The Business Times, 1 May 1986

Total Pages: 22
1 22 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, MAY 1, 198« 75 CENTS
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  • 327 1 TWO BUSINESS TIMES helmsmen will take on new duties today. Mr Mano Sabnani, 36, formerly BT's Deputy Editor, has been appointed Acting Editor. BT's Editor, Mr Roy Mackie, 53, has assumed the post of General Manager, Times Business Publications Ltd, the publisher of BT.
    327 words
  • 519 1  -  Other Japanese companies also planning shift By BOEY KIT YIN THE RAPIDLY rising yen has prompted Matsushita of Japan to transfer production of audio products in the US$lOO range to its Singapore operations. Matsushita will be shifting all production of this range of
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  • 328 1  -  By LOH HUI YIN THE NEED for predictability in trade rules in America one of Singapore's top trading partners was emphasised by Foreign Minister S Dhanabalan to US Secretary of State George Shultz yesterday. Mr Dhanabalan singled out new bills before Congress
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  • 211 1 Reuter COMMANDOS and other security forces stormed a complex housing Sikhism's holiest shrine, the Golden Temple, in Amritsar yesterday to capture separatist extremists. The Press Trust of India news agency said that minutes after the raid began, shooting was heard inside the complex. The raid
    Reuter  -  211 words
  • 92 1 Bernama PRIVATELY-OWNED motorised vehicles from Singapore can now enter Peninsular Malaysia without the need (or a permit. The decision, which took effect last night, was decided by the Malaysian Cabinet at its weekly meeting yesterday. Information Minister Datuk Rais Yatim said the government felt
    Bernama  -  92 words
  • Article, Illustration
    57 1 SHARE PRICES nectmM to profit- teklag ia the after—■ after Mm chip OCBC started M tan Me ea the flags perr market yesterday. At the etese, the Straits Tbmm tower*? Hi!!» *m«re breadly-based BT Campestto laiex was IM tower at 47f.1t. Taraever was tua wMi us mil- ky
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  • 341 1 Reuter JAPAN RAN UP a record trade surplus of almost US$62 billion in the year to March 31 and economists said this could be surpassed next year. The $61.64 billion surplus, 35 per cent more than the previous year's record of $45.6 billion, is likely
    Reuter  -  341 words
  • 112 1 NYT LEADERS of the European Community are preparing to ask Japan to announce specific targets for imports as an indication of good faith that the trade liberalisation measures announced by Tokyo in recent months will work. British Trade Minister Paul Channon said yesterday
    NYT  -  112 words
  • 468 1  -  •y ALVIN TAY A NEW GENERATION of trade union leaden now (ace the task of convincing their members that the way out of the current ecooomic troubles is not to increase wages nor annual wage supplements, but to adopt severe wage
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  • Page 1 Advertisements
    • 166 1 Cassette Receiver H2 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****22 Kuala Lumpur: Phone. *****3 i: Phone. *****5/*****1 Jakarta: Phone *****6 *`[{|~",%"}`]*!^=]~>']|$|*:[|<, RE-OPENS IN STYLE! LOUNGE/DISCO A MADE BRAND NEW WITH DISCO Surround yourself in a fully carpeted plush setting and iuxunous leather upholstered chairs Embark on a
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    • 230 1 SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS LETTER TV ft RADIO OUR VIEW GOOD TIMES, BAD TIMES. Most of the united workers of the world would regord themselves os passing through the latter period on this Labour Day. But the gloomy clouds of recession will, eventually, have a silver linina.
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    • 0 1 <;"-[{{=)|{?:;+~*@*^'>,%=/'|):.
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    • 187 1 tiodenstoch Qualify before your eyes Copyright Bill examined SINGAPORE'S Copyright Bill, after fivs yurt in tIM making, goat through its tacood raading in Partiamant on Monday. Lawyara wall-varaad in copyright laws aay tha fina print containa ambiguitias and •omt apparant contradictions. Saa Paga Hongkongßank VISA and Hcngkongßank MasterCard Hongkongßank offers
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  • HOME NEWS
    • 364 2  -  By SAID ABDULLAH INDUSTRIES and households will save about $5 million a month in gas and electricity charges following the Public Utilities Board decision to slash tariffs from today. This is the third consecutive quarterly cuts that the PUB has made to its gas and electricity
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    • 334 2  - Ogilvy Mather is top advertising agency By MONICA GWEE OGILVY A MATHER Advertising has emerged as Singapore's top agency with billings of $35.2 million and a gross income of $5.2 million last year, according to an annual study in Advertising Age. McCann-Erickson climbed from fifth position to second with 1985
      334 words
    • 201 2 FLEXIBLE fringe benefits is another area which should be studied in the reform of the wage system, says a major employer group. Even greater flexibility could be achieved if fringe benefit systems could be modified and tailored to meet workers changing needs, the
      201 words
    • 392 2  -  By ANNA TEO ADVERTISING in the accounting industry in Britain has not generated much new business, although vast sums are spent by the larger firms on television advertisements. The real beneficiaries are the smaller companies which, with small and discreet advertisements, go
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    • 104 2 SINGAPORE AIRLINES has bagged a contract which involves heavy maintenance work on (our Boeing 727-20Qs operated by Yemen Airways. This is an achievement for SIA because Middle Eastern airlines traditionally send their aircraft and component repairs to European agencies. SlA's News Service did not disclose
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    • 366 2 ABSTRACT painting» and avant garde works make risky investments. Tour best bet would be paintings by "living masters" who have been established (or 10 years or more. "The old masters are out of reach and very scarce, so look for living masters who are well established
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    • 93 2 THE BRITISH Business Association has elected as its president Mr Michael Brown, tjie area general manager of Standard Chartered Bank. Mr Brown, who was voted in at the association's AGM on April 23, said he would like to "confirm the determination of the new committee
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    • 52 2 AEROSPACE parts manufacturer, Sundstrand Pacific, a subsidiary of Sundstrand Corporation of USA. will mark its 10th aniliilnj in Singapore tomorrow at its company premises in Bedok South, k Economic Development Board chairman Philip Yeo the guest of honour. The Enterprise column has boon hoW ovor diM to lock
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    • 307 2 RECENTLY, some MRTC contractors who were invited to submit claims for extra work refused to take the money. The Mass Rapid Transit Corporation (MRTC) wrote to contractors who were involved in the rescue work when the Hotel New World collapsed on March 15.
