The Business Times, 23 August 1990

Microfilm: NL17095
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday August 23 1990 15*
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  • NEWS SUMMARY
    • Article
      Viet communist leader reedy to meet Deng
      82 1 VIETNAMESE Communist Party chief Nguyen Van Linh said in Hanoi yesterday that he was ready to meet China's top leader Deng Xiaoping in Beijing in a bid to solve the Cambodian conflict. Mr Linh, during a meeting with Japanese former Finance Minister Michio
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    • Article
      Ocean Towers rents
      33 1 STRAITS Steamship Land has predicted that its $170 million Ocean Towers could go on- the rental market for $140 psm when the building is completed in early 1992 Page 2
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    • Article
      Singapore's visitors
      34 1 VISITORS to Singapore last spent $4.8 billion while in the Republic, according to a Singapore Tourist Promotion Board survey. This was a 50 per cent increase on the 1988 figure Page 2
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    • Article
      Malaysian economy
      33 1 THE MALAYSIAN economy will grow by only 8 per cent this year following the development in the Middle East, ArabMalaysian Securities Sdn Bhd chief economist Mustafa Mohamad Nor said Page 7
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    • Article
      Cost of integration
      31 1 A PRICE TAG of around ECUSOOm (USs66om) a year between 1991 and 1993 has been put on the integration of East Germany into the European Community Page 8
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    • Article
      Sugar as medicine
      29 1 A GROWING number of biotechnology companies and university scientists are focusing on sugars as the next class of molecules to be exploited in medicine Page 17
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    • Article
      Indirect benefits
      43 1 CARGO TRAFFIC through Changi Airport, which grew by only 6.2 per cent in July after shooting up by 12.2 per cent in June, may benefit from shipments diverted from Dubai because of the crisis in the Gulf. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow edges up
      40 1 US STOCK market edged upwards in trading on Wednesday, mounting another attempt to rally after its steep summer slide. The Dow Jones average of 30 industrials rose 0.74 to 2,604.70 in the first half hour of trading.
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    • Article
      Footsie higher
      63 1 THE London stock market shrugged off dissapointing British trade figures to hold close to its best levels at midday yesterday. At 1115 GMT the Financial Times-Stock Exchange 100-share index stood at 2,124.7, up 16.6 points or 0.8 per cent from Tuesday's close. At 1100 GMT, the narrower Financial
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    • Article
      Market talk
      34 1 MALAYSIA'S construction and cement stocks, pushed off the rails by a slump since 1985, have recovered strongly on the back of a property boom, say stock analysts in Kuala Lumpur Page 3
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    • Article
      POSB raising rates
      31 1 DRIVEN BY fierce competition for deposits, POSB Bank is raising its saving rates by half a percentage point next week its fourth increase since last December. Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MGA 609.47 -41.60 Kuala Lumpur ....519.23 -25.41 Hongkong 2,954.93 -85.07 Tokyo 25,210.91 -1,086.93 Sydney 1,529.2 -23.7 Tf day Change New York .2,603.96 -52.48 London 2,108.1 -48.5
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    • Article
      CURRENCIES
      21 1 Excfcwge rates USS SSI.7870 Yen S$ 1.2156 MS SS0.6619 Masay MilMt rates Overnight 6 1/2 -1/8 3-montn 6 13/16% unch
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    • Article
      COMMODITIES
      38 1 London 6oM PM fix US$408.75 -US$5.05 Rnfefcor Store Sep.... 163.00*/kg +1.00 Nvsla Sep M242.50«/kg +1.50 KL Tin Turnover 40 tonnes -12 Spot M$ 15.8 l/kg -0.09 Credo palm oil Turnover 579 lots -719 Sept M$675 /tonne -7
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  • Article, Illustration
    Regional stock markets continue to plunge
    378 1  -  The Gulf Crisis By Abdul Hadhi FEEDING ON sharply weakening investor sentiment, share prices on the regional stock markets plunged yesterday. The crash was very much evident in Singapore with the stock market currently at its lowest point in 18 months. The widely followed
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  • Article
    Lock icon Kuwaiti leader vows resistance
    467 1 Bush expected to activate 40,000 reserve soldiers Agencies A LEADER of Kuwait's ousted government yesterday vowed to fight Iraq's occupation of his country with guerilla attacks and conventional warfare, as Belgium, Holland, Italy and Spain prepared to send warships to the Gulf region. The build-up of
    Agencies  -  467 words
  • Article
    Lock icon Time ripe for Cambodian solution: Li Peng
    143 1 AFP CHINESE Premier Li Peng, flanked in Beijing by the three leaders of the Cambodian resistance, has said that China is willing to contribute to a total settlement of the Cambodian civil war. China is the main backer of the three-party resistance coalition,
    AFP  -  143 words
  • Article
    S'pore, HK moving towards new phase in relationship
    417 1  -  From Catherine Ong in HONGKONG SINGAPORE and Hongkong are heading towards a new dimension in their commercial ties that would benefit both cities considerably, in the view of the Hongkongbased Political and Economic Risk Consultancy. In its latest Asian Intelligence, a fortnightly
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  • Article
    NatSteel reports 56pc rise in interim profit to $27.6m
    366 1  -  By Genevieve Cua NATSTEEL LTD believes that it will continue to improve its performance in the second half of the year, despite the continuing crisis in the Middle East. The company announced its interim results yesterday, showing a "significant improvement** over
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  • Article
    Lock icon Fall in Taiwan's private sector investment likely
    121 1 Reuter TAIWAN'S private sector investment, once the prime mover of the island's exportoriented economy, will fail this year for the first time since 1985, officials and economists said. Private domestic investment would fall a real 5.49 per cent in calendar 1990 against 11.19
    Reuter  -  121 words
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      84 1 Fed caught in 'Catch-22' Pg 8 British oil groups come under fire, Pg 8 Poorer countries much harder hit, Pg 8 y: im? M r |i I MR S B' jr ~ra~ Itfjk '11 Hfe -y q -4^H [J lif ;'UBi Bp. t~" tl, iß] .u /rw CanUfnese cuisine j
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      6 1 CROWNPACIFIC TOTAL TRANSPORTATION SERVICES Tel: 861-6818
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Packing a pretty parcel for Singapore
        94 2 TWO winners of a packaging design competition organised by the Packaging Council of Singapore will represent the Republic at a regional design packaging competition in Jakarta next month. Pokka Corporation bagged the Singapore Star Award '90 in the consumer packaging category for its entry
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      • Article
        No mail to Iraq, Kuwait
        62 2 SURFACE mail service to Iraq and air and surface mail services to Kuwait have been suspended. Singapore Telecom said in a statement yesterday that airline and shipping companies had been unable to forward mail items to the two countries. All letters, parcels and Speed post
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      • Article
        Parachutist injured
        60 2 A SINGAPORE Armed Forces serviceman, Staff Sergeant Quek Chung Eng, a parachute jump instructor, was injured during training yesterday. A statement from the Ministry of Defence said Staff Sergeant Quek's condition is stable. During his descent from a practice freefall parachute jump, Staff Sergeant Quek collided with another
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      • Article
        Ngee Ann seminar
        57 2 NGEE ANN Polytechnic is organising a seminar on polytechnic education and an inter-school computer quiz this Saturday. The events will be held at the Ngee Ann campus. The seminar is expected to be attended by career guidance teachers from secondary schools. Topics will include curriculum developments at
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      • Article
        Apple contest results soon
        68 2 APPLE Singapore will announce the winners of its nationwide schools competition this week. The competition, with the theme "Children The Future of Singapore", called for students and teachers to submit essays and paintings of their vision of the classroom in the 21st century. Prizes are Apple
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      • Article
        More leeway for schools
        89 2 THE Ministry of Education is looking into ways to give school advisory committees (SAC) and school management committees (SMC) more scope and authority in planning programmes for schools and working out how these programmes can be financed. This was disclosed by Education Minister Dr Tony Tan
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      • Article
        Computer show opens
        139 2 COMTEC '90, a microcomputer exhibition for South-east Asia, will be officially opened today by Tan Chin Nam, chairman of the National Computer Board. The exhibition at the World Trade Centre will have displays occupying a total gross area of 9,625 sq m. The four-day show has attracted
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      • Article
        Reading month activities
        61 2 THE National Book Development Council of Singapore has announced that a number of competitions organised in conjunction with the National Reading Month have been extended to Aug 31. Among these are a short story writing contest tor teenagers, an on-the-spot competition for primary school students and a
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    • Article
      Ocean Towers expects rentals of $140 psm
      423 2  -  By Sangeeta Mulchand STRAITS Steamship Land has predicted that its $170 million Ocean Towers could on the rental market for 140 psm ($l3 psO monthly when the building is completed in early 1992. With a lettable area of 22,450 sq m (241,650 sq
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    • Article, Illustration
      Dr Tay suggests ways to attract mechanics
      380 2  -  By Anne Lee THE motor industry may have to adjust its salaries in order to attract and retain mechanics, notes Dr Tay Eng Soon, the Senior Minister of State for Education. A common problem in the automotive industry, the minister discovered yesterday when
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    • Article
      Camp preparing children to become CEOs
      222 2 WHILE local school children are mugging away in class today, some 120 children from countries in the Asia-Pacific are in a Singapore holiday camp being trained as future chief executive officers (CEOs). The camp at the United World College for South-east Asia is part
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    • Article
      Tourists spent $4.8 billion here last year
      308 2 VISITORS to Singapore last year spent $4.8 billion while in the Republic, according to a Singapore Tourist Promotion Board survey. This was a SO per cent increase on the 1988 figure. The big spenders were from the Asean countries, Japan, Australia and India,
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    • Article
      Low morale a reason for high turnover
      222 2 MORALE problems and lack of loyalty have been identic fied as possible reasons for the labour shortage and the high turnover rate in the restaurant industry. The results of a survey presented by the productivity and management team (PROMPT) of the National Productivity
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    • Article
      The law must be in tune with business practices
      256 2  -  By David Gabriel IT IS important that the law should keep in step with business practice. As new forms of doing business are explored by businessmen, lawyers must be able to support these entrepreneurial efforts. With this call, Mr Justice Lai
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    • Article
      Motor traders come under AAS fire
      236 2 THE Automobile Association of Singapore (AAS) has pointed its finger at motor traders for using nominees to bid for certificates of entitlement (COEs). In a statement yesterday, the AAS said speculation continued to distort the demand of COEs, pushing up prices to an unrealistic
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      24 2 ORS skksl, GOLFCRAFT CENTRE PTE LTD J T 1, Coleman Street, Adelphi Complex #02-13, Singapore 0617 Tel: 339-5691/2 Fax: 339-3620 Tlx: Its ***** GOLFEX
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      UOL reports 10pc rise in group after-tax profits
      529 3  -  Subsidiary Hotel Plaza turns in 30pc increase in earnings By Suzanne Soh UNITED Overseas Land (UOL) enjoyed a 10 per cent rise in group after-tax profits in the first half of the year, while its newly listed subsidiary Hotel Plaza Limited (HPL)
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    • Article
      Lock icon Share issue of Union Paper oversubscribed 27 times
      310 3 Bernama THE PUBLIC share issue of Union Paper Holdings Bhd, which will be listed on the second board of the Kuala Lumpur Stock Exchange (KLSE) on Sep 18, has been oversubscribed 27 times. The company's offer for sale to the public of
      Bernama  -  310 words
    • Article, Illustration
      Lock icon Malaysian property boom sends construction shares rising
      633 3 MARKET TALK Reuter MALAYSIA's construction and cement stocks, pushed off the rails by a slump since 1985, have recovered strongly on the back of a property boom, say stock analysts in Kuala Lumpur. Barring a war in the Gulf, the rising demand and
      Reuter  -  633 words
    • Article
      Muda Holdings completes UPP stake purchase
      268 3  -  By William Chia MUDA HOLDINGS Bhd has completed the purchase of a 24 per cent stake in Singapore's United Pulp Paper Co Ltd from Hartaban Holdings Sdn Bhd. UPP informed the Stock Exchange of Singapore on Tuesday that Muda Holdings acquired the block comprising
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    • Article
      Lock icon Don't discourage KL share listings
      220 3 Bernama THE AUTHORITIES should not discourage the listing of new companies on the Kuala Lumpur Stock Exchange despite the current bear market, Rakyat Merchant Bankers Bhd chief executive Ridzuan Abdul Halim said yesterday. He said that a number of applications from companies planning to go
      Bernama  -  220 words
    • COMPANY BRIEFS
      • Article
        Kim Eng gets second seat on HKSE
        40 3 KIM ENG Holdings yesterday confirmed a BT report on the purchase of a second seat on the Hongkong Stock Exchange by its wholly-owned subsidiary Kim Eng Securities. It paid HK5720.000 for the seat.
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      • Article
        G K Goh Holdings replies
        47 3 G K GOH Holdings, the listed parent of a stockbroking firm with a similar name, yesterday clarified that it was not "currently" negotiating to buy a seat on the Hongkong Stock Exchange. The company was responding to a query from the SES.
