The Business Times, 21 August 1990

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday August 21 1990 75*
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  • NEWS SUMMARY
    • 56 1 PAKISTANI troops fired artillery shells and incendiary explosives at an Indian border post in Kashmir yesterday, forcing India to take defensive measures. A Defence Ministry statement said an army post in the Kupwara sector of India's Jammu and Kashmir state was heavily
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    • 30 1 NYPRO, an American manufacturer of plastic parts for the medical and electronic industries, has acquired a controlling interest in Nycosa (S) Pte Ltd for 10m Page 2
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    • 30 1 SOME USssoob worth of construction projects will be generated in the Asia-Pacific, excluding Japan, over the next five years; according to the Construction Industry Development Board Page 2
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    • 23 1 ECONOMIC reforms allowing Vietnamese to start private businesses have raised demand for credit in the last few years. Page 8
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    • 25 1 PHILIPPINE banks and investment houses object to a plan for a 30-month moratorium on payments on the country's foreign debt Page 8
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    • 25 1 TOP Korean opposition leader Kim Dae-jung urged President Roh Tae-woo to prevent a collapse of the country's crumbling stock market. Page 10
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    • 24 1 JAZZ keyboard maestro Herbie Hancock says chanting not only opened up his life, but pulled fortune into the opening. Page 19
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    • 32 1 CITY-LINK Express (Malaysia) will link up with one of the biggest courier companies in Japan in two months' time to tap the lucrative Japanese market Shipping Times Page 1
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  • MARKETS SUMMARY
    • 35 1 BLUE-CHIP share prices on Wall Street inched up yesterday, with the Dow Jones index of 30 leading industrials standing at 2,649.50, a gain of 4.70 points, five minutes after the market opened.
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    • 49 1 LONDON share prices were slightly down at midday yesterday in a market lacking any investor interest and waiting for developments in the Middle East. At 1113 GMT, the broad-based Financial TimesStock Exchange 100-share index was down B.S points at 2,168.4, its lowest point of the day. AP
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    • 30 1 A NEW period of aggressive acquisition lies ahead tor Cerebos Pacific, now that Suntory has replaced Ranks Hovis McDougall as the major shareholder of Cerebos Page 3
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    • 30 1 HAW PAR is expanding its sports-related activities by acquiring a company which is engaged in the assembly and merchandising of golf clubs and accessories Page 3
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    • 29 1 TAT LEE Finance has reported a lower net profit figure of $l.lm, down 22.7 pc from 1.49 m in the corresponding six months last year. Page 3
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    • 19 1 Cxch—f rates USS SS 1.7895 Yen SJ1.2I45 MmmMrS" 850 6643 Overnight 6 1/2 -1/2 3-month. 6 13/16% -1/8
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    • 33 1 London Gold PM fix US$407.50 -US$3.75 SS?Sep.„. I6IJXMS +3.00 Nfsia Sep M238.00Vkg +2.00 KL Tin Turnover 79 tonnes +5 Spot M$16.0l/kg +0.01 CrMlt palm Turnover 408 lots -335 Sept M$675 /tonne +3
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    • Article, Illustration
      29 1 Monday Change BT-MGA 666.36 -21.44 Kuala Lumpur ....552.47 -9.69 Hongkong 3,052.84 -69.8 Toty)™!. 26,490.47 -296.25 Sydney 1539.3 -3.4 Friday Change New York 2644.80 -3.63 London 2176.9 -45.2
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  • 336 1  -  By Quak Hiang Whai INDONESIA'S diversified Dharmala group plans to expand its business in Singapore, including the introduction of a new fast-food franchise chain by the end of this year. The group is also interested in a banking presence in Singapore, possibly by having
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  • 383 1 The Gulf Crisis Agencies IRAQ tightened its grip on trapped Westerners yesterday, ordering embassies in occupied Kuwait to shut down within four days, and holding dozens of hostages at secret locations. The West, undeterred, widened its already massive military buildup in the Gulf.
    Agencies  -  383 words
  • 217 1 SHARE PRICES on most Asian and European stock exchanges yesterday followed last Friday's heavy fall on Wall Street with investors remaining pessimistic that the Gulf crisis could be resolved in the short term. In London yesterday, nervousness that US President George Bush might
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  • 58 1 US Secretary of Agriculture Clayton Yeutter, with his attache case promoting US Rice", shaking hands with his Japanese counterpart Tomio Yamamoto at the start of talks yesterday. Mr Yeutter is in Tokyo, facing a stiff fight in his efforts to get Japan to ease its
    Reuter picture  -  58 words
  • 618 1  -  Both barred from management posts for 5 years By Conrad Raj BILLIONAIRE Kwek Hong Png of the Hong Leong group of companies and his nephew Quek Leng Chye were yesterday each fined $5,000 after pleading guilty to a breach of
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  • Page 1 Advertisements
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    • 33 1 More Indonesian groups raising funds in S*pore, Pg 7 Hostage offer rejected Indonesia proposes Opec meeting, Pg 10 Paying dearly for higher oil prices, Pg 12 More impose surcharges. Shipping Times Pg 1
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  • HOME NEWS
    • NEWS ROUNDUP
      • 72 2 ASEAN countries, which saw the largest tourism growth rate in the Asia-Pacific last year, should see tourism receipts of U5524.9 billion in 1993. Last year, Asean saw some 17 million tourists. Except for Brunei, the other five Asean countries had tourism growth rates of between
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      • 66 2 AUSTRALIA has named Alan Brown as its new High Commissioner to Singapore. Mr Brown, most recently first assistant secretary in the international organisations and legal division of the Department of Foreign Affairs and Trade, succeeds Ros McGovem. He has served in Indonesia, Sri I anlra t Switzerland,
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      • 60 2 THE Public Works Department has been awarded a $1.5 million contract to widen Grange Road and Orchard Link, and to construct a new link between these roads and Somerset Road The new link is part of the traffic scheme that will come into operation when the Central
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      • 86 2 REMEMBER, there should be no more distribution of free cigarettes at social functions, the Ministry of Health said yesterday. In a reminder notice, the ministry said there should be no distribution of free cigarettes during functions such as the Chinese 7th Month Festival celebrations, trade exhibitions/fairs
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      • 91 2 A CITY Centre town council has been formed to take over the daily management of the common areas in all public housing estates in Kreta Ayer, Kim Seng and Kampong Glam. The council's chairman is Loh Meng See, the MP for Kampong Glam and group personnel manager
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      • 49 2 DR TAY ENG SOON, Minister-in-charge and chairman of the Vocational and Industrial Training Board (VITB), will lead a team of VITB members on a visit to the automotive industry tomorrow. This is the third in the series of VITB visits planned for 1990.
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      • 45 2 ENROLMENT for two courses under the National Productivity Board's "Fast Forward" (FF) workers' training programme has commenced. The courses are on successful selling and on supervision, said the NPB yesterday. Forms are available from all post offices, selected CCs and the NPB.
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    • 292 2  -  By Anne Lee AMERICAN manufacturer Nypro Inc has acquired a controlling interest in Nycosa (S) Pte Ltd for $10 million from one of its two Swiss trading partners, Uhag Ueb-ersee-Handel AG. Nycosa makes small plastic parts for the medical and electronic industries, including 3M,
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    • 202 2 SOME US$5OO billion worth of construction projects will be generated in the Asia-Pa-cific, excluding Japan, over the next five years. Most of this building activity will be concentrated in the next two years, with demand expected to slacken after 1992, said the Construction Industry Development Board in
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    • 167 2 ABOUT 40 businessmen and Singapore government officials yesterday flew vo Myanmar on the Trade Development Board's second trade mission to the country in a year. The team took off at noon on the inaugural flight of Tradewinds to Yangoon, capital of Myanmar. Tradewinds is a subsidiary
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    • 524 2  -  LETTER TO THE EDITOR Lacas Liew WE WISH to comment on the Stock Exchange of Singapore's letter (BT, Aug 18). SES* motive The SES says that our company secretary "questioned the SES' motive in sending its letter of July 27 to SIA Where
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  • Page 2 Advertisements
    • 142 2 "Take me away from all of this." lb 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.
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    • 255 2 HP Vectra 486/25 power and performance has just become irresistible. Now it's easier than ever to support, makes the HP Vectra at 26 MHz dock rate. start enjoy infl the benefits of 486/25 virtually irresistible. 8 Extended industry standard An-hi lecture (EISA) tkXa (IBM PC/AT com pauMe) each accepts 8.
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 328 3  -  By Chuang Peck Ming A NEW PERIOD of aggressive acquisition lies ahead for Cerebos Pacific, now that expansionist Suntory has replaced Ranks Hovis McDougall as the company's major shareholder. The Japanese liquor conglomerate's successful bid in April for the food-based company famous
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    • 252 3 SHAREHOLDERS of Cerebos Pacific yesterday approved the split of the company's stock and a bonus issue to expand its shareholder spread following Japanese whisky manufacturer Suntory's successful bid to become the company's majority shareholder. At an extraordinary general meeting, they accepted a recommendation by adviser
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    • 428 3  -  By Yong Pow Ang CASHING IN on the booming leisure industry, Haw Par Brothers International is acquiring a 75 per cent stake in Recreational Investments (SEA) Pte Ltd for a total consideration of 1 5.83 million. The seller is Australian Capital Equity (Asia)
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    • 428 3 MBT THE GT ASEAN FUND, a unit trust managed by Hongkong investment management firm GT Management (Asia), had achieved U*****.6 million in net assets in Asean as at the end of May, the bulk of which was invested in Malaysia and
      MBT  -  428 words
    • 416 3  -  By Quak Hiang Whai TAT LEE Finance has bucked industry trends by reporting a 22.8 per cent fall in after-tax profit to $1.15 million for the first six months of this year. But operating revenue rose 38 per cent to
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    • 493 3  -  By Yang Pow Ang A HIGH occupancy rate in the first six months of this year has boosted the profits of Shangri-La Hotel Ltd and Apollo Enterprises Ltd. The directors of ShangriLa Hotel, however, have cautioned that the Middle East crisis may have an
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    • COMPANY BRIEFS
      • 111 3 CORRECTION 2 THE Kuala Lumpur Stock Exchange, concerned over the increasing number of share certificates stolen because they are sent to shareholders by ordinary post, has directed all listed companies to despatch the certificates by registered post or courier service. Its chairman Nik Mohamed
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      • 82 3 FOUR-DIGIT LOTTERY operator Magnum Corporation Bhd has reported a 146.65 per cent jump in its group pre-tax profit to Ms4s million for the six months ended June 30, 1990 from M$ 18.25 million in the same period last year. Reporting its unaudited interim results yesterday,
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      • 41 3 STRAITS STEAMSHIP LAND has awarded the superstructure contract of its 27-storey intelligent office building at Hoe Chiang Road to Takenaka Corporation. The $79.8 million contract was awarded amidst keen competition from eight major local and foreign contractors.
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      • 49 3 THE Stock Exchange of Singapore yesterday granted inprinciple approval to Lim Kah Ngam Ltd for the listing and quotation of its placement shares on the official list of the exchange. LKN's private placement comprises 10 million new $1 ordinary shares priced at $1.95 apiece.
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      • 40 3 MR QUEK Leng Chan and Mr Lay Kok Weng have been appointed as directors of First Equity Development Pte Ltd and First Prudential Development Pte Ltd, both whollyowned subsidiaries of First Capital Corporation Ltd.
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      • 84 3 MULPHA International Trading Corp Bhd said its disposal of Oyl Condair Industries Sdn Bhd resulted in a group extraordinary gain of M$ 169,000. However, the disposal would not have a material effect on the net tangible assets and earnings of the group. Mulpha said its board
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      • 46 3 PARAMOUNT Corporation Bhd said it had acquired the entire issued and paid-up share capital of Current Connection Sdn Bhd comprising two ordinary shares of Msl each for M$ 1,700 in cash. Current Connection, a dormant company, intends to undertake retail related activities.
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  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 107 4 AUSTRALIA'S biggest company, steel manufacturer BHP, has lost 20 per cent of its domestic sales because of what it sees as the effects of recession. While exports had increased substantially, making up some of the lost revenue, the trend affected profits this financial year,
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      • 93 4 IN THE FIRST TWO WEEKS of this month, Taiwanese investors withdrew NT$2 billion (U5574.4 million) from unit trust funds, according to the South China Morning Post. Events in the Middle East and plunging share prices on world stock markets spurred investors to sell at record
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      • 68 4 MITSUBISHI OIL CO LTD said yesterday that it will import 190,000 barrels of synthetic petrol from New Zealand next month following the suspension of petrol imports from Kuwait. Mitsubishi officials in Tokyo said the company decided to order emergency imports from Petlocorp of New Zealand as
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      • 72 4 SUZUKI MOTOR CO LTD has announced that it will export 50 of its Cultus Esteem subcompact cars to Argentina on a trial basis in October, following Argentina's relaxation of restrictions on finished car imports last year. The company planned to test the market and, if
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      • 95 4 THE BROKEN HILL PTY CO Ltd's petroleum arm has signed a production-sharing agreement with the Maltese government covering two blocks off the north coast of the island. The agreement covers blocks 2 and 3 in Area 3. It is for a seven-year exploration period with
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      • 100 4 SANYO ELECTRIC CO LTD will increase production of colour television sets in Europe to meet growing demand there, said a spokeswoman for the Japanese consumer electronics maker in Tokyo yesterday. Sanyo Industries (UK) Ltd, with production capacity of 400,000 to 450,000 units a year, plans
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      • 75 4 MATSUSHITA ELECTRIC INDUSTRIAL Co Ltd recently shipped 1.1 billion yen worth of electric components to the Soviet Union. A company spokesman said in Tokyo yesterday that Matsushita shipped 250,000 motors for use in vacuum cleaners and 144,000 compressors for use in refrigerators. The Soviet Union plans
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    • 421 4 TOMEI INDUSTRIAL (Holdings) has plans to list its China joint venture on the young Shenzhen Stock Exchange next year. Tomei's joint-venture partner Wah Le Electronics is preparing for the flotation, which could raise twice as much money as a listing on
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    • 492 4 TOMEI Industrial Holdings' recent acquisition of stakes in two companies to be listed in Hongkong in December underlines the expansion policy of the company, according to chairman Johnny Lau Winghung. Last year, Tomei made about 13 million Walkmans, an estimated 18 per cent
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    • 280 4 WARDLEY's HKS6O million issue of Hongkong Portfolio Call Warrants got off to a poor start on the first day of trading last Friday. The warrants slumped 14 per cent from the issue price of 90 cents to 77 cents, the South China Morning
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    • 369 4 HONGKONG ranked as Asia's third busiest mergers and acquisitions (M&A) centre in the first half of the year, as firms finished US$6l6 ftiillion worth of business overseas, the South China Morning Post reported. Hongkong's position in M&A business worldwide is out of proportion
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  • Page 4 Advertisements
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    • 106 4 TJ" 'J ur* ~<>- Xfl|s3 FOR WHO, WHAT, WHERE AND WHEN M THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts
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  • Page 5 Advertisements
    • 22 5 INDIVIDUALITY. NOW ALSO AT PALAIS RENAISSANCE. ill VISIT ALFRED DUNHILL AT PALAIS RENAISSANCE, HILTON INTERNATIONAL HOTEL, THE PARAGON AND LEADING DEPARTMENT STORES.
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  • INTERNATIONAL COMPANY NEWS
    • 314 6 FT THE LONDON Slock Exchange has demanded an immediate explanation from Peck International about an extraordinary sequence of statements from the company. Asil Nadir, chairman of tfc fruit, electronics and leisore company, had announced earlier last week tftat he did not, after
      FT  -  314 words
    • 251 6 Reuter POLISH OVERSEAS trader Universal SA, fresh from the country's biggest share flotation offer to date, has said that its sale was a success but large-scale privatisation of the economy would prove more difficult Universale development manager, Tomasz Lukasiewicz, last week cited public ignorance, shortage
      Reuter  -  251 words
    • 615 6 NYT IN THE KOHL government's vision of reunification, West German companies were expected to race into East Germany, providing the financing, equipment and expertise needed to rebuild that country's ruined industrial base. As the largest West German company, Daimler-Benz AG would
      NYT  -  615 words
    • COMPANY BRIEFS
      • 93 6 BRITISH Tdecommunications pic has said it could not comment on renewed press speculation that the UK government planned to sell its 48.8 per cent stake in the company, worth around £8 billion, next year. "BT cannot comment," a company spokesman said yesterday. British government owns the
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      • 77 6 HUNTING pic said yesterday that its subsidiary Field Aircraft Ltd had won a contract from British Aerospace pic unit British Aerospace Commercial Aircraft worth potentially more than £100 million over the next decade. The contract is for the design and manufacture of interiors for the new British
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      • 97 6 IRISH group Food Industries pic said yesterday that it had agreed with its majority shareholder Larry Goodman to terminate its call option on 20.32 million shares in UK foods company Unigate pic. Food Industries said Goodman had paid it £1 million to terminate the option. If
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      • 103 6 CAR rental firm Interßent Europcar Autovermietung GmbH, owned by Volkswagen AG and the Franco-Belgian Wagon-Lits group, said sales in the 1990 first half rose 24 per cent to 422 million marks from a year ago and sales for 1990 should top one billion marks. Interßent said during
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  • Page 6 Advertisements
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  • FINANCIAL NEWS
    • 447 7  -  By Quak Hiang Whai LURED BY cheaper funding costs here, more and more of Indonesia's financial institutions are raising funds on the Singapore capital market to meet their clients' financing needs as well as to raise their own profile on the local and
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    • SMALL CHANGE
      • 66 7 JAPAN'S Bank of Tokyo Ltd has agreed with the Indonesian government to cooperate in promoting investment by Japanese companies in Indonesia, a bank spokesman said. Under the agreement, the bank and the government of Indonesia will exchange information on Japanese investors and Indonesian firms
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      • 108 7 THE central bank of Sri Lanka said the US dollar will be allowed to fluctuate more against the Sri Lankan rupee according to market trends. A spokesman said under the new system, effective yesterday, the bank would announce the US dollar exchange rate in the morning
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      • 64 7 TOTAL unrealised yen bond losses at Japan's 12 city banks and three long-term credit banks are currently about three trillion yen, yen bond dealers and bond analysts estimate. The losses, more than double the 1.25 trillion yen as of March 1990, stemmed from plunges in yen
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      • 82 7 DUTCH cooperative bank Rabobank Nederland, the first of the large Dutch banks to publish its six-month results, said it expected dearly higher 1990 net profits. The bank earlier reported its first half net rose 10 per cent to 488 million guilders from 443 million. In 1989,
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    • 443 7 Reuter THE US central bank is likely to decide to run the risk of a recession and resist political pressure to cut interest rates when it meets today to map out monetary strategy, economists said. With inflation already showing signs of picking
      Reuter  -  443 words
    • 238 7 NYT THE dominant player in the credit markets these days does not sit in the Federal Reserve's ornate office at the corner of Constitution Avenue and 20th Street in Washington, but in the presidential palace in Baghdad. As a consequence, the course
      NYT  -  238 words
  • Page 7 Advertisements
    • 29 7 I 4. I I UP TO 60% ?a LU m e a ke I Immediate approval at low interest rates I I a s,NO investments I I finance I
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    • 433 7 H 8 I I Add a colour anywhere, 1 with one scan. t f INVESTMENT OBJECTIVE INVESTMENT OBJECTIVE On the subject of investment objective, 66% of the respondents On the subject of investment objective, 66% of die respondents indicated that their goal was to maximize income and capital gains indicated
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  • Page 7 Miscellaneous

