The Business Times, 2 May 1988

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, MAY 2, 1988 75 CENTS
    11 words
  • 606 1  -  Wage freeze and lower CPF producing results By CHUANG PECK MING PRODUCTION WORKERS still cost more in Singapore than in Hongkong, Taiwan and South Korea but the gaps are narrowing, according to a comparative study done by the US Department of Labour. Figures from
    606 words
  • 481 1  -  By WILLIAM CHIA SINGAPOREANS celebrated May Day with a splendid extravaganza at the National Stadium yesterday evening. Both workers and managers, many casually dressed and with their families in tow, participated enthusiastically in the celebrations led by uniformed participants representing the various trade
    481 words
  • 438 1  -  By TONG SUIT CHEE THE infrastructure exists for SMEs to acquire the technology for improving their operations. What is needed is to send out information to SMEs on the technological schemes available and to guide them on using them effectively, said mangement consultants Arthur
    438 words
  • 485 1 OPEC's attempts to form an alliance with six non-Opec producers to stabilise world oil prices teetered on the brink of collapse yesterday amid Saudi-led opposition aimed at minimising any cutbacks by the cartel. A third straight meeting of the 13-member Organisation
    485 words
  • Page 1 Advertisements
    • 341 1 Need a car or truck loan? Wayfoong I 737-7977 JaTJ W&yfoong Mortgage And.Finance (S) Ltd -J A wholly-owned subsidiary of Hongkongßank 6 Claymore MiU #03-01 Claymore Plaza Singapore 0922 MANAGEMENT NOTHING is more distressing than being fired or laid off. With the business world constantly in a state of change
      341 words
    • 296 1 mas JAPAN has complained about obstacles to business in Indonesia ahead of a visit this week by the Japanese Foreign Minister. ASIA-PACIFIC, Page 3 THE UNITED STATES should attack its deficit problem with increased excise taxes and a slowing of private and entitlement programme spending, says Paul Volcker, former chairman
      296 words
    • 210 1 MIKIMOTO I Ik- t >t < ultuiol IV.uk Shkc W)) w C H()() 27 Tangltnßd Spor«lo24 <N««t to Targtm Shopping Ctf Tel *****43. *****53 Managers answered HOW MUCH TRUTH is there that an Asian business dynasty seldom outlives the third generation? How tuned in are local managers to information technology?
      210 words

  • MANAGEMENT
    • 784 2  -  Nothing is more distressing than being fired or laid off. With the business world constantly in a state of change these days, more people are in danger of being made redundant. Outplacement counsellors have sprung up to help those affected pick up the
      784 words
    • 365 2 A TYPICAL SINGAPOREAN client for DBM would be 39 years old, drawing an annual salary of between $80,000 and $100,000 while an expatriate client would be 48 years old and drawing between $100,000 and $120,000 a year. Mr Javin says that the expatriate
      365 words
    • 792 2  -  By STEVEN BRULL Reuter MANY OF THE BIG Japanese companies have started to shy away from lending technology to South Korea, but Korean electronics firms have discovered their smaller counterparts abroad to be more cooperative. Foreign technology, the lifeblood of South Korea's economy,
      Reuter  -  792 words
    • 978 2  -  Spotlight on Management By DR DEVAN JANAMITRA (Dr Dtvan Janamitra is an executive consultant at Ernst Whinney Consultants.) QUESTION: How much truth is there that the Asian business dynasty seldom outlives the third generation whereas the Western or occidental business empires
      978 words
    • 686 2  -  By BOEY KIT YIN LOCAL SMALL and medium enterprises (SMEs) lag behind their counterparts in Taiwan, Thailand and Japan. There are fewer of them here, they contribute less to the economy and have a lower contribution to the total industrial value-added. In short, the
      686 words
  • Page 2 Advertisements
    • 94 2 Welcome to Spotlight on Management, BT's new weekly column which will examine a broad range of issues of concern to managers in Singapore. Experts from Ernst Whinney Consultants will answer youi key questions on management each week. To start off the series, we have taken the liberty of posing questions
      94 words

  • ASIA-PACIFIC
    • 281 3 Bernama ES IRRESPONSIBLE local businessmen and exporters who taint ttie image of Malaysia will be blacklisted by the Trade and Industry Ministry, its minister, Datin Paduka Rafidah Aziz, said in Kuala Lumpur last Saturday. Speaking at the launch of Century Diamond (M) Sdn Bhd, she
      Bernama ES  -  281 words
    • 133 3 AFP TURKEY SUPPORTS Aaean efforts to bring about a withdrawal of Vietnamese troops from Cambodia, Bernama news agency in Kuala Lumpur reported last Saturday. Malaysian Defence Minister Tengku Ahmad Rithauddeen told reporters after meeting Turkish Deputy Prime Minister Kaya Erdam that Turkey had pledged
      AFP  -  133 words
    • 237 3 Reuter STRIKING DRIVERS halted Taiwan's trains yesterday for the first time since 1948 in a Labour Day dispute over pay and working conditions. About 1,300 drivers employed by the state-run Taiwan Railway administration stayed away from work after authorities failed to
      Reuter  -  237 words
    • 302 3 UPI THOUSANDS of Filipino workers marched yesterday to celebrate May Day, but President Corazon Aquino rejected demands for wage increases and instead ordered a 3 per cent rollback in petroleum prices to ease the cost of living. Militant labour leaders criticised Mrs Aquino's move
      UPI  -  302 words
    • 389 3 Reuter JAPAN, Indonesia's largest aid donor and foreign investor, has complained about obstacles to business ahead of a visit this week by Japanese Foreign Minister Sosuko Uno. But Japanese ambassador Sumio Edamura also told the official Antara news agency in an interview published
      Reuter  -  389 words
    • 237 3 Reuter CHINESE PREMIER Li Peng criticiMd Tokyo's increased military •pending on the eve of an official visit to China by Japanese Foreign Minister Sosuke Uno. "As for Japan's military expenditure, to be frank we show great concern," Chinese state television quoted Mr
      Reuter  -  237 words
  • Page 3 Advertisements
    • 58 3 <V» IKE S I »V <•••; «w> •r S, Vfe -J «Jf Ik* %v| >«• <# 5 s j j* > f «J W v Sit WL <« M i "r■■■ 3N a# > 4j It doesnt take much to appreciate the quality of Ermenegildo Zegna One nee Ermenegildo Zegm
      58 words

