The Business Times, 27 March 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 FRIDAY, MARCH 27, 1967 75 CENTS
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  • 205 1 Ovsrsses nurkels THmdoy HK Hong Song Indox 2783.12 (-48.38 Tokyo Nfckei Avorago *****79 85.82 Sydney AM-Ordlnaries 1690.1 (+10^) >- Tttontway Now York (Dow Jonos) 2363.49 (-5.69 London (FT 30 Indox) 1623*0 (-2.2) 16ia0 (1000 GMT, Thurs Exchange rates THE S$ closed at $2.1400/10 against the US$ in
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  • 275 1 STRONG BUYING yesterday morning drove the ST Index above its previous all-time high of 1,082.89 before profit-taking took its toll on share prices. The market closed on a generally mixed note. The Straits Times Industrial Index rose 2.26 points to 1,082.16, a fraction short
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  • 55 1 UPI BANK OF JAPAN governor Satoshi Sumita warned yesterday that continued instability of money markets would deter economic growth in the US and West European countries. He told business leaders in Tokyo that the central bank would continue to intervene in foreign exchange trading, whenever necessary, in coordination
    UPI  -  55 words
  • 347 1 Reuter THE REAGAN ADMINISTRATION and Congress have vowed to take tough retaliatory steps against Japan it it does not open its markets to US goods, especially semiconductors. Commerce Secretary Malcolm Baldrige has said that the US will not stand idly by and let
    Reuter  -  347 words
  • 602 1  -  Institute resisting contractors' demand for extra payment on new complex By LEE HAN SHIH, Property Correspondent THE PRIDE AND JOY of the Nanyang Technological Institute, its new engineering and administration complex, has become the centre of a $34 million controversy with far-reaching implications. Started a
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  • 287 1 AT AROUND US$4OO (S$800) a week for a twin-share room, all meals and full exercise programme, a BT writer spent a month at what is called a fit farm by the optimists and a fat farm by the rude. Tomorrow's lead story in Executive Lifestyle is
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  • 487 1  -  f osssam? i By ALVIN TAY NEW FLOATING rate bonds will be issued to the Central Provident Fund to replace its existing holding of fixed rate bonds, a move which will enable the CPF Board to match its earnings to the floating
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  • 98 1 Reuter. FEDERAL Treasurer Paul Keating said yesterday that Australia's economy would grow at a slower rate this year than previously forecast but added that it was coping with a "trading holocaust". "This government is dragging Australia through a trading holocaust the kind of which we have
    Reuter.  -  98 words
  • 52 1 SINGAPOREANS like cheap personal computers, and they wilt buy about 36,000 of them this year, according to a survey. In Technology on Page 5, a senior GE manager also talks about a radical jet engine that will take the industry by storm in the
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  • 117 1 Reuter ONE HUNDRED members of Britain's ruling Conservative Party have signed a motion calling for trade sanctions against Japan to force Tokyo to open its domestic market to British goods. The move follows a government announcement last week that Japan had had a £3.7
    Reuter  -  117 words
  • Page 1 Advertisements
    • 142 1 t :<u -7 u*.* FOR ALL YOUR ISURANCE^M M q i>l PART OF THE WORLDWIDE CITICORP/CITIBANK GROUP PHONE 221-1288 Full report, Pag* 13 Asian slocks, Pag* 11 Intl stocks, Pago 10 For the best in Sichuan and Seafood t > A.,?. ICurry Seafood Served in Coconut 11X3111 Dragon City Sichuan
      142 words
    • 295 1 150 and still going strong BRITISH MERCHANTS formed chambers of commerce in all the key ports in the India-China trade during the 1830s. They formed one in Singapore 150 years ago, in 1837, also the year in which Queen Victoria of Great Britain ascended the throne. The Singapore International Chamber
      295 words
    • 106 1 HIGHLIGHTS of otfior Parliament report* on Pago 3 llh II 11 ■if Hi m In unnmnva urnf IU vuim Throo man Inquiry pawl to look into Toh affair £TAe £)tie*me 3\eateibe raa-!;* nfi > >V~' STrtßjr k C& v a ->,T r-c. --A. cm «c" 9, #07-02/04 Delfi Orchard Tel:
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    • 25 1 EP4IOZ QUADRUPL ZOOMING POWER MINOQA Power-enlarging to 4 times original size Shipping Timet comes as a separate section today. Make sure you get your copy.
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  • HOME NEWS
    • 444 2  -  Bedok factory the only one producing the new line By CHARLES SAVAGE SMITH CORONA'S factory in Bedok has begun production of almost 600,000 electronic typewriters annually for export to North and South America and Europe. Singapore is the only manufacturer of Smith Corona Corpo(SCC) new
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    • 195 2 THE PERMANENT OBSERVER of the Palestine Liberation Organization to the United Nations will be among the UN panelists at a conference on Palestine to be held in Singapore. The conference, known as the "Asian Regional Journalists Encounter on the Question of
      195 words
    • 346 2  -  By BOEY KIT YIN OIL COMPANIES yesterday welcomed the opportunity to set their own petrol prices. They allayed fears that there would be informal price fixing within the industry and said petrol prices would probably change more frequently as a result of curbs being lifted.
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    • 142 2 QUEENSTOWN should be called Commonwealth and Commonwealth called Queenstown as far as the Mass Rapid Transit (MRT) stations are concerned. The Mass Rapid Transit Corporation (MRTC) has found, after a final review of station names, that the proposed Queenstown station is closer to roads
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    • 258 2  -  By GOH YEE LING SINGAPORE'S ambitions to become a local fashion centre will receive a major boost with the arrival of more than 500 international buyers for the Singapore Apparel show from April 9 to 11. Some 22 international celebrities in the
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    • 181 2 THE MEDISAVE ceiling will be raised by $500 to $6,500 from next month, the Ministry of Health announced yesterday. Those who reach 55 years of age and apply to withdraw their Medisave balances will have a sum of $6,500 retained
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    • 111 2 FIVE COMPANIES and two PAP education centres have won awards for outstanding contributions to the BEST (Basic Education for Skills Training) programme. The winners of the awards, given by the Basic Education Advisory Council. are CIS of Singapore, 6E (USA) Consumer
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    • 92 2 A MAN reported missing by his wife more than two years ago is understood to have been brutally hacked to pieces and cooked in curry and rice. Police uncovered the murder of Ayakanno Marithamuthu, 38. a father of three, on Tuesday after two months of investigation. Mr
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  • Page 2 Advertisements
    • 158 2 Business Group to S. E. Asia~March 22-April 2,1987 Make a date TO SEE THE BEST OF I 1 rr i •i. > If you are looking for suppliers of telecommunication products, computer terminals and peripherals, electronics, machinery parts, radios, garments, gift items, leather items, ivory products, aquarium accessories and more,
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    • 162 2 (■olden Plhhmilv Si <• Sf 4* Imperial Banquet The first Sichuan restaurant in Singapore, the Golden Phoenix has 17 years of experience in finest Sichuan cuisines and matched only by its gracious cordiality. Discover our specialities like the Smoked Duck, the Chilli Prawns, the Fish Tail and more. For exquisite
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  • YESTERDAY IN PARLIAMENT
    • 629 3 A THREE-MAN COMMISSION of inquiry has been appointed to look into the alleged corruption committed by the late Mr Teh Cheang Wan, the former Minister for National Development. Mr Teh committed suicide on Dec 14 last year while the Corrupt Practices Investigation
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    • 307 3 THE COMMISSIONERS on "The Teh Cheang Wan affair": MR CHAN SEK KEONG is the Judicial Commissioner at the Supreme Court. He was appointed last July. After obtaining a law degree in 1961 from the University of Malaya, Mr Chan served as an advocate and solicitor
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    • 303 3 GOVERNMENT POLICIES will change from time to time in response to changing situations, but two cardinal principles remain unchanged: a responsible approach to racial politics and the commitment to strong total defence, Briga-dier-General (Res) Lee Hsien Loong said yesterday. To deviate from
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    • IN BRIEF ...