  • THE REGION
    • NOTE BOOK
      • 78 8 SHANGHAI'S NEW multi-billion dollar development zone in the Pudong port area will borrow US$2OO million from the Rqnir of China over the next two years, the official New China News Agency said. The loan will be used for capital construction, bank president Wang Deyan was
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      • 70 8 VIETNAM will send a delegation to South Korea next month to discuss economic cooperation, the first official visit since before the Vietnam War, officials said yesterday. The two nations have no diplomatic ties. The state-run Korea Trade Promotion Corp said a six-member delegation led by
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      • 66 8 A GROUP of politicians and activists yesterday launched a movement to press Swiss banks to return to the Philippines US$5OO million in deposits allegedly kept by deposed president Ferdinand Marcos. "We want to show our just anger, our just indignation," Senator Agapito "Butz" Aquino told a
        66 words
      • 76 8 AFTER SEVEN YEARS and sweeping changes in the Philippines, a special court is now poised to make a decision on who murdered opposition leader Benigno Aquino. But the long wait is far from over. The defence and prosecution submitted their final arguments on Friday, but the
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    • 663 8 Vietnam grappling with market reforms Reuter ECONOMIC REFORMS allowing Vietnamese to start private businesses have raised demand for credit in the past few years. The State Bank of Vietnam was unable to satisfy that demand and hundreds of new non-state regulated credit cooperatives and
      Reuter  -  663 words
    • 253 8 Reuter PHILIPPINE BANKS and investment houses objected to a plan for a 30-month moratorium on payments on the country's US$26 billion foreign debt. The Senate and the House of Representatives have passed a non-binding resolution asking President Corazon Aquino to negotiate a 30-month moratorium
      Reuter  -  253 words
    • 249 8 NST THE INDIAN government is examining the structure of Malaysian investment incentives for possible adoption of some packages in India. The High Commission in Kuala Lumpur has sent the necessary papers on Malaysia's investment policy to New Delhi. Outgoing Indian Hiph Commissioner to
      NST  -  249 words
    • 494 8 Reuter SEVEN YEARS after the assassination of her husband on the tarmac of Manila airport propelled her towards power, Philippine President Corazon Aquino faces a crisis that threatens to unravel much that she has achieved. Rightwing army rebels seeking to overthrow Aquino have
      Reuter  -  494 words
  • Page 8 Advertisements
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  • THE WORLD
    • 649 10 Reuter IRAQI President Saddam Hussein, seeking to weaken the Western public's resolve, has offered to trade Baghdad's 13,000 hostages for a US pullout from the Gulf but London and Washington has scorned the proposal. "It seems we're getting a daily seminar of Iraqi
      Reuter  -  649 words
    • 489 10 The Gulf Crisis Reuter INDONESIA has proposed a limited meeting of six Opec members by the end of this week at the earliest which could convene full emergency talks among the group, Mines and Energy Minister Ginanjar Kartasasmita said. "Two members of each of the
      Reuter  -  489 words
    • 728 10 NYT SHORT OF FOOD and dependent on imports for everything from motor parts to chicken parts, Iraq's economy is widely assumed to be exceptionally vulnerable to a trade embargo. If the United States and its allies are prepared to stand up
      NYT  -  728 words
    • 331 10 AFP THE European Commission is to propose a timetable for European economic and monetary union (EUM) today, recommending that the process be achieved within two years, an informed EC source said in Brussels at the weekend. Finance ministers from the 12 European
      AFP  -  331 words
    • WORLD WATCH
      • 90 10 NOW THAT it has left the ruling coalition, East Germany's second-biggest political party says it will try this week to speed the pace of German unification. The left-leaning Social Democrats left the broad coalition government of Prime Minister Lothar de Maizierc
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      • 65 10 UNEMPLOYMENT, virtually unknown during 40 years of communist rule, has become a new plague for 700,000 Poles and worse is to come, according to Labour ministry experts. Most people looking for work at the regional job centre in Warsaw are women and many are in their twenties
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      • 154 10 RESTAURANTS, supermarkets, even large department stores and other businesses are preparing to cash in on what they expect will be a dramatic rise in demand for lunches at Tokyo's Nishiguchi area, the city's new business quarter. The area's daytime population will jump by 35,000 to 270,000 when
        154 words
    • 227 10 AP TOP OPPOSITION leader Kim Dae-jung yesterday urged President Roh Taewoo to prevent a collapse of South Korea's crumbling stock market. Kim, head of the nation's main opposition group, the Party for Peace and Democracy, demanded the president take special
      AP  -  227 words
  • Page 10 Advertisements
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  • 488 12 EDITORIAL WHY is it that the Middle East cannot rid its politics of terrorism? Taking people hostage, while not a monopoly of that region or areas close to it, has been perfected there. Libya elevated terrorism to the level of a philosophy, and Iran gave the
    488 words
  • WHAT THE OTHERS SAY
    • 215 12 THE CALL by Dr Yeo Ning Hong, the Minister for Communications and Information, for Singaporeans to set aside one per cent of their income for charity deserves support. Likewise, the decision by SPH to contribute one per cent of its annual trading profit to community and
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    • 123 12 IMFFX 90, the conference and exhibition on halal products, has ended with some concrete achievements in the bag. A notable one is the government's commitment to and support for making Singapore a centre for halal products. The production of halal products requires strict adherence to the
      123 words
    • 130 12 IN THE culture of the East, individualism makes us see the bad first before appteciating the good. This is the hallmark of Western society, an issue that has often been brought into public focus in Singapore. Despite its positive contributions to progress in Western technology and
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  • REGIONAL VIEWPOINTS
    • 171 12 PRIME MINISTER Chatichai Choonhavan may be busy with domestic political problems stemming from the sacking of Santi Chaiviratana. He might have shown some concern over the fate of Thai workers in the Middle East. He might be preoccupied with other problems. But it's time for the
      171 words
    • 160 12 OF ALL the nations that have come to the aid of Hongkong, Canada has perhaps been the most vocal in its support. Given this, it is disturbing to hear that Canada is planning to freeze its immigration intake for two months, ostensibly because its Immigration Department is
      160 words
    • 181 12 THE FACT that the US Government has rejected all three petitions calling for the withdrawal of Malaysia's trading privileges under the Generalised System of Preferences (GSP) is a major setback for those who are behind the petitions. Let this episode be a lesson on the folly
      181 words
  • 1465 12  -  Leigh Bruce examines the prospects for European companies in the face of rising energy costs and the falling US dollar. Leigh Bruce IHT European companies face a period of reduced profit margins and intensified competition as a result of higher energy costs, according to
    IHT  -  1,465 words
  • Page 12 Advertisements
    • 102 12 IHE NEW 6B®AItON OKI MAIN PAPER FAX. The revolutionary, new generation Savings on operation cost and OKI Rain Paper Fax overcomes your time. fading thermal tax problems. Plus many other features. Non-fade, permanent faxes on Call our fax-experts now for no-risk, plain, ordinary paper sheets no-obligation advice on how you
      102 words
  • Page 12 Miscellaneous
    • 47 12 DOONESBURY BY GARRY TRUDEAU BOSS?CAN 7H&&S ~TU, BB RBSI6NIN6ON\ 1 I COMB NOUS* m House naXTHG I MAXSSMSmSS. I WCAN7 1 PONT KNOW.. QOOD IN* 7RYING7O LACEY... AFWRNOON, I HAVE I £VEN6OOP lt&S'\ J BESiGN fT*5 JUST SO— nsf CHANGBMY TOOWNLP7OMY I LATDRS. VQUCAtfTI S SO JAPfiHPSe'
      47 words

