The Business Times, 29 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 Wednesday August 29 1990 75*
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  • NEWS SUMMARY
    • Article
      Saudi Arabia orders 2m gas masks
      71 1 SAUDI ARABIA has ordered more than two million gas masks for people living in heavily populated parts of the country's Eastern province, a senior civil defence official said yesterday. Colonel Mohammed Maghrcbi, civil dcfcnce commander in the province, said the masks would be distributed
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    • Article
      Property market
      26 1 THE RESIDENTIAL market showed signs of levelling off in the first quarter of this year, even as commercial properties registered double-digit growth Page 2
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    • Article
      Bintan venture
      38 1 ASIAN Retorts the new resort development consortium led by the Wah-Chang group is likely to build its first multi-million dollar project on Bintan, an Indonesian island in the Riau Archipelago just south of Singapore Page 2
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    • Article
      Indonesian growth
      30 1 INDONESIA'S economic growth is likely to exceed 6 per cent this year in spite of the government's measures to contract the money supply to curb inflation Page 8
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    • Article
      Defer remittances
      33 1 THE AQUINO government has asked multinational banks in Manila to defer remittances of their profits to their headquarters abroad to stave off any foreign exchange crisis in the country Page 9
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    • Article
      Confidence low
      33 1 AMERICANS, increasingly worried about the economy and pessimistic about the future, are demonstrating the lowest consumer confidence since the US was recovering from recession more than seven years ago Page 10
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    • Article
      West End prices up
      26 1 TICKET prices in London's West End are going up, and it isn't commensurate with the quality of theatrical fare, either Page 17
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    • Article
      Brown & Root
      35 1 Brown Root BROWN Root Inc, which scaled down its oil and gas operations in South-east Asia during the early eighties, is gearing up to re-establish a strong presence in the region. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      50 1 PRICES moved lower in early trading on Wall Street yesterday as traders took profits following two days of sharp advances. The Dow Jones Industrial Average fell 2.47 to 2,609.16 at 10.30 am. Volume on the Big Board came to 17.39 million shares after the first half-hour of trading.
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    • Article
      Footsie up
      44 1 LONDON share prices were higher at midday yesterday, following rallies in overseas stock markets on Monday while London brokers were on a holiday. At 1105 GMT, the Financial Times-Stock Exchange 100-share index was up 38.0 points or 1.8 per cent at 2,124.4.
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    • Article
      Four convicted
      32 1 FOUR TOP British businessmen, accused in court of greed and lust for power, face jail sentences after their convictions for fraud and theft in a multi-million-pound sharebuying scandal Page 6
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    • Article
      Sing dollar gains
      35 1 THE SINGAPORE dollar yesterday touched yet another record high against the US dollar, in the process bringing its total gains since the Iraqi invasion of Kuwait to 2.2 per cent Page 7
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    • Article, Illustration
      STOCK INDICES
      28 1 Tuesday Change BT-MGA 631.06 +8.66 Kuala Lumpur ....534.62 +13.16 Hongkong 3.078.94 +160.93 Tokyo 25,710.76 569.00 Sydney .1491.0 +13.7 Monday Change New York 2,611.63 +78.71 London Closed
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    • Article
      CURRENCIES
      22 1 Exchange rates USS SS 1.7670 Yen SS 1.2339 MS SS0.6570 Money market rates Overnight 4 1/2 2 3-month 6 13/16 uneh
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    • Article
      COMMODITIES
      39 1 London Cold I'M fix US$388.25 -US$22.05 Rubber S pore Sep.... 161 OOVkg -2.50 M'sia Sep M243.50 «/kg -2.00 KL Tin Turnover 90 tonnes +14 Spot M$15.65/kg unch Crude palm oil Turnover 998 lots +316 Sept M$682 /tonne -4
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  • Article, Illustration
    S'pore, Jakarta seal landmark accords
    444 1  -  Countries agree to joint development of Riau and two-way investments By Suzanne Soh CLOSER economic ties between Singapore and Indonesia were forged yesterday with the signing of two landmark bilateral agreements. One agreement is for joint development of Indonesia's Riau province, while the other commits
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  • Article
    Lock icon Iraq makes Kuwait its 19th province
    269 1 The Gulf Crisis Agencies IRAQ redrew the map of occupicd Kuwait yesterday, naming a border strip after President Saddam Hussein in decrccs the emirate's exiled government called "a conspicuous challenge" to the international will. Baghdad also said that its annexation of Kuwait was an
    Agencies  -  269 words
  • Article
    Regional stocks up again
    372 1 Nikkei up §69.0 Hang Seng up 160.93 ST Industrials up 19.18 SIGNS of casing Middle East tension yesterday spurred stocks on Far East markets, and pushed down the value of the US dollar, gold and oil. Share prices rose across Asia, with stockmarkets reacting cheerily to
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  • Article
    Tender information to go online
    295 1  -  By Anne Lee A GOVERNMENT tender scheme involving some 5,000 registered suppliers and a total tender value of $2.55 billion annually is going online. The Government Tender Service, or GTS, will be launched at the end of the year on Teleview, the electronic information and
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  • Article
    Oil at US$28 will pare S'pore growth by 17pc: economist
    288 1  -  By Kenneth James IF CRUDE OIL prices average US$2B a barrel through the rest of this year and the next, Singapore's growth rate will contract by 17 per cent as a direct result, a locallybased oil economist has estimated. Dr
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  • Page 1 Advertisements
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      245 1 I EXECUTIVE I PLACEMENTS g *****62 500 PAINFUL DAYS 12 fcrcraft Schedule 27 Money Changer Rates 27 World Stock Markets 24 Commodtties 26 Money Market 25 World News 10,11 07 n ii Ma~» iif O 0 l rypoc uosswora £f Kcponai news 5,3 Edttorai 12 Regional Stock Markets 23 For
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      Page 1 Advertisements Column 2
      20 1 Opec ready, Pg 11 Course of legal action against Iraq, Pg 14 Still using Suez Canal, Shipping Times Pg 18
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      Page 1 Advertisements Column 3
      49 1 A Qthfaip Of EtuxlUt+a ■hawin' SINCE 1888 j I Made in WEST GERMANY Sole Agent: H. W. Shelley A Co. (Pie) Ltd. More reports, Back Pg I 9 9 i pni v *TB S» A Ji jF/f jiE. j|jH||^^' Beach Road. Singapore 0719 Tel: 298 0011 Tlx: RS *****CaMe^CTSL^AZ^fol^5^ffi0^[
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      Page 1 Advertisements Column 4
      3 1 Analysis, Pg 13
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        High-level mission from Myanmar visiting
        134 2 A HIGH-RANKING delegation from Myanmar has arrived in Singapore on a five-day official visit "for bilateral trade talks", said Yangoon (the former Rangoon) Radio two days ago. The visit follows the inauguration of flights by Singapore Airlines' wholly-owned subsidiary, Tradewinds, to Yangoon as well as
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      • Article
        Raise productivity further
        81 2 THE Minister of State for Trade Industry, and Communications Information, Mr Mah Bow Tan, has called on the Public Utilities Board to further increase its productivity and to lower its non-fuel dependent costs so as to cushion the impact of any rise in the price of oil.
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      • Article
        RMAF chief in Singapore
        59 2 THE Royal Malaysian Air Force (RMAF) Chief, LieutenantGencral Dato Seri Haji Yunus bn Mohd Tasi, will pay a courtesy call on the Second Defence Minister (Services), Brig-adier-General (Res) Lee Hsien Loong, at Mindef this morning. This is Lt-Gen Dato Seri Yunus Tasi's first official visit to
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    • Article
      Simex to up minimum adjusted net capital
      205 2 IN A MOVE to beef up its financial muscle, Simex will raise the minimum adjusted net capital of its clearing and non-clearing corporate members from Jan 1. The minimum adjusted net capital (ANC) of its coring members will be raised from $3 million
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    • Article, Illustration
      Lock icon Dip in demand for residential property
      462 2  -  By Elaine Koh THE residential property market showed signs of levelling off in the first quarter of this year, even as commercial properties registered doubledigit growth. The latest Urban Redevelopment Authority figures show that of the three categories of landed property, semidetached bungalows and
      Source: URA Real Estate Statistics Quantity  -  462 words
    • Article
      Asian Resorts planning Bintan project
      271 2  -  By Chuang Peck Ming ASIAN Resorts the new resort derelopnest consortium led by the Wah-Chaag group b likely to build its first multi-million-dollnr project on Bintan, an Indonesian island ia the Riaa Archipelago south of Singapore. "That's our top priority," Wah-Chang's president, Ho Kwou Ping,
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    • Article, Illustration
      NUS anticipates growth at post-graduate level
      331 2 THE National University of Singapore (NUS) expects its growth in the next 10 years to take place mainly at the post-graduate levels. This was disclosed by NUS vice-chancellor Professor Lim Pin yesterday at the first session of this year's convocation at the Kallang Theatre.
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      156 2 THEY'RE ALL TALKING ABOUT IT. They're talking about ihe total dining experience ffSfpjf CU oc^veflture y 00 our restaurant will give you. It's not just our I find yourself talking about it too decor, or our service, or even our food it's the way everything comes together that makes Paramount
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      DBS Bank's M'sian country fund receives good response
      355 3  -  By Magdalene Ng DBS BANK, the first local financial institution to set up a Malaysian country fund, has seen good response to the open-ended unit trust launched two weeks ago. The bank said yesterday that about 50 per cent of the funds
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    • Article
      Exchange revises terms of GB's bonus issue
      334 3  -  By Conrad Raj THE Stock Exchange of Singapore has once again revised the terms of a bonus issue by a public company. This time it is that of Sesdaq counter GB Holdings. In giving in-principle approval to GB's proposed consolidation and bonus exercise,
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    • Article
      SSE stays above issue price on better market sentiment
      367 3 CONTRARY TO brokers' expectations, Singapore Shipbuilding Engineering has managed to keep" its shares floating above the issue price of 1.20 during its debut yesterday. Traders attributed SSE's fine performance to the current improved stock market sentiment. After falling 156.07 points the
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    • Article
      RDC sees sharp jump in interim profit
      280 3  -  By Lee Han Shih RESOURCES Development Corporation has turned in a much-improvcd set of interim results, which sources said was due mainly to higher income and profit from its granite quarry operations. Compared with the same period last year, group consolidated profits for
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    • Article
      Prima's interim profit drops
      269 3 HALF-YEAR group attributable profit for Prima Ltd has fallen by more than one third to $9.14 million on slackening exports and fierce undercutting of imported wheat flour by Malaysia and Japan. At the pre-tax level the drop was even sharper. Group profit before tax and minority
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    • COMPANY BRIEFS
      • Article
        GTS board's interest in share purchase
        59 3 GTS TRADING has informed the SES that three of its board members Putra Masagung, Made Oka Masagung and Ben Yeo Chee Seong have an interest in the purchase of 700,000 GTS shares worth $494,340 through street names. The purchase raises the stake of the
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      • Article
        MHE gives name of Thai unit
        45 3 SESDAQ STOCK Material Handling Engineering said that the proper name of its 60 per cent Thai subsidiary formed on May 23 this year is M H Components Manufacturing (Thailand). The Thai company will manufacture bearings for conveyors from 1992.
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      • Article
        A 60.22 pc stake in SSE
        89 3 SINGAPORE Technologies Holdings yesterday said that following the official listing of Singapore Shipbuilding Engineering Ltd, its stake in the subsidiary is now 60.22 per cent or 97.34 million 25-cent shares. Meanwhile, SSE disclosed that of the 46 million shares offered to the public, 38.37
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      • Article
        Aerospace raises unit's capital
        80 3 SINGAPORE AEROSPACE Ltd has increased the authorised capital of wholly-owned subsdiary Singapore Aerospace Manufacturing from $25 million to $50 million. Following this, Singapore Aerospace acquired 40 million additional new shares in the subsidiary, thereby increasing its issued and paid-up capital from $10 million to $50 million.
