The Business Times, 7 April 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, APRIL 7, 1987 75 CENTS
    12 words
  • 201 1 Slmex DM (June)0.5512 (-25) Evro-$ (June) 93.36 (+14 Yen (June) 0.*****7 (-3 Pound (Jun) 1.6125 (+165) Nikkei Index (Jun) ***** 345) US T-bond (Jun) 98.09 39 Gold prices S'pore (buyer's quote) US$420.40 +US$2.00 London (Afternoon fix) US$421.45 (+2.75) Rubber S'pore May 193.75 cts/kg (-1.25) M'sia May 226.50
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  • 385 1 AFP JAPANESE BUSINESSMEN yesterday called on their government to spend at least five trillion yen (U5533.3 billion) to boost domestic economic activity and stop simmering trade disputes, particularly with the US. The Federation of Economic Organisations (Keidanren) also proposed that Japan abolish
    AFP  -  385 words
  • 238 1 LIGHT BARGAIN HUNTING helped most share prices on the Singapore market to finish slightly higher in moderate trading yesterday. Most of the buying was local although some foreign interest was detected earlier in the day, stockbrokers said. Wall Street's record high last Friday boosted
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  • 496 1  -  $30m claims for additional expenses By LIM SOON NEO WHILE the Mass Rapid Transit Corporation (MRTC) has been able to settle most claims from contractors amicably, one unhappy contractor with a $30 million claim has indicated that his company will bring the
    496 words
  • 225 1 Reuter SOUTH KOREA yesterday announced tariff cuts on 83 products in a move aimed at deflecting US pressures for a currency revaluation to cut Seoul's trade surplus with Washington. Import taxes would be reduced on 63 items by between five and 20 percentage
    Reuter  -  225 words
  • 178 1 AP PRIME MINISTER Yasuhiro Nakasone said yesterday that Japan would seek retraction of US sanctions announced last month in a dispute over the chip trade. It was Mr Nakasone s first public comment regarding US President Ronald Reagan's announcement on March 27 that in two
    AP  -  178 words
  • 226 1 UPI AUSTRALIA will find itself in an increasingly uncomfortable position as the economic war between Japan and the US continues unless Australia can take advantage of whatever gaps it can find in the global marketplace. The Australian newspaper said in an editorial yesterday.
    UPI  -  226 words
  • 56 1 IN OTHER COUNTRIES, governmentowned companies have a tendency to be inefficiently-managed and are often in the red. In Singapore, the reverse is true. Most government-owned enterprises are seen to be dynamic and well-managed pace setters. With privatisation, how will this affect the current status quo of such
    56 words
  • 534 1  -  By WILLIAM CHIA SECOND-HAND car dealers are getting desperate. So hard up are they for business that they are prepared to pay a fee to anyone who can supply them with used cars. "Cash reward of $200 for every car you recommend and
    534 words
  • Page 1 Advertisements
    • 97 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Full report, Pag* 13 Asian Stocks, Pago 11 THE GREAT DICTATOR !i2&© ir OtJ BM-530 r Electronic Indexing. Two tape speeds for longer recording time: 2.4 cm/sec. (60min.) I.2cm/sec (120 min.) MC-60BM Fast Playback mode increases playback speed by approx. 30%. Sony-0-Matic (Automatic Gain
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    • 224 1 mm SHARE MFORMATION MONEY A EXCHANGES COMMODITIES AIRCRAFT SCHEDULE TV ft RADIO CROSSWORDS BRtSTOW DOONESBURY OUR VIEW THE IDEA OF tying monetary policy to commodity prices is worth pursuing. It would serve as an additional tool for refining monetary control. But if it is to come about, it is the
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    • 120 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM More stories, Back Page MRTC to start public •ducation programme, Page 2 For cash in a flash, you've just got to hand it to us. Our new Uniflash service is easily the quickest way to withdraw your cash from any of our 63 branches.
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  • HOME NEWS
    • 362 2  -  Awards part of Science Council's programme By WILLIAM CHIA GOVERNMENT FUNDING totalling $5 1 million has been awarded to 11 research and development projects ranging from a state-of-the-art computer memory storage device to development of a heart valve. The grants under the Science
      362 words
    • 442 2  -  By LIM SOON NEO SINGAPORE and Canada will go back to the negotiating table next month to try to work out a new air services agreement (ASA). A new agreement is needed by July this year if direct air links between the two
      442 words
    • 286 2 A MANAGING DIRECTOR chose to remain silent in court yesterday when asked to enter a defence on charges that his company had sold 17,246 bottles with counterfeit Hennessy XO labels. Michael Ng Khiok Hai, 35, had been given a choice by Magistrate Gurbachan
      286 words
    • 367 2 INDIA is keen to use Singapore as its gateway to international markets, particularly China, Japan and Australia. It is in recognition of the importance of Singapore as a centre for international trade that the country is staging a week-long Indian Trade Exhibition. About 150
      367 words
    • 210 2 THE Mass Rapid Transit Corporation will launch a public education programma to systematically introduce Singaporeans to the Maea Rapid Transit (MRT) system. The Minister for Communications and Information, Or Yeo Ning Hong, said yesterday that such an education programme was "absolutely essential." Dr
      210 words
    • 234 2 MORE THAN 130 meetings have been arranged between local businesses and members of a Quebec trade mission to discuss trade, joint ventures and transfer of technology opportunities. The Canadian companies range from makers of furniture, shoes, and wine to conaultanciee for various trades and companies
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    • 307 2 CONSTRUCTION contracts awarded by the private sector continued to rise in February with the monthly average in the first two months reaching $85.3 million. This was more than twice the $32.1 million monthly average recorded during 1986 The $93.5 million worth of contracts awarded
      307 words
  • Page 2 Advertisements
    • 155 2 In Switzerland, the prices are surprisingly less awesome than the landscape. w i-- A -#y H 4 .*-1 >1] V* 1 IV.: v v v v K ■*'<% +4 'jQf iti"T ■R I II --p v;* vLr m*v jS J 'V 4* '< *»Jf «> #$2 v '"I* jflTCHgrajlpi x
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  • ASIA-PACIFIC
    • 418 3 Reuter -AN AQUINO CANDIDATE in May's general elections yesterday urged an extension for 50 years of US military bases in the Philippines if Washington took over the country's foreign debt of almost US$2B billion. But a leading opposition figure,
      Reuter  -  418 words
    • 282 3 AP PUNJAB POLICE CHIEF Julius F Ribeiro said that police would shoot Sikh fundamentalists who have been attacking liquor and cigarette shops because of religious reasons. The United News of India reported on Sunday that suspected Sikhs terrorists killed two people and set ablaze eight
      AP  -  282 words
    • 234 3 NYT THE REAGAN administration has informed North Korea that it is prepared to take major steps that may include lifting a near-to-tal trade ban if Pyongyang resumes talks with Seoul and sends its athletes to the 1988 Olympic
      NYT  -  234 words