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  • Page 2 Advertisements
    • 123 2 WELCOME TO THE SHANGRI-LA INN, PENANG. tThe Shangri-La Inn is now open, ushering i into Georgetown a standard of service and accommodation never before experienced in D enang. Situated right in the heart of the city, the Shangri-La Inn places at your doorstep all the major business, shopping, sightseeing |N|
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  • BANKING AND FINANCE
    • 880 3 SINGAPORE THE US dollar yesterday closed slightly higher against most major currencies except sterling, helped by some short-covering interest, dealers said. Trading was very thin throughout the day due to the absence of fresh incentives, month-end considerations and ahead of the Labour Day holiday. The dollar closed marginally
      880 words
    • Article, Illustration
      308 3 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading. Short-dates firmed around 1/16 to 1/8 point at the outset but thereafter remained unchanged. Overnight closed at 7-1/8 7 per cent and Thursday/Friday and week fixed at 7-1/16 615/16 per cent each. Period rates were
      308 words
    • 395 3 EUBODOLLAB futures yesterday opened slightly lower than Tuesday's close but trading remained light and sideways with traders awaiting announcement of the US treasury refunding package last night. The June contract traded between 93.20 and 93.24 during the day after opening 4 ticks lower at 93.23 in quiet trading ahead
      395 words
    • 238 3 Interbank rotes at 3pm yesterday: •M Odor a rooo M'*> chang* Local dollars to one umt of foraif US dolor 2.1950 2.1960 ***** -22 15 Sterkng pound ***** ***** 7 3469 •5378 Austraban dolor 1 6199 1 6228 3 4286 -52 75 NZ dolor 1.2774 1 2802 *****
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    • 284 3 Reuter THE BRITISH government has decided to remove the constraints preventing companies from financing themselves by issuing sterling commercial paper, Chancellor of the Exchequer Nigel Lawson said. In a written reply to a parliamentary question, he said the necessary amendment to banking legislation
      Reuter  -  284 words
    • 142 3 AP CUBA HAS TOLD its foreign creditors it will suspend debt payments (or 90 days beginning May 5 while it seeks more favourable repayment terms and US$5OO million to make up for a shortfall in foreign revenues. The Prensa Latina Agency said on
      AP  -  142 words
    • 165 3 HONGKONG: GOLD yesterday closed a shade easier in fairly dull trading in the absence of fresh factors, llie metal ended at U*****.40/70 an ounce. Krugerrand rose HK$l7 to end at $2,691. Maple Leaf finished HK$l4 at $2,776. TOKYO: Yen-denominated gold futures closed five to 14 yen/gram higher on shortcovering
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    • 118 3 A SINGAPORE incorporated merchant bank, Rank of Montreal Asia Limited, has opened a representative office in Tokyo. This is the first time a locally-incorporated merchant bank has taken such a step. The Monetary Authority of Singapore approved the plan several months ago. Announcing the move
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    • 120 3 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/4 point from Tuesday to close at 5-1/2 per cent yesterday. The term rates remained unchanged. The mode is 5-1/4. SS Interbonl i rates at 7pm yesterday: OHw M Overnight 5 1/2 5 1/4 1 -moolfi 5
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  • Page 3 Advertisements
    • 141 3 If you change your plans you won't have to diange your airline. When you fly United Airlines and need to change your schedule, it's no problem. Because United can fly you to over 150 cities across all 50 states of America. All you have to do is make one telephone
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  • OVERSEAS
    • 741 4 ARRIVALS Operator Strvict Local From number time SIA SQII7 0005 KUL LUFT LH688 0010 FRA/DXB UA UA805 0010 JFK/SFO/HKG RBA BM43 0330 BWN MAS MH681 0620 KUL MAS MH811 09)0 PEN MAS MH67I 0920 KUL SIA SO 103 0950 KUL AC AC858 0950 YYZ/LHR/BOM CPA CX7I0 1015
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    • 554 4 Mishap 100 times worse than a meltdown Reuter A SOVIET nuclear reactor was apparently still on fire yesterday after releasing a vast cloud of radiation in an accident which Western experts said could have catastrophic effects. The Soviet Union said in a statement on
      Reuter  -  554 words
    • 229 4 UPI A HIGH UN official has said that it is the duty of the Soviet Union to provide full information on its nuclear accident so that innocent people do not become "the world's first radioactive refugees". Dr Mostafa Tolba of Egypt, the chief of
      UPI  -  229 words
    • 246 4 Reuter NORWAY'S centre-right government, only seven months in office, has announced its intention to resign after defeat by a single vote on a package of economic austerity measures. Conservative Prime Minister Kaare Willoch said on Tuesday his three-party coalition would step down after Parliament rejected its
      Reuter  -  246 words
    • 248 4 AP MAJOR NON-COMMUNIST industrialised nations are enjoying solid economic expansion in a growth trend that includes Japan, which has been showing signs of weakness. The Conference Board said yesterday that its international economic scoreboard, a calculation that tracks monthly growth, showed both the economic performance and
      AP  -  248 words
    • 249 4 AP CITIZENS in four of the seven nations participating in the Tokyo Economic Summit have listed Japan as the country which poees the most "threat economically" to them. A majority of those polled in the US, Britain, West Germany and France saw Japan as
      AP  -  249 words
    • 235 4 AP THERE ARE 17 heavily indebted countries that will need US$7O billion to US$lO6 billion over the next five years, according to the World Bank in a confidential study yesterday. US Treasury Secretary James Baker HI has proposed
      AP  -  235 words
    • 99 4 AFP A SYDNEY mail order company plans to divide a Pablo Picasso work into 500 pieces and sell them separately. The Daily Telegraph reported yesterday that Subdivision Art paid U559,750 for the 1959 Picasso Linocut Trois Femmes, one of only 50 produced. The
      AFP  -  99 words
    • 272 4 AP AFP THE US GOVERNMENT, citing what it terms a "crisis of confidence" in the United Nations, has renewed a request that major contributors be given more power over the way the UN spends its money. With the UN General Assembly meeting
      AP; AFP  -  272 words
    • 330 4 AP A LEADING political figure expelled from the governing Congress Party by Prime Minister Rajiv Gandhi has said that a split by dissidents is "surely a possibility". Pranab Mukherjee called Prime Minister Gandhi, who ousted him on Sunday night (or "anti-par-ty" activities, a
      AP  -  330 words
    • 279 4 UPI CANADIAN cigarette companies have launched a boycott of the country's largest airline because it banned smoking on several flights for a three-month trial period. The state-owned Air Canada began a trial on April 27 to ban smoking on 44 of its 76 daily flights
      UPI  -  279 words
    • 249 4 AP THOUSANDS of Israeli children watched their plastic guns and tanks being smashed to pieces while a band played martial music in front of City Hall on Tuesday. The demonstration was part of a "War on War Toys" campaign organised by peace crusader
      AP  -  249 words
  • Page 4 Advertisements
    • 176 4 I Jf 11% I 3 /V\/ Every Tuesday, Thursday, Saturday I II j I I Y and Sunday. Leaving Changi Airport V 11-JL YL at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. Effective 27/4/86. si n /\AniAr\A AIR CANADA
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  • Page 4 Miscellaneous
    • 50 4 DOonesbury *4 nt 011 Ml i i» a m I THAVS RIGHT, JOAN. I RUN A FANCY EDIBLES CONCERN. IMOPEN/NS A LOCAL CONCESSION D- unetrmi/ UJOW... REALLY? I m ii m 4 HE HAP IT JUST SO! THE BEATEN OUT KJNSS ENGLISH OF HIM AT PALE BECAME MY CAFNE&e. MISTRESS!
