The Business Times, 5 September 1990

Microfilm: NL17107
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday September 5 1990 75*
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  • NEWS SUMMARY
    • Article
      UN food aid for foreigners who flee Iraq
      49 1 A UNITED NATIONS food agency announced yesterday that it will provide 3,446 tonnes of emergency food aid for foreigners who fled to Jordan from Kuwait and Iraq. The food, worth US$l.9 million, will be distributed to 120,000 people over 90 days.
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    • Article
      S'pore growth forecast
      48 1 SINGAPORE should chalk up a strong 8 per cent growth this year as rising oil prices and a weaker US market are likely to be offset by higher external and domestic demand and aboveaverage growth in productivity, a London-based research firm has predicted Page 2
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    • Article
      CRA bullish
      46 1 CRA LTD chairman John Ralph expects operating profits to strengthen in the second half after the company's equity-ac-counted net profit for the six months ended June 30 fell to A 5269.5 million from As37o million for the same period a year earlier Page 4
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    • Article
      Mercedes puzzled
      32 1 MERCEDES-BENZ AG has expressed puzzlement at a request by Spain's state-owned holding company INI for Bonn to approve a blocked takeover bid of Empresa Nacional de Autocamiones SA Page 5
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    • Article
      The rush to HK
      33 1 MAINLAND CHINESE are quickly filling the gap left by the exodus of Hongkong residents eager to get out ahead of Beijing's takeover of the territory in 1997 Page 8
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    • Article
      Radical Russian
      32 1 RUSSIAN President Boris Yeltsin is advocating a radical economic plan that would legalise private ownership of land and transfer many of the Soviet Union's powers to its republics. Page 11
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    • Article
      Untitled
      13 1 THE OLD ARAB ORDER PASSES 12 HARD TIMES FOR A DEAL MAKER 13
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    • Article
      Dazzling Graf
      31 1 STEFFI GRAF, the two-time defending champion, played almost perfectly on Monday to reach the quarter-finals of the US Open as she dazzled Jennifer Capriati with powerful groundstrokes Page 16
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    • Article
      Good days may end
      34 1 SHIPREPAIR, the backbone of Singapore's marine industry, is expected to bring in more money than ever before this year, but its good days may be numbered. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow down
      50 1 NEW YORK stock prices fell steeply in early trading yesterday as the market remained concerned about higher oil prices and the Iraqi standoff, analysts said. The Dow Jones average of 30 industrial stocks was down 26.49 points at 2,587.87 as of 10.30 am after one hour of trading.
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    • Article
      Footsie lower
      51 1 LONDON share prices were lower at midday yesterday with few buyers reported in the market. At 1110 GMT, the Financial Times-Stock Exchange 100-share index was down IB.S points or O.BS per cent at 2,148.1. At 1100 GMT, the narrower Financial Times 30-share index was down 14.9 points at
      51 words
    • Article
      KL interbank rates
      39 1 MALAYSIAN interbank interest rates are expected to rise by up to half a percentage point before the end of the year as the central bank, Bank Negara, mops up excess liquidity to check inflation Page 27
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    • Article
      Cold Store's record
      41 1 COLD STORAGE Holdings has reported a SO per cent jump in earnings to a record $23.17 million for the year ended June 30, on the back of strong growth in its retail, bakery and trading businesses Page 3
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    • Article, Illustration
      STOCK INDICES
      28 1 Taesday Chaage BT-MGA 634.70 -6.07 Kuala Lumpur ...530.82 +0.08 Hongkong 3.0S4.I6 -12.63 Tokyo 24,907.64 -512.79 Sydney 1493.5.1 -9.8 Mowlay Chaage New York closed London 2166.60 3.80
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    • Article
      CURRENCIES
      19 1 Exch—g» rates US$ S$ 1.7650 Yen S$ 1.2248 IbMiiii'ni' SSO.6559 Overnight 5 7/16 unch 3-montn 6 9/16 unch
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    • Article
      COMMODITIES
      34 1 Loadon Gold PM fix US$381.40 -US$5.35 S'poreOct.... 16l.25'/kg -0.50 Nrsia Oct 243.50*/kg unch KLlh Turnover 50 tonnes -37 Spot MS 15.12/kg -0.12 Cradc pain oil Turnover 492 lots -466 Sept M$663 /tonne unch
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  • Article
    Steep drop in housing loan applications
    526 1  -  By Alvin Tay THE number of housing loan applications at banks and finance companies has fallen drastically since the Iraqi invasion of Kuwait on Aug 2, with at least two major lenders reporting a 50 per cent fall in the number of applications each
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  • Article
    Lock icon Saddam sets terms for quitting Kuwait partially
    450 1 The Gulf Crisis Reuter IRAQI President Saddam Hussein is ready to quit Kuwait and release all hostages provided he gets a guarantee the US will not attack him and he can keep a strip of Kuwaiti territory, a Palestinian leader said yesterday. The
    Reuter  -  450 words
  • Article, Illustration
    Lock icon New Zealand elects third premier in 13 months
    400 1 AFP A TOUGH leadership battle inside New Zealand's besieged Labour government, facing an election on October 27, came to a climax yesterday when it elected its third prime minister in 13 months. In an unprecedented move so close to an election, Prime
    AFP  -  400 words
  • Article
    Asian bourses weaken further
    153 1 RENEWED uncertainty over the Gulf crisis and a sharp boost in oil prices yesterday sent prices on Asian stock markets lower for the second consecutive day. In Tokyo, the key 225share Nikkei index closed 512.79 points or 2.02 per cent down at 24,907.64, after falling 557.94
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  • Article, Illustration
    Heavy selling drags tin down to M$ 15.10
    314 1  -  By David Chew HEAVY SELLING by miners in the face of poor demand brought the price of tin down by a further 12 sen to a 46-month low of M 515.10 per kg on the Kuala Lumpur tin market (KLTM) yesterday.. And
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      202 1 HS© A Highfashionfabricsfrom ha(y Available at all leading tailors Aircraft Schedule 29 Money Changer Rates 29 World Mew 10.11 Commodtots 28 Money Market 27 Cryptic Crossword 29 Reponai News 7,8 Edtonal 12 Regional Stock Markets 25 For market indices, edtonai. Financial News 6 SES 20.21 advertising and oraiabon ex Focus
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    • Advertisement
      Page 1 Advertisements Column 2
      30 1 Population shift, Pg 11 The old Arab order passes, Pg 12 Local shipyards could be hit in the long term, Air express majors won't raise rates. Shipping Times Pg 1
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    • Advertisement
      Page 1 Advertisements Column 3
      129 1 AmßmaSr wbw Hp Available at a* leading Urtors 7 cuffi® Hty fashionJUrks/romhafy i~ The. complete story of the Cerebos takeover" Cerebos Pacific recently passed from British to Japanese hands. In an exclusive H interview with Business Times, the chief executive be considerably strengthened in the region TP a resu,t •>:
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Call to use Cyprus as gateway to Europe
        94 2 LOCAL businessmen can take advantage of Cyprus's strategic location as a gateway to Europe, the Middle East and North Africa, said the Minister for Commerce and Industry of Cyprus, Takis Nemitsas. The minister, who was leading a trade delegation to Singapore, also
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      • Article
        Can you place them please?
        76 2 THE Nanyang Technological Institute is inviting organisations in the banking, financial and insurance industries to offer places of attachment for undergraduates in banking and insurance. The periods of attachment for the second-year students is expected to last 10 weeks, beginning from March 11 next year.
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      • Article
        No smoking on these flights
        88 2 SINGAPORE Airlines is to extend its "no-smoking" policy to all services with a flight duration of four hours or less from Oct 28. The flights to be affected are services to Hongkong, Taipei, Manila, Madras, Cebu and Colombo. However, services to and from Europe and
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      • Article
        Part-time workers
        78 2 THE National Trades Union Congress has spelt out its guidelines for part-time workers to join unions and hold office. According to NTUC News, the workers must serve the company for more than three months and pay the union dues according to their monthly income, like holders of full-time
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      • Article
        Chingay competition
        86 2 THE closing date for entries for the Chingay Float Design Competition has been extended to Sep 21. According to a press release from the People's Association, the float design may reflect the theme of carnivals, festivals, fantasy, celebration and the 21st Century. Cash prizes will be awarded. The
        86 words
    • Article
      Hoare Govett predicts 8pc growth for Singapore
      415 2  -  By Kenneth James SINGAPORE should chalk up a strong 8 per cent growth this year as rising oil prices and a weaker US market are likely to be offset by higher external and domestic demand and above-average growth in productivity, a London-based research
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    • Article
      Lotus acts on illegally repackaged products
      119 2 LOTUS Development Singapore will replace illegally repackaged Lotus products from its distributor, Imagineering, to protect its customers and to ensure no misrepresentation of its software. Lotus Development, the Singapore arm of the giant US software manufacturer, made this announcement following investigations undertaken jointly by
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    • Article, Illustration
      Good outlook for building sector
      195 2 THE local construction industry has good short-term prospects despite the Gulf crisis and higher oil prices, the Senior Minister of State for National Development said yesterday. Construction demand is expected to continue to rise, Dr Lee Boon Yans told just qualified construction workers at a
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    • Article
      BG Lee on need to be vigilant even in tranquil times
      278 2 THE Gulf crisis has high* lighted the unpredictability of strategic developments, and untoward developments cannot be completely ruled out despite Asean's best efforts, the Second Minister for Defence (Services) BrigadierGeneral (Res) Lee Hsien Loong said yesterday. Peace in the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      140 2 CHARTPOINT Every Saturday in Business Times 7£ Canon >•' A 't v--- ',y ty 0 T- <v' i .•< i r i r, j I ;vj v. 1 V \p 1 >. ->' T» iiJsajß < >0 Small, smart and means big business at only $71*. i *-m*r compact, affordable
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Cold Storage chalks up record $23.17 m earnings
      454 3  -  By Elaine Koh COLD STORAGE Holdings has reported a 50 per cent jump in earnings to a record $23.17 million for the year ended June 30, on the back of strong growth in its retail, bakery and trading businesses. However, this will
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    • Article
      L&M wins $4m Taiwanese contract
      382 3  -  By Abdul Hadhi SPECIALIST contractor L&M Group Investments, which already has $40 million worth of contracts in Taiwan, has landed another valued at $4 million for the MRT system in Taipei. Speaking to BT, an L&M spokesman said: "The involvement in a foreign MRT project
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    • Article
      S'pore Fodder not aware of reason for price rise
      188 3 SINGAPORE FODDER is not aware of any reason for the dramatic increase in interest shown by investors in its shares recently. Replying to a query by the Stock Exchange of Singapore, its board of directors said yesterday that they were "not
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    • Article
      Beware of being caught in this dead cat's bounce, advises Fuller
      555 3 MARKET TALK HAVE YOU been getting a lot of buy recommendations from your stockbroker lately? Take your time. And hold on to cash if you don't want to be caught in a dead cat's bounce. A dead cat, it
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    • Article, Illustration
      New members of CIC announced
      163 3 THE Malaysian Finance Ministry yesterday announced the new composition of the Capital Issues Committee whose six members now include Ministry of Trade and Industry Secre-tary-General Datuk Haji Shaharuddin Haji Haron and Federal Flour Mills Berhad managing director Mr Oh Siew Nam. The chairman is Tan
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    • Article, Illustration
      Parkway's profit margins drop to 8.6pc
      369 3 A SET of interim results released by Parkway Holdings yesterday suggests that the property group continues to be plagued by an erosion of profit margins. For the six months ended June 30, Parkway chalked up a group operating profit before tax, minority interests and
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    • COMPANY BRIEFS
      • Article
        Magnum expects gain of M$ 70.5m from sale
        96 3 MAGNUM CORPORATION Bhd is expecting an extraordinary gain of MS7O.S2 million from the proposed disposal of the entire paid-up share capital of Sri Damansara Sdn Bhd to General Lumber Bhd. Magnum group chairman Datuk Lim Ah Tam said in a circular to
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      • Article
        Berjaya to develop Penang Hill
        75 3 BUKIT PINANG LEISURE Sdn Bhd, a new subsidiary of Beijaya Corporation (M) Bhd, has entered into a memorandum of understanding with the Pulau Pinang government to develop Penang Hill and its surrounding environment into a recreation-cum-holiday resort. Beijaya said in a statement yesterday that the
        75 words
      • Article
        Poly Glass oversubscribed
        75 3 POLY GLASS FIBRE (M) Bhd's public issue of 8.938 million shares at M 52.20 per share has been oversubscribed by 17.SS times. A total of 41,021 applications for 50.629 million shares with a value of M$ 111.38 million was received for the 2.729 million shares available for
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      • Article
        Shell Refining profit up
        73 3 SHELL REFINING COMPANY (FOM) Bhd yesterday reported a 12.S per cent jump in its operating pre-tax profit to MS 108.22 million for the half-year ended June 30, 1990, from M 596.24 million in the previous corresponding period. This was achieved on the back of a 34.7
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      • Article
        Minister increases AISB stake
        65 3 MALAYSIAN Health Minister Ng Cheng Kiat says he has increased his stake in Amalgamated Industrial Steel Berhad (AISB) to 27,285,316 shares through the acquisition of an additional 34,000 shares on Aug 22 and Aug 23, 1990. The 34,000 additional shares were purchased from the open market
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      • Article
        GCIH raises Sunshine stake
        50 3 GCIH PROPERTY Ltd, a wholly-owned subsidiary of Grand Central Investment Holdings pic, bought 1.15 million shares in Sunshine Allied Investments Ltd from Elders Finance Asia Ltd for nearly $5.2 million on Monday. This brings its stake in Sunshine from 12.98 per cent to 24.12 per cent.