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      • Article
        FEO raises Ming Court stake
        61 3 NG TENG FONG's Far East Organisation has bought another 50,000 shares in Ming Court Hotel to take its stake in the hotel company to 64.95 per cent from 64.72 per cent Far East paid a total of $237,980 for the shares $4.76 a share for
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      • Article
        SES seeks Haw Par's views
        26 3 THE SES has asked Haw Par to comment on an article entitled "Haw Par in Batam Joint venture with Indonesian group".
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      • Article
        Parkway Holdings fixes rate
        32 3 PARKWAY Holdings has fixed the interest rate on its $30 million Guaranteed Floating Rate Notes 1993 at 7.875 per cent for the period Aug 21 to Nov 21.
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    • Article
      RDC bags airport extension deal
      194 3 RESOURCES Development Corporation (RDC), together with a local partner, has clinched a $54.49 million deal to construct the southern extension of Changi Airport's runway two. The local partner is Chew Eu Hock Construction Company, which entered into a joint venture with RDCs ful-ly-owned subsidiary, RDC
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      233 3 HISTORY IN TIME Newton, automatic in 18 ct gold or gold/steel Planetarium Copernicus, individually numbered, handmade in 18 ct gold Michelangelo, automatic in 18 ct gold or gold/steel Planetarium Copernicus The Planetarium by Ulysse Nardin combines with a pure The Planetarium indicates: stroke of genius the geocentric universe with the
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Sumitomo buys leading UK pesticide firm
        81 4 TRADING HOUSE Sumitomo Corp has bought Pan Brittanica Industries Ltd (PBI), a leading British maker of pesticides and garden materials, from Britain's Tennants Consolidated Ltd. The £30 million purchase was agreed in London on Tuesday, a Sumitomo spokesman said in Tokyo yesterday. PBI now
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      • Article
        KFC-J shares trading in Tokyo
        79 4 SHARES OF KENTUCKY FRIED CHICKEN Japan (KFC-J) have begun trading on the Tokyo Stock Exchange, Pepsico Inc announced on Tuesday. KFC-J is a joint venture of Mitsubishi Corp and Pepsico, and once the initial public offering (IPO) was completed, each partner would retain a 30.5
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      • Article
        Mitsubishi wins China contract
        71 4 MITSUBISHI Heavy Industries Ltd has won an order worth 12 billion yen for a coal-handling facility through trading house Toyo Menka Kaisha Ltd from China National Technical Import and Export Corp. The comprehensive system from Mitsubishi would be installed at Qingdao Port in Shantung Province by
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      • Article
        Daewoo expands capacity
        66 4 DAEWOO MOTOR Co Ltd, South Korea's third largest car-maker, has expanded its production capacity by 54,000 to 454,000 cars a year to boost compact car sales. A company spokesman in Seoul said on Tuesday, "We have begun test production for a new front-wheel-drive compact car in the
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      • Article
        Canon raises profit forecast
        96 4 JAPAN'S Canon Inc has revised its forecast for parent company net profit upwards to 40.50 billion yen for the year ending Dec 31, 1990, from a June forecast of 40 billion yen, a company spokesman said in Tokyo. The revision was based on interim results announced
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    • Article, Illustration
      Lock icon Bright outlook for News Corp despite profit fall
      445 4 Reuter A DRAMATIC SLUMP is expected in 1989/90 earnings at Rupert Murdoch's media giant News Corp Ltd, but prospects are bright, say analysts in Sydney. Net profit forecasts for the year to June 30 range between As2ls million and As2Bo million, around
      Reuter  -  445 words
    • Article
      Lock icon Overall downturn for top S Korean groups
      237 4 Reuter LISTED COMPANIES within South Korea's top 10 conglomerates saw an overall business downturn in the first pix months of this year, repoiking aggregate net profits 3.6 per cent from the same period a year before, according to a report by the country's
      Reuter  -  237 words
    • Article
      Chevalier to raise HK$158m via rights issue
      379 4 CHEVALIER (OA) International plans to raise HK$l5B million through a one-for-one rights issue, with a bonus for shareholders, including two warrants for every five new shares issued. The rights and warrants issue occurs despite a 47 per cent drop in net profits following
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    • Article
      Cheuk Nang scraps plans for rights issue
      280 4 CHEUK NANG Properties has abandoned plans for a rights issue, apparently because of the bearish property sentiment in the wake of the Gulf crisis, according to the South China Morning Post. The group's board called off the plan to raise HKS2O3 million through
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    • Article
      Assets at Sung Foo Kee up 192pc
      215 4 TOTAL ASSETS at Song Foo Kee Holdings, the listed construction offshoot of Great Eagle, jumped 192 per cent in the year ended Jnne. The firm's assets rose to HK5515.5 million from HK5176.2 million in the previous year, according to the South China Morning
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    • Article
      Lock icon Carter Holt Harvey planning convertible bond issue
      299 4 Reuter RESOURCES GROUP Carter Holt Harvey Ltd (CHH) is planning an issue of 8 per cent, six-year Swiss franc convertible bonds. CHH executive chairman Richard Carter said in Wellington yesterday that the issue was expected to raise between NZ$l5O million and NZ$3OO million,
      Reuter  -  299 words
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      1122 4 crnßAN<& Citibank, N.A. (Incorporated with Limited Liability in the USA) CONSOLIDATED BALANCE SHUT CITICORP and SUBSIDIARIES CONSOLIDATED STATEMENT Of OPERATIONS CITICORP AND SUSSKXARIES Dmmbw 31 Oacmbtr 31 IN MILLIONS OF U.S. DOLLARS 1988 )N MILLIONS Of U.S. DOLLARS t rnri a EXCEPT PER SHARE AMOUNTS M( 1988 3gs ripmlft M
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon WestLB takes 10-pc stake in W German retailer
      480 5 Reuter WESTDEUTSCHE Landesbank Girozentrale (WestLß) said it has taken a 10-per cent stake in West German retailer ASKO Deutsche Kaufhaus AG. WestLß said in a state- ment it acquired the stake, comprised of 333,000 ordinary voting rights shares, from GBS GeseUschaft fuer
      Reuter  -  480 words
    • Article
      Lock icon Ford Europe unveils new line
      189 5 Reuter FORD EUROPE unveiled its new Escort and Orion range of small family cars in Loodon yesterday, saying It has speat more than L'Ssl.s billion over the past fire years on the project The subsidiary of Ford Motor Co of the US said the aew
      Reuter  -  189 words
    • Article
      Lock icon Wang clinches US$841m US State Dept deal
      297 5 NYT IN ITS MOST POSITIVE news in more than two years, Wang Laboratories Inc announced on Tuesday that the US State Department has awarded the company a fiveyear, U*****.3 million contract to supply and service a range of desk-top and midrange computers. Under
      NYT  -  297 words
    • COMPANY BRIEFS
      • Article
        Unilever expects to own Mora within five years
        57 5 ANGLO-DUTCH CONGLOMERATE Unilever NV/pte expects to reach agreement on taking a 49 per cent stake in Dutch frozen snack producer Mora/Saltos and acquiring the remaining part within five years. Unilever confirmed on Monday that it was studying "cooperation" with Mora after press
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      • Article
        Siemens wins Indonesian deal
        70 5 WEST GERMAN electronics group Siemens AG has won an order worth several hundred million marks to supply electrical equipment for a gas and steam turbine power plant in Eak Java. It said on Tuesday that the general contractor was Mitsubishi Corp and that Siemens was part
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      • Article
        Guinness case goes to jury
        98 5 THE CASE against four businessmen charged with having manipulated Guinness share prices in 1986 in connection with a takeover bid went to the jury in London on Tuesday, legal sources said. The case took 107 days of hearings, during which 70 witnesses testified. The four
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      • Article
        Trump bailout deal approved
        64 5 THE NEW JERSEY Casino Control Commission has approved a US$65 million bank loan bailout package for Donald Trump, clearing the way for the heavily indebted New York tycoon to obtain the badly needed money. Approval had been expected after a positive recommendation last Friday from the
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    • Article, Illustration
      Lock icon Fortune again rates Brunei Sultan as world's richest
      521 5 AP If YOU wondered why oil is worth fighting for, take a look at Fortune magazine's latest ranking of the world's ..billionaires. The two richest people on the face of the earth are oil barons, the magazine reported Tuesday. Sultan Haji Hassanal
      AP  -  521 words
  • Page 5 Advertisements
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      161 5 0 OTHER CARS ARE ENGINEERED. ROVERS ARE CRAFTED. The Rover has always offered that rare combination: luxury coupled point fuel injection, to a highly potent 24 valve V 6 2.7 litre. By with impressive performance. True to tradition, the new Rovers special request, we can also offer the new Rover
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Taiwan raises limit on foreign liabilities
        74 6 TAIWAN'S central bank has raised the limit on outstanding fbtcign liabilities for both local and foreign banks in Taiwan, central bank officials said. Starting yesterday the banks can inerease the amount of funds they borrow offshore to use for domestic lending by SO per
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      • Article
        Tokyo rate set to rise
        60 6 JAPAN'S long-term credit banks will likely raise their Joog-term prime lending rate by 0.4 per cent to 8.3 per cent, effective next Monday, the Nihon Keizai Shimbun reported -yfesterday. The leading financial daily, quoting banking sburces, said the move, the second increase in a month,
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      • Article
        Banks decline comment on UAL
        83 6 SPOKESMEN for two Japanese banks refused comment on whether they will assist an employee attempt to buy the UAL Ctfrp airline for US$4.4 billion. Officials at Long-Term Credit tisnk of Japan Ltd (LTCB) and Mitsubishi Trust Banking Corp confirmed they have been approached for meetings
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      • Article
        Shanghai tightens market rules
        113 6 •CHINA'S fledgling Shanghai stockmarket has issued strict new regulations in a move to combat increasing trading Infcgularities. The regulations ban all private stock transfers, the Ta Kung Pao daily said, adding that all transfers must be done through officially recognised brokers and processed within one week.
        113 words
    • Article
      POSB Bank to raise rates by half a point
      376 6  -  By Quak Hiang Whai DRIVEN BY fierce competition for deposits, POSB Bank is raising its saving rates by half a percentage point next week its fourth increase since last December. From Sep 1, POSB Bank depositors will receive 4.5 per cent
      376 words
    • Article
      Lock icon Western banks review credit lines to Gulf
      565 6 Reuter WESTERN banks are reviewing their relationship with Arab banks in the Gulf in the light of the Kuwaiti crisis, with most houses keeping credit lines to Gulf institutions open, bankers said in London. "Not many (Western banks) will have rescinded their lines...once
      Reuter  -  565 words
    • Article
      Lock icon Seminar on privatisation opens in Seoul
      179 6 AFP A SEMINAR on privatisation got under way in Seoul yesterday with officials from 21 countries, including two of Asia's socialist economies, Vietnam and China. The seminar on the "Management of Public Enterprises and Privatisation," co-sponsored by the Asia Development Bank (ADB) and the
      AFP  -  179 words
    • Article, Illustration
      Lock icon A$ climbs to 16-month high against US dollar
      502 6 Reuter THE AUSTRALIAN dollar has climbed to a 16-month high at U550.8203 due to a weaker US dollar, a safe-ha-ven status amid Gulf tension and expectations of continued firm monetary policy following the Australian 1990/91 budget. Traders said the currency was also
      Reuter  -  502 words
    • Article, Illustration
      Lock icon Poehl rises to the task of painful transformation
      555 6 AP KARL Otto Poehl, president of the powerful Bundesbank, is supervising the painful transformation of East Germany into part of a capitalist state. He assumed the job with reluctance, but appears to be the right man for it. With a keen sense
      AP  -  555 words
    • Article
      Lock icon Dutch bank merger likely to be unhappy union: analysts
      502 6 Reuter THE imminent merger of the Netherlands' two largest banks, Algemene Bank Nederland NY and AmsterdamRotterdam Bank NV, is likely to be a marriage between ill-matched partners, say analysts. They describe the merger as fraught with problems and say its success
      Reuter  -  502 words
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      Page 6 Advertisements Column 1
      44 6 101-107 Goderlch Street, East Perth, Western Australia OUTSTANDING REDEVELOPMENT OPPORTUNITY ALSO SUITABLE FOR OWNER OCCUPIER 3 Separate titles Land Area 3073m 2 Improvements: Office/Warehouse: 1851m 2 Residence: 190m 2 Zoning: Residential Rl6O On Site 11am 26th September 1990 Details Stewart Aaronson A/h 367 4318
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      Page 6 Advertisements Column 2
      15 6 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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      Page 6 Advertisements Column 3
      19 6 ||kVII3HIAwNHBIKII fW Hrawisitii v gK a full trade in value at our showroom. BElfe Auctioneers: Cheong Koon Seng (CKS)
      19 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Chinese investing in Thailand and Malaysia
      585 7 Reuter CHINESE state companies, having established a springboard in Hongkong, are now looking further abroad and investing more in the emerging economies of Thailand and Malaysia. Chinese officials in the two South-east Asian nations say the companies are being driven by slower investment opportunities
      Reuter  -  585 words
    • Article
      Lock icon Economist pegs KL's growth at 8.8pc this year
      322 7 Bernama THE MALAYSIAN economy was expected to remain strong in the second half of this year to give an average growth for the year of 8.8 per cent, Arab-Malaysian Securities Sdn Bhd chief economist Mustafa Mohamad Nor said on Tuesday. The central
      Bernama  -  322 words
    • NOTE BOOK
      • Article
        Aussie budget heralds no relief from high rates
        94 7 AUSTRALIAN Treasurer Paul Keating missed his chance to engineer a cut in interest rates despite achieving a budget surplus of AsB.ll billion, economists said on Wednesday. David Chessell, economist at Aocess Economics, said the budget failed to tackle the nation's current account,
        94 words
      • Article
        A pledge to compromise
        69 7 THE LEADERS of Cambodia's resistance factions ended three day of talks in Beijing with a vow on Wednesdayilo attend peace talks in Jakarta in a spirit of compromise. a joint communique, the three leaders said they would accept invitations to the proposed Jakarta talks and discuss
        69 words
      • Article
        Easier access for heroin imports
        65 7 THE PROPOSED development of a multi-million dollar tourist resort in South-east Asia's Golden Triangle could allow easier access for heroin imports into Australia, officials in Sydney warned on Wednesday. A spokesman for New South Wales Police Minister Ted Pickering said tlvc minister was using the
        65 words
      • Article
        Banned from buying air time
        35 7 NEW ZEALAND has banned political parties from buying advertising time on radio or television during October'* election campaign and will instead give the main parties free or subsidised air time.