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  • RAW MATERIALS
    • 317 5 RAS prices In S cents/kg, FOB in b ales NOON CLOSE Buyers Setters Buyers Sellers Int 1 RSS Prompt 167 00 168 00N 167 00 I68 00N Int 1 RSS May 86 170 00 171 00 170 00 171 00 Int 1 RSS June 86 163 50
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    • 97 5 (cents/kg, 1-ton pallets) MAY 86 JUNE 86 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers SSR 20 154 50 156.50N 154.50 156 50N SSR 50 151 50 153.50N 151 50 153 50N MRELB Buy*, Sellers Buyers Sellers SMR CV 209 00 211.00N 210.00 *****N SMR
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    • 168 5 MALAYSIAN crude palm oil prices yesterday closed off the day's highs on renewed selling, reflecting the trend on the palm oil futures market, after rising initially on a firmer Chicago soyoil futures close on Tuesday night. May deliveries in the south and central regions closed MJS higher at
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    • 100 5 Reuter THE KUALA Lumpor til price yesterday gained two eeata to cieae at M 514.59 per Idle alter a fear-sesslen decline, dealers said. They attributed the rise te sustained local demaad coupled with Japanese buying. Other overseas Imyers, particularly the Earepeaas, were ahseat, they said. Taraever dropped te
      Reuter  -  100 words
    • 66 5 Bangkok (US$/toMM, FOB) White Rice 100% 1st closs 240 100% 2nd class 215 100% 3rd class 210 5% 200 10% 195 15% 190 20% 180 25% 170 35% 165 Broken Rice A-l Super 115 A-1 Special 112 C-l Special unq C-1 Ord unq Loonzain Rice 100% 1st grade unq
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    • 253 5 SINGAPORE THE MARKET yesterday closed higher with One RSS buyers quoted at 170.00 cents per kilo, up (our cents from Tuesday. The morning market recorded a rise of five cents following covering of May position ahead of the Labour Day holiday today. Prices weakened one cent in quiet afternoon
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    • 193 5 Reuter WHAT FUTURES on Tuesday closed 13-1/4 to 11 US cents a bushel higher, with prices settling off the limit gains posted near midday. July finished near the middle of a 19-3/4 cent range. The accident at the Soviet nuclear power plant triggered the price rise, as US grain
      Reuter  -  193 words
    • 181 5 Reuter SOYBEAN FUTURES on Tuesday closed six to 12-1/2 US cents a bushel higher on the Chicago Board of Trade in reaction to the accident at a Soviet nuclear plant. November ended near the middle of a 17 cent range. The rally in wheat and corn futures triggered similar
      Reuter  -  181 words
    • 588 5 COFFEE ROBUSTA COFFEE futures on Tuesday ended a featureless day narrowly mixed from Monday night's close at down £5 to up £11 a tonne. Relatively active business was boosted by liquidation in the May position ahead of it becoming the spot month today. At the close July was
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    • 275 5 AP WHEAT FUTURES prices rose on Tuesday, spurred by speculation about the impact a nuclear accident in the Soviet Union will have on that nation's crops. But a chief US government meteorologist says the radioactive cloud from the accident travelled away from Russia's major
      AP  -  275 words
    • 361 5 Reuter RIO TINTO ZINC, the only company left in Britain mining tin, said yesterday that it was closing its Cornwall mines with the loss of 1,000 Jobs as a result of the crisis which has disrupted the international tin market. Company spokesman
      Reuter  -  361 words
    • 148 5 ChlniH Produce Exchange ROOM clofinc (KKM 091 Apr 30 (SV 100kg) Coconut oil Bufc Foe 50 00 Otd drum FOB 63 00 New drum FOB 67.00 Copra Mixed (loose) 28 buyers Pepper Muntok White FOB NLW Sarawak White FOB foq NLW Sarowak special block FOB NLW Sarawak Asta
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    • 186 5 Bernama THE PHILIPPINE government will return excess rice imports from Indonesia following a report that rice production for this year will increase by 11 per cent. Rice imports last year, according to earlier reports, may have exceeded the 400,000-tonne limit imposed by the Cabinet
      Bernama  -  186 words
  • Page 5 Advertisements
    • 87 5 r-*L I Choose from ®y/\ Itampachis exquisite feAMPAeffr Japanese Set Lunches Japanese Restaurant jfo f o ffy p r ces an( j unfamiliar assortment of |apanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of lapanese lunches. Priced
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    • 108 5 NATIONS GOLF CHAMPIONSHIP THE DUNHILL CUP 1986 PACIFIC FINAL m&SM Singapore Island Country Club 2-4 May 1986 The Singapore Island Country Club plays host to the Dunhill Cup Pacific Qualifying Final from the 2nd to the 4th May. Eight teams, including Singapore, will be competing for prize money of US$lOO,OOO
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  • FEATURES
    • 513 6 IT'S CUSTOMARY on this auspicious morning of May Day, or Labour Day if you prefer, for newspaper editorials to trot out the annual cliches. A must, of course, is the immortal sentence of Karl Marx: "Workers of the world unite, you have nothing to lose
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    • 1509 6  -  The Copyright Bill goes through its second reading in Parliament on Monday. Lawyers feel that the Bill contains ambiguities and some apparent contradictions, reports ELAINE KOH. ELAINE KOH ECONOMIC SANCTIONS threatened by foreign governments have brought a note of urgency to the passage of
      1,509 words
    • 567 6 letter te the Editor Dear Sir, As a keen stock market observer and careful investor, I have always considered Prima Ltd a stock which should be on the buying list of Singaporeans under the CPF share investment scheme. The revelation by BT of Prima's hefty
      567 words
  • Page 6 Advertisements
    • 121 6 50... YOU THINK YOU KNOW All ABOUT marra vm vol M WO I APRIL MR MCWTHLT M ft. n s it Walrf rr»o;»*t r.ii» tif t<v <<>« PHARMACEUTICAL GROWTH: TOO BIG A PILL TO SWALLOW? COST OF OWNING A HORSE i>a>rirmni or niicMmare? e^ri y THEN ANSWER THESE QUESTIONS: Why
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  • Page 6 Miscellaneous
    • 633 6 CRYPTIC PUZZLE ACROSS 1 The wife will notice our obsence (6) 7 Excursionists coming a cropper? (8) 8 She starts looking at Los Angeles (4) 10 Good-hearted rugby player (6) 11 Trouble to preserve? (6) 14 H«s patients never recommend him (3) 16 Plain features (5) 17 A woman's right,
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  • SPORTS
    • 553 7  -  By BRIAN MILLER GO NAP on West Beuad in the seventh at Kuala Lumpur this afternoon. The five-year-old is back from a six-month disqualification and he looks the best bet in today's nine-race amateur card. Backed down to short odds
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    • 211 7 AP TOP-SEEDED STEFFI GRAF won her 11th consecutive match on Tuesday when she defeated Mary Joe Fernandez 6-3, 6-1 in second-round women's singles play at the US Open Clay Courts tennis tournament. Graf, the winner of two straight tournaments, needed just 55 minutes to
      AP  -  211 words
    • 218 7 Reuter STEVE DAVIS, bidding for his fourth world crown since 1979, made a crushing start to his quarter-final against fellow Briton Jimmy White on Tuesday, building a 134 break on only his third visit to the table. The clearance, the highest break
      Reuter  -  218 words
    • 492 7  -  By WALTON MORAIS POH EING CHONG, answering an eleventh-hour Singapore SOS, finds himself in the Republic's Dunhi". Cup squad which tees off at Bukit tomorrow in the US$lOO,OOO Pacific zone qualifier. The former World Cup representative replaces injured older brother Poh Eng
      492 words
    • 378 7 AP UNCAPPED 21-year-old goalkeeper Philip Hughes and inexperienced midfielder David Campbell were the surprise selections in Northern Ireland's World Cup soccer squad for Mexico announced by manager Billy Bingham on Tuesday. Hughes, who plays for Bury in the English Third Division, was named as No
      AP  -  378 words
    • 276 7 AFP BADMINTON made a brave move to attract more television coverage when the International Badminton Federation (IBF) gave England, Sweden and Denmark a free hand to experiment with a new scoring system. The option, proposed by England at the annual general
      AFP  -  276 words
  • Page 7 Advertisements
    • 99 7 Keep a date nidi Sevvv Ballesteros the Sevvy Way BT is not all hard core business and financial news. We take "Time-Off and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for the well-informed professional.