      • 106 3 changes in Vietnam have brought to the fore several personalities who have been closely associated with the invasion and occupation of Cambodia. "These changes do not augur well for any compromise on Cambodia," said Foreign Minister S Dhanabalan. He observed that the spate of Vietnamese-initiated moves to promote
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      • 80 3 will remain an active member of the Five Power Defence Arrangement after its armed forces withdraw from Singapore. It also intends to continue taking part in joint defence exercises and cooperate in existing and new areas bilaterally and within the framework of the Arrangement, according to Second Defence
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      • 95 3 along express- ways may be converted into emer- gency phones which only allow calls for help to the police, fire service and towing companies. Mr S Dhanabalan, who is also the National Development Minister, says the telephones are installed for motorists to make emergency calls, but have been
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      • 82 3 tenants in 369 blocks of Housing and Development Board flats have been told to relocate to allow for redevelopment of their old housing estates. There were 40,168 units of flats in these blocks, of which 25,059 were occupied. By March 11 this year, 5,835 of the affected
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      • 61 3 the Minister for Community Development, will sit on the Committee of Selection in Parliament. He replaces Mr S Dhanabalan who earlier this year took on the National Development portfolio in addition to the Foreign Affairs portfolio. There was amusement when Mr Wong, as leader of the
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    • 306 3 DEVELOPERS will no longer need to pay a "treeplanting deposit" to the Ministry of National Development but they will face a fine instead if they fail to landscape and maintain their premises. The tree-planting deposit would be done away with once the Parks and Trees (Amendment) Bill,
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    • 305 3 AN EMPLOYEE unfortunate enough to have been working for a company which has been liquidated would, under the new Companies (Amendment) Bill, have unlimited time to claim salary or wages owing to him. While the existing Companies Act allows an employee to
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  • Page 3 Advertisements
    • 205 3 -i P K r r 'v it* &4Mt. -$m Ek v i- f- S^E RmSj Ksm I (iKT;KI ■gS I«jl3 Year boot dHht amdci for Mw At SAS, we accept the greatest off pleasure. bi 1981 when we were the best aMneffor the ffre< with the Youl M them at
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  • OVERSEAS
    • 535 4 Gap expected to widen this year UPI CHINA registered a US$l.9l billion budget deficit in 1966 and the gap was set to widen this year as the government rolls back price reforms and increases subsidies. Finance Minister Wang Bingqian said. "Deficit is essentially
      UPI  -  535 words
    • 386 4 AP PRIME MINISTER Anibal Cavaco Silva said on Wednesday that China would allow Macau to maintain free elections and a capitalist economy for 50 years after it resumed control of the Portuguese-administered territory in 1999. Mr Cavaco Silva, in a televised
      AP  -  386 words
    • 434 4 Reuter A KEY congressional committee has completed action on a Bill that would toughen US trade laws and require retaliation against countries that compete with American companies lyThe legislation was finished on Wednesday after a brief closed-door session of the Ways and Means
      Reuter  -  434 words
    • 477 4 Reuter ARGENTINIAN President Raul Alfonsin has won broad political backing for his country's current trials of officers accused of human rights abuses during military rule, which have led to rising tension and anger in the armed forces. Mr Alfonsin, whose democratic election in
      Reuter  -  477 words
    • 353 4 Reuter DOZENS of millionaires including CBS head Laurence Tisch. his brother Preston, who heads the US Postal Service, the late artist Andy Warhol and actor Sidney Poitier wrote off millions of dollars in fake in losses. Officials have said they will now have to
      Reuter  -  353 words
    • 179 4 Reuter INFLATION in the European Community, at its lowest since the 1960s between November and January, started to take off again last month. Figures from the EC Statistics Office show that consumer prices were on average 3 per cent higher than in February
      Reuter  -  179 words
    • 919 4 ARRIVALS Operator S*rvk* Local From number tlmo THAI TG981 0025 IKK FT FT71 0046 JFK/IOS/ORO/ ANC/NRT/ MNL/TPE UA UA805 0100 SfO/HKG KAL KE697 0530 S& MAS MH681 0820 KUL StA SQ43 0910 DHA/KHI MAS MH811 0910 PEN MAS MH671 0920 KUL StA SQ103 0950 KUL CPA CX710
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  • Page 4 Advertisements
    • 108 4 THE DRINKS ARE k ONUS J THE BRUNCH IS ON YOU Champagne Brunch Sundays, $23.00++ Sunday brunch at the Hilton's Orchard Cafe now holds the promise of more than just a bright and bubbly affair. Especially when the Hilton has gone international. Caribbean Brunch March 29 A brunch with a
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    • 5 4 Doonetbury it on Page 12
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    • 150 4 I i I I I The business person's choice, every I I II I I Iff II I Tuesday, Saturday and Sunday. I JK ffl \l I II Leaving Changi Airport at 22:05 1 IVyJL hours and arriving Heathrow at 06:45 hours the following morning. Call your Travel Agent or
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  • TECHNOLOGY
    • BUS & BYTES
      • 165 5 New Scientist SOME of the fine "dust" in interstellar space consists of tiny diamond gems, according to researchers from the Enrico Fermi Institute in Chicago and the American National Bureau of Standards. Apparently, dying stars eject carbon in gaseous form, which condenses into diamonds about five-millionth
        New Scientist  -  165 words
      • 127 5 UPI A PROTEIN now being tested for its ability to bolster the immune systems of cancer patients may also prove valuable in treating radiation sickness following a nuclear disaster. At an American Cancer Society forum on Tuesday, Dr Malcolm Moore described how a growth factor protein called
        UPI  -  127 words
      • 105 5 THE FRENCH have come out with a new system of measuring the dimensions of a part while it is being machined. The all-electronic system consists of sensors that carry out, depending on the model being considered (there are three), some 10 to 1,800 mea- surements per
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    • 462 5  -  By LILIAN ANG A COMPANY that has just lost a bid for a $1.1 billion contract in Singapore should have no reason to feel smug, but General Electric (USA) just could not wait to pull a trump card out
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    • 466 5  -  By LISA LEE SINGAPORE has the biggest business personal computer (PC) market in this region, but people here tend to go for the cheapest systems available, said a New Zealand consultancy firm. In its three-country survey on the business PC market, Arthur Hoby Associates
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    • 312 5 JAPAN'S Sanyo Electric Co is making a major move into the industrial robot market. The company said it had teamed up with "a leading conveying machinery firm" in Japan to market its robots. An official tie-up is expected to be concluded soon.
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  • Page 5 Advertisements
    • 216 5 Paris? For only US $33 a night? (()nly (lie I ivik'li would have l lie el lie.) 'I* One of the only good excuses not to visit Paris, is that it is, as you'd expect of the world's most stylish city,.. .'ow you say.. .expensive. Or rather, it was. Because,
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  • FEATURES
    • 472 6 NEWS OF THE revised bye-laws of the Stock Exchange of Singapore has generally been received with the caimness that often greets a fait accompli. The revision, covering a range of financial and prudential practices in the industry, was just the fine-tuning of a stringently revised
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    • 1613 6  - SICC 150 years old and still faithful to its original mission The Singapore International Chamber of Commerce (SICC) is celebrating its 150 th birthday today. Also significant is that the chamber has remained faithful to its original mission, set up by a small group of merchants and traders in early
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  • Page 6 Advertisements
    • 287 6 I -Vj =3=. The Yeaibook To help you sort out the news reports of the past year, to unravel the statistics and uncover the state of the economy, Singapore Business has produced a Yearbook that takes a look at the past for an indication of the future. So you can
      287 words
    • 144 6 IN PENANG -A FIRST CLASS HOTEL AT AN AFFORDABLE PRICE The Shangri-La Inn Penang brings to the heart of Georgetown a standard of service never before seen in Penang. Its 426 guestrooms 16 suites feature the finest in amenities. And being centrally located in the hean of Georgetown is the
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  • Page 6 Miscellaneous
    • 811 6 rawKKDGE mmmm CRYPTIC PUZZLE ACROSS 4 Emphasise that it's less than distressing (6) 7 Lengthy stay for a boy in the field (8) 8 Lofty concepts that ladies find moving? (6) 10 The scent of flowers? (5) 13 One who did badly in the election? (4) 14 Stop an officer
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  • SPORTS
