The Business Times, 13 August 1990

Microfilm: NL17094
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Monday August 13 1990 75*
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  • NEWS SUMMARY
    • Article
      Call to close bankrupt E German companies
      75 1 WEST GERMAN economics minister Helmut Haussmann said East German firms with no hope of survival should be closed down next month. "Bankrupt companies must close down by September so that capital and people are freed," Mr Haussmann told the first pan-German party congress
      75 words
    • Article
      More office space
      34 1 CONSTRUCTION activities in the bustling Orchard Road/Scotts Road area are expected to add at least another 78,000 sq m of office space to Singapore's premier hotel and retail belt Page 2
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    • Article
      Minerals potential
      25 1 THE NATIONS of Indochina have a large potential for exploiting minerals and energy reserves in coming decades, according to a study Page 7
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    • Article
      Chinese aerospace
      20 1 CHINA'S fledgling aerospace industry is set to compete on the international market in the next decade Page 7
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    • Article
      US economy
      20 1 NEGATIVE factors seem to have converged in an extraordinary and ominous fashion on the US economy Page 8
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    • Article
      Bonn accused
      31 1 A SENIOR East German official on Thursday accused West Germany of running down the East German economy in order to take over its companies on the cheap Page 9
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    • Article
      Er Yenn Chwen
      24 1 INTERVIEW with violinist and aspiring young composer Er Yenn Chwen, who is the soloist in this week's SSO concerts Page 15
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    • Article
      Bengal Tiger Lines
      34 1 HAMBURG-BASED common feeder operator Bengal Tiger Lines is likely to withdraw a winding-up petition it took out on local shipping agent Baltic Orient Shipping four months ago. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Keppel in Europe
      29 1 KEPPEL Corporation is opening an office in Europe to seize the opportunities now being presented by the restructuring of both Eastern and Western Europe Page 3
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    • Article
      Pernas profit forecast
      46 1 PERNAS International Hotels Properties Bhd, which is making a public issue of 15.8 million shares at M 51.30 per share, has forecast a profit of M 515.4 million for the year ending December 31, 1990, against M 510.9 million last year Page 3
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    • Article
      Bakrie diversifies
      33 1 PT BAKRIE Brothers (B&B) has embarked on a US$5OO million diversification programme which is expected to catapult the family-owned conglomerate into the forefront of Indonesia's rapidly changing business environment Page 4
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    • Article
      After the battle
      39 1 A BITTER battle for supplies between two commodity trading giants seems to be over, but France's Sucres et Denrees is drawing little comfort from the anticipated demise of Philipp Brothers' soft commodity trading operations Page 5
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    • Article
      Company ATM card
      20 1 DBS BANK introduces an ATM card for companies, the first local bank to do so Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Friday Change BT-MGA 707.94 -9.80 Kuala Lumpur ....563.76 +3.04 Hongkong 3,078.97 -12.15 Tokyo 27,329.55 -286.18 Sydney 1,568.8 +3.9 Friday Change New York 2,716.58 -42.33 London 2,233.80 -11.10
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.8030 Yen SSI.2020 MS SS0.6675 Money market rates Overnight 5 3/4% +5 1/4 3-month 6 5/8% -1/8
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    • Article
      COMMODITIES
      36 1 London Gold PM fix US$389.35 US$5.75 Rubber S'pore Sep 156.75'/kg +1.25 M'sia Sep M234.50Vkg 1.00 KL Tin Turnover 40 tonnes -15 Spot M$ 15.94/kg unch Crude palm oil Turnover 972 lots +62 Aug M$678/tonne +5
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  • Article
    French insurer AGF secures base in Singapore
    445 1  -  By William Chia LEADING FRENCH insurer AGF International, which caused a stir in the Singapore insurance community when it told Prime Minister Lee Kuan Yew in Paris in May that it was not allowed to buy into a local insurance firm, has finally
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  • Article
    SES approves Singland issues on revised terms
    424 1  -  By Conrad Raj AFTER a wait of more than two months, the Stock Exchange of Singapore has given in-principle approval to Singapore Land's proposed bonus and warrants issues but on revised terms. Singland will now issue one bonus share for each existing ordinary
    424 words
  • Article, Illustration
    Lock icon Saddam Hussein prepares Iraqis for war
    377 1 Arab force and warships head for Gulf Agencies. WITH Arab and Western troops massing against him, Iraqi President Saddam Hussein has called on his countrymen to observe austerity and warned that America and Israel would dominate Arabs if he were to lose. Saddam made
    Agencies.  -  377 words
  • Article
    DBS profit rises 15.6pc to $130m at half-time
    661 1  -  By Alvin Tay A BIG JUMP in general provisions and narrower interest margins have restricted DBS Bank's after-tax group profit to $130.4 million for the six months to June 30, an increase of 15.6 per cent over the same period in 1989.
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  • Article
    Lock icon Gulf crisis may halve US growth
    214 1 Reuter US TREASURY Secretary Nicholas Brady said the Gulf crisis could halve the US economy's growth rate to near zero, but cautioned against predicting a recession. He said in an interview published yesterday in the Washington Post that the crisis could bring the growth
    Reuter  -  214 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      320 1 Wj Optical House Contact Lens Clinic I 1 Plaza Singapura *****68 1V», *****05 Scotts *****22/3 iMIKi Liang Court *****12 Marina Square *****88 403 branches worldwide PAHANG AND TERENGGANU 10 KEEPING CUSTOMERS SATISFIED 12 RESHAPING STAFF COMMITMENT 12 Aircraft Schedule 25 Money Changer Rates 25 World News 1,9 Commodities 24 Money
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      Page 1 Advertisements Column 2
      4 1 More stories, Pg 8
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      163 1 I HOMF. FURNISHINGS I The look of success, #03/319-323 Marina Square, 6 Raffles Boulevard, Singapore 0103 Tel: 338 8661 JAL knows how important a Economically designed to relaxing flight is if you want to cradle you in comfort, each seat arrive feeling fresh and invigorated. features a deep wing back,
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Smaller bonuses if Gulf crisis continues
        172 2 SMALLER bonuses may be paid this year if the Gulf crisis caused by Iraq's invasion of Kuwait is prolonged, said Trade and Industry Minister Brigadier-General (Res) Lee Hsien Loong on Saturday. The disruption of oil supply had led to worldwide oil price rises, resulting
        172 words
      • Article
        Defence of utmost importance
        93 2 FOR Singapore to continue to "stand tall" and protect its sovereignty, it must be able to defend itself and stand on its own feet, said the Senior Minister of State for National Development and Home Affairs, Dr Lee Boon Yang, yesterday. Speaking at the Singapore Organisation
        93 words
      • Article
        Tamper-proof ICs
        79 2 A $t3.7 MILLION computerised system will soon be used by the. National Registration Department (NRD) to produce tamper-proof indentity cards. The conversion to the new system will begin next year, and by 1995, all Singaporeans will be issued with the new credit-card size ICs, which will feature laser-engraved
        79 words
      • Article
        Vital middle group
        68 2 GRADUATES from the Singapore Polytechnic and Ngee Ann Polytechnic, accounting for 6 per cent of the national workforce of 1.3 million, form a vital "middle group" of the economy which is lacking in many other developing countries. Their contribution as technologists, supervisors, managers and entrepreneurs far exceed
        68 words
      • Article
        Friend of the zoo
        64 2 SINGAPORE Press Holdings has, under the Zoo's Special Loan Scheme, adopted the Colobus Monkeys of Africa for a sum of $75,000 annually for a period of 10 years. The sum is the highest the zoo has received and, in appreciation, the enclosure will be named "Singapore
        64 words
      • Article
        Muslim food exhibition
        30 2 A TWO-DAY international Muslim food conference entitled "Business Opportunities in the Halal Food Market" will be held from Aug 15 and 16 at the World Trade Centre.
        30 words
    • Article, Illustration
      Orchard Rd area to have 78,000 sq m more office space
      530 2  -  By Lilian Ang CONSTRUCTION activities in the bustling Orchard Road/Scotts Road area are expected to add at least a further 78,000 sq m of office space to what is now Singapore's premier hotel and retail belt. New buildings and
      530 words
    • Article
      Expatriate cost of living rises 11.1pc
      285 2 EXPATRIATES living in Singapore saw their cost of living rise by I 1.1 per cent between April 1989 and April this year, according to the latest study by the Singapore International Chambers of Commerce (SICC). This figure is far higher than the Singapore Consumer
      285 words
    • Article
      Asean draws up products list to help fight trade curbs
      389 2  -  By Schutz Lee A LIST of agricultural products has been drawn up to allow Asean to take a common stand against trade restrictions placed on these products by other protectionseeking countries. This was one of the issues concluded at the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      362 2 at last A PORTABLE FAX THAT WORKS IN CARS.IBKES BUSMSS TRIPS AHP TEAMS UP WITH YOUR PC i9^v w j/ y y y JLZa^p Validian PFIOI is a product V!ated d,3!lmc] 10 ,oca of Pioneer, Japan. It packs t j ons W j a max length of unique features and
      362 words
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      Page 2 Advertisements Column 2
      50 2 CHARTPOINT Every Saturday in Business Times I i f For more details, call us at 222-0998 or visit the most beautiful AppleCentre at 78 Shenton Way #02-01 Singapore 0207 before 15 September 1990. An exclusive offer from: AppleCentre 1 at 78 Shenton Way "The most beautiful AppleCentre in the uvrld
      50 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Keppel sets up European unit to tap opportunities
      491 3  -  By Conrad Raj KEPPEL CORPORATION, one of Singapore's largest conglomerates, is setting up an office in Europe to seize the opportunities now being presented by the restructuring of both Eastern and Western Europe. This was disclosed by Keppel chairman Sim Kee Boon
      491 words
    • Article
      Genting announces better profit, special dividend, share split
      401 3 GENTING BHD, which is celebrating its 25th anniversary of the founding of the Genting Highlands resorts, has announced sharply higher interim profit, a special interim gross dividend of Msl per share and a stock split. Its listed plantation arm, Asiatic Development Bhd,
      401 words
    • Article, Illustration
      Countdown to Thai embassy tender begins
      562 3  -  MARKET TALK By Lilian Ang IN JUST under a month, a group of about 10 bigwig developers will once again be submitting tenders for the Thai Embassy redevelopment project. Streaks of the same keen interest which marked the first attempts by private developers over
      562 words
    • Article
      Lock icon Golden Hope ties up with Monsanto
      256 3 Bernama GOLDEN HOPE Plantations Bhd and Monsanto Co of the US have signed an agreement in principle to form a jointventure companv to manufacture natural rubber thermoplastic elastomers in Malaysia. Golden Hope said the partnership would be based on the utilisation of Monsanto's patented
      Bernama  -  256 words
    • Article, Illustration
      Lock icon Pernas International forecasts M$15m profit
      333 3 Bernama. PERNAS International Hotels Properties Bhd, which is making a public issue of 15.8 million shares at M 51.30 per share, has forecast a profit of M 515.4 million for the year ending Dec 31, 1990 against M 510.9 million last year. According to its
      Bernama.  -  333 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      64 3 The Richness Of Leather Handmade To Perfection jjj r t J y®i> v TT^' V* r >. >0T j/gtmr jk p^ Ink ITO ywL v* r^lif^PPrr"' r 1 u MORESCZHI made in Italy Sole Agent Shriro (Singapore) Pte Ltd. Authorised Dealers Daimaru Singapore Euro Shoe Shop and Branches Meiwam Branches
      64 words
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  • REGIONAL COMPANY NEWS
    • Article, Illustration
      Bakrie plans massive diversification
      682 4  -  From Ranjit Gill in JAKARTA PT BAKRIE Brothers (B B), historically synonymous with the manufacture of industrial pipes in Indonesia for 40 years, has embarked on a massive diversification programme which is expected to catapult the fam-ily-owned conglomerate into the forefront of Indonesia's rapidly changing business
