The Business Times, 25 May 1988

Microfilm: NL16193
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, MAY 25, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    251 1 AFP Dow Jones up NEW YORK stocks rose slightly in early trading yesterday as the amount ot activity increased from the previous session, the slowest since the day after the Thanksgiving holiday last November. The Dow Jones Industrial Average edged up 2.49 points to 1,943.97 in the
    AFP  -  251 words
  • Article
    Keppel Corp said to be planning major fund-raising exercise
    352 1  -  By MAGDALENE NG KEPPEL CORPORATION is preparing to tap the market for funds either through a bond or rights issue, a source close to the listed conglomerate said. The amount to be raised is believed to be close to $100 million.
    352 words
  • Article, Illustration
    Regional markets recover after weak opening
    175 1 STOCK MARKETS around the region closed firmer yesterday after opening weak because of the 11-point fall in the Dow Jones Industrial Average to 1,941.48 on Monday. Share prices in Singapore closed mixed in moderate trading as bargain hunting reversed the earlier downward trend. The
    175 words
  • Article
    US$ ends lower in Asian markets
    118 1 THE AMERICAN DOLLAR closed lower against regional and major currencies in thin trading on Asia's major foreign exchanges yesterday. In Tokyo, the greenback finished at 124.25 Japanese yen and 1.6980 West German marks, down from 124.55 yen and 1.7010 marks at the close in
    118 words
  • Article
    Study afoot to boost trading in five Simex contracts
    667 1  -  Forex Market Committee to form task force By LEONG WEN WAH THE SINGAPORE Foreign Exchange Market Committee has been asked by the authorities to recommend ways to boost activity in the five currency futures and options contracts traded on the Singapore
    667 words
  • Article
    Lock icon Indonesia making its currency convertible
    160 1 AFP INDONESIA has agreed to make its currency, the rupiah, convertible on the international market. The International Monetary Fund (IMF) said on Monday that the government of Indonesia had notified it that it "has accepted the obligations of Article VIII" of the fund's Articles of
    AFP  -  160 words
  • Article
    Lock icon Asian rice producers grappling with worst drought in decades
    496 1 Reuter ASIA'S rice producers, reeling from the effects of the worst drought in decades, are grappling with depleted stockpiles and soaring world prices for the continent's staple food. Experts at the International Rice Research Institute (IRRI) in Los Banos, Philippines said
    Reuter  -  496 words
  • Article
    Parliament to debate recent government actions under ISA
    163 1 GOVERNMENT ACTIONS taken recently under the powers of the Internal Security Act will be debated when Parliament sits today. The discussions will focus on a motion by MP Goh Choon Kang (Braddell Heights) to support the government's "firm action" to prevent Singapore
    163 words
  • Article
    Lock icon Ford chairman backs VAT proposal
    165 1 Reuter THE CHAIRMAN of Ford Motor Co has endorsed the idea of a national value-added sales tax (VAT) as a desirable method of reducing both the US trade deficit and the federal budget deficit. Donald Petersen said in Atlanta yesterday that VAT would be one
    Reuter  -  165 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      207 1 Q99 Official Typewriter Supplier of the 1 983. O'ympics brother A HELPING HAND FOR HOME BUYERS §Once you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to
      207 words
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      Page 1 Advertisements Column 2
      341 1 FuN report, Pag* 16 Regional markets, Paga 18 World markets, Page 19 A serious contribution AS A WOMAN in politics, South Australian Minister Barbara Wiese initially had difficulty getting the men to acknowledge that she was able to make a serious contribution. She finally managed to convince them and was
      341 words
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      Page 1 Advertisements Column 3
      258 1 NEW AGE COPIERS Convenient, reliable feature-packed Sote Agent WEI TAH CO PTE LTD TEL: 746 1051 Shipping Times comet at a separate section today. Make sure you get your copy. Just think. While you wait for your clients to pay up, the money they owe could be in use now.
      258 words
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  • HOME NEWS
    • Article
      Intersil spending $2m to merge operations
      565 2  -  By TIANG PEK YIN INTERSIL SINGAPORE, a subsidiary of General Electric, will spend $2.2 million to merge its entire operations with those of its sister company. Electronic Components of General Electric. The merger, besides consolidating their operations they are both producers of semiconductors will
      565 words
    • Article
      Joint telecoms seminar
      85 2 A JOINT MARKETING presentation and seminar will be held by British Telecommunications (BT) and Telecoms next month. The seminar, on June 13 in the Comcentre Building in Exeter Road, will involve meetings with BT's customers. Topics to be discussed include BT's involvement in the Far East region,
      85 words
    • Article
      RSAF pilot dies
      52 2 A SINGAPORE PILOT died after a Republic of Singapore Air Force Hunter aircraft crashed during a training flight in the Philippines yesterday. LTA Chung Chien Wen, 23, died after an emergency operation. According to a press statement, Mindef will be holding a board of inquiry to investigate
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    • Article
      Hotdog! Another fast-food chain coming this way
      407 2  -  By CLAIRE LEOW A NEW ENTRANT is coming onto the local fast-food market, this time from Down Under. Dinkum Dog, which sells hotdogs. has set its sights not only on Singapore but on the AsianPacific region as well, according to its regional franchise
      407 words
    • Article
      CityDev appeals to High Court for an opinion
      213 2 A DEVELOPER, disputing a government valuation for stamp duty on a piece of property in Neil Road, has appealed to the High Court for an opinion. City Developments Ltd bought the land at the junction of Neil and Craig roads for $5.19
      213 words
    • Article
      SDF to give $1m of grants
      73 2 THE SKILLS DEVELOPMENT Fund (SDF) will give away over $1 million worth of training grants next month to sixteen companies. Mr Mah Bow Tan, chairman of the National Productivity Board and the SDF advisory council, will officiate. The presentation ceremony is on Thursday, June
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    • Article
      US software company in local tie-up
      255 2  -  By TAN KEE WEE AN AMERICAN computer software multinational, Oracle Corporation, is to develop database application software jointly with a local company, Far East Computers (FEC). Oracle will also be setting up its South-east Asian regional office here. Mr John Luongo, senior vice-president of
      255 words
    • Article, Illustration
      Keep up with changes, field hospitals told
      265 2 FIELD HOSPITALS of the Singapore Armed Forces were reminded yesterday to keep up with the latest developments in the medical field. The reminder came from Dr Yeo Ning Hong, the Second Defence Minister (Policy), when he visited a field hospital in Loyang. Dr
      265 words
    • Article
      SIA planning weekly flights to Langkawi
      93 2 SINGAPORE AIRLINES plans to start a weekly service to the island resort of Langkawi in November in a joint operation with Malaysia Airlines. The national carrier will fly to Langkawi via Penang, a destination to which it already has 13 weekly flights. The additional
      93 words
    • Article
      Renewing a memorial
      39 2 THE CIVILIAN WAR Memorial in Beach Road will be restored to its former grandeur when works by the Public Works Department are completed in early August. Until then, the memorial will be closed to the public.
      39 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      351 2 SMEs and the magic of Nixdorf COMET w COMET® Trading COMET® Manufacturing COMET Retail V COMET® Freight Forwarding COMET® Banking COMET Insurance Nixdorf COMET® software is like this magic egg. It is the one idea from which hundreds of business ideas can be developed. A Just as the tangram egg
      351 words
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  • ADVERTISING & MARKETING
    • Article
      BA flying non-stop to London next year
      548 3  -  By GENEVIEVE CUA BRITISH Airways will be offering non-stop flights to London next year in an effort to capture a bigger share of the business and leisure travel market. The company's mammoth purchase of 16 Boeing 747-400s worth about US$2.3 billion, with an
      548 words
    • Article, Illustration
      Kyriakou back on familiar ground
      176 3 JOHN KYRIAKOU, former creative director at J Walter Thompson, is officially back at the agency, this time wearing two hats. Mr Kyriakou left for JWT's Toronto office in October 1986 where he headed that agency's creative department. His creative directorship in Singapore was then taken
      176 words
    • Article
      Pizza Hut — at the doorstep off another HDB estate
      306 3 Pizza Hut at the doorstep off another HDB estate ANOTHER Pizza Hut restaurant is soon to open its doors in a Housing and Development Board (HDB) estate. Following about six months after the pizza chain first set foot in an HDB estate, Ang Mo Kio, Pizza Hut is now scheduling
      306 words
    • Article, Illustration
      Show goes on despite SBC's refusal
      546 3  -  By LILY FERNANDEZ UNDETERRED by Singapore Broadcasting Corporation's refusal to buy 26 episodes of the cartoon series. Captain Power, agency BBDO went ahead last week to introduce the Captain Power toy to major department stores. The Captain Power toy kit consists of a "training
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      135 3 V \±l At the most attractive rates in town, The Plaza Service Apartments offer you all the comforts of home, plus the luxury of a fine hotel, plus: ideal location along Nicoll Highway near Marina Centre panoramic sea views of the busiest harbour in the world kitchenettes equipped with everything
      135 words
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      Page 3 Advertisements Column 2
      686 3 r' (i Presenting the first-ever official medallion commemorating Singapore's premier cultural event... The Singapore Festival of Arts "THE SECOND DECADE MEDALLION" A single solid 24K gold-plated sterling silver medallion every Singaporean will be proud to own iU! 1988 marks the beginning of the second decade &L\ tf s nce d*
      686 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Takeshita vows to solve beef, citrus row with US
      307 4 Reuter JAPANESE Prime Minister Noboru Takeshita vowed on Monday to resolve soon the dispute with the US over Japan's restrictions on beef and orange imports. "We are determined to resolve this issue at the earliest possible time on a bilateral basis,"
      Reuter  -  307 words
    • Article
      Lock icon US-Japanese semi-conductor factory completed
      175 4 AFP THE FIRST superconductor factory built jointly by a Japanese firm and a US business is complete and should begin production at the end of this year, company officials said on Monday. Motorola Inc of the US and Toshiba Corp of Japan ignored traditional industrial rivalry
      AFP  -  175 words
    • Article
      Lock icon Japan extends lead as world's largest creditor
      240 4 Reuter JAPAN extended its lead as the world's largest creditor nation, piling up an extra US$6O.4 billion in net foreign assets in 1987, the Finance Ministry said yesterday. Japan's net overseas holdings the balance between assets and debts it holds abroad reached a
      Reuter  -  240 words
    • Article
      Lock icon Pakistan said to have test fired missile that can carry N-bomb
      220 4 NYT PAKISTAN has test fired a missile capable of carrying a nuclear weapon, according to a US administration official. The American official, who asked not to be identified, confirmed a report from Pakistan, but provided no independent details on
      NYT  -  220 words
    • Article
      Lock icon Spain wants to strengthen economic ties with S-E Asia
      209 4 AP SPANISH Prime Minister Felipe Gonzales said his country wants stronger economic ties with South-east Asian countries. "Spain, which has a long presence in South-east Asia, now wishes to strengthen the economic ties which link it to the countries in the
      AP  -  209 words
    • Article
      Lock icon Tourism accord with Indonesia signed
      120 4 AP SPAIN and Indonesia signed a cooperation agreement yesterday to boost tourism development in the two countries. Under the pact, signed by Foreign Minister Ali Alatas and his Spanish counterpart. Francisco Fernandez Ordonez, the two countries will exchange information and advertisements on tourism, said Tourism.