  • ANALYSIS
    • 824 13  -  Since the discovery of oil in the *****, the fabulous wealth of Saudi Arabia and its rulers has aroused the envy of others. Nicholas Moore examines how an ancient warrior dynasty delicately balances modern day dictates with the demands of Islam. Nicholas Moore Reuter
      Reuter  -  824 words
    • 1466 13  -  South Africa's townships are no strangers to bloodshed. But what lies behind the dreadful animosity? Alan Cowell unravels the tangled web of ethnic, political and economic divisions that, causes one black man to take up arms another. In an accompanying article lan
      NYT  -  1,466 words
    • 560 13 Reuter WINDS of political change are gusting across southern Africa, sweeping away old beliefs and dogmas in some countries but meeting stiff resistance in others. A new spirit of pragmatism is in the air, boosted by the changes in Eastern Europe, the emerging dialogue between
      Reuter  -  560 words
  • Page 13 Advertisements
    • 67 13 DISPOSABLE CONTACT LENSES Now available at PHILIP D IZAAC OPTOMETRIST-CONTACT LENS CUMC 02-26 Paragon Shopping Centre 290 Orchard Road Tel. *****66 PHIUP D. IZAAC LCO (UDNO) MEMBER OF THE BRITBH CONTACT LENS ASSOCIATION Consultation Hours: Mon To Sat: 10.30 am 7.00 pm Sun Public Holidays 11.30 am 6.00 pm A
      67 words

  • INNOVATION & TECHNOLOGY 1
    • 297 14 AP THE South Korean Trade and Industry Ministry has prepared a five-year plan to develop manufacturing technologies requiring U554.23 billion in government subsidies, officials said in Seoul last Friday. Ministry officials said the plan overlaps in some areas with a high technology development
      AP  -  297 words
    • 388 14  -  By Claire Leow A CHICAGO-BASED soft--71 ware development comJ. JL pany is expanding its regional office here with larger training facilities at The Gateway in November. Until now System Software Associates (SSA) Singapore has 4)ad to contend with limited facilities operating out of hotel
      388 words
    • 816 14  -  Kenneth James looks at why Microsoft's Windows 3.0 is causing a stir in the personal computer world IT MATTERS Kenneth James SOMETHING 810 is astir in the personal computer (PC) world. Magazine after magazine has devoted prime space to, and bestowed even more valuable plaudits
      816 words
    • 386 15 NYT SUN Microsystems announced last Wednesday that it had entered into a cross-licensing agreement with IBM, tacitly acknowledging IBM's claims to having pioneered a popular advanced computer design. IBM has said that it has notified a number of computer makers that it believed they
      NYT; Punch  -  386 words
    • 349 15 AN AMERICAN monthly newsletter Technology Forecasts has said that the University of Sooth Carolina has successfully synthesised a small unit of the main molecule of molecular electronic devices (MEDs). This breakthrough could lead to "organic computers" in the future with the development of devices 1,000 to 10,000 times
      349 words
    • 326 15 A MEMBER of the Singapore Technologies group will help set up a string of computerrecovery centres (CRCs) in the region to fight sudden disruptions to computerised operations. Computer Engineering Systems has joined forces with US-based Comdisco Disaster Recovery Services to establish these centres under
      326 words
  • Page 14 Advertisements
    • 239 14 THE FAX REVOLUTION! NETFAX has revolutionized PC-Fax systems! Now with just one fax card, Local Area Network (LAN) users can send clear reproductions of whatever appears on their PC screen across the continent! With. just a couple of keystrokes, they can specify the transmission time to send their messages to
      239 words
    • 133 14 Mobikjrease HP has been specialty formulated to extend Not to mention first-rate rust protection bearing life O 80 K your 9 rease isn t Wuei rt s for a As you can see. Mobilgrease HP looks nothing like an 2 chan 9 e To Mobilgrease HP. The Blue Super grease!
      133 words

  • Page 15 Advertisements
    • 20 15 FASWWWIIOP^ House Goods Industrial Sdn. Bhd. Lot 56-8, Air Karon Industry Estate. ***** Maiafca. Malaysia Tel *****588 (2 Unas) Fax:*****566
      20 words
    • 183 15 w INTRODUCING ACCUPOWER.® NOW, FROM THE WORLD LEADER IN COMPUTER SUPPORT WHO FOR OVER 25 YEARS HAVE SUCCESSFULLY COMPLETED OVER 100.000 SYSTEMS, COMES A COMPLETE LINE OF UNINTERRUPTIBLE POWER SUPPLY COMPUTER INSTALLATIONS. (UPS) SYSTEMS DESIGNED TO PROTECT YOUR PERSONAL COMPUTER FROM WORLDWIDE. COSTLY DATA LOSS, ARISING FROM POWER PROBLEMS OR
      183 words