  • REST OF THE WORLD
    • 351 4 Reuter THE UNITED STATES should attack its deficit problem with increased excise taxes and a slowing of private and entitlement programme spending, says Paul Volcker, former chairman of the Federal Reserve Board. Fiscal restraint was necessary to limit the growth rate in order to
      Reuter  -  351 words
    • 211 4 AP A SOCIALIST International committee on Saturday criticised US efforts to oust Panama s strongman General Manuel Noriega, saying only the Panamanian people are suffering. The US government's economic sanctions against Panama "not only violate the non-inter-vention principle, but also are only causing suffering
      AP  -  211 words
    • 905 4 ARRIVALS Operator Sorvic* Local From number tim* SU SQH 0040 IAX/NRT FT FT73 0115 IAX/SFO/ANC/ N*T/OSA/T PC MAS MH601 0140 KlU MA PK766 0550 tCUL SIA SQ401 0555 CMS SIA SQ4I 0610 MAA SIA SQ/MK45 0745 MRU SIA SQ23 0755 AMS/BOM MAS MH640 0820 Kin SIA SQ27
      905 words
    • 115 4 AFP THE SOVIET UNION and Japan have agreed to fix 1968 salmon fishing quotas for Japanese fishermen at 20,800 tonnes, almost 4,000 tonnes less than last year. Compensation to Japanese fishermen will remain at last year's levels, Tass news agency announced in Moscow last Saturday. The
      AFP  -  115 words
    • 346 4 AFP POLISH LEADER General Wojciech Jaruzelski warned striking steel workers and the underground opposition yesterday that the government would tolerate no "return to anarchy and disorder". In a May Day speech to several thousand people in Warsaw, broadcast over radio and television, he
      AFP  -  346 words
    • 192 4 Reuter THE EUROPEAN COMMUNITY'S executive commission agreed that strengthening existing structures of the 12-nation bloc took priority over further enlargement, according to a commission spokesman. The commissioners, gathered at a secluded priory in northern Belgium for a so-called "weekend of reflection", decided that
      Reuter  -  192 words
    • 149 4 AFP WEST GERMANY'S gross national product will grow by 2 per cent this year but the increase will slow to 1.25 per cent in 1969, the country's five major economic institutes said in a report to be published today. The report, extracts of which
      AFP  -  149 words
    • 315 4 AFP BRITISH March trade figures improved sharply, the country's Department of Trade and Industry reported last Friday, as the current account had a deficit of only £254 million, against £720 million in February. The month's trade deficit was £854 million, against £1.32
      AFP  -  315 words
    • 387 4 AFP THE FATE of Soviet leader Mikhail Gorbachev's reform programme is not yet decided, but supporters of gradual change rather than revolutionary upheaval are beginning to gain the upper hand, a leading academic said in an article published in Moscow last Saturday.
      AFP  -  387 words
    • 234 4 Reuter WESTERN AMBASSADORS attended the annual May Day parade in Moscow yesterday, ending a boycott begun after the Soviet military intervention in Afghanistan in December 1979. As hundreds of thousands of cheering Muscovites paraded through Red Square, envoys told reporters that their presence was
      Reuter  -  234 words
    • 602 4 Reuter PROSPECTIVE presidential nominee George Bush and other Republicans will have to answer for President Reagan's veto of a new trade bill, if the Democrats get their way in the general election campaign. "We'll hang this around them like
      Reuter  -  602 words
  • Page 4 Advertisements
    • 33 4 The business person's choice, every Tuesdoy. Thursday. Saturday and Sunday Leaving Changi Airport at 22 05 hours and arriving Heathrow early me following Cdlyour Travel Agent or Air Canada at *****55 AIR CANADA
      33 words
  • Page 4 Miscellaneous
    • 137 4 mm Adelaide Amsterdam Arhem Bahrain Bangkok Barbados Max/ Note Mln (°C) 27/12 Roe 15/05 Clear 19/14 Rain 33/24 Clear 34/26 Clear 30/25 Cleor 22/12 Clear 29/20 Sunny 17/12 Cloudy 20/07 Clear 25/20 Cloudy 20/06 Cloudy 27/19 Cloudy 17/06 Cloudy 16/05 Clear 31/16 Clear 20/09 Cloudy 21/14 Showers 28/17 Clear 18/01
      137 words
    • 53 4 Doonesbury lAEEP THINKING SOM£7H/N6 PPAMAVC- ISGOfNSTDHAPPEN, SOMBUJRN OF &/BNJS THAT WILL FOPCZ THE. I9SUBONB CU4YOR. THB OTHBR! 6 if'tyr ten 2 r* iffm m V r v. BS m 'M fm!*?£X &>a i m IF SOB BY GARRY TRUDEAU j: HNSfmt say PiH6fpmi* Ml KB? m M m ®v 4
      53 words

  • COMMODITIES
    • 285 5 Bernama ES PRICES on the Malaysian crude palm oil market were traded on a firm note in moderate trading activity last week with the highest and lowest prices were quoted at M 5982.50 and M 5965.00 a tonne respectively. Trading during the week was influenced by a recovery
      Bernama ES  -  285 words
    • 170 5 Chinese Produce Exchange Stllars' noon dotinQ pcii cm on April 30 (SI/100 kg) Coconut oil M FOB 107.00 OM dram FOB 117.00 N*w drum FOB 121.00 Copra Mixed (loo—) 61 Pepper FOB NLW 1077.50 Sarawak wNto FOB faq NLW 1062.50 Sarawak ipodai black FOB NLW 655.00 Sarawak Asia
      170 words
    • 302 5 London Commodity Exchange Buyor/Soilor dosing prim on April 29 (£/tonno union sped fled). Provioui dosing prices in porenlhesis. Con— Basis bvstor* London, so Mors option OF London May 1015/1016 (1032/1033) High/Low 1039/1014 M 1040/1042 (1053/1054) High/Low 1060/1035 Solos (4258) COCOB May 912/913 (905/906) High/Low 914/903 Jut 931/933 (922/923)
      302 words
    • 227 5 SOYBEAN FUTURES on the Chicago Board of Trade rallied sharply to new contract highs across the board last Friday, rising 13* to 11% US cents. Spot May gained the most at U556.8914. Renewed concerns about a potential drought in the mid-west caused by the National Weather Service's long-term forecasts
      227 words
    • 181 5 WHEAT FUTURES on the Chicago Board of Trade closed two to !4 US cent a bushel lower last Friday, with spot May off the most at U553.04%. Wheat futures failed to follow the rally in soybean prices as fundamental and technical factors kept pressure on the market, traders said.
      181 words
    • 288 5 Rubber KL Tin THE MALAYSIAN rubber market closed higher in fairly active trading last week with the RSS Int One gaining three cents at M 5312.50 a kg. Strong Japanese and Singapore markets coupled with short-covering activities aided sentiment. The market opened steadier and maintained the upward trend during the
      288 words
    • 902 5 AFP ATTENTION was focused on the meetings in Vienna of Opec members and other oil producers last week, as the oil market hoped for an agreement to cut world oil supply. Precious metals were boosted in mid-week by the rise in oil prices,
      AFP  -  902 words
  • Page 5 Advertisements
    • 168 5 THAT DIETHELM CATERS TO AN EXCLUSIVE CROWD IS TRUE. UP TO A POINT We may be accused of stretching the point too far. of course But the fact is Diethelm office furniture isn't just for everybody. Consider the POINT System, a glimpse of which you catch here For all intents
      168 words

  • MONEY AND EXCHANGES
    • 369 6 AFP A STATEMENT by Australian Treasurer Paul Keating aimed at defusing speculation that the government and the Reserve Bank were in conflict over exchange rates has reassured the foreign exchange market, according to dealers in Sydney. Dealers said the market had taken
      AFP  -  369 words
    • 275 6 Reuter THE DOLLAR is likely to continue to lose value against Japan s yen and West Germany's mark so the US can attract foreign investment to finance its budget deficit, American economist Martin Feldstein has predicted. The Harvard professor who
      Reuter  -  275 words
    • 502 6 Reuter JAPAN'S life insurers have cut down US Treasuries purchases and beefed up buying of British treasury paper, or gilts, and of Australian dollar bonds, according to bond managers at securities firms in Tokyo. They said the insurers had been moving out
      Reuter  -  502 words
    • 344 6 Reuter THE WORLD BANK is poised for a big increase in lending to Yugoslavia now that the Belgrade government has clinched new agreements with the International Monetary Fund, bank officials said in Washington last week. After lending just US$lOO million a year or
      Reuter  -  344 words
    • 1124 6 AFP ANOTHER PERIOD full of uncertainty in the US dollar sector ran its course last As had been the case in previous lacklustre phases, professional traders focused their attention on high-yielding currencies. With the British pound initially being stopped in its tracks following remarks by Chancellor Lawson, the
      AFP  -  1,124 words
    • 433 6 Gold Financial futures Green Collier BULLION PRICES drifted lower towards major support levels but ended on a firmer tone last week. At New York's Commodity Exchange. spot gold last traded last Friday at U*****.00 an ounce, unchanged from the previous week's close. Release of a 2.4 per cent US GNP
      Green & Collier  -  433 words
    • 211 6 ASIAN CURRENCY ovtrog* deposit i 1 1 I •nd*d April 29 BIO F High •RICES Low US t 7 day* 6 15/16 6 7/8 1 month 7 1/16 7 2 —Mb 7 11/16 7 3 months 7 1/4 7 1/8 6 months 7 9/16 7 3/8 9
      211 words
    • 195 6 Gokl futures on April 29 8 I ounces; USS p* troy on nc» zz Op— H*» Lmm Mb May 451 JO ■*■040' Jwi 452.20 49X40 450JO 45X60 _L M M 454J0 457.10 457.40 455.30 457JO •no Oa ***** 461 JO 460j0 ***** Ok 466^0 467JO ***** 466J0
      195 words
    • 476 6 Indicates the average of the prime lending rates of 12 major banks In S'pore PLR of bonks of the clou of business on Friday, April 29, as supplied by the Association of Banks in Singapore. BANK PLR Algemene Rank 6% Allied Irish Bank PLC 6 American Express
      476 words
  • Page 6 Advertisements
    • 379 6 Republic National Bank of New York A subsidiary of REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition (In Thousands) March 31, Assets Cash and due from banks Interest bearing deposits with banks Precious metals Investment securities Trading account assets Federal funds sold and securities purchased under resale agreements Loans, net
      379 words
    • 9 6 IB B4NQUEINDOSUEZ 3 Shenton Way. Shenton House. Singapore 0106
      9 words