      682 words
    • Article
      Lock icon Newspaper family to lose control of empire
      302 4 AFP THE FAIRFAX family is likely to lose its historic control of John Fairfax Group Pty Ltd newspaper empire within three months. Chairman Bryan Kelman made the prediction in The Sydney Morning Herald following the resignation last Thursday of Chief Executive Peter King
      AFP  -  302 words
    • Article
      Lock icon TV network plans A$106m rights issue
      229 4 Reuter NINE Network Australia Ltd, formerly Bond Media Ltd, is planning a one-for-one rights issue to raise A$ 105.8 million to reduce debt. The issue, at 40 cents a share, forms part of a capital restructuring of Nine. The restructuring has also seen control
      Reuter  -  229 words
    • COMPANY BRIEFS
      • Article
        KL signs M$140m rail contract
        101 4 A Msl4o MILLION contract for the construction of a second rail track between Rawang and Seremban near Kuala Lumpur was signed on Friday by government-owned Malayan Railway and an Indian railroad company. Due for completion in February 1993, the new 98-km track will be laid
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      • Article
        EIE buys stake in Air Pacific
        90 4 JAPAN'S Electronic and Industrial Enterprises Corp (EIE) on Friday bought a 7.5 per cent stake from the government in Fiji's national carrier, Air Pacific, a tourism ministry official said. The spokesman said EIE won the parcel for an undisclosed sum in recognition of its
        90 words
      • Article
        Marubeni buys plastics firm
        100 4 JAPANESE trading house Marubeni Corp said it had acquired Birkbys Plastics Ltd of the UK from General Electric Co pic and Siemens AG for an undisclosed amount. Marubeni said it intends to sell a minority stake in Birbys to another Japanese group Sanko Gosei Ltd. Marubeni
        100 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      458 4 PEOPLE ONE NATION ONE SINGAPORE Doldline. O ne y ear °id and what So the first anniversary of Wearnes Boldline computers would coincide with Singapore's twenty-fifth? Cl V M) C For it is a great source of pride to us, a Singaporebased multinational, to be called 'one of the few
      458 words
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Joint securities house opens in Madrid
        65 5 STOCKBROKERS James Capel and Midland Montagu have opened a joint securities house in Madrid. James Capel is wholly-owned by Hongkong and Shanghai Banking Corp Ltd and Midland Montagu is the investment arm of Midland Bank pic. Hongkong Bank owns 14.9 per cent of UK-based
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      • Article
        Draft privatisation law gets OK
        62 5 GUINEA-BISSAU's cabinet has approved a draft law outlining the privatisation of state companies. The draft, which must be approved by the Popular National Assembly, guarantees private initiatives "as a fundamental instrument in the country's development". Various public services such as water treatment, transport, electricity distribution,
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      • Article
        Child World, Toy Plus merger
        67 5 CHILD WORLD Inc said its directors approved a merger with Toys Plus Inc, under which Toys Plus will acquire Child World's two million outstanding public shares at US$l4 each. Toys Plus was created by Trefoil Capital Investors LP. Child World said completion of the merger
        67 words
      • Article
        Sara Lee net profit up 16.9pc
        72 5 SARA LEE/DE NV, a fully-owned Dutch subsidiary of US foods group Sara Lee Corp, said its net profit for the 1989/90 financial year rose 16.9 per cent to 386.1 million guilders from 330.2 million. Sara Lee/DE said it had an operating profit of 625.5
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      • Article
        Allied-Lyons buys Cellars
        71 5 ALLIED-LYONS pic said it had bought the remaining 50 per cent stake in European Cellars (Holdings) Ltd held by Whitbread and Co pic. Cellars was formed by Allied and Whitbread in 1986 through the merger of Grants of St James's and J R Phillips and has been
        71 words
      • Article
        Mack Trucks gets extension
        168 5 MACK TRUCKS Inc said it received an extension until Dec 31, 1990, of Mack Financial Corp revolving credit agreement that matured on August 8. The agreement will mature five business days after the expiration or withdrawal of the tender offer by ITM Acquisition Corp, an indirect
        168 words
    • Article
      Lock icon Unilever posts 5pc rise in second quarter profits
      248 5 Reuter ANGLO-DUTCH food to consumer products group Unilever pic NV, which posted a 5 per cent increase in second quarter pre-tax profits to £477 million, has sounded a note of caution about second half prospects. "Following the progress of the first half
      Reuter  -  248 words
    • Article
      Lock icon Plan for £100m soft drink plant
      144 5 FT COCA-COLA and Cadbury Schweppes are to build a £100 million soft drinks factory in southern England. Possible sites are being considered at Northampton and Banbury. The factory, which is expected to come into operation in April 1992, will have an initial production capacity
      FT  -  144 words
    • Article
      Lock icon Nestle reports stagnating first half sales
      220 5 Reuter NESTLE SA, the world's largest food company, has blamed a strong Swiss franc and depressed coffee prices for stagnating sales in the first half of the year. Consolidated group turnover was barely changed at 22.7 billion Swiss francs in the first six months,
      Reuter  -  220 words
    • Article
      Lock icon Fall of commodity giant a mixed blessing
      623 5 Reuter A BITTER BATTLE for supplies between two commodity trading giants seems to be over, but France's Sucres et Denrees is drawing little comfort from the anticipated demise of Philipp Brothers' soft commodity trading operations. The cocoa market in particular would see the
      Reuter  -  623 words
    • Article
      Lock icon Real estate firm paying| creditors
      227 5 Reuter SOUTHMARK Corp 3ns emerged from l bankruptcy proceedings aCit began distributions to ciditors and shareholders unoer its previously announced reorganisation plan. The company said it also named Glen Adams chairman, president and chief executive officer of the teal estate and financial services company. Under
      Reuter  -  227 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      267 5 a SHOCK ABSORBER. Haw you «vw doubted tho occurocy of a repair shop's diagnosis? Quostionod tho existence of a mechanic's motor skills? Or been saddled with a repair bill clearly treble the original estimate? Hasn't every motorist? Imagine then how refreshing It would be to bring your motor to a
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        NYSE implements new index arbitrage rule
        88 6 THE New York Stock Exchange said a rule restricting index arbitration when the Dow Jones Industrial Average falls more than 50 points from the previous day's close went into effect. The rule permits index arbitrage selling of any component of the Standard and Poor's
        88 words
      • Article
        Exchange to study trust market
        55 6 THE Osaka Stock Exchange plans to look at establishing a market for selected investment trust funds during the initial period of their terms when they may not be liquidated by investors. Investors may not liquidate trust funds during the initial two or three years of
        55 words
      • Article
        ANZ signs loan for India
        63 6 ANZ Grindlays Bank signed a US$lOO million loan to the Industrial Credit and Investment Corp of India (ICICI), the bank's New Delhi said in a statement. ANZ Grindlays said the loan to ICICI was in two tranches of US$5O million each. One of the tranches
        63 words
      • Article
        Bank Leu seeks to delist shares
        66 6 BANK Leu AG has formally applied for its shares to be delisted, the Zurich Stock Exchange said, adding that it would consider the application. The expected move follows Leu's recent takeover by CS Holding, which has grouped the bank and two other CS Holding
        66 words
    • Article
      Lock icon ANZ expects lower profit in second half
      250 6 Reuter AUSTRALIA and New Zealand Banking Group Ltd (ANZ) is expecting a lower profit in the second half of the financial year to Sep 30. "There has been a further deterioration in recent weeks in the small and medium-size business sectors in the
      Reuter  -  250 words
    • Article
      Lock icon Tokyo stock market fall threatens capital ratios
      509 6 Reuter THE plunge in the Tokyo stock market triggered by the Middle East crisis threatens to prevent Japanese banks from meeting international capital adequacy targets. Financial analysts say that unless the banks can restrict asset growth and boost profitability, they could well fail
      Reuter  -  509 words
    • Article
      Lock icon Fed moves to recover US$40.9m from failed S&L
      283 6 AP FEDERAL regulators moved last week to get US$4O.9 million in restitution from Charles H Keating Jr and five other officers of a Phoenix holding company that owned the failed Lincoln Savings and Loan Association. The US government is expecting to use
      AP  -  283 words
    • Article
      DBS Bank starts ATM card for companies
      167 6 AS PART of its business package, DBS Bank has introduced the ATM card for companies, the first local bank to do so. Called the DBS Corporate Bank Card, it will work just like a personal ATM card, allowing companies to deposit cheques and
      167 words
    • Article, Illustration
      Lock icon South Africa launches formal futures market
      417 6 Reuter THE new futures floor in the Johannesburg Stock Exchange (JSE) annex had an inauspicious start. When it opened last month, two dealers fell through it. But the engineers were brought in and it held on Friday for the official launch and licensing of
      Reuter  -  417 words
    • Article
      Lock icon Big four UK banks show buoyant forex revenues
      385 6 Reuter THE pattern of disappointing first half results from the four main UK banks is not reflected in foreign exchange trading revenues which generally show a better performance against first half 1989, the banks' results showed. The biggest gainer was Midland Bank
      Reuter  -  385 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      423 6 j(W CRANFIELD MBA Candktaea are invited to ipply for the Cranfield MBA piogiamme commencing January 1991 in The programme uses a variety of latest learning methods, including distance learning r tacfaaqpes. g Students who successfully complete the 2-year programme will be awarded the internationally renowned Cranfield MBA degree. This degree
      423 words
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      Page 6 Advertisements Column 2
      52 6 C.O.E. to R5 Rl9 R2l R25 EX«g« AUTO SERVICES PTE LTD ///A IHtjIMH 24 LENG KEE ROAD SINGAPORE 0315 TEL *****11 BULD 'Except RS Campus, Chamade GTS, Chamade (Auto), A ikh R2l GTS and Espace TXE which are at old C.O.E. rates. <. A Offer ends Aug 31 1990. While
      52 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Good prospects for minerals and energy development in Indochina
      417 7 AP DESPITE political instability and weak economic infrastructures, the nations of Indochina have a large potential for exploiting minerals and energy reserves in coming decades, according to an American study. The study by the EastWest Center in Hawaii said prospects for
      AP  -  417 words
    • Article
      Lock icon Trade to spearhead new Sino-Indonesian ties
      406 7 AFP TRADE is expected to spearhead renewed cooperation between Indonesia and China following the normalisation of long frozen ties last week, officials and analysts in Jakarta say. The potential benefits of economic cooperation have until now been largely overshadowed by the expected political gains
      AFP  -  406 words
    • Article
      Lock icon China seeks global role for its aerospace industry
      292 7 AFP CHINA'S fledgling aerospace industry is set to compete on the international market in the next decade, aerospace industry minister Lin Zeng Tang said. The official China Daily quoted the minister as telling a recent Shanghai conference that China's Long March 2-E
      AFP  -  292 words
    • Article
      Lock icon Aquino rules out wage hikes despite fears of inflation
      274 7 AFP PHILIPPINE President Corazon Aquino has ruled out new wage hikes despite fears of increased inflation due to the rising international price of oil, her press undersecretary said. Mrs Aquino made the announcement in a dialogue with soldiers at the central
      AFP  -  274 words
    • NOTE BOOK
      • Article
        Foreign aid down by 60pc, says Vietnam
        86 7 AID TO VIETNAM from foreign countries, particularly the socialist world, has decreased 60 per cent in the first half of the year compared to the same period last year. Vo Van Kid, Vietnam's Deputy Prime Minister, also revealed that a fraud involving "hundreds
        86 words
      • Article
        Commercial TV for Indonesia
        104 7 INDONESIA has decided to allow local investors to set up commercial television stations in all 27 provincial cities, the official Antara news agency reported on Saturday. Only one commercial station will be allowed per city and the broadcast range would be limited to the city and