  • Page 16 Advertisements
    • 538 16 The names we work with... ag ™s I I Division of Bayer (Singapore) Pte Ltd J No. 4 Penjuru Lane, off Jalan Buroh, Singapore 2260 M Tel: *****55 Tlx: BAYERSP RS ***** Fax: *****84 1 SINGAPORE I see The General Electric Company of Singapore Pte Ltd Magnet House, 985 Bukit
      538 words

  • Page 17 Advertisements
    • 475 17 A —*s J rn THE PRESTIGIOUS BUSINESS STATIONERY I Jk. M SHRIRO PAPER (SINGAPORE) PTE. LTD. m The CONQUEROR AND HORSEMAN symbol is a trademark of 11 Chang Cham Road, Singapore 0315 Wiggins Teape (UK) PLC Tel: *****11 Fax: *****44 Tlx: R*****0 SINGAPORE I Diversitec Distributors Pte Ltd (A Member
      475 words

  • Page 18 Advertisements
    • 263 18 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... I! ITALIAN MASTERPIECES U AT PREGO! Take your taste buds on a delightful journey through the inspired Italian dishes of the renowned chef, Paolo Verzeni. Try his award-winning specialties at Prego from August 13
      263 words
    • 298 18 ASMBUNG MSI' FOHMAnOR APPEARS TONIGHT ABOT SCDITSRQ\D CANOPY BAR —Via# a*4 l With its spectacular glass frontage, the Canopy Bar Is the ideal place to icc the stars. It's aho\Singaporc> newest and must exdusj»c rvndc/v*>u\ The Canopy Bar. upstairs at the Hyatt High Tea Buffet WTZrt One of the longest
      298 words
    • 226 18 xAe-^C**^ niHi, Sky Garden Poolslde Dally: 6.30 10.30 pm Adult: $12.50 Child: $8 *Complimentary birthday cake for a Plaza Hotel minimum of ten. Please make rnmrnsmmmmmmmmm reservations 4 days In advance tout urn in .«mihi strff. I Served nightly from $15.00++ Adult $10.50++ Child For raMTvatiom, oil *****28 Ext 8353/4
      226 words
    • 275 18 Say cheese to— < I SWISS I The Swiss hav* such wonderful ways with cheese. Savour thrm and more at The Belvedere's Swiss Buffet this month. SWISS KJFFET LUNCH 4 •> August 1 31, Noon 2.30 pm 4 j> Adult: $36-f Child below 10: $184- 4 K We serve the
      275 words
  • Page 18 Miscellaneous
    • 566 18 TELEVISION AND RADIO Monev and madness s sSSSr™ [BBHSF I'XV/llVj XlliiVtllVkJkJ 7Jt pMMwHMry— Party Poll- 1.3S Buaty lU4 Tbt Bm<( 5Jt Tpllir m!■ (Cartoon). T llm UTIW. 1 10m. ties (Drama, ep I). Through Lovers Be Lost 5J5 Taday la History. lfW Financial News g|HHapapiftM||pHpgßHnß g.OO Makatiaa Spatial A Catherine
      566 words

  • LIFESTYLE
    • 671 19  -  Victoria McGiothren relates what makes Herbie Hancock stand out in serene splendour, in the drug and booze-addled world of show business Victoria McGlothren Reuter A SMALL private audience in Hongkong listens to jazz pianist Herbie Hancock with rapt attention. They sit perfectly still. Only the
      Reuter  -  671 words
    • 663 19 AP IRAQI leader Saddam Hussein is catching heavy play on rock V roll radio these days. Disc jockeys across American are dubbing over pop songs to produce parodies aimed at Saddam. It evoked memories of the time when radio stations blasted Iran's taking of
      AP  -  663 words
    • 660 19 BF SKINNER, one of the century's leading psychologists who believed human behaviour could be engineered to build a better world, died of leukaemia last Saturday at Auburn Hospital in the university city of Cambridge Massachusetts. He was 86. Skinner was the patriarch
      660 words
  • Page 19 Advertisements
    • 226 19 ..AND EN wm Who Says You Cant Mix Business With Pleasure? MONDAY TO friday, 12 NOON TO 2JOPM.S3LOO++ PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an la carte main course in the relaxing ambience of
      226 words
    • 154 19 TdAIVA Restaurant and I KUIIV/% Karaoke Lounges FINESr RUSSIAN AND CONTINENTAL CUISINE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour Executive Set Lunch/ Set Dinner A la carte Restaurant Hours Monday! to Saturdays Hou twT to 2 3 Pn to 100 am Monday* to Sundays Tel: *****22 6.00pm
      154 words

  • SPORTS
    • SIDE LINES
      • 124 20 YUGOSLAVIA won its second gold medal in a month on Sunday when it easily defeated the Soviet Union 92-75 in the final of the World Championships of men's basketball in Buenos Aires. Yugoslavia, gold medallists at last month's Goodwill Games, joined the Soviets as the
        124 words
      • 87 20 LEROY BURRELL won his third 100-metre race in five days and led a quartet from the Santa Monica Track Club to victory in the 400-metre relay at a Grand Prix track and field meet on Sunday. Burrell finished in 10.15 seconds to defeat fellow US countrymen Mike
        87 words
      • 69 20 CHARLES MOTTET of France outsprinted three-time Tour de France champion Greg LeMond of the US in a four-way finish to win the Zurich Cycling Championship on Sunday. Claudio Chiappucci of Italy finished third, just ahead of Spain's Marino Lejarreta, capping the 240-km road race. Mottet led
        69 words
      • 59 20 RIVES McBEE withstood a late challenge from two other senior pros, firing a final-round 68 to win the U*****,000 Seniors Showdown Classic by one stroke in Utah on Sunday. Mcßee put together a 14-under-par, 54-hole total of 202, a tournament record, edging Lee Trevino and Don
        59 words
    • 893 20 Agencies TOP-SEEDED Boris Becker broke Peter Lundgren's serve four times in nine games on the way to a 6-3, 6-4 victory on Sunday in the US Hardcourts final in Indianapolis. Becker won his first title since March in his only hardcourt tournament before the US
      Agencies  -  893 words
    • 423 20 AP SECOND-SEEDED Monica Seles blew a four-game lead in the third set but won the tiebreaker 8-6 to upset topseeded Martina Navratilova 6-4, 3-6, 7-6 on Sunday in the finals of the Virginia Slims of Los Angeles. With the tiebreaker deadlocked at 6-6,
      AP  -  423 words
    • 306 20 AFP DAVIS LOVE birdied his final two holes in Colorado on Sunday to win the International by three points over Australian Peter Senior, Steve Pate and Argentina's Eduardo Romero. Love collected 14 points under the modified Stableford scoring system which encourages aggressive play by awarding more
      AFP  -  306 words
    • 155 20 AFP BETSY KING ended a daylong duel with Beth Daniel on Sunday by scoring an eagle on the final hole to win the inaugural Big Apple Classic in New Rochelle. King, who shot a courserecord 63 on Friday to take a three-shot lead, closed with
      AFP  -  155 words
  • Page 20 Advertisements
    • 835 20 Consolidated Income Statement i Years ended December 31 (FF thousands) A 1989 1966 1969 1968 REVENUES EXPENSES ANO NET Mereet mmiM 16,067,066 13,662,960 MCOME r m Cash and interbenk Interact ixpinw 14,440,766 9,414,477 traneactiong 2,878,529 3,200,363 Cxpaneea on cash and Banfcs and financial interbank transactions 3,873,723 3,586,004 matitunona 1,923*66 2*69,149
      835 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4249 21  -  By William Chia THE Straits Times Industrials Index plunged 33.41 points yesterday to close at the year's low of 1,280.72, as share prices tumbled across the board. Brokers said that prices continued to sink in the afternoon as institutional and individual
      4,249 words

  • 3834 22 Main Board OUT 252 +9 +3.7% H Prop Wt 91 44 +6 +15.8% Min« Court 472 +2 +0.4% PELS Wt 304 2 +0.7% OU Securities 160 +2 +1.3% UOL CULS 1 101 +1 +1.0% Chuan Hup Notes 91% +0.5% Marco Poto Wt 90% +0.6% V
    3,834 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3700 23 Bernama SHARE PRICES plunged across the board on the Kuala Lumpur Stock Exchange yesterday on selling pressure caused by increasing tension in the Gulf. The KLSE Composite Index fell 9.69 points to 552.47 while the Industrial Index was 19.22 points lower at 1,076.50. The New
      Bernama  -  3,700 words
  • Page 23 Advertisements
    • 94 23 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS fl L <ozy^<c> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an
      94 words

