The Business Times, 22 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 TUESDAY, MARCH 22, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    264 1 Reuter Dow Jones lower WALL STREET stocks fell broadly in early trading yesterday. The Dow Jones Average was down 20 points to 2,068 after crossing 2,100 briefly early on Friday but closing at 2087. Declining issues led gainers by two-to-one Gruntal's Alan Ackerman said stocks "were lower
    Reuter  -  264 words
  • Article, Illustration
    Prices close firm as good trade figures boost sentiment
    186 1 THE SINGAPORE stock market closed firm yesterday on moderate volume. News that Singapore s trade deficit had narrowed in February lifted market sentiment, which had been buoyed by recent releases of good corporate results. The Straits Times Industrial Index rose 9.66
    186 words
  • Article
    Lock icon KL newspapers re-issued permits
    80 1 Bernama MALAYSIA'S Ministry of Home Affairs has re-issued publication permits to four newspapers which were revoked last October. Publishers of the Malaysian newspapers the English daily tabloid The Star, and The Sunday Star, the Chinese daily Sin Chew Jit Poh, and the Malay biweekly tabloid Watan
    Bernama  -  80 words
  • Article
    Lock icon France offers military hardware to Malaysia
    129 1 AFP FRANCE is prepared to sell defence equipment to Malaysia on a 'no-strings-attached' basis that could include facilities to manufacture the equipment in Malaysia. General Philippe Morillon of the French Defence Ministry's international relations department said in Kuala Lumpur yesterday that French companies were
    AFP  -  129 words
  • Article, Illustration
    Lock icon Suharto makes sweeping Cabinet changes
    369 1 Reuter PRESIDENT SUHARTO announced sweeping Cabinet changes yesterday replacing the Defence, Foreign, Energy, and Interior ministers in a Cabinet to take Indonesia into the *****. Listing his new ministerial team for the next five years, the 66-year-old president replaced Mines and Energy Minister and former
    Reuter  -  369 words
  • Article, Illustration
    Dah Yung Investment among three companies facing $7.3m suit
    497 1  -  Cheng Heng Soon a former director of defendant companies By ROSIE TAN THREE COMPANIES in which detained businessman David Cheng Heng Soon used to be a director have -been sued for HK528.26 million (557.3 million) by Tomax Investments Corp, a Liberian
    497 words
  • Article
    How CAD caught up with Cheng
    505 1 Cheng kept up fancy lifestyle while on the run, say sources ON DEC 28, 1985, a 31-year-old professional fled Singapore, leaving behind his wife, three-year-old triplets and an extravagant lifestyle. The disappearance of David Cheng Heng Soon director of several listed companies and shareholder
    505 words
  • Article
    Promet Bhd all set to weigh anchor after 18 months
    283 1  -  By AMY BALAN AFTER BEING ANCHORED for the last 18 months, marine engineering group Promet Bhd is finally ready to test the waters again. The Singapore High Court yesterday discharged its receivers. Mr Peter Chi, Bobby Chin and Michael Ng
    283 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      72 1 Nikon The World s Finesf Photographic System Full report, Page 16 Regional markets, Paga 18 WRITE TRACK' IT GOES A LONG, LONG WAY M Extra tough, extra smooth tungsten carbide ball Continuous smudge-free writing all the way 1 Available in fine point Comes in black, red, blue green Retails at
      72 words
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      Page 1 Advertisements Column 2
      334 1 PARLIAMENT, Page 2 Nanyang Technological Institute to become second university: Dr Tony Tan One way of allowing more to enter the university Commercial TV unlikely to be feasible: Dr Yeo Ning Hong BEEFING UP the back-up services of the Singapore Manufacturers' Association is one of the three immediate tasks its
      334 words
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      Page 1 Advertisements Column 3
      144 1 Nikon World Finest Photographic System Reduced home loan interest rates. Yes. We've reduced the interest rates of our Home Access Loan. We've also put together the Access Team. A panel of experts who can advise and assist you in all aspects of buying a home and getting a loan. And
      144 words
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  • FOCUS
    • Article
      Nanyang Technological Institute to become second university
      548 2  -  oasijeanaj Reports by JOHN LIM, ANNA TEO and GENEVIEVE CUA NANYANG Technological Institute (NTI) will be expanded to become Singapore's second university by the *****, Education Minister Dr Tony Tan said yesterday. This will enable more students who qualify for university education to
      548 words
    • Article
      Better to err on the side of oversupply: committee
      331 2 JUST AS there- is a long queue of students wanting to get into the National University of Singapore. a long line of Members of Parliament queued up yesterday to speak on admission to institutions of higher learning. Should not more students
      331 words
    • Article
      Dr Ow suggests way to allow more to enter university
      309 2 A PLAN TO ENABLE more people to get into university, and at the same time produce more and bet-ter-quality technical manpower, was put up yesterday by the Member for Leng Kee. Dr Ow Chin Hock's alternative calls for more O'
      309 words
    • Article, Illustration
      Commercial TV unlikely to be feasible: Dr Yeo
      439 2 THE GOVERNMENT has no objections in principle to a commercial television station but such a station is unlikely to be economically feasible given the small market in Singapore. The Minister for Communications and Information also said that a commercial TV station would
      439 words
    • Article, Illustration
      BRIEFS
      655 2 CIVIL DEFENCE exercises will be integrated over the next four to five years. The first integrated one food and water exercise will be held next year. Public participation has been good, said Dr Lee Boon Yang, Minister of State for National Development and Home Affairs. For instance, about 200.000
      655 words
    • Article, Illustration
      Lock icon The United States is determined to see Noriega go
      673 9 IHT UNITED STATES Secretary of State George Shultz declared on Sunday that General Noriega must leave Panama "the sooner the better," and that the US would help Panamanians overthrow him. After General Noriega rejected a US demand that he give up
      IHT  -  673 words
    • Article
      Lock icon Economic showcase creaks under political strains
      808 9 NYT GUSTAVO VIVAS, the manager of a small trading company in Colon, glumly hefted a thick sheaf of suddenly obsolete shipping invoices and let them drop back onto his desk. "The situation here is very serious," he said. "We're paralysed because the piers are
      NYT  -  808 words
    • Article, Illustration
      Lock icon A general teetering on the brink
      641 9  -  After nine months of on-and-off crisis, a US-backed campaign to drive General Noriega from power in Panama is widely seen as heading towards a showdown. BERND DEBUSMANN examines the forces that are coming to a head in the country while FRED FARRIS looks at
      Reuter  -  641 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      155 2 POSB CREDIT POSB THE FORMULA FOR A COMFORTABLE HOME. CO CO CD CO Many Singaporeans have trusted and relied on the POSB way of savings to give them the feeling of security and peace of mind. Now you can enjoy the comforts of home and let Credit POSB take the
      155 words
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  • HOME NEWS
    • Article, Illustration
      ITT studies setting up R&D software centre
      445 3  -  By WILLIAM CHIA THE SEMICONDUCTOR division of the International Telephone and Telegraph group is seriously considering setting up a software research and development centre in Singapore. Mr Lubo Micic, vice-president and managing director of ITT, said the R&D centre would concentrate on designing
      445 words
    • Article
      Workshop on development plan for SMEs
      366 3 SOME 120 PEOPLE organised into seven work groups are helping to draw up a development plan for small- and mediumsized enterprises (SMEs). Comprising representatives from the private and public sectors, the work groups have been focusing on the areas of finance, technology, business development,
      366 words
    • Article
      Ontario trade delegation due
      247 3 A NINE-MEMBER trade mission from Ontario, Canada, is visiting Singapore and the other Asean countries to promote trade. The mission will also explore opportunities to set up joint ventures and technology transfer arrangements. Mission members are involved in varied activities, from heavy industrial and construction equipment,
      247 words
    • Article
      Power failure
      54 3 POWER supply to parts of Singapore was interrupted at 11.25 am yesterday. The areas affected were parts of Scotts Road, Newton Road. Bukit Timah Road, Whitley Road. Clemenceau Avenue and Tanglin Road. Power was progressively restored from 11.50 am. The cause of the power failure was an equipment
      54 words
    • Article, Illustration
      New SMA chief outlines targets
      452 3  -  Need to strengthen back-up services By TAN KEE WEE BEEFING UP the back-up services of the Singapore Manufacturers' Association is one of the three immediate tasks its new executive director. Dr Toh Peng Kiat, wants to do for the members Towards this end, the association
      452 words
    • Article
      Cheng Hong residents to get evacuation orders
      463 3 RESIDENTS of Blocks 80 and 82, Cheng Hong Mansion, will be served evacuation orders in "a couple of days'' by the Development and Building Control Division. Those living in Block 86 will soon face the same fate. Mr Joseph Yee, DBCD's deputy director,
      463 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      262 3 M n I'M f '5 li %f. t i- k*. B-V f'l fl. s<n Vi fto f v -r -mt&* o ft 4- u 0 ;,t t ft *41:2 .ti #•s&£** •> R -'A m-* JV. m Mr; <£ •Uv Sffi re 55 w**#, X r-> J** •rf'v »•> 5%
      262 words
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  • ASIA – PACIFIC
    • Article, Illustration
      Lock icon HK's chief justice wants an end to Privy Council appeals by 1992
      300 5 AP THE NEW CHIEF JUSTICE of Hongkong yesterday urged an end to the use of British courts for appeals on Hongkong cases by 1992, five years before China takes over the British colony. Sir Ti Liang Yang, the
      AP  -  300 words
    • Article
      Lock icon Johor to beef up manufacturing growth
      180 5 Bernama JOHOR is giving a strong push for greater investment in rubber, timber and foodprocessing to fuel the states manufacturing growth. With over-investment in the palm oil processing sector, emphasis is now being given to less-devel-oped, resource-based industries such as rubber and wood processing.