  • BANKING AND FINANCE
    • 725 7  - Motor insurance a look under the hood iwmmmm by PAUL FRANKLAND ALL VEHICLE OWNERS Know they must buy motor insurance. But many are not clear about what needs to be covered or what protection is most suitI able. I will try to clarify this. n First, the law requires you
      725 words
    • 322 7 Reuter FENCE'S only two private insurance companies are mergslo' to fend off an expected takeover bid by Italian insurer As#icurazioni Generali SPA, industry analysts in Paris said lest week. du Midi anrfcunced late last Tuesday that it would sell a large
      Reuter  -  322 words
    • 217 7 Bernama ES KQTA DISCOUNT BHD, a discount house under the Malayan Banking Bhd group, reported a pre-tax operating profit of M 515.11 million for the 18 months ended June 30, 1987, against M 57.37 million for calendar 1985. "'.lts 1987 annual report said the company
      Bernama ES  -  217 words
    • 534 7  -  By LEE HAN SHIH Property Correspondent A HKS76O MILLION syndicated loan involving a number of companies controlled by Malaysian "Sugar King" Robert Kuok Hock Nien was signed in Hongkong last week. The facility was arranged by Wardley Capital, a member of the Hongkong
      534 words
    • 196 7 DBS FINANCE and DBS Factors will launch a Corporate Terminal Scheme (CTS) for their factoring clients tomorrow. This service, the first for the Singapore factoring industry, will enable clients of both companies to gain access to information on their factoring accounts through computers set
      196 words
    • 356 7 Bernama PERWIRA HABIB BANK Bhd has reported a pre-tax profit of M 56.6 million for calendar 1987 against a massive M 5260.5 million loss for the previous year. In announcing the turnaround last Friday, chairman Tan Sri Zain Hashim said that although the profit
      Bernama  -  356 words
    • 132 7 AFP THE PHILIPPINE government signed a contract last Friday for a 46-million deutschemark (U5528.75 million) loan from West Germany's Kreditanstalt fur Weideraufbau (KfW) to finance repairs on a local power plant. The concessional loan, the first this year from the KfW, is part
      AFP  -  132 words
    • 761 7 Reuter RIGGS NATIONAL BANK of Washington D C may have jumped the gun by raising its prime rate 1/4 point to 8-3/4 per cent, but the move underscores the sentiment in financial markets that interest rates
      Reuter  -  761 words
    • 352 7 NYT COLORADO GOVERNOR Roy Romer forced state banking commissioner Richard B Doby to resign the day after an audit found "numerous management deficiencies" in the state's Division of Banking. Mr Doby. 57. agreed to step down from his US$5B.OOO-a-year job after seven years
      NYT  -  352 words
  • Page 7 Advertisements
    • 36 7 A GRAND DESIGN Towards Singapore as a Design Centre S Towards Singapore as a design What UOB is doing to stay The rob of loss adjusters in Why tanpaq is giving IBM the NOW AT NEWSSTANDS
      36 words
    • 67 7 GO PUBLIC CANADA U.S. FREE TRADE AGREEMENT REAL ESTATE OPPORTUNITIES Venture Capital Group seeks qualified Asian companies wishing to capitalize on these benefits, expand, and have their shares publicly quoted in Canada and the United States through merger/reverse takeover of existing public shell corporations. Plmn forward pertinent information to: Suite
      67 words

  • THE ARTS
    • 762 8  -  The East brushes against the West Modern Chinese ink paintings are a marriage between the East and West, and while artists in Hongkong and Taiwan have wholeheartedly embraced this union, Singapore's artists are tentatively testing the waters. VANESSA LEE reports. VANESSA LEE
      762 words
    • 321 8 TRYING to emulate an illustrious group such as The Canadian Brass is a tough job. But that seems to be the unenviable task facing another Canadian group, A Touch of Brass. The group will perform on Friday, May 6, at 9.30pm at
      321 words
    • 413 8  -  CD Reviews By SHAUN KOH HAYDN Symphonies No 45 and 81. Orpheus Chamber Orchestra. DG digital 423 376-2 6H (51 minutes) Category: Classical DG HAS BEEN issuing a steady stream of recordings by this conductorless orchestra since signing it in 1985. And DG's
      413 words
    • 680 8  -  SHAUN KOH CELLIST JULIAN FIFER was a liberal arts major at Columbia University in New York when he enrolled at the Juilliard School of Music to pursue cello and quartet studies. His devotion to chamber music inspired him to create an ensemble that could
      680 words
  • Page 8 Advertisements
    • 1280 8 mzm u' Joan Van Ark and Parry King star in this romantic thrillar based on a trua story HOLIDAY NIGHT MOVIE Shakedown On Tha Sunset Strip 10.45pm, Channel 5 Perry King is an overzealous vice cop determined to advance his career by convicting Hollywood's most dangerous madame. But a simple
      1,280 words

  • SPORTS & LEISURE
    • Article, Illustration
      548 9 Singapore qualifies for St Andrews PLAYING WHAT was described as a "shot he will remember all his life". Bill Fung recovered from bunker trouble on the final hole to secure a historic victory for Singapore in the Dunhill Cup golf qualifying competition and a final round place at
      548 words
    • 443 9 UPI STEFAN EDBERG changed his tactics against John McEnroe and broke a four-match losing streak against the American on Saturday to advance to the finals of the AT&T Challenge tennis tournament against top-ranked Ivan Lendl. Edberg beat McEnroe 6-3, 3-6, 6-3 to move into
      UPI  -  443 words
    • 216 9 Bernama PROFESSIONAL GOLFERS stand to win prize money totalling Msl.s million on the local circuit with the introduction of the M 5500.000 Tour of Malaysia series, beginning in September. The total prize money is the biggest in Malaysian golfing history and
      Bernama  -  216 words
    • 161 9 UPI GREG NORMAN and Curtis Strange, each forced to shoot 36 holes on Saturday because of a rain delay, completed three rounds of the US$7OO,OOO Independent Insurance Agent Open in Texas tied for first at 13-under par 203. Norman, who shared the lead with Ray Floyd
      UPI  -  161 words
    • 375 9 AP AYRTON SENNA exploited a dry track and the superiority of his turbo-charged McLaren-Honda car on Saturday to win the pole position for yesterday's San Marino Grand Prix. The 28-year-old Brazilian turned the fastest qualifying lap at the Dino Ferrari circuit in Saturday's
      AP  -  375 words
    • 233 9 Reuter TERRY GRIFFITHS completed a 16-11 win over second-seeded fellow Briton Jimmy White on Saturday and will meet four-time champion Steve Davis, also British, in the World Professional Snooker Championship final in Sheffield. Reigning title-holder Davis had earlier gained a shot at a
      Reuter  -  233 words
    • 418 9 AP NOW THAT the Baltimore Orioles have finally won. what's left for them this year? A sell-out crowd at Memorial Stadium tonight, and probably not much else. The nightmare is over, but reality is no better. The Orioles are 15 and 1-2 games behind Cleveland
      AP  -  418 words
    • 395 9 UPI WHILE MAINTAINING his relationship with Houston team-mate Eric Floyd is a friendly one, Rockets centre Akeem Olajuwon was anything but amicable towards the Dallas Mavericks on Saturday. Olajuwon, who yelled at Floyd during the first game of the series but later stated the two were "friends",
      UPI  -  395 words
  • Page 9 Miscellaneous
    • 639 9 mmm CRYPTIC PUZZLE ACROSS 1 Weight of a cart? (5) 6 Where you need loans for hairdressing? (5) 9 TV captain's bird (7) 10 She's no hit in a Strindberg play (5) 11 Covers for cheese, bacon, etc (5) 12 Stop being an outsider (3. 2) 13 A disturbing job
      639 words

