The Business Times, 14 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 Tuesday August 14 1990 75*
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  • NEWS SUMMARY
    • Article
      Telecom's $126m plan
      29 1 SINGAPORE Telecom will initially invest $126 m in the first phase of an ambitious plan to make Singapore a major player in global telecommunications Page 2
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    • Article
      KLCE includes S'pore
      31 1 THE KUALA Lumpur Commodity Exchange will include Singapore as a delivery point for cocoa beans under its cocoa futures contract from the beginning of next year. Page 2
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    • Article
      China still favours HK
      33 1 SOUTH-EAST ASIAN businessmen expect Hongkong to maintain its position as the world's leading centre for China trade after Beijing's resumption of sovereignty over the colony in 1997 Page 7
      33 words
    • Article
      Set for overhaul
      43 1 THE Soviet government is preparing to undertake within a few months a massive structural overhaul of the Soviet economy that will require the dismantling of the state monopoly to make way for the laws of the free market Page 8
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    • Article
      Shock manageable
      41 1 THE JUMP IN oil prices and drop in supplies stemming from Iraq's invasion of Kuwait will do far less damage to the world's economy than did the 1973 and 1979 oil shocks, economists and energy experts say Page 9
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    • Article
      Master of the bizarre
      33 1 FOUR films and a hit television series have established David Lynch as the reigning master of locating the bizarre, the surreal and the disturbing in American life Page 15
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    • Article
      Higer costs expected
      36 1 SHIPPING COSTS from Singapore are expected to rise sharply as major liner consortiums impose surcharges to offset increases in bunker costs following the recent surge in crude oil prices. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Tokyo the costliest office market
      106 1 TOKYO is still the world's most expensive office market, followed by London and Hongkong, according to an international office rentals survey published in Hongkong yesterday. While Paris appeared set to overtake Hongkong, Singapore has made a dramatic leap to fifth place from its 10th ranking
      106 words
    • Article
      Strawberry picking
      12 1 GUESS who's going to pick Strawberry at the Park? Page
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    • Article
      Back to class
      17 1 GENTING chairman's son quits the boardroom to go back to the classroom Page 3
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    • Article
      Engulfing problem
      18 1 WHY it's not enough to end the Gulf crisis to boost stock market sentiment Page 3
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    • Article
      Higher rates needed
      39 1 INTEREST rates would almost certainly need to be increased to reduce inflationary effects of any New Zealand dollar depreciation. Reserve Bank governor Don Brash said in a statement explaining the central bank's monetary policy Page 6
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    • Article
      STOCK INDICES
      29 1 Monday Change BT-MGA 675.62 -32.32 Kuala Lumpur ....548.73 -15.03 Hongkong 3,040.28 -38.69 Tokyo 26,176.43 -1,153.12 Sydney 1,554.0 -14.8 Friday Change New York 2,716.58 -42.33 London 2,233.80 -11.10
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    • Article
      CURRENCIES
      20 1 Exchange rates us$ S$ 1.8005 Yen SSI.1959 M$ SS0.6675 Money market rates Overnight 6 +1/4 3-month 6 3/4 +1/8
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    • Article
      COMMODITIES
      35 1 London GoM PM fix US$404.30 US$14.95 Rubber S'pore Sep.... 156.75'/kg unch M'sia Sep M234.50 '/kg unch KL Tin Turnover tonnes Spot M$15.94/kg unch Crude palm oil Turnover 793 lots -179 Aug M$680 /tonne +2
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  • Article, Illustration
    STII dives by 55 points, extending losses to 17pc
    439 1 Impact of Iraq's invasion of Kuwait SHARE PRICES in Singapore continued to plunge yesterday, with the Straits Times industrial index diving by another 54.77 points to bring its losses since Iraq's invasion of Kuwait to more than 17 per cent. The
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  • Article
    Lock icon Dow sharply lower
    42 1 Reuter, AP THE Dow Jones average of 30 industrial stocks fell 24.25 to 2,***** in the first half hour of trading yesterday. In London, the FTSE 100-share index was down 21.1 points to 2,212.7 at 1117 GMT. Renter, AP
    Reuter,; AP  -  42 words
  • Article
    Lock icon US continues military build-up
    433 1 Agencies THE UNITED STATES added muscle to its land, air and sea forces in the Middle East yesterday and a US official said the military was ready to use firepower if necessary to blockade shipping to and from Iraq. The armada now converging on the Gulf
    Agencies  -  433 words
  • Article
    Shell and Caltex take the lead in raising pump prices
    284 1  -  By Lilian Ang TWO OIL MAJORS, Shell and Caltex, have taken the lead in raising pump prices by about 11 cents per litre, in the highest increase since last December's deregulation move by the government. The higher prices, effective today,
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  • Article
    Trade board to gauge effect of sanctions
    385 1  -  By Lilian Ang, Anne Lee THE Trade Development Board (TDB) is sounding out businessmen on how last week's United Nations-initi-ated trade ban on Iraq and Kuwait will affect their trading activities. The move, to give feedback to the Trade and Industry Ministry, is
    385 words
  • Article, Illustration
    Simex, CME working on Globex problem
    558 1  -  From Soh Tiang Keng in Chicago THE CHICAGO Mercantile Exchange (CME) is trying to resolve the potential problem of Globex the screenbased electronic trading system competing with the mutual offset system it shares with the Singapore International Monetary Exchange. CME chairman John Geldermann told
    558 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      241 1 Nikon The World s Finest Photographic System. CAREFUL NOW, DON'T BLOW IT AMERICA 10 FERTILISER FOR AFRICA'S CROPS 11 JOHNNY WITH THE GLOBAL VISION 12 Aircraft Schedule 25 Money Changer Rates 25 World News 8, 9 Commodities 24 Money Market 23 Cryptic Crossword 25 Regional News 7 Editorial 10 Regional
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      Page 1 Advertisements Column 2
      67 1 Gulf tension masks markets' more serious problems, P«3 Oil shock manageable headed for decline, Pg 9 O Don't blow it, America, Pg 10 Tanker industry in turmoil, Shipping Times, Pg 18 ====aaM SIGN jjj nt•/ PASHA MUST VENDOME mdldeGarUer ftjnj mu/t" de Cartier Boutique/ SINGAPORE #01 -36, Lucky Plaza, 304
      67 words
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      6 1 Nikon The World's Finest Photographic System.
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        President, PM accept China's invitations
        83 2 PRESIDENT Wee Kim Wee and Prime Minister Lee Kuan Yew have accepted invitations to visit China, the governments of Singapore and the People's Republic of China said in a joint statement yesterday following the departure of Premier Li Peng after a three-day visit. Premier Li
        83 words
      • Article
        More Ngee Ann graduates
        74 2 A TOTAL of 3,574 students will be graduating at Ngee Ann Polytechnic's 9th Graduation Ceremony this year. This figure, the largest so far, is almost four times that of 928 in 1982 when the institution first became a Polytechnic. A statement from Ngee Ann Polytechnic said
        74 words
      • Article
        Institute to hold IT seminar
        69 2 THE JAPAN-SINGAPORE Institute of Software Technology will be organising a seminar on the globalisation of the information technology industry in the Asia-Pacific region. The institute has invited prominent speakers from Singapore, Malaysia and Japan to share their views on the topic. The seminar also aims
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      • Article
        System Software appointment
        61 2 SYSTEM SOFTWARE ASSOCIATES, one of the world's largest IBM AS/400 software companies, has appointed Mr Tham Chaik Ming as its director of product services. The company said the appointment was part of its on-going efforts to provide comprehensive support throughout the region. Mr Tham will head SSA's
        61 words
      • Article
        Film classification system
        65 2 THE BOARD of Film Censors is studying the possibility of introducing a film classification system similar to those in the US and Britain. The system, however, will not result in stricter film censorship but will serve as a helpful guide for viewers in their choice of films
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      • Article
        Yock Suan to visit NEC
        62 2 LEE YOCK SUAN, the Minister for Labour, will be the guest of honour at NEC Electronics Singapore's National Day Observance Ceremony today. The occasion also marks the company's 14th anniversary here. At the ceremony, T Kuniyoshi, managing director of the company, will present a cheque
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    • Article, Illustration
      Lock icon Telecom to invest US$70m in phase one of Aspac-Kyutai cable
      340 2  -  By Suzanne Soh SINGAPORE TELECOM will initially invest US$7O million ($126 million) in the first phase of an ambitious plan to make Singapore a major player in global telecommunications. A memorandum of understanding (MOU) was signed yesterday by nine private
      Source: To  -  340 words
    • Article
      S'pore to be a delivery point for cocoa beans: KLCE
      325 2  -  By David Chew THE KUALA Lumpur Commodity Exchange (KLCE) will include Singapore as a delivery point for cocoa beans under its cocoa futures contract from the beginning of next year. The Republic will be the KLCE's fourth deliveiy point for
      325 words
    • Article
      Training helps keep S'pore at the top
      237 2 A CONTINUED emphasis on training and the need for maintaining a harmonious industrial climate were the major issues raised at yesterday's National Day observance ceremonies. Speaking at National Semiconductor, Mrs Yu-Foo Yee Shoon, assistant secretary general of the National Trades Union Congress, reminded
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    • Article, Illustration
      Moses Lee to join SBC as general manager
      208 2 MOSES Lee Kim Poo, the Prime Minister's Principal Private Secretary, will replace veteran administrator Mrs Wong-Lee Siok Tin as general manager of the Singapore Broadcasting Corporation from next year. A brief SBC statement yesterday said Mr Lee, 38, and the Premier's PPS
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      155 2 CHARTPOINT Every Saturday in Business Times Innovations In Real-Time Market Quotations Affordable, Reliable Market Information. Real-Time Anytime. Anywhere. W f In today's markets, the difference between profits f and losses can often be measured in seconds. tf reaJV time charting is your need, Com Stock supplies data for software padres
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      Page 2 Advertisements Column 2
      145 2 "Take me away from all of this." To take over or not to take over; that was the question. And the reason why every company report since 1869 was on his desk. Figures danced in his head, hunger rumbled in his stomach. He could only make one decision right now.