    • 611 3 Bernama ES MALAYSIAN Trade and Industry Minister Tengku Razaleigh Hamzah yesterday launched the Malaysia-European Commission Joint Investment Committee (JIC) which he said could become an effective conduit to channel quickly and correctly information on Malaysia's investment climate and potentials to Europe. The faster such information can
      Bernama ES  -  611 words
    • 210 3 AP AMERICAN BUSINESSMEN have urged negotiations soon between the US and South-east Asian nations to ease gradually constraints on two-way movement of goods, services, investment and technology. The call came in resolutions endorsed at the 37th semi-annu-al meeting of the Asia-Pacific Council
      AP  -  210 words
    • 237 3 Reuter STUDENTS should demand their political rights and not be afraid to protest against injustice, Indonesia's Foreign Minister Mochtar Kusumaatmadja said in a campaign trip to the University City of Bandung. The leading daily Kompas quoted Mr Mochtar as saying yesterday that one of
      Reuter  -  237 words
  • Page 3 Advertisements
    • 182 3 < iii'' "iii It V/ u) 2t ■it'" v,\*' •I r* 1. 1 M vK r> M mi JJ MV:;/ *4/ i( i 1 *> »\U v v *<♦ i. r t 1 Vf »V. < b i 1 ,<1 r f 1 4 V*f WZJ *h s* >\ i;
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  • Page 3 Miscellaneous
    • 61 3 Doonesbury APRIL-1— I PUSH ON. REA GANS MEMORY OF IRAN 6m HAS BECOME HI HOM 6FAJLM PttMtOHS 16R0W FAINT FROM HUNGER W r-a'. y N I >W5 35! 5* i ■v ISI m rr m i ••Y vC £#7j fciJ v> BY GARRY TRUDEAU fETznoi i-» re m m m
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  • REST OF THE WORLD
    • 479 4 AP US PRESIDENT Ronald Reagan was prodded by Canadian Prime Minister Brian Mulroney on Sunday to enter negotiations leading to a treaty mandating controls and deadlines for curbing acid rain pollution. However, the US said it was standing pat with an alreadyannounced
      AP  -  479 words
    • 475 4 Reuter POPE John Paul II yesterday ended a six-day tour of Chile, marred by violent clashes between youths and police, with a visit to a prison where inmates staged a hunger strike. The Pope, who has made repeated calls for national conciliation in Chile, a
      Reuter  -  475 words
    • 300 4 UPI LONDON POLICE yesterday faced new pressures to renew investigations into a baffling string of six apparent suicides and mystery deaths among British scientists working on secret defence projects. A seventh scientist is missing. Police officials in the Oxford area said
      UPI  -  300 words
    • 407 4 NYT THE US ECONOMY continued to expand in March, but at a much faster pace, the National Association of Purchasing Managers said in its monthly report released yesterday. According to the trade group s latest survey of 250 purchasing managers
      NYT  -  407 words
    • 478 4 UPI MIKHAIL GORBACHEV has sent the strongest signal yet to Czechoslovakia and by implication the rest of the Eastern bloc that he is serious about his reform crusade. Mr Gorbachev postponed his first official visit to Prague on Sunday amid reports of a
      UPI  -  478 words
    • 135 4 AP THE ECHO of musket fire swept across rolling fields on Sunday as 6,000 Civil War buffs transformed into Civil War soldiers staged a remake of one of the bloodiest battles on American soil. About 40,000 spectators paid US$3 a head to watch the show, the
      AP  -  135 words
    • 917 4 ARRIVALS 1 1 S*rvic* Local From numb*r fim* CAL 0341 0155 TPE FT FT75 0316 UH/ORD/ANC/ NRT/MNL/TPE CAL C1333 0405 TPE S1A SQ619 0530 KHH SU SQ693 0650 KHH MAS MH681 0820 KUL SV SV398 0835 JED/RUH AC AC858 0850 YYZ/LHR/BOM MAS MH811 0910 PEN MAS MH671
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  • Page 4 Advertisements
    • 119 4 3H OtM <* V ~~.v v 3? i ~.1 A A a Korean Air u ide-bodied jet takes off from Singapore bound for Seoul. It departs every Wednesday and Saturday morning at 9:35. So you arrive in Seoul in the afternoon. And once you 're in there, who knows what
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    • 62 4 I II A/ I The business person's choice every I I ll I I II II I Tuesday. Saturday and Sunday. I M VI \l I m\ Leaving Changi Airport at 22:05 y-L V /-L hours and arriving Heathrow at 06 45 hours the following morning. Call your Travel Agent
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  • Page 5 Advertisements
    • 166 5 a I This morning, no more than 25 guests are breakfasting at the most exclusive hotel in town. They were greeted by their butler. Sat at their own table. Given their preferred newspaper (without the need to ask). And breakfast came. Exactly as they like it. At this very moment
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  • BANKING AND FINANCE
    • 440 6  -  Group may set up a merchant bank By SOH TIANG KENG, Financial Correspondent PRUDENTIAL Insurance Company of America, the world's largest non-bank financial institution, is enthusiastic about its growth potential in Singapore just one month after setting up a representative office. In an interview, Dr Victor
      440 words
    • 217 6 NEW YORK'S Irving Trust Company has upgraded its Singapore branch office to a division which will cover Malaysia, Indonesia, Thailand and India as well. A statement from the bank said the division was created in recognition of the growing importance of
      217 words
    • 340 6 Asian market ASIAN dollar deposit rates yesterday closed steady at opening levels in quiet trading Dealers said most operators were cautious ahead of the possible Group of Five and Group of Seven talks in Washington this week Period rates weakened about 1/8 point at the outset on news that March
      340 words
    • 973 6 Reuter SINGAPORE: THE US dollar yesterday rose slightly from New York levels against most currencies on short-covering in quiet early trading with operators generally cautious ahead of expected monetary talks in Washington this week, dealers said. They said participants were unwilling to take large positions and would be
      Reuter  -  973 words
    • 600 6 JUNE Eurodollar yesterday gapped sharply higher at 93.34 during the opening but dipped to a low of 93.33 initially before trending higher during the session in quiet trading on easier Fed funds and a weaker than expected non-farm payroll employment. Market outlook still remained positive despite the 53.9 per
      600 words
    • 204 6 Interbank rates at 3pm yesterday: Local dollars to c ■M Otter cro*. pertly m* unit of foreign currency: ■>» ft>H> US dollar 2.1370 2.1380 2.8196 •24.21 Sterling pound 3.4640 3.4678 7.3469 •52.85 Australian dollar 1.5183 1-5211 3.4286 -55.72 NZ dollar 1.2202 1.2229 3.4286 -64.41 Canadian dollar 3.4206 Local
      204 words
    • Article, Illustration
      130 6 THE OVERNIGHT rate on the Singapore interbank market fell 1-1/4 points to close at 3-1/4 per cent yesterday. The term rates gained 1/16 point each across the board. Indicates tht iviriQi of ftv# prim* landing ntei of 12 major banks In S'por* S$ Interbank rates at 7pm yesterday:
      130 words
    • 180 6 r Interbank market rates (offer/bid) on April 6 us$ DM SWFC Y«n 7 doyt 5/16 3/1* 10 3/16 1/16 3 15/16 13/16 2 13/4 4 3 7/8 1 M#l 6 3/8 1/4 9 IS/16 13/16 4 3 7/8 3 5/8 1/2 4 3 7/8 3 M* 6
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  • Page 6 Advertisements
    • 275 6 I A A u i I It's all too easy to think that you're saving a bundle by storing your goods in a 'cheap' warehouse. But then, you'd be overlooking several factors which could ultimately jack up your cost. Factors like distance from the wharves, transportation charges, insurance and security.