  • BT SHARE INFORMATION SERVICE
    • 92 24 Mm$m M* Ymt Iraap Nat IM Mnhp Smi mm t» pnflt/lM* (L) partlMr* »u> CM*) (cmIS) SMMtkn Am 14 Mw 90 $4,0891 ($8,0201) Am 3 MM 90 $2,334(12.7541) 2.i(-) r JMM Am 3 Mar 90 $15,40l($12,840) 1.5(7.1) 10h(3) Marat* M 27 Mar 90 18.3091(20,9250 94.2(107.2) 30(30.8) MM Jal
      92 words
    • 82 24 'tmmm M( Vmt in* pretax Nat unhp :*C". an I* pnW/lm <U pwttaw *»"< (c#nts) JMOn* A* 10 Mv 90 «7.«52(W184t) 04(—) 2(1) SaUM Am t Mar 90 M*M55(M|7.742) 15.5(118) 10(10) 'SS AMI Mv 90 M$1.766L(MS1.713) 2.5(35.) talL Ah| t Mv 90 HM30,940($74,410) 11(21.7) 70(135) jCmm* A* 7
      82 words
    • 299 24 to pafll/ton a) r«M) OUB Am It Jan 90 $46J46($38.520) 5(4) *"OUE Am 16 Jm 90 J13,2»(JM30) 6(4) N 0UT Am 16 Jm 90 $4,049(12.835) 4(4) Am 16 Jm 90 83*206(15.047) Pv Am 15 Jm 90 $1*187 ($14,963) am mi fa Am 15 Jm90 $3.596($3,411) Tm Ma Am
      299 words
    • 608 24 Currant Ex mki Data TaWlar TaWlar HP—I Ma daaa payaMa Mw ymr last y—r MhIMp 6% Aug ?8 Sep 7 Sep 26 6% 6% MOB 2.5% Sep 14 Sep 28 Od 27 2.5% 2% MM 10% Sep 21 Oct 5 No* 1 10% 7.5%(a) Mm 7.5%TE(I) Od 12
      608 words
    • 574 24 Eag ItaMtags and GX Mi Heldtags art said to be buying seats on the Hongkong Stock Exchange. xMm 17 lltoiii iin Mdtegs Ltd agreed to acquire a 55% stake in British contact lens maker -4Mii International Ltd from ThornfieW International SA for £1.12 m (S*3 9m). v lb«ig
      574 words
    • 294 24 SJa(ap«* Stocks Last Fal Y«ar CmpM* W [M Vaar M PS taaa M Up (WD laa*HMt Mm M* 30 Ok 89 S35L(h) M Mm Apr 26 U 90 13(a) 2JTE(a) 4.747 FIN Mm Jmi 23 Sap 90 354 ;S0 62.868 MM Mm A* 1 D* 90 662 210
      294 words
    • 391 24 Company Rights Ium Rata >4b (KK) Otters tor sate by or on behalf of Utd Evan (M) Bhd of 25 2m Aires by tray of a ngbts otter to wMtod shjittotdm of KK m Km bn of tour-tor-om Mil 25 each Ei-datr U 20 Books dosr Aug 3
      391 words
    • 636 24 BONDS, LOANS WARRANTS C— i—y Cwnh>»«y Cnr*i<wifcrw<Tiw CIC JR Betef* 26/4/93 1 warrant** U-Oi ca* Caaaawy Laa CimiiiiJ 2/10/19 to 20/10/94 1 warrant pla $1 oil «r 1 Ml |1 aoa—I a—ant ■> tow itoci OwUpl thrcb 87 to 31/12/81 1.55 warrants ptos $1J5 cab. (ka Hap KM 1/8/8 to
      636 words
    • 549 24 Company Rights ls«— Mm One-tof tour MS200 per share C—> to» Capitol reduction scheme to reduce par value of shares from $100 to 10.60; fcghts mm of 3:4 SO U per store Cttf One-tor-one MS4 00 per share. Every lour nghts shares would be sued with one TSR.
      549 words
    • 133 24 HIT Hottgs Ltd: AGM at Mandarin Hotel, Mandarin Court A, 4th Floor, 333 Orchard Road, Sifgapore 0923 on Friday August 24, at 10am. Jack Chia ITH Ltd: AGM at Tai Pan Ramada Hotel, Pine Room, 3rd Storey, 101 Victoria Street Singapore 0718 on Saturday August 25, at 12
      133 words
    • 121 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 1* 1435.43 (18/7/90) 1998 JX" £22 1990 \mr. 1203.50 (20/8/90) 1998IMr 1280.72 (20/8/90) 1919 Me 1322.00 (28/12/89) 19® M0t 1487.76 (28/12/89) 1989 Imt 917.42 (4/1/89) 1989 tar 1030.89 (4/1/89) 1988 N0t 1043.86 (8/8/88) 1988 1177X7 (8/8/88) 1988 Ink 737X3 (4/1/88)
      121 words
  • Page 24 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2251 25 Reuter TOKYO STOCKS closed down and near their lows yesterday after a thin session. The Gulf crisis torpedoed confidence and kept major investors on the sidelines. Buying by investment trusts and selling by arbitrageurs kept the index sandwiched in a relatively narrow range,
      Reuter  -  2,251 words
  • STOCK EXCHANGE OF HONGKONG
    • 2335 25 Reuter AFP HONGKONG'S blue-chip Hang Seng index closed sharply lower yesterday in reaction to New York's softer finish on Friday and weakness in other Asian markets, dealers said. The Hang Seng fell 69.8 points, or 2.3 per cent, to close at 3,052.84. "(Hongkong's)
      Reuter; AFP  -  2,335 words

  • REGIONAL STOCK MARKETS
    • Taipei firms after two days of sharp losses
      • 1006 26 THE Australian sharemarket yesterday dosed slightly weaker but off its lows with the gold and oil sectors strongly firmer. Volume was very low. One broker said that with the federal budget due today and the Middle East situation remaining volatile, most players had preferred to stay out of the
        1,006 words
      • 373 26 TAIWAN STOCKS closed higher yesterday as small investors began to buy cautiously after two days of sharp losses, dealers said The Weighted Index gained 75.68 points, or two per cent, to finish at 3,877.68 compared with Saturday's 3,802.00 dose. Turnover rose to 30.9 billion Taiwan dlrs from 22.7 billion.
        373 words
      • 540 26 PHILIPPINE shares fell sharply yesterday as sellers chased buyers after the government scaled down economic growth forecasts, brokers said. The Manila Stock Exchange Composite Index tumbled 43.54 points or 5.2 per cent to close below the 800-point level and settle at 791.53. Gross national product is seen growing at
        540 words
      • 660 26 THAI stocks slipped across the board in thin, directionless trade yesterday as signs of a prolonged Gulf crisis triggered fears of poor last quarter earnings and worse than expected inflationary pressures, brokers said. The Composite SET Index fell 24.04 points to close at 895.71 in thin turnover. Most shares
        660 words
      • 422 26 THE New Zealand share market yesterday ended at its low for the year despite moves by the Reserve Bank to bring short-term interest rates down. The Barclays index estimate ended at 1,639.98, down 13.09 points, on small turnover. Its previous 1990 low was 1,640.92. Baden Carter of Ord
        422 words
      • 587 26 TURNOVER on the Jakarta stock exchange slumped to 1.56 million shares yesterday from the previous 4.15 million, and the index eased 1.68 points to 583.47. Cigarette producer Sampoerna dominated the regular market at 113,500 shares, closing 1,100 rupiah higher at 12,600. Nickel producer Inco ranked second at 75,500 shares.
        587 words
      • 760 26 SEOUL STOCKS lost more ground in very slow trading yesterday as investors stayed on the sidelines, despite rumours about whether or not direct foreign investment in the market would open on schedule in 1992, brokers said. The Composite Index shed 6.74 points to 621.33. Only 5.3 million shares worth
        760 words
      • 23 26 BOMBAY shares rose broadly yesterday. The Stock Exchange index rote 15.97 points to 1,096.93 and the National Index gained 8.47 to 568.12.
        23 words
      • 395 26 dm PriH— A** SYDNEY AB Ordinaries Index 1339.3 1342.7 -3.4 All Industrials Index 2285 4 2299.7 -14.3 AH Resources Index 937.1 9310 +4.1 TWaovcr (million) 7109 103.23 -23.14 BANGKOK SET Index 193.71 920.73 -24.04 Turnover (nearest '000) NA NA JAKARTA Composite Index 313.47 dosed -1.61 Turnover (nearest *000) 1.36 Ckaed
        395 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 699 27  -  THE SANG KANCIL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen futures.
      699 words
    • 325 27 US$ ends easier against yen REPORT THE US dollar yesterday closed slightly easier against the yen in Tokyo, but firmer against other major currencies after trading that focused on news from the Middle East. The market was dominated by active yen short-cover-ing in cross trading by US securities houses and
      325 words
    • 1394 27 SIMEX Open H# Lm Sett Est Vol Op/lnt Vol Sep 90 91.91 9L94 9L9I 9L92 744 ***** 3952 Dec 90 91.99 9101 91.99 92.00 8000 ***** ***** Mar 91 91.98 91.99 91.93 91.96 623 6876 4689 Jun 91 91.81 91.81 91.78 91.78 400 1694 667 Sep 91 91.60
      1,394 words
    • 389 27 Cross rates Aug 20 USS S$ MS Dm Yen SFr A$ NZS USS 1.7910 2.6925 1.5575 147.55 0.5219 1.2895 1.2384 1.6116 SS 0.5583 1.5034 0.8696 0.8238 0.2914 0.7200 0.6915 0.8998 M$ 0.3714 66.52 0.5785 0.5480 0.1938 0.4789 0.4599 0.5986 Dm 0.6421 1.1499 1.7287 94.74 0.3351 0.8279 0.7951
      389 words
    • 563 27 Interbank rates St Bid Offer Overnight 6 1/2 6 3/4 1-month 6 13/16 6 13/16 2-month 6 13/16 6 15/16 3-month 6 13/16 6 IS/16 Overnight mode: 7-1/4 US$ Bid Offer 7 days 8 1/8 8 1/4 1 month 8 1/8 8 1/4 2 months 8 1/8 8
      563 words

  • COMMODITIES
    • 385 28 Reuter RUBBER prices in Malaysia, which hit 11-month highs on Friday, may rise further in the short term on uncertainties in the Gulf and higher oil prices, industry analysts and traders said. "Natural rubber is traditionally sensitive to the oil price movement," said
      Reuter  -  385 words
    • 312 28 Reuter CHINA'S gold output rose 34 per cent in the first seven months of this year, an official newspaper said. China is Asia's largest gold producer. China Daily said actual output Figures were "a closely guarded state secret," but a State
      Reuter  -  312 words
    • 829 28 REPORTS THE price of tin on the Kuala Lumpur Tin Market rose one sen to MS 16.01 a kg on fresh demand, traders said. The trend reflected the steady London dose on Friday, prompting renewed buying by European, Japanese and local interests.
      829 words
  • 1266 28 Kupoer Aug 20 S centa/Vg Noon Clot lnt I RSS Prompt I58.2V159.25N l6l.OfVI62.OON lot I RSS Sep 90 158.30/159.00 161.00/161. SON lnt I RSS Oct 159.00/159.50 161.00/161.50N lnt 2 RSS OP 154.00/156.00N I56.00/I58.00N lnt 3 RSS OP 149. 151.SON 151 5<VI53.50N lnt 4 RSS OP 143.50yi47.50N l47.S<yi49.50N lnt 5
    1,266 words
  • Page 28 Advertisements
    • 752 28 NOTICES Nonca or rmuu.—mn TNI COMMjan ACT, CAR M am mm OMCMO OflM HOUSS pi wSwSf uouewtowi Saoaon Warn* NMMFMIMnggIMMbnoI tha abo»an—ad Company ba hatd m «n Smc* no* ttuu a oa. Ootdan Mda lamm. Stogapom ana on FMda* aiai of SaaMMbw w«x aoo imk. tor ft* purpoaaa Mad to
      752 words
    • 400 28 IN THE MATTER OF THE COMPANIES ACT. CAP. SO PURSUANT TO SECTION 290(2Mb) mm m THE MATTER Of TONG INTERIOR FURNISHING (PTE) LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001. Beach Roid, #12-01 12-11 Golden Mile Tower, Singapore 0719 on Monday
      400 words
    • 15 28 Read Chartpoint, a guide (o investing in the stoek market. Every Saturday in Business Times
      15 words

