The Business Times, 10 March 1988

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, MARCH 10, 1988 75 CENTS
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  • 247 1 Reuter Dow Jones higher WALL STREET stocks turned higher yesterday morning as blue chips recovered small early losses and joined the rest of the market in gaining. Brokers said early profit-taking was not unexpected and the market now was following up Tueaday's advance. The Dow 30 index
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  • 314 1  -  -by ALVIN TAY AS TOP TALENT continues to pour out of Hongkong, young Singaporean professionals are heading for the British colony for one- or two-year stints. Aggregate figures are not available, but mounting anecdotal evidence strongly suggests that more
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  • 235 1 A STRONG overnight rally on Wall Street, which cloeed at a post-crash high of 2,081.07, caused share prices on major Asian markets to finish sharply higher yesterday. Buying support from foreign fund managers and retail investors boosted the Singapore stock market to a firm
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  • 673 1  -  Move reflects quickening outflow of talent from Hongkong By ALVIN TAY THE REPUBLIC National Bank of New York is shifting its regional headquarters from Hongkong to Singapore a move that reflects the accelerating pace of emigration by professionals who want to escape the
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  • 121 1 BUOYED by rising commodity prices and Australia's improved economic performance, the Aussie dollar yesterday hit its highest level since the October stockmarket crash. The Australian dollar hit 73.28 US cents in the Sydney currency market, a gain of more than six US cents since its November
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  • 354 1 Reuter JAPANESE Prime Minister Noboru Takeshita yesterday shrugged off US threats of retaliation against his country for its failure to open up its construction market further to foreign companies. "They always say that," Mr Takeshita was quoted by Kyodo News Service as telling reporters in
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  • 167 1 Reuter A US SENATOR has wsrned that Japan must solve its trade problems with America rapidly if it wants to head off passage of protectionist legislation there. "The trade Bill in Congress is now reaching a critical stage,'' Democratic Senator Max Baucus said
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  • 426 1 Reuter US VICE-PRESIDENT George Bush, fighting for political survival only a month ago, yesterday had the Republican presidential nomination within reach and his opponents in disarray. President Ronald Reagan's loyal lieutenant trounced his rivals in 16 of 17 "Super Tuesday" Republican
    Reuter  -  426 words
  • Page 1 Advertisements
    • 164 1 TIBNGOURTJ? SICHUAN CUISINE King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 i How to secure a string of businesses without being tied up. —if/' 7^ 4 If you find difficulty in getting sufficient working capital to match your increasing sales, GPF can help you. GPF s Factoring Plan provides
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    • 314 1 Full report, Page 18; Regional marfcats, Pago 20; World markota, Paga 21 E KB THE INCREASE In the foreign worker*' levy from next month could trigger off a new round of wage raises for local workers. HOME NEWS, Page 2 THE PHILIPPINES WILL have a 1989 deficit of 28.5 billion
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    • 59 1 Echoes from the Big Bang THE DEREGULATION of London's securities markets on Oct 27, 1966 has been followed by a 're-regulation'. A strict code of conduct has been drawn up under the Financial Services Act effective next month to protect investors and to ensure that there are no 'completely unfettered'
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    • 81 1 TOTAL TRANSPORTATION iqTvJW^: |p] te1:265-3833 CROWN PACIFIC rrOitCiJOillfi CflrKllOlitt ft D ,rl Dama rVDUTTta, DSCX rajf Shipping Timet comet at a separate section today. Make ture you get your copy. Melwani, exclusively male.. TVdw Open at I nternational B uilding (Next to Lido Theatre) 360 Orchard Road, *01 18 :v
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  • HOME NEWS
    • 512 2  -  By LEE HAN SHIH THE construction industry marked a significant point in January when, possibly for the first time ever, contractors got more jobs from private developers than from the government. In January, contractors secured $135.9 million worth of new jobs from private developers,
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    • 504 2  -  By ANNA TEO COMING SMACK in the midst of a tight labour market, the increase in the foreign workers' levy from next month could trigger off a new round of wage rises for local workers. Several employers contacted by BT feared that with the increase
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    • 168 2 A SINGAPORE COMPANY which offers colour separation services to the printing industry haa successfully broken into the West German market. Scantrans, an aaeociate company of Timee Publishing Berhad, set up its first overseas office in Frankfurt laat April and ia now enjoying about
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    • 317 2 A FORMER general manager of Allied Ordnance Company of Singapore (AOS) waa yesterday sentenced to four years in jail for accepting bribea from a Swedish arms manufacturer and for forging documents. Tan Kok Cheng, 39. was jailed for 30 months
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    • 57 2 IN SATURDAY'S report "Lai resigns from Sunshine Allied Investments board", BT said Dr Ernest Lai joined the above board last October. It was also mentioned that Juncrown Limited acquired 24.9 per cent of the company in 1967. Both events occurred in October 1965, and not 1967 as
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    • 394 2 Seminars and Courses f < l ■Ml EG Mar 21-23 Mor 21-23 Mor 21-25 Corporal* Treasury Monogement Poper Work Simpllficotion The Allen Monoger'i Seminar Clii UJIIIVfvKJ Room SIM Conference Room SIM Conference Room Singapore Institute of Monogement Singapore Institute of Management Singapore Institute of *****66 *****66 *****66 Mar
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    • 400 2  -  By LONG SHIH ROME SPURRED by brisk demand, Plaskon Electronic Materials will from June double its monthly production of epoxy moulding compounds for integrsted circuits. By then, epoxy moulding compounds using s different mix of ingredients will be produced at one of Plaskon's two
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    • 134 2 SENIOR Supreme Court Judge Mr T S Sinnathuray has been appointed chairman of the Coin Advisory Committee for a three-year term starting from April this year. The appointment was made by Finance Miniater Or Richard Hu, who is also chairman of the Board of Commissioners of
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    • 65 2 THE National Registration Department has warned that it is an offence for Singaporeans not to report any change of addreaa within 14 days. Changes can be reported in person or through a proxy who is a responsible member of the household at the National Registration Office at
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    • 446 3  -  By JEFFREY TSANG JAPANESE ELECTRONICS giant Matsushita Electric Industrial Co is pumping about $10 million this year into its Singapore subsidiary to produce a new line of computer chips. The extra investment will allow the Singapore company, Matsushita Denshi, to build
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    • 226 3 SINGAPORE will play host to the 27th annual session of the Asian-African Legal Consultative Committee (AALCC) starting next week The session will be held at Raffles City Convention Centre from March 14 to 19. Mr EW Barker, Minister for Law, will open the six-day
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    • 357 3 MICHAEL WHITEHEAD has been appointed general manager of Cathay Pacific for South-east Asia. Mr Whitehead takes over from Povl Jurgensen, who has taken up the post of vice-president, Scandinavia. Before his recent appointment, Mr Whitehead was with the airline's head office in Hongkong as general manager of
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    • 267 3 THE National Wages Council, which meets soon, is seeking views on this year's wage guidelines. A Labour Ministry statement yesterday said the NWC would like to know from the public specifically how widely last year's wage guidelines were adopted and what they think the
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    • 109 3 CANADA has relaxed its rules governing foreign students and their spouses seeking employment, according to the Canadian High Commission. When the policy changes are implemented, foreign students may be granted permission to accept work without the job requiring validation or being subject to the availability
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    • 64 3 BRITISH PETROLEUM Singapore has announced that prices of two of its products have been reduced from this week. Posted price of Jet Fuel dipped by 3.0 US cents, to 54.0 cents per US gallon. The posted price for kerosene also dropped by 3.0 US cents, to
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    • 697 3  -  Need for modern business methods recognised, survey shows By TONG SUIT CHEE SMALL RETAILERS in Singapore are pessimistic about their future, expecting competition and shifting shopping patterns to hurt their business. But they intend to hang on. And though they are slow to seek change,