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      100 3 r/K X Jl 1 r /l r 9BA /1 ■r IB /.I A |i| A a ffl B m m >^^IP« PL 1 A iJ VI ■V 11 A iII 1 1 ml II 1 WmU 1 VB 11 A flfl 1 n A *fl B\/ft 111 j^V^P ims H
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Fujitsu unveils 'world's fastest' mainframe
        99 4 FUJITSU LTD yesterday unveiled in Tokyo a new mainframe oomputer series it called the world's fastest. The presentation is one day before an expected unveiling by International Business Machines Corp of its new generation of mainframes and is the final Japanese mainframe entry as makers
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      • Article
        Swilynn has 89pc of Teletech
        116 4 SWILYNN INTERNATIONAL Holdings Ltd said in Hongkong yesterday that it had obtained control over 381.84 million shares, or 89.37 per cent, of the issued capital of .Teletech International Holdings Ltd. The listed video-cassette maker's hostile takeover bid for Teletech, a listed colour television manufacturer, closed
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      • Article
        INL in Gordon & Gotch deal
        118 4 INL in Gordon Gotch deal r. INDEPENDENT NEWSPAPERS LTD (INL) said in Welf/ lington yesterday that it had agreed to buy the New Zealand and Australian operations of magazine distributor Gordon and Gotch Ltd from News Corp Ltd unit News Ltd for NZ$2OO million. The deal included the purchase of
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      • Article
        C Itoh to set up Taipei venture
        120 4 TRADING FIRM C Itoh and Co Ltd will set up a jointly owned construction steel leasing firm in Taiwan in November, a company spokesman said. The new firm, as yet unnamed, will be capitalised at 1.2 billion yen. It will be owned 30.5
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      • Article
        Production not affected: Inco
        128 4 THERE WILL BE no immediate effect on production at Inco Ltd's nickel mine in Indonesia after a furnace exploded there last Friday because there was already a partial shutdown, a .(company spokesman said in Jakarta yesterday. But the ofifi- rial said the company was still investigating
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    • Article
      Lock icon MIM posts A$ 92m rise in profits on record copper sales
      241 4 AFP AUSTRALIAN mining group MIM on Monday reported a As 92 million (U5574.5 million) increase in profits to A 5295.5 million (US$239 million) for the year ending July 1, 1990. Announcing the figures, the chairman of MIM Holdings, Sir
      AFP  -  241 words
    • Article
      Lock icon Wharf Holdings expects to double profits in five years
      525 4 Reuter ONE OF Hongkong's biggest companies, Wharf (Holdings) Ltd, expects to double its net profits within five years. John Hung, Wharfs corporate affairs and group finance director, also said yesterday that the expected growth would come from a planned substantial increase
      Reuter  -  525 words
    • Article, Illustration
      Lock icon Ayala Corp cautious about second half
      320 4 Reuter THE PHILIPPINES' largest real estate company, Ayala Corp, expects a slowdown in investments and will take a cautious stance on operations in the second half of this year. Ayala Corp said the Middle East crisis and persistent threats of another coup attempt by
      Reuter  -  320 words
    • Article
      Saha Group to venture into real estate
      224 4 THE Saha Group, one of Thailand's biggest business groups, is enlarging its interests from manufacturing to real estate with at least five industrial estates, two hou*ing projects and one hotel. Saha Pathana Interholding company, the holding company of the group, will develop real
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    • Article
      Lock icon CRA expects stronger second half
      313 4 Reuter CRA LTD chairman John Ralph said yesterday that he expects operating profits to strengthen in the seoond half after the company's equityacoounted net profit for the six months ended June 30 fell to AJ269.5 million from AS37O million for the same period a year
      Reuter  -  313 words
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      Page 4 Advertisements Column 1
      193 4 A lOf .AT SHERATON lITTII THINGS MIAN A lOT AT SHEIATON UTTIt THINGS MIAN A 101 AT *:< I 'K' 2 0 O 1 X 4 O -.F-i" O j, •> 1f".% fv.'M different con erence 3rcss. ese j < > dssroora, O > \*vV. -J<; z Jl^ jfc m
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      Page 4 Advertisements Column 2
      120 4 r j|. "^1 This announcement appears as a matter of record only 4* r I 27 Augbst. 1990 I '<- fV i *if yj < i H 1 r 1 '/%-M FAIRBANKS HOLDINGS (PTE.) LTD; (Incorporated in the Republic of Singapore) v .v n I together with parties acting in
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Mercedes puzzled by request over Enasa
      383 5 Reuter MERCEDES-BENZ AG has expressed puzzlement at a request by Spain's state-owned holding company INI for Bonn to approve a blocked takeover bid of Empresa National de Autocamiones SA (Enasa). On Saturday, the Economics Ministry said in the official gazette that Instituto National de
      Reuter  -  383 words
    • Article
      Lock icon Continental's profits expected to drop by half
      438 5 Reuter THE 1990 group net profit of tyre maker Continental AG could be cut in half from 1989's 227.8 million marks, analysts said, after it reported a plunge in its first half prei- tax profits to 100.S million marks from 16S.S million c>:
      Reuter  -  438 words
    • Article
      Lock icon Hoechst expects sales to stay stable
      147 5 Reuter WEST GERMAN chemical ptwp Hoechst AG said it expected near term sales to remain at the levels reached in the first half of this year. "We expect ao considerable changes In the development of oar b—iarn in the next few months," Hoechst said
      Reuter  -  147 words
    • Article
      Lock icon Interim profit at Polly Peck soars 72 per cent
      265 5 AFP BRITISH conglomerate Polly Peck International, hit recently by controversy over chairman Asil Nadir's abortive attempt at a buyout, on Monday confounded its critics by announcing a 72 per cent hike in interim profit. The group, whose interests range from fruit
      AFP  -  265 words
    • Article
      Lock icon Irish court extends deadline for examiner to look into Goodman
      226 5 Reuter THE Irish High Court has given an examiner until Oct 10 to investigate the financial health of debt-ridden Good-' man International, Europe's largest meat exporter, which has been hit by the Gulf crisis. Accountant Peter Fitzpatrick, the examiner appointed
      Reuter  -  226 words
    • Article
      Chargeurs confirms interest in cinemas
      96 5 FRENCH HOLDING GROUP Chameur* SA has confirmed a Financial Times report last week mat it was interested in buying European cinemas owned by Giancario Parretti's Pathe Communications Corp. "We have been tfudying buying these assets sinoe buying Pathe Cinema from Parretti, in particular the cinema
      96 words
    • Article
      Krupp unit, E German firm tie up
      62 5 A UNIT of Fried Krupp GmbH said on Monday that it had set up a marketing and engineering joint venture with East Germany's Umformtechnik Erfurt GmbH. A spokesman at Fried Krupp said it would hokl 49 per cent and East Germany's Umformtechnik SI
      62 words
    • Article
      Technip buys Finnish stake
      107 5 TECHNIP, an oil refiner and engineering firm 33 per centowned by Ste National Elf Aquitaine, said in Paris on Monday that it would take a 14.29 per cent stake in Furnish engineering company NPL Engineering Oy for an undisclosed sum. It will take the stake via
      107 words
    • Article
      Meissen favours state control
      68 5 EAST GERMANY'S porcelain maker Meissen GmbH, founded in 1710, said it wants to remain a state-owned company after unification. "We were always governmentowned and that is what we want to stay," a Meissen spokeswoman told journalists. Meissen, recently converted into a company with limited liability (GmbH),
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    • Article
      EDF denies privatisation plan
      82 5 FRANCE'S state-owned Electridte de France (EDF) said its heavy debt load raised questions about its future financing capacity but denied trade union claims that it was discussing partial privatisation with the government "EDF officially denies (privatisation) talks are being conducted with the government There are no
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    • Article
      LVMH studying funding plan
      78 5 FRENCH luxury goods group LVMH Moet Hennessy Louis Vuitton SA, authorised by shareholders in June to raise five billion francs to help fund the purchase of shares in British brewer Guinness pic, is studying an issue of perpetual float-ing-rate notes, bankers said on Monday. A LVMH
      78 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      95 5 I a furnished watch single watch Singapore, Thong liiap the consistency of customer offers better service than because we I No has customers our exclusive Rolex collection. Withthe collection, various models of different styles and designs to suit all tastes. S«P^r AV 7 Wc intend to make every visit to
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  • FINANCIAL NEWS
    • Article, Illustration
      ECICS interim after-tax profit rises to $6.89 m
      442 6  -  By Quak Hiang Whai HIGHER investment income and steady claim recoveries during the first six months of this year have helped the Export Credit Insurance Corporation of Singapore (ECICS) to turn in a group profit after tax of $6.89 million at half
      442 words
    • Article
      Volatile markets sent Simex volume soaring last month
      330 6  -  By David Chew TOTAL volume on the Singapore International Monetary Exchange (Simex) soared to 734,148 contracts last month as a result of the volatile and unsettling conditions in world financial markets following the Gulf crisis. This monthly volume is the highest so
      330 words
    • SMALL CHANGE
      • Article
        Dai-Ichi Kangyo to increase prime rates
        96 6 DAI-ICHI Kangyo Bank, Ltd (DKB), the world's biggest bank, is to raise short-term prime rates by 0.625 percentage point to 8.0 per cent effective next week, banking sources said on Tuesday. The planned rate rise is aimed at coping with an increase of fund
        96 words
      • Article
        Sun Hung Kai raises funds
        97 6 A JAPANESE syndicate, led by Long-Term Credit Bank of Japan Ltd, Hokuriku Bank Ltd and Yokohama Bav Ltd, will provide a four-year loan of HKS3OO million, eqwralent to about six billion yen, to Sun Hung Kai Properties financial Services) Ltd of Hongkong, a LBJ spokesman
        97 words
      • Article
        Capital assurance from Waigel
        94 6 WEST GERMAN Finance Minister Theo Waigel said West German capital markets could handle increased government borrowing to finance German unification. In a television interview, Mr Waigel said: "The capital markets can handle what is needed." He did not elaborate. Last week, Waigel put East Germany's financing
        94 words
      • Article
        First Pacific offers discount
        85 6 HONGKONG'S First Pacific Bank is targeting a greater share of the home mortgage market by offering half a percentage point discount off the standard mortgage rate for certain homeowners, according to the South China Morning Post. Under the plan, qualified homeowners could receive a mortgage at
        85 words
    • Article
      Cho Hung starts offshore banking operations here
      213 6  -  By Diana Oon CHO HUNG Bank, South Korea's oldest bank, started operations as an offshore-li-censed bank in Singapore yesterday. It joins the Commercial Bank of Korea as the two Korean banks with offshore banking licences here. Of the other Korean banks in Singapore,
      213 words
    • Article
      Rothschild eyes more HK cash
      255 6 NM ROTHSCHILD and Sons is targeting Hongkong's HKSl.ll trillion cash deposit market, the South China Morning Post has reported. The United Kingdombased fund management house hopes to gain a larger portion of the Hongkong market by promoting its range of money market funds to local
      255 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      1213 6 e Cold Storage Holdings Ltd (Incorporated in Singapore) The Directors announce the audited results of the Group and the Company for the year ended 30th June 1990 ir 2 THE GROUP THE COMPANY 1990 1989 Chang* 1990 1989 Chang* tQQfI sooo IQQfI TURNOVER 442,251 378,137 __+!Z:9 =ss3ss PROFIT BEFORE TAXATION
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  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article
      Thai govt faces three main ills, says bank
      358 7 INFLATION, escalating oil prices and higher interest rates are the thiee main problems facing the Chatichai II Government, according to Thai Farmers Bank. According to The Bangkok Post, the bank's research office says that Prime Minster Chatichai Choonhavan may have succeeded in
      358 words
    • Article
      Ministers meet to discuss ways of saving energy
      440 7 THE THAI COUNCIL of Economic Ministers met on Monday to discuss energy conservation measures with the view of cuskioning the full impact of an increase in domestic oil prices as a result of the Gulf crisis, reported The Nation. Items on the
      440 words
    • Article
      Thailand may face oil storage problem
      251 7 THE THAI Petroleum Authority (PTT) will face a shortage of storage space if the Tkai government raises its mandatory reserves of crude oil and finished products, according to The Nation. PTT governor Dr Anat Arbhabhirama said that shouk the government adopt the new reserves
      251 words
    • Article, Illustration
      Lock icon Bombing suspects arrested
      54 7 Brigadier-General Marino Filart (left) of the Philippines* Capital Regional Command showing reporters the 113 sticks of dynamite and detonating cords taken from two bombing suspects Mario Villegas (second from left) and brother Anrelio (third from left), who were arrested at a checkpoint on the outskirts of Manila
      Reuter picture  -  54 words
    • Article
      Gulf crisis tearing up textile trade
      151 7 THE MONTH-LONG Persun Gulf crisis has cost Thailand's textile and garment industries millions, perhaps billions, of bahts in unpaid accounts, according to a Bangkok Post report. The low-grade textile and garment producer/exporters have been worst-hit, according to a Business Post survey, as these arc
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    • NOTE BOOK
      • Article
        Bangkok sees growth down at 7.4 pc next year
        78 7 HIGHER OIL PRICES will slow Thailand's economic growth to a real 7.4 per cent in 1991 against a revised 9.4 per cent this year and about 12 per cent in 1989, a Cabinet spokesman said. Quoting a government study, he said
        78 words
      • Article
        Thai-Laotian cooperation
        44 7 THAILAND AND LAOS are expected to work more closely in promoting tourism in future, according to a Bangkok Post report. Laos' newly-appointed director-general of tourism, Commerce and External Economic Relations Minister Baliene Khamdaranikorn, recently visited Tourism Authority of Thailand deputy-governor Scree Wangpaichitr.