    • 357 7 AFP BORIS BECKER and John McEnroe both reached the second round of the U*****,000 Grand Prix tennis tournament in Brussels on Wednesday, but while McEnroe cruised to victory, Becker was made to fight by a man who had failed to come through the
      AFP  -  357 words
    • 218 7 UPI EIGHTH BEED Lori McNeil combined a patient baseline game with timely volleys on Wednesday to defeat Wendy While 6-2. 6-4 and advance to the quarterfinal round of the US$l5O,OOO Virginia Slime of Washington tennis tournament McNeil, ranked 13th in the world, broke White's
      UPI  -  218 words
    • 255 7 UPI FRANK BRUNO, who battered Jamee 'Quick' Tillis to bloody submission on Tueeday night, should be grateful Mike Tyson is committed to unifying the world heavyweight title. The Briton, fighting for the first time since losing a world title challenge to Tim WHherspoon
      UPI  -  255 words
    • 179 7 Reuter CHRIS DICKSON, who skippered the New Zealand yacht KZ7 to the challenger final in this year's America's Cup series off Fremantle. Australia, has been dropped for the world 12-metre championships off Sardinia in June. Dickson was replaced on Wednesday as skipper
      Reuter  -  179 words
    • 476 7  -  By WALTON MORAIS AS THE OLD MEN of the lour dominated. 27-year-old Peter Fowler stormed home with seven birdies to finish in a four-way tie for the lead in the opening round of the Singapore Open golf championship at Bukit yesterday. The 1983 Austrslian
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  • Page 7 Advertisements
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  • Page 7 Miscellaneous
    • 1194 7 A Vietnam war veteran, returning to Laos in search of the girl he left behind thirteen years ago, is confronted and captured by an officer whom he court-martialed thirteen years earlier for attacking a 14-year-old girl. The ex-officer blames him for the miserable life he has led since the incident
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    • 16 7 Bn Stow, to mUBRISTJxo I'VE. Been TAPING NOOR NCM£L ftND IF' go Jg^OpjJBMWJ &*D J08...... V
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  • Page 8 Advertisements
    • 423 8 iniMUU JOINT VENTURE Mi l 5U813 GMBfMCTM CO. LTD. (SMCEIBO4) 10 Anson Road, #12-14 international Plaza, Singapore 0207. Tek *****06/7, *****24 Telex: RS ***** SCCPORE, Facsimile: *****90 ■I a Main Contractors 138, Robkwon Road, #06 #096 #10 Hong Leong Centre, Singapore 0106. Tek *****11 Telex: R*****6 MSKStN Fax: *****47 Mi
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  • Page 9 Advertisements
    • 894 9 TOPPING-OUT TODAY SHENTON WAY'S NEWEST BUILDING 'Now is the time' Teo Soo Chuan, Chairman, Malayan Credit Land Private Ltd talks about timing. rWhen we drew up plans for 78 Shenton Way, no one could foresee the recession. After it hit Singapore we continued building, not a day was lost. We
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  • INTERNATIONAL STOCKS
    • 330 10 Reuter -A STRONG PERFORMANCE all BAT Industries >PLC's major sectors enabled the group's 1986 .pre-tax profits to pass the £1 billion level for the third .year running, according to chairman Patrick Sheehy. The group earlier reported a 19 per cent rise in profits
      Reuter  -  330 words
    • 222 10 Reuter BRITISH AEROSPACE {BAE) will withdraw from the four-nation Airbus project to build a European long-range airliner if the government does not improve its current offer of development aid. according to company officials. In a news conference to announce the company's .preliminary
      Reuter  -  222 words
    • 412 10 Reuter WALL STREET grudgingly gave ground on Wednesday and ended its six-session rally as investors embraced a cautious strategy and elected to take profits. "This is just a normal corrective day. a day of consolidation and catching one's breadth after a big run," one analyst
      Reuter  -  412 words
    • 148 10 MAR as C f Inco 71 '4 4-% Inl ftrn, i D1 M 46 Abffltx ..40 •1% lu Intt 25 54 Aigoma Sn 14% Karr Addison /4 14 onch Bank Nova Scotia. 1954 McMII Bkjl 61 54 •1% Bank Of Montreal. 34* 70 Ball Canada 43% M X •X
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    • 210 10 II i Truat Bfc 158 3 Un Staal 70 -2 Wooltru 1500 MO A Alpha U6TNALS 1820 *20 m Abarcom Aad 410 1700 unch unch 6 Angtoa 8860 100 unch 125 ASST* 6200 2275 Dlrtowi MM 100 guttata 8100 300 C Q Smith 36A06 Charter CNA 340 4000 Curria
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    • 573 10 mm m KrHMMMlii Hi AMg In! 24% unch Ailtad StQ 47% Allia-Ctialmar* Am Brands Inc.... Am Can Co 2% 48% 91% •1% Am CyanaoMd Am Elac Pwr M% as% Am Expraaa 7t% Am Homa Prod Am Motor* Cp A max Inc n% 4% 18% •1% Amarada Haaa.. Amoco
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    • 735 10 Amsterdam MAR U ABN Aagon Ahotd 511.00 86 SO 107 00 -7.5 0.2 47 Afczo 141.00 ***** -24 +0.2 AlylCV. Amro Bank.. Am 8tad 63.00 60 00 ***** unch -1.2 BOLS Boraumlj Buatwman T« Calva Elaavtac Fokfcar Gamma QMbroc Hoooovtn® Hunoou InHrnitk? Mu KLM 10.60 156.20 136.50 Maroda
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  • Page 10 Advertisements
    • 103 10 V ii Wi&i* id wtite, dine mil eatertaia RESTAURANT ■£ft t c K You can be one of our lucky winners too! Each time you have a lunch or dinner at the Meisan Szechuan Restaurant, you stand the chance to win a Free Meal, valued at exactly the same amount
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    • 110 10 /Savour the\ /'Manhattan Splendour' £*¥> 4r A superb lunch experience with a grand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. The Manhattan Splendour a superb choice at only $24.50*. 'Subject to 10% terrier
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    • 177 10 TEOCHEW PORRTDGF BUFFET $5 50 O*' 4". h ."^5O- vifv* hnrroK/ rlkhf (per person) You can enjoy savoury'homety dishes such as braised pork steamed stuffed bean curd samoal fned salted fish 9 sauteed chicken with mushroom sauteed chai poh omelette f fned black pomfret in soya bean sauce 9 chap
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    • 48 10 FURAMA TIFFANY COFFEE HOUSE i L A Festive Feast For Your Familv. Let vourself go and eat to your heart's content with a wkle gTJ)* variety of Oian Xln specials' 10 EuTong sen Street FURAMA Singapore 0105 SINGAPORE HOTEL Tei: *****88 214 Duneam Road Singapore 1129 Tei: *****22
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    • 130 10 London docks on Poq» If THE M r IXLaIILi ft l t ill With the dynamic j Melody Band from I the Philippines. At The Lounge daily except Sundays, Bpm lam. with an extra hour on weekends and eve of Bublic holidays. Happy [ours from 5-7pm daily Third drink is
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  • ASIAN STOCKS
    • 381 11 HONGKONG: Share prices closed sharply lower in moderately active trading yesterday as selling pressure mounted in the absence of fresh incentives, brokers said. The Hang Seng Index fell 48.38 to end the day at 2,783.12, while the Hong Kong Index lost 30.71 to 1,792.28. Turnover was HK5759.99 million against
      381 words
    • 250 11 MAR 26 All Sincars Indus Asia Camant Cathay Cons Chang Hwa Bank NT I 3 23 36 20 44 80 88 90 -0.1 -02 unch unch Kuochan Dav Laa Chang Yuan Cham Indus Lian Hwa Indus Nan Ya Plaa Pacific Cona 31 00 33 30 23 90 37 70
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    • 375 11 TOKYO: Shares closed higher in heavy trading yesterday as the yen's strength against the dollar convinced investors that the government would move soon to stimulate the domestic economy, boosting shares related to this theme, brokers said. The market average rose 85.82 to 21,568.79, but had risen as high as
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    • 97 11 HAD M 1 PESOS Marstee! Acoi« Mining 0 01 unch Oriantal B Phil Overseas Phi lex B 0 028 0 042 041 -0 001 0 001 unch ***** Picop B PLOT 297 50 5 Atlas Con. B 21 unch Baguio Gold Basic Petroleum..'. Benguet Con. B 0 006 0
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    • 398 11 SYDNEY: Heavy demand for gold and mining stocks and moderate support for blue-chip industrial stocks sent Australian share markets yesterday to their sixth consecutive record in heavy trading, brokers said. Recent heavy offshore support for Australian stocks and bonds, hopes for a cut in interest rates and a belief
      398 words
    • 139 11 Mar 26 Wan Kong wen kid— 1560 +15 ***** 600 Jygof 3190 90 HA Motor 1955 5 Potfcii lnd_ 71A +11 KotOn M 4350 +150 Do* «oo Co) p 1100 (yy 1483 -17 -30 Koroo long-Tor m 2520 80 1650 vndt PoM*> Sooi Dang Alt Ph Oeng Suh S*
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    • 154 11 BANGKOK: The Stock Exchange of Thailand Index yesterday rose 0.37 point to 227.97 on a turnover of 1,793,564 shares worth 205.3 million baht. MAR M 1 Ao Kham Thai Ayudhya Invastmant Bangkok Agro-lnd Bangkok Bank IAHT 214 298 78 261 19 20 1 unch Saha Union Siam Camant Stam
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    • 73 11 Reuter JIANGSU TOBACCO CORP and Celanese Fibres Operations Ltd on Tuesday established China's first cigarette filter joint venture, the Nantong Cellulose Fibres Co, said the Chins Daily. The joint-venture factory, due to start operations in 1969, will be able to produce up to 10,000 tonnes of cellulose
      Reuter  -  73 words
    • 485 11 Reuter A STRONG PERFORMANCE by its retail businesses and affiliates will enable Jardine Matheson Holdings Ltd to report today a big leap in net profit in 1986. Stock analysts expect the company to show earnings of between HKS42O million and HK$45O million last
      Reuter  -  485 words
    • 386 11 UPI SECURITIES dealers shuddering at the crackdown on insider trading in New York and London may wish they were in Hongkong the world's third largest financial centre where offenders face nothing more onerous than public embarrassment. This could change as the government