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  • Page 2 Advertisements
    • 224 2 IF YOU'RE IjOOKING FOR AN EXCITING INVESTMENT OPPORTUNITY, TRY THROWING A PARTY ON MOUNT FABER RIDGE we*' $e*' W> PROPOSALS ARE NOW INVITED FOR THE COMMERCIAL DEVELOPMENT OF THE ALKAFF MANSION. In 1852, Sheik Alkaff first brought his Arab trading ship into Singapore. The Alkaff Mansion atop Mount Faber Ridge
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    • 49 2 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax, copier word processing secretarial services conference room answering service, long snort term lease you name it' Your inspection enquiries welcome WORLDWIDE BUSINESS CENTRES (S) PTE LTD ■11 04 06 Peninsula Plaza Tel 356 1769
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  • Page 2 Miscellaneous
    • 45 2 Singapore OUTLOOK: ——i taper* for 24 Noun prior to 7.30pm on Mar 9 at RaintoM Ma mat... 12SJ Rainy days Ma mfti— Naw OaM Naw York San Frii'oo Son Juan IM yl So© Paulo Seoul JvOCKTiOwri Sydnay Toipoi Ta) Av+v Tokyo Toronto Voncowar Vlonno Wortow
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  • Page 3 Advertisements
    • 154 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day Jointly organised by CHARMING GARDEN RESTAURANT GOLD OX STATE GUESTHOUSE (Sichuan, China) SICHUAN from 5 March '88 (A limited period only) Simply Irresistible! Genuine Sichuan flavours exotic, spicy and diverse! Brought to you for the first time direct from Sichuan,
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    • 189 3 A HOME NOTA HOTEL. There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family
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    • 3 3 Leader, Page 12
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  • Page 4 Advertisements
    • 164 4 Mum'd the word! Careering, as we all are, along time's path, there is one rest upon the way where, when time is spent, one does not feel short changed. The Club, smug in it's refurbished finery, provides a hedonistic haven for those who enjoy an ambience of relaxed sophistication, from
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  • ASIA – PACIFIC
    • 295 5 Reuter AUSTRALIA will need to halve its current account deficit in order to stabilise its foreign debt by the early *****. National Bank of Australia Ltd senior economist Brian Hamley said The most effective way to stabilise the growing debt is through
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    • 161 5 Reuter THE SWEDISH government and the state-owned arms-maker FFV sold anti-tank ammunition illegally to Australia while it was involved in the war in Vietnam, a former senior official of the company has alleged. The sales were made in the late 1960s even as Swedes in
      Reuter  -  161 words
    • 123 5 AFP SOUTH KOREA is mounting a counter-offensive against US presidential candidate Richard Gephardt s television advertisements threatening to make South Korean cars cost US$4B,OOO in the United States. South Korean ambassador in Washington Kim Kyung-Won has been instructed to meet Mr Ge- phardt to
      AFP  -  123 words
    • 851 5 ARRIVALS Operator Service Local From number time OA OA472 0015 SYD/MEL SiA SQ11 0115 LAX/NRT THAI TG8010 0150 BKK/KPS THAI TG8012 0300 BKK/KPS IC £555 0655 MAA MAS MH681 0820 KUl MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQ103 0950 KUL AC AC858 0950 YYZ/LHR/BOM
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    • 321 5 AFP THAILANO has displayed "the greatest potential" to |oin the Aaian newly industrialising country (NIC) league of South Korea. Taiwan. Hongkong and Singapore. a business newsletter released in Hongkong said on Tuesday. Enjoying an economic growth of 6.5 per cent in
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    • 404 5 Reuter THE PHILIPPINES will have a 1969 deficit of 28.5 billion pesos on a projected budget of 190 billion pesos, Budget Secretary Guillermo Carague said. He said in Manila ttiis compares with a projected deficit of 27.1 billion pesos for the
      Reuter  -  404 words
  • Page 5 Advertisements
    • 73 5 Shirking trade ■■> n ■Mi lllii rttpontiDiimti, rtyt 1 o f|l/ AI A|\ Ijl 1£ The business person's choice, every I I II 111 1 Tuesday. Thurs< 3 y. Saturday and I 1 1 VI \l II f Sunday. Leaving Changi Airport at J V J\ \V /1 X V-X
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    • 156 5 i,-, IMgl at Mi L m 4 3K m SJ |j£. vn W V w fr i 5 rl Shenton Way Branch now open on Saturdays for Housing Loan inquiries 9.30 am toll.3oam YOUR HOME LOAN Limited offer Hurry! If your loan is between $100,000 and $200,000 we'll give you
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  • REST OF THE WORLD
    • 428 6 Economic and military assistance pledged Reuter THE UNITED STATES pledged on Tuesday to help Panama rebuild its battered economy and resume military aid once Panamanian strongman General Manuel Antonio Noriega is ousted and a civilian democracy is established. It also hailed a move
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    • 232 6 NYT A EUROPEAN diplomatic protest has led US Senate conferees to rewrite a portion of a trade Bill calling for sanctions against the Toshiba Corp of Japan and Kongsberg Vaapenfabrikk of Norway, which have been accused of illegally diverting military technology to the Soviet Union.
      NYT  -  232 words
    • 227 6 AP THE US Federal Aviation Administration (FAA), worried about a rash of commuter airline accidents that claimed 56 lives in a recent five-month period, announced on Tuesday a year-long inspection of the commuter (short-haul) airline industry. FAA administrator Allan McArtor said the inspection will
      AP  -  227 words
    • 273 6 Reuter THE BRITISH PARLIAMENT has approved a government plan to sell off Britain's electricity industry after Energy Secretary Cecil Parkinson promised privatisation would mean cheaper power for the consumer. Prime Minister Margaret Thatcher's Conservative government won approval in the House of Commons by
      Reuter  -  273 words
    • 218 6 Reuter TOURISM flourished in the major industrialised countries last year, with earnings provisionally beating the record 1965 level, the Organisation for Economic Cooperation and Development said in Paris on Tuesday. Real earnings from the tourist trade, allowing for inflation and exchange rate fluctuations, rose
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    • 71 6 Reuter WITHIN DAYS of the publication of a draft law aimed at encouraging cooperative ventures. Soviet leader Mikhail Gorbachev has announced tax reforms to cut back excessive profits by such enterprises The Communist Party daily Pravda on Tuesday quoted the Soviet leader as referring to
      Reuter  -  71 words
    • 267 6 Reuter THE WEST GERMAN economy has survived last October's stock market crash and the ensuing slump in the value of the dollar, according to leading economic research institutes. Senior institute economists polled said the economy would continue to expand this year, although some institutes
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    • 57 6 Reuter BRITAIN'S highest-paid executive earns £2.5 million a year. Christopher Heath, managing director of Baring Securities. took the top position on the remuneration report issued by Charterhouse, a merchant banking and financial services group. He was followed by Burton retail clothing group chairman, Sir Ralph
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    • 440 6 Reuter A SNAP general election loomed larger in France on Monday after Prime Minister Jacques Chirac vowed to end a power-sharing pact with the Left if socialist President Francois Mitterrand is re-elected in May. The remark deepened uncertainty over
      Reuter  -  440 words
  • Page 6 Advertisements
    • 114 6 Pleasure before business IIK •v xr 5 f I Thai's Royal Executive Class While you're on your way to a business trip, we're there to prepare you. And we will go to extremes to serve our business travellers better. With our highly-acclaimed Royal Orchid Service, you can expect the kind
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    • 11 6 Thatcher takM a gambla In bid to prtvatiaa ataclrlclty, Paga 13
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  • Page 6 Miscellaneous
    • 50 6 Doonesbury THE OUTSWER SPOKE. A BAND OF 30 MORE DESPERADOS QUIETLY SHUFFLED /A/70 TOWN 4 f f i «WT £5 ALARMED" SAID THE OUTSIDER REASSURINGLY. m 5> <r;». i I BY GARRY TRUDEAU THE TOWNSFOLK WERE HESITANT. MEMBERS OF CONGRESS' NEXT'WILL THE MEMBERS TAKE THE LAW INTO THEIR OWN HANDS
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  • Page 7 Advertisements
    • 363 7 As corporations have expanded their operations globally, the greater the range and complexity of their financial needs have become. So much so that only a handful of financial institutions can now offer anything like the full range of services that are required. Global finance is moving in increasingly diverse directions
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  • MONEY AND EXCHANGES
    • 1354 8 Reuter SINGAPORE: THE US dollar yesterday ended firmer against most major currencies marnly on short-cover-ing interest while sterling closed lower following profittaking, dealers said. The US dollar ended at 128.05/15 yen against New York's 127.75/85 close, at 1.6700/10 marks against 1.6665/75 and at 1.3800/10 Swiss francs against 1.3760/70.