      AP  -  120 words
    • Article
      Lock icon Manila's capacity to absorb aid questioned
      241 4 AFP FOREIGN DONORS doubt whether the Philippines can fully use a proposed multibillion-dollar aid plan because of bureaucratic bottlenecks, a newspaper reported in Manila yesterday. The US government is seeking contributions from Japan, Western Europe. Australia and other countries to a special fund to
      AFP  -  241 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      890 4 ARRIVALS Operator Sorvic* Local From number tWno SiA SQ11 0040 LAX/NtT UA UA805 0045 SFO/HKG SU SQ491 0525 IWN SiA SQ41 0610 MAA SU SQ47 0700 DEL SIA SQ31 0755 PAt/ftOM MAS MM640 0820 KUL KAl KE624 0840 KUL HM MM601 0900 SEZ MAS MH65I 0910 PEN
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      75 4 America. Only United has same day arrivals anywhere in the USA. We are America's Friendly Skies. Our daily morning departures via Tokyo or Hong Kong wing you across the Pacific in time to enjoy the rest of the day in the States. Lunch on the West Coast, dinner on the
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      Page 4 Advertisements Column 2
      66 4 I I ll \I I If II I The bumu person's choc* every I I I %I I VI II I Tuesday, Thursday, Saturday and Sunday. I A II \J I /I I Leaving Chang. Alport at 22:05 I JV y I 1I S V yj_ 1 hours ond arriving
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  • REST OF THE WORLD
    • Article
      Lock icon Shultz urges quick Senate approval of arms treaty
      332 5 NYT CLEARLY UPSET over the US Senate's delays in approving the new arms treaty. Secretary of State George Shultz came to Capitol Hill on Monday to plead for a prompt vote so President Ronald Reagan could take it to Moscow for formal
      NYT  -  332 words
    • Article
      Lock icon Prem meets Finnish president
      98 5 AFP THAILAND'S Prime Minister Prem Tinsulanonda on Monday met Finnish President Mauno Koivisto and had talks with his counterpart Harri Holkeri. Mr Prem arrived in Helsinki on Sunday on a three-day visit, the first ever official visit to Finland by a Thai prime minister, after completing
      AFP  -  98 words
    • Article
      Lock icon UK economic growth almost stagnant
      234 5 AFP BRITISH gross domestic product was almost stagnant during the first quarter, which showed a rise of 0.25 per cent from the previous quarter, according to provisional figures released on Monday by the Central Statistics Office. But first-quarter GDP was 4.6 per cent above the
      AFP  -  234 words
    • Article
      Lock icon America faces possible recession next year, says report
      229 5 AFP THE UNITED STATES will see slow but steady growth this year, but faces a possible recession next year because of interestrate increases, according to a report released yesterday by the Conference Board. The board, a group of US business managers, predicted
      AFP  -  229 words
    • Article
      Lock icon Reagan willing to work on less-contentious trade bill
      416 5 Agencies PRESIDENT Ronald Reagan was expected to veto a major trade bill late last night, but White House aides say his veto message will show that he is willing to work with Congress on a less-contentious version. The House of Representatives is
      Agencies  -  416 words
    • Article, Illustration
      Lock icon Move over Blue Thunder...
      250 5 AP THE FIRST non-experimental aircraft (above) that flies both like a helicopter and an airplane rolled into the spotlight in the US on Monday, hailed as an aviation milestone by US legislators and top military brass. The V-22 Osprey, a tilt-rotor craft that takes off and
      AP  -  250 words
    • Article
      Lock icon Exim Bank runs up record loss
      185 5 Reuter THE government agency that assists US exporters has said that it lost a record U*****.9 million in 1987 and warned that its financial condition would remain bleak for several years to come. In its annual report for the year ended Sep 30, 1987,
      Reuter  -  185 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      258 5 "Two's company, three's a crowd. Except in a Volvo." In most cars, seating comfort is a prerogative of the front occupants. But not in a Volvo 740. It has more spacious comfort in the front seats and rear than any other 2-litre sedans. This means that 3 of your business
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      46 5 Doonesbury BY GARRY TRUDEAU ws mi MHATS OH, MY V HOURSSAf, 600PN&5... Jr. MOMMY? USTEN TO J 7mPßtoygh m 22s *rf> M <9* m "fi i I -TI iii 01 111 XJ OLi Hi ij w ft *>:&■ w\ 1 •"xy !i t L-i if? ia.i SSS
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  • COMMODITIES
    • Article
      KL Tin
      172 6 THE PRICE of tin on the Kuala Lumpur Tin Markat roae six cents yesterday to dose at M 817.56 per kg in continued active trading. Daalars said the market extended Monday'a gains on peraiatent short-coverings from Europe, Japan and locally, with a strong bid of 263 tonnes noted
      172 words
    • Article
      Produce prices
      235 6 Chinese Produce Closing prices on May 24 Exchange (US$/tonne, FOB) Sellers' noon dosing prices on White Rice May 24 (S$/100 kg) 100% lit doss 350 Coconut oil 100% 2nd doss 315 100% 3rd doss 310 Buft FOB 107.00 5% 300 Old drum FOB 117.00 10% 295 New drum
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    • Article
      Oil and Products
      95 6 WORLD crude prices fell yesterday on heavy selling. Naphtha prices followed the slide, while regional crudes and product prices held steady. Closing prices for crude (FOB origin) US$/borrei Change Top* Um) 17.00 unch Mhn* (Jim) 16..56 Dubai (My) 14.90 -0.07 W«* Texot wn (j«i y r' 17.33
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    • Article
      Rubber
      157 6 SINGAPORE The market closed firmer yesterday, after fluctuating fairly widely and June One RSS buyers ended at 287.00 cents a kg. up three cents from Monday. Inro's offer of SMR 20 at 265 Malaysian cents a kg for July delivery, ex-ware-house basis, in the local market failed to attract
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    • Article
      RAS and MRELB
      278 6 RAS prices m 3 cwmAg, fob m t>ei« NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 278.00 280.00N 288.00 290.00N hllMJw 88 276.00 280.00N 287.00 291.00 bit 1 RSS July 280.00 285.00 291.00 295.00 Int 2 RSS OP 273.00 277.00N 282.00 286.00N Int 3 RSS
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    • Article
      SSR and SMR
      75 6 (canh/kg) JUNE 1988 JULY 1988 (currant month) (forward month) NOON NOON RAS tuyart SaMan bytn Saltan SSR 20 255.00 260.00N 255.00 260.00N SSI 50 253.00 258.00N 25X00 258.00N MRELB luyan Sattao tuyan Mw SMI CV 500.00 502.00N 501.00 503.00N SMI I 505.00 507.00N 506.00 508.00N SMI 5
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    • Article
      Precious Metals
      321 6 HONGKONG: The metal closed lower yesterday in active trading on profit-taking by local and Japanese speculators. Gold attracted some selling, mainly in response to the weak tone of platinum prices. Bullion ended at US$459 05/45 an ounce against an initial U*****.80/460.30 and compared with New York's close of
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    • Article
      Palm Oil
      401 6 MALAYSIAN CRUDE PALM ON. FUTURES edged closer yesterday to the Msl,ooo mark when June deliveries closed at Ms9B4 a tonne, up Msls from Monday, in steady and active trading. July deliveries had a bigger rise, going up by Ms2o to Ms97B. while August deliveries, which saw the bulk
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    • Article
      London markets
      303 6 London Commodity Exchange k/yer/Seller closing prices on May 23 (£/tome unless specified). Previous dosing prices in parenthesis. CoffM Basis In-ttor* London, tollort option OF London May 1050/1051 (1059/1061) High/Low 1070/1050 M 1069/1069 (1077/1078) High/Low 1083/1069 Sates (767) Cocoi May 926/927 (934/935) High/Low 938/928 M 941/942 (950/951) High/Low 952/940
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    • Article
      Soybean
      90 6 SOYBEAN FUTURES on the Chicago Board of Trada sold oft after a midday rally attempt failed on Monday. Future* cloeed down 21 K to 19 US cents a bushel in moderate trade but were still above the initial lowa. July settled at USS7.S7K. Soy meal cloeed down US$6.4O to
      90 words
    • Article
      Wheat
      89 6 WHEAT FUTURES on the Chicago Board of Trade aaaad on Monday in aympathy with tha sell-off in aoybeans to cioaa down 2X to seven US cants a buahai but wall abova opening lowa. July settled at 3.42% oanta a buahai. A major axporter waa tha featured seller of September.