      UPI  -  386 words
  • Page 11 Advertisements
    • 542 11 Vj ii Wtere id Mc, iiae m<l «aMia IK j& #i=P Start ofA New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The
      542 words
    • 161 11 xn: 7W7F j Poking Sichuan Restaurant *Nsniaft .>■ HOKKIEN-PORRIOGE ITS DINNER/SUPPER Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 QQ++ Dinner/Supper Tims: 7pm 3am f ,v U;v./• V >• -M-10* service charge A 3% government tax not Included. 7 A 7 A
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  • BANKING AND FINANCE
    • 252 12 AP US Treasury Secretary James Baker on Wednesday voiced disappointment that newly industrialised nations in Asia have not dOne more to strengthen wieir currencies against the VS dollar. He named Taiwan and $outh Korea in particular. Mr Baker, testifying before the Senate governmental affairs
      AP  -  252 words
    • 361 12 ASIAN DOLLAR deposit rates closed little changed from opening levels in quiet afternoon trading yesterday. Most operators were sidelined in the afternoon on lack of interest. Mr Baker's comments that he stood by the Paris agreement among major industrial nations to foster exchange rate stability around present
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    • 1089 12 SINGAPORE: The US dollar closed mixed against major currencies yesterday, slightly higher against the yen and the Singapore dollar but a shade lower against European currencies, after a day of quiet trading. It was well supported against the yen on some buying by the Bank of Japan and
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    • 228 12 Interbank rates at 3pm yesterday: Cmtmmekm MMM IMM InMnMliR M Ohr •MM Local dof Ian to on* unit of foreign curroneyt US dolor 2.1400 2.1410 ***** -24.10 Sl»itni p< wnd ***** 3.4266 ***** •5341 Amiiolun dolor 1.4808 1.4826 3.4286 •5641 NZ dolor 1.2037 1.2064 ***** •6449 Canadian dolor
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    • Article, Illustration
      128 12 THE OVERNIGHT rat* on the Singapore interbank market rose by 1% point to finish at 3ft per cent yesterday. The term rates each gained 1/16 point across the board. ttl# IWCIQ9 of tfl# —-I M 40% prim© ienair>g riivi Of 12 major banks In Singapore S$ Interbank rates
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    • 157 12 Interbank market ratee (offer/bid) on March 26 us$ DM SWFC Y«n 7 day* IS/14 It/M io i/a 17/» 3 IS/14 —13/14 13—113/4 S-47/1 1 «i/a j/« 10 1/1* IJ/14 4-37/1 4 1/1-4 4 3/i 1/4 3 w#» i/a J/4 s/a 4 1/14 3 IS/14 3 IS/14 13/14
      157 words
    • 260 12 HONGKONG: Gold closed lower yesterday in moderate trading in spite of light demand from the Middle East Bullion finished the day at U*****.85/U*****.25 per ounce compared with the U*****.40/90 close in New York. On the local market, gold closed HK$l3 below its finish here on Wednesday at HK$3.BlB
      260 words
    • 565 12 AT THE BACK of a more stable dollar and good four-year US Treasury auction results, June Eurodollar opened two ticks better than Chicago's close at 93.46 but unchanged from Wednesday. Light trading was recorded. Liffe opening saw firmer prices with the June contract ending one tick higher at 93.47.
      565 words
  • Page 12 Advertisements
    • 501 12 NOTICES M TNI MATTER OF THECOMPMWACT.CAPM6 A ''11-.!• PfMNN CULTURE (S) PTE UD NOTICE IS HEREBY GIVEN that at an Extraordmary General Meeting of Praiwi Culture (S) Pte Lto duly convened and held at 36 Robinson Road. #05-0lA)2 City House. Singapore 0106 on 24 March 1987 the Mowing resolutions were
      501 words
    • 417 12 In the matter of The Companies Act Cap. 185 and la the aiatter of KLGA i i'm a ft»u (Members' Voluntary Winding Up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at Eeperance Alle lOC. 3930 Charlottenlund, Denmark on Friday. 30 March 1987. the following
      417 words
    • 447 12 iKft i 1 T i 4 ¥»A i COMPANIES ACT. CAP ltS AND IN THE MATTER OP M'• *'l *i VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the member* of SINGAPORE CEREAL PRODUCTS PTE LIMITED duly convened and held at Prince's Building. 22nd Floor, Hong Kong on March 25,1987,
      447 words
    • 467 12 (PRIVATE) LOOTED (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OP FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 300 of the Companies Act, (Chapter 188) that a Final General Meeting of the Members of the abovenamed Company will be held 101-A Upper Cross Street, #11-23, People's Park Centre, Singapore 0108 on Wednesday
      467 words
    • 427 12 lyfc I 1*; THE COMPANIES ACT, CAP. Its (Revieed) AND IN m MATTER OF Y L ENGINEERING A CONSTRUCTION PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 290(3) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held
      427 words
    • 2 12 TRADER VK'S
      2 words
  • Page 12 Miscellaneous
    • 50 12 Doonesbury MJKHW, B.&, MY FfisT-UFESX-PERJBNCBBMIGHT MAKEMORB seHseiuwutFWpJi/sr •I? r m ALL YOU HAVE TOPO/SA9K WRSBLFUHO YOU REALM ARB, uwiOUßPFesatrr BARIH'PLANB INCARNATION REALLY/Sf\ < 22 fi BY GARRY TRUDEAU EA9Y. I'M A "THIRDSTRING QUARTERBACK. FINE. NOUJ HOW ABOUT YOUR HIGHER SPIRITUAL SELF, YOURDMNBFORM* MHO IS HE* E 7Z <> n m
      50 words

  • SHARE INFORMATION
    • 4374 13 AN EARLY buying spree fizzled out yesterday. The market closed mixed after a day of moderately heavy trading. The Straits Times Industrial Index rose 2.26 points to 1,082.16, a fraction short of its all-time high. The BT Composite Index increased
      4,374 words
    • 254 13 SINGAPORE Rites Ind less Monti 25 Mordi 26 Matro 1 My N S T 790 20 ncim.dn 950*0 951*6 765 15 •T ot/os •1S1 -167 Wand Pan 400 12 IT CADI -6255 -6261 FAN 1040 10 ITOtV *****2 *****6 C C M MO 10 STMnMob 1079.90 1062.16
      254 words
    • 4146 13 810 and offer prices officially listed and businesa in and reported to the Stock Exchange of Singapore yaatarday with tha number of shares traded shown in brackets In lots of 1,000 units unleea otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,146 words
  • Page 13 Advertisements

  • RAW MATERIALS
    • 172 14 MALAYSIAN crude palm prices closed slightly lower yesterday on renewed speculative selling and buyers' reserve. Dealers said sentiment was dampened by lower offers seen at India's weekly palm oil tender after the market had firmed initially because it was being held. March deliveries in the central region fell
      172 words
    • 91 14 OIL PRODUCTS PETROLEUM PRODUCTS in East Asia were mixed. Fuel oil fell on trades at lower levels, while LSWR firmed on buying interest into Japan and the US. Naphtha, gasoil and kerosene closed unchanged. Closing prices for crude (FOB origin) US$/barrel Change Dubai (May) 17.15 -0.70 WT1, West Texas Intermediate,
      91 words
    • 142 14 Chinese Produce Exchange SoMors noon dorinQ prio More* 26 (S$/100 kg) M on Coconut oil Mi FOt 86.00 OM drum FOt 96.00 N*w drum FOB 100.00 Copra Mlx*d (loow) 48 leflen Pepper FOt NtW 1I7&00 Serowafc WWN FOi foq NtW f ,L 1140.00 •orowoB »p®ooi Modr FOt MW
      142 words
    • 254 14 SINGAPORE The market closed higher yesterday with April 1 RSS buyers quoted at 196.25 cents/kilo, up 1.25 cents from Wednesday. The morning session gained 0.75 cent on some short covering of nearby position in thin trading. Prices gained further ground in thin afternoon trading. On the TSR-20 market, prices
      254 words
    • 208 14 WHEAT FUTURES in Chicago backed off from midsession highs on speculative long-liquidation to end mostly higher in light trade on Wednesday, ranging from up one US cent per bushel in May at US$2.B61/4 to down 1/4 cent in urv traded distant May. Persistent rumours that the Soviet Union would
      208 words
    • 203 14 SOYBEAN FUTURES in Chicago closed on or near the highs on Wednesday, supported in part by a rally in soymeal, ending with gains of 4-1/2 to 7-1/4 US cents per bushel. May settled at U554.94-1/2 after posting a 5-3/4 cent range. Trade-talk that a major advisory service has recommended
      203 words
    • 109 14 THE PRICE OF TM on fee Kuala Lumpur tin market fell Ave cents to MSI *.81 per kilo on continued lack of support, dealer» said. Trading ruled quiet MMmlftw mMAi naiiy wiui DUyOTB DKXIIf>Q only 99 tonne» while seller» offered 7i tonne» at WwvfiVvQiy 8 l#V#l. The market
      109 words
    • 65 14 Bangkok (USS/wm. K*> Whit* Rice 100% 1« doM 2 H 100% 2nd don 228 100% 3rd don 223 5% 213 10% 20t 13% 203 20% 195 23% 190 35% U5 Broken Rice A-l Supor 14* A-l Spodol 143 C-l Spodol C-l Ord unq Loonzain Rice 100% l« grade «"q
      65 words
    • 297 14 RAS prices m S MiMg, FOB In ball NOON CLOSE 8vy*rs Sellers Bwy*rs Sollon bt 1 RSS Prompt 197-50 198 JON 197.50 198 JON bt 1 RSS April 87 196.00 196.50 196.25 ***** Inf 1 RSS May 192.75 193.25 193.25 193.75 bt 2 RSS OP 180.50 182.50N
      297 words
    • 77 14 (canfi/kg, 1-ton poltafi) APRIL 87 MAY 87 (currant month) (forward month) NOON NOON RAS Bwy«n Sdm SSI 20 169.00 171.00N 169.00 171.00N SSI 50 168.00 169.00N 168.00 169.00N MRELB Bwyan Safcn lvy«n SMI CV 246.50 248.50N 247.50 249JON SM* I 245J0 247JON 246.50 248J0N SMI 5 201.00
      77 words
    • 826 14 COFFEE Robust* coffee futures ended a dull and fairly featureless Wednesday £14 to £25 a tonne lower. Near May last traded at £1,285, in the middle of the narrow £20 range it had held within but £20 down on Tuesdsy night's close of £1,305. Volume was 2.320 lots,
      826 words
  • COMPANY NEWS
    • 468 14 PROFIT-TAKING activities caused share prices on the Kuala Lumpur stock market to finish on a mixed to marginally easier note. Investors were eager to hit-and-run and make the most of whatever rises recorded by situational counters on Wednesday. However, a few blue chips and