      275 words
    • 157 6 INVESTING IN SHARES? w Timmr a 6 im mnum si r f a w A A Mr ril w a A MmM AM Get Finance Quickly Easily. A revolving line of credit yours to use over a and over again S* Vbu can borrow up to 70% of the market
      157 words

  • WORLD BACKGROUND
    • 916 7 Possibility of a stronger third quarter NYT THE WEST GERMAN economy, which has managed about 50 months of inflation-free growth, is beginning to show signs that trouble may be brewing for the year ahead. The country's major economic indicators show an economy in a
      NYT  -  916 words
    • 758 7 NYT SINGLE-ISSUE foreign policy is bringing the same kind of trouble as single-inter-est lobbies, and for a similar reason. People identify a specific cause, and in frustration set out to marshall all possible forces to advance it. Modern communications and the soaring
      NYT  -  758 words
  • Page 7 Advertisements
    • 181 7 Moving office is expensive, disruptive, time consuming and troublesome. So why are DaHchi Kangyo Bank, the Stock Exchange of Singapore, J. M.Sassoon, Banque Bruxelles Lambert, Saitama Bank, louche Ross, Rainier National Bank, Hill Samuel Merchant Bank, Copenhagen Handelsbank, Fuji Bank and Epson amongst others moving into OUB Centre? II lb
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  • FEATURES
    • 565 8 TYING MONETARY POLICY to commodity prices has been mooted by Robert Heller, a governor of the Federal Reserve Board. It's an idea that has been discussed off and on for a long time, but the complexity of it all suggests that it's going to stay that
      565 words
    • 1763 8  -  When the government went into business in a big way in the late *****, it went into untried areas which the private sector was unable or unwilling to venture into because of the inherent capital risks that go with virgin territory. Now the government again
      1,763 words
  • Page 8 Advertisements
    • 144 8 Because Facit screen system understands that no workplace is the same as any other The great achievement of Facit Screen System is the impressive image that enhances a company. The demanding Swedes believe in quality. Qualities like strength, sound absorption, wire management, style and highly finished screens. The Facit Screen
      144 words
    • 119 8 ScalpeLscissors...sutunes._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations in shares, in local,
      119 words
  • Page 8 Miscellaneous
    • 123 8 ]:*[!>+>,+``+~!+%,[_*$$|"+?!|{[ CRYPTIC PUZZLE ACROSS 3 A joint lo keep watch on? (5) 8 A ship wrecked by a pest (5) 10 Works at the laundry (5) 11 Less than the whole name (3) 12 Name in fashion (5) 13 Mum gets Greta upset at the seaside (7) 15 The last
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    • 552 8 32 In which to repair a plant that needs water? (3. 4) 34 A saint, obviously a firstclass fellow (5) 35 I again get a strong feeling (3) 36 See certain fruits as potatoes (5) 37 Work with one's hands (5) 38 Are they mostly ewes? (5) DOWN 1 Spread
      552 words
    • 26 8 I BfciSTow Tpivce my RDvice. G»ve UP THIS Foolish NOTtON wise p. WRIT bas eveRVTHING VOU WRIT€/ HfcS B€EN THOUGHT Of e* someowc etse OW DftReVOU
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  • SPORTS
    • 596 9  -  By WALTON MORAIS IN THE FLUSH of his first Asian tour win, Wayne Smith was reflective. I've been lucky, he was saying, I've been in the lead three times and I won it three times. It's nice to know that when I get into
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    • 228 9 A TOTAL of 17 Toyota cars will be on offer as hole-in-one prizes in this year's Singapore Island Country Club Charity Open golf event to be held in conjunction with the May Day holiday. In fact, golfers playing at the Bukit
      228 words
    • 184 9 UPI MARIO ANDRETTI led from start to finish last Sunday en route to his third victory in four years at the US$7OO,OOO Long Beach Grand Prix. Andretti, who started from the pole in his Chevrolet-powered Lola, never surrendered the lead even during two pit stops.
      UPI  -  184 words
    • 353 9 Reuter WIMBLEDON tennis champion Boris Becker relied on a booming serve to thwart upset-minded Miloslav Mecir of Czechoslovakia in the final of the U*****,000 Italian indoor championship in Milan last Sunday. Becker's 6-4, 6-3 win, worth U5555,000, was his second of
      Reuter  -  353 words
    • 999 9  -  By DAVE ANDERSON NYT IN ASSESSING the outcome of Sugar Ray Leonard's return on Monday night (Las Vegas time) against Marvin Hagler, three scenarios exist. One is based on facts, another on fantasy, the third on fear. Odds are based on facts. And
      NYT  -  999 words
    • 257 9 Reuter AMERICAN Scott Simpson captured his first PGA victory in three years when he shot a two-under-par 70 on Sunday to win the US$6OO,OOO Greater Greensboro Open by two strokes. Simpson's 72-hole score of six-under-par 282 put him two shots ahead
      Reuter  -  257 words
    • 236 9 AP AMERICANS Chi Chi Rodriguez and Dale Douglass swept the first two spots in individual medal play at the US$6OO,OOO Chrysler Cup golf championships last Sunday, but the international team placed five men in the top eight to win the senior PGA tour event
      AP  -  236 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 1171 9 to (md mm TUESDAY PREMIERE The Shootist John Wayne (left) gives his final performance in a movie about a dying gunfighter who wants to go out with a bang. He plays J B Books, the last of the great gunfighters, who takes on four old enemies in a dramatic shootout
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    • 33 9 Play gol£ the f0oa/ the terr s/oe 77//S CACHES wf PtAYEA TO 77CT///S M£A£> AA/& C/PPEX BO/>Y T&WAA&S 77*E TARGET. ATA&PRESS THE WB/OHT SHOOL& S£ £V£S/LY £V$7X/AC/7&> senvee/v BOTH FEET. fePANGO-P EKTTERPW-1SE& INC.
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  • INTERNATIONAL COMPANY NEWS
    • 862 10 FT MR ANTHONY TENNANT, just three weeks after becoming chief executive of Guinness, brewing and retailing group, has started to unpick the strategy of his predecessor, Mr Ernest Saunders. In announcing the intended sale of the group's retailing businesses, he said: "It is a matter
      FT  -  862 words
    • 313 10 NYT CAESARS WORLD Inc has announced a sweeping recapitalisation plan that would award shareholders a special one-time. US$25-a-share dividend plus some equity in the restructured company. The vote deals a blow to the campaign mounted by its largest shareholder, Martin T Sosnoff, on March
      NYT  -  313 words
    • 578 10 Reuter THE LATEST breathtaking rise in Wall Street stocks has caused some financial analysts to worry that risks are rising, although others say it only proves that there are more gains to come before a sustained downward move develops. "We re telling people
      Reuter  -  578 words
  • Page 10 Advertisements
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    • 138 10 With the dynamic Melody Band from the Philippines. At The Lounge daily except Sundays. Bpm lam. with an extra hour on weekends and eve of public holidays. Happy Hours from 5-7pm daily. Third drink is free with every two similar drinks ordered. r uje LOMMgB 270 Orchard Road Sinmpore 1192:1
      138 words

  • ASIAN STOCKS
    • 560 11 Reuter TOKYO: Share prices fell in heavy trade yesterday as investors grew wary of the pace of recent gains and technical indicators showed the market was overheated, brokers said. The market average lost 152.56 to 22,586.11 after rising in early trade to 22,890.85, a record. The previous record, set
      Reuter  -  560 words
    • 100 11 Am 06 PESOS Aco|« Mining Anglo Phil Apex Mining B 0 06 0 0025 AtlM Con B ....24 1 Baguio Gold 0 0055 -0 0005 Basic Petroleum 0 012 -0 001 Benguet Con. B 119 4 First Phil Hldgs ...8 50 -05 Lepanto B ...0.19 -0 005 Marcopper 1
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    • 540 11 SYDNEY: Continued local and overseas demand for leading gold and industrial stocks pushed Australian share markets to record levels yesterday, brokers said. Gold stocks, the driving force behind last week's record breaking market, made further strong gains as bullion rose to around U*****.50 an ounce in Asia. A record
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    • 128 11 APR 06 WON Cheil Sugar 3190 -80 Daelim Ind Daewoo Corp 1056 84 Daewoo Heavy 1370 ->•31 Daishtn Securities 4290 140 Dong Ah Phar ***** 500 Dong Suh Stock ***** 900 Dongbu Steel 2310 -60 Gold Star 1890 -20 Hanil Bank 1428 ♦98 Hanil Cement ***** 200 Hankuk Glass
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    • 179 11 Reuter REUTERS HOLDINGS PLC plans to seek a listing for its shares on the Tokyo Stock Exchange later this year, subject to shareholder approval. The Tokyo listing will create a 24-hour market for the stock. A company spokesman said the
      Reuter  -  179 words
    • 141 11 Reuter THE JAPANESE Finance Ministry will help expand the Tokyo Stock Exchange (TSE) membership so that more foreign firms can get seats, ministry officials in Tokyo said yesterday. But they declined to say how soon and how much the membership can be increased The Vice-Finance
      Reuter  -  141 words
    • 142 11 JAPANESE OIL traders generally expect oil prices to remain steady through June, when the next Organisation of Petroleum Exporting Countries' (Opec) meeting is scheduled to take place. Prices have kept to a narrow trading range for more than a month, despite coming under
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    • 274 11 Enim expects a high return Reuter ENIM OIL Co Ltd, a wholly-owned subsidiary of Southern Cross Ltd of Colorado, has signed a production sharing contract with Indonesia s state oil company Pertamina to explore for oil in the Lematang block off Sumatra.