  • THE TRAVEL PAGE
    • 1059 29 CKy FUgM ETA FlgM ETO MtaOkaM GA893 1045 GA892 0010 GA886 0010 GA974 2359 MaiaMa 2035 QF82 2200 Aesterdw GA893 1045 KL837 1430 SQ24 2200 SQ23 1810 GA974 2359 QF6 1830 MIMM QF16 1830 SQ24 2200 OA471 2205 Aaddaad TE2S 1800 TE26 1920 SQ388 2000 BHteM
      1,059 words
    • 720 29  -  POSTCARD FROM ZIMBABWE By Patrick Harverson The nanga was chanting a prayer as .I joined her in the middle of the hut. She looked at me intently, took a large mouthful of water from a wooden jug by her side and without warning, spat it into
      720 words
    • 152 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.438 I.4S8 Canadian dollar 1.5500 1.5700 NZ dollar 1.095 1.1350 Sterling pound 3.4150 3.4450 US dollar 1.7870 1.7970 Local dollars to 100 wits of foreign currency Austrian schilling 16.10 17.10
      152 words
    • 51 29 Duration Tide Venue Organiser Td Duration Title Venue Oipuiner Td Aug 24 Taut ion of Non- India Asian Pacific Tax *****40 Aug 27 Taxation of Oil India Asian Pacific Tax *****40 Residents Invest- Sl Investment Exploration A. Investment menu in India Research Centre Activities In India Research
      51 words
  • Page 29 Advertisements
    • 2 29 BOSTON AirCanada
      2 words
    • 442 29 All of these securities having been sold, this announcement appears as a matter of record only. New Issue 5,000,000 Shares The Singapore Fund, Inc. Common Stock The New York Stock Exchange Symbol is SGF 2,000,000 Shares This portion of the offering is being offered outside the United States by the
      442 words
  • Page 29 Miscellaneous
    • 148 29 at a formal proposal (7) 25 Rocking chair in a hun- Extended run in the busi--26 Kcemai !n 7 (6,9) YESTERDAY'S SOLUTION a buoyant mood? (14) g m the Wood (6) l^pl^HlgjTlljMlEMclO] 13 Diversifying link in season UcUeRBeUI ■ARDm]a|k]e DOWN doesn't amount to much M O M A M c
      148 words
    • 210 29 Singapore Outlook: Showers over several areas ia the anraiag. Report Max temp. 31.9"C Assoc humidity 72% Min temp. 27.4* C Assoc humidity 88% Hrs of sunshine 9.65 Rainfall in mm Nil Rainfall this mth 12.4 Rainy days this mth 7 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 13/08 Showers Bangkok 33/26
      210 words
    • 45 29 Thc- luncheon vouch e* \ithc mogr \wT*jeesTw& ~\l Ci.>iur>ig TJF pO^SS'NO WT PIU, ISTQU«H u>H-( THC.SUl3o€»Ji *ntßesr« dc^k-toprooW^L*oftW lou.f"® vow rionc, ne Si? e s g«^ v *SF* i['o Jim t'm UJRIITUG PiN ■Pit' y y' (O ~> Fo* Tv*C. woose ON cwe9t JBI jSMr' 'gg'SSSS^/
      45 words

  • 333 30 Expansion not affected by uncertainties abroad Bernama MALAYSIA'S current process of rapid economic expansion is expected to be "stable and sustainable" despite the economic slowdown and continuing uncertainties overseas, Bank Negara said yesterday. The central bank added that real gross domestic product (GDP) was expected
    Bernama  -  333 words
  • 266 30 Bernama BANK NEGARA will be setting up an offshore financial unit in Labuan to process applications and handle queries in an effort to boost the island as an international offshore financial centre. The central bank said in a communique yesterday that
    Bernama  -  266 words
  • 175 30 RESERVIST TRAINING and civil resource requisition exercises, though disruptive to employers, are necessary because they provide Singapore with a security umbrella under which the economy can grow, said First Deputy Prime Minister and Defence Minister Goh Chok Tong last night. At the SAF
    175 words
  • 162 30 Reuter THE Philippines may ask Japan for a new yen loan package to help it ride out the impact of the Gulf crisis. Finance Secretary Jesus Estanislao said yesterday. "The Philippine economy is in the midst of a storm. Yes, we are faced with very serious
    Reuter  -  162 words
  • 651 30  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a senior correspondent with BT AT FIRST glance, it seems somewhat incongruous. In the midst of the first oil crisis to hit the world in almost a decade, the Singapore government
    651 words
  • Page 30 Advertisements
    • 59 30 PugeT JtMILUER EN HORUXIERIE DEPUISIB74 GENEVE THEY'RE MAD ABOUT DETAIL. (OUR STAFF, NOT OUR CUSTOMERS.) Totally unforgettable the our modern are more pleasurable on the from from 6.30pm. from Hong Kong Sundays and holidays we Southern style so Ample carparh at Paramount Hotel and Seaview Hotel. settle for less once
      59 words
    • 5 30 PiageT miLUER ENHORIQGERIE DEPUISIB74 GENiVE
      5 words

  • Shipping Times
    • 406 31  -  By Othman Abu Bakar CITY-LINK Express (Malaysia), a member of City-Link International, will link up with one of the biggest courier companies in Japan in two months' time to tap the lucrative Japanese market. Managing director David Tan said in Kuala Lumpur that
      406 words
    • 455 31 A FEASIBILITY study for Thailand's massive Southern Seaboard Project (SSP) to build a high-speed railway, highways and oil pipelines across southern Thailand will begin next month and a master plan will be completed next March. "This is not a national but
      455 words
    • 353 31  -  From Al O Labita in MANILA THE Philippines is seeking a US$45 million World Bank loan to finance the country's intermodal transport projects, said the country's transportation and communications department. The projects include the formulation of the Philippines' port development master plan,
      353 words
    • 279 31 THE CHINESE government has appointed Hongkong construction tycoon Gordon Wu, who owns Hopewell Holdings, to compile a feasibility report on the territory's second airport as part of a mainland study on the project. The report will be completed in early September,
      279 words
    • 139 31 CATHAY Pacific Airways is looking at the stretched version of the Airbus A 330 for its regional routes. Cathay has already placed a firm order for 10 A33os (right) with an option for another 10 for about US$2 billion to replace its TriStars
      139 words
    • 391 31  - S 'pore-India passenger liner service to be launched By Dexter Lee AFTER OVERCOMING several operational problems which had led to a three-year delay, locally-incorporated Greenseas Shipping Co is ready to launch a passenger liner service between Singapore and India next month. The new fortnightly service will link Singapore to Madras
      391 words
    • 222 31 The Gulf Crisis ANOTHER TWO shipping groups the Trio consortium of European and Japanese lines and members of the US West Coast Middle East Rate Agreement (WCME) are imposing higher charges to cover war risks and fuel costs. Trio members HapagLloyd, P&O Containers, Ben
      222 words
    • NEWS SUMMARY
      • 30 31 WHILE piracy is a declining nuisance in most parts of the world, except places like Brazil, complacency over the problem is lamentable Page 2
        30 words
      • 48 31 FOR decades the tropical port of Vanuatu, like many in the South Pacific, has been home to a small fleet of old, rusting copra-carrying ships. But in the past 10 years Port Vila has also become home to a hidden flotilla Back Page
        48 words
      • 34 31 THE BALTIC and International Maritime Council (Bimco) has made another protest to Nigerian port authorities over repeated attacks by pirates on commercial ships in Nigerian waters Back Page
        34 words
      • 39 31 THE AUSTRALIAN National Line Ltd and James Patrick and Company Pty Ltd have joined forces for a joint stevedoring terminal operation at Fishermans Island Brisbane, to be known as Brisbane Gateway Terminals Ltd Back Page
        39 words
      • 20 31 A STRIKE by waterside workers brought New Zealand's non-container ports to a halt Back Page
        20 words
    • LOG BOOK
      • 80 32 AUSTASIA Insurance Brokers Pte Ltd has appointed Alexander Stenhouse Pte Ltd as their managers in Singapore, with immediate effect. Alexander Stenhouse is the Singapore subsidiary of the international firm, Alexander Alexander, one of the world's largest risk management and insurance broking firms, with more than
        80 words
      • 100 32 A MISSING wing panel forced a Singapore-bound Boeing 747 to return to Melbourne's Tullamarine Airport on Sunday, officials in Melbourne said. The missing panel was reported by Singapore Airlines flight 236, carrying 350 passengers and crew, a Civil Aviation Authority spokesman said. No information was
        100 words
      • 78 32 MOST OF Indonesia's 147 public airports still have financial problems due to low revenues, said the country's director of air transport Suwardi. At a two-day seminar on financial management in Jakarta, he said that the Indonesian government still relies on foreign funds to upgrade and
        78 words
      • 108 32 THE GREAT Eastern Shipping Co of India reported a strong performance in the year ended March 31, 1990, with pre-tax profit rising 44.6 per cent despite higher costs. Pre-tax profit was 474.9 million rupees, after interest and depreciation of 452.1 million rupees. The higher
        108 words
      • 78 32 SHANGHAI'S new multi-billion-dollar development zone in the Pudong port area will borrow US$2OO million from the Bank of China over the next two years, the official New China News Agency said. The loan will be used for capital construction, bank president Wang Deyan was quoted
        78 words
      • 55 32 FRANCE'S leading container port Le Havre expects to achieve major gains in productivity and cost savings through its 950-million-franc rapid-turnabout port. Construction of 1.1 km of quay is now completed and the last of five new gantry cranes serving the terminal is due to come
        55 words
    • 504 32 While piracy is a declining nuisance in most parts of the world, except places like Brazil, complacency over the problem is lamentable. Airport-style security is grossly lacking, says the International Maritime Bureau. AP PIRACY is a terrifying threat to defenceless refugees fleeing Indochina, but
      AP  -  504 words
    • 431 32 but it's making a return in Brazil AP PIRACY is making a comeback in Brazil. Brazilian authorities have been unable to stop modern buccaneers who raid cargo ships and terrorise crews in ports along the south-east coast. "Piracy is getting worse and more violent," said Joao Dilermando Goncalves, chief fleet
      AP  -  431 words
    • 993 32 July 17-Oct 30: International Knight 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
      993 words
    • 12635 40 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
      12,635 words
    • 3363 45 Containerline NV: Belsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SVAccord Contr Line (M) Sdn Bhd (PKVAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S).
      3,363 words
    • 231 45 Abacus Couriers Td: 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
      231 words
    • 1472 45 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Aerosoeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74, *****50. Air
      1,472 words
    • 2369 46 ARGENTINA Buenos Aires: Port busy; most general cargo berths occupied with 1-2 days berthing delay; many channel buoys are still unlit/out of position so pilots recommend only daylight sailing with some delays as consequence. Saa Lorenzo: Busy; 6 vessels in port of which 3 loading pelletised meal, 2
      2,369 words
    • 560 46 SHIP SALES TANKER RATES Reuter AFP SINGAPORE interests paid around US$l.4 million for the Blankenburg, shelterdecker of 10,080 dwt and built in 1967, said shipbrokers in London. The identity of the buyer was not revelled. Brokers say the price paid for the three VLCCs Rose bay. Primrose and World Dignity
      Reuter; AFP  -  560 words
    • 532 46 ARRIVALS Op Flight Type ETA From TODAY KAL KE697 B747F 0155 SEL NCA KZ205 B747F 0215 NRT JAL JL6I7 B747F 0345 NRT CLX CV7971 B747F 2115 LUX/DXB/KUL TOMORROW CAL CI333 B747F 0315 TPE AZA AZ995 BC8F 0405 SYD SIA SQ80I B747F 0410 AKL THURSDAY KAL KE697 B747F
      532 words
    • 352 46 CRUISE FERRY SCHEDULES Aft [*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 nowhere SEPTEMBER 01
      352 words
    • 1006 47 CHARTERING on the dry cargo freight market on Friday ended the week with active voyage fixings while the time-charter sector was largely neglected, brokers said. Grain on the key US Gulf to Japan route was fixed at U5521.50 and then a slightly easier U5521.25 for end Aug and
      1,006 words
    • 549 47 VttMl toy No far* Arrival Departs Vend Voy No Arnvjl Dtpartwt Keooei Wharves Jenhol 13/90E P1A 21.08/1500 22 08/1500 Eastern Gl 23E/90 K18 alongside 21.08/1200 Krani 637W P3E 2108/0700 2408/0700 K Jespersen 50 F90 C09 alongside 2008/2300 Linggarpti 11/90 P2B 20.08/2300 22.08/0600 Kota Benar E 864 K31
      549 words
    • 1219 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookmc/Babncc Mb Shi> Voy No Period From To From P of Dbcflal Space Dasy 2B 3 21/0700 21/1159 21/1400 1 4 21/1200 21/1459 21/1700 Ac jade 9A 3 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 Rose 2A 3 21/0700
      1,219 words
    • 324 47 Port King South Port on Aug 20: Shelley berth 1; Young Chemicarry berth 2; Pacific Samudra berth 4; Swee Ann Satu berth 7; Lian Seng Hin 3 berth 7A; Thai Yang berth 7A. KCT: Ptaneta berth 8; Bunga Kemumng berth 9; Thana Bhum berth 9; Hongkong Express
      324 words
    • 510 48 FOR decades the tropical port of Vanuatu, like many in the South Pacific, has been home to a small fleet of old, rusting copra-carrying ships. But in the past 10 years Port Vila has also become home to a hidden flotilla. At last count more
      510 words
    • 143 48 THE BALTIC and International Maritime Council (Bimco) has made another protest to Nigerian port authorities over repeated attacks by pirates on commercial ships in Nigerian waters. The second protest this year, it warns members of an "appalling" lack of security off Nigeria. Since
      143 words
    • 169 48 Reuter A STRIKE by waterside workers brought New Zealand's non-container ports to a halt. A spokesman at the New Zealand Waterfront Workers Union office declined to confirm the strike or to comment. But the spokesmen for employers said they expected the strike to last
      Reuter  -  169 words
    • 150 48 AFP CHINA has developed a series of new models of its me-dium-range Yun-7 passenger plane, first put into operation in 1986, at its Xian assembly line, said the New China News Agency (NCNA). The official agency said two of the new models are the Y-7-100,
      AFP  -  150 words
    • 281 48  -  From John Spiers in SYDNEY THE AUSTRALIAN National Line Ltd and James Patrick and Company Pty Ltd have joined forces for a joint stevedoring terminal operation at Fishermans Island Brisbane, to be known as "Brisbane Gateway Terminals Limited" (BGTL). BGTL will be 60
      281 words
    • 104 48 AFP A HIJACKED Soviet airliner arrived in Karachi yesterday after circling the airport for hours as it awaited landing permission from Pakistani authorities, aviation sources said. There were conflicting re- ports on the number of passengers aboard the TU-154 of the Soviet flag carrier Aeroflot.
      AFP  -  104 words
  • Page 31 Advertisements
    • 197 31 SSWEE HBK METAL CO PTE LTD U TUAS AVE 14. SINGAPORE 22*3 TELEX R3 2067g SHMCPI TEL: Ml S6SS iSknaw TELEFAX: M 1 2Mt nK Fauangad intt jtcttn ro* 'ju)lll\ 111? nnft SOto WhM /fluVI I l>V II i EiaetK tarU* ■SI owmi t lpg H?Sii //nUd^HL s**c«roar. tuursu DWTTLPG
      197 words
    • 51 31 A* forwarders 15 A* FrafW Schedule 16 Contaner SdwMe 17 Couner Service 15 Crane A Ferry schedules 16 My Fratfib 17 Index (o Mwrtners 3 Port Condtons 16 S»»W* 15 Stappni Gwde 10.11 Stages/Tanker Rata 16 Staps m Port 17 Support Tries 17 Transport Dory 2 Weather an) Sea Condtem
      51 words