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      • Article
        MBf Finance's broking plan
        69 3 MBf Finance Bhd is continuing with its plan to purchase a stockbroking firm following its unsuccessful bid to acquire the Kuala Lumpur-based firm of Charles Bradburne Company, its chief operating officer, Haji Hezan Shah Haji Abdullah, said yesterday. "We would like to have our own securities
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      • Article
        KLSE may relax margin rules
        62 3 THE Kuala Lumpur Stock Exchange (KLSE) may relax the rules on margin trading to prevent a free-fall in share prices. Executive chairman Nik Mohamed Din bin Datuk Nik However, the rules will only be relaxed if there is evidence that financial institutions are foreclosing collateral
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    • Article
      Fortunes can be made in these uncertain times
      648 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan IN SUCH uncertain times, any financial investment would have to be on a very short term or very, very long term basis. True, the Gulf crisis may have seen many a fortune lost by
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      166 3 Our strong base in the home network of 3,000 local "Volksbanken" Our presence in the Far East: Hong market facilitates your worldwide and "Raiffeisenbanken", Europe's Kong, Tokyo Kuala Lumfwr operations. What distinguishes us most extensive branch network. Head Office: DG BANK, Am Ratz from other banks is that we have
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Konica planning to produce copiers in US
        101 4 KONICA CORP is considering producing large copiers in Maryland as part of efforts to expand its business in the US. A Konica spokesman said in Tokyo yesterday: "We haven't made a final decision on that yet, although we have bought a site beside
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      • Article
        Triton asked to sell three units
        89 4 INDUSTRIAL EQUITY (Pacific) Ltd, the Hongkong investment arm of New Zealand businessman Ronald Brierley, has urged the board of Triton Energy Corp to expand its restructuring plan to include the sale of three subsidiaries. In a letter dated Friday, Robert G Sutherland, Industrial Equity's
        89 words
      • Article
        Asahi unit buys Swedish stake
        91 4 BELGIAN GLASSMAKER Glaverbel SA says it has bought a 30 per cent stake in Termofrost, a Swedish company specialising in coated glass, glass doors used for freezer cabinets and heated winders. Glaverbel, a subsidiary of Japan's Asahi Glass Co Ltd, said in a statement that
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      • Article
        Comalco posts lower profits
        110 4 COMALCO Ltd said a slump in half-year profit earnings was mainly due to lower primary aluminium prices which were 27 per cent lower for the first half of 1990 in US dollar terms from the 1989 first half. "The outlook for the remainder of the year
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      • Article
        Nissan, Hitachi consider tie-up
        62 4 NISSAN MOTOR Co Ltd and Hitachi Ltd are considering establishing a jointly-owned subsidiary to develop and produce high-quality car equipment, spokesmen for both companies said in Tokyo on Monday. No details have been decided. The company would initially manufacture car audio equipment, and eventually develop products
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      • Article
        Bond Brewing extends offer
        66 4 BOND CORP Holdings Ltd's Bond Brewing Holdings Ltd subsidiary said the offer to purchase all of its 12-5/8 per cent extendable subordinated debentures has been extended to Aug 31 from Aug 24. As at Aug 24, about 2.6 per cent of the principal amount of the
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    • Article
      Lock icon Profit of Hongkong Bank sharply below forecasts
      430 4 AP HONGKONG and Shanghai Banking Corp, Hongkong's biggest bank, said yesterday that its after-tax profit fell 21 per cent, dramatically below the forecasts of most analysts. In a statement, the group said that while its traditional businesses performed well, it was badly hit
      AP  -  430 words
    • Article
      Uniworld Hldgs branches into leisure business
      282 4 HONGKONG investment firm Uniworld Holdings is moving into the leisure market by buying a Malaysian travel agency and a 35 per cent interest in a planned Malaysian holiday resort development valued at MS22S million (about HKS64B million). Until now, the diversified company has been
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    • Article
      Lock icon Silence on bid for Evergo baffles market operators
      528 4 FT FOUR WEEKS after the launch of the hostile bid for the Lau brothers' Evergo International and Chinese Estates, the market still awaits details of the offer. Despite a string of claims, half truths and innuendos surrounding the HK$B.62 billion bid, one
      FT  -  528 words
    • Article
      Hongkong hotel group buy British chain
      220 4 REGAL HOTELS International it tipped as a Body buyer of an unlisted British hotel chain and a quoted company as part of its global expansion plans, the South China Morning fa# has repotted. Regal, controlled by Lo Yuk-sui's Century City group through a 73.9
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
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  • Page 5 Advertisements
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      333 5 A V* t> v- fl '-I V' 1 fy ls«6e.'#- i -4 2T t PULAU BAYAN MARINA CLUB i f the international Marina I J Indonesia, located on Bayan Island safely in the cove cool sips Trte Skipper's in control f am ds? natural scenic p II snorke/ m scuba
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Rockefeller Group to build NY office tower
        90 6 THE ROCKEFELLER GROUP, 57.6 per cent owned by Japan's Mitsubishi Estate Co Ltd, plans to build a 57-storey office tower in Manhattan, a Mitsubishi Estate spokesman said in Tokyo yesterday. Tentatively called Rockefeller Plaza West, the US$5OO million building will have total floor
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      • Article
        Henkel in E German venture
        88 6 HENKEL, the West German speciality chemicals company, said it has set up a fat chemistry joint venture in East Germany with East German Chemnitzer Fettchemie. Henkel wiH contribute know-how to the venture and sell its maintenance and cleaning products for metal, textile, paper, and leather
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      • Article
        Mercedes, Voest-Alpine tie up
        86 6 MERCEDES BENZ AG, the automotive unit of DaimlerBenz AG, and Austria's Voest-Alpine AG said in Stuttgart on Monday that they have set up a joint venture for research on recycling of cars. Mercedes' management board chairman Werner Niefer told reporters the two companies would hold 50
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      • Article
        Alcoa unit to invest in Brazil
        96 6 ALCOA MINERACAO, jointly owned by Alcoa Aluminio SA and Billiton Metais, said in Pittsburg on Monday that it will make a US$l5O million initial investment to build a bauxite mine in the Trombetas River area of the Amazon. The company said construction will begin
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      • Article
        Adidas expects profits in 1991
        103 6 ADIDAS AG, one of the world's leading sports goods makers, expects to return to profit in 1991. Managing board chairman Rene C Jaeggi told the Handelsblatt daily newspaper that Adidas, which on Friday said group losses surged to 112.1 million marks in 1989 from 9.3
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    • Article, Illustration
      Lock icon Saunders and associates facing jail terms
      430 6 Reuter FOUR TOP British businessmen, accused in court of greed and lust for power, face jail sentences after their convictions for fraud and theft in a multimillion-pound share-buying scandal. Ernest Saunders, former chairman of brewing giant Guinness and once one of Britain's most successful
      Reuter  -  430 words
    • Article
      Lock icon Merrill, insurers settle loss claims
      306 6 NYT MERRILL LYNCH Co and its insurers have quietly settled a set of claims filed after the brokerage firm stunned Wall Street by announcing in April, 1987 that it had lost more than USS2SO million trading mortgage-backed securities, it was disclosed yesterday. In addition, the
      NYT  -  306 words
    • Article
      Lock icon Poland sees first GM sales outlet since World War II
      542 6 Reuter A POLISH entrepreneur said on Monday he had opened General Motors' first sales outlet in Poland since World War 11, selling Chevrolets, Pontiacs and even luxury Cadillacs on request. Henryk Olczak said his company, Polex International, was the exclusive
      Reuter  -  542 words
    • Article
      Lock icon Nod for Subaru merger
      146 6 AP SUBARU of America Inc announced on Monday that its shareholders have approved a merger with Fuji Heavy Industries, the Japanese manufacturer that builds Subaru cars. The merger won approval from more than 83 per cent of the outstanding shareholders at a special meeting on Monday,
      AP  -  146 words
  • Page 6 Advertisements
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      105 6 IP 'y -3r:. sfis£*v Si* i l/i —/v-".*, vjAijKAvvJ/h i v Pre-. rf? v> "ill 3-"tSA |a; 4* ?f v *V i <* «*.V. .'"c< iifc■*?•>* "i ---.it '£<->3La i'**'**•£'/- I 4 v When it comes to fashion accessories, the Focus attache from Samsonite takes off where your cuff links
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      Page 6 Advertisements Column 2
      69 6 I Results of tender for taxable book-entry Government Bond •1990 due 1 September 1995 tcf be issued on 31 August 1990 ¥r Tenor approx. 5 years Amount Offered Allotted *****,000,000 m Amount Applied ***** t 752,000 Interest/Coupon Rate 5.375% p.a. Average Yield Price 5.46% p.a. and 99.632% on Allotment Cut-off
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  • FINANCIAL NEWS
    • Article
      Lock icon Malaysian insurers warned of clean-up action
      230 7 Bernama DIRECTOR-GENERAL of Insurance Tan Sri Jaffar Hussein warned on Monday that appropriate regulations may have to be imposed to overcome the problem of undesireable underwriting practises, including fronting for foreign insurers, dual rating and development of terms abroad. These activities are harming the
      Bernama  -  230 words
    • Article
      S$ at another record high
      462 7  -  By Alvin Tay THE SINGAPORE dollar yesterday touched yet another record high against the US dollar, in the process bringing its total gains since the Iraqi invasion of Kuwait to 2.2 per cent. The local unit has also risen by 1.9 per cent against the
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    • Article, Illustration
      KL life insurance sector raises premium income by 21pc
      347 7 MALAYSIA's life insurance sector recorded a better performance last year with premium income growing 21.1 per cent to M 51.38 billion, Director-General of Insurance Tan Sri Jaffar Hussein said on Monday. The number of new policies issued increased 14.7 per cent
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    • Article
      Chinese firm signs US$ 20m syndicated loan deal
      254 7  -  By Diana Oon CHINA'S Fujian Investment Enterprise Corporation (FIEQ is making its second appearance on the Singapore capital market, this time raising US$2O million through a syndicated loan facility. A statement from the Singapore branch of Arab Banking Corporation (ABC), the arranger
      254 words
    • SMALL CHANGE
      • Article
        Westpac lowers prime rate to 17.5 pc
        100 7 WESTPAC Banking Corp will cut its prime lending rate to 17.5 per cent from 17.75 per cent, effective Sep 7. The bank said its move was in response "to the continuation of lower interest rates following the easing of policy in early August
        100 words
      • Article
        Nomura to set up S'pore unit
        85 7 NOMURA Securities Investment Trust Management Co Ltd, an affiliate of Nomura Securities Co Ltd, plans to set up a fund-management subsidiary in Singapore in October, a Nomura Trust spokesman said. The subsidiary, tentatively named Nomura Asset Management Singapore, is scheduled to start operating in
        85 words
      • Article
        American chairman resigns
        62 7 CHARLES Keating Jr has resigned as chairman of American Continental Corp, the parent of failed Lincoln Savings and Loan Association, a lawyer for American Continental confirmed. The resignation of Keating and five other officials followed a federal court ruling last Thursday upholding the government's takeover of Irvine,
        62 words
      • Article
        Currency exchange for roubles
        87 7 A CURRENCY exchange, scheduled to open next year in the Soviet Union, will allow Soviet citizens to exchange roubles for major foreign currencies, and may serve as a model for an, international rouble exchange, said a Soviet economist. Vasity Ouzoun, chief of the Economics Department at
        87 words
    • Article
      Lock icon US banks less willing to lend! since May, says Fed
      198 7 NYT REFLECTING a further tightening of credit conditions for commercial borrowers, the Federal Reserve board said on Monday that US banks had increased restrictions on lending since May. In its most recent survey of senior bank loan officers at American
      NYT  -  198 words
    • Article
      Lock icon Upward pressure on NZ$ inevitable in fight against inflation: Reserve Bank
      366 7 Reuter INFLATION cannot be cut without putting some upward pressure on interest rates and the New Zealand dollar's exchange rate, the Reserve Bank of New Zealand's chief economist Grant Spencer said in a statement. Mr Spencer was responding to
      Reuter  -  366 words
    • Article
      Thai banks bringing in foreign fluids
      213 7 COMMERCIAL banks in Thailand are continuing to bring in foreign funds to ease the tight money situation which has persisted during the past month, Mr Vijit Supinit, deputy governor of the Bank of Thailand, said. Banks, meanwhile, are raising interest rates to mobilise deposits
      213 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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      67 words
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      Page 7 Advertisements Column 2
      99 7 Bluewater Concept is to live life on the water in elegant style which only comes from knowing oneself and being able to recognise the best. The Bluewater Yacht Series 45ft, 50ft, 55ft, 60ft from the USA is luxury unlimited grand yachting statements in the finest form and functions. Enter into
      99 words
  • Page 7 Miscellaneous
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  • THE REGION 1
    • NOTE BOOK
      • Article
        Alatas arranging meeting for Cambodian factions
        118 8 INDONESIAN Foreign Minister Ali Alatas said on Monday he is attempting to arrange an informal meeting among the warring factions of Cambodia to move forward the peace process. He said he had recived "clear indications" from the three guerilla groups that form a coalition
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      • Article
        US base in Thailand?
        111 8 THE UNITED STATES is secretly using a base in Thailand, for the first time since the aftermath of the Vietnam War, in its military buildup in the Gulf, a US official said on Monday. The official, who asked not to be named, said Thailand was letting
        111 words
      • Article
        Indon nuclear power plant
        63 8 INDONESIA expects its first nuclear power plant to be operational by the year 2003, the official Antara news agency reported yesterday. It quoted Djali Ahimsa, the director general of Batan, the national atomic agency, as telling a seminar on nuclear power on Monday in Canberra that
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      • Article
        Bomb explodes in Makati
        80 8 A BOMB exploded before dawn yesterday outside an automobile dealership formerly owned by a relative of President Corazon Aquino but caused no injuries, police said. It was the latest in a series of bombings which officials blamed on military dissidents preparing for a new coup attempt.