      Reuter  -  274 words
    • 386 11 Reuter BOND CORP Holdings Ltd offshoot Bond Media Ltd said it had acquired 19.98 per cent of listed Telecasters North Queensland Ltd, owner of two regional television stations in Townsville and Cairns. Bond Media said TNQ, the largest regional broadcaster in
      Reuter  -  386 words
    • 93 11 Reuter THE AUSTRALIA and New Zealand Banking Group is selling its 50 per cent stake in Metropolitan Life Assurance Co of NZ Ltd to Charles St Clair Brown, a director of Metropolitan, for an undisclosed sum. ANZ said in a statement longer term
      Reuter  -  93 words
    • 91 11 Reuter SANTOS Ltd has acquired 20 per cent in each of two exploration permits in the Taranaki Basin, offshore New Zealand, from TCPL Resources Ltd. The 1987 project calls for a 2,040 km three-dimensional seismic shoot. Santos said in a statement. The areas are considered highly promising
      Reuter  -  91 words
  • Page 11 Advertisements
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      477 words
    • 172 11 Peking 4 Sichuan Restaurant tnt "I**l #l HOKKIEN-PORRIDGE ApYtS DINNER/SUPPER Buffet Style Choose from more than OO 20 appetizing dishes. u Eat all you can for only m 00++ Dinner/Supper Time: 7pm •M- 10* service charge A 3% government tax not included NEW ORLEANS JShAnd You re Invited to Eat
      172 words

  • COMMODITIES
    • 563 12  -  By STEVE USDIN in Washington ASIAN natural rubber producers, hurt by increasing competition from synthetic rubbers at a time when worldwide demand for both natural and synthetic rubber is sluggish, now face a new threat from a US attempt to develop its own natural
      563 words
    • 419 12 Reuter GROWTH in oil consumption in the Western industrialised countries is likely to slow to around one per cent this year compared with 2.3 per cent in 1986, the International Energy Agency said. Oil use in the 24 member countries of the
      Reuter  -  419 words
    • 154 12 Reuter INDONESIAN Energy Minister Subroto said he was very confident of continued stability in the oil market because of the determination of Opec members to maintain a price of US$lB a barrel. "We are very confident that things will continue this way. The short-term outlook
      Reuter  -  154 words
    • 92 12 Reuter AN EXTENSION of the International Tin Agreement is unrealistic and the accord should be allowed to lapse, Indonesian Mines and Energy Minister Subroto said yesterday. Asked about Jakarta's position for the quarterly session of the International Tin Council on April 8-9, Subroto said Indone- sia
      Reuter  -  92 words
    • 153 12 Reuter THE PRICE of tin on the Kuala Lumpur Tin Market (KLTM) yesterday eased a cent from last Friday's doss to doss at M 316.65 per kilo because of a higher disposal. Trarilnn ■rMi i «Mlflk I racing wm •ctivv wvm sellers offering 154 tonnes Initially at last
      Reuter  -  153 words
    • 88 12 MIDDLE distillates continued on a weak tone in very thin trading conditions. Fuel oil firmed on recent business above US$lOO/tonne FOB Singapore and expectation of price rises in the near-term. Naphtha inched up on talk. LSWR remained quiet. Crude (FOB origin) USS/barrai I Oanga Dubai (Mar) 17.00
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    • 268 12 RAS prices In ewiMg, FOB In bale NOON CLOSE Bvyars 8wy*rs Setters In* 1 RSS Prompt 197.00 198.0CN 197.25 198.25N ln» 1 RSS May 87 193-50 194.00 193^5 194.25 tm 1 RSS Jun 190.50 191.00 190.75 191.25 b* 2 RSS Of 181.00 183.00N 181.25 183.25N h* 3
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    • 86 12 j f poJWti) MAY 87 JUNE 87 (currant month) (forward NOON NOON RAS Ivytn Saltan iillin SSt 30 169 JO 171 JON 169 JO 171 JON SSt 50 168 JO 169 JON 168JO 169 JON MRELB Ivyn lvy«n SMt cv 343.00 243.00N 344.00 246.00N SMI L 343.00
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    • 165 12 Chinese Produce Exchange S#H#n noon pc 1cm an Apr* 6 (SS/100 kg) Coconut oil M FOB 88.00 OM drum FOB 98.00 Now drum FOB 102.00 Copra Mixed (Ioom) 50 soll#ro Pepper FOt NtW Sorawafc ■AlH 1062J0 FOB faq NIW 1047.50 Sarawak ip«dal btadt FOB NLW 890.00 Sarawak Ada
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    • 290 12 Crude palm oil tour— yesterday closed marginally higher in lacklustre and sluggish trading. Values appreciated on short-covering but the undertone of the market was still uncertain. April and May was Ms 2 better each to close at Ms74l and M 5742 per tonne respectively. June finished Mss higher
      290 words
    • 171 12 Reuter TOKYO: YEN-denominated gold futures yesterday closed one to 10 yen per gramme higher in extremely thin trading. Short-covering by trading houses was seen due to the higher New York market on Friday. International bullion was US$421.50/90 an ounce against 419.20/70 in New York on Friday. LONDON: Gold
      Reuter  -  171 words
    • 360 12 Reuter SINGAPORE THE MARKET yesterday closed lower with May RSS One buyers quoted at 193.75 cents/kilo, down 1.25 cents from last Friday, dealers said. The morning session lost 1.50 cents on light trade selling and lack of buying support in thin trading, they said. Prices continued to eased in
      Reuter  -  360 words
  • Page 12 Advertisements
    • 51 12 IF YOU WANT TO KNOW 111 ft I I fi 1 Ti a U r i Ar.e the private/hospitals in good shape? 7*r' w How did'one machine tool manufacturer VMV ivw.!munuiuun break into the Japanesemar.ket? Why are art prices soaring?/^ GET YOUR COPY OF SINGAPORE BUSINESS TODAY A Times Periodicals
      51 words
    • 172 12 CESARE PTE LTD (ForoMriy known as Earn JayaPtoUd) (In Voluntary Liquidation) NOTICE OP FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Seotlon 308(1) of the Companies Act, Cap. 186, a Pinal Meeting of the members of the abovenamed Company will be held at 101 Upper Cross Street #06-10, People's
      172 words
    • 460 12 NOTICES MIKE NOTICE IS HEREBY GIVEN that, I Ong Rose Marie of No. 340 Jurong East Ave. 1 #10-1652 Singapore 2260, have applied for a Retail Beer Shop Licence in respect of premises at M/s. Ong Soon Huat Trading at 12 Stagmont Ring Road Singapore 2265, and that this application
      460 words

  • SHARE INFORMATION
    • 4365 13 MARRIED DEALS were the highlight of yesterday's trading on the Singapore stock market, which otherwise was dull and featureless. In the morning session, two million ASM shares were crossed by OUB Securities in two blocks The first block comprising 1.5 million shares
      4,365 words
    • 265 13 SINGAPORE Corttborg Rises Indices April 3 April 6 600 30 8T Compotito 941.72 947 99 S 1 A 1190 20 •t o«/os -172 -101 F N 1020 20 IT CADI -6447 6409 UOI 520 15 »T 10-day MA -6384 -6394 D > S 1200 10 ST 08V
      265 words
    • 3835 13 810 end otter prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "SETT"
      3,835 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 450 14  -  By ELAINE KOH A FAILED company may not necessarily lead to a liquidation, as there are varying degrees of failure calling for different measures, according to a management consultant. Mr Foong Daw Ching, the director of TTW Management Consultants, was speaking at a
      450 words
    • 350 14 Hauled up for a tax offence WHEN IT COMES to dealing with the Tax Department on a case of evasion, "money alone is not sufficient to show that a person is repentant". Ms Lien Fain Sze, a public accountant, was speaking at the Times Conference seminar yesterday, held at the
      350 words
    • 463 14 Island Peninsular to raise M$60.4m through rights issue PLANTATION and property group Island Peninsular has proposed to raise M 560.4 million through a one-for-two rights issue along with its release of a set ot poorer results. I P reported a 18.7 per cent drop in group profit after tax and
      463 words
    • 434 14 Bernama ES MALAYSIA Building Society Bhd (MBSB) will continue to consolidate its business and intensify collection of loan repayments this year in the absence of improvements in the country's economy, according to chairman Tan Sri Abu Talib Othman. He said in his annual statement that the
      Bernama ES  -  434 words
    • 1293 14 Current payment Ex dele Books don ll Total tor Am year Total tor A B N 13'/,% NYA NYA NYA 27% 27% Acma !%TE NYA NYA NYA '%TE 4%TE Amcol '0% NYA NYA NYA 10% 10% Asiatic Dev 3% May 6 May 19 Jul 1 5% 5% Ayer
      1,293 words
    • 504 14 BUYERS continue to take an active interest in selective lower liners and blue chips on the Kuala Lumpur stock market yesterday and these counters were able to close with moderate gains. The rest of the market was relatively quiet although prices moved higher
