The Business Times, 11 March 1988

Microfilm: NL16110
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, MARCH 11, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    273 1 Reuter Dow Jones higher WALL STREET stocks were firm in early trading yesterday with blue chips slightly higher. The Dow Jones 30 index was up a fraction at 2,075 and a few more issues showed gains than losses. Brokers said investors were awaiting the producer price and
    Reuter  -  273 words
  • Article
    Cold Storage joins forces with Chinese firm in $4m mineral water venture
    438 1  -  By LISA LEE COLD STORAGE Singapore (1983) Pte Ltd has gained its first foothold in the Chinese market with the set-up of a Ss4 million joint venture to manufacture and market natural mineral water. A growing demand for
    438 words
  • Article, Illustration
    Most Asian markets surge
    156 1 IN SPITE OF a mixed closing on Wall Street overnight, major Asian markets yesterday finishsd higher, extending Wednesdsy's gains. But the Tokyo market ended mixed on profit-taking. The Singapore market continued its upward climb, with shsre prices gaining ground in selective trading. Activity was concentrated on
    156 words
  • Article, Illustration
    Seagate invests another $100m in S'pore Seagate invests another $100m in S'pore
    561 1  -  Growth in workforce expected to be modest By CHUANG PECK MING SEAGATE TECHNOLOGY, the world's largest disk-drive manufacturer. is investing another $100 million in Singapore. This will bring its total commitment here by end June to about $300
    561 words
  • Article
    Sterling lower, dollar steady
    106 1 POUND STERLING opened below its overnight highs in slow trading in the European currency markets yesterday. It was undermined by profit-taking and rumours of sell orders from the Bank of England. It opened at 3.078 West German marks, down from the overnight peak of almost 3.09
    106 words
  • Article, Illustration
    Lock icon Suharto wins fifth term, contest for vice-presidency being resolved
    384 1 Agencies PRESIDENT SUHARTO was unanimously re-elected yesterday to a fifth five-year term by the People's Consultative Assembly as behind-the-scenes bargaining continued over the two-way contest for the vice-presidency. The 66-year-old retired general. who rose to power after crushing a 1965 communist-back-ed
    Agencies  -  384 words
  • Article
    Electronics makers see record year ahead
    569 1  -  By BOEY KIT YIN ELECTRONICS manufacturers expect a record year ahead in spite of bracing themselves for a slowdown later in the year and much slower growth in 1969. The industry's total output grew a hefty 31.5 per cent to nearly $16 billion last
    569 words
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      Page 1 Advertisements Column 1
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      162 words
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      Page 1 Advertisements Column 2
      372 1 Cold Storage gooa on tho prowl, Pago 15 Chinese typesetting THE DAYS of tedious manual Chinese typesetting are almost over thanks to the ingenuity of a local computer company. Get the details in TECHNOLOGY, Page 9. [=!^!~`+/(_%|,%\;$@\&");&(!>*~` Wanted: Aussie hotels THE RECENT PURCHASE of the Southern Pacific Hotel Corporation chain
      372 words
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      7 1 Laadar, Pag* 10 Indonesian strategy, Back Paga
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      126 words
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  • HOME NEWS
    • Article
      Asea Brown Boveri to distribute from S'pore
      381 2  -  Republic to become regional export centre By ANNA TEO SINGAPORE is to be the Asian product distribution centre of Asea Brown Boveri (ABB), currently the world s largest electroengineering group following a merger in January. As the regional distribution centre, ABB's Singapore subsidiary,
      381 words
    • Article
      Acquisition of land to re-develop Woodbridge
      149 2 THE GOVERNMENT is to acquire a total of 14,705.5 square metres of land in Punggol as part of its move to re-develop and expand Woodbridge Hospital. According to a government gazette released yesterday, the move made under Section 5 of the Land Acquisition Act
      149 words
    • Article, Illustration
      SRC finalising plans to boost oil storage capacity
      342 2  -  By LOH HUI YIN NOT TO BE left out in the flurry of upgrading work that other oil companies are doing to their refineries, the Singapore Refining Company (SRC) is about to embark on an expansion project. BT understands that it is
      342 words
    • Article
      NUS teams up with medical company to produce diagnostics
      374 2 THE NATIONAL University of Singapore is teaming up with a newly-formed medical company to go into the commercial production of diagnostics. Scitech Medical Products, formed last October with its headquarters in Singapore, will develop, manufacture and distribute worldwide four products researched
      374 words
    • Article, Illustration
      Japanese realty buyers eyeing Adis Villas
      409 2  -  By BOEY KIT YIN JAPANESE real estate bargain hunters are not only eyeing major buildings in Singapore but smaller projects as well. One of the smaller blocks they are looking at is Adis Villas, a building of 24 residential apartments in the Orchard Road
      409 words
    • Article
      Filipino official calls for fine-tuning of system regulating foreign maids
      349 2 THE BAN on Filipino maids coming to Singapore could be lifted if the system for regulating foreign maids was improved, a visiting Philippine government official said yesterday. Speaking on the eve of his departure for Manila, Mr Tomas Achacoso, administrator
      349 words
    • Article
      Air talks over the next two months with France, NZ and Japan
      391 2  -  By LIM SOON NEO SINGAPORE air officials will meet their counterparts from France, New Zealand and Japan over the next two months for talks to liberalise the bilateral air services agreements. From April 6 to 8, Mr Lim
      391 words
    • Article
      Fukuoka — SIA's third destination in Japan
      235 2 Fukuoka SIA's third destination in Japan FUKUOKA, on Japan's southernmost island of Kyushu, will be Singapore Airlines' third destination in Japan when it commences twice-weekly services on March 28. SIA will be the first airline to have regular direct flights between Singapore and Kyushu Island. Fukuoka, with a population of
      235 words
    • Article
      Power supply
      63 2 POWER SUPPLY to part of Singapore was interrupted at 11.25 am yesterday. The areas affected included sections of Serangoon Road. Thomson Road, Middle Road, Balestier Road. Selegie Road. Newton Road. Rochor Road, Kallang Road, Bukit Timah Road, Whitley Road and Jalan Besar. Power was progressively restored from 12pm.
      63 words
    • Article
      Corrections and clarifications
      63 2 A 3T report yesterday, headlined "Provide for a minimum number of GRCs, Select Committee urged", stated that two Berita Harian (BH) journalists were members of a group of Malay individuals making their presentation to the Select Committee. We were wrong. One of the two journalists was from
      63 words
    • Article
      Transhipment point for CF AirFreight
      113 2 SINGAPORE is to be the main Asian transhipment point for CF AirFreight, one of the leading carriers in the heavy air freight shipment industry, according to its president Mr Donsld G Berger yesterday. "With the incorporation of our Singapore subsidiary, we are taking an initial
      113 words
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      50 2 t J A /I c ßiehaid (jayderman Live at Neptune Theatre Restaurant Showtime: 9pm March 14 15,1988 Tickets $125/$ll5 (Dinner: 730 pm 8.45 pm) $95/$55 (Plus Ist drink) Tickets are available at Mandarin Singapore Neptune Theatre Restaurant. Produced by: Artswilliam Re. Ltd. Sponsors:Eagle Piano Co. Re. Ltd. UU Q&wnr UiWlrW«io*t(n*rr*o
      50 words
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      20 2 us mm n. V $9+ 3 Octoch Tea $18.00 BBQ Dinner v.* $7.50+ Teochew Porritfe A Buffet Supper *5 ifuararnt/
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  • ASIA – PACIFIC
    • Article
      Lock icon Manila's growth hinges on higher investments
      398 3 Reuter THE PHILIPPINE 1907 economic rally is expected to continue this year, but investment activity must speed up to cope with rapidly shrinking excess capacity, the state-owned Philippine National Bank (PNB) said in Manila on Wednesday. "There are now very real threats to the
      Reuter  -  398 words
    • Article
      Lock icon Zobel announces formation off new movement
      205 3 Bernama A NEW MOVEMENT in the Philippines that brings together key political and business figures aims to work for a federal form of government to decentralise state authority and embark on an economic programme to give fresh impetus to private enterprise, it was announced
      Bernama  -  205 words
    • Article
      Lock icon Chinese agricultural sector hit by insufficient investment
      337 3 AFP CHINESE PEASANTS need legislation to guarantee sufficient investment in the agricultural sector, the New China News Agency (NCNA) said in Beijing on Wednesday, noting a steady fall in such investment since 1961. The slowdown in agricultural investment had seriously affected production, notably
      AFP  -  337 words
    • Article
      Lock icon US resumes high-tech sales to China
      134 3 AP THE US government announced in Washington on Wednesday that it was lifting sanctions on sales of new high technology to China, satisfied that Beijing was not selling Silkworm anti-ship missiles to Iran. Secretary of State George Shultz informed Chinese Foreign Minister Wu Xueqian
      AP  -  134 words
    • Article
      Lock icon Pakistan to rely less on foreign loans
      278 3 Reuter PAKISTAN envisages reducing its dependence on foreign loans in a U5536.7 billion five-year development plan to be launched in July. Planning and Development Minister Mahbubul Haq, releasing the draft of the Seventh Five-Year Plan (1968-93) in Islamabad on Wednesday, said it also
      Reuter  -  278 words
    • Article
      Lock icon Hearings on PLO office case on April 11
      243 3 AP THE WORLD COURT on Wednesday set April 11 as the hearing date on whether the US can refuse binding arbitration on the issue of closing the Palestine Liberation Organisation s New York office. The 15-member panel also gave participants until March
      AP  -  243 words
    • Article, Illustration
      Lock icon Reformists, conservatives debate Syria's problems
      266 3 Reuter REFORMISTS and old guard conservatives in Syria, faced with massive defence spending in its hard-line confrontation with Israel. are locked in fierce debate over how to deal with pressing economic problems. Diplomatic sources in Damascus said on Wednesday that Syria, which celebrated 25 years
      Reuter  -  266 words
    • Article, Illustration
      Lock icon Japan selling more to EC owing to weak US$
      510 3 Reuter THE EUROPEAN COMMUNITY said in Brussels on Wednesday that a tough approach towards Japan on trade was opening some ot its markets but a weak dollar was encouraging Japanese companies to export more to the Community. Presenting a report by
      Reuter  -  510 words
    • Article
      Lock icon Call for closer ties between Tokyo, NICs
      270 3 UPI A JAPANESE economic analyst has proposed a "horizontal division of labour" among Japan and newly industrialising countries (NICs) in Asia to ensure mutual prosperity. Takeshi Saito, director and general manager of Fuji Bank's research division, made the proposal in Tokyo in analysing
      UPI  -  270 words
    • Article
      Lock icon 'Aussie economy on brink of crisis'
      254 3 Reuter THE AUSTRALIAN ECONOMY will teeter on the brink of economic crisis in 1989 with a balance of payments crisis looming, private economic forecaster Syntec Economic Services said in Melbourne on Wednesday. Australia has become dependent on a depreciating currency and been cushioned by
      Reuter  -  254 words
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      209 3 Wheel *v~TS* Printer offers with optional 3 hOSt Of Keyboard KB-150 1 features not available on other printers at any price. Equipped with Dual Interface (C.P. RS--232C), it connects to practically any type of computer to give you impressive letter quality text in two colours black and red. An exclusive