      Bernama  -  180 words
    • Article
      Lock icon Bangladesh's new parliament sworn in
      241 5 AP THE FOURTH PARLIAMENT in Bangladesh's 17-year history was sworn in on Sunday, but one bloc of members failed to appear. The parliament its legitimacy already questioned because of evidence of a rigged election is expected to be given a controversial legislation to make the
      AP  -  241 words
    • Article
      Lock icon Call to support Palestinians
      127 5 AP THE HEAD of the Organisation of Islamic Conference (OIC) has urged the world community to support Palestinians in the Israelioccupied territories morally and financially. Sharifuddin Pir Zadeh, secretary-general of the 46-member organisation, made the call on Sunday, the eve of an annual meeting of OIC
      AP  -  127 words
    • Article
      Lock icon Philippine land reform bogged down
      372 5 Escalating opposition to Mrs Aquino's redistribution plans Reuter A PHILIPPINE Congresswoman has urged landowners to "take up your guns" to block land reform in escalating opposition to President Corazon Aquino's redistribution programme. "Take up your guns, unite, stand up and fight... and let us protect
      Reuter  -  372 words
    • Article
      Lock icon Hotels expect tourism boom this year
      133 5 AFP PHILIPPINE HOTELS are expecting a tourism boom this year due to improved political stability, but doubt if a government target of one million arrivals can be reached, according to a Manila newspaper. Oocupancy rates of some luxury hotels in Manila have surpassed 80
      AFP  -  133 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      199 5 The Swissline OA Office System By Diethelm IF YOU KNOW DIETHELM ONLY FOR THEIR CHAIRS, IT'S TIME YOU TAKE A LOOK AT THEIR NEW OFFICE. The making of fine office chairs is regarded by many as a field in which we at Diethelm particularly excel. But while that may indeed
      199 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      96 5 Max/ Note Min <°C) 33/21 Cloudy 10/05 Cloudy 09/05 Cloudy 27/16 Clear 35/27 Sunny 30/25 Clear 07-01 Rain 18/13 Cloudy 10/02 Clear 08/02 Rain 20/19 Cloudy 12/03 Cloudy 27/18 Fine 12/04 Cloudy 28/16 Clear 21/13 Clear unav 29/09 Rain 27/16 Clear 05-05 Cloudy 05/03 Rain 33/24 Cloudy 12/08 Cloudy 09/06
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  • REST OF THE WORLD
    • Article
      DAILY AIRCRAFT MOVEMENTS
      765 6 ARRIVALS Operator Service Local From number time GIA GA940 1235 MES MAS MH677 1250 KUL Al AI432 1250 BOM/MAA/KUL SIA SQ203 1300 CGK SIA SQ107 1305 KUL GIA GA900 1310 PKU SIA SQ1 1330 SFO/HNL/HKG SIA SQ15 1350 IAX/HNL/TPE GIA GA956/ 1355 DPS SQ956 SIA SQ109 1405
      765 words
    • Article
      Lock icon Inflation seen as new threat by US analysts
      504 6 Price rises and demands for higher pay predicted Reuter THE US ECONOMY has confounded predictions of a downturn following last October s stock market crash but some analysts see inflation as a new threat. "The Cassandras were wrong. We're not in a
      Reuter  -  504 words
    • Article, Illustration
      Lock icon Farm subsidies issue eludes breakthrough
      392 6 Reuter TRADE MINISTERS from 30 nations have failed in weekend talks to make significant progress towards an agreed reduction of farm subsidies. "Agriculture was one of the most difficult points," West German Economics Minister Martin Bangemann said after the talks at the German lakeside resort
      Reuter  -  392 words
    • Article, Illustration
      Lock icon Crash of '87 did some long-term good, says Yeutter
      193 6 Reuter LAST OCTOBER'S crash in the markets probably did some long-term good, US Trade Representative Clayton Yeutter said on Sunday. "It seems that we may have a more balanced global situation today than would have been the case if Black Monday
      Reuter  -  193 words
    • Article
      Lock icon Kohl's party loses ground
      140 6 Reuter EXTREME RIGHTISTS emerged from nowhere to grab a large protest vote against West Germany's mainstream parties in a state election, deepening the national slump of Chancellor Helmut Kohl's Christian Democrats (CDU). All four major parties lost ground in Sunday's election in Baden-Wuert-temberg, while fringe groups
      Reuter  -  140 words
    • Article
      Lock icon Interest rates slow growth in S America
      204 6 Reuter OVERWHELMED by US$4OO billion of foreign debt. Latin America's economic growth rate in 1967 sank to its lowest level in four years, the Inter-American Development Bank said on Sunday. The lending agency's annual report, released ahead of its annual meeting which was
      Reuter  -  204 words
    • Article
      Lock icon Fresh clout for the European Parliament
      324 6 AP PARTLY by design and partly, perhaps, by accident the European Parliament has found itself with a powerful new role in the European Community's international affairs. To the surprise of even some of its 518 members, the Parliament for years an EC backwater with
      AP  -  324 words
  • Page 6 Advertisements
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      250 6 fI Y J W \j\ Ifl 1/ The business person's choice, every I I II 111 I Tuesday. Thursday. Saturday and I 1 I II w Sunday. Leaving Changi Airport at J- VyX 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Call your Travel Agent
      250 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      32 6 tZTTT Hey, 600P 60(N'ON THB NATIONAL MtRIT SCHOLARSHIP, KJM' FAIRLY AWESOME' THANKS, SSAN. fA m MUST SAS&UD BSA QRJNP IF YOU GROW UP /N AN AS/AN FAMILY, HUH* I MMJLPN7 MM. I
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      447 7 If you're looking for the perfect opportunity to buy, sell or merge, there's someone, somewhere in the world waiting to meet someone like you. And that's where Chase gives you an edge that other banks can't match. Not only because of our expertise in mergers and acquisitions, but also because
      447 words
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  • COMMODITIES
    • Article
      Lock icon Sri Lanka cutting into Indian tea markets
      345 8 Reuter EXPORTS OF South Indian teas have fallen sharply in recent years because of undercutting by Sri Lanka. A spokesman of the United Planters' Association of South India said exports from South India nearly halved to 32 million kg last year from 1984
      Reuter  -  345 words
    • Article
      Lock icon Burma to import crude oil
      50 8 AP THE isolationist government of Burma has decided to import oil for the first time since 1976 as domestic production has fallen sharply, resulting in serious fuel shortages. Arrangements were being made to import crude oil for local refinement and use in foreign-aided projects. AP
      AP  -  50 words
    • Article
      Lock icon Natural rubber bounces through 'must sell' price level
      145 8 AFP NATURAL RUBBER has for the second time in 10 weeks broken through a 242-Malaysian/Singapore-cent 'must sell' price level set by the International Natural Rubber Organisation. Inro's five-day moving average hit 242.50 cents last Friday, the organisation's buffer stock manager Aldo Hofmeister
      AFP  -  145 words
    • Article
      Produce Prices
      199 8 Chinese Produce Exchange S§H#r* noon ckning pHcti on Mordi 21 (SS/100 kg) Coconut oil Mk FOB 105.00 CXd drvm FOB 119.00 N»» drum FOB 1)3.00 Copra MlM0d (l00»> 60 Pepper Mufitofc FOB NLW Sorowok ■Afc# ino.oo FOB 'oq NLW Sarawak ipxlol 1095 00 Mack FOB NLW 802.50 Sarawak
      199 words
    • Article
      Oil and Products
      90 8 A NATIONAL holiday in Japan and a traders golf tournament in Singapore brought all markets to a stand still. Closing prices for crude (FOB origin) USS/borr«< Otong* Toph (Mor) 15.90 undt Mlnoi (Atari 15.47 undi Duto® (April) 13.20 0.J0 Wmi Texas WTI (Apr*)*' 16.60 -t-0.30 York dow
      90 words
    • Article
      Precious Metals
      245 8 HONGKONG: GOLD yesterday closed higher on late buying interest. Bullion ended the day at US$446 70/447.20 an ounce against Saturday's 445.80/446.30 close here and New York's 444.00/50 Friday finish. Underlying sentiment towards the metal was still strong on continued tension in Central America, although the upward potential may
      245 words
    • Article
      Lock icon KL Tin
      152 8 Bernama ES THE TIN PRICE on the Kuala Lumpur Tin Market (KLTM) rose 7 US cents from Friday to close at M 517.48 a kg in fairly quiet trading yesterday. The rise reflected a higher European spot tin trend last week and sterling's firmness against the ringgit which
      Bernama ES  -  152 words
    • Article
      Lock icon Palm Oil
      205 8 Reuter Malaysian crude palm oil futures closed mixed on quiet trading on the KLCE yesterday. Spot month April dropped Ms 4 to MsB6o a tonne. May rose Ms 2 to MsB47 and June eased Ms 4, to MsB34. Turnover dropped to 505 lots from 793 last Friday. Crude
      Reuter  -  205 words
    • Article
      RAS and MRELB
      226 8 RAS prices In S c*nts/kg, FOB in bat* NOON CLOSE Buyers S*lt*rs Buyers Sellers Int 1 RSS Prompt 222.50 223.SON 223.00 224.00N Int 1 RSS Apr 88 221.50 222.00N 222.00 222.50 Int 1 RSS May 88 223.00 223.50 223.50 224.00 Int 2 RSS OP 219.25 221.25N 219.75
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    • Article
      Rubber
      162 8 SINGAPORE The rubber market closed slightly higher yesterday with April 1 RSS buyers quoted at 222.00 cents/kilo, up 0.75 cent from Friday's close. The Inro Buffer Stock Manager s offer of SMR 20 at 242 Malaysian cents/kilo for April delivery, ex-ware-house basis, in the local market failed to attract
      162 words
    • Article
      SSR and SMR
      80 8 (cnn/kg) APRIL 1988 MAY 1988 (currant month) (forward month) RAS NOON NOON tvy*n SaNan kwyan SeHeri SSI 30 220-50 222.50N 220JO 222JON SS* so 219.00 221 00N 219.00 221 -OON MRELB Ivyars Salter* luyan Sillin SM* cv 303.50 305JON 304JO 306.SON SMI L 304.50 3 06.50N 305JO
      80 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      388 8 Besides being a fine 24-pin printer that's fast, B reliable, compact, quiet and easy-to-use, Epson's new LQ-500 is also very affordable. I Day in and day out, it will give you the kind of crisp, sharp copy you'd expect from more extravagant I printers. It gets the work done fast
      388 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      8 9 Clouds over Panama Canal, Shipping Times Page II
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      Page 9 Advertisements Column 2