  • WORLD MARKETS
    • 361 10 Reuter THE NEW YORK STOCK Exchange iNYSE) said it successfully tested its ability to process smoothly volume equal to the record levels set during the October crash. "It has been a very successful test," NYSE vice-president Richard Torrenzano told a
      Reuter  -  361 words
    • 754 10 New York Reuter WALL STREET stocks closed mixed last Friday, ending a listless trading session. Inflation fears, prompted by news of a larger-than-expected upward revision in February's leading indicators index weighed on prices throughout the session, brokers said. The Dow finished 8.95 points
      Reuter  -  754 words
    • 401 11 NYT IC INDUSTRIES has agreed to sell Pneumo-Abex Corp, its aerospace and military company, for about US$l.3 billion to a joint venture formed by the Henley Group and Wasserstein, Perella Co. With the sale of Pneumo-Abex and the upcoming spin-off
      NYT  -  401 words
    • 284 11 Stake increases to 20.79 pc Reuter SWISS CHOCOLATE manufacturer Jacobs Suchard AG has snapped up still more shares in British candy-maker Rowntree PLC, which Swiss foods giant Nestle SA has said it wants to buy. Suchard now owns more than one-fifth of Rowntree, which makes
      Reuter  -  284 words
    • 921 11 London Reuter SHARE PRICES on the London market steadied last Friday near the day's lows in late trading as Wall Street traded around its early opening lower levels, reflecting concern over upward pressure on US interest rates following an upward revision in January and February
      Reuter  -  921 words
    • 1385 11 Amsterdam am 29 ru ABN 38 90 Action 74 70 o 1 Ahold 71 10 -0 1 Akzo 100 20 -4 Alrenta 151 60 AMEV 50 80 -06 Amro Bank 64 90 -03 Am St ad 121 20 0 7 Barkel BOLS 125 20 -03 Borsumii 91 70 -06 Buahrman
      1,385 words
    • 114 11 NYT THOMAS D MIGNANELLI has been named to the Number 2 post at the Nissan Motor Corp, the American subsidiary of Japan's Number 2 car manufacturer. His appointment came as Nissans sales in the US are slipping, its marketing efforts are being criticised and the
      NYT  -  114 words
    • 405 11 Reuter TSB GROUP PLC has launched a sweeping regrouping of its business, which it sees as a vital step towards becoming a top financial services organisation. "The new structure enables the group to maximise the value within our recent acquisitions,"
      Reuter  -  405 words
    • 80 11 Reuter BRITISH BUSINESSMAN Robert Maxwell, chairman of Maxwell Communications Corp, wants to buy a publishing firm in Mannheim which prints West Germany's best known dictionaries and encyclopedias. The Saturday edition of the Mannheimer Morgen quoted a spokesman for Bibliographisches Institute FA Brockhaus AG as saying the
      Reuter  -  80 words
    • 83 11 Reuter AB BOFORS, the arms subsidiary of Sweden's Nobel Industrier AB, said it has won a 100 million crown contract to supply naval guns to Canada. Bofors said in a statement the order was a fol-low-up to an earlier deal in January 1964 when Canada
      Reuter  -  83 words
    • 153 11 NYT THE IRVING Bank Corp has announced the sale, for US$39O million, of its 39 per cent interest in a Swiss bank. The proceeds will help finance a friendly tender offer for Irving by Banca Commerciale Italians Irving said the sale of
      NYT  -  153 words
    • 97 11 Reuter A SPOKESMAN for Citicorp Scrimgeour Vickers, brokers to Racal Electronics PLC. said that as far as he was aware there is no London Stock Exchange investigation underway into Racal share dealings. Citicorp Scrimgeour made the statement in response to Reuter inquiries after a report
      Reuter  -  97 words
  • Page 10 Advertisements
    • 294 10 4 COURVOISIERXO-Where to eat, drink... T7/ s?| May 8 An occasion to uv remember the greatest'J* love of all mothers love f X j A day to salute her to Royal be assured she'll memorable day Special cocktail drinks, /wjjj f* "'"Ji lunches, dinners and cakes are m store to
      294 words
    • 202 10 EAST MEETS WEST Daily Buffet at the Dondang Sayang Enjoy the best of both worlds, 'East Meets West' daily buffet. Salads, cold cuts, roasts curries, satay, noodles and many more dishes you will find irresistable. Coffee or tea is included to complement the meal. Lunch Noon 2.30pm Dinner: 7.00pm-9.30pm Prices
      202 words
    • 252 10 DES O'CONNOR BEAM'S SNG NG S^tPSTAn, May 5 ft 6,1988 only. Dinner and snow Crystal Ballroom. Onlv Ss9o nett per person, inclusive of dinner and snow C all *****88 ext 2414/2415 Tickets will be available at the Hyatt Box Office, lobby level. HWT REG6NCYOSMGAPORE 'A High Tea VSa Variety. Fill
      252 words
    • 238 10 SOUTH EAST ASIA BUFFET Cak Plaza 1 15 MAY 1988 Come savor the exotic flavours of Malaysia, Thailand, Philippines, Brunei, Indonesia, Burma, Singapore and Vietnam. It's a taste extravaganza from our superb starters to our divine desserts. And as the menu changes daily, you 11 sample something deliciously different on
      238 words
    • 222 10 OKI Catch the excitement and fever of Singapore's richest annual fashion and glamour event. SEMI-FINALS Model of The Year April 26, 29 Male Model of The Year May 3, 6 Discovery of The Year May 10, 13 (all starting at 9 pm) Ji A h i For reservations call *****11
      222 words

  • Page 11 Advertisements
    • 324 11 and entertain 4 So much to choose for only $21.50 A sumptuous spread wrtth many different types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles, fortes... cheese board, fresh fruit ...freshly brewed coffee. All for $21.50 And for $27.50 you can add a roast or a choice
      324 words
    • 223 11 ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN COURSES. PALM For between $26+ and $40+ I OU can se ect f rom our appetiser vjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses. And
      223 words