      145 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Lock icon Metroplex plans to take over Strawberry Park
      494 3 NST. PROPERTY GROUP Metroplex Bhd has received an offer to acquire Strawberry Park Resort Sdn Bhd, the operator of a holiday resort in Cameron Highlands, for Ms3o million. The offer was made by CCA Holdings Sdn Bhd which owns a 40 per cent
      NST.  -  494 words
    • Article
      Lock icon Founder's son quits Genting group of companies
      395 3 NST THE GENTING group, which celebrates its 25th anniversary last Saturday, has announced the resignation of Lim Chee Wah, son of founder and chairman Tan Sri Lim Goh Tong, from the boards of three companies in the group's stable. Genting said Mr Lim
      NST  -  395 words
    • Article, Illustration
      Lock icon Gulf tension masks markets' more serious problems, say analysts
      797 3 MARKET TALK Reuter FEARS of Middle East conflict are dominating world stock markets these days, but even a resolution of the crisis is unlikely to sweep away other tough problems plaguing most of them, stock market analysts say. "Do not blame
      Reuter  -  797 words
    • Article
      Lock icon Sports Toto working out details of hotel
      280 3 Bernama SPORTS TOTO Malaysia Bhd is preparing details and concepts of its proposed Ms3l6 million luxury hotel and commercial development in Jalan Bukit Bintang in Kuala Lumpur, chairman Tan Sri Thong Yaw Hong disclosed yesterday. The group, which is diversifying into non-gaming activities,
      Bernama  -  280 words
    • Article
      Lock icon Renong wins approval to buy Fleet and Hatibudi
      480 3 Bernama RENONG Bhd has secured all the necessary approvals from the government authorities for its proposed acquisitions of two investment holding companies Fleet Group Sdn Bhd and Hatibudi Nominees Sdn Bhd. These acquisitions would in turn enable Renong to have equity interest
      Bernama  -  480 words
    • Article
      Singatronics half-year profits up 66pc to $3.79 million
      313 3  -  By Conrad Raj AIDED BY stronger earnings from associated companies Sesdaq counter Singatronics appears to be on the recovery path following a drop in profits last year. For the six months to end June, the group's bottom line rose 66 per cent
      313 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      291 3 i i t K m I A futuristic interpretation of a legendary design: The Movado® Sapphire Museum® Watch. The famous Museum dot dial represents the quintessence of the modern design movement. Simple, functional, tasteful. Yet, the Movado Sapphire Museum Watch has a stark, dramatic look that delineates it as unique
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Placer strikes gold
        88 4 PLACER PACIFIC Ltd said it has made a significant copper and gold discovery at a deposit about 230 km south-east of Mount Isa in north-west Queensland. It said drilling at the Osborne deposit in the Trough Tank tenements had shown an indicated resource of 13.6 million tonnes
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      • Article
        'Clawback' clause in Synfuel sale
        103 4 THE NEW Zealand government has revealed details of a "clawback" clause in the sale of its 75 per cent stake in the Synfuel gas-to-gasoline plant to Fletcher Challenge Ltd unit Petroleum Corp of New Zealand Ltd. The clause is aimed at recouping some of the
        103 words
      • Article
        HK to get paperless trading
        54 4 HONGKONG will pilot its system of "paperless trading next year, the South China Morning Post reported. Tradelink, a consortium of 11 business organisations, worked with the government to develop the HK$9 million project for electronic data interchange (SPEDI) for standardised communication between trading partners, government
        54 words
      • Article
        No breach of takeover code
        85 4 HONGKONG'S Securities and Futures Commission (SFC) has ruled that Teletech International Holdings 1 move to seek an injunction against Swilynn's takeover bid did not breach the stock exchange's Code on Takeovers and Mergers, the South China Morning Post said. Swilynn International Holdings told the SFC
        85 words
    • Article
      Lock icon Tokyo to investigate trading in Calpis shares
      259 4 Reuter THE Tokyo Stock Exchange (TSE) will investigate the possible insider trading of shares in soft-drink maker Calpis Food Industry Co Ltd, according to the Nihon Keizai Shimbun and other Japanese newspapers yesterday. A TSE official would not confirm or deny the reports.
      Reuter  -  259 words
    • Article
      Swiss Hotels wins Thai contract
      322 4 SWISS HOTELS, a SwissHongkong joint venture, has won a contract to manage three Sukhumvit hotels for budget-conscious travellers, the Bangkok Post has reported. Swiss Hotels' executive Hans Elsener said the three hotels Swiss Park, Swiss Garden and Swiss Court are along Sukhumvit Road near the
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    • Article
      Lock icon Lepanto's interim income falls 14pc
      275 4 AFP LEPANTO Consolidated Mining Corp, one of the Philippines' biggest mining firms, suffered a 14 per cent drop in its consolidated net income for the first half of 1990, officials said in Manila yesterday. Lepanto's consolidated net income hit 95.4 million pesos (US$4.O6 million) for
      AFP  -  275 words
    • Article
      Profit slips at Hongkong and Shanghai Hotels
      456 4 HONGKONG and Shanghai Hotels, which runs the Peninsula Hotels, has reported a S per cent drop in attributable profit to HK5157 million for the six months ended June 30. And while turnover grew 23 per cent to HK$B26 million, the group did not
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    • Article
      Lock icon Tokyo firms in Turkish power plant venture
      178 4 Reuter EIGHT Japanese firms will set up a venture in Turkey next month to prepare for the construction of a 150-billion-yen coal power plant, said a spokesman for Electric Power Development Co Ltd, one of the participants. The venture is to be capitalised
      Reuter  -  178 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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      Page 4 Advertisements Column 2
      19 4 A Challenger Company 120 Tanjong Rhu Road #04-00 Khong Guan Building 1 Singapore 1543 Tel: 447 4822 Fax:6s-345 5072
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Warburg ready to advise on PowerGen buyout: report
      366 5 Reuter MERCHANT bank S G Warburg group is prepared to act as adviser to a Power Gen management group which is considering a buyout of the state-owned electricity company, according to British newspaper reports. Power Gen chairman Robert Malpas told UK Energy
      Reuter  -  366 words
    • Article, Illustration
      Lock icon Polly Peck chief may bid for firm
      425 5 Reuter POLLY PECK shares stood 7.6 per cent higher at 423p in early trading yesterday in reaction to news that the company's chairman and shareholder with the biggest stake, Asil Nadir, may bid for the fruit, electronics and leisure company. Analysts said Mr
      Reuter  -  425 words
    • Article
      Lock icon Formica: A household name given the slip by its competitor
      567 5 NYT NO COMPANY likes to be knocked off the mountaintop by competitors, but the experience is especially galling if that mountain bears the company's name. Consider the case of the Formica Corp, whose name is to laminated plastic countertops what
      NYT  -  567 words
    • COMPANY BRIEFS
      • Article
        Sears chief told to improve or quit
        99 5 THE BOARD of directors of Scars, Roebuck A Co told chairman Edward Brennan last week he has six months to post significant gains in retail operations or face a move to oust him from the company. Crain's Chicago Business, citing board members who
        99 words
      • Article
        Macy may mortgage warehouses
        82 5 R H MACY Co Inc is considering mortgaging its warehouse and distribution centres and has picked Manufacturers Hanover Corp to try to arrange that, a Macy spokeswoman said. "Macy's has done this before with store divisions,'* the spokeswoman said. Proceeds from the mortgaging could be in
        82 words
      • Article
        Reorganisation at ad agency
        78 5 CHI AT/DAY/MOJO last week said it has reorganised die top management at the troubled office. Stung by substantial account losses in the last six months, Bob Wolf, the chairman and chief executive of Chiat/Day's North American operations, said Robert Perkins had been named president and chief
        78 words
      • Article
        Cap Gemini buys more shares
        67 5 FRENCH software and computer services firm Cap Gemini Sogeti will continue to snap up shares in London-quoted Sema Group, but will only decide whether to launch a full takeover bid once it has 29.9 per cent. The French firm owns 27 per cent of Sema
        67 words
      • Article
        Sluggish growth for UK retailers
        95 5 UK RETAILERS are continuing to report sluggish sales growth in line with the slowdown in the economy as a whole, according to the Confederation of British Industry (CBI). The CBI said Britain's economic slowdown is having a "pervasive impact" throughout the distributive trades. Retailers expect
        95 words
      • Article
        Shearson sale completed
        65 5 AMERICAN EXPRESS CO said it has completed the previously-announced acquisition of Shearson Lehman Brothers Holdings Inc following shareholder approval on Aug 9, in an exchange of 0.48 American Express common share for each Shearson share. American Express said it has also received US$3OO million on closing of
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      270 5 I Canon A filing system so revolutionary, it fits neatly anywhere. Saves space I Stores 13,000 pages or 65 arch I files* in a compact 13cm(5.25") disk, I either I erasable or I non-erasable I mode. And M\ I enables ipj I to retrieve j I documents I in as
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      Page 5 Advertisements Column 2
      114 5 :<*JJ f w H» I a r 11| TAT Tfcl Have vou ironed out that problem with the suit.' At The VVcstin Pkza, -r« s«r C! M mnnro Dld thal fax go off last night? t Executh<f Centre: "Yes Ma'am." we only employ Yes-Men. '^Z'ZZ'™"£- upfor omo TOVS Were vou
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        OCBC raises prime rate
        75 6 OCBC BANK has become the last of the Big Four local banks to raise its prime lending rate by half a point to 7.5 per cent. It has also jacked up its fixed deposit rates by one-quar-ter to one-half of a point across the board; the
        75 words
      • Article
        Deutsche, UBS, DKB withdraw
        98 6 THREE of the original shareholders of London's last remaining Latin American consortium bank, International Mexican Bank Ltd (Intermex), have withdrawn from the bank's Luxembourg holding company, Intermex said. Deutsche Bank AG, Union Bank of Switzerland antfr Dai-Ichi Kangyo Bank Ltd; with a combined holding of 29
        98 words
      • Article
        Banks state UAL interests
        69 6 THREE banks that affirmed interests in lending to the proposed US$4.4 billion employee buyout of UAL Corp may be joined soon by at least four other financial institutions, according to Grain's Chicago Business in its August 13 edition. Citing unidentified sources, the report said the three
        69 words
    • Article, Illustration
      Lock icon Higher rates needed to stem inflation: NZ central bank
      325 6 Reuter INTEREST RATES would almost certainly need to be increased to reduce inflationary effects of any New Zealand dollar depreciation, Reserve Bank governor Don Brash said in a statement explaining the central bank's monetary policy. "It should perhaps be noted that
      Reuter  -  325 words
    • Article
      Lock icon India opts for steady depreciation of rupee
      502 6 Reuter INDIA is allowing the rupee to depreciate steadily because it needs a big increase in exports to relieve severe strains on its balance of payments, foreign exchange dealers say. But Finance Minister Madhu Dandavate has ruled out floating the rupee, saying the
      Reuter  -  502 words
    • Article
      Platts to launch on-line service
      126 6 THE "LIVE" information services market will see a new entrant today with energy information supplier, Platts, launching its new on-line service for the Asia Pacific region. The range of on-line services will be launched in Singapore by Commodity Quotations Inc, a subsidiary of multi-media publishing
      126 words
    • Article
      Lock icon Moody lowers ratings of two Japanese banks
      286 6 AFP MOODY'S Investors Services Inc said yesterday it had cut its credit ratings for Japan's Dai-Ichi Kangyo Bank Ltd (DKB) and Fuji Bank Ltd, citing low profits and excessive lending to the real-estate sector. The downgrading of the world's biggest and fourthbiggest banks
      AFP  -  286 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 2
      166 6 I Bloomberg FINANCIAL MARKET We are pleased to announce the opening of our office in SINGAPORE Mark S. Daiiey General Manager BLOOMBERG L.P. 36F, HONG LEONG BUILDING 16 RAFFLES QUAY SINGAPORE 0104 TEL (65) 226 3000 FAX (65) 321 8996 NEW YORK PRINCETON LONDON TOKYO SYDNEY SINGAPORE THE COMPUTER-BASED SERVICE
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon HK still seen as centre for China trade after 1997
      481 7 Reuter BUSINESSMEN in Southeast Asia expect Hongkong to maintain its position as the world's leading centre for China trade after Beijing's resumption of sovereignty over the colony in 1997. Traders in Malaysia, Thailand and Singapore estimate that between 80 per
      Reuter  -  481 words
    • Article
      Lock icon Keating expected to present tough budget
      362 7 AFP AUSTRALIAN Treasurer Paul Keating must play Scrooge and deliver a tough budget next week to allow cuts in interest rates to ease pressure on the battered manufacturing and retail sectors, economists say. A tight-fisted budget would restrain overall economic growth and provide scope
      AFP  -  362 words
    • Article
      Lock icon US forces sold illegal weapons: report
      111 7 AFP MILLIONS OF dollars worth of ammunition and explosives on Thailand's black market may have come from illegal US stockpiles in South-east Asia, a US newspaper reported on Sunday. US Army Special Forces "Green Berets" experts in unconventional warfare illegally stockpiled millions of dollars
      AFP  -  111 words
    • Article, Illustration
      Lock icon New Proton Saga makes heads turn
      51 7 AP MALAYSIAN-MADE Proton Saga, a new limousine model, running on two wheels in front of Clock Tower, Knala Lumpur's landmark, during n demonstration run on Sunday. The national car sells for M 569,000 and is manufactured under a joint venture with Japan's Mitsubishi Corp.