      209 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      110 3 \£ML Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rom* San Fris'co San Juan Santiago Sao Pouio Seoul Stockholm Sydney Taipei Tel Aviv Tokyo Toronto Vancouver Vienna Warsaw Washington Doonesbury ThteOUTSiPe*SHOVeVUPN£XT AT THE LOCAL STOP'N'SHOP. lP it&i, R3? A CROWD QUICKLY FORMED MA'AM. DO YOU 3
      110 words
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  • REST OF THE WORLD
    • Article
      Lock icon Slowdown in world economy forecast
      446 4 Experts project 2.6 pc growth for next year UPI ECONOMIC FORECASTERS from 40 nations said on Wednesday the world economy faces a major slowdown next year, with the United States leading the way. The 90 experts held two days of meetings at the United Nations
      UPI  -  446 words
    • Article
      Lock icon Industrialised nations more optimistic
      367 4 AFP ECONOMIC TRENDS look better than at the turn of the year, especially in the United States and Japan, senior finance officials of 10 leading industrialised nations agreed as they began two-day talKs behind closed doors in Paris on Wednesday. Participants at a meeting of the
      AFP  -  367 words
    • Article
      Lock icon West German engineering sector expects lower profits
      330 4 Reuter THE WEST GERMAN engineering industry expects profits to drop this year due to higher costs and tougher competition, said Frank Paetzold, president of the engineering industry association VDMA. He told a news conference on Wednesday that the continuing increase in labour costs,
      Reuter  -  330 words
    • Article, Illustration
      Lock icon EC ministers to discuss tax proposals in coming months
      341 4 FT THE EUROPEAN COMMISSION'S controversial proposals to harmonise indirect taxes will figure prominently in ministerial negotiations in the coming months, Chancellor Helmut Kohl of West Germany said on Wednesday. Speaking to the European Parliament in Strasbourg as president of the EC
      FT  -  341 words
    • Article
      Lock icon France's current account balance falls back into the red
      362 4 Reuter FRANCE slipped back into the red last year after achieving its first current account balance of payments for seven years in 1986. The French government announced on Wednesday that the country's current account, measuring trade in goods and services and
      Reuter  -  362 words
    • Article
      Lock icon US bankers hone anti-recession plans
      432 4 Reuter ALTHOUGH many US bankers see little chance of a 1988 recession, few predict a robust year, and most are steeling themselves for a recession anyway. First Interstate Bancorp chairman Joseph Pinola's view is typical. "I don't see a recession," he said in New York
      Reuter  -  432 words
    • Article
      Lock icon Mixed reaction to Super Tuesday predicted
      310 4 Reuter AMERICAN ECONOMISTS say the results of the "Super Tuesday" presidential primaries and caucuses may have a neutral to positive effect on US markets Thoee who feel the aftermath will be neutral cited the lack of a clearcut winner among the Democrats and the
      Reuter  -  310 words
    • Article
      Lock icon US products improving in quality: Fortune
      159 4 Reuter FROM HAMBURGERS to fighter jets. the quality of US products it improving. Fortune magazine said in an article published on Wedneeday Rangipg alphabetically from aluminium foil to waahing machines, the magazine publiahed a liat of American producta whose quality it aaid was getting
      Reuter  -  159 words
    • Article
      Lock icon Spain's GDP increased by 5.2pc last year
      152 4 Reuter SPAIN'S gross domestic product grew by 5.2 per cent last year, compared with 3.3 per cent in the previous year, according to provisional figures released by Spain's national statistics office. INE. INE's figures, which showed the fastest economic growth last year since
      Reuter  -  152 words
    • Article
      Lock icon Caracas set for more austerity measures
      252 4 Reuter LOWER OIL PRICES and the burden of foreign debt payments will force Venezuela to impose more austerity measures this year, including higher taxes and less public spending. President Jaime Lusinchi said on Wednesday. In his annual speech to Congress, Mr Lusinchi also called
      Reuter  -  252 words
    • Article
      Lock icon East German would-be emigrants give Berlin a major headache
      438 4 AFP THE CONSTANT PUSH by East Germans to emigrate to the West, despite media emphasis on the unemployment problems they might face, poses the communist country with its thorniest problem, diplomats in Berlin say. East German authorities clamped down on would-be
      AFP  -  438 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      986 4 ARRIVALS 1 1 Sorvlca Local Front numbor Hnw THAI TG481 0025 IKK FT FT71 0115 JFK/IOS/ORO/ ANC/NRT/MNL/ TP€ SU SQ11 0U5 LAX/NRT UA UA805 0120 SFO/HKG JAL JL61S 0305 TYO THAI TG8010 0300 TYO MAS MH601 0730 KUL SIA SQ911 0800 LHR/DXI MAS MH681 0820 KUL SIA
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  • Page 5 Advertisements
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      311 5 The Nissan Pulsar on its way to Class Victory in the 1987 Hong Kong Beijing Rally. OUR RALLY-PROVEN DURABILITY MAKES FOR SUPERIOR DRIVEABILITY Nissan competition models are proven winners in rallies and races around the world. But winning aside, there is another, more important reason why we take such an
      311 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Forex markets
      1588 6 Reuter Reuter SINGAPORE: The dollar ended slightly higher yesterday while sterling was lower after moving in a narrow range in thin and slow trading, dealers said. They said the dollar's slight gain was due to speculative buying in the morning on market talk that Japan's February trade surplus
      Reuter  -  1,588 words
    • Article
      Lock icon Asian $ market
      222 6 Asian market Reuter ASIAN DOLLAR deposit rates yesterday closed steady at opening levels after a day of quiet trading. Most operators were sidelined due to a general lack of interest. Short-dates were steady to slightly lower initially but thereafter were unchanged. Reuter us$ OfffB WD 7 doyt 6 3/4 6
      Reuter  -  222 words
    • Article, Illustration
      World Interest rates
      185 6 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on March 10 us$ DM SWFC Y«o 7 days 6 3/4 5/8 8 5/t6 3/16 3 5/16 3/16 1 1/2 1/4 3 13/16 11/16 1 mfh 6 13/16 11/16
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    • Article
      Untitled
      56 6 THE OVERNIGHT rate on the Singapore interbank market fell 2 points to end at 1 per cent yesterday. Term rates fell 1/8 point. S$ Interbank rates at 12 noon yester day: Of Ft* BID Overnight 1 -monfh 3 6 3/4 2 5/16 3 1/16 2 5/16 3-monHi 3 6 2
      56 words
    • Article
      Government securities market
      86 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO Of PER HIGH LOW 3 months BQ*****Z 9.6.88 2.95 2.90 2.90 2.90 6 months BY*****S 30.6.88 2.97 2.92 2.92 2.92 1 yeor BY*****T 24.11.88 3.04 2.99 3.02 3.01 Government notes and bonds Period Issue Maturity Coupon Yesterday's
      86 words
    • Article
      Simex
      495 6 JUNE Eurodollar futu'cs opened unchanged in Simex yaatarday from ma p<-o-vioua cloemg lava* at 92 85 givan tha currant dull trading environment Short-covering from the recent tell-off created by the US unemployment data continued to lift pricee in the June contract from 92 85 to 92 98 However, trading
      495 words
    • Article
      Lock icon IMM
      250 6 Reuter IMM foreign currency futures ended the day mixed on Wednesday after a session of lackluster trade. The British pound held onto opening gains. Other contracts closed unchanged to lower, but hovered at or near their best levels of the session in late dealings. Traders said cross rate trading
      Reuter  -  250 words
    • Article
      Options
      1586 6 CURRENCY FUTURES OPTIONS Thursday, Mardi 10, 1988 DEUTSCHE MARK (SIMEX) Apr M calls Apr U pub 54 55 56 CAS CAS 1 57 51 59 60 61 62 63 64 65 66 67 68 248 165 96 50 24 10 4 2 CA8 CA* CAB 9 9 3 9
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  • BANKING AND FINANCE
    • Article
      Lock icon Pound's rise does not harm G-7 pact: Baker
      398 7 Reuter STERLING'S rally this week does not jeopardise the agreement the United States has struck with its main trading partners to keep exchange rates stable, says US Treasury Secretary James Baker. Mr Baker told the Joint Economic Committee of Congress in Washington
      Reuter  -  398 words
    • Article, Illustration
      Lock icon Panama's banks allowed to open but withdrawals barred
      393 7 Reuter PANAMA'S Banking Commission said on Wednesday that banks would be allowed to reopen but customers would not be permitted to withdraw money from their accounts. At least two bankers said they would not open their doors for fear customers would demand
      Reuter  -  393 words
    • Article
      Lock icon Egypt's foreign debt talks deadlocked
      647 7 Reuter DEBT RESCHEDULING talks between Egypt and key Western creditors are deadlocked, raising fears President Hosni Mubarak's government is heading for another foreign exchange crisis, Western diplomats and bankers in Cairo say. Failure to agree to stretch out loan repayments will jeopardise a key part
      Reuter  -  647 words
    • Article
      Lock icon Japanese banks plan move into bond underwriting
      503 7 Reuter JAPANESE BANKS, banned from underwriting bonds offered publicly, hope to make inroads into profitable underwriting business via Samurai and Daimyo bonds (yen bonds issued by non-residents), according to banking sources. Banks have recently increased their presence in the secondary Samurai and Daimyo
      Reuter  -  503 words
    • Article
      Lock icon HK cartel endorses deposit charges despite dispute
      478 7 Bank association will seek court ruling AFP THE HONGKONG Association of Banks said yesterday that banks could immediately start imposing punitive charges on large Hongkong dollar depoaits despite continued controversy over the plan's legality. The Law Society of Hongkong said on Monday that
      AFP  -  478 words
    • Article
      Lock icon Creditor banks adopt neutral stand towards Panamanian conflict
      394 7 NYT BANKS AROUND the world that have tent money to Panama are trying to avoid taking side* in tha political battia over wt>o represents tha government. A group of Panama'a bank creditors mat in Naw York on Tuaaday and choaa a strategy
      NYT  -  394 words
    • Article
      Lock icon Mexican debt plan a success: US official
      271 7 Reuter THE INNOVATIVE Mexican debt exchange initiative, which fell far short of expectation*, was pronounced a success yesterday by a top official of the US Federal Reeerve Board. The net reault of the exchange will be to reduce Mexico's US$lO6-billion foreign debt by
      Reuter  -  271 words
    • Article
      Lock icon First Chicago to lend Brazil US$28m
      141 7 Reuter FIRST CHICAGO Corp haa agreed to loan Brazil US$2B.l million, ita contribution to a US$4.5 billion interim financing agreement between Brazil and creditor banka made last year. In its annual report, First Chicago aaid it haa US$39O million in non-performing loana. It ia
      Reuter  -  141 words
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      56 7 4jr 4 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or long-term lease,
      56 words
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      Page 7 Advertisements Column 2
      137 7 DCIUpHIN OFFICE SEATING V. ENGINEERED LIKE NO OTHER CHAIR Superb in every detail. Technically and visually, probably the best in the world. And lasting value for your money. There's a Dauphin chair for everyone in the modern office. Different chairs for people who are waiting, typing, sitting at a computer,
      137 words
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  • COMMODITIES
    • Article
      Lock icon Palm Oil
      418 8 Bernama ES Crude palm oil futures closed lower yesterday in moderately active trading on the KLCE. Dealers said the market was traded in a very narrow range throughout the day in the absence of fresh factors. Spot month march eased Mss to MsB9B per tonne, April fell Msl4
      Bernama ES  -  418 words
    • Article
      Produce Prices
      246 8 Chinese Produce Coffee Exchange ATI FOB NSW 470.00 Scllin' noon doling pficot on March 10 (SS/100 kg) AF2 FOB NSW EK1 FOB NSW Robutfa 20/25% 405.00 415.00 Coconut oil FOB NSW 365.00 Bulk FO« Otd drum FOB Now drum FOB 108.00 118.00 122.00 Nutmeg 110 FOB NSW BWP
      246 words
    • Article
      London Markets