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      • Article
        Mahathir to visit S Korea
        55 8 MALAYSIA'S prime minister is to make an official visit next month to South Korea, where he is expected to meet trade authorities and discuss his country's potential for investment, officials said on Monday. Prime Minister Mahathir Mohamad will also meet with President Roh Taewoo, who
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      • Article
        Hawke to visit Japan
        60 8 AUSTRALIAN Prime Minister Bob Hawke announced yesterday that he would visit Japan next month to promote Melbourne as a venue for the 1996 Olympics and to hold talks with Japanese leaders. Mr Hawke said in a statement that during his visit from September 16-20 he would
        60 words
    • Article
      Indonesian economy likely to exceed 6pc growth this year
      513 8 INDONESIA'S economic growth is likely to exceed 6 per cent this year in spite of the government's measures to contract the money supply to curb inflation, says Bank Indonesia Governor Adrian us Mooy. The Jakarta Post reported him as saying that
      513 words
    • Article
      Decentralisation imperative for development
      199 8 THE decentralisation of development planning and implementation should automatically follow economic deregulation, the Indonesian State Minister for Population and the Environments Emil Salim said in Bandung on Saturday. According to The Jakarta Post, Mr Emil Salim told newsmen outside the national conference of the Indonesia Economists
      199 words
    • Article
      Lock icon Big five reach settlement on Cambodia
      426 8 Reuter AFTER eight months of arduous negotiations, the five permanent members on the UN Security Council on Monday agreed on a comprehensive political settlement that they hope will end the Cambodian civil war, diplomats said. If carried out by the Cambodian combatants, the plan
      Reuter  -  426 words
    • Article
      Lock icon Australia's current account deficit at A$ l.73b
      297 8 AFP AUSTRALIA'S unadjusted current account deficit for July rose to AS 1.73 billion, a?' 33 per cent rise on the prcvi-'' ous month, the Bureau of*' Statistics reported yesterday. The unadjusted merchandise trade balance recorded a-' deficit of As3oo million-* compared with a
      AFP  -  297 words
    • Article
      Manila urges banks to defer remittances
      459 9  -  Foreign exchange squeeze feared; concern over speculation on peso Frea Al O Labita Jr In MANILA THE AQUINO government hat asked multinational banks in Manila to defer remittances of their profits to their headquarters abroad to stave off any foreign exchange crisis in the
      459 words
    • Article
      Thai companies enter into Myanmar ventures
      260 9 FIVE THAI FIRMS have formed joint-ventures in Myanmar after Yangoon enacted a foreign investment law last year, The Nation reported. Songserm International Co Ltd heads the pack, forming two joint venture firms with a Burmese company for sugar and beer production in Burma, Thai
      260 words
    • Article, Illustration
      Lock icon Suharto's offer to mediate
      60 9 Kawniti Oil Minister Rasheed Al-Ameeri meeting Indonesian President Suharto at the presidential office in Jakarta on Monday. Dr Al-Ameeri, who came to Jakarta aa a special envoy tor Kawniti exile government la Sandi Arabia, said Mr Suharto offered to mediate in the war between Iraq and
      AP Picture  -  60 words
    • Article
      Thai economy can hold its own: economist
      553 9 THAILAND stands a good chance of maintaining its international trade and investment competitiveness despite the Gulf crisis and turbulence in the world oil market, according to a senior economist at the Bank of Thailand. The official said the Thai economy is relatively wellplaced
      553 words
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      Page 8 Advertisements Column 1
      265 8 I Under a Joint The British Business I I Scholarship The Raffles BBA/FCO Scholars Association/Foreign and I I scheme individual Fellowship Commonwealth Office I I scholars have been Fong Whye Koon awards have been jointly I I sponsored by the Ng Wan Sing (Bridgeport Scholar) funded by: I following companies.
      265 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      133 9 The spent the two dream- tjmM of wouldn't after afraid, the jJnjmjlr salesman at Sincere Watch because's J another till the next shipment (1 slipped into MM my new dress. ft was our Ist was taking to most jjMmjf loyal too.' Why Sincere Watch to anyone Ufhj&Un search of a
      133 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        US customs holds Iraqi, Kuwaiti goods
        111 10 GOODS destined for or coming from Iraq and Kuwait worth some US$B million have been seized by US customs officials in Houston in compliance with a presidential order. A spokeswoman for the US Customs Service said on Monday that 29 cargoes of various goods
        111 words
      • Article
        More Saudi oil for Japan
        66 10 SAUDI ARABIA will boost its oil sales to Japan by around 210,000 barrels a day in September amid a drive within Opec to make up the shortfall caused by Iraqi's invasion of Kuwait. The Middle East Economic Survey, published in Nicosia, said yesterday that liftings
        66 words
      • Article
        US steel imports down
        87 10 US STEEL imports fell in the first half of 1990, with lower shipments from Japan, the European Community and Brazil. The American Iron and Steel Institute said on Monday that imports of steel mill products in the six-month period were 7,0 million tonnes, down from 7.7
        87 words
      • Article
        Prague spring
        78 10 TOURISTS have overwhelmed post-communist Czechoslovakia, feeding the black market and straining the country's limited tourist facilities. From curious Americans eager to soak up Prague's historic sights, to hustling Poles seeking black market buys, they have been pouring in this year at record rates, statistics show. From January to
        78 words
      • Article
        S American common market
        69 10 ARGENTINE President Carlos Menem yesterday urged southern-most South American countries and Andean nations to join the South American Common Market which is piamwH to emerge in four years. Mr Menem, who is in Chile for a three-day official visit, said countries such as Chile, Argentina, Brazil,
        69 words
    • Article
      Lock icon Strong rise in income of Americans in July
      225 10 Reuter THE income of Americans rose by a strong 0.6 per cent in July, the Commerce Department said on Monday, normally a sign of economic strength but one that analysts warn may not hold up in coming months because of rising energy
      Reuter  -  225 words
    • Article, Illustration
      Lock icon US consumer confidence at seven-year low
      384 10 Reuter AMERICANS, increasingly worried about the economy and pessimistic about the future, are demonstrating the lowest consumer confidence since the US was recovering from recession more than seven years ago, a business group said on Monday. Meanwhile, existing home sales rose for a second
      Reuter  -  384 words
    • Article
      Lock icon Fed may be considering slight ease
      162 10 AFP FEDERAL Reserve policy makers are leaning towards easing up slightly on credit to avoid a recession, the Wall Street Journal said. Citing one Fed member and unidentified government officials, the newspaper reported on Monday that the Fed had adopted a directive allowing chairman
      AFP  -  162 words
    • Article
      Lock icon Domestic demand lifts Japan's economy
      192 10 AFP JAPAN'S economy is continuing to expand, helped by strong domestic demand despite the recent surge in oil prices, the government's Economic Planning Agency (EPA) said yesterday. In a monthly economic report, baaed on an analysis of recent economic statistics, the Tokyo-based agency said domestic
      AFP  -  192 words
    • Article
      Lock icon Soviet forays in Africa
      117 10 AFP THE Soviet Uaioo's shift to a —ftrt uuauij has ande it pnriHe to explore aew Joint nslau with a a—ihrr of ASricaa luantilu, says the leader of a visiting Soviet delegation. Garry Kazaetsov, depaty bead of the deportaaent for eamomk. relations with AMcaa aad Latia
      AFP  -  117 words
    • Article
      Lock icon Semi-conductors the bright spark in Korea's future
      466 10 AFP SOUTH KOREA is putting its money and gifted engineers in the field where analysts say lies the country's economic future: the semiconductor industry. For this South Korea is relying on what it knows best mixing large conglomerates which can summon up huge
      AFP  -  466 words
    • Article
      Lock icon Bank expects 3pc rise in German inflation
      172 10 Reuter WESTDEUTSCHE Landesbank Girozentrale (WcstLß) Mid it expects West Germany'! co——or prices in August to rise just under three per cent year-on-year as higher oil prioes push up consumer prices. In its August report, WestLß said the jump in consumer prices triggered by
      Reuter  -  172 words
    • Article, Illustration
      Lock icon Opec nears accord on oil output rises
      776 11 The Gulf Crisis Opposition argues world govts have adequate stockpiles Reuter TEN of the 13 Opec states were ready yesterday to endorse oil output increases sought by Saudi Arabia to offset shortages arising from the Gulf crisis, conference sources said. Two members, Iraq
      Reuter; Reuter Picture  -  776 words
    • Article
      Lock icon Trade embargo can force Saddam to his knees
      370 11 NYT TRADE EMBARGOES have often proved feeble instruments of coercion. Those who favour quick military action against Iraq argue that the present blockade won't work, or will take many months to bite. They may prove right. Yet, this blockade is already unique
      NYT  -  370 words
    • Article
      Lock icon Tokyo tries to avert oil crisis
      131 11 Reuter JAPANESE Trade Minister Kabun Muto will visit Paris next week to discuss ways of averting a world oil crisis with officials of the Organisation for Economic Cooperation and Development (OECD) and the International Energy Agency (lEA *1 want to discuss how to ensure
      Reuter  -  131 words
    • Article
      Washington not optimistic about peace talks
      515 11  -  By Harish Mehta THE NOOSE of economic sanctions designed to strangle Iraq's economy and loosen its grip on Kuwait is beginning to bite, however the US is not optimistic about the so-called peace talks between Iraq and the United Nations, a senior Washington official
      515 words
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      Page 10 Advertisements Column 1
      357 10 The Gulf Crisis continues to worsen On August 15,1990, the first-time guidelines on part-time employment were released. Forex dealers are getting jittery The Director of Labour Relations also reiterated that the guidelines are to take Stock prices have nosedived Immediate Effect Real estate is on shaky foundations vmAum wiwmitm—i»/ Recession
      357 words
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      Page 11 Advertisements Column 1
      374 11 With Epson, Multi-Part-Form Printing Will Be A Piece Of Cake. Every Time, j r -——i v/ 1 r For many, dealing across different depart- with a conventional roller paper path. Likewise, the flatbed design completely parking for both single and continuous sheets. ments is an undeniable factor of corporate life.
      374 words
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  • Article
    Cleansing the body politic
    463 12 EDITORIAL IN domestic terms, the Thai Cabinet reshuffle is an attempt by Prime Minister Chatichai Choonhavan to repair the image of a government tarnished by repeated charges of corruption and mismanagement. In trying to do this, Mr Chatichai has gone to the extent of inducting three
    463 words
  • WHAT THE OTHERS SAY
    • Article
      Speaking of hate
      244 12 WHY IS there so much hate in this world? This is the kind of refreshingly candid question that is being addressed at the international "Anatomy of Hate" conference going on now in Norway. One of the most interesting points to be raised is that democratisation may release
      244 words
    • Article
      Forget not the basics
      118 12 C 7 SINGAPORE'S future depends on what the people make of it. So said the Prime Minister at the National Day Rally. Good government, he pointed out, is another vital prerequisite for continued success. The question now is how Singaporeans themselves can play their part in
      118 words
    • Article
      PM's earnest words
      125 12 THE NATIONAL Day rally speech by Mr Lee Kuan Yew is especially significant, being his last address in his capacity as Prime Minister. Mr Lee has never failed to stress the fundamentals from which national development flows. In his first National Day speech in 1966, he said
      125 words
  • REGIONAL VIEWPOINTS
    • Article
      All will suffer
      240 12 THE CURRENT Gulf crisis has produced a premature obituary for Opec. The problems raised by the conflict between Opec members in the Gulf area which has given rise to a crisis situation, should from now on perhaps induce Indonesia to pay greater attention to the energy needs
      240 words
    • Article
      Strong traditional values
      112 12 CHANGES IN social behaviour and attitudes are not just meat for sociologists and other academics: they make an impact on the whole of Hongkong. The South China Morning Post opinion survey reveals that young people intend to marry later and to have fewer children. The decision by
      112 words
    • Article
      All join in
      149 12 THE IRONY of the incredible Washington-Moscow detente of the past year is that the threat of war may actually have increased. Baghdad holds vast stocks of gas fatal to humans, and has threatened to use them. Libya and Iraq possess gas warfare capability. Reports Iran now intend
      149 words
  • Article, Illustration
    Lock icon 500 painful, hopefully gainful days
    752 12 This time, Mikhail Gorbachev may really turn the Soviet economy upset down with the help of nis political foe Boris Yeltsin International Business Week SOVIET citizens could find themselves facing a series of shocks when they return from their vacations at the end of this
    International Business Week  -  752 words
  • Page 12 Advertisements
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      282 12 A lOT At SHERATON UTTII THINGS MIAN A lOT AT SHERATON UTTIE THINGS MEAN A lOT AT E O O z z "2. Ml Imagine staying in the best part of Bandar Seri day—a saving of 8566.00 per night or 851,980 Begawan, right on Jalan Bendahara, in a luxurious, per
      282 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      53 12 DOONESBURY BY GARRY TRUDEAU IT UJfifjtfT THE THOUGHT ALL THAT HOLD THAT <9 OF MOWING YOU THAT SCREAMING THOUGHT, BAff/. > WyJl JLL sroouvmb.boopsc- at the minis- iha/e t> f »ip dp A A/flKl —m- > /T HAS THE PACKAGE TEF, THE MAKE A I pUKRR! I w'THp HELLO' DEAL!