      129 9 VIENNA WILL BE MISSING SIX GREAT CHEFS IN MARCH. jIS Ka For one week in March, Austria will be missing six of her much celebrated chefs from the world famous Hotel im Palais Schwarzenbcrg in Vienna. They will all be at the 'Culinary Symphony', a Viennese Food Festival at The
      129 words
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  • PERSPECTIVE
    • Article
      CPF contribution — to talent
      511 10 CPF contribution to talent THE PATH taken by Singapore Defence Industries (SDI) in its search for talent is one which more and more Singapore companies are likely to tread before too long. The government-owned group of high-technology companies has sent a recruitment team to the United States in search of
      511 words
    • Article, Illustration
      Optics industry: moving back into focus
      1514 10  -  Singapore's optics industry faced an uncertain future when Rollei collapsed in 1981. That is all history now. It's been boom time for the industry in the last two years, and all that's holding Singapore back from joining the optics race is the shortage of
      1,514 words
    • Article, Illustration
      Lock icon What could still go wrong for Bush
      334 11 Reuter US VICE-PRESIDENT George Bush, looking set to become the Republican Party's presidential nominee, could use a robust US economy as a springboard to the White House. With the American economy showing surprising strength, few economists are predicting a recession or major downturn
      Reuter  -  334 words
    • REGIONAL VIEWPIONTS
      • Article
        Suharto's fifth term
        183 11 Our weekly summary of what other publications have to say about issues o« regional interest. INDONESIA YESTERDAY'S decision of the People s Consultative Assembly to re-elect President Suharto for a fifth term was, of course, no surprise The Assembly's decision to entrust the 66-year-old retired general with
        183 words
      • Article
        Forging ahead with Suharto
        62 11 "HIS (Indonesian President Suharto's) priorities are expected to remain the same over the next five years: how to accelerate development and maintain stability at the same time. Both growth and stability are closely inter-related, one is dependent on the other. Despite problems brought on by the
        62 words
      • Article
        The new Cabinet
        240 11 "UNDOUBTEDLY, the economic and financial problems facing Indonesia are very much in the President s mind Whether certain ministries and government agencies, dealing with economic and financial matters, will be grouped together perhaps, to be modelled after Japan s Ministry of International Trade and Industry is presently
        240 words
      • Article
        Say 'nay' to protectionism
        163 11 MALA YSIA "AS MANY AS 17 sub-groups are working on the Omnibus Trade Bill which is expected to be ready in less than a month from now. (US President Ronald) Reagan said that the administration is working diligently with the Congress to avoid a protectionist trade
        163 words
      • Article
        The potential in tourism
        164 11 "THE TOURISM INDUSTRY was given high priority by the Government in the latter half of the Fourth Malaysia Plan (1981-85) period in view of its potential role in strengthening the balance of payments position of the country. The share of the industry in total invisible earnings
        164 words
      • Article
        HK should broaden its trade base in Asia
        182 11 HONGKONG "THE SERIOUSNESS with which Hongkong values trade with Japan was illustrated last week when a senior delegation, headed by the Governor, Sir David Wilson, left the district board elections behind to make the trip to Tokyo and Osaka While the territory
        182 words
      • Article
        Hitting gambling where it hurts
        147 11 THAILAND "EVEN THOUGH the police may not be able to touch the real masterminds, this does not mean they should act deferentially towards gambling-den owners when making raids Such behaviour makes a mockery of the law and only reinforces the public's lack of confidence in
        147 words
      • Article
        Deforestation in the North-east
        159 11 "THE MASSIVE deforestation in the Northeast has led everyone to agree that re-afforestation is the most effective way of easing drought and famine in the country's largest and poorest region. Still unanswered, though, is how the policy should be implemented and for whose benefit... "If the
        159 words
      • Article
        Tall story
        136 11 PHILIPPINES "NOW THAT the Yamashita fever has completely claimed the Philippines, visions of 12-digit numbers are dancing on everyone's head. While an American impersonating Indiana Jones digs up Manila's Spanish-era Fort Santiago, while gold bugs fan out again to the jungle or serve writs on Mr Marcos in
        136 words
      • Article
        Godzilla Tax
        163 11 JAPAN WHAT BEGAN two years ago as a welcome reform of Japan s tax system is mutating into a monster. The voters want tax cuts pure and simple. The leaders of Japan's ruling Liberal Democratic Party keep insisting they can only make big cuts in the existing taxes
        163 words
      • Article
        Incentive for reform
        236 11 CHINA "THE SEVENTH National People's Congress which begins on Friday will be one of the most crucial meetings within the People s Republic of China since it was founded in 1949. It will provide one of the most stark contrasts between the old and new within China
        236 words
    • Article, Illustration
      Lock icon Doubts linger as Afghans prepare for peace
      648 11  -  While most people do not doubt that Russian soldiers will leave Afghanistan, the question of 'what's next?' is probably on their minds. ROBERT MAHONEY explores the various possibilities with Afghan specialists. ROBERT MAHONEY Reuter WHAT WILL HAPPEN in Afghanistan if peace breaks out
      Reuter  -  648 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      194 10 The legend in Jakarta takes you to the heart of business matters. tSSGEQEMBB> Sfe !T^ p-w in» w <!»T MANDARIN ORIENTAL JAKARTA Mandarin Oriental Jakarta is well placed to be the ideal hotel for busy executives. It is the only grand luxe hotel situated right in the middle of the
      194 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      701 10 CRYPTIC PUZZLE ACROSS 3 A "switched on" light orchestral piece (5) 8 Show that you shoulder no responsibility (5) 10 Like the road to success in court circles (5) 11 Deprive of some familiar objects (3) 12 To Len, perhaps, from John (5) 13 Sons of cowmen? (7) 15 Stop
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1249 11 tfO QBE) aaQQQ 12 PM Opening Announcement and Programme Highlights followed by Carol Burnett And Friends. Carl Reiner appears as guest on tonight's show. Ring Of Fire Dance Of The Warriors (See highlights). Only Fools And Horses Sleeping Dogs Lie. Cosmopolitan Theatre The Charmer: Gorse, In The Middle. World Music
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  • SPORTS & LEISURE
    • Article
      Line-up for Davis Cup team being finalised
      372 12  -  By WALTON MORAIS SINGAPORE'S Davis Cup tennis team will be finalised this week with the singles and doubles combinations sorted out for the April 8-10 encounter against Syria in Damascus. Singapore Lawn Tennis Association secretary Major S Uthrapathy told BT that four of
      372 words
    • Article
      Lock icon Fernandez scores astounding win over Sabatini
      614 12 AP MARY JOE FERNANDEZ stunned No 3 seed Gabriela Sabatini of Argentina 6-4, 6-7, 6-3 last Sunday to join top-seeded Steffi Graf of West Germany in advancing to the women's quarterfinals of the Lipton International Players Championships Fernandez, a 16-year-old high school junior from
      AP  -  614 words
    • Article, Illustration
      Lock icon Tyson knocks out Tubbs
      823 13 Challenger lasts two rounds NYT JON TO THE LIST of fighters both obscure and renowned the name of Tony Tubbs, who yesterday at the Tokyo Dome became Mike Tyson's 30th knockout victim. The end came for Tubbs at 2:54 of the second round For his trouble
      NYT  -  823 words
    • Article
      Lock icon Foreman and Qawi intend to stay in the ring
      363 13 UPI FORMER champions George Foreman and Dwight Muhammad Qawi plan to continue fighting despite Saturday night's poor showing in a scheduled 10-round heavyweight bout "They've got commercials to put in, I can't send everyone home earty," Foreman said after he scored
      UPI  -  363 words
    • Article, Illustration
      Lock icon Celtics beat Bulls for playoff berth
      449 13 AP LARRY BIRD scored 33 points and Boston s defence contained Michael Jordan as the Celtics defeated the Chicago Bulls *****7 on Sunday, clinching a National Basketball Association playoff berth. Jordan, who scored 50 points in a 113-103 Chicago victory over Boston on Friday
      AP  -  449 words
    • Article
      Lock icon Transsexual golfer faces prejudice
      512 13 AP CHARLOTTE ANN WOOD is one of America's top female golf amateurs and last year made it to the semifinals of the prestigious women's mid-ama'eur championship, but competitors question her eligibility because she once was a man. Six years ago Thomas "Tommy" Wolff underwent sex reassignment
      AP  -  512 words
    • Article
      Lock icon Davis steers England to World Cup snooker win
      180 13 AFP STEVE OA VIS played a true captain's role as England claimed snooker's World Cup for the third time. England. World Cup winners in 1981 and 1983, trailed unfancied Australia 7-5 when Davis came to the table, but the world champion proved
      AFP  -  180 words
    • Article
      Lock icon Winner Azinger leaves his rivals trailing
      205 13 Reuter AMERICAN Paul Azinger fired a brilliant five-under-par 66 last Sunday to run away from the field and capture the U*****,000 Bay Hill Classic with a 13-under-par 271 total Azinger, who began the round one shot ahead of compatriot Tom Kite, duelled with his
      Reuter  -  205 words
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      Page 12 Advertisements Column 1
      200 12 4 COURVOISIER XO-Where to eat, drink... R>r the health-conscious, weight-watchers or simply lovers of greens, we present you Daily from 11 am to 2 pm at Cafe Vienna For $8.90 you can tuck into more than 35 varieties of salads, eight dressings, eight condiments, soups, breads, mils and fresh fruits.