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  • Page 7 Miscellaneous
    • 1290 7 w em mm HOUDAY NIGHT MOVIE —11 HarrowhouM 10.30pm, Channel 5 Chesser (ChaHes Grodin) is commissioned by on eccentric tycoon to buy a $1 million diamond, but is robbed of it. He suspects that "The System" which guards $12 billion of diamonds in 11 Harrowhouse is behind the theft and
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    • 4 7 iriStoW: ftaaicDicia* l rmw
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  • INTERNATIONAL STOCKS
    • 324 8 Reuter BANKAMERICA CORP's senior executives do not expect the bank's common stock dividend to be reintroduced in the near future, in spite of general confidence that the bank's dismal earnings run is over. "We believe that earnings have turned around and we expect this to continue,
      Reuter  -  324 words
    • 148 8 Reuter ALLIED-LYONS PLC Is entitled to see confidential details of the financing arrangements behind the £1.8 billion bid for it by Australian brewing group Elders EXL Ltd, the London High Court has ruled. Elders had claimed that disclosure of such information, submitted to the
      Reuter  -  148 words
    • 313 8 Reuter WALL STREET stocks closed sharply lower on Tuesday, as waves of selling during the day crippled a market unnerved from the start by the Soviet Union's nuclear mishap. Traders said losses were exacerbated by organised sell programs. Utility issues were hit hardest. The
      Reuter  -  313 words
    • 129 8 API 29 a Hudson Boy Minir Imp Oi 42* Inco 19* 25 43* 43* lu tort 22* 17*4 Korr Add 15* 34* Lobtow B 26* 4-* Bark Novo Scotia W* Mauty F«rg 3* unch 40* Mc BkxM 32* mch EM Canoda 28* 4-* Bp RMotrcM 26 4-* 37* 23*
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    • 169 8 Aft 29 toad Tru»t Bk Un St •«< 135 -5 INDUSTRIALS Woottru A Aipho noes 10 m «MGS Aborcom Aoa Anwprop 500 -15 Aogvoal ftyvoor ***** +200 AMK- .MWIUMMMMM 1500 -10 Buftafc 6400 -300 C G Smith CMA Cam GaM 2250 Ctvri* Frxmcc 485 unch Cam Murch 0* Boats
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    • 504 8 AM 2* us* 10* 17* NCR Coip 50* 99* 44* AJcon AJtrrvn 31* C4 Antnr 78 •1* 89* -1* Abg M Alwd Sag 21* 52 V* F r etp<yl MM Freuhoirf Cp 17* 40 unch unch ASed Storm 40* 41* -1* Afc-Chcfrner* Am Brands he 5* 97 unch
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    • 826 8 Amsterdam Aft 29 Fk abn 576 00 -1 Aegon 106.30 -0 5 Ahold 75.00 -0 5 Akzo 163 70 -0 3 Akwito 153.00 -0 2 amev 81.00 -1 Amro Bonk ***** -16 Am Stod 129 00 -0.8 Bartial 30.30 +0.2 Buahmwn Tttlwodt 665 00 -10 160 50 -OS
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  • Page 8 Advertisements

  • ASIAN STOCKS
    • 311 9 HONGKONG: Share prices yesterday closed firmer on sporadic late buying but trading was quiet and dull throughout as investors were awaiting the tally of subscriptions for Cathay Pacific's public share offer, brokers said. The Hang Seng Index finished 10.7 points off at 1,836.99 after losing as much as seven
      311 words
    • 246 9 Aft 90 Al Sine mm Mm MT 2 64 -0 06 Kotn Kuochan Dev Lh Chang Yuen 2*76 2050 unch -03 2420 Lrxil 23 90 -0 1 3050 -0 5 12 40 -0 05 43 80 -0.1 36 20 0 1 24 90 -02 20 50 -0 1 Chn
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    • 497 9 TOKYO: Share prices rose yesterday in moderate trading led by export-related shares in spite of the absence of fresh incentives ahead of the seven-nation summit from May 4, brokers said. The market average rose 67.57 to close at 15,825.50. Turnover was 540 million shares against 400 million on Monday,
      497 words
    • 69 9 An 30 Acop Mtnmg tmm Mor»te«( Onantol B Phi Overveos '0 009 0015 0 19 4-***** unch •0 01 0.01 -0 001 P>coo B 80 4-3 Alio* Coo. B 15 unch Son Mtgual B 41 50 LT>Ch Bomc P«tro»«um Bcnguet Con. B 0003 110 unch unch S«otron» Sim* Darby
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    • 338 9 SYDNEY: Australian share markets brushed off early losses and closed slightly firmer yesterday as continued demand for industrial stocks offset a weak mining sector, brokers said. The All Ordinaries Index closed 1.3 points higher at 1,210.5, while the All Industrials Index rose 4.7 to a record close of 1,994.4,
      338 words
    • 86 9 Aft 30 Bonk Stoul Chohoing Bk Commit ool Bk Dootm Irtd Won 730 670 715 556 10 -5 +5 16 Hyundai Conu Hyundai Motor KAL Korea F*st YiAona Karoo Sh? 949 2094 1100 715 2290 450 +24 -1 5 unch 100 -10 Doowoo Corp 927 50 Samsung Co 1155
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    • 120 9 AM 90 1 Ao Kham Thai Amo Ffcre Aywtiyo >>»«tfww* Ban0iok Agro-kid Bar* Bank Of Ayudhya Bait Jucker MM 133 25 50 ISO 106 7l ♦075 inch -1 Senrauk Sam Camant Stam Ctnent Sam Otaen» Ltomf Siam C*y Cemor* Sum Commercial 471 Map ump 478 442 4 inch ■4
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    • 66 9 AFP THE MAJOR SHAREHOLDER of Macau Tourism and Amusement Co Ltd (STDM), Henry Fok, is to sell about 6 per cent of his stake in the Macau Casino to other shareholders before it goes public, probably in June. But a top official of Citicorp International, STDM's
      AFP  -  66 words
    • 335 9 Reuter CHINA PLANS to start trading futures on the Chicago Board of Trade (CBT) in grains and metals at an appropriate time, a top Chinese trade official said. Sun Hanchao, the deputy director of the International Trade Research Institute (ITRI) of the Ministry
      Reuter  -  335 words
    • 166 9 AUSTRALIA'S National Companies and Securities Commission has cleared the way for the dispatch of Bell Resources Ltd's Part "A" offer document for shares in Broken Hill Pty Co Ltd by approving minor timing amendments on Tuesday. A Bell spokesman said the offer of $7.70
      166 words
    • 332 9 Reuter JAPANESE INVESTORS are likely to have been net buyers of foreign securities in April because of heavy purchases of US bonds in the second half of the month, bond dealers at Japanese securities houses have said. Finance Ministry figures for March were
      Reuter  -  332 words
  • Page 9 Advertisements
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      180 words
    • 145 9 i 'Cki* t'A r 'I Your evening begins... ...at the Fountain Lounge. The popular meeting place to unwind before dinner with a cocktail and friends. Musical entertainment from 5 pm. Happy Hours from 5 to 8 pm daily. Enjoy one drink free with every one ordered; while bottle buyers pay
      145 words
    • 195 9 m rr O/scotheque Para Wave Castle s Solo Aerobics Championship 1986 We're blasting off tonight and every night at Para Wave Discotheque. Take off to the stars... groove to the pulsating rhythms spun by the dynamic music makers, Solosa Sound Services. Buainaaa Hour* A First Drink Charge: Waafcdays A Sundays:
      195 words
    • 138 9 Join the fashion-conscious every Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $9.50 rvr tvrmn Ptus
      138 words
    • 191 9 s Food Room Package N \N s XwNdß Forlunchordinnar.youge) 3d>shes end soup, all genuine Peking S Sichuan cuisine (Shark s Fm dekcacy included) A room is protndedtor your special celebrationwhether ft wadding annivarury or other occasions s$43L As pert ol our Anniversary cfbrltion me re giving you a WWcoma Beverage
      191 words

  • SHARE INFORMATION
    • 3952 10 LED BY OCBC, blue chips lost ground yesterday in quiet trading on the Singapore stock market ahead of the May Day holiday. At the close, the Straits Times Industrial Index was 1.16 points lower at 570.20 while the more broadly-based BT Composite Index
      3,952 words
    • 211 10 SINGAPORE RiSM bM PaH. Urn* 269+9 EEr*"** M AO xA WiCftOf rJT 585 tt M Immm 570 5 50c 69 *4H gjfy Gortafi 334 4 L* 1 TVactan 95 Vi +JH H Ta»-Paa 58 +3H |T Spar* 274 +3 Carafca. S0< 237 3 |?£~T 50c 88 3
      211 words
    • 2351 10 BID and after prices ofllrUHy listed and tswlw In and reported to the Stock Exchange of Stagapore yesterday with the number of isns traded shown in brackets In lota of MOO units unless otherwise specified AD Time Settlement Contracts are quoted after the ward "SETT".