      AP  -  51 words
    • Article
      Lock icon China makes bid for share of explosives markets
      174 7 AFP CHINA is trying to make a name for itself on the world explosives market by exporting technology and equipment, 2,000 years after it invented gunpowder, the China Daily said on Sunday. Negotiations have begun with several foreign companies for transferring Chinese
      AFP  -  174 words
    • NOTE BOOK
      • Article
        Benazir's associates arrested
        67 7 PAKISTANI AUTHORITIES arrested five associates of ousted Prime Minister Benazir Bhutto, the first cases in what is expected to be an investigation of high-level corruption m her government, police said on Sunday. Arrest orders also were issued for a sixth person, believed to be in hiding, police
        67 words
      • Article
        KL-Jakarta research effort
        62 7 INDONESIA and Malaysia will launch a joint research programme on social problems in the two South-east Asian Nations, Education Minister Anwar Ibrahim said yesterday. Several hundred academicians and government officials from the two nations will research illegal drugs, health and employment issues and other problems in the
        62 words
      • Article
        Manila fears coup attempt
        94 7 THE PHILIPPINE Armed Forces chief said yesterday that enemies of the government might exploit oil price increases which are expected to be introduced because of the Gulf crisis. But General Renato De Villa said troops were alert against any attempt at destabilisation by rightwing rebel soldiers,
        94 words
      • Article
        Philippine inflation outlook
        100 7 THE PHILIPPINES' annual inflation rate could average 15 per cent in 1990 because of domestic problems and the Gulf crisis, the Business Star newspaper reported yesterday. Polling government and private economists, the daily said the inflation rate, currently approaching 13 per cent, was forecast to reach 17
        100 words
      • Article
        Officials favour new projects
        86 7 OFFICIALS IN CHINA, anxious for the kudos earned by starting new projects, are overspending on capital construction while neglecting to replace and repair existing machines, the Economic Information newspaper said. It said this has meant replacement investment in state-owned enterprises fell to 18.6 billion yuan in
        86 words
      • Article
        Environment centre for Beijing
        60 7 JAPAN WILL FUND an environmental research centre in Beijing to help China tackle its chronic pollution problem, government officials said yesterday. One official said a site had been chosen and construction was due to begin in the next fiscal year beginning in April 1991. The centre
        60 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      267 7 To Succeed In Property Transactions, Here Are Four Points To Watch. Agency Services. We don't work for our clients, but with them. This means understanding Valuations. The wide acceptance of our valuation reports by banks, financial institutions, our clients' needs. Whether it be in sales, leasing, local or overseas investments
      267 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Near full capacity in W German industry
        56 8 WEST GERMAN industry continues to work near full capacity to meet booming demand, a study by the Munich-based Ifo research institute said. Ifo, one of West Germany's five leading research institutes, said capacity use stood at 89.4 per cent in June, up slightly
        56 words
      • Article
        Soviet army gets Bonn offer
        89 8 THE Bonn government wants to let Soviet troops in East Germany take part in manoeuvres with an all-German army after unification, a newspaper reported on Sunday. The Berliner Morgenpost said the offer was contained in a proposal for a German-Soviet treaty on the stationing and
        89 words
      • Article
        Slower EC growth expected
        65 8 ECONOMIC GROWTH in the European Community (EC) will slow down to an average of about 2.8 per cent this year from 3.4 per cent in 1989, the Munich-based Ifo economic research institute said. Ifo, a West German representative in the European Economic Research and Advisory Consortium
        65 words
      • Article
        Channel tunnel hitch
        57 8 EUROTUNNEL, the Franco-British consortium responsible for building the Channel tunnel between England and France, said yesterday that it was having serious difficulties in raising £2 billion (U553.74 billion) required to complete the project. The financing is due to be completed in August, but so far only £1.1
        57 words
    • Article, Illustration
      Lock icon Moscow set for massive overhaul of economy
      582 8 AFP THE Soviet government is preparing to undertake within a few months a massive structural overhaul of the Soviet economy that will require the dismantling of the state monopoly to make way for the laws of the free market. President Mikhail Gorbachev has
      AFP  -  582 words
    • Article
      Lock icon United Germany cannot afford to move capital, says minister
      465 8 AP FINANCE MINISTER Theo Waigel has said that a united Germany cannot afford to move its working capital from Bonn to Berlin. "I need, at the moment, every mark for the people, for investments and not for showcase building," Waigel said
      AP  -  465 words
    • Article
      Lock icon Bonn helped with Berlin payments: Bundesbank
      343 8 Reuter THE West German government has already provided East Germany with a large short-term loan to enable the country to meet essential payments, the Bundesbank said in its latest monthly report. The loan helped contribute to a 30 per cent rise in Bonn's cash
      Reuter  -  343 words
    • Article
      Lock icon Present level of oil price shock looks manageable
      684 9 NYT THE JUMP IN oil prices and drop in supplies stemming from Iraq's invasion of Kuwait will do far less damage to the world's economy than did the 1973 and 1979 oil shocks, economists and energy experts say. Economists say that barring
      NYT  -  684 words
    • Article, Illustration
      Lock icon Dollar headed for a decline
      529 9 Impact of Iraq's invasion of Kuwait IHT LOOKING BEYOND the showdown with Iraq that may yet trigger a run into the dollar, analysts in the major financial centres are convinced that the US currency is headed for a decline. "There is a broad consensus that
      IHT  -  529 words
    • Article
      Lock icon Crisis set to reveal strength of Japanese economy
      233 9 IHT THE DEEPENING CRISIS in the Middle-East is likely to mark an important point of divergence for the economies of the US, Japan and West Germany, with Japan emerging as the clear front runner in coming months. As higher oil prices take
      IHT  -  233 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      111 8 >; i^ss y\ jS| M| v Well suited to the business pocket, f Unlike other luxury hotels that boast every luxury (at equally luxury prices), we believe that the Carlton is just right for the business traveller. That's because we're tailored to meet every business need, from a personalized business
      111 words
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      Page 8 Advertisements Column 2
      72 8 U5540,000,000 Negotiable Capped Floating Rata U.S. Dollar Certificate of Depoait due lat November, 1990 The Sanwa Bank Limited Singapore Branch In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 14th August, 1990 to Ist November, 1990 the Certificate will
      72 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      140 9 After wanted i 1 0 indulge myself for a job well done. Being the youngest person ever ted to my firm's achievement. And career symbolmy found follow Watch a tall order. Perhaps that was why my faithful secretary had recommended J v them to me. Being extremely about watch design
      140 words
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  • Article
    A trip to the future
    475 10 EDITORIAL CHINESE Premier Li Peng's visit to Singapore provided an interesting opportunity to hear at first hand the Beijing leadership's views on a host of issues, both bilateral and international. As for the first, it is good to know that diplomatic relations will be established
    475 words
  • WHAT THE OTHERS SAY
    • Article
      The law of the jungle
      220 10 IRAQ'S invasion of Kuwait has refocussed international attention on the basic issues of power politics. It provides an early warning to countries, especially small states, against becoming complacent in matters of defence. There is no gainsaying the fact that the law of the jungle still
      220 words
    • Article
      Faith, not guns, for now
      141 10 THE African National Congress's decision to suspend its armed campaign in South Africa is not supported by all young party radicals who have accused Nelson Mandela, their leader, of capitulation. The armed struggle to end apartheid has long been a source of friction between the
      141 words
    • Article
      China's role
      132 10 AFTER setting up diplomatic ties with Indonesia and Singapore, China should contribute more positively to the security and stability of the region. On the Cambodian conflict, China should get the Khmer Rouge to accept a peaceful settlement. Also, China has to strive to build on the foundation on
      132 words
  • REGIONAL VIEWPOINTS
    • Article
      Will good sense prevail?
      169 10 MALAYSIA this time is in a much better economic position to ward off much of the effects of the oil price increases. Prime Minister Datuk Seri Dr Mahathir Mohamad sees the oil price situation in a far broader context, saying that Malaysia prefers the level to
      169 words
    • Article
      There is a price to pay
      184 10 IT IS to be expected that Iraq will try very hard to find loopholes in the strangling blockade it is facing. Perhaps Iraqis will indeed achieve some modest success in obtaining weapons and acquire fresh ammunition supplies, or sell some of its crude oil
      184 words
    • Article
      The real dirty game
      146 10 THIS must not succeed. Iraq's invasion and annexation of Kuwait a free state whose sovereignty was recognised by Baghdad before the invasion and still is by the rest of the world must be exposed and condemned as unjustifiable aggression. The civilised nations of the world must
      146 words
  • Article, Illustration
    Lock icon Careful now, don't blow it America
    753 10  -  Saddam Hussein's supporters call him a new Nasser and see him reuniting the divided Arab world. Many approve of his aim to overthrow Kuwait's oil-rich rulers. William Pfaff feels this is a point that US policy-makers must consider carefully when sending troops and weapons
    IHT  -  753 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      155 10 Our formative years in the late ASIAPRINT Vestment. That's why Cyber will once 70's benefitted tremendously from again, beatAiiaPrint 91. Asia Print shows. It provided the best Asm Print 91 will te held joint y platform possible to unveil our products with Asia Pack 91 and AsiaPlas 91. If directly
      155 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      27 10 DOONESBURY BY GARRY TRUDEAU I 10U KNOHJ.J.J.,I DOU&T If THS N&A RBCONSIPBRS HHH IHd VEMM NO, ILL... VZS* ffiiuMXFS 6MNTS NO MATTER KVR* r6OTI U J.J./ mATTHCCHA^
      27 words
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  • ANALYSIS
    • Article
      Lock icon Some corporate soul-searching at Citicorp
      915 11  -  Citicorp went to extraordinary lengths, including the use of plain old corporate gobbledygook, to deny that its recent corporate snake-up amounted to a major reorganisation. Alan Friedman reports Alan Friedman FT IT IS NOT easy being Number One. Citicorp may be the leading commercial bank
      FT  -  915 words
    • Article, Illustration
      Lock icon Who will fertilise Africa's crops?