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      223 6 With flights on Monday and Saturday, we're making it twice as easy to reach the magic of Mauritius. And, with its superb natural beauty and exuberant night-life, Mauritius promises twice the fun. m Azure blue lagoons for skiing, surfing and snorkelling. Endless powder white beaches to sun-bathe "HIM and contemplate
      223 words
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      Page 6 Advertisements Column 2
      176 6 •J?:' V i't •■V ■V .**r& -I* S\ "V 1 k f &F5 All the charms of Austria it'sif I <J v ;*"J* t **re~ ■r 5* *»•<* 5 *<*« sv« ifc v 1; f t vf <• r rV 4 Once ogain, we pay tribute to Austrian tare at
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      345 7 Think of it. When your company succeeds with the assistance of our comprehensive business banking services. Or when your foreign exchange risks are minimized with the help of our wide range of treasury financial services. \bull know youve made the right move when your main bank bears the name Standard
      345 words
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  • PERSPECTIVE
    • Article
      The power of delegation
      433 8 THE NATIONAL Trades Union Congress' deputy secretary-general, Mr Ng Pock Too, last week urged bosses not to send representatives without authority to negotiate wages. He was responding to complaints by unionists from the Singapore Bank Employees' Union that management had the tendency to do this, bogging
      433 words
    • Article, Illustration
      An all-round Australian experience
      512 8 SOUTH AUSTRALIA aims to "provide an all-round Australian experience" in a convenient and concentrated way. It is not a state which should concentrate on mass tourism but on a particular market niche, says Ms Barbara Wiese, South Australia's Minister of Tourism. This is possible because South
      512 words
    • Article, Illustration
      The lady perseveres
      866 8  -  As a woman politician, Barbara Wiese had difficulty getting her male colleagues to take her seriously. But when she succeeded, she made it to not one but four ministerial posts. TONG SUIT CHEE profiles the South Australian Minister who visited Singapore recently. TONG SUIT CHEE AS IF
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    • Article, Illustration
      Lock icon Tips from the peanut gallery
      1074 9  -  Former US presidents Jimmy Carter and Gerald Ford have formed American Agenda, a group set up to explore policy options on some ot the pressing questions that are likely to confront the next US president. MARTIN TOLCHIN reports. MARTIN TOLCHIN NYT FORMER US PRESIDENT Jimmy
      NYT  -  1,074 words
    • Article, Illustration
      Lock icon Traditions die hard in this land
      681 9  -  DENIS GRAY examines economic changes in communist Laos DENIS GRAY AP THE COMMUNIST WORLD'S experiments with free enterprise and greater openness are sweeping through remote Laos, where officials admit failing to impose dogmatic Marxism on their people who have traditionally opted for muan enjoying
      AP  -  681 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      204 8 For Your Used Copier..... \fes! A $450 Gift? f At this promotional offer, your used copier will be worth $800 when you trade in for our new Selex 1050. OR get a free Silver Reed EPIO ftirtable Electronic Typewriter worth $450. If this doesn't arouse you. our copiers might. The
      204 words
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      Page 8 Advertisements Column 2
      26 8 Take that business trip with the right clothes to give you the right look WINDY BAY APPAREL PTE. LTD. Marina Square #03-316 Singapore 0103. Tel: *****07.
      26 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      632 8 CRYPTIC PUZZLE ACROSS 1 It lights the church on the hill (5) 6 Talk about a politician's umbrellas (5) 9 Mostly illuminating satire (7) 10 To do wrong at first brings hatred (5) 11 The last thing to be back-breaking? (5) 12 Search and rob a mad flier (5) 13
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      101 9 Where will today's high-tech industries tomorrow? At New Tech Park, Southeast Asia's first high-tech manufacturing complex opening in late 1988. With integral lighting, suspended ceilings and air-conditioning. Prestigious industrial space, set in a landscaped park in Lorong Chuan. Knight Frank Cheong Hock Chye Ballieu can get you there. Just call
      101 words
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      Page 9 Advertisements Column 2
      160 9 ~4 W i m I II i* W i The Wondrous Splendour of North India The Beauty of India awaits you I Come North to Delhi, where history lives for 5.000 years or more To Agra home of the fabled Taj Mahal, a monument of love and one of the
      160 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1272 9 w ra mm 83^ £wy' Mr w/, John Schneider and Kirk Douglas (right) star in tha action-advantura Eddie Macon'* Run PM Opening and Progromme Highlights followed by Fashion TV. This week, we look at designs from Hubert de Givenchy's past collections and the famous celebrities he has dressed. Also videographer
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      207 10 It's no exaggeration. Hewlett-Packard has developed a computer concept so revolutionary, so genuinely breakthrough, that most other computers on the market are simply outmoded. We've called the concept Precision Architecture because it delivers precisely what people want from computers: high performance, painless growth, high reliability, easy maintenance, competitive pricing. In
      207 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      182 11 V I JUST INVENTED THE COMPUTER v. K m €i 5 WW, f W%*M V 9fei mm ->*, xa gWs4om. p jr-efficiently, :omplexity is ess is more. ore speed, to maintain. HP Precision Uses l6rd And it performs better. It processes more work, faster. And has a higher top-end capacity.
      182 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Pistons ready for battle with Celtics for crown
      387 12 UPI ANOTHER YEAR WISER and with a few days rest, the Detroit Pistons are ready for their second meeting with the Boston Celtics for the Eastern Conference crown. A re-match of last year's East finalists was assured on Sunday when the Celtics
      UPI  -  387 words
    • Article
      Lock icon Obelmejias wins super middleweight title
      248 12 AP FULCENCIO OBELMEJIAS of Venezuela scored triple knockdowns to win the World Boxing Association super middleweight title on Monday with a unanimous decision over defending champion South Korea's Park Chong-pal. Obelmejias clinched the world title for the first time in his 11-year career. The victory,
      AP  -  248 words
    • Article, Illustration
      Cool, calm and charmingly disarming
      466 13 THERE IS A certain elfin charm about China's top woman badminton star, Li Lingwei. Apart from the innate beauty of her round face and the slim grace of her 24-year-old figure, that impish smile could devastate and disarm anyone. During the six years that she
      466 words
    • Article
      Lock icon They're weary, tired and longing for home
      323 13 UPI AS THE PGA Tour leaves Texas and begins its final rush towards the US Open, a common word creeps into the conversation for many of the players who travel from town to town. The word is "weary". "I'm tired," Ben Crenshaw said
      UPI  -  323 words
    • Article
      Lock icon Lewis out to extend winning streak
      233 13 UPI CARL LEWIS, long jumping for the first time since the World Championships last September, needed just one attempt to extend his winning streak in the event to 53. Lewis jumped 8.47 metres in his first long jump of the year over the weekend
      UPI  -  233 words
    • Article
      Malaysia sweeps all three singles against India in Thomas Cup
      518 13  -  From SHIRISH NADKARNI MALAYSIA, generally expected to make the semi-finals of the Thomas Cup international men's badminton series, met its opening challenge with aplomb. The host nation s shuttlers made a confident start to their campaign when they swept the
      518 words
    • Article, Illustration
      McEnroe wins but has no great expectations
      517 13  -  From BARRY WOOD JOHN McENROE, fully recovered from a back injury, yesterday reached the second round of the French Open, his first victory in the tournament since reaching the quarter-finals in 1985. Things are no longer what they were for the former world
      517 words
    • Article, Illustration
      Lock icon West Indies heading for another defeat at Lord's
      410 13 AFP WEST INDIES were left a dispirited side at Lord's on Monday, after England had ground them remorselessly towards a whitewash in the One-Day International Series. England ended a rain-inter-rupted day poised for a 3-0 series victory, having restricted West Indies to
      AFP  -  410 words
    • Article
      Lock icon Three Andrettis in a row
      265 13 AFP FOR TWO DECADES, the name Andretti has been associated with the Indianapolis 500 motor race, but this year there will be three Andrettis. Mario Andretti, the 1969 Indy champion and 1978 Formula One world driving champion, will be racing in Sunday's famed 500mile race,
      AFP  -  265 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      361 12 4 COURyOISIERXO~Where to eat, drink... lme reats Cafe Vienna has expanded its spread Pof tea time snacks. There is m f'pU I W selection of more than 20 items each day because you had raved about our traditional treats and asked for more. Each day, there's a different combination of
      361 words
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      Page 12 Advertisements Column 2
      152 12 WE'RE COOKING WITH WINE, how fine, let's dine, set lunch or dinner, Ist 31st May. Chicken with Wine, Veal with Wine, Sole with Wine, Beef with Wine, Pork with Wine, Duckling with Wine, Get the picture? A different set, Everyday of the month of May With choice of appetizer, dessert,
      152 words
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      Page 12 Advertisements Column 3
      157 12 PLEASINGLY HYATT Discover the world of sensational Singaporean dishes in a buffet. Taste Chinese. Malay, Indian and Nonya specialities in one meal. At Plum's, daily for lunch and Friday and Saturday for dinner. Price: $20*. A fabulous one-stop gourmet's dream! Pi c. e; m. 2: Hyatt Regency©Singapore 10-l?Scomeooa Vigaoor»o922 IW
      157 words
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      Page 12 Advertisements Column 4
      222 12 Happy Flours are now Doubly Good: Every second's on-the-house! The Fountain Lounge is flowing with the good times Between 5 and 8 pm daily, for every drink you order you get your next FREE And bottle purchases are at 25% less There's no happier time to enjoy your favourite drinks
      222 words
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      Page 12 Advertisements Column 5
      151 12 r /T French connection The culinary favourites of France are yours to enjoy from May 1 31. With Fines de Claires, Canard a l'Orange, Quiche Lorraine, Escargot au champignons, Coq au vin rouge, Crepes Suzette and more! Make the French connection for just 15* for children. Prvms subprctuj 10% amnoe