        104 words
      • Article
        Shenzhen project affected
        80 7 CONSTRUCTION of an airport in China's special economic zone of Shenzhen is likely to be delayed as some of its funds are provided by Kuwait, a newspaper reported in Hongkong on Thursday. Authorities in Shenzhen, which borders Hongkong's New Territories, are looking at ways to get the
        80 words
      • Article
        Toyota warns of layoffs
        77 7 CAR INDUSTRY workers might lose their jobs unless the Australian government stimulates consumer spending in its August 21 budget, Toyota Australia President Robert Johnston said yesterday. Mr Johnston said during a television interview that the car industry faced difficult times due to the government's high interest
        77 words
      • Article
        Spanish loan for China
        72 7 CHINA has received a government loan from Spain to modernise a Shanghai cement plant, the pro-Beijing Ta Kung Pao newspaper reported in Hongkong on Friday. A Spanish Embassy source in Beijing said the US$l5 million loan was to be drawn from a US$25O million credit line
        72 words
      • Article
        More living space
        58 7 THANKS to a building drive, China's city dwellers last year were able to stretch out in an average living space of 6.5 square metres per person, an official report said on Saturday. The figure was a sharp increase over the 3.6 square metres of space accorded each
        58 words
  • Page 7 Advertisements
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      32 7 INDULGE IN INDOCAFE _wJH^^H The INDOCAFt taste comes C- ~f from selected 100% coffee beans fM harvested from the world-famous Mandheling mountain region. t r f H Y or H i K
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  • THE WORLD 1
    • Article, Illustration
      Lock icon US in stronger position to weather crises
      985 8 The impact of Iraq's invasion of Kuwait NYT THE United States, it seems fair to say, has never been in quite the same kind of economic bind that it is in now. With the winds of desert war threatening, with powerfill forces of
      NYT  -  985 words
    • Article
      Lock icon Hopes of Iraqi debt payments fade
      384 8 NYT WESTERN banks' hope of receiving any payment on Iraq's US$35 billion foreign debt is running out. As Iraq's oil revenues run dry and the world tightens its economic blockade on the country, servicing the foreign debt is not likely to be a high
      NYT  -  384 words
    • Article
      Lock icon Saudi oil wealth vital to American interests
      383 8 AP THE vital interest America sees in Saudi Arabia is no mystery: it's the oil. The desert kingdom sits on a sea of crude whose flow is crucial for running the engines of the modern global economy. Saudi Arabia is the world's biggest
      AP  -  383 words
    • Article
      Thai market takes a knock
      221 8 NOWHERE in the financial world was the invasion of Kuwait felt harder than in Thailand. Like Japan, Thailand imports its oil, and suffered from the massive hikes seen over the past 10 days. But the Bangkok exchange does not have the size and solidity of
      221 words
    • Article
      Lock icon US debate over arms budget changes shape
      417 8 NYT IHT THE commitment of American forces to the Arabian Peninsula is altering the debate over the military budget, promising to slow the momentum for deep spending cuts and to hasten a shift in military planning from superpower standoffs to regional conflicts. Already,
      NYT; IHT  -  417 words
    • Article
      Lock icon Bonn accused of running down E German economy
      697 9 FT, AP A SENIOR East German official has accused West Germany of running down the East German economy in order to take over its companies on the cheap. Mr Dieter Rudorf, state secretary in the Social Democratic (SPD)-controlled finance ministry, said Bonn
      FT,; AP  -  697 words
    • Article
      Lock icon Soviet scientists having hard time in US
      302 9 NYT WHILE American universities and corporations are worried about a future shortfall of research scientists and engineers, thousands of recent Soviet emigres, trained in the sciences have found it impossible to find work in their fields. So they are keeping books, driving taxis
      NYT  -  302 words
    • WORLD WATCH
      • Article
        Italian industrial output down
        123 9 ITALIAN INDUSTRIAL production in June recorded its worst figures this year, dropping 3.6 per cent compared with June 1989, official figures released on Saturday showed. The April and May indexes had already indicated a clear slowing in growth to one per cent and 0.7 per cent
        123 words
      • Article
        UK to relax rules
        101 9 BRITAIN is to relax rules affecting exports to Eastern Europe for the second time in a matter of months, the Department of Trade and Industry announced on Friday. The move which comes into effect Saturday will "cut considerably" the requirement for licences to export computers, telecommunications
        101 words
      • Article
        Rio to host UN conference
        81 9 THE BRAZILIAN city of Rio de Janeiro will host a huge United Nations environment conference in June 1992 expected to attract 20,000 delegates. President Fernando CoUor de Mello officially announced the venue for the conference on Saturday at a ceremony in Rio's Tijuca national park.
        81 words
    • Article
      Lock icon Seoul to send three technical survey teams to Moscow
      242 9 AP SOUTH KOREA will send three technical survey teams to the Soviet Union next week to evaluate joint venture development projects proposed by Moscow, government officials said on Saturday. The survey teams, made up of government officials and engineers from state-run
      AP  -  242 words
    • Article
      Lock icon Brazil gets firm warning from creditors
      235 9 FT BRAZIL'S leading foreign creditors are warning that if the country continues refusing to pay interest on its debt, it will be ostracised by the international financial community. Since July last year Brazil has paid no interest on its debt, the largest in the
      FT  -  235 words
    • Article
      Lock icon Aids warning for South Africa
      189 9 Reuter AIDS will begin to shred the fabric of South Africa's economy within a decade, according to predictions by three major financial institutions. Two banks, Nedcor and Volkskas Group, as well as the Old Mutual assurance company warned separately this month of a looming catastrophe
      Reuter  -  189 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      695 8 I 0 DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated in the Republic of Singapore) To: All Shareholders The Board of Directors of The Development Bank of Singapore Ltd wishes to make the following announcement: 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1990 DBS BANK DBS GROUP
      695 words
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  • ANALYSIS
    • Article, Illustration
      Pahang, Terengganu eyeing investors from the 'Tigers'
      933 10  -  Shoeb KagHa, who travelled with the SMA team to these states recently, reports on their potentials Shoeb Kagda, LONG regarded as second cousins to the more developed west coast states, the resource rich states of Terengganu and Pahang are beginning to stir from
      933 words
    • Article, Illustration
      Lock icon The Cat is out of the bag: Case for more disclosure?
      1272 10 Caterpillar Inc's delayed disclosure starts a controversy NYT A BITTER and intensifying quarrel between Caterpillar Inc and Wall Street analysts over the company's delayed disclosure of information that proved damaging to its stock price raises several important questions for
      NYT  -  1,272 words
    • Article
      What to look out for when investing in China
      661 10 The greatest RISK facing investors in China or those who plan to do so is that civil liberties, the rights of an individual, cannot be taken for granted. According to Clause 23 of the Foreigners' Embarkation and Disembarkation Administrative Act, the
      661 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      117 10 SMT COUPIL V Voted best buy in "Which Computer Magazine", in U.K. July 1990. Awarded best design at CEBIT Hanover 1989. The new French I**7 1 Goupil Golf B m has all the makings K a modern day GOUPIL. 9°f HP Fina fin y Aaihhtet Goupil Golf 286 554.950 T
      117 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      130 11 Our Vision Of The Future Of Computing Begins With A BridgeToThe Past Open, Cooperative Computing is NCR's be successful if it doesn't allow you to walking away from your existing investstrategy to help you prepare for the decade build on the investments you've made in ment in systems, applications, and
      130 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      Customer satisfaction as the number one priority
      764 12  -  In his concluding article on customer service, David Gabriel talks about the process of managing the system David Gabriel COMPANIES renowned for their customer service are crystal clear about one vital thing: they know exactly what their customers expect of them. They understand
      764 words
    • Article
      Building a firm foundation for growth
      463 12  -  SPOTLIGHT ON MANAGEMENT By Ting Puong Huat Ting Puong Huat is a manager at Ernst A Young Consultant TOO MUCH too soon can sometimes spell disaster for a firm. The same drive for growth that makes the firm a success in the first place
      463 words
    • Article
      Reshaping staff commitment
      806 12  -  Chuang Peck Ming reports on strategies to keep companies on the right track Chuang Peck Ming Losing control of your company? You're on the wrong track if you think it's because of the demands of an increasingly complex environment, or that you don't have the right strategies
      806 words
    • Article
      MEMOPAD
      314 12 Seminars and courses Duration Title Venue Orpuuser Tel Aug 13 Telephone Hilton Intl Sten Jessen *****39 Effectiveness Singapore Training Systems Workshop Aug 13 Industrial Relations Hotel Equatorial Dominion Conferences *****11 Major Provisions Of The Publications Act Pte Ltd Aug 13-14 TV Presentation Skills Marina Mandarin Ewing Communication *****00 for
      314 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      252 12 Presented by: PROFESSIONAL CONSULTING SERVICES "Facilitating Individual and Organizational Excellence" 19 20 September 1990, From 9.00 am to 5.00pm NTUC Pasir Ris Resort, 1 Pasir Ris Close, Singapore 1851 Seminar Fee: Sssls Includes seminar materials, two tea breaks, lunch, entry to and use of Resort facilities and parking. This two
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      Page 12 Advertisements Column 2
      31 12 Management Consultancy Sl# I I I T r 1/ Seminars And Training Hill I Business Assistance It I L L I L ll Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing
      31 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      183 13 We told you so. Ri Series 400 1 .JH '.lar The Hewlett-Packard Apollo industry, and the capability to handle What more can we say? Other 9000 Series 400 workstations are over 3,200 applications today's than come and see the Series 400 for here. Right on time. And offering most comprehensive
      183 words
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  • SPORTS
    • SIDE LINES
      • Article
        Clark ends home-run drought at last
        92 14 WILL CLARK ended the longest home-run drought of his career at 124 at-bats and pinch hitter Ernest Riles singled home the tiebreaking run in the sixth inning as the San Francisco Giants beat the Cincinnati Reds 4-2. The Giants' third win in eight games
        92 words
      • Article
        Recognition again
        40 14 SOUTH AFRICAN fighters are again being recognised by the World Boxing Association (WBA) after almost four years of isolation. Three South African boxers appear on the WBA's latest ranking list for the end of July, released on Saturday.
        40 words
      • Article
        Indurain takes GP
        44 14 MIGUEL INDURAIN of Spain comfortably won San Sebastian Grand Prix, the seventh round of cycling's World Cup. Indurain covered the 248-km course in six hours 19 minutes and 59 seconds and was 2min 24sec ahead of second-placed Laurent Jalabert of France.
        44 words
      • Article
        Tanzania!! wins marathon
        96 14 SOULEIMAN NYAMBUI of Tanzania won Saturday's Moscow marathon, the first to be opened up to competitors from all countries. Nyambui covered the 42.195kms in two hours 13 minutes and 54 seconds, almost a minute ahead of second placed Osmiro Silva of Brazil. Takeshi Soh of Japan was
        96 words
      • Article
        Schwantz still in the running
        75 14 KEVIN SCHWANTZ of the US underlined that he has still not given up hope of winning the world motorcycling championship by taking pole position for yesterday's Swedish 500 cc Grand Prix. The Suzuki rider, who blazed round the circuit in 1:30.785, is aiming for his
        75 words
      • Article
        MacKenzie's first victory
        44 14 ENGLAND'S Malcolm MacKenzie lined up his first win on the European tour on Saturday with a third round seven under par 65 in the £250,000 Muiphy's Cup. This gave him a total of 37 points, two ahead of Zimbabwe's Tony Johnstone.