      1099 11  -  Africa depends on its various commodities to survive. But its share of world markets has fallen drastically and domestic food production is not keeping pace with rapid population growth. Malcolm Fraser feels that Africa deserves external support and could maximise its claim to additional resources
      IHT  -  1,099 words
    • Article
      Lock icon American consumers a resilient breed
      796 11  -  A national shock can make American consumers spend less. So far in 1990, that shock has not come, reports Louis Uchitelle. Louis Uchitelle NYT American consumers rarely cause a recession. Even when their incomes are barely rising, which is the case today, they somehow manage
      NYT  -  796 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      80 11 UP TO 60% ON ALL MISSONI, AUSTIN REED, PRINCIPE BY MARZOTTO, MR. VAN SUITS FROM $780 ONWARDS JACKETS FROM $390 ONWARDS SHIRTS FROM $75 ONWARDS TROUSERS FROM $150 ONWARDS TRAVEL WEAR FROM $128 ONWARDS TIE $45 BELT $44 CUMMERBAND $112 POLO-SHIRTS $58 (DISCOUNTED PRICE) EXCLUSIVELY AVAILABLE AT 03-18 DELFI ORCHARD
      80 words
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  • INNOVATION & TECHNOLOGY
    • Article
      TECH TAKES
      132 12 NEC SINGAPORE has clinched a $13.7 million contract to supply and install a computerised new identity card production system at the National Registration Department. It will be in place by this year-end. BG (Res) Tan Chin Tiong, permanent secretary of the Home Affairs Ministry, signed the contract with
      132 words
    • Article, Illustration
      Johnny with the global vision
      568 12  -  Claire Leow talks to Johnny Moo who received a national award for his IT contributions Claire Leow IN A MARK of recognition of the importance of information technology, Johnny Moo has become the first man to be awarded the Public Service Bar for his contributions
      568 words
    • Article
      IT Society seeking to ease mental bottleneck
      616 12  -  You can lead a horse to water, but... why is it that, although Information Technology (IT) sparkles with such promise, people are not lining up to drink its waters? Kenneth James looks at one volunteer group that's doing something aoout it. IT MATTERS
      616 words
    • Article
      Lock icon Weather satellite mirrors found to have flaws
      415 12 AP Mirrors being built for a US$747 million series of weather satellites have been found to warp and become useless in the temperature extremes of space, US officials said recently in Washington. The problem marks the second time in recent months that a
      AP  -  415 words
  • Page 12 Advertisements
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      587 12 GOOD IDEAS KEEP COMING UP Expanding software, m tataam functions.^ jjlj Business Cards Dictionary Cards \flßa i vw/ 1 3-Dimensional Spreadsheet .'---X'/la Thesaurus/Dictionary •Tune Expense Manager English to French Dictionary Money Planner En S lish t0 German Dictionary Business Finance En B lish to Chinese Dictionary Database Meino 128 KB
      587 words
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  • FOCUS
    • Article, Illustration
      Lock icon Playmates strikes gold with Turtle power
      959 13  -  The global craze for Ninja Turtle toys has transformed the fortunes of Hongkong's toy company. But how long can the craze last? Angus Foster reports. Angus Foster FT Doused with glowing mutagen, four I pet shop turtles learn the mysterious Japanese martial art of
      FT  -  959 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      298 13 GLOBALISATION OF IT INDUSTRY IN THE ASIA-PACIFIC REGION 4 September 1990 8.30 am 4.30pm Hotel New Otani Singapore Information Technology (IT) is a force to be reckoned with in today's dynamic global business environment. With the increasing globalisation in the use of IT for strategic business advantage in the *****,
      298 words
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      Page 13 Advertisements Column 2
      146 13 shhhbh|^M It takes a special grease to stand up to the extreme |SBB Not to mention first-rate rust protection, pressures experienced on the surface plates of fifth wheels. So if your grease isn t blue, maybe it s time As you can see, Mobilgrease HP looks nothing like an q
      146 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      272 14 WHERE TO WINE, DINE AND ENTERTAIN. ..WHERE TO WINE, PINE AND ENTERTAIN... WHERE TO WINE, DINE... w 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 j this refreshingly different style of cooking.
      272 words
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      Page 14 Advertisements Column 2
      376 14 A 9HRKUNG FORMATION APPEARS TONIGHT ABOVE scons RCKD —Wi at With its spectacular glavs frontage, the Canopy Bar lis the ideal place to see the star. It's alsolSingapore's newest and most exclusive rendezvous The Canopy Bar, upstairs at the Hyatt Kelantan Food Cultural Festival 6-18 AUG. Come discover Kelantan's exotic
      376 words
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      Page 14 Advertisements Column 3
      248 14 Cc/ejr'* tZ&- i^ur' Sky Garden Poolslde Daily: 6.30 10.30 pm Adult: $12.50 Child: $8 •Complimentary binhday cake htr a PLAZA HOTEL minimum of ten Please make tt reservations 4 day* In advance mm*—**-***** »s««i I -ass&S®^ I I Served nightly from 7.00pm $1030++ Child For reservations, oil 297 2828 Ext
      248 words
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      Page 14 Advertisements Column 4
      406 14 Saj/ cheese to I SWISS I The Swiss have such wonderful ways with cheese. Savour them I and more at The Belvedere's Swiss Buffet this month. J I. SWISS BUFFET LUNCH 4 I p. August 1 31, Noon 130 pm I' Adult: $36++, Child below 10: $18++ A 11 K
      406 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      585 14 TELEVISION AND RADIO -v «—PW" 'It'-I'""! Africa (See Our Choice). SJS Teday In History. BUSINESS ON RADIO T SBCtt' 12.30 AM Owe. COO News. covers uoom d wm 8.00 Calobratiaa Spacial Survival 5.45 P*A Kudumba Daapiai (T, r). Tlm 5.30pm, 3iSaai Financial News ■■KUUiSuiSiUfIH liUS& m G,ant °«er(See Our 8.25
      585 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Pushing America to the edge
      1151 15  -  Larry Rohter reports on a filmmaker who likes 'people in trouble, in darkness and confusion,' and makes movies about them Larry Rohter NYT FOUR FILMS and a hit television series have established David Lynch as the reigning master of locating the bizarre, the surreal and
      NYT  -  1,151 words
    • Article
      Lock icon The hard sell of sweet smell
      675 15  -  By Anthony Ramirez NYT THE HUMAN RACE may owe its rise to the survival of the foulest. Our hominid forebears, said Louis SB Leakey, the anthropologist, smelled so rank that hungry predators recoiled, allowing our unappetising species to flourish and invent civilisation. Brains and
      NYT  -  675 words
    • Article, Illustration
      Reagan blamed for dolphin slaughter
      615 15 CHATTERBOX PATTI DAVIS, a frequent critic of her father's government, blames the administration of former president Ronald Reagan for the slaughter of thousands of dolphins. In a report for the syndicated television series A Current Affair, Davis traces the slaughter of dolphins many caught in
      615 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      195 15 AND ENTERTAIN Tempting Treasures From Tm Deep. The tempting Fish and Oysters Promotion is on every night from August 7 to 25, at the Hubertus Grill. We guarantee you'll fall for it, hook, line and sinker! A® Century Park Sheraton Singapore 16 NASSIM HILL, SINGAPORE 1025. TEL: 732 1222. CENTURY
      195 words
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      Page 15 Advertisements Column 2
      162 15 *Tn fXI 1/ tk Restaurant and 1 Kv/lIV/i Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUIStNE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour A la carte/ Set Lunch/Set Dinner Fashion and Swimwear Every Tues, Wed, Thurs. Restaurant Hours Lunctu Karaoke Hours Mondays to Saturdays Daily: 1130 am to
      162 words
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  • SPORTS
    • Article, Illustration
      Lock icon Edberg demolishes Gilbert for ATP title
      708 16 AP STEFAN EDBERG, living up to his new No 1 tennis ranking, needed just 50 minutes to defeat Brad Gilbert in the final of the ATP Championship in Ohio on Sunday. Edberg, the top seed, rolled past Gilbert 6-1,6-1 in a re-match of last
      AP  -  708 words
    • Article, Illustration
      Lock icon Grady stands steady in victory
      572 16 AFP AUSTRALIAN Wayne Grady withstood the pressures of Shoal Creek, his pursuers and bad memories of the British Open to win the 72nd PGA Championship by a threeshot margin on Sunday. Grady, who led the tournament from the second round, shot a steady one-un-der-par 71
      AFP  -  572 words
    • SIDE LINES
      • Article
        Gerring wins second tournament
        98 16 CATHY GERRING won her second golf tournament of the year in Vermonth on Sunday when she holed a three-foot birdie putt to beat Caroline Keggi on the first hole of sudden death. Gerring, whose victory in the Lady Keystone Classic in June was the first of
        98 words
      • Article
        Courting Beckenbauer
        117 16 THE new president of the United States Soccer Federation said on Sunday that he would like former West German coach Franz Beckenbauer to become part of America's 1994 World Cup effort. Beckenbauer, the captain of West Germany's World Cup championship team in 1974 and a former star for
        117 words
      • Article
        Towards reunification
        85 16 THE president of the International Olympic Committee will meet the leaders of the East and West German Olympic organisations this week in Berlin to discuss continuing moves toward reunification of the two nations' teams. East German Olympic chief Joachim Weiskopf said the squads will most probably merge into
        85 words
      • Article
        Maradona returns
        80 16 ARGENTINE soccer star Diego Maradona returned to Italy on Sunday for the first time since the end of the World Cup but disappointed 300 of his fans awaiting him at the airport. Arriving from Miami after a change of planes in Paris, Maradona stepped off the Air France
        80 words
      • Article
        Maassen takes Belgian tour
        77 16 FRANS MAASSEN of the Netherlands won the Tour of Belgium cycle race for the second time in three years on Sunday. Maassen, the winner in 1988, started the day one second down on leader Adriano Baffl of Italy but took the lead with victory in the
        77 words
      • Article
        Boutsen wins Hungarian GP
        65 16 THIERRY BOUTSEN of Belgium stayed ahead of the bum-per-car race behind him and won a wire-to-wire victory on Sunday in the Hungarian Grand Prix. Boutsen withstood the pressure of Brazilian Aytron Senna over the last 13 laps to win by less than 20 metres with a
        65 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      21 16 <6>maruman Si i Sm Ifl I N I m I /<9 Strong Super Parsec Arable in IT &S" Shafts iB5O each
      21 words
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      Page 16 Advertisements Column 2
      42 16 MODEL *****07 2C91 oris Handwinding (Limited Edition) mail MARKETING AGENCY (SINGAPORE) PTE LTD A member of the Transmarco Group of Companies) Sole Agent Singapore Malaysia. Indonesia and Service Centre Outram Road #03-08 Tan Boon Liatßuilding. Singapore 0316 Tel (65) *****51 dealers 1
      42 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STI Index plummets another 54 points
      4622 17  -  By Abdul Hadhi AFFECTED BY increased tension in the Gulf and nervousness in major overseas markets, share prices in the Singapore stock market plunged again yesterday. Technical analysts and chartists have had a difficult time since Iraq's invasion of Kuwait as the indices have
      4,622 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3794 18 Main Board Gold Coin 170 +20 +13.3% Spore Fodder 150 +5 +3.4% LAM Loan 99 +1 +1.0% (JOB Loan 75% +¥> +0.7% s I s*" dob Ocntmgs 990 +15 +1 5% 4 <1*. M •<* 1*1 Main Board Gold Coin 170 +13.3% f20 Spore Fodder
    3,794 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Gulf tension continues to drag prices down
      3683 19 Bernama SHARE PRICES on the Kuala Lumpur stock market nosedived across the board yesterday on nervousness over the situation in the Gulf and in line with the sharp falls in Tokyo and other Far East bourses. The KLSE Composite Index closed 15.03 points,
      Bernama  -  3,683 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      228 19 AT SHERATON LITTLE THINGS MEAN A LOT •AT SHERATON LITTLE THINGS MEAN A LOT •AT SHERATON LITTLE < 5 z o H t/t 2 rn < > Z z IHIH ■HHHHHHHIHHHIHHHHIH x "IkN €r&*-M I BIT %a\ ir jrjMfAl ■jTUBi HHH^^Ho';^^^^H M vIPIWk <Aw9V9tfßVuKMi <lk > z When you visit
      228 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      177 20 fimnnr Date Ytar Groap Nat Nat earnings Gross ami to pr*flt/lMS (L) par slur* dMdand (•040) (canto) S HTP Hdgs Aug 3 Mar 90 $2.334($2,754l) 2.6(-) JCMPH Aug 3 Mar 90 $15.408($12.840) 8.5(7.1) 10h(3) Murata Jul 27 Mar 90 18.309t(20.925f) 94.2(107.2) 30(30.8) Bedford Jul 13 Dec 8S M$9,0441
      177 words
    • Article
      PRELIMINARY RESULTS
      142 20 f—fiT Data Yaar Group pra-tax Nat earnings Grosi ann to profit/lot* (L) per shara dlvWand (•000) (cants) Burwitl HMgs Aug 8 Mar 90 HKJ30,940(574,410) 8.1(21.7) 70(135) 1 Camcflt Aug 7 Mar 90 $1,778(52,0961) 5.0(-) 2.5(0.5) Mateyawata Aug 7 Mar 90 M$31.218($8,880) 23.2(9.2) 2TE(-) AM06 Aug 3 Mar 90
      142 words
    • Article
      INTERIM RESULTS
      355 20 Ctmpmy Bate HaM-ywr Group pro-tax latortai aim to (L) tftvMMd ('000) G Securities Aug 8 Jun 90 $2,464($1,043) 5(-) UMW Aug 7 Jun 90 K$104.732($34.132) 7.5(-) Keppet Corpn Aug 6 Jun 90 $107,188($65.794) Kian Joo Aug 6 Jun 90 M$10,921($7,54«) MBfHMgs Aug 6 Jun 90 M$28,325(53.624) MSC Aug
      355 words
    • Article
      CORPORATE DEVELOPMENTS
      469 20 Auf u PT Mustka Ratu, a Jakarta based private company, plans to invest 110 billion ruptah (SJllOm) in Indonesia and other Asean countries over the period 1990-93. CWT Distribution, a leading warehouse operator, has set up an onsite customs inspection centre to facilitate faster clearance of boxed cargo.