      315 8 London Sal«t (2344 Commodity Exchange Raw No 6 OF No 6 FOB 219.0 (224.8) 186.0 (191.8) Whit* No 5 232.0 (235.5) Buy*r/S»lt*r doting prtc*s on Mardt 9 (£/tooo« unl«u tpodflod). Oils (USS/tomo) Provlout doting prkat In Palm oil M'tian crud* parcnftoth. OF UK/Roft«rdam Coffee unq (unq) M'lian/Sumatran crud*
      315 words
    • Article
      Lock icon Wheat
      216 8 Reuter WHEAT FUTURES eased late on the Chicago Board of Trade on renewed selling on Wednesday by C and D Commodities to close on or near the lows, down 5 to 2 US cents per bushel to keep the chart picture bearish. May settled at US$3.O4 after posting a
      Reuter  -  216 words
    • Article
      Lock icon Soybean
      188 8 Reuter SOYBEAN FUTURES on the Chicago Board of Trada dropped sharply on Wednesday on commission house stop-loss selling when futures penetrated Tuesday's lows, closing on or near the lows with losses of 10% to 12 cents per bushel in improved trade. C and 0 Commodities, an aggressive seller in
      Reuter  -  188 words
    • Article
      Lock icon US still keen to take part in Inra II
      526 8 Oana-Bernama THE UNITED STATES is still keen on participating in the second International Natural Rubber Agreement (Inra II) although Inra funding is not available at this point. "Although the Office of Management and Budget (OMB) did not include funding for the
      Oana-Bernama  -  526 words
    • Article
      Lock icon KL Tin
      157 8 Reuter THE tin price on the Kuala Lumpur Tin Marfcet (KLTM) recovered 4 canla yeaterday from Wedneeday's close to M117.M despite the continued fall In prlcee on the European spot tin mart at Turnover fall to 38 tonnes from 47 tonnes on Wednesday and 10 par cant rationing
      Reuter  -  157 words
    • Article
      Lock icon Rubber
      260 8 Reuter SINGAPORE The rubber market yesterday closed quietly steadier with April 1 RSS buyers quoted at 220.00 centa/kilo, up 0.50 cent from Wednesday's close, dealers said. After a steady opening, prices fluctuated within narrow ranges to end the morning session slightly higher on some trade buying interest. But trading
      Reuter  -  260 words
    • Article
      RAS and MRELB
      232 8 RAS prices In S cmMv, FOB In b«»« NOON CLOSE luyor* 8uyon Sollort bit 1 RSS Prompt 221.00 222.00N 221.50 222.50N bit 1 RSS Apr 88 219.50 220.00N 220.00 220.50 Int 1 RSS May 88 221.00 221 JO 222.00 222-50 bit 2 RSS OP 217.00 219.00N 217J0
      232 words
    • Article
      SSR and SMR
      82 8 (om/kg) APRIL 1988 MAY 1988 (currant month) (forward month) RAS NOON NOON kr«n SaMan 5 >ti>n SS* 20 218.00 220.00N 218.00 220.00N SS« 90 216-30 21 8.SON 216.50 218 JON MRELB ky«n 5 < H«n br«n S#H#n SMI CV 297.50 299JON 298.50 300JON SMt L 297.50 299JON
      82 words
    • Article
      Lock icon Algeria on oil pricing talks
      65 8 AFP ALGERIA yesterday ruled out the holding of an emergency meeting of Opec but said a meeting of the cartel's pricing committee was under consideration. The official Algerian news agency APS did not say what Algeria's position on the possibility of the pricing committee meeting
      AFP  -  65 words
    • Article
      Lock icon Traders have doubts about cocoa contract
      200 8 Reuter SOUTH-EAST ASIAN traders have questioned the viability of a planned Malaysian cocoa futures contract, but a senior official responsible for launching it has urged that trading start soon in spite of the depressed world market. "I feel we should try to launch the
      Reuter  -  200 words
    • Article
      Lock icon Opec considering cutting output to defend prices
      577 8 NYT THE ORGANISATION of Petroleum Exporting Countries is studying a plan to reduce its oil output by about 5 per cent, equivalent to 850,000 barrels a day for all its members with the exception of Iraq, several Opec officials said in Paris on
      NYT  -  577 words
    • Article
      Lock icon Tin prices expected to rise further this year
      334 8 Reuter TIN PRICES should continue to rise during 1988, but the days when producers could virtually set prices are over, a Malaysian mining company official said in Kuala Lumpur. "The days of Ms3o a kilo are over, we are sure about that,"
      Reuter  -  334 words
    • Article
      Lock icon Cadmium hits record prices of more than US$9 a pound
      178 8 Reuter CADMIUM PRICES jumped again on Wednesday as buyers scrambled to snap up a metal that, because of a boom in rechargeable nickel-cadmium batteries, suddenly seems to have become scarce. Cadmium, a toxic metal also used in pigments and metal
      Reuter  -  178 words
    • Article
      Lock icon Sarawak Shell to start work on new contract area next month
      262 8 Bernama SARAWAK SHELL BHD (SSB), which signed the production sharing contract for SK-5, offshore Sarawak, on Wednesday, will start on the three-dimensional seismic survey next month. This was announced by Dr Mark Moody-Stuart, chairman and chief executive of the
      Bernama  -  262 words
    • Article
      Lock icon Precious Metals
      263 8 Reuter HONGKONG: Gold closed steady yesterday in fairly quiet trading with no fresh factors. Dealers said gold seemed to find considerable technical support at the US$435 00 per ounce level QokJ ended at 436 00/50 against New York's 436 25/75 does and the 436 30/80 finish here on
      Reuter  -  263 words
    • Article
      Oil and Products
      96 8 Quiet and listless. Traders were waiting for clarification of Abu Dhabi discounts, which turned out to be not as drastic as expected. Closing prices for crude (FOB origin) Top* (Mar) Minat (Mor) Dubai (April) Wm T«U» USS/borral 16.25 16.90 1 2.65 Chang* widi -0.20 -0.30 wn lApriir
      96 words
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  • TECHNOLOGY
    • Article, Illustration
      It is really only the start
      485 9  -  L *r JEFFREY TSANG OVER THE LAST four months, PC Corner has brought up different aspects of computer hardware, those physical parts of the PC. Subjects ranged from the chip, the heart or brain of the computer, to all the various peripherals like printers,
      485 words
    • Article
      Lock icon UK producers move to end shortages
      193 9 NYT SEMICONDUCTOR manufacturers in the UK are aiming to bring a powerful new range of memory chips into production this year, in a move that should help to solve critical supply shortages developing in the industry. These shortages are now beginning to make an
      NYT  -  193 words
    • Article
      Lock icon Digital launching high-end computer to rival IBM's
      382 9 Reuter DIGITAL EQUIPMENT CORP will announce a long-awaited high-end computer next week that will compete directly with some of International Business Machines Corp's mainframe computers, industry analysts say. The Digital computer, which the company code-named Polar Star, is expected to be able to
      Reuter  -  382 words
    • Article
      Lock icon IBM unveils new system for mainframes
      470 9 NYT SEEKING to out-manoeuvre several Japanese competitors, the world's biggest computer manufacturer, IBM, has introduced a new operating system for its largest computers. It said the system would be provided without charge to current owners of its most advanced mainframes. The new product, which
      NYT  -  470 words
    • TECH-TAKES
      • Article
        Singapore to play host to Plant Biotech 88
        140 9 PLANT BIOTECHNOLOGY might seem like a relatively unimportant part of this new science. But considering that all the economies in this region save Singapore's are largely agricultural or forestry based, advances in plant science have far-reaching impact. In this »!gni, the Science
        140 words
      • Article
        Expert systems seminar for the layman
        164 9 EXPERT SYSTEMS are the most promising branch of artificial intelligence research to date. And Infotech Research Consultancy is holding a seminar to explain the ins and outs of such systems and their promises. These systems, where computers are equipped with the knowledge of a
        164 words
      • Article
        Ngee Ann opens second CAD/CAM centre
        92 9 NGEE ANN POLYTECHNIC yesterday opened its second CAD/CAM centre by signing a pact with the supplier of the equipment for the centre, IBM. Principal Chen Hung and IBM managing director John Wong signed the Ngee Ann Polytechnic Educational Cooperation in Technology during the opening
        92 words
    • Article, Illustration
      Here comes Chinese typesetting on a PC
      762 9  -  By JEFFREY TSANG THE DAYS of manual Chinese typesetting, where the typesetter has to pore over several glass plates (each with thousands of neatly etched Chinese characters on them) hooked up to what looks like a gigantic microfiche reader, are nearly over. And
      762 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      75 9 4tu: Yw I *r<+^S» They have been advertising in Berita Harian and Berita Minggu, Singapore's only Malay newspapers. And for good reasons. Together, the two newspapers reach 79% of 290,000 Malays above fifteen years of age In fact, 134,000 Malays do not read any other newspaper. The Malay community is
      75 words
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  • PERSPECTIVE
    • Article
      New strengths in Indonesia
      475 10 BY ACCLAMATION Indonesia's People's Consultative Assembly yesterday gave President Suharto a fifth term in office. Although the past five years have been relatively difficult on the economic front, all five political groups in the 1,000-member assembly supported President Suharto's re-election. Most would have realised that the
      475 words
    • Article, Illustration
      The inn thing Down Under
      2296 10  -  Hongkong-based Adriaan Zecha recently bought the Southern Pacific Hotel Corporation in a landmark deal worth ASS4O million. The deal has underscored the attraction that the Australian hotel industry holds for foreign investors an appeal which had long been apparent to such names as Ho Whye
      2,296 words
    • Article
      People who helped make it happen
      392 10 IT WAS THE FORESIGHT of Asian investors, particularly those from Singapore, which helped spur the Australian hotel industry to reach international standards. Many in the industry in Australia have credited the arrival of the Regent in Sydney as setting a new standard in the
      392 words
    • Article
      Lock icon Making workfare work in the UK
      993 11  -  Disagreement over whether job scheme can do any good The idea of the US concept of labour for the unemployed has been turned down many times in the UK as not being suitable for Britons on the dole. But a British minister has been
      FT  -  993 words
    • Article
      Lock icon American Exim Bank standing at crossroads
      775 11 Reuter AS EXPORT ORDERS for American goods strengthen, the US Export-Import Bank is concerned that the country's main trading partners might boost their efforts to offset a sharp reduction in the dollar's value, officials in Washington say. The dollar's fall from a high point
      Reuter  -  775 words
    • Article, Illustration
      Lock icon Tokyo government fails to sell sales tax idea yet again
      622 11  -  By EUGENE MOOSA Reuter JAPAN'S ruling Literal Democratic Party faala a desperate need to introduce a sales tax If 4 is to avoid national insolvency and political disaster in the future. But its efforts over the paat 10 years to
      Reuter  -  622 words
    • Article, Illustration
      Lock icon No relief in sight to overcrowding
      1000 11 In Bangkok, slums are here to stay, says secre-tary-general of the Population and Community Development Association of Thailand. IHT AFTER DRIVING a rented taxi for moet of the night and morning, Banlueng Paluauk lies sprawled on the floor, exhausted. A fan stirs the fetid
      IHT  -  1,000 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      180 10 SUCCESSFUL EXECUTIVES Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism. Put
      180 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      710 10 CRYPTIC PUZZLE ACROSS 4 Hate being tested, perhaps (6) 7 Summon so as to read a list? (4. 4) 8 A disagreeable thing to do (6) 10 Weaknesses in fatheaded rules (5) 13 Icy letter to a girl (4) 14 But you can't eat it by the slice! (4) 15
      710 words
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1341 11 w3 WE) IMDQiD B 12 7.30 PM Opening and Programme IMghllghls followed by Gorman Soooor Borussia Dortmund v Bayem Munich. L3O Tost Pilot The Right Stuff (Last episode). 9410 No Plow Like Homo. 1-30 The Nature World Aspen A Dane* Of Leaves. IUO Coming Attractions. IUS Applause Songs Of Ireland.