        44 words
      • Article
        Career best for Haynes
        87 14 WEST Indies Test opener Desmond Haynes hit a career-best unbeaten 222 on Saturday to soothe the nerves of English County Championship leaders Middlesex. Having seen their advantage slashed to 10 points in recent weeks, they would have been in dire straits against Sussex but for Haynes'
        87 words
    • Article, Illustration
      Lock icon Edberg breezes past Gomez
      470 14 AP ALTHOUGH he is now the No 1 player in the world, Saturday was just another day at the office for Stefan Ed berg. "When I woke up this morning, I said to myself, 'It's back to work again'," Ed berg said after beating Andres Gomez
      AP  -  470 words
    • Article
      Lock icon Becker, Agassi head US Hardcourts
      268 14 AP BORIS BECKER, Andre Agassi and defending champion John McEnroe will be looking to perfect their games beginning today at the US$l million US Hardcourts the last major tune-up for the US Open. Becker, the world's thirdranked player, is back after skipping the tournament last
      AP  -  268 words
    • Article, Illustration
      Lock icon Grady stands firm at PGA
      589 14 AFP AUSTRALIAN Wayne Grady was hoping to draw on the experience he gained at last year's British Open when he took a two-shot lead into the final round of the 72nd PGA Championship in Alabama yesterday. Grady shot an even-par 72 on Saturday to remain
      AFP  -  589 words
    • Article
      Lock icon Whitaker knocks out Nazario for WBA title
      295 14 AP PERNELL WHITAKER knocked out Juan Nazario with a short, chopping left late in the first round on Saturday night to add the World Boxing Association lightweight title to the International Boxing Federation and World Boxing Council crowns he already held. The scheduled
      AP  -  295 words
    • Article, Illustration
      Lock icon Novotna outlasts Smith to face Gildemeister
      461 14 Agencies TOP-SEEDED Jana Novotna survived a three-set battle at the net on Saturday to beat third-seeded Anne Smith and make it to the final of the Virginia Slims of Albuquerque in New Mexico. Novotna of Czechoslovakia defeated Smith 6-4, 6-7 (7-5), 7-5, and was
      Agencies  -  461 words
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  • THE ARTS 1
    • Article, Illustration
      Lock icon A pragmatic, young musician
      1113 15  -  Violinist and aspiring young composer Er Yenn Chwen, the soloist in this week's SSO concerts, will soon be leaving Singapore for Rice University in Houston. Malini Tamoyah finds out more about this engaging and talented young man. Malini Tambyah At first glance, Er Yenn Chwen could
      Photo by H Rawi Ahmad  -  1,113 words
    • Article
      Lock icon Australian Ballet: Building a tradition
      595 15  -  An Aussie journalist recently suggested that the great Bolshoi might not be as good as the Australian Ballet. Anna Kisselgoff disagrees, but concedes that the troupe from Down Under is a very interesting one. Anna Kisselgoff NYT SURELY but not slowly, the Australian Ballet won
      NYT  -  595 words
    • Article
      Lock icon Is tonality making a return to music?
      632 15  -  Avant-gardists have been throwing dirt on tonality's coffin to make sure the ghost did not walk. But they neglected to drive a stake through the corpse's diatonic heart, writes Donal Henahan. Donal Henahan NYT NOTHING is harder to kill than a good myth.
      NYT  -  632 words
    • Article, Illustration
      Lock icon The Louvre faces a terrifying task
      965 17  -  To mess with the Louvre is to mess with history, writes John Russell. But he also feels that the reorganisation going on at the museum is a fine idea. John Russell NYT IT WOULD BE difficult to pass through the centre of Paris today
      NYT  -  965 words
    • Article, Illustration
      Lock icon Riding and writing to fame
      816 17  -  Thriller writer and former royal jockey Dick Francis has sold more than 20 million books in 22 languages around the world. Cotten Timberlake catches up with him in Lambourn Cotten Timberlake AP WRITERS often deny that their novels are in any way autobiographical. Not Dick
      AP  -  816 words
    • Article
      Lock icon Poets get new forum in Chicago
      539 17  -  Kathleen Fieweger checks out the growing number of bars and taverns in Chicago where poetry is on the menu Kathleen Fieweger Reuter A CHICAGO tavern that was once a speakeasy run by A 1 Capone now serves up verse instead of illegal booze. The
      Reuter  -  539 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      189 15 ■Bgßla— THE INDONESIAN MARKET STUDY ON INDONESIAN PLANTATION AND MARKET OF PALMOIL $750.00 \f (Contents include: size and location of plantations, current and projected; annual output j according to type of plantations, region and productivity; processing activities; production consumption; trade; investment and marketing prospects. 418 pages. Completion date: July 1990)
      189 words
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      Page 15 Advertisements Column 2
      140 15 I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISH I WISHI 1 3 I "If only I could I swallow the entire HI newspaper, I
      140 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      248 16 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 this refreshingly different style of cooking. Acclaimed for
      248 words
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      Page 16 Advertisements Column 2
      397 16 ooimeos -LWlfl LLI I J THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungpurmet price! For starters, take your pick of our cold dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and
      397 words
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      Page 16 Advertisements Column 3
      327 16 iPar-T Select your lunch or dinner from our Japanese set Sample delectable Tempura (deep fried seafood) Tonkatsu (pork cutlet), Yakl IMlku (fried beef with sweet ginger sauce) and more. Affordably priced at $14 Or try exotic Lna)u (grilled eel with sweet wine sauce). $18 \Vy/ The choice is yours! At
      327 words
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      Page 16 Advertisements Column 4
      301 16 v\ ~w99| Ib'N i c§ay cheepe to— E SWISS I b 4 J' The Swiss have such wonderful ways with cheese. Savour them and more at The Belvedere's Swiss ftafiet this month 4 SWISS BUFFET LUNCH 4 p, August 1 31, Noon 2.30 pm Adult: $36++, Child below 10: $18+4-
      301 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      589 16 TELEVISION AND RADIO Second time 3round EsSSkH issywa fJCCUIIU UIIIC tUUUIIU --tetafflß ~33£|k SISSS*., mmsiEmmm <■>• n*™ 5 ,92.4 ■*> h«H s3O ihoWaii stroot Journal Ra- 8.37 Isyak Prayer Call. 7.45 am: Financial News Africawatch, 9.30pm, SBC 12 pert (Documentary, recorded t ItotoyDmea (cont d). 1.10pm: Currency Exchange One million
      589 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      266 17 AND ENTERTAIN Set Your Heart On Our Set Meals. UJNCH: lIJOAM TO 1 /flK\ Yi 2.JOPM. $16.50. 1 SfiPPSI I' lL PER PERSON dinner: 6jopm to ""A i. ijfc' 10 JOPM $16 50. PER PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set
      266 words
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      Page 17 Advertisements Column 2
      97 17 THE Clubs Chinese cuisine, best of Thai. Over 120 mouthwatering specialities and an array of irresist i He Thai desserts. |a§yy lira Mftiiwt i 583 Orchard Road 101 Thomson Road #01-16 Forum QaHaria #B 1-55 United Square Singapore 0923 Stngapore 1130 Tel 732 5688 Tel: 252 5830 54 |S I!
      97 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Trading expected to remain volatile
      5028 18  -  By Abdul Hadhi AS THE SITUATION in the oil-rich Gulf area continues to remain tense, the Singapore stock market appears poised to carry on with its roller-coaster ride. Last week, share prices fell back to the levels of last December as the market experienced a
      5,028 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3764 19 Main Board K. Kdlas 25p 280 +33 +13.4% Tong Mcng 297 +4 +1.4% Inno-Pac Wrts 28 +3Vj +14.3% UOLCULS 102 +1 +1.0% Clob Main Board Inno-PacWits 28 +14.3% 3Vi K Kellas 2Sp 280 +13 4% +33 Tong Mcng 297 +1.4% +4 UOLCULS 102 +10% +1
    3,764 words
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  • MARKET REVIEWS
    • Article
      Lock icon Gulf tension dominates market
      785 20 Middle East-recession combination leaves few attractive stocks on Wall Street FT WITH the Dow Jones Industrial Average down nearly 190 points in three days, then up nearly 50 points in two, Wall Street has been tossed and turned by every gobbet of new information emerging from
      FT  -  785 words
    • Article, Illustration
      Lock icon Hang Seng Index down a hefty 8.3pc
      1050 20 DBS Securities SHARE PRICES fell sharply on the Hongkong Stock Exchange last week, hit by uncertainty over rising tension in the Gulf. The Hang Seng Index ended the week down 277.98 points, or 8.3 per cent, at 3,078.97. Average daily turnover rose from
      DBS Securities  -  1,050 words
    • Article, Illustration
      Lock icon Nikkei index plummets to 21-month low
      425 20 TOKYO AFP RISING TENSIONS in the Middle East pushed the Nikkei Stock Average down to a 21-month low on the Tokyo Stock Exchange last week. The benchmark index of 225 stocks ended the week at 27,329.55 yen, down a massive 2,186.21 yen, or 7.4
      AFP  -  425 words
    • Article
      Lock icon Market shows resilience despite losses
      352 20 AFP THE aftermath of Iraq's invasion of Kuwait sent shares reeling last week on the London stock exchange, but markdowns were nowhere near as dramatic as on other stock markets thanks to perceived good prospects for British shares once tension abates. The Footsie index of
      AFP  -  352 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        105 20 THE tension in the Middle East pushed down the Australian stock market during the past week although the oil and gold sectors thrived, brokers said. The main market indicator, the All Ordinaries Index, shed 19.2 points to 1,568.8. The All Industrials lost 53.2 points to 2,356.9 while the All
        105 words
      • Article
        JAKARTA
        113 20 SHARE PRICES continued to plunge and trading volume slumped on the Jakarta Stock Exchange (JSE) last week as local investors turned to the more buoyant money market. The JSE index dropped 21.525 points, or 3.5 per cent, to 591.969. The Jardine Fleming Nusantara index fell 4.73 points to 139.06,
        113 words
      • Article
        BANGKOK
        112 20 THE Securities Exchange of Thailand (SET) index fell 176.39 points, or more than 16 per cent, last week to close at 921.13 on continuing jitters over higher world oil prices. However, the index recovered 17.36 points on Friday after crashing earlier in the week. An SET spokeswoman said the
        112 words
      • Article
        TAIPEI
        125 20 SHARE PRICES on the Taiwan Stock Exchange (TSE) nosedived last week to hit their lowest level since April, 1988 amid growing tension in the Gulf. Following the previous week's 5.1 per cent slump, the 214-issue weighted index plunged 1,033.74 points or 20.16 per cent to end the week at
        125 words
      • Article
        MANILA
        105 20 THE Philippine stock market continued to suffer the effects of the Iraqi invasion of Kuwait last week, amid fears of a sharp rise in oil prices. At the larger Manila Stock Exchange, the composite index fell 65.62 points, or 7.1 per cent, to end the week, at 856.71 points.
        105 words
      • Article
        BOMBAY
        98 20 PRICES remained fairly steady on India's stock market last week, although continued restrictions ot\ trading and the Gulf crisis hit the Bombay bourse the biggest of the country's 16 stock exchanges. The Bombay Stock Exchange (BSE) index dropped 15 points to close at 1,046.30 on Friday, 10 days after
        98 words
      • Article
        Lock icon SEOUL
        143 20 AFP THE STAGNANT Seoul Stock Exchange rebounded after hitting a record low last Wednesday as President Roh Tae-Woo's ruling party began studying measures to prop up the sagging market. The composite index slid to the year's lowest 646.03 points on Wednesday before rising to close on Saturday at 657.60.
        AFP  -  143 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      315 20 LOST CERTIFICATES The following certificates have been reported lost, mislaid or destroyed No. of TSR/ Name of Company Certificate Nos. In the Name of No. of Stock/ No. of Shares Hotel Marco Polo Limited *****084 Urn Bian Huat 1 1.000 Parkway Holdings Limited T***** Leow Sun Wing 1 x 1,000
      315 words
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      Page 20 Advertisements Column 2
      19 20 Tha Straits Timas WEEKLY OVERSEAS EDITION t'lV Straits'llmes Subscribe now. Call 740-1840/1. Ateo avaMaMa at Thnaa Tha Bookshop outtata.