      53 words
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  • ANALYSIS
    • Article
      Lock icon It takes time to return to equilibrium
      951 13  -  Both oil supply and demand are very slow to respond to price changes. This, explains Matthew Wald, is the reason for the major panic over a minor shortfall. Matthew Wald NYT THE price of crude oil has nearly doubled since the beginning of
      NYT  -  951 words
    • Article, Illustration
      Breakers lie ahead, but hatches are battened down
      1589 13  -  For an island plugged into the world grid, the consequence of the Gulf crisis an oil shortage and spiralling prices is certain to ramify through the economy with a vengeance. How will each sector bear up? What's the bottomline impact on business?
      1,589 words
    • Article
      Lock icon For success, go out of Africa
      579 13 Businesses on the continent are stymied from the word go NYT ON the edge of Nairobi's industrial park sits one of the most visible manufacturing ventures in Kenya. Founded after independence in 1963 by the Jumas, an Asian family who came to Kenya from
      NYT  -  579 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      92 13 Data General House. 135 Wkrkham Terrace, Brisbane, Australia. Data General House is situated strategically overlooking the Brisbane Central Business District. Outstanding 12 level building with a 2 level annexure. Prominent neighbouring properties include: Sheraton Hotel Unisys Metway Bank BHP House IBM Centre Prime Computers Data General House also features: 100%
      92 words
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  • THE LAW PAGE
    • Article
      The course of legal action against Iraq
      638 14  -  By David Gabriel THE CRISIS Iraq has created in the Middle East involves several issues of international law. State leaders have talked about the crisis in terms of international law. For instance, in his National Day Rally speech on Sunday, Prime Minister Lee
      638 words
    • Article
      Whose spleen is it anyway?
      158 14 IN THE California Supreme Court last month, the question arose: After a person has had bits of his body removed in an operation, who owns the bits? The Economist reported that a Mr John Moore went to court to fight over the ownership of his
      158 words
    • Article
      More patents for software
      135 14 THE AMERICANS arc trying to improve the protection available to their entrepreneurs by granting more patents for computer software, the Economist reports. The usual approach is for software to be protected under copyright laws. Copyright covers the expression of ideas, which is a thing or a
      135 words
    • Article
      Law Society needs to review premium prices
      301 14 LAWYER Khoo Guan Chuan wrote to BT about the Law Socicty Professional Indemnity Insurance Scheme. He boiled down his dissatisfaction with the scheme to a matter of price. M I support the scheme but feel that no one should pay more, or less,
      301 words
    • Article, Illustration
      Club to change name after settlement
      69 14 In the last Law Page, in the report 'Issues of passing-off* coming before the High Court', we made reference to the Volvo case coming up in Hongkong. We have been informed that the case has been settled out of court. The terms of the
      69 words
    • Article
      Court orders DBS Bank to return deposit to vendor
      893 14 CASE The Development Bank of Singapore f Eng Keong Realty Pte Ltd and another. High Court of Singapore Justice Yoag Pang How. THE SUMMONS was taken out by DBS Bank seeking an order that the two defendants, Eng Keong Realty Pte
      893 words
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      Page 14 Advertisements Column 1
      94 14 A Strong 80nd... Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. m MM __—OT MM MM lam very interested in Caran D'Ache corporate gift ideas. Please send me more information. ADA
      94 words
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  • SPORTS
    • Article, Illustration
      Lock icon Becker, Graf begin defence of titles
      1204 15 Agencies NEITHER rain nor a crafty foe from Spain could stop Boris Becker as he and fellow defending champion Steffi Graf began the US Open with victories on a day of weird weather and strange silence in New York. The rumbling of jets was
      Agencies  -  1,204 words
    • Article
      Lock icon What's new at Flushing Meadow
      344 15 AP STEFAN EDBERG is world No 1 and Boris Becker is the defending champion, but statistically the United States has a pretty good shot at its first home-grown US Open winner since John McEnroe in 1984. There are 43 Americans in the 128-player draw, more
      AP  -  344 words
    • SIDE LINES
      • Article
        Gooch leads England's bid for draw
        86 15 GRAHAM GOOCH spearheaded England's push for a draw in the final Test against a determined Indian attack in Loodon on Monday. But if England is to successfully protect its 1-0 series lead, Gooch's men, including Australian tour aspirant David Gower, would have to match
        86 words
      • Article
        Vickers beats Kumhei
        58 15 DEFENDING champion Jim Vickers of the US defeated Naoteru Kumhei of Miyagi, Japan, 1-up on Monday in match play at the 31st arnual World Senior Golf Tournament in Colorado. The match was one of 16 played in the opening round on the par 72 6,555-yard Broadmoor East
        58 words
      • Article
        Mota wins marathon
        70 15 OLYMPIC and world champion Rosa Mota of Portugal must rank as one of the greatest women distance runners of all time after winning her third European marathon title in Yugoslavia on Monday. The tiny 32-year-old shook off the Soviet Union's Valentina Yegorova on the final lap in
        70 words
      • Article
        Burks makes record books
        80 15 ELLIS BURKS became the 23rd player in major league history to hit two home runs in one inning and Mike Boddicker extended Boston's shutout streak to 33 2-3 innings in a 12-4 victory over the Cleveland Indians on Monday night. Burks, who had an RBI double
        80 words
      • Article
        WCT winds up
        54 15 WORLD Championship Tennis has gone out of business. WCT directors i*mar Hunt and A 1 Hill said on Monday that the 23-year-old Dallas-based company has discontinued its tennis tournaments. Besides the Fewest Hills event, other tournaments scheduled for London in December, Arizona in March, and Dallas in
        54 words
      • Article
        Leonard renounces title
        71 15 THE World Boxing Council announced on Monday that Sugar Ray Leonard has renounced his super-middleweight world title. The council said in a news release that Leonard renounced the title during a telephone call with Jose Suleiman, president of the Mexico City-based organisation, who accepted the resignation. Sulaiman
        71 words
  • Page 15 Advertisements
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      692 15 THE GULF BANK* Waianre Sheet I Profit and Loss Account At 31 December 1989 Year Ended 31 December 1969 A mutt* 1969 1988 1989 1988 PLSSeX£ KD '000 KD 000 KD '000 KD *000 Cash and balances with banks 26,801 33.756 Profit and Loss Account Money at call and short
      692 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      155 16 WHERE TO WINE, DINE AND ENTERTAIN...WHERE TO WINE,DINE AND ENTERTAIN...WHERE TO WINE, DINE... Some of our best advertising is by wordof-mouth. ■9BE* m For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lip. Reservations. *****100r 338 8585ext *****/6. FftLM GRILL S?^A_ Westin
      155 words
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      Page 16 Advertisements Column 2
      300 16 IR?J f DIANXIN temptation! Treat yourself to a Delectable Dian Xin lunch. All-vou-can-eat for only $16.80* per person. Lunch Hours: 11.30 am 2.30pm *Hu> 10% xt\xt chjry A 4\ ftarrnrncnt tan I L. .J HWT REGOCY©SWGAPORE l a l2 Scorn Ktud S«wpure WU Td *****W Jr*k± t y*?4r*. s^S. Buffet
      300 words
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      Page 16 Advertisements Column 3
      243 16 4*AZ3C--Sky Garden Poolslde Daily: 6.30 10.30 pm Adult: $12.50 Child: $8 'Complimentary birthday cake for a PLAZA HOTEL sinoAroof minimum of ten heasr make tUMt<taMWH«nt reservations 4 days In advance •«■«*■«> <»7w*•mum tuwj I ROSE GARDEN SICHUAN RESTAURANT ft Levd S, Gotden Landmark Hotel 390 Victoria Street. Singapore Introducing our
      243 words
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      Page 16 Advertisements Column 4
      412 16 I —Saychmeto—*j I SWISS 1 The Swiss have such wonderful ways with cheese. Savour thrm and more at The Belvedere's Swiss Buffet this month. J ■p SWISS BUFFET LUNCH 4 p. August 1 31, Noon 2.30 pen 4 Adult: $36++, Child below 10: $18+ K We serve the world to
      412 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      618 16 TELEVISION AND RADIO A j 1 1 a SBCI2 medienne he befriended is Tha Right to Lava (Brazilian BUSINESS ON HAOIO Tf/\ I c\ T" murdered in his hotel room Drama, M). vACUXC il 7.30 PM Tk« Pigtat Fttaa Fair t.45 Excerpts SJI tahrtPrayar CaR. MC, §9.9 mHlIn VMF M—4
      618 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon High in price, low in quality
      903 17  -  The current theatre season at London's West End is generally disappointing, says Frank Rich Frank Rich NYT Even when the plays have been less than perfect in London, the price of a ticket has always been exactly right for American visitors. But not this
      NYT  -  903 words
    • Article, Illustration
      Lock icon Travanti sheds 'that series' on the London stage
      711 17 AP HIS FAME in the US television show Hill Street Blues may have landed Daniel J Travanti a part on the London stage, but he does not like being reminded of what he calls "that series." "I will not say its name,
      AP  -  711 words
    • Article, Illustration
      Pope blesses Mother Teresa on 80th birthday
      580 17 CHKWBP—j POPE JOHN PAUL II remembered Mother Teresa's 80th birthday on Monday with a telegram of heartfelt wishes and a special blessing for the woman in Calcutta who cares "for all God's children." The Pope accepted the Yugoslav-born nun's resignation last spring for
      580 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      286 17 AND ENTERTAIN The Happiest Hours In Town. HAPPY HOURS. SPM TO BPM -1 DAILY OPENING T -T* hours Stljjj-9t&- J1 lIAM TO lAM Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. A®
      286 words
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      Page 17 Advertisements Column 2
      84 17 mi w *s classical Japanese food prepared In the True Kaiseki Style. Complete 6 course set Lunch/Dinner from $18.00 Set Sushi Lunch from $17.00 Nishiki Restaurant Marina Bay Golf Country Club 6 Marina Green Singapore oioi. For Reservations Please Call *****11. J Chinese best of Thai. k^ ver 20 mouthwatering
      84 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares end below day's highs on Gulf reports
      4119 18  -  By Abdul Hadhi NEWS REPORTS that Iraq had declared occupied Kuwait its nineteenth province and named a strip of territory along the Kuwait-Iraq border after President Saddam Hussein halted a moderate rally on the Singapore stock market yesterday. The Straits Times Industrials
      4,119 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4198 19 Main Board S1A Foreign 1540 +100 +6.9% SIA 1090 +40 +3.1% iseUn 50* 670 +40 +6.3% SIA 200 1100 +30 +2.8% Asia Pacific MO +30 +3.5% FBLS 50* 700 30 +4.5% OUE 665 +25 3.9% CJkC 390 +24 +6.6% Hong Fok 201 +23 +12.9% Semb
    4,198 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      108 20 Cmwmv Bate Ymt 6tm» (tot Itot •arataft «m» mm to pr*(lt/tou (L) ttrtfcar* dhrtoMd ('000) (e«rtt) Mud Loom Au( 21 Mar 90 MJ5.387(MJ4.414) 15.5(11.8) 10(10) Somma In* Aug 14 Mar 90 J4.089MJ8.020l) -(-> HTP HUr Aw 3 Mar 90 $2.334(J2,754l) 2.6(-) Km\ Aug 3 Mar 90 J15.408(J12.840) 8.5(7.1)
      108 words
    • Article
      PRELIMINARY RESULTS
      98 20 Bate Yur GrtH M-tu Ntt mi Gross c r zziz<i> z*" (tot) (CMts) Am 27 )un 90 $17.370($13,4S3) 5.4(3.9) 2.9(2.9) teLta. 3 22 Apr 90 MS2.966KMS10.047) -(23.1) 2(30) SThLb Aug 22 Jan 90 *S6.498(MS3.207l) -> .MB? Ajm 22 iun 90 MS370,594(MS185,442) 40(26) 20 8) Set Dredt 3 10
      98 words
    • Article
      INTERIM RESULTS
      267 20 fmOat. SrwiFpre-Ux hftrti M n t* prvAt/Wss (L) OSS Land Aug 24 Jun 90 $21,148(124,003) —<—) YHS Aug 24 Jun 90 $7,620(19,052) 5(5) Est Aug 23 Jun 90 M$l,200l (M$18.299) -(7) Muda HMgs Aug 23 Jun 90 M$8.665(M$7.518) yuc Aim 23 Jun 90 M$7,124(M$6,971) 4(4) H Plan Aug
      267 words
    • Article
      DIVIDENDS ANNOUNCED
      662 20 CwTMrt Ex Ma Date Tatal fcr Tihlhr Hynt date dm payaMa the year last year Nti 4* 6% Am 28 Sep 7 ftp 26 6% 61 MU 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5 Not I 10% 7.5%(») Mm 7.5%TE(I)
      662 words
    • Article
      RESULTS DUE
      576 20 tag**™ Stocks laat M Y«r Cm+m, PlU Ma for MR M« M mmhmM m*| (caM) (nao L«|M Mm Mv 30 Dk 89 535L(fc) BB Mm Apr 26 M 90 13(a) 2JIE(a) 4.747 FIM Mm tun 23 S« 90 3U IM 62J68 Mm Mm Am| 1 Dk 90 66.2
      576 words
    • Article
      BONDS, LOANS ft WARRANTS
      516 20 tanrthtopaM CMMhitBBfcr itew cum a/v« 1 —i <hmkl j 2/10/00 to 20/10m ljwwt Ha 0mm** Mm Itordi <7 to 31/12/11 L55 anato 0m <L» a* OalflM 1/0/W to a/1/* 1 mm* 0m aa «r 1 mm* 0m >1 aatoH —mifc a»«"h* ay 0w« 1/1/17 to 30/7/52
      516 words
    • Article
      CORPORATE DEVELOPMENTS
      454 20 At* 27 T4 fr—f Cheang Steamship a Hongkong company, may shift its entire shipping operations to Singapore by 1993. The company has recently acquired 9,000 sq ft of commercial space at Lucky Plaza where it expects to set up a Chinese restaurant before the end of the year.
