI EPSON SINGAPORE PTE
      88 words
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      70 48 2) <ONfPfOPli ONI NATION OAff SINGAPORE Hon, W** "ears! 25th Anniversary I 4 ta iL HONG LEONG GROUP %m» JL (0 RHEEM (FAR EAST) HONG LEONG INVESTMENT SINGAPORE FINANCE CITY DEVELOPMENTS HONG LEONG INDUSTRIES PTE LIMITED HOLOINGS PTE LIMITED LIMITED LIMITED MANUFACTURING LIMITED 1946 1948 1961 1963 1963 KING'S 0
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      98 51 r \1 II V JlfiW i i IBHHHi MOK WENG LEONG DAVID NEUBRONNER QUEK Al LING SAM OW JACKIE UM ANGELINE TOH ANGELA MAX MAOEL DESOUZA AtMtant Managar Aauttant Managv Snr Martwtng Executive Marketing Exacutivt Marketing Exacutiv* MarVatmg Executive Marketing Executive Ml kalin| EnaCiXlv* i CECIUA VEOH Assistant Manager Marketing
      98 words
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      279 52 Sor Marketing Executive Sor Marketing Executive Snr Marketing Executive Marketing Executive Marketing Executive Associate Director Senior Manager Senior Manager JASMINE CHUA Snr Marketing Executive Snr Marketing Executive jjjl GEORGE UM Assistant Manager Executive Assistant Manager Marketing Executive bsISI m CHENG Slow VING PAUUNE TAN Mdndgl Marketing Executive Associate Director Manager
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      55 53 We're proud to have shared in Singapore's progress throughout the yeans following our inception. And come what may, we plan to be with her every step of the way as she advances even further into the future. >—, JISS' 1859 A.D, 1990 A.D. 2015 A.D. COUNT ON US TO BE
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      107 56 BKj*'-/^Vf *"H* ZW' tC maPfZ v :■>: w* frz^i/fm?r--', •?*>**<'*'Tjt<|^^\ ,^TßßHßß^BHßfe' »«i> •'v. IT'WTHI wrcVfriir irlili n 1 i < .9^' y,:»*-*»~.- .y» .i:*«£&».& When we began operations in Singapore principles we practised in 1958: Experience, over thirty years ago, we believed in the future, trust and confidence. Today, we
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