      504 words
    • 2362 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 of 1.000 units unless otherwise specified INDUSTRIALS Acmo *****) Aftaomoto (3168) Alex Hldg I—l Alcorn (746
      2,362 words
    • 173 14 HONG LEONG Assurance (HLA) has acquired 105,000 ordinary shares of Msl each representing 60 per cent of the equity of Allstate Insurance Underwriting Agencies Sdn Bhd. Hong Leong Assurance is a subsidiary of Hong Leong Credit Bhd. Allstate specialises in the provision of
      173 words
    • 131 14 SEAUON HOTELS UmHed: 11th AGM at Gateway 4 Room, Level 2, Pan Pacific Hotel, Marina Square, Singapore 0103 on April 18 at 10.30am. INCH KENNETH KAJANG Rubber Public Limited Company: 77th AGM at 5th Floor, Straits Trading Building, 4 Leboh Pasar Besar, Kuala Lumpur, Malaysia, on Monday, April
      131 words
    • 120 14 HONGKONG Hongkong Index Monday closed Friday 1724 50 Week ago 1789 44 All Industrials Monday 2600 9* Friday 258? 5 Week ogo 2595 5 NEW YORK Hang S«ng Index Monday closed Friday 2679 99 Week ago 2774 88 Dow Jones Friday 2390 34* Thursday 2320 45 Week ago
      120 words
    • 253 14 ManogwV prices MARA-Bumiputra for April 7 First B'putro S*cond B'putro 599 6D4 514 519 Singapore Unit Trust Third B'putro 423 42' The Co—rce 1 CM The Savings 0 90 Spore Prog fund 041 Spore Sec Fund 070 Spore Invest Fund 0.77 S'por* Equity Fund 0 50 1.12 097*
      253 words
    • TAKING STOCK...
      • 446 15 Avimo the push and pull factors By HOCK LOCK SIEW NO SOONER are classy compa- nies prompted to come forward for a listing on the local stock exchange than up pops Avimo Singapore, a perfect candidate. Not only is it high-tech with a high value-added product, but it has a
        By HOCK LOCK SIEW  -  446 words
      • 560 15 THE SILENCE is deafening. All that is known about the breakup between Khoo Teck Puat and his financial advisers Shearson Lehman Brothers is a terse paragraph on the fact. The most compelling question, "Why?" remains unanswered. Not that there are no answers. Well-placed
        560 words
    • 662 15 FAST-MOVING Sunshine Australia Ltd headed by Sydney-based Malaysian businessman Lee Ming Tee has tried to unveil some of the mystery surrounding the company. In his latest address to shareholders, chairman Tan Pee Cee says the company's approach to business in the past few years has not
      662 words
    • 97 15 Reuter A JAPANESE COMPANY, Eie Development Co Ltd, said it had bought the Regent Hotel of Sydney from Ausintel Management Australia Pty Ltd for A$145 million. A statement said the 620room luxury hotel, completed in September 1982 at a cost of A$84 million, would continue
      Reuter  -  97 words
    • 533 15  -  Further plans include Ms3sm rights issue and listing of KFC Holdings By AMY CHEOK INNOVEST BHD, the Malaysian group engaged in the engineering and food businesses, is finalising three major corporate exercises expected to be announced soon. BT understands that firstly, Innovest will
      533 words
    • 424 15 CONDITIONS deteriorated for Tan Sri Khoo Kay Peng's Malayan United Industries in the second half of the year to end-December. As a result, pretax profits fell by 22.4 per cent to M 553.3 million while profits after tax and minority interests were down
      424 words
    • 450 15 PROPERTY GROUP Parkway Holdings Bhd has earmarked a total of $63.85 million for development projects on hand in the next two years. The company says in its loan stock issue prospectus that funding for these will substantially be from bank borrowings and progress payment
      450 words

  • Page 15 Advertisements
    • 206 15 Discover the modern way to improve YOUR English! There is a special monthly publication which will help you to improve your English QUICKLY and EASILY. It is the Business English Digest and you can have full details FREE on request. If you use English in your thorough, easy to underjob
      206 words
    • 714 15 How to write for The Economist (Extracts from The Economist st\fe sheet. Part 2.) On only two scores can The Economist hope to outdo its rivals consistently. One is the quality of its analysis; the other is the quality of its writing. The aim of this style sheet is to
      714 words

  • 526 16  -  By GOH YEE LING IMAGE BUILDING rather than sales is the thrust of this week's Apparel '87 show which has attracted some of the world s biggest buyers of fabrics and garments. The president of Singapore Textile and Garment Manufacturers Association,
    526 words
  • 274 16 AP PRESIDENT Ronald Reagan said he is willing to work towards reducing acid rain emissions crossing the US border to Canada, but believes there are "great difficulties" in the way of Prime Minister Brian Mulroney's proposal for a treaty on the issue. Mr
    AP  -  274 words
  • 381 16 Japan's trade dispute with the US and Britain AFP THERE HAS BEEN moderate progress in Britain's efforts to open up Japan s financial markets, but no immediate solution is in sight, a senior British trade official said inJTokyo yesterday. Undersecretary of State for Corporate and
    AFP  -  381 words
  • 158 16 AP AMID mounting trade friction between Japan and the US, more American opinion leaders think Japan's economic performance is threatening the US, a Gallup poll commissioned by the Japanese government revealed yesterday. The survey, conducted each January at the request of Japan's Foreign Ministry, polled
    AP  -  158 words
  • 226 16 Bernama A MALAYSIAN economist, while applauding the proposed national growth programme (NGP) as an alternative to the New Economic Policy (NEP), has cautioned against leaving out any essential elements in the NEP. The improvement of the rural areas, eradication of poverty and
    Bernama  -  226 words
  • 74 16 Bernama NOMINATION for the Gopeng parliamentary by-election in Perak has been fixed for May 7. Malaysian Election Commission chairman Tan Sri Haji Abdul Kadir Talib yesterday said that in the event of a contest, polling would be on May 16. The Gopeng seat was vacated
    Bernama  -  74 words
  • 212 16 Reuter HONGKONG would be in chaos and depression if China forced it to become communist when Beijing takes control of the British colony in 1997, Chinese leader Deng Xiaoping said T in an article published yesterday. The official Beijing Review quoted Mr Deng
    Reuter  -  212 words
  • 116 16 Reuter CHINESE LEADER Deng Xiaoping yesterday said a plan to restructure China's political system would be presented at a major meeting of the ruling communist party later this year. The New China News Agency quoted Mr Deng as telling visiting
    Reuter  -  116 words
  • 104 16 AP AN OFFICIAL of the Japanese Ministry of International Trade and Industry (Miti) has confirmed that the ministry is considering buying a multi-million-dollar supercomputer from the US as part of an attempt to ease US-Japan trade frictions. He was responding to a Japanese newspaper
    AP  -  104 words
  • 369 16 Reuter THE SOVIET UNION said yesterday it was poised to invest heavily in the Philippines, a close ally and economic partner of the United States. Soviet embassy counsellor Victor Samolenco said talks with Manila were underway on possible Soviet help in
    Reuter  -  369 words
  • 205 16 Reuter ELEVEN PEOPLE, including a minister in the Cabinet of deposed Philippine president Ferdinand Marcos, were charged yesterday with the 1983 murder of opposition leader Benigno Aquino. Former tourism minister Jose Aspiras and 10 others pleaded not guilty to charges that they took
    Reuter  -  205 words
  • 87 16 Reuter COMEX SILVER FUTURES made and held 10 cent gains in nearbys in busy trade early yesterday, continuing the strong performance of last week. Prices ranged from nine to 16.5 cents higher in early trading. Speculative and technical buying, following what was viewed as a highly constructive close
    Reuter  -  87 words
  • 66 16 Reuter WALL STREET soared into record territory in active trading early yesterday as the Dow Jones Industrial Average surpassed the 2,400 level for the first time. The market drew strength from Friday's rally, traders said, and airlines, papers and technology stocks rose. The Dow industrials climbed 13
    Reuter  -  66 words
  • LATE FILE
    • 31 16 Reuter CHINA has tightened control of stock and bond issues to curb misuse of investment funds and excess capital construction. the New China News Agency said yesterday.