      151 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      465 13 and entertain 4 Your Favourite Melody Melody, the popular Filipino trio, is back performing in the Fountain Lounge. Meet Dolly Barretto, lead singer, who creates a dynamic impression with her vibrant stage presence and remarkable voice. Brothers Bert Neri. on piano and Uno, on guitar, add the beat and harmony
      465 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      36 13 ir*lVcin> T>ioi mum rn so £*cit£d my First u)ee< AS f\ rnd I'veseeNi told to RePpgT To CHesTeg-fePEv<J C EVENINO CTANOARO CO. LTD.. IM2-1I •SVe murn i Dort'T UKE,/T noun...cornej pyND GET me V if 1
      36 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1189 14 SINGAPORE: The US dollar closed easier yesterday against major currencies in thin and lacklustre trading. Sterling rose slightly on firm sentiment. Dealers said trading was expected to remain quiet and was unlikely to be affected by the release of US April durable goods data, due out at 1230
      1,189 words
    • Article, Illustration
      World interest rates
      186 14 Indicate* the average of the prime lending rates of 12 mafor banks in S'pors Interbank market rates (offer/bid) on May 24 us$ DM SWFC Y«n 7 do- 7 1/4 i/a 7 3/« 1/4 3 1/4 1/« 3 1/4 2 4 3/i 1/4 1 mft i 7 3/1
      186 words
    • Article
      Money markets
      57 14 THE OVERNIGHT money rate rose point to end at 3ft per cent yesterday. The term rates rose 1/16 point across the board. S$ Interbank rates at 12 noon yesterday: OFf* W Ov*f«»0»» 3 1/2 3 1/4 1-mon* 3 11/16 3 9/16 2-mortti 3 3/4 3 5/« 3-fflonrt* 3
      57 words
    • Article
      Lock icon IMM
      230 14 Reuter MOST IMM currency futures closed modestly higher and near session highs in thin trading on Monday. The market was boosted by local speculative buying which drew technical buying and short-covering after resistance near last week's highs was breached. Prices reached their session highs near midday, but holidays in
      Reuter  -  230 words
    • Article
      Government securities market
      87 14 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OfFER HIGH LOW 3 months BQ*****X 18.8.88 3.63 3.58 3.59 3.45 6 months BY*****H 22.9.88 3.68 3.63 3.74 3.65 1 year BY*****Z 23.3.89 3.77 3.72 3.76 3.70 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      87 words
    • Article
      Asian dollar market
      354 14 ASIAN DOLLAR deposit rates closed little changed at steady to higher opening levels after quiet trading yesterday. A steady federal funds rate and forecast rise in the US discount rate underpinned sentiment but operators refrained from taking fresh positions ahead of the release of US April durable
      354 words
    • Article
      Comex gold/silver futures
      178 14 Gold futures on May 23 100 toy ounc9t. USS P9T Iroy ou nc9 OpM M* Uv 1Mot 462.20 4-4.10 Jmr 441 JO 46X00 459 00 442*0 4-4.10 M 444.90 4.10 *-9 443.90 m M 462.50 ■m to 4" 4.30 Oct 449.10 471.30 447.40 471.10 4-4.30 Ok 474.90
      178 words
    • Article
      Lock icon Simex
      461 14 Reuter EURODOLLAR futures on the Simex closed slightly higher yesterday after fluctuating narrowly around Chicago levels on position adjustments in quiet trading. Operators refrained from taking large positions due to concern over inflation in the US and uncertainty over the Fed's stand to quell inflationary pressures. June Eurodollar closed
      Reuter  -  461 words
    • Article
      Options
      1482 14 CURRENCY FUTURES OPTIONS Tuaiday, May 24 1988 DEUTSCHE MARK (tlMEX) Mmmtam jmmmm M* Lmm 9m M#i Lm U 54 CA 55 54 57 M 5t 60 61 63 63 966 190 101 33 a CAO CA0 CAO 24 31 I06A 205A 400A CA CA CA IC X 30 40
      1,482 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      72 14 GRAND AUCTION by Edmund Shukor on Sunday, May 29,1 at the Grand Ballroom, Milton International Singapore. SOUL rrv v- *J. 100 pieces specially selected for this auction from Persia and Pakistan including beautiful tribal pieces. Viewing 10am —1 pm Auction Sale: 2pm 5.30pm Auctioneers: Cheong (Soon Seng (CKS) Auctioneers flf
      72 words
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      Page 14 Advertisements Column 2
      9 14 IB BANQUEINIX6UEZ 3 Shenton Way, Shenton House. Singapore 0106
      9 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Seoul plans major financial liberalisation
      467 15 FT SOUTH KOREA'S Ministry of Finance has announced a draft plan for a major liberalisation of the country's financial sector, following strong criticism from companies, brokers and the central bank. The plan, which will be subject to discussion over the next year, focuses on five
      FT  -  467 words
    • Article
      Lock icon Reagan to nominate Boston banker to Fed board
      426 15 NYT PRESIDENT REAGAN said he would nominate a leading Boston banker, John P Laware, to the Federal Reserve Board. The appointment, if confirmed, would mean all seven governors would be Reagan appointees. Mr Laware, 60 years old, is chairman of Shawmut National
      NYT  -  426 words
    • Article
      Lock icon Mauritius offshore venture
      104 15 Reuter MAURITIUS, boasting a robust economy and political stability, is planning to launch Africa's only international offshore banking centre this year. "If all goes well, we will be able to issue licences during the course of this year," Indur Ramphul, the head of the Indian Ocean island
      Reuter  -  104 words
    • Article
      Lock icon Irving Bank says Banca Commerciale raises takeover bid
      255 15 Reuter IRVING BANK CORP said on Monday that its Italian suitor, Banca Commerciale Italiana, had raised its bid for a 51 per cent stake in the New York bank to US$BO a share from US$75. Irving's stock shot up U551,875 to US$63
      Reuter  -  255 words
    • Article
      Lock icon Malaysia urges banks to cut lending rates
      150 15 Reuter MALAYSIAN Finance Minister Daim Zainuddin urged banks to cut their lending rates to around 6.5 and 7 per cent to help boost the country's economy. "In my view lending rates should be about 3 to 3.5 per cent above current deposit rates.''
      Reuter  -  150 words
    • Article
      Lock icon Australian banking sector facing shakeout: analysts
      465 15 Reuter AUSTRALIA'S banking industry, bloated by an influx of overseas banks after financial deregulation four years ago. could be headed for a major shakeout, according to industry analysts. Many banks face the prospect of being taken over or dropping out if they fail to
      Reuter  -  465 words
    • Article
      Lock icon US insurance giant buys 5pc stake in Kleinwort Benson
      445 15 FT AIG. one of America's leading insurance companies, has acquired a 5.3 per cent stake in Kleinwort Benson, the City of London merchant banking group, for about US$5O million. Mr Ric Berman. AlG's spokesman in London, said on Monday that AIG
      FT  -  445 words
    • Article
      Lock icon Analysts expect further falls in US interest rate futures
      249 15 Reuter FURTHER FALLS are likely in US interest rate futures, although financial analysts say the market is still showing signs of being oversold technically and susceptible to an upward correction. "The market wants to go lower," said Dean Witter analyst Larry
      Reuter  -  249 words
    • Article
      Lock icon PNG gets US$200m aid pledge
      199 15 Reuter DONOR NATIONS and international banks pledged US$2OO million in aid to Papua New Guinea in the year ending May 31, 1989, as part of a larger plan to provide the country with about US$l.9 billion over the next five years. World Bank official Russell
      Reuter  -  199 words
    • Article
      Lock icon Fuji Bank Ltd to acquire stake in Kleinwort's US unit
      288 15 UPI KLEINWORT BENSON Ltd and the Fuji Bank Ltd have announced an agreement allowing Fuji to acquire 24.9 per cent of the share capital of Kleinwort Benson Government Securities Inc of Chicago. Fuji will pay about US$l4.5 million in cash
      UPI  -  288 words
    • Article
      Lock icon Brazil to resume talks with creditor banks
      260 15 Reuter BRAZIL WILL RESUME talks with creditor banks on rescheduling its medium- and long-term debt payments, says Finance Minister Mailson Nobrega. Talks were interrupted on May 17 after Brazil disagreed with the banks over whether a disbursement of US$5.2 billion in new loans
      Reuter  -  260 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      116 15 Comprehensive Mandarin Course for busy executives Master Mandarin once and for all. It will greatly enhance your career prospects. You need to use it daily in your work. And you want to create a natural Mandarin speaking environment for your family, especially your children. Our Comprehensive Mandarin Course (CMC) is
      116 words
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      Page 15 Advertisements Column 2
      222 15 JUNE 27 JULY 2, "88 THE ROYAL CLIFF HOTEL PATTAYA, THAILAND Jointly orgsniseo by: School of Management, National University of Singapore and Human Resource Institute, Thammasat University An Intensive Residential EXECUTIVE DEVELOPMENT PROGRAM at a World Class Resort Hotel. The Program will cover the following major topics: Changing Global Market
      222 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      57 15 Moscow Notsou Now Dolhi Now York Nicosia Oslo Porit Forth Rio 'Janoiro Rom# San Frh'co San Juan Santiago Sao Paulo Soout Stockholm Sydnoy Taipoi To! Aviv Tokyo Toronto Voncouvor Vionno Warsaw Waihington unov 25/16 Cloudy 24/14 Cloudy 13/08 Cloudy 18/12 Showori 25/21 Cloudy 26/18 Cloar 18/11 Cloudy 23/10 Cloar 17/14
      57 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Bargain-hunting helps shares recover losses
      4799 16 SHARE PRICES opened weak in sluggish trading yesterday but picked up later in the day due to bargain hunting. The Straits Times Industrial Index closed marginally higher, edging up 0.99 points to 957.02. The broad-er-based BT Composite Index was down 1.01 points to 839.70, the
      4,799 words
  • Page 16 Advertisements
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Goodman Fielder keeps Rank Hovis guessing
      872 17 M2m mm™ By HOCK LOCK SIEW AUSTRALIAN food group Goodman Fielder Wattie (GFW), which controls Cold Storage Holdings in Singapore, is keeping its British counterpart Rank Hpvis McDougall (RHM) on tenterhooks. I GFW, which holds a strategic 29.9 per cent in RHM, has been
      By HOCK LOCK SIEW  -  872 words
    • Article
      Business done on the SES
      3247 17 BlD,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 unlees otherwise specified. All Time Settlement Contracts are quoted after the word SETT". Big
      3,247 words
    • Article
      Unit trusts
      273 17 Managers' prices Jopon Gf Fund 161 1 66' 080 for May 25 Shenton Thrift Fund 080 Singapore Unit Trust UOB Management Um fund q ej 084 The Conmrci 092 0«' Unibond 1005 103 The Savings Fund 081 087 S pO'» Prog Fund S'por* Sec Fund 039 0 44
      273 words
    • Article
      COMPANY MEETINGS
      165 17 BATU LINTANQ RUBBER COMPANY Berhad: 64th AGM at Santubong Room. Holiday Inn, Jalan Tunku Abdul Rahman. Kuching. Sarawak, today. May 25. at 11am. BOUSTEADCO SINGAPORE Limited: 13th AGM at 15 Hoe Chiang Road #12-00. Sanford Building, Singapore 0208. today. May 25. at noon. DBS LAND Limited: 9th AGM
      165 words
    • Article
      Block of 11m UEM shares changes hands
      394 17  -  By CORRINA LIM A LARGE BLOCK of 11 million United Engineers (M) Sdn Bhd shares was snapped up by several local and overseas institutions at an average price of M 53.20 a share yesterday. This is the second placement of UEM shares since