      454 words
    • Article
      APPROVED ISSUES
      383 20 KMi Mm (IK) Oltors lor nit by or on beta* of Utd btmn (M) Bhd of 252b tfaras by ray of i f#to oltar to «HM terehotdas of KK oa the bass of tour tor-one fe IQl 25 iadi Ei-dale M 20 Books dose Aug 3 Attain i
      383 words
    • Article
      PROPOSED ISSUES
      415 20 Company Rights Issue Mm One-tor tot* fe MS2.00 per stare. CauMway tot Capital reduction scheme to reduce par nine of stores from $1.00 to SO GO; Ibghts ssue ot 3:4 JO 60 per share CMk One-tor-one M$4 00 per share. Emry tour shires would be wwhI wth one
      415 words
    • Article
      COMPANY MEETINGS
      166 20 QAf L* AGM at SLF Boardroom, 510 Thomwi Rood, 81-01 SLF BriH Singapore 1129 on Wednesday, Au| 29, at 3pm. Sana hwasMs Ltd: 26th AGM at 10 Man Basar, Sim Lim Tower #17-01, Smgapore 0820 on Thursday, Auf 30, at 10.30 am. MriayriM HanW 9|pkv Carpn Mi EGM
      166 words
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      Page 20 Advertisements Column 1
      307 20 The 2nd International Petrochemical Conference >•< Petrochem'9o Identifying Opportunities for Growth in the 90s Petrochemical investments in the Asia-Pacific are surging ahead and are expected to continue into the 90s. Petrochem '90 will bring into focus new challenges facing the industry while identifying opportunities for growth. The on-going Gulf crisis
      307 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks broadly higher despite profit-taking
      3802 21 Bernama SHARE PRICES on the Kuala Lumpur stock market finished broadly higher yesterday, extending its strong rebound from last week's sharp drop, although some counters finished below their highs on late profit-taking. The KLSE Composite Index retreated from the day's high of 539.89 to close
      Bernama  -  3,802 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      448 21 PRIMA LIMITED (FLOUR MILLS) (Incorporated ui the Republic of Singapore) The Directors of Prima Limited are pleased to make the following announcement: UNAUDITED RESULTS FOR FIRST HALF YEAR ENDED 30 JUNE 1990 mi.rmaae The Company The Group iiliwihhii^ 30.06.90 30.06.89 30.06.90 30-06-99 Company Group S$ 000 Ss'ooo 1 Tumove. 41
      448 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market sustains its rising streak
      2243 22 Reuter TOKYO STOCKS closed higher yesterday as momentum from Monday's gains continued in the morning before fading later in the day. Falling oil prices and a stronger yen also fuelled morning advances, but rumours of more unrest in the Gulf capped gains in the afternoon,
      Reuter  -  2,243 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Stocks end sharply up on overseas rallies
      2417 22 Reuter HONGKONG stock prices climbed sharply yesterday in response to rallies in New York and Tokyo and closed just off the day's peak, brokers said. The Hang Seng index surged 160.93, or 5.5 per cent, to 3,078.94 points, while the Hongkong index climbed
      Reuter  -  2,417 words
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  • REGIONAL STOCK MARKETS
    • Regional markets finish higher
      • Article
        AUSTRALIA
        949 23 THE AUSTRALIAN share market ended, higher in subdued trading yesterday with brokers wary about continuing tensions in the Middle-East. Buying of major industrial stocks pushed the industrial index sharply higher, more than offsetting declines in resources, gold and oil shares. "The market didn't get too carried away on the
        949 words
      • Article
        TAIPEI
        415 23 TAIWAN STOCKS surged on reports yesterday that Iraq had pulled its front-line troops back at least 10 miles inside the Kuwaiti border with Saudi Arabia and every traded issue rose the maximum allowed, dealers said. "Since I've been in the market I've never seen anything like it," said David
        415 words
      • Article
        Untitled
        93 23 Clow Previous Am 28 SYDNEY All Ordinaries Indcx 1491.0 1477.3 +13.7 All Industrials Index 2250 0 2210.5 39.5 All Resources Index 903.3 907.3 -4 Turnover (million) NA 169.04 BANGKOK SET Index 823.75 756 92 +66 83 Turnover (nearest '000) 21.716 NA JAKARTA C omposite Index 551.57. 546.83 +4.74 Turnover (nearest
        93 words
      • Article
        JAKARTA
        601 23 TURNOVER on the Jakarta Stock Exchange fell slightly to 3.29 million shares yesterday from Monday's 3.34 million, but the composite index rose 4.74 points to 551.57. Bank Duta was the most traded on the regular market at 686,500 shares, closing 350 rupiah lower at 5,600. Nickel producer Inco ranked
        601 words
      • Article
        MANILA
        590 23 PHILIPPINE SHARES climbed on bar-gain-hunting yesterday as an oversold market ignored the 17th bomb attack in Manila in two weeks, brokers said. "When bombings occur almost daily, then market sentiment somehow gets used to it, especially when only a small bomb goes off and causes only minor damage," said
        590 words
      • Article
        Untitled
        351 23 In local cwreacy la SS la US$ fay year day year day year Aag 27 hte change chaage Aj> ckaage chaage Ajt World 371.6 3.1 -20.1 3.0 -219 3.0 -17.5 fEAFE 505.5 3.0 -25.8 3.4 -26.8 3.4 -21.7 Europe 392.2 2.7 -13.0 2.7 -6.8 2.7 -0.3 Pacific 842.5 3.2 -33.5
        351 words
      • Article
        SEOUL
        753 23 SEOUL STOCKS rose sharply for the second successive day yesterday as investors continued to buy across the board on anticipation of market-boost-ing measures and a belief that tensions were easing in the Gulf, brokers said. The composite stock index gained 28.13, or 4.6 per cent, to 642.42, with volume
        753 words
      • Article
        BANGKOK
        676 23 THAI STOCKS finished higher yesterday on sharp gains in Tokyo and New York and fading fears of a Gulf war, brokers said. The composite SET Index gained 66.83 points to close at 823.75 on 21,715,882 shares worth 1,858.81 million baht. Advances led declines 185 to 5. Most active were
        676 words
      • Article
        NEW ZEALAND
        302 23 NEW ZEALAND SHARES drifted down in flat afternoon trade yesterday but ended higher overall after an early rally that most brokers described as unconvincing and unsustainable. Private clients were doing most of the buying and that was an indication that the market was due to ease. The Barclays
        302 words
      • Article
        BOMBAY
        42 23 BOMBAY SHARES recovered most of their early losses but closed lower yesterday. The Bombay Stock Exchange index closed at 1,207.87 points from Monday's record high 1,217.67 close. The national index fell marginally to close at 619.21 points from 619.66 on Monday.
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  • WORLD STOCK MARKETS
    • US blue chips continue to rebound
      • Article, Illustration
        NEW YORK
        1136 24 WALL STREETS bleak mood of the four weeks showed further signs of lifting on Monday as blue chips surged to another sharp gain, ending the day about 3.1 per cent higher. While share prices were well overdue for a rebound after ending last week down almost 112 points,
        1,136 words
      • Article, Illustration
        LONDON
        852 24 UK SHARES were firm near session highs at midday yesterday, underpinned by perceptions that the threat of war in the Gulf may be receding, dealers said. Shares were marked up sharply yesterday morning after big gains on Wall Street overnight and a recovery in Tokyo for the second day
        852 words
      • Article
        Untitled
        82 24 Aug 27 Clout Purlw NEW YORK Dow Jones 2,611.63 2,532.92 +78.71 NYSE Financial 123.93 120.35 3.58 SAP 500 321.44 311.51 +9.93 Turnover (million) 160.15 199.04 •38.89 LONDON Financial Times 30 Closed 1,616.8 FTSE 100 Closed 2,086.4 Turnover (million) Closed 347.7 AMSTERDAM CBS General 179.20 176.10 +3.10 —IKffl f Stock Index
        82 words
      • Article
        MILAN
        169 24 ITALIAN stock prices closed with sharp gains yesterday, although several blue chips ended off earlier highs, as investors juggled with a series of conflicting market influences, brokers said. Hints of a softer line from Iraq has boosted hopes of a peaceful settlement in Gulf but the news on the
        169 words
      • Article
        TORONTO
        213 24 TORONTO STOCKS slipped slightly on profit-taking yesterday after two sessions of solid gains in New York, analysts said. "I think the market will at least until there's something to latch onto will jiggle back and forth within a narrow range," said Fred Ketchen. The composite index lost 10.7 to
        213 words
      • Article
        JOHANNESBURG
        394 24 JOHANNESBURG gold shares were holding steady at the morning lows at noon yesterday in a thin and nervous market after a further dip in world bullion prices on perceptions that tensions in the Gulf are abating. Prices were sent reeling at the opening, but dealers said volumes were light
        394 words
      • Article
        FRANKFURT
        283 24 WEST GERMAN share prices ended lower yesterday after a round of profittaking reversed part of the strong 6 per cent rise seen on Monday. In the absence of any particularly bad news emanating from the Gulf crisis, operators took the opportunity to cash in on Monday's strong advance, share
        283 words
      • Article
        AMSTERDAM
        252 24 DUTCH SHARES were mostly lower in thin early afternoon trading yesterday after a firmer opening, hurt by rcsurging worries about the Gulf crisis, traders said. A bit of profit-taking following Monday's gains, a lower Frankfurt bourse and fears of a weak Wall Street opening also weighed on prices. At
        252 words
      • Article
        ZURICH
        281 24 SWISS SHARES traded lower at midsession yesterday as dealers expressed doubt that Monday's and Friday's gains were the start of a new rally. "After two days of rising prices it appears we are on the way down again," one trader said. The all-share SPI index lost 14.6 points or
        281 words
      • Article
        PARIS
        140 24 IN PARIS, the leading CAC-40 index dropped more than one per cent by midday yesterday, as profit-taking swiftly eroded Monday's 5 per cent gains, dealers said. The CAC-40 index lost 19.38 points, or 1.14 per cent, to 1,680.34 by 1054 GMT. It opened above the 1,700 psychological level at
        140 words
      • Article
        BRUSSELS
        161 24 BELGIAN SHARES eased at the opening in nervous trading yesterday. Operators took profits after Monday's 6 per cent surge amid concern that diplomatic efforts to resolve the Gulf crisis might not succeed. One trader said price movements were dictated 95 per cent by the Gulf crisis, resulting in volatile
        161 words
      • Article
        Untitled
        45 24 Vienna A* 27 A*h Akg Holding 4400 -100 E AUgcrn (Pref) ***** 800 Jungbunzl ***** unch Laenderbank (Pref) 606 +4 Lmm 1302 +57 Levkam 490 +20 Montana ***** 200 Oesterr. Brau 3902 +185 Semperit 145 +6 Steyr 151 +i Veitschcr 830 +70 Source: Austrian Laenderbank
        45 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ recovers from all-time low as inflation fears recede
      1229 25 FQREX MARKET REPORTS THE US dollar recovered from an all-time traded low and a record Frankfurt fixing low to end near its pre-week-end close in quiet late business, with the absence of London traders keeping trade limited. UK markets were ckwed
      1,229 words
    • Article
      INTERBANK FOREX RATES
      390 25 Cross rites a»,2« USS SS MS Dm Yen SFr AS NZS USS 1.7710 2.6880 1.5465 143.20 0.5137 1.2690 1.2048 1.5873 SS 0.5647 1.5178 0.8732 0.8086 0.2901 0.7165 0.6803 0.8963 MS 0.3720 65.89 0.5753 0.5327 0.1911 0.4721 0.4482 0.5905 Dm 0.6466 1.1452 1.7381 92.60 0.3322 0.8206 0.7791 1.0264
      390 words
    • Article
      MONEY MARKET
      568 25 Interbank rates 91 Btd Offer Overnight 4 1/2 5 1-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 USt Bid Offer 7 days 8 1/16 8 3/16 1 month 8 1/16 8 3/16 2 months 8 1/16 8 3/16
      568 words
    • Article
      FINANCIAL FUTURES
      1575 25 SIMP CUmOOLLM Open High Low Sett Eat Vol Opflnt Vd Sep 90 91.89 9L92 9L88 9L90 2535 U*» 1005 Dcc 90 91.92 9198 91.90 91.91 ***** ***** 4039 Mar 91 91.14 91 8V 9183 91.84 5287 6827 1508 Jun 91 91.73 91.76 91.70 91.71 1762 1313 95 Sep
      1,575 words
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  • COMMODITIES
    • Article