        35 words
    • Article
      Lock icon Malaysia very bullish on unified Germany
      304 7 Bernama MALAYSIA is very bullish on the future economic prospects of West Germany, especially with its imminent reunification with East Germany which is expected to enhance prospects for expanding bilateral trade and investment. "A reunified Germany would mean a bigger and more vital market,
      Bernama  -  304 words
    • Article
      Lock icon US warns against over-exploitation of the GSP
      434 7 Bernama A US OFFICIAL has cautioned Malaysia against channelling too much of its energies to boosting exports to the US under the Generalised System of Preferences. Calling the move to become the No 1 GSP exporter to the US an "artificial goal", he
      Bernama  -  434 words
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      Page 7 Advertisements Column 1
      167 7 Your local office says yes. YOUR TRAVEL AGENT SAYS NO. AND THE CONSULATE IS CLOSED FOR A NATIONAL HOLIDAY. It took enough to prepare for the meeting. Now, you don't know if you have the right documents to make it there. Relax. Visa Gold's Pre-Trip Assistance will let you know
      167 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Korean trade surplus with US down 53 pc
        118 8 SOUTH KOREA'S trade surplus with the US between January and July plunged 53 per cent from a year ago to US$l.24 billion, the Korean Customs Administration said in Seoul yesterday. The government agency also said Korea's trade deficit with Japan rose 47.6
        118 words
      • Article
        Record Korean vehicle output
        87 8 SOUTH KOREA will produce a record 1.35 million motor vehicles this year, up 12.5 per cent from a year ago, the Korea Automobile Manufacturers' Association predicted yesterday. It said the predicted figure, including one million passenger cars, broke down to 370,000 vehicles for exports, up 1.4
        87 words
      • Article
        Farmers protest against talks
        55 8 SOME TWO HUNDRED South Korean farmers protested yesterday at the Agriculture Ministry in Seoul to demand that the government withdraw from Gatt's Uruguay Round negotiations. They also denounced the government for preventing them from holding a convention on Monday at the Han River Regatta Course, an
        55 words
      • Article
        Pact to cut Venezuelan debt
        60 8 VENEZUELA'S public foreign debt will be cut by more than 20 per cent under a reduction agreement reached between Venezuela and creditor banks, Venezuelan officials said on Tuesday. The deal covers US$2O.5 billion of the oil-producing nation's US$26 billion public sector debt. The country owes
        60 words
      • Article
        Marginal growth for Cuba
        64 8 GUBA's economy is expected to grow by a slim one to 2 per cent this year, according to an economic forecast presented recently to Western creditors by the communist government. Growth rates for agriculture and construction in 1990 were projected at 2.5 per cent over 1989,
        64 words
      • Article
        Soviet bid to head off protests
        83 8 A" SOVIET KGB commander said yesterday that he has moved extra troops and armoured cars to Lithuania's border with Poland to deal with a planned mass drive across the frontier by Lithuanian nationalists. Lithuania's ruling Sajudis movement, pressing for complete independence from Moscow, has
        83 words
    • Article, Illustration
      Lock icon Yeltsin's reform drive puts pressure on Moscow
      520 8 AFP RUSSIAN President Boris Yeltsin is pressing for speedier implementation of economic and political reforms, thereby bypassing what he considers an incompetent approach by the federal authorities. Mr Yeltsin has put forward a so-called "500 days" programme for transition to a market economy
      AFP  -  520 words
    • Article
      Lock icon UK must continue tight policies: OECD
      404 8 FT BRITAIN will have to maintain tight economic policies "for the foreseeable future" if it is to combat inflation successfully, according to the Organisation for Economic Co-operation and Development. The 24-nation body says in its latest annual report on the UK economy that there
      FT  -  404 words
    • Article
      Lock icon Brussels counts the cost of E German entry
      488 8 FT A PRICE TAG of around ECUSOOm (USs66om) a year between 1991 and 1993 was put on Monday on the integration of East Germany into the European Community. The first official projection of the budgetary costs of German unification for the rest
      FT  -  488 words
    • Article
      Pyongyang out to lure tourists, investors
      231 8 A SENIOR North Korean official is to unveil a plan in Macau to lure tourists and investors to Pyongyang. Dr Eng Lee Ho-hyok, a former deputy prime minister, is to address a press conference organised by Hongkong-based Talented Dragon Investment, the company behind the
      231 words
    • Article
      Lock icon World Bank back on birth check
      400 8 Move seen as basic ingredient for economic growth Reuter THE WORLD BANK is renewing its public criticism of population growth as a cause of poverty and environmental destruction after a decade of treading softly on the controversial issue. Bank President Barber Conable has been
      Reuter  -  400 words
    • Article
      Lock icon British oil groups come under fire
      555 9 NYT OIL COMPANIES on Tuesday came under a barrage of criticism in the UK amid accusations of profiteering with the recent sharp increases in petrol pump prices. Prime Minister Margaret Thatcher added her voice to the fray when she said: "We have made an
      NYT  -  555 words
    • Article
      Lock icon Gains from adversity
      366 9 NYT IT IS an old tradition on Wall Street that even an ill wind can whip up a nice profit for someone. The grim prospect of American and Allied troops confronting a foe who is known to have a history of using chemical weapons is a case
      NYT  -  366 words
    • Article
      Lock icon Poorer countries much harder hit
      548 9 AP THREE WEEKS after Iraq's invasion of Kuwait, the first signs are showing of a gathering economic crisis in the developing world. In Nepal, there's a run on petrol. The government of Sri Lanka is worried about continued access to the Gulf states which are
      AP  -  548 words
    • Article, Illustration
      Lock icon Fed caught in 'Catch-22' trap
      791 9 The Gulf crisis IHT THE uncertain outlook for war in the Middle East pushed US interest rates temporarily past the psychological barrier of 9 per cent on Tuesday, pummelled stock markets and left the Federal Reserve Board with limited options in its effort to manage
      IHT  -  791 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      34 8 Heil! Hussein, What next? do Saddam Pj Hussein and JX. players have in the Gulf crisis? stalemate? igy/ 1 J There are J several to p P\\ /JfrnKHfag choose from, 1 ;> < JMBt but which?
      34 words
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      Page 8 Advertisements Column 2
      75 8 Property Search FREE! A comprehensive listing of conservation properties in Tanjong Pagar just for you! If you are on a search for larger office space to house your operations, let us help. Consider the following: Cheap Rent Entire office for your usage Flexibility in operating hours No cut-off time for
      75 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      73 9 ST WF mL j,- PP ofsa^Mt i*»- ''■< i%.''-. PARIS %'s'f.A'i-Y- The spirit of time: M stainless steelfcold plated watch X^HfiiP??^ with sapphire crystal and matching adjustable bracelet. cf£ OXuflOflL DISTRIBUTION PTE LTD > #24-07 Orrhard Towers. Singapore 09*23. Tel: *****22 (12 lines! yS Boutique: #02-07 Wi>ma Alna. Tel: *****93.
      73 words
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  • Article
    Not so splendid isolation
    495 10 EDITORIAL THE intra-black violence in South Africa, horrifying in its gory details, yet points to a larger, and potentially more devastating, political problem. Three decades of political development in independent Africa have not succeeded in snapping the link between tribalism and politics. Even allowing for the
    495 words
  • WHAT THE OTHERS SAY
    • Article
      Filling the back benches
      228 10 THE difficulty of getting Singaporeans into the political arena, according to two young MPs, is because many see "no obvious reason" to take up the People's Action Party's call. Indeed, not enough attention has been given to filling the back benches of 'Parliament. The two MPs
      228 words
    • Article
      A corporate obligation
      134 10 SINGAPORE Press Holdings has initiated a corporate philosophy that is worthy of emulation that is setting aside one per cent of its annual trading profit for charity. Singaporeans are not unknown for their generosity when it comes to helping others through donations. The Community Chest is a
      134 words
    • Article
      COEs and cars
      129 10 THE authorities say the quantum of increases in car quota premiums reflects market forces, but it is evident that speculation cannot be ruled out. Certificates of Entitlement (COEs) have become a factor in the sale of cars. Dealers with more COEs in hand obviously enjoy an advantage.