      469 words
    • Article
      DIVIDENDS ANNOUNCED
      560 20 Cwrwrt Ex BMks Date Total for Total tor payment data doM payaMa tha yaar last yoar Mti tUgs 6% Aug 28 Sep 7 Sep 26 6% 6% MOB 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5 Nov 1 10% 7.5%(a) MR
      560 words
    • Article
      RESULTS DUE
      386 20 Shppora Stocks Lwt Full Year Campanr Mtad Date Vm M EPS frw IM amncad n*t (cab) pro* last r*« (TM) Lang Huat Intenm Mar 30 Dec 89 5351(h) EMS Intemn Apr 26 Jul 90 9.3(a) 2JTE(a) 4.747 Tit Lm Fiance Ft* Jim 1 Dec 89 113 8.0 2.206
      386 words
    • Article
      APPROVED ISSUES
      334 20 Company Rights ls$u« KtaU Kdn (KK) Offers tor sale by or on behalf of Utd Engineers (M) Bhd o* 25.2m share by way of a nghts offer to entitled shareholders of KK on the bass of tour tor-one MSI 25 each. b-date M 20 Books dost: Aug 3
      334 words
    • Article
      BONDS, LOANS & WARRANTS
      654 20 BONDS, LOANS WARRANTS CM HI Before 26/4/93 1 mm* plus >3.09 cash CiMMwiy LMR Cwsrwrr to 2/10/89 to 20/10/94 i warrant pto $1 cash or 1 warranTpte SI nomad amount of loan <taft Oun H* fete Qm M* to March 87 to 31/12/91 1.55 warrants pto >1.55 cash. OMR *9
      654 words
    • Article
      PROPOSED ISSUES
      553 20 Company Rights Issue Bdfa* One-lor lour MJ200 per shire Causeway to* Capital reduction scheme to reduce par value of shares from $1.00 to JO 60; Rights issue oi 12 $0 60 per share CAM One-tor-one MJ4 00 per share Every tour rights shares would be issued with one
      553 words
    • Article
      COMPANY MEETINGS
      212 20 Inch Kenneth Kaja* Rubber Pubic Ltd Co: EGM at sth Floor, Straits Trading Building. 4 Leboh Pasar Besar, ***** Kuala Lumpur on Wednesday, August 15, at 2pm. Tiger Babn Ltd: EGM at the Board Room, 30th Storey, UOB Building, 1 Bonham Street, Raffles Place, Singapore 0104 on Wednesday,
      212 words
    • Article
      RECORD HIGHS & LOWS
      141 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 t*t 1435.43 (16/7/90) 1«J JgJJJ 1990 tow: *****4 (13/8/90) 1990 tar 2*89 ,(13/1/90) 1919 IMc 1322IX) (28/12/89) 1*8 1487.76 (26/12/89) 1989 for 917.42 (4/1/89) 1989 tar 1030.69 (4/1/89) 1988 1043.86 (8/8/88) 1*8 Mfk 1177.87 (8/8/88) 1988 tar 737.83 (4/1/88) 1*8
      141 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      265 20 Steamers Maritime Holdings Limited The Group offers a comprehensive range of quality services such as Shipping Liner Services, Shipping Agencies, Ship Chartering and Management as well as Freight Forwarding including warehousing, transportation and distribution both in Singapore and internationally. We invite applications for the post of. TRADE COORDINATOR Reporting directly
      265 words
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      Page 20 Advertisements Column 2
      306 20 NOTICES IN THE MATTER OF THE COMPANIES ACT CAR 50. AND IN THE MATTER OF ISLANDWIDE CONSTRUCTION SERVICES (PTE) LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING UP. NOTICE IS HEREBY GIVEN that the creditors of the above named company. which is being voluntarily wound up, are required on or before
      306 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Nikkei at its lowest since early 1988
      2278 21 TOKYO stocks closed sharply lower yesterday, the benchmark Nikkei average charting its seventh biggest point loss in history and reaching its lowest levels since early 1988. Thin volume made indices sensitive to the arbitrage-related selling that flooded the boards for most of the
      2,278 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Index falls 38.69 points on Gulf fears
      2391 21 AP, Reuter INCREASING market perceptions that the Gulf crisis could worsen spurred a decline in Hongkong share prices yesterday despite Friday's interest rate cut. The Hang Seng index, Hongkong's main gauge of blue-chip companies, ended 38.69 points lower at 3,040.28. "(Yesterday) morning it
      AP,; Reuter  -  2,391 words
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  • REGIONAL STOCK MARKETS
    • South Korean stocks at 27-month low
      • Article
        AUSTRALIA
        900 22 THE Australian sharemarket finished weaker yesterday but its fall was cushioned by a 5.3 per cent leap in the gold sector. The All Ordinaries index ended 14.8 points weaker at 1554.0, just above its low at 1553.4. Brokers said the local market largely ignored the falls on offshore bourses
        900 words
      • Article
        MANILA
        500 22 PHILIPPINE SHARE prices fell sharply yesterday in what analysts said was a reflection of investor fears about impending oil price increases because of the Gulf crisis. The Manila Stock Exchange composite index lost 3.7 per cent to close at 824.78, down 31.93 points from Friday. "There was a feeling
        500 words
      • Article
        Untitled
        86 22 Close Prtvfcw Aug 13 SYDNEY All Ordinaries Index 1,554.0 1,568.8 -14.8 All Industrials Index 2,321.5 2,356.9 -35.4 All Resources Index 956.7 957.3 -0.6 Turnover (million) 78.63 76.86 +1.77 nmm SET Index Closed 921.13 Turnover (nearest '000) Closed 63,273 JAKARTA Composite Index 590.01 591.97 -1.96 Turnover (nearest *000) unav unav MANILA
        86 words
      • Article
        TAIPEI
        477 22 SHARE PRICES on the Taiwan Stock Exchange (TSE) yesterday fell to their lowest level since April 1988 as tension in the Persian Gulf went unabated. Erasing a meager 0.5 per cent rise on Saturday, the 210-issue weighted price index nosedived 229.74 points or 5.58 per cent in thin trading
        477 words
      • Article
        NEW ZEALAND
        418 22 IN ANOTHER black Monday, dominated by the Gulf crisis and high domestic interest rates, New Zealand share prices tumbled to a 30-month low yesterday. "It's universal bearishness. There are just so many negatives at once," Ord O'Connor Grieves' John Rattray said. The Barclays Index fell 39.48 to at
        418 words
      • Article
        Untitled
        336 22 la local c—icy In S$ la US$ day year day year day year Aag9 Index change chaage chaage change chaage chaage World 394.7 -0.3 -15.1 -0.3 -18.4 -0.3 -14.1 *EAFE 540.4 -0.7 -20.7 -0.4 -23.0 -0.3 -18.9 Europe 419.5 0.4 -6.9 0.7 -1.9 0.8 3.2 Pacific 900.1 -1.7 -28.9 -1.3
        336 words
      • Article
        SEOUL
        806 22 SEOUL STOCKS fell to their lowest level in 27 months yesterday and brokers said prospects were dim for a resur- gence in the immediate future. The composite index closed at 645.86, down 10.03 points from the previous session. Turnover was low at 81.6 billion won compared with 88.4 billion
        806 words
      • Article
        Lock icon JAKARTA
        569 22 Reuter, AFP PRICES ON the Jakarta stock exchange closed mixed yesterday, with the composite index easing 1.96 points to 590.01. Holding company Astra rose ISO rupiah to 23,600 on the regular market, with 55,000 shares changing hands. On the big board, which trades lots of at least 10,000 shares,
        Reuter,; AFP  -  569 words
      • Article
        Untitled
        597 22 Bangkok Aug 10 B«ht VoKW) Alucon Manufact 620 4 74 American Standa Asia Credit 133 2 4308 Asia Hotel 121 38 Asia Sec. Tradi 90 2.50 8610 Ayudhya Insuran 739 64 113 Ayudhya Investm 111 3 1990 Ayudhya Life As 441 40 68 Bangkok Bank 449 40 3860 Bangkok Bank
        597 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      30 22 The Bangkok market was closed for the Queen's Birthday yesterday. The Bombay report was not available at press-time yesterday. Closing prices for all markets except Taipei are provided by Telentte.