      468 words
    • 804 14 LONDON equities were marked down in early trading yesterday in continuation of Wednesday's shake-out and following a six-point fall on Wall Street overnight At 11.00 am. FT 30 Index lost 13.0 points to 1.610.0 while the FTSE 100 Index was down 14.2 points to 2.028.7. On Wednesday, the
      804 words
    • 2525 14 810 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 ot 1.000 units unless otherwise specified. INDUSTRIALS Acme *****) AJlnomoto 130*6) Alcom (838 S4SI (II 82
      2,525 words
    • 116 14 GENERAL SECURITES investments Limited: 12th AGM in the Function Room of The Development Bank of Singapore Ltd, 45th Storey, DBS Building, 6 Shenton Way, Singapore 0106, today at 11am. VAN DER HORST Limited: 13th AGM at 11 Pandan Crescent. Singapore 0512. on Monday, March 30, at 10am. GOOOWOOO
      116 words
    • 381 15  -  By LISA LEE HOTEL NEGARA slipped into the red last yeer at the pre-tax level with unaudited group losses of $356,263 compared with a profit of $446,845 in 1985. A full provision for diminution in value of an investment with defunct Wannian
      381 words
    • 364 15 NST FUTURE APPLICANTS for new share issues in Malaysia will be required to furnish proof of their identity in their applications to overcome the problem of multiple applications. Issuing house MIDF Consultancy and Corporate Services (MIDFCCS) was expected to implement the new ruling in
      NST  -  364 words
    • 526 15  -  By AMY CHEOK THE REDUCTION in operating costs plus the lowering of the corporate tax rate have sharply boosted profits of Singapore Bus Service (1978) Ltd. But results for 1987, SBS said, were not anticipated to be as good as
      526 words
    • 439 15  - High Low pre-tax profits halved to M$30m By ELAINE KOH PLANTATION GROUP Highlands Lowlands Bhd has once again succumbed to adverse commodity prices, resulting in a 50 per cent drop in consolidated pre-tax profits to M 530.36 million (from M 560.66 million in 1965). Turnover also shrank by 24 per
      439 words
    • LATEST
      • 47 15 Group pro-tax profits roso to M 53.63 million in 1986 from $2.99 million the year before on a turnover of $41.26 million ($40.07 million). A first and final dividend of 7.5 per cent less tax will be paid on a later date.
        47 words
      • 42 15 Group pre-tax profits fell to M 52.48 million in 1986 from M 53.47 million previously. A final dividend of 30 cents a share less tax will be paid on June 22 to shareholders registered on June 5.
        42 words
    • 311 15 MBT SOON-TO-BE-LISTED Dreamland Holdings Bhd will use M 53.75 million of the M 55.05 million net proceeds from its public issue for expanding operations and upgrading production facilities of the group. The remaining MSI.3 million will be used for additional working capital. Directors feel that the
      MBT  -  311 words
    • 454 15  -  ■y AMY BALAN ALTHOUGH SEALION Hotels Ltd •merged from 1906 with a total accumulated loss of $77.5 million, it generally hat a dean bill of health, in view of its cash trove of some $96 million. It* annual report on Wodnes
      454 words
    • 831 15 Current b ■•ate Dale Total tor Total tor payment Me ctoee payable year toat year A B N 13'/i% NYA NYA NYA 27% 27% Asiatic Dot 3% May 6 May 19 Jul 1 5% 5% Ayr Hltam Tin 7%l Mor 13 Mor 25 Apr 8 7% 80% BAT
      831 words
    • 210 15 Company RIGHTS ISSUE Bedford On*-for-on* $0.50 par shore C 1 Holdings 27 million loon stocks in tha ratio of $3 loon ftodi for avory five ordinary City Dev Ona-for-four 4 $140 par shore Kghts issue of bonus with warrants in tha ratio of )l no< mnol amount of
      210 words
    • 114 15 HONGKONG Hongkong Index Thursday 1792.26 Wednesdoy *****9 Week oflo *****0 Hang Seng Index Thursday 2783 12 Wednesday 2831 50 Week ago 2721 28 All Industrials Thursday ****** Wednesday 2588.2 Week ogo 2575.6 NEW YORK Dow Jones Wednesday *****9 Tuesday *****8* Week ago 2286 93 TOKYO Nikkei Average Thursday
      114 words
    • 140 15 THE HONGKONGBANK confirmed yesterday that it had exhausted the various avenues of satisfying Singapore laws with regards to the offer of its one-for-eight rights issue to shareholders with registered addresses in the Republic. These shareholders, together with those registered
      140 words
    • 403 15 GREAT EASTERN Life Assurance Co Lid's proposed bonus issue will be effected by capitalising a sum of $2.76 million from its general reserve. The proposed increase in the issued share capital will not enhance the earning capacity of the company. The bonus issue, thus, does not imply higher
      403 words
    • 239 15 Managers' prices for March 27 Singapore Unit Trust Tha Cawci 104 1 12 Tha Savings Fund 091 0W Spor* Frog Fund 0.41 0.45 S'pora Sac Fund 069 075 S'pora hrf< Fund 078 045 S'pora Equity Fund 0 SO 0 55 Asia Unit Trust Mol Invest Fund 137 145
      239 words

  • Page 15 Advertisements
    • 268 15 NOTICE IN THE MATTER OF THE COMPANIES ACT. CAP. 185 AND IN THE MATTER OF LEWISTON ENTERPRISE PTE. LTD. (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the members of the above named company duly convened and held on the 20th day of March 1987, the
      268 words
    • 39 15 Please be informed that effective March 30,1987, our office will be located at: 85 Chulia Street #11-00 OCBC Centre Singapore 0104 New Telephone Numbers: *****22 Ext 300/301 (General) *****77 (Dealers) *****73-5 (Operations) Our telex number remained unchanged: ***** INTDIB
      39 words

  • 502 16  -  Company to provide travel package for Japanese patients By ANNA TEO KIDNEY DISEASE PATIENTS need not be home bound. And with an eye on those from the region who do get around, the Toray group of Japan has set up a dialysis centre
    502 words
  • 530 16 UPI, Bernama ES 'WITH international terms of trade slowly turning in Malaysia's favour, its battered economy should recover modestly to expand by 1.5 per cent this year, central bank governor Oatuk Jaffar Hussein said yesterday. He said that if exports grew
    UPI,; Bernama ES  -  530 words
  • 193 16 Reuter INDONESIA may demand a formal explanation for remarks by Singapore's Second Defence Minister (Services) about Malays earlier this month, Foreign Minister Mochtar Kusumaatmadja said yesterday. He was responding to questions from Indonesian reporters about BrigadierGeneral Lee Hsien Loong's comment last
    Reuter  -  193 words
  • 60 16 AFP CHINESE and Portuguese negotiators initialled in Beijing yesterday an accord on the return of Macau to Chinese rule in 1999. A joint declaration initialled after 10 months of talks provides for the return of Macau to Chinese rule on December 20. 1999. The handover
    AFP  -  60 words
  • 820 16 Reuter THE POSSIBILITY that a major earthquake will strike Tokyo, causing corporate and financial ruin, haunts the worst nightmares of many insurers and bankers. The Japanese capital is shaken by hundreds of small tremors every year, but last week's big quake in
    Reuter  -  820 words
  • 334 16  -  By LUCY NG THE CONCEPT of town councils was welcomed by participants who spoke at a forum on the National Agenda at Kim Seng Community Centre last night. But the msjority of those who spoks on team MPs did not seem to
    334 words
  • 115 16 UPI THE VATICAN yesterday predicted a record 1967 budget deficit of US$63 million and appealed to Catholics all over the world to contribute more money. The deficit planned appeal were announced in a Press statement issued at the end of a three-day meeting of the
    UPI  -  115 words
  • 535 16  -  By ALVIN TAY, Banking ComapondeiH DBS BANK has arranged a $50 million financial package to restructure the loans of Scotts Holdings (Re) Ltd, a move which will result in substantial interest savings for the property arm of the R Jumabhoy A Sons
    535 words
  • 120 16 Reuter TURKEY retaliated againat Greece yesterday in their Aegean Sea dispute by taking new oil drilling rights and aaid that it had carried the row to the UN Security Council. An announcement in the official gazette said that the government had licensed state-owned Turkish
    Reuter  -  120 words
  • 95 16 Bernama A NATIONAL SEMINAR on the New Economic Policy which ended in Kuala Lumpur yesterday unanimously approved a resolution for the extension of the policy after its expiry in 1900. The president of the Federation of Bumiputra Trust and Public Enterprises Agencies, Datuk Mohamed Ali
    Bernama  -  95 words
  • 59 16 AFP TUNISIA yesterday decided to break diplomatic relations with Iran after determining that the Iranian embassy waa working to "propagate anarchy and religious sedition.'' the Tunisian Foreign Ministry announced. The deciaion followed a Cabinet meeting which studied the "implications and the breadth of the suspect
    AFP  -  59 words
  • LATE FILE
    • 42 16 AP WORLD BANK prssidsnt Barber Conebls urged Japan yestsrdsy "to sxert a strong leadership role" in promoting opsn trade so that developing nations can sell their goods and develop their aconomiaa to eradicate pov-J erty. AP A
      AP  -  42 words
    • 43 16 Bernama MALAYSIA'S public corporals ■actor should play a bigger role in the 1980s to promols nstional economic growth and achieve the objectives of ths nsw economic policy (NEP), a seminar on the HEP was told yeetsrday. Bernama
      Bernama  -  43 words
    • 39 16 Bernama THE BALANCE of trade between Malaysia and China from January to November last year was in China's favour to the tune of about MS2BB million. Trade data tor this year were still not available. Bernama
      Bernama  -  39 words
    • 34 16 Bernama UMNO YOUTH chief Anwar Ibrahim said yesterday he would not contest the post of vice-president in the supreme council slscttons next month if this would cauae problems for the party.