      129 words
  • REGIONAL VIEWPOINTS
    • Article
      Plan for the long-term
      210 10 THE unhealthy rash of industrial disputes affecting the- civil service this year reflects a certain state of mind in Hongkong; there is a desire to maximise earnings before the budget heads into the deficit that seems inevitable next year. On the other hand, the Government, facing
      210 words
    • Article
      Do your homework
      172 10 MALAYSIA'S business sector can look forward to new rules and settings governing world commerce from next year onwards. While there is anxiety over whether the Uruguay Round of multilateral talks will really succeed, this same apprehension is spurring the participating countries to patch together a global trading
      172 words
    • Article
      Making for plain sailing
      142 10 THE Mutsu (Japan's first nuclear powered ship) is a prime example of researchers stubbornly adhering to a project that was defined in an entirely different era. Some critics jokingly say the Mutsu belongs in a drift net. Advocates may go so far as to claim that
      142 words
  • Article, Illustration
    Lock icon The death throes of a cartel
    1412 10 Opec once held the rest of the world to ransom. It is today one of the first victims of the Gulf crisis. Economist THE 1990s were supposed to see the resurgence of Opec, the Organisation of Petroleum Exporting Countries, as the world's most powerful
    Economist  -  1,412 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      140 10 J Companies make news because they make profits or losses for you. hja ab p|||j| The Business Times' COMPANIES NEWS V Ml V IMSMk pages are very widely read. 7 We reveal the latest deals in Singapore and the region, profile the movers and shakers behind them and summarise corporate
      140 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      35 10 DOONESBURY BY GARRY TRUDEAU MS. CAUCUS! UH-HUH. NO,BUT A WOW, Jg- I KXKOOS&? I SAiP, CON-1 ***** L W lVs IF YOU Co^t 5 I UJHAVSTH& 16RSWAH, I NOTCANCSR, SM67 pteAse is n* to ee
      35 words
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  • ANALYSIS
    • Article
      Lock icon Latin America: defining its place in the world
      1092 11  -  With Eastern Europe grabbing the economic headlines, Latin American leaders know they must seize the initiative and find new markets and new development partners, fast. Robert Graham, recently in Latin America, reports on its prospects. Robert Graham, FT LATIN American leaders have
      FT  -  1,092 words
    • Article, Illustration
      Cebu's very own top gun
      1457 11  -  The Osmenas of Cebu, a traditional politico-economic force, are re-emerging with a strong thrust from Tomas Osmena, the mayor of Cebu, who is the grandson of Sergio Osmena, a former Philippine president, writes Harish Mehta. Harish Mehta TOMAS Osmena takes a voyage to another world
      1,457 words
    • Article, Illustration
      Lock icon Thawing out deep frozen petrodollar treasure
      744 11  -  A worldwide scramble for control of Kuwait's billions could lead to the biggest financial dispute ever, reports Richard Melcher. Richard Melcher International Business Week ITs the great US$lOO billion asset grab. Ever since the Opec oil shocks of the 1970s endowed it with riches
      International Business Week  -  744 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      227 12 i CONGRATULATIONS 1 mm Mr to TUNG LOK GROUP OF RESTAURANTS H on the opening of H I PARAMOUNT CHINESE CUISINE RESTAURANT I at 30 East Coast Road, #01-01/02 Paramount Hotel Shopping Centre. Singapore 1542. Tel: 440-3233. I UILIII I 111 fpyw. 'v- .u V *3--* I II l\t l
      227 words
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  • SPORTS
    • Article, Illustration
      Lock icon Wilander loses again
      407 13 AP TODD MARTIN, a student at Northwestern University, was the teacher on Tuesday night as he upset 1988 US Open champion Mats Wilander 0-6, 6-4, 7-5 in the opening round of the WCT Tournament of Champions in New York. It was another disappointment for Wilander, who began
      AP  -  407 words
    • Article
      Singapore takes joint second place in Putra Cup
      303 13  -  By Cassandra How SINGAPORE is in joint second position with Malaysia and Thailand on the first day of the 30th South-east Asia Amateur Golf Team Championship (Putra Cup 1990). At the Tanah Merah Country Club yesterday, the Philippine trio of Vince Gerard,
      303 words
    • Article
      Lock icon Wadkins brothers win Fred Meyer
      344 13 AP BOBBY WAD KINS birdied three of the last four holes on Tuesday as he and brother Lanny captured a wet, threestroke victory in the US$7OO,OOO dollar Fred Meyer Challenge in Oregon. Playing in a constant rain that became a downpour for much of the
      AP  -  344 words
    • Article
      Lock icon Sukova dominates opponent in Pathmark Classic
      376 13 AP SIXTH-SEEDED Helena Sukova of Czechoslovakia needed only 28 minutes for a 6-0, 6-1 first-round victory in the US$l6O,OOO Pathmark Tennis Classic in New Jersey on Tuesday. Julianne Gorka, 18, of East Germany won only eight points on her first trip outside her homeland
      AP  -  376 words
    • SIDE LINES
      • Article
        McEnroe defeats Borwick in London
        78 13 JOHN McENROE, the sixth seed, beat qualifier Neil Dotmß of Australia 6-4, 6-1 for a first-round victory is. U*****,000 Norstar Bank Hamlet Challenge tennis towfl ment in London on Tuesday night In another first-rouß match, Carl-Ewe Steeb beat Udo Riglewski 6-2, 4-6, 64) irfl dud
        78 words
      • Article
        Robson out for a while
        95 13 BRYAN .ROBSON, Manchester United's captain, cxpocts miss the first five weeks of the new season after havinfl second operation on an Achilles tendon on Tuesday. Unil hopes the operation at a clinic in London's Hariey Street I finally cleared up the injury, which cut short
        95 words
      • Article
        Maradona's hopes
        72 13 ARGENTINE soccer star Diego Maradona said on Tuesc that he's thinking of a career as soccer coach once he gives as a player. "It's an opportunity for arguing with the mo and the fans also in the future,** said Maiadona, whc relations with most Italian supporters and reporters
        72 words
      • Article
        Stylish debut
        58 13 FORMER top amateur Vyacheslav Ekimov of the Sov Union marked his professional debut in the worid cydi championships yesterday by leading the qualifiers m the fi kilometre professional pursuit in Japan. Ekimov, the thr time world amateur pursuit champion who now rides prof sionally for the Panasonic team
        58 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      68 13 I @ur salmon, stuffed Witl? I I (Xfyo lsDf*ns seductiOe creations. I at "'-C- f. T I MK6l® @PH€l| I I qyte I I 'f f cocktail (lunch) or dessert (dinner), [flree. I 1 I ©ffer Oalid ©August I S I ffiSM I I M \*'Minternational' ™J ROYAL S® CROWNt
      68 words
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  • ADVERTISING & MARKETING 1
    • Article, Illustration
      Alkaff Mansion opens next month
      406 14  -  j* Anne Lee ASS-MILLION face-lift has restored the Alkaff Mansion, which sits on Mount Faber Ridge, to its former 1920s glory. And crane next month it will welcome party goers to its stately premises, ringed by a spacious garden. There was a change in plans
      406 words
    • Article, Illustration
      Gibson PR hires 30-year-old MD
      283 14 AT AN AGE when most public relations practitioners are honing the intricacies of their craft, Gabriel McDowell has been appointed managing director of Gibson Public Relations Singapore. The 30-year-old Irishman leads a staff of 22 and handles a client list of 34, including names like
      283 words
    • Article
      Lock icon US ad agencies on a buying spree in UK
      453 14 NYT DURING the last decade, acquisitive British advertising agencies snapped up some of Madison Avenue's most famous names Ogilvy Mather, Ted Bates; Compton; Backer A Spiel vogel and J Walter Thompson. Now, the tables have been turned. Recently, D'Arcy Masius Benton
      NYT  -  453 words
    • Article, Illustration
      Best Western woos more Asian hotels
      377 15  -  Sangeeta Mulchand AN international hotel marketing and reservations system which set up a regional base in Singapore last year is scouting around for more Asian hotels to join its fold. Best Western, which counts four Asian hotels including Singapore's Garden Hotel as members, hopes
      377 words
    • Article
      Lock icon Hyatt Corp changes its logo
      192 15 AP THE HYATT Corp is replacing the 19-year-old logo for its hotels and resorts with an updated symbol designed to project a more stylish image. The new rectangularshaped logo features the word Hyatt, written in stylised white letters on a deep blue background. A slim
      AP  -  192 words
    • Article, Illustration
      Like no other
      125 15 No, not just another PR company JMA's newly-ap-pointed managing director Eric Chan (centre) enters the picture as the once "low profile" firm stretches for a place in the sun. Mr Chan, from Hongkong, will work with group chairman Jeff Mann (left) and group managing director Colin Goddard.
      125 words
    • Article
      COPY LINES
      183 15 SPENSER/BBDO has added four new names to its client list this year, pushing up billings by $7 million to about $47 million. The first gain after the merger between the New York-based BBDO and local firm Spenser and Friends earlier this year was the Hyatt Southeast Asia account,
      183 words
    • Article
      Lock icon Young & Rubicam joins the fray in East Europe
      742 15 Young Rubicam joins the fray in East Europe Lure of growing free-market economies NYT YOUNG RUBICAM said last week that it had bought an agency in Prague, making it the latest American agency to further expand its presence in Eastern Europe. The new agency, Young Rubicam Czechoslovakia, is a venture
      NYT  -  742 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      165 14 *ot*frmx *S%MMA li'z^^^~' "il '"'iri 4 l>————~■—^~ t f H •V liißiiiiiinn 1 l\ M IIMZH x .—m—mß i —MkimnaHiK liiiHis^^^P^sßßn^S^HSii^VHl^^^m While we're certainly equipped to rush your important more economical, door-to-door, than you realise. documents across the world, what you may not know is that DHLofficesare also backed up
      165 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      41 15 Lmm LISTED BEVERAGE jHI *33.00 It's a new concept in dining from the Terazza at Sheraton Towers. A la carfe dining at a guaranteed price. £5 T TERAZZA 4% «ii At Sheraton Towers, )9 Scotts Road, Singapore 0922. Tel: 7}7 6888.
      41 words
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      Page 15 Advertisements Column 2
      55 15 I francesco smalto PARIS imihhhhhMllF A STATESMAN'S APPEARANCE BEFORE MILLIONS EACH TIME IS UNNERVING. THINK OF HIS TAILORS RESPONSIBILITY. FRANCESCO SMALTO BOUTIQUE 290 Orchard Road #01-13/14 The Paragon Singapore 0923 Tel: *****65 FRANCESCO SMALTO CORNER Offenbach 304 Orchard Road #01-36 C Lucky Plaza Singapore 0923 Tel: *****41 A quality product
      55 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      122 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... ITALIAN MASTERPIECES AT PRE G O! 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
      122 words
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      Page 16 Advertisements Column 2
      331 16 UNIQUELY HYATT Brannigan's is a pub unlike cxhers it specialises in din! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday 11 am to lam Fri(|ay;an.d am Live entertainment \rv w Hwn regencyQsngapore 10-12 Scons Road, Singapore 0922. Tel: 733H88
      331 words
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      Page 16 Advertisements Column 3
      301 16 Have a ball of a time at Subway! The hottest stop in town to hangloose and have fun. Happy Hours: 6-8 pm. 30% off all drinks. $15 nett after 8 pm on Fri. Sat and Eve of public hols. Closed on Sunday. Plaza Hotel «»7W»i 3—'ll TET£jA-TET£ yourself to our
      301 words
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      Page 16 Advertisements Column 4
      275 16 —~V w MMH| < 4 |HKi4 Say cheese to— SWISS I The Swiss have such wonderful ways with cheese. Savour thrtn and more at The Belvedere's Swiss Buffet this month. SWISS BUFFET LUNCH 4 August 1 31. Noon 2.30 pm 4 Adult: $36++, Child below 10: $18+ 4 We serve
      275 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      379 16 TELEVISION AND RADIO A problematic pilot —-1? Si-asss Si-rr" gjgaN 800 C<l ritl iMrl,i The IM ISSIvS frfr"! Crazy tar Yaa, 8.30pm, TV2 *JJ Lte Financial NewT Originally titled Fisio/i £m«s/, it **5® Matieal MiMi Excerpt uj ctMratka Spadal Perry 122 Phmt CaL l.l Op* Currency Exchange m has Madonna
      379 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Scientists working on sugar-based drugs
      744 17  -  Sugars, more technically known as carbohydrates, have been known mainly for their role in providing energy. But scientists now realise that carbohydrates, often connected to proteins, also play vital roles in regulating processes in tne body. They are moving to capitalise on this new knowledge.
      NYT  -  744 words
    • Article
      Lock icon Out-of-the-ordinary lingerie
      828 17  -  Sensual, luxurious and sometimes whimsical. These are the results of three avant-garde designers who have let their imaginations run free in their new collection of lingerie, says Anne-Marie Schiro. Anne-Marie Schiro NYT TAKE three avant-garde designers in New York, ask them for their ideas on lingerie, and you're
      NYT  -  828 words
    • Article
      Miss Saigon producer sets conditions
      734 17 THE PRODUCER of the New York production of Miss Saigon said on Tuesday that he would not bring the musical to Broadway unless the "profoundly unpleasant atmosphere" surrounding the production was dissolved. Cameroa Mackintosh left some room in his three-page statement which could bring the
      734 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      252 17 ...AND ENTERTAIN Tempting Treasures From The Deep. The tempting Fish and Oysters Promotion is on every night from August 7 to 23, at the Hubertus Grill. We guarantee you'll fall for it, hook, line and sinker! A® Century Park Sheraton Singapore I 16 NASSIM HILL, SINGAPORE 1025. TEL: 732 1222.