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      • Article
        Mass transit project delayed
        37 7 A MASS TRANSIT PROJECT proposed a decade ago to ease Bangkok's traffic congestion has been delayed again, this time by Prime Minister Chatichai Choonhavan on grounds that some details remain to be studied.
        37 words
      • Article
        Cambodian reshuffle
        30 7 SENIOR OFFICIALS of a Cambodian coastal province have been suspended and others promoted in a government crackdown on corruption and waste, according to Phnom Penh radio announcement yesterday.
        30 words
      • Article
        The African attraction
        45 7 MALAYSIA wants to boost economic and trade ties with African countries, according to Foreign Minister Abu Hassan bin Omar said. It wants to formalise bilateral agreements to allow its central bank and those of African nations to guarantee import and export payments.
        45 words
    • Article
      Lock icon Mainland Chinese fill gap left by HK exodus
      369 8 AFP MAINLAND CHINESE are quickly filling the gap left by the exodus of Hongkong residents eager to get out ahead of Beijing's takeover of the territory in 1997. Close to 200,000 people have emigrated since 1984, when Britain and China signed a
      AFP  -  369 words
    • Article, Illustration
      Lock icon A good, firm start to easing confrontation
      34 8 Sooth Korea* Prime Minister Kang youitf-hooi (right) greeting North Koreas Premier Yoa Hyoag-mak oa his arrival? at Seoal s Intercoatiaental Hotel yesterday. Renter picture j Reuter picture
      Reuter picture  -  34 words
    • Article
      Call to amend Hongkong's liquidation law
      429 8 HONGKONG'S Standing Committee on Company Law Reform is looking into ways to amend the oolony's system of liquidating companies, according to the South China Morning Post. The powerful 21-member committee headed by Sir Derek Cons has recommended that the Financial Secretary "substantially" amend the
      429 words
    • Article
      Lock icon Crackdown on illegal firms
      275 8 Reuter TAIWAN cracked down on major illegal commodity futures houses on Monday in a bid to eliminate "degenerate money games" on the island, an Investigations Bureau spokesman said. He said more than 200 officers from the Ministry of Justice's Investigations Bureau fanned out to search 17
      Reuter  -  275 words
  • Page 7 Advertisements
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      159 7 YOU ARRIVE IN NEW YORK. YOUR DOCUMENTS FOR THE PRESENTATION DON'T. T A hey're in your hotel room in Tokyo. And it's forty-eight hours before the presentation. Relax.. Visa Gold's Document Delivery service will get them for you on time. More than documents, it delivers assurance. And from assurance comes
      159 words
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      222 8 s > I J I HOTEL MERIDIEN It's high time you discovered the other side of Singapore. For years, you've probably put up your beckons to whisk your clients away to new clients in the heart of downtown Singapore. horizons. But while they're here in the lap of But may
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      Page 8 Advertisements Column 2
      83 8 We offer for storing and distribution (Germany European Wide) a well Equipped Warehouse (Bonded if required) of 11, (XX) SQ Metres, 8.50 -Metre Height, Central bleating, Rail-Connection. Well Trained Highly Oua lifted Personnel is available for services in tne Import/Export Warehousing Transport Fie la. Please Contact: or HERMANN LUDWIG HERMANN
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      229 9 i Every Major American Company. Every Small Business. hf' Every One Man Operation. Every Church. Every Airport. Every Hotel. Every Garage. Every Farm. Every Lighthouse. Every Home. 1 ,b 111 rf. f* 6 StaWTCK&Cf CS 1 1 4 Kfl rauHß |Ittf KS n s -t V M¥w«^r I MK HI
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Yeltsin plan will legalise private ownership
      585 10 AP RUSSIAN President Boris Yeltsin is advocating a radical economic plan that would legalise private ownership of land and transfer many of the Soviet Union's powers to its republics. If approved by the Russian republic's Parliament, as Mr Yeltsin asked on Monday, the national
      AP  -  585 words
    • Article
      Lock icon Japanese cool to Soviet overtures
      420 10 Reuter JAPANESE business is expected to react coolly to overtures for more investment from Soviet Foreign Minister Eduard Shevardnaze during his visit to Japan starting yesterday. "The Soviets desperately need our capital and technology because Moscow has no money to develop the region. But, until
      Reuter  -  420 words
    • Article
      Lock icon Iraq using population shift to intimidate Kuwaitis
      609 11 The Gulf Crisis AP IRAQ has poured its citizens into Kuwait to try to intimit, date the population and may settle thousands there, according to Kuwaiti governr ment ministers. The ministers said on Monday that Iraq was continuing to pillage the country but
      AP  -  609 words
    • Article, Illustration
      Lock icon Caracas seeks US aid to build new refineries
      502 11 AFP CARACAS has asked the US Energy Department to help Venezuela build new petroleum refineries, Energy Minister Celestino Armas disclosed on Monday. The government hopes to boost by its refining capacity of 2.7 million barrels per day (bpd) by more than a
      AFP; Reuter photo  -  502 words
    • Article
      Lock icon Iraq suspends payment of foreign debt
      167 11 AP IRAQ on Monday suspended repayment of the country's massive foreign debt in response to the United Nations trade embargo, the official Iraqi News Agency reported. In another development, Iraqi Foreign Minister Tareq Aziz urged countries that have large numbers of expa- triates in
      AP  -  167 words
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      217 10 Wtry i to achieve tne 9* T bs I H same qualities t for your business. a a •jgmi ID* fuK Kj|kSn E JrP^ The services of IFS are designed to give you a financially healthy business enabling you to prosper from opportunities leading to a happy commercial future. Our
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      110 11 J Augutf. 1980 BANK PACIFIC DaIMiKI l#% a| I MIiAIIA* IM JOKOfIQ, KOPUDIIC OT inOOfWSKi US$ 35,000,000 Schuldschein due 1993 i Funds provided by DO BANK I /r"%\ I I @ursalmon,stujfed I I sedutfite creatas. I I behind closed doors? I I aKe f® ©Tt+QS I I in <PH&wasto. I
      110 words
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  • Article
    Making a good system better
    473 12 EDITORIAL IWENTY-FTVE years of independence have confirmed one enviable fact: as political systems go, this system But so much more is at stake now: not just survival but continued stability and prosperity for this and future generations. There is ckarly a vested interest by one
    473 words
  • WHAT THE OTHERS SAY
    • Article
      Law: quality is the key
      218 12 PRIME MINISTER Lee Kuan Yew's address to the Academy of Law last week is one of the most comprehensive reviews of the problems and challenges facing the legal profession in many years. Mr Lee also made several specific suggestions for improving the legal system. Many
      218 words
    • Article
      Feedback is all-important
      111 12 THE MOVE to enhance the powers of the proposed Elected President reflects the seriousness on the part of the government in wanting to ensure that Singapore will continue to be administered in the best possible manner. As the Bill introduced last week represents a fundamental change in
      111 words
    • Article
      Step in the right direction
      96 12 FOLLOWING FROM National Development Min- 'ister Mr S Dhanabalan's speech about discrimination vis-a-vis the Indian community, we would like to add that it is really a good sign that the issue is being debated openly. This has generated at the very least an awareness of
      96 words
  • REGIONAL VIEWPOINTS
    • Article
      Fine balancing act
      221 12 WHAT DOES privatisation mean to the government? First of all, it eases the administrative burden, especially in terms of personnel and expenditure. Secondly, the government gains financial relief from the side of its companies and from recurrent expenditure through lease payments and the corporate tax. Thirdly, privatisation
      221 words
    • Article
      A shadow over education
      100 12 THE SCARCITY of qualified teachers casts a shadow on the start of a new academic year. Education experts are seeking solutions to the problems of a system in which rote learning and mediocre teaching are too common, at a time of flux when more private schools
      100 words
    • Article
      Hope at last
      165 12 ATTEMPTS TO please all of the people all of the time are usually doomed from the start. But the agreement last week by the five permanent members of the United Nations Security Council on a possible Cambodian peace settlement goes a long way towards disproving US president
      165 words
  • Article, Illustration
    Lock icon The old Arab order passes
    1315 12 The Arab world cannot turn back the clock to relive the glorious days of its past. In the face of the Saddam Hussein's offering of Arab cohesion, the Arab world must reject his call of hostility against the West and seek reconciliation for the sake
    The Eoooomist  -  1,315 words
  • Page 12 Advertisements
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      94 12 POWER THEM WITH maxell. Maxell has batteries of every type WfILJ/TB to meet your every need-Silver oxide H9n9B batteries, Micro alkaline cells, Micro Bffpgj MM lithium cells, Manganese batteries Super lithium batteries. High power Last longer Superior leak resistance Longer shelf life I Wide operating range Great variety v^R/1 maxell.
      94 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      44 12 DOONESBURY BY GARRY TRUDEALJ pem.ru NO*TALKIN6 yCUUnRGHCMEFJIH tPBB UeLLUBAILHMOM J OHCB TO WG.JCHN £MJCUS,MHD NOT UtAUX UPTDSPR&. J THGRE CmSG&X)BBAR. SMA6W tUA9 A KEY AiCB TO nu iHASASONePUMOXr 568 NM.tUT LAXfSUASHBK GET BLOUJH *2*£!fe i lAcey OMBNPCfrr iwoNpmT,ANPi\eaa* rrmstrr sense or a*eucirt, xterrs Bsoepuu.
      44 words
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  • ANALYSIS
    • Article
      Lock icon Hard times for shrewd Wall Street deal maker
      849 13  -  Alison Leigh Cowan reports on the threat to the Morgan Stanley Group Inc Alison Leigh Cowan NYT PICTURE a company with a patchwork of ownership interests in assets collectively worth US$2O billion and that range from unglamorous textile and paper mills to
      NYT  -  849 words
    • Article, Illustration
      A deal's a deal, said the Japanese
      1283 13  -  John Bittleston, a key player in the Suntory-Cerebos mega deal, tells the behind-the-scenes story and how Cerebos's hand will be considerably strengthened in the region. Chuang Pedc Ming reports Chuang Peck Ming HIS pink bow-tie speaks volumes for John Bittleston's state of mind.