  • MARKET REVIEWS
    • 5135 12  -  Singapore By MAGDALENE NG SPECULATION of takeover bids for hotel-based Hotel Marco Polo and trading company Intraco perked up trading activity considerably in an otherwise quiet week. An unexpected suspension in the trading of Marco Polo's shares and transferable subscription rights (TSR)
      5,135 words
    • 186 13 April 25 April 26 April 27 April 28 April 29 BT Comp 1 843.16 ***** ***** 846 64 ***** BT OB/OS 10 102 71 -37 -36 107 BT CAD) 11 •6846 6889 -6899 6878 -6851 BT 10-day av 11 -6914 -6907 -6910 6914 -6903 BT OBV 11
      186 words
    • 81 13 April 25 April 26 April 27 April 28 April 29 NST Inds 1 1559 31 *****6 1561 86 1564 98 1570 40 NST Finance 5 2266.75 *****0 2247.44 2245 30 2280 72 NST Hotels 5 601.12 601 05 601 05 ***** 600 97 NST Prop 3
      81 words
    • 116 13 Closing previous Closing week 1968 High 1988 Low BT Comp Index ***** ***** 856.16(21/3/88) 737 83(4/1/88) ST Ind Index 965.94 ***** 969 45(21/3/88) 833.61 (4/1/88) NST Ind Index 1570.40 *****8 1570.40(29/4/88) *****9(4/1/88) Hang Seng 2602.87 2591 35 *****8(7/4/88) *****4(9/2/88) Dow Jones 2032.33 2015.09 2090 18(8/4/88) 1879 14(20/1/88)
      116 words
    • 305 13 ALTHOUGH share prices on the Kuala Lumpur stock market were taken to a higher level last week, the gains achieved were not as firm as in the previous five weeks. In contrast to the 22.39point advance on the New Straits
      305 words
    • 156 13 AFP SHARE PRICES kept rising on the Tokyo Stock Exchange last week, with the Nikkei Stock Average closing out the week at a record high of 27,509.54 yen on Saturday. It was the fourth time in five sessions that the 225blue chip average had set a
      AFP  -  156 words
    • 597 13  -  Week ended Apr 29 compiled by JULIANA TAY CORPORATE DEVELOPMENTS The mock troding for fhe Stock Exchange of Singapore's new floor troding system has been postponed indefinitely. A scheme allowing Chvan Hup Australia to take over Mulpha (Hongkong) Ltd from the Multi-Purpose Holdings Bhd group
      597 words
    • 397 13 New York AP IN THEIR SEARCH tor some likely event to break the recent stalemate in the US stock market, many analysts are looking to this Friday's report on employment. Wall Streeters expect the Labour Department data to set the tone for the numerous other
      AP  -  397 words
    • 158 13  -  From SHIRISH NADKARNI, AJIT AGHARKAR IT HAS BEEN an incredible fortnight on the Bombay Stock Exchange. In one of the major upheavals in share prices, the Bombay Stock Exchange equity index has been lifted by 70 points from a low of 405.43 a fortnight ago
      158 words
    • 656 13 I Hongkong DBS Securities HK THE PAST WEEK'# trading on the Hong Kong Stock Exchange was lacklustre. Average daily volume was up by 8.9 per cent to HKS96I million. The Hang Seng Index rose 11 points to 2,602, with most of the
      DBS Securities HK  -  656 words
    • 202 13 AFP TAKEOVER speculation and encouraging performances in offshore markets bolstered Australian share prices last week with solid gains despite fairly lacklustre trading. "The market needs a stir," said Ord Minnet analyst Andrew Main, adding that institutions "are sitting on their hands Nobody is going
      AFP  -  202 words
    • 554 13  -  London From RAY HEATH THE BIG TEST for share prices in London last week was the monthly trade figures for March. Fears of a third poor month following the deep deficits of January and February had nerves on edge despite some
      554 words
    • 134 13 UBS IT LOOKS as though the Zurich stock market is slowly coming out of hibernation and. in the wake of a firmer dollar, shaking off its lethargy. Blue-chip volumes are growing. The Swiss index gained 0 49 per cent over the week to 824
      UBS  -  134 words

  • Page 13 Advertisements
    • 358 13 WASSUMULLS PTE. LTD. (In Members' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN THAT pursuant to Section 306 of the Companies Act, Cap. 50 the Final Meeting of the members of the abovenamed Company will be held at 36 Robinson Road #07-04 City House. Singapore 0106 on the 3rd day
      358 words
    • 260 13 IN THE MATTER OF THE COMPANIES ACT, CAP 80 AND IN THE MATTER OF MERRYWEATHER PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 102 Upper Cross Street #07-02 OO Building, Singapore 0105 on 29 April 1968 at 2.00
      260 words
    • 459 13 A MING COURT HOTEL LIMITED (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 20th Annual General Meeting of Ming Court Hotel Limited will be held at Ming Crystal Room, Ming Court Hotel, 1 Tanglin Road, Singapore 1024 on Tuesday, the 31st
      459 words

  • 162 14 UPI INDIA planned to attack Pakistan and destroy alleged training bases for Sikh militants, which it claims its arch rival has built near the border, but pressure from Washington and Moscow stopped the move, the Sunday Mail reported in New Delhi yesterday. A government spokesman
    UPI  -  162 words
  • 347 14 Reuter PHILIPPINE TROOPS opened fire yesterday to disperse Labour Day protesters near Manila, and blocked 10,000 torch-bearing workers who marched on President Aquino's palace denouncing her for refusing to raise wages. Police and hospital workers said two people were injured and a woman was
    Reuter  -  347 words
  • 375 14  -  By ANNA TEO WITH AT LEAST three building projects on the way and the chain still expanding, fast-food giant McDonald s is busy recruiting the restaurant managers it needs. Even an executive search firm was involved as a scout somewhat unusual for juniorlevel management positions.
    375 words
  • 129 14 Reuter FRANCE'S National Front Leader Jean-Marie Le Pen brought more than 50,000 supporters of his an-ti-immigrant policies onto the streets of Paris yesterday in the biggest extreme-right march in the French capital since World War Two. Le Pen, who shocked France by taking almost
    Reuter  -  129 words
  • 413 14 MCDONALD'S has become a property developer of sorts in the course of selling hamburgers. For example, in place of the now flattened Ang Mo Kio Theatre one of three cinemas McDonald's has acquired will be a three-storey building with two units to be leased out
    413 words
  • 826 14  -  By PATRICIA M SCHERSCHEL Financial Editor, in Manila AFTER THREE DAYS of speechifying, the delegates to the 21st annual meeting of the Asian Development Bank in Manila are no closer to finding solutions or at least acceptable compromises for the
    826 words
  • 336 14 Reuter AUSTRALIAN corporate raider Robert Holmes a Court broke his silence at the weekend to explain that he sold 40 per cent of his flagship company last Friday because he wanted a more private life. "Having sold substantially
    Reuter  -  336 words
  • LATE FILE
    • 31 14 Reuter PRESIDENT Hosni Mubarak yesterday warned Egyptians to expect power cuts this year unless rains replenished the Nile river, suffering from nearly a decade of drought. Reuter
      Reuter  -  31 words
    • 46 14 UPI THE OUTLAWED Irish Republican Army claimed responsibility yesterday for two separate attacks in the Netherlands in which three British soldiers were killed and three others injured. A statement warned of further action against British personnel unless Britain "disengages" from Northern Ireland. UPI
      UPI  -  46 words
    • 45 14 AP FIFTEEN PEOPLE were killed yesterday after Tamil rebels blew up a state-owned passenger bus at Sittaru. Sri Lankan military officials in Colombo said initial reports indicated 15 people were killed, 15 critically injured and 15 suffered minor injuries. AP
      AP  -  45 words
    • 49 14 UPI THE MEETING of Palestine Liberation Organisation leader Yasser Arafat and Syrian President Hafez Assad last week could facilitate the return of PLO guerillas to Syria within three months, the Arabic daily Al-lttihad in Bahrain said yesterday, tt quoted Syrian sources in Damascus.
      UPI  -  49 words
    • 59 14 AFP A WEST GERMAN train beat the world record for speed on rails yesterday, as the ICE (Inter-city Experimental) hit 406 km per hour (252 miles per hour). The record was set on the new Fulda-Wuerz-burg line. The previous record was 380 km per hour,
      AFP  -  59 words
    • 38 14 AFP MORE THAN one million foreign tourists visited India in 1987, a 7.8 per cent rise over the country's tourist traffic the year before, the Federal Tourism Ministry in New Delhi said yesterday. AFP
      AFP  -  38 words
    • 52 14 UPI WORKERS at South Korea's second largest vehicle-maker have decided to call off a three-week-old strike now that a wage dispute has been settled. A company spokesman said in Seoul yesterday that employees at four provincial plants of Daewoo Motor Co will return to work
      UPI  -  52 words
  • SATURDAY ROUNDUP
    • 220 14 THE National Wages Council should base its guidelines for wage increases on productivity growth so that Singapore would not become uncompetitive again, said Prime Minister Lee Kuan Yew in his May Day message. Mr Lee called on employers and workers to work towards flexible wage systems
      220 words
    • 144 14 THE CENTRAL Provident Fund (CPF) rates for workers above 55 will be lowered over a three-year period, said Labour Minister Lee Yock Suan. And employers and unions should also start to raise the retirement age to 60 and provide more jobs for older workers. Mr Lee was speaking
      144 words
    • 86 14 THE REPORT of the Select Committee on the Team MP Bill is likely to be ready for discussion at the next sitting of Parliament, scheduled for sometime this month, said Trade and Industry Minister Lee Hsien Loong. During this week, the 13-member committee will meet
      86 words
    • 89 14 SECOND DEPUTY Prime Minister Ong Teng Cheong was re-elected as the secretary-gener-al of the NTUC on Saturday. He scored the highest number of votes at the end of the three-day NTUC triennial delegates conference. Veteran unionist Oscar Oliveiro was re-elected the NTUC president with the second
      89 words
  • Page 14 Advertisements
    • 395 14 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Telecoms goes overseas to market its services, setting a pace other statutory boards will find hard to keep up. 2. A large supplier of 'thin film' disks,
      395 words