      200 words
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      Page 12 Advertisements Column 2
      169 12 Penang Hawker Food by authentic Penang Hawkeis P.S. All other enthusiasts of good food are also welcome Select from: Hokkicn Mcc San Ceng Rou Assam Laksa fl Chao Guo Tiao f Nasi Kandar 1 Ovster Omelette It Lunch: 12 noon 2.30 pm Dinner: 7 pm 10.00 pm Inchi Kabin Curry
      169 words
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      Page 12 Advertisements Column 3
      115 12 TANTALISING FEAST OF FAMILIAR FAVOI HITf Help yourself to more than 15 delicious dishes, including tasty seafood and braised meats, lip-smacking condiments. To go with steam ing-hot Vy porridge or rice, Dinner is from 7pm to 12 midnight. Walk, drive or take the train...Somerset MRT Station is just at our
      115 words
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      Page 12 Advertisements Column 4
      176 12 Enjoy Our Prompt Efficient Service In Cool, Quiet Cosy Atmosphere WESTERN/CHINESE/ LOCAL CUISINE Banquets Cater For Lunch Dinner Meetings Wedding Occasions, Birthday Parties At Sl4l- Onwards Per Person or Other Occasion With Function Rooms (Free of Charge) For 60 And Above. Taped Disco Music for your dancing pleasure. wHOTEL GRAND
      176 words
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      Page 12 Advertisements Column 5
      220 12 Mandarin Singapore presents Neil Simon's BAREFTOT IN THE RVRK The smash comedy that took Broadway and West End by storm! Neil Simon at his best-." Washington Post. makes you want to take off your shoes and dance barefoot down the street™" New York Daily News. Venue: Mandarin Ballroom 23 24
      220 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      279 13 and entertain 4 ♦V A <5 ~*7 Kiwi Offerings from the Land and Sea From the land of the Kiwis we brtng you a moit bountiful fare We'l be oiering only the mott tantalising items from the land and tie sea at our New Zealand Meat and Seafood Promotion Rock
      279 words
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      Page 13 Advertisements Column 2
      174 13 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET WITHER IS THE CHOICE OF MAIN OXRSFS. SSK or tw^en $26+ and $40+ you tan select from our appetiser UKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses. And finish with mouthwatering
      174 words
  • Page 13 Miscellaneous
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  • MONEY AND EXCHANGES
    • Article
      Simex
      387 14 JUNE Eurodollar opened sharply lower yesterday than Friday's close at 92.74 in Simex. The market remained depressed during the session with prices fluctuating between 92.74 and 92.72 in the June contract. The June contract managed to settle 12 ticks lower at 92.74 in quiet trading due to the closure
      387 words
    • Article
      Lock icon Forex markets
      1368 14 Reuter Reuter SINGAPORE: THE US DOLLAR ended lower yesterday on selling interest and prof-it-taking, while sterling traded higher on commercial and interbank buying. Attention is focused on crosstrading in sterling/yen, mark/yen and sterling/mark because operators see little potential for dollar/yen and dollar/mark movements, dealers said. Sterling traded at
      Reuter  -  1,368 words
    • Article
      Lock icon Asian $ market
      259 14 Asian market Reuter ASIAN DOLLAR deposit rates yesterday closed little changed from opening levels in quiet trading. Prices were about unchanged to slightly higher at the outset following a rise in US bond prices amid renewed concern over inflation and rising commodity prices. Thereafter rates remained little changed with operators
      Reuter  -  259 words
    • Article
      World interest rates
      175 14 Interbank market rates (offer/bid) on March 21 us$ DM SWFC Y«n 7 doyt 6 3/4 5/8 s j/e 1/2 3 7/16 S/16 1 1/2 1/4 4 9/16 7/16 1 m#< 6 13/16 11/16 8 5/8 1/2 3 7/1* S/l* 1 11/16 9/16 4 11/16 9/16 3 m*i
      175 words
    • Article
      Lock icon IMM
      256 14 Reuter IMM foreign currency futures finished mostly lower on Friday, with Japanese yen scoring the only daily gains in spotty activity. Prices hit new session highs and fresh lows several times as locals moved in and out in generally light trade marked by occasional bouts of institutional activity. traders
      Reuter  -  256 words
    • Article, Illustration
      Money markets
      72 14 THE OVERNIGHT rate on the Singapore interbank market fell by point to end at 3* per cent yesterday Term rates remained unchanged across the board Indicates the average of the prim* lending rates of 12 ma (or banks In S'pora S$ Interbank rotes at 12 noon yester day:
      72 words
    • Article
      Government securities market
      86 14 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID Of FEB HIGH LOW 3 months BQ*****N 1 6.6.88 2.95 2.90 2.97 2.89 6 months BY*****S 30.6.88 2.98 2.93 1 year BY*****T 24.11.88 3.08 3.03 3.06 3.05 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      86 words
    • Article
      Options
      1617 14 CURRENCY FUTURES OPTIONS Mondoy, More* 21, 1988 DEUTSCHEMARK (SiMEX) Apr M calk Apr H putt 54 55 M 57 58 59 60 61 62 63 64 65 66 67 66 32 170A 85a 29 3A 169 84 32 2 CA8 CAB CA8 CAB CAB CAB 17 130 2358 5A
      1,617 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      75 14 m m i a aflS > •4" V *i w M For a welcome change, Hop on the train and head for Raffles. Lunch today at The Elizabethan Grill of Raffles Hotel, where we present traditional English food. We're conveniently close to City Hall MRT Station, just a stop or
      75 words
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      Page 14 Advertisements Column 2
      9 14 IB BANQUEINDOSUEZ 3 Shenton Way, Shenton House, Singapore 0106
      9 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Financial institutions are banking on a side line
      493 15 Foreign exchange business finds fresh favour Reuter MANY INTERNATIONAL BANKS and other financial institutions have targeted foreign exchange as a key activity to prop up sagging profits damaged by the Third World debt crisis and last year's share market crash, bankers and
      Reuter  -  493 words
    • Article, Illustration
      Lock icon New German capital adequacy rules may be less stringent
      463 15 Reuter PLANS BY banking supervisors to tighten West German capital adequacy laws may turn out to be less stringent than expected, according to bankers after a meeting in Berlin last week. Officials from banks and bank associations, regulators and supervisors also
      Reuter  -  463 words
    • Article
      Lock icon 'Higher pound makes UK less likely to join EMS'
      156 15 AFP THE RECENT appreciation of the British pound has reduced the likelihood of Britain joining the European Monetary System (EMS), former Bank of England chief adviser Charles Goodhart said in Hongkong yesterday. He said the British government had sacrificed wider international
      AFP  -  156 words
    • Article
      Lock icon China supports HK$ link to greenback
      81 15 Reuter CHINA supports the current link between the Hongkong and the US dollar. The New China News Agency yesterday quoted Acting Premier Li Peng, state councillor Ji Pengfei and People s Bank governor Chen Muhua as saying they backed the Hongkong government's position. This
      Reuter  -  81 words
    • Article
      Lock icon G-7 meeting expected in mid-April
      83 15 Reuter A GROUP OF SEVEN meeting of finance ministers and central bank governors is likely to be held in Washington in mid-April, the Japanese newspaper Asahi Shimbun has said. The newspaper, quoting government sources, said on Sunday the meeting was expected to take place when
      Reuter  -  83 words
    • Article
      Lock icon Union Bancorp drops plan to acquire Western
      92 15 Reuter UNION BANCORP, a unit of Standard Chartered PLC, says it and Western Bank Holding Co have mutually decided to terminate the previously agreed upon acquisition of Western by Union. The move comes as a result of Standard Chartered's decision last month to
      Reuter  -  92 words
    • Article
      Lock icon Manila's restructuring hits snag over interest rates
      350 15 Reuter A DISPUTE OVER interest rates is stalling the restructuring of Manila's official debts to Japan and the US, the Philippines' two biggest government creditors. finance officials have said. Finance Secretary Vicente Jayme said negotiations was continuing with four of the country's 14
      Reuter  -  350 words
    • Article
      Lock icon Unique 'safety card' offers insurance coverage
      116 15 Bernama ES A UNIQUE CARD service called the "safety card" has been introduced into the Malaysian market to provide inexpensive insurance coverage and a host of other benefits. The new service is targeted particularly at those in the low- er income group, said Megah
      Bernama ES  -  116 words
    • Article
      Lock icon Takeover talks
      37 15 Reuter THE Royal Bank of Scotland Group PLC is holding takeover talks with Citizens Financial Group Inc. a Rhode Islandbased banking firm with current market capitalisation of US$37O million, the bank said yesterday in London.
      Reuter  -  37 words
    • Article
      Lock icon Turkey plans to borrow another US$1b on world capital markets
      327 15 Reuter TURKEY PLANS to raise a further US$l.l billion on international capital markets this year to help service its foreign debt and has no plans to seek a rescheduling Central bank governor Rusdu Saracoglu said on Sunday that the government
      Reuter  -  327 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      133 15 Bangkok with Thai r > m i.. fa m n n I^' V A V I n -w 3 K i M >: ff %v r<. 0 4 Night J "i v^.Daily As you can see, our daily flights to Bangkok are as regular as your three main daily meals.
      133 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Shares rise across the board in fairly active trading
      4668 16 THE SINGAPORE stock market continued to rally yesterday, with share prices closing higher in fairly active trading. The leading market index closed at a new post-Crash high. Brokers said share prices rose across the board on sustained buying support by retail
      4,668 words
    • Article
      Business done on the SES
      3739 16 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units uni— otherwise specified. All Time Settlement Contracts ~-re quoted after the word "SETT"
      3,739 words
    • Article
      COMPANY MEETINGS
      75 16 THE WILKINSON PROCESS RUBBER Company Berhad: 56th AGM at No 70. Jalan Ampang, Kuala Lumpur, today. at 2.30pm. GENERAL SECURITIES INVESTMENTS Limited: 13th AGM in the Function Room of The Development Bank of Singapore Ltd. 45th Storey. DBS Building. 6 Shenton Way. Singapore 0106 on Monday. March 28.