      Reuter  -  1,354 words
    • 57 8 THE OVERNIGHT rate on the Singapore interbank market fell 1/2 point to end at 3 per cent yesterday. The term rates remained unchanged. S$ Interbank rates at 12 noon yester day: OfFCt WD Ownight 3 2 1/2 1 -monlti 3 1/8 3 2 mortti 3 1/8 3 3-momft
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    • 82 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity WD OFFER HK5H LOW 3 rwcmfhs RQ*****Z 9.6.88 2.99 2.94 2.96 2.91 6 months BY*****S 30.6.88 3.01 2.96 2.99 2.96 1 year BY*****T 24.11.88 3.04 2.99 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
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    • 178 8 Indicate! the average of the prime lending rates of 12 naa|or banks in S'pore Interbank market rates (offer/bid) on March 9 US) DM SWFC 7 days 6 11/16 9/16 J/8 1/8 3 7/1* 5/16 1 l/J 1/4 3 3/4 5/« 1 tn* 6 13/16 11/16 13/16 11/16
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    • 314 8 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels after quiet trading. Dealers said most operators were sidelined due to a general lack of interest. Short-dates eased 1/16 to 1/8 point at the outset because of weaker US federal funds rate but thereafter were unchanged. Overnight closed
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    • 580 8 yCB,erda y °P® n ®d With a slightly weak ne at 92 83 and tested intermediate support at 92 82 The support however held well in Simex session. There *as nttie trading interest in the absence of new factors to move the market. The current lethargy was also due
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    • 166 8 Gold futurat on March 8 100 Iroy ouncat. USS pw troy ounca Opm HV Low Mt Mor 435.30 -2.00 Apr 437.50 440-50 434.40 434.40 -2jOO May 434-70 -2J0 Jwn 442 40 444.70 440-50 441.00 -2J0 A«g 445 JO 444-50 445.00 445.40 -2-00 Oct 451.20 453.00 449.50 450.00
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    • 1658 8 CURRENCY FUTURES OPTIONS W*dnMday Morrfi 9, 1988 DEUTSCHE MARK (SIMEX) I B 1 1 I I Low Sa« N*h Lot Sal 54 55 CAI CAJ M 57 1 4 51 2446 249 11 21 59 1696 166 60 1006 91 96 60 *1 526 52 I10A 111 62 256
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  • Page 8 Advertisements

  • BANKING AND FINANCE
    • 395 9  -  By ALVIN TAY NZI BANK Ltd. the New Zealand banking group, has expanded its presence in Europe with the purchase of one of London's oldest merchant banks, Arbuthnot Latham Bank Ltd, for £39 million ($143 million). The purchase came only three months after NZI Bank
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    • 509 9 AP "RADICAL" proposals to solve the Third World's trillion-dollar debt were attacked on Tuesday by Mr Michel Camdessus, the managing director of the International Monetary Fund. Mr Camdessus did not identify the propoeals. US Senstor Bill Brsdley has proposed a US$57
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    • 264 9 Reuter A SENIOR US Treasury official denied that the Reagan administration has stopped pressing Taiwan to allow its currency to rise. "We continue to believe that further appreciation is needed to correct the trade imbalance with Taiwan and to better reflect underlying economic
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    • 105 9 AFP INDONESIA'S second largest state bank. Bank Bumi Daya, has signed an agreement with 13 international banks to market US$5O million in commercial paper in New York. A bank spokesman said yesterday the agreement marked the first time an Indonesian bank had entered the
      AFP  -  105 words
    • 276 9 Bernama ES BANK NEGARA has stopped approving loans for projects costing more than M 5250.000 under the New Investments Fund (NIF), according to a banker. This was largely due to the "overwhelming response" to the NIF scheme. Mr Mak Hon Weng of the
      Bernama ES  -  276 words
    • 361 9  -  By LEONG WEN WAH A LOCAL stockbroking firm is believed to be gearing up for trading on the Singapore International Monetary Exchange, judging by its recruitment of the top official of another Simex corporate clearing member. Mr Yeong Wai Cheong, 33,
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    • 282 9 Reuter THE CANADIAN Bankers' Association wants the Bank Act changed to allow banks to sail insurance and expand other services. "The issue is the public interest and whether or not there should be competition in this field," sssocistion president Robert Macintosh
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    • 95 9 AFP THE NET ASSETS of the Korea Fund, South Korea's leading foreign investment fund, rose 38.5 per cent to U*****.48 million in 1987, according to the fund's annual report released yesterday. The Korean Euro Fund, a second fund which began investing in South Korean stocks
      AFP  -  95 words
  • Page 9 Advertisements
    • 196 9 SEAGATE COCKTAIL PARTY CUM PRODUCT LAUNCH Date :11 March 1988 Presentations by: Time :4.00pm JOHN HAUGHEY Seagate Vice President, Far Fast Sales Venue The Pavilion Inter-Continental DAVE SCULL Seagate Sales Manager Pacific Rim Singapore, Royal Pavilion Room LINDA TAN SMnmlß.Swt Refreshments will be served. Pacific Kim ribe Tantlon dealers, here's
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    • 157 9 Vienna waltzes into Singapore at the Opera Ball r&t i j -r -S,:I H t (I I I S M I SINCAfOBf The Vienna Opera Ball is one of the highlights on the European social calendar. It's an occasion with a long tradition celebrated in splendour and grandeur in Austria.
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  • Page 10 Advertisements
    • 2033 10 Share Capital Authorised Ordinary shares of $1 each issued and fully paid Ordinary shares of $1 each Statutory Reserve Capital Reserve Accumulated Loss Total Share Capital and Reserves Long Term Borrowings Current Liabilities and Provisions Deposits and savings accounts Other creditors and accrued charges Provision (or taxation Guarantees and other
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  • COMMODITIES
    • 422 11 Crude palm oil futures closed lower In moderately active trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers said market was affected by news that India was still away from the market. Rumours which said that China was buying 25,000 tonnes of Malaysia's processed palm oil also had
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    • 98 11 Crude prices dropped on news of discounts by Abu Dhabi. WTI gained on lower product stocks in the US. Singapore product languished. Closing prices for crude (FOB origin) US$/borr«l Onng* Top* (Mar) 16.23 undi Mfcm |M*I 16.90 -0.20 Dubai (ApriO 1X95 -0.02 W«t T#*o» Inifniitdlotv, WT1 (Apr«•'
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    • 187 11 Reuter THE KUALA LUMPUR Tin Market yeeterday closed five cants tower at MSI 7.25 a kg In qulat trading, axtandlng Tuesday's loaaaa. Daalara aald further falls on the European spot tin market, mainly due to currency factors, continued to affect sentiment here. Buyers became more ceutious and remained
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    • 239 11 Reuter BINGAPORE THE MARKET yesterday closed easier with April 1 RSS buyers quoted at 219.50 cents/kilo, down 1.50 cents from Tuesday s close. Dealers said prices were easier from the outset and continued to drift lower towards midday on lack of buying interest and some long liquidation in quiet
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    • 234 11 R AS prices In S cents/kg, FOB In bale NOON CLOSE Buyen Sellers Buyers Sellers lot 1 RSS Prompt 221.00 222.00N 221.00 222.00N Int 1 RSS Apr 88 219.25 219.75 219J0 220.00 Int 1 RSS May 88 221.00 221 JO 221.00 221.50 Int 2 RSS OP 217.00
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    • 76 11 (canta/kg) APRIL 1988 MAY 1988 (currant month) (forward month) RAS NOON •wr*** S««en NOON >wy«n S*«*n SSI 20 218.00 220.00N 218.00 220.00N SS* 50 216J0 218.50N 216-50 218 JON MRELB tffylfl S»8>rs T| SM» cv 297.00 299.00N 298.00 300.00N SMI I 397.00 299.00N 298.00 3oaooN SMI 5
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    • 329 11 Reuter HONGKONG: GOLD yesterday closed barely changed in dull trading in the absence of fresh (actors. Dealers said a late rebound of the US dollar prompted selling of gold, eroding its early gains. Sentiment remained cautious and dealers expect the metal to hold within tight ranges in the
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    • 155 11 London Commodity Exchango •wyor/Soior doting prloot on Mardi (£/»ohm unto** hj*JW*d). dorinQ prion In COAm law No 6 OF No 6 F08 WMt No 5 0N« (USS/tama) Fatn oil M'dai cm OF UK/KoMordam 224J (2224) 191J (1894) 235.5 (234.0) do lovi In mm Lflndo>v Mltn option OF London
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    • 239 11 Chinese Produce Oaring price* an Me irdi 9 Exchange (USI/tonne, FOB) Sollon noon pi Mordt 9 (SS/100 kg) rloe* an White Rice 100% 1» eta* 355 Coconut oil 100% 2nd da* 320 hi FOB io«.oo 100% 3rd da* 315 OM drum FOB 118.00 5% 310 New drum FOB
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  • Page 11 Advertisements
    • 409 11 >">;'|*!-@`\_+{`:/^*&}|=<}_"<+: Besides being a fine 24-pin printer that's fast, B reliable, compact, quiet and easy-to-use, Epson's new B LQ-500 is also very affordable. I Day in and day out, it will give you the kind of I crisp, sharp copy you'd expect from more extravagant I printers. It gets the
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  • PERSPECTIVE