      1,283 words
    • Article, Illustration
      Lock icon Hurd instinct in the Gulf crisis
      610 13  -  The invasion of Kuwait has brought out the best in the British Foreign Secretary, enhancing his chances of succeeding Mrs Thatcher, writes Cnris Boian Chris Boian AFP WITH the Gulf crisis nearing its fifth week, British Foreign Secretary Douglas Hurd has emerged as the
      AFP  -  610 words
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      116 13 WHAT DOES IT TAKE TO MAKE 181 Music Lounge. fingers clicking. Besides the Where the eye-popping fashion show, we also make excitement of models on M" 4 c many j"fec ji parade, every Wednesday during HAPPY HOUR, /fIUD' t from 9pm, is a real treat. It with beer and standard
      116 words
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      157 14 E 7 r— il I v y^jy^^'t jv ~l^r(ocgsi|gi?p" ALICAFF MANSION s B s? 3 I 1 #/z invitation to the family IV the. place to patty. B no to, it s lestoiei an? I Effir Si to the public. Yeats on, theie s still no B; \J nee mote,
      157 words
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  • FOCUS
    • Article, Illustration
      Lock icon Japan switches on to the advent of the electric car
      765 15 Environmental anxieties, and now the Gulf crisis, are prompting the Japanese to increase their efforts in developing electric cars. And rising oil prices are making the hydrogen-powered car look more attractive as well. Reuter JAPAN, sensing that growing environmental anxieties
      Reuter  -  765 words
    • Article
      Lock icon Growing interest in hydrogen-powered cars as oil prices rise
      609 15 NYT ON THE surface, the hydrogen-powered car looks as if it were made by a malevolent Rube Goldberg. It backfires like the cars in the old comic movies. Its engine knocks incessantly. Its'fuel tanks are huge and unwieldy, yet it still
      NYT  -  609 words
  • Page 15 Advertisements
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      374 15 GObt> IDEAS KEEP COMING VP Our customers speak volumes about our copiers. Low volume Mid volume High volume p. Before you decide on a copier, check out what It's this kind of innovative technology and other copier users think. reliability that you get when you buy a Sharp copier. I
      374 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Steffi Graf demolishes Capriati easily
      1108 16 Agencies STEFFI GRAF, the two-time defending champion, played almost perfectly on Monday to reach the quarter-finals of the US Open as she dazzled 14-year-old Jennifer Capriati with powerful groundstrokes. Grafs 6-1, 6-2 victory at Flushing Meadows was complete in every respect, despite a packed crowd
      Agencies  -  1,108 words
    • Article
      Lock icon Daniel clinches second straight Rail Classic
      389 16 AP BETH DANIEL shot a 5-un-der-par 67 on Monday and beat Susan Sanders by three shots for her second straight Rail Charity Classic title and her fourth victory in the five LPGA tournaments. Daniels 1 U5545,000 share of the US$3OO,OOO purae increased her earnings
      AP  -  389 words
    • Article, Illustration
      Lock icon Top World Cup stars go back to the field again
      682 17 Reuter TWO MONTHS after the World Cup finals, many of the tournament's top players return to action on Sunday in the world's richest soccer league. Italy's 18 first division clubs bursting with 54 foreign players, including many signed during the
      Reuter  -  682 words
    • SIDE LINES
      • Article
        US team fails
        68 17 A DETERMINED assault by Carl Lewis and his team-mates on the world 4xloo-metre relay record set by the French squad last week failed at an international athletics meeting in Jerez, Spain, on Monday. Lewis and his Santa Monica track club colleagues Leroy Burrell, Floyd Heard and Mark
        68 words
      • Article
        Dhaenens sets record straight
        78 17 RUDY DHAENENS is on top of the cycling world after winning the professional road race title at the weekend. Yet two years ago the Belgian was the laughing stock of the sport after a crash in the Tour de France. But the 29-year-old finally set the
        78 words
      • Article
        Fouroux to be replaced
        60 17 JACQUES FOUROUX is to be replaced as coach of France's national rugby squad after nine years on the job. The French Rugby Federation said on Monday that Fouroux, who has faced criticism from rugby fans and the French media alike for the team's recent loss of
        60 words
      • Article
        For a change
        74 17 NEW ZEALAND'S new cricket captain Martin Crowe said yesterday that he would try to please the public for a change. His team, he said, would play attractive cricket. "This is something that has not happened in the last couple of years. Perhaps a few of us old
        74 words
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      Page 17 Advertisements Column 1
      391 17 V «£%gßk > t It's true! In celebration of winning the 1989 Komatsu worldwide Award of Excellence, Goldbell r7 TI GOLDBELL Engineering s giving new owners of Komatsu Forklifts the chance for an all-expenses paid holiday of a J lifetime to Japan. The trip will include a sight-seeing tour of
      391 words
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      1244 18 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE,DINE AND ENTERTAIN...WHERE TO WINE, DINE... THE TEA ROOM TAKES YOU SOUTH OF THE BORDER. It's fiesta time at The Tea from the Camino Real of Room. So grab your sombrero Mexico City. and come with us down September 3-16. Dinner Mexico
      1,244 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      652 18 TELEVISION AND RADIO A a 0 M-m ~~SBCI2 L 45 Musical latarlada. Excerpts i2t Wquk Prayar Cai. BUSINESS ON RADIO virtim nf Stalin Th vzjszs™™" VlCUiii ui oldiiii ssaars.o.a-* is Ha —_8.00 Trotsky (See Our Choice). 10 30 Saaanaadal Of Hm World 1100 WWf WrastSaa. Financial rsews ,00 1»0 The
      652 words
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  • LIFESTYLE
    • Article, Illustration
      That voice, those eyes
      737 19  -  Everyone knows how Placido Domingo transports his listeners with his enchanting singing. Gazing at the man up close, Cassandra How finds he speaks volumes with his eyes too Cassandra How THE WORLD'S master tenor arrived on time for the press conference, and he didn't have to
      737 words
    • Article, Illustration
      Holmes a Court's theatres not for said
      589 19 CHATTERBOX SUESTIONS on the future 13 leading London theatres have been raised by the death of Australian tycoon Robert Holmes a Coart on Sunday, but a family spokesman says the theatres are not for sale. The 13 theatres acoount for one quarter of
      589 words
  • Page 19 Advertisements
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      283 19 AND ENTERTAIN "There's More To Brussels Than Sprouts* Chef Perkot van Hauwermeiren BELGIAN GASTWONOMKJUE FAIR: SEPT J TO 11. BUSINESSMAN'S LUNCHEON: WIOO. PER PERSON. U NOON TO 2.30PM DINNER 7PM TO 10.30PM. From September 5 to 18, Brussels' famous Chef Pierrot van Hauwermeiren will show you what Belgium really has
      283 words
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      Page 19 Advertisements Column 2
      220 19 SINGAPORE'S RESTAURANTS ★RECOGNITION* TUNK-KA OF THAILAND Rated as one of the 100 BEST restaurants in Singapore, Tunk-ka of Thailand scored FULL MARKS for its food quality. It's the choice of Tatler's readers for the best place to eat in Singapore. At Tunk-ka, it's more than a matter of taste! 1
      220 words
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      Page 19 Advertisements Column 3
      55 19 The Clubs Chinese cuisine^Bv flavoured vEj iflHht the^Sl best of Thai. I Over 120 mouthwatering specialities I and an array of irresist i He Thai II desserts <5^ Gfc&r) HEKSEATIUJVCE mfs Jw restaurant 583 Orchard Road 101 Thomson Road #01-16 Forum DM #81-55 Unfted Square Singapore 0923 Singapore 1130 Tel
      55 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks close easier as investors stay away
      4618 20  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market yesterday closed modestly weaker in very thin volume as investors continued to stay on the sidelines, bringing trading volume down to the year s third lowest level. Dealers said the market generally
      4,618 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4322 21 Main Board Goodwood Park 1430 30 2.!% SPH Foreign 970 -1-10 +1.0% Apollo 1*3" +9 +5.2* Singatron 20* 96 +6 +6.7* Lum Chang Lou 88 +6 +7.3* Inno-Pac Wt 94 36 +6 20.0* Man 50* 690 3 +0.7* Sing Inv k Fin 190 +5 +2.7*
    4,322 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      85 22 Cifwy tela Yaar tormp Net Ntt Mratags Grtu mm to praM/tots (L) per than ('000) (otnto) Htm HUgs Aug 31 Mar 90 81.085(11.129) 5.4(5.6) 6(6) MJ Au| 31 0* 89 MJ20,413(119,771) 3.7a(3.6a) 3 la(3 ID Burwi Aug 30 Mir 90 HKJ30.081 ($70,067 8.1(21.7) 70(110) Mm loong Aug 21
      85 words
    • Article
      PRELIMINARY RESULTS
      188 22 Caapaay Data Yaar Gra«p pra-tax Nat aanfega firaaa aaa ta praflt/fcaa (L) par akara <tvMaa< (casta) > Com Plant Sap 1 )un 90 M$88,700($157,400) 6 3(11.9) 18.4(32) on 8M Sep 1 Jun 90 MI39.500($34,900) 7.1(7.2) 20(20) X&SmDv* Sep 1 Jun 90 M$811.400($505.300) 18.2(14.4) 29(22.7) Jy-tom UEP Sep 1
      188 words
    • Article
      DIVIDENDS ANNOUNCED
      856 22 Carrot Ex Mate Ml Htallar TataHv »■}■!■< data daaa paytli Hmymr tetyaar Mb IMp 6% Aug 28 Sep 7 Sep 26 6% 6% MM 2.5% Sep 14 Sep 28 Oct 27 2.5* 2* MM 10% Sep 21 Oct 5 Nw 1 10% 7.5%(«) Mm 7.5%TE(I) Oct 12 Oct
      856 words
    • Article
      INTERIM RESULTS
      247 22 Caa*aay Date HaH-yaar Craap pra-tax latarlai aaa to prafit/laas (L) flvMuad .0 COOO) Inch Kenneth Sep 3 Jwi 90 M$l,940($l,412) 30(25a) '.AS Aug 31 Jun 90 111.200(119.202) 6(6) 5 Space Land Aug 31 Jun 90 $15,504m($25,132o) .Sunre Pacific Aug 31 Jun 90 HK$2.101d($2.391d) 313(38.3) BAT Aug 30 Jun
      247 words
    • Article
      CORPORATE DEVELOPMENTS
      479 22 fcphw Orient lim set up a new wholly-owned subsidiary, Neptune Marine Consultanj; «y, in Singapore to offer consultancy services worldwide. bm Pidfc Hridhgs Ltd (IPH) announced a new substantial shareholder, Indonesia's Saiffl group. Through a series of transactions, the Satim group will end up holding 19.1% in PH
      479 words
    • Article
      RESULTS DUE
      425 22 Stogapars Stocks UUFMIYmr C«9«y taW 0* Tor M 91 tmm M Mym (TM) Lmm IM Mm M 30 OK 89 $351(10 OB Mm Apr 26 MM 93(a) 23TE(«) 4.747 FM Mm Jm 23 S# 90 35 S 18.0 62.868 MM Mm Ami 11 Die 90 4 6 110
      425 words
    • Article
      APPROVED ISSUES
      370 22 Company Right* hilt Ua Ma (H) ONn tar s* by or on bttalf of INUgM (M) BM of 25.2* stares by ny of i nghts altar to m*M toanMMan of W oa to» bass of tartar-one MH-S each. E*Mr M 20 Books do* A* 3 Accepting PayM Sep
      370 words
    • Article
      BONDS, LOANS & WARRANTS
      614 22 BONDS, LOANS WARRANTS QC m Baton 26/4/13 1 awat 0m H» aril ft—r lm Ca M 2/10/89 to 20/10/94 1 mm* ptotloivl wmwt 0m >1 art «<teato«l CtowUpitow Ctm lip ■> Mack 67 to 31/12/91 136 aonwto ptoi 11.55 git aw t* «m i/tm n 29/7/* 1 mm* pia 11
      614 words
    • Article
      PROPOSED ISSUES
      479 22 C—HMMiy Rights tow Mai One-torto* 102.00 per share CaHmyhw Caprtal reaction scheme to retece par wtoe of shares feoa $1.00 to 10 60: ftghts issue of 3:4 $0.(0 per stare OH One-tor-one M$4 00 per share Every tour n(hts shares would be issued with one TSR. EMS One-tor-two
      479 words
    • Article
      RECORD HIGHS & LOWS
      98 22 RECORD HIGHS LOWS BT Composite Index ST Mastriak fata 1990 1* 1435.43 (lfi/7/90) Jf 7 g?2£ 1990 tar *****3 (23/8/90) 22 H 12 x rSS2!! 1989 1322.00 (28/12/89) 22!? !X2 1989 far ***** (4/1/89) 1030.89 (4/1/89) 1988 1* *****6 8/8/88 *****7 1988 Sr 737*3 4/1/M 19M Inr 833J1 (4/1/88) »t»l*
      98 words
  • Page 22 Advertisements
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      45 22 I AT HOME WITH lli'iry'fiii ,i wl y)| PMMIMW^M a S JBjj||s| t* w [SittA. W I f ift^Ti^Sl^^P The latest news jPlfe *y and much more jr% From jm A%&* l\ lunch-time lßi Monday jb jßSaturday JH Jg? W^tWKm BE MSw mKKmi ,®;i «s* <«*
      45 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes slightly higher in dull trade
      3645 23 Bernama MBT AFTERNOON bargain hunting and speculative buying helped share prices on the Kuala Lumpur Stock Exchange to recover from early lows. The market closed mixed to slightly steadier after a day of lacklustre trading. The KLSE Composite Index added a mere 0.08
      Bernama; MBT  -  3,645 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      101 23 Property The property market has been forging ahead in the past two years. The question now is, will it hold? Business Times special supplement on property and construction looks at the trends in the residential, commercial, industrial, retail and hotel sectors. With Singapore companies looking further afield for opportunities, we
      101 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower on Middle East concerns
      2274 24 Reuter TOKYO STOCKS dosed lower for the second day running yesterday on concern over Middle East tensions and the higher oil prices and tighter credit that could result. Thin volume exaggerated the effects of the growing bearish sentiment, brokers said. "With interest rates
      Reuter  -  2,274 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Turnover slows as investors keep away
      2358 24 THE Hongkong bourse was barely active as investors steered clear on uncertainty over developments in the Middle East, brokers said "The low turnover reflects the uncertainty over the Middle East most institutions are still adopting a wait-and-see attitude," a broker at ChinTung Securities said.