      19 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Buyers keep to sidelines as shares take a beating
      3891 21 MBT SHARE PRICES on the Kuala Lumpur stock market buckled further last week under the persisting Gulf tension. Trading pace, too, lost momentum as investors and dabblers alike chose to stay on the sidelines. Brokers said operators were still worried about
      MBT  -  3,891 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      805 21 NOTICES THE COMPANIES ACT, CAP 50 LIAN TECK GUAN PRIVATE LIMITED (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 3 AUGUST 1990 At an Extraordinary General Meeting of the Company held at No 23 Boon Tat Street. Singapore 0106 on 3 August 1990 the following Special Resolutions were passed (a) That
      805 words
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      Page 21 Advertisements Column 2
      320 21 IN THE MATTES OF THE COMPANIEB ACT, CAP. 5t AND IN THE MATTER OF HAT CHAI HOLDINGS PTE-LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) ,r At an Extraordinary General Meeting of the aaauabaas of the abovcnaimcd Company duly convened and held at 304 Orchard Rood fBl-87 Lucky Plaza Singapore 0923 on Tuesday,
      320 words
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  • WORLD STOCK MARKETS
    • Fresh wave of jitters on Wall Street
      • Article, Illustration
        NEW YORK
        1207 22 IRAQI PRESIDENT Saddam Hussein's call for a holy war against foreign troops unleashed a fresh wave of jitters, prompting investors to dump US shares on Friday ahead of the weekend and driving blue chips to a sharply lower finish. "This created a situation where a peaceful resolution of
        1,207 words
      • Article, Illustration
        LONDON
        797 22 SHARE PRICES finished lower on London's Stock Exchange on Friday in subdued dealings as events in the Middle East overshadowed any genuine interest in the market. Investors were merely flattening out positions ahead of the weekend in case circumstances over the next two days become more volatile. Most players
        797 words
      • Article
        TORONTO
        263 22 TORONTO STOCKS closed flat on Friday after sharp gains in gold, oil and gas shares offset heavy losses in most other sectors after Iraqi President Saddam Hussein called for a Holy War against foreign troops stationed in the Middle East. The composite index lost 0.3 to 3,476.61 on volume
        263 words
      • Article
        MILAN
        226 22 THE ITALIAN stock market ended a turbulent week calm but uncertain after a session of thin trading dominated by position-squaring. With all eyes on the Gulf, investors were unwilling to go into the weekend in an exposed position for fear of what might happen before trading reopened today. Consob's
        226 words
      • Article
        JOHANNESBURG
        374 22 JOHANNESBURG gold shares closed firm on Friday, bolstered by continued overseas interest in quality stocks as the bullion price firmed towards US$39O an ounce on the Middle East crisis. The interest was reflected in further gains in the financial rand, dealers said, but noted that the strength of the
        374 words
      • Article
        BRUSSELS
        132 22 BELGIAN SHARES closed slightly weaker on Friday as trading slowed to a trickle with dealers watching Gulf developments for direction. "(Today's) trend will depend entirely on what happens (in the Gulf) over the weekend," one dealer said. The main forward index ended down one per cent in thin trading.
        132 words
      • Article
        ZURICH
        299 22 SWISS SHARES were quietly steady on Friday at the end of a see-saw session as volume evaporated in the absence of fresh news from the Gulf. "The market remained jittery over the situation in the Gulf and traded over a narrow range as nobody wanted to be left holding
        299 words
      • Article
        FRANKFURT
        385 22 WEST GERMAN shares ended mixed with a lower bias on Friday, as uncertainty in the wake of Iraq's invasion of Kuwait continued to dominate the market, brushing all other factors aside. The 30-share DAX ended Friday's session 6.29 points lower at 1,749.34, by far the smallest one-day swing this
        385 words
      • Article
        PARIS
        168 22 FRENCH SHARE prices rallied off the day's lows to close nearly unchanged on Friday, with many traders anxious to' square positions ahead of an uncertain weekend. The CAC-40 index finished at 1,779.83 against Thursday's close of 1,779.86, after hitting a low of 1,769.68 on the back of Wall Street's
        168 words
      • Article
        Untitled
        283 22 Aug 10 Ctoae Previous NEW YORK Dow Jones 2716.58 2758.91 -42.33 NYSE Financial 131.71 132.63 -0.92 SAP 500 335.52 339.94 -4.42 Turnover (million) 146 00 155.81 -9.81 L0N00M Financial Times 30 1743.0 1752.8 -9.8 FTSE 100 2233.8 2244.9 -I I.I Turnover (million) 312.4 429.4 -117.0 AMSTERDAM CBS General NA 188.2
        283 words
  • Page 22 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      American dollar firms against mark and Swiss franc
      344 23 WEEKLY ROUND-UP THE US dollar firmed against the mark and Swiss franc but was little changed against the yen in quiet trading that found many dealers sidelined, nervously awaiting news from the Mideast Gulf. "The market is quiet and stuck in a
      344 words
    • Article
      Lock icon Gulf crisis shores up US dollar
      828 23 ASIAN CURRENCIES AFP TENSION in the Gulf bolstered the US dollar against the Japanese, Taiwan, South Korean, Philippine and Hongkong currencies during the week, but concerns over the US economy tempered the greenback's rise. While dealers bought dollars in anticipation of the higher cost
      AFP  -  828 words
    • Article
      INTERBANK FOREX RATES
      393 23 Cross rates Aug II USS SS MS Dm Yen SFr AJ NZS USS 1.8040 2.6975 1.5905 150.45 0.5338 1.3385 1.2534 1.6617 S$ 0.5543 1.4953 ***** ***** 0.2959 0.7420 ***** 0.9211 MS 0.3707 66.88 0.5896 0.5577 0.1979 0.4962 0.4647 0.6160 Dm 0.6287 1.1342 1.6960 94.59 0.3356 0.8416 0.7881
      393 words
    • Article
      MONEY MARKET
      539 23 Interbank rates SS Bid Offer Overnight 5 3/4 6 1-month 6 3/8 6 1/2 2-month 6 1/2 6 5/8 3-month 6 5/8 6 3/4 Overnight mode: 5 USS High Low 7 days 8 8 1 month 8 7 15/16 2 months 8 7 15/16 3 months 7 15/16
      539 words
    • Article
      Lock icon Dollar loses a bit of its safe haven reputation
      515 23 Reuter THE US dollar's reputation as a "safe haven" in time of crisis has been tarnished since the Iraq invasion of Kuwait, foreign exchange dealers said. The value of the US unit is hardly changed against the mark from just before
      Reuter  -  515 words
    • Article
      Lock icon Swiss franc may be pushed to a record high against the dollar
      425 23 Reuter HIGH Swiss interest rates will underpin the buoyant Swiss franc at or above its current levels for the next six months, and perhaps push it to a record high against the dollar, dealers and analysts forecast. With
      Reuter  -  425 words
    • Article
      Gulf crisis boosts Loco-London gold
      430 23 GOLD FINANCIAL FUTURES REPORT MOUNTING military tension in the Middle-East, inflationary crude oil prices and worried weakness in stocks and bonds combined to boost Loco-London gold from Monday's Hongkong low of U*****.00/ U*****.50 to a high of U*****.70/U*****.20 late on Friday night in New York.
      430 words
    • Article
      FINANCIAL FUTURES
      297 23 IMM Aug 9 DEUTSCHEMARK Open High Low Sett Vol Op/lnt Sep 90 0.6272 0.6285 0.6256 ***** ***** ***** Dec 90 0.6264 0.627Q 0.6242 0.6249 EURODOLLAR Open High Low Sett Vol Op/lnt Sep 90 92.13 92.15 ***** 92.14 *****9 *****5 Dec 90 92.19 92.25 92.16 92.23 JAPANESE YEN Open
      297 words
    • Article
      PRIME LENDING RATES
      515 23 BANKS ABN Bank tVi Allied Irish Bank PLC 8 American Express Bank 8V1 Am'Dam R'terdam Bank 8% Arab Banking Corp 8.625 Arab Bank Ltd 7% Asia Commercial Bank IVi ANZ Banking Group 8V« Ban Hin Lee Bank 8 Banca Commerciale 8Vj Banco do Brasil 8 Bangkok Bank
      515 words
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  • COMMODITIES
    • Article
      Lock icon Higher oil prices may boost Aussie oil exploration
      311 24 Reuter HIGHER oil prices and uncertainty over Middle East supplies could give Australia the impetus it needs to become a significant oil producer, a senior government official said. So far, explorers have only scratched the surface and seabed of the huge and
      Reuter  -  311 words
    • Article
      Lock icon No pact reached on cocoa output cut
      249 24 Reuter THE Cocoa Producers' Alliance has failed to agree how to cut output at a meeting in the Brazilian state of Bahia. "Nothing earth-shattering came out of this meeting, but then I didn't expec anything earth-shattering," one delegate said. The delegate said the
      Reuter  -  249 words
    • Article
      Lock icon M'sia may increase crude oil production
      123 24 Bernama MALAYSIA may have to increase its crude oil production following the crisis in the Middle East which has affected world oil production, Malaysian Deputy Prime Minister Ghafar Baba said. He said Malaysia might have to increase its daily production, now totalling 500,000 barrels,
      Bernama  -  123 words
    • Article
      Lock icon Gulf crisis dominates commodity trading
      898 24 REPORTS AFP EVENTS in the Middle East dominated commodity trading over the past week, particularly in oil, gold and, to a lesser extent, base metal. Oil prices shot up following the Iraqi invasion of Kuwait on Aug 2, which resulted in the United Nations calling
      AFP  -  898 words
  • Article
    PRICES
    1103 24 Rubber HAS jhl hi Mw) S cents/kg Int I RSS Close Aug 6 153.25 Aug 7 154.50 Aug 8 155.50 Aug 9 Closed Aug 10 156.75 MRtLB (ltd to tata) M cents/kg Int 1 RSS Close Aug 6 232.00 Aug 7 232.50 Aug 8 233.50 Aug 9 ..233.50 Aug
    1,103 words
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      Page 24 Advertisements Column 1
      1135 24 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Foo Yong Kin of No 3&-D Jalan Mat Jambol #01-05 Singapore (0511), have applied for a First Class Public House licence in respect of premises at M/s Xuan Inn Seafood Restaurant Pte Ltd at 360, Orchard Road #02-01/04, International Building Singapore (0923),
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      Page 24 Advertisements Column 2
      11 24 FORWHOJ WHERE W WHEN IN THE MARKET Every Thursday... ADVERTISING MARKETING
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide to investing in the stoek market. Every Saturday n Business Times.