    • 510 12 CAUTIOUS, CONSERVATIVE and pessimistic. The picture painted by the university researchers of the small retailer in Singapore is not the most encouraging. About the most positive quality they exhibit, along with the determination to hang on, is a recognition that they at least need to start thinking about
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    • 2139 12  -  Ironically, the deregulation of London's securities markets on Oct 27,1986, has brought with it more rules and regulations to ensure that investors are protected and that there is a proper code of conduct for doing business. Financial Correspondent SOH TIANG KENG, in London recently,
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    • 762 13  -  By AL WEBB UPI BARELY a century ago, electricity was little more than a carni-val-like diversion. Today, it is sparking British Prime Minister Margaret Thatcher's greatest gamble in her bid to get the government out of the utilities business. First came
      UPI  -  762 words
    • 1080 13  -  South Korea's explosive industrial development in the past two decades has earned it the reputation of 'Second Japan', and like its samurai neighbours, it has fallen in line for a serious dose of Washington's trade rap. CLYDE H FARNSWORTH reports. CLYDE H FARNSWORTH NYT
      NYT  -  1,080 words
    • 464 13  -  By LINDA SIEG Reuter JAPAN'* Ministry of International Trade and Industry (Miti), feared and admired worldwide as the mastermind behind the country's industrial might, is suffering an identity crisis. The ministry, which channelled Japan's export drive by backing industries with funds and advice, now
      Reuter  -  464 words
  • Page 12 Advertisements
    • 265 12 Here's a business deal for you to chew on. J Some call theirs the Executive Lunch. Others name theirs the Businessman's Lunch. Well, we at Le Vendome Continental Restaurant thought we should address the issue more direct and present you with our proposals. If you're the type who has to
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    • 7 12 Profile of Sir Nicholas Goodison, Pago 21
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  • Page 12 Miscellaneous

  • Page 13 Miscellaneous
    • 1193 13 W WID BOOM) PM Opening and Programme Highlights followed by Lingo. The Entrepreneurs An American Adventure: Expending Amerttes (Pt 3, See highlights). World Musk Album. Home To Roost Crime Watch. Diary Of A Nation. Jane Austen Festival Persuasion (r). Notional Cycling Cross Championship 1988. News On 12 (E). Close. PM
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    • 627 13 CRYPTIC PUZZLE ACROSS 1 The scowl of a person all hot and red (6) 7 The sort of mining poets can get involved in? (8) 8 Young loaf producer (4) 10 The game s over! (6) 11 Bird giving a shriek (6) 14 Lion in a tale, once (3) 16
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  • SPORTS & LEISURE
    • 573 14 NYT MIKE TYSON has come to Japan, where people keep touching his hair. They tentatively approach him in hotel lobbies or on the street and place their fingers on his head. They look at Tyson's face, which looks nothing like theirs, then touch his hair, which
      NYT  -  573 words
    • 254 14 AFP LAST MONTH'S candidates matches in Canada witnessed the passing of the chess old guard and the rise of strong young players from Western Europe, International Chess Federation (FIDE) president Florencio Campomanes said in Manila on Tuesday. The New Brunswick results, which saw
      AFP  -  254 words
    • 259 15 AP FERRARI continued to dominate tyre tests for Formula One teams on Tuesday, with Italy's Michele Alboreto setting the fastest lap for the second straight day in Rio de Janeiro. Alboreto, in the new Ferrari Turbo, had a best lap of one minute, 30.21
      AP  -  259 words
    • 420 15  -  American bags individual honours at Open Pro-Am By WALTON MORAIS AMERICAN Steve Veriato, who finished joint fifth in the Rolex Masters a fortnight ago, fired the first salvo in the U*****,000 Singapore Open in taking the individual honours in yesterday's Pro-Am at Tanah
      420 words
    • 381 15 UPI ARNOLD PALMER has been named the most admired golfer ot all time by a group of Americas leading golf writers, and Australian Greg Norman is considered the best among current players. In a national poll of 245 American golf writers,
      UPI  -  381 words
    • 306 15 Reuter WORLD high hurdles gold medallist Greg Foster and last year's Grand Prix champion Tonie Campbell will stage another of their spectacular confrontations when the British indoor athletics season comes to a climax with the annual En-gland-US match on Saturday. Foster retained his
      Reuter  -  306 words
    • 134 15 AFP LINFORD CHRISTIE, fresh from confirming his credentials as Europe's finest sprinter, is ready to take on the best the US can offer at England's Cosford track on Saturday. The new European indoor 60m champion will be after the scalp of Emmit King, who
      AFP  -  134 words
    • 603 15  -  Irankly speakinq... WALTON MORAIS AS THEY TOWELLED off their sweat and ordered cups of coffee in the clubhouse after the second round of the Rolex Masters a fortnight ago, M Murugiah and Bill Fua looked at each other, shook their heads and stared at their
      603 words
    • 399 15 Reuter NEW ZEALAND'S America's Cup yachting challenge syndicate has agreed to participate in a multi-nation elimination series starting in San Diego on Feb 1 next year. Syndicate chairman Michael Fay said in a statement released in Sydney yesterday that the America's Cup match would
      Reuter  -  399 words
    • 96 15 AP UNSEEDED David Pate upset third-seeded Jimmy Connors 3-6, 6-4, 6-3 on Tuesday in the first round of the U*****,000 Du Pont Classic tennis tournament in Orlando. California. Pate is ranked 20th in the world, while Connors is ranked fifth. "I used to idolise him," Pate
      AP  -  96 words
    • 901 17 NYT SOMETIME DURING the game last night against the Knicks, Kareem Abdul-Jabbar of the Los Angeles Lakers would have taken a pass near the basket, fake to his left, swing to his right and shoot the most potent and feared shot in the history
      NYT  -  901 words
  • Page 14 Advertisements
    • 180 14 COURVOISIERXO-Where to eat, drink... MARCH beef fillet and king with chicken H j/ FAVOURITES FROM SICHUAN GUANGDONG AT FICUS CAFE MARCH 4-19 We've combined all your favourite Cantonese and Sichuan Restaurant dishes in one buffet. Available daily for lunch and dinner, the spread of more than 80 items (25 items
      180 words
    • 184 14 ROU GU CHA BREAKFAST at CAFE BOULEVARD 7am 11am daily V* Sss.oo+ er person FISH VERMICELLI at DON DANG SAYANG Daily Lunch and Dinner 1, Tanglin Road Singapore 1024 Tel: *****33 Tele*: MINGTEL RS ***** Telefax: *****42 SS7.OO+ per person A FUrtO COURT MOTEL TEA AT THE ATRIUM -r—. DAI
      184 words
    • 208 14 FASHIONABLY HYATT Join the fashion conscious every Thursday (3.00 6.(X) pm) in The Lounge. Watch our models parade the latest collectioas while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus.show at $10.50 npr tvr«nn Plui
      208 words
    • 245 14 SUNDAY FAMILY LUNCH LI X sji 4 < A* J* w .1 Bnng the family for a fabulous meal of fresh seafood and Chinese dishes from our a la carte menu. At a generous 25% off the bill. But only on Sundays between 11.30 am and 2.30pm. And for a
      245 words
    • 190 14 t (it Ftkmginwsim! A buffet to satisfy even the most ravenous Viking warriors! The smorgasbord spread tempts with Matjis herring, smoked salmon, liver pate, gravlax. Pitt I Panna and other exotic sounding delicacies Plus 20 desserts to follow! Over 60 Scandinavian delights to sample. Adult £31' Child$15* Akvavit and Carlsbeig
      190 words

  • Page 15 Advertisements
    • 557 15 and entertain 4 übertu* (Jftfll r t i So much to choose for only $21.50 A sumptuous spread with many different types o( appetisers, hot and cold soups, a salad selection...superb pastries, truffles, tortes cheese board, fresh fruit freshly brewed coffee All for $21.50 And for $27.50 you can add
      557 words

  • Page 16 Advertisements
    • 1360 16 DBS FINANCE DBS FINANCE LTD AND SUBSIDIARY COMPANIES Balance Sheet as at 31 December 1987 Share Capital Authorised 50,000.000 shares of Ssl each Issued and fully paid 36,000,000 shares of Ssl each Reserves Share premium account Reserve fund Unappropriated profits Total Capital and Reserves Interest of Minority Shareholders Deferred Taxation
      1,360 words

  • Page 17 Advertisements
    • 1244 17 DBS Finance Ltd Balance Sheet continued. 11 Mortgage Loan Debtors The Company Mortgage loan debtors Less Provision for possible loan losses The Group Mortgage loan debtors Less Provision for possible loan losses 12 Hire Purchase Debtors The Company Hire Purchase debtors Less Unearned hiring charges Less Provision for possible loan
      1,244 words

  • STOCK EXCHANGE OF SINGAPORE
    • 4390 18 THE STOCK MARKET staged a rally yesterday, closing at a post-Crash high on the back of firm overseas markets and Wall Street's rebounded overnight. The Dow Jones Industrial Average jumped 24.70 points to close at 2.061.07. On the local front, prices rose
      4,390 words
    • 263 18 SINGAPORF Rises Indices Mar Mar 9 0 1 s 1070 30 •T Ca**arih 1 607 M •20*9 S 1 A 1100 30 •TO»/OS •It 75 D Karon ot 490 30 at cadi -7005 -6917 Troranor 310 17 •T 10-day M -7013 -7005 PAN •30 15 •TO*V ******4
      263 words
    • 3253 18 BID and offer prices officially listed and business in and reported to the Stock Exchange at 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"