      394 words
    • Article
      Lock icon Pilecon group expects to turn in M$5.6m profit
      255 17 Bernama ES PILECON Engineering Bhd has forecast a group pre-tax profit of M 55.63 million for the year ending Dec 31, 1988, after suffering a pre-tax loss of M 5609,000 last year. Chairman Oatuk Haji Abdul Rahim Abdul Rahman made the forecast
      Bernama ES  -  255 words
    • Article, Illustration
      Lock icon Cold Storage plans venture in Indonesia
      387 17 Reuter FOOD MANUFACTURER and distributor Cold Storage Holdings PLC has turned its attention to overseas markets as it comes up against stiffer competition and dwindling opportunities at home. "We plan to set up shortly a joint venture trading company in Indonesia," managing director Robert
      Reuter  -  387 words
    • Article
      Earnings jump at Fima Metal Box
      325 17 FIMA METAL BOX Bhd turned in its highest earnings in five years when it more than doubled its profit after tax to M 56.72 million for the year ended March 31, 1988, against M 53.27 million previously. However, escalating raw material prices and additional
      325 words
    • Article
      Lock icon UEP's housing project to cost M$2.5b
      283 17 MBT UNITED ESTATE Projects's (UEP) proposed housing estate. UEP-Subang Jaya, which will be developed over a 10-year period, is expected to cost about M 52.5 billion. Speaking after the ground breaking ceremony yesterday, chairman Datuk Seri Syed Nahar Shahabuddin said construction work for the
      MBT  -  283 words
    • COMPANY BRIEFS
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      117 17 ITS A RESTAURANT! K il RESTAURANT Open daily from 10.30 am to 1 am for lunch and dinner with an appetizing delightful international and local a la carte menu. Our Shabu-Shabu Bar (Authentic Japanese Steamboat) is open till 1 am. THIS MONTH, ZANY GOES TEX-MEX!! Margarita Fajitas, QuesacWla, Tacos, Enchiladas,
      117 words
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      Page 17 Advertisements Column 2
      4 17 Sm Hock Lock Siew
      4 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Nikon tops list of chips equipment maker
      195 18 AP JAPAN'S Nikon Inc knocked Perkin-Elmer Corp from its traditional top spot to become the world's top seller of equipment for semiconductor manufacturing last year, according to a survey released on Monday. It was the first time a Japanese company headed the list,
      AP  -  195 words
    • Article
      KL stocks close mixed
      3100 18 LATE BUYING prevented the market from yielding further ground and share prices closed mixed to firmer on the Kuala Lumpur stock market yesterday. Plantation stocks were dealt higher oblivious of the general trend. This buoyancy followed sharply higher physical rubber prices and a rosy outlook for
      3,100 words
    • Article
      Stocks finish higher
      1443 18 Hongkong HONGKONG share prices rose in active afternoon trading yesterday, brokers said. The Hang Seng Index finished 25.95 points higher at 2.516.18. and the broader-based Hong Kong Index rose 19.11 to 1.664.31. The market saw a relaxation of selling pressure despite a continuous loss of the Dow
      1,443 words
    • Article
      Seoul
      104 18 MAY 24 WON Hyundai Motor ***** ***** -800 -200 Kangwon Ind ***** ***** 3S00G *600 -700 Chati Sugar ***** 300 uncft *1200 -200 *2400 200 -800 Daewoo Corp Daewoo Haavy Daiahtn Sacuritiaa ***** ***** ***** ***** Koraa Long Tarm Lucky Lid Oriantal Brawary Oriantal Chant ***** ***** ***** *****
      104 words
    • Article
      Lock icon Tokyo
      455 18 Reuter TOKYO share prices closed higher yesterday due to renewed buying in large capital issues, mainly on the part of investment trusts, brokers said. Wall Street's overnight decline spurred morning selling, but fears later subsided, they added. "People are not paying that much attention to what is going on
      Reuter  -  455 words
    • Article
      Lock icon Sydney
      434 18 Reuter STRONG GAINS by leading gold stocks and selected industrials pushed the Australian share market to a firmer close yesterday. Brokers said a good performance on the Tokyo market, a slightly weaker dollar and expectations of good news from today's May economic statement helped the market recover from an
      Reuter  -  434 words
    • Article
      Lock icon Bangkok
      162 18 Reuter THE SECURITIES Exchange of Thailand Index rose 0.84 to 420.61 on a turnover of 4,330,903 shares worth 534.29 million baht. Reuter MAY 24 Ao Kham Thai Ayudhya Invaatman Bangkok Aground Bangkok Bank Bank CM Ayudhya Charoong Thai Wir A Cabta BANT 252 1 396 133 .327 352 461
      Reuter  -  162 words
    • Article
      Taipei
      257 18 Kolin 44 80 ♦or MAY 94 All Sincara Indue. Am Camant NT 4 85 80 50 96 00 -0 01 1.5 -3 12 1 Kuochan Dav Laa Chang Yuan Cham Indus Lian Hwa Indus Nan Ya Ptas 56 50 56 00 67 50 75 00 -0$ -i> -2 -2
      257 words
    • Article
      Manila
      79 18 MAY M PESO* MwW Oriental B .'.7.7.. 0 042 •OOQS. Acofa Mining Ph« Ownw Anglo Phil 0.011 unch Ptiitax 8 0 033 041 •0 002 unch Baguio GoM San Mtgual B Bwc Patrolaum 0.017 -0 001 Saafront BanguatCon B >7 50 unch Stmt Darby Firat Phil Mklgr 9 30
      79 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      627 18 NOTICES .IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 AND PROMOTEX (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Promotex (Pte) Ltd. duly convened and held at No. 1 North Bridge Road. #10-06/07 High Street Centre, Singapore (tel 7 on Tuesday, 10th May 1988, the
      627 words
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      Page 18 Advertisements Column 2
      447 18 IN THE MATTER OP THE COMPANIES ACT, (CHAPTER 50) AND IN THE MATTER OF COMPUTER EQUIPMENT SERVICES (PTE) LTD (Incorporated in the Republic of Singapore) (In Liquidation) Members' Voluntary Winding up At an Extra-Ordinary General Meeting of the Members of the abovenamed Company duly convened and held at Royal Johor
      447 words
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      Page 18 Advertisements Column 3
      584 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ARAWA BAY SHIPPING CO. PTE LTD (IN MEMBER'S VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the members of Arawa Bay Shipping Co. Pte Ltd convened and held at No. 1 Ansgaritrankpforte, Bremen. West Germany on
      584 words
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  • WORLD MARKETS
    • Article
      Lock icon Equities close broadly lower
      1030 19 New York Reuter WALL STREET stocks closed broadly lower on Monday in the lightest trading session since Nov 27, the day after the Thanksgiving holiday. Transportation stocks led the market lower, but analysts referred to the action as a "buyers' strike". "It was more lethargy than
      Reuter  -  1,030 words
    • Article
      Lock icon Shares open with firmer bias
      718 19 London Reuter LONDON share prices showed a firmer tone at the official opening yesterday after a narrowly mixed early pattern, against the background of conflicting Wall Street and Tokyo performances. At 0815 GMT, the FTSE 100 Share Index was 4.0 up at 1,7645.3 on turnover
      Reuter  -  718 words
    • Article
      Lock icon Paine Webber reeling from October crash
      407 19 NYT THE STOCKS of several major brokerage firms are trading below their book value, a reflection of the fact that investors perceive Wall Street as a potentially dangerous arena in the wake of last October's stock market crash. But no brokerage industry stock has
      NYT  -  407 words
    • Article
      Lock icon Kaisertech agrees to be acquired by Maxxam
      221 19 NYT KAISERTECH Ltd has agreed to be acquired by Maxxam Group Inc for U5519,375 a share in cash, or about U*****.9 million. The deal with Maxxam, a Los Angeles company led by the Houston investor Charles E Hurwitz, effectively ends plans for a
      NYT  -  221 words
    • Article
      Lock icon Rolls-Royce wins Boeing engine order
      184 19 Reuter BRITISH aero-engine maker Rolls- Royce won a £200 million order on Monday to supply engines to the US Boeing Corporation as part of the largest commercial jet aircraft deal in history. Rolls-Royce said in a statement it would supply 26 RB2II engines for three
      Reuter  -  184 words
    • Article
      Lock icon Boeing close to big order for 757 class planes
      310 19 NYT THE BOEING Co is close to getting an order for about 60 airplanes of the 757 class from the Allegis Corp, the parent of United Airlines, industry experts said on Monday. On rumours of the deal, Boeing's stock jumped US$l.25
      NYT  -  310 words
    • Article
      Lock icon K Mart brings speciality retailing into focus
      359 19 Reuter K MART Corp is on the threshold of an evolutionary change that could establish its speciality retail chains rather than its well-known discount stores as the major contributor to revenues, analysts said. America's second largest retailer behind Sears Roebuck and Co, K
      Reuter  -  359 words
    • Article
      Murray's charges rejected
      373 19 A US FEDERAL district court judge in Nashville ruled on Monday that the Murray Ohio Manufacturing Co had not adequately proven its accusation that the New York law firm of Sullivan Cromwell improperly shared information with clients who were on opposite sides of a hostile takeover. The
      373 words
    • Article
      Untitled
      371 19 Johannesburg MAY a RAMO MOUSTRIAL9 A Alpha Abarcom A#C Barlow* C Q Smith CNA Cum# F inane* Edgar* FadVolk Fuglt Hivaw Lib Hold* Lonrho LTA M And R Maibak Ltd Mccarthy Maaama Matbox Nampak 1300 230 1010 460 4400 2100 372S 5206 320 1690 M0 710 9206 2900 1190 190
      371 words
    • Article
      Lock icon Goldstar to set up plant in UK
      178 19 AP GOLDSTAR CO plans to build a plant in Britain to produce microwave ovens. The leading South Korean electronic appliance maker said yesterday that the plan calls for it to invest US$l5 million to US$l6 million to build the plant, which will be
      AP  -  178 words
    • Article
      Lock icon McCormick spice plans turn sour
      106 19 Reuter McCORMICK and Co Inc has dropped its plan to acquire the spice business of Specialty Brands Inc after the US Federal Trade Commission stated that it would try to block the proposed transaction. McCormick spokesman Allen Barrett said, "After more than five montha and
      Reuter  -  106 words
    • Article
      Lock icon Court throws out challenge
      81 19 Reuter THE US Supreme Court on Monday rejected a legal challenge by Phototron Corp to the merger of Eastman Kodak Co EK and Colorcraft Corp, a unit of Fuqua Industries Inc FQA, Americas two largest wholesale photofinlshers. The Justices, without comment, let stand a US Court
      Reuter  -  81 words
    • Article
      Lock icon Kohlberg's Texaco stake a mystery
      442 19 NYT WALL STREET traders have a mystery on their hands: why one of the nation's biggest investment houses wants more than US$5OO million worth of Texaco stock. When Kohlberg, Kravis, Roberts Co started building the half-billion-dol-lar stake two months ago, Texaco Inc said it regarded
      NYT  -  442 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      180 19 An Instant Office lb Start Your Business Right Away At Bok's Business Centre, we take all the hassle out of starting a business of your own, A so that you'll get a m running start. Troublesome things 11 like hiring staff, paying their salary, buying J expensive office Jj equipment,