      Bernama  -  34 words
    • 37 16 Reuter SOUTH KOREA is studying a plan to buy mora coal from tha US and to start Importing Alaskan crude oil to help cut its huge trade surplus with Washington. Reuter
      Reuter  -  37 words
    • 58 16 AP INDONESIAN Foreign Mimetor Mochtar Kusumaatmadja aaid yaeterday Indoneaia would not normaliee relations with China, although he agreed with the view that now would be a good time to do so. Mr Mochtar told a news conference that In splto of this view, "I will only
      AP  -  58 words
    • 32 16 AP AN INDONESIAN government financial watchdog body sot up in 1961 said yesterday its investigations had led to recovery of nearly US$OOO million in state funds. AP
      AP  -  32 words
    • 37 16 AP NEW ZEALAND'S Deputy Prime Minister. Qeoffrey Pslmer, expreesed concern yesterday about Soviet influence in the South Pacific and urged a larger Japanese role in the region to counterbalsnce the Soviets. AP
      AP  -  37 words
  • Page 16 Advertisements
    • 260 16 Fr.'f "QIGONG HEALING ART AND TECHNOLOGY" i*jkla4;T4TT*i; 11th A 11th April Vtfluo: York Hotel Time: 9«mlo spm btMl NAM 20th to 23rd Apnl r«UnhlH »wiiuw» wiimniu nvivi A: Qigong MeiHtillmi Dale: 20ft 21 stApri Time: 9am—2pm d. uncvfuroi ifQ Moving ojssu* Time: 2flopm s:3opm OR Dale: 22nd 23rd April Time.
      260 words
    • 5 16 Earl tor report, Pag« 4
      5 words
    • 61 16 2 8 You owe it to yourself to check out Ardmore Park... the security is excellent, school busescall at the gate, and there is aerobics, squash, tennis, swimming, chip and putt —and special interest classes for all. Above all, there': a friendly atmosphere where the family will feel right at
      61 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 459 17  -  By LILIAN ANG -.J.MAJOR shipping lines plying the Straits/Australia and the Straits/New Zealand trades ."have decided to sit tight and wait out the entry of ABC Conplainer Line next month. Pending the maiden ABC sailing on April 8, the main op■Z
      459 words
    • 166 17 Reuter NORMAL WORK haa reaumed at New Zealand ports aa negotiatione between harbour board workers and employers continue. Wellington Harbour Board Workera' Union eacretary Roaa Wileon said that the talks on late Wednesday ended with an agreement to take unresolved issues
      Reuter  -  166 words
    • PORTSIDES
      • 75 17 MITSUI OSK LINES will pay no dividend in the year ending March 31, the first time it haa omitted a payout since the first half of 1960/67, a company spokesman said. The company paid out tour yen per share in 1965/86. The epokeemen told eaid toe
        75 words
      • 81 17 Reuter ABOUT half of Brazil'e 40,000 aeamen have returned to work after accords with 22 companies, and the national strike which began on Feb 27 looks ctooo to ending. A Brazilian union epokeeman apaaktog from strike headquarters in Rio do Janeiro estimated that 80 ships
        Reuter  -  81 words
      • 116 17 AP SAUDI ARABIA'a Defence Minister haa dismissed reports that the country had already completed a deal to buy its first submarinee. The official Saudi preee agency quoted Prince Sultan as saying, "the kingdom haa not yet decided on the party that wine the tender
        AP  -  116 words
      • 110 17 AP EIGHTY-FOUR semi-automatic pistols found in a microwave oven heeded tor the Philippinee were forfeited becauae the would-be exporter lied on sales documents, according to a suit filed on Wedneeday. The shipment of small-calibre firoerms, a type commonly used for personal protection, waa seized last Oct 16
        AP  -  110 words
      • 101 17 TWO SEAMEN drowned and three were mieeing after a Taiwan Navy vesssl waa crippled in an attempt to reecue crewmen from a grounded tanker. A Taiwanes® military spokeeman eaid the naval rescue ship Number 551 was driven onto rocks by heavy seas off the
        101 words
    • 954 18 FT MARITIME pollution has become an issue of increasing international concern over the last 25 years as the world's shipping fleets have carried an ever-growing volume and variety of dangerous and environmentally damaging substances. The potentially serious nature of the threat has been
      FT  -  954 words
    • 316 18 UPI THE UNITED STATES Navy plans to station permanently an aircraft carrier in the Indian Ocean aa a continuing show of force in the face of tense situation in the Strait of Hormuz through which much of the world's oil is shipped, US
      UPI  -  316 words
    • 196 18 Reuter IRAQ has attacked two or three tankart carrying Iranian oil in the Quit since Saturday, anding a lull of about three weeks in the so-called tanker war, shipping sources said. 'Two or three ships have been hit and there appear to have been some
      Reuter  -  196 words
    • 1017 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Ahrenkiel liner X 1 Africo Ocean IX 4 Alltrans VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines IX 5 Atlas line X 3 ANl 1 1/2 APC line V 4 API
      1,017 words
    • 1135 18 ON THE London shipping freights market on Wednesday. general firmness was sustained throughout most of the charter market but with the business accent remaining on time-charter employment. Periods continued to attract attention, with Wilhelmsen engaging two bulkers for 12 months. These were the 66,000 dwt Bunga Kesidang at
      1,135 words
    • 177 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      177 words
    • 184 19 Seatrade Week TWO OF THE three most prominent lenders to the Greek shipping community Bank of America and Chase Manhattan are reported ready to close shop in Piraeus and to transfer a lessened involvement in ship mortgage lending to their
      Seatrade Week  -  184 words
    • 491 19 Lloyd's List A JOINT LAY-UP pool of West German container ships is planned by 20 of the country's leading tramp operators. The owners, who control a fleet of 150 ships in the 400-1,000 TEU range, plan to set minimum charter rates and
      Lloyd's List  -  491 words
    • 435 19  -  ■y Kingsley wood BHP ships engaged in the Far East coal trade have succeeded in winning business away from Japanese carriers, doubling their share of the Australian-Japan shipping trade in the past year and are now operating at capacity. BHP is
      435 words
    • 241 19 Opecna THE KUWAIT Oil Tanker Company (KOTC) is expanding its products transport sector in line with the country's plan to export some two-thirds of its crude output in the form of high-quality oil products. The parent company, the Kuwait Petroleum Corporation (KPC), is increasing