      252 words
    • Advertisement
      Page 17 Advertisements Column 2
      151 17 T|| 1/ A Restaurant and 1 Kv/ll\/m Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Shashlik A La Itoika Borsch Baked Alaska HAPPY HOURS $12.00 ONLY Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to 130pm 7.00pm to 2.00 am Dinner n^ diy F« 22M533 6.00pm to 10.00pm
      151 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Share prices hit 18-month low in nervous trade
      4643 18  -  By Abdul Hadhi WIDESPREAD SELLING linked to weakness in Tokyo and Wall Street hit the Singapore stockmarket yesterday, pushing share prices to their lowest levels in 18 months, although prices recovered somewhat during the afternoon trading session. According to analysts, mounting tension
      4,643 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3757 19 Main Board Sunshine Allied 410 +6 +15% Tong Meng 300 +3 +10% Inno-Pacific 106 +1 +1.0% Chuan Hup Notes 91Vj '/i +0.5% Clob Main Board Sunshine Allied 410 +1.5% >6 I nno-Pacific 106 +1.0% +1 Tong Meng 300 +1.0% +3 Chuan Hup Notes 9IVi +0.3%
    3,757 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      104 20 Cmmmt Data Yaar Craa» Mat Nat •arataft Craa» Ma to prdtt/toM (L) par than dWMaad (*000) (caato) H Sumim m* Aug 14 Mar 90 $4,0891 ($8,0201) HTP HMgs Aug 3 Mar 90 $2,334(12,7541) 2.6(—) JC-MPH Aug 3 Mar 90 $15,408($12,840) 8.5(7.1) 10h(3) Murata Jul 27 Mar 90 18.309f(20.925f)
      104 words
    • Article
      PRELIMINARY RESULTS
      88 20 Cwp-y M* Ywr Group pretax Nt wrwfrg* Crw I im to p««/to«» (L) p* «tor* ('000) (e«ito) t Set Oreds Aug 10 Mar 90 MJ2.452(M$164l) 0.4<—) 2(1) Mun Loom Aug 8 Mar 90 MJ9,855(MJ7.742) 15.5(11.8) 10(10) .♦Jffa HMgs Aug 8 Mar 90 M$l,766l(MJ1.713) 2.5(3Ji) 'tewNHMts Am 8 Mar
      88 words
    • Article
      INTERIM RESULTS
      263 20 INTERIM RESULTS fimin~r Data HaH-yaar Group pra-tax latariai 1 aM ta prom/lass (L) dlvWaod C000) Aug 21 ton 90 $823($129) Tun Shw Aug 21 Jun 90 $2,421 ($913) —<—) Apoto Aug 20 Jun 90 $1.348($1.399L) Magnum Corpn Aug 20 Jun 90 M$45,001 ($18,245) 5(4 4a) iShmrHa Aug 20
      263 words
    • Article
      DIVIDENDS ANNOUNCED
      643 20 Carrwt Ex Books Data Total tar Total Mr paymont data doM payaMo tko |fMr last yur MnHdp 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) Avtno 75%Tt(l)
      643 words
    • Article
      BONDS, LOANS & WARRANTS
      681 20 BONDS, LOANS WARRANTS Ci—any Cwwnlw —rt«d Ca—wtl« >w It irfcary «fcr» CAC Wt Before 26/4/93 J warrant plus $3 09 cash CauMway Loan CauKwi* Wt 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant phis SI nominal amount of loan stock Chuan H* (Mas Chan ftp Wt March
      681 words
    • Article
      CORPORATE DEVELOPMENTS
      237 20 Aug 21 P*m HoMngs BMs wholly-owned Hongkong subsidiary. Palmco International (HK) Ltd, has entered into two agreements to sell its entire stake in two Thai companies to Sinru International Ltd of Hongkong for a total of 76,820,450 baht (MJ7 9m). QAF Ltd and Mng Tai HoMngs have set
      237 words
    • Article
      RESULTS DUE
      688 20 Singapore Stocks Y#ar Company Period Oate Twi IW f ao nwiccd enAx (wnb) <•» P»«* last ye* (WO) Leon* Mot Interim Mar 30 Dec 89 5351(h) EMS Interim Apr 26 Jul 90 9.3(a) 2 3TE(a) 4.747 FIN Interim )un 23 Sep 90 35.6 18 0 62,868 ftina Interim
      688 words
    • Article
      APPROVED ISSUES
      385 20 Company Rights Issue KMa Mh (KK) Otters lor sale by cr on Muff of Utd Enjneers (M) Bhd of 25.2m shares by way of a nghts otter to entitled shareholders of KK on the basis ot tour tor one MSI 25 each Ei-date Jul 20 Boob dose: Aug
      385 words
    • Article
      PROPOSED ISSUES
      571 20 Company Rights Issue Man One-tor tour to MJ2 00 per share Causeway tov Capital reduction scheme to reduce par value of share trom $1 00 to $0 GO. R«hb issue ot 3:4 JO 60 per share CM One tor-one to MJ4 00 per share Every tour nghts shares
      571 words
    • Article
      COMPANY MEETINGS
      129 20 OTP Hokfinp Ltd: AGM at Mandann Hotel, Mandarin Court A, 4th Floor, 333 Orchard Road, Singapore 0923 on Friday August 24, at 10am. Jack Chia MPH Ltd: AGM at Tat Pan Ramada Hotel, Pine Room, 3rd Storey. 101 Victoria Street Singapore 0718 on Saturday August 25, at 12
      129 words
    • Article
      RECORD HIGHS & LOWS
      152 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 lifh: 1435 43 (16/7/90) 1990 htft 1607 12 (27/3/90) 1990 km: *****6 (22/8/90) 1990 \mr 182 02 <gW»> 1989 *h: 1322 00 (28/12/89) 19«9 tach: ***** (26/12/89 1989 low: ***** (4/1/89) 1989 tow: 030 69 J/l/M 1988 lifh: *****6 (8/8/88)
      152 words
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      Page 20 Advertisements Column 1
      150 20 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such interest to our readers that they more space and more research than can be given in our daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap BT
      150 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      KL stocks plunge 174 points on forced sales
      3657 21 CONFIDENCE on the Kuala Lumpur stock market continued to ebb as tension in West Asia escalated, sending a wave of selling pressure through the trading floor yesterday, which pushed prices to lower levels for the fifth consecutive session. Dealers said forced selling,
      3,657 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      93 21 FOR SUCCESSFUL MANAGEMENT I OF YOUR BUSINESS m O^y-<o>\ Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. 1 ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus
      93 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei average sinks to year's low
      2273 22 Reuter TOKYO STOCKS closed sharply lower yesterday with the benchmark Nikkei average hitting a 1990 closing low and charting its ninth biggest point decline. Index selling by futures arbitrageurs exaggerated a decline spurred by concerns over the Middle East and rising interest rates. The
      Reuter  -  2,273 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Hang Seng Index takes an 85-point fall
      2331 22 AP, Reuter SHARE PRICES tumbled on the Hongkong stock exchange yesterday in moderate trading. The Hang Seng Index, the market's key indicator of blue chips, fell 85.07 points, closing at 2,954.93. Turnover amounted to HK$ 1.074 billion, up from Tuesday's $718 million. Brokers
      AP,; Reuter  -  2,331 words
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  • REGIONAL STOCK MARKETS
    • Australian market turns sharply weaker
      • Article
        AUSTRALIA
        1117 23 THE Australian sharemarket closed sharply weaker yesterday mainly due to the plunge in Tokyo, brokers said. The Australian market had held up reasonably well in the morning despite sharp falls in New York and London on fears the Gulf crisis will escalate. Tuesday's Australian federal budget benefited the oil
        1,117 words
      • Article
        MANILA
        502 23 PHILIPPINE share prices plunged seven per cent yesterday in nervous trading after bombs exploded near the Manila Stock Exchange the night before, brokers said. The Manila Composite Index dived 55.06 points from Tuesday's close to end at 732.07. It was the second biggest single-day drop this year, after a
        502 words
      • Article
        TAIPEI
        336 23 TAIWANESE stocks yesterday closed at another record low since April 6, 1988 although late institutional buying helped the index recoup some early losses, dealers said. The Weighted Index fell 142.97 points, or four per cent, to finish at 3,506.80 compared with Tuesday's 3,649.77 close. Turnover fell to $25.6 billion
        336 words
      • Article
        BANGKOK
        676 23 BANGKOK stocks tumbled across the board yesterday in reaction to the prolonged Gulf crisis and setbacks in New York, Tokyo and other major markets, brokers said. The SET Index fell 74.93 points, or 8.6 per cent, to close at a five-month low of 795.40. Volume was a low 2.04
        676 words
      • Article
        NEW ZEALAND
        338 23 NEW ZEALAND shares ended at their lowest level in almost five years yesterday in reaction to Wall Street's 52.48point fall as concern about the Gulf crisis deepened. The unofficial Barclays Index Estimate ended at 1,624.80, down 19.35, dipping below its post crash low of 1,625.77 set on Feb
        338 words
      • Article
        SEOUL
        750 23 SEOUL stocks dipped ominously toward 600 in moderate trade yesterday as buying by the Stock Stabilisation Fund failed to buoy heavy selling pressure fueled by unsettled margin accounts, brokers said. The Composite Stock Index endtd 3.31 points lower at 607.16, after haviag been down nearly 10 points earlier in
        750 words
      • Article
        JAKARTA
        609 23 TURNOVER on the Jakarta stock exchange plunged to 1.25 million shares yesterday from Tuesday's 1.85 million and the index fell to 573.30 from the officially revised 577.48. Mineral water producer Aqua Golden Mississipi was the most traded on the big board, which trades lots of over 10,000 shares, with
        609 words
      • Article
        BOMBAY
        43 23 BOMBAY share prices rose sharply on Tuesday after the government ruled out an increase in the prices of petrofctim products, brokers said. The Stock Exchange index shot up 37.10 points to a record 1,134.03 and the National Index rose 13.87 to 581.99.
        43 words
      • Article
        Untitled
        434 23 CImc Prcviow Aaf 22 SYDNEY All Ordinaries Index 1,529.2 1551.7 -23.7 All Industrials Index 2,256.6 2307.1 >50.5 1 All Resources Index 959.7 962.5 -2.8 Turnover (million) 114.95 96 +18.95 BANflKOfl SET Index 795.40 871.38 -74.93 Turnover (nearest *000) 2.04 NA JAKARTA Composite Index 573.30 577.48 -4.18 Turnover (nearest *000) 1.25
        434 words
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  • WORLD STOCK MARKETS
    • Share prices tumble on Wall Street
      • Article, Illustration
        NEW YORK
        912 24 SHARE PRICES tumbled in Nov York on Tuesday in the wake of similar selloffs in Europe and amid fears of a worsening situation in the Gulf. The Dow Jones Average of 30 leading industrials was off by as much as 80 points, but stabilised in late trading to
        912 words
      • Article, Illustration
        LONDON
        827 24 ANXIETY over the Gulf crisis drove .share prices down again on the London :'Stock Exchange on Tuesday. <•> Sharp early falls on Wall Street hit the London market late in the day after jittery trading, hurt by unfounded rumors that a US jet had been shot down over Iraq.
        827 words
      • Article
        AMSTERDAM
        250 24 DUTCH SHARES were higher at midsession yesterday after an erratic start, but the recovery was not strong enough to make good Tuesday's fall of 3.2 per cent. At 1130 GMT the CBS All-Share trend index was up 1.2 points at 100.2, just a fraction higher than on the index's
        250 words
      • Article
        BRUSSELS
        177 24 BELGIAN shares opened one per cent down yesterday but soon began to recover in active trading as bargain-hunt-ing emerged in the absence of fresh developments in the Gulf, dealers said. "Some operators are saying that even if war does break out, most of the losses that could be expected
        177 words
      • Article
        FRANKFURT
        354 24 WEST GERMAN share prices reversed early losses in the course of the session yesterday, as some small buy orders came into the market, sparking a glimmer of optimism that the worst losses may now be over. The 30-share DAX index rose 18.04 points above Tuesday's close to 1,568.00 by
        354 words
      • Article
        MILAN
        247 24 MOVES by the Milan bourse authorities to put a temporary halt to shortselling helped steady overall prices in opening trades yesterday, although the market remains highly nervous, brokers said. Short-selling has been blamed for fuelling the plunge in share prices since the Gulf crisis erupted and the move by
        247 words
      • Article
        JOHANNESBURG
        456 24 JOHANNESBURG gold shares were easier but off their early lows at midday yesterday, continuing to move in line with fluctuations in world bullion prices which edged back to around US$4lO an ounce after slipping overnight. A further sharp decline in the financial rand on negative foreign investor sentiment amid
        456 words
      • Article
        PARIS
        126 24 FRENCH share prices are likely to continue their recent fall, despite having undergone a sharper correction in response to the Gulf crisis than most stock markets, dealers said yesterday. The CAC-40 August futures contract was quoted at an arty 1,500/1,550 after finishing on Tuesday at 1,532.00. The CAC-40 Index
        126 words
      • Article
        ZURICH
        430 24 SWISS SHARES staged a technical recovery yesterday to trade around Tuesday's levels at midday, led by industrial shares. But traders remained sceptical about the near future and said they were not sure this constituted a turnround. The All-Share SPI index stood at 1,005.5 points, 2.7 points under its previous
        430 words
      • Article
        Untitled
        257 24 Aug 21 Close Prrrious NEW YORK Dow Jones 2603.96 2656.44 -52.48 NYSE Financial 124.11 126.64 -2.53 SAP 500 321.86 328.51 -6.65 Turnover (million) 194.63 129.63 65 LONDON Financial Tiroes 30 1615.70 1,659.5 -43.80 FTSE 100 2108.10 2,156.6 -48.50 Turnover (million) 412.4 350.6 61.8 AMSTERDAM CBS General 180.10 183.80 1 -3.70
        257 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ firms against yen but softens against other currencies
      1262 25 FOREX MARKET REPORTS THE US dollar yesterday ended firmer against the yen, but softer against other currencies after trading dominated by cross trading against the yen. "Dollaryen trading wasn't very active. Instead, the yen was sold for European currencies," said Shigeto
      1,262 words
    • Article
      INTERBANK FOREX RATES
      391 25 Cross rates au»22 USS SS MS Dm Yen SFr AS NZS USS 1.7870 2.6965 1.5625 146.60 0.5218 1.2875 1.2240 1.6013 SS 0.55% 1.5090 0.8744 0.8204 0.2920 0.7205 0.6849 0.8961 MS 0.3709 66.27 0.5795 0.5437 0.1935 0.4775 0.4539 0.5938 Dm 0.6400 1.1437 1.7258 93.82 0.3339 0.8240 0.7834 1.0248
      391 words
    • Article
      MONEY MARKET
      564 25 Interbank rates S$ Bid Ofer Overnight 6 1/2 6 5/8 t-month 6 3/4 6 7/8 2-month 6 13/16 6 15/16 3-month 6 13/16 6 15/16 Overnight mode: 6-3/4 L'St Bid Offer 7 days 8 1/16 8 3/16 1 month 8 1/16 8 3/16 2 months 8 1/8 8
      564 words
    • Article
      FINANCIAL FUTURES
      1561 25 SIMEX EWOOOLUUI Open High Low Sett Est Voi Op/lnt Vol Sep 90 91.86 9T90 9U16 9L88 2200 ***** TmO Dec 90 91.90 91.90 91.87 9189 I3S00 ***** ***** Mar 91 91.83 91.83 91.80 91.83 2330 S8I8 1704 Jun 91 91.64 91.65 91.61 91.64 630 1663 343 Sep 91
      1,561 words
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  • COMMODITIES
    • Article