      180 words
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  • Article, Illustration
    Credit POSB cuts home loan rates by three-quarter point
    361 20  -  By SOH TIANG KENG CREDIT POSB yesterday cut its housing loan rates by three-quarter of a percentage point across the board to between 5 and 5.5 per cent, the lowest in the market today. With the revision, the lending arm of
    361 words
  • Article, Illustration
    Firm dealing will discourage potential subverters: BG Lee
    522 20  -  'No need for government to intimidate potential political opponents' By MARTIN SOONG DEALING FIRMLY now with foreign attempts to disrupt Singapore's social and political order, without jeopardising long-term international ties, will discourage similar threats for another half generation. Speaking on the British
    522 words
  • Article
    HK consultants: Businessmen wary of developments in S'pore
    214 20 MORE BUSINESSMEN in the region are questioning whether continuing controversial government actions will make Singapore a less stable and attractive base from which to operate, says a Hongkong risk consultancy. The latest issue of Asian Intelligence, published by the Hongkong-based Political Economic
    214 words
  • Article
    Lock icon Sihanouk, Vietnam willing to attend Jakarta meeting
    308 20 AFP CAMBODIAN resistance leader Prince Norodom Sihanouk and Vietnam have accepted an invitation to attend an informal meeting in Jakarta in July on the Cambodian conflict. Indonesian Foreign Minister Ali Alatas said yesterday that two other members of Prince Sihanouk's tripartite resistance coalition
    AFP  -  308 words
  • Article
    Devan Nair refuses to apologise
    171 20 FORMER PRESIDENT Devan Nair said yesterday he had no reason to apologise to Prime Minister Lee Kuan Yew for alleging that Mr Lee. like ex-solicitor-general Francis Seow, had cultivated foreign diplomats in attempts to subvert an established state. Foreign reports said Mr Nair, in transit
    171 words
  • Article
    Lock icon Japan's economy expanding
    76 20 Reuter JAPAN'S economy is in an expansionary phase led by strong domestic demand, steady rises in corporate profits and improved employment. the government Economic Planning Agency said in a monthly report. However, an agency official said the pace of increase in housing starts and public works is
    Reuter  -  76 words
  • Article
    Lock icon US computer firm ties up with Soviets
    252 20 AP A US computer company has reached an agreement with the Soviet Union to assemble and sell thousands of American-de-signed personal computers in the Soviet Union. The joint venture between Advanced Transducer Devices and V-0 Electronorgtechnica. a Soviet electronics trading company, is believed
    AP  -  252 words
  • Article
    Lock icon Soviets to buy 50pc more farm products from US
    251 20 Reuter THE SOVIET Union will buy over US$l.4 billion of US (arm products this year, up almost 50 per cent from last year's purchase levels, the US Agriculture Depart ment reported on Monday. The sharp increase, up from a 43 per
    Reuter  -  251 words
  • Article
    Lock icon Garuda prepares to capture larger market share
    307 20 Reuter GARUDA INDONESIA Airways has emerged from years of financial turbulence with its sights set on capturing a bigger share of the international market from its Asian rivals. Plans for the debt-ridden national carrier, which earned its first profit in six years last
    Reuter  -  307 words
  • Article
    Lock icon BA's record profit
    85 20 UPI BRITISH AIRWAYS yesterday announced a record profit of £228 million for 1987-88, an increase of £66 million from the previous year. The 41 per cent increase came despite a £32 million loss by its acquisition of British Caledonian Airline in the final quarter of BA's 1967-88
    UPI  -  85 words
  • Article, Illustration
    Keswick, Miles resign from board of HongkongBank
    112 20 TWO PROMINENT Hongkong businessmen, Simon Keswick and Michael Miles, yesterday resigned as non-executive directors from the board of the Hongkong and Shanghai Banking Corporation. A bank statement gave no reasons for the resignations but both Mr Keshwick and Mr Miles who respectively head
    112 words
  • Article
    Lock icon Comex gold and silver
    90 20 Reuter COMEX GOLD futures turned lower yesterday in sympathy with the deep profit-taking losses in platinum. In early morning. June gold was off US$3.4O at U*****.40 an ounce after drifting to U*****.80 in a minor penetration of Monday's low of U*****.00. Silver futures attracted dealer buying
    Reuter  -  90 words
  • LATE FILE
    • Article
      Lock icon Special assembly session in Seoul
      37 20 AP BREAKING a month-long stalemate, South Korea's government and opposition parties agreed yesterday to open the new National Assembly's first special session in early June after an inaugural session on May 30-31.
      AP  -  37 words
    • Article
      Lock icon Chinese leader praises HK
      32 20 Reuter CHINESE Vice-Premier Tian Jiyan praised Hongkong's capitalist economy on Monday and said Chin* could learn from the British colony, which reverts to Beijing's rule in 1997. Reuter
      Reuter  -  32 words
    • Article
      Lock icon Taiwan — major car importer?
      46 20 Taiwan major car importer? Reuter TAIWAN, with its growing affluence and liberalised import policies, is set to become one of Asia's mafor car importers Imports surged 126 per cent to 27.100 cars in the first four months of this year from 12.000 a year earlier Reuter
      Reuter  -  46 words
    • Article
      Lock icon Laos appoints envoy to Beijing
      31 20 AP LAOS has appointed an ambassador to China to fulfil an agreement to upgrade diplomatic ties and end a decade of estrangement between the communist neighbours.
      AP  -  31 words
    • Article
      Lock icon EC foreign ministers meet
      54 20 AFP FOREIGN MINISTERS of the European Community (EC) met in Brussels yesterday to discuss ways to finance the single European market scheduled for 1992. The twoday get-together aims to transcribe into law broad decisions that were taken at a summit of EC heads of state and
      AFP  -  54 words
    • Article
      Lock icon Crocodile Dundee sequel a winner
      35 20 AFP CROCODILE DUNDEE il broke all Australian box-orf-fice records in its first three days of screening, a spokesman for the Hoyts Entertainment Ltd cinema chain said in Sydney yesterday. AFP
      AFP  -  35 words
    • Article
      Lock icon US may accept more refugees
      42 20 AFP THE US is considering accepting another 1,000 Vietnamese refugees' from Malaysian camps President Ronald Reagan made the commitment in response to questions by news agency in Washington, a US Embassy spokesman said in Kuala Lumpur yesterday.
      AFP  -  42 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      92 20 STYLE'B9 Fabrics Garments Accessories (TRADE ONLY) May 25th to 27th, 1988, 2.00 p.m. to 6.30 p.m. the Century Park Sheraton illlllk. '"<SS\ Singapore <* h Floor > The Austrian Trade Commissioner Tanglin P.O. Box 238 Singapore 9124 Participating Companies APPAREL FABRICS GETZNER CFM HAEMMERLE RHOMBERG TEXTIL SCHIELSEIDE EMBROIDERIES AND LACES
      92 words
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      Page 20 Advertisements Column 2
      120 20 BA flying non-stop to London noxt year, Pg 3 y/i^vv aiv «ij 9 if JLW Office lAsgpu^idHiIAsgpu^idHi i Way f <? A rT >-£■*.:* m&m V 3^'<<*k r i?" -< fira I r«.- o N r <P<? Vr o° i -v-V--<0 Excellent Views of the Keppel Harbour and Southern Islands.
      120 words
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  • SHIPPING TIMES
    • Article
      No US tax protection for owners
      617 21  -  By LEE HAN SHIH THE FUTURE does not bode well for Norwegian shipowners operating out of Singapore-in-corporated companies. According to the Norwegian Shipowners' Association (NSA), they are not protected against a new US tax law by the double taxation agreement (DTA) between Norway and
      617 words
    • Article
      Lock icon More clues to unravel mystery of El Condor
      337 21 Seatrade Week SOME CLUES have surfaced that may unravel the mystery of the El Condor, the 1976-built 5220 dwt bulker which disappeared after sailing from the southern Philippines in early December for Niihama. Japan. The vessels real name appears to be Las
      Seatrade Week  -  337 words
    • PORTSIDES
      • Article
        Genoa yard to convert Italia
        147 21 A MAJOR 150 billion lire contract has been awarded to the Genoese shipyard Officine Mariotti for the conversion of the container vessel Italia into a luxurious cruise ship to be operated by the Italian cruise operator Costa. The 15,932 grt ship, to be named Costa
        147 words
      • Article
        Two more seamen warded
        138 21 TWO MORE SEAMEN from the blacked Syrian cargo ship Zanoobia have been taken to hospital suffering from kidney and lung problems caused by the toxic waste on board that no-one will touch, a medical source said. Four of the 18 crew have now been admitted to
        138 words
    • Article
      Cargo mix-up — a costly affair
      1170 22  - Cargo mix-up a costly affair 'Load on top' procedure was not adopted Failure to observe standard procedures resulted in a legal battle between a tanker owner and cargo receivers over the ownership of some residue of crude oil. CAPTAIN J T MACIEL reviews the case and highlights details which were
      1,170 words
    • Article
      INDEX TO ADVERTISERS
      861 22 At Shpg V 5 ABC Conto IX 1 Accord Shpg VI 3 Ahrenk*! lmer XI 3 Alnco Oc«fl xi 2 Alltrons vw 3 AC Toeple' XI 5 American Tp» I 4/5 Anro Service IV 273 Arrow Lines a s Aior Oceon XI 4 Assoc Corrioge XI s
      861 words
    • Article
      Philseco to use yard for growing mangos
      322 23 TO MAXIMISE resources, the Philippines Shipyard and Engineering Corporation is making use of idle land on its premises to cultivate fruit trees. A variety of mango which bears fruit within a short period will be the mainstay of the farming programme. Philseco president
      322 words
    • Article
      Lock icon WEEKLY FREIGHTS
      941 23 AFP RATES showed signs of weakening over the past week or. the dry cargo market, after two weeks of firmness. This downward trend was illustrated by a 25point fall of the Biffex (Baltic International Freight Futures Exchange) index, to 1.420 points. Traders indicated that the market was probably
      AFP  -  941 words
    • Article
      Lock icon Japanese officials allowed to investigate cruise ship
      115 23 Reuter SOVIET CREW members have allowed Japan to investigate the fire aboard a cruise ship in Osaka last week in which 11 people were killed and 35 injured,, a police spokesman said. The 4,870-tonne Soviet cruise ship Priamurye caught fire in the western
      Reuter  -  115 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7962 28 aaaBQQUB 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
      7,962 words
    • Article
      SHIPS IN PORT
      1413 29 AT CONVENTIONAL WHARVES IMi Sontud-o a olongtid* 25 05/1700 Potor ji olongtid* 25 05*0500 VmmI Berth Arrival Departure Saapvrno Abodi Sin—bin 118 a a olongtid* olongtid* 2506/2300 25 OS/2300 KEPPEL WHARVES Antfcot Kit Thoi fung Oaw Sdroyo ilO a olongtid* 2505.1600 *****700 28 OSOSOO oiongtKj* 2505 1200
      1,413 words
    • Article
      Who acts for whom...