      2,351 words
    • 116 10 HONGKONG Austrolion Industrials Hong Kong Indox Wednesday Unav Wednesday 1994.4 Tuesday 1989.4 Week ago 1968 2 Tuesday 1134.57 Week ago 1107.42 NEW YOtK Hong Song Index Wednesday 1836.99 Dow Jones Tuesday 1825.89 Tuesday 1826 29 Monday 1843.75 Week ago 1783.19 Week ago 1830 98 TOKYO Stondord Poors Nikkoi
      116 words
    • 265 10 Monog«rs' priccs MARA-Bumiputra tor May 2 First B'putro 4.17 422 Singapore Unit Trust Second B'putro Third B'putro Fourth B'putro 3 72 3 17 377 322 342 The Commerce 077 082 337 The Savings Fund 060 0 65 Fifth B'putro 1 94 1 99 S'port Prog Fund 030 032
      265 words
  • Page 10 Advertisements

  • COMPANY NEWS
    • 354 11  -  By NAJEEB JARHOM SHAREHOLDERS of newspaper giant Singapore Press Holdings have been asked to approve a resolution to ensure that foreign ownership of shares in the company does not exceed 49 per cent of its total issued capital. Singapore Airlines already has clauses in
      354 words
    • 333 11 SHAREHOLDERS of Singapore Bus Service (1978) who have used Central Provident Fund (CPF) savings to purchase the shares do not have to pay any charges if they apply through DBS Bank for the reimbursement of the difference between the par value and the
      333 words
    • 161 11 AMBASSADOR HOTEL Ltd has succeeded in getting a refund of its 20 per cent deposit for the aborted deal to acquire a 30 per cent stake in Stephens Properties Sdn Bhd, a Malaysian property development company. Ambassador, now run by new chief
      161 words
    • 50 11 WEARNE BROTHERS LTD has told the SES that the assets of Hobart Manufacturing Pty Ltd it is disposing amount to A 54.73 million. Wearnes had proposed to sell its 70 per cent holdings in Hobart to its associate Polytek Engineering Co Ltd Hongkong for A 57.28 million cash.
      50 words
    • 587 11 SHARE PRICES retreated in lethargic trading on the Kuala Lumpur stock market yesterday on lack of follow-through support after Tuesday's steadier performance. Speculative counters, which had put on hefty gains the previous day, came under profit-taking and light selling pressure. Among them, Antah, which
      587 words
    • 2549 11 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDUSTRMLS Ajinomoto (3.105) xd AMD (3.305) (I) 3.30 Alcorn (0
      2,549 words
    • 48 11 STRAITS 8TEAMSHIP Cwnpaay Limited: AGM in the Straits Room, 10 ColIyer Quay #29-00, Ocean Building, Singapore 0104, tomorrow, at 11.30am. SOUTH EAST ASIA DEVELOPMENT CORPORATION BeriUMl: 23rd AGM at 9th Floor, Bangunan Hong Leong, 117 Jalan Bandar, ***** Kuala Lumpur on Saturday, May 3, at 11.30am.
      48 words
    • 467 11  -  By AMY CHEOK CONSTRUCTION GROUP Lim Kah Ngam Ltd has decided to shelve some of its less viable projects for the time being, including an earlier approved plan to expand Hotel Equatorial. The chairman of LKN, Mr Lim Kong Eng, disclosed in his annual
      467 words
    • LATEST RESULTS
      • 47 11 Group pre-tax loss of M 54.31 million in the year to Jan 31, 1986, against pre-tax profit of $16.75 million previously. An unchanged first and final dividend of 1.25 cents a share will be paid on July 22 to shareholders registered on June 20.
        47 words
      • 29 11 Group pre-tax loss of $11.24 million in the year ended Jan 31, 1966, compared with a pre-tax profit of $732,000 previously. No dividend will be paid.
        29 words
      • 21 11 Group pre-tax loss of M 5639,000 in 1985 against pre-tax profit of $3.24 million previously. No dividend mentioned.
        21 words
      • 22 11 Group pre-tax profit of M 51.55 million in 1985 compared with $2.71 million previously. No dividend mentioned.
        22 words
    • 444 11 NST FINANCIALLY troubled Aluminium Company of Malaysia Bhd may take some time to recover but its principal owner, Canadian company Alcan Aluminium Ltd, hiss stated that it remains committed to the long-term viability of the company. The cash-strapped company, which has run up losses of
      NST  -  444 words
    • 784 11 SHARE PRICES opened lower yesterday in quiet trading, responding to sharp (alls overnight on Wall Street. Dealers said advances on Tuesday were somewhat overdone and were being corrected yesterday. At 9.05 am, the FTSE 100 Index was down 3.8 points to 1,652.5. The early feature was Stock Conversion's
      784 words
  • Page 11 Advertisements
    • 240 11 ALGEMENE BANK NEDERLAND N.V. (Incorporated in the Netherlands with limited liability) FINAL DIVIDEND FOR THE YEAR 1985 At the Annual General Meeting held on 29th April, 1906, a final dividend of Dfls 14.- per share was declared payable, at the option of the shareholders, in shares and cash or wholly
      240 words

  • 482 12  -  By LUCY NG PETER THAM WING FAI, the former director of collapsed Pan-Electric Industries, was accused of another charge of criminal breach of trust yesterday. No plea was taken from Tham, who now faces a total of 26 charges. The next mention of
    482 words
  • 101 12 FROM TODAY, Mr Tan Chin Nam will assume the post of general manager of the Economic Development Board, following his earlier appointment as director of the board. Mr Tan, who is also general manager of the National Computer Board, succeeds Mr Yeo Seng Teck who
    101 words
  • 413 12  -  By ALVIN TAY DAIWA SECURITIES yesterday became the third publiclisted company in Japan to launch a bond with equity warrants in Singapore in the past five months. The issuer, one of Tokyo's big four securities houses, will raise US$l2O million through an equity-linked
    413 words
  • 316 12 UPI THE SOVIET UNION touted its Chernobyl nuclear reactor as completely safe in a recent magazine article, with one employee saying: "Working at the station is safer than driving a car." The February edition of the magazine Soviet Life said: "Nikolai Fomin, the plant's
    UPI  -  316 words
  • 413 12  -  By LEE HAN SHIH PRIVATE DEVELOPERS have been offered a site to build a 400-bed hospital in Siglap, a short distance from the American Hospital in Telok Kurau. The offer will commit the developer to as much as $60 million in investment, in return for
    Source: URA, except for number of beds  -  413 words
  • 258 12 VIETNAM is unlikely to pose a threat to other non-communist countries in South-east Asia because it has dissipated its military capacity in Cambodia. Giving his assessment on Vietnam as a threat, Indonesian Foreign Minister Dr Mochtar Kusumaatmadja pointed out that Vietnam had
    258 words