  • SHIPPING TIMES
    • 260 15  -  By G DURAIRAJ OVERALL throughput at Port Klang is expected to exceed 14 million tonnes this year compared with 13.2 million tonnes in 1987. Traffic during the first quarter registered an 18 per cent increase totalling 3.6 million tonnes with large
      260 words
    • 231 15 Reuter AT LEAST three more shipping conferences serving Bangkok Port have told member lines to impose a progressive congestion surcharge similar to one announced last week by the Anera (Asia-North America Eastbound Rate Agreement), shipping industry sources said. They said the Tifra (Thailand
      Reuter  -  231 words
    • 205 15 Reuter A UK GOVERNMENT decision to introduce new safety measures for all passenger ferries before talks with the International Maritime Organisation (IMO) was deplored by delegates to the annual general meeting of the International Chamber of Shipping (ICS). Delegates recognised the need to
      Reuter  -  205 words
    • PORTSIDES
      • 95 15 Reuter YUGOSLAVIA said it implemented a law making it compulsory for ships with dangerous chemical cargoes to have a pilot escort vessel when sailing through Yugoslav waters. The state news agency Tanjug said ships carrying dangerous chemicals to the Adriatic ports of Rijeka. Zadar. Sibenik, Split
        Reuter  -  95 words
    • 163 16 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
    • 1016 16  -  Maritime fraud: a thriving business By From Al O Labita Jr in Manila IN 1979. a Singaporebased syndicate bought an ocean-going vessel, the MV Glory Universe, and loaded it with goods bound for an overseas buyer. But the cargo-laden ship never reached its destination. Somewhere
      1,016 words
    • 706 16 FURTHER buying by Chinese interests continues to feature the ship sale and purchase market, second-hand-tonnage brokers said. The Kamara. motor bulker of 66,383 dwt and built 1977 was bought by a Chinese concern for about US$ll.5 million to US$l2 million, while about US$3.l million was reported to have been
      706 words
    • 941 16 AB SHpg V 5 ABC Con»»»»f VIM 1 Accord SHpg VI 3 Ahronfciol lm#r XI 3 Africa Oc®o« XN 2 Alltrons VII 3 AC To#pt*< XI 5 Awtfico" Tpl XN 4/5 Anro Sr*»ct IV 2/3 Arrow I ops IX 5 Aston Ocoon XI 4 Assoc Corrioga XI
      941 words
    • 383 17 Lloyd's List INTERNATIONAL management H B Maynard claims to have come up with a plan which would save the Swedish merchant fleet £40 million a year. The reduction in operating costs would come from a big cutback in the size of ship crews,
      Lloyd's List  -  383 words
    • 244 17 Reuter THE UNITED STATES Coast Guard has been ordered to crack down on anyone found with even small amounts of narcotics at sea, US Transportation Secretary James Burnley said. Mr Burnley said the Coast Guard had been given broader powers to carry out
      Reuter  -  244 words
    • 94 17 AFP A JAPANESE ship ferrying a load of lubricating oil, cotton oil. corn oil and tallow ran aground in the Strait of Juan de Fuca 19km west of Port Angeles. the US Coast Guard said. No injuries were reported and none
      AFP  -  94 words
    • 188 17 Reuter A CALL for United Nations action to provide co-ordinated protection tor shipping in the Mid-East Gulf was made by International Chamber of Shipping (ICS) chairman Sir Brian Shaw. Speaking at the the ICS annual general meeting, Sir Shaw said the ICS
      Reuter  -  188 words
    • 176 17 Reuter CARMEL CONTAINER Systems Ltd said earnings for its first quarter ended March 31, 1968 will be lower than the U*****,000, or 30 cents per share, on revenues of US$l4.l million posted for last year's first quarter. The company cited the continuing effect of unfavourable
      Reuter  -  176 words
    • 6777 22 aaasagnijj 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
      6,777 words
    • 1312 23 AT CONVENTIONAL WHARVES Veeael Berth Arrival Departure KEPPEL WHARVES Chris Isabel KM olongside 04 05 2300 Equator K22 alongside 0205/1500 Hock Ann K27 alongside 0305-0600 Kiccho M K20 alongside 0205 0600 Koto Sato K33 alongside 0605 0600 Koto Wongi K3I olongside 06 05 0600 Kris Melela K25W
      1,312 words
    • 2070 24 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) Muttiport Sdn Bhd (PK) Alltrans Alltrans Express American President Lines
      2,070 words
    • 1021 24 CHARTERING throughout the freight merket on Thursdey was much quieter with little change in rates, shipbrokers said. Fresh grain fixing from the US was very slow to develop with no business seen on the significant Gulf to Japan or Continent routes. Charterers were said to be refusing to
      1,021 words
    • 427 26 OAKLAND PORT has joined hands with the city's authorities and the US Naval Supply Centre at Oakland in a unique joint venture agreement making the port and the Navy partners in a massive 79-hectare intermodal and warehouse project. The port is leasing
      427 words
    • 269 26 THE SUEZ CANAL suffered a 2.1 per cent drop in cargo volume during 1987 compared with a 0.5 per cent decline in 1986 following a decline in northbound oil transports. Figures released by the Suez Canal Authority in Ismailia also show that northbound
      269 words
  • Page 15 Advertisements
    • 702 15 11 »w, TIMES m 90 •<«» STP Distributors OOCL Orient Oveiqias Go*Uaim\ Line WW jXrOINC SHIPPING AGENCIES (Reg No *****4/ 00K) 200 Cantonment Road #12 05 Southpomt, Singapore 0208 TH 22X8011 TELEX NO RS ***** TERMINAL CFS Td *****11 220 BOOKINGS Tel *****34 235 PCSAKA JAROINE SHIPPING AGENCIES SON BHD.
      702 words
    • 121 15 ICS calls for UN protection in GuN, Pago 111 IN 1979, a Singapore-based syndicate bought an ocean-going vessel, the MV Glory Universe, and loaded it with goods bound for an overseas buyer. But the cargo-laden ship never reached its destination. Page II INTERNATIONAL management H B Maynard claims to have
      121 words
    • 625 15 aO° ft„ TIMES STP Distributors Tm%99 Pub*«#Nng Croup MAERSK LINE USA IS CLOSER TO YOU WITH MAERSK LINE OAKLAND 17 DAYS LOS ANGELES 18 DAYS To Europe UK Scandinavia Finland This week Anna M Closing Time CY 4* 2300 MRS CFS 4/5 1300 MRS M R»nao M Rando M Rando
      625 words