      2,358 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks end lower on poor volume
      • Article
        AUSTRALIA
        900 25 THE AUSTRALIAN share market closed lower yesterday, influenced by a weaker Tokyo market and disappointment with the half year net profit result from mining house CRA. "The market was initially encouraged by the CRA result but when people ran through the numbers, they realised it was no better than
        900 words
      • Article
        TAIPEI
        365 25 THE TAIWAN stock index reversed early losses to close slightly higher yesterday on late buying in the finance and cement sectors. The weighted index finished 25.86 points up to close at 3,600.75 compared with Monday's 3,574.89 finish. Turnover was NTS33.I billion against NT536.2 billion. Dealers said bargain-hunting in the
        365 words
      • Article
        MANILA
        490 25 PHILIPPINE SHARE prices fell below new support levels on reaction to Monday night's bomb explosion, the 18th blast to hit the Philippine capital in three weeks. Manila's composite index closed 15.74 points lower at 732.42 yesterday. Prices were just establishing new support levels after the index hit the year's
        490 words
      • Article
        JAKARTA
        633 25 PRICES ON the Jakarta stock exchange ended mixed yesterday, with the composite index easing 5.08 points to 562.33 and turnover falling to 3.36 million shares from the previous 4.25 million. Bank Duta was the most traded on the regular market with 755,000 shares changing hands, but it fell 450
        633 words
      • Article
        WELLINGTON
        444 25 NEW ZEALAND shares closed lower yesterday on market jitters caused by Prime Minister Geoffrey Palmer's resignation yesterday morning and a weak opening on the Tokyo bourse. "Financial markets get natural jitters coming up to an election anyway and this has compounded things," said Dave Tetro of Ord Minnett (NZ).
        444 words
      • Article
        BANGKOK
        676 25 THAI STOCKS finished lower in volatile trade yesterday after mid-session gains in the banking and sectors were wiped out by late pftißtaking. The SET Index fell 28.20 points to end at 873.34 on turnover of 3.3 billion baht. Losses led gains 147 tojl2. Most active were Asia Securities, Miva
        676 words
      • Article
        Lock icon SEOUL
        821 25 Reuter SEOUL STOCKS edged down in «c3ve trade yesterday as investors reacted with dismay to rumours that 25 securities companies would clear unpaid and.insettled accounts in a lump sum by idling them at current prices. Ts»e composite stock index closed at 632.34, shedding 3.03 points from the previous session.
        Reuter  -  821 words
      • Article
        Untitled
        443 25 Close ftwlm +A S*4 SYDNEY All Odinanes Index 1493.5 1503.3 -9.8 All Industrials Index 2244.3 2266.7 -18.4 All Resources Index 908.5 912.0 -3.5 Turnover (million) 73.40 59.75 +13.65 BANGKOK SET Index 873.34 901.54 -28.20 Turnover (nearest *000) NA 56,120 JAKARTA Composite Index 562.33 567.41 -5 08 Turnover (nearest XX») 3.36
        443 words
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  • WORLD STOCK MARKETS
    • UK stocks higher in directionless trade
      • Article, Illustration
        LONDON
        887 26 tONDON EQUITY prices were sJight- ly firmer towards the end of a session Avoid of major news or direction on Monday. The market struggled to establish a clear-cut trend in the absence of US markets which were closed on Mon- day for Labour Day. Shares drew early inspiration from
        887 words
      • Article
        ZURICH
        273 26 SWISS SHARES were lower at midsession yesterday. Dealers said volume was light but had increased compared with the previous day. The all-share SPI index fell 11.7 points or 1.15 per cent to 1,006 while the SMI index of leading shares shed 15.1 points or 0.99 per cent to 1,512.2.
        273 words
      • Article
        MILAN
        146 26 ITALIAN SHARES slid to close sharply lower yesterday on continuing fears about the Gulf situation but brokers said the thin volume was amplifying the price movements. Brokers said they did not expect turnover to be much better than Monday's meagre 116 billion lire. "The volumes are ridiculous," one trader
        146 words
      • Article
        PARIS
        205 26 FRENCH SHARE prices stood sharply down in midday trading yesterday amid general pessimism over prospects of a solution to the Gulf crisis, dealers said. "There's a feeling of general disillusionment. Everyone's sitting on their hands and wondering where it's all going to end," said one trader. The CAC-40 index
        205 words
      • Article
        JOHANNESBURG
        396 26 THE JOHANNESBURG stock market was idle at midday yesterday in a repeat of Monday's aimless performance as investors, still preoccupied by events in the Middle East, waited uncertainly for fresh developments, dealers said. At noon the leading JSE indices were showing no significant change. The JSE all-gold index stood
        396 words
      • Article
        AMSTERDAM
        311 26 DUTCH SHARE prices sustained opening losses in dull midsession business yesterday as investors stayed at the sidelines waiting for the crisis in the Gulf to end. News that a Palestinian leader said Saddam Hussein was ready to negotiate and to withdraw from Kuwait if obtained certain guarantees was received
        311 words
      • Article
        Lock icon FRANKFURT
        425 26 Reuter WEST GERMAN shares slipped over 2 per cent in low volume trade yesterday as fears of higher interest rates in the wake of another rise in crude oil prices caused investors to sell stocks and led brokers to mark down prices. The DAX index of 30 leading shares
        Reuter  -  425 words
      • Article, Illustration
        Untitled
        925 26 Sep 3 Oom Pirtwn NEW YORK Dow Jones closed 2614.36 NYSE Financial dosed 124.33 SAP 500 dosed ***** Turnover (million) dosed 73.00 LONDON Financial Times 30 1687.40 1,693.6 -6.20 FTSE 100 2166.60 2,162.1 +3.80 Turnover (million) 134.4 337.3 -223.1 AMSTERDAM CBS General 180.90 179.70 +1.20 —HKU Stock Index 3360.91 5608.12
        925 words
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Page thumbnail Page 27
  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon NZ Reserve Bank raises inflation targets
      323 27 Reuter THE New Zealand Reserve Bank said it is on track to achieve between zero and 2 per cent annual inflation by December 1992, but it raised intermediate targets for 1990 and 1991 because of higher world oil prices. "The December 1992 target remains
      Reuter  -  323 words
    • Article
      Sterling firms slightly against US dollar in early London trade
      735 27 FOREX MARKET REPORTS THE British pound yesterday firmed slightly in London during morning trading against the US dollar and the German mark, supported by renewed speculation on sterling's full entry into the European Monetary System. After falling back markedly on
      735 words
    • Article
      INTERBANK FOREX RATES
      394 27 Cross rates scp4 USS SS MS Dm Yen SFr AS NZS USS 1.7650 2.6890 1.5800 144.00 0.5313 1.3140 1.2255 1.6207 SS 0.5666 1.5235 0.8952 0.8159 0.3010 0.7445 0.6943 0.9183 MS 0.3719 65.64 0.5876 0.5355 0.1976 0.4887 0.4557 0.6027 Dm ***** I.I 171 1.7019 91.14 0.3363 0.8316 0.7756
      394 words
    • Article
      MONEY MARKET
      553 27 Interbank rates S* Bid Offer Overnight 5 7/16 5 9/16 1-month 6 7/16 6 9/16 2-month 6 1/2 6 5/8 3-month 6 9/16 6 11/16 mode: 5-1/2 USt Bid Offer 7 days 8 8 1/8 1 month 8 8 1/8 2 months 8 8 1/8 3 months 8
      553 words
    • Article
      Lock icon Rise in M'sian interbank rates expected before year-end
      383 27 ReUter MALAYSIAN interbank interest rates are expected to rise by up to half a percentage point before the end of the year as the central bank, Bank Negara, mops up excess liquidity to check inflation, dealers said yesterday. Short-term interest rates have
      ReUter  -  383 words
    • Article
      FINANCIAL FUTURES
      1246 27 SImex mmmiM Open High Lw Sett Est Vol Op/lnt Vol Sep 90 91.98 9100 9L97 9100 983 ***** 760 Dec 90 92.04 92.06 92.04 92.06 5300 ***** 2937 Mar 91 91.98 92.00 91.97 91.99 2025 7523 952 Jun 91 91.83 91.84 91.82 91.84 178 1695 265 Sep 91
      1,246 words
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  • COMMODITIES
    • Article
      Thai ministry seeks higher gold quotas for 2 firms
      328 28 THAILAND'S Finance Ministry will ask the cabinet to approve a plan to liberalise gold imports and raise gold import quotas for two authorised firms, the Bangkok Post said. A source told the paper that former Finance Minister Pramual Sabhavasu had endorsed
      328 words
    • Article
      Lock icon Colombia, India call for revival of coffee export quotas
      335 28 Reuter THE Colombian and Indian representatives to the International Coffee Organisation (ICO) on Monday called for the revival of export quotas, suspended more than a year ago. "An international quota agreement would be the best solution for ensuring the well-being of
      Reuter  -  335 words
    • Article
      LME lead brings tin price to 46-month low
      849 28 REPORTS THE price of tin fell a further 12 sen to a 46-month low of M 515.10 per kg on heavy selling. Dealers said that following the lower close on the London Metal Exchange, the Kuala Lumpur Tin Market started with offers
      849 words
  • Article
    PRICES
    1272 28 Rubber m ■M(llHlHa») S ccnti/kg Noon Clot Int I RSSPrompt 16I.2VI62.25N 16I.2VI62.25N Int I RSS Oct 90 161.25/162.25 161.2VI62.23N Int I RSS Nov 161.75/162.7} I6I.7VI62.75N Int 2 RSS OP I54.50/156.50N I54.7VI56.75N Int 3 RSS OP l50.ayi52.00N I50.2VI52.25N Int 4 RSS OP I46.CXVI48.00 I46.2V148.25N Int 5 RSS OP I4I.50/I43.50N I4I.7VI43.75N
    1,272 words
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      Page 28 Advertisements Column 1
      862 28 NOTICES THE COMPANIES ACT. CAP 90 WMOUIITMfIM A PTE LTO Mubng of tha atwvanamad comply baiil on tha 31al day of August 1900. «w Mowing Spadßl RaaoMlon wm duty "THAT the Company be wound up MunHrty pursuant to Sactiqn 290(1)W of tha Companiaa Art, Cap. 50 and thai Mr Chang
      862 words
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      Page 28 Advertisements Column 2
      557 28 THE COMPANIES ACT, (CAP.) 50 AND IN THE MATTER OF HAN WING PTE LTD (Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of Han Wing Pte Ltd duly convened and held at 11.00 am. on the 4 September 1990 the following special resolution was duly passed "That
      557 words
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      Page 28 Advertisements Column 3
      15 28 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      985 29 Ctty n> FHM ETP Hia WMM GA895 1235 MtUUt QF7 2035 SQ227 2250 nulli ilill GA895 1235 KL814 1720 KL813 1455 SQ24 2200 T I QF015 2230 AaeMw4 TE25 1800 TE28 1920 SQ388 2025 tateM SQ182 0915 |mm SQ181 1410 BI429 2030 B1430 2125 Imtiiti QF72
      985 words
    • Article, Illustration
      A bastion of old world charm
      644 29  -  POSTCARD FROM MONTREUX By Nicholas Woodsworth LIKE MOST Swiss resorts that hug the steep hillsides along the northern shore of Lake Geneva, Montreux is a town where the clocks, finely-built as they are, might as well have stopped ticking before 1914. Bright red Ferraris
      644 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3p« yesterday: Local dollars to one unit of foreign cwrency Currencies Bid Offer Australian dollar 1.429 1.449 Canadian dollar 1.5140 1.5440 NZ dollar 1.0850 1.1150 Sterling pound 3.300 3.330 US dollar 1.7620 1.7720 Local dollars to 100 arts at forrtga currency Austrian schilling 15.60 16.60
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      26 29 Td Duratton Title Venue Onmacr T< > Sep 7-17 International Switzerland Schweuer Muster 61/6*6.20.20 l0 16 Sp 1 De Banxtone Far Mu«erme*e £ct££ 'I