      3,253 words
    • 139 18 KUALA LUMPUR KEPONG 15th AGM at Wisma Taiko, 1 Jalan S P. Seemvasagam, ***** Ipoh, Perak. on Saturday. Mar 12, at 12.30pm. VAN DER HORST Limited: 14th AGM at 11 Pandan Crescent, Singapore 0512 on Mar 15 at 10am. AVIMO SINGAPORE LimH•d: 14th AGM at Leo Room, marina
      139 words
    • 271 18 Manoaer*' prices Japan Gr Fund I S3 1 SB j for March 10 Shanton Thrih Fund 081 0AI Singapore Unit Trust UOB Management Th* Co—rc* 0*3 0** Unitund 083 0A3 4 Th* Fund 079 OAS* Unibond 0** 1015 1 S'por* frog Fund S'por* Sac Fund 0.37 0A2 041
      271 words

  • COMPANY NEWS
    • 423 19  -  By ELAINE KOH COFFEE TRADER Teck Hock Co may face another test tomorrow, when it is scheduled to go to court once more to face a winding-up petition this time from an unsecured creditor. If Teck Hock s lawyers cannot convince the court
      423 words
    • 380 19  -  By AMY BALAN HAVING waited unsuccessfully for a higher bid for ACI International, the Oversea-Chinese Banking Corporation and its affiliates look set to part with their 8.5 per cent stake in Australia's 20th biggest company realising an estimated Asl4o million (Ss2os million) cash
      380 words
    • 422 19 MBT HUME INDUSTRIES (Malaysia), which earlier divested its investment in subsidiary Malaysian Pacific Industries (MPI), has reported a 26 per cent increase in group pretax profit to M 59.51 million for the six months ended Dec 31, 1987. Group turnover was up 15
      MBT  -  422 words
    • 577 19 MBT GULA PERAK, which is currently under receivership, is expected to achieve a pre-tax profit of M 5825,000 for the year ending March 31, 1988 and M 54.45 million in 1989 if its proposed reconstruction scheme is fully implemented. The gross earnings per share for 1988
      MBT  -  577 words
    • 145 19 MBT KESANG Corp Bhd's new joint venture in pharmaceuticals is expected to start trading in April with sales targetted at Msl6 million in the first year of operation. The new company has an initial paid-up capital of Msloo,ooo. Kesang s partner is Medic 2000 Sdn
      MBT  -  145 words
    • 89 19 Bernama ES INVESTMENT holding company Idris Hydraulic (M) Bhd, whose group pre-tax loss rose to M 517.66 million in 1986, expects a turnaround in 1987 with a pretax profit of M 53.3 million. Chairman Datuk Harun Idris said in his 1986 report that the company continued to
      Bernama ES  -  89 words
    • 620 19  -  S A Shee Co to pay $3.3 million By LISA LEE BUILDING contractor S A Shee Co (Re) Ltd has agreed to pay $3.3 million for a 19 per cent stake in Ambassador Holdings Ltd (AHL) a company in which another contractor
      620 words
  • Page 19 Advertisements
    • 83 19 OVERSEAS UNION BANK LIMITED a *-l -it U5530,000,000 CAPPED NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT DUE 1990 Holders of Certificates of Deposit of the above issue are hereby notified that for next interest period from March 10, 1988 to June 10. 1988 the following information is relevant I Applicable 7-3/16%
      83 words
    • 103 19 If You Need Proof, Here's The Evidence r 71 Mr /A ar S ft tflit B V. >.n\ :-V y/s 4/u s*° 4ttV ca 4 -aIC 1 "5s "tS*2,s<7 -C 7; ®trrT, They have been advertising in Berita Harian and Berita Minggu, Singapore's only Malay newspapers. And for good reasons.
      103 words

  • REGIONAL MARKETS
    • 315 20 AFP THE GUARANTOR and clearing agent of Hongkong's futures market said on Tuesday they have signed a formal agreement with Singapore businessman Robert Ng for repayment of HK$75O million in defaulted futures contracts. Their statement did not elaborate on the terms of
      AFP  -  315 words
    • 2727 20 SHARE prices yesterday rebounded on late buying interest to close firmer on the Kuala Lumpur stock market yesterday. Especially firm were blue chips which posted scattered double-digit gains. A broker said the better performance was probably encouraged by the strong overnight Wall
      2,727 words
    • 114 20 HONGKONG All Industrials WedMsday 2.175 7 Tuesday Z135.4 Week ogo 2.098.2 NEW YORK Dow Jones Tuesday *****7 Monday 2.05* 37 Week ago 2070 46 Hongkong Index Wednesdoy *****4 Tuesday 1,433.78 Wnk ago 1.*12.51 Hong Song Index Wednesdoy Z551 76 Tuesday 2.493.33 W Mk ago 2.4*213 TOKYO Nikkei Average
      114 words
    • 1464 20 Hongkong Reuter STRONG buying interest yesterday boosted share prices sharply and sent the Hang Seng index to its highest level since the October stock market crash. It jumped 58.43 points, the biggest one-day gain since Jan 18 when It climbed 82 points, to close at 2,561.78, near
      Reuter  -  1,464 words
    • 99 20 MAM 09 Kal ***** 400 Kangwon Ind Kla Motor ***** ***** 300 100 uncfi 300 400 ***** 500 Daalim Ind Daewoo Corp itaoo Koraa Long Tarm ...***** ***** 300 100 Daawoo Haavy OiKhln Sacurttlaa Dong Ah Pttar Dong Suh Stock Oongbu Swot ***** ***** ***** ***** 300 unch 200
      99 words
    • 491 20 Reuter SHARE prices yesterday closed higher in robust trade due to renewed aggressive buying of large capital shares after Tuesday's decline. Interest in apparently cheaper stocks limited long-term profittaking. "No one is in the mood to sell," a broker said. "The same thing is happening in New York." Wall
      Reuter  -  491 words
    • 423 20 Reuter THE AUSTRALIAN share market yeeterday closed sharply higher with strong demand for industrial stocks spilling into most sectors. Brokers said the demand meant moet stocks ended on their highs and sellers were scarce. By the cloee, the All Ordinaries had climbed 24.5 points to its highest close tor
      Reuter  -  423 words
    • 157 20 Reuter THE SECURITIES Exchange of Thailand Index rose 1.92 to 384.78 yesterday on a turnover of 14,009,947 shares worth 1038.93 million baht. MAM M I Ao Kham Thai IAHT 203 unch Ayudhya Invaatmant 460 26 Bangkok Agro-lnd 120 7 Bangkok Bank Bam 0» Ayudhya Charoong Thai Wlra 341 MB
      Reuter  -  157 words
    • 213 20 MAR M rr -0 02 2 5 2 6 1 1.5 0.6 -0.1 0 5 1.5 16 Koiin Kuochan Oav Laa Chang Yuan 37 50 46.60 45 30 1 1.4 13 Aala Camarrt 73 00 Uan Hwa Indua Nan Ya Piaa 49 50 62 00 unch 15 Chang Hwa
      213 words
    • 77 20 MAM M KM Ortental B 0.04 0.001 PM Owwm 0.037 0J01 Acot« Mining PNM* 0 38 unch Angle PM PteopB Ami Mining B 0 03 0.001 ADm Con B 23 0 5 PLOT 145 +3 Baguio QoM S«n Mlguol B 146 Basic PMroMum 0.016 uncti 3 ••front Bonguot Con
      77 words
  • Page 20 Advertisements
    • 313 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HONGKONG CREDIT ENTERPRISES PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of HONGKONG CREDIT ENTERPRISES PTE LTD duly convened and held at 10 Collyer Quay #21-01
      313 words
    • 243 20 THE COMPANIES ACT, CAP. 50 WEI LIAN ENTERPRISES PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 29 FEBRUARY 1988 At an Extraordinary General Meeting of the company held at 561-C Balestier Road. Singapore 1232 on 29 February 1988 the following Special Resolutions were passed:(a) That Wei Lian Enterprises Pte
      243 words
    • 286 20 THE COMPANIES ACT (CAP. 50) TRUCK AND PLANT SERVICES PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of TRUCK AND PLANT SERVICES PTE LTD duly convened and held at 585 North Bridge Road #11-07 Blanco Court Singapore 0718 on the 7th day of March
      286 words
    • 22 20 WW! CAUTION JNCNIHE AW$]?J KEADftWWNCr tflN/WCE, MKHON fm fffl R 2«ss£ BANKING FINANCE DAILY. BUSINESS TTMB. BT shows you how every Monday.
      22 words

  • WORLD MARKETS
    • 793 21 New York NYT STOCK PRICES rose broadly on Tuesday as the Dow Jones Industrial Average gained 24.70 points, to close at 2,061.07. Advances on the New York Stock Exchange outpaced declines, by 1,072 to 535, as volume rose to 237.7 million shares, from 153 million
      NYT  -  793 words
    • 919 21 London Reuter EQUITIES yesterday opened firmer on the back of Wall Street and Tokyo gains, with additional buoyancy provided by a clutch of encouraging UK company results. However, the appetite for stocks has been dulled by the government's attitude to sterling's recent strength, in the run-up to
      Reuter  -  919 words
    • 191 21 Reuter A SPOKESMAN for Shearson Lehman Hutton Holdings Inc said Stephen Waters, managing director and co-head of mergers and acquisitions at the firm, had resigned his position. "What he told us was that he wanted to pursue other business opportunities," the spokesman said on Tuesday. Shearson's
      Reuter  -  191 words
    • 1126 21 Amsterdam MAM M Ft* AM 40 30 0 5 Aeoon 71 70 1.4 Ahold 75 40 ♦0 5 Akzo 103 40 09 Alranta 140 00 0 4 AMEV Amro Bank Am Stad 52 00 68 00 123 30 3.8 0 8 06 12 M •0.1 BOCS 122 50 45 Borauml|
      1,126 words
    • 63 21 Reuter REEO International PLC said on Tuesday that its Consumer Publishing Group had agreed to buy the UK consumer magazine interests of Canadian group International Thomson Organisation Ltd for £28 million in cash. The magazines involved include "Family Circle". "Living Magazine" and the recently launched
      Reuter  -  63 words
    • 1075 21  -  After 12 years as chairman of the London Stock Exchange, Sir Nicholas Goodison will be stepping down to join the TSB group. ALAN LEE in London profiles the man and his achievements. ALAN LEE SIR NICHOLAS GOOOISON, who stepping down as chairman of
      1,075 words
    • 302 21 Reuter EXXON CORP, watched by Wall Street for signs of how it will use its huge coffers of cash, said on Tuesday it might spend more on oil and gas acquisitions in 1968 than the US$l.B billion it spent last year.