      Reuter  -  31 words
    • 54 16 Reuter JAPAN will tell its major trading partners this week that the dollar's recent tumble is harmful to the world's economy, senior Finance Ministry officials said yesterday. They said Japan regarded present exchange rates as outside the levels implied in the six-nation currency accord struck earlier this
      Reuter  -  54 words
    • 42 16 Bernama THE FINDINGS of the public inquiry into a complaint against a Bernama report will be made public. Bernama supervisory council president Justice Datuk Or Zakaria Yatim said at the close of the public inquiry yesterday. Bernama
      Bernama  -  42 words
    • 39 16 AFP REPRESENTATIVE Jack Kemp, 51, a conservative Republican who first became known to the US public as a professional sportsman, yesterday announced he was entering the race for the 1988 Republican presidential nomination. AFP
      AFP  -  39 words
    • 39 16 Japan 's domestic car sales peak AFP DOMESTIC sales by Japanese motor companies in March topped a record monthly high of 588,697 units, up 3 per cent from the previous year, the Japan Automobile Dealers Association said yesterday. AFP
      AFP  -  39 words
    • 45 16 AFP PRESIDENT Samuel Doe of Liberia has dismissed two deputy ministers of the interior following allegations that they were involved in embezzling government funds amounting to nearly U*****,000. Radio Elwa said yesterday the two men would be brought to trial. AFP
      AFP  -  45 words
    • 46 16 AFP MILLIONS of Egyptians voted yesterday for a new parliament certain to be dominated by President Hosni Mubarak's National Democratic Party. The only reported trouble came in a village north of Cairo where opposition party workers exchanged gunfire with police. AFP
      AFP  -  46 words
    • 35 16 AFP THE HONGKONG Journalists Association said yesterday it was considering presenting a petition to the new governor, Sir David Wilson, asking him to withdraw a controversial press law there. AFP
      AFP  -  35 words
  • Page 16 Advertisements
    • 149 16 GNTA text Master Worldwide telex communication from your own workstation There are more than worldwide today YOU KNOW THE PROBLEM The teleprinter is centrally located and an inefficient workstation. It often becomes a bottleneck in the Company's telex traffic. w: w T r A .V 1,500,000 telex subscribers and is
      149 words
    • 5 16 Mulroney pressing Reagan, Paga 3
      5 words
    • 173 16 Hall No. 3, World Trade Centre, Singapore. April 6— 12,1987 SEMINAR ON 'Indo-Asean Cooperation in the Technology Transfer, Joint Ventures and Consultancy Services. DATE TIME: April 8, 9.1 5 A.M. 12.30 AM VENUE: Conference Room No. 1, World Trade Centre, 11 th Storey, (Lifts at Lobby C D), Maritime Square,
      173 words
  • Page 16 Miscellaneous
    • 52 16 wmm Outlook: Showers over several areas In the late afternoon. Report for 24 hour* prior to 7.30pm on April 6 at the airport: Maximum temperature 32.9 Aaaoclated humidity 69 Minimum temperature 24.S Aaaoclated humidity 92 Houra of sunshine 6.50 Rainfall in millimetres 0.2 Rainfall this month 6.2 Rainy days this
      52 words

  • SHIPPING TIMES
    • 424 17 Thai line expects to spend about USsl9m on five vessels UNITHAI has acquired the first of five vessels as part of its retonnaging programme to put the company on a more competitive footing. The 14,478-grt Wakamizu Maru was secured from Nippon Yusen
      424 words
    • 163 17 Reuter THE AUSTRALIAN Maritime Unions' ban on for-eign-flag vessels carrying containers, which began last Wednesday, is causing increasing congestion at container terminals, shipping sources said. The ban, affecting conventional vessels carrying containers as well as container ships, is at present confined to
      Reuter  -  163 words
    • PORTSIDES
      • 84 17 COMPAGNIE Maritime d Affretement (CMA) has reorganised its full container service plying in Eu-rope-Middle East-Far East trade. Sailing frequency will be reduced to 13 days by changing its direct ports of call. Beginning with Ville de Venus from Europe and Ville de Venus from the Far
        84 words
      • 36 17 THE PORT of London is reducing its port rates for cargo entering and leaving its gateway for the second time this year. The cuts will cost the port about £3 million yearly.
        36 words
      • 101 17 AFP FISHERMEN killed three pirates in a fierce gunbattle in southwestern Bangladesh on Sunday. The Dhaka daily Ittefaq said the pirates, traditionally active in mangrove forests in the country's southwestern coastal areas, attacked a trawler belonging to Fishing Cooperatives. At least three pirates, including their leader,
        AFP  -  101 words
      • 107 17 A NEW container berth will be ready by 1988 at the Tanjong Pagar Terminal. It will be converted from two conventional berths, Kll and Kl2. The converted berth, Cl 2 together with adjacent berths Cl 3 and Cl 4, can berth one third-generation and three
        107 words
      • 89 17 INDIA will set up a container warehouse at Rotterdam in June. The depot will serve as a storage point and transhipment centre for Europe. It will be controlled by Engineering Export Promotion Council. Official sources say the Indian Commerce Ministry has agreed to make
        89 words
    • 187 18 Reuter NEWBUILDING orders placed with South Korean shipyards in the first quarter rose to 1 55 million gross tons (gt) from 565,090 in the first three months of last year, due to a rise in foreign demand, Korea Shipowners' Association officials said. Foreign
      Reuter  -  187 words
    • 184 18 AFP THE NATIONAL Centres for Disease Control (CDC) issued its report cards on 10 cruise ships in the first such reporting in more than a year. In March 1986, the CDC discontinued routine ocean liner inspections to reduce its operating costs. But complaints from Congress
      AFP  -  184 words
    • 95 18 Reuter THE OFFICIAL Iraqi News Agency said its warplanes scored a direct hit on a large naval target, a term used by Baghdad to refer to merchant vessels, off the Iranian coast at 0540 GMT Sunday. There was no immediate confirmation of the
      Reuter  -  95 words
    • 667 18 AB Shpg V s ABC Container VIM 1 Accord Shpg VI 3 Afrtco Ocoon IX 4 Alltrons VR 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API M 2/3 ASCI 1 Bolt Conodo l'"e VI 4/5 Bolt Onont line vi 4/5 Bonk
      667 words
    • 224 18 CONTAINERISATION development in the Far East is the subject of a two-day conference which will be held in Hongkong in June. The Asian Seatransport Conference 1987, organised by the Institute of Seatransport, Hongkong, seeks to foster international academic and professional exchange in
      224 words
    • 875 18 ACTIVE time-charter fixing by Soviet operators to cover USSR grain imports featured the freight market on Friday, shipbrokers said. At least two fixtures were reported on Soviet account to lift EC grain, with a 22.000 tonner booked from Tilbury for a voyage via Lower Baltic Sea and redelivery
      875 words
    • 173 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 Corporalion Neptune Orient Lines Orient Overseas Containar Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Contaner Line