  • 341 12 WORKERS need to realise that their jobs depend on the quality of their training as Singapore moves up the technological ladder, said Mr Ong Teng Cheong, the Secretary-General of the National Trades Union Congress (NTUC), last night. "Special emphasis will be
    341 words
  • 91 12 Reuter COMEX GOLD FUTURES lost about half of their gains yesterday after a second day of firmness fanned by speculation that crop contamination from the Soviet nuclear plant's accident could rekindle food price inflation. Gold for delivery in June was ahead US$O.BO at $347.70 an ounce, coming out
    Reuter  -  91 words
  • 62 12 Reuter WALL STREET stocks were mostly lower yesterday in a continuation of Tuesday's selloff, with utility stocks again showing weakness related to a major nuclear disaster in Russia. The Dow Jones Industrial Average was unchanged at 1626, but other indicators were depressed and declines led advances by
    Reuter  -  62 words
  • 96 12 AFP HUNDREDS of families fled in panic after a heavy-water plant caught fire in India's eastern state of Orissa. The Talcher plant, built in 1964 with assistance from the West German firm Uhde, is located in a populated area, experts said. A synthesis gas
    AFP  -  96 words
  • LATE FILE
    • 39 12 AP THE US trade deficit jumped 16.3 per cent in March to US$l4.5 billion as imports of manufactured goods soared to an all-time high and the country suffered a record deficit with Japan. AP
      AP  -  39 words
    • 50 12 Reuter A THAI COURT yesterday declared the operator of a big savings fund bankrupt and placed her assets worth 200 million baht (US$7.6 million) in the care of a receiver. Authorities said Chamoy Thipyaso had unpaid debts of more than 4.5 billion baht ($l7l million). Reuter
      Reuter  -  50 words
    • 68 12 AFP THE EEC Court of Justice yesterday condemned French regulations on air fares, in a decision which could soon bring down the price of plane tickets throughout the EEC. France was told to apply the EEC free trade regulations on air transport, and more specially
      AFP  -  68 words
    • 57 12 AFP NEW ZEALAND Defence Minister Frank O'Flynn said in Canberra yesterday his country would not back down on its anti-nuclear policy or pull out of the Anzus alliance. He also rejected reports that New Zealand could be dropped from Anzus if Wellington passed laws
      AFP  -  57 words
    • 32 12 AFP INDONESIA has set April 23 as the date for its 1987 general election. The campaigning period will last from March 24 to April 17. AFP
      AFP  -  32 words
    • 47 12 AFP SOUTH KOREAN President Chun Doo-Hwan yesterday stated his readiness to amend the constitution before his tenure ends in February 1988. He had earlier insisted that the constitution should be amended only in 1969, a year after he steps down from office. AFP
      AFP  -  47 words
    • 50 12 AFP FIVE light agricultural aircraft buzzed New Zealand's parliament buildings in Wellington yesterday as more than 8,000 farmers on the ground below protested plunging incomes and farm values. Farm leaders said it was the largest rural protest in the country in more than a generation. AFP
      AFP  -  50 words
    • 31 12 AP RAUL PREBISCH, an Argentine economist who became a world figure as a spokesman for the developing countries, died on Tuesday near Santiago. He was 85. AP
      AP  -  31 words
  • Page 12 Advertisements
    • 90 12 Experience the new Japanese Smokeless Table Barbecue Cut out this ad tor a 20°o DISCOUNT (880 order only) plus FREE Anchor draft beer Coca Cola Valid t' ll 31 5 86 Otemon •yaloniku "Restaurant (do-it-yourself) #817/18 Orchard Towers, Orchard Rd., S'pore 0923. Tel: *****88/*****88 w. f J Dine in cool
      90 words
    • 39 12 Fir* still raging at Soviet N-raactor, Paga 4 Check enclosed Charge to my: O Bill me lacer. Ame» Diners I prefer a six-month order (SSI2O). j THE ASIAN WALL STREET JOIRSAL j tUtx 544. S'porr (Man ft Atrpotl. S'porr
      39 words
  • Page 12 Miscellaneous
    • 54 12 VMMm Outlook for today: Showers over several oreos in the oftemoon. Rod. art for 24 hours prior to 7.30pm on Apr 30 ot the oirport: Maximum temperature 31.7 Associated humidity 68 Minimum temperoture 25.7 Associated humidity 89 Hours of sunshine 5.40 Rainfall in millimetres nil Roinfall this month 148.4 Roiny
      54 words

  • SHIPPING TIMES
    • 248 13 Seatrade Week MORE EXPLOSIVE details have emerged on the U555.36 million tanker which was purchased by the state-owned Philippine National Oil Co (PNOC) in 1982. Copies of documents obtained by Seatrade Week show that the 99,333 dwt Emilio Aguinaldo sold to the oil
      Seatrade Week  -  248 words
    • 326 13  -  By SHAHRIR ARIFF SPECIALISED VOCATIONAL training will soon be available to freight forwarder* in Singapore and South-east Asia. Mr Stanley H H Lim, spokesman of the Singapore Freight Forwarders Association (SFFA), said at least six courses comprising all aspects of freight
      326 words
    • 195 13 Reuter MARUBENI CORPORATION, a leading Japanese trading house, said it will liquidate its fullyowned, 73-ship Liberian subsidiary Marubeni Maritime Corporation due to the worldwide shipping recession. Marubeni plans to set up several companies in Liberia to sell uneconomical ships held by Marubeni Maritime,
      Reuter  -  195 words
    • 276 13 THE TITLE of the world's biggest shipbuilder has been taken over by South Korea's Hyundai Heavy Industries from Japanese major Mitsubishi Heavy Industries. Hyundai outstripped Mitsubishi in both the calendar year 1965 and financial year output figures but the battle could resume
      276 words
    • PORTSIDES
      • 79 13 THE PORT of Rashid, Dubai, recently handled 3,000 containers across the quay in 24 hours, the largest daily throughput since the terminal opened in 1979. With vessels alongside from Maersk, OCL and NYK all the port's six gantry cranes were fully utilised during the day. The
        79 words
    • 1217 14 ARGENTINE and Great Lakes grain exports dominated voyage fixing on the London shipping freights market on Tuesday. Coal, iron ore, sugar and fertiliser markets generated little new business and the general rate tone remained bearish. Argentine grain featured in Coprosol's payment of U5518.75 (1,000 discharge free) for a
      1,217 words
    • 1432 14 UPI THE NIGHT HANGS thick and moonless over an oily calm that mirrors an occasional lightning flash and a shoreline jagged with mangroves. "A smuggler's moon," whispers Gary Narzissenfeld, a 25-year-old Customs agent, uneasily fingering a bolstered weapon. "No moon.