      26 words
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      Page 29 Advertisements Column 1
      58 29 V/" —>y [hi person* cut\ iucmu\. 11, 11/ 1 I I hurnijs. iiul Sunita\. hjn^i I I II II W \irport Jt hour* anil jrrmnc it I i>ur H. M V. 1 W, I B l'i irvon lntcrn.)|p.>n.il \irp. rt the tullouirii; J.n. (jf) A I'. i: i: \i i'
      58 words
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      Page 29 Advertisements Column 2
      392 29 DU^KEWMWEM Let's face it doing business in today's competitive world is tough! Increasing labour costs, escalating rent, low profitmargins, high-taxes, poor returns in investment all go to make doing Dusiness and making a living difficult! TOPICS: O You can frame circumstances surrounding your business O Find power to get and
      392 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      229 29 reflection (4) 16 Turn a blind eye when —^H^Shl gets swindled (7) 17 Soft accompaniment to Tl Hindu psalm can hold one 18 Husband having an un- HH communicative disposition 23 anese money when tight 1 1 L_J 1 1 L—l 1 (5) 25 Only a fool takes cannabis 7
      229 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      218 29 Singapore Outlook; Partly cloudy with Shower* over a few areas ia the late morning and early afternoon. Report Max temp. 27.8* C Assoc humidity 85% Min temp. 23.1"C Assoc humidity...-—— 91% Hrs of sunshine 0.00 Rainfall in mm 12.7 Rainfall this mth 41.2 Rainy days this mth 4 World forecast
      218 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      50 29 Jyov/u,n*v€. C.Mr« rue *eer\ PW H ve Fl9H M KIDNEY ftNO ft &lASS OF 'I PC.LIWE.€>*RNOMeI/Wy U*U-> SffiSoSSf TCO+jologv I've.Btoorne nfprsr /3> COMPutntW 6MGROSSCP K y :t ato A f ft. tvenwrniNG JBfANese r£yir] J J*' J L /,V A O?) m==i Wv C EVCMMO STAMOAMO Ca LTD, IM3-IM* ItU
      50 words
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  • Article
    Manufacturing boom leads to higher demand for land
    424 30  -  By Schutz Lee THE buoyancy of the manufacturing sector led to a 35 per cent growth in the demand for industrial land in the year ending last March. Occupancy and allocation rates of both standard and flatted factories also increased as more
    424 words
  • Article
    Lock icon Tapes show former HK bourse head lied: lawyer
    215 30 Reuter FORMER Hongkong Stock Exchange chairman Ronald U was secretly tape recorded lying about his interest in Cathay Pacific Airways shares, a court in the British colony was told yesterday. Prosecutor Michael Kalisher said Li was recorded telling a meeting of the
    Reuter  -  215 words
  • Article, Illustration
    Lock icon Rain fails to dampen informal dialogue
    42 30 West German President Richard von Weizsaecker (right) listening to King Hussein of Jordan while walking under umbrellas in heavy rain on Monday. King Hussein was on a one-day visit to West Germany. Reuter picture Reuter picture
    Reuter picture  -  42 words
  • Article
    Lock icon Fed expected to ease money policy soon
    341 30 NYT THE FEDERAL RESERVE Board is likely to take the long-expected step to ease monetary policy in the next 10 days to two weeks, credit market analysts say. Recent interviews with Fed officials make it clear that the central bank would like to
    NYT  -  341 words
  • Article
    Who can buy residences in Batam, and who can't
    315 30  -  From Suzanne Soh in BATAM FOREIGNERS who do not qualify as investors or Batam residents under Indonesian regulations are not allowed to own residential properties in Batam. These rules on foreign ownership of residences on the Indonesian island were reiterated yesterday
    315 words
  • Article
    Thomson sub-contracts work to Indonesian factory
    241 30 THOMSON Consumer Electric of Singapore, which plans to set up operations in Batam next year, has already subcontracted work to an Indonesian factory in Batam. The factory, CV New Paris, is owned by an Indonesian businessman. It ships more than half a million units
    241 words
  • Article
    Lock icon Hun Sen must attend or we'll boycott talks: Khmer Rouge
    241 30 Reuter AFP THE KHMER ROUGE will boycott Cambodian peace talks scheduled for Jakarta this week unless Hun Sen, premier of the government in Phnom Penh, attends, a spokeswoman for the radical group said yesterday. Khieu Samphan, leader of the Khmer
    Reuter; AFP  -  241 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      283 30 JIL Baume Mercier GENEVE 1830 S^lli Streamline your warehouse, showroom and factory operations under one roof B Three-in-one concept -warehouse, showroom and factory under H Individual covered loading and unloading bay tor all-weather one root operations H Each tour-storey terrace factory unit with an area of about m |usf five
      283 words
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      Page 30 Advertisements Column 2
      82 30 OPPORTUNITY OP A LIFETIME FOB SALE HSU 888 This unique U.K. car registration mark Is available for immediate sale at £25,000 0.n.0. We can transfer this mark from our vehicle to any other vehicle registered In the United Kingdom. Don't miss this chance to enhance your Image with a distinctive
      82 words
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      Page 30 Advertisements Column 3
      413 30 Baume Mercier GENEVE 1830 0 SINGAPORE INSTITUTE OF MANAGEMENT MASTER OF SCIENCE I I IN I I HUMAN RESOURCE MANAGEMENT I I awarded by I I THE STATE UNfVEPSITY Of NEW JERSEY I I RUTGERS I I 2ND INTAKE I I The increasing emphasis on HRM demands that HR managers
      413 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Local shipyards could be hit in the long term
      519 31 The Gulf Crisis Reuter SHIPREPAIR, the backbone of Singapore's marine industry, is expected to bring in more money than ever before this year, but its good days may be numbered. "The Gulf crisis and a strengthening of the Singapore dollar could
      Reuter  -  519 words
    • Article
      DHL, TNT, UPS have no plans to raise rates
      193 31  -  By Selva Kumar ALL THREE air-express majors DHL, TNT Skypak and UPS gave assurances that they have no immediate intention to impose surcharges or raise their rates due to the Gulf crisis. A spokesman for DHL said: "There is no intention
      193 words
    • Article
      Lock icon Asiana Air orders 24 Boeing planes
      198 31 AFP ASIANA Airlines of South Korea has placed 24 firm orders plus 24 options with US aircraft-maker Boeing. The 24 firm orders covered several types of plane and were worth a total of US$3 billion, and the final bill could double that if all
      AFP  -  198 words
    • Article
      Lock icon NKK to bid for M'sian tanker project
      128 31 Reuter NKK CORP and other major Japanese shipbuilders will participate in separate tenders to build liquefied natural gas (LNG) tankers for Malaysia and the United Arab Emirates (UAE), an NKK spokesman said. Abu Dhabi Gas Liquefaction Co Ltd of the UAE tendered for
      Reuter  -  128 words
    • Article
      Lock icon Lufthansa, Pan Am reach agreement on Berlin flights
      280 31 Agencies PAN AM of the US will receive US$l5O million from Lufthansa under an in-princi-ple agreement for Pan Am to fly on the German carrier's behalf from West Germany to Berlin. Pan Am said that under the agreement, it expected that in
      Agencies  -  280 words
    • Article
      Lock icon Taiwan, Japan sign tax exemption accord
      94 31 AFP TAIWAN and Japan signed an air and sea freight tax exemption agreement yesterday, officials from Taiwan's Eak Asian Relations Association (EARA) said. EARA president Mah Soo-lay signed the agreement with Norishige Hasegawa, president of the Interchange Association of Japan, which represents Japan's interest
      AFP  -  94 words
    • Article
      Air express firms move into Indochina, E Europe
      372 31  -  By Selva Kumar THE AIR EXPRESS industry, which is expected to grow by 25 to 30 per cent this year, is rapidly making inroads into the emerging economies of Indochina and Eastern Europe. Leading the way into Indochina is DHL International, which
      372 words
    • Article
      Cora Princess owner to buy two more cruise ships
      250 31 HONGKONG'S Ming Ren Development Enterprises plans to expand its regional cruising business with the purchase of two more ships, having bought the Cora Princess (ex-Coral Princess) recently. Negotiations are underway with two parties in the Far East and Europe, but details
      250 words
    • NEWS SUMMARY
      • Article
        Seoul yard workers go on strike
        58 31 UNIONS at Hyundai Mipo Dockyard Co lid, South Korea's largest shiprepair company, are on strike to demand higher pay, a union spokesman said. The 2,000 woiken at the yard, an affiliate of the Hyundai Group, are demanding a 21.S per cent increase in annual
        58 words
      • Article
        Japan unlikely to follow Iata airfare rise soon
        98 31 JAPAN Air Lines and All Nippon Airways Co are unlikely to agree to raise prices on flights from Japan at least until October, airline spokesmen said yesterday. "We are waiting to see how the situation turns out. Rises in oil prices haven't
        98 words
      • Article
        A guide to Chinese arbitration
        21 31 A LOOK at some impticatioiS of arbitrating for shipowners doing business with charters*) in China. PmH
        21 words
      • Article
        Australia agrees to help China build ships
        43 31 AUSTRALIA agreed on Mooday to help China build ships, produce coal and upgrade poets during a visit to Beijing by Canberra's trade minister the fust Western minister to visit since last year's democracy crackdown Back Pace
        43 words
    • LOG BOOK
      • Article
        HK calls off search for cargo ship
        138 32 'HONGKONG*s Marine Department has called off an air-sea seaidi for a cargo ship believed to be carrying a crew of 17 Filipinos and five Hongkong Chinese, a government spokesman said (Hi Monday. He said the search was called off on Sunday after Royal
        138 words
      • Article
        Jutha to pay three-baht dividend
        86 32 THAILAND'S Jutha Maritime has decided to pay a threebaht dividend for the firm's common shares and debentures from July 1, 1989, to June 30, 1990. The company will also pay accrued dividend to holders of debentures at 10 per cent per annum for three years,
        86 words
      • Article
        Danish firm imposes surcharge
        73 32 DANISH shipping firm DFDS has imposed a 3.9 per cent oil surcharge, effective from Sep 3, on freight rates between Denmark and continental Europe and Denmark and other Scandinavian countries because of oil price rises due to the Middle East crisis. It said it based the
        73 words
      • Article
        Cruising with glasnost
        77 32 SOCIETY Expeditions said it plans to capitalise on the spirit of glasnost by becoming the first western cruise line to launch sailings to the Soviet Far East. The Seattle-based line said it expects to operate seven 12 to 21-day sailings from late June to September 1991. The
        77 words
      • Article
        Delta Air seeks new route
        62 32 DELTA Air Lines asked the US Department of Transportation to award it a new route between Atlanta and Manches.ter, England. The United States is allowed to designate two additional carriers to Manchester under an agreement signed with Britain earlier this year. Delta said an award
        62 words
      • Article
        Leasing firm orders Airbus planes
        77 32 THE European consortium Airbus Industrie said leasing company United Aviation Services has ordered two Airbus A3lO-300s and placed options on another three Airbus A3OO-600Rs. Airbus said in a statement that the A3lO-300s were due for delivery in mid-1994 and the A-300-600R in 1996. It did