      75 words
    • Article
      Unit trusts
      287 16 Managers' prices Japan Gr Fund Shenton Thrift Fund I 56 082 I 60 082 for March 22 Singapore Unit Trust UOB Management The Commerce The Savings Fund «o o o 101 0 87* Unifund Unibond 087 0995 087 I 02 S pore Prog Fund S pore Sec Fund
      287 words
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  • COMPANY NEWS
    • Article
      Amcol proposes bonus issue and unchanged dividend
      452 17  -  By AMY BALAN FOR THE SECOND consecutive year, local electrical product manufacturer and trader Amcol Electrical Industries Ltd is proposing a one-for-10 bonus issue and an unchanged dividend of 10 per cent. Amcol chalked up a 61.4 per cent rise in pre-tax profit
      452 words
    • Article
      Lock icon HK Hyatt owner admits HK$18.1m revenue error in interim results
      206 17 Reuter ASSOCIATED International Hotels Ltd (AIH) and its parent company Tian Teck Land Ltd, owners of Hongkong's Hyatt Regency Hotel, admitted reporting turnover figures that were HK$lB.l million less than the correct figures in their 1987 interim results. The disclosure
      Reuter  -  206 words
    • Article
      Singapore Land turns in lower profits of $10.81 million
      451 17 PROPERTY GIANT Singapore Land Ltd has posted a 17.24 per cent drop in pre-tax profits to $10.81 million for the six months ended February, 1988, but bot-tom-line profits fell more sharply after accounting for taxation and losses from associated companies. Group
      451 words
    • Article, Illustration
      Metalock makes public offer of seven million shares
      558 17  -  Application closes on March 30 By CORRINA LIM THIRTY YEARS ago, a Swede came to Singapore with $300 to start a one-man repair business. Today, he is floating the company's shares on Sesdaq. At a press conference yesterday. chairman and managing director
      558 words
    • Article
      APPROVED ISSUES
      12 17 Company BONUS ISSUE Kamunting Tin fo«f-ter on® E«-do»« Mor 25
      12 words
    • Article
      RESULTS DUE
      314 17 LAST FULt YEAR Canpcmy »wtod Dot* ▼•or MM en G'oti onwRttl andkig lMM.1 p-eht loo r*o» ($'0001 K I lndu*»rl#« final Mar 13 Od 87 ***** MIS Final Mar 13 Dec 87 222 21 0 16 998 Od Hontotton* Final Mar 16 Doc 07 6 Ho» 25TE<al 9.106
      314 words
    • Article
      Lock icon MISC profits rise 19pc to M$288m
      357 17 MBT MALAYSIAN International Shipping Corporation has reported a 19 per cent increase in group pre-tax profit to M 5288.27 million for the year ended Dec 31. 1987. This was achieved on the back of a group turnover of M 51.38 billion, 14 per cent
      MBT  -  357 words
    • Article
      Telecoms GM appointed SPH director
      69 17 ANOTHER DIRECTOR has been appointed to the board of Singapore Press Holdings, said a statement from the company yesterday. Mr Wong Hung Khim, the current general manager of the Telecommunication Authority of Singapore, has been appointed to the SPH board from March 19. Mr Wong
      69 words
    • Article
      Lock icon Lower tax charge boosts profit at Shell Refining by 45 per cent
      272 17 MBT SHELL Refining Company (FOM) Bhd has reported a 17.6 per cent increase in pre-tax profit to M 572.95 million for the year ended December 31, 1987. The increased profit, attributed to higher sales of whiter products and
      MBT  -  272 words
    • Article
      Lock icon Sale of FPI will help to stem losses for M Feedmills
      184 17 MBT MALAYSIAN Feedmills Ltd's (MFL) proposed sale of whollyowned subsidiary Frozen Poultry Industries (FPI) will help to stem losses from unprofitable subsidiaries. Disclosing in its circular to shareholders the proposed sale, MFL said the sale is also in line
      MBT  -  184 words
    • Article
      MBL seeks indemnity for two directors on Lion board
      247 17 MALAYAN BREWERIES Ltd has taken the step of seeking indemnity for its two representatives on the board of New Zealand brewer Lion Corporation, in its latest court action. This relates to the merger of Lion Corp with retailer LO Nathan on
      247 words
    • Article
      RESULTS OVERDUE
      215 17 LAST FULL YEAR Company Period Dot* Year Net EPS Gross Net profit announced •nding (cants) div last year ($•000) Minebea Interim Jul 21 Sep 87 169 230 2.907(g) Duta Cons Final Aug 28 Dec 86 4,8481 Fed Cobles Final Sep 12 Jun 87 6.1751 (i> kit Wood Interim
      215 words
    • Article
      PROPOSED ISSUES
      342 17 Company RIGHTS ISSUE A M D B One-for four $0 50 per shore C 1 Holdings 27 million loon stocks in the ratio of S3 loon stock tor every five ordinary shares held Duto Cons One for one 10 per shore FACB One-tor-one $060 per shore Hexza Corpn
      342 words
    • Article
      Lock icon Pernas Sime Darby chief outlines group's goals
      374 17 NST THE RESTRUCTURING of Pernas Sime Darby Holdings "will not mean anything until we make things happen." newly appointed managing director Din Merican has said Foremost on the new management s mind is the re-orientation of the work culture of its people. Put
      NST  -  374 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      96 17 INVEST-A-MATIC Ij tTH® A NEW SERVICE FROM eric so n s Vital information for Fundamental and Technical Analysis is now instantly at your disposal with Invest-A-Matic Dividend Yields. Market Capitalisation, P E Ratios and much more are availablei Charts of SES/KLSE stocks can now be plotted as well as leading
      96 words
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      Page 17 Advertisements Column 2
      124 17 k f» Knight Frank Cheong Hock Chye Baillieu FOR SALE BY TENDER BY ORDER OF THE EQUITABLE OWNER FREEHOLD DEVELOPMENT SITE AT BT. TIMAH/CLEMENTI ROADS Location: At strategic junction of Bt. Timah Clementi Roads, opposite Ngee Ann Polytechnic. Generally flat, trapezoid-shaped land with a total frontage of about 137 m.
      124 words
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  • REGIONAL MARKETS
    • Article
      Lock icon S Korea, Airbus holding talks
      265 18 Participation contract sought AFP NEGOTIATIONS are being held on possible South Korean participation in the A 330/340 Airbus programme. Aerospatiale Avions's manager, Jacques Plenter. said in France last Friday: "South Korea is an excellent customer for our aircraft. "We thought it normal, m view of
      AFP  -  265 words
    • Article
      Lock icon China to buy four Boeings
      74 18 AP THE CANTON branch of China's national airlines. CAAC will add four Boeing 757 passenger jets to its fleet. Official sources in Beijing said the four mediumrange planes, with a total value of US$lOO million. are scheduled for delivery at the end of this year
      AP  -  74 words
    • Article
      Lock icon Cathay Pacific's '87 earnings above expectation
      235 18 Reuter HONGKONG-BASED Cathay Pacific Airways Ltd has announced higher-than-expected earnings in 1987, but said that 1988's performance is unlikely to be as good. It announced net profits of HKS2.I2 billion for 1987 against HKJI.23 billion in 1986 and market forecasts of HK$l.B billion to
      Reuter  -  235 words
    • Article
      Lock icon Hyundai labour activists arrested
      93 18 AFP A UNION LEADER and three striking workers at Hyundai. South Korea's most powerful industrial group, were arrested on Saturday for inciting wildcat strikes. Mr Kwon Yong-Mok, a former president of the Federation of Hyundai Labour Unions, and three other labour activists were arrested in Ulsan,
      AFP  -  93 words
    • Article
      Lock icon Profits for Hang Lung and Amoy rise sharply
      115 18 Reuter HANG LUNG Development Co Ltd and its investment property subsidiary, Amoy Properties Ltd, have reported sharp increases in 1987 interim profits. Hang Lung posted a net profit of HKJ322.76 million for the six months to Dec 31, a 30 per cent
      Reuter  -  115 words
    • Article
      KL prices close firm
      3239 18 STRONG BUYING support in the afternoon enabled the Kuala Lumpur stock market to close firm across the board yesterday. Dealers said the bullish sentiment was sparked oft by news of the signing of 1 the multi-million ringgit north-south highway contract between the government and United Engineers
      3,239 words
    • Article
      Lock icon Union workers ratify deal with Mazda
      104 18 AFP UNION WORKERS at the only US car assembly plant operated by the Mazda Motor Corp have ratified a contract with the Japanese car maker giving Mazda car workers wage parity with Fora workers. Sources said 90 per cent of 3.000 local union members
      AFP  -  104 words
    • Article
      Lock icon Sydney
      448 18 Reuter GAINS were made across the board on the Australian share market yesterday but leading industrials came off their highs near the close, brokers said. They noted that leading stocks needed to consolidate gains made after a week of solid market rises. "The market did run out of steam
      Reuter  -  448 words
    • Article
      Lock icon Bangkok
      159 18 Reuter THE SECURITIES Exchange of Thailand Index rose 4.08 to 400.31 yesterday on a turnover of 12,083,463 shares worth 1179.98 million baht. MAR *1 ®AMT fAo Kham Thai ias -2 Ayudhya Investment Bangkok Agro-lnd 161 5 Bangkok Bank 337 2 Bank Ot Ayudhya 360 4 Charoong Thai Wire 459
      Reuter  -  159 words
    • Article
      Taipei
      274 18 MA* tl WT AO S*nc*'a vidua Am Garwnl C*V\»y Gon* Chang "art Bana CNn( Lacng Ctoa H«n Gaffwnt Owi Hain F lour Crt-na C*M« C>€. re jo 85 00 333 00 wu 60 00 X so U 40 t2»» -»0 16 t •35 1 -0» <01 wftcfr Owna E»ae
      274 words
    • Article
      Manila
      86 18 MAN >1 «»W <- Acnp* Mining Anglo Ptlll 0 0'? Afim, V<n.ne 0 0 03? M"C#< Mm Con a M uncfi Baguia Go*d B«*« P*troW«) 0 0t« bncn 6*ngw«l Go»> 0 K wnOi Fw*» Ptui Miag* 1 wncft »o*rnc> 8 t. *6 40< Marcootw n 90 4 I MtraW*
      86 words
    • Article
      Mild downturn
      1468 18 Hongkong ON THE Hongkong market yesterday, the Hang Seng Index shed 4.8 points to 2.602.8 while the broaderbased Hong Kong Index dropped 2.15 points to 1,706.24. Dealers noted that the mild downturn followed the Hang Seng's best score recorded on Friday since the October crash. The morning market
      1,468 words
    • Article
      Seoul
      115 18 MAM tl WON Oa>i Supar uooo -WO Oaaftin «o<j 2UOO (0 O«n»oo Co»p ?"00 Id O»»oo nn>) 'SOW 3a 0*l«fMr. $*cuf-ii«s ***** m Dong A* PtttJ MUC Ufiet Dong S»y» S»oc» <UK -wo S>m< GoW &>■• M«n,< (M ;'u.' ***** (1390 *MOO 3d (00 TO ■toe (Ton >3M0 30
      115 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      492 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND FLEXAL INDUSTRIES PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 1 Colombo Court #04-06 Singapore 0617 on the 15th day of March 1988 the following Special Resolution was
      492 words
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      Page 18 Advertisements Column 2
      513 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND XIE RONG PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed Company will be held at
      513 words
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      Page 18 Advertisements Column 3
      8 18 Talks on Airbus subsidies to continue, Page 19
      8 words
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      Page 18 Advertisements Column 4
      5 18 Ford abandons plana, Paga 19
      5 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Fight for Societe Generale: cost may prove too great for the winner
      563 19 AFP TWO POWERFUL European groups will come face-to-face next month in their multi-billion-dollar battle for Societe Generale de Belgique (SGB) fully aware that the whole conflict could end in a pyrrhic victory. So far, around US$3 billion have