      1,341 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Mats Wilander takes a beating
      291 12 Reuter UNSEEDED American Jay Berger pulled off the biggest upset of the U*****,000 Orlando Classic on Wednesday when he blitzed world number two Mats Wilander of Sweden 6-0 7-5 in their second round match. Wilander, the Australian Open champion and the top seed in Orlando,
      Reuter  -  291 words
    • Article
      Lock icon Sabatina breezes past Turnbull
      216 12 AP FOURTH-SEEDED Gabriels Sabatini of Argentina breezed past Wendy Turnbull of Australia 6-1, 6-1 on Wednesdsy in the second round of the US$3OO,OOO Virginis Slims Women's Tennis Tournament. Other winners included sev-enth-seeded Sandra Cecchini of Italy and 11th-seeded Mary Joe Fernandez of Miami. Cecchini, ranked 16th
      AP  -  216 words
    • Article
      Lock icon Injury puts Lendl out of action
      207 12 AP IVAN LENDL, the world s topranked tennis player, announced on Wednesday that he has withdrawn from the US$2.l-million Lipton International Players Championships because of a stress fracture in his right foot. Lendl, who expects to be out of action for four to six
      AP  -  207 words
    • Article, Illustration
      Lock icon Golfers tee off on new US$1.2sm desert course
      280 13 AFP FOUR seasoned pros, playing against the unlikely backdrop of the Arabian desert, teed off on Wednesday on a spanking new US$l.25 million grass course in the tiny Gulf emirate of Dubai. The course was formally opened by Pakistani President Mohammed Zia
      AFP  -  280 words
    • Article
      Lock icon Golfers pleased with PGA tour changes
      259 13 AP PROFESSIONAL golfers, traditionalists by nature, often resist change on the Profeaaional Golfers Association tour. But a recent adjustment in the format of tour events from threesomes to twosomes in the final two rounds has brought nothing but praise from the game's touring pros.
      AP  -  259 words
    • Article, Illustration
      Ali stays on course in quite a hurry
      706 13  -  By WALTON MORAIS HE DIDN'T even know how to get to Tanah Merah Country Club. And once he got there, had to play the Garden course blind. But there was nothing tentative about Ali Ratim's golf yesterday, on the first day of
      706 words
    • Article
      Lock icon Drug test results could force a title rematch
      270 13 AP PUERTO RICO's Boxing Commission sent results of a drug test to Venezuela on Wednesday, a test which could force a title rematch between Bernardo Pinango of Venezuela and Julio Gervacio of the Dominican Republic. Pinango stripped Gervacio of his World Boxing
      AP  -  270 words
    • Article
      Lock icon America's Cup defenders mull over NZ offer
      288 13 UPI THE DEFENDERS of the America's Cup huddled in San Diego in various closed meetings on Wednesday to mull over a surprising offer from New Zealand that could delay the next cup regatta until 1989 and open the two-boat race to additional syndicates.
      UPI  -  288 words
    • Article, Illustration
      Lock icon National Basketball roundup
      332 13 AP JEROME KERSEY scored 33 points and Clyde Drexler had 31 on Tuesday night as the Portland Trail Blazers extended their winning streak to six games by holding off the Dallas Mavericks 112-110. Dallas had a chance to send the game into overtime but Rolando Blackman missed
      AP  -  332 words
    • Article, Illustration
      Take a splash — it's good for health
      573 13  - Take a splash it's good for health with Mike Cashmore SINGAPORE is fortunate to have available a lot of water areas for sporting and leisure activities. Below is a brief outline of some of the fitness benefits you can achieve in your favourite water sports Sports performed on top of
      573 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      892 12 COURVOISIERXO-Where to eat, drink... DELICIOZO HYAn Mama Mia! Pete's Place introduces nnore exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A
      892 words
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      Page 12 Advertisements Column 2
      197 12 <s or Viking invasion! 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
      197 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      427 13 and entertain 4 There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice And much more. At Cafe in the Park Ample
      427 words
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  • STOCK EXCHANGES OF SINGAPORE
    • Article, Illustration
      Blue chips gain attention as rally continues
      4266 14 THE Singapore stock market continued its rally yesterday, in tandem with regional markets. Brokers said that sentiment was bullish, especially in the afternoon session, when activity picked up. Trading in the morning waa reported to be relatively quiet. Activity waa once again concentrated
      4,266 words
    • Article
      Chief price changes
      267 14 G f Ufa t I N out Not Iran Swwfcp 1 C 1 1 C S Spar* La Waomm Y M S S 1 A K C HIP, oldrt Tot Lm Rises 1490 MO 3M 449 •ang 4M 340 755 nd 545 3*0 2*4 1110 P 135
      267 words
    • Article
      Business done on the SES
      3624 14 BID and offer price* 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".
      3,624 words
    • Article
      COMPANY MEETINGS
      83 14 KUALA LUMPUR KEPONG Berhad: 15th AGM at Wisma Taiko, 1 Jaian S.P. Seenivasagam, ***** Ipoh, Perak, tomorrow, March 12, at 12.30pm. VAN DER HORST Limited: 14th AGM at 11 Pandan Crescent, Singapore 0512 on Tuesday, March 15 at 10am AVIMO SINGAPORE Limited: 14th AGM at Leo Room, marina
      83 words
    • Article
      Unit trusts
      277 14 Managers' prices for March 11 Singapore Unit Trust Th* Cow marc* 094 100 Th* Savings Fund 080 1 386* S'por* Prog Fund 038 042 S port S*c Fund 063 060 S'por* lnv*st Fund 067 072 S'por* Equity Fund 045 049 Asia Unit Trust Mol lnv*st Fund 127 1
      277 words
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  • COMPANY NEWS
    • Article
      DBS Finance reaping benefits of wider margins and economic upturn
      528 15  -  By AMY BALAN PACE-SETTER DBS Finance, hotly tipped to be the next company in the DBS stable to be floated off, is so flush with cash that it had to place out some $278 million with its parent. And DBS
      528 words
    • Article, Illustration
      Cold Storage goes on the prowl
      1022 15  -  By LORETTA McLAUGHLAN COLD STORAGE Holdings, Singapore's premier food-retailing and trading group, has a problem which many other companies would love to face. For too long, it has produced a balance sheet which is too strong for its profit and loss account. In other
      1,022 words
    • Article
      Lock icon Timuran chalks up record pre-tax earnings
      655 15 MBT MARKETING-BASED Timuran Holdings has achieved record pre-tax profit of M 511.14 million, with turnover doubling to M 5199.82 million for the year ended Dec 31, 1987. Timuran managing director Geoffrey Taylor said this was the highest profit recorded by the company and he
      MBT  -  655 words
    • Article
      Lock icon Merchant bank agrees with Gula Perak board
      123 15 MBT D C NOMURA Merchant Bankers concurs with Gula Perak's independent board that the company's scheme of financial reconstruction is in the best interest of the company and its shareholders. It therefore recommends minority shareholders to vote in favour of the resolution to
      MBT  -  123 words
    • COMPANY BRIEFS
      • Article
        Hume appoints new directors
        51 15 HUME INDUSTRIES (M) Bhd has announced the resignation of directors Mr Benned Hansen (on Nov 20 last year) and Mr Lee Jee Ba (on Jan 1). In their place, the company appointed Mr Jens Munter (on Jan 12) and Dr Steve Yoong Kin Pin (on Jan
        51 words
      • Article
        New UIS director
        18 15 UNITED International Securities has appointed Mr Wee Ee Cheong as a director on March 7.