      30 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon First blood: Middle East turmoil takes its toll
      720 23  -  THE SAN^^ANCIL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and
      Source: TeleTrac  -  720 words
    • Article
      FINANCIAL FUTURES
      1582 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Sep 90 92.14 92M5 ***** 92LI4 1700 ***** 1991 Dec 90 92.23 92.26 92.23 92.24 5500 ***** 7390 Mar 91 92.18 92.18 92.15 92.16 2300 5255 2661 Jun 91 91.91 91.92 91.90 91.91 280 1038 773 Sep 91
      1,582 words
    • Article
      Greenback finishes lower in thin trade
      468 23 FOREX MARKET REPORTS THE US dollar held at lower levels in thin European trading yesterday as a lack of fresh developments in the Middle East put the focus on poor US economic fundamentals. Dealers said operators were still reluctant to take large fresh positions
      468 words
    • Article
      INTERBANK FOREX RATES
      376 23 Cross rates Aug 13 USS SS MS Dm Yen SFr AS NZ$ USS 1.8030 2.6980 1.5815 150.10 0.5328 1.3285 1.2516 1.6556 SS 0.5546 1.4964 0.8771 0.8325 0.2955 0.7368 0.6942 0.9183 MS 0.3706 66.83 0.5862 0.5563 0.1975 0.4924 0.4639 0.6137 Dm 0.6323 1.1401 1.7060 94.91 0.3369 0.8400 0.7914
      376 words
    • Article
      MONEY MARKET
      545 23 Interbank rates S< Bid Offer Overnight 6 6 1/4 1-month 6 1/2 6 5/8 2-month 6 11/16 6 13/16 3-month 6 3/4 6 7/8 Ovenught mode: 6-1/4 US> Bid Offer 7 days 8 8 1/8 1 month 8 8 1/8 2 months 8 8 1/8 3 months 7
      545 words
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  • COMMODITIES
    • Article
      Lock icon Taiwan, Vietnam in oil venture
      274 24 Reuter TAIWAN is signing a contract with Vietnam to help Vietnam explore for oil off its coast, state-owned Chinese Petroleum Corp (CPC) said. CPC spokesman Kuo Yung said the company would sign a three-year pro-duction-sharing contract in Vietnam with International Petroleum Ltd (IPL) of Switzerland,
      Reuter  -  274 words
    • Article
      Lock icon US$497b worth of loans for world's utility projects
      448 24 MBT INTERNATIONAL BANK lead managers arranged 2,350 syndicated loans amounting to US$497 billion from 1980 to 1989 to finance various gas, oil and electricity projects throughout the world. During this period, Malaysia secured 28 loans amounting to US$2.3B billion to finance energy-related
      MBT  -  448 words
    • Article
      Tin holds steady, gold set to test US$400 level
      826 24 REPORTS THE KUALA LUMPUR Tin Market (KLTM) finished unchanged yesterday from last Friday's close at M$ 15.94 per kg on scattered buying interest. Bids were matched against offers of 69 tonnes right at the opening. European, Japanese and local interests were
      826 words
  • Article
    PRICES
    1295 24 Rubber Au>i3 msthfchu—) S cents/kg Noon Close Int I RSSPrompt I56.2V157.25N 156.50/1 S7.50N Int 1 RSS Sep 90 156.50/157.00 I56.7VI57.2SN Int I RSS Oct I57.2VI57.75 157.50/I58.00N Int 2 RSS OP 152.7VI54.75N I53.2VI55.25N Int 3 RSS OP 148.2VIS0.25N I4S.7V150.75N Int 4 RSS OP I44.2VI46.25N I44.7VI46.7SN Int 5 RSS OP I39.7V14I.75N
    1,295 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      738 24 NOTICE NOTICE IS HEREBY GIVEN that, I Kadandale Narayana Prasad of No #09-34, Kum Hing Court 28, Tomlinson Rd, Singa-F-e (1024), have applied (or a Beer House Class licence in respect of premises at M/s Sai Private Ltd (Restaurant) at 70, Race Course Road, Singapore (0821), and that this application
      738 words
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      Page 24 Advertisements Column 2
      15 24 Read Chartpoint, a guide (o investing in the stoek market. Every Saturday in Business Times
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1061 25 14 Seaweed scattered in a Ctty FlgM ETA FMght ETP C Ug »fc«u GA893 1045 GA892 0010 I GA886 0010 GA974 2359 SQ226 2035 QF82 2200 GA893 1045 I KL837 1430 SQ24 2200 SQ23 1810 GA974 2359 QF6 1830 mii Qf 16 1830 SQ24 2200 0A471
      1,061 words
    • Article, Illustration
      A charming leading lady of a city
      569 25  -  POSTCARD FROM PARIS^ By Daniel Priollet PARIS is a star more photographed than Ava Gardner and Marilyn Monroe put together, says Francoise Jacquier. After eight years handing out licences to filmmakers at the French capital's town hall, she should know. This summer is
      569 words
    • Article
      MONEY CHANGER RATES
      152 25 As at 3pm yesterday: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4350 1.4550 Canadian dollar 1.555 1.575 NZ dollar 1.075 1.1005 Sterling pound 3.370 3.570 US dollar 1.7970 1.8070 Local dollars to 100 units of foreign currency Austrian schilling 15.90 16.90
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      58 25 Duration Title Venue Organner Td Duration Title Venue Onmacr Td Sep 7-17 International Switzerland Schweizer Muster 61/686 20.20 Sep 15-20 International Germany Munchener 89/***** Fair Mustermesse Trade Fair for Mesae the Food and Sep 10-16 International Spain Foire 3/423.31.01 Catering Industries TV, Sound and De Barcetone Sep
      58 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      48 25 Ihe hiiMiUA> pcr>«»n > v.nouc cur\ liichljv, I T I hur^dav. Sjtunl-iN .milSuml.n. I hjnj;i I I I II \irport it V.'.S hour, .ind lrrivmt; it I <>t;.in M W J 1 V. S 1 lntcrn.itiuii.il \irp«>rt the lollortini; il.n. A Hi:i. \i ii (H I'i;i:s11 An: Air Canada
      48 words
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      Page 25 Advertisements Column 2
      439 25 (Incorporated In MaloyM RESULTS FOR THE HALF YEAR ENDED 30 JUNE 1990 (UNAUDITED) The Directors are pleased to announce the unaudited results (which have not been examined by Bank Negara Malaysia) of the Bank and the Group as follows:THE BANK THIOttOUP Half year ended Half year ended 30 June 30
      439 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      146 25 ACROSS dressed (7,5) 1 Relative to an indecorous YESTERDAY'S SOLUTION state (7) stormy wind (5) 2 The large number we don't 15 Girl given encouraging ITIAIKIIJNIO] I ITJTIOjHIEjAIRjTj count (4) cheer in Spain around tea- H B R j 3 Drink that could leave one t i me (5) IkMcUIIIaBsU
      146 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      210 25 Singapore Outlook: Showers over a few areas in the morning. Report: Max temp. 31.9* C Assoc humidity 63% Min temp. 26.9 Assoc humidity 88% Hrs of sunshine 8.05 Rainfall in mm Nil Rainfall this mth 86.3 Rainy days this mth 5 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/11 Showers Bangkok
      210 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      23 25 I UXL'D UML SO?nCTUiNG\ VOV-lPtf foU suou> US IN L€ K Tv4C D^f^GlO, LS/CRh, OR J TO Uufc&X f\ND SON f'DUPS jSZTOBtV i
      23 words
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  • Article
    KL body disagrees over economic regulation
    402 26 THE DEGREE of economic regulation in post-1990 Malaysia has emerged as the bone of contention within the National Economic Consultative Council since members began debating the final report on August 9, according to sources. To a large extent, they said, the dispute was over
    402 words
  • Article
    Lock icon Hanoi ready to resume ties with Beijing
    356 26 AFP VIETNAM is ready to quickly normalise relations with China and solve outstanding bilateral problems through peaceful means, Vietnamese Premier Do Muoi said in Hanoi yesterday. "Vietnam believes that the normalisation of ties will be entirely in the interest of the two countries,"
    AFP  -  356 words
  • Article
    CityDev unit buys industrial land
    265 26  -  By Shoeb Kagda CITY Condominiums Pte Ltd, a subsidiary of property giant City Developments, has bought a piece of industrial land worth $43.5 million from Prima Tech-Park. The plot, which is within an industrial zone at Pandan Loop, has an aggregate area of 53,793 square
    265 words
  • Article, Illustration
    Lock icon Li Peng arrives in Bangkok
    44 26 Visiting Chinese Premier Li Peng receiving a garland from his Thai counterpart Chatichai Choonhavan upon his arrival at a military airport yesterday. Mr Li is in Bangkok for a two-day visit. Looking on is Mrs Li Peng. Reuter picture
    Reuter picture  -  44 words
  • Article
    Lock icon Port may be built at same time as infrastructure
    125 26 Bernama THE Malaysian government is thinking of building the west port in Pulau Lumut simultaneously with the infrastructures linking the island with the mainland to cut completion time, Port Klang Authority (PKA) chairman, Datuk Michael Chen, said in Port Klang yesterday.
    Bernama  -  125 words
  • Article
    Lock icon Malaysia approves projects worth M$19b
    202 26 Bernama THE Malaysian government approved 491 industrial projects involving a total investment of more than Msl9 billion in the first seven months of this year, Trade and Industry Minister Datuk Sen Rafidah Aziz said yesterday. She said that M$ 11.61 billion of the amount was
    Bernama  -  202 words
  • Article, Illustration
    Threat of US recession looms larger now
    797 26  -  The Bottom Line PAUL SAMUELSON PAUL SAMUELSON The writer is a Nobel-prize winning economist at the Massachusetts Institute of Technology Early in the decade of the 1980s, it was the United States that led the way and it was Europe and the Pacific
    797 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      172 26 PiageT KWIIIER EN HORLDGEKIE DEPUISIB74 GENEVE Sfllra IS Streamline your warehouse, showroom and factory operations under one roof Three-in-one concept warehouse, showroom and factory under fl Individual covered loading and unloading bay tor all-wi>ather one root operations Each tour-storey terrace factory unit with an area ot about g| lust live
      172 words
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      Page 26 Advertisements Column 2
      80 26 PiageT JOAILUERENHORUOGERIEDEPUKIB74 GENtiVE Due M overwhelming J invasion, Mongolian^^^^^^^^gr pubk The Mongolian Barbeque and Steamboat Buffet has been extended due to popular demand. But hurry, at only $13.50+ per person (Child: $9.50+ you wouldn't want to be left out in the cold. i Special Promotion: Anchor Beer at /jtffij&U ICE
      80 words
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  • Shipping Times
    • Article
      Shipping costs from S'pore likely to rise sharply
      429 27  -  Impact of Iraq's invasion of Kuwait By Selva Kumar SHIPPING COSTS from Singapore are expected to rise sharply as major liner consortiums impose surcharges to offset increases in bunker costs following the recent surge in crude oil prices. While lines going to
      429 words
    • Article
      Lock icon European fare rise inevitable
      96 27 Reuter A RISE in air fares appears inevitable due to the impact of the Gulf crisis on fuel prices, the Association of European Airlines (AEA) said. "European airlines are entering troubled waters," AEA secretary-general Karl-Heinz Neumeister said. "Given the events of the last few days, a
      Reuter  -  96 words
    • Article
      Keppel not working on Iraqi ship at the moment
      263 27 KEPPEL Shipyard has an Iraqi ship, Alrazi, in dock but "is not carrying out any work on the ship at the moment," said a spokeswoman. She added that Keppel does not have any long-term contract with any Iraqi shipping company at
      263 words
    • Article
      Sita teams up with TradeNet to start joint message service
      249 27  -  By Shoeb Kagda IN A MOVE that will boost Singapore's role as an air transport hub, the air transport industry's telecommunications and information service organisation Sita has teamed up with Trade Net to start a joint message handling service. Singapore
      249 words
    • Article
      New Delhi to stage air cargo forum
      179 27 THE 15th International Air Cargo Forum will be held in New Delhi from Oct 8-11. The theme for this year's forum is "Air Cargo World Commerce In The Asian Decade". Sponsored by Air India, the biennial forum is being held for the second
      179 words
    • Article
      Hongkong port board to look at three areas
      350 27 HONGKONG'S newlyformed Port Development Board has laid down the groundwork for improving the port's support facilities but skirted the sticky issues of port pricing and development. The South China Morning Post reported that of immediate concern to the board was the setting
      350 words
    • Article
      Thai wharfs handle 58,453 containers
      286 27 THAILAND'S three private wharfs handled a combined cargo volume of 58,453 containers in the first nine months of fiscal 1990 (October 1989-June 1990). Bangkok Modern Terminal (BMT) ranked first in handling boxed cargo with a total volume of 32,417 containers. Thai Maritime Navigation Co took
      286 words
    • Article, Illustration
      Lock icon Korean yards may lose orders
      151 27 Reuter SOUTH KOREA'S Daewoo Heavy Industries Ltd and Hyundai Heavy Industries Co will each face a net loss of US$l4 million if they are forced to cancel shipbuilding contracts with Iraqi-occupied Kuwait, company officials said. The two shipbuilders received orders in March and July for
      Reuter  -  151 words
    • Article
      Lock icon US official to meet airline executives over fare increases
      204 27 Reuter US Transportation Secretary Samuel Skinner has requested that airline executives meet with him this week because of concern about fueldriven fare increases put in place following the Kuwait crisis, the department said. A spokesman said that Mr Skinner would be
      Reuter  -  204 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        AMR Corp looking at Midway Airlines
        68 28 AMR Corp, parent of American Airlines, has retained Goldman, Sachs Co to weigh a possible acquisition of parts or all of Chicago-based Midway Airlines Inc, according to a published report. Crain's Chicago Business in its Aug 13 edition, citing unidentified Wall Street and airline
        68 words
      • Article
        French unions call off strike
        61 28 TRADE UNIONS and management of the French airline Air Inter last week reached an agreement ending a nearly month-long strike that has seriously disrupted the company's air traffic at weekends, officials said. Unions accepted a management offer for an annual 1,200-franc (US$225) bonus to compensate
        61 words
      • Article
        Japan shipbuilding permits up
        69 28 THE Japanese Transport Ministry said it issued 35 shipbuilding permits totalling 1,122,249 gross registered tons (art) in July against permits for 22 ships of 1,076,379 grt in June. This compares with 32 ships of 957,637 grt.in July, 1989 July orders comprised 21 cargo ships of 473,650
        69 words
      • Article
        Leif Hoegh profits up 17pc
        84 28 LEIF HOEGH has declared increased operating profits for the first half of the year up 17 per cent at NKrl27 million. The improvement is attributed to better freight rates and full benefit being received from container/bulk time charter contracts entered during the first quarter. Analyst
        84 words
      • Article
        TNT starts 'same-day' service
        43 28 TNT Ltd's TNT Skypack Inc unit said it launched a same-day parcel and package pick up and delivery service within the United States. The new service, called TNT Sameday, marks TNT Skypack's entry into the US express courier market.