      Lock icon Gold may recover to US$400 level, say Tokyo traders
      408 26 Reuter GOLD'S day may not yet be done despite its nosedive to a three-week low in New York on Monday, Tokyo gold traders said. There is still a chance that it will recover to US$4OO on safe-haven and inflationhedge buying, they
      Reuter  -  408 words
    • Article
      Lock icon Italian firm denies lobbying EC to ease maize squeeze
      274 26 Reuter FERRUZZI Finanziana Spa confirmed it signed a contract to supply a large amount of maize to a French starch manufacturer but denied it was lobbying the European Commission to ease an anticipated squeeze on maize supplies. "We have a deal
      Reuter  -  274 words
    • Article
      Malaysian tin price unchanged at M$ 15.65
      836 26 REPORTS THE Kuala Lumpur Tin Market was unchanged at M 515.65 per kg on some short covering activity. Despite the London Metal Exchange's overnight closure for a bank holiday, a dealer said "market players seem to have a slight interest in the market
      836 words
  • Article
    PRICES
    1273 26 Rubber Aug 281 1 1 11 ——I Noon Close Int 1 RSS Prompt 161.7V 162.75N Int 1 RSS Sep 90 161.75/162.75 Int 1 RSS Oct 162.00/163.00 Int 2 RSS OP 155.7VI57.75N Int 3 RSS OP I51.2V153.25N Int 4 RSS OP 147.2V149.25N Int 5 RSS OP I42.7VI44.75N I6l.00/162.00N I6I.OO/162.00N I6l.00/I62.00N
    1,273 words
  • Page 26 Advertisements
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      860 27 at? r—« eta wgt n» GA895 1235 JHaWa QF7 2035 SQ227 2250 tortiriw GA895 1235 KL814 1720 KL813 1455 SQ24 2200 Ml— QF015 2230 AmMM4 TE25 1800 TE28 1920 SQ388 2025 Wmatm Sari BM21 U05 SQ182 0915 |MM SQ181 1410 ***** 1205 BK29 2030 Bt430 2125
      860 words
    • Article, Illustration
      Festival embraces Pacific cultures
      751 27  -  LETTER FROM LOS ANGELES By Mervyn Rothsteim Back in 1988, when the innovative opera and theatre director Peter Sellars became director of the 1990 Los Angeles Festival, no one would have been shocked to hear that the festival would include Sellars directing the West Coast premiere
      751 words
    • Article
      MONEY CHANGER RATES
      153 27 As it 3pn yuttrday: Local dollar* to oar nit of foreign currency Currencies Bid Offer Australian dollar 1.465 I.49S Canadian dollar 1.3330 1.3330 NZ dollar 1.104 1.144 Sterling pound 3.4300 3.4600 US dollar 1.7610 1.7710 Local fattan to 100 mMs of foreign cwTeno Austrian schilling 13.80 16.90
      153 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      9 27 tcjrcInto r. I I! o I I I! AirCanada
      9 words
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      Page 27 Advertisements Column 2
      943 27 Q ™J First Interstate Bank of California CONSOLIDATED BALANCE SHEET COW.BATHI STATEMCTTS IF WCNME December 31 Year Ended OecemDer 31 (In thousands) 11M 1988 (In thousands) 1555 1988 Mmt Ikmk Cash and due from banks $2 515.5*3 S 2.619.856 Loans including fees $1,5*3,242 $1 442.993 Time deposils due from banks
      943 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      190 27 27 MRU against the Bank's cut in French friers (9) 23 Sir James cultivated a brigoid purchase (9) 7 Soviet citizen and Scots- er (6) 28 Southern general embar- man understanding British 24 An insignificant insult (6) rassed when given a dirty precipitation (9) look (6) 8 Russian port produces
      190 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      211 27 Singapore Outlook: Showers over several areas in the morning, aooa Report Max temp. 32.7* C Assoc humidity 67% Min temp. 21.2X1 Assoc humidity 88% Hrs of sunshine 8.55 Rainfall in mm 0.2 Rainfall this mth. 125.5 Rainy days this mth 10 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 14/08 Fair Bangkok
      211 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      22 27 (Tv*e cI£*NING U\t>»€S MRVG 6QD4 jowes uvws offcrgnt Ps6OUT\ \T 1 rm<? office TbD*y J f C CVEMNQ STAMOAM) CO. LTO, WW-
      22 words
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  • Article, Illustration
    Batam set to woo foreign investors
    361 28  -  Batam Industrial Park By Yong Pow Ang BATAM is ready to attract foreign investment to fill up its first industrial estate, one of eight planned for the island. The likely candidates are Japanese multi-national corporations, and Taiwan and South Korean investors. The chairman of
    361 words
  • Article
    Habibie explains Indon land law
    144 28 LAND OWNERSHIP in Batam and other Riau islands will be treated in the same way as in the rest of Indonesia, said the chairman of the Batam Industrial Development Authority, Professor B J Habibie, yesterday. Under Indonesian law, land cannot be acquired freehold but can
    144 words
  • Article, Illustration
    'Triangle has great potential'
    264 28  -  By Loh Hui Yin THE Johor-Batam-Singapore growth triangle could be the forerunner of a common market throughout Asean, along the lines of what the Benelux countries had done for the European common market. Pointing out the parallel yesterday, Indonesian Minister Dr BJ Habibie said that bccausc
    264 words
  • Article
    Lock icon Pervasive recession in Asia-Pacific unlikely: analysts
    365 28 AP THE CRISIS in the Middle East will slow down the engine of world growth, the Asia Pacific region, provoking higher inflation and possibly political unrest in the Philippines, analysts predict. But a region-wide recession is unlikely because of growing trade within the area
    AP  -  365 words
  • Article
    Lock icon Saunders gets five-year jail sentence
    378 28 Reuter A JUDGE in London yesterday sentenced former Guinness company chairman Ernest Saunders to five years in jail for rigging the share market to help the brewing giant win a takeover battle four years ago. Judge Denis Henry sentenced Saunders to five years for theft
    Reuter  -  378 words
  • Article
    Lock icon Keating rules out more interest rate cuts
    158 28 AFP AUSTRALIAN Treasurer Paul Keating yesterday ruled out further interest rate cuts following the July balance of payments figures as Australia's biggest bank, Westpac Banking Corp, cut its prime interest rate. He said the 33 per cent rise in the July current account
    AFP  -  158 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      391 28 i Baume Mercier GENEVE 1830 =b. SINGAPORE I A INSTITUTE OF j, v <- A MANAGEMENT I MASTER OF SCIENCE I IN I HUMAN RESOURCE MANAGEMENT I awarded by I THE STATE UNIVERSITY Of NEW JERSEY I RUTGERS I 2ND INTAKE I The increasing emphasis on HRM demands that HR
      391 words
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      Page 28 Advertisements Column 2
      269 28 JIL Baume Mercier GENEVE 1830 Saunders and associates face jail terms, Pg 6 Arthur Andersen Associates is organising a Treasury Management Seminar designed to review concepts, discuss organisational issues and analyse comparative practices. Dr. Sam Srinivasulu, a U.S. based specialist in global treasury consulting and consultant to several leading MNCs,
      269 words
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  • Shipping Times
    • Article
      Thailand's Mano group to proceed with plans to list subsidiary
      331 29 THAILAND'S Mano group, which owns Jutha Maritime, will press ahead with plans to float subsidiary CP Co on the country's stock market in spite of the Gulf crisis. Rear Admiral Chano Phenjati, chairman of the group, said the listing will
      331 words
    • Article, Illustration
      Brown & Root raises regional profile
      549 29  - Brown Root raises regional profile •t A J Leow BROWN A Root Inc, which scaled down its oil and gas operation* in South-east Asia during the early eighties, is gearing up to re-establish a strong presence in the region. The Halliburton subsidiary will increase its 180stroog workforce to some 230
      549 words
    • Article
      Minister hopes to float THAI within six months
      322 29 THAI Finance Minister Pramual Sabhavasu is seeking government support to list Thai Airways shares on the Securities Exchange of Thailand within six months. The Cabinet will look into the issue in the next two weeks. The Bangkok Post said Mr Pramual has
      322 words
    • Article
      Lock icon Tanzanian port faces poor prospects
      186 29 Reuter TANZANIA'S port of Dares Salaam faces a bleak future as its main user, Zambia, prepares to resume trade through South African ports, experts said. Zambia, which accounts for 68 per cent of the port's traffic, early this month lifted a ban on South African
      Reuter  -  186 words
    • Article, Illustration
      Shigeyuki Suzuki joins Hai Sun Hup board
      349 29  -  ■L Dexter Lee HAI SUN HUP (HSH) has appointed Shigeyuki Suzuki to its board of directors, a move sources said will help the listed shipping group break into the supertanker business. Mr Suzuki, a senior executive vice-president of Mitsui OSK Lines (MOL), heads
      349 words
    • Article
      Philippines offers Bangley Point for port development
      331 29 THE Aquino government has offered to the private sector the development of Bangley Point, a former American naval base, into an international bulk terminal and container port under a build-operate-transfer (BOT) scheme. The move, according to Transportation and Communications Secretary Oscar M Orbos,
      331 words
    • NEWS SUMMARY
      • Article
        Abu Dhabi to proceed with development plans
        71 29 THE Crown Prince of the Gulf state of Abu Dhabi has tokl his government to pint ahead with development plans despite the Gulf crisis. The official WAM news agency said Sheikh Khalifa Bin Ziad alNahayan told the executive council to continue existing plans.
        71 words
      • Article
        KLM determs Gulf flight
        87 29 KLM has detoured tome of its flights around the Gulf so that crews will no longer stay overnight in the region. KLM flights to the Far East, which previously made stopovers at airports in the Gulf, will instead fly via airports in Greeoe, India and Thailand,
        87 words
      • Article
        Running out of strenght
        38 29 THE trans-Pacific container trade has lost its momentum after the first three months of this year, and shipping lines expect the rest of the year to be slow compared with recent years. Page 2
        38 words
      • Article
        Suez Canal's traffic up slightly
        29 29 TRAFFIC increased slightly through the Suez Canal during the first 18 days of August as warships heading for the Gulf began using the waterway.
        29 words
      • Article
        Aqaba parts nears shutdown
        26 29 THE Jordanian Red Saa port of Aqaba is almost empty and all truck fleets are idle, Lloyd's Shipping Intelligence reported Back Pats
        26 words
      • Article
        EVA signs deal with BA
        28 29 EVA Airways has signed contracts with British Airways which will provide the Taiwanese carrier with a complete Maxipars computer software system. Back P^e
        28 words
    • LOG BOOK
      • Article
        THAI corporate revamp plan ready
        92 30 A THAI Airways International sub-committee has confirmed ACM Weera Kitchathom in his position as president and has a plan to reorganise the airline's corporate structure and reset employees' wage scales. The sub-committee for corporate reorganisation will submit its proposal for approval by THAI's board of
        92 words
      • Article
        Turkish satellite contract
        79 30 A EUROPEAN consortium led by France's Aerospatiale has won a contract to build and launch two telecommunications satellites for Turkey. Aerospatiale did not give the "Turksat" Contract's value but industrial sources put it at around two billion francs. The firm said its main partners in the consortium
        79 words
      • Article
        US Air won't comment on report
        81 30 'USAIR Group Inc has declined to comment on a report in the Dutch daily newspaper, Telesraaf, that USAir was interested in ordering 60 aircraft from Koninklijke Nederlanose Vliestuisenfabriek Fokker NV. USAir said it has talks with airplane manufacturers on an ongoing basis. Fokker has
        81 words
      • Article
        Westair to merge airline units
        79 30 WESTAIR Holding Inc will merge its two regional airline subsidiaries in a restructuring plan to cut costs. The comIpany said that following the merger of its NPA Inc and West Air Airlines subsidiaries, it will lay off up to 75 people from its administrative staff.