        18 words
      • Article
        Kumpulan Emas's purchase
        67 15 KUMPULAN EMAS Bhd said the consideration for the purchase of Complete Computer Systems Sdn Bhd by its stable-mate KE Systems Sdn Bhd amounted to Msl million. The consideration for the divestment of wholly-owned subsidiary Lapan Bersaudara Sdn Bhd was decided on a willing seller, willing buyer basis.
        67 words
    • Article, Illustration
      C Y Tung group to sell Phoenix for about $22m
      648 15  -  Sale by open tender to be launched next week By LEE HAN SHIH THE Hongkong-based CY Tung group, one of the world s biggest shipowners, is putting its last major property in Singapore on the market with a price tag
      648 words
    • Article
      Lock icon Chemical Company of Malaysia turns in M$35.6m profit
      450 15 MBT CHEMICAL Company of Malaysia (CCM) has reported a group pre-tax profit of M 535.6 million for the 15 months ended Dec 31, 1987, on a turnover of M 5521.3 million. Group trading profit came to M 537.8 million while interest expenses
      MBT  -  450 words
    • Article
      Lock icon Innovest takes 80pc stake in L&A Holdings
      142 15 MBT INNOVEST, through whollyowned subsidiary Hart Holdings Re, has agreed to subscribe for an 80 per cent stake or 80,000 new shares at $25.15 each in L and A Holdings. This works out to a total price of $2.01 million. L and A,
      MBT  -  142 words
    • Article
      Lock icon After-tax earnings at BP Malaysia up 10pc
      270 15 MBT BP MALAYSIA posted a 10 per cent increase in after-tax profits to M 56.6 million in 1987. In a press statement released yesterday, BP Malaysia's chairman David Payne noted that the group recorded a 7 per cent increase in pre-tax profit to
      MBT  -  270 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      60 15 This exercise has been successfully completed and this announcement appears as a matter of record only. KAMPONG LANJUT TIN DREDGING BERHAD (Incorporated in the Federated Malay States) SHARE-SPLIT of ordinary shares of $1.50 each into ordinary shares of $1.00 each BONUS ISSUE of 3,000.000 new ordinary shares of $1.00 each
      60 words
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  • REGIONAL MARKETS
    • Article
      Singapore blue chips in the limelight
      2787 16 SINGAPORE blue chips shone in otherwise mixed trading on the Kuala Lumpur stock market yesterday. Apart from the scattered double-digit gains posted by selected Singapore blue chips, price changes elsewhere were narrow. Brokers said dabblers were still cautious and were only making selective purchases.
      2,787 words
    • Article
      Stocks close higher
      1443 16 Hongkong SHARE PRICES closed sharply higher yesterday on aggressive buying by foreign investors but were off the day's highs as late profit taking emerged. The Hang Seng Index rose 39.58 points to 2,591.34 after breaching the key psychological point of 2,600 briefly in the early afternoon. The
      1,443 words
    • Article
      Lock icon Asia Securities applies to delist Wah Kwong Properties
      90 16 Reuter ASIA SECURITIES International Ltd said it has applied to the Hongkong Stock Exchange for the cancellation of the listing of Wah Kwong Properties Ltd effective from March 29 Asia Securities said Tingreia Co Ltd. its whollyowned subsidiary, will apply compulsory purchase
      Reuter  -  90 words
    • Article
      Lock icon Tokyo
      508 16 Reuter SHARE PRICES on the Tokyo market closed mixed yesterday in active trading of large capitalisation issues in the absence of new positive factors after earlier gains The Nikkei Index gained 12.43 points, or 0.05 points, to 25,617.82 after a morning high of 25,686.26. It rose 139.66 points on
      Reuter  -  508 words
    • Article
      Lock icon Sydney
      405 16 Reuter OVERSEAS BUYING boosted the Australian share market to a sharply higher cloee tor the second consecutive day yesterday, surprising many analysts. Brokers said buying spread to most sectors, with leading industrials in particular demand. "The market s performance is intriguing because I thought it would run out of
      Reuter  -  405 words
    • Article
      Lock icon Bangkok
      117 16 Reuter THE SECURITIES Exchange of Thailand Index rose 2.77 to 387.55 yeeterday on a turnover of 16,455.566 shares worth 1.475.54 million baht. WW U*rri F bf» In ■tic 400 In# C**mw>c 263 unch Jalaprathan Camant 523 uncft Mabooinnro^s Metal Box 17f 1 Poll PublllMng Saha Union 296 430 unch
      Reuter  -  117 words
    • Article
      Taipei
      291 16 MAR IP All Slncara Indus Aaia Camant Cathay Cona Chang Hwa Bank Chang Loong Chla Main Camant Chin Haln Flour China Cham China Oav China El act Wlra China Quit Piaa China Rabar China Staal NT 299 71.80 81 SO ***** 88 00 87 00 20 90 34 20
      291 words
    • Article
      Manila
      102 16 MAR 10 P«SO« *t- Acoi« Mining Anglo Phil 0 011 -0 014 1 Ap«« Mining B 0 031 ♦0 001 AtluCon I 22 50 -0 5 Baguio Gold Basic Patro»aum 0 016 unch B«ngu«t Con B 80 unch I First Phil HkJga 0 40 -0 0 Lapanto B 0
      102 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      372 16 WT1 MOTONjeUCNTHERm wmui mxmJMr S, WNCE, wtumi. '5 L> I 4 fc M %[|?];[~@':,_\\>&!=]=.\][?$<$[_ INTERNATIONAL TRANSPORT CONTRACTORS EASTERN PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING (Pursuant to Section 308(1)) NOTICE IS HEREBY GIVEN in pursuance to Section 308(1) of the Companies Act. Cap 50. that a
      372 words
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      Page 16 Advertisements Column 2
      346 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF YU BOON PRIVATE LIMITED (In Members' Voluntary Windlng-Up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 101-A Upper Croes Street, #11-16 People's Park Centre Singapore 0105 on Friday, the 4th
      346 words
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      Page 16 Advertisements Column 3
      320 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF CENTRE LAND SHIPPING (PTE) LTD (Incorporated In Singapore) (In Members' Voluntary Liquidation) At an extraordinary general meeting of members of CENTRE LAND SHIPPING (PTE) LTD duly convened and held at 151 Chin Swee Road. #02-12 Manhattan
      320 words
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      Page 16 Advertisements Column 4
      382 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF NORTHGATE COMPUTER SERVICES (FAR EAST) PTE LTD (In Mtmbri' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Saction 308 of the Companies Act. Cap 50 that a Final Meeting of the Members
      382 words
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      Page 16 Advertisements Column 5
      285 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF DARU SUPPLIES (S) PTE LTD (In Voluntary Liquidation) Members' Voluntary WlndingUP At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 139 Cecil Street #03-02 Cecil House. Singapore 0106
      285 words
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      Page 16 Advertisements Column 6
      224 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 NANYO INVESTMENT PTE. LTD. (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN In pursuance of Section 308(1) of the Companies Act Cap. 185. that a final general meeting of the abovenamed company will be held at the office of Lee Yeok
      224 words
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  • WORLD MARKETS
    • Article
      Lock icon Blue chips succumb to selling
      1014 17 New York Reuter THE NEW YORK stock market closed mixed on Wednesday with blue chips succumbing to moderate profit-taking after Tuesday's 24.70 point rise to a post-Crash high. But the broader averages rallied, illustrating the continued search for undervalued assets, traders said. The Dow Jones
      Reuter  -  1,014 words
    • Article
      Lock icon Equities rally after early slide
      920 17 London Reuter SHARE PRICES on the London market recovered after falling at the official opening yesterday as worries concerning sterling s recent rise continued to outweigh optimism over next Tuesday's budget statement, dealers said. The pound was trading nervously in the morning above the 3.08
      Reuter  -  920 words
    • Article
      Untitled
      969 17 Selected indices HONGKONG Hongkong Index Thursday 1,695 26 Wednesday 1.670 84 Week OQO 1.***** Hang Seng Index Thursday 2.***** Wednesday 2.***** Week ogo 2.472 38 All Industrials Thursday Wednesday Week ogo NEW YORK Dow Jones Wednesday Tuesdoy Week ogo 2.2039 2.1757 2.1158 2.***** 2.081 07 2.063 49 TOKYO Nikkei Average
      969 words
    • Article
      Lock icon EC closes investigation of BA-BCA merger
      146 17 NYT THE EUROPEAN Commission announced on Wednesday that it was closing its investigation of the merger of British Airways and British Caledonian Airways after British Airways had made major new undertakings aimed at safeguarding airline competition. The commission said that British Airways had made
      NYT  -  146 words
    • Article
      Lock icon Group to buy Colt Inc
      106 17 Reuter COLT INDUSTRIES Inc has reached a definitive agreement to be acquired by an investor group led by Morgan Stanley Group Inc affiliate Morgan Stanley Leveraged Equity Fund II and Colt senior management for US$l7 per share. The company said under the agreement, the group
      Reuter  -  106 words
    • Article
      Lock icon Need for worldwide settlement system
      369 17 Many obstacles ahead, says London symposium Reuter GLOBAL SECURITIES TRADING using new technologies has highlighted a critical need for a uniform worldwide settlement and clearance system. But a single, supra-national clearing body was unlikely in the near-term owing to cultural, institutional and legal obstacles, said
      Reuter  -  369 words
    • Article, Illustration
      Lock icon Outgoing chairman of Britain's securities board defends new system
      378 17 FT SIR KENNETH BERRILL, the outgoing chairman of the UK Securities and Investments Board (SIB), claimed on Wednesday that the complexity of the new system for regulating investment markets was an inevitable consequence of the structure of the Financial Services Act.