      Reuter  -  302 words
    • 447 21 Reuter CAMPEAU CORP. one of the two principal bidders for Federated Department Stores Inc. says it expects nearly half of ita US$5.4-billion bid to be funded with US$2.6 billion in bank financing. In a filing with the Securitiea and Exchange Commission. Campeau
      Reuter  -  447 words
    • 259 21 Reuter SHARES of French state-owned aircraft maker Avions Marcel Dassault-Breguet Aviation fell five francs to 628 on Tuesday in Paris, extending their recent slide after the failure to win an order for Mirage 2000 fighters from Switzerland, dealers said. Dassault had campaigned hard for
      Reuter  -  259 words

  • 508 22  -  Sub-committee set up to look into continuing education By CORRINA LIM INCREASING sophistication in the securities industry has prompted the Stock Exchange of Singapore to seek ways of injecting more professionalism into the local bourse. Broking sources said the SES recently set
    508 words
  • 126 22 AFP THE European Community (EC) is to scrap quantitative restrictions on the import of 121 items as part of the liberalisation of world trsde under the General Agreement on Tariffs and Trade (Gatt), an EC official said in Geneva on Tuesday. EC
    AFP  -  126 words
  • 365 22 US TRADE Representative Clayton Yeutter has chided Singapore for allowing the sale of copies of restricted US publications without their permission. Yesterday's Asian Wall Street Journal said Mr Yeutter's letter to Singapore, which contains "strong language", complained that Singapore had violated international copyright
    365 words
  • 344 22 UPI INDONESIAN President Suharto, ready for re-election to a fifth five-year term, fought yesterday against unprecedented opposition moves to elect a vicepresident not of his choosing. Mr Suhsrto, 66, the only csndidsts for the country's highest office, is virtuslly aasursd of a unanimous mandats
    UPI  -  344 words
  • 180 22 Reuter A POWERFUL Indonesian security agency that has been the main watchdog of President Suharto's government for the past 20 years will undergo major changes soon, its chief, General Benny Murdani, said in Jakarta yesterday. The Command for the Restoration of Security and Order
    Reuter  -  180 words
  • 684 22  -  By JOHN LIM and GENEVIEVE CUA THE TEAM MP proposal must provide for a minimum number of Group Representation Constituencies (GRCs), the Select Committee on the Team MP Bills heard yesterday. Lawyer Sat Pal Kattar said a minimum number of
    684 words
  • 224 22 Agencies MALAYSIAN opposition politician Karpal Singh, freed from detention yeeterday by the Ipoh High Court, was re-arrested by police hours later. A spokesman for the opposition Democratic Action Party (DAP) said Mr Singh, who is the party vice-chairman, had been arreeted again
    Agencies  -  224 words
  • 141 22 Reuter AUSTRALIA has agreed to lend China As2oo million in low-inter-est funds for trade-related projects, an Australian government minister said in Beijing yesterday. Industry Minister John Button said that terms for the three-year loan had not been finalised but the rate
    Reuter  -  141 words
  • 168 22 AP C ITOH and Co, a major Japanese trading company, has agreed to lend a Chinese development firm US$l billion for investment projects, a C Itoh official said in Beijing yeeterday. Tadashi Ysmamura, chief of C Itoh's Beijing office, said his firm will
    AP  -  168 words
  • 81 22 Reuter COM EX GOLD futures held modest gains on light volume yesterday morning, with the market benefiting mainly from dealer buying. The April delivery was up US$l.2O at U*****.80 an ounce versus Tuesday's high of U*****.50. Analysts said dealers appeared to be following through on the short-covering operation
    Reuter  -  81 words
  • 322 22 Reuter US DEMOCRAT and Republican presidential candidates who backed tougher US trade laws were rebuffed by voters on "Super Tuesday". Democrat Representative Richard Gephardt and Republican Senator Robert Dole, hoping to whip up animosity against foreign competitors, had both used the US trade bill
    Reuter  -  322 words
  • LATE FILE
    • 50 22 AFP SENIOR oil officials and experts from "several" nonOpec oil producers gathered in London yesterday for talks on ways of reversing the current price slide on the world oil market, Mexican Ambassador in London Jorge Eduardo Navarrette said. The meeting was described as "private" and "informal".
      AFP  -  50 words
    • 52 22 AP BRITAIN demanded that the Panamanian ambassador waive his diplomatic immunity yesterday and face police questioning about a raid he authorised on his country's consulate in London. The Foreign Office said it expected an answer by the end of the day and warned that expulsion "remains
      AP  -  52 words
    • 41 22 UPI THE Japanese government said yesterday it will not yield to US presaure to oppose Panama's military strongman General Manuel Antonio Noriega. "We will make a decision on our own," a Foreign Ministry official said. UPI
      UPI  -  41 words
    • 35 22 AFP PAKISTANI and Afghan negotiators resumed their efforts yeeterday in Geneva to nail down an accord on the conflict in Afghanistan, but the UN mediator said no results were likely before Monday.
      AFP  -  35 words
    • 52 22 UPI FIVE nations prepared to evacuate diplomatic families from Teheran yeeterday as Iraqi missiles pounded the city for a ninth day, and the Iran-Iraq war spilled back into the Persian Gulf for the first time in nearly a month when Iraqi warpianes blasted a tanker near
      UPI  -  52 words
    • 43 22 Reuter PHILIPPINE vice-president Salvador Laurel publicly identified himself yesterday with a group of opposition politicians and businessmen. He said through a spokesman that he had joined other former supporters of President Corazon Aquino who now oppoeed her administration. Reuter
      Reuter  -  43 words
    • 32 22 AFP A PROPOSED merger of South Korea's main opposition parties col I speed yesterday as defeated presidential candidate Kim Dae-Jung refused to resign from the opposition leadership. AFP
      AFP  -  32 words
    • 28 22 AP AN estimated 40,000 opposition supporters gathered in New Delhi yesterday to demand the ouster of Prime Minister Rajiv Gandhi and his government. AP
      AP  -  28 words
  • Page 22 Advertisements
    • 55 22 yJpeK J(tu}er 70 Anson Road distinctive *5 1 i /'/i 3 W, k Joint Sol* LMsing Agents Sansin Investment Pte. Ltd. 402 Orchard Rd #05-04 Detfi Orchard Singapore 0923 Te< 235 3324 Fax 732 8450 Jones Lang Wootton 65 Chulia St #39-03/08 OCBC Centre Singapore 0104 Tet 532 3888 Tetex
      55 words
    • 25 22 Th# silver report wm ivillable at pf— ttm« 75 The touch of the master designer. -r- &Jf^) qVakks cfiSwitzerhuuG mbM J tajm #01 i«Soa». ——i
      25 words

  • SHIPPING TIMES
    • 236 23  -  From KINGSLEY WOOD THE AUSTRALIAN Meat and Livestock Corporation will continue to control the shipment of meat to the major North America market and has agreed to a hefty increase in freight rates for the next two years. It has also
      236 words
    • 284 23 Bernama THE CHAIRMAN of the Malaysian Rubber Producers' Council (MRPC), Haji Mazlan Haji Jamaluddin, said the Malaysian Freight Booking Centre (MFBC) had found it difficult to gain acceptance among government ministries and agencies other than the Trade and Industry Ministry.
      Bernama  -  284 words
    • 530 23 Reuter AP WAR RISK insurance premiums for cargoes on ships sailing to and from many Mid-East Gulf ports have been reduced effective yesterday, the War Risk Rating Committee said. The reductions reflect the fact there has been no further escalation of the
      Reuter; AP  -  530 words
    • PORTSIDES
      • 40 23 SEGANI has been appointed agents for Rickmers Linie in Singapore with effect from March 1. The first vessel to be handled by Segani is the Rickmers Oingdao which will call at Singapore on March 15.