      AFP  -  563 words
    • Article, Illustration
      Lock icon Unions blamed as Ford abandons plans for Scottish factory
      447 19 Reuter THE FORD car company has blamed obstructive British trade unions after abandoning plans to build a factory which would have provided 1,000 jobs in an area of Scotland stricken by unemployment. The loss of the £40 million electronic components plant
      Reuter  -  447 words
    • Article
      Selected indices
      130 19 HONGKONG Hongkong Indec momksv i roe, ?4 fr<3ay t.TfJS 39 Wee* ago 49i 5g Hang Seng Index 2402BD '"Oa, J 40?40 *VM» OQO 258*40 All Indi/strlots Monday 530 7 »'xto» ***** Week ogc 7 <V70 NEW YORK Dow Jones 3 087 37 TSirylay 064 04 Wee» 09c J
      130 words
    • Article
      Lock icon Merv Griffin makes offer for Resorts international
      246 19 AP ENTERTAINER Merv Griffin who late last year entered the hotel business by paying US$lOO million for the Beverly Hilton has offered US$35 per share, or US$225 million, for Resorts International Inc. Resorts operates a casino, and owns and operates hotel facilities with
      AP  -  246 words
    • Article
      Lock icon Talks on Airbus subsidies to continue
      120 19 Reuter US AND EUROPEAN trade ministers said last Friday they had made important progress towards settling their long-running dispute over government subsidies for the European Airbus and agreed to continue negotiating. Mr Willy de Clercq, the European Commissioner for External Affairs, announced after a
      Reuter  -  120 words
    • Article
      Lock icon Pearson eyes stake in Spanish paper
      131 19 Reuter PEARSON PLC is considering acquiring a 45 per cent stake in Cienco Dias, the Spanish financial daily newspaper. The Financial Times (FT), a subsidiary of Pearson, said the UK printing and banking group had been offered the stake in the Madrid-based newspaper and
      Reuter  -  131 words
    • Article
      Lock icon Beazer raises offer for Koppers
      168 19 Reuter BEAZER PLC, a British building products company, has offered to increase the terms of a proposed merger with Koppers Co Inc to US$56 a common share from US$45. In a statement, Koppers chairman Charles Pullin said Koppers's board would consider the new proposal. But
      Reuter  -  168 words
    • Article, Illustration
      Lock icon Corporate takeovers bounce back to life in US
      841 19 Companies beginning to rethink their basic approach NYT THE SURPRISING revival of corporate takeovers in the US since the beginning of the year turned into a bidding frenzy last week In a series of takeover attempts, one major US corporation after another
      NYT  -  841 words
    • Article
      Lock icon Black & Decker has better chance of winning American Standard despite lower bid
      860 19 Black Decker has better chance of winning American Standard despite lower bid NYT THROUGH A QUIRK of timing. Black Decker Corp stands a fairly good chance of winning a battle to take over American Standard Inc, even though it is trailing in a bidding contest by more than US$3O million.
      NYT  -  860 words
    • Article
      Lock icon Passat to boost VW's business
      168 19 Reuter VOLKSWAGEN AG's revamped Passat will boost VW's share of the medium-range car market and help secure the group's position as Europe's leading carmaker. Management board chairman Carl Hahn, who was in Nice, France, last week for a presentation of the Passat, said the new
      Reuter  -  168 words
    • Article, Illustration
      Lock icon Porsche drives into rough patch
      376 19 Reuter GROUP TURNOVER at luxury carmaker Porsche AG dropped 14.5 per cent to 1.46 billion marks in the first half of the year which ends on July 31, 1988 The company added in a statement that developments so far this business year had been influenced
      Reuter  -  376 words
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  • Article
    China said to be offering Taiwanese business special treatment
    285 20 AUTHORITIES in China are reportedly planning to offer Taiwanese businessmen preferential treatment and guaranteed confidentiality if they invest in Guangdong province, Hongkong's South China Morning Post reported yesterday. The newspaper said tax and land use benefits being offered to the Taiwanese
    285 words
  • Article
    SKF boosts Asian-Pacific presence with China plans
    183 20 SKF, the world's biggest producer of rolling bearings, is increasing its presence in the Asian-Pacific region. With Singapore as its regional centre, SKF is fanning out to as far as China, according to Mauritz Sahlin, SKF's president and group chief executive, yesterday. Part
    183 words
  • Article
    Tote Board registers club to take over horse racing and 4-D draws
    513 20  -  By WALTON MORAIS BUKIT TURF CLUB has been registered to take over horse racing and four-digit draws in Singapore. The club, owned by the Singapore Totalisator Board (Tote Board) and which was registered yesterday, will be headed by
    513 words
  • Article
    HK faces serious brain drain, says risk consultancy company
    614 20  -  Some 10pc of population expected to emigrate By HARISH MEHTA ALMOST 10 per cent of Hongkong's 5.6 million population is expected to emigrate in the next 10 years, says a risk consultancy company. Hongkong is "rapidly developing a reputation for becoming
    614 words
  • Article, Illustration
    Lock icon PM Lee sees potential for greater S'pore-Pakistan trade
    430 20  -  By RICHARD SEAH HISTORICAL REASONS, and not a lack of potential, explain the low level of trade between Pakistan and Singapore, according to Prime Minister Lee Kuan Yew. Talking to Singapore journalists yesterday before ending his five-day official visit to Pakistan, Mr
    Picture by Francis Ong  -  430 words
  • Article
    Zia's courage wins Lee's admiration
    366 20 THE COURAGE displayed by Pakistani President Zia-ul-Haq and the Afghan resistance fighters following the Soviet invasion of Afghanistan in 1979 has won great admiration from Prime Minister Lee Kuan Yew. "My highest praise goes to President Zia for the stand he took when Afghanistan was
    366 words
  • Article
    Lock icon Seoul determined to raise value of won further
    534 20 Reuter ECONOMIC planners in Seoul under strong pressure from Washington to slash South Korea's trade surplus with the US are determined to further increase the value of the national currency in spite of opposition from exporters and economists The won has already
    Reuter  -  534 words
  • Article
    Lock icon Japan must raise its defence might, says Takeshita
    192 20 AP Reuter JAPANESE PRIME MINISTER Noboru Takeshita told graduating military cadets yesterday that Japan should increase its defence capabilities at a pace appropriate for its economic power. "We have become a leading economic power in order to aim at being a nation
    AP; Reuter  -  192 words
  • Article
    Comex gold and silver
    95 20 COMEX gold futures firmed on early buying yesterday morning, spurred by renewed weakness in the dollar and bonds. Firmer crude oil prices helped. The leading April delivery added US$2 20 at US$447 40 an ounce which penetrated last Friday s high of US$446 20. Comex silver
    95 words
  • Article
    Lock icon Indonesia will have to import rice this year'
    277 20 Reuter INDONESIA'S hard-won self-sufficiency in rice is endangered by drought, rising population, and dwindling farm land, the US Embassy in Jakarta said yesterday. South-east Asia s largest agricultural producer will need to import 500.000 tonnes of rice, its main staple. this year,
    Reuter  -  277 words
  • LATE FILE
    • Article
      Lock icon Guangdong plans bond issue
      50 20 Reuter GUANGDONG province in southern China is planning a 20 billion Euro-yen bond issue through its investment arm Guangdong International Trust and Investment Corp, banking sources said yesterday. The five year deal will be launched by LTCB International Ltd in London in the near future. Reuter
      Reuter  -  50 words
    • Article
      Lock icon China's HK spokesman
      56 20 AFP A TOP Chinese official based in neighbouring Guangdong province is likely to become China's new spokesman in Hongkong, a local Chinawatching magazine said yesterday. Lin Ruo, 62. currently secretary of Guangdong's provincial party committee, will take over the directorship of the local branch of the official
      AFP  -  56 words
    • Article
      Lock icon Seoul to reduce customs duties
      45 20 UPI SOUTH Korean Financial Minister Sakong II said yesterday the country will sharply reduce its customs duties on incoming foreign products this year. He said he hoped lower tariffs and customs duties would bolster competitiveness for South Korean enterprises UPI
      UPI  -  45 words
    • Article
      Lock icon Reunification talks broken off
      40 20 UPI NEGOTIATIONS to unite South Korea's fractured opposition before general elections next month broke off yesterday with the Reunification Democratic Party saying it will move ahead with plans to nominate an independent slate of candidates. UPI
      UPI  -  40 words
    • Article
      Lock icon N Korean forces on full alert
      30 20 AFP NORTH Korea yesterday placed its armed forces on full alert in response to what it called "provocative" annual joint Korean military exercises. AFP
      AFP  -  30 words
    • Article
      Lock icon Taiwan export orders fall
      37 20 Reuter EXPORT ORDERS for Taiwanese products fell 6.95 per cent to US$4.l5 billion in February from U554.46 billion in January, but were up 10.08 per cent from U553.77 billion a year earlier. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Indian troops search houses
      47 20 AFP INDIAN troops looking for Tamil rebels yesterday launched a house-to-house search in a key Sri Lankan town, residents said. Up to 1.000 soldiers conducted the operation over a wide area in eastern Batticaloa. about 300 km from Colombo, for some fourliours. AFP
      AFP  -  47 words
    • Article
      Lock icon Airport firemen back to work
      48 20 Reuter FIREMEN at Auckland airport called off a two-day strike that disrupted hundreds of flights after announcing hat all their demands had been met. Airlines said it would take at least another day to restore normal services through New Zealand's major airport. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Aquino vows to enforce law
      32 20 AP PRESIDENT Corazon Aquino vowed yesterday to enforce the law if landowners carry through with threats to take arms to oppose her government's land redistribution programme. AP
      AP  -  32 words
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      Page 20 Advertisements Column 1
      83 20 Decisions, decisions.The least you should worry about is the bed you sleep on. ajjigTi Vou re rrvftea to come «md fee on our wale<t)eds 'or up to 10 hours r\ our pnwate rooms and experience Itie atfference tor yourself EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of
      83 words
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      Page 20 Advertisements Column 2
      287 20 See Page 5 ADVERTISEMENT (OMMIMQI I Senior Delegates from Societe Generate, France's largest privatized bank on official visit A high level delegation of Societe Genirale. led bv Mr Jean,-Marie Wevdert. General Manager of the International Division and Mr Ravmond Gely. Head of Asia-Pacific and Africa, comes to Singapore for a
      287 words
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  • SHIPPING TIMES
    • Article