      Lock icon Malaysia set to hit record high in tin consumption
      342 26 MBT MALAYSIA'S consumption of tin is on the way to a record high this year, reflecting to some extent the continued expansion of tinbased activities, including solder and pewter manufacturing. Latest statistics compiled by Malaysia Smelting Corp, one of the country's
      MBT  -  342 words
    • Article
      Lock icon Crude oil rally likely to benefit larger companies
      365 26 Reuter THE three-week rally in crude oil prices spurred by the Iraqi invasion of Kuwait is likely to provide plenty of profits for larger, integrated oil companies, but could dampen prospects for straight refining firms, US oil analysts said. "Even if we
      Reuter  -  365 words
    • Article
      Tin sheds another 9 sen on continued selling
      802 26 REPORTS THE tin price eased further on the Kuala Lumpur Tin Market, shedding another nine sen to M$ 15.81 per kg on continued merchant selling. Traders said consumers were staying by the sidelines, adopting a-wait-and-see attitude, in the asbence of fresh encouraging
      802 words
  • Article
    PRICES
    1341 26 Rubber Am 22 ■OS(t*hHw) Soents/kt Noon Close Int I RSS Prompt 162.7V163.75N I6300/*****N Int 1 RSS Sep 90 I62.7V163.25 163.00/163.50N Int I RSS Oct 163.OCV163.SO 163 25/I63.75N Int 2 RSS OP I58.00/I60.00N I58.25/160.25N Int 3 RSS OP 153.50/I55.50N 153.7VI55.75N Int 4 RSS OP 149 50/151.50N I49.7V151.75N Int S RSS
    1,341 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      411 26 NOTICES IN TEE MATTES OF THE COMPANIES ACT, CAP. M AND WAN POOK KONG PROPERTY CONSULTANTS PTE. LID. mMI.Hie) NOTICE IS HEREBY OIVEN In pursuant to Section 306 of the Companies Act, Cap. 50 that a final general.meeting of the abovenamed company will be held at 2 Flnalyson Green #10-06,
      411 words
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      Page 26 Advertisements Column 2
      458 26 In the Matter of the Companies Act, Cap. 90 and In the ttattar of PRIDE IN LEASING EQUIPMENT PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary Qanaral Meeting ot the members of PWDE IN LEASING EQUIPMENT PTE LTD duly held and convened at 36, Phillip Street #02-00,
      458 words
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      Page 26 Advertisements Column 3
      15 26 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
      1039 27 Ctty FlgM ETA FNgM CIO AfeaMaM GA887 1225 KL840 2115 GA975 1300 GA894 2350 KLB39 1415 MataMa Qf81 1950 Qf82 2200 ***** 2015 "Hi itll illll SQ23 0720 GA975 1300 SQ24 2200 KL839 1415 GA894 2350 Mmm 0A472 0050 flaffcliarf BAl 1 1455 SQ325 2045 QF5
      1,039 words
    • Article, Illustration
      The beauty of a frosted wilderness
      839 27  -  LETTER FROM BAFFIN ISLAND By Michael J Woods THE WALK back from the iceberg, which now gleamed like a huge, newlyerupted canine tooth in the distance, was hardly any easier than the journey out. Snow lay in thick drifts covering the jumbled ice slabs
      839 words
    • Article
      MONEY CHANGER RATES
      152 27 As it 3pn yesterday: Local lolhn to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4570 1.4770 Canadian dollar 1.5530 1.5730 NZ dollar 1.100 1.1400 Sterling pound 3.410 3.440 US dollar 1.7880 1.7930 Local dollars to 100 wits of fbreigB currency Austrian schilling 16.00 17.00
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      110 27 Duration Title Venue Organiser Td Duration Title Venue Offantaer «i Aug 24 Taxation of Non- India Asian Pacific Tax *****40 Sep 15-18 International Paris Semaine 1/*****569**'^ Residents Invest- A Investment Leather Week Internationale ments in India Research Centre Du Cuir Aug 27 Taxation of CHI India Asian
      110 words
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      Page 27 Advertisements Column 1
      39 27 yTT V'? > A f I lif f f 1 I hiir-J-iv s.uimln VKlV.'nln 1 I I I 1 r —W \irport i( !> hour* ind .irriv R lntcriutitin.il Xirpnrt the tulltiu tl.v (S) lii: I I" A \CV Air Canada
      39 words
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      Page 27 Advertisements Column 2
      83 27 FOR BITS AND BYTES^ Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
      83 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      169 27 26 fjyf) f the Cenlury? 6 Air of artist crowned with 24 Pen-rack? (4) 27 oleander grew with laurel Dead spirit to rap (4) (7) 7 Resolute sewing method, 28 Language someday to be Amencan nove, s t YESTERDAY'S SOLUTIOH translated (7) 8 Anguish of fellows in the laIoIqIrIaIYI i
      169 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      203 27 Singapore Outlook; Fair. Report Max temp. 32.7"C Assoc humidity 58% Min temp. 26.4 X? Assoc humidity 92% Hrs of surahine 9.10 Rainfall in mm Nil Rainfall this mth. 120.4 Rainy days this mth. 7 World forecast Asia-Pacific Hi/Lo* Cowl. Auckland 15/07 Windy Bangkok 33/26 Showers Beijing 31/23 Cloudy Brunei 33/24
      203 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      28 27 I'm PuTtiMG n "fco wwy hooks ITO PC£i.»HO OUT Of SORTS, UNDG.R THG I» ucpflUe* PM4D GGN€RP>U.V RUN D00N... If I I f==n CEVEMNO STAMOAftO CO LTD.. IMI-1M
      28 words
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  • Article
    N Semiconductor to shut down two US-based product lines
    404 28  -  By John Tan AMERICAN chip maker National Semiconductor (NS) announced on Tuesday that it will shut down its facilities in Washington and Arizona and reduce its worldwide work force by 2,000 workers. The move, however, will not affect the Singapore operations.
    404 words
  • Article
    Lock icon Malaysian government sees benefits for Johor from growth triangle concept
    465 28 Bernama THE MALAYSIAN government supports the economic growth triangle concept because it would lead towards the growth of Johor, the Malaysian Foreign Ministry's secretary general, Datuk Ahmad Kamil Jaafar, said yesterday. "That is why the federal government has formed a
    Bernama  -  465 words
  • Article
    Lock icon Fed probably put off rate cuts: experts
    277 28 Agencies US FEDERAL RESERVE policymakers probably decided on Tuesday that recession is the lesser of two evils and put off lowering interest rates until inflation fears subside, say American economists. Most economists believe that the Fed at its meeting on Tuesday chose to
    Agencies  -  277 words
  • Article
    Lock icon Bomb hits Manila fast-food restaurant
    129 28 AP A BOMB shattered windows of a McDonald's restaurant in Manila early yesterday and a senator said rebel soldiers plan to kill congressional leaders and Cabinet members. President Corazon Aquino said the bombing, one of three that rocked the capital since late Tuesday, were meant
    AP  -  129 words
  • Article, Illustration
    Legal insurance plan deserves a chance
    736 28  -  The Bottom Line DAVID GABRIEL DAVID GABRIEL The writer is a senior correspondent with BT THE LAW SOCIETY Professional Indemnity Insurance Scheme, designed to protect the public from the financial consequences of negligent and bad legal advice, has been a long time in coming.
    736 words
  • Article
    CMB hit by keen competition and high costs
    276 28 FIERCE COMPETITION and high operating costs are hurting CMB Packaging Singapore, said the company's managing director, Lim Hong Keat. Speaking at the company's union house opening ceremony yesterday, Mr Lim said the company's sales for the past few months had been "consistently
    276 words
  • Article
    Lock icon Bonn wants unification by start of October
    172 28 Reuter WEST GERMANY said ye* terday that it wanted to bring unity with the East forward to the start of October, a date which may end weeks of bickering on when to merge. "The government finds any date soon after October 2 appropriate,"
    Reuter  -  172 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      96 28 PlygeT JOAILUER EN HORIOGERIE DEPUISIB74 GENEVE .I The choice of showbiz stars. Richard Gere in "Pretty Woman" wears Cerruti. (3ERRUTIIBBIITUM39 MEN'S BOUTIQUES 83UQITUOa BVI3M #01 -1S The Paragon, Orchard Road Tel: 235 9655 #02-54/60 Wisma Atria, Orchard Road Tel: 734 #01-45 Forum Gallena, Orchard Road Tel: 7^*1882 LADIES' BOUTIQUE HUQITUOH
      96 words
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      Page 28 Advertisements Column 2
      152 28 PiageT JOAILLIER EN HORIQGERIE DEPUIS ISM gen Eve INSTITUTE OF m Office Management I I September 20 21,1990 I I Fee: SS3BO SIM members/Ss46o non-members I I Objectives: This seminar aims to help participants: understand the role and importance of the I office manage information and information technology effectively increase
      152 words
Page thumbnail Page 29
  • Shipping Times
    • Article, Illustration
      Air-cargo carriers may enjoy indirect benefits
      358 29  -  The Gulf Crisis By Rahita Elias CARGO TRAFFIC through Changi Airport, which grew by only 6.2 per cent in July after shooting up by 12.2 per cent in June, may benefit from shipments diverted from Dubai because of the Gulf crisis. According to Wee
      358 words
    • Article
      Lock icon TWA to raise US fares on Aug 30
      340 29 Reuter TRANS WORLD Airlines Inc plans to raise US domestic fares by 5.3 per cent on Aug 30, one week after most of the major US airlines have planned to put the increases into effect. The increase is related to a sharp
      Reuter  -  340 words
    • Article
      Lock icon Japan issues tough guidelines on antifoulings
      483 29 Lloyd's List JAPAN has introduced tough new guidelines on the use by local shipyards of tin-contain-ing antifoulings, in a move that will reduce shipowners' drydocking options in the Far East. Shipowners from now on may have to use underwater paints that do not contain
      Lloyd's List  -  483 words
    • Article
      Lock icon British Airways wants to raise UK airfares by 6pc
      117 29 Reuter BRITISH AIRWAYS pic has applied to the Civil Aviation Authority (CAA) to raise its UK domestic air fares by 6 per cent from Sep 15. BA said in a statement that it has already announced a 6 per cent rise
      Reuter  -  117 words
    • Article
      Lock icon Slowdown, disputes hit Mayne Nickless profit
      193 29 Reuter AUSTRALIAN transport group Mayne Nickless, which yesterday reported a 5.1 per cent rise in its 1989/90 net profit, said tight trading conditions and industrial disputes had "created the most difficult period experienced by the Australian transport industry in years". Land transport disputes and
      Reuter  -  193 words
    • Article
      Lock icon Tiphook chairman gets £532,000 salary
      128 29 FT ROBERT MONTAGUE, founder and executive chairman of UK container rental company Tiphook, enjoyed a 44 per cent increase in his salary last year from £370,000 to £532,000. Mr Montague, who founded the company 12 years ago, is also one of its largest shareholders with
      FT  -  128 words
    • Article
      S'pore port to get radarbased traffic system
      319 29  -  By Selva Kumar MARINE TRAFFIC safety in the Singapore Strait will receive a boost when a computerised radar-based system is fully implemented at the port next month. This is Phase One of the Vessel Traffic Information System (VTIS), which is a key component
      319 words
    • Article
      Indon customs inspection move worries businessmen
      281 29 INDONESIAN businessmen are worried about the government phasing out the inspection of imports by Switzerland's Societe Generale de Surveillance (SGS) by May next year. The government has confirmed that the customs and excise department will resume customs inspection, a function which it lost in
      281 words
    • NEWS SUMMARY
      • Article
        UASC to shift head office to Dubai
        97 29 UNITED Arab Shipping Co (UASC) will transfer its head office from Kuwait to Dubai due to Iraq's invasion of the oil-rich emirate. Summit Shipping Agencies of Tokyo said the board of directors of the United Arab Emirates-owned firm also decided to assume the
        97 words
      • Article
        The Dirty Harry of Japanese shipping
        33 29 BLUNT, outspoken, forceful, at ease in the West, NYK senior managing director Hiroshi Takahashi nevertheless has his roots deep in traditional Japanese culture and beliefs. Page 2
        33 words
      • Article
        THAI's wilting image
        16 29 THAILAND'S flag carrier, Thai Airways International, finds itself beset with problems Back Page
        16 words
      • Article
        Ericsson's first-half profits soon rising
        35 29 SWEDISH telecommunications firm Ericsson's first half 1990 profits, due out today, are likely to be between 50 per cent and 63 per cent higher than a year earlier. Back Page
        35 words
    • LOG BOOK
      • Article
        GE Aircraft Engines gets US$130m orders
        89 30 GE AIRCRAFT Engines has received two orders for its CF6-80C2 high bypass turbofan engines with a potential value of US$l3O million. The company said the Olympic Airways of Greece will use the engines to power at least two and possibly four Airbus Industrie A3OO-600Rs
        89 words
      • Article
        Shippers' Council tea talk
        80 30 THE Singapore National Shippers' Council will hold its second tea-cum-talk for 1990 today at 3 pm at the Ming Crystal Ballroom, second level, Ming Court Hotel. This is the second in a series of three such talks. The speech, to be delivered by Jack Tan, regional
        80 words
      • Article
        Korea-Japan cruises popular
        84 30 CRUISE SERVICES between Korea and Japan are booming- According to the latest KMPA statistics, the number of passengers carried increased by 16 per cent over the corresponding period in 1989. In addition to the existing PusanShimonoseki and Pusan-Osaka routes, the Jeju-Nagasaki and Yosu-Hakata routes were added in
        84 words
      • Article
        SNC defers fund-raising plans
        105 30 SINCERE Navigation Corporation (SNC) has put on hold its plans to raise equity on the Taipei Stock Exchange after the latter's plunge due to uncertainty in the Gulf. The company plans to increase its share capital by 30 per cent this year via a new share
        105 words
      • Article
        Continue dredging, orders Iraq
        92 30 IRAQ has ordered a Belgo-Dutch consortium to continue dredging the port of Umm Qasr, near the border with Kuwait, after the companies suggested it might be best to stop. Belgian news agency Belga said the works, led by Dredging International, Koninklijke Boskalis Westminster NV and Volker
        92 words
      • Article
        Taiwan's CPC orders two tankers
        59 30 STATE-OWNED Chinese Petroleum Corp of Taiwan has signed a contract with state-owned China Shipbuilding Corp to build two 152,650-dwt tankers. A CPC official said the tankers, to be delivered between August and October 1992, will help CPC boost carrying capacity of oil imports into Taiwan.