      Opecna  -  241 words
    • 75 19 AP THE BRITISH ferry that capsized on March 6 off the North Sea port is due to be uprighted next Tuesday. A spokesman for Townsend Thoresen said salvagers welded the last half of a 50-metre cantilever brace to the exposed side of the 7,951-ton
      AP  -  75 words
    • 3240 24 KMeno Mara. Triot. March 30PK). Olu Ha. Chine Ocean Shpg. March 20 B Parmai. ScanOulcht March 30 Evar doing. Evergreen. April 1. Ming Enargy. Vang Ming Una. April 2 Xing Ha. CNna Oooan snpg. AMI 4 Large Bay. Triot. April 4(010. VWa Da
      3,240 words
    • 1006 24 AT CONVENTIONAL WHARVES Horapon Soawdra MIA 2703/0900 *****600 Mah Koncono M2B 2703,0800 2703/2300 VmmI ifplwftl ioyo Barnao M3A 27.*****0 2703/2200 f lllll n Afrivii DipBiuirt Kohaanton 1 M4A 2703/0700 2703/2300 KEPPEL WHARVES AHaaani Klf 26 03/0600 2B 03/2300 Lo(u V Napnpomch 1 MIC MBA 2703/1100 2703/1000 2703/1500
      1,006 words
  • Page 17 Advertisements
    • 395 17 ,J eanM.j\ U ei TV 4t k* if Mammoth Hunters JtM M.AIM( H CORONET BOOKS T t WW/ rgg| mk JAMMNC SHtPfINC AGENCIES Otm. No. MSMI 00 ao cmud—x Road #12-05 imSjmt. Swpun am W 22U011 TEIIX NO IB 2*179 TERMINAL/CFS Td *****11 220 BOOKINGS Til *****34 235 PUMA JAMMNE
      395 words
    • 71 17 mm MARITIME poltuHon has become an toue of Increasing international concern over the last 25 years as the world's shipping fleets have carried an ever-growing volume and variety of dangerous and environmentally damaging substances. Page M A JOINT LAY-UP pool of West German container diips is planned by 20 tramp
      71 words
    • 282 17 r. NEEDED LOVE. SHE WANTED REVENGE. Emma Hartr is MAERSK LINE TO JAPAN nttd Mfflng "LAURA MAERSK" «td 7.4.87 28/4 hi V5 M MA tM CY SI/3 If CM —MOO E XI Sr--sr.fi! :T r "j* ■r* M IW I M M M M. 11A in MM SM M SM
      282 words

  • Page 18 Advertisements
    • 286 18 COMPfIGNIE MARITIME DAFFRETEMENT REGULAR CONTAINED SLRVICE FAR LAST TO MEDITERRANEAN AND EUROPE outbound ro NORTH continlnt ALSO ARABIAN GULF AND INDIAN SUB CONTINENT OUTBOUND TO MEDITERRANEAN r-r OUTBOUND TO ARABIAN GULF AND INDIAN SUB CONTINENT INBOUND FROM N CONTINENT MEIDIT ERR ANEAN/ A R ABl AN GULF A sJ) OCEANUS
      286 words
    • 283 18 PT. of UXI. PT KLANG TEL: 03 *****C0 TMHM.M. TLX: ***** MTM Frt Booking contact Miw Gan B'PORE LOO. FOR L£ CHANG UM Om MTM S'poro. T The Super System |L. Barber Blue Sea SupcrcarrHT Sen ice TO: PANAMA US WC/EC/ JVV 'JV OLU ZJ> IL. CONTAINER SERVICE a I
      283 words

  • Page 19 Advertisements
    • 601 19 The Straits Steamship Group J STRAITS SHIPPING Sinoaoors to Sabah. Sarawak Brunei Ports and Bangkok IUMAi. TTuT^TITJ BANGKOK BORNEO A6ENCIES LTD. BANGKOK TEL *****80 Jk»];l i«KJ jx. i: mj. ;I 'I LI'JJ j ACCEPTS CARGO MIC MNTANG BELAIT* AUtY STRAITS NOPE STRAITS VENTURE WE than, RR 30 Mv-Ot Apr a
      601 words
    • 499 19 Vessel For Scrap Shipping Space for 2000M3 Plywood Parawang/Whampoa 1000M3 Timber Singapore/Alex 4000MT BGD Beans China, S'pore/BBY For enquiry pliiN contact *****00 Mr Sallm Indogulf Freight Services IE! C SAV Corrpnr Sud£ r r< r c.ir.icDIRECT SERVICI TO/from CHILI CARGO FOR PUNTA ARENAS. TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA
      499 words
    • 269 19 BANGLADESH SHIPPING CORPORATION Tender No 4/86/87 (Acquisition of Vessels) International Tandar Notlca For Oil Tankar CORRIGENDUM Attention is hereby drawn to the above International Tender Notice published in this newspaper on 2/3/87. The date of closing of the tender has been extended up to 11 am of the 30th day
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  • Page 20 Advertisements
    • 270 20 CONTAINERSHIP SERVICE TO UK,CONTINENT CONV.SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT L(M*vrt StM [PK S'para HK KAO 2* *4 7* KB, TYO 1/4 11/4 13/4 14/4 17/4 I*4 '/4 21/4 KB WWW 2* *5 KB. TYO IV 2*5 TYO KB
      270 words
    • 771 20 te=»: ACS. LINE (Hfi SHWi Z—H**"— I FULLY CONTAINERISED SE RVI C E 'TO EUROPE VIA SUtZ "J Mfmbe. ot the *ce Consortium nil IY CONIAINI RISf D 10 fROM NORIH AMfRICA MSI COASJ •U LA OAK SEA VCR 11/4 2M 29/4 1/5 2/5 15/4 3/5 Hi »fi *5 25/4
      771 words
    • 356 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: AfMltfc SINGAPORE CALICO SHIPPING PTE LTD Tah 22SM TU: K BUI CALICO FAX: Z***** PORT KELANG PERKAPALAN UTAMA SON MO Tafc mum* KOTA Kl NAB ALU KESAWAN SHIPPING SON BHD Tat: am (i hum) Fu am TG. HANI RASA MUHIBBAH
      356 words
    • 697 20 EVERGREEN m Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO: 1) PROVIDENCE. nut. SAVANNAH. «UMKTO«. KMUU. ETC 2> ATLANTA. OMCAOO. DETROIT. COU •oiton Philadelphia. Norfolk.. mus other MAJM nkrorrim curaomi via xNaroi^ o MUTUAL. Tawrro via mjmim Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) SGP NK FIX MM ANN LMV
      697 words

  • Page 21 Advertisements
    • 640 21 \v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE 8M JKT *711 rr* KOTA t/4 4/4 •M 11M •711 •714 rrfi EANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE i. fTTH MM Sin SM SIM M SI It iw
      640 words
    • 207 21 BENLINE CONTAINERS TT!TTI7rrT7TrTrTT7r EXPRESS CONTAINER SERVICE i<f i 4 m m m w mmgmnn m m m an mm un w m an mi m m w an w ALL VESSELS ACCEPT TO/FROM PENANG AND EAST KkJJEBSEN LINE NEWZEALAND .",V1 i MCOTMI LAKTOKA. SMITO. ACKPTHM FCI MB LCI M lIU
      207 words
    • 487 21 it DJASAGETRI A Joint Europe Sorvka Ot f.T. UMMT* um r.T. KSHH LLOTB r.T. MM—CM MNKSU P.T. TMMtt Llffl +4 S*PORf IBHJAO BREMEN A'OA«R'OAM N'BURC SKT m 3s lira 2S MM m IS n-an aft aft taM. Part AlumiMl QMN, TrtMia. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TO
      487 words
    • 163 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STM (Burmese National Line) Loading for Rangoon PAGAN VtllW ■HMAYWA V) PA-AM VMM S'poro P.foUng H E L.'. n: BANK LINE 1U«. 1' RMTHBMK VHI (FN6 pvtc PORT BOM T/fc ALOTAU, OMtAY, (KL Aft H+C Ttf 23* ng (lANRLME aurmt) ETA/RABAUi/KHK/LAMMI KAVKNG A HYUNDAI
      163 words

  • Page 22 Advertisements
    • 1008 22 USA A CANADA m*Qtfl#L(lloii-dTh. World H. GARNET V7/N. JAOC VS 0. fair \n G.N. NtOtE V4/RAINOOW BRIDGE VI C.R. TOKYO VBE/N. GARNET VI Kline KAWASAKI KISEN KAISHA, LTD. S PORE II Apr 3 Apr ft 10 Apr 14 Apr 9 May CHLS 12 May 19 May NFN 30 Apr 7
      1,008 words