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1003 25 Crty Flight ETA Flight ETP QF81 1900 SQ225 2215 SQ228 1915 •n-min Ril82 1445 RJ183 2320 Amtardam KL841 1055 GA892 0110 SQ23 1200 QF005 2230 AwrfctiH TE25 1800 TE26 1920 SQ388 2025 Bandar Sari ***** 1105 SQ182 0915 Bacawaa SQ181 1410 8(422 1205 BI429 2030 B1430
      1,003 words
    • Article, Illustration
      Tax worries hit paradise island
      678 25  -  LETTER FROM VANUATU By Robert Holloway Glamorised in James Michener's Tales of the South Pacific, christened in 1606 by Portuguese explorer Pedro Fernandez de Quiros, Espiritu Santo has entered the 1990s with revenue problems. Santo, as it prefers to call itself, is the largest of
      678 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday. Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.430 1.530 Canadian dollar 1.560 1.590 NZ dollar 1.0700 1.0900 Sterling pound 3.350 3.3700 US dollar 1.8010 1.8110 Local dollars to 100 units of foreign currency Austrian schilling 15.89 16.80
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      75 25 Duration Title Venue Organiser Tej Duration Title Venue Organiser Td Sep 7-17 International Switzerland Sctiweizer Muster 61/686.20 20 Sep 15-20 International Germany Munchener 89/***** Fair Mustermesse Trade Fair for Messe Sep 10-16 International Spain Foife 3/423.31.01 Industries SISSf aml BarCek>ne Sep 19-24 International Italy CDS MIT 2/*****61
      75 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      42 25 Wjftff^^ jk Ihe bu>incs> person'* choicc even luchljn. I Thurvd.iv,SjturJj\jrulSunJjv. I citing( hingi \irport at ":IS hour* .inii arriving .11 'I J -A- JL. different citics in the ISA the following day. (S) A BKKAT II OF Fkksh AM: V^V Air Canada
      42 words
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      Page 25 Advertisements Column 2
      102 25 FOR WHO, WHAT, WHERE AHD WHEH IH THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      346 25 ACROSS I Feeling keely about what p P T F f I I 8 are —1^ 9 See-through design for dou- blet, one in see-through 10 One who fleeces a famous (1 Each troublesome pain (4) 12 Of cumulus, etc stay free when ___1^ a swift way to take nour-
      346 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      214 25 Singapore Outlook: Showers over a few areas in the late morning and early afternoon Report: Max temp 32.1* C Assoc humidity. 66% Min temp. 26.5 Assoc humidity 90% Hrs of sunshine 4.50 Rainfall in mm Trace Rainfall this mth 86.3 Rainy days this mth 5 World report Asia-Pacific Hi/Lo* Cond.
      214 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      34 25 Ptmmtic-c.c> I A >u/rC?c r>ip>\ T Vou \to wrms Siuy J( i see \r Vujfvstc TtNie.... scfn Tue #VD D«Recwy!l V M OOP -c#j& r- \J O EVENWO STAMMftO CO. LTD.. IM2-IMO f"* j
      34 words
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  • Article, Illustration
    China and S'pore to set up formal ties as soon as possible
    472 26  -  By Yong Pow Ang BOTH CHINA and Singapore hope to establish formal diplomatic relations "as soon as possible" as there is no major obstacle in the way, said Chinese Premier Li Peng yesterday. Mr Li said China will
    472 words
  • Article, Illustration
    Lock icon Johor will not neglect agricultural sector in move to industrialise
    379 26 Bernama. JOHOR Mentri Besar Tan Sri Muhyiddin Yassin, who completes four years as head of the state government today, said Johor will continue to place emphasis on the agricultural sector besides giving due attention to the industrial sector in its
    Bernama.  -  379 words
  • Article
    Lock icon Proton Saga maker to be listed on the Kuala Lumpur exchange
    379 26 Bernama. PERUSAHAAN Otomobil Nasional (Proton), the manufacturer of the Malaysian car, will be listed on the stock exchange, and most probably in less than a year. Prime Minister Datuk Dr Mahathir Mohamad said yesterday in Kuala Lumpur. He said
    Bernama.  -  379 words
  • Article
    Chok Tong hopes to build up personal relations
    319 26 FIRST Deputy Prime Minister and premier-designate Goh Chok Tong said the younger generation leaders in Singapore hope to build up personal relations with the successor generation to the Long March leaders in China, based on a mutually beneficial relationship. Mr Goh made
    319 words
  • Article
    Lock icon Seoul makes last-minute concession to N Korea
    237 26 AFP SOUTH KOREA has made a last-minute concession to North Korea in a bid to have cross-border travel this week, but the two rival sides were still far apart on other issues. The capitalist South and communist North have issued separate conditions for
    AFP  -  237 words
  • Article, Illustration
    Singapore contractor in US$7m Batam project
    445 26  -  By Suzanne Soh SINGAPOREAN contractor Peter Kuah has teamed up with Indonesian partners to build Batam's latest industrial park, which could rival the 500-hectare Batam Industrial Park (BIP). The 10-hectare site, phase one of a 100-hectare plot in the Indonesian island's Tanjung Uncang area,
    445 words
  • Article
    Lock icon Judicial inquiry into Bhutto govt
    259 26 AFP PAKISTAN'S interim government is setting up five judicial commissions "within the next few days" to investigate the former government of deposed Prime Minister Benazir Bhutto and Pakistan's four provincial governments. Ms Bhutto had announced she would appeal her ouster before the Supreme Court and
    AFP  -  259 words
  • Page 26 Advertisements
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      7 26 PlygeT KWLUER EN HORUDGERIE DEPUtS 1X74 GENiVE
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      Page 26 Advertisements Column 2
      138 26 PiageT jOA ILUEK EN HORUXjEKIE DEPUISIB74 GESEVE ■f JiBK. H«k ~MKbL j «p>. v Hr wSHBBBMBRBMBRBBHHHR Dauphin Sitzkultur THE STRENGTH OF YOUR COMPANY IS IN THE BACKBONE OF YOUR EMPLOYEES. Display your corporate philosophy The Dauphin Basisline gfjjfcflta*******' product range from West Germany constitutes a programme of office chairs expressing
      138 words
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  • Shipping Times
    • Article
      Bengal Tiger Lines likely to withdraw petition
      464 27  -  By Dexter Lee HAMBURG-BASED common feeder operator Bengal Tiger Lines (BTL) is likely to withdraw a winding-up petition it took out on local shipping agent Baltic Orient Shipping (BOS) some four months ago. The withdrawal is part of an out-of-court settlement BTL is
      464 words
    • Article, Illustration
      CWT speeds things up with an on-site centre
      327 27  -  By A J Leow LEADING local warehouse operator CWT Distribution has set up an on-site customs inspection centre to facilitate faster clearance of boxed cargo. The company, which is the largest private warehouse operator in Singapore, is also going ahead with the
      327 words
    • Article
      Sempati Air launches Jakarta-Medan service
      260 27 SEMPATI Air, Indonesia's first private scheduled airline, launched its Jakarta-Me-dan service recently using a Fokker-100 jet, one of seven leased from Ireland's Genuine Pet Aviation leasing firm. Sempati Presiden Hasan Soedjono said the airline would ply between Jakarta and Medan twice a day. Medan the
      260 words
    • Article
      Thai Airways considers special purpose company
      235 27 THAI Airways International is studying a proposal to set up a special purpose company (SPC) to provide aircraft leases to the airline as a means to avoid hefty capital investment. The proposal by Credit Lyonnais, its financial adviser, suggests two SPCs be set up,
      235 words
    • Article
      Lock icon Satellite company plans to expand
      115 27 FT PAN AMERICAN Satellite (PAS), the first private company to offer an international satellite communications service, intends to extend its operations to cover virtually the whole world. It announced earlier last week plans to develop, launch and operate a communications satellite which would serve Asia
      FT  -  115 words
    • Article
      Lock icon Kuwait Petroleum to move oil operations to London
      269 27 Impact of Iraq's invasion of Kuwai Reuter KUWAIT Petroleum Corp, a conglomerate with global refining, marketing and distribution, has decided to move all its oil operations to its London office after Iraq's invasion. A statement by KPC also said the United States
      Reuter  -  269 words
    • Article
      Nedlloyd lowers profit forecast for 1990
      181 27 DUTCH shipping and transport group Nedlloyd said as a result of the Gulf crisis it was lowering its 1990 profit forecast and expected the figure to be substantially below 1989's 146 million guilders profit before extraordinaries. "The recent developments in the Middle East can
      181 words
    • Article
      Tough time for Iraqi fleet
      90 27 IRAQ'S shipping fleet is likely to find it increasingly difficult to operate with its vessels excluded from most of the world's ports as the UN economic embargo begins to bite, said Chris Horrocks, secretary-general of the International Chamber of Shipping (ICS). "The Iraqi fleet will
      90 words
    • NEWS SUMMARY
      • Article
        Healthy market for old containers
        49 27 HIGH container prices and tight inventories are creating a strong market for used containers. Industry sources estimate that container utilisation is running at the rate of 90 per cent to 95 per cent of the estimated world total of five million containers Page 2
        49 words
      • Article
        Rotterdam gears up for surge in traffic
        36 27 ROTTERDAM, the world's busiest port in terms of cargo volume, is gearing up for an expected surge in traffic over the next 20 years, port officials said Back Page
        36 words
      • Article
        Crisis looms as Rhine water levels fall
        37 27 LOW Rhine water levels and rising barge freight rates are threatening a repeat of the shipping crisis of last December, when the river sank to an all-time low Back Page
        37 words
      • Article
        Smit to sell one off five tugs
        44 27 SALVAGE specialist Smit Internationale NV said it has decided to sell one of its five ocean tugs, and pool the others in a joint venture in which it will take a 25 per cent stake Back Page
        44 words
      • Article
        Nusa Dua hotel sale not related to debt
        35 27 GARUDA Indonesia president Moehamad Soepamo has emphasised that the sale of Nusa Dua Beach Hotel was not related to the payment of the airline's debt Back Page
        35 words
    • LOG BOOK
      • Article
        Greek shipowners told not to ship oil from Iraq
        104 28 Impact of Iraq's invasion of Kuwait THE Greek government has told the owners of its merchant tleet, the biggest single force in world shipping, not to carry oil out of Iraq or Kuwait in line with a United Nations embargo against
        104 words
      • Article
        Norway, India ban oil loading
        103 28 NORWAY and India ordered their tankers at Iraq's terminal on the Red Sea not to take on oil, shipping sources said. No tankers are now loading at the Mu'ajjiz terminal for Iraq's crude export pipeline across Saudi Arabia. Sources on ships at the terminal said