        79 words
      • Article
        New Inland Container chief
        76 30 WILLIAM B HOWES has been named the new executive president of Inland Container Corp, a unit of TempleInland Inc. Mr Howes will have direct responsibility for Inland's containerboard and container divisions as well as .the corporate engineering and technology division. Before this, Mr Howes had been
        76 words
      • Article
        UA plane lands safely
        72 30 THE CREW of a United Airlines Boeing 747 with 342 people on board landed the aircraft safely at the Los Angeles International Airport on Monday after the noselanding gear had refused to come down, officials said. Two passengers were slightly hurt sliding down the aircraft's emergency
        72 words
    • Article, Illustration
      Lock icon Running out of strength
      895 30 The trans-Pacific container trade has lost its momentum after the first three months of this year, and shipping lines expect the rest of the year to be slow compared with recent years Journal of Commerce CONTAINER volume in the twoway trade between the Far East and
      Journal of Commerce  -  895 words
    • Article
      Lock icon Japanese lines eye Vietnam trade pie
      308 30 Reuter TWO of Japan's Big Four shipping lines, Nippon Yusen Kaisha (NYK) and Kawasaki Kisen Kaisha (K-Line), are eyeing a larger slice of Vietnam's liner trade pie, now dominated by some Western and Asian lines, the Soviet Union and Vietnam. K-Line will expand its
      Reuter  -  308 words
    • Article
      TRANSPORT DIARY
      854 30 Aag 28-31: Offshore Northern Seas exhibition and conference, Stavanger, Norway. Sept 2-14: Anatomy of ship finance, Cambridge Academy of Transport course at Madiiwley Hall, Cambridge (Details: CAT 11 Hinton Way, Great Shdford, Cambridge CB2 SAX). Sept 4-7: Baltexpo *90, international exhibition and conference, Gdansk, Poland. (Details: Lloyd's of
      854 words
    • Article
      THE SHIPPING GUIDE
      12618 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
      12,618 words
    • Article
      AT CONVENTIONAL WHARVES
      473 45 »to »y Hi *tol *»■<— Rappfll HLlilu 02.09/2300 MMta 19/90 (P) *35 29.00/1700 Ml Nnll 01/90 K29 topi* 2S.08/2300 MR 01 *33 28.00/1S30 Mm 2 «WB CIO topi* 30.08/0600 Sm 3M/90 *32 topi* 2101/1200 KM 2MB *11 2108/2200 Ml (Mm 14/90* *15 topi* 27.00/2300 TimM (IB Ml
      473 words
    • Article
      CONTAINER SCHEDULE
      1112 45 yfjiwwb ar room roi cowtmheks um La c*«ao RKm* BwfcN/Bin> Mb 9* HM hm U Fw HOKM*K* ka 07/360 3 29/0700 29/1159 29/1400 4 29/1200 29/1459 29/1700 to 1M 1 21/1500 28/1659 28/1900 dm 28 1 21/1500 21/1659 21/1900 2 28/1700 29/0659 29/0900 4 29/1200 29/1459 29/1700 u
      1,112 words
    • Article
      DAILY FREIGHTS
      929 45 CHARTERING on the dry cargo freight market ended a quiet week's fixings with little business reported in all sectors of the market Yesterday's talk that one grain house had secured two grain shipments from the US Gulf to Japan at slightly easier rates remained unconfirmed. But levels of
      929 words
    • Article
      IN MALAYSIAN PORTS
      336 45 Nt Bn M Nrt m tag 2ft Unghu berth 1; Lodester Queen berth 2; Kyoei Mere No 1 berth 3; Kris Merubi berth 4; Cheung HN; berth 7A. KCT; GuN Bridp berth ft Kota Makmur berth 9; Tolaga Bay berth 10. IMh tat Ursus berth 11; kan
      336 words
    • Article
      Lock icon More warships sailing to Gulf use Suez Canal
      324 46 The Gulf Crisis AFP TRAFFIC increased slightly through the Suez Canal during the first 18 days of August as warships heading for the Gulf began using the waterway, an official spokesman said on Monday. But he warned that fewer commercial vessels could
      AFP  -  324 words
    • Article
      Lock icon Aqaba port nears shutdown: Lloyd's
      166 46 Reuter THE Jordanian Red Sea port of Aqaba is almost empty and all truck fleets are Lloyd's Shipping Intelligence reported. It said Jordan had ordered all shipping agents not to transit Iraqi cargoes through Aqaba except pharmaceuticals, medicine and foodstuffs on humanitarian grounds. Vessels were
      Reuter  -  166 words
    • Article
      Lock icon US rail freight rates may rise
      194 46 Reuter AN INCREASE in US rail freight rates due to the recent surge in diesel fuel prices will not be taken collectively. Chicago Board of Trade transportation manager John Dobrzynski said this compares with 1975, when the nation's rail carriers filed a fuel surcharge
      Reuter  -  194 words
    • Article
      EVA signs computer software contract with BA
      180 46 EVA Airways has signed contracts with British Airways which will provide the Taiwanese carrier with a complete Maxipars computer software system. The system is based on the current industry standard PARS/I PARS and handles passenger'reservations, ticketing, departure control procedures and other passenger services
      180 words
    • Article, Illustration
      Lock icon SAS blames costs for interim profit fall
      220 46 Reuter SCANDINAVIAN Airlines System said increased operating and capital costs were responsible for a drop in six-month profits before extraordinary items to 369 million crowns from 593 million. SAS group president Jan Carlzon said in a statement that extensive investments in new aircraft
      Reuter  -  220 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      143 29 I HI UNITED I ElilS UMMMsmcemaa Call Te1:*****33 Logbook, Pita 2 initiated the first regular container shipping service between Australia and South-East Asia back in 1977. In the 13 years since, we've seen a lot of competitors come. And go. Meanwhile, ANRO has grown to become the largest dedicated shipping
      143 words
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      Page 29 Advertisements Column 2
      24 29 Coatmv ScMrit 17 My Fiwtf* 17 MBttMNrtam 3 SNpp* Gam Mill SNp*« tot —17 Smpport T*n 17 TiMpaftOvy 2 WmSnt mi Sm Comftbom 17
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      202 30 NOTICE SINGAPORE-PORT KELANG, PENANG CONTAINER SERVICE RONKER SORCHARGE NOTICE TO ALL SHIPPERS B In view of the Middle East crisis which has brought about a sharp increase in bunker prices, we are now compelled to impose bunker y surcharge as follows: SIN-PKL-PEN and vice versa (SOC/COC Containers): Laden USDIO/20' USD2O/40'
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      13 30 Tkt Weekly Freight Report was not available due to a holiday in Lmmlm
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      63 30 NOTICE i M-V. TAIYO MAN" VOT.W InMftmmlMUl Conslfneee of all duni(td cttfOM aUm eaptlaMd w- Ml to hereby notified thai a Oeneral Surrey will be hold on the 30th Au«uct IM (Thure- day) at Keppel Wharvee K3O at 0000 hours UM hours. No further surrey will be entertained thereafter. A«mt>:
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      1425 31 iarwne shipping %lllf# 200 Cintooment Ro«! #'.2 06 SMttipouß, SMWOTI 0901 Alii#/ Tal *****11 TELEX NO rcsai ssMsri" LWJ k?«S JBHHH KNAM TEL (***** TELEX NO MA***** CFS TEI *****6 cXUA to CjMaHty Service HUM .^°SSaS^*^__ JZZZ 1,. pi- js i^n IMPORT (VIA FEEDER VSI FRO* KAOHSIUNG) EXPORT H M
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      1172 31 MDEXI TMDVERTISERS Madju Sdn Bhd 16 1/2 oMaenk Line 3 4/5 Mainfrcight IS 4 ABC Cootaineriine 13 3 MISC 14 1-3 Accord Shpg I 1-3 «kTm ShM Corp 9 1/2 Adkns Bminett 16 3 y.,, lir> liw 12 2 Albatroa Sea-Air 14 3 Meodelaaofan 4 4/3 Alfred C Toqjfer 13
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      2215 31 VmH Voy fTA j ETO •Fort *P«A«f»o Kalang DESTINATIONS ThM MN Meumwr M 100* CMwng Tim* hrtir >> cy (xoo HM M Nm era -Man HM M Tawv OAK LQa HOU MCM ATL MA CHB ML M. NVC MOM TOM MCKMNEY m! tOOS 4/S V 9 3tVS 1/S 22f» M
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      969 32 I ROTTERDAM/ I VOY NO S PORE P. KELANG SOUTHAMPTON HAMBURG BREMERMAVEW ANTWERP LE HAVRE I MONTE ROSA 0*902 30* 24/9 16/9 20/9 17/6 23/9 I HONG KONG EXPRESS 96/908 2/6 WD 21* I LIVERPOOL BAY 01/806 W 1/10 »2 J7/# 30/8 I TOLA OA RAY 11/800 9/9 26/9 26/9
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      401 32 PIR6PT SQVTHP^IFIC ALMfcCCWTINC CARGO VIA alwA TO: LAUrfii. fAaoTO. APIA NOKUALOAFA DIRFCT CHILE SERVICE SIN IOQ ANF VAP CORAL 26/9 3*Vlo 1/11 4/11 AIM aeeaotlßg Car«s Is CallM (Pw*) vis Valps AgeoP: motfOftaMMM L- 8. JAYA: OS-*****18 i (ASIA-SOUTH PACIFIC JOINT SERVICE) lIPOMI wmaybank vas in n u*. im. km*
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      746 32 I REGULAR MOCPCNOeMT RIU. CONTAMBI SERVICE WESTBOUND Wft EUROPE I J^ l "J 1 J WIVVOY SIN ALG Kl FEL W AT Ml IM NORAS4A KARL 9826-3 UP 22/ OS S3 2"! 25! 52! S3S 22! ?Jnl N. PRINCESS 9827-3 <*W ***** 01/ M 04/10 M/ 1* M£ MM MM
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      1574 33 SSSteamers Maritime Holdings Ltd SZ* p&o I PIM STRAITS SHIPPING I TOk Containers ACCEPTS DUE SAILS Hi iP Ktof S port IsiM M'burf B*lmm (Tilam Ltd CAUGO MM !mb MB vm an ho« mk la kk. sun. tm mnnhf MONTE WSA JS 5C2 T.BHUM-ZSnM JQpS 2MB IIAB W MAIAM RB(YMC
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      Page 33 Advertisements Column 2
      1507 33 TO: EUROPE TO: FAR EAST SP LM ROM HAH O'HVN FLX SPONE HK KAO KM M HAHJIN HAMBURC 002W 30* 17/1 11/* Mfl 21/0 22/1 HANJIN FELIXSTOWE WC l/l I/O 7/» W 13/1 HANJIN ROTTERDAM 010W 1/* 10/0 20/? 21/0 23/0 24/0 CHOYANC PARK 00K I*o 11/1 14/1 17/1 Mlft
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      354 33 pcSS^IETNAM; RO-RO SERVICE ■ETA SPORE 12/9/90 IETA HOCHIMINH 15/9/90 IM.V. "ORANGE MOON" Voy |RAMPWAV CAPACITY 50 TONS IIMLtNTERMARITIME I SOUTHERN AFRICA SERVICE I DIRECT MONTHLY SAJUNQ3 I KK SPORE PK PL DBN CT IsAPANCA Vt2* Sid 2/9 4/9 K/» 22/9 29/9 |*Al«o call* Ci_ P GENERAL AGENTS: HAI SUN HUP
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      543 34 CR NBR **********0-D EXPRESS SEMI-CfNTAIIIEIISNIP SERVICE VSiyyoY S'PORE JOW H'BURG BREMEN ANIwIRP KiC. ISg 1 lis, a FAST TRANSIT TISK ACCCFTVM BBEAKBULK/CONTABIENIB€D CARGO sag St* l> to ALSO ACCEPTING BOTH CONTAINERS. c SS^IS£ L £SSSSt nA T/S TO UK PORTS, HULL, LE HAVRE. OSLO, COPENHAGEN. AARHUS, SH EAST COAST SERVICE
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      Page 34 Advertisements Column 2
      877 34 /uS HANJIN SHIPPING \J*J FULL CONTAINER SERVICE Bliavaa Filmm fEEDER Mi SIN LME HAUL UX OAK HANJIN HAMBURG WW B4 1V» )V* W WJ 21fl 011X1'WN ME W J HANJIN ROTTERDAM UM lfl lW 2W 2W W CHOYAIIC PARK MK MN H UKJO ME W 7TU CHOVANG CHANCE BMW W
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      809 34 i i M MB B 1 k I B 1 IMB k IPKL SCP R KM IU W KT OR K m UX CM Ml WC W «W W M W W itsffss z s mssssatisssssii's'sitsl iSSSSS IIsBBT. "%»i»lSMl'S™ .2! JX 35 85 11 ALSO ACCEPTING CARGO TO I Q
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      1635 35 v NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR HO: **********0E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 SjSI. AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****022 DOCUMENTATION DEPT: *****44/ *****14 ■Q#* MW CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 ftjrpi ißic cnM oun MALAYSIA K.L-(03)