      UPI  -  1,432 words
    • 287 14 THE BANCO do Brasil has made Cruzeiro2B million available to Brazil's state liner company, Lloyd Brasileiro, to boost its dwindling cash flow. The precise status of the money is unclear. A spokesman for Lloyd Brasileiro, said it constituted a reserve fund on which the
      287 words
    • 197 14 A DEVICE which can be carried by users of two-way walkie-talkie radios and which automatically triggers an alarm in the event of an accident, has been launched by Sperry. Called the Personal Accident Alarm (nicknamed PAL), the device is electronically operated, weighs just a few ounces
      197 words
    • 629 14 AB Shpg V 5 Accofd Shpg VI 3 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL HI 1 Bolt-Canada Line VH 4/5 Bait-Orient Line VH 4/5 Bank Line V 5 BBS 1 4/5 Ben Line Cont
      629 words
    • 191 15 ASSOCIATED BRITISH Ports PLC, which owns 19 UK ports, returned to profit last year. Privatised in 1983, ABP reported an after-tax profit of £12.8 million in 1965 as against a £1 million loss in 1984. "Z Pre-tax profits totalled £17.2 million, a vast improvement from the
      191 words
    • 452 15 THROUGHPUT channelled through US west coast ports achieved a new high of 134.8 million revenue tons last year. However, this is just a marginal increase over the previous year's figure of 133.3 million tons. In 1983, west coast ports moved 115.9 million
      452 words
    • 297 15 ARQENTBIA April 21 Buenos Aires No operation. AUSTRALIA April 21. Sydney 5 vessels operating Melbourne Normal operation. BANGLADESH April 21 Chalna —10 vessels operating. Chittagoog 20 vessels operating. BRAZB. April 21 Santos Waiting time of up to 4 days for milkers. CAMEROON April 21 Douala Normal operation. CANADA
      297 words
    • 112 15 MORE BRITONS are opting for a cruise holiday. The London-baaed Passenger Shipping Association said last year 91,365 Britons went on cruises, 12 per cent more than the previous year. The figure for the current year is expected to be similar. Statistics compiled by the association do
      112 words
    • 186 15 THE CARGO access equipment for two car/truck carriers which the Chinese are building for Christian F AhrenUefis designed by MacGregor Navtre (MGN). Each vessel will be fitted with an extensive cargo access equipment ship set that will include heavy duty stern and side
      186 words
    • 187 15 THE MAJOR dripping consortia operating between the Far East/European, Far East/Persian Gulf, Straits porta/Australia, Straits/Japan and the member lines: ACE (PAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. AMRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      187 words
    • 114 15 Reuter SALVAGE EXPERTS believe they can save the Indian coal carrier Jhansi Ki Rani, aground on a reef off the Central Queensland coast, and its 74,000-tonne cargo, a spokesman for the Federal Sea Safety Centre sakl. He said divers surveyed the damage on
      Reuter  -  114 words
    • 7502 16 A guide to ships loading at Singapore for ports around the world The list below tabulates, by .port of 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 gt a
      7,502 words
    • 729 21 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Islamabad 40HW 01.5.86 1700 Eastern M F7 0800-0900 L8 Clifford Ms 8605 02.5.86 0700 Maersk F5 2200-2300 F2 Tanah Air 521 02.5.86 0300 NAPL F7 1800-1900 F3
      729 words
    • 1655 21 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises ft* Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Lme A trie on Shpg Agencies (S). Ahrentuel Liner K*n Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd
      1,655 words
    • 420 22 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrivol Departure KEPPEL WHARVES 01.5.86/0600 L Petaling 2 K19 Lin Lin alongside Ned Barcelina K12 Ned-EAC alongside 01.5.86/0600 Rajah Brooke K25W SSPL alongside 01.5.86/1100 R Viking Star K9 Barber alongside 01.5.86/0200 Tien Ann K35 Samta alongside 01.5.86/1200 Tomoh Satu K21 Kie
      420 words
  • Page 13 Advertisements
    • 760 13 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be forearmed $22.00. TIMES THE BOOKSHOP OOCL s Orient Ovbqeas Co*Lim\ Line iardn shppwg agences On n». urn*/ on) 70 Shenton Hay #04-03 Marina House Smppore 0207
      760 words
    • 66 13 "A SMUGGLER'S moon/' whispers Gory Norzissenfeld, a 25-yeor-old Customs agent, uneasily fingering a bolstered weapon. "No moon. No light. These guys love the dark." Page II THROUGHPUT channelled through US west coast ports achieved a new high of 134.8 million revenue tons last year. Page 111 Index to odvertisers II
      66 words
    • 1134 13 ■fry nj THE HEART OF THE MAERSK LINE FAST TRANSIT TO MIDDLE EAST S NGAPORE/DUBAI 8 DAYS S NGAPORE/DAMMAM 9 DAYS S NGAPORE/BAHRAIN 10 DAYS S NGAPORE/KUWAIT —11 DAYS Vmwl Voy S* pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ft ASIA •SwwOnjlw CT 5/5 1500 ME crs 4/s
      1,134 words

  • Page 14 Advertisements
    • 350 14 > t YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South WMt F»d»f at Kao Pacific North Waat Faodor at Kao Atiantic/Canada Faodor at Kobo |f 11 iniTM nrw r7M' i-'"": mi I fi-M EM EIIITM IDEM it/i» BiMiMfTarr-TTM—iM I i I l i'.'. JbMEMOI BrMFMPf TT7"^uMiDgi| for USA Ports. 'Portland
      350 words
    • 205 14 ■cr■cr~ Mm c«*i tar IWn (Ml). V frwiee.. o*-*. StocMaa «*ta TO: CARIBBEAN CENTRAL VI VI 12/1 IVI 22/1 2VI 2/7 V 7 cMM Arab* Caracao. Bndrtown PMpstwt Port ot Sow Kmpton St Wn Basse Terre. Castries. Fort t* frjncf Pont A Nr. Port au Prince Nassau freeport St Gaoifes
      205 words

  • Page 15 Advertisements
    • 846 15 The Straits Steamship Group Mansfield Container Shipping Re Ltd Ovtrieai Containers Limited STRAITS STOPPING Singapore to Sebeh, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SfRVICE TO UK CONTINENT CONTAINERSHIP SERVICE FROM UK CONTINENT Hbart Br em Rdam le Hi S'to* UM SM UM UW 11/5 tW tt/5 «3/5 M/ 5 M/
      846 words
    • 386 15 Franco Belgian Services iMFMBEB OF ACE CONSORTIUMEE ii i CHARGEURS HAVRAISE (MEB CLUB MEMBER) Mm f- I v.-ii. I tm tw LB PAUV M KMII CHA RGEURS REUNIS f 11 mm mi LOftONG ORECT FOR: tmm. tmm 30 HH IIOptorg Shipping Pte. Ltd lEL M A a/5 4/1 M lft/C
      386 words

  • Page 16 Advertisements
    • 290 16 Hapag-Lloyd EXPORTS 9/5 11/5 13/* 13/5 15/5 17/5 12/ C 15/4 24/4 H/« 17/1 9/4 11/f 13/1 15/7 11/7 13/7 1/7 FROM N CONTINENT &UK IMPORTS Ag«ntt SEGANI *****66 K. Impm *****25/C/I, *****19. 733x349 *****78 P. M«( 38*7*3 *****00 CR 3M271 *****41 frnm *****7. $***** /< *****33 *****3 A' HARPERS
      290 words
    • 77 16 FULLY CONTAINERISED SERVICE K.S.line KBMfM 4 TO FUROPE VIA SlJf/ I a M h ,hf (r Cr FROM EtIROPF VIA Sill/ 9 Mrriher Ow-mlnm. Mil lNiaiV": H' [it H>i M V'RIH 3M»(#|C« ftf I r.l ftM fM/MOntl KSu coi virtm m arc/ni s NCWtIKMI oa< mjvm sx CONVENTIONAL SERVICE TO