      2065 30 A—B AS Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S) Accord Shpg Accord Shpg (S) Africa Ocean Lines Sealion Shpg (S) Ahrenktel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK) Alltrarts Alltrans Express American President Lines
      2,065 words
    • Article
      LONDON FREIGHTS
      1233 30 CHARTERING on the London shipping freights market was generally quiet on Monday, largely due to the Whitmonday holiday being celebrated in some European countries A steady rate of US$l4 40 was paid by Krohn for 55.000 tons of grain from the US Gulf to Rotterdam and North France
      1,233 words
    • Article
      PAT trying to regain control of ports, says CT
      320 32 THE PORT Authority of Thailand is allegedly trying to regain the right to manage Songkhla and Phuket deep-sea ports from C T International Lines. This was disclosed by the chairman of C T International, Dr Yupa Udomsakdi. CT International won the
      320 words
    • Article
      Lock icon Intertanko condemns Iraqi attacks on merchant ships
      199 32 Reuter WORLD independent tanker owners have condemned the intensification of Iraqi attacks on merchant shipping in the Mideast Gulf. In a letter on Monday to President Saddam Hussein of Iraq, Basil Papachristidis. chairman of the Oslo-based International Association of Independent Tanker Owners (Intertanko)
      Reuter  -  199 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      673 21 TIMES STP Distributors a*"**! TK^> S V?ss sl CCt> OOCL OVEIQM CotdcumX LIME w\ur K« SHIPPING AGENCIES (Ref No 24M64/ 00K) 200 Cantonment Road #12-05 South point. Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL CFS Tel *****U 220 BOOKINGS Tel *****34 235 PESAKA JAROINE SNIPPING AGENCIES SON BHD
      673 words
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      Page 21 Advertisements Column 2
      119 21 m, CONFUSIO is the Latin word for mixing goods belonging to two different owners so that they cannot be separated. This happened on a tanker some years ago and the receivers laid claim to the entire cargo on board. The case was submitted to arbitration. Page II TO MAXIMISE resources,
      119 words
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      Page 21 Advertisements Column 3
      746 21 STP Distributors MAERSK LINE MAERSK LINE FIRST CARRIER TO RUN DOUBLE-STACK TRAIN TO CANADA SIN/TORONTO: 23 DAYS!! To t ii» U* Finland fTT* ANOERS M AXEL M M TOKYO LUNA M ARTHUR M ANNA M 15* This week Anders M Closing Time CY 25/5 2300 MRS CFS 25 5 1300
      746 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      578 22 LLOYD'S LIST The International Daily Newspaper for Shipping, Insurance, Trade and Finance. v* LLOYDjS LIST Enquiries call: Chugi International Distribution Services Pte. Ltd. Tel No: *****53 (6 lines) u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT LIVERPOOL BAY LARGS BAY HONG KONG EXPRESS CAROGAN BAY RHINE MARU TOKKD EXPRESS HAMBURG EXPRESS •ISO
      578 words
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      Page 22 Advertisements Column 2
      94 22 A Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National yJQSziffSl Shipping Association. ESI C S A V Corrpjnu Sud Amcricjnj dc Vjpcrcs S A SERVICE TO/FROM CHILE FEEDER VESSEL S PORE MOTHER VESSEL Hf CSAV 1 Hi A VESSEL 14* CSAV 2 tit
      94 words
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      Page 22 Advertisements Column 3
      499 22 SGS w>cy I NSPECTION MARINE SURVEYS (IN 140 COUNTRIES WORLDWIDE) SGS SINGAPORE (PTE) LTD 71, AYER RAJAH CRESCENT #07-18 AYER RAJAH INDUSTRIAL ESTATE SINGAPORE 0513 TEL *****50 (MARINE DEPT./INDUSTRIAL DIVISION) TLX: SGS RS ***** FAX; (65) *****27 AmTran*. AMERICAN TRANSPORT LINES, INC. U.S. EAST COAST, CENTRAL/SOUTH AMERICA, CARIBBEAN/MEXICO [TTTTMCTTTTTT: :^TT7T7T^f7TnTTvTTT
      499 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1137 23 The Straits Steamship Group m .v\ w* Mansfield Container Shipping Re Ltd k P&O Containers COMTAIMERSHP SERVICE TO UK/CONTMENT:^ LIVtRfOOi MY (n Port ***** IW ISA 17* 1W M LARCS MY 3Mi 3L05 IM* Zl« 22/tK 2«A* HONS KONG UPIttSS 0M OMi 22« 24/06 2M6 27« JMI CAMMGAN MY 11*6
      1,137 words
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      Page 23 Advertisements Column 2
      850 23 Wolfgang Stover, BLG Sales Manager Far East Pave the Way into the European Markets. H3 Europe is open for your exports. This market comes a great step closer to 9A you if you choose the Ports of Bremen as your active partners. Storage, cargo control, inventones and distribution right up
      850 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      404 24 US I NOSE MARITIME PTE LTD ESQ ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN TAKHTI IRAN VAHOAT Si nfi pore W 30/5 Loading far:BANDAR ABBAS BANDAR ABBAS JAPAN/KOREA SERVICE Singapore *VS Loading for:JAPAN. KOREA pi KYOWA LINE PNC/8. PACIFIC SERVICE Singapore Loading for: A VESSEL 15/6 LAE. PMB,
      404 words
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      Page 24 Advertisements Column 2
      706 24 ICS.LINE i tat a cut—J ri»m f 111 IY CONTAIN! RiSLD 10 FROM NORTH AMtRICA AES! COASi CONVLNTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S'PORE LOADING FOR HAISBON 15/6 DUBAI. DAMMAM GEN AGENTS CROWN MARINE CO (PTE) LTD TEL: ***** M LinM) FAX NO: *****69 SUB AGENTS: KUALA LUMPUR TEL:
      706 words
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      Page 24 Advertisements Column 3
      322 24 Ilj FREIGHT LINKS EXPRESS PTE LTD DIRECT SERVICE TO IMBAV MADRAS: ETA 5/6 EURO-AFRICA SERVICE FOR: PORTO, USBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS. VALLETTA, IRUN, CEUTA, ALGIER I ISTANBUL U.S.A. PORT MORESBY, RABUAL, LAE MADANG NOUMEA SUVA/LAUTOKA 29/6 29/6 AUSTRALIA/ NEW ZEALAND FREMANTLE 11/6 SYDNEY MELBOURNE
      322 words
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      Page 24 Advertisements Column 4
      1109 24 EVtR GAINING CVM GUEST EVE* GROUP EVER GIVEN EVE* GROWTH m EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCR HKG KSC KLG PUS OSK TYO KSN CHS BAL NYC LHV AND RDM FLX HBG SCR m 31* in l* M W 12* 2/7 *7 7/7 *7 VP I*7 I*7
      1,109 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      559 25 v PACIFIC INTERNATIONAL LINES \V\ PIL Building. 140 Cecil Street. 03-00 •Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANC CONTAINER SERVICE VESSEL SEA DRAGON SEA HAWK SEA DRAGON MAJAPAHIT VESSEL VOV SEA FORTUNE M2l INTEGRA M 23 MAJAPAHIT 21 SB INTEGRA 8825 SIN SBY SLD 26
      559 words
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      Page 25 Advertisements Column 2
      280 25 9 m kNORBUL NORBULK CARGO SERVICES LTD. TREGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: KOREA/JAPAN PORTS NORBULK NBJO2 LOADING FOR TOKYO/INCHON ••10A0S INDONESIA PORTS SUBJECT TO CHANGE WITH/WITHOUT PRIOR NOTICE SPORE MARATHON UNITED AGENCY PTE LTD TEL *****66 KL PK S P YEO SHPG ft TRDG KL
      280 words
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      Page 25 Advertisements Column 3
      392 25 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT U* Mil M* M* M* 17* m a* n* a* a* MM 2tn 21* an W Up 14/7 uu WJ i* iu i» m iu EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS
      392 words
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      Page 25 Advertisements Column 4
      427 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSNIP SERVICES SINGAPORE TO EUROPE VSL/VOY S PORE BILBAO ANTWERP H BURG/ ROAM/ADAM BREMEN PALEMBANG/9WB 10-13/6 12/7 15/7 MATARAM/21WB 306-3/7 27/7 1/8 Subject to Inducement. Alto accepting cargo to Casablanca,
      427 words
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      Page 25 Advertisements Column 5
      430 25 BOUSTEAD SHIPPING AGENCIES MYOMA YWA VllO PAGAN Via PA-AN VI2SW BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Spore P.Kela 3/5 Jun 31 May/2 Jun 3/4 Jun 1/2 Jun Loading for Rangoon P.Kelang Penang Bangkok 25 May/1 Jun BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC MORAYBANK VSN CLYDEBANK V23N TAMAITAI
      430 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      561 26 Q K LIN* KAWASAKI KISEN KAISHA, LTD. FEEDER VESSEL AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR N. AMERICA-ATLANTIC COAST CHLS 21/6 5/7 12/7 19/7 •INDO 21/5 30/5 6/6 •PK PNG 22/5 31/5 7/6 AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR WOY LB 16 16/4 CHLS 26/4 3/5 10/5
      561 words
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      Page 26 Advertisements Column 2
      355 26 >» 111 l Accepting LCL and containerised cargo** Direct to South Africa HAYAKAWA MARU 5438F VAAL 5536F VENTO 0402F NEDLLOYD COLOMBO 5234 C CANOPUS 0201G OSAKA MARU 5339 C Spore Durban P.Eliz 29/5 U/6 13/6 10/6 23/6 25/6 20/6 4/7 10/7 C.Town Durban Sid Sid Sid 26/5 29/5 m JARDiNE
      355 words
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      Page 26 Advertisements Column 3
      736 26 7ie INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIAN COURIER V JON AGIOS ANDREAS V CI OftIENT SUCCESS V 101 S O NACALAND V»H TIGER BAT V 37 INDIAN COURIER W JIN ORIENT SUCCESS V 109 V NANDINI V S2H TIGER BAY V 31 ARUNACHAL PRADESH V 43M INDIAN COURIER
      736 words
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      Page 26 Advertisements Column 4
      711 26 TS-7 golden line '6.JV GUAN GUAN SHIPPING (PTE) ITO 23. Teto* Ayer Street SINGAPORE OHM TIL U43M (10 LINES) ft, U43SM STRAITS/PERSIAN GULF SERVICE: Spore P Ketone Penanf GOLDEN BEAR Colombo Karachi/Dub* 27/21 May GOLDEN HARVEST Colombo Karadti Oobai 1/9 June CHINA SERVICE BAI TUN SHAN Xiamen Shanghai ft/7 June
      711 words
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      Page 26 Advertisements Column 5
      608 26 PHI LI OniCNT LIN €5 PT€ LTD HfAD OfflCf 63 ROBINSON ROAD «OM2 AFRO ASIA BUILDING. SINGAPORE 0106 TELE RS 287?0 PHIII FAX ??***** EAST/FM EAST FCL ft LCI VESSEL E T A SINGAPORE TBN J EDO AH (LCI) > U»! I V "IT NEW GENLORD LATTAKIA, BENGHAZI ALGIER TRIPOLI.