      S'pore shipmanagers face register problems
      675 21  -  By LINDA CHEE SINGAPORE shipmanagers who have not actively sought foreign-flag business in the past are fast changing their tune because of problems connected with the Singapore register. Companies which have been previously successful in wooing ships to the Singapore flag said that tax uncertainties
      675 words
    • Article
      Lock icon British association to introduce new worldscale on Jan 1
      260 21 Reuter A COMPLETELY new schedule of recommended nominal freight rates to assist operators in chartering oil tankers will be introduced from Jan 1. 1989, the Worldscale Association (London) said. The new scale, to be known as "the New Worldwide Tanker Nominal
      Reuter  -  260 words
    • Article
      Lock icon India will restructure loans to companies
      107 21 Reuter THE INDIAN government will restructure up to 7.8 billion rupees of loans to shipping firms to help them over the worldwide shipping recession. Indian Minister of State for Finance Eduardo Faleiro told parliament. He said the Shipping Credit and Investment Co of India
      Reuter  -  107 words
    • PORTSIDES
      • Article
        Lock icon Japan likely to group engine makers
        99 21 Seatrade Week THE JAPANESE Ministry of Transport has begun the rationalisation of its diesel ship engine industry. Though the final plans will depend on talks which are being held with the manufacturers, the industry is likely to be reorganised into possibly three groups based
        Seatrade Week  -  99 words
      • Article
        Lock icon TIM's expansion
        103 21 Fairplay TRANSPORT Intermediaries Mutual. TIM. the Thos R Miller (Bermuda) managed mutual for marine intermediaries such as ship agents and brokers has become the largest in its field just three years after its launch. With more than 400 members from 48 countries and an annual premium in excess
        Fairplay  -  103 words
      • Article
        Neptune Subaru sets sail again
        52 21 THE Neptune Subaru which was hit by Iranian gunboats last Friday set sail yesterday after repairs The 87.000 dwt tanker, owned by Trilith Shipping, sustained minor damage when it was hit at three spots on the starboard side two metres above the water-line. No one
        52 words
    • Article
      CONSORTIA
      164 22 .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
      164 words
    • Article
      Senator Linie's global service turns in US$39 million
      109 22 SENATOR LIME, newcomer in round-the-world services, has confounded West German shipping sceptics by turning in US$39 million last year. The company is planning to consolidate its operations this year and maintaining its fleet at 12 container ships of average 1,200 TEU capacity.
      109 words
    • Article
      Lock icon Continued unrest in Panama may cloud canal's future
      698 22 AP THE POLITICAL crisis gripping Panama has barely touched the Panama Canal, but some officials say continued unrest could cloud its future. Panamanians have given the waterway, which is so vital to their nation's economy, cautious treatment during the weeks of turmoil.
      AP  -  698 words
    • Article
      UK employee-owned firm buys Allied Van Lines
      233 22 NFC, the British employeeowned transport and freighting specialists, has secured ownership of Allied Van Lines. Allied is a leading US removal company with a turnover approaching US$6OO million and an interstate network of 790 domestic agents covering over 1,150 cities in America. The
      233 words
    • Article
      INDEX TO ADVERTISERS
      783 22 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africo Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 »/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
      783 words
    • Article
      Lock icon Escap holds seminar to find ways of checking maritime fraud
      167 22 Bernama A THREE-DAY sub-regional seminar aimed at finding effective means of checking the increasing maritime fraud, opened in Manila yesterday. The seminar, organised by the UN Economic and Social Commission for Asia and the Pacific (Escap) t was attended by
      Bernama  -  167 words
    • Article
      Lock icon NY-New Jersey port authority tests automated cargo system
      404 22 UPI THE PORT Authority of New York and New Jersey has begun testing its Automated Cargo Expediting System (Aces). Designed to speed passage of cargo through port facilities, the automated cargo system has been under development for the last four years. Transit
      UPI  -  404 words
    • Article
      Lock icon S Korea eases rule on foreign newbuildings
      356 23 Lloyd's List SOUTH KOREAN shipping companies are being freed to order newbuildings from foreign shipyards under government measures to reduce the nation s burgeoning trade surplus. This could place additional pressure on South Korean shipbuilders who are already suffering from a strengthening won
      Lloyd's List  -  356 words
    • Article
      Lock icon TANKER RATES
      243 23 AFP A COMBINATION of various factors tended to deter trade over the past week on the tanker market, London brokers E A Gibson say in their latest review. Charterers remain reluctant to commit themselves until they are convinced that crude oil prices, currently unstable, have reached their lowest
      AFP  -  243 words
    • Article
      Australian Marine Engineering Corporation closes shipyard due to union dispute
      457 23  -  From KINGSLEY WOOD AUSTRALIAN Marine Engineering Corporation (AMEC), the new owners of Williamstown Naval Dockyard, has shut the shipbuilding plant indefinitely because of a dispute over which union should cover its workers. Since AMEC bought the dockyard last year its
      457 words
    • Article
      Sasar undertakes projects
      253 23 THE SINGAPORE Association of Shipbuilders and Repairers is working out some way of measuring productivity. It is also drawing up a list of outfitting items which are commonly used at the yards. The two projects are undertaken by the Sasar Productivity Committee and Mr Ngoh Yeen Jock,
      253 words
    • Article
      Lock icon GCC to discuss joint tanker fleet proposal
      226 23 AFP GULF PETROCHEMICAL producers are meeting in Abu Dhabi to discuss moves to coordinate the marketing of their products, including a proposal to set up a joint tanker fleet, a meeting organiser said. The conference, organised by the fertiliser producer Fertil, were attended
      AFP  -  226 words
    • Article
      SHIPPING LIST where your ships are due ...and when
      8199 28 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      8,199 words
    • Article
      LONDON FREIGHTS
      923 29 FURTHER grain chartering was believed to have been arranged on Friday out of the US Gulf at firmer rates but exact details were difficult to confirm, shipbrokers said Market talk suggested shippers covered around 85.000 long tons of grain on the Unity 1 from the Gulf to the
      923 words
    • Article
      SHIPS IN PORT
      1532 29 AT CONVENTIONAL WHARVES Vessel Berth Arrival Departure KEPPEL WHARVES Alt Endeavour KI8 olongside 22 03 1000 As Corridor K20 o'ongside 24 03,2300 Aurora *32 alongside *****35* Gok) lea* IC2I o'ongs.de 2203,1500 Hyoqong *35 o'ongs,de 24 03 2300 Q-nghecheng *29 alongside 2203 2300 Shu»cHeng KIS oongs.de *****600 Stroitj
      1,532 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      800 21 STP Distributors Times Putohstung Croup OOCL OVEIQEAS Co*t<um\ LINE WWu jXScHIiIE SHIPPING AGENCIES (Reg No 242K4/ 00K) 200 Cantonment Road #12-05 Southpowt. Singapore 0208 Tet *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SDN BHD. PORT KELANG TEL: *****18 Telex No
      800 words
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      Page 21 Advertisements Column 2
      66 21 mm THE POLITICAL crisis gripping Panama has barely touched the Panama Canal, but some officials say continued unrest could cloud its future. Page II SOUTH KOREAN shipping companies are being freed to order newbuildings from foreign shipyards under government measures to reduce the nation's burgeoning trade surplus. Page 111 Index
      66 words
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      Page 21 Advertisements Column 3
      594 21 FESCO LINES Tr far-eastern a SHIPPING COMPANY Regular Services To mnVI" EAST ASIA JAPAN, INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 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
      594 words
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  • Page 22 Advertisements
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      597 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT HONG KONG EXPRESS TOKYO BAY KURAMA MARU RHINE MARU TOKIO EXPRESS KOWLOON BAY THAMES MARU CALLING 'KOBE 11/4, TOKYO 14/4 #KOBE
      597 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 22 Advertisements Column 3
      316 22 CHARGEURS RE UNI S 1 fNOUIO'ES 2223?U FAX 22SSBM Optorg Shipping Pte. Ltd I Petaling Java 756?593/7:>7!>603 Penang *****5 loading tor Loiai^ SAM JUAN 'JR* P*n»ng DBN fa*. *j*o JMpSS t Llhttß Hll J£l unf Kpte tap. rfa. ""I" 0 30.05 CATAMARCA II S3S Z °»S 2W LAR'OJA 3QS IMB
      316 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1115 23 The Straits Steamship Group r iLTZ' i Mansfield Container Shipping PteLtd to* P&O Containers CONTAINERS)* SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK PICASUS PROGRESS PEGASUS PROGRESS In Port/23 Mir K-X Mar 2930 Mar 01-02 Apr BANGKOK BORNEO AGENCIES LTD. BANGKOK
      1,115 words
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      Page 23 Advertisements Column 2
      527 23 EUROPE 1 JTTiH ■<: '1 MTCN JfMTW <§L SENATOR LINK USA/PANAMA 11l >ll Wf: lELSIAI SEN M 4 21.82 m 22 02 HI 14 03 on 17J3 TO USA/CANADA WEEKLY FULL CONTAINER SERVICE FEEDER P HOOVER VS2 NUPTSE V 124 P. GRANT VII P. HOOVER VS3 NUPTSE VLB 25/3 124/3
      527 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      415 24 HSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for:30/3 BANDAR ABBAS KYOWA LINE PNC/S. PACIFIC SERVICE Singapore Loading for: EAGLE V-2 26/3 JAYA, LAE, HRA, LTK, MAi.AU MICRONESIA SERVICE HK LOAD FOR OCEANIA EXPRESS V-12 10/4 GUAM. SAIPAN OCEANIA EXPRESS V-13 30/4 GUAM. SAIPAN
      415 words
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      Page 24 Advertisements Column 2
      604 24 ffg&LINE urn* MMK c*»r—A FULLY CONTAINERISED SER VICE •FDR/MOTHER VESSEL SSB ME/KOREAN WONIS ONE 77E SSB &4EHANJIN POHANG 77E KCH 35E/KOREAN WONIS SEVEN 49E KCH 35E/HANJIN SEOUL HE ACD 13E/PACIFIC PROSPERITY 17E ACD 13E/HANJIN KUNSAN 30E OCH 54E KOREAN WONIS JIN 74E OCH SK/HANJIN KWANGYANG 44E CONVtNTIONfIL SERVICE TO PERSIAN
      604 words
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      Page 24 Advertisements Column 3
      286 24 FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO CHITTAGONG: SAILING 27/3 8/4 EURO-AFRICA LINE FOR: PORTO. LISBON, ORAN, BILBAO 1 MADRID. MALAGA. MELILLA, 1 TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA. IRUN, CEUTA, ALGIER ISTANBUL U.S.A. PAPUA NEW GUINEA PORT MORESBY. RABUAL, LAE KIETA, MADANG ft KIMBE NOUMEA 30/4 SUVA/LAUTOKA
      286 words
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      Page 24 Advertisements Column 4
      1179 24 m EVERGREEN Full Container Service EVER GUIOf EVER GOLDEN EVER GUARD EVER GROWTH EVER GRAND EVER GREET Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) 23/4 27/4 2*4 I*4 3/5 t/5 9 b 30/5 ALSO ACCEPTINC CARGO TO 2) ATLANTA. CHICAGO. DETROIT COLUMBUS I OTHER MAJOR RNCROBRIDGE DESTINATIONS 1) CRISTOBAL. BALBOA. PANAMA CITY COLON.