        103 words
      • Article
        Turkey closes jetties
        87 28 TURKEY closed Mediterranean jetties for discharge of Iraqi oil last week in response to the UN sanction directive. As a result, several tankers have left the Turkish oil terminal at the end of the pipelines from Iraq without loading. They are British tanker Edinburgh Fruid which arrived
        87 words
      • Article
        France bans oil shipment
        90 28 A GREEK oil tanker carrying 1.625 million barrels of Iraqi crude oil has been refused entry by France and diverted to Rotterdam, a spokesman for the London-based Shell International Trading Company, which owns the oil, said. The French authorities banned the Andros Adas from discharging its
        90 words
      • Article
        Australia bans wheat exports
        124 28 AUSTRALIA has suspended wheat shipments to Iraq while Canadian authorities have halted an Iraqi-bound ship loaded with 60,000 tonnes of grain from unloading in Vancouver. Confirming reports by US export sources, a spokesman for the Australian Wheat Board in New York said his country, which expected
        124 words
    • Article, Illustration
      Lock icon Healthy market for old containers
      1163 28  -  Used containers are in demand as a result of high container prices and tight inventories. But there is a fine line between the economics of refurbishing old containers and that of purchasing new ones. Douglas Harper reports Douglas Harper Journal of Commerce HIGH container prices
      Journal of Commerce  -  1,163 words
    • Article
      COCKETT BUNKER MARKET REPORT
      725 28 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      725 words
    • Article
      THE SHIPPING GUIDE
      12453 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
      12,453 words
    • Article
      AT CONVENTIONAL WHARVES
      466 43 I f I I f total Voy No Barth Arrival Departs Kcoocl Wharves Satangas 20 K30 alongside 14.08/1500 Con Furano 13A07 K33 alongside 13.08/2359 Pup Reefer 1/90 K32 alongside 12.08/1100 Kota Ratna ES62 K31 alongside 17.08/1830 j Oc Br*anc 063/33 K18 alongside 13.08/1100 Shoushan 29/30 C10 *ngs»de
      466 words
    • Article
      CONTAINER SCHEDULE
      1084 43 9# 1 Voy No 1 Record Period From Bookni/Babnce To 1Mb From 1 P of EMM Space Achterpacht AG02S 12/1500 13/1200 12 13 /1659 12/19 /1459 13/17 00 00 ta tade 8A 12/1500 13/1200 12/1659 13/1459 12/1900 13/1700 53 12/1500 12/1659 12/1900 Anro Aust ***** 12/1500 13/0700 13/1200
      1,084 words
    • Article
      DAILY FREIGHTS
      1023 43 THE FREIGHT market remained largely subdued on Thursday but scattered fixings were agreed at slightly firmer levels after some increase in demand for vessels, shipping brokers said. Brokers added there was rising interest in the US Gulf/Japan and US Gulf/Continent grain runs. The first was reported to have
      1,023 words
    • Article
      IN MALAYSIAN PORTS
      327 43 M mm South Port on Aug 10: Soon Hoe berth 1; Menty berth 2; Alam Aman berth 3; Kris Madura berth 4; Cheung Hing berth 7 A. KCT: Maersk Tauro berth 8; Ned Rouen berth 9; Mefisa berth 10. North Port: Juta Jaya berth 11; KD Tunas
      327 words
    • Article
      Lock icon Rotterdam gears up for an expected surge in traffic
      252 44 Reuter ROTTERDAM, the world's busiest port in terms of cargo volume, is gearing up for an expected surge in traffic over the next 20 years, port officials said. Cargo throughput could reach 390 million tonnes by the year 2010, up 100
      Reuter  -  252 words
    • Article
      Lock icon Smit to sell one of five tugs
      120 44 Reuter SALVAGE specialist Smit Internationale NV said it has decided to sell one of its five ocean tugs, and pool the others in a joint venture in which it will take a 25 per cent stake. Smit, 40 per cent owned by Koninklijke
      Reuter  -  120 words
    • Article
      Crisis looms as Rhine water levels fall
      347 44 LOW Rhine water levels and rising barge freight rates are threatening a repeat of the shipping crisis of last December, when the river sank to an all-time low, shippers and oil barge traders said. Lack of rain has so depleted water levels that
      347 words
    • Article
      Hotel sale not related to debt, says Garuda
      204 44 GARUDA Indonesia president Moehamad Soeparno has emphasised that the sale of Nusa Dua Beach Hotel was not related to the payment of the airline's debt. "All of Garuda's US$l.l billion debt has been paid," he said after dedicating the new office of
      204 words
    • Article, Illustration
      Putting 'pay to be paid' rule to the test
      518 44  -  Since the establishment of shipowners' mutual protection and indemnity associations (P I Clubs), sometime early this century, the rules provided that an individual member must pay any claim against him before he can be indemnified by the club. Over the years
      518 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      121 27 SHIP LASHINQ MATERIALS SPECIALIST IB cz KINTERNARINE S«m.T CI (PTE) LTI T«l: *****33 (6 llnM) Tie IMCCO R*****8 Fax 2M4477 Logbook, Pg 2 m jhp I Mg Globe-trotting Aigator Mitsui O.S.K. Lines' Alligator container service spans oceans and crosses continents by ship, rail and truck. Our Alligators provide Asian shippers
      121 words
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      Page 27 Advertisements Column 2
      28 27 Cocfcett report 2 Contarer Schedule 17 My troghts 17 Index to Advertisers 3 Shppmg Guide 10,11 Shps «i Port 17 Sffgapore Tides 17 Weather and Sea Conttns 17
      28 words
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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 29 Advertisements
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      Page 29 Advertisements Column 1
      1932 29 JAR DINE SNIPPING AGENCIES 200 Cantonment Road #12-05 Southpoint, Singapore 0208 Tel *****11 TELEX NO fc«» t TERMINAL/CFS Til *****18 220 BOOKINGS T«4 *****34 235 A. wCCCM M PESAKA JAROINE SNIPPING AGENCIES SON. BHD. VjOfy M kelang TEL: *****1! TELEX NO. MA*****/MA***** ■■■i PfNANG TEL *****4 TELEX NO MA***** CFS
      1,932 words
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      Page 29 Advertisements Column 2
      1195 29 MDEX TO ADVERTISERS a 1 «MISC 14 1-3 2 1 M'sia Shpg Corp 9 1/2 ABC Containerline 13 5 Mercury Line 12 2 Accord Shpg 8 1-3 Mendelssohn 5 1/2 Adkris Business 16 3 Meng Horng Shpg IS 2 Albatros Sea-Air 14 5 MOL 18 1/2 Alfred C Toepfer 15
      1,195 words
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      Page 29 Advertisements Column 3
      2313 29 Vessel Voy ETA J ETD 'Port "Pensng Katang DESTINATIONS This wee* Louis M 9000 Cloemg Time Feeder by U/g 0400 HRS Farco l^M CFS -1W 2358 MRS M Teuro OAK LOB MOU MEM ATL MIA CHS BAL PHL MYC MOW TW LOUIS M 9008 14/8 IS/8 Sailed Sailed 3*j 6/9
      2,313 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1160 30 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KOWLOON BAY 96/555 16/8 10/9 4/9 6/9 3/9 9/9 TOKYO BAY 99/599 18/8 5/9 7/9 10/9 OSAKA BAY 95/598 23/8 17/9 11/9 14/9 10/9 16/9 LONDON EXPRESS 13/503 26/8 12/9 14/9 17/9 MONTE ROSA 09/502 30/8 24/9
      1,160 words
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      Page 30 Advertisements Column 2
      553 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SU\T PPT I. FLOREANA 26/8 8/9 11/9 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, rAGO PAGO. APIA NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I. FLOREANA 26/8 29/9 30/9 3/10 Also accepting Cargo to CallM (Ptru) *i» Vilpj Agents: rf/QIXI] SINGAPORE: *****56 VS.
      553 words
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      Page 30 Advertisements Column 3
      1243 30 ESSfIrMMMMA &SW* REGULAR INDEPENDENT FULL CONTAXEW SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA J MA (VIA (VIA LG) ROT) HAM) N-AL MANSOORAH 9023 3 11/06 01/09 03*09 06/09 06/09 11/09 10/09 12/09 13/09 JAPAN SEA 024-W 17/06 07*09 09-09 12 09 14.09 17
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1830 31 StSjSteamers Maritime Holdings Ltd Im&p&O Mmssx&ssisss Containers M— Vo* No t Klaag S port S ton N'Wi aw Mm Le* ACCfPTS DUE SAILS MMLOON MY W» TH»HP M IMI o*o Kffl RB 9M> CARGO TOKYO BAY »S» L£*lW 1W M) lOffl MERCURY PEARL Vo4£ Muara. KK, Wri tteity l«M MA«|
      1,830 words
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      Page 31 Advertisements Column 2
      1682 31 TO: EUROPE TO: FAR EAST SJ> LH RDM HAM B'HVN FIX SPORE HK KAO KOB BU CNOYANC SUCCESS 010W 19/0 i/9 7/9 0/9 10/9 11/9 CNOYANC CHANCE MK 20/0 M M M HANJIN HAMBURG 007* 25/0 12/9 13/9 14/9 11/9 17/1 HANJIN LEHARVE OOOE 27/1 30/1 31/1 3/9 W HANJIN
      1,682 words
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      Page 31 Advertisements Column 3
      382 31 SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION ASIAN TANJUNG PIONEER TRADER STAR EMAS VOY. NO. 7 U 114 10 S port In Pt 22/1 23/1 26/1 P. Kalang 16/8 2S/I 25/S Penang Hong Kong Yokohama 7/9 19/9 14/9 24/9 Nagoya 5/9 17/9 12/9 22/9 Osaka io/9 20/9 Senboku 3/9
      382 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      544 32 i» 11l II I 111 I iV" A CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSL/VOY J POSE R OAM/ H'BURC BREMEN ANTWERP ADAM KUTAI/20WB 25-2 M W W W VN MATARAM/27W8 22-26/B 22/10 2«fl« 2»/W 2/11 FAST TRANSIT TIME ACCEPTING BREAK Bit LK/CONTAMERIBED CARGO ft6*Kl to Mucanwnt Albo aocapftig cvgo
      544 words
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      Page 32 Advertisements Column 2
      981 32 Gh HANJIN SHIPPING yy full container service CHO YANG SUCCESS 010W w"" T "S" ST®- ffl K-gW HANJIN HAMBURG OB2W 25/8 12/9 13/9 l«/ 9 16fl 17/9 HANJIN LEHAWEWE 27/1 H KWJSAN Ott€ 22 22 HANJIN ROTTERDAM 010W 1/9 I 19/9 20fl 21/9 23/9 24/9 HANJIN FELIXSTOWE «B3E 3/9 H
      981 words
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      Page 32 Advertisements Column 3
      1181 32 d -TcT r T3"3 T l^ IPKL SGP KM RSC KLG PUS MKT OSK SM2 TYO LAX CMS ML NYC 01* AN» ROM fU M»6 (GOLDEN RE-127 m 1H M nx M PI M W 2/3 2«9 WW E GLOBE RE4JI I*o TM tm 14/3 21/1 2/11 JB/3 12/10 11/11
      1,181 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1223 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 k AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.Kelang-(03) *****87, Penang-(04) *****0,
      1,223 words
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      Page 33 Advertisements Column 2
      413 33 Specargi N, KEELUNG Tel: *****55 > (19/8) V\\KAoHslufi6 FOR BOOKINGS 1 X\^ 9/8) I TEL: *****17 W' J Specargo's Own J Operated V Warehouse at A) FTZ Warehouse Tel: *****50 H schenker Service in 5 Continents (WEEKLY LCUFCL CONSOL SERVICES TO/FROM GOTHENBURG SWEDEN) SCHENKER I AUG 18 AUG 20 SEP
      413 words
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      Page 33 Advertisements Column 3
      1100 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 FOR WESTBOUND vessels voyage |sroat |mariia hkok" »ovace sroet fnuiic hrurg rhaveh thjmry rott Awm»f r Tovsmn not
      1,100 words