        40 words
      • 99 23 A TAIWANESE lawmaker Tsai Chung-Han has asked its government to allow home visits by several Soviet seamen who have stayed in Taiwan since the Navy detained their oil tanker more than three decades ago. About six Soviet seamen out of a crew of 42 remained
        99 words
      • 95 23 AFP A JAPANESE seaman aboard a South Korean tanker was killed on Wednesday when the tanker came under attack from Iranian forces in the Gulf, the Japanese Foreign Ministry said. The 4,999-ton ship, the Choeil No 17, was struck in the bow shortly after it
        AFP  -  95 words
    • 165 24 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): "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 Djakarta Lloyd Nedlloyd
      165 words
    • 126 24 Reuter UNOCAL Netherlands BVA, owner, of an oil pipeline from the Dutch North Sea to Amsterdam, said its pipeline will be closed for a further 8 to 12 days. It was closed after a Swedish container ship sank on it in gales on
      Reuter  -  126 words
    • 943 24 ULCC reactivation who benefits most from it? Progressive scrapping and limited reactivation has reduced the worldwide total of ULCCs to just 12 vessels of 5.13 million dwt by end-1987. This article from Lloyd's Shipping Economist examines the operating economics underlying the reactivation of a number of these vessels last year
      Lloyd's Shipping Economist  -  943 words
    • 773 24 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 J/2 ARC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
      773 words
    • 282 24 AFP CHINA has suspended talks with North Korea on using a North Korean port for transhipping cargo and has refused to boost its supply of oil to the country this year, news reports said. The Kyodo news agency, quoting a Chinese source
      AFP  -  282 words
    • 143 24 Reuter THE BANGLADESH Navy has seized four Indian trawlers and arrested their crew of 48 for trespassing territorial waters, the Bangladeshi Defence Ministry said. The vessels were impounded on Tuesday during a routine antismuggling and fishery protection patrol, the official BSS news agency quoted a
      Reuter  -  143 words
    • 381 25 UPI SHIPPING in the Panama Canal is operating normally despite political protests and a financial crisis. Lloyd's agents at Balboa, Panama, said. They quoted a Panama Canal Commission statement as saying 39 vessels were scheduled to transit the canal on Tuesday, above the
      UPI  -  381 words
    • 364 25 Reuter NORWAY'S Norsk Hydro A/S, operator on the North Sea Oseberg oil and gas field, said it was considering claiming damages from Bonn after a West German submarine crashed into a platform on the field. "We are considering with our partners
      Reuter  -  364 words
    • 201 25 ALL SURVEYS were conducted on Feb 16 Argentina Buenos Aires Normal operation; Bahia Blanca Waiting time ot up to two days. Bangladesh Mongla 10 vessels operating; Chittagong 25 vessels operating. Brazil Santos 40 vessels operating. Canada Vancouver (British Columbia) Waiting time of three weeks. China Qingdao, Huangpu and
      201 words
    • 328 25 Lloyd's List TOP GALLANT, the US-flag shipping line established last year, has dropped its US$34O million damages suit against Sea-Land. New Jersey-based Sea Land had been accused of obstructing Top Gallant's business and trying to drive the new line out of the North
      Lloyd's List  -  328 words
    • 8178 30 nmm Anne Meersk Meersk Line Merch 10 Villa da Mercure CM 0 Affretement Merch 11 Ming Universe Yang Ming March 12 Benavon Triof Merch i2tRH) Sha He Chine Oceen Merch 13 Ned Deift ScenOutcht Merch 14 I Ever Gueel Evergreen Me-cn 16
      8,178 words
    • 126 30 Ares/Port Viscosity Density Wstsr CST st 50C G/ML st 15C Volume 0/0 Africa/Red Sea Jeddah 154/174 0.955/0.958 0.1/1.1 Durban 162/189 0.990/0.993 0.0/0.1 Arabian Gulf Ras Tanura 183/222 0.959/0.972 0.0/0.1 Bahrain 176/192 0.976/0.976 0.1/0.1 Europe Rotterdam 33/466 0.941/1.005 0.0/1.4 Hamburg 30/247 0.941/0.985 0.0/0.4 Le Havre 25/341 0.923/0.989
      126 words
    • 1348 31 A MODERATE volume of voyage and time-charter business on the London shipping freights market on Tuesday demonstrated a persistently steady market with rates in most areas showing little change from prevailing firm levels In the US Gulf. Dreyfus fixed the Summit Venture to Constantza with a 30 000-ton
      1,348 words
    • 1480 31 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES A^fiCO *27 oiongside 10 03 0700 Duron King *20 alongside 1103 1500 EquOtOf V *22 alongside 10 03 0700 Go**gch«ng <31 alongside 12 03 0600 *23 alongside 1003 0300 Ko H#f»g *19 alongside *****600 Koto Mego* *30 olongside
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  • Page 23 Advertisements
    • 686 23 TIMES STP Distributors Rt Gtt OOCL ORIENT OVEIQEAS CokLimH LINE NORTH AMERICA ATLANTIC EXPRESS (ROUND THE WORLD ROUTING* WW/ JARDINE SHIPPING AGENCIES (R«« No 242K4/ OOK) 200 Cantonment Road #12-05 South point, Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Trt *****18 220 BOOKINGS Tel *****34 23S PESAKA JARDINE
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    • 76 23 rasa INCREASED oil prices and a slump in freight rates during 1982 were sufficient to send much of the ULCC fleet (vessels of 300,000 dwt and over) into lay-up in the months that followed. Page II SHIPPING in the Panama Canal is operating normally despite political protests and a financial
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    • 625 23 *0° \r l>+i,Sfurl fx, TIME? STP Distributors TffTf+s Pui&aiung Croup MAERSK LINE NEW DIRECT SERVICE TO OAKLAND TRANSIT TIME REDUCED RY 5 DAYS SIN/OAK 17 DAYS LPK/OAK 23 DAYS PEN/OAK 22 DAYS (Wef: Louis Maersk 8804 etd sin 30/3/88) Thtt ween M Rotterdam Closing Time CV 16/3 2300 MRS CFS
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  • Page 24 Advertisements
    • 568 24 u Hapag-Lloyd CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMERHAVEN R DAM/ ANTWERP LE HAVRE SOUTHAMPTON I KAOS PORE HONGKONG HSIUNG OSAKA BAY KITANO MARU CITY OF EDINBURGH LARGS BAY KAMAKURA MARU HONGKONG EXPRESS CALLING 'KOBE 21/3, TOKYO 24/3 #KoB£ 31/3. TOKYO 28,3 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE MALTA CASABLANCA
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    • 17 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
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    • 445 24 CHARGEURS REUNIS DIRECT CONTAINER SERVICE TO WEST INDIES FEEDER VSI A VSI A' VSI SING FNQUIPtFS *****44 FA* SOS' MOTHER VSI CO MARSEILLE CR LIBREVILLE ETA MARSEILLE *03 U/W SET! POIN m itm um am POINTE A PfTRE rORT-OE FRANCE DECRAD DES-CANNE 12* I*o4 am otm Optorg Shipping Pte. Ltd
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  • Page 25 Advertisements
    • 1042 25 The Straits Steamship Group i r Mansfield Container Shipping Re Ltd P&O Containers COMAINERSHIP SERVICE TO UK/CONfifCNTM Also Accepting Cargo For: Han*ur| to Copenhagen Aarhut GothenOurj Malmo Stockholm Helsinki Sontf«rbur| Hotttfijm to Antwerp Anwterdam Olio Basle Zurich Breaonhaven to Bremen Southampton to all UK doitinotiom Beilatt and Dublin CcONTAINERSHIP SERVICE
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    • 402 25 EUROPE LOAO DISCHARGE *CCEPTIWC CARGO TO FROM MAM HE OTHER UK PORTS 0« REQUEST USA/PANAMA ■•J LOAO DISCHARGE ACCEPTMC CARGO TO FRO* SFO LAX. CHL MIA SAV TAM NYC ANO ML A«0 NFK OTHER WTS ON REQUEST TO USA/CANADA WEEKLY FULL CONTAINER SERVICE FJEDER NUPTSE V 123 P GRANT VBO
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  • Page 26 Advertisements
    • 408 26 MSI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading lor IRAN SHOJAAT In Port BANDAR ABBAS (2nd call) IRAN EHSAN 21/3 BANDAR ABBAS KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for 20/3 JAYA. LAE. HRA. LTK. MALAU MICRONESIA SERVICE SPORE PK LOAD FOR 10/3
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    • 492 26 J&.&LINE FULLY CONTAINER!# ED 8 EWVICE S pore NEPTUNE CRYSTAL 44W 13 3 CHINA CONTAINER 44W 20 3 HONGKONG CONTAINER 54W 27 3 KOREAN JACEJIN 43W QUEEN S WAY BRIDGE 2W 7 4 SEVEN SEAS BRIDGE 65W 10 4 FROM [JROPE VIA SUEZ n Membef ot ,he ce CONVENTIONAL SERVICE
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    • 343 26 FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTAGONG: SAILING 16/3 24/3 EURO-AFRICA LINE FOR: PORTO, LISBON. ORAN. BILBAO MADRID. MALAGA. MELILLA, TANGER. TENERIFE, LASPALMAS, TUNIS. VALLETTA. IRUN. CEUTA. ALGIER ft ISTANBUL U.S.A. ALSO ACCEPTING TO CHICAGO. BOSTON. JAV, PHIL. SAV, MIAMI ft ALL INLAND DESTNS PAPUA NEW
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    • 1120 26 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ■Li EVER GENTLE w W W H S a 1M wmSSSO" z a a: t: a: i: EVER GROWTH MM 11* I*4 22 EVERCRANO 2*4 #4 V' J J "WCKCT uS 3S ag >$ 5? ALSO ACCEPTING CARGO TO MUMGTM. ,OSTO JACKSONVILLE.