        59 words
    • Article, Illustration
      Lock icon Western-oriented, Eastern-rooted maverick
      1405 30 Blunt, outspoken, forceful, at ease in the West, NYK senior managing director Hiroshi Takahashi nevertheless has his roots deep in traditional Japanese culture and beliefs Seatrade Business Review THERE IS an unmistakable sense of the daredevil about Hiroshi Takahashi, the senior managing director of Nippon Yusen Kaisha.
      Seatrade Business Review  -  1,405 words
    • Article
      COCKETT BUNKER MARKET REPORT
      911 30 THIS twice weekly report, compiled by Cockett Manne Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      911 words
    • Article
      THE SHIPPING GUIDE
      12569 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,569 words
    • Article
      SHIPPING AGENTS
      3388 43 -A.BC Containeriine NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ud (S) Ahrenkiel liner Service: Kim Shpg Trdg
      3,388 words
    • Article
      COURIER SERVICES
      247 43 Abacas Cowners Tel: 545-8011, 448-6415. Air Express Service Td: 533-5771. Fax: *****44 Ai■ ti i r—i-L. t <|~ Allumk rretgni i orpomi»o*i Td: 542-8844. Fax: *****16, *****80. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak International Td: 344-3377. Fax: *****50. Charter Liak Supplies A Services Td:
      247 words
    • Article
      AIR FORWARDERS
      1491 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542- 7 822. Fax: *****20. Aerodak Freight lateraatioaal Td: 545-8033. Fax: *****05. Td:°s42-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express lateraatioaal Td: 542-7666. Fax: *****74, *****50. Air
      1,491 words
    • Article
      PORT CONDITIONS
      2367 44 Baeaos 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. San Lorenzo: Busy; 6 vessels in port of which 3 loading pelletised meal, 2 grain,
      2,367 words
    • Article
      SHIP SALES & TANKER RATES
      561 44 SHIP SALES TANKER RATES SINGAPORE interests paid around US$l.4 million for the Blankenburg, shelterdecker of 10,080 dwt and built in 1967, said shipbrokers in London. The identity of the buyer was not revealed. Brokers say the price paid for the three VLCCs Rosebay, Primrose and World Dignity was about US$lO5
      561 words
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      AIR FREIGHT SCHEDULE
      507 44 ARRIVALS Op Flitht Type ETA Frw TODAY KAL KE697 B747F 0155 SEL NCA KZ203 B747F 1935 NRT FDX FM75 B747F 2130 JFK/IND/ANC/ NRT/TPE KAL KE685 A30F 2340 SEL/MNL TOMORROW JAL JL6I5 B747F 0340 NRT NWA NW901 B747F 1740 ORD/SEA/ ANC/NRT SIA SQ/BA821 B747F 1750 LHR/DXB RJA RJ028
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      CRUISE & FERRY SCHEDULES
      346 44 CRUISE FERRY SCHEDULES Ait I*p Name rf Vessel ETA ETD Port Age* Pom of Cdb AUGUST 28 29 Andaman Princess 0800 1700 Andaman Cruise Cruise to nowhere 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to nowhere SEPTEMBER 01 01 Andaman Princess 1300 2300 Andaman Cruise Cruise to nowhere
      346 words
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      DAILY FREIGHTS
      962 45 CHARTERING on the freight market was largely subdued on Tuesday but a few mote grain fixings were seen from the US Gulf, brokers said. The Baltic Freight Index was unchanged today at 1,222. Among the grain fixtures was a 25,000 long ton grain shipment to Yugoslavia at US$
      962 words
    • Article
      AT CONVENTIONAL WHARVES
      542 45 twwl »rWi Mi OwW OqwrW Ntfay Nm 25WB K29 «»<ak 24.08/2300 %a* Nito 13/90* C09 itorpli 22.08/2200 Onp in 22/01 K36 24 08/0900 Kola Dm E«4 K31 Amp* 2408/0600 0M* 17EB K34 *»fscte 22.08/1300 Sari TM Ft 043 K15 Jton*sde 22.08/2200 Sortwn Q UE/90 K18 Awpdt 23.08/1500
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      CONTAINER SCHEDULE
      1053 45 RECEIVING OF EXPORT FCt CONTAINERS AND LCL CARGO -i <■* i Ktcorfl aooMt Monet mo 9# Way No NM Fran To Fran f of DbcU Spaco Ao Oaey 28 1 22/1500 22/1659 22/1900 2 22/1700 23/0659 23/0900 3 23/0700 23/1159 23/1400 An Chun S102 3 23/0700 23/1159 23/1400
      1,053 words
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      IN MALAYSIAN PORTS
      322 45 Put IB—g South Port on tag 22: Ocean Breeze berth 1; Posu berth 2; Atom Tabah berth 3; Pac: Samudra berth 4; Mercury Jade berth 7; Seng Leonf berth 7A. KCT: Ocean Crown berth 8; Star Langanger berth 9; Ned: Houtman berth 10. Nrti Port Sunny Venture
      322 words
    • Article, Illustration
      Lock icon THAI struggles to restore its reputation
      620 46 AFP THAILAND'S flag carrier, Thai Airways International (THAI), once rated as one of the world's best airlines, finds itself beset with problems. The orchid, the airline's symbol which graces the tail of every plane, is beginning to look decidely wilted as flight delays, disgruntled
      AFP  -  620 words
    • Article
      Lock icon Ericsson's first-half profits seen rising 50-63pc
      188 46 Reuter SWEDISH telecommunications firm Ericsson's first half 1990 profits, due out today, are likely to be between 50 per cent and 63 per cent higher than a year earlier, analysts estimate. Analysts saw Ericsson's January-June profits before appropriations and taxes rising to between 2.50
      Reuter  -  188 words
    • Article
      Lock icon Pakhoed sees Furness bid as leap for growth
      292 46 Reuter PAKHOED Holding sees its planned 160 million guilder bid for Dutch cargo handling company Furness as better than making a series of smaller buys in the transport sector. "Its a matter of opportunity," the transport and storage group's chairman Hubert Crijns
      Reuter  -  292 words
    • Article
      Lock icon Lower Nedlloyd net profits likely
      233 46 Reuter SHIPPING and transport company Nedlloyd is expected to report first half 1990 net profits today of 40 million to 50 million guilders excluding extraordinary items, down from SO.S million a year ago, analysts said. The weak dollar, overcapacity in the shipping market, and rising
      Reuter  -  233 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      255 29 BSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14. SI>ORE 2263 FAX: 861-2946 TEL: 861-5856 (5 LINES) TLX: RS ***** SHMCPL S<*Ag»ft Of A Also buy, sell rental repair SEND A COUNIRY REPORT Mow and then, you send perform- ance reports to your head office or WEEKtfVvEKSEAS EDTIION
      255 words
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      Page 29 Advertisements Column 2
      52 29 A* Forwarder* 15 A* Froght Schedule 16 Coctett Report 2 Container Schedule 17 Courier Serwce 15 Cruse I Ferry schedules 16 CMy Fre#te 17 Index to Advertisers 3 Port Contains 16 Shppng Agents 15 Shppng Gudt 10,11 Shpsaies/Tanker Rates 16 Shps m Port 17 Singapore Tiles 17 Weather and Sea
      52 words
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      Page 30 Advertisements Column 1
      205 30 NOTICES FAR EASTERN FREIGHT CONFERENCE NOTICE TO SHIPPERS TERMINAL HANDLING CHARGES Member Lines wish to advise that increases in terminal cost have occured since the current levels were fixed and adjustments are now required in the following areas effective from 1.10.90. Effective Current 1.10.90 20' 40' 20' 40' Gothenburg Skr
      205 words
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      Page 30 Advertisements Column 2
      83 30 r IIM 1 DWCC VESSEL Prompt ttlllftg for Emrapeaa/MM-Eaat parte ilreetUa. A*y eargi even claw I cm c—Mar. Pis call *****7 or Fax *****83. M.V. "SUNNY VENTURE" voy. m AMU) SNOAPOU 11XM Consignees of all damaged cargoes ex the captioned vessel Is hereby noUfled that a Oeneral Survey will be
      83 words
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      Page 31 Advertisements Column 1
      2057 31 mrnrnm JARDINE SNIPPING AGENCIES %«I|V# 200 Cantonment Road #12-05 South point, Singapore 0208 All WWW T«j *****11 TELEX NO RS HTCTRmvi terminal/cfs t* *****1s 220 PBMMI BOOKINGS Tel *****34 235 L \COOf J PESAKA JARDINE SHIPPING AGENCIES SON BHD. PORT KELANG TEL *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX
      2,057 words
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      Page 31 Advertisements Column 2
      991 31 INDEX TOfIDVERTISERS MISC" 14 1-3 M'sia Shpg Coq> 9 1/2 Mendelssohn 4 4/5 f BC £"L U,nCTi,ne >2 Mercury Line 12 2 Accord Shpg 8 1-3 O mOL 18 4/5 Se Air |J J wMOSK (Forest) 5 5 APCUne 14 4 Mutiara Samudra 18 I I Arrow Lines 9 5
      991 words
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      Page 31 Advertisements Column 3
      2149 31 p———————■—^^ Vassal Voy ETA I ETD 'Port "Penang DESTINATIONS Singapore Keiang TNa «Mft Mafaauc M 9004 Closing Tima Feeder fry I^2E22EnBE3E36EZXI2E3SEEEH^3OB^2^2 CV 0400 MRS M Farce 1 CFS 27/8 FX# HRS M Teuro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MOW TOR MAJESTIC M 9004 28/8 29/8
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      Page 32 Advertisements Column 1
      1022 32 1 n ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE OSAKA BAY 96/588 23/8 17/9 11/9 14/9 I(V9 1M LONDON EXPRESS 13/503 27/8 13/9 15/9 18/9 LA PEROUSE 01/548 27/8 20/9 15/9 17/9 MONTE ROSA 09/502 30/8 24/9 18/9 20/9 17/9 23/9 HONG KONG EXPRESS
      1,022 words
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      Page 32 Advertisements Column 2
      521 32 PIRKT SOUTH pacific SERVICE^ I SLA FLORtANA 30/8 14« 19/9 ALSO ACCEPT IN6 CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA I NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 30/8 3/10 4/10 8/10 Alio accapting Cargo to Callao (Paru) via Valpa Aflenlß; SINGAPORE: *****56 VS. JAYA: 03-*****15
      521 words
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      Page 32 Advertisements Column 3
      1434 32 Klgoaflsia &xas Bmß regular independent full container service w£SY66Uk& Mrt EUhdPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA Xlin ROT) HAM) NORASIA SUN 5025-3 24/08 11/09 1609 19/09 21/09 24/09 23/09 2509 26/09 NORASIA PEARL 9026-3 3106 21/09 23/09 2*09 2809 OLIO 01 10
      1,434 words
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      Page 33 Advertisements Column 1
      1608 33 Maritime Holdings Ltd W* P&O I MTstraits shipping! Containers gjg a™ to, No IP Kbni S par* kton H'bur| B'hawn (Tdwn LA ACCEPTS DUE SAILS OSAKA BAY tvw HOX2<V« 23« 17« llffl IMB 1009 IMB CARGO LONOON EXPRESS 13,503 LAN 22U 21 fX IMB IMB 1/09 STRAITS VENTURE VlKMujfa.Lak.KK In
      1,608 words
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      Page 33 Advertisements Column 2