    • 320 22 AUSTRALIA EXPRESS CONTAINER SERVICE stz INDIA EXPRESS CONTAINER SERVICE r- ■*rvM 'f' n i < m nsß rrrwrTi TTTT2 mpqm mm' > a -4'iiH EUROPE I UK/CONTINENT SERVICE -utkuppht vji a A«r aam USA PACIFIC/CANADA SERVICE V Nt M!H» >f, V r v IM'' f N k s:s i s
      320 words
    • 129 22 CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA fjnjm mum kstmatkm *4 •m P.T POUSMUN PBJtTMUW KALIMANTAN d! I ■W4 iti: I PELNI LI NFS 1.1 If -w//<■ I<'f > r l l < 11 'i J. ■-'it'Pi 1 -M." v M y IH W WEEKLY n fci
      129 words
    • 271 22 INTRASEA (PTE) LTD g n xC7 od 0 S• nf f d tou. Srg/ipnr* o^o* T»» 4*- >5 10 l.^i Bulk Orient Line BREAKBUIK SERVICE TO EUROPE/UK in m Ul'lil T-7 -W~ V7 T P HUH RON SHIPPING AGINCIIS Ph i IF PHI 11 OR UN 1 I INfS Plf
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  • Page 23 Advertisements
    • 718 23 NOL NEPTUNE ORIENT LINES LTD WnuM AGENCIES PTL in. rl lUIMIJJ »W> T|| N« ONIM TMM CfS BOOKINGS: DKH2 mmn mmn www vma ztmui 27MUI Z7«l« NEPLINE SON. BHD. MM? NEPLINE SON. BND. BMW NEPLINE SON. BHD. OBBft27M*C7Klft»« NEPLINE SON. BHD. 2MM*2MNI TO EUROPE/UK (VIA SUEZ): K JACEJM MM. L
      718 words
    • 442 23 HEUNG-A SHIPPING Korean Flag Vessels DO»» AM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN, INCHON Nt dmimi/tbw rui N. Enter/701 7/4 Ho I Danam/TON 17/4 Na 7 Donam/7©N 17/4 Nat 24/4 No oanaai/70M 7/5 Enter/710 12/5 Na 7 Oonam/704N 20/5 Na I Danaai/fIMN 2S/S S PORE AGENTS NFPTUNE AG£MCIES
      442 words
    • 523 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** »rrifi-r rims IMS HANOtINC SYSTEM CO SON. BNO. MESSRS HAI THONG SNIPPING 127 PMMCSMM. tawMfH W 14Port
      523 words
    • 82 23 Mi IS IMS Li is i NlPfO HAMI VIA SaiM SaiM YOSMIUM V.I2A SmM SMM HELIOS 2 VIA SMM 2*3 OEL REHEDiOS V JIA 2S/3 2/4 Conoral survay tor MV. Hippo hni V.SA mi YooMmm VJ2A will hi I on 27ft March V mi M April 17 at fiin K2I
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  • Page 24 Advertisements
    • 264 24 SINGAPORE SHIPPING CORPN.tPTE] LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** Art SSCMA, RS ***** A/9 SSCAO SI t Ri 1 OF Hf I RObTOCK FORTNIGHTLY FULL CONTAINER SERVICE "VIA LARHACA: Accepting car|o for Piraeus, Hwssdoniki, Izmir, Istanbul, Marsin, Lattakia, Limasaol, Beirut Alexandria, hut Said, Iraqi, Iranian and othar
      264 words
    • 261 24 P. T. WASESA LINE HEEKLT SEmCE TO MKMTA ETA IfD LOAIMMQ M JOO HNA SHRUG (PTE) LID., U 465 CMMFOH) IiMK, #«2 i 4 reSSw 2*3i«7 ian b jmk ioonm ETD/RGN ETA/MAO DESTINATION "KHUN KAEK" 07/ V 2t/3/D 1/4/17 RGN/MAO/88Y/SIN ETA/RGN ETD/RGN "PAIS" 11/17 2*3*7 90*7 RGN/CAL/PNG/SIN TWICE WEEKLY SERVICE
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    • 204 24 m com (mi vmm m lib REGULAR SERVICE TO INDIA/COLOMBO VESSEL ETA LOAMS FOR WORLD SANTO BIT. 13 17 April Hit njili I NOCK A PEKTAHA BLT. 71 8 April Cak*ta Tt, TEL. No: PAX No: SSTI4M Hai Sun Hup Co (Pte) Ltc fc. I \S I I l\ l
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  • Page 24 Miscellaneous
    • 148 24 7. Regional Weather i f. 4x m y. V V X m fx c O IMMD R Th«lM«m Temperature m Q A A Shower Weothet Wmd diKMn •#< ip«ed n knot* Ran U Cloudy Sky Wov h^w ■*—4 by mni «M> Hy wrtk Ike wm4 On* Ml cede represent* calm
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  • Page 25 Advertisements
    • 322 25 4 i TRANSIT ETD SINGAPORE ACCEPTING FCL/LCL HONG KONG BANGKOK TOKYO HAMBURG/ROTTERDAM COPENHAGEN SYDNEY ft MELBOURNE FREMANTLE FELIXSTOWE LOS ANGELES Booking: Talaphona *****33 Mitt Kjttwrin* Pang Mitt Rachd Chia f7Y&& Hamburg West Germany Tiger Line Common Carrier Feeder Services SINGAPORE -INDIA KATHRINE SIF Of IN PC PORT HARCOURT 017 30-31
      322 words
    • 192 25 ♦ftttrWKtt. ran mm unb (P«rf«ct China Ocean Shipping Lints) CHINA SERVICES Destinations: Etd. STORE Etd. PKLG SHANTOU, GUANGZHOU llirPlfl HUANGPU, XIAMEN WEEKLY HAKOU, ZHANJIANG OAII IMPO XINGANG, QMGOAO OAILIWUO SHANGHAI ft OTHER PORTS i ,T- m WORLDWIDE SERVICES ACCEPTING CONVENTIONAL, CONSOLIDATION (LCL) ANO FCL CAR GOES WEEKLY FROM SINGAPORE, PORT
      192 words
    • 478 25 WEEKLY FULL CONTAINER SERVICE SINGAPORE JAKARTA VESSEL VOY SINGAPORE eta eid PRASETIA 125-121 30/03 31/03 *****1 OS/04 07/04 129-130 13/04 14/04 131-132 20/04 21/04 133-134 27/04 21/04 PRABHAKTI 4M7 In Port 21/03 4WS 03/04 04/04 50-51 10/04 11/04 52-53 17/04 11/04 54-55 24/04 25/04 JAKARTA eta etd 02/04 04/04 08/04
      478 words
    • 222 25 TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG *AT ATTRACTIVE RATES* SPOM P.KELANC PCNAMC BELAVAN KAONSHMC 6. SELATAN VIIV-M M 0 Xf3 6. SELATAN IX V-41 1* ifi 4* 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE
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    • 129 25 Jp FARGO SHIPPING COMPANY!PTE)LTD *T~ PEGUIAR FXPRFSS FUIL CONTAINS AND LC L ""VIC F 3GSIB ■in il -in—i V*i E.HUCMC ISM mussel Ism la/3 ETA SINGAPORE rw. > I J .I <: I RATANA HUM 1111 Mf3 BUNSA BUT AUG 31/3 a/3, Ift ISH W.V* ta 7R 17M 3 3iA«*mws
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  • Page 26 Advertisements
    • 315 26 WBiffimM riA m. w ACROSS WATER ETA SINGAPORE FCL A LCL n MTMLM FMMNTU USA/CANAOA uirttb WMOOWCUMK (INCORPORATED if. v 11.-< I'-*T.'. Ivi:;, I:'.u--. IMV m m EAST W mm m mmm <s> mm, man ism A/t ummp phaSbul' SINGAPORE/BANGKOK SERVICE (THAI FLAG) CONVENTIONAL SERVICE Hmd ETA rpora loadmi For
      315 words
    • 246 26 A SMPPIM PTE LTI HMDfIMI i' i i' Vi. ii n IM IN D Ml/1 AM >tfl lAft IM I AH MAN an Aft Kl IiUAM tt AM wu An SWAM m lAN J§ Aft MW Aft a/B Aft MMNIH <3. iPT UNHFD SHIPPING ORGANISATION LTD JLJ JAKARTA HANGI I
      246 words
    • 423 26 01 Tha ACE Consortium) L6MNMC V 9« MENTAL CMEF ft.,* %l SIRAIIS CONIAIHK AGfNI*S Pll 110 SHAJAN AGI NC Y€o RHP Mf* CHIANG #OAD 4?A lA. «N CHUNGGAH SAM (WD Bid WNt ffOSOI DM IAiANSiHOIAH SIW.APOW 070* PCWTPItANG MA|S»S,t 111 .VSO'B? 11l p» *****? 388(1 la ??188<> ??681.' B« Si
      423 words
    • 576 26 Everett Lines "PERUVIAN STATE LINE" IM*M hr CM* Ihkm, >i mt 4 aft* Pvmmmi pork mm SSo* CPV TlHwgi Mi «f La4M| to (M Mmm MMHEVERETT ■ANOLOCvnrrr m Apr lW»*m A "EVERETT ORIENT UNE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR HONGKONG*, YOKOHAMA, KOBE, NAGOYA, MOJI* AND OTHER JAPAN PORTS* ALSO
      576 words
    • 108 26 GOLD STAR LINE mr 7PWT "•niwpjn rn us Marino Houm Tali *****66 Mag *****91/2 BRLAKBULK TIMBER SERVICES TO EUROPE i. i' (UTUBQKTM M* REGULAR LINER SERVICE TSR CONTAINER SERVICE CONTI F.E. LIN f UROPf f F I Nf P SEBV LINE ICE ETA SAINT CONSTANTINQS In ft DESTINATIONS AGENCY PTE
      108 words