        77 words
    • Article, Illustration
      Lock icon A guide to Chinese arbitration
      999 32  -  Mark Sachs, of Shanghai-based law firm Bull Housser Tupper, looks at some implications of arbitrating for shipowners doing business with charterers in China Mark Sachs Fairplay Before china's open-door policy was in place, Chinese state trading companies adopted a take-it-or-leave-it form of charterparty, either time
      Fairplay  -  999 words
    • Article
      Lock icon WEEKLY FREIGHTS
      583 32 AFP FREIGHT rates retreated on world shipping markets this past week. Very little business was closed because of uncertainty over the future level of bunker fuel prices during the Gulf crisis. The Baltic International Freight Futures Exchange (Biffex's) Baltic Freight Index (BFI) closed down 12 points on the
      AFP  -  583 words
    • Article
      Fixing the Philippine shiprepair industry
      532 32  -  Fria Al 0 Labita In MANILA THE Aquino government's lifting of the ban on entry of Soviet commercial vessels for repair is expected to rejuvenate the Philippines' financially ailing shiprepair industry, according to shipping sources. The state-owned Philippine Shipyard and Engineering Corp (Philseco), the country's
      532 words
    • Article
      THE SHIPPING GUIDE
      12654 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,654 words
    • Article
      DAILY FREIGHTS
      1084 47 THE DRY cargo freight market got off to a slow start this week with the US closed on Monday for a holiday and few significant fixtures were reported. Dealers said the market is still depressed by lack of enquiry with charterers content to wait for rates to stabilise
      1,084 words
    • Article
      AT CONVENTIONAL WHARVES
      480 47 H—I »Hi UnW Depart™ »T Irt Wwl Departat Kappii Winrm baMm 26/90 m o« 09/2330 0509/1500 Aims 9006 K29 atonprte 05.09/1500 10/90 P28 04.09/1930 06.09/1200 Ananpi Eag 2 K32 Jtoopde 07.09/0600 Ehsan PJL759 P3W 04.09/1100 05.09/0600 HmM 1 K30 atonpide 06.09/1500 29/90 P48 05.09/0700 05.09/2300 Kota Bartan
      480 words
    • Article
      CONTAINER SCHEDULE
      1133 47 RECBVWC OF EXPORT FCt CONTAINERS AND LCI CARGO Iteard Boatti/BMwt Wb SNp tay Hi Mod From To Fiwi I Aa Jedt 11A 1 03/1500 03/1659 03/1900 4 04/1200 04/1459 04/1700 Aa Lota 38 3 04/0700 04/1159 04/1400 4 04/1200 04/1459 04/1700 Mew 126N 1 03/1500 03/1659 03/1900 2
      1,133 words
    • Article
      IN MALAYSIAN PORTS
      295 47 Put M—g South Pert «i Sep 4: Hong Soon I berth 3; Thai Ho No 1 berth 4; Mas Venture berth 4; Pefcta berth 6; Pernas Safari berth 7; Kin Line No 1 berth 7A. KCT: GuM Bridie; M Tikhonov, Wind. Nwti Pert Jan Chuan berth 11;
      295 words
    • Article
      Lock icon Australia offers help to China
      387 48 AFP AUSTRALIA agreed on Monday to help China build ships, produce coal and upgrade ports during a visit to Beijing by Canberra's trade minister the first Western minister to visit since last year's democracy crackdown. But the Australian embassy in Beijing issued a statement saying
      AFP  -  387 words
    • Article
      Westfal offloading chemical tankers
      210 48 NORWAY'S Westfal Larsen Co AS has taken a further step towards divesting itself of its chemical tanker operations. The company has sold three of its four chemical tankers to partners involved in the UK-based Seachem Tanker pool. The sale follows that of 11 chemical tankers which
      210 words
    • Article
      Cabinet to decide on merger
      98 48 THE AUSTRALIAN Federal Cabinet meets tomorrow to decide on the future of telecommunications and airlines privatisation. It is expected to decide whether to accept a proposal from the Australian Minister for Transport and Communications, Mr Beazley, to merge OTC and Telecom, privatise the satellite carrier
      98 words
    • Article
      Indian ports register steady container growth
      161 48  -  From Shirish Nadkarn in BOMBAY INDIAN ports have recorded steady growth in container handling. Container traffic during 1988-89 totalled 512,804 boxes with S. 1 million tonnes of cargo. This compares with 464,121 boxes with 4.6 million tonnes of cargo in 1987-88. Bombay port led
      161 words
    • Article
      Indian union hits out at pay practices
      194 48  -  From Shirish Nadkarni in BOMBAY THE POOR pay conditions for Indiaa officers has led to certain "unethical" practices to inflate their pay. KE Sukhia, general-secre-tary of the Maritime Uaioa of India, said "there is a dandestine system of contractual employment through consolidating the
      194 words
    • Article
      Lock icon UN trade embargo against Baghdad paralyses Aqaba
      223 48 The Gulf Crisis AFP THE Jordanian port of Aqaba on the Red Sea, Iraq's principal maritime outlet, is currently paralysed as a United Nations Security Council trade embargo on Baghdad begins to take hold, port sources said on Monday. "Not a single ship
      AFP  -  223 words
    • Article
      Lock icon Toyota agrees to send its ships to Gulf
      116 48 AP TOYOTA spokesman Yoshiharu Tateishi said Toyota already has agreed with US shipowners that it would contribute its US-registered vessels to the Middle East effort upon US government request Of Toyota's 23 contracts, at least a few are for US-reg-istered ships, Tateishi
      AP  -  116 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      7 31 UN trade embargo paralyses Aqaba, Back Page
      7 words
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      Page 31 Advertisements Column 2
      436 31 I im UNITED ElilS !£ASM«ASOMCESfICUD Call Te1:<*****3 Contanw Scbatob 17 My f W MHtoMNriam 3 S*p«6i* Stop Pwt 17 a«piii_ 17 gagr* Competition in Leisure Industry Hots Up Leisure, pleasure, profits. Betting that these three go together, Singapore firms are falling over themselves to build resorts, theme parks, marinas and
      436 words
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      Page 32 Advertisements Column 1
      100 32 Property The property market has been forging ahead in the past two years. The question now is, will it hold? Business Times special supplement on property and construction looks at the trends in the residential, commercial, industrial, retail and hotel sectors. With Singapore companies looking further afield for opportunities, we
      100 words
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      Page 33 Advertisements Column 1
      1856 33 JAROINE SHIPPING %«ll## 200 Cantonment Row) #12-05 Soutttpont. Sin* port 0201 iHlw T«l 22mil TELEX NO RS Vy^K|S^K' ■VJrrrrM terhinal/cfs Toi *****11 220 FCwOu 7 BOOKINGS T»I *****34 235 L. \tisw A PiSAKA JAROINt SHIPPING AGCMIIS SON WO IfIKJ BMRA ss ffsumsjxs K, Quality S.-.wo Egjljßl Tmfni «m'«"«j sum"" >W
      1,856 words
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      Page 33 Advertisements Column 2
      1214 33 INDEX TOMWJTISERS Macrsk Line 3 4/5 Mainfrcight 15 4 ABC Containerline 13 5 aMISC 14 1-3 Accord Shpg 8 1-3 M'sia Shpg Corp 9 1/2 Adkris Business 16 3 Mercury Line 12 2 Albatros Sea-Air 14 5 Mendelssohn 4 4/5 Alfred CToepfer 15 5 Meng Horng Shpg 15 2 Ahrenkiei
      1,214 words
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      Page 33 Advertisements Column 3
      2287 33 4 .4 VNNI Voy ETA ETD 'Port *P«n«ng DESTINATIONS J TM« aMk M 9008 Cloalng Ton F««a«r by CY 11/***** MRS M Farce a CfS 1(y» aw HRB M Taure OAK LOB MOU MEM ATL MIA CHS BAL PHL MYC MOM TO* MATKULDt M 8000 11/9 1W M W 29,"9
      2,287 words
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      1004 34 H |a\vTA < ROTTERDAM/ < VOY WO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LIVERPOOL BAY 01/506 8/9 1/10 2V9 27/9 24/9 30« TOLA OA BAY 11/50# W 2W 27 30/9 KASUGA 11/506 13/9 8/10 2/10 4/10 1/10 7/10 CITY OF EDINBURGH 91/512 17/9 4/10 6/10 9/10
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      Page 34 Advertisements Column 2
      449 34 $QU™ PAj?lF|q SJRVIPE^ CORAL 26/9 11/10 15/10 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA 4 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CORAL 26/9 30/10 1/11 4/11 Alm accafbni Car«o to CallM (Nni) via Valpa Afl*nl»: SINGAPORE: 534M98 VS. JAYA: 03-*****20 j PKWANG: 04-*****7 JOHORE: 07-*****3^
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      Page 34 Advertisements Column 3
      1170 34 fcl jwagia *mw* REGULAR INDEPENDENT FULL CONTAMOI ROWICI WESTBOUND FOR EUROPE VSL VOY SIN ALG BCL FEL ROT ANT MAN ME LMA (VIA jgA jV* N. PRINCESS 9027-3 01/09 29/01 01/10 04/10 06/11 09/10 01/10 o*lo UM NORTH SEA 02IW 14/09 02.10 o*lo 10/10 12,10 15/10 U/10 11/10 17/ M
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      1655 35 SLjgSteamers Maritime Holdings Ltd Mwk. Containers ftM*—— ACCEPTS WJt SAILS Way *o Pni»n| Sport Stor Hburf fThtver IT Hun Mi r*»cn LKOfOOC BAY 01/505 T.MMMC* 06/Q) 01/10 Kffl 270! 24/09 30AB "T" 17 S» 11 Sm TOIA6A BAT 11/91 CIT-05/W OVB 22/09 29/08 01/10 BINTANC BELAIT Wtt Bint, Htri. KB
      1,655 words
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      Page 35 Advertisements Column 2
      1531 35 Ig: far east SP LH RDM HAM B'HVN FIX STORE HK KAO KOB BU CMOYANC CHANCE 040W 10/9 20/0 2M 30/0 2/10 3/10 CHOYANC PARK OOSE 10/9 13/0 14/0 17/0 20/0 HANJIN LEHAVRE 009W IS/0 3/10 4/10 5/10 7/10 0/10 HANJIN OAKLAND 009E 17/0 20/0 21/1 24/0 27/0 HAN N
      1,531 words
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      Page 35 Advertisements Column 3
      49 35 SENUM ttPPMG PTE LTi. 20-09, Tone Eng ttdg, 101 GmM S«. S'por# 0106. Tali *****12, *****13. *****36. Tatom. IS 2(266 Fo» *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA HAMIOAH 4/5 SEPT SIBU, KUCHING SENG LEONC 7/8 SEPT KUCHING, SIBU SRI ARIKA 1011 SEPT PENANG SENG LEONG 17/11 SEPT P. KELANG
      49 words
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      Page 35 Advertisements Column 4
      341 35 hocSSM^/ISNAB RO-RO SERVICE ETA SPORE 12/9/90 ETA HOCHIMINH 15/9/90! M.V. "ORANGE MOON" Voy 4 RAMPWAY CAPACITY 50 TONS IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PL DBN CT SAPANCA VK* SJd V» t/i Xfi 2W» W» •Alto calls LL PE GENERAL AGENTS: HAI SUN HUP CO. (PTE)
      341 words
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      572 36 U6YD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSLVOY S'POHi It'DAMf H'BURG BREMEN ANTWERP ADAM SKffISR IIKiJSi! SS Z JS FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO to MuosTMnt ANo anpftig ovgo to CmMho, Port Md, Port AtanM, Qm, Trtnto. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S .TO UK PORTS,
      572 words
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      Page 36 Advertisements Column 2
      712 36 IffiYHANJIN SHIPPING FULL CONTAINER SERVICE Sport LaHavr* R dan H'kurf B'havw F»to«r« FEEDER VSL SIN LINE HAUL LAX OAK CHOYANC CHANCE MM 100 2S/9 29/9 30/9 2/10 3/10 CMOYANC PARK NK 10/9 H CMEJO OME Sna 7/11 HANJIN LE HAVRE OMW 16/9 4ylo S, 10 6/10 1/10 9/10 HANJIN OAKLAND
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      Page 36 Advertisements Column 3
      1278 36 IPKL SCPHtt KSC KLC PUS NKT OSK OBTTO LAX CMS ML NYC UM AMI MM FU HK MP I I GENTRY RE-033 miMWIMnDWWWID VUUIUWtafUiUt p l|U HIHfUUAI lAll I CATHU B(-032 IM JW M M M 1/11 1/10 5/10 7/M 0/10 10/10 11/10 VU 2/11 IVU IVU IVU 17/11 I*ll
      1,278 words
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      Page 37 Advertisements Column 1
      1346 37 snipping limes, r-eanesaaj stpvemoer 9 inf NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NFPI IMP SDN BHD
      1,346 words
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      Page 37 Advertisements Column 2
      1247 37 SINSOV i SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****41 *****8 JOHORE BAHRU: *****1/ *****1 (hg(5ULAft IKibEEENPgNT Service) j #il |V|i I |H S I i DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND J ymtit WtUf.