      1612 33 TQ; EVRQPE TO: FAR EAST SP LN ROM HAM B'HVN FIX SPOKE HK KAO KOB BU HANJIN HAMBURG 002W 21/1 13/9 14/9 15/9 17/9 11/9 HANJIN LEHARVE OOtt 27/1 30/1 31/1 3/9 t/9 HANJIN ROTTERDAM 010W 1/9 19/9 20/9 21/9 23/9 24/9 HANJIN FELIXSTOWE QO3E 3/9 t/9 7/9 lOfl 13/1
      1,612 words
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      Page 33 Advertisements Column 3
      21 33 S'PORE LOAOMQ FOR MORA 2SS/S0 PHNOMPENH/KOMPONGSOM NMA 3/S/SO HOCHIMMH/VUNGT AU SELM SHIPPING TRADING PTE LTD TEL: *****73 TLX: RS2S2B7 FAX: 2248*46
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      Page 33 Advertisements Column 4
      382 33 W//AiHfEffff!WFWKT^MH7HTWfr 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 Kit 26/8 29/8 7/9 P. Kelang 28/8 29/8 10/9 Penang Hong Kong Yokohama 22/9 18/9 27/9 Nagoya 20/9 16/9 2S/9 Osaka 14/9 Senboku 18/9
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      567 34 CR NBR **********0-D EXPRESS SEMI-CONTAINERSNIP SERVICE VSL/VOY SPORE "'DAM/ H'BOUC BREMEN ANTWERP ADAM •KUTAI/20WB 23-2W 23fl 20/0 2110 5/10 4IATARAM/27W8 22-20/0 22/10 »10 20(10 Ml MISTRA 0-11/10 Wll 10/11 13/11 17/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO A6|kl Id tauunwnt Ako anptog cargo to CiMlitanra, 4»ort Said, Port Alwndrta, Ganoa,
      567 words
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      Page 34 Advertisements Column 2
      995 34 fih HANJIN SHIPPING FULL CONTAINER SERVICE HANJIN HAMBURG «2W IJT 9" Sf* ST ST SuVRE 0« \W HANJIN ROTTERDAM 010W 1/9 19/9 2«9 21/9 23/0 24fl HANJIN FELIXSTOWE OB3E 3fl H POMANG MM Wt 3*9 CHOYANC CHANCE 049W 9/0 27/9 20/9 29/9 1/10 210 CHOYANG PARK SW 10/9 H CHEJO
      995 words
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      Page 34 Advertisements Column 3
      1177 34 f i -j j IPKL SCPHKC KSCKLC PUS HKT OSK SMZTTO LAX CMS OALNYC LNV ANW ROM FLXNK NT I I GUARD RE 400 !M DA 4/1 *1 7/1 10/1 12/1 14/1 I*l 17/1 20fl I*lo 12/10 13/10 22/ M 23/1# 24/10 20/10 17/11 I GIANT RE-040 1/1— M 7/1
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      Page 35 Advertisements Column 1
      1767 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K L (03) *****33, P.KeUng-(03) *****87, Penang-(04)
      1,767 words
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      Page 35 Advertisements Column 2
      1066 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ 3219 a DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND WTAg ISWB I twow w>T*g von mum, mm m«> THJUOT nm unwaf il www mm
      1,066 words
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      Page 36 Advertisements Column 1
      1244 36 /\v V W W ▼W 1 AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR N«: **********QH) V\ l\t W V IVI TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 YJ V I J I 1 MALAYSIA: HARPER WIRA SON BHD Ma JwLmJf ML JL JB—IB TEL PJ *****22 PK *****01/5 PENANG *****5 JB
      1,244 words
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      Page 36 Advertisements Column 2
      1006 36 PHILI-ORIENT LINES PTE LTD M 1 (The Complete NVOCC Package) T 25 AUG MONTREAL OTTAWA, TORONTO, VANCOUVER, S-WESTERN ONTARIO. I CHARLESTON CHICAGO 24 AUG DUBAI, DAMMAN, KUWAIT, DOHA, I LONDON, THUNDER BAY, WINNIPEG, MUSCAT, BAHRAIN, ABU DHABI, I REGINA SASKATOON 28 AUG SHARJAH, JEDDAH I KELOWNA, I VPOMON PPNTIfTON 24
      1,006 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1593 37 Dff PACIFIC INTERNATIONAL LINES (PTE) LTD B a T** p M IHi Pit Quitting, MO Cecil Street HOMO. Singapore 0108. I Jakarta I I Bangkok ufufi VOV SIN JKT SM VESSEL VOY SIN BKK SIN QCLTA MAS IMS 21/1 2S/I M PEGASUS PROGRESS S3IN 2S/I 2M 1/8 QOWA Wl Wl
      1,593 words
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      Page 37 Advertisements Column 2
      1379 37 MYANMA pik FIVE STAR UNE 1 (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KeUng Pan PAGAN VI6OW In tat AVA VIO3W 24-27 AUG MERGIII VIOIW 30*1 SEP MYOMA YWA VI3OM M/ 07 SEP HPA-AN VIS4W 07/ M SEP MINE BANK INK (A MntM of Andrew Wok snipping) \Vr SEMI-CONTAINER
      1,379 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      786 40 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBC RST o. GitoTEwoMi an oft w» hft aft EUROPEAN SEN Wfo37 W K» V» W H. CECIELSKI W 12/9 6/1B 8/10 7fl» 14/10 TOKYO SEN «FM 11/9 11/10 12/10 13/10
      786 words
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      Page 40 Advertisements Column 2
      1102 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 in tmmmim «anct it: FAR EAST PORT KELANG 31/8 A 7/9 MANILA 25/8 1/9 PENANQ 31/8 7/9 BUSAN 26/8 2/9 BANGKOK 26/8 30/8 TOKYO 30/8 6/9 HONG KONG 27/8 1/9 YOKOHAMA 30/8 6/9 KAOHSIUNG 26/8 2/9 KOBE 30/8 6/9 KEELUNG 26/8 2/9 JAKARTA
      1,102 words
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      Page 40 Advertisements Column 3
      330 40 LOADING FOR LOADING FOR BUCNOS AMIS VUOL SPORE CM DM MIRfS MVIOEO HO fll «T fMUA n saiama ii* vi m m vm im— urn Imm *w urn am «uu/u— aru VMNU ■osmmi i7oi aiuw- uiu aiu— wni VTIA DISCHARGING J BRAZIL ONLY SKWf I MM. HK HQ MOAN TOR
      330 words
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      Page 40 Advertisements Column 4
      1256 40 f IS i£. $f CHINA OCEAN SHIPPING COMPANY 2. msmi ROAD, HMC BUILDING TEL: 22*1900 *is-«o, Singapore 0207 FULL CONTAINER LINER SERVICE ma: rs an cosmip CR NO: U*****000M FAX: *****H General ApnttiCOWWIIHWUI IK LTD c»Bit costakli* VtSStL/VOT IMP |ax WT HIM MIT DM VESStUVOT fU WT IWI Mff W
      1,256 words
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      Page 41 Advertisements Column 1
      940 41 Un\ MARINE AGENCIES |S| PTE LTD A TEL: *****33 (12 Llnaa) Zmm FAX: ***** IS/*****03 fti TELEX: R8 ***** RWHIP (3 Linaa) |T<r\ ETHMPMN SHIPPING UB J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL [VOV ETA ILOACHNO FOR WW NETBANET 20WB WO DAAESSALAAM. MOMBASA. OJWOUTI ASSAB- MASSAWA. HOOEIOAH
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      Page 41 Advertisements Column 2
      806 41 l%mA P T MASKAPAI PELAYARAN WpULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE PORTS Of S'PORE, INDONESIA. I MALAYSIA THAILAND I ALSO ACCEPTING La CARGO TO ALL DESTINATIONS. i> WE SERVE FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL: 222Q255 MIBQIMWA MRVICI VSL
      806 words
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      Page 41 Advertisements Column 3
      585 41 BANGKOK CEBU/MANILA ■nil-. tMV UttftAMMK tffMMn I|JAW I MMW I flM|| I MAMtfft j ™r ■I. |v?"lI r MEKHANIK KURAKO 23N Tlw liH to gj» KITI WW Hi «ff Iff V> NAM J A BHUM CH fri MM *m Vfi SD OtICMT a* Iff iff MAHA BHUM# 23N Sun 2»/l
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      Page 41 Advertisements Column 4
      314 41 TO AUSTRALIA/NEW ZEALAND uiKmi aT a* m 5» "5* 5» «55 tvt mot mwi Si w wTS 55 t turns wi in# 5/5 am "55 w amnaai iu 5u lam Si aru 5/u Aha KCftW| cargo ta> AUSTRALIA AMaMa, BrnteM NEW ZEALANO MUnglm. Najiar, Chnrtchurth TO USA/CANADA WL llkwvt I*.
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      Page 42 Advertisements Column 1
      1151 42 ,mAC-NELS SINfiAPORE I wmt TIL mra ITIL aunT] PENANG TEL: (04) *****6 KK TEL: (088) *****0 i 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 U\y JAKARTA TEL:
      1,151 words
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      Page 42 Advertisements Column 2
      511 42 ftefc 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, WELUNGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT PROSPECT m 2 Sap V Sa» VU NPL US*
      511 words
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      Page 42 Advertisements Column 3
      751 42 £m 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 UNES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH wsa E K I iit ma Tm Itn Iwt KIM SOON LI 33/906 25
      751 words
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      Page 42 Advertisements Column 4
      262 42 IRANIAN mVICK I SinfMor* L«*« fcr- I „IRANENSAN 30*/* Banter Attn 1 QiffiHH IX NBT CMST/MEHCMamUH HM If ERSENMM LXMOOMS S.CWU —MM S&ft. 'jijj ssw ?> •> JS Ate kmMh It (Omt Macicaa *aitlwatlaw 4 Maikail. Hu#*o Lire*, Mantarrey, M»«tta«. Taaaka, Guattatan, Maitc® City, Vara Cns md atfcar mper inland
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      Page 44 Advertisements Column 1
      71 44 IpßiEPfr BULK Luhe KKU SIN PKL DESTN YANNIS/***** Sid Sid FLU/ANT/UK/NTS ACROPOLIS/***** Sid Sid Sid FLU/ANT/UK/NTS TBN/***** 28/8 01/9 04/9 FLU/ANT/UK/NTS VESSEL NAME VQY £IA LLB DESTINATION S£AMAR 17/50 25ft 27/1 YANGON (BURMA) MAN MO 1 STO 31/8 YANGON (BURMA) TOMOH SATU 4flo 12/9 14/9 YANGON (BURMA) FOONG SUN SHIPPING
      71 words
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      Page 44 Advertisements Column 2
      110 44 OAKICinCMTI A I lr ...DONT TELL IT TO OTHERS. UUNMUCN I lALK WE PROVIDE IT TO ONLY YOUir (FIXED DATE TRANSIT/WEEKLY SERVICE) CFS 8!U H U |ep HJ FELIXSTOWE 003E 3-Sep 1-Sep 23-Sep 29Sep 30-Sep CY PARK OWE 10-Sep 8-Sep 30-Sep 5-Oct 6-Oct W HJ OAKLAND 009E 17-Sep 15-Sep 7
      110 words
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      Page 44 Advertisements Column 3
      77 44 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S port P Guta* Pw Loadi* For PU JIANG mm- LISHUI mPI HUANCPU QjAMCSHUI In Pt 2W MUANGW/XIAIBVSMANCHAI tfl IS/I HUANGPU OAOONGHAJ hPt MAIMfI JIANCHAN6 —l/l HUARCPVJ/XtNGANGAJtNGDAO SCHINDON TRADE A FREIGHT SERVICES 47 BEACH RO. #Ofr-OC KHENQ CHIU BLOQ. TEL: 33t0074/*****03/3373#17 FAX: 33M64C TLX:
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      Page 44 Advertisements Column 4
      44 44 «T»I: *****27 Fax *****30 Tlx: R8 433*4 METCO CR No: **********0* yiMIl VOY WO. WW MA* CAL TIGER RIVER 125N 27/06 02/09 ILOVIK 103CNB 30/06 06AM ALCOR 126N 01/09 07/09 TIGER CREEK 104CNB 04/09 10/09 TIGER RIVER 127N 09/09 16/09 ILOVIK 105CNB 14/09 21/09
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      409 45 TIDES AND WEATHER today's tines (!*rt« K > HOUt MM 01M B2M 0300 0400 0500 KOO 07M OMO *****0M11M*****3M14M15M1M017M1M019M ZMO 21M 22M 23M It 3.1 3.1 2J 2.3 1.6 10 06 0.4 0.4 0.6 12 1.9 2.5 2.6 2.6 12 1.7 1.1 0.7 0.5 0.6 OJ U 2.1 PP 30
      409 words
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      440 46 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
      440 words
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      Page 46 Advertisements Column 2
      703 46 HYUNDAI MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY IBM OAK SEA HKG SIN LALANOIA 34E 25/00 30/00 11/00 20/01 23/0» 72m HYUNDAI INNOVATOR 33W M/ 07 12/17 15/07 02/00 12/00 HYUNDAI CHALLENGER 3SE 01/tt K/01
      703 words
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