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      Page 35 Advertisements Column 2
      1071 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/ *****1 DISCHARGING IKM CASTMUHO IWW fp« WKTWP wnas wwAg |w» |mmhu huowb wim wuw hum nwa trjury mn aniwrp k. wwwtM nai &o
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      948 36 M-w r*" Vk V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR to: *****730W0M) \V\ 3\t KJ TEL: *****77 TELEX KAWAKIRS23I6S FAX: *****79 \M W m J U IT/ MALAYSIA HARPER MM SON IHO 1 Hb A TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. SGP
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      Page 36 Advertisements Column 2
      876 36 PHILI-ORIENT LINES PTE LTD I (The Complete NVOCC Package) e**?eiwil 1 SEPT MONTREAL OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. SEPT MY, WINNIPEG, ■J? ccpr SgfJli ABU DHABI REGINA, SASKATOON, oj CALGARY. EDMONTON, KELOWNA, KAIILOOPS, VERNON PENTICTON 31 AUG COLOMBO, KARACHI, BOMBAY, AND ALL INLAND t)£STINATK)NS 31 AUG MADRAS, CHITTAGONG, CALCUTTA 12
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      1549 37 PACIFIC INTERNATIONAL LINES (PTE) LTD SKEKW M 140 Cedi Street ilKttQO, Singapore 0106. I I I BANGKOK I vESSE. VOV SIN JKT MN VESSEL VOV SIN IKK SIN QOWA 6560 29/1 31/S PCOASUS PROGRESS C33N 1/t 4/9 t/t EOCN M 27 31« J" KOTA NAQA 17N W W KOTA MA
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      Page 37 Advertisements Column 2
      1111 37 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** >Bg»«S8 CONTAINER SERVICE TO M&XmHOIT r VESSEL |VOY SPORE PKLANT SHAMPTON| HAMBURG B'HAVEN R'DAM L'HAVRE Monte Rosa 09/502 30/8 24/9 18/9 20/9 17/9 23/9 Hong Kong Express 96/506 1/9 Via Toi
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      Page 37 Advertisements Column 3
      317 37 MYANMA H FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kdanf Pen AVA VIO3W IN PORT HER GUI VIOIW OW SEP MYOMAYWA VI3OW 10/13 SEP HPA-AN VIS4W 07fl0 SEP PATHEIN VIOSW IS/17 SEP THE BANK LINE (A service of Andrew Weir SM»ptn«) SEMI-CONTAINER SERVICE VI HEAVY LIFT
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      786 40 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG RST 0. GROTEWOHL IffO In Pt 22/1 24ff 23ff 2Sff 21/1 EUROPEAN SEN WFO37 (ff 1/10 3/10 *10 7/10 *10 H. CEGIELSKI W 12ff i/10 1/10 7/10 1/10 14/10 TOKYO
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      1079 40 a CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 CTWUMIMi MIKt It: FAR EAST PENANG 31/8 ft 7/9 BUSAN 2/9 ft 13/9 BANGKOK 2/9 ft 6/9 TOKYO 6/9 ft 13/9 MONO KONG 2/9 ft 5/9 YOKOHAMA 8/9 ft 13/9 KAOHSIUNG 2/9 ft 9/9 KOBE 6/9 ft 13/9 KEELUNG 2/9 ft 9/9
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      329 40 QHHHH LOA QINC FOR LOADING FOR BUENOS AIRES VESSEL SKNK cao MN OAIOCS ONIOEO BO KIT MOUA il iabama ui vi i» m v* w*— am MM] C. ISAOEI 10/10 WW 27m— *u 12/11 *W MOMU ■OSTWEENO 17/11 mi W 17(12 M/U M/ 12 V.TIA DISCHARGING FM BRAZIL ONLY SPOfIE
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      Page 40 Advertisements Column 4
      1189 40 r te B CHINA OCEAN SHIPPING COMPANY W 1 m rX&uS>im" M full CONTAINER LINER SERVICE SToomr CR NO: UWMOOOOM FAX: Z2UW JULI¥ ■■nnmiTll CABLE: COSTAALINI General Agents: OOITAIMPPINO FT* LTD VESSEUVOY Kf FIX ROT HAM ANT OKK VES»EI/VOV FIX ROT HAM ANT OKK liao huuh am vm am mm
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      943 41 lp, ™Tn®BIHHnBunBI T3EBliirTsrPTr^r TEL: *****33 (12 Unaa) m FAX: *****16/*****63 fti TELEX: RS ***** RIBHIP (3 Unaa) pP\ ETWOHAN SMPP6K UB f J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY CTA ILOAOMQ KM oowt NETSANET 20WB 1«/10 OARESSALAAM. MOMBASA. OJIBOUTI ASBAB. MASSAWA. HOOEIOAH AMOMET 21WB IS/11 DAftESSALAAM.
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      768 41 MASKAPAI PELAYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OTTtoRE, INDONESIA, MALAYSIA i THAILAND ALSO ACCEPTING LCI CARGO TO ALL DESTINATIONS. 1 WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 N <■ S WASPADA 37S 31/8 5/9 7/9 PUL SENTOSA 52S
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      551 41 BANGKOK CEBU/MANILA ■rainßßß WAWTA 8IM» Mil W* HO Sun Iff SO. ORIENT M IH W JBEJWE mi TW m *rn Iff WTI WW M 7ff l|ff HQ DtIA HUM# S7W frt gff mm Iff SO OtIOIT Vt Ufl Mfl Oft ■aha Hum m sm m m* st* |wti mom |i
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      301 41 TO AUSTRALIA/NEW ZEALAND i nuok s> 155 mm 55 ii «5 w lima *u ua! Su Si 5u mi HBSa" iw wu iru 15 "in uw la DATS TO MHJOUKNK TO USA/CANADA VS. Shppn Mm CMaka MM#h MB* TUT Exmn m m iu I*s *u 155 t mum is JOi
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      1049 42 SINWOBEIfwwT tel mtia iwht til aiwttf AAI'PENANG TEL: (04) *****6JKK TEL: (088) *****0] TAWAU TEL (089) *****9 P KELANG TEL: (03) *****771KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 [•2Nr/\"| j BAHRU TEL: (07) *****2 IsißU TEL: (084) *****2 LABUAN TEL (087) *****9 V-J \y J JAKARTA TEL: (21) *****7
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      500 42 BtBEtTABUNE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING PCL it LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCH URC H, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT PROSPECT OK 2 Sap 17 Sef Vl» 1J Se*
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      791 42 SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No; *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNE3) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH «sa |WT liti Inn una m [ni Iwr KIM SOON LI 34/906 1 SEP PENANG JENHOL 14/90E
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      Page 42 Advertisements Column 4
      277 42 IMANIAW «EKvica I Stnppar* Laadtag fcr- I IRAN EttSAN Aft/* Mr Attai I IRAN TEYTOURI JUHM R-d» Atta* I PMM un m M* u jss9ar nn( Li rmniiw i fftftfffftftf ixsuz mwfffliiit ■OtCLOS VI2 2M 1m ks?.& S«« js JS ss ma Cantral Ammkt Rica. Milium Aft CARGO FREIGHT SMPPMG
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      591 43 PERUANA DE VAPOREB "PERUVIAN STATE LINE" ACCEPTING BREAKBULWFCUSOC CARGOK TO/FRO* CALLAO MATARANI, ILO* A OTHER PERUVIAN PORTS* WITHT/S AT KOBE ON CPV THROUGH BILL OF LAOING. Pananf* P. Kalang Singapore SHAPLAEVERETT 02/04 Sapt OS/OS Sapt HURRAYEVERETT 16/11 Sapt 19/20 Sapt KARABIEVERETT 20/21 Sapt MfSV "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
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      Page 43 Advertisements Column 2
      548 43 VSL jj9Y_ t'WK miwmttn lax KIT lAV «YC_ MX_ 'SB™ r3l SSL ft|f f iim Melbourne me isrt mi narrow m» w» l/u *1 YOKOHAMA UC art tM HAIFA JVM *U W1 VU MfU Accwtin* caryi to IM USA MMlta. CwrltaM. (art Cam* MM. a Madam. An**. Mln. 25 ZIM
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      Page 43 Advertisements Column 3
      606 43 WSING HWANG HANG mm a nuwForrAT** rm ltd WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 31/8 3/8 JENWEL I 4/9 I I 7/9 VESSEL SPORE BANGKOK A VESSEL 31/8 3/8 A VESSEL V 9 7 9 DESTINATIONS *TA SINGAPORE PORT KELANQ 31 AUG MANILA SEPT HONG KONG. ALL CHINA
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      Page 43 Advertisements Column 4
      454 43 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA vesseL voy sw jkt sby powtiakak* TANTO SEJATI 15 31/08 03AM PELOPOR 967 01/09 04/09 TANTO SEJATI 17 05/09 06/09 PELOPOR 958 08/09 11/09 TANTO UTAMA 101 01/08 04/09 TANTO UTAMA 103 08/06 11/08 PRASETIA Pl 5 04/08 07/08
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      440 43 pa SIN FM EAST J 2/9 KEELUNG/KAOHSIUNG 1/9 BAN6KOK 1/9 MANILA/CEBU 1/9 JAKARTA/BELAWAN/SURABAYA 31/5 PORT KELANG/PENANG/E. Malaysia 2 3/9 BUSAN 2/9 TOKYO/YOKO/KOBE/NGO/OSA 3/9 HONG KONG sbo accepting car* to Hua ngpu /Shenzhen /F uzhou Xtamen/Xingang/Shanghai M EytfPE/yK 1/9 LDN/FLX/LVP/SOU 1/9 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumama/Po*and/Bulgana,'CMCh. J H
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      413 44 CB SHIPPING MARINE SERVICES queehsland/papua new guinea services 6MTMn/Ld/mEAKMIU SERVICE "ANKE" $ERVK?E SPE LAE MISIMA P.O.*. T'VILLE V.1758 n/9 1/10 3/10 6/10 6/10 BUNKER SURCHARGE EFFECTIVE 1/9/90 TEU U5025.50 B/BULK USD 2.50 LCL USO 1.50 SUBJECT REVIEW man mcotb fm an uuhtm .—'"t RLATOU PACIFIC I Tf{ SHIPPING SERVICES REGULAR
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      Page 44 Advertisements Column 2
      672 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE K.S V.15-90W 3/9/90 3/10/90 22/9/90 28/9/90 G.M. V.16CW90 10/9/90 2/10/90 4/10/90 9/10/90 V.V. V.16-90W 12/9/90 9/10/90 28/9/90 4/10/90 B.M.T V.17CW90 25/9/90 17/10/90 18/10/90 23/10/90 I.Y. V.17-90W 25/9/90 20/10/90 10/10/90 15/10/90 K.V.U. V.IBCW9O 3/10/90 25/10/90 27/10/90 1/11/90 K.M.
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      403 44 JB^OcEfinSt TO/FROft^^^T jjjjjj^^ AjO KL: allied-link SINGAPORE: JtfflWr 04-*****2 03-*****65 778 6822(22 lines) OTO Marina Onj Sumo Ng/CtwtaMna OOow .Dolly Mtrpuri/Etfhar Yap I MM ■I WW BMCB FROM SOUTH EAST ASIA I FAR EAST TO USG/BRA2IL/ARGENTINA MV NORTWEEN MOVA MV SUNDERLAND ENDEAVOUR TAWAU ETA 25/8 ETA SPORE 31/8 THEN KOTA
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      362 44 FCL/LCL SERVICES MANILA ETA > VIGOUR PACIFIC 14NB 3/9 VIGOUR PACIFIC 15WB 13/9 BANGKOK 2/9 9/9 BUSAN sfi 19/9 HON6KONG 2/9 4/9 DURBAN 7/9 19/9 KEELUN6 2/9 9>9 PT. LOUIS 7/9 19/9 PT. KELAN6 31/8 7/9 KOBE 3/9 10/9 PIRAEUS 4/9 12/9 OSAKA 4/9 11 *9 JAKARTA 31/8 3/9 SURABAYA
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      263 45 TIDES AND WEAIHER TORY'S TIDES m metre) >: UUUUUUUUUUUUUUUUMMUUUUUIj ff UUUUUUUUUUIiUUUUUUUUUII u-u li m uuuuuuuuuuuuuuuuuuuuuuiiij If u LI L 4 li U U U UU UU UUUUUUUII UUUUM SM lOlililiililillOUlilJUlJUUMUUUiJUUUlJ TOMOMOWS TIDES J. lIUUUUUUUUUUUUUUJIIIIIUJIIIIIUU If li LI li U L 4 1.4 L 4 13 L 4 1.4 L 4
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      407 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL •Iv SHIPPING CORP., KARACHI.. INDONESIA i 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. BAKRU JAMBI TBN 15/8
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      692 46 ▲.HYUNDAI MERCHANT MAWNE CO. LTD. EASTBOUND TO USA WETIOUWD FROM USA TO PBW voy sin hkc lbh oak sia chi FROM PSW voy lbh oak «a nkg sin HYUNDAI CHALLENGER ME 01/ M 01/IM M/M Z7/M 38/81 2S/BB HYUNDAI COMMANOCR IN W W W 1W HYUNDAI INNOVATOR 3SE «/N 13/N
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      Page 46 Advertisements Column 3
      378 46 ICHARTPOINTI Every Saturday in Business Times VSL ETA LOG FPU TOPAZ V.l/ 90 26/8 BANGKOK CICELIA V.4/90 30/8 YANGON TEL: *****83 FAX: *****36 TLX: ***** JNMARI UK/CONTINENT (TRIO) irroM rro* rauM rwn u» .n| ahmm. om mmm m 'u« a? vn 3 w» TOCA4A If HI "M tlj Vg cm
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