  • Page 32 Advertisements
    • 88 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS <> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      88 words

  • Page 33 Advertisements
    • 1907 33 um|r|#uio i uiivo y u vcru«» j auguoi Ml A www ZmT jardine shiwmc agencies tillf# 200 Cantonment Road #12-05 Southpwnt, Sinppcxe 0208 All If/ t«i 221 ml telex no rs ■fTTTtfI TERMINAL/CFS Tal *****18 220 BOOKINGS Tal *****34 235 Bun 1 VfifiCr J PESAKA JARDINE SHIPPING AGENCIES SON BNO
      1,907 words
    • 1004 33 MUX TO ADVERTISERS I A I MISC 14 1-3 1 M'sia Shpg Corp 9 1/2 ABC Containerline 13 5 Mendelssohn 4 4/5 Accord Shpg 8 1-3 Mercury Line 12 2 Albatros Sea-Air 14 5 MOL 18 4/5 APC Line 14 4 aMOSK (Forest) 5 5 APL 5 3-5 Mutiara Samudra
      1,004 words
    • 2177 33 Vnwl Voy ETA I ETD 'Port 'Penang DESTINATIONS Singapore Kelang This mk Laura M 9006 Closing Ttma Faadaf by CV 21 rn 0400 MRS M Fareo A H I CFS 20* 2300 MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR LAURA M 9006
      2,177 words

  • Page 34 Advertisements
    • 1176 34 J 1 rTywT^ _J I"" ~~1 I ROTTERDAM/ VOY NO S PORE P KELANQ SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE OSAKA BAY 95/506 23/8 17/9 11/8 14/ i 10/» 18/9 LONDON EXPRESS 13/503 27/8 13/* 15/9 —18/9 MONTE ROSA 09/502 30/8 24/9 18/9 20/9 17/9 23/9 HONG KONG EXPRESS 96/506
      1,176 words
    • 522 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 30/8 13/9 16/9 21/9 ALSO ACCEPT IH6 CARGO VIA SUVA TO: LAUTOKA, l>A6O PAGO. APIA i NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 30/8 5/10 6/10 10/10 aim accaptinf Cargo to Callao (Pare) via Vilpa Agents: SINGAPORE;
      522 words
    • 1326 34 BIIMMIA mmkm REGULAR INDEPENDENT FULL CONTAMER SERVICE wtStßdUkb euAOPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM tRE LHA (VIA (VIA (VIA ALfi) ROT) IMH) NOR ASIA SUN 9025-3 24/08 11/09 1609 19/09 21/09 24/09 23/0J 2S/09 26/08 NORASIA PEARL 9026-3 31,08 2L« 23/09 26-09 2809 01 10 01 10
      1,326 words

  • Page 35 Advertisements
    • 1816 35 ssSteamers Maritime Holdings Ltd tiLit P&O Tlf STRAITS SHIPPING! wSk Containers Vo» No PManf S'pore Ston H'tmii tfliavon IT dm Lak ACCEPTS OUE SAILS OSAKA BAY 95/598 i-HOX 2008 23A* 17«9 IMB IMB 10/09 16/09 CARGO LONDON LXPRfSS 13(503 LAN 22« 27» IMB IMB 17» STRAITS STAR VUE Skan LD.
      1,816 words
    • 1658 35 TQ: EUROPE TO: FAR EAST SP LN RDM HAM B'HVN FIX SPORE HK KAO KOB BU CHOYANC SUCCESS 010W 19/1 6/9 7/9 1/9 10/9 11/9 CHOYANC CHANCE 040E 21/1 24/1 25/1 21/1 31/1 HANJIN HAMBURG 002W 2S/S 13/9 14/9 IS/9 17/9 11/9 HANJIN LEHARVE 00K 27/B 30/1 31/1 3/9 i/9
      1,658 words
    • 22 35 S PORE LOADING FOR MORA 20/t/M PHNOMPENH/KOMPONOSOM NINA 22/t/M HOCHIMINH/VUNQTAU SELM SHIPPING ft TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: *****46
      22 words
    • 389 35 fy/MlnKTfltVlrfffwSfvn/rBTWK bBBB STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION ASIAN TANJUNG ASEAN TRADER STAR EMAS TRADER VOY. NO 11 114 10 4 Spore 2S/8 24/8 29/8 7/9 P. Kelang 28/8 27/1 10/9 Penang Hong Kong Yokohama 22/9 16/9 27/9 Nagoya 20/9 14/9 2S/9 Osaka 12/9 Senboku
      389 words

  • Page 36 Advertisements
    • 572 36 A Joint Europe Sorvlc* Of: ,f.T. UMUrr* LLOYD r.T. KStlll LLOYI FT. SAMUDERA INOOHISIA P.T. TRIKORA LLOYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY S PORE R DAM; H'BURG BREMEN ANTWERP AOAM KUT AI/20WB 23-26/8 23ft 29/9 2/10 5/10 MATARAM/27W8 22-2*9 22/10 MO 2*/10 2111 MISTRA t-11/10 6/11 10/11 13/11
      572 words
    • 1070 36 ItfVHANJIN SHIPPING I Vy FULL CONTAINER SERVICE S port l»Hi»r« R'dam H'burf B'haven Fitow* FEEDER VSL JIN Iff ?AT HANiIN HAMBURG 002W 28/8 15/9 16/9 17/9 19/9 20/9 CHOYANC CHANCE 048E 21* H BUSAN IIBE W W* HANJIN ROTTERDAM 010W 1/9 19/9 20/9 21/9 23/9 24/9 HANJIN LEHAVRE 008E 21ft
      1,070 words
    • 1206 36 I, SCPHKC KSCKLCPUS MKT OSKSM2TYOLAX CHS BALNYC IHV MM IK» FU HOC SCP GUARD RE 031 210 300 40 V* W 12|) H/! l«l l?lt B|) UfU 12/lt 13|U 22/11 23/1t N/M 2(|U U|U I I GIANT RE-ON 1/9 10 'fl llfl JM 21/J Z3fl Mfl Ufll 22/11 lyH 31/lt
      1,206 words