      608 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      858 27 .NEPTUNE ORIENT LINES LTD i£ V J Bahru EAST/EUROPE HHIY CONTAINERISED SERVICE i'Mr* MPTUNE AGENCIES PTE. LTD IE Qonoral Enquiries: Twl: *****77 r*l Ho Terminal CFS BOOKINGS *****22 *****53 P Mar* NEPLINE SON BHD 36M57 K Lumpur NEPLINE SON. BHD. 2(***** Penang NEPtINE SON BHD Uoo3S*27*o*27Wl«m2 j Bahru NEPLINE SDN
      858 words
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      Page 27 Advertisements Column 2
      361 27 HEUNG-A SHIPPING Korean Flag Vessels v DONA* SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON STRAITS/KOREA SERVICE WEF JUNE BUSAN I SINGAPORE 10 DAYS SERVICE CALLING INCHON DIRECTLY ON IS/IK S PORt AGENTS NEPTUNE AGENCIES PTE LTD Tel ?7Wi;3 *****71 *****61 272/510 *****22 (Operations) 2222*87 *****64 (Terminal) *****50 2202
      361 words
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      Page 27 Advertisements Column 3
      743 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 ***** PfNANG KEIANG MrMAI THONG SHIPPING 127 Peaine Street. Penene. Malaysia M/S HANDLING SYSTEM CO SDN BHD PENANG
      743 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      367 28 J0- SINGAPORE SHIPPING W jLHf CORPORATION (PTE.) LTD. TEL 225 6868 >30 bnw> FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD E.B DE UTF PACHT'SEEREEDEREI RQSTC ItllJM.l »T7 1 w:\ ,i. TJ■ H: J .V«I WLHCUi PKCK m RUCBCLAND W —Atcftmf urp tar Honj
      367 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      180 28 Regional Weather i .TTH m K N ft V tl W* |W x i M £S 56 w c ra 4£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. May 25, 1988 LEGEND: C yA o w Wind direction with speed m knots Wove height One holf fleche represents 5
      180 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      402 29 FARGO SHIPPING COMPANYtPTEILTO. No 15 Hoe Chiang Road »13-02 Sanford Building, Singapore 0208 Tel *****22 Tlx ***** FASCO /n? 'a ,o ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND 2 Ellsn Hudig 201 Bruu«i 2© Aotwsrpcfl 204 C. Vtrotmt 206 12 DAYS TOMELBOURNE! Also accepting cargo to:AUSTRALIA —Adelaide. Brisbane NEW ZEALAND —Wellington.
      402 words
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      Page 29 Advertisements Column 2
      259 29 tarV iCSP\ CSP SHIPPING AGENCIES PTE. LTD. Tel *****66 (16 Lines) Fa* *****15 LCL FIXED TWICE WEEKLY CONSOL LM ill LCL FIXED CONSOLIDATION TO:CHINA, HONG KONG, BANGKOK, KEELUNG, KAOSHIUNG, KOBE, MANILA, BUSAN, INCHON, TOKYO, YOKOHAMA, OSAKA, COLOMBO, CALCUTTA, FELIXSTOWE, HAMBURG, BOMBAY, SYDNEY, MELB„ KARACHI, CHITTAGONG, LEGHORN, JAKARTA, NAGOYA, GOTHERBURG. ALL
      259 words
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      Page 29 Advertisements Column 3
      581 29 <!> TRANS TRADING AGENCY PTE. LTD. cn a n iIJ mil ojjjf j —*Jj ntA —i yj j o Algerian National Line S PORE LOADING FOR MV KSAR ETTIR In Port ALGER, ORAN, ANNABA. TUNIS MV KSAR CHELLALA 4/6 ALGER, ORAN. ANNABA. TUNIS ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE
      581 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      650 30 FINE-LINER SHIPPING PTE LTD 70 Shenton Wiy. 04 OJC Mtrtni Hou'.e S pore 0707 TEI 72W077 (8 Lines) TLX RS ??M1 FLINER FAX ??i;Bb6 EUROPE SERVICE i:t: ini-MiiJlHi/.'. r.vu .a i-mITIT 21* IMA 2M |2M 1M I 1/7 M/ 7 1127 M I 2/7 14/7 W/7 FAR EAST SERVICE E2SJI
      650 words
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      Page 30 Advertisements Column 2
      433 30 ZIM FULL CONTAINER SERVICE ecceptinf FCL LCL cargoes to USA E*tt 1 West Cojst CarribbeinEjjt Canada. HAITI Co*U Rica. El Salvador. Guatemala. Honduras. Venezuela Peru. Ecuador. Colombia via Miami. Trinidad. Barbados Anti|ua. St Lucia. Hontserrat. Guayana via Kinfstor UTiSKBUZajU AUSTRALIA CONTAINER SERVICE ZIM BRISBANE ZIM EIIAT ZIM KOPER ACCEPTING CARGO
      433 words
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      Page 30 Advertisements Column 3
      522 30 Everett Lines/ -piCOMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER 4 41 k'if KIM ii:/1.0.11- i.ißii.u ai. CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penanj* P. Kelarvf* Singapore HUGHEVERETT if) Jun MANOLOEVERETT 16/17 Jun JOHNEVERETT 6/7 Jul "EVERETT ORIENT LINE" 5 JAPAN/BAY
      522 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      288 31 Seabrfqgfe 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 Warehouse at PSA Multistorey Complex: *****08 Malaysia: *****33 Tlx: MA***** Fax: *****68 »SMWI WEEKLY FROM Singapore Port Kelang Penang UK/EUROPE: FAR EAST United Kingdom Bangkok,
      288 words
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      Page 31 Advertisements Column 2
      244 31 Consolidation Service NEW CALEDONIA TAHITI SIN 6/6, 1/6 NOUMEA 7/7 PAPEETE 15/7 MAURITIUS REUNION ISLAND SIN 29/6, 3/6 PORT LOUIS 13/6 REUNION 9/6 FRANCE SIN 3/6 MARSEILLE 19/6 LE HAVRE 3/7 TRANSTAINERS DELMASVEUEUX WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Fnlgbt Pti Lti
      244 words
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      Page 31 Advertisements Column 3
      406 31 LCL/FCL SERVICE Ms.l epjmq I- jryu In Kill IJNI a<~>hs.| M 'MI'NA 1,1) "< >N<-, kONi.i P M 1 i\ SAS < Al'A» f.'Ai AYS'A RRUM pn«"-, lIHOPf IiSA r ANAflA K A':S T «A| A UUVU LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Fai: *****77 S.E.ASIA/CHINA SERVICES SCP PKLANC
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      Page 31 Advertisements Column 4
      527 31 GLORY NAVIGATION 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN, HONGKONG AND THAILAND. ABLE TO LIFT REEFER OTHERS CONTAINERS OCEAN INTL MARINE CORP. PTE LTD *****11 (5 LINES)/*****49 (Direct)
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      Page 31 Advertisements Column 5
      291 31 PTC CONTAINER LINES FCI LCL SERVICF P?C GttDUP ill 'M'Ji la JiLILLj 6/6 SYD/MELB/ADEL/FREM 4/6 AUCKLAND/WELLINGTON HI PAPUA MEW BMIWEA 6/6 P. MORESBY/RABUAL/LAE 26/5 BOMBAY/MADRAS/CALCUTTA 8/6 COLOMBO 8/6 KARACHI C/CJ CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL. HAIRATAN/KABUL/TOURGHUNDI WORLD FREIGHT SERVICES LTD International NVOCC Container Liner Weekly Service To
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      Page 32 Advertisements Column 1
      366 32 Hai Sun Hup Co (Pte) Ltd u l Tft |?0 Linpsi T X US ?r>OM A RS .'OB'? 4 I \s 11 K \k I i\i u ill) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! Yokohama 17/6 7/7 23/7 Nagoya 15/6 21/7 Osaka 4/7 Senboku 24/6 Moji 'Subject
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      Page 32 Advertisements Column 2
      402 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE i»in LoHavr* Camwctmf VSL *5 M NUERNBEG ATI VSt S oft LoHavrt Camactinf VSL |Fw NED OCJMM VIC Mfi UA NUERNBEG ATI B. SURIA ¥172 10 230 STUTTGART EXP. i? ~anv ,STOn SCLANMA HI! 1» W MJSSELDOftf EXP Mexico Vera Cruz, Mexico
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      Page 32 Advertisements Column 3
      59 32 WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK LONDON, MARSEILLES Ag«nt MHM-ASIA SHIPPING (SI PTE LTD Tel: *****88 (8 Lines) Tlx: RS ***** caim;ow \ys iks p/i Tt I: 732.1007/ 23:>9059-91 BOMBAY KARACHI: 6/6 MADRAS CALCUTTA: 25/5 LCL consolidation. FCL and breakbulk. Conference and vessel below 15 years old. Ocean
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      Page 32 Advertisements Column 4
      740 32 ml CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG SINGAPORE K. LUMPUR •04-C*****/4, €***** '07-*****! <07-*****3, *****5. *****0, *****1 <02-*****22 *****88 Twrr-i WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER 6 BUTANC 447 BUTANC 44? BUTANC 451 BUTANC 453 OTHER DESTINATIONS: AARHUS AMSTERDAM. ANTWERP. BASLE BREMEN BREMERHAVEN COPENHAGEN.
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      Page 32 Advertisements Column 5
      116 32 TOKO LINE Lotdtag For Part Kbng/Ptnani EASTERN FUJI V 1M CRYSTAL Host 2 PEARL STAR V-4 EASTERN ISLAND V-H DOOYAMC EMARALO *1 ROKI HARU V-3 KTOHA RREEZE V M PAMRTI LMA 12 FUJI V-l GOLDEN FALCON V-l SAIUD 21 BAT in port v my v my a bat 9 BAT
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