      FT  -  378 words
    • Article
      Lock icon Pirelli challenges Ohio takeover law
      472 17 NYT SEEKING to eliminate any legal obstacles to its bid to acquire the Firestone Tyre and Rubber Co, Pirelli SPA, the large Italian tyre manufacturer, on Tuesday sought a temporary restraining order declaring an Ohio takeover law unconstitutional. But the motion was denied by the
      NYT  -  472 words
    • Article
      Lock icon Campeau's bid hinges on hearing
      410 17 NYT A FEDERAL court hearing in Manhattan next week may either end the Campeau Corps seven-week-old campaign to acquire Federated Department Stores Inc or give new impetus to the effort, which is competing with an offer by R H Macy Co. At issue is Federated's
      NYT  -  410 words
    • Article
      Lock icon Old-boy network still strong in W Germany
      303 17 Reuter US-STYLE corporate takeovers are becoming more common in much of Europe but not in West Germany where a cosy old-boy network' and a barricade of legal traps shield companies from the hostile bidders. Share analysts say that several West German firms look,
      Reuter  -  303 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      320 17 TAT LEE BANK LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATES The undermentioned (hare certificate* have been reported lost by the beneficial holder Certificate No. In the Name of No. of Share* BO 108SG7/96 United Overteai Bank 2x1.000 Nominees Pte Ltd *****338 Tan Tang Hian 1.000 *****884 Ang
      320 words
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  • Article, Illustration
    MRT extension to Woodlands under study
    460 18  -  By LIM SOON NEO THE MASS Rapid Transit Corporation, which is half-way through the construction of the MRT system, is looking at the feasibility of extending it further north to Woodlands. "We started doing the study a couple of months back and will submit
    460 words
  • Article
    Chauvinism is still strong, says PM Lee
    690 18  -  Trouble ahead if nothing is done By GENEVIEVE CUA CHAUVINISM was still strong in Singapore despite the mixing of races in the new towns, said Prime Minister Lee Kuan Yew yesterday. Addressing lawyer C C Tan at the Select Committee public hearing on
    690 words
  • Article
    BG Lee's reply to Yeutter
    203 18 THE AMENDMENT to the Newspaper and Printing Presses Act (NPPA) allowing gazetted publications to be photocopied for sale or distribution in Singapore is not inconsistent with the Copyright Act. This was, in essence, the Trade and Industry Minister Brig-adier-General Lee Hsien Loong's response to a
    203 words
  • Article
    Lock icon New light on Toshiba sales to Soviet Union
    166 18 Reuter THE UNITED STATES believes the Soviet Union developed quieter submarines years before it received sophisticated milling machines from Japan and Norway, the New York Times said on Wednesday. Assistant Defence Secretary Richard Armitage said the Soviets had the technology for quiet
    Reuter  -  166 words
  • Article
    Lock icon Seoul takes steps to fight Inflation
    73 18 Reuter SOUTH KOREA yesterday announced measures aimed at containing inflation caused by a soaring current account surplus and sharp wage increases. The Economic Planning Board (EPB) said domestic oil product prices would be lowered by an average of 10 per cent from today and
    Reuter  -  73 words
  • Article, Illustration
    A whole new world, Down Under
    178 18 NO VULTURES terrify you in this desert. Summer is blistering but the winter yes. this desert has a winter is mild, while spring and autumn are simply superb. Welcome to the great Australian Outback, mate. This week, Executive Uteetyle roams through the sandy frontier
    178 words
  • Article
    Lock icon NF in Kelantan to face no confidence vote
    166 18 AFP MALAYSIA'S ruling National Front coalition will face a no confidence motion in the northern Kelantan state assembly tomorrow, an opposition spokesman said in Kuala Lumpur yesterday. Subki Latif of the fundamentalist Parti Islam saMalaysia (PAS) said his party had a "reasonable
    AFP  -  166 words
  • Article
    Lock icon Indonesia maps out political, economic strategy
    288 18 Reuter INDONESIA'S National Assembly has approved a five-year plan calling for stronger industrial growth, increased foreign investment and more economic deregulation. The guidelines, approved by the People's Consultative Assembly in Jakarta on Wednesday night sfter considerable bargaining. set the political and economic objectives for
    Reuter  -  288 words
  • Article
    Lock icon Japan calls for talks on Asian trade problems
    308 18 Reuter JAPAN has proposed that major industrial nations sit down with newly industrialising countries (NICs) in Asia to thrash out their trade problems, a Foreign Ministry official said. "It is time for us to have some sort of economic dialogue," he said
    Reuter  -  308 words
  • Article
    Lock icon Applications for funds mount
    102 18 Bernama GOVERNMENT and private sector corporations in Malayaia have submitted projects worth more than US$2 billion to be financed by the Asean-Japan Development Fund, according to Malaysian Deputy Finance Minister Loke Yuen Yow yesterday. The US$2 billion fund waa set up to help mainly private aector
    Bernama  -  102 words
  • Article
    Lock icon Japan's trade surplus down sharply again in February
    254 18 Reuter JAPAN'S trsde surplus fell sharply again in February to U555.24 billion from US$7.l3 billion a year earlier, the Finance Ministry said. The fall, announced in Tokyo yesterday, was not unexpected and had little impact on markets, which were looking forward to
    Reuter  -  254 words
  • Article
    Lock icon Comex gold
    94 18 Reuter COMEX gold futures firmed early yesterday on active buying by speculators and local traders spurred by gains in overnight markets, but the upswing lacked follow-through and the highs could not be maintained. April gold was marked up US$7.3O to U*****.80 an ounce before backtracking on profit-tak- ing
    Reuter  -  94 words
  • Article
    Lock icon Jakarta under pressure to lower oil prices
    253 18 Reuter PRESSURE is mounting on Indonesia to cut its oil prices from official Opec levels ss low exports ars threatening its production Oil industry sourcee in Tokyo said yeeterday Abu Dhabi's offer of retroactive price cuts to Jspansee oil buyers would increase the
    Reuter  -  253 words
  • Article
    Lock icon Rais files suit to challenge Umno Baru
    137 18 AFP A GROUP of Malay leaders has filed a court suit in Kuala Lumpur challenging the registration of a new political party by Prime Minister Datuk Seri Or Mahathir Mohamad. Rais Yatim. a former Foreign Minister, also asked the High Court yesterday to
    AFP  -  137 words
  • Article
    Lock icon Taiwan's big boost in public spending long overdue'
    199 18 Reuter TAIWANESE bankers and economists welcomed yesterday's announcement of a record NT5138.9 billion deficit budget for 1968/89, but said its big boost in public spending was long overdue. "Budget spending should have been raised years ago," said Liang Kuo-Shu, chairman of the
    Reuter  -  199 words
  • LATE FILE
    • Article
      Lock icon MCA branch leader detained
      41 18 AFP POLICE have detained a branch chairman of the Malaysian Chineee Association under the Internal Security Act. A family member, who declined to be named, said Chan Kok Khiong, 49, was taken into custody on Tuesday. AFP
      AFP  -  41 words
    • Article
      Lock icon Tibetan monks arrested
      37 18 AP POLICE arrested Buddhist monks in Tibet's holiest temple yesterday amid rumours of planned demonstrations to mark the anniversary of a Tibetan uprising against Chinese rule, unconfirmed reports from Lhaaa, the capital, aaid. AP
      AP  -  37 words
    • Article
      Lock icon Chinese minister in UK for talks
      48 18 AFP CHINESE Foreign Minister Wu Xueqian arrived in London yesterday on a six-day visit focusing on Hongkong's scheduled tranafer to Chinese rule in 1997. He was greeted by British Foreign Secretary Sir Geoffrey Howe at hia residence at Chevenings. outside London. AFP
      AFP  -  48 words
    • Article
      Lock icon India ready to defend glacier
      60 18 AP INDIAN Defence Minister K C Pant told perl i a merit yesterday that India was prepared to meet any threat from Pakistan and defend the Siachin glacier, a disputed Himalayan ridge claimed by both countries. In a statement to the Upper House, Mr Pant
      AP  -  60 words
    • Article
      Lock icon HK voters shun district polls
      65 18 Reuter HONGKONG voters yesterday stayed away by the hundreds of thousands from districtboard elections, the only chance residents of the British colony get to caat ballots. Ten hours after the polls opened, officials said that despite good weather only 188,000 people, or 13.4 per cent
      Reuter  -  65 words
    • Article
      Lock icon Manila to scrap dividend tax
      46 18 AFP THE PHILIPPINES is to go ahead with a plan to acrap a 5 per cent tax on corporate dividends next year, the Bureau of Internal Revenue aaid yesterday. The tax has been criticised aa a form of double taxation. AFP
      AFP  -  46 words
    • Article
      Lock icon Soviet hijack ends in shoot-out
      49 18 Reuter GUNMEN who tried to hijack a Soviet airliner near Leningrad demanded to fly to Loodon before being overpowered in a gunbattle aboard the plane, the newspaper Sovatakaya Rossiya reported yesterday. Earlier reports said three passengers and a stewsrdees were killed in Tueeday's shooting.