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      Page 34 Advertisements Column 1
      1399 34 I K line KAWASAKI KISEN KAISHA. LTD. I FEEDER VESSEL *01 *INOO 'P* P*G MOTHER I 2U«?:S Y W" 0 1M 1M MANHATTAN BRIDGE 35 9/9 12/9 13/9 17/9 M BROOKLYN BRIOGE 31 I*7 24/7 *T QOEWS WATBRIDGE 5 1M IM B I MEDITERRANEA 06 22% 218 25/1 HENRY H
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      Page 34 Advertisements Column 2
      624 34 PHILI-ORIENT LINES PTE LTD (The Complete NVOCC Package) AUG MONTREAL, Ottawa, toronto, VANCOUVER, S-WESTERH ONTARIO. 90 AMP rtiioAi niuuiu iiiiiiiiiT lia CHARLESTON, CHICAGO, DUBAK DAMMAN KUWAtT MHA, LONDON, THUNDER BAY, WINNIPEG, Sjadi.lJ BAHRAIN ABU DHABI REGINA, SASKATOON, SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON. PENTICTON AUG COLOMBO, KARACHI, BOMBAY, AND ALL
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      Page 34 Advertisements Column 3
      446 34 T GOLDEN LINE Vvf>sL GUAN GUAN SHIPPING VSS<V ("E) LTD 1 23 T*M Avw Straat SINGAPORE 0104 1 TO.: 5343*1 (10 LINO) Fax: SJ43SO4 (CO No. MUMSIPOOW) oTtAimromow wni twa S'pore P. Ketanj Penary GOLDEN HAVEN Cotanbo/Karacta/Dubii 11/20 Auf GOLDEN MAO Colombo/Karachi/tatoai 21/20 Auj anwA mwa DAI TUN SNAN ImrmifuOnu
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      Page 35 Advertisements Column 1
      1703 35 PACIFIC INTERNATIONAL LINES (PTE) LTD J J PIL Building, 140 Cecil Street tt»00. Singapore 0106. I JAKARTA I I BANGKOK I y cttcc i wov q,M jut SW( VESSEL VOY SIN BKK SIN EDEN 9025 14V8 ,6/8 2V* KOTA SINQA 22N 14/B 17I* 21 It KOTA PANJANG MSB IWB 2*B
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      Page 35 Advertisements Column 2
      1242 35 r BEN LINE CONTAINERS LTD 1 200 Cantonment Road Tel: *****22 #13-05 Southpoint 4 Fax: *****63 Singapore 0208. Telex: RS ***** m EXPRESS CONTAINER SERVICE TO UK/CONTINENT M VESSEL VQY SPORE PKLANG" S'HAMPTON HAMBURG B'HAVEN ROAM LHAVRE Benalder* 96/596 12/8 Via Las 29/8 1/9 3/9 Kowtoon Bay+ 96/595 16/8 10/9
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      Page 35 Advertisements Column 3
      332 35 M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen MYOMAYWA VI29W in pt MPA-AN VIS3W 14/16 AUG PATHEIN VIO4W 16/18 AUG PAGAN VI6OW 22/24 AUG MERGUI VIOIW 30/1 SEP MYOMAYWA VI3OW M/ 07 SEP %a> THE BAHKUHt (A Mrvic* of Andrew Weir Shipping) SEMI-CONTAINER
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      Page 38 Advertisements Column 1
      824 38 yansß-iiNFSj^ INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG RST T. WENDA (W 17/8 7/4 8/4 10/4 12/4 AMERICAN SEN WFO34 21/8 13/1 14/9 15/4 17/4 18/4 0. GROTEWOHI SflO WW- 23/4 25/4 28/4 EUROPEAN SEN WFO37 1/4
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      Page 38 Advertisements Column 2
      1109 38 ouw cowiUMTiw jagg it FAR EAST PORT KELANG 17/8 24/8 MANILA 18/8 25/8 PENANG 17/8 24/8 BUSAN 19/8 26/8 BANGKOK 18/8 23/8 TOKYO 16/8 23/8 HONG KONG 19/8 23/8 YOKOHAMA 16/8 23/8 KAOHSIUNG 19/8 26/8 KOBE 16/8 23/8 KEELUNG 19/8 26/8 JAKARTA 19/8 26/8 SRI LANKA INDIA CHITTAGONG 21/8 29/8
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      Page 38 Advertisements Column 3
      364 38 LOADINC FOR LOADING FOR BUENOS AIRES VESSEL SPORE CBO MN (AIRES MVIOEO RIO ITS VIT PAGUA HOST WEEN I 17* 22*2/1— U*IWI— M* VMML2 •M. SAIANA ll* V) IM M V» W0- HM VJSBSU C ISABEL V» 12/ M 21/10 Sfll Ml I*ll VMKI ■OSTWEEN I 14/11 22/11 2/12 U/12
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      Page 38 Advertisements Column 4
      1427 38 *ltH ta a m. c 'ga v Ar CHINA OCEAN SHIPPING COMPANY 2, MISTRI ROAD, HMC BUILDING TEL: *****00 #15-00, SINGAPORE 0207 FULL CONTAINER LINER SERVICE TELEX: RS awo COSHIP CR NO: **********0* FAX: 22CUGC General Agents: COST AH MUFFINS Pl* LTD "»««une 70BUR0M j VESSEL/VOY 1 SCP rut WOT
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      Page 39 Advertisements Column 1
      781 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 t Competitive Rates!! ETA USA All IPI Destns 17/8, 24/8 I EUROPE all Ports 18/8, 25/8 BANGKOK 18/8, 22/8 HONGKONG/CHINA 15/8, 17/8 SYD, MEL, ADEL, BRIS 15/8, 19/8 FREMANTLE 17/8, 25/8 MANILA 17/8, 24/8 PKLG/PENANG 19/8, 27/8 Port K slang Branch Tal: *****21/2/3
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      Page 39 Advertisements Column 2
      255 39 S"R!CHF!ELD MARINE AGENCIES (S) PTE LTD Sk TEL: *****33 (12 Unas) m FAX: *****15/*****03 PC) TELEX: RS ***** RISHIP (3 Lines) Pf\ ETHIOPIAN SHIPPING LINES 4 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOAOING FOR SPORE ABBAY WOHZ 25W8 22/08 OARESSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA HOOEIOAH
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      Page 39 Advertisements Column 3
      809 39 taan.PT. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INOONCSIA BCRVJCE VSL VOY SIN JKT PAJ SIN
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      Page 39 Advertisements Column 4
      596 39 BANGKOK CEBU/MANILA rem Ivoy swwow miumk mm t*v MAHA BHUM 22W WM 15* Sit gj» SO OOIEIIT 33« 17* 23* 2i* MEKHAWIK KURAKO 22* Thur 16* Sun 10* AKA BHUM 34S 24* l/» WANT A BHUM 02W Fri 17* Mow 20* SO ORIENT 3* Wt ift 7fl SOI BHUM 4tON
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      Page 39 Advertisements Column 5
      303 39 TO AUSTRALIA/NEW ZEALAND c vcmuk si" 1m m wi 55 m antwikii w aji m "ii 5» w tut antes» aw vji 55 55 u/w 155 lS is u/5 *5 am a7m n/5 vu 7 DATS TO FKBMANTLBt TO USA/CANADA Wl jtmppin In Or*—« Ittflti IIWM Twsotirsrsii an uo» 55
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      Page 40 Advertisements Column 1
      1293 40 MAC-NELS SINGAPORE I EVHT tel UKOZZ IHMIT TO: MIMM PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 -K-A V J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 > JAKARTA
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      Page 40 Advertisements Column 2
      500 40 BLUE STAR LINE SINGAPORE TO jjNEW 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 II PtY AUCK LYT MULBERA IK 22 Auf 3 Sep Via NPt 5 S*P
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      Page 40 Advertisements Column 3
      870 40 Jgm THONG SOON LINES PTE. LTD. j 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fa* No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH [[I [IB I gga jj ETI KIT IUSEL W ETI KIT KIM SOON LI
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      Page 40 Advertisements Column 4
      295 40 tlflßH IKANIAW «E»VICE I Sing*port Lojdlnf tar- I IRAN SALEM IN PORT Bandar Afeat 1 I (RtottaMl Um Of Ifrtcti IX NOT CMST/MBOCB/CBITML AMERICA Cnrr/UNBI SERVICE HKG IJ EMOIAOA LCAUCNM IC«U MKAMUO mjucavm u« 25 us uin an a£ BOHOOSVII 2M W» Ado accepting to attar Mexican dntinatmns oI ■tskali.
      295 words
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      Page 41 Advertisements Column 1
      698 41 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore ROSEEVERETT 19/21 Aug 22/23 Aug SHAPLAEVERETT 25/27 Aug 28/29 Aug MURRAYEVERETT 11/13 Sept 14/15 Sept "EVERETT ORIENT LINE" JAPAN/BAY
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      Page 41 Advertisements Column 2
      575 41 si Ivot b'poot htAimiwew [lax Ikst Isav Iwyc Ihfx "So«ii iIT i4/t m uvo«*o w M w w 2/10 elat sot an m a»oa m/i yit «h iih liju 2IM SINGAPORE JSC 30/1 2IM aMO A 24/1 3/10 1/10 1/10 10/10 LEEWARD 4£ 12/5 ZIM IBERIA f/10 15/10 11/10 20/10
      575 words
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      Page 41 Advertisements Column 3
      596 41 USING KWANG HANG ■■nn thamkmtatkm <rri) ltd WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 15/8 18/8 JEMWEL '8 8 I I 21 8 VESSEL S PORE BANGKOK A VESSEL 15/8 18/8 A VESSEL 18/8 21/8 1 DESTINATIONS ETA SINGAPORE PORT KELANG 17 AUG MANILA 22 AUG HONG KONG.
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      Page 41 Advertisements Column 4
      519 41 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOY SIN JKT SBY POHTIANAK* PELOPOR 954 12/08 15/06 TANTO SEJATI II 15/08 18/08 PELOPOR 955 18/08 21/08 TANTO SEJATI 13 22/08 25/08 PELOPOR 956 25/08 28/08 TANTO UTAMA 97 17/08 20/08 TANTO UTAMA 99 24/08 27/08 TANTO
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      Page 41 Advertisements Column 5
      423 41 SIN FAIEAIT 19/8 KEELUNG/KAOHSIUNG 19/8 BANGKOK 21/8 MANILA/CEBU 18/8 JAKARTA/BELAWAN/SURABAYA 17/8 PORT KELANG/PENANG/E. Malaysia 20/8 BUSAN 19/8 TOKYO/YOKO/KOBE/NGO/OSA 15/8 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EURBPE/UK 18/8 LDN/FLX/LVP/SOU 18/8 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Mungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANAIA 18/8 LOS ANGELES/NEW YORK all IPI points 20/8
      423 words
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      Page 42 Advertisements Column 1
      416 42 GB SHIPPING MARINE SERVICES QUEENSLAND/PAPUA NEW GUINEA SERVICES CONT AINER/LCL/BREAK BULK SERVICE "ANKE" SERVICE SPE LAE MISIMA POM. 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 BOTHiWt ACCEPTED FOR EAST KAUMATAN Al m«Ms «rt wtlcit. PLATOU PACIFIC I V I SHIPPING SERVICES REGULAR FAR
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      Page 42 Advertisements Column 2
      698 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICMEVSK MERSIN TRIESTE A.N Vl3-90W 17/8/90 12/9/90 2/9/90 7/9/90 B.A V.14CW90 16/8/90 31/8/90 10/9/90 15/9/90 N.C V.14-90W 20/8/90 16/9/90 6/9/90 K S V 15-90W 31/8/90 30/9/90 19/9/90 25/9/90 GM VI6CW9O 9/9/90 1/10/90 3/10/90 8/10/90 VV V 16-90W 11/9/90 9/10/90 28/9/90
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      Page 42 Advertisements Column 3
      766 42 *OcEnnSERVicE j LCL/FCL TO/FROM £lp jO PENANG —KL: allied-LINK SINGAPORE: /£Z22&' 03-*****55 778 6522(22 LINES) V Msrlns Ottfl Smmr N|/CMiMh CM— Mkt YteMm Ym FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 13NB 22/6 p VIGOUR PACriC 14NB 2/6 Z JAKARTA 16/8 17/8 SURABAYA 16/8 20/8 I BANGKOK 15/8 17/8 BUSAN 18/8
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      421 43 TIDES AND WEATHER TODAYS TIDES (height in metres) HOt MM 0100 0200 0300 MOO 0500 «00 *****100 0900 1000 UMI2M *****4 M ISM ICOOI7MIOMIMO 20M21M22M23M JR 12 1.8 13 2.5 2.5 22 1.7 11 0.9 0.7 0.7 0.9 1.3 1.9 2.5 2.7 2.7 2.5 2.0 15 LO 17 Of 05
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      Page 44 Advertisements Column 1
      431 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK 7WN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P BAHRU JAMBI TBN 15/8 INDONESIA COLOMBO
      431 words
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      Page 44 Advertisements Column 2
      704 44 /HYUNDAI MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI COMMANDER 19E 11/08 16/08 04/09 07/09 09/09 08/09 HYUNDAI CHALLENGER 34W 02/07 05/07 0807 26/07 04/08 HYUNDAI PIONEER 34E 18/08 23/08
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      Page 44 Advertisements Column 3
      597 44 CHARTPOINTI Every Saturday in Business Times pv /> v> Mi t d FULL CONTAINER UK/CONTINENT (TRIO) KOW.OON BAT TOKYO IAT OS*JU SAY SPORC S TOW H'BURC BHAVEN R DM L£N IK w 5 i at vh UA 1H IM 1M I Acnpbui Cwgi f tr. ir| to C»iito»»»ii, Aartiu*. MEDITERRANEAN
      597 words