      1,179 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      684 25 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE VESSEL SEA DRAGON SEA HAWK SEA DRAGON SEA HAWK VESSEL SEA FORTUNE INTEGRA SEA FORTUNE INTEGRA SIN SBV SMG SIN SM SM SLD In Pt SLD 24/3
      684 words
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      Page 25 Advertisements Column 2
      279 25 IMORBUL NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL SPORE MARATHON UNITED AGENCY PTE LTD TEL KL PK S P YEO SHPC TROG KL '&***** PK 36M101 PENANG TANJONG MARINE SON BHD TEL W&575 SABAH TRANSPAC KK TEL *****8 fo BREAKBULK SERVICE TO EUROPE/UK S pore P.Kelang Loading For MONTANA V 8724-9
      279 words
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      Page 25 Advertisements Column 3
      484 25 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT U/4 a/4 a/4 2M 4A lift art ws in M B HAVEN ROAM HAVRE 13rt 13rt 154 22 4 Hi ?S4 22 4 234 ft 4 2»4 21,4 30.4 trt H IX urt lirt urt Vli Vli I*s an an ms
      484 words
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      Page 25 Advertisements Column 4
      615 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD p.t. mmm Indonesia p.t. trikora lloyd EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S. PANJANG 18WB KUTAI/14WB L.J BONTANG/14WB BILBAO ANTWERP H BURG/ ROAM ADAM BREMEN Bub|*ct to Inducamont. Also accepting cargo to Casablanca, Port Slid Port Altundria
      615 words
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      Page 25 Advertisements Column 5
      362 25 BOUSTEAD SHIPPING AGENCIES 1* BURMA FIVE STAR SMIPPIWC CORPORATIfIM (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok HTONEYWA V233W 22/24 Mar 11/20 Mar MERGUI V»3W Mar/2 Apr PAGAN VI2CW 2/4 Apr \g> BANK LINE SEMI-CONTAINER SERVICE! HEAVY L FT EAPAftll ITV NORTHBOUND TO UKC FORTHBANK V2IN IVYBANK
      362 words
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      868 26 SHkPPtnG-DflTfl ATLAniIC COAST (Round-The-World Service) •PK/PNG AMBASSADOR BRIDGE Vl6 SaiM 24 Mar 16 Apr ORIENTAL FORTUNE V 8 26 Mar 31 Mar 23 Apr NEPTUNE JADE Vl2 3 Apr 7 Apr 30 Apr 1C •VIA FEEDER PACIFIC SOLJTH-UJEST FEEDER VSI 'PK/PNG SP MOTHER VSL AMBASSADOR BRIDGE Vl6 Sailed 24 Mar
      868 words
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      Page 26 Advertisements Column 2
      381 26 Accepting LCL and contalnarlaad cargo** Dlract to South Africa Accepting Containers Qui HAYAKAWA MARU 5037F VAAL 513SF NEDLLOYO COLOMBO 5234F Spore Durban P.Eliz C.Toi a/3 10/4 12/4 13/4 10/4 23/4 25/4 26 4 a/4 11/5 13/5 17/5 JARDINE SHIPPING AGENCIES (REG. *****4/ OOK) >200 CANTONMENT ROAD #12-05 SOUTHPOINT. SINGAPORE 0206
      381 words
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      Page 26 Advertisements Column 3
      751 26 /M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Kelang Penjng Loading tor: Mother ¥sl By Feeder B, Feeder THEOOOR FONTANE V 16ft 27 Mar Calcutta/Madras S O TRIPURA V J4H 1 Apr 25 Mar 2b Mar Kandla, Bombay RAVIOAS V»M (Apr Mar Mar Kandla/Bantu. INDIAN COURIER V m
      751 words
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      Page 26 Advertisements Column 4
      644 26 GOLDEN LINE SoV GUAN GUAN SHIPPING (PTE) LTD 23. Tttot Aytf Street SINGAPORE 0104 TIL SM3M (10 LINES) F«. U***** •r: CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA cwwamwunawici P Keljnf Ptnjnf Kuantan Destination A VESSEL 30/3 RotterdamHontourf ukc nnx coKTAonoi wivki P»l| Pen S pore R
      644 words
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      Page 26 Advertisements Column 5
      556 26 PHIU-OM€NT LINCS PT€ LTD MEAD OFFICE 63 ROHNSON ROAD >07 12 AFPO ASIA BUILDING SINGAPORE 0106 IKE* RS ***** PHIII FAX *****76 EAST/FAR EAST edee All*. DUBAI DAMMAN KUWAIT. BOMBAY. DOHA MUSCAT. BAHRAIN. ABU DHABI I SHARJAH JEDDAH HO DE ID AH AQABA N KONG KOBE KEELUNG. MANILA BANGKOK TOKYO.
      556 words
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      654 27 \\NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SIA Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 *****1) *****16 27*111 27*141 NEPLINE SON. BHD. 3MM7 INWARD/OUTWARD NEPLINE SON BHO. *****13 ENQUIRIES *****44 nepline SON BHD umnammm\n27m NEPLINE SON. BHO *****0/23M41 C CONTAINER 44W HK
      654 words
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      Page 27 Advertisements Column 2
      354 27 DOHA* HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON CALLINC INCHON DIRECTLY ON 11/04. FULL* CONTAINERISED H 104 12/4 Vessels' Name S pore Yok Nig Kobe Bus I Ajitha 31E 4/4 12/4 13/4 14/4 16,4 Actptg only FCI to Hod. Jed. Aqa. Mad.
      354 words
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      Page 27 Advertisements Column 3
      569 27 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 ***** PENANC P. KEIANG MESSRS HAI THONG SHIPPING 127 Penjnj Street, Penary. Malaysia M/S HANDLING SYSTEM CO SON
      569 words
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      Page 27 Advertisements Column 4
      19 27 a* MADJU SENDIRIAN BERHAD 20-12 Tonq Encj Buildmq Singapore 0106 Tel 22****** 3 REGULAR VESSEL SERVICE TO BELAWAN WEEKLY
      19 words
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      Page 28 Advertisements Column 1
      306 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 L.nev fAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO Accepting cargo for INDIA Bombay. Cochin. Madras Calcutta **VIA LARNACA Accepting cargo lor Lattakia. Piraeus, Thessatoniki, l*mir,
      306 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      172 28 Regional Weather *r ft s A 5* fA 5^ N m m K« Si! >\ 55 s 'A m m»?8 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c cT w> Wind direction with speed m knots Wove height LEGEND: R Thunderstorm Temperature »q rt Shower Weather -V
      172 words
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      Page 29 Advertisements Column 1
      1162 29 NNcspV CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fax *****15 FIXED CONSOLIDATION SERVICE FCL/LCL TO: r m tv is ft r* 34 ZEPHYR CONTAINER LINE PKrianr Penang: Sure Fast Maritime (M) Sdn. Bhd. T»l: 03-*****25/6 Talax: MA ***** Td: 044U2K Td«x: MA ***** 0 Tatsumi Marine DIRECT SAHJNG
      1,162 words
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      Page 29 Advertisements Column 2
      169 29 UNIPACIFIC TRANS TRADING AGECY PTE. LTD. FBI IRAQI LINE '"*o' S T »Tf NTfRPDISf (0« RURITIMf TMNJPO*' EAST BOUND SERVICE ETA S PORE LOADING FOR ALFARABI 15,4 japan WEST BOUND SERVICE ETA S PORE LOADING FOR RO RO BALQEES 25,3 Jeddah Aqaba Baghdad MV ALFARABI 10/5 Jeddah, Aqaba. Baghdad THROUGH
      169 words
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      Page 30 Advertisements Column 1
      382 30 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** fc I \M I K\ \R I I\l 1 I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS voy NO. 105 S3 Spore Sailed 25 P. Kelang Sailed 23 Yokohama 9/4 17 Nagoya 7/4
      382 words
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