      173 words
    • 184 19 JAPAN'S ocean-going shipping companies and seafarers' unions are to set up a seafarers' employment promotion association to absorb redundant men. The association will attempt to find shore work for redundant staff and seek government backing to establish a fund for retirement allowances. It
      184 words
    • 352 19 Reuter, Fairplay BRITISH researchers are working on a new ship design that could help to avoid the rapid capsizing of ferries like the Herald of Free Enterprise which keeled over off the Belgian coast last month. Glasgow university scientists are refining
      Reuter,; Fairplay  -  352 words
    • 257 19 AP OFFICIALS are confident they can right a capsized British ferry with 134 bodies inside today, more than a month after it rolled over into icy waters off Zeebrugge. Smit Tak had positioned two giant pulling barges and three floating cranes off the Herald
      AP  -  257 words
    • 225 19 AFP TANKER owners saw an improvement in their earnings in places during the past week on the charter market, as oil prices maintained a steady trend. But London brokers E A Gibson were quick to warn that "in no way can this be construed as being a prelude
      AFP  -  225 words
    • 113 19 FT THE BRITISH government is concerned at the road haulage industry's failure to take advantage of a rapid rise in freight transport between the UK and the continent Mr Peter Bottomley, UK Minister for Roads, was commenting on a report which showed UK hauliers carried
      FT  -  113 words
    • 395 19 A STRING of tanker newbuildings is to be ordered by struggling shipping group Japan Line this year, led by a very large crude carrier which will be operated on behalf of Mitsubishi Oil. Having just sold a number of ageing VLCCs for
      395 words
    • 8009 24 MaaiLma 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
      8,009 words
    • 1413 26 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES Cot, Ul aloigud* 07 04 .1 S00 CS Ocw KM olongsid* 09 *****0 N*d Modra* KI8 olon^ud* 09 04 0600 U9 oiongvde 08 04 1600 Stroitt Hop* *2« olonguda 11 04 0600 T nof*os»«r«n «8 otortgvoe 07 04
      1,413 words
  • Page 17 Advertisements
    • 623 17 The Mammoth Hunters Jean M. Auel LT3coronet books Available al all Good Bookshops w JV'j PUBLICATIONS 2 Ju»oog Pol Road Singapore ??€>i let ?ebB»Sb OOCL ORIENT OVEIQEAS CokUitttA LINE WW/ JAROI HE SHIPPING AGENCIES (Rdf. No 242K4/ 00K) 200 Cantonment tad #12-05 Souttipomt Sinppore 0201 TN *****11 TELEX HO OS
      623 words
    • 77 17 [KMDB NEWBUIIDING orders placed with South Korean shipyards in the first quarter rose to 1.55 million gross tons (gt) from 565,090. Page II BRITISH researchers are working on a new ship design that could help to avoid the rapid capsizing of ferries like the Herald of Free Enterprise which keeled
      77 words
    • 1123 17 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent. Singapore Soviet Shipping Co Pte Ltd TEL *****33 MAERSK LINE EUROPE The Direct Line Towards A Weekly Service /esse! Voy S pore Tub wee* Anna M Closing Times CY 9/4 2400 MRS CFS
      1,123 words

  • Page 18 Advertisements
    • 582 18 r "K" Line a world of difference. High in the shipping world's ranking are the global services of "K" Line. Around the world routes. Schedules tied to market needs. Our own terminals for smoother feeder and trans-shipment services. And the knowhow to make it ail work so well that shippers
      582 words
    • 17 18 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      17 words
    • 464 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL sum* N SCAN VENTUftt PT. o» LOG. L*acfc-Szczecift-NO-Art TEL: 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM Frt. Booking contact Miss Gan MG S PORE LOO. FOR PT. KLANG S PORE 12M vis ars Further load/ discharging ports an route subject to euffldant inducamarrt. Stnppor* Off**
      464 words

  • Page 19 Advertisements
    • 756 19 The Straits Steamship Group Mansfield Container Shipping PteLtd P&O Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT: KNAVON LIVERPOOL (AT toooq express CITY or EOIMUKH FRAIMFURT EXPRESS Also Accepting Corgp For: HaaMurf M y* 1 CONTAINERSHIP SERVICE FROM UK/CONTINENT: UN IV* w mm CMlinf KaAa. SMaam 1 Totfo Cailmp toaa. Ka>a, Napaya
      756 words
    • 791 19 Franco Belgian Services .1 r A .1 w br.-mh tlh .ir A .t trrn I iru (MEMBER OF ACE CONSORTIUM) container service rw europe S"PORE P KELANCU Harmß'PM rttmm Hm K»y* AM •M Apr) Z7 Apr B Apr 2J Apr 2 fey 3 fer 5 Iky ""CATOB ORIENTAL CHIEF I
      791 words

  • Page 20 Advertisements
    • 272 20 SE CONTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Lloyd CONV/SEMI-CONTAINER SERVICE TO EUROPE CONV/SEMI-CONTAINER SERVICE TO MED EUROPE SP PK PEN TRIES LEX BILBAO HBC B'HAVEN AMS ourwtor ia/4 la/s a/s mi an CONTAINERSHIP SERVICE FROM UK/CONTINENT Agents mm&BsuSingapore *****66 K. Lumpur *****2S Booking *****78 P. Kelang *****18 Freight *****00 CFS *****50 CFS
      272 words
    • 571 20 N=»,*Xu* r ItC.&LINE K9MIM Co**o*ATi9* FULLY CONTAINERISED SERVICE [from [JROPE VIA SUtZ J Member ot the Ac e Consortium tUIIY CONIAINIRIStO 10 FROM NORTH AMERICA WST COAST CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL CRYSTAL REED INDON SPORE LOADING FOR 2/4 20/4 DUBAI. DAMMAM. KUWAIT GEN AGENTS CROWN MARINE CO (PTE)
      571 words
    • 301 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: A|«ntt: SINGAPORE PORT KELANG KOTA KINABALU TC. HANI CALICO SHIPPING PTE LTD Tat: man Th: RS SOU CALICO FAX *****71 PERKAPALAN UTAMA SON BHD Tat: MUM* KESAWAN SHIPPING SON BHO Tat: QiOl (1 llnaa) Fu QMC RASA MUHIBBAH SON BHD
      301 words
    • 1026 20 EVERGREEN Full Container Service Round-ThM-World Ea»t Bound (FE/CARtB/USEC/EURQ/FE) IH ffii M *|i FU IH UK L» a/s art w ivs im .44 134 124 74 34 afi im vn un ALSO ACCEPTING CARGO TO: W U SJuSSCTS "WTOH PHILADELPHIA. NORFOLK. JACKSONVILLE I) ATLANTA CHICAGO, DETROIT COLUMBUS A OTNER MAJOR MCAOMIDQf
      1,026 words

  • Page 21 Advertisements
    • 513 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE SIN MY OMO SIN BLW ■to old ou> m rr t/4 OLD t/4 11/4 14/4 1«/4 11/4 11/4 11/4 >1/4 St/ 4 It/4 tt/4 tl/4 It/4 M/ 4 VIIHL
      513 words
    • 137 21 na &NORBUL NORBULK CARGO SERVICES LTD. I'* REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAK/RED SEA PORTS SWK/SABAH SPOKE LOADING FOR ARIANA NBT-09 12/4 KARACHI/MANGALORE NORBULK NBT-10 12/4 VIZA/TUTI/CALCUTTA SPORE MARATHON UNITED AGENCY PTE LTD TEL 222(366 W MALAYSIA S P YEO SHIPPING t TRADING KL 70*44*
      137 words
    • 759 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Kltan* NNrw L*»B« I HAVEN *DAN HAVRE id id no EXPRESS CONTAINER SERVICE FROM UK/CONTINENT lid Ud I lutm 1 4d tW bm lid m* ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS (KjJEBSEN LINE ZEALAND T1 NEW ZEALAND. PWUJninnUTliEr
      759 words
    • 659 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUM LLOYD P.T. &AMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VUSCUVOY OCEAN Pffll SNIWI JAVA/1 LJ BONTAI MATAR AM/11 CANOA CAM VI RIMA/7WI A/IMI rANfi/UWI ANTWERP lILBAO BREMEN A'DAM/R'DAM H BURG ivs im a/s 5.