  • Page 16 Advertisements
    • 649 16 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO: ALL UK INLANO DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS. GOTHENBURG, MALMO. HELSINKI, OSLO. AMSTERDAM, CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT BREMER- R'DAM/ SOUTH- KAOVOY NO HAMBURG HAVEN ANTWERP LE HAVRE AMPTON P KELANG S PORE HONGKONG HSIUNG OSAKA BAY KITANO MARU
      649 words
    • 100 16 SJ CSAV Corrponu Sud Americanj do Vjpcrcs S A Lmc r '-d :< 30V" IXLS. TO/FROM CHILE FEEDER VESSEL S PO«t MOTHER VESSEL HK MICA IQQ ANTOF VALP SAI CSAV 1 1/5 VELA* 11/5 1/7 1/7 11/7 CSAV 2 *5 CAN CARRIER (TO* 2*5) M W* CSAV 3 12/5 LAJA
      100 words
    • 245 16 CHARGEURS REUNIS ACtNTS SINGAPORt TfL *****11 Till* RS7I6SO fAX 7««bl Anglo French Shipping MALAYSIA MISC AGfNCffS ON BMT PK 3M5753 PtN ****** BBS _Bart>er Blue Sea SuperCarners for roll-on/roll off and container flexibility TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA B HECTOR TOURCOINC a OCEAN Alm acceptinf coolrj
      245 words

  • Page 17 Advertisements
    • 897 17 The Straits Steamship Group Mansfield Container Shipping PteLtd P&O Containers CONTAINERSHIP SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK LA SEINE HAMBURG EXPRESS KOWLOON BAY •ENAVON OSAKA IAT PEGASUS PROGRESS VS»N PEGASUS PROGRESS V 525* CONTAINERSHIP SERVICE FROM UK/CONTINENT: BANGKOK BORNEO
      897 words
    • 734 17 EUROPE LJI IIJ4 HJ4 17J4 IM4 E£ 111 117J4 11.14 IU4 EE Oil aO4 OJ4 21.14 24J4 EE lit 115JS 11J6 II 14.16 r.->|r'" 4l J J 11TU.., M I*■in f" USA/PANAMA EF 111 21.K EF 111 111 H EF 112 24.01 lltf »wa m NEW YORK SEHIM JAPAN lEI
      734 words

  • Page 18 Advertisements
    • 447 18 MSI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN MEE2AN IRAN TAKHTI IRAN VAHOAT Singapore 5/5 W 3/S Loading fot BANOAR ABBAS BANDAR ABBAS BANDAR ABBAS KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: k A VESSEL 15/5 LAE, PMB, RBL. HRA MICRONESIA SERVICE >
      447 words
    • 753 18 KS LINE KM* tNirrmt c»•***><"»« FULLY CONTAINERISED SERVICE TO FURORE VIA SUFZ A Member of the Ace Consortrmi CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL HAISBON KUANTAN S PORE LOADING FOR 20/5 DUBAI. DAMMAM GEN AGENTS CROWN MARINE CO (PTE) LTD TEL: *****8* <9 Linos) FAX NO: *****69 SUB AGENTS: KUALA
      753 words
    • 341 18 k FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO DUBAI: SAILING 6/5 FOR: POPTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER A ISTANBUL U.S.A. 11/5 5/6 21/6 CHICAGO, BOSTON, JAV, PHIL, SAV, 7/5 2/6 14/6 MIAMI t ALL MLANO DESTNS PAPUA NEW GUINEA
      341 words
    • 1064 18 EVERGREEN i Full Container Service lound-The-World East Bound (FE/CARIB/USEC/EURQ/FE) EVEII CLE AMY/EVER GIFTED In ft EVER CLAMOUR EVER GENERAL EVER GLOBE EVER GAINING 5* rr« «iSSia?!aaiaisa»H«s B 7, ,K T3 U Si Si J? j» w j» ALSO ACCEPTING CARGO TO 1) PROVIDENCE NEWARK. SAVANNAH SOS TO* PHILADELPHIA NORFOLK JACKSONVILLE
      1,064 words

  • Page 19 Advertisements
    • 922 19 PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE VESSEL SIN MY SM 8/8 U 1M IS/5 10/5 22/5 20/5 7'5 21/5 FORTUNE M2l BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE VESSEL VOY SM
      922 words
    • 386 19 irjt BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASM AN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA. FIJI AND NEW ZEALAND SIN MAIN LINE HKG NOUMEA SUVA AKI NAP TM TGA 12/5 AOUTAS
      386 words
    • 578 19 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SENI CONTAINERSHIP SERVICES 1 SIN6APORE TO EUROPE VSL/VOY SRIWIJAYA/23W8 OCEAN PRIMA,IOWB PALEMBANG/9WB UNISIERRA/CP 29-03 BILBAO ANTWERP H'BURG/ 12-14/5 20-22/5 ROAM/ADAM BREMEN Stib|sct to Inducamant. Also accepting cargo to Casablanca, Port Said,
      578 words
    • 360 19 BOUSTEAD SHIPPING AGENCIES LO* KAN V/13JW PAGAN VI27W AVA VH PA-AM V/128R BURMA FIVE STAR SHIPPIIIB CORPORATION (Burmese National Line) Loading for Rangoon S'port P.Kelang Ponang Banfkok wmy SNMay £>% I T BANK LINE TAUSALA SAMOA VI2N MORAYBANK VSN CLYDEBANK V2JN SPOKE ROAM HULL 12/5 100 15/6 10* W \*p
      360 words

  • Page 20 Advertisements
    • 1117 20 K LINK KAWASAKI KISEN KAISHA, LTD. ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE N. AMERICA-ATLANTIC COAST VOY LB 18 26/3 •PK/PNG *INDO N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST VCR PLAND 2S/5 30/5 4/6 6/6 11/6 13/6 18/6 20/6 VOY
      1,117 words
    • 896 20 '/l€ INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL ConMnan s«npoor» PMm Ptnanf load** lor MoKTVji 8, ftadtr B, Ftadtr 9*** l *JcaM vw IH., imr iiu, cucmm. 13 *1 tfc* i Iter KMdU/Bombay TIGER BAT V X II May CikxttilMru INDIAN COURIER V.3ON U Iky li «U T 11 May HM/CalcatUCkoflfadra
      896 words
    • 740 20 GOLDEN LINE GUAN GUM SHPPMG (PTE) LTD 73, TaM Af«r StrMt SINGAPORE 01M TEL 5343 M (10 LINtS) Fai U4JSM STRAITS/PERSIAN GULF SERVICE: Sport P K«toc Panani GOLOCN BEAR Cotombo/lUradM/OubM 17/11 Hay GOLOCN HARVEST Cotombo/K«r«dw/Outei Iff Jwm CHINA SERVICE DAI TUN SHAN Mian *7 fey A VESSEL HuangPu/Shanghai 12/14 Hay
      740 words
    • 440 20 PHILI OniCNT LIN€S PT€ LTD HUD OFFICE 63 ROBINSON POAC -0' 12 Af BO ASIA BUILDING S'NCAPOfIE 01C6 TELE* BS 2B7?0 PHILI FA* *****76 EAST/FAR EAST H KONG KOBE KEELUNG W USA SERVICE 7/5. 14/5 LDN. FSI OWE S TOM. TILBURY. ABEROEEN. LE HVE. H BURG R OAM. GENOA. ANTWERP
      440 words

  • Page 21 Advertisements
    • 828 21 S pore NEPTUNE AGENCIES PTE. LTD T Qciwral Enquiries: T«l: *****77 T»t No Terminal CFS BOOKINGS *****22 *****53 P Ketone NEPIINE SON BHD. 3MM7 K Lumpur NEPIINE SON BHD 2****** Ft EU/AUST TPA/SEA «i__ INWARD/OUTWARO MFPTIJMP ORIPMT I Mpc ITH P,n,n NEPIINE SON. BHD. k2n35*276f0*27i61*7?<62 ENQUIRIES 27t7t44 vnii_M I Lllico
      828 words
    • 55 21 WOOD LINE SOUTH AFRICA SERVICE KK SPORE PI REU OBN CT •RALU SA-4/M SM SM 7/5 12/5 20/5 ALSO el/pe EAST AFRICA SERVICE SPORE REU BEIRA ATI LADY Sid 5/5 U/5 WOOD UK DOES IT BETTER General Agents:- WOOD LINE (SINGAPORE) PTE LTD Singapore Port Kelang K Kinabalu Tel: *****11/5
      55 words
    • 328 21 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG. PENANG. BUSAN, INCHON STRAITS/KOREA SERVICE Vessel* Nam* ETO BS BKK SfOtE PKELANC *Gloria/>O4N 14/04 2104 In Port 03 04)05 M. Enterprise/MtN 2C/04 07/05 10-120S U 14/05 Ho 9 Dorum/MBN 30/04 IMB IJ-21/B 22-23/05 No I Donam/XMN 01/05 22/05 25-27®
      328 words
    • 978 21 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 KELANG MESSRS MAI THONG SNIPPING 127 Penang Street, Penang, Malaysia M S HANDLING SYSTEM CO
      978 words