        43 words
      • Article
        Fokker denies output delays
        57 28 DUTCH aircraft manufacturer Fokker denied a report in a Dutch daily newspaper saying it had production delays. "It's total baloney. Our production is on schedule. There are no production delays," Fokker spokesman Rob Mol said in reaction to an article in De Telegraaf newspaper which said
        57 words
      • Article
        Mercury appoints Japanese rep
        47 28 HONGKONG-BASED shipmanagement company Mercury Shipping has appointed Mr T Hayakawa to act as its representative in Japan. Mr Hayakawa, who has over 25 years experience of working in the shipping industry, will be employed to develop and market Mercury's shipmanagement and crewing services.
        47 words
    • Article, Illustration
      Lock icon US yards seek new contracts abroad to survive
      1188 28 The current Middle East crisis has lent strength to the US shipbuilding industry's argument that its capacity cannot fall any further without seriously threatening American strategic interests. Battered by global competition for orders, US yards have been missing out on the boom
      NYT  -  1,188 words
    • Article
      TRANSPORT DIARY
      916 28 July 17-Oct 30: International h Forwarding 11, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, Tel no: 296-4645 (for members only). July 24-Sep 4: SFFA Standard Trading Conditions gives an overall perspective of these conditions, conducted by the Singapore
      916 words
    • Article
      THE SHIPPING GUIDE
      12764 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
      12,764 words
    • Article
      SHIPPING AGENTS
      3424 41 BC Coataiaeriine NV: Belsin Shpg Agencies Pte Ud (SyManne Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ud (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Cootr Line (PG) Sdn Bhd (PN) Adkris Business Corporation Philippine: Caisource Shpg A T rdg Pte Ltd (S) Ahreakiel Llaer Service: Kim
      3,424 words
    • Article
      COURIER SERVICES
      253 41 Abacus Couriers Tel: 545-8011,448-6415. Air Express Service Td: 533-5771. Fax: *****44. Airborne Freight Corporation Td: 542-8844 Fax: *****16, *****80 AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Td: 344-3377. Fax: *****50. Cluster Link Supplies A Services Td: 296-5720. DHL International Td: 344-8911. Fax: *****61. DPE
      253 words
    • Article
      AIR FORWARDERS
      1480 41 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td. 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroiiuk KG Freight International Td: 545-5992. Aerosoced Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666. Fax: *****74, *****50. Air Market
      1,480 words
    • Article
      PORT CONDITIONS
      2836 42 ARGENTINA Buenos Aires: Conflict with tug boat crews was solved; port working normally. Port continues to be busy; new arrivals will have to wait 1-2 days for a general cargo berth; 1 vessel loading grain at elevator berth; due tc low tides, some vessels have been delayed. Saa
      2,836 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      591 42 SHIP SALES TANKER RATES Reuter, AFP THREE VLCCs have been sold to an unnamed buyer for an undisclosed amount. They are the Primrose (276,424 dwt and built in 1976), WorW Dignity (275,397 dwt and built in 1975) and Rnebay (274,531 dwt and built in 1976). Greek interests paid about USSIS.B
      Reuter,; AFP  -  591 words
    • Article
      AIR FREIGHT SCHEDULE
      533 42 ARRIVALS Op Flight Type ETA From TODAY KAL KE697 B747F 0155 SEL NCA KZ205 B747F 0215 NRT JAL JL617 B747F 0345 NRT CLX CV797I B747F 2115 LUX/DXB/KUL TOMORROW CAL CI333 B747F 0315 TPE AZA AZ995 BC8F 0405 SYD SIA SQ801 B747F 0410 AKL THURSDAY KAL KE697 B747F
      533 words
    • Article
      CRUISE & FERRY SCHEDULES
      360 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr IX p Name of Vessel ETA ETD Port Agent Porta of Calls AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-Fremantle-Jakarta-Kobe 28 29 Andaman Princess 0800 1700 Andaman Cruise Cruise to nowhere 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to
      360 words
    • Article
      DAILY FREIGHTS
      1023 43 THE FREIGHT market edged slightly firmer on Friday, helped by confirmation that vessels were fixed for two of the world's major grain routes at slightly higher levels, but other sectors of the market were largely subdued, shipping brokers said. Confirmation came that the US Gulf/Japan grain run had
      1,023 words
    • Article
      AT CONVENTIONAL WHARVES
      534 43 MpH Win A1 Mohammed mm i K29 alongside 15.08/2300 Batatas 20 K30 alongside 14.08/1500 Con Furano 13A07 K33 alongside 14.08/1500 Iceland Rn 19 K33 alongside 1308/1300 knatMkwa 24/90 K32 alongside 13.08/2300 Kota Ratna im K31 alongside 17.08/1830 Oc Brttanc 063/33 K18 alongside 13.08/1300 Stoushan 29/30 C10 atongsrte
      534 words
    • Article
      CONTAINER SCHEDULE
      1315 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Boakh(/Bjbnce tofts Voy No Period From To From P of OscBi Spxe Adrteraracht AG02S 1 13/1500 13/1659 13/1900 2 13/1700 14/0659 14/0900 3 14/0700 14/1159 14/1400 4 14/1200 14/1459 14/1700 2A 2 13/1700 14/0659 14/0900 3 14/0700 14/1159 14/1400
      1,315 words
    • Article
      IN MALAYSIAN PORTS
      299 43 Pwt Wat South Part on Aug 13: Kisogawa berth 1; Berjasa berth 4; Mutia Hayu berth 7; Mercury Pearl berth 7A; Petro Mewah berth Jetty She*. KCT: Anro Temasek berth 8; Thana Bhum berth 10. North Pwt KLD Tunas Samudra berth 11; KD Rata Jarom berth 11;
      299 words
    • Article
      Lock icon Embargo sends tanker industry into turmoil
      531 44 Impact of Iraq's invasion of Kuwait NYT THE international embargo on oil shipments from Iraq and Kuwait has the shipping industry in turmoil. No longer calling on Kuwaiti or Iraqi ports in the Persian Gulf, tankers have been frantically trying to secure Iranian oil
      NYT  -  531 words
    • Article
      Ultramar orders 3 tankers worth US$212m
      213 44 UK oil group Ultramar pic has ordered three oil tankers from Korean company Samsung Shipbuilding and Heavy Industries Ltd in a deal worth US$2l2 million. Ultramar said 32 per cent of the US$2l2 million would be funded from its resources with 20 per cent
      213 words
    • Article
      More foreign shipping lines forming own agencies in India
      331 44  -  From Shirish Nadkarni in Bombay THE shipping business from India has become quite a lucrative chunk for most foreign shipping lines, who have been finding it increasingly worthwhile terminating agency agreements with their handling agents in India, and taking over the
      331 words
    • Article, Illustration
      Lock icon Swissair expects profit this year
      193 44 Reuter SWISSAIR expects to make a profit this year despite a net loss in the first half, airline president Otto Loepfe said. Net first-half loss after depreciation was 99 million Swiss francs, compared with a net profit of 54 million in the corresponding 1989 period.
      Reuter  -  193 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      8 27 Embargo sends tanker industry into turmoil, Rack Pg
      8 words
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      Page 27 Advertisements Column 2
      297 27 BSWff HENG NETM. CO PIE LTD IJ, TUAS AVE 14. SIRGAPOfIC 22M. TELEX RS *»7» SMMCPL TEL: Ml SMS (5 kna«l TB.IFAI:MI m» I < lllff nm»M UrvvM Torqu* hmcapoM MALAKU ConwwK* lIAUNK WWW* DMMI LPG PIMLimNU I •HP -c2IwrLn«N«WSMI» Gaww P«H< Tiweka AMo Ouy M« r«nMI t r«pM BRIT
      297 words
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      Page 27 Advertisements Column 3
      49 27 Air forwarders 15 Mr Fratf* Schedule 16 Contmr SdaMi 17 Courur Semen 15 Cram Fvry schedules IS MyFntfto 17 Ma to Advertisers 3 Port Conttons 16 Staff* 15 Stappmi Gode 10,11 Stapsatas/Tai*ar Rates 16 Stops m Port 17 Smiapore Tides 17 Tramport Otary 2 Weather and Sm Condtaw 17
      49 words
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      Page 28 Advertisements Column 1
      155 28 I BT j SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they demand more space and more research than can be given In our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling
      155 words
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      Page 28 Advertisements Column 2
      74 28 I CONGRATULATIONS I I BEST WISHES I TO THE GOVERNMENT If PEOPLE OF THE ISLAMIC REPUBLIC OF PAKISTAN ON THEIR INDEPENDENCE DAY from SEA-PAC MANAGEMENT PTE LTD 55 Market Street #11-00 Sinsov Building Singapore 0104 ssp Tel: *****11 fix: RS ***** SEAPAC It Fax: *****11 L |i We in Sea-Pac
      74 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1924 29 lABDINE SHIPPIMr. tr.ci.rirc tillf# 200 Can,onmem Road #12-05 South point, Sinppore 0208 Alllf/ NO ***** mrrrrmm terminals th man 220 V Zfl BOOKINGS t«I *****34 235 A 10QQQf M PESAKA JARDINE SHIPPING AGENCIES SON PORT KELANG TEL *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6
      1,924 words
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      Page 29 Advertisements Column 2
      1013 29 INDEX TO ADVERTISERS T 1 *MISC 14 1-3 1 M'sia Shpg Corp 9 1/2 ABC Containerline 13 5 Mendelssohn 5 1/2 Accord Shpg 8 1-3 Mercury Line AlbatrossS-Air .4 5 184/ APC Line 14 4 MOSK (Forest) 5 5 5 3-5 Mutiara Samudra 18 I Arrow Lines 9 5 •Myanma
      1,013 words
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      Page 29 Advertisements Column 3
      2187 29 p—^———————— Vmm< Voy ETA I ETO 'Port 'Pmang r DESTINATIONS Singapore Kelang Tfm mi Louis M 9008 Cloatng Tma FMdar by cv 14/6 o*oo hrs m Farco a BBHMI CFS 13/8 23SA HRS M Tauro OAK LGB MOO MEM ATL MIA CMS BAL PML NYC MOW TOW LOUIS M 9008
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      1102 30 I ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KOWLOON BAY 96/595 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
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      514 30 a MiWFWW'^ DIRECT SOUTH PACIFIC SERVICE SIN NOU PPT I. FLOREANA 26/8 8/9 11/9 15/9 AISO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I. FLOREANA 26/8 29/9 30/9 3/10 Al*o acc«flinf Cargo to CilUo (Pant) via Valpa Agents: 7 SINGAPORE:
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      1523 30 Blimasia &m REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE t VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LMA (VIA (VIA (VIA ALB) ROT) HAM) i < N-AL MANSOORAH 9023-3 11/08 01/09 03 09 06/09 08/09 1109 10/09 12/09 13/0 JAPAN SEA 024-W 19'06 09 09 1109 1409
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      1880 31 oinpiwiß tuuco) BjgSteamers Maritime Holdings Ltd! P&o EWSSa WB^ Containers Mji I Voy No P Kianc S'p«»» S'ton H'burf B'havm R'dm Lth ACCEPTS DOE SAILS I KOWLOONBAY *595 *T BN UK-12,01 IMO 10/0) 0»« K,fl 0M» OKW CARGO I TOKYO BAY »5M LEX 15/01 1W» tt/M 0M» IMB MERCURY PEARL
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      1627 31 TO: EUROPE TO: FAR EAST SP LH ROM HAM B'HVN FIX SPORE HK KAO KOB BU CHOYANC SUCCESS 010W 11/1 6/17/11/1 10/1 11/9 CMO YANG CHANCE OME 20/1 23/0 244 27/1 30/1 HANJIN HAMBURG 002* 2VI 12/1 13/1 14/1 lt/9 17/9 HANJIN LEHARVE OWE 27/1 30/0 314 3/1 W HANJIN
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      422 31 jjjUjWflUHf SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION ASIAN TANJUNG PIONEER TRADER STAR EMAS VOY. NO 7 U 114 10 S pore In Pt 22/8 23/8 26/8 P. Kelang 16/8 2S/8 25/8 Penang Hong Kong Yokohama 7/9 19/9 14/9 24/9 Nagoya 5/9 17/9 12/9 22/9 Ouka 10/9 20/9 Senboku
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      579 32 A John Europe Sofvieo 01; r.T. UNUIt* um r.T. nun n«» r.T. SMNKU INHMfSM ML TWKOM LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY S PORE R'DAM/ H BURG BREMEN ANTWERP ADAM KUTAI/20WB 25-21/8 23/9 29/9 2/10 5/10 MATARAM/27W8 22-26/9 22/10 26/10 29/10 2fll FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO
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      1029 32 Itft HANJIN SHIPPING I W*# FULL CONTAINER SERVICE CHOYANC SUCCESS 010W 'm""* "(W 'HAN JiVLE H A V R e'oME* 27/« H 'uNSANWE 21/9 23/9 HANJIN HAMBURG 002W 25/8 12fl 13,"9 14/9 I6fl 17/9 J M Po2**e ltttt JM IM HANJIN ROTTERDAM 010W 1/9 19/9 20/9 21/9 2319 24/9 HANJIN
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      1173 32 i d Trl 1 d I- Bssssssss:ss%sasssss| E GMNIkSi 29* 30* ;/l mUN Ufi 14/9 *9 Mf» lgM WO g« Si 'S HSI t giant re«o 1/9 v> m 1H w nj as M wo 17/10 22m up jm» wi w ,w gentry reou an nit mMnfiMJUiMM lmamiwuiwiw w wwnwi
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      1625 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: 123Q*****00E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 MW CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SON BHD MALAYSIA 1B u //m IMO IWU K.L.-(03)
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      1098 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 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FPU WESTBOUND VESSELS VOYAGE |SM*E |MANIIA HKONt VOYAGE SKME PKLANC HMJK I'MAVU TILBUBY NOTT UTK»
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      1271 34 MB■■■ I HN'E KAWASAKI KISEN KAISHA. LTD. MOTHER VESSEL WT NOW U OH TUT FEEDER VESSEL VOT TXT I" J queer's waywidge z ivi W iM Manhattan brick s m an ug w/» Brooklyn bridge ji w hp k i ouctrs way brioge s iw im /Sd tebwka ai at
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      1101 34 PHILI-ORIENT LINES PTE LTD 1 (The Complete NVOCC Package) 11 AUG MONTREAL, OTTAWA, TORONTO, VANCOUVER S'WESTERN ONTARIO. j I CHARLESTON CHICAGO m 20 AUG DUBAI, DAMMAN, KUWAIT, DOHA, I LONDON, THUNDER BAY, WINNIPEG, 1 MUSCAT, BAHRAIN, ABU DHABI, I REGINA, SASKATOON, SHARJAH I CALGARY, EDMONTON, KELOWNA, I KAMLOOPS, VERNON, PENTICTON
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      1502 35 SSSSZSS PACIFIC INTERNATIONAL LINES (PTE) LTD K JWi P<l 140 Cecil Street HKtt-00, Singapore 0106. I JAKARTA I I BANGKOK VOY m JKT SM VESSEL VOV SIN BKK SIN *xrr t Izl 2/. PEGASUS PIONEER MN IS/I IS/S 21/8 KOTA PANJAMG ma 1W 22/8 26/6 12L 52 DELTA MAS ISM
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      998 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** /ESSEL VOY SPORE PKLANG SHAMPTON HAMBURG B'HAVEN ROAM LHAVRE (owtoon Bay 96/595 WS 10/9 4/9 6/9 JJJ 9/9 rokvo Bav* 99/599 18/8 Via Lex 5/9 8/9 10/9 S 95/598 23/8 17/9
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      88 35 (National Carrier of Jordan) 1 JORDAN FAR EAST LINE S.A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS VMMI/Voy Cigadrng Sin Kuching Tf. Maui FPU FORTUNE ADA 3/9 8/9 15/9 Ho^ h JFOO6W Jeddah, Aqaba FORTUNE BETA ~5/9 13/9 JFQQ7 Jeddah, Aqaba LOAD FM L M'SIA INDONESIAN PORTS SUBJECT TO
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      348 35 I•iWl™ i I 1 mk MYANMA P& FIVE STAR UNE (Myarimar National Line) Loading for Yangon (Rangoon) Spore P.Kelang Pen MYOMA YWA VI29W In Pt HPA-AN VIS3W 14/16 AUG PATHEIN VIO4W 16/11 AUG PAGAN VI6OW 22/24 AUG MERGUI VIOIW 30/1 SEP MYOMA YWA VI3OW 04/07 SEP <S»THE BANK UNE (A
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      845 38 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV RDM ANT HBG RST T WENOA 6W 17/1 7/9 1/9 10fl 12/9 AMERICAN SEN WFB34 21/1 13/1 14/9 IS/9 17/9 11/9 0 GROTEWOHL 6/90 29/1 22/9 23/9 25/9 21/9 EUROPEAN SEN WFO37 1/9
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      1100 38 ouw cmnußAim service 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
      368 38 LOAOING FOR LOADING FOR BUENOS AIRES ur«£L VOM COO 0«N (AIRES NVIOCO RIO ITS VIT PAGUA MOSmEN I 17/1 H* 2/1 I*9 U/» 2W VsAMNA M 1H M Wl- IJ» cfsAMl fcM 12/1# 2110 *11 Ml- 14/11 msmiNl wi 2811 2/12 li/12 U/12- *12 VTIA DISCHARGING FM BRAZIL ONLY SPORE
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      1406 38 t iZi fe «r CHINA OCEAN SHIPPING COMPANY 2 WMW" 6 FULL CONTAINER LINER SERVICE telexesSSraoHP CR NO: 117t7n0000M FAX miff General Agents: COTTAR SHIPPING Fl* LID colTA u vessewvov 1 scp fix «ot ham ant p*k vessel/vot ru wt iw» or w|» I KANC Hfjm u« M 1W 11*
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      774 39 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA 411 IPI Destns 17/8. 24/8 j 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 Kelang Branch Tal: *****21/2/3 Fax:
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      242 39 SRhFIELD MARINE A6ENCIES (S) PTE LTD 5k TEL: *****33 (12 Unas) M FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Llnas) P\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING FOR SPORE ABBAY WOHZ 2SWB 22/06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAH
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      809 39 MASKAPAI PELAYARAN PapuLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICEWEEKLY/WEEKLY FIXEO DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS, r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN
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      Page 39 Advertisements Column 4
      608 39 BANGKOK CEBU/MANILA 'vtsaa Ivor Singapore ianoxoh vcwb. voy rpoßt cau mawu MAHA BHUM 22N *1 1 15/8 Sit 18/8 SO ORIENT M M M MEKHANIK KURAKO 22N Thuf 16/8 Sun 19/8 AHA BHUM 343 24/8 30/8 1/9 WAWTA BHUM 02H Ffi 17/1 Mon 20/8 SO. ORIENT 350 31/8 5/9 7/9
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      258 39 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ETA Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl Hfi Fli Hun krt Fos/Mar Lht S'pert ANTWERPEN 13/7 24/7 26/7 22/7 2/8 V 8 22j» TUT EXPRESS 11/8 23/8
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      1284 40 A MAC-NELS SIMBAPOBE l ami rti: ittnn I to= kiiom] I AA| PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9
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      Page 40 Advertisements Column 2
      494 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN W PtV AUCK tYT MULBERA ICS 22 Am 3 Sep V« NPJ- 5 PROSPECT
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      Page 40 Advertisements Column 3
      1150 40 /gs\ THONG SOON LINES PTE. LTD. I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) I Tel: *****22 Fax No: *****73 I CONVENTIONAL/CONTAINER SERVICES I CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH I mm wt eti kit iHia w O mi 1
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      69 42 Orient Bcjlk Lipce KKU SIN PKL DESTN YANNIS/***** Sid Sid FLU/ANT/UK/NTS ACROPOUS/***** Sid Sid In Pt FLU/ANT/UK/NTS VESSEL NAME m LEA LLC DESTINATION MAN MO 1 3/K 22/S 25/8 YANGON (BURMA) SEAMM 17-90 2M 31 It YANGON (BURMA) TOMW SATU 10/9 12/9 YANGON (BURMA) FOONG SUN SHIPPING ft TRADING (PTE)
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      69 42 STORE 4USA CONSOU START! We provide punctual transit time fixed date weekly -j- 1 j A?so'accept FCL to USA/ £j& CAPTAIN CONSOLI J) Europe/Far East the other M 4* IDI I ports in the world as per /i l your enquires. S'PORE LAX MLB N DOOR| sS&New Wave Transport (Singapore)
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      131 42 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S port P Gudang P KeUng Loading For PUJIANG In Pt HUANGPU LtSHUI 199 In Pt HUANGPU GUANGSHUI 1M 2W 239 HUANGPU /XIAMEN ■SHANGHAI OAOC 22)1 HUANGPU OA DANG HAI ISA HAIKAO JIANCHANG M HUANGPU fXINGANG/QiNGDAO SCHINDON TRADE FREIGHT SERVICES 47 BEACH RD, #05-06
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      424 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 ******************************001(**********1*0 2000 2100 *****300 JR 08 17 1.7 2.1 27 27 1.9 1.6 12 1.0 0.9 1.0 17 1.6 2.1 2.5 2.7 17 2.4 2.0 15 LI OJ 0.7 PP 08 17 1.7
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      442 44 WEEKLY CONTAINER SERVICES FCL LCL TO/FROM SIN/MADRAS/CALCUTTA (See Our Schedule on pg. 16) PAKISTAN NATIONAL 438r 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 TY/N S.KOREA JAPAN VESSEL BELAWAN
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      699 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 HKC SIN HYUNDAI PIONEER 34E 18/08 23/08 11/09 13/ OS 16/09 15/09 HYUNDAI INNOVATOR 33W 09/07 17/07 15/0? C 2*» 12/08 LALANDIA 34E 25/08
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      Page 44 Advertisements Column 3
      562 44 ALL SET MARiNS IASHiiIG CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 p^H||^^ipßTa^^ki^^^2AEß^B^o|Bl \r*t* trw, fi£ nwlna |m»mmi smllax lomlhou lom. IB |wm Ikhihtci MtUyiu I I Cut •UNGA KEMUNING VMO —1M AU.I6ATO* PtlQt V.ICM V> |*ff |U/» Uff U* Off U>* W OUR USA KINCA KEMUNING
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