      659 words
    • 386 21 BOUSTEAD SHIPPING AGENCIES m MYOMAYWA VIOM PAAN VUNf HTOMrnMA V223N pagan mm BURMA FIVE STAR (Burmese National Line) Loading for Rangoon port P.Ktlang Ptnang Bangkok p Apr OiAr OIAm Apr 11/17 Apr TOANA NIUGINI VJN TAUSALA SAMOA VW MORAYBANK V3N TAGAMA VIN r.'l'll.l .•l'hl'la.i'. l'l.vfll'lJii'l I'JJLi.iLI SPOKE ROAM HULL HMBG
      386 words

  • Page 22 Advertisements
    • 1473 22 Kline KAWASAKI KISEN KAISHA. LTD.— ECtMDOR/PERO/CHMf FEEDER VSL MARIA V2O MOTHER VSL SPORE PKLC PNC SPORE KOBE GUAYAQUIL CALLAO ARICA IQUIQUE AFAGASTA S ANTONIO VALPARAISO TBN VSL 10 Apr 11 Apr U Apr 14 Apr 3 May 7 Jun ,5 Juß Jun CENTRAL AMERICA/CARIBBEAN SEA FEEDER VSL MARIA V» FEEDER
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    • 693 22 Y/tt AUSTRALIA EXPRESS CONTAINER SERVIC Accepting FCL/FCL Contains* FtoM P Kitanf flinw iasl S port IMtlb frtm SyOr Ate a. I ESTECUPPER Vl3 a Apr a Apr UX» 2? *y' »S» -MBIWAS-*34 isift »s; sZJSSS r«!\o»r^« ..J*" 0 5 y -S 5 Junt 20 Junta June 27 Junt AM, Br
      693 words
    • 806 22 Ts-7 golden line 'G &> 1 GUAM GUAN SHIPPING (PTE) lID 21. I(M »Tf Str«* SMGATOK 0104 TEL HUM* (10 IMS) STRAITS/PERSIAN GULF SERVICE: Spore PKeiant fw* GOLDEN BEAR ColomboKaracht/Mioa Qatoot/DuDai 14/15 Aar GOLDEN HARVEST Cotomto/Karachi/Dutiat'Bahrain 1/10 Hay •nij fm omm Kwt a/4 25/4 11/5 13/5 23/5 2V5 U/6 13/6
      806 words
    • 494 22 "E •NTRASEA (PTEhSO 15. Hoa Chiang Roarf. aO7-02/03, Sanford Building Singapore 0208 Tal *****11 (10 Llnaa) Bulk Orient Line BREAKBULK SERVICE TO EUROPE/UK AGIOS NIKOUOS 1703 WESTERN EXPRESS I7M S port P KeUnt Loadinf for SAILED SETE/ROT ANT U.K. (NULL) 17/4 I*4 ROT ANTtSB U.K (NULL) Ajants Singapore INTRASEA (PTE)
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  • Page 23 Advertisements
    • 782 23 S port NEPTUNE AGENCIES PTE LTD Fl EU/AUST TPA/SEA T«l No Office Tenmnel CFS BOOKINGS *****53 *****42 27W77 *****22 222X253 27»1» 271D1U 27*111 27W1« \\NEPTUNE ORIENT LINES LTD -~T NEPLINE SDN BHD XHK7 NEPLINE SON BHD 2U4033 NEPLINE SDN BHD. U08V(27MM27H1.«27W NEPLINE SDN BHD. 2MMO/***** TO EUROPE/UK (VIA SUEZ): r
      782 words
    • 554 23 OONAM HEUNG-A SHIPPINC Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG. BUSAN. INCHON Mrnfjm 1/4 No I Oonmfim IS/4 No 7 DofUffl/703N 17/4 No Donim,7o4N »4 No DwwmTtDN 7/5 N Entar/710N 12/5 No 7 Donam/704N 20/5 No I Oomm/704N 25/5 P Kalan| Buun 5 PORt AGENTS NEPTUNE AGENCIES
      554 words
    • 828 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55 Market Str*t Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** r. KtLAVK PENANC M/S HANDLING SYSTEM CO SON. BHD MESSRS HAI THOftC SHIPPING 127 Pn. Str-. Y.i,
      828 words
    • 68 23 FERI MALAYSIA SDN. BHD tmHli I'liNl MNI H I'AI 11 ll\l I) Wl I M 1 MKVICI 1(1 KHAN lAN Kill MINI. H KINAHAIII AIMI ACCI I'l INI. Sill HKIVIN IH AV Y VI Mil II". la.J ji 'THJiMII' 19, Koppo< Rood #05-02/03 JH Nh Mdbg S port 0301 Toll
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  • Page 24 Advertisements
    • 398 24 SINGAPORE SHIPPING CORPN.CPTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA. RS ***** A/B SSCAD VEB DEUTF RACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO IUROPt ~VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul, Mersin, Limassol, Beirut Alexandria, Port Said, Iraqi, Iranian and other Middle-East destinations. QiSIKSOS
      398 words
    • 387 24 rJVantai[fne Ft East-South Africa Sorvict REGULAR FULLY CONTAINERISED EXPRESS SERVICE mm s?" y*" 4 i"" SffiSSSo 5 'S *8 "S w a» KTwa ii; NAMTAJ n\*CEX V-ISS ZjJl 1/7 1/7 *7 I*7 tart Agate EAGLE CORPORATION (PTE) LTD Tel: *****88. Tele* No. ***** Imm, tp.il MAC-NELS AGENCIES PTE LTO Tw
      387 words
  • Page 24 Miscellaneous
    • 164 24 Regional Weather 2 •K m. Si m ■6 J J" *c *1 R A iV 9 C win< Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C y Shower Weather s-J Wind direction with speed in knots Rai"
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  • Page 25 Advertisements
    • 215 25 Mil CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE rTaeT™ BREMENHAVEN. COPENHAGEN. HELSINKI. MALMO. OSLO, STOC FROM EUROPE vs. I. SELANOIA 147 LOADING FRO* GOTHENBURG, BREMENHAVEN, HAMBURG, ROTTERDAM
      215 words
    • 679 25 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEMI CONTAINER SERVICE TO NORTHBOUND TO UKC S PORE RDM/A DAM HBG HULL (U.K.) TTOANA NIUGINI V3N 19/4 14/5 11/5 22/5 TAUSALA SAMOA V9N 28/4 27/5 30/5 4/6 MORAYBANK V3N 8/5 4/6 9/6 13/6 TAGAMA VIN 14/5 7f6 11/6 15/6 •Alto
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  • Page 26 Advertisements
    • 124 26 Leave it all toNYK NYK Group's total services are your assurance of total satisfaction. v J I 1u L The NYK Group provides door-to-door total global service for your shipment. By integrating truck, train, plane and ship with our computer simulation program, NYK can save you time, money and aggravation.
      124 words
    • 425 26 V-*. S, J I* MitsuiOSKLines Ltd CONVENTIONAL/SEMI-CONTAINER EAST AFRICA MORNING GRACE VOY EAA9A OCEAN ELITE VOY EAA33A ASTRA PEAK VOY SWA2SA LINDEN BEL VOY EAA4A SUBJECT INDUCEMENT WEST AFRICA RAINBOW AVENUE VOY WAB2A RIVER OLI WAA3SA Rmks: Sub|ect Inducement S.A. VAAL VOY 2730F NEDLLOYD COLOMBO VOY 2828F OSAKA MARU VOY
      425 words