  • Page 22 Advertisements
    • 295 22 IRE CORPORATION (PTE.) LTD. TEL 225 6868 »30 Lmesi FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD Vf,B DEUTFHACHTSEEREEDEREI ROSTOCK *****23 U23 [£23 |22j ***** RUHLANO IM WUCLM PKCK 3M •A«a*mg cargo tar Hang Kong Buaan. Tokyo and Rote REGULAR CONVENTIONAL SERVICE TO EURO**
      295 words
  • Page 22 Miscellaneous
    • 168 22 Regional Weather x 03 V/a ■m A Vrv Ifi > a m m §3 r if* m r*« 3 K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: °C cf w Wmd direction with speed m knots Wave height R Thunderstorm Temperature c /X sl H)wef Weather
      168 words

  • Page 23 Advertisements
    • 1163 23 CSP SHIPPING AGENCIES PTE. LTD. Tel *****66 (16 Lines) Fa* *****15 FIXED CONSOLIDATION SERVICE FCL/LCL TO: CHINA, HONG KONG, BANGKOK, P.KELANG, KEELUNG, KAOSHIUNG, MANILA, BIISAN, TOKYO/YOKOHAMA KOBE. OSAKA, FELIXSTOWE, HAMBURG ALL EUROPE BASE PORTS ALL USA PORTS Also accepts to other destinations. ACCEPTING FCL/LCL AND CONVENTIONAL: MV Tobona West Voy
      1,163 words
    • 213 23 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. Q] IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT WEST BOUND SERVICE ETA S PORE m LOADING FOR Jeddah Aqjbj BafMad THROUGH B/L* to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AO ABA I BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERS/CONVENTIONAL COO FOR
      213 words

  • Page 24 Advertisements
    • 606 24 FINE-LINER SHIPPING PTE LTD 10 Shenton W)y. 04 0?C Mirin.i House S pore 0?07 Tfl ;?!>907/ (a l.nes) TIX RS FLINER FAX iWH* EUROPE SERVICE IIII'M'.!I T»" I Ifi |»S 111/5 TBI IOJ 14/t IIM 4* M 2M 77« FAR EAST SERVICE m i» lisrt ima MIDDLE EAST GULF SERVICE
      606 words
    • 505 24 ZIM FULL CONTAINER SERVICE accepting FCL/LCI cargoes to USA East 1 Weit Coast Carribbean East Canada HAITI CotU Rica. El Salvador. Guatemala Honduras Venezuela Peru Ecuador Colombia via Miami Trinidad Barbados Antigua St Lucia. Montserrat. Cuayana via Kingston T22 3GS3I2n!CIMISMigi3M TMTT»I 1/5 2iM KEELUNC Hi mm KEELUNC 7ft |ZIM KEELUNC
      505 words
    • 619 24 S COMPANIA PERUANA V A 5 ASA DE VAPORES Q 5 "PERUVIAN STATE LINE" Q K LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER C S PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON r d 21 CPV THROUGH BILL OF LADING TO FINAL DESTINATION. MURRAYEVERETT THOMASEVERETT HUCHEVERETT "EVERETT ORIENT LINE"
      619 words

  • Page 25 Advertisements
    • 242 25 Seabrfdgfe INTERCONTINENTAL LINE General/Marketing Agents: SEABRIDGE TRANSPORT SINGAPORE MALAYSIA (A member of the JEURO GROUP of COMPANIES, Japan) Singapore *****11 Tlx: R*****1 SEAAIR Fax: *****50 Warefiou*® at PSA Multistorey Complex *****06 Malaysia: *****33 Tlx: MA***** Fax *****66 WEEKLY FROM Singapore Port Kelang Penang UK/EUROPE: FAR EAST United Kingdom Bangkok, Hong
      242 words
    • 259 25 \{l tU]%!!'M-1f i -i i l. i T Mg BREAKBULK CONTAINER SERVICE TO CHITTAGONG, INDIA TAIWAN VESSEL NEW GENLORD VOM NEW GENTRADE V2OH NEW GENLORD VOMS YE XING A VESSEL 10-13/05 19-23/05 15-11/05 25-30/05 29-31/05 (*-10/05 CHINA SERVICE 12-15/05 HUANGPU. SHANGHAI 25-30/05 HUANGPU r Egyptian International Shipping Company SERVING DIRECT
      259 words
    • 399 25 LCL/FCL SERVICE fSZI tci»7PM i yum u-m TBN Also acccptlng carQO to KEELUNQ, KAOHSIUNO, MONO KONG. P. KELANG. BUSAN 4 JAPAN E. MALAYSIA BRUNEI PORTS Zv '..f WJJ TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST Uil'KU LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Fax: *****77 S.E.ASIA/CHINA SERVICES SGP PKLANG
      399 words
    • 648 25 GLORY NAVIGATION GROOP REGULAR LINER SEBVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SELATAN V VK GLORY StLATAN VII GLORY SELATAN IX tfi 24/4 BANJARMASJN 10/5 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN
      648 words
    • 427 25 PTC CONTAINER LINES FCI/LCL SERVICE PTC GIVOUP ■Ull Mir.yj.H 6/5 SYD/MELB/ADEL/FREM 7/5 AUCKLAND/WELLINGTON 13/5 P. MORESBY/RABUAL/LAE SIN SQiTW ASIA 8/5 BOMBAY/MADRAS/CALCUTTA 7/5 COLOMBO 10/5 KARACHI C/CJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL UN AFGHANISTAN 18/5 HAIRATAN/KABUL/TOURGHUNDI WORLD FREIGHT SERVICES LTD International NVOCC Container Liner Weekly Service To and
      427 words

  • Page 26 Advertisements
    • 362 26 £11 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** I \\l I K\ C \K I IM K. I II) STRAITS/ JAPAN/ STRAITS SERVICE iPECIALIST IN RO-R0 HEAVY LIFTS 'Subject to cargo inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN ft CHINESE
      362 words
    • 520 26 CGMi FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/CUtF/CANADA/IKX AND FRENCH WEST INDIES ICO For GuN: Miami, Mobil*, New Orleans, Houston/Mexico Vera Cruz, Mexico City. Also serving Halifax, Montreal. Toronto. New Tort, Baltimore. Portsmouth. Norfoik. Savannah/ FRENCH W. Indies Port De France. Pointre A. Pitre, Degrid D.
      520 words
    • 198 26 55? WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES Tel: *****88 (8 Lines) Tlx: RS ***** Tatsumi Marine MRECT 8 AUNG TO PAPUA NEW GUINEA (ACCEPHNG BREAKBULK t CONTAINER CARGO) Direct cat to other ports subject to inducement (also accepting transhipment cargo: OROBA Y, MADANG. KIETA, WEWAK KtMBE
      198 words
    • 785 26 /M, CALL US ATP. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE 1 K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER I BUTANC 437 I. BUTANC 431 B. BUTANC 44) 18. BUTANC 443 OTHER DESTINATIONS AARHUS. AMSTERDAM ANTWERP. BASLE BREMEN BREMERHAVEN. COPENHAGEN. HELSINKI. MALMO. OSLO. STOCKHOLM. UK FROM EUROPE
      785 words