      Reuter  -  49 words
  • Page 18 Advertisements
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      50 18 DBASE 111 PLUS A WORKSHOP srkshop Advance DBASE 111 Plus Application in Accounting te 24th March 1 988 Recommended for financial accountants turer MR CHAY YEE MENG, B.ACC, RAS LUCAS LIM MANAGEMENT CONSULTANTS PTE LTD #03-04 Carlton Building 90 Cecil Street SO 104 Details contact Ivy at *****55, *****31 J
      50 words
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      4 18 Qpjc conikltri cut, Pagi
      4 words
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      Page 18 Advertisements Column 3
      128 18 Call for doNr tie* between Tokyo and NICe, Page 3 leaving Singapore for 3 weeks? know your family is safe and happy... (Pi V\' j You owe it to yourself to check out Ardmore Park... the security is excellent, school buses call at the gate, and there is aerobics, squash,
      128 words
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  • SHIPPING TIMES
    • Article, Illustration
      Six floatels may be built in S'pore
      492 19  -  By JUNE LIM PLANS have been drawn up by a Singapore-based Australian company to construct up to six floatels in Singapore over the next four years. Sinaust Shipping, a wholly-owned subsidiary of public-listed Westmark Corporation of Perth, has acquired a large drill ship
      492 words
    • Article
      Lock icon AWC will open wool warehouse in China soon
      209 19 Reuter AN AUSTRALIAN-BUILT wool warehouse with capacity of 80,000 bales will open in China on March 16. the Australian Wool Corp (AWC) said. The 15,000-square-me-ter warehouse, at Nanjing, 300 km west of Shanghai, was designed to receive containers of Australian wool direct
      Reuter  -  209 words
    • Article
      Lock icon Japan remains as the world's top shipbuilding nation
      172 19 AFP JAPAN retained its position as the world's top shipbuilding nation in 1987, the Japan Ship Exporters Association said in its annual report. The association, citing figures published by Lloyd's Register of Shipping. said Japanese shipbuilders received orders for 548 vessels totaling
      AFP  -  172 words
    • Article
      CONSORTIA
      163 20 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
      163 words
    • Article
      Thai corporation to go ahead with jetty project
      131 20 THE NATIONAL Petrochemical Corporation of Thailand will go ahead with plans to build a jetty and fluid loading facilities. According to the Bangkok Post, the corporation cannot wait for the Mab Ta Phud deepsea port project which is due to start operation
      131 words
    • Article, Illustration
      Lock icon Lykes management put to the test
      987 20 About USsBsm acquisition debt repaid to Chemical Bank Seatrade LYKES LINES of New Orleans, a cash cow for much of the seventies. the subject of a leverage buy-out in the early eighties, is trying to awaken itself from a nightmare. At the vortex of
      Seatrade  -  987 words
    • Article
      INDEX TO ADVERTISERS
      990 20 AB Shpg V 5 AtC Containar VN 1 Accord Shpg VI 3 Ahrankial Unar n 3 Africo Ocaon XI 2 Alttrons vi 3 AC Toapiar s Auricon Tp» xa 4/5 A#iro Same* IV 2/3 Arrow Lnaa n s Anon Ocaon XI 4 AHo> Ima l ANl I
      990 words
    • Article
      Lock icon CGM given approval to take over Pacific Australia Direct Line
      302 20 Lloyd's List THE FRENCH government has given state-owned Compagnie Generale Maritime the go-ahead to take over the Pacific Australia Direct Line (PAD), operated by Sweden's Transatlantic Shipping Co Ltd. It was revealed on Jan 11 that CGM and another French
      Lloyd's List  -  302 words
    • Article
      Lock icon Morgan Grenfell asked to rescue Pakistani line
      329 21 Lloyd's List BRITISH merchant bank Morgan Grenfell has been asked by Pakistan to try to sort out the operational and financial problems that have hit its national shipping line. The firm has already appointed another UK company ship management, ship management specialist Denholm,
      Lloyd's List  -  329 words
    • Article
      Lock icon EC plans to cut number of surplus ships in canal
      194 21 Reuter THE EUROPEAN Community (EC) Commission said it is planning measures to cut the number of surplus vessels in the canal network extending through Belgium, France, West Germany, Luxembourg and the Netherlands. The commission said in a statement the measures
      Reuter  -  194 words
    • Article, Illustration
      Sea Containers reefers will be deployed on new banana service
      247 21 SEA CONTAINERS container ships, refrigerated containers and chassis have recently been commissioned on a new dedicated banana service between Central America and the United States. The charterers, Promotora de Navegacion of Panama, signed a 3-year contract of affreightment with United
      247 words
    • Article
      Philsar offers to computerise ship registry records
      161 21 THE PHILIPPINE Shipbuilder*' and Repairers' Association (Philsar) has offered to computerise vessel registry records in the Philippines at its own expense in an attempt to establish official and reliable documentation of the domestic fleet, particularly large cargo and passenger vessels. Currently the Philippine
      161 words
    • Article
      SHIPPING LIST where your ships ore due...and when
      8824 26 VIM. M Mwcurt CM D MriMlM. Marc* 11. Mmg UMww, Yang Mm« Mtnli 12 Benevon. Trtot Marc* 12(PK) She Ha. Chine Onan. Merah 11 Nad DaHI. ScanOutcht. Marc* 14 Evar Quam Evergreen. March It M Rottotdam Maarak Una. Marc* 17 Yin Ha
      8,824 words
    • Article
      BUNKER MARKET REPORT
      1050 26 THIS FORTNIGHTLY REPORT, compiled by Cockett Marin* Oil Ltd. shows pries ranges in US dollars, instead of single prices lor more comprehensive deecription of the market. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
      1,050 words
    • Article
      LONDON FREIGHTS
      1416 27 DETAILED fixing was thin on Wednesday on the London shipping freights market. A firm undertone was maintained in all key sectors on rumours that Soviet operators were showing fresh interest in bulkers for trans-Atlantic round voyages Reported grain voyage fixing was confined to British barley exports. Continental paid
      1,416 words
    • Article
      SHIPS IN PORT
      1166 27 AT CONVENTIONAL WHARVES Cahoyo Kembung J3 11 03/0730 1103/2300 Kopm Jll 11 03/0600 1103/1800 v—' Bertti Arrival Departure Pomex Pioneer Ralu J6 11 03/2330 JI0/II II 03/1530 1303/1500 1203/1500 KEPPEL WHARVES SPC XI J12 11 03,0600 1103/1800 FT Clipper K20 alongside 11 03/1500 Star Treasure J8 II03/0600
      1,166 words
    • Article
      Who acts for whom
      2019 28 A—B AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg <S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President Lines
      2,019 words
    • Article
      Lock icon Cypriot tanker hit in Gulf as Iranian-Iraqi war resumes
      366 30 AP A CYPRIOT oil tanker carrying Iranian oil in the Gulf has been hit by a missile in an Iraqi air attack, Gulf-based maritime salvage executives said. The attack signaled a resumption of the so-called "tanker war" between Iran and Iraq
      AP  -  366 words
    • Article
      SHIPPING EVENTS
      179 30 March 15 Revision of the standby vessel code, Nautical Institute (North Scottish branch) meeting, 1830 hours, Atholl Hotel, 54 Kings Gate, Aberdeen. March 22-24 NAV 88 Conference. The theme will be Radionav 2000 a European Dimension. The advent of lon- ger range systems, changes in trading patterns have
      179 words
    • Article
      Floating hotel survives strong winds from Charlie
      102 30 THE As2B MILLION floating hotel recently moored on the Barrier Reef weathered Cyclone Charlie which swept across northern Australia with little damage, surviving winds exceeding 100 km. The resort, with well equipped weather station, was able to detect the change of wind when
      102 words
  • Page 19 Advertisements
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      949 19 STH\ m es TIMES s STP Distributors Ttm+s PuMs/vng Croup S'P«K» •NEPTUNE CRYSTAL 44W 13/3 CHI MA CONTAINER MM 20/3 HONGKONG CONTAINER WW 27/3 KOREAN JACEJIN 43W 3/4 QUEEN'S WAT BRIDGE 2W 7/4 SEVEN SEAS BRIDGE WW 10/4 U Havre F slnn R 4»m H'burg B'luvan 31/3 1/4 2/4 4/4
      949 words
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      Page 19 Advertisements Column 2
      112 19 mm LYKES LINES of New Orleans, a cash cow for much of the seventies, the subject of a leverage buy-out In the early eighties, is trying to awaken itself from a nightmare. Page II BRITISH merdiant bank Morgan Grenfetl has been asked by Pakistan to try to sort out the
      112 words
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      Page 19 Advertisements Column 3
      621 19 TIMES STP Distributors Ttm** Put>h*hing Group rr*i 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) This week M Rotterdam Closing Time CY 16/3 2300 HRS CFS 16/3 1300 HRS
      621 words
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      683 20 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT BENAVON NEDLOYO HOCLAND LARGS BAY HONG KONG EXPRESS TOKYO BAY ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN. COPENHAGEN. AARHUS, GOTHENBURG, MALMO, HELSINKI. OSLO. AMSTEROAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG BREMERHAVEN R'DAM/ ANTWERP LE HAVRE SOUTHAMPTON P KELANG
      683 words
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      Page 20 Advertisements Column 2
      18 20 i Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      18 words
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      Page 20 Advertisements Column 3
      528 20 CSAV Cor-pjrvj Sud Amcrtcjnj d'jVjpcros S O ,r.' TO/FROM FEEDER VESSEL S PORE MOTHER VESSEL HK ARICA IQQ ANTOf VALP SAI CSAV 2 11/3 CAR CARRIER 2W 21/4 (TO* 243) CSAV 3 |U/3 ISLA FLOREANA 24,3 IVS Ufi 13/5 CARGO FOR PUNTA ARENAS. TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA
      528 words
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      Page 21 Advertisements Column 1
      1070 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd k P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok V vvj CONTAINERSHIP SERVICES TO/FROM BANGKOK PtCASUS PROGRESS VSZ2N IS-li Mar II 11 Mar PEGASUS PROGRESS VSZ3N 22 23 Mar 7S-S Mar BANGKOK BORNEO
      1,070 words
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      Page 21 Advertisements Column 2
      955 21 RHEMA VENTURES GROUP ORGANISATION TECHNOLOGY PTE. LTD. CONSULTANTS IN HUMAN RESOURCE ORGANISATION DEVELOPMENT INFORMATION TECHNOLOGY AND PROJECT BUSINESS DEVELOPMENT MANAGER (SHIPPING AGENCY) A successful and fast-growth shipping organisation is seeking a dynamic professional manager to develop its agency business. Reporting directly to the Chairman, the key responsibilities include business development,
      955 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      443 22 HISINOSE MARITIME PTE LTD IRAN SHOJAAT IRAN EHSAN ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for:In Port BANDAR ABBAS (2nd call) 21/3 BANDAR ABBAS KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: 21/3 JAYA, LAE, HRA, LTK, MALAU MICRONESIA SERVICE SPORE PK LOAD FOR A VESSEL SAIPAN,
      443 words
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      Page 22 Advertisements Column 2