      77 words
    • 582 16 at Hai Sun Hup Co (Pte) I td m 'EL *****06 (20 l.npsl TLX HS ***** A HS ***** t I \S |<\ < \K I I\l K MM Specialist in RO/RO Servic Acceptinf heavy-fifts upto 80 K/Tons Sain|s from Japan *«Ml Spart bd*« Mm U SOUTH!** cross *79 7
      582 words
    • 544 16 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) on (om OH QMS l«l IMB no iik ia/fa i ra/ra ?o US WEST COAST Finn n sap who m uu $n m no GOME 1/5 NKCT 11/5 no owe 1/5 oat mrnn V* no mm i/)
      544 words

  • Page 17 Advertisements
    • 475 17 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE BIN MY MM SIN SLW SM Sid SM SM taPort •Id 3/5 5/5 WW!-- l/l 7/5 10/5 11/5 U/5 11/5 14/S 17/5 M/ 5 *1/5 15/5 21/5 M/ 5
      475 words
    • 199 17 \4> THONG SOON 1 V AGENCIES PTE. LTD #09-07. Robma House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORETO PENANQ SINGAPORE TO SABAH PORT •JENHOL SXK 10/K •JBHX SXK 11/* "EQUATOR IV SIB 5/K 5 May K. Kmabalu 14 Itoy K. Kmabalu 5 May Labuan
      199 words
    • 592 17 BENLINE CONTAINERS Vv U aGn u hH IKJJEBSEN LINE NFWZEALAND Sm A«e*/Tiar mm lan Ml 11/ l 22/1 M/C a/t a/I Sm tat/TwKpi Twi Mf 5/7 »/7 U/7 13/7 IS/7 tasw.acipf f-' H IW rt 'K I t SNI, i N if M l MlMHlfr PI Nl f f-« If
      592 words
    • 352 17 EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE -SMM MM IT tIS-m 4-7/ C 5/7 12/7 15/7 17/7 lt/7 22/7 tMTttW Vl5-W IM9/4 12/7 21 Hcopli cjrf* to l*owi/ fiw c «r if#** DJAKARTA LLOYD INOONf-SiAN NATIONAL UNf Yl7-W 9-11/7 1/a 4/1 i/» l/t 12/1 iwr vmb a-H/7 tv> n/t m/i
      352 words
    • 286 17 BOUSTEAD SHIPPING AGENCIES Fatal VMM Hlaoayi 1/211 hM WW V* tmmtm smba n grow vim BURMA FIVE STAR (Burmese National Una) Loadnf for Rangoon Spare fMtmg Pan 10/11 May (P. ft**) S/10 Hay (P. Mm) 25/27 Hay BANK LINE Wi N/l iy« U/5 IJ/I 21/s u/» a/c 11/1 1/7 12/7
      286 words

  • Page 18 Advertisements
    • 1242 18 Li K LINE KAWASAKI KISEN KAISHA. LTD. ECUMMM/PERU/CHILE FODCR V& MARM VII MOTtCt ¥51 ELBA DYO *0711 (Hay PRIG 5 May PNG I May I May KOK SUAYAQUR CAIIAO 24 May 24 Im II tm anca t M RJUQUE I M *f AGASTA S ANIOM) ¥AIPARABO 9 U 14 M
      1,242 words
    • 737 18 'BMAVABMUTI MMHTENDU' MICAS "S O MAMPUR HAMDAS "CM. MM •ESTECimR' INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P Wang Penan* loading (or 7) Jkp. Cataaba/ta^ay 2 Ihi Caloinbe Bombay 11 Man 13 May Catawba Bon*ay H May Ciln ti/to^ay IS May 13 Mar "*»/C«*/» 3D May 2* Hay Maeas/Cteac/I
      737 words
    • 574 18 GOLDEN LINE GUAN GUAN SHPPMG (PTE) LTD 21. tatak l|« SM Imuran oim ra iumt ui uni STRAITS/PERSIAN GULF SERVICE: s rw GOIDEN KM Colombo N#acN< Dub* Dofca BaNcam May COIOEA HMW Coloaito H#** Bombay 0»t». 2V2» May CHMA OCEAN SMPPMG CO., PEKMG THE PEOPLE'S REPUBLIC OF CHMA LiiULLLIE: 11/5
      574 words
    • 389 18 INTRASEA (PTE) LTD 10 Anson Road *27 '6 lnt«»'na'io r, <» p a/a S""»qapof« 020? Te' *****1 i <10 L>nesi o BREAKBULK SERVICE TO EUROPE/UK S'pvc f Rabat Pm Laa** tar:STOO* *****07 14/5 lt/S KH/MH/AM/* AMLLA *****01 12/5 ROT/ANT/W( AVON) Sutjmt amusu (pn» ire nous ??«nu K tw*p BNTMC SMPPMG
      389 words

  • Page 19 Advertisements
    • 695 19 NEPTUNE ORlEN^^^^^^ NEPTUNE AGENCIS PTE. LTD (•maul CfS OCCKH6S *****77 rt Ell/MBT IP*/«* *****22 *****53 01 OOttCT IBK *****53 *****42 HARPER MR A SON. BHD. «100 HARPER MRA SON. BHD 7 *****44 HARPER MRA SON. BHD *<722 HARPER MRA SON. BHD. *****4 FOR TPA/SEA/SAS SERWCE ONLY PKitanf KPIME SON. BH>
      695 words
    • 368 19 V DON AM HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON 2/5 »/5 15/5 19/5 17/5 16/5 11/5 (Olt-ltt) 27 n 31/5 31/5 J/« VI 11/6 22/» n/i i/7 14/t 11/» V» 9/7 12/7 16/7 H/7 I 24/7 lI.IN' Ml KMI lIJUH, NIPIIINI
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    • 513 19 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SINSOV BUR.DMG 55, Market Street Singapore 0104 Telephone Numbers *****33 (15 Lines) Cable Address SHSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** t KELAMG M/S SHARKAT WW SOON SOIL BW. IST ANO 2ND FLOOR BSc 111! niniir uuii in P NO
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    • 109 19 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Somerset Ro»d #06-01 Ng T»ow Yh»* Bldg S por® 0923 Tel 235 8444 i 4 lin«s| Port K«»l.jnp lij.) Pmj Shipfwrig Sdr Bbd l»i 0 3 JgtC.'A S Prnang i. Transport ltd M 04 61 P.nir (kitfinf Agi-noes Sdn
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  • Page 20 Advertisements
    • 397 20 SI REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) J.V-J EZQ 4-5/5 8-7/5 7-9/5 9/5 I m h?M SEA DRAGON I. KONSORTIN SMGATORE Thy/Fri Sat/Sun 3-4/5 4/5 4/5 Tut/Wed 8-7/5 |rvTSi^i fmzzM ihem lEJ* EHE3 ■nziEisi ICZZ3GE3 r7TT^wMr |!l 5b ■FMMini ■rrfmCTCDHMI n7rmm ji ■QZ3DIESZ3 THMM BHUM SKI BHUM SEA
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  • Page 20 Miscellaneous
    • 164 20 Weather fk S H "A i yf<t i I fi I ss <r A 5> *£ZTy/ j. Iz.. LUfc SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wove height R Thunderstorm Temperature c X\ A Shower Weather -V Wind direction with speed
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  • Page 21 Advertisements
    • 101 21 HSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU OSHP SPORE *****88/*****56/*****48/*****13 *****1/4 TERMMAL 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE VS. PBICTTTI irTIMMHTMmTTWITTiITTMm 11iftrirra II './"-TTTT 11 'il"lPl|Tl ii ir vtTTTTTM ALSO ACCtPTMG FOR: ANTWRP, I. HAKtt. UK. BREMEN. COPENHAGEN, OSLO ALSO ACCEPTMG
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    • 116 21 FRATA CONTAINER LINES li.'Wl. FRATA COLOMBO FRATA DUBAI FRATA HONG KONG AUCKLAN) OTHERS NZ PORTS LOMXM HAMBURG SMT2ERLAND SPAM KARACHI MANNA PT LOUS AUSTRALIA SEKOU SNA TOW HAKOU AMOY GUANGZHOU NHAMPOA OTHERS FRATA SHAPING PTE LTD (TEL: *****04) JFS L ihE INTERNATIONAL NVOCc Oppr.iiot TRANSOCEAN (M) SDN. BHD 6? WHd
      116 words
    • 254 21 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) FEEDER VESSEL PEN PKG I VESSEL SIN I)MWLLE» 2) RVAM 3) LONDON TO RED SEA-MEDITERRANEAN CASABLANCA LISBON LATTAKIA LIMASSOL FEEDER VESSEL m TO HONG KONG-TAIWAN-JAPAN-CHINA 1 FROM EUROPE 1) G'BURG 2) H BURG |3) B'HAVEN 4) R DAM 135 25/J N Ml/145 5/4
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  • Page 22 Advertisements
    • 314 22 c Mitsui OS K. Lines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRICA CONTINENTAL PARTNER 9 May Mombasa. Daressalaam. Tanga AFRICA MARU 26 May Port Louis. Reunion WEST AFRICA EARNEST VENTURE 12 May P Noke, Abidjan, Apapa. Port Harcourt. Lome. Tema AFRICA'S 1 N °l aSLiJ'XJi OSAKA MARU HAYAKAWA MARU S.A. VAAL 11 May
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