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  • Page 27 Advertisements
    • 949 27 PACIFIC INTERNATIONAL LINES »V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE VESSEL SEA HAWK SEA DRAGON SEA HAWK SEA DRAGON VESSEL INTEGRA SEA FORTUNE INTEGRA SEA FORTUNE BANGKOK CONTAINER SERVICE BELAWAN/STRAITS CONTAINER SERVICE VESSEL JENLMK PIVA BHUM
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    • 501 27 trm BEN LINE CONTAINERS Largs Bit 11 3 Honj»onj Eiprrss 4 4 Tokyo Bat 114 Rhine Mart, 17 4 Tokio [iprns 2)4 Mwittu'i Eiprm ni Kowioon Bay 45 Benayon 115 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN JEBSEN NEW ZEALAND
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    • 611 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDEKA IMDOBESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE 1 VSL/VOY GANOA BHAKTI ?OWB S PANJANG 18WB KUTAM4WB S PORE 15-17/3 23-25/3 16-194 BILBAO ANTWERP RDAMADAM 18/4 25/4 21/5 H BURG I BREMEN 21/4
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    • 441 27 BOUSTEAD SHIPPING AGENCIES AVA VWW PAGAN VI2SW PA-AN VL22W HTONEYWA V233W SACAINC PAGAN VI26W BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok Feb; 10 Mar 11/13 Mar 15/11 Mar 16/15 Mar 14/15 Mar 20/23 Mar 31 Mar/2 Apr 29. BANK LINE EXPRESS SEMI-CONTAINER
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  • Page 28 Advertisements
    • 1317 28 LinE SHIPPinG-DftTfl fITLAmiC COAST (Round-The-World Service) ORIENTAL FRIENDSHIP V 7 AMBASSADOR BRIDGE Vl6 ORIENTAL FORTUNE V 8 •PK/PNG 12 Mar 19 Mar 26 Mar PACIFIC SOUTH-WEST FEEDER VSL •PK/PNG SP MOTHER VSL NYC HFX 23 Apr 27 Apr 30 Apr 4 May 7 May 11 May LA/LB OAK CHICAGO NEW
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    • 775 28 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore Vsl THEOOOR FONTANE V UN 20 Mar SO TRIPURA V MM 1 Apr RAVIOAS V MH (Apr INDIAN COURIER V «N 12 Apr SO ANDHRA PRADESH V37H11 Apr INDIAN COURIER V lON 10 Apr P ««U"g Penan) Br By l ttcr HM
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    • 678 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23, Tslok *jr»r Strwt SINGAPORE 0104 TEL 5343*8 (10 LINES) Ft. S34JSO4 STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Color"do Karachi DJM GOLDEN WONDER Colombo K»r«cl*i Out* CHINA SERVICE A VESSEL Shanghai Hsmkang MINFU Huingpj Shanghai S'pce P Keiang Penang 11/12 Mar 2576 Mar 14/15
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    • 500 28 •ar P r>HIU Oni€NT UN€5 PT€ LTD HEAD OFFICE 63 ROIINSON ROAD *07 1? ArRO ASIA BUILDING SINGAPORE 0106 TELEX RS ?S7?O PHILI FA* *****76 EAST/FAR EAST FCL LCI SERVICE Hi M KONG KOBE KfELUNC. MANILA BANGKOK. TOKYO. COLOMBO KARACHI BOMBAY EAST AFRICA MEDITERRANEAN SERVICE UKfUROPE SERVICE TBN JEURO USA
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  • Page 29 Advertisements
    • 781 29 NEPTUNE ORIENT LINES LTD A member of th« ACE Consortium —■—--r N CRYSTAL 44W* (11 3) 13 3 "T ,T C CONTAINER 44W (ll 3) a ,j 74 2 4 rsT 5 (K3) 273 144 >'< im OW HRIBCf ?W (U) 3 4 21 4 224 23/4 t&mouEL L S4)
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    • 454 29 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON MOJI container to be transhipped at Buun Korea CALLINC INCHON DIRECTLY ON 11/04 SPOHI AUNIS Nl I'lllNl At.l NI lIS I'll I II) Irl .'/Hill/1 .'.'.'/'.III (Opri ilmni .7.V4*/ .'.W.'HI (Irimin il) .'.lt/I*! (I I S)
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    • 929 29 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 Tele* Numbers RS ***** RS ***** RS ***** rtNANG KELANC pyffgjyß SL2\r STJVS iL'SStJSSr ."ST. T« I»1 *****! Tl. m, FtSLOS B.i fT jJ K
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    • 14 29 a &jh o MAOJU SENOIRIAN BERHAD 20-12 Tong Eng Building. Singapore 0106 Tel *****87
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  • Page 30 Advertisements
    • 365 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Tl 2?b6866 30 i'A* 22 t 2*39 22«89*f lit* RS ***** i B SSCVi MS ***** A 6 SSLAC I VE.B OEUTFRACHT'SEEREEO€REI POSTOO liiM^MiaiVailTVNnTlorTTaS!!^ RUEBEI AND 3 88 i 4 "VIA COIOMBO Accepting cargo for INDIA Bombay. Cochin. Mad'as Calcutta "VIA LARNACA Accepting cargo tor
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  • Page 30 Miscellaneous
    • 172 30 m Regional Weather *A m M M y A C V. m 38 ft II 5i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunder«ocm T,mp«,otur» .<• A Y Showe' W«rlhr W#*d direction with speed e> knots Rom W Clou**, SmrfOCO »"*4i or* indicated by orrowt wHtcfc
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  • Page 31 Advertisements
    • 832 31 A <CFS> CRYSTAL FREIGHT SERVICES PTE ITD Tel: *****88 Tlx: ***** Fai: *****88 (AND INLAND DESTNS)IS/3, 22/3 COLOMBO 21/3, 27/3 ALSO ACCEPTING TO KEE/KAO 13/3. 20/3 BUSAN 17/3. 24/3 TYO/YOK 13/3. 21/3 BANGKOK 13/3, 16/3 SAMTA GROUP SAMTA SHIPPING LINE STRAITS/INDIA SRI LANKA SERVICE SPORE HOCK ANN 27/28 March PHOP
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    • 144 31 UNIPACIFIC TRANS TRADING AGECY PTE. LTD. nc IRAQI LINE I *01 ST»Tf (NT| RPRISf »0« MHITIMf TM«SPO«T MV SINDfiAO MV ALFARABI EAST BOUND SERVICE ETA S PORE LOADING FOR 15/3 Japan WEST BOUND SERVICE ETA S PORE LOADINC FOR 15/3 Jeddah Aqatu BagtidiO 10 4 Jeddih Aqaba Baghdad THROUGH B/ls
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  • Page 32 Advertisements
    • 390 32 Hai Sun Hup Co (Pte) Ltd L_l TEL *****06 (20 Lines) TLX RS ***** RS ***** I \SI I RN CAR I INI R. I II). MOJI CALLING: I M.V 'SEKI KOCHI' V-63 SPORE P.KELANG MOJI 26/3/88 29/3/88 9/4/88 CAR CARRIER SERVICE TO MUARA/KUCHING KK Loading at appropriated Berth P4-P5
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    • 540 32 CGMi FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES For: vsl Spore LeH»wt Conn«ctiftg vsl Halifax, Montreal N delft V 52 u/3 31/3 NUERNBERG atl Toronto, New Yoi nihon 62 21/3 7/4 atl cartier Baltimore. n DEJIWA 12>/3 14/4 Stuttgart txp Portsmouth, Norfolk,
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    • 281 32 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK •wv MMW-JUM SMPfING (S) PTE Lit Tel: *****88 (8 Lines) Tlx: RS ***** SHIPPING TIL *****55 (3 lINCS) PTE LTD TLXi ,s ***** C L,W FAX *****14 TIMBER/BREAKBULK SERVICE RANGOON S PORE BKK HKC KEE QINCOAO I SILVER HAWK Sailed Sailed 12/3
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    • 748 32 SSKh CALL US AT? P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE J K. LUMPUR *****53/*****11 04-*****2/4, *****3 •07-*****8 •07-*****3, *****5. *****0, *****1 •02-*****22 *****88 [WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FttDtß PENANC PKELANC| MTHR VSL B BUTANC 10M i;Q3 H j 8 C 7 ITo It 03 NINON
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