      952 22 *XuH» JIC.&LINE H*IA snrnKt fW'»" FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ Member of the Ace Consortium NEPTUNE CRYSTAL 44W CHINA CONTAINER MX HONGKONG CONTAINER 54W KOREAN JACEJIN 43W QUEEN S WAY BRIDGE 2W SEVEN SEAS BRIDGE 65* FROM ['JROPE VIA SUEZ M™*" ,h ce Consortium H Kong Kaoshiung Busan
      952 words
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      Page 22 Advertisements Column 3
      283 22 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 A ISTANBUL U.S.A. PAPUA NEW m INEA PORT MORESBY, RABUAL, LAE KIETA, MADANG A KIMBE NOUMEA 30/4 SUVA/LAUTOKA
      283 words
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      Page 22 Advertisements Column 4
      989 22 m EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) 5 W 3 5» S ffi S? !*7 m £w 5? tr nr MK 4 £%%%«&sjg g a 5 j 1: >«« v r r -r i" -i, EVE* GENTLE 12fl I*3 18/3 li/3 ?M >4/1 !iu EVE* GENTRY EVE* GUIDE
      989 words
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      884 23 PACIFIC INTERNATIONAL LINES *V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 1 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURAOAYA/SEMARANG CONTAINER SERVICE VESSEL SEA HAWK SEA DRAGON SEA HAWK SEA DRAGON SIN SBY SMG SIN SM Sid 12/3 IS/3 13/3 17/3 16/3 22/3 21/3 24/3 26/3 29/3
      884 words
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      Page 23 Advertisements Column 2
      539 23 BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FIJI AND SOUTH PACIFIC ISLANOS JEBSEN SOUTHLAND 22S SIN NOUMEA AKI M 4/5 7/5 ANANGEL LEADER VOY tS 30/4 23/5 27/5 ACCEPTING LAUTOKA. SUVA. APIA, PAGO PAGO. NUKUALOFA. WITH T« A 1 NOUMEA •ACCEPTING FCL PAPEETE VIA
      539 words
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      Page 23 Advertisements Column 3
      543 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA IMPOMESIA e P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES 1 SINGAPORE TO EUROPE GANDA BHAKTI/20WB 15-17/3 S PANJANG 18WB KUTAI/14WB BILBAO ANTWERP RDAM/ADAM BREMEN Sublet to lnduc«m«nt Also accepting cargo to Casablanca, Port Slid Pod Altiindrii
      543 words
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      Page 23 Advertisements Column 4
      375 23 BOUSTEAD SHIPPING AGENCIES PAGAN VI2SW PA-AN VI22W HTONEYWA V733W SAGAINC PAGAN VI26W BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Spore 11/U MU' 1501 Mar 14/19 Mar 20/23 Mar 31 Mar/7 Apr Loading for Rangoon P.Kelang Penang Bangkok BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC STORE RDAM HULL HMBG
      375 words
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      1335 24 *V k K"UnE SHIPPinC OfITPI ATLfiriTlC CuhST (Round-The-World Service) •PK/PNG ORIENTAL FRIENDSHIP V 7 12 Mar 17 Mar 9 AMBASSADOR BRIDGE Vl6 19 Mar 24 Mar 16 ORIENTAL rORTUNE V 8 26 Mar 31 Mar 23 •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL .V.' WW fSSA LA/LB
      1,335 words
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      Page 24 Advertisements Column 2
      759 24 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIA/JAPAN/INDIA SERVICE Accepting FCL Containers and Conventional Cargo Also accepts Metals A Steel Products Sineapore P Kelang Penang Loading tor S O ANDMRA PRADESH V 37 U Ear Toto Naaoya Kobe ARUNACHAL PRADESH VS3 24 Mar Kobe Yo'ohama S-0 NAGALAND V 3i
      759 words
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      Page 24 Advertisements Column 3
      714 24 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD n 7»i04 Avtf StrMt Singapore oum tel nam (U lines) f*i smjsm STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Cotombo Karachi Dub*< GOLDEN WONDER Colombo Karachi Dubai CHINA SERVICE A VESSEL Shanghai HsmMng MINFU Huangpu Shanghai S'pore P Keiang Penan* 15/16 Mar 27,<21 Mar 21/22
      714 words
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      Page 24 Advertisements Column 4
      397 24 PHIU OniCNT UN€5 PT€ LTD HEAD OFFICE 63 ROBINSON ROAD -07 12 AFRO AS.A BUILDING SINGAPORE 0106 TEIEX RS ***** PHIII FA* *****76 r EAST FAR EAST u If s M 2 ryri H KONG KOBE KEELUNG. MANILA. BANGKOK. TOKYO. COLOMBO. KARACHI. BOMBAY EAST AFRIC/LMEDITERRANEAN SERVICE UK EUROPE SERVICE TBN
      397 words
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      789 25 NEPTUNE ORIENT LINES LTD J Bahru NEPTUNE AGENCIES PTE. LTD FE EU/AUST T PA/SEA Ttrminal CFS BOOKINGS *****53 27*5742 221X22 *****53 *****11 *****16 27*111 27*141 NEPLINE SON BHD. 368)887 INWARD/OUTWARD NEPLINE SON BHD *****33 ENQUIRIES *****44 NEPLINE SON BHD. 6208J5/627M0/*****1/*****2 NEPLINE SON BHD 23HM0/23HM1 MREOT/WOW: FB U. Y CONTAINERISED SERVICE
      789 words
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      Page 25 Advertisements Column 2
      523 25 VttMl's Name No 7 Donam/M?N No I Donam/IO2N No t Donam SO7N **Gloria/K3N M EntcrpriM/lOSN No i Donam 103N ETD BS BKK S PORE PKELANC BUSAN MO JI a/W In Port 06 0/tB 23-27/03 29/03 M/ 03 IMB 19-21/IQ 22 23/03 02 o*o4 06AM 12/03 24/03 27-29/03 »-31«8 10-13/ M
      523 words
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      Page 25 Advertisements Column 3
      995 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG p KELANC STSSSZSS'iSL KS SCTtfF so l\2£Z' ss Tel J***** *****1 Th MA ***** "FEBLOS" 22nd
      995 words
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      Page 25 Advertisements Column 4
      14 25 Witt, li. 4 MADJU SENDIRIAN BERHAD -•'2O-12 Tong Eng Building. Singapore 0106 Tel *****87
      14 words
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      Page 26 Advertisements Column 1
      369 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTO. TEI 225 6868 <30 l<nes< FAX *****39 *****76 TELEX AS ***** A B SSCWA RS ***** A B SSCAD DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE n/IA COLOMBO Accepting cargo for INDIA Bombay, Cochin. Madras Calcutta ~VIA LARNACA Accepting cargo for Lattakia, Piraeus, Thessaloniki. Izmir, Istanbul.
      369 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      164 26 a Regional Weather A 5*2 fA V# M I V) m Ik Ei a A m sM 1 N »JC SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm t Shower Weotf>er W«d direction wrfh speed m knots n Wove height Cloudy Sky Svrfoce winds *rr indicated
      164 words
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      Page 27 Advertisements Column 1
      296 27 A <CFS> V CRYSTAL FREIGHT SERVICES PTE LTD Tel: *****88 Tlx: ***** Fa*: *****88 (AND INLAND DESTNS)IS/3, 22/3 COLOMBO 21/3, 27/3 ALSO ACCEPTING TO KEE/KAO 20/3, 27/3 BUSAN 17/3, 24/3 TYO/YOK 17/3, 21/3 BANGKOK 16/3, 20/3 UNI-OCEAN LINES PTE. LTD., 60 Cecil St #02-01. KPB Building S'pore 0104 Tel: *****66
      296 words
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      Page 27 Advertisements Column 2
      101 27 V\csp\ CSP SHIPPING AGENCIES PTE. LTD Tel: *****66 (16 Lines) Fa* *****15 FIXED CONSOLIDATION SERVICE FCL/LCL TO: CHINA, HONS KONG, BANGKOK, P.KELANG, KEELUNG. KAOSHIUNG, MANILA, BUSAN, TOKYO/YOKOHAMA KOBE, OSAKA, FELIXSTOWE. HAMBURG ALL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: E INBOUND: LOS
      101 words
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      Page 27 Advertisements Column 3
      833 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. IRAQI LINE t' IRAQI ST AT i !NT[RPftIS( FOR MARITIMI TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR 15 3 Jap^n WEST BOUND SERVICE ETA S PORE LOADING FOR 15/3 Jeddah Aqaba Baghdad I 104 Jeddah Aqaba Baghdad THROUGH B'Ls to BAGHDAD UPON
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      662 28 iM FINE-LINER SHIPPING Vbß\ PTE LTD I '0 Shenton Wiy 04 02C Mirini House. S pore 0?07 r" TEL ?;">9077 (8 lines) TLX RS ??W1 FLINER FAX MIDDLE EAST GULF SERVICE SPOKE IMQ DUB SNJ AO6 DAM KWT BAH 00* 21/3 W M i< HI M M M >»« 2/4
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      474 28 ZIM FULL CONTAINER SERVICE acceplmg FCL/LCL cargoes to USA East t West Coast. Carnbbean East Canada. HAITI Costa Rica. El Salvador. Guatemala. Honduras. Venezuela Peru Ecuador Colombia via Miami Trinidad Barbados Antigua St lucia. Montserrat Guayana via Kingston AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE AND ALSO FCL
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      568 28 Everett Lines 4 COMPANIA PERUANA DE VAPORES 5 "PERUVIAN STATE LINE" f. LOADING FOR CALLAO, MATARANI. ILO* AND ALL OTHER d PERUVIAN PORTS' WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. A Penartf* P Kelang* Singapore 5| HUGHEVERETT 15/u M MANOLOEVERETT 5/6 A(x K JOHNEVERETT
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      243 29 --.n-.-j- mi THE NATIONAL SHIPPING COMPANY OF SAUDI ARABIA S. MAKKAH FEA 041 Accepting Breakbulk, Ro/Ro, Containers FCL Containers for Sharjah, Doha and Riyadh. REGULAR RO-RO SERVICE TO USA/CANADA VESSEL SINGAPORE P KELANG BALTIMORE S ABHA FEA 0341 14 MAR I 16 MAR I 19 APR I 21 APR I
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      Page 29 Advertisements Column 2
      483 29 SING KWANG HANG LCL/FCL SERVICE JEBSEN SOUTHLAND V22S SINGAPORE 6/4/88 A VESSEL SINGAPORE 22/3/88 Alm accepting cargo to KEELUNO, KAOHSIUNQ, HONQ KONG. P. KELANQ E MALAYSIA A BRUNEI CANADA AUSTRALIA TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST UiirKU LUCKY SEAWAY SERVICES PTE LTD Tit ***** Fil *****77 S.E.ASIA/CHINA SERVICES
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      Page 29 Advertisements Column 3
      454 29 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' SP GLORY SELATAN VIII SM GLORY SELATAN IX V 66 14/3 PKL PN BLW KAOH 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM
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      480 29 PTC CONTAINER LINES PTC GROUP FCL/LCL SERVICE SIM FAR EAST 13/3 KEELUNG/KAOHSIUNG 19/3 BANGKOK 13/3 MANILA 12/3 JAKARTA 12/3 PORT KELANG/PENANG 20/3 BUSAN 17/3 TOKYO/YOKO/KOBE 18/3 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/ Xmgang/Shanghai S|M EUROPE 25/3 RDM/HAM/ANT/LE HAVRE/GENOA SIN USA/CANADA 20/3 L.A./NYC/SFO 16/3 VANCOUVER/TORONTO/MONTREAL SjN AUSTRALIA/NEW ZEALAND 15/3
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      371 30 Hai Sun Hup Co (Pte) Ltd fEL *****06 (20 Lines) TLX RS ***** RS ***** f P-V \sll k\ \k i i\i K. i) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN ft CHINESE PORTS. SUBJECT INDUCEMENT
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      472 30 for reliable and fast transit WEEKLY FCL SERVICE TO USA-EAST COASTrtiULF/CANADA/MEXICO AND FRENCH WEST INDIES i t For: vsl sport UHavrt Connecting Ml Halifax, Montreal, N. DtLFT VS2 M/ 3 31/3 nuernberc ATI. Toronto, New York NIHON &2 21/3 7/4 ATL. CARTIER Baltimore, n DEjmu 121/3 14/4 stuttcart exp Portsmouth,
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      282 30 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK Agent: NINON-AM SHIPPING (S) PTE LTI Tel: *****88 (8 Lines) Tlx: RS ***** SHIPPING PTE LTD THj 2228T551 TLX RS ***** FAX *****14 TIMBER/BREAKBULK SERVICE RANGOON S PORE BKK HKC KEE QINCOAO SILVER HAWK Sailed 12/3 LATANGAN 18/3 1/4 4/4 KEN WOOD
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      Page 30 Advertisements Column 4
      950 30 m mm CALL US ATr P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER P KELANG 12.03 110} 28 03 H DCJIMA |B. BUTANC 431 I 31 (B BUI SU»W OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP BASLE BREMEN BREMERHAVEN COPENHAGEN HELSINKI. MALMO,
      950 words