      1,247 words
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      Page 38 Advertisements Column 1
      1424 38 11 "K' line KAWASAKI KISEN KAISHA. LTD. I EXPORT N. AMERICA -PACIFIC SOUTH-WEST ~7 IMPORT N. AMERICA PACIFIC SOUTH-WEST ~j rrrrif■ w™,, um ..am•Mymc lIS HnTuri vtm unv (UK oti BYT 7/ MOTOR VESSEL VOY HOUS LI (MX TUT TOOC* VOKI. VOY TUT SOP SSSMBi a Tu, «o BM B
      1,424 words
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      Page 38 Advertisements Column 2
      1024 38 V® PHILI-ORIENT LINES PTE LTD (The Complete NVOCC Package) 8 sept mohirwl, ottawa. rwtointr VANCOUVER S"WESTERN ONTARIO. or(vr CHARLESTON, CHICAGO, 7 SEPT DUBAI, DAMMAN, KUWAIT, DOHA, LONDON, THUNDER BAY, WINNIPEG, MUSCAT, BAHRAIN, ABU DHABI, REGINA, SASKATOON, 20 SEPT SHARJAH, JEDDAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON, PENTICTON 7 SEPT COLOMBO, KARACHI,
      1,024 words
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      1617 39 amppiug llines, nraiirsun; iicpvciiiucr i«m SSSSSS JEpJw PACIFIC INTERNATIONAL LINES (PTE) LTD J fg Jpp PIL Building, 140 Cecil Street ttttOO, Singapore 0106. 1 JAKARTA I I BANGKOK VESSEL VOY SM JKT SIN VESSEL VOV SIN BKK SIN EDEN 902* 7lt M 14/9 KOTA StNGA 25N M M 1M DELTA
      1,617 words
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      Page 39 Advertisements Column 2
      1135 39 r BEN LINE "CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** m EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSIE |VQY SPORE PKLANG S'HAMPTON HAMBURG BHAVEN ROAM L'HAVRE Liverpool Bay" 01/505 6/9 1/10 25/9 27/9 24/9 30/9 Toiaoa Bay+- 11/509 9/9 Via Cit
      1,135 words
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      Page 39 Advertisements Column 3
      319 39 MYANMA M FIVE STAR UNE ■V (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pen MERGUI VIOIW IN PT HPA-AN VIS4W 07/10 SEP PAGAN VI6IW 14/tt SEP PATHEIN VIOSW 14fl» SEP HPA-AN VISSW nn OCT g* THE BANK UNI (A e«rv»c«o« Andrew W*»rS«p*»i»fl) \W SEMI-CONTAINER SERVICE )jjj HEAVY LIFT
      319 words
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      Page 42 Advertisements Column 1
      789 42 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO I SIN I FIX BRV ROM ANT HBG RST EUROfUN SEN WFO37 tfl 1/10 3/10 VlO 7/10 *10 H. CECIELSKI «W 12/? 4/10 1/10 7/10 J/10 14/10 TOKYO SEN WFO4B Ufl 11/10 12/10 13/10 15/10 17/10
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      Page 42 Advertisements Column 2
      1115 42 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 ow cflwouMTim lamci it FAR EAST m 15/9 PENANG 7/9 14/9 BUSAN 13/9 19/9 BANGKOK 7/9 11/9 TOKYO 6/9 13/9 HONG KONG 7/9 9/9 YOKOHAMA 13/9 20/9 KAOHSIUNG 9/9 16/9 KOBE 13/9 20/9 KEELUNG 9/9 4 16/9 JAKARTA 9/9 16/9 SRI LANKA INDIA
      1,115 words
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      Page 42 Advertisements Column 3
      355 42 LOADING FPU LOADING FOR BUENOS AIRES VESSEL SPO*( CBO 08N (AIRES MVIMO RIO STS VIT PACUA C. ISABEL WfW 27(18 *U 12/11 Wll MOSTWEEN I 17/11 »11 VU 17/U *17 WU V.TBA DISCHARGING FM BRA2IL ONLY SPO«E I NNI NK KEE SUSAN TOM NGO KOS C ISABEL 1« 1M 2\n
      355 words
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      Page 42 Advertisements Column 4
      1379 42 gj i£. #f Si W CHINA OCEAN SHIPPING COMPANY ccssp TEL: *****00 im SsV«SiJS&?m m CONTAINER LINER SERVICE mEX fUlSm*"' ThO lS CABU: COSTARUNE General Agents: COTTAR SHIPPING PIE LTD to WHOM r momunon r~ VESSEL/VOY SCP TLX HOT HAM AWT OttK VESSEL/VOY FIX HOT HMI AWT WW SHA ME.ttW
      1,379 words
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      Page 43 Advertisements Column 1
      679 43 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 t Competitive Rates!! ETA USA All IPI Destns 8/9, 15/9 I EUROPE all Ports 7/9, 14/9 BANGKOK 9/9, 12 9 HONGKONG/CHINA 10/9, 15/9 SYD, MEL, ADEL, BRIS 12/9, 20/9 FREMANTLE 7/9, 14/9 MANILA 7/9, 14/9 PKLG/PENANG 8/9, 12/9 Port Kaiang Brand) Tel:
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      Page 43 Advertisements Column 2
      255 43 STRRLD MARINE AGENCIES (S) PTE LTD VfV TEL: *****33 (12 Unaa) rn FAX: fH TELEX: R8 ***** RIBHIP (3 Unaa) [HftA ETHIOPIAN SHIPPING UWB Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV LOADING Ft* NETSANET MM XVIO OAAESSALAAM MOMBASA. DJIBOUTI ASSAB. MASSAWA. MOOCCAM ANO4NET 21WB 15/11 OARESSALAAM
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      Page 43 Advertisements Column 3
      771 43 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OTTPORE. INDONESIA, MALAYSIA 4 THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPCCARGO FORWARDING AT TEL: *****55 MM. VSL VOYSIN JKT PAJ SIN I OKUNO2E 94S 7/9 10/9 U/9
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      Page 43 Advertisements Column 4
      583 43 BANGKOK CEBU/MAMLA UffM) UMW (IHAAMMI liMfiVM milfl ijri If MMMf I MMI I MiMMi jiNwrwt TCwU »v' NANTA BHUM 0E W«d In Ft Sat 0/0 KITI HUM 7/1 13/0 Uff MAMA BHUMf 25N Sun 0/0 Wd 12/0 SO ORIENT 37R 14/0 Mff 22/» CMAIYA BHUM# BBN Mow M/ 0 Th«r
      583 words
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      Page 43 Advertisements Column 5
      377 43 L^ aaM Jj TO AUSTRALIA/NEW ZEALAND [""55 [Tli»p»ir<|Fr—Mi tnt amssaT aji m 55 55 W» l nuows mi m» p?5 55 "55 W ttusta m vu Sal am nm 5m »m c. voouk S~ ml im 55 w mi am U DATS TO MELBOURNE! TO USA/CANADA fwi |tii»nn on— [cmni*.
      377 words
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      Page 44 Advertisements Column 1
      1200 44 MAC-NELS SINGAPORE fwiiT to: «m« I mm«t ia= anwTl PENANG TEL: (04) *****6 KK TEL: (088' *****0 TAWAU TEL: (089) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 I «r\::/\~-H J. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 >
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      Page 44 Advertisements Column 2
      530 44 BLUE star line SINGAPORE TO J NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL ft LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT MANOAMA 090 11 Sap BSij Via NPL X
      530 words
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      Page 44 Advertisements Column 3
      1164 44 /££ITHONG 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 LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mm |wt in Ikit una m I eti liar KIM SOON LI 35/90E 8 SEP PENAN6 JENHOL
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      Page 45 Advertisements Column 1
      693 45 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FRO* CALLAO, MATARANI, ILO* A OTHER PERUVIAN PORTS' WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Panint* P. Kelang Singapore SHAPLAEVERETT In Pt/06 07/00 Sapt MURRAYEVERETT 11/20 S«pt 21/23 S««t KARABIEVERETT- 23/24 25/2® S«* Oi*ch) 03/05 Oct loading)
      693 words
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      Page 45 Advertisements Column 2
      593 45 VSI |VOY [S PORE fcIAINLINER [LAX |KST [SAV [NYC [NEtTI lEEWARO ME lU/9 ZM NEWYORK lift# CTflO MfM 1/11 3/11 Z«l MELBOURNE DM 1M ZIM NCWYORK I*lo Z7/10 »10 1/U 3(11 ZIM YOKOHAMA DX CM ZIM HAIFA 8/M «11 Ml «U MfU ZIM PIRAEUS 12V 1110 ZIM KEELUNG UfU Q/U
      593 words
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      Page 45 Advertisements Column 3
      597 45 MSING KWAN6 HANG 9W19 THAMPOMTATION (TTK) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 8/9 11/9 I7ENWEL 6/9 I— M VESSEL SPORE BANGKOK A VESSEL 6/9 9j> A VESSEL 9 9 12 9 DESTINATIONS ETA SINGAPORE PORT KELANG 7 SEPT MANILA 8 SEPT HONG KONG, ALL CHINA PORTS 7
      597 words
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      Page 45 Advertisements Column 4
      501 45 ns PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOV SIM JKT SBV POMTIAHAK* TANTO SEJATI 17 05/09 08/09 DERAJAT 901 06/09 11/09 TANTO SEJATI 19 12/09 15/09 DERAJAT 902 15/09 18/09 TANTO UTAMA 103 08/09 11/09 TANTO UTAMA 105 15/09 18/09 TANTO UTAMA 107
      501 words
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      Page 45 Advertisements Column 5
      403 45 HI FAI EAf T 9/9 KEELUNG/KAOHSIUN6 8/9 BANGKOK 8/9 MANILA/CEBU 8/9 JAKARTA/BELAWAN/SURABAYA 7/9 PORT KELANG/PENANG/E. Malaysia 7/9 BUSAN 7/9 TOKYO/YOKO/KOBE/NGO/OSA 5/9 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xmgang/Shanghai l!H fiPi/w 8/9 LDN/FLX/LVP/SOU 8/9 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poiand/Buigaria/Czech. SIN USA/CANAOA 1/9 LOS ANGELES/NEW YORK all IPI
      403 words
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      Page 46 Advertisements Column 1
      287 46 "Si CB SHIPPING I 8 MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CMTMNBt/LCL/MEAKBUIK SfHVICf "ANKE" SERVICE SP£ LAE MISIMA POM. T'VILLE V.1758 20-21/9 30/9 4/10 7/10 11/10 BUNKER SURCHARGE EFFECTIVE 1/9/90 TFU U5025.50 B/BULK USD 2 50 LCL USO 150 SUBJECT REVIEW MMMKS ACCEPTED FM EAST MUMATM u H*m iw
      287 words
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      Page 46 Advertisements Column 2
      838 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE MAPLES GENOA B.YICNEVBK MERSM TRIESTE GM V.IOCW9O 10/9/90 2/10/90 4/10/90 9/10/90 V.V. V 16-90W 10/9/90 9/10/90 28/9/90 4/10/90 BMT VI7CW9O 25/9/90 17/10/90 18/10/90 23/10/90 I.V. V.17-90W 28/9/90 23/10/90 14/10/90 18/10/90 K.V.U. VIBCW9O 5/10/90 27/10/90 29/10/90 3/11/90 ALSO ACCEPTING CARGO FO« MILANO LASPEZIA.
      838 words
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      Page 46 Advertisements Column 3
      470 46 JBF OcemService p LCL/FCL SERVICE TO/FROM OMMI A^wrti' CfjO PENANG—KL: allied-LINK SINGAPORE: /^fTX m 04******2 09-*****55 778 5522(22 lines) TO Jjf Marina Onp Suaan Ng/Chrlatina CMaw Dotty Mlipuri/Eathar Yap omvßmtML samcß FROM SOUTH EAST ASIA/ FAR EAST TO USG/BRAZIL/ARGENTINA MV NORTWEEN NOVA MV SUNDERLAND ENDEAVOUR KOTA KINABALU ETA SPORE 3/9
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      Page 46 Advertisements Column 4
      361 46 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 15HB 13/9 VIGOUR PACIFIC 16KB 23 S BANGKOK 9 8 163 BUSAN 7/S 12 "9 HONGKONG 7/9 10/9 DURBAN 7ft 19^ KEELUNG 9/9 16/9 PT. LOUIS 7/9 13/9 PT. KELANG 7/9 14/9 KOBE 10/9 17/9 PIRAEUS 12/9 29/9 OSAKA 11/9 18/9 JAKARTA 7/9 14/9
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      380 47 TIDES AND WEATHER TODAY'S HOES (height In metres) mmmnoiimJw»misinnimniiniiinmiiimimiMimwmn*n— m* 1 —s** 2 311 aauui?MUMULJuaa24UUiiuuuuuuu Pf 2J 24 1J 1.2 0.7 05 04 05 0-9 1.6 23 26 26 2.4 10 1.4 OJ OJ OJ 01 U IJ 17 11 BR 2.? 2.4 II LI OJ OJ Oi OJ 0.1
      380 words
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