  • Page 37 Advertisements
    • 1633 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 mm NEPLINE SON BHD MALAYSIA K.L-(03) *****33, P.Ketang-(03) *****87, Pwang-(04) *****0,
      1,633 words
    • 1154 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND vostu wtabi |sw« Imamila mkowT wtm wit wumb mm rtiawb tmury nm wnw k cawhlqv
      1,154 words

  • Page 38 Advertisements
    • 1368 38 W 4\V W V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) \VL I TEL *****77 KAWAKI R*****5 FAX *****79 Vl u J M I m/Yj MALAYSIA HARPER WIRA SON BHD TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. ifUKI VESSEL VOY *INOO
      1,368 words
    • 658 38 PHILI-ORIENT LINES PTE LTD M I 1 (The Complete NVOCC Package) I member of SFFA 25 AUG MONTREAL OTTAWA, TORONTO, VANCOUVER, S*WESTERN ONTARIO. 24 AUG DUBAI DAMMAN KUWAIT DOHA, WINNIPEG, SSSKi BAHRA,N ABU 01 REGINA, SASKATOON, SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON PENTICTON 24 AUG COLOMBO, KARACHI, BOMBAY, AND ALL
      658 words
    • 342 38 f v-*r-, GOLDEN lime X Gil AN GUAN SNIPPING (PTE) LTD 1 y>4 a, TMAmt Sfroot SMKAPOK Ml 1 Ttu Q43M* (10 LIKES) F«i: 9MMM (CI No. MUMMMV) mAiwwMnwim fpn P. Mmi Pmooi QOLDCN HAVEN CatMMKaracMMw MM km GOLDEN KAR CataMKmcMMM yn BM TUN MAN XtMlfdM am*m LEOU tar S/Z7
      342 words

  • Page 39 Advertisements
    • 1520 39 PACIFIC INTERNATIONAL LINES (PTE) LTD J JgHOCeciSlreel HOMO, Singaporeolo6. vessel voy bkk sin ■ST aaaa MJB M/a KOTA StNGA 23M 23/8 28/8 hajquamq sua tan rut pegasus pioneer mm 22/ a 2M a* DELTA MAA IMB 27/8 30/B 2/B PEGASUS PROGRESS OIN 25/8 2M 1/* OOWA UU IBM 31/1 -T
      1,520 words
    • 1056 39 C BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL |VOY SPORE P.KLAWG HAMBURG BHAVEN R-QAM L'HAVRE Osaka Bay 95/598 23/8 17/9 11/9 13/9 10/9 16/9 London Express* 13/503 27/8 Via Hox 15/9 17/9 18/9 La Perouse 01/548 27/8
      1,056 words
    • 58 39 I JORDAN PAR EAST LINE S.A. I REGULAR MONTHLY BREAKBULK I SERVICE TO RED SEA PORTS [7e»e: "Voy [C.gxj.ntl""l Kuchin< |T| Mini I FOR g aau FORTUNE BETA 5/9 113/9 I Hod«Uh, JFOO7 111 MUth, AqaOa LOAD FM E. M*SIA/INOONESIAN PORTS SUBJECT TO INDUCEMENT General Aftnts: BEN LINE AGENCIES (S)
      58 words
    • 327 39 Ml MYANMA pBBk FIVE STAR UWE V (Myarimar National Line) Loading for Yangon (Rangoon) Spore PKelang Pen PAGAN VI6OW 23/25 AUG AVA VIO3W 23/3 AUG MERGUI VIOIW 38/1 SEP MYOMAYWA VI3OW 04/07 SEP HPA-AN VIS4W Vfit SIP al THE BAHKUW (A Mrvtc* o< Andrew Weir Shipping) f SEMI-CONTAINER SERVICE \>
      327 words



  • Page 42 Advertisements
    • 893 42 MM «iie!iiib^ INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBC RST AMERICAN SEN WW In Pt LJfl 140 IS/9 Vfi M 0 0 CROTEWOHL MB 290 220 240 230 250 280 EUtOfLAN SEN WOT 80 1/M J/» V»
      893 words
    • 1083 42 a I CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 —i mmmim «mci it FAR EAST PORT KELANG 24/8 31/8 MANILA 25/8 1/9 PENANQ 24/8 31/8 BUSAN 26/8 2/9 BANGKOK 22/8 26/8 TOKYO 23/8 30/8 HONG KONG 24/8 27/8 YOKOHAMA 23/8 30/8 KAOHSIUNG 26/8 2/9 KOBE 23/8 30/8 KEELUNG 26/8 2/9
      1,083 words
    • 339 42 LOADING row OUENOS Alto Una pott lew DM mjkj miho mo mm mom Hi iaiam n* w w aw w- m» k"immi una w» vm *u mi- aru LcsritENi u/u wu«fu— u/u aru— wu HIM L___l DISCHARGING FM BRAZIL ONLY SKMf I MM. NK Ml (USAN YOK NOO MM e
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    • 1207 42 "w CHINA OCEAN SHIPPING COMPANY 2 MISTRI ROAD KMC BUILDING TEL: *****0 #15-00, Singapore CP7 FULL CONTAINER LINER SERVICE telex: rsanicoship CR NO: 117l7aSOOOOM FAX: SOW tm CABLE: COSTABU Nl General Agents: COiTAR SHIPPING na LTD VtSStL/VOY SCP FU WT Ha HIT DM VHSCUVOY nj lOT Ml *11 W «P
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  • Page 43 Advertisements
    • 1028 43 NfflON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA AH IPI Destns 24/8, 31/8 I EUROPE all Ports 25/8, 1/9 BANGKOK 25/8, 28/8 HONGKONG/CHINA 25/8, 28/8 SYD, MEL, ADEL, BRIS 30/8, 5/9 FREMANTLE 28/8, 5/9 MANILA 24/8, 31/8 PKLG/PENANG 26/8, 2/9 Port Ksiang Branch Tab *****21/2/3 Fax: *****24
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    • 802 43 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS ofTroRE, INDONESIA, MALAYSIA i THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 IHWWH IMPOtHtIAaBiWi VSL VOY SIN JKT PAJ SIN PUL BAHAGIA 95S 21/8
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    • 600 43 <^~£emian BANGKOK CEBU/MANILA WWI VOY SINSAPORf tAflflTflTl uw«n .T 1 jygy j ITOftf j ff»" MEKHANIK KURAKO 23N Thar 23/» Sun 2W KITI BHUM 34C 24/» 38/0 10 NANTA BNUM 03* THur 23/1 Sun 2M SO ORIENT 35R 31/0 </l Iff MAHA BHUM# 23N Sat 25/0 Tw 20/8 KITI BHUM
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    • 265 43 M WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: antwerpen ETA 22/8/90 Only 7 days to Fremantle! > Only 12 days to Melbourne! Only 16 days to Sydney! V>l 1 Hti IFU I Haw I Art 1 tmimr LW AwmRPtN 13/7 24/7_ 26/7 22/7 2/1 30 22/1
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  • Page 44 Advertisements
    • 1240 44 MAC-NELS SIN WOKE !fi»WT til awa mm til ainwl 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 H J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 \-2-J JAKARTA
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    • 511 44 BLUE STAR LINE SINGAPORE TO |jNEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY BAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL ft LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIT AUCK ITT MULBERA 1(S 22 Au« 3 Sap Via NPI S
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    • 1050 44 I THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH nna |m |m lir m«a m eti Iwt KIM SOON LI 33/90E 25 AUG
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  • Page 46 Advertisements
    • 70 46 iOKiEmr BULK LINE KKU SIN PKL DESTN YANNIS/***** Sid Sid FLU/ANT/UK/NTS ACROPOLIS/***** Sid Sid Sid FLU/ANT/UK/NTS TBN/***** 21/• 25/8 28/8 FLU/ANT/UK/NTS VESSEL NAME £I£ DESTINATION SEAMAR 17/90 24/8 26/8 YANGON (BURMA) MAN HO 1 an nit 31/1 YANGON (BURMA) TOMOH SATU 4/90 12/9 14/9 YANGON (BURMA) FOONG SUN SHIPPING ft
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    • 61 46 STORE4USA C^> CONSOII START! We provide punctual transit time fixed date weekly -r FOLK,USA. B® CAPTAIN CONSOLI A Europe/Far East the other V i IPI ports in the world as per Xi ,ri your enquires S'PORE LAX MLB DOOR Wave Transport (Singapore) Pte. Ltd. 135 Cecil Street, #05-02 A LKN
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    • 82 46 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S par* P Gal** P KjUng Loading For PUJIANG In Pt HUANGKI LISHUI In Pt HUANGPU CUANCSHUI In Pt 26/8 MUANGPU/XIAIWI/SHANCHAI OAK 22* HUANGPU DA DONG MAI In Pt HAIMO JIANCHANG Jl/I HUANGPU/XINGANG/QINGOAO SCHINDON TRADE FREIGHT SERVICES 47 BEACH RO, #05-06 KHENO CHHJ BLDO.
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    • 44 46 Tel: *****27 Fa*: *****30 Hi: RS 433»4 INETCO CR No. *****M0QQ0& VESSEL VOY WO. SM MAA CAL TIGER RIVER 125N 27/08 02/09 ILOVIK 103CNB 30/06 05/09 ALCOR 126N 01/09 07/09 TIGER CREEK 104CNB 04/09 10/09 TIGER RIVER 127N 09/09 16/09 ILOVIK 105CNB U/Q9 21/09
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  • Page 47 Miscellaneous
    • 423 47 TIDES AND WEATHER TODAY'S TIDES in metres) HOW 0000 0100 0200 0310 0400 OSOOOCOO 0700 **********00 UN 1200 ********************1M1900 2000 2100 2200 23H JR 3.1 2.8 2.2 15 0.9 0.5 0.3 0.3 0.5 1.1 1.8 2.3 2.5 2.5 13 1.7 12 Oi 0.7 Oi 1.1 1.6 2.4 3.0 PP 3.0
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  • Page 48 Advertisements
    • 444 48 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P BAHRU JAMBI TBN 15/8 INDONESIA COLOMBO
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    • 708 48 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBN OAK SEA HKC SIN LALANDIA 34E 25/08 30/08 18/09 20/09 23/09 22/09 HYUNDAI INNOVATOR 33W 09/07 12/07 IS/07 02/08 12/08 HYUNDAI CHALLENGER 3SE 01/09 06/09 24/09
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    • 586 48 ALL SeT Maase msHiWg CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 iFMtorfraai |V*f PNCIRW. ISEr SS IE SIN LAX OA* HOU DAL CMI/ NO* MEM NYcl fcli>w CO. hjnca kehuninc w aliicatqr wioc v ***** aw mww w m m ia w OUR USA •UNCA MMM
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